Resource 2016 Annual Reports Thread - Club Comparisons post #002

[Kwality]

Rooch would be scratching his head on the AFLs attempt at matters financial
A mere $16.5 mil carried as an asset last year now capitalised or written off? Either way, its gone.
A further accounting adjustment of $5.5 mil to straighten up the Accounts.

The very aptly described 'equal and disequal' payments to clubs with 'other distributions' averaging $5mil+ per club, ranging from $1.2 mil to Adelaide & Freo to $12 mil for GWS.


Its in good shape as Fitz hands over the baton.

 

[RussellEbertHandball]

Minor differences in what the clubs report as AFL income and what the AFL reports as distributions to clubs, partly i think due to clubs taking the afl membership revenue and including it in their own.

AFL Revenue [AFL Report]

• GWS - $23,110,553 (includes match reciepts) [AFL $21,548,374]
  
• Gold Coast - $17,194,594 (AFL Report)
  
• St Kilda - $17,125,673 [AFL $18,566,589]
  
• Brisbane - $16,753,407 [AFL $17, 532 ,922]
  
• Western Bulldogs - $15,068,488 [AFL $17,610,181]
  
• North Melbourne - $13,803,488 [AFL $15,022,303]
  
• Port Adelaide - $13,206,665 (AFL Report)
  
• Sydney - $12,940,423 [AFL $12,488,957]
  
• Melbourne - $12,758,742 [AFL $14,799,452]
  
• Richmond - $10,478,488 [AFL $12,358,925]
  
• Carlton - $ 10,238,834 [AFL $11,607,942]
  
• Adelaide - $10,138,488 [AFL $10,553,565]
  
• Essendon - $9,824,470 [AFL $11,914,715]
  
• Hawthorn - $9,788,488 [AFL $11,614,683]
  
• Fremantle - $9,713,488 [AFL $10,563,307]
  
• Geelong - $9,512,533 [AFL $10,787,483]
  
• West Coast - $9,388,488 [AFL $11,703,240]
  
• Collingwood - $8,888,484 [AFL $11,304,689]

Its interesting what clubs report as their AFL distribution. The minimum every club got was

Base distribution $8,188,488
TV monies.........$1,200,000 This was for the 2007-11 TV deal and extended for 2012-16 TV deal
TV monies...........$800,000 This was the equal distribution every club got for 2012-16 TV deal monies
--------------------------------
Total...............$10,188,488

* In the 2012-16 Club equalisation funding document the AFL said all clubs would get $500k in 2012, $575k in 2013, $650k in 2014, $725k in 2015 and $800k in 2016 = $3.25mil as part of the equal distribution from the extra TV $$$ and then there was the disequal amounts which the AFL called dis-equal distribution and Club Future Fund.

Looks like a few clubs who paid equalisation taxes have shown the net amount either in full or part or maybe some other club fines are taken off

 

[The_Wookie]

just an FYI -

 

[SgtSchulz]

just an FYI -

Port Adelaide should bring back Standard Chartered as a shirt sponsor.

 

[The_Wookie]

Gold Coasts annual report is showing as list, but it cant be bought. Interesting

 

[Kwality]

2016 West Australian Football Commission Financial ResultMonday, February 27, 2017 - 8:16 PM

The West Australian Football Commission (WAFC) demonstrated its ability to maintain financial stability and build on cash reserves in 2016.

This included recording a net profit of $1.032m and cash result of $617,000 to achieve the WAFC’s objective of building its cash reserve balance sheet.

The cash result was outlined at tonight’s Annual General Meeting (Monday, February 27), along with the annual investment of more than $24 million into developing WA football.

WAFC Chief Executive Officer Gavin Taylor said the outcome was achieved through sound financial management and a focus on building the WAFC’s balance sheet in a period of uncertainty surrounding football’s future economic model.

“In 2014 the WAFC set an objective of developing a cash reserve of at least 10% of its annual turnover budgeted at $3 million by October 31, 2017. Solid financial management plus a range of one-off special events held at Domain Stadium over the last three years assisted the WAFC to achieve this target by the end of October 31, 2016," he said.

“The current cash reserve now provides the WAFC and its stakeholders some security in a period where the football industry is in the final stages of negotiating a future economic model and developing a reform strategy to ensure the health and success of WA Football.”

