2. IAS Finances IAS Members’ Meeting Durban, South Africa 21 July 2016
Treasurer: Anton Pozniak
Finance Subcommittee: Celia Christie-Samuels, Alex Muganga Muganzi

3. GENERAL SITUATION
Audited Financial Statements approved by the IAS GC
(Published in the 2015 Annual report)
IAS2015 Conference Surplus $927K
- Contribution to the RF $330K
- Contribution to General Reserve $597
IAS Core Balanced
AIDS2016 Conference Projected Deficit $820K
Conference RF & IAS General Reserve update

4. IAS CORE Stated in U$ 000
General Reserve $454K
Secretariat Deficit Mbrs rebranding -$294K
AIDS2014 Surplus $51K
IAS Conference Instit’l Memory Fund approved $242K
ILF Surplus $136K
IAS2015 Surplus $597K
(incl. $170K to cover Core activities in 2016)
General reserve $1,187K
(vs $1,105 projected)
The IAS GC approved the 2015 Audited Financial Statements

5. IAS 2015, Vancouver stated in U$ 000
Surplus of $927K
Delegates
3,298 FPD / 505 Students / 26 Exhibitors / 109 other = Total paying delegates 3,938 (vs 3,164 in KL)
237 Media
1,304 Free registrations (incl. staff, consultants, scholarships, volunteers and suppliers)
Scholarships: 90 delegates + 61 speakers
Allocation to reserves approved in July 2015
$330K allocated to the IAS Conference RF
$597K allocated to the General Reserve (incl. $170K to support Core activities in 2016)
The IAS GC approved the IAS 2015 Audited Financial Statements

6. IAS 2015 – Vancouver Budget Summary Stated in U$ 000
Projection Audited
SPONSORS & DONORS 2, ,861
COMMERCIAL SPONSORSHIP 1, ,296
REGISTRATION FEES 2, ,722
OTHER REVENUES
TOTAL REVENUES $6,989 $7,051
LOGISTICS
EXHIBITION & SATELLITES COSTS
SCHOLARSHIPS
PROGRAMME AV
IAS CONFERENCE SECRETARIAT 1, ,283 IT
COMMUNICATIONS
STRATEGY, EVALUATION & PLANNING
RESOURCE DEVELOPMENT
GOVERNANCE
AUDIT / FINANCE
VARIOUS FINANCIAL COSTS
START-UP COSTS
OTHER LOCAL COSTS
TOTAL COSTS $6,059 $6,124
TOTAL Surplus / (Deficit) $930 $927

7. IAS CORE 2016 - BUDGET The Core budget includes:
2016 activities funded by the IAS2015 Surplus
Partnerships $26K Mbrs outreach / regional conferences
Executive $50K Global Fund Board Member activities
JIAS $25K Sustainability reserve
HIV CURE $66K Pending proposals
2016 New Activities (confirm fundings):
Educational Grant $1,265K Gilead & ViiV
TB $305K Various donors & corporate sponsors
HIV/Viral Hepatitis Co-Infection $100K Abbvie, Gilead, MSD, EACS, ContraVir
Additional unrestricted income (i.e. ILF) would prioritize the Core & the General Reserve
The IAS GC approved the Core 2016 budget

8. IAS CORE 2016 - EXPENSES TOTAL EXPENSES $9,540 $9,351 $9,540 $9,351
Stated in U$ Approved Working Approved Working
GOVERNANCE FIXED TERM STAFF
MEMBERSHIP PERMANENT STAFF 5,540 5,402
EXECUTIVE STAFF TRAVEL
FUNDRAISING GOVERN. TRAVEL
COMMUNICATIONS COMMIT.& SPEAK TRAVEL
ICT FELLOWSHIPS TRAVEL
HR CONSULTG FEES & TRAVEL
FINANCE & ADMIN OTHER CONTR. SERV
CONF MGMT LEGAL FEES
STRATEGY, EVAL & PLAN MEETING COSTS
SCHOLARS & EDUC OFFICE COSTS
SAT / EXHIB / SPONSORS OTHER COSTS
CONF PROGRAMME
LOGISTICS CONF
CONF OFFICE COSTS
HIV PROGRAMMES 3,554 3,407
TOTAL EXPENSES $9,540 $9, $9,540 $9,351

9. IAS CORE 2016 – INCOME TOTAL SURPLUS / (DEFICIT) $0 $0
Approved Working
Budget Budget
Stated in U$ 000 / excl. passtrhough
AIDS Surplus
IAS2015 – Surplus
MEMBERSHIPS
INTERESTS & MISC. FUNDING
MANAGEMENT FEES * 515*
AIDS 2016 / AIDS , ,390
IAS
HIV PROGRAMMES (incl. ILF Surplus) 3, ,350
TOTAL INCOME $9,540 $9,351
TOTAL EXPENSES $9,540 $9,351
TOTAL SURPLUS / (DEFICIT) $0 $0
* Managment fees (Indirect Costs) are directly charged to the grant and shown as an income for the Secretariat

10. AIDS 2016 – Durban stated in U$ 000
Projected deficit : $820
Based on 6,091 FPD (fully paid and confirmed )
Registration fees were reduced to encourage delegates registration
1,267 scholarships (number of scholarships 3x vs prior conference)
Deficit up to $1M : covered by the AIDS Conference Revolving Fund
(above $1M from other reserves)
The IAS GC approved the AIDS 2016 revised budget

11. AIDS 2016 - Durban Budget Summary Stated in U$000
Approved Approved Working
Dec.2015 Feb.2016 Budget
8,500 fpd 8,500 fpd 6,091 fpd (11.07)
SPONSORS & DONORS 8,440 7,560 7,625
COMMERCIAL SPONSORSHIP 2,335 2,526 3,129
REGISTRATION FEES ,222 6,370 4,882
OTHER REVENUES
TOTAL REVENUES $19,769 $17,257 $16,416
LOGISTICS ,663 3,970 3,928
EXHIBITION & SATELLITES COSTS
SCHOLARSHIPS ,510 2,105 2,070
LOCAL SECRETARIAT
PROGRAMME ,556 1,260 1,259
PROGRAMME ACTIVITIES
IAS CONFERENCE SECRETARIAT 2,650 2,692 2,540
ICT
COMMUNICATIONS
EVAL. & STRATEGY
RESOURCE DEVELOPMENT
GOVERNANCE
AUDIT / FINANCE
VARIOUS FINANCIAL COSTS ,446 1,174 1,089
START-UP COSTS
AV ,
TOTAL COSTS $19,569 $17,669 $17,236
TOTAL $200 ($412) ($820)

12. REVOLVING FUNDS & RESERVES 31.12.2015
OUT
IM&A RF $242K Membership Campaign
General Reserve $1K HIV Programmes deficit
AIDS2014 Surplus $51K Secretariat deficit IN
IAS 2015 Surplus $330K -> IAS Conf RF $597K -> General Reserve
ILF Surplus $136K -> General Reserve
As per 2015 Audited Financial Statements
USD 000’
1) OUT
2) IN
IM&A RF
1,844
(242)
1,603
AIDS CONF RF
3,394
IAS CONF RF
701
330
1,031
GENERAL RESERVE
ILF Surplus
IAS2015 Surplus
IAS 2016 Activities
454
(1)
1,186
2014 Surplus
102
(51) 51
TOTAL
6,495
(294)
1,063
7,265

13. Check list - Approval Audited FS 2015 Auditor 2016 Core X Conference
KPMG