Concise Financial Reports 2015

[one-eyed]

STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2015

	2015 ($) .....	.... 2014 ($)
CURRENT ASSETS
Cash and cash equivalents	4,380,777	3,855,966
Trade and other receivables	434,691	281,165
Prepayments	525,353	175,416
Inventories	156,892	330,330
TOTAL CURRENT ASSETS	5,497,713	4,642,877
NON CURRENT ASSETS
Property, plant and equipment	23,071,652	23,347,115
Intangible assets	1,231,562	1,355,556
TOTAL NON CURRENT ASSETS	24,303,214	24,702,671
TOTAL ASSETS	29,800,927	29,345,548
CURRENT LIABILITIES
Trade and other payables	3,013,179	2,876,700
Provisions	1,495,804	1,269,159
Interest bearing liabilities	-	-
Income received in advance	716,738	813,281
TOTAL CURRENT LIABILITIES	5,225,721	4,959,140
NON CURRENT LIABILITIES
Trade and other payables	293,440	600,273
Provisions	110,438	73,393
TOTAL NON CURRENT LIABILITIES	403,878	673,666
TOTAL LIABILITIES	5,629,599	5,632,806
NET ASSETS	24,171,328	23,712,742
EQUITY
Retained profits	24,171,328	23,712,742
TOTAL EQUITY	24,171,328	23,712,742

[one-eyed]

STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 OCTOBER 2015

	2015 ($) .....	.... 2014 ($)
INCOME
Revenue from continuing operations	46,706,020	44,408,127
	46,706,020	44,408,127
EXPENSES
Employment benefits expenses	(24,728,613)	(22,943,932)
Depreciation and amortisation expenses	(1,450,490)	(1,233,218)
Marketing and promotional expenditure	(3,319,542)	(2,917,217)
Materials, purchases and match day hospitality	(3,453,192)	(3,477,138)
Administration expenditure	(1,405,459)	(1,304,689)
Financial costs	-	-
Property maintenance	(1,033,384)	(1,183,261)
Football support expense	(4,813,196)	(4,774,117)
Membership expense	(2,466,739)	(2,273,57)
Property lease expense	(1,054,825)	(1,020,591)
Impairment loss on property, plant and equipment	-	(93,450)
Contribution to community groups	(588,761)	(334,816)
Other expenses	(1,933,233)	(1,522,596)
	(46,247,434)	(43,078,597)
PROFIT	458,586	1,329,530
Other comprehensive income	-	-
TOTAL COMPREHENSIVE INCOME	458,586	1,329,530

[one-eyed]

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2015

	2015 ($) .....	.... 2014 ($)
Cash flows from operating activities
Receipts from football operations	14,265,568	14,321,477
Receipts from marketing operations	24,234,537	23,521,756
Receipts from gaming and social operations	7,069,505	5,704,614
Payments to suppliers and employees	(44,618,095)	(41,807,896)
Interest received	106,699	117,980
Jack Dyer Foundation contributions	802,710	519,300
Net cash flow from operating activities	1,860,924	2,377,231
Cash flows from investing activities
Payment for property, plant and equipment	(1,037,805)	(1,874,117)
Payment for gaming licences	(298,308)	(337,790)
Net cash flow from investing activities	(1,336,113)	(2,211,90)
Cash flows from financing activities
Proceeds from commercial bills	-	-
Repayment of commercial bills	-	-
Net cash flow from financing activities	-	-
Net increase in cash held	524,811	165,324
Cash at the beginning of the year	3,855,966	3,690,642
CASH AND CASH EQUIVALENTS AT THE END OF THE FINANCIAL YEAR	4,380,777	3,855,966

[one-eyed]

STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 OCTOBER 2015

	2015 ($) .....	.... 2014 ($)
Total equity at the beginning of the financial year	23,712,742	22,383,212
Total comprehensive income for the year	458,586	1,329,530
Total equity at the end of the financial year	24,171,328	23,712,742

REVENUE AS AT 31 OCTOBER 2015

	2015 ($) .....	.... 2014 ($)
Revenue from the continuing operations
Football	14,265,568	14,321,477
Sponsorship and Marketing	24,461,538	23,744,756
Gaming and Social	7,069,505	5,704,614
Interest received	106,699	117,980
Jack Dyer Foundation contributions	802,710	519,300
Total revenue from operating activities	46,706,020	44,408,127

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