L’ASSOCIATION DES FRANCOPHONES DE NANAIMO STATEMENT OF INCOME FOR THE YEAR ENDED MARCH 31, 1997 (Unaudited) 1997 1996 REVENUES Administration (schedule 1) $ 34,724 $ 36,430 Education (schedule 1) 12,472 27,690 Cultural (schedule 2) 3,562 5,706 Youth and social (schedule 2) 10,968 8,709 Communication (schedule 3) 725 1,525 Visibilite 2000 (schedule 3) 8,673 - Bingo (schedule 4) 10,789 33,792 81,913 113,852 EXPENDITURES Administration (schedule 1) 39,750 42,683 Education (schedule 1) 15,173 30,259 Cultural (schedule 2) 4,850 10,092 Youth and social (schedule 2) 13,510 9,953 Communication (schedule 3) 2,981 4,366 Visibilite 2000 (schedule 3) 8,673 . - Bingo (schedule 4) 10,789 37,883 95,726 135,236 EXCESS OF EXPENDITURES OVER REVENUES $ (13,813) $ (21,384) See notes to financial statements -4- Bi BESTWICK & CHARTERED ACCOUNTANTS Est. 1945