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Voice of Peace on Air

Annual REPORT

2018 Voice of Peace on Air

during our international congress in October 2018 During the year considered Methodological Note in , once more we experienced the universal di- in this report, the commit- mension of Radio Maria thank to the presence of ment in Africa and in Asia For this seventh edition of the Annual Report in- delegations of more than 84 countries. This annual continued tirelessly. Further- formation were taken from several World Family’s report shows clearly the numbers of such worldwide more it caused an expansion of departments and individuals: development of World Family of Radio Maria Onlus. activities in new countries as more > Administration The great value of the common vision comes from local Dioceses and associations requested for a part- > Communication managers serving people through partnerships with local asso- nership with World Family of Radio Maria Onlus. We > Technical Services ciations, ecclesial institutions and receiving contribu- realized a new radio in , in and in > Continental Managers tions and support from people of good will in all the and in the next future we will concentrate to contin- continents. ue to develop new projects in Middle East and Africa where already our staff have being working on feasi- The information contained herein comes from the DPersonal and spiritual growth are essential compo- bility studies. following sources: nents of the development process and the fact that Since its foundation, World Family of Radio Maria > Minutes of the meetings and of the Board Radio Maria promotes local cultures ensures the Onlus is engaged with many projects in Developing > Letters, e-mails and communications to and from development of human being in its universal rights Countries, with several no profit partners mostly Ngos the stakeholders and values where communication plays an important on the fields. In the last years like in 2018, our work > The Association’s management documents training role. was particularly oriented to the regions of the World > Reports from head of departments We invested time and funds to consolidate and ex- with dramatic conflicts: we really respond to the call > Reports from partners and local offices pand the radio frequency network and to develop from local population and communities by helping digital tools that our partners may use to keep on institutions, working directly with local Catholic Dio- The document was approved by the General As- communicating to their listeners and followers in a ceses. This makes the work of World Family of Radio sembly held on 27th of June 2019 and will be dis- state-of-the-art way, even where economic and social Maria Onlus really unique in the panorama of com- tributed by means of circulars, newsletters and circumstances make it generally more difficult. munication being in the first line to give hope to the through the World Family’s institutional website. We reached the goal of a 3 years project: practically really forgotten people of our society and of the least The Annual Report refers to the World Family of Ra- all of our partners are already present in smartphones region of the world. dio Maria ONLUS, and also contains a few pieces of application and in the web and in social media in- information concerning its main stakeholders, which cluding especially developing countries in Africa, are mainly Associations from several countries. Asia, Latina America and also in East Europe, assisting Vittorio Viccardi them to reach millions of people with their message WFRM President of peace, respect, brotherhood and responsible citi- zenship.

______

The Annual Report is edited by: Paolo Taffuri and Matteo Guerra

With the collaboration of: Vittorio Viccardi, Walter Vulcano, Davide Tornatora, Marta Donati

Photo: World Family and Radio Maria staff worldwide Paolo Patruno, www.paolopatrunophoto.org

Graphic Design: Paolo Marchetti

3 WHO WE ARE THE PROJECTS 18 6 OUR FAMILY OUR NUMBERS

10 28 4 5 History, Mission and Identity

world family of radio maria was founded and reg- istered in Italy in 1998 as a non-profit association to help people from several countries in the world to develop locally the Radio Maria project. In fact the The Mission Radio Mara Italy was receiving many requests from Bishops, clergy and lay people to have the same kind of radio and programs in their own country. To assist and help, through Therefore World Family of Radio Maria was reg- its own services, the diffusion istered with the specific task to respond to such of the Radio Maria Project calls and work with local partners for Evangeliza- tion and development through communication. throughout the world, specifically Info W providing assistance to developing Registered Office countries in order to create Roma, via Rusticucci 13 › Socio–cultural–educational area a local organizational culture within the scope of the means Headquarter through the implementation Erba, via Valassina 40 of communication projects aimed of communication and their at development related activities. Continental Offices AFRICA: Dar es Salaam in › Professional training area AMERICA: New York in USA through the implementation of and City in Guatemala technical training projects in the field of social communication Type of Organization O.N.L.U.S (Organizzazione › Support initiatives to face crisis 1987 Non Lucrativa di Utilità First Radio Maria was born in Italy Sociale) and/or emergencies especially Non for profit organization availing know-how about of social utility telecommunications 1993 Participation to First Radio Maria in Africa, International Organizations ECOSOC (United Nations Economic and Social World Family has the task of supporting non for profit Counsel) radios and organizations in four areas: editorial pro- 1996 duction, associative and administrative management, First Radio Maria in Latin America, promotion and dissemination. Besides, it works with other organizations in developing countries to im- prove the life of people. Its presence in the panorama 1998 of international cooperation has always underlined the importance of good communication for the de- World Family of Radio Maria was born velopment of the integral human being. The recipients of such activities are mainly local or- ganizations in over 50 countries, most of them are de- 2002 veloping in Africa, Latin America, Middle East, Eastern First Radio Maria in Asia, WHO WE ARE Europe and Asia. The Association operates according to codes of con- duct that consolidated through the years, and specif- ically with no commercial, advertising or sponsorship 2007 contribution whatsoever. First Radio Maria in Oceania, Papua New

