2012 Annual report

2012Annual Report

Glenelg Golf Club IncorporatedABN 94 199 789 857

Our Mission To provide members with a quality golf course and facilities, a friendly environment and the opportunity to enjoy their golf.

Our Vision To be recognised by members and the golfing community as providing the best overall package of golf course, service and facilities in South Australia and ranked among the best in Australia

Our GoalsTo ensure the Club’s financial strength to meet its short, medium and long term goals without calls on members

To develop an environmentally sustainable golf course distinguished from other championship courses by unique characteristics and recognised as among the best in Australia

To provide outstanding value and service to members and guests

To foster a sense of belonging and pride amongst members and improve the profile and reputation of the Club

To promote the enjoyment of golf and the enhancement of skill through a competition program which meets the needs and expectations of members of all skill levels and interests

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CAPTAIN Mr Anthony Martin

VICE CAPTAIN Mr Gavan Fox

PRESIDENT Mr Geoff Gitsham

VICE PRESIDENTS Mrs Helen McMutrie

Mr John Rawson

COMMITTEE OF MANAGEMENT Mr Paul Duregon

Mr Brett Jarrad

Mr Sam Koukourou

Mrs Kay Nyland

Mr Gerry O’Brien

Mr Bevan Roberts

GENERAL MANAGER Mr David Brand

Office Bearers

Committee AttendanceJim Johnson (term completed 28th March 2012)* 3

Anthony Martin 10

Gavan Fox 11

Paul Duregon 11

Brett Jarrad 10

Sam Koukourou (re-elected 28th March 2012) 11

Kay Nyland 12

Gerry O’Brien 8

Bevan Roberts (elected 28th March 2012) 7

* The outgoing Captain is permitted to attend Committee of Management meetings in an ex-officio capacity, for a period of 12 months.


Category Male Female 2012 2011 2010 2009 2008 2007

Life 2 3 5 5 5 3 3 3

Full 550 59 609 639 725 713 676 663

Full Paid 34 0 34 34 35 35 35 35

Company 47 6 53 52 53 53 55 55

Provisional 123 54 177 208 201 272 326 315

Intermediate 40 5 45 50 53 41 42 49

Six Day 45 28 73 54 0 0 0 0

Weekday 101 62 163 158 156 140 63 70

Veteran 8 2 10 8 4 4 6 5

Junior 21 5 26 46 63 44 28 35

Junior Country 0 1 1 1 2 0 0 0

Country 88 11 99 93 96 88 99 85

Temporary 15 2 17 34 9 9 7 9

Corporate 12 0 12 2 1 3 5 7

Honorary 16 0 16 17 16 16 16 18

Non Playing 10 11 21 26 28 29 28 25

Social 60 2 62 60 79 67 114 120

Honorary Social 2 0 2 3 3 3 3 3

PGA Member 2 2 4 4 3 3 0 0

Try Golf 0 26 26 26 26 16 0 0

Casual 27 4 31 22 19 7 0 0

TOTAL 1,203 283 1,486 1,542 1,577 1,546 1,506 1,497


Membership Status

Category Male Female 2012 2011 2010 2009 2008 2007

Life 2 3 5 5 5 3 3 3

Full 550 59 609 639 725 713 676 663

Full Paid 34 0 34 34 35 35 35 35

Company 47 6 53 52 53 53 55 55

Provisional 123 54 177 208 201 272 326 315

Intermediate 40 5 45 50 53 41 42 49

Six Day 45 28 73 54 0 0 0 0

Weekday 101 62 163 158 156 140 63 70

Veteran 8 2 10 8 4 4 6 5

Junior 21 5 26 46 63 44 28 35

Junior Country 0 1 1 1 2 0 0 0

Country 88 11 99 93 96 88 99 85

Temporary 15 2 17 34 9 9 7 9

Corporate 12 0 12 2 1 3 5 7

Honorary 16 0 16 17 16 16 16 18

Non Playing 10 11 21 26 28 29 28 25

Social 60 2 62 60 79 67 114 120

Honorary Social 2 0 2 3 3 3 3 3

PGA Member 2 2 4 4 3 3 0 0

Try Golf 0 26 26 26 26 16 0 0

Casual 27 4 31 22 19 7 0 0

TOTAL 1,203 283 1,486 1,542 1,577 1,546 1,506 1,497

Membership numbers as at 31st December 2012



Performances of NoteState Team SelectionsWomen’s State Squad - Elysia Yap & Amy ZhouGirls’ State Squad - Christine Beasley, Elysia Yap & Amy ZhouBoys’ State Squad (2012 Interstate Series Winners) - Lachlan BoothGolf SA High Performance Talent Identification Squad - Amy Zhou, Matilda Wheare, Elysia Yap, Jenny Lee, Lachlan Booth, William Starkey, Haydn Booth & Sam Raschella.Cudmore Cheney Challenge Squad - Matilda WheareVictoria vs South Australia Border Challenge - Lachlan Booth, Sam Raschella & Mitch Taht

Amateur EventsSA Women’s Country Championship - Deb ChristieNora Maskell Trophy - Patricia Whelan & Marie O’HalloranBusiness Women’s Championship - Sarah GriffithsWomen’s Champion of Champions - Jill HodgeJacobs Creek Golf Classic - Lachlan BoothGolf SA State Women’s Foursomes Championship - Jenny Lee & Elysia YapGolf SA Boys’ Junior Open - Lachlan BoothGolf SA Girls’ Junior Masters - Jenny LeeGolf SA Girls’ Junior Amateur Championship - Jenny LeeJack Newton Junior International State Qualifying - Jenny LeeGlenelg Women’s Vardon - Amy ZhouKooyonga Women’s Vardon - Jenny LeeGrange Women’s Vardon - Jenny LeeMt Osmond Women’s Vardon - Jenny Lee

Women’s Grade 1 Pennant WinnersAnne Marks (Team Manager), Christine Beasley, Jenny Lee, Sophie James, Jill Hodge, Elysia Yap & Amy Zhou

Women’s Grade 2 Pennant WinnersHeather Waddy (Team Manager), Ros Osborn (Assistant Manager) Jess Burns, Sarah Griffiths, Cathy Johnson, Sue Tuohy, Matilda Wheare, Jayne Staridas, Anne Marks, Ruth Martin, Sue Raggatt & Nuala Oades

Women’s Cleek Stick Runners UpJeanne Scardigno (Team Manager), Sandy Dolman, Wendy Vaughan, Peggy Lau-Flux, Janet Fleer, Cheryl Franzi, Chris Sullivan, Meredith Noble, Ros Henderson & Barbara Heald

Men’s Senior Interclub ChampionsDeane Harris, Wayne Humphries, Jim Rawson, Michael Dobson, Graham Stone, Barry Robjent, Chris Whitford, Denis Prider, Brian Osborn, David Allen & Peter Campbell

Other achievmentsSport SA Coach of the Year Finalist - Gareth JonesSouth Australian Golf Hall of Fame Inductee - Pauline Sanderson

Holes in OneGavan Fox (January) ............................................................................ 16th HoleStephen Dean (March) ...........................................................................3rd HoleBryan Turner (March) ..............................................................................3rd HoleMark Hofmeyer (May) ..........................................................................11th HoleMitch Nash (July) .................................................................................. 16th HoleBrian Nash (July) ................................................................................... 16th Hole

James Mattson (August) .....................................................................11th HoleBrian Nash (October) ............................................................................11th HoleNancy Bartlett (October) .....................................................................11th Hole Peter Wickham (October) ....................................................................11th HoleMartin Ardill (December) ................................................................... 16th Hole


The winning Glenelg Women’s A1 Pennant Team

The winning Glenelg Women’s A2 Pennant Team


Club Championship & Trophy WinnersEvent Winner Runner Up

Men’s Club Championship Matthew McGowan Campbell Rawson

Women’s Club Championship Jill Hodge Sue Tuohy

RF Stevens Trophy Henry Duregon Anthony Olsen

Men’s B Grade Championship William Traljic Glenn Sterrey

Men’s C Grade Championship Don Tucker Brenton Kalz

Women’s B Grade Championship Annette Rieniets Peggy Lau-Flux

Women’s C Grade Championship Cheryl Hunt Margaret Harris

Men’s A Grade Plate Toby Koch Brian Welsh

Men’s B Grade Plate Jackson Kalz Troy Perriam

Men’s C Grade Plate Anton Clovicko Serge Caplygin

Boys’ Club Championship Lachlan Booth Jack Hynes

Girls’ Club Championship Jenny Lee Elysia Yap

Men’s Senior Championship Jim Rawson Denis Prider

Jimmy McLachlan Trophy Mitch Nash Campbell Rawson

Men’s Foursomes Championship John Noble & Campbell Rawson Ben Tuohy & Leigh Attenborough

Women’s Foursomes Championship Jenny Lee & Elysia Yap Jan Dale-Harris & Lisa Faehrmann

Men’s A Grade Foursomes Toby Koch & David Scholz John Noble & Campbell Rawson

Men’s B Grade Foursomes Joe Charles & Phil Proctor Andrew Morrison & Scott Franks

Men’s C Grade Foursomes Bevan Roberts & Patric Alderman Mike Panno & Rob Arbon

Women’s B Grade Foursomes Championship Nancy Craigie & Gerry Hall Barbara Heald & Christine Sullivan

Women’s C Grade Foursomes Championship Kate Beaty & Jeanne Scardigno Morreen Barter & Margaret Magarey

Mixed Foursomes Championship Anthony Olsen & Elysia Yap Martin Ardill & Jenny Lee

Rhonda Watson Brooch (Gross) Kooyonga: Lyn McGough, Anne Ewer & Jodie Deacon

Rhonda Watson Brooch (Net) Mt Osmond: Jenny Butcher, Mieun Jin & Penny Matthews

Brian Ferris Memorial Trophy Matthew Lisk (Grange) Brad Moules (Royal Adelaide)

Eric Scovell Trophy Patrick Kroschel (Royal Adelaide) Connor Chant (Glenelg)

Women’s Vardon Amy Zhou (Glenelg) Christine Beasley (Glenelg)

Owen Whitford Trophy Jack Hynes & Vicki Hynes (Glenelg) Will Starkey (Glenelg) & Cassidy Evreniadis (Grange)

Lance Begg Trophy Bruce & Yvonne Du-Rieu Brenton & Jackson Kalz

Winter Pinehurst Foursomes Trophy Gavan & Karin Fox Jo & Stephen McCarthy

Don Harris Memorial Trophy James Brown & Cathy Symons John & Ruth Croall

Tuohy Trophy Henry & Paul Duregon Chris & Sophie James

Event Winner Event Winner

Governor’s Cup Martin Pearson (SA Police) Glenelg Trophy (Juniors) Jake Hurst

Senior Cup Jim Rawson Boys’ Handicap Matchplay Liam Kennewell

Anzac Trophy Michael Pope Rawson Memorial David Allen

Captain’s Trophy Phil Harrison Don Watson Memorial Mitchell Smith

President’s Trophy David Allen & Ralph Faithfull Frank Collins Memorial Bryan Turner

Glenelg Trophy Rob McKeon AH Smerdon Memorial Dr Peter Carey

Sam Percival Trophy Chris Hercock Steve McKee Memorial Leigh Tarrant

Milo Sprod Trophy Bevan Roberts Summer Cup Justin Dolman & Simon Connelly

Norm Omond Medals A: Nick Hromin Harold Wright Memorial Ben Magi

B: Brian Nash Men’s Winter Matchplay Ben Holmes

C: Serge Caplygin Brian Bashford Memorial Paul Greenbank

Women’s Event Winner Women’s Event Winner

President’s Foursomes Gerry Hall & Sue Raggatt Shylie Rymill Foursomes Fran Brown & Vicki Hynes

Captain’s Trophy Cathy Darling Consistency Cup Joy Green

Laurel Wreath Sue Tuohy Aggregate Par Trophy Jean Roberts

International Bowl Silver: Anne Marks Veterans’ Handicap Elise Dignan

Bronze: Di Dansie Veterans’ Handicap Gross Anne Marks

Shane Robinson Trophy Chris James Veteran’s Handicap Net Carolyn Shanahan

Club Medal 1 Anne Marks JM Sims Trophy A Grade: Sandy Dolman

Club Medal 2 Sue Tuohy B Grade: Terry Phillis

Club Medal 3 Elysia Yap C Grade: Judith Holst

Caddy Trophy Kay Nyland Essex Stroke Silver: Joy Green

Past Committee Trophy Marg Davis Bronze: Rita Northcote

Grandmothers’ Trophy Chris Croucher Most Improved Handicap Kate Beaty

Putting Trophy Barbara Heald Jacka Trophy Jill Hodge

Wallace Stroke Wendy Greig Saturday Championship Jill Hodge

Parfection Prize Lisa Faehrmann

Ella Cole Trophy Jenny Lee


Event Winner Runner Up

Men’s Club Championship Matthew McGowan Campbell Rawson

Women’s Club Championship Jill Hodge Sue Tuohy

RF Stevens Trophy Henry Duregon Anthony Olsen

Men’s B Grade Championship William Traljic Glenn Sterrey

Men’s C Grade Championship Don Tucker Brenton Kalz

Women’s B Grade Championship Annette Rieniets Peggy Lau-Flux

Women’s C Grade Championship Cheryl Hunt Margaret Harris

Men’s A Grade Plate Toby Koch Brian Welsh

Men’s B Grade Plate Jackson Kalz Troy Perriam

Men’s C Grade Plate Anton Clovicko Serge Caplygin

Boys’ Club Championship Lachlan Booth Jack Hynes

Girls’ Club Championship Jenny Lee Elysia Yap

Men’s Senior Championship Jim Rawson Denis Prider

Jimmy McLachlan Trophy Mitch Nash Campbell Rawson

Men’s Foursomes Championship John Noble & Campbell Rawson Ben Tuohy & Leigh Attenborough

