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CONTENTS

Presidents Report 2

Annual Report - Board of Directors 4

Coaching Statistics 7

Umpiring Statistics 7

Life Members 8

Patron 8

Personnel 9

Regional Co-ordinators 9

Anne Clark Service Awards 10

National Championship Results 11

Netball NSW Award Recipients 11

NSW Membership Report 15

Directors Report 17

Auditors Report 19

Financial Report 20

Netball NSWPO Box 396 Lidcombe NSW 1825

Anne Clark Netball CentreChurch Street Lidcombe NSW 2141

Tel: 02 9646 5666 Fax: 02 9646 5333 Web: www.netballnsw.com Email: [email protected]

CONTENTS

1NSW netball association limited 2006> annual report

NSW netball association limited 2006> annual report

A year in review …… In sitting down to write this Annual Report it becomes increasingly difficult to decidewhat order in which to acknowledge events and individuals and their achievements throughout our year.They are all of equal importance to our organisation and its membership.

This past year has seen us move further along the path to achieving a more professionally runorganisation and one whose governance offers equity for all its members. We still have further work tobe completed on our processes and policies but 2006 saw us make major strides in this area. We sawchanges in our professional staff and a more strident move for the Board to be strategic in its thinking andendeavours. Our improved fiscal management and accountability is reflected in our Annual FinancialReport and I commend all of those involved for their commitment and diligence in improving this area ofour operation.

We again enjoyed a very full and fruitful year; all that planning certainly pays off when you look at theresults! Our calendar of regional and metropolitan meetings continues to develop and provide the Boardwith tremendous feedback on matters of significance to Districts.

The year started with a flurry of successful coaching and umpiring activities prior to the commencementof what was surely our most successful State League competition to date, culminating in the presentationof that magnificent Waratah Cup in Division 1. To all those Districts, both metropolitan and regionally, whosupported the State League competitions I say thank you for your tremendous support in showcasing thenetballing talent around the State.

At the National level we have consistently achieved players into the Australian Open and 21’s squads,players that have gone on to represent at the Commonwealth Games and the Test Series against NewZealand. They are wonderful women and we salute them – Liz Ellis, Catherine Cox, Selina Gilsenan,Alison Broadbent, Mo’onia Gerard, Susan Pratley. Kimberley Green, Alex Harding, Joanne Sutton,Samantha May and Leah Shoard talents are coming to the fore and we have emerging talent via Erin Bell,Maryanne Hamilton, Lauren Russell, Courteney Tairi and Elly Willan reinforcing the strength and depth oftalent in NSW.

The strength of the Waratah was on display at Penrith for the Underage National Championships in Aprilunder Tracey Robinson and Lenore Blades, and in Adelaide in September for the 21 and Unders NationalChampionships under the watchful eye of Anita Keelan. We were consecutive Champions in the 17 andUnders and Runners-Up in the 19s and Under and third in the 21 and Unders. Again all of our playersand personnel displayed discipline, courage and sportsmanship on and off the court, giving nothing buttheir best, and it is indeed a pleasure to travel with them and be recognised as part of the NSWcontingent. A special thanks to all of the parents, grandparents and supporters who travel any distanceto support our teams. I know that the players enjoy and appreciate your efforts.

To our wonderful Districts – Penrith, Newcastle, Charlestown and Lakeside that hosted our flagshipevents – the State and State-Age Championships – our sincere thanks. To all the District personnel, ourNSW Committees – Events, Umpires and Selections, and Staff our sincere thanks for applying your skilland expertise to ensure both of these events exceed our expectations.

Our Annual Dinner has become a “must attend” on the calendar. Our special guests in attendance on thenight commented on how special an evening it was and their thanks at being asked to be a part of it. Theacknowledgement of joint winners, for the first time, for the Nance Kenny Medal, Katie Walker and AppleeKannengiesser together with Liz Ellis being named the Marilyn Melhuish CBT Player of the Year Awardand Margaret Corbett and Terese Kennedy being inducted into the Hall of Fame all made for greatacknowledgement through physical presence, written word or a video with the waves lapping in thebackground. To Anne Sargeant and Gail Eckert our sincere thanks in making this night unforgettable.

PRESIDENT’S REPORT 2006

2

Our time honoured Anne Clark Service Award recipients did not disappoint; it was wonderful to watch thereaction as the names were announced, these wonderful ladies who had no idea that they were to receiverecognition for their years of dedicated service to our sport at the District level – we salute you – CathyAird, Val Brunker, Beverley Dew, Kay Smith and Rhonda Swindale.

To our many corporate and individual sponsors to our organisation, we acknowledge and salute you foryour ongoing support – the Commonwealth Bank, the TAB, McDonald’s Hunter Franchisees, SydneyOlympic Park Authority, Court Craft, Denton Homes, Mitre Sports, Victor Sports, NBN, West Leagues ClubNewcastle, NIB Health Funds, and Cartridge World.

We have had a very healthy representation from our umpiring ranks within the CBT Pool of Umpires andumpires selected to attend the National Championships. We especially acknowledge Sharon Kelly whoattended the Commonwealth Games in Melbourne in March. In a year that has seen a new AA umpire,more Level 2 Coaches and many more individuals gaining accreditation and badges below this elite levelour technical areas are to be congratulated on their results.

A tremendous amount of work has been done on what we hope will be the future home of Netball NSW.To those individuals, and especially Rodney Watson, for your ongoing endeavours on our behalf we thankyou. It is extremely important for our sport that we push forward with the concept of “Netball in the Park”if we are to continue to develop and grow our sport to keep pace with the ever increasing number of sportsthat we are competing with for funds and space.

I now find myself at our CBT Teams – the Sydney TAB Swifts and the McDonald’s Hunter Jaegers. Weon the Board of Netball NSW do not differentiate between these two teams, they are both very much astrong part of Netball NSW. They both provide through the development teams, Jays and Storm,opportunities for our up and coming players to put their toe into the CBT pool. They experienced verydifferent but positive years and we are proud of them all.

The McDonald’s Hunter Jaegers came through a very difficult period under the watchful and progressiveeye of Jon Fletcher; a year where they experienced all the emotions of being up and then down, of beatingthe Adelaide Thunderbirds in an absolute thriller; of again experiencing the best crowds in the country. Ayear to build upon and a springboard to bigger and better outcomes in 2007.

To the magnificent Sydney TAB Swifts – an undefeated season. That just about says it all – all that hardwork and planning paid dividends for a team that was determined to make amends for the previousseason end. The benchmark has certainly been raised.

I look forward to 2007 and what lies ahead for our sport and I would like to thank the Districts, ourhardworking staff and the Board for the support and friendship that has been extended to me over thepast year. To all that have contributed in some small way over the past year thank you for making oursport that much better for your contribution.

I trust that you will all be a part of the next instalment in the ongoing development and forward movementof Netball NSW. See you around the courts.

Wendy Archer AMPresident

NSW netball association limited 2006> annual report 3

ANNUAL REPORT–BOARD OF DIRECTORS


JANUARY

FEBRUARY

MARCH

APRIL

MAY

NNSW invited to be part of 2009 World Masters Games to be held in Sydney.

Media release from Minister for Sport re Women in Sport Scholarships.

Jon Fletcher appointed as Head Coach for the McDonald’s Hunter Jaegers.

Netball Associations across NSW receive a total of $187,570 in State Government grants

for new amenities and courts.

Entries close for State League and 17’s Region 1 competitions with total entries received

increasing on last year.

Netball NSW receives award for “Event of the Year” for 2005 State Age Championships

and Neita Matthews receives Lifetime Recognition Award at Sport NSW Dinner.

Commonwealth Games held in Melbourne – Australia wins silver medal with Catherine

Cox(Vice Captain), Susan Pratley, Alison Broadbent, Natalie Avellino and Megan Dehn

being selected from NSW. Alison and Natalie announce their retirement from

international competition.

Netball NSW hosts a very successful National 17/19 Championships at Penrith with NSW

winning the 17 years and being runners up in the 19 years. Courtney Harrington

awarded National “A” badge at Championships.

Metropolitan Zone meeting held at Blue Mountains Association with Blue Mountains,

Penrith, Blacktown and Hawkesbury representatives attending.

Netball NSW accepted as part of World Masters Games being held in Sydney in 2009.

Carolyn Campbell appointed General Manager Netball NSW.

Metropolitan Zone meeting held at Gosford with Gosford, Wyong and Woy Woy

Associations being represented. Metropolitan Zone meeting held at Northern Suburbs

Association with Manly, Ku-ring-gai, Randwick and Northern Suburbs Associations

represented. Region 8 Meeting held at Wagga Wagga.

4

Anne Sargeant officially opens the State Championships held at Penrith netball courts.

Entries have again increased with a second division in the Open’s being included.

Netball NSW hosts informal visit from Singapore Netball with games being played

against Metro and Academy squads.

Netball NSW Strategic Plan 2006 – 2011 published.

Metropolitan Zone meeting held at Eastwood Ryde with representatives of Eastwood

Ryde, Parramatta Auburn, Hills and Baulkham Hills represented.

NA release the High Performance Plan 2005-2007

State Age Championships again has increased in numbers with ten new teams entered

into 12/13 years divisions. Championships held at Newcastle, Charlestown and Lakeside.

Region 3 Meeting held at Orange and Metropolitan Zone meeting held at Sutherland with

Sutherland, St. George, Bankstown and Illawarra attending.

MOU between NA, MO’s and ANPA finally signed for 2006 only.

Netball NSW Board met with new NA President Noeleen Dix and NA Acting CEO Jon

Bisset for wide ranging discussions covering the future of the CBT competition, the

relocation of NA to Melbourne and the NA Database.

NA media release re possible Trans Tasman competition in 2008.

NNSW hosts CBT grand final with the Sydney TAB Swifts winning the 2006 CBT

premiership, undefeated.

Region 2 meeting held at Kurri Kurri and Region 6 meeting held at Armidale.

Metropolitan zone meeting held at Campbelltown with Campbelltown, Fairfield, Camden,

Liverpool, Wollondilly and Southern Highlands being represented.

Netball NSW prepares a submission for the NSW Parliamentary inquiry into

Sportsground Management in NSW – submission posted on NNSW website.


JUNE

JULY

AUGUST

5

NIB Hunter Jays win inaugural “Waratah Cup” as winners of State League Region 1

Division 1 Competition.

NA Council meeting adopts new Constitution at its meeting held in Adelaide.

