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/22 1 1. FEIEA's mission Formed in 1955, in Copenhagen, as a non-profit Federation of European Industrial Editors Associations, FEIEA is now the Federation of European Internal Communication Associations, embodying co-operation among national member associations, currently in 11 countries: Austria, Belgium, Denmark, Germany, Czech Republic, Italy, Portugal, Slovakia, Slovenia, Switzerland and United Kingdom. annual report 2014/2015 feiea.eu

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Page 1: FEIEA CM/20160405/C (FEIEA 2014/2015 Anual Report)feiea.eu/wp-content/uploads/2016/04/FEIEA-2014-2015-Anual-Report.… · 1/22 1. FEIEA's mission Formed in 1955, in Copenhagen, as

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1. FEIEA's mission

Formed in 1955, in Copenhagen, as a non-profit Federation of European Industrial Editors Associations, FEIEA is now the Federation of European Internal Communication Associations, embodying co-operation among national member associations, currently in 11 countries: Austria, Belgium, Denmark, Germany, Czech Republic, Italy, Portugal, Slovakia, Slovenia, Switzerland and United Kingdom.

annual report2014/2015

feie

a.eu

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President’s Message 60 years !

FEIEA proudly celebrated its 60th anniversary in 2015 with its members: VIKOM from Austria, BViC from Belgium, IIK from the Czech Republic, FIKOM from Denmark, DPRG from Germany, ASCAI from Italy, APCE from Portugal, AICO from Slovakia, SIK-PRSS from Slovenia, Dircom from Spain, SVIK from Switzerland and IoIC from the United Kingdom *.

These member associations, along with the other associations throughout FEIEA’s history, have been the soul of this organization. Over those 60 years they have contributed to a European ideal for internal communication, supporting our shared goal and common

objectives: to defend and promote internal communication in Europe.

Together we have more than half a century of knowledge and an enviable ability to reinvent, to change from the mindset of industrial newspapers to more collaborative digital and web based communications.

FEIEA will always be prepared to the future of internal communication.

We are already looking to the future, setting the objectives for the upcoming years with renewed ambition.

Transparency and professional certification will be the buzz words and continuing to share best practice and trends stays high on our to do list.

Thank you very much to all national associations and their members who have been part of FEIEA’s history !

António Rapoula FEIEA President

(*) Members by the end of 2015. Dircom from Spain approved in 2015 to became an associate member starting January 1st 2016.

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intro !

Formed in Copenhagen in 1955 as the non-profit Federation of European Industrial Editors Associations, FEIEA is now the European Association for Internal Communication, embodying co-operation among national member associations, currently in 11 countries (2015): Austria, Belgium, Czech Republic, Denmark, Germany, Italy, Portugal, Slovakia, Slovenia, Switzerland and United Kingdom.

FEIEA’s main goal is to connect European internal communicators, speaking with a European voice on internal communication issues at a pan-European level across the European Union and business, economic, academic and social organizations across Europe.

FEIEA’s independence provides a network of professional support for internal communication professionals whose responsibilities include communication strategy and planning, employee engagement and change management, as well as the management and delivery of print-based, audio-visual or electronic communication channels.

It aims to broaden members’ knowledge of corporate communications issues, encouraging the practice of ‘doing things the right way’.

mission !

The development and awareness of the profession of internal communication is our main goal delivered through the organization of our events, providing best-practice sharing and networking at a European level. The implementation of a professional certification programme for internal communication is our next step.

This will consolidate FEIEA as one of the few federations within Europe with a main purpose - the focus on internal communication itself - not an industry like oil, post or railways. We don’t represent management or syndicates: we truly represent people and the professionals that communicate with them.

FEIEA’s mission is to develop and maintain a dynamic and open European single market that enables members to meet the challenges of globalization. We aim to provide tools and support that will help associations to stimulate innovation, and to promote pan-European visibility. We also aim to improve the range and quality of products and services for individual members and Associations, in order to deliver higher support standards, better pan-European opportunities, and a prosperous economic future for all Associations.

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Council ChairmanDaniel Ambühl Council Chairman

FEIEA’s highest forum is the Council which represents all the national member associations within the FEIEA federation. The Council meets at least once a year and elects a Council Chairman for a three-year term to chair its meetings.

