MULTIPLE SCLEROSIS SOCIETY OF THE ACT ANNUAL REPORT 2006 – 2007 MULTIPLE SCLEROSIS SOCIETY OF THE ACTT ANNUAL REPORT 2006 – 2007

HONORARY LIFE MEMBERS

William Penson

Pam Judge

Lady Enid Cummings*

Miss Gloria McKerrow*

Sir John Overall CBE, MC & Bar*

Daphne Hargreaves CONTENTS

John Mann 0 Honorary Life Members 10 Chief Executive Officer’s Report

Dianne Moir 2 Multiple Sclerosis (MS) at a Glance 11 Sharon Eacott: MS ACT Advocate

William Gibson* 3 Client Survey 2006 Summary 12 Outreach Services Report

Margaret Heap 4 Values 13 Fundraising and Marketing Report

Brian Adams 5 Organisational Structure 15 MS Readathon

ADM Alan Beaumont AC, RAN (Rtd)* 6 Our Governance 16 Volunteers

Mark Goodall 7 President’s Report 17 MSRA Report on MS Research

Cover Photos: 8 Treasurer’s Report 18 Financial Report Fun Run Walk 2006 walkers, MS Advocate Dr Mary Webb, * denotes deceased MS Readathon 2006 9 Mary Webb: MS ACT Advocate 35 Sponsors and Supporters CLIENT AND MEMBER MS IN AUSTRALIA: SURVEY SUMMARY AT A GLANCE OCTOBER 2006

Prevalence • Australians with MS pay $160 million Carers There were 159 respondents included in The most common ways to manage 83% always and 12% mostly feel treated per year out of their own pockets the analysis, 95% with MS and 4% carers, impacting symptoms were rest (30%) with care and respect when contacted • In 2005 16,080 people • Informal carers provide an average in health costs partners and family members. and medication (21%). by the MSS. No one disagreed with had MS in Australia 12.3 hours a week to people with MS this statement. 95% are happy to make QLD: 2321; NSW: 4555; • The cost of replacement care is contact with the MSS as the need arises, VIC: 5087: TAS: 658; Employment The ratio of male to female respondents The most common sources of advice on $260 million (43% of direct cost of MS) and 30% are managing their MS so did SA: 1278; NT:38; was 1 to 3.6. The average age was symptom management were doctor (26%) • Lower rate of full time employment not contact in the last year. WA: 1645; ACT: 500 50 years (range 25-72), age at diagnosis and neurologist. 64% see a GP for MS, than the Australian population Private Health Insurance was 39 years and years since diagnosis with an average of 5 visits in the last year. • 75% are women (19% v 38%) was 11 years. One quarter would like the MS Society to • 70% of people with MS hold private • 87% are of working age • 80% of people with MS lose their develop social activities. health insurance despite the rising 85% see a neurologist for MS, with job within 10 years of diagnosis • Average age of diagnosis is 30 years costs and lower incomes – compared 51% were unemployed and 49% an average of 2 visits in the last year. • Prevalence in Tasmania 8-10 times • 30% higher representation in to 43% of other Australians employed. The employed work on average 59% find the Wall of Fame of interest, with part time employment 32 hours per week.. these respondents more likely to be female that of North Queensland along • Current products are not suitable in all 25% had been to hospital for MS and have low impact MS. 21% do not find the latitude gradient • Higher occupational skill level than cases for people with chronic illness in the last year. it of interest, but only 5% indicated they • Prevalence of MS increasing by the Australian population The majority (90%) lives in ACT, and would prefer it to be removed. nearly 7% to 2010 when it may 8% live in NSW. • 48% of people with MS earn less Research Only 10% were aware of the home increase to 10% pa than $300 per week compared with medicines review program, but 44% 39% of the Australian population • Current research investment in 18% have trouble getting to the MS were interested in more information. 84% receive sufficient information about MSS services. The most common source Symptoms & Impacts • Annual lost productivity is estimated Australia is 30% below average Society and 13% have trouble getting disease spending was phone the MSS (49%) at $160 million to appointments and service providers. Physiotherapy was the service most • Extreme fatigue and chronic pain • Main Australian research into The majority (72%) never use wheelchair referred (14%). It also had the most MS concentrates on Genetics, accessible taxis. 82% have ready access to the internet, • Impaired mobility and vision Care services interest (35%) followed by dietician epidemiology, Genetics and and 53% have visited the MSS website. • High co-morbidity with depression (32%) and podiatrist (29%). • 20% of all dollars spent in health neurobiology including adult stem When asked how much MS affects daily Of those who have visited, 73% were • Relationship and services in Australia on MS are spent cell research and proteomics satisfied with the information provided. activities, 37% said more than a little but 72% engage in regular exercise. The employment problems in the aged care system (study of cell chemistry) not a lot, followed by a little (30%), a lot majority had made changes to diet (68%) • High costs of chronic illness – • There is difficulty accessing basic • New treatments are coming through (21%) and not at all (9%). The categories and exercise (64%), half (51%) changed 87% read the Swag newsletter, with 45% can be as high as 20% of income Health and Community Care (HACC) for clinical trials – despite being were combined for subsequent analysis, dietary supplementation and over a quarter mostly happy, 25% always happy, 13% spent on health disability services recognised for 160 years, only 2 with 59% having high impact MS and 39% (27%) changed to meditation. About a sometimes happy and 1% not happy with treatments have been released since with low impact MS. third were interested in more information the current standard. The aspect with the most “very important” ratings was research Burden of disease Welfare 1998. Another treatment is now on these aspects. available overseas (Tysabri) and Those with high impact MS were older, updates (47%). 72% were interested in • MS costs Australia $2 billion per year • 40% of working age people with has been approved for use in Australia; themed issues of Swag, and 74% were have had MS for more years, more likely 23% need services they don’t receive, MS are recipients of disability however, it first needs to be added to happy with the title Swag. 86% agree that • Loss of productivity costs to be male, unemployed, and have trouble and 15% need more access to services support pension - equating to the PBS (anticipated in November the current frequency is appropriate. $150 million per year with accessibility. they already receive. 5% Australian Population 2007). A raft of potential treatments is • The replacement cost of informal in phase 2 and 3 clinical trials. 82% indicated they are financial members care provided to Australians with 56% have someone who supports them The most common sources of additional of the MS Society MS is $250 million with daily activities or care needs. These support were community services (9%), respondents were significantly older, have household help (8%) and carers (7%). had MS for more years and more likely to The services with the highest proportion have high impact MS. of “very satisfied” ratings were 85% feel the MS Society is providing immunotherapy training (88%), remedial Prevalence of MS in the ACT is around them with a satisfactory service. The 98 per 100,000, this compares to 71 Fatigue was the most common symptom massage therapy (79%) and support average satisfaction rating was 8 out of groups (76%) for NSW, 100 for Victoria and 136 for needing information or support (68%), 10. MSS has met their needs with the Tasmania. The cooler the weather, the and was also the most impacting progression of MS, the most common higher the incidence of MS. symptom (56%). response was well (42%) followed by very well (33%) and not very well (8%).

