Table of Contents
Board of Directors 4
Life Members 5
Football NSW Management Team 6
President's Report 8
CEO's Report 10
Special Acknowledgments 14
Corporate Partners 15
Financials 18
Competition Results 48
Award Winners 54
Player Registrations 62
1 “ The 2009 Women’s Champion of Champions Grand Final Day will forever live long in the memories of
all involved, as grassroots football debuted on Australia’s premier “ sporting stage, ANZ Stadium.
- Larry Grant Head of Competitions (Acting), Football NSW
Board of Directors
President
Jim Forrest 14th December 2002 – Current
Vice President
Howard Bradley 28th January 2009 – Current *
Sam Krslovic 16th December 2006 – 23rd January 2009 (Resigned)
Directors
George Jackson 11th December 2004 – Current
Linda Ward 15th December 2007 – Current
Robert Waddell 13th December 2008 – Current
Michael Webber 13th December 2008 – Current
Howard Bradley 14th December 2002 – 13th December 2008
Ross Kelly 14th December 2002 – 13th December 2008
Frank Wilson 14th December 2002 – 13th December 2008
Rob Laws 14th December 2002 – 13th December 2008
* Casual vacancy filled as per Football NSW Constitution Section 10.14
4 Life Members
Vince Balzan Eric Drury Bill Mcilveen
Cec Barlow* Trevor Elliott* A. Raahauge*
Leonard Bolden A.M. Brian Emery Tony Raciti
William Brackenbury* Les Fairclough* Doug Rennie OAM
Howard Bradley Ken Ferguson* Jim Ronis
Frank Broughton* William Ford* Arthur Sidney Tanner BEM*
Lionel Brown* Jim Forrest Florence Stephenson
Andy Burton* Ron Garvin Jack Thomas*
George Churchward Keith Gilmour* John Thomson
Jack Cirjanic* David Goodman Peter Thorne
Robert Clark Peter Gray Jack Toole*
Robert Colombo John Hedison Ray Tweedie OAM JP
John Constantine A.M. Ian Holmes L. Williams*
Lindsay Cosgrove Stan Jones MBE* Bill Wilson*
David Crampton Ross Kelly Frank Wilson
William Cullinan* Steve Kenny Rod Woods*
Kevin Darcy* Rob Laws Charles Valentine*
Harrie Dening OAM* Joe Leffley* Sam Vella OAM
George Dick OAM Peter McCann*
Tom A. Doumanis Douglas McCarron
* Deceased
5 Football NSW Management Team
Chief Executive Officer Michael Quarmby Executive Assistant to the CEO Sue McNally
General Manager Ian Holmes Personal Assistant to the GM Lindal Whitton
Risk Manager & Member Protection Officer Michelle Hanley
Finance Manager Joe Denina Financial Accountant Wendy Yang Information and Systems Officer Ritesh Kumar
Commercial Services Executive Manager Tony Peters Media & Communications Manager Mark Stavroulakis Sponsorships & Events Manager Elizabeth Quiexalos Soccer Wearhouse Manager Nathan Russell Complex Manager Duncan Sharpe
High Performance Unit Manager Paul Bentvelzen State Team Manager Tim Wilson Development Programs Manager Ben Wright
Head of Competitions Larry Grant (Acting) Draw- Master Troy McColl Futsal Manager Damian Briggs (Acting)
Project Manager Tim Gledhill
Human Resources Manager Alissa Hunter
6
Football4all brought together a congregation of “ “ aspiring individuals which too share the passion for football as much as we do.
- Michelle Hanley Football NSW Risk Manager & State MPO
7 President’s Report
“We presently 2009 has been a year of Football Stars of Tomorrow substantial progress on a This program has over the past have an outstanding few years successfully transitioned number of fronts, all of them management team, from SBS to Foxtel and this year to representing important steps combined platforms with Foxtel and which I sincerely forward in the promotion and Channel 9. All this has been at the expense of Football NSW, but we have hope will continue development of our code. now reached the stage where, in 2010, during 2010.” we can look forward to significant cost Coaching reductions through sponsorship and A most important development has advertising as well as reduced charges been the introduction of Project 22. for producing the program. For the first time, in partnership with This program is the only one of its Football Federation Australia (FFA), our kind reaching out to the whole of elite players from the U9’s to U14’s are Australia, and is a major promoter of to have dedicated instruction, for free. our game both within our state and at Much of the cost involved has been a national level. Its eight episodes in absorbed by changing our selection and 2009 reached an audience of some 1.5 training of our state teams. million people on Channel 9, apart from More importantly for non-elite players, its further outreach on Foxtel. our grassroots courses for aspiring Of course, the benefits are indirect. coaches will also be free. Football Apart from returns next year on NSW’s coaching input and FFA’s input of sponsorship and advertising, it’s hard materials are now provided without cost to quantify specific benefits. to consumers. In addition, McDonalds However, given the viewing audience Restaurants provided 32 scholarships, and the markedly reduced program each of $500 for grassroots access costs planned for 2010, this is to top level coaching annually. Our something very worthwhile doing provision of online coaching for the good of the game. manuals, free to each and every club is another important initiative brought to fruition Administration in 2009. Forums for Association administrators have continued during 2009, providing monthly opportunities to Women’s Football present Associations with updates Quite the most on administrative procedures and important event to operational guidance, as well as promote the female side opportunities for feedback from of our game occurred grassroots Associations to Football this season, through NSW. Attendance at these Forums a generous offer by has been very encouraging, with Coco Cola Amatil to most Associations, including country provide the use of Associations, attending. ANZ Stadium for the Women’s Champion of Champions Finals. Small Sided Games It was an experience Going into 2010, FFA has recently of enormous asked that the age groups U6’s to U9’s significance to our top all be involved in Small Sided Games level grassroots players, (SSGs). At present, there are 4-5 and one which we very Associations which may not reach this much hope to repeat in target, but all will be involved in SSGs following years. for the old mini-soccer (Rooball) age 8 groups. FFA has provided support in and am encouraged in this view in that those Associations where SSGs are not changes or corrections to the minutes as speedily adopted. Football NSW is this year – more than 21 board meetings confident that SSGs, now reduced from – have been very rare. There is no need up to U12’s to up to U11’s are, for the for any delay. vast majority of Associations, meeting and exceeding the required timetable. For this overall happy outcome for 2009, we have to thank our management team and my fellow Riverstone West board members at the policy The development of our new sporting development level. We presently complex at Riverstone is proceeding have an outstanding management according to schedule, pretty much on team, which I sincerely hope will time and certainly on budget. As with continue during 2010. So to one and all, any project of its size, there have been especially to you, the members teething problems, such as delays in and affiliates of Football NSW, rezoning of Valentine Park and some my grateful thanks for everything possible land use conflicts on the you have done in 2009. Riverstone site. But we are working our way through these. Early in 2010, the Till we meet again, and the compliments whole box and caboodle of Football of the festive season. NSW will move from Valentine Park to Columbia Court in the Norwest Business Park. This is to allow site redevelopment to proceed at Parklea in preparation for the sale of the land once rezoning is completed. Jim Forrest Communication President Communication, right down to local Football NSW clubs and players, presents significant challenges. Part of this we have tried to overcome through the Football NSW website, and more recently our e-newsletter.
Our monthly Administration Forums also help, but we are not entirely convinced that matters presented there always get back to Executive Committees. More sporadic meetings of Association and State League Club Presidents and/or Secretaries help further to bridge this gap, but this is not the whole answer.
One initiative this year was to place our board minutes, minus confidential items, on the Football NSW website. But the board decided this could not happen till the minutes are approved at the next meeting. I would prefer to have board minutes put up just a few days after the meeting to which they refer,
9 CEO’s Report
The one thing we Commercial and Finance selling throughout Australia in football “ 2010 will once again see the successful and other sports. Further, our plan is all have in common ongoing business management of to expand in 12 months time into their is our passion for Football NSW. In the current economic fashion categories. While this is a bold crisis where some companies are move our goals are to increase revenue the sport.” going to the wall or have suffered streams for the future so that we can significant losses, Football NSW has further service, promote and develop successfully returned a surplus in football within NSW. There is no excess of budget. I wish to thank the funding we can rely on so we must be Managers of each department for their self sufficient. This operation will be led efforts in this regard. by Nathan Russell
Due to the expansion of services and The next three years will be very commercialisation, in particular our challenging in meeting our plans strategic plans for building our asset for the future of Football NSW. base for the future, it was imperative We are budgeting for small losses that we restructured the finance division over the next three years while we by employing a new accountant Wendy build future plans. Yang whose experience in the licensed It has been a challenging time for a club industry will be an asset to Football lot of our staff here and our General NSW. This has allowed Joe Denina Manager, Ian Holmes, has been at the to move into the role of management forefront in trying to satisfy the needs accountant where his responsibilities of our Associations, Clubs, Futsal will include professional financial and Coaching. I personally appreciate support to departments and overseeing his efforts and support. In relation to our projects. the rest of the team here at Football While the President has mentioned a NSW there are too many staff to number of initiatives, I would add our acknowledge, whose efforts are over newest commercial strategy for and above what is expected but it increased revenues. That is is very much appreciated. after careful analysis of our I would also like to thank the merchandising area and a Administrators of our Associations, comprehensive business Clubs and Futsal for their support plan we are taking the and frank communications.The one next step to help increase thing we all have in common is our revenues outside of passion for the sport. fees to better service our Members. It would be amiss of me not to sincerely thank my PA, Sue McNally, for her We are now the loyalty, dedication and above all, the Australian and New work ethic she brings to the position. Zealand distributor Sue has those special qualities of for hummel team thinking outside the square and is truly sports and fashions, an asset to this organisation a Danish company established for many years with good market On the Park shares throughout Europe Valentine Sports Park this year as well as developing in hosted the inaugural ‘Football4all’ Gala Asia. Our aim is to lift Day, a Football NSW initiative aimed at sales of team wear by
10 giving children and young people with special needs an opportunity to enjoy a wonderful day of football with family and friends.
Football4all provided a carnival like atmosphere for participants, with players enjoying the thrill of Small Sided Games against players from other clubs as well as experiencing skills, drills and other fun activities available.
Football NSW also hosted the football section of the 2009 World Masters Games. Our staff and facilities, as well as the volunteers, received the highest compliments from local, national and international guests on the effective and efficient management of the event.
This year has been one of our busiest years which have resulted in 21 board meetings. I would like to thank the President, Jim Forrest and all of the Board of Directors for their support this year.
In closing I would like to wish everyone a Merry Christmas and a very happy and prosperous New Year.
Mike Quarmby Chief Executive Officer Football NSW
11 “ The TeleChoice Premier League, see the stars of tomorrow today. Special Acknowledgements
Football NSW has been fortunate to have assistance and support from a wide range of people and organisations.
The support of the following people has enabled Football NSW to further develop its aims and objectives throughout this State and provide a future direction for sustainable growth and enjoyment for everyone.
The Board of Directors would like to publicly acknowledge and thank:
The New South Wales State Government
The Hon. Nathan Rees MP, Premier of NSW The Hon. Kevin Greene MP, Minister for Tourism, Sport & Recreation Officers of the New South Wales Department of Tourism, Sport & Recreation
Senior Disciplinary Committee
Barry Hoare, Theo Wisman, Geoff Leverton
General Purposes Tribunal/Appeal Board
Chair Appeals Board – Armando Gardiman Chair General Purposes Tribunal – Jodie Camden Deputy Chair General Purposes Tribunal – Frank Gaha Committee Members – Charles Abdilla, Andrew Barnes, Michelle Bogatyrov, Peeranada Bunnag, Stephen Courtney,Tammer Desoukey, Louis Fayd’herbe, Sandra Finch, Colin Fisher, Jeanette Jones, Barry Hoare, David Lewis, Ray Lovat, Louise Mazzaroli, Mark Mitchell, Elia Santoro, Spiro Tzouganatos, Ian Westray, Darryl Verity
Senior Disciplinary Committee
Bill McIlveen, Jim Warburton, Theo Hronopoulos, Greg Pipikios.
