Financial Statement 2011

Financial Statement 2011

Kidlink Association
Established 2011/12/30


1. 2011 Balance

The exchange rate 31/12 2011 is 1 USD = 6.62 SEK.

Year 2011 started with a balance from 2010 of $409.38 USD (kr 2,710.10 SEK) in the Paypal account and of 10039.98 SEK on the banc Skandinaviska Enskilda Banken (SEB) account. Both accounts are owned by Kidlink Association. The treasurer access to the Paypal account and the chairman accesses the banc Skandinaviska Enskilda Banken (SEB) account and forward banc reports to the treasurer.

On Dec 31st 2011 the Paypal account balance reached $1,202.10 USD (kr 7,957.90 SEK) and the total SEB account kr 8,034.86 SEK. The total balance is thus 15,992.76 SEK. The 2011 global balance shows financial operations (expenses, incomes and internal transfers) for 19,119.56 SEK (figure 1).

30 SEK were spent in bank costs (Paypal and SEB fees and currency change losses). 2852.68 SEKwere spent for webhost ( and web domains (

The Swedish Tax authorities 2010 tax statement states that Kidlink Association has to pay 790 SEK taxes for 2010 but the payment is due in february 2012 and Stellan Kinberg will before that, talk with the Swedish Tax authorities as no profit organizations should not pay taxes.

2011 KA membership

In 2011, nineteen (19) people were registered as regular KA members. Members having paid their dues in 2011 for either 2011 or 2012 are, in alphabetical order: Theresa Allen, G.Ernest Anderson Jr, Pia Avolio de Martino, Oscar Becerra, Eyglo Bjornsdottir, Guzman Braso (Lelly), Knut Bråtane, Silvia Camperi, David Donat Balcells, Odd de Presno, Odd de Presno, Beverlyn Ferris, Joyce Fisher, Joyce Fisher, Bent Karkov, JAYSHREE MISRA, Mara Negrini, Fabiola Rivolta, Graziella Seveso, ESPERANZA SEPULVEDA, Andrea Francesco Simonetti, Terry Smith, Bonnie Thurber, Anne-Tove Vestfossen, Patricia Weeg, Daniel Wheeler, Hanne Wolff, Jing Zhang. Please note, two (2) members paid dues for 2011 and 2012 in 2011.
The five (5) Kidlink members already registered in 2012 as regular KA members for 2012 are, in alphabetical order: 周 中正, Pia Avolio de Martino, Odd de Presno, David Donat Balcells, Joyce Fisher, and Bonnie Thurber.

2. 2012 Planned balance

In economic terms, the balance on Dec 31st 2011 is sufficient for Kidlink to run the server in 2012.

The planned balance is assuming a few more members in 2012. The 2012 Linode bill is paid monthly and bank costs set at a « high » level. This plan shows a positive balance at the end of 2012.

Bonnie Thurber

KA Board member and treasurer



Fig 1.

Kidlink Association - Balance 2011

Fig 2.

Kidlink Association - Income Statement 2011

(2) The Net Income should be 3,242.68 and not 3,242.69 as it is shown in the image above. Below is the revised Income Statement.