Women’s Foursomes Championship Jenny Lee & Elysia Yap Jan Dale-Harris & Lisa Faehrmann

Men’s A Grade Foursomes Toby Koch & David Scholz John Noble & Campbell Rawson

Men’s B Grade Foursomes Joe Charles & Phil Proctor Andrew Morrison & Scott Franks

Men’s C Grade Foursomes Bevan Roberts & Patric Alderman Mike Panno & Rob Arbon

Women’s B Grade Foursomes Championship Nancy Craigie & Gerry Hall Barbara Heald & Christine Sullivan

Women’s C Grade Foursomes Championship Kate Beaty & Jeanne Scardigno Morreen Barter & Margaret Magarey

Mixed Foursomes Championship Anthony Olsen & Elysia Yap Martin Ardill & Jenny Lee

Rhonda Watson Brooch (Gross) Kooyonga: Lyn McGough, Anne Ewer & Jodie Deacon

Rhonda Watson Brooch (Net) Mt Osmond: Jenny Butcher, Mieun Jin & Penny Matthews

Brian Ferris Memorial Trophy Matthew Lisk (Grange) Brad Moules (Royal Adelaide)

Eric Scovell Trophy Patrick Kroschel (Royal Adelaide) Connor Chant (Glenelg)

Women’s Vardon Amy Zhou (Glenelg) Christine Beasley (Glenelg)

Owen Whitford Trophy Jack Hynes & Vicki Hynes (Glenelg) Will Starkey (Glenelg) & Cassidy Evreniadis (Grange)

Lance Begg Trophy Bruce & Yvonne Du-Rieu Brenton & Jackson Kalz

Winter Pinehurst Foursomes Trophy Gavan & Karin Fox Jo & Stephen McCarthy

Don Harris Memorial Trophy James Brown & Cathy Symons John & Ruth Croall

Tuohy Trophy Henry & Paul Duregon Chris & Sophie James

Event Winner Event Winner

Governor’s Cup Martin Pearson (SA Police) Glenelg Trophy (Juniors) Jake Hurst

Senior Cup Jim Rawson Boys’ Handicap Matchplay Liam Kennewell

Anzac Trophy Michael Pope Rawson Memorial David Allen

Captain’s Trophy Phil Harrison Don Watson Memorial Mitchell Smith

President’s Trophy David Allen & Ralph Faithfull Frank Collins Memorial Bryan Turner

Glenelg Trophy Rob McKeon AH Smerdon Memorial Dr Peter Carey

Sam Percival Trophy Chris Hercock Steve McKee Memorial Leigh Tarrant

Milo Sprod Trophy Bevan Roberts Summer Cup Justin Dolman & Simon Connelly

Norm Omond Medals A: Nick Hromin Harold Wright Memorial Ben Magi

B: Brian Nash Men’s Winter Matchplay Ben Holmes

C: Serge Caplygin Brian Bashford Memorial Paul Greenbank

Women’s Event Winner Women’s Event Winner

President’s Foursomes Gerry Hall & Sue Raggatt Shylie Rymill Foursomes Fran Brown & Vicki Hynes

