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2006 ISAF Annual Report and Financial Statements

Contents

Part I - Committee Reports 1 President’s Message 3 Secretary General’s Report 5 Constitution Committee 18 Equipment Committee 19 Events Committee 20 2006 ISAF World Games 22 2006 Volvo Youth Sailing ISAF World Championship 24 ISAF Classes Committee 26 Committee 27 Dexia Private Banking ISAF Women’s Match Racing World Championship 2006 29 ISAF Nations Cup 2006 30 Offshore Committee 31 ISAF Offshore Team World Championship 2006 33 Race Officials Committee 34 Racing Rules Committee 36 Regional Games Committee 37 Committee 38 Women’s Sailing Committee 39 Youth and Development Committee 40 2006 ISAF Approved World Champions 42

Part II - Accounts 45 Director’s Report 46 Independent Auditors’ Report to the Members of International Sailing Federation Limited 47 Consolidated Income and Expenditure Account 48 Consolidated Balance 49 Parent Balance Sheet 50 Consolidated Cash Flow Statement 51 Notes to the Financial Statements 52

Part III - 2007 Budget 59 Income 60 Expenditure 60

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Part I

Committee Reports

President’s Message

There were continents. Most importantly the ISAF Sailing numerous © will be a real partnership between achievements ISAF, event organizers, sailors, MNAs, classes, of note in 2006, media, sponsors and other stakeholders to many of which are promote the very exciting world of Olympic highlighted in this sailing. Annual Report. Most importantly Reflecting the increased professionalism of the sport of sailing sailing, I have appointed a working party to look continues to at the professional aspects of our sport, and flourish. to consider the services ISAF could provide, whether it be for sailors or event organizers or The world in which others involved in this arena. we operate will keep on being subject to rapid change, the Our sport has a proud track record of fostering nature of which may be difficult to predict. innovation and 2006 has been no different. ISAF’s aims to respond speedily and positively Whether it be developments in design and to opportunities and challenges as they appear. technology at the America’s Cup, the equipment The ongoing development of the ISAF Strategic being used to set new world speed records or Plan is a strong focus in enabling ISAF to the digital and graphic technology which will achieve its goals. help explain our sport, ISAF will continue to encourage innovation. Success relies on competent governance and through the Strategic Plan, ISAF has been Of significant note during 2006 have been reviewing the effectiveness of the organization the results achieved by nations who have not to ensure we have a sound structure able previously found themselves on the medal to deliver in the best interests of the sport. podium. I would specifically like to congratulate Through our decisions, combined with the best Lijia XU from China who won the gold medal interests of our sport, we must be aware of our at the Radial World Championships this competition – the other sports and the other year. Her achievement marked the first World recreational interests for youth and the wider Championship title in an Olympic Class for population. China. The number of nations achieving at elite competition is increasing, and I applaud your The significant outcome of the ISAF Strategic successes. Plan during 2006 was the priority placed on marketing. Through the creation of a dedicated In the future, ISAF will increase its focus on the Marketing and Media department, ISAF aims development of the sport, through the work of the to realise the commercial potential of sailing. ISAF Committee and Secretariat, and initiatives We aim to increase the profile of the sport and such as the established Connect to Sailing develop strategic commercial alliances. ISAF programme. One of ISAF’s objectives is to will also ensure modern technology and the promote sailing as a major participatory lifetime opportunities of new media are embraced. sport and provide increased opportunities to participate. Development and participation are ISAF took a major step in 2006 with the decision the key to the ongoing success of our sport, and to introduce the ISAF . together we must ensure a sport of quality. Essentially, a world tour for Olympic Classes which will provide the platform Olympic sailing My thanks to the many dedicated volunteers so desperately needs between the Olympic with ISAF who support ISAF in our work. From Games. The ISAF Sailing World Cup will those out on the water managing the sport in launch in 2008 and will be further expanded in competition, to those reviewing the detail and future years to embrace host venues from all attending meetings regarding cross-border

3 President’s Message

legislation which affects our sport, to those ISAF Council supporting the next generation of sailors - I pay Göran PETERSSON (SWE) - President tribute to you all. His Majesty King Harald V of - President of Honour His Majesty King Constantine - President of Honour The volunteers within ISAF are of course a George ANDREADIS (GBR) - Vice-President Fiona BARRON (GBR) - Vice-President significant but small percentage of the vast David IRISH (USA) - Vice-President pool of volunteers around the world who ensure David KELLETT (AUS) - Vice-President the future of our sport. I would therefore also Teresa LARA (VEN) - Vice-President like to use this opportunity to thank the many Teo Ping LOW (SIN) - Vice-President & Treasurer Nucci NOVI CEPPELLINI (ITA) - Vice-President other supporters – sailors, MNAs, Classes, Chris ATKINS (GBR) Committee Members, Race Officials, Clubs, John CREBBIN (IRL) boating industry, sponsors – Thank You. Dierk THOMSEN (GER) Helmut JAKOBOWITZ (AUT) Kamen FILLYOV (BUL) Tomasz HOLC (POL) Jean-Pierre CHAMPION (FRA) Sergio GAIBISSO (ITA) Nazli IMRE (TUR) Gerardo POMBO (ESP) Henri VAN DER AAT (NED) (DEN) Carin HILDEBRAND (SWE) Göran Petersson Alexander KOTENKOV (RUS) ISAF President Saeed HAREB (UAE) Quanhai LI (CHN) Takao OTANI (JPN) Sailing – a lifetime’s sport Ajay BALRAM (IND) Joe BUTTERFIELD (NZL) David TILLETT (AUS) Maximo RIVERO KELLY (ARG) Harry ADLER (BRA) Jane MOON (CAY) Eric TULLA (PUR) Charles COOK (USA) Cory SERTL (USA) David SPRAGUE (CAN) Ross ROBSON (RSA) Jeff MARTIN (GBR) - ICC representative Philip TOLHURST (GBR) - Offshore representative Fiona KIDD (CAN) - Women’s representative

ISAF Members 2006 Total at end of year Member National Authorities 121 Affiliate Continental Members 2 Affiliate Members 5 ISAF Executive Committee - left to right (back row) David Recognized Organizations 1 KELLETT (AUS), David IRISH (USA), Teo Ping LOW (SIN) (Treasurer), Arve SUNDHEIM (NOR) (Secretary General), Olympic Classes 9 His Majesty King Contantine (President of Honour), His Majesty King Harald V of Norway (President of Honour), International Classes 55 George ANDREADIS (GRE) - (front row) Teresa LARA (VEN), Recognized Classes 24 Nuci NOVI CEPPELLINI (ITA), Göran PETERSSON (SWE) (President) & Fiona BARRON (GBR). Classic Yacht Classes 3 © Per Heegaard/ISAF International Rating Systems 3

2006 ISAF Meetings Meeting Committees Venue Dates ISAF Annual Conference Council, Executive and all ISAF Committees , 2-12 November ISAF Mid-Year Meeting Council, Executive, Equipment & Events Committees Berlin, 4-8 May Goteborg, 3-5 February ISAF Executive Executive Committee Estoril, 27 June Committee Meetings Southampton, Great Britain 1-3 September 4 Secretary General’s Report

Council and Executive ISAF gave its approval to the creation of the new Committee World Match Racing Tour to incorporate the ISAF Decisions World Match Racing Championship and ISAF There follows an Special Event status was granted. The Tour was overview of the key launched in February 2006. decisions affecting the sport taken by RS:X the ISAF Council The inaugural men’s and women’s World and Executive Championships for the RS:X, the equipment for Committee during the Olympic windsurfing event, were approved to 2006. be held in in September 2006. Competition Race Offi cials Support was given to reviewing the fees paid to ISAF Sailing World Cup Umpires at graded match racing events to reflect Following on from the decision taken in November the professional commitment required to officiate 2005, the concept of the ISAF Sailing World Cup at high level events, with the first review taking for Olympic classes was further developed in 2006. place during 2007. The President remarked in his opening address to Council, ‘ISAF has to respond to the requirements Racing Rules of Sailing of being an Olympic sport and maximise the RRS Appendix P2.3 was amended to allow sailors Olympic opportunity’. The launch of the ISAF to continue in a regatta series after three RRS42 Sailing World Cup was supported as a vital step penalties, rather than being excluded from the towards meeting those challenges. entire series. The ISAF Sailing World Cup was approved as a Medal Race Format series of events combined under the umbrella of the World Cup, with , Rolex Miami Approval was given to extend the Medal Race OCR, Princess Sofia Trophy, Semaine Olympique format used at the Olympic Sailing Competition, to Française, Holland Regatta and Week all be used in a consistent format for the ISAF Sailing scheduled as part of the initial series, which will World Championships, Olympic Test Event and start no later than 2008. ISAF Grade 1 Olympic Class events.

Regional Games Underlining ISAF’s commitment to support women A new under-21 division was approved for the in sailing, when Olympic Equipment designated ISAF Team Racing World Championship, with for women is used at Regional Games, ISAF effect from 2007. will require that the Organizing Committees shall include the equipment in a separate women’s event in accordance with the Olympic Sailing Technical Competition programme In-House Certifi cation (IHC) Volvo Youth Sailing ISAF World Championships Approval was given to the IHC project and budget requirements and the project was launched in Approval was given to use the for the boy’s June 2006. The focus of the project is initially on and girl’s two person dinghy events, the RS:X for the Olympic and Youth Classes (subject to class the boy’s and girl’s windsurfing events and the association approval). Sirena SL16 for the open event at the 2008 Youth Worlds. The equipment for the boy’s Measurement Structure and girl’s one person dinghy events remain as the Laser and respectively. Revisions were approved to the existing International Measurer structure to support Nationality the In-House Certification programme with the The ISAF nationality requirements have been introduction of the status of National Measurer, waived for future ISAF Offshore Team World ISAF Measurer and ISAF Equipment Inspector. Championships.

5 Secretary General’s Report

Standard Parameters and Notations professionals in training who can support ISAF and its members in providing expertise in the delivery A working party was appointed to review the of training material. standard parameters and notations for the description of to provide unified definitions, IOC Women in Sport Awards primarily for use in connection with rating systems, empirical handicapping and class rules. The following ISAF Committee Members were nominated for the IOC Women in Sport Awards: Observation Trials • Cathy FOSTER (GBR) – The criteria for boats entering the Women’s High • Adrienne GREENWOOD (NZL) – Oceania Performance Two Person Dinghy Observation • Fiona KIDD (CAN) – America’s Trials were confirmed, with boats being sought which sail faster off the wind than the wind, are Governance mainly suitable to female crews, are easy to recover after capsize and which have optional Council Rules of Procedure characteristics of a twin and asymmetric Council approved Rules of Procedure for Council spinnaker. The Trials were postponed from Autumn meetings, setting out Agenda content, production 2006 and will take place from 16-19 April 2007. of minutes, rules of debate and attendance.

ISAF Small Craft Safety Awareness Scheme Coaches Commission Funding was approved to launch an ISAF The ISAF Coaches Commission was formed and Small Craft Safety Awareness Scheme, with held its first meeting at the Annual Conference, recommendations on safety equipment, trapeze with George FUNDAK (AUT) appointed as chair. A harnesses, buoyancy and entrapment. main focus will be the development of a Coaches Code of Conduct. Development Athletes’ Commission ISAF Strategic Plan The Athletes’ Commission met at the Annual The ISAF Strategic Plan was further progressed Conference, with an expanded membership to throughout 2006 with Project Groups appointed to include representation from each of the eleven make specific proposals on the nine Objectives, Olympic events. (NED) before the proposals were referred to ISAF was appointed as chair. Committees to action in November 2006. Women’s Representation ISAF Development Award Considerable debate took place on the A new ISAF Development Award in recognition of representation of women in ISAF and on the ISAF development initiatives was introduced which will be Council, with a working party appointed to make awarded by the ISAF President. recommendations for further consideration in 2007. Training Commission A Training Commission was appointed, formed of ISAF Membership The ISAF Regulations were amended to ease the criteria to become an ISAF Full Member because sports structures in some countries can make it difficult to comply with the ISAF membership criteria. Changes were also made to the criteria for recognition as an ISAF Continental Association to ensure that Associations meet constitutional standards such as member representation. ISAF Awards ISAF Trophy Ken RYAN (IRL) was presented with the 2006 ISAF Beppe Croce Trophy. The presentation was made Ken RYAN (IRL) - presented with the ISAF Beppe Croce Trophy by ISAF President Göran PETERSSON (SWE). at a dinner hosted by Sanpellegrino during the © Getty Images 6 Secretary General’s Report

2006 ISAF Mid-Year Meeting in Berlin, Germany. At the Annual Conference, ISAF awarded the 2007 ISAF Beppe Croce Trophy to the IOC President, Jacques ROGGE (BEL). The presentation will take place during the 2007 Mid-Year Meeting in , .

ISAF Rolex World Sailor of the Year Awards The winners of the ISAF Rolex World Sailor of the Year Awards are voted for by the ISAF MNAs. Mike SANDERSON (NZL) won the 2006 male award and (USA) picked up the female award. The presentation took place during the Paige RAILEY (USA) and Mike SANDERSON (NZL) - 2006 ISAF Rolex World Sailor of the Year Award winners. 2006 Annual Conference in Helsinki, Finland. © Carlo BORLENGHI/Rolex

Membership gyradius control on the keelboats at the Olympics, and replace the measurement with testing of the Full Members using ultrasonic gauges. The Sailing Association of Serbia was approved Reflecting concerns over material availability and as an ISAF Full Member as the successor to the costs, approval was given to replace the carbon Sailing Federation of Serbia and Montenegro. fibre content in the RS:X with Technora fibre or Classes glass fibre. The following classes were granted ISAF Status: Competition Format ISAF International Status As part of ISAF’s commitment to ensure the sport is • RS Feva – dinghy attractive for media and spectators, a new course • RS:X – windsurfer format for the windsurfing events was approved. ISAF Recognized Status The course adds a technical slalom finish with two or three marks at the end of the course and will be • – dinghy used at the 2008 Olympic Sailing Competition. • Musto Performance – dinghy Olympic Classes Sub-Committee (OCSC) • X-35 – keelboat The OCSC was created in 2006, with representation Continental Members from each of the eleven Olympic events. Malav The South American Sailing Federation was SHROFF (IND) was appointed as chair. Reporting approved as an ISAF Continental Member. through the ISAF Classes Committee, the OCSC’s remit includes promoting the welfare and growth of Affi liate Members the Olympic Classes and sailors. The International Sailing Coaches Association Selection of Olympic Events (ISCA) was approved as an ISAF Affiliate Member. The appointment of a working party was approved to undertake research on suitable events for the Olympic Sailing Competition 2012 Olympic Sailing Competition. The working party will provide the necessary information to Race Offi cials ISAF and the decision on the ten sailing events Approval was given to the Race Officials pool from will be made at the 2007 Annual Conference. which the ISAF Technical Officials for the 2008 Olympic Sailing Competition will be drawn. Dick Promotion BATT (GBR) was appointed as Chief Measurer Race Offi cials Uniform and David TILLETT (AUS) as Chairman of the Jury for the 2006 and 2007 Test Events and the 2008 Approval was given to the introduction of an ISAF Olympic Sailing Competition. Race Officials uniform. To be launched in 2007 the uniform will be phased in for all ISAF Race Equipment Control Officials over the coming years. ISAF welcomes Approval was given to discontinue the regular Helly Hansen as it’s Official Clothing Partner.

7 Secretary General’s Report

ISAF Logo Single-Person and Three-Person Keelboats in , from 10 - 26 January. The event Recognizing the difficulties in reproducing the attracted 70 athletes from 14 nations, with six horizontal lines within the ISAF logo, a new solid nations from each event qualifying for the 2008 (block colour) ISAF logo was approved. Paralympic Sailing Competition. A special edition ISAF Centenary logo was also The IFDS International Multihull Championship approved for use throughout 2007. took place from 3 - 11 August in Rutland, GBR. This report is an overview of the key decisions 24 athletes from ten nations competed, sailing made by ISAF in 2006. The specific areas of work Challenger . undertaken by the ISAF Committees and ISAF From 20 - 27 September, the New York Yacht Secretariat are detailed in the following sections of Club hosted the IFDS Blind Sailing World this Annual Report. Championships, which hosted 80 athletes from ISAF Affi liate Members nine nations competing in Sonars and J/22s. The increasing inclusion of the Paralympic events The following gives an overview of the key areas of at all Olympic Class events is welcomed. work by the ISAF Affiliate Members during 2006. Sailing was included for the first time on the International Association For Disabled Sailing programme of the Far East and South Pacific (IFDS) Games for the Disabled Games (FESPIC) which During 2006 IFDS reviewed its organization took place from 25 November - 1 December 2006. structure and expanded its Committees and The sailing event was held from Port Dickson in Committee membership, with the appointment Malaysia using the Access Liberty and Access 2.3 of a Sailors’ Advisory Council and Coaches and ten nations were represented by 26 athletes. Commission. In the development arena, the IFDS Young Enabled In 2005 the SKUD18 was selected as the Sailors (YES) Programme, has stimulated the equipment for a new two person keelboat event formation of focus groups to deliver the objective at the Paralympic Sailing Competition in 2008 and of growing a network of disabled sailing, to share 2012. The IFDS Functional Classification System ideas and best practice, create opportunities and (FCS) was subsequently updated during 2006 to develop regional events to introduce sailors to include details of the classification requirements racing. for sailors in this event. IFDS elections of officers were held at the IFDS The evaluation of possible equipment for the Annual General Meeting in November 2006. Serge single person and three person keelboat events JORGENSEN (USA) was re-elected as President at the 2012 Paralympic Sailing Competition was and two new officers were elected to the IFDS approved. An Equipment Evaluation Commission Executive Committee - Linda MERKLE (USA) and will be appointed in 2007. David STALEY (AUS). The first IFDS event to take place in 2006 was Thanks were expressed to the retiring Executive the IFDS Disabled Sailing World Championship, members Ian HARRISON (GBR) and Phil VARDY (AUS), although both continue to support IFDS, being co-Technical Delegates for the 2008 Paralympic Sailing Competition. Ian also continues as chair of the IFDS Events and Scheduling Committee.

Radio Controlled Sailing The Class World Championship was held in Great Britain, with 52 entries from ten nations sailing 33 races. The current Radio Sailing Division intends to change its organization structure to enable radio sailing classes to become ISAF Classes, rather Helena LUCAS (GBR) - nominated for the ISAF Rolex World Sailor of the Year Award after outstanding achievements in the than be recognized under the current collective 2.4mR and the . affiliate membership provided by the Radio Sailing © Adam MAY Division.

