Professional Documents
Culture Documents
Report and financial statements for the year ended 31 March 2010
Company No: 1606776 AI Index: FIN 40 01! !010
Contents
Section
Page
Legal and Administrative details.................................................................................................................................1 Report of the directors.................................................................................................................................................2 Consolidated Statement of Financial Activities........................................................................................................14 Balance sheets............................................................................................................................................................15 Consolidated Cash Flow Statement...........................................................................................................................1 !otes to the financial statements...............................................................................................................................1"
Solicitors!
'an(ers!
A%ditors!
>or-ath Clark ,hitehill !!P )t (ride?s >ouse 10 )alisbury )@uare !ondon EC5= :E>
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1) Aims
Amnesty International*s vision is o. a -orld in -hich e'ery person en%oys all o. the hu"an ri&hts enshrined in the Ani'ersal Declaration o. >u"an $i&hts and other international hu"an ri&hts standards< 1n pursuit o. this 'ision; Amnesty International*s mission is to undertake research and action .ocused on pre'entin& and endin& &ra'e abuses o. these ri&hts< Amnesty International*s core val%es are o. an or&anisation that .or"s a &lobal co""unity o. hu"an ri&hts de.enders based on the principles o. international solidarity; e..ecti'e action .or the indi'idual 'icti"; &lobal co'era&e; the uni'ersality and indi'isibility o. hu"an ri&hts; i"partiality and independence; and de"ocracy and "utual respect< Amnesty International*s methods are to address &o'ern"ents; inter&o'ern"ental or&aniBations; ar"ed political &roups; co"panies and other non7state actors< A"nesty 1nternational seeks to eCpose hu"an ri&hts abuses accurately; @uickly and persistently< 1t syste"atically and i"partially researches the .acts o. indi'idual cases and patterns o. hu"an ri&hts abuses< +hese .indin&s are publiciBed; and "e"bers; supporters and sta.. "obiliBe public pressure on &o'ern"ents and others to stop the abuses< 1n addition to its -ork on speci.ic abuses o. hu"an ri&hts; A"nesty 1nternational ur&es all &o'ern"ents and all rele'ant po-ers to obser'e the rule o. la-; and to rati.y and i"ple"ent hu"an ri&hts standardsD it carries out a -ide ran&e o. hu"an ri&hts educational acti'itiesD and it encoura&es inter&o'ern"ental or&aniBations; indi'iduals; and all or&ans o. society to support and respect hu"an ri&hts<
2) #rgani+ational Str%ct%re
+he A"nesty 1nternational 1nternational )ecretariat (1)) is responsible to the 1nternational ECecuti'e Co""ittee throu&h the )ecretary eneral< 1t is .unded principally by A1?s national sections .or the purpose o. .urtherin& the -ork o. A"nesty 1nternational on a -orld-ide basis and to assist the -ork o. other sections in speci.ic countries as necessary< +he -ork o. the 1) is undertaken throu&h three Anited 2in&do" re&istered co"paniesE A"nesty 1nternational !i"ited; A"nesty 1nternational Charity !i"ited and A"nesty >u"an $i&hts Foundation !i"ited<
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Andertakin& and co""issionin& research into the "aintenance and obser'ance o. hu"an ri&hts and publishin& the results o. such research -hich incorporates "e"bership recruit"ent; hu"an ri&hts education and hu"an ri&hts acti'is" &ro-th acti'ities< Pro'idin& relie. to needy 'icti"s o. breaches o. hu"an ri&hts and -orkin& to procure the abolition o. torture; eCtra%udicial eCecution and disappearance<
4) #ffices overseas
+he Co"pany carries out so"e operations throu&h a nu"ber o. o'erseas o..ices that it controls as branches< +hese are located in Fe- =ork; ene'a; Paris; >on& 2on&; 2a"pala; Dakar; Moscoand (eirut< +he o..ice in >on& 2on&; (A"nesty 1nternational Asia7Paci.ic $e&ional G..ice !i"ited); is a subsidiary< +he Co"pany also "akes pay"ents to t-o international branches; one in France -hich is controlled by representati'es o. the sections -hich it ser'ices and is there.ore not a subsidiary; and one in )pain< A"nistHa 1nternacional; )<!< sociedad unipersonal; a co"pany incorporated in )pain; -as .or"ed in 14:9 .or the purpose o. translatin& A"nesty 1nternational publications into )panish and printin&; publishin& and distributin& translated -orks and other publications -ithin )panish speakin& countries< A"nesty 1nternational Asia7Paci.ic $e&ional G..ice !i"ited; a co"pany incorporated in >on& 2on&; -as .or"ed in 1440 .or the purpose o. or&anisin& the local copyin& and distribution o. A"nesty 1nternational publications< 1t also ser'es as a base .or research and de'elop"ent acti'ities< +he roup co"prises the Co"pany and its -holly o-ned subsidiaries as described in Fote 1 to the accounts<
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8) "overnance
+he Co"pany is li"ited by &uarantee and does not ha'e share capital< +he "e"bers (&uarantors) are elected "e"bers o. the 1nternational ECecuti'e Co""ittee (1EC); o. A"nesty 1nternational; indi'iduals -ho are elected by representati'es o. the country sections o. A"nesty 1nternational .or a .our year ter" at the biennial 1nternational Council Meetin& +he &o'ernin& docu"ents o. the Co"pany are its Me"orandu" and Articles o. Association< A"ended &o'ernin& docu"ents -ere adopted on 7 February 2010 by "e"bersK -ritten resolution< +he purposes o.
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the a"end"ents -ere to (a) include pro'isions .or i"pro'ed &o'ernance and the e..icient .unctionin& o. the ne- board o. directors (see belo-)D (b) include chan&es to A2 co"pany la- since 14:2 by addin& "odern .or"s o. co""unication and decision "akin&D and (c) re.lect chan&es -hich ha'e been i"ple"ented in the or&anisation since 14:2< At the Co"panyKs A M on 7 February 2010 the elected "e"bers o. the 1EC -ere appointed as the directors o. the Co"pany< +hey replaced the Co"panyKs senior "ana&e"ent tea"; so that the 1EC -ere included in the .or"al &o'ernance structure o. the 1nternational )ecretariat at the appropriate le'el< +he ne- directors recei'ed a brie.in& on their le&al duties as A2 co"pany directors<
10)Management
+he 1nternational ECecuti'e Co""ittee is responsible .or settin& policy and appro'in& operational plans and bud&ets and ensurin& these are i"ple"ented< +he 1EC also appoints the )ecretary eneral o. A"nesty 1nternational -ho is responsible .or the day to day operations o. the 1)< +he acti'ities o. the Co"pany are "ana&ed by the )ecretary eneral; )alil )hetty; supported by a senior "ana&e"ent tea" o. 7 people and approCi"ately J00 sta..<
11)3inancial Revie6
+he results .or the roup sho- net inco"in& resources a.ter other reco&nised &ains and losses o. I543;000 (2004EI1;007;000) 1nco"in& resources ha'e increased in total .ro" I55;741;000 in 200:L2004 to I59;222;000 in 2004L10 "ainly due to the si&ni.icant increase in assess"ent contributions .ro" sections o. I2;7J1;000; only partially o..set by a reduction in additional 'oluntary contribution .ro" sections o. I1;279;000< +he roup is principally .unded by contributions .ro" country sections as assessed by the 1nternational Council< +otal resources eCpended ha'e increased .ro" I51;15J;000 in 200:L2004 to I55;497;000 in 2004L10 "ainly attributable to the increase in costs o. acti'ities in .urtherance o. the roup?s ob%ecti'es o. I3;:0:;000< Please re.er to note J .or .urther details< +he roup has net current assets o. I1;349;000 as at 31 March 2010 (net current assets o. I1;10:;000 as at 31 March 2004)< +he roup has unrestricted .unds totallin& I4;745;000 at the balance sheet date (2004E I4;02J;000)< Fet cash in.lo- .ro" operatin& acti'ities .or 2010 -as I2;52:;000 (2004E I5;:73;000)< +he roup has net .unds o. I2;950;000 as at 31 March 2010 (I79;000 net .unds as at 31 March 2004)< )i&ni.icant pro&ress has been "ade in the current .inancial year on A1?s hu"an ri&hts ob%ecti'es and on the strate&ic &lobal &oals .or the period< +he board "onitors pro&ress o. the roup?s hu"an ri&hts acti'ities and .inancial per.or"ance by re.erence to; a"on&st other indicators; the .ollo-in& .inancial and non7.inancial key per.or"ance indicators< Per.or"ance durin& the year; toðer -ith historical trend data is set out in the table belo-E 2010 I5J;491;000 I1;349;000 195 2008 I55;321;000 I1;10:;000 1J1
1ncrease in total 'oluntary inco"e is due to the increase in contributions .ro" sections payable to the roup arisin& .ro" past &ro-th o. the national sections
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92: 93:
+he "o'e"ent in net current assets is due both to an increase in cash at bank and an i"pro'e"ent in creditors; bein& only partially o..set by a reduction in the le'el o. debtors< +he roup undertook 195 "issions in the current year co"pared to 1J1 "issions in the prior year< +he increase in the nu"ber o. "issions conducted -as possible due to the increase in unrestricted .unds a'ailable .or hu"an ri&hts research and associated ca"pai&nin& acti'ities<
