Income Statement (in €)
2022/2023
2021/2022
Income
15’006’100
10’057’800
Operating expenses
-13’468’041
-9’062’364
Earnings before interest, tax, depreciation, amortization (EBITDA)
1’538’059
995’436
Depreciation
-25’974
—
Earnings before interest and tax (EBIT)
1’512’085
995’436
Financial expenses
-3’216
-12’648
Operating result before taxes
1’508’868
982’788
Extraordinary income, non-recurring Extraordinary expenses, non-recurring
46’952
51’288
-1’500’000 1
-1’000’000 2
Result before taxes
55’820
34’076
Income taxes
-133’732
-79’932
Net result
-77’911
-45’856
been transferred by ECA to a blocked account on behalf of the ECA Foundation. 2 This 2021/22 season item corresponds to the ECA’s contribution to an overall €1.0m donation to European clubs’ efforts with humanitarian initiatives to assist the Ukrainian people. This donation programme was performed under the supervision of the Board- appointed Ukraine Relief Committee and facilitated by the UEFA Foundation for Children.
1 €0.5m was donated to UNCHR to supports efforts with humanitarian initiatives in order to assist with aftermath of the Türkiye and Syria earthquakes. As presented to the ECA General Assembly in March 2023, ECA is currently in a process of creating a dedicated ECA Foundation to run club dedicated activities. The ECA Executive Board approved on 10 June 2023 the presented statutes of the ECA Foundation and confirmed the €1.0m kick-start donation from the 2022/23 season. This amount has
7
Financial Report 2021/22 and Budget 2022/23 Financial Report 2022/23
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