INTERNATIONAL FEDERATION OF RED CROSS AND RED CRESCENT SOCIETIES, GENEVA NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Page 13
Public
2.1 Income (continued) (c) Services income Income from the provision of services comes from supplementary services priced on a cost-recovery basis to National
Societies, including fleet services, logistics services, and administrative services in countries where National Societies
are working bi-laterally with the local National Society, rather than multi-laterally with the IFRC and the local National
Society. The IFRC provides contracted services, in the form of grant and programme management services, to other
humanitarian actors. Priced on a cost-recovery basis, income from these services is included under Services income in
the Consolidated Statement of Comprehensive Income.
Income from the provision of services is within the scope of IFRS 15 Revenue from Contracts with Customers, except
for rental of vehicles under operating leases and leases of property that are within the scope of IFRS 16 Leases. These are
reflected as Lease income below.
Restricted Unrestricted Total 2022 CHF 000s CHF 000s CHF 000s Services income
24,627
-
24,627
Services income - ESSN Project
28,999
-
28,999
Total Services income from
contracts with customers
53,626
-
53,626
Lease income
581
73
654
Total Services income 54,207
73
54,280
2021 Services income
20,248
-
20,248
Services income - ESSN Project
42,370
-
42,370
Total Services income from
contracts with customers
62,618
-
62,618
Lease income
217
56
273
