ANNUAL REPORT 2022–2023
Image by Jason Savill 2 image by David Sickerdick Cover
Heading
CONTENTS Chair Report .......................... 4 Governance ...........................5 CEO Report ...........................7 Flight Operations .................. 9 Airworthiness and Maintenance .......................10 Safety ..................................11 Training Development ........12 News ...................................13 Pilot Certificates .................15 Statistics .............................19 Financial Statements .........23 3
Chair Report non-interest bearing cash holdings to more fruitful investments that will earn a return for members. On the surface it appears that our cash position has declined by the same amount, however, closer examination of the full set of accounts reveals a more robust financial story. We have also had long serving staff leave the organisation which has resulted in payouts of significant employee entitlements, a statutory obligation that exists at law and one that cannot be avoided. In the face of these changes and the broader economy wide conditions, we still achieved a modest financial deficit for the year.
The financial year has been an odd one and one that has presented us with some significant organisational challenges. Perhaps the most significant of these has been the economic circumstances we have faced in the previous twelve months. With inflation running at highs we have not seen in many decades, residual conditions from a global pandemic and global political instability, the economic landscape is one that has not been faced for generations. For an organisation, this has seen us face increasing cost pressures, declining patronage for schools and reducing discretionary spending across the economy. RAAus remains stable in the face of these issues, however, we are not immune. Our offerings continue to face cost pressures like most other aspects of consumer spending and internally, our staff face similar tests in terms of cost-of-living increases. Despite this, the frugal management of finances from the team has seen a sound financial performance for the year. The team has diversified our investments to include a shift of some $1.4m away from
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The board has monitored this position and will continue to track progress on investments as well as against our strategic plan which sets out to further diversify income streams. The plans put in place in the financial year just passed will see more expenditure on strategic items to achieve positive long-term outcomes for the coming 5 to 10 years. It has perhaps never been more important than now to make structural changes to our organisation to ensure it remains viable for the longer term.
“At an operational level we have continued to work towards progress on new privileges for members.” The long-standing pursuit of weight increases remains and access to controlled airspace is also being sought at the same time. While we remain at the mercy of CASA for these items, it is important to note that the team is capable of delivering results in an environment that moves incredibly slowly and can also be quite trying at times. It is a reminder that one of the key benefits that RAAus offers members is the insulation from the challenges of working with CASA while acting on member requests in a timely manner.
In terms of flying activities we have continued our approach of education rather than regulation and remain proud of our record in this area. With only a few standout instances that can be counted on one hand, we have not had to discipline members, revoke or suspend privileges or ground aircraft. CASA is content with our actions which puts us in a position starkly different to what we were in a decade or so ago when our ability to register aircraft was revoked entirely.
We turned 40 years old this year and the plans, team and members that we have today put us in a place that is well regarded across the industry and sets us up well to serve members interests for another four decades.
This record stands as a great recognition of our management team, led by a capable CEO, who have collectively acted to advance our cause.
Michael Monck Chairman
I am proud to present this annual report as a record of our performance during 2022–23 and look forward to RAAus leading the way in general aviation advocacy and services for another year ahead.
Governance Member Communique 26 July 2022 RAAus has recently run its election process for board appointments which commence in November 2022. All in all, we had three vacancies and three nominees (see following for more detail). Having run the process, Eugene Reid and Barry Windle have chosen to stand aside and make way for new directors to join the board. This means we will have Mark Ferraretto and Paul Reddish join us this year to help shape to future of our organisation. Mark has significant experience in IT and law which will help guide us through a range of challenges in coming years. Paul brings with him huge amounts of aviation experience having flown for airlines and now running a very successful RAAus school in Queensland. Both Mark and Paul will be welcome additions to our board and we look forward to them joining our ranks. Trevor Bange renominated and will stay on the board for another three years and we equally welcome his return.
Eugene and Barry have both contributed to the organisation in a dedicated and much appreciated way. Both Directors have been with RAAus through the transition from an incorporated association to a company limited by guarantee, assisted with the transition to an approved Part 149 organisation and weighed in on topics ranging from governance through to operational matters. Eugene has been with RAAus for around 30 years and his dedication to our cause has been valued over the years. On behalf of the board, our management team and our members as a whole, I would like to thank Eugene and Barry for their time, input and professionalism on the board. Michael Monck Chair
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Governance (continued) 2022 Board Election All Members are formally advised of the following in relation to the 2022 Board Election: In accordance with RAAus constitution s36, three Board Directors must retire at the 2022 Annual General Meeting. The Board Director nominations for three Board Director vacancies opened to financial members on 8 June 2022 and closed at 5pm (AEST) on 6 July 2022. The Returning Officer received three nominations by the closing time, all of which were valid and accepted by the Returning Officer.
The 2022 Board Election is therefore declared uncontested and the three nominees are to be elected unopposed to the RAAus Board as Directors effective from the end of the 2022 Annual General Meeting for a term of three years. The three Board Director elects are: • Trevor Bange • Mark Ferraretto • Paul Reddish Matt Bouttell Returning Officer 2022 Chief Executive Officer
No other nominations were received prior to RECREATIONAL AVIATION AUSTRALIA LIMITED or after the nomination period. ABN: 40 070 931 645
DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2023 Meetings of directors The following table sets out the number of meetings of the directors attended by each director. Board Meetings Michael Monck Luke Bayly Trevor Bange
2 Aug 2022 9
27 Aug 2022 9
4 Oct 2022 9
27 Oct 2022 9
25 Nov 2022 9
17 Feb 2023 9
12 May 2023 9
Total Meetings 7
9
9
9
9
9
9
9
7
9
9
9
9
6
9
Eugene Reid
9 9
Barry Windle
9
Andrew Scheiffers
9
9
9
2
9
3
9
9
9
4
9
9
9
9
9
9
7
Mark Ferraretto
9
9
9
9
9
9
6
Paul Reddish
9
9
9
9
9
Simon Ozanne
9
Committee Meetings Barry Windle (ceased from the RAFC Nov 2022) Simon Ozanne Luke Bayly (ceased from the RAFC Oct 2022) Mark Ferraretto
3 Feb 2022
17 Oct 2022
9
9 9
9
9 Feb 2023
5 20 Apr 2023
Total Meetings 2
9
9
3 2
9 9
9
2
Contributions on winding up In the event of the Company being wound up, ordinary members are required to contribute a maximum of $1 6 each. Honorary members are not required to contribute. The total amount that members of the company are liable to contribute if the company is wound up is $11,476
CEO Report people engaged in aviation and are the largest administrator of pilots and aircraft outside of the CASA system.
It’s a great pleasure to present the Recreational Aviation Australia Limited (RAAus) Annual Report for FY2022–23. RAAus has delivered a pleasing financial result even though we continue to experience some challenging conditions within the broader economy. The financial statements declare a deficit for the year of -$52,238, which was a better result than planned for within the Board approved budget. Our underlying result, excluding depreciation and amortisation and the building valuations, was positive at $72,590, meaning our cash position is also better than expected. The main reasons for this are that some expense items did not increase at the rate which was planned. Furthermore, management took steps to reduce spending somewhat throughout the year when membership targets were not met. The number of financial members (flying members, non-flying members, and junior members) at the start of the financial year was 9082, with a peak of 9207 on 31 December 2022. We ended the year at 9140 financial members. With an average of more than 1,000 temporary members at any one time and more than 200 affiliate members, we continue to administer more than 10,000
We are very aware that we need to sustain an organisation that allows our members to participate in aviation activities. We’re also aware that we don’t want to be a cost burden on our members. It’s for this reason that the RAAus Board has directed me to deliver on their 2023-2025 Strategic Plan which aims to strengthen our business whilst reducing our reliance on member fees. The Strategic Initiatives we are rolling out over the next three years aim to increase revenue from other sources and to work on diversifying the business. This will offset increases to the cost of operating our organisation so that we can minimise the amount on to members through the charging of fees. Over the past few years, with interest rates at record lows, we have seen low returns on our cash savings. This prompted the Board to seek alternatives to this very conservative approach and to professionally invest these cash reserves. Whilst being managed within relatively low risk investments, we are already seeing an improvement in returns, thus assisting with the diversification of our revenue. This year we also undertook a renovation of our offices in Fyshwick, ACT. This refresh was not only necessary due to it having not had a make-over in almost 20 years, but there were a range of compliance issues that needed addressing too. It was therefore pleasing that these renovations were more than reflected in a revaluation of the building and that it enhanced the value of this important asset. In August 2022 we submitted our application to CASA to enable members to operate aircraft with a maximum take-off weight between 601kgs and 760 kgs. Within the regulations these aircraft are known as Light Weight Aeroplanes (LWA) although RAAus will refer them as Group G, keeping in line with our existing lexicon. Our submission
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CEO Report (continued) also included new versions of both the flight operations and technical manuals and consisted of more than 60 individual documents. Over the ensuing months after submission, it became evident that due to the complexity of the CASA regulatory suite and the way in which non-CASA aircraft and pilots are managed within, CASA sought RAAus to make a range of amendments to the submission. Whilst we did do this, there were also regulatory hurdles identified that needed to be overcome to ensure our members had an easy and accessible pathway to both, operating Group G aircraft and registering Group G aircraft. At the end of the financial year we were encouraged by the progress in the approval of the submission, with implementation now slated for early-2024. In order to not only comply with aviation regulations, but to make genuine safety improvements, FY2022–23 saw a large ramp up in our aviation audit program. For the most part, this has been embraced by the flight training schools we administer, and resulted in the ability for RAAus staff to educate members when non-compliances were observed instead of taking enforcement action. Be it the case, there were a small number of occasions where it was necessary to take short-term action to mitigate risk through the imposing of a safety related suspension, however we worked closely with each recipient to address our concerns so operations could restart promptly. Unfortunately, this financial year saw RAAus undertake three formal inquiries into the actions of three members resulting in either removal, suspension or varying of their authorisations. RAAus only instigates formal inquiries when a matter is alleged to be very serious, wilful and/or repeated behaviour. We do this as we believe that a significant risk may be evident that necessitates enforcement action, should the allegations be founded. There are very specific processes that RAAus needs to follow in accordance
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with our own Occurrence and Complaint Handling Manual (OCHM) to be compliant with the laws set out in CASR Part 149. Furthermore, a range of protections also exist for the member to ensure procedural fairness is applied, along with review and appeal processes through the CEO, CASA and the Administrative Appeals Tribunal (AAT). These formal inquiries are conducted by management but oversighted by the Board and CASA. In April 2023 we were subject to a planned audit by CASA to review the implementation of CASR Part 149. I’m pleased to advise that CASA made comment that they were ‘quietly impressed’ with the progress RAAus had made since implementation, although we did receive four safety findings. As these were relatively minor in nature, RAAus was able to resolve these without too much difficulty and with nil effect on our operating certificate.
