15. FINANCIALS Statement of Operations For the Period June 24, 2003 to December 31, 2005 (unaudited) Total Actual to December 31, 2005
Total Budget
REVENUE Authorities Commercial Revenue Registrations Sponsorship Recoveries Cultural Event Revenue Miscellaneous Sale of Assets
$ $ $ $ $ $ $
10,210,000 220,974 3,925,163 816,146 8,383 355,899 50,772
$ $ $ $
$
15,587,337
$
14,948,925
Finance and Administration Marketing, Cultural Festivities and Sponsorship Sports Venues Operations Legacy Contribution
$ $ $ $ $ $
5,506,258 2,832,980 2,488,514 1,469,446 2,725,960 564,179
$ $ $ $ $
4,375,342 2,925,628 2,679,176 1,592,425 3,376,354 –
TOTAL OPERATING EXPENSES
$
15,587,337
$
14,948,925
$
0
$
0
TOTAL REVENUE
$
10,210,000 230,000 3,606,425 800,000 – 102,500 –
OPERATING EXPENSES
NET POSITION
52
Edmonton 2005 World Masters Games — Final Report