annual report 2009

ANNUAL GENERAL MEETINGTo be held at Elmwood Garden 1 September 2009 at 7.30pm

InvercargillLicensing Trust

invercargill licensing trust

INcLUdEsn Invercargill Licensing Trustn ILT Foundation

Nathan HughesFreddy Eynsford-Hill

My Fair Lady is an exciting addition to Nathan’s Musical Theatre experience. This is the first time he has taken to the stage in one of IMT’s major shows in a solo capacity.

This will be Nathan’s seventh show for IMT. He first appeared in Copacabana back in 2003 and has since been onstage in The Best Little Whorehouse in Texas, Chicago, Forbidden Broadway and Theatre Restaurants Simply the Best and Turn Back Time. Nathan sings in the group “Top Shelf” who specialise in corporate functions.

By day Nathan is the Year 7 Syndicate Leader at Southland Boys’ High School where he has taught for the last five years. He is on the Committee of the ILT Invercargill Schools’ “Sing Out” and enjoys getting back to Rock ‘n’ Roll dancing.

Nathan is currently in partnership setting up a photography company in Invercargill. The familiar face of the SBS i‑Save campaign, Nathan is enjoying newly married life and is looking forward to travelling.

Sally BryceMrs Higgins

It has been 18 years since Sally last performed for the IMT, when she played Lady Battersby in Me & My Girl. The ‘matinee lead’ and a chorus member in her first musical South Pacific, Sally has gone on to play many roles in musicals and repertory. She remembers fondly her favourite role as Anna in The King & I: her best character role as Miss Hannigan in Annie, and has special memories of Barnum in which she played Charity Barnum opposite the late Rob Guest. Sally directed IMT’s first Theatre Restaurant Bless ‘em All then devised and directed the Roaring Twenties Revue and Face the Music.

For the last 12 years Sally has become interested in “Sweet Adeline” barbershop singing with the Foveaux Harmony Chorus. She had the fortunate experience of joining with the Christchurch City Chorus to compete internationally in Calgary, Canada, in 2007 and appearing in an invitation performance at Carnegie Hall, New York, earlier this year.

Sally believes Mrs. Higgins is an engaging character and can not believe how lucky she is to play this role 34 years after she last played it for IMT in 1975!

Melissa CrennanMrs Pearce

Melissa is a graduate of the Wellington Conservatorium of Music and The Queensland Conservatorium of Music, Griffith University, Australia. She has won a number of prestigious singing scholarships from New Zealand, Australia and Italy and has appeared as a guest soloist with many professional orchestras.

Melissa made her New Zealand debut as Prince Orlofsky in Die Fleidamus for the Wanganui Royal Opera House. Performance highlights include being a finalist in The New Zealand Mobile Song Quest and the Australian Covent Garden Final. Whilst in Florence, Italy she was awarded an Italian singing scholarship to perform Orfeo in Orfeo ed Euridice and while living and working in Asia she performed regularly for the New Zealand, Australian, British and Italian Embassies.

Since returning to Invercargill, Melissa has enjoyed performing a recital for Shakespeare in the Park, in the Southern Arts Festival, in Brigadier and Stepping Out and is delighted to be performing in her first production with IMT.

Production PersonnelExecutive Producers Invercargill Musical Theatre Incorporated

Director Bryan Aitken

Musical Director Luke Di Somma

Choreographer Jan Brown

Production Coordinator Di Lenihan

Rehearsal Pianists Michael Buick, Di Lenihan, Clare Lenihan, John Perry

Set & Costumes Owned by and on Hire from Wellington Musical Theatre

Costume Design Stephen Robertson

Lighting Design John Calder & Bryan Aitken

Sound Design Glen Ruske, Bounce NZ

Set Design Harold Moot

Set Construction Peter Thwaites, Noel Carson, Dave Elliott, Josh James, Nick Round‑Turner, Mike White, Roy Barlow, Dave Lankshear

Stage Manager Neale Smith

Assistant Stage Managers Dave Elliott & Noel Carson

Cue Caller Chris Herman

Stage Crew Mike White & Josh James

Lighting Technician / Operator John Calder

Assisted by Daniel Wilson

Sound Manager Chris Herman

Sound Operator Robert Pay

Radio Microphones Merv Cook & John Perry

Technical Support John Perry

Head Flyman Ollie Knowles

Flymen Phil Edlin & Peter Jenkins

Properties Manager Elizabeth Fraser

Properties Team Sarah Porter, Nicola Gourley, Suzanne Prentice, Jill Derbie, Lynette Watkins

Flower Arrangements Shirley McMillan

Wardrobe Managers Bernadette Gourley & Shirley Adam

Assisted by Lynley MacDonald, Margaret Fitzgerald, Jeanette Williamson, Wendy Shaw

Dressers Lynley Irvine, Karen Kean, Anne McSoriley, Josie McSoriley, Kaye McCurdy, Margaret Sands, Yvonne Smith, Gill Young

Make-up Manager Kerry Riddell

Assisted by Linda Howard, Pauline Corcoran, Wendy Shaw.

Wigs Convenor Yvonne Gawn Assisted by Cris Gale, Suzette Morgan, Bev Harvey, Linda Marshall, Karen Gale, Pam Elliott, Jenny Fraser, Vicki Ryan, Amber Reed Parkinson

Programme Compilation Miles Hewton, Alex Derbie, Leisanne Fraser

Programme Design / Layout Dave Goodall

Programme Photography Miles Hewton

Printing Craigs Design & Print

Advertising

Marketing & Sponsorship Leisanne Fraser, Kim Forsythe, Miles Hewton

Contracts Leisanne Fraser

Graphic Design Posters/ Media David Cocker

Front of House Managers Philip Fraser and the Executive Team

The Southland Times is proud to be supporting the Invercargill Musical Theatre andtheir 2009 production of ...

A Few Words from Henry ... “Yes, you squashed cabbage leaf ... you incarnate insult to the English language, I could pass you off as the Queen of Sheba”.

George Bernard Shaw’s Pygmalion both delighted and scandalized its first audiences in 1914. A brilliantly witty reworking of the classical tale of a sculptor who falls in love with his perfect female statue. Pygmalion is named after the Cypriot King from Greek mythology who fell in love with his own creation: an ivory statue called ‘Galatea’. When he fell in love with Galatea, the Goddess Aphrodite brought the statue to life and Pygmalion married her. As well as reflecting Shaw’s feminist views, Pygmalion provides a commentary on the class system which may not be so irrelevant today! Henry Higgins believes he can transform Eliza Doolittle, a cockney flower girl, into a Duchess at ease in ‘polite’ society by changing the way she speaks. However, his ‘creation’ has a mind of her own and a battle of wills begins that challenges them both in unexpected ways.

By the time Lerner and Leowe’s musical adaptation of Pygmalion, My Fair Lady, ended its New York run in 1962, it had run six and a half years and for 2,717 performances, more than any other previous musical in stage history. In London, the show had a five and a half year run of 2,281 performances with New York’s original cast members, Rex Harrison, Julie Andrews and Stanley Holloway.

