INTERNATIONAL OLYMPIAD IN INFORMATICS
INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2004
$ $
30.06.04 30.06.03
Income 20856.00 22455.01
Text Box:                  19303.00
                   1553.00
Registration fees
Interest received
Expenditure  $         13,905.00  $     10,605.31
Audit fees  $              143.00  $                 -  
Bank charges  $              145.00  $          134.89
Executive directors fees  $           8,714.00  $       6,638.83
Postages  $              953.00  $                 -  
Printing and design  $              521.00  $          144.21
Travel expenses  $           3,031.00  $       2,426.40
Website costs  $              398.00  $       1,260.98
Text Box:                   6,951.00
Text Box:                  11,849.70
 
Retained earnings for the year
Rate of exchange for tax purposes : 1$=R7
INTERNATIONAL OLYMPIAD IN INFORMATICS
BALANCE SHEET FOR THE YEAR ENDED 30 JUNE 2004
$ $
30.06.04 30.06.04
ASSETS
Current assets
cash resources 37137 21130
 
Total assets 37137 21130
EQUITY AND LIABILITIES
Capital and reserves
Distributable reserves 37137 21130
Total equity and liabilities 37137 21130