Council Members

AUSTRIA

VIKOM - Verband für Integrierte Kommunikation

President: Christian Schroffer FEIEA link: Doris Ladewig Schwarzenbergplatz 4 1031 Vienna , Austria Phone +43 (0)1 71135-2413 [email protected] www.vikom.at

BELGIUM

BVIC – Belgische Vereniging voor Interne Communicatie

President: Peter Op de Beeck FEIEA link: Martine Van Driessche Postbus 123, 2018, Antwerp, Belgium  Phone +32 474 17 99 35 [email protected] www.bvic.be�

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DENMARK

FIKOM - Foreningen for Intern Kommunikation

President and FEIEA link:: Henrik Vinther

Bækmosen 16, 2670 Greve – Denmark   Phone +45-4369 3832 / +45-30787978  [email protected] www.fikom.dk

GERMANY

DPRG - Deutsche Public Relations Gesellschaft

President: Norbert Minwegen FEIEA link: Gerhard Vilsmeier Reinhardtstraße 19 10117 Berlin - Mitte 500m vom S-Bhf Berlin-Friedrichstraße  Tel.: +49 (030) 80 40 97-33 [email protected]  www.dprg.de/

CZECH REPUBLIC

IIK - Institutu Interní Komunikace

President and FEIEA link: Tomáš Poucha

Karmelitská 268/26 118 00, Praha 1, Check Republic IČO  22817395 [email protected] www.institutik.cz

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ITALY

ASCAI - Associazione per lo Sviluppo delle Comunicazioni Aziendali in Italia

President: Maurizio Incletolli FEIEA link: Massimo Greggia Piazza del Gesù, 49, 00186 Roma – Italy [email protected] www.ascai.it�

PORTUGAL

APCE - Associação Portuguesa de Comunicação de Empresa

President:  Eduardo Guedes de Oliveira FEIEA link: Paula Portugal Mendes Av. do Brasil, 35 - 1º B 1700-062 Lisboa, Portugal [email protected] www.apce.pt

SLOVAKIA

AICO -The Association for Internal Communications

President and FEIEA link: Martin Onofrej

Hurbanovo nám. 1, 811 06 Bratislava Slovakia Tel.: +421 2 330 700 77 [email protected] www.internalcommunication.eu

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SLOVENIA

SIK/PRSS - Slovensko društvo za odnose z javnostmi

President: Iztok Verdnik FEIEA link: Ojsteršek Urška

Tivolska cesta 50  SI-1000 Ljubljana  Slovenia Tel.: + 386 030 313 500  [email protected] www.piar.sI�

UNITED KINGDOM

IoIC - Institute of Internal Communication

President: Suzanne Peck FEIEA link: Steve Doswell

Suite GA2, Oak House, Woodlands Business Park, Linford Wood,  Milton Keynes MK14 6EY Tel: +34 (0)1908 313755 [email protected] www.ioic.org.uk

SWITZERLAND

SVIK/ASCI- Schweizerischer Verband für Interne Kommunikation

President and FEIEA link: Daniel Ambühl

Geschäftsstelle Postfach 576 3000 Bern 7 Phone: +41 31 301 24 24 [email protected] www.svik.ch�

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Executive BoardFEIEA is governed by the Executive Board, elected by the Council for a three year term. It manages FEIEA running its activities and services.

President Vice - President Vice - President

António Rapoula Vesna Petkovšek Massimo Greggia

Treasurer Secretary General

Henrik Vinther Carlos Manuel de Almeida

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Secretary General Message

A great challenge !

Dear Members of FEIEA,

The advances in communication technology and the trend towards globalization draw us closer and make us more connected but, at the same time, these forces bring challenges and pressures.

Organizations and communities around the world have to respond even more quickly to increasingly complex issues.

It is these developments that have thrust internal communication professionals into the limelight in a way that we could only dream of a few years ago. The moment for our profession is now. CEOs and

other leaders are turning to communication professionals to help them make sense of this new world and to deal with the new accountabilities that it brings. Internal communication is growing at an unprecedented rate and working at levels within organizations and communities that we have long aspired to. The challenge for us is whether we can develop as a profession and in sufficient numbers to fulfill the roles that are open to us now.

2014 and 2015 have been exciting and very demanding years. Personally, I had the opportunity to develop as Secretary General. I am still learning and trying to improve my role and performance, with the objective to support and develop our members needs and expectations.

