Queensland Art Gallery Annual Report 1991-92

F I NANC I AL STATEMENT TRUST FUND 1990-91 - 1991-92 STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 30 JUNE 1992 The balance at I July comprised: 220 526 Cash at Bank and on Hand 337 722 I 020 000 Short Term Investments 900 000 I 237 722 Receipts for the year were: 318 817 Donation and Bequests 265 549 146 324 Interest 157 897 4 885 Grants 67 000 440 192 Shop Sales 560 918 54 838 Operating Income 15 339 181 739 Exhibition Income and Scholarships 496 172 I 562 875 From which the following payments were made: 378 998 Shop Expenses 589 496 317 045 Acquisitions - Art Works 1 127 979 Exhibitions, Competitions and 32 141 Support Materials 148 863 I 415 Operating Expenses 66 014 410 000 Refund to QAG Foundation - I 932 352 Resulting in an excess of 2 804 payments over receipts 369 477 Leaving a balance at 30 June comprising: - 337 722 Cash at Bank and on Hand 168 245 900 000 Short Term Investments 700 000 $1 237 722 - $868 245 54