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ANNUAL REPORT 2019/20 // Australian Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Contents // 3 2 Contents 01 02 03 PAGE 04 PAGE 06 PAGE 08 President’s Report CEO Report A Message from Sport 04 05 06 PAGE 10 PAGE 32 PAGE 38 Club Services Programs & Participation Safety

07 08 PAGE 42 PAGE 46 Awards High Performance 09 10 PAGE 62 PAGE 102 Finance Report Staff Listing ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // President’s Report // 5 4 President’s Over the centuries, sailors have shown Finally, I would also like to sincerely “whatever is needed” to help clubs High Performance their adaptability and resilience. There are thank all members of our Australian manage COVID as best as we can. The last twelve months was Report Sailing Team Patrons Program, another highly successful year Financial management times when we need to trim for maximum headed by Coordinator Robert Salteri. for our Australian Sailing Team. Through the work of our finance The Patrons generously give each I want to acknowledge the hard speed and there are times when we need team and the work of the Audit & Risk year to ensure sailors can compete work, dedication and commitment Committee Committee chaired by to exercise seamanship and to ride out the and perform at their very best on the of our sailors, coaches, training Director, Garry Langford, Australian world stage each year. partners and their families to ensure most vicious of storms and remain committed Sailing has been well placed to ride their preparation in the lead up to The foundation for our future out the COVID storm. This hard to care for and support one another to keep Tokyo is world class. Their agility We recognise how challenging work has enabled Australian Sailing and adaptability to adjust to the each other safe in the most challenging COVID-19 has been for our clubs. to have a solid financial footing to postponing of the Olympics is Thankfully, our One Sailing initiative enable us to support our clubs and of conditions. testament to their strength, tenacity has enabled Australian Sailing to sailors in years to come. and teamwork. provide a collective and coordinated Strong clubs equal response to provide as much strong sailing It has been a very challenging year Whilst the storms that have raged and determination of our Olympic support and information to our clubs Australian Sailing remains focused for many of us. Through the difficult around us in 2020 have happened sailors and coaches who continue throughout the country. It has also on putting clubs at the centre of times what has remained consistent off the water as we responded to remain focused and train hard set a solid foundation to ensure the everything we do. We believe when has been our love of sailing and the to bushfires in the summer and to fulfil their lifelong dream of viability and success of sailing for our clubs are strong, our sport is spirit of care and support that runs subsequently COVID-19, what has representing their country and make years to come. strong. We view our primary role through our sailing community. I look remained consistent is the spirit that us all proud. As always, we remain forward to continuing to work with Practically, our team at Australian as supporting our clubs to drive lies in the heart of all those who in awe of the extraordinary work of you in the days ahead. Sailing have focused on providing participation, member growth and simply love messing about in boats. our volunteers who continue to be accurate Federal and State specific retention of existing members so giving of their time and energy (particularly young adults). We are more than a sport; we are a information in real time to every club to enable us to spend as much time community. It has been particularly in Australia. Additionally, we have Like so many other sports and on the water doing what we love. heart-warming to hear stories of spoken directly to individual sailors pastimes, participation numbers It is for these reasons that I feel clubs coming together to look after through our website, media releases were impacted by COVID as we all incredibly humbled and privileged to their more vulnerable members. and social channels. We held a Club did what we could to social distance write my first report as President of Whether it be providing meals or Conference with a difference through and to keep our communities safe Australian Sailing. simply letting members know they a series of virtual webinars held and well. We appreciate the impact are not alone. We have seen our I want to thank and acknowledge across the country. Our response has this had on our clubs who rely upon team at Australian Sailing, like many each of our dedicated employees, been wide and varied from active participation and people walking across the country, adjust to a new lead by our CEO Ben Houston for advocacy with the Federal Sports through their doors to stay afloat. We way of working to ensure we are their contribution to Australian Minister to completing the rent relief also saw a significant reduction in able to do all we can to support our Sailing and for the support they form for small community clubs. course participation numbers in line Daniel Belcher clubs, sailors and volunteers. We provide to our Board, our clubs, our Australian Sailing has been an agile with the forced closure of many of President have been inspired by the tenacity sailors and our volunteers. and responsive organisation doing our Discover Sailing Centres. Australian Sailing ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // CEO Report // 7 6 CEO Report This has been a challenging year for the affiliation fees underpins Australian to congratulate and extend my Institute Partners. We are also sailing community and Australian Sailing. Sailing. In recognition of the thanks to the sailors, officials, club thankful for the generous support challenges facing clubs and to assist volunteers, staff and supporters who offered by our Major Partners Our sport has endured bushfires, floods clubs to manage their cash flow we made the regattas a success. Hamilton Island, Network Insurance deferred setting the 2020/21 Club Group and Zhik, our Official Partners and the COVID-19 crisis. In 2019 we acknowledged the best Affiliation Fees until September and at Ronstan, B&G Navico, Sharp in our sport at the Australian Sailing announced a one year discount of Extensive IT and Maersk along Awards, with Mat Belcher and Will 50% due to the impact of COVID-19 with our Official Suppliers at Liros Ryan (Male Sailor of the Year) and to be invoiced from January 2021. Ropes, DeckHardware, Maui Jim Like many sports organisations in the borders closed and I’m looking Nia Jerwood and Monique de Vries Sunglasses, Choice Hotels and Australia, Australian Sailing was forward to all of the state borders Participation remains the backbone (Female Sailor of the Year) taking out Navionics Australia. This support is required to make some tough reopening so that I can again of our sport and growth in the top awards. particularly appreciated during the decisions and implemented a engage more directly with clubs membership is one of our key We also acknowledged five very COVID crisis. number of initiatives to ensure the around the country. strategic priorities. This year we deserving inductees to the Australian sustainability of our organisation and launched the OutThere Sailing I would like to express my sincere While COVID-19 has had a Sailing Hall of Fame: operations. This included cancelling profound impact on Australian program as the latest Discover thanks to all of the club volunteers, a number of courses and events, › Adrienne Cahalan OAM Sailing we have remained focused Sailing program, which is designed officials, staff and members who restricting travel and accessing our on supporting clubs as they deal to engage teenagers in fun activities › Foy contribute so much of their time, cash reserves. We also actively with the challenges presented by at clubs. We were also pleased › Greg Hyde effort and skill to support our sailing sought and received Government to announce Hamilton Island as community. the pandemic and develop their › Magnus and Trygve Halvorsen relief, but were still obliged to make the Major Partner for the SheSails plans to transition out of this crisis. I would also like to thank Daniel the difficult decision to let people initiative. SheSails is designed to I would like to congratulate the The introduction of the COVID-19 Belcher and the Australian Sailing go from the organisation. The One promote female participation in members of the sailing community In the face of adversity, we have Information Hub on the Australian Board for all of their guidance and Sailing governance and operational our sport, and with the support of who received Order of Australia seen the resilience of our sailors and Sailing website was developed to support during this challenging year reforms has been one of the factors Hamilton Island we have been able awards for their contribution to have been heartened by the stories allow clubs to obtain sailing-specific and acknowledge the hard work that has helped to ensure that the to deliver resources and tools to sailing and this year. of how our members have supported information regarding the pandemic and commitment of all of the staff of organisation has remained viable clubs to assist in the promotion of These included, Peter Hemery OAM their clubs and helped and cared for to help inform their decision making. Australian Sailing. their sailing community. during the crisis. the program. I would like to thank (Royal Yacht Squadron and We recognised that many clubs the SheSails committees in each Royal Prince Alfred Yacht Club), Mr This year we made the decision to In March the Tokyo Olympics were faced significant challenges during state who contribute much of their Glenn Bourke AM (Hamilton Island move our annual Club Conferences, postponed which was a huge the COVID-19 crisis and Australian time to the success of the program. Yacht Club), Mr Patrick Bollen OAM State and National Awards disappointment for our athletes, Sailing has been active in engaging (Cruising Yacht Club of Australia) Ceremonies to online formats to This year Australia played host to coaches and Australian Sailing staff with State and Federal Government and Mrs Jean Wilmot OAM (Middle ensure that as many clubs and many World Championships over who have all worked so hard in the agencies and industry bodies to Harbour Club and Middle club members could engage with the summer as a part of ’s preparation for the Olympics. I want advocate for the support of our Harbour Yacht Club). to acknowledge the commitment the processes without breaching sailing clubs through this challenging Summer of Sailing. The Summer demonstrated by the team during physical distancing guidelines and period. We acknowledge that of Sailing featured 27 National I would like to thank our Patrons the crisis and to thank them for their border closures. I did have the membership underpins clubs both and World Championships with and acknowledge the partnership Ben Houston focus in preparation for the Tokyo opportunity to attend the Northern from a financial, participation and 3,800 sailors supported by over with Sport Australia, the Australian Chief Executive Officer Olympics in 2021. Territory Club Conference before community perspective and Club 1,400 volunteers. I would like Institute of Sport and our State Australian Sailing ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // A Message from Sport Australia // 9 8 A message The start of 2020 has been an extraordinarily sporting organisations, which know We continue to work with sports to tough time for Australians, including all of us we have all the skills and abilities to modernise traditional governance from the achieve success. structures in Australian sporting committed to sport. organisations and we continue to Chair of the I am proud too of the service our encourage environments that are organisation provides to Australian Australian The impact of bushfires and the COVID-19 inclusive, diverse, safe and welcoming, sport each year, on behalf of the making sport the benchmark for a Sports pandemic have been confronting for Australian Government. more equitable society. Commission communities, where we all know sport plays The ASC, through Sport Australia and This was to be the year of the 2020 John Wylie AM the AIS, delivers 25,000 grants a year. such an important role. Olympics and Paralympics in Tokyo. The AIS, funds and prepares Instead, it has been postponed to our Olympic, Paralympic and 2021, with the to be Commonwealth Games athletes to held from 23 July to 8 August 2021 At the Australian Sports Commission Last year the wonderful Ash Barty won represent us at the highest level in and the Paralympics from 24 August (ASC), comprising Sport Australia the French Open and became our international competition. to 5 September 2021. and the Australian Institute of Sport first female No1 tennis player since (AIS), our energy is focused on her idol, , In the past few years, we have We have already witnessed a supporting our partners through in 1976. Javelin-thrower Kelsey Lee- enhanced our support to athlete great deal of positivity from athletes these times as we continue to Barber set personal bests throughout wellbeing and engagement, a move who now need to re-set. I’m advocate the importance of sport to the year and took the title at the IAAF that is essential, especially in the confident, as a united sport system, our economy, productivity, health, World Championships in Doha. Dylan current environment. we will do the same. wellbeing and culture. Alcott added three more Grand Slam Sport Australia invests in sports quad wheelchair singles trophies We believe whole-heartedly participation programs, from our John Wylie AM to the cabinet and Sailing duo Matt that when we get through this national Sporting Schools program Chair Belcher and Will Ryan claimed the challenging period, sport will play a for younger children through to the Australian Sports Commission men’s 470 World Championship. In prominent role in lifting the nation’s Better Ageing program aimed at the pool, our swimmers won seven energy and spirits again. Australians aged 65 and over. gold medals at the FINA World Times such as these can also make Championships, placing Australia So many of these grants fuel us more appreciative of what we do fourth on the medal tally. aspirations. Our Local Sporting have and of the success we have Champions program supports 9,000 This year our inspiring women’s achieved. children a year to reach for their cricket team won a fifth World T20 sporting dreams. Success in sport is always hard title, drawing a record crowd of 86,174 fought. But it’s a fight Australian to the MCG. How fitting that this Our Women Leaders in Sport program high-performance sport welcomes as historical moment fell on International and the AIS Talent program provide it continues to achieve success. Women’s Day. These results are a opportunities for women to progress testament to the tenacity and passion their professional development in all of athletes, coaches, sports staff and roles across sport. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services 10 // 11 List of Carcoar Dam Sailing Club NSW Kogarah Bay Sailing Club NSW Port Macquarie Sailing Club NSW

Careel Cruising Yacht NSW Koonawarra Bay Sailing Club NSW Port Macquarie Yacht Club NSW affiliated clubs Association of Australia Chipping Norton Lake 2019 / 2020 NSW Kurnell Club NSW Port of Yamba Yacht Club NSW Sailing Club Port Stephens Sailing and Clarence River Sailing Club NSW Lake Jindabyne Sailing Club NSW NSW Aquatic Club

Clarence River Yacht Club NSW Lake Keepit Sailing Club NSW Port Stephens Yacht Club NSW

Coffs Harbour Yacht Club NSW Lake Macquarie Yacht Club NSW Queens Lake Sailing Club NSW

Concord & Ryde Sailing Club NSW Lane Cove 12ft Sailing Skiff Club NSW RAN Sailing Association NSW

Richmond River Sailing Canberra Ocean Racing Club ACT Connells Point Sailing Club NSW Manly Sailing Club NSW NSW & Rowing Club

Canberra Yacht Club ACT Corlette Point Sailing Association NSW Manly Yacht Club NSW RMYC Port Hacking NSW

Mannering Park Amateur Royal Motor Yacht Club Navy Sailing ACT Cronulla Sailing Club NSW NSW NSW Sailing Club Broken Bay

YMCA of Canberra Sailing Club ACT Cruising Yacht Club of Australia NSW Manning River Sailing Club NSW Royal Motor Yacht Club Toronto NSW

Sailability NSW Sailing Club NSW Dobroyd Aquatic Club NSW Middle Harbour 16ft Skiff Club NSW Royal Prince Alfred Yacht Club NSW

Middle Harbour Amateur Abbotsford 12ft Sailing Club NSW Double Bay Sailing Club NSW NSW Royal Prince Edward Yacht Club NSW Sailing Club

Allsail Sailing Club and School NSW Drummoyne Sailing Club NSW Middle Harbour Yacht Club NSW Royal Sydney Yacht Squadron NSW

South Lake Macquarie Amateur Army Sailing Club NSW Georges River Sailing Club NSW Narrabeen Lakes Sailing Club NSW NSW Sailing Club Newcastle & Hunter Trailer Australian 18 Footers League NSW Gosford Sailing Club NSW NSW Southern Highlands Sailing Club NSW Yacht Association Speers Point Amateur Australian Yacht Club NSW Great Lakes Sailing Club NSW Newcastle Cruising Yacht Club NSW NSW Sailing Club

Avalon Sailing Club NSW Greenwich Flying Squadron NSW Northbridge Sailing Club NSW Sussex Inlet & Basin Yacht Club NSW

Balmain Sailing Club NSW Greenwich Sailing Club NSW Nowra Community Sailing Club NSW Sydney Amateur Sailing Club NSW

Sydney Boys High School Balmoral Sailing Club NSW Griffith Sailing Club NSW Oak Flats Sailing Club NSW NSW Sailing Association

Batemans Bay Sailing Club NSW Hawkesbury River Yacht Club NSW Palm Beach Sailing Club NSW Sydney Flying Squadron NSW

Bayview Association NSW Hornsby Ku-ring-gai Sailing Club NSW Parramatta River Sailing Club NSW Tanilba Bay Sailing Club NSW

Belmont 16ft Sailing Club NSW Hunters Hill Sailing Club NSW Pete's Yacht Club NSW Taree Aquatic Club NSW

Big River Sailing Club NSW Illawarra Yacht Club NSW Port Hacking Open Sailing Club NSW Teralba Amateur Sailing Club NSW

Blues Point Yacht Club NSW Jervis Bay Cruising Yacht Club NSW Port Hunter 16ft Sailing Skiff Club NSW Toronto Amateur Sailing Club NSW Brunswick Heads Cruising NSW Yacht Association Jervis Bay Sailing Club NSW Port Kembla Sailing Club NSW Toukley Sailing Club NSW ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services 12 // 13 Tweed Valley Sailing Club NSW Darling Point Sailing Squadron QLD Sandgate Yacht Club QLD Goolwa Vintage Boat Club SA Deviot Sailing Club TAS Albert Sailing Club VIC

Dunalley and Marion Bay Twofold Bay Yacht Club NSW Hamilton Island Yacht Club QLD South Sailing Club QLD Henley Sailing Club SA TAS Albury-Wodonga Yacht Club VIC Sailing Club Hervey Bay Boat Club Urunga Training Club NSW QLD Southport Yacht Club QLD Lacepede Bay Sailing Club SA Geilston Bay Boat Club TAS Altona Yacht Club VIC Yacht Squadron Vaucluse Amateur 12ft NSW Hervey Bay Sailing Club QLD Sunshine Coast Yacht Club QLD Lake Bonney Yacht Club SA George Town Yacht Club TAS Anglesea Motor Yacht Club VIC Sailing Club The Brisbane 18 Footers Vaucluse Yacht Club NSW Humpybong Yacht Club QLD QLD Largs Bay Sailing Club SA Huon Yacht Club TAS Apollo Bay Sailing Club VIC Sailing Club

