Page 26 - Raco 2017
P. 26
REPRESENTATIVE ASSOCIATION OF COMMISSIONED OFFICERS
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2016
(AN ASSOCIATION PURSUANT TO THE DEFENCE FORCES REGULATIONS S.6)
HONORARY TREASURERS REPORT & AUDIT 2016
Income
Administrative expenses
Net surplus for the year
Increase in value of investments
Surplus before taxation
Income tax for the current year
Surplus for the financial year
Total comprehensive income for the year Reserves brought forward
Accumulated reserves
Notes 2016€ 2 374,892
2015€
397,630 (303,834) 93,796 - 93,796 (784) 93,012 93,012 1,200,997 1,294,009
5 7
8
(289,807) 85,085 19,910 104,995 (293) 104,702 104,702 1,294,009 1,398,711
Biennial Delegate 2266 Conference 2017
