ANNUAL REPORT AND ACCOUNTS 2015 – 2016 FINANCIAL ANNUAL REPORT ANDYEAR ACCOUNTS 2015 – 2016 FINANCIAL YEAR 2015 Inter Dominion Champion: Lennytheshark and Chris Alford 2016 Pacing Cup Winner: My Hard Copy and Clint Hall 2016 Fremantle Cup Winner: Beaudiene Boaz and Gary Hall Jr ttray Cover photographs courtesy of Jodie Hallows. Western Australian Trotting Association trading as Gloucester Park Harness Racing MEMBERS OF THE COMMITTEE AND EXECUTIVE STAFF President Mr J P (John) Burt Senior Vice President Mr K J (Kevin) Jeavons Vice President Mr G (Gino) Monaco Immediate Past President Mr G R (Garry) Scott Committee Mr M N F (Maurice) Grubisa Mr L G (Laurie) Kennedy Mr T A (Alan) Parker Mr R (Bob) Pettigrew Mr J C (Joe) Schaper Chief Executive Mr M (Michael) Radley Finance Manager Mr B (Brendon) Sarson Operations/Hospitality Manager Mr T (Tony) Williamson Auditors William Buck Audit (WA) Pty Ltd Bankers St George Bank Limited Patron Her Excellency the Honourable Kerry Sanderson AC, Governor of Western Australia Gloucester Park Harness Racing is the registered business name for Western Australian Trotting Association Postal Address: PO Box 6025, Hay Street, East Perth WA 6892 Street Address: Gloucester Park, Nelson Crescent, East Perth WA 6004 Annual Report and Accounts 2015-16 Financial Year Ph: (08) 9323 3555 Fax:(08) 9323 3514 ABN: 39 716 308 585 Email: [email protected] Web: www.gloucesterpark.com.au Page 1 NOTICE CONVENING ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Members will be held in Steelo’s Restaurant at 6.30 pm on Wednesday 26th October 2016. BUSINESS 1. Confirmation of minutes of the previous Annual General Meeting held on 28th October 2015 2. Reception of the President’s report presented on behalf of the Committee 3. Reception and discussion of the 2015/16 Annual Accounts 4. Election of Committee (for the period 2016/17 – 2018/19 inclusive) - declaration by Chairman Nominations for Committee received from… Messrs K Dinnigan; M N F Grubisa; L G Kennedy; and J C Schaper 5. Election of Life Members Committee recommendation … Cedric Smith 6. General Business Page 2 Gloucester Park Harness Racing President’s Report Dear Members, I am privileged to report on the 2015/16 financial year, together with events which will arise in the ensuing twelve months. Once again Gloucester Park Harness Racing has endured another tough financial year, however there have been a number of positives to come out of the 2015/16 season. There is no denying we are in a changing and challenging industry. In 2010/11 $1.828 million was invested through the Gloucester Park on-course TAB. In 2014/15 it was $1.066 Million, that’s a 42% decrease in just five years, and the 2015/16 year saw a further decrease of 15%, with on-course totaliser income of $903k. This is not specific to Gloucester Park, it is an International trend and there is no indication that on-course turnover will plateau as more wagering investment is placed through account betting via websites and smartphones apps, rather than betting with cash on track. It is also something we have very little control over reversing due to RWWA’s agreement with Tabcorp, which is of great benefit to the racing industry and wagering overall (it is how the industry is funded), but detrimental to on-course investment and income for race clubs. We are working with RWWA on a funding model that can overcome these changes and some steps have already been implemented. This is not a defeatist attitude by any means, but a reality and something that the Club needs to address. If we continue to operate the same way as we did 10 or 20 years ago the future is very bleak, which is why we were required to undertake the necessary structural changes to ensure the longevity of the Association. This means GPHR needs to adapt and maximise other income streams, especially hospitality and non-racing income. It is the driving force behind the change in strategic direction the GPHR started eighteen months ago, commencing with the takeover of the catering. This not only means we have more control over the quality of food, but also allows us to drive a vital income stream, especially with the scope of opportunity which will arise through the location of Gloucester Park. The planning process to capitalise on these opportunities has been well underway since the announcement of the new Perth Stadium. Gloucester Park management have been in discussions for a number of months with stakeholders and have signed an agreement with the West Coast Eagles to enter an exciting partnership. Annual Report and Accounts 2015-16 Financial Year Page 3 President’s Report Perth’s new stadium under construction, September 2016 GPHR continues to work closely with the WACA on a number of fronts, including, as you have no doubt seen, the cultivation of the drop-in cricket pitches for the new stadium on the in-field of the track. Part of the change in strategic direction has been the need to make tough decisions. This included structural changes to the business and staff redundancies. Unfortunately during this year GPHR had to make five staff redundant. These were tough decisions because the people made redundant weren’t just work colleagues, but friends. However, the tough decisions are necessary for the betterment of the Club and have resulted in GPHR making an operating profit for the last third of the year. This is a massive turnaround which defies the trend for most race clubs and justifies the streamlining of the operation and new direction for the Club. Making the turnaround more positive is that the operating profit came in one of the quietest times of the year for GPHR. It is a small, but positive step that we will build on. RWWA RWWA have continued in their support of GPHR and I would like to thank the RWWA Board and Management team, led by Jeff Ovens and Richard Burt. Their support during these challenging times is particularly vital and it gives me great pleasure to include at the end of my report a letter from RWWA CEO Richard Burt. I would like to specifically thank Professor John Yovich, who was Racing Manager in charge of all three codes over the past twelve months and offered great support in his time with RWWA. I wish John good luck with his new role as Managing Director of Perth Racing. Noel Reilly and his Harness Racing Office have once again worked closely with Gloucester Park and are in the process of defining a new