Read NZFAnnualReport2009.pdf text version

Contents

President's Report

Nicholas Davidson QC

3 4 6 8 13 16 17 20 21 22 23 24 25 26

From the President: Nicholas Davidson From the Chair: Frank van Hattum From the CEO's Desk: Michael Glading International Review Domestic Review Referees Report Football Development Report Financial Comment Audit Report Statement of Financial Performance Statement of Movement in Accumulated Funds Statement of Financial Position Notes to the Financial Statements Official Supporters

This has been a signal year for New Zealand Football. It has raised its status with a stream of quality performances and is on the cusp of much more, beginning in South Africa. It is right to first recognise that success, which has given such pleasure to all those involved and drawn the country towards it. As President, I have two observations to make, first regarding that success, and secondly in the determination within the Board and its staff, indeed all stakeholders, that the foundations of that success must be secured and built on, right now. The successes have mounted in a short time. They came despite the vicissitudes facing the game only a year or so ago. The response of the Board, with federation support, and funding partners, restored the financial health of the game. That period of restoration required great character and will, but it paid off, and has crystallised in results on and off the pitch. I am conscious that public focus on the standout successes overshadows proper recognition of how it came about. First, to the successes. Following the highly successful hosting of the FIFA U-17 Women's World Cup and performances of U-20 women's and Olympic teams last year, came the U-17 men's qualification for the second round of their World Cup, Auckland City's success at the FIFA Club World Cup and the success of the Football Ferns. The weekly profile and journey of the Wellington Phoenix captured the country. November 14, 2009 will be etched in memory forever. It was a privilege to be part of the emotion, and to sense the absolute support for the All Whites. That added to other results, including the warm up against Italy prior to the FIFA Confederations Cup, in which they led three times, the first point gained at a senior men's FIFA event against Asian champions Iraq, and the defeat of Jordan in Amman with a

man down. The Football Ferns reached the top four of the Cyprus Women's Cup and chalked up their first win in Europe against the Netherlands. Only in a shootout did New Zealand lose to France in playoff for third place. The Young All Whites went to the knockout stages of the FIFA tournament, drawing with Costa Rica Burkina Faso and Turkey. We should reflect on how this came about. There have been exceptional team and individual performances. In addition, the strategic plan and the Whole of Football initiative are first class strategies, and the game has aligned to achieve them. I saw the response of the Board and the administration, working with the Federations and the energy which is going into cementing these successes. That work intensified the very day of the Bahrain game, beforehand, and immediately afterwards. There has been no sitting back. There is a determination to use the capital and profile derived from World Cup qualification to provide a permanent base which the game has never held. A foundation will be launched in the next few weeks to provide a permanent reserve, and support for initiatives. Corporate and private support will remain essential. There will be only one path forward. In all of this the Board's focus on the needs and aspirations of the federations has been apparent. The new opportunity and the football experience must extend to all participants, of whatever age and stage. The appointment of a new Director of Football Development is aimed right at the grassroots of the game, the Women's Football Development Manager to ensure high priority to such a crucial part of the game, a new High Performance Manager to provide structure around international teams and related programmes, and a new Commercial Manager to develop income streams and close working relationships

with trust and commercial partners. Everything I see about the structure points to an enduring legacy across all facets of NZF. The Board under Frank van Hattum is a talented group which has worked with great diligence to bring governance to this level. We farewell Mark Stewart who has made an immense contribution to the game over five years and will remain involved. I want to mention the Board structure as I have every year. It should be subject to review from time to time. The Appointments Panel this year had to address one vacancy, and received some outstanding applications. Some of these applicants put their names forward in previous years. The panel has tried to reflect quality and perseverance by encouragement, pointing to other areas that they may assist the game if appointment is not possible. The approach taken by the panel is to consider all applications and make soundings about the skill sets required within the Board. Some of those skills can be found outside the Board's structure. The panel engages in real debate, and tries to reflect the skills needed, proven performance, representation, cohesion, and commitment. The staff under the irrepressible Michael Glading have been energised and tested. They are doing a remarkable job under the pressures that come with success. I hope they know that they are appreciated for a job very well done. I sense a determined and united front in NZF. The federations are very much in partnership with the Board. You can all take satisfaction from that while getting ready for the intensive development and rewards which lies ahead. There is much to be done. Nicholas Davidson QC President

One hundred and twentieth Annual Report and Financial Statements for the 12 months to the year ended December 31, 2009. This Annual Report and Financial Statements will be presented at the 120th New Zealand Football Annual Congress to be held at Butterfly Creek on April 29, 2010. NZF wishes to acknowledge Photosport and FIFA (via Getty Images) as the major contributors of photographs. Officers of the Association for April 2009 to April 2010 Patron: His Excellency The Honourable Sir Anand Satyanand, (GNZM, QSO) Governor-General of New Zealand President: Mr Nicholas Davidson QC Immediate Past President: Mr Eion Edgar Honorary Members: J Arnold, G Baster, I E Billcliffe MNZM, G Billing, A Boniface, L Coffman QSM, A V Cooper, B Connor, B Davies, J Denley, K Dobbie, H Dods, A Edwards, E Gould, E A Harris, C J Lawrie, R MacG Irvine, G Leary, T M McGuigan, T W McLean, W Munro, Mr Partington, I Paton, R Pelosi, E Phillips, D C Seath, B J Smith, J Smith, W Velthius, A R White, G Wormald. Life Members: J T Bartle QSM, R Bovelander, A Egan, A F Fraser MBE, T J Killalea, E M Langridge QSM, A Richards MBE, S C Goodman, I R Steer, B L Swarbrick, J F Walker, R White, R Wilson, A C Winkworth. NZF Referees ­ Life Members: I E Billcliffe MNZM, A Boniface, L Coffman QSM, N Cotton, W de Bock, R de Raat, T Delahunty, J Denley, K Dobbie, G Fleet, D Gleave, F Hall, R Harries, J B Hulton, N Jemmett, R McDonald, J McMillan, W Moffat, S Moore, A Palmer, R Paterson, J Perkin, R Redfern, J Reid, B Whitlock, I Williamson, N Wiseman. Auditor: KPMG Solicitor: Shieff Angland Honorary Historian: Barry Smith Returning Officer: The President Board for 2009-10: Frank van Hattum (Chairman), Bill Moran (vice-Chairman), Mark Aspden, Fred de Jong, Paula Kearns (co-opted in August 2008), Peter O'Hara, Mark Stewart, Andrew Titter.

2

3

"I am excited about the future of football in New Zealand."

Chairman's Report

Frank van Hattum

Now is an outstanding time for football in New Zealand, as we enjoy on-field success and take the first steps along an inspiring new development path. New Zealand Football has met adversity head on and put in place a strategy and the processes to carry it through. With the support of our federation and funding partners, we have steered our way out of the dire financial problems of two years ago and built the foundation of a great football future in this country. But we are very aware of what needs to happen next. A top performing organisation will be judged on what it does in both bad and good times. Now we need to ensure that we grow and flourish. We are focused on the challenges that we face over the next 18 months ­ and the game's collective response will define our success. We need to stay on track, keep to the strategy. Refusing to fritter away the future for convenient or populist handouts will be one key to that success. The last 24 months has seen an amazing journey behind the scenes. On the field that has been more than matched by unprecedented moments of magic which make us absolutely proud to call football our game.

