Annual Report 2009-10
ABN 27 109 607 472
Vision, Mission & Values
Our Vision A society that is committed to the prevention of dementia, and that values and supports people living with dementia.
Our Mission To minimise the incidence and impact of dementia through leadership, innovation and partnerships - in advocacy, policy, education, services and re- search.
Our Values Respect for the dignity of all individuals Cooperative working relationships Integrity, accountability, transparency Value the contribution of all people involved with our work Strength through unity, with respect for diversity Responsiveness to our community
Cover photo: newly appointed AlzNSW Ambassadors Maxine McKew, PJ Lane, Ita Buttrose and Doris Younane lead off the walkers at the Sydney Memory Walk at Parramatta Park held on 26 Sept 2010.
The Australian Government funded programs of Alzheimer’s Australia NSW are: National Dementia Support Program which includes early intervention or Living with Memory Loss, National Dementia Helpline and Referral Service, Education and Awareness, Dementia Memory Community Centres - at North Ryde, Bega and Port Macquarie, Regional Partnerships which includes part funding of the library and some education services. The Australian Government has also funded a Remote Access Dementia Education Program and the Bega Mobile Respite Team and the CCRC.
2 Alzheimer’s Australia NSW Contents
Report from the Chairman 4 Report from the Chief Executive Officer 6 Board of Directors 8 Our donors 12 Volunteers 15 The year in review: 1 July 2009 - 30 June 2010 16 The Board and Advisors 18 Concise financial report 20 Contact Us 36
ABS: LEADING CAUSES OF DEATH (a) Australia ‐ Selected years ‐ 1999‐2008 30,000
Dementia is now the 3rd leading cause of death in Australia 25,000
Ischaemic heart diseases (I20‐I25)
20,000 Strokes (I60‐I69)
Dementia and Alzheimer disease (F01‐F03, G30) 15,000 Trachea and lung cancer (C33‐C34) People
Chronic lower respiratory diseases (J40‐ J47) 10,000 Colon and rectum cancer (C18‐C21)
Diabetes (E10‐E14)
5,000
0 1999 2003 2008
Annual Report 09-10 3
Report from the Chairman
This has been a momentous year….
Robin Wirth had to resign because of ill Our administration office moved from health early in the year. We wish her well Talavera Road to the Gibson-Denny with her future and with her health. John building in March. The move means that Morrison has become Vice Chair - we are we enjoy significant savings on rental very lucky to have him and the special expenses and we are now located next skills he brings - and Gabrielle Kibble AO door to the Vincent Fairfax Building. We has come on to the Board - she wants to named the new Building after generous put something back into society after a benefactions we received. The move very successful and high profile career and was overseen by a great Committee and we welcome her. Of course her name will Sue Sackville deserves great credit for be submitted to the AGM in the normal her outstanding role in the move and in fashion for its consideration. subsequent improvements we have made to the area. At the opening the NSW It has been a very “high profile” year. Premier gave us a generous $250,000 There is certainly more awareness and grant to be used for younger onset understanding of dementia through greater dementia research - we do social media activity, through research papers research and do not cover the same and through our other activities. The territory as Alzheimer’s Australia media activity has been very pleasing and Research. our CEO John Watkins has been in the media a lot - and we have benefited from The NDSP contract from the Federal his wisdom and media savvy. Our Government was renewed for the next research enabled us to contact all three years. This was very good news parliamentarians in this State with what and provides stable conditions for many dementia would mean for their electorate. of our wonderful employees. At the same And much of what we presented in that time as we are happy with that, we are exercise appeared subsequently in local anxious to have more of our employees papers and on radio. Other States and on “hard” money which would continue Territories are now copying us in taking and which is not subject to the whims of such an approach. It might be easier for government. So the interest from our them as we have by far the greatest (again) growing investment portfolio is number of Parliamentarians to cover. important to us and thanks go to a dedicated and hard working Investment Advisory Committee.
4 Alzheimer’s Australia NSW The official opening of AlzNSW new administration office, The Gibson-Denny Building on 23 July 2010.
Photo L-R: NSW Minister for Ageing The Hon. Peter Primrose MP, AlzNSW Chairman The Hon. Prof. Peter Baume, NSW Premier The Hon. Kristina Keneallly MP and AlzNSW CEO The Hon John Watkins and staff.
We have an active group of Parliamentary John Watkins continues to do an Friends of Dementia in the Parliament of outstanding job supported by a fine team New South Wales. We had two very of dedicated professionals - we are so successful meetings of that group during the proud of them all and are so lucky to year. There is a corresponding national have them. This is a good association to group which is administered from National be Chair of and there is much pride in Office and the CEO there looks after that our staff and its group. professionalism.
We had some notable fundraising lunches. The Governor-General Quentin Bryce did one, Graeme Samuel (Chairman of the ACCC) did another, and Federal Treasurer Wayne Swan did one. We have a friend in Sir Michael Parkinson and there will be a lunch with him in February 2011.
We released a discussion paper on ‘Driving and Dementia’ at the NSW Parliamentary Friends of Dementia meeting. We also did an important paper on ‘Stigma and The Hon. Professor Peter Baume AC Dementia’ which was released during Chairman Dementia Awareness Week 2010. In relation to that week in 2009, we got a lot of media value in NSW. In fact the value of media received in NSW exceeded the whole amount we received Australia-wide just a year before.
Annual Report 09-10 5
Report from the Chief Executive Officer
“The issues raised with policy makers are issues and experiences that our members are facing on a day-to -day basis.”
Dear Members, One service funded by the Federal Government is the National Dementia Helpline. Recent The 2009-10 financial year has been a statistics show a marked jump in calls to the significant 12 months, topped off by the move Helpline, the result of increased awareness of our to the Gibson-Denney building which has services. meant that all Sydney-based staff are on the one site. We have been fortunate to have some high profile friends who have helped us throughout the It has been an important move and will year with some significant fundraising events. enable us to continue to provide Federal Treasurer The a high standard of Hon. Wayne Swan, the support and services Chairman of the to the more than Australian Competition 80,000 people in and Consumer NSW with dementia, Commission Graeme and their families Samuel and the and carers. Australian Governor- General Quentin Bryce We also received AC generously assisted confirmation of the our fundraising events renewal of the by being guest speaker National Dementia at some very popular Support Program, fundraising lunches the Federal throughout the year, Government funding Calls to the National Dementia Helpline in NSW have grown significantly over which not only helped from which we draw the past 2 years - reflecting the increasing awareness of dementia in the us raise vital funds to a substantial Australian media. continue to support proportion of our people with dementia in financial support, for the next three years. NSW, but also helped us increase our profile. This is a great confirmation of the wonderful work that is We will continue to work with high-profile friends going on across the organisation at a to help give dementia a greater voice in the National and State level and allows us to community and, as such, have worked hard continue to support and advocate for people throughout the year on a new Ambassador with dementia, their carers and families. Program for Alzheimer’s Australia NSW.
