|Date||11th of March 2017|
Frënn vun der Ënn a.s.b.l.
Treasurer: KAHR Patrick
|Bank Account (currents)||7502.73 EUR||4221.50 EUR|
|Bank Account (savings)*||2694.87 EUR||2692.71 EUR|
|Paypal||0.00 EUR||59.90 EUR|
|Cash||0.00 EUR||0.00 EUR|
|Bitcoin||0.1599 BTC||0.0061 BTC|
* Please note that money on the savings account is NOT owned by FVDE but by some of its members. This deposit is required by our bank to back our VISA credit card.
Revenues: 3 804.53 EUR
Expenses: -7 025.86 EUR
Total: -3 221.33 EUR
In comparison to last year we received less donations. (Note that the high amount last year was due to a very generous but non-recurring single donation.) The amount of collected membership fees is also lower than last year.
On the other side, we spend more money on infrastructure. This is a consequence of some necessary hardware upgrades.
The overall result is negative. In order to continue our projects we have to find new funding opportunities and gain a stable number of members.
BTW: We are loosing money (-2.16 EUR) on our savings account due to the low interest rate!