IAS 2016 Finances General Members’ Meeting Paris, France 26 July 2017 Finance SubCommittee Treasurer: Celia Christie-Samuels Alex Muganga Muganzi, Roy Chan

Agenda 2016 Audit Performed by KPMG / Clean Summary of Audited Financial Statements Approval of the Financial Report Approval of 2017 External Auditors

2016 - Consolidated Income and Expenditure account 000‘ USD 2016 2015 Staff (FTE) 52 43 Avg Rate CHF/USD 0.987 0.950 Annual income $ 23,421 $ 13,177 Conferences $ 17,201 $ 8,280 HIV Programmes $ 4,786 $ 4,544 Other * $ 1,434 $ 353 Annual expenditures $ 18,736 $ 11,643 Salaries & benefits $ 5,970 $ 4,948 Legal fees $ 64 $ 20 Consulting & Audit fees $ 4,467 $ 2,510 Office expenses $ 749 $ 700 Travel expenses $ 2,947 $ 1,119 Governance $ 186 $ 164 Direct expenses $ 2,886 $ 923 Other expenses $ 146 $ 63 Subgrants $ 1,191 $ 1,097 Financial expenses $ 172 $ 188 Extraordinary non recurring prior period $ (42) $ (89) * Other: Membership dues, Educational Fund, interest

2016 - Consolidated BS 000‘ USD 2016 2015 Assets $ 16,547 $ 10,899 $ 16,547 $ 10,899 Cash & receivable Liabilities Current Liabilities $ 2,531 $ 1,568 Payable & Accrued Revolving Funds & Reserves   IAC RF $ 4,394 $ 3,394 + $1,000K IAS Conf. RF $ 1,031 IAS Conf. IM&A RF $ 1,603 General Reserve $ 1,425 $ 1,239 +$186K Other Reserves* $ 1,260 $ - Detailed page 8 Other Restricted & Designated funds** $ 4,303 $ 2,065 Total Liabilities, Funds & Reserves ** Funds received and reserved, whose use is restricted for specific programmes or projects

AIDS2016 – Audited statement (USD)

IAS General Reserve & AIDS2016 allocations 000’ USD Secretariat - 2016 surplus $53K AIDS2016 – Surplus $133K HIV Programmes – All current pg balanced $0 Total General Reserve 31.12.2016 $1,425K AIDS2016 – Restricted Allocations * AIDS2018 Reserve (decreased l&lmic fees $180k / GV support $250k) $430K AIDS2016 – follow up activities $250K ICT Roadmap & ICT Security assessment $200K CRM & Scholarship system $380K AIDS2016 – few more figures AIDS2016 AIDS2014 Fully Paying Delegates 7,772 6,029 Students/Youth/Post docs 747 732 Media Representatives 775 640 Scholarships 1,323 460 Scholarship expenditures $1,900K $1,347K IAC Revolving Fund $1,000K $1,000K

Check list – Members Approval The complete 2016 Audited Financial Statements (Consolidated + AIDS2016) and relative notes are available in the IAS Annual Report 2016 http://www.iasociety.org/About-the-IAS/Annual-Report-2016 IAS GC IAS Members 2016 – Consolidated FS Approved AIDS2016 Conference External Auditors 2017 - KPMG