Community Benefit Statement
Name of approved Venue: MOONEE VALLEY LEGENDS
Address of approved venue: MCPHERSON STREET MOONEE PONDS VIC 3039
Venue operator: MOONEE VALLEY RACING CLUB INC
Licence number: V9780055
Financial year ended 30 June 2011

CLASS OF CLAIM AND CATEGORY WITHIN CLASS Amount of revenue applied
CLASS A: Venue operators may claim up to 100 percent of revenue applied to a Class A purpose or activity.
Class A (a).  Donations, gifts and sponsorship (including cash, goods and services) to another person resident in Victoria, not including to the club itself, for the purpose or activities set out below.
(i) any educational purpose; $0
(ii) the provision of health services or care; $0
(iii) services for the prevention and treatment of problem gambling and drug and alcohol addictions; $0
(iv) housing assistance for disadvantaged persons; $0
(v) the relief of poverty; $0
(vi) the provision of services and assistance for the aged; $0
(vii) the provision of services and assistance for young people; $0
(viii) the protection and preservation of the environment; $0
(ix) the provision of assistance to relieve distress caused by natural or other disasters; $0
(x) the provision of advice, support and services to ex-service personnel, their carers and families; $0
(xi) any other philanthropic or benevolent purpose; $28,738
(xii) any sporting or recreational purpose, excluding any club that holds a venue operator’s licence. $0
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $5,042,896
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $71,520
Class A (d). Voluntary services provided by members and/or staff of the club to another person in the community, in fulfilment of Class A(a)(i)-(xii) above. $0
Class A (e). Advice, support and services provided by the RSL (Victorian Branch) to ex-service personnel, their carers and families. $0
CLASS A – TOTAL $5,143,154
CLASS B: Venue operators may claim an amount equal to the proportion of the club’s non-gaming revenue to its total revenue for Class B.
Non-Gaming Revenue proportion % 0
Class B (a). Capital expenditure. $4,698,543
Class B (b). Financing Costs (including principal and interest). $0
Class B (c). Retained earnings accumulated during the year. $0
Class B (d). The provision of buildings, plant or equipment over $10,000 per item excluding gaming equipment or the gaming machine area of the venue. $0
Class B (e). Operating costs. $35,734,505
CLASS B – TOTAL $40,433,048
CLASS C: Venue operators may claim up to 100 percent of revenue applied to a Class C purpose or activity.
Class C (a). The provision of responsible gambling measures and activities but excluding those required by law. $0
Class C (b). Reimbursement of expenses reasonably incurred by volunteers. $0
Class C (c). CBS preparation and auditing expenses to a maximum of $3,000. $1,500
CLASS C – TOTAL $1,500
CBS TOTAL (CLASS A + B + C) $45,577,702


I, Michael John Browell, certify that:
1. The claims are consistent with the Ministerial Order made on 28 June 2012.
2. The following information is accurate for the financial year:
  a) The percentage (if any) of the venue’s gaming revenue applied to community purposes or activities under Classes A, B and C.
b) The value of any non-financial contribution to community purposes (e.g. voluntary work) by, or on behalf of the venue operator, expressed as a percentage of the venue’s revenue.
c) Any amount payable by a gaming operator under a declaration made by the VGCCC under section 3.6.8(4A) of the Gambling Regulation Act 2003 (the Act), expressed as a percentage of the venue's gaming revenue.
  The amount is
 
less than  
equal to  
greater than  X 
  8 1/3 per cent of the venue’s gaming revenue for that financial year, as the required by section 3.6.2 of the Act.
3. The CBS in relation to MOONEE VALLEY RACING CLUB INC, has been audited by the suitably qualified person of Sun Sun Lee of Ernst & young on 27/09/2011.
I confirm that an independent auditor’s statement dated 23/09/2011 has been received which states that, in the auditor’s opinion, this CBS presents fairly, in accordance with applicable Accounting Standards in Australia, and, is consistent with the auditor’s understanding of sections 3.6.9(2)(a) and (b) and section 3.6.9(3) of the Act, the MOONEE VALLEY RACING CLUB INC,’s compliance with the Act for the financial year ended 30 June 2011.

Declaration to be completed by the venue operator
  I, Michael John Browell, declare that:
1. The information contained in this CBS form is true and correct to the best of my knowledge.
2. I have retained all relevant documentation used in the preparation and auditing of this CBS.
3. I acknowledge that it is an offence to provide false or misleading information.