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12)1
2aiti
1n the -ake o. the "assi'e earth@uake o. 12 *anuary 2010; A"nesty 1nternational called on the AF to put in place "easures .or the protection o. the "ost 'ulnerable a"on& the sur'i'ors; particularly -o"en and &irls and those le.t orphans< ,e also called .or better coordination and prioritiBation o. aid a.ter disputes bet-een the A) "ilitary and aid a&encies< Durin& March A"nesty 1nternational dele&ates 'isited >aiti and undertook research on issues relatin& to protectin& the displaced people in "akeshi.t ca"ps< Dele&ates .ocused pri"arily on seCual 'iolence a&ainst -o"en and &irls and collected .irst7hand testi"onies .ro" &irl 'icti"s o. rape< +he dele&ation "et -ith >aitian authorities includin& the President; Pri"e Minister; and other "inisters and the head o. the >aitian Police< Dele&ates also "et -ith the )pecial $epresentati'e o. the AF )ecretary7 eneral in >aiti and other AF o..icials< 12)2 emand ignity Campaign All o'er the -orld; people in po'erty are de"andin& di&nity< +hey -ant an end to the in%ustice and eCclusion that keep the" trapped in depri'ation< +hey -ant to ha'e control o'er the decisions that a..ect their li'es< +hey -ant their ri&hts to be respected and their 'oices to count< A"nesty 1nternational?s De"and Di&nity ca"pai&n .ocuses on a .e- key areas and patterns o. hu"an ri&hts abuse -hich sho- particularly sharply the interplay o. depri'ation; insecurity; eCclusion and 'oices i&nored< +he o'erall &oal is to end the hu"an ri&hts 'iolations that keep people poor< 12)3 Co%nter <error 6ith =%stice Campaign o'ern"ent responses to the threat o. terrorist attacks ha'e led to a -eakenin& o. the .ra"e-ork o. international hu"an ri&hts< )tates are resortin& to practices -hich ha'e lon& been prohibited by international la-; and ha'e sou&ht to %usti.y the" in the na"e o. national security< A"nesty 1nternational has ca"pai&ned in relation to the on&oin& eCistence o. the uant0na"o .acility; -here; -hilst -elco"in& the A)AKs pronounce"ents on hu"an ri&hts; it has called .or concrete action; includin& on accountability; re"edy; and endin& the uant0na"o detentions in line -ith its international hu"an ri&hts obli&ations< 12)0 A&olish the eath Penalty Campaign
+he death penalty is the ulti"ate denial o. hu"an ri&hts< 1t is the pre"editated and cold7blooded killin& o. a hu"an bein& by the state< +his cruel; inhu"an and de&radin& punish"ent is done in the na"e o. %ustice< 1t 'iolates the ri&ht to li.e as proclai"ed in the Ani'ersal Declaration o. >u"an $i&hts< A"nesty 1nternational opposes the death penalty in all cases -ithout eCception re&ardless o. the nature o. the cri"e; the characteristics o. the o..ender; or the "ethod used by the state to kill the prisoner< )ince the be&innin& o. 2004; A"nesty 1nternational has been concerned that the )outh 2orean &o'ern"ent is takin& steps to-ards resu"in& eCecutions< 90 prisoners currently re"ain under sentence o. death< A"nesty 1nternational has called on )outh 2orea to i""ediately establish a "oratoriu" on eCecutions -ith a 'ie- to abolishin& the death penalty as pro'ided by AF eneral Asse"bly resolution 92L154 and resolution 93L19: and co""ute all death sentences in the country< 12)1 Comm%nications
Fearly 9<J"illion 'isits -ere "ade to A"nesty 1nternationalKs &lobal -ebsite durin& 2004L10 and o'er 100;000 users 'isited its =ou+ube channel< 1n May 2004 A"nesty de'eloped the K'oices plat.or"K to "ark the launch o. the De"and Di&nity ca"pai&n< eared to-ards users in the lobal )outh; this user7 &enerated content site allo-s ri&hts holders to upload teCt; audio and 'ideo relatin& to the ca"pai&nKs key the"es 'ia desktop co"puter or 'ia "obile )M)< +he 'oices plat.or" sa- nearly 10;000 uploads in its .irst -eek< February 2010 sa- the launch o. the AiCandle 7 the .irst iPhone application launched by
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an 1nternational Fon7 o'ern"ental Gr&anisation (1F G) 7 a s"artphone application enablin& supporters to take action .ro" their iPhones< 12)4 3%nd>raising
Durin& the .inancial year (200472010) a ran&e o. .undin& proposals (includin& letters o. interest; concept notes and .ull proposals) -ere sub"itted to &rant &i'in& bodies .or .undin& the -ork o. A"nesty 1nternational !i"ited and A"nesty 1nternational Charity !i"ited< +hese proposals totalled ten -ith a 'alue o. I3<7 "illion< Durin& the .inancial year 200472010 a total o. .our pre'iously secured restricted &rants -ere "ana&ed by the .undraisin& pro&ra""e -ith a total inco"e o. I221;J2:<1n addition to the "ana&e"ent o. eCistin& &rant pled&es and donor co""it"ents secured in pre'ious .inancial years -ith inco"e in 2004L10; three ne- &rants -ere secured durin& the .inancial year -ith a total 'alue o. I42:;J30< )ince the end o. the .inancial year a pled&e has also been secured .or .undin& in .uture years .ro" the Dutch postcode lottery< +he Fund7raisin& Pro&ra""e also -orked -ith A1 sections to support their o-n .und7raisin& applications; de'elopin& the capacity o. s"aller &roups to beco"e sel.7sustainin&< +he Directors are pleased to ackno-led&e the support o. the *ohn D< and Catherine +< MacArthur Foundation; the Gak Foundation; Gpen )ociety eor&ia Foundation; the #an&uard Charitable Endo-"ent Pro&ra""e; Mauro +unes and A"erican *e-ish ,orld )er'ice< +he A2 Depart"ent .or 1nternational De'elop"ent ( o'ernance and +ransparency Fund) continued to .und a .our year hu"an ri&hts education pro%ect in A.rica< +he European Co""ission (EuropeAid) &enerously a-arded a "ulti7year &rant to-ards A"nesty 1nternational?s hu"an ri&hts education -ork in Europe< Durin& the year; the Co"pany pro'ided loans .or .und7raisin& capacity buildin& acti'ities to one additional A1 entity and -orked -ith nine recipients o. earlier .undin& to ensure the lon& ter" sustainability o. the "o'e"ent?s in'est"ent< +his includes one A1 entity -hich repaid its loan in Au&ust o. 2004< 1n addition; the Co"pany supported .undraisin& acti'ities in the "o'e"ent "ore &enerally; de'elopin& the capacity o. s"aller &roups to beco"e sel.7sustainin&< 1n the year .unds -ere eCpended as sho-n in note 22 to the attached accounts<
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co"bine these t-o aspects -ith our do"estic hu"an ri&hts a&enda< +he scopin& eCercise -ill allo- us to prioritiBe -ork a"on& ($1C) countries and ensure the best allocation o. resources (.or eCa"ple; an ad'ocacy presence in (raBil 's< 1ndia or $ussia)<
10)?ol%nteers
#olunteers and interns continue to "ake a si&ni.icant contribution to-ards A"nesty?s &lobal ob%ecti'es< #olunteers a&ree to co""it to a "ini"u" o. three "onths and 'olunteer bet-een t-o and three days a -eek< 1nterns undertakin& speci.ic pro%ects &enerally 'olunteer their ti"e .or three to .i'e days per -eek .or a "ini"u" o. 5 "onths< For the .inancial year ended 31 March 2010; there -ere on a'era&e 45 'olunteers and interns -orkin& at the 1) pre"ises< +his -as the e@ui'alent o. 237 days per -eek; or J5<J .ull ti"e sta..< +he support -e &et .ro" 'olunteers and interns is there.ore in'aluable< #olunteers help our "e"bers o. sta.. -ith all aspects o. their -ork and are in'ol'ed in all acti'ities across the 1nternational )ecretariat< )o"e o. that -ork includes "onitorin& the international press; translatin&; undertakin& research; desi&nin& -eb pa&es; raisin& .unds and supportin& hu"an resources and accountin& acti'ities< Gur 'olunteersK back&rounds are 'aried and enable our sta.. to bene.it .ro" a di'erse ran&e o. supporters co"posed principally o. uni'ersity students; as -ell as acti'e and retired pro.essionals<
11)
Reserves policy
+he Co"pany has and -ill "aintain a le'el o. reser'es su..icient to enable it to "eet the re@uire"ents o. its bankers to support its borro-in& .acilities and to "eet potential short.alls in inco"e or to "iti&ate the i"pact o. the de.ined bene.it pension sche"e actuarial losses < 1nco"e can be a..ected a"on& others by ad'erse "o'e"ents in eCchan&e rates or by non pay"ent o. section contributions< At the year end the unrestricted .unds -ere in eCcess o. 3 "onth?s eCpenditure -hich is an i"pro'e"ent .ro" the prior year< +he Co"pany?s reser'e policy on a risk based approach is set -ith the ob%ecti'e o. ha'in& 1JO o. inco"e to co'er potential eCchan&e rate risk; JO o. contributions .ro" sections to co'er delayed or non7pay"ent and -orkin& capital needs o. one "onth?s eCpenditure< +he Co"pany -ill continue to re'ie- the le'el o. reser'es a'ailable and the appropriateness o. the policy<
As detailed in note 22; t-o restricted .unds are in de.icit as at 31 March 2010 (a&&re&ated 'alue o. I19;000)< +hese de.icit balances are eCpected to be reco'ered by inco"e recei'ed in the .uture<
14)
Investment policy
+he Co"pany does not yet ha'e a .or"al in'est"ent policy; ho-e'er; it does "aintain a detailed t-o year cash .lo- .orecast to ensure there is ade@uate -orkin& capital .or both operational and in'est"ent re@uire"ents< ECcess cash is held in "oney "arket call accounts<
15)
+he roup pro'ides support to A1 Country )ections in the &lobal )outh and East throu&h the pro'ision o. &rants .or research; publications and ca"pai&nin& acti'ities< rants payable to Country )ections are "ade in line -ith A1!Ks strate&ic ob%ecti'es< +he roup "onitors all &rants in accordance -ith the rele'ant )ection &rant a&ree"ent<
1@)