2 © 2006 Tribe Research P|L (www.triberesearch.com.au | 02 9264 4432) (All rights reserved) ORGANISATIONAL VALUES OF MULTIPLE STRUCTURE The Multiple Sclerosis Society of the ACT (MS ACT) is one of six State-based MS ACT Societies that operate as interdependent SCLEROSIS divisions of a nationwide network that STAFF exists to support and provide services to people with MS, their families and carers, Chief Executive Officer Fundraising Team SOCIETY and to fund research into the disease. Each MS Society operates under the umbrella Robbie Costmeyer, P Eng., Peter Hurford, from 30th Apr 2007. of Multiple Sclerosis Australia. (MSA) Dip Mech Eng, M Mgt Economics Glenda Tow, BA, Grad Dip Lib., OF THE ACT until 4th Jan 2007 The ultimate goal of MSA, through its Outreach Team Simon Srbovski, from 19th Feb 2007 research arm, Multiple Sclerosis Research Samantha Cursley, B Sc., B A., Catherine New, BA, Dip of Prof Writing, Australia (MSRA), is to help eliminate Grad Dip Appl Psychology, until 8th Feb 2007. MS by funding research into the nature, Care and Compassion: Grad Dip Edu., from 5th March 2007. Michael Nasser, Dip Marketing, causes, treatment, diagnosis and Sue Donaldson, B App Sc (OT), 13th Dec 2006 to 25th Mar 2007 Commitment to providing care and management of the disease. Grad. Dip. Community Counselling, support for our clients, each other Teena Cotterill, until 18 Dec 2006. until 26th Feb 2007. and the community we serve. MSA is governed by a Board that meets Helena Paul, RN quarterly and an Executive Committee MS Readathon Coordinator Sue Ellerman, Respect: (EXCO) of three which meets on a more Simon O’Dea, B Communications and frequent basis to manage the more urgent B Applied Sc (Health Education) The objective, unbiased consideration Public Relations, from 21st Mar 2007. tasks. You President, Ian Pennell, is Vice Tracy Clark RN, from 25th Sep 2006. and regard for the rights, values, beliefs President of MSA and is a member of EXCO. and property of all. Maria Simos, from 25th Sep 2006. Financial Accountant and EXCO is advised on operational matters by Personnel Officer Massage Therapists Honesty: the National Executive Coordination Team, Amy Lee, B Bus (Acc), CPA The determination to speak the truth NECT, which is made up of all of the State Verlie Kennedy; Glenda Ible; Marion with respect, without blame or fear of Chief Executive Officers plus the Executive Kain and Christine Godschalx Director of MSRA, General Manager MSA Office Coordinator and Volunteer reprisal, and with personal ownership. Coordinator To be reliable, authentic and transparent and the MSA Company Secretary. Your CEO, in all our work. Robbie Costmeyer, is the Chairman of NECT. Richard Nadin

Commitment: The commitment to the aims of the MS Society.

4 February 2007 OUR PRESIDENT’S GOVERNANCE REPORT

The Multiple Sclerosis Society of the ACT The merger of the Multiple Sclerosis CO-PATRONS: ORDINARY has responded over the past year to Society of NSW and the Multiple Sclerosis the needs of people affected by multiple Society of Victoria into one organisation Senator Kate Lundy MEMBERS: sclerosis by providing professional named Multiple Sclerosis Limited (MSL) Senator Gary Humphries and effective services and support. An and also known as MS Society NSW/VIC Tracey Cross, B Sc (Hons) Jim Quick extension to Gloria McKerrow House was has been successful and more has been completed, providing three new offices/ achieved than expected at the time of She has an extensive background in He is currently employed byDepartment of consulting rooms. These rooms enable the merger. Notwithstanding a successful medical/biological sciences, having Foreign Affairs and Trade after serving in wheel chair access and provide greater financial result in financial year 2006- attained a science degree from Melbourne the Royal Australian Navy for twenty years. MS SOCIETY OF space and privacy for client consultations. 2007, your Board decided that it should University, specialising in genetics for His wife Patricia has MS. A survey of clients and members was consider the Society’s position and its her Honours year and subsequent THE ACT BOARD completed and the many of the key future ability, in an environment of the post-graduate research at the Australian Dr Katy Gillette, BA (Hons), findings have been implemented, although increasing incidence of MS, to provide National University. President: Ian Pennell, AM PhD, AAIM there is still more to be done. appropriate services and care for those affected by MS. The Board agreed that Ian is a graduate of the Australian She has a doctorate in experimental Army Staff College, the Joint Services Katrina Muir, Dip Ed Your Board in consultation with the staff the Society should pursue the feasibility of psychology (ANU) and has completed joining MSL. All members and staff have Staff College and the Australian She is a qualified teacher and has taught has endorsed a set of Values (Care and other academic qualifications, including been informed and a final decision will Management College. In January 1987 in various roles until 1990 when she Compassion, Respect, Honesty and the Public Service Management Course. be made by MS ACT members at a duly he was appointed a Member of the joined Telstra. In Telstra and the subsidiary Commitment). These Values have been convened General Meeting of MS ACT. It Order of Australia (Military Division) for Advantra, she had various roles supporting incorporated into the Society’s Strategic David Robertson, B Sc (Arch), is envisaged that the MS ACT Board will his outstanding contribution to resource the Telecommunications and IT needs of Plan 2007-2009. The Strategic Plan be able to make a recommendation to management. He also is a Director of Federal Government clients. BArch (Hons), MBA outlines nine goals which are drawn from members in the first half of 2008. Multiple Sclerosis Australia and a member David Robertson trained as an Architect the Society’s Rules and Constitution. of the Executive Committee of the Board. In addition to these goals, the Society Alan Sims and later studied management and personal finance. He has worked in the will actively support and encourage the Again, I convey my sincere thanks to our Vice President: Dr Mary Webb, He is currently employed full time as a Department of Defence for more years role and activities of Multiple Sclerosis Co-patrons Senator Gary Humphries and Research Australia (MSRA) and Multiple Senator Kate Lundy and our volunteers for BSc (Hons), PhD staff member of the Housing Industry than he cares to remember and currently Association (HIA) Pty ltd (National Office) works as an industry analyst at Russell Sclerosis Australia (MSA), respectively. their tireless efforts and ongoing support. After completing her science degree at in the position of Assistant Director. Offices. He was diagnosed with MS in On behalf of the Board, I thank our Chief Melbourne University, majoring in biological He has been employed by the HIA for early 2004. MSA is responsible to all State MS Executive Officer and all of the staff who sciences and doing Honours in Botany, approximately 12 years. Societies and operates for the benefit of work so tirelessly throughout the year. she moved to Canberra to do a PhD at Robbie Costmeyer, Public Officer Australians with MS. It undertakes only the ANU in Plant Cell Biology. Mary was those programs and activities which Finally, I thank the Board over which it diagnosed with MS in 1999 and now and Chief Executive Officer. benefit from a national approach and add has been my privilege to preside; for their works from home as a technical editor. value. It undertakes activities that individual professionalism, constructive hard work MS Societies cannot achieve in their own and dedication in serving the best interests Treasurer: Don Cross, BA right, that benefit from economies of scale of those affected by MS. (Accounting), MBA, CA, CPA, MIIA and eliminate duplication. MSRA continues to raise funds to promote Australian MS Ian Pennell He is a Chartered Accountant, a research that contributes to the worldwide President Registered Company Auditor and a effort into the cause and prevention of MS, Canberra-based partner with KPMG. He improved treatments and ultimately a cure. has worked with KPMG for 22 years.

Secretary: Rear Admiral Oscar Hughes AO, RAN (Retired) Oscar Hughes retired from the Royal Australian Navy in late 1993 at the rank of Rear Admiral after more than forty-two years of service embracing naval aviation, general service and project management.

