Financials

Income BOOKBRIDGE Foundation

In 2014, we raised EUR 185t for our Social Busines Fund to invest in our learning centers in Asia. From 2014, BOOKBRIDGE FOUNDATION invests soft loans into learning centers only. All staff costs in Asia are covered by services which our Country Organizations deliver in the Capability Program to BOOKBRIDGE GmbH. Remaining administrative expenses are covered by dividends paid by BOOKBRIDGE GmbH.
The financial statements for 2015 are provisional.

in EUR
H1 – 2015
2014
2013
2012
Donations
11,083
57,790
58,219
36,805
Grants
0
185,104
26,577
86,286
Soft loans
0
0
40,000
22,792
Sum
11,083
242,894
124,796
123,091



Expenses BOOKBRIDGE Foundation

in EUR
H1 – 2015
2014
2013
2012
Staff costs in Asia
0
0
19,342
5,000
Learning centers in Mongolia
0
36,665
32,085
23,777
Learning centers in Cambodia
0
60,344
66,738
30,933
Country support from Europe
504
5,097
24,863
1,615
Book Champion Program
894
892
3,864
5,357
Administration
1,386
3,861
5,441
5,776
Marketing, PR & Fundraising
347
1,697
3,878
4,419
Other costs
478
1,371
451
0
Sum
3,608
109,927
156,763
71,877




Income BOOKBRIDGE GmbH

In 2014, BOOKBRIDGE GmbH reported a profit of EUR 7,980 in the first time of its history. The positive trend continued in 2015 with EUR 576,000 in program bookings acquired by June 30, 2015. The previous losses of the GmbH up to 31.12.2014 amount to 300,754 EUR and are covered by loans from seven investors, among them KfW Mittelstandsbank.

in EUR
H1 – 2015
2014
2013
Total Bookings*
576,000
389,000
169,855
Sales
217,189
212,043
137,355
Other income
0
0
0
Sum
217,189
212,043
137,355
*Bookings vs Sales: Bookings describe the total value of contracts signed by clients for participation in the Capability Program. Sales describe bookings distributed by financial year in which the service was delievered.
The financial statements for 2015 are provisional.



Expenses BOOKBRIDGE GmbH

in EUR
H1 – 2015
2014
2013
Staff costs in Europe
57,835
92,835
84,922
Program costs
113,546
67,562
41,158
Office
3,644
8,039
7,215
Other costs
5,414
19,270
23,840
Sales
9,040
16,357
13,383
Sum
189,206
204,063
188,547