The Wireless World Research Forum Financial Report Fiona Williams Ericsson Research.

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Financial Report

Fiona WilliamsEricsson Research

WWRF - 2Wireless World Research Forum

Financial ReportFinancial Report

Financial Organisation Report of financial status 2001/2002

Basis of expenses• Office expenses• Chairman expenses• Academic members subsidy to attend meetings

Income and expenditure summary Budget 2003

Assumptions Expense budget Income and expenditure summary


Finance OrganisationFinance Organisation

Treasurer function: financial planning and budgeting, authorisation of payments and controlling cash-flow, done by Ericsson (Karina and I), countersigned by Werner Mohr, Siemens

Book-keeping: Being done by Interhold in Switzerland, according to Swiss law

Auditing: Annually, proposed to be organised by Interhold with a Swiss auditing company, Curator Auditing, according to Swiss law.

The first audit of the accounts will take place in early 2003 and will cover the period of the first financial year

First financial year of WWRF is from 14 August, 2001 to 31st December, 2002. Thereafter, it will be the calendar year

The invoices for the membership fees for 2003 have been sent out in the last few days


Report of financial status for 2001/2002

Report of financial status for 2001/2002

Income for 2001/2002 is much more than planned Expenditure has been less than planned

Bank balance will be very strong at the end of the year enabling us to undertake major investment next year and to maintain a very good financial reserve for the forum

Cash flow positive and will stay positive if we keep a good cash reserve during next year


Expenses Basis in 2001/2002

Expenses Basis in 2001/2002

The basic running expenses of the Forum for the period 2001/2002 Use of Swiss address and Swiss book-keeping company Legal fees for the inauguration of the forum Banking fees for the forum account Web server space rental Web site design and publicity materials Other minor expenses connected with the forum

The participation of one member per University Member at each Forum Workshop will be subsidized during the period

The Chairmen, coming from academic institutions, receive the sum of 10.000 Euro per year, or pro-rata per part of a year, to cover their travel costs and preparation work for forum meetings and publications for the period 2001/2002


Office Expenses 2000/2001Office Expenses 2000/2001

Office Costs 2001 Q1 2002 Q2 2002 Q3 2002 Q4 2002 Q4 2002 Totalactual actual actual actual actual 30.10 addtional planned

Book-keeping 0.00 0.00 1,940.18 0.00 874.08 6,000.00 8,814.26Office address 0.00 0.00 595.79 0.00 0.00 600.00 1,195.79Inauguration legal expenses 0.00 0.00 8,899.64 0.00 0.00 0.00 8,899.64Bank Charges 0.00 51.08 9.36 6.14 6.17 0.00 72.75Web Site Design 0.00 0.00 0.00 0.00 0.00 12,500.00 12,500.00Web server charge 0.00 0.00 502.91 403.87 117.41 450.00 1,474.19Headed paper,etc 0.00 0.00 0.00 0.00 0.00 0.00 0.00Advertising 0.00 0.00 0.00 0.00 0.00 0.00 0.00Minor expenses/Steering Board meetings 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total Office Expenses accumulated 0.00 51.08 11,998.96 12,408.97 13,406.63 32,956.63


Chairperson & meeting

expenses 2000/2001 Chairperson & meeting

expenses 2000/2001

Academic Chairperson Expenses 2001 Q1 2002 Q2 2002 Q3 2002 Q4 2002 Q4 2002actual actual actual actual actual 30.10 addtional planned

0.00 3,339.77 0.00 3,348.30 0.00 33,333.00

Meeting Expenses for Universities 2001 Q1 2002 Q2 2002 Q3 2002 Q4 2002 Q4 2002actual actual actual actual actual 30.10 addtional planned

2,262.10 15,000.00


Income & Expenditure Summary

(30.10.02) Income & Expenditure Summary

(30.10.02) EURO Q4/2002 Total 02 Fees unpaid

Income Budget 30.10.02 Plan

Sponsor Members 112,991.70 36,000.00 148,991.70 4Full Members 76,858.87 27,000.00 103,858.87 27

Income 189,850.57 63,000.00 31Balance of closing entries 31.03

Total Income 189,881.60 252,881.60

Expenditure Budget

Office Expenses 13,406.63 32,956.63Academic Chairperson Expenses 6,688.07 33,333University participant Meeting Expenses 2,262.10 15,000

Total Costs 22,356.80 81,289.63

Net surplus as per 30.10.2002 167,524.80 171,591.97


Budget 2003 assumptionsBudget 2003 assumptions

30 new members, 20 of which are universities, expected Working Group Chairs – 5 working group chairs assumed Assumed 3 large meetings during the year

Optional items:

International “branding” of the forum Running “roadshows” in Asia to get more members Advertising for the forum to get members and

publicise meetings


Expenses Budget 2003Expenses Budget 2003

Office Costs Q1 2003 Q2 2003 Q3 2003 Q4 2003 Total

Workshop Organisation 0.00 0.00 0.00 0.00 0.00Secretariat 0.00 0.00 0.00 0.00 0.00Book-keeping 3,900.00 2,500.00 2,500.00 3,100.00 12,000.00Office address 0.00 0.00 600.00 0.00 600.00Bank Charges 100.00 100.00 100.00 100.00 400.00Insurances for liability 0.00 2,000.00 0.00 0.00 2,000.00Web Site Design 0.00 7,000.00 0.00 0.00 7,000.00Web server charge 2,250.00 2,250.00 2,250.00 2,250.00 9,000.00Advertisements in trade magazines 13,000.00 13,000.00 13,000.00 13,000.00 52,000.00Advertising & Marketing Agency Services 0.00 40,000.00 30,000.00 10,000.00 80,000.00Minor expenses Advertising 2,500.00 500.00 500.00 500.00 4,000.00Minor expenses 250.00 250.00 250.00 250.00 1,000.00

Total Office Expenses 22,000.00 67,600.00 49,200.00 29,200.00 168,000.00

Academic Chairperson Expenses Q1 2002 Q2 2002 Q3 2002 Q4 2002 Total10,000.00 10,000.00 10,000.00 20,000.00 50,000.00

Total Academic Chairperson Expenses 50,000.00

Meeting Expenses for Universities Q1 2002 Q2 2002 Q3 2002 Q4 2002 TotalTotal meeting expenses 0.00 10,000.00 12,000.00 9,200.00 31,200.00

Total Expenditures 32,000.00 87,600.00 71,200.00 58,400.00 249,200.00


Income & expenditure budget summary 2003

Income & expenditure budget summary 2003

Income Budget

Subscription Full Members 132 132,000.00Subscription Sponsor Members 18 180,000.00Credit Interest 2,430.00

TOTAL INCOME 314,430.00

Expenditure Budget

Office costs 168,000.00Academic Chairperson Expenses 50,000.00Meeting Expenses for Universities 31,200.00

TOTAL COSTS 249,200.00

Net surplus for 2003 65,230.00

Expected Balance from 2002 150,000.00

The Wireless World Research Forum Financial Report Fiona Williams Ericsson Research.

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