8 Secretary General’s Report

Details of Records Ratified by the Speed Records Council in 2006

Skipper Nation Yacht Name of Record Time/Distance/Speed Dates ABN AMRO Greatest distance sailed by a 562.96 nm Sébastien JOSSE FRA 10-11 January TWO Monohull in 24 hours average speed 23.45 knots Méditatis Région Greatest distance sailed in 24 597.808 nm Yves PARLIER FRA 9-10 April Aquitaine hours - up to 60ft average speed 24.91 knots Ellen Initial World Record - Taipei, 2 days, 16 hours, 46 GBR B&Q 20-23 April MACARTHUR TPE to Hong Kong, HKG minutes & 32 seconds Oliver DE Initial World Record - Yokohama, 4 days, 17 hours, 47 FRA Geronimo 2-7 May KERSAUSON JPN to Hong Kong, HKG minutes & 23 seconds 21 November Around the World Westabout, 178 days, 3 hours, 5 Dee CAFFARI GBR Aviva 2005 - 18 May Single-handed Non-stop Women minutes & 34 seconds 2006 Méditatis Région Greatest distance sailed in 24 586 nm Yves PARLIER FRA 18-19 May Aquitaine hours - single-handed average speed 24.41 knots Transpacific East to West, Olivier DE 13 days, 22 hours, 38 FRA Geronimo Yokohama, JPN - San 29 May - 12 June KERSAUSON minutes & 28 seconds Francisco, USA Transatlantic West to East, 4 days, 8 hours, 23 Bruno PEYRON FRA Orange II Ambrose Light, USA - Lizard 2-6 July minutes & 54 seconds Point, GBR Greatest distance sailed in 24 766.8nm Bruno PEYRON FRA Orange II 2-3 July hours - outright average speed 31.95 knots Honolulu, Hawaii, USA - 13 days, 3 hours, 36 Yoshiki KANAI JPN BeeCom Yokohoma, JPN (initial record 10-24 July minutes & 18 seconds monohull) Channel Crossing, outright 7 hours, 55 minutes & 47 Thomas COVILLE FRA Sodebo single-handed, Cowes Isle of 15 July seconds Wight, GBR - Dinard, FRA Harold Around the , GBR 3 hours, 20 minutes & 9 GBR ICAP Maximus 3 August CUDMORE monohull seconds Yvan Greatest distance sailed in 24 610.45nm SUI Brossard 6-7 August BOURGNON hours - single-handed average speed 25.76 knots Single-handed Around Britain 6 days, 6 hours, 40 Thomas COVILLE FRA Sodebo 8-14 August and Ireland minutes & 31 seconds Transpacific West to East, Alessandro DI 62 days, 17 hours, 51 10 June - 11 ITA One World Yokohama, JPN to San BENEDETTO minutes & 55 seconds August Francisco, USA - single-handed Zara DAVIS GBR Women’s Nautical Mile 34.74 knots 31 October Bjorn AND Nautical Mile 41.14 knots 31 October DUNKERBECK

World Sailing Speed Records Council 24 hour records before Yvan BOURGNON (FRA) (WSSRC) added a further 26.45 nautical miles to the single- handed record three months later. The outright During 2006, the WSSRC ratified a record 17 24 hour record was claimed by Bruno PEYRON World Records. Included in the records set during (FRA) in July with a distance of 766.8 nautical 2006, are many outstanding achievements and miles. four of the record breakers were nominated for the ISAF Rolex World Sailor of the Year Awards - Dee The high percentage of records to attempts CAFFARI (GBR), Sébastien JOSSE (FRA), Yves indicates a high level of commitment by sailors to PARLIER (FRA) and Bruno PEYRON (FRA). the achievement of records. 24 hour records across all the different categories Reflecting the increased requests to set records are becoming much sought after achievements. in a diverse range of categories the WSSRC has ABN AMRO TWO claimed the monohull record now introduced a category of “20ft overall and on 10-11 January which was then held by fellow with no inside accommodation”. Volvo Ocean Race competitors, ABN AMRO The 500 metre speed sailing activities continue to ONE. grow in popularity. In the “up to 60ft” category Yves PARLIER (FRA) Details of the records claimed in 2006 are claimed both the crewed and the single-handed indicated in the table above.

9 Secretary General’s Report

ISAF Commissions Coaches Commission The ISAF Commisssions report directly to the ISAF The Coaches Commission met for the first time at Executive Committee. There follows an overview the Annual Conference in 2006. of their work during 2006: The Commission established a working party Athletes’ Commission to produce a first draft of a Coaches Code of Conduct. The intention of the Code is that it should The Athletes’ Commission was created in 2005 be a guide for Coaches comparable to codes of and held its second meeting at the 2006 Annual conduct used by similar professional groups. Conference. The membership was expanded to include representation from each of the eleven A Coaches Safety Policy is being developed and Olympic sailing events. will be made available on the ISAF website when it is completed, available in Spanish, French, In future the Athletes’ Commission term of German and Chinese. appointment will be brought in line with the Olympic cycle, with elections taking place in 2007 The Commission also appointed a working party for appointments through to 2009, and an election to prepare a standard coach boat rules document for membership every four years thereafter. which, when completed, will be provided to event organizers and is also working on a coaches The Athletes’ Commission meeting focused on registration system. methods of communication to engage directly with Olympic class sailors and seek their feedback on issues affecting the sport. The Commission Coaches Commission will also seek feedback from sailors through the George FUNDAK (AUT) - Chairman Rene APPEL (HKG) holding of Sailors’ Forums. Sid BENSALAH (UAE) Tasked with providing input to the Sailors Objective Gary BODIE (USA) Alain CHAMPY (FRA) for the ISAF Strategic Plan, the Commission will Chun QU (CHN) continue to review issues concerning sailors’ Chistopher John GOWERS (GBR) welfare and the provision of guidance materials Espen GUTTORMSEN (NOR) on health and welfare and will review how ISAF (AUS) and its members can support elite sailors in their Lisa NEUBURGER (ISV) Luis Miguel Simao do Vale ROCHA (POR) development and competition paths.

Athletes’ Commission International Regulations Commission Marcelien DE KONING (NED) - 470 Women - Chairman Ismael BRUNO (FRA) - The International Regulations Commission (GBR) - RS:X Men monitors proposals by various institutions affecting Marion DEPLANQUE (FRA) - Yngling the use of recreational craft and represents ISAF (GBR) - interests at such institutions. (AUT) - Ciara PEELO (IRL) - Laser Radial During 2006 ISAF representatives attended the (FRA) - 470 Men meetings of the International Maritime Organization REYNOLDS (USA) - (IMO) and presented a report to the Commission (ITA) - RS:X Women Roope SUOMALAINEN (FIN) - Laser at the Annual Conference. Members of the Commission worked on various areas relating to the International Standards Organization including the production of an ISO standard for Quick Release Trapeze Harnesses and it was agreed that ISAF should apply for ISO observer status.

International Regulations Commission Alan GREEN (GBR) - Chairman Ignacio de ROS SOPRANIS (ESP) - Vice-Chairman Glauco BRIANTE (ITA) John CREBBIN (IRL) Bruce EISSNER (USA) Ken KERSHAW (GBR) Marcelien DE KONING & (NED) - 2006 Jean LEMOINE (FRA) Women’s 470 World Champions. Michael STOLDT (GER) © Thom TOUW 10 Secretary General’s Report

Medical Commission Our work would not be possible without the excellent support received from the ISAF staff. Areas of work for the Medical Commission through 2006 focused on the allocation of Therapeutic Use Sailor Classifi cation Commission Exemptions (TUE) and Abbreviated Therapeutic Antony MATUSCH (GBR) - Chairman Use Exemptions (ATUEs).

The workload of the Commission has greatly Training Commission increased owing to the addition of a further Registered Testing Pool – the America’s Cup. Supporting ISAF’s focus on training and the grass roots development of the sport, a new Training The Medical Guidelines have been finalized and Commission was appointed in November 2006. presented to the Executive Committee. Various independent projects individual members of The Commission is made up of training Medical Commission had been taking part in and professionals who will support ISAF and its of which might interest to the other members were members in providing expertise in the delivery of discussed. training material and their work will commence in 2007. The Chairman reported on the Medical Commission Chairman’s Symposium organised by the World Anti-Doping Agency (WADA) in Training Commission Lausanne, . Olivier BOVYN (FRA) Rod CARR (GBR) James STEVENS (GBR) Medical Commission Margriet PANNEVIS (NED) - Chairman Benedict TAN (SIN) - Vice-Chairman Luca FERRARIS (ITA) Xinzu GU (CHN) Nebojsa NIKOLIC (CRO) Byung-Ho SUN (KOR) Carmen VAZ PARDAL (ESP) Robin WALLACE (USA) Stephen WILSON (AUS) - Disabled sailing representative

Sailor Classifi cation Commission

The total number of users of the ISAF Sailor Classification system continues to grow and numerous classes and events are using the ISAF Sailor Classification Code. There were 15,400 Gideon KLIGER & Udi GAL (UKR) - never out of the top three live classifications with 8,000 new or renewal of the men’s 470 rankings in 2006 and #1 for four of the ranking applications handled during 2006. In considering releases. © Dan NERNEY/Rolex/ these numbers, it should be remembered that Group 3 sailors rarely apply, as the default Group in most regattas is Group 3. During 2006, translations of the Code and FAQs in Italian, French and Spanish were introduced. These are clearly identified on the website. Other languages are being considered. The next project is to ensure that Race Officials and Judges in particular are much more conversant with the Code. It was agreed at the Annual Conference that a users’ guide will be produced. The Commission will work closely with the Offshore Committee and the Race Officials Paige RAILEY (USA) - the most consistent sailor on the Laser Committee to achieve this. Radial rankings, she held the #1 position until August. RAILEY went on to be voted the female winner of the ISAF Rolex World One new member was appointed to the Sailor of the Year Award. Commission bringing the total to twelve. © Gilles MARTIN-RAGET

11 Secretary General’s Report

Staff ISAF Registered Testing Pool (RTP) – America’s Cup sailors solely using ADAMS; the ISAF RTP The number of staff employed by ISAF (UK) Ltd only partially using ADAMS with the aim of sole increased by two in 2006, bringing the total number use by the end of 2007 to 20 – nineteen full-time and one part-time. • Successful implementation of In and Out-Of- A new Marketing and Media Department has been Competition testing established headed by Claire FROST who is joined • Close liaison with WADA by two existing members of staff – Tamsin RAND Finance (Marketing and Media Co-ordinator) and David KNAPMAN (Website News Editor). • Maintained fi nancial forecasts and payment schedules, drafted fi nancial reports and With the development of the In-House Certification administered expense claims Project (IHC) an additional member of staff has • Supplied and managed the issuing of ISAF been employed by the Technical and Offshore Plaques for the majority of ISAF Classes Department. Rob TAYLOR has taken on IHC and • Processed publication and merchandise orders his previous Technical Co-ordinator role has been • Completion of quarterly merchandise stock take filled by Norbert MARIN. The priorities of staff work remained consistent with Offi ce Management previous years and are summarized as follows: • Co-ordination of ISAF Mailings to members throughout the year • Service those areas/Committees given priority by Council • Production of the ISAF Yearbook and Submissions Book • Preparation and implementation of Council and Executive Committee Meetings and decisions • Processing general enquiries • Co-operation with Committee Chairmen in • Establishment of a staff intranet preparation of the Annual Conference and Mid- • Implementation of all human resources Year Meetings functions. • Service to members • Maintained the Secretariat, reception, cleaning, • Olympic and ISAF events preparation/ safety and security, offi ce equipment participation • Arranged ISAF Professional Liability Insurance and General Offi ce Insurance In addition to the many working parties, the staff • Provision of Secretarial support to the President supported 30 Committees/Sub-Committees, five and Secretary General Commissions, a Forum and the Review Board. In 2006, the staff were involved in the following Competitions Department areas of work/projects: Committees Administration Department The Competitions Department provided support to the work of the Events Committee and Sub- Committees Committees, Match Racing Committee and The Administration Department supported the work Sub-Committee, Race Officials Committee and of the Audit Committee, Executive Committee and Sub-Committees, Regional Games Committee, Medical Commission. Racing Rules Committee, Review Board, Coaches Commission and Sailor Classification Meetings Commission. • Co-ordinated arrangements for the Executive Committee Meetings, Mid-Year Meetings and Events Annual Conference The department provided staff support (Technical • Made site visits and liaised with prospective Delegate) to the following ISAF Events in 2006: MNAs and venues interested in hosting future ISAF meetings • Volvo Youth Sailing ISAF World Championship in July in Weymouth, Great Britain • Processed the submissions for the ISAF Annual Conference • ISAF Nations Cup Final (Match Racing) in September in Cork, Ireland Anti-Doping (World Anti-Doping Agency • ISAF Women’s Match Racing World – WADA) Championship in May in Copenhagen, • Processed ATUE and TUE applications • ISAF World Sailing Games in May on the Neusiedl • Administration of the Sailor Whereabouts am See, . information for America’s Cup teams and the 12 Secretary General’s Report

Pre-regatta visits were made to the following IU’s, 182 IRO’s, 92 IM’s). venues for future ISAF events Publications • Búzios, , the site for the 2009 Volvo Youth Sailing ISAF World Championship Supplements for the ISAF Match Racing Call Book • Saint-Quay, Port d'Armor, France the venue for and ISAF Case Book were issued and a renewed the 2007 ISAF Women’s Match Racing World version of the Race Management Manual was Championship published in 2006. • Cascais, Portugal, the venue for the 2007 ISAF Sailing World Championships Review Board Three cases were dealt with by the ISAF Review Board. No hearings took place in 2006. A very successful Test Event (the Qingdao International Regatta) was held in Qingdao, Rankings China in August 2006. Two official Technical The Competitions Department issued nine rankings Delegate visits were also made to Qingdao where releases for the ISAF World Sailing Rankings and construction of the venue is at an advanced stage. nine for the ISAF World Match Race Rankings The main infrastructure of the Olympic Marina was during 2006. At the end of 2006 there were 3481 fully used at the Test Event and training of Race sailors (2547 ranked skippers) on the ISAF World Officials in China is ongoing. Sailing Rankings and 1712 skippers on the ISAF Several meetings were held with the 2012 World Match Race Rankings. Organizing Committee in preparing the venue plans for the 2012 Olympic Sailing Competition to Marketing and Media Department be held in Weymouth, Great Britain. The Marketing and Media Department was formed Race Offi cials Seminars and Clinics in October 2006, to provide a dedicated Marketing, Media and Sponsorship function. During 2006 the Secretariat dealt with nine seminars (required for candidates progressing The department supports all areas of ISAF and towards being appointed as ISAF International its stakeholders, particularly in response to the Race Officials) and 18 clinics (aimed at improving implementation of key aspects of the Strategic the standards of race officials at all levels). Nine Plan. Rule 42 workshops have been held in conjunction The tasks undertaken by the new department with events to improve the understanding and were previously under the remit of the Training application of Rule 42. and Development Department but for clarity, all Appointment of Race Offi cials the marketing and media activities which were undertaken in 2006 have been included within this The appointment of ISAF Race Officials to ISAF department report. events and Graded match racing events was co- ordinated by the ISAF Secretariat. In total, more Marketing than 200 appointments were made with Race • Co-ordination of the ISAF Rolex World Sailor Officials from over 25 nations. of the Year Awards and the ISAF Beppe Croce Trophy presentations in partnership with sponsors ISAF International Race Offi cer Conference and suppliers In March, ISAF organized the first ISAF • Planning for the ISAF Centenary Events and International Race Officer Conference attended associated projects, with specifi c focus on by 90 International Race Officers to develop the ISAF Sailing Hall of Fame, Sail the World Weekend, sailing exhibition in partnership with best practice around the world and apply this the IOC and La Caixa to be held in Valencia, consistently, especially at Olympic Class events. and Lausanne, Switzerland, and the production of the ISAF Centenary Book Re applications/renewals of ISAF Race Offi cials • Development of ISAF brand strategy • Production and implementation of the ISAF logo 214 re-applications (118 International Judges (IJs), and ISAF Centenary logo, together with brand 19 International Umpires (IUs), 51 International guidelines Race Officers (IROs), 26 International Measurers • A refreshed image for ISAF printed material and (IMs), and 60 ‘new’ applications (19 IJ’s, 12 IU’s, 8 stationery, further roll out will be viewed with IRO’s, 21 IM’s) for ISAF Race Official status were 2007 material processed in 2006. The total number of ISAF Race • Production of the 2005 Annual Report Officials at the end of 2006 was 639 (383 IJ’s, 108 13 Secretary General’s Report

Media Technical and Offshore • Co-ordination of the tender process and selection Department of fi nal company for the television production and distribution at the 2007 ISAF Sailing World Committees Championships including pre-event meetings with the Organizing Committee The Technical and Offshore Department provided support to the work of the Equipment Committee, • Development of a media strategy for pre/during Equipment Control Sub-Committee, Class Rules and post event coverage for the 2007 Worlds, in conjunction with the Event Organizers Sub-Committee, Offshore Committee, Offshore Special Regulations Sub-Committee, Oceanic Sub- • Media Accreditation release for the 2008 Olympic Sailing Competition Committee, Empirical Handicap Sub-Committee, ISAF Classes Committee and International • On-going press relations and PR for ISAF news Regulations Commission. • support to the 2006 Olympic Test Event to provide news reports and training to news team Events • co-ordination of ISAF hospitality activities and Staff attended the following Events in 2006; production of on-site event news reports at the • Volvo Youth Sailing ISAF World Championship 2006 ISAF World Sailing Games – Weymouth, Great Britain Sponsors and suppliers • ISAF World Sailing Games – Neusiedl am See, Austria ISAF is committed to the on-going appointment • RS:X World Championship – Torbole, Italy of sponsors and suppliers and is grateful for the • Yngling World Championship – La Rochelle, support of our current partners: France • Olympic Test Event (Qingdao International • Rolex – Title Sponsor and Host of the ISAF Rolex Regatta) – Qingdao, China World Sailor of the Year Awards • Volvo – Title Sponsor of the Volvo Youth Sailing International Regulations Commission ISAF World Championships Norbert MARIN attended with Alan GREEN, • Sanpellegrino – Sponsor, ISAF Offi cial Supplier the Commission Chairman, the IMO Marine and Host of the ISAF Beppe Croce Trophy Environment Protection Committee in October presentation and further working party meetings regarding • Schenker – logistics and shipping provider Environmental Guidelines for small craft. • Helly Hansen – Offi cial Clothing Partner In House Certifi cation The Connect to Sailing project sponsors are detailed in the Training and Development section. Rob TAYLOR and Ken KERSHAW progressed the In-House Certification project to enable equipment Website manufacturers to certify class legal equipment. • Average 23,700 users per day (70% increase on Documents were produced and published on the 2005), from over 100 nations ISAF website. Correspondence with manufacturers • Weekly publication of Making Waves newsletter was initiated. Training material for In-House – subscriber base of sailors, press, committee measurers was developed and optimised at two members and general public increased to 3,400 measurement seminars in the UK. • New ISAF content including releases on ISAF Offi ce IT World Sailing Rankings and ISAF World Match Race Rankings, ISAF Year In Review and ISAF General office and Conference IT support was Year In Pictures, reports and interviews from ISAF provided by Rob TAYLOR. Annual Conference, ISAF Rolex World Sailor of the Year Award press releases, nominee photo Class Rules galleries and winner interviews, Beppe Croce Henry THORPE was primarily responsible for Trophy press releases and onsite reporting from the 2006 ISAF World Sailing Games in Austria regarding Class Rule changes liaison in 2006. In and 2006 Olympic Test Event in China December a website forum was established for the members of the Class Rules Sub-Committee • Banner graphics produced for ISAF events and ISAF Grade W and Grade 1 events to improve the efficiency of approving changes. • Daily updates on events, MNAs, classes, and General general sailing news – over 2,000 news stories During the year the department dealt with published in 2006 correspondence with licensed builders, ISAF • Early stage planning for improved website Classes, new class applications, sale of plans and content, navigation and image the ISAF Offshore Special Regulations. 14 Secretary General’s Report

