Financials

	RESPONSIBLE ELECTRICITY TRANSMISSION FOR ALBERTANS ASSOCIATION
	STATEMENT OF FINANCIAL POSITION
	As at December 31, 2010
	Unaudited
							Dec 31		Dec 31
							2010		2009
Assets
Current Assets
Cash in bank							19,636		27,094
Prepaid expenses & deposits							0		0
							19,636		27,094
Liabilities
Current Liabilities
Accounts payable and accruals							9,863		2,866
Loans from directors							29,000		0
							38,863		2,866
Net Assets
Net assets							(19,228)		24,228
							19,636		27,094
	RESPONSIBLE ELECTRICITY TRANSMISSION FOR ALBERTANS ASSOCIATION
	STATEMENT OF OPERATIONS
	For the Period From January 1 to December 31, 2010
	Unaudited
							Jan – Dec		Jan – Dec
							2010		2009
Revenues
Donations							100,012		126,919
Interest income							4		4
							100,016		126,923
Expenses
Legal fees							91,869		0
Advertising, brochures & signage							1,591		46,660
Venue & equipment rental & audio-visual aids							1,502		31,685
Office supplies & postage							134		10,557
Professional services							39,787		9,994
Insurance, Licenses & fees							1,932		1,920
Administrative expenses							6,657		1,878
							143,471		102,695
Excess of revenues over expenses							(43,455)		24,228
Net Assets, January 1							24,228		0
Net Assets, December 31, 2010							(19,228)		24,228