NNSW State League Forum held with 20 Associations represented along with ACT,

Sydney Storm and NIB Hunter Jays.

McDonald’s Hunter Jaegers presentation held with awards going to Narelle Eather, Jane

Menzies and Emma Koster.

Sydney TAB Swifts held their presentation with Jackie Murphy and Liz Ellis winning

awards.

21’s State Team finish third in national Championships held in Adelaide. Alex Harding,

Leah Shoard, Samantha May and Joanne Sutton selected into Australian 21’s squad. Liz

Ellis (captain) Catherine Cox, Mo’onia Gerrard, Susan Pratley and Selina Gilsenan

selected into Australian Team to play three test series against NZ in NZ.

Therese Kennedy and Margaret Corbett inducted into Netball NSW Hall of Fame. Moira

Gaha wins inaugural “Margaret Corbett State League Coach of the Year” award, Liz Ellis

wins Marilyn Melhuish award as NSW CBT player of the year and Applee Kannengiesser

from Penrith Association and Katie Walker from Manly Waringah are joint winners of the

Nance Kenny medal as State League Player of the Year.

Cathy Aird (Baulkham Hills), Bev Dew (Manly), Kay Smith (Lower Clarence), Val Brunker

(Kiama) and Rhonda Swindale (Ulladulla) receiving Anne Clark Service Awards.

Netball NSW proposal for “Netball in the Park” is forwarded to NSW Treasury for funding.

Decision made to implement the NA national website system for Netball NSW with

Districts asked to submit EOI’s for training and inclusion in website.


SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER

6


COACHING STATISTICS

2005 2006

In Year To Date In Year To Date

O.T.C. 1,368 18,092 1,499 19591

Level 1 524 4,312 310 4,622

Level 2 4 63 2 65

Level 3 0 4 0 5

Note: these figures are at the time of the report and do not allow for late advices from Associations

UMPIRING STATISTICS

2005 2006

In Year To Date In Year To Date

Theory Certificates 2,718 42,037 2,775 44,812

Section 2 Theory 1 151 6 157

Level 1 Accreditations 1,500 15,901 2,112 18,013

Level 2 Accreditations 30 2,486 16 2,502

C Badges 143 5,553 277 5,830

B Badges 13 1,109 46 1,155

A Badges 4 154 7 161

AA Badges 0 28 1 29

Note: these figures are at the time of the report and do not allow for late advices from Associations

COACHING AND UMPIRING STATISTICS

NSW netball association limited 2006> annual report8

LIFE MEMBERS

1950 Miss Mary Matheson (deceased)

1952 Mrs Edna Ross (deceased)

1964 Miss Margaret Morris

1966 Mrs Nance Kenny OAM

1967 Mrs Marie Dundon (deceased)

1968 Miss Anne Clark (deceased) BEM

1970 Mrs Amy Dobbie (deceased)

1970 Miss Dorothy McHugh OAM

1972 Mrs Eileen Percy (deceased)

1974 Mrs May Hackett (deceased) MBE

1975 Mrs Moira McGuinness

1978 Mrs Pat Weston OAM

1980 Mrs Neita Matthews

1981 Mrs Marj Groves (deceased) AM

1982 Mrs Margaret Corbett

1982 Mrs Barbara Long

1985 Mrs Audrey Davis

1989 Mrs Marie Dunn

2000 Mrs Lynn Quinn

2002 Mrs Anne Doring

2004 Mrs Marilyn Melhuish OAM

PATRON

Neita Matthews

Hon. Faye Lo’Po AM

BOARD OF DIRECTORS

President Mrs Wendy Archer AM

Vice President Mr Rodney Watson

Director, State Administration Ms Michele Murphy

Director, Finance Mr John Hahn

Director, Sports Marketing Mrs Jan Troy

Director, Championships & Competitions Mrs Lynn Quinn

Director, Technical Services Mrs Jennie Webster (to March 2006)

Mrs Carol Baiton (from March 2006)

Director, General Manager Mr Ian Harkness (to March 2006)

Mrs Carolyn Campbell (Acting GM from March 2006)

Mrs Carolyn Campbell (Confirmed Appointment May 2006)


PERSONNEL

Technical Services Manager Carolyn Campbell (to March 2006)

Game Development Manager John Bruning (from September 2006)

Marketing & Events Manager Gail Eckert

Finance & Admin Manager Kate Patterson

Umpire Education Officer Jan Simpson

Umpire Administrator Jade Bull (to May 2006)

Lynne Lang (from June 2006)

Player Development Officer Christine Irwin (to February 2006, P/T from March 2006)

Coach Administrator Mark Heathcote (to April 2006)

Christina Rollo (from July 2006)

Media & Public Relations Catherine Sneddon (to July 2006)

Swifts Administrator Briony Akle (to May 2006)

Kristie Fitzgerald (from May 2006)

Jaegers Administrator Janelle Entwistle

Member & Web Services Richard Benn (to July 2006)

Michael Costa (from August 2006)

Office Administrator Joanna Lamont (to February 2006)

Jessica Morrissey (from February 2006)

Database Support David Simpson

Anne Clark Centre Officer John McCue

REGIONAL CO-ORDINATORS

Far North Coast Leslie Kirk

North Coast Narelle Stokes

Hunter Nerida Lucas

Northern Inland Debbie Clark

South Coast Jeanine Hahn (from December 2005)

Riverina Keryn Boundy

Western Rachel Hughes


ANNE CLARK SERVICE AWARDS

1976 Margaret Corbett Sutherland Shire

Jean Gee Manly Warringah

Moira McGuinness Sutherland Shire

Irene Pychtin Eastwood Ryde

1977 Val Curran Illawarra

Marj Groves* Sutherland Shire

Pam Hall Manly Warringah

Gai O’Sullivan Eastwood Ryde

Joy Waite (Lister) Manly Warringah

1978 Edna Jenkin* Illawarra

Barbara Long Liverpool City

Neita Matthews Eastwood Ryde

Betty Moore Bankstown City

Jean Peare Hawkesbury

Mavis Shipway* Sutherland Shire

Gladys Waugh St George

1979 Evelyn Bywater Western Suburbs

Agnes Ellis* Sutherland Shire

Molly Smith* Lakeside

1980 Val Oliver Illawarra

Kath Whiteley Liverpool City

1981 Clare Lear Illawarra

1982 Pat Craig Gosford

Margaret Elder Baulkham Hills

Evelyn Langbein Manly Warringah

1983 Beatrice Bessell Hawkesbury

Myra Bradley Illawarra

Maureen Greentree* Sutherland Shire

Robyn Kenny Forbes

Beryl Mooney* Tamworth

1984 Adele Saunders Newcastle

1986 Dot Lockwood Tamworth

June Roby Westlakes

1987 Joan Buttriss* Penrith

Marie Dunn Parramatta Auburn

Betty McGirr Illawarra

Gai Urquhart Newcastle

1988 Carol Baiton Young/Shoalhaven

1990 Lorna Allen Newcastle

Val Lalor* Eastwood Ryde

Peggy Moore Singleton

Cath Penning Liverpool City

1991 Jeanette Wright Ku-ring-gai

1992 Nance Dwyer Newcastle

Sheila Eather* Hawkesbury

1993 Clare Loughland Manly Warringah

1994 Frances Smith Tamworth

Jill Beckhaus Penrith

Myrtle Williams Sutherland

Anne Marie Osborne Lithgow

1996 Ivy Haughey St George

Margaret McGrath Lakeside

Sue Mitchell Shoalhaven

1997 Maureen Long Liverpool

Madeleine Allen West Lakes

Joy Charles Illawarra

Noeline Boyce Maitland

Irene Murray Charlestown

1998 Eulalie Hayes Grafton

Kath Fullagar Bankstown City

1999 Margaret Smith Penrith

Joan Burge Northern Suburbs

Pat Bishop Sutherland

2000 Joan Marscham Eastwood Ryde

Shirley Fitzgerald Lakeside

Brenda Williams Ku-ring-gai

Shirley Connolly Campbelltown

Maureen Boyle Manly Warringah

2001 Barbara Bird Maitland

Joan Brook Gosford

Christine Byng* Bankstown

Maureen Goetze Blue Mountains

Coralie Newman Manly Warringah

2002-Mar Pam Guyer Macleay

June Jarmain Westlakes

Yvonne Keegan Orange

Lesley Quinn Northern Suburbs

Gwen Winsor Manly Warringah

2002-Nov Carmel Higgins Blue Mountains

Vera Wiltshire Manly Warringah

Valda Hampson Woy Woy

Estelle Lawler Liverpool

Margaret Burke Sutherland

2003 Robyn Bates Eastwood Ryde

Laurie Bissaker Inner Western Suburbs

Roslyn De Luca Manly Warringah

Colleen Kime Blue Mountains

Dianne Pascoe Charlestown

2004 Helen Andrews St George

Len Burgess Hills

Betty Greenaway Fairfield

Rena Spears Queanbeyan

Patricia Yeomans Parramatta Aurburn

2005 Helen Cane Baulkham Hills

Lynne Middleton Orange

Helene Herbert St George

Lesley Morgan Sutherland

Kay Hodge Ulladulla

2006 Cathy Aird Baulkham Hills

Val Brunker Kiama

Beverley Dew Manly Waringah

Kay Smith Lower Clarence

Rhonda Swindale Ulladulla* Deceased


NSW NATIONAL CHAMPIONS

Opens 21 & Under 19 & Under 17 & Under

1926 1974 1988 19851956 Shared SA / VIC 1977 Shared VIC 1992 19861976 Shared SA / WA 1980 1994 1989

1979 Shared SA 1983 1995 19901984 1984 1999 19931985 1985 2002 19941987 1987 19951988 1988 19991989 1989 20001990 1993 20051991 1998 20061992199319941997199920042005

COMMONWEALTH BANK TROPHY PREMIERS2001 Sydney TAB Swifts Def Adelaide Thunderbirds 57 322004 Sydney TAB Swifts Def Melbourne Phoenix 52 512006 Sydney TAB Swifts Def Medibank Adelaide Thunderbirds 65 36

INDUCTEES - NETBALL NSW HALL OF FAME2004 Anne Clark 2005 Carissa Tombs

Amy Dobbie Keeley DeverySue Kenny 2006 Margaret CorbettAnne Sargeant Terese Kennedy

