Page 25 - Libro Memoria Cien Inglés

Revenues

In 2020, the CIEN Foundation managed an income budget of over 2.2 million euros.
The main source of income comes from the nominative assignment of the Carlos
III Institute of Health, which amounts to € 1.325,000 (representing 58% of total in-
come), aimed at achieving the specific goals and objectives that are materialized in
the promotion of research in health sciences, and develop and offer scientific-tech-
nical services of the highest quality, aimed at the National Health System and the
whole of society.

The breakdown of total revenues obtained in 2020 and 2019 has been as follows:

Description 2020 2019

Grants, donations and legacies charged to surplus for the year 1.614.992,80 1.792.403,96

Sales and other income from commercial activity 124.289,43 150.155,95
Other income 871,86 1.298,46
Grants, donations and legacies transferred to capital surplus for the 515.289,62 526.203,18
year
Financial income 121,63 233,66
Exchange rate gains 4.327,75 -
Reversion of impairment loss from trade accounts receivables 6431,14
Provision surplus 1.547,71 -
Total 2.261.440,80 2.476.726,35

Revenues of the institution consist mainly of grants, donations and operating lega-
cies and capital received from Public Administrations and other institutions, com-
panies and individuals.

Grants, donations and legacies charged to surplus for the year Importe
ISCIII 2018 NOMINATIVE ALLOCATION CURRENT EXPENSES 1.325.000,00
OTHER DONATIONS CHARGED TO SURPLUS 30.250,00
VALLECAS 2 PROJECT - QUEEN SOFIA FOUNDATION 200.000,00
QUEEN SOFIA FOUNDATION --MAPFRE FELLOWSHIPS 15.793,25
PT17-0015-0015/ ISCII 34.134,44
PEJ-2017-TL-BMD 3.536,11

RTI2018-098762-A-C32 6.279,00
1.614.992,80