ACBC Victoria AGM 2015 Thursday 19 November 2015 Investment Centre Level 46, 55 Collins Street, Melbourne.

ACBC Victoria AGM 2015

Thursday 19 November 2015

Investment Centre

Level 46, 55 Collins Street, Melbourne

AGMOrder of Proceedings1. President’s Welcome, Apologies, Proxies

2. Approval of Minutes of 2014 AGM

3. President’s Report

4. Results FY 2015

5. Election of Victorian Committee Members

6. Election of Office Bearers

7. Acknowledgements

8. Other Business/Concluding Remarks

President’s Report

ACBC Staff 2015

Virginia Birrell Chief Executive Officer

Carl Jetter Business Development Manager

Cindy Zhang Administration Manager

Alex Pascoe Communications Officer (part time)

Katie van Wetering Communications Officer (part time)

Lin Lin Lu Membership Coordinator (part time)

James Scullin Regional Development Project Manager (part time)

ACBC VIC Events

Prime Minister’s Speech at the ChAFTA DinnerPrime Minister’s Speech at the ChAFTA Dinner

ACBC VIC EventsOver 60 events in 2015 attracted 3,600+ attendees

• Conversations, Briefings and Seminars• Forums or Luncheons• Networking Business Drinks• Inbound Delegation Visits• Partnership Events• Regional Events

Some highlights include:• Infant Formula luncheon, 3 March• Trade Report Launch, 8 April• ChAFTA Forum, 28 April• Premier's Dinner at NGV, 19 May• Efic Seminar, 14 June• Australia China Health Summit, 11 August• Education Forum, 21 August• ChAFTA Dinner with Ambassador Ma, 29 September• China Social Marketing, 6 October• Changing Melbourne Skyline, 13 October• The Hon John Brumby’s Book Launch, 22 October• National President’s Corporate Boardroom luncheons

ACBC Victoria ‘Growing Business Opportunities

with China’ Regional Project

ACBC VIC Working Group Structure

ACBC VIC Strategic Relationships

ACBC VIC Sponsors

State Branch SponsorsRio Tinto $25,000

Gold SponsorsAsipac $20,000

Pitcher Partners $20,000

Silver SponsorEMR Capital $15,000

Facility Supporter

International Chamber House - Victorian Government

We appreciate the support of these organisations and thank them for their ongoing involvement with ACBC Victoria.

ACBC VIC SponsorsEvent Supporters

ANZ BankArnold Bloch LeiblerBank of Melbourne

DLA PiperGovernment House

Hall & WilcoxHerbert Smith Freehills

Holding RedlichJR Duty Free

Logie-Smith LanyonsMelbourne Language Centre and Stotts Colleges

Minter EllisonNational Australia Bank

Paragon Business GroupPark Hyatt

Pettaville WinesSingapore Airlines

Tabro MeatVictorian GovernmentZagame Automative

ACBC China Business Network website sponsor

Holding Redlich

We appreciate the support of these organisations and thank them for their ongoing involvement with ACBC Victoria.

ACBC VIC Membership

ACBC VICTORIA – Year on Year Membership Results

Members

Year to date Members

1 July 2015 - 30 October

2015

Members 2014-2015

Members 2013-2014

Members 2012-2013

Members 2011- 2012

Members 2010-2011

Corporate 25 53 54 49 52 45

Large 12 23 27 20 17 19

Medium 13 26 26 27 25 22

Small 62 173 149 123 93 94

Individual 0 3 5 6 2 9

Student 3 2 5 4 7 17

Total 115 280 266 229 196 206

ACBC VIC FY15 – Financial resultsProfit and Lossyear ended 30 June 2015

2015 2014Memberships subscriptions 213,998 216,696Registration of functions/events 55,613 60,858Sponsorship 71,767 55,667Interest received 3,899 3,694Other income 48,681 51,017Total income 393,958 387,932Employee costs 194,539 197,176Function/event costs 17,225 61,826Consulting fees 41,196 31,370Office/other costs 130,338 56,755Total expenses 383,298 347,127

