RAAus Annual Report 2021-22

COVER

ANNUAL REPORT 2021–2022

CONTENTS Chair Report

2

CEO Report 4 Governance 6 A message from the CEO

11

RAAus supports flood-affected members

12

Group G update from the CEO

13

Fly’n For Fun 14 Pilot Certificates 16 Statistics 20 Financial Statements 24

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Chair Report with their blessing, made significant progress to offering even more aviators the ability to utilise the RAAus system to their advantage by opening our doors to aircraft up to 760kgs. Our efforts here included the removal of the arbitrary 45kt stall speed initially detailed in the regulations.

In addition to this we continue to advocate for access to controlled airspace for our members to ensure that we are not repeatedly forced into tiger country which presents substantial risks to the lives of our pilots and their passengers.

The sector as a whole continues to face pressures from economic factors as well as other environmental influences. This includes the obvious COVID related difficulties that have plagued the broader economy through to industry specific concerns. On the recovery from pandemic related shutdowns and restrictions we now encounter issues such as limitations by government owned entities that impose constraints on training operations that are, in some instances, worsening the financial troubles faced by our flight training schools.

The 2021/22 year has been yet another challenging one. Over the past few years we have looked ahead and said “surely it has to get better” and yet we continue to face significant challenges from a range of areas. Having said this, RAAus remains one of the healthiest (if not THE healthiest) general aviation advocacy body in Australia. We also remain strong in terms of membership numbers with our organisation representing in excess of 9000 aviators across the country. Moreover, our register contains more than 3300 aircraft and we have some 190 flight schools in the system providing employment opportunities for pilots and training services to members.

Of course the weather and the continued presence of La Niña cycles presents its own set of challenges with an unprecedented third consecutive year of the conditions making it difficult to go flying.

These challenges aside, we have come through the year in a position that allows us to continue serving our members and meeting the needs of the broader industry where appropriate. With a total comprehensive surplus of $564k (noting that this has been bolstered by a positive asset revaluation), we continue to remain financially healthy.

This most recent 12 months has seen RAAus participate in a number of regulatory reform spaces including medical reform, airworthiness standards and pilot training. Some of these activities are ongoing while others have come to a conclusion, however, in all cases RAAus continues to work closely with the regulator, the Minister, the Department and other government and industry stakeholders to advance causes for the industry.

The organisation has taken the time to reflect on the previous year’s operations and proactively look towards the future and will set out a new strategic plan to ensure the strong performance of the past is continued into the future. This will include looking inwards and providing our staff and volunteers with the training and support they require as well as looking outward and considering our members needs as well as those of the industry at large.

This has seen us realise several key milestones in the history of RAAus including the awarding of Australia’s first unrestricted part 149 certificate.

We have also worked closely with industry, and 2

We are a wide open land with a diverse landscape ideally suited to aviation and RAAus is equally diverse in its thinking and approach to delivering on its objectives.

organisation while the China and Taiwan tension in the APAC region also looms large.

Broadening our focus to include new forms of aviation as they emerge and evolve in coming years will also offer new opportunities and help spread rising costs over a larger user base. The wider uptake of electric technologies and the introduction of new powered lift vehicles creates some exciting hurdles to overcome but also brings with it equally exciting prospects for the industry as these new ideas are adopted.

All of these things will remain on our risk radar together with those items more directly related to the day to day operations of our organisation.

With some forethought, preparation and positive execution of our business plans, we will remain in a solid position for many years to come.

It is worth taking a moment to consider the objects of RAAus and how we are performing against this simple measure. Our constitution states clearly that we will pursue the advancement of aviation and encourage training in a number of related areas. To this end, I believe we continue to serve our members interests as well as those of the aviation sector more holistically.

RAAus is about to enter its fifth decade of existence and is one of the oldest aviation organisations of its type in Australia. With a stable platform, a steady hand at the helm and some forward thinking I expect that Australia’s largest member based aviation advocacy body will continue to thrive into the future. The chance to shape and guide advances in aviation across our country is one that we are ready to take advantage of. We are a wide open land with a diverse landscape ideally suited to aviation and RAAus is equally diverse in its thinking and approach to delivering on its objectives.

Considering that we cater to a number of different forms of aviation directly including powered parachutes, weightshift microlight aircraft and 3-axis aircraft, we represent a broad cross section of aviators. Our efforts to include even more aviators continue with our ongoing support of a number of industry initiatives that benefit aviators of all kinds. Our engagement and support of other sport aviation organisations and our ongoing presence in bodies such as the General Aviation Advisory Network and The Australian Aviation Associations Forum are just two examples of our collaborative efforts to further the interests of aviation in Australia.

Whilst we may continue to face further challenges in the coming years as we have done in those years most recently gone by, we are well placed to thrive and remain in a position to deliver on the industry’s needs.

In a more forward looking capacity we will continue to face challenges in the near future.

I expect that the world economy and perhaps even political unrest will provide us with considerable trials in the next few years. Inflationary pressures are already present and the potential for a sizeable economic downturn on a global scale should not be underestimated.

Michael Monck Chair

Of course we already have the actions of Russia in Ukraine that have affected a number of aircraft suppliers having flow on effects into the 3

CEO Report From an operational perspective this year was busy! We worked to embed the processes associated with our CASR Part 149 certificate, implemented the changes associated with the new CASA Flight Operation Regulations and assisted in the development of Part 103 – which will eventually replace the 95-series CAOs, developed our application for administering Group G (lightweight aeroplanes <760kg), assisted with the establishment of the ADS-B rebate program, hosted the inaugural Fly’n For Fun at Parkes, participated in a range of technical working groups and consultation activities, just to name a few.

Not bad for a team of 16 full time and two part time staff!

Throughout the reporting period it’s pleasing to say we had some ‘wins’ with the regulator.

These were brought about through assertive yet respectful advocacy. It’s important that we advocate in such as way that our message is heard loud and clear, but that we’re also ‘playing the game not the person’. That is, I take the view that the majority of people get up in the morning and go to work to do a good job. It isn’t their intention to be obstructionist or difficult, but pressures that are often not seen by us are the main driver for why we don’t always get what we want. On this basis we are respectful but we’re also tenacious in that if we fail to succeed, we regroup and try and different but still respectful approach.

I’m proud to present this annual report for the 2021–2022 financial year. Challenging conditions during the year including COVID-19 lockdowns, floods and La Niña saw RAAus fare well and land ahead of our financial budget.

As members will see in the audited Financial Statement, our comprehensive surplus was $564,875, which was very much assisted by a positive revaluation of our office unit in Fyshwick, ACT. Excluding this revaluation, the underlying result for the year was a deficit of ($75,011), which was still ahead of our budgeted position.

Three such examples of our wins in the last year include:

Like most membership-based organisations, during the years affected by COVID-19 RAAus experienced a fluctuation in membership numbers, both positive and negative. At the end of the FY22 financial year RAAus had 9,090 ordinary members, which was down on FY21 where we saw a strong rebound after the initial lockdowns. In FY22 the rebound in membership numbers after the July 2021 lockdowns on the East Coast was not as pronounced, however there were other factors that came in to play none more so than the weather! Be it the case, our membership numbers continue to trend in the right direction with our temporary members exceeding expectations and this means more and more Australians are participating in aviation activities – which is great news.

•

CASA permitting ASAOs to apply for administering aircraft up to and including 760kgs.

•

The removal of a 45 knot stall limitation on the aircraft operating within the 760kg category.

•

CASA publishing a GA Roadmap that specifically calls out that they will shortly consult on a proposal to increase access to Class C and D airspace for sport and recreational aviation.

It’s true that these ‘wins’ have taken many years to come to fruition, but these matters are not always as simple as they may seem. There are often many stakeholders involved, there are also 4

I am proud of the result RAAus achieved for our members. We are a small organisation that exists for the advancement of aviation in this country and to encourage training in all areas of aviation.

It can’t be left unsaid about the value our staff at RAAus continue to deliver for our members.

Our team of professionals have worked solidly throughout the pandemic and beyond. Be it storing of online store stock at home and sending items to members at their local post office, spending their own time at events, burning the midnight oil to ensure a registration is completed or a membership is updated, or setting their workstation up on their dining room table to deliver seamless service to our members. This commitment is what makes RAAus great. It’s our aim to deliver exceptional customer service to our members and to make life easy for those wishing to participate in recreational aviation. It’s a privilege to lead this team and I thank them very much for all that they achieve.

those people for and against, and of course there is the need for us to demonstrate that there is a sound safety argument to proceed.

