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of the International SQL-Ledger Network Association, based in Stäfa, Switzerland.
The chairman welcomes all the active members and requests them to enter their votes directly at the bottom of this report.
The chairman acknowledges that all active members have been invited, within the period stipulated in the articles of association, to participate at this years General Assembly.
During the year;
The total income in 2019 was CHF 6'158 and the total expenses were CHF 6'628. On the 31st of December 2019 the International SQL-Ledger Network Association held a total of CHF 11'990 at the Postbank in Bern and had liabilities amounting to CHF 4'436.
During 2019 the existing funds were used according to budget and the Association was able to meet all its financial obligations.
The Annual Report and Financial Statements as of December 31st 2019 can be downloaded here.
The board was granted relief unanimously and without abstention.
The membership fee for natural persons shall be 120 CHF per year whereas the membership fee for corporate bodies shall be 1200 CHF per year.
The Assembly declares that the annual budget should be based on the income of the Association and primarily be used for the further development of the SQL-Ledger project and for the execution of user conferences and developer events.
No requests regarding other issues have been received from the members.