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AGM Minutes 2009 - Treasurer´s report

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Treasurer's report -

Jens Langendorf
All fees are now in for 2008, but still awaiting some fees for 2009, despite this there is almost 19,000 euros in the bank, which is 3k less than last year.
The worlds video had cost 2k and the money which had been lent to Canada had now been returned and once this has cleared we will have broken even.
There has been a growth in paying members although CAN, USA, ITA, BEL, EST and FIN were still unpaid which has resulted in overall growth.
JVdB proposed that we didn’t charge countries with small memberships
Soren proposed all pay but the ICA fund them
There was then a discussion about the criteria for a small membership i.e. number of members
JVdB then clarified that we needed to be see the monetary transactions
Neil said that we’d been down the not paying route before and that hadn’t been successful/
Soren suggested that in that case a bill to the value of the subscriptions to the ICA would suffice and all agreed, Jens therefore plans to take a relaxed approach to the smaller countries.
Back to the treasurers report, AUS had been leant money to build a mold and the monies were being returned as aboats were built.