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CONTEMPORARY ART - THE FOUNDATION - FINANCIAL INFORMATION

Financial information 2015



BALANCE SHEET 2015



OTHERS YEARS
2023
2022
2021
2020
2019
2018
2017
2016
2014
NON-CURRENT ASSETS

Intangible assets 352.397
Fixed assets 24.446.503
Real estate investments 39.368.346
Investments in group entities 4.497.042
Long-term investments 5.367.545



CURRENT ASSETS

Inventory 112.883
Receivables 515.170
Short-term investments 7.435.819
Accruals 161.217
Cash 2.158.551


TOTAL ASSETS 2015: 84.415.473



NET EQUITY

2015

Endowment fund 83.942.273
Reserves 90.464
Results of previous years -417.381
Result for the year -


NON-CURRENT LIABILITIES

Long-term debt 390.090


CURRENT LIABILITIES

Payables 41.517
Accruals 368.510


TOTAL LIABILITIES 2015: 84.415.473




PROFIT AND LOSS ACCOUNT 2015

REVENUE

Revenue from foundation activity 61.219
Donations and grants received -
Revenue derived from assets 2.870.001
Financial income 298.680


TOTAL INGRESSOS: 3.229.900



EXPENDITURE

Expenditure on art activities 2.143.095
Expenditure on health activities 54.211
Awards and other grants given 19.657
Expenditure on structure 1.430.318


TOTAL EXPENDITURE: 3.647.281




SURPLUS FOR THE YEAR: -417.381





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