As in previous years, Solidaridad Europe held the largest share of contracted income, but financial contributions from other regional expertise centres (REC) are growing each year. These indicators confirm the effectiveness of Solidaridad's innovative model of continental contracting, supported by a continental governance system.
The total amount that Solidaridad Network invested in 2016 was €43.4 million, slightly below the budget for the year which was set at €45 million.
In alignment with the governance structure of Solidaridad Network, consolidated financial statements are not prepared. The audited financial statements of each regional expertise centre can be found on the respective annual report pages for those centres.
The figures below present the aggregated income figures of all entities within Solidaridad Network. Aggregated means that income sent and received from regional centres has been removed. These figures provide an overview of the total budget of all Solidaridad entities together.
Solidaridad Network Income Statement 2016
|Income||2016 Actual||2016 Budget||2017 Budget|
|Solidaridad South America||4,969||3,681||1,786|
|Solidaridad Central America||14||22||32|
|Solidaridad West Africa||4,594||3,592||2,070|
|Solidaridad Southern Africa||4,132||1,945||845|
|Solidaridad East & Central Africa||2,772||1,806||1,786|
|Solidaridad South & South-East Asia||7,620||5,813||4,762|
|Solidaridad North America||322||73||5,131|
|Estimated income in pipeline||0||12,399||14,922|
Solidaridad budgets only contracted income and reports on income that has been utilized as actual.