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Treasurers Update – 6 Months to 30 June 2014

Treasurers Update – 6 Months to 30 June 2014. Financial Performance YTD June 2014. Revenue to be above budget by $348k. Expenses to be below budget by $123k. Surplus to above budget by $471k. Revenue Performance YTD June 2014. Membership revenue forecast to be $274k above budget.

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Treasurers Update – 6 Months to 30 June 2014

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  1. Treasurers Update –6 Months to 30 June 2014

  2. Financial Performance YTD June 2014 Revenue to be above budget by $348k Expenses to be below budget by $123k Surplus to above budget by $471k

  3. Revenue Performance YTD June 2014 Membership revenue forecast to be $274k above budget IP Resource Application fees tracking $141k above budget Budget included allowance for cost recovery training

  4. APNIC Membership Growth

  5. Capitalisation of professional fees & reduced audit and financial advice costs Expenses YTD June 2014 Changes to the NRO cost sharing formula

  6. Balance Sheet YTD June 2014 Timing of expenses and accruals Capital growth on investments

  7. APNIC’s Reserve

  8. Priorities 2nd half 2014 • Monthly review of 2014 forecast • Review of member fee schedules • 2015 Activity Plan and Budget

  9. Activity Reporting • Introduce a activity view of APNIC’s costs and resourcing by allocating resources and costs • Allocate all transactions to activity codes at source; Invoices, Journals etc. • Report FTE(Headcount), Operating Expenses, and Capital Expenditure by Activity. • 2015 Budget submission to include breakdown of resources and expenditures by Activity

  10. Activity Codes 2015 • Serving Members: • IP Registration Services • Customer Service • Technical Infrastructure • Member Training • Regional Development & Outreach: • APNIC Conferences • Regional Technical Development • Regional Community Engagement • Global Collaboration: • Global Technical Community • Governance • Global Research • Corporate: • Human Resource Management • Finance & Administration • Legal & Governance • Facilities

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