L'Association Des Francophones De Nanaimo

Statement of Operations
For the year ended March 31, 2010

(Unaudited)
2010 2009
Revenues
Gaming 25,000 55,000
Gifts in kind (Note 10) 130,880 226,129
Goods sold, fees and miscellaneous 74,525 90,478
Grant revenue and government contributions (Note 11) 204,418 222,293
Interest 1,810 3,798
436,633 597,698
Expenses
Administrative and supplies 7,247 9,265
Amortization 6,618 6,161
Bad debts (recovery) (380) -
Equipment rental 5,927 11,147
Event costs (Note 12) 139,075 271,396
Goods used and sold 25,372 27,121
Insurance 6,282 6,123
Interest and bank charges 907 673
Professional fees 8,843 8,452
Rental 15,446 15,199
Repairs and maintenance 1,879 1,710
Sub-contracts 35,794 61,527
Subscriptions and fees 2,345 2,567
Telephone, fax and internet 4,276 5,995
Travel 20,203 33,358
Utilities 1,213 1,412
Wages and employee benefits 134,539 145,767
415,586 607,873
Excess (deficiency) of revenues over expenses 21,047 (10,175)

The accompanying notes are an integral part of these financial statements

' Mp