Vincentia Sailing Club NSW Keppel Bay Sailing Club QLD The Mooloolaba Yacht Club QLD Meningie Sailing Club SA Kettering Yacht Club TAS Ballarat Yacht Club VIC

The Southport School Barwon Heads Wagga Wagga Sailing Club NSW Lake Cootharaba Sailing Club QLD QLD Milang Regatta Club SA King Island Boat Club TAS VIC Sailing Club Sailing Association Lake Samsonvale Water The Club Wallagoot Lake Boat Club NSW QLD QLD Normanville Sailing Club SA Kingston Beach Sailing Club TAS Beaumaris Yacht Club VIC Sports Association of

Wallerawang Sailing Club NSW Lourdes Hill College Sailing Club QLD Tin Can Bay Yacht Club QLD Port Adelaide Sailing Club SA Lauderdale Yacht Club TAS Bendigo Yacht Club VIC

Wangi Amateur Sailing Club NSW Mackay Sailing Club QLD Tinaroo Sailing Club QLD Port Augusta Yacht Club SA Leven Yacht Club TAS Black Rock Yacht Club VIC

Wollongong Yacht Club NSW Maroochy Sailing Club QLD Townsville Sailing Club QLD Port Lincoln Yacht Club SA Lindisfarne Sailing Club TAS Blairgowrie Yacht Squadron VIC

Woollahra Sailing Club NSW Maryborough Sailing Club QLD Townsville Yacht Club QLD Port MacDonnell Sailing Club SA Mersey Yacht Club TAS Cairn Curran Sailing Club VIC

Carrum Sailing and Motor Yarra Bay 16ft Skiff Sailing Club NSW Mission Beach Sailing Club QLD Whitsunday Sailing Club QLD Port River Sailing Club SA Midway Point Yacht Club TAS VIC Boat Club

Darwin Sailing Club NT Moreton Bay Boat Club QLD Wynnum Manly Sailing Club QLD Port Vincent Sailing Club SA Montrose Bay Yacht Club TAS Chelsea Yacht Club VIC

Dinah Beach Cruising NT Moreton Bay Trailer Boat Club QLD Yorkeys Knob Boating Club QLD Rivoli Bay Sailing Club SA Port Cygnet Sailing Club TAS Colac Yacht Club VIC Yacht Association

Gove Boat Club NT Yacht Club Queensland QLD Adelaide Sailing Club SA Robe Yacht Club SA Port Dalrymple Yacht Club TAS Cowes Yacht Club VIC

Abell Point Yacht Club QLD Newport Cruising Yacht Club QLD Arno Bay Yacht Club SA Royal Port Pirie Yacht Club SA Port Esperance Sailing Club TAS Davey's Bay Yacht Club VIC

Royal South Australian Derrinallum Yacht Bribie Island Sailing Club QLD Noosa Yacht & Rowing Club QLD Brighton & Seacliff Yacht Club SA SA Royal Yacht Club of TAS VIC Yacht Squadron and Power Boat Club North Queensland Cruising Brisbane Sailing Squadron QLD QLD Ceduna Sailing Club SA Somerton Yacht Club SA Sailability Tasmania TAS Docklands Yacht Club VIC Yacht Club

Brisbane Valley sailing club QLD Oxley Sailing Club QLD Christies Sailing Club SA Tumby Bay Yacht Club SA Sandy Bay Sailing Club TAS Elwood Sailing Club VIC

Bundaberg Sailing Club QLD Paradise Point Sailing Club QLD Clayton Bay Boat Club SA Victor Harbor Yacht Club SA Spring Bay Boat Club TAS Flinders Yacht Club VIC

Cairns Cruising Yacht Squadron QLD Port Curtis Sailing Club QLD Coffin Bay Yacht Club SA Wallaroo Sailing Club SA St Helens Sailing Squadron TAS Frankston Yacht Club VIC

Cruising Yacht Club Cairns Yacht Club QLD Port Denison Sailing Club QLD SA Whyalla Yacht Club SA Tamar Yacht Club TAS Geelong Trailable Yacht Club VIC of

Capricornia Cruising Yacht Club QLD Port Douglas Yacht Club QLD Garden Island Yacht Club SA Bellerive Yacht Club TAS Wynyard Yacht Club TAS Gippsland Lakes Yacht Club VIC

Cleveland Yacht Club QLD Queensland Cruising Yacht Club QLD Goolwa Aquatic Club SA Burnie Yacht Club TAS Beaumaris Motor Yacht Squadron VIC Hampton Sailing Club VIC

Cruising Yacht Club of Royal Queensland QLD QLD Goolwa Regatta Yacht Club SA Derwent Sailing Squadron TAS Albert Park Yacht Club VIC Hartley TS 18/21 Yacht Club VIC Hamilton Island Yacht Squadron ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services 14 // 15 Hastings Yacht Club VIC Port Albert Yacht Club VIC Warneet Motor Yacht Club VIC Nedlands Yacht Club WA

Hobsons Bay Yacht Club VIC Port Fairy Yacht Club VIC Warrnambool Yacht Club VIC Ocean Reef Sea Sports Club WA

Indented Head Yacht Club VIC Port Yacht Club VIC Westernport Yacht Club VIC Sailing Club WA

Inverloch Windsurfing Club VIC Portarlington Sailing Club VIC Williamstown Sailing Club VIC Perth Flying Squadron Yacht Club WA

Lake Boga Yacht Club VIC Portland Yacht Club VIC Wyndham Yacht Club VIC Port Bouvard Yacht Club WA

Lake Wellington Yacht Club VIC Queenscliff Cruising Yacht Club VIC Xavier Sailing Club VIC Port Hedland Yacht Club WA

Lakeside Sailing Club - Pakenham VIC Queenscliff Lonsdale Yacht Club VIC Yarrawonga Yacht Club VIC Port Walcott Yacht Club WA

Latrobe Valley Yacht Club VIC Ranelagh Yacht Squadron VIC Augusta Yacht Club WA Princess Royal Sailing Club WA

Lilydale Community Sailing Club VIC Rhyll Yacht Club VIC Broome Sailing Club WA Royal Freshwater Bay Yacht Club WA

Loch Sport Boat Club VIC Rosebud Yacht Club VIC Carnarvon Yacht Club WA WA

Lysterfield Sailing Club VIC Royal Brighton Yacht Club VIC Claremont Yacht Club WA Safety Bay Yacht Club WA

Martha Cove Yacht Squadron VIC Royal Geelong Yacht Club VIC Dunsborough Bay Yacht Club WA Shelley Sailing Club WA

McCrae Yacht Club VIC Royal Melbourne Yacht Squadron VIC East Yacht Club WA South of Perth Yacht Club WA

Melbourne Trailable Yacht Club VIC Royal Yacht Club of Victoria VIC Esperance Bay Yacht Club WA Sun City Yacht Club WA

The Cruising Yacht Club Merricks Yacht Club VIC Rye Yacht Club VIC Exmouth Yacht Club WA WA of

Metung Yacht Club VIC Safety Beach Sailing Club VIC Fremantle Cruising Yacht Club WA Walpole Yacht Club WA

Mordialloc Motor Yacht Club VIC Sandringham Yacht Club VIC Fremantle Sailing Club WA

Mordialloc Sailing Club VIC Shepparton Sailability VIC Geographe Bay Yacht Club WA

Mornington Yacht Club VIC Somers Yacht Club VIC Geraldton Yacht Club WA

Hampton Harbour Boat Mount Martha Yacht Club VIC Sorrento Sailing Couta Boat Club VIC WA & Sailing Club

Multihull Yacht Club of Victoria VIC South Gippsland Yacht Club VIC Hillarys Yacht Club WA

St Leonards Yacht Club Newhaven Yacht Squadron VIC VIC Jervoise Bay Sailing Club WA & Motor Squadron

North East Windsport Club VIC Stawell Yacht Club VIC Koombana Bay Sailing Club WA

Mandurah Offshore Fishing Ocean Racing Club of Victoria VIC Sugarloaf Sailing Club VIC WA & Sailing Club

Parkdale Yacht Club VIC Torquay Sailing Club VIC Maylands Yacht Club WA

Point Leo Boat Club VIC Victorian Blokart Club VIC Mounts Bay Sailing Club WA ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services 16 // 17 Discover EastSail NSW Woollahra Sailing Club NSW Whitsunday Sailing Club QLD Bendigo Yacht Club VIC Sandringham Yacht Club VIC

Sailing Flying Fish Australia NSW Darwin Sailing Club NT Yorkeys Knob Boating Club QLD Black Rock Yacht Club VIC Somers Yacht Club VIC

Centres Georges River Sailing Club NSW Gove Boat Club NT Adelaide Sailing Club SA Blairgowrie Yacht Squadron VIC Sorrento Sailing Couta Boat Club VIC

Gosford Sailing Club NSW Brisbane Sailing Squadron QLD Brighton & Seacliff Yacht Club SA Chelsea Yacht Club VIC The Boatshed VIC

Hunters Hill Sailing Club NSW Cairns Cruising Yacht Squadron QLD Christies Sailing Club SA Cowes Yacht Club VIC Westernport Yacht Club VIC

Cruising Yacht Club Kogarah Bay Sailing Club NSW Cairns Yacht Club QLD SA Elwood Sailing Club VIC Williamstown Sailing Club VIC of South Australia

Lake Jindabyne Sailing Club NSW Capricornia Cruising Yacht Club QLD Goolwa Regatta Yacht Club SA Frankston Yacht Club VIC Claremont Yacht Club WA

Cruising Yacht Club Lake Keepit Sailing Club NSW QLD Henley Sailing Club SA Gippsland Lakes Yacht Club VIC East Fremantle Yacht Club WA of Hamilton Island

Lane Cove 12ft Sailing Skiff Club NSW Darling Point Sailing Squadron QLD Largs Bay Sailing Club SA Hobsons Bay Yacht Club VIC Esperance Bay Yacht Club WA

Manly Sailing NSW Humpybong Yacht Club QLD Port Augusta Aquatic Centre SA Loch Sport Boat Club VIC Fremantle Sailing Club WA

Royal South Australian Middle Harbour Yacht Club NSW Keppel Bay Sailing Club QLD SA Lysterfield Sailing Club VIC Geographe Bay Yacht Club WA Yacht Squadron MyHarbour Powerboat NSW Lake Cootharaba Sailing Club QLD Victor Harbor Yacht Club SA McCrae Yacht Club VIC Geraldton Yacht Club WA Canberra Yacht Club ACT Training Centre

Navy Sailing ACT Newcastle Cruising Yacht Club NSW Maroochy Sailing Club QLD Australian Navy Cadets TAS MLC Marshmead VIC Hillarys Yacht Club WA

Scouts ACT Sailing Club ACT Pacific Sailing School NSW Mission Beach Sailing Club QLD Bellerive Yacht Club TAS Mordialloc Motor Yacht Club VIC Jervoise Bay Sailing Club WA

YMCA of Canberra Sailing Club ACT Port Hacking Open Sailing Club NSW Oxley Sailing Club QLD Derwent Sailing Squadron TAS Mordialloc Sailing Club VIC Koombana Bay Sailing Club WA

Port Stephens Sailing NSW Port Curtis Sailing Club QLD Mersey Yacht Club TAS Mornington Yacht Club VIC Mounts Bay Sailing Club WA Above and Beyond Boating NSW and Aquatic Club

Allsail Sailing Club NSW Port Stephens Sailing School NSW Port Denison Yacht Club QLD Port Dalrymple Yacht Club TAS Mount Martha Yacht Club VIC Nedlands Yacht Club WA

Balmoral Windsurfing, Sailing NSW Rippers Watersports Academy NSW Port Douglas Yacht Club QLD Royal Yacht Club of Tasmania TAS Port Melbourne Yacht Club VIC Perth Flying Squadron Yacht Club WA & Kayak School

Bayview Yacht Racing Association NSW Royal Prince Alfred Yacht Club NSW Queensland Cruising Yacht Club QLD Sandy Bay Sailing Club TAS Portarlington Sailing Club VIC Princess Royal Sailing Club WA

Royal Queensland Royal Sydney Yacht Squadron NSW QLD Wynyard Yacht Club TAS Ranelagh Yacht Squadron VIC Rockingham Senior High School WA Belmont 16ft Sailing Club NSW Yacht Squadron Sailability NSW Dobroyd NSW Southport Yacht Club QLD Albert Park Yacht Club VIC Royal Brighton Yacht Club VIC Royal Freshwater Bay Yacht Club WA Concord & Ryde Sailing Club NSW Branch Discover Sailing Centre Surf Connect Wind Sailability Toronto NSW QLD Albert Sailing Club VIC Royal Geelong Yacht Club VIC Royal Perth Yacht Club WA Connells Point Sailing Club NSW & Kitesurfing School

Cranbrook School NSW Sailurunga NSW The Mooloolaba Yacht Club QLD Albury-Wodonga Yacht Club VIC Royal Melbourne Yacht Squadron VIC South of Perth Yacht Club WA

Cronulla Sailing Club NSW Teralba Amateur Sailing Club NSW Tinaroo Sailing Club QLD Altona Yacht Club VIC Royal Yacht Club of Victoria VIC Sun City Yacht Club WA

Dobroyd Aquatic Club NSW Urunga Sail Training Club NSW Townsville Sailing Club QLD Ballarat Yacht Club VIC Rye Yacht Club VIC The Cruising Yacht Club of WA WA

Vaucluse Amateur 12ft NSW Townsville Yacht Club QLD Beaumaris Yacht Club VIC Safety Beach Sailing Club VIC Westlakes Aquatic Centre WA Drummoyne Sailing Club NSW Sailing Club ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services 18 // 19 2019-20 Adams 10 Meter Yacht Association Australian Weta Class Association Kiteboarding Australia

Affiliated Class Australian 16ft Skiff Association Australian Windsurfing Association Sailing Association

Careel Cruising Yacht Association Associations Australian 18 Footers League MG14 Association of NSW of Australia Multihull Yacht Association Australian 420 Class Association Classic Yacht Association of Australia of South Australia

Australian 9er Association Couta Boat Association Nacra Association of Australia

Australian Arrow & Cruising Yacht Association, National 125 Association of Australia Arafura Catamaran Association Northern Territory

Australian Blokart Association Australia National E Sailing Associaation

Australian Association of Australia National Sailing Association Catamaran Association National Mosquito Catamaran Council Australian FQ32 Class Association International of Australia

Australian Hansa Class Association Hartley TS16 Association of Australia National Sailing League

Australian Historical Sailing International 2.4 Metre Class NS14 Association of Australia Skiff Association Association of Australia International 470 Class Association Australian Association NSW Sailing Association of Australia Australian International A Division International 5.5 Metre Association Old Gaffers Association of WA Catamaran Association of Australia Australian International International 505 Yacht Racing Association Australia Association of Australia Australian International International Association of Australia Sailing Association Dinghy Association Australian International International Class of Australia RL24 Owners Association of Australia Association International Association Australian Class Association RS Aero Class Association Australia of Australia International Class Association Australian Minnow Association RS Sailing Association Australia of Australia

Australian Class International Association of Australia Sailing Assoc of Australia

International Association Australian National Council SB20 Australia of Australia International Class Australian O'pen Skiff Association Skate Sailing Association of WA Association Australian Paper Tiger International Fourteen Sailing Council Class Association of Australia Catamaran Association of Australia International Class Association Australian Radio Yachting Association SuperFoiler of Australia International Class Association Australian Sailing Association Trailer Sailer Association of South Australia of Australia

Australian Sports Boat Association International OK Association of Australia VX One Australia

Australian Council J70 Australia Class Association Waszp Sailing Association Of Australia ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services

20 // 21 Strategic Our Goals › Achieve financial security by Australian generating modest operating Build Sailing’s Profile plan update surpluses from activities to Sailing Targets › Develop and implement an reinvest in the sport and improve Ambassador program for sailing our cash reserves › Build the profile of a wide range of 300,000 sailors across our community - e.g. Maintaining High Performance participants Everyday Sailing Heroes Program › Showcase our performance › Market Australian Sailing programs capabilities in skills, systems and (e.g. Safety & Sea Survival Course) technology through the Australian through industry channels, cruising Sailing Team Our Vision networks etc. For sailing to be an iconic › Enhance the performance pathway Australian endeavour that is › Build a sailing community fund to for all (athletes, coaches and welcoming, sociable and exciting. underpin expansion of marketing sports professionals) to ensure excellence in our programs 100,000 Our Purpose Growing Participation › Clarify and communicate the club members Through our clubs and volunteers, Fatalities0 or › Expand sharing of innovations different performance pathways we will grow, advance and advocate major incidents and successes between clubs/ in our sport - Olympic, Class World for sailing as a sport and recreational programs nationally Championships, VOLVO Ocean activity. › Leverage current membership base Race, Americas Cup, etc. We (the sailing community) strive to to help recruit new participants deliver dynamic, time efficient and › Develop new programs that address Enhancing our People, Structure exciting activities. the needs of the current recreational and Culture › Develop strong and positive females > 40,000 We are committed to leveraging user that are accessible, quick, safe, relationships, clear roles and technology to ensure sailing is flexible, and social purpose throughout the sailing a contemporary, inclusive and › Expand communication channels community competitive sport that engages many to support easy participation e.g. students > 20,000 Australians. Day Pass › Develop and deliver quality training and education programs › Grow initiatives to increase female Our Targets for instructors, coaches, volunteers participation in the sport By focusing on our purpose, we and race officials will achieve 4% growth per year › Grow our human resources and (300,000 participants by 2020), Ensuring Sailing’s Sustainability develop them to ensure that increase to 35,000 the number of › Expand our revenue streams good people are working in the regular competitive sailors, 100,000 through new sponsors and partners appropriate roles registered club members per annum › Seek and obtain additional grants (up from 80,000) through increased for initiatives and programs that diversity of age and gender as near- grow the sport especially in areas 200Discover Sailing Centres term priorities. of inclusion ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services

