Club AGM-

[saintbrat]

recently has been mid Dec ( as it was 100 years ago

the Other ladder
club losses
Carlton - - $2 Mill

Carlton will post one of the biggest financial losses in the club’s history, and are expected to be $ 2 million in the red after notching just four wins for the 2015 season.
The result follows a $ 1.6 million loss for the 2014 season, but of more concern to the Blues is the fact they are in danger of breaching a “debt ceiling” imposed by the AFL, which underwrites a maximum $ 5 million Westpac overdraft for every club in the competition. According to the most recent accounts, Carlton have overdrawn that facility

.

Brisbane -$0.7 Mill

The Brisbane Lions Australian Football Club has produced its best financial result since 2009, recording a net operating loss of $0.7 million for 2014/15 – an improvement of $2.8 million on the previous financial year.
The Club generated a trading profit of $1 million for the year ending October 31, 2015, prior to depreciation and interest costs.

Profits
Hawthorn - + $ 3 mill

The Club is delighted to announce a net operating profit for the year ended 31 October 2015 of $3,332,972 (Club
2014: $3,420,400), excluding a specific donation of $2,000,000 towards our proposed new Training and
Administration facility in Dingley.
The consolidated net profit attributable to the members of the group for the year ended 31 October 2015 is
$3,374,299 (Consolidated 2014: $4,770,459), excluding the specific donation

.

Richmond - +$458,586

The Club has reported a net profit of $458,586 for the financial year ended 31 October. This is the
Club’s 11th consecutive profit – an outstanding result given we operate in such a competitive market.
The Club achieved this result off a revenue base of $46.7 million, an increase of $2.3 million year-on-year.

[Enrico_Misso]

I think it is Dec 23.
(There was an add under announcements in The Age calling for nominations a couple of months ago).

[loris]

I think it is Dec 23.
(There was an add under announcements in The Age calling for nominations a couple of months ago).

Hey EM..... I can see all the Saints members for-going their annual Chrissie P1ss Ups at work just to go to the Saints AGM on Dec 23......NOT!

[Bluthy]

It will be interesting to see where we land financially this year. You would expect a loss. We've been down the bottom of the ladder for the last 2 years, lots of Sunday games, pretty average crowds, not much t.v exposure etc. But the club (and players) have done a great job this year with marketing and PR to present us as an exciting, on-the-rise team. Our membership has been surprisingly good and they've done well to get some momentum going in difficult times. We may look back and see this is where we dug in and got our footing for our launch at becoming a powerhouse.

You wouldn't expect any board changes I guess unless someone can't do it any more. Sumner and the board have done a fantastic job. Steady as she goes.

[saintbrat]

the Other ladder
club losses
Carlton - - $2 Mill

Carlton will post one of the biggest financial losses in the club’s history, and are expected to be $ 2 million in the red after notching just four wins for the 2015 season.
The result follows a $ 1.6 million loss for the 2014 season, but of more concern to the Blues is the fact they are in danger of breaching a “debt ceiling” imposed by the AFL, which underwrites a maximum $ 5 million Westpac overdraft for every club in the competition. According to the most recent accounts, Carlton have overdrawn that facility

.

Brisbane -$0.7 Mill

The Brisbane Lions Australian Football Club has produced its best financial result since 2009, recording a net operating loss of $0.7 million for 2014/15 – an improvement of $2.8 million on the previous financial year.
The Club generated a trading profit of $1 million for the year ending October 31, 2015, prior to depreciation and interest costs.

Profits
Hawthorn - + $ 3 mill

The Club is delighted to announce a net operating profit for the year ended 31 October 2015 of $3,332,972 (Club
2014: $3,420,400), excluding a specific donation of $2,000,000 towards our proposed new Training and
Administration facility in Dingley.
The consolidated net profit attributable to the members of the group for the year ended 31 October 2015 is
$3,374,299 (Consolidated 2014: $4,770,459), excluding the specific donation

.

Richmond - +$458,586

The Club has reported a net profit of $458,586 for the financial year ended 31 October. This is the
Club’s 11th consecutive profit – an outstanding result given we operate in such a competitive market.
The Club achieved this result off a revenue base of $46.7 million, an increase of $2.3 million year-on-year.

Melbourne + $562,000

FOR THE second successive year, Melbourne has reported a net operating profit, this time in excess of half a million dollars.

Following a profit of $160,000 in 2014, the Demons have reported a profit of $562,000 for the financial year ending October 31.

The total revenue of the club grew by $2.4m, with $1.7m reinvested into the football department, split between total player payments and player development.

This included the AFL's entire $1.2m in distribution funding and equalization.

