DIAMONDHEAD COUNTRY CLUB & PROPERTY OWNERS ASSOCIATION, INC.
2005 BUDGET
OPERATIONS
		MEMBER-	ROADS &	GOLF	COUNTRY	YACHT							FACILITIES
October 6, 2005	TOTAL	SHIP	DRAINAGE	OPS	CLUB	CLUB	ADMIN	A & E	RECREAT'N	TENNIS	MARINA	AIRPORT	MAINT
REVENUES	7,844,510	3,886,630	319,730	1,613,542	1,079,870	309,194	302,039	232,500	8,315	65,150	12,000	15,540	0
COST OF SALES	641,637	0	0	167,960	368,698	104,979	0	0	0	0	0	0	0
GROSS PROFIT	7,202,873	3,886,630	319,730	1,445,582	711,172	204,215	302,039	232,500	8,315	65,150	12,000	15,540	0
OPERATING EXPENSES	6,849,843	209,488	319,730	1,858,939	879,668	318,069	1,523,556	93,014	174,068	115,529	12,602	1,767	1,343,413
DEPT PROFIT/(LOSS)	353,030	3,677,142	0	(413,357)	(168,496)	(113,854)	(1,221,517)	139,486	(165,753)	(50,379)	(602)	13,773	(1,343,413)
ADD:  DEPRECIATION	381,792	0	0	178,484	54,957	15,840	85,284	0	14,368	2,631	8,882	0	21,346
OPERATING CASH FLOW	734,822	3,677,142	0	(234,873)	(113,540)	(98,014)	(1,136,233)	139,486	(151,385)	(47,748)	8,281	13,773	(1,322,067)
CAPITAL EXPENDITURES/PROJECTS	444,775	0	0	96,900	27,500	4,775	45,000	0	55,000	9,100	0	0	206,500
NET CASH FROM OPERATIONS	290,047	3,677,142	0	(331,773)	(141,040)	(102,789)	(1,181,233)	139,486	(206,385)	(56,848)	8,281	13,773	(1,528,567)