MARILYN MELHUISH AWARD - NSW CBT PLAYER OF THE YEAR2003 Mo'onia Gerrard Sydney Sandpipers2004 Alison Tucker Hunter Jaegers2005 Catherine Cox Sydney TAB Swifts 2006 Liz Ellis Sydney TAB Swifts

NANCE KENNY MEDAL - STATE LEAGUE PLAYER OF THE YEAR2000 Shay Barley NSWIS2001 Nerida Stewart Ku-ring-gai2002 Nerida Stewart Ku-ring-gai2003 Tanya Lund Manly Warringah2004 Kelly Adamson Penrith

Megan Bertenshaw Hawkesbury2005 Samantha May Sydney Storm2006 Katie Walker Manly Waringah

Applee Kannengiesser Penrith

MARGARET CORBETT MEDAL - STATE LEAGUE COACH OF THE YEAR2006 Moira Gaha St George

NEITA MATTHEWS - UMPIRE ENCOURAGEMENT AWARD2005 Alan Melville Liverpool2006 Rachel Hughes Bathurst

NATIONAL CHAMPIONSHIP RESULTS

17 & Under Winner

19 & Under Runners up

21 & Under Third


McDONALD’S HUNTER JAEGERS

McDONALD’S HUNTER JAEGERS PLAYER APPEARANCES 2004-2006

PLAYER NAME Jaegers Other Games TOTAL CBT

NUMBER Games Games

1 Raegan Jackson 28 78 (Swifts) 106

2 Alison Tucker 27 53 (Ravens), 27 (S’pipers) 107

3 Rebecca Chapman 14 48 (Firebirds) 62

4 Annabel Gazzoli 35 4 (S’pipers) 29

5 Kimberlee Gilmour 32 (7 Swifts) 39

6 Danielle Harvey 16 53 (S’pipers) 69

7 Lara Welham 42 14 (S’pipers) 56

8 Jane Menzies 42 2 (Firebirds) 44

9 Kimberley Purcell 40 7 (S’pipers) 47

10 Katie Walker 22 - 22

11 Cirsty Monaghan 12 - 12

12 Hannah Hauser 9 (9 S’pipers) 18

13 Karen Thew 4 4 (Swifts) 8

14 Jane Altschwager 26 5 (T-birds), 50 Swifts 81

15 Katie Bradstock 23 12 (Darters) 35

16 Corinne Tippett 1 3 (Darters) 4

17 Daneka Wipiiti 2 - 2

18 Narelle Eather 13 3 (Swifts) 16

19 Emma Koster 14 22 (Darters) 36

20 Tiffany Lincoln 13 - 13

21 Sally Lampshire 2 13 (Ravens) 15

COACHES RECORDSCoach Year Coached Won Lost Draw Win %

Maria Lynch 2004-2005 28 11 17 0 39%Jon Fletcher 2006 14 3 11 0 21%

2006 RESULTS

Round

1 Perth Orioles 67 Def McDonald’s Hunter Jaegers 38

2 Medibank Adelaide Thunderbirds 63 Def McDonald’s Hunter Jaegers 28

3 McDonald’s Hunter Jaegers 71 Def AIS Canberra Darters 35

4 Allied Pickfords Melbourne Kestrels 61 Def McDonald’s Hunter Jaegers 41

5 Queensland Firebirds 68 Def McDonald’s Hunter Jaegers 47

6 Sydney TAB Swifts 53 Def McDonald’s Hunter Jaegers 44

7 Melbourne First National Phoenix 60 Def McDonald’s Hunter Jaegers 45

8 Perth Orioles 62 Def McDonald’s Hunter Jaegers 55

9 Melbourne First National Phoenix 49 Def McDonald’s Hunter Jaegers 48

10 McDonald’s Hunter Jaegers 51 Def Medibank Adelaide Thunderbirds 49

11 Queensland Firebirds 59 Def McDonald’s Hunter Jaegers 53

12 Sydney TAB Swifts 42 Def McDonald’s Hunter Jaegers 38

13 McDonald’s Hunter Jaegers 59 Def AIS Canberra Darters 37

14 Allied Pickfords Melbourne Kestrels 57 Def McDonald’s Hunter Jaegers 43


SYDNEY SANDPIPERS

SYDNEY SANDPIPERS PLAYER APPEARANCES 1997 - 2003

PLAYER NAME Sandpipers TOTAL CBT

NUMBER Games Games1 Sue Kenny 12 122 Carissa Tombs 25 253 Natalie Avellino 71 844 Sharon Finnan 27 685 Kirsten Moore 36 366 Natalie Read 3 37 Vicki Roberts 25 258 Danielle Harvey 53 589 Christine O’Connor 34 3410 Kristina Bazdaric 1 111 Natalie Forrester 1 112 Karen Miller 7 8013 Nicole Cusack 8 2214 Natalie Sloane 15 8415 Megan Anderson 13 12016 Kristy Doyle 27 4217 Maree Turnball 1 118 Abby Teare 1 2319 Katrina McCaffery 37 4720 Joanne Morgan 68 9921 Ollivia Beveridge 8 822 Alison Tucker 27 9423 Mo’onia Gerrard 67 6724 Sarah Leach 15 1525 Kate Cransie 20 4626 Sam Andrews 3 5327 Michelle Neville 24 2428 Sarah Barrett 16 4829 Nicole McMahon 51 5130 Paula Peralta 2 331 Megan Fleiner 12 1432 Amy Stevens 10 2533 Penny Wannop 29 3034 Annika Menke 2 235 Shay Barley 21 2636 Hannah Hauser 9 1237 Lara Welham 14 2838 Kimberley Purcell 7 2039 Alex Hodge 26 11540 Zoe Uphill 2 241 Annabel Gazzoli 4 1742 Kelly Adamson 10 5043 Jacqui Roberts 10 3644 Maree Tyndall 1 1

COACHES RECORDS

Coach Years Coached Won Lost Draw Win %Margaret Corbett 1997-1999 43 14 28 1 33%

Lenore Blades 2000-2001 30 18 11 1 60%Anita Keelan 2002-2003 28 12 15 1 43%

SYDNEY TAB SWIFTS PLAYER APPEARANCES 1997 - 2006

PLAYER NAME Swifts Other Games TOTAL CBTNUMBER Games Games

1 Catriona Wagg 49 - 492 Liz Ellis 160 - 1603 Megan Anderson 107 17 (Ravens), 13 (S’pipers) 1374 Alison Broadbent 152 - 1525 Catherine Cox 123 25 (Orioles) 1486 Raegan Jackson 78 14 (Jaegers) 1067 Victoria Saywell 40 - 408 Sharyn Hill 5 - 59 Erin Culnane 11 - 1110 Joanne Morgan 31 68 (S’pipers), 15 (F’birds) 11411 Karen Miller 35 7 (S’pipers), 38 (F’birds) 8012 Nerida Stewart 24 - 2413 Julie Harrison 4 - 414 Kelly Adamson 40 10 (S’pipers) 5015 Selina Gilsenan 108 - 10816 Amy Stevens 1 14 (Orioles), 10 (S’pipers) 2517 Natalie Sloane 33 15 (S’pipers), 10 (T’birds), 26 (F’brids) 8418 Briony Akle 53 - 5319 Susan Diver-Tuck 4 - 420 Shay Barley 5 21 (S’pipers) 2621 Hayley McKivat 2 - 222 Jane Altschwager 50 5 (T-birds), 12 (Jaegers) 8123 Michelle Gillett 5 15 (Firebirds) 2024 Casey Bye 8 - 825 Sarah Barrett 49 16 (S’pipers) 6526 Kimberlee Gilmour 7 32 (Jaegers) 3927 Vanessa Ware 29 - 2928 Nardia Fitzgerald 13 - 1329 Paula Peralta 1 2 (S’pipers) 330 Kimberlee Green 28 11 (Darters) 3931 Marjorie Parr 1 - 132 Mo’onia Gerrard 22 67 (S’pipers) 8933 Karen Thew 4 4 (Jaegers) 834 Narelle Eather 3 13 (Jaegers) 1635 Sepi Langi 1 - 136 Samantha May 4 - 437 Erin Bell 8 - 838 Adelaide Johnson 3 - 339 Lauren Berger 1 - 140 Susan Pratley 16 38 (Darters) 5441 Leah Shoard 6 - 642 Joanne Sutton 2 18 (Darters) 2043 Jackie Murphy 4 29 (Darters) 3344 Chelsea Pitman 1 - 1

COACHES RECORDSCoach Years Coached Won Lost Draw Win %

Julie Fitzgerald 1997-2006 162 121 39 2 75%

2006 RESULTS

Round1 Sydney TAB Swifts 46 Def Allied Pickfords Melbourne Kestrels 352 Sydney TAB Swifts 71 Def Queensland Firebirds 383 Sydney TAB Swifts 52 Def Perth Orioles 364 Sydney TAB Swifts 53 Def Melbourne First National Phoenix 405 Sydney TAB Swifts 59 Def AIS Canberra Darters 376 Sydney TAB Swifts 53 Def McDonald’s Hunter Jaegers 447 Sydney TAB Swifts 46 Def Medibank Adelaide Thunderbirds 408 Sydney TAB Swifts 60 Def AIS Canberra Darters 309 Sydney TAB Swifts 50 Def Queensland Firebirds 3610 Sydney TAB Swifts 64 Def Perth Orioles 5611 Sydney TAB Swifts 54 Def Medibank Adelaide Thunderbirds 4912 Sydney TAB Swifts 42 Def McDonald’s Hunter Jaegers 3813 Sydney TAB Swifts 57 Def Allied Pickfords Melbourne Kestrels 4614 Sydney TAB Swifts 64 Def Melbourne First National Phoenix 43

Major Semi Sydney TAB Swifts 52 Def Medibank Adelaide Thunderbirds 42Grand Final Sydney TAB Swifts 65 Def Medibank Adelaide Thunderbirds 36