Headline results 22 // 23 Club Satisfaction 100% 80% Survey

60%

The purpose of 40% this survey is to 20% seek direct insights 0% from clubs, as well 2017 2018 2019 2020 as what services Satisfaction Engagement they value from Club satisfaction Australian Sailing. 50% This is then used 40%

to help inform the 30%

development of the 20%

next strategic plan. 10%

0% The survey has been designed to: Very satisfied Satisfied Neutral Dissatisfied Very dissatisfied

2017 2018 2019 2020 › Measure level of satisfaction and engagement of clubs with the Club engagement services currently provided by 60% Australian Sailing

› Understand the key challenges 50% facing clubs 40% › Gather feedback for improvements in services we provide to clubs 30% › Receive input from clubs on the 20% development of the Australian

Sailing strategic plan 10%

0% Highly Appropriately Neutral Somewhat Not engaged engaged engaged engaged

2017 2018 2019 2020 ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services

24 // 25 Club Satisfaction - by state Club Engagement - by state Satisfaction 100% Engagement 100%

By state 80% 80%

60% 60%

40% 40%

20% 20%

0% 0% ACT NSW NT QLD SA TAS VIC WA TOTAL ACT NSW NT QLD SA TAS VIC WA TOTAL

Satisfaction Engagement

67.1% Satisfaction - by state 60.2% Engagement - by state 2018 100% 2018 100%

90% 90%

80% 80%

66.6% 70% 57.0% 70% 2019 2019 60% 60%

50% 50% 69.6% 40% 64.0% 40% 2020 30% 2020 30%

20% 20%

10% 10%

0% 0% ACT NSW NT QLD SA TAS VIC WA TOTAL ACT NSW NT QLD SA TAS VIC WA TOTAL

2017 2018 2019 2020 2017 2018 2019 2020 ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services

26 // 27 Club The annual club conferences are Conferences important events on the Australian Sailing calendar. The conferences bring together clubs from across each state and are a great way to engage with other clubs and Australian Sailing.

They are an opportunity to hear from industry experts and learn from peer clubs sharing success stories and best practice ideas that can help develop skills, capacity and further strengthen clubs.

Every year the Australian Sailing Club Conferences bring together clubs from across each state and are a great way to engage with other clubs and Australian Sailing. This year a national agenda was delivered online across a nine-week series focused on participation and retention.

The conferences were joined by industry experts and club representatives who shared their club success stories and best practice ideas. Together with Australian Sailing staff, the presentations were designed to help clubs develop skills, capacity and further improve their offerings to members.

Northern Territory Club Conference, Darwin Sailing Club ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services

Adelaide Sailing Club 28 // 29 Members: 122,461 total club members

70,838 3,017 Active Club Members SailPass holders

Club The membership numbers for 2019-20 are Membership again impressive, however we are continually working with clubs to ensure the data within their portal remains accurate. 48,606 uncategorised*

The revolutioniseSPORT (revSPORT) In the upcoming year, a focus will membership platform continues be to ensure each club has current to enable us to assist clubs in data within the system and where managing their membership. appropriate ensure the platform is being used to its full potential.

*Members who have not been categorised in a Club’s revSPORT portal. These members could be active club members, SailPass holders or actually be members who have not renewed from a previous year. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Club Services

30 // 31 revolutionise We continue to see increased utilisation SPORT – across the membership system with Our Platform more clubs, classes and centres taking on Partner websites, moving to online payments and adopting SailPass.

As we all adapted to COVID-19 many We have also experienced an clubs have been looking for new increase in the popularity of offerings in the membership space, the website functionality which which has seen clubs utilising the provides a home for all the system to administer payment plans revolutioniseSPORT (revSPORT) and discounts for their members. system tools and makes them readily available to club members and The development of SailPass has administrators to utilise. Currently we seen the total number of clubs have 106 clubs and classes using the offering SailPass increase to 96. full website functionality. It will be an exciting 2020-21 as we look to upgrade the SailPass A core focus of what we do is functionality to better assist club to provide support to our clubs/ administration of the program. classes and centres in the use of the revSPORT system. In 2019-20 With more experience in the system Australian Sailing and revSPORT we have been able to deliver collectively responded to over 5,000 multiple enhancements to assist support requests ranging from our clubs, classes and centres, the updating member details, updating largest of which is the development qualifications, season rollovers and of our third-party integration API. general troubleshooting. As we rollout the API to system users, this will enable clubs using In partnership with our system Total support queries a third-party system to integrate provider revSPORT, we are looking their data seamlessly, providing forward to where we can take the Australian Sailing with accurate data system to better service our key 2,864 and relieving clubs of additional stakeholders in the year ahead. Australian Sailing administration. 2,199 revSPORT ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Programs & Participation

State Participation Comparisons Participation Program Comparisons 32 // 33 Programs Thanks to Sport Australia’s Move It Participation grant, Australian Sailing 18-19 19-20 % change 18-19 19-20 % change rolled out a new participation program ACT 1,111 688 -38% Dinghy Experience 1,367 764 -44% NSW 3,728 4,075 9% Dinghy Full Course 4,192 2,209 -47% across the country. NT 211 95 -55% Dinghy Total 5,559 2,973 -47% QLD 2,515 1,873 -26% SA 373 269 -28% Keelboat Experience 2,327 694 -70% OutThere Sailing is a sailing program that were distributed as part of the numbers generally happens, could TAS 479 469 -2% Keelboat Full Course 1,650 1,036 -37% aimed at the teenager market, that pilot program. Pleasingly, female not occur. Trends were showing that VIC 8,155 7,948 -3% Keelboat Total 3,977 1,730 -56% utilises the facilities and equipment participation in the program was at we would have again increased our WA 2,348 3,072 31% the club currently has to deliver an 43%, which is higher than some of figures from the previous year if it Total 18,920 18,489 -2% OutThere Sailing 366 1,974 439% engaging, varied program that is as the other participation programs. wasn’t for the pandemic. Experience much about social interaction, as it is Even with COVID-19, we were almost OutThere Sailing 144 1,602 1013% about sailing. As part of the program, able to achieve the goal of 4000 Programs participants can try Stand Up Paddle participants, only falling slightly short OutThere Sailing Total 510 3,576 601% Boarding, Powerboating, Windsurfing at 3,576 participants. and sailing either in or As expected, other accredited Supported by: Powerboat Total 1,495 1,117 -25% keelboats. Discover Sailing and Safety & Sea 19-20 Total participants Feedback from the 65 Clubs Survival courses were impacted by Windsurfing Experience 33 23 -30% who adopted the program was COVID-19. Unfortunately, the last four Windsurfing Full Course 92 90 -2% that they were appreciative of months were impacted specifically Windsurfing Total 125 113 -10% the resource manual, marketing and this meant the Easter Holidays 1,978 1,117 collateral and brand guidelines where the last push for participant Discover Sailing Day Powerboat Tackers Intro 3,379 1,988 -41% Tackers Full Course 5,618 4,258 -24% OUT THERE SAILING AGE AND GENDER DEMOGRAPHICS 6,246 113 Tackers Total 8,997 6,246 -31% Tackers Windsurfing 437 Safety & Sea Survival 1028 780 -24% 410

350 359 341 332 Experiences/Intros 7,106 7,421 4% 305 2,973 780 Dinghy Safety & Sea Survival Full Courses 14,075 11,094 -21%

178 180 152 132 Total 21,181 18,515 -13% 91 79 1,730 58 45 36 Keelboat 15 23 20 1 3 7 10 13

19yrs 18yrs 17yrs 16yrs 15yrs 14yrs 13yrs 12yrs 11yrs 10yrs 9yrs 8 & under MALE 57% FEMALE 43% ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Programs & Participation 34 // 35

Workforce Part of Australian Sailing’s service to Instructors Dinghy Keelboat Powerboat Windsurfing Safety & Sea Survival Development clubs is administering and facilitating New accreditations 320 58 29 37 0 training courses to develop key personnel: Reaccreditations 56 7 14 5 2 Instructors, Coaches and Officials. Coaches Sailing Coach

New accreditations 52 Throughout the year more than Building the workforce for the sport Reaccreditations 3 400 new instructors across the helps to provide good experiences range of programs have gained a for participants, whether they are qualification and over 80 instructors new to the sport via a learn to sail Officials Judge Race Officer Umpire Equipment Auditor Measurer have extended their qualification course or joining the performance through reaccreditation courses. pathway as an athlete, being trained New accreditations 32 376 3 71 6 Furthermore, we have trained more by a quality coach and racing under Reaccreditations 18 132 1 6 4 than 50 new Sailing Coaches and quality officials. almost 500 new Race Officials – many of which took the opportunity to gain training via webinar, as we adapted the delivery model due to COVID-19. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Programs & Participation

36 // 37 Instructor Australian Sailing conducted seven Conferences Instructor Conferences across WA, SA, VIC and NSW with 250 attendees.

74%male 26% female

Each year, the Australian Sailing Chief and Deputy Chief Instructors for our participation programs (Dinghy, Keelboat, Powerboat and Windsurfing) develop a range of practical sessions to share with accredited Instructors as part of the Regional Instructor Conferences. Regional Managers then coordinate a range of local Senior Instructors to help facilitate the sessions, providing a professional development opportunity for Instructors.

The majority of participants attended for professional development reasons and topics that were covered included: 15% › Introducing new Keelboat Spinnaker Resources Powerboat Program › Approaching a Man Over Board (MOB) Keelboat Program › Righting a capsized vessel 18% Dinghy Program › Showcasing new initial on-water sessions for the Dinghy and Tackers programs. 67%

Presentations/workshops also included:

› ‘Sailing Oh the places you’ll go’ › Safeguarding Children in Sailing › Managing Conflict

*Unfortunately, some Instructor conferences had to be cancelled due to COVID-19 and therefore overall participant numbers were down from the previous year. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Safety

38 // 39 Safety & Our accredited Safety & Sea Survival Centres Sea Survival are responsible for delivering the Safety & Centres Sea Survival course, with more than 750 participants attending that course this year.

Accredited Safety & Sea Survival Instructors present the course, which include practical liferaft activities, flare drills, and a range of relevant theoretical topics relating to safety at sea.

Safety & Sea Survival Centre State

7 Seas Academy NSW

Above and Beyond Boating NSW

Flying Fish Australia NSW

Marine Safety Works NSW

Master Class NSW

Pacific Sailing School NSW

Tasman Adventures NSW

Darwin Sailing Club NT

Mainstay Sailing QLD

Cruising Yacht Club of South Australia SA

Bellerive Yacht Club TAS

Derwent Sailing Squadron TAS

Royal Yacht Club of Tasmania TAS

Ocean Racing Club of Victoria VIC

Yachtmaster Sailing School VIC

Fremantle Sailing Club WA ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Safety

40 // 41 Safety, Australian Sailing made important Rules and changes this year reinvesting in operations Representation that provide services and develop policy around safety, the rules and how Australia is represented internationally.

This reinvestment has provided The reinvestment enabled Australian greater support behind the Sailing to make a difference in safety volunteers who support Australian and rules most visibly evidenced by Sailing in these areas. We are proud the initiation of the Safety and Rules to have these people helping us. in Focus email newsletters. The newsletters delivered information to We would like to particularly officials and key people in clubs and recognise Jenni Maclean classes who have an interest in the chairperson of the National Safety subject matter by virtue of the role Committee, John Easton chairperson they play. The content is well read of the National Equipment Auditor’s and is the outcome of the less visible Sub-Committee, Peter Merritt projects, services and other work chairperson of the National Racing conducted by staff and committees. Rules and Officials Committee, John Standley chairperson of the Rules The efforts made by the volunteers Specialist Group, Daniel Belcher representing internationally are Secretary General for the Oceania made for the betterment of sailing Sailing Federation and Sarah generally. Our contribution to World Kenny representative for Group L Sailing varies from governance and (Oceania) on ’s Council policy development through to rule and chairperson of their Events and regulatory frameworks. Australia Committee. There are teams of has a positive impact in these forums volunteers who are involved working which in turn enables excellent with these leadership figures and we relationships with other sailing thank them for their service this year. nations and bodies internationally. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Awards

42 // 43 Awards The 2019 Australian Sailing Awards and Hall of Fame Inductions were hosted at the Sofitel Sydney Darling Harbour on Friday 18 October 2019.

Australian Sailing Team veterans Club of the Year Mat Belcher OAM and Will Ryan Newcastle Cruising Yacht Club took out the Male Sailor of the Year Male Sailor of the Year Award after a year in which they Mat Belcher OAM and Will Ryan were World Sailing’s number one Female Sailor of the Year ranked Men’s 470 team throughout Nia Jerwood and Monique de Vries the entire nomination period. Sailor of the Year with a Disability The pair dominated the class Chris Symonds internationally, winning the 470 World Youth Sailor of the Year Championships, Ready Steady Tokyo Will Cooley and Bec Hancock Olympic Test Event and the World Cup Offshore Sailor of the Year Series events in as well as the Matt Allen AM World Cup Series Final in Marseilles. Sport Promotion Award Ocean Racing Club of Victoria For Fremantle Sailing Club’s Nia Sports Professional Award Jerwood and Monique de Vries, Debbie Blaauw the previous 12 months had been President’s Award their best to date as they qualified Sarah Kenny and Tom Burton OAM Australia for a place at the 2020 Sustainability Award Olympic Games in the Women’s 470 Ocean Racing Club of Victoria class. The young team finished in SheSails Award 9th place overall at the 470 World Jan Howard and Mary Holley Championships and backed this up at Volunteer Award the World Cup Series event in Japan Peter Merritt with an impressive second place. Official of the Year The full list of winners of the 2019 Richard Slater Australian Sailing Awards included: Coach of the Year Michael Blackburn Instructor of the Year Brett Yardley

Images courtesy of Gregg Porteous ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Awards

44 // 45 Australian The Australian Sailing Hall of Fame (ASHoF) Sailing Hall was established in 2017 in conjunction with of Fame the Australian National Maritime Museum to recognise the greats of the sport, those who have achieved at the highest level and contributed to make sailing what it is today. The Australian Sailing Hall of Fame showcases the inductees, their achievements and impact.

The 2019 inductees to the Mark Foy Trygve and Magnus Halvorsen Australian Sailing Hall of Fame Mark Foy’s legacy by any measure Trygve and Magnus Halvorsen are were: makes him one of the most among the most successful ocean significant historical figures in our racers ever to have sailed out of Adrienne Cahalan OAM sport. He changed the landscape Australia. The brothers were true Adrienne Cahalan, OAM, is world- of sailing with the creation of the pioneers of what was to become renowned for her extensive Sydney Flying Squadron and their modern day boat design, with their and successful career as a colourful 18-foot skiffs in 1920’s boats achieving great success champion sailor and navigator. Her Sydney. In 1898 he took his 22-foot particularly in the Sydney Hobart unparalleled sailing experience boat Irex to compete in England, Yacht Race with five overall wins (1954 includes 18-foot skiffs, a record of a groundbreaking event as it Solveig, 1957 Anitra V, 1963,64 and 65 27 Sydney to Hobart yacht races began our nation’s proud history of Freya) and five second place finishes. by a woman, circumnavigations, international sailing competition. Whitbread and Volvo round the For a full list of inductees and world races, five multihull world Greg Hyde more details on the Australian speed sailing records - including the Greg Hyde is one of the most Sailing Hall of Fame, please visit 24 hour record and the Round the accomplished all-round sailors www.sailinghalloffame.org.au World Record with Steve Fossett on Australia has ever seen. He has set the catamaran Cheyenne. records that may never be matched, having taken out titles across , Dinghy, Windsurfer and Skiff classes as well as a Sydney Hobart before being cut down by a rare illness that saw him transition to an Access Class champion.

