Page 24 - Memora anual Fundación CIEN 2015

The breakdown of total revenues in 2015 and 2014 With regards to expenditure, a proportion similar to
were as follows: the year 2014 expenditure has maintained during
2015. The significant reduction in the item "Monetary
The management entrustment for the following two aid and others" is the result of the termination of the
projects has terminated during 2014: "Strengthening entrustment management agreement of the two
the health system and prevention in the fight against projects listed above (Amhara-Eth and CRCE).
infectious diseases in the Amhara-Ethiopia region"
(Project Amhara-Eth) and "Reference center for All other items of expenditure experience less noti-
control of endemic diseases of Equatorial Guinea ceable decreases as a result of general efforts to re-
"(CRCE, for its acronym in Spanish). This fact is reflec- duce costs, in line with the budgetary reality marked
ted in a decrease in the revenue amount for 2015. by the financial crisis. The departure of staff increa-
ses due to the payment of part of the bonus for De-
The item "Cash grants and subsidies" corresponds to cember 2012.
the balance arising from the audit of the II call for re-
search projects in Alzheimer's disease and related di- 2.3. Management of Human Resources
seases and the subprogram INNPACTO (2012 call).
The Department of Human Resources at CIEN Foun-
In addition, the Foundation has received additional dation manages the scientific and technical staff
income from the provision of services as a result of that cooperates in conducting the various research
various activities: projects, both those granted by public as private or-
ganizations. CIEN Foundation encourages personal

CIEN Foundation revenues during 2015

ISCIII anual grant 2015 2014
ISCIII grants remaining from previous years
Management entrustments 825.000,00 € 50.000,00 €
ISCIII capital subsidies charge to income 89.068,99 € 1.028.109,01 €
Reimbursement of grants and subsidies 0,00 €
Public project grants 65.365,39 € 733.278,65 €
Donations and legacies assigned to projects 45.074,96 € 69.059,16 €
Others donations and legacies 828,61 €
Sales and other income from commercial activity 423.582,70 €
Financial income 377.567,78 € 417.818,22 €
637.018,49 € 311.844,42 €
110.379,36 € 441.132,26 €
104.587,59 €
1.219,24 €
2.574.276,91 € 6.728,54 €
3.163.386,46 €

CIEN Foundation Annual Report 2015 / 24