Huge apologies for publishing this financial statement just now. It's eight days until the Steem Summit marks its first month anniversary. I got to finally sit down and share this final Steem Summit Financial Statement with all of you, especially to the sponsors.

Let's cut to the chase and get right to the breakdown, shall we?

This financial statement is divided into three parts: the first part details the paper money transactions that the organizers have made, the second part shows the SBD transactions and the third shows the supporting documents that back the numbers up. Feel free to contest any of the items that are laid out here - this is a free blockchain after all.

A. Paper Money Transactions

Incoming Cash Flow

The amount that the organizers have cashed out were mainly from the sponsors: @donkeypong, @kryptonia, @maefe30 and from your upvotes. The organizers made four cash withdrawals from Cebuana Lhuillier and one from Palawan Express. (Assume: 1 SBD = 3 USD = Php 150)

Date of Withdrawal	Net Amount	Sponsor	Person Responsible
March 10, 2018	Php 1,000.00	@maefe30	@thegaillery
March 19, 2018	Php 37,800.00	@kryptonia	@legendarryll
April 14, 2018	Php 6,897.00	@donkeypong	@thegaillery
April 20, 2018	Php 8,563.00	@donkeypong	@thegaillery
April 21, 2018	Php 9,253.00	@donkeypong	@thegaillery

Thus, the organizers had a total of Php 63,513.00 in cash.

Outgoing Cash Flow

The cashed out amount was spent on program paraphernalia, transportation and food. These are further detailed below:

Program Paraphernalia

Item Description	Amount	Person Responsible
Venue	Php 31,500.00	@legendarryll
Exhibit sintra boards	Php 3,516.00	@legendarryll
Pole dance equipment	Php 2,500.00	@thegaillery
Summit shirts	Php 2,500.00	@legendarryll & @ybanezkim26
Paper for certificates, safety pins, glue tack, masking tape, scissors, gel pen, tissue, marker	Php 2,207.50	@legendarryll & @ybanezkim26
Notepads and keychains	Php 1,750.00	@legendarryll
Token for speakers	Php 1,350.00	@ybanezkim26 & @thegaillery
Tarpaulin and posters	Php 489.00	@legendarryll
Stickers and posters	Php 480.00	@legendarryll
Certificates printing	Php 439.00	@ybanezkim26 & @thegaillery
ID cards	Php 150.00	@legendarryll
T-shirt printing	Php 140.00	@legendarryll

Food

Date	Item Description	Amt	Person Responsible
April 16, 2018	Organizers' meeting	Php 520	@ybanezkim26, @legendarryll & @thegaillery
April 19, 2018	Organizers' meeting	Php 298	@ybanezkim26, @legendarryll & @thegaillery
April 21, 2018	Organizers' final preparations	Php 1,331.00	@ybanezkim26, @legendarryll, @thegaillery &@honeyletsgo
April 22, 2018	Steem Summit's special guests' food	Php 1,832.00	@wandergirl, @redspider, @babybear
April 22, 2018	Steemians' food	Php 7,046.25	@wandergirl, @redspider, @babybear
April 22, 2018	Drinks and ice	Php 1,039.00	@wandergirl, @redspider, @babybear
April 22, 2018	Plates and cups	Php 865.25	@wandergirl, @redspider, @babybear
April 24, 2018	Organizers' event assessment meeting	Php 897.00	@ybanezkim26, @legendarryll & @thegaillery

Transportation

Date of Purchase	Item Purchased	Amount	Person Responsible
April 15, 2018	Taxi fare	Php 101.00	@ybanezkim26 & @legendarryll
April 16, 2018	Taxi fare	Php 126.00	@ybanezkim26 & @legendarryll
April 17, 2018	Taxi fare	Php 318.00	@ybanezkim26 & @legendarryll
April 19, 2018	Taxi fare	Php 117.00	@ybanezkim26 & @legendarryll
April 20, 2018	Taxi fare	Php 230.50	@ybanezkim26 & @legendarryll
April 21, 2018	Net taxi fare	Php 654.50	@ybanezkim26 & @legendarryll
April 22, 2018	Jeepney fare	Php 21.00	@thegaillery
April 24, 2018	Taxi fare for assessment meeting	Php 300.00	@ybanezkim26 & @thegaillery
Unknown dates	Net taxi fare	Php 700.50	@ybanezkim26 & @legendarryll

Thus, the organizers have spent a total of Php 63,418.50, that leaves us with Php 94.50 in the Steem Summit fund.

B. SBD TRANSACTIONS

Incoming SBD Flow

Apart from @donkeypong's generosity, @surpassinggoogle and all those who shared their upvotes on the Steem Summit's promotional posts were the source of this rewards pool.

Outgoing SBD Flow

The amount that we transferred were given to the competition winners, program performances and the working committee. These are further broken down below:

Competition Winners

Poetry Winners

The poetry competition is divided into two subcategories. Therefore, there are two sets of three winners for this category. Each subcategory has a prize pool of 10 SBD.

Art Submission Winners

The art competition was allotted 11 SBD, instead of 10 SBD, because two of the runners-up had a tie.

Photography Winners

The photography competition is divided into two subcategories. Therefore, there are two sets of three winners for this category. Each subcategory has a prize pool of 10 SBD.

Travel Post Winners

This category also has a prize pool worth 10 SBD.

The total amount allocated to the competition winners is 61 SBD.

Program Performance

The organizers wanted to incentivize the performance of the Steemians, therefore, SBD rewards were given to the Steem Summit performers.




The total amount allocated to the program performances is 25 SBD.

Working Committee

The working committee made sure that the event went through smoothly and that the guests would be properly situated during the event. SBD rewards were given as a way of saying thanks for their services and time.





The total amount allocated to the working committee is 23.666 SBD.

C. DOCUMENTATION

As mentioned previously, this third part will include the receipts and documents that will back the numbers that were stated in the previous parts

A. Paper Money Transactions - Incoming Cash Flow

B. Paper Money Transactions - Outgoing Cash Flow

1. Venue
   

2. Taxi fare
   

3. Program paraphernalia
   

1. Food
   

The remaining cash and SBD will be used to fund for the Steem Summit's next endeavors. Rest assured, the team will still remain transparent and accountable.

On behalf of the organizers, thank you for being a part of the first Steem Summit. We hope to see you again in the next!

Best,
@thegaillery