The final board meeting of 2012 will take place on 14 December. The supporting information for this meeting has been particularly well prepared as we will be finalising our budget for next year. Many staff members have been involved in these preparations, both on a faculty and departmental level. Board members may feel overwhelmed at the thought of ploughing through every piece of information that has been produced, but their task is not to go through it all with a fine tooth comb, but rather to take a more holistic view of the material. The board focuses on the strategic issues that are relevant to creating a financial balance, in light of our currently under-financed educational programmes.