SYDNEY TAB SWIFTS


NSW MEMBERSHIP

2006Total2005

Total2006

As at 23.01.07 2005 2006 2005 2006 2005 2006 2005 2006ARMIDALE 122 108 438 496 8 10 0 2 568 616BALLINA 111 121 453 391 8 0 18 18 590 530BANKSTOWN CITY 673 633 1389 1492 151 176 0 0 2213 2301BATHURST 341 369 722 780 58 51 0 0 1121 1200BAULKHAM HILLS 805 750 2609 2550 157 172 0 0 3571 3472BELLINGEN 52 44 57 56 0 0 0 0 109 100BLACKTOWN 885 985 1884 2161 177 191 0 0 2946 3337BLAYNEY 36 24 165 140 0 6 0 0 201 170BLUE MOUNTAINS 350 277 811 766 193 183 0 1 1354 1227BOOROWA 13 24 83 71 0 0 0 0 96 95BOURKE 100 0 0 0 0 0 0 0 100 0BROKEN HILL 41 39 126 139 2 2 0 0 169 180BRUNSWICK BYRON 85 83 232 217 20 21 0 0 337 321CAMDEN 288 450 1045 1149 112 132 0 0 1445 1731CAMPBELLTOWN 573 640 1230 1246 162 136 0 0 1965 2022CASINO 71 81 240 284 2 5 0 0 313 370CENTRAL WESTERN 35 27 115 166 13 7 0 0 163 200CESSNOCK 329 285 585 568 42 41 0 0 956 894CHARLESTOWN 327 327 833 777 43 38 0 0 1203 1142CITY OF SYDNEY 116 95 0 0 1 2 0 0 117 97COBAR 33 0 57 56 0 1 1 0 91 57COFFS HARBOUR 166 127 548 338 45 23 0 0 759 488CONDOBOLIN 47 77 169 168 0 0 0 0 216 245COONABARABRAN 0 0 0 0 0 0 0 0 0 0COOMA 17 1 185 173 1 6 0 0 203 180COONAMBLE 0 29 83 107 0 0 0 0 83 136COOTAMUNDRA 54 7 160 147 0 0 0 0 214 154COWRA 54 48 254 241 0 4 0 0 308 293DUBBO 154 185 597 649 53 54 3 2 807 890DUNGOG 80 0 175 140 11 4 0 7 266 151EASTWOOD RYDE 980 1165 2284 1930 319 298 0 0 3583 3393EUROBODALLA 70 96 473 468 1 18 0 0 544 582FAIRFIELD CITY 340 384 882 887 72 72 0 0 1294 1343FARRER LEAGUE 163 141 107 114 4 8 0 0 274 263FORBES 95 138 230 254 13 10 0 0 338 402GLEN INNES 47 63 196 184 3 8 0 0 246 255GLOUCESTER 51 50 122 133 6 6 0 0 179 189GOSFORD 646 659 1624 1499 92 63 13 12 2375 2233GOULBURN 42 35 220 224 11 8 0 0 273 267GRAFTON 117 127 431 464 24 20 0 0 572 611GREAT LAKES 52 63 411 451 28 24 1 1 492 539GRENFELL 65 38 87 83 0 0 0 0 152 121GRIFFITH 149 184 634 563 2 5 0 0 785 752GROUP 14 0 0 346 276 6 2 0 0 352 278GUNNEDAH 67 98 258 253 15 7 0 0 340 358HASTINGS VALLEY 434 329 963 981 37 29 0 0 1434 1339HAWKESBURY CITY 267 323 1029 1060 60 112 14 0 1370 1495HAY 96 95 62 94 0 0 0 0 158 189HILLS DISTRICT 1014 938 2246 2163 208 233 0 0 3468 3334HILLSTON 60 35 7 10 0 0 0 0 67 45HUME 264 290 472 505 65 48 0 0 801 843ILLAWARRA 530 620 2040 2094 146 133 0 0 2716 2847INNER WESTERN 439 403 1683 1668 97 73 0 0 2219 2144INVERELL 0 36 0 335 0 4 0 0 0 375JINDABYNE 103 86 12 4 3 2 0 0 118 92KIAMA 137 143 563 572 86 72 0 0 786 787KU RING GAI 1120 977 2153 2477 255 253 0 4 3528 3711KURRI KURRI 18 0 223 167 11 16 0 0 252 183KYOGLE 0 53 0 63 0 0 0 0 0 116LAKE CARGELLIGO 34 55 14 38 0 0 0 0 48 93LAKESIDE 277 267 1109 1162 58 57 0 0 1444 1486LEETON 48 48 304 316 5 4 0 0 357 368LISMORE 391 414 522 549 38 39 0 0 951 1002LITHGOW 107 94 165 137 14 7 0 0 286 238

SeniorsJuniorNetta &

NonPlayers PWD

15


LIVERPOOL 412 355 1095 1191 89 94 0 0 1596 1640LOWER CLARENCE 44 61 279 282 22 26 0 0 345 369MACLEAY 112 113 450 408 33 23 0 1 595 545MAITLAND 302 290 1241 1351 89 108 0 0 1632 1749MANLY WARRINGAH 887 914 3208 3386 214 214 0 0 4309 4514MOREE 20 18 151 159 0 0 0 0 171 177MOUNT DRUITT 210 187 624 580 37 50 0 0 871 817MUDGEE 161 139 515 478 16 24 0 0 692 641MUSWELLBROOK 56 94 399 364 22 11 0 0 477 469NAMBUCCA 9 20 221 233 12 20 0 0 242 273NARRANDERA 64 57 102 93 1 3 0 0 167 153NARRABRI 75 0 174 0 7 0 0 0 256 0NELSON BAY 116 119 430 456 1 4 0 0 547 579NEWCASTLE 857 943 2576 2719 153 162 56 49 3642 3873NORTHERN RIVERINA 72 0 163 0 0 0 0 0 235 0NORTHERN SUBURBS 1258 1179 3108 3140 300 246 0 0 4666 4565ORANGE 164 201 902 1014 13 35 0 0 1079 1250PARKES 79 110 285 231 7 10 0 0 371 351PARRAMATTA/ 439 358 739 607 69 55 0 0 1247 1020PENRITH 1076 1162 2240 2187 141 169 0 0 3457 3518PORT STEPHENS 151 170 409 463 67 67 0 0 627 700QUEANBEYAN 147 105 362 493 38 39 0 0 547 637QUIRINDI 19 33 105 117 0 1 0 0 124 151RANDWICK 956 949 1965 2008 112 87 0 0 3033 3044MURRUMBIDGEE VALLEY 142 112 117 134 10 11 0 0 269 257SAPPHIRE COAST 168 151 613 546 12 25 0 0 793 722ST GEORGE 511 840 1128 975 83 89 0 0 1722 1904SCONE 75 108 172 194 5 1 0 0 252 303SHOALHAVEN 233 181 507 506 43 37 0 0 783 724SINGLETON 232 194 609 631 26 30 0 0 867 855SOUTHERN HIGHLAND 90 104 435 427 28 38 0 0 553 569SUTHERLAND SHIRE 2491 2847 2852 2338 287 367 31 35 5661 5587TAMWORTH 173 168 1320 1290 55 48 0 0 1548 1506TAREE 147 110 501 516 39 35 0 3 687 664TEMORA 0 0 109 106 3 3 0 0 112 109TENTERFIELD 28 21 6 5 0 0 0 0 34 26THE ROCK 0 0 0 0 0 0 0 0 0 0TUMUT 102 218 378 390 11 8 0 1 491 617ULLADULLA 53 39 147 188 11 14 0 0 211 241WAGGA WAGGA 791 671 1230 1384 51 72 0 0 2072 2127WARIALDA 29 35 53 60 0 0 0 0 82 95WOOLGOOGLA 0 87 0 173 0 12 0 0 0 272WELLINGTON 41 75 153 152 13 7 0 0 207 234WESTLAKES 86 97 413 401 41 41 0 0 540 539WEST WYALONG 65 101 119 152 7 10 0 1 191 264WOLLONDILLY 92 92 404 357 64 43 0 0 560 492WOY WOY 137 146 453 498 60 68 0 0 650 712WYONG 396 390 1668 1634 83 70 0 0 2147 2094YASS 79 0 190 238 1 8 0 0 270 246YOUNG 75 210 233 474 7 8 0 0 315 692

TOTAL= 28103 28857 72670 73375 5321 5389 137 137 106231 107758


THE NEW SOUTH WALES NETBALL ASSOCIATION LIMITEDA.B.N. 19 001 685 007 A COMPANY LIMITED BY GUARANTEE

DIRECTORS’ REPORT

Your Directors present their report on the Company for the financial year ended 31 December2006. In accordance with a resolution of the Directors, the Directors state:DIRECTORS The names of the Directors in office at any time during or since the end of the financial yearare:W Archer, R Watson, C Baiton (appointed 5 March 2006 and resigned 15 January 2007), JHahn, I Harkness (resigned 2 May 2006), M Murphy, L Quinn, J Troy, J Webster (resigned 5March 2006) and C Campbell (appointed 9 May 2006). Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.PRINCIPAL ACTIVITIES The principal activities of the Company during the financial year were to organize and administer the sport of netball throughout New South Wales.No significant change in the nature of these activities occurred during the year. NUMBER OF MEMBERSThe number of Members registered in the Register of Members as at 31 December 2006 was107,758 (2005: 106,231).OPERATING RESULTS The Company made a profit from ordinary activities for the financial year of $76,792 (2005: loss $18,849 after adjustments for first-time adoption of Australian equivalents to International Financial Reporting Standards). REVIEW OF OPERATIONS Affiliation Fees, Capitation Fees and Annual SubscriptionsConsistent with prior years, the fees received for the year commencing 1 April 2006 havebeen accounted for as held in advance for the period January to March 2006. Whilst thefinancial year is aligned with the calendar year, the membership year remains the period Aprilto March, and accordingly, a portion remains held in advance at year end.

The Directors have provided in the financial year ended 31 December 2006, for the capitationfees payable during the following financial year to the national body, All Australia NetballAssociation, as these are based on the membership as at 31 December 2006. Whilst payable in the following year, the amount is payable in respect to the membership at that year-end.

From the 2004/2005 season, the Company took part in a new national member’s insurancescheme. Previously the Company acted as a collection agent for the insurer, collecting feesfrom each member, and forwarding the amounts collected to the insurance agent.

With this scheme, the Company itself is insured as part of a National Scheme for allregistered members’. The policy is aligned with the year commencing 1 April 2006, and assuch an insurance prepayment has been brought to account in the balance sheet. With respect to the fees collected, these are for the period April to March, and accordingly, a portion remains held in advance at year end. STATE OF AFFAIRS In the opinion of the Directors, there were no significant changes in the state of affairs of theCompany that occurred during the financial year under review nor any significant changeslikely to affect the state of affairs of the Company in future financial years.LIKELY DEVELOPMENTS Likely developments in the operations of the Company and the expected results of those operations in future financial years have not been included in this report as the inclusion ofsuch information is likely to result in unreasonable prejudice to the Company.

