2014 MCRI Financial Report

Financial Report

20 14

World renowned for its research into infant, child and adolescent health, our world-class team of 1500 researchers is dedicated to making discoveries to prevent and treat common and rare childhood conditions. We also collaborate with teams nationally and internationally to answer child health problems quickly and to make an even greater impact on the health of children around the world.

Today the health of children is challenged by issues such as obesity, allergies, diabetes, cancer and mental health. As the largest child health research institute in Australia, Murdoch Childrens is well positioned to make ground-breaking discoveries and translate them into treatments and cures to help ensure current and future generations of children are healthy.

2014 Financial Report MURDOCH CHILDRENS 1

CONTENTS 01

FINANCIALS AT A GLANCE

03

STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2014

05

STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2014

07

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2014

09

MAJOR DONORS

10

EVENT SPONSORS & PRO BONO MAJOR CORPORATE PHILANTHROPY

11

DONORS

13

ESTATES & BEQUESTS

Murdoch Childrens Research Institute Financials at a glance

Donations, fundraising & bequests 11 Clinical services

Finance income

%

3%

22%

Contract research & clinical trials

7% 7%

Revenue

Other research income

Government & other research grants 50%

2014

2013

$ (Mil)

$ (Mil)

REVENUE Government and other research grants

Clinical services

24.29 23.44

Donations, fundraising and bequests

11.91 7.00

Finance income

3.86 3.68

Contract research and clinical trials

8.32 8.90

Other research income

Total Revenue

111.69 104.55

We are grateful for the support of the Victorian State Government’s Operational Infrastructure Support Scheme

1 MURDOCH CHILDRENS Financial Report 2014

55.82

51.53

7.49 10.00

2% Fundraising Clinical services

20%

Administration

7% 11%

Facility, technical & scientific services

Expenditure Research expenditure

60%

2014

2013

$ (Mil)

$ (Mil)

EXPENDITURE Research expenditure

Clinical services

22.31 22.58

Fundraising

1.64 1.31

Administration

7.69 7.21

Facility, technical and scientific services

11.71 12.05

Total Expenditure

108.71 102.36

65.36

59.22

2014 Financial Report MURDOCH CHILDRENS 2

Murdoch Childrens Research Institute and its controlled entities Statement of Comprehensive Income for the year ended 31 December 2014 CONSOLIDATED

THE COMPANY

2014

2013

2014

2013

$

$

$

$

Revenue from research and clinical activities

93,877,155

72,623,306

70,435,550

Depreciation and amortisation

(6,687,969) (5,635,262)

(5,466,186)

(4,817,210)

Other expenses for research and clinical activities

(100,381,193) (95,409,072)

(79,290,234)

(73,650,670)

Surplus/(Deficit) from research and clinical activities

(7,167,179)

(12,133,114)

(8,032,330)

Donations, Estates and Bequest and Fundraising income

11,914,400 6,996,756

11,914,400

6,996,756

Fundraising expense

(1,638,648) (1,310,832)

(1,638,648)

(1,310,832)

Net surplus obtained from Fundraising Activities

10,275,752 5,685,924

10,275,752

5,685,924

Net Finance income/(expense)

3,856,359 3,678,667

3,708,972 3,525,440

Operating surplus for the period 2,976,647 2,197,412

1,851,610 1,179,034

3 MURDOCH CHILDRENS Financial Report 2014

95,913,698

(11,155,464)

CONSOLIDATED

THE COMPANY

2014

2013

2014

2013

$

$

$

$

Other comprehensive income: Items that may subsequently be reclassified to profit or loss:

Net change in available for sale financial assets

Total comprehensive surplus for the period

3,642,054 4,003,973

665,407 1,806,561

665,407 1,806,561

2,517,017 2,985,595

2014 Financial Report MURDOCH CHILDRENS 4

Murdoch Childrens Research Institute and its controlled entities Statement of Financial Position as at 31 December 2014 CONSOLIDATED

