Federation of East African Freight Forwarders Associations (FEAFFA)
G. Financial Report
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2014
INCOME
Subscriptions
Grant income
Certificate of competence
Directory advertisement income
Training fees
Other income
Total income
EXPENDITURE
Audit fees - current
- under provision in prior year
Accommodation and subsistence
Bad debts written off
Bank charges
Border expenses
Communication
Directory expenses
Gratuity
Insurance
Meetings, seminars and workshop
Miscellaneous expenses
Office running
Printing and stationery
Provision for bad and doubtful debts
Rent and utilities
Repairs and maintenance
Staff medical
Strategic planning
Salaries and wages
Training coordinators fees
Traveling & transport
Exchange rate fluctuations
Total expenditure
(Deficit) / surplus for the year
ANNUAL REPORT 2014
2014
US$
2013
US$
2014
K Sh
2013
K Sh
5,000
214,345
59,433
49,679
3,744
3,065
----------335,266
-----------
5,000
422,632
11,154
103,281
150
----------542,217
-----------
453,000
19,419,618
5,384,630
4,500,961
339,197
277,718
--------------30,375,124
---------------
431,550
36,477,368
962,702
8,914,183
12,947
--------------46,798,749
---------------
1,750
849
6,936
3,719
1,560
11,306
4,972
33,704
11,937
415
2,096
1,160
12,705
452
8,730
154,334
82,662
12,085
----------351,371
--------