QUEENSLAND PERFORMING ARTS CENTRE
ANNUAL REPORT 2007-2008 CONTENTS
QPAC vision, mission and values 3
Transmittal letter 5
Chairman’s report 7
Performance summary 8
Future direction 11
Strategic goals
Create 12
Participation 17
Leadership 20
Service 22
Resources 24
Corporate governance 27
Board of trustees 29
The year in review 33
Financial statements 39
Feedback 68
The annual report is an account of the fi nancial and non- fi nancial performance of the Queensland Performing Arts Trust (known as QPAC) during the 2007-2008 fi nancial year. This report can also be accessed by the public through the QPAC website at qpac.com.au. QPAC is committed to open and accountable governance and welcomes feedback on this report. Please email any comments or suggestions to [email protected] or complete and return the feedback form at the back of this report.
Boat, KITE Arts Education Program at QPAC. Photographer Justine Walpole.
Cover: The Love of the Nightingale. Photographer James Rogers. 1 THE BEST IN LIVE PERFORMANCE
The Queensland Performing Arts Centre (QPAC) is a vital component of the state’s dynamic cultural sector, fostering an environment of innovation, creativity, entrepreneurship and learning. Through the presentation of a high quality and innovative program of performing arts, QPAC connects audiences, artists, communities and industry. Operating under a unique curatorial framework, QPAC has dual functions as a performing arts centre of international standing and an entrepreneurial producer of high quality performing arts product. The Centre’s program consists of entrepreneurial ventures, commercial hires and a curated, non-commercial program across art forms that incorporates specifi c initiatives for children and young people. QPAC also produces a range of learning and engagement opportunities created to increase audiences’ understanding of and participation in live performance.
Our Vision Queensland’s entertainment destination and the leading presenter of performing arts in the Asia Pacifi c.
Our Mission To inspire, entertain and educate with quality live performance.
Our Values
Excellence Delivering the best
Creativity Inspiration and innovation in everything we do
Integrity Diligence, belief and passion
Collaboration Mutually benefi cial partnerships
Entrepreneurship Commercial success
Flamenco Fire, Sol de Otoño. Photographer Jamie Robertson.
2 3 TRANSMITTAL LETTER
The Honourable Rod Welford MP Minister for Education and Training and Minister for the Arts Level 22, Education House Mary Street Brisbane Q 4000
Dear Minister
I am pleased to submit for presentation to Parliament the 31st Annual Report for the Queensland Performing Arts Trust (QPAT) for the year ended 30 June 2008.
I certify that this Annual Report meets the prescribed requirements of the Financial Administration and Audit Act 1977 (FAA Act) and the Financial Management Standard 1997 (FMS) particularly with regard to reporting QPAT’s governance arrangements, objectives, functions and performance, as well as our additional reporting and tabling obligations for this report.
Yours sincerely
HENRY SMERDON Chairman
The Phantom of the Opera. Photographer Jeff Busby.
4 5 CHAIRMAN’S REPORT
I have great pride and pleasure in stating that the 2007-08 year has given us a great platform to take the Festival on to even was one of the most creative and fi nancially successful that the greater success and international acclaim. We are ever mindful Queensland Performing Arts Trust has had. It was due in no that providing young people with creative stimuli today instills small measure to the energy and enthusiasm of a new Board a love of the arts that is never forgotten. appointed from 1 July 2007 with a clear mandate for change QPAC also joined with our colleagues from around Australia to and rejuvenation. co-produce and co-present the new Australian opera, The Love One of the key tasks of the new Board was to develop a new of the Nightingale that featured in the Playhouse during the vision and strategic direction for the organisation. The new 2007 Queensland Music Festival. The production received four vision and direction has been embraced enthusiastically prestigious Helpmann Awards, which recognise excellence and by all stakeholders, particularly staff. Simply put, we want distinguished artistic achievement in the performing arts. to be Queensland’s entertainment destination and the Financially 2007-08 provided the best operating result in eight leading presenter of performing arts in the Asia Pacifi c, years with a profi t of $1.7 million. While a signifi cant part valuing excellence, creativity, integrity, collaboration and of this was driven by the very successful investment in The entrepreneurship with a focus on entertainment, public Phantom of the Opera, it has also been underpinned by greater participation, strategic relationships and commercial revenues from increased venue use and higher returns from opportunities. our food and beverage operations. The Board is very conscious Board members have given generously of their time and talent of the need to also control and reduce costs and increase to bring about signifi cant changes with the objective of making effi ciencies to match our effectiveness. the Queensland Performing Arts Centre (QPAC) the destination One of the more pleasing aspects of the year, apart from the of choice for an increasingly diverse audience and a place creative and fi nancial success, is the increased enthusiasm and where the broadest sweep of performing arts is nurtured and zest of the staff. The Centre is buzzing with staff engaging encouraged. It is now a Centre where the more traditional with our guests, providing them with a real experience beyond forms of theatre like opera, ballet and musicals mix with the simply seeing a show. We still have a way to go, but to the edgier and the different to provide a wider audience with more staff I say a big thank you for a real sense of vibrancy that excitement and diversity in our offering than ever before. is emerging. Let me outline some of the highlights of the past year. The year ahead is going to be a particularly challenging one We have welcomed increased attendances and greater audience with our two main facilities, the Lyric Theatre and the Concert diversity, with many patrons being fi rst timers to QPAC. Hall, closing to enable disability access works to be undertaken Audiences were drawn from all over Queensland and indeed as well as a signifi cant refurbishment of public spaces. The across the country. We were very pleased to welcome more works will improve access to QPAC and support our objective than 720,000 guests to more than 900 performances at QPAC. of delivering a program of diverse offerings to inspire and entertain audiences and create memorable experiences for all What the Board has found particularly gratifying is that on who visit QPAC. a number of nights this year, we have had over 5,000 guests at QPAC using the four theatre facilities and other previously I would like to thank the Minister, Rod Welford, for his underutilised spaces, enjoying a full range of performing continuing interest and support. He set the new Board a fairly arts events, from ballet to opera to dance to rock music to challenging task with the mandate for change. Fortunately orchestral music to jazz to comedy and so on. from my point of view as Chair, the Board has been more than up to the challenge, as evidenced by our success in 2007-08. QPAT has used its strong balance sheet during the year to invest in productions that play in our theatres. By leveraging Finally, I would like to pay tribute to and thank our Artistic off our fi nancial strength, we can achieve some fi rsts such Director, John Kotzas and his team for their commitment to as having major shows open in Brisbane. For example, our the task. It has been a great year and as a Board we needed the investment in Chicago will see the Australian season open in staff to come on the journey with us – and they have in spades. Brisbane in March 2009. It has been a really tough year for John having to step up when the previous Chief Executive, Craig McGovern, decided that it Traditionally, big musicals have factored strongly in what QPAC was time to bring down the curtain on his time at QPAC and do delivers and this year was no different with very successful something different. I want to place on record my appreciation seasons of Miss Saigon and The Phantom of the Opera. Both of of Craig’s efforts in his six years as Chief Executive and I wish these productions attracted overwhelming public support and him well in the future. demonstrated QPAC’s commitment to presenting the very best of live performance. The Phantom of the Opera also represented While 2007-08 has been a great year, I know the Board, one of QPAT’s largest ever commercial investments and the staff and I look forward to bigger and better things in the exceeded all expectations. years ahead. The Out of the Box Festival for the 3 to 8 year olds was held in June and was again an outstanding success. For the fi rst time the Festival was presented in conjunction with our good neighbours, the Queensland Art Gallery, the Queensland HENRY SMERDON Museum South Bank and the State Library of Queensland and Chairman
Polytoxic in Island, Out of the Box 2008. Photographer Justine Walpole.
6 7 PERFORMANCE SUMMARY
STRATEGIC Create and deliver a program of high quality Maximise participation in and the Demonstrate leadership and Improve the standard of our Build the potential of our people, GOALS performing arts events and experiences profi tability of all events at QPAC advocacy in our industry and services and our facilities systems and business and manage entrepreneur opportunities that our resources effectively so we can build our potential maximise our opportunities
OBJECTIVES 1. Maximise the potential of commercial 1. Increase public participation in the 1. Contribute to sustainability and 1. Impress our hirers with high 1. Provide fi nancial, information hirings, productions and co-productions. performing arts programs at QPAC. professional capability of the quality, effi cient production and administrative systems performing arts. services. that enhance our day-to-day 2. Increase no. of high-quality programs that 2. Increase participation and investment in operations. enhance the creative potential of participants. QPAC’s corporate programs and special 2. Provide leadership, research and 2. Impress our visitors with events. policy development. consistently high standards of 2. Provide high-quality human 3. Encourage the creative potential of children. customer service. resources services. 3. Deliver high quality ticketing services. 3. Pursue strategies that build our 4. Increase audience engagement and resources and enhance our long- 3. Improve continuously our facilities understanding of the performing arts and term capabilities. and provide a safe environment. community diversity.
PERFORMANCE 1. Achieved entrepreneurial initiatives revenue 1. Ticketed attendance by 692,000 patrons; 1. Supported Matilda Awards. 1. 95% hirer satisfaction with 1. Unqualifi ed audits and full target of >10% increase on previous year. 23% increase on 2006-2007. production services. compliance with statutory Participated in major networks of requirements. Commercial hire profi t 10% above budget. 2. Secured three new corporate partners. performing arts centres and Live 2. 93% patron satisfaction with visitor 2. 97% patron satisfaction with events at QPAC. Serviced over 5,000 corporate guests. Performance Australia. services. Successful integration of QPAC information systems including Staff representation on 37 industry 88% hirer satisfaction with visitor 97% patron satisfaction with quality of events 96% client satisfaction with QPAC hosts. qtix website and online marketing bodies or peak organisations. at QPAC. services. 3. 87% patron satisfaction with qtix. database. Mentored 2 young industry 50 seasons by or for young people. 78% patron satisfaction with 2. 100% compliance with EBA. 94% hirer satisfaction with qtix. professionals. catering service. 3. Out of the Box Festival delivered with 8% Nil hours lost to industrial 49% web based sales. Supported 39 seasons by Home increase in ticket sales. 78% hirer satisfaction with catering disputes. Companies. service. 91% parent satisfaction. Implementation of initiatives 2. Key industry partner in ARC 3. 89% patron satisfaction with QPAC following staff satisfaction survey. 87% teacher satisfaction. Linkage Project Sustaining Culture. facilities. 4. Major outdoor initiatives attended by an Assisted in development of Arts 93% hirer satisfaction with QPAC estimated 33,000 patrons. Queensland’s Aboriginal and Torres facilities. Strait Islander Arts Strategy and 3 initiatives targeting culturally diverse exploration of development of 100% satisfi ed with their groups. creative production hub. experience of the venue. 3. Announcement of access Accident rate below target of <5%. improvements to be undertaken 85% satisfaction with safety Nov 2008-Feb 2009. around QPAC. Entered into largest ever commerical investment, The Phantom of the Opera.
8 9 FUTURE DIRECTION
QPAC’s Strategic Plan 2009–2012 outlines four key focus areas: 1. Entertainment 2. Public participation 3. Strategic relationships 4. Commercial opportunities As a major producer and presenter, QPAC acknowledges both the intrinsic and instrumental value of the performing arts. Participation in the arts and engagement in creative processes fosters learning, wellbeing, civic participation and social inclusion. Further, the instrumental value of creative industries as drivers of economic growth is recognised the world over. The Strategic Plan 2009-2012 articulates a range of priorities that support these four focus areas. These in turn are detailed in the Operational Plan 2008–2009 which includes measures and outputs for the coming fi nancial year. Together these plans guide QPAC’s engagement with audiences, communities and industry. QPAC is well positioned to deliver on government priorities and to realise the Smart State vision.
2008-2009 MAJOR FOCUS PRIORITIES
Entertainment A wide range of performing arts Inspire audiences with a diverse arrange of arts and entertainment options. Local, national and international artists and organisations Collaborate to ensure audiences are offered the opportunity to experience the best performances. Venue utilisation Maximise venue usage. QPAC brand Deliver diverse programs and memorable experiences, consolidating QPAC as a much loved and highly recognised entertainment destination. Cultural Centre Leverage the unique location and combined capacities of Cultural Centre organisations. Public Participation Recognition Pursue local, state, national and international recognition as a leading performing arts centre. Visitor experience Present a diverse program of indoor and outdoor entertainment. New and existing audiences Encourage broad participation and loyalty from existing audiences and build new audiences with a focus on under 35s. Precinct Contribute to positioning the South Bank precinct and QPAC as a vibrant and diverse entertainment hub of Brisbane. Cultural diversity Engagement and participation with culturally diverse communities, including Aboriginal and Torres Strait Islander people. Learning Offer meaningful experiences of the performing arts. Strategic Relationships Producers and presenters Foster an organisation wide commitment to the success of events and activities. Industry partnerships Support industry development and productive working relationships. Government stakeholders Increase and diversify strategic support across government at a local, state and federal level. Corporate communities Increase and diversify strategic relationships throughout the corporate sector. International partnerships Develop and maintain partnerships with international organisations and artists, particularly within the Asia Pacifi c. Organisational culture Cultivate an internal culture that inspires loyalty, energy and passion. Commercial Opportunities Entrepreneurial activity Promote sustainable commercial activity and embrace innovation, experimentation and creativity and manage risk. Full service model Provide integrated services at a competitive cost that maximise expertise and resources. Ticketing Pursue commercial opportunities with a focus on the South Bank precinct. Food and beverage Grow the reputation and profi tability of food and beverage services. Redevelopment Deliver and manage improved facilities and services for current and future visitors and hirers.
Berlin, Sydney Dance Company. 2007 Art Direction, Frost Design (Sydney). Photographer Jason Capobianco.
