International Floorball Federation

INTERNATIONAL FLOORBALL FEDERATION

Financial Report 2003
Statement of income 2003

INCOME			Budget	Diff.

Transfers		26800.00	21000.00	5800.00
Participation fees		110000.00	108000.00	2000.00
Membership fees		37341.00	37000.00	341.00
Organizers fees		19000.00	40000.00	-21000.00
Sponsors & Advertisements		58668.05	120000.00	-61331.95
Lic. revenues & royalties		205949.40	210000.00	-4050.60
Fines		0.00	0.00	0.00
Other		3780.21	1000.00	2780.21
Total income	CHF	461538.66	537000.00	-75461.34

COSTS			Budget	Diff.

Central activities		22173.54	42200.00	22026.46
Office		172399.75	217000.00	44600.25
Central Board		29125.36	32000.00	2874.64
Presidents' meeting 2003		6169.06	2000.00	-4169.06
External meetings		4879.55	0.00	-4879.55
Rules & Competition Committee		15767.10	16000.00	232.90
Referee Committee		19139.56	19400.00	260.44
Education & Dev. Committee		3639.87	16300.00	12660.13
Material Committee*		147394.25	160000.00	12605.75
Marketing & Info. Committee		14145.64	16800.00	2654.36
Senior Adviser's Group		0.00	2700.00	2700.00
Appeal Committee		870.99	2800.00	1929.01
Disciplinary Committee		0.00	2800.00	2800.00
Losses on claims		0.00	0.00	0.00
Other		0.00	0.00	0.00
Total costs	CHF	435704.67	530000.00	94295.33

Profit/loss	CHF	25833.99	7000.00	18833.99

* The outcome of the material appr. system was:			Income	205949.40
			Costs	140160.78
			Profit	65788.62


Balance sheet 31.12 2003
Assets
		01.01 2003	31.12 2003
Current assets
Cash		0.00	0.00
Credit Suisse 559200-10		1488.90	0.00
Credit Suisse 559200-11		158465.10	309783.10

Receivables
Claims 2001		1722.16	0.00
Claims 2002		48116.00	11472.16
Claims 2003		0.00	45100.00
Accr.income & deferr. expenses		56870.00	32580.00
Receivables from rel.parties		0.00	0.00
Total assets	CHF	266662.16	398935.26

Liabilities and equity

Current liabilities
Accr. expenses & deferred income		-82000.00	-144890.15
Other current liabilities		0.00	0.00
Transfers to reserves		-60167.41	-72046.12
Development Board reserves		-56012.57	-87682.82
Equity
Retained earnings		-68482.18	-68482.18
Profit/loss 2003		0.00	-25833.99
Total liabilities & equity	CHF	-266662.16	-398935.26