Ecky wrote:I don't think any of that is related to this decrease.
From 2012-2013 liquor profits decreased by $163K, bistro and function centre profits decreased by $119K and pokie profits decreased by $14K.*
*all subject to me understanding the financial statements correctly
The Football Club's income from Transfers, Sponsorship, SANFL Dividend was down by $100k from 2012.
Also a grant of $255k was received in 2012 - this compares to a grant of $25k in 2013. Having a grant like that in 2012 masks an underlying income problem that is laid bare when that grant money falls away!
Footy expenditure up by $60k but they managed to reduce admin expenses by $115k.