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Athletic Club Statements, available to the members

Athletic Club Statements, available to the members

The Annual Report, with the statements for the closing 2019-19 fiscal year and the Budget for the upcoming term 2019-20, is now available at the members Txoko section of Athletic Club.

The Annual Report, the Profit & Loss Account, the Balance Sheet and the Audit Report for the 2018-2019 financial year, as well as the budget for the 2019-2020 financial year, are available to every Athletic Club member, at Members Txoko section of the website.

The budget surplus for the 2018-2019 fiscal year approved by the Assembly of Committing Members held on October 22, 2018 and it was € 60,113,300.

The final positive result for the year 2018-2019, before the provision and application of provisions, increased to € 63,868,830.The year, after the application and endowment of provisions, ends up with a final positive result of € 23,868,830.

The equity of the Club has increased by € 24,099,744 as of June 30, 2019, making a total of € 157,902,967.60 as of June 30, 2019.

The total of extraordinary provisions (fund to compensate for possible losses of future years) is increased by € 40,000,000, making the total of € 116,033,000 as of June 30, 2019.

Regarding the budget for the 2019-2020 fiscal year, a positive result of € 125,814.98 is expected, following the application of the extraordinary provision in the revenue line.