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2021-12-31-accounts

The European Federation of Societies for Ultrasound in Medicine and Biology (EFSUMB) Registered UK Charity 1016118

Trustees’ Report March 2022

This report has been prepared by the EFSUMB Trustees registered with the Charity Commission according to the Statement of Recommended Practice requirements that all charities must follow:

• Objectives and activities

EFSUMB’s objectives are to:

• Achievements and performance

Research activities

The last twelve months has seen the submission for publication of the following EFSUMB papers:

  1. Gastrointestinal US Functional Disorders Part 7

  2. The EFSUMB Guidelines and Recommendations for Musculoskeletal Ultrasound – Part 1: Extraarticular Pathologies 2021

  3. The EFSUMB Guidelines and Recommendations for Musculoskeletal Ultrasound – Part II: Joint Pathologies, Paediatric Applications and Guided Procedures

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  1. Point of Care Ultrasound (PoCUS) Guidelines Common heart & Pulmonary Applications

The following papers are submitted or work in progress for publication in 2022

  1. Head and Neck Training Recommendations

  2. Professional Standards in Ultrasound

  3. Dynamic CEUS Ultrasound

  4. Multiparametric Ultrasound Pancreas/ Liver/Breast/ Thyroid/ Testis

Safety Statements in US

ECMUS Safety Committee has revised the online safety statements in 2021 and is working on an audiocast of a Safety Presentation for download from the website along with safety tutorials in 2022. Continuing Medical Education Safety Aspects of Perinatal Ultrasound was published in EJUS in 2021.

The Committee is preparing a best practice guideline for safe lung ultrasonography for publication in 2022.

Courses and Congresses

The EUROSON 2021 congress planned for Timisoara, Romania was postponed to May 2022 however the Young Investigator Session took place as an online competition. Not all Euroson Schools were able to proceed as planned but some took place as a physical or as a hybrid meeting. The recording of the Munich CEUS School is available for free access on the EFSUMB website.

Online Education

EFSUMB has adapted to the pandemic with all committee meetings held online and by offering more webinars. Some continue the tradition of Contrast Enhanced US webinars and others promoting newly published guidelines such as Musculoskeletal, or guidelines in progress such as Multiparametric Ultrasound in the Liver and Small Parts.

Cooperation with international organisations and Industry

The next EFSUMB congress will be held jointly with the WFUMB and the Romanian National Society congresses in 2022. The cooperation

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agreement with European Society of Radiology has been renewed and a joint ESR/EFSUMB session will be held in 2022.

EFSUMB continues to cooperate sharing information on EFSUMB activities with Industry Partners through its elected representatives to encourage financial support of webinars, congresses and schools.

Continuing impact of COVID19

The pandemic has disrupted the physical meetings and reduced EFSUMB’s income but this has been offset by replacing physical committee meetings to online meetings.

The EFSUMB website, despite the changes restricting some material in a members’ only section, continues to see increased visitor numbers. EFSUMB utilized and capitalized on this interest by offering more webinars and with international links to safety information. Individual members continue to sign up to access the website and benefit from congress registration reductions.

The prospects for 2022 are still uncertain and it is still too early to say if the congress and all Schools/Courses will proceed as normal or will need to be switched to hybrid or purely online meetings. An Industrial Board Meeting has taken place in 2021 to encourage Industry to support more webinars in 2022 and future school recordings.

• Financial review

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Following several years with an annual surplus income, EFSUMB in 2021 had a gain of 2,855 GBP, Membership at the end of 2021 totals 15,677 with the vast majority from the 30 National Societies and individual membership accounting for 220. EFSUMB continues to promote Schools and Courses online for a small fee and selling individual chapters from the EFSUMB Course Book online. EFSUMB is adjusting to the reduced income by encouraging new National Societies and individual members to join and continuing to use the strategies imposed by the pandemic such as use of online meetings.

The direct expenditure relating to the Society’s activities include the stable (virtual) office and website costs, followed by the 1.5 USD for each EFSUMB member paid to WFUMB. 2021 continues to see a significant reduction in costs for supporting EFSUMB Committee meetings and attendance at the EUROSON congress. All guidelines consensus meetings have taken place online and with electronic voting.

EFSUMB holds assets of approximately 450,000 GBP which is equivalent to three years administration costs. This reserve is maintained to ensure that the Federation can continue for a further three years using these funds to continue the work in progress and restructure to a new situation if required.

Plans for future period

The plans for the future period include continuation of Guidelines projects, extending the PoCUS project to other organs, Multiparametric Imaging of the Pancreas, Liver and Small Parts and updates of other existing guidelines. Increased online material will be made available to members including school recordings, some free book chapters, safety statements and position papers. The EUROSON 2022 congress will see EFSUMB lectures and sessions in a physical or online meeting if it is not possible to proceed as a physical meeting.

• Structure, governance and management

The European Federation of Societies for Ultrasound in Medicine and Biology (EFSUMB) is a

Registered UK Charity number 1016118 with the Administrative Office, PO Box 72718 London SW19 9HD. The registered Trustees, Prof Paul Sidhu, Prof Adrian Lim and Prof Camel Moran are based in the UK and have participated during this reporting period and within EFSUMB Committees and are cognisant with EFSUMB policy.

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EFSUMB is governed by its Constitution which determines the structure of the Federation and is observed with elections held every two years which will be held electronically in 2021. Nominations are requested from all the member National Societies. In order to increase the country

representation within EFSUMB Committees, members are co-opted from National Societies who have been unsuccessful in the election or who have skills that are required within the Committees.

On the occasion of the 50[th] anniversary of EFSUMB a review of the Constitution is underway in 2022 to consider ways to include individual members as committee members plus the inclusion of affiliated societies in and outside Europe and where the multidisciplinary requirement is not fulfilled by smaller highly speciality organisations. The Committee undertaking the review will report to the Board of Delegates at the next Board meeting.

The administrative decisions are taken by the Executive Bureau with five elected positions, President, President Elect, Past President, Honorary Secretary and Treasurer and two co-opted members. Specialist committees exist for Education and Professional Standards, Publications, Safety and Student matters. Day to day administration is carried out by the Executive Secretary and a website Administrator accountable to the Executive Bureau in accordance with the Constitution. The remuneration of these workers is the remit of the Executive Bureau and is reviewed annually in the context of similar operating organisations.

The website administrator is currently working on an App in 2022 for hosting EFSUMB guidelines to be freely downloaded by all ultrasound users. In the meantime, EFSUMB will promote two important guidelines for inclusion in the United European Gastroenterologists (UEG) App.

• Reference and administrative details

The Trustees delegate the day-to-day administrative management of the charity to the General Secretary (at the time of writing this report) Mrs Lynne Rudd who has served in this capacity since 2009. Frequent meetings are held by the Executive Bureau to whom the General Secretary is accountable. The website Administrator, Mrs Suzanne Cain of Kosmos Design has served in this capacity since 2008 and is accountable to the General Secretary in the first instance.

The General Secretary liaises with the accountant to produce the annual financial report. Mr Christian Cooray of Hartley Fowler LLP, Tuition House, 27/37 St George’s Road, Wimbledon SW19 4EU.

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• Exemptions from disclosure

No exemptions from disclosure are claimed as there are no payments to Trustees or EFSUMB committee members except for necessarily incurred expenses which are reimbursed according to EFSUMB approved policy.

Funds held as custodian trustee on behalf of others

EFSUMB is the custodian trustee for an endowment fund provided by the French Ultrasound Society for a French Society nominated Thérèse Planiol lecture to be held at a EUROSON Congress and is provided to cover travel and accommodation. The fund currently stands at 3011 GBP.

The annual CEUS School held in Munich, Germany receives the assistance of EFSUMB with a fee to EFSUMB of 1000 euro for administration to raise sponsorship and reimburse speakers.

A balance from the 2021 School of 25,662.76 euro is carried forward to 2022 and held by EFSUMB as a restricted fund for the course organisers Prof Dirk Clevert and Prof Hans-Peter Weskott.

