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Glossary


Example from Zimbabwe

Income Statement for the Year ended 30th June, 1989

The Zimbabwe National Family Planning Council (ZNFPC) is a parastatal institution responsible for coordinating family planning services. The ZNFPC income statement below was included in the report of the auditors. This report also contains: details of expenditures by line item and by program; a balance sheet; a contraceptive trading account, which reports on the purchase and sale of contraceptive supplies; a statement of source and application of funds; and details of donor funds received and spent for designated activities.

Income19891988
Grants Receivable -- Ministry of HealthZ$9,000,000Z$10,400,000
Donations4,910,7514,377,141
Interest1,037,013575,238
Medical consultation fees40,47235,319
Surplus on disposal of fixed assets3,86335,837
Sundry revenue103,39151,583
Total IncomeZ$15,095,490Z$15,475,118
Deficit Of Contraceptives Supplied
Contraceptive trading account
3,583,2801,029,812
Net Income11,512,21014,445,306
Expenditures10,011,6048,504,406
Surplus for the year
Transferred to General Fund
Z$1,500,606Z$5,940,900

Glossary
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