1. 15/12/2018
UEMS Council Meeting
13/04/2019

2. Explanatory notes
Balance sheet information and Profit & Loss report should be looked at the same time.
For example :
P&L => Net loss in 2018 of 69k €
Balance sheet => cumulated profit of 2M° €
Over the last 3 years cumulating profit of 1,3M°€

3. 2015
2016
2017
2018
Bank Assets
Expenditures (operating)
Total Income ,

4. Accounting Objectives
Closer monitoring of bodies expenses but require faster access to supporting documentation
Implementation of « Coda » bank system for faster recording of bank transaction in the bookeeping
Improving relationship between treasurer and UEMS Brussels office => treasurers’ meeting
Increasing use of the UEMS Admin platform

5. UEMS perspective
Sustainable income over the coming years between 2,8 and 3M° € - To be confirmed in the next budget planning,
Within UEMS => Continuous improvement of financial data sharing
Better planning
Better documentation
Better financial reporting (certification of account)

6. 15/12/2018
UEMS Board Meeting
12/04/2019