CA Annual Report FY25 Hres

Page 1


YOUTUBE DIAMOND CREATOR AWARD

Only sporting organisation in Australia to have achieved 10M subscribers.

400TH TEST WICKET

Mitchell Starc became the second Australian fast bowler to take 400 Test wickets.

DOUBLE CENTURY

Annabel Sutherland scored 210 runs at the WACA against South Africa.

BORDER-GAVASKAR TROPHY

373,691 attended the NRMA Insurance Boxing Day Test, the most for any Test match in Australia.

Most-watched Test series on Foxtel and 7 since acquiring the rights.

Record 3.2M users on our digital platforms for a single-day session.

10,000 RUNS

Steve Smith became the fourth Australian to reach the milestone.

WOMEN’S ASHES

87% more people watched the Women’s Ashes than in 2021-22.

MCGRATH

FOUNDATION

$9,053,360 raised.

BIG BASH

Largest KFC BBL Crowd at the Gabba since 2008.

103,232 registered participants from SouthAsian backgrounds – achieving goal of 100,000 participants two years early.

WOMEN’S BIG BASH

A 46% increase in average audiences per game across Seven, Foxtel, 7plus and Kayo Sports.

We are pleased to report on a year when cricket truly brought people together across Australia.

Last summer, the NRMA Insurance Border-Gavaskar Trophy, the Women’s Ashes, Big Bash Leagues and white ball internationals filled stadiums, kept millions of fans across the world glued to screens and dominated national conversation.

Cricket’s place as Australia’s national sport was clear, underpinned by a strong, ongoing focus on producing inspirational players and teams and creating brilliant experiences for fans in our stadiums and on our digital platforms.

We have attracted more registered participants, especially children aged 5-12 and players from South Asian communities, and we continue to unlock new commercial opportunities as the game grows.

We have continued to use our position in world cricket to advocate for and protect the game’s heritage, especially Test cricket, and ensure that Australia’s voice is heard on the challenges and opportunities created by the proliferation of franchise T20 cricket. We are working collaboratively across Australian Cricket as we continue to grow the game through this period of change to the benefit of all participants, fans and partners.

INSPIRATIONAL PLAYERS AND TEAMS

Australian Cricket’s global reputation is significantly enhanced by our continued ability to produce world-class players and successful teams.

Australia’s 3-1 victory in the Border-Gavaskar Trophy series was testament to Pat Cummins’ team’s skill and resilience. Congratulations to Steve Smith (10,000 Test runs), Mitchell Starc (400 Test wickets) and Pat Cummins (300 Test wickets). The Australian men’s team’s long-term success was highlighted by the display of every bilateral series trophy at the MCG in January.

Alyssa Healy’s Australian team made history with a 16-0 whitewash in the multiformat Women’s Ashes. The series culminated with a historic first Day-Night Test at the MCG, marking the 90 th Anniversary of the first women’s Test Series. It was particularly pleasing to see Annabel Sutherland, Alana King and Beth Mooney’s names added to the MCG’s honour board as the strong investment in women and girls’ cricket continues to yield positive results.

Our domestic competitions and pathways continue to provide a world-leading nursery for player talent with the elite level of competition exemplified by South Australia’s much celebrated drought-breaking Sheffield Shield victory.

The National Indigenous Championships, the Australian men’s team’s victory in the Blind Ashes, the men’s National and Deaf and Hard of Hearing team’s tour of India and the National Inclusion Championships helped broaden participation opportunities for many Australians.

BRILLIANT EXPERIENCES

Records were set at every venue for the Border-Gavaskar Trophy as more than 2M fans attended cricket matches.

This included the 74,362 fans who attended the decisive fifth day of the NRMA Insurance Boxing Day Test, with the total match attendance of 373,691 breaking the Boxing Day Test record.

This interest was reflected in broadcast. Of the 17 sports events in 2024 that attracted an average audience of more than 2M viewers, 10 involved cricket.

The Big Bash Leagues continue their upward growth trajectories. The Hobart Hurricanes’ victory in the KFC BBL final played before a sold-out Bellerive Oval crowd, and with viewing audience of 1.64M, was a fitting conclusion to a season where the league’s world class entertainment was again on show. The competitive nature of the WBBL was exemplified by the Melbourne Renegades going from last place in 2023 to winners in 2024.

PARTICIPATION GROWTH

Registered participation in cricket grew to 669,642, with a 6% increase in women and girls’ registrations.

OUR FINANCIAL PERFORMANCE

Surplus from Operations for the year ended 30 June 2025 is $109.6M, an improvement of $21.4M on the previous year. The net deficit for the year ended 30 June 2025, after funding to members, is $11.3M, an improvement of $20.6M on the previous year.

The improved financial performance and net deficit were anticipated and largely driven by the delivery of a successful cricket season and record attendance at the Border-Gavaskar Trophy Series. Funding to members increased $0.8M compared to the prior year to $120.9M.

Strong growth was achieved in targeted areas such as children aged 5-12 and South-Asian participation. This followed a strategic investment in areas of participation that will have a sustained positive impact on cricket’s long-term future.

The goal of having 100,000 registered participants from South-Asian backgrounds was achieved two years ahead of the goal set in our Multicultural Action Plan. This demonstrated the enormous opportunity cricket has to connect with these growing communities.

CA closed the year with cash and deposits of $22.1M, and a further $70M in funding available through a renewed five-year secured banking facility. CA remains in the enhance phase of our five-year strategy which focuses on further growing the game and providing financial stability as it recovers from the impact of COVID.

Looking ahead, FY26 presents both the Ashes and high value Indian white ball content that will generate strong profit, while CA remains focussed on managing costs and driving revenue opportunities.

PURPOSE-LED PARTNERSHIPS

Our purpose-led partnerships are built on shared values and a commitment to delivering meaningful outcomes.

This included a new partnership with UNICEF Australia, anchored by the ‘Until Every Girl Can Play’ campaign, while our partnership with the Shane Warne Legacy continued to drive awareness for heart health during the NRMA Insurance Boxing Day Test and the McGrath Foundation’s Sydney Pink Test again set the standard for sports charity activations globally.

CA’s contribution to the organisation of a match between an Afghanistan Women’s XI and a Cricket Without Borders XI created a strong focus on efforts to support members of the Afghanistan women’s team now resident in Australia.

CRICKET’S BIGGEST SEASON

Early ticket sales indicate the 202526 international season – featuring the India white ball tour, The Ashes and the women’s multiformat series against India – will be the most watched in history.

Together with the Big Bash Leagues, this will provide an enormous opportunity to promote cricket to new fans and participants and demonstrate the game’s commercial value.

We continue to work closely with our state and territories, our broadcaster partners Fox and Seven, our new Principal Partner Westpac, with whom we signed our biggest ever commercial partnership, Platinum Partners NRMA Insurance, KFC and Toyota and all our Gold and Silver partners.

THANK YOU

Maintaining the prosperity of Australian Cricket is dependent on the hard work and collaboration of those working in the interests of the game including State and Territory Associations, the Australian Cricketers’ Association, local associations and community clubs.

We thank former CEO Nick Hockley who navigated the unprecedented challenge of the pandemic and delivered a period of significant growth and prosperity for our game. We also thank all players, officials, volunteers, administrators, employees, and commercial, media, government and charity partners who have played an instrumental role in keeping cricket at the heart of Australian communities.

Australian Cricket is now in the fourth year of our five-year strategic plan and commencing the exciting ‘Thrive’ Phase of Where the Game Grows.

The third and final phase is focused on taking the game to new heights at home and abroad, with a thriving Australian Cricket system operating at its full potential. This requires bold thinking and action to drive new growth in all areas of the sport.

Throughout the year, strategic decisions taken laid the groundwork to succeed in the final years of the strategic plan, with the following key highlights demonstrating the successes achieved on and off the field.

Australia’s women’s team’s record-breaking Ashes summer saw the first ever 16-0 whitewash in a multiformat series against England, as well as huge crowds across the series, culminating in the world record attendance for a women’s Test match in the first women’s Test held at the MCG since 1949 and first day-night Test at the venue.

Australia’s men’s Test team triumphed over India as more attendance records fell, with the series ensuring Australia held every available bilateral Test series trophy at the same time.

Launched our Stretch Reconciliation Action Plan.

Continued focus on fan experience led to new innovations and activations at matches, in conjunction with our valued venue partners, resulted in the highest ever average fan Net Promoter Score across the summer, +54.

Launched the Spring Challenge as part of our revisions to optimise the WBBL, which also allowed us to increase the average women’s state player’s salary to over $163k a year, the highest of all women’s team

Released the first ever National Community Cricket Infrastructure Strategy, helping to direct almost $5.6M on 208 projects worth around $144M through the Australian Cricket Infrastructure Fund.

Launched Project Inspire to empower women in cricket leadership, a key initiative under our 10-year Women & Girls Action Plan, which aims to increase the presence and impact of women in leadership roles at all levels of the game.

Record multicultural participation in cricket, with 103k participants from South Asia last season, alongside a record 29k 5-12 year old girls playing the sport.

Further enhanced CA’s commercial program, with the addition of iconic Australian brand Aussie Broadband, and the continued long-term support of Qantas, Weber, KFC and Gatorade for Australia’s national sport.

The Big Bash continued to grow with a 7% increase in attendance from the previous year, and the new Big Bash app driving an 81% increase in digital sessions and growing social media following by 569k.

Australia opened its international season with a tour of Scotland and England, sweeping the three T20 Internationals in Edinburgh. The team then began the English leg by winning the deciding T20 match to draw that series 1-1.

Australia won the first two matches in the ODI series against England, who came back in the third and won the fourth match under DLS. The final match was abandoned due to rain; with Australia ahead on DLS they won the series 3-2.

Back at home Australia and Pakistan shared the first two ODIs in low scoring affairs to head to Perth with the series level. Pakistan won the final match.

Onto the much-anticipated Border-Gavaskar Trophy, where India defeated Australia in Perth before we took out the

Steve Smith reached 10,000 Test runs

Steve Smith became the highest scoring visiting batter (591) at Lord’s during the World Test Championships Final, surpassing Australian Warren Bardsley’s 575, and Sir Donald Bradman’s 551

win in Adelaide on the back of a century by Travis Head and an eight-wicket haul by Mitchell Starc.