In summing up the year that was FY22, I am proud of the result RAAus achieved for our members.

We are a small organisation that exists for the advancement of aviation in this country and to encourage training in all areas of aviation. I believe we do this and more, whilst being supportive of other forms of aviation, be it our sport aviation cousins, new and emerging industries such as Advanced Aerial Mobility (AAM) or those operating in the CASA regime. We’re a relatively small industry and it’s important that we work together for the betterment of the industry and I’m proud to say that RAAus is playing our part.

An area where RAAus has played a large role is in the world of airspace. As many of our members know, over the past year Airservices Australia published another consultation to seek industry views on the lowering of Class E airspace on the East Coast, this time from 8,500ft to 6,500ft. As a result of RAAus putting forward a strong rebuttal to their earlier proposals and by working with them, Airservices conducted considerable safety and economic modelling in support of their latest proposal. Although there is some financial impact to airspace users, the merit of the proposal was such that RAAus did not object to the proposal.

Furthermore, with the ADS-B rebate program now in effect to financially assist our members to fit transponders and ADS-B this made the proposal more palatable.

Matt Bouttell Chief Executive Officer

I’d like to thank our partners at Pace that produce our fantastic SportPilot magazine. I regularly hear our members saying what a great publication this is. The care and effort the Pace team put in to producing our magazine is a real credit to them. Interestingly, SportPilot is one of only a few remaining Australian aviation-centric magazines still on sale in newsagents around the country and the sales are good, indicating continued appetite for aviation in this country.

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Governance RSVP: For those wishing to attend the meeting in person at the RAAus office, they are requested to RSVP by 5pm Tuesday 10 May by emailing admin@ raaus.com.au

Board Communique 2021 Election Results

RAAus is pleased to announce the results of our 2021 Director Elections. Each elected Director will serve a three-year term from the end of our 2021 AGM.

General nature of business: To seek member approval of a Special Resolution.

Special Resolution: Refer below and on the Member Portal.

RAAus received three nominations for the two positions available. During the voting period (1 September 2021 to 28 September 2021) a total of 1226 members participated in the voting process, which was more than double the participation rate from 2020.

Situation regarding members appointing proxies: Members can appoint a proxy.

Appointment of proxy is required to be completed by no later than 5pm Tuesday 10 May 2022 and is to be performed using the Vero Voting meeting platform.

From the 1226 voting participants, a total of 2,138 votes were cast. Remembering that each member could vote for a director in each of the two vacant positions, so a total of up to two choices per member was permitted.

Vero Voting meeting platform RAAus has engaged Vero Voting to provide a means for members to participate in the General Meeting via secure, electronic means that utilises a web-based proprietary application and the Zoom video conferencing application. This application is also to be used for the appointment of proxy.

Votes were cast as follows: Candidate Simon Ozanne Luke Bayly Rodney Birrell

Total Votes Elected 741 YES 706 YES 691 NO

Each eligible member will be provided with unique login details and instructions shortly after announcement of this General Meeting.

Rationale The resolution relates to the Director nomination and election process. Given the contemporary focus on effective governance, it is consistent with the RAAus approach to continuous improvement to seek member approval for several proposed amendments to the Constitution. This special resolution has a particular focus on improving, and creating certainty regarding, the Director nomination and election process, the process for removing a director by member resolution, and an update of the circumstances where a Director ceases to be a Director.

NOTICE OF GENERAL MEETING & SPECIAL RESOLUTION 19 April 2022 RECREATIONAL AVIATION AUSTRALIA (RAAUS) LTD NOTICE OF GENERAL MEETING & SPECIAL RESOLUTION THURSDAY 12 MAY 2022 AT 5.00 PM AEST Pursuant to Section 249L of the Corporations Act 2001 (Cth) and Clause 21.3 of the RAAus Constitution, notice is hereby given that the Directors have called a General Meeting for members to consider approval of several amendments to the RAAus Constitution.

Summary of proposed amendments Section 34.3 The intent of the proposed amendment is to enable the Board to approve the scope of the mandatory criteria for nomination as approved by the Board.

Each year during the conduct of the nomination and election process any process issues are

Place: RAAus Office Unit 3/1 Pirie St, Fyshwick ACT 2609 and via electronic means utilising Vero Voting meeting platform.

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recorded and appropriate proposed amendments developed for Board consideration and approval.

The proposed amendments are now presented to members seeking approval.

Further, that a director so removed be disqualified for a period of five (5) years from nominating again.

Introduce a step that enables a director to be suspended or relieved pending the outcome of a Section 203D process. This ensures the protection of the company on an interim basis.

Section 34.4 The intent of the proposed amendment is to compel the Board to review the process annually to ensure contemporary issues and needs are addressed.

Special Resolution That members approve the proposed amendments to the Constitution as presented in Attachment 1 below (numbered 1,2 & 3 in that attachment). The following attachment can also be viewed in the Member Portal.

Section 37 The intent of the proposed amendment is to: Codify and utilise the available Corporations Act (Section 203D) powers regarding the ability to remove director.

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Governance (cont.)

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Dear member,

will, now and in years to come, be proactive in their review of policies in this space and can no longer rely on it being good enough based on past performance.

By now, you would have probably seen the notice regarding a general meeting to discuss some changes to the rules that govern RAAus – our constitution. This constitution, according to the law, has the effect of being a contract between RAAus and its members making it our single most important governing document. During the last board election cycle some areas that could use a little improvement were identified. These primarily related to the requirements to be met in order to be eligible to be a director, the process used during elections and when someone stops being a director.

The final area of change is to simply highlight that members have a right to remove directors. This, in some ways, is no change to existing members rights as the ability to remove a director is already embodied in the Corporations Act. Having said this, many of our members are not across those rights that are conferred on them via the Act and do not wish to peruse the hundreds of pages of law to learn what they can and cannot do. With this in mind, your board felt it is appropriate to replicate these rights in our constitution to make it easier for members to understand.

For the past ten years or so, and perhaps even longer, RAAus has published a nominations pack outlining the requirements to be met in order to nominate for a role on the board. This includes dates to submit, the requirement to submit an election statement, declarations of items that relate to material interests in the activities of RAAus and so forth. In the 2021 election, one candidate did not comply with these requirements and challenged the validity of them despite it being the status quo for a number of years prior. The fallout of this was that RAAus expended considerable amounts of time and member funds exploring the legal issues around this which diverted attention away from our core activities. The changes to clause 34.3 in our constitution are designed to remove any ambiguity about the validity of these requirements and alleviate the risks associated with spending more member funds on frivolous claims.

It is important to note that the Act prevents directors from removing directors and a company constitution cannot override this. That is, this clause in no way whatsoever allows your board to remove a director, that is a privilege reserved for members only. The only power this clause gives the board is to suspend a director should the members feel it is appropriate to exercise their powers to remove that particular director.

This power to suspend can only be exercised if members move a motion to remove a director and only lasts until a vote on that motion has been taken. The power is triggered by members and is terminated when members make their ultimate decision. The board cannot exercise this power without the members first taking action to allow the board to do so.

A NOTE FROM THE CHAIR 20 April 2022

As our organisation continues to mature, and the landscape in which we operate changes or when gaps are identified in the way we govern, your board will continue to review and update our internal policies, procedures and processes accordingly. These constitutional amendments are just one thing in this space that have arisen out of the things that we have learned over the past year or so. Just like pilots like to improve the way they fly, we like to improve the way the organisation is run so that our ability to fly is protected. We hope that you will support these changes and strengthen the organisation for years to come.

An example of our nomination pack and the criteria which have been in place for around a decade can be seen in the member portal at: https://members.raa.asn.au/storage/raaus-boardnomination-pack-2021.pdf The second area identified for change relates to the process used to conduct the elections.

Previously it was acceptable that the status quo remain and that no review is required. Given the events of the past year the board now feels that it is appropriate to compel current and future directors to be active in their review of the process each and every year. The amendment to 34.4 now stipulates that the board MUST do this meaning it is no longer optional. This additional requirement gives members more assurance that the board

Michael Monck Chair

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Governance (cont.)

General Meeting Outcome 19 May 2022 On behalf of the Board, I’m pleased to share with you that a Special Resolution to amend the RAAus Constitution was passed last Thursday at a General Meeting. These amendments are currently being incorporated and registered with ASIC, with the new version to be published on the RAAus website in the coming week.

well as participation in the meeting using Zoom.