6 Alzheimer’s Australia NSW We are thrilled to have Sir Michael Parkin- son, Ita Buttrose, PJ Lane, Doris Younane, Natarsha Belling and Maxine McKew on board as the inaugural Ambassadors for AlzNSW.
Our Ambassadors have already been working hard for us and Sir Michael will be the guest speaker at a special fundraising lunch in February. We are confident the Ambassador Program will continue to help us build on the increased awareness and understanding of dementia we have already Pictured: NSW Premier The Hon. Kristina Keneally MP, The Hon. Prof Peter achieved in the community. Baume AC, Chairman of AlzNSW and The Hon. John Watkins CEO
We have also released some very important discussion papers and reports in the past year, including the Driving and Dementia discussion paper at our NSW Parliamentary Friends of Dementia meeting in April. This significant paper has not only been well received by our members and professionals in the health community and generated a substantial amount of discussion in the media on the issue, it also led to the formation of a working group with the Roads and Traffic Authority to look at some of the recommendations to have come out of the research for the paper. Lecture tour of UK dementia expert Prof Julian Hughes at NSW Parliament House Theatrette on 17 June 2010. The seminar topic was Significantly, this discussion paper was Ethics and Dementia Care. compiled in consultation with our eight Pictured L - R: Peter Cleasby President of Palliative Care NSW, Anne Mellor consumer committees, which ensures that Clinical Nurse Consultant at PoW Hospital, Prof Julian Hughes, The Hon. the issues raised with policy makers are John Watkins CEO ALzNSW, Nick O’Neill Director of AlzNSW. issues and experiences that our members are facing on a day-to-day basis.
We also released state and federal It has been a significant 12 months and I look electorate-specific dementia prevalence and forward to working with the dedicated and projection data which helps us, and policy hard-working staff to build on this to better makers at a State and Federal level, to better serve people with dementia, their families and plan for service delivery in the coming carers across NSW, who are at the heart of decades. It also greatly helps us in our what we do every day. advocacy efforts to policy makers at the State and Federal level as we are able to tell them in real terms the expected impact of the coming dementia epidemic.
The Hon. John Watkins Chief Executive Officer
Annual Report 09-10 7 L to R back row: Dr. Robert Yeoh, Ian Horton, Nick O’Neill, John Morrison, Barry Groundwater, The Hon. Prof Board of Directors Peter Baume AC, The Hon. John Watkins, Alistair Bell. Front row: Essa Witt, Lucille Bloch, Catharine Retter, Prof Maree Gleeson. Not pictured : Ms Gabrielle Kibble AO The Hon. Prof Peter Erne Baume AC Chairman (non-executive)
Qualifications MB, BS, MD, Hon DUniv (ANU), Hon LittD (USQ), FRACP, HON FRACGP, FAFPHM
Experience Emeritus Professor, physician at Royal North Shore Hospital, Senator for NSW, Government Whip, Minister for Aboriginal Affairs, Minister for Health, Minister for Education, Professor of Community Medicine at the University of NSW, Chancellor of the Australian National University, Director Sydney Water Corporation, Chair of Kolling Institute of Medical Research, Past Governor Foundation for Development Cooperation, Past Chair Family Drug Support, Past Chair of the Australian Sports Drug Foundation.
Mr Alistair Garrard Bell Director
Qualifications B.Ec (Sydney), CA, MAICD
Experience Senior commercial and financial executive with broad-based experience in fiscal and operational management of international businesses operating in a variety of markets.
Special Responsibilities Mr Bell is Chair of the Building Committee and a member of the Investment Advisory Committee and the Audit and Risk Committee.
Ms Lucille Barbara Bloch Director
Qualifications Completed 3 years of medicine at a University in South Africa
Experience Executive Member on the Management Committee of a newly established retirement home with a frail care unit. Treasurer of ESRA, which provides help to new immigrants.
Special Responsibilities AlzNSW representative on the National Consumers Committee of Alzheimer’s Australia and member of the Consumer Reference Standing Committee (Sydney).
8 Alzheimer’s Australia NSW Professor Maree Gleeson Director
Qualifications BSc (Sydney), PhD (Newcastle), MAICD
Experience Medical Researcher in Immunology in the Faculty of Health at University of Newcastle, Director of the Hunter Medical Research Institute, Newcastle, previously Inaugural Director of Medical Research in the NSW.Ministry for Science and Medical Research and Director of Immunology for the Hunter Area Pathology Service of Hunter New England Health. Director of Research Australia.
Mr Barry James Groundwater Director
Qualifications 5 year Engineering Trade Certificate 4 year Mechanical Engineering Certificate 4 year Management Certificate.
Experience Worked for Southern Cross Care (NSW & ACT) Inc for 19 years until he retired in February 2007. During this time held roles including Regional Manager and Manager of Cardinal Gilroy Village, Merrylands
Special Responsibilities Mr Groundwater is a member of the Investment Advisory Committee and the Audit and Risk Committee.
Mr Ian Horton Director
Qualifications BComm (UNSW), FAICD, FCIS
Experience From 1975 to 1998 occupied various senior positions within the investment management industry. Member of the Board of IFSA in 1998, Chair of IFSA and also Member of AICD’s Corporate Governance Committees from 1994 to 1997. Member and Chair of the AMP Managed Investment Schemes Compliance Committee, from 1999 to 2005. Chair of the Apostle Asset Management Compliance Committee since 2008.
Special Responsibilities Mr Horton is chair of the Investment Advisory Committee and is a member of the Audit and Risk Committee.
Ms Gabrielle Kibble AO Director
Qualifications BA, Diploma of Town and Country Planning, FPIA, Hon.DSc (UNSW), Hon. DLitt (UWS)
Experience Chair of NSW Heritage Council, Chair of the NSW Planning Assessment Commission, Chair of the Joint Regional Planning Panel for Western NSW. Ms Kibble has extensive experience in the public sector as CEO of the Department of Urban Affairs and Planning from 1987 to 1997, and Director General of the NSW Department of Housing. In the past, she has also been an Administrator of the Wollongong City Council and the Liverpool City Council, As well as a Director of the Sydney Olympic Park. Authority, Chair of Sydney Water and Trustee and Deputy Chancellor of the University of Western Sydney. In 1997 she was awarded the Sidney Luker Memorial medal of the Royal Australian Planning Institute.
Annual Report 09-10 9 Mr John Gerard Morrison Director
Qualifications B Comm, CPA, FAICD, FTIA, FAICS
Experience Honorary Treasurer June 2003 to July 2006. Consultant and practitioner in finance, secretarial practice, corporate governance and risk management.
Special Responsibilities Mr Morrison is a member of the Investment Advisory Committee and Chair of the Audit and Risk Committee.
