THE BOARD OF GOVERNORS OF EXHIBITION PLACE CONSOLIDATED OPERATING BUDGET 2012

Transcription

1 1 1: PM 6/8/11 CONSOLIDATED OPERATING BUDGET PAGE PROGRAM ACTUAL ACTUAL FORECAST BUDGET BUDGET EXHIBITION PLACE AND DIRECT ENERGY CENTRE REVENUE REVENUE - EP REVENUE - DEC DIRECT - EP DIRECT - DEC DIRECT SHARE OF OVERHEAD INCOME ( LOSS ) BEFORE DEBT CHARGES 47 INTEREST AND AMORT EXPENSE - ENERGY RETROFIT ASSETS NET INCOME (LOSS) 13,794,57 1,76,464 6,51,36 5,387,719 4,973,494 1,361,13 14,34,373 4,665,586 1,855,45 676,73 1,178,7 14,87,769 13,159,91 7,986,86 4,735,637 5,183,34 9,918,941 17,51,766 6,97,78 1,16,15 73,34 83,81 13,786,918 11,14,11 5,1,38 4,46,197 4,34,695 8,764,89 16,671,414 5,436,36 (435,67) 75,31 (1,187,498) 14,49,655 11,1,75 5,471,36 4,474,46 4,88,1 8,76,66 16,949,511 5,71,117 (4,757) 8,484 (1,63,4) 14,577,4 11,43,683 6,9,75 4,733,951 4,381,75 9,115,6 17,116,714 6,31,94 (,15) 8,84 (1,45,55) (8) () ALLSTREAM CENTRE 75 REVENUE 75 ANNUAL CASH FLOW BEFORE INTEREST, AMORT AND TRANSF 84 LESS: INTEREST 84 LESS: AMORTIZATION EXPENSE 84 LESS: PRINCIPAL REPAYMENT - FCM LOAN 84 LESS: PRINCIPAL REPAYMENT - CITY LOAN INCOME (LOSS) BEFORE NAMING FEE NAMING FEES REVENUE (DIRECT ENERGY & ALLSTREAM) 115, ,336 (351,8) 365,47 375,36 (1,9,38) 575,417 1,738,53 1,15,58 63,95 1,745,48 1,943,841 (3,55,937) 1,73,141 1,886,846 1,379,53 57,313 1,94,78 1,943,838 (3,341,5) 1,168, 1,869,866 1,369,17 5,649 1,94,78 813,646 8,15 (,97,89) 1,168,,16,13 1,465,693 55,43 1,86,18 854,38 81,968 (,48,49) 1,168, NET INCOME (LOSS) (516,91) (1,98,796) (,173,5) (1,19,89) (1,8,49) (4) 75 CASH TRANSFER FROM(TO) CONFERENCE CENTRE RESERVE 369,77 1,13,165 1,19,89 1,8,49 (4) NET INCOME (LOSS) AFTER TSF PER FIN. STATEMENTS (516,91) (1,613,89) (1,5,87) () 5 () CNEA REVENUE DIRECT EP OVERH'D. - SITE PREPARATION EP OVERH'D. - ADMIN SUPPORT DEC UTILITY COSTS - CNE PERIOD NET INCOME ( LOSS ) 8,596,78 3,777,68,34,776 1,359,47 39,39 7,718,78 878, 4,414,4,41,947,366,4 1,373,1 3,984 4,376,156 38,48 4,714,97 19,855,885,416,63 1,414,1 8,813 3,914,97 8, 4,714,97 19,855,885,416,63 1,414,1 8,813 3,914,97 8, 4,897,163,157,689,459,553 1,439,668 4,53 4,97,163 6, 1 5 (5) NATIONAL SOCCER STADIUM REVENUES NET INCOME (LOSS) BEFORE SHARING LESS PRIMARY INCENTIVE FEE NET INCOME ( LOSS ) 9,46,75 8,64,15 764, , ,868 9,184,633 8,535, , ,819 33,936 9,9,569 9,457,631 44,937 6,469 16,469 9,9,569 9,457,631 44,937 6,469 16,469 9,599,34 9,11,41 488,914 38,579 5,335 (3) (4) SUMMARY TOTAL REVENUE TOTAL EXPENSE NET INCOME ( LOSS ) PER FINANCIAL STATEMENTS 64,64,83 6,7,47 1,917,676 63,693,936 64,681,3 (987,93) 63,794,59 65,15,76 (1,1,116) 64,54,596 64,77,384 64,31,369 64,965,14 (46,773) (194,7) CASH CONVERSION PSAB AMORTIZATION - EP/DEC/CNE/BMO AMORTIZATION - ALLSTREAM PRINCIPAL REPAYMENT - ALLSTREAM CAPITAL ASSETS NET STEP UP TOTAL CASH PAYABLE TO (RECEIVABLE FROM) CITY (61,41) 137, ,174 1,974,5 844,63 14,89 1,943,841 (38,364) (948,776) 596,6 1,6,78 14,379 1,943,838 (893,751) (46,65) (46,773) (194,7) 1 Budget

2 1: PM 6/8/11 CONSOLIDATED OPERATING BUDGET PAGE DEPARTMENT ACTUAL ACTUAL FORECAST BUDGET BUDGET CNEA 3 REVENUE 4,544,765 3,654,591 4,714,97 4,714,97 4,897, DIRECT 19,876,678 19,644,66 19,855,885 19,855,885,157, EP OVERH'D. - SITE PREPARATION,34,776,366,4,416,63,416,63,459, EP OVERH'D. - ADMIN SUPPORT 1,359,47 1,373,1 1,414,1 1,414,1 1,439, DEC UTILITY COSTS - CNE PERIOD 39,39 3,984 8,813 8,813 4, SUBTOTAL BEFORE MTEP 76,575 47,116 8, 8, 6, (5) 3 MARQUEE TOURISM EVENTS PROGRAM REVENUE 4,5,15 759,613 3 MARQUEE TOURISM EVENTS PROGRAM EXPENSE 3,9,59 768,681 NET INCOME ( LOSS ) 878, 38,48 8, 8, 6, (5) EXHIBITION PLACE 31 REVENUE 13,794,57 14,87,769 13,786,918 14,49,655 14,577,4 31 DIRECT 5,387,719 4,735,637 4,46,197 4,474,46 4,733, SHARE OF OVERHEAD 14,34,373 17,51,766 16,671,414 16,949,511 17,116,714 1 INCOME ( LOSS ) BEFORE DEBT CHARGES (5,897,5) (6,959,635) (7,344,693) (7,174,61) (7,73,63) 1 48 INTEREST AND AMORT EXPENSE - ENERGY RETROFIT ASSETS 676,73 73,34 75,31 8,484 8,84 NET INCOME ( LOSS ) (6,574,5) (7,691,975) (8,96,94) (7,996,746) (8,96,463) 1 DIRECT ENERGY CENTRE REVENUE DIRECT 1,76,464 4,973,494 13,159,91 5,183,34 11,14,11 4,34,695 11,1,75 4,88,1 11,43,683 4,381,75 NET INCOME LOSS) 7,75,97 7,975,787 6,99,46 6,933,54 7,51,48 ALLSTREAM CENTRE 76 REVENUE 115,516 1,738,53 1,886,846 1,869,866,16, ,336 1,15,58 1,379,53 1,369,17 1,465,693 7 ANNUAL CASH FLOW BEFORE INTEREST, AMORT AND TRANSF (351,8) 63,95 57,313 5,649 55, LESS: INTEREST 365,47 1,745,48 1,94,78 1,94,78 1,86,18 () 84 LESS: AMORTIZATION EXPENSE 375,36 1,943,841 1,943, LESS: PRINCIPAL REPAYMENT - FCM LOAN 813, , LESS: PRINCIPAL REPAYMENT - CITY LOAN 8,15 81, INCOME (LOSS) BEFORE NAMING FEE NAMING FEES REVENUE (DIRECT ENERGY & ALLSTREAM) (1,9,38) 575,417 (3,55,937) 1,73,141 (3,341,5) 1,168, (,97,89) 1,168, (,48,49) 1,168, () NET INCOME (LOSS) (516,91) (1,98,796) (,173,5) (1,19,89) (1,8,49) (4) 76 CASH TRANSFER FROM (TO) CONFERENCE CENTRE RESERVE 369,77 1,13,165 1,19,89 1,8,49 (4) NET INCOME (LOSS) AFTER TSF PER FS (516,91) (1,613,89) (1,5,87) NATIONAL SOCCER STADIUM 89 REVENUES 9,46,75 9,184,633 9,9,569 9,9,569 9,599,34 (3) 9 8,64,15 8,535,879 9,457,631 9,457,631 9,11,41 (4) NET INCOME (LOSS) BEFORE SHARING 764, ,754 44,937 44, , LESS PRIMARY INCENTIVE FEE 386, ,819 6,469 6,469 38,579 5 NET INCOME (LOSS) AFTER SHARING 377,868 33,936 16,469 16,469 5, SUMMARY TOTAL REVENUE 64,64,83 63,693,936 63,794,59 64,54,596 64,77,384.8 TOTAL EXPENSE 6,7,47 64,681,3 65,15,76 64,31,369 64,965,14 1. NET INCOME ( LOSS ) PER FINANCIAL STATEMENTS 1,917,676 (987,93) (1,1,116) (46,773) (194,7) % change are result of new MOU 3 years arrangement for the period Budget

