Financial Annual Report 2012 SSVOBB Lambach Aircraft Klespe, Lukas March 2013
Contents 1 Introduction
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2 Balance Sheets
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3 Revenue Statement and Budget 3.1 General . . . . . . . . . . . . . 3.2 Lambach Project . . . . . . . . 3.3 S-Vision . . . . . . . . . . . . . 3.4 UAV Project . . . . . . . . . .
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4 Conclusion
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Chapter 1
Introduction The financial annual report of SSVOBB Lambach Aircraft shows the change of the financial situation over the year 2012 and what is expected for 2013. The finances of the SSVOBB are mainly determined by the status and progress of the projects and the extent to which financial resources are present. The Lambach HL II Project was mainly focused on the paperwork to get the aircraft airworthy in a safe and legal way. Next to this regular maintenance took place; a costly float was bought and implemented. The S-Vision Project finished the preliminary design phase and spread the report around to experts, resulting mainly in paperwork. The first years UAV Project that was set up for the lecture year 2012/2013 required materials and electrical equipment to start it’s production phase. First the balance sheets for the situation at the start of the year (1-1-2012) and at the end of the year (1-1-2013) are shown and explained in Chapter 2, followed by the revenue statement and budget in Chapter 3.
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Chapter 2
Balance Sheets In this chapter the balance sheets for the situation at the start of the year (01-01-2012) and at the end of the year (01-01-2013) are shown and explained. When comparing the balance sheets of 0101-2012 and 01-01-2013 it is clear that the total decreased, showing there was a loss over the year 2012. The total budget reduced around 900 Euro. Most of this amount was spend for the Lambach HLII. The most expensive but also necessary investment was the float for the carburettor. A minor amount of the budget was spend for the S-Vision, travelling to a meeting. The first year UAV-Project does not have an extra budget, however electronics, servos and engines had to be bought again. Additionally, budget was invested into new tools, necessary to work on Lambach HLII, S-Vision and UAV parts. To travel to Lelystad only private cars of volunteers will be used in the future. The Coyota, our own car, was sold during this year. The faculty did not contribute financially because the computers have to be replaced. The total cost for that is payed by the faculty. The amount of donated money was limited to the volunteers and therefore rather low. For next year an increase can be expected. Not only money will be donated, also materials for a new project (our own CNC-Machine) and oil for Lambach HLII are to be mentioned. To summarize, the general costs had been 630.96 Euro, followed by the Lambach HLII with an amount of 572.76 Euro. The Workshop costs were expected to be 500 Euro which was met perfectly. 503.74 Euro were spend. The parts for the UAV cost 221.78 Euro and The S-Vision 11 Euro. This all adds up to a net loss of 1940.24 Euro over the year 2012, which is also the change of the sum on the balance sheets.
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2 Balance Sheets
ABN Amro Bestuurrekening ABN Amro Vermogens Spaarrekening Vreemde (dollar) valutarekening Kas Voorraad Lambach boeken Voorraad SSVOBB dassen Voorraad papieren Lambach Voorraad polo's
