Annual Report 2006-2007 – Statement of Operations
For the year ended March 31
2007 ($) | 2006 ($) | |
EXPENSES | ||
Operating | ||
Salaries and employee benefits | 2,155,820 | 2,477,444 |
Professional and special services | 1,275,982 | 1,965,909 |
Rentals | 426,391 | 424,763 |
Transportation and communication | 290,881 | 279,941 |
Publications | 213,070 | 238,870 |
Amortization of tangible capital assets | 107,580 | 87,782 |
Furniture and equipment | 50,706 | 52,886 |
Repairs and maintenance | 45,128 | 62,160 |
Utilities, materials and supplies | 35,233 | 28,501 |
4,600,790 | 5,618,256 | |
Executive Committee | ||
Travel and living expenses | 20,284 | 32,833 |
Honoraria | 17,958 | 22,024 |
38,241 | 54,857 | |
Other Committees | ||
Travel and living expenses | 76,298 | 213,766 |
Honoraria | 83,714 | 182,291 |
160,012 | 396,057 | |
TOTAL EXPENSES | 4,799,044 | 6,069,170 |
REVENUES | ||
Funding from other government departments (Note 3) | 20,000 | 25,405 |
Insurance settlement | 2,674 | – |
Sale of publications | 858 | 2,894 |
Miscellaneous | 387 | – |
TOTAL REVENUES | 23,919 | 28,299 |
NET COSTS OF OPERATIONS | 4,775,125 | 6,040,871 |
The accompanying notes form an integral part of these financial statements.