I agree in the right measure. Planed income was 5M$ bigger than planed
expenses. Thats fine.
But actual income were 3M$ higher than planned. And actual expenses were
2,3M$ lower than planned yielding in more than twice savings than planed.
And it makes even more difficult to me to understand why we have 0,5M$
expenses in bank fees, 0,4M$ in capital expenditures and not a single cent
in financial incomes.
Message: 10
Date: Mon, 7 Mar 2011 18:48:34 +0000
From: David Gerard <dgerard(a)gmail.com>
Subject: Re: [Foundation-l] Remarks on Wikimedia's fundraiser
To: Wikimedia Foundation Mailing List
<foundation-l(a)lists.wikimedia.org>
Message-ID:
<AANLkTincRb1Nk-GzB1sDX4JLMGFDoLF9mr4O3Qt-6r6c(a)mail.gmail.com>
Content-Type: text/plain; charset=UTF-8
On 7 March 2011 18:19, Joan Goma <jrgoma(a)gmail.com> wrote:
Perhaps there is something I don't
understand. It seems strange to me
that
having 24M$ of current assets we don't have
any financial income but
0,5M$
bank fees.
AIUI, it was long a goal for the foundation *not* to be living hand to
mouth, but to start keeping an actual reserve to hand.