941.444.6600

For the period ending

FINANCIAL STATEMENTS

5/31/18

Prepared by:

438 Interstate CourtSarasota FL 34240

M E M O R A N D U M

to: Pope Golf, Attn: Homeowners

from: Dita Robinson

date: 6/13/18

re: ESPLANADE GOLF & COUNTRY CLUB AT LAKEWOOD RANCH OPERATING RESULTS AND FINANCIAL STATEMENTS

You have received under separate cover a package containing the following items:

Balance Sheet Income Statement

This memorandum offers highlights and further explanation of certain items in the financial statements, especially those operational issues that effected financial performance during the month. Executive Summary

Revenue: $531,202 Expenses: $716,691 Net Income: ($185,490) Member Rounds: 1,079 Outside Rounds: 1,741 Total Rounds: 2,820 Total Payroll: $180,563

A brief financial recap for May follows:

May-18

Actual Prior year 2017 Prior yr variance

Revenue 531,202$ 478,827$ 52,375$

COGS 60,101$ 75,408$ 15,307$

Op Expenses 656,590$ 579,294$ (77,296)$

Overall Exp 716,691$ 654,702$ (61,989)$

Overall Profit (185,490)$ (175,876)$ (9,614)$

YTD

Revenue 3,154,721$ 2,799,774$

Overall Expenses 3,639,543$ 3,249,762$

Overall Profit (484,821)$ (449,987)$

REPORT 6/13/18

ROUNDS Actual Prior year 2017 Prior yr variance

Golf Members 427 269 158

Member Rounds 1,079 779 300

Outside Rounds 1,741 2,328 (587)

Member Fees 21$ 19$ 2

Outside Avg. Fees 36$ 38$ (2)

TOTAL ROUNDS 2,820 3,107 (287)

YTD ROUNDS Actual Prior year 2017 Prior yr variance

Member Rounds 8,288 5,984

Outside Rounds 11,185 13,655

Member Fees 19$ $19

Outside Avg. Fees 42$ $55

TOTAL ROUNDS 19,473 19,639

Golf Operations & Maintenance:

Golf Revenue: $201,652 Golf Expenses: $ 75,194 GCM Expenses:$172,867 Golf Operations & Maintenance Net Income/(Loss): ($46,409) Merchandise COGS: 69%

Food & Beverage (Concessions):

F&B Revenue: $67,761 F&B Expenses: $75,477 COGS: Food – 47%, Beer – 21%, Liquor – 25% and Wine – 20% F&B Net Income/(Loss): ($7,716)

Administration:

G&A Expenses: ($52,152)

Run Date: 06/13/18

Run Time: 12:32AM

Esplanade Golf & Country club at Lakewood RanchBalance SheetAs of 05/31/18

ASS ETS

Page: 1

CuRRENT ASSETS

1010-000 CASH-MOB OPERATING

1015-000 Cash- MerchantMOB

loco-000 CASH-MOB RESERVES

1040-000 CASH-MERCHANT (7213)

1045-OOO CASH - OPERATING (0791)

1080-000 CASH-RESERVE (9331)

1081-000 DUEFROMOPERATING

1180-000 CASH-lMPREST (1568)

1185-000 PETTYCASH

12OO-000 AR-MEMBER

1210-OOO AR - MAINTENANCE ASSESSMENTS

1215-OOO AR - Esplanade Properties

14OO-000 INVENTORY - GOLF

1410-000 INVENTORY -TENNIS

1415-00O INVENTORY -WELLNESS

1500-000 INVENTORY- LIQUOR

1510-000 INVENTORY-BEER

1515-000 INVENTORY-WINE

1550-000 INVENTORY-FOOD

1850-00O DEPOSITS

LONG TERM ASSETS

1900-000 EQUIPMENT

1901-OOO ACCUMULATED DEPRECIATION

TOTAL ASSETS

CURRENT LIABILITIES

2010-00O

2015-000

2020-000

2026-OOO

2027-000

2030-000

ACCOUNTS PAYABLE

DuE TO RESEFZVES

SALES TAX PAYABLE

GRATUITY PAYABLE

EMPLOYEE. HOLIDAY FUND

UNEARNED REVENUE

3,407. 10

22, 832. 78

1 6,877.25

2,876, 63

1 ,877.17

2,259.28

1 1 9,453.06

72,818.61

488.53

45.441 _63

4,568.02

3, 657.94

13,954.57

4,362.79

1,718,75

13,217_2O

20,340.00

40,241.10

41 1 ,264.47

2:I.J2:£J2

350,151.31 479,235.29

526,838.0 1

(84,109.1 3)