THE COMPANY

2014

2013

2014

2013

$

$

$

$

CURRENT ASSETS Cash and cash equivalents

17,714,672

19,340,051

12,085,261

Trade receivables and other assets

11,351,245 11,619,861

8,497,293

9,261,847

Other investments

20,918,395 20,448,472

20,358,217

19,898,336

Total current assets

58,728,301 49,783,005

48,195,561 41,245,444

Trade receivables and other assets

63,048,660

61,707,199

63,048,660

Other investments

41,587,358 38,826,385

41,587,358

38,826,385

Property, plant and equipment

17,773,546 17,766,105

14,198,218

14,246,447

Total non-current assets

121,068,103 119,641,150

117,492,775 116,121,492

Total assets

179,796,404 169,424,155

165,688,336 157,366,936

26,458,661

NON-CURRENT ASSETS

5 MURDOCH CHILDRENS Financial Report 2014

61,707,199

CONSOLIDATED

THE COMPANY

2014

2013

2014

2013

$

$

$

$

CURRENT LIABILITIES Trade and other payables

Employee benefits

10,841,739 10,082,282

Total current liabilities

45,236,417 38,823,948

39,100,986 33,510,649

Employee benefits

1,384,901 1,170,855

Total non-current liabilities

1,739,128 1,421,402

Total liabilities

46,975,545 40,245,350

40,485,887 34,681,504

Total assets

132,820,859 129,178,805

125,202,449 122,685,432

Accumulated funds

123,018,948 121,167,338

Fair value reserve

2,183,501 1,518,094

2,183,501

1,518,094

Translational Research fund

39,545 39,545

-

-

Total members’ funds

132,820,859 129,178,805

125,202,449 122,685,432

34,394,678

28,741,666

32,076,377 27,427,830 7,024,609

6,082,819

NON-CURRENT LIABILITIES 1,739,128

1,421,402

1,384,901

1,170,855

MEMBERS’ FUNDS 130,597,813

127,621,166

2014 Financial Report MURDOCH CHILDRENS 6

Murdoch Childrens Research Institute and its controlled entities Statement of Cash Flows for the year ended 31 December 2014 CONSOLIDATED

THE COMPANY

2014

2013

2014

2013

$

$

$

$

CASH FLOWS FROM OPERATING ACTIVITIES Patient fees

16,537,981

-

-

Government and other grants received

67,079,570 63,693,281

59,515,121

55,272,200

Donations received

11,917,436 7,003,088

11,914,400

6,996,756

Interest received

972,162 911,563

853,499

791,563

Other receipts

15,260,356 15,899,723

17,210,356

17,779,728

Advances to (from) related parties

- -

434,068

(527,302)

Cash paid to suppliers and employees

(100,705,803) (95,423,171)

(79,574,731)

(74,774,669)

Net cash provided from/ (used in) operating activities

13,090,641 8,622,465

10,352,713 5,538,276

18,566,920

CASH FLOWS FROM INVESTING ACTIVITIES Investment income received

328,752 411,693

300,028

398,845

Proceeds on sale of investments (1)

-

6,577,632

Acquisition of property, plant and equipment

(5,353,949) (3,964,319)

(4,076,496) (3,020,574)

Acquisition of investments

-

(8,136,005)

Net cash provided from/ (used in) investing activities

(3,776,468)

(4,180,102)

7 MURDOCH CHILDRENS Financial Report 2014

- 6,577,632

- (8,136,005) (5,025,197)

(5,110,999)

CONSOLIDATED

THE COMPANY

2014

2013

2014

2013

$

$

$

$

CASH FLOWS FROM FINANCING ACTIVITIES Repayment of borrowings

Net cash used in financing activities

- -

- -

Net increase/ (decrease) in cash and cash equivalents

8,065,444 3,511,466

6,576,245 1,358,174

Cash and cash equivalents at 1 January

17,714,672

13,709,229

12,085,261

10,233,110

Effect of foreign exchange on opening cash balances

678,545

493,977

678,545

493,977

Cash and cash equivalents at 31 December

-

-

26,458,661 17,714,672

-

-

19,340,051 12,085,261

(1) Relates to transfer of funds to/from investment managers and excludes cash flows from acquisitions and disposals of investments made by external fund managers.

