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Financial Reviews

CENTER FOR THE STUDY OF DEMOCRACY

BALANCE SHEET
31 DECEMBER 1997

 Note
1997
USD
1996
USD
ASSETS   
Current assets   
Cash at bank and in hand3626,982424,034
Deferred expenses 140,00145,941
Receivables414,72629,970


 781,709499,945
Non-current assets   
Fixed assets596,790128,261
Investments6882882


 97,672129,143

Total assets
 879,381629,088

LIABILITIES AND FUND BALANCES
   
Current liabilities   
Accounts payable 77,0706,775
Deferred revenue7123,07672,528
  
Total liabilities 200,14679,303


Unrestricted fund balances
 679,235549,785

Total liabilities and fund balances
 879,381629,088

The accompanying notes are an integral part of these financial statements.

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