With the help of all FEIEA members, I truly believe that FEIEA will be able to achieve the deserved awareness and become Europe's leading Association for Internal Communication and communicators !

In 2014 and 2015 FEIEA achieve a turning point that allows us in the future to be 100 per cent focused on developing added value for our members.

I am ready ! We are ready !

Carlos Manuel de Almeida FEIEA Secretary General

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2014/2015 Highlights back office !

To support and manage FEIEA, the back office was successfully established at the end of 2014 as a non-profit organization based in Lisbon (Portugal).

Under FEIEA Back Office - Associação de Comunicação Interna – we now have: ! New office ! New bank account ! New certified and audited accountability

membership !

! 2 new members (BVIC and AICO) ! 1 leaving member (ABCi)

communication and awareness !

! New name – FEIEA - European Association for Internal Communication ! New signature - connecting internal communicators since 1955 ! New logo ! New image ! New web domain - feiea.eu ! New email contact structure ! New website ! New web host ! New Facebook page to support the new name ! New social networks (Twitter, LinkedIn, Google +) ! New Web-letter (> 150 online subscribers) ! New official soundtrack ! New FEIEA consolidated history.

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2014/2015 Highlights grand prix !

! New entry pack ! New online entry form ! New judging structure based on three phases ! New online judging process ! New transparent online voting system ! New Meet the Winners session ! New trophies.

management !

! 1 Presidents’ Summit ! 2 Council Meetings ! 12 Executive Meetings ! 14 External Web-Letters ! 5 Internal Web-Letters ! 2 Annual Reports ! New document structure ! New Grand Prix Sharing Fee Policy ! New Member Fee Policy

None of this could have been done without FEIEA’s hard-working Executive Team who give their time and wisdom, and none of it could have been done without the support of our members who are generous to a fault in their thinking, actions and contribution to the wider community.

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2014 Grand Prix overview !

Once again the 2014 FEIEA Grand Prix was a success with 108 finalist entries from 12 different countries.

This year, the awards event was organised in London in cooperation

with FEIEA’s UK member association IoIC. The Grand Prix ceremony took place at the Radisson Blu Kenilworth Hotel in London on the 13th November 2014. The FEIEA Grand Prix winners celebrated the best achievement in internal communication from across Europe.

The competition gives entrants the opportunity for their work to be assessed against high standards of practice, according to set criteria.

Judging for the Grand Prix itself takes place in three stages:

1 - National round: Each FEIEA member association organises a National judging panel that assesses all the entries. The national round selects up to three entries per class.

2 - Semi final round: All entries received from the National round are evaluated at this stage. The pan-European jury will then vote for final Winners and Runners-up. The Jury comprises international experts from the FEIEA member countries;

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3 - Final pan-european round: In October 2014, a group of six judges, representing six different countries meet in Lisbon one weekend to analyse, discuss and evaluate all entries selected for the final phase..

- Anja Potocnik from Slovenia - Carola Minder from Switzerland - José Luis Cavalheiro from Portugal - Massimo Greggia from Italy - Steve Doswell from the United Kingdom - Tomas Poucha IIK from Czech Republic

Finalists and winners per country ! Finalists Winners

! Portugal: ! United Kingdom: ! Netherlands: ! Switzerland: ! Germany: ! Belgium: ! Austria: ! Slovenia: ! Italy:! Czech Republic: ! Slovakia! France

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CLASS 1 (Best internal communication strategy) !

! Winner: Zavarovalnica Triglav (When fantasy turns into fraud) from Slovenia ! 2nd place: Swiss Life Switzerland (Caramba at Swiss Life) from Switzerland ! 3rd place: ABN AMRO (Risky – Moderate Risk Profile) from the Netherlands

CLASS 2 (Best change communication strategy) !

! Winner: Deloitte (Tax with love campaign) from Portugal ! 2nd place: BergHind Joseph Limited for Syngenta AG (Encouraging everyone to act with Intergrity) from the United Kingdom ! 3rd place: Banca Etruria (Banchevolution – The future is at the center of the action) from Italy

CLASS 3 (Best multi-national communication strategy) !

