Page 41 - Memora anual Fundación CIEN 2017
P. 41
2. MANAGEMENT REPORT
The breakdown of total revenues obtained in 2017 and 2016 has been as follows
2017 2016
Grants, donations and legacies charged to surplus for the year 1.206.348,64€ 1.588.467,76€
Reimbursement of grants and subsidies 76.848,62€ 131.406,28€
Sales and other income from commercial activity 5.866,66€ 4.479,78€
Other income 506.781,77€
Grants, donations and legacies transferred to capital surplus for the year 432.961,13€ 106,61€
Financial income 11,64€ 227,85€
TOTAL
13.925,68€ 2.231.471,05€
1.735.962,37€
The rest of the amount corresponding to the subsi- and from the Region of Madrid; the M+VISION pro-
dies, donations and bequests allocated to the sur- ject, the Biobank Platform PT13/0010/0045 and the
plus of the year is identified with the projects derived income derived from the realization of the project
from the Youth Employment Plan, both from the Mi- funded within the framework of the CoEN-Pathfinder
nistry of Economy, Industry and Competitiveness, 2015 call.
Distribution of CIEN Foundation revenues
2017 % 2016 %
Monetary aid and others 40.253,30 € 1,90% 15.691,23 € 0,71%
Variation of existences of merchandise 2.696,60 € 0,13% -12.708,72 € -0,57%
Supplies 164.432,45 € 7,40%
Staff costs 154.130,42 € 7,27% 930.045,89 € 41,87%
Other operating expenses 890.134,41 € 42,01% 616.438,80 € 27,75%
Depreciation and amortization 577.060,15 € 27,23% 506.470,99 € 22,80%
Impairment and gains on disposal fixed assets 440.765,97 € 20,80%
Exchange differences 310,78 € 0,01%
TOTAL 0,00 € 0,00% 410,07 € 0,02%
13.843,41 € 0,65% 2.221.091,49 €
2.118.884,26 €
CIEN Foundation Annual Report 2017 / 41
