32 FInAnCES
DECEMBER 31 2011 DECEMBER 31 2010
FIXED ASSETS 1 632 953 643 574
CURRENT ASSETS
Debtors, prepayments and accrued income 2 565 237 564 615
Cash at bank and in hand 3 1 416 561 1 351 051
TOTAL CURRENT ASSETS 1 981 798 1 915 666
TOTAL ASSETS 2 614 751 2 559 240
CAPITAL AND RESERVES
Capital 4 1 001 535 1 101 782
Congress reserve 4 453 780 453 780
Board of Pharmaceutical Practice reserve 5 60 543 39 383
Board of Pharmaceutical Sciences reserve 5 199 644 181 692
Regional Forums Reserve 6 14 194 23 035
Reserve Centennial 6 300 000 300 000
Reserve HIV/AIDS 6 10 000 10 000
Reserve FIPEd 6 65 036
Total Capital and Reserves 2 2 104 732 2 109 672
PROVISIONS 7 45 000 30 000
CURRENT LIABILITIES 8 465 019 419 568
TOTAL CAPITAL AND RESERVES AND LIABILITIES 2 614 751 2 559 240