Pension f%nd
+he F$) 17 'aluation o. the A1! de.ined bene.it pension sche"e as at 31 March 2010 supplied by A1!?s actuaries sho-ed a de.icit .i&ure o. I9;4J:;000 (2004E I9;771;000)< +his net de.icit is a state"ent o. the transient situation as at 31 March 2010 and the Directors reco&nise that this can s-in& notably in response to "arket .actors and actuarial assu"ptions "ade<
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A .ull actuarial 'aluation -as carried out as at 30 )epte"ber 200: -hich re'ealed a .undin& short.all o. I10;229;000 (200JE I10;2:3;000)< As a result o. the pre'ious 'aluation undertaken in )epte"ber 200J an a&ree"ent has been reached -ith the trustees .or the Co"pany to "ake additional contributions .ro" April 2007 o. I400;000 a year; increasin& at JO per year; to eli"inate this short.all< +he last pay"ent under this a&ree"ent -ill be due on 1 Gctober 201:<
18)
Mr Peter Pack Mr Pietro Antonioli Mr Euntae o Mr !ouis Mendy Ms Christine Pa"p Mr #anushi $a%anaya&a" Mr uadalupe $i'as Mr (ernard )intobin Mr *ulio +orales Mr Claudio Cordone Ms ,idney (ro-n Mr eor&e Mac.arlane Mr Col" / Cuanach0in Ms Marcia Poole Ms 1rene 2han Ms 2ate il"ore Ms Mar% (yler
Chair
Actin& Chairperson
Chairperson
(appointed 7 February 2010) (appointed 7 February 2010) (appointed 7 February 2010) (appointed 7 February 2010) (appointed 7 February 2010) (appointed 7 February 2010) (appointed 7 February 2010) (appointed 7 February 2010) (appointed 7 February 2010) (resi&ned 7 February 2010) (resi&ned 7 February 2010) (resi&ned 7 February 2010) (resi&ned 7 February 2010) (resi&ned 7 February 2010) (resi&ned on 31 Dece"ber 2004) (resi&ned on 13 Dece"ber 2004) (resi&ned on 15 Au&ust 2004)
20) 21)
22)
7mployee involvement
+he Co"pany pro'ides internal -ritten updates on acti'ities and there are also .re@uent sta.. in.or"ation and consultati'e "eetin&s< )ta.. are also in'ited to presentations on the .inancial per.or"ance o. the roup -hich also address ho- econo"ic .actors ha'e i"pacted on the roup?s per.or"ance<
23)
P%&lic &enefit
A"nesty 1nternational !i"ited is a not .or pro.it or&anisation -hose acti'ities; -hilst not eCclusi'ely charitable; are intended to be .or the public bene.it< 1n settin& our ob%ecti'es and plannin& our acti'ities A"nesty 1nternational !i"itedKs directors ha'e; on a 'oluntary basis; &i'en care.ul consideration to the Charity Co""ission?s &eneral &uidance on public bene.it<
20)
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+he directors are responsible .or preparin& the DirectorsK $eport and the .inancial state"ents in accordance -ith applicable la- and re&ulations< Co"pany la- re@uires the directors to prepare .inancial state"ents .or each .inancial year< Ander that la- the directors ha'e elected to prepare the .inancial state"ents in accordance -ith Anited 2in&do" enerally Accepted Accountin& Practice (Anited 2in&do" Accountin& )tandards and applicable la-)< Ander co"pany la- the directors "ust not appro'e the .inancial state"ents unless they are satis.ied that they &i'e a true and .air 'ie- o. the state o. a..airs o. the co"pany and the &roup and o. the pro.it or loss o. the co"pany and &roup .or that period< 1n preparin& these .inancial state"ents; the directors are re@uired toE P P select suitable accountin& policies and then apply the" consistentlyD "ake %ud&"ents and accountin& esti"ates that are reasonable and prudentD
P state -hether applicable A2 Accountin& )tandards ha'e been .ollo-ed; sub%ect to any "aterial departures disclosed and eCplained in the .inancial state"entsD P prepare the .inancial state"ents on the &oin& concern basis unless it is inappropriate to presu"e that the co"pany -ill continue in business< +he directors are responsible .or keepin& ade@uate accountin& records that are su..icient to sho- and eCplain the co"panyKs transactions and disclose -ith reasonable accuracy at any ti"e the .inancial position o. the co"pany and enable the" to ensure that the .inancial state"ents co"ply -ith the Co"panies Act 2009< +hey are also responsible .or sa.e&uardin& the assets o. the co"pany and hence .or takin& reasonable steps .or the pre'ention and detection o. .raud and other irre&ularities< +he Directors are responsible .or the "aintenance and inte&rity o. the corporate and .inancial in.or"ation included on the co"pany?s -ebsite< !e&islation in the Anited 2in&do" &o'ernin& the preparation and disse"ination o. .inancial state"ents "ay di..er .ro" le&islation in other %urisdictions<
21)
A%ditors
1nso.ar as each o. the directors o. the co"pany at the date o. appro'al o. this report is a-are there is no rele'ant audit in.or"ation (in.or"ation needed by the co"pany?s auditor in connection -ith preparin& the audit report) o. -hich the co"pany?s auditor is una-are< Each director has taken all o. the steps that heLshe should ha'e taken as a director in order to "ake hi"sel.Lhersel. a-are o. any rele'ant audit in.or"ation and to establish that the co"pany?s auditor is a-are o. that in.or"ation< >or-ath Clark ,hitehill !!P has indicated its -illin&ness to be reappointed as statutory auditor< Gn 1 Gctober 2010; >or-ath Clark ,hitehill !!P is chan&in& its na"e to Cro-e Clark ,hitehill !!P< (= G$DE$ GF +>E (GA$D
11%45
F#! 4$%$12%2$1$
I$ 7P7$ 7$< AA I<#RS* R7P#R< <# <27 M7M'7RS #3 AM$7S<B I$<7R$A<I#$AL LIMI<7 ,e ha'e audited the &roup and parent co"pany .inancial state"ents (the QQ.inancial state"ents??) o. A"nesty 1nternational !i"ited .or the year ended 31 March 2010 -hich are set out on pa&es 15 to 5J< +hese .inancial state"ents ha'e been prepared under the accountin& policies set out therein< +his report is "ade solely to the co"pany?s "e"bers; as a body; in accordance -ith Chapter 3 o. Part 19 o. the Co"panies Act 2009< Gur audit -ork has been undertaken so that -e "i&ht state to the co"pany?s "e"bers those "atters -e are re@uired to state to the" in an auditor?s report and .or no other purpose< +o the .ullest eCtent per"itted by la-; -e do not accept or assu"e responsibility to anyone other than the co"pany and the co"pany?s "e"bers as a body; .or our audit -ork; .or this report; or .or the opinions -e ha'e .or"ed< Responsi&ilities of directors and a%ditors As eCplained "ore .ully in the )tate"ent o. DirectorsK $esponsibilities; the directors are responsible .or the preparation o. the .inancial state"ents and .or bein& satis.ied that they &i'e a true and .air 'ie-< Gur responsibility is to audit the .inancial state"ents in accordance -ith rele'ant le&al and re&ulatory re@uire"ents and 1nternational )tandards on Auditin& (A2 and 1reland)< +hose standards re@uire us to co"ply -ith the Auditin& Practices (oardKs Ethical )tandards .or Auditors< Scope of the a%dit of the financial statements An audit in'ol'es obtainin& e'idence about the a"ounts and disclosures in the .inancial state"ents su..icient to &i'e reasonable assurance that the .inancial state"ents are .ree .ro" "aterial "isstate"ent; -hether caused by .raud or error< +his includes an assess"ent o.E -hether the accountin& policies are appropriate to the &roup and co"panyKs circu"stances and ha'e been consistently applied and ade@uately disclosedD the reasonableness o. si&ni.icant accountin& esti"ates "ade by the directorsD and the o'erall presentation o. the .inancial state"ents< #pinion on financial statements 1n our opinion; the .inancial state"entsE &i'e a true and .air 'ie- o. the state o. the &roup?s and the parent co"panyKs a..airs as at 31 March 2010 and o. its pro.it .or the year then endedD ha'e been properly prepared in accordance -ith Anited 2in&do" enerally Accepted Accountin& PracticeD and ha'e been prepared in accordance -ith the re@uire"ents o. the Co"panies Act 2009<
#pinion on other matter prescri&ed &y the Companies Act 2004 1n our opinion the in.or"ation &i'en in the DirectorsK $eport .or the .inancial year .or -hich the .inancial state"ents are prepared is consistent -ith the .inancial state"ents< Matters on 6hich 6e are reC%ired to report &y eDception ,e ha'e nothin& to report in respect o. the .ollo-in& "atters -here the Co"panies Act 2009 re@uires us to report to you i.; in our opinionE ade@uate accountin& records ha'e not been kept by the co"pany; or returns ade@uate .or our audit ha'e not been recei'ed .ro" branches not 'isited by usD or the .inancial state"ents o. the co"pany are not in a&ree"ent -ith the accountin& records and returnsD or
certain disclosures o. directorsK re"uneration speci.ied by la- are not "adeD or -e ha'e not recei'ed all the in.or"ation and eCplanations -e re@uire .or our audit<
Pesh Fra"%ee )enior )tatutory Auditor For and on behal. o. Cro-e Clark ,hitehill !!P (.or"erly kno-n as >or-ath Clark ,hitehill !!P) )tatutory Auditor !ondon; A2< Date 1 Gctober 2010
Fund balances brou&ht .or-ard at 1 April 3%nd &alances carried for6ard at 31 March
8F021 8F580
1F140 @@0
10F1@1 10F45@
8F15@ 10F1@1
All acti'ities are continuin&< +here is no di..erence bet-een the results .or the year stated abo'e and their historical cost e@ui'alents< +he roup has no reco&nised &ains and losses other than the &ains and losses abo'e; and there.ore no separate state"ent o. total reco&nised &ains and losses has been presented< +he notes on pa&es 17 to 5J .or" part o. these .inancial state"ents<
