54 | IHES Annual Report 2020

Resources 2020 2019 2018 CONTRIBUTION FROM THE STATE 2,800,000 2,800,000 2,800,000

Grant from the French Ministry of Higher Education, Research and Innovation 2,800,000 2,800,000 2,800,000

OPERATING INCOME 2,883,035 2,056,476 2,505,675 Sales and Services 114,063 131,966 133,222

Contracts, Agreements 2,768,972 1,924,510 2,372,453 French Research Contracts and Agreements 393,581 399,387 566,849

European contracts (ERC) 1,123,327 723,337 874,523 International Research Contracts and Agreements 1,229,668 649,854 601,251

Other Income (colloquium incomes) 22,396 151,931 329,831 GIFTS, DONATIONS AND REVENUE FROM ASSETS 1,449,834 1,188,055 1,920,070

Call for Public Generosity 66,422 116,420 109,474 Other Gifts and Donations (Operating Donation) 243,720 47,977 411,803

Income from Real Estate 108,104 107,804 110,185 Financial Revenue 1,031,588 915,853 1,288,609

OTHER 1,164,738 2,614,413 864,715 Reversal of Provisions 963,048 2,586,169 831,170

Exceptional Income 201,690 28,244 33,545 Expenses transfer 0 0 0

DEBIT BALANCE: DEFICIT 336,997 0 1,687,181 TOTAL RESOURCES 8,634,604 8,658,944 9,777,641

Expenses 2020 2019 2018 SALARIES 3,580,990 3,469,385 3,767,073

Professors and Director salaries 1,819,843 1,620,768 1,882,355 Staff Salaries 1,761,147 1,848,617 1,884,719

OPERATING COSTS 1,872,774 2,007,350 2,460,531 Invitation Program 361,164 508,804 605,280

Scientific Events 59,700 140,673 455,439 Other Purchases and External Expenses 1,304,199 1,217,754 1,260,108

Other Expenses 147,711 140,119 139,705 OTHER 3,220,840 1,628,728 3,550,010

Amortisation 535,360 545,888 523,693 Provisions for Liabilities and Charges 47,930 70,325 11,438

The Publications Mathématiques de l'IHES 109,673 108,835 108,051 Outstanding Commitments Financed by Allocated

Resources 1,573,549 727,427 858,281

Investment Expenses 948,963 174,006 2,044,376 Exceptional Expenses 5,365 2,247 4,171

EMPLOYEE PROFIT SHARING -40,000 40,000 27 CREDIT BALANCE: SURPLUS 0 1,513,481 0

TOTAL EXPENSES 8,634,604 8,658,944 9,777,641

Statement of Financial Activities