6 7 Below is a list of the Board meetings and their agendas during the year 2018:

Governance DATE OF BOARD MEETINGS AGENDA

26.01.2018 1— Fix membership fee 2018 2— Any Other Business

26.04.2018 1— Approval of financial statement for the year ended 31st December 2017 2— Next general meeting convocation during the course of the year 2018, the Association 16th of October 3— Any other business convened two general meeting on 30th of May and on 1) Congress recommendations; 29.05.2018 1— Approval of Financial Statement for the year ended on 31st of December 2017 th 16 of October 2018 with following agendas: 2) Election of the new Board of Directors; 2— Approval of the Budget 2018 3) Any other business. 3— Worldwide Congress in Collevalenza 30th of May 4— New Members 1) Report of the Board of Directors; Pursuant to art. 9 of the Bylaws, the Board of Direc- 5— Any other business 2) Approval of financial statements for the year end- tors is appointed by the General Meeting. The current 13.09.2018 1— Next General Assembly Convocation ed 31st December 2017; Board was appointed during the General Assembly 2— Any other business th 3) Approval of the Social Balance Sheet 2017; held on 16 of October 2018. 12.10.2018 1— Activities at the Congress in Collevalenza 4) Approval of the Budget 2018; 2— General Assembly on 16th of October 5) Any other items. 3— List of candidates for election of new Board 4— Conferring power of attorney for succession matters D 5— Any other business 16.10.2018 1— Election of President and Vice-president 2— Conferring powers to President and Vice-President 3— Congress resolutions World Family of Radio Maria Organigram 4— Any other business 04.12.2018 1— Congress in Collevalenza 2018: Resolutions and Action Plans 2— Balance sheet at 31.12.2018 3— Budget 2019 Board of Directors 4— Continental activities and services 5— Mariathon 2019 6— Any other business

EXCOM Stakeholders’ Map

Past President President Director Advisor International INSTITUTIONAL donor Insitutions ACTIVITY Vatican States/Governments Partner Ngos Local Churches/Dioceses Network Services Operation Activity Administration Presidency Secretariat Support Editorial Schedule Program Resp. Network Coordinator Finance Legal Officer Fundraising Activity Services

WF ASSOCIATED MEMBERS IT Suppliers Database WF STAFFAND Radio Frequency Continental Administration & Reporting Editorial Africa Editorial Radio VOLUNTEERS Donors Department Rapresentatives Office Support Services Service Partners Universities CONTINENTAL OFFICES Technical Audio Frequency Campaign Editorial Logistic Students of Peace Department Mailing Secretary Task Force STRATEGIC SERVICES Journalism ACTIVITIES Listeners Consultants

Remote Control Training Support Satellite Supplier Suppliers ACTIVITY PROJECTS

Streaming&Mobile IT Technology Services

8 9 OUR FAMILY

10 11 30 Marijos Radijas

The Network 31 Radio Maria Rwanda

32 Udruzenje Marija

33 Asociacion Radio Maria

34 Radio Maria Burundi

the members of world family of radio maria onlus are, pursu- 35 Associacao Radio Maria do Brazil ant to the Bylaws, individual not-for-profit associations. At the end of 2018, there were 71 members, five new members were 36 Mária Rádió Közhasznú Egyesület accepted during the year, one of them resulting from merge of 37 Asociatia Radio Maria Erdely an existing member (Amigos de Radio Maria Inc.) with another association in the same country, therefore changing the name 38 Radio Maria to the organization in USA Radio Maria Spanish. 39 Radio Maria Zambia

