Abaana Ministries
Trustees, Report and Flnanclal Statements
31 December 2024
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COMPANIES HOUSE
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Abaana Ministries
Company No.. Nl 33513
Trustees
Lynne Gibson
Noel Gordon
David Manning
Cynthia Madziva (appointed 9 Sep-24)
Archie McAvoy MBE (resigned g Sep-24)
Dr Gillian McBride
Martin Piti
Sharon Slack
Jonathan Young
Chair
Jonathan Young
Secretary
Scott Baxter
CEO
Scott Baxter
Audltor8
Johnston Kennedy DFK
Chartered Accountants
10 Pilots View
Heron Road
Belfast
BT3 9LE
Bankers
First Trust Bank
85 Main Street
Bangor BT20 48A
Registered Office
78 High Street
Bangor
Co Down 8T20 5AZ
HMRC Charity Registration Number
XR 23866
Charity Commission for Northern Ireland Registration Number
102174

Abaana Ministries
Trustees, report
For year ended 31 December 2024
The Trustees present their report and the audited financial statements for the year ending 31
December 2024 which have also been prepared to meet the requirements for a directors, report
and accounls for Companies Act 2006 purposes.
The financial statement5 comply with charity and company law, the Memorandum and Articles of
Association and Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance wilh the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Chair's report
We were encouraged to see one team from Northern Ireland travelling to Uganda to support and
engage in the work. The Abanna Children's choir toured in the first half of 2024 giving 66
performances and signing up 548 new child sponsorships. The choir was very ably led by
Rodney and Jacqueline Garnham, supported by Sarah and Tabitha from Uganda and a
dedicated number of tour chaperones, all of whom made a superb contribution to the success of
the 2024 lour. It is recognised that the lour being safely and successfully fulfilled was down to
the providence of God, who used the skills of Scott and the enlire Abaana UK team and the
recognition and appreciation of their mammoth efforts is both to be highly commended and
greatly appreciated by the Board. The choir tours have been highly instrumental in injecting vital
financial support for Abaana Uganda and provides a tangible portal for supporters in the UK and
Ireland to view the delivery of money raised in these islands for vital projects and educalional
support on the ground in Uganda.
During the year we saw the completion of various construction projects in Uganda. In December
we celebrated with the local community when we officially opened the new classroom block at Sl
Mary's. New Life Homes conlinues to play a vital role in providing Street children with a stable
background and an opportunity to rebuild their lives. In November we increased the enrolment to
the maximum allowable,
Plans to re-locate to new premises in Main Slreel, Bangor have yet to materialise due to
protracted boundary and legal issues. However, the momentum and desire to relocate remains
and the Board continues to support the clear ne8d for the move. Due to the financial challenges
associated with the running of the charity shop in its current format, a decision was taken by the
Board to temporarily cease trading in High Street. with the Shop effectively closing in December
2024.
Dr Gillian McBride completed her tenure as Chair of Abaana during the year and proved to be
an excellent leader during her 4 years in the role and continues to make a valued contribution lo
the Board. Gillian has been succeeded by Jon Young, who has been a Board member since
2016. During the year, the Board welcomed Cynthia Madziva who has joined Abaana all the way
from London.
The Board has now approved the acquisition and implementation of a CRM system designed to
provide an information platform that will deliver future stability, donor insights, improved systems
integration and scalability for growth and improved communication with our donor base.
As a Board. we continue to recognise Ihe enormous contribution to the work of Abaana made by
staff. volunteers, and supporters across the UK and wider afield. as together we seek to bring
hope to children living in poverty in Uganda.
Purposes and activities
Abaana Ministries, principal activity, as set out in The Memorandum and Articles of Associalion
is the relief of poverty in the African continent, and the relief of those in need, by reason of
youth, age, ill health. disability. financial hardship or other disadvantage and to educate the
general public regarding povety and the spiritual needs of these people and the advancement
of the Christian faith. This is primarily achieved through building schools, sponsoring children to
enable them to receive an education, providing food and basic medical care to children living on
the streets, rescuing children from the streets. providing clean water supplies by building wells.

Abaana Ministries
Trustees, report
For year ended 31 December 2024
installing pumps and supporting farming and microfinance projects in partner communities. The
focus of our work has continued to be in the country of Uganda in the current year.
The overall vision of Abaana is to see the children of Africa have their needs met, their rights
upheld and their hopes fulfilled.
In shaping the objectives for the year and planning our activities the Trustees have considered a
number of key components, namely the financial resources available, prioritised projects in
Uganda and the on-going needs of existing key programmes. The work of the charity is
undertaken in partnership with locally based charitable organisations in the country of operation.
In the past year activities have been undertaken in partnership with Abaana Ministries Uganda
Ltd, a separate legal entity registered and operating in Uganda with ils own governance,
management and slaffing arrangements although we provide support and advice through the
provision of an independent Board member.
The strategies employed to achieve the charity's aims and objectives include regular production
of management accounting information, oversight by Trustees of key deliverables and progress
made, in raising funds for aclivilies, overseeing building and other work on our projects, a
detailed Grant Agreement process for funded programmes with specified outcomes and post-
project delivery review.
Role of v
I nteers
The financial statements sel out the results for the year but do not reflect the very considerable
and vital support given lo Abaana by volunteers. Locally, volunteers help to run our charity shop,
fundraise and prepare mail outs. Overseas, they make up the team8 which Iravel to Uganda and
carry out work across our projects.
Achievements and performance
Review of activities:
New Life Choir
The Abaana New Life Choir arrived into Northern Ireland in January 2024 and after a period of
rest, adjuslment and preparation the first concert took place on 2nd February, with the final
concert laking place on 9th June. The 20 children plus 10 chaperones participated in 66
concerts which were held throughout the island of Ireland, England and Scotland. The concerts
provided the opportunity for audiences to enjoy an eclectic mix of Ugandan culture through
music and dance, along with contemporary worship. The audience response to the concerts was
tremendously encouraging. through their comments. participation and financial response. 548
additional sponsorships were added, with a number of significant individual donations to the on-
going work in Uganda. We are indebted lo the people who at each of our concert venues acted
as hosts for the children and chaperones, who opened up their homes and made everyone feel
so welcome. 8y all measures Choir 3 was a huge success. Thousands of people frorn various
denominations and schools, in different regions were blessed through the ministry of the Choir
and as a result more children in Uganda are being given the opportunity of an education.
The additional sponsors represent an annualised increase of £175,000 in sponsorship income.
Unfortunalely. for several reasons we do see donors unable to continue their financial support,
which highlights the importance of running a successful choir.
Support of Schools
Over 7,000 children attend 17 Abaana-supported primary schools. The main source of income
for these schools comes from sponsored kids, wilh an estimated Ihree children paying lower
subsidised rates for every one child sponsored at the school. Sponsorship income provides an
assured funding stream for the schools to pay teachers and run the school.