strategic direction for the sport, which will focus on improving wagering and participation. I would also like to thank Peter Bibby, Manager Race Club Development, who has worked closely with our management on a number of important issues. Page 4 Gloucester Park Harness Racing President’s Report TAB Privatisation The TAB privatisation process has been lengthy and drawn out and we still have a long way to go. GPHR is pleased that harness racing is represented on the WA Racing Representative Group (WARRG) by GPHR Committee member Kevin Jeavons, as well as racing icon Fred Kersley. The WARRG have been very thorough in forming a foundation for the racing industry to enable it to be in the best position possible to protect its future income, whether the TAB is privatised or not. This includes the initial Gunston Report and a follow up report on Racing’s future requirements, the WA Racing Industries Requirements & Needs Report, which has been presented to the Premier and the Racing Minister. These are complex documents dealing with a changing wagering landscape and are vital if the WA Racing industry is to continue to remain strong and prosperous. The GPHR Committee and management are fully supportive of the WARRG and their dealings with both RWWA, and in particular the Government. Refurbishment During the year, there was consultation with members regarding your facilities. This included a poll on a preferred member room, which resulted in an 80% support vote to move from the Beau Don to the Radiant Oro room. Part of the move involved an upgrade to the Radiant Oro room, which is now truly a wonderful members’ facility. The Radiant Oro will also be able to hold additional members over the upcoming TABtouch Inter Dominion, providing comfortable surroundings during the busiest times of the season. Overall, there has been $1.8 Million invested into Gloucester Park’s infrastructure and facilities over the past 15 months. This was well overdue and necessary to make Gloucester Park competitive in the current hospitality and entertainment market. The Beau Don underwent a smaller refurbishment and will be used for sponsors during the Inter Dominion and as a commercial area at other times, accommodating large groups and parties, and as overflow for the Beau Rivage during peak times. The newly refurbished Radiant Oro Members Area Annual Report and Accounts 2015-16 Financial Year Page 5 President’s Report Inter Dominion As is customary, the TABtouch Inter Dominion took pride of place as the premier event on the Australasian harness racing calendar. We had a record number of visiting competitors to Perth for both the Inter Dominion and support races, which produced world class racing and saw the Grand Final go to Victorian Lennytheshark for Champion trainer David Aiken and record breaking driver Chris Alford, defeating local pacer Lovers Delight. At the conclusion of the series, GPHR undertook a complete review of the 2015 TABtouch Inter Dominion. There were many positive areas that we will build on for 2016, but there are also a number of changes that need to be made. Firstly, the Grand Final will revert to a Friday night. The Sunday was worth a try in the first year, especially to support RWWA and a better time for interstate and New Zealand turnover, however it did not have the success for the club that we had hoped for. Friday night is the traditional timeslot for trotting in Perth and that’s when the Inter Dominion will be run over the next two years. There will also be a change to the prizemoney structure. The series will remain at $1.8 million dollars, however the heats will be increased from $50,000 to $75,000 each and the Final will now be $1.1 Million. This is to ensure the prizemoney is shared as equitably as possible and encourage as many visiting connections as possible. Once again the IER Economic Impact Report has endorsed what a great event the TABtouch Inter Dominion is for Perth and WA, generating a gross value add of $8.04 Million, with a total direct spend of $7.72 Million, and we are expecting another influx of visitors to our great state in 2016. Staff As previously stated, it has been a year of change for the GPHR staff through a number of redundancies at all levels. Marketing Manager, Leith Putland and long-time grounds staff Don Kennington and Geoff Baker were part of the redundancies. I would like to thank all who are no longer with GPHR for their service to the Association. Our fledgling Catering Department has continued to develop under the leadership of Operations Manager Tony Williamson and Head Chef Daniel Batson. Their staff have worked hard to make the new Department a success in our first twelve months of operation. Tony also oversees the management of our facilities and, despite the reduction in staff, our grounds continue to look immaculate and are a great showcase for our great sport; while Track Curator Brett Regan has once again excelled to produce a great racing surface week after week. Finance Manager, Brendon Sarson and his team have overseen the revision of most of our accounting procedures and, most importantly, the implementation of new reporting systems, which has assisted greatly in the financial turnaround and has us well placed to capitalise on the changing business environment that we find ourselves in. Page 6 Gloucester Park Harness Racing President’s Report Racing Highlights September 2015 • BETTORS FIRE and Kyle Harper continued their good form by winning the Sully’s Painting New Season Pace • TUXEDO TOUR and Gary Hall Jnr took home the Media Guild Cup • Justin Prentice and THIS TIME DYLAN produced an exciting finish to win the Ross North Homes Spring Pace, beating Northview Punter by half a head • MOHEGAN SUN and Micheal Ferguson shone in the TABtouch Warwick Final October 2015 • Chris Lewis drove crowd favourite LOVERS DELIGHT to victory in the Brear & Doonan Navy Cup • Not to be outdone, TUXEDO TOUR and Gary Hall Jnr beat Lovers Delight to win the Del Basso Smallgoods MS Pace • SHARDONS ROCKET and Callan Suvaljko won the West Australian MS Pace • Gary Hall Jnr steered WAYLADE to a firm victory in the Community Newspaper Group J P Stratton Cup • The Dr Pat Cranley Memorial was won by ANOTHER VINNIE and Aaron Beckett, whilst Lauren Jones guided NORTHVIEW PUNTER to win the Del Basso Smallgoods MS Pace November 2015 • WAYLADE and Gary Hall Jnr surged ahead to win the Mount Eden Sprint, beating