10 11 STRATEGIC GOALS Create and deliver a program of high quality performing arts events and experiences
Operating under a unique curatorial framework, QPAC has Contemporary Music dual functions as a performing arts centre of international standing and an entrepreneurial producer of high quality A new programming initiative to present outstanding performing arts product. The Centre’s program consists of international artists to Brisbane audiences, Arrive Without entrepreneurial ventures, commercial hires and a curated, non- Travelling, featured concerts by guitarists John Williams and commercial program across art forms that incorporates specifi c John Etheridge and sitar superstar, Anoushka Shankar. QPAC initiatives for children and young people. QPAC also produces also initiated and managed the South Pacifi c tour of Anoushka a range of learning and engagement opportunities created to Shankar. More world-class concerts in this series are planned in increase audiences’ understanding of and participation in live the coming year. performance. The 2007-2008 program featured music performances from 2007-2008 was a big year for QPAC, fi lled with music, dance legendary international artists including Dionne Warwick, and comedy. QPAC’s ongoing association with national touring kd lang, Indigo Girls, PJ Harvey, Guy Sebastian and companies, our own productions and those co-produced with Cyndi Lauper. other artists and companies delivered a year that included two TaikOz presented Pearl, a virtuosic display of both traditional of the world’s most popular and acclaimed musicals and an taiko drumming and contemporary percussion works. The incredible array of Australian and international artists. public was given the opportunity to get up close to the taiko drums with a free peak-hour performance in the Cascade Court Musical Theatre and a series of sold-out workshops. The return of The Phantom of the Opera was one of the QPAC’s production of A Night on Broadway with John Frost highlights of the year. The new international production opened in August played to a sold out audience and demonstrated in Brisbane on 6 February with extremely strong advance sales, the enduring popularity of Broadway music and the potential positive reviews and enthusiastic audience response. The 12 commercial success of such initiatives. week season featured 94 performances and was attended by more than 165,000 people. Phantom was QPAC’s largest ever The Grammy Award winning Soweto Gospel Choir brought commercial investment and has delivered both fi nancial and its unique celebration of the power of music to the Concert artistic success. Hall, while eminent Australian artists, Kate Ceberano, Deborah Conway (in her presentation of Broad) and Paul Kelly each Prior to the Phantom’s entrance, the Lyric Theatre was fi lled played to capacity audiences and critical acclaim. with the sounds of 1975 Vietnam with another of the world’s most successful musicals, Miss Saigon. The epic love story Classical Music played to enthusiastic audiences for 63 performances. The Concert Hall continues to host an exceptional range of Company B’s multi-award winning Keating! continued its classical music concerts including the annual programs of successful national campaign, playing to close-to capacity The Queensland Orchestra, Australian Chamber Orchestra and audiences throughout its Brisbane season in the Playhouse. Queensland Youth Orchestras. QPAC again partnered with 4MBS for a day of classical Dance music in and around the Concert Hall in a program featuring After the success of Matthew Bourne’s Swan Lake in 2007, Beethoven’s heroic Symphony No.3 and his mightly choral QPAC partnered with three major Australian performing arts masterpiece, Ninth Symphony. Our partnership with the centres – Sydney Opera House, His Majesty’s in Perth and Queensland Conservatorium of Music continued with three The Arts Centre in Melbourne – to present Matthew Bourne’s presentations as part of the Kawai Keyboard Series. enigmatic production of Edward Scissorhands in the Lyric Theatre as part of an Australian tour. Nigel Kennedy returned to our Concert Hall stage with the Sydney Symphony Orchestra in a classical program including Sydney Dance Company’s Berlin explored the European city as Mozart and Beethoven. a symbol of decline and resurrection. The production marked Graeme Murphy’s fi nal season as Artistic Director of the Of particular note during the year was QPAC’s collaboration company, long considered one of Australia’s most vibrant arts with deep blue – the orchestra re-imagined for a short season companies. in the Playhouse. The work was very successful and was remounted for a Brisbane Festival season in July 2008. QPAC and Bangarra Dance Theatre in association with Musgrave Park Cultural Centre presented Stephen Page’s latest QPAC also continues its relationship with The Queensland work Mathinna in the Playhouse. Orchestra for its works with children, including a new presentation of The Little Mermaid during the Out of the Box Flamenco was a feature of the year’s program with seasons Festival. of Gala Flamenca, Paco Peña Flamenco Dance Company and Flamenco Fire Sol de Otoño. QPAC also partnered with Queensland Ballet for a pre- Christmas presentation of The Nutcracker in the Lyric Theatre.
Edward Scissorhands © Bill Cooper Photography. Create
12 13 Comedy Theatre 90 performances, 108 workshop sessions and 17 different developmental opportunities for young Queensland musicians free events and employed 265 artists. The festival was well while growing Queensland’s international profi le as a centre for Comedy was a major feature of this year’s program and A diversity of theatrical works was presented in QPAC’s theatres supported by the community, with 279 volunteers, including quality music education. the large increase in comedy tickets sold in 2006-07 was by international, national and local companies. The works were 37 QPAC staff members, taking part as buddies, as assistants maintained in 2007-08. Comedy is part of QPAC’s market- a mix of the familiar and the new, collectively delivering an on workshops and free events and by staffi ng the information Engagement and education led programming, successfully attracting new audiences to offering that made audiences think, laugh, cry and debate. booths. QPAC: 63% of comedy audiences are fi rst time bookers and QPAC acknowledges both the intrinsic and instrumental The Queensland Theatre Company program included the approximately 70% are aged under 45 years. With the resources of the Cultural Centre at their disposal, value of the performing arts. Participation in the arts and acclaimed Who’s Afraid of Virginia Woolf, Heroes, Neil Simon’s children and their carers were able to enjoy a range of cultural engagement in the creative process fosters learning, wellbeing, Monty Python legend, Eric Idle premiered in the extended The Prisoner of Second Avenue and The Female of the Species. experiences including performance, natural history, visual civic participation and social inclusion. version of Not the Messiah (He’s a Very Naughty Boy) at QPAC’s ongoing association with national touring companies art and the written word. Highlights of Out of the Box 2008 QPAC before touring throughout Australia and New Zealand. Throughout the year, QPAC delivered numerous initiatives continued with presentation of Bell Shakespeare’s farcical included Gondwana at QPAC, Beeware at the State Library Charles Ross’ One Man Star Wars, played to consistently full developed under the engagement and education agenda. Some comedy, The Government Inspector. New Zealand’s Indian Ink of Queensland and Critters at the Queensland Museum houses of Star Wars fans, including three Darth Vaders and 30 of these were well-established programs that have been refi ned Theatre Company presented the fi rst in its trilogy of plays South Bank. Stormtroopers on opening night. The Laughing Samoans, David over many years and others were introduced for the fi rst that won the Edinburgh’s Fringe First Award, Krishnan’s Strassman and Ross Noble also entertained with their own One of the Festival’s signature performance spaces, Island, time. In each case, the driving aim was to increase audiences’ Dairy. Other highlights of the year included Lafe Charleton in unique styles. returned to enliven QPAC’s Cascade Court with the sights and understanding of and participation in live performing arts. Kooemba Jdarra’s one man show Stand Up Benny Straight and sounds of Aboriginal, Torres Strait and Pacifi c Island cultures. Brenda Blethyn and Sigrid Thornton in Alan Bennett’s Talking Each day throughout the Festival, the free Island program The free live music program brought performance to the Comedy at QPAC Heads presented by Andrew Kay and Associates and Tinderbox featured an ever-changing line up of traditional foyers and outdoor spaces, including Frontyard Music in Productions. and contemporary music, song and dance. the Melbourne Street Green and Hearamusohaveadrink in the Cascade Court. The program was later refi ned into Jazz 80,000 250 Exhibitions Reading Champions and The Writing Post encouraged children Fridays and Nights Outside in the Cascade Court. The audience 70,000 to share their Out of the Box experiences by writing a letter for Jazz Fridays has grown consistently since the program 200 Exhibitions featured strongly in the QPAC program, starting or postcard to a friend, relative or teacher. The Festival began, attracting pre-theatre patrons and a dedicated crowd 60,000 with Glen O’Malley’s photographic tribute to Brisbane program also included a Symposium on Child Friendly Cities, of jazz fans every Friday and providing valuable performance 50,000 musicians of the 1950s, ‘60s and ‘70s, You Can’t Sit Down. 150 presented in partnership with Museum of Brisbane and Griffi th opportunities for fi nal year students at the Queensland The second exhibition in the Tony Gould Gallery was a University, which featured seminars about creative approaches Conservatorium Griffi th University. Nights Outside is a monthly
Tickets 40,000 retrospective of the work of sculptor and QPAC Artist-in- to parenting, policy and cultural and community development series of free, all ages concerts attracting a diverse mix of 30,000 100 Residence, Terry Summers, in Beyond: The Art of Terry in creative, child-friendly cities. audiences, particularly under 35s and featuring established Summers. Many of Terry Summers’ works are now on Number of Performances bands and musicians alongside those on the cusp of popular 20,000 permanent display in QPAC foyers. The KITE Arts Education Program at QPAC, an early childhood 50 success. arts education initiative of Education Queensland in partnership 10,000 One Road, Many Paths featured photographic works of with QPAC, provides a suite of experiences and activities QPAC supported Australian acoustic music showcase, fRETfEST, 0 0 Buddhist Tradition and formed part of the annual celebration for the early childhood community – students, teachers and in its initiative to fi nd, develop and support emerging acoustic 2005-06 2006-07 2007-08 of Buddha’s Birth Day at South Bank. The fi nal exhibition parents. KITE predominately works with school communities in Tickets Sold Performances singer-songwriters. Private auditions were followed by public for the year, Kicking up Dust, celebrated Indigenous dance South-east Queensland and early years students most at risk of performances in the Cascade Court, with age fi nalists playing in Australia and was timed to coincide with the 2008 World social exclusion. off for the title of fRETfEST’s Find of the Year 2007 at the Dance Congress. Grand Final Concert in the Playhouse in November. In June, QPAC developed and presented its inaugural comedy In 2007, KITE’s Yonder project provided a program of arts festival, In Stitches. Capitalising on the growing popularity Children engagement and participation for students and teachers As a way to encourage and support greater adult participation of comedy in the Brisbane market and the diversity of from under-resourced communities, delivering relevant in the arts, QPAC ran a series of dance and choral workshops, Australian comedic talent, In Stitches was a fortnight of Since establishing the renowned Out of the Box Festival in contemporary arts experiences for Early Years students and 2Hot2Dance and Altogether Now. Both sold out to maximum some of the country’s most revered comedy artists including 1992, QPAC has been acknowledged within Australia and educators. The theme of Yonder emerged from KITE’s research capacity and culminated in public performances. The feedback ABC TV’s The Chaser, Jimeon, Ahn Do, Julia Morris, Fiona overseas for its early childhood arts programming and its in schools and encourages children to imagine new ways received will inform further adult participative arts projects in O’Loughlin, The Kransky Sisters and The Umbilical Brothers. approach to learning in and through the arts. The Out of the of being and explore their own potential. In 2008, Yonder the future. Operating under a new commercial model that incorporated a Box Festival returned in 2008, presenting six days of events is continuing to explore themes of belonging, strength and combination of venue hires, rental deals, risk shares and QPAC designed especially for 3 to 8 year olds. The program featured happiness with several schools. School concerts, presented by The Queensland Orchestra in produced events, In Stitches included a free outdoor music and free and ticketed performances, workshops, exhibitions and association with QPAC, delivered quality music, repertoire, comedy program, cabaret style performances and in-theatre creative spaces encouraging children to engage with their own KITE’s new in-theatre work, Boat, premiered at QPAC in conductors and performers to primary, middle and senior performances. In Stitches was an artistic and commercial and others’ creativity. October before a return season in the 2008 Out of the Box school students in ways that stimulate their understanding, success for QPAC and will return in 2009. Festival where it was one of the most popular events of the interest and creativity. Approximately 46,500 children, parents, teachers and families festival. In 2008, KITE worked on the Gold Coast for seven attended the 2008 Festival, which for the fi rst time extended weeks delivering a participative arts project that culminated in Opera and orchestra students took centre stage in Orfeo ed Opera across the Cultural Centre. Out of the Box 2008 commissioned in-school performances for parents and the community. Euridice, presented by Queensland Conservatorium Griffi th QPAC co-produced and co-presented the new opera from three new works – Funny Voices in collaboration with University in association with QPAC in support of young artists In early July, QPAC hosted the Bonyi International Youth acclaimed Australian composer Richard Mills, The Love of the Queensland Theatre Company, Red Earth, Blue Water with and promoting excellence in music and opera. QPAC also Music Festival, an exciting new event for school-aged Nightingale. The production, presented as part of the 2007 Jagera Jarjum and Beeware through the State Library of provided support for students from University of Queensland, musicians and singers from around the world. The Festival Queensland Music Festival, was a critical success, winning four Queensland. by co-presenting Suites and Symphony featuring the UQ involved approximately 450 musicians plus teachers, carers prestigious Helpmann Awards. Symphony Orchestra and String Orchestra and conducted by Ticket sales increased by 8% compared to the 2006 festival, and professional tutors from Australia, South Africa and New Germany’s most recorded musician, Maestro Werner Andreas Queensland’s own opera company, Opera Queensland delighted with 48% of sales being to schools and 52% to the general Zealand in a week of workshops, performances and cultural Albert. audiences with seasons of two popular operas – Giuseppe public. The Out of the Box Equity Fund enabled 301 children exchange across several Brisbane venues. The Festival provided Verdi’s Nabucco and Gioachino Rossini’s The Barber of Seville. from schools and communities experiencing fi nancial hardship to attend festival events free of charge. The festival involved
14 15 Participation
For the August presentation of Ralph Vaughan Williams’ Satisfaction with Performance A Sea Symphony, QPAC worked with Queensland Youth Orchestras, the Queensland Conservatorium Griffi th University and the Brisbane Chorale. The event brought together four O organisations that have each played an important role in developing classical music in Queensland in a concert marking Queensland Conservatorium’s 50th anniversary year. O QPAC’s Summer Holiday Program 2008 featured workshops, lunchtime concerts and the popular Kids Art Markets. QPAC partnered with NIDA to present NIDA on Tour holiday &YDFMMFOU 7FSZ(PPE (PPE /FVUSBM 1PPS workshops covering a range of topics including acting techniques, screen acting, auditioning, directing and presenting for television.
QPAC also partnered with Education Queensland, as it has Satisfaction with Quality of Production done for the past three years, for the presentation of Creative Generation – State Schools on Stage, a large-scale presentation
featuring the diverse talents of high school students from across Queensland in collaboration with professional O performing artists. O
&YDFMMFOU 7FSZ(PPE (PPE /FVUSBM 1PPS Move It! Out of the Box 2008. Photographer Justine Walpole.
