Sydney Cricket & Sports Ground Trust

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Sydney Cricket & Sports Ground Trust SCG12873_SectionA_24.08.07 15/10/07 1:30 PM Page A SYDNEY CRICKET & SPORTS GROUND TRUST SCG12873_SectionA_24.08.07 15/10/07 1:30 PM Page B TABLE OF CONTENTS MINISTER’S FOREWORD Minister’s Foreword ........................................................................................................... 1 The Sydney Cricket Ground has The Trust’s capital works program of a unique place in the hearts of all $19.5 million in projects undertaken Chairman’s Report ............................................................................................................ 2 New South Wales sports lovers. during the year was primarily directed at providing new spectator, Managing the Events ......................................................................................................... 6 It is an historic venue which, player and hirer facilities. together with Aussie Stadium, Managing the Assets ......................................................................................................... 18 provides world-class facilities for I appreciate the Trust’s support Commercial and Operations ............................................................................................. 24 Members, patrons and competitors. during the year for a number of community and charitable events Marketing and Membership .............................................................................................. 26 It is also an iconic venue that is staged at the grounds, and the the source of many memories. Trust’s continued recognition Business Development ...................................................................................................... 28 of those Members attaining Who can forget those first 70 years membership of the Corporate Services/Financial Report ............................................................................... 32 experiences of a stand reverberating Sydney Cricket Ground. Information Technology ..................................................................................................... 38 to the sound of a crowd clapping, stomping and cheering a bowler I thank the Trust Chairman, Organisational Chart .......................................................................................................... 39 as he strides towards his delivery. Rodney Cavalier, his deputy John Cloney, their fellow Trustees, Trustees .............................................................................................................................. 40 It is a venue that evokes passion, management and staff for their respect and excitement. hard work in the past year and Financial Indicators ........................................................................................................... 43 most of all the many Members It is also a venue that has sought to and supporters. Independent Audit Report ................................................................................................. 44 look to the future hosting key events Statement by Members of the Trust ................................................................................. 45 for NSW. Music, AFL, League, Union, Football, Mundine v Green Audited Financial Statement and Notes ........................................................................... 46 and events to raise community awareness. It is a venue that Ethnic Affairs Priorities Statement ................................................................................... 84 continues to build towards success. Code of Conduct ................................................................................................................. 86 During 2006/07 the Trust demonstrated its continued THE HON. GRAHAM WEST, MP Complaints Handling/Privacy Policy ................................................................................. 89 commitment to improve patron Minister for Gaming and Racing, Freedom of Information ..................................................................................................... 90 amenities and player facilities. Minister for Sport and Recreation Trust Charter and Constitution ......................................................................................... 91 Trust Meetings ................................................................................................................... 92 06/07 ANNUAL REPORT SYDNEY CRICKET & SPORTS GROUND TRUST 1 SCG12873_SectionA_24.08.07 15/10/07 1:30 PM Page 2 CHAIRMAN’S REPORT The Trust exists to serve the glory For the previous decade we have for Sport, Rod Kemp, for seizing Properties Business Development The Trust continued to support of sport. This report covers the been driving debt levels down. the moment at the AFL Grand other charities and sporting In the course of the year the Over 60 per cent of venue usage year which ended on 28 February We are one of the few government Final in Melbourne to invite the benevolent groups in unheralded Trust funded a capital works for functions came from our 2007, another 12 months of agencies anywhere in the world Chief Executive Officer and myself ways. Being able to hold a function program totaling $19.5 million. sporting and commercial wonderful moments on our two to have secured a ratings upwards to apply for a grant. on or near the grounds means The works sought to improve the partners. The sale of annual grounds. In January lovers of during that period. The Trustees everything for those who enjoyed cricket, especially those who hold were the hardest audience to Before the construction program facilities in every area affecting facilities at Aussie Stadium was great triumphs on our soil. the Ashes in reverence, witnessed convince that a new grandstand began, Trust debt stood at spectators and users. You can strong throughout the year. The see the value of $3.25 million in portfolio of premium teams and what we did not ever expect would pay for itself. We did not $7.9 million. Marketing & Membership to see – Australia complete a want to follow the modern stadium work undertaken in the Churchill variety of quality events over the 5-0 scoreline against England. model of being servants to debt. Income from ground hire Dining Room, Club SCG and at course of a year represented very The Trust introduced Members Comprehensive demolition was $9.2 million, compared Aussie Stadium. good value to corporate clients. Liaison Officers during the 2007 of other Test sides in Australia The Trust became convinced that to $7.2 million in the previous International Cricket Season to may have become the norm, our business model and capacity year. Membership subscriptions The Rugby Centre of Excellence Expressions of interest were provide Members with an increased the Ashes may already have been to generate new and additional generated revenue of $10.8 million commenced in July 2006. At a invited for registered charities level of customer service. Our in the bag, nothing diminished revenues would make the new compared to $9.1 million in the cost of $6 million the facility is to become an official SCG Trust Liaison Officers were impossible to the magnificence of Australia’s grandstand viable. Spectators previous year. Membership sales designed to cater for all facets Charity for the next two years. miss. Assistance during a game is all out effort for victory in the Fifth outside the Members Reserve were strong. We believe the sales of Rugby’s operations in NSW. The six charities successful are: not hard to find given the distinctive Test in the shortest possible time. deserved modern facilities in that reflect market confidence in the • St Vincent de Paul Society uniforms worn by the attendants part of the Cricket Ground. For the Trust’s ongoing fixture programs The seating capacity of Aussie • Juvenile Diabetes Research and crowd controllers. Over the whole year there were first time a modern dining room and amenities. Sales of Gold Stadium was increased by 3,112 Foundation some 82 event days which drew will be serving the general public. Membership generated $4 million, seats. The cost was $4.6 million • Kidney Health Australia The Trust has secured additional 1.6 million spectators. The Trust was confident too that, compared to $3.8 million in the during the course of five • Canteen reciprocal rights at other venues having denied itself tax dollars for previous year. construction stages. Aussie • Lupus Foundations of NSW and sporting grounds. Members The Trust continued to operate in more than a century, the project Stadium now has a second video • Roden Cutler Charities INC can now seek the exercise of profit – $5.5 million compared to would attract support from the Revenue from the rental of annual screen at the southern end. their SCG membership at $4.7 million in the previous year. governments serving NSW. That private suites and corporate boxes The Harvey Norman Media M. Chinnaswamy Stadium Every dollar is hard won these confidence was justified. On Day 3 was $4.6 million compared to For a Trust conscious of its Challenge was held for the (Bangalore, India), Eden Park days. The environment is more of the Test Match, the Prime $3.5 million in the previous year. history and traditions, the SCG second time. This touch football in Auckland, New Zealand and competitive than ever, especially Minister, the Hon John Howard, Marketing of suites and boxes and Museum will continue to receive day involves teams from all the Queen’s Park Cricket Club from interstate. Our solid financial MP, announced a Commonwealth the sale of premium
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