14 Corporate Partners
As important as the game itself, Football NSW regards the commitment of its corporate partners as one of the most significant factors that has helped promote and encourage interest in ‘The World Game’. On behalf of the Board of Directors, clubs, members, volunteers and staff. Football NSW thanks each one of these organisations for their vision and encouragement:
The following were the 2009 ball licensees:
15
“ The 2009 Men’s Champion of Champions
Grand Final Day brought a sombre moment
for all those associated with football in NSW, as Valentine Sports Park (VSP) – for the final “ time – played host to a competitive football tournament before redevelopment in early 2010. - Michael Quarmby CEO, Football NSW Directors’ Report
Your directors present their report on the company for the financial year ended 31 October 2009
Directors
The names of the directors in office at any time during or since the end of the financial year are:
James Forrest Howard Bradley (resigned 13th December 2008 and appointed 28th January 2009) George Jackson Linda Ward Robert Waddell (appointed 13th December 2008) Michael Webber (appointed 13th December 2008) Ross Kelly (resigned 13th December 2008) Rob Laws (resigned 13th December 2008) Frank Wilson (resigned 13th December 2008) Sime Krslovic (resigned 28th January 2009)
Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.
Company Secretary The following person held the position of company secretary at the end of the financial year: Michael Quarmby - Chief Executive Officer since 29th June 2005. Michael Quarmby was appointed company secretary on 18th May 2005.
Principal Activities The principal continuing activities of the company in the course of the financial year were the fostering and control of the game of football in the state of New South Wales. No significant change in the nature of these activities occurred during the year.
Operating Results The profit of the company for the financial year after providing for income tax was $490,420 (2008 $479,607).
Dividends Paid or Recommended In accordance with the company's Constitution no dividend shall be paid, no dividend has been paid during the financial year and no dividend is recommended to be paid.
Review of Operations
The year in review shows a profit of $490,420, which exceeded the budget by $98,033. The share portfolio continued to be battered during the first four months of the year which resulted in a reduction in the value of our portfolio of $454,063. The next eight months highlighted the importance of patience and saw a turnaround of $797,919 to finish the year with a positive return of $343,856. Once again our decision to self insure proved to be a major contributor to the Self Insurance Reserve with the added bonus of again delivering improvements to the Accident Support Scheme for the fourth year in a row.
The difficult economic conditions saw many of our departments struggle to achieve budget. Solid results were achieved by our Coaching, Schools Development, Special Projects, State Teams and our Referees Department. As a consequence of the impending move to Columbia Court our Complex department absorbed significant costs associated with accelerated depreciation in relation to fixed assets. This year’s result was achieved through hard work, team effort and good old fashioned belt tightening all against a back drop of economic gloom.
18 Significant Changes in State of Affairs
In the opinion of the directors there were no significant changes in the state of affairs of the company that occurred during the financial year under review not otherwise disclosed in this financial report.
After Balance Date events In the opinion of the directors, no matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the company, the results of those operations, or the state of affairs of the company in future financial years.
Future Developments Likely developments, future prospects and business strategies of the operations of the company and the expected results of those operations have not been included in this report as the directors believe, on reasonable grounds, that the inclusion of such information would be likely to result in unreasonable prejudice to the company.
Environmental Issues The company’s operations are not regulated by any significant environmental regulation under a law of the Commonwealth or of a State or Territory.
Information on Directors
James Forrest President, Football NSW Limited Academic Life Member, Football NSW Limited Life Member, North Epping Rangers Sports Club Life Member, Gladesville-Hornsby Football Association Life Member, Sydney Branch, Football NSW
Howard Bradley Vice-President, Football NSW Limited Company Director Life Member, Football NSW Limited Life Member, Blacktown City Soccer Club
George Jackson Director, Football NSW Limited Company Director Life Member, Bankstown City Football Club
Linda Ward Director, Football NSW Limited Local Government Officer Life Member, Collaroy Cromer Strikers Football Club Life Member, Manly Warringah District Soccer Football Club Life Member, Manly Warringah Football Association Inc.
19 Directors’ Report
Robert Waddell JP Director, Football NSW Limited Administrator
Michael Webber Director, Football NSW Limited Managing Director
Ross Kelly JP Director, Football NSW Limited (resigned 13th December 2008) Regional Business Manager Life Member, Football NSW Limited
Rob Laws Director, Football NSW Limited (resigned 13th December 2008) Company Director Life Member, Ingleburn RSL Soccer Club Life Member, Macarthur District Soccer Football Association Inc. Life Member, Football NSW Limited
Frank Wilson Director, Football NSW Limited (resigned 13th December 2008) Retired Life Member, Football NSW Limited Life Member, Gladesville Hornsby Soccer Association
Sime Krslovic Director, Football NSW Limited (resigned 28th January 2009) Company Director
Meetings of Directors
During the financial year, 18 meetings of directors were held. Attendances by each director during the year were as follows:
Director Number eligible to attend Number attended James Forrest 18 17 Howard Bradley 17 12 George Jackson 18 18 Linda Ward 18 18 Robert Waddell 17 15 Michael Webber 17 15 Ross Kelly 1 1 Rob Laws 1 - Frank Wilson 1 - Sime Krslovic 1 -
20 Indemnifying Officers or Auditor During the financial year, the company has paid an insurance premium insuring its present officers against all liabilities to another person (other than the company or a related body corporate) that may arise from their position as directors of the company, except where the liability arises out of conduct involving a lack of good faith. The agreement stipulates that the company will meet the full amount of any such liabilities, including costs and expenses.
A confidentiality clause exists in the contract with the insurer, which prohibits the directors publishing details of the cover provided and premiums paid in respect of such cover.
Proceedings on Behalf of Company No person has applied for leave of Court to bring proceedings on behalf of the company or intervene in any proceedings to which the company is a party for the purpose of taking responsibility on behalf of the company for all or any part of those proceedings.
The company was not a party to any such proceedings during the year.
Auditor’s Independence Declaration A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is set out on the following page.
Signed in accordance with a resolution of the Board of Directors.
James Forrest Howard Bradley Director Director
18th November 2009
21 CHARTERED ACCOUNTANTS
Level 11, 22 Market Street AUDITOR’S INDEPENDENCE DECLARATION SYDNEY NSW 2000 UNDER SECTION 307C OF THE CORPORATIONS ACT 2001 GPO Box 1442 SYDNEY NSW 2001 TO THE DIRECTORS OF Tel: 02 8263 1000 FOOTBALL NSW LIMITED Fax: 02 9262 2911 A.B.N. 25 003 215 923 Email: [email protected] Web: www.cbcpartners.com.au
I declare that, to the best of my knowledge and belief, during the year ended 31 October 2009 there have been:
(i) no contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the audit; and
(ii) no contraventions of any applicable code of professional conduct in relation to the audit.
CBC PARTNERS Chartered Accountants
GERARD J. BULTERS Partner
SYDNEY Dated: 18 November 2009
Liability limited by a scheme approved under Professional Standards Legislation. 22 6 Notes to the Financial Statements
Income Statement For the Year Ended 31st October 2009 2009 2008 Note $ $ Revenue 2 11,444,865 12,351,324
Other income 2 572,234 1,157,687 Changes in inventories of consumable stores 119,628 5,608 Purchases of consumable stores (1,843,669) (1,862,189) Employee benefits expense (3,808,468) (3,532,063) Depreciation expense (495,395) (271,013) Finance costs (120,765) - Other expenses 3 (5,378,010) (7,369,747) Profit before income tax 490,420 479,607 Income tax expense 1(j) - - Profit attributable to members of the company 490,420 479,607
The accompanying notes form part of these financial statements. 23 Financial Statement For the Year Ended 31st October 2009
Balance Sheet As at 31st October 2009
2009 2008 Current Assets Note $ $
Cash and cash equivalents 4 5,902,182 7,713,204
Trade and other receivables 5 667,887 845,435 Inventories 6 446,845 327,217 Financial assets 7 1,000,000 500,000 Other assets 9 91,983 87,231 Total Current Assets 8,108,897 9,473,087
Non-Current Assets
Trade and other receivables 5 - 81,753
Financial assets 7 5,736,863 6,393,106 Property, plant and equipment 8 13,452,365 5,035,874 Total Non-Current Assets 19,189,228 11,510,733 Total Assets 27,298,125 20,983,820
Current Liabilities
Trade and other payables 10 3,362,541 2,211,229
Borrowings 11 5,476 - Short-term provisions 12 520,085 445,607 Other liabilities 13 318,457 650,366 Total Current Liabilities 4,206,559 3,307,202
Non-Current Liabilities Borrowings 11 4,943,075 -
Long-term provisions 12 102,417 120,964 Total Non-Current Liabilities 5,045,492 120,964 Total Liabilities 9,252,051 3,428,166 Net Assets 18,046,074 17,555,654
Equity Retained earnings (709,218) 298,116
Reserves 18,755,292 17,257,538 Total Equity 18,046,074 17,555,654
24 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009 Statement of Recognised Income & Expenditure
Reserves
Retained Capital Self Earnings Profits Insurance Total $ $ $ $ Balance as at 1 November 2007 1,298,048 13,940,353 1,837,646 17,076,047
Profit attributable to members of the company 479,607 - - 479,607 Transfers to reserves - self insurance reserve - - 1,479,539 1,479,539 Transfers (from) retained earnings (1,479,539) - - 1,479,539
Balance as at 31 October 2008 298,116 13,940,353 3,317,185 17,555,654
Profit attributable to members of the company 490,420 - - 490,420
Transfers to reserves - self insurance reserve - - 1,497,754 1,497,754 Transfers (from) retained earnings (1,497,754) - - (1,497,754) Balance as at 31 October 2009 (709,218) 13,940,353 4,814,939 18,046,074
(a) Capital Profits Reserve The capital profits reserve records profits on sale of land.
(b) Self Insurance Reserve The self insurance reserve records funds set aside to manage and control future insurance premium fluctuations. Cash Flow Statement 2009 2008 Cash Flows from Operating Activities Note $ $
Receipts from sponsors, customers and members 13,094,522 14,303,777
Payments to suppliers and employees (11,444,908) (12,961,062) Interest received 304,230 749,683 Dividends received 130 293 Net cash provided by (used in) operating activities 18(a) 1,953,974 2,092,691
Cash Flows from Investing Activities Proceeds from sale of property, plant & equipment 909 63,218
Payment for property, plant & equipment (8,916,282) (1,611,442) Proceeds from sale of investments 4,999,600 7,721,795 Payment for investments (4,767,475) (7,129,837) Loans to related entities - proceeds from repayments 90,466 90,465 Net cash provided by (used in) investing activities (8,592,782) (865,801)
Cash Flows from Financing Activities
Proceeds from borrowings 4,953,990 -
Repayments of borrowings (5,439) - Finance costs (120,765) - Net cash provided by (used in) financing activities 4,827,786 - Net increase (decrease) in cash held (1,811,022) 1,226,890 Cash at beginning of financial year 7,713,204 6,486,314 Cash at end of financial year 18(b) 5,902,182 7,713,204
The accompanying notes form part of these financial statements. 25 Financial Statement For the Year Ended 31st October 2009
Note 1: Statement of Significant Accounting Policies
The financial report is for Football NSW Limited as an individual company, incorporated and domiciled in Australia. Football NSW Limited is a company limited by guarantee.
Basis of Preparation The financial report is a general purpose financial report that has been prepared in accordance with Australian Accounting Standards (including Australian Accounting Interpretations) and the Corporations Act 2001.
Australian Accounting Standards set out accounting policies that the AASB has concluded would result in a financial report containing relevant and reliable information about transactions, events and conditions. Material accounting policies adopted in the preparation of this financial report are presented below and have been consistently applied unless otherwise stated.
The financial report has been prepared on an accruals basis and is based on historical costs, modified, where applicable, by the measurement at fair value of selected non-current assets, financial assets and financial liabilities.
Accounting Policies (a) Revenue and Other Income Revenue from the sale of goods is recognised upon delivery of goods to customers.
Grant revenue is recognised in the income statement when the company obtains control of the grant and it is probable that the economic benefits gained from the grant will flow to the company and the amount of the grant can be measured reliably.
Interest revenue is recognised using the effective interest rate method, which for floating rate financial assets is the rate inherent in the instrument. Dividend revenue is recognised when the right to receive a dividend has been established.
Revenue from the rendering of a service is recognised upon delivery of the service to the customers.