Training and Development • Issuing of IFDS Classifi cation Passports • Updating of IFDS publications including the Department Functional Classifi cation System and Race Responding to the priority of the ISAF Strategic Management Manual Plan, in October 2006 the Development and Development Programmes Information department was divided to create a Training and Development Department and a new • Co-ordination of the Athlete Participation Programme (APP) for the 2006 ISAF World dedicated Marketing and Media Department. From Sailing Games and 2006 Volvo Youth Sailing October 2006 all ISAFs marketing and media ISAF World Championship – details on page 16 activities were handled by the new department and, • Co-ordination of Olympic Solidarity Technical for clarity, are included within that department’s Courses and Olympic Solidarity Scholarships for report. 2008 - details on page 17

Committees Connect to Sailing The Training and Development Department Connect to Sailing is a global initiative led by ISAF provided support to the work of the Council, to increase participation in sailing. It is based upon Executive Committee (with effect from November grass roots activities with a focus on youth with 2006 onwards), Constitution Committee, the aim of building strong and lasting foundations Youth and Development Committee, Women’s for community sailing programmes. It aims to Sailing Committee, Women’s Forum, Athletes’ expand and develop participation in sailing by Commission, Training Commission and the World attracting newcomers to the sport and retaining Youth Sailing Trust. both newcomers and existing participants. Governance Together with the Project Manager Tim COVENTRY, • Co-ordination of the ISAF MNA Questionnaire the Department co-ordinates ISAF’s activities on gathering statistical information on participation this project. in the sport and general sailing activities, and Constitution Committee Questionnaire regarding 2006 saw the introduction of Connect to Sailing ISAF Full Member groupings partners, who supported the initiative through a sponsorship programme. ISAF is grateful to the • Administration of applications for ISAF membership from national sailing authorities, commitment of our sponsors a commitment which Continental Members and Affi liate Members has enabled the Connect to Sailing initiative to • Co-ordination of ISAF Strategy documentation, extend its work to provide support and guidance to working with Project Groups to develop the an increased number of nations. objectives and proposals • the European Confederation of Nautical • Updating the ISAF Regulations based on Council Industries, decisions • Hyde • Updating ISAF policy document to record policy • Neilson decisions which are not incorporated within ISAF • Performance Sailcraft Rules and Regulations • Ron Holland Design and Information • Tacktick • Provision of offi cial ISAF statements and supporting the ISAF President in public communications • ISAF information stand at the World Sailing Games focused on sailors During the Annual Conference, ISAF held Connect Disabled Sailing to Sailing Seminars focused on the management of training programmes and training at entry level ISAF co-ordinates the administration of the through to training the trainer. The aim was to International Association for Disabled Sailing recognize and highlight the importance of training (IFDS) together with the IFDS Committee in MNA programmes for the development of sailing. Members. Specific work includes: The seminars also provided the ideal forum for • Production of agenda and minutes for IFDS the exchange of best practice, help and guidance Executive Committee meetings and the IFDS to those involved in training and to stimulate a Annual General Meeting fully interactive debate on the future direction of • Supporting all IFDS Committees training. • Production of the monthly IFDS Bulletin 15 Secretary General’s Report

Athlete Participation Programme (APP) It should be noted that in addition to these 19 The ISAF Athlete Participation Programme, which sailors, funding was also approved for one sailor provides funding subsidies towards the entry fee from Jamaica, one sailor from Pakistan and four and travel for two ISAF events, the ISAF World sailors from Cuba. Unfortunately, for a variety of Sailing Games and the ISAF Youth Sailing World reasons, these sailors were unable to take up the Championship was introduced in 2002. The focus funding and did not attend the Championship. As of the Athlete Participation Programme is for the a result of the APP, Barbados participated at the Volvo Youth Sailing ISAF World Championship, Youth Worlds for the first time in 2006. with the priority being to support nations which Coaching support was also available courtesy have not previously participated. of the World Youth Sailing Trust employing the Sailors supported through the ISAF Athlete services of Jim SALTONSTALL (GBR). Coaching Participation Programme in 2006 are detailed in was available for all the nations participating and the table at the bottom of the page. not just those on the APP.

ISAF World Sailing Games, Lake Neusiedl, For many of the 2006 APP sailors, it was their Austria - ISAF provided financial subsidies for first time at a major international event and their the entry fee and travel, and partnered with the performances improved during the course of the Organizing Committee and the Austrian Sailing championship. ISAF hopes to see them compete Federation who provided accommodation, food and and further improve at future events. coaching support for those on the programme. Since 2003, the ISAF Athlete Participation Six sailors from six nations were supported by the Programme has enabled seven new nations to programme at the World Sailing Games. attend the Youth Sailing World Championships. Volvo Youth Sailing ISAF World Championship, • 2003 – Cook Islands, Samoa Weymouth, Great Britain - In total, the programme supported 19 sailors from 15 different nations, • 2004 – Cuba, representing four continents, with eight male and • 2005 – Bahamas and El Salvador eleven female sailors, ranging in age from 14 to • 2006 – Barbados. 18.

2006 ISAF Athlete Participation Programme Sailors Volvo Youth Sailing ISAF World Championship 2006 Name Nation Age Event Equipment Position Fleet Nahuel ABRAM ARG 17 Boy’s Windsurfer RS:X 18 29 Mariela SALERNO ARG 15 Girl’s One Person Dinghy Laser Radial 21 42 Kai CHAPLIN BAH 16 Boy’s One Person Dinghy Laser 43 44 Gregory DOUGLAS BAR 15 Boy’s One Person Dinghy Laser 32 44 Yoan Georgiev KOLEV BUL 14 Boy’s Windsurfer RS:X 24 29 Yana MARKOVA BUL 16 Girl’s One Person Dinghy Laser Radial 32 42 Arantza Gumucio JARAS CHI 16 Girl’s One Person Dinghy Laser Radial 18 42 Maria Claudia RAMIREZ COL 17 Girl’s One Person Dinghy Laser Radial 42 42 Luis Roberto Ramirez HERRERA ESA 16 Boy’s One Person Dinghy Laser 44 44 Cy THOMPSON ISV 17 Boy’s One Person Dinghy Laser 14 44 Anna AILE LAT 15 Girl’s One Person Dinghy Laser Radial 37 42 Mileviciute AUSRA LTU 17 Girl’s One Person Dinghy Laser Radial 6 42 Ujula Mir MASOOD PAK 16 Girl’s One Person Dinghy Laser Radial 41 42 Alvaro GALDOS PER 18 Boy’s Windsurfer RS:X 28 29 Angela ALBELA PUR 18 Girl’s One Person Dinghy Laser Radial 25 42 Beth GERTRUDE SEY 17 Girl’s One Person Dinghy Laser Radial 38 42 Jean SHRONE SEY 17 Boy’s Windsurfer RS:X 23 29 Nikola OCENASOVA SVK 16 Girl’s Two Person Dinghy 420 20 24 Lucia OLSONOVA SVK 16 Girl’s Two Person Dinghy 420 20 24

ISAF World Sailing Games 2006 Russell STREETER BAR 26 Men’s One Person Dinghy Laser 71 75 Raul AGUAYO DOM 24 Men’s One Person Dinghy Laser 50 75 Gabriel E MORAN ECU 18 Men’s One Person Dinghy Laser 67 75 Paloma SCHMIDT PER 18 Women’s One Person Dinghy Laser Radial 52 65 Sadri AYACHI TUN 24 Men’s Windsurfer RS:X 45 48 16 Secretary General’s Report

Websites, Links & References and Event Coaching. This was a great opportunity to bring together all the provincial coaches and also consider a future strategy for sailing in Indonesia.

Sri Lanka

Course Expert: Fernando ALGRE (PER) 13 coaches, junior instructors and sailors took part in the Coaches Training Course and Sailing Clinic

left to right - Sadri AYACHI (TUN), Raul AGUAYO (DOM), held from 14 - 21 August 2006 in the city of Galle, Paloma SCHMIDT (PER), Gabriel MORAN (ECU), Christian in Sri Lanka. BAYER (coach) & Russell STREETER (BAR) - the sailors supported by the ISAF APP at the ISAF World Sailing Games. Classroom sessions were held in the morning © ISAF with on water training held in the afternoon using Optimists and Lasers. Video debriefs were held at Olympic Solidarity – Technical Courses the end of each day. Focus was on techniques, Utilizing the financial support available from boat to boat tactics and the tactical analysis of Olympic Solidarity, ISAF supported two Technical racing. Courses in 2006. Looking ahead, Sri Lanka is working on a development plan for sailing. Indonesia Olympic Solidarity – Scholarships for Athletes Course Expert: Mark PLUMMER (GBR) Beijing 2008 20 men and two women participated in this 20 sailors from 14 nations were awarded intermediate level course, aimed at coaches scholarships from the IOC’s Olympic Solidarity who would like to coach Indonesian sailors at Programme, to assist them in qualification international regattas in the future. and preparation for the 2008 Olympic Sailing Due to adverse weather conditions experienced Competition. ISAF partnered with Olympic in the rainy season, most of the course was land- Solidarity and the MNAs of the applicant sailors to based covering Programme Planning, Budget, review the applications and provide the necessary Performance Profiling, Teaching Methods & Tools, information to Olympic Solidarity. The Role of Head & Assistant Coach, Process & The sailors who were awarded Scholarships are Outcome Goals, Quantity Vs. Quality, Preparing listed in the table below. Individual Programmes, Sports Science, Useful

Sailors awarded Olympic Solidarity – Scholarships for Athletes, Beijing 2008 Nation Names Event Equipment Austria Nico DELLE-KARTH and Nikolaus RESCH Skiff 49er Peter BROMBY Men’s Keelboat Star Brazil Men’s Windsurfer RS:X Sime FANTELA and Igor MARENIC Men’s Two Person Dinghy 470 Cyprus Andreas CARIOLOU Men’s Windsurfer RS:X Cyprus Haris PAPADOPOULOS Men’s One Person Dinghy Laser Czech Republic Veronika FENCLOVA Women’s Two Person Dinghy 470 Hong Kong Chi Ho HO Men’s Windsurfer RS:X Malaysia Kevin LIM Men’s One Person Dinghy Laser Maciej GRABOWSKI Men’s One Person Dinghy Laser Seychelles Allan JULIE Men’s One Person Dinghy Laser Roy Junhao TAY and Peiming CHUNG Men’s Two Person Dinghy 470 Singapore Li Ying TOH Women’s Two Person Dinghy 470 Slovenia Gasper VINCEC Heavyweight Dinghy Finn Turkey Kemal MUSLUBAS Men’s One Person Dinghy Laser Turkey Ertugrul ICINGIR Men’s Windsurfer RS:X Uruguay Alejandro FOGLIA Men’s One Person Dinghy Laser 17 Constitution Committee

The routine work of the Constitution Committee The Committee prepared a standard draft progressed well throughout 2006 and the constitution for National Authorities (NAs) applying Committee carried out a considerable amount of for membership of ISAF. It also approved a additional work during the year. number of constitutions both for applicant NAs and for classes applying for International and In accordance with ISAF Regulation 8.5, a Recognized status. questionnaire was sent to all Member National Authorities (MNAs) in connection with the review General advice on a variety of topics was of the grouping of MNAs on Council, giving MNAs supplied to the Secretary General, the ISAF an opportunity to comment on their grouping and Secretariat, Council Members and others. In request any change. The Constitution Committee addition, assistance was given to many people will undertake the review with a final report to making Submissions affecting the Regulations, Council at the 2007 Annual Conference. both before and after Submissions were made, in an attempt to have them ready for inclusion in the The Committee is in the process of completing a Regulations if approved by Council. review of the ISAF Regulations, to provide a more user friendly document. A working party has been formed with the task of completing the review and preparing Submissions for consideration at the 2007 Annual Conference. In addition, a working party considered the various notes included within the ISAF Regulations. The notes are inserted for clarity but do not have any legislative authority and need to be removed or substituted with appropriate Regulations. A considerable amount of work was done in 2006 on achieving proper representation of women on

Council, with the result being three Submissions, above - & Carl WILLIAMS (NZL) - joined the each with advantages and disadvantages. Star rankings in February at #146 before taking the class by storm, ending the year at #3 and winning the Worlds. Council must make a decision on how to achieve © Chris RAY women’s representation, in advance of the new below - Jonas HOEGH-CHRISTENSEN (DEN) - won the 2006 terms of office from November 2008. and climbed to the top of the Finn Rankings in June where he stayed until the end of the year. The Committee finalized the drafting of the Council © Dan NERNEY/Rolex and Committee Rules of Procedure. Council approved the Council Rules of Procedure, whilst the Committee Rules of Procedure were deferred for some further minor amendments. Work was undertaken in conjunction with the Race Officials Committee on the designated nationality of ISAF Race Officials and the reporting process on conduct. In addition a draft Regulation has been prepared amalgamating the four separate Race Officials Regulations, which will be further developed during 2007.

David LEES (GBR) - Chairman Charley COOK (USA) - Vice-Chairman Fernando POMBO (ESP) Jack CALDWELL (USA) - Review Board Chair Alberto PREDIERI (ITA) Balazs HAJDU (HUN) (ITA) (CAN) Vladimir SAKOVICH (RUS) Stanislav KASSAROV (BUL) Tom SCHUBERT (FIN) Teo Ping LOW (SIN) Geoffrey THORPE (NZL) Dieter NEUPERT (SUI) Eric TULLA (PUR) Marco PICCININI (MON) Lorenz WALCH (GER)

18 Equipment Committee

2006 was very much a year for ‘work in progress’ Class Rules Sub-Committee for the Equipment Committee. There is a good Georg TALLBERG (FIN) - Chairman program of routine work and specific projects to William ABBOTT (CAN) - Vice-Chairman attend to. The Committee and it’s Sub-Committees Günter AHLERS (GER) - Special Regulations representative David ANTONCIC (SLO) work in close partnership with the ISAF Technical Olivier BOVYN (FRA) staff. Paddy BOYD (IRL) - Offshore representative The Class Rules Sub-Committee was constantly David BROOKES (AUS) - ICC representative Antonio CARDONA ESPIN (ESP) engaged through the year, dealing with class rule Jan DEJMO (SWE) - Equipment Control representative interpretations and rules changes for a variety of Michael GRANDFIELD (USA) classes. The ISAF Classes are getting a much Rich JEFFRIES (USA) better service as a result of the new method of Fred KATS (NED) working on their rules, independent of the Annual Ali Hulki ORUZ (TUR) Marco PREDIERI (ITA) Conference. Work on the Small Philippe ROGGE (BEL) Handicap Rating System also progressed well. Henri SAMUEL (FRA) Ana SÁNCHEZ DEL CAMPO FERRER (ESP) - Racing The Equipment Control Sub-Committee continued Rules representative developing the ISAF Equipment Rules of Sailing Jason SMITHWICK (GBR) and the Standard Class Rules, creating a viable, Peter VOWLES (RSA) unified, framework for the classes to develop their rules and working towards more effective The In-House Certification working party completed equipment control strategies at all levels. its task in 2006 and handed responsibility for the scheme to the ISAF Secretariat for implementation. Equipment Control Sub-Committee This work is now at an advanced stage. Jan DEJMO (SWE) - Chairman, Class Rules representative With the In-House Certification scheme comes a Dina KOWALYSHYN (USA) - Vice-Chairman Dimitris DIMOU (GRE) need for the training and testing of fundamental Bengt GUSTAFSSON (FIN) measurement skills at MNA level, and a scheme Richard HART (GBR) - ICC representative for this is in the advanced stages of development. Barry JOHNSON (AUS) The ISAF Equipment Rules of Sailing and Standard Ken KERSHAW (GBR) - Special Regulations representative Class Rules are now embedded in ISAF policy and, Paolo LUCIANI (ITA) David LYONS (AUS) - Offshore representative with the right training, we are now in a position to Dick ROSE (USA) - Racing Rules representative make effective progress. This applies equally at Leo SANCHEZ SOTO (ESP) the ‘grass roots’ level of equipment certification and at events. Safety is a major responsibility of the Equipment Committee, and work progressed in several areas. The ISAF website now has a Small Boat Safety microsite in place and under active development. A draft ISO Standard for quick release harness hooks has been published and the working party on Special Regulations for small boats made its first report to the Annual Conference. The Equipment Committee also has a working party looking at the technical aspects of qualification for ISAF status and the ISAF technical staff are Xavier REVIL & Christophe ESPAGNON (FRA) - the most reviewing the status of existing classes against the consistent team on the Tornado rankings in 2006 ended the year at #1. parameters laid down by the ISAF Regulations. © Dan NERNEY/Rolex

Dick BATT (GBR) - Chairman Alan GREEN (GBR) - Special Regulations representative Riccardo SIMONESCHI (ITA) - Vice-Chairman Ian HARRISON (GBR) - Disabled Sailing representative Alejandro ABASCAL (ESP) Dina KOWALYSHYN (USA) Kim ANDERSEN (DEN) Jan LINGE (NOR) - Consultant Ron BARAK (ISR) Mark PRYKE (AUS) (GRE) Philippe ROGGE (BEL) Jan DEJMO (SWE) - Equipment Control representative Dick ROSE (USA) - Racing Rules representative Darren DUNKLEY-SMITH (AUS) - ICC representative Henri SAMUEL (FRA) Bruno FINZI (ITA) - Offshore representative Georg TALLBERG (FIN) - Class Rules representative George FUNDAK (AUT) Marta WEÖRES (HUN)

19 Events Committee

The Events Committee worked hard in 2006 to indicated that the number of events will be reduced strengthen ISAFs pinnacle events and views the from eleven to ten. establishment of a World Cup Series and the An evaluation event for a Women’s High development of competition format as crucial. Performance two person dinghy is scheduled for The new competition format which includes a April 2007 in Hyères, France. Medal Race was approved by Council in 2005 and during 2006 was well received and worked Qualification for the ISAF Sailing World well at the events where it was used. The format Championships 2007 will continue to be studied up to the 2008 Olympic The qualification system for the ISAF Sailing World Sailing Competition. Championships 2007 was confirmed at the Annual Besides the Olympic Sailing Competition, the Conference in order to ensure the possibilities are pinnacle events for the Olympic Classes are the as wide reaching as possible. ISAF Youth Sailing World Championships, the 75% of the national places for the 2008 Olympic ISAF World Sailing Games and the ISAF Sailing Sailing Competition will be decided at the event. World Championships. The qualification system is based on three tiers ISAF World Cup Series of entries, Priority Places, Additional Places and Commission Places. The decision to establish an ISAF World Cup Series was made in 2006 and it will commence in Olympic Windsurfing Format 2008. The plan for the first year of the World Cup A new and more challenging format for the two is to incorporate the current ISAF Grade 1 events Olympic Windsurfing events at the 2008 Olympic with a view to increasing the number of events and Sailing Competition was confirmed following geographical range in future years and consider extensive testing done by the Format Working introducing a Grand Final. Party. The addition of a slalom finish with two or ISAF Class World Championships three marks at the end of the course makes the new format more media and spectator friendly. The Events Committee has previously recommended to Council to approve Regulation ISAF Team Racing World Championship 18.2.1 which stipulates the requirements a class The proposal that future ISAF Team Racing World must meet to maintain their right to hold a World Championships include an under 21 age group Championship. A working party analysed data was approved at the Annual Conference. from the current classes and concluded that the data from the classes had to be more detailed to The next event is scheduled for September 2007 be able to draw any conclusions. This work will and will be held in Gandia Spain and the 2009 continue. event will be hosted in Australia.

