1. ISCB Treasurer’s Report
07/13/19
ISCB Treasurer’s Report
Annual General Meeting
Wed, 17 Aug 2019
ISCB40 Leuven 1

2. ISCB39 Melbourne preliminary accounts
07/13/19
ISCB39 Melbourne preliminary accounts
Income Total
AUD 702,349 `
Seed Money
AUD 40,000
Registration fees and Membership Fees
AUD 474,275
Pre-conference Courses
AUD 63,325
Sponsorship/Exhibitors
AUD 50,900
Social Programme and other
AUD 73,849
Expense Total
AUD 671,296
Congress organization including facilities
AUD 367,157
Catering and social events
AUD 134,187
Invited speakers
AUD 88,268
Miscalleneous
AUD 41,684
Return of seed money
Congress Surplus
AUD 31,053
GST
AUD 2,823
Congress Surplus after GST
AUD 28,230
Membership fees to SSA and ISCB
AUD 21,560
To be paid by ISCB (Awards,...)
AUD 34,652 2 2

3. Bank Accounts subtotal 235,772 280,434 360,052
07/13/19
Equity position
2019
2018
2017
Assets
Bank Accounts subtotal
235,772
280,434
360,052
Nordea DKK account
137,703
138,570
Nordea Euro account
142,731
221,482
Postfinance Euro account
Others subtotal
20,000
68,651
Accounts receivable
787
Total Assets
300,434
360,819
Liabilities
Owing to Permanent Office
11,080
Audit
2,320
Prepayment account, members 10
Accounts payable
728
Total Liabilities
14,138
ASSETS LESS LIABILITIES
246,681
EQUITY brought forward
346,681
371,663
Net Income
-64,662
-46,247
-24,982
EQUITY carried forward 3

4. 07/13/19
Membership 4 4

5. 2020 Budget Proposal budget results 2020 2019 2018 INCOME
07/13/19
budget
results
2020
2019
2018
INCOME
Membership fees
35,000
30,000
26,240
Conference surplus
25,000
58,460
Advertising plus interest
1,000
900
Total
71,000
56,000
85,600
EXPENSES
Permanent Office
32,000
37,000
18,302
Officers and ExCom
12,000
15,000
9,276
StCA+CASc (fees, trav. supp., accom.)
7,183
Support NG Reps, CFDC, Students gathering, Honorary Members1
21,000
23,000
1,541
President invited speaker
2,000
Education SC courses
3,000
5,000
3,236
Newsletter
6,907
Miscellaneous (incl legal advice)
18,000
4,489
90,000
115,000
49,393
2020
Budget
Proposal
1 NG reps: 3,000; CFDC: 15,000; Students gathering: 1,500, Honorary members= 1500 5 5

6. Budget Considerations
07/13/19
Budget Considerations
Need to keep thrice (€ K) the operating expenses in reserve
The current equity (~ €240K) is still above what is needed
Trend in past years needs changing
Propose to maintain fees for the moment until uncertainty is removed
Aim to counteract by more profit on conference and reduction of costs 6