With My Fair Lady, the lyricist Alan Jay Lerner considered that he had found something that was his ‘own particular vernacular’. The first song “Why Can’t the English” illustrates both that and, indeed, the personality of Henry Higgins, his devotion to the English language and his frustration at its abuse:

“It is the greatest possession we have. The noblest thoughts that ever flowed in the hearts of man are contained within its extraordinary, imaginative and musical mixtures of sounds.”

But after Higgins meets Eliza he goes on a journey in his own life. The “confirmed old bachelor” becomes, in his own way, emotionally involved with the challenge of Miss Eliza Doolittle: “What can possibly matter more than to take a human being and change her into a different human being by creating a new speech for her. She matters very much.”

By changing Eliza, Higgins himself changes from a man totally at ease with his own persona and lifestyle unaffected in any material way by women, to a man who questions his ‘singularity’.

The journey taken by Eliza Doolittle in the piece is more apparent but also raises several issues. In Shaw’s 1912 it was inconceivable that a Covent Garden flower girl could transcend the class divisions that stratify society, particularly in that era. As Higgins puts it, by teaching Eliza to speak properly he is “filling the deepest gulf that separates class from class and soul from soul.”

Eliza spans this gulf by taking up and meeting the challenge but then questions:

“What am I fit for ? ... Where am I to go ? What am I to do? What’s to become of me ?”

But, has Higgins taken Eliza out of the ‘comfort’ of her own environment to one where she is uncomfortable without his support ? In the last scene of My Fair Lady, have the hero and heroine recognised the nature of their respective problems and conquered them, or have they been conquered?

To go back to the root, the question may be whether Galatea ever liked Pygmalion!

Enjoy the wit and humour of George Bernard Shaw and with the music and lyrics of Alan Jay Lerner and Frederick Loewe one of the most internationally known and best‑loved scores.

Signed: “Professor Henry Higgins” (Alias Alex Derbie) August 2009

My Fair Lady was simply spectacular

CAST in order of appearanceEliza Doolittle Jacqueline Careswell Freddy Eynsford-Hill Nathan HughesMrs Eynsford-Hill Richelle WaldronColonel Pickering Barry MacdonaldHenry Higgins Alex DerbieJamie Jason FraserHarry James LewisAlfred P Doolittle Ben WindersBartender Hamish McGregorMrs Pearce Melissa CrennanButler Daniel MonteathMrs Hopkins Annie SherborneMrs Higgins Sally BryceLord Boxington Phillip ChurchillLady Boxington April FisherPoliceman Paul BremerFlower Girl Aisha WilliamsZoltan Karparthy Colin QuayQueen of Transylvania Anneke CampbellMajor Domo Gerard McSorileyMrs Higgins’ Maid Rachel Engel

Cockney Quartet James Lewis, Braydon Macdonald, Jason Fraser, Daniel Monteath

Higgins’ Servants Kate Crowther, Glenda Whyte, Alice McKinley, April Fisher, Annie Sherbourne, Daniel Monteath, Gerard McSoriley, Barrie Sheehy, Braydon Macdonald, Hamish McGregor

*other roles played by members of the Ensemble

Ensemble Julie Adam, Riki Baker, Katie Black, Clark Boswell, Melanie Bradley, Paul Bremer, Anneke Campbell, Phillip Churchill, Kate Crowther, Rachel Engel, April Fisher, Tully Frewen, Jade Gillies, Karl Herman, Amanda Hutchison, James Luck, Hamish McGregor, Alice McKinley, Anne McPheat, Gerard McSoriley, Daniel Monteath, Maryana Petrovskaya, Colin Quay, Bonnie Rowell, Barrie Sheehy, Annie Sherbourne, Bernadette Tamati, Lucia Vincent, Glenda Whyte, Aisha Williams and Grant Wishart

OrchestraConductor Luke Di Somma

Violins Estelle Rance Lucy Holthusen Stephanie Buzzard Tim Lindsay

Cello Wayne Perniskie

Reeds Gemma Buzzard Sarah Jones Hannah Sellars

Trumpets Grant Chalmers Katie Taylor

Trombone Ken Wellington

Keyboards Clare Lenihan

Bass Ian Sherborne

Drums Viv Treweek

Percussion Trinity Waddell

Rachel EngelMrs Higgins’ Maid

Braydon MacdonaldQuartet / Servant

Kate CrowtherHiggins’ Servant

April FisherLady Boxington / Servant

Paul BremerPoliceman

Aisha WilliamsFlower Girl

Daniel MonteathButler / Quartet

Annie SherborneMrs Hopkins

Phillip ChurchillLord Boxington

Jason FraserJamie / Quartet

James LewisHarry / Quartet

Hamish McGregorBartender / Servant

Richelle WaldronMrs Eynsford-Hill

Colin QuayZoltan Karparthy

Anneke CampbellQueen of Transylvania

Gerard McSorileyMajor Domo / Servant

Proudly supporting Invercargill Musical Theatre Rowena Jackson Retirement Village

40 O’Byrne Street North, Waikiwi, Phone 215 9988

Independent Townhouses Serviced ApartmentsResthome Hospital/Special Care

We are proud to offer the very best in Retirement living. Ours is truly a place where people look out for each other in

a friendly and welcoming community.

Proudly supporting Invercargill Musical Theatre Rowena Jackson Retirement Village

40 O’Byrne Street North, Waikiwi, Phone 215 9988

Independent Townhouses Serviced ApartmentsResthome Hospital/Special Care

We are proud to offer the very best in Retirement living. Ours is truly a place where people look out for each other in

a friendly and welcoming community.

Proudly supporting Invercargill Musical Theatre Rowena Jackson Retirement Village

40 O’Byrne Street North, Waikiwi, Phone 215 9988

Independent Townhouses Serviced ApartmentsResthome Hospital/Special Care

We are proud to offer the very best in Retirement living. Ours is truly a place where people look out for each other in

a friendly and welcoming community.

Proudly supporting Invercargill Musical Theatre Rowena Jackson Retirement Village

40 O’Byrne Street North, Waikiwi, Phone 215 9988

Independent Townhouses Serviced ApartmentsResthome Hospital/Special Care

We are proud to offer the very best in Retirement living. Ours is truly a place where people look out for each other in

a friendly and welcoming community.