6 7 PROFILE OF DR MARY WEBB TREASURER’S MULTIPLE SCLEROSIS REPORT ADVOCATE FOR MS ACT

The financial year ending 30 June 2007 Financial Position Mary was diagnosed with MS on Good Despite her MS Society activities, Mary has been another positive one for the Friday back in 1995. Feeling pretty really tries to keep MS in the background The financial position of the Society Society, with a surplus of $70,067. This miserable about it, she and her husband, of her life as much as possible. While it remains strong as a consequence of is a very pleasing result in what has been Dennis, decided to visit friends out past never goes away, Mary is lucky to still have the current year’s result. Cash assets a difficult year with the movement of staff, Gunning to take their minds off it over the a relapsing–remitting course, and she tries have remained relatively constant at particularly in the fundraising area. This Easter break. Unfortunately, Dennis fell not to worry about the future. She has $435,986 despite our increased costs. result is well up on last year’s outcome off a horse and ended up with multiple recently begun working from home as a Total assets of the Society are now of $7,465, and was primarily driven by fractures in his foot, so Mary had no freelance editor, which suits the vagaries of $1,091,895 while net assets (that is increases in grant income, particularly choice but to quickly swap from ‘cared for’ her symptoms, as she can take on more total assets less all liabilities) now grants of $79,500 to build three new to ‘carer’! or less work as necessary. This also allows also exceed $1m at $1,031,212. offices, and other improvements to her to spend quality time with Dennis and Gloria McKerrow House. Mary was born in Melbourne, but has lived their two beautiful teenagers, Alice and An important result for 2006/2007 has in Canberra for the past 20 years, moving Max, and get involved in activities with them. been our ability to increase spending or Revenue and Fundraising here to do a PhD in plant cell biology. absorb cost increases this year when She had already switched from research Last year, Mary was lucky enough to be compared to last year and still finish the Total revenue for the Society was into science education when she received invited to attend the MS Society’s staff year with a small increase in cash assets. $1,032,315, an increase of 20% over the her MS news. Ongoing leg problems led team-building workshops, and keeps previous financial year. Whilst this level of to another career move, as part of her job in mind a question the facilitator asked: revenue growth is significant, expenditure Robbie and his team have done a great was to organise events for students but ‘Have you done anything this year that also increased. Consistent with this years job on the financial front. she got increasingly worried that her legs you’ve never done before?’ Mary was strategy the Board will still be focussing would let her down. She was fortunate pleased that she had, and considers that on the ‘top line’ significantly in 2007/2008. The Year Ahead to secure a position as a science editor to be a really good goal for everyone. At A minimal increase in revenue limits our and writer for a small business, and felt that workshop she answered that she’d ability to expand the delivery of services I expect that this coming year will be that would be a good move as it wouldn’t been to a ‘Goth’ rock gig and worked to those with MS. one of further growth, but it is becoming matter what her legs got up to. MS being as a Census collector. This year, she has increasingly difficult to grow revenue from what it is, however, the legs cleared up entered cakes in the Canberra Show, Expenditure our traditional sources. New thinking in and she started getting cognitive and learnt the basics of ribbon embroidery, relation to revenue raising is needed and visual problems. Not so good for editing! and gone downhill skiing. Next year, Expenses, at $962,249 were up 13% on the board is working hard with Robbie Fortunately, they cleared up after a while too. who knows? the previous year. Expenditure increased and his team on this front. across all significant categories reflecting a combination of increased activity but Mary has been on the MS ACT Board Our budget for the year has also identified also a continuing rise in our core costs. since 2002 and has been Vice-President increases in services which will benefit We continue to operate in a tight since 2003. She enjoys the chance to members and clients. Our ability to achieve employment market which is pushing make a contribution to the Society and this is a result of the past hard work of the up the demand for our staff and hence also tries to volunteer in other ways MS Society’s staff and its many volunteers. salaries and associated on-costs. whenever she has time. She finds it inspiring to meet other people with Don Cross MS and learn how they cope with Treasurer their challenges.

A few years ago, Mary was asked to train as an advocate and join representatives from other states in this role. In the ACT, this mainly involves accompanying lobby groups to parliament and making presentations. Mostly this is very rewarding, but Mary was somewhat bemused when once she said ‘yes’ to giving a talk before being told it would be in front of the prime minister, Betty Cuthbert, and a large gathering of media! (See picture: but you can’t see the sweat!)

8 9 PROFILE OF SHARON EACOTT CHIEF EXECUTIVE MULTIPLE SCLEROSIS OFFICER’S REPORT ADVOCATE FOR MS ACT

Dear Members and supporters indicated to management and staff Sharon was diagnosed with multiple Sharon retired from the APS last year and alike that we were doing fairly well. sclerosis (MS) in April 2000. is now working as a freelance Commercial Your Society has largely met the objectives Of respondents to the survey: Writer. She volunteers at the Society’s as set out in the 2004-2006 Strategic • 85% feel the MS Society is Sharon came to Canberra in 1998 as `front desk on occasion, visits schools Plan, which were to: providing them with a satisfactory part of the Graduate Program for the for the Society, and is putting together a comprehensive Procedures Manual for • provide quality services to people service - the average satisfaction Department of Defence and continued rating was 8 out of 10 working as a Public Servant until August operations at Gloria McKerrow House affected by multiple sclerosis (MS) when time permits. in a fair and equitable manner • 83% “always” and 12% “mostly” 2006. While in Defence she carried out feel treated with care and respect a great deal of work aimed at raising • establish links with, inform, and awareness of disability issues and improving She is known for talking far too much educate government, government when contacted by the MS Society. No one disagreed with this statement disabled access to departmental buildings and for her World Famous Ginger Fruit agencies, the corporate sector and and hazard reduction in the workplace. Cake. She lives in Queanbeyan with her • 95% are happy to make contact with the wider community about MS This work led to her being awarded an cat Tasha and a somewhat drought- the MS Society as the need arises. • achieve operational excellence, Australia Day Medallion in January 2004. withered garden. recognise exceptional performance A copy of the citation is displayed on by our staff and volunteers and retain However, there is always room for be needed to complete this work. These the Wall of Fame at Gloria McKerrow Sharon considers it a privilege to speak and enhance the skills of these people improvement and the response to one new offices are to cater for the anticipated House. She was also later awarded a for other people with MS who may not survey question revealed that 23% • assist in finding a cure for MS; and increase in Outreach Services staff over Commendation by the Head, Defence otherwise have the opportunity to have need services they don’t receive, and the next few years. The storeroom would Personnel Executive, in recognition of their views heard and would like to • develop the Society’s potential. 15% need more access to services free up the Gibson Room to allow exercise her work in promoting Equity awareness encourage everyone to become involved they already receive. This provides an and meditation classes to be run during within the Defence Organisation. and to contact the advocacy team if there This is despite the loss of a number of staff enormous financial challenge in the years business hours. is an issue they want raised or a solution during the year which has been endemic in to come as not only is there unmet need Sharon has taken a keen interest in the they can propose. the industry over the past year or so and is amongst current clients, client numbers From a financial perspective, total revenue issues affecting people with MS in both the likely to get worse as unemployment rates are expected to increase by 7% from 2005 for the Society was $1,032,315, an ACT and the wider Australian community continue to decrease and salaries in the to 2010 and 10% per annum thereafter, increase of 20% over the previous financial and has been a part of the Multiple public sector continue to outpace those according to the Access Economics year, but expenditure also increased, by Sclerosis Society of the ACT’s advocacy that the not-for-profit sector can afford. Report on the Economic Impact of MS 13%. The net positive balance was a team since early 2004. She has lobbied However, staff work at the Society primarily launched in Sep 2005. pleasing outcome. The financial ratios are members of both houses of Federal because they are committed to helping all very healthy and augur well for another Parliament as a direct representative of people with MS, but reasonable wages During 2006-2007 an additional $53,000 good year. the Society and has recently performed a are important too. was spent on Outreach services, which number of duties with the Chronic Illness exceeded $260,000. Funding from I take this opportunity to thank all staff, Alliance on the Society’s behalf. A new Strategic Plan for 2007-2009 has the ACT Government of $63,000 is an past and present, Board members, been developed and is available on our important contributor to this expense. In members and volunteers for their Since taking on the role of MS Advocate, website www.ms.org.au. overall terms, our fundraising team raised contribution, dedication and support Sharon has produced articles for a net $254,518 compared to $243,160 throughout the year. The Society could not publication in the mainstream news, last year and $244,689 two years ago. Our During a set of workshops in December to function effectively without your help. My including an Op Ed piece on stem cell four car raffles raised a net $82,565 which February, staff and management agreed sincere thanks also go to our sponsors research published in The Age, as well as is the lowest in four years. However, there on a set of values, which was a first for the and other supporters. assisting in the production of submissions are signs that sales are improving, which Society. The values adopted were: Care to government enquiries and the Access and Compassion, Respect, Honesty, and should auger well in 2007-2008. Robbie Costmeyer Economics report into the economic Commitment. You will find these values Chief Executive Officer impact of MS in Australia which was displayed in the foyer of Gloria McKerrow With the assistance of three grants launched in September 2005. She has House soon, but more importantly, these totalling $79,500, three new offices appeared before the Senate Community values are being practiced by staff already. were built and commissioned in October Affairs Committee Hearings into the 2006 and other improvements to Gloria Welfare-to-Work legislation and, more A major survey of clients and members McKerrow House were also funded from recently, the hearings into changes to the was undertaken in 2006 and the summary these grants. Plans have been approved legislation governing Private Health Insurance. of the findings appear elsewhere in this for two more offices and a storeroom to be report. A few extracts from this report built in the coming year but $140,000 will