Captain’s Trophy Cathy Darling Consistency Cup Joy Green

Laurel Wreath Sue Tuohy Aggregate Par Trophy Jean Roberts

International Bowl Silver: Anne Marks Veterans’ Handicap Elise Dignan

Bronze: Di Dansie Veterans’ Handicap Gross Anne Marks

Shane Robinson Trophy Chris James Veteran’s Handicap Net Carolyn Shanahan

Club Medal 1 Anne Marks JM Sims Trophy A Grade: Sandy Dolman

Club Medal 2 Sue Tuohy B Grade: Terry Phillis

Club Medal 3 Elysia Yap C Grade: Judith Holst

Caddy Trophy Kay Nyland Essex Stroke Silver: Joy Green

Past Committee Trophy Marg Davis Bronze: Rita Northcote

Grandmothers’ Trophy Chris Croucher Most Improved Handicap Kate Beaty

Putting Trophy Barbara Heald Jacka Trophy Jill Hodge

Wallace Stroke Wendy Greig Saturday Championship Jill Hodge

Parfection Prize Lisa Faehrmann

Ella Cole Trophy Jenny Lee


Name Years Name Years Name Years Name Years

Alderman, J.R. 24 Gillespie, D.P. 3 Manning, J.A. 7 Sando, H.H. 3

Allen, W.S. 16 Gillman, J.F. 1 Manser, B.J. 12 Sands, R.G. 3

Ashton, E.C. 11 Gitsham, G.D. 6 Marshall, A.K. 1 Sauerbier, L.C. 3

Ashton, J.E. 16 Goldsworthy, J.S. 2 Martin, A.J. 7 Skinner, L.P. 5

Bagshaw, N.E. 11 Guy, G.R. 3 Martin, S.G. 2 Slade, H.T. 11

Barton, D.N. 13 Guymer, Dr. A.H. 3 Mausolf, N. 6 Stanhope, B.H. 1

Bennett, R.B. 9 Handford, J.E.O. 10 McCarter, L. 5 Stevens, G.B. 5

Bishop, W.P. 6 Harris, S.D. 12 McCarthy, K.J. 6 Stevens, R.F. 8

Briscoe, P.C.A. 11 Hartford, B.B. 1 McFarlane, A. 3 Still, J.A. 4

Brooke, A.C. 6 Hendry, J.M. 2 McFarlane, K.B. 3 Stone, J.C. 3

Brooks, I.R. 10 Hewett, L.P. 2 McGlasson, A. 6 Summers, M.C.E. 20

Brooks, L.A. 1 Hicks, F.G. 5 McGrath, P.R. 8 Symons, I.P. 10

Burgen, O.T. 3 Hill, J. 5 McKee, J.E. 5 Thomas, V.M. 6

Butler, J.A. 11 Hodgson, G.A. 13 McKee, S.N. 12 Thompson, G.R. 4

Campbell, K.S. 3 Hodgson, J.W. 1 McLeay, G. 2 Trabilsie, F.J. 7

Chamberlain, R.R. 1 Holt, W.B. 9 McLuckie, R. 3 Truscott, R.W. 1

Chapple, G.B. 3 Hull, S.C. 2 McMutrie, H. 6 Vivian, A.B. 5

Collins, F.G. 21 Humphries, W.G. 5 Merrett, A.F. 6 Waddy, J.L. 6

Connelly, P.F. 3 Jackman, A.J. 2 Morton, P.T. 23 Walsh, T.I. 6

Crookall, K.C. 2 Jackman, J.W. 1 Nelson, R.A. 2 Warburton, C. 9

Cudmore, D.C. 2 Jackman, S. 4 Newton, R. 4 Watson, D.M. 21

Dale, M.E. 9 Jarrad, B. 3 Norman, P.J. 9 Watson, E.J. 1

Darling, A.E. 12 Johnson, A.C.M. 7 Nyland, K. 4 Weston, G.W. 3

Dignan, J.A. 1 Johnson, N.J. 6 O’Brien, G.P. 5 Wheatley, J.A. 9

Duregon, P.B. 2 Johnson, W.G. 2 Omond, J.D. 21 Whitford, A.K. 12

Ellers, L.G. 3 Kenny, J.P. 1 Palmer, J.S. 4 Whitford, C.R. 10

English, R.J. 10 Kimber, A.W. 4 Percival, S.T.P. 1 Wood, C.M. 11

Ferris, B.T. 4 Koukourou, S. 7 Phillips, D.W. 2 Wood, L.M. 4

Flehr, B.E. 4 Lacey, E.H. 2 Phillips, M.B. 14 Wood, W.C. 2

Follett, R.M. 7 Lewis, F.A. 24 Price, W.D. 1 Woolcott, E.S. 3

Foster, G.C. 1 Lindsay, D.M. 8 Pritchard, W.A. 2 Wright, H.F. 6

Fox, G.M. 6 Maddern, Dr. C.B. 1 Rawson, J.A. 11 Young, W.D. 2

Frances, I.K. 2 Maddern, J.P. 5 Rawson, K.A. 16

Freeman, R.E.N. 3 Mahoney, W.J. 5 Reade, T.C. 6

Giles, J.R. 10 Mallen, L. 3 Roberts, B.M. 1

Year President Captain Vice-Captain Year President Captain Vice-Captain

1927 A.J. Roberts S. Jackman F.G. Hicks 1970 N.E. Bagshaw J.R. Alderman J.D. Omond


1929 A.J. Roberts S. Jackman F.G. Hicks 1972 N.E. Bagshaw J.D. Omond M.C.E. Summers


1931 A.J. Roberts F.G. Hicks John Hill 1974 N.E. Bagshaw M.C.E. Summers R.B. Bennett

1932 Not Appointed F.G. Hicks John Hill 1975 N.E. Bagshaw M.C.E. Summers R.B. Bennett

1933 W. Fisk John Hill G. McLeay 1976 F.G. Collins R.B. Bennett G.A. Hodgson


1935 W. Fisk J.E. Ashton G. McLeay 1978 F.G. Collins G.A. Hodgson H.T. Slade


1937 W. Fisk K.C. Crookall Dr. A.H. Guymer 1980 F.G. Collins H.T. Slade B.J. Manser

1938 W. Fisk Dr. A.H. Guymer Dr. C.B. Maddern 1981 F.G. Collins H.T. Slade B.J. Manser

1939 Frank Smith Dr. A.H. Guymer J.E. McKee 1982 F.G. Collins B.J. Manser J.E.O. Handford

1940 Frank Smith J.E. McKee V.M. Thomas 1983 F.G. Collins B.J. Manser J.E.O. Handford

1941 Frank Smith V.M. Thomas W.B. Holt 1984 R.B. Bennett J.E.O. Handford G.D. Gitsham


1943 Frank Smith V.M. Thomas W.B. Holt 1986 R.B. Bennett G.D. Gitsham A.K. Whitford

1944 Baden Pattinson V.M. Thomas W.B. Holt 1987 R.B. Bennett G.D. Gitsham A.K. Whitford

1945 Baden Pattinson W.B. Holt A.C. Brooke 1988 R.B. Bennett A.K. Whitford D.N. Barton


1947 W. Allen E.Caradoc Ashton S.N. McKee 1990 R.B. Bennett D.N. Barton J.L. Waddy

1948 H.H. Handby E.Caradoc Ashton S.N. McKee 1991 R.B. Bennett D.N. Barton J.L. Waddy

1949 H.H. Handby E.Caradoc Ashton S.N. McKee 1992 R.B. Bennett J.L. Waddy J.R. Giles

1950 C.H. Fidock S.N. McKee F.G. Collins 1993 R.B. Bennett J.L. Waddy J.R. Giles

1951 C.H. Fidock S.N. McKee F.G. Collins 1994 D.N. Barton J.R. Giles J.A. Rawson

1952 C.H. Fidock F.G. Collins S.D. Harris 1995 D.N. Barton J.R. Giles J.A. Rawson

1953 C.W. Anderson F.G. Collins S.D. Harris 1996 D.N. Barton J.A. Rawson I.P. Symons

1954 C.W. Anderson S.D. Harris D.M. Watson 1997 D.N. Barton J.A. Rawson I.P. Symons

1955 C.W. Anderson S.D. Harris D.M. Watson 1998 D.N. Barton I.P. Symons D.M. Lindsay

1956 C.W. Anderson S.D. Harris D.M. Watson 1999 J.L. Waddy I.P. Symons D.M. Lindsay

1957 C.W. Anderson D.M. Watson C.M. Wood 2000 J.L. Waddy D.M. Lindsay C.R. Whitford


1959 C.W. Anderson D.M. Watson C.M. Wood 2002 J.L. Waddy C.R. Whitford P.J. Norman

1960 W.J. Parkinson C.M. Wood N.E. Bagshaw 2003 J.L. Waddy C.R. Whitford P.J. Norman

1961 W.J. Parkinson C.M. Wood N.E. Bagshaw 2004 B.J. Manser P.J. Norman I.R. Brooks

1962 W.J. Parkinson N.E. Bagshaw P.T. Morton 2005 B.J. Manser P.J. Norman I.R. Brooks

1963 W.J. Parkinson N.E. Bagshaw P.T. Morton 2006 B.J. Manser I.R. Brooks P.R. McGrath

1964 N.E. Bagshaw N.E. Bagshaw P.T. Morton 2007 B.J. Manser I.R. Brooks P.R. McGrath

1965 N.E. Bagshaw P.T. Morton J.A. Butler 2008 B.J. Manser P.R. McGrath N.J. Johnson

1966 N.E. Bagshaw P.T. Morton J.A. Butler 2009 G.D. Gitsham P.R. McGrath N.J. Johnson

1967 N.E. Bagshaw J.A. Butler J.A. Manning 2010 G.D. Gitsham N.J. Johnson A.J. Martin


1969 N.E. Bagshaw J.A. Manning J.R. Alderman 2012 G.D. Gitsham A.J. Martin G.M. Fox

Office Bearers 1927 - 2012


Name Years Name Years Name Years Name Years

Alderman, J.R. 24 Gillespie, D.P. 3 Manning, J.A. 7 Sando, H.H. 3

Allen, W.S. 16 Gillman, J.F. 1 Manser, B.J. 12 Sands, R.G. 3

Ashton, E.C. 11 Gitsham, G.D. 6 Marshall, A.K. 1 Sauerbier, L.C. 3

Ashton, J.E. 16 Goldsworthy, J.S. 2 Martin, A.J. 7 Skinner, L.P. 5

Bagshaw, N.E. 11 Guy, G.R. 3 Martin, S.G. 2 Slade, H.T. 11

Barton, D.N. 13 Guymer, Dr. A.H. 3 Mausolf, N. 6 Stanhope, B.H. 1

Bennett, R.B. 9 Handford, J.E.O. 10 McCarter, L. 5 Stevens, G.B. 5

Bishop, W.P. 6 Harris, S.D. 12 McCarthy, K.J. 6 Stevens, R.F. 8

Briscoe, P.C.A. 11 Hartford, B.B. 1 McFarlane, A. 3 Still, J.A. 4

Brooke, A.C. 6 Hendry, J.M. 2 McFarlane, K.B. 3 Stone, J.C. 3

Brooks, I.R. 10 Hewett, L.P. 2 McGlasson, A. 6 Summers, M.C.E. 20

Brooks, L.A. 1 Hicks, F.G. 5 McGrath, P.R. 8 Symons, I.P. 10

Burgen, O.T. 3 Hill, J. 5 McKee, J.E. 5 Thomas, V.M. 6

Butler, J.A. 11 Hodgson, G.A. 13 McKee, S.N. 12 Thompson, G.R. 4

Campbell, K.S. 3 Hodgson, J.W. 1 McLeay, G. 2 Trabilsie, F.J. 7

Chamberlain, R.R. 1 Holt, W.B. 9 McLuckie, R. 3 Truscott, R.W. 1

Chapple, G.B. 3 Hull, S.C. 2 McMutrie, H. 6 Vivian, A.B. 5

Collins, F.G. 21 Humphries, W.G. 5 Merrett, A.F. 6 Waddy, J.L. 6

Connelly, P.F. 3 Jackman, A.J. 2 Morton, P.T. 23 Walsh, T.I. 6

Crookall, K.C. 2 Jackman, J.W. 1 Nelson, R.A. 2 Warburton, C. 9

Cudmore, D.C. 2 Jackman, S. 4 Newton, R. 4 Watson, D.M. 21

Dale, M.E. 9 Jarrad, B. 3 Norman, P.J. 9 Watson, E.J. 1

Darling, A.E. 12 Johnson, A.C.M. 7 Nyland, K. 4 Weston, G.W. 3

Dignan, J.A. 1 Johnson, N.J. 6 O’Brien, G.P. 5 Wheatley, J.A. 9

Duregon, P.B. 2 Johnson, W.G. 2 Omond, J.D. 21 Whitford, A.K. 12

Ellers, L.G. 3 Kenny, J.P. 1 Palmer, J.S. 4 Whitford, C.R. 10

English, R.J. 10 Kimber, A.W. 4 Percival, S.T.P. 1 Wood, C.M. 11

Ferris, B.T. 4 Koukourou, S. 7 Phillips, D.W. 2 Wood, L.M. 4

Flehr, B.E. 4 Lacey, E.H. 2 Phillips, M.B. 14 Wood, W.C. 2

Follett, R.M. 7 Lewis, F.A. 24 Price, W.D. 1 Woolcott, E.S. 3

Foster, G.C. 1 Lindsay, D.M. 8 Pritchard, W.A. 2 Wright, H.F. 6

Fox, G.M. 6 Maddern, Dr. C.B. 1 Rawson, J.A. 11 Young, W.D. 2

Frances, I.K. 2 Maddern, J.P. 5 Rawson, K.A. 16

Freeman, R.E.N. 3 Mahoney, W.J. 5 Reade, T.C. 6

Giles, J.R. 10 Mallen, L. 3 Roberts, B.M. 1

Year President Captain Vice-Captain Year President Captain Vice-Captain





1931 A.J. Roberts F.G. Hicks John Hill 1974 N.E. Bagshaw M.C.E. Summers R.B. Bennett

1932 Not Appointed F.G. Hicks John Hill 1975 N.E. Bagshaw M.C.E. Summers R.B. Bennett





1937 W. Fisk K.C. Crookall Dr. A.H. Guymer 1980 F.G. Collins H.T. Slade B.J. Manser

1938 W. Fisk Dr. A.H. Guymer Dr. C.B. Maddern 1981 F.G. Collins H.T. Slade B.J. Manser

1939 Frank Smith Dr. A.H. Guymer J.E. McKee 1982 F.G. Collins B.J. Manser J.E.O. Handford

1940 Frank Smith J.E. McKee V.M. Thomas 1983 F.G. Collins B.J. Manser J.E.O. Handford



1943 Frank Smith V.M. Thomas W.B. Holt 1986 R.B. Bennett G.D. Gitsham A.K. Whitford

1944 Baden Pattinson V.M. Thomas W.B. Holt 1987 R.B. Bennett G.D. Gitsham A.K. Whitford



1947 W. Allen E.Caradoc Ashton S.N. McKee 1990 R.B. Bennett D.N. Barton J.L. Waddy

1948 H.H. Handby E.Caradoc Ashton S.N. McKee 1991 R.B. Bennett D.N. Barton J.L. Waddy

1949 H.H. Handby E.Caradoc Ashton S.N. McKee 1992 R.B. Bennett J.L. Waddy J.R. Giles

1950 C.H. Fidock S.N. McKee F.G. Collins 1993 R.B. Bennett J.L. Waddy J.R. Giles

1951 C.H. Fidock S.N. McKee F.G. Collins 1994 D.N. Barton J.R. Giles J.A. Rawson

1952 C.H. Fidock F.G. Collins S.D. Harris 1995 D.N. Barton J.R. Giles J.A. Rawson

1953 C.W. Anderson F.G. Collins S.D. Harris 1996 D.N. Barton J.A. Rawson I.P. Symons

1954 C.W. Anderson S.D. Harris D.M. Watson 1997 D.N. Barton J.A. Rawson I.P. Symons

1955 C.W. Anderson S.D. Harris D.M. Watson 1998 D.N. Barton I.P. Symons D.M. Lindsay

1956 C.W. Anderson S.D. Harris D.M. Watson 1999 J.L. Waddy I.P. Symons D.M. Lindsay



1959 C.W. Anderson D.M. Watson C.M. Wood 2002 J.L. Waddy C.R. Whitford P.J. Norman

1960 W.J. Parkinson C.M. Wood N.E. Bagshaw 2003 J.L. Waddy C.R. Whitford P.J. Norman

1961 W.J. Parkinson C.M. Wood N.E. Bagshaw 2004 B.J. Manser P.J. Norman I.R. Brooks

1962 W.J. Parkinson N.E. Bagshaw P.T. Morton 2005 B.J. Manser P.J. Norman I.R. Brooks

1963 W.J. Parkinson N.E. Bagshaw P.T. Morton 2006 B.J. Manser I.R. Brooks P.R. McGrath

1964 N.E. Bagshaw N.E. Bagshaw P.T. Morton 2007 B.J. Manser I.R. Brooks P.R. McGrath

1965 N.E. Bagshaw P.T. Morton J.A. Butler 2008 B.J. Manser P.R. McGrath N.J. Johnson

1966 N.E. Bagshaw P.T. Morton J.A. Butler 2009 G.D. Gitsham P.R. McGrath N.J. Johnson



1969 N.E. Bagshaw J.A. Manning J.R. Alderman 2012 G.D. Gitsham A.J. Martin G.M. Fox

Committee Members 1927 - 2012

Tony MartinCaptain

Gavan FoxVice-Captain

Annual Report | Page 1�

Captain’s Report

Tony Martin Club Captain

Gameplan Review & HighlightsCourse presentation and reputation enhancedLeap in golf rankings to 29Improved financial performance despite member reductionsFood & Beverage improvements in service and financial performanceDebt reduction program achievedMember survey completed and actionedStarting system acceptance and quicker rounds achievedWomen’s pennant successHeritage Fund launchedQuality reciprocal course additions

••••••••••

The Club faced a number of challenges in 2012. Dwindling membership numbers, economic stagnation and the need to turn around a poorly performing Food & Beverage operation were all issues addressed by management during the year.

These were not the only issues facing the Club; with increasing utility and maintenance costs, the first full year of ASR wetland operations and the introduction of online booking sheets all tested the patience of members and management.

There was some good news in early 2012 with Glenelg rating 29th in Australia in the January edition of Golf Australia Magazine. Glenelg ranked one spot higher than Grange West, and ahead of The Australian, Portsea, The Cut, Joondalup, The National (Ocean Course), Brookwater, Yarra Yarra, Huntingdale, Moonah Links (Open Course) and Royal Canberra.

Golf Australia Magazine commented “Adelaide’s Glenelg layout finished just outside the top 50 in 2010 but it jumped 23 places, more than any other course, to find a spot at No. 29.” They went on to say “Glenelg is no longer the poor cousin on the Adelaide Sandbelt. Neil Crafter’s redesign, highlighted by revetted bunkering, has given the course a great unique character”.

Glenelg’s ranking in Australian Golf Digest’s Top 100 courses also climbed five positions to 40th, and was listed in the internationally recognised Rolex Top 1000 World Golf Courses with a rating of 80 out of 100, on par with The Grange’s West Course and our reciprocal partners, Huntingdale and The Vines.

These results should be seen as another significant improvement for the Club and shows the continued growth in our

reputation and standing within the golfing community.

Glenelg hosted the leading amateur golfers from around Australia for the Golf SA Classic and Rene Erichsen 72-hole events in April. Feedback from players and officials further consolidated the Club’s reputation within the golfing community, with many comparing the challenging layout and condition to some of the best courses in Australia.

The first full-year of ASR wetland system operations proved challenging, yet fruitful, with more than 200ML of high-quality water injected into the aquifer system. It was not without its issues with early operations causing many of the Club’s old bores to become artesian, resulting in the need for these bores to be capped. In late April, one of our two harvest pumps located at Brownhill Creek failed, resulting in major repairs. In addition to this, bore ASR 2 suffered a minor collapse causing damage to the bore pump and casings, all requiring immediate repair.

The opportunity was taken during the repair of ASR 2 to lower the bore pump in readiness for the potential impact on aquifer levels due to SA Water’s bio-filtration ASR project which commenced construction in late 2012 on adjacent airport land. SA Water’s project is expected to have minimal impact on the Club’s ASR system. Discussions are continuing with SA Water, Government Departments and local Members of Parliament in an effort to protect the Club’s interests and investment in its ASR wetland system.

Ongoing maintenance and repairs to complex infrastructure associated with the ASR wetland system will be an issue requiring careful management by the Club to ensure continued successful operation and minimise operating costs in the future.

During the year, Tourism SA approached Glenelg, Royal Adelaide, Grange and Kooyonga, seeking to implement a partnership aimed at developing an umbrella brand (similar to the “Melbourne Sandbelt”) owned by the four clubs, and used to promote golf tourism in South Australia. Work is continuing with Tourism SA developing the umbrella brand with the aim of launching the first stage of the project in 2013.

Following the disappointing results in our Food & Beverage department in 2011, a concerted effort was made in 2012 to turn around the financial performance. Major changes were made to opening hours, staffing levels and pricing to ensure a strong, profitable operation with a focus on quality food and service at times we know are readily supported by members and guests.

In August, members completed our first comprehensive Member Satisfaction Survey since 2006. The survey covered all aspects of the Club’s operations and will be implemented annually to track the satisfaction levels of members and to assist in the Club’s strategic planning processes. A number of issues have already been identified through the survey for further action in 2013.

The Committee of Management held its first Member Information Session in November and used the opportunity to brief members on the financial performance of the Club for the first half of 2012, present the results from the Member Satisfaction Survey and give members the opportunity to generally enquire into the operations of the Club. Those in attendance were appreciative of the opportunity and welcomed the transparency. These sessions will be continued in the future.



JanuaryChanges to Food & Beverage operations implemented

Schweppes contract commences

Links Hope Island added as a reciprocal club

Mojo Wines Hole-In-One Competition commences

Online Booking Sheet authority given to Director of Golf Operations

Glenelg rating jumps 23 spots to 29th in Golf Australia Magazine Top 100 Courses

Steve Richards resigns as Greenkeeper

FebruaryWomen’s Try Golf Program commences for 2012 with over 70 participants

Over 150 members and guests attend the 2012 Quiz Night

New western balcony blinds are installed

McGrath Real Estate, SA Safe Supplies, Watermark Glenelg & Titleist sign as sponsors of Pennant Golf at Glenelg

Crafter + Mogford Golf Strategies appointed officially by COM as Course Architect

MarchMitch Nash wins Jimmy McLachlan Trophy

Geoff Gitsham appointed for further 3 years as Club President

Jim Johnson’s term as Club Captain concludes, Sam Koukourou and Kay Nyland are re-elected to COM & Bevan Roberts is elected to COM

Matt Hickman commences role as Pro Shop Manager

Tiger Cubs and Cadet Memberships introduced

April13th Beach hosts the inaugural Bay vs Beach Trophy between 13th Beach and Glenelg Golf Clubs

Junior Tigers Golf Program launched

Glenelg hosts Golf SA Amateur Classic and Rene Erichsen Salver

8 new Golf Carts purchased to replace ageing fleet

Difficult economic conditions and a reduction in membership revenue placed pressure on the Club to deliver its promised debt reduction program in 2012. Despite the challenges, we are pleased to advise that, through careful cost management strategies, significant improvements in Food & Beverage operations and an increase in alternative revenue streams, the Club posted a small operating profit of $16,643 for the year ended 31st December 2012.

Total equity increased to $4,181,987 and the Club’s cash position also increased with $193,400 available as at 31st December 2012.

Importantly, the Club was able to meet its debt reduction program with a further $300,000 paid off the clubhouse loan, and $121,638 used to reduce operating debt associated with hire purchases and lease agreements. After including additional leases established during the year totalling $62,800, the Club was able to reduce its total debt level by $358,838 to $2,828,987.

With debt reduction a priority, capital expenditure costs were kept to a minimum with only $349,383 in payments for Property, Plant and Equipment, compared with $651,963 in the previous year.

The redevelopment of the maintenance facility staff amenities building, administration office and workshop comprised one third of capital expenditure in 2012. This work was essential to ensure continued compliance with workplace health and safety and environmental legislative requirements. Work was completed in July with careful consideration given to utilising assets which could be used in any future maintenance shed redevelopment project. Further work and expenditure will be required each year to ensure legislative compliance until such time as the Club is in a position to fund a major redevelopment of the maintenance facility.