442 ,728. 88 .00

792,880.1 9 479,235.29

LIABILITIES & EQUlrv

40O,133.18

TJ J2:£J2.1 1.725.92

5,301.86

349_ 98

298,366.17

3,407.10

22,832.78

40,241.10

16,877.25

2,876.63

41 1,264.47

I/ J2:RJJ2_

1,877.17

2,259.28

1 1 9,453.06

72,81 8.61

488.53

45,441.63

4,568.02

3,657.94

13,954.57

4,362. 79

1 ,718.75

13,217.20

20,34O. 00

829,386.60

526, 838. O 1

(84,1 09.13)

442 ,728.88

1,272,115.48

400,133.18

2J.J2:a J21 1 ,725.92

5,301.86

349.98

298,366_1 7

Run Date: 06/13/18

Run Time: 12:32AM

Esplanade Golf & Country Club at Lakewood RanchBalance SheetAs of 05/31/18

2035-000 DEFERRED REV - GOLF ANNUAL

2036-OOO DEFERRED REV- FITNESS ANNUAL

2040-000 FEES RECEIVED INADVANCE

2045-000 ACCRUED PAYROLL

2100-OOO Credit Book Liability

2110-000 LIABILITY- GIFT CERTIFICATES

2111-OOO PREPAIDSERVICES

2115-000 LIABILITY-RAIN CHECKS

2225-OOO ARC SECURITY DEPOSITS

231O-000 LOAN PAYABLE-TM

2397-000 CuRRENT POFITION GYM EQ LEASE

2398-OOO CURRENT PORTION J.DEERE (1)

2399-000 CURRENT PORTION J. DEERE (2)

LONG TERM DEBT

2401-OOO LONGTERMJDEERE LEASE(1)

2402-000 LONGTERMJ DEERE LEASE(2)

2403-000 LONGTERMGYMLEASE

EQU ITY

3100-OOO FuND BALANCE

3101-000 FUND BALANCE

3121-000 DEPOSITGENERAL

3196-OOO RESEF:VES - INTEREST

Current Year Net Income/(Loss)

TOTAL LIABILITIES a EQUl|Y

32, 783.35

43,489.64

131,481.96

70,230.34

1 ,826.05

27,171.06

2,169.95

8,1 68.09

26,500.00

1 ,542,206.24

45,844. 00

9,477.18

1 3,872.12

2,698,826.81

9,683.92

14,169.51

1 72,046.00

1 95,899.43

(1 ,61 7,024.84)

(484,821.21 )

134,325.58

344,108.34

8O1.37

.00

(2,1 01 ,846.05) 479,235.29

792,880.1 9 479,235.29 .00

32,783.35

43,489.64

131,481.96

70,230_34

1 ,826.O5

27,171.06

2,169.95

8.168.09

26,500.00

1.542,2O6.24

45,844_00

9,477.1 8

1 3,872.12

2,698,826.81

9,683.92

14,169.51

1 72,046.00

195,899.43

1 34,325_58

(1 ,61 7,O24.84)

344,108.34

801.37

(484,821.21 )

(1 ,622,610_76)

