annual report 2009 - 2010

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Altogether more rewarding ANNUAL REPORT 2009 –10 ACN 008 488 855

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Canberra Southern Cross Club Annual Report 2009 - 2010

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Altogether more rewarding

AnnuAl report 2009–10

ACN 008 488 855

Contents

1 President’s Report

2 Directors’ Report

2 Company Secretary

2 Principal Activities

3 Dividends

3 Review of Operations

3 Changes in State of Affairs

3 Subsequent Events

3 Future Developments

3 Indemnification of Officers and Auditors

3 Directors’ Meetings

5 Auditor’s Letter

8 Directors’ Declaration

9 Financial Statements

9 Consolidated Statement of Comprehensive Income

10 Consolidated Statement of Financial Position

11 Consolidated Statement of Changes in Equity

12 Consolidated Statement of Cash Flows

13 Notes to the Financial Statements

17 Graphs

19 Corporate Information

19 Election of Directors – 2010 General Meeting

19 Notice to Members – Annual General Meeting

20 Nomination for Directors

21 The Board of Directors

CSCC Annual Report 2009–2010 1

President’s Report

This year has proven to be quite difficult financially for the Canberra Southern Cross Club with overall profit for 2009–2010 being $677,701 on revenue of over $45 million, representing just over 1 per cent return on both capital and turnover. Margins are still very tight, requiring constant management and executive monitoring on pricing and cost control.

Clubs are not the gold mines that some in the community and particularly the media would have you believe. Taxes, Federal Government regulation, and the anti club mentality of some elements of the media in Canberra threatens the continued existence of clubs as we know them. The closure of the Yamba club from the end of September is further evidence of this – a very difficult decision the Board has had to make with a great deal of regret.

Despite difficult trading conditions over the last year however, the Club has made some major achievements.

The Board made a conscious decision to maintain the same community contribution as last year of $1.6 million and presented cheques to 100 community and charitable organisations at the Charities lunch in early August, attended by the Chief Minister, other Members of the Legislative Assembly and Federal members Annette Ellis and Gary Humphries.

Another major achievement was winning the ACT Club of the Year in the large club division for an exemplary two years in a row. This award only makes us more determined to continue to raise industry standards and respond to the growing and changing needs of our members.

2010 has also been a year of consolidation – the Woden Club has seen an upgrade of it’s bar and lounge area. At Jamison the car park has been extended and new signage provided. At the Yacht Club a review of parking issues is underway and a parking survey is proposed for later in the year.

Some Member Service improvements have also been introduced, such as: • The provision of healthy meal and small appetite options

at Henry’s Family Restaurant at Woden, Tuggeranong and Jamison.

• The introduction of StarRewards enabling members making food and beverage purchases to redeem their points for other services in the Club.

• The establishment of a New Members night providing an introduction to new members to the services provided by the Club.

• The redevelopment of the CSCC Web Page allowing for greater functionality.

• A continued focus on the environment and ways of reducing our carbon footprint.

In recognition of our commitment in providing services to members, we also won the Member Services Award for the ninth time out of the ten years the award has been presented.

So what does the future hold?

The Board is committed to:• Maintaining it’s leadership role in community

contributions.• Reducing debt – a debt reduction strategy is in place

and being actioned.• A continuing focus on developing facilities and services in

areas of members demand, such as Health and Fitness, Events Centre and in the Northside of Canberra.

Whilst there is still much to be done, the recognition that the Club received at the ClubsACT award night indicates that most things are being done well and I thank CEO Greg Mitchell, General Manager Carol Sawyer, their dedicated staff and the Board for their continued dedication and hard work.

Jack Rice President

Finance Committee – John Lewis (Chairman)Planning Committee – Paul Rollings (Chairman)Member Services Committee – Mary Laughlin (Chairman)

2 CSCC Annual Report 2009–2010

Directors’ Report

The directors of Canberra Southern Cross Club Limited submit herewith the annual financial report for the financial year ended 28 June 2010. 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

J.J. Rice B Econ. President 29 Retired

P.L. Rollings Senior Vice President 19 Retired

J.J. Lewis BA (Acc) Vice President 7 Company Manager

M.B. Laughlin BA Vice President 17 Public Servant

C. Behrens B.Ec/LLB Director 4 Senior Executive Lawyer

A.F. Caddy P.S.M., B Comm. Director 36 Retired

D.N. Grimmond OAM freia Director 9 Real Estate Agent

R.W. Lloyd Director 14 Retired

K. Marshall Director 7 Public Servant

J.A. O’Loughlin AFSAE Director 34 Executive Director

S.C. Plummer Director 11 Manager

• To provide support to the community either financially, through donation of food or by providing facilities.