Maximise participation in and the profi tability of all events at QPAC
Marketing and ticketing at QPAC maximise participation Event Marketing by creating awareness of events and making purchasing of Out of the Box Satisfaction tickets as simple and accessible as possible. QPAC Corporate The QPAC Marketing team’s focus of providing marketing Development facilitates corporate participation through services to all of QPAC’s hirers, thus assisting them to maximise audience attendance, again highlighted the benefi ts 100 partnerships and corporate entertaining opportunities. Parents Teachers of providing local knowledge and assistance in delivering marketing outcomes. The provision of services including 80 design, publicity, advertising, eMarketing, promotion and campaign management is one that is keenly supported by Ticketed Attendance at QPAC Venues many local, national and international hirers. 60 The move toward market-led initiatives such as comedy 800,000 programming and the successful season of the popular 40 musical, The Phantom of the Opera, contributed to a large 700,000 increase in ticketed attendance during 2007-08. 20 eMarketing continued to build as a vital part of the marketing 600,000 mix. Internet sales continue to increase and now consistently exceed all other sales channels. QPAC’s email subscriber base 0 2004 2006 2008 2004 2006 2008 500,000 more than doubled and individual eMarketing campaigns utilising data segmentation from the ENTA ticketing system 400,000 continue to deliver high conversion rates, allowing for cost effective event marketing and encouraging repeat attendance. Web analytics and online customer surveys have provided 300,000 valuable insights to further improve marketing effectiveness and also show high levels of satisfaction with QPAC. The 200,000 pursuit of a shift from transactional to relational marketing activities was particularly highlighted through implementation 100,000 of a number of audience development initiatives, including Arts Queensland’s Test Drive the Arts and our own audience profi ling initiative using the Vital Statistics software. 0 2003-04 2004-05 2005-06 2006-07 2007-08
16 17 Test Drive the Arts is a program to grow audiences by fi rst Corporate Development qtix providing patrons with free or discounted access to tickets and later converting them to full-priced ticket buyers. QPAC’s QPAC Corporate Development secures and maintains the QPAC’s ticketing operation, qtix, enjoyed an extremely fi rst commitment to Test Drive the Arts was Sydney Dance valuable partnerships with corporate identities that provide successful year, ticketing not only QPAC events, but also many Company’s Berlin, which fi lled its allocation within one support for specifi c projects or general operations or help QPAC events at other venues across Brisbane. Over 700,000 tickets day. Tickets to deep blue – the orchestra re-imagined, Arrive operate more effi ciently. were sold through qtix this fi nancial year. Without Travelling and Bell Shakespeare’s The Government QPAC corporate partners continued to make a valuable A review of call centre processes had a signifi cant impact on Inspector were also offered and second round offers were made contribution during 2007-08. QPAC was delighted to the functionality of the call centre. One outcome, through to patrons attending dance and drama. maintain successful partnerships with Queensland Investment streamlining the incoming call queuing system, resulted in A trial of advanced data analysis software, Vital Statistics, Corporation, Qantas and Grinders, while Central Apartments improvement in call handling and wait times. & Hotels demonstrated its ongoing support by renewing its as an add-on to QPAC’s ticketing system has been highly qtix’s reputation for strong customer service resulted in partnership with increased investment. The ongoing major successful and allows unprecedented interrogation of historical numerous new business clients including Queensland partnership between QPAC and Australia Post was awarded purchasing patterns and behaviours. While the ENTA ticketing Art Gallery – Andy Warhol and Picasso & His Collection a ‘Good Practice Recognition Award’ from the Australian system is already the market leader in Australia, the additional exhibitions; the 2008 National Playwright’s Festival, held at Business Arts Foundation (AbaF). functionality of Vital Statistics enables even more powerful Bille Brown Studio, Metro Arts and Brisbane Powerhouse; data analysis to assist in the development and tracking of QPAC welcomed three new partners on board during 2007-08. South Bank Corporation’s 20th Anniversary World Expo audience development initiatives. The Australia Council has Fosters Group joined as QPAC’s exclusive beverage partner, Celebrations Charity Dinner at Brisbane Convention and since offered to support arts companies interested in investing HBA Health Insurance commenced its fi rst year of partnership Exhibition Centre; and the Academy of Creative Industries. in the analysis tool and QPAC is in discussions about being with QPAC, celebrating the opening of its Queensland operation The ticketing contract with the State Library of Queensland involved in this nation-wide initiative. with an exclusive private function on the Concert Hall stage was renewed. and QPAC’s relationship with property group FKP commenced Working closely with tourism bodies and Queensland Art A major ticketing software upgrade is in progress and is due with a major promotion in association with The Phantom of Gallery, QPAC explored regional tourism marketing strategies for completion in late 2008. for cultural events. Through close relationships with Tourism the Opera. Queensland, Brisbane Marketing, Queensland Rail, Qantas During the year, QPAC’s partnerships with Lindt & Sprungli, and Qantaslink, QPAC instigated a number of event driven Conrad and Lexus concluded. QPAC and Lexus are continuing initiatives targeting regional sales. A collaborative regional to work together to deliver the Lexus Encore program at QPAC. marketing campaign was developed between The Phantom of the Opera at QPAC and GoMA’s Andy Warhol exhibition. The Out of the Box Festival was a major focus in 2008 In addition to attracting audiences to these two events, the and once again it enjoyed solid support from 32 Festival purpose of the activity was to build a regional database, Partners, Supporters and Special Thank You’s. QPAC gratefully allowing more dynamic, one-to-one marketing approaches to acknowledges the support of: regional audiences. FESTIVAL PARTNERS QPAC’s successful AdmitOne program, where single ticket buyers experience a hosted night at the theatre, and the Australia Post continuing success of the organisation’s group booking services Brisbane City Council are also examples of the increasing importance audience Brisbane’s Child development takes across the organisation. Central Apartments & Hotels QPAC regularly seeks feedback from our patrons through Channel 7 audience surveys and undertook, for the fi rst time, a tourism The Courier-Mail economic benefi t study for The Phantom of the Opera, in Edwards Dunlop Paper conjunction with a similar study for GoMA’s Andy Warhol HBA Health Insurance exhibition. The results indicate that major musicals have a very National Storage positive impact on the economy, with The Phantom of Printcraft the Opera attendees generating more than 31,600 visitor nights Sony in Queensland, with average per capita expenditure of $1,550 Translink per trip ($3,000 for overseas visitors). The economic benefi t is particularly strong in South Bank and the Cultural Centre precinct, with 20% of attendees also visiting the Queensland FESTIVAL SUPPORTERS Museum South Bank, Queensland Art Gallery or State Library Bostik of Queensland. Crayola A joint Cultural Centre Marketing Group has been established, Mont Marte with its major initiatives so far being preparation of Summer Sims Steel and Winter program guides, featuring all the activities across the Cultural Centre. The Summer guide was launched by the QPAC Hosts corporate entertaining program enjoyed a highly Minister for Education and Training and Minister for the Arts successful year. Miss Saigon and The Phantom of the Opera in November. Marketing collaboration for the 2008 Out of the proved extremely popular with corporate clients resulting in Box Festival was another highlight of this group. a record number of functions and entertaining over 5,000 corporate guests during the year.
18 19 speaker and the Auditoria and Performing Arts Centre Redevelopment Summit in London in November at which QPAC’s Director, Marketing and Ticketing delivered a paper. The Artistic Modifi cation works to improve access for people with Director of Out of the Box attended the 16th Association mobility diffi culties to the Lyric Theatre and Concert Hall International du Theatre Pour l’Enfance et la Jeunesse were announced by the Minister for Education and Training (ASSITEJ) World Congress and Performing Arts Festival in and Minister for the Arts in October. The works will require Adelaide, a global gathering of people passionate about closure of the Lyric Theatre and Concert Hall from November theatre for young audiences. 2008 until February 2009. The end result will be more seating choices and easier access for people with a disability and will • QPAC Museum hosted the annual meeting of Performing include additional wheelchair seats in the theatres, additional Arts Special Interest Group of Museums Australia in toilet facilities, installation of a new lift from the Trust car June. The meeting was attended by representatives from park to the Level 2 stalls area and extending the existing Lyric museums and galleries across the country. Theatre lift to service all levels between the Trust car park and Level 7. There will also be modifi cations to bars, box offi ce and Research cloakroom counter heights. Sustaining Culture: The Role of Performing Arts Centres is a In the budget in June, the Minister announced a $34million three year research project focused on the social, cultural and refurbishment of the centre to be undertaken during the economic impacts of performing arts centres and their role planned closure period. Including the refurbishment of the in creating vibrant public spaces. Funded by an Australian Lyric Theatre and Concert Hall, as well as improved access to Research Council (ARC) Linkage grant, Sustaining Culture the Centre, the works will enhance the QPAC experience for all brings together industry partners through the OZPAC network visitors. Leadership including QPAC, Sydney Opera House, The Arts Centre and the Adelaide Festival Centre and researchers from Brisbane’s The majority of the works are expected to be completed by the Griffi th University. Perth Theatre Trust and The Edge are also end of February 2009, with the theatres reopening for business participating in the project under separate arrangements with from March 2009. It will be business as usual in the Playhouse, deep blue – the orchestra re-imagined. Photographer Fiona Cullen. Griffi th University. Cremorne Theatre, studios and Tony Gould Gallery. The project focuses on the impact of performing arts centres in Demonstrate leadership and advocacy in our industry and four areas: Participation (audiences), Performance (artists and entrepreneur opportunities that build our potential companies), Partnerships (in adjacent industries, institutions and government) and Publicity (networks of communication and language both expert and public). QPAC Award for Excellence, Wesley Enoch. With a sustained Industry development The project is due for completion in December 2008. The track record of producing excellent work as a director, writer project represents a signifi cant body of work that will provide QPAC is a vital component of the state’s dynamic cultural and creator of new work, Wesley Enoch has made an important valuable knowledge and practical data to inform QPAC’s sector, fostering an environment of innovation, creativity, contribution to the development of Indigenous performing thinking and practice. It will also extend scholarship on major entrepreneurship and learning. Through the presentation of a arts. He is currently working to establish a national Indigenous cultural issues and enhance QPAC, Griffi th University and high quality and innovative program of performing arts, QPAC theatre company and was Director in Residence for the 2008 Queensland’s position in the fi elds of sociology and cultural connects audiences, artists, communities and industry. Out of the Box Festival. planning. QPAC participates in major networks of performing arts centres Throughout the year, QPAC staff participated in a range of throughout the region including Australian Performing Arts conferences, consultations, management committees and Centres Association (APACA), Northern Australia Regional industry advocacy groups. Performing Arts Centres (NARPACA) and Association of Asia Pacifi c Performing Arts Centres (AAPAC). QPAC is an active • Staff were involved in numerous Arts Queensland member of the industry group, OZPAC, comprising major initiatives including the development of the Aboriginal performing arts centres including Perth Theatre Trust, the Arts and Torres Strait Islander Arts Strategy; focus groups Centre (Melbourne), Sydney Opera House, Adelaide Festival exploring the development of a creative production Centre, The Edge (Auckland) and QPAC. hub to support small and mid-scale performing arts in Queensland; and industry experts involved in the small to In addition to producing its own program, QPAC is a regular medium organisations program. performance home of four key state arts organisations, Queensland Theatre Company, Opera Queensland, Queensland • The QPAC Chief Executive was reappointed as one Ballet and The Queensland Orchestra. The four companies and of the two Vice Presidents of peak industry body, QPAC meet regularly to discuss collaboration and issues of Live Performance Australia as well as serving on the corporate and operational signifi cance. QPAC is a long-term Management Committee and the larger Executive Council. supporter of the Matilda Awards, which celebrate the excellence • QPAC executives were invited to speak at major of theatre in South-east Queensland. In March QPAC hosted the conferences including the Sustainable Marketing annual awards ceremony and provided venue, technical and and Entrepreneurship National Conference at Griffi th front of house support. QPAC extends its congratulations to all University at which the Chief Executive was a keynote the nominees and winners, especially the recipient of the 2008
20 21 Food and Beverage Operations Facilities Management In its fi rst full year of operation, QPAC Food and Beverage As a large public facility, QPAC is committed to continuous Operations achieved record revenue, celebrated one year of maintenance and improvement of its facilities. This year, service of over 30 casual staff and successfully underwent an improvements included resurfacing of the curved timber external audit of its operations. platform on the Concert Hall stage and the timber fl oor of the Tony Gould Gallery and a rolling painting program for back of In March, QPAC was granted a Special Facility License, a key house areas. feature of which is extended trading hours that are no longer linked to performance times. QPAC welcomed Fosters as The ongoing Capital Maintenance Program included upgrade of beverage sponsor covering all wines, beers and spirits available exterior sign boxes, residual current device protection, upgrade throughout QPAC. of light fi ttings in the band/orchestra rooms, the Minstrel Gallery and two Playhouse lighting bridges and retrofi tting of Systems improvements included adoption of a computerised all spiral duct lighting to improve energy effi ciency. The asset inventory system, which was successfully implemented and revaluation project of the entire building was completed and subsequently audited and is proving to be a powerful tool for asbestos remediation was undertaken to all external garden managing and analysing stock movements, levels and costs. boxes. The Lyrebird Restaurant continued to receive strong praise from In order to improve access to QPAC, repairs were carried out to customers and restaurant reviewers, with seasonal changes to the Playhouse staircase on Grey Street, which had presented a the menus offering variety and an extensive wine list providing potential hazard to patrons due to sinkage. the perfect accompaniment to any dish. At various times during the year, the menu changed to meet the particular needs of Following establishment of a QPAC Green Team to consider Service specifi c audiences, including Viennese treats during 4MBS ideas to reduce energy and water consumption, toilets and Beethoven celebrations, Halal food for audiences for an Islamic showerheads were fi tted with water-wise fi ttings. With the concert and Vegemite sandwiches and patty cakes during Out of comfort and safety of our patrons in our auditoriums a priority the Box. Changes made to the interior of the Lyrebird increased during Earth Hour, participation in this important world-wide Photographer Justine Walpole. seating capacity and improved the restaurant’s ambience, while initiative proved challenging. However, QPAC rose to the implementation of the ResPak CRM system has captured details challenge and reduced energy consumption by switching off Improve the standard of our services and our facilities of an ever-increasing database of regular diners. riverside architectural lighting and dimming foyer lighting during non-interval periods. The Cascade Court also underwent some décor changes with installation of new furniture and clearing stations and removal To save energy, movement sensor lighting was installed in fi re The services and facilities administered by the many areas In line with the rolling replacement strategy for instruments of overgrown conifers from the perimeter. Variety was added to escapes and stairwells, elevators were re-programmed to shut within Venue Operations at QPAC, including back of house, and equipment, QPAC took delivery of a new three-quarter the food available to refl ect the in-theatre program including down when not in use and access to the lift entrance from the front of house, facilities, safety and food and beverage concert piano and sold three small upright pianos. installation of a Saigon Hut during Miss Saigon to serve Asian car park to the Cremorne Theatre was upgraded. operations, ensure our patrons enjoy the best possible themed food, a barbecue area during Spicks and Speck-tacular Improvements in technical equipment during the year included experience of QPAC. We strive to continuously improve the in the busy pre-Christmas period and the In Stitches tent, an upgrade of the ABC recording booth in the Concert Hall and Safety and Security standard of our services and facilities to ensure we continue which served pizza and tap beer during our comedy season. new washing machines and dryers in the Wardrobe Department. The national campaign launches for both major political parties to meet and exceed patrons’ expectations. In the foyers, refrigerated cabinets were installed to improve for the 2007 Federal Election involved the highest security Visitor Services the delivery of pre-ordered interval drinks, an espresso machine detail yet undertaken by QPAC. Production Services was added to the Playhouse Stalls bar, an additional coffee cart Comprised of around 150 predominantly casual staff, the A total evacuation of the building drill was successfully With many single performance hires, three festivals and two was commissioned for the main foyer bridge level and a section Visitor Services team is the public face of QPAC, servicing conducted in November and a fi re safety audit conducted major musicals in house during the year, the Production of the Concert Hall mezzanine was converted to The Loft, large volumes of diverse visitors in roles such as ushers, by Queensland Fire and Rescue Offi cers endorsed QPAC’s Services team, comprising Staging, Audio Visual, Lighting and allowing patrons to enjoy pre-show and interval drinks and foyer commissionaires, fi rst aid attendants, shop and gallery compliance with the Fire Safety Act and regulations relating Wardrobe departments and associated technical workshops, snacks in a comfortable lounge atmosphere. attendants and merchandise sellers. Stage Door is a focal point to the occupation and use of the building. An external audit were in constant demand. Amongst those who use QPAC of the operation, with all artists, visitors and staff passing Refurbishment of the Rooftop Function Room and new revealed the security procedures for QPAC ID cards are of high theatres, satisfaction with Production Services was 95% for through this important station into our Green Room and furniture in the Playhouse and Lyric Lounges, as well as quality. the year, the high standard of work provided by the team backstage areas. improved pantry facilities and service access have enhanced being refl ected in their excellent relationship with hirers of the the experience of guests to these function areas. Guests were venues and requests for production staff to travel to Sydney Staff from throughout QPAC were given the opportunity to delighted with the theming of function spaces as appropriate with Miss Saigon and The Phantom of the Opera. experience life in Visitor Services under QPAC’s Changing to their show or event, while connection to the point of sale Places program with 36 staff members gaining valuable Demonstrating the versatility of our venues and the ability of system has improved operations for all functions. insights into working directly with our customers by taking up our production teams to deliver complex events, commercial the opportunity to usher during a shift for The Phantom of the hires for QPAC venues ranged from international touring Opera. productions such as Edward Scissorhands, to national launches of the federal election campaigns of both the Australian Labor In 2007-08, overall patron satisfaction with service at QPAC Party and the Liberal/National coalition. The Concert Hall increased slightly to 94%. Our ushers once again proved their continues to be an extremely popular venue for national music efforts are valued highly by our patrons, with satisfaction with concert and comedy promoters with performances during the ushering services sitting at 96%. year including Josh Groban, Cyndi Lauper, kd lang, Jason Alexander and Clive James.