Abaana Ministries
Trustees, report
For year gnd•d 31 December 2024
Child Sponsorship
During 2024, nearly 2.000 children received direct support under the Abaana Child Sponsorship
Scheme. The children normally attend the 17 Abaana primary schools or various other
secondary or vocational schools. Sponsorship. in addition to paying for a child's school fees,
provides exercise books and stationery, as well as both a school uniform and baslc medical
care, when required.
Christmas Gift Scheme
The annual Christmas Gfft Appeal was launched in October 2024 with informed social media
posts, e-mails, and postal communication to Child Sponsorship donors. A record £72,683 was
raised, an increase of 470/0 on the previous year. This was an exceplional amount of money that
allowed Abanna to supply a basic Christmas pack to 1,836 children. The basic pack included a
school bag, water bottle, sweets, cooking oil and various basic food items. The children were
thrilled and extremely grateful lo receive such a gift as they left school prior to the Christmas
holidays. Needless to say, Ihe pack benefited nol only the children but their families.
New Life Homes Project and Street Reach
Throughout the year the number of boys al New Life Homes varied be￿een 26-28, with some
boys being re-settled back home and new boys being brought in. Seltling boys into a new and
slable environment can lake time. With the slruclure of school, the routines of mealtimes, safe
spaces for recreation and the care and support of the staff it is encouraging to see the boys
prosper. Choir concerts in 2024 provided the opportunity to increase the donor base and this
increase allowed Abaana to completely close the funding gap we had al New Lrfe Homes. We
continue to work with outside partners and government agencies to identify children who can
benefit from a life away from the streets. Our aim is always to resettle the boys back into a
supportive family environment where their needs are best m8t.
In November 2024 we announced the temporary closure of the Shop on High Slreet, Bangor.
After a number of years of reducing revenue and increasing costs it was decided lo re-consider
our approach to the Abaana shop. The search for new premises will conlinue with the
expectation of also finding suitable retail capability to re-launch the Abaana shop.
Pmjects
A number of projects and initiatives were completed across our various school sites in 2024-
Water harvesting facilities at Lweza and Coo-Rom schools were upgraded to improve the
availability of water,
A weeklong camp in December for Choir 1 and Choir 2 proved to be a huge success and is
somethlng that may be repeated in future years.
The school at Ayila was re-painted and necessary building repairs carried out.
The 2nd year of the Northern Schools Farming project had allowed communities to plant.
harrfest and mill local crops and provided meals for the children at 4 schools.
Zuri Girls project expanded its reach into 9 schools. extending health education and
practical training in making sanitary products available to 500 chlldren. This was the 3rd
year of the project.

Abaana Ministries
Trustees, report
For year ended 31 December 2024
Financial review
Income and expenditure
Income for the year increased to £1.550,508 (2023: £1,173.964). Total expenditure decreased
to £1,171,652 (2023: £1,176,462) and gr05s expenditure on Charitable Activities increased to
£1,092,527 (2023.. £1,077,779).
The amount of money spent on charitable activities
represented 93.2 % (2023- 91.6Q/o) of total expenditure.
Expenditure £1,171,652
Ralslng funds £79,125
Charitable actTr4ities'. £1,092.527
Expenditure on charitable activities includes governance costs of £5,560 (2023-. £7,920).
Overall, there was a net increase in funds of £378,856 for Ihe year (2023.. nel reduction in funds
of £2,498). All restricted funds held by Abaana are spent on charitable activities to benefit
children in Africa and where the funding is collected over more than one accounting year-,
individual funds will often show a surplus al the year end and the subsequent year show a
deficit. The net position for each specific fund across multiple accounting periods will be zero.
{i.e.. any deficit is met from accumulated fund balances).
Detailed day lo day management of the charity endeavours to keep the costs as low as possible
without compromising the output and quality of the activities.
Inveslment powers and policy
The Trustees, having regard to the liquidity requirements of the chafity have kept available funds
in an interest-bearing deposit account and seek to achieve a rale on deposit, which matches or
exceeds inflation as measured by the retail price index. Steps were also taken to maximise the
protection of funds as covered by the Financial Services Compensation Scheme (FSCS).
Reserves
The Board of Trustees reviews the reserves annually. There are Iwo categories of reserves:
restricted and unrestricted funds.
Restricted funds are funds subject to specific conditions imposed by donors. Al the end of the
year the total restricted funds were £871,954 (2023.. £602,529).
Unreslricted funds at year end were £709,590 (2023: £600,159). 11 is the policy of the Board to
ensure thal the Charily has sufficient funds to cope with unexpected events. In particular. il
aims to have an earmarked amount in designated funds to cover 6 months (2023: 6 months)
running costs. In 2024 thls 15 £150,000 (2023.. £130,000).
There is also a designated property fund of £97.800 (2023: £105,000) representing the net book
value of land and building (funds which are not readily available as cash), and a designated
infrastructure fund of £350.000 {2023'. £200,000) representing monies earmarked for premises
and software development.