Mark Foy ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

46 // 47 Australian On the eve of the traditional 2020 Partners who will help provide the Olympics, which include the iQFoil next generation of Olympic sailing as the new windsurfer equipment Sailing Team European summer sailing season the stars across existing and new and Mixed Foil racing, as well as Australian Sailing Team was well positioned classes. We have committed to supporting a non-traditional Olympic providing a pathway for athletes in campaign approach with the Double as we moved into final preparations for the the new classes for the Paris 2024 Handed Mixed Offshore. Tokyo 2020 Olympic Games.

The Australian Sailing Team notable performances over 2019-20 were:

Prior to the impacts of the pandemic, The selection process for the the team had positioned themselves remaining classes (Women’s 470 Will & Sam Phillips Mara Stransksy Jason Waterhouse & Lisa Darmanin as one of the leading sailing nations. and Finn) were not completed due to › 7th › 2020 49er Oceania › 5th › Under 21 Laser Radial World › 4th › Ready, Steady, Tokyo On top of World Championship the cancellation of their respective Championships Championships Olympic Test Event medals, there were breakthrough 2020 World Championship events. › 5th › 2020 49er World › 4th › Australian Laser Radial › 6th › Hempel World Cup Series – performances from Nia Jerwood and Selection for these classes will be Championships Championships Round 1, Enoshima Monique de Vries in the Women’s 470 completed when more clarity around › 9th › Sail Melbourne › 3rd › 2019 Nacra 17 World Men’s 470 (2nd at the World Cup Series event international travel and regatta Championships Mat Belcher & Will Ryan Laser in Enoshima) and Mara Stransky in availability is provided. › 3rd › 2020 Nacra 17 World The previous twelve months had › 1st › Matt Wearn the Laser Radial (5th at the Under 21 Championships secured two Gold (Tom Burton OAM The team was led by Iain Murray AM › 1st › Ready, Steady, Tokyo › 2nd › 2019 Men’s Laser Radial World Championships). › 1st › Trofeo Princess Sofia in the Laser and Mat Belcher OAM as High Performance Director and Olympic Test Event World Championships and Will Ryan in the Men’s 470), three Those performances led to Australia the highly qualified team of coaches › 1st › Hempel World Cup Series – › 4th › Ready, Steady, Tokyo Nacra 17 silvers (Nathan and Haylee Outteridge qualifying in eight classes for the and support staff at the National Round 1, Enoshima Olympic Test Event & Haylee in the Nacra 17 and Matt Wearn at Tokyo Olympics. Prior to the impact of Training Centre at Middle Harbour › 3rd › Hempel World Cup Series – › 2nd › Hempel World Cup Series – Outteridge the 2019 and 2020 Laser World regatta cancellations on our selection Yacht Club. We congratulate Laser Round 2, Miami Round 1, Enoshima › 2nd › World Championships Championships) and two bronze of the athletes for those classes, we Head Coach Michael Blackburn who › 1st › Australian Laser › 4th › Hempel World Cup Series – Women’s 470 medals (Jason Waterhouse and Lisa were able to announce the following was recognised as Coach of the Year Championships Round 1, Enoshima Nia Jerwood & Monique De Vries Darmanin in the 2019 and 2020 Nacra selections for Tokyo 2020: at the 2019 Australian Institute of › 2nd › Sail Melbourne › 2nd › 2020 Nacra 17 World › 9th › 470 World Championships 17 World Championships) in Olympic Sport Awards, as well as Mat Belcher Championships › Men’s 470 – Mat Belcher › 3rd › Hempel World Cup Series – › 2nd › 2020 Laser Standard Men’s class World Championships. and Will Ryan who won the Team of and Will Ryan Round 1, Enoshima World Championships Finn the Year award. Jake Lilley With the announcement of the › Laser – Matt Wearn Tom Burton › 9th › Hempel World Cup Series – postponement of the Games due We strengthened our focus and › Nacra 17 – Jason Waterhouse › 1st › 2019 Laser Standard Men’s to the impacts of the COVID-19 Round 1, Enoshima and Lisa Darmanin resources in athlete pathway World Championships › 5th ›  pandemic, our coaches and athletes development over the year, which › 2nd › Ready, Steady, Tokyo › 49er – Will and Sam Phillips › 1st › Sail Melbourne immediately turned to refocusing included the appointment of Melissa Olympic Test Event and planning our preparations for › 49erFX – Tess Lloyd Wilson as High Performance Network › 4th › Hempel World Cup Series – what will be an entirely unique and Jaime Ryan Lead. Melissa will focus on the Round 1, Enoshima Olympics. › Laser Radial – Mara Stransky relationships with our State Institute ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

The 2019-2020 Australian Sailing Team is:

48 // 49 Australian Youth Team Australia competed at the Hempel Australian Sailing Youth Team OAM QLD Youth Sailing World Championship medallists at 2019 Hempel Youth Tom Burton OAM NSW in Gdynia, from 13 to 20 July Sailing World Championships Lisa Darmanin NSW 2019. The team placed 6th in the included: Monique de Vries WA Nations Trophy for the overall best Nia Jerwood WA country and came home with three

Jake Lilley QLD medals, continuing the Australia’s Will Cooley & Bec Hancock strong record of success at the 1st Haylee Outteridge NSW regatta. The Australian Sailing Youth Nathan Outteridge OAM NSW Team plays a critical role in the Laser Radial Sam Phillips VIC development of athletes from the Zac Littlewood Will Phillips VIC youth classes to the AST. 2nd Will Ryan NSW Mara Stransky QLD Archie Cropley & Max Paul Jason Waterhouse NSW 3rd Matt Wearn WA

Australian Sailing Squad The Australian Sailing Squad operates within the AST and is the pathway to support emerging athletes. ASS athletes competed throughout the year with some strong results.

49erFX 49er Tess Lloyd and Jaime Ryan David and Lachlan Gilmour › 6th › Ready, Steady, Tokyo › 14th › Hempel World Cup Series – Olympic Test Event Round 1, Enoshima › 7th › Hempel World Cup Series – › 9th › 2020 49er Oceania Round 1, Enoshima Championships › 10th › 2020 49erFX World Tom Needham and Joel Turner Championships › 4th › 2020 49er Oceania Natasha Bryant and Annie Wilmot Championships › 13th › Hempel World Cup Series – › 15th › 2020 49er World Round 1, Enoshima Championships › 16th › 2020 49erFX Oceania Laser Championships Luke Elliot Caitlin Elks and Amelia Stabback › 3rd › Sail Melbourne › 11th › 2020 49erFX Oceania › 7th › 2019 Laser Standard Men’s Championships World Championships

Image courtesy of Robert Hajduk/World Sailing ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

50 // 51 Australian The Australian Sailing Team Patrons Sailing Team are a group of high achieving individuals Patrons with a passion and commitment to sailing and Olympic competition, who financially support and interact with the Australian Sailing Team athletes.

The Australian Sailing Team Patrons Patrons: provide essential additional funding › John Bacon and services for the competing › Marcus Blackmore AM athletes. › John Calvert-Jones AM The Patrons provide the impetus for › David Gotze the team to attract and establish a › Dr Leslie Green comprehensive commercial partner program. The program was introduced › Simon McKeon AO with the inception of the Australian › Andrew (Sandy) Oatley Sailing Team in March 2006 and › Norman Rydge AM OBE includes the support of a small group › Robert Salteri of generous people from within the sailing community: › Lang Walker AO

Image courtesy of Sailing Energy ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

Pin No. Year Class Event Name/s 52 // 53 Barranjoey The Australian Sailing Team Alumni Pin Program, the Barranjoey Pin, started in 2018. 1 1948 Olympic Games Alexander 'Jock' Sturrock MBE It is designed to acknowledge the legacy 2 1948 Star Olympic Games Len Fenton and history of Olympic and Paralympic class 3 1948 Olympic Games Robert French sailing in Australia, and recognise those 4 1952 Star Olympic Games Bart Harvey athletes who have achieved the Australian 5 1952 Dragon Olympic Games Bevan Worcester Sailing Team standard since the Team’s 6 1952 Dragon Olympic Games Doug Buxton 7 1952 Star Olympic Games Kevin Wilson establishment in 2006. 8 1952 Finn Olympic Games Peter Attrill

9 1956 Dragon Olympic Games Brian Carolan

Every athlete who has represented The Barranjoey Pin is an embodiment 10 1956 Finn Olympic Games Colin Ryrie Australia at either an Olympic Class of the great traditions and values 11 1956 5.5m Olympic Games Devereaux Mytton World Sailing Championship, IYRU of those who have competed and 12 1956 Dragon Olympic Games Graham Drane Women’s World Championship, continue to compete at the highest Olympic Games or Paralympic level for Australia in sailing. 13 1956 Dragon Olympic Games James Carolane Games prior to 2006 and achieved 14 1956 Star Olympic Games John Downey a Top 10 performance, as well as those athletes who qualified for the 15 1956 12m Sharpie Olympic Games Malcolm Scott Australian Sailing Team after 2006, 16 1956 12m Sharpie Olympic Games Rolland 'Rolly' Tasker AM will receive a uniquely numbered Pin 1958 Flying Dutchman Worlds Ian Palmer to commemorate their achievement. 17 18 1960 Dragon Olympic Games Alan Cain

19 1960 5.5m Olympic Games David Bingham

20 1960 5.5m Olympic Games Ernest Wagstaff

21 1960 Dragon Olympic Games Harold Brooke

22 1960 Dragon Olympic Games John Coon

23 1960 Finn Olympic Games Ron Jenyns

24 1962 Flying Dutchman Worlds Andrew White

25 1964 5.5m Olympic Games Sir William Northam CBE

26 1964 Dragon Olympic Games Ian Quartermain

27 1964 Flying Dutchman Olympic Games Ian Winter ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

Pin No. Year Class Event Name/s Pin No. Year Class Event Name/s 54 // 55

28 1964 5.5m Olympic Games James 'Dick' Sargeant OAM 55 1976 Olympic Games Brian Lewis

29 1964 Flying Dutchman Olympic Games John Dawe 56 1976 470 Olympic Games Ian Brown

30 1964 Star Olympic Games Martin Visser 57 1976 470 Olympic Games Ian Ruff

31 1964 5.5m Olympic Games Peter O'Donnell 58 1976 Olympic Games James Byrne

32 1964 Star Olympic Games Thomas Owens 59 1976 Tornado Worlds Jim Dachtler

33 1965 5.5m Worlds Norman Booth 60 1976 Tempest Olympic Games Jorn Hellner

34 1968 Flying Dutchman Olympic Games Carl Ryves 61 1976 Tornado Olympic Games Warren Rock

35 1968 Star Olympic Games OAM 62 1978 420 Womens Worlds Addy Bucek

36 1968 5.5m Olympic Games Sir OBE 63 1978 Laser Womens Worlds Lyndall Patterson

37 1968 Dragon Olympic Games John Cuneo OAM 64 1978 420 Womens Worlds Sophie Bucek

38 1968 Dragon Olympic Games John Ferguson 65 1978 Laser Womens Worlds Vanessa Dudley

39 1968 Star Olympic Games Richard Williamson 66 1980 Tornado Olympic Games Barry Robson

40 1968 5.5m Olympic Games Scott Kaufman 67 1980 470 Olympic Games Garry Gietz

41 1968 Dragon Olympic Games Tom Anderson OAM 68 1980 Olympic Games Gary Sheard

42 1968 5.5m Olympic Games William Solomons 69 1980 Finn Olympic Games Geoff Davidson

43 1968 Dragon Worlds Ross Bradbary 70 1980 Flying Dutchman Olympic Games Glenn Bourke AM

44 1969 Dragon Worlds John Shaw 71 1980 470 Olympic Games Greg Johns

45 1970 Flying Dutchman Worlds Craig Whitworth 73 1980 Star Olympic Games Richard Coxon

46 1970 Flying Dutchman Worlds Robert Miller () AM 74 1980 Soling Olympic Games Tim Dorning

47 1971 Finn Worlds John Bertrand AO 75 1982 Star Worlds Colin Bate

48 1972 Soling Olympic Games Denis O'Neil 76 1982 Soling Worlds Glenn Read

49 1972 Tempest Olympic Games Gordon Ingate 77 1982 Soling Worlds Ian McDiarmid

50 1972 Star Olympic Games OAM 78 1982 Star Worlds Phil Baker

51 1972 Soling Olympic Games Ken Berkeley 79 1982 Soling Worlds William Packer

52 1972 Flying Dutchman Olympic Games AM 80 1983 470 Womens Worlds Jenny Lidgett

53 1972 Tempest Olympic Games Rob Thornton 81 1983 Soling Worlds Lachy Simpson

54 1972 Flying Dutchman Olympic Games Tim Alexander 82 1983 Soling Worlds Lloyd Lissiman ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

Pin No. Year Class Event Name/s Pin No. Year Class Event Name/s 56 // 57

83 1983 470 Womens Worlds Nicola Bethwaite 110 1990 Laser Radial Worlds Jacqueline Ellis

84 1983 Soling Worlds 111 1992 Single Handed Olympic Games Christine Bridge

85 1983 Windsurfer Womens Worlds Sarah Kenny 112 1992 Star Olympic Games David Giles

86 1984 Tornado Olympic Games Christopher Cairns 113 1992 Lechner Board Olympic Games Fiona Taylor

87 1984 Finn Olympic Games Chris Pratt 114 1992 Tornado Olympic Games

88 1984 470 Olympic Games Chris Tillett 115 1992 Lechner Board Olympic Games Lars Kleppich

89 1984 Star Olympic Games Colin Beashel OAM 116 1992 Soling Olympic Games Michael Mottl

90 1984 Soling Olympic Games Dean Gordon 117 1992 Tornado Olympic Games

91 1984 Tornado Worlds Graeme Harbour 118 1992 Soling Olympic Games William Hodder

92 1984 Tornado Worlds Graeme Parker 119 1995 Laser Radial Worlds Heidi Gordon

93 1984 Olympic Games Greg Hyde 120 1996 Tornado Olympic Games Andrew Landenberger

94 1984 Flying Dutchman Olympic Games James Cook 121 1996 Mistral Board Olympic Games Brendan Todd

95 1984 Flying Dutchman Olympic Games James Wilmot 122 1996 Soling Olympic Games Matt Hayes

96 1984 470 Olympic Games Richard Lumb 123 1996 Laser Olympic Games Michael Blackburn

97 1984 Tornado Olympic Games Scott Anderson 124 1996 Mistral Board Olympic Games Natasha Sturgess

98 1987 Mistral Board Womens Worlds Jessica Crisp 125 1996 470 Olympic Games Owen McMahon

99 1987 Star Worlds Sean Leonard 126 1996 Finn Olympic Games Paul McKenzie

100 1988 Tornado Olympic Games Bradley Schafferius 127 1996 Soling Olympic Games Steve Jarvin

101 1988 Flying Dutchman Olympic Games David Connor 128 1996 Soling Olympic Games Steven McConaghy

102 1988 Flying Dutchman Olympic Games Gary Smith 129 1996 470 Olympic Games OAM

103 1988 Star Olympic Games Greg Torpy 130 1997 Tornado Worlds Adam Beashel

104 1988 470 Olympic Games Karyn Gojnich 131 1997 49er Worlds John Boyd

105 1988 Soling Olympic Games Matthew Percy 132 1999 49er Worlds Ed Smyth

106 1988 Soling Olympic Games Robert Wilmot 133 1999 49er Worlds Emmett Lazich

107 1988 Tornado Olympic Games Roger Colman 134 1999 49er Worlds Teague Czislowski

108 1989 Tornado Worlds Allan Goddall 135 2000 Finn Olympic Games Anthony Nossiter

109 1989 Tornado Worlds Greg Cann 136 2000 470 Olympic Games OAM ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

Pin No. Year Class Event Name/s 58 // 59

137 2000 49er Olympic Games

138 2000 49er Olympic Games Daniel Phillips

139 2000 Tornado Olympic Games

140 2000 Soling Olympic Games

141 2000 Paralympics Graeme Martin OAM

142 2000 Sonar Paralympics Jamie Dunross OAM

143 2000 470 Olympic Games OAM

144 2000 Soling Olympic Games Joshua Grace

145 2000 470 Olympic Games OAM

146 2000 Dinghy Olympic Games Melanie Dennison

147 2000 Soling Olympic Games

148 2000 Sonar Paralympics OAM

149 2000 2.4m Paralympics Peter Thompson

150 2002 2.4m Worlds Michael McLean

151 2004 49er Olympic Games Gary Boyd

152 2004 Yngling Olympic Games Kristen Kosmala

153 2004 2.4m Worlds Lachlan Gilbert

154 2004 470 Olympic Games OAM

155 2004 470 Olympic Games OAM

156 2004 Europe Dinghy Olympic Games Sarah Blanck

157 2005 Star Worlds

158 2005 Yngling Worlds Helen Impey

159 2005 Star Worlds Iain Murray AM

160 2005 Finn Worlds Joshua Beaver

161 2006 RSX AST Allison Shreeve

162 2006 Yngling AST Angela Farrell

163 2006 49er AST

Barranjoey Pin recipients, Royal Melbourne Yacht Squadron. December 2018. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // High Performance

