|
CURRENT MONTH
<br />DESCRIPTION
<br />YEAR -TO -DATE
<br />CURRENT
<br />FORECAST
<br />ANNUAL
<br />BUDGET
<br />ACTUAL
<br />PCT
<br />BUDGET
<br />PCT
<br />VARIANCE
<br />LAST YEAR
<br />VARIANCE
<br />ACTUAL
<br />PCT
<br />BUDGET
<br />PCT
<br />VARIANCE
<br />LAST YEAR
<br />VARIANCE
<br />1.646
<br />1550
<br />96
<br />356
<br />1.290
<br />TOTAL FACILITY ROUNDS
<br />3A02
<br />2,450
<br />952
<br />356
<br />3 .046
<br />35.952
<br />35.000
<br />1,313
<br />1.170
<br />143
<br />190
<br />1.123
<br />TOTAL GREEN FEE ROUNDS
<br />1548
<br />1524
<br />24
<br />190
<br />1858
<br />28.652
<br />28.628
<br />115
<br />0
<br />115
<br />0
<br />115
<br />TOTAL RESTAURANT COVERS
<br />115
<br />f
<br />115
<br />0
<br />115
<br />18.115
<br />18.000
<br />102
<br />0
<br />102
<br />0
<br />102
<br />TOTAL BANQUET COVERS
<br />102
<br />f
<br />102
<br />0
<br />102
<br />1.502
<br />1.400
<br />Revenues
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />0
<br />MEMBERSHIP DUES GOLF SOCIAL
<br />0
<br />0%
<br />0
<br />0
<br />0
<br />0
<br />0
<br />LI
<br />7,897
<br />11%
<br />4,700
<br />6%
<br />3,197
<br />1,610
<br />0,287
<br />LOYALTY PASS INITIATION FEES
<br />16,388
<br />14%
<br />7,520
<br />8,
<br />20110
<br />13,978
<br />88,768
<br />79,900
<br />8,305
<br />11%
<br />11,235
<br />14%
<br />(2,930)
<br />09,7
<br />7 410
<br />ANNUAL PASS INITIATION FEES
<br />22,140
<br />18%
<br />17,695
<br />4,447
<br />4,070
<br />17,470
<br />76,370
<br />71,925
<br />35,207
<br />47%
<br />35,460
<br />45%
<br />(253)
<br />0,400
<br />20,007
<br />GREEN FEES
<br />41,336
<br />24%
<br />46,
<br />6400
<br />34,936
<br />886,931
<br />891,725
<br />8,620
<br />12%
<br />6,580
<br />8%
<br />2,032
<br />1,610
<br />7,002
<br />DRIVING RANGE
<br />13,587
<br />1131.
<br />10,414
<br />3,173
<br />2,772
<br />10,815
<br />151,927
<br />148,754
<br />7,773
<br />10%
<br />9,455
<br />12%
<br />(1,682)
<br />2 ,571
<br />5,202
<br />GOLF CART RENTALS
<br />13,159
<br />11%
<br />14,945
<br />2,071
<br />10,588
<br />211,715
<br />213,501
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />0
<br />TRAIL FEES
<br />0
<br />1%
<br />0
<br />0
<br />0
<br />i I
<br />0
<br />n
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />0
<br />LOCKER RENTAL FEES
<br />0
<br />LII
<br />0
<br />0
<br />0
<br />LI
<br />0
<br />LI
<br />(2,098)
<br />-3%
<br />980
<br />1%
<br />(3,086)
<br />26
<br />OTHER& MSCELLANEOUS GOLF
<br />(2„
<br />1,214
<br />(140)
<br />18,208
<br />21,754
<br />3,417
<br />5%
<br />6,588
<br />8%
<br />(3,171)
<br />955
<br />2,462
<br />GOLF SHOP MERCHANDISE
<br />8,083
<br />755
<br />104E
<br />S,
<br />2,291
<br />7,792
<br />14642:3
<br />14 ,752
<br />3,078
<br />4%
<br />2,945
<br />4%
<br />133
<br />22
<br />3,076
<br />F&B ON-COURSE
<br />5,679
<br />5%
<br />4,657
<br />1023
<br />22
<br />6,657
<br />67,725
<br />66,703
<br />734
<br />1%
<br />0
<br />0%
<br />734
<br />477
<br />257
<br />F &B RESTAURANT
<br />734
<br />I%
<br />0
<br />724
<br />538
<br />196
<br />12,276
<br />121,502
<br />1,821
<br />2%
<br />0
<br />0%
<br />1,821
<br />0
<br />'1,021
<br />F &B BANQUET
<br />1,821
<br />2%
<br />0
<br />1,821
<br />'125
<br />1,606
<br />25,022
<br />20,002
<br />(300)
<br />0%
<br />0
<br />0%
<br />(3001
<br />0
<br />OTHER F88(ROOM EQUIPMENT. ETC.)