DIRECTORS REPORT

17



DIRECTORS’ REPORT (CONTINUED)

ENVIRONMENTAL REGULATIONThe Company’s operations are not regulated by any significant environmental regulationunder a law of the Commonwealth or of a State or Territory.EVENTS SUBSEQUENT TO BALANCE DATENo matter or circumstance has arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Company, the results of thoseoperations or the state of affairs of the Company in subsequent years.DIVIDENDS AND OPTIONS No dividends or options were issued to Members during the financial year, nor throughout thelife of the Company.

INFORMATION ON DIRECTORS IN OFFICE AT THE DATE OF THIS REPORT W Archer President – Board member since 20 March 1999. Company Director. J Hahn Director Finance – Board member since 26 March 2000. Company Director.R Watson Director – Board member since 29 March 2003.M Murphy Director State Administration – Board member since 11 November 1995.J Troy Director Sports Marketing – Board member since 20 March 2005. L Quinn Director Championships & Competitions – Board member since 14 March 1998.C Campbell General Manager – Board member since 9 May 2006.

ATTENDANCE AT DIRECTORS MEETINGS Name Meetings Attended Meetings Eligible to

Attend W Archer 27 27 R Watson 26 27 J Hahn 25 27 M Murphy 27 27 J Webster (resigned 5 March 2006)* 4 4C Baiton (appointed 5 March 2006)* 19 23 L Quinn 27 27 J Troy 26 27 I Harkness (resigned .23 March 2006)*

6 6

C Campbell (appointed 9 May 2006)* 18 21

* Figures represent the maximum number of Board Meetings Directors were eligible to attend

DIRECTORS’ INDEMNITY The Company has provided for and paid premiums during the year for current Directors’ andOfficers’ liability insurance. The Directors have not included the details of the nature of theliabilities covered or the amount of the premium paid in respect of the Directors’ and Officers’ liability insurance contracts, as such disclosure is prohibited under the terms of the contract.

No person has applied for leave of the Court to bring proceedings on behalf of the Companyor to intervene in any proceedings to which the Company is a party for the purpose of takingresponsibility on behalf of the Company for all or any part of those proceedings.

Signed in accordance with a resolution of the Board of Directors:

W ARCHER J HAHN President DirectorDated this 1st day of February 2007.


BKR Walker Wayland

(NSW Partnership)

Chartered Accountants

8th Floor

55 Hunter Street Sydney

GPO Box 4836 Sydney

NSW 2001 Australia

Telephone +61 2 9951 5400

Facsimile +61 2 9951 5454

[email protected]

Website www.bkrww.com.au

AUDITOR’S INDEPENDENCE DECLARATION UNDER SECTION 307C OF THE CORPORATIONS ACT 2001 TO THE DIRECTORS OF THE NEW SOUTH WALES NETBALL

ASSOCIATION LIMITED I declare that, to the best of my knowledge and belief, during the year ended 31 December 2006there have been:

(i) no contraventions of the auditor’s independence requirements as set out in theCorporations Act 2001 in relation to the audit/review; and

(ii) no contraventions of any applicable code of professional conduct in relation to the audit

BKR WALKER WAYLAND A STEPHEN ROGER

(NSW PARTNERSHIP) Partner Chartered Accountants

Dated this 1st day of February 2007.

Partners: AS Roger, HC Thomas, RS Woods, SE Arnold, TF Tyler

Consultants: PJ Longhurst

Independent members of BKR International and BKR Walker Wayland National Association Inc.

Liability is limited by a

scheme approved under

Professional Standards

Legislation


The accompanying notes form part of these financial statements

20


INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2006

Note 2006 2005 $ $

REVENUE FROM ORDINARY ACTIVITIES 3 4,226,750 4,089,952

EXPENSES Sports centre operating expenses (284,174) (262,991)Administration expenses (1,873,251) (1,894,242)Coaching and umpiring expenses (204,832) (203,717)Teams and representation expenses (1,702,396) (1,556,347)Impairment of property plant and equipment - (32,305)

(4,064,653) (3,949,602)

EARNINGS BEFORE SIGNIFICANT ITEMS DEPRECIATION AND AMORTISATION 162,097 140,350

Significant expense items (13,620) (59,864)

Depreciation and amortisation (71,685) (99,335)

PROFIT (LOSS) FROM ORDINARY ACTIVITIES BEFORE INCOME TAX EXPENSE

476,792 (18,849)

Income tax expense relating to ordinaryactivities 1(a) - -

PROFIT (LOSS) FROM ORDINARY ACTIVITIES ATTRIBUTABLE TO MEMBERS 14 76,792 (18,849)

TOTAL CHANGES IN EQUITYATTRIBUTABLE TO MEMBERS 76,792 (18,849)




BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2006

Note 2006 2005$ $

CURRENT ASSETS Cash assets 5 1,143,955 847,987Receivables 6 124,882 38,790Inventories 7 34,433 21,415Other 8 224,104 200,678TOTAL CURRENT ASSETS 1,527,374 1,108,870

NON-CURRENT ASSETS Property, plant and equipment 9 498,716 528,111TOTAL NON-CURRENT ASSETS 498,716 528,111

TOTAL ASSETS 2,026,090 1,636,981

CURRENT LIABILITIESPayables 10 63,359 67,607Provisions 11 689,135 505,441Other 12 625,813 492,942TOTAL CURRENT LIABILITIES 1,378,307 1,065,990

NON-CURRENT LIABILITIESProvisions 11 - -TOTAL NON-CURRENT LIABILITIES - -

TOTAL LIABILITIES 1,378,307 1,065,990

NET ASSETS 647,783 570,991

EQUITYRetained profits 14 647,783 570,991

TOTAL EQUITY 647,783 570,991



22


STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2006

Note Retained Profits

$

Total

$

BALANCE AT 1 JANUARY 2005 589,840 589,840

Profit / (loss) attributable to members 14 (18,849) (18,849)

BALANCE AT 31 DECEMBER 2005 570,991 570,991

Profit / (loss) attributable to members 14 76,792 76,792

BALANCE AT 31 DECEMBER 2006 647,783 647,783




STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2006

Note 2006 2005 $ $

CASH FLOW FROM OPERATING ACTIVITIESReceipts from customers, members and sponsors 4,626,321 4,438,503 Payments to suppliers and employees (4,440,645) (4,342,851) Interest Received 57,004 36,714 Net cash provided by operating activities 18(b) 242,680 132,366

CASH FLOW FROM INVESTING ACTIVITIES Proceeds from sale of property, plant and equipment 34,747 24,888 Payment for property, plant and equipment (66,257) (76,031)Net cash used in investing activities (31,510) (51,143)

CASH FLOW FROM FINANCING ACTIVITIES Receipts from Government 84,798 47,700 Net cash provided by financing activities 84,798 47,700

NET INCREASE IN CASH HELD 295,968 128,923 Cash at beginning of financial year 847,987 719,064

CASH AT END OF FINANCIAL YEAR 18(a) 1,143,955 847,987


These notes form part of the financial statements

24


NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2006

NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES This financial report is a general purpose financial report that has been prepared inaccordance with Accounting Standards, Urgent Issues Group Consensus Views, otherauthoritative pronouncements of the Australian Accounting Standards Board, and theCorporations Act 2001.The financial report of The New South Wales Netball Association Limited complies with all Australian equivalents to International Financial Reporting Standards in their entirety Basis of Preparation First-time Adoption of Australian Equivalents to International Financial Reporting StandardsNew South Wales Netball Association Limited has prepared financial statements inaccordance with the Australian equivalents to International Financial Reporting Standards(IFRS) from 1 January 2006. In accordance with the requirements of AASB 1: First-time Adoption of Australian equivalentsto International Financial Reporting Standards, adjustments to the accounts resulting from theintroduction of IFRS have been applied retrospectively to 2006 comparative figures excludingcases where optional exemptions available under AASB 1 have been applied. The accountsare the first financial statements to be prepared in accordance with Australian equivalents toIFRS.The accounting policies set out below have been consistently applied to all years presented. Reconciliation of the transition from previous Australian GAAP to IFRS has been included inNote 2 to this report. Reporting Basis and ConventionsThe financial report has been prepared on an accruals basis and is based on historical costsa. Income Tax

No provision has been made for Income Tax as the Company is exempt underSection 50-45 of the Income Tax Assessment Act (1997), provided it continues as a sporting association predominantly encouraging and promoting the sport of netball inNew South Wales. Accordingly tax effect accounting has not been adopted by theCompany.

b. Revenue Recognition Revenues are recognised at fair value of the consideration received net of the amountof goods and services tax (GST) payable to the taxation authority. Exchanges ofgoods or services of the same nature and value without any cash consideration arenot recognised as revenues.Interest IncomeInterest income is recognised as it accrues, taking into account the effective yield onthe financial asset.

c. Goods and services tax Revenues, expenses and assets are recognised net of the amount of goods andservices tax (GST), except where the amount of GST incurred is not recoverable fromthe taxation authority. In these circumstances the GST is recognised as part of the cost of acquisition of the asset or as part of an item of expense.Receivables and payables are stated with the amount of GST included.The net amount of GST recoverable from, or payable to, the taxation authority isincluded as a current asset or liability in the statement of financial position.Cash flows are included in the statement of cash flows on a gross basis. The GST components of cash flows arising from investing and financing activities which arerecoverable from, or payable to, the taxation authority are classified as operating cashflows.





NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)d. Property, Plant and Equipment

Each class of property, plant and equipment is carried at cost or fair value less, whereapplicable, any accumulated depreciation.Plant & EquipmentThe carrying amount of plant and equipment is reviewed annually by directors to ensure it is not in excess of the recoverable amount from these assets. The recoverable amount is assessed on the basis of the expected net cash flows that willbe received from the assets’ employment and subsequent disposal. The expected netcash flows have been discounted to their present values in determining recoverableamounts.Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefitsassociated with the item will flow to the group and the cost of the item can bemeasured reliably. All other repairs and maintenance are charged to the income statement during the financial period in which they are incurred. The carrying amountof plant and equipment is reviewed annually by Officers of the Company to ensure itis not in excess of the recoverable amount from those assets.DepreciationThe depreciable amount of all fixed assets including building and capitalised leaseassets, but excluding freehold land, is depreciated on a straight line basis over their useful lives to the Company commencing from the time the asset is held ready foruse. Leasehold improvements are depreciated over the shorter of either theunexpired period of the lease or the estimated useful lives of the improvements. Itemsof property, plant and equipment, are depreciated over their estimated useful lives. The diminishing value method is used. The depreciation rates for each class of asset are: Class of Non Current Asset Depreciation Rate

Buildings 5% straight lineBuilding extensions 5% straight lineFurniture and fittings 9% - 20% straight line Equipment 9% - 20% straight line Motor vehicles 22.5% straight line Leased motor vehicles 22.5% straight lineThe assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.An asset’s carrying amount is written down immediately to its recoverable amount ifthe asset’s carrying amount is greater than its estimated recoverable amount.Gains and losses on disposals are determined by comparing proceeds with thecarrying amount. These gains or losses are included in the income statement. Whenrevalued assets are sold, amounts included in the revaluation reserve relating to thatasset are transferred to retained earnings.

e. LeasesLeases of fixed assets, where substantially all the risks and benefits incidental to theownership of the asset, but not the legal ownership, are transferred to the Company, are classified as financial leases. Finance leases are capitalised, by recording anasset and a liability equal to the present value of the minimum lease payments, including any guaranteed residual values. Leased assets are depreciated on astraight line basis over the estimated useful lives where it is likely that the entity willobtain ownership of the asset, or over the term of the lease. Lease payments areallocated between the reduction of the lease liability and the lease interest expense for the period.



26



NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)e. Leases (Continued)

Lease payments for operating leases, where substantially all the risks and benefits remain with the lessor, are charged as expenses in the period in which they areincurred.

f. InventoriesInventories are measured at the lower of cost and net realisable value.

g. Receivables Debtors are generally settled within 60 days. Debtor’s balances are carried atamounts due. The collectability of debts is assessed at year end and specific provision is made for any doubtful debts.

h. Employee EntitlementsProvision is made for the Company’s liability for employee entitlements arising from services rendered by employees to balance date. Employee entitlements expected tobe settled within one year together with entitlements arising from wages and salaries,annual leave and sick leave which will be settled after one year have been measuredat their nominal amount. Other employee entitlements payable later than one yearhave been measured at the present value of the estimated future cash outflows to be made for those entitlements.Contributions are made by the Company to employee superannuation finds and are charged as expenses when incurred.

i. Payables Liabilities are recognised for amounts to be paid in the future for goods or services received. Trade accounts payable are normally settled within 60 days.

j. Financial InstrumentsRecognition

Financial instruments are initially measured at cost on transaction date, whichincludes transaction costs, when the related contractual rights or obligations exist.Subsequent to initial recognition these instruments are measured as set out below.

Financial assets at fair value through profit and loss

A financial asset is classified in this category if acquired principally for the purpose of selling in the short term or if so designated by management and within the requirements of AASB 139: Recognition and Measurement of Financial Instruments.Realised and unrealised gains and losses arising from changes in the fair value ofthese assets are included in the income statement in the period in which they arise.

Loans and receivables

Loans and receivables are non-derivative financial assets with fixed or determinablepayments that are not quoted in an active market and are stated at amortised costusing the effective interest rate method.

Financial liabilities

Non-derivative financial liabilities are recognised at amortised cost, comprisingoriginal debt less principal payments and amortisation.





NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)j. Financial Instruments (Continued)

Fair value

Fair value is determined based on current bid prices for all quoted investments.Valuation techniques are applied to determine the fair value for all unlisted securities,including recent arm’s length transactions, reference to similar instruments and optionpricing models.

Impairment At each reporting date, the Company assesses whether there is objective evidencethat a financial instrument has been impaired. In the case of available-for-salefinancial instruments, a prolonged decline in the value of the instrument is consideredto determine whether impairment has arisen. Impairment losses are recognised in theincome statement.

k. Impairment of Assets

At each reporting date, the Company reviews the carrying values of its tangible andintangible assets to determine whether there is any indication that those assets havebeen impaired. If such an indication exists, the recoverable amount of the asset,being the higher of the asset’s fair value less costs to sell and value in use, is compared to the asset’s carrying value. Any excess of the asset’s carrying value overits recoverable amount is expensed to the income statement.

Impairment testing is performed annually for assets with indefinite lives.

Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash-generating unit to which theasset belongs.

l. Comparative figures

Where appropriate comparatives have been restated to ensure that they arecompatible with disclosures in the financial statements for the year ended 31December 2006.





NOTE 2: FIRST-TIME ADOPTION OF AUSTRALIAN EQUIVALENTS TOINTERNATIONAL FINANCIAL REPORTING STANDARDS Note

PreviousGAAP at

31.12.2004

Adjustments on

introductionof Australianequivalents

to IFRS

Australianequivalentsto IFRS at 31.12.2004

Reconciliation of Equity at 31 December 2004 $ $ $

CURRENT ASSETS

Cash and cash equivalents 719,064 - 719,064

Receivables 71,048 - 71,048

Inventories 24,139 - 24,139

Other 165,903 - 165,903

TOTAL CURRENT ASSETS 980,154 - 980,154

NON CURRENT ASSETS

Plant and equipment 604,805 - 604,805

TOTAL NON CURRENT ASSETS 604,805 - 604,805

TOTAL ASSETS 1,584,959 - 1,584,959

CURRENT LIABILITIES

Payables 60,136 - 60,136

Provisions 426,253 - 426,253

Others 508,730 - 508,730

TOTAL CURRENT LIABILITIES 995,119 - 995,119

TOTAL LIABILITIES 995,119 - 995,119

NET ASSETS 589,840 - 589,840

EQUITY

Retained profits 589,840 - 589,840

TOTAL EQUITY 589,840 - 589,840





NOTE 2: FIRST-TIME ADOPTION OF AUSTRALIAN EQUIVALENTS TOINTERNATIONAL FINANCIAL REPORTING STANDARDS Note

PreviousGAAP at

31.12.2005

Adjustments on

introductionof Australianequivalents

to IFRS

Australianequivalentsto IFRS at 31.12.2005

Reconciliation of Equity at 31 December 2005 $ $ $

CURRENT ASSETS

Cash and cash equivalents 847,987 - 847,987

Receivables 38,790 - 71,048

Inventories 21,415 - 21,415

Trade and other receivables 200,678 - 200,678

TOTAL CURRENT ASSETS 1,108,870 - 1,108,870

NON-CURRENT ASSETS

Plant and equipment a 560,416 (32,305) 528,111

TOTAL NON-CURRENT ASSETS 560,416 (32,305) 528,111

TOTAL ASSETS 1,669,286 (32,305) 1,636,981

CURRENT LIABILITIES

Payables 67,607 - 67,607

Provisions 505,441 - 505,441

Others 492,942 - 492,942

TOTAL CURRENT LIABILITIES 1,065,990 - 1,065,990

TOTAL LIABILITIES 1,065,990 - 1,065,990

NET ASSETS 603,296 (32,305) 570,991

EQUITY

Retained profits 603,296 (32,305) 570,991

TOTAL EQUITY 603,296 (32,305) 570,991




NOTE 2: FIRST-TIME ADOPTION OF AUSTRALIANEQUIVALENTS TO INTERNATIONAL FINANCIALREPORTING STANDARDS Note

PreviousGAAP

Effect of transition toAustralian

equivalents toIFRS

Australian equivalents to

IFRS

Reconciliation of Profit or Loss for the full-year to31 DECEMBER 2004

$ $ $

Revenue from ordinary activities 3,938,835 - 3,938,835

Expenses

Sport centre operating expenses (246,232) - (246,232)

Administration expenses (1,826,065) - (1,826,065)

Coaching and umpiring expenses (439,726) - (439,726)

Teams and representation expenses (1,175,303) - (1,175,303)

(3,687,326) - (3,687,326)

Earnings before significant items, depreciation and amortisation 251,509 - 251,509

Significant revenue items 35,148 - 35,148

Significant expense items (153,385) - (153,385)

Depreciation and amortisation (98,141) - (98,141)

Profit / (loss) from ordinary activities before incometax benefit 35,131 - 35,131

Income tax benefit - - -

Profit / (loss) from ordinary activities after income tax benefit 35,131 - 35,131





NOTE 2: FIRST-TIME ADOPTION OF AUSTRALIANEQUIVALENTS TO INTERNATIONAL FINANCIALREPORTING STANDARDS Note

PreviousGAAP

Effect of transition toAustralian

equivalents toIFRS

Australian equivalents to

IFRS

Reconciliation of Profit or Loss for the full-year to31 DECEMBER 2005

$ $ $

Revenue from ordinary activities 4,089,952 - 4,089,952

Expenses

Sport centre operating expenses (262,991) - (262,991)

Administration expenses (1,894,242) - (1,894,242)

Coaching and umpiring expenses (203,717) - (203,717)

Teams and representation expenses (1,556,347) - (1,556,347)

Impairment of property plant and equipment a - (32,305) (32,305)

(3,917,297) (32,305) (3,949,602)

Earnings before significant items, depreciation and amortisation 172,655 - 140,350

Significant expense items (59,864) - (59,864)

Depreciation and amortisation (99,335) - (99,335)

Profit / (loss) from ordinary activities before incometax benefit 13,456 (32,305) (18,849)

Income tax benefit - - -

Profit / (loss) from ordinary activities after income tax benefit 13,456 (32,305) (18,849)

Note 31 December 2005

31 December 2004

Notes to the reconciliations of equity and profit and loss at 31 December 2004 and 31 December 2005

$ $

a. Impairment decrement in property plant and equipment& resulting Equity reclassification (32,305) -





2006 2005 NOTE 3: REVENUE FROM ORDINARY ACTIVITIES $ $Revenue from operating activities 4,158,967 4,049,436

Other Revenues:From operating activities Interest 57,004 36,714 From outside operating activitiesProceeds from sale of non-current assets 10,779 3,802 Total other revenue 67,783 40,516 Total revenue from ordinary activities 4,226,750 4,089,952

NOTE 4: PROFIT FROM ORDINARY ACTIVITIES BEFORE INCOME TAX EXPENSE Profit from ordinary activities before income tax expense has been determined after charging/(crediting) the following items:Depreciation of non-current assets: - amortisation of building costs 687 687

- plant and equipment 70,998 98,648 71,685 99,335

(Profit) loss on sale of non-current assets (10,779) (3,802)

