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Appendix 16 <br /> Appendix £16] <br /> Explanatory footnotes to 10 year Cash Flow projections. <br /> [1] Public skating <br /> Operating a consistent 12 months , year-over-year would elimi- <br /> nate the inefficient business start-up each year. Extrapolating from <br /> the 4 monthly trend (October 1992-January 1993) gives a monthly average <br /> of $16, 000. <br /> * Assume a 15% increase from continuity factor gives $ 18 , 400 per <br /> month. <br /> * Additional public hours during school closures and holidays pro- <br /> jects an additional 18% = $21, 312 . <br /> * Add skate rentals @ $ 13 , 000. <br /> 8 months @ 18,400 $ 147, 200 <br /> 4 months @ 21,312 $ 85, 248 <br /> skate rentals $ 13, 000 <br /> total $ 245, 448 <br /> less 25% error $ 60, 503 <br /> Projected income $ 184, 945 <br /> [2] Ice Hockey <br /> 4 months actual income for Men's , Pick-up and Novice leagues <br /> amounts to $12 ,212; extrapolated to a full year this will brings $ <br /> 36, 636. College hockey brings in $14, 000/year; TYHA youth hockey <br /> another $25, 000 per year and the April skate school $ 5, 000 <br /> total $ 80, 636 <br /> * Doubling the Men's league <br /> additional $ 36, 636 <br /> * hockey camps <br /> 8 sessions/division <br /> 5 divisions/ <br /> 28 participants/ <br /> $350 per child <br /> potentially $392, 000 <br /> conservative estimate $ 60, 578 <br /> projected income $ 177 ,840 <br /> [3] Figure Skating <br /> The shortness of the current season severely restricts the estab- <br /> lishment of a figure skating association. When the rink is operative <br /> year-round it is confidently predicted that present levels of income <br /> will rapidly rise based on demand already exhibited. 1992/3 extrapolat- <br /> ed income of $ 37, 167 is projected to rise to $ 97, 640. <br />