2.0
Balans 1 januari 2012 Debit 216,38 Eigen vermogen totaal 19.851,33 Eigen vermogen algemeen 0,00 Eigen vermogen Lambach 149,84 Eigen vermogen S-Vision 45,40 480,92 39,48 0,00
Reserve werkplaats Reserve auto Reserve Lambach HLII Reserve motor Lambach Reserve vliegen Lambach Reserve S-Vision Reserve motor Impuls
20.783,35
ABN Amro Bestuurrekening ABN Spaarrekening - Deel algemeen Kas Voorraad Lambach boeken Voorraad SSVOBB dassen Voorraad papieren Lambach Voorraad polo's
ABN Spaarrekening - Deel Lambach
ABN Spaarrekening - Deel S-Vision
Balans 1 januari 2012 - Deel algemeen Debit 216,38 Eigen vermogen algemeen 14.258,73 Reserve werkplaats 149,84 Reserve auto 45,40 Reserve motor Impuls 480,92 39,48 0,00 15.190,75
Credit 3.687,46 2.800,23 79,33 807,90 600,00 200,00 1.095,84 963,39 1.946,14 700,00 11.590,52 20.783,35
Credit 2.800,23 600,00 200,00 11.590,52
15.190,75
Balans 1 januari 2012 - Deel Lambach Debit 4.084,70 Eigen vermogen Lambach Reserve Lambach HLII Reserve motor Lambach Reserve vliegen Lambach 4.084,70
Credit 79,33 1.095,84 963,39 1.946,14 4.084,70
Balans 1 januari 2012 - Deel S-Vision Debit 1.507,90 Eigen vermogen S-Vision Reserve S-Vision 1.507,90
Credit 807,90 700,00 1.507,90
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2 Balance Sheets
ABN Amro Bestuurrekening ABN Amro Vermogens Spaarrekening Kas Voorraad HLII boeken Voorraad papieren HLII Voorraad SSVOBB dassen Voorraad polo's
2.0
BALANCE 1st January-13 Debit Credit 11,99 Eigen vermogen totaal 2.823,72 17.954,00 Eigen vermogen Lambach 79,33 335,99 Eigen vermogen S-Vision 796,90 Eigen vermogen algemeen 1.947,49 45,40 37,60 Reserve Lambach HLII 523,08 448,13 Reserve motor Lambach HLII 1.163,39 10,00 Reserve vliegen Lambach HLII 1.946,14 Reserve Werkplaats 96,26 Reserve S-Vision 12.290,52 18.843,11
ABN Amro Bestuurrekening ABN Spaarrekening - Algemeen Kas Voorraad HLII boeken Voorraad papieren HLII Voorraad SSVOBB dassen Voorraad polo's
Algemeen Debit 11,99 Eigen vermogen algemeen 12.945,16 Reserve Werkplaats 335,99 45,40 37,60 448,13 10,00 13.834,27
ABN Spaarrekening - Lambach
Credit 1.947,49 96,26
2.043,75
Lambach Debit Credit 3.511,94 Eigen vermogen Lambach 79,33 Reserve Lambach HLII 523,08 Reserve motor Lambach HLII 1.163,39 Reserve vliegen Lambach HLII 1.946,14 3.511,94
ABN Spaarrekening - S-Vision
18.843,11
S-Vision Debit 1.496,90 Eigen vermogen S-Vision Reserve S-Vision 1.496,90
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3.711,94
Credit 796,90 12.290,52 13.087,42
Chapter 3
Revenue Statement and Budget In figure 3.1 the revenue and the budget of the year 2012 is given. Since SSVOBB ’Lambach Aircraft’ will be equipped by new computers, from 2013 on a new system is used. The set up of a new system also causes changes in the subgroups. The explanation of the subgroups from 2013 on can be found in the paper ’Budget Booking; May 2013’, which soon will be included in the new Handbook for the treasurer. The budget for 2013 is shown in figure 3.2. Figure 3.1: Budget and Result of 2012 Profit and loss account
SSVOBB Administratie Algemeen Auto Borrels Bijzondere Activiteiten Dassen Donateurs Donaties algemeen Donatie faculteit / VSV Fondsen Interest Lidmaatschappen Weekenden Lelystad Lambach boeken Onvoorzien/Incidenteel Opleiding Overhemden Papieren HL II Presentaties Publicaties Reiskosten Vliegshows Polo's Representatiekosten Sponsoring Verzekering Werkplaats Verlies of winst uit dollars Winst/Verlies Lambach Algemeen Brandstof en olie Donaties Gereedschap Materialen Onderhoud Onvoorzien/Incidenteel Reiskosten Reservering Sponsoring Stalling Verzekering Winst/Verlies S-Vision Algemeen Donaties Materialen Onvoorzien Reiskosten Reservering Sponsoring Winst/Verlies UAV Algemeen Donaties Materialen Winst/Verlies Totaal Totaal inkomsten Totaal uitgaven Saldo winst/verlies