The entity’s long term objectives are:

To be the premier club in the Australian Capital Territory by:• Developing and reviewing a strategy for quality

investments, services and memberships; • Maintaining innovative, diverse responsible cost

effective services to members; • Exploring and developing opportunities for diversifying

investments; • Fostering family values and Christian standards; • Being recognised for providing positive and

constructive community support.

Company SecretaryGreg 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 entity’s short term objectives are:• To provide a diverse range of services and amenities to

members and their guests based on Christian standards.• Providing for families through offering family friendly

facilities.

2 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 3

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 on page 2), 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.

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 9

D.N. Grimmond 12 9

M.B. Laughlin 12 10

J.J. Lewis 12 10

R.W. Lloyd 12 9

K. Marshall 12 11

J.A. O’Loughlin 12 9

S.C. Plummer 12 10

P.L. Rollings 12 11

J.J. Rice 12 10

To achieve these objectives, the entity has adopted the following strategies:

The Club strives to attract and retain quality staff that are committed to working in the hospitality industry. The Club believes that retaining quality staff will assist with the success of the Club in both the short and long term.

The Club is committed to providing excellent customer service. This is achieved through the Club’s Customer Service Charter and training staff in technical skills and knowledge. The Club prides itself on productive working relationships of its staff.

Through the Club’s culture of Christian standards, the Club continues to meet consistent high level of community support through the annual grants program together with a comprehensive sporting grants program. In addition to these major programs the Club is committed to the wider community by providing facilities and donated food, this is evidenced by ongoing support of various community groups.

The Club has strong financial management and corporate governance which is managed through the Club’s business plan, key performance indicators, risk management plan and internal audit program. Monitoring of financial performance is reviewed on a monthly basis by executive management and Directors.

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.

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.

4 CSCC Annual Report 2009–2010

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

J.J. Rice, B Econ

President

P.L. Rollings

Senior Vice President

Dated:

Canberra, ACT

4

Directors

Financial Management Committee

Member ServicesCommittee

Planning and Governance Committee

Held Attended Held Attended Held Attended

C.J. Behrens - - 12 10 12 11

A.F. Caddy 12 12 12 10 - -

D.N. Grimmond - - 12 8 12 6

M. B. Laughlin - - 12 12 4 4

J.J. Lewis 12 12 - - - -

R.W. Lloyd 1 1 - - 11 9

K. Marshall 12 9 9 7 4 4

J.A. O’Loughlin 12 10 - - 12 11

S.C. Plummer 12 9 12 10 - -

P.L. Rollings - - - - 12 12

J.J. Rice - - 3 3 - -

-: Director not required to attend Committee Meeting

4 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 5

6 CSCC Annual Report 2009–2010

6 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 7

8 CSCC Annual Report 2009–2010

Directors’ Declaration

The directors declare that:

(a) in the directors’ opinion, the attached finanical statements and notes thereto comply with Accounting Standard 1039 ‘Concise Financial Reports’: and

(b) the attached finanical statements and notes thereto have been derived from the full financial report of the company.

Signed in accordance with a resolution of the directors.

On behalf of the Directors

J.J. Rice, B Econ

President

P.L. Rollings

Senior Vice President

Dated:

Canberra, ACT

4

8 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 9

FInAnCIAl StAteMentS

Consolidated Statement of Comprehensive Income FOR THE FINANCIAL YEAR ENDED 28 JUNE 2010

Note 2010 $ 2009 $

Revenue 3 46,142,632 43,182,928

Cost of sales 3 (12,216,862) (11,559,143)

Gross profit 33,925,770 31,623,785

Share of profits of associates accounted for using the equity method 144,151 (19,597)

Administration expenses (22,523,071) (20,385,494)

Finance costs 3 (606,553) (582,496)

Marketing expenses (1,273,337) (1,267,811)

Occupancy expenses (6,975,868) (7,479,752)

Operating lease expenses 3 (758,120) (703,068)

Show expenses (495,686) (281,332)

Other expenses (759,585) (561,631)

profit before income tax expense 677,701 342,604

Income tax expense - -

profit for the period 677,701 342,604

other Comprehensive Income

Other Comprehensive Income for the year, net of tax - -

profit attributable to members of the parent entity 677,701 342,604

Notes to the financial statements are included on pages 13 to 16.

