Microsoft Word - L-Bericht SE4All 2023.docx
Summary
This document is an audit report and the accompanying financial statements for Sustainable Energy for All (SEforALL) for the fiscal year ending December 31, 2023. Conducted by Mazars Austria GmbH, the audit concludes that the financial statements present a fair view of the organisation's assets and financial performance in accordance with Austrian Generally Accepted Accounting Principles and the Austrian Association Act.
Key insights
- Mazars Austria GmbH issued an unqualified audit opinion, stating that the financial statements for the period from January 1, 2023, to December 31, 2023, present fairly the assets, financial position, and financial performance of Sustainable Energy for All.
- SEforALL's total income for 2023 was $94.1 million, consisting of $7.9 million in donor income and $86.2 million in brought forward deferred income.
- Personnel expenses increased to $16 million in 2023 from $8.7 million in 2022, driven by a higher headcount due to donor agreement requirements and the implementation of a new Job & Career Framework.
- Consultancy fees totaled $9.8 million in 2023, supporting data and insights for SDG7, including specific projects such as hospital electrification in Sierra Leone and studies on Carbon Markets.
- SEforALL disbursed $5 million in grants in 2023 through the Results-Based Financing Facility for the Universal Energy Facility (UEF), a significant increase from $0.4 million in 2022.
- The organisation's average staffing level rose to 101 occupied positions in 2023, compared to 88 in 2022.
- Travel expenditures increased to $2 million in 2023, attributed to the end of COVID-19 restrictions and increased participation in global events such as the G20, UNGA, and COP.
- The organisation recognized $0.38 million in in-kind contributions in 2023, including $0.14 million from Iceland for staff secondment, $0.23 million from the United Arab Emirates for the COP28 Pavilion, and $0.003 million from the UNDP for office space in Abuja.
- The auditor found no evidence of material weaknesses in internal controls over financial reporting, nor any facts suggesting doubt about the organisation's ability to continue as a going concern.
Cite the original document
- APA
- Sustainable Energy for All (n.d.). Microsoft Word - L-Bericht SE4All 2023.docx. https://www.seforall.org/system/files/2024-09/SEforALL%20Audited%20Report%20and%20Financial%20Statements%20FY2023.pdf
- Chicago
- Sustainable Energy for All. Microsoft Word - L-Bericht SE4All 2023.docx. n.d. https://www.seforall.org/system/files/2024-09/SEforALL%20Audited%20Report%20and%20Financial%20Statements%20FY2023.pdf.
- Wikipedia
- {{cite report |author=Sustainable Energy for All |title=Microsoft Word - L-Bericht SE4All 2023.docx |url=https://www.seforall.org/system/files/2024-09/SEforALL%20Audited%20Report%20and%20Financial%20Statements%20FY2023.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{sustainableenergyforallndmicrosoft, author = {{Sustainable Energy for All}}, title = {{Microsoft Word - L-Bericht SE4All 2023.docx}}, institution = {Sustainable Energy for All}, url = {https://www.seforall.org/system/files/2024-09/SEforALL%20Audited%20Report%20and%20Financial%20Statements%20FY2023.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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