1 ,272,1 15.48

Page: 2

Page: 1

04110-00(HOA CLUB MEMBERSHIP INl

041 1 3-OO( RESEFiVE ASSESSMENTS

041 1 5-00( BENEFIT ASSMT 45 FT LOT

041 16-00( BENEFIT ASSMT 52 FT LOT

041 17-00( BENEFIT ASSMT 62 FT LOT

04118-OO!BENEFITASSMT 76 FT LOT-

0412O-OO( BENEFIT ASSMT 9O FT LOT

04140-00( INITIAL FEE INCOME

04145-00( PEF\SONAL TFtAINING

04150-OO( SPA SEFIVICES

04165-OO( FITNESS CLASSESS/MEMBE

04210-00( INTEREST-CHECKING

04270-OO( 1 NTEF{EST-RES E FiVES

O43OO-OO( FOOD SALES

04305-OO( BEEF\ SALES

04306-OO( LIQUOFi SALES

O4307-00(WINE SALES

04315-00(AFiC FIEVIEW INCOME

04317-00( FINES AND LATE FEES

04320-00( GOLF DUES

04325-00( GREEN FEE INCOME

O4327-00( CAF\T FEES-MEMBEFi CAFIT

04340-00( MERCHANDISE INCOME

04345-00( FiANGE FEE INCOME

131,523.91

13,997.16

15,854.61

24 ,686.28

18,122.47

5,275.93

i ,437.65

7,500.00

4,815.00

18,605_95

7,41 6.62

9.12

34. 93

42,418.19

9,316.69

ll,967.70

4,058.OO

980_OO

.00

95 ,439. 73

62,830.97

22,330.36

9,669.76

1 ,864.OO

INCOME

1 84,843.36 (53,319.45) 638,431.67

28,1 63.58 (14,166.42) 67,960.08

1 8,216.00 (2,361.39) 78,309.07

32,202.33 (7,516.05) 121 ,952.37

23,761.67 (5,639.2O) 88,002.23

7,202.00 (1 ,926.07) 25,077.45

2,O53.33 (615.68) 5,302.58

9,000.00 (1 ,500.00) 45,000.00

5,463.64 (648.64) 38,186,35

27,998.94 (9,392.99) 93,899.51

7,239.32 177.30 37,535.8l

15.00 (5.88)

20.00 14_93

924,216.80 (285,785.13)

140,81 7.90 (72,857.82)

91 ,080.00 (l2,770.93)

1 61 ,01 1.65 (39,059.28)

1 18,808.35 (30,806_12)

36,010.OO (10,932.55)

10,266.65 (4,964.O7)

45,OOO.00 .00

27,31 8.20 1 0,868.1 5

133,173.92 (39,274.41 )

36,1 96.60 1 ,339.21

74.77 75. OO (.23)

1 74.9O l 00.00 74.90

179,316.04 (136,897.85) 292,455.20 952,159.89 (659,7O4.69)

27,258.13 (17,941.44)

27,177.51 (15,209.81)

1 8,004.07 (13,946.07)

566.50 413.50

300.00 (300.OO)

l 80,424.72 (84,984.99)

63,156.00 (325.03)

51 ,140.00 (28,809.64)

1 1 ,635.36 (1 ,965.60)

1 ,289.85 574.15

59,821.06 143,972.09 (84,151 -03)

85,800.08 193,175.33 (1O7,375.25)

29,182.l7 129,459.48 (100,277.31)

3,430.00 2,832.50 597.50

50.00 1,500.OO (1 ,450.00)

446,825.81 902,123.60 (455,297.79)

61 1 ,799.56 31 0,593.OO 301 ,206.56

174,041.45 403,91l.00 (229,869.55)

79,581.32 79,581.93 (.61)

12,51 9.OO 8,452,89 4,066.1 1

2,218,120.35

337,962.99

218,592.00

386 ,428.00

285,l40.00

86,424_ 00

24,640. 00

1 08,000.00

65,563.62

263,165.39

86,871.80

18O_OO

240.00

2,153,394.64

331 ,650.87

363,947. 01

309,672.05

6,798.00

3,600.OO

2,165,096.64

495, 604. 90

796,458.00

17O,838.73

19,551.O7

Esplanade Golf & Country Club at Lakewood RanchEsplanade Golf & Country Club at Lakewood Ranch

