Treasurer's Report for financial year January-December 2000 The finances of the Association continue in a healthy state, thanks to the continuing success of the Journal. Our assets at December 2000 were £73,760. The Journal income for 2000 (£13,029) was less than previous years because of increased production costs. OUP have now changed their printer and reduced their costs and our income for 2001 will be correspondingly higher (c. £15,000). Under the agreement with OUP, the Association receives 15% of the subscription income (subscription to the journal being the means by which individuals become members of the Association), and 50% of the profit made by the journal. Payments to the Association from OUP in respect of the journal are staged, and the final settlement is not made until five months or so after the end of the year to which it relates. The financial report presented at conference contains the Association accounts for the preceding calendar year, but in turn these accounts reflect the journal income of the year before that. Hence the 2001 conference is presented with the 2000 accounts, whose income is largely that for the 1999 journal. Expenditure shown in this year's accounts include several new items. The successful workshop in Thessaloniki in May 2000 cost less than the £2000 allowed for it.  The Association held mid-year Committee meetings. The first of these was in April 2000 (delayed from December 1999), at King's College London. The costs for this meeting were £1847. This low figure is because travel and accommodations costs for those ALLC committee members who were also working on the ACO*HUM Textual Scholarship Work Group were paid by ACO*HUM.  The second meeting was in Finland in December, 2000. This cost £4351, less than the cost of holding it in London would have been. ALLC paid £500 for publicity at the International Quantitative Linguistics Association conference in Prague in July, in recognition of the mutual interests of our two associations. Five Bursary awards of £500 were made at the Glasgow conference and the Programme Chair's visit to Glasgow was an additional special cost.  I am happy to provide more information on any item in the accounts to interested members. Contact me at the address below. Jean G Anderson, Honorary Treasurer Association for Literary and Linguistic Computing University of Glasgow, 6 University Gardens, Glasgow G12 8QH Tel: +44 (0)141 330 4980 Email: j.anderson@arts.gla.ac.uk Income and Expenditure account Year to 31 December 2000 Income 2000 1999 Journal income: 15% share of revenue £8,004.00 £7,800.00 Journal income: 50% of profit share 5,025.00 9,561.00 Bank Interest 1,170.00 718.00 Building Society Interest 1,521.00 1,742.00 Tax recoverable on prior year's interest 716.00 0.00 Total income 16,436.00 19,821.00 Expenditure Journal editorial expenses 4,650.00 3,604.00 Bursaries 2,500.00 2,500.00 Annual AGM Conference 954.00 1,798.00 ALLC workshop 1,734.00 0.00 Conference Programme Chair - visit to ALLC 1,108.00 0.00 ALLC committee meetings 6,198.00 0.00 Other costs 770.00 586.00 Total expenditure 17,914.00 8,488.00 Surplus of Income over Expenditure -1,478.00 11,333.00 Balance Sheet At 31 December 2000 Accumulated Funds 1998 1997 Balance at bank on January 1st 58,227.51 46,935.86 Excess of income over expenditure 8,847.64 12,041.65 67,075.15 58,977.51 Represented by: Current assets Cash at bank 32,035.00 29,274.00 Cash at building society 47,935.00 46,414.00 Accrued income - tax on prior years interest 716.00 0.00 80,686.00 75,688.00 Current liabilities -1,953.06 750.00 Accruals -5,286.00 -450.00 Net current assets 75,400.00 75,238.00 Deferred income -1,640.00 0.00 73,760.00 75.238.00

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