Kone Foundation Annual Report 2020

Total Page:16

File Type:pdf, Size:1020Kb

Kone Foundation Annual Report 2020 KONE FOUNDATION ANNUAL REPORT 2020 2020 1 OSIO Established in 1956, Kone Foundation is cally sustainable and socially equal Fin- an independent and unaffiliated organi- land. They are valuable in themselves and sation. Its aim is to make the world better constantly challenge prevailing percep- by advancing free and diverse research and tions. Research outputs are part of public the arts. The Foundation awards grants for debate and influence decision-making. academic research, culture and art, and for Kone Foundation is a vigilant, bold and popularisation of research. The Founda- flexible organisation that cares about tion also maintains the Saari Residence its grantees and works towards building in Mynämäki for artists and researchers, a healthy work community. and the Lauttasaari Manor Residence in Helsinki. Our vision is for free research, art and culture to flourish in an ecologi- koneensaatio.fi/en Otavantie 10 | 00200 Helsinki www.koneensaatio.fi Editor: Joel Haapamäki / Kone Foundation facebook.com/koneensaatio Graphic design: Dog Design twitter.com/KoneenSaatio Printed by: Grano Oy instagram.com/koneensaatio Cover photo: Daniel Schreiber 2 INDEX Review to 2020: Hanna Nurminen 6 Review to 2020: Anna Talasniemi 8 Review to 2020: Leena Kela 12 The year 2020 in numbers 16 Support for research and arts: the highlights of 2020 18 A new strategy leads the way for vigilant funding of research and arts 20 Over 40 million euros for research and arts 30 At-home residency with Noah Kin 38 Language programme supported multilingualism in Finland in many ways 40 Vuoden Tiedekynä academic writing award: What can the Moomins teach us about the loneliness? 42 Is money enough on its own? We now know what grantees expect from the Foundation 46 The coronavirus pandemic changed how Saari Manor residencies work 52 REVIEW Ecologically sustainable residency programme started in Saari Residence 56 Sustainable Lifestyles Accelerator in Mynämäki 58 Extensive renovation of the main building started at the Saari Residence 60 Two new communication initiatives helped make research projects visible 62 TO Linguist Ulla Tuomarla appointed acting director of Kone Foundation 64 Finances 66 2020 REVIEW TO 2020 KONE FOUNDATION ANNUAL REPORT 2020 den with colleagues and friends in the the year under review appears to be work- autumn and winter, and, in recent weeks, ing superbly. Ulla Tuomarla, who recent- the sight of drifted snow glittering in ly began deputising for Anna Talasniemi the spring sunshine and the cold of the when her period of study leave began, has late-winter air have given me moments quickly found her feet as the Foundation’s of encouragement to look forward to a Director, bringing some fresh new per- brighter future. My discussions have some- spectives on the Foundation’s activities. times touched upon the central values of A new ecological residency programme is the Foundation’s new strategy: scientific in the works at the Saari Residence, and and artistic freedom. the aim is to make the Saari Residence a Scientific and artistic freedom are at pioneer of sustainable operating models in Hanna Nurminen, Chairperson of the Board. issue in the recent demands by universi- the international residency field. Photo: Otto-Ville Väätäinen ty students for equality to be integrated With a new strategy in place, Kone more thoroughly into university studies Foundation is seeking to tackle the many and the other activities of educational challenges of the future on a stronger foot- HANNA NURMINEN: institutions and for structural discrimi- ing. The pace of change in the world is nation to be broken down. The media has accelerating, and the changes are becom- TALKS IN THE GARDEN framed these demands as a threat to sci- ing less and less predictable, so we will entific and artistic freedom. Of course, it continuously assess whether our strategy must be possible to broach difficult, -un is appropriate and update it regularly. comfortable topics in both science and the arts. However, these young people have grown up in a global society plagued by The year 2020 will go down in history as June among the blossoming burnet roses, racism, inequality and disinformation, and the time that made us come to terms with is particularly memorable. I take optimism from their endeavours to the vulnerability of our global society. As Thus, despite the ongoing crisis, the overhaul the status quo. Some of the de- the year went by, we learned to work in Kone Foundation’s strategy for 2021–2025 mands put forth have undoubtedly gone new ways and got used to living farther was prepared as planned in 2020. I would some way past the mark, and, at times, the away from each other. The pandemic gave like to thank the Foundation’s Board and rhetoric has recalled the language used by rise to a feeling of detachment that made staff, the Advisory Board of the Saari