BAGB YTD ‘14

Overall Performance ALMA MATER SOCIETY OF UNIVERSITY OF BRITISH COLUMBIA VANCOUVER Business Operations Income Statement for period ended August 31, 2013 Actual Budget Variance to BudgetLast Year Variance to Last Year $(%)$ $%$ $% Total Revenue 2,066, %1,865, % 200, %2,099, % -32,711 (1.6%) Total Cost of Goods Sold 557, %492, % 64, %571, % -14,527 (2.5%) Total Gross Margin 1,509, %1,373, % 135, %1,527, % -18,184 (1.2%) Total Expenses 1,435, %1,420, % -14, %1,454, % 19,614 (1.3%) Contribution before Overhead74, % -47,108 (2.5%) 121, %72,6693.5% 1, % Total Overhead 254, %270, % 15, %271, % 16, % Net AMS Business Operations -180,834(8.8%)-317,882(17.0%)137, %-198,613(9.5%)17,7809.0%

Overall Performance As at end August 2013 AMS Businesses are $137k ahead of Budget YTD, and $18k better than the same period last year.

Overall Performance The main contributors to this are: Revenue : 10.8% better than budget driven by increase in average cheque of 6%, plus selective price increases Gross Margin : 0.6 point decrease, driven by cost increases from vendors Expenses : 1% increase against budget but as a % of Revenue has declined by 6.6 points Overhead : 6.2% better than budget driven by combination of cost containment and a delay in filling vacant position

Revenue by Business Year To Date Actual Budget Prior Food & Beverage: The Pit 154,115123,700183,834 Gallery Lounge 92,81599,40080,622 Pie "R" Squared 188,641167,089180,042 Blue Chip 241,309223,990269,124 Barbeque 0019,201 Bernoulli's Bagels 72,94875,7507,395 Honour Roll 181,619140,900158,342 The Moon 89,16478,17589,060 Conference & Catering 615,605552,612670,399 Food & Beverage Admin 22,25615,70015,713 Storeroom 1,7135,3006,228 Net Food & Bev. Revenue 1,660,1871,482,6161,679,959

Revenue by Business Year To Date Actual Budget Prior Retail & Facilities : Post Office 97,386101,500105,636 Whistler Lodge 44,22624,00029,075 The Outpost 89,49682,50084,294 Copyright 42,87745,00050,540 Subtotal Retail 273,984253,000269,545 Property Services 130,643130,161149,351 Security 1, Net Retail & Facilities Revenue 406,261383,161419,199 Net AMS Business Operations 2,066,448 1,865,777 2,099,159

Contribution by Business Year To Date Actual Budget Prior Food & Beverage: The Pit -14,631-30,253-37,251 Gallery Lounge -38,448-36,140-56,299 Pie "R" Squared 53,14936,39147,587 Blue Chip 65,10149,94935,406 Barbeque 00-2,662 Bernoulli's Bagels -6,132-1,864-14,336 Honour Roll 26,1266,51311,224 The Moon 6,539-6,352-5,102 Conference & Catering 123,798105,52288,244 Subtotal Food & Beverage 215,502123,766279,547 Less: Food & Beverage Admin -66,028-78,311-87,981 Storeroom -58,376-55,380-52,241 Workshop -29,320-33,680-34,541 Net Food & Bev. Contribution 61,778-43,605104,784

Contribution by Business Year To Date Actual Budget Prior Retail & Facilities : Post Office -7,8944,54414,998 Whistler Lodge -12,392-37,075-34,753 The Outpost 5,5893,7454,651 Copyright -16,083-14,270-10,866 Subtotal Retail -30,780-43,056-25,970 Add: Property Services 118,798117,32969,123 Security -75,697-77,776-75,267 Net Retail & Facilities Contribution 12,322-3,503-32,114 Less: Administration Costs -146, , ,422 Executive Offices Costs -56,753-68,697-76,362 Information Systems Costs -50,680-45,103-47,798 Human Resources Costs ,644-2,701 Net Admin, Exec, IT and HR Costs -254, , ,283 Net AMS Business Operations -180, , ,613

YTD Operational Updates Negotiated Administration Unit Union Contract; rejected by membership Fall Marketing Campaign rolled out 2 more online stores available (Burger Bar and Bernoulli’s Bagels) C&C Branding ready for roll out F&B Branding exercise started Executive Chef hired

YTD Operational Updates Majority of New SUB Leases approved by UBC, others in progress New SUB organisational structure completed, job descriptions in progress Move in schedule completed, now tweaking Compensation Strategy in progress New SUB pro-formas in progress

2013/14 Projects & Goals Revised Sales job descriptions implemented Meeting Matrix (Room Diagramming and marketing Software) launch in progress Building Operations lease clarification in progress Watching Maintenance and Repair costs due to old equipment and building

2013/14 Sales & Promotional Initiatives Fall Banner campaign, 24 banners around current, new SUB and McInnes field Online ordering roll out with Eigen at Welcome Back BBQ, now 4 outlets Ongoing Twitter & F&B messaging Conference and Catering mail outs Sales Visits

2013/14 Visuals

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