stablemate My Hard Copy by a head • A tight finish as LEDA McNALLY and Chris Voak beat Rocket Reign by a head to win the Retravision MS Pace • Driven by Chris Voak, visiting champion FRITH won the James Brennan Memorial • Italian Fireworks Race Night and the first heat night of the 2016 TABtouch Inter Dominion produced some outstanding winners: Retravision Inter Dominion Heat 1: DEVENDRA and James Rattray TABtouch Inter Dominion Heat 2: LENNYTHESHARK and Chris Alford KAI Construction Inter Dominion Heat 3: PHILADELPHIA MAN and Gavin Lang The TABtouch Parliamentarians Cup was another exciting race as LEDA McNALLY and Chris Lewis beat Berisari by half a head December 2015 • The second heat night of the TABtouch Inter Dominion took place at the Bunbury Trotting Club before an enthusiastic crowd, with the following winners: Annual Report and Accounts 2015-16 Financial Year Page 7 President’s Report Retravision Inter Dominion Heat 4: MY HARD COPY and Clint Hall TABtouch Inter Dominion Heat 5: LENNYTHESHARK and Chris Alford Hi Temp Services Inter Dominion Heat 6: PHILADELPHIA MAN and Gavin Lang • Back at Headquarters the third heat night of the TABtouch Inter Dominion produced the following winners: Retravision Inter Dominion Heat 7: LOVERS DELIGHT and Chris Lewis Westral Inter Dominion Heat 8: LIBERTYBELLE MIDFREW and Mark Reed - a great win for sponsor Albert Walmsley, the owner of the horse TABtouch Inter Dominion Heat 9: DEVENDRA and James Rattray FRITH and Chris Voak gave the crowd a nail-biting finish to beat Ideal Alice by half a head in the Clipsal Norms Daughter Classic The excitement was palpable as Gary Hall Jnr drove BEAUDIENE BOAZ to victory in the Group One 4YO McInerney Ford Classic, beating Run Oneover by a short half head • Grand Final Day of the 2016 TABtouch Inter Dominion produced outstanding racing, with Gavin Lang the final winner in the International Drivers Challenge The TABtouch Inter Dominion Consolation was won by COLD MAJOR and Greg Sugars The Retravision Golden Nugget was won by BEAUDIENE BOAZ and Gary Hall Jnr The Westral Mares Classic was won by NIKE FRANCO and Luke McCarthy – McCarthy has won two Mares Classics The Clipsal by Schneider Electric Trotters Cup was won by EARL OF CHARITY and Chris Lewis. This was the first ever Group One trotters race in WA, won by GPHR Member Norm Champion, and The $1,300,000 TABtouch Inter Dominion Grand Final was won by LENNYTHESHARK and Chris Alford • JOHN OF ARC and Gary Hall Jnr raced home in an exciting finish to win the Sully’s Painting MS Pace by a neck • IM A PEREGRINE and Stuart McDonald won the Christmas Gift Final January 2016 • BEAUDIENE BOAZ and Gary Hall Jnr welcomed in the New Year by winning the Village Kid Sprint • Once again BEAUDIENE BOAZ and Gary Hall Jnr were in top form as they took out the Group One Retravision Fremantle Pacing Cup • MY HARD COPY and Clinton Hall beat the favourite to win the Group One 2016 TABtouch WA Pacing Cup, making this his second WA Pacing Cup • MOHEGAN SUN and Clinton Hall were the winners of the West Australian Nights of Thunder Final • The Abbott & Co Lord Mayor’s Cup was won by CYAMACH and Kim Prentice Page 8 Gloucester Park Harness Racing President’s Report February 2016 • BABY SHE ROCKS and trainer-driver Kaiden Hayter stole the show to win the Westside Auto Wholesale 3YO Fillies Sales Classic • The Cowden Limited Daintys Daughter Classic was won by an in-form DODOLICIOUS and Ryan Warwick • EL MACHINE and Michael Tenardi took out the Hahn Super Dry 3.5 RWWA Cup on Chinese New Year Fireworks Racenight • The Del Basso Smallgoods Empress Stakes was won by MAJOR REALITY and Brayden Green March 2016 • JOHNNY DISCO and Chris Lewis proved they had all the right moves by winning the Caduceus Club Classic • An exciting finish as THE ODD LOVER and trainer-driver Kim Prentice gained victory by a half-head • ZNANA and Gary Hall Jnr took home the prize after winning the Westral for Quality Easter Cup April 2016 • CHICAGO BULL and Gary Hall Jnr were the winners of the 3YO Slater Gartrell Sports Western Gateway Pace • Once again there was no stopping CHICAGO BULL and Gary Hall Jnr as they edged out Kiwi Raider Lets Chase the Dream to win the Sky Racing WA Derby • RED HOT ROXY was the 2YO winning filly and ALLMIGHTYJOELOUIS the 2YO winner of the Colts & Geldings Clipsal by Schneider Electric Sales Classics, both very ably driven by Gary Hall Jnr • WESLEY gave trainer Sarah Wall and driver Kaiden Hayter cause for celebration by winning the Group Two Champagne Classic May 2016 • DODOLICIOUS and Ryan Warwick finished on top again to win the Gannons’ WA Oaks • DIGITAL ART and trainer-driver Justin Prentice took home the bouquet by winning the Race for Roses • The Channel 7 MS Pace was won by NORVIC NIGHTOWL and Gary Hall Jnr • IDEAL ALICE and Gary Hall Jnr proved too good to beat in the WASBA Breeders Stakes • The Hi-Temp Services Members Sprint was won by RUN ONEOVER and Clinton Hall Annual Report and Accounts 2015-16 Financial Year Page 9 President’s Report June 2016 • LADY LUCA sparkled under Chris Lewis’ guidance to win the Group One Del Basso Smallgoods 2YO Diamond Classic Fillies Final • IM ROCKARIA and Chris Voak were the winners of the Princi Smallgoods 2YO Pearl Classic Final for Colts and Geldings • Morgan Woodley and SERGEANT OATS were way ahead of their rivals, winning The Gloucester Motel and Restaurant 2YO Westsired Colts and Geldings MS Pace • RUN ONEOVER and Clint Hall beat Cyamach by a short half-head in a dazzling finish to win the LED Perth Past Presidents Cup July 2016 • Owners Only supported a fantastic night of harness racing DOALITTLEROCKANDROLL and Justin Prentice won the 2YO Westbred Fillies by a head THE REAL IDEAL and Chris Lewis won the 2YO Westbred Colts and Geldings DODALICIOUS and Ryan Warwick won the 3YO Westbred Fillies, and NEW WORLD ORDER and Nathan Turvey won the 3YO Westbred Colts and Geldings • The Kai Construction 2YO Gold Bracelet was won by MACZAFFAIR and Mark Reed • The Premier Avan 2YO Golden Slipper was won by MITCH MAGUIRE AND Ryan Warwick • NAUGHTY MARAVU and Gary Hall Jnr behaved beautifully to win the Garrards Horse & Hound BOTRA Cup • The John Higgins Memorial was won in style by RUB OF THE GREEN and Gary Hall Jnr August 2016 • THREE BEARS and Kiara Davies were the clear winners in the Kerry Clarke Westbred 4YO & 5YO Final • The Marathon Handicap was taken out by OUR JERICHO and