Levitt Report - NHL.com

UNIFIED REPORT OF OPERATIONSREPORTING INSTRUCTIONSSCHEDULE IV - TEAM OPERATING COSTSFor Sections A through D, report amounts relating to your Club’s Major LeagueOperations. Costs relating to the Minor League Team operations must be reported inSchedule V.A. NHL General Managers & Coaches CostsInclude both current earnings and the present value of deferred earnings andbonuses. Use the same accounting guidelines for recognizing earnings as detailed insection "A" of Schedule III of the reporting instructions. If your Club’s GeneralManager also serves in an administrative capacity, such as Team president, includethe portion of his salary and benefits related to his GM function on line 1 of thissection and the balance on line 1 of Schedule VII.B. Trainers CostsInclude both current earnings and the present value of deferred earnings andbonuses. Use the same accounting guidelines for recognizing earnings as detailed insection "A" of schedule III of the reporting instructions.C. Other Team CostsTravel & Lodging - line 5Include all Team travel and lodging relating to players, GM, coaches and trainers.Players’ per diems should be included on line 13 of Schedule III. Please providecharter costs and hours flown in parenthesis.Sticks - line 6Include the cost of sticks relating to your major league Team. To the extent thatthis amount is not reported separately in your Club’s general ledger, please use yourbest estimate and report the amount here.Protective Equipment, Uniforms & Other Supplies - line 7Include pants, skates, pads, gloves, helmets and other protective equipment, as wellas sweater, socks, underwear and other non-protective equipment and supplies.Practice Facilities - line 8Include costs for ice rental, at home and on the road, and other practice facilitycosts. Any practice facility cost relating to training camp must be reported inSchedule V, Section F, line 17. Rent charges from an Affiliated Entity thatmanages, operates or own your Club’s practice facility should be at market rate. Allother revenues and expenses related to practice facilities must be excluded from theURO or reported on Schedule I, section H, line 21 (on a net basis).URO Instructions – September 2003 3912/18/2003 10:50 AM