2010 2011 Annual Report Report... · 2019. 12. 19. · 2010 – 2011 Annual Report Community Broadcasting Association of Australia Limited ... Company Details 3 Board & Committees

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2010 – 2011 Annual Report

Community Broadcasting Association of Australia Limited

(A Company Limited by Guarantee)

ACN 003 108 030

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Contents Community Broadcasting Association of Australia Limited

PAGE

Company Details 3 Board & Committees 4 CBAA Staff 6 President‟s Report 7 Finance Director‟s Report 9 Corporate Information 10 Directors‟ Report 11

Auditor‟s Independence Declaration 14

Statement of Comprehensive Income 15

Statement of Financial Position 16

Statement of Changes in Equity 17

Cash Flow Statement 18

Notes to the Financial Statements 19

Directors‟ Declaration 32

Independent Audit Report 33

Disclaimer 35

Detailed Division and Project Results 36 General Manager‟s Report 55 Technical Consultant‟s Report 58 CBAA Membership Listing 64

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Company Details


Name Community Broadcasting Association of Australia Status of organisation Company Limited by Guarantee Place of establishment Alexandria NSW Australia Founded 1974

Date of incorporation 27th June 1986 ACN Number 003 108 030

Address 44-54 Botany Rd Alexandria NSW Australia 2015 Telephone (02) 9310 2999 Fax (02) 9319 4545 Email [email protected]

Website http://www.cbaa.org.au

COMMUNITY BROADCASTING

The Community Broadcasting Association of Australia is the national peak body for community broadcasting in Australia. In addition to providing services for its members, it manages projects of benefit to the broad community broadcasting sector.

Australia has a unique and highly developed community broadcasting sector with over 350 licensed community broadcasting stations and the involvement of over 20,000 volunteers. Licenses were first issued in 1972 to not-for-profit organisations to provide alternative and complementary broadcast services to those provided by the commercial and national sectors, and access to the community in generating local media content.

The sector is extremely diverse with licenses allocated both geographically and according to specific communities of interest. Approximately 70% of stations are located in regional and remote areas. In capital cities there are both metropolitan-wide services and sub-metropolitan services. Communities of interest include Indigenous, ethnic & multicultural, educational, youth, religious, specialist music, print handicapped, and a broad range of general community radio services servicing local communities.

Stations operate primarily through fundraising, sponsorship, subscription, program access and limited federal funding support provided through the Community Broadcasting Foundation.

Community broadcasting reflects a commitment to access and participation, training, and content relevant to local communities and specific communities of interest. The cumulative national community broadcasting audience has been measured over 9 million people.

mailto:[email protected]://www.cbaa.org.au/

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Board &

Committees (as at 30 June 2011)


CBAA Board Adrian Basso President 3PBS Melbourne John MacInnes Vice President 3WAY Melbourne Vacant Vice President (Television) Phillip Randall Finance Director 2CBA Sydney Jonathan Brown Board Director 3SYN Melbourne Danae Gibson Board Director 3JOY Melbourne Peter Rohweder Board Director 4EB Brisbane Charlene Fabri Women‟s Representative 3JOY Melbourne Bradley Duence Youth Representative 7EDG Tasmania

Finance Standing Committee Adrian Basso President, CBAA Phillip Randall Finance Director Kath Letch General Manager, CBAA

Conference Sub-Committee Kath Letch General Manager, CBAA Georgia Webster Board Director Danae Gibson Board Director Jonathan Brown Youth Representative Charlene Fabri Women‟s Representative

Satellite Advisory Committee John MacInnes Chair; 3WAY Rob Meaton 2BOB Ken Westerman 2TRR Geoff Pegler 5EFM Bob Rau 3NOW; GGAC Representative Jenny O‟Keefe 3PBS

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Board &

Committees (as at 30 June 2011)


SECTOR PROJECT COMMITTEES

Digital Radio Consultative Committee (DRCC) David Melzer Chair Phillip Randall Sydney Representative; 2CBA Cameron Paine Melbourne Representative; 3MBS Peter Rohweder Brisbane Representative; 4EB Peter Luckett Perth Representative; 6RPH Hans Reimer Adelaide Representative; 5RPH

CBAA Advisers Kath Letch General Manager, CBAA Philip Shine Project Manager Alex White Project Assistant David Sice Technical Consultant, CBAA Observers: Ian Stanistreet CBF Executive Director

Sector Projects Consultative Committee (SPCC) Adrian Basso Chair / President, CBAA Kath Letch General Manager, CBAA Peter Luckett, RPH Australia Chair Jim Remedio AICA President Victor Marillanca NEMBC President David Turrell CMA CEO

Observers: Ian Stanistreet CBF Executive Director Judy Hiscox DBCDE

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CBAA

Staff (as at 30 June 2011)


CBAA STAFF Kath Letch General Manager Rhonda Byrne Administration & Operations Manager Vacant Membership Manager Vacant Policy & Campaigns Manager Andrew Devenish-Meares IT Coordinator Robin Carter Finance Coordinator Danny Chifley Administration Assistant Tracey Savage Executive Assistant Communications Coordinator Ellice Mol CRN - Community Radio Network Ben Feggans Technical Coordinator Martin Walters Satellite Operations Coordinator Technical Development David Sice Technical Consultant SECTOR PROJECTS STAFF AMRAP Chris Johnson AMRAP Manager Brooke Olsen AMRAP Distribution Coordinator Brigitte Dagg AMRAP Communications Coordinator Ben Briedis AMRAP IT Programmer CBOnline Stephen Hahn CBOnline Project Manager DRP – Digital Radio Project Philip Shine DRP Project Manager Alex White DRP Assistant David Sice DRP Technical Consultant

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President‟s

Report Community Broadcasting Association of Australia Limited

The environment for community broadcasters continues to be one of ongoing change and

challenges and it is a tribute to all stations that they continue to provide strong local broadcasting

services to their geographical and interest-based communities. Over 30% of community stations are

the only producers of local content in their broadcast area and the sector continues to make a very

significant contribution to local Australian content in news and information, music, arts and cultural

activities, and reflecting local issues across major cities and regional, rural and remote communities.

The 2010/11 year has seen the fulfilment of a long time ambition for community radio to secure a

place in the digital radio landscape. In May we officially launched community radio services in

Sydney, Melbourne, Adelaide, Brisbane and Perth with the support of Federal Government funding

to establish digital radio infrastructure for metro-wide services in the first stage roll out in mainland

capital cities. All 37 metropolitan stations in those cities are now participating in the digital radio

network. This has been a herculean effort on behalf of community radio and has involved many

people across the country. Special mention has to go to David Sice for his ingenuity and tireless

work, helped greatly for many years by our current CBAA manager Kath Letch. Thanks also to the

national digital committee chaired by David Melzer, along with project staff Philip Shine and Alex

White.

There are more than 350 community stations across Australia and the CBAA‟s position is to pursue

access to the digital platform for all community broadcasters. At the national community digital radio

launch, the Minister, Senator Stephen Conroy, stated that “the Government is committed to ensuring

access for community broadcasting services on digital broadcasting platforms and that this access is

affordable to the community sector..…and I assure you that the Gillard Government will continue to

support the sector's involvement as we consider the challenges of delivering digital radio to regional

Australia in coming years”. This was a significant announcement. The launch was on the heels of the

May budget where the Government again showed its commitment to our sector by announcing an

additional $3 million a year for content development. It was a remarkable day for us all and I would

like to thank the Minister for his continued support of community broadcasting. I would also like to

thank the NEMBC, AICA, RPH, CMA and CBF for their involvement in the lobbying for increased

government funding support.