Membership revenue reduced significantly during 2012 compared to the previous year. A drop in Full Member Equivalent (FME) numbers was primarily responsible for this. Changes in recent years to membership structures, offering increased flexibility and

affordability for members, also contributed to this reduction. The challenge now is to identify the fine balance between affordability and sustainability moving forward. A total of $299,145 was collected through the Infrastructure Levy, all of which went towards the Club’s debt reduction program. Interest in new membership remained high, with 100 new members joining across all categories, including 29 new Provisional members. Resignations totalled 147 for the year.

A significant turnaround in performance by the Food & Beverage team saw a combined profit of $188,009 achieved through bar and catering, compared to $8,946 in 2011. Much of this can be attributed to improved rostering and staff management, and focusing attention on service times we know are readily supported by members and guests. Bar revenue increased 6% over 2011 figures to $867,332 with a 2% increase in Gross Profit, while catering revenue saw a 7% increase to $1,188,643 with gross profit remaining on par with 2011. However, the most significant improvements came through a reduction in wage costs, with bar wage percentages reduced from 48% to 42% and catering reduced by 8% to 48%, contributing to the $179,063 turnaround in combined profit.

Measured cost management strategies introduced during the year assisted in reducing total expenditure by almost 6%. This included a 2.6% reduction in course and administration salaries and a 14% reduction in finance and interest costs. Total course expenditure was reduced by 2.4% through careful planning and management which had little impact on the condition and presentation of the course, and this is a credit to our course maintenance team led by Daryl Sellar, Graham Stevens and James McDonald. A sharp increase in utility costs (light, power and water) and ongoing maintenance of the clubhouse saw a 5.7% increase in house expenditure.

FinanceMember revenue challengeImproved F & B resultDebt reduction successRedeveloped maintenance facility

••••

A significant turnaround in performance by the Food & Beverage team saw a combined profit of

$188,009 achieved through bar and catering, compared to $8,946 in 2011.



Our golf course continues to improve every year. With outstanding turf quality, conditioning, presentation and playability is apparent all year round.

While turf conditioning remains a priority for our course maintenance staff, attention was directed to a number of refurbishment works during 2012. Following the advice and direction of the Club’s course architect, Crafter + Mogford Golf Strategies, and based on the ongoing Course Enhancement Plan put together by architect Neil Crafter, in association with Bob Tuohy, in 2011, bunker refurbishment works were carried out on holes 3, 4, 6, 9, 11 and 17.

Refurbishment work was carefully considered and designed to ensure changes did not impact on the strategic nature of the golf course. Work was aimed at providing some relief and easier access for members and, importantly, reduce sand area and revetted edging to ensure maintenance practices can continue to be as efficient as possible. Results were stunning, with members commenting positively about the refurbishment works.

Work on the 11th hole included reducing the size of the carry bunkers and regrading the contours between both bunkers by lowering the existing ridge in the fairway to provide more retention for shorter hitters and reduce deflection of balls to the righthand side. Additional works to upgrade the irrigation loop around the 11th green to provide increased irrigation efficiencies were also carried out.

The building of the revetted walls of our bunkers is quite an artform and we are lucky to have course maintenance staff who are well trained and experienced in building these bunkers. The final results can be quite spectacular, and with plans to continue to rationalise the area of sand on course, we will be in a much better position to maintain these bunkers on an ongoing basis.

In keeping with recent course work, the path at the 18th tee received a much needed upgrade, with the old path material replaced with a turf path and green matting. Turf is preferred in most areas as it is more efficient to maintain than most materials and integrates well with other

playing surfaces which are usually in close proximity due to our restricted space.

Landscaping works were another priority for course staff in 2012. Revegetation work took place across much of the golf course including areas around newly refurbished bunkers, on mounding adjacent to the 1st hole and 2nd green, areas around the 7th green and 9th tee, along the entrance road and around the maintenance facility. Wetland areas also received much needed attention, whilst the natural grassland and low lying areas between the 13th and 15th holes saw significant tree pruning works and general tidying to enhance the natural beauty across this area of the course.

While the drought may seem a distant memory, the graph below illustrates that, with the exception of March and June last year, every month saw only average or below average rainfall, with the last 6 months realising only 144mm compared to an average of 247mm for July to December.

Despite the generous rain at the start of 2012 providing great relief for the golf course, annual rainfall figures still finished 17mm below average, while evaporation rates were 150mm above average for the year.

The dry spring and start to summer is serving as a reminder of the importance of the investment our club has made in water infrastructure in recent years.

In July, work was completed on an upgrade of the course maintenance facility building. This work formed stage one of our short-

term upgrade program designed to meet legislative requirements in WHS and environmental management. The works included the installation of an additional building to improve and enlarge staff amenities, with the existing lunch room converted into a course operations office. By carrying out this work, it allowed for the internal office area within the shed to be removed for increased undercover storage space for machinery and equipment. The total project cost was just over $100k, with the new Ausco portable building purchased by the Club. Careful consideration took place with all aspects of the work to ensure funds could be recouped in the future once a decision is made on a new maintenance facility. This includes the option of on-selling the new building or reusing it in any future upgrades.

Course renovation works again took place in the first week of September. This year, a decision was made to cancel all competitions during the week, giving course staff flexibility to close holes to complete renovation works in a shorter time frame. As a result, work was completed more efficiently and with less long term impact on member access to the golf course.

Daryl Sellar continues to provide outstanding leadership and direction for the course maintenance team. He was ably supported on the ground by Graham Stevens and James McDonald, who provide passionate and loyal service to the Club.

Golf CourseOutstanding course conditionRanked 29 nationally by Golf Australia MagazineBunker enhancement program success

•••

Recent bunker refurbishment and rationalisations have been executed with a long term mindset. Working in

conjunction with course designer, Neil Crafter, reducing ongoing maintenance costs was a major factor in the

project.



Efforts were made in 2012 to further enhance the benefits offered to members with a focus on services rather than changes to membership categories.

Early in the new year, the Committee of Management introduced a new reciprocal club strategy designed to capitalise on the improving reputation of the Club within the golf industry. The strategy aims to identify suitable clubs, both interstate and overseas, which match the quality and culture of Glenelg. The strategy also identified the need to differentiate between non-green fee paying reciprocal clubs and those where a green fee, generally discounted, is payable, namely affiliate clubs.

As a result, new reciprocal agreements were established with Newcastle Golf Club in NSW, Lake Karrinyup County Club in WA, Twin Waters Golf Club on the Sunshine Coast in Queensland, and affiliate agreements signed with Links Hope Island and Sanctuary Cove Golf & Country Club, both on Queensland’s Gold Coast. Further work will take place in 2013 and beyond as we endeavour to establish reciprocal and affiliate agreements with some of the best golf courses around Australia and overseas as the Club’s reputation continues to grow.

Clubhouse utilisation was again high on the agenda with changes made to the Club’s food and beverage operations to encourage members and the local community to make use of our outstanding family friendly facilities.

Clever marketing strategies and advertisements promoting Pinehill Bistro to members, guests and residents in surrounding areas saw an increase in patronage across lunch and dinner times throughout the year. Thursday night dining averaged 30-40 people, with peak periods seeing up to 70-80 seatings, many of whom were non-members. Friday dinners continued to perform well whilst lunch times remained popular for members and non-members alike.

Two Captain’s Lunches were held during the year: one in July featuring Neil Paulett, of Paulett Wines, and the other in December with Robert O’Callaghan, of Rockford Wines fame, as

guest speaker. His stories of growing up, early experiences within the wine industry and the establishment of his own winery were enjoyed by all in the room. Both lunches were extremely well attended, fun and informative.

Once again, our popular Quiz Night was a great success with over 150 members and guests enjoying the fun and festivities and raising over $2,000 for the Club’s Junior Development Program. Our Winery Challenge was another success story, with full fields enjoying fine weather and quality food and wine both in the morning and afternoon.

A number of advertising campaigns were used during the year to promote various services, memberships and programs. The local Messenger newspaper was used primarily to promote the Pinehill Bistro to the local community, but also the newly established Junior Tigers Golf Program, the Women’s Try Golf Program and the Club’s conference and function facilities. All campaigns received good traction and will continue to be used as a method of promotion to the local community.

In November, the Club announced a corporate partnership as “The Official Golf Club of the Adelaide Football Club”. The partnership provides a great opportunity for us to promote our facility to the members, supporters and corporate affiliates of the Adelaide Football Club and align us with a strong South Australian brand. We are delighted to commence this partnership with the Club for all South Australians and see a great synergy with the Adelaide Football Club, which provides a first class facility and experience for players, members and supporters, in line with our own reputation as one of Australia’s premier golfing facilities.

A comprehensive survey of member satisfaction levels was undertaken in August with generally positive results. Overall satisfaction levels were excellent, with the golf course rating highest at 8.48 out of 10. The Pro Shop received a rating of 8.30 with food and beverage close behind on 8.04. With a target satisfaction rating of 7.50 or higher, both the annual golf program and membership value fell within targeted levels.

Membership & Member FocusFocus on improved staff serviceSignificant reciprocal club additionsGood news for Adelaide Crows re GGC alignmentMember events success

••••

MayRevised hole indexing is introduced

Updated local rules introduced

Bunker Refurbishment Plan commences on 3rd & 4th holes

Elysia Yap and Amy Zhou represent South Australia at the Women’s Interstate Series

The Club’s junior members travel to 13th Beach aided by the Club’s Junior Foundation

Bunker Refurbishment Plan commences on 6th & 7th holes

JuneNewcastle Golf Club and Sanctuary Cove Golf Club are announced as new reciprocal clubs

Jill Hodge wins Women’s Club Championship

One Solution Mobile & Data signs as major sponsor of upcoming Glenelg Foundation Day

Yellow Championship Women’s Course used for first time in Women’s Club Championships

JulyCaptain’s Lunch is held, with guest speaker Neil Paulett

Sarah Griffiths wins Women’s Pennant Player of the Year

Braeden Kelly wins Men’s Pennant Player of the Year

Official Course Guide and Hole Flyovers are produced to enhance the service and offering provided by the Club

New Advertising Guidelines approved by COM

AugustLynn Paterson commences full time role as Events Manager

Glenelg Foundation Day raises $20k for Junior Golf

Inaugural Tuohy Trophy is held and won by Henry & Paul Duregon

Member Satisfaction Survey is released

Significant landscaping works carried out around golf course


When breaking down satisfaction levels further, a number of issues were identified which did not meet targeted levels. In regard to the golf course, these areas included bunkers, rough, the driving range and on-course toilet facilities. Dissatisfaction levels with the performance of the Committee of Management, Financial Management and strategic planning were noted and the continuing divide between online bookings and ball-in-race starting systems was also identified. Our reciprocal clubs list and bag and buggy storage service also rated poorly.

Pleasingly, 95.2% of members indicated they would be proud to recommend Glenelg Golf Club to their family and

friends and 89.5% of members believe their expectations of membership have been met by the Club.

A review of the satisfaction survey results has been undertaken by the Committee of Management and a number of steps have been taken to address the issues identified, and plans put in place to ensure other areas will be addressed in coming years.

From September to December, the Club offered a Membership Incentive Program designed to actively promote and introduce new members to the Club. Many of our new members have followed family and friends to our Club, and this incentive program saw a further 14 new Provisional members join during the period.

Industry trends have seen waiting lists diminish and interest in Club memberships decline, yet we have seen an increasing number of people playing golf. Our Club has not been immune to these industry trends, and, whilst our waiting list is now exhausted, demand has remained with new members joining the Club on a regular basis and the golf course being more actively utilised.

Our Club has a very strong, proud and loyal membership base and it is important that we all continue to promote our Club, our brand and our services to the people around us to ensure a secure financial future for our Club.

Annual Report | Page �0

Function numbers in 2012

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TOTAL 2011

Weddings 4 4 6 3 1 1 1 0 3 1 2 2 28 33

Functions 3 3 5 10 6 9 10 9 9 8 6 12 90 121

Conferences 5 13 24 9 18 16 12 19 12 15 23 4 170 150

Golf Days 0 3 2 3 7 3 2 0 2 7 5 1 35 40

Function numbers in 2012

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TOTAL 2011

Weddings 4 4 6 3 1 1 1 0 3 1 2 2 28 33

Functions 3 3 5 10 6 9 10 9 9 8 6 12 90 121

Conferences 5 13 24 9 18 16 12 19 12 15 23 4 170 150

Golf Days 0 3 2 3 7 3 2 0 2 7 5 1 35 40

Major changes were introduced to the Club’s food and beverage operations in an effort to stave off the poor financial performance of the previous year. A good basis had been established in 2011, but too much waste was seen in trying to deliver services not supported by members.

After analysing the good and bad features of 2011, attention was focused on continuing to provide the quality and consistency of food and service but at those times supported by members and guests. In addition to this, active promotional and advertising campaigns were used to drive business through the doors, utilising surrounding residential areas and trying to entice members and their families and friends to use the outstanding facilities on offer.

A strong financial performance by bar was generated through improved rostering and staff management, with a $121,678 profit posted for the year. This included a 6% increase in revenue and 7% reduction in wages from 2011.

Catering performed credibly with a $66,331 profit. Whilst this result was an improvement on 2011, it remained short of budget targets for the year. The result did see a 7% increase in revenue and a significant reduction of almost 9% in wage costs.

A number of initiatives were trialled throughout the year to encourage clubhouse utilisation and increase revenue.

Sunday roasts, Thursday night rump and red, and Tuesday lunch fish specials all generated increased interest and traffic through the clubhouse.

Conference numbers increased during 2012 and contributed 11% of total revenue to catering. Weddings contributed 14% of revenue with other functions making up almost 20% of total sales. Importantly, general revenue through member sales, lunch times and dinners increased 15% over 2011 to comprise almost 40% of total catering revenue.