All revenue is stated net of the amount of goods and services tax (GST).
(b) Inventories Inventories are valued at the lower of cost and current replacement cost.
(c) Property, Plant and Equipment Each class of property, plant and equipment is carried at cost or fair values as indicated, less, where applicable, accumulated depreciation and impairment losses
Property, plant and equipment are measured on the cost basis less depreciation and impairment losses
The carrying amount of property, plant and equipment is reviewed annually by directors to ensure it is not in excess of the recoverable amount from these assets. The recoverable amount is assessed on the basis of expected net cash flows which will be received from the assets employment and subsequent disposal. The expected net cash flows have been discounted to their present values in determining recoverable amounts.
Depreciation The depreciable amount of all fixed assets including buildings and capitalised lease assets, but excluding freehold land, is depreciated on a straight-line basis over the asset's useful life to the company commencing from the time the asset is held ready for use. Properties held for investment purposes are not subject to depreciation. Leasehold improvements are depreciated over the shorter of either the unexpired period of the lease or the estimated useful lives of the improvements.
The depreciation rates used for each class of depreciable assets are: Class of fixed asset Depreciation rate Freehold land and buildings 0-4% Motor vehicles 12.5-15% Plant and equipment 5-40%
The assets' residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.
Asset classes carrying amount is written down immediately to its recoverable amount if the asset's carrying amount is greater than its estimated recoverable amount.
Gains and losses on disposals are determined by comparing proceeds with the carrying amount. These gains or losses are included in the income statement.
(d) Leases Lease payments for operating leases, where substantially all the risks and benefits remain with the lessor, are charged as expenses on a straight-line basis over the lease term.
(e) Financial Instruments Initial recognition and measurement Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument. For financial assets, this is equivalent to the date that the company commits itself to either purchase or sell the asset (ie trade date accounting is adopted). Financial instruments are initially measured at fair value plus transaction costs except where the instrument is classified ‘at fair value through profit or loss’ in which case transaction costs are expensed to profit or loss immediately
26 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 1: Statement of Significant Accounting Policies (Continued)
Classification and subsequent measurement Finance instruments are subsequently measured at either fair value, amortised cost using the effective interest rate method or cost. Fair value represents the amount for which an asset could be exchanged or a liability settled, between knowledgeable, willing parties. Where available, quoted prices in an active market are used to determine fair value. In other circumstances, valuation techniques are adopted.
Amortised cost is calculated as: (i) the amount at which the financial asset or financial liability is measured at initial recognition; (ii) less principal repayments; (iii) plus or minus the cumulative amortisation of the difference, if any, between the amount initially recognised and the maturity amount calculated using the effective interest method ; and (iv) less any reduction for impairment.
The effective interest method is used to allocate interest income or interest expense over the relevant period and is equivalent to the rate that exactly discounts estimated future cash payments or receipts (including fees, transaction costs and other premiums or discounts) through the expected life (or when this cannot be reliably predicted, the contractual term) of the financial instrument to the net carrying amount of the financial asset or financial liability. Revisions to expected future net cash flows will necessitate an adjustment to the carrying value with a consequential ecognitionr of an income or expense in profit or loss.
(i) Financial assets at fair value through profit and loss Financial assets are classified at 'fair value through profit or loss' when they are held for trading for the purpose of short-term profit taking, or where they are derivatives not held for hedging purposes, or when they are designated as such to avoid an accounting mismatch or to enable performance evaluation where a group of financial assets is managed by key management personnel on a fair value basis in accordance with a documented risk management or investment strategy. Such assets are subsequently measured at air value with changes in carrying value being included in profit or loss.
(ii) Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market and are subsequently measured at amortised cost.
(iii) Held-to-maturity investments Held-to-maturity investments are non-derivative financial assets that have fixed maturities and fixed or determinable payments, and it is the company's intention to hold these investments to maturity. They are subsequently measured at amortised cost.
(iv) Available-for-sale financial assets Available-for-sale financial assets are non-derivative financial assets that are either not capable of being classified into other categories of financial assets due to their nature, or they are designated as such by management. They comprise investments in the equity of other entities where there is neither a fixed maturity nor fixed or determinable payments.
(v) Financial liabilities Non-derivative financial liabilities (excluding financial guarantees) ear subsequently measured at amortised cost.
Fair value Fair value is determined based on current bid prices for all quoted investments. Valuation techniques are applied to determine the fair value for all unlisted securities, including recent arm's length transactions, reference to similar instruments and option pricing models.
Impairment At each reporting date, the company assess whether there is objective evidence that a financial instrument has been impaired. In the case of available-for-sale financial instruments, a prolonged decline in the value of the instrument is considered to determine whether an impairment has arisen. Impairment losses are recognised in the income statement.
Derecognition Financial assets are derecognised where the contractual right to receipt of cash flows expires or the asset is transferred to another party whereby the company no longer has any significant continuing involvement in the risks and benefits associated with the asset. Financial liabilities are derecognised where the related obligations are either discharged, cancelled or expired. The difference between the carrying value of the financial liability, which is extinguished or transferred to another party and the fair value of consideration paid, including the transfer of non-cash assets or liabilities assumed, is recognised in profit or loss.
(f) Impairment of Assets At each reporting date, the company reviews the carrying values of its tangible and intangible assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the higher of the asset's fair value less costs to sell and value in use, is compared to the asset's carrying value. Any excess of the asset's carrying value over its recoverable amount is expensed to the income statement.
Where the future economic benefits of the asset are not primarily dependent upon the assets ability to generate net cash inflows and when the company would, if deprived of the asset, replace its remaining future economic benefits, value in use is depreciated replacement cost of an asset.
Where it is not possible to estimate the recoverable amount of an asset class, the company estimates the recoverable amount of the cash-generating unit to which the class of assets belongs.
The accompanying notes form part of these financial statements. 27 Financial Statement For the Year Ended 31st October 2009
Note 1: Statement of Significant Accounting Policies (Continued)
(g) Employee Benefits Provision is made for the company’s liability for employee benefits arising from services rendered by employees to balance date. Employee benefits that are expected to be settled within one year have been measured at the amounts expected to be paid when the liability is settled. Employee benefits payable later than one year have been measured at the present value.
Contributions are made by the company to an employee superannuation fund and are charged as expenses when incurred.
(h) Cash and cash equivalents Cash and cash equivalents include cash on hand, deposits held at-call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.
(i) Goods and Services Tax (GST) Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Tax Office. In these circumstances the GST is recognised as part of the cost of acquisition of the asset or as part of an item of the expense. Receivables and payables in the balance sheet are shown inclusive of GST.
Cash flows are presented in the cash flow statement on a gross basis, except for the GST component of investing and financing activities, which are disclosed as operating cash flows.
(j) Income Tax No provision for income tax has been raised as the company is exempt income tax under Div 50 of the Income Tax Assessment Act 1997.
(k) Provisions Provisions are recognised when the company has a legal or constructive obligation, as a result of past events, for which it is probable that an outflow of economic benefits will result and that outflow can be reliably measured. Provisions recognised represent the best estimate of the amounts required to settle the obligation at reporting date.
(l) Comparative Figures Where required by Accounting Standards comparative figures have been adjusted to conform with changes in presentation for the current financial year.
(m) Critical Accounting Estimates and Judgements The directors evaluate estimates and judgments incorporated into the financial report based on historical knowledge and best available current information. Estimates assume a reasonable expectation of future events and are based on current trends and economic data, obtained both externally and within the company.
(n) New Accounting Standards for Application in Future Periods The AASB has issued new, revised and amended standards and interpretations that have mandatory application dates for future reporting periods. The company has decided against early adoption of these standards. A discussion of those future requirements and their impact on the company is as follows:
• AASB 101: Presentation of Financial Statements, AASB 2007-8: Amendments to Australian Accounting Standards arising from AASB 101, and AASB 2007-10: Further Amendments to Australian Accounting Standards arising from AASB 101 (all applicable to annual reporting periods commencing from 1 January 2009). The revised AASB 101 and amendments supersede the previous AASB 101 and redefine the composition of financial statements including the inclusion of a statement of comprehensive income. There will be no measurement or recognition impact on the company.
• AASB 2008–5: Amendments to Australian Accounting Standards arising from the Annual Improvements Project (July 2008) and AASB 2008-6: Further Amendments to Australian Accounting Standards arising from the Annual Improvements Project (July 2008) detail numerous non-urgent but necessary changes to accounting standards arising from the IASB’s annual improvements project. No changes are expected to materially affect the company.
The company does not anticipate early adoption of any of the above reporting requirements and does not expect them to have any material effect on the company’s financial statements.
28 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 2: Revenue & Other Income
2009 2008 Revenue: Note $ $ Sales of goods 2,213,593 2,497,947
Affiliation fees 11,400 - Fees received 4,765,282 5,201,476 Fines and appeals 169,533 138,795 Football development grants 285,643 317,458 Gross gates 42,831 66,992 Hire 574,735 621,874 Legal costs recovery - 51,800 Marketing and promotion levy 260,143 260,395
Membership fees 367,100 364,577 Pools receipts 28,560 28,560 Referee appointment 15,019 15,249 Rent received 180,260 60,689 Self insurance 1,370,791 1,349,872 Signage and licensing 48,127 45,000 Sponsorship 993,687 1,158,434 Sundry revenue 118,161 172,206 Total Revenue 11,444,865 12,351,324
Other income: Distributions received 267,874 407,711
Dividends received 2(a) 130 293 Interest received 304,230 749,683 Total Other income 572,234 1,157,687 Total Revenue and Other income 12,017,099 13,509,011
(a) Interest revenue from: - external 292,388 731,125
- related parties 11,842 18,558 Total interest revenue 304,230 749,683
The accompanying notes form part of these financial statements. 29 Financial Statement For the Year Ended 31st October 2009
Note 3: Expenses 2009 2008 (a) Other expenses: $ $ Accreditation expenses 51,579 98,367
Advertising, promotions and sponsorship servicing 644,210 714,488 Auditor remuneration: - audit services 28,425 26,000 - other services 21,165 15,280 Bad and doubtful debts 68,974 10,591 Bank charges 9,496 12,231 Competitions, championships and camps 1,035,697 1,079,416 Consultancy fees 185,724 114,232
Directors' expenses 76,145 110,518 Electricity and gas 101,684 93,738 Entertainment expenses 41,403 48,897 Events 188,532 170,196 General expenses 67,164 67,384 Grants and member development 76,167 127,218 Hiring and ground rental 17,839 23,204 Human resources and risk management 25,734 22,700 Insurance and workers' compensation 112,065 108,458 Internet services and website 3,559 15,186 Leasing expenses 35,904 32,624 Legal costs 127,568 74,378 Loss on disposal of non-current investments 791,182 112 Loss on disposal of property, plant & equipment 3,487 20,211 Meeting expenses 41,505 35,501 Motor vehicle expenses 110,635 114,175 Movement in net market values of non-current investments (867,064) 1,595,949 Payroll tax 218,179 215,076 Player development programmes 1,097,772 1,369,040 Printing, postage and stationery 177,315 197,765 Prize money and gate distribution 226,152 235,441 Provision for employee benefits 55,931 33,358 Rates and taxes 98,071 47,808 Referees expenses 61,599 5,760 Repairs, maintenance and security 289,155 361,042 Staff training 22,682 28,229 Subscriptions 10,771 13,030 Telephone 81,354 79,308 Travelling and accommodation expenses 40,250 52,836 Total other expenses 5,378,010 7,369,747
30 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 4: Cash & Cash Equivalents
2009 2008 Note $ $ Cash on hand 2,600 2,600
Cash at bank 526,032 135,688 Cash on deposit 5,373,550 7,574,916 Total Revenue 5,902,182 7,713,204
Note 5: Trade & Other Receivables
Current
Trade receivables 652,141 737,273 Less: provision for impairment of receivables 5(a) (75,500) (13,627) 576,641 723,646 Other receivables 9,493 31,323 Loans - related parties 81,753 90,466 667,887 845,435
Non-Current
Loans - related parties - 81,753 - 81,753
(a) Provision for impairment of receivables Current trade receivables are generally on 30-day terms. These receivables are assessed for recoverability and a provision for impairment is recognised when there is objective evidence that an individual trade receivable is impaired. These amounts have been included in other expense items.