Chris Lewis • COPAGRIN and Morgan Woodley smiled as they crossed the line closely followed by Run Oneover and Northern Assassin in the Here’s To The Chase by Wolf Blass MS Pace • BETTORS FIRE and Kyle Harper blitzed their competitors to win the August Cup Promotions and Marketing The following prominent companies and GPHR suppliers are Gloucester Park’s Inter Dominion sponsors over the three-year Series: Page 10 Gloucester Park Harness Racing President’s Report • • • • • • • • Retravision Perth Audio Visual Seven West Media Schneider-Electric Princi Butchers International Animal Health Products Del Basso Smallgoods Slater-Gartrell Sports Sponsors GPHR wishes to thank the following sponsors for supporting Gloucester Park during the 2015/16 season: Abbott & Co Printers Brear & Doonan Clipsal by Schneider Electric Gannons Lakes Electrical Distributors Milne Feeds Premier Avan Sky Racing TABtouch Westral Alltools Caduceus Club of WA Cowden Limited International Animal Health Products Lion PAV Events Retravision Slater Gartrell Sports The Gate Bar & Bistro Westside Auto Wholesale Allwood Stud Channel 7 Del Basso Smallgoods Hi-Temp Services McInerney Ford Princi Butchers Ross North Homes Sully’s Painting The West Australia Westralian Membership During the 2015/16 season Members Stan Brown, George Carter, Cliff Dalzell, Gary Hinkley, Jean Hyde, Terry Kitson, Ronald Lee, Anthony O’Driscoll, Edwin Towl, Robert Stanley and Joseph Zlaman passed away. Our sincere condolences to the families and friends of those Members on their sad passing. Conclusion I wish to thank my fellow Committee members, the CEO, management and staff for their contribution and support over the past twelve months, and look forward with anticipation to an exciting season ahead, which I feel will be one of the best for Gloucester Park and the Members. JOHN BURT PRESIDENT Annual Report and Accounts 2015-16 Financial Year Page 11 Page 12 Gloucester Park Harness Racing Committee - Meeting Attendance COMMITTEE - MEETING ATTENDANCE from 29 October 2015 to 8 September 2016 (13 meetings held) Attendance Apologies John Burt 12 1 Kevin Jeavons 13 Gino Monaco 12 Maurice Grubisa 13 Laurie Kennedy 13 Alan Parker 13 Bob Pettigrew 11 2 Joe Schaper 12 1 Garry Scott 13 Annual Report and Accounts 2015-16 Financial Year 1 Leave of Absence Page 13 WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING STATEMENT OF FINANCIAL POSITION STATEMENT OF FINANCIAL POSITION AS AT 31 JULY 2016 AS AT 31 JULY 2016 Statement of Financial Position 2016 $ Current Assets Cash & Cash Equivalents Trade and Other Receivables Other Current Assets Inventories Total Current Assets 6 7 8 9 Non-Current Assets Cash on Deposit Property, Plant & Equipment Development Work in Progress Total Non-Current Assets 10 11 Total Assets Current Liabilities Trade and Other Payables Prepaid Income Provisions Total Current Liabilities 12 13 14 Non-Current Liabilities Commercial Loan Provisions Total Non-Current Liabilities 14 Total Liabilities Net Assets Equity Retained Earnings Reserves Total Equity 15 2015 $ 562,305 738,175 466,101 77,715 1,844,296 2,058,952 2,111,419 832,689 75,410 5,078,470 12,272 15,126,033 625,426 15,763,730 11,811 14,085,084 1,062,438 15,159,333 17,608,027 20,237,803 952,558 727,844 380,982 2,061,384 1,740,240 2,232,014 429,559 4,401,813 29,977 49,083 79,059 76,399 76,399 2,140,444 4,478,212 15,467,583 15,759,591 3,132,713 12,334,870 15,467,583 3,424,721 12,334,870 15,759,591 The accompanying notes form an integral part of these accounts Page 2 of 14 Page 14 Gloucester Park Harness Racing WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Statement of Comprehensive Income INCOME STATEMENT OF COMPREHENSIVE FOR THE YEAR ENDED 31 JULY 2016 FOR THE YEAR ENDED 31 JULY 2016 Revenue 2016 $ Operating Activities RWWA Distributions Hospitality Income Wagering Income Sponsorship Rent & Parking Income Admissions Other Revenue Membership Catering Commission Total Operating Activites Non-Operating Activities Property Rental Income Interest Received Total Non-Operating Activities Total Revenue 2015 $ 22,226,541 2,981,263 1,414,661 810,461 600,779 206,174 199,863 90,766 28,530,508 17,068,407 295,260 1,681,843 434,260 671,790 211,875 116,895 65,622 425,856 20,971,810 414,160 25,617 439,777 422,913 65,945 488,858 28,970,285 21,460,668 17,219,976 2,717,989 759,786 2,644,621 1,893,375 1,728,738 1,115,361 1,114,440 4,595 29,198,881 14,334,106 449,096 935,342 2,188,988 1,636,135 1,663,221 762,252 725,857 22,694,997 63,413 63,413 30,818 30,818 29,262,293 22,725,815 (292,008) (1,265,147) Expenditure Operating Activities RWWA Stakes & Subsidies Hospitality Expenses Wagering Expenses Race Meet Expenses Grounds Expenses Administration Expenses Marketing Expenses Depreciation Impairment of Property, Plant & Equiment Total Operating Activites Non-Operating Activities Property Rental Expenses Total Non-Operating Activities Total Expenditure Profit/(Loss) For The Year The accompanying notes form an integral part of these accounts Page 3 of 14 Annual Report and Accounts 2015-16 Financial Year Page 15 WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Statement of Retained STATEMENT Earnings OF RETAINED EARNINGS FOR THE YEAR ENDED 31 JULY 2016 FOR THE YEAR ENDED 31 JULY 2016 2016 2015 3,424,721 (292,008) 3,132,713 3,132,713 Retained Earnings 1 Aug 2015 Surplus/(Deficit) for the Year Less Transfer to capital profit reserve 4,689,868 (1,265,147) 3,424,721 3,424,721 The accompanying notes form an integral part of these accounts WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS Statement of Changes in Equity GLOUCESTER PARK HARNESS RACING FOR THE YEAR 31INJULY 2016 STATEMENT OFENDED CHANGES EQUITY FOR THE YEAR ENDED 31 JULY 2016 Accumulated Surplus At 31 July 2014 Capital Profit Reserve 4,689,868 Total Comprehensive Income for the Year (1,265,147) At 31 July 2015 3,424,721 Total Comprehensive Income for the Year (292,008) At 31 July 2016 3,132,713 Revaluation Reserves 11,471,009 Total 863,862 - - 11,471,009 863,862 - - 11,471,009 863,862 17,024,738 (1,265,147) 15,759,591 (292,008) 15,467,583 The accompanying notes form an integral part of these accounts Page 1 of 14 Page 16 Gloucester Park Harness Racing WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Statement of Cash FlowsSTATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2016 FOR THE YEAR ENDED 31 JULY 2016 Statement of Cash Flows 2016 $ Cash Flows from