Mr Nicholas Kevin Francis O’Neill Director
Qualifications LLB (Melbourne), LLM (London)
Experience In 1989 became the first Deputy President of the Guardianship Tribunal of NSW and was President from 1994 to 2004. Was the inaugural Convenor of the NSW Chapter of the Council of Australasian Tribunals in 2003–2004. Principal author of Retreat from Injustice: Human Rights in Australian Law, the second edition of which was published in 2004. Appointed Professorial Visiting Fellow in the Faculty of Law at UNSW since 2004 and currently finalising a book on Incapacity and the Law with Associate Professor Carmelle Peisah. Since 2005 has been Chair of the Nursing and Midwifery Tribunal and from 2009 Deputy Chair of the Pharmacy Tribunal.
Special Responsibilities Mr O’Neill is a member of the Remunerations Committee and the Policy sub-committee.
Ms Catharine Josephine Retter Director
Qualifications BA, MA, Grad Dip Editing and Publishing
Experience Past chairperson of Austcare refugee week, committee member of Australians for UNHCR. Book publisher with a background in marketing, management and writing.
Special Responsibilities Chairperson of the Strategic Planning Committee.
Ms Eesvarathevi (Eesa) Witt Director
Qualifications RN, Grad Dip Aged Care, MN
Experience Board member since November 2006. Ms Witt has extensive practical nursing experience in caring for and managing patients with acute confusion, dementia and challenging behaviours.
Dr Theam (Robert) Yeoh AM Director
Qualifications MB, BS
Experience Dr Yeoh is a General Practitioner who has a special interest in dementia and has been a Board member since 1994, holding positions as Vice President (1996-1998), President (1998–2000) and National President of Alzheimer’s Australia from 2000 to 2005.
Special Responsibilities Dr Yeoh represents the entity on the Aged Care Standards and Accreditation Agency NSW Liaison Committee, Dementia Assessment Instruments National Expert Reference Group, and is a member of the Chinese Liaison Committee and the Policy sub-Committee.
10 Alzheimer’s Australia NSW Photo : Memory Walk 2010 Annual Report 09-10 11
Our donors
Thank you to all who made a donation during 2009-10 and particularly the following who gave $500 or more.
Companies & Organisations Companies & Organisations Estates
Club Macquarie Ltd RSL Sub-Branch Penshurst Estate of the late Josephine Shank Communication and Media Law Association Ryde-Eastwood Leagues Club Estate of the late Clive Stanley Downes Cranbrook Care Snowy River Shire Council Estate of the Late Dora Elizabeth Gibson Dee Why RSL Club Limited Soft Furnishings Charity Golf Day Committeee Estate of the late Elizabeth Whittington Dick Smith Investments Pty Ltd St George Masonic Club Ltd Estate of the late Darel Matthew Mullen Donnelley Constructions Pty Ltd St Johns Park Bowling Club Estate of the Late Dagmar Wilhemine Halas Doyalson-Wyee RSL Club Limited Stuart Alexander & Co Pty Ltd Estate of the Late Douglas Gordon Bruce Earlwood Ex-Serviceman's Club Limited Sutherland Shire Council Cumming East Cessnock Bowling Club The Commercial Club (Albury) Ltd Euston Bowling & Recreation Club Ltd The Council of the Shire of Baulkham Hills Direct Payroll Giving Forster-Tuncurry Memorial Services Club Ltd The Mounties Group Organisations Georges River 16ft Sailing Club The Primary Club of Australia
Gilgandra Services & Bowling Club Co-op The Salvation Army AGL Energy Limited Goulburn Workers Sport & Recreation Club The Wollongong Doll Club Inc Veda Advantage Home Owner Mortgage Enhanced Securities Ltd Tocumwal Golf Club One Steel Hornsby RSL Club Limited Toronto Workers Club Orica J W Design Tuggerah Lakes Memorial Club Ltd ICAA John Holland Pty Ltd Twin Towns Services Club IAG (NRMA) Insurance Kemps Creek Sporting & Bowling Club W. M. Ritchie (Aust) Pty Ltd Walker Wayland Services Pty Ltd Kempsey Shire Council Warrawee Women's Bowling Club Energy Australia Kiwanis Club of East Maitland West Pennant Hills Sports Club Ltd Perpetual Ltd Lioness Club of Rutherford Western Suburbs Leagues Club Ltd Westpac Group Lions Club of Parramatta Inc Wests Ashfield Leagues Lions Club of Yagoona Wexco Aviation Services Lovatts Publications Woodend Pty Ltd Gifts In Kind MacGregor Public Relations Wyong Rugby League Club Maltacourt Australia Baulkham Hills Shire Council Maroubra Seals Sports & Community Club Ltd Trusts & Foundations Breville Australia Mingara Recreation Club Ltd Crowne Plaza Hunter Valley Mittagong RSL Club Limited AMP Foundation Limited Cricket Australia Parramatta Eels Moore Stephens Sydney ANZ Trustees Foundation Hitting Targets Moree & District Services Club Ltd Baxter Charitable Foundation Murray Downs Golf & Country Club Cecilia Kilkeary Foundation Ltd Taronga Zoo Narromine USMC Corinthian Trust Starshots Glamour Photography North Ryde RSL Community Club Ltd Count Charitable Foundation Norfolk Island Tourism Orange Ex-Services Club Limited Dunstan Family Foundation Eco Point Resorts Ordre of Souverain de St Jean de Jerusalem Foundation for Rural & Regional Renewal Roche Group (Harrigans's Irish Pub Hunter Paddington Woollahra RSL Club J.O & J. R. Wicking Trust Valley & Hunter Valley Gardens) Penrith Rugby League Club Ltd Macquarie Group Foundation Port Macquarie City Bowling Club Ltd Newcastle Permanent Charitable Foundation QBE Insurance Group Ltd O'Brien Foundation And thank you to those RACI Pharmaceutical Science Group (NSW) Richard Southan Memorial Trust Riverina Australian Football Club Ltd Say Family Foundation kind people and Roche Group Skipper Jacobs Charitable Trust organisations who Rooty Hill RSL Club Ltd The Marian & EH Flack Trust Rose Bay RSL Club Co-Op Ltd The McIntosh Trust chose to remain Rotary Club of Caringbah The Schwinghammer Foundation anonymous. Rotary Club of Macquarie Park Thomas Muldoon Foundation Ltd Rotary Club of Newcastle Trust Company Limited Rotary Club of North Ryde Valerie & John Ryan Legacy E & OE
