Page 23 - SAA Annual report 2018 English

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SAA 2017 ($US) 2018 ($US)
Approved Budget
Total Ordinary Income Overview Total Ordinary Expense
Total Net Assets
Cash balance at the end of the year
$9,451,045 $10,079,610 $7,608,918 $3,110,674 $5,123,020
$10,282,406 $10,678,785 $9,748,670 $4,151,085 $4,398,153
Details of Income
NF Grant
NuME (Ethiopia) AGRA (Ethiopia) MARKET II (Nigeria) NIRSAL (Nigeria) AGRA (Nigeria)
K+S (Uganda)
VODP (Uganda)
aBi Trust (Uganda) Other Grants
Other Income Contribution Received
$4,656,903 $182,649 $24,409 $119,204 $29,240 $0 $473,194 $101,389 $16 $176,975 $88,430 $4,227,202
$7,640,721 $217,203 $402,522 $0 $150,048 $788,930 $114,558 $176,409 $154,546 $207,841 $405,805 $420,198
NF Core Project
Operating Expenses
Management Expenses
NuME Project
NuME (Ethiopia)
MARKET II Project
MARKET II (Nigeria)
Details
of AGRA Project
Expense
$3,832,045
$5,428,234
$2,488,651
$2,999,256
$188,149
$211,585
$161,166
$48,157
AGRA (Nigeria)
K+S Project
K+S (Uganda)
VODP Project
VODP (Uganda)
Others (Ethiopia/Mali/Uganda/Nigeria)
$48,199
$334,243
$320,982
$165,716
$133,677
$148,881
$436,049
$412,598
(From left) Yuji Mori, Executive Director (ED) at The Nippon Foundation, Yohei Sasakawa, Fumiko Iseki, Nicéphore Soglo, former President of Benin, and Yoshimasa Kanayama
Malian National Director of Agriculture, Mr Oumar Maiga, conductsa eld visit to a SG 2000 site
A Model Adoption Plot (MAP) for rice, managed by the Alheri Fadama farmers’ cooperative association in Kano State, Nigeria
Notes:
1. Figures of each item provided in 2018 are based on the English translation of the Financial Report of Sasakawa A rca Association (The 4th Term) audited by PricewaterhouseCoopers Arata LLC on March 20, 2018, and prepared on an accrual basis as per the Japanese accounting standard for public incorporated foundations.
2. The budget and expenses of Sasakawa Agricultural Funds for Extension Education (SAFE) are included into the above gures from 2018 onwards in line with SAFE’s integration into SAA as of January 1, 2018.
A member of the Dafani rice farmer groups preparing a MAP for rice with a power tiller in the Kano State of Nigeria
SAA Annual Report 2018
Financial report