| AboutBHIVA | 5 |
|---|---|
| Yeor inreview | I |
| Thework ofthe BHIVAsubcommillees | 14 |
| BHIVA membershiponnuol reporl to3lOclober 2022 | IJ |
| Structure,governonceondmonogement | 29 |
| Finonciolreview | JJ |
| SlotemenlofDirectors'ondTrustees' responsibilities | 34 |
| Finonciol Stotementsforlheyeor ended3lDecember2022 | 3ó |
| SALESMODEL | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| lnstitutionswilh occes¡visoì/y'ileylicense | 7,395 | 7,170 | 7,153 | |
| AllJournqlslicense | 2,954 | 2,347 | r,340 | |
| Tronsformotionol ogreements | 9ól | ì,398 | 2,825 | |
| Otherlicenses | 3,480 | 3,425 | 2,988 | |
| lnstitulionswithocce¡s viq tuoditionol subscriptions | 2 | 2 | 2 | |
| Online | I | I | I | |
| Printond online | 0 | 0 | 0 | |
| Prinl | l | l | I | |
| Totol | 7,397 | 7,172 | 7,155 | |
| Reochbyregion | REGION | 2020 | 2021 | 2022 |
| Thistobleshows thenumberofinstitutions,by | Auskolio &NZ | 462 | 462 | 463 |
| region, with occess tothe loteslcontentinyour | Conodo | B9 | BB | 9ì |
| journolvioeither oWìleylicenseor o troditionol | Chino | t0B | 112 | ll4 |
| (title-by-title)subscriplion. | Europe | 3,358 | 3,244 | 3,O58 |
| Jopon | 173 | 178 | 192 | |
| ReslofWorld | 2,49ö | 2,O52 | 2,104 | |
| UK | 3r5 | 2q3 | 2ç7 | |
| USA | 796 | 747 | 83ó | |
| Grond Totol | 7,397 | 7,172 | 7,155 |
| LIVE EVENT | BHIVA SPRING 2020 |
BHIVA BASHH SPRING 2021 |
BHIVA SPRING 2022 |
|---|---|---|---|
| ABSTRACTSSUBMISSIONS | 216 | 225 | 157 |
| ABSTRACTS ACCEPTED | 248 | 216 | 144 |
| ORAIPRESENTATIONS | 30 | 24 | 2A |
| POSIERPRESENTATIONS | 174 | ¡90 | 124 |
| 2022 | 2022 | TREND | 2021 | |||
|---|---|---|---|---|---|---|
| MEMBERSHIP CATEGORY | No% | o/ | No | |||
| Consultont | 364 | 48% | .t | 364 | 49o/" | |
| Non-consultont | l9ó | 26% | " | z | 201 | |
| BHIVA Affiliored3 | /J | 10% | ô | 7A | ç% | |
| BHIVAUK.CAB | 3ó | 5% | .1, | 42 | ó% | |
| BHIVA lnternorionol(HMIC/tMlC)4 | 3l | 4% | I | 23 | 3% | |
| Lifemembef | 2Õ | co/ | 20 | 2"4 | ||
| Relired consultonl | ló | 2% | tó | 2% | ||
| ,Annuolmemberô | lt | 1% | 2 | 1% | ||
| Med¡colstudent | 7 | 1% | 6 | 1'/, | ||
| Totol BHIVA members | 754 | 100"/" | f+ | .347.1 | 744 |
| MÊMBERSNOT RENEWED | 2022 | 2021 | 2020 | 20'19 | 2018 | 2017 | 2016 | 2415 | 2014 | 201 3 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Iololconcellotions | I8 | l9 | 39 | 20 | 23 | 29 | 40 | 39 | 33 | 4A | 38 | 18 |
| Notrenewed {fopsed} | ó9 | 94 | 2\2 | t01 | 149 | lló | 2 | r09 | 7g | 99 | 79 | |
| Totol | 87 | lr3 | 25t | 121 | 172 | t15 | 152 | r48 | 112 | 139 | 117 | t27 |
| 2022 | TREND | 2021 | |||
|---|---|---|---|---|---|
| REASONFORCANCELTATION | |||||
| f/"1 | |||||
| ReÍired | ó | 33% | ô | 6 | 32% |
| Noreosongiven/Olher | 5 | 2B% | rt | 6 | 32% |
| Nolonger workinginl-llV | 3 | t2q | .t, | ( | 26% |
| Porenlolleove | e | 17% | I | 1 | 5% |
| Sobbt¡coI leove | I | 570 | I | o | o% |
| Finonciolpressuæs | 0 | Q% | rt, | I | |
