Invercargill Licensing Trust & ILT Foundation 2016 ANNUAL REPORT

Transcription

1 Invercargill Licensing Trust & ILT Foundation 2016 ANNUAL REPORT ANNUAL GENERAL MEETING to be held at Elmwood Garden, 7.30pm on Tuesday 30 August 2016

2 Proud to have been both a participant and a funder of the Tour of Southland over the last 60 years Greg Mulvey General Manager Invercargill Licensing Trust. Your City, Your Trust. The Invercargill Licensing Trust belongs to you, the people of Invercargill. This concept of community ownership is both the Trust s uniqueness and its reason for being - with direct accountability back to its owners, the residents of our city. More than ever, there is an increasing appreciation around the globe for the benefits community organisations such as ours deliver. Alan Dennis President OUR VISION: For Invercargill to grow and develop into the best place to live, work and play. OUR MISSION: To operate the best quality hospitality businesses, making it possible for us to return significant benefits to the people of Invercargill. ILT GROUP TOTAL GRANTS 2016:

3 Courtesy of The Southland Times Executive Management Team Chris Ramsay, Greg McElhinney (seated), Neil Affleck, Greg Mulvey, Terry Laidlaw $8.03 million

4 Group Financial Performance Achieving sound financial results for the year, the Invercargill Licensing Trust and ILT Foundation were able to provide a high level of grants totalling $8.03 million to local community organisations. A significant increase in the Invercargill Licensing Trust profit is explained in the notes below. ILT (Group) Net After-Tax Profit 2016 ($) 2015 ($) u Invercargill Licensing Trust (Parent) 10,704,000 5,582,000 u Change in Value of Associate Company (38,000) (42,000) u ILT Foundation 4,552,000 4,332,000 u Consolidated Group 15,218,000 9,872,000 u Less Grants Allocated (8,030,000) (8,012,000) u Net Surplus for the year 7,188,000 1,860,000 Overview for the year ended 31 March 2016 u The Invercargill Licensing Trust recorded a significant level of profit after tax for the year. This resulted from an increase in trading profit along with benefit from the gain on sale of a property asset, a lower level of project maintenance costs and the inclusion of a large taxation refund from prior years. u Value of Associated Company: The value of the Trust s investment in DB South Island Brewery Ltd decreased by $38,000 due primarily to the timing of profit distributions which affects the net tangible asset value included in the Group financial statements. u The ILT Foundation achieved an increase in profit to a total of $4.552 million (up from $4.332 million) due to a small increase in sales and continued good control of operating expenses. u The Invercargill Licensing Trust and the ILT Foundation allocated grants totalling $8.03 million for the year a slight increase on last year s grants of $8.012 million but still representing a substantial level of funding provided to benefit the local community. Invercargill Licensing Trust Financial Performance The Invercargill Licensing Trust s pre-tax operating surplus, before grants, is $8.462 million considerably higher than last year s result of $6.844 million and ahead of our budget expectations. Contributing influences were the inclusion of a gain on sale of the Waikiwi Tavern land and buildings and a lower level of project maintenance work embarked on during the year. When these two factors are excluded, the comparable trading profit before tax is $7.343 million compared to $6.844 million last year an increase of 7.3%. u The net after-tax profit, before grants, is $ million compared to last year s result of $5.582 million. This substantial increase is the result of the improved pre-tax trading profit noted above, and the inclusion of a large taxation refund from prior years. u Total sales for the year were $82.5 million up 1.8% on last year s total of $81.0 million. Higher accommodation sales and off-premise beverage sales contributed to the increase, while restaurant sales were on par with last year and on-premise (bar) sales were down 4.2%. u Investment income was maintained at similar levels to last year. u Operating expenses were well managed with a small decrease on the previous year. u Grants of $4.002 million were allocated, a similar level to last year s total of $4.001 million. Financial Strength The Trust s financial position remains very strong with a low level of term debt and total assets of $94.7 million, compared to $87.8 million