The allowance will be paid proportionally in the event that the capital of the Fund is not sufficient.
On the 31st of January the maximum amount of the liability is established by determining which RIPE NCC staff have indefinite contracts. If the capital of the Fund is not sufficient, the RIPE NCC contributes to the Fund. If the capital of the Fund exceeds the maximum amount of the liability, the Fund will reimburse the excess amount to the RIPE NCC.
The RIPE NCC provides free financial and administrative support to the Fund.
During the year 2000 the Fund's Board had a few personnel changes. Naomi de Bruijn, chair, resigned from the Board on the 25th of February. Gerry Berthauer was appointed new member of the Board by the RIPE NCC Workers Council in April 2000. Gerry Berthauer left the RIPE NCC in July 2000. Vesna Manojlovic was appointed as a new member of the Board on December 20. On December 23 both Olaf Kolkman and Kees Neggers where re-appointed as Board members by the RIPE NCC Workers Council and the RIPE NCC Executive Board respectively. The board members are all appointed for a period of 3 years.
These Board changes led to less optimal operation and internal and external communication. The 1999 and 2000 liabilities of the RIPE NCC towards the Fund were not payed in 1999 and 2000 due to administrative delays. [Both amounts have been transferred in 3Q 2001]
In 2000 the Fund's capital was invested in a 'ABN Amro Bedrijf Spaarrekening', a savings account with an interest varying between 3.00 and 3.25 %.
|
ASSETS |
||||||||||||||||||
|
as at December 31, |
as at December 31, |
|||||||||||||||||
|
2000 |
in EUR |
1999 |
in EUR |
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current assets |
||||||||||||||||||
|
Receivable RIPE NCC 2000 |
165,220 |
0 |
||||||||||||||||
|
Receivable RIPE NCC 1999 |
332,741 |
332,741 |
||||||||||||||||
|
Bank interest receivable |
15,738 |
13,185 |
||||||||||||||||
|
Total current assets |
513,449 |
345,926 |
||||||||||||||||
|
Cash on hand |
482,798 |
469,174 |
||||||||||||||||
|
Total assets |
996,247 |
815,100 |
||||||||||||||||
|
LIABILITIES |
||||||||||||||||||
|
as at December 31, |
as at December 31, |
|||||||||||||||||
|
2000 |
in EUR |
1999 |
in EUR |
|||||||||||||||
|
Capital |
||||||||||||||||||
|
Fund Balance |
815,100 |
469,000 |
||||||||||||||||
|
Surplus |
180,897 |
346,100 |
||||||||||||||||
|
995,997 |
. |
815,100 |
||||||||||||||||
|
RIPE NCC current account |
250 |
. |
|
|||||||||||||||
|
Total liabilities |
996,247 |
815,100 |
||||||||||||||||
Statement of Income and Expenditure 1999 |
||||||||||||||||||
|
ASSETS |
||||||||||||||||||
|
for the year ending |
for the year ending |
|||||||||||||||||
|
December 2000 |
in EUR |
December 1999 |
in EUR |
|||||||||||||||
|
Income |
||||||||||||||||||
|
Contribution RIPE NCC |
165,221 |
332,741 |
||||||||||||||||
|
Gain on exchange/overpayment |
0 |
174 |
||||||||||||||||
|
Interest |
15,738 |
13,185 |
||||||||||||||||
|
Total income |
180,958 |
346,100 |
||||||||||||||||
|
Expenses |
||||||||||||||||||
|
Banking exenses |
61 |
|||||||||||||||||
|
Surplus |
180,897 |
346,100 |
||||||||||||||||