3 3 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION REVENUE SUMMARY PAGE DEPARTMENT ACTUAL ACTUAL FORECAST BUDGET BUDGET 5 CNEA 19, 15, 5, 5, 5, 1 ADMISSIONS 5,491,95 4,861,35 5,66,437 5,66,437 5,714, PARKING 1,37,94 1,81,453 1,87,8 1,87,8 1,87,8 13 AGRICULTURE 19, ,738 1,317 1,317 1, SPORTS 13, 9,5 1, 1, 1, 17 PROGRAM MANAGEMENT 7,3 18 CONCESSIONS 4,198,4 3,961,119 4,313,595 4,313,595 4,317, CASINO 6,555,183 6,664,544 6,433,419 6,433,419 6,433,419 1 MARKETING 3,64,6 3,13,818 3,437, 3,437, 3,459, UTILITIES 66,71 7,383 7, 7, 7, 8 CLIENT SERVICES 1,85 13,73 5, 5, 5, 9 BUILDING RENTALS 3,316,611 3,434,769 3,38,14 3,38,14 3,447,77 3 MARQUEE TOURISM EVENTS PROGRAM 4,5,15 759,613 TOTAL DIRECT REVENUE 8,596,78 4,414,4 4,714,97 4,714,97 4,897,163 1 TOTAL REVENUE 8,596,78 4,414,4 4,714,97 4,714,97 4,897, Budget

4 4 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION EXPENSE SUMMARY PAGE DEPARTMENT ACTUAL ACTUAL FORECAST BUDGET BUDGET 5 CNEA 49,646 18,958 16,5 16,5 11, (4) 6 CORPORATE SECRETARY 4,554 49,466 56,661 56,661 59,4 5 7 CORPORATE AND STATUTORY 738,867 77,94 796, , , HUMAN RESOURCES 46,486 61,538 5,57 5,57 5, TELECOMMUNICATIONS 5,19 14,56 18,8 18,8 18,8 1 ADMISSIONS,91,38,7,69,88,84,88,84,16, PARKING 3,456 8,7 93,11 93,11 99,419 1 GENERAL MANAGER'S - CNE 447,864 44,94 45, ,41 445, AGRICULTURE 1,61,88 1,641,56 1,63,1 1,63,1 1,63, ENTERTAINMENT 1,,64 1,136,67 1,416,183 1,416,183 1,417, ATTRACTIONS 338, ,7 386,81 386,81 387,71 16 SPORTS 419,49 446,94 51,548 56, , PROGRAM MANAGEMENT 457,568 47,75 55,11 55,11 514,81 18 CONCESSIONS 1,157,46 1,47,993 1,99,68 1,99,68 1,316, CASINO 3,73,161 3,33,615 3,73,183 3,73,183 3,33,37 MARKETING,554,461,348,41,38,74,38,74,39,714 1 CIAS 459,48 47, 47, 47, 47, 3 SPECIAL FEATURES 1,315,415 1,188, , , ,133 4 INTERNATIONAL EXHIBITS 13, ,71 166,1 166,1 166,514 5 UTILITIES 717, ,8 69,537 69,537 79, CLEANING 548, , , , ,377 7 GROUNDS MAINTENANCE 379,65 338,93 38,67 38,67 385, CLIENT SERVICES 35, ,46 43,367 43, , BUILDING RENTALS 1,54,64 1,94,33 1,38,36 1,38,36 1,76, MARQUEE TOURISM EVENTS PROGRAM 3,9,59 768,681 TOTAL EXPENSE 4,16,574,636,931,84,698,84,698,397,94 1 Budget

5 5 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-1 CNEA CONVENTION & TRAVEL 1,746,388 5, 5, 5, 64 CORP. ENTERTAINMENT 5,98 7,69 31,5 31,5 31, PRESENTATIONS/PROMO,61 1,396,5,5, () 645 MEETING/RECEPTIONS 15,143 1,778 35, 35, 3, (14) 6169 OPENING DAY CEREMONY SUPPLIES & GENERAL 3,1 5,37,5,5,5 691 GRANTS/CNEF 19, 15, 5, 5, 5, 1 TOTAL EXPENSE 49,646 18,958 16,5 16,5 11, (4) REVENUE 41 GRANTS/CNEF REVENUE 19, 15, 5, 5, 5, 1 TOTAL REVENUE 19, 15, 5, 5, 5, NET PROFIT (LOSS) (59,646) (57,958) (76,5) (76,5) (71,) (7) 1. Provision for purchase of Greek Gods artifact (1) and purchase of Haines/Satok Murals (9) 1 Budget

6 6 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-13 CORPORATE SECRETARY SALARIES - TEMPORARY 648 FLOWERS,347,86,,, (9) 68 SALARIES - CONTRACT 33,98 4,533 47,361 47,361 5, BADGES, RIBBONS AND SIGNS 6,5 6,847 7,1 7,1 7,1 TOTAL EXPENSE 4,554 49,466 56,661 56,661 59, Splitted 5/5 with EP Archives department Salaries of Records Technician and Media Archivist. 1 Budget

7 7 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-15 CORPORATE AND STATUTORY BENEFITS (includes 64; 65;66;67) 79,51 77,886 33,668 33, , TEMPORARY SALARIES (Includes Concessions Audit 6415) 77,7 81,695 81,664 81,664 83, CORPORATE AUDIT FEES 4,631 34,49 33,69 33,69 34, BAD DEBT EXPENSE 4,59 4,988 1, 1, 1, 649 EXCHANGE & BANK CHARGES 11,61 119, , 83, 1, INSURANCE 1,616 1,616 1,616 1,616 1, LEGAL FEES 18,77 4,66 5, 5, 5, 6444 PAYROLL PROCESSING 1,558 1,558 1,558 1,558 1, SOCAN - PERFORMING RIGHTS 3,746,89 5, 5, 5, 6456 SOFTWARE LICENSE FEES - GREAT PLAINS 1, 1, 1, 1, 1, 67 FINANCE CHARGES MISCELLANEOUS RECOVERY OF COSTS (18,53) (4,775) (1,) (1,) (1,) PRINTING & STATIONERY,89 1, 1, 1, 6317 UNIFORMS 1, 1, 1, 698 AMORTIZATION OF CAPITAL ASSETS 11,14 5,195 18, 3, 16,5 (8) 6991 SICK BANK 4, 4, 4, 4, 4, TOTAL EXPENSE before capital asset transfer 746,1 773, , , , CAPITAL ASSET CREDIT (Transfer to B/S) (4,) (4,) (1) 699 EMPLOYEE VAC/SICK/ACTUARIAL BENEF. LIAB (7,345) (435) 1,7 1,7 (1) 5 (7,345) (435) (18,3) (18,3) (1) TOTAL EXPENSE 738,867 77,94 796, , , Benefits include employer contributions to OMERS, Manufile, Health tax, EI, CPP. Increase in 1 due to OMERS rate increase.. Summer students and hires for Concessions Audit. 3. Bank charges include credit card charges and rental of machines. 4. $ 5, for City Audit; $9,3 for external Audit. 5. PSAB prescribed requirements, no budget usually provided for; actual cost and or recovery accounted for and reported at end of fiscal year. 6. City insurance - Liability and property 1 Budget

8 8 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-17 HUMAN RESOURCES DEPARTMENT SALARIES - TEMP 38,75 51,834,96,96 1, EQUIPMENT RENTAL 1,98 5, 5, 5, 681 CONTRACTED SERVICES,,, 617 P.M.D 7,14 6,415,5,5, SUPPLIES & GENERAL 5 1,361 1,631 1,631 1,631 TOTAL 46,486 61,538 5,57 5,57 5, Provision for COLA.To reflect spending allocation for contracted Customer Service training 1 Budget

