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Radio Science Bulletin 325 - June 2008 - URSI

Radio Science Bulletin 325 - June 2008 - URSI

Radio Science Bulletin 325 - June 2008 - URSI

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EURO EUROA2) Routine Meetings 5,372.04Bureau/Executive committee 5,372.04Other 0.00_________A3) Publications 34,266.58B) Other Activities 10,682.00Contribution to ICSU 4,682.00Contribution to other ICSU bodies 6,000.00Activities covered by UNESCO Contracts 0.00_________C) Administrative Expenses 74,350.69Salaries, Related Charges 61,956.64General Office Expenses 3,313.14Travel and representation 17,091.54Office Equipment 3,081.30Accountancy/Audit Fees 5,187.88Bank Charges/Taxes 2,555.02Loss on Investments (realised/unrealised) (18,834.83)_________Total Expenditure: 178,698.05Excess of Income over Expenditure 113,954.98Currency translation difference (USD => EURO) - Bank Accounts (786.88)Currency translation difference (USD => EURO) - Investments (18,461.57)Currency translation difference (USD => EURO) - others 0.00Accumulated Balance at 1 January 2007 512,200.89_________606,907.42Rates of exchange:January 1, 2007December 31, 2007$ 1 = 0.7590 EUR$ 1 = 0.6860 EUREUROBalthasar van der Pol Fund684 Rorento Shares: market value on December 31(Aquisition Value: USD 12.476,17/EUR 12.414,34) 29,815.56Market Value of investments on December 31, 2006/2005Demeter Sicav 60,201.90Rorento Units (1) 566,670.00Aqua-Sicav 85,579.79M-L Low Duration 2,070.84Massachusetts Investor Fund 163,944.94_________878,467.48(1) Including the 684 Rorento Shares of the van der Pol Fund8The<strong>Radio</strong> <strong>Science</strong> <strong>Bulletin</strong> No <strong>325</strong> (<strong>June</strong> <strong>2008</strong>)

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