Financial Report of ECCAI
Period 1 July 1995 -- 1 July 1996

Exchange rates used:
1 UK pound = 1.22 ECU
1 DMark = 0.53 ECU
1 BFranc = 0.0258

All amounts in ECU 

Starting balance on 1 July 1995                     58.765

Income
Interest                                             2.522
Royalty proceedings ECAI-94                             21
Surplus ECAI-94                                     20.147
                                                   -------
TOTAL income                                        22.690

Expenses
Loan to NJSZT                                        5.026
Loan to ECAI96 PC                                   12.374
Board and General Assembly meetings                  9.936
Travel grants (Antunes; Urbano)                      1.018
AI Communications                                    1.600
Secretarial support                                  6.230
                                                   -------
TOTAL expenses                                      36.184

Ending balance on 1 July 1996                       45.271

Expected near-term income and expenses

Income
Repayment loan to NJSZT                              5.000
Repayment PC loan                                   12.360
                                                   -------
TOTAL expected income                               17.360
 (Surplus ECAI-96                                     p.m.)

Expenses
Travel grants ECAI-96                               14.000
Board and General Assembly meetings                  2.000
Printing ECCAI membership directory                  1.200
                                                   -------
Total committed expenses                            17.200

N.J.I. Mars
Acting Treasurer

Last updated 1996-02-04.