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ICRC financial situation in 1966

Published online by Cambridge University Press:  13 January 2010

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Extract

Liquid assets.—Total liquid assets declined from about Sfr. 12,750,000. at the end of 1965 to about Sfr. 11,155,000. by the end of 1966. The disposal of the securities concerned was necessary for working capital requirements and to meet part of the additional deficit on the year; it also made possible certain shortterm interest-bearing investments.

Type
International Committee of the Red Cross
Information
International Review of the Red Cross (1961 - 1997) , Volume 7 , Issue 78 , September 1967 , pp. 480 - 494
Copyright
Copyright © International Committee of the Red Cross 1967

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References

1 The accounts shown in the following tables have been audited and approved by the ‘Société fiduciaire romande Ofor S.A.’, an auditing company recognized by the Swiss Federal Council and the Federal Banking Commission.