| Tolol conc¿lled membar¡ | r8 | 00% | l9 | l00o/" | |
| GRAPH SHOWSTHE | PREVIOUS | MEMBERSHIP CATEGORY OFT | |||
| WHOLEFTTHEASSOCIATION DURING2022 | |||||
| 10% | |||||
| I | |||||
| il | |||||
| I | |||||
| H | |||||
| I | |||||
| ffi I |
|||||
| t% |
32 HIVA l. Invudl Ile1ri e.Iceounl8 211 P
| Contents | |
|---|---|
| Referenceondodministrotivedetoils | Jö |
| Auditors'Reportlo MembersondTrustees | 39 |
| ConsolidotedStolementofFinonciolActivities | 44 |
| StotemenlofFinoncìolActivilies | 45 |
| ConsolidotedBolonce Sheel | 46 |
| BolonceSheet | 47 |
| ConsolidoledCoshflowStoiement | 48 |
| Nolesto the FinonciolStolements | 49 |
| Unrestricted | Restr¡cted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | lunds | funds | ||||
| 2022 | 2022 | 2422 | 2t2t | ||||
| f{ote | f | € | € | f | |||
| lncomefrom: | |||||||
| Donations andgrants | 2 | Itg0 | 43,78O | u,2æ | 30,400 | ||
| Charitableåctivities | 3 | 783Aæ | 61,500 | 844,958 | 802,æg | ||
| lnvestments | 4 | 30,558 | 30,558 | 35,884 | |||
| Totalincome | 814"506 | 105,280 | 919,786 | 868,933 | |||
| Expendltureon: | |||||||
| Raisíngfunds | 12,354 | 12,334 | 12,993 | ||||
| Charitableactivitíes | 5 | 941,049 | 20,709 | 961,758 | 837,036 | ||
| Totalexpenditure | 953,403 | 2A,709 | 974,1L2 | 850,029 | |||
| Net{expendlture}/lncome beforenet | |||||||
| galnsonlnv$tments Netgalnson¡nv€stments9 |
{138"8971 (312,9181 |
84,571 | (54,3261 (312,9181 |
18,904 226,158 |
|||
| Net(êxp€ndlturel/lncome beforetaxat¡on |
(45r"S$) | 84,571 | 1367,24r'.1 |
245,062 | |||
| ïaxation | 7 | (3.148) | |||||
| Netincome/lexpenditure | after taxat¡on |
(4s1815184,57t | l?67,24124t,9t4 | ||||
| Transfersbetween funds | |||||||
| Netmovement¡nfunds | {451,8151 | w,571 | 1367,2M1 | 24L,9t4 | |||
| Reconciliation offunds: | |||||||
| Totalfundsbrought forward | 2,345,833 | 37,421 | 2,383,254 | 2,L4t,34O | |||
| Netmovementinfunds | lls1,8lsl | - | 84,571 | 1367,2441 | - | 24L,9t4 | |
| Totalfundscarrledforward | tzt,g92 | 2,383,254 |
| Unrestrlcted | Restrlcted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 20?,2 | m22 | 20zz | 2021 | ||
| Note | € | r. | e | c | |
| lncomefrom: | |||||
| Donations andgrants | 2 | ¡tg0 | 43,784 | u,260 | 30,400 |
| Charitableactivities | 3 | 72L,371 | 61,500 | 782,87r, | 769,463 |
| lnvestments | 4 | 30,558 | 30,558 | 35,884 | |
| Total lncome | 752,499 | 105.280 | 85¿689 | 835,747 |
|
| Expendltureon: | |||||
| Raisingfunds | t2,357 | 12,357 | 12,993 | ||
| Charitableactivities | 5 | 798,558 | 20,709 | 8t9,267 | 824,420 |
| Total êxpend¡ture | 810,915 | 20,7A9 | 83t,624 | 833,413 | |
| Net{expendituref/lncome before net gaínson¡nvestmênts8 |
(58,5061 | u,s7L | 25,065 | 2,334 | |
| Net gainson ¡nvestments | {312,9181 | {312,918} | 226,L58 | ||
| Net{expénditurel/lncome beforetaxation |
(?7L,42p.lU,57t | (286,8531228,492 | |||
| Taxation | |||||
| Netincome/(expendlture)after taxat¡on |
(371,4241U,57t | (286,8531228,492 | |||
