Annual Report 2008-09
ABN 27 109 607 472 Vision, Mission & Values
Our Vision A society that is committed to the prevention of dementia, and that values and supports people living with dementia.
Our Mission To minimise the incidence and impact of dementia through leadership, innovation and partnerships - in advocacy, policy, education, services and research.
Our Values Respect for the dignity of all individuals Cooperative working relationships Integrity, accountability, transparency Value the contribution of all people involved with our work Strength through unity, with respect for diversity Responsiveness to our community
The Australian Government funded programs of Alzheimer’s Australia NSW are: National Dementia Support Program which includes early intervention or Living with Memory Loss, National Dementia Helpline and Referral Service, Education and Awareness, Dementia Memory Community Centres - at North Ryde, Bega and Port Macquarie, Regional Partnerships which includes part funding of the library and some education services. The Australian Government has also funded a Remote Access Dementia Education Program and the Bega Mobile Respite Team and the CCRC.
2 Alzheimer’s Australia NSW All of these people live with dementia Contents
Report from the Chairman 4 Report from the Chief Executive Officer 6 The Board of Directors 8 Our donors 12 Volunteers 14 The year in review: 1 July 08—30 June 09 16 The Board and Advisors 18 Concise financial report 20 Contact Us 36
Cover photo: staff, family and friends of AlzNSW pose with Tim Bailey from Network Ten for a live cross for the nightly weather report to promote the 2009 Memory Walk in Parramatta.
Annual Report 08-09 3 Report from the Chairman
John Watkins joined us as CEO just before the last AGM and we have had a great year together. He has related well to the staff with whom he has worked, has guided the organisation through a difficult economic period and has gained for us some wonderful publicity and media exposure.
John has got on well with Directors and has David Say also retired and we want to thank him understood (from one of his previous lives) for equally good advice and concern for us and what Directors are on about and what Directors our affairs. Pat has been succeeded by Ian worry about. The extra media attention means Horton who has had to face some tough that our work in helping families living with decisions in the last twelve months. We sold dementia will do better. In that regard, mention part of our holding and took losses in so doing. might be made of the Parliamentary Friends of But going that way was “less worse” than any Dementia which meets twice each year at alternative that the Committee could envisage. Parliament House Sydney. More and more The situation was complicated when one of our State Members are joining us now, and we hold brokers (and then a Member of the Investment electorate specific information which will help Advisory Committee) had to go into receivership relatives who want to speak to their local during the year. As we come out of the global representative. We hold the numbers in each financial crisis our investments are improving locality with dementia now and the numbers again. There is better economic news and a coming through the pipeline – all powerful better economic outlook. While interest rate material and very appropriate information for rises will hurt those with mortgages, they will Members of Parliament and for any local press mean greater income for us and for the people outlet. for whom we work.
It has been a difficult year economically as we We settled a budget in July which is modest and endured the trough of the global financial crisis. requires hard work from officers. John Watkins It was a particularly hard year for our has engineered things so that there are few job investments. Here tribute should be given to a losses (quite an achievement in this financial very hard working Investment Advisory situation) and has been able to keep all services Committee. running. We were unable to contribute this year to a National website development project but It was under the Chairmanship of Pat McMillan hope that we can join the project when economic but he retired and we want to thank him again circumstances improve. for wonderful service and attention to our affairs and our needs.
4 Alzheimer’s Australia NSW “Our view is fixed on our special clients and on their families and on getting the structure of our Board just right”
The Board has had some changes this financial Thanks go to each of the Board Members who year. We are very proud of Dr Robert Yeoh AM gave so much and worked so hard. Board who has been elected to the Board of Members are volunteers who do this work Alzheimer’s Disease International. He has because they each believe in the Association been a past President of AlzNSW (we now have and in what it is setting out to do. a Chair) and has been National President too. We wish him well in his Some of our Members important international have an “Alzheimer’s” role and know that he background – either by will represent Australia being a carer or an well. There has been appropriate professional some sickness, one – and some members are death of a beloved experts at governance. partner, and carer dis- To each of the Board tress on the Board this Members go thanks for a year and our best job that is well done and wishes go to those impressive too. Board members who are affected. Robin Thanks also go to Wirth has had to stand The Dementia Awareness Week lecture by Prof Constantine officers who have given Lyketsos from the USA was held at NSW Parliament House on down due to ill health. 22 September 2009 and was well attended by our members. so much and have been She brought her social Photo L to R: Prof Lyketsos and Prof. Peter Baume. such believers in what we science background to are doing. We are looking bear when dealing with our special clientele. forward to the next year. Our view is fixed on She has been Deputy-Chair of the Association our special clients and on their families and on and a great support to the Chair. We wish her getting the structure of our Board just right. and Richard well.
Dr Marc Budge has let it be known that he will retire from the National Presidency when his term expires in 2010. Neil Samuel from Victoria heads a small working group (I am on it) which is looking at the best way to plan for Marc’s retirement. Glenn Rees’ term at National Executive Director will finish in 2012 and we will have to plan for that too. Professor Peter Baume AC Chairman
Annual Report 08-09 5 Report from the Chief Executive Officer
“Dementia will become the dominant health and social issue of our time.”
Dear Members, The message is clear. All of us have to start to plan. Local, State and Federal governments, It has been a very busy twelve months during private companies, communities and families will which there has been a marked increase in the all have to think about and plan for a future when interest and concern over the dementia dementia will become the dominant health and challenge facing Australia. social issue of our time.
The recent release of Access Economics We have started to advocate for that new future reports have brought a great deal of media here at AlzNSW through our efforts to raise the attention to this often misunderstood and at profile of dementia and connect with opinion times forgotten condition. These reports have leaders and political representatives. And of revealed the enormity of the dementia epidemic course we do it every day through our facing our society. counselling, information and education services provided to people throughout the State. Currently there are over 245,000 Australians diagnosed with some form of dementia. This is In doing that work we have a professional and expected to explode to a staggering 1.1 million hardworking staff who are absolutely committed by mid century. The impact of that epidemic to providing the highest level of support to will be felt in every corner of NSW but it is the people living with dementia. Their efforts across coastal communities of NSW and Sydney’s NSW have really made a difference in the lives west and south-west where the burden will be of many people. greatest. We are also very fortunate to have the guidance The reports also highlight the emotional, of a very dedicated and talented Board and the physical and financial burden on carers and the support of our Advisory Council. expected shortage of 150,000 carers by 2030.