■ Housing & Alterations■ Commercial & Farm Buildings

P : 03 214 1669M : 021 446 540F : 03 214 1667

E : office@cbcltd.co.nzW : www.cbcltd.co.nz

W : www.signaturehomes.co.nz

115 Clyde StreetPO Box 6161

Invercargill 9841

BUILD TO SUIT YOUR REQUIREMENTS

Proud to be supporting Invercargill Musical Theatre

myfairLady

Proudly supported by the Invercargill Licensing Trust and ILT Foundation

highlights at a glancen $10.77 million in grants returned

to our community – a record for our Trusts.

n Consolidated (Group) after-tax profit, before grants, was $11.66 million – down less than 1% on last year’s excellent result.

n Invercargill Licensing Trust (Parent) after-tax profit, before grants, was 2.3% down on last year’s performance.

n ILT Foundation profit, before grants, was up 4.3% on last year.

n Confirmed plans for four significant new development projects to be completed over the next two years – Ascot Park Hotel, new inner-city entertainment bar, rebuilds at the Northern and Southland Taverns.

n Successfully completed refur-bishment projects at Ascot Park Hotel, Kelvin Hotel and Home-stead Villa Motels.

n Invercargill Licensing Trust balance sheet remains very strong with a minimal level of term debt and sufficient reserves to meet future development plans.

review of your trustsfor the year ended 31 march 2009

overview

The 2008/2009 financial year has been another successful one for the Invercargill Licensing Trust and

ILT Foundation with a performance we can all be proud of.

A record level of grants was achieved with over $10.77 million being returned to our Invercargill community – the fourth successive year the $10 million dollar level has been exceeded.

Of equal importance, we continued to fund and help initiate major community projects that achieve our vision of helping Invercargill grow and develop into the best place to live, work and play.

The Group operating profit was ahead of our budget expectations and only marginally less than last year’s very good result.

We achieved our goal to complete planned redevelopment projects, ensuring our businesses continue to meet the expectations of our customers. We also advanced planning for four significant new development projects that will be completed over the next two year period.

On the back of this performance, we think the Trusts’ standing in the community is more solid than ever before. n

consolidated financial performance

The consolidated net after tax profit, before grants, is $11.66 million (last year, $11.75 million). This represents

a decrease of less than 1% on last year’s result.

The consolidated group consists of the Invercargill Licensing Trust, the ILT Foundation and the equity accounted value of the Invercargill Licensing Trust’s investment in DB South Island Brewery Ltd. The net after tax profit, before grants, of the Group are:

10.7in grants to your community

$

million

Invercargill Licensing Trust (Parent) $5,695,000 $5,830,000

Change in value of associate company ($297,000) ($91,000)

ILT Foundation $6,265,000 $6,007,000

Consolidated (Group) $11,663,000 $11,746,000

2009 2008

May Arts Festival, presented by Venture Southland

Lady

Alan Dennis, President and Greg Mulvey, General Manager

03

Executive Management Team - Front: Gary Muir, Terry Laidlaw and Greg Mulvey. Back: Greg McElhinney and Neil Affleck.

Our ViSiONFor Invercargill to

grow and develop into the best place to live,

work and play.

Our MiSSiONTo operate the best quality

hospitality businesses, making it possible for us to return

significant benefits to the people of Invercargill.

Fourth wing of accommodation under construction at Ascot Park Hotel

Invercargill Licensing Trust The after-tax net profit for the year, before

grants, is $5.70 million compared with last year of $5.83 million, representing a decline of 2.3%. To put this performance in perspective, last year’s result was a record for the Trust after adjusting earlier years profit for extraordinary items.

The pre-tax operating profit for the year at $7.1 million is 13% down on last year and was impacted by the deduction of impairment losses to property, plant and equipment and the unrealised devaluation of investments.

The underlying pre-tax operating profit, prior to the deduction of those items, was 2.6% behind last year’s result.

Given the onset of the economic recession, which was felt particularly in the second half of the year, we consider this to have been a very pleasing performance.

Major factors influencing this year’s result were:

Total sales revenues at $75.1 million were •up only 1% on last year and reflected the deteriorating trading environment.

Other trading income and finance income •was fractionally down.

Sales revenues in most of our major market •segments held or were just above last year’s revenue levels.

Industry related costs continued to rise •during the year and we were satisfied that operating expenses were able to be held to a 5% increase.

During the next 18 months we plan on •demolishing both the Southland and Northern Taverns and replacing them with new developments on the existing sites. In this year’s accounts, we have written-down the value of the existing taverns and recognised an impairment expense of $607,000 as an early write-down of their value. We have also expensed unrealised devaluation of investment assets to a value of $262,000.

Taxation expense was lower than the •previous year, not only because of reduced taxable income, but also because of beneficial changes in tax legislation relating to deductible charitable grants and reduced taxation rate.

The succession of solid profit performances in recent years has produced a very strong balance sheet, with minimal term indebtedness, total assets of $74.6 million and total equity increasing for the year by $2.7 million to produce total equity at balance date of $64.4 million.

The Trust has a healthy level of cash reserves available for future investment in its core business activities and will fund all planned developments without incurring any term debt. n

re-investment in our business

A key policy of our Trust is to continually analyse the ever-changing trends in

the hospitality industry and then develop businesses that meet the expectations of our customers. As well, we are continually re-investing in our existing businesses to ensure they are maintained at a high standard.

During the past year we have been active in following this policy with expenditure of $3.6 million, the highlights of which included:

Ascot Park Hotel•All bedrooms in the henderson Wing were refurbished as well as an upgrade of the interior pool area.

Kelvin Hotel•All remaining bedrooms on the third floor, together with all rooms on the second floor, were refurbished with all five levels of hotel rooms now fully refurbished. The hotel’s sixth floor conference room was also fully redeveloped and has received an excellent response from our customers.

Homestead Villa Motels•All 25 bedrooms of the original motel complex were refurbished early in the financial year which has positioned this 35-unit motel business as one of the very best of its type in the South Island.

Sugar Shack•In December 2008 this bar/nightclub was closed and plans drawn up to convert the building for use as an innovative educational centre for all Invercargill primary school children as part of the ILT and ILT Foundation’s educational projects. This work was completed early in the new financial year.

In addition to these major projects, areas of several other establishments were refurbished during the year.recently upgraded Whitty’s Bar, Avenal Homestead

04

Planning for New Development Projects•A significant amount of time and resource has been spent planning for major development projects over the next two years. This is an important component of our business strategy for the future. These are:

Ascot Park Hotel – plans were completed for the development of a fourth wing of accommodation that will include apartment-style facilities. This will add a further 20 units to the hotel’s stock to produce a total of 116 hotel/apartment/motel rooms. The project is expected to be completed by April 2010.

New inner city entertainment bar – planning for this new bar was completed and a contract let early in 2009. The development is in the former Deka building fronting Dee Street and is planned to open in October 2009.

Southland Tavern – plans were prepared for the complete demolition of the existing tavern and rebuilding a new tavern on the same site. It will be designed to better meet the expectations of our patrons of the future and it will include a dedicated restaurant area. It highlights our commitment to the future of South City. During the building phase we will provide a temporary tavern in the former Super Liquor store.

Northern Tavern – planning was well advanced for the probable complete demolition of the existing tavern and re-building a new facility on the same site. This business is a very important part of our future and much effort is being invested to ensure we ‘get it right’. We anticipate commencing demolition early in 2010.

During the next 18 months we will expend more than $10.5 million on these four projects. In a time of recession, that will provide a welcome level of investment in our community providing work for many local businesses and trades people.

