1. Rainbow Sports Club Inc
Financial Results 30 Nov 2018

2. P&L Summary 2017 2018 Sales 760,307 1,328,281 Expenses
Sales , ,328,281
Expenses
Field Expenses , ,204
General and Utilities , ,885
Management and Administration , ,467
Wages and Salaries , ,973
Vehicle Expenses , ,312
Other , ,141
718,620 1,094,982
Cash Profit , ,299
Depreciation , ,052
Net Operating Surplus (45,945) ,247
Other Income , ,186
Net Surplus/(Deficit) , ,433

3. Sales Analysis

4. Revenue / Expenses

5. Balance Sheet Summary 2017 2018 Current Assets 233,580 486,892
Current Assets 233, ,892
Fixed Assets , ,976
Total Assets , ,056,868
Current Liabilities 51, ,353
Non Current Liabilities 60, ,787
Total Liabilities 112, ,140
Net Assets , ,728

6. Balance Sheet

7. Cash Position Current Position Current balance $160k (15 March)
Includes membership sales of $131k
$185k in the emergency fund on TD ($110k added this year)
Key cash flow items in addition to planned maintenance;
Repay contributor loans $61k total. $21k being donated, $33k to be paid back , $7k tbd
Road Maintenance $55k ($110k total project, partnering with Edridge $45k and Findlater $10k) )
2 new Snowguns $90k ski industries (1/3 paid balance over 2 years)
In touch upgrade $20k
Communications upgrade $10k