HDS ZAMP Annual report 2014
2014 was a successful year for HDS ZAMP: the growth tendency of the remunerations collected continued, and at the same time the administrative costs of our organization continued to drop slightly.
Both these facts resulted in greater benefits for HDS members: in 2014, HDS ZAMP has procured a distributable income of 77,83 milion kunas, which is 7,47% more than for the previous year. We would like to emphasize that we have simultaneously lowered the administrative expenses for another year in a row, and they were 23,41% of gross income for 2014, which is 0,48% lower than in 2013. This is especially relevant given the fact that the volume of business activities was significantly higher than it had been before: more concerts, more works registered and processed per each concert, more media broadcasting and transmitting musical works, more users who, through music usage, improved their business activities, more income from abroad, and the income from digital music services was finally brought in.
You can read and download english version of HDS ZAMP annual report summary here.
