AUSTRALIAN CATTLE DOG CLUB AMERICA INCOME STATEMENT FOR THE 9 PERIODS ENDED MAY 31, 2005 ___ QUARTER TO DATE ___ ____ YEAR TO DATE _____ ACTUAL PERCENT ACTUAL PERCENT Receipts Membership $300.00 4.3 % 7,794.50 17.6 Quarterly Ads 1,684.00 24.3 1,764.00 4.0 Quarterly Subscriptions 790.00 11.4 4,849.00 10.9 Inquiries .00 .0 25.00 .1 2004 Specialty - California .00 .0 22,420.21 50.6 2004 Specialty Sponsorship .00 .0 1,500.00 3.4 Sponsorship - Nature's Variety .00 .0 1,580.00 3.6 Trophy Donations - Tenn. 4,135.00 59.7 4,135.00 9.3 Other Income .00 .0 206.00 .5 CD Interest 20.94 .3 53.37 .1 --------------- ------- --------------- ------- TOTAL Receipts 6,929.94 100.0 44,327.08 100.0 --------------- ------- --------------- ------- Gross Receipts 6,929.94 100.0 44,327.08 100.0 Activity Expenses Quarterly Cost 2,738.60 39.5 8,451.54 19.1 Directory Printing & Mailing 4,287.37 61.9 4,287.37 9.7 Report Prining & Mailing .00 .0 47.20 .1 Awards .00 .0 874.50 2.0 AKC Delegate Expense 699.78 10.1 699.78 1.6 Secretary Expense 161.20 2.3 968.60 2.2 Insurance - Club Liability 932.00 13.4 932.00 2.1 ACDCA.org Webpage Expense 89.50 1.3 109.40 .2 AKC Dues .00 .0 25.00 .1 Bank Charges 66.00 1.0 192.30 .4 Bad Check Charges/Revenue (221.00) (3.2) (40.00) (.1) 2004 Specialty (Calf.) 1,506.72 21.7 39,815.63 89.8 2004 Herding Trial Expense .00 .0 1,131.00 2.6 2004 Trophy Expense 25.26 .4 2,171.26 4.9 2004 Obedience Trial Expense .00 .0 281.36 .6 2005 Specialty (Tenn) 330.00 4.8 330.00 .7 2005 tropy Expense - Tenn 1,239.46 17.9 1,239.46 2.8 --------------- ------- --------------- ------- TOTAL Activity Expenses 11,854.89 171.1 61,516.40 138.8 --------------- ------- --------------- ------- Change from Activities (4,924.95) (71.1) (17,189.32) (38.8) Other Non Cash Expense Depreciation Expense (214.11) (3.1) (642.33) (1.4) --------------- ------- --------------- ------- TOTAL Other Non Cash Expense (214.11) (3.1) (642.33) (1.4) --------------- ------- --------------- ------- Net Change from Activities (5,139.06) (74.2) (17,831.65) (40.2) --------------- ------- --------------- ------- Change Activities & Asse $(5,139.06) (74.2)% (17,831.65) (40.2) =============== ======= =============== ======= AUSTRALIAN CATTLE DOG CLUB AMERICA BALANCE SHEET MAY 31, 2005 Assets Current Assets Checking Account $19,545.87 Savings Account 14,164.57 --------------- TOTAL Current Assets 33,710.44 Fixed Assets Computer Equipment 2,676.50 Accumulated Depreciation (2,034.05) --------------- TOTAL Fixed Assets 642.45 --------------- TOTAL Assets $34,352.89 =============== Liabilities AND Equity --------------- TOTAL Liabilities .00 Equity Member's Equity - Prior 52,184.54 Member's Equity - Current Year (17,831.65) --------------- TOTAL Equity 34,352.89 --------------- TOTAL Liabilities AND Equity $34,352.89 ===============