2014 Financial Report MURDOCH CHILDRENS 8

Donors Major donors

Andrea Joy Logan Trust Fund Mr Christopher & Ms Melissa Goode Australian Camps Association Australian Communities Foundation Sir James Balderstone Ballandry Fund Beck Family Foundation Bellwether Foundation Mr & Mrs Daniel & Danielle Besen Mr & Mrs Graham & Robyn Burke Mr John Calvert-Jones AO & Mrs Janet Calvert-Jones AO Calvert-Jones Foundation The Cameron Family Foundation The Campbell Edwards Trust Cancer in Kids Auxiliary (CIKA) Mr & Mrs Mark & Lisa Chiba Children’s Cancer Foundation Mr Leigh Clifford AO & Mrs Sue Clifford

Mr Ian Kennedy AM & Dr Sandra Hacker AO Kilwinning Trust Mr & Mrs Craig & Connie Kimberley The Kimberley Foundation Miss Marj Lefroy Dr & Mrs George & Joan Lefroy Mr Sam Riggall & Ms Nichola Lefroy Ms Cassy Liberman & Mr Ben Krasnostein Limb Family Foundation Mr John Brian Little Macquarie Group Foundation The Magdalene Foundation The Miller Foundation Muscular Dystrophy Australia Cr Ken Ong & Ms Lin Ong Mrs Roslyn Packer AO Mr & Mrs Rowly & Judy Paterson

Collier Charitable Fund

Ms Joyce Phillips

Mr Laurence G Cox AO & Mrs Julie Ann Cox

Pierce Armstrong Trust Mr Anthony Pratt & Ms Claudine Revere

The Hon. Mrs Ashley Dawson-Damer AM

RCH1000

DHB Foundation

Red Kite

Mr Stephen Farmer & Professor Amanda Fosang

Royal Children’s Hospital Foundation

Ms Katrina Fox

Mr & Mrs Gerry & Valerie Ryan

Mr & Mrs Lindsay & Paula Fox The Fox Family Foundation Galexer Mr & Mrs Michael & Helen Gannon Geoff & Helen Handbury Foundation A/Professor Andrew Heggie The Invergowrie Foundation The Isabel & John Gilbertson Charitable Trust

Mr Adam Ryan Mrs Pamela Sargood The Scobie & Claire Mackinnon Trust A/Professor Joe Smolich Mrs Teresa Smolich Stafford Fox Medical Research Foundation Steven Walter Children’s Cancer Foundation The Sunraysia Foundation

The Isabella & Marcus Paediatric Brain Stem Tumour Fund

Professor Alasdair Vance

Jeffrey & Helen Mahemoff Endowment

Mr & Mrs Lloyd & Susie Williams

Mr David Jenkins & Ms Fran H Lefroy The John & Myriam Wylie Foundation The John Barnes Foundation

Vincent Chiodo Charitable Foundation The Wolf Foundation Mr Jason Yeap OAM & Ms Min Lee Wong

9 MURDOCH CHILDRENS Financial Report 2014

Event sponsors & pro bono

Major corporate philanthropy

Ace Radio Broadcasters

Australian Care and Trauma Services Inc.

Buzz Products

Big W

City of Melbourne

BUPA Australia

Coates Hire

Buzz Products

Cotton On Kids

CAF Community Fund

FOXTEL

Count Charitable Foundation

Fox Sports Pulse

Federation of Chinese Associations Incorproated

Giant Inflatables Grandiflora Harry the Hirer Hatched Media Herald Sun Interprop Investments IOOF Kwik Kopy Braeside Leader Community Newspapers News Corp Nova Entertainment oOh! Media Group Pages Event Equipment

Fight Cancer Foundation FOXTEL News Corp Outdoor Council of Australia Parmalat Thalassaemia Australia Inc Thalassaemia Society of New South Wales Tour de Cure Victorian Medical Insurance Agency Limited Opera Australia

Parmalat Seek.com Splitrock Village Roadshow Limited Wingate Group Yabby Lake Wines

2014 Financial Report MURDOCH CHILDRENS 10

Donors A Mr & Mrs James & Anna a’Beckett Mr Bruce Abbott Elizabeth Aickin Aidan & Oliver Biggar Cystic Fibrosis Fund Alex Perry Ms Laura Anderson Audi Penfold