22 23 Resources
• Implementation of EBMS contact management guest’s experience of QPAC and achieve 100% patron/guest • Upgrade of Finance 1 satisfaction by going “above and beyond what is expected”. A total of 145 employees were nominated by their colleagues for • Live feed of Ticketing and Catering sales onto Intranet and awards and the success of the program lead to the May roll-out mobile devices of a Reward and Recognition Program across all parts of QPAC. • Completion of an Environment Monitoring Trial Depending on an employee’s work area, they are eligible for • Implementation of a restaurant management tool one of three awards on a quarterly basis. • Linking of the Restaurant Management system to the Point A detailed Training Needs Analysis program was undertaken to of Sale system determine our overall training plan and training calendar for 2008. Human Resources The QPAC Consultative Committee met regularly to discuss This was another year of high activity for the Human Resources matters including the Employee Survey, Enterprise Bargaining team at QPAC, with maintenance of a large casual workforce, and the QPAC Drug and Alcohol Policy and associated training. implementation of a rewards and recognition program and initiatives from the Employee Satisfaction Survey taking major Quarterly staff meetings provided an opportunity to update focus. employees on major initiatives and tracking against budget and widened the understanding of other arts organisations The results of our second Employee Satisfaction Survey, and personnel in the state, with presentations by external conducted in May 2007, were presented to employees in guest presenters including Tony Elwood (Director, Queensland November. The survey provided the opportunity to comment Art Gallery), Annie Peterson (Producer) and Judith Anderson on factors such as workplace environment, communications, (General Manager Queensland Ballet). rewards and recognition, leadership, learning and development and work/life balance. Overall employee satisfaction is The staff newsletter, QPAC News, continued to be an important relatively steady at 56%. tool in sharing information, reinforcing core values and acknowledging the contribution all staff make to the successful Keating. Performer Mike McLeish. Photographer Heidrun Lohr. In response to issues raised in the survey, a range of operation of QPAC. Regular Lifestyle Prompt sessions provided organisation-wide and department-specifi c strategies are being employees with information on will-making, salary packaging Build the potential of our people, systems and business and manage our implemented including a Rewards and Recognition Program and health and well-being. Employees were also encouraged to and management training for Managers and Supervisors. broaden their appreciation of the many roles within QPAC by resources effectively so we can maximise our opportunities A GST (Guest, Service, Thought) Rewards and Recognition working a shift in another part of the organisation through the Program, incorporating Visitor Services, Food and Beverage Changing Places program. Plan is monitored by the Audit and Risk Management Corporate Services and qtix employees, was implemented for the Miss Saigon Committee, comprised of fi ve Trustees (Bill Grant (Chair), Henry Longstanding staff members were acknowledged in service season. The focus of the program was to enhance a patron/ QPAC has built a strong governance system based on a process Smerdon, Helene George, Jim Raptis and Jane Bertelsen) and award ceremonies during the year. of comprehensive management reporting. The bottom up the internal and external auditors. approach ensures that all measures are tracked and issues noted, increasing the transparency of reporting and reducing Under its charter, the core responsibilities of the Committee the impact of unforeseen events. are to review and monitor the Trust’s budget; examine the annual fi nancial statements; examine and monitor internal The process of constant monitoring also contributes to the systems, procedures and processes of signifi cance to the Trust; QPAC Board of Trustees precision of QPAC’s fi nancial forecasting. In a volatile market, ensure that the Trust has in place an acceptable internal QPAC is able to accurately track progress against budget, audit function; approve the internal audit strategic plan and Development allowing measures to be taken, when required, to adjust monitor its implementation; liaise with external auditors in Chief Executive performance and mitigate any fi nancial shortfalls. the preparation and audit of fi nancial statements; ensure that Policy & Research In a further enhancement to fi nancial processes, an activity- fi nancial and other risks to which the Trust might be exposed based costing model has been developed to improve the are identifi ed and that strategies are in place through the Risk resource allocation framework into the future. Management Strategy/Business Continuity Plan; and otherwise Artistic Director provide advice and assistance to the Trust to enhance the John Kotzas Director – Director – Venue Operations Director – A new electronic records management system (TRIM) continued corporate governance of its operations. to be implemented during the year, with key staff receiving Marketing & Ticketing & Services Corporate Services training. The system enables QPAC to comply with statutory The committee, which met four times during the year, has Commercial Programs Anne-Maree Moon Helen Jacobe Kieron Roost requirements and best practice recordkeeping and has the observed the terms of its charter and had due regard to the potential to redefi ne the ways in which the organisation shares Queensland Treasury’s Audit Committee Guidelines. QPAC Presents qtix Production Services Finance and utilises information, which will in turn have signifi cant impacts on business practice and reporting. Thirty licences Information Systems Development Engagement & Education Corporate Marketing Visitor Services Human Resources have been purchased with a view to the majority of relevant In keeping with Information Services’ strategy of delivering Out of the Box Event Marketing Facilities Management Information Systems staff having access to the system by mid-2009. real time reporting whilst maintaining high levels of data security, successes for the year included the following projects: Industry Development Audience Development Registry & Administration Audit and Risk Management Food & Beverage Operations • Integration of qtix website and online marketing database QPAC utilises a Risk Management Plan to identify and mitigate QPAC Collection Customer Service Programs Statutory Compliance • Implementation of a marketing tool to analyse the major business risks. Compliance with the Risk Management ticketing database Safety & Security
24 25 CORPORATE GOVERNANCE
The Queensland Performing Arts Trust (known as QPAC) is a Offi cer travelling Destination Cost ($) Purpose of trip Statutory Authority of the Queensland Government with its Kieron Roost New Zealand 2,231 Attendence at responsibilities set out in the Queensland Performing Arts Trust Director Corporate OZPAC Conference Act 1977, which can be found at www.legislation.qld.gov.au. Services The object of the Act is to contribute to the cultural, social and intellectual development of all Queenslanders. Michael Stout New Zealand 2,231 Attendence at Management OZPAC Conference QPAC’s guiding principles under the Act are: Accountant • Leadership and excellence should be provided in the Anne-Maree Moon United Kingdom 14,048 Presentation at performing arts; Director Marketing Singapore Auditoria and and Ticketing Performing Arts • Leadership and excellence should be demonstrated in the Centres Executive management, on a commercial basis, of venues used for Summit 2007; the performing arts, for the benefi t of performing artists; Executive Meeting with Esplanade • There should be responsiveness to the needs of the Theatre on the Bay, communities in regional and outer metropolitan areas; Singapore • Respect for Aboriginal and Torres Strait Islander cultures should be affi rmed; Public Sector Ethics Act 1994 • Children and young people should be supported in their To ensure a clear understanding of and commitment to the appreciation of, and involvement in, the performing arts; fi ve ethics principles contained in the Public Sector Ethics • Diverse audiences should be developed; Act 1994, the Trust has developed and implemented a Code of Conduct for Trust members and employees. New staff are • Capabilities for life-long learning about the performing provided with a copy of the Code of Conduct and receive a arts should be developed; detailed briefi ng on the Code at induction. On an ongoing • Opportunities should be developed for international basis, staff can view the Code on the QPAC Intranet. Trustees collaboration and for cultural exports, especially to the and staff continue to abide by the principles contained in the Asia-Pacifi c region; Code. • Content relevant to Queensland should be promoted and Whistleblowers’ Protection Act 1994 presented. The Whistleblowers’ Protection Act 1994 promotes the public The guiding principles and the functions of the Trust form the interest by protecting public sector offi cials who disclose foundations to the QPAC Strategic Plan. danger to public health or safety, the environment or unlawful, The Minister for Education and Training and the Minister for negligent or improper conduct affecting the public sector. Arts is the responsible Minister for QPAC and the Trust receives During 2007-08, no public interest disclosures were raised and substantial funding from the State Government to undertake its no disclosures were substantially verifi ed. functions and operations. Waste Management Consultancies QPAC has developed a Waste Management Plan outlining our Consultancies for the year ended 30 June 2008 responsibilities and polices regarding the responsible disposal of waste. This plan is available on the QPAC Intranet. Category $’000 Management 95 Professional / Technical 159 Total 254
Overseas Travel An amount of $18,510 was expended on overseas travel relating to QPAC staff travelling on QPAC business. This does not include travel by artists, conductors or soloists charged directly to events or festivals.
Mathinna, Bangarra Dance Theatre. Photographer Stephen Ward.
26 27 BOARD OF TRUSTEES
Board of Trustees Bill Grant Ray Bolwell Deputy Chairman Member Members of the Queensland Performing Arts Trust Board of Trustees are Bill Grant holds a Ray Bolwell recently number of board retired from his appointed by the Governor in Council and advisory position as Chairman in accordance with the Queensland board positions, of the Board of the Performing Arts Trust Act 1977. Trustees including Chairman Gold Coast Arts are appointed to the Board for a period of the Urban Land Centre (GCAC), a of not more than three years. Development position he had Authority, New Hope Corporation, Life held since 1996. During that time, he The QPAC Board of Trustees met 11 times Without Barriers and the Business drove major changes in the operations, during the year. Development Association (BDA). initiatives and directions of GCAC, Previously, Bill held positions including including The Summer School initiative Henry Smerdon CEO of South Bank Corporation and which gives young, local performers BCom, BEcon, FCPA, Newcastle City Council. and technicians a solid grounding in the performing arts, the Arts Café, two MAICD He has signifi cant experience in property Chairman licensed cinemas and off-premises development, venue management, local catering. Henry Smerdon government and project management. had a distinguished Previously, Ray had managed an 36 year career in Jane Bertelsen international performer, worked in the the public sector, Member American entertainment industry and including fi ve met and worked with many of the stars, years as the Under Treasurer and Under Jane is an agents and producers in Hollywood, Las Secretary of the Queensland Treasury experienced public Vegas and New York. When he returned Department. sector manager. For to Australia, he established and managed over a decade she one of the fi rst studios to produce both From the end of 1994 until April 1998, was Manager of video and audio commercials for leading he held the position of Chief Executive Intergovernmental advertising agencies in Melbourne. He Offi cer of the Queensland Investment Relations in the then began producing and packaging Corporation, an organisation he Brisbane City Council and Secretary of shows for major entertainment venues played a major part in establishing. the South East Queensland Organisation in Melbourne, before moving on to Henry has also served on a number of of Councils, which focused on the producing and packaging shows in Asia. Government boards including Suncorp, strategic goals of the region. Jane is Chair the Queensland Industry Development of Burnett Water Pty Ltd and Deputy Chair After returning to Australia, Ray Bolwell Corporation (Deputy Chairman), Workers’ of Sunwater. produced the top selling jazz album, The Compensation, South Bank Corporation, Naked Dance, which is still in catalogue Queensland Investment Corporation, Jane holds a Bachelor of Science in the USA. He has also undertaken three Government Superannuation and a Master of Science in Business further studies in accountancy, law and boards (Chairman) and Q-Invest Administration from Boston University business and has established and owned Ltd (Chairman). He also served as and is a graduate of the National a successful major art gallery, Regency Government Statistician for fi ve years. Institute of Dramatic Art (NIDA). Jane Galleries and auction house, Queensland has also worked with the Melbourne Fine Arts. Presently, Henry Smerdon is Deputy Theatre Company and gained extensive Chancellor of Griffi th University, a experience in project analysis, policy His past and present appointments member of the Public Trust Offi ce development and economic research include Chairman of listed media Investment Board and the Motor Accident while working in Rome for the company, Media Asia Pacifi c Limited, Insurance Commission Advisory Board United Nation’s Food and Agriculture publisher and founder of TraveLeisure and Chairman of Brisbane Cruise Wharf Organisation and World Food Council. Magazine and Steering Committee Chair Pty Ltd, Hyperion Flagship Investments She has participated in international for the Queensland House with No Steps and the Currumbin Wildlife Sanctuary United Nations missions and conferences Building for Tomorrow Appeal. Advisory Board. He also operates his in Africa, Asia and Europe. own consultancy business, Strategic and Financial Consulting Services.
The Phantom of the Opera. Photographer Jeff Busby.