last year. This includes substantial cash reserves available for future development projects which will ultimately benefit our community. u Equity has increased by $6.68 million to a total of $78.6 million. HOW EACH DOLLAR OF INVERCARGILL LICENSING TRUST INCOME IS DISTRIBUTED Sundry Operating Expenses 10.4% Income Tax 1.1% Depreciation 3.4% Surplus available after Tax 8.8% Staffing Costs 22.1% Cost of Goods for Sale 54.2% OPERATING PROFIT OVER THE LAST 5 YEARS (before deducting Taxation and Grants) $ 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000, Invercargill Licensing Trust ILT Foundation Invercargill Licensing Trust 2016 Operating Surplus (before tax and grants): $8.462 million

5 Investing in the Future Hospitality has always been at the heart of our business. The challenge of exceeding the expectations of our clientele in a world of evolving trends is one we embrace with gusto. After all, reputation is everything in this industry. As a Trust, we have a well-structured plan for ongoing investment in our portfolio. Our commitment to reinvesting substantial levels of capital expenditure back into our businesses plays a vital role in our future success as well as maintaining our relevance to the community. During the past year projects invested in have included: WAIKIWI TAVERN: u With the sale of the old Waikiwi Tavern in Gimblett Street and the subsequent purchase of a new site on North Road, construction of a new restaurant and tavern development commenced. The project is expected to be completed in early October 2016 and will be an exciting new venture to enable us to better cater for the substantial population based in the Waikiwi/Grasmere area. ASCOT PARK HOTEL: u Ongoing reinvestment in our flagship hotel property continued, including final payments made on the refurbishment of all motel units and planning for more projects early in the new financial year. LONE STAR CAFÉ AND BAR: u We successfully completed a major redevelopment of the bar area adding to the appeal of this popular café bar. KELVIN HOTEL: u A continuation of our plan to maintain this hotel at a standard which meets its target market, the bathroom areas on the third and fifth floors were refurbished. Further work will be completed in the new financial year, including the replacement of the two guest lifts. A NEW ACQUISITION: u During the year, the Trust entered into an agreement to purchase the former Southland Times building on Esk Street, adjacent to the Kelvin Hotel. Possession will take place on 30 June The acquisition will provide us with a viable option for developing new hotel accommodation in the inner city or future development opportunities for the Kelvin Hotel. LIQUOR DISTRIBUTION BUSINESS: u By year end we had completed negotiations to acquire the assets of a Central Otago liquor distribution business, Beaver Liquor Ltd based in Queenstown. This company supplies a significant number of bars and restaurants in the Queenstown basin and we took ownership from 1 April It will provide us with a step change in our wholesale liquor distribution business in that region one we have been involved with for many years and will now enable us to grow our business model. ILT Foundation The ILT Foundation was established by the Invercargill Licensing Trust to own and operate all gaming machines in its establishments. It s an innovative model designed to ensure a maximum level of grants are returned to our community. In this regard, the ILT Foundation has consistently been one of the highest performing of all gaming trusts in New Zealand. Acutely aware of its social responsibilities, the ILT Foundation is actively implementing harm minimisation practices and considered by the Department of Internal Affairs to be a leader in this important aspect of its operation. Jackie Flutey ILT Foundation Manager u The ILT Foundation s net surplus of $4.552 million represents a 5% increase on last year s result of $4.332 million. u Revenue at $9.394 million was up nearly 4% on last year. u Total grants allocated for the year were $4.027 million, (last year $4.011 million). u During the year the Appleby Tavern, one of the venues at which the ILT Foundation operated gaming machines, was closed. The ILT Foundation now operates 163 gaming machines in 10 venues. u Trustees of the ILT Foundation have an unwavering focus on community benefit and grant distributions reflect this by supporting an array of Invercargill charitable and amateur organisations across the