A Guide to Your OUP Royalty Statement Welcome to Oxford University Press. This document provides an explanation of all information that may appear on your royalty statement. Your royalty statement will be issued periodically based upon your contract with OUP. It covers all your earnings from print books, eBooks, and rights licensing (including audiobooks and translations) for all your OUP titles. Please familiarize yourself with this document, and reference it upon receiving your individual royalty statement. It will answer many questions you may have. Of course, if you have additional questions, you are always welcome to email us at [email protected].

Your Account Number An internal reference number unique to your account is shown on your statement. Please include this account number whenever you contact us. This will enable you to trace payment details more quickly, and it will help ensure your privacy.

Your Royalty Statement Has Three Parts 1. The Remittance Advice This shows the amount OUP is paying you for transactions during the relevant accounting period. It shows the total value of all royalties from the Statement Summary (see below), withholding tax (if applicable), and details of any returned payments from earlier periods (for example, if the bank account OUP paid into was closed, or if your check was returned as undeliverable). 

2. The Statement Summary This is a summary listing the overall amount OUP is paying you for each of the contracts we have with you that had activity in the last accounting period. A contract may include more than one physical product (for example, one contract might include a book that is available in both paperback and hardback). Each contract has a unique reference number that you will see referred to on your statement. If you ever need to contact us with questions, please use this reference number (as well as your account number) to identify the specific item(s) you have questions about.  Please note: on each set of royalty statements, we include a contract on the statement only if its products had sales or returns in the current accounting period, or if there were negative amounts carried forward from previous royalty periods (money still owing to OUP). If you have a contract with a negative balance owing, you will see zeros on the Statement Summary. You can find details of the exact amount still owing (if applicable) on the Statement Detail pages. A sample of the Statement Sumary and an explanation key are on the following pages.

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1

Royalty Statement

Account No: 90300001

CHARLIE AUTHOR 1234 ANYWHERE DRIVE ANY TOWN CA 93000

Statement date: May 14 2010 2

Statement summary Period: October 01 2009-March 31 2010

Royalties this period

(USD) 3

Total payable this period

75.25

Summary

(USD) Earnings

4

6

Reference 5500400000 EXAMPLE TITLE EXAMPLE TITLE

5

Recouped

Reference 5500400001 ANOTHER EXAMPLE TITLE

699.64 1,249.25 1,948.89-

Unearned balance

8,051.11-

75.25 7

Total (USD)

75.25

8,051.11-

If the amount due you is below the threshold in our agreements with you, no check will be issued this period. The balance due will carry over to the next royalty period. 

3. The Statement Detail page(s) Here we report detailed transactions during the accounting period for each product covered by your contract(s) with us. In most cases, related products are grouped together (for example, the same book available in different formats, and books with multiple editions). For each published ISBN, we list sales by market/channel. All sales cited are net of (include) any returns we received over the period covered by the royalty statement. For each contract, we also list any revenue received in the royalty period for licensing activities. The most common licensing activities include translations, audiobooks, and English-language reprint deals. A sample of the Statement Detail pages and explanation key are on the following pages.

Statement detail EXAMPLE TITLE 8 12

EXAMPLE TITLE ISBN:

9

10

9780000000001 Format: Hardback

13

MARKET/CHANNEL

US Trade Canada United Kingdom Japan

14 RTY TYPE

15

NET QTY

NR NR NR NR

11 Life sales:

Pub Date: July 08 1999

31 21 81

BASE VALUE (USD)

16

1,811.43 831.60 182.1669.30

RATE

17

12,897

ROYALTY (USD)

20% 15% 15% 15%

362.29 124.74 27.3210.40

18 Subsidiary Income 19

20

TYPE

21

CUSTOMER

PAYMENT DATE

22

23 BASE VAL(USD) LANGUAGE

Permissions COPYRIGHT CLEARANCE Nov 20 2009 CENTER Branch OXFORD UNIV PRESS Mar 11 2010 Reprints INDIA Permissions COPYRIGHT CLEARANCE Mar 31 2010 CENTER

24

RATE

25

ROYALTY(USD)

14.93 English

50%

7.47

439.78 English

50%

219.89

4.34 English

50%

2.17

699.64

Subtotal

EXAMPLE TITLE 8 12

EXAMPLE TITLE ISBN:

9

9780100000007

14

13 MARKET/CHANNEL

US Trade Australia Canada

Format: Hardback

RTY TYPE

NR NR NR

NET QTY

67 1 38

10

11 Pub Date: March 31 2010

15

BASE VALUE (USD)