9 9 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION TELECOMMUNICATION TELECOMMUNICATION 5,19 14,56 18,8 18,8 18,8 1 TOTAL EXPENSE 5,19 14,56 18,8 18,8 18,8 1. Telecommunication costs including Bell Canada and PBX. 1 Budget

10 1 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-11 ADMISSION SALARIES - TEMP 449,8 5,699 53,61 53,61 533, CREDIT CARD AND BANK CHARGES 46,47 48,64 47, 47, 47, 641 CREDENTIALS 9, 9, 9, 6418 CONVENTIONS & TRAVEL 4,963 9,19 1, 1, 1, 644 EQUIPMENT RENTAL 8,685 14,573 9,8 9,8 9, VOLUNTEER MEAL TICKETS 15,85 15,865 1,5 1,5 1, CONTRACTED SERVICES 349,5 347,5 354,5 354,5 354, E-TICKETING TRANSACTION FEES 157, 16, 37, 37, 37, ONTARIO PLACE COMMISSIONS 715,14 563, ,35 566,35 566, P.M.D 79,1 81,94 78,3 78,3 78, PAID DUTY POLICE 177,83 181, ,51 188,51 196, PRINTING & STATIONERY 5,935 53,979,3,3, SIGNAGE 7,71 533,8,8, SUPPLIES & GENERAL 9,486 11,455 1,16 1,16 1, UNIFORMS,378 16,631 19,11 19,11 19,11 5 TOTAL EXPENSE,91,38,7,69,88,84,88,84,16,86 1 REVENUE 41 ADMISSIONS 4,89,36 4,53,14 4,837,559 4,837,559 4,95, ONTARIO PLACE 441,637 33,593 5,878 5,878 5, ATTENDANT PASSES 143, ,49 17, 17, 17, 413 CAR PASSES 97,59 11,938 98, 98, 98, TOTAL REVENUE 5,491,95 4,861,35 5,66,437 5,66,437 5,714,355 NET PROFIT (LOSS) 3,4,571,853,66 3,538,353 3,538,353 3,68,69 1. Provision for COLA increase. Credentials program expansion (indoor & outdoor exhibitors) starting 11; increased security guards at barriers 3. Per Ontario Place revenue sharing agreement (8.5% to OP) 4. New signage program implemented in 9 5. Environmental initiatives - locally produced and environmentally friendly garments are more expensive. 6. As per five year agreement with Outdoor Box Office entered into agreement in budgeted as per phase of Electronic Gate Program. 7. Paid duty rates adjusted to reflect expected increases. 4% increase as per Toronto Police Service 8. To reflect new contract rates for OBO for management of gates and cash office operations 9. Ticket prices to be increased if supported by research, as part of future transfers following 11 CNE fair. 1. Starting 1 this activity was transferred from Corporate Secretary deparment Budget

11 11 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-11 PARKING SALARIES - TEMP 58,59 51,569 61,47 61,47 6, EQUIPMENT RENTAL 8,3 3,81 1,531 1,531 1, P.M.D 37,7 11,34 54,171 54,171 54, PAID DUTY POLICE 165,38 111,153 16,995 16,995 13, UNIFORMS,844,491,98,98,98 69 PARKLAND ACQUISITION RESERVE FUND 8, 11,93 34,96 34,96 34,96 3 TOTAL EXPENSE 3,456 8,7 93,11 93,11 99, PARKING REVENUE REVENUE 46 INSIDE PARKING 51, , ,19 566,19 566, OFF SITE PARKING 817,55 716,8 7,971 7,971 7, TRAILER PARKING TOTAL REVENUE 1,37,94 1,81,453 1,87,8 1,87,8 1,87,8 NET PROFIT (LOSS) 1,7, , , , ,661 (1) 1. Increase of 4% as per Toronto Police Service; additional paid duty officers at Dufferin Street for closures budget increase in parking lot lighting, particularly at the west end of Marilyn Bell lot. 3. CNE is required to pay to the City as part of the CNE Tree Advocacy Program 3% of the Net Profit (revenues less expenses) from the Marilyn Bell and Battery Park parking lots. 4. Parking attendants 1 Budget

12 1 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1- GENERAL MANAGER CNE SALARIES - PERMANENT 4,597 49,867 53,973 53,973 66, SALARIES TEMPORARY,81,89 5,13 5,13 5,16 () 68 GAPPING ALLOWANCE (18,95) (18,95) 64 MEETINGS 16,16 1,5 1,5 1, CONVENTION & TRAVEL 8,57 6,9 7,146 7,146 7, CORPORATE ENTERTAINMENT EQUIPMENT RENTAL 13,77 17,178 15,388 15,388 15, EXPENSE ALLOWANCES 11,463 76,,, 6439 MEMBERSHIPS 45,45 15,61 5,84 5,84 5, RESEARCH & PLANNING 6,441 64,8 45, 45, 45, 68 CONTRACT PERSONNEL 15,875 18,55 17,983 17,983 17, POSTAGE 8,34 3,36 9,136 9,136 9, SUPPLIES & GENERAL 18,586 33,667 4,8 4,8 4,395 TOTAL 447,864 44,94 45, ,41 445, Provision for merit increase. Gapping provision following prior years based on City directive. 3. Includes $3K membership from Canadian Festivals Coalition, now name changed to FAME SEEM 1 Budget

13 13 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1- AGRICULTURE SALARIES - TEMP 95,681 51,799 33,585 33,585 34, EQUIPMENT RENTAL 1,818 3,474 5,33 5,33 5,33 61 AMBASSADOR OF FAIR 4,357 5,76 55,69 55,69 55, CAT SHOW 13,98 13,14 8,195 8,195 8, GARDEN SHOW 117, ,16 195, , , HORSE SHOW 594,748 67,146 59,619 59,619 59, P.M.D 6, ,13 4,13 4, PAID DUTY POLICE 611 SUPERDOGS 379,73 387,37 38,454 38,454 38, THE FARM 356, , ,6 344,6 344, SUPPLIES & GENERAL 1,689 1,3,5,5,5 TOTAL EXPENSE 1,61,88 1,641,56 1,63,1 1,63,1 1,63, AGRICULTURE REVENUE REVENUE 415 AGRICULTURE ENTRY FEES 56,171 65,1 51, 51, 51, 4151 GARDEN SHOW 38,198 38,38 37,317 37,317 37, RICOH COLISEUM 41 GRANTS & DONATIONS 15,35 16,4 1, 1, 1, 6148 HORSE SHOW 6111 THE FARM TOTAL REVENUE 19, ,738 1,317 1,317 1,317 NET PROFIT (LOSS) (1,51,114) (1,51,768) (1,5,94) (1,5,94) (1,53,576) 1. Provision for COLA. New Wine / Garden area implemented in 11 1 Budget

14 14 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-3 ENTERTAINMENT SALARIES - TEMP 81,47 77,163 9,317 9,317 9, EQUIPMENT RENTALS 1,544 1,19 1,5 1,5 1,5 618 BANDSHELL 645, ,9 75, 75, 75, 6163 MIDWAY STAGE 96, ,74 14,74 14,74 14, PARADES-WARR/LABOR 6,644 48,95 7,68 7,68 7, PARK ENTERTAINERS 145,85 148, ,3 196,3 196, HERITAGE COURT STAGE 36,85 7,937 47,37 47,37 47, PRINCES' STAGE 89,133 86,871 9,55 9,55 9, TTC AUDITIONS/S.A. CENTRE 1,539 1,57,719,719, YOUTH TALENT SEARCH 43,7 39,477 57,575 57,575 57, SUPPLIES & GENERAL 1,497 1,38 1,5 1,5 1,5 TOTAL EXPENSE 1,,64 1,136,67 1,416,183 1,416,183 1,417, Provision for COLA. More performances at the Bandshell starting from To bring more out-of-town and high profile artists 1 Budget

15 15 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-4 ATTRACTIONS SALARIES - TEMP 35,591 35,818 44,454 44,454 45, KIDS' WORLD 33,38 75,113 3,367 3,367 3, KIDS' SCIENCE 3,771 4, 4, 4, TOTAL EXPENSE 338, ,7 386,81 386,81 387,71 1. Provision for COLA 1 Budget

