Home - Interpeace : Interpeace

Financial Statements

© 2025 KPMG AG, a Swiss corporation, is a group company of KPMG Holding LLP, which is a member of the KPMG global organization of independent firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reser ved. KPMG SA Esplanade de Pont - Rouge 6 PO Box 1571 CH - 1211 Geneva +41 58 249 25 15 kpmg.ch Report of the Iéepeéent Auditor to Interpeace , Geneva Report on the Audit of the Summary Consolidated Financial Statements Opinion The summary consolidated financial statements of Interpeace et un its subsidiaries, which comprise the C onsolidated Balance Sheet as at 31 December 2024 , the C onsolidated S tatement of Operations , the Consolidated Statement of Changes in capital, the C onsolidated S tatement of Cash Flows , et un related notes, are derived from the audited consolidated financial statements for Interpeace aé its subsidiaries for the year ended 31 December 2024. In our opinion, the accompanying summary consolidated financial statements are consistent, in all material respects, with the audited consolidated financial statements, on the basis described in note 1. Summary consolidated financial statements The summary consolidated financial statements do not contain all the disclosures required by Swiss GAAP FER accounting standards . Reading the summary consolidated financial statements and the auditor’s report thereon, therefore, is not a substitute for reading the audited consolidated financial statements et un our independent auditor’s report thereon. The summary consolidated financial statements and the audited consolidated financial statements do not take into account the impact of events that occurred after the date of our independent auditor’s on the audited consolidated financial statements. The audited consolidated financial statements aé our report thereon We expressed an unmodified audit opinion on the audited consolidated financial statements in our iéependent auditor’s report to the Interpeace aé its subsidiaries dated 26 September 202 5 . Governing Board ’s responsibility for the summary consolidated financial statements The Governing Board is responsible for the preparation of the summary financial statements on the basis described in note 1. Interpeace , Geneva Report of Independ ent Auditor to the Governing Board on the Summary Financial Statements Independent Auditor’s responsibility Our responsibility is to express an opinion on whether the summary consolidated financial statements are consistent, in all material respects, with the audited consolidated financial statements based on our procedures, which were conducted in accordance with Swiss auditing standards NAS 810 “Engagements to Report on Summary Financial Statements”. KPMG SA Elodie Elloy Licensed Audit Expert Arthur Duterme Licensed Audit Expert Gen e v a , 2 6 September 2025 Enclosure : - Summary consolidated financial statements (Consolidated Balance Sheet , Consolidated Statement of Operations , Consolidated Statement of Changes in Capital , Consolidated Statement of Cash Flows and notes)

Interpeace Consolidated Balance Sheet

As at 31 December | In US Dollars

2024 2023Restated
Assets
Current Assets
Cash and Cash Equivalents 1,553,683 5,443,944
Other Accounts Receivable 101,969 84,814
Prepayments 666,415 606,752
Donor Income Receivable 4,451,044 3,914,829
Advances to Partners 470,775 642,795
Rental and Other Deposits 1,880 1,880
Total Current Assets 7,245,766 10,695,014
Non Current Assets
Rental and Other Deposits LT 46,580 143,405
Property, Plant and Equipment 64,293 49,141
Total Non Current Assets 110,873 192,546
Total Assets 7,356,639 10,887,560
Liabilities and Reserves
Current Liabilities
Accounts Payable 735,036 940,077
Accrued Expenses 740,292 675,797
Income to be Repaid to Donors 29,959 415,399
Amounts due to Partners 745,271 480,708
Total Current Liabilities 2,250,558 2,511,981
Non Current Liabilities
Provisions 70,743 93,143
Total Non Current Liabilities 70,743 93,143
Total Liabilities 2,321,301 2,605,124
Fund Capital
Fund Capital 3,847,236 3,816,691
Organisation Capital
Tied Capital 6,401 9,901
Free Capital 1,181,701 4,455,844
Total Organisation Capital 1,188,102 4,465,745
Total Liabilities and Reserves 7,356,639 10,887,560

Interpeace Consolidated Statement of Operations

From 1 January to 31 December | In US Dollars

2024 2023Restated
Income
United Nations & UN Agencies 324,105 1,672,742
Governments 16,907,844 24,238,774
Trusts and Foundations 881,373 953,434
Private Sector 59,049 58,654
NGOs 890,647 393,746
Private Donations 0 11,182
Other 56,263 135,788
Total Income 19,119,281 27,464,320
Expenses
Personnel (13,732,146) (15,387,622)
Travel (2,703,277) (5,381,066)
Property and equipment purchased for Partners (222,552) (374,232)
Depreciation (25,054) (40,128)
Office functioning costs (1,956,403) (2,860,556)
Workshops and meetings (1,623,839) (3,088,948)
Reporting and outreach (322,963) (645,117)
Professional services (1,355,926) (4,032,535)
Grants (30,200) (241,927)
UN Management Fees (18,002) (24,772)
Reimbursement to Donors (93,994) (147,103)
Total Operating Expenses (net) (22,084,356) (32,224,006)
Operating result (2,965,075) (4,759,686)
Finance Costs/Gains (254,269) 192,404
Result before change in fund capital (3,219,344) (4,567,282)
Change in fund capital 58,298 (4,604,779)
Annual result (3,277,643) 37,497

Interpeace Consolidated Statement of Changes in Capital

As at 31 December 2024 | In US Dollars

Organisation capital Opening balance Allocations Internal transfers Appropriation Total change Refunds Closing Balance
Tied capital 9,901 0 (3,499) 0 (3,499) 0 6,401
Free capital 4,455,844 (3,277,642) 3,499 0 (3,274,143) 0 1,181,701
Total 4,465,745 (3,277,642) 0 0 (3,277,642) 0 1,188,102

Consolidated Statement of Cash Flows

For the year ended 31 December | In US Dollars

2024 2023Restated
Cash flow from operating activities
Net income for the year (3,277,642) 37,497
Adjustments for:
Depreciation 25,054 40,128
Net finance costs / (income) 254,271 (192,404)
Change in Fund Capital and Refunds 30,545 (5,125,872)
Other non-cash items (83,130) (78,993)
(3,050,902) (5,319,644)
Changes in working capital:
Change in deposits 96,825 13,126
Change in advances to partners 172,019 151,529
Change in donor income receivable (536,215) (3,034,482)
Change in accounts receivable and prepayments (76,818) (110,307)
Change in provisions and employee benefits (22,400) 6,415
Change in deferred income 0 (1,771,024)
Change in amount due to partners 264,562 (42,840)
Change in income to be repaid to donors (385,440) (93,509)
Change in accounts payable and accrued expenses (140,546) (59,122)
Net cash used in operating activities (3,678,915) (10,259,858)
Cash flows from investing activities
Interest received 717 36,606
Acquisition of property plant and equipment (40,206) (22,782)
Net cash used in investing activities (39,489) 13,824
Cash flows from financing activities
Interest paid 1,956 0
Net cash used in financing activities 1,956 0
Net increase / (decrease) in cash and cash equivalents (3,716,448) (10,246,034)
Cash and cash equivalents at 1 January 5,443,944 15,455,186
Effect of exchange rate fluctuations on cash held (173,814) 234,792
Cash and cash equivalents at 31 December 1,553,683 5,443,944

Basis of Preparation

The summary consolidated financial statements are derived from the audited consolidated financial statements for Interpeace for the year ended 31 December 2024, prepared in accordance with Swiss GAAP FER Accounting Standards. The summary consolidated financial statements above are prepared using the basis of the audited consolidated financial statements and the same measurement basis, but do not contain all disclosures in the notes as required by Swiss GAAP FER Accounting Standards.