Profit and loss account – TULISA Foundation

	2009	2010
Donations	5.920,00 €	28.576,81 €
Financial income		698,78 €
Total income	5.920,00 €	29.275,59 €
Costs for projects / patients	0,00 €*	22.805,00 €
Administrative costs	438,86 €	1.537,15 €
Total expenses	438,86 €	24.342,15 €
Result	5.481,14 €	4.933,44 €
For information: Donations of the board members
(included in above stated donations)**	1.600,00 €	8.320,00 €

Remarks

* In the founding year 2009 there were no patient or project related costs since we were preparing the projects only, but could not yet implement.

** Under costs for projects/patients only those costs are summarized which are directly related to patients diagnostic/treatment. All administrative costs incurred by the Foundation are listed in full under administrative costs.

We try to keep the administrative costs as low as possible. At the same time we decided to cover these costs, as long as it is possible from our own pockets, so that donations of all donors can be used to 100% for the intended purpose. Therefore, we have listed the amount of donations by members of the board. So far we have achieved compliance with our goal. We are confident that we attain this in the coming years as well.