Peril)d: 05/01/18 to 05/31/18

Page: 2

I I I I I

I lt I JI I I

04352-00( HANDICAP INCOME

04360-00( EVENT INCOME

04375-00( BEVEFiAGE CAFiT INCOME

O438O-00( LESSON INCOME

O439O-00( MISCELLANEOUS INCOME

04400-00- GOLF CLUB RENTAL

04425-00( COuFtT FEES - TENNIS

04702-00( FiESEFiVE FUND INTEF:EST

Total Income

COST OF SALES

06805-00( BEVEF:AGE CART EXPENSE

06810-00( FOOD EXPENSE

06815-00( MERCHANDISE

06821-00( BEEF( SALES EXPENSE

06822-00( LIQUOFi SALES EXPENSE

06823-00(WINE SALES EXPENSE

06825-00( PEFiSONAL TF]AINING EXPE

06830-00(CLINIC OF\ EVENT EXPENSE

06831-012 Signature Event Expense

O6840-00( SPA SEF\VICES EXPENSE

06845-00( CLASS EXF)ENSES

Total Cost of Sales

PAYROLL

.00 .00 .00

2.400.OO 2,01O.62 389.38

3,1O6.22 2,526.24 579.98

4,972. 00 4, 845.43 1 26. 57

9,743.33 6,510.82 3,232.51

720.00 1 ,014.79 (294.79)

140-00 601.00 (46l.00)

00 1 ,092.73 (1 ,092.73)

8,050.00 1 0,053.10 (2,003.10)

24,405.O7 12,423.72 1 1 ,981.35

31 ,i 70.50 26,303.32 4,867.18

49,281.29 42,388.65 6,892.64

6,437.00 6,178.51 258.49

140.00 3,606-OO (3,466.00)

(34.93) (20.OO) (14.93) (1 74.90) (100.00) (74.90)

1 ,092.73

24,127_41

1 9,824.20

63.226.28

87,964.48

1l,595.92

5,1 90.48

(240.OO)

531,201.65 923,936.25 (392,734.60) 3,154,721.40 4,953,782.81 (i,799,061.41) ll,l10,72l.56

EXPENSES

992.73 1 ,086.28 93.55

1 9,802.57 71 ,726.41

6,914.08 9,057.73

1 ,97O.92 1 0,O22.6O

3,019.72 8,669.38

891.29 6,100.81

3,017.OO 3,824.54

6,781.67 ll,610.23

1,827.18 1,311.27

1 0,803.95 1 7,359.35

4,080.01 3,565.78

60,101.12 144.334.38

8, 072.95 5,342. 20 (2, 730.75) 8,524.40

51 ,923.84 i 15,824_78 380,863.95 265,039.17 861 ,357.86

2,143.65 60,678.51

8,051.68 19,436.93

5,649.66 18,877.54

5,209.52 5,371 ,31

807.54 23,897,70

4 ,828.56 37, 249.99

60,125.O2 (553.49) 1 3O,490.62

52,571.07 33,l 34-14 121 ,728-28

63,856.33 44,978.79 1 23,799.25

44,391.89 39,O20.58 101 ,934.4O

19,122.70 (4,775.00) 45,894.53

58,051.15 20,801.16 1 39,322.70

(515.91) 20,61 1.38 7,1 02.72 (13,5O8.66) 70,808.71

6,555.40 57,282,18 82,567.84 25,285.66 163,1 62.55

(514.23) 20,447.71 19,282.20 (1 ,165.51) 46,346.09

84,233.26 387,750.98 793,277.O7 405,526.09 l ,81 3,369.39

Esplanade Golf & Country Club at Lakewood RanchEsplanade Golf& Country Club at Lakewood Ranch