The past few years have been a challenge for the CBAA, with many tough decisions being made.

Our retained earnings at 30 June 2010 were extremely low – just over $20,000. We had already

encountered a few financial difficulties and having such little wriggle-room put us at risk in the future.

In 2010 we barely broke even, however it was the beginning of our journey back to forming a better

foundation.

This year has seen a significant turnaround, but the $357,777 surplus should be read in the context

of previous years with depleted reserves and not as a single stand-alone period. In the years ahead,

we will use this surplus to replace essential infrastructure that has languished over many years,

particularly with our satellite service CRN, improve resources and services to members, and ensure

the CBAA remains in a stable financial position.

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President‟s Report Community Broadcasting Association of Australia Limited

The surplus was achieved by several factors, but broadly it was about an eagle eye on all expenditure

and reduced staffing, while existing staff worked extremely hard, especially our General Manager Kath

Letch. It is critical that the peak representative body is sustainable now and into the future if we are to

do our job well: advocacy, lobbying, representation, and member support and advice. The Board and

management are committed to a solid financial foundation for the CBAA.

We have been very busy with submissions on behalf of the sector: the Convergence Review; the

review of the B66; not-for-profit guidelines; Regional Digital Radio Review and the 900 MHz review, as

well as CBAA representation on key technical bodies like BITAG, DTAC and RPAG.

The CBAA launched a new dispute resolution initiative with the Institute of Arbitrators and Mediators of

Australia (IAMA) for stations struggling with how to address internal conflict – and there will be more on

this initiative at the 2011 conference.

Early in the 2010/11 year the CBAA-managed CBOnline project released impressive sector data from

McNair Ingenuity showing 26% of Australians listen to community Radio every week. This is a

remarkable figure worth trumpeting, which the CBAA often does. Work on our bi-annual station survey

has been undertaken this year, as well as upgrading the Digital Delivery Network, now called the

DDN+. The CBOnline project is starting to pursue beneficial new developments for us all in areas such

as an integrated database, website and mobile applications applicable to the whole sector.

The Australian Music Radio Airplay Project (Amrap), managed by the CBAA, continues to promote and

develop Australian music through community broadcasters via both traditional and new innovative ways

like AirIt and AirNet. There is a symbiosis with music and community radio, and our eagerness to adopt

new technologies is matched by Amrap‟s vision to develop online resources.

Looking ahead for both the sector and the CBAA, we are keen to further develop tools and information

for members to use in their day to day station operations: fact sheets, templates and general

information. Our new Membership and Development Manager, Amy Moon, will drive this along. As

mentioned earlier, there will also be a focus on the development of CRN and DDN and the delivery of

content across the sector. And representing the role and value of community broadcasting in a

converging media environment will be an ongoing priority for the CBAA. We are always keen to hear if

there are areas that you think we should pursue.

While I still have your attention, I would like to thank former President Deb Welch for all her hard work

over the previous three years, as well as our former General Manager Michele Bawden, I‟m sure life

after CBAA is a little less hectic. And thanks also to outgoing board members during the year Libby

Jamieson and Georgia Webster.

And finally I would like to thank the current CBAA Board, who give their time to this worthy organisation

of ours in representing a truly wonderful sector.

Adrian Basso CBAA President

http://www.iama.org.au/http://www.iama.org.au/

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Finance

Director‟s


During the last year we have continued to see significant improvement in the organisations financial position, with a surplus of $357,777, following on from last year‟s modest $535 surplus. This has boosted our retained earnings from $21,745 to a more sustainable $379,522, placing the CBAA in a good position to improve services and resources for members in coming years. In 2010/11 we continued to impose stringent expenditure controls including maintaining lower than desirable staff levels, which has meant increased workload and pressure on staff. It was also the first full year without the costs associated with running the CBAA RTO though some costs were incurred in 10/11 in winding up the RTO operation. We have seen improved income from membership fees, business related activities, partnerships, grants, and special project activities, and the 2010 national conference achieved a significant turnaround from the previous year, posting a surplus of $14,805. However a significant part of the overall surplus came from a $75,795 non cash write back of employee entitlements, which had been accruing on the balance sheet at a higher than required rate. CBAA staff have continued to work to reduce outstanding receivables, and the organisation has completed the write off of long term debt that had no chance of recovery, ensuring a much healthier balance sheet. The significantly improved financial position of the CBAA opens the door for development upgrades to IT infrastructure and facilities which have not been able to be made for many years, and operational developments including additional staff resources in CRN, ongoing website development, research and planning, and development of resource materials for member stations. It also allows the CBAA to retain a small ongoing surplus to ensure a stable financial operation and the capacity to deal with operational changes. The organisation will however continue to be vigilant in controlling expenditure, whilst improving income wherever possible, to ensure that the gains made this year are not lost and we find ourselves in a precarious financial position again. My thanks to Adrian Basso the CBAA President and the CBAA Board for all the work they have done this year. And especially to our General Manager Kath Letch, who has done an amazing job of leading the team to a great result on behalf of the CBAA‟s members. Phillip Randall Finance Director

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Corporate

Information Community Broadcasting Association of Australia Limited

Directors A Basso

J Brown

D Gibson

J MacInnes

P Randall

P Rohweder

M Withnall

Company Secretary K Letch

Registered Office and Level 3

Principal Place of Business 44-54 Botany Road

Alexandria NSW 2015

Auditors Escott Aston

Chartered Accountants

Directors‟


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Your directors present this report on the company for the financial year ended 30 June 2011.

Directors

The names of the directors in office during the year and until the date of this

report are:

Date appointed

Date of

cessation

A

Board

B

A Basso

25 Nov 07

Continuing

4

4 J Brown 23 Oct 10 Continuing 2 3 D Gibson 22 Nov 09 Continuing 3 4 E Jamieson 15 Nov 08 23 Oct 10 - 1 J MacInnes 28 Nov 04 Continuing 3 4

P Randall 15 Nov 08 Continuing 3 4 P Rohweder 26 Feb 11 Continuing 2 2 G Webster 01 Jul 08 3 Jun 11 4 4 D Welsh 25 Nov 07 23 Oct 10 1 1 M Withnall 26 Aug 11 Continuing - -

A Number of meetings attended

B Number of meetings held during the time the director held office during the year

Principal activities

The principal activities of the company were that of a national association to support

community broadcasting.

Short and long term objectives

The CBAA‟s short term objectives are to:

• Advocate and represent the interests of community broadcasters with regulatory

bodies, government and industry and assist members in meeting their legislative

and regulatory requirements.

• Strengthen the identity of the community broadcasting sector as defined by the

guiding principles of the Codes of Practice.

• Develop, sustain and promote membership services, support and information

resources to meet member needs.

• Seek to increase funding to improve sustainability for the community broadcasting

sector and CBAA members.

Directors‟


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Short and long term objectives

The CBAA‟s Long term objectives are to:

• Promote the values of the community broadcasting sector through practical actions.

• Build station capacity by providing quality advice, support and services for

members.

• Advance the interests of the sector through policy, advocacy and public campaigns.

• Enhance communication strategies to raise awareness and knowledge of the

sector.

• Increase organisational capacity to reflect best practice and facilitate sustainable

growth.

Strategies to achieve objectives

To achieve the above objectives, the CBAA has adopted the following strategies:

• Provide ongoing support to all members. Understand and respond to their diverse

needs and issues through effective engagement and consultation.