6 Alzheimer’s Australia NSW Maxine McKew visits the Vincent Fairfax Family Resource Centre at North Ryde in January 2009.
L to R: Sandy and Mary Potter, John Watkins, Maxine McKew and Peter Baume
It has been a challenging year with the Global Financial Crisis impacting on our fundraising but things have started to improve in recent months and we look forward to 2010 with growing confidence. The two major challenges facing us next year will be our move from our Talavera Road offices to new accommodation in the grounds of Macquarie Hospital very close to the Vincent Fairfax Family Resource Centre and the renegotiation of the Federal Government National Dementia Support Program from which we draw a substantial amount of our funding. We are well positioned to be successful in both these Fundraising luncheon with the Australian Treasurer held on challenges. 18 September 2009. L to R: John Watkins, Barbara Cail (Advisory Council Chairwoman) and The Hon. Wayne Swan. Finally, thank you to all our members and supporters for your generosity and understanding through the year.
The Hon. John Watkins Chief Executive Officer
Fundraising luncheon with Graeme Samuel, Chairman of the ACCC held on 8 October 2009.
Annual Report 08-09 7 L to R back row: Robert Yeoh, Ian Horton, Nick O’Neill, John Morrison, Board of Directors Barry Groundwater, Peter Baume, John Watkins, Alistair Bell. Front row: Essa Witt, Lucille Bloch, Catharine Retter, Marie Gleeson. Absent: Robin Wirth.
Professor Peter Erne Baume AC Chairman (non-executive)
Qualifications MB, BS, MD, Hon DUniv (ANU), Hon LittD (USQ), FRACP, HON FRACGP, FAFPHM
Experience Emeritus Professor, physician at Royal North Shore Hospital, Senator for NSW, Government Whip, Minister for Aboriginal Affairs, Minister for Health, Minister for Education, Professor of Community Medicine at the University of NSW, Chancellor of the Australian National University, Director Sydney Water Corporation, Governor Foundation for Development Cooperation, Chair Family Drug Support.
Mr Alistair Garrard Bell Director
Qualifications B.Ec (Sydney), CA, MAICD
Experience Senior commercial and financial executive with broad-based experience in fiscal and operational management of international businesses operating in a variety of markets.
Special Responsibilities Mr Bell is a member of the Investment Advisory Committee and the Audit and Risk Committee.
Ms Lucille Barbara Bloch Director
Qualifications Completed 3 years of medicine at a University in South Africa
Experience Executive Member on the Management Committee of a newly established retirement home with a frail care unit. Treasurer of ESRA, which provides help to new immigrants.
Special Responsibilities AlzNSW representative on the National Consumers Committee of Alzheimer’s Australia and member of the Consumer Reference Standing 8 Alzheimer’s Australia NSW Committee (Sydney). Professor Maree Gleeson Director
Qualifications BSc (Sydney), PhD (Newcastle), MAICD
Experience Medical researcher in Immunology in the Faculty of Health at University of Newcastle, Director of the Hunter Medical Research Institute, Newcastle, previously Inaugural Director of Medical Research in the NSW Ministry for Science and Medical Research and Director of Immunology for the Hunter Area Pathology Service of Hunter New England Health. Director of Research Australia.
Mr Barry James Groundwater Director
Qualifications 5 year Engineering Trade Certificate 4 year Mechanical Engineering Certificate 4 year Management Certificate.
Experience Worked for Southern Cross Care (NSW & ACT) Inc for 19 years until he retired in February 2007. During this time held roles including Regional Manager and Manager of Cardinal Gilroy Village, Merrylands
Special Responsibilities Mr Groundwater is a member of the Investment Advisory Committee and the Audit and Risk Committee.
Mr Ian Watts Horton Director
Qualifications BComm (UNSW), FAICD, FCIS
Experience From 1975 to 1998 occupied various senior positions within the investment management industry, member of the Board of AIMA from 1993 to 1997, Chair of AIMA’s Corporate Governance Committee from 1994 to 1997 and a member of the AICD Corporate Governance Committee also from 1994 to 1997. In 1999 was appointed to the AMP Managed Investment Schemes Compliance Committee, being appointed chairperson from 2002 to 2005. Currently chairs the Compliance Committee of Apostle Asset Management.
Special Responsibilities Mr Horton has recently been appointed as chairperson of the Investment Advisory Committee and is a member of the Audit and Risk Committee.
Mr John Gerard Morrison Director
Qualifications BComm, CPA, FAICD, FTIA, FAICS
Experience Honorary Treasurer June 2003 to July 2006. Consultant and practitioner in finance, secretarial practice, corporate governance and risk management.
Special Responsibilities Mr Morrison is a member of the Investment Advisory Committee and Chairperson of the Audit and Risk Committee.
Annual Report 08-09 9 Mr Nicholas Kevin Francis O’Neill Director
Qualifications LLB (Melbourne), LLM (London)
Experience In 1989 became the first Deputy President of the Guardianship Tribunal of NSW and was President from 1994 to 2004. Was the inaugural Convenor of the NSW Chapter of the Council of Australasian Tribunals in 2003 – 2004. Principal author of Retreat from Injustice: Human Rights in Australian Law, the second edition of which was published in 2004. Appointed Adjunct Professor in the Faculty of Law at UNSW in 2004.
Special Responsibilities Mr O’Neill is a member of the Remunerations Committee and the Policy sub-committee.
Ms Catharine Josephine Retter Director
Qualifications BA, MA, Grad Dip Editing and Publishing
Experience Past chairperson of Austcare refugee week, committee member of Australians for UNHCR. Book publisher with a background in marketing, management and writing.
Special Responsibilities Chairperson of the Strategic Planning Committee.
