Join the Parramatta Football Club!!!!

[Gronk]

To be fair, there’s probably 50 blokes called Roy Spagnolo in this town.

Great wine and Italian food though.

I knew a 13 month old angus steer that was called Roy Spagnolo. You want to know what happened to him ? The same fate as the fast one who was called Jamie Lyon.

 

[hineyrulz]

Anyone got thoughts on the annual report??

I heard it looks pretty good for a small tin pot club with no money and no resources.

 

[MarkInTheStands]

Anyone got thoughts on the annual report??

I take it you want a quick breakdown of the financials

Revenue up $11m
Profit before tax up $5.5M
Yearly Profit up about $4M

Assets
Current Assests down $13.5M
No Current Assest Up $26M

Liabilities Up $2M

Loans owing down from $4.5M to $1.8M
$5M gain on amalgamation of Dural Country Club.

 

[MarkInTheStands]

So yeah the club made a $24M profit this year.

 

[hineyrulz]

Not bad for a year when we fought out the spoon.

 

[oldmancraigy]

I take it you want a quick breakdown of the financials

Revenue up $11m
Profit before tax up $5.5M
Yearly Profit up about $4M

Assets
Current Assests down $13.5M
No Current Assest Up $26M

Liabilities Up $2M

Loans owing down from $4.5M to $1.8M
$5M gain on amalgamation of Dural Country Club.

Thanks very much Mits - I was probably good on that front, more curious about any opinions on what may have been behind the corporate speak!!

On the financials - your thoughts on what Dural might contribute in the next reporting period? Am I right that it was being renovated much of the prior?
We might have a chance to be the top revenue club next time around?