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Review the Combined Statement of Financial Position and provide a summary of the financial health of the institution. Notes 2018 2017 CURRENT ASSETS Cash and

Review the Combined Statement of Financial Position and provide a summary of the financial health of the institution.

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Notes 2018 2017 CURRENT ASSETS Cash and cash equivalent 6.770.602 8.550.243 Resale agreements 1,226,428 1,176,078 Short-term investments 3.528,766 6,159.695 Accounts receivable 27,898,148 29,273,010 Inventories 437,434 418.305 39.861,378 45,577,331 CURRENT LIABILITIES 10 (23,058.336) (22.094.865) NET CURRENT ASSETS 16,803.042 23,482.466 NON-CURRENT ASSETS Advances 15,917 8,095 Long-term investments 9.940,144 9.221.290 Investment property 5.471 5,720 Long-term receivables 5,800,937 4,191.462 Property, plant and equipment 53.863.473 $1.234.453 69.625.942 64.661.020 86.428.984 88.143.486 RESERVES Cumulative translation reserve 15 18,729,322 16,906,057 Revaluation surplus 16 5,426,313 5,426,213 Investment revaluation reserve 17 1,692,070 1.676,472 General reserve 6,237.878 4,315,533 Accumulated (deficit )/fund (5,628.408) 2.074.547 Total reserves 26.457.175 30.398.822 NON-CURRENT LIABILITIES Unexpended donations for special projects 18 6.223,116 6,191,526 Endowment funds 19 234,227 317.391 Capital grants 20 19.655.454 16,861,781 Long-term liabilities 21 6,955.941 9,382.760 Employee benefits obligation 22(d) 26.744.738 24,822,873 Deferred income 23 158.333 168,333 Total non-current liabilities 59.971.809 57.744,664 56.428,984 88.143.486

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