Financial Statements
| CLUB |
| OPERATING RESULTS |
YTD ACTUALS |
|
YTD BUDGET |
|
31-Dec-11 |
|
31-Dec-11 |
| Revenue |
$5,697,000 |
|
$5,523,000 |
| Expense |
$5,401,000 |
|
$5,539,000 |
| Net Results |
$296,000 |
|
$(16,000) |
|
|
|
|
| BALANCE SHEET |
ACTUALS |
|
ACTUALS |
|
31-Dec-11 |
|
31-Dec-10 |
| Assets |
$3,547,000 |
|
$3,151,000 |
| Liabilities |
$2,063,000 |
|
$1,948,000 |
| Members' Equity |
$1,484,000 |
|
$1,203,000 |
| ASSOCIATION |
| OPERATING RESULTS |
YTD ACTUALS |
|
YTD BUDGET |
|
31-Dec-11 |
|
31-Dec-11 |
| Revenue |
$3,400,000 |
|
$3,396,000 |
| Expense |
$3,414,000 |
|
$3,657,000 |
| Net Results |
$(14,000) |
|
$(261,000) |
|
|
|
|
| BALANCE SHEET |
ACTUALS |
|
ACTUALS |
|
31-Dec-11 |
|
31-Dec-10 |
| Assets |
$399,000 |
|
$280,000 |
| Liabilities |
$ - |
|
$ - |
| Members' Equity |
$399,000 |
|
$280,000 |
|
|
|
|
| HOME OWNERS/ESTATES |
| OPERATING RESULTS |
YTD ACTUALS |
|
YTD BUDGET |
|
31-Dec-11 |
|
31-Dec-11 |
| Revenue |
$113,000 |
|
$113,000 |
| Expense |
$116,000 |
|
$122,000 |
| Net Results |
$(3,000) |
|
$(9,000) |
|
|
|
|
| BALANCE SHEET |
ACTUALS |
|
ACTUALS |
|
31-Dec-11 |
|
31-Dec-10 |
| Assets |
$16,000 |
|
$9,000 |
| Liabilities |
$ - |
|
$ - |
| Members' Equity |
$16,000 |
|
$9,000 |
|
