| Robin Torrence (Australian Museum,
Sydney) robint@mail.austmua.gov.au
Understanding these accounts is not as
easy as it seems and provides a real flavour
of globalisation. We ended up this year
with a slightly higher balance than last
year (c. $400), but this figure is deceptive.
Owing to a change in Australian taxes and
consequent follow-on problems, we did not
receive invoices for WABs 10 and 11 in 2000.
If we take account of these outstanding
bills, we would be about $1500 behind 1999,
but we will still have a healthy balance.
A large factor to consider, however, is
that these accounts are presented in US$
and the value of the Australian dollar has
taken a big fall during the year. I used
0.55 to convert the figures, whereas last
year I used 0.65. There is no need for serious
concern at this stage, however, because
the largest proportion of our costs are
for WABs and since these are published and
posted from Australia, the exchange rate
does not affect us.
Membership fees are our only source of
income so it is very important that you
take your renewal notice seriously. Feel
free to use email or fax but do include
your current address so we can keep our
records current. WAC has not raised its
membership rates in at least 10 years so
it is excellent value. Pass the word around.
We always need to recruit new members. Get
your library to take advantage of the very
economical library subscription rate. I’m
always open for new ideas about how to attract
members and welcome feedback from members.
I very much enjoy your friendly notes attached
to the renewal notices.
I would like to congratulate Joan
Gero for her recruiting efforts this year.
She wins the Life Membership. Thanks to
Bayo Foloronso for keeping track of the
Nigerian members so efficiently. I wish
all the regional reps were so diligent.
We gratefully acknowledge financial donations
received in 2000 from the following members:
I. McBryde, G. Winchkler, R. Walicka Zeh,
D. West and R. Sim. We also thank Peter
White and Deirdre Koller of Oceania Publications,
University of Sydney who look after our
banking and accounts and the Australian
Museum which has assisted with postage and
email.
Financial Statement as of December
31, 2000
(Amounts in US dollars. Exchange rate use
is A$1=US$0.55)
INCOME
Carried forward
$9824.64
Subscriptions and
back issues
$4003.06
Interest
$251.62
Total
$14,079.32
EXPENDITURES
WAB10
$1211.64
Australian Tax
$13.97
Athens Inter-Congress
$799.16
Total
$2024.77
BALANCE
$12,054.55
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