• Respond to regulatory, policy and legislative review processes and prepare

submissions on behalf of the community broadcasting sector.

• Continue focus on community broadcasting‟s role in providing local and Australian

content.

• Be proactive in communications with stations.

• Provide support and advice to members for the licence renewal process.

• Raise awareness of community broadcasting thru the use of publications, online

and social media.

• Support and encourage diversity and inclusion at all levels of operation. Ensure

the diversity of stations is represented in all CBAA research materials and sector

project research.

• Regularly provide information, stories and examples that relate to our guiding

principles in our publications and activities.

Members’ guarantee

In accordance with the company‟s constitution, each member is liable to contribute $10 in

the event that the company is wound up. The total amount members would contribute is

$2,640 (2010 – $2,240).

Directors‟


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Directors’ qualifications, experience and special responsibilities

Name Qualifications and Experience Special responsibilities

Adrian Basso Qualifications : Bachelor of Accounting Experience : 13 years in community broadcasting

President

Jonathan Brown Qualifications : Bachelor of Media Experience : 6 years in community broadcasting

Danae Gibson Qualifications : Bachelor of Arts - Broadcasting Cert IV in assessment & workplace training

Experience : 19 years in community broadcasting

John MacInnes Qualifications : Diploma of Social Science Experience : 16 years in community broadcasting

Vice President

Phillip Randall Experience: CEO of Hope Media Ltd. 34 years‟ experience in broadcasting including

presentation, production, sales and management

Finance Director

Peter Rohweder Qualifications : Associate Diploma, Business Accounting

Experience : 17 years in community broadcasting

Melanie Withnall Qualifications: Master of Arts (International Studies), Bachelor of Arts in Communication,

International Studies Graduate Diploma in

Commercial Radio Broadcasting

Experience: 15 years in community broadcasting

Auditor’s independence

The auditor‟s independence declaration for the year ended 30 June 2011 has

been received and can be found on page 7 of the directors‟ report.

Signed in accordance with a resolution of the Board of Directors.

ADRIAN BASSO KATH LETCH

Director Secretary

Sydney

Dated 27/10/2011

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Auditor‟s Independence Declaration

I declare that, to the best of my knowledge and belief, during the year ended 30 June

2011 there have been:

(i) no contraventions of the auditor independence requirements as set out in the

Corporations Act 2001 in relation to the audit; and

(ii) no contraventions of any applicable code of professional conduct in relation to the

audit.

ESCOTT ASTON


DAVID G ASTON

Partner

24 August 2011

Statement of

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Comprehensive Income

for the year ended 30 June 2011


Note 2011 2010

$ $

REVENUE 3 5,754,110 7,356,521

EXPENSES

Membership services and sector projects

3,105,313

4,742,684

Employee and consultancy expenses 1,881,330 2,138,973

Depreciation and amortisation expense 50,115 52,590 Occupancy expense 105,131 104,493 Secretariat expenses 254,444

------------

317,246

------------ Total expenses 5,396,333

------------ 7,355,986

------------ NET SURPLUS 357,777

=======

535

========

Statement of

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Financial Position



ASSETS

Note 2011 2010

$ $

Current assets

Cash assets 4 3,147,606 2,072,756

Receivables 5 73,821 270,585

Other 6 18,310 -

------------ ------------

Total current assets 3,239,737 2,343,341

------------ ------------

Non-current assets

Plant & equipment 7 86,957 86,791

Intangibles 8 6,838 9,584

------------ -------------

Total non-current assets 93,795 96,375

------------ -------------

TOTAL ASSETS 3,333,532 2,439,716

======= ========

LIABILITIES

Current liabilities

Accounts payable 9 2,196,643 1,304,188

Government grants 10 584,037 925,171

Other current liabilities 11 93,339 73,134

Provisions 12 68,068 71,393

------------ -------------

Total current liabilities 2,942,087 2,373,886

------------ -------------

Non-current liabilities

Provisions 12 11,923 44,085

------------ -------------

Total non-current liabilities 11,923 44,085

------------ -------------

TOTAL LIABILITIES 2,954,010 2,417,971

======= ========

NET ASSETS 379,522 21,745

======= ========

EQUITY

Accumulated funds 379,522 21,745

======= ========

Statement of

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Changes in Equity



Total

Funds

$

Balance at 30 June 2009 21,210

Net surplus 535

-------------


========

Net surplus 357,777

-------------


========

Statement of

Page 18 of 70

Cash Flows



2011 2010

$ $

Cash Flows from operating activities

Membership fees and activities

1,238,794

1,883,186

Interest received 58,875 34,581 Payment to suppliers and employees (4,794,974)

------------

(7,189,405)

------------

(3,497,305) (5,271,638) Cash Flows from Grants

Grants received 4,611,811 ------------

6,689,080

------------ Net cash provided by operating activities 1,114,506

=======

1,417,442

========

Cash Flows from Investing Activities

Acquisitions of plant and equipment (36,970) (55,075) Acquisitions of intangibles (565) - Deposits (2,121)

------------

-

------------ Net cash flows from investing activities (39,656)

------------ (55,075)

------------ Net increase/(decrease) in cash held 1,074,850 1,362,367

Cash at start of the financial year

2,072,756

------------

710,389

------------ Cash at the end of the financial year 3,147,606

======= 2,072,756

========

Notes to the Financial Statements



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NOTE CONTENTS PAGE

1 Corporate information 20

2 Summary of accounting policies 20

3 Revenue 27

Current assets

4 Cash and cash equivalents 28

5 Trade and other receivables 28

6 Other current assets 28

Non-current assets

7 Plant and equipment 28

8 Intangibles 29

Current liabilities

9 Trade and other payables 30

10 Government grants 30

11 Other current liabilities 30

12 Provisions 30

Non-Current liabilities

12 Provisions 30

13 Commitments for expenditure 31

14 Related parties and related party transactions 31

15 Contingent liabilities 31




1 Corporate information

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The financial statements of Community Broadcasting Association of Australia Limited for the

year ended 30 June 2011 were authorised for issue in accordance with a resolution of the

directors.

2 Summary of significant accounting policies

(a) Basis of preparation

These general purpose financial statements have been prepared in accordance with the

requirements of the Corporations Act 2001, Australian Accounting Standards – Reduced

Disclosure Requirements, other authoritative pronouncements of the Australian Accounting

Standards Board and Urgent Issues Group interpretations.

The directors have elected under Section 334(5) of the Corporations Act 2001 to apply the

following Accounting Standards in advance of their effective dates:

• AASB 1053 Application of Tiers of Australian Accounting Standards; and

• AASB 2010-2 Amendments to Australian Accounting Standards arising from

Reduced Disclosure Requirements.

These Accounting Standards are not required to be applied until annual reporting periods

beginning on or after 1 July 2013.

AASB 1053 establishes a differential financial reporting framework consisting of two tiers of

reporting requirements for general purpose financial statements:

• Tier 1 – Australian Accounting Standards

• Tier 2 – Australian Accounting Standards – Reduced Disclosure Requirements

AASB 2010-2 makes amendments to each Standard and Interpretation indicating the

disclosures not required to be made by Tier 2 entities or inserting RDR paragraphs

requiring simplified disclosures for Tier 2 entities.

The company complies with Australian Accounting Standards – Reduced Disclosure Requirements as issued by the Australian Accounting Standards Board.




2 Summary of significant accounting policies continued

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(a) Basis of preparation continued

The adoption of these Standards has resulted in significantly reduced disclosures in respect of

related parties and financial instruments. There was no other impact on the current or prior year

financial statements.

