Amsa’s 2000 Financial Report Shows Profits and Facility Growth

The “numbers” of Amsa’s impressive 2000 financial report are soaring across the board. For the former municipal company led by President Caproni, the highlight is a profit of 931 million lire expected by the end of December, up from 900 million in the previous year and 732 million in 1998. The budget forecast was communicated by Amsa’s manager to the city council the other evening.

The other “petals” of the ongoing fiscal year concern the various managed facilities. The Casino bar remains in operation, despite being traditionally considered the “black sheep” of the former municipal company due to its notoriously low revenues. By the end of November, earnings reached 237 million lire compared to 200 million in 1999.

Initiatives and Facilities

“We do not intend to lease the bar,” Caproni clarified, “but we are determined to enhance it to finally overcome the deficit.” There was a significant increase in rent for the rooms of the historic nineteenth-century structure. Rents rose from 39 million lire twelve months ago to 202 million. The key factor was the 165 million lire that the municipality finally paid for the events it organizes.

Positive notes for the Prabi swimming pool. Despite July’s bad weather, it generated 165 million lire, compared to 124 million in the previous summer. The campsites at Prabi and at the mouth of the Sarca River proved once again to be a “gold mine” for Amsa’s coffers. The facility on Lake Garda yielded 2 billion 444 million lire, that is 19 million more than in 1999.

At Prabi, the revenue was 1 billion 482 million lire, with a slight decline of 34 million due to logistical reasons.