Breakdown of Expenditure
ASEF's annual audit has not been completed at the time of printing. The financial figures reported under Financial Information are unaudited figures. ASEF's audited financial statements are published separately at a later date.
Receipts have been converted to SGD at transaction date rates
*Unaudited figures as at 19 March 2015
| ASEM Member | Year 2014 SGD |
Operating Fund SGD |
Project Fund (incl Trust Fund) SGD |
Reserve Fund SGD |
Total Contributions Year 1997-2014 SGD |
|
| 1 | Australia | 55,470 | 253,954 | – | – | 253,954 |
| 2 | Austria | 81,369 | 1,952,139 | – | – | 1,952,139 |
| 3 | Bangladesh | 18,968 | 18,968 | – | – | 18,968 |
| 4 | Belgium | 56,731 | 1,096,066 | 87,282 | 1,406,678 | 2,590,026 |
| 5 | Brunei Darussalam | 75,149 | 2,204,082 | – | – | 2,204,082 |
| 6 | Bulgaria | 38,026 | 271,398 | – | – | 271,399 |
| 7 | Cambodia | – | 101,917 | – | – | 101,917 |
| 8 | China | 651,160 | 5,906,137 | 667,992 | – | 6,574,128 |
| 9 | Croatia | – | – | – | – | – |
| 10 | Cyprus | 3,496 | 116,573 | – | – | 116,573 |
| 11 | Czech Republic | 29,208 | 616,453 | – | – | 616,453 |
| 12 | Denmark | 197,017 | 3,796,729 | – | – | 3,796,729 |
| 13 | Estonia | 16,153 | 167,681 | – | – | 167,681 |
| 14 | Finland | 103,798 | 3,689,979 | – | – | 3,689,980 |
| 15 | France | 304,053 | 1,152,502 | 5,191,347 | 1,014,400 | 7,358,249 |
| 16 | Germany | 367,259 | 7,377,282 | – | – | 7,377,282 |
| 17 | Greece | – | 377,871 | – | 25,530 | 403,401 |
| 18 | Hungary | 76,555 | 581,549 | – | – | 581,549 |
| 19 | India | 150,088 | 1,168,153 | – | – | 1,168,153 |
| 20 | Indonesia | 64,055 | 1,428,774 | – | – | 1,428,774 |
| 21 | Ireland | 113,146 | 2,320,009 | – | – | 2,320,009 |
| 22 | Italy | 43,470 | 2,170,848 | – | – | 2,170,848 |
| 23 | Japan | 731,913 | 3,816,550 | 8,599,041 | – | 12,415,591 |
| 24 | Kazakhstan | – | – | – | – | – |
| 25 | Korea | 261,220 | 3,889,374 | 345,900 | 1,342,038 | 5,577,312 |
| 26 | Lao PDR | 6,370 | 70,330 | – | – | 70,330 |
| 27 | Latvia | 37,241 | 286,738 | – | – | 286,737 |
| 28 | Lithuania | 16,277 | 182,170 | – | – | 182,170 |
| 29 | Luxembourg | 169,090 | 5,104,166 | – | 1,053,854 | 6,158,021 |
| 30 | Malaysia | 74,774 | 821,373 | – | 565,911 | 1,387,284 |
| 31 | Malta | 10,824 | 36,812 | – | – | 36,812 |
| 32 | Mongolia | 9,143 | 17,847 | – | – | 17,847 |
| 33 | Myanmar | 23,547 | 251,921 | – | – | 251,921 |
| 34 | Netherlands | 118,412 | 3,088,396 | – | – | 3,088,396 |
| 35 | New Zealand | 100,000 | 499,965 | – | – | 499,965 |
| 36 | Norway | 243,997 | 421,808 | 37,497 | – | 459,305 |
| 37 | Pakistan | 31,312 | 269,237 | – | – | 269,238 |
| 38 | The Philippines | 78,054 | 993,076 | – | – | 993,076 |
| 39 | Poland | 83,832 | 931,569 | – | – | 931,569 |
| 40 | Portugal | – | 582,792 | – | 877,313 | 1,460,105 |
| 41 | Romania | 32,367 | 266,655 | – | – | 266,655 |
| 42 | Russian Federation | 196,638 | 383,079 | – | – | 383,079 |
| 43 | Singapore | 252,290 | 3,878,997 | – | 3,429,300 | 7,308,297 |
| 44 | Slovakia | 17,223 | 94,789 | – | – | 94,789 |
| 45 | Slovenia | 16,153 | 261,375 | – | – | 261,374 |
| 46 | Spain | – | 2,795,986 | – | – | 2,795,987 |
| 47 | Sweden | 191,474 | 2,635,836 | – | – | 2,635,836 |
| 48 | Switzerland | 179,250 | 357,120 | – | – | 357,120 |
| 49 | Thailand | 98,107 | 728,173 | – | 1,398,114 | 2,126,288 |
| 50 | United Kingdom | 103,755 | 951,104 | 1,051,495 | – | 2,002,599 |
| 51 | Viet Nam | 30,148 | 598,303 | – | – | 598,303 |
| 52 | European Union | 538,332 | 1,846,343 | 16,025,560 | 1,853,400 | 19,725,304 |
| 53 | ASEAN Secretariat | – | – | – | – | – |
| Total SGD | 6,096,912 | 72,830,948 | 32,006,114 | 12,966,539 | 117,803,599 |
| The contributions received from ASEM members are placed under the following funds in accordance with the declarations made by the contributors: | |
| a. Operating Fund | Contributions received are utilised for the operating requirements of ASEF. |
| b. Project Fund | Contributions received are utilised for the funding of projects. In the case of trust funds, contributions received are ear-marked for specific projects, the utilisation of which requires prior approval from the contributing member. |
| c. Reserve Fund | Contributions received are invested, with income generated being used to finance activities of ASEF if necessary. |
| The Asia-Europe Foundation would like to acknowledge the ASEM partners which have seconded staff to the Foundation in the year 2014, namely China, France, Germany, and Singapore. | |
| The contributions received from ASEM members are placed under the following funds in accordance with the declarations made by the contributors: | |
| a. Operating Fund |
Contributions received are utilised for the operating requirements of ASEF. |
| b. Project Fund |
Contributions received are utilised for the funding of projects. In the case of trust funds, contributions received are ear-marked for specific projects, the utilisation of which requires prior approval from the contributing member. |
| c. Reserve Fund |
Contributions received are invested, with income generated being used to finance activities of ASEF if necessary. |
| The Asia-Europe Foundation would like to acknowledge the ASEM partners which have seconded staff to the Foundation in the year 2014, namely China, France, Germany, and Singapore. | |