Abaana Ministries
Trustees, report
For year ended 31 December 2024
In addition, the COVID-19 pandemic of 2020121 has underlined the need to be able to respond
to unprecedented crises and the Board believe the current level of unreslricted general funds is
both prudent and reasonable.
Plans for future periods
System Replacement
Board approval to replace the current CRMIFinance system was received in the last quarter of
2024. Engagement with potential implementation partners will commence with a view to
selecting a partner on the basis of "best fil" and cost. Such an implementation will present a
significant learning curve as we transition from the existing Omega system to a new system.
Placing Abaana's processes on a new Platform will provide reliability. best practice, efficiencies
and de-complex some of our current processes. This inveslment will future proof Abaana for the
next 10 years.
New Premises
2024 was yet another year of frustralion as we sought to navigate a path through the legalities
and complexities of achieving mutual agreement on the purchase of new premises. Re-locating
to Main Street, Bangor remains our preference, as it remains an excellent fit for both our Ofiice
and Retail requirements. However, we are actively looking at other potenllal sites located in the
North Down area.
Choir 4
Normally Abaana aim to have a choir touring every 2 years. Due to the additional staff demands
that are anticipated with the implementation of a replacement CRMIFinance system the decision
was made lo plan for the next choir in 2027. A choir arranged for 2026 would require significant
planning in 2025.
Africa Teams
In 2024 we had 1 team travelling out to Uganda. In 2025 we plan to have 6 Teams going out to
Uganda. commencing in April, through to August. Approximately 150 team members will travel
and be involved in the various Team financed building and painting projects.
Organisalional development
It is planned to review staffing levels in 2025 to ensure that staff levels approprialely match the
increasing level of activity within Abaana. Also, opportunities to increase fundraising levels and
improve engagement with new and current partners has been identified. along with a need lo
adequately resource the start of Choir 4 planning at the end of 2025.
Going Concern
The Trustees have a reasonable expectallon that the Organisation has adequate resources to
continue for the foreseeable future as a going concern.
Tru8t•es
The Trustees who served during the year and since the year end are listed on page 1.
Structure, Governance and Management
Governing Documenl
Abaana Ministries is a company limited by guarantee governed by its Memorandum and Articles
of Association dated 16 January 1998 and updated on 17 June 2015.
Appointment of Trustees
Abaana has a policy of developing its Board membership to ensure a wide range of professional
expertise. Where potential candidates for Board membership are identified, informal discussions
are held with the Chairperson, followed by attendance in an observer capacity at several Board
meetings. If appointment is subsequenlly recommended by the existing Trustees, the candidate
is formally invited to join the Board.

Abaana Ministries
Trustees, report
For year ended 31 December 2024
Trustee induction and training
Through membership of the Board, Trustees have oversight and develop their knowledge of all
of Abaana's key activities. Trustees also meet several times a year with Abaana staff. Training
for Truslees is sourced as required.
Organisation
The Board of Trustees is continuing to enhance its ways of working, to best fit the charity as il
continues to operate in a challenging economy. The overall range of key skills available to the
Charity through its Trustees will help to further develop the overall governance and management
of the charity.
Relationship with other charities
A separate company exists in Uganda - 'Abaana Ministries, Uganda,. This company. registered
in Uganda is governed by a Board of Directors. The Board is made up of local professionals.
Scotl Baxter (Abaana Ministries Northern Ireland CEO and Company Secretary) also sits on the
Board as an independent director. Abaana Ministries Uganda receives funding from Abaana
Ministries, Northern Ireland and carrles out the various project activities and expenditure in line
with formal grant agreements authorised by Abaana Ministries, Northern Ireland lo support its
charitable objeclives.
The Board of Directors and management of Abaana Ministries, Uganda continue to report on the
outcomes of supported projects regularly lo ensure grant funding is being properly spent in line
with the funding agreements and in accordance with our charitable objectives. The CEO aims to
Vls11 the Ugandan operations al least twice each year, lo review the physical projects which have
been funded by Northern Ireland, as well as meeting wilh the Board of Directors of Abaana
Uganda to monitor and review agreed local aclivily. In accordance wilh good governance
arrangements a new Memorandum of Understanding between Abaana Ministries UK and
Abaana Ministries Uganda was signed in 2021 which sets out the operation of the partnership
and the responsibililies of each in accordance with local legislative requirements.
Abaana Ministries also has a close working relationship with Fields of Life, a charily which
shares Abaana Ministries. passion for Africa
some of Abaana Ministries, earllest child
sponsorships continue to be administered by Fields of Life. The charity is also seeking to agree
a Memorandum of Underslanding with this partner organisalion although this work is still at the
preliminary stage.
Pay policy for senlor st8ff
The Board of Direclors, who are the Charity's Trustees, have overall oversight of the activities of
the charity. This includes responsibility for considering, and where relevant, approving slaff
terms and conditions of employment. Senior staff comprises the key managernenl personnel of
the charity in charge of directing and controlling, running and operating the charity on a day-tO-
day basis. All staff posts are based on NJC pay scales. All directors give of their time freèly and
no director received remuneration during the year.
Details of directors. expenses and related party transactions are disclosed In nole 9 to the
accounts.
Risk Management
The Board of Trustees has overall responsibility for Abaana Minislries, system of internal control.
Such a system can provide only reasonable and not absolute assurance against errors or fraud.
The key controls used by the charity include;
Formal agendas for Board meetings and Minutes taken..
Regular Board meetings:
Strategic planning, budgeting and management accounling.
Established organisational structure and lines of reporting.,