In 2010 we hope to begin planning for a major development at our Waikiwi Tavern site. In addition we will continue to review opportunities for further accommodation in the city. We have announced our intention to build a new inner city hotel when we believe market demand would support that. We have acquired the necessary land in the CBD area for this major development project. n Enrich@iLT

Ann EustaceILT Foundation Manager

The ILT Foundation was established

by the Invercargill Licensing Trust to own all gaming machines located exclusively in ILT establishments and to return the profits from those machines to a wide variety of local community organ-isations. The machines are operated and man-aged by Licensing Trust staff.

W h i l e t h e I LT Foundation’s excellent performance in operating gaming machines is well known, and the proportion of profit returned to the community has been consistently higher than the rest of the industry in New Zealand, the Foundation is acutely aware of its associated social responsibilities. An organisation that has as its core the advancement of community and social goals is a very appropriate organisation to operate gaming facilities.

The ILT Foundation continuously works to-ward gambling harm minimisation for our com-munity. We take our social responsibilities very seriously by treating gaming as a sensitive product and we continue to manage it with care.

In addition to on-going staff training and adherence to our comprehensive gambling harm minimisation policy, the ILT Foundation has undertaken another initiative this year working alongside the local problem gambling service Nga Kete Matauranga Pounamu Charitable Trust. This one year pilot programme, fully funded by the Foundation, allows users the opportunity to have themselves excluded from using gaming machines at all 23 gaming venues in the Invercargill and Bluff areas – previously we had implemented our own multi-venue exclusion programme across our 11 gaming venues.

This is in addition to the recent heLP cards the ILT Foundation had printed and placed at all our gaming venues to promote and provide easy access contact details for support services relating to gambling.

For the year ending 31 March 2009, the ILT Foundation achieved an operating profit (before grants) of $6.2 million compared with last year’s result of $6 million, representing an increase of 4.3%.

Total grants allocated by the ILT Foundation were $7.71 million which is a record amount and compares with last year’s grants of $7.06 million. In addition, $2.5 million was paid in gaming duty and $212,000 for the problem gambling levy.

All Licensing Trust Board Members are represented on the ILT Foundation as well as the Trust’s Solicitor, Chris Ward, and retired ILT President, Ray harper. n

at one with the community

The Invercargill Licensing Trust belongs to the people of Invercargill and it follows,

therefore, that the Trust’s main focus is a total commitment to our community. The concept of community ownership is both the Trust’s uniqueness and its reason for being.

While it would be tempting to measure the Trust purely on the level of grants it returns every year to the community, our role is significantly different and far deeper than that. The Trust has a proud record of funding innovative ways to take the lead in creating important community projects that really make a difference to our city as a great place to live, work and play. Those efforts continued during the year as explained in the following notes.

In addition, the Trust is a major contributor to our local economy. A recent study by BeRL economics on the economic Impact of Licensing Trusts in their communities, highlights the benefit made by our Trust to our community. For example, it shows the Trust’s grants and general business activities sustained 1,173 jobs (or 5.15% of local employment) and produced $78 million in GDP (value added).

Alan DennisPresident

Colin WinterQSM JP

Neil BonifaceJP

Neville Cook Mark WinterSuzanne PrenticeOBEDeputy President

Invercargill Licensing Trust & ILT Foundation Board

Ray Harper QSM QSO(ILT Foundation Board only)

Chris Ward(ILT Foundation Board only)

05

GRANTS – COMMUNITY SUPPORTThis year a record level of grants was

achieved with $10.77 million returned to nearly 400 local organisations. These grants, of which the Invercargill Licensing Trust contributed $3.06 million and the ILT Foundation $7.71 million have touched every aspect of Invercargill life and every age group.

We believe we make a difference and are proud of it.

In recent years our Trusts have made education a key priority. We have invested millions of dollars to provide educational opportunities, facilities, support and skills so that one day our young people can contribute to the future growth, well-being and vitality of the city. A snapshot of some of the community projects undertaken during the past year with our assistance were:

Education

Enrich@iLTThe Invercargill Licensing Trust and the

ILT Foundation fully funded the establishment of an excellence and innovation centre for all Invercargill primary school children. This centre has a dual function of teaching specially-selected gifted and talented children, as well as hosting classes from all Invercargill primary schools so pupils can experience the most up-to-date ICT technology and equipment.

interactive WhiteboardsAll Invercargill schools continue to benefit

from our Trusts’ Interactive Whiteboard Project with a further $1.2 million invested during the year.

Specialised Educational ProgrammesThe Trusts funded an education Conference,

a new pilot Southland District health Board programme at Aurora College to encourage pupils towards a career in the health sector, specialised programmes including Invercargill Kiwi Can, the YMCA’s Get an edge, Raise up and Represent programmes, DARe, Dreamweaver and Southland Life education programmes.

Tertiary Education ScholarshipsThe Invercargill Licensing Trust funded 170

tertiary education scholarships to Invercargill-based secondary school students at $2,000 a year for a three year period. We also funded adult scholarships for those seeking to retrain.

Sport infrastructureSoccer Southland received major funding

to develop an artificial, all-weather playing surface at Turnbull Thompson Park. Our Trusts provided $990,000 (ILT Foundation $750,000 and Invercargill Licensing Trust $240,000) to ensure the project’s success.

The $2 million the Trusts granted to develop international-sized, hockey water turfs has proved to be a successful investment with the city set to host one of three international World Cup Qualifier tournaments this year.

The Arts And TheatreOur Trusts provided grants to the Invercargill

Repertory Society and the Invercargill Musical Theatre which made it possible to stage their annual productions as well as upgrade their facilities.

A further example of our support for this sector was funding provided to the Southland Art Society to run a more expansive art awards – a feature that will continue in future years.

Community EventsProviding major funding for community

events is a key way we can provide affordable family entertainment. The Southland Santa Parade and the Invercargill Truck Show and Parade were enjoyed by thousands of Invercargill people as were the Dance Your Southern Sox Off, the ILT Kidzone Festival and the Burt Munro Challenge.

Sport And recreationWhile the Invercargill Licensing Trust’s

support of the Ascot Park hotel Southern Steel netball team and the Stags First Division NPC team are well known, the backing we give to sport at all levels should not be overshadowed by these premier sides. Our Trusts pour millions of dollars into the promotion, administration and coaching of sports and recreation at all levels for all age groups so we can promote a healthy community.

Community ProjectsThe Trusts provided $200,000 in funding

for the first year of the Southland Warm homes Project. In addition, the Invercargill city libraries were assisted with funding for housebound services, children’s sessions and readers and writers programmes. The Southland hospital children’s ward now has a sunshade sail to cover the outdoor play area thanks to a grant from the Trusts to the Child Cancer Foundation.

Senior CitizensSince the early 1990’s, the Invercargill

Licensing Trust has hosted Christmas dinner functions at Ascot Park hotel for about 900 Invercargill senior citizens. This is one way we can recognise the value of these people, many of whom have supported the Trust since it was first established in 1944.

We also provided $500,000 (Invercargill Licensing Trust $150,000 and ILT Foundation $350,000) to assist with the addition of 12 new hospital rooms at Calvary hospital.

