Annual Report 2008 - 2009

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Community minded leisure experience Annual Report 2008 09 C LUB Y EAR 2009 OF THE ACN 008 488 855

description

Canberra Southern Cross Club Annual Report 2008 - 2009

Transcript of Annual Report 2008 - 2009

Page 1: Annual Report 2008 - 2009

Community minded leisure experience

Annual Report 2008–09

Club

Year 2009

of the

ACN 008 488 855

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DireCtors’ report 2Company Secretary 2

Principal Activities 2

Dividends 2

Review of Operations 2

Changes in State of Affairs 3

Subsequent Events 3

Future Developments 3

Indemnification of Officers and Auditors 3

Directors’ Meetings 3

AuDitor’s Letter 5

DireCtors’ DeCLArAtion 8

FinAnCiAL stAtements 9Consolidated Income Statement 9

Consolidated Balance Sheet 10

Consolidated Statement of Recognised Income and Expense 11

Consolidated Cash Flow Statement 11

Notes to the Financial Statements 12

GrAphs 17

CorporAte inFormAtion 19Election of Directors – 2009 General Meeting 19

Notice to Members – Annual General Meeting 19

The Board of Directors 20

Contents

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Company SecretaryRod Frazer (resigned 27 May 2009) – 13 years service with Canberra Southern Cross Club Limited and 14 years as a director, of which 3 were as President.

Greg Mitchell (from 27 May 2009) – Greg is Chief Executive Officer of Canberra Southern Cross Club.

Principal ActivitiesThe consolidated entity’s activity in the course of the financial year was the operation of licensed club facilities.

During the financial year there was no significant change in the nature of that activity.

The directors of Canberra Southern Cross Club Limited submit herewith the concise financial report for the financial year ended 29 June 2009. In order to comply with the provisions of the Corporations Act 2001, the directors report as follows:

The names and particulars of the directors of the company during or since the end of the financial year are:

name special responsibilities Years service occupation

R.W. Lloyd President 13 Company Director

J.J. Rice B Econ. Senior Vice President 28 Business Manager

J.J. Lewis BA(Acc) Vice President 6 Company Manager

P.L. Rollings Vice President 18 Retired

A.F. Caddy P.S.M., B Comm. Director 35 Retired

D.N. Grimmond OAM FREIA Director 8 Real Estate Agent

M.B. Laughlin B Arts Director 16 Public Servant

K. Marshall Director 6 Public Servant

J.A. O’Loughlin AFSAE Director 33 Executive Director

S.C. Plummer Director 10 Manager

C. Behrens B.Ec/LLB Director 3 Senior Executive Lawyer

DividendsIn accordance with the constitution, the company is a company limited by guarantee to the extent of $2.00 per member, and accordingly no shares or debentures have been issued and no dividends have been recommended or paid since the start of the financial year.

Review of OperationsOperations comprised the running of licensed club facilities and the provision of member services.

Directors’ Report

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Directors’ MeetingsThe following table sets out the number of directors’ meetings (including meetings of committees of directors) held during the financial year and the number of meetings attended by each director (while they were a director or committee member).

Directors Board of Directors

meetings

held Attended

C.J. Behrens 12 10

A. F. Caddy 12 10

D. N. Grimmond 12 10

M. B. Laughlin 12 12

J. J. Lewis 12 11

R. W. Lloyd 12 12

K. Marshall 12 12

J. A. O’Loughlin 12 10

S. C. Plummer 12 10

P. L. Rollings 12 11

J. J. Rice 12 10

Changes in State of AffairsDuring the financial year there was no significant change in the state of affairs of the consolidated entity other than that referred to in the financial statements or notes thereto.

Subsequent EventsThere has not been any matter or circumstance, that has arisen since the end of the financial year, that has significantly affected, or may significantly affect, the operations of the consolidated entity, the results of those operations, or the state of affairs of the consolidated entity in future financial years.

Future DevelopmentsDisclosure of information regarding likely developments in the operations of the consolidated entity in future financial years and the expected results of those operations is likely to result in unreasonable prejudice to the consolidated entity. Accordingly, this information has not been disclosed in this report.

Indemnification of Officers and AuditorsDuring the financial year, the company paid a premium in respect of a contract insuring the directors of the company (as named above), the company secretary, and all executive officers of the company and of any related body corporate against a liability incurred as such a director, secretary or executive officer to the extent permitted by the Corporations Act 2001. The contract of insurance prohibits disclosure of the nature of the liability and the amount of the premium.

