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L'ASSOCIATION DES FRANCOPHONES DE NANAIMO
NOTES TO FINANCIAL STATEMENTS

(Unaudited) | Page 11

MARCH 31, 2015

7. EVENT COSTS

2015 2014
Marketing, promotion and publicity . $ 55,318 $ 55,645
Performers 18,972 21,112
Materials and sundry 8,519 © 12,569
Lodging, food and technical services : 3,310 4,263
Other costs 671 615

$ 86,790 $ 94,204

8. COMMITMENT

The Association leases their office space under a long-term lease. The lease will be effective until May
30, 2018. The annual lease commitment during the three next years is as follows:

2016 $ 9,596
2017 10,444
2018 1,762

$ 21,802

9. ECONOMIC DEPENDENCE

The Association depends on the Ministry of Canadian Heritage for its operating funds. During the year,
the Association received 22% (2014 - 23%) of its revenue from the Ministry of Canadian Heritage.

The revenues from the Direct Access Grant must be spent according to the rules of the British
Columbia Gaming Policy and Enforcement Branch. Funds related to this grant are maintained in a
separate bank account.