Ms Robin Joy Wirth Vice-Chairman (non executive) – resigned 21 July 2009
Qualifications BSocSci, Grad Dip Management, Grad Dip Dementia Management
Experience Board member since 2001, including Honorary Secretary 2004/2005 and Vice-President/Chair since 2005. Ms Wirth has twenty years experience working in the community sector, providing support through Community Options, Dementia Home Support, Dementia Specific Respite, Community Aged Care Packages and Aged Day Care Services.
Special Responsibilities Ms Wirth was a member of the Consumer Reference Standing Committee and the Policy sub-Committee.
Ms Eesvarathevi Witt Director
Qualifications RN, Grad Dip Aged Care, MN
Experience Board member since November 2006. Ms Witt has extensive practical nursing experience in caring for and managing patients with acute confusion, dementia and challenging behaviours.
Dr Theam (Robert) Yeoh AM Director
Qualifications MB, BS
Experience Dr Yeoh is a General Practitioner who has a special interest in dementia and has been a Board member since 1994, holding positions as Vice President (1996 - 1998), President (1998 – 2000) and National President of Alzheimer’s Australia from 2000 to 2005.
Special Responsibilities Dr Yeoh represents the entity on the Aged Care Standards and Accreditation Agency NSW Liaison Committee, Dementia Assessment Instruments National Expert reference Group, and is a member of the Chinese Liaison Committee and the Policy sub-Committee.
10 Alzheimer’s Australia NSW Photo on right: Memory Walk 09
Annual Report 08-09 11 Our donors
Thank you to all who made a donation during 2008-2009 and particularly the following who gave $500 or more who are listed below.
Companies & Organisations Companies & Organisations Estates
Asquith Rugby League Club Limited Orange Ex-Services' Club Ltd Estate of the Late Sarah Godfrey Asset Collateralized Entity Ltd Ordre Souverain de Saint-Jean de Estate of the Late Roger Sydney Australian Chinese Community Assoc Jerusalem Sheppeard of NSW Inc Paddington Woollahra RSL Club Estate of the Late Richard Joseph Avondale Golf Club Limited QBE Insurance Group Ltd Wheeler Bega Cheese Rose Bay RSL Club Co-Op Ltd Order of the Eastern Star, Amity Rotary Club of Newcastle Direct Payroll Giving Organisations Chapter No 27 Royal NSW Bowling Association Inc Order of the Eastern Star, Belmont Sales Force National Pty Ltd AGL, ICAA, IAG, NRMA, One Steel, Chapter No 113 Seven Hills Toongabbie RSL Club Ltd Orica Soft Furnishings Industry Assoc. Cabcharge Canterbury Hurlstone Park RSL Club Charity Golf Day Gifts In Kind Ltd South Newcastle Rugby League Club Australian Geographic Retail Chester Hill RSL & Bowling Club Limited Baulkham Hills Shire Council Co-operative Ltd St Georges Basin Country Club Breville Australia Dundas Sports and Recreation Club Tarro Uniting Church Brown Brothers Wines, Milawa Euston Bowling & Recreation Club Ltd The Commercial Club (Albury) Ltd Burger Centre 120 King St Randwick Eventide Homes (NSW) The Travel Corporation Pty Ltd City of Sydney Forbes Services Memorial Club Ltd Topcat 7 Pty Ltd Clarke Rubber, Kotara Forestville RSL Club Limited Toronto Lioness Club Commercial Fishermen’s Co-op Limited, Home Owner Mortgage Enhanced Tumut Bowling and Recreation Club Newcastle Securities Ltd Ltd Dial A Word Hornsby RSL Club Limited Turner Bros Dick Smith Electronics Newcastle Ingleburn RSL Club Wakehurst Veteran Lady Golfers Empire Gifts, Broadmeadow Lions Club of Bondi Inc Warringah Swingers Golf Club Fruit shop, Hamilton Lions Club of Caringbah Inc Wentworth Services Sporting Club Ltd HWL Ebsworth Lawyers Lions Club of Castle Hill Inc Western Suburbs Leagues Club Ltd Ibis Hotel, Melbourne Longreach Limited Wests Ashfield Laing and Simmons Port Macquarie Mailec Electrical Woolooware Shores Village Moore Stephens Lawyers Sydney Merimbula RSL Club Ltd Muswellbrook RSL Club Merimbula-Imlay Bowling Club Ltd Trusts & Foundations Quizmasters, Newcastle Merrylands RSL Club Ltd “Silverhair” (Musicians) Mid North Coast Regional Council for AC Foundation Limited Sydney Olympic Park - Parklands Social Development Coal & Allied Foundation Mt Pritchard & District Community Club Corinthian Trust Take 2 Creative Audio National Seniors Australia Dunstan Family Foundation The Good Guys, Kotara National Seniors Australia, Penrith Kazacos Foundation The Retiree National Magazine Evening Branch Laidlaw Foundation Toshiba Australia Newcastle Support Group Alzheimer's Perpetual Philanthropic Services West Bexley Uniting Church North Ryde RSL Community Club Ltd Rita Hogan Foundation Wests Group, New Lambton NSW Missing Persons Unit Say Family Foundation Ripples by the Lake, Toronto NSW Women's Bowling Association Skipper Jacobs Charitable Trust Visionary Health Pharmacy, Inc The Schwinghammer Foundation Vida Rees Foundation Pty Ltd Hamilton 12 Alzheimer’s Australia NSW Woodend Pty Ltd KOFM radio, Newcastle Individuals and Families Individuals and Families Individuals and Families
Mrs Paulette Anderson Ms Rachel Fitzhardinge Mrs Ethel M Murray Dr Gae Anderson Ms Pam Fitzroy Mr Zeijko Nikolic Mr & Mrs Ken & Mona Baker Ms Kate Galetto Mrs Margaret North Dr Solomon Bard Mrs Elizabeth Giannone Ms Janine O'Malley Professor Peter Baume Mrs Elizabeth Gilbert Mr Nicholas O'Neill Mr Giovanni Bertacco Mrs Noela M Gill Mrs Lynette Perini Mr Peter Blakeley Mrs Jean Hale Mrs Moya Pickens Mr L Boyd Dr Margaret Harding Dr R Prabhu Mr A Brown Ms Beth Harkness Mr Alan Ramsay Mr Colin A Bull Dr Meredith Hinds Mrs Judith Rose Ms Justine Butler Ms Melanie Hogan Mr & Mrs Bill & Maureen Ryan Mr John T Cameron Mr Ian Horton Mr Oswald Ryan Mr & Mrs Stephen & Molly Mr Neville Johnston Mr & Mrs C & B Salter Charlesworth Mr Abe & Mrs Toni Joseph Mrs Claudia Sargent Mrs Anne Clinton Lady Catherine Kater Ms Azusa Sema Mr Michael Cole Ms Louise Keady Mr Alexander Shepherd Mrs L Collins Mr & Mrs Jeff & Sharon Kelly Mrs H Sjoquist Ms Beverley Cottee Ms G Kethel Mr & Mrs Alan & Jennifer Smith Ms Julieanne Crawford Mr C Khoury Mr Jon Stanfield Ms Barbara Cummins Ms Helen Kirby Mrs Judy Stannard Mr P Davies Fr John Langtry Ms Suzanne Stapleton Mrs A C Dickson Mr Thomas Lin Mr Edmund Styles Mr Stephen Doyle Ms Karen Loblay Mrs Margaret Szabo Mrs Gloria Durbin Mr Michael Lowe Mrs P Templeton Ms Beverley Ellis Ms A M Mackie Ms Johanna Trainor Mr Gordon Esden Mr Rocco P Mangano Mr David Trussell Mr David Evans Mrs Beryl McCloskey Mr Werner Weil The Hon Justice E Evatt AO Lady Sonia McMahon Mr Robert White Mr Warren Fahey Ms Maria Mico Ms Fiona Winning Mr A Falconer Ms Elizabeth Mitchell Mr Bert Wolfe Mrs D Farebrother Ms M R Morgan Ms Rosie Xerri Mr George F Findley Clr. Moline, Mosman Council Dr Robert (T H) Yeoh Mrs Kerry Zammit