! Winner: Enel Spa (We are Energy) from Italy ! 2nd place: BergHind Joseph Limited for GE Oil & Gas (Uniting employees behind one powerful purpose) from United Kingdom ! 3rd place: Siemens Portugal (Siemens – IT CA) from Portugal

CLASS 4 (Best multi-language publication) !

! Winner: GeoPost (One Magazine) from France ! 2nd place: KircherBurkhardt GmbH for ThyssenKrupp AG (WE) from Germany ! 3rd place: EDP – Energias de Portugal, S.A. (edpON magazine) from Portugal

CLASS 5 (Best internal magazine) !

! Winner: Proof Reputation for ABN AMRO (ABN AMRO – Tomorrow magazine) from the Netherlands ! 2nd place: GeoPost (One Magazine) from France ! 3rd place: Credit Suisse AG (One) from Switzerland

CLASS 6 (Best internal newspaper) !

! Winner: Beetroot for Heathrow (Heathrow Life) from the United Kingdom ! 2nd place: KircherBurkhardt GmbH from Airbus Defence and Space (OnAir) from Germany ! 3rd place: KircherBurkhardt GmbH from Audi AG (Audimobil) from Germany

CLASS 7 (Best photograph) !

! Winner: 44 Communications (Unprecedented) from the United Kingdom ! 2nd place: Deloitte (Tax with love campaign) from Portugal ! 3rd place: CTT Correios de Portugal (APOSTA #119 (Page: 36) / Rossio Plaza – Lisbon) from

Portugal

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CLASS 8 (Best front cover) !

! Winner: Proof Reputation for Delta Lloyd Group (DL magazine – Cover) from the Netherlands ! 2nd place: Si.mobil d.d. (Inside jesen-zima (autumn-winter) 2013) from Slovenia ! 3rd place: SBB AG (Unterwegs) from Switzerland

CLASS 9 (Best cartoon/illustration/graphic image) !

! Winner: MLOZ (Union nationale des mutualités libres) (Louise travaille intelligemment) from Belgium ! 2nd place: Galp Energia (Infographics for the mygalp magazine #22) from Portugal ! 3rd place: CTT Correios de Portugal (“Watching life passing by”) from Portugal

CLASS 10 (Best digital communication) !

! Winner: Allianz – Slovenská poisťovňa (Stay tuned… AllianzTV) from Slovakia ! 2nd place: Grupo CH (Be a monster) from Portugal ! 3rd place: Sequel Group for FremantleMedia (Connect mag) from the United Kingdom

CLASS 11 (Best Intranet) !

! Winner: EDP – Energias de Portugal, S.A. (edpON intranet) from Portugal ! 2nd place: Flickering Wall for ING (ING – Time Orange) from the Netherlands ! 3rd place: KircherBurkhardt GmbH for ThyssenKrupp AG (WE Online) from Germany

CLASS 12 (Best audio-visual) !

! Winner: Sequel Group for Barclays (A Day in My Life – Serving Customers With Disabilities and Impairments) from the United Kingdom ! 2nd place: UBS AG (The Emerging Talent Programme 2014) from Switzerland ! 3rd place: EDP – Energias de Portugal, S.A. (edpON tv) from Portugal

CLASS 13 (Best use of social media) !

! Winner: Česká spořitelna (Using google app tools in internal communication) from The Czech Republic ! 2nd place: Die Mobiliar (CEO Vlog) from Switzerland ! 3rd place: Enel Spa (Home@Home) from Italy

CLASS 14 (Best internal communication event) !

! Winner: Telekom Austria AG (Telekom Austria Group “Internal meet the speaker’ event – Future Talk 2013”) from Austria ! 2nd place: Maters & Hermsen Journalistiek (Decentralisation Day) from the Netherlands ! 3rd place: Deloitte (Music@Deloitte) from Portugal

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2015 Grand Prix overview !

The 2015 FEIEA Grand Prix had 101 finalist entries from 13 different countries.

This year the awards event was organised in Rome in cooperation with FEIEA’s Italian member association ASCAI. The 2015 Grand Prix Winners were revealed at the gala event which took place in a marvellous 17th century palace (Palazzo Altieri) in the heart of Rome.

The competition gives entrants the opportunity for their work to be assessed against high standards of practice, according to set criteria.

Judging for the Grand Prix takes place in three stages:

1 - National round: Each FEIEA member association organises a National judging panel that assesses all the entries. The national round selects up to three entries per class.

