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Minutes of the 79th Annual General Meeting of the Oxford and Cambridge Sailing Society at Kellogg College Oxford on Saturday 28th September 2019, being the 85th Anniversary of the Society
1. In 2018 the accounts above indicate that we made a total loss of £2,742.46. However, most of this was a notional ‘loss’ of £1996.32 on our investments due to decline in capital value. Our real or ‘cashflow’ loss was £746.14, of which £403.80 was a loss on the dinner.
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