by GWW » Thu Dec 20, 2018 12:47 pm
by Booney » Sun Dec 23, 2018 9:30 am
by daysofourlives » Sun Dec 23, 2018 2:34 pm
Booney wrote:The Port Adelaide Football Club has announced a net profit from continuing operations of $322,013 for the financial year ending 31 October 2018.
Whilst revenue from continuing operations increased by $1.093m (2%), profit from continuing operations decreased by $677,000 compared to the prior year, with the club continuing to prioritise football department spend.
Club Chairman David Koch reflected on a challenging year for Port Adelaide.
“This year our club continued its reputation as one of the best supported clubs in the league, with the fifth successive year of growth in membership, and we continued to advance our strategic push into China, with the positive execution of our second game in Shanghai, which has seen us underpin our commercial relationships with Shanghai Cred Real Estate and most recently, the Jincheng Group,” Mr Koch said.
“However, our inability to attract a second Joint Major Partner to accompany Oak on our jumper, and challenging local conditions in the second half of the year did limit our ability to maximise a promising start to season 2018.”
After taking into account depreciation and a series of one-time and restructuring costs, the club incurred a loss of $987,321 which was mitigated by a revaluation gain of $4,166,586 on its land and buildings, resulting in Port Adelaide Football Club reporting a Total Comprehensive Income of $3,179,265, increasing the net asset position of the club to $7,211,142 (up from $4,031,876 as at 31 October 2017).
“Our club is in a strong position and the Board, Executive and entire club staff are focussed on driving the club forward again in 2019,” he said.
“On behalf of the club, I acknowledge and thank our loyal members, supporters, corporate and community partners who are the lifeblood of our organisation.”
Port Adelaide Football Club members can obtain access to the club’s 2018 accounts at the Annual General Meeting on February 8 at the Club’s AGM at 6.00pm at Alberton.
by Brodlach » Sun Dec 23, 2018 4:29 pm
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
by daysofourlives » Sun Dec 23, 2018 6:05 pm
by UK Fan » Mon Dec 31, 2018 11:57 am
fester69 wrote: I'm full of "pish and wind" !!You can call me weak !!
MW wrote: Well call me a special asshole!.
Booney wrote: I'm a happy clapper **** stick.
by woodublieve12 » Wed Jan 23, 2019 10:34 am
by amber_fluid » Wed Jan 23, 2019 10:43 am
woodublieve12 wrote:thoughts?
by Spargo » Wed Jan 23, 2019 10:44 am
by Booney » Wed Jan 23, 2019 10:48 am
by Dutchy » Wed Jan 23, 2019 10:49 am
by JK » Wed Jan 23, 2019 10:59 am
by Brodlach » Wed Jan 23, 2019 11:17 am
JK wrote:Big Dwayno just trying to put the wind up them and get a response
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
by Booney » Wed Jan 23, 2019 11:19 am
Brodlach wrote:JK wrote:Big Dwayno just trying to put the wind up them and get a response
Very Corneseeque
by JK » Wed Jan 23, 2019 12:52 pm
Booney wrote:Brodlach wrote:JK wrote:Big Dwayno just trying to put the wind up them and get a response
Very Corneseeque
Always laugh at people cracking Kane on Twitter/FB, every post, every click, every response just makes his job safer and safer.
by Brodlach » Wed Jan 23, 2019 12:58 pm
Booney wrote:Brodlach wrote:JK wrote:Big Dwayno just trying to put the wind up them and get a response
Very Corneseeque
Always laugh at people cracking Kane on Twitter/FB, every post, every click, every response just makes his job safer and safer.
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
by Booney » Wed Jan 23, 2019 4:15 pm
by Corona Man » Wed Jan 23, 2019 6:24 pm
by Spargo » Wed Jan 23, 2019 7:39 pm
Booney wrote:Can't argue that Port are in the average bracket at all.
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