ANNUAL REPORT 2010 - Business and Arts South Africa
ANNUAL REPORT 2010 - Business and Arts South Africa
ANNUAL REPORT 2010 - Business and Arts South Africa
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
STATEMENT OF FINANCIAL POSITION<br />
FIGURES IN RAND NOTE <strong>2010</strong> 2009<br />
Assets<br />
Non-Current Assets<br />
Property, plant <strong>and</strong> equipment<br />
2<br />
15 678<br />
21 157<br />
Current Assets<br />
Trade <strong>and</strong> other receivables<br />
3<br />
220 959<br />
120 611<br />
Cash <strong>and</strong> cash equivalents<br />
4<br />
2 086 364<br />
1 868 947<br />
Total Assets<br />
2 307 323<br />
1 989 558<br />
2 323 001<br />
2 010 715<br />
Equity <strong>and</strong> Liabilities<br />
Equity<br />
Accumulated surplus<br />
926 324<br />
759 616<br />
Liabilities<br />
Current Liabilities<br />
Trade <strong>and</strong> other payables<br />
6<br />
1 102 223<br />
938 815<br />
Income received in advance<br />
5<br />
294 454<br />
312 248<br />
Total Equity <strong>and</strong> Liabilities<br />
1 396 677<br />
1 251 099<br />
2 323 001<br />
2 010 715<br />
STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 MARCH <strong>2010</strong><br />
NOTE <strong>2010</strong> R 2009 R<br />
NET GRANTS<br />
2 137 232<br />
1 681 213<br />
Received from the Department of <strong>Arts</strong> <strong>and</strong> Culture<br />
5 453 000<br />
5 180 000<br />
Other grants received - Barloworld Artworks<br />
170 810<br />
215 562<br />
Less - Grants made<br />
(3 486 578)<br />
(3 714 349)<br />
- Supporting grants<br />
(1 243 750)<br />
(1 323 500)<br />
- Special project costs<br />
(2 242 828)<br />
(2 390 849)<br />
Membership Fees<br />
348 476<br />
731 484<br />
SPONsorship for awards ceremonys<br />
400 000<br />
225 000<br />
Sundry Income<br />
181 026<br />
57 562<br />
Finance Income<br />
8<br />
162 317<br />
220 816<br />
3 229 051<br />
2 916 075<br />
EXPENDITURE<br />
(3 062 343)<br />
(2 296 173)<br />
SURPLUS FOR THE YEAR<br />
7<br />
166 708<br />
619 902<br />
32
Change language