Annual Report 2011 - SportingPulse
Annual Report 2011 - SportingPulse
Annual Report 2011 - SportingPulse
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Income Statement <strong>2011</strong> 2010<br />
for the year ended 31 October <strong>2011</strong> $ $<br />
Revenue 10,101,715 8,844,682<br />
Other Revenue 198,620 404,631<br />
10,300,335 9,249,313<br />
Income<br />
Employees Benefit Expense (3,625,690) (3,265,729)<br />
Depreciation and Amortisation (185,963) (321,235)<br />
Finance and Borrowing Costs (39,543) (49,886)<br />
Changes in the Value of Investment property - 17,491<br />
Operating Expenses (6,176,054) (5,451,042)<br />
(10,027,250) (9,070,402)<br />
Suplus from operations 273,085 178,911<br />
Registration Fees 42%<br />
Affiliation and Team Entry Fees 14%<br />
Commercial Operations and Grants 21%<br />
Coaching and Development 3%<br />
Fines and Appeals 8%<br />
State Squads 10%<br />
Other 2%<br />
Equity Statement<br />
Building Trust<br />
Fund<br />
Accumulated<br />
Surplus<br />
Members'<br />
Funds<br />
for the year ended 31 October <strong>2011</strong> $ $ $<br />
Balance at 1st November 2009 964,079 1,481,429 2,445,508<br />
Surplus from Operations - 178,911 178,911<br />
Balance as at 31 October 2010 964,079 1,660,340 2,624,419<br />
Surplus from Operations - 273,085 273,085<br />
Balance as at 31 October <strong>2011</strong> 964,079 1,933,425 2,897,504<br />
Expenses<br />
Employee Benefits Expense 36%<br />
Administration and IT 16%<br />
Depreciation 2%<br />
Game Development and Community Coaching 4%<br />
Competitions and Events 12%<br />
FFA Levy 6%<br />
Football Operations 18%<br />
Commercial Operations 6%<br />
Football Federation Victoria | <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 5 3
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