INTERNATIONAL UNION OF GEOLOGICAL SCIENCES TREASURER s REPORT Until 30 June 2008 Trieste 7 July 2008 1
INDEX REALIZATIONS 2008...3 FINANCIAL SITUATION 30 June 2008...3 Bank assets...3 Current accounts still open...3 Reserve accounts...3 Bank Interest...4 Bank charges...4 Movements...5 DETAILED BUDGET 2008 AND REALIZATION until 30 June 2008...6 INCOME - 2008...6 DETAILED EXPLANATION OF MEMBERSHIP FEES 2008...7 List of Member Countries 2008 and status...8 DETAILED EXPLANATION OF EXPENSES 2008 until 30 June 2008... 11 CONCLUSION... 13 Final Comments... 13 2
REALIZATIONS 2008 FINANCIAL SITUATION 30 June 2007 BANK ASSETS CURRENT ACCOUNTS STILL OPEN In 2008 IUGS had only two current accounts and a short term guaranteed deposit account open in Trieste (Italy) as shown in the table that follows. ACCOUNT/ CURRENCY USD UNICREDIT, Carducci - TRIESTE IT 90 Y 02008 02242 000040029010 385,530.79 - UNICREDIT, Carducci - TRIESTE IT 90 Y 02008 02242 000040029008-2,004.53 Ass. Generali Trieste Policy n 6.152.337-491,482.10 TOTAL 385,530.79 493,486.63 FINANCIAL SITUATION on 30.06.2008: 1,160,305USD The amounts of Hutchison, Russian and Officers from Developing Countries reserve accounts are included into the IUGS accounts Exchange rate 30.06.2008 1 = 1.57 USD RESERVE ACCOUNTS IUGS 400,000 USD has been put into a short term guaranteed deposit account to Assicurazioni Generali Trieste in June 2004. In March 2006 an additional 125,000 USD have been put in the same short term guaranteed deposit account. Hutchinson account: This account now holds an amount of USD 46,640.70. Russian Reserve: This account now holds an amount of USD 63,900. Reserved fund for Officers from Developing Countries: This account now holds an amount of USD 9,000. During the EC meeting in Punta Arenas on January 2006, the EC decided to start a Reserve Fund to fully support officers from developing countries. 3
BANK INTERESTS ACCOUNT/ CURRENCY USD UNICREDIT, Carducci - TRIESTE IT 90 Y 02008 02242 000040029010 2,011.00 - UNICREDIT, Carducci - TRIESTE IT 90 Y 02008 02242 000040029008-65.58 Ass. Generali Trieste Policy n 6.152.337-8,545.87 TOTAL 2,011.00 8,611.45 TOTAL on 30 June 2008: USD 15,531.00 Exchange rate 30.06.2008 1 = 1.57 USD BANK CHARGES Includes all the expenses of the bank transfers and the bank account costs. ACCOUNT/ CURRENCY USD UNICREDIT, Carducci - TRIESTE IT 90 Y 02008 02242 000040029010 1,675.90 (bank transfer fees) 184.62 (bank account costs) - UNICREDIT, Carducci - TRIESTE IT 90 Y 02008 02242 000040029008-108.36 (bank transfer fees) 191.80 (bank account costs) 36.90 (bank duties) Ass. Generali Trieste Policy n 6.152.337 - - TOTAL 1,860.52 337.06 TOTAL on 30 June 2008: USD 2,389.70 Exchange rate 30.06.2008 1 = 1.57 USD BALANCE Bank interest on 30 June 2008 USD 15,531.00 Bank charges on 30 June 2008 USD 2,389.70 Balance USD + 13,141.30 4