Despite a rain affected draw in Brisbane, Australia won in Melbourne and Sydney to take back the Border-Gavaskar Trophy 3-1. Pat Cummins won the coveted Johnny Mullagh Medal in Melbourne and Scott Boland finished with player of the match in Sydney. The series victory meant Australia held every available bilateral Test series trophy.

To close out the World Test Championship cycle Australia headed to Sri Lanka. Led by Usman Khawaja (232), Steve Smith (141), Josh Inglis (102) and Matt

Kuhnemann (nine wickets) we dominated the opening Test.

Smith (131) scored back-to-back centuries in the second Test along with Alex Carey’s second Test century (156) as Australia again dominated, winning by nine wickets. Kuhnemann finished with 16 wickets for the series.

Swapping for ODIs Sri Lanka then hit back to win the ODI Series.

The WTC final against South Africa at Lord’s was bowler dominated including 6-28 by Pat Cummins before South Africa’s Aiden Markram (136) guided South Africa to victory.

Australia performed credibly in the return of the ICC Champions Trophy with a semi-final result.

Pat Cummins snared his 300th Test wicket and equalled Ritchie Benaud’s most Test five-wicket hauls as Captain

MARSH SHEFFIELD SHIELD

South Australia chased a record total (270) to win the 2024-25 Sheffield Shield, breaking a 29-year title drought. Brendan Doggett was named Player of the Match for taking the best ever match figures in a Shield Final (11-140).

MARSH ONE-DAY CUP

South Australia became the first team to lift the newly named Dean Jones Trophy, defeating Victoria at Adelaide Oval. After a match-winning bowling performance, Henry Thornton (4-27) was named the inaugural Michael Bevan Medalist.

During the year CA was delighted to extend Australian men’s team Head Coach Andrew McDonald’s contract through to the end of 2027.

Beth Mooney has now scored a century in each format of the game

The women’s international season began with Australia’s 3-0 series sweep of New Zealand after a six-wicket win in the final T20I in Brisbane, with an expert display from allrounder Ashleigh Gardner, who was named player of the series.

The team missed out on taking a historic fourth consecutive T20 World Cup title in the UAE, falling to South Africa in the semi-final in October.

A second series whitewash followed with Australia defeating India on home soil in December, which included a record-breaking innings of 105 (75) by Ellyse Perry, Georgia Voll’s maiden international century, and some

all-round Annabel Sutherland brilliance, which saw her named player of the series.

Our reigning One-Day International world champions retained the Rose Bowl, travelling to New Zealand for the ODI competition. The first match was washed out and Australia won the next two matches to continue their winning streak. Allrounder Annabel Sutherland was named player of the series.

In a successful and well-attended Women’s Ashes Series, Australia completed an historic clean sweep of the seven game multiformat series. This included a comprehensive innings and 122 run victory in the first DayNight Test to be played at MCG. Proudly celebrating the 90 th anniversary of the first women’s Test match in 1934-35, the Ashes was a celebration of the progress of women’s cricket, and Australian women’s cricket particularly.

Closing out the international season, Australia held off a fast-finishing New Zealand to seal a T20I sweep with a tense eight-run win in the series finale in Wellington.

2024-25 RESULTS

2024-25 DEBUTANTS

TEST, ODI AND T20I

MCG HONOUR BOARD

Individual brilliance from Annabel Sutherland (163), Beth Mooney (106) and Alana King (5-53) earned the trio a place on the MCG Honour Boards alongside Peggy Antonio; the only other female player to etch her name in history at the iconic venue.

T20 SPRING CHALLENGE

Hobart Hurricanes won the inaugural T20 Spring Challenge Final in October, defeating Brisbane Heat by five wickets in a thrilling final-ball run chase at Cricket Central in Sydney.

New South Wales wicket-keeper batter Tahlia Wilson was named the inaugural T20 Spring Challenge Player of the Tournament and the WNCL Player of the Year, following a stellar 2024-25 season.

WOMEN’S NATIONAL CRICKET LEAGUE (WNCL)

New South Wales Breakers defeated Queensland by 21 runs at Allan Border Field to win

Georgia Voll

KFC BBL|14 Final achieves second largest audience

Hobart Hurricanes were crowned champions for the first time after an epic KFC BBL|14 Final against Sydney Thunder, highlighted by Mitchell Owen’s unforgettable, record-equalling century from just 39 balls, contributing to the highest run chase in a BBL Final.

The KFC BBL|14 Final showcased thrilling cricket action and attracted record viewership nationwide, cementing the League’s status as the most-loved premier T20 competition in its window, with unforgettable moments and nationwide audience engagement.

There were plenty of highlights during the season. Glenn Maxwell amazed the crowd with a onehanded boundary line catch for the Melbourne Stars on New Year’s Day. Matt Short’s record-breaking century helped the Strikers defeat Brisbane at the Adelaide Oval. Steve Smith smashed a magical 121* from 64 balls to lead the Sydney Sixers to a 14-run victory over Perth. Sam Konstas made a stunning BBL debut for the Sydney Thunder, hitting the fastest half-century in team history off just 20 balls.

A national average audience of 1.6M watched the Hurricanes secure their first Big Bash League title, defeating the Thunder by

seven wickets. This marked a 43% increase from the BBL|13 Final, becoming the most-watched BBL match across Seven, Foxtel, 7plus, and Kayo Sports. Held at Ninja Stadium, the thrilling game drew a sold-out crowd of 15,706, the venue’s highest since BBL|06.

The season averaged 770,000 viewers nationally, growing 20% year-on-year, with the Finals series drawing 1.145M per game. Seven achieved its highest average audience since BBL|10, while Foxtel recorded its most-watched season ever.

Digital engagement soared during BBL|14, with the League’s social media followers growing by 569,000 and the Big Bash app driving an 81% increase in sessions. The newly launched Big Bash YouTube channel acquired 191,000 followers, with match highlights averaging 577,000 views.

BBL|14 also excelled in attendance figures, with total attendance for the season reaching 971,346, a 7% increase from the previous year. The average attendance of 22,076 per match was the highest since BBL|07. The Finals series witnessed the one millionth fan across WBBL and BBL attend The Knockout at ENGIE Stadium, while the total attendance across both competitions was 1,051,178.

Matt Short

Melbourne Renegades claimed their first WBBL title

Hayley Matthews was the hero for the Melbourne Renegades as they defeated Brisbane Heat by seven runs to be crowned Weber WBBL champions for the first time. Named the Player of the Final, Matthews smashed 69 off 61 balls – the highest individual score ever in a WBBL Final.

significant stream of engaging content from our world class competition. WBBL social media consumption increased by 56%, along with a 55% increase in engagement and more than 80,000 new followers during the tournament.

Star of the season-opener at Adelaide Oval, 15-year-old debutant Caoimhe Bray claimed a crucial wicket and scored the winning runs for the Sydney Sixers. Hobart Hurricane Lizelle Lee rewrote the record books at the SCG with the highest ever score of 150* (75) as well as the most sixes in an innings. Georgia Voll hammered a careerhigh 97* (56) to win the match between Sydney Thunder and Perth Scorchers and Brisbane Heat’s Lucy Hamilton became the youngest player in WBBL history to take a five-wicket haul, bowling her side to a six-wicket win over the Melbourne Stars at Drummoyne Oval.

The WBBL continues to reinforce its status as the world’s best cricket league for women, exemplified by the viewership, attendance and engagement

Australian DJ duo Kinder lit up the Weber WBBL|10 Stadium Series, with the dance sensations performing an electrifying show in four of our largest venues, for families and event seekers alike.

A 46% increase in average audiences per game across Seven, Foxtel, 7plus and Kayo Sports, alongside 23% growth in average attendance, demonstrates both the passion of our core fan base and the League’s mass appeal to wide national audiences.

Caoimhe Bray
Lizelle Lee

Total registered participation continued its upward trend increasing to 669,642. There was an encouraging 6% increase in women and girls registrations as well as growth in Woolworths Cricket Blast (+8%) and social cricket (+11%). This was offset somewhat by a 7% decline in indoor cricket.

We maintained our focus on building registered participation among 5 to 12-Year-olds during the year and we continued to see increases across the board.

Girls’ participation growth remains strong increasing by 8% and a 4% increase in boys resulted in 143,098 5 to 12-year-olds registering to play during the 2024-25 season. The additional 5 to 12-year-old girls registered to play across Junior Cricket, Woolworths Cricket Blast, and Social Cricket programs.

The popularity of Woolworths Cricket Blast continues with 89,684 girls and boys registering to play this year, reflecting an 8% increase on last season. Girls made up 29% of registrations having grown 11% on last year.

Junior Cricket recorded a 6% increase in registrations on last year, directly resulting from three years of growth in Woolworths Cricket Blast leading to more participants continuing to the next step in the Junior Cricket experience.

More than 108,000 participants registered, surpassing prepandemic numbers for the first time. Overall boys’ Junior Cricket is 2% up on last year with growth coming in 12 and under segment demonstrating the impact of the focus on transition and retention. With a national retention average at 71%, when moving into Junior Cricket, two out of three girls and seven out of 10 boys stay in the game.

Record numbers of girls playing

JUNIOR CRICKET EXPERIENCE

In early 2025 we completed an extensive review of the junior cricket pathway, which included a pilot and development of a new social cricket product. It’s a social cricket offering for the whole family that will engage new participants, increase likelihood of retaining current players and bring lapsed participants back to the game. The new Junior Cricket Experience will be launched in season 25-26, that will include the launch of Smash Series Cricket.

represent 13% of registrations. In CA’s Multicultural Action Plan, our target of 100,000 South Asian Registered Participants was achieved. A healthy increase of 11% to 103,232 participants included a 19% increase in women and girls signing up.

NSW Metro took out three of the four Championships on offer this year

NATIONAL CHAMPIONSHIPS

West Australia won the Under 19 Male Championships

NSW Metro won the Under 17 Male Championships

NSW Metro won the Under 16 Female Championships

NSW Metro won the Under 19 Female Championships

CA, through the network of State and Local Cricket Associations, provides the system for umpires from Grassroots level to the International stage.

