L'ASSOCIATION DES FRANCOPHONES DE NANAIMO
STATEMENT OF OPERATIONS
FOR THE YEAR ENDED MARCH 31, 2001

2001 2000
(Unaudited)
REVENUES

Gaming $ 21,263 $ 20,064
Gifts in kind (note 9) 18,234 -
Grants (note 10) 129,834 55,179
Interest income 4,430 2,451
Proceeds on sale of property - 159,239
Services, donations and miscellaneous 35.030 28,772

208.791 265.705

EXPENSES

Accounting, audit and legal 4,163 2,906
Administration and supplies 5,340 6,124
Education - 155
Equipment rental 3,875 779
Events (note 11) 56,690 19,301
Goods used and sold 11,723 7,227
Insurance 1,012 ‘ 899
Interest and bank charges 1,074 1,314
Property taxes - 1,287
Rent 26,012 19,081
Repairs and maintenance 1,574 1,609
Subcontracts 2,810 2,934
Subscriptions and fees 2,631 1,290
Telephone, fax and internet 3,051 2,370
Travel 13,378 2,922
Utilities 1,656 1,994

Wages and employee benefits

75,355 48.726

210,344 120,918
EXCESS (DEFICIENCY) OF REVENUES OVER EXPENSES $ (1,553)

$__144,787

See notes to financial statements

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