SHARE FOR SALE IN NARROWBOAT

BROADSWORD

 YEARLY RUNNING COSTS

BUDGET FOR THE YEAR

MARCH 2007 to FEBRUARY 2008

MOORINGS..........................................................£1950

LICENCE...............................................................£850

INSURANCE...........................................................£480

SERVICING & TURNAROUND...................................£2200

BREAKDOWNS & REPAIRS......................................£1100

INVENTORY & REPLACEMENTS..................................£700

GAS......................................................................£140

MISCELLANEOUS.....................................................£440

                       TOTAL EXPENDITURE......................£7860

BUDGETED COST PER 8% SHAREHOLDING.......................£628.80

WINTER MAINTENANCE IS CHARGED WHEN THE WORK IS CARRIED OUT

THE COST FOR THE FEBRUARY 2007 WORK WAS...............£177.70 per share

ADMINISTRATION COSTS..........................................£350 per share

TOTAL COST FOR THE YEAR PER 8% SHAREHOLDING.......................£1156.50