And thank you to those kind people and organisations who chose to remain anonymous.
E & OE
Annual Report 08-09 13 14 Alzheimer’s Australia NSW Volunteers
Thank you to all who gave of their time to support AlzNSW during 2008-2009.
Individuals Individuals AlzNSW
Ern Alchin Mark Lau Consumer Reference Committees Heather Alchin Laroy Lowman The Board of Directors AlzNSW Pamela Anthony David Lowman Advisory Council AlzNSW Graham Atkins Jill Lutton Sue Atkins Michael Macauley Organisations Lucille Bloch Gail Macauley Ashley Boyd Ann Mann Avondale College Ian Broadbent Pat MacMillan Bega Scouts Mariola Brock Margaret MacMillan Creative Memories Anna Buduls June Morris Discovery Fitness Robbie Bugo Cheryl Neal Institute of Chartered Accountants Australia Margaret Campbell Margaret Newlands Ken Thompson Lodge, Armidale Eliza Chan Roberta O'Brien Lions Club of Bega Beth Claydon John Page Lions Club of Tacking Point Maureen Cook Mark Priest Lions Club of Warner’s Bay John Craig Sue Reid NSW Fire Brigade Margaret Craig Daphne Riccabono NSW Rural Fire Service Rosa Cremers Marguerite Roche St John Ambulance Jan Curry Mary Root St Joseph's Regional Cross Campus Band Graeme Dark Leah Sackville The Celtic Choir Marina Dick Sarah Sackville The Hunter Network Laraine Dunn Lee Saxby The Kings School, North Parramatta Jill Elias Spike Saxby Uniting Church of Belmont Choir Rosemary Falson Chris Saxby Veda Advantage John Fitzpatrick Alex Saxby Velocity Health & Fitness Club Pam Fitzpatrick Jenny Smale Westpac Peter Florence Margaret Stewart Bev Gannon Raimund & Johanna Stienen Ted Gannon Kath Storey Merv Gilles Bridget Tam Diana Golvers Elaine Todd Barbara Graham Judith Towler Gail Hodson Di Trevanion Tania Hoffman Doreen Wilks Peter Holmes Codee Wilson Jessie Hopkins Rick Wilson Wendy Hurle Kyle Wilson Wilma Ibbotson Irene Winiarczyk Judy Jalsma Woody Woodhouse Kevin Judge Ann Yeates Nicolas Kable Eleanor Yip Rosa Kremers Susan Young Jack Lamont E & OE
Annual Report 08-09 15 Photo on left : Ambulance Service of NSW Band at the 2008 Memory Walk The year in review 1 July 08 - 30 June 09
2008
July August September October November December
Advocacy Regional Regional Regional Regional Consumer Consumer Consumer Consumer and Committees: Committees: Committees: Committee: Research Armidale, Port Sydney, Wagga, Orange Sydney, Macquarie Bega Port Macquarie NSW SW Needs Parliamentary Analysis: Friends of research Dementia project won
Media Dementia Annual Report Christmas tips for Awareness published carer’s and Week Events
Services, All year: All year: GDU Support DAS / CNC GDU Support Living with During 2007-08 a Groups Quarterly Forum in Groups Quarterly Training Memory Loss total of 15, 2-day Newsletter Sydney Newsletter Support Group and Workshops were Education QMS quality held with 123 agreement participants signed
Spring Appeal World Christmas Hoges Christmas Fundraising Alzheimer’s Day Appeal Cup SFIA Charity Memory Walks Golf Day 08 Masquerade Ball Orange Blossom Festival Senior’s Dance
Erina Library Port Macquarie Campbelltown Shell Harbour Memory Van Homebush Carnival of Pines Bexley Expo Sydney Metro (Memory Walk) Winston Hills Blue Mountains Lake Gilawarna Newcastle DAW Chinese Military Expo Community Oktoberfest event Winston Hills
16 Alzheimer’s Australia 2009
January February March April May June
Regional Regional Consumers Quality support NSW Carers’ NSW Consumer Consumer surveyed on: groups report Parliamentary keynote Committee: Committee: ‘Driving & Friends of address Bega, Armidale Sydney, Wagga, Dementia’ Dementia Port Macquarie, U.Syd Nutrition Orange Research Foundation Committee lecture
Blood Pressure Armidale visit: Senior’s Week: Seniors Week Access Call to slow the Research critical needs Premier’s Royal Easter Economics: Dementia findings with Dr Concerts expo Show chronic shortage Tsunami Michael of carers Valenzuela ABS statistics AlzNSW staff dementia 4th presentations to Pre budget leading killer of AA National submission to Australians Conference in Aust. Govt. Younger Onset Adelaide Summit: ACT
Port Macquarie GDU Support Dianna Kerr (UK) GDU Support seminar: “Living Groups Quarterly lecture on Groups Quarterly with dementia” Newsletter Dementia and Newsletter Disabilities
CDSE Easter Appeal Hunter Trivia Tax Time submissions Night Appeal International Women's Day Accountants breakfast Tennis Day
Newcastle Day Bega Cheese Anzac Day donation
Senior’s Dance
Bowral Hurstville Narromine, Picton, Narellan, Macarthur Camden Sutherland Mudgee, Western Carrington Coffs Harbour Oakley Park Wellington, Sydney, Wollondilly Preston Dubbo Orange, Narellan Pittwater Bathurst, Griffith Armidale Canowindra Coffs Harbour
Annual Report 08-09 17 The Board and Advisors
Board Members Board of Directors
Executive Under the constitution adopted on 28 Professor Peter Erne Baume AC November 2006, at each Annual General (Chairman) Meeting one third of the Directors must retire. The Directors to retire are those who have held Directors office the longest since last being elected or Ms Kim Appleby (to November 2008) appointed.