$otes 3iDed assets +an&ible assets 1n'est"ents <otal fiDed assets C%rrent assets )tocks DebtorsE a"ounts .allin& due a.ter one year DebtorsE a"ounts .allin& due -ithin one year Cash at bank and in hand <otal C%rrent Assets CreditorsE a"ounts .allin& -ithin one year $et c%rrent assetsG,lia&ilities/ 15 1J;19
14
1F384
1F10@
1F220
@18
<otal assets less c%rrent lia&ilities CreditorsE a"ounts .allin& due a.ter "ore than one year Provisions for lia&ilities and charges Pro'isions De.ined bene.it pension sche"e liability $et assets 3%nds! Anrestricted .unds eCcludin& pension liability Pension $eser'e <otal %nrestricted f%nds Restricted f%nds <otal f%nds 21 11 20
21F050 (2;9J5)
22F4@4 (5;123)
20F@10 (2;952)
21F800 (5;123)
Appro'ed by the board o. directors on 29 )epte"ber 2010 and si&ned on its behal. byE Mac.arlane Co"pany )ecretary
Consolidated Cash 3lo6 Statement 3or the year ended 31 March 2010
$otes
$et cash inflo6s from operating activities Ret%rn on investment and servicing of finance 1nterest recei'ed 1nterest paid 1nterest ele"ent o. .inance lease rental pay"ents
27
J: (212) (105)
,21@/
,314/
<aDation Capital eDpendit%re and financial investment Purchase o. tan&ible .iCed assets $eceipt o. insurance bond L Proceeds .ro" sale o. .iCed assets $et cash o%tflo6 from capital eDpendit%re and financial investments
,25/
,1/
(929) 7 ,418/
$et cash inflo6G,o%tflo6/ &efore financing 3inancing Capital ele"ent o. .inance lease rental pay"ents $epay"ents o. borro-in&s $et cash o%tflo6 from financing Increase in cash and cash eC%ivalents 27
2F012
3F@8@
$otes to the financial statements 3or the year ended 31 March 2010
1 'asis of acco%nting
'asis of preparation +he .inancial state"ents ha'e been prepared under the historical cost con'ention and in accordance -ith the Co"panies Act 2009; applicable Accountin& )tandards in the Anited 2in&do" and; 'oluntarily; the )tate"ent o. $eco""ended Practice 6 MAccountin& and $eportin& by CharitiesN ()G$P) re'ised in March 200J< +he directors ha'e 'oluntarily adopted the substanti'e re@uire"ents o. this )G$P as i. the Co"pany -ere a charity as they consider that this is the "ost appropriate .or"at to &i'e a true and .air 'ie- o. the Co"pany?s and roup?s acti'ities< As a result; the consolidated state"ent o. .inancial acti'ities presented on pa&e 15 contains both an inco"e and eCpenditure account in accordance -ith the Co"panies Act 2009 and a )tate"ent o. +otal $eco&nised ains and !osses re@uired by F$) 3 M$eportin& Financial Per.or"anceN< +he only ite"s that -ould appear in a separate )tate"ent o. $eco&nised ains and !osses are the currency translation di..erences arisin& on the retranslation o. openin& reser'es o. subsidiaries and actuarial pension ad%ust"ents as sho-n in the )tate"ent o. Financial Acti'ities< A.ter "akin& en@uires; the directors ha'e reasonable eCpectation that the co"pany has ade@uate resources to continue its acti'ities .or the .oreseeable .uture as re.lected in the $eport o. the Directors< Accordin&ly; they continue to adopt the &oin& concern basis in preparin& the .inancial state"ents< 'asis of consolidation All co"panies o'er -hich the Co"pany is able to eCercise control are consolidated as subsidiary undertakin&s< Control is de.ined as the ri&ht to &i'e directions as to operational and .inancial policies< +here.ore Editorial A"nistHa 1nternacional; )<!< sociedad unipersonal (EDA1); A"nesty 1nternational Asia7Paci.ic $e&ional G..ice !i"ited (A1AP$G!) and A"nesty >u"an $i&hts Foundation !i"ited (A>$F!) ha'e been consolidated into these roup .inancial state"ents< +he subsidiaries ha'e 31 March year7ends -ith the eCception o. EDA1 -hich is le&ally re@uired to ha'e a 31 Dece"ber year end under )panish la- and is consolidated as at that date as the di..erence is not "aterial to these state"ents< +he Co"pany carries out so"e operations o'erseas throu&h a nu"ber o. o'erseas o..ices that it controls as branches< +hese are located in Fe- =ork; ene'a; Paris; >on& 2on&; Dakar; 2a"pala; Costa $ica and Mosco-< +hese .inancial state"ents include the results; assets and liabilities o. these o..ices< 1t also "akes pay"ents to t-o international branches< +he o..ice in )pain is a subsidiary< +he o..ice in France is controlled by representati'es o. the )ections -hich it ser'ices and is there.ore not a subsidiary<
+he .inancial state"ents do not include the acti'ities o. the sections o. the A"nesty 1nternational "o'e"ent; as these are all separate le&al entities that are neither o-ned nor controlled by the Co"pany< Company Income and 7Dpendit%re Acco%nt As per"itted by section 50: o. the Co"panies Act 2009; a separate inco"e and eCpenditure account .or the Co"pany has not been included in these accounts< +he Co"pany?s net inco"in& resources .or the current .inancial year totalled I900;000 (2004E I1;2:5;000)<
Acco%nting policies
+he principal accountin& policies are su""arised belo-< +hey ha'e all been applied consistently throu&hout the year and the precedin& year< 3%nd acco%nting +he Co"pany "aintains t-o types o. .undE $estricted Anrestricted -here inco"e is recei'ed .ro" donors .or use on speci.ic pro%ects; includin& relie.< .or use by the directors to .urther the &eneral ob%ects o. the Co"pany< +he Directors; at their discretion; "ay set aside .unds to co'er speci.ic .uture costs< )uch .unds are sho-n as desi&nated .unds -ithin unrestricted .unds< ,here the +rustees decide such .unds are no lon&er re@uired .or the purposes intended; they "ay be released by trans.er to &eneral unrestricted .unds<
Incoming reso%rces Contributions from Sections +his share o. inco"e is calculated by the roup in the year .ollo-in& its receipt by )ections< +he share o. inco"e payable by the )ections to the roup is based on their pre'ious years? inco"e< +he deter"ination o. the share is based on a scale o. contribution rates (in I sterlin&) set at the 1nternational Council Meetin& (1CM) o. A"nesty 1nternational< Contributions .ro" sections are payable @uarterly in ad'ance and are treated as de.erred inco"e and included in the balance sheet as a liability until released to inco"e in the period to -hich they relate< Pro'isions are "ade a&ainst unpaid contributions -hich sections ha'e stated they "ay not be able to "eet< +he "o'e"ent in the pro'ision durin& the year is o..set a&ainst the inco"e assessed on the )ections< Fro" ti"e to ti"e; sections "ake contributions in ad'ance o. the due date as the cash .lo- o. the )ection per"its< )uch contributions are treated by the roup as de.erred inco"e and are included in the balance sheet as a liability until released to inco"e in the year to -hich they relate<
Additional 'oluntary contributions .ro" sections; -hich are not .or speci.ic acti'ities; are accounted .or -hen le&al entitle"ent to the" .irst arises and -hen the a"ount can be @uanti.ied -ith reasonable certainty< Donations and bequests Donations and be@uests are accounted .or -hen le&al entitle"ent to the" .irst arises and -hen the a"ount can be @uanti.ied -ith reasonable certainty< Sales income )ales inco"e is deri'ed .ro" the sale o. broadcast and 'ideo ri&hts; publications and audio 'isual products; net o. applicable #A+; to 'arious or&anisations throu&hout the -orld and is accounted .or on an accruals basis<
$esources eCpended are accounted .or on an accruals basis and are reco&nised in the period in -hich they relate; and include attributable #A+ -hich cannot be reco'ered< !iabilities are reco&nised as resources eCpended as soon as there is a le&al or constructi'e obli&ation co""ittin& the co"pany to the eCpenditure< $esources eCpended are classi.ied o'er the acti'ity headin&s sho-n belo-< ,here eCpenditure cannot be directly attributed to particular headin&s (support costs) it is allocated based upon the proportion to the nu"ber o. sta.. en&a&ed in each area -ith the eCception o. &rants< )upport costs ha'e been allocated to &rant "akin& acti'ities based upon the ratio o. &rant eCpenditure to total &rant and acti'ity eCpenditure< Cost of generating f%nds co"priseE 1. Costs incurred by the Co"pany relatin& to the sub"ission o. .undin& proposals (includin& letters o. interest; concept notes and .ull proposals) to &rant &i'in& bodies and support pro'ided to A1 sections .or their o-n .undraisin& applications
2< Costs incurred by EDA1 relatin& the purchase o. "erchandise and other supplies .or .undraisin& tradin& purposes 3< Costs incurred by A>$F! relatin& to the pro"otion and sale o. the Make )o"e Foise "usic products -hich incorporates assistin& A"nesty 1nternational in its -orld-ide ca"pai&nin& .or the obser'ance o. hu"an ri&hts and its "e"bership de'elop"ent Activities in p%rs%ance of the gro%p*s o&Hectives co"priseE 1. Charita&le activities undertaken on behal. o. A"nesty 1nternational Charity !i"ited -hich includeE Research into h%man rights violations -hich represents the costs incurred in conductin& research to hi&hli&ht &ra'e abuses o. hu"an ri&hts and to de"and %ustice .or those -hose ri&hts ha'e been 'iolated and p%&lication of research< Relief 6or( -hich represents costs incurred in pro'idin& relie. assistance to prisoners o. conscience or 'icti"s o. other serious hu"an ri&hts 'iolations -ho ha'e not used or ad'ocated 'iolence
A&olition of tort%reF eDtraH%dicial eDec%tion and disappearance -hich represents costs incurred in ca"pai&nin& to hold &o'ern"ents accountable .or their actions and to uphold international la- and the absolute prohibition o. torture; eCtra%udicial eCecution and disappearance under any circu"stances<
2.