arts, culture, education, welfare, health, religion, sport and recreational activities. u The ILT Foundation Board is comprised of all current Invercargill Licensing Trust Board members, together with the Trust s solicitor Chris Ward and Jason McKenzie. HOW EACH DOLLAR OF ILT FOUNDATION INCOME IS DISTRIBUTED Surplus available for Grants 49.0% Gaming Machine Duty 23.0% Administration Costs 2.3% Operating Expenses 19.6% Depreciation 6.1% APPLEBY TAVERN SALE: u Subsequent to balance date, the Trust entered into an unconditional sale and purchase agreement for the sale of the Appleby Tavern, with settlement due on 1 July The decision to sell was made after considerable analysis revealed the Tavern was no longer relevant due to a declining residential base and therefore not financially viable. ILT Foundation 2016 Operating Surplus (before grants): $4.552 million

6 supporting our Trust it s a powerful word and one we take very seriously. With a publicly elected board at the helm, our Trust is directly accountable to the community we represent. The people of Invercargill trust us to administer the sale of sensitive products such as alcohol and gaming. They trust us to reinvest strategically back into our business for future sustainability so generations to come will continue to reap the rewards. They trust us to have the advancement of community and social goals at our core, enhancing the city within which we operate by initiating and funding valuable projects. This is the Trust s uniqueness and why it is a vitally important contributor to the Invercargill community. The Invercargill Licensing Trust and the ILT Foundation dispense millions of dollars each year, playing an integral role in every sector of society. To gauge the value of our funding solely on the figures involved would do it an injustice. The genuine worth is evidenced by what the money has tangibly achieved for the people of our city. ILT AND ILT FOUNDATION GRANTS BY CATEGORY 2015/16 Sport 43.6% Community, Events & Recreation 5.7% Rose of Tralee Support Spans 44 Years As the Rose of Tralee competition reaches its 50th year of being held in New Zealand, we also reflect on the Trust s involvement at a local level. The Invercargill Irish Society has organised this cultural event for the last 44 years, with the Invercargill Licensing Trust lending its support. Health/Welfare 10.0% Education 16.1% u Total grants of $8.029 million were allocated during the year - $4.002 million from the Invercargill Licensing Trust and $4.027 million from the ILT Foundation. The diversity of the 400-plus organisations the ILT and ILT Foundation supported to achieve their respective goals in the past year leaves no aspect of Invercargill life untouched. We re incredibly proud of that. Below is a representative sample of your Trust at work in its community. 400 organisations Community Facilities 17.9% Arts/Culture 6.7% In 1988 our own Grand Hotel receptionist Maryanne Ward succeeded in being crowned not only the New Zealand Rose of Tralee but also the International Rose of Tralee an amazing achievement. She recalls flying back into Invercargill Airport from the international competition staged in Ireland and being whisked off the tarmac in (then) Mayor Eve Poole s limo to an official reception at the Grand Hotel. Maryanne continued to work for the ILT, both at the Grand and later the Kelvin Hotel, for many Maryanne when crowned Rose of Tralee in 1988, and Maryanne today. (Photos courtesy of years. The Southland Times) The ILT has continually supported the Invercargill Rose of Tralee competition which is a great cultural opportunity for young women. Maryanne Ward

7 community Education Education is a gift no-one can take away. That s why we ve invested over $1.3 million into educational grants during the past year. The following is merely a snapshot. 