Pin No. Year Class Event Name/s Pin No. Year Class Event Name/s 60 // 61

164 2006 Finn AST Brendan Casey 191 2013 2.4m AST Matt Bugg

165 2006 470 AST OAM 192 2013 470 AST Sarah Cook

166 2006 Tornado AST MNZM 193 2013 470 AST Will Ryan

167 2006 Yngling AST Krystal Weir 194 2014 49erFX AST Caitlin Elks

168 2006 470 AST Mat Belcher OAM 195 2014 Nacra 17 AST Jason Waterhouse

169 2006 49er AST Nathan Outteridge OAM 196 2014 Nacra 17 AST Lisa Darmanin

170 2006 470 AST Nick Behrens 197 2014 Laser AST Matt Wearn

171 2006 470 AST OAM 198 2015 Finn AST Jake Lilley

172 2006 Laser AST OAM 199 2016 Laser Radial AST Ashley Stoddart

173 2009 Sonar AST Colin Harrison OAM 200 2016 470 AST Carrie Smith

174 2009 Skud 18 AST 201 2016 470 AST Jaime Ryan

175 2009 Skud 18 AST Rachael Cox 202 2016 Finn AST Oliver Tweddell

176 2009 Sonar AST Russell Boaden 203 2016 49er AST Sam Phillips

177 2010 49er AST OAM 204 2016 49er AST Will Phillips

178 2010 Womens Match Racing AST Jessica Eastwell 205 2017 49er AST David Gilmour

179 2010 Womens Match Racing AST Katie Spithill 206 2017 49er AST Joel Turner

180 2010 Womens Match Racing AST Lucinda Whitty 207 1999 49er Worlds Euan McNicol

181 2010 Womens Match Racing AST Nicky Souter 208 2018 Nacra 17 Worlds Haylee Outteridge

182 2010 Womens Match Racing AST Nina Curtis 209 1992 470 Olympic Games Jeni Danks

183 2010 Womens Match Racing AST Olivia Price 210 2019 Laser Radial AST Mara Stransky

184 2011 Skud 18 AST Ame Barnbrook 211 1984 Windglider Olympic Games Stuart Gilbert

185 2011 Skud 18 AST Lindsay Mason 212 2019 470 AST Nia Jerwood

186 2012 Laser AST Ash Brunning 213 2019 470 AST Monique de Vries

187 2012 Sonar AST Jonathan Harris OAM 214 1987 Laser Worlds Stuart Wallace

188 2012 Skud 18 AST Leisl Tesch AM

189 2012 Sonar AST Stephen Churm

190 2012 Laser AST Tom Burton OAM ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

62 // 63 Financial Report

01 02 03 PAGE 64 PAGE 74 PAGE 76 Directors’ Report Auditor’s Independence Statement of Profit Declaration or Loss and Other Comprehensive Income 04 05 06 PAGE 77 PAGE 78 PAGE 79 Statement of Statement of Statement Financial Position Changes in Equity of Cash Flow

07 08 09 PAGE 80 PAGE 98 PAGE 99 Notes to the Directors’ Independent Financial Statements Declaration Auditor’s Report ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Directors’ Report

The Directors of Australian Sailing › Provide pathways for sailors and 64 // 65 Directors’ Principal activities Limited present their Report together During the year, the principal officials with relevant training Report with the financial statements of the continuing activities of the Company and development opportunities company for the year ended 30 June were to act as the National Sporting to provide internationally and 2020 and the Independent Audit Organization (NSO) for the sport of commercially recognised sailing Report thereon. sailing in Australia including: and boating qualifications.

Directors › In collaboration with the state › • General support for clubs and The following persons were and territory Member Yachting their members including insurance, Directors of the Company during or Associations (MYA’s) and Federal IT platforms, and organising since the end of the financial year. Government agencies, set National and State Committees to objectives, plans and priorities to implement major plans, policies Daniel Belcher deliver a successful and growing and programs. President since 19th October 2019, future for sailing. Director since 18th October 2014 There has been no significant › Develop the Australian Sailing change in the nature of these Alistair Murray AM Strategic Plan which determines activities during the year. Vice President since 19th October 2019, the priority strategies, initiatives, Director since 29th October 2016 programs and policies. Short-term and Garry Langford › Represent sailing to the Federal Long-term Objectives Director since 19th October 2013 Government advocating The company’s short-term and long Jennifer Maclean the interests of its member term objectives are to: Director since 6th November 2015 associations and their member › Build Sailing’s profile across Joanne Keen clubs on a range of issues Australia. Director since 29th October 2016 including those that affect the › Growing participation. Cole Michael Lissiman OAM sport, safety, communication and Director since 29th October 2016 the environment. › Ensuring Sailing’s sustainability Alex Baumann › Develop world class athletes › Maintain high performance. Director since 19th October 2019 including the management of the › Enhancing our people, structure Olympic, Para-sailing, Youth and Shevaun Bruland and culture. State Sailing Performance Pathway Director since 19th October 2019 programs. Strategy for achieving Suzanne Davies › Represent Australian Sailing as short and long-term objectives Director since 19th October 2019 a member of World Sailing to Australian Sailing has developed Matt Allen AM influence international sailing key strategies and key performance Retired 19th October 2019 policy and regulations. indicators as part of our Strategic Sarah Kenny › Support club based competitive plan, “Many Passions, One Love of Retired 19th October 2019 sailing and assist clubs to increase Sailing”. participation in sailing. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Directors’ Report Directors’ Report

66 // 67 Operating Results for the Year $2,664,037 (16%), Services revenue Sponsorship revenue is $775,027, Balance Sheet Significant Changes in the With the effects of COVID-19 starting of $1,826,827 (11%). of which $349,905 is cash Cash at year end was $6,313,633 state of affairs halfway through our financial year including Hamilton Island, Network Grants revenue includes the up $1,822,470 from the prior year There were no significant changes to and having a significant impact for Insurance Group and Sharp. The VIK base performance grant of end balance. the state of affairs of the Company the last quarter of this reporting sponsorship mainly from Zhik. $7,550,000 and participation during the year. period. Our strategy continually During the COVID 19 crisis our funding of $650,000. The ASC Donations from our patrons through changed to ensure we supported our focus has been to preserve Dividends high performance grant revenue is the Australian Sports foundation was clubs, staff, and athletes as required, our cash balance. Due to lower The Company is a not-for-profit reduced by the underspend as we $325,875. while maintaining financial stability. allowed activity there has been an organisation and is prevented by its cannot recognize the revenue if it is This required some difficult decisions Other revenue includes the underspend of the High Performance constitution from paying dividends. not used. This underspend has been in making staff changes and with JobKeeker subsidy for 3 months of grant and therefore an increase in transferred to the balance sheet for government support we can report $528,000, the ATO cashflow boost the cash balance at year end. use in the 2020-2021 financial year the numbers presented. $50,000 and payroll tax refunds and thus the net result shown in across all states of $114,138. The surplus from continuing performance is nil. operations for the year ended 30 The performance surplus results The performance carried forward Directors meetings June 2020 was $700,055 (2019 from a release to revenue of surplus was $2,272,023; this is The number of meetings of Directors held during the year and the number of Surplus $482,848). the capital asset fund provided shown as a reduction in revenue meetings attended by each Director, is as follows: to us from the Australian Sport Total Revenue for Australian Sailing above and transferred to the balance Commission (ASC) in June Limited was $17,140,997 sheet account for deferred revenue. Meetings of Directors 2018. Total assets purchased by We also have a carried forward Total Expenses for the year were performance during the year was surplus for other grants, including Held Eligible Attended $16,440,942. $95,750. This amount is included state and AOC. The total carried as grant revenue and is shown as a Daniel Belcher 8 8 8 The total surplus reported for forward in deferred revenue grants surplus. Australian Sailing Limited is made on our balance sheet is $4,289,186. Alistair Murray AM 8 8 8 up of $604,305 from Services and Expenses Club membership includes the Joanne Keen 8 8 7 $95,750 from High Performance. affiliation fees paid by our 352 clubs Total expenses across all Garry Langford 8 8 8 The surplus in Performance is across Australia showing a total of departments was $16,440,942. effectively zero after grant carried $2,664,037. This is in line with our The main expenses being for staff Cole Michael Lissiman 8 8 7 forward amounts are booked, club fee model for the 2020 year. at $7,110,699 (44% of the total costs) however is showing $95,750 due to The 2021 club fee invoices will be Jenni Maclean 8 8 8 and contractors for $1,593,321 (10%). the capital asset fund release. modified to take into account the Shevaun Bruland 8 6 6 current COVID-19 impact. Other major cost items being travel Revenue for $1,058,044 (6%) and athlete Suzanne Davies 8 7 6 Total revenue across all departments Service revenue total $1,826,827, funding of $1,026,043(6%). was $17,140,997. It includes mainly includes, training courses Alex Baumann 8 6 5 Grants both Federal and State $706,572, regatta and event fees There was a general decline in Matt Allen AM (Retired 19th October 2019) 8 2 2 of $10,424,229 (61% of the total $294,876, sailing sessions & RST expenditure during the final quarter revenue), Club Membership fees of $352,645, Rating certificates of the year due to impact the COVID Sarah Kenny (Retired 19th October 2019) 8 2 1 ($253,818). 19 pandemic. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Directors’ Report Directors’ Report

for Outstanding Contribution, global on-line fashion accessories 68 // 69 Information Alistair Murray AM Jennifer Maclean Joanne Keen Vice President Australian Sailing Lifetime Juris Doctor in Law, Master of LLB(Hons), LLM, Member (AICD), business. on Directors since 19th October 2019 Achievement Award and BIAV Sport Management, Grad. Dip Member (ACLA) › Managing Director of Skue Industry Champion Awards. Arts in Recreation, B.App Science Independent Non-Executive Director Independent Non-Executive Holdings Pty Ltd trading as Skip (Distinction in Medical Biophysics of Australian Sailing Limited since › Has sailed numerous classes of Director of Australian Sailing Limited Lissiman Consulting. and Scientific Instrumentation) 29th October 2016. dinghies and keelboats, winning since 29th October 2016. › CEO from 1991 – 2016 of Western numerous State and National Independent Non-Executive Australian Yachting Foundation. › Member of Australian Sailing Titles, and a World Masters › Member of Ethics Commission Director of Australian Sailing Limited › Founding Board member of Strategic Advisory Committee. Championship in . of World Sailing since 6th November 2015. Western Australia 2011 Pty Ltd from › 43 years with international yacht › Director of Share the Dignity a not Daniel Belcher Garry Langford 2006 to 2011, hosting the ISAF fittings market leader, Ronstan; › Chair of National Safety Committee for profit organisation supporting LLB/B.Com (Accounting), MBA, Independent Non-Executive 2011 sailing world championships following 20 years as CEO, › Senior Commercial Lawyer at women and girls. AICD Director of Australian Sailing Limited off Fremantle in December 2011. currently Chairman. Frasers Property Australia › Former director of the Leukaemia President since 19th October 2019 since 18th October 2014. › Member of Audit and Risk › Awarded an AM in 2017 for › Past director of Yachting Victoria Foundation of Queensland Committee. › Director of Yachting Australia Independent Non-Executive services to sailing, as a supporter (YV) and chair of YV Risk › General Counsel of Queensland Incorporated from 19th October › Past Vice President of International Director of Australian Sailing Limited of young sports people, and to Management & Safety Committee Rail with extensive experience 2013 to 18th October 2014. 12m Class Association since 18th October 2014. the manufacturing and export › Former Commodore of Blairgowrie as a General Counsel and senior industries. › Member and Chair of Audit and › Four America’s Cups including › Director of Oceania Sailing Yacht Squadron executive. Risk Committee. three representing Australia, Federation since 2018. › Has been involved in numerous › Prior to her career in law, she › Recipient of Rotary Ambassadorial (including crew member on the activities to promote sailing, › Consultant in the international was a leader in the national and Scholarship. › Co-founder and Deputy Chairman 1983 AC winner ‘Australia II’) and including Chairman of the development, protection and state water safety and aquatic of Melanoma Patients Australia, › Has sailed Hobie 16s at State, one as Senior Manager and Team International Sailing Summit management of new fruit products recreation industry working for a non-profit organisation; National and International coach for 2003 Swedish Americas and Board memberships of for USA, EU and Australian based peak not-for-profit organisations › Member of Australian Sailing level. Competed in Brisbane to Cup team. Sail Melbourne, Sail America, clients; › Former director and life member of Gladstone yacht race, sailed Squad 2000-2004 (470 Class) Volvo Ocean Race Stopover and › Project manager for ’s › Past President of Yachting Life Saving Victoria east coast of Australia with her winning international, Australian, Sandringham Yacht Club. Americas Cup campaigns from Tasmania; sailed in 3 Sydney to and state titles (top 10 World › Former director and life member of husband for 6 months, and enjoys › Other industry roles have 1983 to 1990. Sailing ranking in 2004); Hobart Yacht races in the 80’s; Aquatics & Recreation Victoria kitesurfing and sailing with her included current Boating Industry › Competed in 6 Sydney to Hobart › Established Tasmanian elite family in their . › Etchells racing since 2004; Association of Victoria directorship › Active club sailor in her Farr 1020; races, including line honours development program with the › Winner of International 420 World President of the marine industry enjoys racing and cruising in her Cole Michael (“Skip”) Lissiman in 1990 as sailing master on Tasmanian Institute of Sport; and World Junior Championships export body, AIMEX. Beneteau Cyclades 43.3 in the OAM ‘Drumbeat’. › Life member of the Association Whitsundays. GradDipBus (Marketing), DipEng in 2000. › Recognised with numerous › Has represented Australia in of Apex Clubs; (Surveying) › Daniel is the Managing Director awards, including Austrade Export international sailing competition of Redwood North, a mid-market Hero, a Federal Government › Awarded Churchill Fellowship Independent Non-Executive Director over 40 times. in 1994; Private Equity firm. Previously Centenary Award, Australian of Australian Sailing Limited since › On going active sailor in many Daniel was a management Manufacturing Hall of Fame, › Past Director and current member 29th October 2016. different dingy and keelboats consultant with McKinsey & Co in Victorian Governor’s Export of International Fruit Tree › Executive Chairman of Poppy throughout Australia and New York and Sydney. Award, US Sailing Industry Award Association (USA). Lissiman & Co Pty Ltd, a family internationally, including winning ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Directors’ Report Directors’ Report

