STATEMENT OF CHANGES IN RESERVES for the year ended 31 December 2017 Revaluation Reserves US$ Accumulated Funds US$ TOTAL US$ Balance as at 31 December 2015 - 189,640 189,640 Deficit for the year - (90,459) (90,459) Balance as at 31 December 2016 - 99,181 99,181 Revaluation surplus 31,000 - 31,000 Surplus for the year - 279,017 279,017 31,000 378,198 409,198 Balance as at 31 December 2017 45 ZIMBABWE HUMAN RIGHTS NGO FORUM ANNUAL REPORT 2017