The wedding reception market continued to be ultra competitive, with new venues opening in surrounding areas resulting in a downturn in bookings again in 2012 to 28. With the full time appointment of Lynn Paterson as Events Manager in August, the Club started to aggressively promote its facility in various bridal magazines, newspapers and online, and also participated in the Spring Bridal Expo at the Wayville Showgrounds in October. Already, we are seeing an increase in bookings and enquiries for 2013 and 2014 through these marketing strategies and we intend to continue with these strategies in forthcoming years in an effort to build up our wedding bookings once again.

The introduction of the food and beverage cart on Saturdays and Wednesdays offered another level of service to members and, whilst some members still argue over the BBQ versus the cart, in general the cart has provided an excellent offering to golfers.

Menus were updated regularly, offering a cross section of quality local produce in a variety of styles designed to meet the needs of members and guests. The difficulty in providing food styles ranging from simple sandwiches and focaccias, to more complex bistro meals and specials, through to quality fine dining for wedding receptions and other functions, cannot be understated and our culinary team, led by Head Chef, Matt Chapman, delivered this consistently and professionally throughout the year.

Phil Day and Marty Ardill provided friendly and professional service behind the bar, with Marty continuing to update and refresh the Club’s extensive wine list for members to enjoy. Whilst our catering operations performance improved significantly and returned a creditable profit, further improvements are expected in 2013. At the end of the year, Karen Steindorf left us after 18 years of loyal service to the Club, and we were pleased to announce that Marty would be taking on the Clubhouse Operations Manager role in 2013.

The year ahead brings fresh new prospects, an opportunity to further grow an ever improving food and beverage operation and deliver strong profits for the Club. Service, quality and consistency remain our focus and we will aim to deliver this for members in 2013.

Clubhouse OperationsStreamlined and improved food and beverage performanceTough wedding/function market conditions- focus for 2013Exciting new staff appointments

•••


Substantial improvements and changes were made to the Club’s golf operations areas during 2012. The first full year of our new structure with Head Professional and Director of Golf Operations, Shane Robinson, saw many new initiatives, innovations and programs designed to actively encourage members out onto the golf course and utilising our facilities.

Under the new structure, the Pro Shop became the central point for members and guests on golf related issues and was managed with professionalism and friendly service by Shane and his team.

Coaching clinics for members were introduced, with state and national coach, Gareth Jones, and PGA professional, Adrian Wickstein, offering a range of different programs from which to choose. Inside 50 short game clinics, men’s and women’s clinics, another successful Women’s Try Golf Program and Women’s Proficiency Clinics were all offered and well supported by members and guests.

Starting systems again drew much debate amongst members. Early in the year, the Committee of Management delegated authority to the golf operations team to determine when and how to utilise online booking sheets. They are at the cold face of the issue and communicate with golfers on a daily basis, so their knowledge, experience and understanding is essential in determining how to best to manage the first tee.

Saturdays and Sunday mornings were identified as times of heavy traffic, so it was agreed to introduce online booking sheets on these days to manage this traffic. A two-tee system was subsequently introduced to further manage Saturday traffic and, since its introduction, we have seen an increase in competition numbers, minimal delays on the 1st and 10th tees, and significant improvements in pace of play. Online booking sheets were also trialled successfully for some larger events, such as the Women’s Minda Open Day, and during the high traffic Christmas and New Year holiday period.

Relationships with our reciprocal clubs and local clubs were high on the agenda in 2012, with a number of new club challenge matches established. The inaugural Glenelg vs 13th Beach Reciprocal Challenge was held over the Adelaide Cup long weekend at 13th Beach Golf Links, with a return match scheduled for the same weekend in 2013. Challenge matches were also introduced between Glenelg and Kooyonga with the men’s Airport Challenge held in May. The women’s Pauline Sanderson Bowl was played twice during the year, with Glenelg holding the prize after the second event.

In May, new course indexing was introduced to better reflect hole ratings and changes made to the course in recent years. Our local rules were updated at the same time, and the Pro Shop commenced printing scorecards for members upon competition registration.

The Golf SA Pennant season was a succcess for the Club in 2012. For the first time, sponsors were sought to assist with the financial costs associated with pennant golf. Reilly’s Wines was signed on as the major sponsor, with SA Safe Supplies (Mark Roberts), McGrath Real Estate (Paul McGrath) and the Watermark Hotel all providing valuable contributions. A total of $10,000 in sponsorship was provided and we thank them immensely for their support.

Following a structured pennant training program designed by our golf operations team, the Women’s Grade 1 and 2 teams took out their respective pennants. The Grade 1 victory was made even more impressive given the team comprised four junior members under the age of 18 – Elysia Yap, Christine Beasley, Amy Zhou and Jenny Lee – with Sophie James making up the final position in the victorious side.

The women’s Cleek Stick reached the final, but went down in a tight match against West Lakes. Unfortunately, our men’s teams were not able to match the performances of our women’s teams,

Golf OperationsStarting system success and improved pace of playImproved golf initiatives and participation levelsWomen’s pennant successCoaching clinics embracedInterclub challenges introducedWomen’s state and national success

••••••

Annual Report | Page ��

Club Champion Matthew McGowan

Women’s Club Champion Jill Hodge

Senior Club Champion Jim Rawson

Boys’ Club Champion Lachlan Booth

Girls’ Club Champion Jenny Lee

Men’s Foursomes Champions John Noble & Campbell Rawson

Women’s Foursomes Champions Jenny Lee & Elysia Yap

Mixed Foursomes Champions Anthony Olsen & Elysia Yap

�01� Club Champions

although our Junior side did finish 3rd, only a few matches out of the final.

At the closing pennant dinner in July, Sarah Griffiths was presented with Women’s Pennant Player of the Year, and Braeden Kelly took out the Men’s Pennant Player of the Year. Both players were deserved winners, going through the season undefeated.

In June, Jill Hodge took out her 5th Women’s Club Championship, defeating Sue Tuohy in the 36 hole final, and followed up this victory with the Women’s Saturday Championship over her daughter, Josie. Jill also went on to win the Women’s State Champion of Champions event later in the year.

In other women’s championship matches, Annette Rieniets won the B Grade championship, while Cheryl Hunt took out the C Grade title. A review of the Women’s Club Championship schedule was flagged during 2012 and further discussions will take place in 2013 to determine the best way forward for this championship event.

Matt McGowan won his first Men’s Club Championship in November, defeating Campbell Rawson on the 36th hole. William Traljic won the B Grade Championship and Don Tucker collected the C Grade trophy. Twelve year old Jackson Kalz won the B Grade Plate and shows a lot of potential, while Jim Rawson took out the Senior Championship .

The Men’s Club Foursomes Championship and Handicap events were again well supported in October, with Campbell Rawson and John Noble taking out the Club Foursomes Championship. Juniors Elysia Yap and Jenny Lee won the Women’s Foursomes Championship, adding to the State Foursomes title they won a few weeks earlier.

In July, the Glenelg Vardon events were played, with Grange’s Matt Lisk playing outstanding golf in tough conditions to take out the Brian Ferris Memorial Trophy. Amy Zhou continued her excellent form, taking out the Women’s Vardon. Glenelg’s female contingent featured prominently in the results, taking out the top six spots on the leaderboard. In the Eric Scovell Trophy, Royal Adelaide’s Patric Kroschel won the Junior event from our own Connor Chant and Lachlan Booth.

The inaugural Tuohy Trophy, a family foursomes championship event, was played in August with 16 pairs competing for the Club’s newest trophy

event. The inaugural winners of the Tuohy Trophy were father/son, Paul & Henry Duregon, pipping the father/daughter pairing of Chris & Sophie James by the smallest of margins.

Participation remains high in club events with record numbers playing in the Wednesday twilight competitions. Our twilight events have become a talking point within the golf industry as most clubs struggle to attract numbers to theirs.

Over 120 members, family and friends attended the Club Championship and Trophy Presentation Dinner in November to celebrate the achievements of members throughout the year. A special gift was presented to Pauline Sanderson, who was inducted into the SA Golf Industry Hall of Fame at the golf industry awards night, joining Rhonda Watson OAM, Bob Tuohy and Murray Crafter, who were inducted in 2011.

A strong field competed for the Owen Whitford Open Mixed Foursomes Trophy in December, which was won by the mother/son pairing of Vicki and Jack Hynes, over Glenelg’s Will Starkey and Grange’s Cassidy Evreniadis.

Other outstanding achievements during 2012 included Deb Christie’s victory in the State Country Women’s Championship and Sarah Griffiths taking out the Elizabeth Pitcher Business Women’s Championship.

It is fair to say that 2012 will be remembered as the “year of the females” as they enjoyed success across all levels of competition. There is no doubt this can be attributed to Glenelg’s family friendly culture, progressive nature and focus on encouraging female golfers through our Women’s Try Golf and junior programs and the outstanding work carried out by our active Women’s Sub-Committee.

Credit must also go to our pro-active and highly regarded team of PGA professionals Gareth Jones and Adrian Wickstein, led capably by our Head Professional and Director of Golf Operations, Shane Robinson. Shane’s team, which includes Pro Shop manager Matt Hickman and Paul Gander, have provided outstanding service for members and guests throughout the year.



The Glenelg Golf Club Foundation continues to prosper, with $31,099 raised through various fund raising initiatives and donations from members throughout the year. In total, $20,879 of funding was provided to our juniors during 2012 to help them further their golf. This funding included entry fees for events, travel expenses and lesson costs with our teaching professionals. As at 31st December 2012, the balance of funds available in the Foundation totalled $33,480.

In August, the Club was lucky enough to have Craig Parry as special guest for the 2012 Glenelg Golf Club Foundation Day. Craig’s attendance was made possible through our newly established relationship with Schweppes. As part of the arrangement, Craig attended an intimate dinner for sponsors giving them the opportunity to mingle with and ask questions of Craig’s his experiences as one of Australia’s leading professional golfers.

On the day itself, the presence of Craig Parry created a buzz, with Club member and major sponsor, Troy Perriam, of One Solution Mobile & Data, and his guests tackling our challenging layout with the Australian golfing legend. Craig made many positive comments about

the course but made particular mention on the depth and structure of our junior development program.

The 2012 Foundation Day raised $23,480 for our junior golf program. This day would not be a success without the support of our sponsors and, whilst the list is too long to cover here, we would like to thank all of them for their generous support of the event.

Also in August the Club’s Heritage Fund was launched. For many members, Glenelg Golf Club has formed a valuable part of their life; a source of great fun, social interaction, pride and enjoyment. The Heritage Fund was created to provide passionate members with the opportunity to either donate or leave a legacy to their Club that will be recognised for generations to come.

The sole purpose of the Heritage Fund is to build and provide strong financial reserves through donations and bequests that will secure the long term future of the Club.

The first meeting of the Heritage Fund Sub Committee was held in August with Geoff Gitsham, Jim Sullivan, Bill Ackland and Tony Martin as inaugural committee members.

Foundation & Heritage FundFundraising success for junior golfCraig Parry attendanceHeritage Fund launchedInaugural Heritage Fund members

••••

Heritage Fund Members Securing the Club for Members both now and in the future.

1927 Founders’ Society Sapphire Member

OWEN BURGAN (2012)

Heritage Society Member

NOEL TAPLIN (2012)

HERITAGE FUND BALANCE: $5,000 as at 31st December 2012


SeptemberCourse Renovations carried out in first week, no competitions held during the week

Membership Recruitment Drive commences

OctoberTwilight Golf commences

Inaugural Member Information Session is held to keep members abreast of the latest news and information around the Club

Lachlan Booth wins Boys’ Junior Championship & Jenny Lee wins Girls’ Junior Championship

John Noble & Campbell Rawson win Club Foursomes Championship

Glenelg Golf Club Heritage Fund is launched

2012 Winery Challenge is heralded a great success, raising over $2,000 for breast cancer awareness

Kerry Crossman wins GMA(SA) Employee of the Year Award

Pauline Sanderson inducted into SA Golf Industry Hall of Fame

NovemberClub signs as Official Golf Club of the Adelaide Football Club

Brenton Sanderson announced as Official Club Ambassador

Matt McGowan defeats Campbell Rawson in final of Club Championship

DecemberLake Karrinyup added to the Clubs growing list of reciprocal clubs

Anthony Olsen & Elysia Yap win Club Mixed Foursomes Championship

Anvers Wines signs as major sponsor of Glenelg Pennant Teams for 2013

Record numbers in Club Twilight events

Jack & Vicki Hynes defeat Will Starkey and Cassidy Evreniadis in the final of the Owen Whitford Trophy

Karen Steindorf finishes in her role as Clubhouse Operations Manager

Booking Sheets used during the busy Christmas and &New Year period


The Club’s Junior Development Program continues to be highly regarded within the golfing community and new initiatives in 2012 only enhanced our reputation as a leader in this field.

To provide some structure for junior golf, our golf operations team implemented the Junior Tigers Golf Program in February. The program provides a pathway for young golfers from beginner through to junior cadets and finally to Junior membership. The structured six-level program applies the motto, “A Skill, A Rule, An Etiquette” and each session completed involves these three areas. Sessions were held during school terms on Wednesday afternoons and Sunday mornings, with up to 100 juniors participating in the program during the year.

Along with the Junior Tigers Golf Program, the Club introduced two new membership categories for junior golfers – Tiger Cubs and Cadets. These two categories provide the necessary pathways that prepare participants for Junior membership at Glenelg.

Whilst junior membership numbers have declined somewhat in recent years, interest continues to grow in the Junior Tigers Golf Program, and given this program is primarily aimed at 8 to 14 year olds, we expect to see an increase in junior membership numbers in coming years as players progress through the program.