16 16 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-5 SPORTS SALARIES - TEMP 39,696 3,465 5,94 5,94 51, CONVENTION & TRAVEL 3,68 3,33 3,695 3,695 3, BALL PARK 38,394 3,7 34,65 34,65 34, PRINCES' BOULEVARD SHOW 6196 SPORTS PAVILION 337,4 38,17 419,78 469,8 469, PRINTING SUPPLIES & GENERAL ,584 1,584 1,584 TOTAL EXPENSE 419,49 446,94 51,548 56, ,517 REVENUE 4153 BALL PARK 9,5 1, 1, 1, 4153 SPORTS PAVILION 13, TOTAL REVENUE 13, 9,5 1, 1, 1, NET PROFIT (LOSS) (46,49) (437,44) (498,548) (548,498) (549,517) 1. Provision for COLA. Expense increase due to increase in $6K sponsorship revenue (sprite zone) 1 Budget

17 17 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-6 PROGRAM MANAGEMENT SALARIES - PERMANENT 73,43 8,117 88,75 88,75 98, SALARIES - TEMP 6, ARCHIVES EXHIBIT,711 36,597 3,9 3,9 3, CONVENTIONS & TRAVEL 5,6 75 5, 5, 5, 644 EQUIPMENT RENTAL ,5 1,5 1,5 645 EXPENSE ALLOWANCE,63 1,719,5,5, SOCIAL PROGRAMS - CNE 8,378 1,81 8,514 8,514 8, CONTRACT PERSONNEL 681 CONTRACTED SERVICES 4, 8,755 31,88 31,88 31,88 61 ARTS & CRAFTS DEMONSTRATION 1,49 43,31 19,41 19,41 19, AT HOME PAVILION FEATURE 54,853 68,87 113,73 113,73 113, P.M.D 4,634 1,64 1,639 1,639 1, SUPPLIES & GENERAL 76 1,379 1,74 1,74 1,74 TOTAL EXPENSE 457,568 47,75 55,11 55,11 514,81 REVENUE 43 SOCIAL PROGRAMS 4 ARCHIVE GRANT 7,3 TOTAL REVENUE 7,3 1. Provision for merit increase. Decrease in program and requirements from Increasing costs of more prominent guests/artists; more new big names - famous chef program, celebrity chef 1 Budget

18 18 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-8 CONCESSIONS SALARIES - PERMANENT 43,8 69,73 73,18 73,18 88, SALARIES - TEMP 164, ,581 17,14 17,14 19, SAFETY & SECURITY CONTRACTED SERVICES 157,83 45,69 55,843 55,843 55, CONVENTION AND TRAVEL 13,777 1,864 11,467 11,467 11, EXPENSE ALLOWANCES 5,38 3,649 4,6 4,6 4,6 681 CONTRACTED SERVICES 9,4 11,53 1,76 1,76 1, ENTERTAINMENT TENT 8,936 34,73 3,89 3,89 3, SECURITY 88,47 67,57 55, 55, 55, HOUSE ELECTRICIAN/THIRD PARTY 158,334 3,51 38,868 38,868 38, MIDWAY REVIEW , 1, 1, 6171 OUTDOOR RETAIL 58,19 49,757 68,689 68,689 68, P.M.D 19,69 3,765 16,51 16,51 16, ENVIRONMENTAL INITIATIVES 3, SUPPLIES & GENERAL 9,88 5,36 6,15 6,15 6,15 TOTAL EXPENSE 1,157,46 1,47,993 1,99,68 1,99,68 1,316,97 1 REVENUE 47 HOUSE ELECTRICIAN/THIRD PARTY 95,51 154,85 183,6 183,6 183,6 471 RIDES 1,6,55 1,491,183 1,613,34 1,613,34 1,613,34 47 ABM - AUTOMATED BANK MACHINES - CNE 168,17 158, , 173, 173, CONCESSIONS,91,316 1,886,356,11,441,11,441,11, MEDIEVAL TIMES THEATRE 31,5 31,5 31,5 31,5 31, ENVIRONMENTAL INITIATIVES 1, 4157 OUTDOOR RETAIL 191,481 9,49,, 4, TOTAL REVENUE 4,198,4 3,961,119 4,313,595 4,313,595 4,317,595 NET PROFIT (LOSS) 3,4,816,713,16 3,14,38 3,14,38 3,,63 () 1. Provision for merit increase. 11 increase 1 outdoor retail locations. Starting 1 budget for these activities were tranferred from Building Rental department to Concessions department Provision for COLA. Starting 1 wages & benefits associated with Food Building were transferred to Building Rental department Second phase of CCTV cameras as per risk assessment analysis. Expand emergency & safety training. 5. Contractual revenue between BOG and CNE: one month rent for August. 6. New ABM provider in Budget

19 19 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-9 CASINO SALARIES - TEMPORARY,475,485,589,146,56,183,56,183,556, ADVERTISING AND PROMOTION 146, ,887 14, 14, 14, 6418 CONVENTIONS & TRAVEL, EQUIPMENT RENTALS 3,364 39,449 65, 65, 65, 6159 LICENSES - GAMING 194,75 178,77 175, 175, 175, 617 PMD - SITE PREPARATION 118,9 141, , 135, 135, 6316 SUPPLIES & GENERAL 3,97,3 4, 4, 4, 691 COMMUNITY GRANTS/CNEA FOUNDATION 1, 1, 1, 1, 1, TOTAL EXPENSE 3,73,161 3,33,615 3,73,183 3,73,183 3,33,37 REVENUE 476 TRAINING SCHOOL 15,83 1,74 15, 15, 15, 477 CASINO 6,539,351 6,651,84 6,418,419 6,418,419 6,418,419 TOTAL REVENUE 6,555,183 6,664,544 6,433,419 6,433,419 6,433,419 NET PROFIT (LOSS) 3,8, 3,333,99 3,16,36 3,16,36 3,11,11 () 1. Provision for COLA increase. Based on total of 35 operating days 1 Budget

20 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-1 MARKETING SALARIES - PERMANENT 164,786 71,76 8,87 8,87 94, SALARIES TEMPORARY 15,699 67,465 84,173 84,173 84, ADVERTISING PRODUCTION & MATERIALS 338, , ,41 379,41 379, ADVERTISING 848, ,378 84, 84, 84, PROMOTIONS 66,76 35,889 48,4 48,4 48, COMMUNITY RELATIONS 75,93 84,68 76, 76, 76, 6418 CONVENTION & TRAVEL 4,345 3,591 6, 6, 6, 644 EQUIPMENT RENTAL 4,819 3,591 5,5 5,5 5,5 645 EXPENSE ALLOWANCES,17,579,11,11, MEDIA/PUBLIC RELATIONS 13,568 15,134 15, 15, 15, 644 OFFICIAL PHOTOGRAPHERS 8,6 9,4 1, 1, 1, 645 SCHOOL PASSES 6456 SPONSORSHIP COMMISSION 71,81 9,99 6, 6, 6, 6457 SPONSORSHIP 17,697 1,634 85, 85, 85, 68 CONTRACT SALARIES (SPONSORSHIP) 75, CONTRACTED SERVICES 14,554 9,454,,, 61 ADVANCE SALES 65,891 5,85 56, 56, 56, 613 COMMUNITY GROUP SALES & BUS TOURS 5,994 7,669 8,5 8,5 8, GO TRANSIT EVENT SALES 17,81 13,9 13,5 13,5 13, GROUP SALES 71,97 89,85 95, 95, 95, 6148 HORSE SHOW 5,6 16,36 17, 17, 17, 6165 ONLINE EVENT SALES 6,98 4,751 5, 5, 5, WEB BASED INITIATIVES 38,541 55,548 5, 5, 5, 6169 OPENING DAY CEREMONY 8,975 17,64 15, 15, 15, 617 P.M.D SUPPLIES & GENERAL 5,743 4,4 5, 5, 5, 69 CONTRA SPONSORSHIP 184, 4, TOTAL EXPENSE,554,461,348,41,38,74,38,74,39, Provision for merit increase. Starting in 11 budget contracted salary was combined with perm salary by CNEA. Commission portion of salary, including commission for In Kind. 3. Includes Go Transit Commission expenses. 4. To reflect new segmentation of marketing plan and increased distribution of guidebooks in advance of fair. In 1 removed Media Campaign which is funded by OTMP & Celebrate ON Grants 5. To enhance CNE website 1 Budget 1: PM 6/8/11

