Financials

UICC concluded the financial year with a balanced budget, having delivered the World Cancer Congress, launched numerous new initiatives and assisted many UICC members through the economic consequences of the pandemic. The results were confirmed by an external audit conducted by PriceWaterhouseCoopers in Geneva.

As a result of a prudent control of costs and securing new income streams, UICC was able to maintain its reserve levels at more than 30% of operational costs.

The World Cancer Congress represented the biggest expense of the year. Although the financial results are subject to the audit taking place in April 2023, at this stage UICC forecasts a small operational surplus.

UICC financials are prepared in accordance with the SWISS GAAP FER 21. These accounting standards are recognised, comprehensible and comprehensive, ensuring the continued publication of high-quality and transparent financial reports.

The Board of Directors regularly monitored the financial situation through the Treasurer and the Finance, Risk and Audit Committee.

Balance sheet at 31 December in US Dollars

These figures, as presented, represent a summary of the financial statements of UICC. A complete set of the audited financial statements for 2022, including accompanying notes, may be obtained upon request at taylor@uicc.org