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2001: FINANCES OF THE UNION

The 2000–2001 budget was implemented successfully, despite the difficulties due to variations in the exchange rate between the Swiss franc (CHF) and the United States dollar (USD).

The implementation of all of the work emanating from the World Radiocommunication Conference had the effect of delaying the processing of satellite network filings. As a result, the anticipated income was carried over, thereby generating a shortage of income of approximately CHF 11 million in relation to budgeted income. This resulted in a shortfall of income of CHF 2.4 million in relation to the budget, notwithstanding the increase in income from contributions by Sector Members and Associates.

Implementation of the 2000–2001 budget resulted in an operating surplus of CHF 2.3 million, after the cancellation of CHF 0.87 million of bad debts.

Budget

At its 1999 session, the Council approved the 2000–2001 budget of the Union for the amount of CHF 332.6 million. At its 2000 and 2001 sessions, the Council increased the appropriations by CHF 4.2 million. The amount of the contributory unit for Member States was set at CHF 315 000 for 2000 and 2001 (as against CHF 328 000 for 1998 and 1999), on a basis of 358 3/16 units. The amount of the contributory unit for Sector Members was set at CHF 63 000 (as against CHF 65 000 for 1998 and 1999), i.e. at one-fifth of the contributory unit for Member States.

 

 

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Updated : 2002-10-09