70 // 71 Australian championships in › Twice named World Male Swimmer Shevaun Bruland working with a Board as a General › Director of Yachting Australia › Competitor in 30 Sydney to Hobart Etchells, J24’s & Match Racing. of the Year, in 1981 and 1984, and is B.Physio(Hons) MPH, Graduate AICD Manager/CEO. Incorporated from 8th April 2011 to Yacht races overall winner in 1983, a member of the Canadian Sports 18th October 2014. 2017 and in 2019 › Awarded Order of Australia Independent Non-Executive Director › Served as a Director on the and Canadian Amateur Sports Hall Medal (OAM) in 1984 for services of Australian Sailing Limited since Board of the Marina Industries › Member of AOC Executive since › Four time winner of the Kings Cup of Fame. to yachting. 19th October 2019. Association 2012-2020 and as May 2017 › Former World champion in the 11 › Advance Australia Award for › has also honoured him Treasurer from 2013. › Director of the Australian Olympic Metre Class › Previous board member and outstanding contribution to with the Order of Ontario, an › Currently the CEO of the Marina Foundation President of Yachting South › Runner up in the 2006 Farr 40 yachting in 1983. Honorary Doctorate (PhD) in Industries Association, Suzanne Australia (2014-2019) › Chair AOC Finance Commission World Championships and current Physical Education from Laurentian has a background in senior › Australian Sports Medal in 2000. › Member of the Australian Olympic Australian IRC, IMS and ORCi title University, and by making him an › Australian Institute of Company leadership roles in the marina and › Inducted into Sport Australia Hall of Foundation Investment Advisory holder. Officer of the Order of Canada. Directors NFP scholarship yacht club industry. Fame, ‘Team Sport Australia Award’ recipient, 2017 Committee; › Extensive experience in financial › Past Executive Director for the › CEO of d’Álbora Marinas and as a member of winning 1983 › Vice-Chair World Sailing offshore services industry including Queensland Academy of Sport › Inshore and offshore eelboatk spent over 12 years as the General Americas Cup ‘Australia II crew’ and Oceanic Committee. Regional CEO and President of and Chief Executive Officer of racing, competing in Sydney to Manager of The Royal Prince › Inducted into Australian Sailing UBS AG Japan and Managing Queensland Swimming. Hobart (2005, 2014, 2015) and many Alfred Yacht Club, during which › Member of the Australian Sailing Hall of Fame, as a member ‘the Director of Swiss Bank Corporation › Chief Executive Officer of Own other offshore races and regattas time she participated in a number Nominations and Remuneration Team of Australia II’ in Australia. the Podium (OTP), Canada’s high- around Australia (2002-2019) of Australian Sailing committees Committee Alex Baumann performance sport program › One-design racing at state and and focus groups. › Current Director and former Sarah Kenny LLB (Hons), Graduate AICD Independent Non-Executive Director › Chief Executive of High- national level in (since › Five years in the education sector Chairman of CYCA SOLAS Trusts of Australian Sailing Limited since Performance Sport 2012) and Tasar (since 2007), and as an undergraduate lecturer and › Former Commodore of Cruising Non-Executive Vice President 19th October 2019. (HPSNZ) in February 2012, where previously in Etchells (2005-2008). began her career with a decade Yacht Club of Australia since 19th October 2013 until 19th › Representative swimmer for Canada he was instrumental in rolling out › Shevaun worked as a clinical marketing international hotel both › Past President of the Australian October 2019. the HPSNZ Strategic plan to 2020. Physiotherapist then undertook a in Australia and overseas. › Gold medalist at the 1984 Los Farr 40 Class › Director of Australian Sailing New Zealand achieved great results Master of Public Health, consulting Angeles Olympics in both the › Suzanne at The Royal Prince › Past Treasurer of the International Limited since 18th October 2014 culminating with its best ever in occupational injury prevention 200m and 400m individual medley Alfred Yacht Club in the Women’s Farr 40 Class until 18th October 2019. Olympic team performance in Rio in and management. Twilight Series. races in world record times › President of the Australia Day › Director of Yachting Australia 2016 with 18 medals in 9 different › Shevaun now manages a busy › Five gold medals and two silver Matt Allen AM Regatta Incorporated from 17th December sports, of which 4 were Gold. medical practice and her family medals at the 1982 and 1986 B.Bus 2010 to 18th October 2014. › At the Rio Paralympics New business interests, as well as › Past Rear Commodore of the Royal Commonwealth Games. Zealand won 21 medals in 3 parenting two daughters involved Non-Executive President Ocean Racing Club › Member of Australian Sailing › Since being a top athlete himself, different sports, 9 of which were in junior sailing. since 19th October 2013 until › Former Chairman of the Volvo Remuneration Committee and he has gone on to coach others Nominations Committee. Gold which ranked the country › Recreational kiteboarder since 2018 19th October 2019. Ocean Race Australian Challenge and become involved in top sports number one in the world per capita. in 2005/06; › Member of World Sailing Council administration. His experience as a Suzanne Davies › Director of Australian Sailing › Alex returned to Australia after › Member of the Olympic Team › Member and Chair of World Sailing swimmer and coach has given him B.Bus (Int), Graduate AICD Limited from 18th October 2014 a 12-year absence in early 2018 Appeal Committee (NSW) Events Committee a sense of what is required to be until 18th October 2019. to take up the position of Chief › Suzanne has extensive board the best in the world. › Sat on the arbitration Panel for the › Past Vice-Chair of World Sailing Strategist for High Performance for experience both as a Director and 35th Americas Cup Women’s Forum; Swimming Australia. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Directors’ Report

72 // 73 › Past member of World Sailing The registered office and principal The amount of the premium cannot be Windsurfing & Kite and Youth & place of business is: disclosed due to policy conditions. Development Committees; Tenancy 1001 120 High Street Indemnification of auditors North Sydney NSW 2060 › Member of Australian and New To the extent permitted by law, the Zealand Sports Law Association; Likely developments and Company has agreed to indemnify › Member of the 2008, 2012, 2016 expected results its auditors, Ernst & Young, as part and 2020 Australian Sailing There are no likely developments of the terms of its audit engagement Olympic Nomination panels. which may affect either the agreement against claims by third › Until May 2019, Non-executive Company’s operations or expected parties arising from the audit (for an Director and member of Audit results of those operations. unspecified amount). No payment has been made to indemnify Ernst & Young and Risk, Nomination, and Environmental regulation during or since the financial year. Remuneration Committees of The Company’s operations are subject Propertylink Group to various environmental regulations Membership › Ambassador for The Helmsman under both Commonwealth and State The Company is limited by Project outdoor adventure charity legislation. The Board believes that guarantee and without a share › Sarah is a Consultant at Herbert the Company has adequate systems capital. in place for the management of its Smith Freehills after a 20 year The number of members as at 30 environmental requirements and is career as a partner in the Corporate June 2020 is eight (8) (2019: 8). group of the Sydney office. not aware of any breach of those environmental requirements as they Contribution in Winding Up › From a background apply to the Company. The Company is incorporated under and successfully competed the Corporations Act 2001 and is at national and international Indemnification and insurance a company limited by guarantee. windsurfing events including of directors and officers If the Company is wound up, the multiple World Championships and During or since the financial year, the constitution states that each member the Olympics in the Company has paid premiums in respect is required to contribute a maximum windsurfing demonstration event. of a contract insuring all the directors of $1 each towards meeting any of Australian Sailing Limited against Significant Events after the outstanding obligations of the entity. legal costs incurred in defending Reporting Date At 30 June 2020, the total amount proceedings for conduct involving: There were no significant events that members of the Company are after balance date. (a) a wilful breach of duty; or liable to contribute if the Company is wound up is $8 (2019: $8). Corporate Information (b) a contravention of sections 182 Australian Sailing Limited is a or 183 of the Corporations Act 2001, company limited by guarantee that as permitted by section 199B of the is incorporated and domiciled in Corporations Act 2001. Australia. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Directors’ Report

74 // 75 Auditors A copy of the Auditor’s Independence Declaration as required under Section 307C of the Corporations Act 2001 is included at page 12 of this financial

Independence report and forms part of the Directors’ Report. Ernst & Young Services Pty Limited Tel: +61 2 9248 5555 200 George Street Fax: +61 2 9248 5959 Sydney NSW 2000 Australia ey.com/au Declaration Signed in accordance with a resolution of the Directors. GPO Box 2646 Sydney NSW 2001

Auditor’s Independence Declaration to the Directors of Australian Sailing Limited Daniel Belcher

Director As lead auditor for the audit of Australian Sailing Limited for the financial year ended 30 June 2020, I Date 21st September 2020 declare to the best of my knowledge and belief, there have been:

a no contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the audit; and

b no contraventions of any applicable code of professional conduct in relation to the audit.

Ernst & Young

Daniel Partner 21 September 2020

A member firm of Ernst & Young Global Limited Liability limited by a scheme approved under Professional Standards Legislation

ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited

76 // 77 Statement of Profit or Loss Statement of Financial Position and Other Comprehensive Income as at 30 June 2020 2020 2019 for the year ended 30 June 2020 Note $ $

Assets 2020 2019 $ $ Current Assets Cash 6 6,313,633 4,491,163 Revenue Trade and Other Receivables 7 331,298 517,622 Prepayments & Other Assets 8 393,859 648,005 Revenue from contracts with customers 3.1 16,222,727 17,664,560 Other Financial Assets 9 165,114 155,553 Other Income 3.2 918,270 232,295 Total Current Assets 7,203,904 5,812,343 Total Revenue 17,140,997 17,896,855 Non-Current Assets Trade and Other Receivables 7 63,107 79,411 Expenses Prepayments & Other Assets 8 - 18,389 Employee Benefits Expense 4 7,095,059 6,712,300 Other Financial Assets 9 25,866 20,534 Depreciation Expense 1,156,884 545,242 Property, Plant & Equipment 10 4,788,823 2,145,297 Operating Expenses 5 8,188,999 10,156,465 Total Non-Current Assets 4,877,796 2,263,631 Total Expenses 16,440,942 17,414,007 Total Assets 12,081,700 8,075,974 Liabilities Profit from Continuing Operations for the Year 700,055 482,848 Current Liabilities Trade and Other Payables 11 1,146,227 1,392,824 Deferred Revenue 12 4,289,186 3,089,865 Other Comprehensive Income for the Year 15 - 242,455 Employee Benefits Liabilities 13 558,701 587,820 Lease Liabilities 17 439,961 - Total Comprehensive Profit for the Year 700,055 725,303 Interest-Bearing Borrowings 14 - 215,816 Total Current Liabilities 6,434,075 5,286,325

The above Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the notes to the financial statements. Non-Current Liabilities Employee Benefits Liabilities 13 141,507 109,822 Lease Liabilities 17 2,126,236 - Total Non-current Liabilities 2,267,743 109,822 Total Liabilities 8,701,818 5,396,147

Net Assets 3,379,882 2,679,827 Equity Retained Equity 2,437,372 1,954,524 NSW Contributed Funds 242,455 242,455 Current Year Earnings 700,055 482,848 Total Equity 15 3,379,882 2,679,827

The above Statement of Financial Position should be read in conjunction with the notes to the financial statements. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited

78 // 79 Statement of Changes in Equity Statement of Cash Flows for the year ended 30 June 2020 for the year ended 30 June 2020

Accumulated Natural National Other NSW Total Note 2020 2019 funds disaster Training Asset Contributed $ $ $ relief fund Centre Funding Funds $ funding $ $ $ Cash Flows from Operating Activities Receipts from Operations 19,175,897 19,188,859 At 30 June 2018 (66,075) 30,000 991,358 999,241 - 1,954,524 Payments to Suppliers and Employees (15,957,815) (17,632,376) Interest Paid (60,375) (11,899) Profit/(Loss) for the year 482,848 - - - 242,455 725,303 Interest Received 65,646 53,188 Transfer to reserve (170,268) - (68,742) 239,010 - - Net cash inflows from operating activities 3,223,353 1,597,772 At 30 June 2019 246,505 30,000 922,616 1,238,251 242,455 2,679,827 Cash Flows from Investing Activities Profit/(Loss) for the year 700,055 242,455 700,055 Proceeds from sale of property, plant and equipment 31,000 135,000 Transfer to reserve 237,849 (66,695) (171,154) - Payments for property, plant and equipment (703,728) (381,054) Net cash outflows from investing activities (672,728) (246,054) At 30 June 2020 1,184,409 30,000 855,921 1,067,097 242,455 3,379,882 Cash Flows from Financing Activities The above Statement of Changes in Equity should be read in conjunction with the notes to the financial statements. Loans to non-related parties (28,363) (60,474) Repayments of Loans to non-related parties 71,625 62,830 Repayments of loan from non-related party (215,816) (575,510) Payments of Lease Liabilities (555,601) Net cash inflows/(outflows) from financing activities (728,155) (573,154)

Net Increase in Cash Held 1,822,470 778,564 Cash at beginning of year 4,491,163 3,712,599 Cash at End of Year 6 6,313,633 4,491,163

The above Statement of Cash Flows should be read in conjunction with the notes to the financial statements. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Notes to the Financial Statements Notes to the Financial Statements 30 June 2020 30 June 2020

80 // 81 Notes to the Financial Statements Requirements for the past two and effect of the changes as a result addition, the standard requires financial years. of adoption of these new accounting extensive disclosures. For the year ended 30 June 2020 standards are described below. The Company is a not-for-profit, The Company adopted AASB 15 Note 1. Corporate Information Comparative Figures The continued viability of the private sector entity, which is not Several other amendments and using the modified retrospective The financial statements of Australian The financial statements provide Company and its ability to continue publicly accountable. Therefore interpretations apply for the first method of adoption. There was no Sailing Limited (the Company) for comparative information in respect as a going concern is dependent the financial statements for the time in 2019/2020, but do not have significant impact on recognition the year ended 30 June 2020 were of the previous period. upon the Company being successful Company are tier 2 general purpose an impact on the financial statements or measurement in the financial authorised for issue in accordance in its continuing efforts to grow its financial statements which have of the Company. The Company has statements as a result of the Where required, comparative figures with a resolution of the directors on revenue base and the ongoing tight been prepared in accordance with not early adopted any standards, adoptions but there has been a from the previous period have been 21st September 2020. management of operational costs. Australian Accounting Standards – interpretations or amendments that change in the required disclosures to adjusted to conform to changes The Australian Sports Commission Reduced Disclosure Requirements have been issued but are not yet reflect the requirements of the new Australian Sailing Limited is a Not-for- made in the presentation for the has confirmed that the National (AASB – RDRs) (including Australian effective. accounting standard. Profit entity. current financial year. Sporting Organisation for the sport Interpretations) adopted by the AASB 15 Revenue from AASB 1058 Income Note 2. Summary of Significant of Sailing will continue to receive Australian Accounting Standards Going Concern Contracts with Customers of Not-For-Profit Entities Accounting Policies funding of High Performance Board (AASB) and the Corporations The Company’s financial statements through to the Tokyo Olympics in Act 2001. AASB 15 supersedes AASB 118 AASB 1058 will defer income Basis of Preparation have been prepared on a going 2020, and the Participation funding Revenue and related Interpretations recognition in some circumstances The financial report is a general concern basis, which contemplates The adoption of AASB1053 and component will be maintained and it applies, with limited exceptions, for not-for-profit entities, particularly purpose financial report, which has continuity of normal business AASB 2010-2 allowed Australian at current levels until December to all revenue arising from contracts where there is a performance been prepared in accordance with activities and the realisation of Sailing Limited to remove a number 2020. Australian Sailing has also with its customers. AASB 15 obligation or any other liability. In the requirements of the Corporations assets and settlement of liabilities in of disclosures. There were no other met the recommended criteria for establishes a five-step model to addition, certain components in an Act 2001, Australian Accounting the ordinary course of business. impacts on the current or prior year recognition as National Sporting account for revenue arising from arrangement, such as donations, may Standards - Reduced Disclosure financial statements. During the financial year ended Organisation by the Australian Sport contracts with customers and requires be separated from other types of that revenue be recognised at an income and recognised immediately. Requirements and other authoritative 30 June 2020 the Company has Commisssion up until 2023. Changes in Accounting pronouncements of the Australian experienced an operating surplus of amount that reflects the consideration The standard also expands the The board is confident that the Policy, Acounting Standards Accounting Standards Board. $700,055 compared to an operating to which an entity expects to be circumstances in which not-for-profit Company will be successful in and Interpretations Australian Accounting Standards surplus in 2019 of $482,848. entitled in exchange for transferring entities are required to recognise continuing to rebuild its reserves The accounting policies adopted are contain requirements specific to goods or services to a customer. income for goods and services At 30 June 2020 the Company and accordingly has prepared the consistent with those of the previous not-for-profit entities, including received for consideration that is had increased cash resources financial statements on a going financial year. AASB 15 requires entities to standards AASB 116 Property, Plant significantly less than the fair value over the prior year by $1,822,470 concern basis. exercise judgement, taking into and Equipment, AASB 138 Intangible The new and amended Australian of the asset principally to enable and also had net current assets of consideration all of the relevant facts Assets, AASB 136 Impairment of Accounting Standards and AASB the entity to further its objectives $769,829 (2019 net current assets of Statement of Compliance and circumstances when applying Assets and AASB 1058 Income For Interpretations. (discounted goods and services). $526,013). Management is focused The Company has adopted AASB each step of the model to contracts Not Profit Entities. The financial on diversifying its revenue sources 1053 Application of Tiers of The Company applied AASB 15 with their customers. The standard The Company adopted AASB 1058 report has been prepared on a to reduce its reliance on Federal and Australian Accounting Standards Revenue from Contracts with also specifies the accounting for using the modified retrospective historical cost basis. State government grant funding. and AASB 2010-2 Amendments to Customers, AASB 1058 Income of the incremental costs of obtaining method of adoption. The classification The financial report is presented in Australian Accounting Standards Not-For-Profit Entities and AASB 16 a contract and the costs directly and measurement requirements of Australian dollars ($). arising from Reduced Disclosure Leases for the first time. The nature related to fulfilling a contract. In AASB 1058 did not have a material ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Notes to the Financial Statements Notes to the Financial Statements 30 June 2020 30 June 2020