[saintbrat]

The Other ladder
club losses
Carlton - - $2 Mill

Carlton will post one of the biggest financial losses in the club’s history, and are expected to be $ 2 million in the red after notching just four wins for the 2015 season.
The result follows a $ 1.6 million loss for the 2014 season, but of more concern to the Blues is the fact they are in danger of breaching a “debt ceiling” imposed by the AFL, which underwrites a maximum $ 5 million Westpac overdraft for every club in the competition. According to the most recent accounts, Carlton have overdrawn that facility

.

Brisbane -$0.7 Mill

The Brisbane Lions Australian Football Club has produced its best financial result since 2009, recording a net operating loss of $0.7 million for 2014/15 – an improvement of $2.8 million on the previous financial year.
The Club generated a trading profit of $1 million for the year ending October 31, 2015, prior to depreciation and interest costs.

Profits
Hawthorn - + $ 3 mill

The Club is delighted to announce a net operating profit for the year ended 31 October 2015 of $3,332,972 (Club
2014: $3,420,400), excluding a specific donation of $2,000,000 towards our proposed new Training and
Administration facility in Dingley.
The consolidated net profit attributable to the members of the group for the year ended 31 October 2015 is
$3,374,299 (Consolidated 2014: $4,770,459), excluding the specific donation

.

Collingwood + $1.88 Mill

SEN 1116 ‏@SENNews
Meanwhile, Collingwood has announced a total profit of $3.48M for year ending October 31st, including $1.6M from the sale of a tavern

Richmond - +$458,586

The Club has reported a net profit of $458,586 for the financial year ended 31 October. This is the
Club’s 11th consecutive profit – an outstanding result given we operate in such a competitive market.
The Club achieved this result off a revenue base of $46.7 million, an increase of $2.3 million year-on-year.

Melbourne + $562,000

FOR THE second successive year, Melbourne has reported a net operating profit, this time in excess of half a million dollars.

Following a profit of $160,000 in 2014, the Demons have reported a profit of $562,000 for the financial year ending October 31.

The total revenue of the club grew by $2.4m, with $1.7m reinvested into the football department, split between total player payments and player development.

This included the AFL's entire $1.2m in distribution funding and equalization.

[saintbrat]

Notice is hereby given that the Annual General Meeting of St Kilda Saints Football Club Limited (the “Company”) will be held at Kingston City Hall, 979 – 985 Nepean Highway, Moorabbin on Monday 21 December 2015 at 7:00pm


email today

[saintbrat]

Reports:

2015 Annual Report - available Monday 30 November

2014 Annual Financial Report
2013 Annual Financial Report
2012 Annual Financial Report

http://www.saints.com.au/club/about/pol ... nd-reports

[saintbrat]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

[Bluthy]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

Wow thats a great effort seeing our ladder position. Heading in the right direction with a solid base being laid by the administration.

[chook23]

we still recorded a massive lost overall............but an improvement on last year

[saintbrat]

http://s.afl.com.au/staticfile/AFL%20Te ... t-2015.pdf

Objectives and Strategies of the Company
The Company’s short term objectives are to:
• Return the Club to a profitable financial position through improving revenues from football and non-football related trading
activities
• Redevelop sporting and social facilities at our Moorabbin premises
• Increase in our membership base and fan engagement
• Develop our playing list and team performance to provide competitive on-field results
• Attract and retain high quality people into all on and off-field roles
• Establish a supporter base and ongoing sustainable presence in New Zealand
• Establish a Foundation capable of supporting significant infrastructure and community initiatives

The Company’s long term objectives are to:
• Be a top 4 side that is positioned to be a consistent premiership contender
• Have more than 50,000 members (5,000 in New Zealand)
• Deliver annual profits year on year to enable investment into our key strategic initiatives that will underpin a prosperous
future
• Be admired for our culture, built on a foundation of respect and accountability
• Have developed a working environment that continues to attract the very highest calibre of people
• Be a club that has meaningful relationships with our business and community partners
• Have infrastructure and home match stadium returns the equivalent of our competitors

[saintbrat]

League as a whole spending beyond their means

The AFL has forecast a loss of almost $20 million for next year as the financial woes of the majority of its clubs continues to haunt the competition.
League chief Gillon McLachlan revealed the gloomy outlook for 2016 to club bosses on the eve of last week's national draft, signifying a financial year-to-year downward turnaround estimated at $22 million.
The revelation came as the AFL enters its final year of the current broadcast rights agreement and the second year of the wildly unpopular two-year equalisation measures which look certain to be scrapped and restructured from 2017.
And it has coincided with repeated warnings from the game's new financial controller Ray Gunston that the AFL clubs are overspending and must rein in their budgets next season. The current debt being carried by the clubs is estimated at an alarming $60 million and the $20 million loss has been blamed largely on the clubs' financial woes.