2 - Semi final round: All entries received from the National round are evaluated at this stage. The pan-European jury will then vote for final Winners and Runners-up. The Jury comprises international experts from the FEIEA member countries;

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3 - Final pan-european round: During October 2015 a group of five judges, representing five different countries meet in Lisbon during a all weekend to analyse, discuss and evaluate all entries selected for the final phase..

- Mateja Edelbaher from Slovenia - Carola Minder from Switzerland - José Luis Cavalheiro from Portugal - Massimo Greggia from Italy - Mark Hill from the United Kingdom

Finalists and winners per country ! Finalists Winners

! Portugal: ! United Kingdom: ! Germany: ! Italy:! Switzerland: ! Slovenia: ! Netherlands: ! Czech Republic: ! Slovakia Belgium: ! Austria: ! Belgium:! Denmark:! Sweden:

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CLASS 1 (Best internal communication strategy) !

! Winner: Corporate Understanding for ALK (Communicating the Focus 2018 strategy) from Denmark ! 2nd place: IWC Schaffhausen (TOP SECURE – security awareness campaign) from Switzerland ! 3rd place: Vodafone Portugal (Vodafone Portugal and the ‘Next Generation Fibre’) from Portugal

CLASS 2 (Best change communication strategy) !

! Winner: Financial Directorate of the Slovak Republic (Tactical Internal Communication of the ISFS- SD Project – Communication – Key to the Success) from Slovakia ! 2nd place: Ahold (Ahold-Spar acquisition) from the Czech Republic ! 3rd place: Proof / Flickering Wall (KPMG – true) from the Netherlands

CLASS 3 (Best multi-national communication strategy) !

! Winner: Intesa Sanpaolo (A multi-national, multilingual Corporate WebTv) from Italy ! 2nd place: ŠKODA AUTO a.s. (One Million Campaign) from the Czech Republic ! 3rd place: Deloitte Portugal (D:Runners_Deloitte Portugal) from Portugal

CLASS 4 (Best multi-language publication) !

! Winner: EDP – Energias de Portugal (EdpON revista / edpON magazine) from Portugal ! 2nd place: AS3 (25 aninversary – As3) from Denmark ! 3rd place: C3 Creative Code and Content GmbH (Bosch Zünder) from Germany

CLASS 5 (Best internal magazine) !

! Winner: WIND Telecomunicazioni Spa (Voiceup) from Italy ! 2nd place: T-Mobile Czech Republic a.s. (Echo magazine) the Czech Republic ! 3rd place: SBB AG (Unterwegs (En route / In viaggio)) from Switzerland ! Honour Diploma: Brüggli (unterwegs) from Switzerland

CLASS 6 (Best internal newspaper) !

! Winner: Beetroot / Heathrow Life (Heathrow Life) from the United Kingdom ! 2nd place: Volkswagen Slovakia, a.s. (Svet VW) from Slovakia ! 3rd place: Luka Koper – Port of Koper (Luški glasnik) from Slovenia

CLASS 7 (Best photograph) !

! Winner: 44 Communications (The Globe, December 2015, Philip McHugh Portrait), United Kingdom ! 2nd place: CTT Correios de Portugal (Vila Nova de Cerveira (in Aposta Magazine)) from Portugal ! 3rd place: Proof / Flickering Wall (Delta Lloyd – Hide & Seek) from the Netherlands

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CLASS 8 (Best front cover) !

! Winner: 44 Communications / Barclaycard (The Globe December 2014) from the United Kingdom ! 2nd place: Touring Club Suisse (Zoom, das Mitarbeitermagazin) from Switzerland ! 3rd place: Montepio (Montepio magazine) from Portugal

CLASS 9 (Best cartoon/illustration/graphic image) !

! Winner: Instituto de Informática (Agora SEI! (Now I Know!)) from Portugal ! 2nd place: ING Bank N.V. (A human approach works) the Czech Republic ! 3rd place: BViC – Belgsiche Vereniging voor Interne Communicatie (Congress cartoon ’emotions in internal communications’) from Belgium

CLASS 10 (Best digital communication) !