Page: 3

06905-00( GROSS PAYFtOLL

06910-00( COMMISSION EXPENSE

06930-00( EMPLOYEE BENEFITS

06940-OO( EMF)LOYEE FiELATED EXPEl

Total Payroll

ADMINISTFiATION

O7OO5-00(ACCOUNTING FEES

07015-00( PAYFiOLL ADMINISTF]ATIVE

O7O20-00( BANK CHARGES

07025-00( COMPUTEF\ SUPPORT AND

07026-00( CONTINUING EDUCATION

O7O27-OO( DECOFiATI ONS

07030-00( DUES AND SuBSCFllPTIONS

07031-OO( HANDICAP EXPENSE

07035-00( LICENSES AND PERMITS

07045-00( INSURANCE-PF(OPERTY

07050-00( MANAGEMENT FEE

07053-00( EMPLOYEE MEALS/FiELATIC

07070-00( OFFICE SUPPLIES

O7075-00( PRINTING

07080-00( POSTAGE

07100-00(TELEPHONE

07105-00' SUPPLIES - OPENING

07130-00! F]ESEF(VE ASSESSMENTS

144.982.66 259,665.50 1 14.682.84 757,262.1 8 1 ,348.184.59

7,518.76 .00 (7,518.76) 20,521.91 1O,1 59.09

1 1 ,678.53 1 9,143.29 7,464_76 55,848.20 99,797.97

1 6,383.50 26,419.31 10,035.81 92,207.05 137,580.80

1 8O,563.45 305,228.1O 124,664.65 925,839.34 1,595,722.45

.00 6,695.OO

5,178.41 8,256.57

7,481.84 5,521.55

300.OO 1 ,193.94

.00 .00

.00 427.54

1 ,256.75 1 ,502.50

.00 .00

465.00 323.84

.00 .00

22,892.17 22,494.59

241.92 546.36

7,283.08 1 ,724.34

864_56 667.31

191.39 405.80

687.O9 1 ,O24.01

3,loo.OO .00

13,997.1 6 28,1 63.58

6,695.00 6,500_00 15,450,00

3,078.1 6 27,198.88 42,943.09

(1 ,960.29) 37,691.O8 40,358.30

893.94 i 5,574.00 21 ,356.13

_00 .00 .00

427.54 252.1 7 2,190.75

245.75 1 ,856.75 4,218.40

loo 2,830.00 i ,909 62

(141.16) 1,212.12 3,242.37

590,922.41

(10,362.82)

43,949.77

45,373_75

669,883.1 1

3.192,127.49

26,461.38

236,171.89

326 ,874.25

3,781,635.01

8,950. 00 24,907.46

15,744.21 1 01 ,658_39

2,667.22 72,962.i 3

5,782.13 31 ,61 9.22

.00 707.76

1 ,938.58 26,964.31

2,361.65 6,974.14

(920.38) 2, 652. 25

2,O30.25 5,71 6.90

loo .00 121,311-97 121,311.97

(397.58) 1 1 3,379.35 1 1 1 ,205.39 (2,i 73,96)

304.44 1 ,667.81 3,059.62 1 ,391.8l

(5,558.74) 28,175-06 9,525.06 (1 8,650.00)

(197.25) 4,029.09 3,008.74 (1 ,02O.35)

214.41 2,866.57 1 ,81 6.80 (1 ,049.77)

336.92 2,829.33 5,120.05 2.290.72

(3,1 00.00) 46,015-58 .00 (46,O1 5.58)

14,1 66.42 67,960.08 140,81 7.90 72,857.82

12l,311.97

262,548.28

7,430-51

22,498. 60

7,352.05

4,339.O7

1 2,288.15

.00

337,962.99

Esplanade Golf & Country Club at Lakewood RanchEsplanade Golf& Country Club at Lakewood Ranch