Movement in the provision for impairment of receivables is as follows: Opening balance 13,627 11,262
Charge for year 68,974 10,591 Bad debts written off (7,101) (8,226) Closing balance 75,500 13,627
(b) Credit risk - Trade and other receivables The company does not have any material credit risk exposure to any single receivable or group of receivables.
The following table details the company’s trade and other receivables exposed to credit risk (prior to collateral and other credit enhancements) with ageing analysis and impairment provided for if applicable. Amounts are considered as ‘past due’ when the debt has not been settled within the terms and conditions agreed between the company and the customer or counterparty to the transaction. Receivables that are past due are assessed for impairment by ascertaining solvency of the debtors and are provided for where there are specific circumstances indicating that the debt may not be fully repaid to the company.
The balances of receivables that remain within initial trade terms (as detailed in the table) are considered to be of high credit quality.
The accompanying notes form part of these financial statements. 31 Financial Statement For the Year Ended 31st October 2009
Note 5: Trade & Other Receivables (Continued)
Past due but not impaired (days overdue) Gross Past Due & Within Initial 2009 Amount Impaired < 30 31 - 60 > 60 Trade Terms
Trade receivables 652,141 75,500 179,849 32,014 125,093 239,685
Other Receivables 9,493 - - - - 9,493
661,634 75,500 179,849 32,014 125,093 249,178
2008
Trade receivables 737,273 13,627 237,463 178,685 57,428 250,070
Other Receivables 31,323 - - - - 31,323
768,596 13,627 237,463 178,685 57,428 281,393
The company does not hold any financial assets whose terms have been enegotiated,r but which would otherwise be past due or impaired.
Note 6: Inventories 2009 2008 Current $ $ Consumable stores - at cost 446,845 327,217 446,845 327,217
Note 7: Financial Assets 2009 2008 Current Note $ $ Held-to-maturity financial assets 7(a) 1,000,000 500,000 1,000,000 500,000 Non-Current Held-to-maturity financial assets 7(a) 500,000 1,500,000 Held-for-trading financial assets 7(b) 5,236,863 4,893,106
5,736,863 6,393,106 (a) Held-to-maturity financial assets comprise:
Unlisted investments, at cost - floating rate notes 1,500,000 2,000,000
Total held-to-maturity financial assets 1,500,000 2,000,000
(b) Held-for-trading financial assets comprise:
Listed investments, at fair value - shares in listed corporations - at cost - - - movement in net market values 4,925 4,925
4,925 4,925 Unlisted investments, at fair value - managed portfolio - at cost 5,664,063 6,187,270 - movement in net market values (432,125) (1,299,189)
5,231,938 4,888,081
32 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 7: Financial Assets (Continued)
Unlisted investments, at cost - shares in controlled entities 7(c) - 100 - 100
Total held-to-maturity financial assets 5,236,863 4,893,106
Investments held-to-maturity and held-for-trading are held to generate income through the receipt of distributions and capital gains.
(c) Included in unlisted investments, at cost, shares in controlled entities:
Carrying Amount Name Class of Share Ownership Interest of Investment 2009 2008 2009 2008 % % $ $ Football Federation NSW Pty. Limited Ord - 100 - 100 (Formerly Sydney Football Team Pty. Limited)
Note 8: Property, Plant and Equipment
2009 2008 Land & Buildings Note $ $ Freehold land & buildings - at cost 14,756,630 5,915,372 Less: accumulated depreciation (1,806,035) (1,591,967)
Total land & buildings 12,950,595 4,323,405
Plant & Equipment Motor vehicles - at cost 396,577 365,027 Less: accumulated depreciation (175,482) (130,407) 221,095 234,620
Plant and equipment - at cost 1,738,153 1,829,708 Less: accumulated depreciation (1,457,478) (1,351,859)
280,675 477,849 Total plant and equipment 501,770 712,469 Total property, plant and equipment 8(a) 13,452,365 5,035,874
(a) Movement in Carrying Amounts Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial year:
The accompanying notes form part of these financial statements. 33 Financial Statement For the Year Ended 31st October 2009
Note 8: Property, Plant and Equipment (Continued)
Freehold land Motor Plant & Total 2008 & buildings Vehicles Equipment $
Balance at the beginning of year 3,035,371 240,510 502,993 3,778,874 Additions - at cost 1,386,008 138,911 86,523 1,611,442 Disposals - (51,590) (11,628) (63,218) Profit (loss) on disposal - (20,323) 112 (20,211) Depreciation (97,974) (72,888) (100,151) (271,013) Carrying amount at the end of year 4,323,405 234,620 477,849 5,035,874
2009
Balance at the beginning of year 4,323,405 234,620 477,849 5,035,874
Additions - at cost 8,841,258 56,493 18,531 8,916,282
Disposals - (909) - (909)
Profit (loss) on disposal - (3,487) - (3,487)
Depreciation (214,068) (65,622) (215,705) (495,395)
Carrying amount at the end of year 12,950,595 221,095 280,675 13,452,365
Note 9: Other Assets
2009 2008 Current $ $ Prepayments 91,983 87,231 91,983 87,231 Note 10: Trade & Other Payables
Current
Unsecured liabilities Trade payables 1,251,368 1,064,428 Other payables and accrued expenses 2,111,173 1,146,801 3,362,541 2,211,229
Note 11: Borrowings
2009 2008 Current Note $ $ Hire purchase liabilities 14(a) 5,476 - 5,476 -
Non-Current
Bank bills secured 11(a)(b) 4,920,000 - Hire purchase liabilities 14(a) 23,075 - 4,943,075 -
34 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 11: Borrowings (Continued)
(a) The carrying amounts of non-current assets pledged as security are: - Freehold land and buildings 9,068,838 -
(b) Bank bills are secured by a registered mortgage over the property situated at Lot 2 Columbia Court, Baulkham Hills NSW more particularly described in Certificate of Title Folio Identifier 2/270512.
Hire purchase liabilities are secured by the underlying assets
Note 12: Provisions
Employee Total Benefits $ Opening balance 566,571 566,571
Additional provisions raised during year 227,989 227,989 Amounts used (172,058) (172,058) Closing balance 622,502 622,502
Analysis of total provisions
Current 520,085 445,607
Non-Current 102,417 120,964
622,502 566,571
(a) Provision for Long-term Employee Benefits A provision has been recognised for employee benefits relating to long service leave. In calculating the present value of future cash flows in respect of long service leave, the probability of long service leave being taken is based on historical data. The measurement and recognition criteria for employee benefits has been included in note 1(g).
Note 13: Other Liabilities
2009 2008 Current Note $ $
Bonds 56,050 51,050
Income received in advance 262,407 599,316
Income received in advance 318,457 650,366
Note 14: Capital & Leasing Commitments
(a) Finance Lease and Hire Purchase Commitments
Payable - minimum lease payments: - not later than 12 months 7,298 - - between 12 months and 5 years 26,152 - - greater than 5 years - - Minimum lease payments 33,450 - Less: future finance charges (4,899) - Present value of minimum lease payments 11 28,551 -
The accompanying notes form part of these financial statements. 35 Financial Statement For the Year Ended 31st October 2009
Note 14: Capital & Leasing Commitments (Continued)
(b) Operating Lease Commitments Non-cancellable operating leases contracted for but not capitalised in the financial statements.
2009 2008 Payable - minimum lease payments: $ $ - not later than 12 months 79,966 43,364 - between 12 months and 5 years 127,752 48,110 - greater than 5 years - - 207,718 91,474
(c) Capital Expenditure Commitments
Contracted for and payable: - not later than 12 months 1,091,344 3,730,000 - between 12 months and 5 years 237,351 - - greater than 5 years - - 1,328,695 3,730,000
Note 15: Events After the Balance Sheet Date
In the opinion of the directors, no matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the company, the results of those operations, or the state of affairs of the company in future financial years.
Note 16: Key Management Personnel Compensation
Short-term Long-term Current Benefits Benefits Total 2009 Total compensation 747,595 - 747,595
2008 Total compensation 725,185 - 725,185
Short-term benefits include salary & fees, superannuation and non-cash benefits.
Note 17: Related Party Transactions
Transactions between related parties are on normal comercial terms and conditions no more favourable than those available to other parties unless otherwise stated.
No director has entered into a material contract with the company since the end of the previous financial year and there were no material contracts involving directors' interests existing at year end.
36 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 18: Cash Flow Information
(a) Reconciliation of cash flow from operations with profit after income tax: 2009 2008 $ $ Profit after income tax 490,420 479,607
Cash flows excluded from profit attributable to operating activities: - Interest paid on acquisition of property 120,765 -
Non-cash flows in profit : - depreciation 495,395 271,013
- movement in net market values of non-current investments (867,064) 1,595,949
- net (gain) loss on disposal of property, plant & equipment 3,487 20,211
- net (gain) loss on disposal of investments 791,182 112
Changes in assets and liabilities: - decrease (increase) in trade and other receivables 168,835 146,177
- decrease (increase) in inventories (119,628) (5,608)
- decrease (increase) in other assets (4,752) 66,156
- increase (decrease) in trade and other payables 1,151,312 (306,484)
- increase (decrease) in provisions 55,931 33,358
- increase (decrease) in other liabilities (331,909) (207,800)
Net cash provided by (used in) in operating activities 1,953,974 2,092,691
(b) Reconciliation of cash Cash at the end of the financial year as shown in the cash flow statement iseconciled r to the related items in the balance sheet:
Cash on hand 2,600 2,600
Cash at bank 526,032 135,688
Cash on deposit 5,373,550 7,574,916
5,902,182 7,713,204
(c) Non-cash financing and investing activities
Property, plant & equipment During the year the company acquired property, plant & equipment with an aggregate fair value of $Nil (2008 $Nil) by means of finance leases. These acquisitions are not reflected in the cash flow statement.
(d) Credit standby arrangements and loan facilities
2009 2008 Note $ $ Credit facilities 5,120,000 200,000 Amount utilised (4,920,000) - Unused credit facilities 200,000 200,000
The company has a bank overdraft facility of $100,000 and a bank corporate charge card facility of $100,000. The facilities are secured by a first registered mortgage over the freehold land and buildings situated at 235 - 257 Meurants Lane, Glenwood, NSW.
The company has a bank bill facility of $4,920,000, the facility expires 21 May 2014 and the current interest rate is 5.74% (2008: Nil%).
The accompanying notes form part of these financial statements. 37 Financial Statement For the Year Ended 31st October 2009
Note 19: Financial Risk Management
The company's financial instruments consist mainly of cash and cash equivalents, short-term investments, trade and other receivables, trade and other payables and borrowings.
The totals for each category of financial instruments, measured in accordance with AASB 139 as detailed in the accounting policies to these financial statements, are as follows: 2009 2008 Financial Assets Note $ $
Cash and cash equivalents 4 5,902,182 7,713,204 Loans and receivables: - trade and other receivables 5 667,887 927,188 Held-to-maturity financial assets: - floating rate notes 7(a) 1,500,000 2,000,000 Held-or-trading financial assets: - equity investments 7(b) 5,236,863 4,893,106 13,306,932 15,533,498
Financial Liabilities Financial liabilities at amortised cost: - trade and other payables 10 3,362,541 2,211,229 - borrowings 11 4,948,551 - 8,311,092 2,211,229
(a) Financial Risk Management Policies The Board of Directors reviews and agrees policies for managing risk to enable the company to meet its financial targets.
(b) Specific Financial Risk Exposures and Management The main risks the company is exposed to through its financial instruments are interest rate risk, liquidity risk, credit risk and price risk.
(i) Interest Rate Risk Exposure to interest rate risk arises on financial assets and financial liabilities recognised at reporting date whereby a future change in interest rates will affect future cash flows or the fair value of fixed rate financial instruments.
Interest rate risk is managed using a mix of fixed and floating rate debt. At 31 October 2009 approximately 52% of company debt is fixed. It is the policy of the company to keep between 50% and 100% of debt on fixed interest rates.