40 Asociacion Civil Radio Maria

41 Association Maria Congo Congo

NAME COUNTRY OF THE REGISTRED OFFICE 42 Radio Maria Inc. Dominican Rep. T1 Radio Maria APS Italy 43 Friends of Radio Maria Inc. USA 2 Asociacion Radio Maria Perù 44 Radio Maria Canada

3 Asociacion Radio Maria de Colombia 45 Radio Maria Südtirol Italy

4 Udruga Radio Marija 46 Radio Maria the The Netherlands

5 Radju Marija Malta 47 Radio Maria Inc. Papua New Guinea

6 Internationale Christiche Rundfunkgemeinschaft e.v. 48 Association Radio Maria Centrafrique Central African Rep.

7 Fondo Radio Maria 49 Asociatia Radio Maria Romania

8 Radio Maria Österreich 50 Radio Maria Kenya

9 Fundacion Radio Maria 51 Perkumpulan Radio Maria Indonesia

10 Asociacion Radio Maria Guatemala 52 Radio Maria Gabon

11 Radio Maria Uganda 53 International Charitable Organization Radio Maria

12 Asociacion Radio Maria 54 Radio Maria Deutschschweiz

13 Asociacion Radio Maria 55 Udruga Radio Marjia

14 Radio Maria France 56 Radio Maria VZW

15 Asociacion Radio Maria 57 Marafiki wa Radio Maria Tanzania

16 Radio Maria Inc. USA 58 Radio Maria Republique Democratique du Congo Democratic Republic of Congo

17 Association Radio Maria Togo 59 Radio Maria Cameroun Camerun

18 Corporacion Radio Maria 60 Association Radio Maria

19 Association of Radio Maria Malawi 61 Radio Marija Latvija

20 Associacao Radio Maria Moçambique 62 Radio Maria Ireland LTD Ireland

21 Asociacion Radio Maria 63 Radio Marija Macedonija Macedonia

22 Radio Maria Foundation Inc. Philippines 64 Za Nasu Radio Mariju Serbia

23 Radio Maria Burkina Burkina Faso 65 Shoqata Radio Maria Kosova

24 Asociacion Civil Radio Maria 66 Radio Maria Guinea Ecuatorial Guinea Ecuatorial

25 Radio Maria 67 Associazione Radio Maria Slovensko

26 Radio Maria A.C. 68 Association Radio Maria Madagascar

27 Asociacion Radio Maria 69 USA Spanish USA

28 Asociacion Radio Maria 70 Private Informational Foundation Radio RM

29 Radio Maria Sierra Leone 71 Radio Maria Lesotho Association Lesotho

12 13 Pursuant to art. 9 of the Bylaws, the Board of Directors is appointed by the General Meeting for a three-year term. The current Board was elected on 18th of October 2018. The members are 12 and reflect the interna- Total Number of Employees Age Groups tional nature of the Association, since they come from 10 different countries: 20 (16 men + 4 women) Less than 30 years old 1 Between 30 and 39 years old 7 Between 40 and 49 years old 5 Board Members 50 and above 7

NAME AND SURNAME COUNTRY ROLE

Vittorio Viccardi Italy President

Alicia Del Cid Guatemala Vice president

Emanuele Ferrario Italy Councilor

Fr. Livio Fanzaga Italy Councilor

Lukas Bonelli Austria Councilor

Fr Roger Wawa Democratic Republic of Congo Councilor

Humphry Julius Kira Tanzania Councilor

Fr. Raymond Cruz Philippines Councilor

Patricio Canto Chile Councilor

Fr. Jorge Antonio Luna Casillas Mexico Councilor

Mukdin Markus Turnip Indonesia Councilor

Fr. Alecksey Samsonov Ukraina Councilor Total Number of Volunteers

Board members are volunteers therefore they don’t receive any payment or allowance during their term in office. 84 (56 men + 28 women) (71 Abroad + 13 in Italy) The minutes of the Board of Directors and Directive Councils’ meetings are made available to the members and kept on file at the administrative offices in Erba (Como), at the address of Via Valassina 40. WF has volunteers in Italy and abroad: in Italy they are active in the two offices in Rome and Erba, while abroad they are involved in projects and activities that WF carries out.