Read more: http://www.theage.com.au/afl/afl-warns- ... 6-20151130
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Follow us: @theage on Twitter | theageAustralia on Facebook

[Enrico_Misso]

Notice is hereby given that the Annual General Meeting of St Kilda Saints Football Club Limited (the “Company”) will be held at Kingston City Hall, 979 – 985 Nepean Highway, Moorabbin on Monday 21 December 2015 at 7:00pm
email today

At least the meeting is back in civilisation this year.
I wasn't prepared to risk parking my car in Frankston last year.

[saintbrat]

It was at Moorabin last year too - how time flies

[st.byron]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

Bunk or someone who understand what this means........is that a good result or a bad one? Are depreciation and amortisation just paper figures? In layman's terms, if possible, what does that result mean? Is a profit before depreciation, amortisation and interest good enough and those elements just paper figures. Apologies in advance if my question makes no sense. I have no idea what those things mean in a balance sheet.

[Bunk_Moreland]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

Bunk or someone who understand what this means........is that a good result or a bad one? Are depreciation and amortisation just paper figures? In layman's terms, if possible, what does that result mean? Is a profit before depreciation, amortisation and interest good enough and those elements just paper figures. Apologies in advance if my question makes no sense. I have no idea what those things mean in a balance sheet.

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

[Bunk_Moreland]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

Bunk or someone who understand what this means........is that a good result or a bad one? Are depreciation and amortisation just paper figures? In layman's terms, if possible, what does that result mean? Is a profit before depreciation, amortisation and interest good enough and those elements just paper figures. Apologies in advance if my question makes no sense. I have no idea what those things mean in a balance sheet.

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

[st.byron]

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

No you dont sound rude at all. So do the Saints have crap financial health? And what is EBITDAR?

[ripplug66]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

Bunk or someone who understand what this means........is that a good result or a bad one? Are depreciation and amortisation just paper figures? In layman's terms, if possible, what does that result mean? Is a profit before depreciation, amortisation and interest good enough and those elements just paper figures. Apologies in advance if my question makes no sense. I have no idea what those things mean in a balance sheet.

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

You don't sound rude with what you wrote but repeating yourself is bloody rude.

[Bunk_Moreland]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

Bunk or someone who understand what this means........is that a good result or a bad one? Are depreciation and amortisation just paper figures? In layman's terms, if possible, what does that result mean? Is a profit before depreciation, amortisation and interest good enough and those elements just paper figures. Apologies in advance if my question makes no sense. I have no idea what those things mean in a balance sheet.

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

You don't sound rude with what you wrote but repeating yourself is bloody rude.

sorry

[Bunk_Moreland]

http://saints.com.au/news/2015-11-30/st ... l-position

The on and off-field improvement at St Kilda continues with the club recording a $389,337 operating profit before depreciation, amortisation and interest for the year ended 31 October, 2015 (compared to a $2,607,330 loss the previous year). 
$2,607,330 loss the previous year). 

When interest, depreciation and amortisation are included, the club recorded a net loss of $847,693 compared to $3,912,922 the previous year.

>>>>>>>>>

Bunk or someone who understand what this means........is that a good result or a bad one? Are depreciation and amortisation just paper figures? In layman's terms, if possible, what does that result mean? Is a profit before depreciation, amortisation and interest good enough and those elements just paper figures. Apologies in advance if my question makes no sense. I have no idea what those things mean in a balance sheet.

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

You don't sound rude with what you wrote but repeating yourself is bloody rude.

sorry

[Bunk_Moreland]

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

No you dont sound rude at all. So do the Saints have crap financial health? And what is EBITDAR?

What you quoted above

'Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent Costs

or maybe EBITDA

'Earnings Before Interest, Taxes, Depreciation, Amortization'

Accountants use both concepts depending whom we want to fool or massage

[BringBackMadDog]

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

No you dont sound rude at all. So do the Saints have crap financial health? And what is EBITDAR?

EBITDAR stands for Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs. Depreciation and amortisation are non-cash expenses so they don't actually result in a loss of cash, they are just write down values on club assets. The club is not bad off, I would like to see a greater revenue stream but that will come if we can increase our membership base and sponsorship. Obviously increased crowds on game day will also help. I don't think we can further reduce operating costs without falling too far behind other clubs.

[st.byron]

Don't want to sound rude but a P&L means SFA to the health of an organisation. Profit and therefore loss is just an accounting concept. EBITDAR above is an OK guide I guess.

To see the health of an organisation look at the Cash Flow mainly and the Balance Sheet secondly.

To much emphasis on "profit" when there are a million variables that can be done. All under standards of course

No you dont sound rude at all. So do the Saints have crap financial health? And what is EBITDAR?

EBITDAR stands for Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs. Depreciation and amortisation are non-cash expenses so they don't actually result in a loss of cash, they are just write down values on club assets. The club is not bad off, I would like to see a greater revenue stream but that will come if we can increase our membership base and sponsorship. Obviously increased crowds on game day will also help. I don't think we can further reduce operating costs without falling too far behind other clubs.

Thanks Bunk and BBMD