Historical cost convention

The financial statements have been prepared on the basis of historical cost except for the

following:

• Land and buildings are measured at fair values less accumulated depreciation and any

impairment losses

• Available for sale financial assets are measured at fair value

The methods used to measure the fair values of these assets are discussed in notes 2(f) and

2(g). Cost is based on the on the fair values of the consideration given in exchange for assets.

Currency and rounding of amounts

The financial statements are presented in Australian dollars, which is the company‟s

functional currency. The company is an entity to which ASIC Class Order 98/100 applies.

(b) Significant accounting judgements, estimates and assumptions

The preparation of financial statements requires management to make judgements, estimates

and assumptions that affect the application of policies and reported amounts of assets,

liabilities, income and expenses. The estimates and associated assumptions are based on

historical experience and other various factors that are believed to be reasonable under the

circumstances, the results of which form the basis of making the judgements. Actual results

may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to

accounting estimates are recognised in the period in which the estimate is revised if the

revision affects only that period, or in the period of the revision and future periods if the revision

affects both current and future periods.

Significant accounting judgements

The company has entered into leases of premises and office equipment. Management has

determined that all of the risks and rewards of ownership of those premises and equipment

remain with the lessor and has therefore classified the leases as operating leases.





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(b) Significant accounting judgements, estimates and assumptions continued

Significant accounting estimates and assumptions

The key estimates and assumptions that have a significant risk of causing a material

adjustment to the carrying amounts of certain assets and liabilities within the next annual

reporting period are:

Provisions for employee benefits

Provisions for employee benefits payable after 12 months from the reporting date are based on

future wage and salary levels, experience of employment departures, and periods of service.

The amount of these provisions would change should any of these factors change within the

next 12 months.

(c) Revenue recognition

Revenue is recognised when the company is legally entitled to the income and the amount can

be quantified with reasonable accuracy. Amounts disclosed are net of goods and services tax

(GST). Revenue is recognised for the major business activities as follows:

- Revenue from donations and fundraising

Revenue is recognised when received.

- Revenue from grants Grants in advance is grant revenue received in the current financial year relating to a future income year or grants received where there has been no activity on that grant in the current financial year. Where there is activity on a grant in the current financial year, the whole grant revenue received to date is recognised as revenue for that year. Expenditure relating to the particular grant is offset against the revenue, with any excess of grant revenue over expenditure being carried as projects in progress.

- Investment income

Investment income comprises interest income which is recognised as it accrues, using the effective interest method.





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(c) Revenue recognition continued

- Asset sales

The gain or loss on disposal of all non-current assets and available-for-sale financial

investments is determined as the difference between the carrying amount of the asset

at the time of disposal and the net proceeds of the disposal.

(d) Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at bank and in hand and short

term deposits with an original maturity of three months or less. For the purposes of the cash flow

statement, cash and cash equivalents as defined above, net of any outstanding bank overdrafts.

(e) Trade and other receivables

Trade receivables are recognised and carried at original invoice amount less allowance for

doubtful debts. Trade receivables are due for settlement no more than 30 days from the date of

recognition.

Collectability of trade receivables is reviewed on an ongoing basis. Receivables which are

known to be uncollectible are written off. An allowance for doubtful receivables is established

when there is objective evidence that the company will not be able to collect all amounts

due according to the original terms of receivables. The amount of the allowance is recognised

in the income statement.

(f) Plant and equipment

Each class of plant and equipment are carried at cost or fair value less, where applicable,

any accumulated depreciation and less any impairment losses recognised after the date of

revaluation.

Items of plant and equipment are depreciated over their useful lives to the company from the

time the asset is held ready for use. Depreciation is calculated on a straight line basis over the

expected useful economic lives of the assets as follows:

The useful life for each class of depreciable asset are:

Plant and equipment 4-10 years

Website and software 3-4 years





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(f) Plant and equipment continued

Impairment

The carrying values of plant and equipment are reviewed for impairment at each reporting date,

with recoverable amounts being estimated when events or changes in circumstances indicate

that the carrying values may be impaired.

The recoverable amount of plant and equipment is the higher of fair value less costs to sell and

value in use. Depreciated replacement cost is used to determine value in use. Depreciated

replacement cost is the current replacement cost of an item of plant and equipment less, where

applicable, accumulated depreciation to date, calculated on the basis of such cost.

Impairment exists when the carrying value of an asset exceeds the estimated recoverable

amount. The asset is then written down to its recoverable amount.

Impairment losses are recognised in the income statement.

De-recognition and disposal

An item of plant and equipment is derecognised upon disposal or when the item is no longer

used in the operations of the company. Any gain or loss arising from the de-recognition is

recognised in the income statement.

(g) Leases

Leases of fixed assets where substantially all the risks and benefits incidental to the ownership of the asset, but not the legal ownership, are transferred to entities in the economic entity are

classified as finance leases. Finance leases are capitalised, recording an asset and a liability

equal to the present value of the minimum lease payments, including any guaranteed residual values.

Lease payments are allocated between the reduction of the lease liability and the lease interest expense for the period.

Leased assets are depreciated on a straight-line basis over their estimated useful lives where it

is likely that the economic entity will obtain ownership of the asset or over the term of the lease.

Lease payments for operating leases, where substantially all the risks and benefits remain with

the lessor, are charged as expenses in the periods in which they are incurred.





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(h) Trade and other payables

Trade and other payables represent liabilities for goods and services provided to the company

prior to the end of the financial year that are unpaid. These amounts are usually settled in 30

days. The notional amount of the payables is deemed to reflect fair value.

(i) Employee benefits

Employee benefits comprise wages and salaries, annual, long service and maternity leave.

Liabilities for wages and salaries expected to be settled within 12 months of balance date are

recognised as other payables in respect of employees‟ services up to the reporting date.

Liabilities for annual and maternity leave in respect of employees‟ services up to the reporting

date which are expected to be settled within 12 months of balance date are recognised in

the provision for annual leave. Both liabilities are measured at the amounts expected to be

paid when the liabilities are settled.

The liability for long service leave is recognised in the provision for employee benefits and

measured as 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 anticipated 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

currencies that match, as closely as possible, to the estimated future cash flows.

Change in method of recognition of long service leave

The company changed its method for the recognition of long service liabilities during the year.

The company recognises a liability for long service leave when an employee has completed five

years service. The company‟s Enterprise Bargaining Agreement requires long service leave to

be paid after the completion of 5 years service. In prior years, a liability for long service leave

was accrued for an employee from the date of their commencement of employment.





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(j) Taxation

Income tax

The company is a charitable institution for the purposes of Australian taxation legislation and is

therefore exempt from income tax. This exemption has been confirmed with the Australian

Taxation Office.

Goods and services tax (GST)

Revenues, expenses and assets are recognised net of the amount of GST except where the

amount of GST is not recoverable from the ATO, in which case it is recognised as part of the

cost of acquisition of an asset or as part of an item of expense.

Trade receivables and trade payables are recognised inclusive of GST.

The net amount of GST recoverable from or payable to the ATO is included as part of

receivables or payables.

Cash flows are included in the statement of cash flows on a gross basis. The GST component

of cash flows arising from investing and financing activities which is recoverable from or

payable to the ATO is classified as operating cash flows.

(k) Comparative figures

When required by Accounting Standards comparative figures have been adjusted to conform

with changes in presentation for the current financial year.