Acti'ities in pursuance o. securin& the obser'ance o. the Ani'ersal Declaration o. >u"an $i&hts throu&hout the -orld -hich -ould not be considered to be charitable under Anited 2in&do" la-< )uch acti'ities principally co"prise campaigns %nderta(en 6ith a vie6 to infl%encing actions ta(en &y sovereign governments)
"overnance costs represent costs that relate to the &eneral runnin& o. the roup as opposed to the direct "ana&e"ent .unctions inherent in the acti'ities o. the roup< +hey pro'ide the &o'ernance in.rastructure -hich allo-s the roup to operate and to &enerate the in.or"ation re@uired .or public accountability and include the strate&ic plannin& processes that contribute to the .uture de'elop"ent o. the roup<
"rants A"ounts payable to A1 Country )ections to support research; publications and ca"pai&nin& acti'ities are char&ed to the )tate"ent o. .inancial acti'ities -hen an obli&ation eCists< <angi&le fiDed assets +an&ible .iCed assets are stated at cost less accu"ulated depreciation< Assets costin& less than I200 are -ritten o.. in the year o. ac@uisition< Depreciation is pro'ided so as to -rite o.. the cost o. .iCed assets less their esti"ated residual 'alue on a strai&ht line basis o'er the eCpected use.ul li'es o. the assets concerned< Freehold land is not depreciated< +he buildin& re.urbish"ent costs -ere depreciated .ro" 1 Gctober 2007< +he esti"ated use.ul li'es used .or this purpose; -hich are consistent -ith those o. the prior year; areE
Freehold buildin&s !easehold land and buildin&s G..ice e@uip"ent 7 J0 years 7 G'er len&th o. lease 7 3 years to 10 years Co"puter e@uip"ent !easehold i"pro'e"ents Motor 'ehicles 7 3 years to J years 7 G'er len&th o. lease 7 J years
Leased assets Gperatin& lease rentals are char&ed to eCpense on a strai&ht line basis o'er the ter" o. the lease< +an&ible .iCed assets ac@uired under .inance leases are included in the balance sheet at their e@ui'alent capital 'alue and are depreciated o'er the shorter o. the lease ter" and their use.ul li.e< +he correspondin& liabilities are recorded as a creditor and the interest ele"ent o. the .inance lease rentals is char&ed to the inco"e state"ent o'er the period o. the lease to produce a constant rate o. char&e on the balance o. capital repay"ents outstandin&< Investments in S%&sidiaries
1n'est"ents in subsidiaries are sho-n in the Co"pany balance sheet at cost less pro'ision .or i"pair"ent< #ther investments Gther in'est"ents are sho-n in the Co"pany balance sheet at cost< Provisions A pro'ision is reco&nised in the balance sheet -hen the roup or the Co"pany has a present; le&al or constructi'e obli&ation as a result o. a past e'ent; and it is probable that an out.lo- o. econo"ic bene.its -ill be re@uired to settle the obli&ation< Pro'isions are "easured at the Directors? best esti"ate o. the eCpenditure re@uired to settle the obli&ation at the balance sheet date< Pro'isions are not discounted to the present 'alue as they are eCpected to be settled -ithin 12 "onths o. the balance sheet date<
3oreign c%rrency Assets and liabilities deno"inated in .orei&n currencies are translated at the rate o. eCchan&e rulin& at the balance sheet date< +ransactions in .orei&n currencies are translated at the rate o. eCchan&e rulin& at the date o. the transaction< Forei&n eCchan&e &ains and losses arise "ainly on the con'ersion and translation o. inco"e recei'ed and held in A"nesty 1nternational bank accounts< As such the net &ain or loss is included -ithin inco"in& resources in the )tate"ent o. Financial Acti'ities< +he results o. o'erseas subsidiaries are translated at the a'era&e rates o. eCchan&e durin& the year and their balance sheets at the rates rulin& at the balance sheet date< ECchan&e di..erences arisin& on translation o. the openin& net assets and results o. o'erseas subsidiaries are reported in the )tate"ent o. Financial Acti'ities as other &ains and losses be.ore net inco"in&L(out&oin&) resources< 3or6ard eDchange contracts A"nesty 1nternational has entered into .or-ard eCchan&e contracts -ith >)(C durin& the year to hed&e .or-ard currency eCposure on .uture pro&ra""e eCpenditure< For-ard currency eCchan&es "ade under these contracts are recorded at the speci.ied rate at the ti"e o. the transaction< Pension costs A"nesty 1nternational !i"ited operates de.ined bene.it and de.ined contribution pension sche"es< Ander the de.ined bene.it sche"e; the pension liabilities and assets are recorded in line -ith F$)17; -ith a 'aluation undertaken by an independent actuary< F$)17 "easures the 'alue o. pension assets and liabilities at the (alance )heet date; deter"ines the bene.its accrued in the year and the interest on assets and liabilities< +he 'alue o. bene.its accrued is used to deter"ine the pension char&e in the )tate"ents o. Financial Acti'ities and the eCpected return on sche"e assets and interest cost on sche"e liabilities are allocated across the appropriate inco"in&Lout&oin& resource cate&ories< +he chan&e in 'alue o. assets and liabilities arisin& .ro" asset 'aluation; chan&es in bene.its; actuarial assu"ptions; or chan&e in the le'el o. de.icit attributable to "e"bers is reco&nised in the )tate"ents o. acti'ities -ithin actuarial &ainsLlosses
on the bene.it pension sche"es< +he resultin& pension liability or asset is sho-n on the (alance )heet< Ander the de.ined contribution sche"e; pension contributions are char&ed to the )tate"ents o. Financial Acti'ities as incurred< Relief 3%nds +he Co"pany recei'es su"s o. "oney -hich are &i'en .or the purposes o. pro'idin& relie.< +he Co"pany is responsible .or the ad"inistration and disburse"ent o. these .unds on behal. o. the -orld-ide "o'e"ent< Funds not yet applied to relie. are held in separate bank accounts and are sho-n separately as a restricted .und< Lennart+ ?A< Follo-in& the 1441 European Court case o. !ennartB; under !ennartB #A+ accountin&; -hen #A+ is incurred on the purchase o. an asset .or "iCed business and non7business use; the #A+ attributable to both the taCable and non7business use can be reco'ered in .ull and then output taC on the on&oin& non7business use is repaid o'er the li.e o. the asset (capped at 10 years)<
Segmental Analysis
+he Directors are o. the opinion that the roup and the Co"pany ha'e only one class o. business na"ely securin& the obser'ance o. the pro'isions o. the Ani'ersal Declaration o. >u"an $i&hts and other hu"an ri&hts instru"ents throu&hout the -orld<
"eographical segments
7%rope Americas Rest of Iorld E*000 3F120 <otal
E*000 0F185
E*000 01F841
?ol%ntary income
Anrestricted 3%nds 2010 E*000 Restricted 3%nds 2010 E*000 10;1 74 5 79 9 59 <otal 3%nds 2010 E*000 55 ;292 7:1 959 <otal 3%nds 2008 E*000 51; J25 2; 0J7 724
Contributions .ro" sections Additional 'oluntary contributions .ro" sections Donations and be@uests
35;0:3 30J 7
1J 30F003
2 J7 11F11@
272 01F841
11 00F321
MContributions .ro" )ectionsN is stated ha'in& "ade pro'isions a&ainst assess"ent inco"e o. IJ;33J;000< Assess"ent contributions .ro" A1 A2; A1 Canada (En&lish) and A1 Canada (French) are "ade directly to A"nesty 1nternational Charity !i"ited and subse@uently a &rant is "ade to A"nesty 1nternational !i"ited .or charitable acti'ities< +hese contributions are included -ithin the disclosure on MContributions .ro" )ectionsN to re.lect the substance o. the transaction<
Reso%rces eDpended
$otes
Cost of generating f%nds +rust and .oundations &rant .undraisin& +aCation <otal cost of generating f%nds Cost of activities in f%rtherance of the "ro%pJs o&Hectives $esearch and publications Abolition o. torture Ca"pai&nin& <otal activities o'ernance <otal reso%rces eDpended :
Durin& the year ended 31 March 2010; the Co"pany "ade &rants to certain A1 country )ections< rants payable to )ections are considered to be part o. the costs o. acti'ities in .urtherance o. the roupKs ob%ecti'es as such &rants are used by recipients to undertake research; publications and ca"pai&nin& acti'ities<
A"nesty 1nternational !i"ited is liable to corporation taC on in'est"ent inco"e recei'ed durin& the year< +he Co"pany nor"ally pays all o. this inco"e to A"nesty 1nternational Charity !i"ited in the .or" o. a donation under i.t Aid< +his year a taC char&e o. IFil (2004E I1;000) arose on in'est"ent inco"e not co'ered by the donation durin& the last .inancial year< A"nesty 1nternational !i"ited paid additional taC o. IJ;000 in the year< EDA1 is liable to taC on any surplus in accordance -ith )panish taC la- and paid I22;000 (2004E Inil)<
"rants
