Annual Report and Accounts for 2010

Chairman Report

Please click (size: 19KB) for International Business Chamber of Cambodia's Chairman Report.

Annual Accounts

STATEMENT OF RECEIPTS, DISBURSEMENTS AND FUND BALANCE
FOR THE YEAR ENDED DECEMBER 31, 2010

  Note 2010
US$
2009
US$
RECEIPTS
Membership subscriptions 3 42,900.00 37,500.00
Joining fees 4 15,600.00 9,600.00
IFC Fund   10,000.00 -
Other income 5 14,835.02 9,350.00
Donation income 6 525.00 -
Lunch receipts 7 4,243.50 852.00
    88,103.52 57,302.00
DISBURSEMENTS
Social functions   2,605.90 3,036.00
Executive Director's allowance 8 12,000.00 13,000.00
World Economic Forum attendance   5,530.59 8,485.35
Salaries 9 11,500.00 -
Investment conferences and other costs   3,807.05 13,214.24
Donation to the Cambodian Red Cross 6 2,525.00 -
Race day donations   - 3,600.00
Computer equipment   3,290.00 -
CAMFEBA Membership fees   435.00 885.00
Excom meetings and the IBC committee meetings for PR and Social, Investment and IT   3,479.01 3,846.39
Cheque book charges   35.00 30.00
Working Group meetings   592.75 848.63
Members meetings at Hotel InterContinental   3,430.35 3,753.10
Members meetings at Raffles Le Royal   2,857.27 4,625.34
Members meetings at Sunway Hotel   2,445.21 3,287.67
Members meetings at Cambodiana Hotel   2,282.50 -
    56,815.63 58,611.72
EXCESS/(DEFICIT) OF RECEIPTS OVER DISBURSEMENTS FOR THE YEAR   31,287.89 (1,309.72)
FUND BALANCE — BEGINNING OF THE YEAR AS REPORTED AT THE LAST AGM   38,218.36 39,528.08
FUND BALANCE — END OF THE YEAR 10 69,506.25 38,218.36

Please click (size: 43KB) for more details on IBC's annual accounts for the year ended December 31, 2010.


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