Consolidated Accounts

Kamitei believes in full financial transparency and its audited financial accounts are publicly available.

Consolidated Income Statement (unaudited)

Consolidated (EUR’000) 2018 2019 2020 2021 2022
Income    179.000    226.000    114.000    195.000    298.000
Primary school support       56.446       20.516       10.342       16.500       38.633
Eagle Scholarships       45.763       56.055       44.474       47.000       52.087
Community Scholarships       18.908       10.034                    –          8.000       13.550
Food programme       25.000       36.400       25.000       25.000       48.211
Construction projects                    –       12.160                    –       67.000          9.727
Miscl. costs                    –                    –                    –                    –                    –
General expenses (incl. fundraising) 4.668 4.250 2.164 4.500 5.466
Total expenditure    150.785    139.415      81.980    168.000    167.674
Core surplus / deficit      28.215      86.585      32.020      27.000    130.326