! Winner: Sequel Group (kfI) from the United Kingdom ! 2nd place: Proof / Flickering Wall (Heineken – Green Room) from the Netherlands ! 3rd place: BNP Paribas Fortis (Dixit Today) from Belgium

CLASS 11 (Best Intranet) !

! Winner: EDP – Energias de Portugal, S.A. (edpON intranet) from Portugal ! 2nd place: Flickering Wall for ING (ING – Time Orange) from the Netherlands ! 3rd place: KircherBurkhardt GmbH for ThyssenKrupp AG (WE Online) from Germany

CLASS 12 (Best audio-visual) !

! Winner: Intesa Sanpaolo (A multi-national, multilingual Corporate WebTv) from Italy ! 2nd place: Sequel Group for Barclays (ZSL Special Children’s Day video) from the United Kingdom ! 3rd place: Proof / Flickering Wall (KPMG – true talk) from the Netherlands

CLASS 13 (Best use of social media) !

! Winner: Siemens Portugal (X-PHOTO Campaign) from Portugal ! 2nd place: Sequel Group (Buzz- Reaching the top leaders) from the United Kingdom ! 3rd place: Zurich Switzerland (WHAT’S UP) from Switzerland

CLASS 14 (Best internal communication event) !

! Winner: EDP – Energias de Portugal (EDP ONE Encontros 2014) from Portugal ! 2nd place: Enel Spa (Enel Family Day) from Italy ! 3rd place: Generali Poisťovňa, a.s. & Siemens s.r.o. (Wishing tree by Generali and Siemens) from Slovakia

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Honour Diplomas Honour Diplomas appointed by FEIEA Members !

2014

! Miguel Salema Garção Appointed by APCE–Associação Portuguesa de Comunicação de Empresa

2015

! Theresa Schmidt Appointed by VIKOM–Verband für Integrierte Kommunikation. ! Freddy Poelman Appointed by BVIC–Belgische Vereniging voor Interne Communicatie. ! Fanny La Monica Appointed by ASCAI–Associazione per lo Sviluppo della Comunicazione Aziendale in Italia. ! Rita Pinho Branco Appointed by APCE–Associação Portuguesa de Comunicação de Empresa ! Vesna Petkovsek Appointed by PRSS–Internal Communication Section at Slovenian Society for Public Relations. ! Dominic Walters Appointed by IoIC–Institute of Internal Communication

Honour Diplomas appointed by FEIEA President

2014 ! IoIC–Institute of Internal Communication Member from the United Kingdom recognized for it’s commitment and contribution to FEIEA

2015

! ASCAI – Associazione per lo Sviluppo della Comunicazione Aziendale in Italia Member from Italy recognized for it’s 60th anniversary ! APCE – Associação Portuguesa de Comunicação de Empresa Member from Portugal recognized for it’s 25th anniversary

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Financial Information 2015-4

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Balance Sheet 2014-2015

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FEIEA BACK OFFICE - ASSOC. E COMUN. INTERNA

2015 2014

ASSETS

Non-current Assets:

Fixed Assets …………………………………………………………………………….

Intangible Assets ………………………………………………………………………..

Current Assets:

Clients ………………………………………………………………………………….. 16.769,10 22.735,00

Cash and Cash Equivalents ……………………………………………………………. 11.290,19 4.560,24

28.059,29 27.295,24

Total ASSETS................................................ 28.059,29 27.295,24

EQUITY

Equity

Retaines Earnings ………………………………………………………………………. 17.987,67

Net Income ………………………………………………………………………………. (369,89) 17.987,67

Total Equity...................................................................................................... 17.617,78 17.987,67

Liabilities

Non-current Liabilities:

Long-term Bank Loans ………………………………………………………………….

Long-term Debt …………………………………………………………………………..

Current Liabilities:

Payables …………………………………………………………………………………. 1.343,53 1.219,18

Payables Accrued ………………………………………………………………………. 9.097,98 8.697,98

10.441,51 9.917,16

Total Liabilities.............................................................................................. 10.441,51 9.917,16

Total Equity and Liabilities........... 28.059,29 27.904,83

FEIEA Board:__________________________________

Accountant:___________________________________

PERIODS

ITEMS NOTES

EURO

FY 2015

BALANCE SHEET

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Statement of Earnings 2014-2015

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FEIEA BACK OFFICE - ASSOC. E COMUN. INTERNA

2015 2014

PROFIT & LOSS

Service Revenue………………………………………………………………………………. 26.565,00 23.280,00

Overhead Expenses.......................................................................................................... (25.737,29) (5.292,33)

Other Expenses................................................................................................................. (588,01)

EBITDA 239,70 17.987,67

Depreciations……………………………………………………………………………………

EBIT 239,70 17.987,67

Interest Income…………………………………………………………………………………

Interest Expenses………………………………………………………………………………

EBT 239,70 17.987,67

Corporate Taxes...........................................................................