Report prepared on 30 April, 2022 by EFSUMB Trustees

Prof Paul Sidhu Prof Adrian Lim Prof Carmel Moran London, UK London, UK Edinburgh, UK Trustee and Past President Trustee and Publications Trustee and Safety Committee Chair Committee Member

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REGISTERED CHARrrY NUMBEL. 1016118 REPORT OF THE TRUSTEES AND FINANCIAL STATEMEiirs FOR THE YEAR ENDED 31 DECEMBER 2021 FOR THE EUROPEAN FEOERATIOM OF SOCIÉTIES FOR ULTRASOUND IN MEDICINE AND BXOLOGY Fowkr LLP Charterèj kcountsnts 4th Hoor Tultlon Fkjuse 27-37 St George¥ Road WIm￿edOn London SW19 4EU

THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY CONfENTS OF THE Fifw4CIAL StATEME1￿s FOR THE YEAR ENDED 31 DECEMBER 2021 Report ol th• Tru•te I to 4 Indo￿ndent Examln•r'• R•port stst•n•rt ol FlThJnd)l A¢tlvttlaB B)l•n￿ Shqet Ilotw to the Flnanthl St•t¢m•nts 8 to 14 D•t•ll•d Statement of Hn&nd•l ALtlvltlo• Is

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2021 The trustee5 present thelr re￿￿ with the flnanclal statements of the charty for the year ended 31 Decemter 2021. The trustees have adoptsl the prowsioA5 of AccountiThJ and Re￿rtIng by Chorltle5.' Staternent of Recommend8J Practtce appllcable to charftÈs preparing thelr ￿COUnts In accordan￿ ￿th the Flnanckll Rep)￿n9 Stsndard applicatle In the UK and Republic of IreL3nd (FRS 102) {effective l January 20191. OBJEcfivES AND Acri￿￿Es Objectives and alms EFSUMB'S oblectlves a￿ to: - wornote the $c￿n￿, the researth and thvelopment of ultra￿und M&Jlclne and Blokjgy and to put41sh the re>Jlts of research to pro￿ standords and to gfve advlce cOn￿mIng crfterla for opty.mum equlprnent and technIqL￿$ and cllnkal - to arrange congresses and study and developmert n￿￿ngS on an internatlonal levd both In and outstde Eur¢JFe by the member oryanisauons, indudlng or9anising, In co-OFwatbn w5th a I￿31 commlttee, a European or Worfd Congress for ultrasound In Medldne and Blokjgy IWFUMBI - to rewesent the Interests of Its membershlp In WFUMB a￿1 In any other Internathnal crfganlsatkjn whose purposes a con¥stert w6th those of EFSUMB. Publ1¢ bn•fit The trustees have compld wth the duty In sectS)n 17 of the Chartks Art 2011 to have due rtrjard to wbllc gUIdan￿ published by the Chailues COMMIS￿0￿. ACHIEVEMENT AND PEIIFORMANCE R••thrch •Ltlvltie• The last tsvdve months has seen the publtatlon of the followlng EFSUMB papers., l. GastrOlnte5￿￿al US Functbnal DI￿rderS Part 7 2. The EFSUMB ￿lderIneS and Recommendattons for Muxuloskeknl Uhrag)vnd - Part I: Extraartlcular Patholo9les 2021 3. The EFSUMB Guldellnes and Recommendotlons for Musculoskeletal Ultrasound - Part ll.. Jc4nt Pathol)gles, Paedlatrk )plkaYon5 and Gulded prO￿￿ureS 4. Polnt of Care Ultrasound IPOCUS) Guideilne5 Common I￿art & Pulmonary Arolcathns The folbwlng papers are work In progress for publlcatlon th 2022 l. Head and Neck Trainlng Recommendats)ns 2. Profe55k)nal Standards Ultrasound 3, Dynamic ￿Us Ultra￿Und 4, MultI￿rame1rIC Ultrasound Pa￿reaS1 L￿￿/Brea5v Thyrow Testls S•fety •tatwn•nts In US ECMUS Safety Commlttee has the onllne safety statements In 2021 and ts working on an audlocast of a Safety Presentatlon for download from the webslte abng w((h safety tutorfals In 2022. Contlnulng Medlcal Educatbn Safety AsFetts of Perfnatal ultras￿nd wos publlshed In ￿Us In 2021. The Comrnlttee15 weparfng a test Prac￿ gulddlne for safe lun9 uitrag)nography for wbltavon In 2022. Courses and c•ngr•sM• Tre EURoSc￿ 2021 congress planned for Mmlsoara, Romènia was PKJStp)ned to May 2022 however the Young Investlgator Ses9C￿ tc*)k plao as an onllne compdlbon. Not al Euro>Jn Schools were able to as ￿anned but some took pla￿ as a physical or as a hybrid rne2ting. The recordlng of the Mvnkh ￿U$ School L5 avalL4bie for free access on the EFSUMB webske. Onllne ¢ducatlon EFSUMB ha5 adapted to the pandemlc wlth all Committ￿ rn￿ng$ hdtd online and by offerfng nKJre wthnars. Some contlnue the trad￿on of Contrast Enhanced US weblnars and others promotin9 newty publlshed gukldlnes such as Musculoskdetsl, or guideJSnes in progress such as MultIparan￿￿C Utrasjund in the LNer and Small Parts.

TrIE EUROPEAN FEDERATION OF SOCIEllES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DEceMBER 2021 Coop¢ratkni wlth internatloftal oryni•tion and indu#ry The next EFSUMB congress wlll te hekl lolndy wlth the WFUMB aNJ the Rornani3n Na￿onal &clth congresses In 2022. The CO0￿rotIon agreement wth European Society of Rad)Icvv has ￿en rener4ed and a Jolnt ESRIEFSUMB sesshjn wlll be hdd In 2022. EFSUMB contlnues to coyrate sharlng Informatton on EFSUMB actfvitl¢s with Industry Partners thrwgh Its decbj repesentrtives to e￿OUrage final￿￿?1 ￿pport of wetAnars, congrew and school5. ContlnuSng impart of COVIDIg The pandemic has dlsrupted the phystil m￿ttng5 aThJ reduced EFSUMB'5 Income but thls has bn offset ty replaclng ph¥￿tal commlttee meevngs to onllne meetlngs. - EFSUMBs annual congre55 EUROSON 2021 Tlmlsoara, Romank is postp)ned to 2022 - The knock &Yect was to requlTe the date change of the planned EUROSON 2022 Rlga Latyla to 2023 . Of the planned Euroson Schools for 2021 elght were able to take pla￿ whlch is an lrnprovernent C￿ the three Schcds held In 2020. . Not all ol the pFanned Endorsed course5 were cancellej and 7 W0￿ed￿d ther as phy51cal meetlrrfJs or as onllne CoU￿S - All Cornrnntee meetlngs have L￿n hell onllne thereby offsethng any reductlon In Income frorn extemal events and at the same tlme protectlng all EFSUMB members wllh no contsrt. It Is SUII notlceoble that the Commlitees have rnet more fr4uendy and wlth greatw number part￿Patt0n wth onllne meetlngs - The web admlntstrator and General Secretary have contlnued worklng fiDm home. The EFSVMB websth, despfte the changes re5trlrt6ng some rnaterbl In a memters, only secuon, conynues to see incread vLsty numbers. EFSUMB utlllzwj ènd capitallzed on thSs Interert by offerlng rnore weblnars and wf(h Intemauonal IlTrks to safety Inf0rr￿￿t10n. IndI￿dUal members cortlnue to ￿g￿ up to access the webslte and benent from congress reglstrauon reductk)ns. The prospects for 2022 are styll uncertaln and It Is 5tt11 too earty to say ￿ the CQTrJFess and all SchoolslCourse5 wlll proceed as normal or wlll need to te swStched to or purety onllne rneetlngs. An Industrlal 8oaTd Meetlng has tsken pkitr In 2021 to encourage Industry to 5UPPOrt more weblnars In 2022 and futu￿ sch¢Jol recordlngs. FINANCIAL REVIEW Flnund¥41 p￿¢tIOn In 2021 EFSUMB made an annual surplus Inccffle of É29612020'. £44,468). Mernber5hlp at the end of 2021 totals 15,677 ￿th the vast malorlty from the 30 Nathjnal SoC*￿s and Ind￿Idual rnbershlp accountlng for 220. EFSUMB conunues to womote Schoo15 and Courses onllne for a grall fee and selllng Ind￿dUal chapters from the EFSUMB Course B￿k onllne. EFSUMB Is adjusting to the r&Juced Income by ￿COUragIng new Nauonal soC￿￿s and Indmdual members to fr)In and continulng to Use the strategles Impjsed by the pandemic gjth as use of onllne meedngs. The dlrert expendlture relatlng to the Soclety's actlvltles include the stable (virtual) offlo and webslte cots followed the 1.5 USD for eath EFSUMB rrernber pald to WFUMB. 2021 contlnues to see a slgnlfitant reductlon In costs for Sup￿rtIng EFSUMB C0Mrntt￿ rnee￿ngS and attendance at the EUROSON congress. All gulddlnes consensus rnee￿ngS have takn place onllne and wlth electronlc vollng. EFSUMB has Invested Income of approxlmatdy 150,000 GBP whlch is ￿￿1Valent to years admlnSstratSon costs. Thls reserye Is malntalned to ensure that the FtsJeratk)n can continue ft)r a fvrther three years U￿￿9 these funds to ￿tInue the work kn wgress and rthurture to a new sthawon W requlred. Resotrv¢$ poll¢y EFSLIMB holds assets of arWro￿Matefy 450,000 GBP whlch Is equlvalent to three years adrn1nlstrn￿on costs. ThLs reserye is maintained to ensure that the Federation tan continue for a further three years usThJ these funds to continue the work In prc¥Jross and restruLture to a new sltuatlon ff ￿quIred.

THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 FUTURE PLANS The plans for the f￿Ure Fer￿ include Con￿nuat￿n of Guklelines projeds, extendlng the P(￿5 wolect to other organs, mU￿.paraMetTic Imaglng of the ParKreas, Llw and Small Parts and updates of rther exlstlng guldelines. Increased onllne material wlll I￿ made available to mernters Includlng sd)LX)I recordings, y)rne free bLK)k chépters, sty statsments and Ex)￿On papers. The EUROSON 2022 congress will see EFSUMB lectures and sesslons In a phystal or onllne I￿et￿9 W It L4 not to prc(eed a5 a Fyskal rneetlng. srRucfuRE, GOVERNANCE AND MANAGEMENT Go¥ern•ng documert The char5ty Is controlled ty Its g¢)verning document, a thed of trust and consfjtutes an unlncorporated char5ty. OryanlatlonJl •truLture EFSUM8 Is governed by ts Consotutton whlch detemilnes the Strultu￿ of the Fede￿on and Is observed wth elethon5 held every ￿ years whlch were held electronlcally In 2021. Nominatbns a￿ reouest&l from all the member Natlonal Societles. In order to Increase the ctsuntry representatlon wlthln EFSUMB Cornm￿, mernbers are ctropt8J from Navonal Sodetles who have been unMCcts￿U1 In the elethon or who have llls that are requlred wlthln the Comrnlttees. On the Occa￿On of the 50th annlversary of EFSUMB a rewew of the Constitution Is underway In 2022 to COn￿der ways to Include IndlvSdual Members as commlttee members plus the Indlthn of affl113teJ gxtetles In and out￿de Europe and where the multhjlsciplinary wulrement is not fulfilled by Smaller hlghly whllty organlsadons. The Cornmlttee underto￿ng the revkw wlll re￿rt to the Board of Delegates at the next Board meeung. Declllon maklng The adrnlnlstratlve declslons are tsken by the E¥ecutfve Bureau wlth flve dected p)slUcfis, Presldent, Presklent El Past ￿?￿denL Honorary Secretary ènd Treasurer and co-opted memters. Specialist comrnittee5 exlst for Educatlon and Profes*onal Standards, Pu￿l￿allen$, Safety and Student Matters. Day to day admlnlstratjon Is carfed out by the Execu￿Ve Secretsry and a We￿te Admlnlstrator accountsble to the Executlve 8u￿U In accordance wlth the Consfjtuuon. The remunerallon of these workers Is the reft￿t of the Executlve Bureau and Is revlwed annualty in the context of slfflllar OFeratlng organlsatlons. The Web￿te admlnl#rntor Is cumyy wortJn9 on an App In 2022 for hostlng EFSUMB 9ulJellne5 to be freety do%ynloaded by all ultrasound user& fn the meantime, EFSUMB wlll w0￿￿)te tho IrnF¥)rtant guhddlnes for Induskjn In the Unltaj European Gastroenterobglsts IVEG) App. REFERENCE AND ADMINisfRATIVE DETAILS Reglrtered tharlty number 1016118 Prlnclpal addmm P O Box 72718 Wlmblethn London SW19 9HD Tru•te Prof Paul Sldhu London, UK Truth and past preskjert Arfan Llm Lon(kJn, UK Trustee and publlcatbns committee chalr Prof Cannel Moran Edinburgh, UK Trustee and safety commlttee memter

THE EUROPEAN FEDERATION OF SOCIEllES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRiJsfEES FOR THE YEAR ENDED 31 DKEMBER 2021 REFERENCE AND ADMINISTRATIVE DEfAILS Independont Ex•miner Hartley Fowkn LLP chart￿&1 Accountsnts 4th Fbor Tuition House 27-37 St George's Road WIm￿edOn London SW19 4EU FUNDS HELD AS CUSTODIAN FOR OTHERS EFSUMB Is the tsJ5tcA143n trustee for an enth)wment fund pn)vlded by the Fr&Kh Ultrag)und Sodeiy for a French Soc nomlThat8J Thérèse Plank)I letture to be lkl at a EUROSON Congress and 15 p￿ded to cover travel and accommodaty)n. The fund currently star¥Js at 3011 GBP. The annual ￿Us School held In Munlch, &rmany recelves the asslstsno of EFSUMB wth a fee to EFSUMB of I(￿) euro for bjmlnistratton to ralse sponsorship and relmburse ¥)eaker5. A b)L4nce Irom the 2021 School of 25,662,76 euro Is carfed fr>rwaTd to 2022 and held by EFSUMB as a re5trlcted fvnd lor the course organlsws Pwjl Dlrk aevert and Prof Hans-Peter W&kott. STATEMENT OF TRusfEES' RESPONSIBILfnES The trustse5 are respon￿b￿ for Prepa￿n9 the Report of the Truthe5 and the financlal ststements In accordance with applicable tsw and Unrted Klngdom Accountlng Standards IUnlt8J Klngdcrfn Generalty Accepted Accountlrrfj Practlce) Includlng Flnandal ReFOrtlng StaTrJard 102 Tr Flnandèl Rewtlng Standard applICab￿ In the UK and Republlc of Irek)nd" The th aOlcat4e to dwrliles In Enghnd and Wales, the a)arfNes kt 2011, Charlty (Accounts and Reports) Re￿￿tIOnS 2008 and the provisons of the trust deed requlres the trustee5 to Prepa￿ flnanclal ststements for each flnanclal year whlch gtye a tnje and falr vlew of the state of affalrs of the charlty and of the Incomln9 rex•urces and appllcatTon of resouros, Induding the Incorne and eX￿d[lure, of the ¢harlty for that pertoj. In prepèrtng Ih05e flnanckil tements, the trustees are rwuired to sekrt sukable accountlng pollcles and then apply them con515ts￿dy,. observe the methods and pr)ncIp￿S In the Charty SORP; m)ke judgements and estlmates that are reasonaNe and prudent,. prepare the flnandal #atements on the gv)Ing concem ba￿5 unless It Is InappYoprts to presume that the charfty wlll Con￿nUe in ￿SInesS. The trustees a￿ resp)nslble lor keepln9 proper accoundThJ records whlch dlsckise wlth reasonable accuracy at any tkne the fiTranclal pos￿0￿ of the charty and to enatle them to ensure that the flnanaal stotements cornply wlth the Charkks Act 2011, th Charfty (Accounts Repx)rt5) Regulatkjns 2008 and the provisNJn5 of the trust deed. They a￿ al respon￿ble safeguarding the asts of the charlty and hence for ta￿ng ￿a$¢fiable step5 for the prevention and d&ectlon of taud and other irregularitle5. AFfJroved l.f..fvit.y...2.P.%.&.... ￿gned on Its beha￿ by.. order of the b)ord of tr￿stee5 cn .. ........ . rfPSkJh . Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY Independent •xamlner' r•port to the lJuBte8B of The Europ•an Federation Of Socleti•B For Ultralound In Medicine And Blology I report to the charty tru#ees on my exarnlnatlon of the accounts of The European Federatkjn C Socledes For urtraxjund In Medldne AN1 Biology (the Twstl for the year end8J 31 December 2021. R¢sponsibilitie$ and baBi6 of r•port As the charlty trustees of the Trust you are ￿￿)nSIb￿ for the F¥yrdtbn of the accounts In accordance wth the reqwrements of the Charldes Art 2011 ('the ACV). T report In resFert of my exèmlnatlon of the Trusvs accounts carried out under S￿lI0n 145 of the Act aTrJ In Carr￿ng out my examlnatbn I have followed all appllcable Dir&tlon5 glven by the Charfty COMMI￿On under $￿tknn 145(SXbl of the Ind•p•nd•nt èxmin4H• •t•tsm¢nt I have compktsj my examlnatkjn. I confirm that no materlal matters have come to my attentk)n In connethon wth the examlnatlon glvlng me cau to belleve that In any materfal re5pett'. aco)untlng reccfds were not kept In resW of the Thtst as requlred ty s•on 130 of the Art; or the accounts do Tr>t accord wbth those records. or the accounts do not compty the a￿lcable requlrements concwnlng the form and content of accounts t out in the Charf(le5 (Accounts and Reports) Regulatlons 21108 other than any requ1￿ment that the accounts glve a true and falr whth Is not a m)tter conskJ¥ed as part of an Independent examlntition. I have no cOn￿mS and have come auoss no other matters in connecU¢rt wlth the examlnauon to whlch attentlon should be drawn In thls rewrt In ord& to enaile a proper understandlng of the accovnts to te reached. JDnatha Askew F Hordey Fowkr LLP Chartered A¢countsnts 4th Floor Tuition House 27-37 st f*Nge's Road Wlmbledon London SW19 4EU

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY STATEMEKf OF FINANCIAL ACTIVThIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 Totsl fuThls 2020 Totsl funds Unrestrthd Restrlcted fiJr fuThJ INCOME AND ENDOWMENTS FROM Dona￿on5 arnl legaaes 103,647 103,617 93,369 Ch•rii•lJle artivltl•i Generdl attivltles 1,036 Cther tr&Jlng xtMtle5 Investment Incorne 16,636 1,436 16,836 1,436 8,901 Trtal 121,919 121,919 105.089 EXPENDITURE ON Ch•rltsble actlvltl•s General acuvlt 119,064 119,C64 61,438 Net 9olnsl{lossesl on Investments 12,5591 (2,5S9} 817 NEf INCOME 296 RECONCILIATION OF FUNDS Totsl fund• brought forw•rd 443,460 3,011 446,471 402,D)3 TOTAL FUNDS CARRIED FORWARD 443,756 3,011 446,767 4146,471 The Th)Trsfm part of finandal slath￿ts

THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY BALANCE SHEEr 31 DECEMBER 2021 2021 Totsl fiJrKts 2020 Totsl funds fuN1 FIXED ASSErs Trnglble assets vestnnts io li 69,09S 69,095 71,654 69,463 72,144 Debtr)rs Cath at bank 12 4,873 421,007 4,873 424,018 3,011 421,6S3 425,880 3.011 428,891 427,699 CREDrroRS Arnounts fallln9 due thln one year 13 {51,587) (51,587) 153,372) NET CURRENT ASSETS 374,293 3,011 377,304 374,327 TOTAL ASSEfs LESS CURREKf LIABILITZES 443,756 3,011 446,767 446,471 NET ASSETS 443,756 3.011 446,767 446,471 FUNDS Unrestricted funds RertC￿l funds 14 443,756 3,011 443,460 3,011 TOTAL PUNDS 446,767 446,471 The nclal statements wtre approved ty the goard of Trustee5 ar￿ author1*d for 155ue on ..l.f.Plfi.Y.8•X... and were ￿gfied on ￿ behalf by: PmfPS hu- Trustee tes forn part ffnanckl siatemaits

ThE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS POR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES Basls of preparlng the flnand•l statements The finandal ststements of the d)anty, whlch 15 a publlc benefit entyty under FRS 102, have been pyepaid in cordano wlth the Charitles SORP IFRS 102) Accountlng and ReP)￿ng ty charit￿.. Stslement of Recommended Practke applicable to charitk5 preparSng thdr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ire￿nd {FRS 1021 leffth l January 20191,, Flnanclal Reportlng Standard 102 The Flnanclal Reportlng Stsndard appllcabte in the UK and Republlc of Ireland, and the Charltles Act 2011. The flnanckl #alements have been prepared ￿nder the hlstorical cost Conven￿On, wlth the exceFthn of Investrnents whlch are Included at market value, as rnodlfled by the revaluatlon of cettsbn assets. The p¥esentstk)n currency of the flnanclal stst￿ents1s the Pound SterflThJ l£}, Monetary amounts In the financlal ¥3twts ¥e rounded to the nearest Pound (£1. G¢lng concern The trustees con￿er that the￿ a￿ AO mèterfal uricertalndes a￿ut the charws abtllty to conllnue as a golng concern. In future years, the key ￿SkS to the Charity are a fall In In¢orne. The trustees have a ser￿S of measures to control, mlygats and mlnlmlse the effects of a fall In Incorne, Indtyjlrvj a prudent veserves polcy. Flnanclal reportlng standard 102- reduc•d dI￿￿￿re ￿emptIon• The charlty ha5 taken advantage ol the followlng dlsclosure exemptbns kn preparfng these flTrandal atements, as perM￿ted by FRS 102 The Flnandal Reportw standard appllcabk In the UK and Republk of Iiehnd,: the rqulrements of Sectyon 7 Ststement of Cath Fk)ws. I Income Is r£rognlsed In the Ststement of Finandal Actlvltles once the charlty has entitlement to the fund5, It Is kKobbble that the Income wlll be recew and the amount can be me)￿red rellably. Exp•n¢Ntyre Llab'lities ore recognlsed os exFendlture Bs 9)on as there b a legol or construrtlve obligatbn committtng the charfty to that expendtture, It Is probable that a tran￿ of econornlc benefts w1111 requlred In sdyernent and the amount of the obligatbn can be mea9JreAi rellably. Expendrture Is accounted fc¢ on an accruals ba￿S and has b￿n classffied under headlngs that agjregate all cost rekted to the category. Where costs connot be dI￿dY attrlbutsJ to partlcular headlngs they have been allocated to aCt￿ltIeS on a basls conslstert wlth the use of reg)urces. Tanglbl• fixed as••ts Depredatk)n 15 pro¥ldaJ at the following annual ratrs In order to wrSte off each asset over Its e￿rnat￿j ufvl Ccfflputer equlprrtht 25% on reiiudng balar Flxed Inbwtments Llth fjnvest￿￿nts are Inf(lally recognlsed at transactlon prf￿ and subsequently rneasu￿ at fair value wth reference to market value. Both realid and unreallsed galns are rLrcJnlsed In the statement of flnandal actlvlttes. ForeSgn ¢utren¢ie Assets and liats'lityes In forelgTr currer￿leS are tran￿ated Into sterfing at the rates of exchange rullng at the balan￿ Sheet date. TransKtiOll5 in forev4n currendes a￿ tran5LsJ into sterflng at the Rte of exchange njllng at the dats of trnnsathon. Exchange d￿feren￿ are recoJni5ed In expendthre on chartsbk actfvitle5 In the rtement of flnancial èttimties. T•ution The tharity15 exempt fnyn tsx its charftable aLlfvityes. Fund awounting Unregrlcted funds can te used Sn ac￿r￿an￿ with the tharitable obiectfves at the dixrdl)n of ￿ tr￿.

THE EUROPEAN FEDERAllON OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POUCIES- contlnu Fund aco)untlnq Restrict￿ funds can only be used for parUculat restrlrted purposes wthln the obJ¥ts of the tharlty. Re#rkYons art5e when SPLrifd by the donor or when funds a￿ rats￿ for partkular restrtted purposes. Further ewanation of the natu￿ and wrF#Jse of each lund is includej in the ncte5 to the financial at8Wts. Financial In8truments The charlty only has flnanchl Instruments of a klnd that qualfy as bac flnarKkg1 Inslnjments. Wc financlal Instrurnents are Inlvally recognlsed at transaLllon value and Subsequent￿ measured at thelr SetdeM￿ value. C••h •t b•nk Cath at bank Inc1L￿e$ bank dEpos￿S and short term hlghly I￿uld Investments wlth a thjrt maturlty of three months or le55 from the d&e of acqulsitlon or Op￿Ing of the deWt or sSmllar accourt. Trade and otlr debtors are rwnksed at the settlement aft￿unt due. Prepayments a￿ rffogn15ed at the Involced cost prepald. Cr•dltor• Credltors are recoJn15ed when the charfty has a present oblt5on resuf(Ing from ) pa# event that vlll ¢¥oba￿y resuts In the transfer of funds to a thlrd party and the amount due to settk the oWlJatk)n can be ffa9Jred or e5Yrnat8J rella￿y. cred￿OrS are nomially rttognised at the $ettkn￿nt arnount. DONAnONS AND LEGACIES 2021 2020 Subxrtpwons 103,647 93,369 OTHER TRADING ACTIVITIES 2021 2020 EUro￿n xhocls, conorew and slmllar CEUS Income 5,552 11,284 5,855 3,046 16,836 8,901 INVESTMENT It4COME 2021 2020 rnvestment Income De￿t account Interest 1,428 1,713 70 1.436 1.783

THE EUROPEAN FEDERAnON OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnuwl FOR THE YEAR ENDED 31 DECEMBER 2021 Support costs (see note 6) Dlrect Costs Totsls neral aC￿￿treS ,963 20,101 119,064 SUPPORT COSTS Governar Costs Flnan Totals General 17.899 2,202 20,101 Induded In Governonce costs are fees {Includlng Irr&oVern￿e VAn ts the Independent ￿m1fter of El,020 12020'.É1,0201 for the Independent eAamlnatl)n and £96012020:£960) for accountsncy SupyJrt costs, indud8J In the above, a￿ as folbws: Fln•nc• 2021 General 2020 Total actlvltles Bank charges L055llgaln) on I￿19n e¥change 503 17,3% 498 116,327) 17,899 115,829) TRiISTEES' REMUNERATION AND BENEFirs There were no trusiee5' remuneratknn CK other beneffts for the year end&J 31 t>ecernter 2021 nor for the yfftr ended 31 Decem￿￿ 2020. Trurt•••' ￿pen￿• trust￿ were relmburs&J a tofal of £37812020 - £101) for expense5 Incurred on tehalf of the charlty. The average mnthly numter of emptoyees durfng the year Was a5 folkM.' 2021 2020 Suprort staff No ern￿OyeeS wn0lurn￿rtS In excess of £60,000. -io-

THE EUROPEAN FEDERATION OF SOCZErtES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR ThE YEAR ENDED 31 DECEMBER 2021 COMPARATIVES FOR THE sfATEMENf OF FINAIICIAL AcnvrriES Unrestricted Restricte fund fund Totsl funds INCOME AND ENDOWMENTS FROM Donatlons and ￿a¢le$ 93,369 93,369 th•rltsble artlvltleB r￿ftern1 actwities 1,036 1,036 other trnding actiwttes Inves￿nt Income 8,901 1,783 8,901 1,783 Total 105,089 105,¢)89 EXPE14DITURE (IN Charltable acilvlll General 61,438 61,438 Net galrs on Investments 817 817 NEf INCOME 44,468 44,468 RECONCIUA710N OF FUNOS Totsl fund• lyought ton￿rd s prevlouly report& Prlor year adlustsnert 385,259 13.733 3.011 388,270 13,733 398,992 3,011 402,003 TOTAL HINDS CARRIED FORWARD 443,460 3,011 446,471 10. TANGIBLE FIXED ASSErs Computer equlpment At l January 2021 and 31 DecuniEr 2021 24,230 DEPRECIATION At l January 2021 Charge for year 23,740 122 At 31 DKemter 2021 23,86Z MET BOOK VALUE At 31 t)eCem￿r 2021 At 31 December 2020 490 .Li-

