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 Performance - FOR THE YEAR ENDING 30 JUNE 2014<br />
2014 2013<br />
note Actual Actual<br />
Income $ $<br />
Grants and Contracts<br />
Local Council 165,314 166,689<br />
Regional Sports Trusts 119,370 214,114<br />
Auckland Sport 751,000 0<br />
Sport NZ 129,320 830,532<br />
Ministry of Health 307,375 250,974<br />
ASB Charitable Trust 114,785 116,667<br />
Contracts 374,271 219,924<br />
Gaming Trusts 37,072 47,894<br />
Total Grant and Contract Income 1,998,507 1,846,794<br />
Other Income<br />
Events 69,421 33,682<br />
Interest Received 53,961 63,820<br />
Recoveries from Tenants 35,609 39,022<br />
Sponsorship 211,029 165,919<br />
Sports Awards Dinner 16,391 12,565<br />
Sundry Income 38,638 36,703<br />
Total Other Income 425,049 351,711<br />
TOTAL INCOME 2,423,556 2,198,505<br />
Less Expenses<br />
Administration Expenses 34,048 29,881<br />
Associations 3,398 4,628<br />
Auckland Sport Establishment Fee 2,000 50,000<br />
Audit Fees 7,000 7,677<br />
Communication 33,197 29,603<br />
Depreciation 148,111 151,459<br />
Events - Associated Costs 214,867 174,799<br />
Marketing 6,202 5,754<br />
Office Expenses 63,652 61,268<br />
Programme Expenses 369,008 394,567<br />
Property Expenses 28,572 25,524<br />
Staff Expenses 1,333,226 1,226,471<br />
Vehicle Expenses 94,890 88,115<br />
Other Expenses 16,598 4,832<br />
TOTAL EXPENSES 2,354,769 2,254,578<br />
Kiwisport Funding 12 1,191,230 760,995<br />
Less Kiwisport Projects (1,191,230) (760,995)<br />
SURPLUS / (DEFICIT) 68,787 (56,073)<br />
The Notes to the Financial Statements and the Statement of Accounting Policies form part of this statement.<br />
“WHERE TOO MUCH SPORT IS NEVER ENOUGH” 17