Abaana Ministries
Trustees, report
For year ended 31 December 2024
Formal written policies..
Clear authorisation and approval levels,.
Formal grant agreements.
Abaana maintains a detailed Risk Register, which outlines the key risks to the organisalion and
specific actions identified to mitigate those risks. The risk register is subject to annual review by
the Board of Trustees and more frequently, if required. Key risks identrfied (together with
mitigation measures) include-
Reputational damage due to project failure (full technicallfinancial assessments pre-project;
full posl-completion review)-
Loss of income due to economic climate (focus on key fundraising activities):
Interruption of activities (data backed up using Cloud technology- adequate insurance
provision,. building security):
Deathlserious injury of team member in Africa (risk assessments for teams- training of staff.
team leaderslmembers,. adequate insurance provision).
Public benefit reporting
The Trustees confirm that they have had due regard to the Charity Commission for Northern
Ireland's guidance on public benefit reporting on the Charity's benefits and achievements.
Trustees, responslbllltles In relatlon to the flnancial statements
The charily Trustees (who are also the directors of Abaana Ministries for the purposes of
company law) are responsible for preparing a Trustees, annual report and financial statements
in accordance with applicable law and United Kingdom Accounting Stan(lards (United Kingdom
Generally Accepted Accounting Practice).
Company and charity law requires the Trustees to prepare financial stalemenls for each
financial perlod which give a Irue and fair view of the stale of affairs of the charity and of ils
financial position at the end of that period. In preparing ihese financial slalements. the Trustees
are required to..
(l) select suitable accounting policies and apply them consistenlly;
(2) make judgments and estimates that are reasonable and prudent.,
(3) state whether applicable accounting standards have been followed subject lo any
departures disclosed and explained in the financial statements,. and
(4} prepare the financial statements on the going concern basis unless it is inappropriate lo
presume that the charity will continue in operation.
The Trustees have overall responslbility for ènsuring that the charity has an appropriate syst8m
of controls. financial and otherwise. They are also responsible for keeping proper accounting
records which disclose with reasonable accuracy at any lime the financial position of the charity
and to enable them to ensure that the financial statements comply with the Companies Act
2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

Abaana Ministries
Trustees, report
For year ended 31 08cember 2024
statement as to disclosure lo our audilors
In so far as the Trustees are aware at the time of approving our Trustees, Annual Report..
there is no relevanl information, being information needed by the auditor in connection wllh
preparing their report, ofwhich the organisation's auditor is unaware. and
the Trustees, having made enquiries of fellow directors and the organisation's auditor Ihat
they ought to have individually made, have each taken all steps that helshe is obliged lo
take as a direclof in order to make themselves aware of any relevant audit information and
to establish Ihat the auditor is aware of that information.
Audltors
Johnston Kennedy DFK Ltd have expressed their willingness to continue In offlce as auditors.
Approval
This report was approved by the Trustees and signed on their behalf.
Jonathan
Chairperson
Date. 0 1

Abaana Ministries
Independent auditors, report
To the members of Abaana Minlstries
For the year ended 31 Decémber 2024
Opinion
We have audited the financial statements of Christian Fellowship Church (the charity,) for the
year ended 31 December 2024 which comprise the slatement of financial activities, the balance
sheet, the statement of cash flows and the notes lo the financial statements, including a
summary of significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and Uniled Kingdom Accounting Slandards,
including Financlal Reporting Standard 102 The Financial Reporting Standard applicable in the
UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the accounts..
give a true and fair view of the slate of the charitable company's affairs as at 31 December
2024 and of its incoming resources and application of resources. including its income and
expenditure, for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice., and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audlt in accordance with Internatlonal Standards on Auditing (UK) (ISAS
(UK)) and applicable law. Our responsibilities under those standards are further described in the
Auditor's responsibilities for the audit of the accounts seclion of our report. We are independent
of the charity in accordance with the ethical requirements that are relevant to our audit of the
accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with Ihese requirements. We believe that the audit evldence we
have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons r•latlng to golng conc?rn
In auditing the financial statements, we have concluded that the directors, use of the going
concern basis of accounting in the preparation of the financial stalements is appropriale.
Based on the work we have performed, we have not identtfied any material uncertainties relaling
lo events or conditions that, individually or collectively, may cast significant doubt on the
charity's ability to continue as a going concern for a period of at least twelve months from when
the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are
described in the relevant sections of this report.
Other information
The directors are responsible for the other information. The other information comprises the
information included in the annual report, other than the financial statements and our auditor's
report thereon. Our opinion on the financial statements does not cover the other information
and, except to the extenl otherwise explicitly stated in our report. we do not express any form of
assurance conclusion thereon.
In connection with (￿r audit of the financial statements. our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistenl
with the financial statements or our knowledge obtained in the audit or otherwise appears to be
materially misstated. If we identify such material inconsistencies or apparent malerial
misslatements, we are required to determine whether there is a material misstalement in the
financial statements or a material misstatement of the other information. If, based on the work
we have performed. we conclude that there is a material misstatement of this other information,
we are required lo report Ihat fact.
We have nothing to report in this regard.
10

Abaana Ministries
Independent auditors, report
To the members of Abaana Ministries
For the year ended 31 December 2024
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the directors, report, which includes the strategic report prepared
for the purposes of company law, for the financial year for which the financial
statements are prepared is consistent with the financial statements-, and
• the directors, report included within the Strategic report has been prepared in accordance
with applicable legal requirements.
Matters on which we are requir•d to report by exception
In the light of the knowledge and understanding of Ihe company and its environment obtained in
the course of the audit, we have not identified material misstatements in the Strategic Report
and the Directors, Report.
We have nothing to report in respect of the following matters where the Companies Act 2006
requires us to report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have
not been received,. or
the financial statements are not in agreement with the accounting records and relurns., or
certain disclosures of directors, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audlt.
Responsibilities of Trustees
As explained more fully in the statement of directors, responsibilities, the directors, who are also
the trustees of the charity for the purpose of company law, are responsible for the preparation of
the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as Ihe directors determine is necessary to enable the preparation of financlal
statements that are free from material misstalement. whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the charity's
ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless the directors either intend to
liquldate the charitable company or to cease operations, or have no realistic alternative bul to do '
so.
Auditorfs responslbilities for the audlt of the flnanclal statements
Our objectives are lo obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whether due lo fraud or error. and to issue an
auditor's report Ihat includes our opinion. Reasonable assurance is a high level of assurance but
is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a
material misstatemenl when it exists. Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial statements.