Other major achievements in 2016 included:

• A 34% increase in participation with 302,662 West Australians now actively involved in Football competitions or programs
• Arresting a declining trend in male youth participation (13 to 17-year-olds) and achieving 2% growth
• 42% growth in female football participation
• An $11.3m net result from Domain Stadium
• Commencing a Structural Review of WA Football

The WAFC would like to acknowledge its major funding partners including Fremantle Football Club and the West Coast Eagles, the AFL and the Western Australian Government through the Department of Sport and Recreation. Their support enables the WAFC to invest in programs and initiatives which help grow and develop football in WA and deliver important social and community benefits.

CLICK HERE to view and download the 2016 WAFC Annual Report

The structural review by Boston Consulting was due to be delivered in the first quarter of 2017.

 

[Kwality]

https://thewest.com.au/sport/wafl/boston-review-finds-wafl-alignment-model-should-continue-through-to-2021-wafc-take-control-of-colts-ng-b88432486z

http://www.wafootball.com.au/news/12028/structural-review-of-wa-football

 

[Prince Imperial]

Suns recorded a $2.9m loss:

http://www.afr.com/business/sport/g...ows-the-afl-has-big-challenge-20170330-gva778

 

[Garlic muncher]

Suns recorded a $2.9m loss:

http://www.afr.com/business/sport/g...ows-the-afl-has-big-challenge-20170330-gva778

Well the way things are going, Eades payout could be added onto next years loss.

I think more should have been made of using metricon stadium, i seem to remember one year they made a huge profit on some weekend long concert, because i think the Suns have year round rights on the ground, except maybe the upcoming Commonwealth games.

A new BBL franchise on the GC would be a boon.

But besides all that of course they need to start being competitive, winning at home and building membership.

 

[Prince Imperial]

Well the way things are going, Eades payout could be added onto next years loss.

I think more should have been made of using metricon stadium, i seem to remember one year they made a huge profit on some weekend long concert, because i think the Suns have year round rights on the ground, except maybe the upcoming Commonwealth games.

A new BBL franchise on the GC would be a boon.

But besides all that of course they need to start being competitive, winning at home and building membership.

At this stage, membership and crowds will be worse than next year and they don't have a front of the jumper sponsor in 2017. There are no upcoming concerts listed on their stadium website. Evans has a huge amount to do.

 

[The_Wookie]

With the inclusion of Gold Coast, all club and league annual reports are now in.

Final Results

Annual Reports

• Australian Football League (Full Annual Report)
  
• Adelaide Football Club
  
• Brisbane Football Club
  
• Carlton Football Club
  
• Collingwood Football Club
  
• Essendon Football Club
• Fremantle Football Club
  
• Geelong Football Club
• Gold Coast Football Club
  
• Hawthorn Football Club
  
• Melbourne Football Club
  
• North Melbourne Football Club
• Port Adelaide Football Club [AGM edition]
• Port Adelaide Football Club [ASIC edition]
  
• Richmond Football Club
  
• St Kilda Football Club
• Sydney Swans Football Club
  
• Western Bulldogs Football Club
• Western Sydney Football Club
• West Coast Eagles Football Club

Consolidated Profit/Loss

• West Coast - $7.773,779
  
• Hawthorn - $4,660,824
• Geelong - $2,255,116
• Western Bulldogs - $1,773,234
• St Kilda - $1,107,311
• Melbourne - $720,218
• Fremantle - $525,643
  
• North Melbourne - $83,039
• Sydney - $53,224
• Port Adelaide - $14,840
  
• Richmond - ($80,257)
• GWS - ($493,197)
  
• Carlton ($769,265)
• Adelaide ($1,346,077)
  
• Brisbane - ($1,783,506)
• Collingwood - ($2,622,623)
• Gold Coast - ($2,941,965)
  
• Essendon - ($9,825,37)

Revenue

• Collingwood - $71,475,457
• Hawthorn - $69,779,234
• West Coast - $61,723,404
  
• Geelong - $54,650,813
• Carlton - $ 54,390,069
• Essendon - $53,499, 545
• Port Adelaide - $52,768,461 - 7,281,065
  
• Fremantle - $50,152,735
• Sydney - $49,073,185
  
• Brisbane - $48,707,494
• Western Bulldogs - $48,417,018
• Adelaide - $48,327,897
  
• Melbourne - $47,552,639
• Richmond - $47,538,233
• St Kilda - $39,928,568
• North Melbourne - $38,548,700
• GWS - $37,602,505
• Gold Coast - $35,657,581