1n the current and precedin& .inancial years; the Co"pany "ade &rants to certain A1 Country )ections; to be used by recipients to undertake research; publications and ca"pai&nin& acti'ities<
Durin& the year the co"pany "ade 107 &rants totallin& I3;4:9;000 (2004E 90 &rants totallin& I3;::3;000)< Details o. indi'idual &rants are a'ailable .ro" the Co"pany?s re&istered o..ice<
S%pport Costs
"rants paya&le 2010 E*000 9J7 93 1J9 3 J: 22J 1J5 JJ 20J 1F154 Activities 2010 E*000 5;21J 500 1;005 17 3J: 1;3:5 47J 3J2 1;90J 10F310 3%ndraising 2010 E*000 157 15 3J 1 J9 J1 35 12 J0 000 "overnance 2010 E*000 11J 11 27 11 10 50 27 10 9 215 <otal 2010 E*000 J;135 5:: 1;222 32 5:2 1;700 1;140 524 1;:99 12F103 <otal 2008 E*000 5;94: 59J 1;597 29 514 2;032 1;234 214 1;105 11F448
)alaries and e"ploy"ent bene.its Gccupancy costs Pro.essional .ees Publication costs 1n.or"ation technolo&y costs Ad"inistration costs Depreciation 1nsurance Gther costs
A"nesty 1nternational !i"ited in .ul.illin& its ob%ecti'es as described in the directors? report allocates resources to these .our cate&ories o. eCpenditure< )upport costs include pre"ises; co""unication; in.or"ation technolo&y and other &eneral runnin& and "ana&e"ent costs o. the Co"pany< +he support costs are spread o'er the other cate&ories in proportion to the nu"ber o. sta.. en&a&ed in each area<
"overnance Costs
<otal 2010 E*000 551 7 295 79 <otal 2008 E*000 371 7 21J 95
)alaries and e"ploy"ent bene.its Gccupancy costs Pro.essional .ees Publication costs
J 95: 93 1F100
13 915 41 1F351
o'ernance costs consist o. the costs o. the operation o. the 1nternational ECecuti'e Co""ittee alon& -ith its support sta.. and 1nternational Co""ittees; the Finance and Audit Co""ittee; the 1nternational Council Meetin&; audit .ees; operational audit costs and a share o. the support costs<
As indicated in the report o. the Directors; the acti'ities o. A"nesty 1nternational Charity !i"ited are "ostly undertaken on its behal. by the Co"pany< A"nesty 1nternational Charity !i"ited rei"burses the Co"pany .or carryin& on the co""issioned -ork to such eCtent as the directors o. A"nesty 1nternational Charity !i"ited "ay deter"ine in accordance -ith an a&ree"ent .irst si&ned in *une 1442; and recei'es the balance as a donation< +he Co"pany?s directors consider that the ser'ices -hich it has donated to A"nesty 1nternational Charity !i"ited are consistent -ith the ai"s o. the Co"pany< +he Co"pany pro'ided ser'ices to the Charity to the 'alue o. I21;401;000 (2004EI20;9::;000) -hich includes I11;939;000 (2004E I11;503;000) o. costs .or -ork done on behal. o. the Charity .or -hich it -as not rei"bursed and is there.ore &i.ted to the Charity<
10
roup e"ployee costs (includin& director?s e"olu"ents) durin& the year a"ounted toE
1:;475 2;124 1;:73 22;479 )ta.. recruit"ent; trainin& and -el.are 972 23F40@ +he a'era&e nu"ber o. persons e"ployed by the roup durin& the year -as 575 (2004E 559)< Fundraisin& $esearch $elie. Ca"pai&nin& o'ernance )upport 2010 10 145 9 170 12 :2 050
+he allocation o. sta.. to cate&ories o. acti'ity has been re'ie-ed and only sta.. -orkin& -ithin operational support areas ha'e been allocated to M)upportN< +he nu"ber o. e"ployees -hose e"olu"ents durin& the year; includin& taCable bene.its in kind but not e"ployer pension contributions -ere o'er I90;000 -asE
2010 2008
3 1 5 7 7 1 1 1
7 7 3 1 1 1 7 7
+he a&&re&ate 'alue o. co"pany contributions paid to the pension sche"e in respect o. the hi&her paid sta.. eCcludin& the directors o. the co"pany a"ounted to I29;372< +he re"uneration paid to the directors o. the Co"pany a"ounted toE
2010 E*000 1;234 127 1F344 2008 E*000 702 52 500
+he a&&re&ate 'alue o. co"pany contributions paid to the pension sche"e in respect o. Directors? @uali.yin& ser'ices -as I129;77: (2004E I52;135)< )ince the appoint"ent o. ne- directors on 7 February 2010; no directors are accruin& bene.its under the de.ined contribution sche"e (2004E Ei&ht)< Fo directors are accruin& bene.its in relation to the pre'ious de.ined bene.it sche"e (2004E Fone)<
10
+he directors? e"olu"ents sho-n abo'e included the .ollo-in& e"olu"ents and pension contributions .or the hi&hest paid directorE
2010 (I) J33;103 2:;933 2008 (I) 132;540 :;520
irectorsJ travel advances Directors recei'e ad'ances .ro" the Co"pany to co'er tra'el eCpenditure -hilst carryin& out their duties< )o"e o. these a"ounts "ay re"ain unutilised .or periods eCceedin& t-o "onths< As at 31 March 2010; the .ollo-in& tra'el ad'ances in relation to eC7directors o. the co"pany -ere due to L (to be rei"bursed by) the Co"panyE
2010 ,E/ Claudio Cordone ,idney (ro-n Col" / Cuanach0in Marcia Poole Mar% (yler 1rene 2han eor&e Mac.arlane 2ate il"ore
J;959 (2;J25) (1;713) (331) 7 7 7 7
2008 ,E/
J4: (1;93:) (52J) (200) (1;157) 541 (25:) (1;359)
irectorJs loans +he a"ounts disclosed belo- as o-in& .ro" eC7directors are unsecured 0O loans and -ere "ade to enable these indi'iduals to carry out their duties as directors< +he a"ount o-in& .ro" Mar% (yler -as -ith respect to a"ounts loaned .or settle"ent o. A) e"ploy"ent taC liabilities< Durin& the year I1J;020 -as -ritten o.. this loan balance it bein& deter"ined that this a"ount should ha'e been borne by the co"pany and -hich -as not there.ore o-ed by Mar% (yler<
10
irector
1n addition; .ro" February 2010; nine "e"bers o. the 1EC -ere appointed as Directors and incurred I9;71: in tra'el related eCpenditure< +he su" o. I1;457 -as paid to the Ada"s? ra""ar )chool .or the ser'ices o. Mr Peter Pack; the chair"an o. the 1EC<
11 Pension arrangements
+he Co"pany operates a pension sche"e; the A"nesty 1nternational )uperannuation )che"e (A1)); the )che"e)< +he )che"e co"prises t-o sections< +he .irst section contains all e"ployees -ho -ere not "e"bers o. the pre'ious de.ined bene.it sche"e and the Co"pany contributes to it at the standard rate o. 7O o. pensionable salaries; plus an additional 0<:O .or death in ser'ice pre"iu"s and 0<:O .or sche"e eCpenses< +he second section contains all e"ployees; and .or"er e"ployees -ho either ha'e retired or ha'e de.erred bene.its; -ho trans.erred .ro" the pre'ious de.ined bene.it sche"e (A"nesty 1nternational $etire"ents
(ene.its )che"e 6 A1$()); to the current de.ined contribution sche"e in 14::< +hese people ha'e .iCed or .inal salary &uarantees relatin& to ser'ice in the A1$() -hich &uarantees the" a "ini"u" pension and there.ore the Co"pany contributes at enhanced rates .or the"< E"ployees "ay "ake contributions up to a "aCi"u" o. 1JO o. their pensionable earnin&s at their o-n discretion; these additional contributions bein& "atched by the Co"pany to a "aCi"u" o. an additional 3O< +he assets o. the )che"e are held separately .ro" those o. the Co"pany< Current contributions are allocated to "e"bers on a "oney purchase basis< A sectionalisation bet-een the de.ined contribution and the de.ined bene.it ele"ents o. the )che"e -as carried out as at 9 April 2009< +his in'ol'ed the +rustees reclai"in& control o. all assets; includin& the assets in "e"bers? indi'idual "oney purchase account; that are backin& "e"bers? .inal salary &uarantees< +he +rustees no- hold all assets in respect o. "e"bers? .inal salary &uarantees centrally< +he disclosures as at 31 March 200: and 2004 and 2010 are in respect o. the de.ined bene.it ele"ent o. the )che"e only< Care should be taken -hen co"parin& -ith earlier disclosures as the historical practice -as to include the de.ined contribution section< +he pension cost .or the de.ined bene.it sche"e -as I521;000 (2004E I253;000)< +he pension costs .or the de.ined bene.it pension sche"e are treated in accordance -ith F$) 17< +he .ollo-in& ele"ents are char&ed to the )GFAE the ser'ice cost o. pension pro'ision relatin& to the period; toðer -ith the cost o. any bene.its relatin& to past ser'ice (allocated to sta.. costs)D
+he a"ounts reco&nised in the balance sheet and the eCpected rates o. return .or sche"e assets under this 'aluation -ereE
7Dpected long>term rate of ret%rn at 31G3G2010 K E@uities (incl property) (onds (incl cash) +otal .air 'alue o. assets Present 'alue o. sche"e liabilities De.icit in the sche"e A"ounts in the balance sheet !iabilities Assets Fet liability (9;4J:) > (9;4J:) (9;771) > (9;771) (J;0J9) > (J;0J9) 7<J0 5<7J 3air val%e of assets at 31G3G2010 E*000 :;:15 2;447 11;:11 (1:;794) (9;4J:) 7Dpected long>term rate of ret%rn at 31G3G2008 K 7<J0 J<00 3air val%e of assets at 31G3G2008 E*000 J;794 2;229 7;44J (15;799) (9;771) 7Dpected long>term rate of ret%rn at 31G3G200@ K 7<J0 J<J0 3air val%e of assets at 31G3G200@ E*000 9;5J0 2;530 :;::0 (13;439) (J;0J9)
