The American Club 2021/2022 Annual Report

PAGE 43 THE AMERICAN CLUB SINGAPORE ANNUAL REPORT 2021 / 2022

OPERATIONAL HIGHLIGHTS

With the easing of Safe Management Measures from March 29, 2022, the Club saw a strong recovery in the last quarter of FY2022, closing the Total Club Income gap in the first nine months. Overall, the Club generated a Total Income (Operating Fund) of

$33.87 million in FY2022, an increase of $1.83 million over FY2021 of $32.04 million.

Three main income contributors were:

FOOD & BEVERAGE 39% of Total Income

FITNESS & LEISURE

MEMBERSHIP 29% of Total Income

9% of Total Income

TOTAL INCOME (OPERATING FUND) (S$'000)

100%

5% 7% 3%

8% 3% 6%

3% 7%

10%

90%

4%

9%

80%

9%

10%

9%

11%

6%

7%

70%

60%

39%

34%

50%

35%

37%

40%

30%

20%

31%

29%

29%

27%

10%

0%

FY2022

FY2021

FY2020

FY2015

Membership Food& Beverage Fitness & Leisure Club Services Youth & Bowling Member Services Jackpot Room Other Income