The net effective variable interest rate borrowings (ie unhedged debt) exposes the company to interest rate risk which will impact future cash flows and interest charges and is indicated by the following floating interest rate financial liabilities:
2009 2008 Floating rate instruments Note $ $ Bank bills secured 11 2,340,000 - 2,340,000 - (ii) Liquidity Risk
Liquidity risk arises from the possibility that the company might encounter difficulty in settling its debts or otherwise meeting its obligations related to financial liabilities. The company manages this risk by preparing forecast cash flows, monitoring undrawn credit facilities, managing credit risk related to financial assets, only investing surplus cash with major financial institutions and comparing the maturity profile of financial liabilities with the realisation profile of financial assets.
The company's policy is to ensure no more than 30% of borrowings should mature in any 12-month period.
The tables below reflect an undiscounted contractual maturity analysis for financial liabilities.
Cash flows realised from financial assets reflect management's expectation as to the timing of realisation. Actual timing may therefore differ from that disclosed. The timing of cash flows presented in the table to settle financial liabilities reflects the earliest contractual settlement dates and do not reflect management's expectations that banking facilities will roll forward.
38 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 19: Financial Risk Management (Continued)
Total Within 1 year 1 - 5 Years Over 5 Years Contractual Cash Fow
2009 $ $ $ $ Financial liabilities due for payment
- trade and other payables 3,362,541 - - 3,362,541 - borrowings - 4,948,551 - 4,948,551 Total expected outflows 3,362,541 4,948,551 - 8,311,092
Financial assets - cash flow realisable
- cash and cash equivalents 5,902,182 - - 5,902,182 - trade and other receivables 667,887 - - 667,887 - financial assets 1,000,000 5,736,863 - 6,736,863
Total anticipated inflows 7,570,069 5,736,863 - 13,306,932 Net (outflow) inflow on financial instruments 4,207,528 788,312 - 4,995,840
2008 Financial liabilities due for payment - trade and other payables 2,211,229 - - 2,211,229 - borrowings - - - - Total Financial Liabilities 2,211,229 - - 2,211,229
Financial assets cash flows realisable
- cash and cash equivalents 7,713,204 - - 7,713,204 - trade and other receivables 927,188 - - 927,188 - financial assets 500,000 6,393,106 - 6,893,106
Total Financial Assets 9,140,392 6,393,106 - 15,533,498 Net (outflow) inflow on financial instruments 6,929,163 6,393,106 - 13,322,269
(iii) Credit Risk Exposure to credit risk relating to financial assets arises from the potential non-performance by counterparties of contract obligations that could lead to a financial loss to the company.
Credit risk is managed through maintaining procedures ensuring, to the extent possible, that customers and counterparties to transactions are of sound credit worthiness and includes the utilisation of systems for the approval, granting and renewal of credit limits, the regular monitoring of exposures against such limits and the monitoring of the financial stability of significant customers and counterparties. Such monitoring is used in assessing receivables for impairment. Credit terms are generally 14 to 30 days from the date of invoice. Customers that do not meet the company’s strict credit policies may only purchase in cash or using recognised credit cards.
Risk is also minimised through investing surplus funds in major financial institutions.
The maximum exposure to credit risk by class of recognised financial assets at balance date, excluding the value of any collateral or other security held, is equivalent to the carrying value and classification of those financial assets (net of any provisions) as presented in the balance sheet.
Trade and other receivables that are neither past due or impaired are considered to be of high credit quality. Aggregates of such amounts are as detailed at Note 5.
(iv) Price risk Price risk relates to the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices largely due to demand and supply factors for commodities.
The company is exposed to securities price risk on investments held-for-trading. Such risk is managed through diversification of investments across industries.
The accompanying notes form part of these financial statements. 39 Financial Statement For the Year Ended 31st October 2009
Note 19: Financial Risk Management (Continued)
(c) Net Fair Values The fair values of financial assets and liabilities are presented in the following table and can be compared to their carrying values as presented in the balance sheet. Fair values are those amounts at which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm's length transaction.
Fair values derived may be based on information that is estimated or subject to judgement, where changes in assumptions may have a material impact on the amounts estimated. Areas of judgement and the assumptions have been detailed below. Where possible, valuation information used to calculate fair value is extracted from the market, with more reliable information available from markets that are actively traded. In this regard, fair values for listed securities are obtained from quoted market bid prices. Where securities are unlisted and no market quotes are available, fair value is obtained using discounted cash flow analysis and other valuation techniques commonly used by market participants.
Differences between fair values and carrying values of financial instruments with fixed interest rates are due to the change in discount rates being applied by the market since their initial recognition by the company. Most of these
2009 2008
Net Carry Value Net Fair Value Net Carry Value Net Fair Value Financial Assets Footnote $ $ $ $
Cash and cash equivalents (i) 5,902,182 5,902,182 7,713,204 7,713,204
Trade and other receivables (i) 667,887 667,887 927,188 927,188
Held-to-maturity investments (i) 1,500,000 1,500,000 2,000,000 2,000,000
Held-or-trading investments (ii) 5,236,863 5,236,863 4,893,106 4,893,106
13,306,932 13,306,932 15,533,498 15,533,498
Financial Liabilities Trade and other payables (i) 3,362,541 3,362,541 2,211,229 2,211,229
Borrowings (iii) 4,948,551 4,311,081 - -
8,311,092 7,673,622 2,211,229 2,211,229
The fair values disclosed in the above table have been determined based on the following methodologies:
(i) Cash and cash equivalents, trade and other receivables and trade and other payables are short-term instruments in nature whose carrying value is equivalent to fair value.
(ii) For held-for-trading financial assets, closing quoted market prices at reporting date are used.
(iii) Fair values are determined using a discounted cash flow model incorporating current commercial borrowings rates. The fair value of fixed rate debt will differ to carrying values.
(d) Sensitivity Analysis The following table illustrates sensitivities to the company's exposures to changes in interest rates and equity prices. The table indicates the impact on how profit and equity values reported at balance date would have been affected by changes in the relevant risk variable that management considers to be reasonably possible. These sensitivities assume that the movement in a particular variable is independent of other variables. Profit Equity 2009 $ $ +/- 2% in interest rates +/- 107,609 +/- 107,609 +/- 10% in investments +/- 483,899 +/- 483,899
2008
+/- 2% in interest rates +/- 197,996 +/- 197,996 +/- 10% in investments +/- 542,764 +/- 542,764
This sensitivity analysis has been performed on the assumption that all other variables remain unchanged. No sensitivity analysis has been performed on foreign exchange risk, as the company is not exposed to foreign exchange fluctuations.
40 The accompanying notes form part of these financial statements. Financial Statement For the Year Ended 31st October 2009
Note 20: Capital Management
When managing capital, management's objective is to ensure that adequate cash flows are generated to fund the fostering and encouragement of the game of football in New South Wales. The audit and risk committee ensures that the overall risk management strategy is in line with this objective.
The audit and risk committee operates under policies approved by the board of directors. Risk management policies are approved and reviewed by the board on a regular basis.
There have been no changes to the strategy adopted by management to control the capital of the company since the previous year. The company is not subject to any externally imposed capital requirements.
Note 21: Members' Guarantee
Every member of the company undertakes, in accordance with the Constitution of the company, to contribute such amount (not exceeding $20.00) as may be required in the event of the winding up of the company during the time that they are a member or within one year afterwards. As at 31 October 2009 the number of members was 58 (2008: 58).
Note 22: Company Details
The registered office of the company is: 235 - 257 Meurants Lane Glenwood NSW 2768
Director's Declaration
The directors of the company declare that:
1. The financial statements and notes are in accordance with the Corporations Act 2001 : (a) comply with Australian Accounting Standards; and (b) give a true and fair view of the financial position as at 31 October 2009 and of the performance for the year ended on that date of the company.
2. In the directors’ opinion there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable.
This declaration is made in accordance with a resolution of the Board of Directors.
James Forrest Howard Bradley Director Director
18 November 2009
The accompanying notes form part of these financial statements. 41 CHARTERED ACCOUNTANTS
Level 11, 22 Market Street INDEPENDENT AUDITOR’S REPORT SYDNEY NSW 2000
GPO Box 1442 TO THE MEMBERS OF SYDNEY NSW 2001
FOOTBALL NSW LIMITED Tel: 02 8263 1000 A.B.N. 25 003 215 923 Fax: 02 9262 2911
Email: [email protected] Web: www.cbcpartners.com.au
Report on the financial report
We have audited the accompanying financial report of Football NSW Limited, which comprises the balance sheet as at 31 October 2009, and the income statement, statement of recognised income & expenditure and cash flow statement for the year ended on that date, a summary of significant accounting policies and other explanatory notes and the directors' declaration.
The responsibility of the directors for the financial report
The directors of the company are responsible for the preparation and fair presentation of the financial report in accordance with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Act 2001 . This responsibility includes establishing and maintaining internal control relevant to the preparation and fair presentation of the financial report that is free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.
Auditor's responsibility
Our responsibility is to express an opinion on the financial report based on our audit. We conducted our audit in accordance with Australian Auditing Standards. These Auditing Standards require that we comply with relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain reasonable assurance whether the financial report is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial report. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial report, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the company's preparation and fair presentation of the financial report in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors, as well as evaluating the overall presentation of the financial report.
Liability limited by a scheme approved under Professional Standards Legislation.
42 35 CHARTERED ACCOUNTANTS
Level 11, 22 Market Street INDEPENDENT AUDITOR’S REPORT SYDNEY NSW 2000
GPO Box 1442 TO THE MEMBERS OF SYDNEY NSW 2001
FOOTBALL NSW LIMITED Tel: 02 8263 1000 A.B.N. 25 003 215 923 Fax: 02 9262 2911
Email: [email protected] Web: www.cbcpartners.com.au
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Independence
In conducting our audit, we have complied with the independence requirements of the Corporations Act 2001 .
Auditor's opinion
In our opinion, the financial report of Football NSW Limited is in accordance with the Corporations Act 2001 , including:
(a) giving a true and fair view of the company’s financial position as at 31 October 2009 and of their performance for the year ended on that date; and
(b) complying with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Regulations 2001.
CBC PARTNERS Chartered Accountants
GERARD J. BULTERS Partner
SYDNEY Dated: 18 November 2009
Liability limited by a scheme approved under Professional Standards Legislation.
36 43 CHARTERED ACCOUNTANTS
Level 11, 22 Market Street FOOTBALL NSW LIMITED SYDNEY NSW 2000 A.B.N. 25 003 215 923 GPO Box 1442 SYDNEY NSW 2001 COMPILATION REPORT Tel: 02 8263 1000 Fax: 02 9262 2911
Email: [email protected] Web: www.cbcpartners.com.au
We have complied the accompanying special purpose financial statements of the company which comprise the attached summary income statement for the year ended 31 October 2009. The specific purpose for which the special purpose financial statements have been prepared is to provide financial information to the directors.
The responsibility of the directors
The directors are solely responsible for the information contained in the special purpose financial statements and have determined that the basis of accounting adopted is appropriate to meet their needs.
Our responsibility
On the basis of the information provided by the directors we have complied the accompanying special purpose financial statements in accordance with the basis of accounting and APES 315: Compilation of Financial Information.
Our procedures use accounting expertise to collect, classify and summarise the financial information, which the directors provided, in compiling the financial statements. Our procedures do not include verification or validation procedures. No audit or review has been performed on the information and accordingly no assurance is expressed.
The special purpose financial statements were compiled exclusively for the benefit of the directors. We do not accept responsibility to any other person for the contents of the special purpose financial statements.
CBC PARTNERS Chartered Accountants
GERARD J. BULTERS Partner
SYDNEY Dated: 18 November 2009
Liability limited by a scheme approved under Professional Standards Legislation.