“In summing up, RAAus continues to be a member focused organisation with the intent to deliver on the objectives of our company which are, in short, to advance aviation in Australia and to encourage training in the art and science of aviation.” With 20 staff (either full and part time), our people are engaged and enthused about enabling our members to participate in a range of aviation activities. Our Vision: We inspire and connect people through aviation, is at the fore of all that we do. It’s a privilege to work with such a terrific team and I’d like to pass on my thanks to them. Matt Bouttell Chief Executive Officer
Flight Operations Jill Bailey, Head of Flight Operations
The Flight Ops team are being kept busy working on implementation of the MTOW increase to 760kg, with edits to external manuals like the Flight Operations Manual version 8 (which has been approved by CASA) and the related internal processing manuals, changes to forms, development of the implementation plan, education information (internal for staff and external for members), changes to our database and more.
As a result, the milestone exams have been structured to include questions on a range of topics, which were previously examined separately, such as radio, air legislation, human factors, basic aeronautical knowledge, navigation, and meteorology.
Extensive revisions and updates were conducted on the RAAus Syllabus of Flight Training, which included the creation of a new specific Instructor rating Syllabus of Flight Training. During this process the entire exam suite was also revised, with updates made to questions due to legislative or procedural changes and corrections to previously identified errors. Once complete, the exam suite is intended to be accessed and completed via an online Moodle process. The exam suite has been restructured for completion in alignment with practical training milestones including the first solo, the first area solo, the recommendation for Recreational Pilot Certificate (whether the candidate is ab-initio training or conversion), passenger carriage, navigation and meteorology, Instructor initial issue, etc.
The number of Flight Training Schools has fluctuated considerably during the year, with some CFIs enjoying well deserved retirements after many years of dedicated delivery of flight training. We are constantly working with existing CFIs on succession planning to support those enthusiastic and dedicated younger women and men who are interested in progressing their careers in aviation, however the recent airline industry recruitment drive for new pilots has decimated the pool of our newest instructors.
During the past year we have issued three DCFI and twelve CFI approvals, one PE approval and six IT or IT(T) Approvals.
We attended several events intended to promote aviation as a career in NSW, Queensland, and Victoria. These events are focusing on improving the gender imbalance in aviation currently indicating only around 5% female participation, although this rate is closer to 12% in our Junior Members.
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Airworthiness and Maintenance Jared Smith, Head of Airworthiness and Maintenance
This year has marked a gradual return to normalcy after the global pandemic for aircraft owners and the Airworthiness and Maintenance team alike. The team has worked hard to process thousands of enquiries, applications and requests. In a testament to the enduring spirit of recreational aviation, we welcomed 92 new aircraft to the RAAus register which included 37 amateur-built, 44 LSA and 11 type accepted aircraft, 4 of which were powered parachutes. In addition, 100 new aircraft ownermaintainers completed their L1 assessments and a total of 118 Level 2 maintainers were authorised or renewed in the year. These individuals, with a passion for aviation and a commitment to safety, now join the ranks of those empowered to maintain aircraft.
Staff from the Airworthiness and Maintenance team also participated in the RAAus audit schedule, review of accidents and incidents, and enjoyed the buzz and camaraderie of various fly-ins and airshows. We continued to pursue some major multiyear projects to ensure that RAAus members have greater privileges and options. Project highlights over the year included: •
A major focus on developing the process to register Lightweight Aeroplanes (Group G). This major initiative included updating the current Technical Manual, creating RAAus’ first Certificate of Airworthiness procedure manual including new forms, and making related updates to the database.
•
After lobbying from RAAus, the Civil Aviation Order 95.55 was also updated during the year to permit pilot certificate holders to carry out Schedule 8 Pilot Maintenance on Light Weight Aeroplanes. This represents a significant new benefit for members as prior to this amendment, Schedule 8 maintenance was only permitted by pilot licence holders.
•
RAAus issued numerous new Modification and Repair Approvals (MARAP) including the Engine Condition Monitoring Program (ECMP), which permits eligible type-accepted aircraft to operate an engine on-condition for a period of 12-months or 100 hours (whichever occurs first with a renewal available). The MARAP process continues to assist aircraft owners keep their aircraft flying safely and compliantly.
Moving forward, the RAAus Airworthiness and Maintenance team remains focused on innovation, safety, and community. I extend our heartfelt thanks to the entire RAAus community for their collaboration, resilience, and commitment to recreational aviation.
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Safety Cody Calder, Head of Safety
Throughout the 2022–23 financial year the RAAus Safety Team continued to strengthen organisational processes and procedures with a strong focus on risk management, change management, and compliance assurance functions. RAAus Audit Coordinator, Chris Windle, has played a valuable role in the review, improvement, and standardisation of RAAus’ Flight Training School Audit and Assurance program, with the successful completion of more than 30 on-site audits across the country. This essential function has enabled improved visibility of common non-compliance matters which have been identified and resolved collaboratively with our Flight Training Schools, improving safety outcomes. Following the approval of RAAus’ Change Management Manual and Risk Management Manual in April 2022, RAAus was the first ASAO to receive an unconditional CASR Part 149 certificate. Throughout the 2022–23 financial year our team have continued to embed these processes into our business operations which have been vital in the preparation and submission of manuals to CASA for our MTOW application for 760kg. These processes allow RAAus increased flexibility to implement changes in accordance with CASR Part 149 requirements, whilst ensuring robust processes to ensure safety is appropriately managed. In the first half of 2022, RAAus recorded 6 fatal accidents following a period of no fatal accidents since September 2020. No fatal accidents were recorded within the first half of 2023. In November 2022, the RAAus Board resolved that RAAus’ default position moving forward would be to not deploy RAAus staff/investigators to future fatal accidents to ensure we protect our people and the organisation. RAAus continues to lobby for increased funding to be made available for the ATSB to enable increased resourcing for the investigation of RAAus and other sporting and general aviation accidents by
the ATSB. RAAus is strongly of the view that an independent understanding of the circumstances involved in fatal accidents is essential and that the ATSB is best placed to do this. RAAus remains committed to supporting police, local authorities, and Coroners wherever we can. RAAus has continued to roll out a number of safety promotions across the 2022–23 financial year. Of highlight was the release of RAAus’ 3-part Loss of Control video series which was made possible by the efforts of Head of Training Development, Neil Schaefer. This 3-part video series forms part of a concerted effort to reduce fatal loss of control accidents which have been overrepresented in accident statistics worldwide. RAAus also ran our annual National Safety Month offering important educational content as well as over $10,000 in prizes for member participation. RAAus continues our safety promotion and education through regular member communications, SportPilot Magazine articles, and production of other safety resources, including a suite of safety posters which were distributed to all RAAus Flight Training Schools across Australia.
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Training Development Neil Schaefer, Head of Training Development 2022–23 has been a busy year for this new portfolio which is focused on the important development of training resources that underpin many of the operational and technical aspects of RAAus functions. In line with our top-down standardisation strategy the RAAus Flight Examiner Course was successfully rolled out for our approval holders and represents a continual refocus towards online learning and assessment platforms via the RAAus Learning Management System. On the back of this, the complete RAAus Syllabus of Flight Training has undergone a significant review with a fresh focus on basic control skill sets, scenario-based competency outcomes and better and simplified definitions of competency, specifically at key milestones of solo and certificate issue. Group B and D syllabi have been redesigned to reflect the unique competencies in these aircraft and the new Group G syllabus additions have also been prepared as part of the suite of requirements for this exciting new privilege in operations. Finally, the Advanced Pilot Award has been completely redesigned into an Upset Prevention and Recovery Training (UPRT) syllabus, consistent with industry recognition of this important additional training and safety initiative. This project has now been handed to RAAus Flight Operations for implementation consistent with our change management procedures. Another key area of training development has been completed in RAAus Instructor training and competency standards. A new Instructor specific and competency-based syllabus has been created focusing on the key skill sets required for RAAus Flight Instructors, from administrative and operational knowledge through to presentation skills both on the ground and in the air and includes relevant human factor and safety competencies throughout. Previously this had been simply a higher-level competency interpretation based on the Recreational Pilot Certificate and did not identify specific measurable and assessable competencies that are essential for all instructors. This project has also now been
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progressed for integration into Operational requirements and procedures with the Flight Operations group and will now provide an appropriate connection to the Flight Instructor Reference Manual which is now tabled for a review in the imminent future. All of the above training projects have been developed and reviewed with a robust consultation process and industry involvement to ensure correct industry fit in training delivery. Technical training has also been under development with investigation into accessing acceptable platforms for practical competency in maintenance activities and this project looks to some exciting partnerships and accessibility to practical training options and assessment of technical skills to support the current Level 1 online maintenance knowledge assessment online. Finally, to support the above developments, a complete review and redevelopment of the exam suite is well progressed, with a scope to have these all deliverable by our Learning Management platform online and will include different assessment milestones and better referencing to assist in both study and knowledge assessment of our members. The modernisation of the exam platform is also consistent with industry standards and allows much greater management and flexibility in RAAus knowledge assessment requirements. Externally, the training portfolio has also been actively engaged in developing and delivering training and safety presentations including the RAAus Loss of Control series, avoiding collisions in uncontrolled environments and effective radio use. Our Loss of Control series is now also supported by CASA on their Pilot Safety Hub. Work is also continuing with industry working groups on scoping, shaping, and implementing effective upset prevention training to ensure pilots ingrain the appropriate skills and behaviours from the ground up.
LOSS OF
CONTROL
3-PART SERIES
Australian Aviation Awards 2022 In 2022, the inaugural Australian Aviation Awards were established by Australian Aviation and their Principal Partner, UNSW Sydney, to recognise outstanding professionals and businesses from across the Australian aviation industry. RAAus was thrilled when a number of our members were nominated. •
•
•
Adrianne Fleming OAM, Tristar Aviation and RAAus Senior Instructor – Female Aviation Leader of the Year GoFly Online – Start up of the Year and Flight Training Business of the Year Strike Aviation Training – Flight Training Business of the Year.