10 CSCC Annual Report 2009–2010

FInAnCIAl StAteMentS

Consolidated Statement of Financial Position AS AT 28 JUNE 2010

Notes 2010 $ 2009 $

Current assets

Cash and cash equivalents 4,121,108 3,278,340

Trade and other receivables 643,085 531,030

Other financial assets 434,131 307,330

Inventories 465,935 424,744

total current assets 5,664,259 4,541,444

non-current assets

Trade and other receivables 35,000 35,000

Investment accounted for using the equity method 1,090,334 853,960

Property, plant and equipment 49,238,454 50,645,019

Goodwill 506,713 506,713

total non-current assets 50,870,501 52,040,692

total assets 56,534,760 56,582,136

Current liabilities

Trade and other payables 2,123,250 1,934,843

Borrowings 7,177,279 10,473,024

Provisions 4 961,856 721,619

Other 524,757 561,446

total current liabilities 10,787,142 13,690,932

non-current liabilities

Borrowings 2,231,349 52,627

Provisions 4 236,149 236,158

total non-current liabilities 2,467,498 288,785

total liabilities 13,254,640 13,979,717

net assets 43,280,120 42,602,419

equity

Retained earnings 43,280,120 42,602,419

total equity 43,280,120 42,602,419

Notes to the financial statements are included on pages 13 to 16.

10 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 11

FInAnCIAl StAteMentS

Consolidated Statement of Changes in Equity FOR THE FINANCIAL YEAR ENDED 28 JUNE 2010

ConsolidatedRetained

Surplus$

Balance of members funds as at 30 June 2008 42,259,815

Net surplus for the year 342,604

Total comprehensive income for the year 342,604

Balance of members funds as at 29 June 2009 42,602,419

Balance of members funds as at 30 June 2009 42,602,419

Net surplus for the year 677,701

Total comprehensive income for the year 677,701

Balance of members funds as at 28 June 2010 43,280,120

Notes to the financial statements are included on pages 13 to 16.

12 CSCC Annual Report 2009–2010

FInAnCIAl StAteMentS

Consolidated Statement of Cash Flows FOR THE FINANCIAL YEAR ENDED 28 JUNE 2010

Notes 2010 $ 2009 $

Cash flows from operating activities

Receipts from customers 50,338,464 43,263,728

Payments to suppliers and employees (43,593,709) (36,573,689)

Interest and other costs of finance paid (606,553) (582,496)

Net cash provided by operating activities 6,138,202 6,107,543

Cash flows from investing activities

Interest received 200,774 95,948

Loan repayments received - 40,841

Payment for investment in associate (92,222) (873,557)

Payments for property, plant and equipment (4,550,553) (9,160,452)

Proceeds from the sale of property, plant and equipment 273,071 628,482

Payment for business - (8,907,175)

Net cash used in investing activities (4,168,930) (18,175,913)

Cash flows from financing activities

Proceeds from borrowings - 6,000,000

Repayment of borrowings (1,052,372) (791,094)

Repayment of finance leases (64,651) -

Net cash (used in)/provided by financing activities (1,117,023) 5,208,906

net increase/(decrease) in cash and cash equivalents 852,249 (6,859,464)

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

Cash and cash equivalents at the end of the financial year 4,282,291 3,430,042

Notes to the financial statements are included on pages 13 to 16.

12 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 13

FInAnCIAl StAteMentS

Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 28 JUNE 2010

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 Club Limited.

All amounts are presented in Australian dollars.

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.

A full description of the accounting policies adopted by the consolidated entity is provided in the 2010 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.