MOVEMENTS UNTIL 30 JUNE 2008 Received USD for previous years for 2008 for future years TOTAL fees 31,081.00 262,875.23 1,940.00 295,896.23 other incomes 22,796,00 5,756.73-44,083.73 Received in 2008 53,877,00 268.631.96 1,940.00 324,448.96 for explanation see page 6 SUBTOTAL: USD 339,979.96 Plus Bank interests (USD 15,531) TOTAL until 30 June 2008: USD 339,979.96 Paid USD for previous years for 2008 for future years TOTAL missions 2,840.00 46,837.00-49,677.00 other expenses - 120,680.00-120,680.00 Paid in 2007 2,840.00 167,517.00-170,357.00 for explanation see page 11 SUBTOTAL: USD 170,357.00 Plus Bank charges (USD 2,389.70 ) TOTAL: USD 172,746.70 Balance Income until 30 June 2008: USD 339,979.96 Expenses until 30 June 2008: USD 172,746.70 Balance: USD + 167,233.26 5
DETAILED BUDGET 2008 and REALIZATION until 30 June 2008 INCOME 2008 The income in USD, are presented in the following table. INCOME USD Budget 2008 Realisation 30 June 2008 Membership fees 360 011 295 896.23 IGCP Programmes UNESCO for 2008 1 48 000 UNESCO balance for 2007 2 21 796 21 796 UNESCO other contracts 2008 Episodes dissemination 2 500 UNESCO other contracts 2007 Episodes dissemination 3 1 000 1 000 Other Incomes Geol. Soc. London 4 5 756.73 Bank Interests 2 114 Intersts Assicurazioni Generali - Trieste 13 417 TOTAL INCOME 339 979.96 1 = IUGS for 2008, signed the contact with UNESCO for IGCP for an amount of USD 48,000. The remain amount (USD 42,000) for IGCP will directly transferred by UNESCO to the field offices. 2 = The agreement with UNESCO for 2007 was USD 92,500. In May 2008 we received the balance for 2007. 3 = Contract with UNESCO for 2007 was USD 2,450. The amount of USD 1,450 was received in 2007 (and immediately transferred to Episodes China) and the last rate of USD 1,000 received in February 2008 and immediately transferred to Episodes China. 4 = From the Geological Society of London for Special volumes from 32 nd IGC - Florence: Publication fee for Special volumes: 226, 133, 205, 285, 288 6
DETAILED EXPLANATION OF MEMBERSHIP FEES until 30 JUNE 2008 The table below indicates the categories, the fees for each category, the number of countries belonging to each category and the theoretical budget 1 if all of them have paid for 2008. CATEGORY VALUE (USD) NUMBER COUNTRIES BUDGET 2008 1 REALIZATION for PREVIOUS YEARS until 30 June 2008 REALISATION until 30 June 2008 1 521 69 35 949 3 443 7 817,23 2 1 042 15 15 630 1 002 9 378 3 2 084 16 33 344 3 944 27 193 4 3 647 8 29 176 3 508 25 529 5 6 252 1 6 252 - - 6 10 420 2 20 840-10 420 7 18 235 4 72 940 19 184 36 696 8 36 470 4 145 880-145 842 Total budget 2007 119 360 011 31 081 262 875.23 TOTAL INCOME FROM MEMBERSHIP FEES UNTIL 30 JUNE 2008: 295 896.23 USD (included Argentina for 2009) The table below indicates the status of all the countries until 30 June 2008. The active, the inactive and the number of the active members that paid until 30 June 2008. In brackets in green the number of counties that have paid in 2007. CATEGORY ACTIVE INACTIVE TOTAL NUMBER COUNTRIES that have paid until 30 June 2008 1 44 25 69 15 (26) 2 14 1 15 9 (12) 3 16-16 13 (12) 4 8-8 7 (6) 5 1-1 - (1) 6 2-2 1 (2) 7 4-4 2 (4) 8 4-4 4 (3) TOTAL 93 (88 in 2007) (83 in 2006) (77 in 2005) (79 in 2004) 26 (30 in 2007) (35 in 2006) (40 in 2005) (37 in 2004) 119 (118 in 2007) (118 in 2006) (117 in 2005) (116 in 2004) 51 (66 in 2007) (69 in 2006) (60 in 2005) (55 in 2004) 7