44 37 Financial Statement For the Year Ended 31st October 2009
Summary Income Statement
2009 2008 $ $ Accommodation Complex 29,206 96,709 Administration 647,368 (274,408) Associations - Community Services 1,412,099 1,171,987 Canteen 60,618 48,945 Catering (24,044) 91,714 Championships (16,361) (660) Coerver Merchandising - 222 Competitions (142,669) (33,057) Development Programmes (42,263) 6,284 FNSW Academies 67,476 124,543 Futsal 56,412 319,312 Marketing & Promotions 118,560 272,559 Media & Communications (340,855) (251,485) National Coaching (257,445) (244,362) NSW Institute of Sport - Men's (35,000) (30,000) NSW Institute of Sport - Women's (35,000) (30,000) NSW State Teams - City & Country (458,638) (393,109) Referees Department (96,069) (34,596) Schools Development (113,142) (86,292) Soccer Wearhouse Merchandising (277) 89,149 Special Projects (51,023) (184,421) Sports Complex (325,318) (233,400) Women's Football 36,785 53,973
Total Surplus / (Deficit) 490,420 479,607
The accompanying notes form part of these financial statements. 45
We at the FFA fully support and endorse Project 22 “ “ as it is a fantastic initiative to have a structure of the best coaches and best talents in one. – Han Berger FFA Technical Director Football NSW Competition Winners
Competition Premiers Champions
TeleChoice Premier League Sydney United Sutherland Sharks
TeleChoice Premier League (Grade 20) Blacktown City Demons Sydney United
NSW Premier Youth League (U18) Wollongong CFC Wollongong CFC
NSW Premier Youth League (U16) Blacktown City Demons Wollongong CFC
NSW Premier Youth League (U15) Marconi Stallions Blacktown City Demons
NSW Premier Youth League (U14) Marconi Stallions Marconi Stallions
NSW Premier Youth League (U13) Sydney Olympic Wollongong CFC
NSW Super League Rockdale City Suns Spirit FC
NSW Super League (Grade 20) Northern Tigers Northern Tigers
NSW Super League Youth League (U18) Dulwich Hill SC Macarthur Rams
NSW Super League Youth League (U16) Western NSW Panthers PCYC Parramatta
NSW Super League Youth League (U15) Dulwich Hill SC Western NSW Panthers
NSW Super League Youth League (U14) Northern Tigers Dulwich Hill SC
NSW Super League Youth League (U13) PCYC Parramatta PCYC Parramatta
NSW State League Division One Dulwich Hill Mounties FC
NSW State League Division One (Grade 20) Schofields Scorpions FC Sydney Wanderers
NSW State League Division One Youth League (U18) Sydney University Camden Tigers
NSW State League Division One Youth League (U16) Sydney University Fraser Park FC
NSW State League Division One Youth League (U15) Fraser Park FC Hurstville City Minotaurs
NSW State League Division One Youth League (U14) Fraser Park FC Mt. Druitt Town Rangers
NSW State League Division One Youth League (U13) Sydney University Fraser Park
NSW State League Division Two Camden Tigers Colo Colo Wanderers
NSW State League Division Two (Reserve Grade) Camden Tigers Gladesville Ryde Magic
Metropolitan Representative League (U12) Ku-Ring-Gai Ku-Ring-Gai
Metropolitan Representative League (U11) Southern Districts Sutherland
Arrive alive Women’s Premier League Illawarra Stingrays Illawarra Stingrays
Arrive alive Women’s Premier League (Reserve Grade) Manly United FC Illawarra Stingrays
Arrive alive Women’s Premier League (U16) NWS Koalas Marconi Stallions
Arrive alive Women’s Premier League (U14) NWS Koalas NWS Koalas
Arrive alive Women’s Premier League (U12) Manly United FC Manly United FC
Arrive alive Women’s Super League Inter Lions Inter Lions
Arrive alive Women’s Super League (Reserve Grade) Western NSW Panthers Southern NSW FC
Arrive alive Women’s Super League (U16) Western NSW Panthers Southern NSW FC
Arrive alive Women’s Super League (U14) Inter Lions Western NSW Panthers
Arrive alive Women’s Super League (U12) Central Coast Lightning Central Coast Lightning
48 Football NSW Cup Winners
Competition Champions Runners Up
Tiger Turf Cup Sutherland Sharks Manly United
Manchester United Nike Cup – Oceania (U15) Marconi Stallions Waitakere City FC (NZ)
Centenary Cup (U12) St. George Ku-Ring-Gai
Frank Broughton Cup (U11) Southern Districts Granville
Mitchell Cup (WAA) Inter Lions A Western NSW Panthers
Mitchell Shield (WAA) Inter Lions B North Sydney
Proctor Park Challenge (WU16) Western NSW Panthers Southern NSW
Proctor Park Challenge (WU14) Macarthur Rams Southern NSW
Proctor Park Challenge (WU12) Macarthur Rams Inter Lions
Cheryl Salisbury Cup (WU12) Central Coast Lightning Southern NSW
NSW State Titles (U16) Metropolitan Far South Metropolitan Far North
NSW State Titles (U15) Metropolitan West Metropolitan East
NSW State Titles (U14) Metropolitan Far South Metropolitan East
NSW State Titles (U13) Metropolitan East Metropolitan Far South
NSW State Titles (U12) Metropolitan South Metropolitan Far South
NSW State Titles (U11) Metropolitan West Metropolitan South
NSW State Titles (WU16) Metropolitan Far North Metropolitan South
NSW State Titles (WU14) Metropolitan Far North Metropolitan East
NSW State Titles (WU12) Metropolitan North Metropolitan South
NSW Country Championships (U16) Southern Branch Western Branch
NSW Country Championships (U15) Riverina Branch Western Branch
NSW Country Championships (U14) Western Branch Riverina Branch
NSW Country Championships (U13) Southern Branch Western Branch
NSW Country Championships (U12) Western Branch Riverina Branch
NSW Country Championships (U11) Western Branch Southern Branch
NSW Country Championships (WU16) Southern Branch Western Branch
NSW Country Championships (WU14) Western Branch Southern Branch
NSW Country Championships (WU12) Riverina Branch Southern Branch
Country Cup (U16) Riverina Branch Western Branch
Country Cup (U15) Western Branch Riverina Branch
Country Cup (U14) Riverina Branch Western Branch
Country Cup (U13) Western Branch Riverina Branch
Country Cup (U12) Riverina Branch Western Branch
Country Cup (U11) Western Branch Riverina Branch
Country Cup (WU16) Western Branch Southern Branch
Country Cup (WU14) Riverina Branch Southern Branch
Country Cup (WU12) Riverina Branch Western Branch
49 2009 FFA National Youth Championships for Girls
U15 Girls Final Standings: 1.NSW Metropolitan, 2.Queensland, 3.Northern NSW, 4.NSW Country, 5.Capital Football, 6.South Australia, 7.Football Victoria, 8.Football West, 9. Tasmania,10. Northern Territory.
Final: NSW Metropolitan 3 (S Brown 29', R Soutar 33', H Makrillos 38') def. Queensland 0
3rd/4th Playoff: Northern NSW 2 (A Jones 38’, H Tamblyn 49') def. NSW Country 0
U17 Girls Final Standings: 1.Queensland, 2.Northern NSW, 3.NSW Country, 4.NSW Metropolitan, 5.Football West, 6.South Australia, 7.Football Victoria, 8.Tasmania, 9.Capital Football,10.Northern Territory.
Final: Queensland 1 (K Gorry 56') Northern NSW 1 (R Dobson 45') Queensland won 5-3 on penalties
3rd/4th Playoff: NSW Metropolitan 1 (H Petinos 65’) def. by NSW Country 1 (R Potter 8’) (NSW Country won 4-2 on penalties)
2009 FFA National Youth Championships for Boys
U14 Boys Final Standings: 1.Victoria Metropolitan, 2.NSW Metropolitan, 3.Capital Football, 4.South Australia, 5.Football West, 6.Northern NSW, 7.Queensland Metropolitan, 8.Tasmania, 9.NSW Country, 10.Victoria Country, 11.Northern Territory, 12.Queensland Country
Final: NSW Metropolitan 0 def. by Victoria Metropolitan 2 (J Buceto 16’, D Murnane 50’)
3rd/4th Playoff: South Australia 1 (J Pattiwaellapia 46’) def. by Capital Football 2 (G Mukevski 21’, R Walsh 23’)
U15 Boys Final Standings: 1.NSW Metropolitan, 2.Northern NSW, 3.Victoria Metropolitan, 4.South Australia, 5.Queensland Metropolitan, 6.Victoria Country, 7.Capital Football, 8.Queensland Country, 9.Football West, 10.Tasmania, 11.Northern Territory, 12.NSW Country
Final: NSW Metropolitan 3 (A Proia 45’/60’/70’) def. Northern NSW 0
3rd/4th Playoff: South Australia 0 def. by Victoria Metropolitan 3 (A Suliman 3’/20’, L Jeggo 67’)
50 Football NSW Futsal Competition Winners
Competition Premiers Champions
Premier League (AA) Sydney Magic PCYC Sydney Magic PCYC
Premier League (Youth) Campbelltown City Quake Inner West Allstars
Premier League (U16) Sydney City Eagles Sydney Magic PCYC
Premier League (U14) Mascot Vipers Campbelltown City Quake
Premier League (U12) Hawkesbury Commodores Hawkesbury Commodores
Premier League (WAA) Mascot Vipers Mascot Vipers
Premier League (WU16) Sydney Magic PCYC Campbelltown City Quake
Premier League (WU13) Hawkesbury Commodores Hawkesbury Commodores
Super League (AA) Dural Warriors Sydney Benfica FC
Super League (Youth) Sydney Benfica FC Sydney Benfica FC
Super League (U16) Dural Warriors Dural Warriors
Super League (U14) Enfield Rovers Enfield Rovers
Super League (U12) South Coast Taipans Sydney Benfica FC
Super League (WAA) Parramatta Blueberries Breakers FC
Super League (WU16) Breakers FC Breakers FC
Super League (WU13) Breakers FC Breakers FC
W-League 2008-09
Pos Team P W D L F A +/- Pts
1 Queensland Roar 10 8 1 1 27 7 +20 25
2 Newcastle Jets 10 5 2 3 17 12 +5 17
3 Canberra United 10 4 4 2 14 10 +4 16
4 Sydney FC 10 4 2 4 15 12 +3 14
5 Melbourne Victory 10 4 0 6 13 13 0 12
6 Central Coast Mariners 10 4 0 6 15 20 -5 12
7 Perth Glory 10 3 2 5 14 24 -10 11
8 Adelaide United 10 2 1 7 11 28 -17 7-
51 Football NSW Grassroots Competition Winners
Competition Champions Runners Up
Bill Cullinan Cup (AA) Eastwood St. Andrews Miranda Magpies
Robertson Cup (U21) Kemps Creek United Gymea United
State Cup (O35) Castle Hill Gymea United
State Cup (U18) Lilli Pilli Wakehurst
State Cup (U16) Lilli Pilli Brookvale
State Cup (U14) Wakehurst Auburn Districts
State Cup (U12) Leichhardt Tigers Glossodia
State Cup (WAA) University of Wollongong Cronulla RSL
State Cup (WU18) Springwood Beacon Hill
State Cup (WU16) Colo Cougars Bexley North
State Cup (WU14) Bossley Sports Lilli Pilli
State Cup (WU12) Bossley Sports Parklea
Champion of Champions (AA) Yagoona Lions Brookvale
Champion of Champions (O45) Gladesville Hornsby St. George
Champion of Champions (O35) All Saints Hunters Hill Collaroy Strikers
Champion of Champions (U21) Kemps Creek United Quakers Hill Juniors
Champion of Champions (U18) Kenthurst Orana Spurs
Champion of Champions (U17) Inter Lions Wollongong Olympic
Champion of Champions (U16) Leichhardt Tigers AC United
Champion of Champions (U15) Balgownie Earlwood
Champion of Champions (U14) Wakehurst Lidcombe Waratahs
Champion of Champions (U13) Oak Flats Gladesville Ravens
Champion of Champions (U12) Fairfield Colts Glossodia
Champion of Champions (U11) Balgownie Wakehurst
Champion of Champions (U10) Bondi United Figtree
Champion of Champions (WAA) University of Wollongong Milton Ulladulla
Champion of Champions (WO30) Gladesville Ravens Harbord Seasiders United
