Financial Statement from 1st July – 30th September 09:

-Exchange Rate: 14,000 so.sh = $ 1.

-Local staff salaries are rounded-up to the nearest dollar.

1-Money Received or Income: US DOLLARS ($).

a-Direct investment from Zainab. 4,000.00

b-Direct investment from Zainab. 10,000.00

c-Camel sales ($900 still unpaid) 2,950.00

d-Grass/feed sales. 425.00

f-Milk sales ($60 unpaid) 495.00

g-Received from mum 500.00

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Total Income = 18,370.00
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2-Money Paid or Costs:

a-Travel Costs from LON-Nairobi/Har/Bur 3,000.00

-Return ticket: Lon-Nai-Lon
-Visas, taxis etc
-Hotel/food/local: (26 days in Nai+Har)
-Local taxis/telephone/internet/printing etc.
-Others.

b-Direct Revision Expenses: 1,560.00

-Initial costs $ 1,445 (Refer to earlier statement)
-Later costs: $ 115
c-Staff Salaries: 3,786.00
-Program Manager : $ 3,000.00
-3 Camel herders : $ 450.00
-Farm/field supervisor: $ 174.00
-2 Farm labourers : $ 174.00 (*)

(*) Assuming two farm workers were present in July as well. If

not, we need deduct $58 from above item.

d-Food costs. 399.00

e-Transfer/paid to mum. 1,000.00

-Mum requested this and not sure how she spend it.
-Will clarify ASAP.

f-Debt incurred by 2 former herds men 77.00

g-All other costs. ???

-Mum’s Haud travel and similar costs.

-Others, if any. I will ask mum to register and clarify all other
costs, past and present. Mum’s accounting system is very
confusing.

Putting (g) aside, the total costs are 9,822.00

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3-Balance: (Income – Costs) 8,948.00

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-Deduct $900 not received yet.
I hope this general financial statement will give you some idea
how your money was spent. Though this might confuse you due to
mum’s informal and unstructured system. But it is worth noting the
following key points and issues.

-I only paid the following items from the $5,000 you allocated for
M’s revision i) items (a) and (e) above, $1560 and $1000 ii)
September salaries of farm staff (3 persons), $116.. A total of
$2,676.
-This means $2,324 is remaining for revision activities and, as you
suggested, for local staff salaries and food expenses until
December 09. Please clarify this issue for me ASAP.
-Mum paid all other costs, excluding my salaries, and it is not clear
which funds she used.
-The exact cash mum handed to me are, in dollars, 500, 425, 435,
2050 = $ 3,405.
-Apart from my remaining salary ($3000), I have $5,729 for you/M
at present.