Page 27 of 70

3 Revenue

From continuing operations

Note 2011 2010

$ $

Membership fees 378,393 300,451

Grants received – CBF 3(a) 4,191,208 5,978,483

Grants received – APRA 15,000 14,030

Grants received – DOHA 3(a) 444,909 399,548

Grants received – Other 4,000 10,000

CRN, Conference and activities revenues 635,705 553,889

Training fees - 28,301

Other income 24,037 37,238

-------------- --------------

5,693,252 7,321,940

-------------- --------------

Other income - Interest received 60,858 34,581

-------------- -------------

Total revenue and other income 5,754,110 7,356,521

======== ========

3(a) Grant income reconciliation

CBF Grants

Unexpended grants – 1 July 821,286 412,195

Grants received during the year 3,953,958 6,412,536

Unexpended grants – 30 June (577,726) (821,286)

Grants returned (6,310) (24,962)

-------------- -------------

CBF grant income 4,191,208 5,978,483

======== ========

DOHA Grants

Unexpended grants – 1 July 98,449 14,482

Grants received during the year 346,460 483,515

Unexpended grants – 30 June - (98,449)

-------------- -------------

DOHA grant income 444,909 399,548

======== ========




Page 28 of 70

4 Cash and cash equivalents Cash at bank and on hand

3,078,236

2,005,522 Short term deposits 69,370 67,234

-------------- --------------

3,147,606 ========

2,072,756

=========

The deposits are bearing floating interest rates

between 1.95% and 5.50% (2010 – 1.95% and 4.25%).

5 Trade and other receivables

Trade receivables 60,323 246,938 Less: allowance for doubtful debts (30,000) (30,000)

-------------- --------------

30,323 216,938 Interest receivable 3,768 1,451

Deposits 9,942 7,821 Net GST refundable 636 1,985 PPCA royalties 29,152 42,390

-------------- --------------

73,821 270,585

======== =========

6 Other current assets

Prepayments 18,310 ========

-

=========

7 Plant and equipment

Office furniture and equipment

Office furniture and equipment - at cost 731,977 695,766

Accumulated depreciation 2(f) (645,020) (608,975)

-------------- ------------- Total office furniture and equipment 86,957 86,791

======== ========

Note 2011 2010

$ $




Page 29 of 70

Note 2011 2010

$ $

7 Plant and equipment continued

Reconciliation

Reconciliation of the carrying amount of plant and equipment at the beginning and

end of the current financial year:

Carrying amount – 1 July

86,791

93,588

Additions 36,970 39,916 Depreciation (36,804)

--------------

(46,713)

------------- Carrying amount – 30 June 86,957

========

86,791

========

8 Intangibles

Intangibles

Website and software - at cost 25,829 25,264 Accumulated amortisation 2(f) (18,991)

--------------

(15,680)

------------- Total intangibles 6,838

========

9,584

========

Reconciliation

Reconciliation of the carrying amount of Intangibles at the beginning and end of the current financial year:

Carrying amount – 1 July

9,584

302

Additions 565 15,159 Amortisation (3,311)

-------------- (5,877)

-------------

Carrying amount – 30 June 6,838 9,584

======== ========




Page 30 of 70

2011 2010

$ $

9 Trade and other payables

Current

Trade creditors 2,124,213 1,169,433 Other creditors and accrued charges 41,810 92,365 PPCA liabilities 30,620

--------------

42,390

-------------

2,196,643 ========

1,304,188

========

10 Government grants

Current

Grants repayable 6,310 - Unexpended grants 577,727

--------------

925,171

-------------

584,037 ========

925,171

========

11 Other current liabilities

Current

Income in advance 2,500 - Unearned membership fees - 5,274 Unexpended CD distribution fees 90,839

--------------

67,860

-------------

93,339

========

73,134

========

12 Provisions

Current

Annual leave 68,068 63,027

Long service leave - --------------

8,366

-------------

68,068

========

71,393

========




Page 31 of 70

2011 2010

$ $

12 Provisions continued

Non - Current

Long service leave 11,923 ========

44,085

========

13 Commitments for expenditure

Operating leases

Leases as lessee

Minimum commitments are payable as follows:

Within 1 year 80,877 80,876

Later than 1 years but not later than 5 years - 80,877

-------------- -------------

80,877 161,753

======== ========

The company leases property under operating leases expiring in 2012.

14 Related parties and related party transactions

(a) Directors‟ compensation

The directors act in an honorary capacity and receive no compensation for their services.

(b) Key management personnel compensation

The names and positions of those having authority for planning, directing and controlling

the company‟s activities, directly or indirectly (other than directors), are:

Kath Letch, Chief Executive Officer

15 Contingent liabilities

The directors of the Company are not aware of any contingent liabilities at balance date.

Directors‟

Page 32 of 70

Declaration

In the opinion of the directors of Community Broadcasting Association of Australia Limited:

(a) the financial statements and notes, set out on pages 7 to 25 are drawn up in

accordance with the Corporations Act 2001, including;

(i) giving a true and fair view of the financial position of the company as at

30 June 2011 and of its performance, as represented by the results of its

operations and its cash flows, for the year ended on that date; and

(ii) complying with Accounting Standards and Corporations Regulations; and

(b) there are reasonable grounds to believe that the company will be able to pay its

debts as and when they become due and payable.

This statement is made in accordance with a resolution of the directors.

ADRIAN BASSO

Director

KATH LETCH

Secretary

Sydney

Dated 27/10/11

Independent Audit Report

Page 33 of 70

To the members of Community Broadcasting Association of Australia Limited

Report on the financial report

I have audited the accompanying financial report of Community Broadcasting Association

of Australia Limited (the company), which comprises the statement of financial position as

at 30 June 2011 and the statement of comprehensive income, statement of changes in

equity and statement of cash flow for the year ended on that date, a summary of

significant accounting policies and other explanatory notes and directors‟ declaration.

The responsibility of the directors for the financial report

The directors of the company are responsible for the preparation and fair presentation of

the financial report in accordance with Australian Accounting Standards (including the

Australian Accounting Interpretations) and the Corporations Act 2001. This responsibility

includes designing, implementing and maintaining internal control relevant to the

preparation and fair presentation of the financial report that is free from material

misstatement, whether due to fraud or error; selecting and applying appropriate

accounting policies; and making accounting estimates that are reasonable in the

circumstances. In Note 1, the Directors also state, in accordance with Australian

Accounting Standards AASB 101 Presentation of Financial Statements, that, compliance

with the Australian Accounting Standards – Reduced Disclosure Requirements ensures

that the financial report, comprising the financial statements and notes, complies with

Australian Accounting Standards – Reduced Disclosure Requirements.

Auditor‟s responsibility

My responsibility is to express an opinion on the financial report based on my audit. I

have conducted my audit in accordance with Australian Auditing Standards. These

Auditing Standards require that I comply with relevant ethical requirements relating to

audit engagements and plan and perform the audit to obtain reasonable assurance

whether the financial report is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and

disclosures in the financial report. The procedures selected depend on the auditor‟s

judgement, including the assessment of the risks of material misstatement of the financial

report, whether due to fraud or error. In making those risk assessments, the auditor

considers internal control relevant to the company‟s preparation and fair presentation of

the financial report in order to design audit procedures that are appropriate in the

circumstances, but not for the purpose of expressing an opinion on the effectiveness of

the company‟s internal control. An audit also includes evaluating the appropriateness of

accounting policies used and the reasonableness of accounting estimates made by the

directors, as well as evaluating the overall presentation of the financial report.