From our perspective this system worked well and we look forward to expanding our capability with this in the future. Should you have any feedback on the system I’d certainly welcome you sharing it with me so we can continue to improve. Please email me at ceo@raaus.com.au

For the first time we held a General Meeting using the Vero Voting meeting platform that enabled electronic management of proxies and voting as

Meetings of Directors The following table sets our the number of Board Meetings attended by each director

Directors eligible to attend

* Committee Board meetings attended meetings attended

Total

Michael Monck (Chair)

6

6

Barry Windle

5

Eugene Reid

5

5

Trevor Bange

6

6

Andrew Scheiffers

6

6

Luke Bayly

6

Simon Ozanne (Commenced 6/11/2021)

4

4

Rodney Birrell (Ceased 6/11/2021)

1

1

4

4

* The Only Committee formed by the Board in FY22 was the Risk, Audit and Finance Committee

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9

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A Message from the CEO Government announces Aviation Recovery Framework, including ADS-B funding 20 December 2021 RAAus welcomes today’s announcement of an Aviation Recovery Framework, by the Deputy Prime Minister Hon Barnaby Joyce MP. In his media release today, the Deputy Prime Minister said “This policy framework is being put in place to help Australia’s aviation industry emerge bigger, better and stronger on the other side of the pandemic.”

years we’ve represented our members, and the industry more broadly, on the Deputy Prime Minister’s General Aviation Advisory Network (GAAN), the National Emerging Aviation Technologies Consultation Committee (NEAT CC), CASA’s Aviation Safety Advisory Panel (ASAP) and countless Technical Working Groups (TWGs), to name a few. We’d therefore welcome involvement in the Strategic Advisory Committee being established to oversee the rollout of the Aviation Recovery Framework.

One of the key support measures being introduced in the Framework is funding of $30 million in rebates to recreational and general aviation operators for up to $5,000 or 50 percent of the cost of installing ADS-B technology.

“Our strategic involvement helps to influence the landscape and we’re grateful that the Deputy Prime Minister recognises the role RAAus plays across industry.”

RAAus CEO Matt Bouttell said today that “We’re very grateful that the Deputy Prime Minister has invested in our industry. These measures will yield financial and safety benefits for many years to come. Furthermore, we’re encouraged to see that the RAAus submissions made to the Airservices Australia Class E Proposals earlier this year (see here and here) did not fall on deaf ears, and that our contribution whilst working across Government and it’s agencies has assisted in making the ADS-B funding become a reality.

RAAus will support our members as the scheme is rolled out, particularly those who choose not to take up this generous rebate, to minimise any operational effect. We will also continue to advocate that any airspace design changes resulting from this scheme are justified on safety grounds. The funding also increases the value for those who have already invested in ADS-B technology by making the technology available to more people and improving situational awareness for all users.

“We see this this initiative as not only improving air traffic management surveillance and safety, but it will stimulate aircraft maintenance by supporting jobs and enabling the safe integration of new technology such as Advanced Air Mobility (AAM) and Remote Piloted Aircraft Systems (RPAS). From a financial perspective, this scheme will enable the retirement of costly enroute radar infrastructure and see other efficiencies be derived, resulting in savings being passed onto industry in the longer term.”

Finally, we congratulate Qantas for being brave and putting this forward as an initiative in their Future of Aviation Submission to support general and recreational aviation.

This demonstrates the ability for all industry stakeholders to appreciate each others’ challenges and to work collaboratively across industry, even in areas they’re not specifically involved in, to achieve outcomes for the greater good.

After the announcement, Michael Monck, RAAus Chair, said “RAAus continues to participate in many Government and industry Working Group’s and we’re seen as a trusted advisor across many areas. Over the past few

The Aviation Recovery Framework is available at: www.infrastructure.gov.au/ infrastructuretransport-vehicles/aviation

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RAAus supports flood-affected members RAAus support for members affected by flooding 3 March 2022 Recreational Aviation Australia (RAAus) has today announced a range of measures totalling $100,000, aimed at supporting members as they manage the aftermath of devastating floods in South-East Queensland and NSW.

also known as Non-flying members, who may also seek extension to their membership for twelve months • Putting $10,000 towards facilitating the availability of L2/L4 maintainers so they can travel to affected locations and support aircraft owners as they repair their aircraft • Continuing the existing program that funds working bee lunches at a range of airfields that will keep the energy up for those working in often torrid conditions during the clean-up • Establishing a community of RAAus helpers, where members wishing to assist those in need, can advertise their services for the rebuilding efforts.

• Making available counselling services through a dedicated specialist service provider The RAAus Board also recognises that we need to plan and support our members now and into the future. We have committed to working toward dedicating a fund where our members can call upon RAAus in the future to assist in similar ways, should the need arise. We are still working through the details of this however we maintain the principle that as members of RAAus, the benefits extend well beyond the registering of aircraft and issuance of pilot authorisations.”

Over the past several years the aviation community has been faced with many challenges including bushfires and COVID-19. We’re now observing the tragic events unfold in Ukraine and experiencing unprecedented flooding in parts of south-eastern Queensland and NSW. RAAus recognises that the compounding effect of these events is really starting to bite, and is fortunate to be in a financial position to play a larger role in supporting our members.

Chair of the RAAus Board, Michael Monck said that “our member-based organisation is a community that looks out for one another. And with a strong balance sheet we are very much able to play a part in supporting our members, aircraft owners, maintainers and flight training schools as they deal with these devastating floods.

Today the RAAus Board resolved to implement a range of measures, that includes: •

•

•

•

Access to dedicated funds of up to $25,000 for RAAus aircraft owners, RAAus Flight Training Schools and RAAus aircraft maintainers, where RAAus will co-fund up to 50% of insurance excess for aircraft, tooling, or flight training school premises to a maximum value of $250 per affected member Setting aside up to $15,000 in registration fees for owners of severely damaged or written-off aircraft, to assist members when registering another aircraft or re-registering their repaired aircraft in the future Making available $45,000 of financial assistance to our flight training schools should they temporarily re-locate or need to re-establish themselves.

Supporting affected RAAus maintainers,

RAAus CEO Matt Bouttell said today that “whilst RAAus provided a range of fee-waiving options throughout the COVID-19 pandemic in support of members doing it tough, this latest package, as approved by the RAAus Board, goes much further in terms of the quantum, whom it supports and how it will be delivered.

Over the coming week my team and I will be finalising the terms and conditions of each measure so we there are clear expectations for members around eligibility and how to access this support. This will all be communicated to members via a dedicated E-News along with updates to our website.”

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Group G update from the CEO 19 May 2022 G’day folks, I’m very pleased to share with you that CASA has released its Summary of Consultation for the removal of a 45 kt stall speed limitation for aircraft designed to operate within the lightweight aeroplane category per CAO 95.55. The conclusion that CASA reached is that they will remove this limitation, and include, as appropriate, requirements in relation to competency standards and units of competency for the operation of lightweight aeroplanes, including for the flying training mentioned in section 11 of the CAO (95.55).

requirements will be onerous, it’s important that all RPC holders are aware that this is the case.

Also, the maintenance requirements for Group G aircraft will be different to other Groups including L4/LAME maintenance requirements. We are aiming to host a Live Stream event in June to share more detail on Group G so please keep an eye out when we publish information on how to participate in that.

When will Group G commence? Well, our team is working hard to develop a submission to CASA that will allow us to commence registering (applicable) Group G aircraft and to enable the granting of endorsements for those pilots wanting to fly them.

We remain on track to make this submission to CASA by 30 June and then expect a bit of ‘backand-forth’ with them over a period of a couple of months, before we obtain the approval. That means that until we obtain this approval from CASA, we cannot take advantage of the increased MTOW. It’s a process that we always knew about and that as a Part 149 organisation, we must follow.

This is an outstanding outcome for our members and the industry more broadly, including aircraft manufacturers, to provide more choice in the types of aircraft that may safely operate under our simple and accessible ruleset.

Lightweight aeroplanes will be known by RAAus as ‘Group G’ and in simple terms, these aircraft are to be either an amateur built aircraft or a type certified aircraft designed to relevant standards and that are permitted within the pilot operating handbook (POH) to operate with a maximum takeoff weight (MTOW) between 601 kgs and 760 kgs. These aircraft will also need to be registered with RAAus in the Group G category and display different registration markings to aircraft in other Groups. Group G aircraft may not be a light sport aircraft (LSA) at this stage.

I’m immensely proud of our whole team, who have worked tirelessly to advance these privileges for our members and to help grow the industry.

