Trent Radio Balance Sheet As At 01-09-30 Subject to Adjustment & YE2001 Financial Review ASSETS CURRENT ASSETS Entailed Funds #1 0.00 Entailed Funds #2 0.00 Raffle & Bingo Acct 92.64 Boost & Freq Acct 5.93 General Funds Montreal 20864.49 General Funds CIBC 0.00 Cash In Bank 20963.06 Petty Cash: Programming 0.00 Petty Cash: Admin 0.03 Petty Cash: Summer Admin. 0.00 Term Deposits 0.00 Accounts Receivable 4656.94 Doubtful Accounts 0.00 Receivables Net 4656.94 Student Levy Receivable 1700.00 Prepaid Expenses 0.00 TOTAL CURRENT ASSETS 27320.03 FIXED ASSETS Land 10000.00 Buildings 93908.34 Office Equipment 19716.40 Technical Equipment 95944.25 Technical Renovations 18296.00 Fixed Assets at Cost 237864.99 Accumulated Depreciation -156817.18 TOTAL FIXED ASSETS 81047.81 OTHER ASSETS Deferred Charges 9917.00 TOTAL OTHER ASSETS 9917.00 TOTAL ASSETS 118284.84 =========== 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) 31614.97 TOTAL NON-SHARE EQUITY 72701.78 TOTAL EQUITY 72701.78 ----------- LIABILITIES AND EQUITY 118284.84 =========== ... Trent Radio Income Statement 01-09-01 to 01-09-30 Subject to Adjustment & YE2001 Financial Review 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 280.00 Discretionary M'ship Exp 0.00 Net Memberships 37280.00 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 37280.00 EARNED REVENUE ON AIR Sponsorship 0.00 ON AIR Sponsorship Expense 0.00 Net ON AIR Sponsorship 0.00 "RADIO PAPER" Advertising 0.00 "RADIO PAPER" Expense 0.00 Net "RADIO PAPER" 0.00 Net Other Sponsorship 936.39 Tape Sales 0.00 Tape Sales Expense 0.00 Net Tape Sales 0.00 Rental Income 600.00 Net Misc Sales & Services 0.00 Refunds & Discounts Given 0.00 TOTAL EARNED REVENUE 1536.39 MISCELLANEOUS REVENUE Interest Income 11.61 Discounts Taken 0.00 Micellaneous Revenue 0.00 Amortisatn Dfrd Contribtns 0.00 TOTAL MISC REVENUE 11.61 TOTAL REVENUE 38828.00 ---------- EXPENSE PERSONNEL Total Wages & Benefits 4576.26 Programming Fees 250.00 Technical Fees 0.00 Publicity Fees 0.00 Administrative Fees 300.00 Total Fees 550.00 TOTAL PERSONNEL 5126.26 SUPPLY & EXPENSE Publicity & Promotions 28.25 Equipment Rental 0.00 Line Rental 164.02 Rental Other 0.00 Net Rentals 164.02 Postage & Delivery 92.03 Office Supplies 0.00 Telephone 100.52 Utilities 388.93 Programming & Licence 397.15 Building R & M 102.60 Building R & M Upper Apt 0.00 Technical R & M 341.82 Net Repair & Maintenance 444.42 Professional Fees 0.00 Insurance 288.17 Travel 0.00 Volunteer Expense 54.78 Bank Charges 55.25 Mbanx Loan Interest 0.00 Mortgage Interest & Chrgs 0.00 Net Interest 0.00 Depreciation 0.00 GST Paid 73.25 Bad Debts 0.00 Miscellaneous 0.00 TOTAL SUPPLY & EXPENSE 2086.77 TOTAL EXPENSE 7213.03 ---------- NET SURPLUS/(DEFICIT) 31614.97 ==========