Page 73 - Operation Lifesaver Estonia Annual Report 2011

Railway Safety in Estonia - 71 - Annual Report 2011
Note 5: Grants and donations
,Q (XURV ¬
2011 2010
Grants and donations related to income 9 500 15 978
Amortisation of deferred income of grants and donations
related to assets
6 913 6 175
Total grants and donations 16 413 22 153
Note 6: Labor expense
,Q (XURV ¬
2011 2010
Wage and salary expense 31 272 32 077
Social security taxes 10 758 10 947
Total labor expense 42 030 43 024
Average number of employees in full time
equivalent units
3 3
Auditor’s statement
We find that the annual accounts enclosed reflect
the financial situation of non-profit organisation
Operation Lifesaver Estonia in all material aspects
as at 31 December 2011, as well as the financial
results and cash flows in accordance with the
Estonian good accounting practices.
Liili Kask
Sworn Auditor number 206
Balti Audit OÜ
Activity license number 148
Lootsi 11, Tallinn 10151
17 April 2012 The compliance of Operation Lifesaver Estonia’s
activities with ISO 9001:2008 standard is audited by
AS Metrosert.