1. VICE PRESIDENT FINANCE James Zhao February 2016 COUNCIL FEB-16

2. Finance Portfolio Sponsorship Officer – Andreena Kardamis Marketing Officer – Grace Norris Risk Officer – Stefanie Fraser  Developing risk policies, ensuring compliance of risk policy; and regularly reviewing and updating any policy documents related to the operations of the Company. Alumni & Scholarship Officer – Unappointed

3. Executive Summary Achievements  Insurance 1) Public Liability Insurance 2) Associations Liability insurance; and 3) Personal Accident insurance.  Monthly Financial Reports  Registered for ABN  Registered for GST  Implemented Accounting Software Xero Items for the next few months  Obtain tax exempt status, register as a charity, and get deductible gift recipient status.  Create proposal and by-law as to how the surplus should be spent.  Transfer all remaining balance from the old ALSA bank accounts to the new.

4. Profit and Loss Statement

5. Balance Sheet

6. Budget (Expenses) Expense Forecast 15/16Actual 14/15 O-week -2,738 VP Education2,500 Mental Health Video -1,000 Wellbeing Guide -1,040 NEC Prize -1,000 VP Administration500 Alumni2,5000 Risk Management Iniative -9,350 Scholarship3,0002,850 Marketing4,0000 Sponsorships5000 Administration2,0001,796 Equity Grant4,5005,860 Insurance6,0003,722 Bad Debt Write-off -1,500 Misc6500 Asia Conf5,0003,023 NZ Conf3,0003,496 NZ Conf Back Payment -2,177 Conference 201612,000 Conference 2015 -12,081 Conference 2014 back payment -1,345 Council14,00016,893 Planning Weekend -1,527 Total Expenses60,15071,398

7. Budget (Revenue & Net Profit) Revenue Affiliation Fees14,50015,000 Copyright -7,540 Sponsorships45,00042,400 Conference 2015 -25,217 Council Profits -160 Interest650648 Donation -500 Unknown -252 Total Revenue60,15091,717 Total Expenses60,15071,398 Net Profit -20,319

8. Proposals  Reduce Affiliation Fees  Reduce Council Costs  Lower Registration Fees for All Council Members  Reduce Conference Costs  Lower Registration Fees for Conference  Increase Conference Events  Increase Reserves  Increase Equity Grants and/or Scholarships

9. Questions?