Annual Report 2009-2010 – Statement of Operations
for the year ended March 31
2010 ($) | 2009 ($) | |
EXPENSES | ||
Operating | ||
Salaries and employee benefits | 2,998,721 | 3,000,872 |
Professional and special services | 1,095,718 | 1,372,643 |
Rentals | 402,312 | 435,605 |
Travel | 145,661 | 165,169 |
Publications | 115,756 | 157,956 |
Communication | 88,179 | 96,718 |
Furniture and equipment | 88,145 | 81,021 |
Repairs and maintenance | 83,786 | 47,255 |
Amortization of tangible capital assets | 71,993 | 66,631 |
Utilities, materials and supplies | 37,202 | 35,771 |
5,127,473 | 5,459,641 | |
Executive Committee | ||
Travel and living expenses | 970 | 629 |
Honoraria | 4,529 | 4,866 |
5,499 | 5,495 | |
Other Committees | ||
Travel and living expenses | 81,115 | 100,751 |
Honoraria | 132,744 | 133,868 |
213,859 | 234,619 | |
TOTAL EXPENSES | 5,346,831 | 5,699,755 |
REVENUES | ||
Donations (Note 10) | – | 105,000 |
Miscellaneous | 34,690 | 885 |
TOTAL REVENUES | 34,690 | 105,885 |
NET COSTS OF OPERATIONS | 5,312,141 | 5,593,870 |
The accompanying notes form an integral part of these financial statements.