Financial Information

For fiscal year 2007-2008 (1 April 2007-31 March 2008) IFRTD continued to enjoy the support of two core donors: the Swedish International Development Cooperation Agency and the Swiss Agency for Development and Cooperation. Early 2008, IFRTD signed a new 4-year agreement with SDC for annual core funds for 2008-2011 totaling 1.2 million CHF.  Unfortunately the support of the British Department for International Development through gTKP ended in 2007 with a last installment for IFRTD’s work as rural transport theme champion.

Additional project support was given for Mobility and Health from both SDC and Sida. Sida provided the last big installment for this 3-year initiative that will allow us to complete and disseminate the work.

Short term contracts were carried out in collaboration with TRL to help develop guidelines on community participation in transport projects for the World Bank Transport Anchor, while a three-year collaboration with the University of Durham on Children and Mobility resulted in a total income of £813,810.

Below follows a summarised Income and Expenditure Statement and Sources of Income for this period. For a full audited account report please contact ifrtd@ifrtd.org     

International Forum for Rural Transport and Development: Statement of Income and Expenditure for fiscal year 1 April 2007-31 March 2008.[*]

Income
Core Donors (SDC, Sida)	520,825
Other Core Income and Interest Earned	10,146
Project Income	251,739
Consultancy (TRL, gTKP theme work)	31,100
Total income	813,810
EXPENDITURE
IFRTD Staff/ Consultants/ Subcontractors costs	302,679
IFRTD Executive Committee Meeting	31,456
NFG Activities/ Workshops/Seminars	73,274
Information Dissemination (including Forum News etc.)	36,408
Office Facilities and Support	36,442
PAC Programme support and other services	35,188
Legal fees/bank charges	2,476
Total Expenditures	517,921
(Deficit)/surplus of income over expenditure	(295,889)

* Figures are taken from the Certified Audit Report. More information is available on request.

** Consultancy includes TRL and gTKP Theme champion work

Financial information for 2006
Financial information for 2007