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Australian International Airshow Matt Bouttell, CEO
Having attended many of these airshows in various capacities since 1992, I can say without doubt that the Australian International Airshow 2023 was by far the most well attended by both the industry and the public, and a credit to the organisers. I’d like to thank those members that flew into Avalon and kept their aircraft on display for the duration. The diversity in our fleet was the big thing that stood out to me and brought out lots of comments from the public. Feedback from some of our pilots suggested that ATC, as usual, were very professional and helpful, as were the volunteer marshallers that guided the aircraft safely into the parking areas. Whilst there was a bit of dust to contend with, hopefully a last-minute rain shower that occurred on the Sunday afternoon before the mass departure of aircraft occurred, washed off the bulk of it. We each spoke to hundreds (if not thousands!) of people wanting to know how to get involved in recreational aviation. It’s fair to say that there remains a significant appetite for Australians to take to the sky and it was a real thrill to talk them through how RAAus can help this become a reality.
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In our marquee were representatives from Flight Youth Engineering as well as Touch the Sky, each of whom align to our organisational strategy and values to improve our diversity through educating school students as they embark on aircraft building projects and promoting women in aviation. At the airshow we launched a new range of merchandise which was welcomed by both members and the public alike, with RAAus having sold more at this year’s event than ever before! As highlighted within our 2023–2025 Strategic Plan, it’s these kinds of initiatives and diversification of our products and services that flow through to keep membership fees as low as possible. There is certainly more to come in this space. I’d like to thank the team at RAAus for their hard work and dedication throughout the week of the event. These types of events are not a holiday and involve a lot of hard work and long hours, so thank you. I’m immensely proud of our team for inspiring and connecting people through aviation and I can’t wait to do it again at Avalon 2025!
Pilot Certificates D
Crook
1/07/2022
JF
Kok
27/07/2022
JM
James
16/08/2022
M
Isbel
12/09/2022
P
Swingler
2/07/2022
M
Leaney
27/07/2022
K
Mason
16/08/2022
MJ
Horton
12/09/2022
T
Mol
2/07/2022
PSJ
Jewell
28/07/2022
TO
Grace
16/08/2022
L
Ryan
13/09/2022
AJW Costigan
3/07/2022
A
Binazir
30/07/2022
A
Raine
17/08/2022
AS
Ashidiq Peck 14/09/2022
K
Johari
3/07/2022
GGC
Chambon
30/07/2022
TT
Mccarten
17/08/2022
A
Bin Azmi
14/09/2022
R
McAuliffe
3/07/2022
NG
Evans
30/07/2022
LR
Fowkes
18/08/2022
BJ
Stephens
14/09/2022
JJ
Lindsay
4/07/2022
NJ
Leywood
30/07/2022
RM
Breskal
18/08/2022
CR
Doak
14/09/2022
JK
Pearson
6/07/2022
W
Alves Bezerra 30/07/2022
H
Dietrich
19/08/2022
LK
Dodd
14/09/2022
J
Hughes
7/07/2022
A
Edwards
31/07/2022
S
Sablon
19/08/2022
AW
Peckitt
16/09/2022
JC
Sawyer
7/07/2022
MA
James
31/07/2022
T
Haines
19/08/2022
PR
Amos
16/09/2022
DW
Gould
8/07/2022
PR
Barnard
31/07/2022
PA
Castillo Triana 20/08/2022
M
Christie
17/09/2022
TP
Pascoe
8/07/2022
WA
Cuthbert
31/07/2022
A
Palmer
21/08/2022
WA
Bebonis
17/09/2022
R
Wilkins
9/07/2022
JC
Monet
1/08/2022
KD
Hey
21/08/2022
ID
Currill
18/09/2022
AJ
Weir
10/07/2022
SMF Moloney
1/08/2022
I
Mitropoulos
22/08/2022
PE
Goodhew
18/09/2022
TJ
Saunders
10/07/2022
J
Poulson
2/08/2022
JK
Elliott
22/08/2022
R
Wunsch
18/09/2022
G
Watson
11/07/2022
L
Traynor
2/08/2022
DR
French
23/08/2022
S
Genoli
18/09/2022
SG
Brown
11/07/2022
N
Mijic
2/08/2022
RH
Blomstedt
23/08/2022
D
Lovis-Hotchin 19/09/2022
X
Korolis
11/07/2022
TJ
Gordon
2/08/2022
DT
Baddams
24/08/2022
DL
O'Donnell
19/09/2022
A
Holden
12/07/2022
K
Macdonald
3/08/2022
JR
Grealy
24/08/2022
GL
Swilks
19/09/2022
GV
Pasterfield
12/07/2022
RSJ
Wiltshire
3/08/2022
HS
Pienaar
25/08/2022
C
Hicks
20/09/2022
D
Langford
14/07/2022
RSJ
Bernard
3/08/2022
MJ
Thibault
25/08/2022
D
Lampard
20/09/2022
J
Redmond
14/07/2022
C
Gill
4/08/2022
D
Nash
26/08/2022
G
Smith
20/09/2022
M
Pitcher
14/07/2022
M
Exton
4/08/2022
RD
Cartlidge
26/08/2022
JAD
Wilson
20/09/2022
PJ
Pieterse
14/07/2022
P
Moore
4/08/2022
RJ
Truscott
26/08/2022
L
Smith
20/09/2022
X
Cooper
14/07/2022
AB
Campbell
5/08/2022
H
Baker
27/08/2022
M
Butcher
20/09/2022
CM
Windle
15/07/2022
HA
Fordyce
5/08/2022
JJA
Bester
27/08/2022
S
Chen
20/09/2022
DJ
Morris
15/07/2022
RA
Bawden
5/08/2022
M
Wilkinson
27/08/2022
CM
Simmons
21/09/2022
NR
Job
15/07/2022
BR
Whitaker
6/08/2022
M
Tortorella
27/08/2022
J
Ledwell
21/09/2022
J
Schneider
18/07/2022
L
Ross
6/08/2022
A
Ilyina
28/08/2022
JYR
Teh
21/09/2022
NA
Evans
18/07/2022
MAHA Alhawaj
6/08/2022
C
Lunau
28/08/2022
L
Weigel
21/09/2022
J
Walters
19/07/2022
M
Hill
6/08/2022
N
Small
28/08/2022
PN
Kemp
21/09/2022
L
Craig
19/07/2022
AA
Johnson
8/08/2022
DG
Jensen
29/08/2022
SE
Hyde
21/09/2022
MO
Sakac
19/07/2022
JK
Redgate
8/08/2022
CA
Byron
30/08/2022
C
Everson
22/09/2022
AP
Burfield
20/07/2022
MJ
Grady
8/08/2022
J
Cropp
30/08/2022
SH
Mcvey
23/09/2022
OH
Lloyd
20/07/2022
J
Jones
9/08/2022
P
Cook
30/08/2022
W
O'leary
23/09/2022
TP
Fitzgerald
22/07/2022
PR
Martin
9/08/2022
CP
Reeves
1/09/2022
P
Gallaway
24/09/2022
C
Johns
23/07/2022
B
Conway
10/08/2022
LT
Hanner
1/09/2022
CJ
Dorante
25/09/2022
JLB
Powell
23/07/2022
S
Byron
10/08/2022
B
Li
2/09/2022
D
Hobbs
25/09/2022
AJ
Goulding
24/07/2022
ACD
Creaney
11/08/2022
CJ
Byrne-Quinn 2/09/2022
RR
Godinho Chagas 25/09/2022
M
Hahl
24/07/2022
J
Long
11/08/2022
JKT
Too
2/09/2022
T
Bregnsdal
25/09/2022
SR
Ypinazar
24/07/2022
MRA
Guevarra-Adams 11/08/2022
Z
George
2/09/2022
D
Jenkinson
26/09/2022
CL
Janke
25/07/2022
D
Purcell
12/08/2022
MJ
O'Dea
3/09/2022
G
Edwards
26/09/2022
E
De Andres
25/07/2022
MP
Rainbird
12/08/2022
RB
Valkenburg
6/09/2022
J
Shaddick
26/09/2022
KJ
O'Callaghan 25/07/2022
MN
Ika Zahri
12/08/2022
AO
Dalrymple
7/09/2022
RM
Yarrow
26/09/2022
T
Jamieson
25/07/2022
SS
Magesh
12/08/2022
CB
Ritchie
7/09/2022
AP
Pigneguy
27/09/2022
W
Todd
25/07/2022
C
Dimon
13/08/2022
R
Vella
7/09/2022
I
Skinner
29/09/2022
AB
Gouws
26/07/2022
LP
O'Donohue
14/08/2022
DRJ
Borg
8/09/2022
JK
Carson
29/09/2022
CJ
Niederberger 26/07/2022
OW
Leo
14/08/2022
JM
Ploeg
8/09/2022
RL
Klye
29/09/2022
DJ
Maguire
27/07/2022
Y
Gu
15/08/2022
JS
Malan
10/09/2022
S
Fabig
29/09/2022
EG
Javier
27/07/2022
BW
Tejada
16/08/2022
RK
Osbourne
11/09/2022
AJ
Kerans
30/09/2022
15
M
Boughen
30/09/2022
SS
Mitchell
23/10/2022
D
Elwin
15/11/2022
C
Weir
8/12/2022
WJ
Hamilton
30/09/2022
F
Albissi
24/10/2022
J
Kirkman
15/11/2022
S
Palmer
8/12/2022
DL
Smith
1/10/2022
J
Milne
24/10/2022
P
Drury
15/11/2022
J
Champion
9/12/2022
HK
Watts
1/10/2022
JLM
Savage