NOTE 3 – PROFIT/ (LOSS) FROM OPERATIONS

2010 $ 2009 $

(a) revenue

Revenue from operations consisted of the following items:

Gaming Revenue 24,853,437 24,483,558

Revenue from the sale of goods 16,801,115 15,451,862

Rental Revenue 1,333,093 1,292,358

Interest Revenue 200,774 95,948

Membership income 382,567 325,195

Bowling income 37,308 43,938

Members’ entertainment income 433,692 198,265

Other 2,100,646 1,291,804

46,142,632 43,182,928

(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 119,230 -

14 CSCC Annual Report 2009–2010

FInAnCIAl StAteMentS

NOTE 3 – PROFIT/ (LOSS) FROM OPERATIONS

2010 $ 2009 $

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

Cost of Sales:

Gaming 5,388,483 5,198,968

Other sales 6,828,379 6,360,175

12,216,862 11,559,143

Finance costs:

Interest – other entities 600,061 577,923

Interest – finance leases 6,492 4,573

606,553 582,496

Bad debts written off – other entities 7,100 4,400

Depreciation and amortisation of non-current assets:

Buildings 2,119,987 1,945,429

Property, plant and equipment 3,460,527 3,487,204

Leased assets 14,365 12,704

5,594,879 5,445,337

operating lease rental expenses:

Minimum lease payments 758,120 703,068

loss on sale of property, plant and equipment - 3,256

employee benefits expense:

Post employment benefits:

Defined contribution plans 1,017,345 951,082

Termination benefits 137,959 206,232

Other employee benefits 11,602,410 10,955,413

12,757,714 12,112,727

14 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 15

FInAnCIAl StAteMentS

NOTE 4 – EMPLOYEE ENTITLEMENTS

2010 $ 2009 $

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

Provisions for employee benefit

Current 961,856 721,619

Non-current 236,149 236,158

1,198,005 957,777

NOTE 5 – REMUNERATION OF AUDITORS

2010 $ 2009 $

Audit of the parent entity

Audit of the financial report 52,900 50,000

Other non-audit services - -

52,900 50,000

NOTE 6 – KEY MANAGEMENT PERSONNEL COMPENSATION

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

J.J. Rice, B. Econ. (President)J.J. Lewis BA (Acc) (Vice President)A.F Caddy, P.S.M., B.Comm. (Director)D.N. Grimmond OAM freia (Director)R.W. Lloyd (Director)S.C. Plummer (Director)

P.L. Rollings (Senior Vice President)M.B. Laughlin B Arts (Vice President)C. Behrens B.Ec/LLB (Director)J.A. O’Loughlin, AFSAE (Director)K. Marshall (Director)

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

G. Mitchell (Chief Executive Officer & Company Secretary from 27 May 2009)

C. Sawyer (General Manager) D. Mullins (Finance Manager)

2010 $ 2009 $

(a) Key management personnel remuneration

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

Short-term employee benefits 712,761 754,712

Other long-term benefits 5,796 7,469

Termination benefits - 2,889

718,557 765,070

16 CSCC Annual Report 2009-2010

FInAnCIAl StAteMentS

NOTE 6 – KEY MANAGEMENT PERSONNEL COMPENSATION (CONTINUED)

2010 No. 2009 No.

(b) executives remuneration

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 6

$200,001 – $300,000 1 1

2010 $ 2009 $

(c) Directors remuneration

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.

123,350 119,344

NOTE 7 – REMUNERATION UNDER CONTRACTUAL ARRANGEMENTS AND CONSULTANCIES

Contractors or consultants who received or were due to receive $49,999 or more under contractual arrangements:

Contractor/Consultant A1 Premium ServicesAbacus Cash Systems Pty LtdACTEWAGL RetailACTEWGASAinsworth Game TechnologyALSCO Pty LtdAristocrat Leisure IndustriesChubb Security ServicesDeloitte Touche Tohmatsu De Marco Property DevelopmentElite Sound and LightingEpicurean Contract CaterersG.E. Shaw & Associates Pty LtdHoneywell LimitedIGT (Australia) Pty LtdKonami Australia Pty LtdKonica Minolta BusinessLeading Edge Amusements

Micros – Fidelio Aust Pty LtdNorth Canberra Bowling ClubOfficelink PlusOPC (Canberra) Pty LtdPremier ArtistsPremier Venue EntertainmentProfessional Advantage Pty LtdProject CoordinationReel Gaming SolutionsSITA Environmental SolutionsSky ChannelSmart Protection Group Pty LtdThe Seed AgencyThe Sphere OrganisationThe Sports Club KaleenTransact Capital CommunicationTrojan Hospitality ACT Pty LtdTTM SecurityZoo Communications

NOTE 8 – ADDITIONAL COMPANY INFORMATION

Canberra 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 StreetPhillip 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 83,856 members at 28 June 2010 (2009: 82,104 members).