Net expense from movements in provisions for: - doubtful debts - (3,341) - AANA Capitation 174,127 64,636

- employee entitlements 9,567 14,551

Remuneration of auditor - audit services 22,750 22,495 - other services 17,375 7,450 40,125 29,945

Rental expense on operating lease 16,075 18,242

Significant Income & ExpensesThe following significant income and expense items isrelevant in explaining the financial performance:Consultancy cost in regards to the preparation of proposal for the development of a new netball centre ata Greenfield’s site 13,620 59,864





2006 2005 NOTE 5: CASH ASSETS $ $ Cash on hand 400 400 Cash at bank 93,555 147,587Cash on deposit 1,050,000 700,000 1,143,955 847,987

NOTE 6: RECEIVABLESCURRENTTrade debtors and sundry debtors 124,882 38,790 Less: Provision for doubtful debts - - 124,882 38,790

NOTE 7: INVENTORIESCURRENTStock on hand 34,433 21,415

NOTE 8: OTHER CURRENTPrepayments 224,104 200,678

NOTE 9: PROPERTY, PLANT AND EQUIPMENT Building – at cost 644,701 644,701 Less: Accumulated amortisation (635,090) (634,403) 9,611 10,298 Building extensions – at cost 1,567,088 1,567,088 Less: Accumulated amortisation (1,352,092) (1,335,134) 214,996 231,954 Office extensions – at cost 209,550 209,550 Less: Accumulated depreciation (84,478) (70,325) 125,072 139,225 Furniture and fittings – at cost 130,797 125,457 Less: Accumulated depreciation (108,899) (107,266) Less: Impairment losses (15,004) (15,004) 6,894 3,187 Equipment – at cost 509,870 497,589 Less: Accumulated depreciation (398,654) (373,528) Less: Accumulated impairment losses (17,301) (17,301) 93,915 106,760Motor vehicles – at cost 43,636 67,700 Less: Accumulated depreciation (3,515) (36,330) 40,121 31,370 Website development & software – at cost 26,972 22,184 Less: Accumulated depreciation (18,865) (16,867) 8,107 5,317 Total property, plant and equipment 498,716 528,111





NOTE 9: PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Movement in Carrying Amounts

Building Building Extension

OfficeExtension

Furniture & Fittings Equipment Motor

Vehicles

Website Development& Software

Balance at beginning of theyear 10,298 231,954 139,225 3,187 106,760 31,370 5,317Additions - - - 5,340 12,281 43,636 5,000Disposals - - - - - (23,968) -Depreciation (687) (16,958) (14,153) (1,633) (25,126) (10,917) (2,210)Carrying amount at end of year 9,611 214,996 125,072 6,894 93,915 40,121 8,107

The carrying amounts of the non-current assets are reviewed annually by the Company’sDirectors to determine whether they are in excess of their recoverable amounts as at balancedate and, if so identified, to cause any such asset to be written down.

2006 2005NOTE 10: PAYABLES $ $CURRENTTrade creditors and sundry accruals 63,359 67,607

NOTE 11: PROVISIONSCURRENTAnnual, long service and other leave 68,304 58,737Capitation fees 620,831 446,704 689,135 505,441

NON-CURRENT Long service leave - -

No. No.Number of employees at year end 22 23

2006 2005NOTE 12: OTHER $ $CURRENTIncome in advance 625,813 492,942 625,813 492,942

Superannuation Commitments The Company contributes to independent superannuation funds for the provision of benefitsto employees upon retirement, death or disability. Benefits provided under the plans arebased upon the terms offered by the funds and the contributions for each employee.Contributions are made in accordance with the requirements of the SuperannuationGuarantee Levy and the relevant industrial awards

NOTE 13: MEMBERS’ GUARANTEEThe Company is limited by guarantee. If the Company is wound up, the Constitution statesthat each member is required to contribute a maximum of $10 each towards meeting anyoutstanding obligations of the Company. At 31 December 2006 the number of members was107,758 (2005: 106,231). 2006 2005 $ $NOTE 14: RETAINED PROFITSRetained profits at the beginning of the financial year 570,991 589,840 Profit (loss) attributable to members of the Companyfor the year 76,792 (18,849)Retained profits at the end of the financial year 647,783 570,991

These notes form part of the financial statementsThese notes form part of the financial statements




NOTE 15: LEASING COMMITMENTS 2006 2005$ $

Operating Lease CommitmentsNon-cancellable operating leases contracted for but notcapitalised in the financial statementsPayable- Within 1 year 33,807 33,087- later than 1 year but not later than 5 years 100,201 112,288- later than 5 years 210,000 231,000 344,008 376,374

NOTE 16: EVENTS SUBSEQUENT TO REPORTING DATE To the Directors’ knowledge, no events have occurred subsequent to reporting date whichhave or are likely to have a material effect on the operations of the Company.

NOTE 17: RELATED PARTY TRANSACTIONSDirectorsThe names of each person holding the position of director of The New South Wales NetballAssociation Limited during the year are W Archer, C Baiton, J Hahn, I Harkness, M Murphy, L Quinn, J Troy, R Watson and J Webster. During the year J Webster and I Harknessresigned as a director and C Baiton and C Campbell were appointed a director.

2006 2005$ $

DIRECTORS REMUNERATIONIncome received or due and receivable by all Directors ofthe Company 109,020 77,307

Transactions between related parties are on normal commercial terms and conditions no more favourablethan those available to other parties unless otherwise stated.

Transaction with related parties:Director-related entities Goods purchased from Cartridge World Parramatta, a director-related entity of C Campbell. 11,890 -

Goods purchased from The Sydney Netball Shop, a director-related entity of J Troy. 12,398 -

Sponsorship revenue received from Cartridge World NSW, a director-related entity of C Campbell. 8,300 -

NOTE 18: CASH FLOW INFORMATION a. Reconciliation of Cash

Cash at the end of the financial year as shown inthe statements of cash flows is reconciled to therelated items in the statement of financial positionas follows:

2006$

2005$

Cash on hand 400 400 Cash at bank 93,555 147,587 Money on deposit 1,050,000 700,000

1,143,955 847,987





Note 18: CASH FLOW INFORMATION (CONTINUED) 2006 2005 $ $

b. Reconciliation of cash flow from operations with profit from ordinary activities after income taxProfit (loss) from ordinary activities after incometax expense 76,792 (18,849) Non-cash flows in profit (loss) ordinary activities:State Government Grants (84,798) (47,700)Amortisation 687 687 Depreciation 70,998 98,648 Impairment losses - 32,305Profit on disposal of fixed assets (10,779) (3,802)Amounts set aside to provision 183,694 11,211 Changes in assets and liabilities:(Increase) decrease in receivables (86,092) 35,599 (Increase) decrease in inventories (13,018) 2,725 (Increase) decrease in prepayments (23,426) (34,775) Increase (decrease) in income in advance 132,871 (15,789) Increase (decrease) in payables (4,249) 72,106 Net cash provided by operating activities 242,680 132,366

NOTE 19: SEGMENT REPORTING The Company operates predominantly in the sporting industry. The Company’s operations and customers are located in New South Wales.

NOTE 20: FINANCIAL INSTRUMENTS a. Financial Risk Management

The Company’s financial instruments consist mainly of deposits with banks and accountsreceivable and payable.

The main purpose of non-derivative financial instruments is to raise finance for Companyoperations.

The Company group does not have any derivative instruments at 30 June 2006.

i. Treasury Risk Management

Directors and the senior executive meet on a regular basis to consider the extent ofinterest rate exposure and where necessary evaluate treasury management strategiesin the context of the most recent economic conditions and forecasts.

ii. Financial Risks

The main risks the Company is exposed to through its financial instruments are interestrate risk, liquidity risk and credit risk.

Interest rate risk

Interest rate risk is managed be minimizing the extent of long-term interest bearing debt. For further details on interest rate risk refer to Note 20(b).

Foreign currency risk

The Company is not exposed to fluctuations in foreign currencies.

Liquidity risk

The Company manages liquidity risk by monitoring forecast cash flows and ensuringthat adequate unutilised borrowing facilities are maintained.

These notes form part of the financial statementsThese notes form part of the financial statements




NOTE 20: FINANCIAL INSTRUMENTS (CONTINUED)a. Financial Risk Management

Credit risk

The maximum exposure to credit risk, excluding the value of any collateral or othersecurity, at balance date to recognised financial assets, is the carrying amount, net ofany provisions for impairment of those assets, as disclosed in the balance sheet andnotes to the financial statements.

The Company does not have any material credit risk exposure to any single receivableor group of receivables under financial instruments entered into by the Company.

Price risk

The Company is not exposed to any material commodity price risk.

b. Interest Rate RiskThe Company’s exposure to interest rate risk, which is the risk that a financial instrument’s value will fluctuate as a result of changes in market interest rates and the effective weighted average interest rates on those financial assets and financial liabilities is as follows:

c. Net Fair ValuesFor other assets and other liabilities the net fair value approximates their carryingvalue. No financial assets and financial liabilities are readily traded on organisedmarkets in standardised forms. The aggregate net fair values and carrying amounts of financial assets and financialliabilities are disclosed in the statement of financial position and in the notes to the financial statement.

WeightedAverage

Floating Interest Fixed Interest Maturing Non Interest

Interest Rate Rate Within 1 Year More than 1 Year Bearing 2006 2005 2006 2005 2006 2005 2006 2005 2006 2005

Financial Assets % % $ $ $ $ $ $ $ $ Cash at Bank & onhand 5.8 5.6 93,555 147,587 1,050,000 700,000 - - 400 400 Receivables - - - - - - - - 124,882 38,790 Total FinancialAssets 93,555 147,587 1,050,000 700,000 - - 125,282 39,190 Financial LiabilitiesPayables - - - - - - - - 63,359 67,607 Provision - - - - - - - - 68,304 58,737 Total FinancialLiabilities - - - - - - 131,663 126,344 Net Financial Assets 93,555 147,587 1,050,000 700,000 - - (6,381) (87,154)





NOTE 21: CHANGE IN ACCOUNTING POLICY

The following Australian Accounting Standards have been issued or amended and are applicable to the Company butare not yet effective. They have not been adopted in preparation of the financial statements at reporting date.