10 11 OUTREACH SERVICES REPORT FUNDRAISING The 2006-2007 financial year was again of people newly diagnosed with MS based on this approach will be developed a busy one for the Outreach Team. It and 28 people were commenced on soon for clients to experience. Sue Ellerman has seen some major re-arrangement immunotherapy for the first time. attended a meditation retreat at the Gawler within the Outreach staff with the arrival of Institute in Melbourne and new groups REPORT Tracy Clark, Maria Simos and I. Massage The team is also required to conduct at involving meditation are also in the pipeline. Therapist Christine Godshalx began in least 10 educational sessions per year Despite a tumultuous year which saw two Many thanks too to the intrepid team of April to provide holiday relief at the Society. and this target was once more exceeded. Helena Paul was invited to present at the Fundraising Managers come and go the volunteers, which include our mail stuffers, New offices were built and staff moved Among these, the team conducted three first MS Nurses Forum in Singapore in May. MS CAR RAFFLE fundraising team still managed to raise ticket sellers and part time data entry into these much- appreciated facilities newly diagnosed information sessions Helena’s speech titled “The challenges slightly more funds than in the previous operators. Special thanks go to volunteer RESULTS 2006-7 in October. The efficient heating and and a series of MS education sessions facing people with MS” focused on clinical two years, a net $254,518, compared Ian Pennell for his auditing guidance in the cooling in the new rooms was particularly for medical students from the ANU. The practice issues relating to MS and was to $243,160 last year and $244,689 final weeks of BMW raffle 44. Our largest welcomed by all! Outreach staff were regular contributors very well-received. Mini Cooper Raffle No 41. two years ago. Glenda Tow and Michael fundraiser, the four car raffles, raised a net of articles for the SWAG newsletter and (11,330 tickets sold.) Nasser moved on to new careers during $82,565, which is the lowest in four years, The number of significant staffing changes a number of in-services were provided to The Outreach Team as always was involved the year as did two fundraising assistants, probably due to the disruption caused by Winners Mr. P. McGuire, Farrer ACT resulted in a major staff shortage for a develop staff information technology skills. in presenting the annual MS Awareness Catherine New and Teena Cotterill. The the fundraising staff turnover. However, Advance Buyers Prize of $2000 quarter of the year. The Outreach Team Week activities in June, including assisting Society wishes them all well in their new there are signs that sales are improving, was Mrs. R Roberts, Fisher ACT. consisted of only one MS Nurse and three Massage therapy services at the Society with the MS Symposium at the Hellenic careers and especially thanks them for as may be seen below, which should part-time outreach staff during July, August were again extremely well received by Club. An MS and Legal Issues workshop their individual contributions. auger well for 2007-08. A system of and most of September 2006. Recruitment BMW Raffle No. 42. service users. An average of 47 people was also organized for the week and was contacting volunteers by email to better to fill the two vacant positions began in with MS were provided with massage well-attended by service users and local (14,500 tickets sold.) Simon O’Dea and Simon Srbovski joined coordinate the car raffle ticket sale roster July and ultimately Maria Simos and Tracy per month during the year. The massage service representatives. the fundraising team during the year and commenced a trial in August 2007. Winners were J. Finley, Clark were appointed, as Outreach Worker therapy team currently consists of Glenda are working hard with Peter Hurford and Jerrabomberra NSW and Immunotherapy Nurse respectively, Ible (Monday, Tuesday and Wednesday In terms of administrative changes in Richard Nadin to raise even more money Advance Buyers Prize of $2000, in late September 2006. Senior Outreach at the Society and home based massage the service, new policies around client to support an ever-growing Outreach Mr. D.H .Jessup, Sorell Tas. Worker Sue Donaldson finished in her south side), Verlie Kennedy (Thursday at file-keeping and clinical supervision were Services need. position in February and with an increase the Society), Marion Kain (home based to fulltime hours for this role, I began developed and the transfer of files into massage north side) and Christine the wonderful new file compactus facility Mini Cooper Raffle R43. as the Manager of Outreach Services Godshalx began in April to provide (12,400 tickets sold.) in March 2007. was completed. From March, Outreach needed holiday relief at the Society. Staff have enjoyed attending regular staff Raffle 43, Winners meetings to exchange information and Mrs. J. Liebke, Chifley ACT The Outreach Team has certain benchmarks Weekly yoga at the society continued this develop more efficient systems for tracking that must be met by our Government Advance Buyers Prize of $2000, year, with a brief break over the Christmas resources, providing feedback and Top: Patricia Quick, 2006 Fun Run Walk funding agency and despite the staffing period. The yoga teacher, Elita MacKay, is problem-solving. Female Wheelchair winner Mr.D.Darrell, EVATT ACT. disruptions; the team has once more trained in the gentle but effective Dru yoga Left: Joy Liebkie, Winner of MINI Raffle 43 met and exceeded our contractual approach and the Outreach Team continue BMW Raffle 44. requirements. The service is required to I would like to extend a big warm thankyou Right: CEO, Robbie Costmeyer, to receive fantastic feedback about the congratulates Phil McGuire, of Farrer, provide at least 600 information sessions to the very dedicated and highly-skilled (15,700 tickets sold) Wednesday evening classes. Outreach Team for their ongoing professional ACT. Winner of Mini Raffle No 41. and referrals every year. The team provided Winner Mr. S. Anderson, Netherby SA client services in 1292 instances, with 660 service provision at the Society. It has The Outreach Team has been involved been an absolute pleasure getting to Advance Buyers prize of $2000, of these being information and/or referral Mr. S. Mustapha, Chipping Norton NSW sessions. This represents a slight decrease in a wide range of interesting activities know the staff and I look forward to the on the previous financial year, most likely and special projects. The “Reconnect” team together meeting the challenges of due to the staff shortages mentioned earlier. resource pack was launched in February the next financial year and continuing to 2007 and has brought together into improve services for people with MS and one place highly useful and up-to-date their support people alike. The Outreach Team serviced an average information on services appropriate for of 335 people per quarter over the people with MS. Maria Simos completed Samantha Cursley past financial year. There were 61 initial her “Seasons for Growth” companion Manager of Outreach Services contacts made, largely consisting training and it is hoped that new groups 2006 CHARITY MSIF GLOBAL FUN RUN WALK GOLF DAY DINNER PARTY MS READATHON The 15th annual Fun Run Walk was The other major community event is Members were invited to raise fund for again staged successfully with over the Slaven Mazda MS Charity Golf global MS research by hosting a dinner 330 participants registering. This is our Tournament, held in early March each party or some other event in early February largest MS awareness event for the year year. Slaven Mazda has been a major and one of our members accepted the 2007 and involves many aspects of our local naming rights sponsor of this event since challenge and held a small dinner party. community, including the participants, their the inaugural MS golf day in 2001. It The event was successful and $200 funds sponsors and family, some 30 volunteers, was great day with 12 of the 18 of holes were raised. The Society appreciates all 2007 was an interesting year for the 10,000 registration forms were handed Contributing to the total amount raised our sponsors and our staff. Our major corporately sponsored. The Lions Club supporters who can initiate successful MS Readathon, with a number of out across the ACT region, making the have been some outstanding fundraising sponsor, Rolf Motor Group, has supported of Gunghalan provided eight volunteers, activities, large or small. trends emerging in every State and program more open and accessible to stories. Readathon participant Cameron us for some six years and over the past offering refreshments, marshaling and Territory. Some anomalies, such as children, both in remote communities Cox stands as the top fundraiser for two years Sheering P/L has also provided finally cooking up a storm to feed the very web registrations outnumbering mail and within Canberra. the ACT, and second top fundraiser in substantive sponsorship. We also thank all hungry players. This was the first time this registrations, challenge conventional Australia, with an incredible $10,000 raised the perpetual shield sponsors and those Lions Club has been involved in the event perceptions of how similar mechanisms Students from remote schools such as for the MS Society. Other students have sponsors who donated prizes for the barrel and we look forward to their support for will function in programs that rely on Tarago Public School, located between also showed-off their fundraising abilites, draws. All of these are acknowledged many years to come. registration from external stakeholders. Canberra and Batemans Bay, illustrate this with local student Callum O’Flaherty raising on our web site and in the rear of this Far from being a hindrance, these perfectly. Students at Tarago are given an $3,200, and Hayley Moore of Goulburn deviations acted as a source of strength trumping her 2006 achievement, raising publication. This event raised $24,000. The entire event raised not only MS profile equal opportunity to Canberra schools to for the 2007 MS Readathon, because $3,500. With the assistance of Greater in the corporate sector and the golfing both participate in the MS Readathon and for any system to be truly adaptive and Union Cinema in Manuka, we were able community but also raised $13,000 for to host a school visit from a community reflexive it must be able to analyse and to thank our top fundraisers with a special MS ACT. Finally we would like to thank the representative. In this way all Australian respond to change as it presents itself, premiere screening of the children’s movie Gungahlin Lakes Golf Club for assisting students can learn more about both DECEMBER 06 and operate accordingly. Ratatouille, four days before the film was with the preparation of the event, providing multiple sclerosis and what the Multiple shown to the public. substantial discounts for catering and Sclerosis Society does, with the messages Whilst most Canberra’s were out stocking beverages and setting up on the day. In 2007 the ACT office took direct that they receive having a lifelong impact up for the festive season dedicated responsibility for more schools than on awareness and action. With a high level of positive community MS Volunteers were again out either ever, covering a wide geographical area. feedback, 2008 looks set to build on the manning the Charity Card shop selling Community representatives visited a total At the time of writing, sponsorship funds strengths of 2007 for an even stronger year. Christmas cards in Civic and Tuggeranong of 136 schools in areas as far north as are still arriving and present figures put the or wrapping presents. Thank you to all the Rugby, 160 km north of Canberra, as ACT in a strong position. Over $200,000 has card sellers and present wrappers who Simon O’Dea far west as Lockhart, and everywhere been raised to date and with funds still assisted us. These activities raised MS Readathon State Manager in between Ulladulla and Bega. Nearly being processed, this figure is sure to climb. some $3,600.