Sam Nogajski officiated his first ICC Men’s World Cup in the West Indies and the United States this year. He was also recently added to the ICC’s Emerging Umpire Panel, the first male Australian Umpire in 10 years.

2024-25 DEBUTANTS

Lisa McCabe

Men’s T20 International Umpiring Debut (Aug 2024)

Kent Hannam – (Match Referee)

• Men’s T20 International Debut (Aug 2024)

Men’s One Day International Debut (Sep 2024) Women’s Test Match Debut (Jan 2025)

Andrew Crozier

Women’s T20 International Umpiring Debut (Sep 2024)

Troy Penman

Women’s T20 International Umpiring Debut (Sep 2024)

David Gilbert (Match Referee) Men’s One Day International Debut (Nov 2024)

INTERNATIONAL

Australia won all six of their matches during the U19 International Women’s Tri Series against Sri Lanka and New Zealand in Queensland.

ICC U19 Women’s World Cup in Malaysia was played in January 2025, when Australia lost a semifinal against South Africa.

NATIONAL INDIGENOUS CRICKET CHAMPIONSHIPS (NICC)

The NICC showcases exceptional cricket talent and widens the pathway for Aboriginal and Torres Strait Islander cricketers to participate at the highest levels of our sport.

Western Australia claimed their first women’s NICC title in April, while Queensland won the men’s division on Yuwibara Country in Mackay.

NATIONAL INDIGENOUS TRAINING CAMP

The Training Camp hosted by the MCC Foundation was held at the MCG again after the success of last year’s camp. We remain committed to reconciliation and sustainably strengthening opportunities for First Nations Peoples to play, attend and follow cricket.

We thank our partners, the Melbourne Cricket Club Foundation and National Indigenous Television (NITV) for showcasing the Championships to all Australians through live broadcast for the first time.

AUSTRALIA WOMEN’S INDIGENOUS TEAM

The Women’s National Indigenous Team competed in the PacificAus Sports Cricket Invitational between Papua New Guinea (PNG), Fiji, Samoa and Australia, in June.

This was the first-ever Women’s T20 International tournament held in Port Moresby and was a fantastic opportunity to continue to strengthen the ties between Australia and the pacific region, build relationships and share culture through cricket.

Australia won four matches against Vanuatu and Samoa and shared one win each with PNG. PNG were the eventual winners, finishing higher in percentage.

We thank the Australian Government and Papua New Guinea Cricket for their support.

AUSTRALIAN TEAMS

The Australian Men’s Blind team retained the Blind Ashes after securing a commanding 3-0 series victory against England in the 2024 Blind Ashes series.

This victory marked a significant moment for Australian Blind and Low Vision cricket, as it was the first Blind Ashes series played in Australia in eight years and the 20 th anniversary of the event itself.

The Men’s National Deaf and Hard of Hearing Team toured New Delhi in February for a T20I Tri-Series with India and South Africa before an ODI Series with India. Although Australia won a T20I match against India for the first time in 20 years, they were defeated by India in both Series.

NATIONAL CRICKET INCLUSION CHAMPIONSHIPS (NCIC)

The 2025 NCIC were held in Brisbane in January, with Victoria retaining multiple titles.

Victoria once again claimed the national titles in the Men’s Deaf and Hard of Hearing, Women’s Deaf and Hard of Hearing and Cricketers with an Intellectual Disability divisions, while NSW took home their sixth consecutive national title in the Blind and Low Vision division.

The new Women’s Blind and Low Vision division comprising two teams of players from around the nation, played exhibition matches for the first time, at the NCIC, with two wins apiece.

We thank CommBank and Taverners Australia for their support for this event.

NOMINATED FOR AFR AWARD

CA and partner AI Enterprises were finalists in the Creativity and Entertainment category of the Australian Financial Review AI Awards.

Collaboration between CA, Insight Enterprises, Microsoft and HCL Tech, has produced a new AI driven feature to uncover stories and deliver personalized experiences. This new feature, AI Insights, aggregates millions of data points to deliver information about the game and players, while the match unfolds. Launching just before the Women’s Ashes in January, we attracted more than 250,000 unique users in its first month.

Cricket fans engaged with our digital channels in record numbers during the 2024-25 season, which included four billion social media impressions on CA social channels from November to February – up 88% year-on-year.

The fantastic content showcasing our players, as well as exciting international and Big Bash match coverage, made for rich and engaging digital experiences for fans from around the world.

Increasing engagement on our owned platforms – cricket.com.au, CA Live app, Play Cricket app and the Big Bash app – was a major focus for the 2024-25 season. Day two of the Sydney Test saw our biggest day ever for Australian sessions on our platforms, where fans kept coming back to enjoy our content including the introduction of vertical video in the CA Live app to deliver a new content experience. One in six Australians have downloaded the CA Live app.

This season we also focused our resources on key platforms to engage new and existing audiences. With India touring Australia, and the huge cricketloving audience in the subcontinent, we were thrilled to reach 10M subscribers on the cricket.com.au YouTube channel. Well ahead of other sporting organisations in Australia, CA is the only one to have achieved this milestone and receive the coveted Diamond Creator Award. This achievement also places CA in the top bracket of sports organisations world-wide.

BIG BASH SCHOOLS CHALLENGE

The digitisation of our Big Bash Schools challenge program offers a fun and engaging platform for young kids to learn confidence, teamwork and basic ball skills, helping to prepare them for our entry level programs. CA can also engage online with them directly.

Thanks to the Australian Sports Commission for their support through their Play Well Participation grant.

CA’s commercial partnerships continue to play a key role in uniting and inspiring Australians to love and play the game, while powering the long-term success of Australian Cricket.

In 2024-25, sponsors capitalised on cricket’s extensive national reach and record broadcast audiences to achieve measurable brand outcomes, with innovative activations across the NRMA Insurance Men’s Test Series, Weber WBBL, and KFC BBL delivering strong fan engagement and memorable experiences.

This year, partnerships were strengthened through a focus on digital innovation, enabling deeper and more targeted connections with fans. Last season, CA invested in Partnerbrite, an ad-tech platform designed to monetise known audiences and deliver

outcome-driven digital solutions for commercial partners. Building on this capability, we launched our own productised version of the platform, branded CrowdCatch.

As part of a pilot program, NRMA Insurance became the first partner to activate a CrowdCatch campaign over the summer, leveraging CA’s first-party data audiences. This enabled NRMA Insurance to target highly relevant audience groups across its own paid social channels with cricketled creative, supported by an integrated CA Digital package.

The campaign delivered outstanding results, achieving a 38% improvement compared to NRMA Insurance’s existing paid social benchmarks. This success demonstrated the strength of engaging a rich, cricket-aligned audience base and reinforced the value of providing innovative, outcome-led solutions for our partners.

Strategic and collaborative relationships with partners continued to drive sponsorship growth while also contributing to the broader success of cricket.

Through the Woolworths Cricket Blast program, we reached 89,684 kids, bringing total participation to over 453,000 since Woolworths began its support in 2018

Toyota continues to be a passionate supporter of community cricket through their Good for Cricket Raffle, which has raised over $8M for grassroots cricket over the past seven years. Each year, Toyota donates over $250,000 in prizes, giving participants the chance to win brand-new vehicles or unforgettable experiences, including star players visiting their own clubs.

We acknowledge the conclusion of our long-standing partnership with CommBank at the end of the 2024-25 season.

For more than two decades, CommBank has been a driving force in the growth of cricket, championing grassroots participation, community initiatives, and most notably, the rise of women’s cricket. Their support has left an enduring legacy of inclusivity, accessibility, and inspiration for generations of players and fans, and we are deeply grateful for their significant contribution to the game. The commitment of all of our partners highlights the powerful role sport plays in fostering connection and driving impact. Their continued support also reinforces cricket’s standing as one of the most valuable and commercially sustainable properties in Australian sport

Platinum Silver Gold OUR COMMERCIAL PARTNERS BBL – Official Partners Partners

Cricket continued to unite Australians with domestic and international audiences tuning in at record levels. Standout moments included a 48% year-on-year increase in Men’s Test viewing audiences that peaked when it mattered, with the final session of the SCG Test averaging 2.6M viewers.

MEN’S INTERNATIONAL

Australia’s successful bid to regain the Border-Gavaskar Trophy was the most-watched Test series under the current Fox Sports and Channel Seven broadcast partnership:

A 48% YoY increase in Test viewing audiences, with an average daily audience of 1.47M viewers across the entire day –eclipsing the 2021-22 Ashes Series as the most watched Test series in the Foxtel and Seven era.

40 sessions of play averaging more than 1M viewers, with 10 sessions averaging more than 2M viewers.

• The Sydney Test was the highest rating Test in the history of Seven and Foxtel, averaging 2.03M viewers across the entire Test –up 84% YoY. The final session of the SCG Test was the highest rating session of the summer, averaging 2.6M viewers.

• The Boxing Day Test averaged 1.9M viewers, with the thrilling final session watched by an average audience of 2.3M – the highest rating Boxing Day Test in the past decade.

RECORD-BREAKING AUDIENCE IN INDIA

The Border-Gavaskar Trophy delivered unprecedented viewing figures on the Jio Star network, which produced coverage in five-languages for fans in India. Branded by Jio Star as The Toughest Rivalry, the series broke Indian viewership records.

192.5M TV viewers watched the Border-Gavaskar Trophy across the Jio Star network with 52Bn minutes of viewing time – the second greatest audience ever for a BGT series.

• This was also the second most watched series ever on Indian television, including India’s home and away series.

The vast audience represented a 74% increase on the previous Border-Gavaskar Trophy series played in Australia.

WOMEN’S INTERNATIONAL

Culminating in the Women’s Ashes clean sweep, this was the most watched Women’s International season in history:

A cumulative average audience of 4M viewers across the Ashes series, an increase of 87% on the 2021-22 Ashes – the most-watched Women’s Ashes in Australia.

• The Day/Night Ashes Test was the highest-rating women’s Test in Australia, with daily average audiences up 27% on the 2021-22 Ashes. Day two averaged 539,000, including 803,000 viewers for the final session, both records for women’s Tests.

The three Ashes T20Is were up 74% on the 2021-22 Ashes and the ODI series audiences were up 86% on 2021-22. The first ODI was the highest-rating women’s ODI ever in Australia with 498,000 tuning in.

