2021 financial statements

Consolidated statement of comprehensive Income

5 min. reading time
in TUSD Note 2021 2020
REVENUE
Revenue from television broadcasting rights 1 ] 123,119 1,724
Revenue from marketing rights 2 ] 131,387 74,450
Revenue from licensing rights 3 ] 180,202 158,881
Revenue from hospitality/accommodation rights and ticket sales 4 ] 12,172 0
Other revenue 5 ] 85,621 29,020
Other income 6 ] 233,987 2,466
Total revenue and other income 766,488 266,541
EXPENSES
Competitions & Events 7 ] -234,380 -63,385
Development & Education 8 ] -554,763 -470,603
Football Governance 9 ] -43,877 -30,276
Total expenses from football activities -833,020 -564,264
FIFA Governance & Administration 10 ] -191,967 -168,901
Marketing & TV Broadcasting 11 ] -52,384 -40,928
Total expenses from administrative activities -244,351 -209,829
COVID-19 Relief Plan – grants (stage 3) 12 ] -44,500 -270,500
Total other expenses -44,500 -270,500
Result before taxes and financial result -355,383 -778,052
Taxes and duties 14 ] -1,591 -471
Financial income and costs, net 13 ] 44,762 95,529
Net result for the year -312,212 -682,994
Other comprehensive income
Items that will not be reclassified to profit or loss
Remeasurements of post-employment benefit obligations 31 ] 43,270 -6,214
Items that may be subsequently reclassified to profit or loss
Foreign currency translation differences -228 377
Net gain / (loss) on cash flow hedges 30 ] 35,894 -18,887
Net gain / (loss) on debt instruments at FVOCI -9,482 2,565
Total other comprehensive income 69,454 -22,159
Total comprehensive income for the year -242,758 -705,153
Net result for the year -312,212 -682,994
Allocation to restricted reserves 312,212 682,994
Result for the year after allocation 0 0