+he Co"pany eCpects to contribute I1;051;:92 to the de.ined bene.it pension sche"e .or the co"in& year< +he cu"ulati'e total o. reco&nised actuarial &ains and losses is I7;1:5;000 as at 31 March 2010 (2004E I9;529;000)
Analy"i" o# t$e amount di"clo"ed a" actuarial gain" and lo""e" on de#ined bene#it pen"ion "c$eme: 2010 E*000 2008 E*000
Actual return less eCpected return on pension sche"e assets Chan&es in assu"ptions underlyin& the present 'alue o. the sche"e liabilities Actuarial (loss)L&ain reco&nised
(2;740) 23 ,2F545/
C$ange" in t$e #air %alue o# t$e "c$eme a""et" are a" #ollo&":
2010 E*000
7;44J J91 2;541 442 (22:) 11F@11
2008 E*000
:;::0 9:: (2;740) 1;24J (7:) 5F881
Gpenin& .air 'alue o. sche"e assets ECpected return Actuarial &ain Additional E"ployer contributions (ene.its paid 3air val%e of scheme assets at the year end
+he additional e"ployer contributions durin& the accountin& period a"ounted to I442;2J0 and the e"ployer is currently eCpected to contribute I1;051;:92 .or the co"in& year<
+he "a%or cate&ories o. sche"e assets as a percenta&e o. total )che"e assets are as .ollo-sE 2010 E@uities (incl property) (onds (incl cash) 7JO 2JO 100O 2010 E*000 +he actual return on the sche"e assets in the year 3;0J2 2008 70O 30O 100O 2008 E*000 (2;102)
+he .ollo-in& table sets out the history o. eCperience &ains and lossesE
+he a"ounts .or the current and pre'ious periods are as
2010 E*000 De.ined bene.it obli&ation )che"e assets )urplus L (de.icit) ECperience ad%ust"ents on sche"e liabilities ECperience ad%ust"ents on sche"e assets (1:;794) 11;:11 (9;4J:) (3;254) 2;541
200@ E*000
2005 E*000
(13;439) (19;212) :;::0 (J;0J9) 3;030 (1;134) :;951 (7;J71) 1;052 347
As detailed abo'e; the roup ad"inisters a closed de.ined bene.it sche"e and operates a de.ined contribution pension sche"e< +he total pension costs .or both durin& the year includin& ad"inistration and other .ees totalled I2;147;000 (2004E I2;157;000)< E"ployer contributions outstandin& at the year end totalled I172;000 (2004E I107;000)<
2010 E*000 Depreciation o. tan&ible .iCed assets Pro.it on disposal o. tan&ible .iCed assets Forei&n eCchan&e losses 1;174 0 1;023
A%ditors Rem%neration
2010 2008
E*000 Fees payable to the &roup?s auditors .or the audit o. the &roup?s annual accounts Fees payable to other auditors Fees payable to the &roup?s auditors .or the audit o. A"nesty 1nternational Charity !i"ited?s annual accounts <otal a%dit fees Gther ser'ices <otal non>a%dit fees 7J 15 13 102 51 01
E*000 49 15 12 122 39 34
E*000
50 (1) 1J (10) 00
5;331 3 :4 7 0F023
39 7 7 7 34
5J 1 9 7 12
34 7 2 7 01
32 7 5 7 34
15F4@0
225
1F@00
340
>
20F053
Company
Motor vehicles
<otal
E*000
E*000
Cost At be&innin& o. year Additions DisposalsL1nsurance proceeds At 31st March 2010 epreciation At be&innin& o. year Char&e .or the year At 31st March 2010 $et 'oo( ?al%e At be&innin& o. year At 31st March 2010 23;972 94 (709) 23F031 5;2:0 :1 7 0F341 2;39: 221 7 2F1@8 37 7 7 35 30;3J7 371 (709) 30F022
1:;J15 15F002
2;103 1F582
574 350
J 1
21;101 18F401
11 Investments in S%&sidiaries
1n'est"ents co"priseE Percent age #6ners hip Cost at 31G03G2010 E*000 Editorial A"nistHa 1nternacional; )<!< sociedad unipersonal A"nesty 1nternational Asia7Paci.ic $e&ional G..ice !i"ited (EDA1) (A1AP$G!) 100O 100O 14 1 20 Cost at 31G03G2008 E*000 14 1 20
1n'est"ents co"prise the purchase cost; less any i"pair"ent in 'alue; as recorded in the .inancial state"ents o. A"nesty 1nternational !i"ited o. the share capital o. each subsidiary co"pany< Editorial A"nistHa 1nternacional; )<!< sociedad unipersonal; a co"pany incorporated in )pain; -as .or"ed in 14:9 .or the purpose o. translatin& A"nesty 1nternational publications into )panish and printin&; publishin& and distributin& translated -orks and other publications -ithin )panish speakin& countries< A"nesty 1nternational Asia7Paci.ic $e&ional G..ice !i"ited; a co"pany incorporated in >on& 2on&; -as .or"ed in 1440 .or the purpose o. or&anisin& the local copyin& and distribution o. A"nesty 1nternational publications< 1t also ser'es as a base .or research and de'elop"ent acti'ities<
A"nesty >u"an $i&hts Foundation !i"ited (A>$F!) is a A2 co"pany li"ited by &uarantee and thus there is no in'est"ent< >o-e'er A>$F! is e..ecti'ely controlled by A"nesty 1nternational !i"ited and is there.ore treated as a subsidiary< A su""ary o. inco"in& resources; resources eCpended; assets; liabilities and .unds .or the subsidiaries is presented belo-E
14
#ther investments
A participatin& interest o. I1;119 is held in the (erlin Ci'il )ociety Center; an or&anisation set up to pro'ide ad'isory and support ser'ices .ro" er"any .or 1nternational Ci'il )ociety Gr&anisations< 1t is not an Associate o. A"nesty 1nternational !i"ited; A1! ha'in& no in'ol'e"ent in the strate&ic operatin& and .inancial policies o. the or&anisation -ith all transactions bein& on a co""ercial basis<
15
"ro%p Finished &oods
Stoc(
2010 E*000 10 2008 E*000 22
1@
e&tors
2008
2008
"ro%p 2010 E*000 A"ount due .ro" A>$F! A"ounts due .ro" )ections Gther debtors Prepay"ents and accrued inco"e > 1;513 441 213 2F415
+he a"ounts due .ro" sections o'er all years include loans to sections< )o"e loans are interest bearin&; -ith rates either bein& .iCed or based on A2 !1(G$; and all ha'e indi'idual repay"ent schedules endin& .ro" -ithin the neCt .inancial year to durin& 2011<
"ro%p 2010 E*000 (ank loans and o'erdra.ts Gther loans (.ro" )ections) +rade creditors !ennartB accountin& #A+ a"ount Gbli&ations under .inance leases Prepaid &rant .ro" A1C! De.erred contributions .ro" )ections +aCation and social security Gther creditors Accruals 1;144 1;195 4J1 194 J4 7 2;033 J:9 310 1;3:5 5F@11 2004 I?000 1;203 :J9 42J 195 5J0 41: 1;595 579 249 1;952 @F380
Company 2010 E*000 1;1:0 1;195 :19 194 J4 7 2;033 J33 310 1;3:5 5F40@ 2004 I?000 1;1J7 :J9 42J 195 5J0 41: 1;595 579 2:7 1;935 @F331
+he "o'e"ent on the de.erred contributions .ro" )ections .or both the is as .ollo-sE
2010 E*000 De.erred contributions .ro" )ections balance at 1 April 1nco"e recei'ed 1nco"e released to state"ent o. .inancial acti'ities De.erred contributions .ro" )ections balance at 31 March 1F040 5J;355 (55;77J) 2F033
EDA1 has a "ort&a&e -ith (anco Central >ispanoa"ericano; )<A< .or the purchase o. its o..ices< +he R210;3J0 (I150;000) loan -as taken out on 15 April 1444 .or a period o. 12 years< +he loan liability as at 31 March 2010 totals I2J;:11 (2004EI33;077)< 1nterest is payable at M1(G$ (Madrid 1nterbank G..ered $ate) plus 0<7JO; re'ised on the anni'ersary o. the loan and -as 3<JO at the year end< +he book 'alue o. the o..ice pre"ises totals R293;000 (I23J;000) as at 31 March 2010 and hence the proportion o. the "ort&a&e to the 'alue o. the asset "ort&a&ed is J4<95O< +he Co"pany had a re'ol'in& credit line o. I1;7J0;000 -ith >)(C (ank plc at the year end< +his .acility -as secured by -ay o. a char&e a&ainst the .reehold properties at 177 and 2:737 Easton )treet< At the year7end IFil -as dra-n do-n on this .acility (2004E IFil)< )ince the balance sheet date this re'ol'in& credit line has been re"o'ed; it no lon&er bein& re@uired<
+he interest rate on the bank loan is 1<JO o'er the bank?s (ase $ate< +he bank loan is repayable as .ollo-sE
"ro%p 2010 E*000 ,ithin one year (et-een t-o and .i'e years <otal &an( loan Company 2010 E*000
1;144 307
1F104
1;1:0 24J
1F051
+he security .or the bank loan is a le&al char&e &i'en by the Co"pany on .reehold properties at 2: 737 and 177 Easton )treet; !ondonD 5J757 $oseberry A'enue and 2J; 29; and 27 Easton )treet; !ondon< +he loans .ro" sections are all unsecured and interest bearin& at .iCed rates ran&in& .ro" 2O to 3O or 'ariable at 1O abo'e A2 !1(G$< +he loans are scheduled .or repay"ent at di..erent ti"es<
20 Creditors! amo%nts falling d%e after more than one year > contin%ed
!ennartB #A+ is repayable as .ollo-sE
"ro%p 2010 E*000 ,ithin one year (et-een t-o and .i'e years A.ter .i'e years Company 2010 E*000
21
"ro%p
Provisions
Restr%ct%ring EJ000 #ther EJ000 1;330 (951) 4@8 <#<AL EJ000 1;907 (527) 1F1@0
At 1 April 2004 Char&ed L $eleased to the state"ent o. .inancial acti'ities At 31 March 2010
Restr%ct%ring Provision +he restructurin& pro'ision relates to e"ployee se'erance costs to be incurred as part o. the re7 or&anisation o. certain depart"ents o. A"nesty 1nternational !i"ited< 1t is eCpected that the "a%ority o. this eCpenditure -ill be incurred in the neCt 12 "onths< #ther Provisions +he other pro'ision balance as at 31 March 2010 relates to the pro'ision .or holiday pay ( roupE I9:4;000; Co"panyE I9:4;000) +he pro'ision .or holiday pay represents present obli&ations resultin& .ro" e"ployeesK ser'ices pro'ided to the balance sheet date; calculated based upon re"uneration rates that A"nesty 1nternational !i"ited eCpects to pay and -hich are eCpected to be settled -ithin 12 "onths o. the balance sheet date<
