By the International Fireworks Association Secretariat

      October 22, 2009

Mr. Chairman, Executive Committees, Distinguish Guests, Ladies and Gentlemen:

Good Morning!

 

Please allow me to make a brief financial report of Secretariat from October 2007 to September 2009 to the members, we would appreciate your suggestions and ideas¢ñSources of funding £¨Unit£ºRMB£©

1. funds balance of last session£º30,141.00Yuan

2.Contributions of members£º565,586.17Yuan

3.Services supplied£º283,300.00Yuan

4.Donations£º150,500.00Yuan

5.Other incomes£º14,134.95Yuan

Income Total£º1,043,662.12Yuan

¢òExpenditures of funds£¨Unit£ºRMB£©

1.Staff of Secretariat Wages£º389,183.16Yuan

2.Benefits£º106,025.20Yuan

Contain£º

Endowment insurance£º62,958.20Yuan

Hospitalization insurance£º 20,147.00Yuan

Housing fund£º22,920.00Yuan

Travel subsidies£º 149,392.38Yuan

Vehicle subsidies £º55,787.00Yuan

Maintenance in office and communications£º182,311.66Yuan

Permanent asserts depreciation£º63,075.02Yuan

Serving expenses£º20,583.19Yuan

Other fees of daily work£º23,123.27Yuan

Total£º989,480.88Yuan

Compared income and expenditures, earnings 54,181.24 Yuan

Thanks very much for your support of our work!

Thank you!