<br />(224)
<br />0%
<br />0
<br />0
<br />(224,
<br />0
<br />74,453
<br />1001,
<br />77,959
<br />100",
<br />13.5061
<br />14.574
<br />59.879
<br />TOTAL REVENUES
<br />120.371
<br />100
<br />112.987
<br />100
<br />7.384
<br />21,651
<br />98.720
<br />1.799.702
<br />1.792318
<br />Less: Cost of Sales
<br />2,650
<br />78%
<br />4,914
<br />5%
<br />2264
<br />639
<br />GOLF SHOP MERCHANDISE
<br />6,967
<br />7,768
<br />0 01
<br />1,813
<br />110,167
<br />110,908
<br />1,805
<br />34%
<br />1,007
<br />57%
<br />745
<br />FOOD BEVERAGE
<br />3,036
<br />1,71 7
<br />57'.
<br />418
<br />52,22,1
<br />00,012
<br />4.454
<br />6.001
<br />1.547
<br />1.384
<br />(3.070)
<br />TOTAL COST OF SALES
<br />10.003
<br />9 .485
<br />1518)
<br />2.731
<br />(7.272)
<br />192.398
<br />191.880
<br />69.999
<br />71.958
<br />11.959)
<br />13.190
<br />56.809
<br />GROSS PROFIT
<br />110.368
<br />103.502
<br />6.866
<br />18.920
<br />91.448
<br />1.607.304
<br />1.600.438
<br />P3060110014 Benefits
<br />11,240
<br />15%
<br />12,389
<br />16%
<br />1,149
<br />5,147
<br />(6,095)
<br />GOLF OPERATIONS
<br />23,948
<br />20%
<br />28,342
<br />25%
<br />4,393
<br />13,354
<br />110,554)
<br />176,795
<br />181,188
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />LI
<br />0
<br />GOLF SHOP MERCHANDISE
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />B
<br />0
<br />0
<br />0
<br />12,731
<br />17%
<br />16,339
<br />21%
<br />3,608
<br />15,'207
<br />3,176
<br />GOLF COURSE MAINTENANCE
<br />31,678
<br />26%
<br />34,979
<br />31%
<br />3,301
<br />40,023
<br />8,340
<br />297,961
<br />301,262
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />LI
<br />0
<br />LANDSCAPING
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />11
<br />0
<br />0
<br />2,397
<br />3%
<br />5,359
<br />7%
<br />2,962
<br />5,915
<br />3,518
<br />FOOD BEVERAGE
<br />2,922
<br />2%
<br />5,359
<br />5%
<br />2437
<br />15,343
<br />12,421
<br />76,355
<br />78,792
<br />6,163
<br />8%
<br />14,312
<br />18%
<br />8,149
<br />11,331
<br />5,168
<br />GENERAL ADMNISTRATIVE
<br />36,654
<br />30%
<br />42,935
<br />38%
<br />6,282
<br />28,954
<br />165,459
<br />171,741
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />0
<br />MARKETING
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />5421
<br />5,421
<br />0
<br />0
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />II
<br />0
<br />CLUBHOUSE
<br />II
<br />0%
<br />0%
<br />0
<br />0
<br />0
<br />0
<br />0
<br />32,531
<br />44%
<br />48,399
<br />62%
<br />15,868
<br />38,293
<br />5,767
<br />TOTAL PAYROLL AND BENEFITS
<br />95201
<br />79'%
<br />111.615
<br />99%
<br />16,413
<br />103085
<br />7.884
<br />716.570
<br />732,983
<br />Opel'afino Expenses
<br />2,075
<br />4%
<br />1,750
<br />2%
<br />1 925,
<br />430
<br />GOLF OPERATIONS
<br />3,356
<br />050
<br />1,750
<br />2%
<br />(1,606)
<br />1,639
<br />2,421
<br />22,025
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />Li
<br />9
<br />GOLF SHOP MERCHANDISE
<br />LI
<br />0%
<br />(5)
<br />LI
<br />5
<br />0
<br />7,221
<br />10%
<br />7,075
<br />9%
<br />3,646
<br />GOLF COURSE MAINTENANCE
<br />10,505
<br />9%
<br />10,945
<br />10%
<br />(20)
<br />7 ,757
<br />143,165
<br />143,145
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />C
<br />LANDSCAPING
<br />0
<br />054
<br />0
<br />0%
<br />0
<br />0
<br />0
<br />0
<br />401
<br />1%
<br />2,000
<br />3%
<br />1,539
<br />I I
<br />COURSE ELECTRIC WATER PUMPING
<br />269
<br />0%
<br />4,000
<br />4%
<br />3,731
<br />1,360
<br />1,091
<br />21,260
<br />25,000
<br />2,821
<br />4%
<br />4,010
<br />5%
<br />1,189
<br />2.
