2016//2017 - cyca

ANNUAL REPORT CRUISING YACHT CLUB OF AUSTRALIA

2016//2017

JOHN MARKOSCommodore

PAUL BILLINGHAMVice Commodore

NOEL CORNISH AMRear Commodore

ARTHUR LANERear Commodore

JANEY TRELEAVENTreasurer

SAM HAYNESDirector

TONY KIRBYDirector

LEANDER KLOHSDirector

ARTHUR PSALTISDirector

Photo creditsCover: David BroganDaniel Forster / RolexAndrea FrancoliniJenny Evans

2016//2017BOARD OF DIRECTORSCRUISING YACHT CLUB OF AUSTRALIA

CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2017 // 01

Board of Directors, Management and Sub-Committees 02

Membership, Life Members, Past Commodores & Obituary 03

Commodore’s Report 04

Treasurer’s Report 08

Redevelopment Committee Report 10

Sailing Committee Report 12

Training & Development Committee Report 14

Marina & Site Committee Report 16

Audit, Planning & Risk Committee Report 17

Member Services Committee Report 18

CYCA SOLAS Report 20

Cruising Captain’s Report 22

Associates Committee Report 24

Director’s Report 26

Auditor’s Independence Declaration 30

Statement of Comprehensive Income 31

Balance Sheet 32

Statement of Changes in Equity 33

Statement of Cash Flow 33

Notes to the Financial Statements 34

Director’s Declaration 48

Auditor’s Independent Declaration 49

Core and Non-Core Property 50

Supplementary Information to the Statement of Financial Performance 50

Members List 51

Yacht Register 59

//CONTENTS


CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2017//02

Board of Directors

Commodore J. Markos

Vice Commodore P. Billingham

Rear-Commodore N. Cornish AM, A. Lane

Treasurer J. Treleaven

Directors S. Haynes, T. Kirby,

L. Klohs, A. Psaltis

Management

Chief Executive Officer K. Grega

HR Manager & Member Services Manager C. Del Conte

Marketing & Communications Manager R. Macdonald

Commercial & Business Development Manager K. Symons

Accountant J. Butchers

Sailing Manager J. Kirkjian

Operations Manager M. Neumann

Senior Duty Manager M. Gibson

Sub-Committees

Archives

L. Klohs (Chair), J. Allan, T. Cable, D. Chamtaloup, D. Colfelt,

B. Kellett, P. Shipway.

Associates

P. Messenger (President), J. Anson, J. Bartrum K. Brooks,

J. Childers, P. Christie, J. Dahl, P. Emerson, M. Keelty,

K. Kellett, A. Lulham, C. Mulherin, P. Neate.

Audit, Planning & Risk

N. Cornish (Chair), P. Billingham, D. Jacobs, A. Lane,

J. MacFarlane, M. Pelosi, J. Treleaven.

Cruising

T.Kirby (Chair), D. Doyle, A. Green, A. Hawkins, J. Keelty,

D. Mason, T. Nobbs, S. Prince, A. Psaltis, Y. Shutova, L. Smith,

F. Walker, S. Walsh.

Marina & Site

A. Lane (Chair), D. Jacobs, S. Haynes, B. Kellett, J. Messenger,

A. Wenham.

Member Services

A. Lane (Chair), J. Anson, J. Atkinson, L. Klohs, K. Mendes,

P. Messenger, L. Roe.

Redevelopment

P. Billingham (Chair), R. Carr, L. Klohs, A. Lane, J.Treleaven.

Rolex Sydney Hobart Yacht Race Planning

J. Markos (Chair), P. Billingham, N.Cornish, J.Treleaven.

Sailing

N. Cornish (Chair), D. Burt, D.Doyle, L. Goodridge,

S. Haynes, B. Kellett, J. Kirkjan, T. Kirby, A. Psaltis.

Technology Committee

J. Treleaven (Chair), J. Atkinson, D. Burt, C. Cunningham,

M. James, T. Kirby, L. Klohs, A. Lulham, L. Roe, M. Sugg,

S. Vahebzadeh.

Training & Development

A. Psaltis (Chair), T. Barker, S. Jarvin, L. Klohs, A. Kear,

S. Vahebzadeh.

Young Members Committee

L. Roe (Chair), A. Balogh, A. Cribb, L. Klohs, P. Ward,

J. Treleaven.