Among our successes have been the hosting of the FIFA U-17 Women's World Cup, the U-17 boys qualifying for the second round of a World Cup, Auckland City surprising the world at the FIFA Club World Cup, the senior women's and U-20 teams not only performing on major stages but winning

has been made. The next few years are about delivery and performance against the plan. Stay true, firm and focused. We all hear the view that football did not make the most of its opportunity to build on the public support in 1982 when the All Whites made their other World Cup appearance. But what does that mean, and what difference will we strive to make this time? The Board has given full attention to this, and agrees that future success will be defined by: · ensuringaplantoprovideaWorldCup legacy is in place · usingtheWorldCupfinancialwindfallfor the future of the game · rigorouslystickingtotheagreed strategic plan and fully debating any changes · prudentlymanagingoursportand viewing every dollar as sacred · communicatingwithourfederationsand other stakeholders Accordingly, the Board has made some key decisions around the use of the operating surplus for 2009 and the surplus projected for 2010. These include: · establishinganendowmentfundto grow funding over time for initiatives consistent with goals 1-3 under the strategic plan

· creatingareservetohelpmanagethe uneven cost and activity of international teams over the years 2011-2014 · allocatingtransitionalfundingtohigh priority change in and across the seven federations Plans are being finalised which will raise the football experience at all levels for players, coaches and referees, and in part provide the

legacy that capitalises on this time of rapidly growing support for football in this country. This is a critical component of the high priority change. In addition, NZF has made significant investment in projects consistent with the strategic plan, including subsidising the Small Whites programme and the Goalnet project.

I am excited about the future of football in New Zealand. The greatest chance of achieving success is that we stay true to the strategic direction we have agreed and that we work strenuously to maintain our communication, co-operation and partnership. Frank van Hattum Chairman

"A top performing organisation will be judged on what it does in both bad and good times."

to boot. Then there are the latest offerings. The Wellington Phoenix not only rose from the ashes but took football fever to great heights. This may be a regular experience in major football nations, but it has rarely been the case in New Zealand. Wellington also gave us November 14, a day that will live long for all true sports lovers in New Zealand. That was the day a new band of heroes earned the right to participate at the greatest sports occasion on earth, the FIFA World Cup. I applaud all who have assisted in getting New Zealand to this position. I particularly thank the Board of NZF which has stayed true to its principles, worked amazingly well together and provided the guidance, critical thought, debate and resolve to ensure we stay the course. To CEO Michael Glading and his team ­ thank you for the progress that

4

5

CEO's Report

Michael Glading

"The organisation should be proud of the fact that, through a collective approach, combined with good systems and governance, we find ourselves in a strong position to now take the game forward."

The remarkable run of success our wonderful game has enjoyed in New Zealand over the past 12 months may seem like a dream to many outside the game. Even some inside the game who have witnessed or contributed to the planning, investment and sheer hard work in recent years pinch themselves when reflecting on a wonderful year. Financially, 2008 marked the year of dragging ourselves out of the fire, with a major goal of avoiding the subsequent frying pan. On-field, the signs of increased international competitiveness were beginning to show even then, but none of us could have ever envisaged what performances we would see in 2009, and what changes that now brings to our landscape. The reality however is that many of the changes that we will implement over the next few years will not deviate from what were planned well before Rory Fallon rose to that wonderful Leo Bertos corner. The road to our future was well and truly under construction prior to finding the road to the 2010 FIFA World Cup.

There are many reasons for this, not the least of which relates to the `pulling together' of our seven federations, all of whom are in sync with New Zealand Football. Our Strategic Plan calls for true alignment and the huge steps towards achieving this is something that we should all be proud of. Personalities will always carry different opinions from time to time but the important thing is for these differences to be kept well away from a unified overall strategic direction, to the game's overall

Perry Foundation, Southern Trust, Cuesports Foundation and Youthtown) have continued with their major funding initiatives, which has been genuinely appreciated. In addition, OFC have shown significant support for the All Whites during our World Cup campaign, allowing us to enter these games with quality preparation. I have no doubt that all of this has added significantly to the final result. We also owe a significant debt of gratitude to SPARC, who fully understand the

massive upheavals, without missing a beat. The work ethic within the office is tremendous, and whatever progress we make is mainly down to the hard work of the many committed individuals working within the team. It is pleasing to have been given the mandate to rebuild this past year, and exciting to think that many new initiatives can now be put into place, with far less fear of uncertainty. Obviously, there is no `bottomless pit', and money will need to be managed, invested and spent as wisely as ever; but I do know that with strong financial management and good long-term planning, we will start to make positive changes that will benefit both beginners and experts in years to come. Careful planning will ensure sound

"Many new initiatives can now be put into place, with far less fear of uncertainty."

benefit ­ something that has been achieved this past year. I pass my sincere thanks to the CEOs of our federations, who have also all separately and collectively shown me much personal support, without ever being backward in coming forward! Given the trouble that the entire economy

value that our great game delivers to the community. Their support for grassroots has been backed up with ongoing financial support for our Football Ferns, as they reach for a quarterfinal place at the Olympics in 2012. My thanks also go to the NZF Board, who have worked tirelessly to provide strong and supportive governance this past year. Special mention should go to Frank van Hattum, our Chairman, who continues to amaze me with his commitment to the game; I very much doubt that anyone (other than perhaps myself and his family) will ever appreciate the volume and quality of work that he does. He certainly deserves a capital `V' when it comes to Volunteer! In closing, special praise for the staff at NZF, a number of whom have lived through

implementation of the Whole of Football plan, and this, together with implementation of a new high performance plan, will make NZF a dynamic, innovative and professional environment to work in the years ahead. Exciting times! Michael Glading Chief Executive Officer

The organisation should be proud of the fact that, through a collective approach, combined with good systems and governance, we find ourselves in a strong position to now take the game forward.

is faced with, thanks should also go to the many bodies that have shown the game significant financial support this past year. In particular the various trusts that NZF has worked with (NZCT, Lion Foundation,

6

7

International Review

Undeniably, 2009 will be remembered as the year the All Whites qualified for the FIFA World Cup but it was a breakthrough year for many New Zealand teams on the world stage. With only 38 fixtures played by our three active national teams in 2009 ­ the All Whites, Football Ferns and Young All Whites ­ activity was down on the past two years but all three managed to carve out their own piece of New Zealand football history. That goal from Rory Fallon and that save from Mark Paston were the two moments of magic that ultimately sealed the All Whites place among the world's elite nations in South Africa but a dogged collective

performance over 180 minutes of an intense do or die playoff was the foundation. In the stifling heat and hostile environment of Manama, New Zealand kept Bahrain scoreless and inspired belief among fans that the qualification dream could once again become reality. The response was a record crowd flocking to Wellington with its passion and noise contributing to one of New Zealand sport's most memorable nights. However, a marker had been laid down in South Africa months before the playoff matches.

In a warm up to the FIFA Confederations Cup, the All Whites led World Champions Italy three times before eventually succumbing 4-3.

first ever point at a senior men's FIFA event. In September, with the All Whites close to full strength and welcoming two new faces ­ Rory Fallon and Michael McGlinchy ­ to the fold following a FIFA rule change the All Whites defeated Jordan 3-1 in Amman. The victory on Asian soil, despite going a man down in the first half, would serve as a timely pointer to success later in the year.

For the Football Ferns, the year started with a late invite to the Four Nations campaign in China. The tough campaign paid off in March when a match-ready Ferns made the top four of the Cyprus Women's Cup. An encouraging 1-1 draw against Canada was bettered with an historic first-ever win on European soil, a 2-0 win over the Netherlands.

In the playoff for third place, New Zealand pushed world number eight France to the wire, drawing 1-1 but losing the penalty shootout 4-5. The competitive showing continued in November against world number 6 Japan, as an under-strength New Zealand side were edged 2-1 in Saitama.

"Undeniably, 2009 will be remembered as the year the All Whites qualified for the FIFA World Cup."

Despite setbacks at the actual tournament against a rampant Spain and the host nation, the team bounced back with 0-0 draw against Asian champions Iraq, New Zealand's

8

9

International Review Cont..