143 Enrich@ILT STUDENTS STUDENTS Invercargill Secondary School Network Now in its 10th year, the ILT Tertiary Scholarship Scheme has provided over 600 scholarships to Invercargill students attending tertiary education - totalling over $3.6 million. Ashlee Neiborg, one of the first scholarship recipients, shares her story: As a young woman leaving high school and heading into tertiary education, I knew I had a number of important decisions ahead of me as well as the financial commitments which accompany full time study. I attended Aurora College and in my final year in 2006 I decided that I would pursue a career in teaching, training in the primary sector. My teachers encouraged me to apply for one of the ILT Tertiary Scholarships being offered at the time and I was lucky enough to be one of the recipients alongside a number of other students across Invercargill heading off to university. I chose to study at the University of Otago College of Education in Invercargill and, as I was not living at home during my study, the financial support of the ILT scholarship was invaluable to reduce the size of my student loan. I have now been teaching for seven years at Otatara Primary School. I am passionate about teaching and learning and enjoy the challenges and rewarding nature of this profession. I am proud to say that as of the end of last year, I have now paid off my student loan debt with the help of my scholarship and can enjoy my maternity leave with my two children. Thank you Invercargill Licensing Trust. Ashlee Nieborg 22 SCHOOLS Per Year INVERCARGILL PRIMARY Tertiary SCHOOL S Scholarships SING OUT 65 PER YEAR SIT Trades Scholarships 38,115 Sessions ILT School Swimming Programme Ashlee Nieborg one of our first ever Tertiary Scholarship Recipients ILT Tertiary Scholarship Scheme Celebrates 10th Anniversary On 7 November 2006, Paul O Connor, then principal of James Hargest College, wrote in the school newsletter: This year, the Invercargill Licensing Trust has added 50 new scholarships to the menu available for Invercargill school leavers... there surely could not be a match anywhere in New Zealand for the largesse that comes from the powerful, visionary support for education that the ILT is providing in our town. HAVE RECEIVED SUPPORT FROM THE Invercargill Licensing Trust and ILT Foundation

8 Pedalling to the Top of the World Build it and they will come. Well, the results certainly have for cycling. What started as a wish for the Invercargill cycling community 20 years ago is now making dreams come true for a new generation of cyclists. When the Southland Indoor Leisure Centre Charitable Trust gave the go ahead for a velodrome to be added to the Stadium Southland complex, the ILT was at the start line with vital funding for the development. In addition, the Trust s board, executives and staff were actively involved in the team which made it a reality. The benefits of this world-class facility have been well-documented ever since - from world records to Olympic gold medals. The ILT Foundation has proudly supported Emma Cumming, Bradley Knipe and Tom Sexton over the past three years and congratulate them on their recent success at the UCI Junior Track Cycling World Championships held in Switzerland. Emma Cumming and Ellesse Andrews training at the SIT Zero Fees Velodrome (Photo courtesy of The Southland Times) Congratulations also to Pieter Bulling, Natasha Hansen and Eddie Dawkins on their selection to the 2016 New Zealand Olympic Team. We are proud to have played a part in your journey to Rio. The results we ve seen (in the 2016 UCI Junior Track Cycling World Championships) are a true testament to the foresight of those who shared the belief and visions more than a decade ago to build a covered velodrome in Invercargill and have continued to support the sport and Cycling Southland. Mark Hotton GENERAL MANAGER, CYCLING SOUTHLAND 1000 Days Trust Making a Positive Difference The 1000 Days Trust is another innovative project initiated right here in Invercargill which we ve relished the opportunity to support through both the ILT and ILT Foundation. At risk Southland babies and families are benefitting from the 1000 Days Trust piloting a specialised service available during the first 1000 days of a child s life. The Trust has developed a true early intervention model which aims to promote healthy parent/infant relationships and assists with the prevention of secondary problems which may arise from a broad range of early risk factors. The 1000 Days model consists of a residential service and a comprehensive follow on programme for whānau. The intended outcome of the 1000 Days model is to empower mothers and/or fathers with the tools to nurture their children to reach their full potential. After all, the children are our future Days Trust member Lyndsay Tautari (photo courtesy of the Southland Times) We are hugely appreciative of the support from the Invercargill Licensing Trust and ILT Foundation. The ILT s contribution has been vital in ensuring we can continue to help vulnerable Southland parents and their infants. Together we can help the community positively address the complex issues many young families face. The ILT s support represents a meaningful and tangible contribution to the trust s vision of strengthening local communities and providing a significantly more positive future for these babies and their whānau Prue Halstead CHAIRPERSON OF 1000 DAYS TRUST