Revenue without Pokies/Hospitality

• West Coast - $61,723,404
  
• Hawthorn - $51,440,437
• Fremantle - $50,152,735
  
• Collingwood - $49,819,159
• Adelaide - $48,327,897
  
• Geelong - $45,590,438
• Port Adelaide - $45,487,396
  
• Western Bulldogs - $41,723,167
• Richmond - $40,320,387
• Essendon - $39,959,539
• North Melbourne - $38,548,700
• GWS - $37,602,505
  
• Carlton - $36,440,868
• Gold Coast - $35,657,581
  
• Melbourne - $35,359,354
• Brisbane - $33,514,529
• St Kilda - $37,859,436

AFL Revenue

• GWS - $23,110,553 (includes match reciepts)
• Gold Coast - $19,101,579
  
• St Kilda - $17,125,673 (shown as AFL distributions and "other" income)
• Brisbane - $16,753,407
• Western Bulldogs - $15,068,488 (includes 1.2 mill prize money, 3.8m future fund)
• North Melbourne - $13,803,488
• Sydney - $12,940,423
  
• Melbourne - $12,758,742
• Richmond - $10,478,488
• Carlton - $ 10,238,834
• Adelaide - $10,138,488
  
• Essendon - $9,824,470
• Hawthorn - $9,788,488
• Fremantle - $9,713,488
  
• Geelong - $9,512,533
• West Coast - $9,388,488
  
• Collingwood - $8,888,484

Membership Revenue

• Collingwood - $22,565,759 (includes matchday)
• Adelaide - $21,962,388
• West Coast - $21,030,419
• Fremantle - $16,465,873
• Sydney - $15,432,368 (includes matchday)
• Geelong - $14,341,800 (includes gate reciepts)
• Hawthorn - $12,422,423
• Essendon - $10,100,110
• Carlton - $ 8,618,194
• North Melbourne - $7,263,161
• Melbourne - $7,578,057 (includes fundraising)
• St Kilda - $6,646,174
• Western Bulldogs - $6,412,414
• Gold Coast - $5,911,475 (includes ticketing)
• Brisbane - $5,602,557 (includes Gate reciepts)
• GWS - $1,258,993 (includes merchandise)

Membership Revenue per Member

• Gold Coast - $459.89 (includes ticketing)
• Adelaide - $404.41
• West Coast - $322.96
• Fremantle - $317.24
• Geelong - $274.77 (includes gate reciepts)
• Brisbane - $240.59 (includes gate reciepts)
• Melbourne - $193.58 (includes fundraising)
• Essendon - $175.67
• st Kilda - $174.44
• Cartlon - $171.92
• Hawthorn - $164.86
• North - $160.98
• Western Bulldogs - $159.99
• GWS - $82.19 (includes merchandise)

Sponsorship Revenue

• Sydney - $18,566,389
  
• Collingwood - $17,024,436
• Geelong - $16,079,494 (includes fundraising)
• Hawthorn - $14,947,662
• Adelaide - $14,642,251 (includes fundraising)
  
• Carlton - $13,623,204
  
• Essendon - $12 ,493 ,197
• Richmond - $10,575,059
• GWS - $9,984,172
  
• Western Bulldogs - $9,684,219
• Brisbane - $9,599,634
• Melbourne - $8,916,023
• North Melbourne - $8,559,657
• Gold Coast - $8,010,663 (includes "supply rights" income)
  
• West Coast - $7,934,503
  
• Fremantle - $5,885,937
  
• St Kilda - $5,838,157

Pokies and Hospitality Revenue

• Collingwood - $21,656,298
• Hawthorn - $18,338,797
• Carlton - $ 17,949,201
• Brisbane - $15,192,965
• Essendon - $13,540,006
• Melbourne - $12,193,285
• Geelong - $9,060,375
• Port Adelaide - $7,281,065
  
• Richmond - $7,217,846
• St Kilda - $2,069,132

Pokies and Hospitality Profit

• Collingwood - $5,501,431
• Brisbane - $4,207,183
• Melbourne - $3,620,569
• Carlton - $2,760,309
• Essendon - $2,456,768
• Western Bulldogs - $1,655,519
• Port Adelaide - $684,012

Gate Reciepts and Match Returns

• Melbourne - $4,592,047
• Hawthorn - $4,372,640
• North Melbourne - $2,265,583
• Western Bulldogs - $2,109,250
• West Coast - $1,932,307

• Carlton - $1,909,420
• Fremantle - $1,645,873
  
• St Kilda - $1,623,290
• Essendon - $216 , 850

Merchandise

• Hawthorn - $4,020,932
• West Coast - $2,787,156
  
• Western Bulldogs - $2,659,877
• Essendon - $2,268,964
• Fremantle - $1,898,542
  
• North Melbourne - $1,764,335
• Geelong - $1,742,436
• Carlton - $ 1,093,580
• Melbourne - $986,269
• Brisbane - $817,849
• St Kilda - $791,796
• Sydney - $596,405
• Gold Coast - $449,103