List of Member Countries until 30 June 2008 and status Total 119, 93 active, 26 inactive Comments Cat. 1: IUGS had a new member: Lesotho. Ivory Coast, Senegal and Tunisia became Active. Cat. 2: Croatia, Cyprus, Estonia upgraded their category from 1 to 2. Cat. 3: Czech Republic and South Korea upgraded their category from 2 to 3. Ukraine became Active. Cat. 4: Denmark upgraded their category from 3 to 4. Cat. 8: UK upgraded their category from 7 to 8. COUNTRIES CATEGORY STATUS until 30 June 2008 Albania 1 A paid Angola 1 A Azerbaidjan 1 A Bangladesh 1 A Bosnia and Herzegovina 1 A Cameroon 1 A Colombia 1 A Congo 1 A Gambia, Republic of 1 A Guyana 1 A Iceland 1 A Ivory Coast 1 A paid Jamaica 1 A Jordan 1 A Kenya 1 A Latvia 1 A Lebanon 1 A paid Lesotho 1 A paid Libya 1 A Lithuania 1 A paid Luxembourg 1 A paid Malawi 1 A Malaysia 1 A paid Mozambique 1 A paid Namibia 1 A Nigeria 1 A Pakistan 1 A Peru 1 A paid Senegal 1 A paid Serbia 1 A paid Slovenia 1 A paid Sudan 1 A paid Surinam 1 A Syria 1 A Tanzania 1 A COUNTRIES CATEGORY STATUS until 8
30 June 2008 Thailand 1 A paid Tunisia 1 A Uganda 1 A Uruguay 1 A Yemen 1 A paid Zambia 1 A Chile 1 A Mongolia 1 A Vietnam 1 A Algeria 1 I Belarus 1 I Belize 1 I Bolivia 1 I Burkina Faso 1 I Burundi 1 I Costa Rica 1 I Cuba 1 I Ecuador 1 I Georgia. 1 I Ghana 1 I Guatemala 1 I Indonesia 1 I Korea North (PDR) 1 I Madagascar 1 I Nicaragua 1 I Niger 1 I Panama 1 I Papua New Guinea 1 I Paraguay 1 I Philippines 1 I Somalia 1 I Sri Lanka 1 I Swaziland 1 I Venezuela 1 I Botswana 2 A Bulgaria 2 A Croatia 2 A paid Cyprus 2 A paid Egypt 2 A Estonia 2 A paid Greece 2 A paid Israel 2 A Mexico 2 A Morocco 2 A paid Poland 2 A paid Portugal 2 A paid Slovak Republik 2 A paid Uzbekistan, Republic of 2 A paid Iraq 2 I Argentina 3 A paid Austria 3 A paid COUNTRIES CATEGORY STATUS 9
until 30 June 2008 Belgium 3 A paid Czech Republic 3 A paid Finnland 3 A paid Hungary 3 A paid Iran 3 A paid Korea South (ROK) 3 A New Zealand 3 A paid Norway 3 A paid Romania 3 A paid Sweden 3 A Taiwan (China) 3 A paid Turkey 3 A paid Ukraine 3 A paid Kazakhstan 3 A Denmark 4 A paid Ireland 4 A paid Netherlands 4 A paid Saudi Arabia, Kingdom of 4 A paid South Africa 4 A paid Spain 4 A paid Switzerland 4 A paid Brazil 4 A India 5 A Australia 6 A paid Canada 6 A China, Peoples Republic of 7 A France 7 A Germany 7 A paid Italy 7 A paid Japan 8 A paid Russia 8 A paid United Kingdom 8 A paid USA 8 A paid 10
DETAILED EXPLANATION OF EXPENSES UNTIL 30 JUNE 2008 The expenses in USD, are presented in the following table. EXPENSES USD Allocated Paid IGCP for 2008 UNESCO * 90 000 IUGS 60 000 IGCP for 2007 16 000 Joint Programmes GARS Geological Application of IUGS 5 000 Remote Sensing UNESCO ILP Scient. Comm. on the Lithosphere 15 000 15 000 Geoparks Networks 5 500 4 065 IUGS Commissions IUGS Task Groups Committees Affiliated Organizations Contributions Other expenses New Commissions (call for proposals) 10 000 CGI (Geoscience Info) 10 000 COGE (Edu., Training / Tech Transfer) 5 000 GEM (Geosci. Env. Mgmt) 10 000 10 000 ICS (Stratigraphy) 40 000 40 000 INHIGEO (Hist. Geol. Sci.) 4 500 TGGB (Geochemical Baselines) 3 000 3 000 TECTASK (Tectonics and Structural Geology) 6 000 TGIG Isotope Data in Geosciences 4 900 PC (Publications Committee) 8 500 8 500 AGID Association of Geoscientists