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Annual Report 2013/14 Nswis Annual Report 2013/14 Contents

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Annual Report 2013/14 Nswis Annual Report 2013/14 Contents ANNUAL REPORT 2013/14 NSWIS ANNUAL REPORT 2013/14 CONTENTS Minister’s Letter ................................................................................................2 Financials ....................................................................................................... 42 Chairman’s Message .......................................................................................3 Statements - The NSW Institute of Sport ................................................. 43 CEO’s Message ................................................................................................4 Comprehensive Income............................................................................... 46 Financial Position ...........................................................................................47 Principal Partner’s Report ...............................................................................5 Changes in Equity ......................................................................................... 48 Centre of Sporting Excellence .......................................................................6 Cash Flows ..................................................................................................... 49 NSWIS Management and Structure .............................................................8 Notes to the Financial Statements ............................................................ 50 Organisational Chart .....................................................................................10 Statements - Institute of Sport Division .................................................... 64 Operational Overview .................................................................................. 12 Comprehensive Income............................................................................... 67 Corporate Services ........................................................................................ 14 Financial Position .......................................................................................... 68 High Performance Services ......................................................................... 18 Changes in Equity ........................................................................................ 69 Applied Research Program ......................................................................... 39 Cash Flows ..................................................................................................... 70 Notes to the Financial Statements ............................................................. 71 Appendices .................................................................................................... 75 Index................................................................................................................ 84 1 NSWIS ANNUAL REPORT 2013/14 CHAIRMAN'S MESSAGE It has been another successful reporting period While our athletes continued to reach great for the NSW Institute of Sport, with a number of heights in their sport, the Institute also made significant achievements highlighting the depth great strides as Australia’s Winning Edge of NSW sporting talent. strategy continued to develop throughout the The Olympic and Paralympic Games in Sochi, high performance sporting framework. There Russia, were a highlight and an outstanding is now a greater focus on investing resources display of athletic prowess, as well as a terrific into sports where athletes have proven success celebration of winter sport. at world championship, Commonwealth and Olympic and Paralympic level. The NSWIS provided 29 athletes to the Olympic team and five athletes to the Paralympic team, The NSWIS supports the strategy with the with NSWIS athlete Torah Bright producing a ability to retain local flexibility, ensuring there medal winning performance in the women’s is a pathway for NSW’s athletes on the cusp of snowboard half-pipe. While medals are always a success to be given the opportunity to compete significant achievement, there were also a number at the highest level. This approach ensures the of promising displays that we must credit. talent pool remains strong, and there is a robust pathway for developing athletes. The Winter Olympics saw a total of eight top-10 finishes from NSWIS athletes, including Bright’s The Institute will continue working with the silver medal in the half-pipe and a seventh place Australian Sports Commission as the Winning finish in the women’s snowboard slopestyle. Edge strategy continues to develop, ensuring Adding to the success were top-10 finishes from the long-term success of high performance Matthew Graham (moguls), Britteny Cox (moguls), sport in NSW and Australia. Russ Henshaw (ski slopestyle), Katya Crema (ski cross), Kent Callister (snowboard half-pipe) and Belle Brockhoff (snowboard cross). The Paralympic Games saw two NSWIS athletes achieve top-10 results; Ben Tudhope finishing 10th in the men’s para-snowboard cross, and Melissa Perrine placing fourth in the women’s visually impaired downhill event. Tudhope’s impressive result was on Paralympic debut at only 14 years of age, a great sign for the future Phil Coles AM of winter Paralympic sport in Australia. NSWIS CHAIRMAN Following on from the Sochi Games, the beginning of the 2014/15 reporting period included the 2014 Commonwealth Games from Glasgow, Scotland. There were 86 NSWIS athletes competing in Glasgow, and all representatives continued the Institute’s great tradition of success at the Commonwealth level. 2 3 NSWIS ANNUAL REPORT 2013/14 CEO’S PRINCIPAL MESSAGE PARTNER'S REPORT The 2013/14 reporting period was a busy time I would like to thank NSWIS Chairman Phil Wow! What a remarkable year it has been managed to take fourth place with a personal in sport, with many of us celebrating excellent Coles AM, Deputy Chairman Alan Jones AO, for the NSW Institute of Sport. Once again, best time of 13.57 seconds. sporting achievements while also progressing the NSW Government and our Principal Partner ClubsNSW has been privileged to be the Clubs across NSW have a strong passion for planning for the 2016 Olympic and Paralympic ClubsNSW for their ongoing support of the Principal Partner of this great organisation supporting local sport and at an industry level, Games. Institute. that provides crucial support to our elite and ClubsNSW is proud to have supported the In late 2013 we celebrated as James Along with the work of the tireless staff at the emerging athletes. We have been lucky enough NSWIS since its inception in 1995. As Chairman Magnussen and Jessica Fox were respectively Institute, having the direction from our Board this year to watch many Australian athletes of ClubNSW, it was a privilege to extend our named the ClubsNSW Male Athlete of the Year and support from our sponsors and partners achieve their goals – something that reinforces support of $1 million a year in sponsorship until and Sydney City Toyota Female Athlete of the means our athletes and coaches are able to why we are proud to continually support 2016. We wanted to make sure the NSWIS had Year at the 2013 NSWIS Awards. Both athletes achieve great things at home and abroad. the NSWIS. the financial security to support our sporting celebrated world championship victories The role the NSWIS plays in shaping our athletic heroes as they prepare to take on Rio. during the reporting period, and were joined stars is astounding and one that continues to Clubs across NSW also invest heavily in by a range of athletes and coaches who were be needed to make sure the high calibre of supporting community sporting groups and recognised for thir success during the year. Australian athlete’s remains. while most of these kids don’t end up being It is always a positive sign for the NSWIS when I must confess that I was one of many the next Olympic or Commonwealth Games sporting success is celebrated year-round, Australians, sitting on the edge their seats, superstar, for us it’s about supporting Australia’s because it is a reflection of the hard work of the cheering on our Athletes at Sochi and I was unofficial sporting champions and allowing athletes and staff here at the NSWIS. proud to see one of the NSWIS finalists for the young people to have every opportunity to This was evident when 29 NSWIS athletes ClubsNSW Male Athlete of the Year Award, Alex achieve their sporting goals. were selected on the Australian Winter Olympic Charles Turner Pullin, lead the Australian squad at the opening On behalf of ClubsNSW, I would like to Team, and five athletes were selected on the NSWIS CHIEF EXECUTIVE ceremony as the official flag bearer. It was also congratulate the NSWIS, its staff, athletes and Australian Winter Paralympic Team. We have great to be able to cheer on Torah Bright as she coaches on a stellar year. You continue to worked diligently in recent times to grow the won the silver medal in the half pipe. represent our country with honour and pride and strength of our winter sports representation at a For me, watching the NSWIS athletes compete I look forward to watching the continued success national level, and this work was rewarded with at Sochi really brought home how talented of NSWIS athletes over the coming year. the excellent performances in Sochi. Australians are and how successful the NSWIS While the 2014 Commonwealth Games took organisation has been in developing this talent. place outside the reporting period it is important This success was also seen through the to note that as an Institute we enjoyed
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