A presentation given at APNIC 38 during the AMM session.

1. Treasurers Update –
6 Months to 30 June 2014

2. Financial Performance YTD June 2014
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Revenue to be above budget by $348k
Expenses to be below budget by $123k
Surplus to above budget by $471k

3. Revenue Performance YTD June 2014
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Membership revenue forecast to be $274k above budget
IP Resource Application fees tracking $141k above budget
Budget included allowance for cost recovery training

4. APNIC Membership Growth
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5. Expenses YTD June 2014
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Capitalisation of professional fees &
reduced audit and financial advice costs
Changes to the NRO cost sharing formula

6. Balance Sheet YTD June 2014
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Timing of expenses and
accruals
Capital growth on investments

7. APNIC’s Reserve
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8. Priorities 2nd half 2014
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• Monthly review of 2014 forecast
• Review of member fee schedules
• 2015 Activity Plan and Budget

9. Activity Reporting
• Introduce a activity view of APNIC’s costs and resourcing
by allocating resources and costs
– Allocate all transactions to activity codes at source; Invoices,
Journals etc.
– Report FTE(Headcount), Operating Expenses, and Capital
Expenditure by Activity.
– 2015 Budget submission to include breakdown of resources and
expenditures by Activity
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10. Activity Codes 2015
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Serving Members:
• IP Registration Services
• Customer Service
• Technical Infrastructure
• Member Training
Regional Development & Outreach:
• APNIC Conferences
• Regional Technical Development
• Regional Community Engagement
Global Collaboration:
• Global Technical Community
• Governance
• Global Research
Corporate:
• Human Resource Management
• Finance & Administration
• Legal & Governance
• Facilities