Selection of Olympic Equipment Team Racing Sub-Committee The Selection of Olympic Equipment is a process Chris ATKINS (GBR) - Chairman Jan KREJCIRIK (CZE) - Vice-Chairman which has a precise methodology in Regulation 16. Ajay BALRAM (IND) There were no decisions made on the equipment Susan DALY (USA) to be used at the 2012 Olympic Sailing Competition Alfredo RICCI (ITA) in 2006. The International Olympic Committee has David SPRAGUE (CAN)

Three of the British crews who remained in the top three of their respective ISAF World Sailing Rankings throughout 2006. From left to right, was the most consistent sailor on the Laser rankings at either #1 or #2; Christine BASSADONE & began the year at #2 in the women’s 470 rankings before claiming the #1 position in May where they stayed for the rest of the year; Chris DRAPER & were at #1 for six releases during the year and claimed the 2006 49er World Champion title. © ISAF, 470 World Championship and Peter BENTLEY 20 Events Committee

ISAF World Sailing Rankings The highlight of 2006 was the successful Volvo Youth Sailing ISAF World Championship held in The ISAF World Sailing Rankings were released July in Weymouth, Great Britain. The event was nine times during 2006 and at the final release hosted and organized by the Royal on 13 December, there were 2547 sailors holding Association (RYA) under the leadership of Rob ranking points. ANDREWS. The 2006 Youth Worlds was the The first rankings for the new Windsurfing largest in the event’s 36 year history with 380 equipment, the RS:X, were released on 9 February. participants from 63 nations. 63 men and 20 women were listed in the initial Volvo has been the title sponsor for eight of the ranking release and by the end of the year these past nine championships. Their financial support numbers had risen to 178 and 80 respectively. and strong brand equity have helped to build the Great Britain were consistently the top performing event from strength to strength. In 2006, Sport UK nation on the Rankings with between five and nine made a significant contribution as it was the first sailors holding a number three postion throughout World Championship to be held at the venue of the the year across the eleven Olympic classes. 2012 Olympic Sailing Competition. The Sail Rankings Sub-Committee continued 2006 was also the first year that the RS:X was used it’s work to improve the rankings system and for the windsurfing equipment and it’s inclusion had welcomed ideas and input from the ISAF Athlete’s a significant impact on the number of participants Commission. - the number of boys increased to 29 from 17 in 2005 and the number of girls increased from 14 The ISAF World Sailing Rankings continue to be to 18. used by sailors as proof of their achievements for their MNAs and National Olympic Committees. The ISAF Athlete Participation Programme (APP) was again successful in helping sailors attend the Sail Rankings Sub-Committee Championship. Gregory DOUGLAS became the Dan IBSEN (DEN) - Chairman first sailor from Barbados to ever compete at a Jeff MARTIN (GBR) - Vice-Chairman Youth Worlds. See page 16 for a full report on the Sofia BEKATOROU (GRE) Gary BODIE (USA) 2006 APP. Darren DUNKLEY-SMITH (AUS) ISAF thanks Nautivela, Performance Sailcraft UK, Peter HALL (CAN) Europe and Neil Pryde who supplied the equipment. Youth World Championships See page 24 for a full report. The biggest issue facing the Youth World Championship Sub-Committee at the start of 2006 Youth World Championship Sub-Committee was finding a venue for the Volvo Youth Sailing Fiona KIDD (CAN) - Chairman ISAF World Championship 2007. Following a bid Susan THOMPSON (AUS) - Vice-Chairman process in early January 2006, Kingston, Paddy BOYD (IRL) Johan DEVOCHT (BEL) was selected from seven other venues at the John FRIEND (GBR) Executive Meeting in February. Plans for the event Philippos GEORGAKIS (CYP) progressed well throughout the year. Sungchul JEONG (KOR) Jakub KOZELSKY (CZE) At the Mid-Year Meeing, the equipment for the 2008 Edwin LOW (SIN) Youth Worlds was selected with the exception of Esperanza PEREZ-CRESPO (ESP) the multihull event. The SL16 was later selected Ralph ROBERTS (NZL) at the Annual Conference where the equipment for Emanuela SOSSI (ITA) Zofia TRUCHANOWICZ (POL) the 2009 Youth Worlds was also selected.

Bjorn UNGER (SWE) - Chairman Jorunn HORGEN (NOR) Totos THEODOSSIOU (CYP) - Vice-Chairman HRH Prince Frederik of Denmark (DEN) Kim ANDERSEN (DEN) Oleg ILYIN (RUS) Chris ATKINS (GBR) - Team Racing representative Phil JONES (AUS) Olivier BOVYN (FRA) Fiona KIDD (CAN) - Youth Championship representative (NED) Ahmet MOSTAR (TUR) Gianfranco BUSATTI (ITA) Takao OTANI (JPN) John CREBBIN (IRL) Philippe ROGGE (BEL) Ion ECHAVE (ESP) David SPRAGUE (CAN) - ICC representative Adrienne GREENWOOD (NZL) George WOSSALA (HUN) Achim GRIESE (GER) Zvi ZIBLAT (ISR) (USA)

21 2006 ISAF World Sailing Games

The fourth ISAF World Sailing Games took place from 10 - 20 May 2006, on Lake Neusiedl, Burgenland, Austria. Racing in supplied equipment (with the exception of the 49er), the ISAF World Sailing Games gives sailors from all nations and backgrounds the chance to compete against the very best on a completely level playing field. With the UNESCO World Cultural Heritage Site of Lake Neusiedl as the venue for competition and from left to right - well over 700 sailors from more than 60 nations (AUS), Quibin CHEN (CHN), Ingrid PETITJEAN & Nadege taking part, the racing in Austria was spectacular DOUROUX (FRA) and (bottom in every sense of the word. right) & (AUS) - gold medallists The ISAF World Sailing Games ended on Lake at the 2006 ISAF World Sailing Neusiedl with a fitting frenzy of Medal Race Games in the men’s one person dinghy, women’s windsurfer, action, as the previous ten days of racing were women’s two person dinghy distilled into a final day shoot out and Australia just and men’s two person dinghy pipped France to lift the King’s Trophy for the best respectively. © 2006 Laser Worlds, performing nation for the first time. ISAF and David BELL The weather throughout the event provided a The Women’s 470 fleet were up next and this mixture of big breeze and glassy conditions on the time it was gold for France as Ingrid PETITJEAN lake which meant the sailors really had to show and Nadege DOUROUX comfortably controlled their versatility to avoid high scores. their Australian rivals and Following the completion of the qualifying series’ to square things up in the the invited sailors from the top of the ISAF World King’s Trophy battle. The Men’s 470 Medal Race Sailing Rankings arrived and brought another influx was again a battle between the French and the of talent to the event. From the start of the finals Australian teams. Nathan WILMOT and Malcolm series the battle for the King’s Trophy was soon PAGE (AUS) kept their French rivals, Benjamin marked out by Australia, France and the Ukraine. and Romain BONNAUD, under wraps to win the With a host of World and Olympic Champions gold medal. competing across the fleets, the spectators were The 2004 Olympic gold medallists in the 49er, not disappointed. Iker MARTINEZ and Xabier FERNANDEZ (ESP) The medal races took place with the start-finish line kept their competition firmly at bay to take the gold just a few metres from the pier in Neusiedl, allowing medal and round off a dominant Championship spectators front row seats. First up was the Laser ahead of and Georgiy LEONCHUK fleet and Australia’s Tom SLINGSBY needed to from the Ukraine. The Ukrainian challenge was sail a safe race to ensure the gold medal was his. strongest in the windsurfing fleets and Maxim With a close eye on Thomas LE BRETON (FRA) OBEREMKO clinched their only gold medal of the his closest rival, SLINGSBY never looked troubled event by coming in second in the Medal Race. In and secured the first gold medal for Australia. the women’s fleet Olga MASLIVETS (UKR) could

left to right - & (AUS) - gold medallists in the men’s multihull event in the , Maxim OBEREMKO (UKR) - gold medallist in the men’s windsurfer, RS:X whilst Kerstin WICHARDT & Anja HAFKE (GER) claimed the gold medal in the women’s multihull event in the . © ISAF WSG, David BELL and Cornelia GEIGER 22 2006 ISAF World Sailing Games

from left to right - Iker MARTINEZ & Xabier FERNANDEZ (ESP) - gold medallists in the open skiff, 49er, Paige RAILEY (USA) - gold medallist in the women’s one person dinghy, Laser Radial and USA1 - Danny PLETSCH, Carrie HOWE, Caleb SILSBY & Paige HANNON - team racing gold medallists. Below, Maxim OBEREMKO (UKR) - gold medallist in the men’s windsurfer, RS:X. © Gilles MARTIN-RAGET, Dan NERNEY/Rolex, ISAF, David BELL not quite hang on and had to settle for the silver tightest battle of all between defending champion medal whilst Quibin CHEN (CHN) took home the Sophie DE TURCKHEIM (FRA) and then World only Asian medal of the Championship. Champion Paige RAILEY (USA). RAILEY held tight to DE TURCKHEIM who tried desperately to The women’s multihull and windsurfing Medal evade her throughout the race and crossed the Races took place down the lake in Podersdorf. In line to give the USA their second gold medal. the first race, for the Hobie 16 Women, there was a major upset. Kerstin WICHARDT and Anja HAFKE Their first went to USA1 in an equally thrilling final (GER) snuck away from the fleet to take the bullet in the team racing event. Spectators were treated and with it the gold medal when none of the rest of to the world’s best team racers competing within the fleet reached the finish line within the time limit inches of the end of the pier and the final between due to the light winds. The Hobie Tiger Medal Race USA1 and GBR3 was a spectacular end to an back in Neusiedl was much more straightforward action packed team racing event. and Darren BUNDOCK and Glenn ASHBY added ISAF thanks the Organizing Committee in Austria, more points for Australia by securing another gold the Austrian Sailing Federation and all of the medal. sponsors and volunteers who helped to make the The final Medal Race was the Laser Radial and 2006 ISAF World Sailing Games the success it brought the championship to a fitting close with the was.

Men’s One Person Dinghy - Laser - 75 athletes Women’s One Person Dinghy - Laser Radial - 65 athletes 1 Tom SLINGSBY AUS 1 Paige RAILEY USA 2 Thomas LE BRETON FRA 2 Sophie DE TURCKHEIM FRA 3 Diego ROMERO ARG 3 AUS Men’s Two Person Dinghy - 470 - 118 athletes (59 teams) Women’s Two Person Dinghy - 470 - 74 athletes (37 teams) 1 Nathan WILMOT & Malcolm PAGE AUS 1 Ingrid PETITJEAN & Nadege DOUROUX FRA 2 Benjamin BONNAUD & Romain BONNAUD FRA 2 Elise RECHICHI & Tessa PARKINSON AUS 3 Francisco SANCHEZ & Alejandro RAMOS ESP 3 & Olena PAKHOLCHYK UKR Men’s Windsurfer - RS:X - 48 athletes Women’s Windsurfer - RS:X - 27 athletes 1 Maxim OBEREMKO UKR 1 Quibin CHEN CHN 2 NZL 2 Olga MASLIVETS UKR 3 FRA 3 Blanca MANCHON ESP Men’s Multihull - Hobie Tiger - 70 athletes (35 teams) Women’s Multihull - Hobie 16 - 38 athletes (19 teams) 1 Darren BUNDOCK & Glenn ASHBY AUS 1 Kerstin WICHARDT & Anja HAFKE GER 2 & Herbert DERCKSEN NED 2 Marie DUVIGNAC & Pauline THEVENOT FRA 3 Coen DE KONING & Laurent GUILLEMETTE NED 3 Annie NELSON & Susan KORZENIEWSKI USA Open Skiff - 49er - 62 athletes (31 teams) King’s Trophy - Best Performance Nation 1 Iker MARTINEZ & Xabier FERNANDEZ ESP 1 Australia 39 2 Rodion LUKA & UKR 2 France 37 3 Pietro SIBELLO & Gianfranco SIBELLO ITA 3 Ukraine 36 Team Racing - 420 - 56 athletes (14 teams) 1 USA 1 - Danny PLETSCH, Carrie HOWE, Caleb SILSBY & Paige HANNON USA 2 GBR 3 - Steve TYLECOTE, Debs KERSHAW, Rob SHERRINGTON & Linda EADIE GBR 3 USA 2 - Tim WADLOW, Ery LARGARY, Tim FALLON & Karen RENZULLI USA 23 2006 Volvo Youth Sailing ISAF World Championship

281 sailors from 63 Youth Worlds medal, and second gold, along with nations made the Richard GLOVER in the Hobie 16. 2006 Volvo Youth The 2006 Youth Worlds once again reflected the Sailing ISAF World diversity of the sailing world. All the gold medals Championship the went to sailors from different nations, with Europe, biggest ever. The Oceania, North and South America all represented Weymouth and amongst the champions. A great final day from Portland National Sailing Academy in Great Britain Singapore saw them break into the top ten in the were excellent hosts from 12 - 21 July and the Volvo Trophy standings led by the bronze medal event has even been labelled the ‘best ever’. winning performance of Sarah TAN and Tze TING The six racing days decided the eight 2006 ISAF in the Girls’ 420, the first medal for Singapore ina Youth World titles and saw Italy become only the girl’s event. fifth nation to ever lift the Volvo Trophy for the best Brazil won the national battle of the South performing nation. American nations, but Argentina could celebrate ISAF President Göran PETERSSON (SWE) when Sebastian PERI BRUSA and Santiago formally opened the Championship at a spectacular MASSERONI (ARG) lifted the trophy for winning Opening Ceremony and for the most part the 281 the Boys’ 420 event. The 420s turned out to be the sailors enjoyed bright sunshine. The RS:X fleet fleet to watch on the final day, with Sam KIVELL raced in the harbour and enjoyed good winds and Max TAYLOR (AUS) taking advantage of through most of the regatta whilst for the other a poor spinnaker set by overnight leaders, the fleets outside in the bay, conditions turned light after Argentineans to put enough boats between them excellent conditions early in the Championship. and their rivals to snatch the title. However a protest

Tina MIHELIC (CRO) - gold medallist in the Tom PHIPPS & Richard GLOVER (GBR) Belinda KERL & Chelsea HALL (AUS) girl’s one person dinghy, Laser Radial and - gold medallists in the open multihull, - gold medallists in the girl’s two person the first ever gold medallist for Croatia. Hobie 16. dinghy, 420. © onEdition © onEdition © onEdition

Lukasz GRODZICKI (POL) was the only gold by the Argentineans was upheld by the Jury and medallist from the 2005 Youth Worlds who returned PERI BRUSA and MASSERONI were back on top to defend his title in 2006. In Korea he dominated of the podium. the windsurfing fleet to win with a race to spare Canada claimed their first gold medal for four years and repeated the trick in Weymouth, seemingly in the hotly contested Laser fleet. Luke RAMSAY unaffected by the switch from the Mistral to the RS: claimed the gold medal by just two points after a X. Elsewhere, experience also seemed to count fierce battle with Sweden’s Emil CEDERGARD. for a lot, and of the seven gold medals only one went to a crew in their debut performance. That Like RAMSAY in the Laser, Laser Radial gold was the lively Australian pairing of Belinda KERL medallist Tina MIHELIC (CRO) put her success and Chelsea HALL, who added to their nation’s this year down to hard graft. It is the third Youth phenomenal record in the Girl’s Two Person Dinghy Worlds for the Croatian and having finished fourth event. In the last ten Youth Worlds, Australia have in Busan last year she was determined to end her won five gold and two silver medals in the event. final Youth Worlds in style. ‘All this year I have been waiting for this regatta,’ she explained as she won In the Girls’ RS:X fleet, Laura LINARES (ITA) the first gold medal for Croatia at a Youth Worlds. scored gold after two bronze medals at previous Youth Worlds, whilst Britain’s Tom PHIPPS The Youth Worlds has always been about more demonstrated superb boat handling skills right than just medals, and amongst the record turnout through the regatta to also collect his third ISAF there were plenty of inspiring stories of youngsters

24 2006 Volvo Youth Sailing ISAF World Championship

Lukasz GRODZICKI (POL) Luke RAMSAY (CAN) Sebastien PERI BRUSA Laura LINARES (ITA) - gold medallist in the - gold medallist in the & Santiago MASSERONI - gold medallist in the girl’s boy’s windsurfer, RS:X, the boy’s one person dinghy, (ARG) - gold medallists windsurfer, RS:X, her third only defending champion Laser after a fierce battle in the boy’s two person Youth Worlds medal and competing in Weymouth. throughout the event. dinghy, 420. Italy’s second ever gold. © onEdition © onEdition © onEdition © onEdition upsetting the odds just to even get in a boat, let No one better typified this spirit of enthusiasm and alone compete on the world stage. The ISAF ambition than LINARES. In collecting her gold Athlete Participation Programme (APP) once again medal the popular Italian received the biggest helped sailors compete at the Worlds and provided cheer of the night. She has fought through three coaching for those teams traveling without a coach. Youth Worlds now, picking up the bronze in See page 16 for a full report on the ISAF Athlete 2004 and 2005 before her dominant display in Participation Programme. Weymouth in 2006 which spearheaded Italy’s Volvo Trophy success. ‘I finally realized my dream,’ In the 35th edition of the Youth Worlds, Barbados she revealed. ‘Now my biggest dream is to come became the 94th nation to compete in the world’s back here in 2012. premier youth sailing event. APP sailor Gregory DOUGLAS (BAR) did his country proud in the ISAF thanks the event organziers, sponsors, boat Laser, ending the regatta on a high with a series suppliers and volunteers who helped make the best score of 21 in the final race bumping him up event such a success. to 32 out of the 44 competitors. After consistent The record breaking numbers were welcomed sailing by the everywhere but also presented a mass of whole team including Laura challenges for the organizers. For Event Director LINARES’S gold Rob ANDREWS though, the rewards of hosting the medal in the girl’s Youth Worlds and meeting such an array of young RS:X Italy lifted the Volvo Trophy and enthusiastic sailors, many of them dreaming for best nation for of returning to Weymouth at the 2012 Olympic the first time. Games, were well worth the effort. © onEdition

Boy’s One Person Dinghy - Laser - 44 athletes Girl’s One Person Dinghy - Laser Radial - 42 athletes 1 Luke RAMSAY CAN 1 Tina MIHELIC CRO 2 Emil CEDERGARD SWE 2 NED 3 Igor LISOVENKA RUS 3 Maiken Foght SCHUTT DEN Boy’s Two Person Dinghy - 420 - 70 athletes (35 teams) Girl’s Two Person Dinghy - 420 - 48 athletes (24 teams) 1 Sebastian PERI BRUSA & Santiago MASSERONI ARG 1 Belinda KERL & Chelsea HALL AUS 2 Sam KIVELL & Max TAYLOR AUS 2 Agueda SURIA & Marta MARTINEZ-PONS ESP 3 Marcos ADLER & Bruno LEAL FARIA BRA 3 Sarah TAN & Tze TING SIN Boy’s Windsurfer - RS:X - 29 athletes Girl’s Windsurfer - RS:X - 18 athletes 1 Lukasz GRODZICKI POL 1 Laura LINARES ITA 2 Fabian HEIDEGGER ITA 2 Maayan DAVIDOVICH ISR 3 FRA 3 Malgorzata SRADNICK POL Open Multihull - Hobie 16 - 26 athletes (13 teams) Volvo Trophy - Best Performing Nation 1 Tom PHIPPS & Richard GLOVER GBR 1 Italy 249 2 Bruno VILELA FREY & Ricieri VIDAL MARCHI BRA 2 Great Britain 243 3 Jenna Mai HANSEN & Jonathan BAY DEN 3 Australia 219 25 ISAF Classes Committee

44 Classes were represented at the Annual The Olympic Classes Sub-Committee was Conference. created in 2006 with representation from each of the eleven Olympic events. The OCSC will report Prior to the Conference a summary report of the to the ISAF Classes Committee. relevant Submissions was sent to all of the ISAF

Classes. The report identified important issues Olympic Classes Sub-Committee and the classes were invited to respond before Malav SHROFF (IND) - Chairman the meeting with their views and comments, ..plus one representative from each of the Olympic Classes allowing classes who are unable to attend the International 470 Class Association International 49er Class Association meeting to be part of the ISAF system and offer International Finn Association Inc their opinions. International Laser Class Association International Laser Radial Class Association In addition to reviewing submissions, the ISAF International RS:X Class Association Classes Committee received a report on In-House International Star Class Association Certification and the new Class Rule changes International Tornado Association International Yngling Association procedure.