• Audiences for the ODI series against India across Seven and Foxtel were up 60% on the most recent (2021-22) series between these two teams and the highest average audience for a nonAshes ODI series.

BIG BASH LEAGUES

A pulsating BBL|14 ensured this was collectively the most watched BBL season broadcast by the current rights-holders and the most watched ever on Foxtel Group. WBBL|10 also recorded significant increases in viewing audiences:

The BBL confirmed its status as Australia’s most watched sports league on a per-game basis with average audiences for BBL|14 growing 20% year-on-year.

The KFC BBL|14 Final was the second highest rating BBL game ever and the most watched in nine years, reaching a national average audience of 1.6M.

This was 43% greater than the BBL|13 Final, and the most watched BBL game ever across each of Seven, Foxtel, 7plus Sport and Kayo Sports.

• The BBL|14 Finals drew an average audience of 1.145M per game, the most for a Finals series of four or more games and of any length since BBL|07.

The average audience per match for WBBL|10 increased 38% YoY and was the largest since WBBL|07.

ABC, SEN AND SOUTHERN CROSS AUSTEREO REMAIN THE SOUND OF CRICKET

CA was pleased to extend its audio partnerships with the ABC, SEN and Southern Cross Austereo for the next seven seasons (2024-25 to 2030-31). The extension will ensure cricket fans continue to enjoy a broad and comprehensive range of coverage across AM and FM radio, DAB+ and digital platforms.

OUR BROADCAST PARTNERS

DIVERSITY & INCLUSION

We continued our focus on diversity and inclusion throughout FY25. Our gender pay gap of 8.8% in favour of men is the lowest in the industry.

We launched our South Asian Mentoring & Leadership Program for employees across Australian Cricket who come from a South Asian background. This is a key commitment made in our Multicultural Action Plan to connect our people with multicultural ambassadors who have shared insights and advice on career progression and growing a personal brand through networking.

Our continued focus on ensuring cricket is a sport for all was recognised in April when CA was awarded the highly prestigious Gold status in the annual Pride in Sport Awards, exceeding our target of Bronze status.

EMPLOYEE ENGAGEMENT

Employee engagement continued to increase, with our employees noting the most favourable engagement score since the pandemic. We continued our focus on career and development through Hello Monday and SHK career sessions for people leaders and a strong focus on resilience and mental health. We also launched Mental Health training with our partner Converge.

60 JOLIMONT STREET REFURBISHMENT

A highlight for our people in FY25 was the refurbishment of our 60 Jolimont Street head office. The new meeting rooms, collaborations spaces and shared social facilities were designed to foster teamwork, leadership, and high performance, and reusing of existing pieces and incorporating recycled and sustainable materials was a priority. The changes reflect the culture and professionalism of our sport which also showcase trophies and imagery that pay tribute to past and present cricket legends who have helped to make the game what it is today.

“As an Aboriginal cricketer, I’ve been fortunate to progress through the ranks and reach this level, but I recognise the barriers that many Aboriginal and Torres Strait Islander people face in accessing opportunities within the sport. By being a RAP Ambassador, I hope to contribute to actionable solutions that foster understanding and inclusivity.”

Kamilaroi woman Hannah Darlington

CA launched its third Reconciliation Action Plan (RAP), and second ‘Stretch’ RAP, outlining a comprehensive strategy to achieve its vision for reconciliation – where cricket is renowned as an inclusive sport where everyone belongs.

This ‘Stretch’ RAP, focusing on high impact commitments, marks a significant milestone in CA’s decade-long journey towards reconciliation.

Our RAP aims to deepen engagement with Aboriginal and Torres Strait Islander communities, creating opportunities across all facets of cricket. Key initiatives include dedicated First Nations matches, cultural learning for employees, increased investment in Indigenous activities, and celebrating Indigenous excellence in cricket. They aim to boost

representation of Aboriginal and Torres Strait Islander peoples to 3% of employees and increase spending with Indigenous businesses by 5% annually.

We acknowledge our complex history and will celebrate ongoing contributions of Aboriginal and Torres Strait Islander peoples to our game and representing equality and equity.

Thank you to Aboriginal and Torres Strait Islander players, coaches, mentors, and employees for their candid and invaluable feedback, Reconciliation Australia for their guidance, CA’s National Aboriginal and Torres Strait Islander Cricket Advisory Group for their leadership and CA’s RAP Working Group for their dedication to identifying and prioritising impactful actions to deliver meaningful reconciliation outcomes.

Artist Ky-ya Nicholson Ward (Wurundjeri, Dja Dja Wurrung, Ngurai Illum Wurrung) was commissioned to create an original artwork for CA’s RAP.

MCGRATH FOUNDATION –$9,053,360 RAISED

The McGrath Foundation sold a record-breaking 425,000 Virtual Pink Seats during the NRMA Insurance Pink Test, to raise funds for McGrath Foundation to provide care to those impacted by all cancers (their new, broader mission). Six thousand families were supported by 60 McGrath Cancer Care Nurses. We are extremely proud to partner with the McGrath Foundation and very grateful to cricket fans for supporting Australians experiencing cancer.

SHANE WARNE LEGACY – 13,416 HEALTH CHECKS ON BOXING DAY

CA and the Shane Warne Legacy (SWL) raised awareness for heart health during the NRMA Insurance Boxing Day Test Match. With 52 stations at the MCG, fans underwent screenings for heart disease and diabetes. A clinicianled blood glucose and cholesterol check was introduced for high-risk individuals. 15.6% of participants had high blood pressure, with 115 requiring urgent medical referral, highlighting the initiative’s impact on preventive healthcare. CA and the SWL will continue to raise awareness together for the next two years.

UNICEF AUSTRALIA

Millions of girls globally face barriers to education, health, and safety. CA partnered with UNICEF Australia during the CommBank Women’s Ashes Test in the ‘Appeal Appeal’ campaign, reaching 6.8M Australians and generating $1.5M in pro-bono media to raise awareness of this important cause. Funds raised will provide empowerment packs for 2,791 girls and transformation packs for 113,000 girls, helping them to stay in school.

SUSTAINABILITY

As custodians of the sport, we know we must take steps to play our part in reducing the impacts of climate change and adapt and prepare our infrastructure to thrive under new conditions.

During the year, we engaged with experts and the cricket community to begin the development of our Environmental and Sustainability Action Plan. Our core objectives are to create positive impact; reduce emissions; improve governance practices; inspire others.

We continued to reduce our environmental footprint through initiatives like donating to charity 128 pallets of cricket gear decommissioned over the past five years; keeping 1321kg of CA’s end-of-life technology out of landfill to be recycled or refurbished; and, using more eco-friendly materials in our KFC Bucket Heads and 21,000 eco flags for the Women’s Big Bash.

INVESTMENT IN CRICKET

Government investment in cricket is fundamental to ensuring Australia’s national and state teams continue to produce amazing performances in great venues, local and travelling fans enjoy brilliant experiences at our matches and host cities and communities benefit economically and socially.

CA, along with state and territory associations, successfully advocated through federal and state elections for investment in a range of cricket projects and programs.

The awarding of hosting rights for select international matches out to 2030-31 was the culmination of

a series of strategic partnerships between CA and State and Territory Governments to provide greater certainty for fans and communities, and to ensure investment in cricket at all levels across the country.

CA continues to work closely with relevant governments and other stakeholders on the development of key stadia projects in line with the future opportunities presented by Australia co-hosting the ICC 2028 Men’s T20 World Cup and returning to the program in the 2028 Olympics in Los Angeles.

The Australian Cricket Infrastructure Fund (ACIF) continued to deliver funding for community cricket facilities around the nation driving participation growth. In 2024-25, the ACIF facilitated almost $5.6M to contribute to 208 projects worth around $144M. This investment was guided by cricket’s first ever National Community Cricket Infrastructure Strategy developed to guide and support sustainable infrastructure investment.

The ICC Men’s T20 World Cup Multicultural Legacy Program, supported by a $4.4M contribution from the Australian Government, saw a 29% increase in participation in entry-level cricket programs among culturally and linguistically diverse communities, with 26,000 participants over the past two years

The inaugural PacificAus Sports Cricket Invitational held in Papua New Guinea was thanks to our partnership with the Australian Government through the PacificAus Sports program and delivered on CA’s strategic priority to ‘grow the game globally’ and is a key commitment under our Stretch Reconciliation Action Plan 2024-2027.

The Afghan Women’s XI featured in a match against a Cricket Without Borders XI in Melbourne, a celebration of the team and the players and was the first time the team had played together.

Annabel Sutherland and Travis Head took top honours at the Australian Cricket Awards in February, winning the prestigious Belinda Clark Award and Allan Border Medal respectively.

Annabel won her first Belinda Clark Award in a year that saw her named in the ICC ODI Team of the Year. It was also the first time that Travis won the Allan Border Medal, having played a crucial role in Australia’s successful year.

WOOLWORTHS CRICKET BLASTER OF THE YEAR

Frankie Mountney (Tasmania)

UMPIRE OF THE YEAR

Sam Nogajski received the CA Umpire Award for the third consecutive year after another exceptional season at both international and domestic levels.

