+ + Annual Report [2012 â 2013]
+ + Annual Report [2012 â 2013]
+ + Annual Report [2012 â 2013]
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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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