Abaana Ministries
Independent auditors, report
To the members of Abaana Ministriès
For the year ended 31 Decembar 2024
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We
design procedures in line with our responsibilities, outlined above. to detect material
misstatements in respect of irregularities, including fraud. The extenl to which our procedures
are capable of detecting irregularities, including fraud is detailed below..
the nature of the industry and sector. control environment and performance.,
• results of our enquiries of management about their own identification and assessment of
the risks of irregularities,.
any matters we identified having obtained and reviewed the charitable company's
documentation of their policies and procedures relating to..
identifying. evaluating and complying with laws and regulations and whether they
were aware of any instances of non-compliance.
detecting and responding lo the risks of fraud and whether they have knowledge of
any actual, suspected or alleged fraud-
the internal controls established to mitigate risks of fraud or non-compliance with
laws and regulations.,
the matters discussed among the audit engagement team and relevant intemal specialists
where necessary regarding how and where fraud might occur in the financial statements
and any potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist
wilhin the organisation for fraud. In common with all audits under ISAS (UK), we are also
required lo perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory frameworks that the charitable
company operates in. focusing on provisions of those laws and regulations that had a direct
effect on the determination of material amounts and disclosures in the financial statements. The
key laws and regulations we considered in this context included Ihe Companies Acl 2006, Ihe
Charlties Act (Northern Ireland) 2008 and Taxation Legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct
effect on the financial statements but compliance with which may be fundamental to the
charitable company's ability to operate or lo avoid a material penalty.
As a result of performing the above our procedures to respond lo risks identified included the
following..
reviewing the financial statement disclosures and testing to supporting
documentation to assess compliance with provisions of relevant rav￿ and
regulations described as having a direct effect on the financial statements-,
enquiring of management concerning actual and potential litigation and claims
performing analytical procedures to identify any unusual or unexpected relationships
that may indicale risks of material misstatement due to fraud.,
reading minutes of meetings of those charged with governance and reviewing
correspondence with HMRC,. and
in addressing th8 risk of fraud through management override of controls, lesling the
appropriateness of journal entries and other adjustmenls,. assessing whether the
judgements made in making accounting estimales are indicative of a potential bias-
and evaluating the business rationale of any significant transactions that are
unusual or outside the normal course of business.
We also communicated relevant idenlified laws and regulations and potential fraud risks to all
engagement team members, including internal specialists, and remained alert to any indications
of fraud or non-compliance with laws and regulations throughout the audit.
A further description of our responsibililies is available on the Financial Reporting Council's
website al: https.'IlvMw.frc.org.uklauditorsresponsibilities. This description forms part of our
auditor's report.
12

Abaana Ministries
Independent auditors, report
To the members of Abaana Ministries
For the year ended 310ecember 2024
This report is made solely to the charity members. as a body, in accordan￿ with Chapler 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state
to the charity members those matters we are required to state to them in an auditor's report and
for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other Ihan the charity and the charity members as a body, for our audit
work, for this report, or for the opinions we have formed.
mes Gage (Senior Statutory Audltor)
for and on behalf of Johnston Kennedy DFK
Statutory Auditor
Chartered Accountants
Registered Auditors
10 Pllots Vlew
Heron Road
Belfast
BT3 9LE
Date:.....
z•Z
13

Abaana Ministries
Statement of financial activities
(incorporating an income and expenditure account)
for the year ended 31 December 2024
Unrestncled
Rtsslrlcled
Tot81 Unrestricted
Reslricled
Total
Funds
Funds
Funds
Funds
Funds
Funds
2024
2024
2024
2023
2023
2023
Note
Income..
Donallons and legack
497.232
1,005,595
1,5Q2,827
251.901
827,879
1.079.780
Income Irom other tr8ding activities..
Shop Ineknme
15.526
15,S26
17,248
17,248
Invéslment income
Other Income
32,155
32,155
22.987
22,987
53.949
53.949
Tolal Income
544,913
1,005,595
1.550.508
292.136
881.828
1.173.964
Ex￿ndItUf•.'
Costs of raigng funds
77,389
1,738
79,125
95.￿4
2,779
98,683
Expendllure on charitablè activltles
208.529
883,998
1.092,S27
164.568
913,211
1.077,779
Toeal expenditure
285.918
885,734
1,171,652
260,472
915,990
1.176,462
Net Income fexpendieure) for ehe
year before tronsfers
2S8.995
119,861
378,858
31.664
(34,1621
{2,4981
Tran$f•rs bolwe•n lund$
15
{149,564)
149.564
123.2231
23.223
N•t mov•m•nt In lunds
109.431
269,425
378,856
8.441
{10.9391
{2,4981
Reconclllatlon of funds
T.Olal funds brought lorward
600,159
602,529
1,202,688
591,718
613,468
1,205,186
Total fvnds G•rrl•d fornard
15
709,590
871,954
1,581,544
600,159
602,529
1,202,688
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure is derived from continuing activities
The notes on pages 17 to 24 form an integral part of these financial stalemenls.
14

Abaana Ministries
Balance sheet
at 31 December 2024
2024
2023
Notes
Fixed assets
Tangible assets
12
109,470
115,866
Current assets
Debtors
Invesiments and cash al bank and in hand
13
122,821
1,464,198
208,516
989,877
1,587,019 1.198,393
Creditors., amounts falling due within one year
Net current assets
14
(114,945) {111,571)
1,472,074 1,086,822
Total assels less current liabilities
1,581,544 1,202,688
Net assets
1,581,544
1,202,688
Th¢ funds ol the charlly."
Unrestricted funds
Restricted funds
15
15
709,590
871,954
600,159
602,529
Total charity funds
1,581,$44
1,202,688
These financial statement5 have been prepared in accordance with the special provisions of
Part 15 of the Companles Act 2006 relating lo small companles.
The notes on pages 17 to 24 form an integral parl of these financial statements.
The financial statements were approved by the Board and signed on its behalf..
Director
on behalfof the Tru
Company No.. Nl 33513
Date: 07
15