Above: 2006 Fun Run Walk, female U18 winners. Top: 2006 Fun Run Walk, female U12 winners. Middle: Meet the new MS ACT, Fundraising team, Left to Right: Richard Nadin, Office Coordinator & Volunteer Coordinator, Simon O’Dea, Readathon Coordinator, Simon Srbovski, fundraising assistant, Peter Hurford, Manager Fundraising. Bottom: Fun Run Sept 10, 2006. MP Annette Ellis aboard “Bronty” high above! Before she fires the starting pistol.

14 MS RESEARCH AUSTRALIA VOLUNTEERS 2006–07 REPORT CARD

Volunteers are the lifeblood of community- Richard Nadin is our Volunteer Coordinator based organizations such as the Multiple and he has commenced a big exercise Sclerosis Society of the ACT and we to update our volunteer register to delete are fortunate to have a network of those no longer able to help or who may willing volunteers who support the MS have moved on, and to ensure that the MS research enjoyed another year And in Canberra, there were two major Australia’s partnership of a major MS community in different ways. tasks of interest to individual volunteers of rapid growth and development. MS projects continuing with significant research conference in London, in June are shown accurately to minimize the effort Fundraising during the year increased MSRA support: 2007, was another high point of the year, The Society has many and varied required to match volunteers to jobs. by 39%, expenditure on research with Professor Trevor Kilpatrick (from opportunities for volunteers – from increased to $1.27 million and a further • The MS Life Study, a longitudinal study Melbourne University) speaking about the providing companionship and support Many volunteers deserve recognition $1.87 million was allocated to ongoing coordinated from Canberra Hospital Epidemiology of MS and featuring our to people with MS in their own home or and every year this is usually done and future projects. (via Dr Rex Simmons) looking at the Ausimmune Study. The ‘MS Frontiers’ taking them shopping, to volunteering for during MS Awareness Week. A number quality of people’s lives with MS, and Conference emphasized the new potential special events such as the MS Golf Day, of volunteers received a certificate of The major MS research initiated or of both genetic research in MS and the MS Fun Run Walk and selling car raffle appreciation during the year and these supported during the year included: need to focus on human tissue for further tickets. Stuffing letters for the various included Dr Katy Gillette, Dr Mary Webb, • The Ausimmune study – coordinated discoveries These key areas reinforced the mail outs is also a regular task, including Chris Wales, Margaret Swindley, Julie via the Australian National University priorities recently established by MSRA a huge effort every six months for Dr Rex Matthews, Paul Davis and Pat Fisher. • A new national MS Gene Bank, (A/Prof Anne Louise Ponsonby and and provide considerable potential for Simmons who manages the Australian pooling DNA samples from five Dr Robyn Lucas) – that is completing further major discoveries in the near future. MS Longitudinal Study. collection sites including the Menzies a study on the environmentntal Recruitment and training of new volunteers Institute in Tasmania, Melbourne influence on MS. This study will is an ongoing task and more time will need University/Howard Florey Institute, announce early findings at MSRA’s Thank you to all who have supported to be devoted to this task in the coming Westmead Hospital, Newcastle “Progress in MS Research” Conference MS research over the past year. You are year as numbers need to grow to cover all University and Griffith University in in November 2007 (in Melbourne). providing hope for better diagnoses and of our increasing commitments. Queensland. With over 2,000 samples, treatments, cell repair strategies and other new ways to deal better with and solve genetic analysis can now proceed to MSRA also helped facilitate a record identify genes for MS susceptibility. MS. You are also helping new generations eight new MS research Scholarships – as we look to develop prevention The ultimate goal is to develop and Fellowships from early 2007 around diagnostic testing and targeted strategies that slow and possibly stop the Australia, with two of the Fellowships future incidence of this dreadful disease. treatments for MS. initiated under the prestigious Betty Cuthbert Scheme. This is double the • A pilot national MS Brain Bank number from 2006 and equal to the total Jeremy Wright was established (in January) at initiated in the five previous years combined. Executive Director Sydney University. Headed by a young MS Research Australia neuropathologist, Dr Peter Patrikios, September 2007 this Brain Bank will collect, store and distribute MS-affected tissue donated by people with MS. This human tissue will help researchers around Australia progress towards knowing the cause of MS, identifying disease markers and developing new treatments.

• A major study of the connection between the Epstein Barr Virus (EBV), which causes Glandular Fever, and the onset of MS has been initiated. Prof Michael Pender of Queensland University is a world expert on this subject and will hopefully translate his discoveries into a strategy that will reduce the influence of Glandular Fever and help slow the development of MS. MULTIPLE SCLEROSIS SOCIETY OF THE ACT INCORPORATED FINANCIAL REPORT COMMITTEE’S FOR THE YEAR ENDED 30 JUNE 2007 REPORT

Your committee members submit the financial report of the Multiple Sclerosis Society of the ACT Incorporated for the financial year ended 30 June 2007.

Committee Members Principal Activities The names of committee members The principal activities of the Society throughout the year and at the date during the financial year were: of this report are: • to provide information on Multiple Sclerosis (MS), counselling, CONTENTS Don Cross immunotherapy training and support Committee’s Report and employment facilitating activities; Tracey Cross • to provide advice, emotional support, Dr Katy Gillette Independent Audit Report information and referral to other services; Oscar Hughes, AO • to operate a library; Income Statement Katrina Muir • to provide loans of aids and appliances; Ian Pennell, AM • to educate the public; Balance Sheet R G (Jim) Quick • fundraising in support of the Society; and David Robertson • to contribute financially to MS research. Statement of Cash Flows Alan Sims Dr Mary Webb Significant Changes Notes to the Financial Statements There were no significant changes in Statement by Members of the Committee the nature of these activities during the financial year.

