STATEMENT OF INCOME AND EXPENDITURE
FOR PERIOD 1 DECEMBER 2002 TO 30 NOVEMBER 2003

DETAILS	1/12/02-30/11/03	1/12/01-30/11/02
	$	$
INCOME
Donations	178,688	159,608
Interest	5,306	5,477
Bequests	15,000	9,102
Bomana Donations	35,000	1,000
Botswana Donations	6,062	4,716
Order of St Lazarus Donations	10,180
Bema Donations	1,480
Sierra Leone Donations	1,200
Sundries		5
TOTAL INCOME	252,916	179,908
EXPENDITURE DIRECT GRANTS
PNG BEMA including Sr Ursula Nihill	1,180	26,634
PNG Kanabea	72,200	59,595
Botswana	6,000	5,000
PNG Boroko Sponsorship of Student Education		10,000
PNG Boroko- Canossian Sisters		500
PNG Cluny Sisters- Projects and Brigidine Teacher Funds	(5,790)	11,300
St Pauls School for the Blind Overseas Aid	59,000	48,000
East Timor Salesians		500
PNG-Waigani- Holy Spirit Seminary_Bomana	27,119	9,608
Community Education	6,823	800
Order of St Lazarus Appeal	10,200
Christian Brothers Foundation		5,000
Columban Fathers- Peru	10,000
Cluny Sisters-Sierra Leone	10,000
TOTAL DIRECT GRANTS	196,732	176,937
OTHER COSTS
Lay Missionary Support Training (Gambia and Boama PNG)	10,242	3,548
ADMINISTRATIVE / PROMOTIONAL COSTS
Postage/Photocopying/Telephone	2,072	1,656
Printing and Stationery	15	288
Appeal Publicity	7,048	8,917
Credit Card Costs	958	745
Depreciation	831	877
Computer supplies and other costs	6,009	5,723
Conference and travel expenses	1,599	122
ACFOA Membership	1,436	1,844
Sundries	483	272
Audit Fees	1,000	1,000
TOTAL ADMIN/PROM COSTS	21,451	21,444
TOTAL EXPENDITURE	228,425	201,929
EXCESS OF INCOME OVER EXPENDITURE (Deficit)	24,491	24,491
TOTAL	252,916	179,908

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STATEMENT OF FUNDS AS AT 30 NOVEMBER 2003

	30/11/03	30/11/02
	$	$
Funds on hand at 1 December	2,164	24,185
add excess of income over expenditure	24,491
less excess expenditure over income		(22,021)
Balancing Item (see Supplementary Statement for details)	5,531
TOTAL	32,186	2,164
Represented by:
Catholic Development Fund	21,641	93,842
CDF Kanabea Mission Account	5,531	0
Computer Equipment	17,431	16,518
less provisions for deprecation	(16,033)	(15,202)
Prepayments	3,462	6,328
Sundry debtors	154	678
Sundry creditors		(100,000)
TOTAL	32,186	2,164

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KANABEA MISSION ACCOUNT NO 57657 S11.1 STATEMENT OF RECEIPTS AND PAYMENT
FOR PERIOD 16 MAY 2003 TO 30 NOVEMBER 2003

DATE	RECEIPTS			PAYMENTS
		$			$
16/05/03	Anon	7,531	25/06/03	MOM	2,000
			30/11/03	Bal c/d	5,531
	TOTAL	7,531		TOTAL	7,531
01/12/03	Bal b/f	5,531

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CASHFLOW FOR THE FINANCIAL YEAR ENDING 30/11/2003

CASHFLOW FROM OPERATING ACTIVITIES	2003	2002
	$	$
Donations Recieved	240,141	165,324
Legacies and Bequests	15,000	9,102
Payments to Suppliers and Employees	(328,214)	(101,819)
Investmnet Income	5,306	5,477
Other Income	2,011	5
Net cash provided by operating activities	(65,756)	78,089
CASHFLOW FROM INVESTING ACTIVITIES
Fixed Asset Purchases	(914)	(1,114)
Proceeds on sale of fixed assets
Net cash provided (used by investing activities)	(914)	(1,114)
CASHFLOW FROM FINANCING ACTIVITIES
Repayment of borrowings
Net cash used in financing activities
Net increase in cash held	(66,670)	76,975
Cash at the beginning of the financial year	93,842	16,867
Cash at the end of the financial year	27,172	93,842

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DONATIONS MONETARY AND NON-MONETARY
FOR PERIOD 1 DECEMBER 2002 TO 30 NOVEMBER 2003

DETAILS	1/12/02-30/11/03	1/12/01-30/11/02
	$	$
Donations	178,688	159,608
Bomana Donations	35,000	1,000
Botswana Donations	6,062	4,716
Order of St Lazarus Donations	10,180	0
Bema Donations	1,480	0
Sierra Leone Donations	1,200	0
Kanabea Mission Fund	7,531
TOTAL	240,141	165,324
Non-Monetary Donations	518,400	643,680
TOTAL DONATIONS	758,541	809,004

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TABLE OF CASH MOVEMENTS FOR DESIGNATED PURPOSES
FOR THE YEAR ENDED 30 NOVEMBER 2003

PURPOSE	CASH AVAILABLE AT BEGINNING OF YEAR	CASH RAISED DURING YEAR	CASH DISBURSED DURING YEAR	CASH AVAILABLE AT END OF YEAR	REMARKS
	$	$	$	$
As per Annual Report	93,842	262,458	329,128	27,172

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OPERATING STATEMENT FOR YEAR ENDED 30 NOVEMBER 2003
	2003	2002
REVENUE	$	$
Donations and Gifts - Monetary and non- monetary (1)	758,541	809,004
Legacies and Bequests	15,000	9,102
Investment Income	5,306	5,477
Other Income	0	5
TOTAL REVENUE	778,847	823,588
DISBURSEMENTS Overseas Projects
* Funds to Overseas Projects (1)	710,309	819,817
* Other Project Costs	10,242	3,548
Domestic Projects
Community Education	6,823	4,620
Fundraising Costs
* Public	7,048	5,098
* Government and Multilaterals
Administration	14,403	12,527
TOTAL DISBURSEMENTS	748,825	845,610
Excess of Revenue over Disbursements (shortfall)	30,022	(22,022)
Funds available for future use at beginning of financial year	2,164	24,185
Amounts transferred to reserves	32,186	2,163
STATEMENT OF FINANCIAL POSITION AS AT 30 NOVEMBER 2003
ASSETS
Cash	27,172	93,842
Investments
Property, plant and equipment	17,431	16,518
Other	3,616	7,006
TOTAL ASSETS	48,219	117,366
LIABILITIES
Creditors and borrowings	0	100,000
Provision for deprecation	16,033	15,202
TOTAL LIABILITIES	16,033	115,202
Net Assets	32,186	2,164
EQUITY
Funds available for future use	32,186	2,164
TOTAL EQUITY	32,186	2,164

Note 1: During the financial year 2002-2003, the St. Paul Overseas Aid Fund (OAF) Committee packed and forwarded to 92 Mission Stations a total of 600 boxes (745 in 01/02) and each weighing an average of 16K and valued overall at $518,400 ($643,680 in 01/02).

Melbourne Overseas Missions Fund Inc. Assisted St Paul's Overseas Aid Fund in meeting the large freight cost on these boxes by contributing $59,000 ($48,000 in 01/02). Any extra freight costs were borne by St Paul's OAF from their own resources. Items contained in the boxes consisted of urgently required medical supplies such as wound dressings and bandages, soap, sheets, blankets and clothing.