C S E G AN N U AL RE P O R T 2 0 17 39 DIR E C T O R S R EP O R T S FI N A N CI A L S CA NA DIA N S O CIE T Y OF EXP LORA T I ON G E OPHY SICIST S S ta te m e n t o f Re v e nue s and Ex pendit ure s a nd Cha nge s i n Ne t A s set s Y ear E nde d De cember 31 20 17 20 17 20 16 R EV EN U ES Geo c o nve nti on 12 223 1 Con tin uin g e duc a tio n 29 501 21 657 Doo dle tr a in 11 634 0 11 988 6 In ter est and othe r 16 272 20 830 Lu nc h eon f e es 43 016 45 225 M em b er s hi ps 94 614 84 793 Rec o r d er 53 260 56 990 47 523 4 34 938 1 E XP ENDIT URE S A dm in istr a tio n 24 660 6 27 059 2 A m or t iz atio n 33 63 46 97 Rec o r d er 61 660 13 087 4 In ter est and ban k c ha r ge s 8 86 8 65 Con tin uin g e duc a tio n 21 486 19 248 Doo dle tr a in 82 253 10 206 0 Dig it al m ed ia 79 06 16 323 M em b er s er v i c es 24 995 24 731 Lu nc h eons 29 141 41 695 47 829 6 61 108 5 DE F ICIE N CY OF RE VE N UE S OVE R EX P E N DIT URE S BE F OR E W R I T E DOW N O F C ON V E N T I O N DE VE LO P ME N T F UND 3 062 2 617 04 W r it e d ow n of c o nv entio n dev elo pm e nt f u nd 9 350 NE T D E F I C I ENC Y O F RE VE N UE S OVE R EX PE N DIT URE S 3 062 2 710 54 NE T AS SE T S B EGIN NING O F Y EA R 12 555 59 15 266 13 NE T A S SE T S END OF YEA R 12 524 97 12 555 59 S ee n otes to f in an c ia l s ta tem e nts 3 CA NA DIA N S O CIE T Y OF EXP LORA T I ON G E OPHY SICIST S S ta te m e n t o f Re v e nue s and Ex pendit ure s a nd Cha nge s i n Ne t A s set s Y ear E nde d De cember 31 20 17 20 17 20 16 R EV EN U ES Geo c o nve nti on 12 223 1 Con tin uin g e duc a tio n 29 501 21 657 Doo dle tr a in 11 634 0 11 988 6 In ter est and othe r 16 272 20 830 Lu nc h eon f e es 43 016 45 225 M em b er s hi ps 94 614 84 793 Rec o r d er 53 260 56 990 47 523 4 34 938 1 E XP ENDIT URE S A dm in istr a tio n 24 660 6 27 059 2 A m or t iz atio n 33 63 46 97 Rec o r d er 61 660 13 087 4 In ter est and ban k c ha r ge s 8 86 8 65 Con tin uin g e duc a tio n 21 486 19 248 Doo dle tr a in 82 253 10 206 0 Dig it al m ed ia 79 06 16 323 M em b er s er v i c es 24 995 24 731 Lu nc h eons 29 141 41 695 47 829 6 61 108 5 DE F ICIE N CY OF RE VE N UE S OVE R EX P E N DIT URE S BE F OR E W R I T E DOW N O F C ON V E N T I O N DE VE LO P ME N T F UND 3 062 2 617 04 W r it e d ow n of c o nv entio n dev elo pm e nt f u nd 9 350 NE T D E F I C I ENC Y O F RE VE N UE S OVE R EX PE N DIT URE S 3 062 2 710 54 NE T AS SE T S B EGIN NING O F Y EA R 12 555 59 15 266 13 NE T A S SE T S END OF YEA R 12 524 97 12 555 59 S ee n otes to f in an c ia l s ta tem e nts 3