Jeff MARTIN (GBR) - Chairman David SPRAGUE (CAN) - Vice-Chairman, Events representative David BROOKES (AUS) - Class Rule representative Darren DUNKLEY-SMITH (AUS) - Equipment representative Richard HART (GBR) - Equipment Control representative Dina KOWALYSHYN (USA) - Women’s representative Ceri WILLIAMS (GBR) - Windsurfing representative ...plus representatives from each of the ISAF Classes as per ISAF Regulation 6.11

top - Darren BUNDOCK & Glenn ASHBY (AUS) - 2006 Tornado World Champions also won the gold medal at the ISAF World Sailing Games in the Hobie Tiger.

Lijia XU (CHN) - 2006 Laser Radial World Champion and the bottom - & (FRA) - one of first Chinese sailor to ever win a World Championship title in an the most consistent teams on the Star Rankings, never dipping Olympic Class. below #3 except for a short spell in October. © Xiaotian ZHANG/ChinaFotoPress/Getty Images © Dan NERNEY/Rolex

26 Match Racing Committee

ISAF Nations Cup and Clinics Royal Cork Yacht Club. The successful re-introduction of the ISAF Nations The Match Racing Committee is committed to Cup was completed in 2006 through the hard work the continuation of the ISAF Nations Cup and its of a working party led by Sally BURNETT (GBR). associated clinics and thanks all those who worked The working party produced a manual and prepared so hard to make it the success that it was. Notices of Race and Sailing Instructions for use by the Organizing Committees of the Regional Finals Graded Events and Grand Final. In 2006, ISAF granted grading approval for 426 Regional Final Venues The Grand Final match racing events; 376 for open events and 50 Venue Date was held in Cork, for women’s events. Dubai, UAE 2-7 April Ireland from 5 - 9 For women’s match racing, this represents an Auckland, NZL 19-24 April September. London, GBR 25-29 April astounding 35% increase in the number of graded Machico, POR 2-7 May In total, 60 teams events from 2005 to 2006. St Thomas, ISV 8-11 June participated in the For all match racing events, open and women, Helsinki, FIN 15-18 June Regional Finals there has been an 18% increase from 2005 to Izola, SLO 28 June-2 July and Grand Final, , BRA 9-13 August 2006, and over the past five years, the increase representing 38 has been an incredible 48%. nations. There were 19 teams from 16 nations at the Grand Final. When teams that competed in Match Race Rankings Sub-Committee (MRRSC) national qualifiers are also added, approximately The Match Race Rankings Holiday policy was 80 teams participated. updated and published on the ISAF website. France won both the open and the women’s The MRRSC received a number of requests from titles and their teams were skippered by Matthieu events for grading dispensation during 2006 and RICHARD and respectively. Please reviewed the grading of several others. Several see the full report on page 30. regattas were granted dispensation when last With the excellent cooperation and support of the minute changes to circumstances beyond their International Umpires Sub-Committee, the Match control did not allow them to fully comply with grading Racing Committee also organized Match Race requirements. Other regattas were re-graded for Clinics prior to the Regional Finals in Slovenia, failure to comply with grading requirements due to Portugal, US Virgin Islands, United Arab Emirates circumstances that were within their control. and . Approximately 200 people The late reporting of event results created a participated in the ISAF Nations Cup Clinics. problem for some competitors because it meant A separate clinic was also held in Sopot, Poland their ranking points were not included in the ranking and a special two day clinic took place at the Grand system. A new policy was subsequently created Final in Cork, Ireland. Six of the 14 participants and ranking points were given to competitors went on to umpire with the International Umpires where appropriate. at the Grand Final. The clinics were so successful Improvements were made to the ISAF Standard that several MNAs asked for a continuation of the Match Racing Sailing Instructions and the revised program in their local areas. versions are published on the website. Changing The global nature of the ISAF Nations Cup was the template to Word format made downloading exemplified by the popularity of the Grand Final and using the template much easier for many website run by the Organizing Committee of the Organizing Committees.

(left) Sébastien COL (FRA) - #1 on the ISAF World Match Race Rankings from August to the end of the year. (centre) (AUS) and his PST crew won the ISAF World Match Racing title and his second consecutive ISAF Rolex World Sailor of the Year nomination. (right) Claire LEROY (FRA) - topped the ISAF Women’s Match Racing world rankings for all of 2006. © Per HEEGAARD/Danish Open, Richard Walch/World Match Racing Tour 27 Match Racing Committee

Match Race Rankings Sub-Committee Event Name Venue Date Shane BORRELL (NZL) 2006 Events Dobbs DAVIS (USA) Portugal Match Cup Cascais, POR 18-23 Jul (DEN) Danish Open Copenhagen, DEN 9-13 August St Moritz Match Race St Moritz, SUI 15-20 August World Match Racing Tour Bermuda Gold Cup Hamilton, BER 10-15 October Allianz Cup San Francisco, USA 24-29 October Kuala Terengganu, 28 November - The 2005-06 World Match Racing Tour ended in July 2006. 50 teams took part in the tour and Peter MAS 3 December 2007 Events GILMOUR (AUS) was crowned the 2006 ISAF Langenargen, GER 23-28 May Match Racing World Champion for the fourth time Portugal Match Cup Cascais, POR 25-29 July with his third consecutive Tour Championship win. Danish Open Copenhagen, DEN 8-12 August The total prize money was $1,122,000 and ISAF St Moritz Match Race St Moritz, SUI 14-19 August received $55,000 in Advertising and Grading Fees, ACI Match Race Cup Rovinj, CRO 18-22 September Locman Cup - Elba Island Azzuro, Elba, ITA 24-29 September and $50,000 in Umpire fees. Bermuda Gold Cup Hamilton, BER 9-14 October 2005-2006 Tour Results - Top Five Skippers Brasil Sailing Cup Angra dos Reis, BRA 23-28 October Kuala Terengganu, 28 November - Position Skipper Nation Points Monsoon Cup MAS 2 December 1 Peter GILMOUR AUS 113 2 GBR 63 officials and volunteers made it an unforgettable 3 Staffan LINDBERG FIN 61 event for all the competitors and spectators. The 4 DEN 45 standard of competition was exceptional and the 5 GBR 45 competitors showcased Match Racing on a true The 2006-07 Tour began in July and the 15 World Championship level. stages will include the events detailed in the table Twelve of the world’s most accomplished women opposite to bring the Tour in line with the 2008 match race helms fought hard to win this World calendar year. A skipper’s best eight finishes will Championship. In the end, Dorte JENSEN, from count towards the 2007 ISAF Match Racing World the host country Denmark, stood tall as the 2006 Championship. World Champion. Each leg of the World Match Racing Tour is The 2007 Women’s Match Racing World televised reaching a potential of 670,000,000 Championship will take place in St. Quay, France. viewers. The 2006 event broadcasting includes Eurosport, Gaora Sports (), Sportsnet, Sky Olympic Games Sports NZ, Sky Sports UK, Versus (North America) The Match Racing Committee is carefully studying and Viasat (Scandinavia), ESPN Star Sports and appraising the possibility of re-introducing (ASIA) and Sailing Channel (Italy). match racing back into the Olympic Games for The Tour website www.worldmatchracingtour.com 2012. has news, interviews, previews and up to date Franoise PASCAL results from every Tour event. The Tour TV shows are broadcast on a broadband channel linked from It is with deep sadness that the Committee the Tour website and can also be seen on sail.tv. reports the untimely death of fellow committee member, Françoise PASCAL (FRA). Françoise ISAF Women’s Match Racing World was a passionate advocate and supporter of Championship match racing, not only in her own country, but The Dexia Private Banking ISAF Women’s worldwide. She was a valued and vital member of Match Race World Championship 2006 was an the committee. Her enthusiasm and her valuable extremely successful event hosted by the Royal contributions will be sorely missed, but most of all Danish Yacht Club and the Royal Danish Match we will miss her bright smile, her friendly attitude Race Centre. The outstanding work of all the and her willingness to volunteer for any job that would further the progress of match racing.

Henry MENIN (ISV) - Chairman Jane CORREIA (BER) (BRA) - Vice-Chairman Elizabeth FILTER (USA) Henri van der AAT (NED) Yuri KRYUCHENKOV (RUS) Gustavo BENAVENT (ESP) Leo KURET (CRO) Shane BORRELL (NZL) Françoise PASCAL (FRA) Sally BURNETT (GBR) Lotte MELDGAARD PEDERSEN (DEN) Walter CAVALLUCCI (ITA) Nadine STEGENWALNER (GER)

28 Dexia Private Banking ISAF Women’s Match Racing World Championship 2006

Dorte JENSEN (DEN) won a classic Swedish- KRAUSE (DEN), David PELLING (CAN), Alfredo Danish final at the Dexia Private Banking ISAF RICCI (ITA), Eva ANDERSSON (SWE), Deborah Women’s Match Racing World Championship SCHOENHERR (USA), Bjorn ANKER-MOELLER on her home waters in Copenhagen, Denmark (DEN) and Jesper WILKEN (DEN). to lift her fourth World title. She defeated Marie The importance of the event was highlighted by BJÖRLING (SWE) to complete a perfect return to the presence of HRH Crown Prince Frederik of the women’s match racing scene. Denmark, ISAF President Göran PETERSSON 12 teams from six nations competed at the (SWE), ISAF Vice-President Nucci NOVI Championship which took place from 24 - 28 July CEPPELLINI (ITA) and Council Member Kim in Copenhagen, Denmark and was hosted by the ANDERSEN (DEN). Royal Danish Yacht Club. The competitors included the defending champion Sally BARKOW (USA) going for a hat trick and then world # 1 on the ISAF Women’s World Match Race Rankings, Claire LEROY (FRA) and three times world champion Dorte JENSEN (DEN). Not since the 2002 Swedish Match Cup has JENSEN competed on the ISAF Graded women’s match racing circuit, but on her return with crew Gitte BJERREGÅRD, Lea OLSEN, Tine KJÆRGÅRD, Helle JESPERSEN and Nathalia NYELAND, she showed she has lost none of her prowess in front of a huge crowd of spectators in Skovshoved Harbour. During the Championship week JENSEN increasingly piled the pressure on her opponents and with Viking horns playing, HRH Crown Prince Dorte JENSEN (DEN) and her team in action on the water (above) and celebrating their victory (below). JENSEN’s FREDERIK of Denmark presented the trophy. achievement was further acknowledged when she became an JENSEN and her crew demonstrated over the ISAF Rolex World Sailor of the Year Award nominee. course of the matches that teamwork, skill, © Per HEEGAARD determination and cold calm calculation are what it takes to succeed - indeed this was a fine example of a Championship that has been won by true Champions. Not that anyone could describe the process of wining gold as trivial. In fact the final against the second placed crew, skippered by Sweden’s Marie BJÖRLING, now a four-time silver medallist - three times at the hands of JENSEN - demonstrated how much this win is worth. The final score of 3-0 does not paint a true picture of how close the final was and the end of the last match had each and every spectator silent and holding their collective breaths. It was never a walk Pos Skipper Nation over. 1 Dorte JENSEN DEN 2 Marie BJÖRLING SWE In the battle for bronze medal position another 3 Linda RAHM SWE Swedish-Danish match saw Linda RAHM (SWE) 4 Lotte MELDGAARD PEDERSEN DEN complete a fantastic Championship by claiming 5 Klaartje ZUIDERBAAN NED the bronze medal. RAHM overcame Lotte 6 Malin KÄLLSTRÖM SWE MELDGAARD PEDERSEN (DEN) 2-1 to win her 7 Sally BARKOW USA first World Championship medal and vastly improve 8 Claire LEROY FRA on her previous best performance of eleventh. 9 Nina BRAESTRUP DEN The umpire team in Copenhagen was lead 10 Betsy ALISON USA 11 Christelle PHILIPPE FRA by Peter SHRUBB (BER) and included Soren 12 Silka HAHLBROCK GER 29 ISAF Nations Cup 2006

The ISAF Nations Cup Grand Final took place from 4 - 9 September 2006 in Cork, Ireland and was hosted by the Royal Cork Yacht Club in association with Failte Ireland, the Irish Sports Council, and Smart Telecom. The winners of each Regional Final (nine open and five women’s teams) joined teams from the defending nations to The winning French teams skippered by Mathieu RICHARD (left) and Claire LEROY (right). © Paul WYETH and Daragh MAC SWEENEY/Provision battle it out for the title. 16 nations were represented. Women’s Final The Organizing Committee provided twelve J24s It was a European final for the women with ISAF which were sailed with a crew of four. world #1 ranked skipper Claire LEROY leading the After four days of racing the stage was set for a French team and world #5 Lotte MELDGAARD showdown in the open final between defending PEDERSEN taking up the gauntlet for Denmark. champions and France, whilst in the After an even start in the first match, France women’s event, France hoped to do the double by reached the windward mark first with 2-3 boat defeating Denmark. lengths to spare. At the top of the second beat Spectators were treated to outstanding racing they were able to clear their pre-start penalty and throughout the series and neither Final disappointed managed to stay ahead by a nose to take the first fans. match. Open Final The second match was another close battle after a very even start, with both teams covering each Tensions were high as the defending champions other up to the windward mark. An incident with South Africa, led by Ian AINSLIE faced Mathieu a passing cruiser at the leeward mark caused RICHARD’s French team. The first match saw competitors to protest. The umpires decided that it both teams get a clear start at the committee boat did not affect their racing and the match continued. end. France opened the gap slightly to leeward France clinched victory by a whisker and matched and a tacking duel ensued up the first beat. The their countrymen in the open event with a 2-0 excellent boat handling skills of the French gave score. them the extra boat length needed to pull away into clean air and take the first point. ISAF thanks the Organizing Committees of the Grand Final, all the Regional Finals and the France led from the start of the second match and national qualification regattas for their hard work in came out a boat length ahead at the top mark but making the ISAF Nations Cup 2006 a success. carrying a penalty. It was neck and neck downwind, but South Africa hit the mark and incurred a penalty The Umpire team was led by Sally BURNETT to tie the teams with one each. The tension was high (GBR), with International Umpires Jan STAGE as they gybed downwind. South Africa slowly closed (DEN), Jack LLOYD (NZL), Craig MITCHELL the gap but the French forced another penalty to (GBR), Ailbie MILLERICK (IRL) and National win the Nations Cup with a score of 2-0. Umpires Flavio NAVEIRA (ARG) and Mike O’CONNOR (IRL). Open Grand Final Pos Helm Crew Nation 1 Mathieu RICHARD Frederic RIVET, Olivier HERLEDANT, Greg EVERARD FRA 2 Ian AINSLIE David RAE, Alex RUNCIMAN, Golden MGEDEZA RSA 3 Eugeniy NEUGODNIKOV Alexander EKIMOV, Nikolay KOMEV, Andrey KOCHNEV RUS 4 Brian ANGEL David HOCHART, Mike BROWN, Brian JANNEY USA Women’s Grand Final Pos Helm Crew Nation 1 Claire LEROY Dorothee MARTIN D’AURAY, Elodie BERTRAND, Morgane GAUTIER FRA 2 Lotte MELDGAARD PEDERSEN Nina GRUNO, Christel TEGLERS DEN 3 Klaartje ZUIDERBAAN Trijntje ZUIDERBAAN, Nanda NENGERMAN, NED 4 Kylie MCKILLOP, Rayshele MARTIN, AUS 30 Offshore Committee

The Offshore Committee achieved a great deal in 2006 and at the same time identified a number or areas where work can be done to further improve offshore sailing. A meeting of all organizers of major oceanic events is planned. Françoise PASCAL sadly passed away, while Jacques LEHNS was appointed to the Committee to represent Offshore Classes. A considerable amount of work undertaken by the Offshore Committee on technical matters is important to the future of sailing. Council confirmed that ISAF should have ISO Observer status.

Special Regulations Sub-Committee Patrick LINDQVIST (FIN) - Acting Chairman Gunter AHLERS (GER) Will APOLD (CAN) Bruce EISSNER (USA) Giovanni IANNUCCI (ITA) Ken KERSHAW (GBR) - Equipment Control representative Jean Bertrand MOTHES MASSE (FRA) Abraham ROSEMBERG (BRA) Mike SANDERSON (NZL) - winning skipper of the Volvo Ocean Minoru TOMITA (JPN) Race 2005-2006 with ABN AMRO ONE was also voted the 2006 ISAF Rolex World Sailor of the Year Award winner. © Oskar KIHLBORG/Volvo Ocean Race The Committee worked on numerous Submissions which were discussed at the Annual Conference Submission 139, referring to Racing Rule 78.2 with the following outcome: about rating certificates was also rejected by Council but it was noted that the Rule can cause Racing Rules problems and therefore discussions will be held The Committee considered several Submissions with the Chairman of the Racing Rules Committee, relating to the ISAF Racing Rules of Sailing and the David TILLETT (AUS) to find a solution. Chairman made six Submissions for discussion at Submissions 141, 153, 157 and 170 were all the Annual Conference. rejected by Council but the Racing Rules Committee The Committee agreed to reject Submission 130, recommended that a special offshore set of Sailing relating to Racing Rule 49.2 about lifelines and it was Instructions together with a separate appendix on also rejected by Council. The Committee stressed the ISAF website dealing with offshore should be that Offshore Special Regulations requirements on worked on immediately and they will give their lifelines should be strictly enforced. support to that effort.