12 Alzheimer’s Australia NSW Individuals and Families Individuals and Families Individuals and Families
Mrs J Ainsworth Mrs Noela M Gill Ms M R Morgan Dr Gae Anderson Mr Keith Glover Mrs Glennis Moss Mr Neil Anderson Mrs Helen Goddard Mrs Hazel Newman Mr & Mrs Ken & Mona Baker Mr John Grierson Ms Louise Nicolle Mr Philip Barker Mrs Ethel G Hamilton Mr Zeijko Nikolic Mrs I Barr Ms Janette E Hamilton Mr Douglas Nolan Mrs Ellen Bennett Mr Colin Hanlan Mrs S Norman Mr Giovanni Bertacco Mr Brian Harcourt Ms Shirley Norman Mrs Gene Black Dr Margaret Harding Mr James O'Farrell AM Mrs Lucille Bloch Ms Bronwen Hargraves Mrs St Clair Oldfield Mariette Bouari Mr H Harries Mr Nick O'Neill Mr L Boyd Mr George Hilgevoord Mr Norman Orr Mr John Bradburn Ms Natalie Hill Mrs M Osborne Ms Margaret Brazel Dr Meredith Hinds Mr Con Pace Mrs Jo-Ann Brown Ms Valerie Hoogstad Mr Stanley Pendall Mr Maximo Arnaldo Buch Mr J K L Hooton Mrs Lynette Perini Mr M J Cahill Mr Ian Horton Mr William Pezzimenti Ms Barbara Cail AM Ms Jennie Hunt Mr Raffaele Pignetti Mr John T Cameron Mr Brian Huxley Ms Rosalia Pipitone Pari Caracatsanis Mrs M Jarrett Mrs Morna Playfair Mr & Mrs Mark & Evelyn Chan Mr Lawrence Jarvis Mr V. John Plummer Mr & Mrs Stephen & Molly Charlesworth Mr Neville Johnston Mrs Gina Pringle Mrs Yenfu Cheng Mrs Marlene Jones Mr Geoff Quick Mrs Anne Clinton Ms Louise Keady Mrs Barbara Reedman Mrs L Collins Mr Donald Kraefft Mrs Judith Rose Mrs M Collins Dr Arun Krishnan Mr John Rowland Mrs Carmela Colosi Mrs Marianne Lampe Mrs Pam Rowland Mr Bernard Cook Dr Philip Lee Mr Tim Ryan Mr William Cook Ms Veronica Lilley Mr & Mrs Bill & Maureen Ryan Ms Beverley Cottee Ms Betty Lin Mr Val Sain Mrs Elizabeth Craig Ms Dolores Lobo Mrs Nata Scalas Ms Barbara Cummins Mr Michael Lowe Mr & Mrs Jeanne & JP Shelburn Mr Ian Davidson Mrs Margaret Mackenzie Mr Alexander Shepherd Mr Patrick Diab Ms A M Mackie Mr P Shirriff Mrs A C Dickson Mr Rocco P Mangano Mr J D Short Mrs R Dossor Ms Alex Manion Mr Jack Short Mr Stephen Doyle Ms Margaret McCredie Mrs U.G. Shutes Mr Stan Druitt Ms Heather McIntyre Mr Clement Skevington Mr P Dye Mr & Mrs Noel McKee Mr & Mrs Alan & Jennifer Smith Mrs Julie Elliott Mrs Joyce McLean Mrs June Stanfield Ms Beverley Ellis Mr B McMahon Mrs Joan Stanford Mr A Falconer A McNamara Mrs C. I. Stocks Mr John Fitzroy Dr Ross Mellick Mr Richard Stringer Mr J Galliani Ms Carole Menere Mr Edmund Styles Ms Barbara Gapps Mr Antonio Mico Mrs Lee Surgeon Mrs Patricia Geidans Mr Ian Miller Mr Jeff Talbot Mr Richard Giannone Ms Elizabeth Mitchell Mr Andrew Tan Mrs June Tatham Mr Norman Taylor Mrs Patsy Templeton Mr John Thame Mrs Patricia Thomas Mr W N Tong Ms Daniela Torsh Ms Angela Tzavaras Mr Sam Ure Smith Mr John Van De Wijngaart Ms B Walsh The Hon. John Watkins Mrs Rose Watson Ms Georgia Watson Mr Wayne Webster Mr Werner Weil Mr William Weston Mr Robert White AO Mr & Mrs V & Y White Ms Karen White Mr Bert Wolfe
Annual Report 09-10 13 At the AlzNSW fundraising lunch, the AA National Patron Governor-General Quentin Bryce AC said an extra $1 billion of government funding is needed to ease the rise of dementia.
14 Alzheimer’s Australia NSW
Volunteers
Thank you to all who gave their time to support AlzNSW during 2009-2010.
Individuals Individuals AlzNSW
Ern Alchin Jill Luxton Advisory Council AlzNSW Heather Alchin Michael Macaulay Sydney & Regional Consumer Groups Lois Allanson Clare McGill The Board of Directors AlzNSW Henry Azzopardi Margaret McGovern Hollie Bauer Margaret & Pat McMillan Organisations Jake Bauer Tariq McNeil Lucille Bloch Lenka Musson allSigns Bega Joe & Joyce Botta Parth Nathani Armidale Central Rotary Club Margaret Brewer Shruti Nathani Avondale College Mariola Brock Cheryl Neal Bega Scouts Anna Buduls Margaret Newlands Candelo Karate Club Bernard Carran Meg Nheu Cranbrook School Eliza Chan Robert Ohanian Creative Memories Olivia Chong John Page Discovery Fitness Beth Claydon Carol Raraty Ian Campbell from ABC Southeast Radio Cedric Cocks David Reynolds Institute of Chartered Accountants Australia Maureen Cooke Ann Richards Ken Thompson Lodge Armidale Sandra Cosgrove Mary Root Lions Club of Bega Edward Craig Leah Sackville Macquarie University Catering Margaret & John Craig Sarah Sackville St John Ambulance Jan Curry Helen Scarr Swift Health and Fitness Jane Daly Ann Scott The Kings School, North Parramatta Marina Dick Gerard Spiteri Westpac Kay Dyson Stan Stark St Andrews Cathedral School Jill Elias Johanna Stienen Sydney Church of England Cathedral School (Shore) Peter Florance Raimund Stienen St Mary's Cathedral College Helen Forstmann Kath Storey St Joesph's College, Hunters Hill Emma Frampton Jan & Norma Symington St Ignatius College (Riverview) Jack Frampton Bridget Tam Julianne Fraser Beverley & Tony Tinworth E&OE Peter, Thomas,Stephanie and Matthew Gibbs Elaine Todd Merv Gilles The Hon Dr Richard Torbay Jack Gordon Judith Towler Gail Hodson Di Trevanion Jessie Hopkins Daniel Vickery Joan Jackman Roni Dylan Villanueva Robert Jackman Helen Walkerden Judy Jelsma Danielle Watkins Nicholas Kable Lindsay Watson Nirupama Karlapudi Helen Watson Srinivasarao Karlapudi Dorothy Webb Jack Lamont Monica Wheeler Pat Larson Irena Winiarczyk Mark Lau Woody Woodhouse Pamela Lee Marion Wright Graham Longhurst Ann Yeates Photo: Students from St Ignatius College on Badge David Lowman Day, 21 Sept 2009, at Parramatta. Emma Lowman
Annual Report 09-10 15
The year in review 1 July 09 - 30 June 10
2009 July August September October November December