The consolidated entity has not otherwise, during or since the financial year, indemnified or agreed to indemnify an officer or auditor of the company or of any related body corporate against a liability incurred as such an officer or auditor.

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In all cases of absences, directors were absent on club business, on leave or absent due to work commitments. In all instances leave of absence was sought and approved.

The auditor’s independence declaration is included in page 5 of the financial report.

Signed in accordance with a resolution of the directors made pursuant to Section 298(2) of the Corporations Act 2001.

On behalf of the Directors,

R.W. Lloyd President

J.J. Rice B Econ Senior Vice President

Dated:

Canberra, ACT

Directors Financial management member services planning and

Committee Committee Development Committee

held Attended held Attended held Attended

C.J. Behrens – – 12 8 12 10

A. F. Caddy 12 12 10 9 – –

D. N. Grimmond – – 12 8 12 8

M. B. Laughlin – – 12 10 12 12

J. J. Lewis 12 11 3 2 – –

R. W. Lloyd 3 3 3 3 3 3

K. Marshall 12 12 – – 12 12

J. A. O’Loughlin 12 9 – – 12 10

S. C. Plummer 12 11 12 10 – –

P. L. Rollings – – – – 12 11

J. J. Rice – – 12 12 – –

–: Director not required to attend Committee Meeting

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Auditor’s Letter

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Directors’ Declaration

The directors declare that:

in the directors’ opinion, there are reasonable grounds to (a) believe that the company will be able to pay its debts as and when they become due and payable; and

in the directors’ opinion, the attached financial statements (b) and notes thereto are in accordance with the Corporations Act 2001, including compliance with accounting standards and giving a true and fair view of the financial position and performance of the company and the consolidated entity.

Signed in accordance with a resolution of the directors made pursuant to Section 295(5) of the Corporations Act 2001.

On behalf of the Directors,

R.W. Lloyd President

J.J. Rice B Econ Senior Vice President

Dated:

Canberra, ACT

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Financial Statements

9Consolidated Income StatementFor the FinAnCiAL YeAr enDeD 29 June 2009

note 2009 2008

$ $

Revenue 3 43,182,928 37,143,069

Cost of sales 3 (11,559,143) (9,863,397)

Gross Profit 31,623,785 27,279,672

Other income 3 – 146,005

Share of profits of associates accounted for using the equity method (19,597) –

Administration expenses (20,385,494) (16,707,923)

Finance costs 3 (582,496) (421,276)

Marketing expenses (1,267,811) (790,043)

Occupancy expenses (7,479,752) (6,347,155)

Operating lease expenses 3 (703,068) (566,250)

Show expenses (281,332) (201,658)

Other expenses (561,631) (761,533)

Profit before income tax expense 342,604 1,629,839

Income tax expense – –

Profit for the period 342,604 1,629,839

Profit attributable to members of the parent entity 342,604 1,629,839

Notes to the financial statements are included on pages 12 to 16.

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Notes to the financial statements are included on pages 12 to 16.

Consolidated Balance Sheet As At 29 June 2009

note 2009 2008

$ $

Current assets

Cash and cash equivalents 3,278,340 10,146,074

Trade and other receivables 531,030 553,658

Other financial assets 307,330 393,052

Inventories 424,744 385,583

Total current assets 4,541,444 11,478,367

Non-current assets

Trade and other receivables 35,000 35,000

Investment accounted for using the equity method 853,960 –

Property, plant and equipment 50,645,019 39,161,181

Goodwill 506,713 –

Total non-current assets 52,040,692 39,196,181

Total assets 56,582,136 50,674,548

Current liabilities

Trade and other payables 1,934,843 1,928,171

Borrowings 10,473,024 1,103,279

Provisions 4 721,619 581,678

Other 561,446 402,927

Total current liabilities 13,690,932 4,016,055

Non-current liabilities

Borrowings 52,627 4,213,465

Provisions 236,158 185,213

Total non-current liabilities 288,785 4,398,678

Total liabilities 13,979,717 8,414,733

Net assets 42,602,419 42,259,815

Equity

Retained earnings 42,602,419 42,259,815

Total Equity 42,602,419 42,259,815

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Consolidated Statement of Recognised Income and ExpenseFor the FinAnCiAL YeAr enDeD 29 June 2009

