The American Club 2017/2018 Annual Report

THE AMERICAN CLUB

NOTES TO FINANCIAL STATEMENTS 30 June 2018

15. NET INVESTMENT GAIN

2018

2017

$

$

Coupon income Interest income

-

12,462 927,328

759,512

Realised gain on investment securities Unrealised gain on financial derivatives

- -

3,394,010

547

Investment management fees

- (6,601) 759,512 4,327,746

16. OTHER INCOME

2018

2017

$

$

New Member operations surcharge

701,567 459,707 19,083 141,834

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

Parking fees Rental income

Advertising income

Sundry income

408,337 652,764 1,730,528 1,971,823

58 2017/18 ANNUAL REPORT