L'ASSOCIATION DES FRANCOPHONES DE NANAIMO

STATEMENTS OF REVENUE AND EXPENSES

(Unaudited) Page 5

YEARS ENDED MARCH 31 2013 2012

REVENUE
Gifts in kind (Note 8) $ 61,126 $ 123,549
Ministry of Canadian Heritage - Operating 60,584 60,589
Goods sold, fees and miscellaneous 41,654 41,982
Direct access grant 30,013 25,954
Ministry of Canadian Heritage - Projects 28,000 35,000
City of Nanaimo 9,662 8,800
Membership fees 2,025 1,810
Interest 1,423 1,483
234,487 299,167
EXPENSES
Event costs (Note 9) 87,247 118,225
Wages and employee benefits 58,019 82,133
Sub-contracts 28,691 24,446
Rent 18,871 21,263
Travel 14,172 7,857
Purchase of goods 13,408 16,431
Office and sundry 7,907 6,047
Professional fees 6,862 7,512
Insurance 5,039 4,740
Telephone, fax and internet 2,471 1,713
Amortization 2,073 3,419
Subscriptions and registrations 1,579 1,622
Repairs and maintenance 1,231 809
Utilities 1,101 1,254
Interest and bank charges 376 128
Equipment rental 298 4,798

249,345 302,397

DEFICIENCY OF REVENUE OVER EXPENSES FOR THE YEAR $ (14,858) $ (3,230)