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnu FOR THE YEAR EMDED 31 DECEMBER 2021 IL FIXED ASSET INVEsfMENTS Llsted Invthents MARKET VALUE At l January 2021 Revaluation5 71,6 (2,5S9) At 31 c￿mb¥ 2021 69,095 14Ef BOOK VALUE At 31 De￿rnbel 2021 69,095 At 31 c￿rnber 2020 71,654 I Investments are hdd In the M&G Charfty)nd cha￿￿e$ Flxed Intsrest Fund. Cost ￿ valuatt•n at 31 December 202115 represented by.. Llsted Investments Valuatlon in 2021 12,559) 71,654 69,095 11 DEBTOR&. Amouiifs FALLING DUE wmiiN OMÈ YEAR 2021 2020 Trade debtors Cther debtots 4,873 4,293 1,753 4,873 i& aiEDTfoRS: AMOUNTS FALLING DUE wmiiN ONE YEAR 2021 2020 Other ¢xèJknrs Accnwls and ￿ferred Income 26,124 25,463 28,569 24,803 51,587 53,372 Fund• held •• apents Includ&l In other credltors Is É25,184 relating to funds hdd as a9￿. The annual CEUS Schwl hek1 In Munlch, Germany r￿elVeS the Involced as￿stance of EFSUMB adrnlnlsiratyon tr) ralse spons)rshlp and rdmburse speake to￿n￿ carrled forward to 2022 15 hehj by EFSUMB a5 a fund for the Course OTgan55ers.. The in funds held a5 agents duriThJ the were a5 follows.. 2021 31,610 27,902 (31,64n £ 2021 28,569 24,143 (26,956) (572) Balance Lyought forward Income Expendibjre Year end forelgn ajrrency tran4atio 27,865 25,184 -12-

THE EUROPEAf4 FEDERA￿ON OF SOCIEfIES FOR ULTRASOUND ZN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2021 13, CREDITORS: AMOUNTS FALLING DUE WtrHIN ONE YEAR- ¢ortinued 14 MOVEMENT 114 FUNDS movement In funds At IlV21 31112121 Unre•trlct•d fvnds General fund 443,460 296 443,7% R•#yl¢t•d fund• Therese Aanlol FuThJ 3,011 3,011 TOTAL FUNDS 446,471 296 446,767 Net nw)vement In funds, Induded In the atove are as folbws.. Incoming resources Resources expend&J Galns arn losses Movement In funds General fvnd 121,919 1119,064) (2,559) TOTAL FUNDS 121,919 {119,064} {2,559) 296 Comparntlbyo for mov•m•nt In fund• Prlor Net movement In funds At 31112120 At 1/1120 adjustment Unr••trlrtod fund• General fund 385,259 13,733 443,460 R••trf(t¢d fund• There* Planlol Fund 3,011 3,011 TOTAL FUNDS 386,270 13,733 44,468 446,471 Cornparatfve net movement In funds induded In the above are as follows: Ino)ming re50urce5 Resour Galns and 105ses Movement In funds Unrestrlrt¢d fund$ General fund 105,fJ89 {61,438) 817 44,468 TOTAL FUNDS 105,089 161.4381 817 44,468 -13-

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMEfws- continu FOA THE YEAR ENDED 31 DECEMBER 2021 I& MOVEMENT IN FUNDS- conilnuod The ThL*èse Plinbl fund 15 Lry the French Uthsound Sodety for a REnch Sockty nominated Thérèse Plank)I leth￿ to te held at a EUROSON Congress and Is w0vb￿l to cover travel and xcommodadon co#s, RELATED PARTY DISCLOSURES There wtre rekited party transathons for the year ended 31 Dec￿n￿r 2021. -i+

REGISTERED CHARrrY NUMBEL. 1016118 REPORT OF THE TRUSTEES AND FINANCIAL STATEMEiirs FOR THE YEAR ENDED 31 DECEMBER 2021 FOR THE EUROPEAN FEOERATIOM OF SOCIÉTIES FOR ULTRASOUND IN MEDICINE AND BXOLOGY Fowkr LLP Charterèj kcountsnts 4th Hoor Tultlon Fkjuse 27-37 St George¥ Road WIm￿edOn London SW19 4EU

THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY CONfENTS OF THE Fifw4CIAL StATEME1￿s FOR THE YEAR ENDED 31 DECEMBER 2021 Report ol th• Tru•te I to 4 Indo￿ndent Examln•r'• R•port stst•n•rt ol FlThJnd)l A¢tlvttlaB B)l•n￿ Shqet Ilotw to the Flnanthl St•t¢m•nts 8 to 14 D•t•ll•d Statement of Hn&nd•l ALtlvltlo• Is

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2021 The trustee5 present thelr re￿￿ with the flnanclal statements of the charty for the year ended 31 Decemter 2021. The trustees have adoptsl the prowsioA5 of AccountiThJ and Re￿rtIng by Chorltle5.' Staternent of Recommend8J Practtce appllcable to charftÈs preparing thelr ￿COUnts In accordan￿ ￿th the Flnanckll Rep)￿n9 Stsndard applicatle In the UK and Republic of IreL3nd (FRS 102) {effective l January 20191. OBJEcfivES AND Acri￿￿Es Objectives and alms EFSUMB'S oblectlves a￿ to: - wornote the $c￿n￿, the researth and thvelopment of ultra￿und M&Jlclne and Blokjgy and to put41sh the re>Jlts of research to pro￿ standords and to gfve advlce cOn￿mIng crfterla for opty.mum equlprnent and technIqL￿$ and cllnkal - to arrange congresses and study and developmert n￿￿ngS on an internatlonal levd both In and outstde Eur¢JFe by the member oryanisauons, indudlng or9anising, In co-OFwatbn w5th a I￿31 commlttee, a European or Worfd Congress for ultrasound In Medldne and Blokjgy IWFUMBI - to rewesent the Interests of Its membershlp In WFUMB a￿1 In any other Internathnal crfganlsatkjn whose purposes a con¥stert w6th those of EFSUMB. Publ1¢ bn•fit The trustees have compld wth the duty In sectS)n 17 of the Chartks Art 2011 to have due rtrjard to wbllc gUIdan￿ published by the Chailues COMMIS￿0￿. ACHIEVEMENT AND PEIIFORMANCE R••thrch •Ltlvltie• The last tsvdve months has seen the publtatlon of the followlng EFSUMB papers., l. GastrOlnte5￿￿al US Functbnal DI￿rderS Part 7 2. The EFSUMB ￿lderIneS and Recommendattons for Muxuloskeknl Uhrag)vnd - Part I: Extraartlcular Patholo9les 2021 3. The EFSUMB Guldellnes and Recommendotlons for Musculoskeletal Ultrasound - Part ll.. Jc4nt Pathol)gles, Paedlatrk )plkaYon5 and Gulded prO￿￿ureS 4. Polnt of Care Ultrasound IPOCUS) Guideilne5 Common I￿art & Pulmonary Arolcathns The folbwlng papers are work In progress for publlcatlon th 2022 l. Head and Neck Trainlng Recommendats)ns 2. Profe55k)nal Standards Ultrasound 3, Dynamic ￿Us Ultra￿Und 4, MultI￿rame1rIC Ultrasound Pa￿reaS1 L￿￿/Brea5v Thyrow Testls S•fety •tatwn•nts In US ECMUS Safety Commlttee has the onllne safety statements In 2021 and ts working on an audlocast of a Safety Presentatlon for download from the webslte abng w((h safety tutorfals In 2022. Contlnulng Medlcal Educatbn Safety AsFetts of Perfnatal ultras￿nd wos publlshed In ￿Us In 2021. The Comrnlttee15 weparfng a test Prac￿ gulddlne for safe lun9 uitrag)nography for wbltavon In 2022. Courses and c•ngr•sM• Tre EURoSc￿ 2021 congress planned for Mmlsoara, Romènia was PKJStp)ned to May 2022 however the Young Investlgator Ses9C￿ tc*)k plao as an onllne compdlbon. Not al Euro>Jn Schools were able to as ￿anned but some took pla￿ as a physical or as a hybrid rne2ting. The recordlng of the Mvnkh ￿U$ School L5 avalL4bie for free access on the EFSUMB webske. Onllne ¢ducatlon EFSUMB ha5 adapted to the pandemlc wlth all Committ￿ rn￿ng$ hdtd online and by offerfng nKJre wthnars. Some contlnue the trad￿on of Contrast Enhanced US weblnars and others promotin9 newty publlshed gukldlnes such as Musculoskdetsl, or guideJSnes in progress such as MultIparan￿￿C Utrasjund in the LNer and Small Parts.

