Treasurers Report Oliver Holland IEEE Dy SPANSC Treasurer

Treasurer’s Report Oliver Holland IEEE Dy. SPAN-SC Treasurer 8 th IEEE Dy. SPAN-SC General Meeting Arlington, VA, USA August 2013 1

Status on a Yearly Basis o Annual 2011 § Assets at start of year (in account) § Assets at end of year (in account) § End of year including accrued 2011 -2012 o Annual 2012 § § § Assets at start of year (in account) Income Expense Interest End of year including accrued 2012 -2013 o 2013 to date (as on 25 August 2013) § § § Assets at start of year (in account) Interest Income Expense In account (as on 25 August 2013) $ 37, 372. 02 $ 35, 955. 00 $ 52, 934. 60 $ 35, 955. 00 $ 33, 661. 43 $ (20, 409. 11)* $ 225. 69 $ 49, 433. 01 $ 93. 71 $ 13, 100. 00 $ (5, 921. 08)* $ 56, 705. 64 * Includes Go. To. Meeting purchases; not yet including Arlington meeting expenses 8 th IEEE Dy. SPAN-SC General Meeting – Arlington, VA, USA, August 2013 2

Status on a Yearly Basis 8 th IEEE Dy. SPAN-SC General Meeting – Arlington, VA, USA, August 2013 3

Meeting Financials Division SCC 41 Dy. SPAN 1900. 1/. 6/. 7 Dy. SPAN 1900. 5 1900. 4 1900. 6/. 7 Dy. SPAN * ** Location Ft. Laud. Singapore Brussels Berlin Scottsdale Osaka Grenoble Boulder Yokohama Beijing Washington London Arlington Month/Year Dec 2010 Mar 2011 Jun 2011 Sept 2011 Dec 2011 Mar 2012 Jun 2012 Jul 2012 Aug 2012 Oct 2012 Jan 2013 Apr 2013 Aug 2013 Revenue $10, 968. 30 $6, 794. 16 $0. 00* $9, 171. 50 $7, 808. 10 $7, 635. 85 $6, 945. 43 $36. 35 $0. 00 $2, 084. 20 $0. 00* $6, 360. 05 $6, 000. 00** Expense $7, 785. 18 $6, 558. 66 $0. 00* $3, 816. 46 $7, 751. 05 $7, 336. 15 $4, 660. 45 $1, 474. 01 $153. 99 $5, 581. 51 $0. 00* $4, 902. 44 $0. 00** Net $3, 183. 12 $235. 50 $0. 00* $5, 355. 04 $57. 05 $299. 70 $2, 284. 98 $(1, 437. 66) $(153. 99) $(3, 497. 31) $0. 00* $1, 457. 61 $6, 000. 00** Meeting financial arrangements and planning were kindly dealt with by the Wireless Innovation Forum, hence this meeting had minimal impact on the SCC 41/Dy. SPAN-SC account. Complete figures not known at this time 8 th IEEE Dy. SPAN-SC General Meeting – Arlington, VA, USA, August 2013 4

WGs’ Finance Availabilities o Indication of financial assistance available to WGs from the Dy. SPAN-SC account, should they require it. Calculated to 25 August 2013 according to the procedure passed by motion at the 2012 Osaka General Meeting § Available to 1900. 1 = $715. 59 § Available to 1900. 4 = $19, 993. 41 § Available to 1900. 5 = $1, 401. 35 § Available to 1900. 6 = $1, 768. 48 § Available to 1900. 7 = $1, 669. 70 § Available to Dy. SPAN-SC = $31, 157. 11 8 th IEEE Dy. SPAN-SC General Meeting – Arlington, VA, USA, August 2013 5

WGs’ Losses in Some Recent Meetings o A reminder that 1900. 4, 1900. 5, 1900. 6 and 1900. 7 incurred losses in mid-2012 meetings o Reminder that the following solution was chosen in Washington, DC Jan 2013 meeting § 1900. 4 has a lot in the bank, and the loss was small, hence, loss should come from 1900. 4 available finances § The incurred losses of other WGs would wipe out all of their available finances. Dy. SPAN-SC will step in and incur the losses of 1900. 5, 1900. 6 and 1900. 7 o Emphasize that WGs and meeting hosts should coordinate with the Treasurer before holding meetings—Treasurer/leadership have no issue with losses for a good cause, but they should be planned 8 th IEEE Dy. SPAN-SC General Meeting – Arlington, VA, USA, August 2013 6

We (Still) Have Too Much Money o Losses, if planned for a good cause and anticipated, are good! o Because, WE HAVE TOO MUCH MONEY! o Something like $20 k-$30 k is a good buffer against losses at meetings, we are current hovering around $50 k. Treasurer believes we should approximately halve what we have in bank o We need to consider how we can spend our money, to the benefit of Dy. SPAN-SC and the 1900 groups. Issue has been touched on in the past, however, we have not spent o What can we do? § Slick promotional campaign? § Deliberately run losses at more meetings, e. g. , inviting additional prominent attendees (expenses paid) to express expertise? § Publications fees § Additional Go. To. Meeting Licenses to facilitate meetings ( - done…!) 8 th IEEE Dy. SPAN-SC General Meeting – Arlington, VA, USA, August 2013 7