Annual Report 2016 | Page 15

AMCHAM FINANCIAL STATEMENTS Income and Expense Statement for the year ended 31 December 2016 Unaudited report Membership fees 2016 2015 in MKD in MKD 6.977.278 7.359.221 Event sponsorship income - Income from grants/Subsidies Event ticket sales Interest income 8.130 77.506 Total income generated in the year 6.985.408 7.450.727 Transferred prior year excess of income 1.775.963 1.857.399 Total income 8.761.371 9.308.126 Personnel expenses -3.150.437 -3.203.672 Professional services -457.284 -464.556 Travel expenses -222.596 -221.907 Publication and promotional materials -330.651 -314.112 Services -423.120 -357.545 Office supplies -192.719 -602.110 Rent and utilities -771.672 -808.765 Communications -176.389 -123.698 Event expenses -875.142 -914.341 -9.000 -21.791 - -459.102 -38.008 -34.776 Total expenses 6.647.018 -7.526.375 Surplus income over expenses 2.114.353 1.781.751 -7.763 -5.788 2.106.590 1.775.963 Donations transferred Expenses related to grant Other Income tax Surplus income after tax 14 | 14.000 AMERICAN CHAMBER OF COMMERCE IN MACEDONIA □ 2016 ANNUAL REPORT