Net Income 239,70 17.987,67

,00

FEIEA Board:__________________________________

Accountant:___________________________________

ITEMSPeriod

Statement of Earnings - FY 2015

NOTES

EURO

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Auditor’s Report

SOCIEDADE DE REVISORES OFICIAIS DE CONTAS | Inscrição OROC nº 214 |NIPC 508 412 080 PORTUGAL :: LISBOA: Rua Latino Coelho, 87, Sala 32 | 1050-134 Lisboa | Tel: +351 213 502 567

BRASIL :: SÃO PAULO: Avenida Paulo VI, 2292 – Sumaré | São Paulo - SP | 01262-010 | Tel: +5511 3266 5866

Audit Report

Introduction

1. We have audited the financial statements of FEIEA Back Office, Associação de Comunicação Interna,

which comprise the Balance Sheet at December 31, 2015 (which shows a total assets of 28.415 euros

and a total equity of 17.618 euros, including a net loss of 370 euros), the income statement by nature,

the statement of changes in equity and statement of cash flows for the year then ended, and the

corresponding notes.

Responsibilities

2. It is the responsibility of Management to prepare financial statements that present fairly the financial

position of the Company, the results of its operations, changes in equity and cash flows as well as the

adoption of adequate accounting policies and maintaining a system of internal control.

3. Our responsibility is to express an independent opinion, based on our audit of financial statements.

Scope

4. The examination was conducted in accordance with the Audit Technical Standards and Guidelines of

the Ordem dos Revisores Oficiais de Contas, which require that we plan and perform the audit to

obtain reasonable assurance about whether the financial statements are free of material

misstatement. To this end, the audit included:

- Examining, on a test basis, evidence supporting the amounts and disclosures in the financial

statements and estimates, based on judgments and criteria defined by the Management, used in

their preparation;

- Assessing the appropriateness of the accounting policies adopted and their disclosure, taking into

account the circumstances;

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Auditor’s Report

SOCIEDADE DE REVISORES OFICIAIS DE CONTAS | Inscrição OROC nº 214 |NIPC 508 412 080 PORTUGAL :: LISBOA: Rua Latino Coelho, 87, Sala 32 | 1050-134 Lisboa | Tel: +351 213 502 567

BRASIL :: SÃO PAULO: Avenida Paulo VI, 2292 – Sumaré | São Paulo - SP | 01262-010 | Tel: +5511 3266 5866

- Verification of the applicability of the principle of continuity;

- An assessment of the adequacy of the overall presentation of financial statements; and

- Verification of the financial information contained in the management report with the financial

statements.

5. We believe that our audit provides a reasonable basis for our opinion.

Opinion

6. In our opinion, the financial statements present fairly, in all material respects, the financial position of

FEIEA Back Office, Associação de Comunicação Interna on December 31, 2015, the results of its

operations, changes in equity and cash flows for the year then ended in conformity with accounting

principles generally accepted in Portugal.

Report on other legal requirements

7. It is also our opinion that the financial information in the management report is consistent with the

financial statements.

Lisbon, March 30, 2016

CONFRARIA, RAMOS E RODRIGUES, SROC, LDA.

REPRESENTADA POR

CARLOS MANUEL BASTOS RODRIGUES, ROC Nº 1270

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FEIEA Back Office, Associação de Comunicação for

FEIEA - European Association for Internal Communication

FEIEA Back Office, Associação de Comunicação / FEIEA - European Association for Internal Communication)Address: Av. do Brasil, 35 - 1º B - 1700-062 Lisbon - Portugal

VAT number: PT 513 199 241web: www.feiea.eu / M: +351 96 424 24 28 / email: [email protected]

Facebook: www.facebook.com/FEIEA / Twitter: twitter.com/feiea_info /Linkedin:@feiea_info

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