5TH ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2010 SOUTH SYDNEY MEMBERS RUGBY LEAGUE FOOTBALL CLUB LTD ACN 118 320 684 ANNUAL REPORT YEAR ENDED 31 OCTOBER 2010 ‘Just one finger’ is all it takes with the De’Longhi Primadonna Avant. You would be excited too, with De’Longhi’s range of ‘just one finger’ Fully Automatic Coffee Machines setting a new standard in coffee appreciation. Featuring one Contents Page touch technology for barista quality Cappuccino, Latte or Flat White, all in the comfort of your own home. All models include automatic cleaning, an in-built quiet grinder and digital programming to personalise your coffee settings. With a 01 Chairman’s Report 3 comprehensive range to choose from, you’ll be spoilt for choice. 02 100 Grade Games 4 03 Life Members 6 04 Financials 7 - Directors’ Report 7a-7b www.delonghi.com.au / 1800 126 659 - Lead Auditor’s Independence Declaration 7c Who can resist a good looking Italian? Major sponsors of the South Sydney Rabbitohs. - Statement of Comprehensive Income - Statement of Changes in Equity 7d - Statement of Financial Position 7e - Statement of Cash Flows 7f - Notes to the Financial Statements 7g-7k - Directors’ Declaration 7l - Audit Report 7l Best in Class. 05 Corporate Partners 8 Building on its English heritage, Kenwood continues to inspire generations of 06 South Sydney District Rugby League Football Club Limited 9 cooks by making food preparation a pleasure. Like the South Sydney Rabbitohs, 07 NRL Results Premiership Matches 2010 13 Kenwood has been there from the start – from the first Mixer made over 60 years NRL Player Record for Season 2010 15 ago to now being featured in homes around the world. Kenwood’s Best-in-class 2010 NRL Ladder 15 product range offers professional solutions for the home, with increased power, 08 NSW Cup Results 2010 16 time saving innovations and unyielding craftsmanship. Contact your local retailer 17 to learn more about the Best-in-class range. 09 Toyota Cup Results 2010 10 2010 Toyota Cup Ladder 18 2010 Club Awards 18 Kitchen Machines Food Processors Mincers and Blenders Hand Blenders and Mixers Meat Grinders www.kenwood-australia.com / 1800 126 659 Major sponsors of the South Sydney Rabbitohs. SOUTH SYDNEY MEMBERS RUGBY LEAGUE FOOTBALL CLUB LIMITED 1 ANNUAL REPORT YEAR ENDED 31 OCTOBER 2010 Chairman’s Report 01 My report to Members last year concluded with Club through all its highs and lows. While the dedicated group of sponsors, from our top-tier a comment regarding our desire to reach 10,000 scale of that investment may not be as large, it majors like De’Longhi and V8 Supercars, to our ticketed members for the 2010 season. As is no less significant and it remains the bedrock host of mid-tier sponsors and our dedicated they have always done, our fantastic supporters upon which our Club sits as a major player in small business supporters, all of whom display responded to that call with traditional vigour and Australia’s supporting landscape. unwavering commitment to our Club by aligning loyalty and we were able to exceed this lofty their businesses with the Rabbitoh brand. target before the commencement of the 2010 In terms of financial performance, the 