Resi- protestors who were active back when we every face-to-face encounter feel excep- dence and our stakeholders for their com- studied in the 1970s, but the world will tionally valuable. For that reason, the mitted and insightful contribution to our not improve unless the young demand it! strategy meeting with the Board of Trus- strategy. Once again, it has been a pleas- Kone Foundation’s prospects also give tees and the managing committee, which ure to work with this team. cause for optimism. The new organisation- we held in my garden on a sunny day in Since then, I have held talks in my gar- al structure that was introduced during 6 7 REVIEW TO 2020 KONE FOUNDATION ANNUAL REPORT 2020 through the home residency period, we long-planned series of events under the asked our residents how they were doing, moniker “Totuuden rakennuspalikat” was and we were delighted to learn that the moved online, as were many other events. opportunities to share and work alongside Fortunately, we just had time to publish others – defining characteristics of resi- the evaluation of the Foundation’s lan- dency working – had also come to fruition guage programme at a packed seminar with the help of remote working tools: a held at the Paasitorni conference centre. sense of community, discussions and feed- Communality remains one of the Foun- back from others were among the most dation’s core values in line with the new common responses, and the importance of strategy, which was completed in the year peer support and taking inspiration from under review. The Foundation also con- Anna Talasniemi, Executive Director. others were later confirmed in the final tinues to use the water-well metaphor. Al- Photo: Ilkka Saastamoinen reports submitted by people involved in though we continued operating while the the home residency. The home residency pandemic unfolded around us, it is clear experiment showed that people also had that there was less contact with grantees ANNA TALASNIEMI: wells in their own homes. and less of a community spirit among The pandemic coloured the year, but we grantees than before. This challenges us WELL AT HOME continued operating: We made progress to develop remote forms of communality on the development of our strategy and in addition to meetings in person, home Grants+ activities, and we renewed our or- wells instead of and alongside interactions ganisational structure. Sanna Tirkkonen at the manor. The experience we gained won the 2020 Vuoden Tiedekynä academ- running home residencies will help us in In March, just about everything changed. ists, and we responded to this need with a ic writing award for her timely article on this development – in fact, it has already On Thursday, 12 March 2020, a group of home residency beginning on 27 March. feelings of loneliness. Renovation work proven its worth as the Saari Residence practitioners in the field of art convened Looking back, it is amazing how quickly began in the main building of the Saari periods took place in hybrid form. Some at Lauttasaari Manor for the Smart Art everything happened. Residence, and the development of the of the artists and researchers worked Funding meeting over coffee. Later that At the Foundation, we use the wa- ecological residency programme received from home, and some worked at the Saari day, Finland’s government announced its ter-well as a metaphor to describe the a boost when a new coordinator was re- Residence. recommendations to curb the spread of encounters, sharing and interaction cruited. In conjunction with the autumn The pandemic is profoundly affecting coronavirus. The following week, we con- between people in different fields. Our application round, the final theme-based our lives – and also the arts and scienc- ducted a survey to find out how scientists home residency plan made use of the application round was organised under es, which the Foundation is tasked with and artists would like to be supported practices we have created at the Saari the Changing “Neighbournesses” of Fin- promoting. Above all, the performing during the pandemic. A substantial pro- Residence, such as weekly meetings to land programme, and the Foundation’s arts are now in a more precarious posi- portion of the respondents proposed an give artists the opportunity to talk to grantees had the opportunity to apply for tion, and the pandemic has accentuated expedited grant application round for art- each other about their work. Mid-way supplementary coronavirus support. A the weak structures and inequality in art. 8 9 REVIEW TO 2020 KONE FOUNDATION ANNUAL REPORT 2020 There has been much debate in the field of science over whether the pandemic will cause funding to be directed towards more solution-based work in the future. The Foundation’s new strategy emphasis- es scientific and artistic freedom, which means – among other things – that science and art should be allowed to develop on their own terms rather than being driven by financial, political or other interests.