Operating Activities 2015 $ Receipts from RWWA Distribution Receipts from Customers Payments for Stakes & Subsidies Payments to Suppliers and Employees Interest Received Borrowing Costs 20,618,719 6,796,001 (17,135,955) (11,712,400) 25,617 (7,485) 21,294,456 (21,294,408) 65,945 (6,126) Net Cash Provided by Operating Activities (1,415,503) 59,867 1,607,821 (1,722,973) 8,541 (1,075,696) (115,152) (1,067,155) Cash Flows from Investing Activities RWWA Capital Grants Received Purchases of Property, Plant & Equipment Net Cash Provided by Investing Activities Cash Flows from Financing Activities Receipts from Financing Activities Payment of Financing Liabilities 41,434 (6,968) - Net Cash Used in Financing Activities 34,466 - Net Increase/Decrease in Cash Held Cash at the Beginning of the Year Cash at the End of the Year (1,496,188) (1,007,288) 2,070,764 3,078,052 574,577 2,070,764 The accompanying notes form an integral part of these accounts Reconciliation of Cash Flows from Operating 2016 $ (292,008) 1,114,440 (1,607,821) 105 1,373,244 366,588 (2,305) (787,682) (1,504,170) (75,893) (1,415,503) Operating Surplus/Deficit Depreciation & Amortisation RWWA Capital Grants Other Non Cash Items (Increase)/Decrease in Accounts Receivable (Increase)/Decrease in Prepaid Expenses (Increase)/Decrease in Stock on Hand Increase/(Decrease) in Accounts Payable Increase/(Decrease) in Prepaid Income Increase/(Decrease) in Provisions 2015 $ (1,265,147) 725,857 (69,535) (1,956,805) (400,241) (75,410) 1,034,744 2,012,021 37,385 42,869 Page 5 of 14 Annual Report and Accounts 2015-16 Financial Year Page 17 WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes to and forming part of the Financial Statements Notes to and forming part of the Financial Statements for the year ended 31 July 2016 FOR THE YEAR ENDED 31 JULY 2016 1 CONTINUING EVENTS The Committee is of the opinion that it is appropriate to prepare the accounts of Gloucester Park Harness Racing on the going concern basis. 2 ACCOUNTING POLICIES The financial report is a general-purpose financial report, which has been prepared in accordance with the requirements of the applicable Australian Accounting Standards and other mandatory reporting requirements. Accounting policies adopted in preparation of these accounts are consistent with those of the previous year. Significant policies are as follows: (a) Basis of Accounting The accounts have been prepared on the basis of historical cost and except where stated do not take into account current valuations of non-current assets. Cost is based on the fair values of the consideration given in exchange for assets. Gloucester Park Harness Racing has not adopted a policy of revaluing its non-current assets on a regular basis. Non-current assets are revalued from time to time as considered appropriate by the Committee and are not stated at amounts in excess of their recoverable amounts. The accounts have been prepared on an accrual basis with the following exceptions: (1) Capital Grants are brought to account as income when received. The financial report is presented in Australian dollars and all values are rounded to the nearest one dollar. (b) Statement of Compliance The financial report complies with Australian Accounting Standards. (c) Revenue Recognition Except as stated above revenue is recognised when the amount of revenue can be measured reliably and it is probable that it will be received. (d) Inventory Inventory is valued using the FIFO method and the end of month stocktake is revalued at the last replacement cost. Page 6 of 14 Page 18 Gloucester Park Harness Racing WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes to and forming part of the Financial Statements Notes to and forming part of the Financial Statements for the year ended 31 July 2016 FOR THE YEAR ENDED 31 JULY 2016 (e) Depreciation of property, plant and equipment Property, plant and equipment, other than freehold land, are depreciated at rates calculated to allocate the cost or valuation less estimated residual value at the end of the useful lives of the assets, over their estimated useful lives using the diminishing value method. Depreciation rates used are as per the ATO guidelines. Profits and losses on disposal of property, plant and equipment are taken into account in determining the surplus for the year. Impairment The carrying values of plant and equipment are reviewed when events or changes in circumstances indicate the carrying value may not be recoverable. This will be declared when the impairment is realised. (f) Employee entitlements Provisions are made for employee entitlement benefits accumulated as a result of employees rendering services up to the reporting date. These benefits include wages and salaries, superannuation, payroll tax, annual leave and long service leave. All employee entitlements are measured at their nominal amounts. Employee entitlement expenses and revenues arising in respect of wages and salaries, non-monetary benefits, annual leave, long service leave, and other entitlements are charged against the surplus of their respective categories. (g) Cash flows For the purpose of the statement of cash flows, cash includes cash on hand, deposits held at call with banks and investments in money market instruments, net of bank overdrafts. (h) Comparative figures Where necessary, comparative figures have been adjusted to conform with changes in presentation in the current year. (i) Income Tax Gloucester Park Harness Racing is exempt from paying income tax under the Income Tax Assessment Act 1997. (j) Financial risk management and policies Gloucester Park Harness Racing’s principal financial instruments comprise cash, trade debtors, bank deposits, bills of exchange, bank loans, trade creditors and overdrafts. Trade debtors are initially recorded at the amount specified on the contract of sale or tax invoice. Provision for doubtful debts is recognised to the extent that recovery of the outstanding receivable balance is less than likely. Any provision established is based on a review of all outstanding amounts at the reporting date. A specific provision is maintained for identified doubtful debts. Gloucester Park Harness Racing manages its exposure to key financial risks, including interest rates and the provision of credit in accordance with its financial risk policy, the objective of which is to protect financial security. Page 7 of 14 Annual Report and