Community Benefit Statement
Name of approved Venue: GREYHOUNDS ENTERTAINMENT
Address of approved venue: LIGHTWOOD ROAD SPRINGVALE VIC 3171
Venue operator: GREYHOUND PROMOTIONS PTY LTD
Licence number: V9210187
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. $2,067,428
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $0
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $95,915
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 $2,163,343
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. $0
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. $895,339
CLASS B – TOTAL $895,339
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. $0
CLASS C – TOTAL $0
CBS TOTAL (CLASS A + B + C) $3,058,682


I, Suong Tran, 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 GREYHOUND PROMOTIONS PTY LTD, has been audited by the suitably qualified person of Nick Michael of ShineWing Australia on 27/09/2017.
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 GREYHOUND PROMOTIONS PTY LTD,’s compliance with the Act for the financial year ended 30 June 2017.

Declaration to be completed by the venue operator
  I, Suong Tran, 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.
Suong Tran, General Manager
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (xii)Distribution to Clubs ( Sandown Greyhounds Racing Club and Melbourne Greyhounds Racing Club) $2,000,000. Donated to Greyhounds Community Fund $67428$2,067,428
Class A (c). Provide discount to Seniors and Members$95,915
Class B (e).Security cost$35,695
Class B (e).Rent$32,781
Class B (e).Cleaning$30,967
Class B (e).Annual Leave expenses$4,824
Class B (e).Advertising and Promotion$154,740
Class B (e).Auditor's remuneration$5,539
Class B (e).Gardening$885
Class B (e).Wages$483,456
Class B (e).Superanuation contributions$45,017
Class B (e).Repair and Maintenance$17,998
Class B (e).Postage$592
Class B (e).Printing and Stationery$10,110
Class B (e).Long Service Leave$7,547
Class B (e).Subscriptions$10,784
Class B (e).Staff training and welfare$10,954
Class B (e).Replacements$7,355
Class B (e).Electricity and Gas$23,925
Class B (e).Rates and Taxes$4,741
Class B (e).Accounting Fee$1,042
Class B (e).Telephone$2,510
Class B (e).Catering right$3,875



 


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Greyhound Promotions_Audit Report 2017.pdf