AASBAmendment

AASB Standard Affected Nature of Change in Accounting Policy andImpact

Application Date ofthe Standard

Application Date for the Company

2004–3 AASB 1: First-time Adoptionof AIFRS

No change, no impact 1 January 2006 1 July 2006

AASB 101: Presentation ofFinancial Statements


AASB 124: Related PartyDisclosures


2005–1 AASB 139: FinancialInstruments: Recognition and Measurement


2005–5 AASB 1: First-time Adoptionof AIFRS


AASB 139: FinancialInstruments: Recognition and Measurement




AASB 139: FinancialInstruments: Disclosure andPresentation




AASB 101: Presentation ofFinancial Statements


AASB 114: SegmentReporting


AASB 117: Leases No change, no impact 1 January 2007 1 July 2007

AASB 132: FinancialInstruments: Disclosure andPresentation


AASB 1: First-time Adoptionof AIFRS


2006–1 AASB 121: The Effects ofChanges in Foreign Exchange Rates


NewStandard

AASB 7: FinancialInstruments: Disclosure


NewStandard

AASB 119: Employee Benefits: December 2004







NOTE 21: CHANGE IN ACCOUNTING POLICY (CONTINUED)

All other pending Standards issued between the previous financial report and the currentreporting dates have no application to the Company.

AASBAmendment

AASB Standard Affected

2005–2 AASB 1023: General Insurance Contracts

2005–4 AASB 139: Financial Instruments: Recognition and Measurement

AASB 132: Financial Instruments: Disclosure and Presentation

2005-6 AASB 3: Business Combinations

2005–9 AASB 4: Insurance Contracts

AASB 1023: General Insurance Contracts

AASB 139: Financial Instruments: Recognition and Measurement

AASB 132: Financial Instruments: Disclosure and Presentation

2005-10 AASB 133: Earnings per share

AASB 4: Insurance Contracts

AASB 1023: General Insurance Contracts

AASB 1038: Life Insurance Contracts

NOTE 22: COMPANY DETAILS The registered office and principal place of business of the Company is:

‘Anne Clark Centre’ Church StreetLidcombe NSW 2141


DIRECTORS’ DECLARATION

The Directors of the Company declare that: 1. The financial statements and notes, as set out on pages 4 to 23 are in accordance

with the Corporations Act 2001: a. comply with Accounting Standards as detailed in Note 1 to the financial

statements and the Corporations Regulations 2001; and b. give a true and fair view of the Company’s financial position as at 31

December 2006 and of the performance for the year ended on that date inaccordance with the accounting policies described in Note 1 to the financial statements.

2. In the Directors’ opinion there are reasonable grounds to believe that the Companywill be able to pay its debts as and when they become due and payable.

This declaration is made in accordance with a resolution of the Board of Directors.

W ARCHER J HAHNDirector Director

Dated this 1st day of February 2007.



BKR Walker Wayland

(NSW Partnership)


8th Floor


GPO Box 4836 Sydney

NSW 2001 Australia

Telephone +61 2 9951 5400

Facsimile +61 2 9951 5454

[email protected]


INDEPENDENT AUDIT REPORT TO THE MEMBERS OF THE NEW SOUTH WALES NETBALL ASSOCIATION LIMITED

Scope

We have audited the financial report of The New South Wales Netball Association Limited for thefinancial year ended 31 December 2006 as set out on pages 4 to 24. The Company’s Directors are responsible for the financial report. We have conducted an independent audit of the financial report inorder to express an opinion on it to the Members of the Company.

Our audit has been conducted in accordance with Australian Auditing Standards to provide reasonableassurance whether the financial report is free of material misstatement. Our procedures includedexamination, on a test basis, of evidence supporting the amounts and other disclosures in the financialreport, and the evaluation of accounting policies and significant accounting estimates. Theseprocedures have been undertaken to form an opinion whether, in all material respects, the financialreport is presented fairly in accordance with the Accounting Standards and other mandatoryprofessional reporting requirements and statutory requirements so as to present a view which isconsistent with our understanding of the Company’s financial position and performance asrepresented by the results of its operations and cash flows.

The audit opinion expressed in this report has been formed on the above basis.

Independence

In conducting our audit, we followed applicable independence requirements of Australian professionalethical pronouncements and the Corporations Act 2001.







Legislation


BKR Walker Wayland

(NSW Partnership)


8th Floor


GPO Box 4836 Sydney

NSW 2001 Australia

Telephone +61 2 9951 5400

Facsimile +61 2 9951 5454

[email protected]


INDEPENDENT AUDIT REPORT TO THE MEMBERS OF THE NEW SOUTH WALES NETBALL ASSOCIATION LIMITED

Audit Opinion

In our opinion, the financial report of The New South Wales Netball Association Limited is inaccordance with:

a. the Corporations Act 2001, including:

i. giving a true and fair view of the Company’s financial position as at 31 December 2006and of the performance for the year ended on that date ; and

ii. complying with Accounting Standards and the Corporations Regulations 2001; and

b. other mandatory professional reporting requirements.

BKR WALKER WAYLAND A S ROGER

(NSW PARTNERSHIP) Partner Chartered Accountants

Dated this 1st day of February 2007







Legislation


27

BKR Walker Wayland

(NSW Partnership)


8th Floor


GPO Box 4836 Sydney

NSW 2001 Australia

Telephone +61 2 9951 5400

Facsimile +61 2 9951 5454

[email protected]


COMPILATION REPORT ON ADDITIONAL FINANCIAL DATA THE NEW SOUTH WALES NETBALL ASSOCIATION LIMITED

The additional financial data set out on pages 28 to 30 has been compiled from the books and recordsof the Company which have been made subject to the auditing procedures applied in the statutoryaudit of the Company for the financial year ended 31 December 2006.

The statutory audit procedures did not include verification or validation procedures covering all detailsof the additional financial data. Accordingly, no assurance is expressed on such additional financialdata.

To the extent permitted by law, we do not accept liability for any loss or damage which any person,other than the Company, may suffer from any negligence on our part. No person should rely on theadditional financial data without having specific audit verification or validation procedures conducted.

The additional financial data has been prepared for the benefit of the Company and its Members.

BKR WALKER WAYLAND

(NSW PARTNERSHIP)Chartered Accountants

A S ROGERPartner

Dated this 1st day of February 2007







Legislation



ADDITIONAL INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2006

GENERAL OPERATIONS STATEMENT

2006$

2005$

INCOME

Affiliation Fees, Capitation Fees & Annual Subscriptions

2,610,353 2,502,542

Coaching Income 126,395 117,879National Netball League Merchandise Sales 2,043 5,943Umpiring Income 71,765 48,487Championships & Carnivals 185,755 164,147Interest Received 57,004 36,714State Government Grants 84,798 40,000Publications 40,289 50,480Sponsorships 87,658 205,818National Netball League – Home Games and Other Income 435,108 484,082National Netball League – Sponsorship 271,809 225,016National Under Age Championship 20,844 4,500Public relations income 9,309 8,531Profit on Disposal of Assets 10,779 3,802

4,013,907 3,897,942OTHER ITEMSOperating Deficit from The Anne Clark Centre (71,330) (70,981)

3,942,577 3,826,961Less:EXPENSESRefer attached statement 3,852,165 3,753,642

OPERATING SURPLUS 90,412 73,319

Less:Expenses of a Significant Nature 13,620 59,863Impairment loss – First-time adoption of AIFRS - 32,305

OPERATING SURPLUS / (DEFICIENCY) AFTEREXPENSES OF A SIGNIFICANT NATURE 76,792 (18,849)

ACCUMULATED SURPLUS AT THEBEGINNING OF THE FINANCIAL YEAR 570,991 589,840

ACCUMULATED SURPLUS AT THE END OF THE FINANCIAL YEAR 647,783 570,991

This statement should be read in conjunction with the attached Compilation Report




ADDITIONAL INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2006

GENERAL OPERATIONS STATEMENT OF EXPENSES

2006 $

2005$

Accountancy Fees 17,375 7,650 Annual General Meeting 15,414 19,848 Amortisation of Building Costs 687 687 Coaching Camp 10,807 2,013 Auditors' Remuneration 22,750 22,495 Bad Debts Written Off 1,099 1,283 Bank Charges 15,197 9,775 Championships & Carnivals 257,052 207,290Coaching Development 115,936 129,639 Committee Expenses 35,834 56,319 Computer Expenses 25,727 16,509 Depreciation 70,998 98,648 Filing Fees 645 431 Fringe Benefits Tax 4,823 6,253 Insurance 22,517 4,478 Insurance –Players 753,559 753,263 Legal Costs 42,994 23,446 Motor Vehicle Expenses 9,795 13,411 New South Wales Institute of Sport 65,000 68,250 NNL Competition Expenses 650,593 656,147 NNL Team Expenses 326,354 323,471 National Under Age Championship Expenses 41,941 - Payroll Tax Expense 39,487 24,894 Postage 26,751 26,722 Printing & Stationery 44,741 39,472 Professional Fees 20,658 - Provision for Annual Leave (1,950) 9,126 Provision for Doubtful Debts - (3,341)Provision for Long Service Leave 12,405 - Publications Expenses 25,827 43,085 Public Relations Expenses 62,983 59,662 Regional Academies Expenses 60,000 66,000 Regional Co-ordinators 172,783 141,542 Salaries & Wages 538,682 546,687 Selection Expenses 8,972 13,839 Seminars & Professional Development 8,329 7,799 Sponsorship Expenses 5,188 8,430 Staff Amenities 4,439 5,373 Staff Recruitment 6,674 19,646 State Teams Expenses 119,702 146,491 Superannuation 49,241 50,373 Telephone 38,425 36,732 Temporary Staff 5,003 2,575 Travel & Accommodation 18,641 15,164 Umpiring Development 78,088 72,065

3,852,165 3,753,642




ADDITIONAL INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2006

THE ANNE CLARK CENTRE

2006 $

2005$

INCOMECanteen Rental 11,000 10,909 Court & Equipment Hire 109,142 108,646 Court Hire Internal 92,270 72,455

212,412 192,010

Less:EXPENSESCleaning & Waste Collection 12,442 11,072 Electricity 23,502 21,668 Equipment Sundries 4,455 6,734 Insurance 35,609 38,001 Licenses 72 408 Provision for Annual Leave (1,750) 4,625 Provision for Long Service Leave 861 800 Rent 16,075 18,243 Repairs & Maintenance 21,057 12,920 Salaries & Wages 154,934 133,513 Security 4,256 3,583 Superannuation 11,931 11,424Medical 298 -

283,742 262,991

OPERATING DEFICIT (71,330) (70,981)



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