Management Board & CEO's Report
To Donors, Potential Donors, Members of the Advisory and Supervisory Board and Active YKIP Members.
In 2005 YKIP received donations of Rp. 400,371,904 (approximately. US $42,000) in unrestricted and Rp. 4,048,537,818 (approximately US $426,000) in restricted donations. This was an increase of 65% and 257% respectively over 2004. The Annika Linden Foundation was again our biggest donor contributing Rp. 2, 628,675,354 or 65% of the restricted donations. The increase in donations is due to the growing reputation of YKIP as well as a response to the Bali bombings in October 2005.
As a consequence of these donations we were able to increase our spending to Rp. 1,771,458,049 (approximately US $186,000) up from Rp. 997,446,561 (approximately US $105,000) or by 77% from 2004. The discrepancy between donations and expenses is because almost all our projects are multi year commitments with the donation being used, for example, to fund a child's education for several years. In fact unrestricted reserves stand at only Rp. 195,223,637 (US $20,000) at the year end. It is the Board's policy to keep an operating reserve so as to ensure YKIP can deliver on its commitments.
General and Administrative expenses were Rp. 108,356,242 (approximately US $11,000) representing 2% of donations and 6% of spending. It is a tribute to our permanent staff and volunteers that we were able to hold expenses so low.
Our projects are fully described in a separate and detailed report however in summary they were as follows.
YKIP Projects
- YKIP - YKIDS Scholarship for orphans of the Bali Bombs (currently 60 children).
- Kembali Back to School Programs - currently 353 children.
- KEMBALI NORTH Back to School Program - 831 children received textbooks and supplies.
- Children's Hearing Project - forty children given hearing aids and maintenance.
- MREC; Medical library and resource center at Udayana University.
- North Bali Women's Health Care : two midwifery clinics renovated and free services provided to women in Pemuteran, Singaraja.
- Wana Seraya Aged Care Home: YKIP is administrator for Tropical Homes' funding of food and medical services.
- Fundraising Workshop for local NGOs: funded by AusAid ACCESS/BRF and managed by YKIP.
- Training Courses for YKIP clients: funded by AusAid ACCESS/BRF and managed by YKIP.
ALF Projects Administrated in Indonesia by YKIP
- YAKEBA: HIV/AIDS and Narcotics Awareness in the Schools.
- YAKKUM: Orthopaedic and Prosthesis workshop and outreach for Physically challenged in Bali.
- YRS: Reproductive Health Services for Women at Badung Market.
- Bali Bomb Victim Support 2005: Emergency Relief and Trauma Counselling for 2005 bomb victims.
- East Bali Poverty Project: various health and education projects
We would like to thank every one who has contributed to the work YKIP has undertaken during the year including our Auditors Public Accounting Firm Drs. Paul Hadiwinata, Hidajat and Associates which is part of the international PKF association, who have again provided this audit pro-bono.
On behalf of the Board of Management and the CEO.
Kuta, April 28, 2006.
David W. Magson
Chair of YKIP Management Board
Independent Auditors' Report
No. All18 b/TNT /YS/06
The Board of Advisory, Management and Supervisor
Yayasan Kemanusiaan Ibu Pertiwi
We have audited the accompanying statements of financial position of Yayasan Kemanusiaan Ibu Pertiwi (the "Foundation") as of 31 December 2005 and 2004, and the related statements of activities, and cash flows for the years then ended. These financial statements are the responsibility of the management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards established by the Indonesian Institute of Accountants. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statements presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Yayasan Kemanusiaan Ibu Pertiwi as of 31 December 2005 and 2004, and the results of its activities and its cash flows for the years then ended in conformity with generally accepted accounting principles in Indonesia.
Drs. Theo Kusnawara
License of Public Accountant No.02.1.0795
8 February 2006
NOTICE TO READERS
The accompanying financial statements are not intended to present the financial position, the results of activities and cash flows in accordance with accounting principles and practices generally accepted in countries and jurisdictions other than those in Indonesia. The standards, procedures and practices to audit such financial statements are those generally accepted and applied in Indonesia.
