CONTENTS CHAIRMAN S REPORT MANAGING DIRECTOR AND CEO S REPORT FINANCE DIRECTOR S REPORT DIRECTORS REPORT INDEPENDENT AUDITOR S REPORT FINANCIAL REPORT
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1 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012
2 CONTENTS 2 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN CHAIRMAN S REPORT 3 MANAGING DIRECTOR AND CEO S REPORT 4-5 FINANCE DIRECTOR S REPORT 6 DIRECTORS REPORT 7-8 INDEPENDENT AUDITOR S REPORT 9 FINANCIAL REPORT 10-15
3 CHAIRMAN S REPORT The end of another year is already upon us and despite our patient to the cause. David Evans Chairman Essendon Football Club ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
4 MANAGING DIRECTOR AND CEO S REPORT A 4 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
5 Ian Robson Essendon Football Club Managing Director & CEO ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
6 FINANCE DIRECTOR S REPORT O TRADING RESULTS FINANCIAL POSITION HIGH PERFORMANCE CENTRE DEVELOPMENT LOOKING AHEAD Paul Brasher Finance Director 6 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
7 ESSENDON FOOTBALL CLUB ABN DIRECTORS REPORT 1. DIRECTORS 2. PRINCIPAL ACTIVITY 3. OBJECTIVES AND STRATEGIES OF THE COMPANY 4. OPERATING RESULT 5. MEETINGS OF DIRECTORS eligible to attend Attended eligible to attend Attended * 6. INFORMATION ON CURRENT DIRECTORS * ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
8 7. AUDITOR INDEPENDENCE AUDITOR S INDEPENDENCE DECLARATION 8. MEMBERS GUARANTEE DIRECTORS DECLARATION $ 8 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
9 AUDITOR S INDEPENDENCE DECLARATION TO THE DIRECTORS OF ESSENDON FOOTBALL CLUB INDEPENDENT AUDITOR S REPORT DIRECTORS RESPONSIBILITY FOR THE FINANCIAL REPORT AUDITOR S RESPONSIBILITY ELECTRONIC PRESENTATION OF AUDITED FINANCIAL REPORT INDEPENDENCE AUDITOR S OPINION ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
10 ESSENDON FOOTBALL CLUB ABN STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 OCTOBER 2012 Note STATEMENT OF CHANGES IN MEMBERS FUNDS FOR THE YEAR ENDED 31 OCTOBER 2012 Asset Funds Funds $ STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2012 Note STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2012 Note FINANCIAL YEAR 10 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
11 NOTES TO AND FORMING PART OF THE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES Loans and receivables Financial liabilities Land Asset revaluation reserve Plant and equipment/leasehold improvements Depreciation rate ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
12 Gaming entitlements Gaming liabilities 2. ESSENDON FOOTBALL CLUB 12 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
13 NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER OPERATING PROFIT FROM ORDINARY ACTIVITIES 4. TRADE AND OTHER RECEIVABLES 5. INVENTORIES 6. OTHER ASSETS 7. PROPERTY, PLANT AND EQUIPMENT (a) An independent valuation of freehold land in Napier Street, Essendon, was undertaken ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
14 Land Leasehold Total Land Leasehold Total 8. INTANGIBLES 9. TRADE AND OTHER PAYABLES 10. EMPLOYEE BENEFITS Current Non current 11. INCOME RECEIVED IN ADVANCE 12. FINANCIAL LIABILITIES Current Non current 13. BANK FACILITIES of facility Unused 14. NOTES TO THE STATEMENT OF CASH FLOWS Trading cash Adjustments for: Changes in assets and liabilities: 14 ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
15 15. CAPITAL AND LEASING COMMITMENTS 16. FUTURE FUNDING currently yet to be 17. CONTINGENT LIABILITIES 18. KEY MANAGEMENT PERSONNEL 19. SUBSEQUENT EVENTS ESSENDON FOOTBALL CLUB ANNUAL REPORT 2012 ABN
16 Essendon Football Club Napier Street, Essendon PO Box 17, Essendon essendonfc.com.au
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