Operating Result The surplus from ordinary activities amounted to $70,067 (2006:$7,465).

Signed in accordance with a resolution of the Members of the Committee.

I Pennell, AM D Cross President Treasurer

Dated this 23rd day of August, 2007

18 19 INDEPENDENT AUDIT REPORT TO THE MEMBERS OF MULTIPLE SCLEROSIS SOCIETY INCOME STATEMENT OF THE ACT INCORPORATED YEAR ENDED 30 JUNE 2007

Scope Note 2007 2006 $ $ The financial report and We performed procedures to assess Qualification committees’ responsibility whether in all material respect the financial As is common for organisations of this Revenue 2 The financial report compromises the report presents fairly, in accordance type, it is not practicable to maintain an Services to People with MS 231,484 176,140 balance sheet, income statement, cash with the Associations Incorporations effective system of internal control over Car Raffles 435,374 419,284 flow statement, statement of change Act (1991, ACT), including compliance donations and fund-raising activities until MS Readathon 76,901 66,531 in equity, accompanying notes to the with Accounting Standards and other their initial entry in the accounting records. Other Fundraising 174,364 162,045 financial statements, and the statement by mandatory financial reporting requirements Accordingly, our audit in relation to those Gloria McKerrow House 65,232 3,359 members of the committee for the Multiple in Australia, a view which is represented by activities was limited to amounts recorded. The Cottage 16,922 16,289 Sclerosis Society of the ACT Incorporated, the results of its operations and cash flows. Administration 32,038 16,584 for the year ended 30 June 2007. Qualified Auditor’s Opinion 1,032,315 860,232 We formed our audit opinion on the basis In our opinion, except for the effects on the The committee of the association is of these procedures, which included: financial report of the matter referred to in Expenses responsible for the preparation and true the qualification paragraph, the financial • examining, on a test basis, information Services to People with MS 267,341 220,215 and fair presentation of the financial report report of Multiple Sclerosis Society of to provide evidence supporting the Car Raffles 352,808 334,802 in accordance with the Associations the ACT Incorporated represents a amounts and disclosures in the Other Fundraising 80,313 69,891 Incorporations Act (1991, ACT). This true and fair view in accordance with financial report; and Gloria McKerrow House 28,095 19,418 includes responsibility for the maintenance applicable Accounting Standards and The Cottage 337 795 of adequate accounting records and • assessing the appropriateness of the other mandatory professional reporting Administration 201,327 174,638 internal controls that are designed to accounting policies and disclosures requirements in Australia, the financial Depreciation 32,027 33,008 prevent and detect fraud and error, and used and the reasonableness of position of Multiple Sclerosis Society of the 962,248 852,767 for the accounting policies and accounting significant accounting estimates made ACT Incorporated as at 30 June 2007 and estimates inherent in the financial report. by the committee. the results of its operations and its cash flows for the year then ended. Surplus before income tax expense 3 70,067 7,465 Audit Approach While we considered the effectiveness We conducted an independent audit of management’s internal controls over in order to express an opinion to the financial reporting when determining the Income tax expense 4 - - members of the association. Our audit was nature and extent of our procedures, our audit was not designed to provide Canberra, Australian Capital Territory conducted in accordance with Australian Net surplus after income tax expense assurance on internal controls. Auditing Standards, in order to provide attributable to the Society 70,067 7,465 reasonable assurance as to whether RSM Bird Cameron the financial report is free of material Independence Chartered Accountants misstatement. The nature of an audit is In conducting our audit, we followed influenced by factors such as the use of applicable independence requirements of Australian Professional ethical The accompanying notes form part of this financial report professional judgement, selective testing, Dated:27th August 2007 Detailed Income and Expenditure Statements by function are available on request, or for inspection at the Registered Office the inherent limitations of internal control, pronouncements. and the availability of persuasive rather Ged Stenhouse than conclusive evidence. Therefore, an Director audit cannot guarantee that all material misstatements have been detected.

20 21 BALANCE SHEET STATEMENT OF CHANGES IN EQUITY AT 30 JUNE 2007 YEAR ENDED 30 JUNE 2007

Note 2007 2006 Note Retained Total $ $ Reserves Surpluses Equity $ $ $ Current assets Cash assets 5 435,986 424,278 At 1 July 2005 - 961,912 961,912 Receivables 6 50,478 64,951 Surplus for the year - 7,465 7,465 Prepaid expenses 7 9,772 8,585 Total current assets 496,236 497,814 At 30 June 2006 - 969,377 969,377 Surplus for the year - 70,067 70,067 Non-current assets Property, plant and equipment 8 579,888 513,018 At 30 June 2007 - 1,039,444 1,039,444 Other financial asset 9 26,707 26,707 Total non-current assets 606,595 539,725

Total assets 1,102,831 1,037,539 The accompanying notes form part of this financial report

Current liabilities Payables 10 30,639 47,906 Provisions 11 32,748 20,256 Total current liabilities 63,387 68,162

Total liabilities 63,387 68,162 CASH FLOW STATEMENT

NET ASSETS 1,039,444 969,377 YEAR ENDED 30 JUNE 2007

Note 2007 2006 $ $ EQUITY Cash flows from operating activities Retained surplus 1,039,444 969,377 Receipts from members, customers & donors 924,637 789,269 TOTAL EQUITY 1,039,444 969,377 Operating grant receipts 156,944 75,831 Interest received 24,867 20,252 Payments to suppliers and employees (995,843) (895,443)

The accompanying notes form part of this financial report Net cash provided from/used in operating activities 13(b) 110,605 (10,091)

Cash flows used in investing activities Fixed asset purchases (98,897) (2,066) Net cash used in/ from investing activities (98,897) (2,066)

Net increase (decrease) in cash held 11,708 (12,157)

Cash at the beginning of the financial year 424,278 436,435 Cash at the end of the financial year 13(a) 435,986 424,278

22 The accompanying notes form part of this financial report 23 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2007 FOR THE YEAR ENDED 30 JUNE 2007

Note 1: Statement of Significant a) Property, Plant and Equipment (b) MS Readathon Expenses (e) Cash Accounting Policies Each class of property, plant and MS Readathon continues to be managed For the purposes of the Statement of This financial report is a general purpose equipment is carried at cost or nationally by Multiple Sclerosis Australia. Cash Flows, cash includes cash on financial report that has been prepared in fair value, less any accumulated The Society received a net distribution hand, at banks and on deposit. accordance with Australian Accounting depreciation and impairment losses. from Multiple Sclerosis Australia of Standards and other authoritative $76,901 in the 2006/2007 financial year. (f) Revenue pronouncements of the Australian Property Accounting Standards Board and Whilst leasehold land and buildings are (c) Sundry Debtors Revenue from the sale of goods and the requirements of the Associations carried at cost, revaluations are carried services is recognised upon delivery Incorporations Act (ACT). out from time to time and the most Invoices issued and outstanding at 30 to customers. recent valuation amount reported in June 2007 are shown as debtors in the The financial report covers the Multiple the notes to the accounts. balance sheet. They are direct claims Interest revenue is recognised on a Sclerosis Society of the ACT Incorporated to cash inflows which are expected proportional basis taking into account to occur when customers pay their as an individual entity. The Multiple Plant and Equipment the interest rates applicable to the accounts Credit card transactions Sclerosis Society of the ACT Incorporated Plant and equipment are measured financial assets. which have been processed by the is an association incorporated in the on the cost basis less depreciation Society but have not been received in Australian Capital Territory under the and impairment losses. The carrying bank accounts are also shown here. Associations Incorporation Act 1991. amount of plant and equipment is (g) Fund Accounting reviewed annually by the Society The following is a summary of the to ensure it is not in excess of the (d) Employee Entitlements In order to ensure observances of material accounting policies adopted by recoverable amount of those assets. limitations and restrictions placed the association in the preparation of the The recoverable amount is assessed Provision is made for the society’s on the use of certain resources financial report. The accounting policies on the basis of the expected net liability for employee benefits arising available to the Society, its accounts have been consistently applied, unless cash flows, which will be received from services rendered by employees are maintained in accordance with otherwise stated. from the assets’ employment and to balance date. Employee benefits the principals of fund accounting. subsequent disposal. The expected that are expected to be settled within Resources for various purposes are one year have been measured at the classified for accounting and reporting Basis of Preparation net cash flows have been discounted amounts expected to be paid when purposes into funds established The accounting policies set out below to their present values in determining the liability is settled, plus related on- according to their nature and purpose. have been consistently applied to all years recoverable amounts. costs. Employee benefits payable later Separate accounts are maintained presented. The entity has however elected than one year have been measured for each fund. to adopt the exemptions available under Depreciation at the present value of the estimated AASB 1 relating to AASB 132: Financial The depreciable amount of all fixed future cash outflows to be made for Instruments: Disclosure and Presentation, assets are depreciated on a straight those benefits. and AASB 139: Financial Instruments: line basis over the useful life of the Recognition and Measurement. assets to the Society commencing from the time the asset is held ready Contributions are made by the association to an employee Reporting Basis and Conventions for use. Leasehold improvements are superannuation fund and are charged The financial report has been prepared depreciated over the estimated useful as expenses when incurred. on an accruals basis and is based on life of the improvements. historical costs modified by the revaluation of selected non-current assets, financial assets and financial liabilities for which The depreciation rates used for each the fair value basis of accounting has class of depreciable asset are: been applied. Class of Fixed Asset Depreciation Rate Leasehold buildings 2.5% Furniture and fittings 10% to 20% Plant and equipment 10% to 33.33%