Champion of Champions (WU18) Unanderra Springwood United
Champion of Champions (WU16) Bexley North Culburra
Champion of Champions (WU14) Lilli Pilli Kincumber Roos
Champion of Champions (WU12) Parklea Lindfield
52 “ It's been a fantastic season for everyone involved at the
Stingrays but it's been deserved for the amount of hard work both the players and officials put in throughout“ 2009 to make this year such a huge success for us. - Michelle Heyman Illawarra Stingrays
Gold Medal Dinner
Award Winner
Fair Play Award Sutherland Sharks
Club Championship Sydney United
Golden Boot (Grade 20) Steven Veleski (Sydney United) – 10 goals
Andreas Golden Boot First Grade Matthew Mayora (Sydney Olympic) – 15 goals
Media Award Manly Daily & ‘O Kosmos’
Referee of the Year Peter Vrtkovski
Errea Goalkeeper of the Year Vedran Janjetovic (Sydney United)
Coach of the Year Ante Milicic (Sydney United)
2009 TeleChoice Premier League All Star team 1. Vedran Janjetovic (Sydney United) 2. Michael Robinson (Sutherland Sharks) 3. Shane Webb (Bankstown City Lions) 4. Joe Vrkic (Sydney United) 5. Richard Luksic (Bankstown City Lions) 6. Scott Thomas (Manly United) 7. Ali-Abbas (Marconi Stallions) 8. Panny Nikas (Sutherland Sharks) 9. Alexander Canak (Marconi Stallions) 10. Bradley Boardman (Sutherland Sharks) 11. Luka Glavas (Sydney United) Coach: Ante Milicic (Sydney United)
Player of the Year (Grade 20) Damian Brosque (Bankstown City Lions)
Gold Medal Winner (Player of the Year) Bradley Boardman (Sutherland Sharks)
2009 Gold Medal Winner Bradley Boardman
54 Silver Medal Dinner
Award Winner
NSW State League Division Two Fair Play Award Springwood
NSW State League Division One Fair Play Award UNSW
NSW Super League Fair Play Award Central Coast Lightning
NSW State League Division One Youth League Club Championship Sydney University
NSW Super League Youth League Club Championship PCYC Parramatta
NSW State League Division Two Golden Boot Grant Mackechnie (Camden Tigers) – 20 goals
NSW State League Division One Golden Boot Neil Philippou (Dulwich Hill) – 18 goals
NSW Super League Golden Boot Juan Chavez (St. George) – 24 goals
Media Award Liverpool Champion
Referee of the Year Khodr Yahgi
Goalkeeper of the Year James Lowery (Sydney University)
Coach of the Year Mile Todoroski (Rockdale City Suns)
Charles Valentine Medal Peter Sarikakis (Hurstville City Minotaurs)
NSW State League Division Two Player of the Year Benjamin Green (Camden Tigers)
NSW State League Division One Player of the Year (Grade 20) Peter Spinos (Sydney Wanderers)
NSW State League Division One Player of the Year Daniel McCann (Mounties FC)
NSW Super League Player of the Year (Grade 20) Nathan Millgate (Northern Tigers)
Silver Medal Winner (NSW Super League Player of the Year) Juan Chavez (St. George)
2009 Silver Medal Winner Juan Chavez
55 Platinum Medal Dinner
Award Winner
Arrive alive Women’s Super League Fair Play Award Southern Branch
Arrive alive Women’s Premier League Fair Play Award Sutherland Sharks
Arrive alive Women’s Super League Club Championship Inter Lions
Arrive alive Women’s Premier League Club Championship NWS Koalas
Arrive alive Women’s Super League Golden Boot Danielle Calvi (Inter Lions) – 24 goals
Debbie Tait Memorial Trophy Michelle Heyman (Illawarra Stingrays) & (Arrive alive Women’s Premier League Golden Boot) Stephanie Haim (Macarthur Rams) – 24 goals
Media Award Illawarra Mercury & WIN TV
Arrive alive Women’s Premier League Referee of the Year Peta McCallum
Arrive alive Women’s Super League Goalkeeper of the Year Sarah Hunt (Western NSW)
Arrive alive Women’s Premier League Goalkeeper of the Year Michelle Grigg (Macarthur Rams)
Arrive alive Women’s Super League Coach of the Year Rob Kain (Southern Branch)
Arrive alive Women’s Premier League Coach of the Year Larry Bates (Manly United)
Arrive alive Women’s Super League Player of the Year (Reserve Grade) Rachel Potter (Southern Branch)
Arrive alive Women’s Super League Player of the Year Catherine Cannuli (Inter Lions)
Arrive alive Women’s Premier League Player of the Year (Reserve Grade) Rachel Marr (Manly United)
Platinum Medal Winner (Arrive alive Women’s Premier League Player of the Year) Michelle Heyman (Illawarra Stingrays)
2009 Platinum Medal Winner Michelle Heyman
56 State Dinner
Award Winner
State Award Winners • Suzanne Sim (Blacktown & District Soccer Football Association Inc.) • Raymond Webb (Canterbury & District Soccer Football Association Inc.) • Selwyn Dallinger (Dubbo & District Football Association Inc.) • Peter Quessy (Gladesville-Hornsby Football Association Inc.) • Warren Searle (Granville & District Soccer Football Association Inc.) • Gary Cimador (Griffith & District Soccer Association Inc.) • John Whiddett (Illawarra Junior Football Association) • Kerrie Gale (Macarthur District Soccer Football Association Inc.) • John Koster (Manly Warringah Football Association Inc.) • Colin Fisher (Nepean District Soccer Football Association Inc.) • Jeanette Jones (North West Sydney Women’s Football Inc. • Gayle Hannan (North West Sydney Women’s Football Inc.) • Graham Jones (Shoalhaven District Football Association Inc.) • Glenys Jones (Shoalhaven District Football Association Inc.) • June Lang (Southern Tablelands Football Association Inc.) • Barry Jones (Sutherland Shire Football Association Inc.) • Donna O’Grady (Wagga Wagga & District Amateur Football Association Inc.) • Joan Robertson (Southern Branch) • Gary Simpson (Western Branch)
Fair Play Award Mark Higgins (Parklea Soccer Football Club – Blacktown & District Soccer Football Association Inc.)
George Churchward Medal Lindsay Cosgrove (Southern Tablelands Football Association Inc.)
State Dinner Award Winners
57 Futsal Dinner
Award Winner
Mario Mazzeo Award (Young Referee of the Year) Nick Backo
Referee of the Year Gavin Lee
Coach of the Year (Super League) Cathie Sweeny
Coach of the Year (Premier League) Zvi Ben David
Super League Goalkeeper of the Year (U12) Thomas Manos (Northern Tigers)
Super League Goalkeeper of the Year (U14) Jake Webster (South Coast)
Super League Goalkeeper of the Year (U16) Nicolas Maye (Botany Bay)
Super League Goalkeeper of the Year (Youth) Cameron Nacson (Sydney University)
Super League Goalkeeper of the Year (AA) Elliot Jurd (Northern Tigers)
Super League Goalkeeper of the Year (WU13) Ivana Zaric (South Coast)
Super League Goalkeeper of the Year (WU16) Kaiya Robertson (Enfield Rovers)
Super League Goalkeeper of the Year (WAA) Ingrid Haralovic (Enfield Rovers)
Premier League Goalkeeper of the Year (U12) John Dimitrakis (Sydney Magic PCYC)
Premier League Goalkeeper of the Year (U14) Benjamin Maruca (Western Raiders)
Premier League Goalkeeper of the Year (U16) Luis Soto (Mascot Vipers)
Premier League Goalkeeper of the Year (Youth) Roberto Maiorana (Sydney Magic PCYC)
Premier League Goalkeeper of the Year (AA) Peter Akers (Western Raiders)
Premier League Goalkeeper of the Year (WU13) Sharmiran Khamis (Western Raiders)
Premier League Goalkeeper of the Year (WU16) Cassandra Nader (Mascot Vipers)
Premier League Goalkeeper of the Year (WAA) Melissa Khoury (West City Crusaders)
Super League Golden Boot (U12) Chris Zuvela (Dural Warriors) & Bai Antoniou (Barcelona FC)
Super League Golden Boot (U14) Dean Bereveskos (Barcelona FC)
Super League Golden Boot (U16) Alan Kovacevic (Botany Bay)
Super League Golden Boot (Youth) Hussein Akil (Sydney Benfica FC)
Super League Golden Boot (AA) Rogerio Texeira (Botany Bay)
Super League Golden Boot (WU13) Amy Dahda (Enfield Rovers)
Premier League Golden Boot (U12) Paul Katsetis (Sydney City Eagles)
Premier League Golden Boot (U14) Daniel Vellonio (Campbelltown City Quake)
Premier League Golden Boot (U16) Shervin Adeli (Inner West Allstars)
Premier League Golden Boot (Youth) Daniel Fogerty (Inner West Allstars)
Premier League Golden Boot (AA) Yavuz Ekinci (Mascot Vipers)
Premier League Golden Boot (WU13) Sarah Yatim (Inner West Allstars)
Premier League Golden Boot (WU16) Natasha LoGiudice (Sydney Magic PCYC)
Premier League Golden Boot (WAA) Laura Elliot (West City Crusaders)
Super League Golden Boot (WU16) Jessica Carosi (Botany Bay)
Super League Golden Boot (WAA) Fatima Agar (Parramatta Blueberries)
58 Futsal Dinner
Award Winner
Super League Player of the Year (U12) Chris Zuvela (Dural Warriors)
Super League Player of the Year (U14) Dean Bereveskos (Barcelona FC)
Super League Player of the Year (U16) Anthony Foti (APIA Leichhardt)
Super League Player of the Year (Youth) Rhys Giovenali (Dural Warriors)
Super League Player of the Year (AA) Tobias Seeto (Dural Warriors)
Super League Player of the Year (WU13) Amy Dahda (Enfield Rovers)
Super League Player of the Year (WU16) Georgia Donovan (Dural Warriors)
Super League Player of the Year (WAA) Belinda Seers (Sydney University)
Premier League Player of the Year (U12) Paul Ketsetis (Sydney City Eagles)
Premier League Player of the Year (U14) Patrick Antelmi (Campbelltown City Quake) & Andras Veis (Sydney Magic PCYC)
Premier League Player of the Year (U16) Shervin Adeli (Inner West Allstars)
Premier League Player of the Year (Youth) Daniel Fogerty (Inner West Allstars)
Premier League Player of the Year (AA) Yavuz Ekinci (Mascot Vipers)
Premier League Player of the Year (WU13) Kristi Pavlicevic (Hawkesbury Commodores)
Premier League Player of the Year (WU16) Doris Osman (West City Crusaders)
Premier League Player of the Year (WAA) Natalie Spirovski (Sydney Magic PCYC)
Premier League Player of the Year (AA) Yavuz Ekinci
59 Sutherland Sharks, TeleChoice Championship Series Champions
Registered Player Comparison 2008 v 2009
Associations 2008 2009 % Change
Sutherland Shire Football Association Inc. 17551 17414 -0.78%
Manly Warringah Football Association Inc. 15672 15840 1.07%
Ku-Ring-Gai & District Soccer Association Inc. 14843 15060 1.46%
Central Coast Football 13024 13153 0.99%
Gladesville-Hornsby Football Association Inc. 13182 12924 -1.96%
Nepean District Soccer Football Association Inc. 13055 12844 -1.62%
Canterbury & District Soccer Football Association Inc. 12316 12699 3.11%
Granville & District Soccer Football Association Inc. 11386 11985 5.26%
Blacktown & District Soccer Football Association Inc. 8899 8907 0.09%
Southern Districts Soccer Football Association Inc. 8658 8630 -0.32%
Macarthur District Soccer Football Association Inc. 8504 8586 0.96%
St George Soccer Football Association Inc. 8044 8118 0.92%
Illawarra Junior Football Association 8177 7922 -3.12%
Eastern Suburbs Football Association Inc. 7614 7906 3.84%
State League Clubs 6963 6914 -0.70%
Bankstown District Amateur Football Association Inc. 6866 6655 -3.07%
Shoalhaven District Football Association Inc. 3213 3028 -5.76%