The Glenelg Golf Club Foundation continued to provide funding support to our junior members, with changes made to the funding process in 2012. Juniors themselves are now required to arrange entry into golf events, organise and pay for lessons and arrange travel plans for interstate golf events, then to seek reimbursement afterwards. These changes were designed to teach our juniors organisational and life skills and have been successful in their implementation.

In April, the junior pennant squad travelled to 13th Beach Golf Links for five days of team bonding and golf in the lead up to the pennant season. Later in the year, a larger group of 14 juniors attended the annual South Coast junior trip at Links Lady Bay.

Jenny Lee was a standout for the year after taking out both the SA Junior Masters and SA Junior Amateur Championships for the second consecutive time. Jenny went on to win the Girls’ Club Junior Championship in October, the State Women’s Foursomes and Women’s Club Foursomes championships with Elysia Yap, and was a member of the victorious Grade 1 Women’s Pennant Team.

Other standout performers during the year included Josh Hayes, who won the SA Country Junior Boys’ Championship in September, and Lachlan Booth who

Junior GolfIntroduction of Junior Tiger Golf ProgramTwo new category enhancementsLocal and interstate tripsState championship success

••••

Summary of Glenelg Golf Club Foundation Activities for �01�

JUNIOR DEVELOPMENT PROGRAM

INCOME

Donations: $3,094.00

Foundation Day: $23,480.00

Other Income: $4,525.00

EXPENDITURE

Junior Development: $11,497.00

Travel Expenses: $8,932.00

CURRENT BALANCE:

$33,480.00

took out the Golf SA Junior Open event in December. Lachlan also now holds the course record at Port Augusta Golf Club after shooting a 5-under 65 on his way to taking out their Open title in August.

Many of our juniors represented the state in various golf events during 2012.

Matilda Wheare, Jacqueline Walter, Sam Raschella, Josh Hayes, Mitch Taht and Lachlan Booth represented the winning SA team in the Cudmore Cheney and Border Matches against Victoria at Warnambool in January.

In addition to winning the Club Mixed Foursomes Championship in December with Anthony Olsen, Elysia Yap was named captain of the State Junior Girls’ Team which competed in the Junior Interstate Series in Queensland in April. Also included in the team were Amy Zhou and Christine Beasley. Lachlan Booth was a member of the victorious State Junior Boys’ Team, with Gareth Jones as coach. Elysia Yap and Amy Zhou were also

named in the Women’s State Team for the Interstate Series played at West Lakes Golf Club in May.

Jake Hurst represented the state in the Secondary Schools Interstate Series in August and Liam Kennewell was selected in the SA team which played in the School Sport Australia 12 and Under Golf Championships in NSW in November.

Once again, our junior program would not be the success it is without the assistance of a loyal band of volunteers, parents and Club staff. Paul Duregon continues to drive the program, and, with the support of the golf operations and administration teams, and backing from the Committee of Management and the Glenelg Golf Club Foundation, we continue to see our junior members develop as golfers and outstanding ambassadors for our Club.



CommitteeAt the Annual General Meeting in March, Geoff Gitsham was appointed President for a further 3-year term. Geoff’s loyalty to our Club is without question, and with his appointment to the Heritage Fund Sub Committee in August, he continues to provide dedicated service to the Club.

Jim Johnson finished his two-year term as Captain in March, and six years as a member of the Club’s Committee of Management. Jim was a driving force behind considerable change seen at the Club during his tenure and his legacy will continue to see benefits for members, particularly through changes made in the golf operations structure and food and beverage operations.

Kay Nyland and Sam Koukourou were re-elected to the Committee of Management at the Annual General Meeting along with new committee member, Bevan Roberts. Kay and Sam continue to provide excellent and knowledgeable service to the Committee of Management and Bevan has been able to bring a cool business mind and steadying influence to the group.

At the Women’s General Meeting in October, Anne Marks completed her term as Women’s Captain. Heather Waddy was appointed as the new Women’s Captain with Cathy Johnson Women’s Vice Captain.

We are very fortunate to have such a committed and capable Committee of Management. On behalf of the Club, I thank them for their support to the Club and to me over the past 12 months.

StaffChanges in personnel are a matter of life and the Club saw its fair share of staff movements during 2012.

Karen Steindorf left us in December after 18 years of loyal service in various food and beverage roles, most recently in 2010 replacing Martyn Kinsman as House Manager. Karen’s contribution over those

years, particularly as our highly regarded Functions Coordinator, was greatly appreciated and we wish her the best in the future as she continues to raise her young family.

In early January 2013, Marty Ardill was appointed as Karen’s replacement. With extensive experience in hospitality and management roles, Marty has worked for the Club in various capacities since April 2011, most recently as Assistant Bar Manager. Marty’s credentials, skills and experience are outstanding, as is his passion and vision for the Club and our food and beverage operations. We look forward to seeing many positive changes implemented under Marty’s management and leadership.

Lynn Paterson joined our team as Events Manager in August. She replaced Laura Swift who had been undertaking the role on a part-time basis for approximately 18 months. Lynn has been an outstanding addition to our team which has already seen an increase in wedding bookings for 2013 and 2014.

We welcomed Todd Williams and James Parisella to our course maintenance team in 2012. Todd, who remains one of our star junior members, joined the team as an apprentice greenkeeper, whilst James joined us in the mechanic role and has been instrumental in improving the efficiency of our course machinery fleet maintenance program. Steve Richards retired in January after more than 30 years of service and Troy Partridge left us to take up a dream role at Cable Beach Resort in Western Australia. Daryl Sellar and his team pride themselves on providing a learning environment for staff and this was further evidenced with one of our team, Simon Grieve, moving on to the position of Assistant Course Superintendent at Adelaide Shores Golf Club during the year.

Shane Robinson and his golf operations team have continued to provide outstanding service for members, and this was further enhanced with the

appointment of Matt Hickman to his team as Pro Shop Manager. Matt has brought considerable retail experience to the Pro Shop and this shows in both the stock levels and offerings available for members and guests. We encourage you to support Shane and his team and use their services when you are in need of new golfing equipment, accessories or apparel.

Our Administration team, led by General Manager, David Brand, consistently provides friendly and efficient service for members and guests. Anthony Olsen has taken to his role as Membership & Marketing Manager with enthusiasm, bringing in additional business and revenue streams to assist the Club’s financial position. Carly Clough continues to provide timely and accurate financial reporting for the Club, and she is ably supported by Cathy Symons and Kerry Crossman in other administrative roles.

At the SA Golf Industry Awards Night held at Adelaide Oval in October, Kerry Crossman won the Golf Management Australia (SA Division) Employee of the Year award. This was a timely and well deserved accolade for Kerry, who has given unwavering and loyal service to the Club for 10 years.

Member and SupportersOnce again, the Club could not operate effectively without the support and assistance received from a long list of sponsors and volunteers.

Glenelg has had a very long and proud history of volunteers and supporters with members always willing to give up their own time to assist in the running of the Club. There are many who help to deliver a quality experience and service to members, and it would be remiss of us not to thank them. However, they are too many to name, but too valuable to ignore.

Thank you everybody for your invaluable assistance throughout 2012.

Players in the game

ObituaryWe acknowledge the following

members who passed away during

2012:

John English (late 2011)

Bob Ford

Colin Churchett

Brian Mathias

James Bradley

John Prendergast

Lew Duncan

Lance Poulson

Bill Persse

May they rest in peace.

We extend our deepest sympathy to

relatives and friends.

•

•

•

•

•

•

•

•

•

In conclusion, 2012 was a year of focus and consolidation.

We achieved our stated goals of turning around our food and beverage operations and adhering to our debt reduction program.

On the course, the new starting system initiatives have been successful and the two-tee system on Saturdays has resulted in pace of play improvements adding to greater enjoyment.

Times are changing, and the competition in today’s challenging economic world and the fight for the leisure dollar and time, is intense.

Our gameplan is set.

We have a great team and an unpararelled mix of course, clubhouse facilities and member value offerings suitably complemented by friendly members.

In short, your Committee of Management and staff are passionate about ensuring excellence in all aspects of the Club to ensure your overall golfing experience is always memorable and we are acclaimed as having the best all round package in our great state.

The 19th

Tony Martin Club Captain


GLENELG GOLF CLUB INCORPORATED

AND CONTROLLED ENTITY

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 DECEMBER 2012

Note Consolidated Golf Club

2012 2011 2012 2011

$ $ $ $

NET INCOME

Membership

Subscriptions 1,832,739 1,869,775 1,832,739 1,869,775

Entrance Fees 226,713 252,142 226,713 252,142

Infrastructure Levy 299,145 319,947 299,145 319,947

Land Tax Levies - - - -

Bag & Buggy Storage 47,263 39,210 47,263 39,210

Locker Fees 14,927 14,250 14,927 14,250

2,420,787 2,495,324 2,420,787 2,495,324

Golf Operations

Competition Fees 66,562 63,948 66,562 63,948

Green Fees 384,658 341,573 384,658 341,573

Cart Hire 69,582 58,821 69,582 58,821

Range Income 38,655 40,025 38,655 40,025

Affiliation Fees (107) (286) (107) (286)

Trophies (43,620) (51,955) (43,620) (51,955)

Professional Retainer (115,008) (43,752) (115,008) (43,752)

Depreciation (25,225) - (25,225) -

Other Golf Operations Expenses (119,247) (134,932) (119,247) (134,932)

256,250 273,442 256,250 273,442

Bar

Sales 867,332 821,490 867,332 821,490

Less Cost of Goods Sold (336,410) (334,967) (336,410) (334,967)

Gross Profit 530,922 486,523 530,922 486,523

Less Expenditure

Salaries and Associated Costs (368,209) (394,676) (368,209) (394,676)

Replacements and Repairs (3,765) (5,437) (3,765) (5,437)

Other Expenses (30,366) (33,954) (30,366) (33,954)

Depreciation (6,904) (4,741) (6,904) (4,741)

121,678 47,715 121,678 47,715

Catering

Sales 1,188,643 1,114,275 1,188,643 1,114,275

Less Cost of Goods Sold (467,964) (438,348) (467,964) (438,348)

Gross Profit 720,679 675,927 720,679 675,927

Less Expenditure

Salaries and Associated Costs (572,304) (626,780) (572,304) (626,780)

Laundry (23,882) (22,503) (23,882) (22,503)

Replacements and Repairs (8,384) (11,776) (8,384) (11,776)

Cleaning Materials (6,756) (5,288) (6,756) (5,288)

Stationery and Advertising (4,811) (7,162) (4,811) (7,162)

Other Expenses (25,207) (29,871) (25,207) (29,871)

Depreciation (13,004) (11,314) (13,004) (11,314)

66,331 (38,767) 66,331 (38,767)

Other Income

Catering Levy forfeited 55,822 57,046 55,822 57,046

Contributed Asset 2 - 342,213 - 342,213

Interest Received 19,006 4,506 19,006 4,506

Phone Tower 44,159 42,057 44,159 42,057

Miscellaneous 40,445 20,792 40,445 20,792

159,432 466,614 159,432 466,614

TOTAL NET INCOME 3,024,478 3,244,328 3,024,478 3,244,328

The accompanying notes form part of these accounts




STATEMENT OF COMPREHENSIVE INCOME



2012 2011 2012 2011

$ $ $ $

EXPENDITURE

Administration and Support Services

Salaries and Associated Costs 402,253 426,010 402,253 426,010

Audit Fees 8,700 8,500 8,700 8,500

Advertising 27,463 33,577 27,463 33,577

Depreciation 21,328 19,930 21,328 19,930

Finance Costs 176,550 212,125 176,550 212,125

Bank Charges & Merchant Fees 56,473 41,471 56,473 41,471

Insurance 33,086 34,686 33,086 34,686

Postage, Printing and Stationery 26,649 32,901 26,649 32,901

Telephone 15,076 12,875 15,076 12,875

Council Rates 39,852 37,782 39,852 37,782

Legal and Consulting 1,686 6,540 1,686 6,540

Travel and Accommodation - 3,715 - 3,715

Computer Consumables and Maintenance 27,978 27,671 27,978 27,671

Other Administration Expenses 37,097 49,512 37,097 49,512

874,191 947,295 874,191 947,295

Course

Salaries and Associated Costs 841,279 851,261 841,279 851,261

Maintenance 148,687 201,556 148,687 201,556

Power 64,224 40,207 64,224 40,207

Refurbishment 35,122 7,577 35,122 7,577

Irrigation 24,160 24,830 24,160 24,830

Landscape Maintenance 20,895 20,573 20,895 20,573

RIVAP 1,418 921 1,418 921

Machinery 68,221 80,787 68,221 80,787

ASR Expenses 17,426 23,360 17,426 23,360

Other Expenses 50,082 55,568 50,082 55,568

Depreciation 396,329 402,707 396,329 402,707

1,667,843 1,709,347 1,667,843 1,709,347

House

Laundry 10,161 14,278 10,161 14,278

Repairs and Maintenance 42,796 32,971 42,796 32,971

Contract Cleaning 96,347 96,750 96,347 96,750

Light, Power and Water 106,821 88,016 106,821 88,016

Other House Expenses 26,533 27,587 26,533 27,587

Depreciation 203,193 200,056 203,193 200,056

485,851 459,658 485,851 459,658

Other Expenses

(Profit)/Loss on Sale of Fixed Asset (20,050) (1,344) (20,050) (1,344)