Recommended publications
  • Sneezy Summer Forecast
    ISSUE 21 (252) • 24 – 30 MAY 2012 • €3 • WWW.HELSINKITIMES.FI DOMESTIC Finnair to transfer FOUNDED IN ST. PETERSBURG 1860 flights to Flybe 0.85ct 4379€ JS060 DAVID J. CORD The unions representing the cab- HELSINKI TIMES in crews and pilots have expressed some opposition to the deal. In- FINNAIR has announced plans to vestors were more encouraging, transfer a large portion of its Eu- sending Finnair’s share price up by Secret gardens ropean fl ights to Flybe Nordic, the almost 4 per cent. You might be stuck in the city, joint venture formed with the UK’s Finnair has been struggling but greener pastures are just a Flybe regional airline. Investors with heavy losses. In the fi rst quar- short metro ride away! Soak up have cheered the move, but unions ter of the year, Finland’s nation- some summer rays wandering have expressed caution. al airline announced a 20.4 million around one of the allotment vil- Under the plan, 12 Embraer air- euro loss on 591.8 million euros in lages dotted about Helsinki. craft, 100 cabin personnel and 120 sales. They have a plan to decrease See page 5 pilots will be transferred to Flybe annual costs by 140 million euros, Nordic, which is 40 per cent owned which includes outsourcing a va- by Finnair and 60 per cent owned riety of services, selling their ca- BUSINESS by Flybe. The pilots would eventual- tering business and decreasing ly return to Finnair to cover the air- personnel costs. 0.54ct 3356€ 093 0.27ct 2061€ JS030 line’s growing Asian traffi c.
    [Show full text]
  • Noah Kin Biog.Pages
    After Flow Festival 2013, District MTV UK commented “Noah Kin is going to be the next big thing in hip-hop”. Noah Kin, born 1994, is a Finnish-Nigerian rapper and producer from Helsinki. Already an established artist in Finland, the single releases from his latest album “Now You See” have been attracting attention from outside his home country and despite his young age he has already performed in the UK, Germany, Norway, Austria, Switzerland, Estonia and in Eurosonic 2014 - where he got picked as one of the top 5 performers of Eurosonic by Switzerland’s radio SRF Virus. Noah Kin got signed on the independent label Cocoa Music for his third solo album in 2014. He has since been featured on well known online medias such as Noisey/VICE, Ja Ja Ja, The Line Of Best Fit and District MTV as well as on TV and radio in Germany, France and Belgium. Noah has opened for Wiz Khalifa, Kendrick Lamar and Earl Sweatshirt and performed alongside the legendary Oakland rap group The Coup in Finland. His latest album introduces a world of original and eccentric sound that has it's roots deep in modern electronic beats. Noah Kin has broadened his interpretation even wider and the album features diverse styles and rapping and singing from the artist. The album moves from the beautifully moody soundscapes of tracks such as "Calm" and the very personal "My Road" to the aggressive styles of the video singles "822" and "RBLS", a style which Noah Kin particularly excels in: sharp rapping and his modern tone of voice.
    [Show full text]
  • Internationalization Plan for Sneaker Bash to Germany
    Internationalization plan for Sneaker Bash to Germany Besnik Konjuhaj Bachelor’s Thesis Business administration 2018 Abstract Date Author(s) Besnik Konjuhaj Degree programme Business Administration Report/thesis title Number of pages Internationalization plan for Sneaker Bash Partnership and appendix pages 38+15 In this thesis we will research the different internationalization option for SME-Companies and apply them to my own company Sneaker Bash partnership. The research structure is functional. The research gathered in this thesis is used to create an internationalization plan for Sneaker Bash. The main focus of the first two chapters is theory and to figure out how a Finnish company can internationalize in practise and what decisions a company needs to make for said internationalization. The latter two chapters are applying that theory to the company. The internationalization plan is compiled using previous experience in event management such as, the previous two events held in Finland and feedback from our customers but is based on the theoretical structure. Sneaker Bash may use this internationalization plan when expanding abroad. The thesis discusses the leading factors in the decision making in the empirical section. We will design a working business structure for Sneaker Bash as well as analyse the target market environment and its culture. After which we will look for different entry modes and Organizational models that best fit said entry mode. The main goal is to provide sneaker Bash with an elaborate plan on how to expand abroad and what the best practises. Keywords Event, Internationalization, Start-Up Company Table of contents 1 Introduction ................................................................................................................... 1 1.1 Sneaker Bash explained ......................................................................................