So thanks team!

Stay safe out there folks, and lets all hope that the wet weather affecting so many of us disappears soon to allow us to clock some hours up!

For Group G operations, there will be some additional flight training requirements for Recreational Pilot Certificate (RPC) holders and instructors and the need to hold a specific Group G endorsement. Whilst we don’t believe these

Cheers Matt

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Fly’n For Fun On the first weekend in April RAAus held our inaugural Fly’n For Fun at Parkes. Our main objectives were to see what appetite there was for such an event, to bring our community together after a couple of years away due to COVID-19, and to provide a vehicle for industry exhibitors to show their wares.

I’m pleased to report back that we ticked all of these boxes and more.

Our community triumphantly came together and the overwhelming response from all that I spoke to was that ‘it was great to be back’.

And it really was.

Throughout the weekend in Parkes we saw more than 70 aircraft, both RAAus and VH- registered, fly in. We also had many other attendees drive in and either camp at the event site or opt for motel accommodation in the town of Parkes. Whilst the weather on the East Coast provided some challenges and kept numbers lower than registered, these numbers still surpassed our expectations and, with two years to prepare for the next Fly’n For Fun along with the continued support from the AMDA Foundation, there is no doubt that we will do this again and make it bigger and better.

To those that attended, I hope you enjoyed yourself because we certainly did!