2016//2017BOARD OF DIRECTOR’S, MANAGEMENT & SUB-COMMITTEES


Membership

31/03/17 31/03/16

Member 1,457 1,506

Country 97 109

Regional 127 122

Crew 66 80

Overseas 153 145

YSA Junior 49 37

YSA Crew 44 52

Junior 3 0

Associate 442 425

Sailing Associate 9 13

Life 12 13

Past Commodore 6 5

Family/Junior 63 65

15 Year Member 38 39

15 Year Regional 1 1

15 Year Country 1 2

15 Year Associate 4 4

15 Year Sailing Associate 1 2


30 Year Regional 3 0

30 Year Country 44 47

30 Year Overseas 10 13


30 Year Sailing Associate 4 0



2,861 2,894

Life Members

Name Year Elected

A.L. Brown 1992

J.F. Keelty 1998

P.H. Bush 1999

B.C. Psaltis 1999

J. York OAM 2002

A.L. Cable 2005

D.A. Van Ewijk 2007

J.C. Messenger 2008

D.B. Kellett AM 2011

G. Lewis-Bearman 2013

J. Kirkjian 2014

J.W. Winning AM 2015

Past Commodores

Name Year Served

A.C. Walker 1944 - 1946

P.M. Luke 1947 - 1948

M.E. Davey 1949 - 1951

S. Berg 1952 - 1953

A.B. Wilson 1954 - 1956

M.E. Davey 1957 - 1958

D.M. Brown 1959 - 1960

R.C. Hobson 1961 - 1962

B.C. Psaltis 1963 - 1964

R.A. Cottee 1965 - 1966

N.B. Rydge AM 1967 - 1968

R. Crichton-Brown 1969 - 1970

B.C. Psaltis 1971

J.J. Bleakley 1972

J.N. Bridgland 1973

J.P. Diamond 1974 - 1975

G.N. Evans 1976

J.P. Diamond 1977

A. Pearson 1978 - 1979

K.C. Roxburgh 1980 - 1981

G.S. Girdis 1982 - 1983

J.L. Brooks 1984 - 1985

A.E. Cooley 1986 - 1987

D.B. Kellett AM 1988 - 1989

L. McClean 1990 - 1991

L.P. Minehan 1992 - 1993

D.C. Fuller 1994 - 1995

P.H. Bush 1996 - 1997

H. Van Kretschmar 1998 - 1999

H. Sommer 2000 - 2001

J. Messenger 2002 - 2003

M.R. James 2004

G.R. Lavis 2005 - 2006

M.C Allen 2007 - 2010

G. Linacre 2011 - 2012

H. Piggott 2013 - 2014

J. Cameron 2015 - 2016

OBITUARYMembers who have sailed their last voyage:

Audrey Arthy, Richard Chapman, John Christie,

Neil Cole, Raymond Collett, Neville Gosson,

Fay Khoo, John McKim, James McLaren,

Morris Paul, Geoffrey Peacock, Clifford Stanyon,

Stephen Trevillion, Donald Walker-Smith.


The pace of the past year has been fast and fulfilling, as we

recharted the club’s long-term position.

The most significant carry over from last year was the

progress made with the club’s long-term planning and

redevelopment. After a tumultuous number of years, we

can see the end of the beginning with Stage 1 refurbishment

works due to start mid-May.

Governance reform

Stepping to the helm was more work than I anticipated,

despite having been a member of the Board for eight

previous years. With the changeover of CEO, the Board, in

conjunction with management, embarked on a Governance

Reform Program updating contracts and developing

policies where none previously existed, at the same time as

completing several day to day business projects. Included

in these was tying up loose ends associated with previously

completed projects. In addition, fires safety measures on

the Marina were upgraded, with a Development Application

and Licence agreement lodged for the Sydney and Hobart

Race Villages respectively run in conjunction with the Rolex

Sydney Hobart Yacht Race, along with the recent DA for the

Annex and Clubhouse refurbishment. Negotiations have

also commenced with the relevant authorities to crystallise

the leasehold positions for both our water lease and the land

lease. I am pleased to report the work on the leases is well on

the way to securing the club’s footprint for the next 34.5 years.