24 25 Reference Title Summary Application date Expected Impact (financial years beginning)

AASB 7 Financial Instruments: New standard – replaces disclosure 1 January 2007 Disclosures only Disclosures requirements of AASB 132

AASB 2005-10 Amendments to Australian Amends AASB 132, AASB 101, AASB 1 January 2007 Disclosures only Accounting Standards 114, AASB 117, AASB 133, AASB 139, arising from AASB 7 AASB 1, AASB 4, AASB 1023, AASB 1038 as a result of issue of AASB 7

(h) Goods and Services Tax (GST) (j) Critical Accounting Estimates AASB 101 Presentation of Revised standard 1 January 2007 Disclosures only Revenues, expenses and assets are The Society evaluates estimates and Financial Statements recognised net of the amount of GST, judgements incorporated into the except where the amount of GST financial statements based on historical incurred is not recoverable from the knowledge and best available current Australian Taxation Office. In these information. Estimates assume a AASB 8 Operating Segments New standard – replaces AASB 114 1 January 2009 Disclosures only circumstances the GST is recognised reasonable expectation of future events as part of the cost of acquisition and are based on current trends of the asset or part of the item of and economic data, obtained both AASB 2007-3 Amendments to Australian Amends AASB 5, AASB 6, AASB 102, 1 January 2009 Disclosures only the expense. externally and within the organisation. Accounting Standards AASB 107, AASB 119, AASB 127, No accounting assumptions or arising from AASB 8 AASB 134, AASB 136, AASB 1023 & (i) Impairment of Assets estimates have been identified that AASB 1038 as a result of issue of AASB 8 have a significant risk of causing At each reporting date, the Society a material adjustment to carrying reviews the carrying values of its amounts of assets and liabilities within AASB 123 Borrowing Costs Revised standard – requires borrowing 1 January 2009 It is estimated the tangible and intangible assets to the next accounting period. costs directly attributable to qualifying change will have determine whether there is any assets to be capitalised, where previously no material effect indication that those assets have been (k) New standards and interpretations they could be immediately expensed. impaired. If such an indication exists, issued but not yet effective the recoverable amount of the asset, being the higher of the asset’s fair value At the date of this financial report the AASB 2007-6 Amendments to Australian Amends AASB 1, AASB 101, AASB 107, 1 January 2009 It is estimated the less costs to sell and value in use, is following standards and interpretations, Accounting Standards AASB 111, AASB 116 & AASB 138 and change will have compared to the asset’s carrying value. which may impact the entity in the arising from AASB 123 Interpretations 1 & 12 as a result of no material effect Any excess of the asset’s carrying period of initial application, have been issue of AASB 123 value over its recoverable amount is issued but are not yet effective: expensed to the income statement.

AASB 2007-4 Amendments to Australian Amends AASB 1, 2, 3, 4, 5, 6, 7, 102, 1 July 2007 It is estimated the Accounting Standards 107, 108, 110, 112, 114, 116, 117, 118, change will have arising from ED 151 and 119, 120, 121, 127, 128, 129, 130, 131, no material effect Other Amendments 132, 133, 134, 136, 137, 138, 139, 141, 1023 & 1038

AASB 2007-7 Amendments to Australian Further amends AASB 1, AASB 2, AASB 1 July 2007 Disclosures only Accounting Standards 4, AASB 5, AASB 107 & AASB 128 as a result of issue of AASB 2007-4

AASB 2007-5 Amendments to Australian Amends AASB 102 to require inventories 1 July 2007 It is estimated the Accounting Standard – held for distribution by not-for-profit entities change will have Inventories Held for to be measured at cost, adjusted when no material effect Distribution by Not-for-Profit applicable for any loss of service potential. Entities

AASB 2007-1 Amendments to Australian Amends AASB 2 as a result of issue of 1 March 2007 Transitional Accounting Standards arising AASB Interpretation 11 provisions only it from AASB Interpretation 11 is estimated the change will have no material effect

AASB 2007-2 Amendments to Australian Amends AASB 1, AASB 117, AASB 118, 1 January 2008 Transitional Accounting Standards arising AASB 120, AASB 121, AASB 127, AASB provisions only it from AASB Interpretation 12 131 & AASB 139 as a result of issue of is estimated the AASB Interpretation 12 change will have 26 no material effect NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2007

2007 2006 2007 2006 $ $ $ $ Note 2: Revenue Note 5: Cash Assets Operating activities - Raffles 421,310 405,890 Cash at bank 278,190 274,486 - MS Readathon 76,901 66,405 Cash on deposit 157,596 149,642 - Donations and Bequests 238,097 173,385 Cash on hand 200 150 - Other fundraising 75,125 65,352 435,986 424,278 - Operating grants 150,565 69,558 - Other sources 45,450 59,034 - Contributions of assets - 356 1,007,448 839,980 Note 6: Receivables

Non-operating activities Net GST receivable 2,930 9,413 - Interest received 24,867 20,252 Accrued income 4,752 16,459 Sundry debtors 41,690 34,091 Total Revenue 1,032,315 860,232 Merchandise on Hand 1,106 1,106 Work in Progress – Gloria McKerrow House - 3,882 50,478 64,951

Note 3: Surplus

Surplus (deficit) has been determined after: Note 7: Prepaid Expenses

Expenses: Sundry prepaid expenses 9,772 8,585 Depreciation of property, plant and equipment 32,027 33,008 9,772 8,585 Remuneration of Auditor - audit or review services 6,975 5,975 - other services - -

Note 4: Income Tax Expense

The Society is exempt from income tax under the provision of Section 50-5 of the Income Tax Assessment Act 1997.

28 29 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2007

2007 2006 2007 2006 $ $ $ $

Note 8: Property, Plant and Equipment Note 9: Other Financial Asset

Leasehold land and buildings - at cost 833,703 764,530 Investment Less accumulated depreciation (311,382) (291,078) – units in a balanced fund – at market value 26,707 26,707 522,321 473,452

Furniture and fittings – at cost 51,387 66,286 Less accumulated depreciation (32,910) (55,005) Note 10: Payables 18,477 11,281 Trade creditors 10,778 9,392 Plant and equipment - at cost 133,261 113,394 Grants in advance - 13,609 Less accumulated depreciation (94,171) (85,109) Rent in advance 4,325 - 39,090 28,285 Membership received in advance 4,295 3,465 Unexpended funds for Outreach Projects 2,189 10,645 579,888 513,018 PAYG tax payable 7,650 6,666 Accrued expenses 238 967 Salary benefits payable 1,164 3,162 30,639 47,906 (a) Movements in carrying amounts

Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the Note 11: Provisions current financial year Provision for employee entitlements 32,748 20,256 Leasehold Land Furniture Plant and and Buildings and Fittings equipment Total $ $ $ $ Number of employees at year end 14 15

Balance at the beginning of year 473,452 11,281 28,285 513,018 Additions 69,172 9,418 20,307 98,897 Note 12: Segment reporting Disposals - (24,316) (440) (24,756) Add back of accumulated depreciation - 24,316 440 24,756 Depreciation expense (20,303) (2,222) (9,502) (32,027) The Society operates in the social welfare sector providing information and support to its Carrying amount at the end of the year 522,321 18,477 39,090 579,888 members within the ACT region.

