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

2. Executive Summary Achievements  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.

3. Profit and Loss Statement Profit & Loss Statement - through period MTDYTD Revenue Affiliation Fees - - Sponsorships - - Copyright - - Conf 2016 - - Council / Conference Profits - - Unknown - 500.00 Donation - - Interest 38.65 162.64 Total Revenue 38.65 662.64 Expense Administration - - Scholarship - - Equity Grant - 500.00 Insurance - - O-week - - Asia Conf - 3,682.46 Conf 2015 - 1,547.00 Conf 2016 - 5,000.00 Council - 810.00 Misc - 704.28 Total Expenses - 12,243.74 Net Profit for period 38.65- 11,581.10

4. Balance Sheet Balance Sheet - as at period end Bank Accounts Everyday Account 89,645.32 Deposit Bearing 0.11 Equity Trust Fund 365.68 Emergency Reserve 29,763.99 Alumni Scholarships Trust Fund 991.77 Total Bank Accounts 120,766.87 Other Assets Accounts ReceivableSponsor - Affiliation Fees - Conf 2014 - Conf 2015 - Total Other Assets - Liabilities Accounts Payable- 1,500.00 Total Other Assets - 1,500.00 Net Assets 119,266.87 Net Profit for period - 11,581.10 Retained Earnings 130,847.97 Total Equity 119,266.87

5. Budget Profit & Loss Statement - Year to date ActualForecastVariance2014-15 Revenue Affiliation Fees - 14,500 15,000 Copyright - - -7,540 Sponsorships - 45,000 42,400 Conference 2015 - - -25,217 Council Profits - - -160 Interest 163 650 487648 Donation - - -500 Unknown 500 -- 500252 Total Revenue 663 60,150 59,487 91,717 Expense President O-week - - -2,738 VP Education 2,500 Mental Health Video - - -1,000 Wellbeing Guide - - -1,040 NEC Prize - - -1,000 Conf - Education - - -0 Design Academic Journal - - -0 Careers Guide - - -0 TJMF - - -0 VP Administration 500 ALSA Awards - - -0 VP Finance Alumni - 2,500 0 Risk Management Iniative - - -9,350 Scholarship - 3,000 2,850 Marketing - 4,000 0 Sponsorships - 500 0 Central (administered by VPF) Administration - 2,000 1,796 Equity Grant 500 4,500 4,0005,860 Telephone - - -0 Insurance - 6,000 3,722 Amount to be processed - - -0 Bad Debt Write-off - - -1,500 Misc 704 650- 540 Unknown - - -0 Conferences Asia Conf 3,682 5,000 1,3183,023 NZ Conf - 3,000 3,496 NZ Conf Back Payment - - -2,177 Conference 2016 5,000 12,000 7,000 Conference 2015 1,547 -- 1,54712,081 Conference 2014 back payment - - -1,345 Council 810 14,000 13,19016,893 Planning Weekend - - -1,527 Total Expenses 12,244 60,150 47,906 71,398 Net Profit- 11,581 -11,581 20,319

6. Proposals  Reduce Affiliation Fees  Reduce Council Costs  Increase Reimbursement of Committee Members  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

7. Questions?