2010 season. year delivered very encouraging results for Within Member Co, the corporate entity that the Football Club. Once again, revenues represents Members’ interests within the broader This achievement should not be understated. rose considerably, by almost $1 million, while Football Club, I have again been delighted to A club that a decade ago had faced the expenditure increased by only $600,000. This serve with a dedicated Board. As Member prospect of extinction is now leading the race translated last year’s operating loss of $258,527 revenues continue to grow each year, Member in terms of ticketed membership. That such a into an operating profit of $60,644. This is Co increases in importance as the custodian of transformation could come about so quickly, an impressive turnaround and is in line with the core values that represent the ‘DNA’ of our particularly since private investment was projections made to Members by the Board and Club – its colours, its logo, its prized location in introduced to our Club in 2006, is a remarkable Management regarding a return to profitability for the heartland of Sydney and its enduring legacy reflection on the strength of our supporter base. the Football Club. as the code’s oldest and most successful club. Never one to rest on its laurels, the Club has lifted the bar even higher this year, such that we This result comes into even sharper focus when Lets us all hope that 2011 brings the results that hope to reach ticketed membership in excess one considers that there is no other Sydney club we have yearned for over many years. Without of 14,000 in 2011, a figure that will leave our in the NRL competition that returned a profit in doubt, the time has come to start reaping some Sydney competitors some considerable distance the 2010 year. The fact that we did so without rewards for the commitment and dedication behind. any financial assistance from a licensed club and displayed by so many. without any further funding from our investors, While private investment has undoubtedly speaks in volumes for the dedication of our staff underpinned much of the success of recent and for the commitment of our Members and years, we must never forget that we are blessed sponsors. with a third investor that stands shoulder to shoulder with Russell Crowe and Peter Holmes As we embark upon a new season that marks à Court. That investor is the loyal South 40 years since our last premiership victory, Nicholas Pappas Sydney Member who each year makes his or we are delighted to welcome Star City and Chairman, Member Co her investment into the Club and supports the Kenwood as major sponsors. They join a SOUTH SYDNEY MEMBERS RUGBY LEAGUE FOOTBALL CLUB LIMITED 3 ANNUAL REPORT YEAR ENDED 31 OCTOBER 2010 ANNUAL REPORT YEAR ENDED 31 OCTOBER 2010 South Sydney Football Club South Sydney Football Club 100 Games for South Sydney 100 Games for South Sydney SURNAME FIRST NAME YEARS 1ST GRADE 022ND GRADE 3RD GRADE TOTAL GAMES 02 STEVENS WAYNE 1963-69 16 92 23 131 GAMES GAMES GAMES FIELD CRAIG 1990-96 72 47 11 130 COLEMAN CRAIG 1980-92 208 47 42 297 ROOT EDDIE 1923-29; 1931-33 112 17 129 FENECH MARIO 1981-90 181 42 25 248 WHY JACK 1925-34 80 