Wednesday, April 24, 2013
Oop$ies, They're On To U$ About Over$pending: But But But It Take$ Money To Be Thi$ Fabulou$!
The DRF's Annual Report was released today. The Danish royals don't have a good track record with this money stuff - and that's with a boatload of freebies. If this were money spent on Derf's psychotherapist, it would be better spent. But Madam MoreMore's Prada and private holidays in Australia and endless nude shoe collection along with mooring fees in London for the Dannebrog for a couple of weeks and Daisy's state occasion parties really cause alarm. Give the people what they want, then make 'em pay for it! Shades of France, 1789. Pas på, Daisy!
Both serious, pro-monarchy Berlingske and it's sister-paper BT have articles today on the royal deficit (Berlingske ran the story with the above photie of the whole family and BT went with the below photie of just the Derfsons). Public commentary online is not possible. Daisy and Co. have come in over a million kroner over budget due to last year's 40th Jubilee and the London Olympics during which the royals entertained Danish athletes and others on the Dannebrog, moored at We$t India Dock$. Crickey, can you imagine that bill alone? Good thing MoreMore and Derfie are on separate continents this week (she's in NYC and he's in Peru) until the storm blows over and Danes are back in line with the status quo.
The Royal House Has a Million Kroner Deficit - See How Big It Is
It was expensive to be queen in 2012. State visits and jubilee has been among the major items which means that the royal family came out of 2012 with a deficit of nearly 1.8 million.
Monarchy was thus an income last year of 78,097,574 kroner, while expenditure amounted to 80,772,552 kroner, according to the statements that have been published on Wednesday.
"As shown in the income statement, the period was a loss of 1,780,352 kroner profit was impacted by a number of major events and visits that particular should be highlighted Queen's 40th Anniversary Government in January, the state visit from China in May and the royal family's presence at the Olympic Games in London," says the annual report.
The Queen's jubilee in January last year was celebrated with a carriage ride through Copenhagen, a gala performance at DR Concert Hall and a gala dinner at Christiansborg, while the queen during her stay in London for the summer Olympics held several receptions on the Dannebrog for the Danish Olympic participants, among others. During the Games, the royal family stayed on the Dannebrog, which was docked in the British capital.
The royal deficit will be transferred to the royal family's equity capital for 31 December 2012 according to the report amounted to 18,107,280 kroner.
Back in 2004, the Crown lost as much as 17 million kroner, which was largely due to the Crown Prince Couple's wedding on 14 May and the refurbishment of their home at the Chancellery House at Fredensborg Palace. The following year, however, showed more control of the finances, and the royal family presented a financial report for 2005, which was almost in balance.
In 2011, the royal family had a profit of 975,499 kroner.