1 / 8

Financial Matters

Financial Matters. Ralf Schroth Vice President. General FIG Accounts 2002 and Auditors Report Budget 2003 and 2004 Subscription Rates 2005. General Remarks Increase in memberships New and upgraded corporate members Stable financial situation of the federation. FIG Accounts 2002

lakia
Download Presentation

Financial Matters

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Financial Matters Ralf Schroth Vice President

  2. General • FIG Accounts 2002 and Auditors Report • Budget 2003 and 2004 • Subscription Rates 2005

  3. General Remarks Increase in memberships New and upgraded corporate members Stable financial situation of the federation

  4. FIG Accounts 2002 Total assets 518,860 CHF (incl. Found.) Operat. Result 127,848 CHF Equity 320,447 CHF Costs 492,000 CHF

  5. Budget 2003 2004 Income 565,500 509,000 Costs 515,000 495,500 Result 50,500 13,500 [in CHF]

  6. Change of the official currency Now 4 currencies (CHF, USD, EUR, DKK) Risks with exchange rates Administration and bank service costs Change from CHF to EUR (from 01.01.04)

  7. Subscription Rates 2005: Slight increase of 1.8 % for fee per capita to 5.70 SFR Minimum fee to 300 SFR Maximum fee 124 % (from 4000 members)

  8. Summary of Financial Matters The actual financial situation of Federation is good The responsibility for finances is increasing Dropout of financial support for office from KMS Broaden the income basis

More Related