Matt and the team at RAAus

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15

Pilot Certificates PK

Valeri

2/07/2021

C

Parker

23/07/2021

OJ

Lane

20/08/2021

J

Fraser

11/09/2021

CP

Hird

3/07/2021

EJ

Lowndes

23/07/2021

D

Eichhorn

20/08/2021

B

Perrett

12/09/2021

HJ

Freudenstein

3/07/2021

MR

Stewart

26/07/2021

A

Hammarfalk

20/08/2021

CK

Russell

13/09/2021

S

Whale

3/07/2021

D

Moore

26/07/2021

M

Dows

21/08/2021

S

Wing

13/09/2021

D

Milton

3/07/2021

M

Zuchetto Schemes

26/07/2021

WJB Greer

24/08/2021

CJ

Hackett

13/09/2021

WC

Van De Lindt

4/07/2021

NMS Houston

27/07/2021

S

Allen

24/08/2021

M

Gabell

15/09/2021

MA

Soulsby

4/07/2021

D

Conway

27/07/2021

AD

Prior

25/08/2021

D

Walker

15/09/2021

C

Zhang

5/07/2021

R

Crothers

28/07/2021

P

Kooistra

26/08/2021

RW

Owen

15/09/2021

MJ

Patterson

6/07/2021

MJ

Schoen

29/07/2021

PR

Fetchik

27/08/2021

HA

Cunningham

15/09/2021

JWN Hunter

6/07/2021

EH

Bullock

29/07/2021

E

Henry

27/08/2021

MG

Burns

15/09/2021

BG

Walsh

6/07/2021

JC

Matthes

30/07/2021

F

Jaques

28/08/2021

AP

Harris

15/09/2021

D

Rowling

7/07/2021

K

Diao

30/07/2021

I

Van Heerden

28/08/2021

S

Thomas

16/09/2021

C

Matheson

7/07/2021

N

Knight

30/07/2021

JD

Lis

28/08/2021

M

Withoos

16/09/2021

M

Howard

7/07/2021

S

Kennedy

30/07/2021

A

Fountain

29/08/2021

S

Coote

16/09/2021

J

Barker

7/07/2021

A

Canaris

30/07/2021

JD

Moreno Medina

29/08/2021

LM

Sycz

17/09/2021

AJ

Surplice

7/07/2021

S

Harris

30/07/2021

T

Redgrave

31/08/2021

DJ

Salvemini

17/09/2021

R

Staier

8/07/2021

S

Rees

31/07/2021

V

Travers

1/09/2021

ID

Hislop

17/09/2021

JL

Mattiacci

8/07/2021

D

Osses-Santander

1/08/2021

M

Brown

1/09/2021

S

Olver

17/09/2021

DR

Evezard

8/07/2021

MGA Herps

1/08/2021

G

England

1/09/2021

S

Scoffell

19/09/2021

R

Maxwell

10/07/2021

MA

Jambor

2/08/2021

D

Seymour

1/09/2021

A

Wise

19/09/2021

C

Duirs

10/07/2021

JA

Ford

3/08/2021

ME

Waddell

1/09/2021

T

Eather

19/09/2021

PB

Sigmund-Michelini

11/07/2021

TMA Kingsley

3/08/2021

A

Rivero

2/09/2021

W

Rooklyn

19/09/2021

F

Theron

11/07/2021

K

Cornall

4/08/2021

TJ

Oag

2/09/2021

NI

Forbes

19/09/2021

NG

Bennett

11/07/2021

G

Little

5/08/2021

A

Fleming

2/09/2021

C

Galante Biscuola 20/09/2021

K

Bennett

11/07/2021

C

Mock

5/08/2021

ED

Murray

3/09/2021

RT

Onley

22/09/2021

KG

Muir

12/07/2021

J

Richert

6/08/2021

JA

Stewart

3/09/2021

AJ

Hipwell

22/09/2021

LH

Mcdonald

12/07/2021

B

Harvey

8/08/2021

H

Liu

3/09/2021

P

Anderson

22/09/2021

S

Hayes

13/07/2021

A

Szymfeld

8/08/2021

J

Darcy

4/09/2021

C

Kunde

23/09/2021

VB

Cronin

13/07/2021

J

Pulbrook

8/08/2021

J

Brandon

4/09/2021

JD

Thompson

23/09/2021

R

Bunch

13/07/2021

J

Thatcher

9/08/2021

SR

Rotherham

4/09/2021

KN

Gliddon

23/09/2021

A

Wood

14/07/2021

M

Trotter

9/08/2021

AG

Theron

5/09/2021

J

Payne

24/09/2021

P

Thistleton

14/07/2021

J

Boyd

10/08/2021

J

Mackin

6/09/2021

TJ

Walton

24/09/2021

CC

Totenhofer

14/07/2021

PR

Suri

11/08/2021

B

Lewis

7/09/2021

DP

Bolton

24/09/2021

HB

Templeton

15/07/2021

JD

Ottaway

11/08/2021

A

Locke

7/09/2021

B

Smith

24/09/2021

K

Rowe

15/07/2021

M

Swaby

11/08/2021

PR

Haxell

7/09/2021

GL

Freeman

24/09/2021

E

Partush

16/07/2021

S

Williams

12/08/2021

S

Pylilo

8/09/2021

K

Francis

24/09/2021

B

Smith

18/07/2021

MS

Mangat

14/08/2021

C

Anderson

8/09/2021

M

Greig

25/09/2021

A

Drake

18/07/2021

A

Seymour

14/08/2021

NR

Mason

8/09/2021

HL

Dahl

26/09/2021

M

Trifu

19/07/2021

T

Macdonald

14/08/2021

T

Cronan

8/09/2021

TW

Denham

26/09/2021

J

Ryan

19/07/2021

SJ

Ahrens

14/08/2021

D

Ranger

9/09/2021

P

Smith

27/09/2021

LJ

Mcvey

19/07/2021

E

Alley

14/08/2021

R

Aggarwal

9/09/2021

D

Snow

27/09/2021

MJ

Vayro

20/07/2021

WC

Nicholas

16/08/2021

RI

Unwin

9/09/2021

J

Drzewucki

27/09/2021

GJ

Russell

21/07/2021

JA

O'Brien

17/08/2021

Z

Stewart

9/09/2021

DJ

Appleton

28/09/2021

J

Brewster

21/07/2021

E

Simmons

18/08/2021

NJ

Afrakoff

9/09/2021

RJ

Koprowicz

28/09/2021

B

Craw

21/07/2021

M

Hemming

18/08/2021

N

Brennan

10/09/2021

J

Simons

28/09/2021

P

Crabtree

21/07/2021

PT

Merritt

19/08/2021

K

Warren

10/09/2021

MI

Scells

29/09/2021

TR

Gilbo

22/07/2021

N

Spackman

19/08/2021

BG

Harkup

10/09/2021

D

Britchford

30/09/2021

R

Barron

22/07/2021

S

Anderson

20/08/2021

TJ

Mccluskey

11/09/2021

J

Sweeney

2/10/2021

16

J

Cotterill

2/10/2021

D

Mccluskey

27/10/2021

JER Welch

17/11/2021

THM Longbottom

10/12/2021

S

Campbell

2/10/2021

JR

Dubey

27/10/2021

BJ

Chauvier

17/11/2021

G

Brodrick

11/12/2021

H

Marouff

3/10/2021

CC

Lowe

28/10/2021

L

Horsford

17/11/2021

JW

Francis

11/12/2021

JA

Hillard

3/10/2021

P

Musgrave

28/10/2021

LM

Wallace

17/11/2021

DJ

Schmidt

11/12/2021

M

Aarons

3/10/2021

A

Eastwood

29/10/2021

M

Butcher

18/11/2021

A

Holland

11/12/2021

D

Townsend

4/10/2021

J

Harris

30/10/2021

DW

Heiberg

20/11/2021

G

Murphy

11/12/2021

J

Currie

5/10/2021

TP

Baltjes

31/10/2021

GK

Bennett

20/11/2021

NL

Rich

11/12/2021

A

Zbeidi

5/10/2021

H

Abu-obeid

31/10/2021

TO

Young

20/11/2021

J

Skinner

11/12/2021

MMA Afridi

5/10/2021

AP

Bell

1/11/2021

S

Westerman

21/11/2021

M

Roods

12/12/2021

DS

McAlpine

5/10/2021

AS

Webber

2/11/2021

J

Walmsley

21/11/2021

A

Heffernan

12/12/2021

DA

Imhoff

5/10/2021

E

Holland

2/11/2021

C

Li

21/11/2021

TD

Woolley

12/12/2021

M

Wallace

6/10/2021

S

Nikolic

2/11/2021

N

Niu

23/11/2021

MJ

Mclaren

13/12/2021

NS

Larwood

6/10/2021

GT

Warner

3/11/2021

F

Rayson-hill

24/11/2021

L

Fishpool

13/12/2021

B

Singh

7/10/2021

TJ

Travis

3/11/2021

JL

Mitchell

24/11/2021

A

Jalandoni

13/12/2021

B

Irvine

8/10/2021

CK

Yong

4/11/2021

C

Black

27/11/2021

C

Parker

13/12/2021

F

Ashman

9/10/2021

W

Ingmire

4/11/2021

S

Park

28/11/2021

RJ

Hearle

13/12/2021

M

Inall

9/10/2021

A

Mckenzie

5/11/2021

HJ

Kerr

29/11/2021

D

Jaeggi

14/12/2021

Shannon

JDGS Perera

9/10/2021

J

Bacon

5/11/2021

L

29/11/2021

BR

Hignett

14/12/2021

A

Kemp

9/10/2021

ADW Taylor

5/11/2021

DJC Brown

30/11/2021

P

Barry

14/12/2021

MW Kelsey

9/10/2021

B

Higgins

6/11/2021

G

O'neill

30/11/2021

N

Wong

14/12/2021

RH

Brooke

9/10/2021

SR

Brookes

6/11/2021

K

Hernfield

30/11/2021

K

Diamond

14/12/2021

JM

Ellis

10/10/2021

J

Goggin

6/11/2021

J

Turkington

1/12/2021

DJ

Fry

14/12/2021

S

Brady

10/10/2021

PA

Cash

6/11/2021

WJ

Waideman

2/12/2021

GB

Holloway

15/12/2021

T

Yaguchi

10/10/2021

J

Dowd

7/11/2021

J

Budinsky

2/12/2021

LLG Alderton

15/12/2021

DG

Thornhill

11/10/2021

BS

Hinchcliffe

7/11/2021

S

Barnes

2/12/2021

T

Nguyen

15/12/2021

C

Macaulay

12/10/2021

AW

Jackson-Rogers

7/11/2021

T

Lincoln

2/12/2021

FJ

Howard

15/12/2021

JM

Stanich

14/10/2021

B

Allan

8/11/2021

BD

Rawson

2/12/2021

NA

Lingaiah

16/12/2021

KM

Bailey

15/10/2021

C

Tagliapietra

8/11/2021

A

Siemek

3/12/2021

A

Matthies

16/12/2021

TR

Morgan

16/10/2021

K

Moore

9/11/2021

PT

Davidson

3/12/2021

KM

Javor

16/12/2021

J

Livermore

16/10/2021

AJ

Chalmers

9/11/2021

MGB Brown

4/12/2021

N

Fowler

17/12/2021

FL

Ben

16/10/2021

MJ

Dow

9/11/2021

PG

De Ryck

4/12/2021

ZA

Sakac

17/12/2021

E

Dickeson

17/10/2021

DBS Strydom

9/11/2021

ZS

Walton

5/12/2021

MD

Langrehr

18/12/2021

S

Metcalf

19/10/2021

G

9/11/2021

K

Abdelmajeed

5/12/2021

BJ

O'Sullivan

18/12/2021

J

Delia

19/10/2021

C

Brandis

9/11/2021

HD

Smith

5/12/2021

A

Dastani

18/12/2021

LR

Kopecny

19/10/2021

DJ

Gibbs

10/11/2021

RW

Peapell

6/12/2021

D

Maruskanic

18/12/2021

S

Savage

20/10/2021

C

Hodges

10/11/2021

JDT Constable

6/12/2021

N

Garraway

20/12/2021

BJ

Obrien

20/10/2021

PT

Sullivan

11/11/2021

MJ

Doyle

6/12/2021

MK

Wise

20/12/2021

D

Bowles

21/10/2021

C

Lacey

11/11/2021

M

King

7/12/2021

MS

Wood

21/12/2021

K

Draper

21/10/2021

M

Duffy

11/11/2021

C

Young

7/12/2021

M

McCann

21/12/2021

A

Margetts

21/10/2021

BA

Hunt

12/11/2021

GC

Garthwaite

7/12/2021

BC

Eddy

21/12/2021

A

Pirzadeh

22/10/2021

JA

Bollen

12/11/2021

K

Sales

8/12/2021

M

Sturgeon

21/12/2021

S

Panazzolo

22/10/2021

JA

Kirkwood

12/11/2021

B

Hackett

8/12/2021

BJ

Davies

21/12/2021

AJ

Boswell

22/10/2021

D

Henderson

14/11/2021

MW Caddy

9/12/2021

R

Rickards

22/12/2021

E

Delves

22/10/2021

K

Ellis

15/11/2021

B

Gordon

9/12/2021

SJ

Smith

23/12/2021

ND

Haydon

22/10/2021

PJ

Fogarty

16/11/2021

AJ

Cannon

9/12/2021

N

Bennett

23/12/2021

TPC Morton

23/10/2021

L

Sakac

16/11/2021

NJ

Wright

9/12/2021

MC

Goulden

23/12/2021

Belford

CC

Quartermaine 24/10/2021

NJ

Ebzery

16/11/2021

C

Beck

10/12/2021

CJ

Mann

23/12/2021

D

Scurr

25/10/2021

JR

Newgrain

17/11/2021

K

Todorashko

10/12/2021

BM

Starfield

24/12/2021

R

Dunshea

26/10/2021

JD

Dunnet

17/11/2021

D

Duncan

10/12/2021

CW

Dawson

24/12/2021

17

Pilot Certificates (cont.)