2009 2008

$ $

Profit for the period 342,604 1,629,839

Total recognised income and expense for the period 342,604 1,629,839

Consolidated Cash Flow StatementFor the FinAnCiAL YeAr enDeD 29 June 2009

2009 2008

$ $

Cash flows from operating activities

Receipts from customers 43,263,728 37,589,331

Payments to suppliers and employees (36,573,689) (32,166,564)

Interest and other costs of finance paid (582,496) (421,276)

Net cash provided by operating activities 6,107,543 5,001,491

Cash flows from investing activities

Interest received 95,948 554,082

Loan repayments received 40,841 60,238

Payment for investment in associate (873,557) –

Payments for property, plant and equipment (9,160,452) (3,098,595)

Proceeds from the sale of property, plant and equipment 628,482 273,070

Payment for business (8,907,175) –

Net cash used in investing activities (18,175,913) (2,211,205)

Cash flows from financing activities

Proceeds from borrowings 6,000,000 –

Repayment of borrowings (791,094) (1,103,160)

Net cash used in financing activities 5,208,906 (1,103,160)

Net increase in cash and cash equivalents (6,859,464) 1,687,126

Cash and cash equivalents at the beginning of the financial year 10,289,506 8,602,380

Cash and cash equivalents at the end of the financial year 3,430,042 10,289,506

Notes to the financial statements are included on pages 12 to 16.

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Notes to the Financial StatementsFor the FinAnCiAL YeAr enDeD 29 June 2009

note 1 – BAsis oF prepArAtion The concise financial report has been prepared in accordance with the Corporations Act 2001 and Accounting Standard AASB 1039 ‘Concise Financial Reports’. The concise financial report, including the financial statements and specific disclosures included in the concise financial report, has been derived from the full financial report of Canberra Southern Cross Limited.

All amounts are presented in Australian dollars.

A full description of the accounting policies adopted by the consolidated entity is provided in the 2009 financial statements which form part of the full financial report.

note 2 – ADoption oF neW AnD reViseD ACCountinG stAnDArDs In the current year, the Group has adopted all of the new and revised Standards and Interpretations issued by the Australian Accounting Standards Board (the AASB) that are relevant to its operations and effective for the current annual reporting period.

The financial report has been prepared on the basis of historical cost, except for the revaluation of certain non-current assets and financial instruments. Cost is based on the fair values of the consideration given in exchange for assets.

Accounting policies are selected and applied in a manner which ensures that the resulting financial information satisfies the concepts of relevance and reliability, thereby ensuring that the substance of the underlying transactions or other events is reported.

note 3 – proFit/ (Loss) From operAtions

2009 2008

$ $

(a) Revenue

Revenue from operations consisted of the following items:

Gaming Revenue 24,483,558 20,304,757

Revenue from the sale of goods 15,451,862 13,659,637

Rental Revenue 1,292,358 1,245,652

Interest Revenue 95,948 554,082

Membership income 325,195 364,181

Bowling income 43,938 41,901

Members’ entertainment income 198,265 118,245

Other 1,291,804 854,614

Total 43,182,928 37,143,069

(b) Profit before income tax

Profit before income tax has been arrived at after crediting/(charging) the following gains and losses from operations

Profit on sale of property, plant and equipment – 146,005

– 146,005

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note 3 – proFit/ (Loss) From operAtions (ContinueD)

2009 2008

$ $

Profit before income tax has been arrived at after (charging) the following expenses

Cost of Sales:

Gaming 5,198,968 4,478,845

Other sales 6,360,175 5,384,552

11,559,143 9,863,397

Finance costs

Interest – other entities 577,923 414,796

Interest – finance leases 4,573 6,480

582,496 421,276

Bad debts written off – other entities 4,400 12,900

Depreciation and amortisation of non-current assets:

Buildings 1,945,429 1,644,860

Property, plant and equipment 3,487,204 3,016,317

Leased assets 12,704 31,146

5,445,337 4,692,323

Operating lease rental expenses:

Minimum lease payments 703,068 566,250

Loss on sale of property, plant and equipment 3,256 –

Employee benefits expense:

Post employment benefits:

Defined contribution plans 951,082 823,146

Termination benefits 206,232 174,116

Other employee benefits 10,955,413 9,257,139

12,112,727 10,254,401

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note 4 – empLoYee entitLements