International Results

Thai Airways All Whites

FIFA World Cup Qualifying October 10 (Manama) November 14 (Wellington) Bahrain 0:0 New Zealand New Zealand 1:0 Bahrain

Not to be outdone by the senior men and women and in fact blazing a trail for New Zealand teams to follow, the Young All Whites became the first Kiwi side to progress to the knockout stage of a FIFA tournament. It was New Zealand's 15th FIFA World Cup, Confederations Cup or Olympic Games and the ninth FIFA event since Australia's departure to Asia in 2006. The breakthrough had been threatening throughout 2008. The Football Ferns, Oly-Whites and Young Football Ferns all went close, but the Young All Whites' unbeaten and dramatic group stage campaign earned them the honour of being New Zealand's football pioneers.

They flew into Nigeria under the radar, somewhat surprising given a 4-3 win over Japan earlier in the year but it took just 18 minutes for Michael Built to announce that New Zealand meant business, smashing a goal against Costa Rica in their Group D opener. That match finished 1-1 as did the next against Burkina Faso, although the Kiwis had to battle soaring temperatures and stifling humidity to come from a goal behind. A torrential downpour revived a dogged but flagging Young All Whites side, who struck back through Gordon Murie just after the skies opened.

Needing a draw against group winners Turkey to progress, New Zealand again needed to come back from a goal down and draw on all the spirit and defensive resilience they had shown in the first two games. The fight-back continued right until injury time when Jack Hobson-McVeigh scored the type of last gasp goal that had come to haunt previous New Zealand teams. A second round match against hosts and defending champions Nigeria proved a bridge too far for New Zealand who went down 5-0 but with their place in New Zealand's football history and perhaps future assured.

Rory Fallon 45

FIFA Confederations Cup, South Africa June 14 (Rustenburg) Spain June 17 (Rustenburg) South Africa June 20 (Johannesburg) Iraq International Friendlies March 28 (Bangkok) March 31 (Bangkok) June 3 (Dar es Salaam) June 6 (Gaborone) June 10 (Pretoria) September 9 (Amman)

5:0 New Zealand 2:0 New Zealand 0:0 New Zealand

Thailand Thailand `A' Tanzania Botswana Italy Jordan

3:1 2:2 2:1 0:0 4:3 1:3

New Zealand New Zealand New Zealand New Zealand New Zealand New Zealand

Kris Bright 8 Ryan Nelsen 20, 58 Shane Smeltz 10 (pen) Shane Smeltz 10, Chris Killen 42, 56 (pen) Shane Smeltz 17 (pen), 65, Rory Fallon 45

Football Ferns

Four Nations Tournament, China January 10 (Guangzhou) China 6:0 New Zealand January 12 (Guangzhou) Korea Republic 4:3 New Zealand January 14 (Guangzhou) Finland 2:0 New Zealand Cyprus Women's Cup, Cyprus March 6 (Paralimni) March 8 (Nicosia) March 10 (Paralimni) Playoff for 3rd place March 12 (Nicosia) International Friendly, Japan November 14 (Saitama)

Amber Hearn 60, Hannah Wall 85, 89

Canada Russia Netherlands France

1:1 New Zealand 4:2 New Zealand 0:2 New Zealand

Betsy Hassett 34 Ria Percival 2, Amber Hearn 60 (pen) Amber Hearn 50 (pen), Kirsty Yallop 75 Kirsty Yallop 33

1:1 New Zealand (6-5 PSO)

Japan

2:1 New Zealand

Caitlin Campbell 89

10

11

Domestic Review

The New Zealand Football Championship 2008-09

The fifth season of the New Zealand Football Championship saw a change in format for both the league and playoff components although familiar names rose to the top. The economic downtown and a drop in funding for many clubs resulted in a shortened league ­ 14 rounds instead of 21 - which remained viable for all eight franchises while expanding the playoffs to a four team home and away semi-final system added a new level of excitement. Defending champions Waitakere ran away with the minor premiership but the final three semi-finalists remained undecided until the final round of league action as Auckland City, YoungHeart Manawatu and Team Wellington saw of the challenges of Hawke's Bay United and Waikato FC. A fast finishing Auckland City timed their run into form perfectly, pipping surprise playoff challengers YoungHeart Manawatu 4-3 on aggregate in their semi-final before upsetting Waitakere 2-1 at Trusts Stadium. Their fourth title in five years was secured thanks to late goals from Paul Urlovic and substitute Keryn Jordan.

International Results Cont..

Thai Airways Young All Whites (U-17)

FIFA U-17 World Cup, Nigeria October 25 (Enugu) Costa Rica October 28 (Enugu) Burkina Faso October 31 (Calabar) Turkey Round of 16 November 6 (Abuja) Nigeria Oceania U-17 Championship, New Zealand May 20 (Albany) New Zealand May 22 May 24 (Albany) (Albany) New Zealand New Zealand 1:1 New Zealand 1:1 New Zealand 1:1 New Zealand 5:0 New Zealand

Michael Built 18 Gordon Murie 57 Jack Hobson-McVeigh 90+1

2008-09 New Zealand Football Championship Grand Final - March 29 Waitakere United 1 Allan Pearce 15 Auckland City 2 Keryn Jordan 78, Paul Urlovic 89

2008-09 Waitakere United Auckland City YoungHeart Manawatu Team Wellington Hawke's Bay United Waikato FC Otago United Canterbury United P 14 14 14 14 14 14 14 14 W 10 8 7 7 7 6 2 2 D 3 1 2 2 1 1 2 2 L 1 5 5 5 6 7 10 10 GF 30 27 22 28 24 19 16 11 GA 12 15 19 28 17 22 32 32 PTS 33 25 23 23 22 19 8 8

Oceania Champions League

3:0 Vanuatu 2:0 New Caledonia 2:0 Tahiti

Jamie Doris 9, Andrew Milne 14, Gordon Murie 90+2 Jack Hobson-McVeigh 59-pen, Andrew Milne 87 Zane Sole 28, Andrew Milne 31

All eyes were again on Auckland and Waitakere in the third season of the OFC champions League and the pair did not disappoint in terms of drama. The pair kicked the season off with a 2-2 draw at Kiwtea Street but a one sided 8-1 win over Port Vila at home, when other results for the Vanuatu club had been relatively close, tipped the balance towards Auckland heading into the final group game against their cross-town rivals. Needing just a draw to win through to the final, Auckland went one better, scoring three second half goals to win 3-1 and earn a place in the final against Koloale FC from the Solomon Islands. A clinical Auckland took the sting out of their rivals in the first leg of the final winning 7-2 in Honiara. They then coasted to a 2-2 draw at Kiwitea Street to win 9-4 on aggregate and book a trip to Abu Dhabi for the 2009 FIFA Club World Cup.