    [Show full text]
  • Music Finland UK
    Music Finland UK 2012–2013 / REPORT “It seems to me that at the moment “It takes a lot to get noticed in a place “Through The Line of Best Fit’s continued like London where there is so much going on all obsession with Nordic music and our historical Finland has an awful lot to offer in music. the time. But I think with the LIFEM – The Finnish links with the likes of the Ja Ja Ja club night in Line concerts at Kings Place, the Ja Ja Ja London, we’ve always kept a very close eye on And it’s about time we need to go and find it, Festival at the Roundhouse and the Songlines the sounds coming out of Finland. In the last CD, Finnish music really did make an impact. It’s three years, the quality of emerging talent has explore it, share it with people – because it’s the quirky, surprising and adventurous quality been just incredible and we’re seeing some real- of Finnish music that stands out – alongside ly unique invention and envelope–pushing from just too good to hide!” the musical virtuosity.“ all of the bands on this special release.” SIMON BROUGHTON / SONGLINES PAUL BRIDGEWATER / THE LINE OF BEST FIT, JOHN KENNEDY / XFM COMMENTING ON THE LINE–UP FOR MUSIC FINLAND’S OFFICIAL RECORD STORE DAY RELEASE 2013 “While Finland in the past might have “One of the best musical experiences held back a little from taking its scene to the of 2013 for me was going to Helsinki’s Kuudes world, their current united front means this is Aisti festival – an amazing site and brilliant “Having recently attended festivals in “Finland’s musical life is still a shining example changing.
    [Show full text]
  • INKA RANTAKALLIO: New Spirituality, Atheism, and Authenticity in Finnish Underground Rap Doctoral Dissertation, 321 Pp
    ANNALES UNIVERSITATIS TURKUENSIS UNIVERSITATIS ANNALES B 497 Inka Rantakallio NEW SPIRITUALITY, ATHEISM, AND AUTHENTICITY IN FINNISH UNDERGROUND RAP Inka Rantakallio Painosalama Oy, Turku, Finland 2019 Finland Turku, Oy, Painosalama ISBN 978-951-29-7864-9 (PRINT) – ISBN 978-951-29-7865-6 (PDF) TURUN YLIOPISTON JULKAISUJA ANNALES UNIVERSITATIS TURKUENSIS ISSN 0082-6987 (Print) SARJA - SER. B OSA - TOM. 497 | HUMANIORA | TURKU 2019 ISSN 2343-3191 (Online) NEW SPIRITUALITY, ATHEISM, AND AUTHENTICITY IN FINNISH UNDERGROUND RAP Inka Rantakallio TURUN YLIOPISTON JULKAISUJA – ANNALES UNIVERSITATIS TURKUENSIS SARJA - SER. B OSA – TOM. 497 | HUMANIORA | TURKU 2019 University of Turku Faculty of Humanities School of History, Culture and Arts Studies Department of Musicology Juno Doctoral programme Supervised by PhD, Senior Lecturer Susanna Välimäki PhD, Senior Lecturer Emeritus University of Turku Yrjö Heinonen University of Turku Professor John Richardson University of Turku PhD, Docent Siru Kainulainen PhD, Senior Lecturer Teemu Taira University of Turku University of Helsinki Reviewed by Professor Johannes Brusila PhD, Associate Professor Åbo Akademi University Christopher Driscoll Lehigh University Opponent Professor Johannes Brusila Åbo Akademi University The originality of this publication has been checked in accordance with the University of Turku quality assurance system using the Turnitin OriginalityCheck service. Cover Image: Sellekhanks ISBN 978-951-29-7864-9 (PRINT) ISBN 978-951-29-7865-6 (PDF) ISSN 0082-6987 (Print) ISSN 2343-3191 (Online) Painosalama Oy, Turku, Finland 2019 For the hip hop nation 3 UNIVERSITY OF TURKU Faculty of Humanities School of History, Culture and Arts Studies Musicology INKA RANTAKALLIO: New Spirituality, Atheism, and Authenticity in Finnish Underground Rap Doctoral Dissertation, 321 pp.