Page: 4

07150-00( CABLE AND INTEF\NET EXPE

07155-00( CASH OVEF( AND SHOFIT

O7160-00(TFiAVEL EXPENSE

07 1 7O-00( TAXES-P ROPERTY

Total Administration

MAFtKETI N a

07325-00(ADVEFiTISING AND MAFiKE|

07330-OO( PFiOMOTIONAL EXPENSE

07335-OO( ENTEFiTAI NM ENT

07340-01 'WEBSITE - GENEFiAL ADMIN

Total Marketing

FiEPAIRS AND MAINTENANCE

O740l-00(ALAFiM AND SECURITY

0741 0-00( CONTRACT SVS-45 FT BEN /

074l i-00( CONTF(ACT SVS-52 FT BEN /

07412-OO( CONTFiACT SVS-62 FT BEN /

07413-OO( CONTRACT SVS-70 FT BEN /

07414-00! CONTRACT SVS-90 FT BENE

O7415-00( CONTFiACT SVS-COMMON

07420-00( R&M-EQUIPMENT

O743O-00( FIRE SUPPRESSION

O7440-00( Fi&M-I F\RI GATI ON

O744l-00( Fi&M-1FiFilGATION - HOMES

07445-00( LAKE MAINTENANCE

2,334.71 1 ,999.68

5.69 .00

486.16

.00 .00

66,672.71 81 ,432.77

62.00

1 ,327.58

.00

1 20.00

(335.03) 9,329.55

(5.69) i 54.78

93.22 1 ,1 84.39

.00 .00

14,760.06 370,706.59

922.55 860.55 709.1 0

936.24 (391.34) 4,035.77

84.87 84.87 .00

9,998,40 668.85

.OO (i 54.78)

4,725.53 3,541 _14

.00 .OO

542,258.i 2 171 ,55l _53

2,697.33 1 ,988.23

4,1 89_47 1 53.7O

424.35 424. 35

73l.03 61 1.O3 909.00 3,655.1 5 2,746.15

1 ,509.58 2,674.69 1 ,165.1 1 5,653.87 10,966.30 5,312.43

.00 1 ,1O1.47 1 ,1O1.47 1 ,187.70 5,507.35 4,31 9.65

16,904.80 1 8,216.00 1 ,31 1.20 83,i 68.00 91,080.OO 7,912.00

25,764.00 32,202.33 6,438.33 126,379.2O 1 6l ,01 1.65 34,632.45

1 9,164.8O 23,761.67 4,596.87 91 ,304.OO 1 18,8O8.35 27,504.35

5,695.20 7,202.OO 1 ,506.80 26,216.OO 36,010.00 9,794.00

i ,265.60 2,053.33 787.73 8,136.00 10,266.65 2,i 30.65

39,938.09 34,639.45 (5,298.64) 186,451.97 173,l 97.25 (13,254.72)

4,O58.33 3,625.37 (432.96) 14,547.84 32,376.01 17,828.17

.00 .00

5,098.83 5,245.09

_ 00 . 00 382.45 382.45

146.26 38,556.45 26,225.45 (l2,33l.00)

14,081.79 .00 (14,081.79) 44,709.13 .00 (44,709.13)

too 4,097.73 4,O97.73 .00 20,488.65 2O,488.65

23,996.2l

.OO

8,l28.60

8,741.82

1 ,090,760.81

6,082_98

10,251.45

l ,909.60

8,772.41

27,016-44

1 3,217.63

21 8,592.00

386,428. OO

285,140.00

86 ,424. 00

24,640. 00

415,673.35

58,409.l2

2,037.98

63,159.6l

.00

49,172.72

Esplanade Golf & Country Club at Lakewood RanchEsplanade Golf & Country Club at Lakewood Ranch

Page: 5

O7446-00( PFIES EF(FIVE MAI NTENANCE

07450-00( F(&M-PUMP STATION

O746O-00( EQUIPMENT FiENTAL

07465-00( CAF\T REPAIR

07475-00( Fi& M-BU I LDI N a

07480-OO( Fi& M-HVAC

07481-00( PLANT REPLACEMENT - CO

07482-00! PLANT FIEPLACEMENT - HOl

07483-OO!TREE PFiUNNING - COMMOr

07484-00!TFiEE PRuNNING - HOMES

0751 O-OO(CONTFiACT SEF\VICES

0751 i-00z ENTERTAINMENT

O751 5-00( POOL SEFiVICE CONTFiACT

O7518-00! POOL FiEPAIRS & MAINTEN/

0752O-00(SECUF\lTY SEF\VICE CONTFi

07530-00(STFiEET UGHT MAINTENANl

O755O-OO( FiANGE EXPENSE

07555-00( R&M-GATE

07557-00( F]& M-DRAI NAGE

07565-00( PEST CONTROL CONTRAC|'