Football Department Spend

• Sydney - $25,023,140
  
• Fremantle - $23,670,746
• GWS - $23,612,985
• West Coast - $23,344,693
  
• Geelong - $23,172,565
• Essendon - $22,981,249
• Collingwood - $22,959,708
• Richmond - $22,794,109
• Western Bulldogs - $22,734,238
• Port Adelaide - $22,601,361
  
• North Melbourne - $22,337,950
• Brisbane - $22,236,384
• Melbourne - $21,927,456
• Carlton - $ 21,598,464
• St Kilda - $20,724,493
• Hawthorn - Not completely defined.

AFL Equalisation Levy

• Collingwood - $1,405,904
• Hawthorn - $1,301,588
• Geelong - $390,000
• Essendon - $350,004

Assets

• West Coast -$65,106,517
  
• Hawthorn - $62,414,117
• Collingwood - $52,857,370
• Essendon - $47, 817, 356
• Western Bulldogs - $42,108,053
• Geelong - $35,036,809
• Richmond - $29,521,323
• Fremantle - $28,770,795
• Adelaide - $25,960,039
  
• Carlton - $24,691,073
• Port Adelaide - $18,845,224
  
• Melbourne - $17,484,015
• North Melbourne - $15,911,962
• GWS - $14,861,516
  
• St Kilda - $14,160,615
• Sydney - $9,287,014
  
• Brisbane - $8,195,809
• Gold Coast - $7,948,380

Liabilities

• Geelong - $25,105,827
• Hawthorn - $20,814,863
• Essendon - $20,363,757
• Adelaide - $19,764,193
  
• Brisbane - $19,067,673
• Collingwood - $17,546,328
• Carlton - $16,550,678
• Fremantle - $16,285,071
  
• Western Bulldogs - $16,040,904
• St Kilda - $14,795,190
• Port Adelaide - $14,741,959
  
• Melbourne - $12,644,379
• West Coast - $11,790,884
• Gold Coast - $9,549,814
  
• Sydney - $7,201,195
  
• North Melbourne - $6,164,116
• Richmond - $5,430,252
• GWS - $4,014,532

Equity

• West Coast - $53,315,633
  
• Hawthorn - $41,559,254
• Collingwood - $35,311,042
• Essendon - $27,453 , 599
• Western Bulldogs - $26,067,149
• Richmond - $24,091,071
• Fremantle - $12,485,724
• GWS - $10,846,984
  
• Geelong - $9,930,982
• North Melbourne - $9,747,846
• Carlton - $8,140,395
• Adelaide - $6,195,846
  
• Melbourne - $4,839,636
• Port Adelaide - $4,103,265
  
• Sydney - $2,085,819
  
• St Kilda - ($634,575)
• Gold COast ($1,601,434)
  
• Brisbane - ($10,871,864)

 

[The_Wookie]

perhaps a final one to add for the year - Stadium Operations Limted 2016 Annual Report

interesting note - all directors of the company resigned the day the AFL took over and were replaced with AFL execs

• Ray Gunston - AFL General Manager - Major Projects, Infrastructure and Investment.
  
• Andrew Dillon, AFL General Manager – Legal, Integrity and Compliance
• Darren Birch, AFL General Manager - Growth, Digital and Audiences
• Sarah Fair, AFL General Manager - People and Culture

RussellEbertHandball

 

[RussellEbertHandball]

perhaps a final one to add for the year - Stadium Operations Limted 2016 Annual Report

interesting note - all directors of the company resigned the day the AFL took over and were replaced with AFL execs

• Ray Gunston - AFL General Manager - Major Projects, Infrastructure and Investment.
  
• Andrew Dillon, AFL General Manager – Legal, Integrity and Compliance
• Darren Birch, AFL General Manager - Growth, Digital and Audiences
• Sarah Fair, AFL General Manager - People and Culture

RussellEbertHandball

Looks like a full management takeover not just taking over the share registry ownership. 2017 AFL annual report should have the Stadiums revenue and expenses fully included in the consolidated figures. Thanks for downloading the AR Wookie. When I get back from Shanghai will have a good look at it but on the first glance $52m Occupancy Expenses is a big bucket for expenses. Have to read around to find out what goes into that bucket.