| As at 31 December 2003
|
In BGN
|
2003
|
2002
|
|
Balance at 1 January 2003
|
2,935,585
|
2,976,278
|
|
Total (Surplus) of revenue over expenditure for the year
|
(129,549)
|
(40,693)
|
|
Balance at 31 December 2003
|
2,806,036
|
2,935,585
|
The financial statements of the Center for the Study of Democracy are to be read in conjunction
with the notes to them and form an integral part of these statements set out on pages 5 to 19. |