2009 2008

$ $

The aggregate employee entitlement liability recognised and included in the financial statements is as follows:

Provisions for employee benefit

Current 721,619 581,678

Non-current 236,158 185,213

957,777 766,891

note 5 – remunerAtion oF AuDitors

2009 2008

$ $

Audit of the parent entity

Audit of the financial report 50,000 50,000

Other non-audit services – –

50,000 50,000

The auditor of Canberra Southern Cross Club Limited is Deloitte Touche Tohmatsu.

note 6 – KeY mAnAGement personneL CompensAtionThe specified directors of the consolidated entity during the year were:

R.W. Lloyd (President) J.J. Rice, B. Econ. (Senior Vice President)

A F Caddy, P.S.M., B.Comm. (Vice President) P.L. Rollings (Vice President)

D. N. Grimmond OAM FREIA (Director) J. A. O’Loughlin, AFSAE (Director)

M. B. Laughlin B Arts (Director) K. Marshall (Director)

S. C. Plummer (Director) J. J. Lewis BA(Acc) (Director)

C. Behrens B.Ec/LLB (Director)

The specified executives of the consolidated entity during the year were:

G.Mitchell (Chief Executive Officer) C. Sawyer (General Manager)

R.Frazer (Company Secretary) E. Khaw (Finance Manager July 08 – June 09)

D. Mullins (Finance Manager June 09–)

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note 6 – KeY mAnAGement personneL remunerAtion (ContinueD)

(a) Key management personnel remuneration 2009 2008

$ $

The aggregate compensation of the key management personnel of the consolidated entity and the company, is set out below:

Short-term employee benefits 754,712 443,351

Other long-term benefits 7,469 21,199

Termination benefits 2,889 33,327

765,070 497,877

(b) executives remuneration 2009 2008

no. no.

Included within key management remuneration in note 6(a) above is remuneration paid to the following numbers of executives who received or were to receive total remuneration of $100,000 or more during the year:

$100,000 – $200,000 6 1

$200,001 – $300,000 1 1

(c) Directors remuneration 2009 2008

$ $

Included within key management remuneration in note 6(a) above is remuneration paid or payable, or otherwise made available, in respect of the financial year, to all directors of the company, directly or indirectly, by the company or by any related party. This represents payments for out of pocket expenses as approved at the 2001 Annual General meeting in accordance with Article 56A of the articles of association.

119,344 103,329

note 7 – seGment reportinGThe consolidated entity operates in one business segment, being the operation of a registered club. Although this business generates different revenues (refer note 3) the risks and returns are considered to be similar. The consolidated entity also operates in only one geographic segment as it operates solely within the ACT.

note 8 – ContinGent LiABiLitiesIn the ordinary course of business, the consolidated entity becomes involved in litigation, most of which falls within the consolidated entity’s insurance arrangements. While the outcomes are uncertain, the directors believe that no other matters exist which would have a material adverse effect on the consolidated entity’s operations.

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note 9 – prior perioD ADJustment

Description revised 2008 amount

original 2008 amount

movement reason for movement

Income statement

Increase (Decrease) in Revenue from sale of goods

37,658,819 38,318,690 (659,871) To adjust for meals and drinks provided to members and staff free of charge

(Increase) Decrease in Marketing Expenses (790,043) (1,218,956) 428,913

(Increase) Decrease in Other Expenses (761,533) (992,491) 230,958

Increase (Decrease) in Members entertainment revenue

37,143,069 37,658,819 (515,750) To adjust for gross-up of members entertainment revenue and expense

(Increase) Decrease in members entertainment expense

(201,658) (717,408) 515,750

note 10 – BorroWinGsBreach of loan agreement

During the financial year, the consolidated entity breached a bank covenant being the maximum borrowing ratio covenant. As a result of this breach the debt subject to the covenant became repayable on demand and has been reclassified as current. The lender did not request accelerated repayment of the loan and the terms of the loan have not changed. Subsequent to year end the bank have issued a letter waiving the breach of the covenant.

note 11 – remunerAtion unDer ContrACtuAL ArrAnGements AnD ConsuLtAnCiesContractors or consultants who received or were due to receive $49,999 or more under contractual arrangements:

Contractor/Consultant

A1 Premium Services

ACTEWAGL Retail

ACTEWGAS

ALSCO Pty Ltd.