Continuation of years of work on redevelopment

Vice-Commodore Paul Billingham has been tireless and

dedicated in bringing to fruition the many tasks asked of

him and there have been many. A special credit to Paul

is his chairmanship and delivery of the actions arising out

of the Redevelopment committee. His support of CEO

Karen Grega in managing and delivering two successful

DA’s with CYCA architects AJC is very much appreciated by

everyone on the Board and in management. Paul will later

acknowledge members of his committee.

In past communications I have also acknowledged the

efforts of several members and past directors in the various

iterations of the redevelopment committee. Past Chairmen

Arthur Lane and Paul Clitheroe, along with several other

senior members including architect Geoff Bonus, spent a

great deal of time working on first drafts and plans presented

to the members. We are all glad to bring the planning to an

end. It has been a mammoth commitment and a long time

in the pipeline.

The work to get the DA approvals from Council was achieved

under the leadership and with presentations by CEO Karen

Grega at each juncture, including public meetings. Karen

has received wide acclaim from observers and several

directors who attended the council meetings, with our thanks

– Leander Klohs and Arthur Lane. Karen’s work with our

landlord and local residents was also critical and is very much

appreciated and commended by the Board.

We expect there should be minimal disruption to the

operations of the club during the first phase, and for the

remainder of this year, except for the closure of the car park

between the clubhouse and the “Annex”.

Committee groups and restructure

With the reduction to nine directors on the board, we have

reformed the structure of the committees and reporting

lines. I am very grateful to the Flags for taking on guidance

of quadrants or groups of committees and working with the

other directors to handle the business-as-usual committee

tasks and special projects effectively. Each of the directors has

taken on committee responsibilities and unselfishly devoted

large amounts of time to foster more connection between

committees, the Board and management, members and in

marshalling the flow of resolutions and actions.

The Major projects group of committees that are overseen

by the Vice-Commodore and myself include the Planning

Committees for the immediate and then the 75th edition of

Rolex Sydney Hobart Yacht Race. All the Flags have been

a part of the planning this past year. Janey Treleaven and

Leander Klohs have also been members of these committees.

2016//2017COMMODORE’S REPORTCommodore John Markos


We have made significant gains to lift the brand and appeal

of the villages, building on the work started the previous year.

Operations Manager Michael Neumann in his extended role

in 2016 as Production Manager for both Race Village played

a major role in the enhanced look of the villages. Our CEO

also contributed enormously with her work on the planning

but especially in obtaining the local and state government

approvals. These are set for the next six years and place the

club in good positions to develop further income.

Noel Cornish has taken ownership of the Governance group

of committees. This includes chairing the Audit Planning and

Risk; Special projects and ad hoc committees. There have

been huge strides in developing policies, reforming contracts

and documenting procedures. One of the special projects

undertaken during the past year involved several senior

members investigating and then recommending to the Board

that the club submit a proposal to buy the neighbouring

DAlbora’s Marina. While we did not succeed we have a good

relationship with the new owner.

In addition Noel chaired the Sailing Committee

(incorporating the cruising committee) – at the heart of the

clubs activities. Directors Sam Haynes, Tony Kirby and Arthur

Psaltis have been part of that steering committee.

The Governance piece was further under review by our

treasurer Janey Treleaven, with several initiatives established

to restate the allocation of expenses and clearer reporting of

profit for the different centres of the clubs operations. I thank

Janey and CYCA Accountant James Butchers in this regard.

Janey and her IT committee have been enormously

helpful in reviewing several software and internet media

options for the club; this includes the assessments and

recommendations for the soon to be installed Micropower

point-of-sale hardware and new accounting software. This

installation addresses the need to integrate a number of our

software applications with our Accounts Department.

There has also been much discussion around the reshaping

of our IT platform and websites. Some exciting initiatives

being investigated include state of the art technology to

stream live vision of our races back to the clubhouse, with

replays through our social media platforms.

We are conscious of the need and remain committed to

addressing the archives and in time for our 75th anniversary.

I am pleased we have made progress and acquired an

archiving system. The framework is being designed and

alongside that we have plans in the immediate term to

correct the historical record of the results of Sydney Hobart

race, on our club site and the race website.

Rear Commodore Arthur Lane has guided the Members

Services group of committees, including the evergreen

Associates, and the Training and Development [incorporating

the YSA]. Directors have also chaired various committees

in this group, including Janey Treleaven, Leander Klohs

and Arthur Psaltis. Amongst this group is the Marina and

Site committee that has undertaken a review, as part of the

governance reform, in the allocation and use of berths. The

wait list and some berths occupied by inactive boats have

been tidied up. In future, boats on the wait list and boats

licenced to use the marina will be reviewed regularly under

Board established criteria for priority or holding a berth.