Mr Alistair Garrard Bell In 2008 / 09, there were 12 full Board meetings Ms Lucille Barbara Bloch of the Board of Directors. The Board’s role is to:
Professor Maree Gleeson Ensure Alzheimer’s Australia NSW Mr Barry James Groundwater remains focussed on its vision and mission Mr Ian Watts Horton Maintain an effective Constitution Approve and monitor the strategic plan Mr John Gerard Morrison Approve and monitor the operation and Mr Nicholas Kevin Francis O’Neill capital budgets Ms Catharine Josephine Retter Appointment if a Chief Executive Officer Ms Robin Joy Wirth (resigned 21 July 2009) Ratify staff appointments Ms Eesvarathevi Witt Review performance against agreed plans and budgets Dr Theam (Robert) Yeoh AM
Honorary Medical Advisors
Professor Henry Brodaty AO, MB BS, MD, FRACP, FRANZCP Dr Helen Creasey MB BS, FRACP Dr Michael Valenzuela B.Sc. (Psychol.) Hons UNSW, MBBS Hons USyd, Ph.D. UNSW
The Hon. Paul Lynch, Minister for Ageing and Disability and Professor Maree Gleeson (Director) at the NSW Parliamentary Friends of Dementia on 25 June 2009.
18 Alzheimer’s Australia NSW Advisory Council
The Advisory Council is a group of eminent supporters who kindly give of their time and expertise to advise AlzNSW across a range of strategic issues.
Barbara Cail AM (Chair) Ita Buttrose AO Robert Douglass The Hon John Fahey AC Kathryn Greiner AO Renata Kaldor AO Geraldine Paton AO The Hon Mahla Pearlman AO Imelda Roche AO Dagmar Schmidmaier AM Dorian Scott
NSW Parliamentary Friends of Dementia held on 25 June 2009. Pictured L to R: Geoff Provest MP (Member for Tweed), Robert Yeoh (Director), Alistair Bell (Director) and Rob Stokes MP (Member for Pittwater)
Annual Report 08-09 19 Concise Financial Report For The Year Ended 30 June 2009
Directors’ Report
The Directors present this report on the entity for the financial year ended 30 June 2009.
Directors
The names of each person who has been a director during the year and to the date of this report are:
Directors’ Names Years as Number of Number of Director Meetings Meetings Attended Eligible
Ms Kim Marie Appleby (retired 27 November 5 3 5 2008) Professor Peter Erne Baume AC - Chairman 3 12 12 Mr Alistair Garrard Bell 2 11 12 Ms Lucille Barbara Bloch 2 10 12 Professor Maree Gleeson 4 6 12 Mr Barry James Groundwater 2 8 12 Mr Ian Watts Horton 2 9 12 Mr John Gerard Morrison 6 11 12 Mr Nicholas Kevin Francis O’Neill 3 10 12 Ms Catharine Josephine Retter 2 12 12 Ms Robin Joy Wirth – Vice Chairman (resigned 8 7 12 21 July 2009) Ms Eesvarathevi (Eesa) Witt 3 11 12 Dr Robert Yeoh AM 15 6 12
Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.
Company Secretary
The following persons held the position of Company Secretary during the year:
Mr William Edward Northcote – Bachelor of Business, FCPA – CEO AlzNSW, resigned 30 September 2008
Professor Peter Erne Baume AC, Chairman AlzNSW held the position of Company Secretary from 1 October 2008 to 20 October 2008
The Hon. John Arthur Watkins – MA, L.L.B., Dip Ed – CEO AlzNSW was appointed as Chief Executive Officer and Company Secretary on 20 October 2008.
20 Alzheimer’s Australia NSW Principal Activities
The principal activity of the entity during the financial year was:
To provide services to Australians living with dementia through the provision of support, education, awareness and advocacy programs.
No significant changes in the nature of the entity’s activity occurred during the financial year.
Operating Results
The net deficit of the entity for the financial year amounted to $1,491,436 (2008: Surplus $877,047).
Dividends Paid or Recommended
The entity is not permitted to pay dividends in accordance with its Constitution.
Review of Operations
The deficit for the financial year was in sharp contrast to the surplus in the previous financial year. The main contributing factors to this result were:
(a) bequest income of only $36,446, a decrease of $672,639;
(b) capital grants from both government and non-government sources amounted to $191,136, compared to $706,858 received in the previous year which was mostly towards the establishment of the Hunter Dementia and Memory Resource Centre;
(c) increase in the depreciation and amortisation charges to $336,011 compared to the previous year’s figure which had been favourably impacted by the revaluation of the Vincent Fairfax Family Resource Centre and consequent write back of accumulated depreciation;
(d) net losses on sales of investments of $802,053 compared to a gain of $147,871 in the previous year.
