L'Association Des Francophones De Nanaimo

Statement of Operations For the year ended March 31, 2009

2009 2008 Revenues Gifts in kind (Note 10) 226,129 188,397 Grants and government contributions (Note 11) 222,293 214,734 Goods sold, fees and miscellaneous 90,478 73,932 Gaming 55,000 30,047 Interest 3,798 3,648 597,698 510,758 Expenses Administration and supplies 9,265 6,161 Amortization 6,161 4,956 Bad debts - 1,006 Equipment rental 11,147 10,045 Event costs (Note 12) 271,396 228,074 Goods used and sold 27,121 21,058 Insurance 6,123 5,540 Interest and bank charges 673 627 Professional fees 8,452 8,285 Rental 15,199 15,812 Repairs and maintenance 1,710 1,599 Sub-contracts 61,527 26,149 Subscriptions and fees 2,567 2,926 Telephone, fax and internet 5,995 5,972 Travel 33,358 23,618 Utilities ; 1,412 1,688 Wages and employee benefits 145,767 144,806 607,873 508,322 Excess (deficiency) of revenues over expenses (10,175) 2,436

The accompanying notes are an integral part of these financial statements