Page 6 - OZONE UNITED - 2017 Election Results & 5 Year Consolidated Financial Snapshot

Rustomjee's OZONE Cooperative Housing Society Limited
Financial Snapshot Report 2012-2017

(Consolidated - 5 Years)

Team OZONE UNITED firmly believed that a 5 year consolidated Financial Snapshot Report, would benefit and
assist us all Owners, Members, Shareholders and Contributors to understand our Cooperative’s immediate and
long term financial health, before we all embark on another 5 year execution path of pending matters.
This snapshot may not only assist the Managing Committee on our expectations but will also become a part of
being kept informed timely and members and resident participate whole heartedly with our timely contributions to
give shape a strong and healthy financial future with transparent financial reporting and strict management of
annual budgets. This Annual budget should become a part of a 5 year investment plan, based on past
experiences. Thus, we all need to aim higher and look closely of our current financial health and plan for better
financial management to gain mutual trust by all as “Committee, Owners, Members & Shareholder”.
The Consolidated 5 years, Financial Snapshot 2012-2017 (approved budget) , has been compiled from the our past 5
st
st
st
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years Audited Annual reports - 1 April 2012 to 31 March 2016 & 1 April 2016 to 31 March 2017 (approved budget) .
Note: Our newly elected Managing Committee’s Officer bearers & Working Committee Members should be presenting the
upto date, audited financial report to the “General Body” as part of the handover from outgoing Committee.
Chart 1
2012-2017 Mar 2016
# REVENUE

Revenue, 2,929 Upto 31 st vs

All figures in Lacs EXPENSES
Expenditure, 3,443

# Extraordinary Expense Budget – Painting, PigeonNet, CCTV, etc
Chart 2 2012-2017 Mar 2016

428.94 Deposits & 218.30 Upto 31 st
149.37
Cash & Bank Balance, Investments, Advances, Receivable from Members & Others, 142.63 37.30 ASSETS

Other Assets, Other Current 2.68 Assets, All figures in Lacs

Amount
Chart 3 206.33 P.Sqf..), 120.02 Deposit for Car Parking 146.50 2012-2017 Mar 2016

38.22 Members Corpus Fund, 210.45 80.79 Sinking Fund, Major Expense Collected in the year 2015-2016 (@5/- 66.86 Due to Members, 36.20 Slot, Upto 31 st LIABILITIES

Reserve Fund, Repair & Maintenance Fund, Outstanding Expenses, 42.23 Liability for Taxes, All figures in Lacs 6