25/10/2022
M
Gray
17/11/2022
L
Merton
9/12/2022
BC
Kucks
2/10/2022
TE
Murray
25/10/2022
B
Buckle
18/11/2022
E
Finch
10/12/2022
DP
Ashby
2/10/2022
M
Godfrey-Cargill
26/10/2022
JL
Fitzgerald McCoy 18/11/2022
L
Gooch
10/12/2022
FY
Kwan
2/10/2022
T
Murnane
26/10/2022
JR
Innes
18/11/2022
R
Pulvirenti
10/12/2022
KG
Murphy
2/10/2022
G
Duck
27/10/2022
M
Sansom
18/11/2022
TG
McGrath
10/12/2022
R
Iqram
2/10/2022
S
Seccombe
28/10/2022
R
Sivaneson
18/11/2022
D
Hogan
11/12/2022
RI
Cameron
2/10/2022
SM
Gooch
28/10/2022
S
Mcmahon
18/11/2022
AP
Griffin
12/12/2022
SG
Serfly
2/10/2022
BA
Rumpf
29/10/2022
LK
Tincknell
19/11/2022
AS
Torrisi
13/12/2022
TR
Pradosh
2/10/2022
JC
Prager
29/10/2022
J
Sinclair
21/11/2022
D
Ford
13/12/2022
K
Lim
3/10/2022
TR
Trent
29/10/2022
S
Bennett
21/11/2022
NM
Grivec
13/12/2022
M
Borg
3/10/2022
RC
Watts
31/10/2022
TB
Garven
21/11/2022
C
Kerr
14/12/2022
A
Hammond
4/10/2022
J
Johanson
1/11/2022
S
Yao
22/11/2022
M
Smith
14/12/2022
MP
Chapman
4/10/2022
M
Graban
2/11/2022
GJ
Fitzgerald
24/11/2022
WS
Seow
14/12/2022
DK
Butt
5/10/2022
DL
Campbell
3/11/2022
O
Steshenko
24/11/2022
AK
Van Luyn
15/12/2022
P
Slijderink
5/10/2022
GM
Dawson
3/11/2022
L
Watt
25/11/2022
B
Golding
15/12/2022
BE
Paddon
6/10/2022
JM
Howe
3/11/2022
NF
Riazati
25/11/2022
TS
McFarlane
15/12/2022
H
Mcwhirter
6/10/2022
PA
Muhlberg
3/11/2022
T
Cavalcante
26/11/2022
C
Garnett
16/12/2022
L
Koppen
6/10/2022
SM
Pulbrook
3/11/2022
AA
Gullo
27/11/2022
A
Deson
17/12/2022
M
Blackman
6/10/2022
C
Schmidt
4/11/2022
AS
Renshaw
27/11/2022
J
Ward
17/12/2022
A
Buckley
7/10/2022
JT
Scanlon
4/11/2022
SJ
Harrigan
27/11/2022
KA
Henkel
17/12/2022
BM
Mumford
7/10/2022
O
Plowman
4/11/2022
K
O'Leary
28/11/2022
RJ
Garment
17/12/2022
MJ
Mudge
7/10/2022
W
Huizink
4/11/2022
L
O'Leary
28/11/2022
A
Archer
18/12/2022
WS
Bhatti
8/10/2022
YAF
Alenazi
4/11/2022
D
Biggar
29/11/2022
AM
Hunter
18/12/2022
B
Marris
9/10/2022
A
Clemeur
5/11/2022
PM
Ritchie
29/11/2022
DA
Dickson
18/12/2022
DG
Price
9/10/2022
KH
Zhang
5/11/2022
R
Sa'at
29/11/2022
J
Steer
18/12/2022
GC
Edwards
9/10/2022
A
Sickinger
6/11/2022
B
Landry
30/11/2022
PA
Miller
18/12/2022
V
Jones
9/10/2022
J
Kemp
6/11/2022
GA
Nordick
30/11/2022
SA
Rettke
18/12/2022
AIK
Glasson
11/10/2022
PC
Breidenbach 6/11/2022
J
Pastuszka
30/11/2022
C
Patel
19/12/2022
G
Williams
11/10/2022
SG
Trone
6/11/2022
N
Hollams
30/11/2022
DM
Mackenzie
19/12/2022
J
Mcintosh
11/10/2022
S
Rachakonda 6/11/2022
J
Stacey
1/12/2022
W
Johnson
19/12/2022
JP
Carmichael
11/10/2022
BCB
Stockdale
9/11/2022
A
Miller
2/12/2022
AJ
Muirhead
20/12/2022
M
Pring
11/10/2022
CM
Smith
9/11/2022
PJ
Candy
2/12/2022
M
Karibalis
20/12/2022
CP
Hoolahan
12/10/2022
KV
Mathieson
9/11/2022
A
Nowecki
3/12/2022
P
Phegan
20/12/2022
CD
Garing
13/10/2022
K
Kodali
9/11/2022
A
Ford
3/12/2022
R
Bodat
20/12/2022
D
Bloomfield
13/10/2022
S
De Lorenzo
9/11/2022
AAA
Pulbrook
3/12/2022
S
Thompson
20/12/2022
K
Pucher
13/10/2022
HS
Ho
10/11/2022
SR
Wohling
3/12/2022
D
Tomassoni
21/12/2022
D
Graves
14/10/2022
JF
Pelletier
10/11/2022
T
Napaver
3/12/2022
ER
Hunt
21/12/2022
BP
Falletti
15/10/2022
JL
Baynton
10/11/2022
B
James
4/12/2022
J
David
21/12/2022
J
Sanborn
15/10/2022
M
Devries
10/11/2022
BL
Dodd
4/12/2022
M
Westerman
21/12/2022
C
Fiorentino
17/10/2022
DA
Hirst
11/11/2022
C
Mathews
4/12/2022
MEG Hupfeld
21/12/2022
G
Thiele
17/10/2022
TL
Woolston
11/11/2022
JL
Denholm
4/12/2022
OJ
Hines
21/12/2022
J
Key
17/10/2022
A
Wilson
12/11/2022
M
Sinnett
4/12/2022
A
Bennett
22/12/2022
S
Shaw
18/10/2022
G
Richardson
12/11/2022
B
Mason
6/12/2022
GT
Mann
22/12/2022
JJ
Chapman
19/10/2022
JM
Devries
12/11/2022
JF
Kamal Doral 6/12/2022
PA
Aguilar
22/12/2022
KA
Bin Mohd Khairuddin
20/10/2022
PC
Harris
12/11/2022
L
Barratt
6/12/2022
R
Bowman
22/12/2022
MN
Khalid
21/10/2022
R
Lourens
12/11/2022
M
Day
6/12/2022
SD
Usher
22/12/2022
A
Laursen Habel 22/10/2022
TW
Want
12/11/2022
G
McCormack
7/12/2022
JA
Anwajler
23/12/2022
D
Debattista
22/10/2022
AJ
Hooper
15/11/2022
R
He
7/12/2022
K
Byrnes
23/12/2022
J
Azemothe
22/10/2022
BJ
Flynn
15/11/2022
S
Hyslop
7/12/2022
T
Coutts
23/12/2022
16
AL
Brown
24/12/2022
HL
Leslie
25/01/2023
LDJ
Gould
19/02/2023
CM
Irving
15/03/2023
MH
Mohamed Akbar
28/12/2022
M
Jensen-Muir 25/01/2023
MJ
Darke
19/02/2023
JA
Wilson
15/03/2023
JM
Bath
29/12/2022
AM
Maddocks
26/01/2023
MV
McInerney
19/02/2023
KKK
Lai
15/03/2023
PX
Tan
29/12/2022
M
Burt
26/01/2023
S
Chandra
19/02/2023
DA
Clerkin
17/03/2023
Q
Shakur
29/12/2022
B
Adamczyk
27/01/2023
ST
George
19/02/2023
EF
Cholet
17/03/2023
R
Pearson
29/12/2022
LJ
Ackers
27/01/2023
BA
Carn
20/02/2023
SJB
Ong
17/03/2023
HN
Bruce
31/12/2022
KW
Rattley
29/01/2023
DW
Berenbak
20/02/2023
AG
Allen
18/03/2023
JL
Yu
2/01/2023
L
Newman
29/01/2023
C
Rowntree
21/02/2023
T
Khan
18/03/2023
M
Nazir
3/01/2023
S
Eldridge
29/01/2023
R
Mcglade
21/02/2023
D
Oehlmann
19/03/2023
ATJ
Dalton
4/01/2023
AD
Harris
30/01/2023
Z
Newton
23/02/2023
JM
Waugh
19/03/2023
HE
Gorton
4/01/2023
JM
Gillies
30/01/2023
JW
Pedersen
24/02/2023
B
Poletto
20/03/2023
KM
Stoll
4/01/2023
R
Millwood
30/01/2023
N
Harrison
24/02/2023
J
Preece
20/03/2023
R
Maher
4/01/2023
BK
French
31/01/2023
TJ
Leahy
24/02/2023
M
Fey
20/03/2023
BJ
Allport
5/01/2023
LT
Hollis
31/01/2023
C
Mccormick
25/02/2023
P
Camm
20/03/2023
J
Harding
6/01/2023
R
Japp
31/01/2023
D
Heazlewood 25/02/2023
RG
Weil
20/03/2023
J
Guy
7/01/2023
JW
Mason
1/02/2023
RM
Bates
25/02/2023
O
Hawkins
21/03/2023
RL
Hallahan
7/01/2023
N
Kumar
3/02/2023
BJ
Parsons
26/02/2023
CW
Goulden
22/03/2023
DN
Hooper
8/01/2023
SC
Dove II
3/02/2023
M
Love
26/02/2023
A
Summers
23/03/2023
AJ
Large
10/01/2023
B
Dawson
4/02/2023
O
Kettridge
26/02/2023
A
Polidano
23/03/2023
D
Schloss
10/01/2023
DL
Leggett
4/02/2023
M
Duncan
27/02/2023
RJ
Fogarty
23/03/2023
TA
Wellins
10/01/2023
BJ
Cook
5/02/2023
PR
Anderson
27/02/2023
AR
Clydesdale
24/03/2023
AR
Brady
11/01/2023
D
Price
5/02/2023
J
Carter
28/02/2023
GM
Lawrence
24/03/2023
CL
McCarthy
13/01/2023
HL
Tay
5/02/2023
RK
Delarmente
28/02/2023
G
Carlile
24/03/2023
J
Debons
13/01/2023
J
Anderson
5/02/2023
HC
Swart
1/03/2023
TG
Gale
24/03/2023
JT
Stuart
13/01/2023
RF
Officer
5/02/2023
G
Hawkins
2/03/2023
AA
Burns
25/03/2023
P
Klug
13/01/2023
SP
Robins
5/02/2023
J
Wallis
2/03/2023
J
Barrow
25/03/2023
SJ
Herod
13/01/2023
W
Renton
5/02/2023
B
Tennant
3/03/2023
G
Breen
26/03/2023
AC
Noakes
14/01/2023
AJ
Smith
6/02/2023
E
Aathar
3/03/2023
B
Bartosik
27/03/2023
A
Ahmad
14/01/2023
ML
North
7/02/2023
F
George
3/03/2023
T
Moore
27/03/2023
L
Korodaj
14/01/2023
PJ
Tyzack
7/02/2023
H
Fraser
3/03/2023
P
Crowe
29/03/2023
PJ
Merlaud
14/01/2023
PG
Gates
7/02/2023
JHB
Lim
3/03/2023
B
Smith
30/03/2023
S
Noesgarrd
14/01/2023
M
Kornaus
8/02/2023
G
Mulraney
4/03/2023
BWR Kellam
30/03/2023
JR
Hasting
15/01/2023
R
Nayyar
8/02/2023
A
Blue
8/03/2023
L
Lintner
30/03/2023
MK
Lawrence
15/01/2023
HR
Heck
9/02/2023
T
McDowell
8/03/2023
NJ
Winning
31/03/2023
N
Fox
15/01/2023
MA