for International Development 1 000 CGMW Commission for the Geological Map of the World 4 000 GSAf Geological Society of Africa 5 000 IAMG International Association for Mathematical Geology 3 000 ICL International Consortium on Landslides 3 000 ICSU 4 250 4 250 Routine Meetings 70 000 46 837 Representative Scientific Meetings for 2008 6 000 Representative Scientific Meetings for 2007 0 2 840 Exhibitions 6 000 Annual report 10 000 Promotion Items 0 Bank Charges 5 000 2 390 11
Episodes IUGS Contribution to China 23 000 Episodes: Dissemin. Devlp. Countries UNESCO 2 500 UNESCO for 2007 1 000 Contingency 12 000 5 865 IUGS Award 3 000 Officers reserves 3 000 3 000 Hutchinson Award 15 000 GEOHOST 20 000 IYPE LOAN 10 000 10 000 TOTAL 483 150 172 747 * = IUGS for 2008, signed the contact with UNESCO for IGCP for an amount of USD 48.000. The remain amount of USD 42.000 for IGCP will directly transferred by UNESCO to the field offices. We received this communication in June 2008, after approving the budget in Marrakech 12
CONCLUSION on 31 st December 2007 Income until 30 June 2008: USD 339,979.96 Expenses until 30 June 2008: USD 172,746.70 Balance: USD + 167,233.26 FINAL COMMENTS IUGS for 2008, signed the contact with UNESCO for IGCP for USD 48.000. The remain amount of USD 42.000 for IGCP will directly transferred by UNESCO to the field offices. We received this communication in June 2008, after approving the budget in Marrakech Bank Interests were: 15.531,00 USD IUGS recovered the amount of 31.081,00 USD as fees for previous years. New member: Lesotho. Ivory Coast, Senegal Tunisia and Ukraine became Active. Croatia, Cyprus, Estonia upgraded their category from 1 to 2. Czech Republic and South Korea upgraded their category from 2 to 3. Denmark upgraded their category from 3 to 4. UK upgraded their category from 7 to 8. Situation of Adhering Organizations: ACTIVE INACTIVE TOTAL 93 (88 in 2007) (83 in 2006) (77 in 2005) (79 in 2004) 26 (30 in 2007) (35 in 2006) (40 in 2005) (37 in 2004) 119 (118 in 2007) (118 in 2006) (117 in 2005) (116 in 2004) IUGS expenditures often do not reflect the real costs. Our annual contribution of USD 23,000 to EPISODES for editing, lay-out, printing and distribution, is relatively small in comparison with the actual costs incurred by the Chinese Ministry of Land and Resources which hosts the Journal. The same holds true for the costs related to IUGS meetings, which are covered, at least in part, by the countries hosting such meetings and for a very substantial part by the parent organisations of the Bureau members (President, Secretary-General and Treasurer and their supporting staff) which cover salary and all their travel costs. These forms of support save IUGS more than USD 100,000 per year. A comparable amount is further saved by IUGS having been given the continuous generous contribution of the Norwegian government to fully financially support the IUGS Permanent Secretariat in Trondheim. IUGS is extremely grateful to the Chinese, the Norwegian, the Canadian and the Italian governments for this generous support that enables the Union to invest significantly more in science development than would be otherwise possible. 13