I understand that by typing my name below, I am deemed to have signed this CBS form.
Michael John Browell, Chief Executive Officer
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (xi)Donations / Gifts / Sponsorships$28,738
Class A (b).Racecourse preparation & maintenance$5,042,896
Class A (c). Bus groups$4,900
Class A (c). Seniors meals$66,620
Class B (a).Air conditioning$11,660
Class B (a).63" Samsung Plasma TV's * 2$9,716
Class B (a).Mazda Rego XNN935$16,488
Class B (a).Carpets$43,212
Class B (a).Kitchen fixtures & fittings$11,446
Class B (a).Carpets$13,842
Class B (a).South Hill car park asphalt & paving$11,349
Class B (a).Backflow prevention devices$23,510
Class B (a).Convotherm convi oven$25,466
Class B (a).Joinery$26,211
Class B (a).Resurfacing centre road inside track$33,717
Class B (a).Horse stalls resurfacing$39,041
Class B (a).Carpet$12,600
Class B (a).Water dam$317,029
Class B (a).Grandstand lighting$32,534
Class B (a).Plastic running rails$102,279
Class B (a).Cox Plate winners banner$17,227
Class B (a).Linen - table & chair covers$29,822
Class B (a).Carpet emergency exit stairs 4th floor$19,876
Class B (a).Compressors * 2$8,969
Class B (a).Mounting yard resurfacing$49,689
Class B (a).Committee room refurbishment$211,352
Class B (a).Carpet$9,317
Class B (a).Carpets$9,849
Class B (a).55" LED TV$13,176
Class B (a).Carpet$18,030
Class B (a).Function chairs * 1289$28,593
Class B (a).Carpet$25,687
Class B (a).Portable dance floor$18,012
Class B (a).Carpets$12,333
Class B (a).Ceiling$97,568
Class B (a).John Deer Multi-corer$18,553
Class B (a).Carpets$43,700
Class B (a).POS RF ID wristbands$12,422
Class B (a).26" LCD screens * 31$21,317
Class B (a).Fire monitoring system$33,119
Class B (a).Safety platform$17,744
Class B (a).POS system licenses & installation$193,783
Class B (a).3rd floor refurbishment$271,005
Class B (a).Air conditioning$35,466
Class B (a).TOTE counter$21,032
Class B (a).JR bar refurbishment$223,752
Class B (a).Carpets$41,082
Class B (a).Carpets$15,350
Class B (a).Function chairs * 700$88,363
Class B (a).Bar counter$30,018
Class B (a).POS RF ID readers$27,063
Class B (a).Forklift Yale$24,755
Class B (a).Track rails spares$32,743
Class B (a).Compressors$8,969
Class B (a).Carpet$49,068
Class B (a).55" LCD$32,359
Class B (a).POS versaterms$19,964
Class B (a).Joinery$36,340
Class B (a).Parade bar refurb$451,536
Class B (a).Christmas decorations & ornaments$25,470
Class B (a).RF modulators$50,755
Class B (a).Cobblestone & asphalt$227,686
Class B (a).POS Toshiba touchscreen$40,372
Class B (a).Refrigeration storage$44,197
Class B (a).Hot water heater$24,534
Class B (a).Solar panels$22,804
Class B (a).Steward tower$35,279
Class B (a).POS peripherals incl printers$19,374
Class B (a).Carpet$66,814
Class B (a).32" LCD TV$9,736
Class B (a).Water tank 5000 ltr$10,248
Class B (a).42" Plasma Screens * 9$9,902
Class B (a).POS protech wall mounted$30,355
Class B (a).Convotherm oven$17,214
Class B (a).LCD198 HDM$11,132
Class B (a).32" LCD$24,428
Class B (a).Committee room refurb$435,999
Class B (a).Dining box refurbishments$69,237
Class B (a).Inzenius rostering & payroll system$96,316
Class B (a).MVRC website redevelopment$108,818
Class B (a).Air conditioning system$116,582
Class B (a).Joinery$23,039
Class B (a).Metre marker readers$8,997
Class B (a).Air conditioning$12,672
Class B (a).Joinery$17,502
Class B (a).Video mixer$14,599
Class B (a).Carpet$61,978
Class B (a).Hand rails$13,404
Class B (e).Bank Fees$13,500
Class B (e).Other Raceday Expenses - Telephone and Communication$36,579
Class B (e).Cleaning$76,635
Class B (e).Telephone and Communication$42,910
Class B (e).Other Raceday Expenses - Advertising and Promotions$1,491,464
Class B (e).Catering and Legends Operations - Bank Fees$945
Class B (e).Staff Costs$86,324
Class B (e).Travel and Accomodation$18,453
Class B (e).Administration$149,299
Class B (e).Entertainment$95,873
Class B (e).Catering and Legends Operations - Motor Vehicle$1,618
Class B (e).Other Raceday Expenses - Race Books$178,014
