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ATTACHMENT 4
<br />Review of the Oval's Financial Performance
<br />1995 Revenues
<br />Revenues Pro.jected '95 Actual Difference
<br />Ice rental $ 162,855 $107,840 $ (55,015)
<br />Dry floor 10,500 21,854 11,354
<br />Skate rental 5,250, 7,099 1,849
<br />Skate sharpening 2,100 2,036 (64}
<br />Advertising 10,000 - (10,000)
<br />Sponsorships 10,000 28,000 18,000
<br />Concessions 31,500 38,950 7,450
<br />Pro shop 21,000 2,093 (18,907)
<br />Meeting room 5,250 (S,2S0}
<br />Admissions _ 4,887 4,887
<br />Commissions 694 694
<br />Miscellaneous _ 6,334 6,334
<br />Total Revenues $258,455 $219,788 $ (22,262)
<br />1995 Expenditures
<br />Expenditures Pro.jected '95 Actual Difference
<br />Salaries & wages $75,190 $153,788 $ 78,598
<br />Benefits L�l, F��� 11 �,�'� 8]
<br />Insurance .;, I 5� I�,�Oi] 7F35[h
<br />Maintenance �, I }� �,��3 � , 3��
<br />Supplies :�,(F90 �_7�j I 6 � � [� i
<br />Administration �, I ?[� 1�.��5 g,� � �
<br />Marketing :{,tM)[F �,0 L � �,��y
<br />Proshop Irl,�tic� ?�,R�& 1��,3��
<br />Concessions I �,�rll� I �,Utl.� ((,0��
<br />Utilities ;�,[�M� ��,9�� ��,#��!�
<br />Training L,?�S I,���
<br />Depreciation - ? Oa : `) S � �i,1�,�56
<br />Interest on loan - ?�:u�?Q �g.r�pp
<br />Interest exvense - ��. �.� .� G�3,� � ;
<br />Miscellaneous 2,060 I4,428 12,368
<br />Total Expenditures $175,798 $677,226 $501,428
<br />Net from operations $82,657 (457,438) (374,781)
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