140 likes | 153 Views
The Economic Crisis and effects on RIRs and RIR Registrations. Jochem de Ruig Chief Financial Officer RIPE NCC. Some effects of the Economic Crisis. Financial Crisis Decrease in GDP Economic Activity Increase in bankruptcies/liquidations Decrease of inflation Increase in unemployment
E N D
The Economic Crisis and effects on RIRs and RIR Registrations Jochem de Ruig Chief Financial Officer RIPE NCC Jochem de Ruig
Some effects of the Economic Crisis • Financial Crisis • Decrease in GDP Economic Activity • Increase in bankruptcies/liquidations • Decrease of inflation • Increase in unemployment • …..for the first time since 1945 Electricity use worldwide will decrease estimated by 4% Jochem de Ruig
Effect areas on the RIPE NCC • Financial effects • Membership development effects • New LIR growth • LIR closures • Because of liquidation / bankruptcy • Increase in mergers for Service Fee cost efficiency • Due to “cost saving” • Business effects • Work load changes due to lower economic activity • Decrease of inflation • Increase of unemployment Jochem de Ruig
Financial effects • Increased interest rates on deposits – higher income • Mid term will show a decrease in interest income Eurior 3 months rate Jochem de Ruig
Membership EffectsNew LIR development 2006 - 2009 2006 2007 2008 2009 Jochem de Ruig
Conversion rate New LIRs Jochem de Ruig
12 Months New LIR growth average 2006 2007 2008 2009 Jochem de Ruig
LIR Closures • Currently 150 LIRs closed (30 April 2009) vs 113 in 2008 • Increase of 30% but only 2% of members • So no significant increase in bankruptcies yet…. • So no significant increase in mergers / takeovers yet… Jochem de Ruig
UK Membership effectsTop 5 countries 2001 – May 2009 701 2001 2002 2003 2004 2005 2006 2007 2008 2009 Jochem de Ruig
UK member info per 24 May 2009 • Currently 701 UK members (24 May 2009) • UK members growth 15 (2008: 21) • UK applications 40 in 2009 (2008: 45) Members per country 2009 New members per country 2009 Jochem de Ruig
Demographics of LIRs in the UK Jochem de Ruig
Business effectsGeneral indicator of workload “Number of requests” Jochem de Ruig
Summary & Conclusions • Financial effects– impact increase income in 2008 • New LIR growth – lower because of low conversion rate • LIR closures – increased but not significantly • No work load changes due to lower economic activity • Low inflation positive for RIPE NCC expenses • Easier recruitment Jochem de Ruig
Questions ? Jochem de Ruig