North West Sydney Women’s Football Inc. 2950 3013 2.14%
Lachlan Amateur Soccer Association Inc. 2760 2694 -2.39%
Bathurst & District Soccer Football Association* - 2373 -
Wagga Wagga & District Amateur Football Association Inc. 2177 2249 3.31%
Illawarra Football Association 2153 2135 -0.84%
Orange & District Football Association Soccer Inc. 2156 2039 -5.43%
Griffith & District Soccer Association Inc. 1910 1925 0.79%
Dubbo & District Football Association Inc. 1891 1854 -1.96%
Highlands Soccer Association Inc. 1694 1625 -4.07%
Eurobodalla Football Association Inc. 1300 1222 -6.00%
Southern Tablelands Football Association Inc. 1195 1217 1.84%
Albury Wodonga Football Association 2288 1174 -48.69%
Far South Coast Football Association 948 953 0.53%
Lithgow & District Soccer Association* - 885 -
South West Slopes Soccer Association 886 843 -4.85%
Western Plains Soccer Association 662 631 -4.68%
Sydney Amateur League 544 552 1.47%
Western Premier League 273 247 -9.52%
Mitchell District Soccer Association* 3436 - -
TOTAL 207190 206216 -0.47%
*Players in Mitchell District Soccer Association as of 2009 are represented by Bathurst & District Soccer Football Association and Lithgow & District Soccer Association
62 Male Player Comparison 2008 v 2009
Associations 2008 2009 % Change
Ku-Ring-Gai & District Soccer Association Inc. 12368 12523 1.25%
Gladesville-Hornsby Football Association Inc. 12584 12315 -2.14%
Sutherland Shire Football Association Inc. 12496 12282 -1.71%
Manly Warringah Football Association Inc. 11334 11464 1.15%
Central Coast Football 10058 10209 1.50%
Granville & District Soccer Football Association Inc. 9618 10165 5.69%
Canterbury & District Soccer Football Association Inc. 9963 9962 -0.01%
Nepean District Soccer Football Association Inc. 10221 9955 -2.60%
Southern Districts Soccer Football Association Inc. 7485 7489 0.05%
Blacktown & District Soccer Football Association Inc. 7416 7348 -0.92%
Macarthur District Soccer Football Association Inc. 6982 6907 -1.07%
St George Soccer Football Association Inc. 6593 6688 1.44%
Eastern Suburbs Football Association Inc. 5931 6178 4.16%
Bankstown District Amateur Football Association Inc. 5781 5603 -3.08%
State League Clubs 5615 5534 -1.44%
Illawarra Junior Football Association 6188 5482 -11.41%
Shoalhaven District Football Association Inc. 2523 2315 -8.24%
Illawarra Football Association 2153 2135 -0.84%
Wagga Wagga & District Amateur Football Association Inc. 1801 1835 1.89%
Bathurst & District Soccer Football Association* - 1729 -
Orange & District Football Association Soccer Inc. 2070 1698 -17.97%
Lachlan Amateur Soccer Association Inc. 1647 1591 -3.40%
Dubbo & District Football Association Inc. 1551 1424 -8.19%
Griffith & District Soccer Association Inc. 1369 1392 1.68%
Highlands Soccer Association Inc. 1311 1299 -0.92%
Southern Tablelands Football Association Inc. 892 954 6.95%
Albury Wodonga Football Association 1662 840 -49.46%
Eurobodalla Football Association Inc. 861 774 -10.10%
Far South Coast Football Association 627 695 10.85%
Lithgow & District Soccer Association* - 645 -
Sydney Amateur League 544 552 1.47%
South West Slopes Soccer Association 526 538 2.28%
Western Plains Soccer Association 448 410 8.48%
Western Premier League 273 247 9.52%
Mitchell District Soccer Association* 2522 - -
North West Sydney Women’s Football Inc. - - -
TOTAL 163413 161177 -1.37%
*Players in Mitchell District Soccer Association as of 2009 are represented by Bathurst & District Soccer Football Association and Lithgow & District Soccer
63 Female Player Comparison 2008 v 2009
Associations 2008 2009 % Change
Sutherland Shire Football Association Inc. 5055 5132 1.52%
Manly Warringah Football Association Inc. 4338 4376 0.88%
North West Sydney Women’s Football Inc. 2950 3013 2.14%
Central Coast Football 2966 2944 -0.74%
Nepean District Soccer Football Association Inc. 2834 2889 1.94%
Canterbury & District Soccer Football Association Inc. 2353 2737 16.32%
Ku-Ring-Gai & District Soccer Association Inc. 2475 2537 2.51%
Illawarra Junior Football Association 1989 2440 22.67%
Granville & District Soccer Football Association Inc. 1768 1820 2.94%
Eastern Suburbs Football Association Inc. 1683 1728 2.67%
Macarthur District Soccer Football Association Inc. 1522 1679 10.32%
Blacktown & District Soccer Football Association Inc. 1483 1559 5.12%
St George Soccer Football Association Inc. 1451 1430 -1.45%
State League Clubs 1348 1380 2.37%
Southern Districts Soccer Football Association Inc. 1173 1141 -2.73%
Lachlan Amateur Soccer Association Inc. 1113 1103 -0.90%
Bankstown District Amateur Football Association Inc. 1085 1052 -3.04%
Shoalhaven District Football Association Inc. 690 713 3.33%
Bathurst & District Soccer Football Association* - 644 -
Gladesville-Hornsby Football Association Inc. 598 609 1.84%
Griffith & District Soccer Association Inc. 541 533 -1.48%
Eurobodalla Football Association Inc. 439 448 2.05%
Dubbo & District Football Association Inc. 340 430 26.47%
Wagga Wagga & District Amateur Football Association Inc. 376 414 10.11%
Orange & District Football Association Soccer Inc. 86 341 296.51%
Albury Wodonga Football Association 626 334 -46.65%
Highlands Soccer Association Inc. 383 326 -14.88%
South West Slopes Soccer Association 360 305 -15.28%
Southern Tablelands Football Association Inc. 303 263 -13.20%
Far South Coast Football Association 321 258 -19.63%
Lithgow & District Soccer Association* - 240 -
Western Plains Soccer Association 214 221 3.27%
Mitchell District Soccer Association* 914 - -
Illawarra Football Association - - -
Sydney Amateur League - - -
Western Premier League - - -
TOTAL 43777 45039 2.88%
*Players in Mitchell District Soccer Associa- tion as of 2009 are represented by Bathurst & District Soccer Football Association and Lithgow & District Soccer
64 Age Comparison 2008 v 2009
Age Groups 2008 2009 % Change
6 18507 16990 -8.20%
7 13694 13963 1.96%
8 13986 13975 -0.08%
9 13365 13000 -2.73%
10 14317 12721 -11.15%
11 11219 11737 4.62%
12 12788 11992 -6.22%
13 9284 9430 1.57%
14 11876 11336 -4.55%
15 7122 7762 8.99%
16 9984 9473 -5.12%
17 4237 4445 4.91%
18 5033 5319 5.68%
19 708 991 39.97%
21 3125 3660 17.12%
All Age / Over 35 57945 59422 2.55%
TOTAL 207190 206216 -0.47%
Juniors and Seniors Comparison 2008 v 2009
Age Groups 2008 2009 % Change
Male Junior (6-17yrs) 110687 106850 -3.47%
Female Junior (6-17yrs) 29692 29974 0.95%
Male Senior (18yrs+) 52726 54327 3.04%
Female Senior (18yrs+) 14085 15065 6.96%
TOTAL 207190 206216 -0.47%
65 Number of Clubs Comparison 2008 v 2009
Associations 2008 2009 % Change
State League Clubs 54 52 -3.70%
Ku-Ring-Gai & District Soccer Association Inc. 36 35 -2.78%
Nepean District Soccer Football Association Inc. 33 34 3.03%
Gladesville-Hornsby Football Association Inc. 34 33 -2.94%
Granville & District Soccer Football Association Inc. 29 32 10.34%
North West Sydney Women’s Football Inc. 28 27 -3.57%
Southern Districts Soccer Football Association Inc. 27 27 -
Illawarra Football Association 27 27 -
Illawarra Junior Football Association 26 27 3.85%
Sutherland Shire Football Association Inc. 26 26 -
Blacktown & District Soccer Football Association Inc. 26 26 -
St George Soccer Football Association Inc. 24 24 -
Eastern Suburbs Football Association Inc. 24 24 -
Canterbury & District Soccer Football Association Inc. 23 23 -
Macarthur District Soccer Football Association Inc. 23 23 -
Central Coast Football 22 22 -
Bankstown District Amateur Football Association Inc. 22 22 -
Orange & District Football Association Soccer Inc. 18 18 -
Manly Warringah Football Association Inc. 17 17 -
Dubbo & District Football Association Inc. 16 17 6.25%
Lachlan Amateur Soccer Association Inc. 15 16 6.67%
Highlands Soccer Association Inc. 12 16 33.34%
Bathurst & District Soccer Football Association* 0 14 -
Shoalhaven District Football Association Inc. 13 13 -
Southern Tablelands Football Association Inc. 13 13 -
Griffith & District Soccer Association Inc. 9 12 25.00%
Albury Wodonga Football Association 12 11 -8.33%
Wagga Wagga & District Amateur Football Association Inc. 12 9 -25.00%
Eurobodalla Football Association Inc. 7 7 -
Western Plains Soccer Association 7 7 -
Far South Coast Football Association 7 7 -
South West Slopes Soccer Association 5 5 -
Lithgow & District Soccer Association* 0 5 -
Sydney Amateur League 1 1 -
Mitchell District Soccer Association* 20 - -
Western Premier League - - -
TOTAL 668 672 0.60%
*Players in Mitchell District Soccer Associa- tion as of 2009 are represented by Bathurst & District Soccer Football Association and Lithgow & District Soccer
66 Futsal Registered Player Comparison 2008 v 2009
Associations 2008 2009 % Change
Dural Sports & Recreation 1377 1472 6.90%
Menai 583 793 36.02%
Inner City Fut5al 683 659 -3.51%
Pittwater Uniting Church 735 609 -17.14%
Epping YMCA 602 603 0.17%
Glenwood Futsal Club 554 585 5.60%
Riverstone Sports 418 387 -7.42%
Hornsby PCYC 366 375 2.46%
Hawkesbury YMCA - 374 -
St. George Futsal Club 199 361 81.41%
Ashfield 268 354 32.09%
Marrickville PCYC 165 320 93.94%
Starlight Soccer Inc. (North Sydney) 275 273 -0.73%
Campbelltown City Quake 332 265 -20.18%
Stanhope Gardens 300 221 -26.33%
Rockdale Sports 200 206 3.00%
SIYSA 64 196 206.25%
Young PCYC 102 177 73.53%
Blaxland - 168 -
Head Office 13 157 1107.69%
Just Futsal 69 152 120.29%
Rockdale PCYC 200 125 -37.50%
Mascot Vipers 93 114 22.58%
Western Plains - 114 -
Sutherland Shire Futsal 53 106 100.00%
Sydney City Eagles 97 104 7.22%
West City Crusaders FC 379 101 -73.35%
Hawkesbury Commodores (formerly Macquarie Towns) 804 101 -87.44%
Sydney Magic PCYC 148 95 35.81%
Northern Tigers 84 93 10.71%
Maccabi Futsal Club 83 92 -
Sydney Uni SFC - 92 -
Katoomba Sports and Aquatic Centre 113 90 -20.35%
Western Raiders 657 90 -86.30%
Northern Beaches Breakers - 90 -
Sydney Benfica FC 95 86 -9.47% Botany Bay Pirates - 84 -
Batemans Bay 119 83 -30.25%
South Coast FC 81 82 1.23%
Inner West Allstars 92 79 -14.13%
Greater Western Sydney Vikings 69 78 13.04%
APIA Leichhardt 71 78 9.86%
Dural Warriors 72 77 6.94%
67 Futsal Registered Player Comparison 2008 v 2009
Associations 2008 2009 % Change
Parramatta Blueberries (formerly Parramatta Blues) 73 77 5.48%
Barcelona FC - 76 -
Enfield Rovers 70 74 5.71%
Indoor 5’s 300 70 -76.67%
NSW Youth Cup - 64 -
Miller Futsal Club 30 57 90.00%
North Ryde Futsal Club (formerly North Ryde RSL) 106 52 -50.94%
Bateau Bay 76 30 -60.53%
Shoalhaven 27 6 -77.78%
Bankstown PCYC 62 - -
Liverpool Fusion 71 - -
Homebush 74 - -
Indoor Central 278 - -
Kellyville YMCA ISC 436 - -
Bonnyrigg 745 - -
Northern Beaches 3118 - -
TOTAL 16081 11267 -29.94%
68