Annual report Helpcode Italia - EN

FINANCIAL STATEMENT 2021
31/12/2021 31/12/2020
LIABILITIES 3.374.923 4,251,648
A) EQUITY 2.694.920 3.885.377
I - Capital Reserve 12,491 12,491
1) Capital Reserve 12,491 12,491
II - Restricted Funds 2,649,024 358,862
1) Statutories reserve - -
2) Restricted Funds for the
organization’s mission
358,862 358,862
3) Restricted Funds tied by third parties 2,290,162 3,496,619
III - Retained profit 16,000 15,424
1) Retained Profit 16,000 15,424
IV - Retained profit previous years 17,405 1,981
1) Retained profit previous years 17,405 1,981
B) PROVISIONS FOR WARRANTIES 349,210 148,000
1) Funds for future projects cofinancement 176,710 148,000
2) Credit-risk funds - -
3) Marketing expenses funds 125,000 -
4) PSEA risck fund 7,500
5) Pension fund and similar obligations 40,000
C) PROVISIONS FOR PENSIONS 81,439 74,926
1) Prevision for pension 81,439 74,926
D) LIABILITIES 249,353 123,415
I - Trade payables 133,767 48,804
1) Trade paybles 133,767 48,804
II - Liabilities towards projects 5,823 5,823
1) Liabilities towards on-going projects 5,823 5,823
III - Others Liabilities 109,763 68,788
1) Tax Liabilities 52,002 35,702
2) Social insurance
and security payments
9,482 13,933
3) Payables to employees 48,279 19,152
4) Payables to project partners - -
5) Others Liabilities - -
E) ACCRUALS AND DEFERRED INCOME - 3,516,549
I - Accruals income - 19,930
1) Accruals income s/t - 19,930
2) Accruals income a l/t - -
II - Deferred income - -
1) Deferred income s/t - -
2) Deferred income l/t - -
ANNUAL REPORT 2021 73