Fiscal year 2014
The FIDIC accounts for the year to December 2014 show an
operating deficit of CHF 269,220 compared to a budgeted surplus
of CHF 15,000.
Lower than anticipated attendance at the FIDIC conference had a
significant impact on the budget.
Income streams improved, particularly in the area of training events,
with document sales also continuing strongly. In addition, costs were
able to be reduced in a number of areas.
FIDIC cash assets continue to be held predominantly in conservative
fiduciary deposits, in a mixture of currencies.