Treasurer's Report

STATEMENT OF RECEIPTS & PAYMENTS FOR THE YEAR ENDED 31 MARCH 1998
RECEIPTS
Interest (all accounts)	3,677.61
Membership	2,415.00
Return of seeding loan - 16th Conference	5,000.00
Sundry Income (profit 16th Conference)	1,258.63
	__________
	$12,351.24
	__________




PAYMENTS
Student Travel & Guest Speakers*	37.50
Bank Charges	32.58
Audit Fee	150.00
Seeding loan - 17th Conference	8,000.00
Meetings (AGM)	30.58
Sundry Expenses (postage)	139.00
	_________
	$8,389.66
	_________
SURPLUS FOR YEAR	$3,961.58
	_________

*	This figure has been reduced from $669 to $37.50 due to cancellation of two cheques related to travel.

ANZSMS BALANCE SHEET AS AT 31 MARCH, 1998
ACCUMULATED FUNDS
Balance as at 1st April 1997	53,510.80
Add surplus for the year	3,961.58
	__________
	$57,472.38
	__________
Represented By:
CURRENT ASSETS
Westpac Term Deposit	37,538.95
Westpac Cheque Account	19,933.43
	__________
	$57,472.38
	__________
Karina Watkins (Treasurer)