14 15 Outsourcing Contracts

As WF provides high technological services to many partners, it hires consultants and firms which assure high quality standards of such services. The main servies are: • Satellite connection for radios • Online streaming • Web related services • Radio Frequency technical assistance (Techcnical Task Force)

Streaming To allow radios to be heard via Frequency Technical Support To help radios maintain efficiently their networks Satellite Link To allow radios to broadcast in wider areas

Fund Raising Tools and Database Website Support To help partners to manage efficiently To help radios their contacts in developing countries to start and run their web sites Intranet platform To improve communication and information exchange among partners

Worldwide Congress Continental Conferences Every three years To help personnel to grow together and volunteers as the family to grow professionally of Radio Maria in the world and to boost family spirit beyond their boundaries

16 17 Voice to the Voiceless

Languages spoken Countries where in the different Radio Maria is present programs56

Radio Maria world family worked in in more then 70 countries in the world. In the year 2018 there were 54 projects in progress, here we report few 74 of them, chosen for their particular importance in the nations country and the impact they have on the people who benefit 7 networks from them. with different World Family is committed to give voice to the voiceless supporting her Wpartners to assist those categories of peo- 22 other local ple who are forgotten or hidden by the society. sub-stations This concerns both ethnical minorities and people in Africa living in rural areas like in Congo, Guatemala, Ugan- da, Papua New Guinee, Tanzania, Mozambique, Sier- ra Leone, Romania, Kosovo and also social divisions helping partners to fill the gap between the wealthy and the poor by involving the latter in communica- tion and education activities like in , in Sierra Repeaters Leone, in Rwanda, in Burundi, in Brazil. 1,926 of which 360 DAB

Population reached in FM and DAB by Radio Maria THE PROJECTS about 570 million

18 19 54 active projects in 2018 Strengthening Structures Camerun for Social Communication

Some our most significant projects Where: Youndé and Edea, Camerun Partner: Association Radio Mara Camerun

Development of a people passes also Communication for Peace. through the cultural development. WF supports Radio Maria Camerun in its ed- At the Service of People ucational initiatives aimed at spreading a Angola culture of integration and cohesion. The radio offers programs realized by local Where: Luanda and Viana, Angola personalities and volunteers spreading Partners: Diocese of Viana, Associaçao Radio Maria knowledge about local culture. A particular attention is given to some of As the Diocese of Viana covers more than 2,5 milion For the ones who are more in need, the radio will or- the vulnerable category of people like people in the outskirt of the capital, the Bishop re- ganize a free consultancy service with psychologists. minors (children and teenagers) and aged quested to have Radio Maria in order to help the Church The radio started its operation on 19th of December people, who more than other follow such with the Evangelization and the educational work. In 2018. programs. WF is supporting by providing Viana suburbs most of people are low structural interventions at the headquarter income citizens, and many among them and on the network of the radio. are vulnerable people. The radio aims at addressing the social and cultural needs of this part of the populations, by broadcasting programs that help individuals and families improve their lives. In particular radio programs giv- en by psychologists, doctors and social workers will help all those people who don’t usually have access to such ser- vices offered by private and public clin- Project for the Integration ics. In the anonymity of the listenership through Social Communication vulnerable people will have chance to receive useful information. Mozambique Where: Mozambique, regions of Maputo, Gaza, Inhambane Partner: Diocese of Quelimane, Radio Maria Mozambique

Diocese of Quelimane requested to have a section Disclosing Kibeho to the World. of Radio Maria Mozambique. In fact this reaches at the moment only the three southern province of the Social Communication Infrastructure country: Maputo, Gaza and Inhambane. Including Rwanda Quelimane, a city located in Zambezia, in the central part of the country which was affected by floods in Where: Kibeho, Rwanda recent time, in a wider Catholic network, means to Partner: Sanctuary of Kibeho contribute to build a national sentiment of the Catho- lics in Mozambique. In Quelimane people speak a In collaboration with the Sanctuary of Kibeho run by different then in the southern Mozambique, Pallottinian Fathers, WF has activated a studio which therefore a small studio will be installed in order to serves to spread the word of the Mother of the Verb promote local culture and integrate it with the rest of from Rwanda to the world. Following the apparitions the network. Producing educational and cultural pro- of the Virgin Mary in the 80s in Kibeho, thousands of grams is a way to promote people and their heritage pilgrims visit the Sanctuary every month. Radio Maria integrating them in a nationwide vision. studio in Kibeho will be at the service of all radios which will link up to get programs directly produced at the sanctuary. Through the waves the message of conversion, peace and love will be spread rapidly to millions of people in the world.

