Here’s what you need to know about the numerous advancements that come with the 2021 Annual Report of UCI
Here’s what you need to know about the numerous advancements that come with the 2021 Annual Report of UCI. The 2021 UCI Annual Report was approved by the UCI Management Committee at its meeting that took place in Arzon (France) from the 14th to the 16th of June. This report highlights the numerous advancements made during a year that was highlighted by the re-election of David Lappartient as President of the UCI for a new four-year term, the election of a new Management Committee – with an apparent increase in the number of women in the Federation.
The findings of the 2021 UCI Annual Report demonstrate that the International Federation has continued to make progress toward accomplishing the goals outlined in its Agenda 2022, almost all of which have already been attained. The Union Cycliste Internationale (UCI) has continued to make strides not only in the realm of athletic competition but also in other domains, such as the protection of members of the cycling family from all manners of harassment and other forms of abuse, the promotion of universal accessibility to cycling, and the representation of women in athletics and governance.
More on the Report
Not only does the UCI present in its 2021 Annual Report the complete balance sheet for the preceding year, but it also presents the audited consolidated financial statements of the UCI and the UCI WCC, as well as the audited financial statements of the UCI for 2021. This is done in order to remain consistent with the UCI’s policy of maintaining transparency. In spite of the fact that the fear of the Covid-19 pandemic is still ongoing, the Union Cycliste Internationale (UCI) has reported financial results that are significantly better than what was anticipated. This is due to the health precautions that have been taken, which have allowed the vast majority of UCI International Calendar competitions to occur in favorable conditions. Added to this are UCI’s prudent management and the joint efforts of members of the Olympic family, which have allowed the Tokyo Olympics which are a significant source of revenue for the International Federation.
The Financial Position
It is consequently in a sound financial position despite the problems that it has endured, which offers a solid base to continue to expand cycling, guarantee that its solidarity programs are implemented, and deal with any new crises that may occur until the conclusion of the cycle and beyond.
What else does the Annual Report Highlight?
The 2021 UCI Annual Report also includes helpful information on the Federation and its activities. This information consists of a presentation of the disciplines that the UCI governs, the list and composition of its governing bodies, commissions, and jurisdictional bodies, the list of its 201 affiliated National Federations, and the results and rankings of all UCI events for the season. Additionally, the report includes a presentation of the disciplines that the UCI governs.