5-Year Financial Forecast
November 2004
5-Year Financial Forecast
November 2004
Overview
Forecast Assumptions
Revenues & Expenses
Forecast Surplus/Deficit
Operating Reserves
5-Year Financial Forecast
FY2004-05 Assumptions
Begins with FY04 Actual Results
Reflects FY05 Approved Budget thru Nov 04
Dues Increase $4/year, FY2005-07
Stable Membership
3% Inflation
5% Net Investment Return
Centennial Celebration = US$1.3M in FY05
RI Public Image Campaign = US$1.5M in FY05
& US$0.5M/year in FY2006-09
5-Year Financial Forecast
November 2004
Revenues
US$ millions
$80
$60
$40
$20
$0
03 04 05 06 07 08 09
Dues Intl Conv COL Other Net Invst
5-Year Financial Forecast
November 2004
Expenses
US$ millions
$80
$60
$40
$20
$0
03 04 05 06 07 08 09
Secretariat World Wide Intl Conv COL Other
5-Year Financial Forecast
November 2004
US$ millions
Projected Surplus/Deficit
$8
$6
$4
$2
$0
-$2
-$4
-$6
-$8
01 02 03 04 05 06 07 08 09
Surplus Deficit
5-Year Financial Forecast
Operating Reserve Assets
November 2004
US$ millions
$100
$80
GOAL
$60
$40
$20
$0
2004 2005 2006 2007 2008 2009
Operating Reserve Assets 3-yr Maximum Expense