9 Alan Dennis Adv Dip TCHG, President Mike Mika LL.B, BA Deputy President The newly refurbished Emberz Restaurant Ascot Park Hotel Sean Bellew TO THE FUTURE Motivated by our desire to provide quality licensed premises for our community to enjoy, the Trust will continue to reinvest in our businesses in the 2016/17 year, with further significant investment planned the following year. We will continue to be actively involved in planning for a vitally-needed inner city rejuvenation programme. As we eye the potential development of a new hotel, we view our role in this process as an important one. The Invercargill Licensing Trust s budgeted pre-tax profit, for the coming year, is expected to be slightly higher than this past year s result, after excluding capital gains and extraordinary items. The ILT Foundation is also budgeting for a small increase in profit for the coming year. The level of financial and other support provided by the Group to the numerous community organisations we assist for the coming year is expected to be at comparable levels to the past year. Appreciation Where there is teamwork and collaboration, wonderful things can be achieved. Every member of our Board, management and staff are committed to our vision for Invercargill and that s reflected in our continuing success. We wish to record our sincere thanks for the extraordinary contribution they make to our Trusts and the wider community we serve. Alan Dennis PRESIDENT Greg Mulvey GENERAL MANAGER THE BOARD The Invercargill Licensing Trust Board comprises: Alan Dennis (President), Mike Mika (Deputy President), Sean Bellew, Angela Newell, Suzanne Prentice and John Young. The Trustees of the ILT Foundation are: Alan Dennis (Chairman), Mike Mika, Sean Bellew, Suzanne Prentice, Angela Newell, John Young, Jason McKenzie and Chris Ward. Invercargill Licensing Trust Angela Newell BA PG Dip, Dip TCHG, LTCL Suzanne Prentice OBE John Young LL.B, BA ILT Foundation Board Only Jason McKenzie BSR Mgmt, PG Dip Tchg, Grad Cert Career Couns, M. Couns ILT Foundation Board Only Chris Ward LL.B MNZTA Registered Trustee

10 Grants to the Community $ 1000 Days Trust 25,000 2nd NZEF Club 500 Amputee Society of Otago & Southland Inc 1,000 Anzac Day 100th Centenary 559 Appleby Cricket Club 3,500 Athletics Invercargill Club Inc 700 Athletics Southland 5,500 Aurora College 5,007 Badminton Southland 21,500 BWR Sports Club 1,000 Bowls Southland 15,900 Cancer Society of NZ - Southland Division Inc 12,155 Chamber Music NZ - Southland Branch 12,000 Chamber of Commerce Southland 2,676 Citizens Advice Bureau 5,735 City of Invercargill Highland Pipe Band 20,000 City of Invercargill Rugby League Club 2,000 Clifton Club Inn Dart Club 581 Collegiate Rugby Football Club Inc 3,250 Cooks Rugby League Club 2,000 Cowboys Rugby League Club 2,000 Cycling Southland 32,500 Diabetes Southland Inc 7,500 Disabilities Resource Centre Southland Charitable Trust 2,500 Eastern Suburbs Rebels Pool Team 750 Environment Southland 1,000 FibreOctave 750 First Presbyterian Church 45,000 Foveaux Cake & Sugar Art Guild 2,500 Foveaux Toastmasters Club 500 Georgetown Bowling Club 800 Glen 560 All Sports Club 1,000 Glen Country Music Club 3,000 Glengarry Highland Piping & Dancing Society 1,000 Glengarry Kindergarten 3,000 Golf Southland Inc 14,000 Grey Power Southland 10,000 Hawaiian Delights Rugby Team 1,000 He Tauaa Rugby League Club 2,000 Hearing Association - Southland Branch 8,000 Heart Foundation - Southland Branch 5,500 Heritage South 1,600 HETTANZ Southland 600 Hockey Southland Inc 20,500 Hospice Southland Charitable Trust 40,000 ILT Hockey Turf Charitable Trust 5,000 ILT Dart League 1,400 ILT Trade Scholarships 50,000 Inner Wheel of Invercargill North 2,000 Invercargill Bowling Club 700 Invercargill City Charitable Trust Southland Buskers' Festival 12,500 Invercargill City Council Schools Swimming Programme 65,000 Invercargill Community Patrol Charitable Trust 1,000 Invercargill Contract Bridge Club 3,250 Invercargill Freemasons Hall 3,000 Invercargill Garrison Band/Ascot Park Brass of Invercargill 25,000 Invercargill Harness Racing Club Inc 500 Invercargill Hockey Association 8,000 Invercargill Irish Society 5,500 Invercargill Musical Theatre