Class B (e).Catering and Legends Operations - Contractors$3,056
Class B (e).Other Raceday Expenses - Meeting Expenses - Marketing$2,791
Class B (e).Catering and Legends Operations - Postage and Courier$29,656
Class B (e).Other Raceday Expenses - Security$67,377
Class B (e).Catering and Legends Operations - Supplies$6,029
Class B (e).Catering and Legends Operations - Entertainment$23,801
Class B (e).Catering and Legends Operations - Printing and Stationery$43,076
Class B (e).Other Raceday Expenses - Administration$47,592
Class B (e).Other Raceday Expenses - Salary and Wages$2,417,144
Class B (e).Rates and taxes$24,802
Class B (e).Catering and Legends Operations - Race Books$3,549
Class B (e).Catering and Legends Operations - Administration$56,050
Class B (e).Catering and Legends Operations - Security$74,502
Class B (e).Catering and Legends Operations - Cleaning$533,886
Class B (e).Insurance$218,522
Class B (e).Catering and Legends Operations - Repairs and Maintenance$162,148
Class B (e).Other Raceday Expenses - Meeting Expenses - Catering$491,451
Class B (e).Other Raceday Expenses - Meeting Expenses - Racing$83,388
Class B (e).Catering and Legends Operations - Travel and Accomodation$564
Class B (e).Other Raceday Expenses - Staff Costs$6,515
Class B (e).Catering and Legends Operations - Equipment Hire$10,251
Class B (e).Repairs and Maintenance$6,173
Class B (e).Other Raceday Expenses - Entertainment$549,844
Class B (e).Other Raceday Expenses - Sponsorship$91,387
Class B (e).Printing and Stationery$27,659
Class B (e).Other Raceday Expenses - Consumables$47,526
Class B (e).Catering and Legends Operations - Staff Costs$3,750
Class B (e).Other Raceday Expenses - Catering Cost of Goods Sold$1,562,491
Class B (e).Other Raceday Expenses - Room and Event Set-up$159,199
Class B (e).Motor Vehicle$23,609
Class B (e).Other Raceday Expenses - Contractors$125,322
Class B (e).Other Raceday Expenses - Cleaning$111,501
Class B (e).Postage and Courier$18,418
Class B (e).Advertising and Promotions$9,687
Class B (e).Other Raceday Expenses - Bank Fees$81,839
Class B (e).Catering and Legends Operations - Occupancy Services$1,442
Class B (e).Other Raceday Expenses - Merchandise$447
Class B (e).Catering and Legends Operations - Commissions and Discounts$9,145
Class B (e).Catering and Legends Operations - Salary and Wages$3,490,750
Class B (e).Catering and Legends Operations - Consultancy$355
Class B (e).Salary and Wages$1,637,951
Class B (e).Catering and Legends Operations - Photocopying$26,119
Class B (e).Prizemoney & other payments & subsidies$17,267,233
Class B (e).Catering and Legends Operations - Telephone and Communication$30,194
Class B (e).Interest expense$1,135
Class B (e).Catering and Legends Operations - Utilities$106,350
Class B (e).Meeting Expenses - Operations$23,167
Class B (e).Catering and Legends Operations - Consumables$149,696
Class B (e).Other Raceday Expenses - Repairs and Maintenance$11,639
Class B (e).Other Raceday Expenses - Travel and Accomodation$7,458
Class B (e).Photocopying$100,655
Class B (e).Other Raceday Expenses - Photocopying$18,337
Class B (e).Utilities$1,910
Class B (e).Catering and Legends Operations - Merchandise$520
Class B (e).Catering and Legends Operations - Catering Cost of Goods Sold$1,720,353
Class B (e).Catering and Legends Operations - Advertising and Promotions$164,161
Class B (e).Catering and Legends Operations - Room and Event Set-up$91,522
Class B (e).Other Raceday Expenses - Printing and Stationery$198,629
Class B (e).Contractors$47,361
Class B (e).Computer and Website$37,804
Class B (e).Security$155,004
Class B (e).Equipment Hire$32,106
Class B (e).Consumables$1,560
Class B (e).Other Raceday Expenses - Equipment Hire$593,733
Class B (e).Other Raceday Expenses - Consultancy$45,670
Class B (e).Consultancy$346,593
Class B (e).Other Raceday Expenses - Postage and Courier$93,913
Class B (e).Merchandise$5,424
Class C (c).Audit fees$1,500


 
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2011 MVRC CBS Auditors Report SIGNED.pdf