9. FIXED ASSETS

Note *: In the Eurasia Support Centre, due to the territorial dispute between Ukraine and Russia over Crimea, and the laws that were put in place by the Russian and Ukrainian governments have rendered the Krasnokamenka Scout Centre (Centre) inoperable with no foreseeable economic benefit since 2014. This is further impacted by the Russian Presidential Decree No. 201’s amendment to the List of Border Territories on 20 March 2020 that authorizes the government to force alienation of the land plot through either public tender or buy-out at a cadastral price by the Russian government. As of 30 September 2022, the Centre has been fully depreciated with “zero” net book value, and as such, no impairment is necessary.

10. FINANCIAL ASSETS

Financial assets include mainly the European Investment Fund (EIF) funds managed by the European Scout Foundation on behalf of the Europe Support Centre for USD 2,694,469 (2020-2021: USD 3,552,231) and funds from the Interamerica Support Centre managed by the Inter American Scout Foundation for USD 1,380,114 (2020-2021: USD 1,648,473).

11. AMOUNTS PAYABLE TO RELATED PARTIES

12. OWN FUNDS BY SUPPORT CENTRE

The EIF is managed by the European Scout Foundation. The Interamerica Fund is managed by the Interamerican Scout Foundation.