Sanix Cup, Japan March 19 (Fukuoka) March 19 (Fukuoka) March 20 (Fukuoka) March 21 (Fukuoka) March 21 (Fukuoka) March 22 (Fukuoka)

Japan

2:1 Jang Yoon High Schoo 1:1 Suankularb Wittayalai HS 0:2 Saga Higashi 1:0 Kagashimi Josei HS 0:0 Suankularb Wittayalai HS 1:7

Andrew Milne 39 New Zealand New Zealand (5-4 PSO) Andrew Bevin 48 New Zealand Cameron Lindsay 47, Josh Morrison 50 New Zealand New Zealand (4-3 PSO) New Zealand Ernesto Lopez 15, Andrew Bevin 19, 31, Dylan Windust 42, Andrew Milne 53, 80+2 Nikolai Molijn 71

O-League Final, Leg 1 - April 25 Koloale 2 Richard Anisua 10, 76 O-League Final, Leg 2 - May 3 Auckland City 2 Keryn Jordan 56-pen, 58

Auckland City 7 Matt Williams 23, Ki-Hyung Lee 39, Paul Urlovic 40, Ivan Vicelich 58,

Keryn Jordan 65, 77, 86

Koloale 2 Henry Fa'arodo 40, Lency Saeni 60

2009 FIFA Club World Cup - Abu Dhabi

Football's remarkable story in 2009 would not be complete without acknowledging Auckland City's hefty contribution. The only amateur side at the FIFA Club World Cup, Auckland shocked many observers by delivering the first, and second, wins for a New Zealand side at FIFA's competition for continental club champions. Host club Al-Ahli (UAE) were dispatched 2-0 with goals to Adam Dickinson and a long range stunner from Chad Coombes to send Auckland through to the quarterfinals. CONCACAF champions Atlante (Mexico) proved too strong 3 days later but Auckland produced another shock in the playoff for fifth against African champions TP Mazembe. Jason Hayne opened the scoring against the 10-man Congolese side and drew Auckland level with his second after Mazembe fired two second half goals. Substitute defender Riki van Steeden was the unlikely hero, netting the winner deep into injury time to cap an historic campaign.

International Friendlies January 9 (Auckland) New Zealand January 11 (Auckland) New Zealand March 23 (Fukuoka) Japan

0:1 Chile U-18 0:3 Chile U-18 3:4 New Zealand

October 14 (Melbourne) Victoria Inst. of Sport U-17 1:1 New Zealand October 16 (Morel) Gippsland 2:3 New Zealand October 18 (Melbourne) Victoria Inst. of Sport U-17 0:3 New Zealand

Andrew Milne 10, Andrew Bevin 19, Cameron Lindsay 55, Jamie Dorris 60 Andrew Milne 45 Andrew Milne 10, Michael Built 33, Tim Pilkington 85 Michael Built 51, Andrew Bevin 69, 80

Playoff for Quarter-final - Dec 9 Auckland City 2 Adam Dickinson 45, Chad Coombes 67 Quarter-final - Dec 12 Auckland City 0 Playoff for fifth place - Dec 16 Auckland City 3 Jason Hayne 29, 72, Riki van Steeden 90+4

Al-Ahli 0 Atlante 3 Daniel Arreola 36, Christian Bermúdez 69, Lucas Silva 90+1 TP Mazembe 2 Ngandu Kasongo 60, Kilitcho Kasusula 67

12

13

Domestic Review Cont..

The Chatham Cup

The 82nd edition of the Chatham Cup contained all the upsets and drama that has made the competition such a storied and beloved part of football's landscape and in 2009 one underdog made it all the way to the final. Auckland's Three Kings played in the second tier of the Northern League but produced a string of upsets over top tier opposition from the Northern, Southern and Central Leagues to reach North Harbour Stadium. While Luiz Del Monte fired Three Kings in front early, Wellington Olympic proved too strong equalising through Miroslav Malivuk before man of the match Raf de Gregorio sealed their club's first-ever Chatham Cup title with a 75th minute penalty.

Lion Foundation Youth League

The same funding troubles affecting NZFC franchises also impacted the Lion Foundation Youth League with Waikato FC, YoungHeart Manawatu, Team Wellington and Otago United all unable to field a team in the U-19 league. The three Auckland clubs (Auckland City, Waitakere United and Auckland-Manukau) suited up with Hawke's Bay United in a reduced competition and while Canterbury United offered to enter the league, the cost of adding a South Island team would have made the competition unaffordable. In their second year in the league, AucklandManukau were again competitive but were just edged out of the final by defending champions Waitakere. Played as a dramatic curtain raiser to the NZFC grand final, top seeds Auckland lead 3-0 at half time but were pulled back to 3-3 before eventually winning 6-4 in extra.

82nd Chatham Cup Final - Sept 20 Three Kings United 1 Luiz Del Monte 3

Wellington Olympic 2 Miroslav Malivuk 29, Raf de Gregorio 75 (pen) Olympic­ Road to the 2009 Final Semi-final: Olympic 2 1/4-final: Forrest Hill Milford 3 Round 4: Olympic 2 Round 3: Olympic 4 Round 2: Olympic 2 Round 1: Olympic 3 Lion Foundation National Youth League Final ­ March 29 Waitakere United 4 Dakota Lucas 48, 51 Peter Norris 50, Zane Sole 55 Manurewa 0 Olympic 4 Waterside-Karori 1 Red Sox Manawatu 2 Petone 0 Lower Hutt City 0 After extra time, Full time 4-4

2009 Auckland City Waitakere United Auckland-Manukau Hawke's Bay United P 6 6 6 6 W 5 3 3 0 D 0 1 0 1 L 1 2 3 5 For 20 16 11 8 Ag 12 18 12 13 GD 8 -2 -1 -5 Pts 15 10 9 1

Three Kings United ­ Road to the 2009 Final Semi-final: Three Kings United 2 Miramar Rangers 1 1/4-final: Caversham 3 Three Kings United 4 (a.e.t, full time 2-2) Round 4: Lynn-Avon United 1 Three Kings United 2 Round 3: Three Kings United 4 Hamilton Wanderers 1 Round 2: Three Kings United 13 Te Atatu 2 Round 1: Three Kings United 6 Cambridge 2

Auckland City 6 Rory Kelly 30, 42, 45+1 James Hoyt 53 (pen), 96 Joseph Dawkins 94

National Women's League

Following a year's hiatus due to the country's women's football infrastructure being fully committed to successfully hosting the FIFA U-17 Women's World Cup, the Lion Foundation Women's League returned with a new two-conference format. Neither Central Football nor United Soccer 1 entered the competition but a New Zealand U-17 squad joined the northern half of the draw as preparation for World Cup qualifying in 2010. Defending champions Auckland Football were nigh on untouchable in group play while Capital emerged through the Southern Conference unbeaten. The pair eased through respective cross-conference semi finals against Mainland and WaikatoBOP to set up a repeat of the 2007 final. Football Fern Anna Green fired a first half hat trick in the final to set up a 5-1 victory and a sixth national title for Auckland while Rebecca Tegg netted her ninth goal in 6 games to win the golden boot for the fourth straight year.

Manchester United Premier Cup

Waitakere City defeated two-time defending champions Central United to win the New Zealand final of the Manchester United Premier Cup. The United Soccer 1 club went through group play unbeaten and inflicted a second defeat over Central in two days to win through to the Pacific final against Australian champions Marconi Stallions. In Sydney, Marconi defeated Waitakere 2-0 to win a place in the 20 team global finals in Manchester.

Manchester United Premier Cup New Zealand Final ­ March 29 Central United 1 Martin Pavic Waitakere City 2 Timothy Payne, Jordan Vale

MUPC 2009 NZ Finals Waitakere City Central United Nomads United Petone P 3 3 3 3 W 3 2 1 0 D 0 0 0 0 L 0 1 2 3 For 9 8 8 1 Ag 1 3 7 15 GD 8 5 1 -14 Pts 9 6 3 0

2009 Lion Foundation Women's League Final - Dec 20 Auckland Football 5 Anna Green 15, 18, 42; Rebecca Tegg 42, Melissa Ray 45

Northern Conference Auckland Football Waikato-BOP Football New Zealand U-17 Women Southern Conference Capital Football Mainland Pride FootballSouth P 4 4 4 P 4 4 4 W 4 1 1 W 3 2 0 D 0 0 0 D 1 1 0 L 0 3 3 L 0 1 4 For 22 9 7 For 13 9 1

Capital Football 1 Renee Leota 56

Ag 3 16 19 Ag 2 5 16 GD 19 -7 -12 GD 11 4 -15 Pts 12 3 3 Pts 10 7 0

Perry Foundation National Age-Grade Tournament

Deferred from 2008, the Perry Foundation National Age-Grade tournament roared back into life in April as New Zealand's seven federations clashed across six different classes of age-group football with United Soccer 1 claiming the overall honours. Winning both the U-16 and U-14 boys titles, United Soccer1 edged out Central Football who failed to win an individual title but claimed second placed overall thanks to consistently strong showings in each of the six divisions. Champions for the previous two seasons, Auckland Football slipped to fifth behind Mainland and Capital. Kate Loye was named tournament MVP after inspiring Waikato/Bay of Plenty Football to the U-16 girls title.