Bruno PEYRON (FRA) - skipper of record breaking Orange II Yves PARLIER (FRA) - skipper of record breaking Médiatis- and ISAF Rolex World Sailor of the Year Award nominee for the Région Aquitane and ISAF Rolex World Sailor of the Year second consecutive year. Award nominee. © Billy BLACK/DPPI/Orange Sailing © Laurent THEILLET

31 Offshore Committee

Dee CAFFARI (GBR) - nominated for the ISAF Rolex World Sébastien JOSSE (FRA) - skipper of ABN AMRO TWO in the Sailor of the Year Award after becoming the first woman to sail Volvo Ocean Race 2006-2007 and nominated for the 2006 ISAF single-handed non-stop around the world west-about. Rolex World Sailor of the Year Award. © Peter L. GOLDMAN/DPPI/Aviva Challenge © Jon NASH/Volvo Ocean Race

Mike URWIN (GBR) and Nils NORDENSTRØM. Oceanic Sub-Committee Abraham ROSEMBERG (BRA) - Chairman Submission 59 which proposed making the use Jacques LEHN (FRA) - Vice-Chairman of ISAF Plaques at Class World Championships Guillermo ALTADILL (ESP) mandatory for all competitors was approved but a Will APOLD (CAN) Pierre FEHLMANN (SUI) more detailed proposal regarding the application Alan GREEN (GBR) of fees to ‘grandfather’ boats built after 1990 and Stanley HONEY (USA) exact figures will be presented to the 2007 Mid- Giovanni IANNUCCI (ITA) Year Meeting. Max RIVERO KELLY (ARG) Minoru TOMITA (JPN) The X-35 was welcomed as an ISAF Recognized Class. Advertising Submission 101 relating to the requirements of Submission 001 was rejected but Submission Classes meeting the definition ‘Offshore Classes’, 15 approved. The former could have led to a was withdrawn by the Committee. The Committee conflict between event sponsors and sponsors passed its recommendations on this issue to the of individual yachts which could have potentially Class Rules Sub-Committee for consideration serious implications for the offshore fleet. as part of a Standard Class Rules template for Offshore Yachts. A considerable amount of work has been undertaken on the subject of Standard Parameters Empirical Handicap Sub-Committee and Notation for Description of Boats, led by Nils Nils NORDENSTRØM (NOR) - Chairman NORDENSTRØM (NOR). Miguel ROSA (ESP) - Vice-Chairman Paul ANSFIELD (USA) Submission 58, regarding the establishment of a Carlos GASTELU (ARG) working party to investigate this issue further was Ken KERSHAW (GBR) approved and the following members appointed: Denis KIELY (IRL) Kjell BORKING (SWE) chairman, Ken KERSHAW Daniel PILLONS (FRA) (GBR), Nicola SIRONI (ITA), Dan NOWLAN (USA), Gunnar SKOGBY (SWE)

Philip TOLHURST (GBR) - Chairman Kjell BJORKING (SWE) - Vice-Chairman David LYONS (AUS) Will APOLD (CAN) Ioannis MARACKOUDAKIS (GRE) Paddy BOYD (IRL) Nils NORDENSTRØM (NOR) - Empirical Handicap Ignacio Castaner DE LA TORRE (ESP) representative Bruce EISSNER (USA) Françoise PASCAL (FRA) Pierre FEHLMANN (SUI) - Major Ocean Races Stuart QUARRIE (GBR) Bruno FINZI (ITA) - IMS representative Max RIVERO KELLY (ARG) Alan GREEN (GBR) - International/Special Regulations Abraham ROSEMBERG (BRA) representative Wolfgang SCHAEFER (GER) Paul KING (GBR) - IRC representative Minoru TOMITA (JPN) Patrick LINDQVIST (FIN) Hans ZUIDERBAAN (NED)

32 ISAF Offshore Team World Championship 2006

The ISAF Offshore Team World Championship Sardinia Rolex Cup took place in Porto Cervo, Italy from 5 - 10 June 2006. The seven teams from five nations each featured a , and a TP52 which completed separate races each day. Teams collect points by combining the scores of their three boats with the winning team finishing with the lowest points score. The Yacht Club Costa Smeralda (YCCS) were excellent hosts providing outstanding hospitality to the event. The Sardinia Rolex Cup has been held every two years since 1978 and 2006 was the second year that it took place with the title ISAF Offshore Team World Championship. Team Sardagna were eventually triumphant after five days of racing. The programme included windward-leeward races and a distance race, set in one of the most spectacular point to point arenas in the world. Light winds prevailed throughout the championship with mainly north-easterly and easterly winds ranging from 5 to 12 knots and slight seas. The fifth and final day of racing saw the crews struggling with light northeast winds and the eight nautical mile race had eventually to be cancelled. Team Sardagna included a number of top international sailors and their three skippers were Vincenzo ONORATO, Stefano POLTI and Stuart ROBINSON. Team Germany finished second and Monaco third. The defending champions Spain came in in fifth place despite Pedro CAMPOS Bribon Movistar winning the TP52 division. The Jury team was chaired by Michael CLOUGH The winning team, Team Sardegna, at the ISAF Offshore Team (GBR) with Riccardo ANTONI (ITA), John RIPARD World Championship Sardinia Rolex Cup 2006. Team Sardgena (MLT), Ken RYAN (IRL), Don GENITEMPO (USA) finished with a 15 point lead over second placed team Germany. and Giorgio LAURO (ITA). Top - Mascalzone Latino (Farr 40) - Vincenzo ONORATO Middle - Mintaka (Swan 45) - Stefano POLTI The next event will take place in 2008 and will again Bottom - Santa Ana (TP52) - Stuart ROBINSON © Carlo BORLENGHI/ROLEX be hosted by the YCCS in Porto Cervo, Italy.

Pos in Pos in Pos in Pos Team Farr 40 Swan 45 TP52 Points Fleet Fleet Fleet Mascalzone Latino Mintaka Santa Ana 1 Sardegna 1 1 366 Vincenzo ONORATO Stefano POLTI Stuart ROBINSON Struntje Light Opus One Pinta 2 Germany 5 4 281 Wolfgang SCHAEFER Wolfgang STOLZ Michael ILLBRUCK Joe Jeroboam Ca’nova Anonimo 3 Monaco 2 5 488 Giovanni MASPERO Vittorio CODECASA Riccardo SIMONESCHI Fiamma Swantastic Orlanda 4 Italy 4 2 589 Alessandro BARNABA Lorenzo BORTOLOTTI Alessandro PIRERA Nerone Mutua Madrilena Vertigo Mutua Madrilena Bribon Movistar 5 Spain 3 7 197 Massimo MEZZAROMA Marco SALVI Pedro CAMPOS Vita Sangemini Atlantica Racing wokita.com 6USA 6 6 6120 Giovanni ARRIVABENE Carl PERRONE John BUCHAN La Marachella T...Too A - Team 7 Alpe Adria 7 3 7156 Sandro PANTALEO Francesco MARTINO Gianluca MONTELLA 33 Race Offi cials Committee

2006 was a year of progress for the Race Officials Venue Attendees Nations Committee. The Committee was allocated nine International Judges Seminars projects from the Strategic Plan, activity that will Chicago (USA) 22 5 build on the current work to address the key area (RUS) 19 4 of maintaining sufficient Race Officials with the Rio de Janeiro (BRA) 27 5 appropriate experience to meet the demands of Gent (BEL) 20 7 the coming years. International Judges Clinics Singapore (SIN) 22 9 Education and Development Limassol (CYP) 17 3 During 2006, nine seminars and 18 clinics took Measurers Seminars place. Seminars are required for candidates Miami, Florida (USA) 10 2 progressing towards being appointed as ISAF Measurement Clinic Race Officials and Clinics are aimed at improving Singapore (SIN) 10 6 the standards of Race Officials at all levels. International Umpires Seminars Antibes (FRA) 13 6 Nine Rule 42 workshops were held in conjunction Yekaterinebourg (RUS) 10 4 with events to improve the understanding and Match Racing Clinics application of Rule 42. These workshops, open to Sopot (POL) 25 judges, competitors and coaches, mark a major Team Racing Clinics step forward with the ISAF Rule 42 education Istanbul (TUR) 28+ 1 programme and will continue through 2007. Race Management Seminars The Race Management Sub-Committee held a Bulgaria (BUL) 16 4 conference attended by 90 International Race Race Management Clinics Officers (IROs) in Southampton, Great Britain. Istanbul (TUR) 14 The objective was to develop best practice around Taipei (TPE) 30 the world and apply this consistently, especially at Cascais (POR) 18 1 Olympic Class events. projects arising from the Strategic Plan reflect this. During 2006 planning for the first International The Committee will continue to work with MNAs to Measurers (IM) conference scheduled for February encourage the recruitment of Race Officials. 2007 progressed well. All IMs were invited to attend Work approved by Council in 2005 relating to the the conference together with other delegates with designated MNA of Race Officials was completed a particular interest in International Measurement. in conjunction with the Constitution Committee. In December 2006 a series of clinics for Race Also, as directed by Council, the Committee Officials were run at the Asian Games in Doha. developed proposals for a performance reporting The instructors for these clinics remained with the system for Race Officials. Work to clarify the ISAF team throughout the event. Regulations relating to the appointment of Race Many hours have been invested in improving Officials is well underway and the Committee looks Race Officials’ manuals and updated versions are forward to bringing forward a Submission in 2007. available for download from the ISAF Website. The number of appointments of Race Officials to The ‘Question and Answer panel’ was continued in events that are the responsibility of ISAF continues 2006 and provided a useful service for Officials. to increase. While this is not the responsibility of the ROC, the Appointments Working Party were The high level of activity resulted in a slight provided with the information they require. The list overspend of the 2006 budget and the Committee of appointments for 2006 was published on the anticipates a further increase in 2007. ISAF website in October 2006. Organization and Administration Guidance on the term ‘Principal Event’ was developed and published on the ISAF website as The number of certified IROs slightly increased Status of Race Officials Certifications after the 2006 ISAF Annual Conference Re-Applications New Applications Total in 2006 but the number Renewals Due Re-Appointments of International Judges Made Accepted Officials decreased. It is clear Judges 144 130 118 19 383 that recruitment of new Measurers 39 28 26 21 92 Race Officials remains Race Officers 65 59 51 8 182 a high priority and the Umpires 24 20 19 12 108 majority of the ROC Total 272 237 215 60 639 34 Race Offi cials Committee

an aid to those seeking appointment as an ISAF the direct judging of Medal Races and the race Race Official. management needs of the new competition formats. Working with the Racing Rules Committee, the rules In accordance with its terms of reference the and operational framework for these races were Committee ruled on a number of conflicts of developed. It was inevitable that many changes interest during the year and recognizes that more occurred throughout the year as the learning curve work is required in this area in 2007. was steep. This area should stabilize in 2007 as Medal Race Judging athletes continue their preparation for the 2008 Olympic Sailing Compeition. Race Officials have responded to the demand for

International Measurers Sub-Committee David SPRAGUE (CAN) - Chairman Race Managment Sub-Committee Antonio CARDONA ESPIN (ESP) - Vice- Henry Van der AAT (NED) - Chairman International Judges Sub-Committee Chairman Rafael GONZALEZ (ESP) - Vice- Josje HOFLAND-DOMINICUS (NED) Gunter AHLERS (GER) Chairman - Chairman Dimitris DIMOU (GRE) João ALLEN (POR) Bernard BONNEAU (FRA) - Vice- Hyo-Kyung JANG (KOR) - ICC Patrick BERGMANS (BEL) Chairman representative Tomasz CHAMERA (POL) Sally BURNETT (GBR) Heinz STAUDT (GER) Charley COOK (USA) Jim CAPRON (USA) Alan CROSBIE (IRL) João Pedro CASCAIS (POR) International Umpires Sub-Committee Annika EKMAN (SWE) Claudio FERRAZ (BRA) Jan STAGE (DEN) - Chairman Christophe GAUMONT (FRA) Krystyna LASTOWSKA (POL) Alfredo RICCI (ITA) - Vice-Chairman Helmut JAKOBOWITZ (AUT) Pilsung LEE (KOR) Eva ANDERSSON (SWE) Giorgio LAURO (ITA) Ronald McCRACKEN (HKG) Neven BARAN (CRO) Antony LOCKETT (GBR) Piero OCCHETTO (ITA) Kirk BROWN (USA) Luis ORMAECHEA (ESP) Bill O’HARA (IRL) Jack LLOYD (NZL) Mark PRYKE (AUS) Andres Perez ALVAREZ (ESP) Henry MENIN (ISV) Nino SHMUELI (ISR) Costas TSANTILIS (GRE) Marianne MIDDELTHON (NOR) Paul ULIBARRI (CAN) Marek PAVLOVSKY (CZE) Robin WALLACE (USA) Lorenz WALCH (GER)

ISAF Race Officials Appointments to Events in 2006 Volvo Youth Sailing ISAF World 6 IJs from 6 MNAs (AUS, BEL, BRA, CAN, GBR, DEN) Championship (GBR) 3 IROs from 3 MNAs (ESP, FRA, ISR) 19 IJs from 18 MNAs (AUT, BRA, CAN, CHN, CZE, ESP, FRA, GBR, GER, GRE, IND, ISAF World Sailing Games (AUT) ITA, JPN, MLT, POL, SUI, SWE, TAH) 3 IROs from 3 MNAs (ISR, POL, SWE) ISAF Nations Cup Grand Final (IRL) 8 IUs from 5 MNAs (ARG, DEN, GBR, IRL, NZL) Dexia Private Banking ISAF Women’s 8 IUs from 6 MNAs (BER, CAN, DEN, ITA, SWE, USA) Match Racing World Championship (DEN) ISAF Offshore Team World Championship 6 IJs from 5 MNAs (GBR, ITA, IRL, MLT, USA) (ITA) 21 IJs from 16 MNAs (ALG, AUS, BUL, CHN, ESP, FRA, GBR, HKG, JPN, KOR, MAS, NOR, POL, POR, SIN, THA) Qingdao International Regatta (CHN) 20 IROs from 17 MNAs (BEL, BRA, CAN, CYP, DEN, ESP, FRA, GBR, GER, GRE, ISR, ITA, NZL, PAK, POL, UAE, USA) 52 IJs from 27 MNAs (ARG, AUS, AUT, BUL, CAN, CHN, CRO, ESP, FRA, GBR, GER, Olympic Class World Championships (9) GRE, IND, IRL, ISR, ITA, JPN, KOR, NED, NOR, NZL, POL, QAT, RSA, SUI, SWE, USA) 65 Appointments were made 4 IROs from 4 MNAs (CAN, CRO, GBR, ISR) 16 IJs from 14 MNAs (ALG, ARG, BRA, CHN, COL, ECU, IND, JPN, MAR, KOR, ITA, Regional Games (3) PER, SIN, THA) 24 Appointments were made 5 IUs from 4 MNAs (GBR, IND, ITA, JPN) 1 IRO from 1 MNA (AUS) 89 IUs from 26 MNAs (ARG, AUS, BER, BRA, CAN, CRO, CZE, DEN, ESP, FIN, FRA, ISAF Graded Match Racing Events (36) GBR, GER, IND, IRL, ISR, ISV, ITA, NED, NOR, NZL, POR, RUS, SUI, SWE, USA 353 Appointments were made 78 NUs from 22 MNAs (AHO, ARG, AUS, BRA, CRO, DEN, ESP, FIN, FRA, GBR, GER, IRL, ISV, ITA, NZL, POL, POR, RUS, SLO, SUI, SWE, USA)

John DOERR (GBR) - Chairman Henry Van der AAT (NED) - Vice-Chairman and Race Management representative Josje HOFLAND-DOMINICUS (NED) - International Judges representative David SPRAGUE (CAN) - International Measurers representative Jan STAGE (DEN) - International Umpires representative Bryan WILLIS (GBR) - Racing Rules representative - ex officio - non voting

35 Racing Rules Committee

The ISAF Racing Rules Committee, in association Format Working Party and were involved in with the Race Officials Committee, provides carrying out work throughout the year aimed at an online Racing Rules Question and Answer developing the Medal Race concept as additional service for Race Officials and in 2006 published input is received. six questions, including questions relating to Appendix P of the Racing Rules, Definitions, Mark Documentation for ISAF Events Roundings. Members continue to have significant involvement There were a number of other questions processed in assisting in the preparation of Notices of but not considered appropriate for publication. Race and Sailing Instructions for ISAF events This continues to be a valuable service for Race including documentation for the 2006 ISAF Officials. The Committee regularly receives World Sailing Games, the 2007 ISAF Sailing questions from the ISAF Secretariat, Council World Championships and the 2006 Qingdao Members, Member National Authorities (MNAs) International Regatta. and Race Officials seeking advice in respect of Racing Rules 18 and 19 – Marks and the Racing Rules of Sailing and prompt replies are Obstructions given to these questions. Committee members were involved with MNAs in Regulations Re-Draft working on a redraft and simplification of Rules 18 Extensive work was carried out concerning the re- and 19. It is considered that these rules are drafting of various ISAF Regulations which concern overly complicated and it would be of considerable the Racing Rules of Sailing in order to make assistance for sailors and Race Officials if clearer, them more understandable. Ten Submissions on simplified rules could be drafted. Preliminary this subject were considered at the 2006 Annual discussions occurred to assist in having a final Conference and all work was carried out in draft for consideration in 2007. association with the Constitution Committee. Court of Arbitration for Sport (CAS) Survey on Cheating and Unacceptable Committee members were involved in assisting Behaviour in drafting of defences to proceedings before the Preliminary work, including a survey on Cheating Court of Arbitration for Sport. This involves a and Unacceptable Behaviour, was carried out in matter where an athlete has issued proceedings 2006. Presentations were made to the Executive in CAS from a decision of an International Jury at Committee and the Racing Rules Committee at a world championship event for an Olympic class the Annual Conference. following observations on the water.

Case Book Working Party Appendix LE The Case Book Working Party finalized new cases Members of the Committee were involved in the for publication. ongoing development of Sailing Instructions and Appendix LE with an emphasis on the new formats Match Racing contacted in the Medal Race.