VOLUNTEER OF THE YEAR

Chrissie Ponter, Federal Cricket Club, NT

TOYOTA COMMUNITY CRICKET CLUB OF THE YEAR

Coromandel Valley Ramblers Cricket Club, SA

AWARD

AUSTRALIAN CRICKET AWARDS

Belinda Clark Award

Allan Border Medal

Women’s ODI Player of the Year

Women’s T20I Player of the Year

Shane Warne Men’s Test Player of the Year

Men’s ODI Player of the Year

Men’s T20I Player of the Year

Weber WBBL | 10 Player of the Tournament

KFC BBL | 14 Player of the Tournament

Women’s Domestic Player of the Year

Men’s Domestic Player of the Year

Betty Wilson Young Cricketer of the Year

Bradman Young Cricketer of the Year

Community Impact Award

Hall of Fame Inductees

2024-25 STATE CRICKET AWARDS

Sheffield Shield Player of the Year

Women’s National Cricket League Player of the Year

One-Day Cup Player of the Year

RECIPIENT

Annabel Sutherland

Travis Head

Ashleigh Gardner

Beth Mooney

Josh Hazlewood

Travis Head

Adam Zampa

Ellyse Perry and Jess Jonassen

Glenn Maxwell and Cooper Connolly

Georgia Voll

Beau Webster

Chloe Ainsworth

Sam Konstas

Cameron Green

Christina Matthews, Michael Clarke and Michael Bevan

Fergus O’Neill (Victoria)

Tahlia Wilson (New South Wales)

Liam Scott (South Australia)

Benaud Spirit of Cricket Award (Men’s) Victoria

Benaud Spirit of Cricket Award (Women’s) New South Wales

Indigenous Cricketer of the Year

T20 Spring Challenge Player of the Year

Anika Learoyd (New South Wales and Sydney Thunder)

Tahlia Wilson (New South Wales)

2025 NATIONAL COMMUNITY AWARD WINNERS

Young Leader of the Year

Community Cricket Coach of the Year

Community Match Official of the Year

Cricket Blast Coordinator of the Year

Women and Girls Initiative of the Year

Inclusion & Diversity Initiative of the Year

Celebrating Cricket in Schools

Community Cricket Association of the Year

Henry Land, Cunnamulla Emus Cricket Club, QLD

Dave Neil, Orange CYMS Cricket Club, NSW

Amey Jambeka, Huon Channel Cricket Association, TAS

Shane Wilson, Kiama Cavaliers Cricket Club, NSW

Mel Nixon, Tracy Village Cricket Club, NT

Priya Rajendra, North Balwyn Cricket Club and Melbourne Deaf Cricket Club, VIC

St Andrews Catholic College, Redlynch, QLD

Metropolitan Junior Community Cricket Inc., WA

Community Cricket Partnership of the Year Swan Valley Cricket Club, WA

Community Facility Project of the Year (Major Category – $1M+)

Community Facility Project of the Year (Minor Category – < $1M)

Indoor Facility of the Year

Junior Initiative of the Year

Technology & Media Initiative of the Year

Community Facility Project of the Year

Shoalhaven City Council, Artie Smith Oval, NSW

Community Facility Project of the Year Eastlake Junior Cricket Club/ACT Government, Deakin West Oval, ACT

Charmhaven Indoor Sports, NSW

Warringah Cricket Club, NSW

Warwick Greenwood Cricket Club, WA

BOB COWPER OAM

Having played for Victoria and Western Australia from 1960 to 1970, Bob also represented Australia from 1964 to 1968. The left-handed batter played in 27 Tests, scoring 2,061 at an average of 46.84. He scored the first Test cricket triple century on Australian soil (307), taking 12-hours at the MCG against England in February 1966.

KEITH STACKPOLE, MBE

After a First Class career with Victoria, scoring 10,100 runs, Keith represented Australia during 1966-1974 as a middle order batter. He played 43 Tests and six ODIs, scoring 3031 runs, and went onto to become a respected commentator.

FRANK DUCKWORTH MBE

An English statistician who consulted to the ICC, Frank co-developed the Duckworth–Lewis method for adjusting cricket scores in rain-affected matches.

IAN REDPATH MBE

Australian opening batter and member of the Australian Cricket Hall of Fame. Ian played 66 Tests and made 4737 runs at 43.45 including eight centuries and 31 half centuries with a top score of 171. In 1975, Ian was made a Member of the Civil Division of the Most Excellent Order of the British Empire for services to cricket.

CREAGH O’CONNOR AM

Former CA Chair Creagh O’Connor AM served on the VCA Board for 11 years from 1999 and was Chair from 2005-2008. He joined the South Australia Cricket Association board in 1991 where he served for 19 years.

FRANK MISSON

Having represented New South Wales, Frank was a right-arm opening bowler for Australia in five Tests from 1960 to 1961. He had a bowling average of 38.5 (best of 4/58) and scored 38 runs.

PATRICIA THOMSON

After playing for Victoria, Patricia represented Australia in four Tests, including the 1963 Ashes tour. Patricia scored 107 runs at 26.75 and claimed two wickets at 73.5.

JANICE PARKER (NEE WADY)

Janice played cricket for Australia from 1963 to 1969 after playing for Victoria. A right hand batter and medium-pace bowler, Janice scored 172 runs (2 x 50s, top score of 60) and took three wickets (best of 2/13) during five Tests.

VALE RETIREMENTS SENIOR UMPIRES

In November, CA marked the 10-year anniversary of Phil Hughes’ death through a documentary to celebrate his extraordinary if all-too-brief life, titled The Boy from Macksville, with the story of the late Aussie opener told through the eyes of family and friends.

STEVE SMITH

Steve retired from One Day International cricket after 170 appearances, making him the nation’s 16th-most capped men’s player in the 50-over format and the 12 th highest runs scorer (5800 averaging 43.28). He will continue to be available for Test and T20I selection.

MATTHEW WADE

Matthew announced his retirement from international cricket after 13 years; 2011-2024. One of Australia’s most successful and revered players, Matthew played 36 Test matches, 97 ODIs and 92 T20Is for Australia. The wicketkeeper and lefthand batter scored four centuries in Test and ODI matches.

MARCUS STOINIS

Marcus retired from ODI cricket this year, having represented Australia in 71 matches during which he scored 1495 runs averaging 26.69 and claimed 48 wickets at 43.12. He was part of Australia’s ODI World Cup squads in England in 2019 and 2023. Marcus remains available for T20I selection.

GLENN MAXWELL

One of the fastest scorers in world cricket, the allrounder retired from ODI cricket this year. During 149 ODI matches, Glenn scored 3990 runs, including four centuries, averaging 33.81, he took 77 wickets averaging 47.32 and is an outstanding fielder. He will continue to be available for T20I selection.

BOB STRATFORD – MATCH REFEREE

Bob’s 20-year match referee career saw him officiate in 26 Men’s and Women’s ODIs, 41 T20Is and one Test Match. Bob finished with 90 First-Class matches to his name including a record five Sheffield Shield Finals.

SIMON LIGHTBODY – UMPIRE

Simon finished his professional umpiring career with 29 FirstClass, 20 List-A, and 47 (a further 30 as TV Umpire) KFC BBL matches to his name. He was also appointed on-field Umpire for the 2021-22 WBBL and WNCL Finals.

Mike Baird AO Chair –
Dr Vanessa Guthrie AO
Clea Smith
Director from 2022
Dr Lachlan Henderson
Sarah Adam-Gedge
Director from 2023
Richard Freudenstein
Director from 2019
Dr David Maddocks
Director from 2022
James Orchard
Director from 2024

FOR THE YEAR ENDED 30 JUNE 2025

Cricket Australia

(Company limited by guarantee)

ABN 53 006 089 130

Cricket Australia Financial and Directors’ Report

The financial statements contained within the financial report are the financial statements of Cricket Australia as an individual entity. The financial statements are presented in the Australian dollar ($).

Cricket Australia is a company limited by guarantee, incorporated and domiciled in Australia.

Its principal place of business is:

Cricket Australia 60 Jolimont Street East Melbourne VIC 3002

A description of the nature of the entity’s operations and its principal activities is included in the directors’ report on page 39, which is not part of the financial statements.

The financial statements were authorised for issue by the Directors on 12/09/2025. The Directors have the power to amend and reissue the financial statements.

Cricket Australia Director’s REport

30 JUNE 2025

The Directors present their report on Cricket Australia (the ‘Company’) for the year ended 30 June 2025.

INFORMATION ON DIRECTORS

Cricket Australia Director Experience 30 June 2025

Special Responsibilities

The following persons were Directors of Cricket Australia during the whole of the financial year and up to the date of this report:

Michael B Baird AO (appointed 28 Feb 21)

University of Sydney – Bachelor of Arts (Econ.)

Sydney University – Honorary Doctorate (Business)

Western Sydney University – Honorary Doctorate (Infrastructure and Western Sydney)

University of British Columbia, Regent College – Diploma of Christian Studies

Richard J Freudenstein (appointed 10 Jun 19)

University of Sydney – Bachelor of Laws (Hons)

University of Sydney – Bachelor of Economics

David C Boon MBE (appointed 28 Mar 25)

Diploma of Business Management

Australian International Cricketer 1984 - 1996

ICC Match Referee Australian Selector

Dr Vanessa A Guthrie AO (appointed 28 Feb 21)

Curtin University – Honorary Doctor of Science, Sustainability Studies

The University of Western Australia - Diploma in Commercial and Resources Law

University of Tasmania – Doctor of Philosophy – PhD, Geology/Earth Science, General

University of New England (AU) – Bachelor of Science (Hons)

Diploma in Natural Resources UNE

Diploma in Business from Australian Graduate School of Management (UNSW/USyd)

Dr Lachlan J Henderson (appointed 3 Sep 18)

Monash University – Master of Health Services Management

The University of Western Australia – Bachelor of Medicine, Bachelor of Surgery – MBBS

Graduate Australian Institute of Company Directors

Greg J Rowell (appointed 10 Jun 21)

The University of Queensland – Bachelor of Laws – LLB, Law

University of Canberra – Bachelor of Arts (B.A.), Public Administration

Queensland University of Technology Post Graduate Diploma Legal Practice

Graduate of Australian Institute of Company Directors

Sarah Adam-Gedge (appointed 15 Mar 23)

Queensland University of Technology – Bachelor of Business (Accounting)

Chartered Accountant (Fellow)

Graduate Australian Institute of Company Directors

4 years, 4 months

6 years, 1 month

Cricket Australia, Chair (1 Jul 24 - present)

Nominations Committee 2024, Chair (1 Jul 24 - present)

People, Culture & Sustainability Committee (1 Jul 24 - 25 Oct 24)

Audit & Risk Committee (25 Oct 24 - present)

3 months

4 years, 4 months

6 years, 9 months

Cricket Australia, Deputy Chair (9 May 25 - present)

People, Culture & Sustainability Committee, Chair (1 Jul 24 - present)

National Aboriginal and Torres Strait Islander Cricket Advisory Group (1 Jul 24 - present)

Nominations Committee (25 Oct 24 - present)

People, Culture & Sustainability Committee (1 Jul 24 - present)