| Transfers between funds | |||||
| Netmovenient¡nfunds | (37t,4241 U,57L | (286,853)228,492 | |||
| Reconciliationoffunds: | |||||
| Total funds broughtforward | 2,332,063 | 37,42L | 2,369,484 | 2,L40,992 | |
| Netmovementinfunds | 1371,4241 | u,57L | (286,8531 | 228,492 | |
| Totalft¡nds carriedforurard | L950,639 | L2t,g92 | 2,982,63L | 2,369,484 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | c | E | |||
| tixedassets | |||||
| Tangibleassets | 8 | t2 | 21.8 | ||
| lnvestments | 9 | 1,509,302 | L,970,280 | ||
| L5üt,334 | L,870,498 | ||||
| Current assets | |||||
| Debtors | 10 | 296,595 | 456,363 | ||
| Cashandcashequivalents | 5¡t{r,9/t6 | 561,943 | |||
| 837,541 | 1,019,306 | ||||
| Credltors: amountsfallingduewithin oneyear |
11 | (330,865) | {505,550) | ||
| Netcurrentassets | 506,676 | 512,756 | |||
| Totalassets lesscurrentl¡abil¡t¡es | 2,016,010 | 2,383,254 | |||
| Total netas$ts | 2,016,010 | 2,383,254 | |||
| Charityfunds | |||||
| Restrictedfunds | t2 | tzL,992 | 37,421 | ||
| Unrestrictedfunds | t2 | L894018 | 2,345,833 | ||
| Total funds | 2,016,010 | 2,393,254 |
| 2022 | 2A2t | ||||
|---|---|---|---|---|---|
| Note | Ê. | € | |||
| Fixed assets | |||||
| Tangbleassets | I | 32 | 218 | ||
| lnvestments | 9 | L509,302 | t,870,28t | ||
| 1,509,3!14 | 1,870,499 | ||||
| Currentassets | |||||
| Debtors | 10 | ¡t36,519 | 454,593 | ||
| Cashandcashequivalents | ß4,846 | 545,992 | |||
| 901,365 | 1,000,585 | ||||
| Credítors:amounts fallingduewithin | |||||
| oneyear | 11 | (328,0681 | (501,6001 | ||
| Nêtcurr€ntassets | 573.297 | 498,985 | |||
| Totalasteßlesscurrent líabilities | 2,982,63t | 2,369,484 | |||
| Totalnetassets | 2,æ2r63t | 2,369,4U | |||
| Charity funds | |||||
| Restrictedfunds | L52,449 | 37,42t | |||
| Unrestricted funds | 1,930,182 | 2,332,063 | |||
| Totalfunds | 2,082,631 | 2,369,44 |
| 2022 | 202r | ||
|---|---|---|---|
| Note | € | € | |
| Cashfiows fromoperatíng act¡vlt¡es | |||
| Net cash used inoperating activities | L | {9ft,6121 | {24,381} |
| Cashf,owsftom¡nvesdngact¡v¡t¡êg | |||
| Divldendsand interestsreceivedfrominvestments | 30,558 | 35,884 | |
| Purchaseof tangible fíxedassets | |||
| Proceedsfromsaleof listed investments | 80,559 | t9t,862 | |
| Purchaseofl¡stedinvestments | (32,5{r2l | (203,862) | |
| Netcashprovldedby investlng actlvlt¡es | 79,6t5 | 23,884 | |
| Ctange incashandcashequivalentsintheyear | (20,997) | (4s71 | |
| Cashandcashequivalentsatthebeginningoftheyear | 561,943 | 562,440 | |
| Cashandcashequ¡valents attheendoftûeyear | 15 | 540,946 | 561,943 |
| unrestr¡cted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2422 | 2022 | 2022 | |
| C | € | f | |
| Donations | 2AO | 280 | |
| Grants | 480 | 43,500 | ¿13,980 |
| Total 2022 | 480 | 43,780 | 4,zffi |
| Unrestrícted | Restricted | Total | |
| funds | funds | funds | |
| 2A2L | 2A2l | 2CI2L | |
| f | € | f | |
| Donations | 15,000 | 15,000 | |
| Grants | 15,400 | 15,400 | |
