IIW Annual Report 2025

IIW ACCOUNTS 2025 INCOME STATEMENT 2025

ITEM

REALISED

INCOME Membership fees

460.062 116.716 87.473

Fees from IIW events (A.A.+ Congress)

Welding in the World

Royalties on IIW Recommended Practices and PS

0

Royalties on IAMQS

740

ISO Standards Other incomes

1.062

33.593

Interest from bank accounts

7.170

TOTAL

706.815,53

EXPENDITURE Secretariat

546.000 36.895

Travelling expenses for IIW Events

Costs for IIW meetings and events (includes prizes, etc) Office supplies (included computer maintenance until 2021)

3.666 1.920

Postage (included telephone costs until 2020)

181

Promotion, communication

40.584

Software (hosting & maintenance)

8.755

Audit fees and legal fees

10.857

Bank charges

1.013

Straight-line method of depreciation

12.915

Insurance

2.595 1.347 1.988 3.120

Registry Tax (formerly business tax)

Other charges

Extraordinary costs: transfer IIW to Italy

TOTAL

671.835

OPERATING RESULT

34.979

BAD DEBTS INVENTORY Bad debts recovered Allocation to fund for doubtful account (membership fees) Provision for doubtful account (VAT recovery) Irrecoverable debt Use of fund for doubtful accounts (membership fees)

-22.000

-9.464 9.464

TOTAL BAD DEBTS

-22.000

IIW WELD FUND Allocation from IIW

-6.500 12.056 -5.731 5.731 -6.500

Donations

Expenditures

Use of IIW Weld Fund TOTAL IIW WELD FUND

NET RESULT BEFORE TAX

6.479

Income tax

-949

RESULT AFTER TAX

5.530

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