21 1 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-1 MARKETING REVENUE ACCT# ACCOUNT NAME 9 ACTUAL 1 ACTUAL 11 FORECAST 11 BUDGET 1 BUDGET REVENUE 414 ONLINE EVENT SALES 34,35 35,953 48, 48, 66, GO TRANSIT EVENT SALES 36,7 41,83 4, 4, 45, SPONSORSHIP 1,19, ,657 96,1 96,1 96,1 417 GROUP SALES 81,359 1,13,779 1,349, 1,349, 1,349, 418 ADVANCE SALES 668, ,447 65, 65, 65, 419 COMMUNITY GROUP SALES & BUS TOURS 1,648 9,159 33, 33, 33, 44 CONTRA SPONSORSHIP 184, 4, 45 GOVERNMENT GRANT EXPECTATION 1 TOTAL REVENUE 3,64,6 3,13,818 3,437, 3,437, 3,459,67 1 NET PROFIT (LOSS) 71, ,46 1,56,96 1,56,96 1,66, Eliminated in 9-11 due to removal of grant money from Celebrate Ontario or OTMP ; Grant was specific to 8 only. 1 Budget

22 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-11 CIAS CIAS SUPPORT 459,14 47, 47, 47, 47, P.M.D 18 TOTAL EXPENSE 459,48 47, 47, 47, 47, 1.Payment as per CIAS contrac ( air show). 1 Budget

23 3 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-1 SPECIAL FEATURES HERITAGE COURT PROGRAM 57,613 47,8 7, 7, 7, CONFERENCE CENTRE PROGRAM 31,99 151, NIGHT TIME SHOW 58,79 17, PARADES 11, ,39 1,49 1,49 1, RICOH PROGRAMMING 49,91 633,74 66,74 66,74 66, PRINCES' BLVD FEATURE 85,53 66,387 39,939 39,939 39,939 TOTAL EXPENSE 1,315,415 1,188, , , , To create new feature exhibit in the Heritage Court.. Expense decrease because from research, audiences don't care much about night time shows. 1 Budget

24 4 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-13 INTERNATIONAL EXHIBITS - ACCT# ACCOUNT NAME 9 ACTUAL 1 ACTUAL 11 FORECAST 11 BUDGET 1 BUDGET SALARIES TEMPORARY 14,5 8,78 5,119 5,119 5, EQUIPMENT RENTALS 15,731 17,493 17,834 17,834 17, PRODUCTION COSTS 1,18 4,93 5,57 5,57 5, CONTRACTED SERVICES 7,56 9,964 9,38 9,38 9, ARTS & CRAFTS DEMONSTRATION, 6153 AT HOME PAVILION FEATURE 3, P.M.D 3,68 4,84 5,565 5,565 5,565 TOTAL 13, ,71 166,1 166,1 166, Provision for COLA. To reflect cost of bringing in more acts from out-of-country 1 Budget

25 5 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-35 UTILITIES HYDRO 374,715 35, ,54 355,54 373, DEC UTILITIES 39,39 3,984 8,813 8,813 4, WATER 13,741 97,97 16,47 16,47 116,5 9 1 TOTAL EXPENSE 717, ,8 69,537 69,537 79,33 6 REVENUE 495 UTILITY RECOVERY 66,71 7,383 7, 7, 7, NET PROFIT (LOSS) (651,55) (599,417) (6,537) (6,537) (659,33) 6 1. Provision for COLA increase; Gas charges during the CNE are nominal therefore not included.. Fees are charged to recover utilities from concessionaires and exhibitors during the CNE. 1 Budget

26 6 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-37 CLEANING SERVICES ACCT# ACCOUNT NAME 9 ACTUAL 1 ACTUAL 11 FORECAST 11 BUDGET 1 BUDGET SALARIES - TEMP 57,3 5, ,5 489,5 499, CITY DUMPING FEES 41,341 17,93 46,467 46,467 46, CO-MINGLE BINS 4,6 4,6 4, RECOVERIES - CARDBOARD (77) (,) (,) (,) TOTAL EXPENSE 548, , , , , Provision for COLA. Supplied free of charge by the City prior to 1 1 Budget

27 7 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-31 GROUNDS MAINTENANCE SALARIES - TEMP - LABOUR 6 SALARIES - TEMP - CARPENTRY STANDBY 6 SALARIES - TEMP - PAINTERS STANDBY 6 SALARIES - TEMP - LOCKSHOP STANDBY 6 SALARIES - TEMP - WELDING STANDBY 6 SALARIES - TEMP - PLUMBING STANDBY 6 SALARIES - TEMP - FIRE PROTECTION STANDBY 6 SALARIES - TEMP - MECHANICS ( GARAGE ) STANDBY 6 SALARIES - TEMP - IATSE STANDBY 6 STANDBY TOTAL 14,8,978 4,33 4,33 8, SEED & SOD 3,74 15, 15, 15, 619 SITE IMPROVEMENTS 154,357 11,44 136, , , SUPPLIES & GENERAL 8,11 5,55 5,448 5,448 5,448 TOTAL EXPENSE 379,65 338,93 38,67 38,67 385, Provision for COLA increase. Site improvement costs include maintenance of grounds and preparatory work for the CNE. 1 Budget

28 8 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION CLIENT SERVICES TEMP SALARIES 186,916 41,93 34,686 34,686 39, CNE MEDICAL CENTRE 51,915 64,11 7,656 7,656 7, FRIENDS OF CNE 8,54 7,781 6,18 6,18 6, LOST CHILDREN 4,547 5,793 4,8 4,8 4,8 644 MERCHANDISING 6459 STAFF TRAINING AND DEVELOPMENT 1,81 1,675 1, 1, 1, 6463 TRAINS 4,35 53,617 6, 6, 6, 616 BABY REST ,38,38, BOY SCOUTS 13,533 14,654 16,8 16,8 16,8 615 INFORMATION SERVICES 39,555 7,678 8,147 8,147 8, INFORMATION SIGNAGE 8,519 1,477 15,53 15,53 15, TRAMS AMORTIZATION 4,441 15,65 15,65 15,65 3 TOTAL EXPENSE 35, ,46 43,367 43, , CLIENT SERVICES - REVENUE REVENUE 478 BOY SCOUTS 1,85 13,73 5, 5, 5, 479 MERCHANDISING TOTAL REVENUE 1,85 13,73 5, 5, 5, NET PROFIT (LOSS) (34,93) (49,674) (47,367) (47,367) (43,61) 1 1. Provision for COLA. Increase in 9 and 1 for new Guest Relations Centre 3. Amortization of 1 purchase of new people mover Trams 4. EMS fees increase starting in 1 onward 1 Budget

29 9 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION BUILDING RENTALS SALARIES - PERMANENT 176,13 135, ,6 135,6 186, SALARIES TEMPORARY 67,869 18,98 141, ,953 99,79 (3) 1, 6418 CONVENTION AND TRAVEL ,5 1,5 3, EXPENSE ALLOWANCE AT HOME PAVILION 3,473 3,6 33,1 33,1 37, FOOD BUILDING 368, ,9 84,575 84,575 9, HOUSE ELECTRCIAN/3RD PARTY - INDOOR 1, INTERNATIONAL PAVILION 48,16 36,864 53,515 53,515 58,585 (51) 6181 ARTS CRAFTS & HOBBIES 114,37 11,398 1,778 1,778 15, WAREHOUSE OUTLET PAVILION 5,3 66,483 61,97 61,97 6, PRINTING 1,67,885,6,6, SUPPLIES & GENERAL 1,4 1,7 1,71 1,71 1,71 EXHIBITORS MARKETING 8,5 5 TOTAL EXPENSE 1,54,64 1,94,33 1,38,36 1,38,36 1,76, BUILDING RENTALS REVENUE REVENUE 473 FOOD BUILDING 889, ,151 93,16 93,16 941, INTERNATIONAL PAVILION 815,77 854, , , , AT HOME PAVILION 899, ,587 93,7 93,7 948, WAREHOUSE PAVILION/SAMPLE ALLEY 43,63 414,3 354,44 354,44 361, WAREHOUSE EXTENSION / SPORTS ZONE 4158 WEST ANNEX 4159 ARTS CRAFTS & HOBBIES 37,869 38,4 3,867 3,867 37,84 4 TOTAL REVENUE 3,316,611 3,434,769 3,38,14 3,38,14 3,447,77 NET PROFIT (LOSS),61,987,14,439,141,76,141,76,171, Reallocation of costs in 11-1 between these two accounts by CNEA. Provision for COLA increase 3. Vendors will be charged a % increment on a yearly basis over a 4 year contract, starting 1.Starting from 1 these activities were transferred from Concession deparment1-8 to Building Rental department % increase to exhibitors agreements in Expenses related to Exhibitor Marketing, Outreach, Promotions and Hospitality 1 Budget