A further example of our commitment to our elderly was the $92,000 our Trusts provided to Age Concern to assist with a major upgrade of its centre.

Learn To Swim ClassesThe Trusts again helped fund the Learn to

Swim classes to ensure all Invercargill school children aged 5 to 12 years received free swimming lessons. This is the only example of this type of initiative we know of in New Zealand.

The Invercargill Licensing Trust and ILT Foundation will continue to contribute to our community to ensure the city strives for the best for those who live here. n

to the futureAT the time of writing this report, an issues

paper on the reform of New Zealand’s liquor laws was released. Based on earlier Government decisions, this will be the platform

from which New Zealand’s liquor laws will be comprehensively reviewed. Our Trust antici-pates taking an active part in the submission process to ensure its views are understood.

We noted in last year’s report there has been a perceptible shift in people’s attitude towards the harmful effects of both alcohol and gaming. We believe that a licensing trust, which is owned and operated by the community and answers directly back to the community, is in an excellent position to further set high standards in the manner in which it handles alcohol and gaming to minimise the harmful effects. We will continue to further develop our approach to handling these sensitive products.

The full impact of the economic recession will be felt in the new financial year and we expect its effects to continue for the next 12 months. This will impact on our trading establishments, including a much lower level of conference and special event activity at our hotels and also on the returns we receive from our investments.

The Invercargill Licensing Trust’s net after-tax profit could be down in the range of 20% to 25% and the ILT Foundation down approximately 10%. Notwithstanding this, if there are sufficient community projects requiring our funding, we still have the capacity to allocate grants at the $10 million level.

We look forward to the exciting challenge of undertaking the four new development projects as well as advancing planning for further projects over the next few years to ensure we meet our business strategy of continual innovation in order to meet the ever-changing expectations of our customers.

Licensing Trust profits will always look attractive to those looking for personal gain. Therefore, we must remain aware of possible challenges to our very existence and it will be vital for your Trust to retain its trading rights if it is to maintain its enormous and on-going contribution to the community. As long as the Trust continues to meet or exceed the expectations of its community, it is likely to retain its solid support. As we have reported before, our determination is, that if we continue to serve our community to our best levels, then not only can the Trust continue to play a significant part in the future of Invercargill, but we can help take the city to a whole new level.

BoardThe Board of the Invercargill Licensing Trust

comprises: Alan Dennis (President), Suzanne Prentice (Vice-President), Neil Boniface, Colin Winter, Neville Cook, and Mark Winter. There have been no changes to the Board since the triennial elections held in October 2007.

The Trustees of the ILT Foundation are: Alan Dennis (Chairman), Suzanne Prentice, Neil Boniface, Colin Winter, Neville Cook, Mark Winter, Ray harper and Chris Ward.

AppreciationDuring this report we have made reference

to challenges that lie ahead, the objectives that we have set ourselves and the absolute need to deliver to the expectations of the community. Achieving these objectives would not be possible without the unconditional commitment of our Board, Management and Staff. Therefore, we wish to record our sincere appreciation for the dedication and on-going contribution that they make to our Trusts.

Alan Dennis – PReSIDeNT

Greg Mulvey – GeNeRAL MANAGeR

Playground equipment at Windsor North School

06

A key policy for us is to develop

businesses that meet the ever-changing expectations

of our customers

Homestead Villa Motel

07

summary financial statementsfor the year ended 31 march 2009

Cash Flow from Operating Activities 7,147,935 4,276,875 5,787,759 5,727,465 Cash Flow from Investing Activities (17,153,889) (350,036) (13,983,444) 282,305 Cash Flow from Financing Activities (25,882) 318,450 (25,882) 318,450 Net Increase (Decrease) in Cash held (10,031,836) 4,245,289 (8,221,567) 6,328,220

Add Opening Cash Brought Forward 25,278,401 21,033,112 19,114,029 12,785,809

Ending Cash Carried Forward 15,246,565 25,278,401 10,892,462 19,114,029

Group

cash flows for the year ended 31 march

Parent

equity at start of Year 72,938,012 71,388,696 61,734,621 59,040,466 Net Profit for the Year 895,246 1,549,316 2,638,947 2,694,155

Equity At End Of Year 73,833,258 72,938,012 64,373,568 61,734,621

Group

movements in equity for the year ended 31 march

Parent

Current Assets 34,381,755 36,375,133 27,248,402 29,863,271 Non Current Assets 52,651,800 48,012,663 47,410,983 42,736,974 Total Assets 87,033,555 84,387,796 74,659,385 72,600,245

Current Liabilities 11,735,031 9,897,801 8,820,551 9,313,641 Non Current Liabilities 1,465,266 1,551,983 1,465,266 1,551,983 Total Liabilities 13,200,297 11,449,784 10,285,817 10,865,624

Net Assets 73,833,258 72,938,012 64,373,568 61,734,621

Group

balance sheets as at 31 march

Parent

Operating Revenue 86,503,943 85,224,479 76,788,996 76,178,062 Net Finance Revenue 2,419,389 3,042,636 2,173,243 2,475,477 Less Operating expenses 75,888,244 74,205,149 71,894,805 70,507,085

Operating Profit before Taxation 13,035,088 14,061,966 7,067,434 8,146,454

Less Taxation 1,372,133 2,316,419 1,372,133 2,316,419

Operating Profit after Taxation 11,662,955 11,745,547 5,695,301 5,830,035

Less Grants 10,767,709 10,196,231 3,056,354 3,135,880

Net Profit for the Year 895,246 1,549,316 2,638,947 2,694,155

Group

income statements for the year ended 31 march

2009 2008 2009 2008 $ $ $ $

Parent

audit report

We have audited the attached summary financial statements.

unqualified OpinionIn our opinion:• the summary financial statements

represents, fairly and consistently, the information regarding the major matters dealt with in the annual report, and

• theinformationreportedinthesummaryfinancial statements complies with FRS-43: Summary Financial Statements and is consistent with the full financial statements from which it is derived.

We expressed an unqualified audit opinion, in our report dated 21 August 2009 on the full financial statements.

Basis of OpinionThe audit was conducted in accordance with the Auditor-General’s Auditing Standards, which include the New Zealand Auditing Standards. Other than in our capacity as auditor, we have no relationship with or interests in the Trust.

responsibilities of the Trustees and the AuditorThe Trustees are responsible for preparing the summary financial statements and we are responsible for expressing an opinion on those statements.

K J Boddy, Audit New ZealandOn behalf of the Auditor-GeneralChristchurch, New Zealand21 August 2009

To the readers of Invercargill Licensing

Trust’s Summary Financial Statements for the year ended 31 March 2009.

This is a summary of the Financial Statements included in the Trust’s Annual Report for the year ended 31 March 2009. This summary has been prepared in accordance with FRS 43 - Summary Financial Statements. It has been authorised for issue by G J Mulvey, General Manager on 21 August 2009. An unqualified audit report was issued on the full Financial Statements. The summary financial statements cannot be expected to provide as complete an understanding of the financial performance, financial position and cash flows of the Group as the full Annual Report. A copy of the full Annual Report dated 16 July 2009 is available from the head Office of the Invercargill Licensing Trust, 252 Dee Street, Invercargill.