| Total2021 | 15,400 | L5,000 | 30,400 |
| unrestricted | Restr¡cted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| € | f | f | |
| MembershipSubscriptions | 106,480 | 106,¡t80 | |
| MajorSponsorshípFees | t42,700 | L42,7OO | |
| HIVmedicineroyalty &DAICsubscríption | L66,044 | 166,044 | |
| Conferenceregistrationfees | 101,312 | t0'.,3t2 | |
| Exibition stands | 263,740 | 26?,7& | |
| Other conference income | 692 | 11,500 | t2,t92 |
| MACAlDsFund | 50,000 | 50,000 | |
| Miscellaneous income | 2,500 | ¿500 | |
| Total2022 | 783,468 | 61,500 | 344,968 |
| Unrestricted | Restrícted | Total | |
| funds | funds | funds | |
| 2A21 | 2427 | 2021 | |
| ç. | € | ç. | |
| Membershíp Subscríptions | L26,379 | L26,379 | |
| MajorSponsorshipFees | 160,400 | 160,400 | |
| HIVmedicineroyalty&DAIGsubscription | 246,622 | 246,622 | |
| Conference regístration fees | 39,163 | 39,163 | |
| Exibition stands | 139,000 | 139,000 | |
| Other conference income | 33,&10 | 11,995 | 45,835 |
| Scholarships and busaries | 250 | 250 | |
| MACAIDsFund | 25,000 | 25,000 | |
| MACAlDsFund | 20,000 | 20,000 | |
| Miscellaneous income | 500 | 500 | |
| Total2021 | _170,654 | 31,995 | 802,649 |
| unrestricted | Totâl | |
|---|---|---|
| funds | funds | |
| 2022 | 2022 | |
| e. | Ê | |
| Bankdepositinterest | 893 | 893 |
| Dividends receivedfrominvestments | 29,665 | 29,665 |
| Total2022 | 30,558 | 30.558 |
| Unrestricted | Total | |
| funds | funds | |
| 2421 | 2t21 | |
| Ë | ç. | |
| Bankdeposit interest | 52 | 52 |
| Dividends receivedfrominvestments | 35,832 | 35,832 |
| Total2021 | 35,884 | 35,884 |
| 5.ANALYSIS OFEXPENDITURE | BYACTIVITIES | ||
|---|---|---|---|
| Support and | |||
| Direct costs | governance | Total | |
| costs | costs | Funds | |
| 2422 | m22 | 2A22 | |
| Charitable activitíes | 642,657 319,101 | 961,758 | |
| Total2022 | 642,657 | 319,101 | 96L,758 |
| Support and | |||
| D¡rect costs | govgfnance | Total | |
| costs | costs | Funds | |
| 2021. | 202L | 2A2t | |
| Charitable activ¡ties | 553,652 283,384 | 837,036 | |
| Total2021 | 553,652 283,384 | 837,036 |
| Total | Total | |
|---|---|---|
| Funds | Funds | |
| 2022 | 2021 | |
| € | € | |
| Subsidestoaffliatedassociations and donations | 10,000 | 10,000 |
| Researchawards | x1o3 | 70,036 |
| Exchangescholarshipprogrâmme | (8,720], | |
| Conferences,coursesand eveñts | 475,001 | 34t,234 |
| National clinicalaudit | 27,ß8 | 19,2O0 |
| HIVmedicine,guidelinesand educationaltools | 85,77O | 94,825 |
| Website andappdevelopmentand maintenance | 35.295 | 27,A77 |
| æ2,637 | 553,652 |
| ANALYSISOF SUPPORT COSTS | ||
|---|---|---|
| Total | Total | |
| Funds | Funds | |
| 2422 | 202L | |
| € | € | |
| Secretariatfees | 2L2,323 | 2l!,8L4 |
| Establíshment, comitee and communications | 4?,432 | 40,770 |
| Accountancy and bookkeeping fees | 13,691 | 6,62L |
| Auditorsrenumeration | 9,(Xlo | 5,000 |
| Legalandprofessionalfees | 21,353 | 8,922 |