Advocacy Regional Consumer Regional Committee meetings Consumer and held in Bega, Committee meetings Research Orange, Wagga, held in Armidale, and Wollongong Hunter, Mr. Ken Matthews, Federal Port Macquarie & member of AlzNSW, Parliamentary Sydney (Nov 09) spoke at NSW Briefing about Launch of Dementia Parliamentary dementia prevelance Prevalence in NSW Friends 22 Sept 22 Sept 2009 report on 25 Nov 09 2009 Annual Report Dementia Prevalence Christmas tips for Dementia Media published in NSW Federal carers and Awareness Electoral Divisions Week Events Missing Persons Week 2 Aug
Safe2 Walk launch Sept 09 21 Sept World Alzheimer’s Day Spring Appeal Christmas Appeal Fundraising
AlzNSW fundraiser AlzNSW fundraiser with Wayne Swan with Graeme Samuel 21 Sept 09 (ACCC) 8 Oct 09 MEMORY WALK 26 Sept 09
Services, The numbers: Training Helpline: Total number of calls = 9,842 (79% of calls coming from carers, 18% from service providers and 3% from the general public) Living with Memory Loss Program: 32 programs delivered across NSW with 528 participants with 27 new program facilitators trained and Support Groups: 215 groups across NSW which are regularly supported by AlzNSW with information resources, group Education leadership strategies, etc. 27 support groups are run by AlzNSW Support Group Leader Training: 20 x 2-day workshops were held with 173 leaders trained DMCC visitors: Over 7,000 visitors across our four DMCC’s
Memory Van Places visited include: Wyong, Doyalson, Bateau Bay, Mingara, The Entrance, Lake Wagga, Byron Bay, Ballina, Moree, Dubbo, Tingha, Quirindi, Riverwood, Guilford, No of towns visited: 80 Creek, Ocean Shores, Mullumbimby, North Arm, Tuncurry, Forster, Bulahdelah, No. of visitors: 1,694
16 Alzheimer’s Australia 2010
January February March April May June
Regional Consumer Committee meetings: Port Macquarie, Professor Julian Armidale and Ms. Joan Jackman, Driving & Dementia Hughes (UK), Newcastle. member of AlzNSW, Discussion Paper Ethics & Dementia April: Orange, Bega, spoke at the Driving lunched at NSW Care,17 Jun 10 Wagga, Sydney & & Dementia launch Parliamentary Wollongong 21 April 10 Friends of Dementia
AlzNSW staff Seniors Week: Seniors Week Julian Hughes member Jo-Ann Premier’s Royal Easter Show media release on Brown presents Concerts expo Ethics & Dementia Dementia: Quality Support Care Group research ABS statistics A Call to Action paper to ADI released stats International showing dementia Conference in now the 3rd leading Greece. Mar 2010 killer of Australians
CDSE submissions Easter Appeal Tax Appeal (council funding)
International AlzNSW fundraiser Women's Day lunch with the breakfast Gov-General Quentin Bryce AC 25 May 2010
The numbers (cont.) Carer education courses: 70 courses delivered to 1,013 people across 31 rural locations Professional Education courses: 106 courses delivered to 1,323 participants across 38 rural locations Counselling sessions: 1,683 sessions delivered to 1,719 participants Rural counselling: 645 rural sessions delivered to 772 participants National website: 209,386 unique browsers making 1,517,093 page impressions Update and launch of Leaderlink
Haven, Nareen Gardens, Muswellbrook, Singleton, Trangie, Narromine, Orange, Albury, Tocumwall, Wagga Fairfield, Cooma, Jindabyne, Tumut, Mount Austin, Narrandera, Leeton, Nyngan, Warren, Gilgandra, Werris Pindimar / Bundabah, Cessnock, Nerong, Kurri Kurri, Bathurst, Nowra, St George’s Basin, Blacktown...
Our 2nd Memory Van took to the road and is now based in the Hunter
Annual Report 09-10 17
The Board and Advisors
Board Members Board of Directors
Executive Under the constitution adopted on 28 The Hon. Professor Peter Erne Baume AC November 2006, at each Annual General (Chairman) Meeting one third of the Directors must retire. The Directors to retire are those who have held office the longest since last being Directors elected or appointed. Mr Alistair Garrard Bell In 2009 / 10, there were 11 full Board Ms Lucille Barbara Bloch meetings of the Board of Directors. The Professor Maree Gleeson Board’s role is to:
Mr Barry James Groundwater Ensure Alzheimer’s Australia NSW Mr Ian Watts Horton (Vice Chairman) remains focussed on its vision and Ms Gabrielle Kibble AO (appointed 29/7/2010) mission Maintain an effective Constitution Mr John Gerard Morrison Approve and monitor the strategic plan Mr Nicholas Kevin Francis O’Neill Approve and monitor the operation and Ms Catharine Josephine Retter capital budgets Appointment of a Chief Executive Officer Ms Robin Joy Wirth (resigned 21/7/2009) Ratify staff appointments Ms Eesvarathevi (Eesa) Witt Review performance against agreed plans and budgets Dr Theam (Robert) Yeoh AM
Honorary Medical Advisors
Professor Henry Brodaty AO, MB BS, MD, FRACP, FRANZCP Dr Helen Creasey MB BS, FRACP Dr Michael Valenzuela B.Sc. (Psychol.) Hons UNSW, MBBS Hons USyd, Ph.D. UNSW
NSW Parliamentary Friends of Dementia. The photo shows staff and Directors of AlzNSW and Prof Henry Brodaty talking with MPs and health professionals at the launch of the Driving and Dementia Discussion Paper on 21 April 2010.
18 Alzheimer’s Australia NSW
Advisory Council
The Advisory Council is a group of eminent supporters who kindly give of their time and expertise to advise AlzNSW across a range of strategic issues.
Barbara Cail AM (Chair) Ita Buttrose AO OBE Robert Douglass John Connor Kathryn Greiner AO Renata Kaldor AO Geraldine Paton AO The Hon Mahla Pearlman AO Imelda Roche AO Dagmar Schmidmaier AM Dorian Scott
AlzNSW fundraising lunch with the Governor-General of Australia, Quentin Bryce AC.
Pictured L to R: Channel 10 newsreader and MC for the event, Natarsha Belling, AlzNSW Advisory Council members Ita Buttrose AO OBE and Barbara Cail AM, Governor-General of Australia Quentin Bryce AC, and The Hon. John Watkins, CEO of AlzNSW.
Annual Report 09-10 19 Concise Financial Report Directors’ Report For The Year Ended 30 June 2010
The Directors present this report on the entity for the financial year ended 30 June 2010.
