YANGA ILITUMIA MILIONI 375 KUSAJILI KIKOSI TISHIO LIGI KUU , SOMA TAARIFA KAMILI YA MAPATO NA MATUMIZI HAPA

Makamu Mwenyekiti wa Yanga SC, Clement Sanga (katikati) akizungumza na Waandishi wa Habari jana, makao makuu ya klabu hiyo makutano ya mitaa ya Twiga na Jangwani, Dar es Salaam kuhusu taarifa ya mapato na matumizi katika kipindi cha miezi mitatu ya kuwapo kwao madarakni (Julai 15 hadi Oktoba 15, mwaka huu),  Wengine kulia ni Mkurugenzi wa Fedha wa Yanga, Dennis Oundo na kushoto Katibu Mkuu, Lawrence Mwalusako. Katika taarifa hiyo, inaonyesha Yanga ilitumia Sh. Milioni 375 kwa usajili.

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YOUNG AFRICANS REGISTERED TRUSTEES (YANGA)
			P.O.BOX 15202
			DAR ES SALAAM
			TANZANIA
			Tel: 022 2180011
			E-Mail:info@youngafricans.co.tz
				Website:www.youngafricans.co.tz
STATEMENT OF PROFIT &LOSS
(FOR THE PERIOD 15 JULY 2012 To 14 OCTOBER 2012)
RECEIPTS (in Tanzanian Shillings)
1	Grants			601,373,185.00		57.7%
2	Gate Collection			190,731,132.00		18.3%
3	Sponsorship Income			80,000,000.00		7.7%	Note 1
4	Trade Mark Licensing			112,144,000.00		10.8%
5	Prize Money			55,300,000.00		5.3%
6	Member Registration			2,529,000.00		0.2%
7	Broadcasting Income			-		0.0%
7	Rent Income			-		0.0%
8	Merchandising			-		0.0%
				1,042,077,317.00
EXPENDITURE (in Tanzanian Shillings)
1	Approved Expenses
		Accommodation Expenses	37,629,160.00
		Allowance Expenses	3,710,000.00
		Bank Charges	524,444.94
		Foods & Beverages	88,300.00
		Fuel Expenses	1,245,000.00
		Local Transport Expenses	7,276,000.00
		Maintenance Exp	305,000.00
		Medical Expenses	2,013,000.00
		Misc Expenses	1,402,000.00
		Player Registration Exp.	375,325,000.00
		Salary & Wages	126,905,000.00
		Stationary & Printing	626,500.00
		Telephone Expenses	20,000.00
		Training Expenses for Players	294,000.00
		Training Fees	1,935,483.87
		Travel Expenses	39,380,125.00	598,679,013.81		53.6%
2	Approved Expenses - Not			Substantiated
		Salary and Wages	100,000.00
		Suspense	288,190,816.00	288,290,816.00		25.8%	Note 2
3	Unapproved - Not Substantiated			85,652,968.00		7.7%	Note 3
4	Unapproved - Substantiated			8,666,000.00		0.8%	Note 4
5	Provision		135,063,290.00	135,063,290.00		12.1%	Note 5
	Total Expenses			1,116,352,087.81
	Surplus/(Deficit) (in Tanzanian Shillings)			(74,274,770.81)
Note 1	The "Sponsorship Income" of Tshs 80,000,000.00 for the period of 15th July, 2012 till 14th October, 2012  is solely from Tanzania Breweries Limited. There was no sponsorship income received for participation in the Premier League from TFF for Vodacom's sponsorship of the Premier League.
Note 2	The "Suspense" amount of Tshs 288,190,816.00 is for transactions that have not yet been satisfactorily accounted for. The major items are: Tshs 55.3 mill prize money of Kagame Cup, Tshs. 30 mill for Pre Season Rwanda trip, Tshs. 30 mill for Player Signing fees, Tshs. 19.8 mill paid for termination of Players Contracts, Tshs 16.5 mill bonus paid to players, Tshs. 8 mill paid to CECAFA, Tshs. 3 mill for accommodation of Team Coach, Tshs. 57.8 mill other sums.
Note 3	The "Unapproved - Not Substantiated" amount of Tshs 85,652,968.00 was paid from 15th July, 2012 till 20th August, 2012 by the Secretary General  without approval or input of the Executive Committee elected on 15th July, 2012 and no supporting documents have been found to substantiate the requirement of payment(s).
Note 4	The sum under the heading "Unapproved - Substantiated" of Tshs 8,666,000.00 was paid by the Secretary General from 15th July, 2012 till 20th August, 2012 without approval or input of the Executive Committee elected on 15th July, 2012 but there are documents to substantiate proof of outstanding(s).
Note 5		The "Provision" amount of Tshs 135,063,290.00 has been made primarily due to new creditors that have made demands for payments for period prior to 15th July, 2012 but no information of their existence has been found by Executive Committee elected on 15th July, 2012. Verification is currently being undertaken for such claims.
		(YUSUF MEHBUB MANJI)		(LAWRENCE MWALUSAKO)
		Chairman		Ag. Secretary General