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FEI CANADA 2011 ANNUAL REPORT

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<strong>FEI</strong> <strong>CANADA</strong> <strong>2011</strong> <strong>ANNUAL</strong> <strong>REPORT</strong><br />

FINANCIAL PERFORMANCE REVIEW<br />

The financial results of Financial Executives<br />

International Canada (<strong>FEI</strong> Canada) include<br />

the accounts of <strong>FEI</strong> Canada and the Canadian<br />

Financial Executives Research Foundation<br />

(CFERF). <strong>FEI</strong> Canada’s activities are presented<br />

below in five categories: Membership, Events,<br />

National Strategic Partner program, CFERF<br />

and miscellaneous. Membership revenues<br />

include national dues and initiation fees received<br />

from our members, whereas membership support<br />

costs are shown within various expenditure<br />

line items. The events category<br />

details results from <strong>FEI</strong> Canada’s national<br />

annual conference held last June in Ottawa,<br />

our National Breakfast Seminar series, National<br />

Executive Development Webinar series,<br />

Infrastructure Symposium and annual SME<br />

conference. The National Strategic Partner<br />

Program includes activities with our valued<br />

sponsors as well as our prestigious annual<br />

event: Canada’s CFO of the Year Award.<br />

CFERF encompasses research studies and<br />

donations from members, chapters and<br />

corporations. Investment income represents<br />

interest earned on our investment portfolio.<br />

The miscellaneous category represents<br />

mainly fees collected for services rendered<br />

in relation to our career centre website. All<br />

of these activities are supported by our team<br />

at national office and various committees<br />

including our two volunteer-driven technical<br />

committees.<br />

/22

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