1 / 9

EACPR Finances FY 13-14 Forecast FY 14-15 Budget

EACPR Finances FY 13-14 Forecast FY 14-15 Budget. U. Landmesser , EACPR Treasurer. Reminder : Budget matrix. Profit activities (Commercial Activities ) EACPR Product Offer : EuroPRevent Educational courses O nline learning … Objective: finance non-profit activities. Provide

cale
Télécharger la présentation

EACPR Finances FY 13-14 Forecast FY 14-15 Budget

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. EACPR FinancesFY 13-14 ForecastFY 14-15 Budget U. Landmesser, EACPR Treasurer

  2. Reminder: Budget matrix Profit activities (Commercial Activities) EACPR Product Offer: EuroPRevent Educational courses Onlinelearning… Objective: finance non-profit activities Provide content Generate revenue Need to diversify sources of revenues and develop product portfolio! Non profit activities (Association Activities) Corescientificactivities Surveys, Position papers… U. Landmesser, EACPR Treasurer

  3. Fiscal Year 2013-20141st April 2013-31st March 2014 Income: • Sponsorship & Grants secured for Global CVD Activities • Sponsorship & Grants from previous FY provisioned for the Prevention Implementation Programme and Guidelines Learning Tool. • EJPC royalties Expenses: • EuroPRevent 2013 : Financial Loss to be covered by EACPR budget • Expenses re-assessed (ie, Winter Meeting budget & format) • Cost containment reinforced • Budget reconciliation by ESC Accounting Department (April 2014) • End of FY Actuals will be available in June U. Landmesser, EACPR Treasurer

  4. Fiscal Year 2013-20141st April 2013-31st March 2014 U. Landmesser, EACPR Treasurer

  5. FY 14-15 l Budget1 April 2014 - 31 March 2015 Assumptions : Income Provisions from secured sponsorship will be allocated to this Fiscal Year: 33 K€ for the Prevention Implementation Programme III 87 K€ for the Guidelines Learning Tool 45K€ for the Global CVD Activities. Assumptions for EJPC – EuroPRevent Profit/Loss The profit share for EuroPRevent 2014 was estimated to: 77 K€ - to be reassessed The profit share for EJPC is estimated to 113 K€ The Profit share for educational courses and textbook meetings is estimated to 5 K€ New sponsorship (to be secured) 342 K€ sponsorship remains to be secured. In the event that industry support cannot be secured, projects will not be conducted and the expenses will not be engaged. The following projects will require fundraising: Educational training fellowship programme 139K€ EXPERT Flowchart 31 K€ Health Professional Toolkit (update & e-version) 30 K€ CPX Poster 12 K€ GERAS trial 130 K€ U. Landmesser, EACPR Treasurer

  6. FY 14-15 l Budget1 April 2014 - 31 March 2015 Assumptions : Expenses Cost containment will be observed for the Association operational expenses Based on the Executive Officers requirements, budgets for each committee should be at least break-even for the next FY. Temporary staff: A renewal of the Administrative Assistant CDD is requested to cover the period December 2013-December 2014 (related costs will be covered by the Global CVD activities and Guidelines Learning Tool sponsorship). It is expected that a new membership scheme and product offer will generate additional revenues on FY 15-16. U. Landmesser, EACPR Treasurer

  7. FY 14-15 l Budget1 April 2014 - 31 March 2015 Budget approved by ESC Board in March ESC Board asked all ESC Associations to present a new version for validation in June U. Landmesser, EACPR Treasurer

  8. Budget evolution 2011-2014 U Landmesser, EACPR Treasurer

  9. In Conclusion • EACPR remains too congress centric in terms of revenues; the 2013 congress results and the losses forecasted for EuroPRevent 2014 prompt for an urgent assessment of the EuroPRevent business model for long-term sustainability. • Our Association needs to redefine its strategic plan and business model to diversify sources of income. U. Landmesser, EACPR Treasurer

More Related