Croatia's ruling Croatian Democratic Union (HDZ) party reported a surplus of 13 million kuna (€1.7 million) in their publicly released financial report for 2018, with party's revenues totalling 43 million kuna (€5.8 million).

Meanwhile, the largest opposition party, the Social Democrats (SDP) reported a surplus of 4 million kuna (€540,000).

According to their financial statements, their main source of revenues was the funding from the state budget paid out to political parties, which is proportionally allocated depending on the numbers of Parliament seats and local offices held by any given party.

Based on that, the two major parties HDZ and SDP received 34.1 million kuna (€4.6 million) and 13.5 million kuna (€1.8 million) of taxpayers’ money respectively.

HDZ had earned another 7.6 million kuna (€1 million) from membership fees, while donations to the party totalled 655,000 kuna (€88,500).

SDP said that they would use their 4 million kuna balance to cover some of the deficits incurred in earlier years, which they said currently stood at 12.3 million (€1.6 million).

As for smaller parties, the conservative populist Most party, which holds 10 seats in the 151-seat Parliament, ended the year 16,000 kuna (€2,100) in the red.

The liberal Croatian People’s Party (HNS) and the centrist Croatian Peasant Party (HSS) ended 2018 in the black.

(€1 = 7.40 kuna)

Follow N1 via mobile apps for Android | iPhone/iPad | Windows| and social media on Twitter | Facebook.