Total Repairs and Maintenanc(

SUPPLIES

07705-00( EQUIPMENT FUEL AND OIL

.00 .00

.00 .00

.00 896.73

.00 265_23

6,728.23 853.30

.00 27.32

384.00 3,278.18

3,354.84 3,278.1 8

_OO 1 ,639.O9

.00 1,821.21

67,481.75 92,684.77

1 ,400.00 1 ,748.36

3,550.00 2,600.00

.00 2,592.73

8,281.8O 5,463.64

.00 .00

5,290.08 5,569.73

35.00 2,185.45

420.1 0 1 63.91

.00 135.32

228, 897.24 257,347. 59

.00 .00 1,311.28

.00 i ,502.29 1 ,31 1.27

896.73 .00 1 ,533_29

265.23 660.73 1 ,59l.37

(5,874.93) 1 1 ,698.40 4,266.50

27.32 .00 136.60

2,894.1 8 7,249.81 1 6,390.90

(76-66) 17,O91.63 1 6,390.90

1 ,639.09 490.00 8,195.45

1 ,821.21 45.00 9,106.O5

25, 203.02 276, 036.93 287,997_ 50

348.36 5,950.00 1 0,053.07

(950-00) 14,540.00 13,OOO.00

2,592_73 2,552.77 12,963.65

(2,818.16) 35,68l.19 27,318.20

.00 1 ,262.00 2,21 1.44

279.65 9,1 13_38 6,842.81

2,150_45 i 5,660.00 10,927.25

(256.19) 756.42 1 ,91 2.28

135.32 .00 676.60

28,45O.35 1,O2O,946.84 i,log,490.22

4,OO1.35 4,370.91 369.56 17,892.24 2l ,854.55

l,311.28 2,622.56

(1 91.02) 2,622.54

1 ,533.29 4.122.39

930.64 3,81 9.24

(7,431.90) 1 0,239.76

136.60 327.82

9,l41 ,09 39,338.17

(700.73) 39,338.17

7,705.45 1 9,669.09

9,061.05 2l ,854.54

1 1 ,96O.57 628,370.89

4,1O3.07 24,914.1 8

(1 ,54O.00) 31 ,200.00

10,410.88 3l.557.33

(8, 362. 99) 65,563. 62

949.44 4,422- 88

(2,270.57) 14,322.1 6

(4,732. 75) 26 ,225.45

1 ,1 55.86 6,337.83

676.60 1 ,623.82

88,543.38 2,58l ,386.85

3,962.3 1 52,450- 90

Esplanade Golf & Country Club at Lakewoocl RanchEsplanade Golf& Country Club at Lakewood Ranch

Period: 05/01/18 to 05/31/18

Page: 6

lP I f I I

I I I I I I I I I

07710-00( OPEF\ATING SUPPLIES

07715-OO( SCOFiECARDS AND PENCIL:

