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Participants	476,444
US$	17,921,750
Nets	4,227,214

Financial information

Behind the scenes

Non-net costs

Financial information

Annual accounts - What we file
Easier-to-understand accounts - Simpler

Annual accounts

We file annual accounts in a number of countries. Our financial year runs from 1st July to 30th June, i.e. FY 2012 is 1st July 2011 to 30th June 2012.

UK (Global consolidated) accounts - audited

FY 2012

FY 2011

FY 2010

FY 2009

FY 2008

FY 2007

Our accounts are also available from:
The Charity Commission

US Accounts

FY 2012

FY 2011

FY 2010

FY 2009

FY 2008

FY 2007

FY 2006

Our accounts are also available from:
GuideStar

We will be adding shortly filed accounts from other countries (Australia, Canada, Ireland and Japan).

Easier-to-understand accounts

We show below our audited annual accounts with additional detail added and laid out in a way we believe is clearer than formal accounts.

AMF Global Consolidated Accounts (Audited)

GBP / USD

	FY 2012*		FY 2011	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006	All years
1. All donations from the public buy nets

All public donations	£2,487,109	100.00%	£1,093,800	£930,884	£765,000	£515,100	£200,055	£695,201	£6,687,149

Credit card fees (incl VAT) ⁽¹⁾	£-15,532	-0.62%	£-4,171	£-3,553	£-5,402	£-7,936	£-3,744	£-11,415	£-51,754
Interest ⁽²⁾	£1,332	0.05%	£190	£203	£4,810	£10,795	£26,187	£8,688	£52,205
Gift Aid ⁽³⁾	£42,446	1.71%	£22,982	£41,740	£32,683	£3,951	£7,958	£35,855	£187,614
Foreign exchange gain/loss ⁽⁴⁾	£15,838	0.64%	£-30,869	£37,336	£82,657	£9,662	£-45,890	£-10,079	£58,655
Additional revenue	£44,084	1.77%	£-11,868	£75,726	£114,748	£16,472	£-15,490	£23,049	£246,720

Sub-total	£2,531,193	0.00%	£1,081,931	£1,006,610	£879,748	£531,572	£184,565	£718,250	£6,933,869

Cost deductions ⁽⁵⁾	£0	0.00%	£0	£0	£0	£0	£0	£0	£0

Sub-total available to purchase nets	£2,531,193	101.77%	£1,081,931	£1,006,610	£879,748	£531,572	£184,565	£718,250	£6,933,869

Balance from prior year to purchase nets	£988,171	0.00%	£203,431	£586,616	£403,719	£341,231	£648,842	£0	£0

Total available to purchase nets	£3,519,364	0.00%	£1,285,362	£1,593,226	£1,283,467	£872,803	£833,407	£718,250	£6,933,869

# of nets purchased	272,160	0.00%	108,992	506,336	266,725	214,570	214,250	28,000	1,611,033

Cost of nets purchased	£-719,083	0.00%	£-297,191	£-1,389,795	£-696,851	£-469,084	£-492,176	£-69,408	£-4,133,588

Balance in-hand to purchase nets ⁽⁶⁾	£2,800,281	0.00%	£988,171	£203,431	£586,616	£403,719	£341,231	£648,842	£2,800,281
2. All administrative costs are covered by a small group of private donors

Private donor funds brought forward from prior year ⁽⁷⁾	£290,025	0.00%	£193,453	£85,043	£45,678	£13,274	£3,479	£11,673	£11,673
Private donor funds received this year ⁽⁸⁾	£0	0.00%	£190,564	£192,271	£134,271	£187,494	£67,436	£111,525	£883,561
Interest ⁽⁹⁾	£1,800	0.00%	£1,633	£917	£343	£1,063	£494	£308	£6,558
Funds available for administrative costs	£291,825	0.00%	£385,650	£278,231	£180,292	£201,831	£71,409	£123,506	£901,792