19

CSCC Annual Report 2009-2010 17

Graphs

Depreciation and amortisation – $5.6 millionUtilities (Electricity, Fuel, Telephone and Rates) – $1.5 millionSalaries & On Costs – $14.5 millionGaming Promotions – $1.8 millionCost of Goods – $12.2 millionOther Expenses – $10.6 million

12%

3%

4%

31%

23%

27%

Gaming Revenue – $24.9 millionBeverage Revenue – $7.5 millionFood Revenue – $10.3 millionMembership Income – $382,567Members Entertainment Income – $1 millionOther Revenue – $2.8 million

53%

2% 6%

16%

1%

22%

Gaming Machine Levy – $5.4 millionWages and On Costs – $2.7 millionGaming Promotions – $1.8 millionDepreciation – $2.2 millionOther Expenses – $1.8 millionOperating Surplus – $10.8 million

22%

7%

44%

11%

9%

7%

Cost of Sales – $3.1 millionDepreciation Expenses – $105,871Wages and On Costs – $2.4 millionOther Expenses – $479,607Operating Surplus – $1.3 million

42%

1%33%

18%

6%

CONSOLIDATED ExPENSES FROM ORDINARY ACTIVITIES 2009/10

CONSOLIDATED REVENUE FROM ORDINARY ACTIVITIES 2009/10

CLUB GAMING TRADING 2009/10

CLUB LIQUOR TRADING 2009/10

18 CSCC Annual Report 2009–2010

Cost of Goods – $3.7 millionWages and On Costs – $5 millionDepreciation – $144,760Other Expenses – $937,065Operating Surplus – $521,684

36%

9%

49%

5%

1%

Entertainment Expenses – $494,091Members Promotion Expenses – $491,605Other Expenses – $507,016Wages and On Costs – $1 millionOperating De�cit – ($1.5 million)

Cost of Goods – $98,783Wages and On Costs – $526,609Depreciation – $262,874Other Expenses – $776,437Operating Surplus – $583,315

23%

12%

35%

4%

26%

Return to PlayerDirect Expenses includingtaxes and community expensesClub Hold

92%

3%5%

CLUB FOOD TRADING 2009/10

CLUB MEMBERS ENTERTAINMENT TRADING 2009/10

SPORT & RECREATION TRADING 2009/10

DISTRIBUTION OF POKER MACHINE DOLLAR

18 CSCC Annual Report 2009–2010 CSCC Annual Report 2009–2010 19

Notice to Members – Annual General MeetingMembers are advised that the 39th Annual General Meeting (AGM) will be held in the Private Dining Room at Southern Cross Club Woden on Wednesday 13 October 2010, at 8pm.

AGENDA

1 Apologies

2 Minutes of the 38th Annual General Meeting of 14 October 2009

3 Presentation of Annual Report

4 Presentation of Finance Reports and Balance Sheets

5 Auditor’s Report

6 Election of Directors

7 Appointment and remuneration of Auditors

8 Such other business brought forward in conformity with the Constitution

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

10 General Business

Election of Directors – 2010 Annual General MeetingIn accordance with the Clubs Constitution, three Directors of the Board must retire at each Annual General Meeting (but are eligible for re-election, subject to the usual criteria) which is determined on a rotation basis and the three Directors who need to retire this year are Simon Plummer, Chris Behrens and Bob Lloyd. They are all eligible for re-election and have been nominated for election.

In addition in accordance with Section 13.6 of the Clubs Constitution Adrian Caddy’s position of Director will become vacant this year following his 72nd birthday. However in accordance with section

12.1 the Board has decided that the number of Directors will be reduced to 10. Therefore this year there will be three positions declared vacant.

One other candidate has nominated for election and therefore we have four candidates standing for the three positions to be declared vacant.

Details of all candidates appear on the following page and members were requested to vote for the three vacant Directors positions in the Canberra Southern Cross Club Spring 2010 Newsletter. ACT Electoral Commissioner is to be responsible for counting votes for this year’s election and the Board has appointed the Chief Executive Officer Greg Mitchell as the Returning Officer.