The committee reports from the flags and other chairpersons

will follow with acknowledgements of members who have

assisted. I thank everyone involved for their service on the

committees or projects.

Rolex Sydney Hobart Yacht Race

With its rich history over 72 years, our iconic race epitomises

the qualities of resilience, determination and drive which

affords a unique profile in Australia and the world of sailing.

The race has attracted interest from many around the globe

where many will agree that #sailinghasnoborders. Much of

this essence is featured in the video presentations by Rolex

available in the “Spirit of Yachting” programs and also on

shorter videos about the Race I heartily commend to you. You

can access these on the CYCA TV channel on YouTube.

There have been huge strides in developing policies, reforming contracts

and documenting procedures


For the 2016 Race we introduced some new features. Most

notably, the Notice of Race was translated for the first time

in Mandarin (the largest contingent of yachts from Asia

entered in 2016); the club hosted its first and very successful

corporate luncheon to launch the events around the Race and

conducted the first post-race survey of skippers and crew.

We thank Channel 7 for its live broadcast that linked to our

website and for working with our broadcast partners overseas.

This was the first time the start of the Race was broadcast live

in Mainland China through LeSports and across Asia through

the Foxsports Asia network with 17.7million subscribers. This

generated the interest that lead to an invitation to the CEO

and myself to attend the 22nd China International Boat Show

in Shanghai in 2017 and speak about the Rolex Sydney Hobart

Yacht Race at the end of April.

The interest in the Race is increasing with viewership across

different media in over 220 countries. As an illustration at

least 1.2 million people in Australia watched the Race start

live with a vast number of new viewers watching the start

live in Mainland China for the first time. We will continue

the focus on delivering the vision across other media and

to a larger world audience. Building on the efforts in 2015,

new partnerships were formed with support sponsors to

further enhance the presentation of the Race Villages in

Sydney and Hobart to book end the Race. With a multi-year

DA approval in Sydney, this allows us to move forward with

certainty on developing additional revenue streams through

hosting more functions and catering to a wider audience

and the public. Likewise in Hobart we have a confirmed

village layout to provide continuity in presentation going

forward. We are very pleased with the outcomes and there

has been much positive feedback from all stakeholders about

the improvements. The look and feel of both villages now is

aligned to the prestige of our Race.

Each village had a large outdoor screen which allows us to

showcase some of the club events and show regular replays

of the start of the Race and past race highlights. We also live-

streamed the Awards Presentation in Hobart onto the screen

at the Sydney Race village on New Year’s Day.

The 2016 Race marked the fifteenth race sponsored by

Rolex. It was great to be joined again by Jöel Aeschliman

from Rolex Geneva. Jöel was a part of the team that

inaugurated the sponsorship by Rolex. We thank Rolex and

Jöel, Lionel Schurch and Patrick Boutellier for their friendship

and continued support.

A shout out and thank you to Cmdre Tim Cox who in 2016

also marked 15 years, as Race Director. Tim has helped the

club enormously by undertaking this demanding role so

professionally.

Strategy

The reboot of the clubs strategy was undertaken by the

Board in several special meetings. I will outline the strategies

at our AGM, but central is the vision to refocus on the Blue

Water pedigree of the club.

I am delighted we have confirmed new races to add to our

calendar; Sydney to Noumea in June 2018, and Auckland to

Sydney, in the near term. We will also develop a super series

for 52 footers, and we are in dialogue with several clubs and

yacht owners to reinvigorate the Southern Cross Trophy

(competition for national teams). We are also looking to

celebrate other trophies at special events.

Plans are afoot to establish the CYCA Sailing Foundation.

This will enable the development of more programs that

align with the good work of the YSA* and its classroom

facility established at the Sail loft of the building at Sir David

Martin Reserve. These tailored programs will be applied to

the development of sailing and life skills across three key

target groups - women; disadvantaged persons and a third

for developing cross-cultural relationships. There will also be

a focus of developing inter-schools programs.

*It is timely to remind ourselves of the tremendous outcomes

from the programs undertaken by the CYCA YSA since 1993.