2009 2008 2009 2008 $ $ $ $

2009 2008 2009 2008 $ $ $ $

2009 2008 2009 2008 $ $ $ $

08

how each dollar of the Invercargill Licensing Trust (parent) income is distributed

how each dollar of the ILT Foundation income is distributed

reporting disclosures Capital Commitments The Invercargill Licensing Trust (Parent) had six projects in progress at 31 March 2009, which involved a future capital commitment of $7,210,000 (2008: six projects involving $1,418,000)

Non-Capital Commitments As at 31 March 2009 there were no non-capital or grant commitments (2008: nil) Contingent Liabilities and Assets The Invercargill Licensing Trust (Parent) had in place a fidelity guarantee for $55,000 as at 31 March 2009 (2008: A $250,000 loan guarantee and $55,000 fidelity guarantee) related Parties The Invercargill Licensing Trust (Parent) has provided gaming machine rental, administration and other services to the ILT Foundation valued at $1,403,887 for the year (2008: $1,376,872) The Group’s Trustees are members of various Invercargill organisations who have had dealings with the Group. This has involved investment of funds as at 31 March 2009 of $13.46m (2008: $15.1m) and monetary grants totalling $1,164,485 (2008: $1,400,926)

total community grants

revenue over the last 5 years operating profit over the last 5 years (before deducting Taxation and Grants)

80,000,000

70,000,000

60,000,000

50,000,000

40,000,000

30,000,000

20,000,000

10,000,000

0

2005 2006 2007 2008 2009

ILT FoundationInvercargill Licensing Trust

10,000,000

9,000,000

8,000,000

7,000,000

6,000,000

5,000,000

4,000,000

3,000,000

2,000,000

1,000,000

0

12,000,000

10,000,000

8,000,000

6,000,000

4,000,000

2,000,000

0

Tertiary ScholarshipsWhiteboards for SchoolsMRI ScannerLearners PoolCivic Theatre RedevelopmentFirst Aid Kits for homesCalvary hospitalTeaching CentreSouthland Footballequestrian CentreWaihopai Tennishockey TurfStadium SouthlandGeneral Grants

Sundry Operatingexpenses

11%

Staffing Costs21%

Depreciation4%

IncomeTax2%

Profit available after Tax

7%

Cost of Goods for Sale55%

Profit available for Grants51.5%

Administration Costs 1%

Operating expenses19%

Depreciation 6%Gaming Machine Duty

22.5%

09

2005 2006 2007 2008 2009

ILT FoundationInvercargill Licensing Trust

2005 2006 2007 2008 2009

$10.7 million

10

total $3,056,354

InvercargillLicensing Trust

Age Concern Southland 25,000Amigos Touch Team 960Amputee Society of Otago & Southland 1,000Appleby Cricket Club 4,000Appleby Pool Club 1,600Appleby Patrons Club 1,500Ascot Park Hotel Marathon Committee 1,000Ascot Sports Club 500Athletics Southland 15,500Aurora College 1,000Badminton Southland 15,000Balance Farms Environment Awards 500Big Willy Rustlers 8 Ball Club 1,000Blue Jay Marching Club 4,500Bowls Southland 10,000Brigadiers Netball Club 1,500Calvary Hospital Southland Foundation 150,000Canteen-NZ Teenager Cancer Patients Society 4,000Careers Expo 5,000Catholic Social Services 500CCS Disability Action Southland 4,200Chamber Music 12,000Child Cancer - Sunshade at Southland Hospital 10,000Citizens Advice Bureau 6,000City of Invercargill Rugby League Club 500City of Invercargill Axemen 2,000Clifton Hunting & Fishing Club 500Collegiate Rugby Club 3,000Combined Probus Club of Invercargill 2,000CPS - Child Protection Studies 2,000Cycling Southland 36,000Dan Davin Literary Foundation 6,000Dance Southland 500DARE 18,000Dodgers Softball Club 1,500Eastern Suburbs Dart Club 800Eastern Suburbs Rugby Club 27,000Environment Southland 2,000Eventing Southland 19,000Fagasa Incorporated 2,000Family Trust South 500Fight for Kidz 12,000Foveaux Harmony Chorus 2,000Foveaux Masters Swimming Club 500Georgetown Bowling Club 500Glen 560 All Sports Club 2,000Glen Country Music Club 1,500Glengarry Patrons Society 2,500Golf Southland 24,000Greenacres Country Club 3,200Habitat For Humanity 1,500Halberg Trust 4,000HANZ Southland 2,500Head Injury Society of Southland 15,000Hearing Association 10,500Hockey Southland 18,000Hokonui Beamers & Specialties Club 500Hospice Southland Charitable Trust 3,000House of the Year Awards 2,000IDEA Services 3,000ILT Kidzone Festival 2009 42,680Institute of Registered Music Teachers NZ - Southland 2,500Invercargill Schools Sing Out 12,000Invercargill Bowling Club 700Invercargill Central Lions 400Invercargill City Council - Flood Tabloid 2,500Invercargill City Council - Learn to Swim Classes 52,500Invercargill City Libraries 7,500Invercargill Garrison Band 20,000Invercargill Harness Racing Club 4,500Invercargill Irish Society 500Invercargill Musical Theatre Company 35,000Invercargill Old Boys Cricket Club 3,500Invercargill Rugby Football Club 11,000

Invercargill Schools-Whiteboards Project 118,000Invercargill Smallbore Rifle Association 4,500Invercargill South Rotary Club 3,000Invercargill Summer Festival Committee 10,000Invercargill Sunrise Rotary Club 3,500Invercargill Truck Show & Parade 5,000Invercargill Victim Support Group 3,800Invercargill Working Mens Club 3,000James Hargest College 7,100Kew Bowling Club 600Koru Care Southland Charitable Trust 9,500Make A Wish Foundation 3,000Marist Brothers Old Boys Rugby Football Club 17,000Marist Cricket Club 3,000ME Information and Support Services 4,000Meals on Wheels 2,555Methodist Mission Aotearoa 1,500Mission Shop Group 2,000Murihiku Swimming Club 1,500National Council of Women 1,000Netball Southland 250,000New Years Eve Charity Street Party 4,300New Zealand Reading Association 8,000Newfield Tavern Dart Club 1,000Non Drink Drive Campaign 3,875Northern Noggers Fishing Club 1,500Northern Noggers Golf Team 500NZ Choral Federation 345NZ Deer Farmers Association - Southland Branch 1,500NZ Institute of Management 7,000NZ Leadership Institute 500NZ Police SI Bowls Tournament - Invercargill 3,000NZ Society of Diversional Therapists 2,000Old Boys Association Football Club 5,000Onslow Indoor Bowling Club 500Order of St John - First Aid Course 1000 students 18,443Order of St John - Invercargill Area - New Garage 15,000Oreti Park Speedway 1998 2,500Outward Bound Scholarships - 2008 57,321Panache Choir 5,000Perioperative Nurses 2,500Phoenix Synchro Southland 15,000Piping & Dancing Association of NZ 5,000Pirates Rugby Football Club 3,000Power Raiders Touch Teams 500Queens Park Association Football Club 2,500Queens Park Golf Club 8,500Rape and Abuse Support Centre 9,000Rata Netball Club 4,000Rotary Club of Invercargill East 600Royal Academy of Music - Grant Sinclair 800Royal NZ Plunket Society - Invercargill Branch 500Rugby Southland 5,925Rugby Southland Supporters Club 5002nd NZEF Club 800Save the Children Fund 3,500SBS Golf Invitational 1,800Senior Citizens Christmas Dinner 24,307Smac Maths Association 1,000Soroptimist International of Invercargill 1,500South Island Dairy Conference 1,000Southend United Soccer Club 1,500Southern Group Training Trust 1,000Southern Institute of Technology 7,000Southern Jackpot Netball Team 500Southern Pastel Artists 2,000Southern Storytellers 2,700Southland Amateur Harness Racing 3,000Southland Art Society 6,500Southland Basketball Association 25,500Southland Beneficiaries and Community Rights 20,000Southland Bowling Club 850Southland Boxing Association 7,000Southland Boys Brigade 500Southland Boys High School 7,500