Committee members were involved in the drafting Submissions for Change to the Racing Rules of various Match Racing Calls which formed the basis of Submissions for the Annual Conference. Submissions and proposals for changes to the Members were also involved in assisting the Match Racing Rules for the 2009 - 2012 Edition of the Race Committee in updating the standard Match ISAF Racing Rules of Sailing must be made by Racing Sailing Instructions. the closing date for Submissions for the 2007 Annual Conference. The Racing Rules Committee Olympic Format Working Party - Medal Race Working Party will then finalize all adjustments by - Addendum Q 1 May 2008 for distribution to MNAs and ISAF Class Associations by 30 June 2008. Members of the Committee are on the Olympic

David TILLETT (AUS) - Chairman Josje HOFLAND-DOMINICUS (NED) Bo SAMUELSSON (SWE) Bryan WILLIS (GBR) - Vice-Chairman Nelson HORN ILHA (BRA) Ana Maria SANCHEZ DEL CAMPO Bjørn ANKER-MØLLER (DEN) Pertti LIPAS (FIN) FERRER (ESP) Bernard BONNEAU (FRA) Jack LLOYD (NZL) Katsumi SHIBANUMA (JPN) Kamen FILLYOV (BUL) Marianne MIDDELTHON (NOR) Leo Pieter STOEL (NED) Carlos GASTELU (ARG) Bill O’HARA (IRL) Richard THOMPSON (GBR) Luciano GIACOMI (ITA) Dick ROSE (USA) Costas TSANTILIS (GRE)

36 Regional Games Committee

Two major events took place during 2006: ISAF appointed Technical Delegates to the three Regional Games which included sailing in 2006, Firstly sailing was added as a sport to the 2007 as detailed in the wrap up table at the bottom of African Games, adding another continent to the the page. spread of sailing in Regional Games. To ensure that sailing is included in the programme and to ensure The following Technical Delegates have been that there is a meaningful competition, initially very appointed to the 2007 Regional Games: few classes will be sailed. The Committee will endeavour to steadily upgrade the level of boats Event Nation Technical Delegate Games of the Small being used and increase the number of classes. Monaco George ANDREADIS (GRE) The 2007 African Games will be utilized as a States of Europe starting point to increase participation in sailing in African Games Algeria Gilles SABIN (FRA) Pan American Brazil Armando GOULARTT (POR) more countries in the African continent. Games South Pacific Secondly the biggest Regional Games Sailing Samoa David BROOKES (AUS) Competition got bigger. The Asian Games Games Sailing Competition, which was sailed in Doha in December 2006, had a record number of nations taking part. For the first time ever the Asian Games sailing competition had match racing in keelboats as part of the sailing event and teams from eight nations took part. The ISAF affiliated continental member responsible for the area, the (ASAF), now has 25 members. The Committee is pleased that China have infomally said that sailing will be part of the programme at the next Asian Games in Guangzhou in 2010. The organizers are sparing no expense to make the sailing event a grand success and are planning to build a new Athletes Village and a marina on the coast slightly outside Guangzhou for the sailing competition. The Committee continues to ensure that sailing remains included in those Regional Games that Team Sinagpore celebrate after an outstanding performance at the 2006 Asian Games in Doha, QAT. already have a sailing compeition and makes every © Singapore Sailing effort to get sailing included in those Regional Games which do not currently have sailing in their program. The Committee are disappointed Ajay BALRAM (IND) - Chairman Dorith STIERLER (ISR) - Vice-Chairman not to have been able to include sailing in the Alain ALCINDOR (SEY) Commonwealth Games and will continue to try David COVO (CAN) to get the sport included in the Commonwealth (BRA) Games for 2014. Pall HREINSSON (ISL) Rich JEFFRIES (USA) During 2006, the Regional Games Committee Panayiotis KONTIDES (CYP) worked closely with the Race Officials Committee Hüsnu LEVENT (TUR) to hold clinics in Regional Games areas. This Esperanza PEREZ CRESPO (ESP) Scott PERRY (URU) was very successful in disseminating expertise Ross ROBSON (RSA) amongst regional Race Officials. The Committee Kevin WOOD (AUS) looks forward to continued cooperation and work Said Kamal ZADA (EGY) by the Race Officials Committee in these areas.

Event Venue Nation Equipment Athletes Dates Technical Delegate Central American & Cartagena COL Hobie 16, J/24, Laser, Laser 85 15-30 July Henry FIGUEROA Caribbean Games Radial, , Windsurfing South American Buenos Aires ARG 470, J/24, Laser, Laser Radial, 72 9-15 Luis ORMAECHEA Games RS:X, Snipe November (ESP) Asian Games Doha QAT 420, 470, Hobie 16, Laser, 160 5-15 Mark PRYKE (AUS) Laser Radial, Laser 4.7, Mistral, December , Match Racing 37 Windsurfi ng Committee

Windsurfing is divided into several strong of administration. The IWA Executive represents a constituent groups, each with their own style and wide variety of windsurfing and continues to work purpose, with the underlying theme to promote the hard to promote youth sailing, foster relations with sport. the Professional Windsurfing Association (PWA), improve the standards of racing and the quality A successful evolution took place in 2006 within of events and offer guidance to MNAs regarding the Olympic windsurfing group with the transition class structure and equipment. from the to the new RS:X, which represents a modern, exciting and technical The application from the International Funboard step up for windsurfers at the Olympics following Class Association, that the International Speed its selection in November 2004. Sailing Association receive Class status, was deferred by Council. The new RS:X class has attracted some sailors from outside the Mistral fleet but the majority of the At the Annual Conference the Committee worked sailors made the change and continued competing. on developing a Pathway for all windsurfers. The Strong performances from those sailors showed Pathway consists of three Stages: Stage 1 as the that windsurfing at the elite level takes years of Techno 6.8 for sailors under 15, Stage 2 as the training and dedication. Techno 7.8 for the under 17 age group and Stage

(left to right) - Alessandra SENSINI (ITA) showed the value of experience when she claimed the women’s RS:X World Championship title whilst Casper BOUMANN (NED) stated the case for youth by winning the men’s title. Marina ALBAU (ESP) (right) was the most consistent sailor on the new RS:X world rankings, she ended the year where she began at #2 and spent four releases at #1. Maxim OBEREMKO (UKR) (bottom right) was the most consistent sailor on the men’s rankings. © RS:X World Championships

Directed by the Events Committee, a working 3 as the Hybrid Group. The Hybrid group includes party explored the possibility of finding a new, a path to Funboard racing, Speed racing, Formula more media friendly course for the windsurfers racing, Raceboard racing, the ISAF Youth Worlds at the Olympic Sailing Competition. After much and the Olympic Sailing Competition on the RS:X. discussion and consultation with sailors and event organizers the new course was adopted and used in 2006 at ISAF Grade One events, the RS:X Europeans and the RS:X World Championships. The course adds a technical slalom finish with two or three marks at the end of the course; all set to maximize the relationship between the course and the spectators. The proposals were approved at the Annual Conference and will be used at the 2008 Olympic Sailing Competition. The International Windsurfing Association (IWA) continues to provide valuable support to those classes wishing to combine their resources and have one central management group taking care

Jorunn HORGEN (NOR) - Chairman Michael DEMPSEY (GBR) Shuxia MENG (CHN) Phil JONES (AUS) - Vice-Chairman Tomasz HOLC (POL) Anja MUELLER (GER) Aaron BOTZER (ISR) Rich JEFFRIES (USA) Deborah POWELL (ESP) Marc CARDON (FRA) Nicolas KAKLAMANAKIS (GRE) Alessandra SENSINI (ITA) Cowen CHIU (HKG) Ronald KOBRICK (USA) Ceri WILLIAMS (GBR) - ICC Bruno DE WANNEMAEKER (BEL) Paul MAES (ESP) representative

38 Women’s Sailing Committee

During 2006, the Women’s Sailing Committee Discussion at the Women’s Forum, which brings was actively involved with the project groups together all the women on ISAF Committees, considering the ISAF Strategic Plan, with seven focused on the marketing and promotion of representatives from the Committee providing women, women in leadership and representation input on the Strategic Plan Objectives. Working in within ISAF, and the events/equipment for women the wider interests of the sport is important for the at the Olympic Sailing Competition. women involved in the ISAF Committees as the It is difficult to quantify the work outcome of the participation of women is an essential part of the Women’s Sailing Committee in the same way as policies and processes of ISAF. for some other Committees but the Committee Much debate has taken place on the representation continues to be a valuable receptor of ideas of women within ISAF, with a number of Submissions and opinions and a useful source of advice. considered by Council at the Annual Conference. Notwithstanding these comments, review of the The chair of the Women’s Sailing Committee roles of the Women’s Forum and Women’s Sailing has been appointed to the working party which Committee is a priority. will make further recommendations to Council at the 2007 Mid-Year Meeting. The position of the Women’s Sailing Committee is to encourage and endorse women’s participation as a cornerstone of all policies for ISAF, MNA’s and Continental organizations in line with the commitment made by ISAF to the principles of the 1994 Brighton Declaration. Chako TOBARI (JPN) attended the 2006 IWG World Conference on Women in Sport, held in Kumato, Japan. The Committee agreed that the Conference resolutions regarding “Marketing Women and Sport in the New Media” and “Changing the Culture of Leadership in Sport” should be a focus for the Committee. As a first step, the Committee appointed a working party to Two of the ISAF Rolex World Sailor of the Year nominees develop a “Women’s Newsletter”. - above, Daida MORENO (ESP) has been top of the women’s PWA tour for years and below, the World Championship winning The Women’s Sailing Committee spent time Yngling crew of Monica AZON, Sandra AZON and Graciela discussing the complex issues surrounding PISONERO also from Spain. © Alfred Farré (below) the selection of events for the Olympic Sailing Competition, including the need to ensure a broad spread of national participation and events which allow for a range of weights to participate, while at the same time ensuring that the events and equipment reflect the current interest and participation in the sport. Debate will continue before the final decision on the ten events is made by Council at the 2007 Annual Conference. The Women’s Forum and Women’s Sailing Committee continued their mentoring initiative during 2006 and at the Annual Conference, providing a unique opportunity for buddying and knowledge sharing, which was of benefit to all.

Adrienne GREENWOOD (NZL) - Chairman Fiona KIDD (CAN) Anna ANDREADIS (GRE) - Vice-Chairman Leena Inkari MEISALO (FIN) Tatjana ANTONCIC (SLO) Shuxia MENG (CHN) Corinne AULNETTE (FRA) Ninfa PROVENZA CALDARELLA (ITA) Janet BAXTER (USA) Sacha SIMMONS (BER) Mari CASTANEDO DIEZ (ESP) Dorith STIERLER (ISR) Nina CASTRO (BRA) Katarzyna SZOTYNSKA (POL) Cathy FOSTER (GBR) Chako TOBARI (JPN) Hyo-Kyung JANG (KOR) Marta WEÖRES (HUN)

39 Youth and Development Committee

A focus of discussion for the Youth and Noting Africa is a key development region for the Development Committee at the Annual sport, an increased focus to develop the network Conference was the need for ISAF to support and partnership across the African nations was grass roots development programmes and work established. Ross ROBSON was subsequently in the sharing of knowledge and information appointed to head up the project to develop amongst MNAs and other providers of training sailing in Africa. initiatives and programmes. As a result, ISAF Vice-President Fiona BARRON The connection between participation at the who is responsible for development within the Olympic Sailing Competition and the number of ISAF Executive Committee took on the role nations competing, and their respective grass of Acting chair for the remaining period of the roots development programmes which form the Committee’s term of appointment, through until foundation of participation was discussed. The November 2008. need to encourage knowledge sharing amongst MNAs was emphasized, and the Committee will continue to look at ways in profiling the many successful programmes and initiatives. Looking ahead, a focus for the Committee will be to identify those nations who participate at international and elite events, but do not participate at the Olympic Sailing Competition, and enable ISAF to develop a partnership to encourage Olympic participation. Members of the Committee were involved in the development of the Strategic Plan through the year and specific objectives were referred to the above - Nic ASHER & Elliot WILLIS (GBR) - won the 2006 Men’s 470 World Champion title in Rizhao, China. Committee. © Dan NERNEY/Rolex Recognizing the importance of providing support below - Michael BLACKBURN (AUS) - won the 2006 Laser World Champion title in Jeju, Korea. to new and developing MNAs, a priority objective © Dan NERNEY/Rolex the Committee will progress is the provision of “start up” information. A working party was appointed to develop this project during 2007. There are already many development programmes in place by the individual Class Associations and the Committee will work more closely with the Classes to develop a stronger relationship between the respective programmes of ISAF and the Classes. At the Annual Conference, the Youth and Development Committee discussed the need to develop a grass roots development strategy for the sport, and a working party was appointed who will work on this during 2007.

Ross ROBSON (RSA) - Chairman Andrea GRAEL (BRA) - Vice-Chairman Barrie HARMSWORTH (UAE) A R Arshad (PAK) Carin HILDEBRAND (SWE) Svedalin ATANASOV (BUL) Dorte JENSEN (DEN) Michael AYALON (ISR) Jakub KOZELSKY (CZE) Henry BACCHINI (FRA) Albert LEE (SIN) Paddy BOYD (IRL) Timo NURMILAUKAS (FIN) Mar CASTANEDO DIEZ (ESP) Carlos RIBEIRO FERREIRA (POR) Steve COLGATE (USA) Susan THOMPSON (AUS) Fabio COLIVICCHI (ITA) Chako TOBARI (JPN) Cathy FOSTER (GBR) Zofia TRUCHANOWICZ (POL)

40

2006 ISAF Approved World Champions

Class World Champion Nation 2.4mR Stellan BERLIN SWE 5.5Metre , Etienne HUTER & Stefan HAFTKA SUI Sarissa - skipper Peter GROH, Sebastian REISCHL, Arne GÜLZOW, 8Metre SUI Torsten MÜLLER, Richard VOLZ & Eckhard KALLER 11Metre Steve MCCONAGHY, Michael SPIES, Doug MCGAIN & Nick JOHNSTON AUS 29er & Scott BABBAGE FIN 49er Chris DRAPER & Simon HISCOCKS GBR 420 Open & NZL 420 Ladies & Peggy WEBSTER GBR 470 Men Nic ASHER & Elliot WILLIS GBR 470 Women Marcelien DE KONING & Lobke BERKHOUT NED 470 Junior Eyal LEVINE & Amir YAM ISR 60ft Monohull Jean LE CAM FRA 505 Mark UPTON-BROWN & Ian MITCHELL GBR A-Catamaran Glenn ASHBY AUS Matt SEARLE & Andy RAMUS GBR CII Nicholas DE CRUZ SIN Francisco COSENTINO & Sancho CASTRO ARG Andrea BONEZZI ITA 18 Matt PULLEN & Deborah RICKARD GBR Fritz WERNER, Thomas AURACHER, Markus WIESER GER Nick CRAIG & Toby LEWIS GBR Jud SMITH, Dirk KNEULMAN, Andrew WILLIS & Thomas SAUNDERS USA Europe Men Sven STADEL GER Europe Women Sandra SANDQVIST SWE Farr 40 Mascalzone Latino - skipper Vincenzo ONORATO ITA Finn Jonas HOEGH-CHRISTENSEN DEN Finn Junior Mark ANDREWS GBR Szabolcs MAJTHÉNYI & András DOMOKOS HUN Erich MOSER & Reudie MOSER SUI Formula Experience Alexandre COUSIN FRA Formula Windsurfi ng - Men Steve ALLEN AUS Formula Windsurfi ng - Allison SHREEVE AUS Women Helge SACH & Christian SACH GER Funboard Slalom Men Finian MAYNARD IVB Funboard Slalom Women Verena FAUSTER ITA GP14 Ian DOBSON & Andy TUNNICLIFFE GBR H-Boat Herluf JÖRGENSEN, Lars WEGNER & Christian PASBJERG DEN Jason WATERHOUSE & Chase LURATI AUS Hobie Tiger Jean-Christophe MOURNIAC & Franck CITEAU FRA Howard HAMLIN & Euan MCNICOL USA International 14 Team Great Britain GBR IMS Yugtranzit - skipper Sergey SHEVTSOV RUS IOD Tony HUSTON USA J/22 Jeroen DEN BOER, Truus VISSIA, Martijn PUNT & Sanne BOTTERWEG NED Mauricio SANTA CRUZ, Paolo BODIDO, Alex SALDANHA, Daniel J/24 BRA SANTIAGO & Alan ADLER J/80 L’Glide - skipper Glenn DARDEN USA Laser Michael BLACKBURN AUS

42 2006 ISAF Approved World Champions

Class World Champion Nation Laser 4.7 Boys Colin CHENG SIN Laser 4.7 Girls Victoria CHAN SIN Laser Radial Open Fabio PILLAR BRA Laser Radial Women Lijia XU CHN Laser Radial Youth Boys Kyle ROGACHENKO USA Laser Radial Youth Girls Claire DENNIS USA Laser Masters Brett BEYER AUS Bete - skipper ITA Micro Marcel KRAUTH, Marc KRAUTH & Frabrice BEIGNEUX FRA Mistral Men Kwok Fai CHENG CHN Mistral Women Shuijia WANG CHN Mistral Youth Boys Ma Kwok PO HKG Mistral Youth Girls Sivan DAVIDOVICH ISR Mistral Junior Boys Ron ASULIN ISR Mistral Junior Girls Hei Man CHAN HKG Simon PAYNE GBR Mumm 30 Twins - skipper Erik MARIS FRA OK Dinghy Nick CRAIG GBR Optimist Julian AUTENRIETH GER Optimist Team Racing Singapore SIN Manuel WEILLER ESP Raceboard Men Patrik POLLAK SVK Raceboard Women Napalai TANSAI THA RS Feva James PETERS & Ben GRATTON GBR RS:X Men NED RS:X Women Alessandra SENSINI ITA Shark Michael LEE, Johan KOPPERNAES & Doug BROWN CAN Snipe Masters & Pamela KELLY USA Snipe Women Andrea & Mariana FOGLIA URU , Roger CHEER & Gordon DEVRIES CAN Soling Masters Carl AUTERIED, Martin KENDLER & Udo MOSER AUT NZL Star Hamish PEPPER & Carl WILLIAMS NZL Sunfi sh David LORING USA Swan 45 Bellicosa - skipper Massimo FERRAGAMO USA Techno293 Guido CARLI ITA Philippe BOITE & Regis VIATEUR FRA Andrew BROWN GBR Tornado Darren BUNDOCK & Glenn ASHBY AUS Javier PORTO & Antón Alberto MARTIN ESP Vaurien Women Olatz MUÑOZ ORTIZ & Jaione AYASTUY GOMEZ ESP Vaurien Junior Andrs JIMENEZ & Rafael JIMENEZ ESP X99 Jaak JÖGI - Team Elion EST Yngling Open John INGALLS, James RANDALL & Mikael KOMAR USA Yngling Womens Monica AZON, Sandra AZON & Graciela PISONERO ESP Boys Magnus KJÆLDSØ DEN Zoom 8 Girls Henriette SØSTER DEN

Note: This list only includes 2006 World Championship title holders. Those classes not listed either did not hold a World Championship in 2006 or have not notified ISAF of the results. 43

Part II

Accounts

International Sailing Federation Limited

(incorporated as a company limited by guarantee and not having share capital)

