FOUNDATION FOR INTELLIGENT PHYSICAL AGENTS
Document title	FIPA Statement of Revenues and Expenses and Retained Funds for the period ended 30 June 2003
Document number	f-out-00146	Document source	Finance and Audit Committee
Document status		Date of this status		11/14/03
Supersedes
Contact	fac@fipa.org
Change history
FIPA Statement of Revenues and Expenses and Retained Funds for the year ended 30 June 2003	2003		2002
	CHF		CHF
REVENUES
Membership	137,122		182,388
Sponsorship	0		4,000
Interest	1,362		3,117
	138,484		189,505
EXPENSES
Meeting expenses	13,210		72,165
Professional  expenses	13,719		31,204
Prize and Sponsorship	2,376		9,095
Software Expenses	6,761		12,679
Newsletter expenses	1,687		6,416
Administrative expenses	78,570		124,099
Amortisation expense	1,313		1,313
Bank charges	3,644		5,272
Exchange loss	-2,560		5,799
	118,720		268,042
Excess of revenues over expenses	19,764		-78,537
Retained funds at the beginning of year	71,117		149,654
Retained funds at the end of year	90,881		71,117
.