Southland Cage Bird Club 3,000Southland Childrens Athletic Committee 2,500Southland Competitions Society 5,500Southland Cricket Association 41,500Southland Dairy Industry Awards 1,000Southland District Health Board - Conference 1,500Southland District Health Board - Incubator Programme 20,000Southland District Rugby Football League 6,000Southland Down Syndrome Support Group 3,000Southland Eagles Golfing Society 500Southland Football Incorporated 25,000Southland Girls High School 21,000Southland Indoor Leisure Centre Charitable Trust 150,000Southland Justices of the Peace 500Southland Multiple Sclerosis Society 4,440Southland Olympic Weightlifting 500Southland Outdoor Stadium Trust - Rugby Park 550,000Southland Playcentre Association 20,000Southland Primary Schools Sports Association 2,500Southland Psoriasis Association 400Southland Rowing Association 3,200Southland Rural Heritage Trust 350Southland Santa Parade Charitable Trust 1,500Southland Science & Technology Fair 5,000Southland Secondary School Cultural Scholarship 4,500Southland Secondary Schools Sports 29,500Southland Shearing & Woolhandling 500Southland Softball Association 11,000Southland Tavern Pool Club 2,500Southland Tennis Association 22,500Southland Travel Club 1,000Southland Triathlon & Multisport Club 5,000Southland Warm Homes Trust 100,000Southland Water Polo 3,000Special Olympics 2,000Speech Communication Association 600SPELD Southland 2,500Sport Southland 24,000Squash City 1,000Squash Southland 20,000St Marys Netball Club 5,000St Pauls Harrier & Athletic Club 2,400Stadium Southland Ltd 14,000Star Rugby Football Club 2,000Swim Southland 20,000Table Tennis Southland - Scholarships 5,000Te Rangi Bowling Club 1,200Tertiary Education Scholarships 357,321Touch Southland 19,000Verdon College 6,500Volleyball Southland 5,000Waihopai Womens Bowling Club 3,500Waikiwi Bowling Club 1,100Waikiwi Highland Piping and Dancing Society 2,000Waikiwi Rugby Club 12,000Waverley Bowling Club 1,840Waverley Park School 3,500Windsor Community Church 25,000Windsor North School 12,792World Draught Championships - Jan Mortimer 2,000Youthline Invercargill 2,930Youthmark 9,000 Grants under $300 14,113Grants Refunded - Not Required (40,995)

in grants to our community

combined total grants $10,767,709

11

Age Concern Southland 67,310All Saints Church 1,333Alzheimers Society Southland 15,000Anderson Park Art Gallery 5,000Aqua Health 2,250Ascot Longtrack Motorsport Club 3,500Athletics Southland 55,848Athletics Southland - 15 Scholarships 18,952Badminton Southland 75,000Badminton Southland - 2 Scholarships 2,950Banardos Southland 15,000Blue Light Invercargill Branch 14,000Blues Indoor Bowling Club 400Bluff Maritime Museum Trust Board 5,000Bluff Oyster & Food Festival 10,000Bluff Rugby Club 2,000Bluff Yacht Club 500Bowls Southland 59,300Calvary Hospital Southland Foundation 350,000CCS Disability Action Southland 25,000City of Invercargill Axemen 2,000City of Invercargill Rugby League Club 1,500City Sports Machinery Pool 12,000Clarendon Kindergarten 1,779Collegiate Rugby Club 9,700Collegiate Swimming Club 989Cooks Rugby League Club 1,800Cornerstone New Life Church 15,000Cycling Southland 170,675Cycling Southland - 11 Scholarships 19,900Dance Southland 20,000Deep South Debonaires 350Demons Softball Club 2,680Diabetes Southland 7,000Disabilities Resource Centre 12,500Dodgers Softball Club 6,000Elston Lea Kindergarten 1,957Epilepsy Association of NZ - Southland Branch 14,000Eventing Southland 10,000Foveaux Harmony Chorus Incorporated 3,000Freedom Community Centre - Glengarry 8,000Georgetown Bowling Club 3,000Georgetown Indoor Bowls Club 2,160Glengarry Kindergarten 871Golf Southland 24,000Gorge Road Clay Target Club 3,000Grasmere Presbyterian Church Indoor Bowls 500Greenacres Country Club 26,000Habitat For Humanity 10,000Harvestfield Christian Centre 20,000He Tauaa Rugby League 4,000HETTANZ Southland 600Hockey Southland 50,000Hockey Southland - Oceania World Cup Qualifiers 110,000Hospice Southland Charitable Trust 35,000Invercargill Budget Advisory Service 1,200Invercargill Citizens Bowling Club 3,000Invercargill City Council - Childrens’ Day 1,000Invercargill City Council - Community programmes 6,000Invercargill City Council - Defibrillator & training courses 3,960Invercargill City Council - Lighting around Replica Fishing Cutter 10,000Invercargill City Council - Schools’ swimming programme 52,500Invercargill City Libraries 4,500Invercargill Community Patrol Charitable Trust 11,500Invercargill Contract Bridge Club 1,000Invercargill Croquet Club 2,225Invercargill Environment Centre 1,500Invercargill Garrison Band - 6 Scholarships 13,250Invercargill Garrison Band 2008 50,000Invercargill Garrison Band 2009 50,000Invercargill Golf Club 42,000Invercargill Harness Racing Club 18,000Invercargill Indoor Bowls Sub Centre 2,000Invercargill Irish Society 4,700Invercargill Kiwi Can Charitable Trust 25,000Invercargill Middle School 2,500Invercargill Netball Centre 1,760Invercargill Okinawan Gosu-Ryu Karate Club 10,000Invercargill Poultry & Pigeon Club 500Invercargill Primary Schools Educational Initiatives Trust 416,000Invercargill Repertory Society 37,500Invercargill Rugby Football Club 6,000Invercargill Schools-Whiteboards Project 1,082,220Invercargill Suzuki Violin Studio 3,500Invercargill Toy & Puzzle Library 1,720