REPORT AND FINANCIAL STATEMENTS

YEAR ENDING 31 DECEMBER 2006

Company Number (IOM): 79772C

45 Director’s Report

The directors present their annual report and Directors’ Responsibilities Statement audited financial statements for the year ended 31 The directors are responsible for preparing the December 2006. annual report and the financial statements in Review of the business accordance with applicable law and Generally Accepted Accounting Practice. The company is the controlling authority of the sport of sailing in all its forms throughout the world. Company law requires the directors to prepare It is also involved in protecting and promoting the financial statements for each financial year which use of International Sailing Classes. give a true and fair view of the state of affairs of the company and the group and of the profit or Results for the year loss of the group for that period. In preparing those financial statements, the directors are required to; The results for the year are set out on page 48. • select suitable accounting policies and then apply Directors them consistently; The directors of the company during the year are • make judgements and estimates that are reasonable and prudent; shown below: • prepare the fi nancial statements on the going Göran PETERSSON concern basis unless it is inappropriate to George ANDREADIS presume that the company will continue in David KELLETT business. Nucci NOVI CEPPELLINI The directors are responsible for keeping proper Fiona BARRON accounting records which disclose with reasonable Kamen FILLYOV accuracy at any time the financial position of the Tomasz HOLC company and to enable them to ensure that the Jean-Pierre CHAMPION financial statements comply with the Acts 1931- Teo Ping LOW Joe BUTTERFIELD 2004. They are also responsible for safeguarding David TILLETT the assets of the company and hence for taking Maximo RIVERO KELLY reasonable steps for the prevention and detection Jane MOON of fraud and other irregularities. Eric TULLA So far as each of the directors is aware at the time Charles COOK the report is approved: David IRISH • there is no relevant audit information of which the Ross ROBSON company's auditors are unaware; and Jeffrey MARTIN Cornelia SERTL • the directors have taken all steps that they ought to have taken to make themselves aware of any Luisa ANZOLA relevant audit information and to establish that Kim Reinhard ANDERSEN the auditors are aware of that information. Christopher ATKINS Ajay BALRAM Auditors John CREBBIN Carin HILDEBRAND A resolution re-appointing haysmacintyre will be Nazli IMRE proposed at the AGM. Helmut JAKOBOWITZ By Order of the Board Fiona KIDD Alexander KOTENKOV Takao OTANI Gerardo POMBO Quanhai LI David SPRAGUE A SUNDHEIM Dierk THOMSEN Philip TOLHURST Secretary Henri Van Der AAT 69 Athol Street Douglas Isle of Man IM1 1JE

5 May 2007

46 Independent Auditors’ Report to the Members of International Sailing Federation Limited

We have audited the financial statements of Basis of audit opinion International Sailing Federation Limited for the We conducted our audit in accordance with year ended 31 December 2006 which comprise the International Standards on Auditing (UK and Consolidated Income and Expenditure Account, Ireland) issued by the Auditing Practices Board. the Consolidated and Parent Balance Sheet, An audit includes examination, on a test basis, of the Cash Flow Statement and the related notes. evidence relevant to the amounts and disclosures These financial statements have been prepared in the financial statements. It also includes under the accounting policies set out therein. an assessment of the significant estimates This report is made solely to the company’s and judgements made by the directors in the members, as a body, in accordance with Act 1931 preparation of the financial statements, and of - 2004. Our audit work has been undertaken so whether the accounting policies are appropriate to that we might state to the company’s members the company’s circumstances, consistently applied those matters we are required to state to them and adequately disclosed. in an auditor’s report and for no other purpose. We planned and performed our audit so as to obtain To the fullest extent permitted by law, we do not all the information and explanations which we accept or assume responsibility to anyone other considered necessary in order to provide us with than the company and the company’s members as sufficient evidence to give reasonable assurance a body, for our audit work, for this report, or for the that the financial statements are free from material opinions we have formed. misstatement, whether caused by fraud or other Respective responsibilities of directors and irregularity or error. In forming our opinion we also auditors evaluated the overall adequacy of the presentation of information in the financial statements. As described in the Statement of Directors’ Responsibilities the company’s directors are Opinion responsible for the preparation of the financial In our opinion: statements in accordance with applicable law and United Kingdom Accounting Standards • the fi nancial statements give a true and fair view, in accordance with United Kingdom Generally (United Kingdom Generally Accepted Accounting Accepted Accounting Practice, of the state of the Practice). company’s affairs as at 31 December 2006 and Our responsibility is to audit the financial statements of its defi cit for the year then ended; in accordance with relevant legal and regulatory • the fi nancial statements have been properly requirements and International Standards on prepared in accordance with the Act 1931-2004; Auditing (UK and Ireland). and • the information given in the Directors’ Report is We report to you our opinion as to whether the consistent with the fi nancial statements. financial statements give a true and fair view and are properly prepared in accordance with haysmacintyre the Act 1931-2004 and whether the information Chartered Accountants given in the Directors’ Report is consistent with Registered Auditors the financial statements. We also report to you if, Fairfax House in our opinion, the company has not kept proper 15 Fulwood Place accounting records, if we have not received all the London information and explanations we require for our WCIV 6AY audit, or if information specified by law regarding directors’ remuneration and other transactions is not disclosed. 5 May 2007 We read the Directors’ Report and consider the implications for our report if we become aware of any apparent misstatements within it.

47 Consolidated Income and Expenditure Account

2006 2005 Note £ £

OPERATING INCOME

Subscriptions 202,440 191,034 Olympic receipts 3,182 2,657 Donation 37,920 - Income from special events 157,419 153,539 Investment income 135,307 152,095 Other income 622,368 527,821 ------1,158,636 1,027,146 ------DIRECT COSTS

Governance 235,206 181,160 Olympic costs 92,240 88,587 Special events 83,086 70,141 Other direct costs 375,086 337,634 ------785,618 677,522 ------ADMINISTRATIVE COSTS

Employment costs 640,982 568,020 Other administrative costs 426,840 364,164 ------1,067,822 932,184 ------DEFICIT FOR THE YEAR BEFORE TAXATION 2 (694,804) (582,560)

TAXATION CHARGE 3 (11,169) (9,023) ------DEFICIT FOR THE YEAR (705,973) (591,583)

Reserves brought forward 4,336,015 4,927,598 ------RESERVES CARRIED FORWARD £3,630,042 £4,336,015 ======(Deficit)/surplus for the year dealt with in the financial statements of: Parent company (780,050) (973,807) Subsidiary company 31,838 38,195 Quasi-subsidiary 42,239 344,029 ------£(705,973) £(591,583) ======

Turnover and operating deficit are derived solely from continuing activities. All recognized gains and losses are included in the profit and loss account. A separate movement of shareholders’ funds statement has not been provided since there are no movements other than the retained deficit for the current period.

48 Consolidated Balance Sheet

2006 2005 Note££££

FIXED ASSETS

Tangible assets 5 34,066 56,287 Investments 6 1,275,910 1,208,885

CURRENT ASSETS

Debtors 7 316,335 278,726 Cash on deposit 8 2,021,777 2,918,365 Cash at bank and in hand 409,068 310,179 ------2,747,180 3,507,270 CREDITORS : AMOUNTS FALLING DUE WITHIN ONE YEAR 9 (425,554) (430,872) ------NET CURRENT ASSETS 2,321,626 3,076,398 ------TOTAL ASSETS LESS CURRENT LIABILITIES 3,631,602 4,341,570

CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR 10 (1,560) (5,555)

PROVISION FOR LIABILITIES AND CHARGES 11 ------NET ASSETS £3,630,042 £4,336,015 ======MEMBERS’ FUNDS

Accumulated fund 17 £3,630,042 £4,336,015 ======

Approved by the Directors on 5 May 2007 and signed on its behalf by:-

Göran PETERSSON President

49 Parent Balance Sheet

2006 2005 Note £ £ £ £

CURRENT ASSETS

Debtors 7 215,508 258,721 Cash on deposit 8 2,021,777 2,918,365 Cash at bank and in hand 297,857 158,259 ------2,535,142 3,335,345 CREDITORS : AMOUNTS FALLING DUE WITHIN ONE YEAR 9 (351,380) (371,534) ------NET CURRENT ASSETS 2,183,762 2,963,811 ------TOTAL ASSETS LESS CURRENT LIABILITIES 2,183,762 2,963,811

CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR 10 ------NET ASSETS £2,183,762 £2,963,811 ======

MEMBERS’ FUNDS

Accumulated fund £2,183,762 £2,963,811 ======

Approved by the Directors on 5 May 2007 and signed on its behalf by:-

Göran PETERSSON President

50 Consolidated Cash Flow Statement

2006 2005 Note ££££

Net cash (outflow) from operating activities 15 (840,947) (169,799)

Returns on investments and servicing of finance

Interest received 77,227 103,225 Dividends received 58,080 48,870 ------Net cash inflow from returns on investments and servicing of finance 135,307 152,095

Taxation

UK corporation tax paid (11,065) (10,628)

Capital expenditure and financial investment

Payments to acquire investments (401,070) (303,962) Payments to acquire fixed assets (13,650) (14,545) Proceeds from disposal of fixed assets - - Proceeds from disposal of investments 333,726 46,000 ------Net cash outflow from capital expenditure and financial investment (80,994) (272,507) ------DECREASE IN CASH £(797,699) £(300,839) ======

RECONCILIATION OF NET CASH OUTFLOW TO MOVEMENT IN NET FUNDS

Decrease in cash for year (797,699) ------Movement for the year (797,699) Net funds at 1 January 2006 3,228,544 ------Net funds at 31 December 2006 £2,430,845 ======

51 Notes to the Financial Statements

1 ACCOUNTING POLICIES ACCOUNTING BASIS The financial statements are prepared on the historical cost basis and in accordance with applicable accounting standards. FOREIGN EXCHANGE Income and expenditure in currencies other than sterling are translated at the rate of exchange ruling on the date of receipt of payment. Assets and liabilities denominated in foreign currencies are translated at the rates ruling at the balance sheet date. Differences arising on exchange are written off to the profit and loss account. DEPRECIATION Depreciation is calculated to write down the cost of the assets over their expected useful lives at the following rates. Furniture, fixtures and equipment 20% per annum or 33 1/3% per annum on cost DEFERRED TAXATION Deferred tax is provided using the full provision method. Deferred tax is recognized in respect of all timing differences which have originated but not reversed at the balance sheet date. It is the company’s policy not to discount deferred tax to reflect the time value of money. OPERATING LEASES Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2 DEFICIT FOR THE YEAR BEFORE TAXATION 2006 2005 ££ This is stated after charging : Auditors’ remuneration 15,100 14,400 Depreciation 35,823 33,693 Operating lease rentals 75,521 78,751 ======

52 Notes to the Financial Statements

3 TAX ON PROFIT ON ORDINARY ACTIVITIES 2006 2005 ££ (a) UK Corporation tax on profits for the year Corporation tax at 19% (2005: 19%) 11,169 11,065 ------Total current tax (note 4(b)) 11,169 11,065 Deferred tax - (2,042) ------£11,169 £9,023 ======(b) Tax charge reconciliation Profit/(loss) on ordinary activities before tax - Parent (780,050) (973,807) - Subsidiary 43,007 47,218 - Quasi subsidiary 42,239 344,029 ------£(694,804) £(582,560) ======Profits on ordinary activities multiplied by the standard U.K. rate of corporation tax 19% (2005: 19%) – subsidiary 8,171 8,971

Effects of: Depreciation in excess of capital allowances 2,946 2,086 Expenses not deductible for tax purposes 52 8 ------£11,169 £11,065 ======

The parent company and the quasi subsidiary are not subject to corporation tax on profits or surpluses.

4(a) STAFF COSTS 2006 2005 ££

Wages and salaries 549,742 488,026 Social security costs 50,345 47,911 Pension costs 34,841 28,337 ------£634,928 £564,274 ======

No No

The average monthly number of employees during the year was 19 18 ======

4(b) DIRECTORS’ EMOLUMENTS

No director received any emoluments during the year.

53 Notes to the Financial Statements

Furniture, fittings and 5 TANGIBLE ASSETS – GROUP equipment £

At 1 January 2006 382,339 Additions 13,650 Disposals (66,989) ------At 31 December 2006 329,000 ------DEPRECIATION At 1 January 2006 326,052 Charge for year 35,824 Eliminated on disposal (66,942) ------At 31 December 2006 294,934 ------NET BOOK VALUE At 31 December 2006 £34,066 ======At 31 December 2005 £56,287 ======

6 FIXED ASSET INVESTMENTS – GROUP Listed investments £

Cost at 1 January 2006 1,208,885 Additions 401,070 Disposals (334,045) ------Cost at 31 December 2006 £1,275,910 ======Market value at 31 December 2006 was £1,252,379 (2005: £1,263,005).

7 DEBTORS Group Company 2006 2005 2006 2005 ££££ Subscriptions and fees receivable 56,434 49,744 49,973 35,075 Other debtors 145,313 144,878 120,531 124,090 Prepayments and accrued income 114,588 84,104 36,928 42,615 Amounts due from subsidiary undertaking - - 8,076 56,941 ------£316,335 £278,726 £215,508 £258,721 ======

Within other debtors is an amount of £81,590 (2005: £124,091) owed by A. Sundheim, a director of the wholly owned subsidiary ISAF (UK) Limited. No interest is being charged on the loan. The loan is repayable in 48 equal monthly instalments, repayments commenced in December 2004.

54 Notes to the Financial Statements

8 CASH ON DEPOSIT Group Company 2006 2005 2006 2005 ££££

Sterling balances 797,099 1,654,589 797,099 1,654,589 Euro balances 1,224,678 1,263,776 1,224,678 1,263,776 ------£2,021,777 £2,918,365 £2,021,777 £2,918,365 ======

The exchange rate used at 31 December 2006 is €1.4830: £1.

9 CREDITORS: AMOUNTS FALLING DUE WITHIN Group Company ONE YEAR 2006 2005 2006 2005 ££££

Trade creditors 94,972 44,197 55,474 19,705 Other creditors 25,350 31,532 23,196 30,553 Other taxes and social security 31,885 12,821 16,150 - UK Corporation tax 11,169 11,065 - - Accruals and deferred income 263,178 331,257 256,560 321,276 ------£426,554 £430,872 £351,380 £371,534 ======10 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR

Accruals and deferred income £1,560 £5,555 £ - £ - ======

11 PROVISION FOR LIABILITIES AND CHARGES

Deferred taxation Accelerated capital allowances: At 1 January - 2,042 - - Credit for year - (2,042) ------At 31 December £ - £ - £ - £ - ======

12 LIABILITY OF MEMBERS

Every full member of the Federation undertakes to contribute such amount as may be required not exceeding £1 to the assets of the Federation if it should be wound up while they are a Full Member or within one year after they cease to be a Full Member, for payment of the Federation’s debts and liabilities contracted before they cease to be a Full Member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves.

The number of full members on 31 December 2006 was 117 (2005: 117).

55 Notes to the Financial Statements

13 OPERATING LEASES – GROUP Land and buildings Other 2006 2005 2006 2005 ££££ Annual commitment under operating leases: Expiring within one year - - - - Expiring after one year but within five years - - 2,099 1,680 Expiring after five years 72,914 72,188 - - ======

14 SUBSIDIARY COMPANY

At 31 December 2006 the company owned the whole of the issued share capital of ISAF (UK) Limited which is incorporated in Great Britain.

15 RECONCILIATION OF (DEFICIT) FOR THE YEAR TO NET 2006 2005 CASH (OUTFLOW) FROM OPERATING ACTIVITIES £ £

Operating deficit (694,804) (582,560) Depreciation 35,823 33,693 Loss on sale of investment 319 73 Loss on sale of fixed assets 48 - Increase in debtors (37,609) 663,825 Decrease in creditors (9,417) (132,735) Interest received (77,227) (103,225) Dividends (58,080) (48,870) ------Net cash (outflow) from operating activities £(840,947) £(169,799) ======

At 1 At 31 16 ANALYSIS OF CHANGES IN CASH January Cashflow December 2006 2006 £££

Cash at bank and in hand 310,179 98,889 409,068 Cash on deposit 2,918,365 (896,588) 2,021,777 ------£3,228,544 £(797,699) £2,430,845 ======

17 MEMBERS’ FUNDS Accumulated Fund £

At 1 January 2006 4,336,015 Deficit for the year (705,973) ------£3,630,042 ======

56 Notes to the Financial Statements

18 QUASI SUBSIDIARY

The ISAF Trust is a quasi-subsidiary of the International Sailing Federation Limited.

Profit and loss for the year ending 31 December 2006 2005 ££ Income

Donation - 300,000 Investment income 59,705 49,588 Foreign exchange gain - 6,301 ------59,705 355,889 Expenditure

Fees (14,950) (10,319) Accountancy fees (1,157) (1,467) Bank charges (11) - Loss on sale of investments (319) (73) Foreign exchange loss (1,029) ------Surplus for the year £42,239 £344,030 ======

Balance sheet as at 31 December £ £

Fixed asset investments – at cost 1,275,910 1,208,885 Debtors 31,849 21,667 Cash 58,456 92,872 Creditors (4,058) (3,506) ------Net assets £1,362,157 £1,319,918 ======

57

Part III

2007 Budget

1 January 2007 - 31 December 2007 Income

£ MNA and Associate Member Subscriptions 190,000 Affiliated Member Subscriptions 1,000 ICA Subscriptions 13,000 New Class Application Fees 1,000 Licensed Builder Fees 14,000 Fees on New Boats Built 200,000 RS:X Board Production Fees 0 Olympic Solidarity 0 Publications 2,000 Technical specifications 3,000 ISAF Merchandise 2,000 Special Events & Approval Fees 175,000 Sponsorship 105,000 World Sailor of the Year 0 Copyright fees 0 ISAF Book 5,000 Television Production Fee 330,000 Anti Doping Program 80,000 Insurance Claim 0 Other income received 0 1,121,000 America’s Cup 370,000 Income 1,491,000 Olympics 955,000

TOTAL INCOME £2,446,000

Expenditure

Direct costs £ ISAF Meetings 165,000 Executive Committee Meetings 38,000 ISAF Review Board 8,000 Executive Expenses 28,000 Committees’ Activities 30,000 IMO 5,000 Race Officials Programme 70,000 Athletes Participation Programme 15,000 Umpires/Judges Payments 60,000 ISAF Events 75,000 World Sailor of the Year 0 Marketing/Media & Awards Presentations 30,000 Connect to Sailing 40,000 Website & IT Development 15,000 Insurance 60,000

60 Expenditure

£ Building Fees - Class & Designer Share 55,000 Plaques Purchased 2,000 Technical Specifications/In House Certification 26,000 Olympic Solidarity - General 4,000 ISAF Goods 35,000 Publications 10,000 International subscription fees 4,000 Bad debts 1,000 Legal fees - Sports Related 0 ISAF Centenary 88,000 Television Production Fee 330,000 MNA/AC 85,000 Regional Games 5,000 Anti Doping Program AC 80,000 Evaluation Event 5,000 TOTAL Direct costs 1,369,000

Olympics £ Staff Salaries 82,000 IOC Meetings 11,000 Olympic 2008/Test Event 2007 18,000 RS:X Administration 0 Anti Doping Program 35,000 TOTAL Olympics 146,000

Administration £ Salaries 505,000 Employment costs 140,000 Other staff costs 8,000 Office rent & rates 98,000 Office running costs (inc. heat, light & power) 24,000 Equipment rental & renewals 30,000 Travelling 4,000 Telecommunications 13,000 Printing & stationery 15,000 Postage 16,000 Legal & professional fees 10,000 Audit & accountancy fees 16,000 Bank charges & interest 15,000 Depreciation 37,000 TOTAL Administration 931,000

TOTAL EXPENDITURE 2,446,000

61 Income and Expenditure

Budget Income: Total £2,446,000

Other Subscriptions £93,000 £204,000 8% TV Production 4% £330,000 Building Fees 13% £214,000 9%

Special Events/ Olympic Contribution Sponsorship £955,000 £650,000 39% 27%

Budget Expenditure: Total £2,446,000

Meetings £239,000 Committees/Race 10% Officials/Events Staff costs/ £240,000 Office running costs 10% £853,000 34%

Insurance/Building Fees/Other £355,000 15%

Marketing/Media/ MNA AC/Anti- TV Production Doping/Olympics £448,000 £311,000 18% 13%

62