4 years, 1 month

2 year, 3 months

National Aboriginal and Torres Strait Islander Cricket Advisory Group, Co-Chair (1 Jul 24 - present)

Audit & Risk Committee, Chair (17 Oct 24 - present)

National Aboriginal and Torres Strait Islander Cricket Advisory Group (1 Jul 24 - present)

Cricket Australia Director’s REport

30 JUNE 2025

Clea R Smith (appointed 16 Oct 22)

Deakin University – Bachelor of Applied Science – BASc (Sport Coaching and Administration)

Australian Institute of Management – Master of Business Administration (Management)

Graduate Australian Institute of Company Directors

Dr David L Maddocks (appointed 14 Nov 22)

Monash University – LL.B (Hons), BA

University of Melbourne – MA (Clinical Neuropsychology)

Lincoln Institute – Post Grad Dip (Neurosciences)

University of Melbourne – Doctor of Philosophy – PhD, Faculty of Medicine

James R Orchard (appointed 24 Jul 24)

University of South Australia – Bachelor of Business (Marketing, Finance)

Flinders University – Graduate Diploma in Accounting

Fellow of the Chartered Accountants Australia & New Zealand (CAANZ)

Fellow of the Australian Institute of Company Directors (FAICD)

2 year, 8 months

People, Culture & Sustainability Committee (1 Jul 24 - present)

Nominations Committee (1 Jul 24 - 25 Oct 24)

2 years, 7 months

Audit & Risk Committee (1 Jul 24 - present)

People, Culture & Sustainability Committee (5 Dec 24 - present)

11 months

Audit & Risk Committee (26 Jul 24 - present)

The following persons held office as a Director of Cricket Australia at any time during the year until the date of their resignation:

Paul J Green (appointed 25 Oct 18, resigned 17 Oct 24)

University of Tasmania – Bachelor of Commerce

Chartered Accountant

Fellow of the Institute of Chartered Accountants

Fellow of the Australian Risk Policy Institute

Member of the Institute of Company Directors

MEETINGS OF DIRECTORS

6 years, 8 months

Audit & Risk Committee, Chair (1 Jul 24 - 17 Oct 24)

The numbers of meetings of the company’s board of Directors and of each board committee held during the year ended 30 June 2025, and the numbers of meetings attended by each Director were:

Meetings held (H) while a Director and attended (A)

Cricket Australia Director’s REport

30 JUNE 2025

The function of the Audit & Risk Committee is to provide assurance and oversight of the financial statements, financial audit process, the execution of risk management, compliance frameworks and the assurance processes that assess the effectiveness of identified risk mitigation strategies. Furthermore, the Committee monitors the broader financial matters of Cricket Australia, including but not limited to financial results, annual budgets and oversight of the hedging advisory group.

The purpose of the Nominations Committee is to consider and recommend to the Members candidates to be elected as Directors of the Company in accordance with the Constitution.

The role of the People, Culture & Sustainability Committee is to ensure that Cricket Australia implements an appropriate People and Culture strategy to enable it to execute the Australian Cricket Strategy.

COMPANY SECRETARY

The Company Secretary is Ms Kate Ingber, Executive General Manager Legal & Business Affairs.

INTERNATIONAL CRICKET COUNCIL

Cricket Australia is entitled to appoint a director to the board of the International Cricket Council Limited, ICC Development (International) Limited and ICC Business Corporation FZ LLC. The CA director also serves on various committees of the ICC.

PRINCIPAL ACTIVITIES

The principal activity of the Company is to promote, administer and encourage the game of cricket in Australia.

FORM OF ENTITY AND PLACE OF BUSINESS

Cricket Australia, incorporated in Victoria, is a company limited by guarantee. Under its constitution, the liability of members is limited to $1,000 per member. At the date of this report, the Company’s registered office and principal place of business is located at 60 Jolimont Street, East Melbourne, Victoria.

STRATEGY AND OPERATIONS

The current five-year strategy provides the Company with a purpose, which is to unite and inspire everyone to love and play cricket, and a vision, to be a sport for all that makes Australians proud. In 2025, the Company focused on the enhance phase of the strategy which is focused on further growing the game and providing financial stability as the Company recovers from the financial impact of COVID.

A highlight of FY25 was delivery of a successful cricket season with compelling content from the BorderGavaskar Trophy Series with India resulting in record crowd attendance.

Performance indicators such as attendance at matches, television ratings, team rankings, digital users, registered participant numbers and employee engagement levels are used to measure the Company’s performance against its strategy.

REVIEW OF OPERATIONS

Cricket Australia has three board representatives on the NATSICAG advisory group including the co-chair Greg Rowell. The advisory group’s main mandate is to monitor and advise in relation to the Reconciliation Action Plan.

The net result of operations for the year ended 30 June 2025, after funding to Members of $120,939,000 (2024: $120,103,000) was a net deficit of $11,334,000 (2024: $31,894,000 net deficit).

Cricket Australia Director’s REport

30 JUNE 2025

SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS

In the opinion of the Directors there were no significant changes in the state of affairs of the Company that occurred during the financial year.

The Directors have a reasonable expectation that the Company has adequate resources to continue to adopt the going concern basis of accounting in preparing the financial statements.

EVENTS SINCE THE END OF THE FINANCIAL YEAR

The Company noted no material events have taken place since the end of the financial year.

LIKELY DEVELOPMENTS AND EXPECTED RESULTS OF OPERATIONS

At the time of preparation of this financial report, the Directors are not aware of any major changes in operations nor an associated change in the future results of those operations in subsequent financial years.

ENVIRONMENTAL REGULATION

The Company is not affected by any significant environmental regulation in respect of its operations.

INSURANCE OF OFFICERS

During the financial year, the Company paid insurance premiums in respect of certain officers of the Company. The insurance policy covers any Director or officer of the Company including past, present and future Directors, Company Secretary, Chief Executive Officer and employees of the Company. The liabilities insured include costs that may be incurred in defending civil or criminal proceedings that may be brought against the Directors and officers in their capacity as officers of the Company.

AUDITOR’S INDEPENDENCE DECLARATION

A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is set out on page 41.

This report is made in accordance with a resolution of Directors.

Cricket Australia Statement of comprehensive income

THE YEAR ENDED 30 JUNE 2025

Cricket Australia Statement of financial position

The above statement of financial position should be read in conjunction with the accompanying notes.

Cricket Australia Statement of changes in equity

FOR THE YEAR ENDED 30 JUNE 2025

The above statement of changes in equity should be read in conjunction with the accompanying notes.

Cricket Australia Statement of Cash Flows

FOR THE YEAR ENDED 30 JUNE 2025

The above statement of cash flows should be read in conjunction with the accompanying notes.

Cricket Australia

Cricket Australia Notes to the financial statements

30 JUNE 2025

1

SUMMARY OF MATERIAL

ACCOUNTING POLICIES

This note provides a list of the material accounting policies adopted in the preparation of the financial statements to the extent they have not already been disclosed in the other notes below. These policies have been consistently applied to all the years presented, unless otherwise stated. The financial statements are for the Cricket Australia.

(a) Basis of preparation

These general purpose financial statements have been prepared in accordance with Australian Accounting Standards and Interpretations issued by the Australian Accounting Standards Board and the Corporations Act 2001. Examples Holdings Limited is a for-profit entity for the purpose of preparing the financial statements.

(i) Historical cost convention

The financial statements have been prepared on a historical cost basis, except for the following:

• certain financial assets and liabilities (including derivative instruments) – measured at fair value or revalued amount

(ii) New and amended standards adopted by the group

The Company has applied the following standards and amendments for the first time for its annual reporting period commencing 1 July 2024:

• AASB 2022-10 Fair value measurement of non-financial assets of not-for-profit public sector entities

AASB 2023-3 Disclosure of non-current liabilities with covenants

The application of the amendment did not have a material impact on the Company’s financial statements but has changed the disclosure of accounting policy information in the financial statements.

(iii) New standards and interpretations not yet adopted

Certain new accounting amendments to accounting standards and interpretations have been published that are not mandatory for 30 June 2025 reporting periods and have not been early adopted by the

Company. The Company’s assessment indicates that there are no new Australian Accounting standards or interpretations that have been issued but are not yet effective with an expected material impact on the Company’s financial statements in the period of initial application.

(iv) Statement of compliance

The Company does not have ‘public accountability’ as defined in AASB 1053 Application of Tiers of Australian Accounting Standards and is therefore eligible to apply the ‘Tier 2’ reporting framework under Australian Accounting Standards.

The financial statements comply with the recognition and measurement requirements of Australian Accounting Standards, the presentation requirements in those Standards as modified by AASB 1060 General Purpose Financial Statements –Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities (AASB 1060) and the disclosure requirements in AASB 1060. Accordingly, the financial statements comply with Australian Accounting Standards - Simplified Disclosures.

(v) Going concern

The Company has considered the following matters in determining the appropriateness of the going concern basis of preparation in the financial statements:

• The Company has sufficient working capital to enable it to meet its objectives and financial obligations. In addition, net unutilised available funding through its secured banking facilities totals $70M.

• The Company recorded $32.85M of revenue received in advance as a current liability. While classified as a current liability, this is not expected to be repaid, and will be recognised as income over the next 12 months.

• The cash flow forecast through to 31 October 2026 indicates that the Company anticipates to be operating within its overall finance facilities and expects to be able to pay its debts as and when they fall.

Accordingly, the Company’s financial report has been prepared on a going concern basis, which contemplates the continuity of normal business activities and the realisation of assets and settlement of liabilities in the ordinary course of business.

Cricket Australia Notes to the financial statements

30 JUNE 2025

(b) Foreign currency translation

(i) Functional and presentation currency

Items included in the financial statements of each of the Company’s entities are measured using the currency of the primary economic environment in which the entity operates (‘the functional currency’).

(ii) Transactions and balances

Foreign currency transactions are translated into the functional currency using the exchange rates at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at year end exchange rates are generally recognised in profit or loss. They are deferred in equity if they relate to qualifying cash flow hedges and qualifying net investment hedges or are attributable to part of the net investment in a foreign operation.

(c) Revenue recognition

(i) International and domestic media rights

The Company enters into agreements with broadcast partners in respect of international and domestic broadcast rights for the viewing of live and archive footage of cricket matches held in Australia. These agreements span between a period of one to seven years in length.