Impairment of Financial Asset 5a - - - -

Pro-Shop Operations - 76,979 - 76,979

(20,050) 75,635 (20,050) 75,635

TOTAL EXPENDITURE 3,007,835 3,191,935 3,007,835 3,191,935

NET SURPLUS / (DEFICIT) 16,643 52,393 16,643 52,393

Other Comprehensive Income - - - -

TOTAL COMPREHENSIVE INCOME FOR YEAR 16,643 52,393 16,643 52,393

TOTAL COMPREHENSIVE INCOME 16,643 52,393 16,643 52,393

ATTRIBUTABLE TO EQUITY




STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2012


2012 2011 2012 2011

$ $ $ $

CURRENT ASSETS

Cash & Cash Equivalents 3 193,400 179,781 193,400 179,781

Trade & Other Receivables 4 129,356 94,560 129,356 94,560

Other Current Assets 90,473 65,432 90,473 65,432

Inventories 131,256 107,733 131,256 107,733

Total Current Assets 544,485 447,506 544,485 447,506

NON-CURRENT ASSETS

Financial Assets 5 16,500 16,500 625,933 625,933

Property, Plant and Equipment 6 7,480,749 7,799,201 6,852,048 7,170,500

Total Non-Current Assets 7,497,249 7,815,701 7,477,981 7,796,433

TOTAL ASSETS 8,041,734 8,263,207 8,022,466 8,243,939

CURRENT LIABILITIES

Trade & Other Payables 7 353,689 266,755 353,626 266,692

Short-Term Provisions 8a 149,217 154,808 149,217 154,808

Short-Term Borrowings 9a 1,282,565 2,354,194 1,282,565 2,354,194

Other Current Liabilities 11 411,416 374,751 411,416 374,751

Total Current Liabilities 2,196,887 3,150,508 2,196,824 3,150,445

NON-CURRENT LIABILITIES

Long-Term Provisions 8b 116,438 113,724 116,438 113,724

Long-Term Borrowings 9b 1,546,422 833,631 1,546,422 833,631

Total Non-Current Liabilities 1,662,860 947,355 1,662,860 947,355

TOTAL LIABILITIES 3,859,747 4,097,863 3,859,684 4,097,800

NET ASSETS 4,181,987 4,165,344 4,162,782 4,146,139

EQUITY

Retained Earnings 4,153,740 4,137,097 4,162,782 4,146,139

Outside Equity Interests in controlled entity 28,247 28,247 - -

TOTAL EQUITY 4,181,987 4,165,344 4,162,782 4,146,139





STATEMENT OF CHANGES IN EQUITY


Retained Outside Equity Total

Earnings Interest

$ $ $

Consolidated Entity

Balance at 1 January 2012 4,137,097 28,247 4,165,344

Profit attributable to members of controlling entity 16,643 - 16,643

Balance at 31 December 2012 4,153,740 28,247 4,181,987

Controlling Entity

Balance at 1 January 2012 4,146,139 - 4,146,139


Balance at 31 December 2012 4,162,782 - 4,162,782

Year End 2011

Consolidated Entity

Balance at 1 January 2011 4,084,704 28,247 4,112,951


Balance at 31 December 2011 4,137,097 28,247 4,165,344

Year End 2011

Controlling Entity

Balance at 1 January 2011 4,093,746 - 4,093,746

Profit attributable to members ofcontrolling entity 52,393 - 52,393

Balance at 31 December 2011 4,146,139 - 4,146,139




STATEMENT OF CASH FLOWS


Note Consolidated

2012 2011 2012 2011

$ $ $ $

CASH FLOWS FROM OPERATING

ACTIVITIES

Bar and Catering Sales 2,055,975 1,935,765 2,055,975 1,935,765

Subscriptions and Entrance Fees 2,385,991 2,634,305 2,385,991 2,634,305

Green Fees and Competition Fees 559,457 504,367 559,457 504,367

Payments to Suppliers and Employees (4,284,374) (4,418,128) (4,284,374) (4,418,128)

Interest Paid (176,550) (212,125) (176,550) (212,125)

Donations, Fundraising and Other Sundry Receipts 159,432 466,614 159,432 466,614

NET CASH INFLOW FROM OPERATING

ACTIVITIES 12 699,931 910,798 699,931 910,798

CASH FLOWS FROM INVESTING

ACTIVITIES

Payments for Property, Plant and Equipment (349,383) (651,963) (349,383) (651,963)

Proceeds from Sale of Property, Plant and Equipment 21,909 15,182 21,909 15,182

Conversion of cash deposit to equity in investment - - - -

NET CASH (OUTFLOW) FROM

INVESTING ACTIVITIES (327,474) (636,781) (327,474) (636,781)

Golf Club

CASH FLOWS FROM FINANCING

ACTIVITIES

Repayment of Borrowing (121,638) (111,763) (121,638) (111,763)

Additional Lease Established 62,800 - 62,800 -

Repayment of Bank Loan (300,000) (150,000) (300,000) (150,000)

Debentures Repaid - - - -

NET CASH PROVIDED INFLOW (OUTFLOW)

FROM FINANCING ACTIVITIES (358,838) (261,763) (358,838) (261,763)

NET INCREASE / (DECREASE) IN CASH HELD 13,619 12,254 13,619 12,254

Cash at Beginning of Year 179,781 167,527 179,781 167,527

Cash at End of Year 3 193,400 179,781 193,400 179,781




NOTES TO AND FORMING PART OF THE ACCOUNTS


NOTE 1 - STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES

The financial report is a general purpose financial report that has been prepared in accordance with Australian

Accounting Standards, Australian Accounting Interpretations, other authoritative pronouncements of the

Australian Accounting Standards Board and the requirements of the Associations Incorporations Act of South Australia.

The financial report covers the consolidated entity of Glenelg Golf Club Inc as the individual controlling entity and

the controlled entity, Glenelg Golf Links Limited.

The financial report of Glenelg Golf Club Inc and the controlled entity and Glenelg Golf Club Inc as an individual

controlling entity comply with all Australian equivalents to International Financial Reporting Standards (IFRS) in

their entirety except where compliance is not mandatory for non-corporate entities.

The following is a summary of the material accounting policies adopted by the consolidated entity in preparation of the

financial report. The accounting policies have been consistently applied unless otherwise stated.

The financial report has been prepared on an accrual basis and is based on historical costs and does not take into

account changing money values or, except where stated, current valuations of non-current assets. Cost is based on

the fair values of the consideration given in exchange for assets. Unless otherwise stated, the accounting policies adopted

are consistent with those of the previous year.

Certain new accounting standards and interpretations have been published that are not mandatory for 31 December 2012

reporting periods. The consolidated entity's assessment is that there will be no impact from these new standards

and interpretations.

a) Principles of Consolidation

The Club controls the share capital of Glenelg Golf Links Limited. The consolidated accounts incorporated the assets

and liabilities of Glenelg Golf Links Limited as at 31 December 2012 and the results of the Company for the period

then ended. The effects of all transactions between the Club and the Company are eliminated in full. Outside equity

interests in the results and group equity are shown separately in the consolidated profit and loss account and balance

sheet respectively.

The cost of acquiring shares in Glenelg Golf Links Limited have been accounted for as an interest in the land owned by

that company and reflected accordingly.

b) Financial Instruments

Financial instruments are initially measured at cost on trade date, which includes transaction costs, when the related

contractual rights or obligations exist. Subsequent to initial recognition these instruments are measured as set

out below:

Available-for-sale financial assets

Available-for-sale financial assets include any financial assets that are not considered to be "loans and

receivables" or held for selling in the short term.

Available-for-sale financial assets are reflected at fair value. Where fair value cannot be reliably estimated, the

asset is stated at its initial cost. Unrealised gains and losses arising from changes in fair value are taken directly

to equity.

Financial Liabilities

Non-derivative financial liabilities are recognised at amortised cost, comprising original debt less principal payments

and amortisation.





c) Property, Plant and Equipment

Each class of property, plant and equipment is carried at cost less, where applicable, any accumulated depreciation and

impairment losses.

Property

Freehold land is shown at cost. Building is shown at cost less any accumulated depreciation and impairment losses.

Plant and Equipment

The depreciable amount of all fixed assets including building, but excluding freehold land, is depreciated on a straight

line basis over their useful lives to the consolidated entity commencing from the time the asset is held ready for use.

The depreciation rates for each class of depreciable assets are based on the following estimated useful lives, expressed in years:

Category Useful Lives

Administration furniture and fittings 5-11

Bar plant and equipment 8-11

Catering plant and equipment 7-11

Clubhouse building 40-50

Clubhouse other 7-11

Course buildings 4-25

House plant and equipment 8-11

Motor vehicles 4-5

Office equipment 5-7.5Office equipment 5-7.5

Course plant and equipment 4-11

Entrance road 15

d) Impairment of Assets

At each reporting date, the Committee of Management reviews the carrying values of its assets to determine whether there is

any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being

the higher of the asset's fair value less costs to sell and value in use, is compared to the asset's carrying value.

Any excess of the asset's carrying value over its recoverable amount is expensed to the income statement.

Where it is not possible to determine the recoverable amount of an individual asset, the Committee of Management estimates

the recoverable amount of the cash-generating unit to which the asset belongs.






e) Employee Benefits

Provision is made for the association's liability for employee benefits arising from services rendered by employees to

balance date. Employee entitlements expected to be settled within one year together with entitlements arising from

wages and salaries, annual leave and long service leave which will be settled after one year, have been measured at their

nominal amount. Other employee entitlements payable later than one year have been measured at the present value of

the estimated future cash outflows to be made for those entitlements.

f) Subscription Income

Members subscriptions are included as income in the year the invoice is raised. Subscription year is from April of the current

year to March of the following year. Any subscription fees invoiced for the quarter of January to March of the following year

is recognised as income of the current year. This has been treated consistently from year to year.

g) Income Tax

The Club is exempt from Income Tax in accordance with Section 50-5 of the Income Tax Assessment Act, 1997.

h) Inventories

Inventories are measured at the lower of cost and net realisable value.

i) Course Redevelopment Expenditure

Expenditure incurred on redevelopment of the course is charged to operating profit as incurred.

j) Construction - Work In Progress

Construction work in progress is stated at the aggregate of contract costs incurred to date.

k) Cash and cash equivalents

Cash and cash equivalents include cash on hand, deposits held at call with banks, other short-term highly liquid investments

with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within short-term borrowings

in current liabilities on the balance sheet.

l) Comparative Figures

When required by Accounting Standards, comparative figures have been adjusted to conform to changes in presentation

for the current financial year.

NOTE 2 - CONTRIBUTED ASSET

In February 2011 ownership and control of the Aquifer Storage & Recharge (ASR) project was handed over to Glenelg Golf Club Inc.

Prior to this all management and maintenance was performed through the NRM board, to which the Club contributed approximately

one third of all associated costs.

In order to bring this asset to account a "Contributed Asset" income has been recognised, and this amount has been brought to

Asset register in addition to amounts previously incurred.

This asset has been treated according to our asset policy where earthworks and landscaping costs are not capitalised. Therefore while

the project was significantly greater in value than the recognised "Contributed Asset" the amount shown is the balance of what

is deemed to be capital works.





2012 2011 2012 2011

$ $ $ $

NOTE 3 - CASH & CASH EQUIVALENTS

Cash at Bank 181,389 169,441 181,389 169,441

Cash on Hand 12,011 10,340 12,011 10,340

193,400 179,781 193,400 179,781

The effective interest rate on short-term bank deposits was 7.76% (2011: 8.66%); these deposits have an average maturity of 20 days.

Reconciliation of Cash

Cash at the end of the financial year as shown in the statement of cash flows is reconciled to items in the balance sheet as follows:

Cash & Cash Equivalents 193,400 179,781 193,400 179,781

NOTE 4 - TRADE & OTHER RECEIVABLES

Subscription Debtors 20,405 24,920 20,405 24,920

Sundry Debtors 48,858 12,139 48,858 12,139

GST Input Tax Credits 60,093 57,501 60,093 57,501

129,356 94,560 129,356 94,560

NOTE 5 - FINANCIAL ASSETS

Available for sale financial assets comprise of:

Shares - Glenelg Golf Links Ltd - - 608,328 608,328

Premium Income Fund 16,500 16,500 16,500 16,500

Provision for Impairment - Premium Income Fund - - - -

Loan - Glenelg Golf Links Ltd - - 1,105 1,105

Total Financial Assets 16,500 16,500 625,933 625,933

(a) The Club has an investment in the following:

250,000 units in the Premium Income Fund, which is a managed investment schememanaged by Wellington Capital; and

250,000 shares in Asset Resolution Limited.

Whilst the Premium Income Fund is listed, the shares in ARL are not, so an exact carrying value is not available, so there has been

no adjustment for impairment ($150,000 in 2009, $83,500 in 2010, nil in 2011).

The Fund paid a total of cash disbursements of $5,250 in 2012 in two instalments ($5,000 in 2011), which has been included in

miscellaneous income as part of the Statement of Comprehensive Income.






2012 2011 2012 2011

$ $ $ $

NOTE 6 - PROPERTY, PLANT AND EQUIPMENT

Freehold land 628,704 628,704 - -

Clubhouse 6,017,068 6,010,017 6,017,068 6,010,017

Less Accumulated Depreciation (1,237,318) (1,064,442) (1,237,318) (1,064,442)

4,779,750 4,945,575 4,779,750 4,945,575

Clubhouse Plant and Equipment 303,767 275,010 303,767 275,010

Less Accumulated Depreciation (245,680) (215,412) (245,680) (215,412)

58,087 59,598 58,087 59,598

Course Buildings 330,818 221,829 330,818 221,829


167,922 85,685 167,922 85,685

Administration Plant and Equipment 260,560 234,410 260,560 234,410


31,116 26,293 31,116 26,293

Bar Plant and Equipment 143,982 133,883 143,982 133,883


19,789 16,592 19,789 16,592

Catering Plant and Equipment 249,982 236,802 249,982 236,802


36,143 34,945 36,143 34,945

Motor Vehicles 136,805 131,573 136,805 131,573


59,511 21,663 59,511 21,663

Course Plant and Equipment 4,235,196 4,154,024 4,221,983 4,140,811

Less Accumulated Depreciation (2,633,663) (2,296,160) (2,620,447) (2,282,944)

1,601,533 1,857,864 1,601,536 1,857,867

Entrance Road 273,697 273,697 273,697 273,697


74,769 92,296 74,769 92,296

Capital Improvements 1,163 1,163 1,163 1,163

Less Accumulated Depreciation (839) (791) (839) (791)

324 372 324 372

Range Assets 35,821 34,835 35,821 34,835


23,101 29,614 23,101 29,614

TOTAL PROPERTY, PLANT AND EQUIPMENT 7,480,749 7,799,201 6,852,048 7,170,500




NOTE 6 - PROPERTY, PLANT AND EQUIPMENT (CONT.)

b) Movement in Carrying amount

Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of

the current financial year.