| Bankand currencycharges | 4,L67 | 4,074 |
| lrrecoverableVAT | L4,947 | 5,938 |
| Depreciation | r86 | 245 |
| 319,101 | 283,384 |
| TheCIOhos no employeesondtherefore, noemplo 7.TAXATION |
yeereceived emolume | nts over!ó0,000peronnu |
|---|---|---|
| 2022 | 202L | |
| Corporatíontaxpayablebytradingsubsid¡ary | e. | € _gssl |
| GROUPANDCIO | |
|---|---|
| Office | |
| êquipmênt | |
| C | |
| cosr | |
| At1January 2022 | 1,656 |
| At31December2072 | 1,656 |
| DEPRECIATION | |
| AtlJanuary2022 | 1,438 |
| Chargefor theyear | 186 |
| At31December7022 | ,624 |
| NET BOOKVAI.UE | |
| At31December 2A22 | g2 |
| At31December 2021 | 218 |
| [isted | |
|---|---|
| lnvestments | |
| GROUP | Ë |
| VATUATION | |
| Costasat1January2022 | L870,280 |
| Additions | ?2,502 |
| Dísposals | (84,4651 |
| Revaluation | (3flt,015) |
| A5Af31DEC€MBER2022 | 1,50!1,302 |
| Thefinonciolresuhsof the sub | sidiory forthey | eorwere: | eorwere: | |||
|---|---|---|---|---|---|---|
| lncome | Expendlture | loss fortheNet | Lfabillties | |||
| BHlVATradfngLimited | ff 62,097 |
{142,490) | per¡od 2E (8{t,393} |
(66,622} | ||
| IO.DEBTORS | ||||||
| Group | 6roup | cro | cto | |||
| 2022 | 202t | 2022 | 2021 | |||
| e. | Ê | Ê | E | |||
| DUEW]THIN Of{EYEAR Tradedebtors |
137,959126,908 | L22,886 | 125,685 | |||
| Group debtors | L54,t67 | |||||
| Accrued income | 9t,746 | 276,L46 | 9L,745 | 275,559 | ||
| Prepayments | 32,132 | 53,349 | 32,L?2 | 53,349 | ||
| OtherDebtors | 34,758 | 35,589 | ||||
| ?99!9I__4s6,363__436,519 | 4s4,s93 |
| Il.CREDITORS:AMOUNTSFALLINGDUE | WITHIN ONE | WITHIN ONE | YE | AR | ||
|---|---|---|---|---|---|---|
| Group 2022 ʀ |
Group 2A2L |
2022 cro r |
cto 2021 E |
|||
| Tradecreditors | 257,2L7 | 330,339 | ?;57,65? | 325,856 | ||
| Amounts owedtogroupundertakíngs | 13,100 | |||||
| Corporat¡ontex Othercreditors |
3,1118 (371 |
3,148 7,320 |
{1211 | t | ||
| Accrualsanddeferredíncome | 70,577 | 164,743 | 70,537 | !62,643 | ||
| 330,865 | 505,550 | 328,068 | 501,600 | |||
| Group | Group | cro | clo | |||
| 2022 | --- | 2A2L | 2ø22 | 2A2L | ||
| c. | Ê. | c | E | |||
| DTfERRED INCOME | ||||||
| Deferred incomebrought forward | 55,499 | 36,218 | 55,496 | 36,2t8 | ||
| ResourcesDeferred duringtheyear | 30,320 | 50,923 | 30324 | 50,923 | ||
| Amounts releasedfromprevious periods | {st4oo} | l3L,74tl | (55,¡t{rol | l3t,74Ll | ||
| Deferred incomeasat31 December2021 | 30,320 | 55,400 | 30,320 | 55,400 |
| CURRENTYEAR | |||||||
|---|---|---|---|---|---|---|---|
| 8¿lsnce st 31 | |||||||
| ôllrnir ü1 | Irrúf€r¡lû/ | crln¡l | Deaâmbar | ||||
| .lanuary 2022 | lnoomeE¡pendllufe | T¡rstlon | out | {tossesf | 2022 | ||
| e | E | E | ç. | E | E | f, | |
| U1{¡ESTRICTED FUND9 | |||||||
| GcneralReserue | 2,332,063 | 732,449 | (810.e131 | {312,918} | 1,960,641 | ||
| Tradingtubsidary | ß,77A | 62,097 | (142,4e01 | (66,623) | |||
| l"g94,o1s | |||||||
| n€SrntcfËÞfuNos | |||||||
| websitedevelopmentfund | 2,9&O | 2,980 | |||||
