Financial Info
1 Euro = approximately 250 HUF
1 USD = approximately 220 HUF
| Source of funds | 2002 | ||
 |
|||
| Research subsidy | 881 | ||
| Grants, Hungary | 419 | ||
| Grants, EU & USA | 315 | ||
| Contract work | 814 | ||
| Other sources | 152 | ||
|
|||
| 2,600 | |||
(in Million HUF) |
|||
| Balance sheet ended Dec 31, 2001 and Dec 31, 2002 |
2001 | 2002 | |
|
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| Assets | |||
| Current assets | |||
| Cash and cash equivalent | 491 | 654 | |
| Accounts receivable | 122 | 94 | |
| Prepaid expenses | 257 | 285 | |
| Expenses | |||
| Investments | 45 | 10 | |
| Capital assets (net of amortization) | 604 | 737 | |
| Intangible assets (net of amortization) | 53 | 75 | |
| Inventories | 9 | 42 | |
|
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| 1581 | 1897 | ||
| Liabilities | |||
| Current liabilities | |||
| Accounts payable and accrued liabilities | 303 | 371 | |
| Long term liabilities | |||
| Long term payables | 56 | 22 | |
| Retained Earnings | 489 | 657 | |
| Equity | 733 | 847 | |
|
|||
| 1581 | 1897 | ||
(in Million HUF) |
|||
