SAT-7 Annual Report 2016.pdf - Page 21



2016 ACTUAL EXPENSES BY CHANNEL
SAT-7 TÜRK
$2,481,000 (16%)
SAT-7 PARS
$3,605,000 (22%)
SAT-7 ARABIC & PLUS
$6,343,000 (39%)
SAT-7 KIDS
$3,777,000 (23%)
TOTAL EXPENDITURE
$16,206,000
PROGRAMS
$13,095,000 (81%)
All figures in this 2016 report are in USD
and have been rounded to simplify reading.
The consolidated financial information
presented is derived from the 2016 financial
statements for each of the 12 independent
SAT-7 legal entities.
The financial statements for SAT-7
International legal entities in Cyprus are
audited by KPMG Ltd, Certified Public
Accountants and Registered Auditors.
KPMG has also reviewed the principles
used in the preparation of this summary of
consolidated financial information.
Detailed consolidated financial statements
and/or detailed audited accounts for each
of the different legal entities of SAT-7 are
available on request.
Investments in fixed assets are included in
the 2016 actual expenses.
TOTAL INCOME
$15,001,000
2016 TOTAL SPENDING
BY CATEGORY
MANAGEMENT &
ADMINISTRATION
$1,675,000 (10%)
FUNDRAISING
$1,436,000 (9%)
TOTAL SAT-7 USA END OF YEAR NET ASSETS
$1,535,893
SAT-7 NORTH AMERICA IS A 501 (C)(3) NON PROFIT ORGANIZATION

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