Acta Horticulturae

Committee and Council agreed to add a new
Section on Banana and Plantain and a new
Commission on Fruits and Vegetables and
Health.
Sections, Commissions and associated Working
Groups generate the core business of the
Society. Thus, both the level of financial support
for Sections and Commissions and expectations
with respect to productivity were increased
during the tenure of this Board.
Figure 3. Acta article downloads.
30.000
25.000
20.000 12.119
15.000
10.000
17.380
20.275
23.049
Prof. Jules
Janick
Income
Assets
Publications
New products and important
improvements in product
quality of publications were
attained under the leadership
of Dr. Jules Janick. Major
attention was given to
improving the layout and
content of Chronica Horticulturae,
the Society’s quarterly
magazine received by all
members. Feedback from the
membership confirms that
Chronica is quickly becoming
a ‘must read’ publication.
Table 2. Balance sheet (2002-2005).
5.000
0
2002
2003
In the period of 2002 to 2005 the Society
published 132 volumes of Acta Horticulturae.
This is 16 more than in the previous 4-year period
and reflects the growth in activity of our
Sections and Commissions. Full-article downloads
from www.actahort.org increased steadily
during this period (Fig. 3) and visitors to this
website number in the thousands every day.
A very important innovation during this period
2002 2003 2004 2005
Cash 657.309 862.511 933.597 1.096.468
Accounts Receivable 128.798 68.319 52.619 47.754
Inventories 89.399 55.911 51.636 27.700
Long Term Receivable 13.504 2.408 11.407 16.500
Equipment 5.853 3.736 5.229 7.908
Intangible Fixed Assets 0 4.430 3.323 6.415
Total Assets 894.863 997.315 1.057.811 1.202.745
Equity & Liabilities
2002 2003 2004 2005
Members 245.873 242.159 263.651 275.918
Sales 633.131 620.242 670.942 792.349
Other Income 12.358 20.585 25.962 47.088
Total Income 891.362 882.986 960.555 1.115.355
Expenses
Table 1. Profit and loss account (2002-2005).
Secretariat 311.974 342.325 378.024 390.865
Publications 579.388 505.653 501.895 590.319
Total Expenses 891.362 847.978 879.919 981.184
PROFIT 0 35.008 80.636 134.171
Accounts Payable 301.073 368.516 348.377 359.139
Equity 593.790 628.799 709.434 843.606
Total Equity & Liabilities 894.863 997.315 1.057.811 1.202.745
2004
2005
was the introduction of www.pubhort.org as a
gateway for a broad range of information
about horticulture and horticultural science. As
the leading international society serving horticultural
science, the vision of Dr. Janick and the
Board is that ISHS online resources should be
the place to go when seeking reliable and
authoritative information relevant to the art
and science of horticulture. This is being
achieved by linking visitors to publications like
Horticultural Reviews, Plant Breeding Reviews,
and in due course will include a wide range of
journals published by other professional societies
serving, or relevant to, horticultural science
and industry.
The Board launched Scripta Horticulturae, a
new publication series that provides ISHS with
an opportunity to publish monographs and
position papers, as well as reports other than
those arising from scientific conferences based
on contributed papers. The first Scripta, The
Horticultural Sector of Uganda, was published
in 2005 and authored by colleagues deeply
involved with international development. It was
followed by an issue on ‘The International
Flower Trade’, and another on ‘The Global
Horticulture Assessment’.
Society Finances
Graphics prepared by Dr. Rob Bogers, Director
of Finances, provided an overview of the financial
health of the Society. A key goal of the
Board was to achieve a level of financial reserves
(cash and securities) equal to the cost of
one full year of operations. This was achieved in
2006 thanks to the accumulated net results
(excess of income over expenses) in 2003, 2004
and 2005 (Table 1). Society reserves at the end
of 2005 stood at just over € 1,000,000 or
about 102% of the expected turnover for the
2006 budget year.
Membership fees account for about 25% of
Society income whereas Acta sales account for
about 70%. Interestingly, membership services
account for about 40% of our expenses. The
audience was reminded that membership fees
would need to be much higher if not for the
income generated by Society publications.
CHRONICA HORTICULTURAE •VOL 46 • NUMBER 3 • 2006 • 11