Women's Knockout Cup

A ninth title in the 16th running of the Women's Knockout Cup enhanced Lynn Avon United's reputation as the queens of club football. Despite a tough draw throughout the early stages of the competition, the Auckland side progressed through to the national stage of the competition where they found another gear to put 10 goals past Upper Hutt. Claudelands had been free-scoring throughout their cup run notching 46 unanswered goals in the first three rounds but after edging Christchurch's Western 3-2 in the semi-final, Lynn Avon were too tough, running out 5-1 winners.

Federation trophy: United Soccer 1 Fairplay trophy: FootballSouth Tournament MVP: Kate Loye (Waikato/BOP U-16) Section Winners U-16 Boys: United Soccer1 U-16 Girls: Waikato/BOP Football U-15 Boys: Auckland Football U-15 Girls: Mainland Football U-14 Boys: United Soccer1 U-14 Girls: Mainland Football

16th Women's Knockout Cup Final ­ Sept 20 Claudelands Rovers 1 Jackie Pretswell 90 Lynn Avon United 5 Sarah Gregorius 9, Ria Percival 34, Amber Hearn 38,45, Briony Fisher 75 Claudelands Rovers ­ Road to the 2009 Final Semi-final: Western 2 Claudelands Rovers 3 1/4-final: Claudelands Rovers 10 Pukekohe 0 Round 2: Taupo AFC 0 Claudelands Rovers 16 Round 1: Claudelands Rovers 20 Te Puke 0 Lynn Avon United ­ Road to the 2009 Final Semi-final: Lynn Avon 10 Upper Hutt City 0 1/4-final: Glenfield Rovers 1 Lynn Avon 2 Round 2: Three Kings 1 Lynn Avon 2 Round 1: Fencibles 1 Lynn Avon 3

Golden Boot Winners U-16 Boys: Oliver Moxham (Waikato/BOP), Alex Risdale (Mainland) Mitchell Green (Mainland) U-16 Girls: Olivia Chance (Waikato/BOP) U-15 Boys: Stephen Carmichael Timothy Payne (both Auckland) U-15 Girls: Grace Parkinson (Waikato/BOP) U-14 Boys: Sam Brailsford (Central) Nathan Buswell (US1) U-14 Girls: Emma Rolston (Capital)

Most Valuable Players U-16 Boys: Dominic McGarr (Mainland) U-16 Girls: Kate Carlton (Waikato) U-15 Boys: Timothy Payne (Auckland) U-15 Girls: Grace Parkinson (Waikato/BOP) U-14 Boys: Daniel Ridgely (US1) U-14 Girls: Serena Patel (Mainland)

14

15

Michael Hester

Referees Report

Rod Pelosi

Football Development Report

The year 2009 was a very busy and rewarding year within the referee family. There were many highlights and it would be appropriate to outline them.

in Napier in April and Nelson in August. There are currently over 500 club based referees. Significant work was done preparing

will look back at their time with the English Premiership Referees and Keith Hackett as a significant learning experience in their pathway to being selected by FIFA for the 2010 FIFA World Cup in South Africa. The NZF Referees Committee is looking to formalise an ongoing relationship with the English Premier Referee Group. There is still a need to recruit referees and it is important to note that numbers have not grown over the last two years. Hopefully the Respect programme will alleviate this in

While the national teams achieved many incredible performances on the pitch in 2009, behind the scenes the Football Development team at New Zealand Football were working on grassroots strategies to strengthen the base of our game. Indeed, a major piece of work conducted throughout 2009 to support this approach was the creation of the draft `Whole of Football Plan', by the Football Development Advisory Group (FDAG) made up of representatives from NZF, the federations and SPARC. The Whole of Football Plan is a contemporary approach adopted by NZF to unite the game and drive football forward. It

quality of the experience to the end user whether they are player, coach, referee or administration.

Women's Development If 2008 was the year the U-17 Women's World Cup showcased women's football to New Zealand, then 2009 was the year the work really started to capitalise, at the grassroots level, on the success of increased interest in our sport. For many girls, football was suddenly a recreation option. The influx of participants across the country generated 96 new female teams, including 83 at junior or youth levels, bringing the number of girls and women playing the game to approximately 19,000.

Our international FIFA Officials were again rewarded with nearly 40 overseas appointments. Mike Hester, Jan Hintz and Mark Rule officiated at the FIFA Confederations Cup in South Africa, Peter O'Leary and Brett Best were at the FIFA U-20 World Cup in Egypt, and Hester, O'Leary and Hintz were involved at the FIFA U-17 World Cup in Nigeria. O'Leary and Best were also in Abu Dhabi for the FIFA Club World Cup while Jacqueline Stephenson was appointed to the Algarve Cup in Portugal and we were well represented by officials in the O-League and A-League as well. However, without doubt the highlight of the year was that our two male FIFA referees, Peter O`Leary and Mike Hester together with assistant referees Brent Best and Jan Hintz were included in the final 30 match official teams picked for the FIFA World Cup in South Africa. This is the first time we have had referees selected for the FIFA World Cup and only the second time we have had assistant referees, the last being Paul Smith in Korea/Japan 2002. Ongoing referee accreditation courses were carried out through the federations and over 80 courses were delivered throughout the year to nearly 1000 participants, while Referee Development Academies were held

opportunities for officials to participate in New Zealand Football's plans and these included a review of referee accreditation, a high performance plan, a SWOT analysis, development of a specific female pathway and an expansion of the courses NZF offers through the federations.

"The Whole of Football Plan is a contemporary approach adopted by NZF to unite the game and drive football forward."

In addition to this development, valuable work has also continued in the areas of coach, referee, women's, futsal and talent development. Coach Development In the coaching space, the continuation of the Regional Coach Development Coordinator programme, albeit in a revised format, saw NZF and the federations qualify 1989 coaches at junior, youth and senior levels over a 12 month period. Coupled to this achievement, NZF launched the Senior Level 3 coaching course held in both Auckland and Christchurch for elite senior coaches as well as introducing new coaching modules at both junior and youth levels. The Regional Coach Development staff continued to deliver the ever popular `Coaches Network' as the informal arm of coach development, with guest presenters that included ex-World Champion New Zealand Black Sox Coach, Don Tricker.

"This is the first time we have had referees selected for the FIFA World Cup and only the second time we have had assistant referees."

some small way. Finally, I would like to thank all the officials throughout New Zealand for their ongoing contribution to this great game. Rod Pelosi Chair NZF Referees Committee

creates a clear structure for the development of the game, placing great emphasis on improving the standard of football and the quality of the football experience at all levels. Improving the quality of the experience for all participants will lead to greater retention rates across players, coaches, referees and administrators while at the same time growing the number of players

It is impossible to say if this rise can be directly attributed to having a World Cup on our doorstep and how much is due to natural growth or other factors. What we can say is that the successful hosting of that tournament helped switch many females on to the possibility of playing football.