J

Ives

24/12/2021

LGB Bolton

19/01/2022

M

Golding

17/02/2022

NP

Morrison

19/03/2022

GD

Jordaan

24/12/2021

GI

Warren

20/01/2022

S

Lau

17/02/2022

V

Palaniswamy

19/03/2022

S

Perceval

24/12/2021

A

Skinner

20/01/2022

D

Tye

17/02/2022

B

Randall

20/03/2022

JP

Starkie

27/12/2021

B

Rosiak

20/01/2022

LM

Thomas

18/02/2022

JD

Tocknell

20/03/2022

J

Wharington

27/12/2021

N

Funga

20/01/2022

D

Lee

18/02/2022

TL

Duncan

20/03/2022

B

Bonselaar

29/12/2021

S

Peacey

21/01/2022

OJ

Taylor

19/02/2022

HR

Clifford

22/03/2022

J

Cherry

31/12/2021

DJ

Sonneveld

24/01/2022

J

Kendall

20/02/2022

L

Bestajovsky

23/03/2022

C

Martin

31/12/2021

A

Yared

24/01/2022

M

Kendall

20/02/2022

AP

Kirwan

27/03/2022

C

Hayden

1/01/2022

FJ

Apel

24/01/2022

S

Rogers

20/02/2022

HK

Noles

27/03/2022

D

Coates

2/01/2022

I

San Andres

25/01/2022

SC

Murcott

21/02/2022

Z

Ward

27/03/2022

D

King

2/01/2022

A

Tsounis

25/01/2022

TC

Stewart

21/02/2022

C

Summersell

28/03/2022

A

Limmer

3/01/2022

G

Godwin

25/01/2022

J

Roberts

21/02/2022

BB

Carr

29/03/2022

S

Figredo

3/01/2022

S

Beckwith

27/01/2022

KG

Balas

22/02/2022

ML

French

29/03/2022

IA

Mayfield

4/01/2022

AJ

Hayes

27/01/2022

A

Callaghan

22/02/2022

JL

Finlay

30/03/2022

T

Sullivan

5/01/2022

SML Drew

27/01/2022

M

Clark

22/02/2022

TOF Tadhg

30/03/2022

28/01/2022

J

Healey

22/02/2022

CJ

Paterson

30/03/2022

AJ

Concannon

6/01/2022

PC

Weerasinghe Basnayake

JP

Sharp

6/01/2022

P

Hagan

28/01/2022

PC

Hogan

22/02/2022

IO

Polderman

31/03/2022

J

Douglas

7/01/2022

JM

Goodhew

28/01/2022

PJ

Hatch

23/02/2022

R

Holstegge

31/03/2022

DC

Connell

7/01/2022

L

Overton

29/01/2022

LA

Eadie

25/02/2022

P

Sansom

31/03/2022

V

Bhaskar

8/01/2022

CF

Robinson

29/01/2022

J

Rose

27/02/2022

MC

Woodgate

2/04/2022

J

Appleby

9/01/2022

S

Kuiper

30/01/2022

R

Nel

28/02/2022

CA

Nankervis

2/04/2022

RP

Rieger

9/01/2022

P

Rejto

30/01/2022

MC

Rodda

2/03/2022

C

Letham

3/04/2022

AM

Richards

10/01/2022

K

Hollosi

30/01/2022

LG

Talty

3/03/2022

WR

Skinner

5/04/2022

E

La Grange

10/01/2022

M

Janse Van Rensburg

31/01/2022

VF

Bongiorno

3/03/2022

HF

Tavner

5/04/2022

C

Hamilton

11/01/2022

LF

Williams

1/02/2022

N

Bonselaar

3/03/2022

J

Neal

6/04/2022

R

Burbury

11/01/2022

J

Lykke

1/02/2022

T

Jameson

5/03/2022

A

Charlton

6/04/2022

B

Sabin

12/01/2022

L

Curr

1/02/2022

W

Hunn

6/03/2022

N

Hepworth

6/04/2022

DA

Anderson

13/01/2022

J

Melia

2/02/2022

SL

Watkins

7/03/2022

JB

Herbert

6/04/2022

D

Spong

13/01/2022

Z

Liu

2/02/2022

MJ

Lapthorne

9/03/2022

SA

Fiorentino

6/04/2022

HR

Owen

15/01/2022

B

Morris

3/02/2022

BJ

Ring

10/03/2022

MM Giraldo Uribe

6/04/2022

JC

Lea

16/01/2022

DK

Phillis

4/02/2022

SJ

Butler

10/03/2022

C

Hunt

7/04/2022

RT

Deegan

16/01/2022

D

Schuback

4/02/2022

AP

Weidemier

11/03/2022

C

Wilson

7/04/2022

A

Cross

16/01/2022

PW

Shannon

5/02/2022

JP

Mcilvenny

11/03/2022

KM

Mudri

8/04/2022

H

Borchard

17/01/2022

ND

Dee

9/02/2022

B

Penfold

12/03/2022

F

Angeles

8/04/2022

H

Tarrant

17/01/2022

G

Turton

9/02/2022

E

Owen

12/03/2022

AP

Swallow

8/04/2022

F

Peterson

17/01/2022

JD

Rayner

10/02/2022

DP

Pearson

12/03/2022

RG

Day

9/04/2022

AM

Barton

17/01/2022

MT

Yarde

10/02/2022

S

Rawson

12/03/2022

S

Barker

9/04/2022

D

Craig

17/01/2022

MJ

Brownlie

10/02/2022

SJ

Hall

13/03/2022

T

Gertig

9/04/2022

DB

Armstrong

17/01/2022

R

Piyabandu

12/02/2022

J

Jaggs

13/03/2022

AB

Mcarthur

10/04/2022

PN

Game

17/01/2022

WC

Beasley

13/02/2022

WA

Ogle

14/03/2022

F

Wierzynski De Oliveira

10/04/2022

R

Bertuna

17/01/2022

A

Abiri

13/02/2022

J

Vermeulen

14/03/2022

W

Maunder

10/04/2022

KA

Mclaughlin

17/01/2022

R

O'Connell

13/02/2022

B

Mahnken

15/03/2022

R

Hassan Zaki

10/04/2022

M

Freestone

18/01/2022

J

Frost

14/02/2022

M

Moran

15/03/2022

T

Guse

11/04/2022

EJ

Barr

18/01/2022

T

Barrett

14/02/2022

M

Brown

16/03/2022

J

Falconer

12/04/2022

C

Rieger

18/01/2022

AJ

Travers

15/02/2022

B

Chauvet

16/03/2022

AF

Hines

12/04/2022

BC

Rodrigues

19/01/2022

DJ

McEvoy

16/02/2022

J

Taubenschlag 18/03/2022

PR

McDonald

13/04/2022

TJ

Greer

19/01/2022

R

McQueen

16/02/2022

G

Taubenschlag 18/03/2022

LLG Neagle

13/04/2022

CA

Browne

19/01/2022

L

Seears

16/02/2022

S

Webb

18/03/2022

H

Bartlett

14/04/2022

R

Quinn

19/01/2022

A

De Moor

17/02/2022

M

Coleman

19/03/2022

PM

Pless

14/04/2022

18

CA

Drew

15/04/2022

S

Aneja

6/05/2022

K

Bolton

26/05/2022

D

Kirby

S

McGlory

15/04/2022

KE

Weldon

6/05/2022

CJ

Ferrari

26/05/2022

CR

Spencer-Scarr 17/06/2022

17/06/2022

S

Whitby

16/04/2022

SR

Stead

6/05/2022

PL

Hofmann

28/05/2022

C

Edwards

18/06/2022

DR

Mcgrath

16/04/2022

B

Keep

7/05/2022

M

Spencer

28/05/2022

D

Pedlar

18/06/2022

PJ

Baylis

16/04/2022

M

George-Lightbown

7/05/2022

MJ

Ferraretto

30/05/2022

S

Zou

18/06/2022

CS

Humphreys

18/04/2022

A

Thomson

7/05/2022

E

Franklin

31/05/2022

K

Gagguturu

19/06/2022

S

Collins

20/04/2022

E

McCoullough

7/05/2022

SC

Miranda

1/06/2022

MJ

Hawke

19/06/2022

M

Derby

21/04/2022

J

Madsen

8/05/2022

AE

Crevola

2/06/2022

J

O'Donohue

19/06/2022

SA

Michie

22/04/2022

C

Randive

9/05/2022

LM

Hanby

2/06/2022

MR

Berry

19/06/2022

AJ

Bindon

22/04/2022

A

Adam

9/05/2022

M

Laurent

3/06/2022

JW

Ludwig

20/06/2022

HM

Jones

22/04/2022

JA

Skelly

10/05/2022

F

Johnstone

3/06/2022

M

Bellert

20/06/2022

DD

Mott

22/04/2022

J

Frend

12/05/2022

MH

Napthali

3/06/2022

B

Griggs

21/06/2022

LR

Dean

22/04/2022

R

Quinn

13/05/2022

V

Hoad

4/06/2022

DR

King

21/06/2022

A

Drage

23/04/2022

P

Johnson

14/05/2022

H

Cai

4/06/2022

CM

Moran

22/06/2022

PR

Loone

24/04/2022

J

Johnson

14/05/2022

A

Rich

6/06/2022

S

Edmunds

22/06/2022

B

Fenwick

24/04/2022

J

Watts

15/05/2022

M

Graham

7/06/2022

K

Clifton

22/06/2022

A

.

