SAE Annual Report 2009 - 43

SAE International

Statements of Activities and Changes in Net Assets
(Excluding SAE Foundation Division and Contributed Services)
SAE INTERNATIONAL
Statements of Activities and Changes in Net Assets (Excluding SAE Foundation Division and Contributed Services) For the Years Ended December 31 OPERATING ACTIVITIES Revenues and Public Support Meetings and conferences Magazines and publications Membership and Sections Technical standards Other products and services Total Revenues and Public Support Expenses Meetings and conferences Magazines and publications Membership and Sections Technical standards Other products and services Administrative services Total Expenses Increase in Net Assets From Operations 2009 2008

$

8,589,975 23,738,939 3,677,390 2,803,801 2,319,499 41,129,604

$ 16,081,700 27,937,434 4,061,275 4,645,895 2,545,436 55,271,740

11,622,363 7,419,837 1,692,427 4,573,522 5,236,314 9,554,217 40,098,680 1,030,924

17,496,058 9,991,990 2,375,559 6,410,701 7,187,917 10,920,571 54,382,796 888,944

NONOPERATING ACTIVITIES Development activities (2,924,473) (2,823,405) Investment activities 5,539,019 (12,901,081) Pension adjustment 5,470,482 (15,285,618) Loan activity (218,520) Sections liability adjustment 464,437 SAE INTERNATIONAL (2,714,283) Workforce reductions (1,249,837) SAE Institute debt forgiveness (966,573) Statements of Activities and Changes in Net Assets (Excluding SAE Foundation Division and Contributed 4,650,089 Services) (Continued) Total Nonoperating Activities (32,259,941) Increase (Decrease) in Net Assets From Continuing For the Years Ended December 31 Operations
Loss From Discontinued Operations 2009 5,681,013 (552,601) 2008 (31,370,997) (247,486) (31,618,483) 42,681,037 $ 11,062,554

(Continued)

See independent auditors' report. Increase (Decrease) in Net Assets 5,128,412
Net Assets - Beginning of year Net Assets - End of year

Page 31

11,062,554 $ 16,190,966

See independent auditors’ report

2009 Annual Report

43
SAE Annual Report 2009

Table of Contents for the Digital Edition of SAE Annual Report 2009