Independent Audit Report

Page 34 of 70

To the members of Community Broadcasting Association of Australia Limited

Independence

In conducting my audit, I have complied with the independence requirements of the

Corporations Act 2001. I confirm that the independence declaration required by the

Corporations Act 2001, provided to the directors of the Company on 24 August 2011

would be in the same terms if provided to the directors as at the date of this auditor‟s

report.

Auditor‟s opinion pursuant to the Corporations Act 2001

In my opinion, the financial report of Community Broadcasting Association of Australia

Limited 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 2011

and of its performance for the year ended on that date; and

ii) Complying with Australian Accounting Standards – Reduced Disclosure

Requirements (including Australian Accounting Interpretations) as described in

Note 1 and the Corporations Regulations 2001; and

ESCOTT ASTON


DAVID G ASTON

Partner

Dated 28/10/2011

The accompanying notes form part of these financial statements.

Page 36 of 70

Disclaimer


The additional financial data presented on pages 30 to 48 is in accordance with the books

and records of the company which have been subjected to the auditing procedures

applied in my statutory audit of the company for the year ended 30 June 2011. It will be

appreciated that my statutory audit did not cover all details of the additional financial

information. Accordingly, I do not express an opinion on such financial information and no

warranty of accuracy or reliability is given.

In accordance with my firm's policy, I advise that neither the firm nor any member or

employee of the firm undertakes responsibility arising in any way whatsoever to any

person (other than the company) in respect of such information, including any errors or

omissions therein, arising through negligence or otherwise however caused.

ESCOTT ASTON


DAVID G ASTON

Partner

Dated 28/10/2011


Detailed Income Statement for the year ended 30 June 2011 Community Broadcasting Association of Australia Limited

Page 37 of 70

2011 2010 Sch $ $

DIVISION AND PROJECT RESULTS

Division results

Secretariat 1 247,033 28,334 Community Radio Network 2 109,037 19,176

CBAA Training (RTO) 3 (9,677) (14,695) Technical Development Unit 4 (524) -

-------------- -------------

345,869 32,815 Project results AMRAP project 5 - -

CB Online project 6 - - Conference 7 14,805 (32,280) Digital Radio project 8 - -

National Training project 9 (392) - Other CBF funded projects 10 - - Other Non CBF funded projects 11 (2,505) -

-------------- -------------

11,908 (32,280)

-------------- -------------

NET SURPLUS 357,777 535

======== ========

The above UNAUDITED detailed income statement should be read in conjunction with the disclaimer



Page 38 of 70

2011

$

2010

$

SCHEDULE 1 - SECRETARIAT

Income

Administration recoveries - internal 104,825 145,826 Business activities 139,921 94,145 Business management fees 13,500 -

Capital income from projects 564 33,249 CBX advertising 16,620 15,298 Grant received - CBF 335,995 305,000

Interest received 55,605 23,848 Membership fees 378,393 300,451 Partnerships 10,000 -

Sundry income 9,171 ------------

3,041

------------ Total income 1,064,594 920,858

Expenditure

Accountancy fees 14,318 19,134 Amortisation 3,311 -

Audit fees 9,750 9,750 Bad debts 37,482 23,661 Bank charges 3,349 2,073

Business fees 44,533 37,658 CBX expenses 21,478 26,513 Cleaning 3,131 3,086

Committee expenses 22,264 34,530 Consultancy fees 42,353 9,882 Couriers and freight 191 -

Deficit on disposal of plant and equipment - 3,363 Depreciation 36,044 52,590 Electricity 8,079 6,153

Employee entitlements provided/(written back) (75,795) 21,522 General expenses 266 915 Information technology - 715

Insurance 10,512 ------------

5,518

------------ Sub-total carried forward 181,266 257,063



Page 39 of 70

2011 2010

$ $

SCHEDULE 1 - SECRETARIAT

Expenditure continued

Sub-total brought forward 181,266 257,063

Legal expenses 3,725 -

Office equipment rentals and leases 16,567 10,919

Payroll tax 11,973 12,279

Postage 7,066 3,942

Printing 1,208 691

Promotion and advertising 866 1,920

Rent 34,468 31,370

Repairs and maintenance 74 542

Salaries and wages 492,613 442,433

Security 262 376

Special projects (14,620) 50,620

Staff amenities 2,927 1,854

Staff recruitment 1,520 5,419

Staff training 482 2,003

Stationery and office supplies 4,972 4,613

Subscriptions 1,326 2,091

Superannuation 41,438 38,901

Telephone, fax and Internet 10,487 12,237

Travelling expenses 18,941 13,251

------------ ------------

Total expenditure 817,561 892,524

------------ ------------

NET DIVISION RESULT 247,033 28,334

======= =======



2011

$

2010

$

SCHEDULE 2 - COMMUNITY RADIO NETWORK

Page 40 of 70

Income

Grant received – CBF 114,632 82,210

Grant received – APRA 15,000 14,030

Business Activities 54,693 55,411

Satellite fees 128,529 120,302

Other Income 6,071 15,408

------------ ------------

Total income 318,925 287,361

Expenditure

Accountancy and audit fees 3,131 9,869

Administration charge - internal 20,191 20,191

Bad debts - 7,620

Bank fees 72 60

Broadcast services 682 -

Cleaning 834 1,111

Consultancy fees - 269

Electricity 2,031 2,214

Employee entitlements provided/(written back) 9,436 (6,999)

Equipment purchases and software 2,610 -

Insurance 2,658 2,350

Information technology - 624



Postage 1,162 1,554

Printing and stationery 1,164 2,078

Promotion and publicity - 504

Rent 9,117 11,274

Repairs and maintenance 4,492 3,442

Salaries & wages 122,080 173,116

Security 70 136

Staff amenities 686 544

Staff training and development 409 -

------------ ------------ Sub-total carried forward 188,598 238,898



2011

$

2010

$

SCHEDULE 2 - COMMUNITY RADIO NETWORK

Page 41 of 70


Sub-total brought forward

188,598

238,898

Subscriptions 70 53 Superannuation 10,760 15,264

Telephone, Fax and Internet 8,996 11,093 Travelling Expenses 1,464

------------ 2,877

------------ Total expenditure 209,888

------------

268,185

------------ NET DIVISION RESULT 109,037

=======

19,176

=======



2011

$

2010

$

Page 42 of 70

SCHEDULE 3 - CBAA TRAINING (RTO)

Income

Grants received - CBF - 38,000 Project management fees - 16,159 Other income - 2,523

Special grants - 10,000 Training fees - 28,301

------------ ------------ Total income - 94,983

Expenditure

Accountancy and audit fees

838

4,306 Administration charge - internal - 17,979

Bad debts 708 5,280 Cleaning - 555 Consultancy fees 7,056 8,832

Electricity - 1,107 Employee entitlements provided/(written back) - (5,908) Information technology - 674

Insurance 2 979 Miscellaneous expenses - 5 Office equipment rentals and leases - 1,294

Payroll tax 104 1,747 Postage - 1,292 Printing 632 1,177

Promotion and advertising - 95 Rent - 5,672 Repairs & maintenance - 79

Salaries and wages 308 50,285 Security - 68 Staff amenities 29 264

Subscriptions - 1,090 Superannuation - 4,410

Sub-total carried forward

------------ 9,677

------------ 101,282



2011

$

2010

$

Page 43 of 70

SCHEDULE 3 - CBAA TRAINING (RTO) continued


Sub-total brought forward

9,677

101,282

Staff training - 251 Stationery and office supplies - 630

Telephone, fax and internet - 774 Transfer project losses - 5,449 Travel and accommodation -