Abaana Ministries
Statement of cashflows
for the year ended 31 December 2024
2024
2023
Notes
Cash recelved In operating actlvltles
18
442,166
(77.055)
Cash flows from Investing activltles
Interest received
Payments to acquire tangible fixed assets
Net cash Ilow fmm investlng actlvltles
32.155
22.987
(16,000)
6,987
32,155
Net c•sh flow fmm Ilnanclng actlvltl•s
(Decrease) l increase in cash and cash equivalents in the year
474,321
(70,068)
Cash and cash equivalents at beginnlng of year
Cash •nd cash equlval•nts •¢ •nd of yaar
989,877 1,059,945
1,464.198
989.877
16

Abaana Ministries
Notes to the financial statements
For the year ended 31 December 2024
1. Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty
In the preparation of the financial statemenls are a5 follows:
(IJ Basls of A¢¢ountlng
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)). the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The charity meets the deflnition of a public benefit enlity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
slated in the relevant accounting policy nole(s).
{11) Pr•p•ration of the accounts on the golng conc•m basls
The trustees have assessed the reserNes and the post year end performance of Ihe charlty and
are content that it continues to be a going concern.
(111) Income
Ilems of income are recognised and included in the accounts when all of the following crileria are
met:
The charity has entitlement to the funds.,
Any performance conditions attached to the ilem{s) of income have been met or are fully
wlthin the control of the charity.,
There is sufficient certainty that receipt of the income is considered probable,. and
The amount can be measured reliably.
(Iv) Donated goods and seThices
Clothing and other Items donated for resale through the charity's shop or for distribution as part of
a charitable activity are recognised as income when the charity has control over the item, any
conditions associated with the donated item have been met, the receipt of economic benefit from
the use by the charity of the item is probable and that economic benefit can be measured reliably.
In accordance with Ihe Charities SORP (FRS 102). gen8ral volunteer time Is not recognised.
Refer to the Trustees, annual report for more information about their contribution.
(v) Int•rnst rncelvobl•
Inleresl on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity,. this is normally upon notification of the interest paid or payable by the bank.
(vl) Fund Accounting
Unrestricted funds are available for use at the discretion of the Truste8s in furtherance of the
objectives of the charity.
Designaled funds comprise unrestricted funds that have been set aside by the Trustees for
particular purposes.
General funds may be transferred to designated funds where Trustees wish to use these funds for
a specific purpose. Such funds may be transferred back to general funds once the criteria for the
designation have been met or are no longer applicable.
Restricled funds are subjected to restrictions on their expenditure Imposed by the donor or through
the terms of the appeal.
17

Abaana Ministries
Notes to the financial statements
For the year ended 31 December 2024
(vii) Expenditure and irrecoverable VA T
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a
third party. it is probable that settlement will be required and the amount of the obligation can be
measured reliably. Expenditure is classified under the following activity headings-
Costs of raising funds comprise the costs of operating the charity's shop, promolional and
event costs along with the associated support costs.,
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly
to such activilies and those costs of an indirect nature necessary to support them.
Irrecoverable VAT is Charged as a cost against the activity for which the expenditure was incurred.
(viii) Allocatlon of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities. Support costs include back-office costs, finance, personnel, payroll and
governance costs which support the charity's aclivilles. These costs have been allocated between
cost of raising funds and expenditure on charitable activities. The bases on which support costs
have been allocated are set out in note 8.
(Ix) Tanglblo Ilx•d assots and depreclaflon
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost or valuation of fixed assets, less their eslimaled residual value, over
their expected useful livès on the following basis:
Land and buildings
Equipment, furniture and fittings
Motor Vehicles
20/0 Straight line
250/0 Straight line
250/0 Straight line
The carrying values of tangible fixed assets are reviewed for impairment when events or changes
in circumstances indicate the carrying value may not be recoverable.
(x) Debtors
Other debtors are recognised at the settlement amount due. Prepayments are valued at the
amount prepaid after taking account of any discounts due.
(xl) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid inveslments with a short
maturity of three months or less from Ihe date of acquisition or opening of the deposit or similar
account.
(xii) Credltors
Creditors are recognised where the charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle Ihe
obligation can be measured or estimaled reliably.
(xlll) Financial instrum•nts
The charity only has financial liabilities of a kind that qualify as basic financial instrumenls. Basic
financial instruments are normally initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at the carrying value plus accrued interesl less repayments. The financing charge to
expenditure is at a constant rate calculated using the effective interest method.
(xlv) Penslons
The company enrols slaff into a defined contribution pension scheme (National Employment
Savings Trust)- Contributions are charged in the statement of financial activities as they become
payable in accordance with the rules of the scheme.
18

