116 City of Chilliwack TOURISM CHILLIWACK INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2021 TOURISM CHILLIWACK INC. Notes to Consolidated Financial Statements (continued) Year ended December 31, 2021 Segmented information (continued): The following table outlines the Company's revenues and expenditures by operating segments: Facility Tourism Retail Management services services Eliminations 2021 2020 Revenues: Operating agreements $ 416,700 $ 150,411 $ - $ - $ 567,111 $ 692,111 Sales, rental and other income 316,501 7,101 127,235 - 450,837 396,203 Advertising revenues - 448,391 - (65,000) 383,391 187,613 Hotel tax - 360,036 - - 360,036 263,465 Interest income 59 4,449 - - 4,508 8,490 733,260 970,388 127,235 (65,000) 1,765,883 1,547,882 Expenditures: Staffing costs 379,590 232,357 41,136 - 653,083 705,516 Advertising and business development 65,000 503,340 2,251 (65,000) 505,591 364,314 Operations 61,462 34,838 44,700 - 141,000 163,879 Administration 45,190 89,275 - - 134,465 124,903 Utilities 44,445 4,557 - - 49,002 62,862 Amortization of tangible capital assets 1,228 10,211 - - 11,439 14,000 596,915 874,578 88,087 (65,000) 1,494,580 1,435,474 Annual surplus before distribution $ 136,343 $ 95,810 $ 39,148 $ - $ 271,303 $ 112,408 12
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