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Financial Report 2001
Statement of income 2001
INCOME Budget Diff.
Transfers? 21300.00 20000.00 1300.00
Participation fees 48000.00 35000.00 13000.00
Membership fees 34562.00 40000.00 -5438.00
Organizers fees 23000.00 10000.00 13000.00
Sponsors & Advertisements 26188.00 140000.00 -113812.00
Lic. revenues & royalties 205084.85 140000.00 65084.85
Fines 2000.00 0.00 2000.00
Other? 1308.05 3000.00 -1691.95
Total income CHF 361442.90 388000.00 -26557.10
COSTS Budget Diff.
Central activities 9549.55 9200.00 -349.55
Office? 132425.13 110100.00 -22325.13
Central Board 36130.54 41600.00 5469.46
Presidents' Meeting 2001 2527.90 3000.00 472.10
External Congresses 10200.95 0.00 -10200.95
Rules & Competition Committee 11450.26 12000.00 549.74
World Championships 38333.95 38200.00 -133.95
U19 World Championships 8913.33 0.00 -8913.33
European Cup 12139.05 14500.00 2360.95
Referee Committee 15377.47 15000.00 -377.47
Education & Dev. Committee 11288.30 25300.00 14011.70
Marketing & Info. Committee 10294.90 10300.00 38995
Material Committee* 116940.87 99000.00 -17940.87
Appeal Committee 0.00 3200.00 3200.00
Disciplinary Committee 0.00 3200.00 3200.00
Senior Adviser's Group 0.00 3400.00 3400.00
Losses on claims 0.00 0.00 0.00
Other? 0.00 0.00 0.00
Total costs CHF 415572.20 388000.00 -27572.20
Profit/loss CHF -54129.30 0.00 -54129.30
* The outcome of the material appr. system was: Income 205085
Costs 152541
Profit 52544
Balance sheet 31.12 2001
Assets
01.01 2001 31.12 2001
Current assets
Cash 0.00 0.00
Credit Suisse 559200-10 4036.90 1095.95
Credit Suisse 559200-11 108254.15 19299.05
Receivables
Claims 1997 1120.00 0.00
Claims 1998 1150.00 0.00
Claims 1999 2250.00 0.00
Claims 2000 3250.00 2650.00
Claims 2001 0.00 13417.20
Accr.income & deferr. expenses 71785.39 69323.44
Receivables from rel.parties 6286.00 0.00
Total assets CHF 198132.44 105785.64
Liabilities and equity
Current liabilities
Accr. expenses & deferred income -29431.46 -38646.70
Other current liabilities -150.00 0.00
Transfers to reserves -66105.65 -18822.91
Equity
Retained earnings -102445.33 -115345.69
Profit/loss 2001 0.00 54129.30
Total liabilities & equity CHF -198132.44 -105785.64
AUDIT REPORT
To the general meeting of the International Floorball Fedaration
I have audited the annual accounts, the accounting records and the administration of the board
of directors of International Floorball Fedaration for the year 2001-01-01 to 2001-12-31.
These accounts and the administration of the company are the responsibility of the board of
directors. My responsibility is to express an opinion on the annual accounts and the administration
based on my audit.
I conducted my audit in accordance with generally accepted auditing standards in Sweden. Those
standards require that I plan and perform the audit to obtain reasonable assurance that the annual
accounts are free of material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the accounts. An audit also includes assessing the
accounting principles used and their application by the board of directors, as well as evaluating the
overall presentation of information in the annual accounts. As a basis for my opinion concerning
discharge from liability, I examined significant decisions, actions taken and circumstances of the
federation in order to be able to determine the liability, if any, to the federation of any board member.
I also examined whether any board member has, in any other way, acted in contravention of the
Federation Statues, the Annual Accounts Act or the Articles of Association. I believe that my audit
provides a reasonable basis for my opinion set out below.
The annual accounts have been prepared in accordance with the Annual Accounts Act and,
thereby, give a true and fair view of the federation?s financial position and results of operations in
accordance with generally accepted accounting principles in Sweden.
I recommend to the general meeting that the income statement and balance sheets be
adopted, that the profit be dealt with in accordance with the proposal in the administration report and
that the members of the board of directors be discharged from liability for the financial year.
Stockholm March 18th 2002
Mikael Brandstam
Qualified Public Accountant

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