Trent Radio Balance Sheet As At 02-01-31 ASSETS LIABILITIES CURRENT ASSETS CURRENT LIABILITIES Entailed Funds #1 0.00 Accounts Payable 1,849.98 Entailed Funds #2 0.00 Contract Obligation 31,000.00 Raffle & Bingo Acct 92.65 Deferred Income 600.00 Boost & Freq Acct 5.93 Accrued Liabilities 1,819.00 General Funds Montreal 15,287.71 CSIRP/FMOK 0.00 General Funds CIBC 0.00 Commission Payable 0.00 Cash In Bank 15,386.29 CPP Payable 0.00 Petty Cash: Programming 0.00 UIC Payable 0.00 Petty Cash: Admin 0.00 Income Tax Withholdings 0.00 Petty Cash: Summer Admin. 0.00 Receiver General Net 0.00 Term Deposits 0.00 Employer Health Tax 0.00 Accounts Receivable 3,085.83 WCB Payable 0.00 Doubtful Accounts 0.00 AFM Payable 0.00 Receivables Net 3,085.83 Health Benefit Payable 855.00 Student Levy Receivable 1,700.00 Pension Payable 0.00 Prepaid Expenses 312.20 Holiday Payable 0.00 TOTAL CURRENT ASSETS 20,484.32 Other Witholdings Net 855.00 TOTAL CURRENT LIABILITIES 36,123.98 FIXED ASSETS Land 10,000.00 LONG TERM LIABILITY Buildings 93,908.34 Victoria & Grey Trust Co 0.00 Office Equipment 20,134.36 Trent U - CTS Department 0.00 Technical Equipment 97,113.27 National Trust 0.00 Technical Renovations 18,296.00 Mbanx Demand Loan 0.00 Fixed Assets at Cost 239,451.97 Deferred Contribution 8,587.00 Accumulated Depreciation (156,817.18) TOT. LONG TERM LIABILITY 8,587.00 TOTAL FIXED ASSETS 82,634.79 OTHER ASSETS TOTAL LIABILITIES 44,710.98 Deferred Charges 9,917.00 ------------- TOTAL OTHER ASSETS 9,917.00 EQUITY ------------- NON-SHARE EQUITY TOTAL ASSETS 113,036.11 Retained Surplus/(Deficit) 41,086.81 ============= Previous Year-end Adjustmen 0.00 Net Retained Surp/(Def) 41,086.81 Current Surplus/(Deficit) 27,238.32 TOTAL NON-SHARE EQUITY 68,325.13 TOTAL EQUITY 68,325.13 ------------- LIABILITIES AND EQUITY 113,036.11 ============= Trent Radio Income Statement 01-09-01 to 02-01-31 REVENUE EXPENSE GOVERNMENT GRANTS PERSONNEL Federal Grants 0.00 Programming Wage 9,630.00 Provincial Grants 0.00 Technical Wage 0.00 Municipal Grants 0.00 Publicity Wage 0.00 TOTAL GOVERNMENT GRANTS 0.00 Administrative Wage 11,772.50 Benefits 1,490.76 FUND RAISING Total Wages & Benefits 22,893.26 Corporations 0.00 Programming Fees 250.00 Foundations 0.00 Technical Fees 0.00 Private 1,045.00 Publicity Fees 0.00 Leadership 0.00 Administrative Fees 1,377.50 Donations "In Kind" 0.00 Total Fees 1,627.50 Net Donations 1,045.00 TOTAL PERSONNEL 24,520.76 Trent Student Memberships 51,976.00 Commercial & Non-profit 0.00 SUPPLY & EXPENSE Individual Memberships 980.00 Publicity & Promotions 28.25 Discretionary M'ship Exp 0.00 Equipment Rental 300.00 Net Memberships 52,956.00 Line Rental 621.30 Special Events 459.71 Rental Other 27.00 Special Events Expense 0.00 Net Rentals 948.30 Net Special Events 459.71 Postage & Delivery 96.52 Fundraising 2.00 Office Supplies 270.94 Fundraising Expense 0.00 Telephone 564.04 Net Fundraising 2.00 Utilities 2,108.43 TOTAL FUND RAISING 54,462.71 Programming & Licence 397.15 Building R & M 218.69 EARNED REVENUE Building R & M Upper Apt 296.16 ON AIR Sponsorship 2,100.00 Technical R & M 2,043.59 ON AIR Sponsorship Expense 0.00 Net Repair & Maintenance 2,558.44 Net ON AIR Sponsorship 2,100.00 Professional Fees 0.00 "RADIO PAPER" Advertising 0.00 Insurance 2,565.81 "RADIO PAPER" Expense 0.00 Travel 0.00 Net "RADIO PAPER" 0.00 Volunteer Expense 456.95 Net Other Sponsorship 3,371.00 Bank Charges 74.86 Tape Sales 32.40 Mbanx Loan Interest 0.00 Tape Sales Expense 0.00 Mortgage Interest & Chrgs 0.00 Net Tape Sales 32.40 Net Interest 0.00 Rental Income 3,000.00 Depreciation 0.00 Net Misc Sales & Services (685.00) GST Paid 468.47 Refunds & Discounts Given 0.00 Bad Debts 0.00 TOTAL EARNED REVENUE 7,818.40 Miscellaneous 0.03 TOTAL SUPPLY & EXPENSE 10,538.19 MISCELLANEOUS REVENUE Interest Income 16.16 ------------- Discounts Taken 0.00 TOTAL EXPENSE 35,058.95 Micellaneous Revenue 0.00 ------------- Amortisatn Dfrd Contribtns 0.00 NET INCOME 27,238.32 TOTAL MISC REVENUE 16.16 ============= ------------- TOTAL REVENUE 62,297.27 -------------