Abaana Ministries
Notes to the financial statements
For the year ended 31 December 2024
(xv) Taxatlon
The company is a registered charity and the charitable tax exemptions are therefore being claimed
to the extent that income andlor gains are applicable and applied to charitable purposes only.
These exemplions will remain in place as long as income and expenditure are applied to charitable
purposes only.
(xvl) Crltlcal accountlng estimates andludgements
In the application of the company's accounting policies. the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimales and associated assumptions are
base¢J on hislorical experience and other factors that are considered to be relevant. Actual results
may differ from these estimates.
The estimales and underlying assumptlons are reviewed on an ongoing basls. Revlsions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
The trustees consider that there are no material areas of judgement or estimalion uncertainty.
2. Status
The company has obtained charitable status with HMRC, reference number XR 23866 and is
limited by guarantee not having a share capital. The company is also registered wilh the Charity
Commission for Northern Ireland. reference number 102174.
3. Net income (expendlture) for the year
2024
2023
This is stated after charging..
Depreciation
Auditors, remuneration
6,396
3,360
2,734
3,432
and after crediting..
Interest re￿1vable
32,155
22.987
4. Income from donations and legacies
rolal
2024
Total
2023
Unr6slncted Restrlcted
Child sponsorship
Africa teams
Africa team projects
Choir
Groups and corporate funding
Donations and appeals
Other fundraising events
Other income
65,501
3,151
1,422
172,555
5,536
242,611
5,055
1.401
710,626
97,284
27,070
22,396
813
132,824
12,650
1,932
776,127
100,435
28.492
194.951
6,349
375,435
17,705
3,333
637.191
97,086
48,947
10.762
9.724
266.222
8.126
1.722
Total In￿Me from donations and legacies
497,232 1.005,595 1.502,827 1,079.780
Of the £1,079,780 received by the charity in 2023. £251,901 was unrestricted funds and £827,879
was restricted funds.
19

Abaana Ministries
Notes to the financial statements
For the year ended 31 December 2024
The charity benefits greatly from the involvement and enthusiastic support of its many volunteers,
details of which are given in our annual report. In accordance with FRS 102 and the Charities
SORP (FRS 102). the economic contribution of general volunteers is not measured in the
accounts.
5. Investment Income
All of the charity's investment income arises from money held in interest bearing deposit
accounls.
6. Costs of raising funds
Total
2024
Tot81
2023
Note Unrestrlc16d ReslriGled
Advertising and promotional material
Events
Other fundraising costs
Shop costs
Support costs allocated to shop
Support costs allocated to raising funds
3,012
1.010
4,022
5,005
1,815
22,030
10,565
39,967
102
1,917
22,030
10,862
40,294
2,540
18,923
9,895
62,320
297
327
Total costs of raising funds
Of the £98,683 paid by the charity in 2023, £95,904 was unrestricted funds and £2,779 was
restricted funds.
77,389
1,736
79.125
98,683
7. Analysls of expendlturo on charltable activities
Total
2024
Tolal
2023
Nole Unreslricted
R8slrict8d
Child sponsorship
Educational projects
Africa leams
Children at risk
Medical projects
Choir
Other projects
Support costs allocated to activlties
631,576
19,669
62.296
90,877
631,576
19,669
63,289
90,877
535,992
131,942
96,389
72.561
330
72,696
1,510
166,359
993
66,160
66,160
207,536
13,420
220,956
Total expenditure on charitable activities
208,529
883,998 1,092,527 1.077,779
Of the £1,077.779 paid by the charity in 2023. £164,568 was unrestricled funds and £913.211
was restricted funds.
8. Analy515 of governance and support costs
The charity initially identifies the costs of its support functions. It then identifies those costs which
relate to the governance function. Having identified its governance costs, the remaining support
costs together with the governance costs are apportioned be￿een the costs of raising funds and
charilable activities undertaken (see notes 6 and 7) in the year. Refer to the table below for the
basis for apportionment and the analysis of support and governance costs.
20

Abaana Ministries
Notes to the financial statements
For the year ended 31 December 2024
Rai&ng Charitable
Funds
AGliwties
Total
2024
Total
2023
Basis of
allocation
Shop
Premises costs
Staff lime
Staff costs
Staff cost
General offic8 costs Staff lime
Audit fees
Governance
Accountancy fees
Governance
Legal and other
professional lees
Total
311
4,250
6.301
343
33,009
6,942
1,742
178,392
35,262
4.432
1,080
2,396
215,651
48.505
4.432
1.080
2,007
183,319
45.328
3,432
4,320
GO￿rnanCe
48
48
168
10,862
40,294
220.956
272.112
238.574
9. Analysis of staff costs. Trustee remuneration and expenses, and the cost of
koy management personnel
2024
2023
Salary costs
Social security costs
Pension cosls
209,050
12,586
10,035
180,112
9.652
8.157
231,671
197.921
Pension costs are allocated to activities in proportion lo the related staffing costs incurred and are
wholly charged to unrestricted funds.
The charity Trustees were not paid or received any other benefits from employment with the
charily in the year12023'. £nil) neither were they reimbursed expenses during the year {2023'. £nil).
No charity Trustee received payment for professional or other services supplied lo the charity
(2023: £nil).
The key management personnel of the charity comprise the Trustees, the Chair, the CEO and the
Assistant Directors. The total employee benefits of the key management personnel of the charity
were £75.638 (2023: £74.037). No employee received emoluments exceeding £60,000.
10. Staff numbers
2024
Number
2023
Number
Average monthly number of full-time equivalents employed
by the company during the year..
11. Related party transactions
None of the Truste8s receive remuneration from the charity. A company of which one of the
Trustees is a Director received £16,218 <2023.. £9,677) for the supply of mailing and postage
services to Abaana during the year. No olher Trustee received any other benefit from their work
with the charity. Any connection between a Trustee or senior manager of the charity wilh
organisations the charity works with must be disclosed to the full Board of Trustees in the same
way as any other contractual relationship with a related party.
A separate company exists in Uganda - 'Abaana Ministrles, Uganda, This company, registered in
Uganda is governed by a Committee of Management consisting of local professionals. Scott
Baxter (Abaana Ministries Northern Ireland CEO and Company Secretary) also sits on the
Committee as the 'lnternational Director,.
21

