The IEC is financed by a combination of membership dues and revenues from the sales of its publications.

Total membership dues amounted to CHF 11,43 million while revenues from sales (both direct sales and royalties) came to CHF 9 million, which along with other revenues resulted in a total net income of CHF 23,21 million.  

With total expenses for the year at CHF 20,91 million, of which personnel costs represented CHF 13,5 million, the IEC produced a net surplus for 2008 of CHF 2,3 million.

Key indicators
for the IEC (including conformity assessment) consolidated profit and loss account
for the year ended 31 December 2008

2008 % of total income 2008 2007 % of total income 2007   CHF   CHF   Dues 11 435 457 49.26% 11 645 907 50.38%    - Group A* dues 4 570 000 19.69% 4 765 000 20.61%    -  Associate Members 426 700 1.84% 432 000 1.87% Sales 9 001 607 38.78% 8 350 654 36.13%    - Net paper and electronic sales 3 258 432 14.04% 3 080 806 13.33%    - Royalties 5 743 175 24.74% 5 269 848 22.80% Conformity Assessment Systems operations 1 808 320 7.79% 2 000 832 8.66% TOTAL NET INCOME 23 214 891 100% 23 114 338 100%           Personnel costs 13 506 217 64.58% 13 738 660 64.08%         TOTAL EXPENSES 20 915 242 90.09% 21 440 543 92.76%         SURPLUS FOR THE YEAR 2 299 649 9.91% 1 673 795 7.24%

* Group A comprises France, Germany, Japan, the United Kingdom and the United States

Sales

IEC Central Office sales of IEC Publications were once again outstanding, reaching a total of CHF 5.06 million in 2008, an increase of 2.4 % compared to 2007. The sales were the highest since 2001. And for the first time, webstore sales broke another record with more than CHF 3.3 million, an 8.3 % increase over 2007.

With a total of 1 259 publications sold, TC 104: Environmental conditions, classification and methods of test, again took the top spot for sales in 2008, followed TC 20: Electric cables, with 1 109 publications.

IEC 60529 and IEC 60825-1 were again in the lead in 2008, followed by IEC 60079-0.