Accounts 2015-16 Financial Year Page 19 WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes to and forming part of the Financial Statements Notes to and forming part of the Financial Statements for the year ended 31 July 2016 FOR THE YEAR ENDED 31 JULY 2016 Ageing analysis and monitoring of specific credit allowances are undertaken to manage credit risk. Liquidity risk is monitored through cash flow forecasts and analysis. Note that within these financial statements, the carrying amounts of assets and liabilities are not materially different from their expected fair values. (k) Receivables Trade and other receivables are recorded at amounts due less any provision for doubtful debts. At 31 July, the ageing analysis of receivables is as follows: (l) Payables Trade and other payables are recognised when Gloucester Park Harness Racing becomes obliged to make future payments resulting from the purchase of goods and services. Trade payables at 31st July 2016 total $689,481. All those that are due were paid by 31st August 2016. (m) Borrowings Bank and other loans are recorded at an amount equal to the net proceeds received. Interest expense is recognised on an accrual basis. (n) Other Taxes Revenues, expenses and assets are recognised net of GST except: • · Where the the GSTGST incurred on on a purchase ofofgoods the taxation taxation authority, authority, in in Where incurred a purchase goodsand andservices servicesisisnot not recoverable recoverable from from the which case thethe GST is is recognised asaspart of the the expense expense item item as which case GST recognised partofofthe thecost costofofacquisition acquisitionofofthe theasset asset or or as as part part of applicable; and as applicable; and · • Receivables payables are stated the amount of GST included. Receivables andand payables are stated withwith the amount of GST included. The net GST recoverable from, or payable to, the taxation authority is included as part of receivables or payables in the statement of financial position. Cash flows are included in the Statement of Cash Flows on a gross basis and the GST component of cash flows arising from investing and financing activities, which is recoverable from, or payable to, the taxation authority are classified as operating cash flows. Commitments and contingencies are disclosed net of GST recoverable from, or payable to, the taxation authority. Page 8 of 14 Page 20 Gloucester Park Harness Racing WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes to and forming part of the Financial Statements Notes to and forming part of the Financial Statements for the year ended 31 July 2016 FOR THE YEAR ENDED 31 JULY 2016 (o) Redevelopment Costs Costs relating to planning or engineering for the possible future development of Gloucester Park are capitalised as Redevelopment Asset. 3 CONTINGENCIES At 31st July, 2016, Gloucester Park Harness Racing has contingent liabilities arising from guarantees given in support of the following commitments:(a) Trotsynd Pty Ltd Gloucester Park Harness Racing has given a guarantee and indemnity to the Commonwealth Bank of Australia Ltd against the Trotsynd Pty Ltd performance bond of $10,000. 4 SECURED LIABILITIES The bank bill and overdraft facilities are secured by registered mortgages over the Gloucester Park Complex. 5 BANK FACILITIES - ST GEORGE BANK LIMITED Under the terms of this borrowing Gloucester Park Harness Racing has an optional overdraft facility of $200,000. At 31 July 2016, these facilities are not being utilised and there are no other borrowings. 6 CASH AND CASH RESERVES Cash at Bank Cash on Site Cash in Transit Total Cash and Cash Reserves 7 TRADE AND OTHER RECEIVABLES Trade Receivables Deduct Provision for Doubtful Debts Total Trade and Other Receivables 8 OTHER CURRENT ASSETS Prepaid Expenses Other Current Assets Total Other Current Assets 2016 $ 473,276 39,882 49,147 562,305 2015 $ 1,928,973 112,980 16,998 2,058,952 2016 $ 738,175 738,175 2015 $ 2,111,419 2,111,419 2016 $ 222,471 243,630 466,101 2015 $ 409,482 423,207 440,205 849,687 832,689 Page 9 of 14 Annual Report and Accounts 2015-16 Financial Year Page 21 WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes to and forming part of the Financial Statements Notes to and forming part of the Financial Statements for the year ended 31 July 2016 FOR THE YEAR ENDED 31 JULY 2016 9 INVENTORIES Food at Cost Beverages at Cost Total Inventories 10 PROPERTY PLANT AND EQUIPMENT Land and Improvements Land and Improvements Accumulated Depreciation Total Land and Improvements 2016 $ 26,940 50,775 77,715 2015 $ 9,452 65,959 75,410 2016 $ 2015 $ 6,082,520 (829,936) 5,252,584 6,082,520 (779,897) 5,302,623 Buildings Buildings Accumulated Depreciation Total Buildings 14,842,412 (7,492,925) 7,349,487 13,643,009 (6,982,298) 6,660,711 Plant & Equipment Plant & Equipment Accumulated Depreciation Total Plant & Equipment 5,758,626 (3,733,180) 2,025,446 5,535,184 (3,583,392) 1,951,793 628,932 (219,402) 409,530 172,689 (21,122) 151,567 153,650 (64,665) 88,985 19,154 (763) 18,390 15,126,033 14,085,083 Hospitality Plant & Equipment Hospitality Plant & Equipment Accumulated Depreciation Total Hospitality Plant & Equipment Motor Vehicles Motor Vehicles at Cost Accumulated Depreciation Total Motor Vehicles Total Property Plant & Equipment 11 DEVELOPMENT WORK IN PROGRESS Capital Work in Progress Redevelopment Cost Total Development Work In Progress 12 TRADE AND OTHER PAYABLES Trade Payables Accrued Expenses Other Payables Total Trade and Other Payables 2016 $ 625,426 625,426 2015 $ 437,012 625,426 1,062,438 2016 $ 689,481 26,139 236,938 952,558 2015 $ 1,476,653 57,273 206,314 1,740,240 Page 10 of 14 Page 22 Gloucester Park Harness Racing WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes forming to and forming part of theof Financial for the year ended 31 July 2016 Notes to and part theStatements Financial Statements FOR THE YEAR ENDED 31 JULY 2016 13 PREPAID INCOME Prepaid Membership Prepaid Sponsorship Other Prepaid Income Total Prepaid Income 14 PROVISIONS Current Annual Leave Long Service Leave Total Current Provisions Non Current Long Service Leave Total Non Current Provisions 15 RESERVES 2016 $ 25,300 180,417 522,128 727,844 2015 $ 37,569 245,792 1,948,653 2,232,014 2016 $ 2015 $ 201,602 179,380 380,982 214,625 214,934 429,559 49,083 49,083 76,399 76,399 2016 $ 863,862 11,471,009 12,334,870 Asset Revaluation Reserve Capital Profit Reserve Total Reserves 2015 $ 863,862 11,471,009 12,334,870 16 OPERATIONAL SEGMENT INFORMATION Gloucester Park Harness Racing operates predominantly in one industry and one geographical segment being the harness racing industry in Western Australia. Gloucester Park Harness Racing's largest source of operational income for the year is from RWWA at 83% (2015: 89%). 