26/04/2022

C

Gibson

15/05/2022

S

Tighe

7/06/2022

SJ

Johnson

23/06/2022

JD

Amey

26/04/2022

L

Parker

15/05/2022

R

Mccarthy

8/06/2022

M

Monyok

23/06/2022

DP

Shannon

26/04/2022

S

Jafari

17/05/2022

A

Entwisle

8/06/2022

AM

Swart

23/06/2022

OE

De Jong

27/04/2022

G

Cologni

17/05/2022

S

Best

10/06/2022

M

Maddocks

23/06/2022

K

Nawa

27/04/2022

TA

Burgess

18/05/2022

RL

Robertson

11/06/2022

KT

Or

23/06/2022

KLL Vandersee

29/04/2022

RM

Onley

19/05/2022

JT

Mauger

11/06/2022

J

Hassall

24/06/2022

JK

Chum

29/04/2022

R

Chamberlain

19/05/2022

P

Frame

12/06/2022

KC

Leggett

24/06/2022

MJ

Hentschke

30/04/2022

AJ

Schiemer

19/05/2022

DI

Harris

12/06/2022

JJ

Hodges

25/06/2022

S

Elfar

30/04/2022

DA

Walker

20/05/2022

M

Cox

13/06/2022

J

Henson Gallardo 25/06/2022

L

Rigg

30/04/2022

N

Evans

20/05/2022

J

Muller

13/06/2022

DT

Carter

26/06/2022

TP

Morgan

1/05/2022

T

Houtman

21/05/2022

AD

Young

14/06/2022

N

Schuster

26/06/2022

C

Noye

2/05/2022

M

Cairns

21/05/2022

A

Smith

14/06/2022

LC

Doyle

27/06/2022

J

Lea

2/05/2022

FI

Samat

22/05/2022

H

Bosley

15/06/2022

NM

Trimmer

28/06/2022

AJ

Marquez

2/05/2022

U

Gupta

23/05/2022

PL

Roome

15/06/2022

RI

Squire

29/06/2022

CA

Custodio

3/05/2022

KJ

Thole

23/05/2022

MP

Hope

15/06/2022

PA

Weymouth

29/06/2022

KP

Riley

3/05/2022

AJJ Buchan

25/05/2022

A

Fowler

16/06/2022

JA

Allport

29/06/2022

A

Hannaford

3/05/2022

M

Small

26/05/2022

MA

Peterson

16/06/2022

AG

D'amico

30/06/2022

J

Walker

5/05/2022

LG

Charker-Pulle 26/05/2022

G

Sharma

16/06/2022

JW

Hamilton

30/06/2022

GA

Stoddart

5/05/2022

VR

Pisani

J

Trewin

17/06/2022

J

Roberts

30/06/2022

26/05/2022

19

Statistics OCCURRENCES Fatals (per quarter ending 30 June 2021) 30-Sep

31-Dec

31-Mar

30-Jun

TOTAL

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

2017–2018

1

0

2

0

3

ACCIDENT DATA Accidents

Incidents 30-Sep

31-Dec

31-Mar

30-Jun

30-Sep

31-Dec

31-Mar

30-Jun

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

2017–2018

16

11

17

5

2017–2018

36

49

55

52

20

ACCIDENT DATA (cont.)

Defects

Hazards 30-Sep

31-Dec

31-Mar

30-Jun

30-Sep

31-Dec

31-Mar

30-Jun

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

2017–2018

9

6

11

2

2017–2018

0

2

4

0

30-Sep

31-Dec

31-Mar

30-Jun

Aircraft Damage 2021–2022

Injury to Persons 2021–2022

30-Sep

31-Dec

31-Mar

30-Jun

Destroyed

0

2

3

3

Fatal

0

0

0

2

Substantial

7

16

10

4

Serious

0

1

1

0

Minor

4

20

14

10

Minor

0

4

5

2

58

72

53

60

None

87

158

111

119

5

1

0

4

3

0

0

0

74

111

80

81

Nil Unknown TOTAL

Unknown

ATSB Breakdown of Occurrences 2021–2022 30-Sep 31-Dec 31-Mar

30-Jun

Technical

14

29

26

16

Operational

47

63

45

49

Environmental

5

4

2

2

Airspace

8

15

7

14

Unclassified

0

0

0

0

21

Statistics (cont.)

MEMBERS New students

Membership numbers at points in time 30-Sep

31-Dec

31-Mar

30-Jun

2021–2022

9620

9878

9978

9946

2020–2021

9731

9874

10262

10140

2019–2020

9597

9700

9662

9289

2018–2019

9479

9476

9692

9573

2017–2018

9211

9324

9448

9346

Members by State

30-Sep

31-Dec

31-Mar

30-Jun

2021–2022

295

362

407

259

2020–2021

394

343

393

307

2019–2020

423

363

332

307

2018–2019

465

403

543

399

2017–2018

429

423

481

476

Gender comparison

(as at 30 June 2021)

%

Financial Year

Males

Females

ACT

170

1.7%

2021–2022

9239

707

NSW

2665

26.79%

2020–2021

9415

725

77

0.8%

2019–2020

8717

572

3012

30.28%

2018–2019

8955

618

SA

914

9.2%

2017–2018

8759

587

TAS

244

2.45%

VIC

2126

21.4%

WA

700

7.04%

Australia

9908

99.62%

Overseas

38

0.38%

9946

100.00%

NT QLD

TOTAL

SCHOOLS AND CLUBS Schools

Clubs 30-Sep

31-Dec

31-Mar

30-Jun

30-Sep

31-Dec

31-Mar

30-Jun

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

2017–2018

165

164

161

160

2017–2018

37

33

29

26

22

AIRCRAFT 3 Axis (A)

30-Sep

31-Dec

31-Mar

30-Jun

2021–2022

2970

2945

2951

2960

2020–2021

2911

2902

2930

2019–2020

2926

2895

2018–2019

2932

2017–2018

2852

Weight Shift (B)

30-Sep

31-Dec

31-Mar

30-Jun

2021–2022

161

156

154

152

2947

2020–2021

170

169

166

164

2913

2896

2019–2020

200

185

182

177

2943

2950

2922

2018–2019

208

204

203

195

2886

2897

2920

2017–2018

208

206

211

214

30-Sep

31-Dec

31-Mar

30-Jun

Powered Parachute (D) 30-Sep 31-Dec 31-Mar 30-Jun

Total

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

2017–2018

204

197

196

195

2017–2018

3264

3289

3304

3329

AIRCRAFT TYPES Make

3 Axis

Make

Weight Shift

Jabiru

922

Airborne

Thruster Aircraft

227

Solar Wings

33

Tecnam

221

Air Creation

18

Aeroprakt

216

Designer Built

11

ICP

212

Aeros

10

Austflight ULA

165

Flylight

6

Howard Hughes Engineering

132

Ramphos

Skyfox Aviation

138

Zenith Aircraft Rand

Make

PPC

Aerochute Industries

377

Summit Aerosports

15

Home Built

14 13

6

Powerchutes System International

P & M Aviation

3

AAA Fasterway

5

131

Evolution Trikes

2

Fresh Breeze

5

107

Mainair Sport

2

Dta Sarl France

2

23

387

Financial Statements Recreational Aviation Australia Limited ABN 40 070 931 645 Financial Statements For the Year Ended 30 June 2022

Contents 30 June 2022 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

24 25 27 28 29 30 31 40 41 42

24

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2022 Directors' report The Directors present their report on Recreational Aviation Australia Limited for the financial year ended 30 June 2022.

Directors The following persons held office as directors of Recreational Aviation Australia Limited during the financial year: Michael Monck (Chair) Trevor Bange Luke Bayly Rodney Birrell (ceased 6 November 2021) Eugene Reid Barry Windle Andrew Scheiffers Simon Ozanne (elected 6 November 2021) 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 2022. The company put in place several COVID safe measures to protect staff and allow the business to meet all of its day to day requirements.

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 2022 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 25

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2022 Meetings of directors The following table sets out the number of meetings of the directors attended by each director.

Board, eligible to attend Michael Monck

Board attended

Barry Windle Eugene Reid Trevor Bange Andrew Scheiffers Simon Ozanne (Commenced 6/11/2021) Luke Bayly Rodney Birrell (Ceased 6/11/2021)

6 5 5 6 6 4 6 1

Committee Meetings

Total

4

9

6 5 6 6 4

4

10 1

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 $9,090, based on 9,090 current ordinary members.

Operating result The total comprehensive surplus for the year amounted to $564,875 (2021: $123,512).

Total comprehensive surplus was achieved through a revaluation of property which otherwise would have resulted in a deficit of ($75,011). This revaluation also increased Asset revaluation reserve substantially from the previous financial year.

Signed in accordance with a resolution of the Board.

…………………………..

Michael Monck Director Dated:

…………………………..

