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CONTEMPORARY ART - THE FOUNDATION - FINANCIAL INFORMATION

Financial information 2014



BALANCE SHEET 2014



OTHERS YEARS
2022
2021
2020
2019
2018
2017
2016
2015
NON-CURRENT ASSETS

Intangible assets 368.343
Fixed assets 21.895.488
Real estate investments 40.506.907
Investments in group entities 4.622.055
Long-term investments 3.613.927



CURRENT ASSETS

Inventory 98.464
Receivables 166.091
Investments in group companies 12.255.644
Accruals 134.162
Cash 1.247.472


TOTAL ASSETS 2014: 84.908.558



NET EQUITY

2014

Endowment fund 83.633.273
Surplus for the year 167.127
Grants and donations received -


NON-CURRENT LIABILITIES

Long-term debt 329.245


CURRENT LIABILITIES

Payables 394.814
Creditors 325.670
Accruals 58.427


TOTAL LIABILITIES 2014: 84.908.558




PROFIT AND LOSS ACCOUNT 2014

REVENUE

Revenue from foundation activity 57.828
Donations and grants received 5.241
Revenue derived from assets 2.564.847
Financial income 492.989


TOTAL REVENUE: 3.120.906



EXPENDITURE

Expenditure on art activities 1.292.576
Expenditure on health activities 66.386
Awards and other grants given 56.780
Expenditure on structure 1.538.037


TOTAL EXPENDITURE: 2.953.779




SURPLUS FOR THE YEAR: 167.127





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