Trent Radio Balance Sheet As At 01-10-31 ASSETS CURRENT ASSETS Entailed Funds #1 0.00 Entailed Funds #2 0.00 Raffle & Bingo Acct 92.65 Boost & Freq Acct 5.93 General Funds Montreal 17907.84 General Funds CIBC 0.00 Cash In Bank 18006.42 Petty Cash: Programming 0.00 Petty Cash: Admin -477.78 Petty Cash: Summer Admin. 0.00 Term Deposits 0.00 Accounts Receivable 3907.83 Doubtful Accounts 0.00 Receivables Net 3907.83 Student Levy Receivable 1700.00 Prepaid Expenses -0.00 TOTAL CURRENT ASSETS 23136.47 FIXED ASSETS Land 10000.00 Buildings 93908.34 Office Equipment 19716.40 Technical Equipment 96256.32 Technical Renovations 18296.00 Fixed Assets at Cost 238177.06 Accumulated Depreciation -156817.18 TOTAL FIXED ASSETS 81359.88 OTHER ASSETS Deferred Charges 9917.00 TOTAL OTHER ASSETS 9917.00 TOTAL ASSETS 114413.35 =========== LIABILITIES CURRENT LIABILITIES Accounts Payable 2722.06 Contract Obligation 31000.00 Deferred Income 600.00 Accrued Liabilities 1819.00 CSIRP/FMOK 0.00 Commission Payable 0.00 CPP Payable -0.00 UIC Payable 0.00 Income Tax Withholdings 0.00 Receiver General Net -0.00 Employer Health Tax 0.00 WCB Payable 0.00 AFM Payable 0.00 Health Benefit Payable 855.00 Pension Payable 0.00 Holiday Payable 0.00 Other Witholdings Net 855.00 TOTAL CURRENT LIABILITIES 36996.06 LONG TERM LIABILITY Victoria & Grey Trust Co 0.00 Trent U - CTS Department 0.00 National Trust 0.00 Mbanx Demand Loan 0.00 Deferred Contribution 8587.00 TOT. LONG TERM LIABILITY 8587.00 TOTAL LIABILITIES 45583.06 ___________ EQUITY NON-SHARE EQUITY Retained Surplus/(Deficit) 41086.81 Previous Year-end Adjustments 0.00 Net Retained Surp/(Def) 41086.81 Current Surplus/(Deficit) 27743.48 TOTAL NON-SHARE EQUITY 68830.29 TOTAL EQUITY 68830.29 ___________ LIABILITIES AND EQUITY 114413.35 =========== Trent Radio Income Statement 01-09-01 to 01-10-31 REVENUE GOVERNMENT GRANTS Federal Grants 0.00 Provincial Grants 0.00 Municipal Grants 0.00 TOTAL GOVERNMENT GRANTS 0.00 FUND RAISING Corporations 0.00 Foundations 0.00 Private 0.00 Leadership 0.00 Donations "In Kind" 0.00 Net Donations 0.00 Trent Student Memberships 37000.00 Commercial & Non-profit 0.00 Individual Memberships 460.00 Discretionary M'ship Exp 0.00 Net Memberships 37460.00 Special Events 0.00 Special Events Expense 0.00 Net Special Events 0.00 Fundraising 0.00 Fundraising Expense 0.00 Net Fundraising 0.00 TOTAL FUND RAISING 37460.00 EARNED REVENUE ON AIR Sponsorship 1850.00 ON AIR Sponsorship Expense 0.00 Net ON AIR Sponsorship 1850.00 "RADIO PAPER" Advertising 0.00 "RADIO PAPER" Expense 0.00 Net "RADIO PAPER" 0.00 Net Other Sponsorship 936.39 Tape Sales 6.10 Tape Sales Expense 0.00 Net Tape Sales 6.10 Rental Income 1200.00 Net Misc Sales & Services 0.00 Refunds & Discounts Given 0.00 TOTAL EARNED REVENUE 3992.49 MISCELLANEOUS REVENUE Interest Income 13.37 Discounts Taken 0.00 Micellaneous Revenue 0.00 Amortisatn Dfrd Contribtns 0.00 TOTAL MISC REVENUE 13.37 TOTAL REVENUE 41465.86 __________ EXPENSE PERSONNEL Total Wages & Benefits 9152.52 Total Fees 822.50 TOTAL PERSONNEL 9975.02 SUPPLY & EXPENSE Publicity & Promotions 28.25 Equipment Rental 300.00 Line Rental 228.12 Rental Other 27.00 Net Rentals 555.12 Postage & Delivery 92.03 Office Supplies 100.80 Telephone 211.38 Utilities 816.48 Programming & Licence 397.15 Building R & M 119.58 Building R & M Upper Apt 12.69 Technical R & M 843.81 Net Repair & Maintenance 976.08 Professional Fees 0.00 Insurance 288.17 Travel 0.00 Volunteer Expense 54.78 Bank Charges 59.75 Mbanx Loan Interest 0.00 Mortgage Interest & Chrgs 0.00 Net Interest 0.00 Depreciation 0.00 GST Paid 167.36 Bad Debts 0.00 Miscellaneous 0.01 TOTAL SUPPLY & EXPENSE 3747.36 TOTAL EXPENSE 13722.38 __________ NET INCOME 27743.48 ==========