5,284.12 34.65 1,504.80 26

Subtotal

16

Life sales:

RATE

20% 12.5% 12.5%

17

106

ROYALTY (USD)

1,056.82 4.33 188.10

1249.25



TOTAL Reference 5500400000 27 Advance/costs/returns opening balance 28 Earnings this period 29 Advance/costs this period 30 Payable this period 31 Advance/costs/returns still to be recouped

10,000.001,948.89 0.00 0.00 8,051.11-

Statement detail SAMPLE TITLE 8 12

SAMPLE TITLE ISBN:

9780195000000

13

MARKET/CHANNEL

US Direct US Trade

9

14

RTY TYPE

NR NR

10

Format: Paperback

15

NET QTY

7 470

11

Pub Date: October 09 2009 BASE VALUE (USD)

364.00 29,472.33

16

Life sales:

RATE

2.5% 5%

Subtotal

17

477

ROYALTY (USD)

9.10 1,473.62 1,482.72

32 New Advances/Costs DATE

TEXT

33 Cost (Permissions)

TYPE

Apr 01 2010

Cost (Permissions)

Apr 01 2010

Copyright Clearance Center (1141.70s): 285.43 Sample University (750s): 187.50 Individual One (200s): 50 Permission Source (300s): 75 Rights Link #RLNK1000000 (283s): 70.75

VALUE

597.93-

70.75-

TOTAL Reference 5500400009 27 Advance/costs/returns opening balance 28 Earnings this period 29 Advance/costs this period 30 Payable this period 31 Advance/costs/returns still to be recouped

4,554.351,482.72 668.680.00 3,740.31-

Key: 1

Account number: An OUP internal reference number unique to your account; please include your account number whenever you contact us.

2

Period: The accounting period covered by this statement

3

Total payable this period: The amount of money that will show on your check or be deposited to your bank account (if you have elected direct deposit).

4

Reference: Each title is assigned a reference number. This number can be quoted when contacting OUP. In addition there is a description provided for each work.

5

Recouped: This refers to the amount OUP is recovering from you. The recovery may be from advances, indexing or other production costs, or returns from previous accounting periods that are deducted from earnings in this period

6

Reference: A second title is referenced on the same contract. A description of this work is provided along with earnings information.

7

Total: This reflects the total earnings to be paid in this royalty period and the remaining unearned balance to be recouped in future periods.

8

ISBN: Title and ISBN of the work.

9

Format: Refers to the format of the work (paperback, hardback, online, etc.).

10

Pub. Date: The date the work was published in the referenced format.

11

Life sales: Total quantity sold to date of the specified edition of the specified format, net of returns.

12

Market: Territory or channel where the sales were made.

13

RTY Type: Basis on which royalties are calculated. NR = Net Receipts; PP = Published Price

14

Net Quantity: Quantity sold in the specified period, net of returns.

15

Base Value: Sales value realized by OUP in the period on which you are entitled to receive royalties.

16

Rate: Percentage rate for calculation of royalties. This is your individual royalty rate. If you have co-authors, their rates are not included here.

17

Royalty: Royalty earnings in the market or channel. This is calculated as the percent rate multiplied by the base value (unless you earn a royalty on a per copy basis).

18

Subsidiary Income: Income received in the accounting period from licensing rights of the work to other sources.

19

Type: Licensing rights type granted (for example, reprints, permissions, audio).

20

Customer: The customer to whom we have granted licensing rights.

21

Payment Date: Date on which payment was received from licensee.

22

Base Value: The sum (payment amount) which was received from the licensee.

23

Language: The language of the licensing deal.

24

Rate: Percentage rate for calculation of subsidiary (rights licensing) income.

25

Royalty: Royalty payment due for the licensing deal. This is calculated as the percent rate multiplied

by the base value. 26

Subtotal: Royalties earned against all channels and formats for a specific title.

27

Opening balance: The amount of any outstanding balance for this title at the beginning of this accounting period.

28

Earnings this period: The amount of all earnings for this title during the accounting period.

29

Advance/costs this period: Any advances or costs charged to your account since the last royalty statement run.

30

Payable this period: The amount being paid this period for this contract.

31

Still to be Recouped: The balance, if any, being carried forward to the next accounting period. If this is a negative number, it is the sum of 20 through 22.

32

New Advances/Costs: Advances or The balance costs paid by OUP in the accounting period that are to be recouped from this publication.

33

Cost (Permissions): Permission charges paid for this publication within the accounting period. The specific payee and amount paid are listed.