Directors
The names of each person who has been a director during the year and to the date of this report are:
Directors’ Names Years as Number of Number of Director Meetings Meetings Eligible Attended
Professor Peter Erne Baume AC 4 11 11 Mr Alistair Garrard Bell 3 11 11 Ms Lucille Barbara Bloch 3 11 9 Professor Maree Gleeson 5 11 9 Mr Barry James Groundwater 3 11 10 Mr Ian Horton 3 11 10
Ms Gabrielle Kibble AO (appointed 29 July 2010) 0 0 Mr John Gerard Morrison 7 11 9 Mr Nicholas Kevin Francis O’Neill 4 11 9 Ms Catharine Josephine Retter 3 11 9 Ms Robin Joy Wirth (resigned 21 July 2009) 8 1 0 Ms Eesvarathevi (Eesa) Witt 4 11 10 Dr Theam Hock (Robert) Yeoh AM 16 11 8
Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.
Company Secretary
The following person held the position of Company Secretary during the financial year:
The Hon. John Arthur Watkins – MA, L.L.B., Dip Ed. Mr Watkins was appointed as Chief Executive Officer and Company Secretary on 20 October 2008.
20 Alzheimer’s Australia NSW Principal Activities
The principal activity of the entity during the financial year was:
To provide services to Australians living with dementia through the provision of support, education, awareness and advocacy programs.
No significant changes in the nature of the entity’s activity occurred during the financial year.
Operating Results
The net surplus of the entity for the financial year amounted to $3,476,341 (2009: Deficit $1,491,436).
Dividends Paid or Recommended
The entity is not permitted to pay dividends in accordance with its Constitution.
Review of Operations
The surplus for the financial year was a significant turnaround from the deficit in the previous financial year. The main contributing factors to this result were:
(a) bequest income of $3,819,290, an increase of $3,782,844;
(b) State/Federal and non-government grants amounted to $4,362,574, compared to $3,878,195 received in the previous year;
(c) capital grants from both government and non-government sources amounted to $215,471, compared to $160,664 in the previous year, and
(d) net losses on sale of investments of $82,473 compared to $802,053 in the previous year.
State and Federal Government grants received increased by 10.9% to $4,143,627. The percentage of government grants to total revenue, excluding bequests and loss on sale of investments, of 66.3% compares to 63.7% for 2008/2009 and 58.1% for 2007/2008. The increase in grant revenue reflected the awarding of two recurrent grants and completion of two non-recurrent grants during the financial year.
Significant Changes in State of Affairs
There were no significant changes in the state of affairs of the entity that occurred during the financial year.
After Balance Date Events
No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the entity, the results of those operations, or the state of affairs of the entity in future financial years.
Future Developments
The entity expects to maintain the present status and level of operations and hence there are no likely developments in the entity’s operations.
Environmental Issues
The entity’s operations are not regulated by any significant environmental regulation under a law of the Commonwealth or of a State or Territory.
Options
No options over issued shares or interests in the entity were granted during or since the end of the financial year and there were no options outstanding at the date of this report.
Annual Report 09-10 21 Information on Directors
For information on directors please refer to pages 8-11.
Indemnifying Officers or Auditor
Other than detailed below no indemnities have been given by the entity, during or since the end of financial year, for any person who is or has been an officer or auditor of the entity.
The entity has paid premiums to insure all directors and officers against loss arising from any claim made against them jointly or severally by reason of any wrongful act committed or alleged to have been committed in their capacity as a director or officer of the Company.
Proceedings on Behalf of the Entity
No person has applied for leave of Court to bring proceedings on behalf of the entity or intervene in any proceedings to which the entity is a party for the purpose of taking responsibility on behalf of the entity for all or any part of those proceedings.
The entity was not a party to any such proceedings during the year.
Auditor’s Independence Declaration
A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is set out on page 23.
Signed in accordance with a resolution of the Board of Directors:
Director Director
The Hon. Prof Peter Baume AC John Morrison
Dated at North Ryde this 30th day of September 2010
22 Alzheimer’s Australia NSW Annual Report 09-10 23 Concise Financial Report Income and Expenditure Statement for the year ended 30 June 2010
STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2010
Note 2010 2009 $$
Revenue from ordinary activities 2 9,977,641 5,099,004
Employee related expenses (4,353,149) (4,449,045)
Depreciation and amortisation 3 (310,504) (336,011)
Partnership payments (60,395) (75,608)
Property expenses (614,334) (536,464)
Borrowing expenses (6,283) (2)
Administrative expenses (327,339) (314,931)
Special event expenses (53,799) (36,494)
Information technology expenses (52,327) (20,825)
Direct program expenses (436,532) (344,699)
Other expenses (404,438) (476,361)
Impairment of investments write-back upon sale 117,800 - Surplus/(deficit) before income tax expense 3,476,341 (1,491,436)
Income tax expense - -
Net surplus/(deficit) after income tax 3,476,341 (1,491,436)
Other comprehensive income for the year - -
Total comprehensive income/(deficit) attributable to members of the entity 3,476,341 (1,491,436)
24 Alzheimer’s Australia NSW Concise Financial Report Balance Sheet as at 30 June 2010
STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2010
Note 2010 2009 $$
CURRENT ASSETS Cash and cash equivalents 4 2,498,029 2,258,857 Trade and other receivables 158,956 133,466 Financial assets 5 4,999,208 1,485,802 Other current assets 140,490 100,900 TOTAL CURRENT ASSETS 7,796,683 3,979,025
NON-CURRENT ASSETS Financial assets 5 406,156 412,300 Property, plant and equipment 6 3,610,805 3,286,648 TOTAL NON-CURRENT ASSETS 4,016,961 3,698,948 TOTAL ASSETS 11,813,644 7,677,973
CURRENT LIABILITIES Trade and other payables 7 1,459,681 1,424,269 Short-term provisions 8 375,195 325,403 TOTAL CURRENT LIABILITIES 1,834,876 1,749,672
NON-CURRENT LIABILITIES Trade and other payables 7 611,095 33,054 Long-term provisions 8 29,056 - TOTAL NON-CURRENT LIABILITIES 640,151 33,054 TOTAL LI ABILITIES 2,475,027 1,782,726 NE T ASS ETS 9,338,617 5,895,247
MEMBERS' FUNDS Investment revaluation reserve (242,488) (209,517) Asset revaluation reserve 40,155 40,155 Accumulated surplus 9,540,950 6,064,609 TOTAL MEM BERS' FUNDS 9,338,617 5,895,247
Annual Report 09-10 25 Concise Financial Report Statement of Changes in Member’s funds for the year ended 30 June 2010