28 29 Simon Gallaher The Way To The Forum toured Australia Paul Piticco 2008 is proving to be an equally busy and Rhonda White Leigh Tabrett Member and New Zealand. Essgee has recently Member exciting year for Paul with Dew Process Member PSM BA(Hons) presented a new version of The Mikado, Recordings releasing the eagerly awaited State Government Simon Gallaher is the which played for an exclusive Brisbane- Since their inception sophomore album from The Grates, Rhonda White Representative principal of Essgee only season at QPAC. in 1990, Paul Piticco Teeth Lost, Heart Won and the highly is co-founder of Entertainment has managed the anticipated album from The Living End, the Terry White In March 2005, Leigh and its associated Simon marked 25 years in show business career of multi- White Noise. He has also added a further Chemists Group of Tabrett PSM was companies. Known by returning to the concert platform in platinum, multi-award dimension to the Dew Process Label with pharmacies and appointed Deputy to Australian 2000. The following year saw Pirates winning Brisbane the creation of a publishing arm that is Managing Director, Director-General, audiences as a music return for a national tour lasting nearly act, Powderfi nger. already working closely with a handful White Retail Group Arts Queensland. theatre star, television star, concert three years. In 2004, Simon produced Powderfi nger have since sold in excess of of Australian artists building on the solid Pty Ltd. Rhonda is also a fellow of the In this role, she is responsible for performer, singer, musician, pianist and the new Australian musical EUREKA, 2 million albums in Australia alone. foundations and achievements of the Australian Institute of Management. She arts and cultural policy, arts funding, songwriter, Simon brings a lifetime of which opened in Melbourne to much now well-established recording label. is a pharmacist and an organisational capital programs and relationships with experience to the business of theatrical critical acclaim. In 2007, Essgee launched Forming Secret Service Artist psychologist and consults to the retail statutory authorities and other arts production. Showstoppers an immensely successful Management in the late 1990s, Paul industry and currently owns and operates organisations. initiative for young up-coming performers continues to nurture the careers of artists Jim Raptis OBE a number of pharmacies throughout At the age of 15, Simon hosted a Brisbane offering a series of music-theatre and bands alike – currently monitoring Member Australia. Prior to taking up this role, she was children’s television show. He studied workshops using the cream of Australian the solo career of Powderfi nger frontman, Assistant Director-General (Education) a Bachelor of Music at the Queensland Bernard Fanning and fellow Brisbanians, Jim Raptis is Rhonda has served on a number of with responsibility for international, non- show business talent as tutors and Chairman and Conservatorium of Music and staged mentors. The Grates. boards including the Energex Retail state and higher education. and starred in his fi rst professional Managing Director Board, the Ergon Energy Board, the Leigh has served on numerous national concert before he was 20. Simon became In addition to artist management, Paul of Raptis Group Australian College of Natural Medicine higher education advisory bodies and a regular on Australian television’s Helene George is Director of Dew Process Recordings, Limited, the Advisory Board, the Nudgee College boards. immensely popular The Mike Walsh Show Member a label he created in 2001, based in longest established Foundation Board and the Terry White and his career took off as audiences Brisbane. Dew Process has a stable of development Chemists Board and she was Foundation Helene George is incredibly successful Australian artists, company on the Gold Coast. fl ocked to his concerts and quickly sent Company Director of Chairman of the Queensland Cancer Fund fi ve albums Gold. including gold selling The Grates and Volunteers Committee. Creative Economy, Sarah Blasko and fi ve times platinum Jim fi rst entered the building/ He became the youngest entertainer ever a company selling Bernard Fanning, in addition development business in Sydney in 1967, Rhonda was awarded the Leading Women to be given his own night-time television internationally to releasing the music of international moving to the Gold Coast in 1973. Entrepreneurs of the World International variety show which ran for two successful recognised for artists for distribution in Australia and Award in 2000, the National Business creative business Since its inception, the multi-award seasons on ABC TV. By age 23, Simon was New Zealand. winning development group has become Bulletin – Business Star of the Year in at the top of the Australian entertainment development. Helene was a keynote 2000, the Pharmacy Guild Distinguished speaker at the First International Cultural Paul is also heavily involved in the live known for its innovative and distinctive scene winning many awards and designs. Adding value to the surrounding Service Award for services to the accolades including three Mo-Variety and Creative Industries Forum in Beijing, music arena through his annual arts pharmacy industry in Australia in 2004 a member of the Prime Minister’s Working and music festival, Splendour in the community is at the heart of the Raptis Awards, twice voted Queensland’s Group’s philosophy for all current and is a recipient of the 2006 Pharmacy Entertainer of the Year, a Logie Award, a Party for Creativity in the Innovation Grass and tour promotion business, Practice Foundation Medal of Excellence. Economy and developed Australia’s Secret Sounds (both are co-promoted and future projects, as is its belief in Queenslander of the Year Commendation corporate responsibility. Jim and the and an Advance Australia Award. fi rst Creative Industries Strategy for the by booking agency, Village Sounds). Brisbane City Council. Secret Sounds has brought such high Raptis Group are strong advocates and In 1984 he made the transition to the profi le acts to Australia as Coldplay, Brian supporters of the arts, education and stage in the Australian production of Helene has over 15 years experience in Wilson, Sonic Youth, Yeah Yeah Yeahs, numerous charitable causes. management and consulting throughout the Broadway smash hit The Pirates of Ryan Adams, Queens of the Stone Age, For his services to the building Industry, Penzance. He also performed in Hello, Australia. She has worked as a manager Doves and PJ Harvey. Splendour in the of creative companies and facilities, Jim was awarded the Order of the British Dolly!, The Student Prince, My Fair Lady, Grass has increased in success, profi le Empire in 1989. The Mikado, HMS Pinafore and The Merry export trade representative and as an and capacity since the inaugural event in Widow. executive in local government. In addition 2001. Jim has, for more than 30 years, also been to successfully managing her own actively involved within the leadership By 1992, Simon’s production company business for over a decade, she has been Paul was also invited by Brisbane of the Greek Community, as well as other was a major concert presenter and engaged as a business development Powerhouse to curate and stage a live community initiatives on the Gold Coast. has co-presented attractions with the consultant and policy adviser by both music event as part of the multi-million In March 2004, Jim was appointed Hon. Sydney Opera House, The Victorian Arts government and the private sector. dollar re-launch of the venue in June Consul for Greece in Queensland. Centre, The Adelaide Festival Centre and 2007, resulting in the sold-out PAUHAUS: QPAC. In 1994 he created a new stage Most recently, she was honoured with A Festival of Contemporary Music. production of The Pirates of Penzance. It a Leadership Award at the 2007 Future received a triple-platinum video and an Leadership Summit by Australia’s In 2007, Paul co-promoted Across The Aria Award for Best Musical Soundtrack. pre-eminent leadership organisation, Great Divide – a live tour of Australia and New productions of The Mikado and HMS AusDavos. New Zealand headlined by Powderfi nger Pinafore followed. The musicals toured and Silverchair. The tour proved to be internationally and Essgee’s television the largest tour of its kind for Australian productions are screened across the audiences – travelling to 34 metropolitan world. and regional centres in a little under two months and reaching an audience of Essgee produced a new and lavish 350,000. Across The Great Divide was a production of The Merry Widow, which carbon-neutral event, and was presented toured nationally in 1998-1999. The by reconcile.org.au in an effort to acclaimed Tony Award-winning, play reduce the 17 year gap in life expectancy Master Class followed as an outstanding between Indigenous and non-Indigenous triumph and a new production of Stephen Australians. Sondheim’s A Funny Thing Happened On
30 31 17 – 31 July 25 August JULY You Can’t Sit Down From Beatles to Bacharach & SEPTEMBER LYRIC THEATRE QPAC Beyond LYRIC THEATRE Queensland Pops Orchestra 7 July CASCADE COURT 1 – 15 September Queen: It’s a Kinda Magic 3 – 6 July 28 – 29 August Miss Saigon Showtime Presents Pty Ltd Bonyi Free Lunchtime Concert Constructions – Middle School Miss Saigon Australia Pty Ltd QPAC Concerts 22 – 31 July The Queensland Orchestra/QPAC CONCERT HALL Miss Saigon 14 July PLAYHOUSE 7 & 8 September Miss Saigon Australia Pty Ltd Grand Bal Populaire Beethoven’s Pastoral Symphony CONCERT HALL QPAC 3 – 5 August The Queensland Orchestra STUDIOS International Gala 1 July Queensland Ballet 10 September Opening Ceremony 22 – 29 July Vivaldi, Violin, Velocity Bonyi International Youth Music NIDA Youth Actors Studio 10 – 12 August The Australian Brandenburg Festival Workshops 2007 Alice in Wonderland Orchestra Queensland Ballet 2 July National Institute of Dramatic Art 15 September Hope 25 – 26 July 17 – 18 August A Wagner Spectacular Australian Chamber Orchestra TaikOz: Pearl Workshop David Campbell: The Swing The Queensland Orchestra QPAC/Musica Viva Sessions 3 – 5 July Nightowl Entertainment Aust. 16 September OTHER VENUES Schools Concerts Pty Ltd Suites & Symphony Bonyi International Youth Music 1 July QPAC/University of Queensland 22 – 31 August Festival NIDA Actors Workshops School of Music Ying Tong: A Walk with the Goons National Institute of Dramatic Art 6 July Queensland Theatre Company 17 September Carmina Burana 31 July Adventurous CREMORNE THEATRE Bonyi International Youth Music fRETfEST – Arts Law Workshops Australian Chamber Orchestra Festival QPAC 1 – 11 August 18 – 27 September 18 July The Glass Menagerie September Graduations Keystone State Boychoir of Queensland Theatre Company Queensland University of Philadelphia AUGUST 21 – 25 August Technology National Institute of Youth LYRIC THEATRE Krishnan’s Dairy 19 September Performing Arts QPAC/Indian Ink International 1 – 31 August Paul Kelly in Concert 21 July Miss Saigon TONY GOULD GALLERY Trusay Pty Ltd Australia Post Sales Rally Miss Saigon Australia Pty Ltd 1 – 31 August 21 September 27 July CONCERT HALL You Can’t Sit Down Kate Ceberano Nine Lime Avenue TaikOz: Pearl QPAC Andrew McManus Presents P/L QPAC/Musica Viva Australia 4 August Pictures at an Exhibition CASCADE COURT 29 September 28 July The Queensland Orchestra 4 – 18 August The Laughing Samoans Off Work Queensland Music Festival African The Laughing Samoans Ltd 9 August Find of the Year 2007 Children’s Choir with Queensland fRETfEST/QPAC 30 September Youth Symphony A Night On Broadway 12 – 31 August Rhapsody in Blue Queensland Music Festival and with John Frost Sunday Jazz The Queensland Orchestra BHP Billiton QPAC QPAC PLAYHOUSE PLAYHOUSE 10 August James Morrison STUDIOS 1 – 8 September 13 – 18 July 4-D International Pty Ltd 5 – 26 August Ying Tong: A Walk with the Goons The Love of the Nightingale NIDA Youth Actors Studio Queensland Theatre Company The UWA Perth International Arts 17 August Workshops 2007 12 – 22 September Festival, West Australian Opera/ Broad National Institute of Dramatic Art Women in Voice 16 Queensland Music Festival/Opera Maiden Australia Productions/ QPAC in association with Queensland/QPAC/Victorian QPAC OTHER VENUES Queensland Folk Federation Inc. & Opera 18 August 8 August Annie Peterson 21 July Bruch Violin Concerto fRETfEST – APRA Workshops 28 – 30 September POST Show Concert The Queensland Orchestra QPAC …with attitude QPAC 19 August 28 August Queensland Ballet CREMORNE THEATRE A Sea Symphony fRETfEST – Arts Law Workshops QPAC in association with QPAC CREMORNE THEATRE 9 – 31 July Queensland Youth Orchestra/ 11 – 15 September The Glass Menagerie Queensland Conservatorium Stand Up Benny Straight Queensland Theatre Company Griffi th University/Brisbane Kooemba Jdarra Indigenous TONY GOULD GALLERY Chorale Performing Arts 1 – 7 July 20 August After the Wave The Phantom of the Opera Launch QPAC Really Useful Company
Miss Saigon produced by Michael Coppel, Louise Withers and Linda Bewick. Performer Leo Tavarro Valdez and Company. Photographer Sim & Choi. 32 33 TONY GOULD GALLERY 5 October 4 October 9 November 29 November 4 – 25 November 19 December 14 – 18 January 1 – 30 September Launch of 2008 Season Launch of 2008 Season Australian Liberal Party Launch Night of Celebration NIDA Youth Actors Studio NIDA Actors Studio Showcase Performance and Magic Making You Can’t Sit Down The Queensland Orchestra Queensland Ballet Harrow Communications Forest Lake College Workshops 2007 2007 Workshops 5–8yrs QPAC 5 October 11 – 20 October 27 November PLAYHOUSE National Institute of Dramatic Art National Institute of Dramatic Art QPAC CASCADE COURT Clive James The Government Inspector Zappa Plays Zappa 2 & 3 November 19 November TONY GOULD GALLERY 14 – 18 January Jon Nicholls Production Bell Shakespeare Company/QPAC Blue Murder Touring Pty Ltd Remix Collective Film Launch Performance and Magic Making 1 – 9 September Ballet to Broadway 1 – 31 December QPAC Workshops 9–13yrs Sunday Jazz 6 & 7 October 23 – 28 October 29 November Ashgrove Dance Studio Beyond: The Art of Terry Summers QPAC QPAC Josh Groban David Strassman: Get Chuck’d! Dionne Warwick 7 November 24 November QPAC Dainty Consolidated Rockcity Event Marketing QPAC/BlueHawk Presents NIDA Auditions 14 – 18 January 1 – 29 September Damien Leith CASCADE COURT Entertainment National Institute of Dramatic Art Ukulele You Workshop 5–8yrs Find of the Year 2007 CREMORNE THEATRE CONCERT HALL The Harbour Agency 7 December QPAC fRETfEST/QPAC 10 October 1 – 31 October 1 November 9 – 11 November Courtyard Music Kawai Keyboard Series – Eastern 14 – 18 January 28 September Who’s Afraid of Virginia Woolf? Josh Pike Talking Heads DECEMBER QPAC Impressions Ukulele You Workshop 9–13yrs Hearamusohaveadrink Queensland Theatre Company Select Music Andrew Kay & Associates/ STUDIOS QPAC in association with Tinderbox Productions/Duncan LYRIC THEATRE QPAC QPAC TONY GOULD GALLERY 2 November 2 – 16 December Queensland Conservatorium C Weldon/Paul Elliott/HVK/QPAC 1 December GRASS PLAZA 1 – 27 October CSTD in Concert 2007 NIDA Youth Actors Studio Griffi th University Let It Be You Can’t Sit Down Commonwealth Society of 12 November Workshops 2007 FEBRUARY 22 September 13 October Quentron Pty Ltd QPAC Teachers of Dancing Australian Labor Party Launch National Institute of Dramatic Art Front Yard Music – The Karuna Army in Concert 2007 LYRIC THEATRE 3 November ALP National Secretariat 4 & 5 December Concert The Legacy Fund of Brisbane CASCADE COURT Bjorn Again 16 November Santa’s Great Big Wonderful 6 – 29 February QPAC 5 – 26 October 14 October Premier Artists Roger Steffens’ The Life of Bob Christmas Show JANUARY The Phantom of the Opera STUDIOS Hearamusohaveadrink International Battle of Talent Marley Andrew Kay & Associates Really Useful Company QPAC 4 November CONCERT HALL 2 – 16 September Friends of Australasian Youth QPAC/Jaslyn Hall 5 December CONCERT HALL They’re Playing Your Tune 11 January NIDA Youth Actors Studio Association Inc 6 – 27 October Not the Messiah The Queensland Orchestra 17 November The Other Woman – James 2 & 3 February Workshops 2007 16 & 17 October Find of the Year 2007 HVK Productions Pty Ltd 5 November Find of the Year 2007 – Nigel Kennedy and the Sydney National Institute of Dramatic Art Zoo-ology – Primary School fRETfEST/QPAC Morrison and Deni Hines Indigo Girls Grand Final Concert 6 – 9 December The Harbour Agency Symphony 3 – 17 