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GVL publishes its 2016 annual report jointly with a transparency report for the first time

GVL published its annual report together with the first transparency report for financial year 2016 on 30/08/2017. From now on, GVL’s annual reports include further economic and market-specific details in addition to the obligatory key performance indicators. GVL thus exceeds the statutory transparency requirements in a comprehensive manner.

The 62 page long annual report with the transparency report includes year-end accounts, position report and auditors’ notes, as well as detailed market-specific key performance indicators for financial year 2016.  The initial part of the report also includes a demonstrative description of the organisational development during the last year.

Managing Directors Dr. Tilo Gerlach and Guido Evers provide an outlook how GVL is changing to a modern, international service provider for its members regarding secondary exploitation rights. Guido Evers and Dr. Tilo Gerlach state: “We would like to cordially invite the public by providing this first combined transparency and annual report of GVL to learn more about our work, our visions and the most important milestones during a profound period of change in our history”. In addition, cultural, politico-cultural and social grants and project are introduced, which can be subsidised with up to 5% of the amount available for distribution purposes.
 

Transparenz- und Geschäftsbericht 2016

The transparency and annual report is published on GVL's website each year before the end of August for the previous financial year.