48 128 PIGGINS GEORGE 1964-78 112 100 33 245 BROGAN KEN 1943-45; 1947-50; 1952-53 77 43 7 127 STEVENS GARY 1964-76 162 64 3 229 D’JURA BRONKO 1983-86; 1988-89 76 38 13 127 MCCARTHY BOB 1963-75; 1978 211 16 227 MASON RAY 1951-57 35 85 7 127 ANDREWS MICHAEL 1983-93 182 30 11 223 THOMPSON MANOA 1987-93 57 24 46 127 SAIT PAUL 1967-79 165 43 15 223 ROBERTS PAUL 1986-91 69 57 126 SIMMS ERIC 1965-75 206 6 6 218 WRIGHT GARY 1975-81 67 43 16 126 BOYLE DAVID 1982-91 169 42 3 214 GORMAN ROD 1963-69 10 48 66 124 HAMMERTON ERNIE 1947-58 157 46 5 208 MAYBON ROD 1988-93 74 31 19 124 HARRINGTON ROSS 1983-91 94 83 20 197 QUINLIVAN OSCAR 1923-30 99 25 124 GRANT BOB 1966-75 134 61 195 WALL BRIAN 1972-78 28 55 41 124 SATTLER JOHN 1963-72 195 195 ROSS BRETT 1984-88 48 47 27 122 RAYNER JACK 1946-57 194 194 ROSS MARK 1981-83; 1985-87 50 70 2 122 STEWART KEN 1974-83 133 47 13 193 TREWEEK GEORGE 1925-34 119 3 122 LONGBOTTOM KEVIN 1960-71 105 74 12 191 FALLA MICK 1961-67 62 51 8 121 BLAIR ALF 1917-27; 1929-30 186 4 190 MCNICHOLAS PAUL 1994-99; 2002 34 52 35 121 STUART LUKE 2002-10 185 1 186 PITTARD DENNIS 1968-73 121 121 COWIE LES 1946-58 176 8 1 185 CHISOLM WAYNE 1985-91 95 21 4 120 WEARING BENNY (SENIOR) 1920-33 172 13 185 EVANS GREG 1981-86 17 48 55 120 NEVILLE DARRYL 1984-89; 1991 52 88 41 181 MACKEY GREG 1980-83 32 70 18 120 HEILER ALLEN 1962-72 42 107 31 180 NELSON FRED 1954-61 82 28 10 120 LEE DENIS 1961-72 30 124 22 176 FENNELL CHAS 1924-34 37 77 5 119 TRINDALL DARRELL 1990-99 133 37 6 176 FRANCIS MICHAEL 1993-98 56 36 27 119 PURCELL BERNIE 1949-52; 1954-60 173 2 175 MCPHERSON SHANNAN 2004-10 70 12 37 119 MCMILLAN BOB 1970-80 51 96 26 173 MOSES BOB 1965-70 95 24 119 MAROON DARREN 1986-92; 1994; 1997 58 76 37 171 POWELL RICHIE 1957-67 93 13 13 119 DONOGHUE DENNIS (SENIOR) 1947-57 166 4 170 SQUADRITO JOE 1978-83 53 49 17 119 TAIT JIM 1924-36 17 137 14 168 WILLIAMS PERCY 1929-35; 1937-38 80 25 13 118 O’NEILL JOHN 1965-71; 1975-76 150 14 164 ELLISON MARK 1983-84; 1987-90 66 39 12 117 MERRITT NATHAN 2002-03; 2006-10 140 19 2 161 NORGARD GREG 1967-72 20 79 18 117 HALLETT HOWARD (SENIOR) 1909-24 158 158 POBJIE MICHAEL 1983-87 88 28 1 117 CHURCHILL CLIVE 1947-58 157 157 BAMPTON DARRELL 1969-73; 1978-79 51 58 7 116 MURDOCH DON 1948-56 45 94 17 156 FELSCH FRED 1936-44 116 116 FA’ALOGO DAVID 2003-09 142 13 155 JONES GRANT 1977-81 16 90 9 115 SUTTON JOHN 2002-10 132 5 18 155 NISZCZOT ZIGGY 1980-84 115 115 WITHERS JEFF 1969-76 52 58 45 155 BREEN JIM 1917-18; 1921-30 25 88 1 114 COOTE RON 1963-71 148 5 1 154 GEDDES SCOTT 2002-10 112 1 113 NILSON NORM 1948-56 23 127 4 154 TALANOA FETULI 2005-10 83 16 13 112 RAMPLING TONY 1981-86;89 90 58 6 154 MOIR IAN 1952-58 110 1 111 WATSON DAVE 1921-31 90 63 153 O’CONNOR FRANK 1927-37 79 26 6 111 DAVIDSON LES 1983-90 103 32 17 152 SCHOTT DARREN 1988-93 44 67 111 TUNKS PETER 1977-83 96 41 15 152 RIGHTON ALAN 1925-32 77 33 110 HINSON EDDIE 1932-40; 1942-43 92 40 19 151 WOOD GARTH 1995-98; 2003-05 22 34 53 109 WALTERS ELWYN 1966-73 128 21 2 151 KOSTA SAVAH 1968-73 17 62 29 108 BILES LESTER 1982-88 53 68 27 148 LEWIS ERIC 1927-29; 1932-37 81 8 19 108 BRANIGHAN ARTHUR 1962-71 90 44 14 148 ROBINSON REG 1960-63; 1969-71 36 72 108 MURRAY BRIAN 1953-61