07720-00( SMALL TOOLS

O7731-00( SPA SuPPLIES

07735-00( LINEN AND TOWELS

07740-00( UNIFORMS

O7750-OO( FEF\TI LIZE Fi

07760-00(SHOP SUPPLIES

07765-00(SEED AND SOD

07770-00( SAND-TOP DFiESSING

07780-00( C H EM I GALS

07785-00( GOLF COURSE SUPPLIES

O779O-00( LANDSCAPING MULCH

07795-00( LAN DSCAPI NG ANNUALS

O7796-00( LANDSCAPING TFIEES AND

07800-00( KITCHEN SUPPLIES

07810-00(SMALL WAFiES-KITCHEN

07820-00(AMENITY SUPPLIES

Total Supplies

UTILITIES

07905-00( ELECTF]l C

07910-00( ELECTFilC-STREET LICHTS

07920-00( ELECTFilC-BUILDINGS

07922-00( ELECTFi lC-KITCH EN

8,885.23 14,287.i 2

.00 341.72

5OO.OO 819.54

.OO 21 8.55

9,847.69 i 5,713.42

1 ,220.34 1 ,978_52

38,732.1 2 39,065.00

690.38 163_91

5,401.89 63,455.30 87,154.51

341.72 1 ,594.07 2,136.87

319.54 2,414.63 4,O97.70

218.55 .OO 1 ,91 2.29

5,865.73 57,947.56 79,332.OO

758.i 8 5,226.62 10,41 1.63

332.88 82,696.57 94,794.1 1

(526.47) 2,281.63

14,769.37 .00 (14,769.37) 13O,goo.12

2,702.86 2,185.45 (517.41) 5,997.68

35,177.57 38,245.45 3,O67.88 95,654.71

2O2_23 546.36 344.1 3 2,54O.22

.OO .00

.OO 8,741.82

.00 .00

.00 268.41

.00 79.57

i ,258.71 906.96

1 17,987.85 127,932.71

l4,683.47 14,899.25

.00 273.i 8

.00 655.64

1 ,748.52 967.54

loo 109,355.54

8.741.82 2,940.00

.OO 36,661.05

268.41 .00

79.57 .00

(351.75) 4,466.94

9,944.86 621 ,924.88

215.78 75,322.78

273.l 8 .00

655.64 .OO

(780.98) 7.469.66

23,699.21 197,777.58

542.80 5,727.16

1 , 683,O7 9 , 834.54

1 ,91 2_29 4,261.68

21 ,384.44 1 89,096.23

5,185.Ol 25,OO3.78

12,097.54 141 ,508.16

81 9.55 (1 ,462.08)

.OO (130,800.12)

6,01 0.OO 12.32

95,504.37 (150_34)

5,463. 62 2, 923.4O

54,636.35 (54,71 9.19)

1 7,756.82 14,816-82

1 ,092.72 (35,568.33)

1 ,342,05 1 ,342_05

397.85 397. 85

4,534.80 67.86

489,25l.79 (132,673.09)

73,831.95 (1.490.83)

1 ,365.90 1 ,365.90

3,267.26 3,267_26

4,837.70 (2,631.96)

i ,966.91

1 42,054.52

1 2,566.36

1 33,749.82

9,834.53

92,881.8O

55,455. 9 i

2,731.80

3,220.89

2,921 -72

i 0,883-56

1 ,093,927.85

1 77,823.20

3,278.1 8

7,856.74

ll,610.49

Esplanade Golf & Country Club at Lakewood RanchEsplanade Golf & Country Club at Lakewood Ranch

Page: 7

07928-00( GAS

07940-00( DEBRIS FiEMOVAL

07945-00(TRASH FiEMOVAL

07985-00( WATEF\-I F\RI GATION

07987-OO( WATEFl

07990-00( WATE Fi-POTABLE

Total Utilities

FIXED EXPENSES

O851O-00( EQUIPMENT LEASE

08550-00( CART LEASE EXPENSE

08570-OO( BUILDING RENTAL

Total Fixed Expenses

Total Expenses

Net Income (Loss)

3,839.1 2 3,346.7l (492.41) 24,388.65 1 6,979.40 (7,409.25)

.00 245.86

1 ,662.89 1 ,399.60

21 ,220.32 20,396.1 8

2,672.55 2,338.19

i ,393.65 945.98

47,220.52 45,468.13

7,248.03 4,745.33

6,490.80 6,790.80

.00 3,026.73

1 3,738.83 14,562.86

40,652.31

245.86 1 ,600.00 2,1 03,48 503.48 6,884.17

(263.29) 7,026.52 6,998.00 (28 52) 1 6,795.1 0

(824.14) loo,585-80 10l ,980-90 1 ,395-10 244,754-21

(334.36) 1 1 ,41 2.29 1 1 ,039.76 (372.53) 26,639.67

(447.67) 6,485.79 4,804.86 (1 ,680.93) 1 1 ,474.95

(1 ,752.39) 234,291.49 227,209.21 (7,082.28) 547,769.02

(2,502.70) 39,974.62 23,726.65 (16,247.97)

300.00 32,454.00 34,055.87 1 ,601.87

3,026.73 .00 15,1 33.65 15,133.65

56,943.96

81,591.47

36,320. 76

824.O3 72,428.62 72,91 6.17 487.55 174,856.19

716,691.30 978,981.23 262,289.93 3,639,542.61 4,841,091.33 1,201,548.72 ll,ilo,721.56

(185,489.65) (55,O44.98) (130,444.67) (484,821.21) 112,691.48 (597,512.69) .00