2011-12 Annual Report - Australian Water Polo Inc

WATER POLO AUSTRALIA 2011/12 ANNUAL REPORT
Notes to the
financial statements
2012 2011
Note 3: EXPENDITURE $ $
(e) Management and Governance
Employee Expenses 241,585 319,016
Provision for Annual Leave and Long Service leave 10,334 57,732
Audit Fees 12,000 12,000
Fee for Service-Legal 38,454 20,210
Fee for Service -Accounting 64,775 68,459
Fee for Service -Human Resources 29,387 32,760
Fee for Service -Media & Website 49,315 35,882
Fee for Service -Secretary & Administration 63,092 -
Telephone and Internet Costs 14,448 20,586
Computer & Equipment Costs 2,500 10,218
National Data Base Costs - 7,200
General Office Costs 13,870 20,995
Insurance 71,482 68,987
Athlete Payments-Fred Mayer Foundation 20,000 -
Travel Costs 39,699 46,437
Staff Training & Development - 3,056
Occupancy Costs 28,915 22,232
Merchandise -Cost of Sales 28,151 117,317
Publicity, Promotions and Website 37,732 30,910
Corporate Functions & Entertainment 12,377 10,316
Hall of Fame 23,981 26,131
Bank Charges 3,336 4,183
Provision for Impairment- Debtors 20,873 20,223
Exchange Loss -US Dollar Bank Account - 30,339
Board Meeting & Member Travel Costs 25,484 35,140
Annual General Meeting & Half Yearly Conference Costs 23,363 14,681
Depreciation 11,951 16,094
Other 2,810 20,009
889,914 1,071,113
Total Expenditure 4,636,149 3,986,119
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