The North / South Language Body Annual Report & Accounts 2009

8. GRANTSForas na Gaeilge makes offers of grant assistance which, if accepted, remain valid as commitments of theorganization. Such offers are decommitted when the offer period has expired or the circumstances alter.The total net grant liability authorised in respect of Foras na Gaeilge in 2009 was €5,905,774/STG£5,261,454(2008: €10,609,037 / STG£8,447,976).2009 2009 2008 2008€ STG£ € STG£Grant Commitments at 1 January 10,576,497 9,930,608 15,390,477 11,408,961Adjustment to GrantCommitments at 1 January (6,698) (6,380) - -Grant Approvals in the Year 6,129,727 5,460,974 11,638,470 9,267,714Grants Decommitted in the Year (223,953) (199,520) (1,029,433) (819,738)Grant Expenditure (12,749,514) (11,358,542) (14,544,592) (11,581,859)Grant Commitments as at 31December 3,726,059 3,827,140 11,454,922 8,275,078Currency translation adjustment(Note 1.6) 183,605 (354,968) (878,425) 1,799,036Grant Commitments at 31December 2009 as restated 3,909,664 3,472,172 10,576,497 10,074,114• Grant expenditure includes an amount of €6,530 which represents grant funding in respect of 2009 whichwas not paid until 2010.• Grants were appoved for the core-funded organizations for the year 2010 after 31 December 2009. Thisexplains the decrease in grant approval between 2008 and 2009.• The currency translation adjustment reflects the amount of the change of the value of grants committedwhich is attributable to the change in exchange rates over the year.9. FIXED ASSETSOffice FurnitureOfficeMotorTotalEquipment Vehicles€ € € €COSTAt 1 January 2009 723,290 1,444,315 77,882 2,245,487Additions 1,319 24,349 - 25,668Disposals - (8,848) - (8,848)At 31 December 2009 724,609 1,459,816 77,882 2,262,307ACCUMULATED DEPRECIATIONAt 1 January 2009 632,672 1,352,768 51,869 2,037,309Charge for the year 29,069 57,898 13,006 99,973Disposals - (8,848) (8,848)At 31 December 2009 661,741 1,401,818 64,875 2,128,43423