It has produced hundreds of world class sailors, culminating

in over 50 World Championship titles, 5 America’s Cup

sailors, 4 Olympians, and over 40 Rolex Sydney Hobart

participants as well as competitors in the Volvo Ocean Race.

We will further consider the establishment of an endowment

program.

Maintaining close working relationships with our corporate

partners to ensure fulfilment of sponsorship agreement

is also a high priority for the Board and Management in

particular. Consistent with our focus to generate alternative

streams of revenue the management team has worked in

earnest. The most significant gains have been made with

additional sponsorships and we thank the following for

coming on board to support the club:

• Carlton United Breweries

• JANUS et Cie (a five year sponsorship of the Sydney

RSHYR Village)

• Land Rover (2017 Winter Series, and LRSGCYR)

• Morton’s Hire (sponsorship of the Hobart Race Village)

• Mumm Champagne

• Sharp (Australian Youth Match Racing 2017 – 2020)

COMMODORE’S REPORT continued


• Smartsheet (three years in specialist planning software)

• Tourism Tasmania (Sponsorship in the RSHYR Hobart

Village)

• Pipers Brook Vineyards and

• Ponant was recently welcomed by our CEO as the

sponsor of the Sydney Noumea Yacht Race.

Club personnel

I have maintained for quite a while that we need more

people on staff to task with many new initiatives that will

ultimately deliver more value for members.

Accompanying the many changes in 2016-2017 are the

appointments to join our CEO in Accountant James

Butchers, Commercial and Business Development Manager

Kathy Symon and Marketing and Communications Manager

Ross Macdonald.

My thanks to the managers who are constants for the club,

Justine Kirkjian, Michael Neumann and Marina Gibson and

their teams. A special thanks to Vicky Huang who proved

indispensable with her versatility especially in our liaison and

publications with the Chinese Sailing stakeholders. Thanks

also to the Blond Catering Team lead by Jesper Hansen,

with Anna Persson, Liz Dickson and head Chef Will and

their functions and bistro team for their hard work and the

improvements in catering.

We have always been supported by volunteers and we will

seek more volunteers to help with key initiatives to enhance

the welcome to visiting local and overseas sailors, especially

with the addition of the Clipper fleet in 2017, and the conduct

of critical support of our key events.

I thank all the committee members and particularly the

Associates for freely contributing. And I especially thank

the Board for supporting this year’s large agenda and being

prepared to act quickly to drive the necessary changes.

None of the directions of the Board could be actioned

without an effective CEO and management. In Karen’s first

full year so much has been achieved that the tasks could

easily have been spread over several years with no objection.

Karen is a very accomplished sports administrator. She has

worked with total commitment and over each weekend as

well. I thank Karen very much for her dedication and passion.

The club is in very good hands.

And besides completion of this year’s projects, what’s ahead

for this coming year? A continuation of governance reform

and a review of the Constitution; planning for our 75th

anniversary; developing alternative revenue streams; our

support of the Invictus Games, and a redesign of the marina

at the end of A arm (eliminate issues with berthing in variable

conditions for the larger boats and create an additional

space) and further work on our archives, to name a few.

The club was built on the foundations of the spirit of

friendship, comradery and competition, driven by a passion

for excellence and a great appreciation for sailing that

definitely continues today. This personality underpins the

club activities and an engagement with a wide community

each sharing that passion and temperament. I am

confident we will keep this focus and I look forward and

remain available to continue to work with the Board and

management to keep this club in very special regard.

I thank members and those who have engaged with me on

club business for unfailing courtesy and cooperation.

The club was built on the foundations

of the spirit of friendship, comradery

and competition, driven by a passion for excellence and a great appreciation for sailing that definitely

continues today


2016/2017 saw a return to profit of $70,481 and was favourable to the prudent budget set by the Board after a year of change

and innovation in 2015/2016.

Financial Summary

For Members ease of reference, I have summarized certain key financial information as to the Club’s performance and

position over the last three years:

Profitability

Revenue remained stable year-on-year, increasing 1.7% from

$8,379,681 to $8,518,432, mainly related to a 5% increase

in permanent berthing rates from October 2016. Further to

this, permanent berthing has been operating at its maximum

capacity for the majority of the financial year. Other

increases included new sponsorship and partnerships with

JANUS et Cie, Sharp, Smartsheets, Tourism Tasmania, Peroni

(CUB) and Mumm Champagne, increased race entries and

5% increase in casual berthing rates.