Abaana Ministries
Notes to the financial statements
For the year ended 31 December 2024
Abaana Ministries Uganda receives funding from Abaana Ministries, Northern Ireland and carries
out the various projecls, activities and expenditure in line with formal agreements authorised by
Scott Baxter as the CEO of Abaana Ministries, Northern Ireland. Funding for projects is forwarded
to Abaana Uganda throughout the financial year. Total funding transferred to Abaana Ministries
Uganda was £744,000 (2023.. £855,000).
Abaana Ministries also has a close relationship wilh Fields of Life, a charity which shares Abaana
Ministries, passion for Africa
some of Abaana Ministries, earliest child sponsorships continue to
be administered by Fields of Lrfe. Payments to Fields of Life for these sponsorships amounted to
£2.904 (2023. £3,420)
12. Tangible fixed assets
Equipment
Land and Furniture and
Buildings
Fittings
Motor
Vehicles
Total
Cost
8alance at 1 January 2024
Additions
Disposals
Balance at 31 December 2024
120,000
16.205.
20.400
156,605
(4.400)
16.000
(4.400)
152,205
120,000
16,205
Accumulated Depreciation
Balance at 1 January 2024
Charge for the year
Disposals
Balance at 31 December 2024
19,800
2.400
16,205
4,734
3,996
(4,400}
4,330
40.739
6.396
(4,400)
42.735
22,200
16,205
Nel book value at 31 December 2024
97,800
11,670
109,470
Net book value ai 31 December 2023
100,200
15,666
115,866
The property at 78 High Street, Bangor, Co Down, BT20 SAZ. was most recently revalued on 22
May 2023 by Independent Property Estates, 98-100 High Street, Bangor, BT20 4AG al £99,950.
13. Debtors and prepayments
2024
2023
Gift aid receivable
Income receivable
Prepayments
76,552
924
45,345
130,917
29,672
47,927
122,821
208,516
14. Creditors: amounts falling due within one year
2024
2023
Other accruals
114,945
111.571
114,945
111,571
22

Abaana Ministries
Notes to the financial statements
For the year anded 31 Oecemb•r 2024
15. Analysis of charitable funds
Analysis of movements in unrestricted funds
Ba13nce at
31112r23
Incon?ing
Funds
Amounts
Expernled
Nèt Balance al
Transfers
31/72/24
General fund
Major donor
Choir 3 tour income
Shop
Partners
Cards
Anniversary fund
Designated funds
124.828
323,655 (263,324) (96,560)
13,500
170,167
15,526
21,037
973
55
88,599
13,500
9.257
434
(160,910)
6,435
(21,037)
{963)
{55)
123.526
1.057
(22,584)
(10)
474,274
597.800
600,159
544,913 (285,918) {149,564)
709,590
Nam• of unrestrlcted Fund Dejcrlptlon, nature and purpose? of fund
General fund
Other unrestricted funds
Designated fund
Free reserves after allowing for all designated funds
Funds available for use al the discretion of the Tru51ees
Funds earmarked by the Trustees for the following
specific purposes:
Balance at
31/12f23
InGoming
Funds
Amounls
Expernlgd
Net Balance at
Transfers
31/12r24
Desi
naled funds
Running costs {1)
Oesignated Africa
Development
Designated Choir 3
Designated Property
Designated Infrastructure
130.000
20,000
150.000
14.274
25,000
105,000
200,000
474,274
(14,274)
(25,000)
(7.200)
150,000
97,800
350,000
123,526
597.800
11) Rumlng costs.. Earmathed amount bthich covern approxwnalely 6 months runnlrvj ￿81512023.. 6 months)
Analysls of movements in restricted funds
Balance at
31/12r23
Incoming
Funds
Amounts
Expended
Nel Balance at
Transfers
31/12/24
Africa leam funds
Africa team projects
Child sponsorship
Choir funds
Health funds
School funds
Street children funds
Other funds
16,486
2,997
531,019
(47.998)
7,247
24,277
37.412
31,089
97,284
27,070
709,977
22,218
2,963
53,418
69.627
23,038
(52,252)
{10.044)
(632,688)
{77,920)
(2,794)
(7,023)
(75,328)
(27,685)
602,529 1,005,595 (885,734)
(1.089)
(75)
13,080
123.146
113
1,859
(2,236)
14,766
60,429
19,948
621,388
19,446
7.529
72,531
29,475
41,208
871,954
149.564
23

Abaana Ministries
Notes to the financial statements
For the year endod 31 December 2024
Restricted funds have been grouped in accordance with the expenditure category to which they
relate. All restricted funds are subjected to restrictions on their expenditure imposed by the donor
or through the terms of the appeal.
16. Income attributed to unrestricted funds.
Child S
onsorshi
Fund:
Abaana maintains a commitment to each donor that at least 950/0 of their child sponsorship
donation is used d1￿CtlY in Uganda for Child Sponsorship Activities. In cases when child
sponsorship donors contribute an additional volunlary amount towards the administration and
running costs of Abaana, these additional voluntary donations are recorded as unrestricted income
upon receipt. Where Gift Aid is applicable. it is attributed to UK Support
Africa teams..
Direct team payments are recorded within the appropriate restricted team fund. Preagreed team
support costs are recorded as unrestricted income.
For all th
r restri
t d funds:
In order to cover project monitoring and administrative support cosls, be￿een OYO and 100/0 of
receipts on all other restricted funds is recognised as unrestricted income on the date of receipt.
The following principles are applied when calculating the income altributed to unrestricted funds-
A rate of O-SYty is applied if project is undersubscribed.,
A rate of 5/0 is applied to large funding projects:
In all other cases a rale of 1 O0/c+ is applled as standard.
17. Summary of net assets by fund
Total
2024
Unrestricted Restricted
Fixed assets
Current assels
Creditors: arnounls falling due within one year
Net assets
109,470
109,470
605,946
981.073 1.587,019
(5,826) (109,119) (114,945}
709,590
871,954 1.581,544
18. Reconciliation of net cash movement in funds to net cash flow from operating
activities
2024
2023
Net (deficit) 1 surplus in funds
Depreciation charge
Interest income shown in investing activities
Decrease l {increase) in debtors
(Decrease) l increase in creditors
Net cash (expenditure on) I received from operating activities
378,856
{2,498)
6,396
2,734
{32,155) (22,987)
85,695
(63,915)
3,374
9,611
442,166
(77,055)
24