State and Federal Government grants received decreased by 0.5% to $3,735,372. The percentage of govern- ment grants to total revenue, excluding bequests and loss on sale of investments, of 63.7% compares to 58.1% for 2007/2008 and 69.0% for 2006/2007. The decrease in grant revenue reflected the finalisation of two non-recurrent grants in 2007/2008.
Significant Changes in State of Affairs
There were no significant changes in the state of affairs of the entity that occurred during the financial year.
After Balance Date Events
No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the entity, the results of those operations, or the state of affairs of the entity in future financial years.
Future Developments
The entity expects to maintain the present status and level of operations and hence there are no likely devel- opments in the entity’s operations.
Environmental Issues
The entity’s operations are not regulated by any significant environmental regulation under a law of the Com- monwealth or of a State or Territory.
Options
No options over issued shares or interests in the entity were granted during or since the end of the financial year and there were no options outstanding at the date of this report.
Annual Report 08-09 21 Information on Directors
For information on directors please refer to pages 8-11.
Indemnifying Officers or Auditor
Other than detailed below no indemnities have been given by the entity, during or since the end of financial year, for any person who is or has been an officer or auditor of the entity.
The entity has paid premiums to insure all directors and officers against loss arising from any claim made against them jointly or severally by reason of any wrongful act committed or alleged to have been committed in their capacity as a director or officer of the Company.
Proceedings on Behalf of the Entity
No person has applied for leave of Court to bring proceedings on behalf of the entity or intervene in any proceedings to which the entity is a party for the purpose of taking responsibility on behalf of the entity for all or any part of those proceedings.
The entity was not a party to any such proceedings during the year.
Auditor’s Independence Declaration
A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is attached.
Signed in accordance with a resolution of the Board of Directors:
Director Director
Professor Peter Baume AC John Morrison
Dated at North Ryde this 24th day of September 2009
22 Alzheimer’s Australia NSW Annual Report 08-09 23 Concise Financial Report Income and Expenditure Statement for the year ended 30 June 2009
Note 2009 2008 $ $
Revenue from ordinary activities 2 5,099,004 7,171,876
Employee related expenses (4,449,045) (4,039,763)
Depreciation and amortisation 3 (336,011) 135,302
Partnership payments (75,608) (155,943)
Property expenses (536,464) (540,694)
Administrative expenses (314,933) (338,780)
Special event expenses (36,494) (79,679)
Information technology expenses (20,825) (23,724)
Direct program expenses (344,699) (289,828)
Other expenses from ordinary activities (476,361) (429,820)
Impairment of investments - (531,900)
(Deficit)/surplus before income tax expense (1,491,436) 877,047
Income tax expense - -
(Deficit)/surplus after income tax (1,491,436) 877,047
The concise financial report is an extract of the full financial report for the year ended 30 June 2009. The financial statements, specific disclosures and other information included in the concise financial report are derived from and are consistent with the full financial report of Alzheimer's Australia NSW. The concise financial report cannot be expected to provide as detailed an understanding of the financial performance, financial position and financing and investing activities of Alzheimer's Australia NSW as the full financial report. A copy of the full financial report and auditor's report will be sent to any member, free of charge, upon request.
24 Alzheimer’s Australia NSW Concise Financial Report Balance Sheet as at 30 June 2009
Note 2009 2008 $ $ CURRENT ASSETS Cash and cash equivalents 4 2,258,857 3,114,483 Receivables 133,466 128,134 Financial assets 5 1,485,802 2,657,377 Other current assets 100,900 72,871
TOTAL CURRENT ASSETS 3,979,025 5,972,865
NON-CURRENT ASSETS Other financial assets 5 412,300 385,484 Property, plant and equipment 6 3,286,648 3,602,982
TOTAL NON-CURRENT ASSETS 3,698,948 3,988,466
TOTAL ASSETS 7,677,973 9,961,331
CURRENT LIABILITIES Trade and other payables 7 1,424,269 1,651,734 Short-term provisions 8 325,403 267,280
TOTAL CURRENT LIABILITIES 1,749,672 1,919,014
NON-CURRENT LIABILITIES Payables 7 33,054 453,589
TOTAL NON-CURRENT LIABILITIES 33,054 453,589
TOTAL LIABILITIES 1,782,726 2,372,603
NET ASSETS 5,895,247 7,588,728
MEMBERS' FUNDS
Investments revaluation reserve (209,517) (7,472) Asset revaluation reserve 40,155 40,155 Accumulated surplus 6,064,609 7,556,045
TOTAL MEMBERS' FUNDS 5,895,247 7,588,728
Annual Report 08-09 25 Concise Financial Report Statement of Changes in Member’s funds for the year ended 30 June 2009
2009 2008 $ $
Investments Revaluation Reserve
Balance at 1 July 2008 (7,472) 499,738
Reversal of reserve arising from impairment of financial assets - (507,210)
Revaluation (decrements) (202,045) -
Balance at 30 June 2009 (209,517) (7,472)
Asset Revaluation Reserve
Balance at 1 July 2008 40,155 -
Revaluation of building - 40,155
Balance at 30 June 2009 40,155 40,155
Accumulated Surplus
Retained surplus at 1 July 2008 7,556,045 6,678,998
Net (deficit)/surplus for the year attributable to the members (1,491,436) 877,047
Retained Surplus at 30 June 2009 6,064,609 7,556,045
Total Members' Funds
Balance at 1 July 2008 7,588,728 7,178,736
Net (deficit)/surplus for the year attributable to members (1,491,436) 877,047
Revaluation of investments (decrements) (202,045) (1,039,110)
Impairment of investments reversed to income and - 531,900 expenditure statement
Revaluation of building increment - 40,155
Balance at 30 June 2009 5,895,247 7,588,728
26 Alzheimer’s Australia NSW Concise Financial Report Cash Flow Statement for the year ended 30 June 2009
Note 2009 2008 $ $
CASH FLOWS FROM OPERATING ACTIVITIES
Government and other grants received 3,891,709 5,106,199 Other receipts 1,116,336 1,325,757 Dividends received 389,013 256,088 Interest received 150,660 181,336 Payments to suppliers and employees (6,561,275) (6,156,644)
Net cash generated from operating activities (1,013,557) 712,736
CASH FLOWS FROM INVESTING ACTIVITIES
Payment for property, plant and equipment (19,678) (675,035) Proceeds from sale of property, plant and equipment 500 - Proceeds from sale of investments 750,584 1,132,348 Payments for investments (609,921) (1,022,749)
Net cash generated by/(used in) investing activities 121,485 (565,436)
CASH FLOWS FROM FINANCING ACTIVITIES
Bequests received 36,446 709,085
Net cash generated by financing activities 36,446 709,085 Net (decrease)/increase in cash held (855,626) 856,385 Cash at the beginning of the financial year 3,114,483 2,258,098 Cash at the end of the financial year 4 2,258,857 3,114,483
Annual Report 08-09 27 Notes to the Concise Financial Report for the year ended 30 June 2009
NOTE 1: BASIS OF PREPARATION OF THE CONCISE FINANCIAL REPORT
The concise financial report is an extract of the full financial report for the year ended 30 June 2009. The concise financial report has been prepared in accordance with Accounting Standards AASB 1039: Concise Financial Reports, and the Corporations Act 2001.