In February, Keith Hackett, the General Manager of the Professional Game Match Officials (PGMOL) in England came to New Zealand and was the lead instructor at an Elite and Emerging Referee Course in Auckland. In May, Mike Hester was invited to be an intern with PGMOL and whilst in England refereed two games. Keith Hackett was forced to cut short his trip but promised to return to New Zealand in 2010 to complete a tour of federations. I am certain Mike Hester (2009) and Peter O'Leary (2008)

who remain in the sport by transitioning to a different role within it. Additionally, through improving the product, NZF intends to attract more players to the sport. The plan also presents an opportunity to achieve much needed alignment across our sport through creating efficiency and higher levels of consistencies in the organisation, administration and delivery of football to the grassroots community. It comprises a three-stage roll out, starting with the junior component of the game, of new products and services that will greatly improve the

16

17

Football Development Report Cont..

Football Development Report Cont..

There were, however, some increases we can directly attribute to the World Cup and the performance of the Young Football Ferns in front of home crowds. Included in this was the successful introduction of a condensed and centralised form of girls only football in Wellington to go along with existing leagues in United Soccer1, Auckland Football and Mainland Football.

The Females in Football programme was piloted in 2009, featuring female only Small Whites coaching courses, ambassador visits by Football Ferns and their U-20 counterparts as well as the introduction of initiatives to strengthen school-club links. These were built on and expanded for the launch of a national campaign in early 2010. Females in Football will continue to be the

workshop to drive women's football forward. The ongoing support and commitment of federations and the NZF Women's Advisory Group is crucial to growing the women's game.

down the national flavour of the league and overall the league highlighted a lack of depth, not just in players, but in top senior female coaches and referees.

across the country. The two-day tournament was a successful start for NZF-Futsal and a great showcase of things to come. In addition, the Level 1 NZF-Futsal referees

These observations were fed into a review FIFA have demonstrated their commitment to the female game in this country, not only by awarding us the hosting rights of a major tournament but also by working with NZF through the Oceania Football Confederation to help deliver the event's legacy. In October, nine New Zealand participants of the league as part of NZF's wider competitions review and changes to future editions of the National Women's league will take steps to grow the number of female coaches and referees as well as improve the quality of our senior talent pool. The Females in Football Programme is already making huge strides to improving the quality and number of female coaches and referees. Strengthening the development pathway through our national competitions is fundamental to its success. Futsal Domestically, the National Women's League made a welcome return after a year's hiatus but was not without it problems. The withdrawal of two federations watered New to the development landscape in 2009 was the integration of futsal. This newly established department is responsible for the promotion and structure of futsal, by means of futsal competitions, courses, programmes and other proactive measures on behalf, and in accordance with the objectives and purposes, of NZF. Since November 2009, a number of key events and achievements have taken place that have seen futsal become an integral part of the football landscape under the guidance and direction of NZF. The inaugural NZF-Futsal National Men's Tournament in December was hosted in Wellington and involved sixteen teams from

course content was completed and delivered to a group of newly qualified futsal Referees. Many more Level 1 courses will be delivered around New Zealand throughout 2010. A key goal for futsal development is to grow the game through establishing new sustainable futsal clubs and centres, providing the resources to get started and ensuring a quality experience. The NZFproduced Futsal Starter Resource Pack is a key tool, not only to the launch of successful new clubs but also to the ongoing success of existing clubs and part of a compelling selling point in regards to affiliation to NZF. While officially integrated late in 2009, NZF-Futsal has already received vital support from key local and international stakeholders. Integrating with, and contributing to, the development frameworks for game, player, coach and referee, futsal can provide a complimentary array of opportunities and is set to become an important component within the Whole of Football plan. John Herdman Director of Football Development

Football is growing in popularity among females but to further grow our player base in a market where we are directly competing with a dominant sport of netball, we need creative solutions to offer flexible opportunities for more girls to participate. Girls-only summer football leagues, as part of a wider Junior Girl's Football framework, will be a key product in stage one of the Women's Football Development Strategy. The strategy will focus on the 6-12 year old bracket for the first three years growing our participation base and talent pool from the grassroots up.

visible recruitment campaign to grow the game at all levels and for all roles within the game. The strategy's implementation would not have been possible without the input and support of the federations, all of whom were represented and contributed to a two-day

including both U-17 and U-20 national team coaches and a number of regional candidates took part in a FIFA/OFC women's coaching course facilitated by Belgium national coach Anne Noe and former USA national coach April Heinrich.

"Football is growing in popularity among females"

18

19

Financial Comment

SUMMARY The financial results in 2009 mirrored the on-the-field performances of the All Whites. Success on the field, primarily in the home FIFA World Cup qualifier versus Bahrain, provided New Zealand Football with significant above budget revenues. NZF has achieved a surplus from operations of $1.35m for 2009. This result was largely attributable to: Prudent foreign exchange management locked in the 2009 FIFA Confederations Cup participation revenues at a more favourable exchange rate than budgeted. The sell-out of Westpac Stadium in Wellington for the November 14 World Cup qualifier versus Bahrain. A continuation of the tight fiscal management over NZF, coinciding with increased funding through FIFA/OFC in relation to the Win in Oceania programme, provided further financial benefits for NZF during the financial year. The scheduled loan repayment to Kiwibank occurred, as planned, in July 2009 and good cash flow management ensured that a further, unscheduled, payment was made to Kiwibank in November 2009. NZF will now target to fully repay the Kiwibank loan in June 2010, one year earlier than originally planned. REVENUE

required to ensure that the terms of our loan to Kiwibank were achieved, also contributed to the result. EXPENDITURE NZF expenditure was $7.9m during the year ended 31 December 2009. This value includes $0.3m related to the `value in kind' contra with revenue. For comparative purposes if these expenses were excluded, expenditure would total $7.6m, a 44% increase over the previous year. Personnel costs reduced by $1.0m, attributable in the main to the reduction in personnel numbers, in line with the restructuring during 2008. Event management costs increased by $2.0m as a consequence of the significant All Whites activity during 2009, including the 2009 FIFA Confederations Cup and the home and away FIFA World Cup qualifiers played against Bahrain. Financial expenses increased by $0.7m in 2009 as a full year of interest costs were incurred on the Kiwibank loan. Included in financial expenses is $0.4m attributable to a Board re-assessment of the carrying values of NZF fixed assets. Occupancy costs increased by $54k, as a consequence of a rental increase in October 2009 and the removal of the subsidy received for rent in 2008 from the shared premises with the 2008 FIFA U-17 Women's World Cup project team. FINANCIAL POSITION

FIFA U-17 Women's World Cup. The term loan from Kiwibank has been repaid to the value of $1.0m in 2009 through the scheduled payment in July 2009 of $0.6m and a further repayment of $0.4m paid in November 2009. Bank balances have increased by $4.3m over 2008; this is mostly compensated by increases in trade payables of $0.8m and an increase in tied income in advance of $2.3m. OUTLOOK FOR 2010 ONWARDS 2010 will provide significant revenue increases over 2009, due to the All Whites participation in the 2010 FIFA World Cup. It must be understood that this has been a four year journey, with significant investment expenditure required over this period to achieve the monies to be received in 2010. We must have a more sustainable model to grow the game. A significant surplus is projected in 2010, with further positive accumulated funds and net working capital. The legacy of the All Whites qualifying for their first World Cup since 1982 must be maintained and the revenues earned protected for the benefit of future generations of footballers in New Zealand. The Board are acutely aware of the need to ensure that funds available for NZF, are invested prudently and accumulated for the successful delivery of NZF programmes. A major focus will commence in 2010 around the development of a national football programme that will address the needs of grassroots football and still make funds available to further develop our international teams. These programmes will be delivered whilst maintaining the tight monetary controls necessary to ensure prudent management continues at both the national and regional levels of football in New Zealand. The financial projections for 2011-12 highlight tight operational budgets, delivering small surpluses in the next three years. Colin Margison Chief Financial Officer

