Page 30 - Libro Memoria Cien Inglés

Distribution of CIEN Foundation expenses

YEAR 2020 2019
Monetary aid and others 24.646,10 45.242,70

Variation of existences of merchandise 1.181,19 293,41
Supplies 109.352,67 175.725,59
Purchase of merchandise 39.306,66 108.071,46
Work performed by other companies 70.046,01 67.654,13
Staff costs 825.594,88 835.432,52
Wages, salaries and similar expenses 649.349,35 653.529,11
Social Security paid by employer 175.916,29 181.474,80
Other social welfare costs 329,24 428,61
Other operating expenses 532.489,62 592.332,23
Leases and fees 7.380,52 5.819,26

Repairs and preservation 300.902,95 280.518,43
Services of independent professionals 90.729,29 50.575,01
Transportation 2.707,82 3.249,82
Insurance premiums 18.720,94 22.355,77
Banking and similar services 126,89 125,42
Advertising and publicity 28.228,69 39.577,18
Supplies 46.660,84 54.885,84
Other services 36.651,04 131.468,02
Other taxes 380,64 3.757,48
Provisions for fixed assets amortization and depreciation 519.532,08 524.958,84
Amortization of intangible fixed assets 496.805,87 497.040,24
Amortization of tangible fixed assets 22.726,21 27.918,60

Impairment and gains on disposal fixed assets 0 5.318,89
Exchange rate losses 15,81 0
TOTAL EXPENDITURE 2.012.812,35 2.179.304,18

2.3. Research projects and grants tive diseases and in coordinating
prominent Spanish research groups.
CIEN Foundation aims to support, pro- Research projects managed by the
mote, and coordinate research in neu- Foundation seek to foster research and
rological diseases. To do this, it focuses study in these fields, especially Alzhei-
its efforts especially in neurodegenera mer's disease and related disorders.

Annual report Fundación CIEN 30
2020