STATEMENT OF CHANGES IN MEMBER'S FUNDS FOR THE YEAR ENDED 30 JUNE 2010
2010 2009 $$
Investment Revaluation Reserve
Balance at the beginning of the financial year (209,517) (7,472)
Reversal of reserve arising from impairment of financial assets (117,800) -
Revaluation increments/(decrements) 84,829 (202,045) Balance at the end of the financial year (242,488) (209,517)
Asset Revaluation Reserve
Balance at the beginning of the financial year 40,155 40,155
Balance at the end of the financial year 40,155 40,155
Accumulated Surplus
Retained surplus at the beginning of the financial year 6,064,609 7,556,045
Net surplus/(deficit) for the year attributable to the members 3,476,341 (1,491,436) Retained surplus at the end of the financial year 9,540,950 6,064,609
Total Members' Funds
Balance at the beginning of the financial year 5,895,247 7,588,728
Net surplus/(deficit) for the year attributable to the members 3,476,341 (1,491,436)
Revaluation of investments increments/(decrements) 84,829 (202,045)
Impairment of investments reversed to statement of comprehensive income (117,800) -
Balance at the end of the financial year 9,338,617 5,895,247
26 Alzheimer’s Australia NSW Concise Financial Report Cash Flow Statement for the year ended 30 June 2010
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2010
Note 2010 2009 $$
CASH FLOWS FROM OPERATING ACTIVITIES Government and other grants received 5,722,595 3,891,709 Other receipts 1,221,843 1,116,336 Dividends received 92,851 389,013 Interest received 101,168 150,660 Borrowing costs (6,283) - Payments to suppliers and employees (6,574,923) (6,561,275) Net cash generated from/(used in) operating activities 557,251 (1,013,557)
CASH FLOWS FROM INVESTING ACTIVITIES Payment for property, plant and equipment (636,197) (19,678) Proceeds from sale of property, plant and equipment 3,736 500 Proceeds from sale of investments 712,590 750,584 Payments for investments (1,220,062) (609,921) Net cash (used in)/provided by investing activities (1,139,933) 121,485
CASH FLOWS FROM FINANCING ACTIVITIES Bequests received, excluding equities in specie 821,854 36,446 Net cash generated by financing activities 821,854 36,446 Net increase/(decrease) in cash held 239,172 (855,626)
Cash at the beginning of the financial year 2,258,857 3,114,483 Cash at the end of the financial year 4 2,498,029 2,258,857
Annual Report 09-10 27 Notes to the Concise Financial Report for the year ended 30 June 2010
NOTE 1 : BASIS OF PREPARATION OF THE CONCISE FINANCIAL REPORT
The concise financial report is an extract of the full financial report for the year ended 30 June 2010. The concise financial report has been prepared in accordance with Accounting Standards AASB 1039: Concise Financial Reports, and the Corporations Act 2001 .
The financial statements, specific disclosures and other information included in the concise financial report are derived from and are consistent with the full financial report of Alzheimer's Australia NSW. The concise financial report cannot be expected to provide as detailed an understanding of the financial performance, financial position and financing and investing activities of Alzheimer's Australia NSW as the full financial report. A copy of the full financial report and auditor's report will be sent to any member, free of charge, upon request.
The presentation currency used in the concise financial report is Australian dollars.
2010 2009 $$
NOTE 2 : REVENUE
Operating activities
- State/Federal government grants 4,143,627 3,735,372 - Non-government grants 218,947 140,823 - State/Federal capital grants 74,556 50,313 - Non-government capital grants 140,915 110,351 - Donations, appeals and corporate sponsorship 876,451 786,063 - Special events - fundraising 63,829 14,511 - In Memoriam 100,627 91,128 - Membership fees 62,898 68,238 - Sales of goods 47,986 44,154 - Consultation and course fee income 199,322 149,287 - Rental income 69,548 75,186 - Other revenue 45,899 59,012 6,044,605 5,324,438
Non-operating activities
- Bequests 3,819,290 36,446 - Interest received 101,168 150,660 - Dividends/Distributions received 92,851 389,013 - Gain on disposal of non-current assets 2,200 500 - (Loss) on sale of investments (82,473) (802,053) 3,933,036 (225,434) Total Revenue 9,977,641 5,099,004
28 Alzheimer’s Australia NSW Notes to the Concise Financial Report for the year ended 30 June 2010
2010 2009 $$
NOTE 3 : SURPLUS FROM ORDINARY ACTIVITIES
Surplus from ordinary activities has been determined after:
Expenses
- Depreciation and Amortisation: Buildings 136,936 135,944 Deferred lease charges 5,923 5,923 Leasehold improvements 83,729 73,329 Furniture and equipment 59,905 89,705 Motor vehicles 24,011 31,110 310,504 336,011
- Amounts set aside as a provision for employee entitlements 78,848 58,122
- Net (gain)/loss on sale/trade-in of property, plant and equipment (2,200) (500)
- Rental Expenses 435,433 405,121
NOTE 4: CASH AND CASH EQUIVALENTS
Cash on hand 3,100 2,500 Cash at bank 609,302 83,481 At call accounts 1,226,848 1,596,519 Cash management accounts 116,478 57,720 1,955,728 1,740,220 Term Deposits - at cost 542,301 518,637 2,498,029 2,258,857
NOTE 5: FINANCIAL ASSETS
CURRENT
Investments in listed corporations - at fair value 4,284,865 1,421,459 Fixed term securities - at cost 714,343 64,343 4,999,208 1,485,802
NO N-CURRE NT
State government treasury bonds - at fair value 406,156 412,300
NOTE 6: PROPERTY, PLANT AND EQUIPMENT
Land and Buildings
Freehold land - at fair value 440,000 440,000
Leasehold land - at cost 296,167 296,167 Less: accumulated amortisation (91,870) (85,947) 204,297 210,220
Total Land 644,297 650,220
Annual Report 09-10 29 Notes to the Concise Financial Report for the year ended 30 June 2010
2010 2009 $$
NOTE 6: PROPERTY, PLANT AND EQUIPMENT (Continued)
Buildings:
On Freehold land - at fair value 726,143 698,449 Less: accumulated depreciation (59,472) (32,425) 666,671 666,024
On Leasehold land - at fair value 1,905,000 1,905,000 Less: accumulated depreciation (329,667) (219,778) 1,575,333 1,685,222
Total Buildings 2,242,004 2,351,246
Total Land and Buildings 2,886,301 3,001,466
Leasehold improvements - at cost 453,233 367,683 Less: accumulated depreciation (39,464) (313,598) 413,769 54,085
Furniture and equipment - at cost 930,355 800,996 Less: accumulated depreciation (738,046) (678,141) 192,309 122,855
Motor vehicles - at cost 363,593 349,362 Less: accumulated depreciation (245,167) (241,120) 118,426 108,242
Total property, plant and equipment 3,610,805 3,286,648
NOTE 7: TRADE AND OTHER PAYABLES
CURRENT
Trade payables 47,734 27,632 Sundry payables and accruals 342,276 379,702 Deferred income - Grants and monies in advance 1,069,671 997,810 Fit-out lease incentive - 19,125 1,459,681 1,424,269
NON-CURRENT
Deferred income - Grants and monies in advance 611,095 33,054 611,095 33,054
NOTE 8: PROVISIONS
CURRENT
Employee benefits 375,195 325,403
NON-CURRENT
Employee benefits 29,056 - Aggregate employee benefits liability 404,251 325,403
No. No.
