Hello,
find below the full text of a new blog entry by me. If you have
questions or want to comment, please group reply to this mail.
Shalom-Salam,
Werner
<https://gnupg.org/blog/20160421-financial-results-2015.html>
1 Financial Results for 2015
Having prepared the annual accounts for g10^code GmbH, the legal
entity employing some of the GnuPG hackers, I can now share a
financial report. Please read on if you are interested in how well
the donation campaign last year worked and how we spend your money.
1.1 Balance Sheet as of 2015-12-31
──
Let us start by looking at the balance sheet, which describes our
financial status. The following table shows the actual [balance
sheet] with a few accounts pooled up. Note that for display purposes
all values have been rounded to a full Euro, and thus there are minor
mismatches in the Sums.
Asset (2014) Liability (2014)
Tangible assets 3880(791)
Stock of goods 0(122)
Cash balance 360(469)
Bank balance KSD 207453 (34522)
PayPal and others balance3842(711)
Accounts receivable 4774 (0)
Accounts receivable other 497 (18408)
Common capital stock25000 (25000)
Loss carried forward0 (23019)
Profit carried forward 11338 (0)
Net profit 115350 (34357)
Shareholder loans 0 (1)
Accounts payable0 (3510)
Accounts payable other 27974 (0)
GnuPG development fund 72 (72)
Provision for taxes 41070 (5103)
Sums 220804 (78042) (220804) (78042)
The /Bank balance KSD/ is the money that we had at the end of the year
in our accounts at the local savings bank. The /PayPal/ row gives the
amount of money in the PayPal account and in a Gandi prepaid account.
/Accounts receivable/ are mostly outstanding demands from the Linux
Foundation for work done in December.
From the /Common capital stock/ of 25000 Euro 50% are held by Walter
Koch and 50% by Werner Koch, the owners of g10^code. The /Net profit/
gained in 2014 was back then used to make up for the /Loss carried
forward/ in 2014 and the remaining 11000 Euro are set as /Profit
carried forward/ to 2015.
The major part of the /Accounts payable other/ is due to my profit
sharing bonus. The /GnuPG development fund/ is the rest of a campaign
which collected prize money for the GnuPG logo.
[balance sheet] file:data/g10code-bilanz-2015-pub.pdf
1.2 Profit and Loss from 2015-01-01 to 2015-12-31
─
Now let us see how much money we earned and how we spent it. The
following table shows the actual [profit and loss sheet] with a few
accounts pooled up. As above, the values have again been rounded to
the nearest Euro.
Debit (2014) Credit (2014)
Revenues57251 (80435)
Revenues from donations283538 (0)
Revenues other218(163)
Salaries 108719 (31800)
Social insurance 18060 (0)
Contractors33165 (0)
Write-offs 1532 (1656)
Connectivity and hosting2012 (2874)
Rents 2681 (2653)
Interest expenses550 (0)
Travel expenses 3499 (1014)
Other expenses 5169 (6244)
Donations 5100 (1)
Taxes 45171 (0)
Net profit115350 (34357)
Sums 341007 (80597) 341007 (80597)
The /Revenues/ are mainly