Belperio
9/02/2023
L
Lambert
9/03/2023
C
Burns
1/04/2023
PF
Holland
17/01/2023
RM
Wright
9/02/2023
M
Hoefer
9/03/2023
DA
McDowall
1/04/2023
A
Rymer
18/01/2023
M
Hutchison
10/02/2023
MA
Bin Roslan
10/03/2023
FE
Chisholm
1/04/2023
F
Clark
18/01/2023
A
Hammond
11/02/2023
MJ
Davis
10/03/2023
GP
Camm
1/04/2023
NE
McKenzie
18/01/2023
P
Rajuladevi
11/02/2023
AD
Moore-Jones 11/03/2023
PR
Findlay
1/04/2023
M
Penfold
19/01/2023
P
Scaman
11/02/2023
A
Scott
11/03/2023
RA
Burey
1/04/2023
OJM Earl
21/01/2023
DG
Mockford
12/02/2023
EEO
Unasa
11/03/2023
J
Korolis
2/04/2023
T
Hatton
22/01/2023
MA
Booysen
12/02/2023
N
Ambukovski 11/03/2023
M
Qamar
2/04/2023
LE
Ostwald
23/01/2023
RC
Johnstone
12/02/2023
RJ
Crossley
11/03/2023
PJ
Wilson
2/04/2023
S
Laharnar
23/01/2023
SJ
Britten
12/02/2023
DG
Brown
12/03/2023
RG
Findlay
2/04/2023
B
Congdon
24/01/2023
V
Kibby
13/02/2023
N
Asif
12/03/2023
S
Sankenani
2/04/2023
BJ
Casey
24/01/2023
P
Zmijan
15/02/2023
RA
Mudge
12/03/2023
S
Gilmore
2/04/2023
D
Freeman
24/01/2023
KG
Langlois
16/02/2023
BW
Masters
13/03/2023
S
Rabie
2/04/2023
G
Meleady
24/01/2023
L
Millington
18/02/2023
DJ
Storeywood
13/03/2023
HS
Arvind
3/04/2023
H
Chen
24/01/2023
M
Holding
18/02/2023
KNS
Wood
13/03/2023
JWG Tan
M
Lim
24/01/2023
P
Morgan
18/02/2023
TN
Williams
13/03/2023
K
Thanikkumaran 3/04/2023
MPJ Seow
24/01/2023
S
Long
18/02/2023
AM
Green
14/03/2023
P
De Boer
3/04/2023
N
24/01/2023
GD
Lanyon
19/02/2023
C
Perrottet
15/03/2023
R
Beer
3/04/2023
Stock
3/04/2023
17
AJ
Hocking
4/04/2023
CI
Tusnea
1/05/2023
J
McDonnell
23/05/2023
JJ
McNamara
11/06/2023
C
Endres
5/04/2023
DA
Baudry
1/05/2023
NEC
Cole
25/05/2023
M
Saedi
12/06/2023
S
Singj
5/04/2023
VL
Crooke
1/05/2023
R
Brown
25/05/2023
J
Taylor
13/06/2023
C
Holub
6/04/2023
F
Taylor
2/05/2023
A
Clarke
26/05/2023
G
Kaur
14/06/2023
LA
Stuchbree
6/04/2023
JF
Burpee
2/05/2023
B
Smith
26/05/2023
I
San Andres
14/06/2023
RF
Stuchbree
6/04/2023
PSJ
Tozer
2/05/2023
A
Milton
27/05/2023
CE
McDonald
15/06/2023
S
Packer
6/04/2023
JR
Lewin
4/05/2023
D
Birchall
27/05/2023
G
Young
15/06/2023
DSW Henry
7/04/2023
R
Whiley
4/05/2023
JS
Carter
27/05/2023
J
Zhao
15/06/2023
A
McCready
8/04/2023
MLM Maharaj
5/05/2023
PJ
Marlow
27/05/2023
V
Chandra
15/06/2023
J
Van Vugt
8/04/2023
P
Gill
5/05/2023
S
Darcy
27/05/2023
R
Saunders
16/06/2023
JRJ
Yong
8/04/2023
Z
De Castella
5/05/2023
SS
Halicki
28/05/2023
G
Vassis
17/06/2023
WW
Dowe
8/04/2023
SA
McMurtrie
6/05/2023
A
Gregory
29/05/2023
MJM
Jamieson-Curran
17/06/2023
M
Du Plessis
9/04/2023
CM
Elliott
7/05/2023
CE
Broom
29/05/2023
PF
Dale
17/06/2023
A
Adhikari
10/04/2023
J
Wilkinson
7/05/2023
MKA
Mohamed Nasir
29/05/2023
D
Muggli
18/06/2023
L
Moore
12/04/2023
D
Reed Rogers 11/05/2023
S
Samsuri
29/05/2023
MIZ
Mohamed Rozaifee 18/06/2023
R
Kennedy
12/04/2023
EA
Cooper
11/05/2023
D
Shiels
30/05/2023
R
Templer
18/06/2023
DA
Campbell
13/04/2023
K
Kiernan
11/05/2023
JD
Pownall
30/05/2023
SAH
Carter
18/06/2023
SC
Mackin
13/04/2023
S
Power
11/05/2023
RI
Langdon
30/05/2023
J
Rowe
19/06/2023
A
Coleman
14/04/2023
J
Lickiss
12/05/2023
JY
White
31/05/2023
BI
Smuts
20/06/2023
C
Hatte
14/04/2023
TJ
Adamson
12/05/2023
L
Ogden
31/05/2023
RDH Mcgavin
20/06/2023
CJ
Reddish
14/04/2023
DL
Summerville 13/05/2023
N
Williams
31/05/2023
RCK
Carson
20/06/2023
SK
Carter
14/04/2023
JJ
Mccall
13/05/2023
BK
Ansons
1/06/2023
HI
Bell
21/06/2023
JL
Stevens
15/04/2023
RG
Longmire
13/05/2023
RSJ
Burton
1/06/2023
N
Wallbridge
21/06/2023
J
Suryakarthik 15/04/2023
DE
Ilba
14/05/2023
RJ
Polanowski
1/06/2023
R
Mcgavin
21/06/2023
C
Williams
16/04/2023
LJ
Osbourne
14/05/2023
S
Booth
1/06/2023
S
Lafoi
21/06/2023
DH
Barbalet
16/04/2023
JJ
Bely
16/05/2023
W
Miles
1/06/2023
RJ
Kolb
22/06/2023
IM
Lancaster
16/04/2023
L
Bond
16/05/2023
SJ
Stoneman
2/06/2023
B
Foletta
23/06/2023
BJ
Clarke
17/04/2023
BM
Whittington
17/05/2023
AK
Summerfield 3/06/2023
BW
Lockwood
23/06/2023
A
Ahmed
18/04/2023
GP
Kiddle
17/05/2023
J
Crane
3/06/2023
D
Cooper
23/06/2023
G
Bannister
18/04/2023
KJ
Martin
17/05/2023
M
O'neill
3/06/2023
ND
Towler
23/06/2023
R
Dwyer
18/04/2023
CC
Mayne
18/05/2023
T
Wellington
3/06/2023
CYK
Chew
24/06/2023
S
Crouch
19/04/2023
D
Floyd
18/05/2023
B
Medder
5/06/2023
F
Ovchinnikoff 24/06/2023
G
McKeon
20/04/2023
GJ
Mostyn
18/05/2023
SA
Snow
6/06/2023
A
Lake
25/06/2023
A
Sukhpal
21/04/2023
G
Butlion
18/05/2023
N
Le Roux
7/06/2023
GJ
Pointing
25/06/2023
D
Fealy
21/04/2023
JHW Wheeler
18/05/2023
PV
Perera
7/06/2023
H
Grant
25/06/2023
J
Grealy
21/04/2023
MR
Ebeyer
18/05/2023
CS
Cranenburgh 8/06/2023
C
Tracz
26/06/2023
EZ
Zaidi
22/04/2023
T
Geluk
18/05/2023
C
Dunne
8/06/2023
BD
Neilson
27/06/2023
PR
Nicholls
22/04/2023
W
Imisides
18/05/2023
CE
Price
8/06/2023
J
Garraway
27/06/2023
TJ
Pryse
22/04/2023
JE
Flower
19/05/2023
PR
Gardiner
8/06/2023
P
Malla Thakuri 27/06/2023
YX
Goh
22/04/2023
P
Boothman
19/05/2023
ES
Varghese
9/06/2023
G
Warren
28/06/2023
C
Yerbury
23/04/2023
C
Anderson
20/05/2023
JS
Rousseaux
9/06/2023
GL
Sinclair
28/06/2023
DA
Baker
23/04/2023
M
Russell
20/05/2023
JNL
Manchee
9/06/2023
R
Briedis
28/06/2023
M
Turnbull
23/04/2023
SD
Hallissey
20/05/2023
LA
Hodgson
9/06/2023
A
Nel
29/06/2023
NTC
Cartwright
23/04/2023
T
Couty
20/05/2023
A
Deshmukh
10/06/2023
K
Fox
29/06/2023
C
Mortensen
25/04/2023
M
Swift
21/05/2023
A
Correa
10/06/2023
PJ
Mccluskey
29/06/2023
W
Scott
25/04/2023
PC
Smyth
21/05/2023
N
Rajguru
10/06/2023
RM
Pfister
29/06/2023
TS
Barker
26/04/2023
W
Partridge
21/05/2023
P
Heggie
10/06/2023
T
Hammant
29/06/2023
BG
French
29/04/2023
BJ
Conaghan
22/05/2023
R
Beylerian
10/06/2023
A
Syed
30/06/2023
DL
Smart
29/04/2023
G
Peel
22/05/2023
SW
Slabbert
10/06/2023
E
Lee
29/04/2023
SJ
Wallace
22/05/2023
T
Lee
10/06/2023
L
Meddawaththage 29/04/2023
G
Mills
23/05/2023
B
Atkinson
11/06/2023
S
Gaechter
IP
Smyly
23/05/2023
G
Bellini
11/06/2023
18
30/04/2023
Statistics OCCURRENCES Fatals (per quarter ending 30 June 2023) 30-Sep
31-Dec
31-Mar
30-Jun
TOTAL
2022–2023
2
2
0
0
4
2021–2022
0
0
0
2
2
2020–2021
1
0
0
0
1
2019–2020
1
3
0
1
5
2018–2019
0
1
0
1
2
ACCIDENT DATA Accidents
Incidents 30-Sep
31-Dec
31-Mar
30-Jun
30-Sep
31-Dec
31-Mar
30-Jun
2022–2023
10
11
10
14
2022–2023
24
36
41
26
2021–2022
5
23
15
11
2021–2022
29
37
29
20
2020–2021
20
16
16
18
2020–2021
28
40
35
31
2019–2020
19
17
10
13
2019–2020
36
44
27
36
2018–2019
11
11
9
17
2018–2019
38
41
45
45
19
Statistics (continued) ACCIDENT DATA (cont.) Defects
Hazards 30-Sep
31-Dec
31-Mar
30-Jun
30-Sep
31-Dec
31-Mar
30-Jun
2022–2023
13
3
4
4
2022–2023
3
2
5
0
2021–2022
2
6
7
2
2021–2022
6
7
3
2
2020–2021
5
11
4
6
2020–2021
2
2
1
6
2019–2020
4
8
13
9
2019–2020
0
0
4
2
2018–2019
2
8
3
9
2018–2019
1
2
2
1
30-Sep
31-Dec
31-Mar
30-Jun
Aircraft Damage 2022–2023
Injury to Persons 2022–2023
30-Sep
31-Dec
31-Mar
30-Jun
Destroyed
3
3
3
3
Fatal
2
2
2
0
Substantial
6
6
7
9
Serious
0
0
1
2
Minor
11
6
9
5
Minor
2
3
4
5
Nil
78
70
87
79
None
122
72
120
122
Unknown
1
5
3
3
Unknown