TrIE EUROPEAN FEDERATION OF SOCIEllES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DEceMBER 2021 Coop¢ratkni wlth internatloftal oryni•tion and indu#ry The next EFSUMB congress wlll te hekl lolndy wlth the WFUMB aNJ the Rornani3n Na￿onal &clth congresses In 2022. The CO0￿rotIon agreement wth European Society of Rad)Icvv has ￿en rener4ed and a Jolnt ESRIEFSUMB sesshjn wlll be hdd In 2022. EFSUMB contlnues to coyrate sharlng Informatton on EFSUMB actfvitl¢s with Industry Partners thrwgh Its decbj repesentrtives to e￿OUrage final￿￿?1 ￿pport of wetAnars, congrew and school5. ContlnuSng impart of COVIDIg The pandemic has dlsrupted the phystil m￿ttng5 aThJ reduced EFSUMB'5 Income but thls has bn offset ty replaclng ph¥￿tal commlttee meevngs to onllne meetlngs. - EFSUMBs annual congre55 EUROSON 2021 Tlmlsoara, Romank is postp)ned to 2022 - The knock &Yect was to requlTe the date change of the planned EUROSON 2022 Rlga Latyla to 2023 . Of the planned Euroson Schools for 2021 elght were able to take pla￿ whlch is an lrnprovernent C￿ the three Schcds held In 2020. . Not all ol the pFanned Endorsed course5 were cancellej and 7 W0￿ed￿d ther as phy51cal meetlrrfJs or as onllne CoU￿S - All Cornrnntee meetlngs have L￿n hell onllne thereby offsethng any reductlon In Income frorn extemal events and at the same tlme protectlng all EFSUMB members wllh no contsrt. It Is SUII notlceoble that the Commlitees have rnet more fr4uendy and wlth greatw number part￿Patt0n wth onllne meetlngs - The web admlntstrator and General Secretary have contlnued worklng fiDm home. The EFSVMB websth, despfte the changes re5trlrt6ng some rnaterbl In a memters, only secuon, conynues to see incread vLsty numbers. EFSUMB utlllzwj ènd capitallzed on thSs Interert by offerlng rnore weblnars and wf(h Intemauonal IlTrks to safety Inf0rr￿￿t10n. IndI￿dUal members cortlnue to ￿g￿ up to access the webslte and benent from congress reglstrauon reductk)ns. The prospects for 2022 are styll uncertaln and It Is 5tt11 too earty to say ￿ the CQTrJFess and all SchoolslCourse5 wlll proceed as normal or wlll need to te swStched to or purety onllne rneetlngs. An Industrlal 8oaTd Meetlng has tsken pkitr In 2021 to encourage Industry to 5UPPOrt more weblnars In 2022 and futu￿ sch¢Jol recordlngs. FINANCIAL REVIEW Flnund¥41 p￿¢tIOn In 2021 EFSUMB made an annual surplus Inccffle of É29612020'. £44,468). Mernber5hlp at the end of 2021 totals 15,677 ￿th the vast malorlty from the 30 Nathjnal SoC*￿s and Ind￿Idual rnbershlp accountlng for 220. EFSUMB conunues to womote Schoo15 and Courses onllne for a grall fee and selllng Ind￿dUal chapters from the EFSUMB Course B￿k onllne. EFSUMB Is adjusting to the r&Juced Income by ￿COUragIng new Nauonal soC￿￿s and Indmdual members to fr)In and continulng to Use the strategles Impjsed by the pandemic gjth as use of onllne meedngs. The dlrert expendlture relatlng to the Soclety's actlvltles include the stable (virtual) offlo and webslte cots followed the 1.5 USD for eath EFSUMB rrernber pald to WFUMB. 2021 contlnues to see a slgnlfitant reductlon In costs for Sup￿rtIng EFSUMB C0Mrntt￿ rnee￿ngS and attendance at the EUROSON congress. All gulddlnes consensus rnee￿ngS have takn place onllne and wlth electronlc vollng. EFSUMB has Invested Income of approxlmatdy 150,000 GBP whlch is ￿￿1Valent to years admlnSstratSon costs. Thls reserye Is malntalned to ensure that the FtsJeratk)n can continue ft)r a fvrther three years U￿￿9 these funds to ￿tInue the work kn wgress and rthurture to a new sthawon W requlred. Resotrv¢$ poll¢y EFSLIMB holds assets of arWro￿Matefy 450,000 GBP whlch Is equlvalent to three years adrn1nlstrn￿on costs. ThLs reserye is maintained to ensure that the Federation tan continue for a further three years usThJ these funds to continue the work In prc¥Jross and restruLture to a new sltuatlon ff ￿quIred.

THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 FUTURE PLANS The plans for the f￿Ure Fer￿ include Con￿nuat￿n of Guklelines projeds, extendlng the P(￿5 wolect to other organs, mU￿.paraMetTic Imaglng of the ParKreas, Llw and Small Parts and updates of rther exlstlng guldelines. Increased onllne material wlll I￿ made available to mernters Includlng sd)LX)I recordings, y)rne free bLK)k chépters, sty statsments and Ex)￿On papers. The EUROSON 2022 congress will see EFSUMB lectures and sesslons In a phystal or onllne I￿et￿9 W It L4 not to prc(eed a5 a Fyskal rneetlng. srRucfuRE, GOVERNANCE AND MANAGEMENT Go¥ern•ng documert The char5ty Is controlled ty Its g¢)verning document, a thed of trust and consfjtutes an unlncorporated char5ty. OryanlatlonJl •truLture EFSUM8 Is governed by ts Consotutton whlch detemilnes the Strultu￿ of the Fede￿on and Is observed wth elethon5 held every ￿ years whlch were held electronlcally In 2021. Nominatbns a￿ reouest&l from all the member Natlonal Societles. In order to Increase the ctsuntry representatlon wlthln EFSUMB Cornm￿, mernbers are ctropt8J from Navonal Sodetles who have been unMCcts￿U1 In the elethon or who have llls that are requlred wlthln the Comrnlttees. On the Occa￿On of the 50th annlversary of EFSUMB a rewew of the Constitution Is underway In 2022 to COn￿der ways to Include IndlvSdual Members as commlttee members plus the Indlthn of affl113teJ gxtetles In and out￿de Europe and where the multhjlsciplinary wulrement is not fulfilled by Smaller hlghly whllty organlsadons. The Cornmlttee underto￿ng the revkw wlll re￿rt to the Board of Delegates at the next Board meeung. Declllon maklng The adrnlnlstratlve declslons are tsken by the E¥ecutfve Bureau wlth flve dected p)slUcfis, Presldent, Presklent El Past ￿?￿denL Honorary Secretary ènd Treasurer and co-opted memters. Specialist comrnittee5 exlst for Educatlon and Profes*onal Standards, Pu￿l￿allen$, Safety and Student Matters. Day to day admlnlstratjon Is carfed out by the Execu￿Ve Secretsry and a We￿te Admlnlstrator accountsble to the Executlve 8u￿U In accordance wlth the Consfjtuuon. The remunerallon of these workers Is the reft￿t of the Executlve Bureau and Is revlwed annualty in the context of slfflllar OFeratlng organlsatlons. The Web￿te admlnl#rntor Is cumyy wortJn9 on an App In 2022 for hostlng EFSUMB 9ulJellne5 to be freety do%ynloaded by all ultrasound user& fn the meantime, EFSUMB wlll w0￿￿)te tho IrnF¥)rtant guhddlnes for Induskjn In the Unltaj European Gastroenterobglsts IVEG) App. REFERENCE AND ADMINisfRATIVE DETAILS Reglrtered tharlty number 1016118 Prlnclpal addmm P O Box 72718 Wlmblethn London SW19 9HD Tru•te Prof Paul Sldhu London, UK Truth and past preskjert Arfan Llm Lon(kJn, UK Trustee and publlcatbns committee chalr Prof Cannel Moran Edinburgh, UK Trustee and safety commlttee memter