Inc 35,000 Invercargill Old Boys' Cricket Club 2,500 Invercargill Primary Principals' Association 2,400 Invercargill Primary School Educational Initiatives Trust - enrich@ilt 134,000 Invercargill Repertory Society Inc 12,500 Invercargill Rugby Football Culb 17,000 Invercargill Secondary Schools' Network Trust 50,000 Invercargill Sunrise Rotary Club 14,000 Invercargill Tap Dancing Association 5,000 Invercargill Truck Show & Parade 5,000 Invercargill Volunteer Fire Brigade 580 James Hargest College 8,899 Legion of Rowers - Southland 1,875 Love Local Charitable Trust 3,500 Marist Brothers Old Boys' Rugby Football Club 17,000 Marist Cricket Club 2,000 Meals on Wheels 2,400 Metropolitan Cricket Club 3,000 Murihiku Maori & Pasifika Cultural Trust Polyfest 15,207 Murihiku Swimming Club Inc 1,000 National Council of Women Inc 1,000 Netball South Zone Inc 250,000 New River Primary School 2,500 Newfield Dart Club 1,000 Northend Bowling Club 2,500 Old Boys' Association Football Club 6,500 Onslow Indoor Bowling Club 600 Order of St John - Invercargill Area 1,600 Otago Southland Employers Association 3,000 Outward Bound 15,000 Senior Citizens Christmas Dinner 33,309 Phoenix Synchro (Southland) 15,000 Pirates Old Boys' Rugby Club 2,000 Pregnancy Help Inc 4,000 Presbyterian Support Services 65,000 Queens Park Golf Club Inc 6,282 Rape & Abuse Support Centre Southland Inc 30,000 Rotary Club of Invercargill North 2,500 Royal Guards Leisure Marching Team 6,000 Rugby Southland 401,000 Sacred Heart School 2,500 SBS Golf Invitational 1,200 Senior Net (South) Inc 1,500 Sharks Basketball Ltd 140,000 South Centre Anglican Care Trust Southland 17,500 South City Community Choir 800 South Invercargill Urban Rejuvenation Charitable Trust 1,650 Southern District Health Board 3,500 Southern Institute of Technology 2,000 Southern Pastel Artists 4,000 Southern Pro-Wrestling Club Inc 5,000 Southern Storytellers 2,200 Southland A & P Association 1,000 Southland Art Society Inc 20,000 Southland Basketball Association 22,000 Southland BMX Club 1,000 Southland Boxing Association Inc 14,000 Southland Boys' High School 5,674 Southland CATE Association 750 Southland Christmas Parade Charitable Trust 6,500 Southland Competitions Society Inc 4,500 Southland Cricket Association 45,976 Southland Deer Farmers' Association 1,500 Southland Football Inc 36,000 Southland Girls' High School 13,000 Southland Indoor Bowls Centre Inc 5,000 Southland Indoor Leisure Centre Charitable Trust - ILT Stadium Southland 1,100,000 Southland Justices of the Peace 1,300 Southland Literacy Association 8,000 Southland Master Builders' Association 2,000 Southland Masters' Badminton Club 2,000 Southland Mathematical Association Inc 1,000 Southland Mature Employment Services 1,083 Southland Musicians' Club 2,500 Southland Primary Schools' Cricket Team 1,200 Southland Rowing Association Inc 4,000 Southland Secondary Schools' Cultural Scholarship 4,500 Southland Secondary Principals' Association 18,000 Southland Secondary Schools' Sport 13,000 Southland Softball Association 15,000 Southland Table Tennis Association Inc 1,000 Southland Teachers & Judges Association 500 Southland Tennis Association Inc 20,000 Southland Triathlon & Multisport Club 11,000 Southland Youth One Stop Shop Trust 10,000 SPELD Southland 2,500 Sport Southland 53,500 Squash City Invercargill Inc 9,000 Squash Southland 20,000 St Catherine's College Reunion 500 St Mary's Netball Club 5,000 St Patrick's Primary School 2,500 Stadium Southland Ltd 69,067 Star Rugby Football Club 2,000 Stuffed Hawkes Golden Oldies 2,000 Swim Southland 19,000 Takitimu Home Anglican Care Trust 20,054 Te Puawaitanga 1,600 Te Rangi Bowling Club 900 Te Wharekura O Arowhenua 1,000 Tertiary Education Scholarships 368,000 Touch Southland 12,500 Venture Southland 96,608 Venture Southland - Promotion Fund 8,500 Verdon College 3,500 Volleyball Southland Inc 10,000 Waihopai Bowling Club Inc 2,000 Waikiwi Bowling Club 600 Waikiwi Rugby Club 2,000 Waverley Bowling Club 1,000 Youth Development Southland Region Trust 2,000 Youthline Southland Inc 2,500 Small Grants under $500 (incl meal vouchers) 20,957 Grants Refunded not required from previous years (23,261) Total $4,002,423 Grants to the Community $ 1000 Days Trust 50,000 All Saints Badminton Club 1,800 Aqua Health Inc 2,000 Ascot Community School Interactive Whiteboard Teaching & equipment programme (on behalf of all Invercargill Primary Schools) 97,780 Ascot Park Racing Consortium Inc 10,000 Athletics Southland 