Annual report Helpcode Italia - EN

FINANCIAL STATEMENT 2021
Debts are evaluated at their nominal value and are made
up thus:
Description 31/12/2021
I - Payables to suppliers 133,767
II- Payables to projects 5,823
III- Other payables 0
Payables to tax authorities 52,002
Payables to pension and social security
institution
9,482
Payables to staf 48,279
Other Payables -
Total payables 249,353
Debts to suppliers refers to expenses for goods and
services purchase for the operative structure.
Debts to projects underway is a debt that we have visà-vis
one of our partners in a project.
Debts /tax office are made up of IRPEF withholding on
wages from December 2021 for full-time employees
and project workers (co.pro) and freelance workers,
from additional regional withholding from December
2021 for full-time employees and project workers (co.
pro), IRAP taxes for fiscal year 2021.
Debts toward Insurance, safety and welfare institutions
are represented by the debts vs. INPS, debts to
bilateral agencies and EST fund, and debts for executive
funds.
E) ACCRUALS AND DEFERRALS
Balance as of 31/12/2021 € 0
Balance as of 31/12/2020 € 0
Variantions € 0
The line item represented up to the year 2020, prior to
the reform, the revenues from institutional projects that
would have taken place in subsequent years. With the
introduction of the new accounting principle, they were
reclassified as provided for at item II – 3 of Liabilities
“Restricted reserves for third parties.”
ANNUAL REPORT 2021 81