To all who read this page, greetings from Master Alaric MacConnal, Chancellor of the Exchequer to the College of Arms (or the Heraldic Money Dude)!

This summary is a correction since the prior version I sent out had some errors (thanks to Master Edmund Tregelles, Silver Buccle Principal Herald for noticing the error and reporting it).  

Here is the summary of the 2002 Financial Report for the College of Arms, drawn from the first two pages of the complete financial report.  If there are any questions, or if anyone wishes to see the complete financial report, please feel free to contact me at any of the following to make arrangements.  I will have the complete financial report available at the 2003 KWHS should that be a convenient time.

Robert Smith
1194 Firwood Drive
Pittsburgh PA   15243
alaric@pobox.com

In Service,

Alaric

ASSETS	Start	End	
Cash on hand	0.00	50.00	
Cash earning interest	11145.56	17146.82	
Receivables	0.00	0.00	
Purchased property	834.75	834.75	
Accumulated depreciation	786.66	834.75	
TOTAL ASSETS	11193.65	17196.82	
			
LIABILITIES			
Newsletter Subscriptions Due	179.17	114.58	
Payables	407.50	0.00	
TOTAL LIABILITIES	586.67	114.58	
			
NET WORTH	10606.98	17082.24	
			
CHANGE IN NET WORTH		6475.26	
			
INCOME		
Heraldic Submissions	1378.00	
Transfers from another SCA account	11856.00	
Interest	424.06	
Net Newsletter Income	164.59	
TOTAL GROSS INCOME	13822.65	
		
EXPENSES		
Depreciation	48.09	
Food	1006.74	
Supplies	786.06	
Postage	1730.69	
Printing	1420.59	
Telephone	159.49	
Travel	1567.90	
Transfers to another SCA account	627.83	
TOTAL EXPENSES	7347.39	
		
NET INCOME	6475.26