20 21 Give Voice to the Voiceless. A Project A Dialogue for Peace for Social Communication in Abuja Where: Aleppo and Damasco, Siria Siria Partners: Maronite Diocese of Aleppo, Greek Catholic Patriar- Nigeria Where: Abuja, Nigeria chate and Catholic Archdiocese of Damasco, Association Peace Partner: Archdiocese of Abuja and Reconciliation

In response to the need of the Archdio- The need for Christians in Siria, minority in the country, cese of Abuja to have a media which can not to be isolated but integrated in a wider communi- disseminate radio programs aimed at ty is at the foundation of this project. Mani Dioceses improving spiritual, emotional and social are connected to Radio Mariam, an international web life of people living in Abuja, in particular radio in Arabic language, and in that way they active- the vulnerable ones. ly participate to the programs of the radio, not only is a valid alternative to official education by praying from their Parishes, but also by producing which is not accessible by the poorest in spiritual and educational programs which are aired by the society. WF is setting the foundations Radio Mariam. The methodology used in this project to of a radio, supporting in the acquisition build peace in Siria is giving opportunities to dialogue of frequencies, installation of equipment, with Sirian Christians with those of other Middle East training people involved in the project. countries and boosting the spiritual and social growth Population in Abuja is more than 3 million of listeners and volunteers in Aleppo and Damasco. people, 15% of them are Catholics.

A Voice of Peace in Erbil Communicate to Inform and Protect Vulnerable People Iraq Where: Erbil, Iraq Partners: Diocese of Erbil, Association Peace and Reconcilia- Where: Honduras tion, Charity and Peace Organization for Culture and Media Partner: Associacion Radio Maria Honduras

Peace, reconciliation and integration are the objec- In a society where violence is present at many lev- tives of this project located in Erbil in the northern el, Radio Maria Honduras started activities to in- part of a country where the population has lived in crease knowledge about non-violence, tolerance fear and danger for decades because of war and and non-abusive behaviors. Beneficiaries are in par- Islamic extremism. Radio Mariam in Erbil is the ticular two categories of vulnerable people: children first Catholic radio in Iraq and a point of reference and old, who are normally among the most abused. among the social communication means for those The project intends to diffuse knowledge which will Christians which are persecuted and live in minor- boost habits to bettering personal communication ity. Programs aired by Radio Mariam are followed in families and in schools. Non-abusive behaviors not only by Catholics but also by people of differ- start with non-abusive language: communication ent religions and denominations that find in them experts share methods and technics for a better way words of hope, love and consolation. to live human relationships in the daily life.

22 23 Some areas of social technical Sectors of development to which World Family and educational projects and her partners are committed in order to improve life of people Manufacture/supply, Assistance and production conditions assembly services

On site visits by skilled personnel; Assembling equipment, production and transmission systems; Feasibility studies; Final testing; Technical projects; Conformity of standard Training programmes; to international law requirements Provision of equipment Health Education

Training Empowerment of Vulnerable People Assistance during the set up and selection of the teams and Human Rights managerial training (first selection on site, followed by training in Italy of the area managers); On-site training programmes (technical editorial personnel and sector experts sent for on-site training); Initial operational assistance through continental managers (with specialists of the continental area on hand); Supervision of internal audit (visit by internal personnel for verification purposes: regularity audit and performances audit) Alphabetization Peace and Development

Food Security and Agriculture

Education Local Culture for Sustainability Support

24 25 Activities in professional training area

On going formation and capacity building are key ac- Africa, America, Asia and Europe, an opportunity to tivities to develop people skills and consequently know one another as family and to plan activities to- advance in a world where technology runs fast. WF gether. invests every year in people by training them and cre- In October 2018 the Worldwide Congress of World ating opportunities to grow. WF believes that sharing Family of Radio Maria was held in Collevalenza at the experiences is one of the ways people learn faster and Sanctuary of Merciful Love, 2 hours away from Rome. better. In 2018 a total of 125 attended our courses. 280 people attended it from more than 80 countries in Besides we have continental meetings every year in the world. Such congress takes place every three years.