These increases were offset by:

• A slight decrease in subscription revenue due to a 1.2%

decrease in members.

• Approximately $50k of lost revenue from bar, food and

room hire due to the power outage on 2 Dec 2016.

• Lower interest rates.

2017

$

2016

$

2016

$

Income statement

Profit/(Loss) for the year 70,481 -195,873 875,197

Cashflow

Net cash (decrease)/increase 608,358 820,242 943,698

Balance sheet

Current Assets 7,194,451 6,967,093 6,004,648

Non-Current Assets 7,987,065 7,959,653 8,547,790

Current Liabilities 1,703,928 1,673,695 1,115,440

Non-Current Liabilities 5,348,609 5,194,553 5,182,667

Members Funds 8,128,979 8,058,498 8,254,371

Number of Members 2861 2894 3002

2016//2017TREASURER’S REPORT Treasurer Janey Treleaven


Total operating expenses also remained relatively stable,

decreasing 1.6% from $7,875,088 to $7,742,965. The

year-on-year decrease primarily comes from the one- off

expenses last year such as the CEO transitions, change of

caterers, improvements to the “look and feel” of the Club

and expenditure on the Clubhouse refurbishment planning

process. Sailing event costs also decreased during the year

with management implementing measures to control costs

associated with the facilities provided at the Rolex Sydney

Hobart Yacht Race villages.

This decrease was offset by:

• A significant increase in property expenses due to the

costs associated with the restoration of the Annex

building.

• Repairs and maintenance increases such as to

refrigeration, kitchen appliances, marina pedestals,

decking, car park gates and building signage.

Capital Expenditure

During the year there was just over $1,060,000 of capital

expenditure which included circa $450,000 on progressing

the Refurbishment through to DA approval including

architects design and specifications and $611,175 of assets

purchased during the year.

Significant items purchased included:

• Two Brig’s for the YSA

• AV equipment upgrades including Sharp printers,

interactive whiteboards, monitors, laser projectors and

LG televisions

• Fire services and hydrant to upgrade marina safety

• Marquees, Astroturf and containers for the two

Rolex Sydney Hobart Yacht Race Villages

• Installation of a disabled ramp up to the hardstand

• Enhanced CCTV and access control systems

Liquidity

The Club’s working capital position has improved 1.5% - up

$95,388 from $6,465,713 to $6,561,101. This slight increase

reflects the increased capital expenditure during the year as

we get ready for the Refurbishment project to commence.

Outlook for 2017

2017/2018 will see the Annex Refurbishment started

and finished (Stage 1) and the start of the Clubhouse

Refurbishment (Stage 2). The Club is expecting to spend

(with professional fees, contingencies, council fees and

levies) some $9m on the two stages over the next two years.

This staging has been designed to minimise disruption to

member facilities and Club operations, however the impact

of the Clubhouse closing 1 February 2018 will mean a loss

next year due to reduced revenue from the bars, bistro,

rent (New Beach Road café closed), external functions and

increased expenses from operating a temporary Clubhouse

on the hardstand. For more information on this project

please refer to the Redevelopment Committee report.

For the first time in seven years, the Board has decided to

increase Membership fees by 15%. This increase allows us

to keep pace with the increasing costs of running a Club

like ours which we have been absorbing for some time.

Whilst not an easy decision to make, it was made in the best

interests of the Club’s continuing financial security as we

enter a period of significant reinvestment. In future years

there will be smaller, more regular increases to keep pace

with increasing costs.

Chief Executive Officer Karen Grega, her team and the Sub-

Committees continue to ideate and implement changes

that drive efficiency and innovation. Solgen solar panels will

shortly be installed on the main clubhouse roof to reduce

our annual spend of $100k on electricity by 12%. In addition,

the refurbishment will use low energy appliances where

possible, LED lighting and improved insulation. A Commercial

and Business Development Manager has been recruited to

identify new sponsorship opportunities and secure ongoing

commitments from current sponsors.

Both leases (wet & dry as we call them) are coming to an

end and we are in advanced negotiations with both State

Government landlords to secure the Club’s long term

occupancy of Rushcutters Bay.

In closing, I would like to thank the new Club Accountant

James Butchers for his seamless transition into the role, taking

over from Sandra Bloomfield who left the Club in June 2017

after 13 years of service to be closer to home and family.