September Concerts GRASS PLAZA Adrian Bohm Presents Pty Ltd fRETfEST/QPAC Spicks and Speck-tacular Sydney Symphony/QPAC QPAC/The Queensland Orchestra 18 January Altogether Now Workshops 20 October Token Events Pty Ltd 8 November 19 November The Winner’s Journey 5 – 19 February QPAC 20 October Front Yard Music – Alt Country Presentation Night David Strassman: Get Chuck’d! 14 – 22 December The Harbour Agency Graduations 4 – 18 September Swing Swing Swing QPAC Iona College Rockcity Event Marketing The Nutcracker Queensland University of Queensland Pops Orchestra PLAYHOUSE 2Hot2Dance Workshops STUDIOS Queensland Ballet/QPAC Technology 9 November 23 & 24 November QPAC 22 October 16 – 19 January 1 – 10 October Last Night of the Proms The Topp Twins Recovery Tour CONCERT HALL 11 February 13 September Celebration of Excellence Evening The Sleeping Princess 2Hot2Dance Workshops The Queensland Orchestra QPAC Vital All Hallows School 1 December Ballet Theatre of Queensland KITE Yonder Presentation QPAC Australian Chamber Orchestra 10 November 29 – 30 November Handel’s Messiah QPAC 23 October CREMORNE THEATRE 1 – 31 October Spring Celebrity Concert Series Berlin The Queensland Orchestra 17 February OTHER VENUES The Choir of Westminster Abbey 12 January Altogether Now Workshops National Institute of Youth Sydney Dance Company/QPAC 7 & 8 December PJ Harvey Musica Viva Australia One Flew Over the Cuckoo’s Nest 3 – 5 September QPAC Performing Arts Australia CREMORNE THEATRE Spirit of Christmas 2007 Frontier Touring Company fRETfEST – APRA Workshops 24 October Jally Productions 6 – 13 October 12 November 1 – 3 November QPAC 23 February QPAC Kawai Keyboard Series – From the CSTD Dance Examinations Annual Award Night Who’s Afraid of Virginia Woolf CASCADE COURT Mahler’s Third Symphony Bellows Came an Angel 12 December 24 – 30 September Commonwealth Society of St Aidan’s Anglican Girls School Queensland Theatre Company 14 – 19 January The Queensland Orchestra QPAC in association with Graduation Actors Workshops Teachers of Dancing Lunchtime Concerts – Summer Queensland Conservatorium 13 November 12 – 30 November Metropolitan South Institute of PLAYHOUSE National Institute of Dramatic Art Holiday Programme 2008 Griffi th University 22 – 27 October Speech Night Heroes TAFE 23 February 25 September Boat St Margaret’s Anglican Girls Queensland Theatre Company QPAC 25 October 18 & 19 December deep blue – the orchestra fRETfEST – Arts Law Workshops Kite Arts Education Program at School 19 January Darren Hayes: The Time Machine TONY GOULD GALLERY Graduations re-imagined QPAC QPAC Queensland University of Kids Art Markets 5–8yrs Creative Media Warehouse/QPAC The Harbour Agency 14 November 6 – 30 November 28 October Speech Night 2007 Technology QPAC 26 October Beyond: The Art of Terry Summers CREMORNE THEATRE NIDA Youth Actors Studio Brisbane Grammar School 19 January OCTOBER The Planets QPAC 31 December 11 – 29 February Workshops 2007 New Year’s Eve Spectacular Kids Art Markets 9–13yrs The Queensland Orchestra 15 November CASCADE COURT The Female of the Species LYRIC THEATRE National Institute of Dramatic Art QPAC Annual Speech Night Queensland Pops Orchestra Queensland Theatre Company 27 October 2 – 16 November 13 – 27 October OTHER VENUES Somerville House PLAYHOUSE TONY GOULD GALLERY 2007 Finale Concert Hearamusohaveadrink TONY GOULD GALLERY Nabucco 3 October Queensland Youth Orchestra 16 November QPAC 1 – 8 December 1 – 31 January Opera Queensland 1 – 29 February fRETfEST – APRA Workshops Speech Night Berlin Beyond: The Art of Terry Summers 30 October 3 – 10 November Beyond: The Art of Terry Summers 30 – 31 October QPAC Brisbane Boys College Sydney Dance Company/QPAC QPAC Annual Thanksgiving Dinner Find of the Year 2007 QPAC Men in Tutus St Rita’s College 17 November fRETfEST/QPAC 12 – 15 December OTHER VENUES Hutchinson Entertainment Group CASCADE COURT Brett Dean Returns Doch and the Great Siberian 31 October NOVEMBER GRASS PLAZA 14 – 18 January CONCERT HALL The Queensland Orchestra 8 – 29 February Annual Speech Night Circus Kids Art Markets 5–8yrs LYRIC THEATRE 17 November Jazz Fridays 3 October Clayfi eld College 19 November QPAC QPAC Front Yard Music – Dub Dub Dub QPAC Kawai Keyboard Series – 3 November Rapture CREMORNE THEATRE PLAYHOUSE QPAC 14 – 18 January Star Spangled Syncopation Beyond the Darkside 10 February Australian Chamber Orchestra 1 – 15 December Kids Art Markets 9–13yrs 1 – 6 October STUDIOS Dutch Forest Jazz Band QPAC in association with Darkside Trading Pty Ltd 23 & 24 November QPAC …with attitude Heroes QPAC Queensland Conservatorium 7 November The Whitlams 1 – 5 November Queensland Ballet Queensland Theatre Company Griffi th University Gala Flamenca The Queensland Orchestra Altogether Now Workshops HVK Productions Pty Ltd QPAC
34 35 23 February 31 March 28 & 29 April 3 May STUDIOS 12 June CASCADE COURT 10 – 15 June Nights Outside The Prisoner of Second Avenue kd lang Karin Schaupp Returns 4 – 25 May Out of the Box 2008: Parent’s 6 - 13 June Out of the Box 2008: Kindness QPAC Queensland Theatre Company Dainty Consolidated The Queensland Orchestra NIDA Youth Actors Studio Night Out Jazz Fridays QPAC STUDIOS CREMORNE THEATRE Entertainment 6 & 7 May Workshops 2008 QPAC QPAC 11 – 13 June 3 – 24 February 1 – 15 March PLAYHOUSE Soweto Gospel Choir African Spirit National Institute of Dramatic Art 12 – 15 June 10 – 15 June Out of the Box 2008: Sing With Me NIDA Youth Actors Studio The Female of the Species 1 – 19 April HVK Productions Pty Ltd OTHER VENUES Out of the Box 2008: Sounds of Out of the Box 2008: The Island QPAC/Griffi th University the Sea Queensland Conservatorium Workshops 2008 Queensland Theatre Company The Prisoner of Second Avenue 10 May 25 May QPAC QPAC/Coco’s Lunch National Institute of Dramatic Art 31 March Queensland Theatre Company Autumn Concert Series 2008 Foyer Performance 17 – 29 June 12 – 15 June Matilda Awards 2008 23 – 31 April National Institute of Youth 4MBS Classic FM/QPAC 17 – 22 June In Stitches Outside Out of the Box 2008: Making Performing Arts Australia Jimeoin Music QPAC Keating! 28 May QPAC MARCH A List Entertainment QPAC/Griffi th University TONY GOULD GALLERY Company B Ltd 12 – 14 May The Mikado Groups Launch STUDIOS LYRIC THEATRE Ross Noble 17 – 22 June Queensland Conservatorium 1 – 31 March CREMORNE THEATRE QPAC 1 – 22 June A List Entertainment Puppetry of the Penis 23 – 24 June 1 – 31 March Beyond: The Art of Terry Summers 4 – 13 April NIDA Youth Actors Studio A List Entertainment PASIG Conference The Phantom of the Opera QPAC One Man Star Wars 17 May JUNE Workshops 2008 Really Useful Company Pride of the Celts 24 June QPAC CASCADE COURT Tim Woods Entertainment National Institute of Dramatic Art CONCERT HALL Queensland Pops Orchestra LYRIC THEATRE Julia Morris 7 – 28 March 15 – 19 April 6 – 9 June 21 May A List Entertainment 1 March Jazz Fridays Refl ections: Referendum 40 Years 10 – 15 June Frank Theatre Workshops Barker, Coleman-Wright and Lane 25 & 26 June One Enchanted Evening QPAC and to the Future Out of the Box 2008: Gondwana QPAC Queensland Pops Orchestra Aboriginal Centre for the Music Viva Australia QPAC Ahn Do 15 March 10 – 15 June Performing Arts/Bungabura 23 May A List Entertainment 2 March Front Yard Music 18 – 22 June Out of the Box 2008: Move It! Productions/QPAC Mahler’s Titan 25 – 29 June Tchaikovsky and Friends QPAC Matthew Bourne’s Edward QPAC The Queensland Orchestra 28 – 30 April The Queensland Orchestra Scissorhands Akmal Saleh 29 March 10 – 15 June Rabbit Hole 25 May QPAC/New Adventures/Martin A List Entertainment 3 March Nights Outside Out of the Box 2008: Boat Queensland Theatre Company The Brilliance of Beethoven McCallum & Marc Platt 27 – 29 June Sublime QPAC Kite Arts Education Programme The Umbilical Brothers Australian Chamber Orchestra TONY GOULD GALLERY 4MBS Classic FM/QPAC 25 – 28 June at QPAC STUDIOS A List Entertainment 5 & 6 March 1 – 19 April 25 May The Chaser’s Age of Terror Variety 12 – 13 June 2 – 30 March Cyndi Lauper Beyond: The Art of Terry Summers The Mighty Choral Symphony Hour CREMORNE THEATRE Out of the Box 2008: Child NIDA Youth Actors Studio Mellen Events Pty Ltd QPAC 4MBS Classic FM/QPAC Chaser Publishing Pty Ltd 10 – 15 June Friendly Cities Symposium Workshops 2008 25 May CONCERT HALL Out of the Box 2008: Funny Voices QPAC/Museum of Brisbane/ 7 & 8 March National Institute of Dramatic Art CASCADE COURT Beethoven and Bartok Queensland Theatre Company/ Griffi th University/Arts David Campbell 4 – 18 April 1 June OTHER VENUES University of Queensland/QPAC QPAC Queensland The Harbour Agency Jazz Fridays 1001 Nights 26 & 28 March 10 March QPAC 30 & 31 May The Queensland Orchestra 17 – 22 June 18 – 28 June Workshops Creative Generation 2008 Raymond Crowe Mutha of All Divas Out of the Box 2008: Teacher’s 19 April 2 June The Mango House of Arts Department of Education Training A List Entertainment The Mango House/QPAC Launch Front Yard Music My Fair Lady Launch and the Arts QPAC/Out of the Box QPAC QPAC 17 – 22 June OTHER VENUES PLAYHOUSE Fiona O’Loughlin 12 March APRIL 26 April 6 June 10 – 14 June Russian Romance – Secondary 1 – 10 May Paco Peña Flamenco Dance A List Entertainment Out of the Box 2008: Music Play LYRIC THEATRE Nights Outside Showcase QPAC Keating! Company: A Compás! To the 24 June QPAC/Griffi th University The Queensland Orchestra/QPAC 1 – 27 April Company B Ltd Rhythm The Young Guns of Comedy Queensland Conservatorium The Phantom of the Opera STUDIOS 13 March 29 – 31 May HVK Productions Pty Ltd A List Entertainment 10 – 15 June Really Useful Company 2 – 11 April John Williams & John Etheridge: Mathinna 7 June 24 – 29 June Out of the Box 2008: Animated Workshops Together and Solo CONCERT HALL QPAC/Bangarra Dance Theatre Shostakovich 5 Scared Weird Little Guys QPAC The Mango House of Arts QPAC 5 April CREMORNE THEATRE Queensland Youth Orchestras A List Entertainment 10 – 15 June 3 – 6 April 14 March Mahler 1 11 – 14 June 25 – 28 June Out of the Box 2008: Books and Frank Theatre Summer Workshops 1 – 31 May Guy Sebastian Queensland Youth Orchestras Out of the Box 2008: The Little The Kransky Sisters Writers QPAC Rabbit Hole The Harbour Agency 11 & 12 April Queensland Theatre Company Mermaid QPAC QPAC 6 April 18 March Rogé Plays Saint-Saëns The Queensland Orchestra/QPAC 27 – 29 June 10 – 15 June NIDA Youth Actors Studio CASCADE COURT Olodum Afro Brazilian The Queensland Orchestra 18 June Cal Wilson Out of the Box 2008: My Style Workshops 2008 2 – 30 May Lima Family Trust The Anoushka Shankar Project A List Entertainment QPAC 18 April National Institute of Dramatic Art Jazz Fridays QPAC 29 March Paul Potts QPAC TONY GOULD GALLERY 10 – 15 June Maestro Fritzsch Gala Dainty Consolidated 20 & 21 June Out of the Box 2008: Red Earth, 17 May 10 – 15 June The Queensland Orchestra Entertainment MAY Berman Plays Brahms Blue Water Front Yard Music Out of the Box 2008: What Does 19 April The Queensland Orchestra QPAC/Jagera Jarjum PLAYHOUSE LYRIC THEATRE QPAC Red Do On Thursday? Graduations 2008 27 June QPAC/Thalias Kompagnons 10 – 15 June 1 – 15 March 17 – 31 May 24 May Australian College of Natural Sounds of Light Out of the Box 2008: Chill Out A Midsummer Night’s Dream The Barber of Seville Nights Outside 24 – 30 June Medicine Human Appeal International – QPAC Queensland Ballet Opera Queensland QPAC Kicking Up Dust: From Grass 20 April Australia 19 & 20 March Roots to Centre Stage 10 – 15 June Around the World in 80 Minutes CONCERT HALL 25 May Flamenco Fire Sol de Otoño PLAYHOUSE QPAC Out of the Box 2008: The Writing The Queensland Orchestra 2 May Cascade Court Performance Red Chair/QPAC 1 – 7 June Post Jason Alexander 4MBS Classic FM/QPAC Mathinna QPAC A List Entertainment QPAC/Bangarra Dance Theatre
36 37 Sundry Infrastructure 4%
Operating Grant 15%
Arts Programming Operating Grant 3%
Arts Programming 8%
Commercial 70%
FINANCIAL STATEMENTS
OPERATING REVENUE Year ended 30 June 2008 Year ended 30 June 2007
Sundry Infrastructure 4% Arts Programming 9%
Operating Grant 15% Operating Grant 19% Arts Programming Operating Grant 3%
Arts Programming 8% Sundry Infrastructure 5%
Commercial 55% Commercial 70%
Commercial 67% Infrastructure 29%
Excludes Facilities Maintenance
Arts Programming 16%
Arts Programming 9%
Operating Grant 19% OPERATING EXPENDITURE Year ended 30 June 2008 Year ended 30 June 2007
Sundry Infrastructure 5% Commercial 55% Commercial 55%
InfrastructureCommercial 29% 67% Infrastructure 27%
Arts Programming 17% Arts Programming 16%
Excludes Facilities Maintenance
Commercial 55%
NightsInfrastructure Outside. 27%
38 39
Arts Programming 17% QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
INCOME STATEMENT BALANCE SHEET At 30 June 2008 At 30 June 2008
2008 2007 2008 2007 Notes $’000 $’000 Notes $’000 $’000
Income ASSETS Revenue Current assets Revenues from service activities 8, 9a 23,057 16,898 Cash and cash equivalents 10 9,302 6,628 Grants and other contributions 8,9a 10,048 8,447 Receivables 11 4,264 4,617 Other revenue 8,9a 2,473 1,370 Inventories 12 129 148 Other 13 24 105 Gains Total current assets 13,719 11,498 Gain on sale of property plant and equipment 8, 9a – 77 Non-current assets Total income 35,578 26,792 Intangible assets 14 97 174 Property, plant, equipment 15 7,862 7,979 Expenses Total non-current assets 7,959 8,153 Employee expenses 8,9c 16,582 12,987 Supplies and services 8, 9b 16,370 12,895 TOTAL ASSETS 21,678 19,651 Depreciation and amortisation 8,9b 685 803 LIABILITIES Other expenses 9b 164 260 Current Liabilities Payables 16 2,742 2,470 Total expenses 33,801 26,945 Accrued employee benefi ts 17 719 635 Other current liabilities 18 304 410 Operating Surplus / (Defi cit) 8 1,777 (153) Total current liabilities 3,765 3,515
TOTAL LIABILITIES 3,765 3,515
NET ASSETS 17,913 16,136
EQUITY
Contributed equity 1,033 1,033 Accumulated surplus 3,752 3,946 Reserves – Asset revaluation 20 3,174 3,174 – Building development 2,000 2,000 – Equipment replacement 2,000 2,000 – General 2,954 983 – Commercial development 3,000 3,000
TOTAL EQUITY 17,913 16,136
The accompanying notes form part of these fi nancial statements. The accompanying notes form part of these fi nancial statements.
40 41 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
CASH FLOW STATEMENT STATEMENT OF CHANGES IN EQUITY For the Year Ended 30 June 2008 For the Year Ended 30 June 2008
2008 2007 Asset Revaluation Other Reserves Contributed Equity Retained Surplus Notes $’000 $’000 2008 2007 2008 2007 2008 2007 2008 2007
Cash Flows from Operating Activities Balance 1 July 3,946 3,994 3,174 3,174 7,983 8,088 1,033 1,033 Receipts Operating surplus / (defi cit) 1,777 (153) – – – – – – Revenues from service activities 22,755 16,030 Grants and other contributions 10,048 8,446 Non - Owner changes in equity: Interest 1,178 924 – Increase in asset revaluation reserve – – – – – – – – GST input tax credits received 2,115 1,591 Other revenues 470 447 Transfers between reserves (1,971) 105 – – 1,971 (105) – –
Payments Employee expenses 16,498 13,134 Balance 30 June 3,752 3,946 3,174 3,174 9,954 7,983 1,033 1,033 Supplies and services 16,720 13,863
GST paid to ATO 1,543 1,206
Net cash provided by/(used in) operating activities 19b 1,805 (765)
Cash Flows from Investing Activities
Proceeds from sale of plant and equipment 7 97 Payments for plant and equipment (513) (775) Loan repaid / (issued) 1,100 (733) Investment income 275 –
Net cash provided by/(used in) investing activities 869 (1,411)
Net movement in cash 2,674 (2,176)
Cash at the beginning of fi nancial year 6,628 8,804
Cash at the end of fi nancial year 19a 9,302 6,628
The accompanying notes form part of these fi nancial statements. The accompanying notes form part of these fi nancial statements.
