The Socialist Movement for Integration – 2009 Electoral Funds and Expenses

The Socialist Movement for Integration (SMI) is one of the parliamentary political parties competing in the 2009 parliamentary elections. SMI has submitted for auditing comprehensive balance sheets of its collected and spent funds after the completion of the election process. The electoral finances of this political party consist in public and non-public funds.

During the 2009 electoral campaign, SMI has spent 22,889,831 Leks. Total collected funds amount to 11,400,733 Leks, and the balance sheet for the 2011 electoral campaign records an excess of expenses equal to 11,489,098 Leks, which could not be covered by the collected funds, or 50% of the total expenses.

The structure of funds collected by the Socialist Movement for Integration for the 2009 electoral campaign is fairly dynamic. Thus, the SMI has collected for its electoral campaign a total amount of 11,400,733 Leks. Out of the total, the subject’s revenues from Public Funding in conformity with Article 87 of the Electoral Code amount to 4,590,660 Leks. In addition, the SMI has collected 2,137,000 Leks through private donations.

The party has not drawn on its own funds for covering the campaign expenses. An interesting fact recorded in the SMI’s electoral campaign accounting sheet is that this party has benefited, on the basis of Article 84, point 6, of the Electoral Code, free airtime by private radio/televisions for political advertising, which is calculated as a deductible expense for taxation purposes. This particular accounting item has been recorded separately by the SMI auditor.

SMI – Electoral Funds, 28 May – 28 June 2009 Electoral Campaign

^{Source: The Report of the Independent Auditor on the SMI?s Balance Sheet
of Collected and Spent Funds in the 2009 electoral campaig, from 28 May
to 28 June 2009 http://www.cec.org.al/images/stories/zgjedhje-per-kuvend/2009/fin_subjekteve/rap_auditimi%20ne%20pdf/lsi.pdf
Comments and Analysis: ODA}

Socialist Movement for Integration has collected 1,087,000 Leks, or 50.86% of its donations, from donors with contributions higher than 100,000 Leks, declaring the donors? list in conformity with Article 90 of the Electoral Code. The rest of contributions, or 46.79% of them, consist of donations in services and goods (donations in kind), whereas the remaining 23.39% include donations that are less than 100,000 Leks.

Structure of SMI Donations, 2009 Electoral Campaign

^{Source: The Report of the Independent Auditor on the SMI’s Balance Sheet
of Collected and Spent Funds in the 2009 electoral campaig, from 28 May
to 28 June 2009 http://www.cec.org.al/images/stories/zgjedhje-per-kuvend/2009/fin_subjekteve/rap_auditimi%20ne%20pdf/lsi.pdf
Comments and Analysis: ODA}

The list of the SMI’s donors includes five subjects, of whom three are individuals and the remaining are legal entities. In addition, we would like to emphasize that the two legal entities among the SMI donors have contributed with the donations in kind.

List of SMI donors – 2009 Electoral Campaign

^{Source: The Report of the Independent Auditor on the SMI’s Balance Sheet
of Collected and Spent Funds in the 2009 electoral campaig, from 28 May
to 28 June 2009 http://www.cec.org.al/images/stories/zgjedhje-per-kuvend/2009/fin_subjekteve/rap_auditimi%20ne%20pdf/lsi.pdf
Comments and Analysis: ODA}