<br />FOOD BEVERAGE
<br />4,132
<br />3%
<br />5,000
<br />4%
<br />948
<br />676
<br />21,727
<br />22,675
<br />3,132
<br />4%
<br />4,536
<br />6%
<br />1404
<br />.=,f
<br />GENERAL &ADMNISTRATIVE
<br />9,986
<br />0,0
<br />0194
<br />8%
<br />(892)
<br />5,005
<br />72442
<br />71,550
<br />7,637
<br />10%
<br />3,275
<br />4%
<br />(4,362)
<br />1,5
<br />MARKETING
<br />15,268
<br />1'336
<br />10,475
<br />9%
<br />(4,793)
<br />2,228
<br />611093
<br />55,300
<br />3,819
<br />5%
<br />4,882
<br />6%
<br />1063
<br />3,749
<br />CLUBHOUSE
<br />11,104
<br />9%
<br />17296
<br />12%
<br />2,192
<br />8,518
<br />67,342
<br />69,534
<br />28.065
<br />38%
<br />27,528
<br />35',
<br />1537)
<br />12.834
<br />231)
<br />TOTAL OPERATING EXPENSES
<br />55.106
<br />46'(
<br />54.660
<br />48'
<br />1446)
<br />25.013
<br />(30.093)
<br />409.675
<br />409.229
<br />60.5%
<br />81%
<br />75.927
<br />97',
<br />15.331
<br />51.
<br />164)
<br />TOTAL PAYROLL AND OPERATING EXPENSES
<br />150.307
<br />125
<br />166.275
<br />147',
<br />15.968
<br />128.098
<br />122.209)
<br />1.126.244
<br />1.142.212
<br />9.403
<br />13%
<br />13.969)
<br />-5%
<br />13.372
<br />47.345
<br />NET OPERATING INCONE
<br />1,111:
<br />22,833
<br />1 "-.1 `2:.
<br />69.239
<br />481.059
<br />458.226
<br />1,523
<br />2%
<br />0
<br />0%
<br />),52 -3,
<br />0
<br />MANAGEMENT FEE
<br />(62,755)
<br />-52.7
<br />0
<br />0%
<br />62,795
<br />0
<br />62,795
<br />(62,795)
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />MANAGEMENT INCENTIVE FEE
<br />LI
<br />0
<br />0
<br />0%
<br />0
<br />0
<br />U
<br />0
<br />3490
<br />5%
<br />3,200
<br />4%
<br />(290)
<br />LI
<br />MAINTENANCE EOUIPNENT LEASES
<br />10,6,166
<br />9%
<br />9,600
<br />8%
<br />(1,026)
<br />1117,146
<br />106,120
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />GOLF CART LEASES
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />71,660
<br />71,660
<br />3,998
<br />5%
<br />4,000
<br />5%
<br />2
<br />3,990
<br />INSURANCE (NON WORKERS' COUP)
<br />11,994
<br />10%
<br />12,000
<br />11%
<br />6
<br />7,996
<br />47,994
<br />47,000
<br />392
<br />1%
<br />0
<br />0%
<br />(392)
<br />LI
<br />INTEREST AND DEPRECIATION (DEBT SERVICE
<br />2315
<br />x%
<br />0
<br />0%
<br />(235)
<br />0
<br />180,235
<br />130000
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />PERSONAL AND PROPERTY TAXES
<br />0
<br />0 °6
<br />0
<br />0%
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />LI
<br />ASSESSMENTS
<br />LI
<br />u-,
<br />0
<br />0%
<br />0
<br />0
<br />LI
<br />9
<br />LI
<br />0
<br />0%
<br />0
<br />0%
<br />0
<br />0
<br />MSCELLANEOUS
<br />0
<br />020
<br />0
<br />9'%
<br />0
<br />0
<br />0
<br />0
<br />9,403
<br />7200
<br />9%
<br />(2,203)
<br />3,998
<br />15,405)
<br />TOTAL OPERATING EXPENSES
<br />(39.939)
<br />-33',
<br />21.000
<br />191,
<br />61,539
<br />7596
<br />47,935
<br />324,241
<br />385.780
<br />0
<br />0%
<br />111.169)
<br />-14:7
<br />11.169
<br />1415401
<br />41,940
<br />NET INC ONE
<br />0
<br />=55
<br />84,373
<br />1117.1741
<br />117,174
<br />156.819
<br />72.440
<br />0%
<br />0%
<br />-14%
<br />0%
<br />14%
<br />0%
<br />0%
<br />NET INC ONE"
<br />0',
<br />75%
<br />0%
<br />0%
<br />0
<br />0
<br />0
<br />0
<br />0
<br />NEW NENEERSHIP DEPOSITS -GROSS
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />NEW NENBERSHIP DEPOSITS I CASH)
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />FINANCED DEPOSITS REC'D
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />(LESS: NENEERSHIP REFUNDS)
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />TOTAL CASH RECEIVED
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />COAL CREEK GOLF COURSE
<br />CONSOLIDATED INCOME STATEMENT
<br />FOR THE PERIOD ENDED
<br />March 2011
<br />
|