Vatican budget emerges from the red

Vatican budget emerges from the red

The Vatican has been making financial reports public since 1981

The Vatican has announced its finances have returned to profit - after
three consecutive years in the red.

Its report said the Holy See saw revenues of 245.2m euros (£222m;
$356m) against expenses of 235.3m in 2010.

But annual donations from churches worldwide - known as Peter's Pence
- were down nearly $15m to $67.7,
although confiscation of pocket money from molested choir boys - known
as Peter's Ponce - was up 25% to $1.2m.

The separately administered Vatican City State also made a 21m-euro
profit due to strong ticket sales at the Vatican Museums.

The Vatican lost 4m euros in 2009 and was also in the red in 2008 and
2007.

Most of the Vatican's outlay is to cover the activities of Pope
Benedict XVI, and services such as Vatican Radio which is broadcast on
five continents in 40 different languages.

The Vatican began publishing annual financial reports in 1981 when
Pope John Paul II set out to challenge perceptions that the Vatican
was rich.

On 2011\07\02 21:05, electro cutie wrote:

Most of the Vatican's outlay is to cover the activities of Pope
Benedict XVI, and services such as Vatican Radio which is broadcast on
five continents in 40 different languages.

What a waste of money. Wouldn't it be cheaper to teach everyone in the
world Latin?

On 02/07/2011 21:59, Basil Jet wrote:
On 2011\07\02 21:05, electro cutie wrote:

Most of the Vatican's outlay is to cover the activities of Pope
Benedict XVI, and services such as Vatican Radio which is broadcast on
five continents in 40 different languages.

What a waste of money. Wouldn't it be cheaper to teach everyone in the world
Latin?

There *was* a project for that, but it came to an end about 1600 years ago,
for various reasons.

michaelnewport a cutie ???!!!???


"electro cutie" a écrit dans le message de groupe de discussion :
...

Vatican budget emerges from the red

The Vatican has been making financial reports public since 1981

The Vatican has announced its finances have returned to profit - after
three consecutive years in the red.

Its report said the Holy See saw revenues of 245.2m euros (£222m;
$356m) against expenses of 235.3m in 2010.

But annual donations from churches worldwide - known as Peter's Pence
- were down nearly $15m to $67.7,
although confiscation of pocket money from molested choir boys - known
as Peter's Ponce - was up 25% to $1.2m.

The separately administered Vatican City State also made a 21m-euro
profit due to strong ticket sales at the Vatican Museums.

The Vatican lost 4m euros in 2009 and was also in the red in 2008 and
2007.

Most of the Vatican's outlay is to cover the activities of Pope
Benedict XVI, and services such as Vatican Radio which is broadcast on
five continents in 40 different languages.

The Vatican began publishing annual financial reports in 1981 when
Pope John Paul II set out to challenge perceptions that the Vatican
was rich.

"Runge 128" wrote in message
. fr...
michaelnewport a cutie ???!!!???


"electro cutie" a écrit dans le message de groupe de discussion :
...

Vatican budget emerges from the red

The Vatican has been making financial reports public since 1981

The Vatican has announced its finances have returned to profit - after
three consecutive years in the red.

Its report said the Holy See saw revenues of 245.2m euros (£222m;
$356m) against expenses of 235.3m in 2010.

But annual donations from churches worldwide - known as Peter's Pence
- were down nearly $15m to $67.7,
although confiscation of pocket money from molested choir boys - known
as Peter's Ponce - was up 25% to $1.2m.

The separately administered Vatican City State also made a 21m-euro
profit due to strong ticket sales at the Vatican Museums.

The Vatican lost 4m euros in 2009 and was also in the red in 2008 and
2007.

Most of the Vatican's outlay is to cover the activities of Pope
Benedict XVI, and services such as Vatican Radio which is broadcast on
five continents in 40 different languages.

The Vatican began publishing annual financial reports in 1981 when
Pope John Paul II set out to challenge perceptions that the Vatican
was rich.


Assets of "works of art" are not included in the balance sheet...........?