0
1
0
0
TOTAL
99
90
109
99
ATSB Breakdown of Occurrences 2022–2023 30-Sep 31-Dec 31-Mar
30-Jun
Technical
27
22
15
15
Operational
64
55
76
69
Environmental
1
1
1
1
Airspace
5
11
17
13
Unclassified
0
1
0
1
20
MEMBERS Membership numbers at points in time
New students
30-Sep
31-Dec
31-Mar
30-Jun
30-Sep
31-Dec
31-Mar
30-Jun
2022–2023
10126
10200
10350
10102
2022–2023
459
353
403
300
2021–2022
9620
9878
9978
9946
2021–2022
295
362
407
259
2020–2021
9731
9874
10262
10140
2020–2021
394
343
393
307
2019–2020
9597
9700
9662
9289
2019–2020
423
363
332
307
2018–2019
9479
9476
9692
9573
2018–2019
465
403
543
399
Members by State
Gender comparison
(as at 30 June 2023)
%
Financial Year
Males
Females
ACT
171
1.7%
2022–2023
9290
812
NSW
2654
26.31%
2021–2022
9239
707
NT
77
0.8%
2020–2021
9415
725
QLD
3014
29.88%
2019–2020
8717
572
SA
942
9.3%
2018–2019
8955
618
TAS
238
2.36%
VIC
2179
21.6%
WA
713
7.07%
Australia
9988
99.02%
Overseas
114
0.98%
TOTAL
10102
100.00%
SCHOOLS AND CLUBS Schools
Clubs 30-Sep
31-Dec
31-Mar
30-Jun
30-Sep
31-Dec
31-Mar
30-Jun
2022–2023
151
147
143
136
2022–2023
29
29
29
30
2021–2022
154
152
151
150
2021–2022
25
27
27
28
2020–2021
150
155
152
154
2020–2021
21
21
23
23
2019–2020
153
150
151
147
2019–2020
11
10
15
19
2018–2019
158
156
153
153
2018–2019
21
16
14
11
21
Statistics (continued) AIRCRAFT 3 Axis (A)
30-Sep
31-Dec
31-Mar
30-Jun
2022–2023
2969
2982
2990
2973
2021–2022
2970
2945
2951
2020–2021
2911
2902
2019–2020
2926
2018–2019
2932
Weight Shift (B)
30-Sep
31-Dec
31-Mar
30-Jun
2022–2023
146
144
139
138
2960
2021–2022
161
156
154
152
2930
2947
2020–2021
170
169
166
164
2895
2913
2896
2019–2020
200
185
182
177
2943
2950
2922
2018–2019
208
204
203
195
30-Sep
31-Dec
31-Mar
30-Jun
Powered Parachute (D) 30-Sep 31-Dec 31-Mar 30-Jun
Total
2022–2023
161
162
160
155
2022–2023
3276
3288
3289
3266
2021–2022
168
167
163
162
2021–2022
3299
3268
3268
3274
2020–2021
171
172
170
177
2020–2021
3252
3243
3266
3288
2019–2020
180
175
175
174
2019–2020
3306
3255
3270
3247
2018–2019
188
183
182
180
2018–2019
3328
3330
3335
3297
AIRCRAFT TYPES Make
3 Axis
Make
Jabiru
713
Airborne
105
Tecnam
185
Aeros
7
Aeroprakt
177
Air Creation
5
ICP
122
Solar Wings
5
Skyfox Aviation
79
Flylight
2
Howard Hughes Engineering
71
P & M Aviation
2
Zenith Aircraft
70
Aviate
Austflight ULA
52
Thruster Aircraft Rand Kar
22
Weight Shift
Make
PPC
Aerochute Industries
143
Summit Aerosports
6
Fresh Breeze
4 1
1
Powerchutes System International
Dta Sarl France
1
AAA Fasterway
1
50
Evolution Trikes
1
40
Ramphos
1
Financial Statements Recreational Aviation Australia Limited ABN 40 070 931 645 Financial Statements For the Year Ended 30 June 2023
Contents 30 June 2023 Financial Statements Director’s Report Statement of Comprehensive income Statement of Financial Position Statement of Changes in Equity Statement of Cash Flows Notes to the Financial Statements Directors’ Declaration Auditor’s Independence Declaration Independent Auditor’s Report
23 24 27 28 29 30 31 39 40 41
23
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2023 Directors' report The Directors present their report on Recreational Aviation Australia Limited for the financial year ended 30 June 2023. Directors The following persons held office as directors of Recreational Aviation Australia Limited during the financial year: Michael Monck (Chair) Luke Bayly (Deputy Chair) Trevor Bange Eugene Reid (ceased 25 November 2022) Barry Windle (ceased 25 November 2022) Andrew Scheiffers Simon Ozanne Mark Ferraretto (Appointed in Aug by the board and in Nov at the AGM 2022) Paul Reddish (Appointed in Aug by the board and in Nov at the AGM 2022) Principal activities The principal activity of the Company during the year was to administer light aircraft in Australia. The Company has delegated functions from the Civil Aviation Safety Authority for the control and management of light aircraft registrations and pilot training and certification. The Company is responsible for setting standards for light aircraft maintenance and the training of pilots. Review of operations There were no significant changes to the operations of the Company during the year ended 30 June 2023. Significant changes in the state of affairs No significant changes in the nature of these activities occurred during the year. Matters subsequent to the end of the financial year No matter or circumstance has arisen since 30 June 2023 that has significantly affected, or may significantly affect: (a) the Company's operations in future financial years, or (b) the results of those operations in future financial years, or (c) the Company's state of affairs in future financial years. Likely developments and expected results of operations The Company will continue the same operations as described in the principal activity section in future years. The Company will commence the administration of larger aircraft within the next year under CASR Part149. This will add to the existing administration functions performed. Mission statement A respected organisation that continues to advance safe aviation and encourage training across our industry. We do this by creating opportunities for a wide range of aviation activities, through industry leadership, fostering a diverse community, and innovating across light aviation.
2
24
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2023 Meetings of directors The following table sets out the number of meetings of the directors attended by each director. 2 Aug 2022 9
27 Aug 2022 9
4 Oct 2022 9
27 Oct 2022 9
25 Nov 2022 9
17 Feb 2023 9
12 May 2023 9
Total Meetings 7
Luke Bayly
9
9
9
9
9
9
9
7
Trevor Bange
9
9
9
9
9
9
6
Board Meetings Michael Monck
Eugene Reid
9
Barry Windle
9
Andrew Scheiffers
9
9
9
2
9
3
9
9
9
4
9
9
9
9
7
9
6
9
9
Mark Ferraretto
9
9
9
9
9
Paul Reddish
9
9
9
9
9
Simon Ozanne
9
Committee Meetings Barry Windle (ceased from the RAFC Nov 2022) Simon Ozanne Luke Bayly (ceased from the RAFC Oct 2022) Mark Ferraretto
3 Feb 2022
17 Oct 2022
9
9 9
9
9 Feb 2023
5 20 Apr 2023
Total Meetings 2
9
9
3 2
9 9
9
2
Contributions on winding up In the event of the Company being wound up, ordinary members are required to contribute a maximum of $1 each. Honorary members are not required to contribute. The total amount that members of the company are liable to contribute if the company is wound up is $11,476 based on 11,476 current ordinary members. Operating result The total comprehensive deficit for the year amounted to $52,238 (2022: comprehensive surplus of $564,875). Total comprehensive deficit was achieved through a revaluation of property which otherwise would have resulted in a deficit of ($103,298). This revaluation also increased Asset revaluation reserve substantially from the previous financial year.
3
25
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 Signed in accordance with a resolution of the Board.