Bringing our plans to life

In the 2015/2016 annual report I discussed the progress of

the Redevelopment Committee towards both securing the

Club’s long term tenure of its New Beach Road home and

developing a blueprint for the future.

This past year has seen those plans finalised and, as I write,

the first Stage of the redevelopment is now underway.

Lease extensions

Before moving on to discuss the redevelopment works, it

is also important to note that over the past year we also

completed the final stage of the hardstand works. This

required the installation of a new fire hydrant system,

obtaining the correct certifications and lodging the myriad of

final paperwork to make the hardstand fully compliant and so

clear the way for lease extension discussions.

We have subsequently made great progress negotiating to

extend the land and water leases with our two landlords –

Department of Lands and the RMS, and expect to shortly

secure extensions of both leases until 2052.

I should also say that along the way both landlords have

been incredibly supportive of the Club and its redevelopment

planning - including supporting both of the successful formal

Development Applications we made this year (for the Race

Village and Annex/Clubhouse refurbishment).

Sir David Martin Reserve

Next a quick update on the Youth Sailing Academy premises,

and after completion of building maintenance works by

Woollahra Council, in early May the Youth Sailing Academy

successfully moved into its new premises (which offers

twice the space it previously enjoyed) and just in time for

refurbishment work to commence on the Annex.

As I flagged last year, we see this move as the first exciting

stage of an expansion of our youth training programs and

are now in dialogue with interested parties on the long term

future of the Sir David Martin Reserve site.

The refurbishment

So onto our major redevelopment project - and at long

last work is underway to refurbish both the Annex and

Clubhouse, along with ancillary works to repair the deck

structure and to grade and resurface the car parks.

Members’ attention is drawn to the periodic updates

on the website specifically detailing the progress of the

refurbishment which I won’t repeat here, however suffice to

say the Club expects to have completed all interior and deck

works by October/November 2018 (but probably excluding

the large car park resurfacing which may have to take place

in early 2019).

Importantly the Club aims to have the builders off site

throughout all of December 2017 and January 2018 –

the busiest times of the year; and the CEO has already

announced it will then be necessary to relocate the social

side of Club activities into a new purpose built temporary

facility to be located on the hardstand from February 2018

until the conclusion of the Clubhouse works. A development

application will be lodged shortly with Woollahra Council to

support this.

The facility the Club aims to construct on the hardstand will

provide a great temporary clubhouse for Members of at least

the same size as the current Sydney Hobart bar and deck

area. It will then conveniently double as the base for the

recently announced sailing program of the Invictus Games in

late October 2018.

This timetable has been carefully planned to minimise the

impact on Members, the running of our major events and the

imposition on our neighbours and my thanks go to the team

of consultants lead by architects AJC and Project Manager

Nix Anderson for their dedication in achieving this.

We have every reason to expect that the work will be

completed by early 2019 so we can celebrate the Club’s

75th anniversary in style - but I ask for Members support and

patience during the construction phase.

2016//2017REDEVELOPMENT COMMITTEE REPORTVice Commodore Paul Billingham, Chairman


Summary

Club management lead by CEO Karen Grega and Operations

Manager Michael Neumann have worked tirelessly this year,

expertly supported by many consultants and advisers, too

numerous to name.

My own committee of Rear Commodore Arthur Lane,

Treasurer Janey Treleaven, Director Leander Klohs and

Member Rhonda Carr have met officially and unofficially on

too many occasions too count as we finessed the overall

plan and discussed the minute details of the refurbishment.

We now eagerly wait to see the end result!

Finally I wish to acknowledge the passing of Howard Bersten,

Director of TLB Engineers on 8 April 2017 after a short illness.

Howard provided invaluable advice and technical expertise to

the Club for many, many years and indeed was working on

the deck repair program until the end. Vale.


The 2016-17 sailing season was a great success. Our extensive

sailing program includes; the Blue Water Pointscore, Ocean

Pointscore, Grant Thornton Short Haul and Grant Thornton

Short Ocean Pointscores, the Maker’s Mark Monday Twilight

Series, the Club Marine Wednesday Twilight Series and the

Land Rover Winter Series and the Spring Series.

Thank you

Thank you to our sponsors; Rolex SA, Land Rover Australia,

Grant Thornton, Maker’s Mark and Club Marine for their

highly appreciated contribution and assistance which allows

us to conduct one of Australia’s finest yachting programs.

