AAAGP Treasurer's Report

Financial Year 1999-2000.

Assets as at 30/6/99

$12,610.75

NAB Account

Opening balance

$4,528.76

DEBITS

Administration payments 345.00
Teleconference charges 737.65
Postage 271.35
RUSC consultancy payments 5,000.00

Tax

29.86
  BAD 16.90
  With-holding tax 5.35
  FID 7.61
Annual Dinner 150.00

TOTAL DEBITS

$6,727.86

Credits

Interest 54.56
Transfer from Bank of Melbourne Term Deposit 2,209.94
Consultancies (RUSC) 5,000.00
Subscriptions 8,285.00

TOTAL CREDITS

$15,549.50

Closing balance

13,350.40

Bank of Melbourne Term Deposit

Opening balance

$8,081.99

DEBITS

Transfer to NAB  $2,209.94
FID 0.09

TOTAL DEBITS

$2,210.03

CREDITS

Interest 283.61

TOTAL CREDITS

$283.61

Closing balance

$6,155.57

TOTAL ASSETS as if 30/6/00

$19,505.97

In summary assets have risen by 54.7% over the financial year due to the increases in subscription payments. There has been an increase in fees and numbers of financial members.

I certify that this statement is a true representation of the finances of the Australian Association for Academic General Practice

Mark Nelson

Honorary Treasurer