KICI Foundation Financial report 2011

Since 1975 the KICI Foundation has put strong effort to help people who need this, back in their strength. These successful efforts have been and are achieved in The Netherlands as well as abroad. The KICI foundation can only continue these efforts if their core activity, collection of worn clothes and textiles, can be sustained. The collection of worn clothes and textiles is the main financial income for the KICI Foundation. In this process the KICI Foundation is directing, leading, managing and controlling contractors to execute this process. Therefore The KICI Foundation is not physically in touch with these worn clothes and textiles.

To obtain sufficient yield from these activities, a responsible and efficient cost policy and management is demanded. The bases of which the KICI Foundation started off in 2011 with these policies in mind, were build on carefully considered and solid foundations. The results of these policies, measured over the whole of 2011, you can obtain from the following annual financial report.

• Click here for the Balance sheet per December 31st 2011
• Click here for the Profit and Loss statement of 2011
• Click here for the Notes to the attribution of costs and cash flow summary
• Click here for the Explanation of the result on the sale of used goods
• Click here for the General Remarks
• Click here for the Notes to the Balance Sheet
• Click here for the Notes to the profit and loss statement
• Click here for the Budget 2012 and Multi Year Plan 2013 - 2015
• Click here for the Independent auditor’s report