Mr & Mrs Peter & Jan Clark

The Good Guys Foundation

Mr & Mrs M & C Clough

Mrs Louise M Gourlay OAM

Mrs Carole Coad

Mr & Mrs Ross & Josephine Green

Mr & Mrs Trevor & Heather Cohen

Mrs Elaine Greenhall

Mr & Mrs John & Christine Collingwood

Mr Peter H Greenham

Mrs Helen M Collis

Mrs Rosemary A Griffith

Ms Carolyn Comito Mr Vincent Comito

Mr Tim Aurel-Smith

Ms Sharon Cowin

B

D

Mr & Mrs Marshall & Judy Baillieu Mr & Mrs Angus & Ariane Barker Mr Peter Barnett Ms Edwina Bartholomew Mr & Mrs Michael & Melissa Bartlett Mr & Mrs Paul & Sharon Bassat Bay Road Nursery Mrs Gillian Beaurepaire Mr & Mrs Albert & Nyra Bensimon Dr Bligh Berry BHP Billiton Bio Tools

Mrs Susan Dahlsen Mrs June Danks A/Professor Andrew Davidson Ms Lara Davis Dr Charles Day & Ms Elise Everest Dr Annette Domanti Mr Denis Dowty

E The E Kornhauser Charitable Foundation Mr & Mrs Luke & Simone Edgley Mrs Meredith Evans

Ms Kirsty Bloore

Eyecare Plus

Mr & Mrs Brian & Helen Blythe

F

Maureen Booker Mr Stuart Boxer Mr & Mrs Malcolm & Janet Brodie Mr Paul Brotchie

C Mr Nicholas Callinan Carey Baptist Grammar School

Farstad Shipping Mrs Joan Fell Mr & Mrs Robert & Bernadette Fitzgerald The Flew Foundation Mr Nick Fordham Dr & Mrs John & Diana Frew

Caritas St OSwald’s

G

Mr & Mrs Barry & Suzi Carp

Ms Neilma Gantner

Mr Steven Casper & Ms Ilana Wald

Mr & Mrs Ross & Judith Gardner

Mr Michael Cassel

Mr & Mrs John & Gaye Gaylard

Mr Timothy Chambers

Mr & Mrs Raphael & Fiona Geminder

Professor Andy Choo

Ms Julie Gibbs

Mr & Mrs Vincent & Mui Khim Chow

Mrs Sonia Gilderdale

11 MURDOCH CHILDRENS Financial Report 2014

Mr Paul Grifa

H Mr Maurice E Hall Mr Reg Hall Mr & Mrs Kevin & Sue Hannan Ms Gillian Harrex Mr & Mrs Martin & Kristin Haskett Mr & Mrs Geoffrey & Dorothy Heeley Mr Solly Hendler Mr & Mrs William & Rea Hodgson Mrs Debra Holmes Mr & Mrs Patrick & Susan Houlihan Mr Timothy Hovey Ms Gillian Hund Mr Darvell M Hutchinson AM Professor John Hutson Mr & Mrs Rob & Rosemary Hyde

J Mr & Mrs Guy & Karin Jalland Mr & Mrs Craig & Toni Joel John P McPhee & Associates Miss Alyssa Jones

K Mrs Dorothy Karpin Mr Nicholas Kee Mr & Mrs Larry & Sophie Kornhauser

L Mr John Landy AC CVO MBE & Mrs Lynne Landy Mr & Mrs Mark & Frederika Laurie Mrs Jennifer Lempriere Ms Denise Livingstone Ms Jocelyn Lovegrove

M Macarty & Norris Smash Repairs Ms Christine MacGill Maitland High School Marriner Group Ms Edwina McCann Mr & Mrs John & Julie McPhee Mercedes Benz Metro Gallery Manju Mittal Mr & Mrs Dean & Kate Mohr Monash Parkville Postgraduate Association Mr Baillieu Myer AC & Mrs Sarah Myer Mr Rupert Myer AM & Mrs Annabel Myer

N NAB Ms Carly Neish Dr Philip Neri Mr John Nolan NSW RSL Lawn Bowling Association Zone 11 Mrs Genevieve Nunan

O Cr Ken Ong & Ms Lin Ong

Mr Grahame Pratt

Mr & Mrs Rodney & Donna Ravenscroft Ms Helen Reed

Mr & Mrs John & Michelle Valmorbida Victoria Law Foundation Vodafone Foundation Australia

Mrs Margaret Reid

W

Professor Sheena Reilly & Mr Paul Bethell

Wavelength International

Mrs Sue Ritchie

Mr Kelvin Wearn

Mr Michael Robinson AO & Mrs Judith Robinson

Mrs Heather Whee Ms Georgia Widdup

Mrs Belinda Roper Dr & Mrs Paul & Gay Rosen

Mr & Mrs Bruce & Christine Wilson

S

Mrs Nancy Wood

Mr & Mrs Ron & Joan Wilson

S H Stuart & Hunt

Y

The SANDEL Foundation

Mr & Mrs Edward & Mandy Yencken

Miss Carly Shaw Short Statured People of Australia

Z

Mr Leon Skaliotis Professor Richard Smallwood AO & Mrs Carol Smallwood

Mr Peter Zwar

Mr & Mrs Graham & Annette Smorgon

Donations of $500 and more are listed.