Budget 2012 Spend Income 5.606,56 5.606,56 100,00 50,00 200,00 50,00 250,00 225,00 300,00 300,00 32,79 45,00 200,00 300,00 1.365,00 300,00 252,67 130,00 0,00 0,00 11,35 15,00 100,00 50,00 75,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 50,00 0,00 0,00 400,00 400,00 60,00 103,89 2.000,00 230,00 500,00 3.117,42 1.390,00 50,00 50,00
1.390,00
Result 2012 Spend Income 2.536,44 2.536,44 89,27 173,65 219,76 105,90 0,00 0,00 198,01 168,03 32,79 45,00 41,25 0,00 0,00 0,00 252,67 130,00 0,00 0,00 0,00 0,00 0,00 155,89 0,00 0,00 0,00 1,88 3,00 0,00 0,00 0,00 0,00 0,00 810,00 630,00 0,00 0,00 377,34 503,74 0,00 1.134,70 572,76 0,00 36,42
0,00 150,00 100,00 300,00 50,00 540,00 0,00
0,00
1.300,00
0,00
11,00 0,00
420,00 0,00
420,00
5.606,56
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11,00
0,00
221,78
5.606,56 5.606,56
1.390,00 1.300,00 300,00
0,00
0,00 1.300,00 250,00 0,00
250,00 0,00
250,00 221,78
3.341,98
1.300,00 0,00
1.000,00 0,00 0,00 0,00
0,00 221,78
420,00
5.599,14 7,42
0,00
0,00 11,00 221,78 0,00
0,00
0,00 150,00
0,00 0,00 0,00 11,00 0,00
1.390,00
0,00 150,00 100,00 300,00 50,00 540,00 0,00
572,76
0,00 1.300,00 420,00 0,00
1.390,00 50,00 50,00
0,00
0,00 1.000,00 0,00 0,00 0,00
0,00 0,00
0,00 0,00 1.390,00
1.300,00 300,00
1.178,35
0,00 17,00 25,00 383,34 0,00 111,00 0,00
0,00 0,00 150,00
572,76
Begroting 2013 Lasten Baten 3.176,56 3.176,56 100,00 50,00 0,00 0,00 250,00 225,00 300,00 300,00 21,86 30,00 200,00 300,00 0,00 300,00 252,67 130,00 0,00 0,00 11,35 15,00 100,00 50,00 75,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 100,00 0,00 0,00 400,00 400,00 60,00 103,89 1.000,00 300,00 100,00
3.341,98 1.401,74
3.341,98
250,00 4.938,21
4.938,21 3.176,56
4.938,21 1940,24
1761,65
3 Revenue Statement and Budget
3.1
Figure 3.2: Budget of 2013 Budget 2013 Project SSVOBB
Subgroups Administration General Drinks Special Activities Tie Donation faculty/ VSV Donations Recurring Donations Interest Memberships Subscribtion Merchandise Unforseen & incidental Training Publications Travel expenses Polo's Representationcost Public relations Insurance Workshop CNC CNC sponsoring UAV TOTAL SSVOBB Lambach HLII General Fuel and oils Materials Maintanance Incidental & unforseen Travel expenses Reserve Donations Stalling Insurance TOTAL Lambach HL II S‐Vision General Operating cost Donations Materials Incidental & unforseen Travel expenses Reserve Stalling Insurance TOTAL S‐Vision Total
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Result 2013
Expenses Revenue Win/loss Expenses Revenue Win/loss 120 0 120 0 50 0 50 0 150 125 150 125 200 200 200 200 43,72 60 43,72 60 0 0 0 0 0 300 0 300 0 200 0 200 0 450 0 450 300 0 300 0 45 0 45 0 11,35 15 11,35 15 100 50 100 50 75 0 75 0 0 0 0 0 20 0 20 0 400 400 400 400 0 0 0 0 800 0 800 0 230 0 230 0 500 0 500 0 1200 0 1200 0 0 600 0 600 300 0 300 0 4545,07 2400 ‐2145,07 4545,07 2400 ‐2145,07 50 0 50 0 150 0 150 0 100 0 100 0 300 0 300 0 50 0 50 0 300 0 300 0 0 0 0 0 0 0 0 0 0 0 0 0 150 0 150 0 1100 0 ‐1100 1100 0 ‐1100 150 0 150 0 0 0 0 0 0 0 0 0 300 0 300 0 50 0 50 0 40 0 40 0 0 0 0 0 0 0 0 0 0 0 0 0 540 0 ‐540 540 0 ‐540 Expenses Revenue Win/loss Expenses Revenue Win/loss 6185,07 2400 ‐3785,07 6185,07 2400 ‐3785,07
3 Revenue Statement and Budget
3.1
3.4 General
General