After the ACT Electoral Commissioner has advised the results of the election the successful candidates will meet with the other seven Directors of the Club (prior to the Annual General Meeting on 13th October 2010) and elect the Board Executive for the forthcoming year, which will be announced at the AGM.

The remaining seven Directors who did not need to stand for election at this time are, Paul Rollings, Jack Rice, Mary Laughlin, Kim Marshall, David Grimmond, John Lewis and Adrian O’Loughlin.

Greg MitchellChief Executive Officer

Corporate Information

20 CSCC Annual Report 2009–2010

Nominations for Directors

Dr Stephen Kendal

A resident of Canberra since 1973, Stephen is happily married to his wife Alison and has three children now in their mid twenties.

He has over thirty years experience in management and policy development to support public service and business. He also has extensive experience working as a volunteer and at the executive level of community sporting, cultural and public service social clubs.

Simon Plummer

Simon is a well known face at the Southern Cross Club having been employed as a Director for 11 years and involved with Club Management for 7 years. Self-employed, he has owned several small

businesses in the hospitality and sporting industry and is currently a member of the Finance Committee, Member Services Committee and Risk Management Sub Committee. He is married with 2 young children and is interested in all aspects of the Club, particularly member services and the Clubs expansion on the Northside of Canberra where he lives.

Christopher Behrens

Chris has been involved with the Club as a legal advisor and board member for 15 years. He joined the Board in January 2007. He is a Senior Executive Lawyer with the Australian Government Solicitor

and formerly worked with Mallesons, Stephen Jaques, Solicitors. Chris is a past President of the Woden Valley Youth Choir and a former board member of Capital Football. He is married with 3 school-age children and lives in the Woden Valley. Chris serves as a member of the Planning & Governance, Member Services and Community Contributions sub-committees.

Bob Lloyd

A life member of the club since 1972, Bob has served on the Board of Directors for 14 years.

He completed his term as President in 2009 and previously served as Senior Vice President and Vice President. He is the Club’s current representative on the Board of Clubs ACT and is a Member of the Australian Institute of Company Directors.

Bob is dedicated to maintaining the Club’s high standards, and providing members with a range of sporting and social activities. The redevelopment of the Club’s facilities, including the forward planning of the new look Yacht Club, the Events Centre at Woden and currently the refurbishment of the Jamison Club, has been a focal point of Bob’s continuing contribution to the Club and its future.

CSCC Annual Report 2009–2010 21

Jack ricePRESIDENT

Christopher BehrensDIRECTOR

Kim MarshallDIRECTOR

paul rollingsSENIOR VICE PRESIDENT

Adrian CaddyDIRECTOR

Adrian o’loughlinDIRECTOR

John lewis VICE PRESIDENT

David GrimmondDIRECTOR

Simon plummerDIRECTOR

Mary laughlinVICE PRESIDENT

Bob lloydDIRECTOR

The Board of Directors

We’re Club of the Year 2010!For the second year in a row, your Canberra Southern Cross Club has been awarded the highly coveted industry accolade of Club of the Year. This impressive victory was accompanied by a number of other wins across a range of sectors including:

• Member Services

• Community Assistance

• Club Dining – Southern Cross Restaurant & Cocktail Bar, Woden

• Club Functions

With commendations for:

• Promotion of Sport

• Human Resources Management

• Responsible Gaming & Gaming Facility

• Club Sector Contribution

“It’s great to receive industry recognition for the service we provide to our members,” said Greg Mitchell, CEO of  the Canberra Southern Cross Club. “And it only makes us more determined to keep raising industry standards and responding to the growing and changing needs of our members.”

Woden 6283 720092-96 Corinna Street Phillip ACT 2606

Tuggeranong 6293 7200Cnr Holwell & Pitman Streets Tuggeranong ACT 2900

Jamison 6251 2255Cnr Catchpole & Bowman Streets Macquarie ACT 2614

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

Kaleen 6241 2509Georgina Crescent Kaleen ACT 2617

Turner 6247 7838McCaughey Street Turner ACT 2612

Southern Cross Health Club 6283 7340 Irving Street Phillip ACT 2606

Pitch & Putt 6232 5494Irving Street Phillip ACT 2606

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

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

[email protected]

www.cscc.com.au