30 3 1: PM 6/8/11 CANADIAN NATIONAL EXHIBITION ASSOCIATION 1-5 MARQUEE TOURISM EVENTS PROGRAM MTEP- FINANCE CHARGES 611 MTEP - TRAMS 75, MTEP - SOCCER MATCH,67, MTEP - FLOWRIDER 186, MTEP - SPEAKER SERIES 775, MTEP - SKATING SHOW 94, MTEP - MARKETING 548, MTEP - OPERATIONS, MTEP - AUDIT & RESEARCH 6,44 18,681 TOTAL EXPENSE 3,9,59 768, MARQUEE TOURISM EVENTS PROGRAM - REVENUE REVENUE 41 MTEP - GRANT MONEY,98,46 759, MTEP - SOCCER MATCH 9, MTEP - SPEAKER SERIES,918 TOTAL REVENUE 4,5,15 759,613 NET PROFIT (LOSS) 151,45 (9,68) 1 Budget

31 31 1: PM 6/8/11 EXHIBITION PLACE REVENUE AND EXPENSE SUMMARY PAGE DESCRIPTION ACTUAL ACTUAL FORECAST BUDGET BUDGET REVENUE RENTAL INCOME - TENANTS 769,53 868,54 94,51 911,17 93,51 (1) 1 MLSE/RICOH CONTRIBUTION 5,88 5,88 5,88 5,88 5,88 9 ADDITIONAL RENT-MLSE/RICOH COLISEUM - NET 87,68 9,565 95,464 95,464 97,373 SUB-TOTAL 1,357,741 1,459,986 1,5,865 1,57,515 1,51,774 () 4 RENTAL INCOME - EVENTS 687,397 79,13 649,64 649,64 66,949 3 ADVERTISING -NET 63,66 584,348 1,384,839 1,91,848 1,387, CATERING CONCESSIONS 94,38 8,454 67,165 49,375 75,8 5 5 SUBTOTAL,769,781,918,911 3,6,473 3,498,343 3,67,597 4 SHOW SERVICES - TENANTS - EVENTS THIRD PARTY REVENUE 1,8,614 1,43,4 3,45,819 1,37,784 1,43,56,711,31 1,469,557 1,14,394,573,951 1,469,557 1,64,394,533,951 1,498,948 1,18,469,679, PARKING REVENUE 6,393,673 6,645,84 6,65,36 6,73,15 6,57, SUBTOTAL DIRECT REVENUE 1,49,7 1,75,55 1,441,749 1,35,444 1,879, CNE RECOVERY - DEC LOCATION - ADMIN MARK UP, INTEREST AND MISC REVENUE - ERP PROJECTS - INCENTIVE RECEIVED & SAVING - NAMING RIGHTS REVENUE - ALLSTREAM CENTRE - NAMING RIGHTS & TSF - ALLSTREAM CENTRE - SPONSORSHIP SUBTOTAL INDIRECT REVENUE 187, ,57 34,663 18,333 (18,333) 1,385,3 3,984 1,7,178 1,887 5, (5,) 1,496,49 58,81 44,356 36, 5, (5,) 937,168 58,81 454,915 8,484 5, (5,) 1,536,1 4,53 48,33 8,84 5, (5,) 1,543,43 (7) CONTRIBUTION FROM CONFERENCE RESERVE FUND - CONTRIBUTION FROM SICK BANK RESERVE SUBTOTAL CONTRIBUTION FROM RESERVES 47,5 63, ,15 3, 54, 354, 3, 54, 354, 1, 54, 154, (67) (56) TOTAL REVENUE 13,794,57 14,37,769 13,73,918 14,195,655 14,577,4 3 EXPENSE 33 PARKING,53,97,35,714,177,49,191,457,38,659 SHOW SERVICES - TENANTS - EVENTS - EVENTS PMD COSTS SUB TOTAL SHOW SERVICE 1,644,937 1,87,19 4,555 3,134,6 1,176,75 1,48,19 74,999,499,93 1,317,61 73,661 41,687,8,949 1,317,61 73,661 41,687,8,949 1,343, ,957 6,38,495, TOTAL DIRECT EXPENSE 5,387,719 4,735,637 4,46,197 4,474,46 4,733,951 6 PROFIT (LOSS) BEFORE OVERHEAD 8,46,853 9,57,13 9,7,71 9,71,5 9,843, OVERHEAD 14,981,13 17,64,17 17,369,644 17,717,995 17,939,554 1 NET OPERATING PROFIT (LOSS) (6,574,5) (7,691,975) (8,96,94) (7,996,746) (8,96,463) 1 1 Budget

32 3 1: PM 6/8/11 EXHIBITION PLACE REVENUE AND DIRECT EXPENSE SUMMARY budget includes participated rent from QE Fountain Dining Room tenant, removed from 1 budget.. Ex Place services for security monitoring and building operators coverage for night time walk through. 3. Includes services to Honda Indy from 9 forward. Three year term agreement with Green Savoree Toronto ULC for Honda Indy from Jan 1 to Services ordered from major tenants such as Liberty Grand, Muzik, Medieval Times, Ricoh, Gossip and QET and QE fountain dining room which will start in Includes F&B for EP's events that are not contracted through Centerplate. 6. Parking Revenue rate increase in 1, additional events in BMO Field and tenants. 7. PMD costs includes additional concessions for Honda Indy services reduction. 8. Administrative fee on MLSE for Ricoh Coliseum & BMO Field and tenants services and interest revenue. 9. Per contractual arrangement with MLSE/BPC (Lease/Sub-lease) 1. Outdoor billboard signage revenue after commission - Per contractual obligations with Astral Media (Gardiner Billboard-Trivision), Clarity Outdoor Media Inc (Gardener Expressway/Strachan Billboard and CBS Outdoor (Strachan). CBS Outdoor agreement expired end of August 9. Astral Media agreement renewed for 15 years (9 to 3). In June 1 Astral switched to digital retroactively from year. 1 Budget

33 33 1: PM 6/8/11 EXHIBITION PLACE 5-18 PARKING AND TRAFFIC REVENUES AND ACCT# ACCOUNT NAME 9 ACTUAL 1 ACTUAL 11 FORECAST 11 BUDGET 1 BUDGET XXXXX REVENUE PARKING REVENUE 45 DEC EVENTS 3,653,57 3,98,83 3,684,357 3,64,5 3,88, TENANTS 416,3 475, ,78 663, 65,548 (6) 1 45 EP EVENTS 67,5 591,573 36,81 35, 41, ONTARIO PLACE EVENTS 73,744 37,89 45, 45, 3, SUB-TOTAL PARKING REVENUE 4,97,596 5,367,88 4,911,418 4,873,5 5,163, RICOH COLISEUM 355, ,85 337,96 36,8 33, BMO FIELD - SUBJECT TO REBATE 594,65 534, ,1 616,64 66,385 () BMO FIELD - NOT SUBJECT TO REBATE 133,14 1,85 141, , , MEDIEVAL TIMES 81,4 86,397 36,13 311, 39,5 () 455 FLEET STREET & MISC 58,149,6 4, 4, 4, 3 TOTAL REVENUE 6,393,673 6,645,84 6,65,36 6,73,15 6,57, EXPENSE 6 SALARIES - PERMANENT 468,56 549, ,9 491,9 5, BENEFITS - PERMANENT 146,5 15,785 13,38 13,38 131, SALARIES AND BENEFITS - HOURLY 566, , ,74 555, , AUDIT 1,55,,, 649 BANK & CREDIT CARD CHARGES/CASH HANDLING 119,54 1,4 1, 1, 1, 644 EQUIPMENT RENTALS 44,983 64,736 55, 55, 55, EXPENSE ALLOWANCE 475,158,,, CONTRACT SERVICES 4,676 4,653 5, 5, 5, SECURITY 6,944 67,85 5, 5, 5, EXHIBITOR SERVICES 13,69, MAINTENANCE 7, P.M.D 156, ,44 145, 145, 145, 6188 ROAD MARKINGS AND SIGN REPAIRS (from 5-33) 1,11 1, 1, 1, PRINTING & STATIONERY 9,465 11,75 8, 8, 8, 6316 SUPPLIES & GENERAL 4,66 3,99 4, 4, 4, 6317 UNIFORMS 9,83 6,534 1, 1, 1, SUBTOTAL BEFORE REBATES 1,65,67 1,663,684 1,558,866 1,561,33 1,6, RICOH COLISEUM REBATE 67,341 36,796 53,445 45,1 47, BMO FIELD 196, , ,886 5,57 1,96 () MEDIEVAL TIMES REBATE 14, , ,5 155,5 154,75 () FLEET STREET CITY REBATE 3,481 15,177 4, 4, 1, (5) 1& MLSE - PARKING TOTAL,53,97,35,714,177,49,191,457,38,659 NET PROFIT (LOSS) 4,14,576 4,49,57 4,88,77 4,81,693 4,333, Budget