    [Show full text]
  • New Spirituality, Atheism, and Authenticity in Finnish Underground Rap
    ANNALES UNIVERSITATIS TURKUENSIS UNIVERSITATIS ANNALES B 497 Inka Rantakallio NEW SPIRITUALITY, ATHEISM, AND AUTHENTICITY IN FINNISH UNDERGROUND RAP Inka Rantakallio Painosalama Oy, Turku, Finland 2019 Finland Turku, Oy, Painosalama ISBN 978-951-29-7864-9 (PRINT) – ISBN 978-951-29-7865-6 (PDF) TURUN YLIOPISTON JULKAISUJA ANNALES UNIVERSITATIS TURKUENSIS ISSN 0082-6987 (Print) SARJA - SER. B OSA - TOM. 497 | HUMANIORA | TURKU 2019 ISSN 2343-3191 (Online) NEW SPIRITUALITY, ATHEISM, AND AUTHENTICITY IN FINNISH UNDERGROUND RAP Inka Rantakallio TURUN YLIOPISTON JULKAISUJA – ANNALES UNIVERSITATIS TURKUENSIS SARJA - SER. B OSA – TOM. 497 | HUMANIORA | TURKU 2019 University of Turku Faculty of Humanities School of History, Culture and Arts Studies Department of Musicology Juno Doctoral programme Supervised by PhD, Senior Lecturer Susanna Välimäki PhD, Senior Lecturer Emeritus University of Turku Yrjö Heinonen University of Turku Professor John Richardson University of Turku PhD, Docent Siru Kainulainen PhD, Senior Lecturer Teemu Taira University of Turku University of Helsinki Reviewed by Professor Johannes Brusila PhD, Associate Professor Åbo Akademi University Christopher Driscoll Lehigh University Opponent Professor Johannes Brusila Åbo Akademi University The originality of this publication has been checked in accordance with the University of Turku quality assurance system using the Turnitin OriginalityCheck service. Cover Image: Sellekhanks ISBN 978-951-29-7864-9 (PRINT) ISBN 978-951-29-7865-6 (PDF) ISSN 0082-6987 (Print) ISSN 2343-3191 (Online) Painosalama Oy, Turku, Finland 2019 For the hip hop nation 3 UNIVERSITY OF TURKU Faculty of Humanities School of History, Culture and Arts Studies Musicology INKA RANTAKALLIO: New Spirituality, Atheism, and Authenticity in Finnish Underground Rap Doctoral Dissertation, 321 pp.
    [Show full text]
  • AUSTRIAN HEARTBEATS in FINLAND 2016 Beats, Rhymes & Helsinki and Music & Media Tampere
    AUSTRIAN HEARTBEATS IN FINLAND 2016 Beats, Rhymes & Helsinki and Music & Media Tampere BEATS, RHYMES & HELSINKI – AUSTRIA EDITION 2016 (04.-06.10.2016) The music production camp Beats, Rhymes & Helsinki brings together the rap scene of Finland and its international counterparts. In April 2016, five German rap artists were invited to Finland to work with Finnish hip hop producers. In October, another edition will focus on the Austrian hip hop scene and feature four Austrian producers and rappers. The workshop is organized in cooperation with Radio FM4, Music Finland and the invited Austrian labels, publishers and management companies. From Austria, the hip hop artists and producers AVERAGE, FID MELLA, MAVI PHOENIX and ALEX THE FLIPPER will take part in the music camp. From Finland, Noah Kin, Joonas Laaksoharju, Tomorrow, View and Biniyam will join the Austrian artists in the Suomenlinnan Studio Helsinki. MUSIC & MEDIA TAMPERE Music & Media Finland is the leading conference for music industry professionals connecting Finnish, Nordic, Baltic and Russian music professionals with the global music community. This year, the event will take place October 6–8, 2016 in Tampere, southern Finland. The Austrian delegation will hold a reception to enable networking between the Austrian, Finnish and international participants. A joint presentation by Austrian Music Export and Radio FM4 will present the most important facts about the Austrian music landscape, important market information and an overview about up-and-coming artists. Music & Media Finland brings together over 700 participants from 20 countries all looking for new partners and contacts. Thus, the event has become the most important international gateway for Finnish music businesses and a networking hotspot.
    [Show full text]
  • D As Pr Ogr Amm / the Program
    DAS PROGRAMM /THE PROGRAM #BMW14 MUSIK EDITORIAL 03 MUSIC RELEASED Das Motto der diesjährigen Berlin Music Week könnte nicht passender sein, denn Berlin ist eine Stadt, in der die Musik nicht nur freigesetzt, sondern geradezu entfesselt ist. The motto of this year’s Berlin Music Week couldn’t be more fi tting, because Berlin is a BIS city where music isn’t just released, it’s set free. DAS Das mag in gewissen Teilen der Stadt Dau- are so new they only just recently managed erzustand sein, aber wer im letzten Jahr ge- to put up a website. Veteran music journalists sehen hat, wie junge Touristen aus Boston suddenly awestruck when they see one of these begeistert Tickets für ein Festival kaufen, fresh young artists. Masses of music lovers KABEL das mit Newcomern wirbt, die so neu sind, fl owing from Friedrichshain to Kreuzberg to dass sie gerade mal eine eigene Website ha- Tempelhof and back again. Coming to the ben, wer gesehen hat wie gut abgehangene realization once again that this city is like a Musikjournalisten plötzlich mit leuchtenden wild, fantastic, never-ending song. Then you GLÜHT! Augen vor einem dieser frischen Künstler know Berlin Music Week has room to be even stehen, wer sich in diesen Flow musikhung- better. And it will this year too. Beyond your riger Menschen zwischen Friedrichshain, expectations. Guaranteed. Kreuzberg bis hin nach Tempelhof gewor- fen hat, wer wieder einmal gespürt hat, dass diese Stadt wie ein grandioser, wilder, nie endender Song ist, der wusste am Ende: In der Berlin Music Week geht noch ein we- nig mehr.