……………… … ………… ………………………….. Michael Monck Director Dated:
………………………….. …………… Andrew S Scheiffers h iff Director Dated: 25 October 2023
4
26
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645
STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2023 2023 $
2022 $
3,327,053
3,018,831
1,828,207 175,888 240,262 619,816 566,178 3,430,351
1,638,031 156,648 233,251 610,689 455,223 3,093,842
Deficit before income tax expense Income tax expense Deficit for the year
(103,298) (103,298)
(75,011) (75,011)
Other comprehensive income Gain on revaluation of buildings Total comprehensive (deficit)/surplus for the year
51,060 (52,238)
639,886 564,875
Note Revenue
2
Expenses Employee benefits expense Depreciation and amortisation expense Printing, publications and merchandise Insurance Other expenses Total expenses
3
The accompanying notes form part of the financial statements
5
27
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645
STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2023 2023 $
2022 $
292,062 4,270 52,638 1,446,775 49,716 1,845,461
1,772,495 1,595 43,042 23,277 1,840,409
8 9
1,592,359 136,266 1,728,625 3,574,086
1,416,013 191,320 1,607,333 3,447,742
10 11 12
163,265 310,501 1,032,168 1,505,934
145,323 260,094 992,007 1,397,424
11 12
20,410 649,804 670,214 2,176,148
18,456 581,686 600,142 1,997,566
NET ASSETS
1,397,938
1,450,176
EQUITY Reserves Retained Earnings TOTAL EQUITY
1,038,194 359,744 1,397,938
987,134 463,042 1,450,176
ASSETS CURRENT ASSETS Cash and cash equivalents Trade and other receivables Inventories Financial assets at fair value through profit or loss Other current assets TOTAL CURRENT ASSETS
Note 4 5 6 7
NON-CURRENT ASSETS Property, plant and equipment Intangible assets TOTAL NON-CURRENT ASSETS TOTAL ASSETS LIABILITIES CURRENT LIABILITIES Trade and other payables Short-term provisions Income in advance TOTAL CURRENT LIABILITIES NON-CURRENT LIABILITIES Long-term provisions Income in advance TOTAL NON-CURRENT LIABILITIES TOTAL LIABILITIES
The accompanying notes form part of the financial statements
6
28
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2023 Retained earnings $ 538,053 (75,011) 463,042 (103,298) 359,744
Balance at 30 June 2021 (Deficit)/Surplus attributable to members Balance at 30 June 2022 (Deficit)/Surplus attributable to members Balance at 30 June 2023
Asset revaluation reserve $ 347,248 639,886 987,134 51,060 1,038,194
Total $ 885,301 564,875 1,450,176 (52,238) 1,397,938
The accompanying notes form part of the financial statements
7
29
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2023 2023 $
2022 $
3,374,815 11,067 (3,220,195) 165,687
3,112,249 2,027 (2,894,234) 220,042
CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment Purchase of intangibles Purchase of investments Net cash used in investing activities
(179,615) (66,505) (1,400,000) (1,646,120)
(13,003) (44,025) (57,028)
Net (decrease)/increase in cash and cash equivalents held Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year
(1,480,433) 1,772,495 292,062
163,014 1,609,481 1,772,495
Note
CASH FLOWS FROM OPERATING ACTIVITIES Receipts from members and others Interest received Payments to suppliers and employees Net cash provided by operating activities
4
The accompanying notes form part of the financial statements
8
30
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 The financial statements cover Recreational Aviation Australia Limited as an individual entity. Recreational Aviation Australia Limited is a not-for-profit company limited by guarantee under the Corporations Act 2001. Note 1: Significant accounting policies The principal accounting policies adopted in the preparation of the financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. New or amended Accounting Standards and Interpretations adopted The entity has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. Basis of preparation These general purpose financial statements have been prepared in accordance with the Australian Accounting Standards - Simplified Disclosures issued by the Australian Accounting Standards Board ('AASB'), and the Corporations Act 2001, as appropriate for not-for-profit oriented entities. Historical cost convention The financial statements have been prepared under the historical cost convention. Income tax As the company is a charitable institution in terms of subsection 50-5 of the Income Tax Assessment Act 1997, as amended, it is exempt from paying income tax. Current and non-current classification Assets and liabilities are presented in the statement of financial position based on current and non-current classification. An asset is classified as current when: it is either expected to be realised or intended to be sold or consumed in the company's normal operating cycle; it is held primarily for the purpose of trading; it is expected to be realised within 12 months after the reporting period; or the asset is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least 12 months after the reporting period. All other assets are classified as non-current. A liability is classified as current when: it is either expected to be settled in the company's normal operating cycle; it is held primarily for the purpose of trading; it is due to be settled within 12 months after the reporting period; or there is no unconditional right to defer the settlement of the liability for at least 12 months after the reporting period. All other liabilities are classified as non-current. Impairment of non-financial assets Non-financial assets are reviewed 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. Recoverable amount is the higher of an asset's fair value less costs of disposal and value-in-use. The value-inuse is the present value of the estimated future cash flows relating to the asset using a pre-tax discount rate specific to the asset or cash-generating unit to which the asset belongs. Assets that do not have independent cash flows are grouped together to form a cash-generating unit.
9
31
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Note 1: Significant accounting policies (continued) Fair value measurement When an asset or liability, financial or non-financial, is measured at fair value for recognition or disclosure purposes, the fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; and assumes that the transaction will take place either: in the principal market; or in the absence of a principal market, in the most advantageous market. Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non-financial assets, the fair value measurement is based on its highest and best use. Valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, are used, maximising the use of relevant observable inputs and minimising the use of unobservable inputs. Goods and Services Tax ('GST') and other similar taxes Revenues, expenses and assets are recognised net of the amount of associated GST, unless the GST incurred is not recoverable from the tax authority. In this case it is recognised as part of the cost of the 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 tax authority is included in other receivables or other 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 tax authority, are presented as operating cash flows. Commitments and contingencies are disclosed net of the amount of GST recoverable from, or payable to, the tax authority. Critical accounting estimates The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and assumptions on historical experience and on other various factors, including expectations of future events, management believes to be reasonable under the circumstances. The resulting accounting judgements and estimates will seldom equal the related actual results. The judgements, estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities (refer to the respective notes) within the next financial year are discussed below.
Estimation of useful lives of assets The company determines the estimated useful lives and related depreciation and amortisation charges for its property, plant and equipment and finite life intangible assets. The useful lives could change significantly as a result of technical innovations or some other event. The depreciation and amortisation charge will increase where the useful lives are less than previously estimated lives, or technically obsolete or non-strategic assets that have been abandoned or sold will be written off or written down.
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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Note 1: Significant accounting policies (continued)
Impairment The Company assesses impairment at each reporting date by evaluating conditions specific to the company that may lead to impairment of assets. Should an impairment indicator exist, the determination of the recoverable amount of the asset may require incorporation of a number of key estimates. No impairment indicators were present as at year end. Employee benefits provision The liability for employee benefits expected to be settled more than 12 months from the reporting date are recognised and measured at the present value of the estimated future cash flows to be made in respect of all employees at the reporting date. In determining the present value of the liability, estimates of attrition rates and pay increases through promotion and inflation have been taken into account.
Note 2: Revenue Member receipts Advertising Aircraft registration ASIC fees Operating grant - Government Other Sale of merchandises Interest income Investment income
2023 $
2022 $
2,373,122 24,271 613,619 620 188,497 20,960 52,423 11,067 42,474 3,327,053
2,170,620 29,717 566,863 800 191,497 16,071 41,236 2,027 3,018,831
Accounting policy Revenue from contracts with customers Revenue is recognised at an amount that reflects the consideration to which the company is expected to be entitled in exchange for transferring goods or services to a customer. For each contract with a customer, the company: identifies the contract with a customer; identifies the performance obligations in the contract; determines the transaction price which takes into account estimates of variable consideration and the time value of money; allocates the transaction price to the separate performance obligations on the basis of the relative stand-alone selling price of each distinct good or service to be delivered; and recognises revenue when or as each performance obligation is satisfied in a manner that depicts the transfer to the customer of the goods or services promised. Variable consideration within the transaction price, if any, reflects concessions provided to the customer such as discounts, rebates and refunds, any potential bonuses receivable from the customer and any other contingent events. Such estimates are determined using either the 'expected value' or 'most likely amount' method. The measurement of variable consideration is subject to a constraining principle whereby revenue will only be recognised to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognised will not occur. The measurement constraint continues until the uncertainty associated with the variable consideration is subsequently resolved. Amounts received that are subject to the constraining principle are recognised as a refund liability. Sales revenue Revenue from sale of goods is recognised when received or receivable. Grants Grant revenue is recognised in profit or loss when the company satisfies the performance obligations stated within the funding agreements. 11
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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Interest Interest revenue is recognised as interest accrues using the effective interest method. This is a method of calculating the amortised cost of a financial asset and allocating the interest income over the relevant period using the effective interest rate, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to the net carrying amount of the financial asset. Membership subscriptions The Company’s membership subscription runs for periods of either 12 months, 24 months, 36 months or 60 months. The subscription is recognised over the period the membership relates to.
Other revenue Other revenue is recognised when it is received or when the right to receive payment is established.
Note 3: Other expenses Accommodation, meetings and travel Advertising and promotions Bank charges Computer system Legal expenses Office expenses Other professional fees Postage and PO Box Scholarships and donations
Note 4: Cash and cash equivalents Cash on hand Cash at bank
2022 $
194,383 21,480 33,707 40,269 9,283 113,145 86,290 26,925 40,696 566,178
83,545 18,265 31,151 34,658 138,533 82,611 10,570 55,890 455,223
2023 $
2022 $
500 291,562 292,062
500 1,771,995 1,772,495
Accounting policy Cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other shortterm, 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.
2023 $
Note 5: Inventories Merchandise
2023 $
52,638
2022 $ 43,042
Accounting policy Inventories are measured at the lower of cost and net realisable value. Cost of inventory is determined using the weighted average costs basis and is net of any rebates and discounts received.
12
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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
Note 6: Financial assets at fair value through profit or loss Investments
2023 $
2022 $
1,446,775
-
The Investments have been valued based on their quoted market prices in active markets.
Accounting policy Financial assets at fair value through profit or loss Financial assets not measured at amortised cost or at fair value through other comprehensive income are classified as financial assets at fair value through profit or loss. Typically, such financial assets will be either: (i) held for trading, where they are acquired for the purpose of selling in the short-term with an intention of making a profit, or a derivative; or (ii) designated as such upon initial recognition where permitted. Fair value movements are recognised in profit or loss.
