Community Benefit Statement
Name of approved Venue: BENDIGO STADIUM
Address of approved venue: 134 MARONG ROAD GOLDEN SQUARE 3555
Venue operator: BENDIGO STADIUM LIMITED
Licence number: V9610010
Financial year ended 30 June 2017

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; $0
(xii) any sporting or recreational purpose, excluding any club that holds a venue operator’s licence. $187,567
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $79,994
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $89,224
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 $356,785
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. $4,424,434
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. $2,826,890
CLASS B – TOTAL $7,251,324
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. $1,000
CLASS C – TOTAL $1,000
CBS TOTAL (CLASS A + B + C) $7,609,109


I, Nathan O'Neill, 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 BENDIGO STADIUM LIMITED, has been audited by the suitably qualified person of Catherine Gaskell of Accounting & Audit Solutions Bendigo on 26/09/2017.
I confirm that an independent auditor’s statement dated 26/09/2017 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 BENDIGO STADIUM LIMITED,’s compliance with the Act for the financial year ended 30 June 2017.

Declaration to be completed by the venue operator
  I, Nathan O'Neill, 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.
Nathan O'Neill, Acting CEO
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (xii)Donations / Gifts / Sponsorships$187,567
Class A (b).Maintenance$79,994
Class A (c). Discounts Given to Members$66,618
Class A (c). Courtesy Bus$17,436
Class A (c). Room Hire & Supplies Subsidy - Community Groups$5,170
Class B (a).Stadium Redevelopment$4,424,434
Class B (e).Stadium Events Expenses$30,193
Class B (e).Employee Expenses - Work Cover$67,189
Class B (e).Training Expenses$4,966
Class B (e).Canteen Expenses$2,734
Class B (e).Administration Expenses - Telephone & Internet$11,846
Class B (e).Administration Expenses - Rates$41,552
Class B (e).Interest$51,222
Class B (e).Administration Expenses - Advertising$38,009
Class B (e).Administration Expenses - Motor Vehicle Expenses$5,677
Class B (e).Administration Expenses - Rent$9,541
Class B (e).Braves Expenses - Presentation Night$3,442
Class B (e).Basketball Expenses - Insurances & Affiliations$23,253
Class B (e).Administration Expenses - Accounting & Audit$24,722
Class B (e).Braves Expenses - Travel & Accommodation$17,019
Class B (e).Administration Expenses - Promotions$12,276
Class B (e).Braves Expenses - Equipment & Coaching$16,831
Class B (e).Braves Expenses - Game Night Costs$16,106
Class B (e).Supply Purchases -$173,429
Class B (e).Administration Expenses - Computer & Communications$25,785
Class B (e).Braves Expenses - Advertising & Promotion$3,505
Class B (e).Volleyball Expenses$7,396
Class B (e).Basketball Expenses - Events & Prizes$35,237
Class B (e).Administration Expenses - Postage, Printing & Stationery$19,897
Class B (e).Administration Expenses - Conference Expenses$10,735
Class B (e).Braves Expenses - Braves Admin$6,656
Class B (e).Administration Expenses - Utilities$66,412
Class B (e).Gaming Expenses - Armaguard$8,708
Class B (e).Braves Expenses - Insurances$33,523
Class B (e).Braves Expenses - Fundraising/Sponsorship$12,345
Class B (e).Maintenance Expenses$37,364
Class B (e).Gaming Expenses - Sky Channel$21,059
Class B (e).Administration Expenses - Professional Fees$28,804
Class B (e).Employee Expenses - Salaries and Wages$1,517,142
Class B (e).Basketball Expenses - Other$3,586
Class B (e).Administration Expenses - Bank Charges$9,109
Class B (e).Employee Expenses - Superannuation$144,128
Class B (e).Administration Expenses - Licences/Permits$10,642
Class B (e).Basketball Expenses - Referee Payments$90,261
Class B (e).Braves Expenses - Employment Costs$25,740
Class B (e).Administration Expenses - Security$47,991
Class B (e).Supply Purchases - Canteen$73,486
Class B (e).Administration Expenses - Other Admin Expenses$7,698
Class B (e).Administration Expenses - Insurances$29,674
Class C (c).Audit Fee - Community Benefits Statement$1,000


 
File Attachment Icon
2017 CBS AUDIT REPORT - STADIUM.pdf