17 MEETINGS There were 53 prime and 42 mid-week meetings conducted during the year ended 31 July 2016. 18 RELATED PARTY INFORMATION Gloucester Park Harness Racing has business dealings with Brear & Doonan Pty Ltd in which Committeeman Vice President, Mr L Kennedy. Mr R R Pettigrew Pettigrew,has hasan aninterest, interest,and andBrook BrookPark ParkBloom Bloom–-Garland Garlandwhich whichisisowned ownedby byCommitteeman Mr L Kennedy. Mr All transactions All transactions between the partiesunder are conducted under normal business conditionsmarket at commercial market rates. between the parties are conducted normal business conditions at commercial rates. Expenditure Expenditure incurred during the year to Brear & Doonan amounted to $140,853 (2015: $236,773), and Brook Park incurred during the year to Brear & Doonan amounted to $140,853 (2015: $236,773), and Brook Park Bloom - Garland Bloom - Garland amounted to $7,645 (2015: $2,990). amounted to $7,645 (2015: $2,990). Page 11 of 14 Annual Report and Accounts 2015-16 Financial Year Page 23 WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes to and forming part of the Financial Statements Notes to and forming part of the Financial Statements for the year ended 31 July 2016 FOR THE YEAR ENDED 31 JULY 2016 2016 $ 17,281 248 17,528 Outstanding amounts due to associated entities at 31st July were: Brear & Doonan Pty Ltd Brook Park Bloom - Garland 2015 $ 10,341 10,341 Committee members who held office during the year are listed below: President Mr J Burt Senior Vice President Mr K Jeavons Vice President Mr G Monaco Committee Mr M Grubisa Mr L Kennedy Mr A Parker Mr J Schaper Mr G Scott Mr R Pettigrew Committee members do not receive any remuneration. 19 FINANCIAL INSTRUMENTS (a) SIGNIFICANT ACCOUNTING POLICIES Details of the significant accounting policies and methods adopted, including the criteria for recognition, the basis of measurement and the basis on which revenues and expenses are recognised, in respect of each class of financial asset, financial liability and equity instruments are disclosed in Note 1 to the accounts. (b) CREDIT RISK Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to Gloucester Park Harness Racing. Gloucester Park Harness Racing has adopted the policy of only dealing with creditworthy counterparties and obtaining significant collateral or other security where appropriate, as means of mitigating the risk of financial loss from defaults. Gloucester Park Harness Racing measures credit risk on a fair value basis. Gloucester Park Harness Racing does not have any significant credit risk exposure to any single counterparty or any group of counterparties having similar characteristics. The carrying amount of financial assets recorded in the financial statements, net of any provisions for losses, represents Gloucester Park Harness Racing's maximum exposure to credit risk without taking account of the value of any collateral or other security obtained. Page 12 of 14 Page 24 Gloucester Park Harness Racing WESTERN AUSTRALIAN TROTTING ASSOCIATION TRADING AS GLOUCESTER PARK HARNESS RACING Notes to and forming part of the Financial Statements Notes to and forming part of the Financial Statements for the year ended 31 July 2016 FOR THE YEAR ENDED 31 JULY 2016 (c) NET FAIR VALUE The carrying value of financial assets and financial liabilities recorded in the financial statements represents their fair values, determined in accordance with the accounting policies disclosed in Note 1 to the accounts. (d) INTEREST RATE RISK The interest rates earned / paid during the period are as follows: Bank overdraft - variable rate 6.7% - 7.7% Cash at bank - variable rate 0.01% - 1% Cash on deposit - variable rate 1.05% Term deposits - variable rate 2.0% - 2.9% 2016 $ 432,935 40,341 12,272 485,547 2015 $ 64,122 32,359 1,844,304 1,940,784 There are no other financial assets or liabilities that are exposed to interest rate risk as they are not interest bearing. 20 SUBSEQUENT EVENTS The committee are not aware of any other matter or circumstance not otherwise dealt with in the financial report that has significantly or may significantly affect the operations of Gloucester Park Harness Racing, the results of those operations or the state of affairs of Gloucester Park Harness Racing in subsequent financial years. 21 AUDITORS REMUNERATION 2016 $ Amounts received or due and receivable by William Buck for: An audit or review of the financial report of Gloucester Park Harness Racing Other services in relation to Gloucester Park Harness Racing 2015 $ 15,950 15,950 16,500 16,500 22 REDEVELOPMENT ASSET Redevelopment refers to geotechnical, heritage, environmental and planning reports completed from 2006 to present in relation to the anticipated redevelopment of Gloucester Park. If and when a tender process is undertaken for the redevelopment of Gloucester Park, these reports can be accessed. It is anticipated that the cost of such reports would be likely to increase, and hence they are not depreciated. 23 DEFINITION OF RACING AND WAGERING WA (RWWA) RWWA was formed under the Racing & Wagering WA Act 2003 and assumed the controlling body functions over Western Australia’s three racing codes in addition to the WA off course totalisator gambling functions. 