Financial Information 2004/2005

Balance Sheet

Cost of Homes

283.8

98%

257.1

89%

Cost of Offices & Equipment

1.9

1%

2.1

1%

Cash & Investments

2.9

0%

1.4

Money Owed To Us

1.8

1%

1.8

1%

Public Subsidy

143

49%

134.9

46%

Money Owed By Us

2.6

1%

2.5

1%

Loans

104.4

36%

89.2

31%

Reserves

32.8

11%

30.2

10%

Property Depreciation

5.9

2%

4.8

2%

Rents

18,592

77%

17,553

73%

Service Charges

1,698

7%

1,626

7%

Sales of Homes

2,597

11%

6,798

28%

Support Services

749

3%

581

2%

Charges To Other Associations

324

1%

246

1%

Other

51

0%

101

0%

Interest Payable

6,166

27%

5,428

24%

Maintenance

6,144

27%

5,621

25%

Housing Management

3,790

17%

3,653

16%

Services

2,583

11%

2,163

10%

Cost of Properties Sold

1,432

6%

4,405

19%

Voids & Bad Debts

572

3%

652

3%

Property Depreciation

1,203

5%

1,143

5%

Support Services

699

3%

523

2%

Other

149

1%

300

1%