Financial Statement 2023

Basic information

The annual financial statement has been prepared in accordance with the Swiss GAAP FER 21 financial reporting guidelines for charitable and social non-profit organisations.  

For the statement of accounts, Swiss GAAP FER 21 stipulates that the year-end result is reported after changes in funds. Donations are assigned directly to the fund (allocation to funds reflected in income statement). Earmarked or non-earmarked donations contained in the fund will then be used in accordance with Swisscontact’s overall objective to finance project activities (use of funds reflected in income statement). This may be done during the year the donations are allocated, or else in subsequent reporting years. 

The cost structure and apportionment of administrative expenses, administrative programme expenses, and direct programme expenses comply with the ZEWO Foundation guidelines. 

Important benchmarks and figures 


The project volume is kCHF 104,485, which is similar to the previous year's figure of kCHF 105,237. The minor decrease is due to delays and adjustments in project implementation, largely attributable to wars and sanctions in various countries, including Ukraine and Niger. 

Donations and contributions (donations with performance mandates), excluding the federal programme contribution, increased to kCHF 14,615 in the reporting year (previous year: kCHF 14,048), which is attributable to higher project contributions from private donors. 

In addition to project-related donations/contributions, kCHF 120 in free donations were recorded (previous year: kCHF 115). A total of kCHF 120 was utilised, leaving the free donation fund unchanged compared to the previous year (CHF 1,732). 


The expenses for communication and fundraising in 2023 amount to kCHF 848 (previous year: kCHF 677). In relation to total expenses, this amounts to 0.9% (previous year: 0.7%). Expenses have risen due to the increased focus on collaboration with the private sector as part of the strategy adjustment. 

The share of administration in total expenditure was reduced again in 2023 and now stands at 5.4% (previous year: 5.7%). This reduction was achieved thanks to the integration of a subsidiary into the business activities of the Swisscontact Foundation. 

Organisational capital 

The consolidated financial statements of Swisscontact close with a profit of kCHF 791 (previous year: loss of kCHF 279). With a currency translation effect of kCHF 12 (previous year: kCHF -8), the organisational capital amounts to kCHF 16,140 (previous year: kCHF 15,337). 

Project Case Studies

A Solid Foundation: Promoting Vocational Education in the Ukrainian Construction Sector
Since March 2020, Swisscontact has been supporting the construction sector in Ukraine, in order to train qualified technicians. EdUP (Public-Private Partnership to Improved Professional Education in Ukraine) is designed to align the private-sector led vocational education system to the needs of the labour market, upgrading the training of tradespeople in the construction industry to meet EU standards.
An entrepreneurial Vision for Niger’s Digital Future
Niger ranks among the world’s poorest countries. Despite the Sahel region’s interior harbouring valuable raw materials, the majority of the country’s gross domestic product is earned in agriculture and the informal sector. Approximately 80 percent of the population survives on subsistence agriculture, and nearly half of Nigeriens live in extreme poverty. The goal of Swisscontact’s local entrepreneurship promotion programme (PROMEL) is to improve collaboration with institutional partners and the private sector, improving access to markets for businesses, and creating income opportunities for women and young people through educational qualifications.
Results and Impact 2023
A sustainability strategy with a solid foundation 
The private sector as Partner