Andrew Scheiffers Director Dated:

3 26

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2022

Note Revenue

2

Expenses Employee benefits expense Depreciation and amortisation expense Printing, publications and merchandise Insurance Other expenses Total expenses

3

Surplus/(deficit) before income tax expense Income tax expense Surplus/(deficit) for the year Other comprehensive income Gain on revaluation of buildings Total comprehensive surplus for the year

2022 $

2021 $

3,018,831

2,990,709

1,638,031 156,648 233,251 610,689 455,223 3,093,842

1,486,665 89,584 218,326 543,915 528,707 2,867,197

(75,011) -

123,512 -

(75,011)

123,512

639,886 564,875

123,512

The accompanying notes form part of the financial statements

4 27

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2022

ASSETS CURRENT ASSETS Cash and cash equivalents Trade and other receivables Inventories Other current assets TOTAL CURRENT ASSETS

Note 4

2022 $

2021 $

1,772,495 1,595 43,042 23,277 1,840,409

1,609,481 28,358 43,953 21,615 1,703,407

7

1,416,013 191,320 1,607,333 3,447,742

811,718 255,349 1,067,067 2,770,474

9 10 11

145,323 260,094 1,573,693 1,979,110

126,308 244,701 1,505,011 1,876,020

10

18,456 18,456 1,997,566

9,153 9,153 1,885,173

NET ASSETS

1,450,176

885,301

EQUITY Reserves Retained Earnings TOTAL EQUITY

987,134 463,042 1,450,176

347,248 538,053 885,301

5 6

NON-CURRENT ASSETS Property, plant and equipment Intangible assets TOTAL NON-CURRENT ASSETS TOTAL ASSETS

8

LIABILITIES CURRENT LIABILITIES Trade and other payables Short-term provisions Income in advance TOTAL CURRENT LIABILITIES NON-CURRENT LIABILITIES Long-term provisions TOTAL NON-CURRENT LIABILITIES TOTAL LIABILITIES

The accompanying notes form part of the financial statements

5 28

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2022 Retained earnings $ 414,541 123,512 538,053 (75,011) 463,042

Balance at 30 June 2020 Surplus attributable to members Balance at 30 June 2021 Deficit attributable to members Balance at 30 June 2022

Asset revaluation reserve $ 347,248 347,248 639,886 987,134

Total $ 761,789 123,512 885,301 564,875 1,450,176

The accompanying notes form part of the financial statements

6 29

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2022

CASH FLOWS FROM OPERATING ACTIVITIES Receipts from members and others Interest received Payments to suppliers and employees Net cash provided by (used in) operating activities

Note

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment Purchase of intangibles Net cash provided used in investing activities Net increase in cash and cash equivalents held Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year

4

2022 $

2021 $

3,112,249 2,027 (2,894,234) 220,042

3,043,451 3,492 (2,777,293) 269,650

(13,003) (44,025) (57,028)

(40,212) (29,450) (69,662)

163,014 1,609,481 1,772,495

199,988 1,409,493 1,609,481

The accompanying notes form part of the financial statements

7 30

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 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.

The adoption of these Accounting Standards and Interpretations did not have any significant impact on the financial performance or position of the company.

The following Accounting Standards and Interpretations are most relevant to the company: Conceptual Framework for Financial Reporting (Conceptual Framework) The company has adopted the revised Conceptual Framework from 1 July 2021. The Conceptual Framework contains new definition and recognition criteria as well as new guidance on measurement that affects several Accounting Standards, but it has not had a material impact on the company’s financial statements.

AASB 1060 General Purpose Financial Statements - Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities The company has adopted AASB 1060 from 1 July 2021. The standard provides a new Tier 2 reporting framework with simplified disclosures that are based on the requirements of IFRS for SMEs. As a result, there is increased disclosure in these financial statements for related parties.

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.

8

31

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Note 1: Significant accounting policies (continued) 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.

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.

9

32

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Note 1: Significant accounting policies (continued) Coronavirus (COVID-19) pandemic Judgement has been exercised in considering the impacts that the Coronavirus (COVID-19) pandemic has had, or may have, on the company based on known information. This consideration extends to the nature of the products and services offered, customers, supply chain, staffing and geographic regions in which the company operates. Other than as addressed in specific notes, there does not currently appear to be either any significant impact upon the financial statements or any significant uncertainties with respect to events or conditions which may impact the company unfavourably as at the reporting date or subsequently as a result of the Coronavirus (COVID-19) pandemic.

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.

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 Other Sale of merchandises Interest income

2022 $

2021 $

2,170,620 29,717 566,863 800 191,497 16,071 41,236 2,027 3,018,831

2,190,521 19,051 530,477 1,080 173,088 32,000 41,000 3,492 2,990,709

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.

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 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.

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.

2022 $

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 Loss on disposal of assets

83,545 18,265 31,151 34,658 138,533 82,611 10,570 55,890 455,223

Note 4: Cash and cash equivalents Cash on hand Cash at bank

2021 $ 65,326 53,715 29,515 38,289 17,149 129,749 53,017 22,111 114,157 5,679 528,707

2022 $

2021 $

500 1,771,995 1,772,495

500 1,608,981 1,609,481 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 2022 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.

2022 $

Note 5: Inventories Merchandise

43,042

2021 $ 43,953

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.

2022 $

Note 6: Other current assets Prepayments

23,277

2022 $

Note 7: Property, plant and equipment Building - at fair value Accumulated depreciation

2021 $ 21,615

2021 $

1,370,000 1,370,000

820,000 (69,386) 750,614

Furniture and fittings - at cost Accumulated depreciation

97,560 (74,892) 22,668

97,560 (71,356) 26,204

Office equipment - at cost Accumulated depreciation

103,730 (99,509) 4,221

100,377 (87,866) 12,511

Computer equipment - at cost Accumulated depreciation

82,339 (63,215) 19,124

76,120 (53,731) 22,389

1,416,013

811,718

Total Property, plant and equipment

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Note 7: 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 2020 Additions Disposals Depreciation expense Balance at 30 June 2021 Additions Revaluation Depreciation expense Balance at 30 June 2022

$ 771,114 (20,500) 750,614 639,886 (20,500) 1,370,000

Furniture and Fittings $ 9,825 24,438 (4,821) (3,238) 26,204 (3,536) 22,668

Office Equipment $ 21,168 1,816 (163) (10,310) 12,511 3,352 (11,642) 4,221

Computer Equipment $ 18,409 13,958 (697) (9,281) 22,389 9,651 (12,916) 19,124

Total $ 820,516 40,212 (5,681) (43,329) 811,718 13,003 (48,594) 1,416,013

The building was revalued based on a valuation by Egan National Valuers as at 5 August 2022. 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 2022

Note 8: Intangible assets Modernisation project - software Accumulated amortisation

2022 $

2021 $

555,993 (364,673) 191,320

511,968 (256,619) 255,349

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.

2022 $

Note 9: Trade and other payables Trade payables Accrued expenses GST and PAYG liabilities Other payables

52,003 28,518 50,830 13,972 145,323

2021 $ 59,511 15,326 38,304 13,167 126,308

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.

2022 $

Note 10: Provisions CURRENT Provision for annual leave Provision for long service leave NON-CURRENT Provision for long service leave

2021 $

133,129 126,965

139,346 105,355

260,094

244,701

18,456

9,153

18,456 278,550

9,153 253,854

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.

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Note 10: 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.

2022 $

Note 11: Income in advance Unearned income

1,573,693

2021 $ 1,505,011

The Company maintains a nil refund policy on subscriptions except in exceptional circumstances or as required by law. Although this is the case, the AASB requires subscriptions for services yet to be delivered to be shown in the Statement of Financial Position as a Current Liability when in fact, this income will be realised as revenue over the subscription period/s.

Note 12: 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

16,000

14,500

Note 13: Government funding 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 14: 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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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Note 15: Key Management Personnel Compensation Compensation The aggregate compensation made to members of key management personnel of the company is set out below: 2022 2021 $ $ Key management personnel compensation 677,405 663,186

Note 16: Contingent Liabilities The company had no contingent liabilities as at 30 June 2022.

Note 17: Commitments The company had no commitments for expenditure as at 30 June 2022.

Note 18: Events After The Reporting Period Other than the valuation completed in August 2022, no matter or circumstance has arisen since 30 June 2022 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 19: 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 2022 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:

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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 2022, 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: 28 October 2022

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 2022, 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 2022 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 2022 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.

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: 28 October 2022

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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

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