Invercargill Womens Refuge 6,000Invercargill Working Mens Club 7,200James Hargest College 3,951Jubilee Budget Advisory Service Ltd 15,000Kew Bowling Club 4,000La Leche League 1,035Lees Street Kindergarten 7,500Lindisfarne Kindergarten 15,000Misty River Country & Variety Music Club 1,200Myross Bush Netball Club 3,000Myross Bush Rugby Club 1,000Myross Bush School 3,500National Heart Foundation 5,500Netball Southland 215,000New Zealand Opera Ltd 5,000Nga Hau E Wha Society 3,960North Invercargill Indoor Bowls Club 1,215NZ Society of Geneologists - Southland Branch 1,200Old Boys’ Association Football Club 8,000Orca Swimming Club 4,500Order of St John - Invercargill Area 46,887Oreti Park Speedway 1998 120,000Oreti Surf Life Saving 2,460Otago/Southland Chinese Association 250Otatara Community Church 25,000Otatara Indoor Bowling Club 400Otatara Kindergarten 7,500Otatara Landcare Group 844Otatara Netball Club 3,500PACIFICA Ingill Branch Womens Council 1,000Panthers Softball Club 6,000Parent to Parent 9,725Phoenix Synchro (Southland) 35,000Phoenix Synchro (Southland) - 5 Scholarships 3,500Piping & Dancing Association of NZ 5,000Proactive Drive Youth Driver Education Trust 3,000Probus Club Invercargill Central 400Queens Park Association Football Club 4,000Queens Park Ladies Golf Club 750Rape and Abuse Support Centre 2,500Rata Netball Club 4,000Riverton Coastguard 1,800Rosebank Archery Club - 2 Scholarships 5,000Rosedale Kilties Marching Team 4,000Royal NZ Plunket Society - Invercargill Branch 15,300Rugby Southland 2008 200,000Rugby Southland 2009 550,000Rural Women NZ 500Sacred Heart School 1,800SBS Golf Invitational 1,500Senior Net (South) 3,000Shakespeare in the Park Charitable Trust 7,000Southern Flyers Invercargill H3 2,000Southern Men Ministry 4,000Southern Models & Modelers Club 800Southern Railway & Modellers Club 600Southern Rural Fire District 5,000Southern Sou’NZ Barbershop Chapter 14,000Southern Womens Hockey Club 1,200Southland A & P Association 8,000Southland ACC Advocacy Trust 5,000Southland Art Foundation 2,500Southland Art Society 15,000Southland Asthma Society 20,000Southland Astronomical Society 2,247Southland Basketball Association 55,500Southland Basketball Association - 2 Scholarships 2,400Southland Battalion Boys Brigade 25,000Southland BMX Club 800Southland Boxing Association 13,000Southland Boys’ High School - 1 Scholarship 2,500Southland Community & Equestrian Event Centre Charitable Trust 750,000Southland Community House Charitable Trust 7,883Southland Community Wastebuster Trust 20,000Southland Cot Death Society 7,000Southland Cricket Association 128,500Southland Darts Association 3,000Southland District Health Board 40,000Southland District Rugby Football League 40,000Southland Electrical Trades Golf Tournament 300Southland Embroiderers Guild 300Southland Enterprises Inc 11,569Southland Fire Service Museum Society 5,000Southland Foodbank Charitable Trust 18,000Southland Football Incorporated - New Playing Surface 750,000Southland Football Incorporated 75,000Southland Ford Falcon Club 3,500Southland Foster Care Association 3,500Southland Girls’ High School - 1 Scholarship 500Southland Golf Club 32,400Southland Guild of Spinners Weavers & Dyers 2,000

Southland Holden Enthusiasts Club 2,000Southland Indoor Bowls Centre 26,200Southland Indoor Bowls Umpires Association 500Southland Kennel Association 10,000Southland Life Education Community Trust 5,000Southland Marathon Committee 10,000Southland Mature Employment Charitable Trust 5,000Southland Mens’ Netball Team 1,500Southland Motorcycle Club 22,000Southland Mountain Bike Club 6,000Southland Multi Nations Council 8,000Southland Multiple Sclerosis Society 17,500Southland Natural History Field Club 828Southland Otago Axemens Association 2,898Southland Otago Weightlifting Association 10,000Southland Piping & Drumming Development Trust 35,000Southland Pony Club 10,500Southland Power Boat Club 15,000Southland Primary Schools Cricket Team 2,000Southland Racing Club 10,000Southland Rodeo Association 5,000Southland Rowing Association 11,000Southland Rowing Association Inc - 7 Scholarships 18,900Southland Rural Heritage Trust 11,287Southland Santa Parade Charitable Trust 12,000Southland Schools Gymnastic Festival 750Southland Social Studies Fair 3,200Southland Society of Model Engineers 2,000Southland Softball Association 30,000Southland Softball Association - 2 Scholarships 3,600Southland Sports Car Club 20,000Southland Stock Car Drivers Association 30,000Southland Stroke Club 11,000Southland Ten Pin Bowling Association 1,250Southland Tennis Association 80,760Southland Triathlon & Multisport Club 2,500Southland Warms Homes Trust 100,000Southland Water Polo 18,500Southland Water Ski & Runabout Club 1,000Southland Workers Educational Association 16,000Special Olympics 15,000SPELD Southland 2,000Spirit of Southland 6,000Sport Southland 46,340Squash City 500Squash Southland 55,000Squash Southland - 2 Scholarships 4,000St Andrews Indoor Bowling Club 500St Josephs School 500Stadium Southland Ltd 37,554Star Rugby Football Club 27,000Star Rugby Social Cricket 250Swim Southland 80,000Swim Southland - 2 Scholarships 2,400Table Tennis Southland Association - 1 Scholarship 2,500Table Tennis Southland Association 22,000The Cottage Kindergarten 4,475Thistle AFC 1,700Timeout Carers Southland Trust 1,325Tisbury Primary School 30,000TOA Fighting Systems Southland 3,500Touch Southland 83,000Touch Southland - 3 Scholarships 3,500Tour of Southland 20,000Venture Southland 40,500Verdon College 15,000Volleyball Southland 36,118Waihopai Association Football Club 5,800Waihopai Bowling Club 3,960Waihopai Playcentre 6,000Waikiwi Kindergarten 15,000Waikiwi Rugby Club 15,000Waimatuku Highland Pipe Band 1,500Waverley Croquet Club 600Windsor North School 12,792Worldskills Southland - 1 Scholarship 2,500YMCA Charitable Trust Southland 40,000 Grants Refunded - Not Required (176,846)

total $7,711,355

Invercargill Licensing Trust

PO Box 208, Invercargill 9840, New Zealand Phone 03 211 3640 Fax 03 214 4418 email ilt@ilt.co.nz

www.ilt.co.nz

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