• Auto/Car: The car was sold and therefore no income nor outcome is expected. • Borrels/Drinks: The Bloed will be organised by SSVOBB ’Lambach Aircraft’. Therefore some outgoing has to be expected. The VSV-caf´e ’de Atmosfeer’ can be rented for a price of 15 Euro/hour with and for 5 Euro without bar personnel. The ’de Atmosfeer’ is still used for Board changes and maybe interest drinks. • Bijzondere Activiteiten/Special Activities: This post is added for trips and excursions which are first by SSVOBB ’Lambach Aircraft’ and repaid to the SSVOBB ’Lambach Aircraft’ bank account by the participants individually. However, sometimes the costs are not equalised. • Donateurs/Donors: These are regular donations via incasso. Here the debit authorization is used. • Donaties/Donations: Non regular Donations are evaluated in this post. The number is expected to increase. • Donation Faculty: The faculty does not donate any money directly. The faculty will replace our Computer system. • Fondsen/Funds: No funds received, since no one applied for it. • Team kleding/clothes: This year new Polo’s were ordered. Each polo was sponsored by SSVOBB ’Lambach Aircraft’ with 10 Euros. Originally the Polo’s cost 45 Euro. The volunteer had to pay 35 Euro. Ordered amount of Polo’s: 18. • Sponsoring: No direct income from sponsoring, however especially for the CNC and the Lambach HLII are sponsored by material or fuel. Especially Ivan did a great job in finding those sponsors. Sponsoring works much easier to ask companies for material instead of money. However, an income of 1000 Euro is expected for 2013. • Werkplaats/Workshop: A lot of investments were made for new tools. The workshop was restructured also due to the decrease in space provided by the faculty. Less investments are expected for 2013.
3.2
Lambach Project
• Brandstof en olie/Fuel and oil: Fuel was bought. Next year it is expected to favourably have no expenditure for fuel and oil since a sponsor could be won for SSVOBB ’Lambach Aircraft’. However 50 Euro safety margin was kept in the prediction. • Gereedschap/Tools: Some tools were bought. The mayor part was listed for general workshop.
3.3
S-Vision
Gunther once went by car to a meeting. This is mentioned in travel costs. Since the preliminary design is finished more costs are expected. 7
3 Revenue Statement and Budget
3.4
3.4 UAV Project
UAV Project
For the UAV-Project 221.78 Euro were spend. This was mainly for electronics, but also some epoxy was bought. This can be used next year again. A lot of material was used that was declared as trash for Lambach HLII or S-Vision, but useful for the first year students. Depends on how much and which trash will be produced again, the costs stay constant or might increase slightly.
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Chapter 4
Conclusion The general part of SSVOBB ’Lambach Aircraft’ made a loss of 1134.70 Euro. The Lambach HLII Project contributes a loss of 572.76 Euro. In the S-Vision Project 11 Euro were spend. The UAV Project had an expense of 221.78. All projects and the general add up to a loss of 1940.24 Euro. This was by far a expensive year. For 2013 more donations but also more expenses are expected. which starting production of S-Vision parts and continuing the UAV Project, more (financial) support is needed. With an extra PR-Department a big step could be made. The Lambach HLII is still stationed in Lelystad. This will hopefully be the case next year. Therefore no costs should be expected from the storage of the Lambach HLII. Thank you Aviodrome!
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