Mr & Mrs Rodney & Ann Smorgon Lady Marigold Southey AC

Mr Matthew Starick

Mrs Natalie Palmer

V

Ms Sylvia Ralston

P Ms Maria Paikos

Mr & Mrs Patrick & Margaret Upfold

RACV Club

Specialist Clinic Pharmacy

Mr & Mrs Arthur & Heather Paikos

UniSuper Management

R

Ms Gillian Ormond

Paediatric Integrated Cancer Service

U

Lady Primrose Potter AC

Mr Neil Spitzer STAUFF Corporation Mr & Mrs Grant & Terri Stephenson

T

Mrs Margaret Partridge

Mr & Mrs Gregory & Janice Taylor

Professor David Penington AC & Dr Sonay Hussein

Telstra Mr Stephen Thatcher

Ms Sophie Pennington

Ms Marie Thiele

The Peter Isaacson Foundation

Mr & Mrs Peter & Debbie Thomas

Plastics Pioneers

Ms Bernadette Thorley

Portico No2

Mr Huu H Tran Quyen Tran 2014 Financial Report MURDOCH CHILDRENS 12

Estates & bequests Estate of Nance Elizabeth Creaton Estate of Olive Pond Estate of LI Roach Estate of Margaret Wilby Estate of Gwenda Ann Wilson

In memory of Greg Fountain

In memory of Ann Kelleher

In memory of Indiana Orlando

Ms Robyn Ferguson

In memory of Caroline Cronk S2SL

In memory of Claire Cook Miss Ashlen Harrop

In memory of Clementine Whinney Mrs Anne Whinney

In memory of Derek Philpott Mrs Lisa Forbes

In memory of Dot Miekle Mr & Mrs William & Joann Meikle Sylvania Tai Chi

In memory of Dr Anthony Hill Mrs Sara Chooi Dr Malcolm Dodd The Hony Family Mrs Soumela Horomidis Mrs Ann Rogers Mr & Mrs John & Sandy Smith Mr Ronn Taylor Dr Aovana Timmerman

In memory of Dr Robert M McAlister Mrs Robyn McAlister

In memory of Elizabeth Hassell Mrs Dinah Krongold

In memory of Emma Ritchie Mrs Sue Ritchie

In memory of Fred Romeo Mr Guy Romeo

Mr Thomas King

In memory of Hope Brook Neil Mr & Mrs Peter & Rachel Neil

Mr & Mrs Ross & Judith Gardner

In memory of Jake Bond Ms Kerrie County

In memory of John Alexander (Jack) Edney Mr Stephen Giles Ms Judy Jessop Mrs Marie Rundell Ms Juiliet Tilson Mrs Dorothy Timmins Mr David Wood

In memory of Joy Tohill Mr Anthony Tohill

In memory of Lachlan Barit Dr Patrishia Bordbar

In memory of Levi McCormack Mrs Renee Adam Mr Lane Archibald Mrs Kaylene Baretta Ms Maggie Beer Mr Max Bosotti Mrs Ingrid Bracken Mrs Carol Brassett Miss Rebecca Chance The Church Of Jesus Christ of Latter-day Saints Australia Mr Glen Crosbie Ms Dianne Dayhew Ms Melissa Devsam Ms Anne Dooley Mrs Leisa Earngey Mrs Renee Fogg Professor Richard Gerlach Mr David Gillies Ms Lisa Gorey