------------

1,292


------------

109,678

------------ NET DIVISION RESULT (9,677)

=======

(14,695)

=======



Page 44 of 70

2011

$ 2010

$

SCHEDULE 4 - TECHNICAL DEVELOPMENT UNIT

Income

Grant received - CBF 75,000 75,000 Unexpended grant – 1 July -

------------

415

------------ Total income 75,000 75,415

Expenditure

Consultancy 74,000 74,000 Project losses - 415 Travelling expenses 1,524

------------

1,000


------------

75,415

------------ NET DIVISION RESULT (524)

=======

-

=======



Page 45 of 70

SCHEDULE 5 – AMRAP PROJECT

Income

2011 2010

$ $

Grant received - CBF 495,000 399,948

Interest received 1,864 267

Other income 320 -

Unexpended grant – 1 July 69,695 157,619

------------ ------------

Total income 566,879 557,834

Expenditure


Administration charges – internal 28,415 26,289

Bank charges 412 -

Board and committee expenses 2,853 -

CD compilation 240 19,704

CD distribution 17,205 15,644

Cleaning 1,895 1,502

Conference expenses 5,982 827

Consultancy fees 954 22,784

Couriers and freight 667 -

Electricity 1,109 844

Employee entitlements provided 17,365 18,435

Equipment purchases 1,197 -

Information technology - 17,818


Legal expenses - 7,650

Miscellaneous expenses - 687

Music correspondent and recordings 14,783 -

Music for radio summits 17,492 -

Office equipment rentals and leases 578 1,423

Payroll Tax 5,709 6,555

Postage 225 2,360

Printing 99 91

Promotion and advertising 23,141 23,732

Rent 19,337 15,265

------------ ------------

Expenses carried forward 168,677 196,637



Page 46 of 70

2011 $

2010

$

SCHEDULE 5 – AMRAP PROJECT continued

Expenses brought forward

168,677

196,637

Repairs and maintenance

513

197 Salaries and wages 233,374 235,135 Security costs 149 183

Sector organisation ambassador 21,150 - Staff amenities 2,127 794 Staff recruitment expenses 562 663

Staff training and development 650 - Stationery and office supplies 2,659 4,206 Subscriptions 357 965

Superannuation 20,688 20,761 Telephone, Fax and Internet 5,522 6,094 Travel and Accommodation 13,009 18,612

Web Hosting 910 ------------

3,892


------------

488,139

------------

96,532 69,695 Less: Unexpended grant – 30 June 96,532

------------

69,695

------------ NET PROJECT RESULT -

=======

-

=======



2011

$

2010

$

Page 47 of 70

SCHEDULE 6 - CB ONLINE PROJECT

Income

Grants received - CBF 407,081 480,886

Other Income 2,119 3,278

Unexpended grant – 1 July 97,187 81,980

------------ ------------ Total income 506,387 566,144

Expenditure


Administration charge – internal 28,415 27,289

Bank charges 15 66

Board and committee expenses 2,838 -

Cleaning 598 637

Conference awards - 1,230

Conference expenses 2,261 2,500

Consultancy fees 61,469 145,105

DDN Implementation 82,678 201,599

Electricity 1,628 1,270

Employee entitlements provided/(written back) 6,670 (13,387)

Equipment purchases 188 -

Information technology 20 80


Miscellaneous - 200

National station census 19,163 -



Postage 1,152 2,206

Printing 1,944 -

Promotion and advertising 3,355 2,769

Rent 6,470 6,442

Repairs & maintenance 137 91

Salaries and wages 66,264 55,212

Security 50 77

------------ ------------ Expenses carried forward 296,036 444,687



2011

$

2010

$

Page 48 of 70

SCHEDULE 6 - CB ONLINE PROJECT

Expenses brought forward

296,036

444,687

Staff amenities

564

317

Staff recruitment 862 - Staff training and development 1,771 - Stationery and office supplies 782 1,075

Subscriptions 23 76 Superannuation 5,930 4,895 Telephone, fax and internet 2,786 3,162

Travel and accommodation 14,069 ------------

14,745


------------

468,957

------------

183,564 97,187 Less: Unexpended grants – 30 June 183,564

------------

97,187


=======

-

=======

Summary of projects included:

CB Online Data Collection

McNair Survey CB Online Project



2011

$

2010

$

Page 49 of 70

SCHEDULE 7 - CONFERENCE

Income

Expo fees 800 16,900 Other income 909 -

Registration and meals 101,666 64,809 Sponsorship and advertising 63,851

------------

16,614

------------ Total income 167,226 98,323

Expenditure

Administration - 6,868

Audio visual expenses 15,751 16,378 Awards 1,797 1,300 Bank fees 132 -

Committee expenses 3,409 - Conference expenses 44,400 794 Consultancy fees 48,006 16,880

Couriers and freight 1,870 - Postage 252 - Printing 5,689 -

Promotional material 5,756 2,721 Sponsor costs 1,859 - Stationery and office supplies 55 1,769

Telephone, fax and internet - 1,580 Travelling expenses 13,885 5,674 Travel rebate - 2,236

Venue hire 9,560 ------------

74,403


------------

130,603

------------ NET DIVISION RESULT 14,805

=======

(32,280)

=======



Page 50 of 70

2011 $

2010

$

SCHEDULE 8 - DIGITAL RADIO PROJECT

Income

Grants received - CBF 2,475,000 4,633,000 Interest received 3,389 10,466 Unexpended grants – 1 July 507,908

------------

33

------------ Total income 2,986,297 4,643,499

Expenditure


Administration charge - internal 26,820 26,289 Bank charges 11 - Board and committee expenses 361 -

Cleaning 435 637 Consultancy fees 173,991 202,900 Couriers and freight 353 -

Electricity 1,367 1,040 Employee entitlements provided 5,572 104 Equipment and installation costs 2,375,595 3,787,401

Information technology - 5,135 Insurance 629 1,064 Legal expenses 11,552 45,135

Miscellaneous expenses 3,908 4,011 Office equipment rentals and leases 2,247 2,253

Payroll tax 4,129 5,616 Postage 1,568 945 Printing 9,062 145

Promotion and advertising 2,378 870 Registration and entry fees 1,641 - Rent 4,632 5,821

Repairs and maintenance 10 124 Salaries and wages 61,798 3,267 Security 35

------------

78

------------ Expense sub-total carried forward 2,698,094 4,107,043



Page 51 of 70

2011 $

2010

$

SCHEDULE 8 - DIGITAL RADIO PROJECT continued

Expense sub-total brought forward

2,698,094

4,107,043

Staff amenities

962

321 Staffing recruitment 658 1,288 Stationery and office supplies 786 790

Subscriptions 95 30 Superannuation 5,512 263 Telephone, fax and internet 2,795 7,942

Travel and accommodation 21,948 ------------

17,914

------------ 2,730,850

------------

4,135,591

------------ 255,447 507,908

Less: Unexpended grants – 30 June 255,447

------------

507,908


======= -

=======



2011

$

2010

$

SCHEDULE 9 - NATIONAL TRAINING PROJECT

Page 52 of 70

Income

Grants received - CBF

27,670

320,835

Grant received – Express Media 4,000 -

Other income 195 - Unexpended grants – 1 July 74,496

------------

170,316

------------ Total income 106,361 491,151

Expenditure


Administration charge - internal 983 43,948 Bad debts - (158) Board and committee expenses 781 -

