| 2016 ($) ..... | .... 2015 ($) | |
| CURRENT ASSETS | ||
| Cash and cash equivalents | 4,511,520 | 4,380,777 |
| Trade and other receivables | 690,147 | 434,691 |
| Prepayments | 299,277 | 525,353 |
| Inventories | 244,234 | 156,892 |
| TOTAL CURRENT ASSETS | 5,745,178 | 5,497,713 |
| NON CURRENT ASSETS | ||
| Property, plant and equipment | 22,726,055 | 23,071,652 |
| Intangible assets | 1,050,090 | 1,231,562 |
| TOTAL NON CURRENT ASSETS | 23,776,145 | 24,303,214 |
| TOTAL ASSETS | 29,521,323 | 29,800,927 |
| CURRENT LIABILITIES | ||
| Trade and other payables | 2,612,186 | 3,013,179 |
| Provisions | 1,660,437 | 1,495,804 |
| Income received in advance | 1,049,656 | 716,738 |
| TOTAL CURRENT LIABILITIES | 5,322,279 | 5,225,721 |
| NON CURRENT LIABILITIES | ||
| Trade and other payables | - | 293,440 |
| Provisions | 107,973 | 110,438 |
| TOTAL NON CURRENT LIABILITIES | 107,973 | 403,878 |
| TOTAL LIABILITIES | 5,430,252 | 5,629,599 |
| NET ASSETS | 24,091,071 | 24,171,328 |
| EQUITY | ||
| Retained profits | 24,091,071 | 24,171,328 |
| TOTAL EQUITY | 24,091,071 | 24,171,328 |
| 2016 ($) ..... | .... 2015 ($) | |
| INCOME | ||
| Revenue from continuing activities | 47,538,233 | 46,706,020 |
| 47,538,233 | 46,706,020 | |
| EXPENSES | ||
| Football operations | (22,794,109) | (22,365,779) |
| Gaming and hospitality | (6,241,029) | (6,122,552) |
| Sponsorship, fundraising and corporate products | (4,757,274) | (5,523,657) |
| Consumer products | (4,423,633) | (4,580,351) |
| Finance and administration | (3,234,299) | (3,614,869) |
| Health, fitness and community groups | (2,917,060) | (933,794) |
| Facilities and maintenance | (1,709,818) | (1,667,588) |
| Media, marketing and communications | (1,541,268) | (1,438,844) |
| (47,618,490) | (46,247,434) | |
| PROFIT/(LOSS) | (80,257) | 458,586 |
| Other comprehensive income | - | - |
| TOTAL COMPREHENSIVE INCOME | (80,257) | 458,586 |
| 2016 ($) ..... | .... 2015 ($) | |
| Cash flows from operating activities | ||
| Receipts from customers | 51,619,323 | 49,877,697 |
| Interest received | 109,741 | 132,293 |
| Payments to suppliers | (23,339,359) | (23,420,453) |
| Payments to employees | (27,174,404) | (24,728,613) |
| Net cash flow from operating activities | 1,215,301 | 1,860,924 |
| Cash flows from investing activities | ||
| Payment for property, plant and equipment | (786,250) | (1,037,805) |
| Payment for gaming licences | (298,308) | (298,308) |
| Net cash flow from investing activities | (1,084,558) | (1,336,113) |
| Cash flows from financing activities | ||
| Proceeds from commercial bills | - | - |
| Repayment of commercial bills | - | - |
| Net cash flow from financing activities | - | - |
| Net increase in cash held | 130,743 | 524,811 |
| Cash at the beginning of the year | 4,380,777 | 3,855,966 |
| CASH AND CASH EQUIVALENTS AT THE END OF THE FINANCIAL YEAR | 4,511,520 | 4,380,777 |
| 2016 ($) ..... | .... 2015 ($) | |
| Total equity at the beginning of the year | 24,171,328 | 23,712,742 |
| Profit/(Loss) for the year | (80,257) | 458,586 |
| Other comprehensive income | - | - |
| Total comprehensive income for the year | (80,257) | 458,586 |
| Total equity at the end of the financial year | 24,091,071 | 24,171,328 |
| 2016 ($) ..... | .... 2015 ($) | |
| Revenue from the continuing operations | ||
| AFL distributions and prize money | 10,478,488 | 10,515,840 |
| Gaming and hospitality | 7,217,846 | 6,984,755 |
| Stadium contributions and consumer products | 16,609,164 | 16,364,591 |
| Health, fitness and community groups | 2,473,589 | 53,921 |
| Sponsorship, fundraising and corporate products | 10,575,059 | 12,533,527 |
| Interest received | 109,741 | 106,700 |
| Other | 74,346 | 146,686 |
| Total revenue from operating activities | 47,538,233 | 46,706,020 |
Wow - $2 million reduction in sponsorship this year from 2015
On the basis of these numbers I would sack the board.
Huge increase in payments to staff who are cleartly underperforming, sponsorship down.
Fans attendance down.
We are a rabble
Wow - $2 million reduction in sponsorship this year from 2015
Great job Peggy and Benny! :banghead :banghead
We got dome brownie points from the community though for all the charitable things we do.
Stuffen imbeciles
amortisation used for the write-off of intangible assets, such as goodwill...goodwill is like thin air
The way I read it they outlaid 2mill approx on health fitness centres bc expenses went up that amount from 2015 to 2016 in that category and revenue increased from 54k in 2015 to 2.47k in 2016 which looks like a a net gain of 400k from that business. Im sure there are other intangibles related but at a very quick glance, looks like a tidy bit of work there.