Notes to and forming part of the accounts

2. Operating revenue

   	1997 $	1996 $
   Subscription and sales revenue	2 005 484	2 348 837
   Other revenue
   Rental income received/receivable	268 607	357 708
   Interest received/receivable	327 854	376 744
   Proceeds on sale of non-current asset	550	21 000
   	2 602 495	3 104 289

   
   
   
3. Operating surplus
   Operating surplus before abnormal item and income tax is arrived at after crediting and charging the following specific items:

   Credits
   Interest received/receivable
   Non-related persons and/or corporations	327 854	376 744
   (Loss)/profit on sale of non-current asset	(3 615)	4 843
   Rent received/receivable
   Non-related persons and/or corporations	268 607	357 708
   Charges
   Interest paid/payable
   Non-related persons and/or corporations	129 480	130 167
   Depreciation
   Buildings	96 231	96 231
   Plant and equipment	93 363	91 448
   Total depreciation	189 594	187 679
   Amortisation
   Plant and equipment under finance leases	10 214	16 706
   Other provisions
   Employee entitlements	17 798	(24 641)
   Remuneration of auditors
   Amounts received, or due and receivable, by the auditors for auditing the accounts of the Association	19 500	19 500
   Other services	5 260	5 500

   
   
   
4. Cash at bank and on hand

   ALIA national office	435 222	184 785
   Branches	218 193	164 682
   Sections	174 580	152 000
   Conferences	237 472	294 077
   	1 065 467	795 544

   
   The above figures do not include cash which is part of the voucher fund investments and are reconciled to cash at the end of the financial year as shown in the statement of cashflows as follows:
   

   Balances as above	1 065 467	795 544
   Add: Short-term deposits	1 572 019	1 319 876
   Balances per statement of cashflows	2 637 486	2 115 420

   
   
   
5. Receivables

   Trade debtors	20 567	32 712
   Less: Provision for doubtful debts	(1 683)	((4 220)
   Other debtors	83 552	105 804
   	102 436	156 614

   i. Significant terms and conditions
   Trade debtors are required to be settled within 30 days

   ii. Credit risk
   The Association does not have any significant exposure to any individual customer or counterparty
   Major concentrations of credit risk arise from the Association's receivables in relation to the industry categories and location of customers by the percentage of the total receivables from customers are:
   Publications advertising 100%