82 // 83 impact in the Company, but there Straight-line operating lease Practical expedients applied Current versus Foreign Currency Translation Sale of Goods have been some changes in the expense recognition is replaced In adopting AASB 16, the company Non-Current Classification Both the functional and presentation Revenue from the sale of goods is disclosures resulting from the with a depreciation charge for the has used the following practical The Company presents assets and currency of Australian Sailing Limited recognised at the point in time when adoption of the accounting standard. right-of-use assets (included in expedients permitted by the standard: liabilities in the statement of financial is Australian dollars ($). control of the goods is transferred to operating costs) and an interest position based on current/non- the customer, generally on delivery of Transactions in foreign currencies AASB 16 Leases expense on the recognised lease › applied a single discount rate to a current classification. the goods. are initially recorded by the AASB 16 supersedes AASB 117 liabilities (included in finance costs). portfolio of leases with reasonably An asset is current when it is: Company at the functional currency Leases, AASB Interpretation In the earlier periods of the lease, similar characteristics; Subscriptions spot rates at the date the transaction 4 Determining whether an the expenses associated with the › accounted for operating leases › Expected to be realised or Revenue is recognised when a first qualifies for recognition. Arrangement contains a Lease, lease under AASB 16 will be higher with a remaining lease term of less intended to be sold or consumed member is entitled to the benefits Monetary assets and liabilities AASB Interpretation 115 Operating when compared to lease expenses than 12 months as at 1 July 2019 as in the normal operating cycle belonging to the Company. denominated in foreign currencies Leases-Incentives and AASB under AASB 117. However, EBITDA short-term leases; › Held primarily for the purpose are translated at the functional Interpretation 127 Evaluating the (Earnings Before Interest, Tax, Rendering of Services › excluded initial direct costs for of trading currency spot rates of exchange Substance of Transactions Involving Depreciation and Amortisation) Revenue from rendering of services is the measurement of the right- › Expected to be realised within at the reporting date. Differences the Legal Form of a Lease. The results improve as the operating recognised over time, using an input of-use asset at the date of initial twelve months after the reporting arising on settlement or translation standard sets out the principles expense is now replaced by interest method to measure progress towards application; and period, or of monetary items are recognised in for the recognition, measurement, expense and depreciation in profit complete satisfaction of the service, › used hindsight in determining the profit or loss. presentation and disclosure of or loss. For classification within the › Cash or cash equivalent unless because the customer simultaneously lease term where the contract leases and requires lessees to statement of cash flows, the interest restricted from being exchanged receives and consumes the benefits contains options to extend or Revenue Recognition recognise most leases on the portion is disclosed in operating or used to settle a liability for provided by the Company. terminate the lease. Revenue from contracts with statement of financial position. activities and the principal portion of at least twelve months after the customers is recognised when the lease payments are separately Impact of adoption reporting period control of the goods or services are disclosed in financing activities. AASB 16 was adopted using the All other assets are classified transferred to the customer at an For lessor accounting, the standard modified retrospective approach and as non-current. amount that reflects the consideration does not substantially change how a as such the comparatives have not to which the Company expects to lessor accounts for leases. A liability is current when: been restated. be entitled in exchange for those › It is expected to be settled in the goods or services. The Company The impact of adoption on opening retained profits as at 1 July 2019 was as follows: normal operating cycle has generally concluded that it is the $ › It is held primarily for the purpose principal in its revenue arrangements, of trading except for the agency services below, Operating lease commitments as at 30 June 2019 3,413,749 because it typically controls the goods › It is due to be settled within twelve Weighted Average incremental borrowing rate (3%) discount as at 1 July 2019 (304,860) or services before transferring them to months after the reporting period, or Commitments relating to short term leases (213,894) the customer. › There is no unconditional right to Operating lease commitments as at 30 June 2019 725,303 defer the settlement of the liability Commitments relating to low value assets (18,504) for at least twelve months after the Other Transitional Adjustments 251,718 reporting period

Lease Liabilities - Current (604,101) The Company classifies all other Lease Liabilities – Non Current (2,524,108) liabilities as non-current. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Notes to the Financial Statements Notes to the Financial Statements 30 June 2020 30 June 2020

expense item, it is recognised as acquisition of the asset or as part of maintenance are recognised in the amortisation methods are reviewed, 84 // 85 Sponsorship Sponsorship revenue is recognised income on a systematic basis over the expense item as applicable; and profit or loss as incurred. The assets’ and adjusted, if appropriate, at each in terms of both cash received and the periods that the related costs, for receivables and payables are stated residual values, useful lives and financial year end. value in kind support provided which it is intended to compensate, with the amount of GST included. during the period. The value in kind are expensed. When the grant relates Depreciation The net amount of GST recoverable support is recorded as income using to an asset, it is recognised as income The depreciation rates used for each class of assets are: from, or payable to, the taxation actual values or cost of the goods or in full and the grant released to profit authority is included as part of services utilised during the year. Items or loss. The grant released is also IT Equipment 3 years receivables or payables in the of value in kind support include the recognised in a reserve to offset future statement of financial position. Boats and Equipment 3 - 15 years cost of team uniforms, equipment, car depreciation on the relevant asset/s. hire, boat hire, accommodation and The depreciation incurred on the asset Cash flows included in the Statement Motor vehicles 8 - 10 years hospitality. is also recognised as a reduction in the of Cash Flows are on a gross Office furniture and equipment 5-15 years reserve. As at 30 June 2020 there are basis and the GST component of At the same time an equal offsetting two capital asset reserves recognised, cash flows arising from investing value in kind expense is recognised Leased assets Term of lease one for the National Training Centre at and financing activities, which is in the relevant expense category (for Middle Harbour Yacht Club, and one recoverable from, or payable to, the Leasehold improvements Term of lease example uniforms provided to the for other capital assets. taxation authority, are classified as Company at no cost are recognised National Training Centre – Marina Deck Term of lease operating cash flows. as sponsorship revenue and as an When the Company receives grants expense in the Uniforms category). of non-monetary assets, the asset Commitments and contingencies are Disposal Leases and the grant are recorded at nominal disclosed net of the amount of GST An item of plant and equipment Finance leases, are capitalised at Interest amounts and released to profit or recoverable from, or payable to, the is derecognised upon disposal or the inception of the lease at the Revenue is recognised as interest loss over the expected useful life in a taxation authority. when no further future economic fair value of the leased asset or, if accrues using the effective interest pattern of consumption of the benefit benefits are expected from its lower, at the present value of the method. This is a method of calculating of the underlying asset by equal Plant and Equipment use or disposal.Any gain or loss minimum lease payments. Lease the amortised cost of a financial asset annual instalments. Plant and equipment is stated at arising on derecognition of the payments are apportioned between and allocating the interest income over historical cost, or fair value if the asset (calculated as the difference the finance charges and reduction the relevant period using the effective Income Taxes asset is donated to the entity, between the net disposal proceeds of the lease liability so as to achieve interest rate, which is the rate that The Company is exempt from income less accumulated depreciation and the carrying amount of the a constant rate of interest on the exactly discounts estimated future tax under division 50 of the Income and any accumulated impairment asset) is included in profit or loss in remaining balance of the liability. cash receipts through the expected life Tax Assessment Act 1997. losses. Such cost includes the the year the asset is derecognised. Finance charges are recognised as of the financial asset to the net carrying cost of replacing parts that are an expense in profit or loss. amount of the financial asset. Goods and Services Tax (GST) eligible for capitalisation when Revenues, expenses and assets are the cost of replacing the parts is Capitalised leased assets are Government grants recognised net of the amount of GST incurred. Similarly, when each major depreciated over the shorter of Government grants are recognised except where the GST incurred on inspection is performed, its cost is the estimated useful life of the where there is reasonable assurance purchase of goods and services is recognised in the carrying amount asset and the lease term if there that the grant will be received and all not recoverable from the taxation of the plant and equipment as a is no reasonable certainty that the attached conditions will be complied authority, in which case the GST is replacement only if it is eligible for Company will obtain ownership by with. When the grant relates to an recognised as part of the cost of capitalisation. All other repairs and the end of the lease term. ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Notes to the Financial Statements Notes to the Financial Statements 30 June 2020 30 June 2020

86 // 87 Borrowing Costs Subsequent Measurement estimate can be made of the amount Trade and Other Receivables expected over the remaining life Trade and Other Payables Borrowing costs directly attributable For purposes of subsequent of the obligation. Trade receivables, which generally of the exposure, irrespective of Trade and other payables are carried to the acquisition, construction or measurement, financial assets are have 30-day terms, are recognised the timing of the default (a lifetime at amortised cost and represent If the effect of the time value of production of an asset that necessarily classified in four categories: and carried at original invoice ECL). liabilities for goods and services money is material, provisions are takes a substantial period of time to amount less an allowance for any provided to the Company prior to › Financial assets at fair value discounted using a current pre-tax For trade receivables and contract get ready for its intended use or sale uncollectible amounts. the end of the financial year that are through profit or loss rate that reflects risks specific to the assets, the Company applies a are capitalised as part of the cost of unpaid and arise when the Company liability. When discounting is used, the i) Impairment of Financial Assets simplified approach in calculating the asset. All other borrowing costs › Loans and receivables becomes obliged to make future increase in the provision due to the ECLs. Therefore, the Company are expensed in the period in which › Held-to-maturity investments The Company recognizes an payments in respect of the purchase passage of time is recognised as a does not track changes in credit they occur. Borrowing costs consist allowance for expected credit of these goods and services. › Available-for-sale financial borrowing cost. risk, but instead recognises a loss of interest and other costs that an losses (ECLs) for all debt investments allowance based on lifetime ECLs entity incurs in connection with the Liabilities for wages and salaries, instruments not held at fair value Economic Dependence at each reporting date. borrowing of funds. Inventories including non-monetary benefits and through profit and loss. ECLs are The Company is dependent upon Inventories are carried at the lower annual leave, expected to be settled based on the difference between ii) Impairment of the ongoing receipt of Federal and Financial Assets of cost and net realisable value. Net within 12 months of the reporting date the contractual cash flows due Non-Financial Assets State Government grants, corporate Financial assets are classified, at are recognised in other payables in accordance with the contract sponsorships, and donations to realisable value is the estimated The Company assesses, at each initial recognition, as financial assets in respect of employees’ services and all the cash flows that the ensure the ongoing continuance selling price in the ordinary course reporting date, whether there is at fair value through profit or loss, up to the reporting date. They are Company expects to receive, of its programs. At the date of this of business, less estimated costs of an indication that an asset may loans and receivables, held-to- measured at the amounts expected discounted at an approximation report, management has no reason completion and the estimated costs be impaired. If any indication maturity investments, available-for- to be paid when liabilities are settled. of the original effective interest to believe that this financial support necessary to make the sale. exists, or when annual impairment sale financial assets, or as derivatives rate. The expected cash flow will will not continue. The liability for long service leave testing for an asset is required, the designated as hedging instruments in include cash flows from the sale Cash Assets is recognised in the provision for Company estimates the asset’s an effective hedge, as appropriate. of collateral held or other credit Significant Management Cash and short-term deposits in the employee benefits and measured as recoverable amount. An asset’s enhancements that are integrated Judgement in applying All financial assets are recognised balance sheet comprise cash at bank the present value of expected future recoverable amount is the higher to the contractual terms. Accounting Policies initially at fair value plus, in the case and in hand and short-term deposits payments made in respect of services of an asset’s or cash generating When preparing the financial of financial assets not recorded with an original maturity of twelve and provided by employees up to the ECLs are recognised in two stages. unit (CGU)’s fair value less costs statements, management undertakes at fair value through profit or loss, months or less.For the purposes of the reporting date. For credit exposures for which to sell and its value in use. The a number of judgements, estimates transaction costs that are attributable Statement of Cash Flows, cash and there has not been a significant recoverable amount is determined Provision for employees with less and assumptions about the to the acquisition of the financial asset. cash equivalents consist of cash and increase in credit risk since initial for an individual asset, unless than 10 years’ service has been recognition and measurement cash equivalents as defined above. recognition, ECL are provided the asset does not generate Purchases or sales of financial assets allocated to non-current liabilities. of assets, liabilities, income and for credit losses that result from cash inflows that are largely that require delivery of assets within a expenses. Provisions In determining the liability for default events that are possible independent of those from other time frame established by regulation Provisions are recognised when the employee entitlements related on- within the next 12 months. For assets or groups of assets. When or convention in the market place Company has a present obligation costs have also been included in the those credit exposures for which the carrying amount of an asset (regular way trades) are recognised on (legal or constructive) as a result of liability. there has been a significant or CGU exceeds its recoverable the trade date, i.e., the date that the a past event, it is probable that an increase in credit risk since initial amount, the asset is considered Company commits to purchase or sell outflow of resources embodying recognition, a loss allowance is impaired and is written down to its the asset. economic benefits will be required required for credit losses recoverable amount. to settle the obligation and a reliable ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Notes to the Financial Statements Notes to the Financial Statements 30 June 2020 30 June 2020

Note 3.1 Revenue from contracts with customers 2020 2019 Note 3.2 Other income 88 // 89 $ $ Gain from sale of property,plant and equipment 12,208 -

Membership Fees 2,664,037 2,628,005 Interest received 65,646 53,187 Training Centre registration 36,006 41,742 Jobkeeper subsidy income 528,000 - Rating Certificates 253,818 271,381 Other Government support 164,139 - Training Course fees 706,572 878,567 Other revenue 148,277 179,108 Training Resources 75,669 97,639 Total Other income 918,270 232,295 Regatta and Function Fees 294,876 494,369

Service Fees 352,645 343,305 Note 4. Employee Benefits Expense Rental and Hire Income 42,544 138,616 Instructor Registration 107,241 105,236 Salaries 6,214,201 5,772,550 Australian Olympic Committee Grants - 7,823 Superannuation 551,244 612,212 Australian Sports Commission Grants 8,466,272 9,529,012 Other Employee Related Costs 336,042 321,691 State Government Grants 1,719,246 1,186,656 Employees Provisions Expense (6,428) 5,847 State Institutes of Sport Grants 340,000 365,000 Total Employee Benefits Expense 7,095,059 6,712,300 Athlete contributions 62,899 293,939 Donations 325,875 175,535 Sponsorship 775,027 1,107,735 Total Revenue 16,222,727 17,664,560

Disaggregated revenue information

Type of goods or service Salaries Revenue from Membership 2,664,037 2,628,005 Revenue from Services 1,869,371 2,370,855 Revenue from Grants 10,588,417 11,382,430 Revenue from Sponsorship & Donations 1,100,902 1,283,270 Total revenue from contracts with customers 16,222,727 17,664,560

Timing of revenue recognition

Revenue transferred at a point in time 2,970,273 3,654,125 Revenue transferred over time 13,252,454 14,010,435 Total revenue from contracts with customers 16,222,727 17,664,560 ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Notes to the Financial Statements Notes to the Financial Statements 30 June 2020 30 June 2020

Note 5. Operating Expenses 2020 2019 Note 6. Cash 2020 2019 90 // 91 $ $ $ $

Accommodation 294,858 327,136 Cash On Hand 2,702 8,574 Airfares 278,833 582,878 Cash at Bank Operating 1,137,575 380,628 Athlete Funding 1,026,043 1,592,317 Cash At Bank Online Saver 1,673,356 1,151,961 Audit Fees 90,771 87,824 Cash At Bank Notice Saver 3,500,000 2,950,000 Bad Debt Expense 38,628 3,775 Total Cash 6,313,633 4,491,163 Bank and Finance Charges 32,747 51,452 Boat Hire and Maintenance 255,721 352,111 Note 7. Trade and Other Receivables Clothing 256,914 606,985 Current Contractors 1,593,321 1,641,032 Equipment 513,454 313,227 Account Receivable 373,437 531,440 Event Logistics 239,752 168,413 Allowance for Expected Credit Loss (42,139) (12,339) Government Certification Fees 81,458 79,922 Other Deposits - (1,479) Grants Paid 844,775 412,859 Total Current Trade and Other Receivables 331,298 517,622 Ground Travel 159,073 305,553 Non Current Insurance 465,312 465,093 Long Term Deposit - AST Olympic Base 25,759 25,759 Legal Fees 100,628 76,693 Long Term Deposit - Storage Facilities 31,560 24,508 Marketing 116,936 99,820 Miscellaneous Expenses 101,260 87,780 Other Deposits 5,788 6,400 Motor Vehicle Expenses 58,798 76,175 Total Non Current Trade and Other Receivables 63,107 56,667 Performance Camp & Regatta Expenses 42,324 114,278 Note 8. Prepayments and Other Assets Phone & IT Expenses 189,788 196,099 Printing Postage & Stationery 52,024 99,130 Current Race Management 42,377 140,515 Prepayments 218,359 569,854 Rating Certificate Expenses 96,987 121,788 Accrued income 175,500 78,151 Regatta Entry Costs 4,738 12,829 Total Current Prepayments & Other Assets 393,859 648,005 Rent 260,365 874,881 Repairs & Maintenance 77,468 85,578 Non-Current Shipping 48,771 373,382 Prepayments - 18,389 Staff Training 15,641 17,452 Total Non-Current Prepayments & Other Assets - 18,389 Subscriptions 344,120 255,720 Sustenance 244,994 289,475 Training Resource Expenses 76,584 114,422 Utilities & Rates 44,989 38,864 Venue Hire 29,921 83,266 Interest Expense 68,626 - Total Operating Expenses 8,188,999 10,156,465 ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Australian Sailing Limited Notes to the Financial Statements Notes to the Financial Statements 30 June 2020 30 June 2020