The financial statements, specific disclosures and other information included in the concise financial report are derived from and are consistent with the full financial report of Alzheimer's Australia NSW. The concise financial report cannot be expected to provide as detailed an understanding of the financial performance, financial position and financing and investing activities of Alzheimer's Australia NSW as the full financial report. A copy of the full financial report and auditor's report will be sent to any member, free of charge, upon request.
The financial report of Alzheimer's Australia NSW complies with all Australian equivalents to International Financial Reporting Standards (AIFRS) in its entirety. The presentation currency used in the concise financial report is Australian dollars.
NOTE 2: REVENUE 2009 2008 $ $ Operating activities
- State/Federal government grants 3,735,372 3,753,289 - Non-government grants 140,823 275,537 - State/Federal capital grants 50,313 431,321 - Non-government Capital grants 110,351 95,801 - Donations, appeals and corporate sponsorship 786,063 783,805 - Special events - fundraising 14,511 15,988 - In Memoriam 91,128 103,888 - Management fees - 35,000 - Membership fees 68,238 63,591 - Sales of goods 44,154 36,713 - Consultation and course fee income 149,287 177,863 - Rental income 75,186 64,248 - Other revenue 59,012 40,452 5,324,438 5,877,496
Non-operating activities
- Bequests 36,446 709,085 - Interest received 150,660 181,336 - Dividends received 389,013 256,088 - Gain/(Loss) on disposal of non-current assets 500 - - Gain/(Loss) on sale of investments (802,053) 147,871 (225,434) 1,294,380
Total revenue 5,099,004 7,171,876
28 Alzheimer’s Australia NSW Notes to the Concise Financial Report for the year ended 30 June 2009
NOTE 3: SURPLUS FROM ORDINARY ACTIVITIES 2009 2008 $ $ Surplus from ordinary activities has been determined after:
Expenses
- Depreciation and Amortisation: Buildings 135,944 (286,371) Deferred lease charges 5,923 5,923 Leasehold improvements 73,329 31,097 Furniture and equipment 89,705 74,843 Motor vehicles 31,110 39,206 336,011 (135,302)
- Amounts set aside as a provision for employee entitlements 58,123 37,963
- Net (gain)/loss on sale/trade-in of property, plant and equipment (500) -
- Net (gain)/loss on sale of investments 802,053 (147,871)
- Rental Expenses 405,121 409,437
NOTE 4: CASH AND CASH EQUIVALENTS
Cash on hand 2,500 2,300 Cash at bank 83,481 728,490 At call accounts 1,596,519 1,705,335 Cash management accounts 57,720 122,373 1,740,220 2,558,498 Term deposits - at cost 518,637 555,985 2,258,857 3,114,483 NOTE 5: OTHER FINANCIAL ASSETS
CURRENT Investments in listed corporations - at fair value 1,421,459 2,593,034 Fixed term securities - at cost 64,343 64,343
1,485,802 2,657,377 NON-CURRENT State government treasury bonds - at fair value 412,300 385,484
NOTE 6: PROPERTY, PLANT AND EQUIPMENT
Land and Buildings Freehold land - at fair value 440,000 440,000 Leasehold land - at cost 296,167 296,167 Less: accumulated amortisation (85,947) (80,024) 210,220 216,143 Total Land 650,220 656,143
Annual Report 08-09 29 Notes to the Concise Financial Report for the year ended 30 June 2009
NOTE 6: PROPERTY, PLANT AND EQUIPMENT (Continued) 2009 2008 $ $ Buildings:
On Freehold land - at fair value 698,449 690,740 Less: accumulated depreciation (32,425) (6,370)
666,024 684,370
On Leasehold land - at fair value 1,905,000 1,905,000 Less: accumulated depreciation (219,778) (109,889)
1,685,222 1,795,111
Total Buildings 2,351,246 2,479,481
Total Land and Buildings 3,001,466 3,135,624
Leasehold improvements - at cost 367,683 367,683 Less: accumulated depreciation (313,598) (240,269)
54,085 127,414
Furniture and equipment - at cost 800,996 1,038,071 Less: accumulated depreciation (678,141) (835,347)
122,855 202,724
Motor vehicles - at cost 349,362 347,231 Less: accumulated depreciation (241,120) (210,011)
108,242 137,220
Total property, plant and equipment 3,286,648 3,602,982
NOTE 7: PAYABLES
CURRENT Trade payables 27,632 8,931 Sundry payables and accruals 379,702 522,203 Deferred income - Grants and monies in advance 997,810 1,095,100 Fit-out lease incentive 19,125 25,500 1,424,269 1,651,734
NON-CURRENT Fit-out lease incentive - 19,125 Deferred income - Monies in advance 33,054 434,464 33,054 453,589
30 Alzheimer’s Australia NSW Notes to the Concise Financial Report for the year ended 30 June 2009
NOTE 8: PROVISIONS 2009 2008 $ $ CURRENT Employee benefits 325,403 267,280
Aggregate employee benefits liability 325,403 267,280
No. No.
