1

AFA FINANCIAL REPORTAudited 2014 (In US$)

Asian Farmers Association (AFA)

32nd Execom MeetingAugust 2-6, 2015 Yangon, Myanmar

2

Statement of Receipts and Disbursements Audited 2014

Beginning Fund Balance, Jan. 1, 2014 US$ 1,069,580

Receipts Grants 625,154 Donations and Other Receipts 82,879 Membership and Annual Dues 2,500 Others (Interest income & Forex loss) (3,658) Total Receipts 706,875Total Funds Available 1,776,455Disbursements Project & Admin. Expenses 1,254,497

Total Disbursements 1,254,497

Ending Fund Balance, December 31, 2014 US$ 521,958

3

GRANTSAudited 2014

AGRITERRA

MTCP2 ILC CSA GAFSPCU GFAR WRF-IFAD -

50,000

100,000

150,000

200,000

250,000

204,134 (33%) 176,624 (28%)

105,980 (17%)

85,213 (14%)

31,274 (5%) 15,865 (3%) 6,064 (1%)

In US $

4

PROJECT EXPENSESAudited 2014

MTCP2 AGRITERRA CSA ILC GAFSP WRF-IFAD Others -

100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 841,329 (70%)

208,721 (17%)

64,107 (5%) 43,574 (4%) 25,562 (2%)

22,214 (2%) 3,266

In US$

5

GRANTS VS. EXPENSESAudited 2014

AGRITERRA

MTCP2 ILC CSA

GAFSP

GFAR

WRF-I

FAD

Others

-

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

GrantsExpenses

6

MEMBERSHIP FEES & ANNUAL DUES: January to December 2014 (In US$)Member Membership Fees Annual Dues

1 CTCF 200 100

2 AFFM 200 100

3 NAMAC 200 100

4 PAKISAMA 100

5 AINOKAI 100

6 KAFF 100

7 VNFU 100

8 FNN 100

9 TDFA 100

10 TWADA 100

11 KKM 100

12 FWN 100

13 NLRF 200

14 WAFF 100

15 API 100

16 UWUA 200 100

Total 800 1,700

7

Breakdown of Expenses according to ProgramAudited 2014

777,928 176,365

37,536

216,944

In US$

Advocacy (64%)

Enterprise Dev't. (15%)

Knowledge & Mgt. (3%)

Governance (18%)

8

Allocation of Advocacy ProgramAudited 2014

617,259

105,036 33,374

12,000 7,050 3,209

In US$

MTCP2 (78%)AGRITERRA (14%)ILC (5%)WRF (2%)GAFSP (1%)OTHERS

9

Allocation of Enterprise Dev’t. ProgramAudited 2014

128,316

46,477

1,540 32

In US$

MTCP2 (73%)CSA (26%)ILC (1%)FFF

10

Allocation of Knowledge & Management ProgramAudited 2014

9,753

7,738 6,311

6,300

6,292 1,142

In US$

MTCP2 (26%)CSA (20%)GAFSP (17%)WRF (17%)ILC (17%)AGRITERRA (3%)

11

Allocation of Governance ProgramAudited 2014

102,543

86,001

12,2

01 9,892

3,914 2,368 15 10

In US$

AGRITERRA (47%)MTCP2 (39%)GAFSP (6%)CSA (5%)WRF (2%)ILC (1%)GFAR OTHERS

12

Distribution of MTCP2 Expenses to Implementing Agencies

Audited 2014

348,188

30,760 28,148 45,251 41,899

25,208 23,019

36,259 42,216

123,999

126,473

In US$

RIA/SRIA- AFA (39%)SRIA-LVC (4%)SEA-Cambodia (3%)SEA-China (5%)SEA-Indonesia (5%)SEA-Laos (3%)SEA-Myanmar (3%)SEA-Philippines (4%)SEA-Vietnam (5%)SRIA-Pacific (14%)SRIA-South Asia (15%)

13

Releases to MembersAudited 2014

25,028

23,305

18,425 17,250

15,325

13,377

13,142 7,650

5,490 430 411

In US$

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