Note 9. Other Financial Assets 2020 2019 Note 10. Property, Plant & Equipment 92 // 93 $ $

Current National Training Term deposit – Office premises(i) 82,500 54,157 Boats and Leased IT Leasehold Motor Centre Term deposit – Credit card facility (ii) 60,000 60,000 Equipment Assets Equipment Improvements Vehicles Assets Total Loans to Non-Related Parties (iii) 22,614 41,396 Cost Total Current Other Financial Assets 165,114 155,553 Balance 1 July 2019 2,158,861 - 228,300 248,523 61,185 1,283,811 3,980,680 Non-Current Adjustment on transition - 2,622,105 402,508 - 84,277 - 3,108,890 to AASB 16 Loans to Non-Related Parties (iii) 25,866 20,534 Additions 193,889 - 103,108 405,822 909 - 703,728 Total Non Current Other Financial Assets 25,866 20,534 Disposals (280,713) - (85,108) (97,354) - (28,733) (491,908)

(i) A deposit is held as security with the Company’s bankers in relation to the lease of office premises at Tenancy 1001, Balance 30 June 2020 2,072,037 2,622,105 648,808 556,991 146,371 1,255,078 7,301,390 Building 10, Fleet Workshops North Sub base Platypus, 120 High Street North Sydney NSW 2060.The lease on these Depreciation premises was entered into on 1 December 2019. The interest rate as at 30 June 2020 on the deposit is 1.35%. Balance 1 July 2019 (1,146,982) - (159,173) (166,076) (16,926) (346,226) (1,835,383) (ii) A deposit is held as security with the Company’s bankers in relation to a credit card facility provided by the Disposals 268,505 - 85,108 97,354 - 28,733 479,700 Company’s bankers. The fixed interest rate as at 30 June 2020 is 0.85% renewable every three months thereafter Depreciation (339,509) (553,521) (109,279) (57,965) (29,915) (66,695) (1,156,884) until the facility is cancelled by either party. Balance 30 June 2020 (1,217,986) (553,521) (183,344) (126,687) (46,841) (384,188) (2,512,567) (iii) Loans are provided to Non-related Parties to purchase boats that may be used to provide Tackers learn to sail courses. These loans are provided at a 0% nominal interest rate but a penalty interest rate of 10% may be applied Net book value 854,051 2,068,584 465,464 430,304 99,530 870,890 4,788,823 in the instance of overdue repayments. There are 7 loans currently with clubs at 30 June 2020 (2019: 10 loans) with 30 June 2020 maturity dates between 1 July 2020 and 30 June 2023. Net book value 1,011,879 - 69,127 82,447 44,259 937,585 2,145,297 30 June 2019

Movement (157,828) 2,068,584 396,337 347,857 55,271 (66,695) 2,643,526

All depreciation charges are included within ‘depreciation expense’ in the Statement of Profit or Loss and Other Comprehensive Income.

Right of Use Assets Included in Net Carrying amount of PPE 2020 2019 $ $

Builidngs 2,068,582 - Motor Vehicles 60,198 - Equipment 341,368 - Total right of use assets 2,470,148 - ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Notes to the Financial Statements Australian Sailing Limited 30 June 2020 Directors’ Declaration

2020 2019 2020 2019 94 // 95 $ $ $ $

Note 14. Interest Bearing Borrowings Note 11. Trade and Other Payables Loan Payable - 215,816 Accounts Payable 519,373 865,313 Total Loan Payable - 215,816 Accrued Expenses 139,805 460,474 GST Liability 481,009 24,527 Other Creditors and Accruals 6,040 42,510 Note 15. Equity and Reserves Total Trade and Other Payables 1,146,227 1,392,824 Natural Disaster Relief Fund (i) 30,000 30,000 Note 12. Deferred Revenue National Training Centre funding (ii) 855,921 922,616 Club Membership Fees in Advance - 233,572 Other Capital Asset funding (iii) 1,067,097 1,238,251 Revenue in Advance 83,823 97,404 NSW Contributed Funds(iv) 242,455 242,455 Grants in Advance 3,414,365 1,996,895 Accumulated Funds 1,184,409 246,505 Grants in Advance Performance Asset Funding 790,998 761,994 Total Reserves 3,379,882 2,679,827 Total Deferred Revenue 4,289,186 3,089,865 (i) The Natural Disaster Relief Fund was established to enable Australian Sailing to respond on a case-by-case basis to Movement in Grants In Advance affiliated Clubs and MYA’s unable to pay their membership fees as a consequence of being affected by drought or At 1 July 1,996,895 1,850,418 some other natural disaster. Received during the Year 14,087,338 10,599,477 Released to Revenue (12,669,868) (10,453,000) (ii) A Marina Deck has been constructed at the National Training Centre at Middle Harbour Yacht Club using a grant from the Australian Sports Commission. The Marina Deck has been recognised as a Fixed Asset (refer Note 10 At 30 June 3,414,365 1,996,895 above) during the year ended 30 June 2014 as well as further costs on this project since 1 July 2015, and the grant, Movement in Grants In Advance Performance Asset Funding whilst released as income each financial year to match any expenditure on the project, has been recognised as a At 1 July 761,994 1,007,619 reserve to offset future depreciation of the asset.

Received during the Year 143,208 88,830 (iii) Other assets including computer equipment, coach boat motors, a motor vehicle, boats and equipment have been Released to Revenue (114,204) (334,455) acquired using grant funding from the Australian Sports Commission. These assets have been recognised as a Fixed At 30 June 790,998 761,994 Asset (refer Note 10 above) during each year ended 30 June, and the grant, whilst recognised as income during the year, has been recognised as a reserve to offset future depreciation of the asset. Note 13. Employee Benefits Liabilities Current (iv) Funds contributed following on from the deregistration of Yachting NSW Incorporated. Provision for Annual Leave 360,870 347,319 Provision for Long Service Leave 197,831 240,501 Total Current Employee Benefits Liabilities 558,701 587,820

Non-Current Provision for Long Service Leave 141,507 109,822 Total Non Current Employee Benefits Liabilities 141,507 109,822 ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Notes to the Financial Statements Australian Sailing Limited 30 June 2020 Directors’ Declaration

2020 2019

96 // 97 Note 18. Related Party Transactions $ $ There were no related party transactions during the year.. Note 16. Auditor Remuneration Note 19. Key Management Personnel The Auditor of Australian Sailing Limited is Ernst & Young. Amounts received or due and receivable by Ernst & Young for: During the year, the company had 9 Directors, with nil remuneration. An auditor review of the financial report of the Company 59,500 59,500 In addition to above there were 8 Key Management Personnel (in 2019 there were 8). Other services in relation to the Company 16,000 16,000 Total Compensation to Key Management Personnel was as follows: Total Auditor Remuneration 75,500 75,500 2020 2019 Note 17. Leases $ $

Australian Sailing has contracts for various items of Plant Machinery, vehicles and buildings used in its operations. Short-Term Employee Benefits 1,212,841 1,208,305 These have been recognised as a liabilitiy in the statement of financial position as follows: Post-Employment Benefits 49,422 28,165 Other Long term Benefits - 36,718 2020 2019 Total Compensation 1,262,263 1,273,188 $ $

Leases Current Note 20. Significant Events after Balance Date Leases Current - Buildings 367,322 - There were no significant events after balance date. Leases Current - Motor Vehicles 13,837 - Leases Current - Equipment 58,802 - Note 21. Members Gaurantee

Total Leases Current 439,961 - The Company is incorporated under the Corporations Act 2001 and is a Company limited by guarantee. If the Company is wound up, the constitution states that each member is required to contribute a maximum $1 each towards meeting

Leases Non Current any outstanding obligations of the entity. At 30 June 2020, the total amount that the members of the Company are liable to contribute if the Company wound up is $8 (2019: $8). Leases Non Current – Buildings 1,776,395 - Leases Non Current – Motor Vehicles 56,601 - Leases Non Current – Equipment 293,240 - Total Leases Non Current 2,126,236 -

Australian Sailing has elected not to recognise as a lease liability short term leases (12 months or less) or leases for low value assets The expense payments relating to items not included in lease liabilities are as follows

2020 2019 $ $

Short Term Leases 213,894 - Leases of low value assets 18,504 - 232,398 - ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

Australian Sailing Limited Notes to the Financial Statements 30 June 2020

In accordance with a resolution of the directors of Australian Sailing Limited, 98 // 99 Directors’

I state that: Ernst & Young Tel: +61 2 9248 5555 200 George Street Fax: +61 2 9248 5959 Declaration Sydney NSW 2000 Australia www.ey.com/au GPO Box 2646 Sydney NSW 2001 1. In the opinion of the Directors of Australian Sailing Limited: (a) The financial statements and notes of ustralianA Sailing Limited are in accordance with the Corporations Act 2001, including: Independent Auditor's Report to the Members of Australian Sailing (ii) Giving a true and fair view of its financial position as at 30 June 2020 Limited and of its performance for the financial year ended on that date; and

(iii) Complying with Australian Accounting Standards - Reduced Disclosure Opinion

Requirements (including the Australian Accounting Interpretations) and We have audited the financial report of Australian Sailing Limited (the Company), which comprises the the Corporations Regulations 2001; statement of financial position as at 30 June 2020, the statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, notes to the financial statements, including a summary of significant accounting policies, and the directors' declaration. (b) There are reasonable grounds to believe that Australian Sailing Limited will be able to pay its debts as and when they become due and payable. In our opinion, the accompanying financial report of the Company is in accordance with the Corporations Act 2001, including:

Signed on behalf of the board: a) giving a true and fair view of the Company's financial position as at 30 June 2020 and of its financial performance for the year ended on that date; and

b) complying with Australian Accounting Standards – Reduced Disclosure Requirements and the Corporations Regulations 2001.

Basis for Opinion

We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under Daniel Belcher those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Report section of our report. We are independent of the Company in accordance with the auditor Director independence requirements of the orporations Act and the ethical requirements of the Accounting Dated the 21st September 2020 Professional and Ethical Standards Board’s APES 110 ode of thics for rofessional Accountants (including Independence Standards) (the Code) that are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Information Other than the Financial Report and Auditor’s Report Thereon

The directors are responsible for the other information. The other information is the directors’ report accompanying the financial report.

Our opinion on the financial report does not cover the other information and accordingly we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit or otherwise appears to be materially misstated.

A member firm of Ernst & Young Global Limited Liability limited by a scheme approval under Professional Standards Legislation ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Financial Report

100 // 101

If, based on the wor we have performed, we conclude that there is a material misstatement of this other • Conclude on the appropriateness of the directors’ use of the going concern basis of accounting and, information, we are required to report that fact. e have nothing to report in this regard. ased on the adit eidence otained hether a aterial ncertaint eists related to eents or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s Responsiilities of the irectors for the Financial Report report to the related disclosres in the financial report or if sch disclosres are inadeate to odif or opinion r conclsions are ased on the adit eidence otained p to the date of or he directors of the Company are responsible for the preparation of the financial report that gives a true auditor’s report. However, future events or conditions may cause the opan to cease to and fair view in accordance with ustralian ccounting tandards – educed isclosure equirements contine as a oin concern and the Corporations ct and for such internal control as the directors determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material • Ealate the oerall presentation strctre and content of the financial report incldin the misstatement, whether due to fraud or error. disclosres and hether the financial report represents the nderlin transactions and eents in a anner that achiees fair presentation In preparing the financial report, the directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters relating to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so. e conicate ith the directors reardin aon other atters the planned scope and tiin of the adit and sinificant adit findins incldin an sinificant deficiencies in internal control that e identif drin or adit Auditors Responsiilities for the Audit of the Financial Report

ur obectives are to obtain reasonable assurance about whether the financial report as a whole is free

from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. easonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the ustralian uditing tandards will always detect a material misstatement when it exists. isstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of Ernst on users taen on the basis of this financial report.

s part of an audit in accordance with the ustralian uditing tandards, we exercise professional udgment and maintain professional scepticism throughout the audit. e also aniel nninha • Identify and assess the riss of material misstatement of the financial report, whether due to fraud Partner or error, design and perform audit procedures responsive to those riss, and obtain audit evidence Sdne that is sufficient and appropriate to provide a basis for our opinion. he ris of not detecting a 1 Septeer 00 material misstatement resulting from fraud is higher than for one resulting from error, as fraud

may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• btain an understanding of internal control relevant to the audit 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.

• valuate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

member firm of rnst oung lobal imited iability limited by a scheme approval under rofessional tandards egislation

A eer fir of Ernst on loal iited iailit liited a schee approal nder Professional Standards eislation

ANNUAL REPORT 2019/20 // Australian Sailing Section i / 1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 // Australian Sailing Staff

Position as at 30/06/2020 Name Commenced

102 // 103 Australian Sailing Staff As at 30 Jun 2020 Safety, Rules and Regulations

Head of Safety Rules and Representation Glen Stanaway March 2006

Safety Ruels and Representation Coordinator Melanie Peasey November 2019 Position as at 30/06/2020 Name Commenced

Club Services & Operations Corporate Chief Operating Officer David Edwards January 2011 Chief Executive Ben Houston March 2019 Regional Manager NSW-ACT & Deputy Chief Instructor - Keelboat Carl Webster October 2016 Chief Operating Officer David Edwards January 2011 Club Services Officer NSW-ACT & Chief Instructor - Powerboat Craig Ferris March 2015 Head of Finance and Corporate Services Manuel Vlandis October 2018 Regional Manager QLD & NT Ben Callard March 2009 Financial Controller Brian Chalmers April 2011 Club Services Officer QLD Grant Willmott January 2017 Finance Manager Jeannie Lee February 2007 Club Services Officer QLD Annie Watson November 2018 Finance Officer Toby Chu July 2017 Club Services Officer QLD Alison Turner July 2019

Club Services Officer NT Claire Hall July 2015 Commercial and Communications Regional Manager VIC Gavin Wall January 2012 Head of Commercial and Communications Michael Martin June 2018 Club Services Officer VIC Adam Gristwood August 2016 Marketing and Communications Coordinator Carinda Palmer July 2019 Club Services Officer VIC Sue Phillips September 2016 Programs, Education and Online Services Club Services Officer VIC Clare Ridgway February 2018 Head of Programs and People Chris Tate May 2013 Club Services Officer VIC Olivia Newman October 2019 Online Services Manager Chantal Lawrence July 2011 Regional Manager SA Ian Leeson June 2012

Education and Training Manager Federico Guzzo August 2016 Club Services Officer SA Emma Short September 2014

Ratings Manager Nicolas Degorce April 2019 Club Services Officer SA Nicholas Neale January 2019

Education & Training Administrator Jenny Welsh November 2015 Regional Manager TAS Chris Jones March 2018

Education & Training Officer Greg Dixon December 2015 Events Coordinator TAS William Sargent October 2019

Chief Instructor - Dinghy & Windsurfing Chris Goldacre September 2009 Regional Manager WA Andy Fethers September 2018

Deputy Chief Instructor - Dinghy Sean Hogan September 2017 Club Services Officer WA Kate Wearn December 2018

Chief Instructor - Keelboat Nickie Jones July 2016 Club Services Officer WA Jenn Suffield February 2019

Chief Instructor - Safety & Sea Survival Tony Dillon August 2018 Manager, Regattas & Events Lesley Fasala December 2013 ANNUAL REPORT 2019/20 // Australian Sailing

Position as at 30/06/2020 Name Commenced 104 // 105

Performance Performance Director Iain Murray October 2017 Performance Manager Caroline Brisebois August 2017 High Performance Network Lead Melissa Wilson February 2020 SSSM Manager and National Nutrition Lead Benita Lalor June 2018 Technical and Performance Analysis Sam Ellis July 2017 Operations and Logistics Coordinator Harrison Fullard May 2019 Performance Program Coordinator Amanda Fitzgerald June 2017 Administration Coordinator Tatiana Kovalenko March 2002 Physical Performance Coordinator Geoff White July 2017 NSW State Head Coach Tristan Brown April 2016 Head of State Coaching Victoria Carrie Smith April 2018 Queensland State Head Coach Ashley Brunning Jun 2015 Physiotherapist Ashley Wolff December 2018 Australian Sailing Team Technical Expert Andrew Lechte March 2013 Australian Sailing Team Coach - Nacra 17 Darren Bundock Feb 2016 Australian Sailing Team Coach - Multihull Emmett Lazich April 2009 Australian Sailing Team Coach - 49er Euan McNicol January 2018 Australian Sailing Team Coach - Laser Michael Blackburn February 2009 Australian Sailing Team Junior Performance Engineer Paul Darmanin September 2018 Australian Sailing Team Coach - Finn Rafa Trujillo Villar December 2017 Australian Sailing Team Coach - 470M October 1997 sailing.org.au