4,000 Athletics Southland - scholarship 700 Autism New Zealand Southland Branch 5,000 Awarua Communications Museum Inc 2,000 Awarua Whanau Services 250 Badminton Southland 72,000 Badminton Southland - scholarship 1,500 Barnardos NZ - Invercargill Branch 27,000 Blue Jay Marching Club 5,500 Blues Indoor Bowling Club 400 Bluff Oyster & Food Festival 5,000 Bluff Rugby Club 2,000 Bluff School 600 Bluff Yacht Club 450 Bowls Southland 46,000 Bowls Southland Umpires' Association 200 Brigadiers Netball Club 1,000 Bush Haven Native Bird Rehabilitation Trust 1,000 Cancer Society of NZ - Southland Division Inc 6,000 CanTeen Southland 6,000 CCS Disability Action Southland 12,000 Chamber of Commerce Southland Young Enterprise Scheme 1,500 Child Matters - Southland 3,000 Citizens Advice Bureau 1,100

11 City of Invercargill Highland Pipe Band 45,000 Collegiate Rugby Football Club Inc 10,000 Conductive Education (Southern) Charitable Trust 12,000 CS Arts Charitable Trust 5,000 Cycling Southland 160,000 Cycling Southland - 3 scholarships 3,200 Dance Opportunities Inc 2,000 Dance Southland Inc - scholarship 1,500 Diabetes Southland Inc 2,900 Disabilities Resource Centre Southland Charitable Trust 22,500 Dive South 5,000 Dodgers Softball Club - Invercargill 5,000 Donovan Primary School 2,500 Eagles Golfing Society of Southland Inc 300 English Language Partners NZ Trust - Southland 3,000 Epilepsy Association of NZ - Southland Branch 7,500 Eventing Southland 2,243 First Presbyterian Church 45,000 Foveaux Harmony Chorus Inc 3,500 Friends of Cathedral Music - Southland Branch 1,500 Georgetown Indoor Bowls Club 500 Golf Southland Inc 25,000 Grasmere Indoor Bowls Club 350 Greenacres Country Club Inc 19,200 Head Injury Society of Southland Inc 8,000 Hearing Association Southland Branch 1,383 Heritage South 2,500 Hockey Southland Inc 75,000 Hospice Southland Charitable Trust 36,000 ILT Hockey Turf Charitable Trust 5,000 Invercargill Citizens Bowling Club 4,500 Invercargill City Charitable Trust Southland Buskers' Festival 12,500 Invercargill City Council Schools Swimming Programme 77,528 Invercargill City Libraries 10,000 Invercargill Community Patrol Charitable Trust 1,000 Invercargill Elim Community Church Trust 20,000 Invercargill Freemasons Hall 7,000 Invercargill Garrison Band/ Ascot Park Brass of Invercargill 40,000 Invercargill Golf Club Inc 2,900 Invercargill Harness Racing Club Inc 10,000 Invercargill Indoor Bowls Sub Centre 1,200 Invercargill Methodist Parish 2,836 Invercargill Musical Theatre Inc 35,000 Invercargill Netball Centre 50,000 Invercargill North Parish 2,836 Invercargill Parents Centre Inc 2,000 Invercargill Primary School Educational Initiatives Trust - enrich@ilt 265,000 Invercargill Repertory Society Inc 10,000 Invercargill Rifle Club 1,000 Invercargill Rowing Club 10,000 Invercargill Secondary Schools' Network Trust 100,000 Invercargill Summer Festival Charitable Trust 10,000 Invercargill Sunrise Rotary Club 5,000 Invercargill Toy & Puzzle Library 2,500 Jet Boating NZ Inc - Southland Branch 1,000 Jubilee Budget Advisory Service 15,000 Kew Bowling Club Inc 1,400 Lindisfarne Kindergarten 1,700 Makarewa Netball Club 1,000 Makarewa Playcentre 2,856 Makarewa School 1,000 Makarewa Squash Racquets Club 1,000 Miniature Horse Club of Southland (1997) Inc 500 Murihiku Maori & Pasifika Cultural Trust Polyfest 21,000 Murihiku Swimming Club Inc 1,000 Myross Bush Rugby Club 1,000 Myross Bush School 2,500 Netball South Zone Inc 150,000 Omaui Tracks Trust 20,000 Orca Swimming Club Inc 1,403 Oreti Park Speedway scholarships 1,400 Otago Southland Chinese Association - Invercargill Branch 200 Otatara Landcare Group 250 Otatara School 621 Panthers Softball Club 5,750 Parent to Parent Southland 7,000 Phoenix Synchro (Southland) 30,000 Phoenix Synchro (Southland) - 16 scholarships 15,200 Piping & Dancing Association of NZ - Southland 1,800 Pirates Old Boys' Rugby Club 15,000 Poppycock Trust 15,000 Presbyterian Support Services - Family Works 67,000 Probus Club Invercargill Central 400 Queens Park Association Football Club 5,000 Queens Park Croquet Club Inc 1,000 Queens Park Ladies' Golf Club 700 Rape & Abuse Support Centre Southland Inc 40,000 Royal Guards Leisure Marching Team 5,000 Rugby Southland 340,000 Rugby Southland Supporters Club 5,500 Salford School 2,500 Shakespeare in the Park Charitable Trust 6,000 Southend United Junior Football Club Inc 1,800 Southern District Health Board - Incubator Programme 2016 year 3,500 Southern Gold Marching Team 