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FINANCIAL RESULTS
by IMVF
FUNDS RECEIVED
BY ORIGIN
9%
91%
European Union
Portuguese Government
HUMAN RESOURCES ALLOCATED BY COUNTRY
ORIGIN
Angola Cape Verde Colombia The Gambia Guinea-Bissau Portugal / Headquarters São Tomé and Príncipe
TOTAL Nº
3 8 28 28 154 21 121
363*
* From which 288 are local staff, 36 are expatriates and 39 are healthcare missions and technical assistance
EXPENDITURE
BY AREA OF INTERVENTION
14%
1,3% 1,5% 1,7% 1,2% 0,3%
47%
14%
19%
Health
Rural Development and Food Security Civil Society Migration, Post-conflict and Humanitarian Action Global Citizenship Education
Environment and Sustainability Municipalities and Local Authorities Strategic and Development Studies
ASSETS*
ASSETS 2020 2019
Fixed Assets
1 172 077 1 552 298 Accounts receivable 1 807 305 1 642 086 Government and other public entities 22 103 8 214 Co-financing 13 920 600 14 775 075 Cash and Bank deposits 7 078 725 10 498 718 Accruals 33 246 33 909
TOTAL ASSETS 24 034 055 28 510 300
EQUITY FUND
Funds Profits
2020 2019
5 268 553 5 268 553 1 211 460 1 195 191
TOTAL FUNDS 6 480 013 6 463 744
RESULTS
EXPENSES 2020 2019
External services and supplies 146 353 192 774 Expenses with staff 940 938 967 014 Depreciation 57 835 55 228 Closing of projects 7 467 010 5 802 183 Other expenses 35 153 24 841 Taxes 8 443 20 370
TOTAL EXPENSES 8 655 732 7 062 410
REVENUES 2020 2019
Provision of services 176 019 243 877 Operating subsidies (funds) 8 323 079 6 510 774 Other revenues 172 904 228 121
TOTAL REVENUES 8 672 002 6 982 772
PASSIVE 2020 2019
Accounts payable 27 848 59 854 Government and other public entities 39 719 46 126 Provisions for risk/charges 41 794 53 121 Other liabilities 476 578 274 290 Deferrals 23 064 24 714 Deferred subsidies 16 945 039 21 588 453
TOTAL LIABILITY 17 554 042 22 046 556
TOTAL FUNDS AND LIABILITY 24 034 055 28 510 300 NET RESULTS
* Statements restructured as compared to the model of accounting, to allow easier reading by non-financiers.
16 270 -79 638
All projects implemented by the IMVF are subject to independent audits, the opinions and results of which are reported to the respective donors. Please see our complete Annual Report and Accounts 2020 at www.imvf.org
