59
TCMA
2016
Annual Report
Current Period
January 1 -
December 31, 2016
Audited
Prior Period
January 1 -
December 31, 2015
Audited
Income
Membership Fee and Expense Contribution from Members
6,614,718
6,108,872
Operating Income
1,021,810
1,278,320
Non-Operating Income
942,983
1,046,856
Previous Year’s Income Surplus
-
1,589,320
Other Income
1,250,000
306,901
Total Income
9,829,511
10,330,269
Expenses
Personnel Expenses
(5,310,470)
(4,655,280)
Board of Director’s Fee
(264,000)
(240,000)
Outsourced Services
(487,850)
(458,354)
Advertisement and Meeting Expenses
(1,108,978)
(1,182,591)
Research and Publication Expenses
(138,768)
(117,685)
Information Technology Expenses
(541,994)
(472,806)
Training, Courses and Seminars Expenses
(353,539)
(388,015)
Travel and Accommodation Expenses
(139,470)
(175,464)
Fixed Asset Purchases Expenses
(32,394)
(52,332)
Membership Fees Expenses
(168,276)
(136,012)
Other Expenses
(670,918)
(497,312)
Total Expense
(9,216,658)
(8,375,851)
Income Surplus
612,853
1,954,418
Provision for Taxes and Other Legal Liabilities (-)
-
-
Net Income Surplus
612,853
1,954,418
Financial Statements
(Currency - Turkish Lira (TL))