Cleaning - 637 Conference expenses 4,291 - Consultancy fees 46,003 125,083

Electricity - 1,039 Employee entitlements provided/(written back) - (486) Information technology - 5,334

Insurance - 1,213 Legal expenses - 1,800 Miscellaneous - 2,667

Office rentals and leases - 3,173 Payroll tax - 3,171 Postage - 1,216

Promotion and advertising - 673 Project management fees - 12,950 Rent - 5,821

Repairs & Maintenance - 91 Registration and entry fees 10,382 - Salaries and wages -

------------

115,030

------------ Expense sub-total carried forward 63,770 330,507



2011

$

2010

$

SCHEDULE 9 - NATIONAL TRAINING PROJECT

Page 53 of 70

Expense sub-total brought forward 63,770 330,507

Security

-

78

Staff Amenities - 1,029 Staff Training - 1,268 Stationery & Office Supplies 195 4,389

Subscriptions - 30 Superannuation - 10,122 Telephone, Fax and Internet 46 3,481

Travel and Accommodation 3,908 14,689 Web Development - 26,100

------------ ------------ Total expenditure 67,919 391,693

Less: Unexpended grants – 30 June

------------ 38,442

------------ 99,458

Unexpended grants 32,524 74,496 Grant funds returned 6,310 24,962

------------ ------------

38,834 99,458

------------ ------------ NET PROJECT RESULT (392) -

======= =======


RTO Broadcast Development

Youth Training Project

Training Trainer

National Training Project Indigenous Management

NTP BTRD Project Management



2011

$

2010

$

Page 54 of 70

SCHEDULE 10 - OTHER CBF FUNDED PROJECTS

Income

Grants received - CBF 23,580 77,657

Other Income - 580 Unexpended grants – 1 July 72,000 1,831

------------ ------------ Total income 95,580 80,068

Expenditure

Board and committee expenses 95 - Conference Awards 2,636 2,650 Consultancy fees 78,092 -

Couriers and freight 60 - Miscellaneous expenses 350 8 Postage 1,625 561

Printing 1,087 580 Promotion and marketing expenses 902 - Salaries and wages 187 -

Superannuation 17 - Telephone, Fax & Internet 31 163 Travel and Accommodation 838

4,106 ------------ ------------ Total expenditure 85,920 8,068

------------ ------------

9,660 72,000

Less: Unexpended grants – 30 June 9,660 72,000

------------ ------------ NET PROJECT RESULT - -

======= =======


National Radio News Tony Staley Award

Pre-Election Campaign



2011

$

2010

$

Page 55 of 70

SCHEDULE 11 - OTHER NON-CBF FUNDED PROJECTS

Income

CD Distribution 23,715 43,037 Grants received - DOHA 346,460 483,515

Other Income 5,586 12,408 Unexpended grants – 1 July 98,449 14,482 Unexpended CD distribution fees – 1 July 67,860

------------

-

------------ Total income 542,070 553,442

Expenditure

Accountancy and audit fees 1,600 (500) Bad debts - 123 Bank charges 356 -

Broadcast services 118,282 79,418 CD compilation 9,980 1,400 Consultancy 283,782 264,180

Postage 4,800 1,200 Printing 23,736 12,234 Promotion and advertising 8,400 -

Salaries - 23,466 Telephone, fax and internet 2,800 800 Travel and accommodation -

------------

4,812


------------

387,133

------------

88,334 166,309 Less: Unexpended income Unexpended grants – 30 June - 98,449

Unexpended CD distribution fees – 30 June 90,839 ------------

67,860

------------

90,839

------------

166,309

------------ NET PROJECT RESULT (2,505)

=======

-

=======

General

Manager‟s Report Community Broadcasting Association of Australia Limited

Page 56 of 70

The 2010-11 financial year has been a period of both consolidation and transition for the CBAA.

There has been a level of change with senior staff roles in both secretariat and projects, and the

community broadcasting sector continues to make its way through a complex set of ongoing changes

in media services and delivery. The growth of community broadcasting licences, combined with such

extensive changes in media and technology, means that the CBAA will need to continue to review

and adapt resources and its operation to meet the demands of a contemporary media environment.

Finance

The CBAA has consolidated its financial position with a surplus for the 2010-11 year. It has been

important to re-establish financial reserves in order to create some flexibility for development and

operational management over the next few years, and to ensure infrastructure can be upgraded and

improved. The CBAA has pursued a financially cautious approach to the 2010-11 year in order to

ensure any developments across the next 2 years are within the organisations current resource

levels. As with any not-for-profit organisation a small level of ongoing surplus will be retained to

enable financial security and stability.

Member representation and support

In 2010 the ACMA revised both the community participation and not-for-profit guidelines for

community broadcasters and the CBAA consulted with members and made submissions detailing a

broad range of issues related to the revised guidelines. The ACMA also revised the licence renewal

application in 2011 and the CBAA made of number of submissions related to the revised B66

application.

The CBAA continued to provide information and support to members across both operational and

organisational matters, and to respond to a broad range of queries from member stations. The

Dispute Resolution Initiative was formally launched in February 2011 through the partnership with the

Independent Arbitrators and Mediators Association of Australia (IAMA) and a number of stations have

utilised the service in 2011. The provision of information and resources to members remains a critical

priority for the CBAA alongside representing community broadcasting licensees in relation to

regulatory and broadcast policy issues.

The CBAA produces the CBX magazine throughout the year for distribution to member stations and

associates, and distribution now includes all federal MP‟s as a way of ensuring community

broadcasting stories are delivered to MP offices nationally on a regular basis. The CBAA also

produces a fortnightly email update so that communications are maintained with both member

stations and stakeholders throughout the year.

General

Manager‟s Report Community Broadcasting Association of Australia Limited

Page 57 of 70

Policy, representation and Advocacy

The CBAA has continued to represent the sector‟s interests across technical planning and policy

areas throughout the year with submissions to ACMA, the regional digital radio review conducted by

DBCDE and the Convergence Review. The Technical Consultant‟s report details information in

relation to spectrum planning and the Digital Dividend, digital planning and the 900 MHz band review.

In major submissions the CBAA provides information across all community licenses in order to

ensure that the scale and diversity of the sector is represented in broadcast policy considerations.

Digital Radio

The CBAA has lobbied for over 15 years to achieve access to digital broadcast platforms and in 2010

the first stage of community digital radio was realised with the introduction of community digital

services in the five mainland capital cities for metro-wide services. Community digital radio was

formally launched at a national level in May 2011 and the CBAA will continue to advocate for access

for all community broadcasters as the digital radio framework develops.

Content distribution

The Community Radio Network (CRN) delivers a broad range of programs to subscribing stations

including news, current affairs, specialist music and talks programs, live broadcasts and an overnight

sustaining service. It‟s a credit to the individuals and stations involved in producing national

programming that the satellite and DDN services are able to deliver community produced content 168

hours a week throughout the year. The CBAA is keen to continue to develop the CRN service and

quality national programs that reflect the unique qualities of community broadcasting.

Projects

The CBAA now manages three sector projects with the support of Federal Government funding

through the CBF: the Australian Music Radio Airplay Project (Amrap), CBOnline and the Digital Radio

Project. National training within the community broadcasting sector is conducted through the

Communi

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2010 2011 Annual Report Report... · 2019. 12. 19. · 2010 – 2011 Annual Report Community Broadcasting Association of Australia Limited ... Company Details 3 Board & Committees