Audit Report

To the members of New Zealand Football Incorporated We have audited the financial statements on pages 4 to 12. The financial statements provide information about the past financial performance of New Zealand Football Incorporated and its financial position as at 31 December 2009. This information is stated in accordance with the accounting policies set out on pages 25 and 26. Board responsibilities The Board is responsible for the preparation of financial statements which give a true and fair view of the financial position of New Zealand Football Incorporated as at 31 December 2009 and the results of its operations for the year ended on that date. Auditors' responsibilities It is our responsibility to express an independent opinion on the financial statements presented by the Board and report our opinion to you. Basis of opinion An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial statements. It also includes assessing: Our firm has also provided other services to New Zealand Football Incorporated in relation to general services and other attestation work. This matter has not impaired our independence as auditors of New Zealand Football Incorporated. The firm has no other relationship with, or interest in, NZF Incorporated. Auckland Our audit was completed on 22 April 2010 and our unqualified opinion is expressed as at that date. We conducted our audit in accordance with New Zealand Auditing Standards. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to obtain reasonable assurance that the financial statements are free from material misstatements, whether caused by fraud or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements. - give a true and fair view of the financial position of New Zealand Football Incorporated as at 31 December 2009 and the results of its operations for the year ended on that date. - comply with New Zealand generally accepted accounting practice; · thefinancialstatementsonpages22 to 29: · whethertheaccountingpoliciesare appropriate to New Zealand Football Incorporated's circumstances, consistently applied and adequately disclosed. · properaccountingrecordshavebeenkept by New Zealand Football Incorporated as far as appears from our examination of these records. · thesignificantestimatesandjudgements made by the Board in the preparation of the financial statements; We have obtained all the information and explanations we have required. In our opinion: Unqualified opinion

NZF recorded revenue of $9.3m in the year ended 31 December 2009, inclusive of $0.3m for goods and services received as `value in kind'. The increase in revenue is related to the Win in Oceania funding received from FIFA/OFC, the revenue from the All Whites participation in the 2009 Confederations Cup and the additional revenue received from the sell-out game in Wellington on November 14. The increase in affiliation fees The surplus of $1.35m has led to an improvement in accumulated funds from -$0.7m to +$0.7m in 2009. The assistance provided by Kiwibank, SPARC and OFC has contributed to an improvement in the net working capital position from -$0.6m to +$0.3m in 2009. Trade receivables decreased by $0.5m over 2008 mainly due to the amount received from FIFA in relation to the

20

21

New Zealand Football Incorporated Statement of Financial Performance

For the Year ended 31 December 2009

New Zealand Football Incorporated Statement of Movement in Accumulated Funds

For the Year ended 31 December 2009

Note

2009 $'000

2008 $'000

Note

2009 $'000

2008 $'000

REVENUE Sponsorship and grants Levies Event receipts Coaching Other revenue Value in kind ­ Donated goods and services TOTAL REVENUE Less: EXPENDITURE Personnel Event management Coaching development Travel expenses Governance Occupancy expenses Communications Professional services Team expenses Office expenses Financial expenses Donated goods and services TOTAL EXPENDITURE NET SURPLUS / (DEFICIT) FROM NORMAL OPERATIONS Other Revenue - FIFA Women's U17 World Cup 2008 Other Expense - FIFA Women's U17 World Cup 2008 3 3 2

Total recognised revenues and expenses 2,666 1,291 4,413 152 474 276 9,272 1,558 681 2,740 117 539 176 5,811 Accumulated funds at the beginning of the year 1,401 4,131 181 44 81 102 150 167 180 124 1,085 276 7,922 1,350 1,350 6 1,350 2,047 2,137 54 38 58 48 103 230 112 76 415 176 5,494 317 6,341 (6,341) 317 44 361 (690) (1,007) Net surplus / (deficit) for the year after transfers Transfer from building reserve to accumulated funds 6 1,350 361 (44)

Movements in accumulated funds for the year

1,350

317

Accumulated funds at the end of the year

660

(690)

NET SURPLUS / (DEFICIT) Transfer from reserves Net surplus / (deficit) after transfers

22

23

New Zealand Football Incorporated Statement of Financial Position

As at 31 December 2009

New Zealand Football Incorporated Notes to the Financial Statements

For the Year ended 31 December 2009

1. STATEMENT OF ACCOUNTING POLICIES A. Entity Reporting New Zealand Football Incorporated, formerly New Zealand Soccer Incorporated ("the society") is an incorporated society registered under the Incorporated Societies Act 1908. These financial statements have been prepared according to New Zealand generally accepted accounting practice. To ensure consistency with the current year, comparative figures have been restated where appropriate. B. Adoption of International Financial Reporting Standards In September 2007 the Accounting Standards Review Board (ASRB) decided that the mandatory adoption of NZ IFRSs should be delayed for certain small entities. This decision was formally announced in ASRB Release 9 Delay of the Mandatory Adoption of New Zealand Equivalents to International Financial Reporting Standards for Certain Small Entities. The society has decided to take advantage of ASRB Release 9 and will not be adopting NZ IFRS until the reporting requirements have been clarified. C. Going Concern In preparing these financial statements, consideration was given to the on-going funding of the Society and the possible outcome of negotiations for additional grants and sponsorship. In March 2008, New Zealand Football Inc. received a bank loan of $1.5 million from Kiwibank, repayable over a three year term. A grant from SPARC has been approved to meet interest payments on that loan. To repay the loan principal, New Zealand Football Inc. increased their annual affiliation fees during the year. In addition to this, SPARC have also contributed significant funding during the year.

Note $

2009 '000

2008 $'000

MEMBERS' FUNDS Accumulated funds Building reserve Total members funds / (deficit) Represented by: CURRENT ASSETS Bank Trade receivables and other debtors Advances TOTAL CURRENT ASSETS Less: CURRENT LIABILITIES Trade payables and accruals Current portion of Term Loan Funds received for committed expenditure - other TOTAL CURRENT LIABILITIES

6

660 660

(690) (690)

7 9 10

5,276 758 50 6,084

951 1,208 60 2,219

12 8

1,937 500 3,332 5,769

1,149 600 1,060 2,809

WORKING CAPITAL SURPLUS / (DEFICIT) NON-CURRENT ASSETS Property, plant and equipment TOTAL NON-CURRENT ASSETS NON-CURRENT LIABILITIES Term Loan TOTAL NON-CURRENT LIABILITIES NET ASSETS / (LIABILITIES) For and on behalf of the Board

315

(590)

The statements have been prepared on a going concern basis, the validity of which depends upon future funding being available. If the Society was unable to continue in operational existence for the foreseeable future, due to not receiving on-going funding, adjustments may have to be made to reflect the fact that assets may need to be realised at amounts other than those at which they are currently included in the statement of financial position and the Society may have to provide for further liabilities that may arise. In addition, the Society may have to reclassify fixed assets and long-term liabilities as current assets and liabilities. D. Measurement Base The accounting principles recognised as appropriate for the measurement and reporting of earnings and financial position on a historical cost basis are followed by the Society. E. Specific Accounting Policies The following particular accounting policies which materially affect the measurement of financial performance and of financial position have been applied:

4

345 345

800 800

12

660

900 900 (690)

Director

Date

22/04/2010

(i) Goods & Services Tax All revenue and expense items and all items in the Statement of Financial Position have been stated net of Goods and Services Tax with the exception of receivables and payables which are stated inclusive of Goods and Services Tax.

Director

Date

22/04/2010

24

25

New Zealand Football Incorporated Notes to the Financial Statements Cont..

