for your - Meadowridge School
for your - Meadowridge School
for your - Meadowridge School
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FinAnCiAls<br />
For the year ended June 30, 2012<br />
stAtement of opeRAtions<br />
Revenue June 2012 June 2011<br />
Expenses<br />
Tuition $ 7,297,863 $ 6,909,240<br />
Government Grants 1,310,611 1,240,277<br />
Field Trip Revenue 342,731 317,267<br />
Programme Revenue 159,083 149,097<br />
Registration and Assessments 240,525 211,125<br />
Financing Revenue 42,400 -<br />
18 DeSIGn the next 25 years<br />
9,393,213 8,827,006<br />
Instructional 4,947,140 4,575,762<br />
Administrative 2,176,260 2,079,430<br />
Operating 2,276,584 2,131,020<br />
9,399,984 8,786,212<br />
(Deficiency) Excess of Revenues over Expenses from Operations (6,771) 40,794<br />
Other Revenue 357,606 427,395<br />
Other Expenses 35,502 23,724<br />
Net Other Revenue 322,104 403,671<br />
Excess of Revenue over Expenses $ 315,333 $ 444,465<br />
For the year ended June 30, 2012<br />
stAtement of CAsH Flow<br />
Operating Activities June 2012 June 2011<br />
Excess of Revenue over Expenses $ 315,333 $ 444,465<br />
Amortization 942,904 876,419<br />
Loss on Disposal of Capital Assets 10,002 724<br />
Net Change in non-cash working capital 444,378 424,543<br />
Financing and Investing Activities<br />
1,712,617 1,746,151<br />
Acquisition of Capital Assets (508,949) (218,645)<br />
Proceeds on Disposal of Capital Assets 470 60<br />
Net Deposits Received 136,500 (8,200)<br />
Educational Investment Deposits Donated (28,250) (13,550)<br />
Deferred Financing Costs 14,879 20,134<br />
Deferred Contributions Received (70,379) 4,512<br />
Principal Reduction of Long-Term Debt (165,343) (204,721)<br />
(621,072) (420,410)<br />
Change in Cash Position 1,091,545 1,325,741<br />
Cash and Cash Equivalents Beginning of Year 2,363,422 1,037,681<br />
Cash and Cash Equivalents End of Year $3,454,967 $2,363,422
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