Golf Club

Carrying

amounts at 1

January 2012 Additions Disposals

Contributed

Asset Depreciation

Write Back of

Accumulated

Depreciation

Carrying

amount at 31

December

2012

Clubhouse 4,945,575 7,051 - - (172,876) - 4,779,750

Clubhouse Plant & Equipment 59,598 28,757 - - (30,268) - 58,087

Course Buildings 85,685 108,989 - - (26,752) - 167,922

Administration Plant & Equipment 26,293 26,150 - - (21,327) - 31,116

Bar & Plant Equipment 16,592 10,099 - - (6,902) - 19,789

Catering Plant & Equipment 34,945 14,544 (1,364) - (13,003) 1,021 36,143

Motor Vehicles 21,663 57,090 (51,858) - (17,726) 50,342 59,511

Course Plant & Equipment 1,857,867 95,717 (14,545) - (352,048) 14,545 1,601,536

Entrance Road 92,296 - - - (17,527) - 74,769

Range Assets 29,614 986 - - (7,499) - 23,101

Capital Improvements 372 - - - (48) - 324

7,170,500 349,383 (67,767) - (665,976) 65,908 6,852,048

Consolidated Entity

Carrying

amounts at 1

January 2012 Additions Disposals

Contributed

Asset Depreciation

Write Back of

Accumulated

Depreciation

Carrying

amount at 31

December

2012

Freehold Land 628,704 - - - - - 628,704

Clubhouse 4,945,575 7,051 - - (172,876) - 4,779,750

Clubhouse Plant & Equipment 59,598 28,757 - - (30,268) - 58,087

Course Buildings 85,685 108,989 - - (26,752) - 167,922

Administration Plant & Equipment 26,293 26,150 - - (21,327) - 31,116

Bar & Plant Equipment 16,592 10,099 - - (6,902) - 19,789

Catering Plant & Equipment 34,945 14,544 (1,364) - (13,003) 1,021 36,143

Motor Vehicles 21,663 57,090 (51,858) - (17,726) 50,342 59,511

Course Plant & Equipment 1,857,864 95,717 (14,545) - (352,048) 14,545 1,601,533

Entrance Road 92,296 - - - (17,527) - 74,769

Range Assets 29,614 986 - - (7,499) - 23,101

Capital Improvements 372 - - - (48) - 324

7,799,201 349,383 (67,767) - (665,976) 65,908 7,480,749

c) Impairment Losses

Total impairment loss recognised in the income statement during the year is nil.





Consolidated Golf Club

2012 2011 2012 2011

$ $ $ $

NOTE 7 - TRADE & OTHER PAYABLES

Trade Creditors 270,623 172,588 270,623 172,588

Other Creditors 83,066 94,167 83,003 94,104

353,689 266,755 353,626 266,692

NOTE 8 - PROVISIONS

(a) SHORT-TERM PROVISIONS

Annual Leave

Opening Balance 154,808 138,791 154,808 138,791

Additional Provisions Raised 124,087 98,508 124,087 98,508

Amounts Used (129,678) (82,491) (129,678) (82,491)

149,217 154,808 149,217 154,808

(b) LONG-TERM PROVISIONS

Long Service Leave

Opening Balance 113,724 92,424 113,724 92,424

Additional Provisions Raised 26,369 40,892 26,369 40,892

Amounts Used (23,655) (19,592) (23,655) (19,592)

116,438 113,724 116,438 113,724

NOTE 9 - BORROWINGS

(a) SHORT-TERM BORROWINGS

Bank Loan 1,200,000 2,250,000 1,200,000 2,250,000

Hire Purchase 82,565 104,194 82,565 104,194

1,282,565 2,354,194 1,282,565 2,354,194

(b) LONG-TERM BORROWINGS

Bank loan 1,500,000 750,000 1,500,000 750,000

Hire Purchase 45,422 82,631 45,422 82,631

Debentures 1,000 1,000 1,000 1,000

1,546,422 833,631 1,546,422 833,631

The Club has a loan facility of $3,450,000 which are secured by registered mortgages over land owned by Glenelg Golf Links Limited.

At 31 December 2012, $2,700,000 of the Club's facility was utilised ($3,000,000 in 2011).

$1,200,000 of the loan facilities is offset for interest purposes by the balance held in the Club's transaction account. Which means the

interest on the $1,200,000 is only payable once the balance on hand falls below $1,200,000.

While it is noted that some of the Club's debt has become payable within the next 12 months, it is intended that a portion of this debt

facility be finalised in 2013.




Consolidated

2012 2011 2012 2011

$ $ $ $

NOTE 10 - CAPITAL & LEASING COMMITMENTS

Hire Purchase Lease Commitments

Payable - minimum lease payments

not later than 12 months 93,910 118,777 93,910 118,777

between 12 months & 5 years 52,544 96,275 52,544 96,275

greater than 5 years - - - -

Minimum Lease Payments 146,454 215,052 146,454 215,052

Less Future Finance Charges (18,467) (44,022) (18,467) (44,022)

Present Value of Minimum Lease Payments 127,987 171,030 127,987 171,030

Operating Lease Commitment - Toro Equipment

Payable - minimum lease payments

not later than 12 months 16,573 - 16,573 -

between 12 months & 5 years 40,051 - 40,051 -

Minimum Lease Payments 56,624 - 56,624 -

NOTE 11 - OTHER CURRENT LIABILITIES

Catering Deposits 25,800 37,270 25,800 37,270

Green Fee Deposits 18,500 17,790 18,500 17,790

Catering levy unabsorbed 149,423 123,701 149,423 123,701

Wallet account 23,872 23,669 23,872 23,669

Trophy account 32,108 37,658 32,108 37,658

PAYG Tax 32,894 27,032 32,894 27,032

Sundry - - - -

GST Payable 89,951 88,136 89,951 88,136

Foundation 38,868 19,495 38,868 19,495

411,416 374,751 411,416 374,751

NOTE 12 - RECONCILIATION OF CASH FLOW FROM OPERATIONS WITH PROFIT

FROM OPERATING ACTIVITIES

PROFIT FROM ORDINARY ACTIVITIES 16,643 52,393 16,643 52,393

Non cash flows in profit from ordinary activities

Depreciation 665,976 666,346 665,976 666,346

Impairment of Financial Asset - - - -

Provision for Employee Benefits (2,877) 37,317 (2,877) 37,317

(Profit)/Loss on Sale of Non Current Assets (20,050) (1,344) (20,050) (1,344)

Changes in Assets and Liabilities

(Increase)/Decrease in Debtors (34,796) 138,981 (34,796) 138,981

Movement in Loans to Glenelg Golf Links - - - -

Increase/(Decrease) in Trade Creditors and Accrued Expenses 123,599 43,505 123,599 43,505

(Increase)/Decrease in Prepayments (25,041) (42,033) (25,041) (42,033)

(Increase)/Decrease in Stock (23,523) 15,633 (23,523) 15,633

NET CASH INFLOW FROM OPERATING ACTIVITIES 699,931 910,798 699,931 910,798

Golf Club





NOTE 13 - FINANCIAL INSTRUMENTS

(a) Interest Rate Risk

The Club's exposure to interest rate risk, which is the risk that a financial instrument's value will fluctuate as a result of changes

in market interest rates and the effective weighted average on those financial assets and liabilities, is as follows:

2012 2011 2012 2011 2012 2011 2012 2011

% % $ $ $ $ $ $

Financial Assets

Cash at Bank 7.76 8.66 181,389 169,441 - - - -

Cash on Deposit - -

181,389 169,441 - - - -

Financial Liabilities

Borrowings 6.14 7.07 - - 1,282,565 2,354,194 1,546,422 833,631

- - 1,282,565 2,354,194 1,546,422 833,631

While it is noted that some of the Club's debt has become payable within the next 12 months, it is intended that a portion

of this debt facility will be finalised in 2013.

(b) Credit Risk

The maximum exposure to credit risk, excluding the value of any collateral or other security, at balance date to recognised

financial assets is the carrying amount, net of any provisions for doubtful debts, as disclosed in the Balance Sheet and notes to the

financial statements.

(c) Net Fair Values

The aggregate net fair values and carrying amounts of financial assets and financial liabilities are not materially different

from those disclosed in the Balance Sheet and in the notes to and forming part of the accounts.

(d) The Club has performed a sensitivity analysis relating to its exposure to interest rate risk at balance date. The sensitivity

analysis demonstrates the effect on the current year results and equity which could result from a change in these risks.

At 31 December 2012, the effect on profit and equity as a result of changes in the interest rate, with all other variables

remaining constant would be as follows:

2012 2011 2012 2011

$ $ $ $

Change in Profit

Increase in the interest rate by 2% (56,580)$ (63,756)$ (56,580)$ (63,756)$

Decrease in the interest rate by 2% 56,580$ 63,756$ 56,580$ 63,756$

Change in Equity

Increase in the interest rate by 2% (56,580)$ (63,756)$ (56,580)$ (63,756)$

Decrease in the interest rate by 2% 56,580$ 63,756$ 56,580$ 63,756$

NOTE 14 - AUDITOR'S REMUNERATION

Remuneration of the auditor of the parent entity for:

Auditing & Reviewing the financial report 8,700 8,500 8,700 8,500

8,700 8,500 8,700 8,500

Within 1 Year 1 to 5 Years

Fixed Interest

Rate Maturing

Consolidated Golf Club

Floating

Interest

Rate

Weighted Average

Effective Interest

Rate




NOTE 15 - RELATED PARTIES

(a) The Club paid rent of $0 to Glenelg Golf Links Limited in which it has a majority shareholding, for use of the Golf Course

(2011 - $0).

(b) The names of the persons who were officers of Glenelg Golf Club Incorporated at any time during the year ended

31 December 2012 are as follows:

Anthony J. Martin (Captain) Elected March 2012

Gavan M. Fox (Vice Captain) Elected March 2012

Paul Duregon

Brett D. Jarrad

Sam Koukourou Re-Elected March 2012

Kay Nyland Re-Elected March 2012

Gerard P. O'Brien

Bevan Roberts Elected March 2012

Neil J. Johnson Term Completed March 2012

During the year the following related party transactions occurred:

1 Paul Duregon's company received payments under normal commercial conditions for maintenance works performed

by PASA Building sub-contractors.

NOTE 16 - CONTINGENT LIABILITIES

The Club's objection to the land tax assessment for 2011/12 was upheld and therefore no expense or accrual has been recognised

in relation to 2012/13 land tax. The Club understands that Revenue SA intends to review the eligibility for an exemption from

land tax at the end of each financial year.

NOTE 17 - AFTER BALANCE DATE EVENTS

No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect

the operations of the entity, the results of those operations, or the state of affairs of the entity in future financial years.

NOTE 18 - ASSOCIATION DETAILS

The principal place of business of the association is 20-118 James Melrose Road, Novar Gardens.





NOTE 19 - CAPITAL EXPENDITURE COMMITMENTS

$

Capital expenditure commitments contracted for:

Plant & Equipment Purchases -

Capital Expenditure Projects -

-

Payable:

not later than 12 months -

between 12 months and five years -

greater than 5 years -

-

The committee members control the capital of the Club in order to maintain a good debt-to-equity ratio and to ensure that the

Club can fund its operations to continue as a going concern.

The Club's debt and capital includes financial liablities, supported by financial assets.

There are no externally imposed capital requirements.

The committee members effectively manage the Club's capital by assessing the Club's financial risks and adjusting its capital structure

in response to changes in these risks and in the market. The responses include the management of debt levels.

There have been no changes in the strategy adopted by management to control the capital of the Club since the prior year. This

strategy is to ensure that there is sufficient cash to meet trade and sundry payables and borrowings.

2012 2011

NOTE 20 - CONTROLLED ENTITIES

Country of

Incorporation

Parent Entity

Glenelg Golf Club Inc Australia

Subsidiary

Glenelg Golf Links Ltd Australia 62 62

*percentage of voting power in proportion to ownership

Percentage owned (%)*


STATEMENT BY COMMITTEE

In the opinion of the Committee of Management of Glenelg Golf Club Incorporated: (a) The attached consolidated statements of Glenelg Golf Club Incorporated, comprising the balance sheet, income statement, statement of

changes in equity, statement of cash flows and notes to the financial statements for the year ended 31 December 2012 are, in our opinion, properly drawn up so as to give a true and fair view of the state of affairs of the Club and the consolidated entity as at 31 December 2012, and of their results for the year then ended.

(b) At the date of this statement there are reasonable grounds to believe that the Club will be able to pay its debts as and when they fall due. The accounts have been made out in accordance with applicable Accounting Standards. In accordance with section 35(5) of the Associations Incorporations Act, 1985, the Committee of Glenelg Golf Club Incorporated hereby states that during the financial year ended 31 December 2012:

1. Paul Duregon's company received payments under normal commercial conditions for maintenance works performed by PASA Building

sub-contractors.

This report is made in accordance with a resolution of the Committee of Management and signed by two Members of the Committee. Dated this 29th day of January, 2013. TONY MARTIN GAVAN FOX Captain Vice Captain


James Melrose Road NOVAR GARDENS SA 5040

Phone: (08) 8295 3793 Fax: (08) 8294 8894

[email protected]

2012 Annual report

Documents

enjoyment of golf

quality golf course

sustainable golf course

junior country

interestsannual report

expectations of members

outgoing captain

pga member