| 6iléádpödcåstsfund | 27,6t7 | 27,6L7 | |||||
| Gilead Paklstanfund | 3.19û | 3,190 | |||||
| G¡lead best ó{cJôi &viivResèarch awards |
3,634 17.421 |
105,280{20,709} 10s.280lã¡.7091 |
88,205 m,992 |
||||
| TOTATOFÍUNDS | 2.t83.254 | 919.786{974,112} | t312.9¡Et | ¿016,010 |
| PRIOR YEAR | |||||||
|---|---|---|---|---|---|---|---|
| Ealrncest31 | |||||||
| Salance¡t1 JánuåryZl21 |
lncomoE¡pandlture | Tô¡al¡on | Tramfersln/ out |
Gafns/ {!orrÊ3} |
De€embor m2! |
||
| Ê | e | Ê | e | Ê | e | â | |
| UfTRESfRICÍEDfUND9 | |||||||
| GenÉral Reserve | a093,416 | 784,752 | FA2,49Zt | 173,77Lt | 226,t58 | 2,t32,963 | |
| Trâdin6Subsidary | 348 | 33,186 | (16,616) | t3,1481 | !1,770 | ||
| 2.t9t.til | 8:t1.938 | f719,1lr8t | tr.l¡¡¡l l7t.77tl | 226.tsa | ¿3lr5,833 | ||
| nE!¡TRtCfEO¡Ut{DS | |||||||
| Rescâtchãwärds fund | 15,û00 | 46,2151 | tt,z75 | ||||
| Wcbsite developmentfund | 4,000 | {1.0201 | 2,94O | ||||
| MACA | OSfund | t2,769 | 20,000 | t7s,2651 | 42,496 | ||
| ç¡leadpodcästsfund | 27,677 | 77ßr7 | |||||
| 6llêadPaklstanfund | 3,r90 | 3,190 | |||||
| Glleäd bestof Croi | 11,995 | {8,361} | 3,634 | ||||
| qt.s76 | ß.gis | f13o.92tl | - |
7?,nL | ' | ,7,42t | |
| ÎOTAI OfFUNOS | ¿383,2¡4 |
| Unrêstrlcted | Restricted | Total | |
|---|---|---|---|
| funds | fi¡nds | funds | |
| 2022 s |
2022 r |
m22 f |
|
| Tangible fixedassets | 32 | 32 | |
| FÍxedassetínvestements | 1,509,302 | t,$ot,w2 | |
| CurrentAssets | 685,092 | 152,449 | 877,54t |
| Creditors duewithinoneyear | (330,865) | {330,865} | |
| TOTAT | tgg3,s91 | 152,449 | 2,016,010 |
| PRIOR YEAR | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2A2L | 2AZL | zo2t | |
| E | € | f | |
| Tangible fixedassets | 218 | 2L8 | |
| Fixed assetinvestements | \,970,28O | 1,870,280 | |
| CurrentAssets | 1,o05,og1 | 37,421 | 1,O42,502 |
| Creditors duewithin oneyear | 1529,7461 | 1529,746l. | |
| TOTAL | 2,345,933 | 37.421 | 2,383,254 |
| 14.RECONCILIATION OFNETMOVEMENTINFUNDS TO FROM OPERATINGACTIVITIES |
NETCASH FLOW | |
|---|---|---|
| 2422 | 2427 | |
| € | € | |
| Net incomel(expenditurelfor theyear | ||
| {asperStatement of financialActiv¡t¡es} | 1367,2A41 | 24t,914 |
| Adtustmentsfor: | ||
| Ðeprecíationcharges | 186 | 245 |
| (Gains)/losson lnvestments | 312,919 | {226,158) |
| Dividends and interests receivedfrominvestments | (30,558) | (35,884) |
| {lncrease)/decrease indebtors | L59,768 | (146,560) |
| lncrease/ {decrease} increditors | (174583) | L42,062 |
| Netcashprovldedbyoperatlng ad¡vit¡es | {99,612) | (24,381) |
| I5.ANALYSIS OF CASHANDCASH EOUIVALENTS | ||
|---|---|---|
| Group | Group | |
| 2022 | 202L | |
| f | € | |
| CashÍnhand | ß7,LtB | 513,483 |
| Cashatbroker | 53,828 | 48,460 |
| TOTAL CASHANDCASH EQUIVATENTS | 540,946 | 561.943 |
| At1 | At31 | ||
|---|---|---|---|
| Janurry | December | ||
| 2022 | Cashflows | 2ß22 | |
| I | f | s | |
| Cashandcashequivalents | 561,943 | lza,s97l | 54{r,946 |
| s61,943 | 120,9971 | 5¡10.946 |