budgets-2015
TRANSCRIPT
Operations Budgets 2015 By
Finance Committee AGMM - AIS’15 – Tunis – June 2015
The 2015 Budgets
• The 2015 Operating Costs budgets has
been built around the basis of Service
Excellence.
• All functional activities for the year revolves
around improvement in services delivery
which has started since 2014.
• Prepared in line with the 5 year Strategic
Plan approved by the Board
The 2015 Budgets
REVENUE BUDGET
• Revenue derived from membership fees continues to
be the major single source of revenue.
• With no revision in fee structure envisaged during
the coming 12 months, the revenue profile assumes
a steady growth in membership base
• Increase in resource allocations is expected to
contribute to growth in membership income
• New members for 2015 have been kept
conservatively at 2014 level - 142
The 2015 Budgets
REVENUE BUDGET cont’d..
• Reliance on a positive impact of
various measures put in place to
improve new member process; new
member portal being launched.
• Every effort to be made to minimise
resources reclaim
Fees Revenue
Existing
Total Fees Fees No.
LIR members 3,621,250 3,363,800 257,450 84
End Sites 160,333 16,500 143,833 57
Total Fees 3,781,583 3,380,300 401,283 141
NEW
The 2015 Budgets
Operating Costs Budgets
• No major changes in main operation core
• Very conservative – based on previous
year
• Costs revolved around activities to be
undertaken during the coming year.
The 2015 Budgets
Operating Costs Budgets
• Major costs remains HR costs.
• To match expectations, all new
recruitments frozen during the first part of
the year.
• To be reviewed based on how well new
membership has been realised.
The 2015 Budgets
Operating Costs Budgets
• Continuing Cost control culture
• Idea is to continue the recovery embarked
since 2013.
• Minimize incidence of bad debts.
• Capitalise on sponsorship of our events.
• Avoid impact on service delivery levels
The 2015 Budgets
Budget 2014 Actual 2014 Budget 2015
US$ US$ Operating Costs US$
Administrative expenses
2,442,772 2,108,768 HR 2,216,477
61,864 62,051 Telephone & Communications 66,737
19,217 36,402 Computer expenses 31,293
246,312 235,222 Office Expenses 244,615
4,300 2,939 Motor vehicle expenses 3,167
11,600 16,882 Insurance 12,600
15,003 20,547 Printing, postage & stationery 18,307
25,000 42,206 Bank charges 28,333
15,720 20,001 Auditors & Other Fees 10,813
215,000 185,663 Depreciation 210,000
63,767 72,187 Consultancy fees 55,667
3,120,555 2,802,868 Total Administrative expenses 2,898,009
The 2015 Budgets
Budget 2014 Actual 2014 Budget 2015
US$ US$ Operating Costs US$
Distribution expenses
35,918 3,113 Marketing & Comms expenses 30,000
20,000 92,963 Bad debts 60,000
190,000 294,180 Meeting expenses 240,000
100,000 20,588 Members Training 82,760
410,000 529,678 Travelling expenses: Staff 390,000
50,000 - Research & Development 7,500
25,000 17,737 IpV6 outreach Program -
98,000 118,573 Contribution 167,500
2,340 4344 Remote Sites Operations Costs 15,000
931,258 1,081,176 Total Distribution expenses 992,760
2,500 (39,780) Other cost 2,500
4,054,313 3,844,264 TOTAL OPERATING COSTS 3,893,269
Bottom Line 2015
Above budgets expected to
yield a surplus of $ 242 514.
FOCUS - 2015
Delivering Service Excellence
and
Continue to improve on high
level of customers satisfaction
Thank you
for your
Attention
Questions?
AIS_Afric
a
afrinic
afrinic
afrinic
afrinic
afrinic
media
.net
twitter.com/
flickr.com/
facebook.com/
linkedin.com/company/
youtube.com/
www.