International Standards and Conformity Assessment for all electrical, electronic and related technologies
Annual Report 2009

2009

Performance Report

 

Financial Performance

The IEC is financed by a combination of membership dues and revenues from the sales of its publications.

Total membership dues amounted to CHF 10,85 million while revenues from sales (both direct sales and royalties) came to CHF 8,65 million, which along with other revenues resulted in a total net income of CHF 22,82 million.  

 

With total expenses for the year at CHF 21,22 million, of which personnel costs represented CHF 14 million, the IEC produced a net surplus for 2009 of CHF 1,6 million

Key indicators
for the IEC (including Conformity Assessment) consolidated profit and loss account
for the year ended 31 December 2009

Key indicators

2009
% of total income 2009
2008
% of total income 2008

Dues

10 853 101

47.56%

11 435 457

49.26%

- Group A* dues

4 250 000

18.62%

4 570 000

19.69%

- Associate Members

394 400

1.73%

426 700

1.84%

Sales

8 657 793

37.94%

9 001 607

38.78%

- Net paper and electronic sales

3 088 872

13.53%

3 258 432

14.04%

- Net royalties

5 568 921

24.40%

5 743 175

24.74%

Conformity Assessment Systems operations

2 194 947

9.62%

1 808 320

7.79%

TOTAL NET INCOME

22 821 565

100%

23 214 891

100%

Personnel costs

14 085 999

66.38%

13 506 217

64.58%

TOTAL EXPENSES

21 221 296

92.99%

20 915 242

90.09%

SURPLUS FOR THE YEAR

1 600 269

7.01%

2 299 649

9.91%

 

* Group A comprises France, Germany, Japan, the United Kingdom and the United States of America