34 34 1: PM 6/8/11 EXHIBITION PLACE 5-18 PARKING AND TRAFFIC REVENUES AND 1. Provision for Merit increase. 1 benefits increase due to OMERS rates increase.. PMD includes signage, cost of coin and card processing machines - reflects prior years experience 3. Fleet Street Parking revenue is associated to shows and is reflected in the shows income. The revenue budgeted on this line represents all other parking related revenue such as rental. Of all Fleet Street Parking Revenue a 5% rebate is paid to the City (a/c 614) 4. Parking convention: attendance at one Parking Trade Show staff 5. Cost will be covered for within Exhibitor Services. 6. Additional paid duty for Toronto Football Club (TFC) games. 7. FC games are subject to rebate at 33.33% per contractual arrangement. 11 forecast/1 budget was based on numbers of games supplied by BMO Field. Includes $7, annual revenue due to soccer bubble rellocation. 8. For Chubb Door alarm monitoring and Inkas money pick up. 9. Rental costs for nine Precise Park Link rented Pay and Display $ 35/each per month, for 1 months and rental of additional revenue control equipment 1. $1 parking rate increase effective September 1, 1 as well a $15 rate for BMO Field, and a Board approved $15 rate for indoor parking on specific busy show 11. Parking Sources Rebates: Fleet Street (5%), Medieval (5%), Ricoh (75%), Stadium (33.33%). Fleet Street decrease due to 5% loss of parking spaces to Metrolinx construction starting in June 11 for three years. 1. Starting 11 budget includes parking revenue from QE fountain dining room. There is less corporate events from other tenant budget decrease because MLSE is not staging the same numbers of concert. 14. In 1 Home Show colocates with Canada Blooms, CMTS one off year, loss of PPPC. 1 actuals was higher due to contribution from G8/G summit. 1 Budget

35 35 1: PM 6/8/11 EXHIBITION PLACE OVERHEAD EXPENSE SUMMARY PAGE DEPARTMENT ACTUAL ACTUAL FORECAST BUDGET BUDGET 36 CHIEF EXECUTIVE OFFICER 54,73 613,74 595, ,777 66, BOARD OF GOVERNORS 6,451 17,143 6, 6, 6, CORPORATE SECRETARY ARCHIVES & COMMERCIAL RECORDS 486,65 9,741 57,88 44, ,91 61, ,91 61, ,85 6,14 4 PURCHASING & STORES 51,7 4,81 6,897 6,897 68, HUMAN RESOURCES 574, ,99 546, , , FINANCE 1,53,13,887,5,89,837,63,356,645, COMMUNITY GRANTS OPERATIONS ADMINISTRATION ENERGY EFFICIENCY - INTEREST & DEPRECIATION UTILITIES CLEANING SERVICES SPECIAL APPROPRIATIONS FACILITY SERVICES 56, 1,54, ,73,395,61 794,36 553,658 1,747,487 5,767 1,735,881 73,34,7, ,81 495,741 1,891,645 6, 1,73,611 75,31 3,13,31 866,63 495,6 1,815,737 6, 1,73,611 8,484 3,557,96 866,63 495,6 1,813,865 5, 1,718,613 8,84 3,458,47 883, ,6 1,856,55 54 LABOUR 495,318 4,91 458, , , ELECTRICAL 1,14,177 1,335,71 1,36,393 1,36,393 1,339, ENGINEERING WELDING CARPENTRY PAINTING MECHANICAL & GARAGE PLUMBING (6,91) 69,354 98,86 96,495 77,89 911,851 15,957 76,69 811,51 3, ,35 754,559 7,3 84,91 853,184 48, ,31 97,399 7,3 85,91 853,184 48,544 43,531 97,399 7,3 88, ,55 3,5 41, 1,1,99 6 HVAC 1,31,315 1,18, ,87 965,87 978, IATSE 16,7 151, ,51 178,51 181, CREATIVE SERVICES - SIGN SHOP 9,88 65,78 5,648 5,948 51, SECURITY & COMMUNICATIONS 1,69,114 1,861,63 1,654,917 1,671,917 1,67,697 SUBTOTAL 18,683,36 1,3,33 1,199,919 1,548,69 1,667,434 1 () (17) () (3) 3 (1) (1) (7) 4 6#### LESS: ADMIN. SUPPORT TO CNE 6#### LESS: SITE PREP. - CNE (1,359,47) (,34,776) (1,373,1) (,366,4) (1,414,1) (,416,63) (1,414,1) (,416,63) (1,68,37) (,459,553) (1) 1 1 TOTAL 14,981,13 17,64,17 17,369,644 17,717,995 17,939, COLA increase as per MOU. 1 budget redued sharing of Corp Sec expenses 1 Budget

36 36 1: PM 6/8/11 OVERHEAD 5-1 CHIEF EXECUTIVE OFFICER EXPENSE 6 SALARIES - PERMANENT 199,468 34,365 59,81 59,81 68, BENEFITS - PERM 46,446 54,358 64,656 64,656 69, CONVENTIONS & TRAVEL 15,37,165 4, 4, 3, (4) 6316 SUPPLIES & GENERAL 3,151 1,113,5,5, EQUIPMENT RENTALS 5,547 9,77 6, 6, 6, 645 EXPENSE ALLOWANCES 6,551 1,66 5, 5, 5, 6445 PRESENTATIONS/PROMOTION,7 1,4,,, 6417 CONSULTANTS FEES 68,48 9,81 85, 85, 85, MEMBERSHIPS 475,86,,, 5 64 CORPORATE ENTERTAINMENT , 3,,5 (17) 6459 STAFF TRAINING AND DEVELOPMENT 57 1,137 3,6 3,6 63, 1, LEGAL FEES 193,53 4,311 1, 1, 14, 3 3 TOTAL EXPENSE 54,73 613,74 595, ,777 66, Provision for Merit increase. 1 benefits increase due to OMERS rates increase.. Includes travel for all departments on grounds except for the DEC Marketing Department Starting in 8 legal fees from HR department 5-17 is merged with Includes Ontario Energy Leader (OEL) membership required to provide 3rd party verification for figures for environmental initiatives ( green house reduction etc.). 11 budget includes $5, for LEED certification. 1 actuals includes memberships paid to Toronto Board of Trade, Composing Council, Recycling Council, Canadian Green Building Council. 5. Professional membership 6. Customer service program reflected in this budget, City of Toronto has informed Exhibition Place that City will no longer provide training to staff 1 Budget

37 37 1: PM 6/8/11 OVERHEAD 5-11 BOARD OF GOVERNORS EXPENSE 6316 SUPPLIES & GENERAL 5,569 5,57 5,5 5,5 5,5 691 COMMUNITY GRANTS - MURALS 19, 15, CORPORATE PLANNING 35,818 33,186 34,5 34,5 36, CONVENTIONS & MEETINGS 9,63 8,9,,, (9) TOTAL EXPENSE 6,451 17,143 6, 6, 6, 1. For the unscheduled events that the Board (includes CNEA) received tickets for in both suites at Ricoh and BMO including Honda Indy.. Expense related to Board of Governors only. Budget lower in 11 as 1 includes purchase of plaque as approved by the Board 3. Exhibition Place pays CNE for the Haines&Satok murals, first payment made in 8 from consolidated operating surplus in accordance with MOU. Statue of Greek God to be purchased in 1-13 in accordance with new MOU. No budget is provided as purchase is conditional on consolidated surplus exceeding budget. 1 Budget

38 38 1: PM 6/8/11 OVERHEAD 5-13 CORPORATE SECRETARY EXPENSE 6 SALARIES - PERMANENT 76,735 88,84 94,34 94,34 33, BENEFITS - PERM 66,455 69,178 74,849 74,849 8, SALARIES AND BENEFITS - HOURLY 644 EQUIPMENT RENTAL 8,41 7,738 9, 9, 9, EXPENSE ALLOWANCES () 648 FLOWERS,14,668,, 75 (63) 6461 TELECOMMUNICATIONS 9,351 98,935 84,6 84,6 75,5 (11) 5, 68 CONTRACT PERSONNEL 61 CNE RECOVERIES 617 P.M.D 3, 3, 315 (9) POSTAGE & COURIER 7,47 6,84 1, 1, 1, (17) 4, 6316 SUPPLIES & GENERAL 15,49 14,96 15, 15, 13,5 (1) TOTAL EXPENSE 486,65 57,88 515,91 515,91 513,85 () 1. Provision for Merit increase. 1 benefits increase due to OMERS rates increase.. Exhibition Place's expense only. 3. Includes rental of photocopiers and cost of copy count for Explace and rental of fax machines for Q.E. Admin. 4. Includes postage transfers from various DEC departments, therefore all grounds now included here. 5. Exhibition Place's expenses related to Bell Canada, PBX, Bell Mobility and Telus. Starting 1 all staff cellphone usages are budgeted and charged under Budget

