EEE Ee
L'ASSOCIATION DES FRANCOPHONES DE NANAIMO
STATEMENT OF REVENUE AND EXPENSES

(Unaudited) Page 5

p Saadeh et A

YEAR ENDED MARCH 31 . 2015 2014

REVENUE .
Goods sold, fees and miscellaneous $ 63,150 $ 70,334
Gifts in kind (Note 6) 60,004 64,623
Ministry of Canadian Heritage - Operating 60,000 60,000
Direct access grant 40,431 43,948
Ministry of Canadian Heritage - Projects 28,000 28,000
City of Nanaimo . 11,760 8,900
Canada Youth at Work 2,534 -
Interest 1,349 1,310
Membership fees 1,230 1,865
268,458 278,980
EXPENSES
Event costs (Notes 6 and 7) 86,790 94,204
Wages and employee benefits (Note 6) 65,706 73,841
Sub-contracts ; , 33,798 33,350
Rent 25,259 22,722
Purchase of goods 15,771 15,698
Travel * 14,643 7,004
Office and sundry 8,223 8,448
Professional fees 6,188 6,481
Insurance 4,481 4,895
Telephone, fax and internet 2,560 2,500
Repairs and maintenance 2,028 2,710
Subscriptions and registrations ; 1,374 1,889
Utilities 1,264 772
Equipment rental 816 1,515
Interest and bank charges . 495 298
Bad debt 100 -
Amortization - 994

269,496 277,321

EXCESS (DEFICIENCY) OF REVENUE OVER
EXPENSES FOR THE YEAR $ (1,038) $ 1,659