Number of employees at year end 67 63
NOTE 9: ADDITIONAL INFORMATION FURNISHED UNDER THE CHARITABLE FUNDRAISING ACT, 1991 OF NSW
Reportable fundraising refers to "fundraising appeal" as referred to and defined in sections 3, 4 and 5 of the Charitable Fundraising Act, 1991.
Non-reportable fundraising refers to all other fundraising income which is not included under these sections of the Charitable Fundraising Act, 1991.
(a) Details of aggregate gross income and total expenses in fundraising appeals
Gross proceeds: Donations 418,805 412,393 Special Events 37,269 -
Gross proceeds from fundraising appeals 456,074 412,393
Total expenditure: Donations 147,557 168,707 Special Events 16,169 -
Total costs of fundraising appeals 163,726 168,707
Net surplus from fundraising appeals 292,348 243,686
(b) Application of funds for charitable purposes
During the year the entity achieved a net surplus of $292,348 (2008 $243,686) from fundraising activities defined under the Charitable Fundraising Act. This surplus contributed towards funding the following pro- gram operating deficits:
- Community education, awareness and social research 543,209 243,966 - Policy and advocacy 157,459 140,111 - Helpline and counselling 68,333 122,381 - Library and information services 137,352 181,878
(c) Fundraising appeals conducted during the financial year
During both the 2008/2009 and the 2007/2008 financial years direct mail appeals were held at September (Spring), December (Christmas), March (Easter) and June (Tax appeal).
Annual Report 08-09 31 Notes to the Concise Financial Report for the year ended 30 June 2009
(d) Gross comparisons including fundraising not covered by the Charitable Fundraising Act
Cost Income 2009 2008 $ $ % %
Total cost of reportable fundraising/Gross proceeds from reportable fundraising 163,726 456,074 36% 41%
Non-reportable:
Bequests 12,355 36,446 34% 5%
Other Donations 287,258 478,882 60% 38%
Other Fundraising 28,930 40,365 72% 54%
Total cost of all fundraising/Gross proceeds from all fundraising 492,269 49% 26%
(e) Gross comparisons of monetary figures and percentages
Total cost of reportable fundraising/Gross proceeds from report- able fundraising 163,726 456,074 36% 41% Net surplus from reportable fundraising/Gross proceeds from re- portable fundraising 292,348 456,074 64% 59% NB: Reportable fundraising excludes donations from members, unsolicited donations and bequests.
(f) Service delivery cost ratios
Expenditure ratio = Total cost of services/Total operating expenditure 5,092,821 6,590,440 77% 93%
Income ratio = Total cost of services/Total operating income 5,092,821 5,864,644 87% 85%
NB: Operating income excludes bequests and realised investment gains/losses. NB: Cost of services includes all costs related to providing services to people living with dementia.
NOTE 10: EVENTS SUBSEQUENT TO BALANCE DATE
There have been no material events that would significantly affect the accounts of the Company in an adverse manner.
32 Alzheimer’s Australia NSW Notes to the Concise Financial Report for the year ended 30 June 2009
NOTE 11: DISCUSSION AND ANALYSIS OF THE FINANCIAL STATEMENTS
Information on Alzheimer's Australia NSW Concise Financial Report
The discussion and analysis is provided to assist members in understanding the concise financial report. The discussion and analysis is based on Alzheimer's Australia NSW financial statements and the information contained in the concise financial report has been derived from the full 2009 Financial Report of Alzheimer's Australia NSW.
Income Statement
The deficit from ordinary activities after income tax for the year of $1,491,436 was a turnaround of $2,368,483 compared to 2008. This turnaround was contributed to by the following factors:
(a) a decrease in bequest income from $709,085 in 2007/2008 to only $36,446 in 2008/2009,
(b) 2007/2008 income included capital grants and donations towards the construction of the Hunter Dementia and Memory Resource Centre totalling $464,415. In comparison there were no major capital grants received in 2008/2009,
(c) realised investment losses of ($802,053) in 2008/2009 compare to realised gains of $147,871 in 2007/2008, and
(d) the revaluation of the Vincent Fairfax Family Resource Centre in 2007/2008 allowed for the write back of accumulated depreciation of $467,442, which has resulted in the higher depreciation charges for 2008/2009 of $471,313.
State and Federal Government operating grants received decreased by 0.5% to $3,735,372. The percentage of government grants to total revenue, excluding bequests and loss on sale of investments, of 63.7% compares to 58.1% for 2007/2008 and 69.0% for 2006/2007. This decrease in grant revenue reflected the finalisation of two non-recurrent grants in 2007/2008.
Balance Sheet
Total assets decreased by $2,283,358 representing an decrease of 22.9%. The increase was mainly attributable to the following:
(a) The carrying value of property, plant and equipment decreased during the year by $316,334 mainly due to depreciation charges of $336,011.
(b) The carrying value of financial assets decreased during the year by $1,171,575 due to further weakening of the Australian share market.
(c) The balance of cash and cash equivalents decreased during the year by $855,626 mainly due to significant reduction in bequest income and grants received.
Cash Flow Statement
Cash flows showed a decline of $1,712,011 compared to 2008, due mainly to a decrease in government and other grants received of $1,214,490 and bequests received of $672,639.
Annual Report 08-09 33 34 Alzheimer’s Australia NSW Annual Report 08-09 35
Contact Us
Administration Dementia and Memory Dementia and Memory Community Centre Community Centre Alzheimer’s Australia NSW Vincent Fairfax Family 5 Hill Street Level 1 Resource Centre BEGA NSW 2550 40-52 Talavera Road 120 Cox’s Road Telephone: 02 6492 6158 (corner Khartoum Road) (corner Norton Road) NORTH RYDE NSW 2113 NORTH RYDE NSW 2113 Hunter Dementia and Telephone: 02 9888 4200 Memory Resource Centre Postal address: 2 Percy Street PO Box 6042 Dementia and Memory HAMILTON NSW 2303 NORTH RYDE NSW 2113 Community Centre Telephone: 02 9805 0100 Telephone: 02 9805 0100 Shop 2 Facsimile: 02 9805 1665 146-150 Gordon Street Email: [email protected] PORT MACQUARIE NSW 2444 Telephone: 02 65847444
National Dementia Helpline: 1800 100 500
Website: www.alzheimers.org.au