(ii) Differential Reporting New Zealand Football (Inc) qualifies for differential reporting by virtue of the fact that it has no public accountability and the entity is not large in terms of the size criteria specified by the Framework for Differential Reporting. The entity has taken advantage of all differential reporting exemptions. (iii) Property, plant and equipment and Depreciation Property, plant and equipment is recorded at cost less an appropriate allowance for depreciation. During 2009, the Directors reassessed the carrying values of all asset categories, which lead to a significant reduction in the carrying values of those assets. The depreciation rates are: Property Improvements Furniture & Fittings Office Equipment Gear & Equipment Intangible Assets 5-10 years 18% - 48% 33% - 48% 20% 20% Straight Line Diminishing Value Diminishing Value Diminishing Value Straight Line

New Zealand Football Incorporated Notes to the Financial Statements Cont..

2. EXPENDITURE The following have been (credited) / charged to the statement of financial performance: 2009 $'000 Bad / doubtful debts Fees paid to auditors Interest expense Rental expense Depreciation ­ Property improvements Depreciation ­ Office equipment Depreciation - Gear & Equipment Depreciation ­ Furniture & fittings Depreciation ­ Intangibles Re-assessment Asset carrying values 3. FIFA WOMEN'S U17 WORLD CUP 2008 The following have been (credited) / charged to the statement of financial performance: 2009 $'000 Revenue: Sponsorship and grants Event receipts Other revenue Total Revenue 665 5,633 43 6,341 2008 $'000 (2) 26 112 261 86 26 1 13 6 393 2008 $'000 26 14 102 211 132 20 1 6 7 -

Capital work in progress is not depreciated. (iv) Accounts Receivable Accounts receivable are valued at estimated realisable value. (v) Leases Payments made under operating leases are recognised in the statement of financial performance on a basis representative of the pattern of benefits expected to be derived from the leased asset.

(vi) Income Tax As an incorporated society established to promote the sport of football in New Zealand, the Society is exempt from income tax under section CW39 of the Income Tax Act 2004. (vii) Income For grant and sponsorship income, revenue is recognised once the conditions attached to this have been met. The unused portion of this income is recorded as funds received for committed expenditure. Other revenue is recognised in the statement of financial performance as it accrues.

Expenditure: (viii) Foreign Currency Transactions Foreign currency transactions throughout the year are converted into New Zealand currency at a rate approximating the exchange rate ruling at the date at which the transaction took place. At year end, foreign currency balances are converted into New Zealand currency at the ruling rate of exchange at balance date. Exchange differences arising are recognised in the statement of financial performance. (ix) Donated goods Donated goods provided to the Society have been recorded at the directors' best estimate of fair value at the date of acquisition. F. Changes in Accounting Policies There has been no material changes in accounting policies applied during the period covered by these financial statements. All accounting policies have been applied on a basis consistent with those used in previous years. Personnel Event management Travel expenses Occupancy expenses Communications Professional expenses Office expenses Depreciation ­ Office equipment Fees paid to auditors Financial expenses Total Expenses 2,355 2,605 11 275 727 109 141 73 10 35 6,341

26

27

New Zealand Football Incorporated Notes to the Financial Statements Cont..

New Zealand Football Incorporated Notes to the Financial Statements Cont..

4. PROPERTY, PLANT AND EQUIPMENT Cost $'000 2009 Property Improvements Office Equipment Gear & Equipment Furniture & Fittings Intangibles Accumulated Depreciation $'000 Book Value $'000

7. BANK There is a bank overdraft facility with a limit of $100,000 (2008: $100,000) with security held over all current and future property of New Zealand Football. As at balance date, no funds were drawn against this facility (2008: nil). 8. FUNDS RECEIVED FOR COMMITTED EXPENDITURE 324 26 350 5 5 324 21 345 New Zealand Football receives grants for specific purposes and accordingly must comply with the conditions of each grant by using the money for its intended purpose. New Zealand Football had received $3,332,017 (2008: $1,060,484) which is committed for specific projects. 9. ACCOUNTS RECEIVABLE The current amounts receivable relate to debts less than one year old. At balance date the Directors have reviewed these and have created a provision for doubtful debts of $4,500 (2008: $6,500). Current amounts receivable include a debt due from FIFA nil (2008: $396,368) arising from the 2008 FIFA U17 Women's World Cup. 10. ADVANCES 1,168 129 9 100 30 1,436 440 120 4 61 11 636 728 9 5 39 19 800 On 24 January 2007, New Zealand Football entered into a memorandum of understanding to provide a loan of $60,000 (2008: $60,000) to Waikato/Bay of Plenty Football (formerly Force 3). The loan was interest free for 1 year. Repayment was due after 1 year with interest being charged at 10% per annum thereafter. During 2009, the Directors were formally advised that the Board of Waikato/Bay of Plenty Football wished to re-negotiate the memorandum of understanding. The Directors have assessed the loan of $50,000 and are of the opinion that this balance of this loan will be repaid during 2010. 11. COMMITMENTS AND CONTINGENCIES There are no commitments or contingencies at 31 December 2009 (2008: nil). 2009 $'000 2008 $'000 138 120 258 2009 $'000 Current Portion Non-Current Portion 500 500 2008 $'000 600 900 1,500 12. LOANS PAYABLE On 5 April 2008, New Zealand Football entered into a term loan agreement to receive a loan of $1,500,000 from Kiwibank Limited. The loan is at a fixed rate of 9.00% per annum. Repayments were made against this loan during 2009 with the scheduled loan repayment of $600,000 being made on 30 July 2009, followed by a further loan repayment, agreed with Kiwibank Limited, of $400,000 on 18 November 2009. The balance of the loan ($500,000) is scheduled for repayment on 30 June 2010. There is no break penalty for the fixed interest rate.

Cost $'000 2008 Property Improvements Office Equipment Gear & Equipment Furniture & Fittings Intangibles

Accumulated Depreciation $'000

Book Value $'000

5. OPERATING LEASE OBLIGATIONS

Current Portion Non-Current Portion

99 11 110

6. RESERVES Building reserve During 2003, Oceania Football Confederation's infrastructure loan was converted to a grant upon the completion of the North Harbour Stadium office and field development. The grant of $250,000, together with a grant of $40,000 received from the Lion Foundation towards office fitout, was transferred to a Building reserve. Transfers were made from the reserve to accumulated funds over the initial 5 year period of the lease. This was to offset the corresponding depreciation charge on the asset. This year nil (2008:$43,500) was amortised. The Building reserve was fully amortised in the 2008 year.

28

29

Official apparel, footwear and ball supplier to New Zealand Football and a proud Small Whites partner

Proud sponsor of the Thai Airways All Whites, Oly-Whites, Junior All Whites and Young All Whites

Proud to be a Small Whites partner

Official Supporters

Proud partner of New Zealand Football

Proud supporter of New Zealand Football

Partner supporter of NZF's coach development programme

Proud supporter of New Zealand Football and official partner of the Perry National Age Group Tournament

Proud supporter of the Lion Foundation National Women's League and the Lion Foundation National Youth League

Proud Supporter of New Zealand Football

Proud supporter of New Zealand Football

Proud supporter of New Zealand Football

Proud partner in injury prevention with New Zealand Football

Official supplier of Vehicles to New Zealand Football

Proud Partner of New Zealand Football

Proud Partner of New Zealand Football

Supporter of New Zealand Football

30

31

32

New Zealand Football·NorthHarbourStadium,OtehaValleyRoad,Albany,Auckland·POBox301-043,Albany,Auckland,NewZealand·www.nzfootball.co.nz

Information

17 pages

Find more like this

Report File (DMCA)

Our content is added by our users. We aim to remove reported files within 1 working day. Please use this link to notify us:

Report this file as copyright or inappropriate

786568


You might also be interested in

BETA
How to Become a Personal Trainer.p65
Only Yesterday. An Informal History of the 1920's
a1_04_15_08_DJ
newsnow dummy
newspaper template.indd