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ICRC financial situation in 1966
International Review of the Red Cross, 1967Liquid 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.
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ICRC financial situation in 1967
International Review of the Red Cross, 1968The important commitments which the ICRC had to face in 1967 are reflected in the following major changes in asset items by comparison with the situation as at December 31, 1966:
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ICRC financial Situation in 1969
International Review of the Red Cross, 1970A feature of the 1969 balance sheet of the ICRC is the increase in the deficits of its “relief action” accounts. These rose from 2,163,705 francs at the end of 1968 to 6,468,054 francs at the end of 1969, i.e. an increase of 4,304,349 francs. Details of expenditure, with comparable 1968 figures, are as follows:As a counterpart, advances granted by the ...
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