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Despite the challenging environment for raising funds for conservation projects in 2010, Fauna & Flora International’s income has been maintained at £12.8m, with restricted income showing a growth of 4%.
Total expenditure grew considerably to £14.15m, an increase of 18% on 2009. This has reduced restricted reserves held at the end of the year to almost £4.1m, still providing a strong platform for continued conservation outcomes.
We continue to manage our operations tightly and in 2010, 86% of our expenditure was directed at delivering and supporting our programme of work, with careful control exerted over our support costs to be able to achieve this. However, we do recognise that investment in fundraising, systems and processes is always required, and we will seek to support these areas further as unrestricted income grows.
Although we have seen some reduction in total reserves in the year, we are pleased to be able to report another year of positive contribution to unrestricted reserves, bringing the balance to £218, 000. We are targeting significant improvement in this
over the next few years in order to provide the organisation with greater resilience and flexibility across our portfolio of conservation and support activity.
We are very pleased to have had such a successful year in conservation, supported by a strong financial performance. We look forward to the continued participation of our supporters as we respond to the challenges in delivering real conservation benefits to a wide variety of species and habitats globally.
Download our Annual Review for 2010 (PDF)
Download our full Report and Financial Statements for 2010 (PDF)
Download our full Report and Financial Statements for 2009 (PDF)
Download our full Report and Financial Statements for 2008 (PDF)
Download our full Report and Financial Statements for 2007 (PDF)
Account details for FFI US can be found on the FFI US Accounts page.