International
Electrotechnical
Commission
2010
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 10,86 million while revenues from sales (both direct sales and royalties) came to CHF 8,89 million, which along with other revenues resulted in a total net income of CHF 22,39 million.
With total expenses for the year at CHF 20,93 million, of which personnel costs represented CHF 14 million, the IEC produced a net surplus for 2010 of CHF 1,45 million
Key indicators
for the IEC (including Conformity Assessment) consolidated profit and loss account
for the year ended 31 December 2010
Key indicators
2010 |
% of total income 2010 |
2009 |
% of total income 2009 |
|
|---|---|---|---|---|
Dues |
10 859 469 |
48,50% |
10 853 101 |
47,56% |
| - Group A* dues | 4 250 000 |
18,98% |
4 250 000 |
18,62% |
| - Associate Members | 464 000 |
2,07% |
394 400 |
1,73% |
| Sales | 8 897 655 |
39,74% |
8 657 793 |
37,94% |
| - Net paper and electronic sales | 2 761 091 |
12,33% |
3 088 872 |
13,53% |
| - Net royalties | 6 136 564 |
27,41% |
5 568 921 |
24,40% |
Conformity Assessment Systems operations |
2 258 651 |
10,09% |
2 194 947 |
9,62% |
TOTAL NET INCOME |
22 391 674 |
100% |
22 821 565 |
100% |
| Personnel costs | 14 088 120 |
67,29% |
14 085 999 |
66,38% |
| TOTAL EXPENSES | 20 936 823 |
93,50% |
21 221 296 |
92,99% |
| SURPLUS FOR THE YEAR | 1 454 851 |
6,50% |
1 600 269 |
7,01% |
* Group A comprises the National Committees of France, Germany, Japan, the United Kingdom and the United States of America