tag:blogger.com,1999:blog-988599552908585128.post3350408145236996470..comments2023-10-16T01:09:58.286-07:00Comments on BC Iconoclast: BC Conservative FinancesBernardhttp://www.blogger.com/profile/15951619465188564252noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-988599552908585128.post-25669401889821657962012-09-27T09:19:06.173-07:002012-09-27T09:19:06.173-07:00I was emailed a very blurry first page of the bala...I was emailed a very blurry first page of the balance sheet but it does not add anything else other than confirmed net assets of $95,131.48.<br /><br />What I would be interested in is the monthly cash flow figuresBernardhttps://www.blogger.com/profile/15951619465188564252noreply@blogger.comtag:blogger.com,1999:blog-988599552908585128.post-82892501535696574912012-09-27T08:59:05.619-07:002012-09-27T08:59:05.619-07:00Thanks BvS.
Do you know where to find a complete ...Thanks BvS.<br /><br />Do you know where to find a complete copy of that document online?<br />I tried the BCCP site.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-988599552908585128.post-55716393690574455582012-09-26T11:27:48.779-07:002012-09-26T11:27:48.779-07:00The surplus from 2011 should not be part of the cu...The surplus from 2011 should not be part of the current year revenues. The page is an revenue/expenditure page and not assets/liablitiesBernardhttps://www.blogger.com/profile/15951619465188564252noreply@blogger.comtag:blogger.com,1999:blog-988599552908585128.post-62867091390021348432012-09-26T11:12:43.596-07:002012-09-26T11:12:43.596-07:00I am not an accountant as the following will surel...I am not an accountant as the following will surely show.<br /><br />The picture of the BCCP income statement includes a column for "2011 Actual (Audited)" where "Total Revenue" is $212,797.35 and "TOTAL EXPENSE" is $98,445.94 for a "NET SURPLUS (DEFICIT)" of <b>$111,071.41</b><br /><br />So where is that <b>$111,071.41</b> now?<br /><br />Is the <b>$111,071.41</b> part of the $197,399.46 listed as "REVENUE - Contributions & Donations Revenue - Contribution, Donation & Membership"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-988599552908585128.post-80573543777493875422012-09-25T19:52:13.482-07:002012-09-25T19:52:13.482-07:00If they raised $199,879.46 from Jan.1-Aug.31, and ...If they raised $199,879.46 from Jan.1-Aug.31, and had a deficit of $20,194.93, that means they spent about $220,000 for the entire year, less the $60,000 they spent from January 1-April 19th, so they spent $160,000.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-988599552908585128.post-48278644216749280722012-09-25T19:46:27.319-07:002012-09-25T19:46:27.319-07:00They had $95,000 in the bank at August 31st, the $...They had $95,000 in the bank at August 31st, the $20,000 deficit is expenses for the year in excess of revenue. Therefore, from April 19th to August 31st, they spent the $110,000 they raised plus another $20,000 of what they had in the bank, for a total of $130,000, not $275,000.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-988599552908585128.post-87341711561407310972012-09-25T15:43:31.125-07:002012-09-25T15:43:31.125-07:00"...the party spent $274,969.63 between April...<i>"...the party spent $274,969.63 between April 20th and August 31st. That is $2067.44 per day."</i><br /><br />After the humiliating bi-election loss the BCCP knew they were sinking faster than the Titanic and spent like drunken sailors on shore leave.Anonymousnoreply@blogger.com