Download PPT - ARIN

Treasurer
Paul Andersen
Summary
• Finance Committee (FinCom) Activities
– Reviewed & filed ARIN 2013 IRS 990 Form
– Participated in Fee Review Committee
– Met with Investment Advisors
• YTD through August Financial Position
• ARIN Investments and Reserve Policy
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ARIN’s YTD through August Financial
Summary Results (Unaudited)
• Registration Revenue
• IPv4 Registrations
• All Other
= $7,548,894
= $3,850,375
2014 Expenses
Operating Result
2014 Investment Result
Net to Reserves
•
•
•
•
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$11,399,269
$10,217,711
$ 1,181,558
$ 1,434,196
$ 2,615,754
ARIN’s YTD through August
Financial Results
Line Items
Salaries & Employee Benefits
Actuals
Budget
$4,850,913
$5,059,931
Communications
$557,983
$586,541
Software & Equip Support &
Licenses
$271,367
$328,565
$1,506,437
$1,429,126
$469,833
$692,646
$0
$0
$478,981
$525,775
$0
$52,500
Legal Fees
$356,288
$280,000
Legal Defense Fund
$112,140
$0
Depreciation
Professional Fees/Outreach
Contingency
General Office
Bad Debt Expense
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ARIN’s YTD through August
Financial Results
Line Items
Members Meetings
Actuals
Budget
$275,430
$329,200
$33,332
$33,332
Rent & Occupancy
$254,831
$279,780
Travel
$781,949
$964,273
Funds Committed to ICANN in
Escrow
$123,516
$101,394
Internet Research & Support
$144,711
$145,000
NRO Expenses
$0
$0
Total Expense
$10,217,711
$10,808,063
Merit/NANOG Meeting Support
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ARIN’s Financial Reserves
$40,000,000
$35,000,000
$30,000,000
$25,000,000
$20,000,000
Reserves
$15,000,000
$10,000,000
$5,000,000
$0
2008
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2009
2010
2011
2012
2013
2014
YTD
Reserve and Investment Return
History
$40,000,000.00
$35,000,000.00
$30,000,000.00
$25,000,000.00
$20,000,000.00
$15,000,000.00
$10,000,000.00
$5,000,000.00
$$(5,000,000.00)
$(10,000,000.00)
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2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
YTD
Reserve Balance
Investment Return History
Reserve Policy
• ARIN is to keep 1 to 2 years of operating expenses
in reserve
• Currently at ~2 years of operating expense
– 2014 budget
= 16.96 Million
– Current Reserve = 33.79 Million
• Avoidance of future reserve accumulation will
require one or more of the following:
– Increase operational or capital/development
investment in ARIN activities
– Decrease in ARIN fees
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The End
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