International media rights revenue is recognised, after allowance for commission and charges, at the completion of the relevant match covered by the underlying contract. The company has provided a right to use its intellectual property to the broadcast partners where the control of the rights are transferred to the customer at the point in time a match is successfully completed (at which the customer is able to use and benefit from the licence).

Domestic media rights revenue is recognised on a straight-line basis over the duration of a season as the Company has provided a right to access its intellectual property to the broadcast partners throughout the licence period. As the agreement provides the broadcast partners with the media rights over the term where the licence fee does not vary based on the number of matches, revenue is recognised on a straight-line basis over time.

(ii) Commercial sponsorships

The Company enters into contracts with customers for the sponsorship of matches, series, teams and services in exchange for promoting the brand of the sponsor. Sponsorship agreements typically cover a period between one to three years. Consideration received under sponsorship agreements may be cash or value in kind goods and services (non-cash). The fair value of non-cash transactions received or expected to be received are included in the total transaction price of the agreement. Value in kind elements are typically specified in the sponsorship agreements and there is no significant judgement involved in estimating such consideration.

The Company may have various performance obligations over the duration of a contract, with the overall objective of promoting and furthering the brand of the sponsor. In respect of contracts with multiple performance obligations, the Company allocates the total consideration receivable to each separately identifiable performance obligation based on their relative fair values, and then recognises the allocated revenue as performance obligations are satisfied evenly over time. Revenue is therefore recognised on a straight-line basis over the term of the sponsorship agreement.

(iii) Match income

The Company enters into agreements with state and territory cricket associations or venues to receive a percentage of gross gate takings for all international cricket matches held in Australia. Revenue is recognised at a point in time, when each match has been played.

(iv) Distributions

The Company recognises distributions received under its member agreement with the International Cricket Council (ICC). Revenue is recognised on a straight-line basis over the term of the agreement subject to the application of a constraint on this variable consideration. Due to the variable nature of tournament revenue impacting the distribution amounts and the authorisation mechanisms in place for the approval of distributions, the Company’s ability to recognise revenue is constrained by external factors beyond the Company’s control. As such the Company has applied a full constraint in relation to variable consideration in its assessment of the revenue recognised as the Company is not able to conclude that it is highly probable that a significant reversal in the cumulative amount of revenue

Cricket Australia Notes to the financial statements

30 JUNE 2025

recognised would not occur when the uncertainty is resolved (which is at the time of receipt of distributions as the distributions are at the sole discretion of the ICC board).

(v)

Grants

Grant revenue is received by the Company from agreements with Government and private bodies for a range of projects and initiatives. These include both operating and capital grants.

The Company assesses each grant agreement as to whether it is a donation and falls under the scope of AASB 1058 Income of Not-for-Profit Entities or is a contract with a customer under AASB 15. Most of the Company’s agreements are deemed enforceable and have sufficiently specific performance obligations and are therefore recognised in accordance with AASB 15.

Operating grant revenue within the scope of AASB 15 is recognised over time as the distinct performance obligations set out within the grant agreement are satisfied. Capital grants are recognised progressively over time as the underlying asset is constructed. The progressive percentage costs incurred is used to recognise revenue because this most closely reflects the construction progress as costs are incurred as the works are done.

Income from grants without any sufficiently specific performance obligations is recognised when the Company has an unconditional right to receive cash, which usually coincides with the receipt of cash.

The Company recognises contract liabilities for consideration received in respect of unsatisfied performance obligations and reports these amounts as revenue received in advance in the statement of financial position (see note 15). Similarly, if the Company satisfies a performance obligation before it receives the consideration, the Company recognises either a contract asset, reported as accrued income, or a receivable in its statement of financial position, depending on whether something other than the passage of time is required before the consideration is due. Accrued income and receivables are subject to an impairment assessment in accordance with AASB 9.

(d) Income tax

The Company is exempt from Australian income tax pursuant to Section 50-45 of the Income Tax Assessment Act 1997.

(e) Impairment of assets

Assets that have an indefinite useful life are not subject to amortisation and are tested annually for impairment, or more frequently if events or changes in circumstances indicate that they might be impaired. Other assets are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs of disposal and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash inflows which are largely independent of the cash inflows from other assets or groups of assets (cash-generating units). Non-financial assets that suffered an impairment are reviewed for possible reversal of the impairment at the end of each reporting year.

(f) Cash and cash equivalents

For the purpose of presentation in the statement of cash flows, cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

(g) Other loans and receivables

Loans and receivables are included in current assets, except for those with maturities greater than 12 months after the reporting date which are classified as non-current assets. Loans and receivables are included in trade and other receivables in the statement of financial position (note 7).

(h) Accrued income

Accrued income is the right to consideration in exchange for goods or services transferred to the customer. If the Company performs its obligations by transferring goods or services to a customer before the customer pays consideration or before payment is due, accrued income is recognised for the earned consideration. Accrued income is included in trade and other receivables in the statement of financial position (note 7).

Cricket Australia Notes to the financial statements

30 JUNE 2025

(i) Financial assets

(i) Trade and other receivables

Receivables are recorded at amortised cost using the effective interest method, less impairment. The effective interest method is a method of calculating the amortised cost of a financial asset and of allocating interest income over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset, or where appropriate, a shorter period.

(ii) Impairment of financial assets

The Company recognises a loss allowance for expected credit losses of investments in debt instruments that are measured at amortised cost. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument.

The Company always recognises lifetime expected credit losses (ECL) for trade receivables. The ECL on this financial asset is estimated using a provision matrix based on the Company’s historical credit loss experience, adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as forecast direction of conditions at the reporting date, including time value of money where applicable.

For all other financial instruments, the Company recognises lifetime ECL when there has been a significant increase in credit risk since initial recognition. However, if the credit risk on the financial instrument has not increased significantly since initial recognition, the Company measure the loss allowance for that financial instrument at an amount equal to 12-month ECL.

Lifetime ECL represents the expected credit losses that will result from all possible default events over the expected life of a financial instrument. In contrast, 12-month ECL represents the portion of lifetime ECL that is expected to result from default events on a financial instrument that are possible within 12 months after the reporting date.

(j) Derivatives and hedging activities

Derivatives are initially recognised at fair value on the date a derivative contract is entered into, and they are subsequently remeasured to their fair value at the end

of each reporting period. The accounting for subsequent changes in fair value depends on whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged. The Company designates certain derivatives as hedges of a particular risk associated with the cash flows of recognised assets and liabilities and highly probable forecast transactions (cash flow hedges).

At inception of the hedge relationship, the Company documents the economic relationship between hedging instruments and hedged items including whether changes in the cash flows of the hedging instruments are expected to offset changes in the cash flows of hedged items. The Company documents its risk management objective and strategy for undertaking its hedge transactions.

Movements in the hedging reserve in shareholders’ equity are shown in note . The full fair value of a hedging derivative is classified as a non-current asset or liability when the remaining maturity of the hedged item is more than 12 months; it is classified as a current asset or liability when the remaining maturity of the hedged item is less than 12 months. Trading derivatives are classified as a current asset or liability.

The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognised in equity in the hedging reserve. The gain or loss relating to the ineffective portion is recognised immediately in statement of comprehensive income within other income or other expense.

Amounts accumulated in equity are recycled in the statement of comprehensive income in the periods when the hedged item affects profit or loss (for instance when the forecast media income that is hedged takes place).

When a hedging instrument expires, or is sold or terminated, or when a hedge no longer meets the criteria for hedge accounting, any cumulative deferred gain or loss and deferred costs of hedging in equity at that time remains in equity and is recognised when the forecast transaction is ultimately recognised in the statement of comprehensive income. When the forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in equity is immediately transferred to the statement of comprehensive income.

Cricket Australia Notes to the financial statements

30 JUNE 2025

(k) Property, plant and equipment

Freehold land is carried at cost and is not depreciated. Property, plant and equipment (excluding freehold land) is stated at historical cost less depreciation. Historical cost includes expenditure that is directly attributable to the acquisition of the items.

Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of any component accounted for as a separate asset is derecognised when replaced. All other repairs and maintenance are charged to profit or loss during the reporting period in which they are incurred.

Depreciation is calculated using the diminishing value basis to allocate the cost or revalued amounts of the assets, net of their residual values, over their estimated useful lives or, in the case of leasehold improvements, the shorter lease term as follows:

• Buildings 2.5%

• Plant and equipment 20% - 30%

• Leasehold improvements 20%

• Freehold improvements 20%

The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting year.

An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount (note 1(e)).

Gains and losses on disposals are determined by comparing proceeds with carrying amount. These are included in profit or loss. When revalued assets are sold, it is Company policy to transfer any amounts included in other reserves in respect of those assets to retained earnings.

(l) Investment properties

The investment property is a double story semi detached Victorian dwelling adjacent to the current business premises and is held for long term organisational growth. The investment property is carried at historical cost less depreciation. Rental revenue is recognised on a straight line basis over the term of the lease agreement.

(m) Intangible assets

Assets that are identifiable as non-monetary without physical substance are recognised as intangible assets. The Company estimates the useful life of the internally generated software to be 5 years based on the expected technical obsolescence of such assets. However, the actual useful life may be shorter or longer than 5 years, depending on future technological innovations.

(n) Trade and other payables

These amounts represent liabilities for goods and services provided to the Company prior to the end of the financial year which are unpaid. The amounts are unsecured and are usually paid within 30 days of recognition. Trade and other payables are presented as current liabilities unless payment is not due within 12 months after the reporting period. They are recognised initially at their fair value and subsequently measured at amortised cost using the effective interest method.

(o) Provisions

Provisions for legal claims, service warranties and make good obligations are recognised when the Company has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be required to settle the obligation and the amount can be reliably estimated. Provisions are not recognised for future operating losses.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations might be small.

Provisions are measured at the present value of management’s best estimate of the expenditure required to settle the present obligation at the end of the reporting period. The discount rate used to determine the present value is a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The increase in the provision due to the passage of time is recognised as interest expense.