39 39 1: PM 6/8/11 OVERHEAD 5-14 ARCHIVES & COMMERCIAL RECORDS CENTRE EXPENSE 6 SALARIES - PERMANENT 143,31 135, , , , BENEFITS - PERM 3,39 9,47 49,73 49,73 5, ARCHIVES ACQUISITION (1,57) 1,836 1, 1, (1) 64 DOORS OPEN TORONTO 1,813,61,,, 645 EXPENSE ALLOWANCES MEMBERSHIPS SALARIES - CONTRACT 4,781 61,86 5,361 5,361 44,4 (1) P.M.D 1,93 5,338,5,5, PRINTING & STATIONERY 187 1, 1, 5 (5) 6316 SUPPLIES & GENERAL 5,18 6,971 4, 4, 4, 695 ARCHIVES - GRANT 11, ARCHIVES GRANT RECEIVED (5,45) (1,913) TOTAL EXPENSE 9,741 44,656 61,713 61,713 6,14 1. Provision for Merit increase. 1 benefits increase due to OMERS rates increase.. For rental of display items, sound system set up etc. for viewing of Heritage buildings. 3. Movement / transfer of boxes to archives department. 4. Split 5/5 with EP department 5-14 and increase due to Media Archivist Position being re-evaluated effective July1, 1. In 11budget for full year salary plus additional for maternity 5. Various memberships: Archives Association of Ontario, Ontario Museum Association, Association of Canadian Archivists, Association of Records Managers and Administrators 1 Budget

40 4 1: PM 6/8/11 OVERHEAD 5-16 PURCHASING & STORES EXPENSE 6 SALARIES - PERMANENT 168,56 17,73 183, , , BENEFITS - PERM 43,187 43,394 44,333 44,333 47, SALARIES & BENEFITS - HOURLY 17,917 3,15 4,78 4,78 4, SUPPLIES & GENERAL PRINTING & STATIONERY,484 1,647,5,5, DEC - R & S RECOVERIES (77) 6436 MANAGEMENT FEES - "CITY" 19,43, 4,5 4,5 4, MEMBERSHIPS TOTAL EXPENSE 51,7 4,81 6,897 6,897 68, Provision for Merit increase. 1 benefits increase due to OMERS rates increase.. Fees required for "City" purchasing. 1 Budget

41 41 1: PM 6/8/11 OVERHEAD 5-17 HUMAN RESOURCES EXPENSE 6 SALARIES - PERMANENT 317,569 36, , ,789 45, BENEFITS- PERM 64,455 65, 85,33 85,33 19, SALARIES AND BENEFITS - HOURLY 6316 SUPPLIES & GENERAL 675 1, PRINTING,,5,5, SAFETY EQUIPMENT 4 68 SALARIES - CONTRACT 61,15 45,71 35, 35, 35, EXPENSE ALLOWANCES 1, , 1, 1, 6313 SAFETY MATERIALS & EQUIPMENTS 1,9 14,7 7, 7, 7, MEMBERSHIPS/SUBSCRIPTIONS 594, ADVERTISING AND PROMOTION 3,95 4, 1,5 1,5 1, MEETINGS AND CONVENTIONS 1,384 6,6 6,6 5, (4) 6459 STAFF DEVELOPMENT/TRAINING 111,538 19,14 6, 6, 6, TOTAL EXPENSE 574, ,99 546, , , Provision for Merit increase. 1 benefits increase due to OMERS rates increase. Includes salary and benefits for one full time in-house OH & Safety Representative. 1 increase for one full time admin staff transferred from security department ( Security department cost decrease to reflect this transfer). Includes combined development and training for grounds for all programs except CNE and National Soccer Stadium. 3. Provided for one contract OHS Consultant 4. Merged to account 6313 in 1 as per request from HR. 5. For safety materials & training documents required. 6. Costs for job posting. 1 Budget

42 4 1: PM 6/8/11 OVERHEAD 5-19 CONTRIBUTION FROM CITY RESERVE FUNDS CONTRIBUTION FROM CONFERENCE RESERVE SUBTOTAL - CONTRIBUTION FROM CONFERENCE RESERVE FU 47,5 47,5 3, 3, 3, 3, 1, 1, (67) (67) 1 43 CONTRIBUTION FROM SICK BANK RESERVE 4#### CONTRIBUTE FROM ENVIRONMENTAL PROTECTION RESERVE SUBTOTAL - CONTRIBUTION FROM RESERVES 75, 75, 63,715 75, 138,715 54, 75, 19, 54, 75, 19, 54, 75, 19, 3 TOTAL CONTRIBUTION FROM RESERVES 75, 611,15 49, 49, 9, (47) 1. On April 15, 1 Council approved Exhibition Place to use $47.5K in 1; $3K in 11; and $1K in 1 from the Conference Centre Reserve Fund to cover partially the lost of Sportmen's Show due to City's gun policy. (City's Fund account # RX319). Budget per city's directive; amount was based on projection of employees' retirement. (City's fund account # XR17) 3. Budgeted as per City Directive $ 75, to be added to the Operating budget; funding for this will be provided by the City Environmental Protection Reserve Fund. (City's fund account # XR1718). Currently recorded under department Budget

43 43 1: PM 6/8/11 OVERHEAD CHIEF FINANCIAL OFFICER EXPENSE 6 SALARIES - PERMANENT 1,151,716 1,185,457 1,38,559 1,38,559 1,98, BENEFITS - PERM 61,13 6,45 31,19 31,19 338, SALARIES & BENEFITS - HOURLY 15,873 14, BENEFITS - RETIREES & LTD EMPLOYEES 99,145 15,543 15,6 15,6 18, GAPPING (181,5) (181,5) 647 AUDIT 57,413 35, 6,889 6,889 8, BAD DEBTS 65,556 41,857 18, 18, 18, 649 BANK FEES & CREDITCARD DISCOUNT,468 19,5,5, DUES AND SUBSCRIPTIONS 1,615 1,41,,, EXPENSE ALLOWANCES,659 1,4,5,5, () 643 INSURANCE - GENERAL LIABILITY 6, INSURANCE/LIABILITY (Net of CNEA) 36,15 369,7 391,49 391,49 391, MEALS AND ENTERTAINMENT PAYROLL PROCESSING COSTS - ADP 7,153 74,877 8, 8, 78, (3) PROFESSIONAL FEES,94 3,98,55,55, SMALL EQUIPMENT COMPUTER EXPENSE 7,654 13, 13,5 13,5 13, PRINTING & STATIONERY 5,539 1,766,75,75,4 (13) 6316 SUPPLIES & GENERAL 9,155 5,88 11,5 11,5 9, () 693 LIABILITY CONTRIBUTION (337,55) (458,347) (35,) (35,) (35,) 698 AMORTIZATION EXPENSE 3,751 73,75 46,431 5, 5, SICK BANK - CITY CONTRIBUTION 5, 5, 5, 5, 5, 6993 WSIB EXPENSE 68,768 59, , 665, 665, 6#### E.I STUDY 75, 75, (1) 18 SUBTOTAL EXPENSE-BEFORE PSAB & ASSETS TRANSFERS,135,8,4,185,89,837,63,356,645, CAPITAL ASSET CREDIT (Transfer to B/S) EMPLOYEE VAC/SICK/ACTUARIAL BENEFITS LIAB. (64,896) 845,66 13 TOTAL EXPENSE 1,53,13,887,5,89,837,63,356,645, FINANCE REVENUE REVENUE 44 DISCOUNTS & COMMISSIONS, INTEREST REVENUE (EXPENSE) 5,5 17,38 46,38 1, 48, MISCELLANEOUS REVENUE 58,8 734,357 6, 75,5 6, (1) RICOH 1% MARKUP 134,46 174,67 177,549 15, , BMO FIELD 1% MARKUP 133,4 143, , 5,73 185,73 (1) CITY DUMPING FEES-TENANT RECOVERIES(Fr5-36) 13, 13, 5, (6) SUBTOTAL REVENUE 857,57 1,7,178 44, ,915 48,33 6 NET PROFIT (LOSS) (673,75) (1,817,73) (,367,481) (,177,441) (,165,177) (1) 1 Budget