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After discussions, the GB members clarified their doubts and appreciated the administration for the restructuring <br />

strategies and newness brought into the organization. <br />

Mr. Ranga Rao, presented the financial report. The highlights of the report were – over-­‐all-­‐turn-­‐over is 25% less than <br />

the previous year, contributions have come down by 39.5%, Administrative expenditure increased by 16% and this <br />

year there is an excess of expenditure over income. The General Body had confirmed and passed the financial <br />

reports. <br />

The Secretary, on behalf of the Governing Board, Proposed Ms. Rekha Abel and Sister Cletus as GoB Members <br />

which was unanimously approved. <br />

The General Body approved the proposal of Mr. Ranga to be treasurer and to continue the same Auditor M/s KVR <br />

Subba Rao & Co., Guntur for the financial year <strong>2012</strong> – <strong>2013</strong>. <br />

In his closing remarks, president requested all the members to sing VRO anthem standing in a circle holding hands to <br />

form a human chain that represents the theme connecting towards. Singing the VRO anthem – Vijaya Viharamu in <br />

Telugu, English and Oriya and concluded the meeting. <br />

The community lunch followed. <br />

Dr. T. Nagender Swamy <br />

Secretary, Governing Body<br />

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