Cricket Australia Notes to the financial statements

30 JUNE 2025

(p) Employee benefits

(i) Short-term obligations

Liabilities for wages and salaries, including nonmonetary benefits and annual leave that are expected to be settled wholly within 12 months after the end of the period in which the employees render the related service are recognised in respect of employees’ services up to the end of the reporting period and are measured at the amounts expected to be paid when the liabilities are settled. The liability for annual leave is recognised in the provision for employee benefits. All other short-term employee benefit obligations are presented as payables.

(ii) Other long-term employee benefit obligations

The liabilities for long service leave and annual leave that are not expected to be settled wholly within 12 months after the end of the period in which the employees render the related service. They are therefore measured as the present value of expected future payments to be made in respect of services provided by employees up to the end of the reporting period using the projected unit credit method. Consideration is given to expected future wage and salary levels, experience of employee departures and periods of service. Expected future payments are discounted using market yields at the end of the reporting period of high-quality corporate bonds with terms and currencies that match, as closely as possible, the estimated future cash outflows.

The obligations are presented as current liabilities in the balance sheet if the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period, regardless of when the actual settlement is expected to occur.

(iii) Player payments adjustments

A liability is recognised and is measured as the expected future payments to be made to players in relation to entitlements arising for service up to balance date, determined in accordance with the 2023-2028 Memorandum of Understanding (MOU). The player payment adjustment in any relevant contract year will represent any shortfall in the Player Payments Pool (PPP) that has arisen due to actual Australian Cricket Revenue (ACR) exceeding the Australian Cricket Revenue Estimate, less any excess in the PPP that has arisen in any relevant contract year due to the ACR Estimate exceeding actual ACR.

(q) Funding to members

Funding payments are made to the Members of the Company to support ongoing operations including state player payments and game development. Funding payments are recognised as an expense to the extent that payment is required by virtue of the By Laws. Clause 3 of the By Laws of the Company permits the funding from time to time of surplus funds (over and above the obligations under the By Laws) provided it is for the purposes of promoting and developing the game of cricket. Such discretionary funding payments are recognised directly as adjustments against accumulated funds.

(r) Goods and Services Tax (GST)

Revenues, expenses and assets are recognised net of the amount of associated GST, unless the GST incurred is not recoverable from the taxation authority. In this case it is recognised as part of the cost of acquisition of the asset or as part of the expense.

Receivables and payables are stated inclusive of the amount of GST receivable or payable. The net amount of GST recoverable from, or payable to, the taxation authority is included with other receivables or payables in the statement of financial position.

Cash flows are presented on a gross basis. The GST components of cash flows arising from investing or financing activities which are recoverable from, or payable to the taxation authority, are presented as operating cash flows.

(s) Rounding of amounts

The company is of a kind referred to in ASIC Legislative Instrument 2016/191, relating to the ‘rounding off’ of amounts in the financial statements. Amounts in the financial statements have been rounded off in accordance with the instrument to the nearest thousand dollars, or in certain cases, the nearest dollar.

Cricket Australia Notes to the financial statements

30 JUNE 2025

2 CRITICAL ESTIMATES, JUDGEMENTS AND ERRORS

The preparation of financial statements requires the use of accounting estimates which, by definition, will likely differ from seldom equal the actual results. Management also needs to exercise judgement in applying the Company’s accounting policies.

(a) Critical accounting estimates and assumptions

The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

(i) Provision for Employee Entitlements –Player payment adjustments

The Company recognises a provision for the expected long-term obligations arising under a revenue share agreement with the Australian Cricketers’ Association. To the extent that actual revenue varies from current forecasts over the agreed term, the ultimate amount payable will vary. Refer note 13 for further details.

(ii) Distributions from the International Cricket Council (ICC)

The Company is entitled to funding from the International Cricket Council (‘ICC’) as part of its member agreement. Due to the variability of the distributions, the Company has applied a full constraint in relation to the consideration received as the Company is not able to conclude that it is highly probable that a significant reversal in the cumulative amount of revenue recognised would not occur when the uncertainty is resolved (which is at the time of receipt of distributions as the distributions are at the sole discretion of the ICC board).

Cricket Australia

Cricket Australia

Notes to the financial statements

JUNE 2025 6 CURRENT ASSETS – CASH AND CASH EQUIVALENTS

* The cash and cash equivalents disclosed above and in the statement of cash flows include $425,000 (2024: $1,921,000) of restricted cash held for government grants. These funds are not available for general use.

7 TRADE AND OTHER RECEIVABLES

(a)

Receivables due from Members and other related parties

As at 30 June 2025, trade and other receivables include amounts receivable from Members of $6,753,212 (2024: $7,324,827) and amounts from other related parties of nil (2024: nil).

As at 30 June 2025, loans to related parties include:

• a strategic loan made to Cricket Tasmania with repayments of $2,000,000 due in full by 30 June 2026 (2024: $2,000,000).

a loan arrangement has been entered into with an associate member with a repayment date of 31 August 2028. Due to the current financial position of the associate member, Cricket Australia has fully impaired the amounts receivable from the associate member as at 30 June 2025. This impairment will be reviewed annually and reassessed based on the associate member’s financial capacity to make repayments in future years. These loan arrangements are interest free with the respective parties.

Cricket Australia

Notes to the financial statements

9 DERIVATIVES

The Company has the following derivative financial instruments in the following line items in the statement of financial position:

In the year ended 30 June 2025, there was no unrealised gain/loss (2024: nil) in forward exchange contracts transferred to the statement of comprehensive income.

From time to time, the Company enters into derivative financial instrument contracts to mitigate foreign exchange risk in respect to overseas revenues in accordance with the Company’s financial risk management policies. The Company has assessed the contracts for hedge effectiveness with the deferred gain in relation to those contracts assessed as effective hedges recognised in the hedging reserve at balance date, in accordance with accounting policy 1(k). The contracts are timed to mature when revenues are due to be received and are treated as cash flow hedges.

Cricket Australia

Notes to the financial statements

As at 30 June 2025, trade and other payables include amounts due to Members of $1,832,367 (2024: $2,365,255).

12 REVENUE RECEIVED IN ADVANCE

Cricket Australia

Notes to the financial statements

*Non-current other provisions represent a carried forward balance from the settlement of the 22-23 MOU period.

Player payments adjustment

The Company entered into an arrangement with the Australian Cricketers’ Association which entitles professional cricketers to a certain share of Australian Cricket Revenue (ACR) as part of a five year agreement to 30 June 2028, with settlement expected in October 2028.

This share consists of a guaranteed percentage plus a performance percentage. A provision for player payments is recognised at 30 June 2025.

14 NON-CURRENT LIABILITIES – BORROWINGS

The Company has renewed its Facility Agreement with National Australia Bank for $70m, for a five-year period until 30 June 2030.

15 CAPITAL

The Company is incorporated as a company limited by guarantee. Under its constitution, the liability of Members is limited to $1,000 per Member and the Board cannot declare a dividend to Members, however grants may be made in accordance with the By Laws.

Cricket Australia Notes to the financial statements

16 OTHER RESERVES AND ACCUMULATED FUNDS

(a) Other reserves

(i) Nature and purpose of other reserves

It is the policy of the Company to enter into foreign exchange forward contracts to manage the foreign currency risk associated with anticipated media and broadcasting revenue out to 2028. Basis adjustments are made to the initial carrying amounts when the anticipated purchases take place.

The Company has entered into licensing agreements to media and broadcasting agreements. The Group has entered into foreign exchange forward contracts to hedge the exchange rate risk arising from these anticipated future transactions. It is anticipated that the revenue will be recognised over the next 5 financial years, at which time the amount deferred in equity will be reclassified to profit or loss.

The hedging reserve is used to record the deferred gains on effective cash flows as described in note 1(j).

(b) Accumulated funds

Movements in accumulated funds were as follows:

Funding paid to Members has been recognised in accordance with the accounting policy disclosed in note 1(q).

Cricket Australia Notes to the financial statements

17 REMUNERATION OF AUDITORS

During the year the following fees were paid or payable for services provided by the auditor of the parent entity, Cricket Australia, its related practices and non-related audit firms:

(i) Audit and other assurance services

Deloitte Touche Tohmatsu are the auditors of Cricket Australia.

The Other Services – tax compliance, were provided by Deloitte Touche Tohmatsu LLP, India.

The Other Services – feasibility study, were provided by Deloitte SRT Pty Ltd.

18 CONTINGENCIES

The Company had no contingent liabilities at 30 June 2025 (2024: nil).

19 COMMITMENTS

Capital commitments

The Company had no capital commitments contracted at 30 June 2025 (2024: nil).

Cricket Australia Notes to the financial statements

30 JUNE 2025

20 RELATED PARTY TRANSACTIONS

(a) Directors

The names of each person who were Directors of the Company at any time during the financial year are as follows:

S Adam-Gedge, M B Baird AO, R J Freudenstein, J R Orchard, V A Guthrie AO, L J Henderson, D L Maddocks, G J Rowell, C Smith, D C Boon, P J Green.

(b) Key

* Cricket Australia changed the individuals deemed to have authority and responsibility for planning, directing and controlling the activities during the year ended 30 June 2025.

(c) Payments to and from Members

In accordance with the Company’s By-Laws, payments are made to Members to fund the fulfilment of strategic objectives across Australian Cricket. The levels of funding to Members are set-out per the funding agreements. Additional funding, is provided in recognition of profits Members would have generated from individual activities.

The Company undertook transactions with each of the Members during the year in the normal course of business.

As at 30 June 2025, the Company has forecasted that it will provide funding to Members in the 2025-26 financial year of $198,494,905 (2024: $189,530,859).

21 EVENTS OCCURRING AFTER THE REPORTING PERIOD

No matter or circumstance has occurred subsequent to year end that has significantly affected, or may significantly affect, the operations of the Company, the results of those operations or the state of affairs of the Company or economic entity in subsequent financial years.

Cricket Australia Directors’ Declaration

30 JUNE 2025

IN THE DIRECTORS’ OPINION:

(a) the financial statements and notes set out on pages 42 to 61 are in accordance with the Corporations Act 2001, including:

(i) complying with Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements, and

(ii) giving a true and fair view of the entity’s financial position as at 30 June 2025 and of its performance for the financial year ended on that date, and

(b) there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable,

This declaration is made in accordance with a resolution of the Directors.

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.