13 MURDOCH CHILDRENS Financial Report 2014

Ms Joedy Gray Mr Roger Gray Ms Kathy Harrison Miss Rebecca Howard Ms Nicole Humphries Miss Danielah Iacono Mrs Bernice Johnson Mrs Fiona Jones Ms Erin Karsten Kenthurst Preschool Mrs Fiona Larin Ms Choo Gim Lee Miss Tyra Levison Ms Deborah Maddigan Maitland High School Miss Tatian Makarenko Mr Ahmad Marji Mr Fletcher Marquet Ms Hope McGarry Manju Mittal Mrs Tracy Painter Mrs Natalie Palmer Mrs Janine Perrett Mrs Margaret Phelan Mrs Samantha Redhead Mrs Lauren Richardson Miss Samantha Robertson Rouse Hill Public School Mrs Caroline Rumore Ms Christine Schubert Mrs Diane Smith Mrs Linda Smith Specialist Clinic Pharmacy Ms Naomi Stewart Mrs Jodi Stringer Mr Wai Suen Mr & Mrs John & Noleen Swift TalentConnection Mrs Heather Tedstone Toshiba Australia Ms Michelle Trembath Mrs Kylie Tsa Miss Liesel Wakeley

In memory of Lillian May Watts Mr & Mrs John & Wendy Miles Ms Irene Rippingale

In memory of Matthew Paikos Ms Maria Paikos Mr & Mrs Arthur & Heather Paikos

In memory of Michael Filippone Ms Linda Amato Mr & Mrs Vito & Aurora Amato Ms Anna Anastasiou Mr Ken Bartlett Ms Joanne Basilone Mr & Mrs Julian & Susie Battistella Mr Mark Betts Mr & Mrs Terry & Molly Birch Mr Neil Braybrook Mr & Mrs Nino & Lucia Brumale Mr & Mrs E & I Brumale C Carmela Mr & Mrs Angelo & Santina Cataldo Vita Cesile & Lidia Ziccarello Ms Emily Craig S De Petro F & L DePetro Mr & Mrs G & M Dimauro V Failla Ms Rosa Fazzari C & G Ficarra Mrs Joanne Filippone Mr & Mrs S & A Frazzetto Mr & Mrs Jack & Tina Furci Ms Rose Garra Mr Salvatore Giampiccolo G R Guzzardi Guzzardi Fine Foods Ms Melinda Hall Interact Marketing Mr Con Ippolito Ms Giovanna Kusanic Mr John Lamicela Ms Tuyet-Anh Le Ms Maria Lentini Mr Antonino Licciardello Mr Frank Lombardo Mr & Mrs John & Sam Lykopolos Ms Marilyn Maggiore Mr Franco Mangano S & G Mangano Ms Angela Maraventano Marcus Constructions

Mr & Mrs Joe & Rina Milana Mr & Mrs Carlo & Maria Milana Mr & Mrs Gerald Milana Mr & Mrs Maurizio & Lisa Muccio Mr & Mrs Scott & Maria Nicey Mr Vito Pappa Mr Gregorio Pappa Mr Vito Paterno Mr & Mrs Gregorio & Melina Paterno Mr & Mrs Geoff & Mira Riddle Mr & Mrs Dominc & Giovanna Roperto Mr & Mrs N & S Sacco Mr & Mrs Don & Vitina Santilli Mr & Mrs Adam & Diana Santilli Mr & Mrs Giovanni & Lina Scacco T Silluzio Mr & Mrs Tony & Carmel Singarella Mr & Mrs John & Nina Singarella Mr & Mrs S & M Singarella Mr Russell Smith FG Sortino Ms Angela Srour Ms Vita Stancati S V Terlato Mr Silvano Tivisini A & M Tota Mr & Mrs Chris & Jo Tsakmakis F Tuan G & F Tuccio Ms Sabina Turco Mr Sam Ventura Mr Giuseppe Ventura Mr & Mrs Charles & Rosetta Vraca Ms Roza Zileski Mr & Mrs Beau & Marie-Anne Zlatkovic

Mel Murphy Mrs Santi Sherry Mrs Deanne Sutherland Ms Denise Turcinor Mrs Lisa White

In memory of our little brk.