    [Show full text]
  • ETEP in the Media P
    2018 WWW.ETEP.NL 1 COVER PHOTO SZIGET FESTIVAL TABLE OF CONTENTS By Allan McGowan Introduction P. 3 ETEP About ETEP P. 6 ETEP in the media P. 12 ETEP 2018 festival map P. 36 SIXTEEN ETEP Partners & co-organisers P. 38 ETEP Results 2017 P. 50 ETEP Results 2016 P. 56 Welcome to the thirty second year of Eurosonic Noorderslag ETEP Results 2015 P. 62 and to the sixteenth edition of the European Talent Exchange ETEP Results 2014 P. 68 Programme – better, and now widely, we might even say ETEP Results 2013 P. 72 universally, known as ETEP. ETEP Results 2012 P. 76 ETEP Results 2011 P. 80 ETEP Results 2010 P. 82 For those few who don’t know, this initiative of Eurosonic Noorderslag, originated ETEP Results 2009 P. 84 by Peter Smidt and Ruud Berends, was introduced to make the “exchange” of ETEP Results 2008 P. 86 European artists across Europe possible on a greater scale than ever before. ETEP Results 2007 P. 88 ETEP then facilitates the bookings of European acts on festivals and generates ETEP Results 2006 P. 90 extensive radio and media exposure for these artists in co-operation with the ETEP Results 2005 P. 92 European Broadcasting Union and local media. The intention was - and still is - to ETEP Results 2004 P. 94 give a boost to the careers of European acts. ETEP Results 2003 P. 96 CEETEP P. 97 There is no doubt that ETEP has been more than successful in achieving its aims, CEETEP Results 2015 P. 98 and the figures speak for themselves: CEETEP Results 2014 P.
    [Show full text]
  • Financial Statement 2017 2 Profit and Loss Statement
    FOR THE LOVE OF MUSIC FINANCIAL NOAH KIN COMPOSER, LYRICIST TEOSTO MEMBER SINCE 2011 STATEMENT TABLE OF CONTENTS PROFIT AND LOSS STATEMENT 3 BALANCE 4 NOTES TO THE FINANCIAL STATEMENTS 1 Accounting principles 7 2 Income statement by activity 9 3 Notes to the balance sheet, assets 11 4 Notes to the balance sheet, liabilities 13 5 Securities and contingent liabilities 14 6 Notes on personnel 14 7 Ownership in other companies 14 PROPOSAL FOR DISTRIBUTION TO RIGHTHOLDERS 15 SIGNATURES TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS 15 TEOSTO FINANCIAL STATEMENT 2017 2 PROFIT AND LOSS STATEMENT 1 Jan–31 Dec 2017 1 Jan–31 Dec 2016 DAY-TO-DAY OPERATIONS Income Royalties collected by Teosto 59,778,097.64 60,701,285.83 Other copyright royalties 5,363,457.82 7,889,813.38 Remuneration for public lending 757,714.11 568,687.36 Compensation for private copying 1,760,303.85 1,429,202.02 Other income 2,140.26 32,250.80 67,661,713.68 70,621,239.39 Costs Personnel expenses -6,116,589.51 -6,234,667.77 Depreciation -853,142.54 -800,835.45 Other costs -5,754,320.17 -6,902,444.27 -12,724,052.22 -13,937,947.49 54,937,661.46 56,683,291.90 FUNDRAISING Membership fees 112,400.00 115,702.42 55,050,061.46 56,798,994.32 INVESTMENTS AND FINANCING Income 3,125,849.00 1,707,884.29 Costs -378,595.72 -446,138.57 2,747,253.28 1,261,745.72 57,797,314.74 58,060,740.04 Transfer for distribution to rightholders -54,990,364.18 -57,032,374.47 Changes to the self-financed reserve -2,806,950.56 -1,028,365.57 SURPLUS/DEFICIT FOR THE FINANCIAL YEAR 0.00 0.00 TEOSTO FINANCIAL STATEMENT
    [Show full text]