22
"ro%p
Company
Anrestricted f%nds EJ000 Fund balances at 31 March 2010 are represented byE +an&ible .iCed assets Current assets Current and lon& ter" liabilities and pro'isions Pension liability 14;929 :;131 (11;570) (9;4J:)
<otal EJ000
7 751 7 7
8F328
501
10F050
22
"ro%p Restricted f%nds +he restricted .unds are .unds &i'en .or speci.ic purposes< +he "o'e"ents on the restricted .unds durin& the year -ere as .ollo-sE <ransfer fromG,to/ %nrestricted f%nds
7 7 7 7 7 7 7 7 (951) 7 7 7 (7) 7 (4)
1 April 2008
A1 For-ay A"erican *e-ish ,orld )er'ice A1 Den"ark EuropeAid A1 Finland >u"an $i&hts Place"ent Fund A1 France A1 er"any >u"an $i&hts Foundation 7 Make )o"e Foise 2a"pala >u"an $i&hts De.enders Mauro +unes MacArthur Foundation (Mosco-) Ma%or Pro%ectsE )tandin& Fund .ro" )ections A1 A)AE ,ar on +error Ficholas Ca&e (A.rica Pro%ects) De.enders 7 7 31 7 7 10 201 7 75: (4) 7 1: 7 (7) 4
Income
93 120 20 251 4 7 1:J 1: 255 7 197 42 7 7 7
7Dpendit%re
91 1: J1 5 4 7 2:J 1: 20: 1 7 :: 7 7 7
31 March 2010
2 102 7 237 7 10 101 7 153 (10) 197 22 7 7 7
J1 7 7 12 7 99 7 7 7: 13 10;174 11F11@
7 7 54 7 7 7 7 705 7 7 7 103
35 1 7 7 1 5 (9) 9 7 70 7 @@0
AI $or6ay +he &roup recei'ed .unds .ro" the A1 For-ay )ection durin& the year totallin& I93;000< +his .und is considered restricted as it "ay only be used .or the A"nesty 1nternational >u"an $i&hts De.enders in Mosco- pro%ect; A"nesty 1nternational?s hu"an ri&hts education -ork and the -ork o. the 1nternational Mobilisation +rust<
22
+he 1nternational Mobilisation +rust (1M+) is a pro%ect operated -ithin A"nesty 1nternational !i"ited speci.ically to support the de'elop"ent o. operations in s"aller A"nesty sections and structures particularly in the lobal )outh and East< American =e6ish Iorld Service +he &roup recei'ed .unds .ro" the A"erican *e-ish ,orld )er'ice durin& the year totallin& I120;000< +his .und is considered restricted as it "ay only be used to .und A"nesty 1nternational?s !esbian; ay; (iseCual and +rans&ender pro&ra""e< AI enmar( +he &roup recei'ed .unds .ro" the A1 Den"ark )ection durin& the year totallin& I20;000< +his .und is considered restricted as it "ay only be used to .und the -ork o. the 1nternational Mobilisation +rust< 7%ropeAid +he &roup recei'ed .unds .ro" EuropeAid durin& the year totallin& I251;000< +his .und is considered restricted as it "ay only be used to .und A"nesty 1nternational?s Education .or >u"an Di&nity pro%ect -hich runs .ro" 1 March 2010 to 2: February 2013< AI 3inland +he &roup recei'ed .unds .ro" the A1 Finland )ection durin& the year totallin& I4;000< +his .und is considered restricted as it "ay only be used to .und the -ork o. the 1nternational Mobilisation +rust< AI 3rance +he &roup recei'ed .unds .ro" the A1 France )ection durin& the year totallin& I1:J;000< +his .und is considered restricted as it "ay only be used .or certain A"nesty 1nternational pro%ects includin& Econo"ic $elations; eor&ia Crisis; eor&ia E)C$ o. 1nternally Displaced People and Si"bab-e >u"an $i&hts De.enders a"on&st others<
AI "ermany +he &roup recei'ed .unds .ro" the A1 er"any )ection durin& the year totallin& I1:;000< +his .und is considered restricted as it "ay only be used to .und the -ork o. the 1nternational Mobilisation +rust< 2%man Rights 3o%ndation +he &roup recei'ed .unds .ro" A"nesty >u"an $i&hts Foundation durin& the year totallin& I255;000< +his .und is considered restricted as it "ay only be used .or the ad'ance"ent o. A"nesty 1nternational?s Ani'ersal Declaration o. >u"an $i&hts Ca"pai&n by lobbyin& .or the speedy deploy"ent o. a peacekeepin& .orce to Dar.ur and the .unds and e@uip"ent to support the "ission and the arrest o. )udanese o..icials indicted .or -ar cri"es by the 1nternational Cri"inal Court (Mthe Dar.ur Pro%ectN)< Lampala 2%man Rights efenders +he &roup recei'es .unds .ro" 'arious A"nesty 1nternational )ections to be used solely .or pro'ision o. relie. to needy 'icti"s o. breaches o. hu"an ri&hts< +he .und balance is in de.icit as at 31 March 2010 as resources eCpended in the current year eCceeded inco"in& resources< +he de.icit balance o. the .und is eCpected to be reco'ered by inco"e recei'ed in the .uture< Ma%ro <%nes +he &roup recei'ed .unds .ro" Mauro +unes durin& the year totallin& I197;000< +his .und is considered restricted as it "ay only be used to .und A"nesty 1nternational?s pro&ra""e o. -ork on the A"ericas bet-een 1 April 2010 and 31 March 2011<
certain A"nesty 1nternational pro%ects (Colo"bia Econo"ic Actors and Si"bab-e >u"an $i&hts De.enders) and to .und the -ork o. the 1nternational Mobilisation +rust< AI Anited Lingdom +he &roup recei'ed .unds .ro" the A1 Anited 2in&do" )ection durin& the year totallin& I7:;000< +his .und is considered restricted as it "ay only be used .or A"nesty 1nternational?s QAssess"ent to Distribution? task.orce< ?ang%ard Charita&le 7ndo6ment Program +he &roup recei'ed .unds .ro" the #an&uard Charitable Endo-"ent Pro&ra" durin& the year totallin& I13;000< +his .und is considered restricted as it "ay only be used to .und A"nesty 1nternational?s Discri"ination in Europe pro&ra""e< Relief 3%nds +his .und is considered restricted as it "ay only be used to pro'ide relie. assistance to prisoners o. conscience or 'icti"s o. other serious hu"an ri&hts 'iolations -ho ha'e not used or ad'ocated 'iolence< A trans.er .ro" unrestricted .unds in the year has re"o'ed the de.icit balance .ro" the pre'ious .inancial year; no "ore inco"e bein& eCpected in the .uture< AI Charity +he &roup recei'ed .unds .ro" the Charity durin& this year .or -ork per.or"ed by the Co"pany on behal. o. the Charity (see note 4)< +his .und is considered restricted as it "ay only be used to .und charitable acti'ities<
"ro%p 2010 E*000 ,ithin one year ,ithin t-o to .i'e years J4 JJ 115 2008 E*000 5J0 110 J90
Co""it"ents under operatin& leases to pay rentals durin& the year .ollo-in& the year o. these accounts .or the roup are &i'en in the table belo-; analysed to the period in -hich the lease eCpiresE
"ro%p
+he co"pany held no co""it"ents under operatin& leases as at 31 March 2010 (2004E Inil)<
Section
<otal ,E/
92;20: 34;394 19:;J:7 193;345 2J;1:3 J:;:J2 17J;749 55;909 107;3J3 34;231 143;413 55;:02 252;050 144;74: 79;::: 70;:0: 9;5JJ
A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1
Ar&entina (enin (urkina Faso Chile Cote DK1'oire hana P. Mali Mauritius MeCico Mon&olia Morocco Fepal Para&uay Peru Philippines Poland Puerto $ico
52;7:1 1J;:7J J2;459 25;J5J 2J;1:4 59;4:5 24;349 1J0;447 54;:2J 2F115F@21
All co""it"ents are payable -ithin t-el'e "onths< A"nesty has entered into nine .or-ard eCchan&e contracts durin& the year to hed&e .or-ard currency eCposure on .uture pro&ra""e eCpenditure< +hese contracts to purchase Euros (R) usin& )terlin& ( (P) are each .or one "onth at RL (P rates bet-een 1<1500 and 1<1520< At the balance sheet date a co"bined purchase 'alue o. R11;700;000 re"ained on these nine contracts representin& around 70O o. .orecast R inco"e to Dece"ber 2010< )ecurity is re@uired by the A2 clearin& counterparty .or these contracts and is pro'ided under an a&ree"ent rene-ed in 2004 on the .reehold property held by A"nesty at Easton )treet; !ondon< +his a&ree"ent allo-s A"nesty to hed&e an ele"ent o. its currency eCposure throu&h the use o. .or-ard eCchan&e contracts; -hilst not dra-in& on cash holdin&s to support collateral re@uire"ents<
2010 E*000 Fet "o'e"ent in .unds Currency translation di..erence Depreciation ain on disposal o. .iCed assets (1ncrease)Ldecrease in stocks (1ncrease) decrease in debtors 1ncrease L (decrease )in creditors 1ncreaseL(decrease) in pro'isions 1ncreaseL(decrease) in pensions liability 1n'est"ent inco"e 1nterest payable +aCation $et cash inflo6 from operating activities 543 19 1;174 0 12 1;03: (3JJ) (527) 1:7 (J:) 319 27 2F02@
2008 E*000 1;007 (109) 1;2:5 (J) (J) (1;003) 1;352 2:7 1;71J (129) 5:2 1 0F@53
2010 E*000 1ncrease in cash and cash e@ui'alents in the year Cash in.lo-L(out.lo-) .ro" increase in debt and lease .inancin& Movement in net f%nds $et f%ndsG,deficit/ at 1 April $et f%ndsG,deficit/ at 31 March :04 1;7JJ 2F140 54 2F400
25
Debt due a.ter one year Debt due -ithin one year Finance leases due a.ter one year Finance leases due -ithin one year
54
2F140
2F400