42 43 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 1 Objectives and Principal Activities of the Trust Note 2 Signifi cant Accounting Policies (Continued) The objectives of the Trust are to produce, present, and manage the performing arts in the Queensland (c) Recognition and measurement of property, plant and equipment Performing Arts Centre, and elsewhere, as well as to promote and encourage either directly or indirectly the Acquisition knowledge, understanding, appreciation, enjoyment of and participation in the performing arts. The purchase method of accounting is used for all acquisitions of assets, being the fair value of the assets The Trust is partly funded for the outputs it delivers by Parliamentary appropriations. It also provides services provided as consideration at the date of acquisition plus any incidental costs attributable to the acquisition. on a fee for service basis including: venue rental, production crewing services, ticket sales, marketing services and equipment hire. Recognition thresholds Items of property, plant and equipment with a cost or other value equal to or in excess of the following thresholds are capitalised in the year of acquisition. All other items are expensed in the year of acquisition: Note 2 Signifi cant Accounting Policies – Buildings and Infrastructure $10,000 (a) Basis of Accounting – Land $1 General – Plant and equipment $5,000 These fi nancial statements have been prepared in accordance with Australian Equivalents to International Financial Reporting Standards (AEIFRS). – Heritage and cultural assets $5,000 The fi nancial statements comply with the Treasurer’s minimum reporting requirements for the year ended Revaluation 30 June 2008. Land, buildings, infrastructure, heritage and cultural assets are measured at fair value. All other assets are These fi nancial statements are a general purpose fi nancial report. measured at cost. This is in accordance with the Queensland Treasury’s Non-Current Asset Accounting Policies for the Public Sector. This fi nancial report has been prepared on an accrual and going concern basis with the exception of Trust Fund income and expenditure as detailed in note 5. Non-current physical assets measured at fair value are comprehensively revalued at least once every fi ve years with interim valuations, using appropriate indices, being otherwise performed on an annual basis where the The fi nancial report has also been prepared under the historical cost convention except for certain assets at change would be material to that class of assets. valuation (refer note 2 (c)). Only those assets, the total values of which are material, compared to the value of the class of assets to which Accounting policies they belong, are comprehensively revalued. As stated above these fi nancial statements have been prepared in accordance with AEIFRS. Separately identifi ed components of assets are measured on the same basis as the assets to which they relate. Comparative fi gures Where the assets are revalued, the revaluation increments are credited directly to the asset revaluation reserve Comparative fi gures and disclosures have been restated and amended to accord with the current year’s except to the extent that an increment reverses a prior year decrement for that class of asset that had been presentation and disclosure. recognised as an expense, in which case the increment is recognised as revenue up to the amount of the expense. Revaluation decrements are recognised as an expense except where prior increments are included in Classifi cation between current and non-current the asset revaluation reserve for that class of asset, in which case the decrement is taken to the reserve to the In the determination of whether an asset or liability is current or non-current, consideration is given to the time extent of the remaining increments. Within the same class of assets, revaluation increments and decrements when each asset or liability is expected to be realised or paid. The asset or liability is classifi ed as current if it is within the year are offset. expected to be turned over within the next twelve months. Repairs and maintenance Rounding Routine maintenance, repair costs and minor renewal costs are expensed as incurred. Where the repair relates Unless otherwise stated, amounts in the report have been rounded to the nearest thousand dollars. to the replacement of a component of an asset and the cost exceeds the capitalisation threshold the cost is capitalised and depreciated. Operating leases (b) Revenue Recognition Lease payments for operating leases are recognised as an expense in the years in which they are incurred as this Revenue is recognised when goods or services are delivered. refl ects the pattern of benefi ts derived by the Trust. Services acquired for no cost Finance leases The value of services received free of charge are recognised as revenue when received. The Trust has not entered into any fi nance leases. Grants and other contributions Grants, donations and gifts which are non-reciprocal in nature are recognised as revenue in the year in which the Trust receives them. Where grants are received that are reciprocal in nature, revenue is accrued over the term of the funding arrangements.
44 45 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 2 Signifi cant Accounting Policies (Continued) Note 2 Signifi cant Accounting Policies (Continued) (d) Depreciation and amortisation of property, plant and equipment (h) Receivables Land is not depreciated as it has an unlimited useful life. Trade debtors are recognised at the nominal amounts due at the time of sale or service delivery, with settlement being generally required within 30 days from the invoice date. Depreciation on buildings, infrastructure and equipment and motor vehicles, is calculated on a straight-line basis so as to write-off the net cost or revalued amount of each depreciable asset, less its estimated residual value, The collectability of receivables is assessed periodically with provision being made for doubtful debts. progressively over its estimated useful life to the Trust. Bad debts are written off in the period in which they are recognised. Capital work-in-progress is not depreciated until it reaches service delivery capacity.
Where assets have separately identifi able components, these components are assigned useful lives distinct (i) Inventories from the asset to which they relate. Any expenditure that increases the originally assessed capacity or service potential of an asset is capitalised and the new depreciable amount is depreciated over the remaining useful life. Inventories are valued at the lower of cost or net realisable value and are comprised of trading stock for the Trust’s gift shop and stock for the Trust’s catering operations. The depreciable amount of improvements to or on leasehold land is allocated progressively over the estimated useful lives of the improvements to the Trust or the unexpired period of the lease, whichever is shorter. Major depreciation rates used are listed below and are consistent with the prior year unless otherwise stated: (j) Other Financial Assets Buildings and leasehold improvements 4 to 20% Investments are measured at cost. Motor vehicles 20% Interest is recognised on an accrual basis. Plant and equipment 1 to 33% Concert Hall Grand Organ 2% (k) Payables Payables are recognised for amounts payable in the future for goods and services received, whether or not billed to the Trust. Creditors are generally unsecured, not subject to interest charges and are normally settled within (e) Intangibles 30 days of invoice receipt. All intangible assets with a cost or other value greater than $100,000 are recognised in the fi nancial statements, with items of a lesser value being expensed. Each intangible asset is amortised on a straight line basis over its estimated useful life to the Trust, less any anticipated residual value. Current amortisation rates are either 20% (l) Employee Benefi ts or 33.3%. Wages, salaries, annual leave and sick leave Wages, salaries and annual leave due but unpaid at reporting date are recognised in the Balance Sheet at the (f) Impairment of Non-Current Assets remuneration rates expected to apply at the time of settlement and include related on-costs such as payroll tax, workcover premiums, long service leave levy and employer superannuation contributions. All non-current physical and intangible assets are assessed for indicators of impairment on an annual basis. If an indicator of possible impairment exists the asset’s recoverable amount is determined. The recoverable amount Prior history indicates that on average, sick leave taken in each reporting period is less than the entitlement is determined as the higher of the asset’s fair value (net of selling costs) and the depreciated replacement cost. accrued. This is expected to recur in future periods. Accordingly it is unlikely that existing accumulated entitlements will be used by employees and no liability for unused sick leave entitlements is recognised. An impairment loss is immediately recognised in the income statement. If the asset in question is carried at a revalued amount then any impairment loss is fi rst offset against the asset revaluation reserve of the relevant As sick leave is non-vesting, an expense is recognised for sick leave as it is taken. asset class to the extent available. Long service leave If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised Under the State Government’s long service leave scheme a levy is made on the Trust to cover the expense. estimate of its recoverable amount, but only to the extent that the carrying amount does not exceed the carrying Amounts paid to employees for long service leave are claimed from the scheme as and when leave is taken. amount that would have been determined had no previous impairment loss been recognised for the asset. A reversal of an impairment loss is recognised as income, unless the asset is carried at a revalued amount, in No provision for long service leave is recognised in the fi nancial statements, the liability being held on a which case the reversal of the impairment loss in treated as a revaluation increase. whole-of-government basis and reported in the fi nancial report pursuant to AAS31 – Financial Reporting by Governments. Superannuation (g) Cash and Cash Equivalents Employees of Queensland Performing Arts Trust are members of QSuper. Contributions to employee For the purposes of the Balance Sheet and the Cash Flow Statement, cash assets include all cash and cheques superannuation plans are charged as an expense as the contributions are paid or become payable. receipted but not banked at 30 June as well as deposits at call with fi nancial institutions. It also includes liquid investments with short periods to maturity that are convertible readily to cash on hand, at the investor’s option For employees in QSuper, the Treasurer of Queensland, based on advice received from the State Actuary, and that are subject to a low risk of change in value. determines employer contributions for superannuation expenses. No liability is recognised for accruing superannuation benefi ts in these fi nancial statements, the liability being held on a whole-of-Government basis and reported in the whole of Government fi nancial report prepared pursuant to AAS 31 – Financial Reporting by Governments.
46 47 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 2 Signifi cant Accounting Policies (Continued) Note 2 Signifi cant Accounting Policies (Continued) (m) Taxation The activities of the Trust are exempt from Commonwealth taxation except for Fringe Benefi ts Tax (FBT) and (q) Insurance Goods and Services Tax (GST). As such, input tax credits receivable and GST payable from/to the Australian It is the Trust’s policy to insure against all potential liabilities or losses that would affect its normal operations. Taxation Offi ce are recognised and accrued.
(r) Judgements and assumptions (n) Financial Instruments The entity has made no judgements or assumptions which may cause a material adjustment to the carrying Recognition amount of assets and liabilities in the next reporting period. Financial assets and fi nancial liabilities are recognised in the Balance Sheet when the Trust becomes party to the contractual provisions of the fi nancial instrument. Note 3 Services and Assets Provided to the Trust Classifi cation Arts Queensland, through the Department of Education and The Arts, owns and maintains the Performing Arts Financial instruments are classifi ed and measured as follows : Centre premises on behalf of the State of Queensland. The Trust is provided with the use of the building and – Cash and cash equivalents – held at fair value through profi t and loss items of fi tout, including certain items of plant and equipment that are not performance related, by way of a service level agreement with the Corporate Administration Agency (CAA). While the State does not charge rent – Receivables – held at amortised cost on the premises occupied by the Trust, the Trust does make a contribution to the continued maintenance of the – Payables – held at amortised cost building. The Trust does not enter into transactions for speculative purposes, nor for hedging. Apart from cash and cash equivalents, the Trust holds no fi nancial assets classifi ed at fair value through profi t and loss. Note 4 Controlled Entity All disclosures relating to the measurement basis and fi nancial risk management of other fi nancial instruments No controlled entity was owned by the Trust for the reporting period, therefore consolidated accounts have not held by the Trust are included in note 23. been prepared.
(o) Reserves Note 5 Trust Fund Building Development Reserve A separate Trust Fund bank account is maintained to hold ticket sales monies until the completion of the This reserve has been established as the Trust is mindful of the need to undertake major building upgrades in performance or event when the funds are released to the promoter. As QPAT is only the custodian of these future years for areas such as catering facilities, entertaining by corporate sponsors and offi ce accommodation. moneys, they are not refl ected in the Financial Statements. Equipment Replacement Reserve Commission earned on the sale of tickets is included as Operating Revenue in the Financial Statements. Ticket sales for the year amounted to $45.888 million (2007 $29.740 million). The balance of this reserve represents funds held for future replacement of the Trust’s general equipment needs, including information technology and theatre production equipment. The level of this reserve as at 30 June 2008 Interest earned on the Trust monies held are included as Operating Revenue in the Financial Statements. The represents 26.8% of the total accumulated depreciation of the Trust’s property, plant and equipment. balance of monies invested at 30 June 2008 was $6.974 million (2007 $5.843 million). General Reserve The General Reserve provides for fl uctuations in working capital due to the volatile nature of the performing arts Note 6 Concessions Provided by the Trust industry. Rental concessions provided to Government subsidised cultural organisations, charitable organisations, Commercial Development Reserve Government Departments and educational institutions, amounted to $374,460 (2007 $475,198). These concessions are part of the advertised policy of the Trust in accordance with its objectives under the Queensland The Commercial Development Reserve is to offset the fi nancial risks associated with investments in co- Performing Arts Trust Act 1977. presentations with commercial organisations or strategic productions undertaken by the Trust on a commercial basis. Creative Projects Reserve Note 7 Segment Reporting The Creative Projects Reserve provides a funding mechanism for new creative initiatives that span fi nancial years The Trust operates predominantly in one industry to provide services to the arts industry. As the Trust does not (nil balance as at reporting date). perform operations in more than one industry, there is no requirement for segment disclosure in accordance with AAS16 Financial Reporting by Segments.
(p) Services Provided by External Parties free of charge The Trust was provided with the use of the Performing Arts Centre premises for which the State does not charge rent (refer note 3).
48 49 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 8 Results across Activities Note 8 Results Across Activities (Continued) Whilst Segment Reporting is not required refer note 7, Operating Revenue and Expenses have been broken down by operational activity within the Trust. Arts Commercial Infrastructure Total Arts Programming Programming Operations The Trust’s arts programming includes the Community, Access Arts and Arts Excellence programmes as well as 2008 2008 2008 2008 its Performing Arts Museum and Library. These activities are undertaken as part of the Government’s Arts Policy $’000 $’000 $’000 $’000 and are not expected to recover all costs.
Commercial Operations The Trust’s commercial operations include venue hire, ticketing, visitor services, catering operations, marketing, Operating revenue merchandising, sponsorship and production services. Revenues from service activities (see note 9a) 2,379 20,583 95 23,057 Infrastructure Operating grant 1,000 – 4,521 5,521 The Trust’s infrastructure services involve the provision of a range of corporate services to business units which Facilities maintenance grant – – 4,527 4,527 deliver both Arts Programming and Commercial events. Interest – – 1,178 1,178 The Trust is partly funded for the outputs it delivers by Parliamentary appropriations. It also provides services on a fee for service basis including: venue rental, production crewing services, ticket sales, marketing services and Other revenues from ordinary activities 3 1,291 1 1,295 equipment hire. 3,382 21,874 10,322 35,578
Operating expenses Employee expenses (see note 9c) 1,880 9,834 4,868 16,582 Supplies and services (see note 9b) 2,952 6,191 1,726 10,869 Facilities costs * – – 5,429 5,429 External audit fees – – 55 55 Internal audit fees – – 47 47 Bad or doubtful debts – – 2 2 Depreciation 2 505 178 685 Loss on sale of plant & equipment – – 15 15 Other expenses – insurance premiums QGIF – – 72 72 Other expenses from ordinary activities 2 16 27 45 4,836 16,546 12,419 33,801
OPERATING SURPLUS OR (DEFICIT) (1,454) 5,328 (2,097) 1,777
* Facilities costs include an infrastructure services fee of $5.377M (2007: $4.582M) charged by the CAA and charges for electricity sourced through CAA.
50 51 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 8 Results Across Activities (Continued) Note 9 Income statement – disclosures 2008 2007 $’000 $’000
Arts Commercial Infrastructure Total (a) Revenue Programming Operations Revenues from service activities 2007 2007 2007 2007 Rental income 4,282 4,249 $’000 $’000 $’000 $’000 Box Offi ce 3,280 2,351 Operating revenue Sales 6,477 3,318 Revenues from service activities (see note 9a) 2,144 14,623 131 16,898 Recoveries 6,424 4,617 Operating grant – – 4,305 4,305 Project income 2,365 2,074 Facilities maintenance grant – – 4,142 4,142 Other service revenue 229 289 Interest – – 924 924 23,057 16,898 Gain on sale of plant & equipment – – 77 77 Other revenues from ordinary activities – 446 – 446 Grants and Other Contributions 2,144 15,069 9,579 26,792 Operating grant 4,521 4,305 Out of the Box Festival of Early Childhood 1,000 – Operating expenses Facilities maintenance 4,527 4,142 Employee expenses (see note 9c) 1,384 7,952 3,651 12,987 Other – – Supplies and services (see note 9b) 2,525 4,096 1,574 8,195 10,048 8,447 Facilities costs * – – 4,637 4,637 External audit fees – – 63 63 Other Revenues from Ordinary Activities Internal audit fees – – 36 36 Interest 1,178 924 Bad or doubtful debts – – 138 138 Gain on sale of plant and equipment – 77 Depreciation 3 581 219 803 Investment income 825 – Other expenses – insurance premiums QGIF – – 63 63 Sponsorship 445 432 Other expenses from ordinary activities – – 23 23 Donations 25 14 3,912 12,629 10,404 26,945 2,473 1,447
OPERATING SURPLUS OR (DEFICIT) (1,768) 2,440 (825) (153) Total Operating Revenue 35,578 26,792
(b) Net gains and expenses
Depreciation and amortisation Buildings 14 14 Leasehold improvements 36 33 Plant and equipment 478 561 Concert Hall Grand Organ 80 79 Intangibles 77 116 * Facilities costs include an infrastructure services fee of $4.582M (2006: $4.308M) charged by the CAA and charges for 685 803 electricity sourced through the CAA.
52 53 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 9 Income statement – disclosures (Continued) 2008 2007 Note 10 Cash and Cash Equivalents 2008 2007 $’000 $’000 $’000 $’000
(b) Net gains and expenses Cash on hand and at bank 245 1 Supplies and services Deposits at call 9,057 6,627 Cost of services non labour 5,633 4,422 9,302 6,628 Facilities costs 5,429 4,637 Staff recruitment and training 284 290 Travel 68 53 Note 11 Receivables Motor vehicle costs 58 57 Recurring equipment replacement 279 230 Current Marketing 312 244 Trade debtors 3,190 3,179 Information services 537 310 Provision for impairment (102) (188) Library services 11 18 Consultants, contractors, legals 345 195 3,088 2,991 Memberships and Sponsorships 45 65 Accrued income 988 184 Entertainment 16 30 GST receivable 188 342 Stock and consumables/materials 2,122 996 Agency staff 205 384 Loan receivable – 1,100 Insurance – QGIF 72 63 4,264 4,617 Insurance – Other 14 12 Repairs and maintenance 235 281 Telecommunications 194 188 Movement in allowance of provision for impairment Freight and postage 129 104 Balance at beginning of year 188 50 Printing, stationery and offi ce supplies 187 158 Other 195 158 Amounts written off during the year – (17) 16,370 12,895 Increase/decrease in allowance recognised in profi t or loss (86) 155 Other Expenses from Ordinary Activities Balance at the end of the year 102 188 External audit fees 55 63 Internal audit fees 47 36 Note 12 Inventories Doubtful debts/(write back of debts collected) 2 138 Loss on sale of plant and equipment 15 – Supplies and consumables at cost 129 148 Sundry 45 23 129 148 164 260
Note 13 Other Current Assets Total Operating Expense 17,219 13,958
(c) Employee Expenses Prepayments 24 105 Salaries and wages 14,108 11,039 24 105 Employer superannuation contributions 1,361 1,032 Long service leave levy 236 189 Payroll tax 724 589 WorkCover insurance 106 89 Other employee costs 47 49 16,582 12,987
The Trust had 224 full time equivalent employees at 30 June 2008 (208 at 30 June 2007).
