Latest GSGSSI Annual Report and GSGSSI Financial Statements

Government SG&SSI Audited Income

The Government of South Georgia & the South Sandwich Islands today publishes its Annual Report 2018 and Financial Statements to 31 December 2018.

The report gives an overview of the governments principal activities in 2018 across the key areas of its strategy. It brings out the strength of collaboration to deliver on its objectives and demonstrates clearly that when working together ‘we are greater than the sum of our parts’. The Financial Statements show a surplus of £1.8 for 2018, taking our General Revenue Fund to over £10m. We have now prudently built up the General Fund to cover capital expenditure on the King Edward Point Wharf Development project and over a year’s operating expenditure. The 2018 austral summer saw significant maintenance work to our heritage assets at Grytviken and this is reflected in slightly higher operating expenditure.

GSGSSI Chief Executive Helen Havercroft would like this opportunity to thank the small team of passionate individuals who make good stewardship of South Georgia & the South Sandwich islands their priority. Thank you!

 

Download: GSGSSI 2018 Annual Report

Download: SGSSI Financial Statements, for the year ending 31st December 2018