Dr Tom Rowlands

In memory of Paul Kilrane Mr Raymond Kilrane

In memory of Phillip George Beaumont Mr & Mrs R & Irene Brown

In memory of Raewyn Phillis Biggar Mr Colin Chipperfield Mrs Pamela Muddiman Mr & Mrs Paul & Petra Taylor

In memory of Scarlet Soutar Ms Jennifer McMartin

In memory of Shaun Nicholas Martin Mr & Mrs Ken & Irene Redman

In memory of Sian Claire Wilson Estate of Gwenda Ann Wilson

In memory of Mrs Marr Mrs Gay Ross

In memory of Ollie Jack Schram Ms Sarah B Ms Kayleen Fisk Mrs Colleen Henderson Ms Louise Johnson Mr Steven King Mr Brett Matthews Mrs Ann McCann Mrs Natalie McPherson 2014 Financial Report MURDOCH CHILDRENS 14

In celebration of Alison Anh Ho’s Birthday

In celebration of Coco Sable’s Bat Mitzvah

Mrs Quyen Pham Mr Trung Le Ho

Dr Andrew Pepicelli Mr & Mrs Michael & Vanessa Herskope

In celebration of Chloe Hamersfeld’s Bat Mitzvah

In celebration of Dion Zilic’s Christening

Mr & Mrs Albert & Nyra Bensimon Mrs Pamela Czarny Ms Michelle Meisels Ms Natalie Cooper Oded Kleifeld Mrs Hayley Krongold Mrs Leisl Leighton Dr Karin Leder Mrs Natasha Mitsel Ms Kate Davis Mrs Karolin Freedman Ms Katie Vidor Miss Cassie Ossip Mrs Suzanne Hendel Mr Robert Minc Ms Janett Egber Mr & Mrs Alan & Roxanne Kozica Dr & Mrs Morry & Jeneatte Dvash Mr & Mrs Gideon & Debbie Poratt Ms Joanne Star Mr & Mrs Gary & Kerryn Velleman Mr & Mrs Simon & Jane Hayman Mr Steven Casper & Ms Ilana Wald Mr & Mrs Glen & Natalie Sheezel Mr & Mrs Tony & Jennifer Smorgon Mr & Mrs Barry & Suzi Carp Mr Andrew Rettig & Mrs Amanda Briskin-Rettig Ms Emma Rosenberg Mr & Mrs Mark & Amanda Gardy Mr & Mrs Brandon & Davina Chizik Mr & Ms Richard & Danielle Davies Mr & Mrs Zac & Rebecca Fried Mr & Mrs Raphael & Fiona Geminder Mr & Mrs Daved & Karen Lambert Dr & Mrs Larry & Sally Benge Mr & Mrs Tony & Kate Beaconsfield Mr & Mrs Tim & Romy Bursztyn Mr & Mrs David & Sally Casper Dr & Mrs Danny & R Ben-Eli Mrs Gretchen Grodski Mr & Mrs Jonathan & Kelly Gelfand

Mr & Mrs Francesco & Margaret Schiavone

In celebration of Gabriel Harris’s Bar Mitzvah Mr & Mrs Tony & Jennifer Smorgon

In celebration of the birth of baby girl Aarons Mrs Kati Tribe Monica Patterson

In celebration of Jade Swiatlo’s Bat Mitzvah Mr Noah Bajayo Miss Jaye Blumenthal Mr Lachlan Durra Miss Isabella Ehrlich Mr Benjamin Goldberg Mr Declan Joseph Eli Kalifa Mr Jonah Katranski Mr Braydon Lustig Mr Benji Malkinson Mr Samuel Rosen Miss Coco Sable Miss Ashira Silverstone Mr Saul Tanne Miss Jaimee White Miss Amber Berkowitz Miss Ashleigh Krawitz Miss Gemma Ludski Mr & Mrs Dean & Ellie Smorgon Mr & Mrs Mark & Susannah Swialto Mr & Mrs Richard & Danielle Davies Mr & Mrs Cohen Efron Family Foundation Mrs Samantha Nagel Mrs Lara Jankelowitz Ms Michelle Herring Mrs Jacqui Felbel Mrs Sharon Simon

