ALIA annual report

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Finances

Notes to and forming part of the accounts

[continued]

	2002 $	2001 $
Revenue from operating activities
Membership	1057042	1055545
inCite and other publishing	303015	285883
Conferences	14895	228456
Division services	111110	167424
Other	51115	49055
1537177		1786363

Revenue from outside the operating activities
Rental income received/receivable	283367	268971
Interest received/receivable	175345	310540
Proceeds on sale of non-current asset	5023	200
2000912		2366074

3. Operating surplus/(deficit)

	2002 $	2001 $
Surplus/(deficit) from ordinary activities includes the following specific net gains and expenses:	(339311)	(118236)
Net gains
Interest received/receivable
Non-related persons and/or corporations	175345	310540
Profit/(loss) on sale of non-current asset	(5243)	54
Rent received/receivable
Non-related persons and/or corporations	283367	268971
Expenses
Interest paid/payable
Non-related persons and/or corporations	92354	117502
Depreciation
Buildings	96000	96000
Plant and equipment	66520	38316
162520		134316
Amortisation
Lease incentive	-	5988
Other charges against assets
Bad and doubtful debts - trade debtors	-	545
Other provisions
Employee entitlements	4190	14 860
Remuneration of auditors
Amounts received, or due and receivable, by the auditors for
* auditing the accounts of the Association	24000	22000
* other services	-	9105

4. Cash assets

	2002 $	2001 $
ALIA national office	(5597)	14189
Divisions/groups	422041	483682
Conferences	37713	14584
Other	1263	-
455420		512455

5. Receivables

	2002 $	2001 $
Trade debtors	59452	47587
Less: Provision for doubtful debts	(1000)	(1000)
58452		46587
Other debtors	47927	242543
106379		289130

i. Significant terms and conditions
Trade debtors are required to be settled within thirty 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 per cent

A a