Number of employees at year end 78 67
30 Alzheimer’s Australia NSW Notes to the Concise Financial Report for the year ended 30 June 2010
NOTE 9: ADDI TIONAL INFO RM ATIO N FURNIS HE D UNDER THE CHARITABLE FUNDRAISING ACT, 1991 OF NSW
Reportable fundraising refers to "fundraising appeal" as referred to and defined in sections 3, 4 and 5 of the Charitable Fundraising Act, 1991.
Non-reportable fundraising refers to all other fundraising income which is not included under these sections of the Charitable Fundraising Act, 1991.
(a) Details of aggregate gross income and total expenses in fundraising appeals 2010 2009 $$ Gross proceeds: Donations 426,774 418,805 Special Events 17,876 37,269 Gross proceeds from fundraising appeals 444,650 456,074 Total expenditure: Donations 172,954 147,557 Special Events 329 16,169 Total costs of fundraising appeals 173,283 163,726 Net surplus from fundraising appeals 271,367 292,348
(b) Application of funds for charitable purposes
During the year the entity achieved a net surplus of $271,367 (2009 $292,348) from fundraising activities defined under the Charitable Fundraising Act. This surplus contributed towards funding the following program operating deficits: - Community education, awareness and social research 471,210 543,209 - Policy and advocacy 158,261 157,459 - Helpline and counselling 44,442 68,333 - Library and information services 112,554 137,352 (c) Fundraising appeals conducted during the financial year
During both the 2009/2010 and the 2008/2009 financial years direct mail appeals were held at September (Spring), December (Christmas), March (Easter) and June (Tax appeal).
(d) Gross comparisons including fundraising not covered by the Charitable Fundraising Act
Cost Income 2010 2009 $$ % %
Total cost of reportable fundraising/Gross proceeds from reportable fundraising 173,283 444,650 39% 36%
Non-reportable: Bequests 14,502 3,819,290 0% 34%
Other Donations 356,987 670,818 53% 60% Other Fundraising 56,679 91,606 62% 72% Tot al cost of all fundraising/Gross proceeds from all fundraising 601,451 5,026,364 12% 49%
Annual Report 09-10 31 Notes to the Concise Financial Report for the year ended 30 June 2010
NOTE 9: ADDITIONAL INFORMATION FURNISHED UNDER THE CHARITABLE FUNDRAISING ACT, 1991 OF NSW (Continued)
Cost Income 2010 2009 $$ % %
(e) Gross comparisons of monetary figures and percentages
Total cost of reportable fundraising/ Gross proceeds from reportable fundraising 173,283 444,650 39% 36%
Net surplus from reportable fundraising/ Gross proceeds from reportable fundraising 271,367 444,650 61% 64%
NB: Reportable fundraising excludes donations from members, unsolicited donations and bequests.
(f) Service delivery cost ratios
Expenditure ratio = Total cost of services/Total operating Expenditure 5,278,049 6,619,100 80% 77%
Income ratio = Total cost of services/Total operating Income 5,278,049 6,250,824 84% 87%
NB: Operating income excludes bequests and realised investment gains/losses. NB: Cost of services includes all costs related to providing services to people living with dementia.
NOTE 10: EVENTS SUBSEQUENT TO BALANCE DATE
There have been no material events that would significantly affect the accounts of the Company in an adverse manner.
NOTE 11: DISCUSSION AND ANALYSIS OF THE FINANCIAL STATEMENTS
Information on Alzheimer's Australia NSW Concise Financial Report
The discussion and analysis is provided to assist members in understanding the concise financial report. The discussion and analysis is based on Alzheimer's Australia NSW financial statements and the information contained in the concise financial report has been derived from the full 2010 financial report of Alzheimer's Australia NSW.
Income Statement
The surplus from ordinary activities after income tax for the year of $3,476,341 was a $4,967,777 turnaround compared to the operating deficit of $1,491,436 for the 2008/2009 financial year. This improvement was contributed to by the following factors: (a) an increase in bequest income of $3,782,844 from $36,446 in 2008/2009 to $3,819,290 in 2009/2010,
(b) State/Federal and non-government grants amounted to $4,362,574, compared to $3,878,195 received in 2008/2009, (c) realised investment losses of ($82,473) in 2000/2010 compared to ($802,053) in 2008/2009, and (d) capital grants from both government and non-government sources amounted to $215,471, compared to $160,664 in 2008/2009.
32 Alzheimer’s Australia NSW Notes to the Concise Financial Report for the year ended 30 June 2010
NOTE 11: DISCUSSION AND ANALYSIS OF THE FINANCIAL STATEMENTS (Continued)
State and Federal Government operating grants received increased by 10.9% to $4,143,627. The percentage of government grants to total revenue, excluding bequests and loss on sale of investments, of 66.3% compares to 63.7% for 2008/2009 and 58.1% for 2007/2008. The increase in grant revenue reflected the awarding of two recurrent grants and finalisation of two non-recurrent grants during the financial year.
Ba lanc e Sheet
Total assets increased by $4,135,671 representing an increase of 53.9%. The increase was mainly attributable to the following:
(a) The carrying value of property, plant and equipment increased during the year by $324,157 mainly due to additions to leasehold improvements on new rental property.
(b) The carrying value of financial assets increased during the year by $3,507,262 due to a large bequest of equities in specie and the strengthening of the Australian sharemarket.
(c) The balance of cash and cash equivalents increased during the year by $239,172 mainly due to bequest income and grants received.
Cash Flow Statement
Cash flows showed an improvement of $1,094,798 compared to 2009, mainly due to a increase in government and other grants received of $1,830,886 and bequests received of $785,408. These improvements were offset, in part, by increase in capital expenditure of $616,519 and net investments, mainly fixed term securities, of $610,141.
Annual Report 09-10 33 34 Alzheimer’s Australia NSW Annual Report 09-10 35
Contact Us
Administration Dementia and Memory Centres
Alzheimer’s Australia NSW Dementia and Memory Dementia and Memory Gibson-Denny Building Community Centre Community Centre (Building 21) Vincent Fairfax Family 5 Hill Street 120 Coxs Road (cnr Norton Rd) Resource Centre BEGA NSW 2550 NORTH RYDE NSW 2113 120 Coxs Road Telephone: 02 6492 6158 (corner Norton Road) NORTH RYDE NSW 2113 Postal address: Telephone: 02 9888 4200 Hunter Dementia and PO Box 6042 Memory Resource Centre NORTH RYDE NSW 2113 2 Percy Street Telephone: 02 9805 0100 Dementia and Memory HAMILTON NSW 2303 Facsimile: 02 9805 1665 Community Centre Telephone: 02 4962 7000 Email: [email protected] Shop 2 146-150 Gordon Street PORT MACQUARIE NSW 2444 Telephone: 02 658 47444 National Dementia Helpline: 1800 100 500
Website: www.alzheimers.org.au
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Our new mascot, Al the elephant makes his entrance at the NSW MP Peter Bessling starts the Port Macquarie Fun Run & Walk on Wollongong-Illawarra Memory Walk on 11 Sept 2010 26 Sept 2010