Net profit/loss 10,660 40,805

ACBC VIC FY15 – Financial resultsRegional Development Program of Victoria 2015 2014

RDV grant income 193,640 0

RDV expenses

Consulting fees 114,047 0

Travel costs 17,127 0

Employee costs 43,720 0

Function/event costs 11,105 0

Other costs 7,641 0

Total expenses 193,640 0

Net surplus/(deficiency) 0 0

ACBC VIC FY15 – Financial results

Balance sheet

as at 30 June 2015

2015 2014

Assets 211,023 233,031

Liabilities 79,667 112,295

Net Assets 131,356 120,736

ACBC VIC FY15 – Financial resultsProfit and Loss

Year ended 30 June 2016

BUDGET 2016 Actual 2015

Memberships subscriptions 266,275 213,998

Registration of functions/events 57,000 55,613

Sponsorship 70,000 71,767

Interest received 3,600 3,899

Other income 2,400 48,681

Total income 399,275 393,958

Employee costs 210,257 194,539

Function/event costs 39,900 17,225

Consulting fees 44,000 41,196

Office/other costs 106,488 130,338

Total expenses 400,645 383,298

Net surplus/(deficiency) -1,370 10,660

ACBC VIC Election of Victorian Committee MembersTitle First Name Surname Organisation/Company PositionMr Robin Chambers AO Chambers & Co Senior Partner

Mr Jason Chang EMR Capital Managing Director and CEO,

Mr David Chu ShineWing Australia Partner-International Liaison

Dr Mona Chung Cross Cultural Intl Principal Consultant

Mr Charles Curwen CVO OBE Office of the Governor Official Secretary

Mr Wilkin Fon Jeanswest Corporation Pty Ltd Director

Mr Ben Foskett Pathway Services Pty Ltd Director

Mr Michael Hanschen Point Polaris Associate Director

Ms Ying Hou KPMG Senior Manager Private Enterprise

Mr Liming Huang Corrs Chambers Westgarth Special Counsel

Mr David La Ferla Negotiaction Managing Director

Mr Tim Lu KPMG Director, China Business Practice

Mr Wayne Mo ANZ Director, Natural Resources Group

Ms Daphne Morros Rio Tinto Australia Chief Advisor Corporate Relations

Mr David Olsson King &Wood Mallesons China Practice Consultant

Mr Tom Parker Bastion S + GO General Manager, China Advisory

Mr Frank Paton Hunt & Hunt Lawyers Special Counsel

Ms Lisa Renkin Burnet Institute Head, China Program, Manager International InitiativesOffice for Business Development, Innovation and Research

Mr Theo Sakell Pitcher Partners Partner /Executive Director

Mr Bruce Sheng Asipac Group Chairman

Hon Ken Smith MLA China Solutions Director

Title First Name Surname Organisation/Company Position

Prof On Kit Tam RMIT University

Mr Damian Tkalec Melbourne Airport Special Counsel  (China) 

Mr Barry White Pro-EX Developments Director

Ms Celina Yu Global Business College of Australia College Manager

Australia China Business Council Nominations for 2015-2016 President, Vice Presidents and Treasurer

Position in ACBC

Title First Name Surname Organisation/Company Position

President Hon Ken Smith China Solutions DirectorVice President Mr Liming Huang Corrs Chambers Westgarth Special Counsel

Mr David La Ferla Negotiaction Managing DirectorMs Lisa Renkin Burnet Institute Head, China Program, Manager International Initiatives

Office for Business Development, Innovation and Research

Mr Bruce Sheng Asipac Group ChairmanProf On Kit Tam RMIT University  

Treasurer Ms Ying Hou KPMG Senior Manager Private Enterprise

ACKNOWLEDGEMENT OF SERVICEPresident, Jason Chang

andVice President, Ben Foskett

ACKNOWLEDGEMENT OF RETIRING MEMBERS

The Hon Richard Alston AOMr James GathercoleMr Jeremy Loeliger

Mr John Mollard

OTHER BUSINESSCONCLUDING REMARKS

CLOSE OF ANNUAL GENERAL MEETING

Thank You!