Salaries (including taxes, pension costs)	£-76,097	0.00%	£-93,828	£-88,190	£-89,246	£-152,672	£-57,760	£-56,997	£-614,790
Other costs	£-356	0.00%	£-1,797	£3,412	£-6,003	£-3,481	£-375	£-63,030	£-71,630
Donated services (attributed value, non-cash cost) ⁽¹⁰⁾	£-56,768	0.00%	£-71,837	£-132,300	£-124,463	£-198,610	£-214,807	£-537,709	£-1,336,494
Donated support (attributed value, non-cash cost)	£56,768	0.00%	£71,837	£132,300	£124,463	£198,610	£214,807	£537,709	£1,336,494

Cost of administering charity ⁽¹¹⁾	£-76,453	0.00%	£-95,625	£-84,778	£-95,249	£-156,153	£-58,135	£-120,027	£-686,420

Balance in-hand to cover administrative costs	£215,372	0.00%	£290,025	£193,453	£85,043	£45,678	£13,274	£3,479	£215,372
3. Consolidated revenues and costs and balances in-hand

Revenue received	£2,532,993	0.00%	£1,274,128	£1,199,798	£1,014,362	£720,129	£252,495	£830,083	£7,823,988
Administrative costs	£-76,453	-3.02%	£-95,625	£-84,778	£-95,249	£-156,153	£-58,135	£-120,027	£-686,420
Purchase of LLINs	£-719,083	0.00%	£-297,191	£-1,389,795	£-696,851	£-469,084	£-492,176	£-69,408	£-4,133,588
Net income for the year	£1,737,457	0.00%	£881,312	£-274,775	£222,262	£94,892	£-297,816	£640,648	£3,003,980

Balance from prior year	£1,278,196	0.00%	£396,884	£671,659	£449,397	£354,505	£652,321	£11,673	£11,673

Total funds carried forward...	£3,015,653	0.00%	£1,278,196	£396,884	£671,659	£449,397	£354,505	£652,321	£3,015,653
...of which
Balance in-hand to purchase nets	£2,800,281	0.00%	£988,171	£203,431	£586,616	£403,719	£341,231	£648,842	£2,800,281
Balance in-hand to cover administrative costs	£215,372	0.00%	£290,025	£193,453	£85,043	£45,678	£13,274	£3,479	£215,372
4. Ratios

% of public donation spent on nets ⁽¹²⁾	101.77%								103.69%
Administrative costs as a % of revenue received	3.02%
Years of admin. costs in-hand (at current FY spend)	2.8

Notes:

⁽¹⁾ Unfortunately fees on credit card donations are unavoidable. Credit card is the preferred mechanism for donations of less than $5,000. More information.
⁽²⁾ Bank interest on net funds. 100% of bank interest buys nets.
⁽³⁾ Gift Aid is paid to the charity by the UK government on qualifying donations from UK taxpayers and is 25% of the qualifying donation. 100% of Gift Aid buys nets.
⁽⁴⁾ This is an accounting entry and is caused by changes in exchange rate during the year. AMF does not 'play the currency market': all funds are converted to US$ within a few days of being received. US$ is the currency in which all nets are purchased.
⁽⁵⁾ No further costs are subtracted from this amount which is then all available to buy nets.
⁽⁶⁾ Given this is the balance in-hand for nets on 30th June specifically, this figure may rise for short periods while distributions are being finalised and before invoices are received.

⁽⁷⁾ A small group of private donors provide funds specifically to cover administrative costs. These funds are placed in a separate bank account to that used for net purchases.
⁽⁸⁾ In 2012 no funds were sought from private donors given the level of funds in hand and the current level of administrative costs.
⁽⁹⁾ Interest on funds for administrative costs is left in this administrative costs account.
⁽¹⁰⁾ Donated (pro bono) services are attributed a value. These are non-cash costs so are an accounting entry only. We are very grateful for the sustained support of many organisations and individuals. More information.
⁽¹¹⁾ This is the full administrative cost of running AMF globally.
⁽¹²⁾ For every $100 donated by the public, this percentage can be used to determine the $ value of nets we can buy.

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