Annual Report 2016/17

THE AMERICAN CLUB

NOTES TO FINANCIAL STATEMENTS 30 June 2017

15. NET INVESTMENT GAIN

2017

2016

$

$

Coupon income Interest income

12,462

12,692 921,947

927,328

Realised loss on financial derivatives Realised gain on investment securities Unrealised gain on financial derivatives

-

(1,026,175)

3,394,010 18,938,365

547

20

Management fees

(6,601) (73,543) 4,327,746 18,773,306

16. OTHER INCOME

2017

2016

$

$

New Member operations surcharge

532,523 498,126 140,487 147,923

708,796 535,489 279,726 217,950

Parking fees Rental income

Advertising income

Sundry income

652,764 776,432 1,971,823 2,518,393

58 2016/17 ANNUAL REPORT