Treasurer’s report ISoP Annual Meeting

(AGM) Prague, October 29th 2015 Prepared by

Brian Edwards Treasurer, ISoP

Acknowledgements

Sophie Spence

WHAT HAS HAPPENED SINCE THE ANNUAL MEETING IN OCTOBER 2014?

•  Annual Meeting in Tianjin was a success – 98 new members (78 industry/government/academia; 20 emerging country/student)

•  Mysore training course in January a success with surplus of 5,124 euros (including UMC grant)

•  Sao Paulo training was also a success with 21,161 surplus of euros. •  Annual grant for 2016 from WHO-UMC to be renewed. •  Membership fees as of January 2016 will continue to be Ø 215 euros (with Drug Safety online) Ø 95 euros (with Drug Safety online)

•  The Hive (webmaster) was retained to upgrade website (16,658 euros) and add PV curriculum site: Total: 19,636 euros (Budget: 17,130 euros)

•  Balance of Euros Account as 30th Sept 2015 at 116, 631 euros

ISoP Budget 2016

Income (euros) Expenses (euros)

Membership fees 60,000 Salary/Pension/per diem 50,560

UK accountant 1,000 Profit mid-year training N/A IT support (website) 6,230 UMC grant 5,000 Swiss accountant and taxes 4,000

Springer 16,000 Development travel fund 5,000 ISoP Secretariat expenses 3,000

CIOMS fee & attendance 1,000 Bank + transaction charges 1,300 Prague Worldpay charges 2,000 Profit from Annual Meeting N/A VAT+ other taxes 1,000

New Member fees

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-------- 65,000 91,090