2023 $
Note 7: Other current assets Prepayments
49,716
23,277
2023 $
2022 $
1,540,000 (3,208) 1,536,792
1,370,000 1,370,000
Furniture and fittings - at cost Accumulated depreciation
118,906 (80,647) 38,259
97,560 (74,892) 22,668
Office equipment - at cost Accumulated depreciation
106,698 (102,816) 3,882
103,730 (99,509) 4,221
Computer equipment - at cost Accumulated depreciation
87,646 (74,220) 13,426
82,339 (63,215) 19,124
1,592,359
1,416,013
Note 8: Property, plant and equipment Building - at fair value Accumulated depreciation
Total Property, plant and equipment
2022 $
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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
Note 8: Property, plant and equipment (continued) Movements in Carrying Amounts Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial year: Buildings Balance at 30 June 2021 Additions Revaluation Depreciation expense Balance at 30 June 2022 Additions Revaluation Depreciation expense Balance at 30 June 2023
$ 750,614 639,886 (20,500) 1,370,000 149,997 51,060 (34,265) 1,536,792
Furniture and Fittings $ 26,204 (3,536) 22,668 21,345 (5,754) 38,259
Office Equipment $ 12,511 3,352 (11,642) 4,221 2,967 (3,306) 3,882
Computer Equipment $ 22,389 9,651 (12,916) 19,124 5,306 (11,004) 13,426
Total $ 811,718 13,003 639,886 (48,594) 1,416,013 179,615 51,060 (54,329) 1,592,359
The building was revalued based on a valuation by Egan National Valuers as at 31 May 2023. The valuation has been determined on the basis current market value assuming vacant possession. Market value was determined by reference to comparable sales. Accounting policy Plant and equipment is stated at historical cost less accumulated depreciation and impairment. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Buildings are recorded at fair value and subject to periodical independent valuations. Depreciation is calculated on a straight-line basis to write off the net cost of each item of property, plant and equipment (excluding land) over their expected useful lives as follows: Class of fixed asset Useful life Depreciation rate Buildings 40 years 2.5% Furniture and fittings 5 to 10 years 10% - 20% Office equipment 3 to 10 years 10% - 33% Computer equipment 3 years 33% The residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, at each reporting date. An item of property, plant and equipment is derecognised upon disposal or when there is no future economic benefit to the company. Gains and losses between the carrying amount and the disposal proceeds are taken to profit or loss.
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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
Note 9: Intangible assets Modernisation project - software Accumulated amortisation
622,498 (486,232) 136,266
555,993 (364,673) 191,320
2023 $
2022 $
77,823 36,951 39,316 9,175 163,265
52,003 28,518 50,830 13,972 145,323
Accounting policy These amounts represent liabilities for goods and services provided to the company prior to the end of the financial year and which are unpaid. Due to their short-term nature they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.
Note 11: Provisions CURRENT Provision for annual leave Provision for long service leave NON-CURRENT Provision for long service leave
2022 $
Accounting policy Intangible assets relate to developed software used in the provision of services to members. The costs capitalised relate to development costs only and exclude the costs of research. Developed software is amortised on a straight line basis over 10 years. Amortisation methods, assets’ useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.
Note 10: Trade and other payables Trade payables Accrued expenses GST and PAYG liabilities Other payables
2023 $
2023 $
2022 $
187,922 122,579 310,501
133,129 126,965 260,094
20,410 20,410 330,911
18,456 18,456 278,550
Accounting policy Short-term employee benefits Liabilities for wages and salaries, including non-monetary benefits, annual leave and long service leave expected to be settled wholly within 12 months of the reporting date are measured at the amounts expected to be paid when the liabilities are settled.
15
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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645
RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
Note 11: Provisions (continued) Other long-term employee benefits The liability for annual leave and long service leave not expected to be settled within 12 months of the reporting date are measured at the present value of expected future payments to be made in respect of services provided by employees up to the reporting date 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 reporting date on national government bonds with terms to maturity and currency that match, as closely as possible, the estimated future cash outflows.
Defined contribution superannuation expense Contributions to defined contribution superannuation plans are expensed in the period in which they are incurred.
Note 12: Income in advance Current Non-current
2023 $
2022 $
1,032,168 649,804 1,681,972
992,007 581,686 1,573,693
The Company maintains a nil refund policy on subscriptions except in exceptional circumstances or as required by law. Subscriptions for services yet to be delivered will be realised as revenue over the subscription period/s.
2023 2022 $ $ Note 13: Remuneration of auditors During the financial year the following fees were paid or payable for services provided by RSM Australia, the auditor of the company Audit services
17,500
Note 14: Government funding
16,000
The Company receives financial assistance from the Civil Aviation Safety Authority on an annual basis. The assistance is provided pursuant to a Memorandum of Agreement. There is a separate Memorandum of Agreement each financial year and assistance is provided only on a basis of certain functions being performed by the Company. Note 15: Related Party Transactions The Directors and their related entities transact with the Company from time to time on normal terms and conditions that are no more favourable than those available to others. The types of transactions involved include those that are provided by the Company as part of its normal operations. The transactions are settled at the time of the transaction, and no amounts are owing to the Company at year end in respect of these transactions. The total value of these transactions is low and is considered by the Company to be immaterial. With the exception of compensation of key management personnel, which is separately disclosed in these statements, there were no other related party transaction during the financial year.
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Note 16: Key Management Personnel Compensation Compensation The aggregate compensation made to members of key management personnel of the company is set out below: 2023 2022 $ $ Key management personnel compensation 729,195 677,405 Note 17: Contingent Liabilities The company had no contingent liabilities as at 30 June 2023. Note 18: Commitments The company had no commitments for expenditure as at 30 June 2023. Note 19: Events After The Reporting Period No other matter or circumstance has arisen since 30 June 2023 that has significantly affected, or may significantly affect the company's operations, the results of those operations, or the company's state of affairs in future financial years. Note 20: Company Details The registered office and principal places of business of the Company is: Recreational Aviation Australia Limited Unit 3, 1 Pirie Street Fyshwick ACT 2609
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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ DECLARATION The directors of the Company declare that: a) the attached financial statements and notes comply with the Corporations Act 2001, the Australian Accounting Standards – Simplified Disclosures, the Corporations Regulations 2001 and other mandatory professional reporting requirements; and b) the attached financial statements and notes give a true and fair view of the company's financial position as at 30 June 2023 and of its performance for the financial year ended on that date; and c) there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable. Signed in accordance with a resolution of directors made pursuant to section 295(5)(a) of the Corporations Act 2001. On behalf of the directors Director…………………………………………………………………………………….. ……… ……… ………… … ………… … …… Director…………………………………………………………………………………….. Dated: 25 October 2023
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RSM Australia Partners Equinox Building 4, Level 2, 70 Kent Street Deakin ACT 2600 GPO Box 200 Canberra ACT 2601 T +61 (0) 2 6217 0300 F +61 (0) 2 6217 0401 www.rsm.com.au
AUDITOR’S INDEPENDENCE DECLARATION As lead auditor for the audit of the financial report of Recreational Aviation Australia Limited for the year ended 30 June 2023, I declare that, to the best of my knowledge and belief, there have been no contraventions of: (i)
the auditor independence requirements of the Corporations Act 2001 in relation to the audit; and
(ii)
any applicable code of professional conduct in relation to the audit.
RSM AUSTRALIA PARTNERS
Rodney Miller Partner Canberra, Australian Capital Territory Dated: 27 October 2023
THE POWER OF BEING UNDERSTOOD AUDIT | TAX | CONSULTING RSM Australia Partners is a member of the RSM network and trades as RSM. RSM is the trading name used by the members of the RSM network. Each member of the RSM network is an independent accounting and consulting firm which practices in its own right. The RSM network is not itself a separate legal entity in any jurisdiction. RSM Australia Partners ABN 36 965 185 036
Liability limited by a scheme approved under Professional Standards Legislation
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RSM Australia Partners Equinox Building 4, Level 2, 70 Kent Street Deakin ACT 2600 GPO Box 200 Canberra ACT 2601 T +61 (0) 2 6217 0300 F +61 (0) 2 6217 0401
INDEPENDENT AUDITOR’S REPORT To the Members of Recreational Aviation Australia Limited
www.rsm.com.au
Opinion We have audited the financial report of Recreational Aviation Australia Limited (the Company), which comprises the statement of financial position as at 30 June 2023, the statement of comprehensive income, the statement of changes in equity and the statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies, and the directors' declaration. In our opinion, the accompanying financial report of the Company is in accordance with the Corporations Act 2001, including: (i) giving a true and fair view of the Company's financial position as at 30 June 2023 and of its financial performance for the year then ended; and (ii) complying with Australian Accounting Standards – Simplified Disclosures and the Corporations Regulations 2001. Basis for Opinion We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Report section of our report. We are independent of the Company in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (the Code) that are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code. We confirm that the independence declaration required by the Corporations Act 2001, which has been given to the directors of the Company, would be in the same terms if given to the directors as at the time of this auditor's report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Other Information The directors are responsible for the other information. The other information comprises the information included in the Company's annual report for the year ended 30 June 2023 but does not include the financial report and the auditor's report thereon. Our opinion on the financial report does not cover the other information and accordingly we do not express any form of assurance conclusion thereon. In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit or otherwise appears to be materially misstated.
THE POWER OF BEING UNDERSTOOD AUDIT | TAX | CONSULTING RSM Australia Partners is a member of the RSM network and trades as RSM. RSM is the trading name used by the members of the RSM network. Each member of the RSM network is an independent accounting and consulting firm which practices in its own right. The RSM network is not itself a separate legal entity in any jurisdiction.
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RSM Australia Partners ABN 36 965 185 036
Liability limited by a scheme approved under Professional Standards Legislation
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If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Responsibilities of the Directors for the Financial Report The directors of the Company are responsible for the preparation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards – Simplified Disclosures and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error. In preparing the financial report, the directors are responsible for assessing the ability of the Company to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so. Auditor's Responsibilities for the Audit of the Financial Report Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report. A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website at: http://www.auasb.gov.au/auditors_responsibilities/ar4.pdf. This description forms part of our auditor's report.
RSM Australia Partners
Rodney Miller Canberra, Australian Capital Territory Date: 27 October 2023
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Image by Ed Herring 43
Recreational Aviation Australia ACN 070 931 645 3/1 Pirie Street PO Box 1265 FYSHWICK ACT 2609
02 6280 4700 members@raaus.com.au raaus.com.au