Each year, the AEC publishes an Annual Report in accordance with proper accounting practice but, more specifically, with its Statutes, whose Article 10 states that ‘the Council shall publish its annual report, including a balance sheet and a profit-and-loss statement. It will also provide a detailed account of the administrative tasks performed in the preceding financial year’. In addition to fulfilling this statutory requirement, the Annual Report 2011 aims to give AEC members and external interested parties an accessible and informative overview of the Association’s financial position and of its activities, discussions and developments as they have been realised during the year.
Full information on the Financial Situation of the AEC can be found in the AEC 2011 Annual Accounts. In this Annual Report, only the key elements of the Annual Accounts are included, but members interested in receiving the entire AEC 2011 Annual Accounts can do so by contacting the AEC Office.
This AEC Annual Report 2011 is a trilingual publication in which the same contents are presented in English, in French and in German.