THE EUROPEAN FEDERATION OF SOCIEllES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRiJsfEES FOR THE YEAR ENDED 31 DKEMBER 2021 REFERENCE AND ADMINISTRATIVE DEfAILS Independont Ex•miner Hartley Fowkn LLP chart￿&1 Accountsnts 4th Fbor Tuition House 27-37 St George's Road WIm￿edOn London SW19 4EU FUNDS HELD AS CUSTODIAN FOR OTHERS EFSUMB Is the tsJ5tcA143n trustee for an enth)wment fund pn)vlded by the Fr&Kh Ultrag)und Sodeiy for a French Soc nomlThat8J Thérèse Plank)I letture to be lkl at a EUROSON Congress and 15 p￿ded to cover travel and accommodaty)n. The fund currently star¥Js at 3011 GBP. The annual ￿Us School held In Munlch, &rmany recelves the asslstsno of EFSUMB wth a fee to EFSUMB of I(￿) euro for bjmlnistratton to ralse sponsorship and relmburse ¥)eaker5. A b)L4nce Irom the 2021 School of 25,662,76 euro Is carfed fr>rwaTd to 2022 and held by EFSUMB as a re5trlcted fvnd lor the course organlsws Pwjl Dlrk aevert and Prof Hans-Peter W&kott. STATEMENT OF TRusfEES' RESPONSIBILfnES The trustse5 are respon￿b￿ for Prepa￿n9 the Report of the Truthe5 and the financlal ststements In accordance with applicable tsw and Unrted Klngdom Accountlng Standards IUnlt8J Klngdcrfn Generalty Accepted Accountlrrfj Practlce) Includlng Flnandal ReFOrtlng StaTrJard 102 Tr Flnandèl Rewtlng Standard applICab￿ In the UK and Republlc of Irek)nd" The th aOlcat4e to dwrliles In Enghnd and Wales, the a)arfNes kt 2011, Charlty (Accounts and Reports) Re￿￿tIOnS 2008 and the provisons of the trust deed requlres the trustee5 to Prepa￿ flnanclal ststements for each flnanclal year whlch gtye a tnje and falr vlew of the state of affalrs of the charlty and of the Incomln9 rex•urces and appllcatTon of resouros, Induding the Incorne and eX￿d[lure, of the ¢harlty for that pertoj. In prepèrtng Ih05e flnanckil tements, the trustees are rwuired to sekrt sukable accountlng pollcles and then apply them con515ts￿dy,. observe the methods and pr)ncIp￿S In the Charty SORP; m)ke judgements and estlmates that are reasonaNe and prudent,. prepare the flnandal #atements on the gv)Ing concem ba￿5 unless It Is InappYoprts to presume that the charfty wlll Con￿nUe in ￿SInesS. The trustees a￿ resp)nslble lor keepln9 proper accoundThJ records whlch dlsckise wlth reasonable accuracy at any tkne the fiTranclal pos￿0￿ of the charty and to enatle them to ensure that the flnanaal stotements cornply wlth the Charkks Act 2011, th Charfty (Accounts Repx)rt5) Regulatkjns 2008 and the provisNJn5 of the trust deed. They a￿ al respon￿ble safeguarding the asts of the charlty and hence for ta￿ng ￿a$¢fiable step5 for the prevention and d&ectlon of taud and other irregularitle5. AFfJroved l.f..fvit.y...2.P.%.&.... ￿gned on Its beha￿ by.. order of the b)ord of tr￿stee5 cn .. ........ . rfPSkJh . Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY Independent •xamlner' r•port to the lJuBte8B of The Europ•an Federation Of Socleti•B For Ultralound In Medicine And Blology I report to the charty tru#ees on my exarnlnatlon of the accounts of The European Federatkjn C Socledes For urtraxjund In Medldne AN1 Biology (the Twstl for the year end8J 31 December 2021. R¢sponsibilitie$ and baBi6 of r•port As the charlty trustees of the Trust you are ￿￿)nSIb￿ for the F¥yrdtbn of the accounts In accordance wth the reqwrements of the Charldes Art 2011 ('the ACV). T report In resFert of my exèmlnatlon of the Trusvs accounts carried out under S￿lI0n 145 of the Act aTrJ In Carr￿ng out my examlnatbn I have followed all appllcable Dir&tlon5 glven by the Charfty COMMI￿On under $￿tknn 145(SXbl of the Ind•p•nd•nt èxmin4H• •t•tsm¢nt I have compktsj my examlnatkjn. I confirm that no materlal matters have come to my attentk)n In connethon wth the examlnatlon glvlng me cau to belleve that In any materfal re5pett'. aco)untlng reccfds were not kept In resW of the Thtst as requlred ty s•on 130 of the Art; or the accounts do Tr>t accord wbth those records. or the accounts do not compty the a￿lcable requlrements concwnlng the form and content of accounts t out in the Charf(le5 (Accounts and Reports) Regulatlons 21108 other than any requ1￿ment that the accounts glve a true and falr whth Is not a m)tter conskJ¥ed as part of an Independent examlntition. I have no cOn￿mS and have come auoss no other matters in connecU¢rt wlth the examlnauon to whlch attentlon should be drawn In thls rewrt In ord& to enaile a proper understandlng of the accovnts to te reached. JDnatha Askew F Hordey Fowkr LLP Chartered A¢countsnts 4th Floor Tuition House 27-37 st f*Nge's Road Wlmbledon London SW19 4EU

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY STATEMEKf OF FINANCIAL ACTIVThIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 Totsl fuThls 2020 Totsl funds Unrestrthd Restrlcted fiJr fuThJ INCOME AND ENDOWMENTS FROM Dona￿on5 arnl legaaes 103,647 103,617 93,369 Ch•rii•lJle artivltl•i Generdl attivltles 1,036 Cther tr&Jlng xtMtle5 Investment Incorne 16,636 1,436 16,836 1,436 8,901 Trtal 121,919 121,919 105.089 EXPENDITURE ON Ch•rltsble actlvltl•s General acuvlt 119,064 119,C64 61,438 Net 9olnsl{lossesl on Investments 12,5591 (2,5S9} 817 NEf INCOME 296 RECONCILIATION OF FUNDS Totsl fund• brought forw•rd 443,460 3,011 446,471 402,D)3 TOTAL FUNDS CARRIED FORWARD 443,756 3,011 446,767 4146,471 The Th)Trsfm part of finandal slath￿ts

THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY BALANCE SHEEr 31 DECEMBER 2021 2021 Totsl fiJrKts 2020 Totsl funds fuN1 FIXED ASSErs Trnglble assets vestnnts io li 69,09S 69,095 71,654 69,463 72,144 Debtr)rs Cath at bank 12 4,873 421,007 4,873 424,018 3,011 421,6S3 425,880 3.011 428,891 427,699 CREDrroRS Arnounts fallln9 due thln one year 13 {51,587) (51,587) 153,372) NET CURRENT ASSETS 374,293 3,011 377,304 374,327 TOTAL ASSEfs LESS CURREKf LIABILITZES 443,756 3,011 446,767 446,471 NET ASSETS 443,756 3.011 446,767 446,471 FUNDS Unrestricted funds RertC￿l funds 14 443,756 3,011 443,460 3,011 TOTAL PUNDS 446,767 446,471 The nclal statements wtre approved ty the goard of Trustee5 ar￿ author1*d for 155ue on ..l.f.Plfi.Y.8•X... and were ￿gfied on ￿ behalf by: PmfPS hu- Trustee tes forn part ffnanckl siatemaits

ThE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS POR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES Basls of preparlng the flnand•l statements The finandal ststements of the d)anty, whlch 15 a publlc benefit entyty under FRS 102, have been pyepaid in cordano wlth the Charitles SORP IFRS 102) Accountlng and ReP)￿ng ty charit￿.. Stslement of Recommended Practke applicable to charitk5 preparSng thdr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ire￿nd {FRS 1021 leffth l January 20191,, Flnanclal Reportlng Standard 102 The Flnanclal Reportlng Stsndard appllcabte in the UK and Republlc of Ireland, and the Charltles Act 2011. The flnanckl #alements have been prepared ￿nder the hlstorical cost Conven￿On, wlth the exceFthn of Investrnents whlch are Included at market value, as rnodlfled by the revaluatlon of cettsbn assets. The p¥esentstk)n currency of the flnanclal stst￿ents1s the Pound SterflThJ l£}, Monetary amounts In the financlal ¥3twts ¥e rounded to the nearest Pound (£1. G¢lng concern The trustees con￿er that the￿ a￿ AO mèterfal uricertalndes a￿ut the charws abtllty to conllnue as a golng concern. In future years, the key ￿SkS to the Charity are a fall In In¢orne. The trustees have a ser￿S of measures to control, mlygats and mlnlmlse the effects of a fall In Incorne, Indtyjlrvj a prudent veserves polcy. Flnanclal reportlng standard 102- reduc•d dI￿￿￿re ￿emptIon• The charlty ha5 taken advantage ol the followlng dlsclosure exemptbns kn preparfng these flTrandal atements, as perM￿ted by FRS 102 The Flnandal Reportw standard appllcabk In the UK and Republk of Iiehnd,: the rqulrements of Sectyon 7 Ststement of Cath Fk)ws. I Income Is r£rognlsed In the Ststement of Finandal Actlvltles once the charlty has entitlement to the fund5, It Is kKobbble that the Income wlll be recew and the amount can be me)￿red rellably. Exp•n¢Ntyre Llab'lities ore recognlsed os exFendlture Bs 9)on as there b a legol or construrtlve obligatbn committtng the charfty to that expendtture, It Is probable that a tran￿ of econornlc benefts w1111 requlred In sdyernent and the amount of the obligatbn can be mea9JreAi rellably. Expendrture Is accounted fc¢ on an accruals ba￿S and has b￿n classffied under headlngs that agjregate all cost rekted to the category. Where costs connot be dI￿dY attrlbutsJ to partlcular headlngs they have been allocated to aCt￿ltIeS on a basls conslstert wlth the use of reg)urces. Tanglbl• fixed as••ts Depredatk)n 15 pro¥ldaJ at the following annual ratrs In order to wrSte off each asset over Its e￿rnat￿j ufvl Ccfflputer equlprrtht 25% on reiiudng balar Flxed Inbwtments Llth fjnvest￿￿nts are Inf(lally recognlsed at transactlon prf￿ and subsequently rneasu￿ at fair value wth reference to market value. Both realid and unreallsed galns are rLrcJnlsed In the statement of flnandal actlvlttes. ForeSgn ¢utren¢ie Assets and liats'lityes In forelgTr currer￿leS are tran￿ated Into sterfing at the rates of exchange rullng at the balan￿ Sheet date. TransKtiOll5 in forev4n currendes a￿ tran5LsJ into sterflng at the Rte of exchange njllng at the dats of trnnsathon. Exchange d￿feren￿ are recoJni5ed In expendthre on chartsbk actfvitle5 In the rtement of flnancial èttimties. T•ution The tharity15 exempt fnyn tsx its charftable aLlfvityes. Fund awounting Unregrlcted funds can te used Sn ac￿r￿an￿ with the tharitable obiectfves at the dixrdl)n of ￿ tr￿.

