@ CASH EXPLNDITURES

The amount of expenditures reported is $297,670 and also includes in-kind
donations and excludes volunteer labour. The amount of cash expenditures is
$143,923. The Festival financial records indicate that 58% of this amount was spent
in the Nanaimo area. The principal expenditures are:

Food, beverages, maple products $7,496
Travel and accommodation $9,308
Salaries and contractors $29,792
Performers $23,554
Office and administration $ 9,161
Materials and equipment $23,456
Presentations $12,500
Marketing and Advertising $25,384
Miscellaneous $3,272
Total $143,923
Total spent in Nanaimo $ 84,000

@ IN-KIND INCOME 7 EXPENDITURES

The total amount of in-kind income/ expenditures is $153,747. Festival records
indicate that 65% of this amount was spent in the Nanaimo area.

Marketing and Advertising $96,174
Equipment rentals and donations $10,953
Materials, accessories and food $18,715
Professional services $26,430
Total $153,747
Total spent in Nanaimo $100,543

It is important to take into account any double counting of income, as it moves
through the economic system. There are a number of items in the organization’s
revenues that are already counted as participant expenses in the survey. These add
up to $34,264 and include food and beverage sales, maple product sales, ticket sales
and registrations.

Nanaimo Maple Sugar Festival 2004.4 study of cconomic and not-cconontic iinpacts on the Nanaimo area 22