15 MURDOCH CHILDRENS Financial Report 2014

Mr Ezra Adno Michelle Reichenberg

In celebration of Nicholas Joel’s Bar Mitzvah Mr & Mrs Ross & Gina Copeland Mr & Mrs Eric & Carli Cohen The Tony & Gwenyth Lennon Family Foundation Mr & Mrs Greg & Sarah Sharman Ms Vicki Kagan & Mr Tonny van Haarstert Ms Sonia Brodman & Mr Samek Rychter Ms Maree Wray Mr & Mrs Moshe & Norah Elkman Mr & Mrs Justin & Galit Ben-David Mr & Mrs Jack & Tess Lloyd Mr Scott Llewelyn Mr & Mrs Brian & Natalie Hamersfeld Mr & Mrs Peter & Kim De Winter Mr Andrew Vidor & Ms LJ Ryan Mr & Mrs Mark & Amanda Gardy Mr & Mrs Barry & Suzi Carp Mr & Mrs Mark & Jodie Holckner Mr & Mrs Raphael & Fiona Geminder Mr & Mrs Norman & Pauline Bloom Mr & Mrs Tony & Kate Beaconsfield Mr & Mrs David & Amit Holckner Mr & Mrs Avi & Sandy Waislitz Mr & Mrs Jacob & Debbie Weinmann Mr & Mrs Grant & Debra Cohen Mr & Mrs Quentin & Amanda Miller Mr & Mrs Peter & Emma Robenstone Mr & Mrs Tony & Helen Gandel Mr & Mrs Craig & Toni Joel Mr & Mrs Stephen & Lisa Jolson Mr & Mrs Wayne & Galit Krongold

In celebration of Sophie Sprott’s Christening Mr Tim a’Beckett

In celebration of Alexander Cornish and Stephanie Kroger’s Wedding Mr Darren Burton & Mrs Joanna Iwaniw Miss Kate Lehane Mrs Phoebe McComas

Mrs Linda Kerr Mr & Mrs Ross & Josephine Green Mr & Mrs Martin & Kristin Haskett Mrs Jennifer Lempriere Ms Annabelle Eaton Mrs Máire Forster Miss Louise Westle Mrs Susan Brookes Mrs Stephanie Russell Miss Stephanie Kelaher Mr David Inglis Mr Mark Wilmot Mrs Annemieke Gamser Mr & Mrs Jonathan & Jane Roberts Ms Rebecca Brown Mr & Mrs Stewart & Wendy Westle Elizabeth Aickin Mr & Mrs Nicholas & Melissa Myer Dr Neil Vallance Miss Isabella Curtis Miss Sophie Ahern Ms Kellie Manton Miss Jessica Trezise Ms Elliet Spring Mr & Mrs Michael & Helen Gannon Mr Graeme Samuel AC & Mrs Jill Samuel Mr Andrew Kitchen Mr Ryan Kagan Mr Tim Aurel-Smith Mr & Mrs Guy & Karin Jalland Mr & Mrs John & Lisa Steven Mr & Mrs John & Michelle Valmorbida Mrs Helen Ingram Mr Adrian Cannata

In celebration of Jan Parsons’ Birthday Mrs Tania Newcombe

In celebration of Jeffrey Mahemoff’s Birthday Mr & Mrs Leon & Viv Serry Mr & Mrs Stephen & Betty Briggs Mr & Mrs David & Rhonda Jacobson Mr & Mrs Bori & Helen Liberman Mr & Mrs Barry & Kaye Fink Mr & Mrs Joe & Pam Bursztyn

In celebration of Lyndall Rosengarten’s Birthday Mr Mervyn Silverstein

In celebration of Simon Ash’s Birthday Mr & Mrs Peter & Rosie Hersch

In celebration of Cassy Liberman’s Birthday Mrs Gina Samuels Mr Ion Teska & Ms Monique Rosshandler Mr & Mrs Tal & Victoria Goldman Mr & Mrs Michael & Shanit Borsky Ms Eshell Baron

In celebration of Jade Swiatlo’s Bat Mitzvah Tony Gordon Mrs Andrea Golshevsky 2014 Financial Report MURDOCH CHILDRENS 16

Thank you to our corporate partners which supported us in 2014.

Our corporate partners provide significant financial support for our research as well as helping promote the Institute to new audiences.

Philanthropic funding from organisations allows us to seed fund new ground breaking research into the big health issues currently affecting Australian children.

For further information visit www.mcri.edu.au/get-involved/corporate

Tomorrow’s cures need your donations today You have the power to help the Murdoch Children Research Institute save kids’ lives. With your support, our researchers can continue to discover cures for conditions including diabetes, cancer, allergies, premature birth, obesity and genetic conditions. Donate today.

1300 766 439 | www.mcri.edu.au

Murdoch Childrens Research Institute The Royal Children’s Hospital Flemington Road, Parkville Victoria 3052 Australia Phone +61 3 8341 6200 Fax +61 3 9348 1391 www.mcri.edu.au ABN 21 006 566 972