THE EUROPEAN FEDERAllON OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POUCIES- contlnu Fund aco)untlnq Restrict￿ funds can only be used for parUculat restrlrted purposes wthln the obJ¥ts of the tharlty. Re#rkYons art5e when SPLrifd by the donor or when funds a￿ rats￿ for partkular restrtted purposes. Further ewanation of the natu￿ and wrF#Jse of each lund is includej in the ncte5 to the financial at8Wts. Financial In8truments The charlty only has flnanchl Instruments of a klnd that qualfy as bac flnarKkg1 Inslnjments. Wc financlal Instrurnents are Inlvally recognlsed at transaLllon value and Subsequent￿ measured at thelr SetdeM￿ value. C••h •t b•nk Cath at bank Inc1L￿e$ bank dEpos￿S and short term hlghly I￿uld Investments wlth a thjrt maturlty of three months or le55 from the d&e of acqulsitlon or Op￿Ing of the deWt or sSmllar accourt. Trade and otlr debtors are rwnksed at the settlement aft￿unt due. Prepayments a￿ rffogn15ed at the Involced cost prepald. Cr•dltor• Credltors are recoJn15ed when the charfty has a present oblt5on resuf(Ing from ) pa# event that vlll ¢¥oba￿y resuts In the transfer of funds to a thlrd party and the amount due to settk the oWlJatk)n can be ffa9Jred or e5Yrnat8J rella￿y. cred￿OrS are nomially rttognised at the $ettkn￿nt arnount. DONAnONS AND LEGACIES 2021 2020 Subxrtpwons 103,647 93,369 OTHER TRADING ACTIVITIES 2021 2020 EUro￿n xhocls, conorew and slmllar CEUS Income 5,552 11,284 5,855 3,046 16,836 8,901 INVESTMENT It4COME 2021 2020 rnvestment Income De￿t account Interest 1,428 1,713 70 1.436 1.783

THE EUROPEAN FEDERAnON OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnuwl FOR THE YEAR ENDED 31 DECEMBER 2021 Support costs (see note 6) Dlrect Costs Totsls neral aC￿￿treS ,963 20,101 119,064 SUPPORT COSTS Governar Costs Flnan Totals General 17.899 2,202 20,101 Induded In Governonce costs are fees {Includlng Irr&oVern￿e VAn ts the Independent ￿m1fter of El,020 12020'.É1,0201 for the Independent eAamlnatl)n and £96012020:£960) for accountsncy SupyJrt costs, indud8J In the above, a￿ as folbws: Fln•nc• 2021 General 2020 Total actlvltles Bank charges L055llgaln) on I￿19n e¥change 503 17,3% 498 116,327) 17,899 115,829) TRiISTEES' REMUNERATION AND BENEFirs There were no trusiee5' remuneratknn CK other beneffts for the year end&J 31 t>ecernter 2021 nor for the yfftr ended 31 Decem￿￿ 2020. Trurt•••' ￿pen￿• trust￿ were relmburs&J a tofal of £37812020 - £101) for expense5 Incurred on tehalf of the charlty. The average mnthly numter of emptoyees durfng the year Was a5 folkM.' 2021 2020 Suprort staff No ern￿OyeeS wn0lurn￿rtS In excess of £60,000. -io-

THE EUROPEAN FEDERATION OF SOCZErtES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR ThE YEAR ENDED 31 DECEMBER 2021 COMPARATIVES FOR THE sfATEMENf OF FINAIICIAL AcnvrriES Unrestricted Restricte fund fund Totsl funds INCOME AND ENDOWMENTS FROM Donatlons and ￿a¢le$ 93,369 93,369 th•rltsble artlvltleB r￿ftern1 actwities 1,036 1,036 other trnding actiwttes Inves￿nt Income 8,901 1,783 8,901 1,783 Total 105,089 105,¢)89 EXPE14DITURE (IN Charltable acilvlll General 61,438 61,438 Net galrs on Investments 817 817 NEf INCOME 44,468 44,468 RECONCIUA710N OF FUNOS Totsl fund• lyought ton￿rd s prevlouly report& Prlor year adlustsnert 385,259 13.733 3.011 388,270 13,733 398,992 3,011 402,003 TOTAL HINDS CARRIED FORWARD 443,460 3,011 446,471 10. TANGIBLE FIXED ASSErs Computer equlpment At l January 2021 and 31 DecuniEr 2021 24,230 DEPRECIATION At l January 2021 Charge for year 23,740 122 At 31 DKemter 2021 23,86Z MET BOOK VALUE At 31 t)eCem￿r 2021 At 31 December 2020 490 .Li-

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnu FOR THE YEAR EMDED 31 DECEMBER 2021 IL FIXED ASSET INVEsfMENTS Llsted Invthents MARKET VALUE At l January 2021 Revaluation5 71,6 (2,5S9) At 31 c￿mb¥ 2021 69,095 14Ef BOOK VALUE At 31 De￿rnbel 2021 69,095 At 31 c￿rnber 2020 71,654 I Investments are hdd In the M&G Charfty)nd cha￿￿e$ Flxed Intsrest Fund. Cost ￿ valuatt•n at 31 December 202115 represented by.. Llsted Investments Valuatlon in 2021 12,559) 71,654 69,095 11 DEBTOR&. Amouiifs FALLING DUE wmiiN OMÈ YEAR 2021 2020 Trade debtors Cther debtots 4,873 4,293 1,753 4,873 i& aiEDTfoRS: AMOUNTS FALLING DUE wmiiN ONE YEAR 2021 2020 Other ¢xèJknrs Accnwls and ￿ferred Income 26,124 25,463 28,569 24,803 51,587 53,372 Fund• held •• apents Includ&l In other credltors Is É25,184 relating to funds hdd as a9￿. The annual CEUS Schwl hek1 In Munlch, Germany r￿elVeS the Involced as￿stance of EFSUMB adrnlnlsiratyon tr) ralse spons)rshlp and rdmburse speake to￿n￿ carrled forward to 2022 15 hehj by EFSUMB a5 a fund for the Course OTgan55ers.. The in funds held a5 agents duriThJ the were a5 follows.. 2021 31,610 27,902 (31,64n £ 2021 28,569 24,143 (26,956) (572) Balance Lyought forward Income Expendibjre Year end forelgn ajrrency tran4atio 27,865 25,184 -12-

THE EUROPEAf4 FEDERA￿ON OF SOCIEfIES FOR ULTRASOUND ZN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2021 13, CREDITORS: AMOUNTS FALLING DUE WtrHIN ONE YEAR- ¢ortinued 14 MOVEMENT 114 FUNDS movement In funds At IlV21 31112121 Unre•trlct•d fvnds General fund 443,460 296 443,7% R•#yl¢t•d fund• Therese Aanlol FuThJ 3,011 3,011 TOTAL FUNDS 446,471 296 446,767 Net nw)vement In funds, Induded In the atove are as folbws.. Incoming resources Resources expend&J Galns arn losses Movement In funds General fvnd 121,919 1119,064) (2,559) TOTAL FUNDS 121,919 {119,064} {2,559) 296 Comparntlbyo for mov•m•nt In fund• Prlor Net movement In funds At 31112120 At 1/1120 adjustment Unr••trlrtod fund• General fund 385,259 13,733 443,460 R••trf(t¢d fund• There* Planlol Fund 3,011 3,011 TOTAL FUNDS 386,270 13,733 44,468 446,471 Cornparatfve net movement In funds induded In the above are as follows: Ino)ming re50urce5 Resour Galns and 105ses Movement In funds Unrestrlrt¢d fund$ General fund 105,fJ89 {61,438) 817 44,468 TOTAL FUNDS 105,089 161.4381 817 44,468 -13-

THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMEfws- continu FOA THE YEAR ENDED 31 DECEMBER 2021 I& MOVEMENT IN FUNDS- conilnuod The ThL*èse Plinbl fund 15 Lry the French Uthsound Sodety for a REnch Sockty nominated Thérèse Plank)I leth￿ to te held at a EUROSON Congress and Is w0vb￿l to cover travel and xcommodadon co#s, RELATED PARTY DISCLOSURES There wtre rekited party transathons for the year ended 31 Dec￿n￿r 2021. -i+