| |
Statement of Operations
for the year ended March 31, 2009
| |
2009 $ |
2008 $ Note 14 |
| REVENUES |
|
|
| Registration fees |
10,202,978 |
8,600,269 |
| Interest |
319,838 |
496,147 |
| Certification fees |
142,000 |
140,000 |
| Application fees |
19,000 |
25,000 |
| Other revenue |
596 |
14,381 |
| |
10,684,412 |
9,275,797 |
| OPERATIONAL EXPENSES |
|
|
| Salaries and benefits |
4,186,373 |
3,263,428 |
| Consulting |
1,622,015 |
970,471 |
| Computer operations and networking |
871,001 |
665,732 |
| Travel and corporate relations |
422,966 |
361,705 |
| Rent |
299,351 |
257,443 |
| Products and media |
190,708 |
427,347 |
| Memberships |
161,309 |
150,188 |
| Office and general |
118,332 |
362,779 |
| Staff training and development |
99,302 |
55,704 |
| Meetings |
95,248 |
117,477 |
| Office telecommunications |
92,749 |
100,165 |
| Loss on disposal of equipment |
60,726 |
2,940 |
| Translation |
45,183 |
22,444 |
| Insurance |
41,927 |
50,020 |
| Bank charges and interest |
7,652 |
4,817 |
| Amortization Note 4 |
1,390,907 |
603,604 |
| |
9,705,749 |
7,416,264 |
Excess of Revenues over
Expenses for the Year |
978,663 |
1,859,533 |
|
|
|