26 27 Financial Resources

Below is a table that shows the distribution of the financing sources of on-going projects:

ITEM AMOUNT PERCENTAGE

Contribution from members 4,458,220 54.38

Other donation from members 2,624,467 32.01

Private Contribution 56,700 0.69

Public Contribution (5X1000) 673,194 8.21

Other incomes 385,257 4.70

Total 8,197,838 100

0,69% 4.70% 8.21%

54.38%

32.01% 1 2 3 4 5

CONTRIBUTION FROM MEMBERS € 4,458,220 OTHER DONATION FROM MEMBERS € 2,624,467 OUR NUMBERS PRIVATE CONTRIBUTION € 56,700 PUBLIC CONTRIBUTION (5X1000) € 673,194 OTHER INCOMES € 385,257 TOTAL € 8,197,838

28 29 Distribution of Resources

The item “Contributions from members” consists of a The item “Strategic Services” includes those activi- variable membership fee and a fix annual fee paid by ties that World Family of Radio Maria Onlus grant to the associations to the World Family of Radio Maria ON- the associate members like the satellite services, the LUS. The fix fee amounts to 500 USD, while the variable streaming services, the technical task force and gen- fee is based on the gross revenues shown on the finan- eral IT projects and consultancies which benefit all cial statements of the previous year of each association. the members. In 2018 the same item includes also “Other donations from members” are donations given the realization of the Worldwide Congress in Collev- by the associations for the co-financing of specific pro- alenza attended by representatives of all associate jects of communication for development and projects members. of information and education to development. The item Instead “Running costs” includes expenses for the per- “Public – 5X1000” refers to money collected by the Ital- sonnel in Casciago, in Erba and Roma offices, and all ian government and sent to World Family of Radio Maria administrative services which allows the organization Onlus according to the will of the Italian tax payers. to run all the projects.

ITEM AMOUNT PERCENTAGE

Running Costs 1,440,247 17.61

Services for Projects 1,780,251 21.77

Projects 4,957,002 60.62

Total 8,177,500 100

17.61%

21.77% 60.62%

RUNNING COSTS € 1,440,247 SERVICES FOR PROJECTS € 1,780,251 PROJECTS € 4,957,002 TOTAL € 8,177,500

30 31 IV Liquid funds Equity Dimension 1 - Bank and postal deposits 60,000 173,967 3 - Cash and cash equivalents 3,432 1,938 Total 63,433 175,905

Total current assets (C) 1,509,008 1,743,526 The financial statements of the World Family of Radio by the Italian Agency for non-profit organisations (ON-

Maria ONLUS have always been drawn up according to LUS) . In particular, the financial statements format has the provisions of the Italian Civil Code for corporations been made considering the “Directives” in order to give D - Prepayments and accrued income 6,724 5,129 and in order to guarantee the utmost transparency, they a better view about the “core activity” and to guarantee have always been submitted to the certification by a pri- a major transparency. It should be noted, that there are Total assets (A+B+C+D) 1,949,073 2,136,115 mary auditing firm. It has been appropriately integrated no relevant law obligations in this matter. by considering the “Directives for the preparation of Please find below the Balance Sheet for 2018 along financial statements of non-profit originations”, issued with the one pertaining to the 2017 period:

BALANCE SHEET - LIABILITIES 31/12/2018 31/12/2017 BALANCE SHEET - ASSETS 31/12/2018 31/12/2017 A - Net worth A - Membership fees I Unrestricted net worth: to be paid 1,068 1,068 1 - Surplus 11,919 34,911 B - Fixed assets for the current year I Intangible fixed assets - - 2 - Surplus 179,635 144,725 II Tangible fixed assets for previous years 3 - Industrial and commercial equipment 444,801 436,411 3 - Statutory reserves Accumulated depreciation (444,801) (436,411) II Endowment fund 162,155 162,155 - - III Restricted net worth 4 - Other assets 409,401 393,989 Accumulated depreciation (409,401) (393,989) Total Net Worth (A) 353,709 341,791

- - B - Provisions for risks and charges Total - - 4 - Other 270,000 III Financial fixed assets Total Provisions For Risks And Charges (B) 0 270,000 2 - Financial receivables from others 432,273 386,392