Aristocrat Leisure Industries

Chubb Security Services

Deloitte Touche Tohmatsu

De Marco Property Development

Epicurean Contract Caterers

G.E. Shaw & Associates Pty Ltd.

Honeywell Limited

IGT (Australia) Pty Ltd.

Leading Edge Amusements

Officelink Plus

Premier Venue Entertainment

Project Coordination

Reel Gaming Solutions

SITA Environmental Solutions

Sky Channel

Smart Protection Group Pty Ltd.

Transact Capital Communication

TTM Security

note 12 – ADDitionAL CompAnY inFormAtionCanberra Southern Cross Club Limited is a company limited by guarantee, incorporated and operating in Australia. Its registered office and principal place of business is:

92–96 Corinna Street Phillip ACT 2606

Every member undertakes to contribute to the assets of the company in the event of and for the purposes of the winding up of the company, an amount not exceeding $2. There were 82,104 members at 29 June 2009 (2008: 73,454 members).

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ConsoLiDAteD reVenue From orDinArY ACtiVities 2008/09

Other Revenue – $1.8 Million

Members Entertainment Income – $198,265

Membership Income – $325,195

Food Revenue – $9.5 Million

Beverage Revenue – $6.9 Million

Gaming Revenue – $24.5 Million

Other Revenue – $1.8 Million

Members Entertainment Income – $198,265

Membership Income – $325,195

Food Revenue – $9.5 Million

Beverage Revenue – $6.9 Million

Gaming Revenue – $24.5 Million

ConsoLiDAteD expenses From orDinArY ACtiVities 2008/09

Other Expenses – $9 Million

Cost of Goods – $11.5 Million

Gaming Promotions – $1.6 million

Salaries & On Costs – $13.8 Million

Utilities (Electricity, Fuel, Telephone and Rates) – $1.4 Million

Depreciation and amortisation – $5.4 Million

Other Expenses – $9 Million

Cost of Goods – $11.5 Million

Gaming Promotions – $1.6 million

Salaries & On Costs – $13.8 Million

Utilities (Electricity, Fuel, Telephone and Rates) – $1.4 Million

Depreciation and amortisation – $5.4 Million

CLuB GAminG trADinG 2008/09

Operating Surplus – $10.6 Million

Other Expenses – $1 Million

Depreciation – $2.3 Million

Gaming Promotions – $1.6 Million

Wages and On Costs – $2.6 Million

Gaming Machine Levy – $5.2 Million

Operating Surplus – $10.6 Million

Other Expenses – $1 Million

Depreciation – $2.3 Million

Gaming Promotions – $1.6 Million

Wages and On Costs – $2.6 Million

Gaming Machine Levy – $5.2 Million

CLuB Liquor trADinG 2008/09

Operating Surplus – $1.1 million

Other Expenses – $475,902

Wages and On Costs – $2.2 Million

Depreciation Expense – $101,270

Cost of Sales – $2.9 Million

Operating Surplus – $1.1 million

Other Expenses – $475,902

Wages and On Costs – $2.2 Million

Depreciation Expense – $101,270

Cost of Sales – $2.9 Million

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Operating Surplus – $418,386

Other Expenses – $761,509

Depreciation – $132,440

Wages and On Costs – $4.8 Miillion

Cost of Goods – $3.4 Million

Operating Surplus – $418,386

Other Expenses – $761,509

Depreciation – $132,440

Wages and On Costs – $4.8 Miillion

Cost of Goods – $3.4 Million

CLuB memBers entertAinment trADinG 2008/09

Operating Deficit – ($1.6 Million)

Wages and On Costs – $976,910

Other Expenses – $468,271

Members Promotion Expenses – $490,204

Entertainment Expenses – $301,993

Operating Deficit – ($1.6 Million)

Wages and On Costs – $976,910

Other Expenses – $468,271

Members Promotion Expenses – $490,204

Entertainment Expenses – $301,993

sport & reCreAtion trADinG 2008/09

Operating Surplus – $282,264

Other Expenses – $702,218

Depreciation – $306,427

Wages and On Costs – $451,560

Cost of Goods – $68,856

Operating Surplus – $282,264

Other Expenses – $702,218

Depreciation – $306,427

Wages and On Costs – $451,560

Cost of Goods – $68,856

DistriBution oF poKer mAChine DoLLAr

Club Hold – 3%

Direct Expenses including taxes and community expenses – 7%

Return to Player – 90%

Club Hold

Direct Expenses includingtaxes and community expenses

Return to Player

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Corporate Information

Notice to Members – Annual General MeetingMembers are advised that the 38th Annual General Meeting (AGM) will be held in the Orion Room at Southern Cross Club Woden on Wednesday 14th October 2009, at 8pm.