868 Southern Grass Go-Kart Club 5,000 Southern Institute of Technology Trade Scholarships 10,000 Southern Miniature Horse Club 1994 Inc 500 Southern Models & Modellers Club 500 Southern Railway & Modellers Club 1,000 Southland A & P Association 4,000 Southland ACC Advocacy Trust 5,000 Southland Aero Club Inc 10,000 Southland Archery Club - scholarship 1,500 Southland Art Society Inc 34,000 Southland Asthma Society 24,000 Southland Basketball Association 82,000 Southland Basketball Association - 5 scholarships 3,500 Southland Beneficiaries and Community Rights 25,000 Southland Billiards and Snooker Association 4,000 Southland Bird Club 1,500 Southland Boxing Association Inc 4,000 Southland Canoe Club 1,500 Southland Christmas Parade Charitable Trust 6,000 Southland Community Broadcasters Charitable Trust 2,000 Southland Community Nursery Conservation Trust 5,000 Southland Competitions Society Inc 3,500 Southland Cricket Association 115,000 Southland Darts Association 1,600 Southland Darts Association - scholarship 700 Southland District Rugby Football League Inc 45,000 Southland Education 15,000 Southland Equestrian Centre 1,500 Southland Filipino Society 1,000 Southland Fire Service Museum Society 5,000 Southland Foodbank Charitable Trust 20,000 Southland Football Incorporated 75,000 Southland Football Incorporated - scholarship 1,000 Southland Girls' High School 2,500 Southland Golf Club Inc 1,750 Southland Greyhound Adoption Trust 1,000 Southland History Fair 2,000 Southland Indoor Bowls Centre Inc 22,000 Southland Indoor Bowls Centre Inc - scholarship 400 Southland Indoor Bowls Umpires' Association 500 Southland Indoor Leisure Centre Charitable Trust - ILT Stadium Southland 250,000 Southland Kennel Association 500 Southland Life Education Community Trust 5,000 Southland Mature Employment Services 5,000 Southland Motorcycle Club Inc Burt Munro Challenge; 2016 Superbike Road Race Nationals; 2016 Southland Moto-X Championships 47,400 Southland Mountain Bike Club 5,000 Southland Multicultural Council Inc 8,000 Southland Multiple Sclerosis Society Inc 17,500 Southland Musicians Club 2,000 Southland Olympic Weightlifting Inc - 5 scholarships 5,000 Southland Piping & Drumming Development Trust 35,000 Southland Power Boat Club 4,500 Southland Riding for the Disabled 2,000 Southland Rodeo Association Inc 5,500 Southland Rowing Association Inc 8,200 Southland Rowing Association Inc - scholarship 1,500 Southland Science & Technology Fair 1,500 Southland Secondary Schools' Sport 12,000 Southland Ski Club - scholarship 1,200 Southland Society of Model Engineers Inc 2,000 Southland Softball Association 40,000 Southland Softball Association - 2 scholarships 1,500 Southland Sports Car Club 20,000 Southland Sports Car Club - scholarship 700 Southland Stock Car Drivers Association 5,500 Southland Ten Pin Bowling Association Inc - scholarship 700 Southland Tennis Association Inc 55,000 Southland Triathlon & Multisport Club 9,800 Southland Triathlon & Multisport Club - scholarship 700 Southland Woodworkers Guild 1,263 Southland Youth One Stop Shop Trust 25,000 Sport Southland 163,500 Squash Southland 40,000 St Andrew's Indoor Bowling Club 500 Stadium Southland World Sheep Shearing & Handling Championships 15,000 Star Rugby Football Club 15,000 Strings of Southland Charitable Trust 2,200 Swim Southland 70,000 Takitimu Home Anglican Care Trust 15,000 Talent Development Southland Charitable Trust 56,000 Thistle AFC Inc 1,500 TOA Fighting Systems Southland Inc - 2 scholarships 2,400 Touch Southland 37,500 Touch Southland - 2 scholarships 1,400 Venture Southland Kidzone Festival; Southland Festival of the Arts ,500 Volleyball Southland Inc 32,000 Volleyball Southland Inc - 2 scholarships 2,100 Waihopai Association Football Club 5,000 Waihopai Bowling Club Inc 10,000 Waihopai Playcentre 1,232 Waihopai School 2,180 Waikiwi Highland Piping and Dancing Society 1,000 Waikiwi Rugby Club 15,000 Western FC 1,500 Windsor North School 2,000 Worldskills Southland - scholarship 1,200 YMCA Charitable Trust Southland 32,500 Young Spirit Indoor Bowls Club 200 Youth Development Southland Region Trust 'Kiwi Can' & 'Career Navigator' programmes 23,000 Youthline Southland Inc 2,500 Grants Refunded not required (53,140) Total $4,027,188 $8.03 million Returned to your community

12 PHONE FAX WEB POST PO Box 208, Invercargill 9840, New Zealand PHONE FAX WEB POST PO Box 1771, Invercargill 9840, New Zealand 2016 ILT Kidzone Cover photo courtesy of Tim Bright, Venture Southland