AnnUAL REPORT 2011-2012 - Knowledge Network
AnnUAL REPORT 2011-2012 - Knowledge Network
AnnUAL REPORT 2011-2012 - Knowledge Network
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Financial Summary 2007-2015 (Reported in ’000)<br />
Provincial Operating<br />
and Other Grants<br />
Donations and<br />
Sponsorships<br />
2007/08<br />
Actual<br />
2008/09<br />
Actual<br />
2009/10<br />
Actual<br />
2010/11<br />
Actual<br />
<strong>2011</strong>/12<br />
Actual<br />
<strong>2011</strong>/12<br />
Budget<br />
Budget<br />
Variance<br />
Year<br />
Variance<br />
<strong>2012</strong>/13<br />
Target<br />
2013/14<br />
Target<br />
2014/15<br />
Target<br />
9,494 8,434 6,972 6,504 6,410 6,410 - (95) 6,410 6,410 6,410<br />
2,303 3,047 2,351 2,902 3,160 2,615 545 258 2,925 2,975 3,025<br />
Other Revenue (508) 441 97 117 79 322 (243) (38) 470 620 720<br />
Amortization of Deferred<br />
Contributions<br />
1,707 468 431 442 461 325 136 18 281 281 281<br />
Total Revenue 12,996 12,391 9,850 9,965 10,109 9,672 437 144 10,086 10,286 10,436<br />
Salaries and Benefits 5,955 4,046 3,875 3,936 4,032 4,175 (143) 96 4,068 4,068 4,068<br />
Programming<br />
and Presentation<br />
Broadcast Platforms and<br />
Corporate IT<br />
Marketing and<br />
Development<br />
3,141 1,416 533 596 582 448 135 (14) 562 762 912<br />
646 688 778 868 785 744 41 (83) 969 969 969<br />
860 1,796 832 1,005 963 965 (1) (42) 1,107 1,107 1,107<br />
Administration 417 464 542 459 452 451 1 (7) 447 447 447<br />
General 271 3,088 31 152 102 78 24 (50) 110 110 110<br />
Total Expenses 11,289 11,499 6,591 7,016 6,917 6,861 57 (99) 7,264 7,464 7,614<br />
Amortization of Capital<br />
Assets and Broadcast<br />
Rights<br />
1,707 2,141 2,499 2,912 2,959 2,873 86 48 2,822 2,822 2,822<br />
Net Income or (Loss) (0) (1,249) 760 37 232 (62) 294 195 - - -<br />
Capital Assets and<br />
Broadcast Rights<br />
Acquired<br />
1,590 4,319 3,151 2,497 2,479 3,082 (602) (18) 3,488 3,488 3,488<br />
Income from<br />
Subsidiary<br />
- - - - 1,389 1,327 62 1,389 1,294 1,294 1,294<br />
Expenses from Subsidiary - - - 157 756 1,104 (349) 599 750 750 750<br />
Subsidiary Net Income<br />
or (Loss)<br />
- - - (157) 633 223 411 790 544 544 544<br />
Total Debt - - - - - - - - - - -<br />
Retained Earnings 1,079 1,406 1,222 1,405 1,730 1,730 1,730 1,730<br />
<strong>Knowledge</strong> <strong>Network</strong> Corporation ANNUAL <strong>REPORT</strong> <strong>2011</strong>-<strong>2012</strong><br />
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