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Financial Overview and Budget Planning for FIG: 2002-2005

This report, prepared by Vice President Ralf Schroth, outlines the financial status of the FIG Federation for the years 2002 to 2005. It highlights total assets of 518,860 CHF, an operating result of 127,848 CHF, and stable financial conditions despite rising costs. Budget forecasts for 2003 and 2004 indicate positive outcomes, with slight increases in subscription rates anticipated for 2005. The report addresses currency changes and the importance of broadening the income base to ensure continued financial stability and support for the federation's activities.

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Financial Overview and Budget Planning for FIG: 2002-2005

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  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

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