54 55 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 14 Intangible Assets 2008 2007 Note 15 Property, Plant and Equipment 2008 2007 $’000 $’000 $’000 $’000
Software Buildings – at cost 586 586 – at management valuation (2006: independent valuation) 305 305 less accumulated amortisation (489) (412) less accumulated depreciation (28) (14) 97 174 277 291 Land Total Intangible Assets – net book value 97 174 – at management valuation (2006: independent valuation) 1,497 1,497 1,497 1,497 Leasehold Improvements – at cost 766 701
less accumulated depreciation (290) (254) Reconciliation Carrying Transfers Amortisation Carrying of intangible value at Acquisitions Disposals between Revaluation for year value at 476 447 Assets 1 July 2007 classes 30 June 2008 Plant and Equipment – at cost 9,224 8,964
174 – – – – (77) 97 less accumulated depreciation (6,951) (6,543) 2,273 2,421
Details of the Trust’s accounting policies in relation to non-current assets are provided in Notes 2c to 2f. Heritage and cultural assets (Concert Hall Grand Organ) – at independent valuation (2006: independent valuation) 3,360 3,360 less accumulated depreciation (159) (79) 3,201 3,281 Motor Vehicles – at cost 46 46 less accumulated depreciation (46) (46) – – Work in progress – at cost 138 42 less accumulated depreciation – – 138 42
Total Property, Plant and Equipment – net book value 7,862 7,979
Independent valuations of land, buildings, infrastructure, heritage and cultural assets were performed as at 30 June 2006 by an independent valuer API qualifi ed in Queensland on behalf of Rushton AssetVal Pty Ltd using ‘fair value’ principles. The valuation of land and buildings is based on current market values. For heritage and cultural assets, the basis of valuation is depreciated current replacement cost. Plant and equipment and motor vehicles are valued at cost. Details of the Trust’s accounting policies in relation to non-current assets are provided in notes 2c to 2f.
56 57 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 15 Property, Plant and Equipment (Continued) Note 16 Payables 2008 2007 $’000 $’000 Reconciliation of Property, Plant and Equipment. Trade creditors 629 937
Other creditors 1,909 1,358
GST Payable 204 175 Carrying Transfers Depreciation Carrying value at between and value at 2,742 2,470 1 July 2007 Acquisitions Disposals classes Revaluation Amortisation 30 June 2008
Land 1,497 – – – – – 1,497 Note 17 Accrued employee benefi ts
Buildings 291 – – – – (14) 277 Annual leave 575 488 Wages and salaries payable 144 147 Leasehold Improvements 447 – – 65 – (36) 476 719 635
Plant and equipment 2,421 – (22) 352 – (478) 2,273 Note 18 Other current liabilities Motor Vehicles – – – – – – – Unearned revenue 304 410
Grand Organ 3,281 – – – – (80) 3,201 304 410
Capital work in progress 42 513 – (417) – – 138 Note 19 Cash Flow Statement – disclosures (a) Cash at the end of the year, as shown in the Cash Flow Statement Total 7,979 513 (22) – – (608) 7,862 Cash on hand and at bank 245 1 Deposits at call 9,057 6,627 9,302 6,628
(b) Reconciliation of net cash from operating activities to net result for the period Net result for the period 1,777 (153)
Depreciation and amortisation 685 803 Net (profi t)/loss on sale of non-current assets 15 (77) Investment income (825) –
Change in operating assets and liabilities: (Increase)/decrease in receivables (351) (717) (Increase)/decrease in prepayments 81 (70) (Increase)/decrease in inventories 19 (94) (Increase)/decrease in GST input tax credits receivables 154 (203) Increase/(decrease) in GST payables 29 57 Increase/(decrease) in operating payables 137 (164) Increase/(decrease) in accrued employee benefi ts 84 (147)
Net cash from operating activities 1,805 (765)
58 59 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 20 Asset Revaluation Reserve by Class: Note 21 Commitments 2008 2007 $’000 $’000 Non-Cancellable Operating Lease Commitments Balance Revaluation Revaluation Balance At 30 June the Trust had the following operating lease 1 July 2007 Increments Decrements 30 June 2008 commitments inclusive of GST: $000 $000 $000 $000 Not later than one year 1 12 Later than one year and not later than fi ve years – – Land 1,047 – – 1,047 Later than fi ve years – – 1 12 Buildings 121 – – 121
The total of operating lease payments for the year was $33,580 (2007 $46,637). Heritage and cultural assets 2,006 – – 2,006 The Trust has lease agreements for the rental of motor vehicles. The rentals for all agreements are paid on a 3,174 – – 3,174 monthly instalment basis. There are no fi nancial or other restrictions imposed by any of these agreements.
Note 22 Contingent assets and liabilities
Litigation in Progress As at balance date the Trust has no case fi led against it in the courts.
Other The Trust is not aware of any contingent assets or liabilities of a signifi cant nature at balance date.
60 61 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008 Notes to the Financial Report for the year ended 30 June 2008
Note 23 Financial Instruments Note 23 Financial Instruments (Continued)
(a) General Objectives, Policies and Processes (c) Credit Risk The maximum exposure to credit risk at balance date in relation to each class of recognised fi nancial asset is The Trust is exposed to risks that arise from its use of fi nancial instruments. This note describes the Trust’s represented by the carrying amount of those assets inclusive of any provisions for impairment. There are no objectives, policies and processes for managing those risks and the methods used to measure them. Further concentrations of credit risk as the Trust has a large number of customers. The Trust’s policy is that sales are quantitative information in respect of these risks is presented throughout these fi nancial statements. only made to customers that are credit worthy. There have been no substantive changes in the Trust’s exposure to fi nancial instrument risks, its objectives, The maximum exposure to credit 2008 2007 policies and processes for managing those risks or the methods used to measure them from the previous periods risk at balance date is as follows : $’000 $’000 unless otherwise stated in this note. The Board of Trustees has overall responsibility for the determination of the Trust’s risk management objectives Financial Assets and policies and, designing and operating processes that ensure the effective implementation of the objectives Cash on hand and at bank 165 (70) and policies to the Trust. Short term securities 9,057 6,627 The Trust’s risk management policies and objectives are therefore designed to minimise the potential impacts of Receivables 4,264 4,617 these risks on the results of the Trust, where such impacts may be material. 13,486 11,174
The Risk Management Audit Committee (RMAC) receives quarterly reports from the Trust’s Director of Corporate (d) Liquidity Risk Services, through which it reviews the effectiveness of the processes put in place and the appropriateness of the objectives and policies it sets. The Trust is exposed to liquidity risk through its trading in the normal course of business. The Trust’s internal auditors also review the risk management policies and processes and report their fi ndings to The Trust manages liquidity risk through use of the Financial Reserves Policy. This policy aims to reduce the RMAC, which in turn reports to the Board. exposure to liquidity risk by ensuring the Trust has suffi cient funds available to meet employee and supplier obligations as they fall due. This is achieved by ensuring that minimum levels of cash are held within the various The overall objective of the Board is to set polices that seek to reduce risk as far as possible without unduly bank accounts so as to match the expected duration of the various employee and supplier liabilities. affecting the Trust’s competitiveness and fl exibility. Further details regarding these policies are set out below: Maturity Analysis Less than 1 – 3 3 months Greater Carrying (b) Interest Rate Risk 1 month months to 1 year than 1 year Amount The exposure to interest rate risks and the effective interest rates of fi nancial assets and fi nancial liabilities, both 2008 2008 2008 2008 2008 recognised and unrecognised at balance date are as follows: $’000 $’000 $’000 $’000 $’000 Financial Assets Floating 1 Year Non Total Weighted Cash on hand and at bank 245 – – – 245 interest or less Interest Average Short term securities 9,057 – – – 9,057 Rate Bearing Rate Receivables 3,714 550 – – 4,264 2008 2008 2008 2008 2008 $’000 $’000 $’000 $’000 % Financial Liabilities Financial Assets Payables 2,742 – – – 2,742 Cash on hand and at bank 165 – 80 245 2.18% Short term securities – 9,057 – 9,057 7.30% Receivables – – 4,264 4,264 0.00% 2007 2007 2007 2007 2007 $’000 $’000 $’000 $’000 $’000 Financial Liabilities Financial Assets Payables – – 2,742 2,742 0.00% Cash on hand and at bank 1 – – – 1
2007 2007 2007 2007 2007 Short term securities 6,627 – – – 6,627 $’000 $’000 $’000 $’000 % Receivables 3,517 – 1,100 – 4,617 Financial Assets Cash on hand and at bank (70) – 71 1 2.19% Short term securities – 6,627 – 6,627 6.41% Financial Liabilities Receivables – 1,100 3,517 4,617 2.00% Payables 2,470 – – – 2,470
Financial Liabilities Payables – – 2,470 2,470 0.00% (e) Net Fair Value It is considered that the net fair value of the fi nancial assets and fi nancial liabilities of the Trust approximate the book values due to their short term to maturity. 62 63 QUEENSLAND PERFORMING ARTS TRUST QUEENSLAND PERFORMING ARTS TRUST
Notes to the Financial Report for the year ended 30 June 2008
Note 24 Remuneration of Trustees CERTIFICATE OF THE QUEENSLAND PERFORMING ARTS TRUST
Remuneration paid or payable to Trustees for attendances at meetings held during 2007-2008 was as follows: The foregoing fi nancial statements have been prepared to the Financial Administration and Audit Act 1977 and other prescribed requirements. We certify that:
(a) the statements together with other information and notes to and forming part thereof are in the form required by the 2008 Treasurer and are in agreement with the accounts of the Queensland Performing Arts Trust; and $’000 (b) in our opinion:- H. R. Smerdon 5 (i) the prescribed requirements for the establishment and keeping of accounts have been complied with in all material R. Bolwell 3 respects; and W. H. Grant 3 (ii) the statements have been drawn up to present a true and fair view, in accordance with prescribed accounting P. A. Piticco 3 standards, of the transactions of the Queensland Performing Arts Trust for the fi nancial year ended 30 June 2008 and M. J. Bertelsen 3 of the fi nancial position as at the end of that year. R. M. White 2 H. C. George 3 S. A. Gallaher 4 J. Raptis 2
Total 28
Henry Smerdon John Kotzas Kieron Roost, CPA Chairman Artistic Director Director Corporate Services
Date: 26 August 2008
64 65 QUEENSLAND PERFORMING ARTS TRUST
INDEPENDENT AUDITOR’S REPORT To the Board of the Queensland Performing Arts Trust
Matters Relating to the Electronic Presentation of the Audited Financial Report of accounting policies and the reasonableness of accounting estimates made by the Board, as well as evaluating the overall presentation of the fi nancial report including any mandatory fi nancial reporting requirements as approved by the Treasurer for The audit report relates to the fi nancial report of the Queensland Performing Arts Trust for the fi nancial year ended 30 June 2008 application in Queensland. included on the Queensland Performing Arts Trust’s web site. The Board is responsible for the integrity of the Queensland Performing Arts Trust’s web site. We have not been engaged to report on the integrity of the Queensland Performing Arts Trust’s I believe that the audit evidence obtained is suffi cient and appropriate to provide a basis for my audit opinion. web site. The audit report refers only to the statements named below. It does not provide an opinion on any other information which may have been hyperlinked to/from these statements. If users of the fi nancial report are concerned with the inherent risks arising from electronic data communications they are advised to refer to the hard copy of the audited fi nancial report, available Independence from the Queensland Performing Arts Trust, to confi rm the information included in the audited fi nancial report presented on this The Financial Administration and Audit Act 1977 promotes the independence of the Auditor-General and QAO authorised auditors. web site. The Auditor-General is the auditor of all Queensland public sector entities and can only be removed by Parliament. These matters also relate to the presentation of the audited fi nancial report in other electronic media including CD Rom. The Auditor-General may conduct an audit in any way considered appropriate and is not subject to direction by any person about the way in which audit powers are to be exercised. The Auditor-General has for the purposes of conducting an audit, access to all documents and property and can report to Parliament matters which in the Auditor-General’s opinion are signifi cant. Report on the Financial Report I have audited the accompanying fi nancial report of the Queensland Performing Arts Trust which comprises the balance sheet as at 30 June 2008, and the income statement, statement of changes in equity and cash fl ow statement for the year ended on that date, Auditor’s Opinion a summary of signifi cant accounting policies, other explanatory notes and certifi cates given by Board of the Queensland Performing In accordance with s.46G of the Financial Administration and Audit Act 1977 – Arts Trust. (a) I have received all the information and explanations which I have required; and (b) in my opinion – The Board’s Responsibility for the Financial Report the prescribed requirements in respect of the establishment and keeping of accounts have been complied with in all material The Board is responsible for the preparation and fair presentation of the fi nancial report in accordance with prescribed accounting respects; and requirements identifi ed in the Financial Administration and Audit Act 1977 and the Financial Management Standard 1997, including compliance with applicable Australian Accounting Standards (including the Australian Accounting Interpretations). the fi nancial report has been drawn up so as to present a true and fair view, in accordance with the prescribed accounting standards This responsibility includes establishing and maintaining internal controls relevant to the preparation and fair presentation of of the transactions of the Queensland Performing Arts Trust for the fi nancial year 1 July 2007 to 30 June 2008 and of the fi nancial the fi nancial report that is free from material misstatement, whether due to fraud or error; selecting and applying appropriate position as at the end of that year; and accounting policies; and making accounting estimates that are reasonable in the circumstances. In Note 1, the Board also state, in accordance with Accounting Standard AASB 101 Presentation of Financial Statements, that compliance with Australian equivalents the fi nancial report also complies with International Financial Reporting Standards as disclosed in Note 1. to International Financial Reporting Standards ensures that the fi nancial report, comprising the fi nancial statements and notes, complies with International Financial Reporting Standards.
Auditor’s Responsibility My responsibility is to express an opinion on the fi nancial report based on the audit. The audit was conducted in accordance with Auditor-General of Queensland Auditing Standards, which incorporate the Australian Auditing Standards. These Auditing Standards P A Gallagher require compliance with relevant ethical requirements relating to audit engagements and that the audit is planned and performed as Delegate of the Auditor-General of Queensland to obtain reasonable assurance whether the fi nancial report is free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the fi nancial report. The procedures selected depend on the auditor’s judgement, including the assessment of risks of material misstatement in the Brisbane fi nancial report, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant Date: 26 August 2008 to the entity’s preparation and fair presentation of the fi nancial report in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control, other than in expressing an opinion on compliance with prescribed requirements. An audit also includes evaluating the appropriateness
66 67 QUEENSLAND PERFORMING ARTS TRUST Queensland Performing Arts Centre Cnr Grey and Melbourne Streets FEEDBACK South Bank Queensland 4101 QPAC is committed to open and accountable Australia governance and welcomes feedback on this report. We welcome your comments and feedback via this form or via email at [email protected]. PO Box 3567 South Bank Queensland 4101 Australia
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