24 CONTINGENT LIABILITY In the event that Gloucester Park Harness Racing decides to proceed with any development of the land at Gloucester Park, a payable may arise to the Riverside Development Contribution Plan at the rate of $220 per square metre, up to a maximum amount of $14.77 million. Negotiations are still ongoing. Page 13 of 14 Annual Report and Accounts 2015-16 Financial Year Page 25 Statement by President and Chief Executive Officer STATEMENT BY PRESIDENT AND CHIEF EXECUTIVE OFFICER We, John Patrick Burt and Michael Terence Radley, being President and Chief Executive Officer respectively, of Gloucester Park Harness Racing, hereby state that; (a) the accompanying statement of financial position, statement of accumulated surplus, statement of changes in equity, statement of comprehensive income and statement of cash flows have been properly drawn up so as to give a true and fair view of affairs of Gloucester Park Harness Racing at 31st July 2016, and of the results for the year ended on that date; (b) at the date of this statement there are reasonable grounds to believe that Gloucester Park Harness Racing will be able to pay its debts as and when they fall due; and (c) the accompanying statements have been made out in accordance with applicable accounting standards and other mandatory reporting requirements. Perth: Tuesday, 20 September 2016 For and on behalf of the Committee J.P. Burt, President M.T. Radley, Chief Executive Officer Page 26 Page 1 of 2 Gloucester Park Harness Racing Auditor’s Report Annual Report and Accounts 2015-16 Financial Year Page 27 Auditor’s Report Page 28 Gloucester Park Harness Racing Life Members W BELL * 1934 J V FERGUSON * 1956 W E TOOTEL * J P BUTLER Snr * 1935 G A BOOTH * 1957 R BURNS * T W CATLOW * 1935 F E GIBSON (MLC) * 1957 A H MURRAY * W CLARKE * 1937 W H KITSON (MLC) * 1958 J CARNAGHAM # V CLEMENS * 1937 J B SLEEMAN (MLA) * 1958 L W SHEARER * W CONROY * 1938 J NOONAN * 1958 D SKIPPEN # H M EDWARDS * 1939 A TODD * 1958 H G TOWNSEND * S W EDWARDS * 1940 T A BURNS 1959 A G H ANDERSON # E D FAHEY * 1940 W J SEALY * 1959 J SAYERS # W FOY * 1940 J P STRATTON* 1960 T AHERN # R D HIGGS * 1941 T W BRIMAGE * 1960 G EVANS * M HORNE * 1941 R POTTS * 1960 G T ROWLANDS # HON W D JOHNSON * 1942 R N PERCIVAL * 1961 H J A BARNARD * J KYLE * 1945 M J H PORTER MBE * 1961 L S DALE # F A LAUNDER * 1947 J DUNCAN * 1962 H M DUNCAN * P MANSFIELD * 1948 H A DOUST * 1962 A S McDONALD # A MAYOR * 1948 A E SUTHERLAND * 1963 W F NEVARD * P MENZIES * 1949 J BRIDGER * 1963 P G CLARKE # W H PERRY * 1949 J CAMM * 1964 Wm E MACK * T W SIMPSON * 1949 J F JAMIESON * 1964 H E QUICK * J J SIMONS * 1949 G TROWBRIDGE * 1964 W D SCOTT * T G SLOAN * 1950 W DOW 1965 W F JOHNSON * S STUBBS * 1950 W GLOVER 1965 A D T ROBERTSON * E A WADDINGHAM * 1950 C H NICHOLAS * 1966 A H SILVERMAN # G F J WALKER * 1950 R N PERCIVAL * 1966 H H RICHTER * A WALLDER * 1951 G E JOHNSTON * 1967 J P BUTLER Jnr * C E J WILKINSON * 1951 H PEARCE # 1967 R C CLARKSON # F W WRIGHT * 1952 G GENT * 1967 W J GOBBY * J WYNNE * 1952 R WALL * 1967 C H PERCIVAL # 1931 J P STRATTON Snr * 1952 F WHITMAN * 1967 F J TOWNSEND * 1932 J BRENNAN * 1953 W H HOPKINS # 1968 H J BAKER # 1932 T BUCKNELL * 1953 F W SMITH * 1968 F J BRIGGS * 1932 F J CRITCH * 1954 F D BEAMES * 1968 E J CHAPMAN 1932 A A DOWDEN * 1954 F M O’HEHIR # 1968 O T HUTCHINSON # 1932 J M FARRELL * 1954 H PUGH * 1969 Sir FRANK LEDGER * 1932 H A W JONES * 1954 G E SMITH * 1969 G MALONEY * 1932 J C SKULL * 1954 A F SHEEDY * 1969 R E RENNIE * 1932 G D STOTTER * 1955 T E DIVER * 1970 J F ANDERSON * 1932 J D WILLIS * 1955 R DOUGLAS # 1970 T HUNDY * 1932 W H FARRELL * 1955 J J FARRELL * 1970 A J MOYLAN * 1933 L F ATKINS * 1955 T SMITH * 1970 T NEWBOLD * 1933 F W MARTIN * 1956 J ROBSON # 1970 G E MAWLEY Annual Report and Accounts 2015-16 Financial Year Page 29 Life Members 1970 R K REID * 1983 E N FISHER * 1995 G G WALLIS 1971 R W PORTER * 1983 N J W HARVEY * 1996 G W BROWN * 1971 J SULLIVAN * 1984 B DONOHOE * 1996 R L FOWLER 1971 R E TREASURE * 1984 J SNOOKS 1997 L R COWARD * 1971 R WEIR * 1985 C M HODGSON * 1997 R J HOLLOWAY* 1972 C A BREAR * 1985 DR E W KYLE # 1997 G R WEIR 1972 E W PERRY * 1985 J H SCHRADER * 1998 S A BARKER * 1973 S K ANDREWS * 1985 A F WEST * 1998 A G CHARLESON * 1973 W J GRANLAND * 1986 R H BINGEMANN * 1998 R A McDONALD 1973 J M LEAHY OAM 1986 F X HARROLD * 1999 G MONACO 1974 J J SHEPHERD * 1987 I H DORMAN * 2000 F J DOY * 1974 E MARSDEN # 1987 F R KERSLEY 2000 J P IEMMA 1975 C R LILLEYMAN * 1987 L H POYSER * 2000 G W TILLER * 1975 A O TROTT * 1988 N R S MARTIN * 2001 R F KLENK 1975 G MALONEY * 1989 K A DOY * 2001 M N F GRUBISA 1976 E A CRAWFORD * 1989 W R STEER * 2001 C MARTIN * 1976 A F MOLLETT * 1990 H R CLEGGETT * 2001 J W LEAHY * 1977 J S COLEMAN * 1990 K M GARDINER * 2004 F C E REID * 1977 H A DOONAN * 1990 F M LAYCOCK 2004 K TILBROOK * 1977 S A HAWKINS * 1990 D F LINDAU * 2005 W D DUFFY 1977 E W LONGSON * 1990 R PREWETT * 2005 L M GREEN 1977 A J MOYLAN * 1991 DR P CRANLEY * 2005 A M STAMPALIA 1978 J J F BRINDLEY * 1991 M LOMBARDO OAM 2006 D PARR 1978 J J DEANE * 1991 G PAPADOPOULOS 2007 R (RON) A JONES 1978 R GALLOP * 1992 V PITSONIS * 2007 R PETTIGREW 1978 T W THOMPSON * 1992 D FELTON * 2007 F PLACANICA 1979 M DUFFY * 1992 M C JAMES 2007 G R SCOTT 1979 L M PORTER* 1992 A DA RE 2008 G R COMPSON 1979 W J SOMERS * 1992 C R PYE 2008 G E STOBBS 1979 A G WILLIAMS * 1993 A S BARKER * 2009 L G KENNEDY 1980 J P STRATTON Jnr * 1993 P L BENNINGTON 2010 A T MARSHALL * 1980 DR W W BRADSHAW 1993 F F CRAWFORD * 2012 J P BURT 1981 DR E C MANEA AO * 1993 DR E I SIMPSON * 2012 K J JEAVONS 1981 K R TILLEY * 1994 M O HUMPHRIES * 2012 V WOVODICH * 1982 R E TREASURE * 1994 C N RIFICI * 2013 R L BOVELL 1982 C H SKIPPER * 1994 C SPRY * 2014 S R ENNIS 1982 H J SQUIRE * 1995 R A ADAM * 2015 T A PARKER 1983 L BALDWIN * 1995 R (BOB) A JONES * 1983 R J DAVIES 1995 J C SCHAPER *deceased #believed to be deceased GPHR believes this list to be accurate, however, if you are in possession of information which will enable us to bring it further up to date please contact GPHR Membership Secretary Amanda Thomas at Gloucester Park, telephone 9323 3555. Page 30 Gloucester Park Harness Racing Thanks to our Sponsors Gloucester Park Harness Racing would like to acknowledge and thank the following organisations for their support and sponsorship of Gloucester Park SM S B AL D D B A SS O EL LGOO $1.8 MILLION SERIES | $1.1 MILLION FINAL HARNESS THE RHYTHYM PERTHINTERDOMINION.COM.AU #HARNESSTHERHYTHYM OPENING NIGHT FRI NOV 25TH Gloucester Park | 3 x Inter Dominion Heats | Darren Reid Live HEAT NIGHT 2 TUE NOV 29TH Donaldson Park Bunbury | 3 x Inter Dominion Heats HE HEAT NGIHT 3 FRI DEC 2ND Gloucester Park | 3 x Inter Dominon Heats | Italian Fireworks Night GRAND FINAL FRI DEC 9TH Gloucester Park | 4 x Group Ones | $1.1 Million Final | Proof Live ONLY ON TABtouch SuperPick The power to choose your special. Pick your race. Pick your runner. Pick your special. Once a day on any Australian race. Available online only. Fixed Odds ‘Singles’ bets only. Excludes NSW residents. See TABtouch.com.au for full Terms & Conditions. Gamble responsibly. 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