2021-2022 Select Financial Information

MNP conducted the annual audit for the fiscal year ended October 31, 2022. The audit was carried out in accordance with Canadian generally accepted auditing standards, and included a review of all significant accounting and management reporting systems, with each material year end balance, key transaction and other events considered significant to the financial statements considered separately.

The total review at October 31, 2022 was $1,976,049, and total expenses of $1,900,499 for a net revenue of $75,550.

REVENUES

KAP’s revenues come from 3 primary sources: KAP Check-off Membership, Commodity Association Members, and the Government of Manitoba under the Canadian Agricultural Partnership program and Sector Council.

2021-2022 MEMBERSHIP REPORT

EXPENDITURES