Total 432,273 386,392 C - Employees leaving entitlement

405,428 350,311 Total fixed assets (B) 432,273 386,392

D - Payables C - Current assets 4 - Bank loans and borrowings 292,504 550,000 I Inventory 7 - Trade payables 301,734 318,784 4 - Finished products and goods 44,052 2,485 12 - Tax payables 42,529 85,694 Total 44,052 2,485 13 - Social security charges payable 48,041 41,166 II Receivables 14 - Other payables 494,822 169,610 5-bis) Credit TAX 8,826 5-quater) Receivables from others 350,007 522,446 Total Payables (D) 1,179,630 1,165,254 Total 358,833 522,446

III Current financial assets E - Accrued expenses and deferred income 10,306 8,759

6 - Other securities 1,042,690 1,042,690

Total 1,042,690 1,042,690 Total Liabilities (A+B+C+D+E) 1,949,073 2,136,115

32 33 2.3. Write-downs of securities classified Economic Dimension as current assets 2.4 - Other - Total 1,462 5,049

3 - Extraordinary expense For the statement of activities, reference has always ments of non – profit originations”, issued by the Italian been made to the Italian Civil Code with regards to cor- Agency for non – profit organisations. 3.2. Other provisions 39,361 200,263 porations and appropriately integrated by considering The Statement of Activities is provided here, together

the “Directives for the preparation of financial state- with the 2017 figures. Total expenses for core activities 8,173,567 7,368,837

Income taxes 3,934 2,793 STATEMENT OF ACTIVITIES - EXPENSES 2018 2017 Surplus 11,919 34,911

1 Expenses for core activities Total 8,189,419 7,406,540

1.1. Purchases 49,683 19,696 STATEMENT OF ACTIVITIES 2018 2017 1.2. Services 1,780,251 1,779,228 REVENUES AND INCOME

1.3. Use of third party assets 119,851 136,289 1 - Revenues from core activities 1.4. Personnel expenses a) Wages and salaries 875,500 814,891 1.1. Contributions for projects 2,574,467 2,292,018 b) Social security contributions 246,130 234,135 1.2. From public sector bodies 673,194 857,239 c) Employees’ leaving entitlement 62,391 60,307 1.3. Membership fees 4,458,220 4,171,286 Total 1,184,021 1,109,333 1.4. From third parties 56,700 82,600 1.5. Amortisation and depreciation 1.5. Other income 385,257 8,928 a) Intangible fixed assets 1.6. Adjustment to inventory 41,567 - 5,629 - concessions. trademarks and licences 5,450 5,004 Total 8,189,405 7,406,442 - leasehold improvements 4,645 1,013 - software programmes 468 9,813 2 - Financial income Total 10,563 15,830 b) Tangible fixed assets - equipment 21,981 59,820 2.1. Bank interest income 14 13 - furniture and fittings 1,821 55,833 2.2. From investments - vehicles - - securities classified under assets Total 23,802 115,653 current assets 2.3. Exchange rate gains 85 1.6. Other operating costs 7,571 3,867 Total 14 98

1.7. Contributions for projects 4,957,002 3,983,629 Total revenues and income from core activities 8,189,419 7,406,540

2 Financial charges and write-downs of financial assets Independent Certification / Attestation of the Financial Statements 2.1. Bank interest expense 890 3,793 Every year financial statements are submitted to auditing and certification by an independent company. 2.2. Exchange rate losses 572 1,256 Also for the year 2018 the auditing firm was KPMG S.p.A.

34 35 36 37 “In carrying your intention forward, you have trusted Providence, which has never made you lack the me- ans for your daily needs: for the modernization of technologies, in or- der to have the instruments in step with the times, and for the development of the Radio, first in Italy and then in many countries of the world, with surprising capillarity and rapidity”. Pope Francis For donations to World Family of Radio Maria Onlus

IT66 H033 5901 6001 0000 0126 45 5 – BIC (SWIFT): BCITITMX BANCA PROSSIMA, branch 05000 Milano, P.za Paolo Ferrari 10 – 20121 Milano In the name of World Family of Radio Maria

Addresses: Via Rusticucci 13 – 00193 Roma Tel. +39 06 64005701, [email protected]

Headquarter: Via Valassina 40 – 22036 Erba (Como) Tel. +39 031 2073350, [email protected]

www.worldfamilyrm.org www.radiomaria.org