Note 8: Property, Plant and Equipment continued Note 13: Key Management Personnel Compensation

The value of the leasehold land and buildings is shown at cost. The leasehold land and The aggregate compensation of key management personnel of the company is set out below: buildings were valued at $1,040,000 on 31 December, 2003 by McCann Property and Planning based on current market value. This revaluation has not been brought to account. Short term benefits 161,061 139,311 Post employment benefits - - Total benefits 161,061 139,311

30 31 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2007

2007 2006 Note 15: Financial Instruments $ $ (a) Interest Rate Risk Note 14: Cash Flow Information The Society’s exposure to interest rate risks, which is the risk that the value of a (a) Reconciliation of Cash financial instrument will fluctuate as a result of changes in market interest rates and the effective weighted average interest rates on those financial assets and financial Cash at bank 278,190 274,486 liabilities, is as follows: Cash on deposit 157,596 149,642 Cash on hand 200 150 Weighted Average Floating Interest Rate 435,986 424,278 Effective Interest Rate

(b) Reconciliation of net cash provided by (used in 2007 2006 2007 2006 operating activities to surplus from ordinary activities % % $ $ Financial Assets: Surplus from ordinary activities 70,067 7,465 Cash at bank 5.1 4.2 278,390 274,636 Cash on deposit 5.2 4.8 157,596 149,642 Total Financial Assets 435,986 424,278 Non-cash flows in surplus from ordinary activities: Depreciation 32,027 33,008 Loss on disposal of plant & equipment - 66 (b) Credit Risk Change in market value of investments - (2,258) Changes in assets and liabilities: The maximum exposure to credit risk, excluding the value of any collateral or other (Increase)/Decrease in accrued income 11,707 (9,471) security, at balance date to recognised financial assets is the carrying amount, net of (Increase)/Decrease in sundry debtors (7,600) (25,409) any provisions for doubtful debts, as disclosed in the statement of financial position (Increase)/Decrease in loan to MS Australia - 14,457 and notes to the financial statements. (Increase)/Decrease in prepaid expenses (1,187) 4,804 (Increase)/Decrease in net GST refundable 6,484 (1,621) The Society does not have any material credit risk exposure to any single debtor or (Increase)/Decrease in Merchandise on Hand - (1,106) group of debtors under financial instruments entered into by the Society. (Increase)/Decrease in Work in Progress-GMH 3,882 (3,882) Increase/(Decrease) in trade creditors 1,386 6,037 Increase/(Decrease) in accrued expenses (729) (13,303) (c) Net Fair Value Increase/(Decrease) in fringe benefits payable (1,998) (233) Increase/(Decrease) in PAYG tax payable 984 1,196 Methods and assumptions used in determining net fair value. Increase/(Decrease) in provisions 12,492 (11,233) Increase/(Decrease) in unexpended project donation (8,456) (9,053) The net fair values of listed investments have been valued at the quoted market bid Increase/(Decrease) in grants in advance (13,609) 922 price at balance date adjusted for transaction costs expected to be incurred. For other Increase/(Decrease) in rent received in advance 4,325 (242) assets and other liabilities the net fair value approximates their carrying value. Increase/(Decrease) in membership rec’d in advance 830 3,465 No financial assets and financial liabilities are readily traded on organised markets Increase/(Decrease) in sponsorship in advance - (3,700) in standardised form other than listed investments. Financial assets where the carrying amount exceeds net fair values have not been written down as the economic entity Net cash provided (used in) by operating activities 110,605 (10,091) intends to hold these assets to maturity.

(c) The Society has no credit stand-by or financing facilities in place. The aggregate net fair values and carrying amounts of financial assets and liabilities are disclosed in the statement of financial position and in the notes to the financial statements. (d) There were no non-cash financing or investing activities during the period.

Note 16: Society Details

The principal place of business of the Society is: The Multiple Sclerosis Society of the ACT Incorporated Gloria McKerrow House, 117 Denison Street, Deakin, ACT, 2600.

32 33 STATEMENT BY MEMBERS SPONSORS AND OF THE COMMITTEE SUPPORTERS In the opinion of the Committee the At the date of this statement, there are financial report, being the Income reasonable grounds to believe that the 2006/2007 Statement, Balance Sheet, Statement Multiple Sclerosis Society of the ACT of Changes in Equity, Statement of Incorporated will be able to pay its Cash Flows and notes to the debts as and when they fall due. We gratefully acknowledge the contribution of all of our sponsors and supporters in 2006 /2007 financial statements: This statement is made in accordance ActewAGL Kingston Physiotherapy Presents a true and fair view of the with a resolution of the Committee and ACT Fire Brigade & Sports Injury Centre financial position of the Multiple Sclerosis is signed for and on behalf of the ACT SES – Tuggeranong Unit KPMG Society of the ACT Incorporated as at 30 Committee by: Acumen Alliance Lake Tuggeranong College June 2007 and its performance for the Advantage Advertising Lawrence & Hanson year ended on that date in accordance I Pennell, AM D Cross Akuna Club Lions Club of Canberra Brindabella with Australian Accounting Standards, President Treasurer All States Warranty Network Lions Club of Canberra Kambah mandatory professional reporting Annette Ellis, MP Lowes Printers requirements and other authoritative Dated this 23rd day of August, 2007 Baker Deane & Nutt McDonalds pronouncements of the Australian Bayer Schering Pharma Mt Taylor Scouts Accounting Standards Board; Bells the Cleaners Old Bus Depot Markets Benchmark Catering Peter Guild Benchmark Wine Bar Phillip Radiator Service Biogen Idec Australia Pty Ltd Privileges Canberra Southern Cross Club, Phillip ProStyle Canberra Trophy Centre Qantas Airways Capital Chemist Rebel Sport Woden and Belconnen Commonwealth Bank Remedial Massage Clinic-Gowrie Corporate Express Reputation Deakin Copy & Print Roads ACT Department of Disability, Housing & Roche Community Services Mike Jefferis Easyrid Pest Control Rolfe Classic E B Meyer Charity Fund Rolfe Motor Group eB2Bcom Sanofi Aventis Pty Ltd Eric Martin and Associates Senator Gary Humphries Foxy’s Fast Foto Senator Kate Lundy Franklin Electronics Serono Australia Pty Ltd Fyshwick Markets Slaven Mazda Gordon Nightingale Snowgums of Canberra Grant Everson Solar Springs Health Retreat Gungahlin Lakes Golf Club S Smith & Son’s Yalumba Wine Hall & Watts St George Bank Harlocks Insurance St John Ambulance HealthInsite Step into Life, Deakin and Gungahlin Hellenic Club of Canberra Limited Sue & Gary Francis Ian & Margaret Rodgers The Runners Shop, Canberra Jim Purchas Tuggeranong Community Centre KFC Canberra Wayne Steel Electrical Weston Creek Athletics Club

34 35 MULTIPLE SCLEROSIS SOCIETY OF THE ACT 2006 – 2007

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The VOODOO™ philosophy is deceptively simple. We create extraordinary work and provide exceptional service. Multiple Sclerosis Society of the ACT ABN: 64 967 612 796 117 Dennison Street, Deakin, ACT 2600

Phone (02) 6285 2999 Fax (02) 6281 0817 MS Hotline 1800 809 671 www.ms.org.au [email protected]