Audit report on the financial statements as of December 31st, 2021

The audit of Sustainable Energy for All (SEforALL) for the 2021 fiscal year concluded that the financial statements were prepared in accordance with Austrian legal regulations and present a true and fair view of the organisation's financial position. Total income for 2021 was $36.6 million, with donor income accounting for $14.3 million. The auditor found no material weaknesses in internal controls and no substantial doubt regarding the organisation's ability to continue as a going concern.

• The auditor issued a clean opinion, stating that the financial statements for the period from January 1st, 2021 to December 31st, 2021, were prepared according to legal regulations and fairly represent the organisation's assets and financial performance.
• Total income for 2021 was $36.6 million, consisting of $14.3 million in donor income and $22.3 million in brought forward deferred income.
• The organisation recognized $26.0 million as deferred income, representing unused contributions and commitments not yet expensed.
• SEforALL reported debtors amounting to $13.0 million in contracted commitments not yet received, with $7.5 million expected in 2022 and $5.5 million expected in 2023 and beyond.
• The auditor found no evidence of material weaknesses in internal controls over financial reporting, nor any facts suggesting the organisation cannot continue as a going concern.
• The organisation's staffing levels increased from an average of 47 positions in 2020 to 53 in 2021.
• Legal fees in 2021 were used to develop the framework for the Universal Energy Facility (UEF), including due diligence and policy framework assessments in target countries.

APA

Sustainable Energy for All (n.d.). Audit report on the financial statements as of December 31st, 2021. https://www.seforall.org/system/files/2022-08/Signed%20Audit%20Report%20and%202021%20Financial%20Statements%2020220408.pdf

Chicago

Sustainable Energy for All. Audit report on the financial statements as of December 31st, 2021. n.d. https://www.seforall.org/system/files/2022-08/Signed%20Audit%20Report%20and%202021%20Financial%20Statements%2020220408.pdf.

Wikipedia

{{cite report |author=Sustainable Energy for All |title=Audit report on the financial statements as of December 31st, 2021 |url=https://www.seforall.org/system/files/2022-08/Signed%20Audit%20Report%20and%202021%20Financial%20Statements%2020220408.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{sustainableenergyforallndaudit, author = {{Sustainable Energy for All}}, title = {{Audit report on the financial statements as of December 31st, 2021}}, institution = {Sustainable Energy for All}, url = {https://www.seforall.org/system/files/2022-08/Signed%20Audit%20Report%20and%202021%20Financial%20Statements%2020220408.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }