| |
Sydney Steel Corporation Business Plan 2003-04 (continued)
Budget Context -
The Province of Nova Scotia has accounted for the anticipated costs
of decommissioning the site and addressing the environmental remediation
issues.
This year, Sysco’s budget year, which runs as a calendar year,
will be brought in line with the provincial fiscal year ending March
31.
| |
Forecast 2002 |
Budget 2003 |
| |
$ |
$ |
| Revenue |
38,076,000 |
31,711,000 |
| Expenses: |
|
|
| Payroll |
1,255,000 |
1,060,000 |
| Consulting |
2,540,000 |
2,250,000 |
| General and Administrative |
9,659,000 |
3,793,000 |
| Security |
919,000 |
840,000 |
| Demolition &Environmental Remediation |
9,836,000 |
18,961,000 |
| Total Expenses |
24,209,000 |
26,904,000 |
| Surplus |
13,867,000 |
4,807,000 |
|
|