AGenDAApologies1.

Minutes of the 37th Annual General Meeting of 2. 15 October 2008

Presentation of Annual Report3.

Presentation of Finance Reports and Balance Sheets4.

Auditor’s Report5.

Election of Directors6.

Appointment and remuneration of Auditors7.

Such other business brought forward in conformity with 8. the Constitution

Setting the Director’s honoraria for out of pocket 9. expenses in accordance with Article 12.6

General Business10.

Election of Directors – 2009 General MeetingIn terms of the Club’s constitution, the director’s of the Club can be 11 and no less than 9 in number. Currently there are 11 Directors of which 3 are required to stand down each year which is determined on a rotation basis.

This year the 3 Directors who had to stand down on a rotation basis were David Grimmond, Kim Marshall and John (Jack) Rice. Each of these Directors was eligible for re-election.

On the 22nd June nominations were called for the 3 positions of Directors and when nominations closed on the 6 July the only nominations received were for the 3 Directors who needed to stand down i.e. David Grimmond, Kim Marshall and John (Jack) Rice. Therefore there will be no need to conduct a ballot this year in regard to the election of Directors.

The election of the Board Executive for the 2009–10 year is determined by ballot by all Directors and therefore the board will meet prior to the Annual General Meeting on the 14 October 2009 and elect the Executive for the forthcoming year which will be announced at the Annual General Meeting.

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The Board of Directors

Bob Lloyd PRESIDENT

Jack Rice, B Econ. SENIOR VICE PRESIDENT

John Lewis BA(Acc) VICE PRESIDENT

Paul Rollings VICE PRESIDENT

Christopher Behrens B.Ec/LLB DIRECTOR

Adrian Caddy, P.S.M., BComm. DIRECTOR

David Grimmond, OAM FREIA DIRECTOR

Mary Laughlin, B Arts DIRECTOR

Kim Marshall DIRECTOR

Adrian O’Loughlin, AFSAE DIRECTOR

Simon Plummer DIRECTOR

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Club

Year 2009

of the

Woden 6283 7200 92-96 Corinna Street Phillip ACT 2606

Tuggeranong 6293 7200 Cnr Holwell & Pitman Streets Tuggeranong ACT 2900

Yacht Club & Cruises 6273 1784 ‘Lotus Bay’ Mariner Place Yarralumla ACT 2600

Yamba Sports Club 6283 7300 Irving Street Phillip ACT 2606

Jamison 6251 2255 Cnr Catchpole & Bowman Streets Macquarie ACT 2614

Turner 6247 7838 McCaughey Street Turner ACT 2612

Kaleen 6241 2509 Georgina Crescent Kaleen ACT 2617

Southern Cross Health Club 6283 7340 Irving Street Phillip ACT 2606

Pitch n Putt 6232 5494 Irving Street Phillip ACT 2606

Southern Cross Sports Stadium – Woden 6293 2275 Irving Street Phillip ACT 2606

Southern Cross Sports Stadium – Tuggeranong 6293 2275 Cnr Colishaw & Athllon Drive Tuggeranong ACT 2900

[email protected]

Z00

3940

5

Prestigious Award for Canberra Southern Cross Clubs!Voted best large club in the capital, the Southern Cross Club scooped the industry awards pool and won the top award, ‘ACT Club of the Year’ as well!

The annual ClubsACT industry awards recognise excellence and outstanding contribution to the local community.

“To be the ACT Club of the Year is a great win for our 84,000 members,” said Club President Bob Lloyd.

The Southern Cross Club was again awarded the ClubsACT Member Services Award, and the Responsible Gaming and Gaming Facility Award.

This year, the Club also won awards for Club Development, Club Sector Contribution, and the Club Restaurant Dining Award (Southern Cross Restaurant & Cocktail Bar, Woden). The Gold ‘Chefs on Show’ Award was won by Peppercress Restaurant (Tuggeranong); the Club also received a commendation for ‘Promotion of Sport’.