I would also like to thank the members of the Sailing

Committee for their ongoing commitment and valued input;

Directors Anthony Kirby, Arthur Psaltis and Sam Haynes,

members Denis Doyle, Les Goodridge, John Kirkjian, David

Burt, Bradshaw Kellett and our permanent guest Tim Cox. The

experience and dedication that they bring to our Committee

always makes this Committee a pleasure to Chair.

Sydney Noumea Yacht Race in 2018

The Committee continuously examines and reviews the

annual sailing program in a bid to foster improvement in the

Club’s racing program. This year’s initiatives included the

addition of Spring and Summer pointscores to the Club Marine

Wednesday Twilight Series and the relaunch of the Sydney

Noumea Yacht Race.

Improvements planned for CYCA website

The Sailing Office team have been working closely with

MySail.team to assist with finding crew and managing your

crew/racing. They have also been working on the online

entry system to tweak the system so it is as user friendly as

possible for competitors entering our races.

The handicapping and rating systems continue to

be monitored with continued support for IRC as the

predominant rating system. Rating systems are always

evolving and it has been beneficial that both rating systems

have had staff in Australia in the past 12 months that have

been available for club Sailing Managers to meet with and

discuss any issues.

Volunteers

The Club is very fortunate to have enthusiastic volunteers

that assist with our racing. Thank you to; Denis Thompson,

Robyn Morton, and Steve Kidson for acting as Principal

Race Officers, and the race management team; Maryrose

Heffernan, AJ McManus, Jennifer Birdsall, Narelle Ryan,

Richard Ferguson, John Allan, Sarla Holmes, Brad Friar, Jim

Lelliott and our Crew Liaison officer, Rob Skol.

Marine Rescue NSW

We are grateful for the assistance and ongoing support of

Marine Rescue NSW who assist us with the conduct of the

pre-race radio checks for both the Land Rover Sydney Gold

Coast Yacht Race and the Rolex Sydney Hobart Yacht Race.

I would like to thank the following people;

• Tim Cox who provides strong and effective management

of our various major Race Committees.

• Our dedicated International Juror, John Kirkjian who

assists with our juries and protest committees.

• Geoff Askew, Jon Williams and Steve York, our

Emergency Management Team Leaders for all our

Category 1 & 2 races, and their team of volunteers who

standby in the event they are mobilised during a race.

• Denis Doyle and John Allan, who acted as our Mobile

Emergency Management Team stationed in Eden during

the Rolex Sydney Hobart Yacht Race.

Congratulations

Congratulations to Jim and Kate Delegat who were declared

the overall winner of the 72nd Rolex Sydney Hobart Yacht

Race with their Volvo 70 Giacomo. This year’s race was

unprecedented with all boats finishing by 3pm on the 30th

December (that’s 83 boats finishing within 4 days and 2

hours!). Congratulations to the three boats that beat the

race record; Perpetual Loyal, Giacomo and Scallywag. The

open race record now held by Anthony Bell’s Perpetual Loyal

stands at 1 day 13 hours 31 minutes and 20 seconds.

2016//2017SAILING COMMITTEE REPORTRear Commodore Noel Cornish AM, Chairman


The Land Rover Sydney Gold Coast Yacht Race consisted

of a very strong fleet of 75 boats. Congratulations to overall

winner, Matt Allen’s Ichi Ban. Koa (Andy Kearnan & Peter

Wrigley) placed 2nd overall and M3 (Peter Hickson) in 3rd.

This year the overall Blue Water Pointscore (the IRC

Pointscore of the Blue Water Series) was won by Rupert

Henry’s JV 62, Chinese Whisper closely followed by Ichi Ban

and last year’s Blue Water and RSHYR winner Paul Clitheroe’s

Balance in 3rd. In IRC Division 1, Ichi Ban was 1st followed

by Chinese Whisper and M3. IRC Division 2 was won by

St Jude followed by Queenslander Robbo Robertson’s Bravo

and in 3rd place Black Sheep (Derek & Martin Sheppard).

The overall Blue Water Pointscore results were mirrored

in the ORCi overall Pointscore (the Cape Byron Series)

with Chinese Whisper winning the series from Ichi Ban

and Balance. In ORCi Division 1, Chinese Whisper was 1st

followed by Ichi Ban and Koa. In ORCi Division 2, Black

Sheep placed 1st followed by Bravo and Shane Kearn’s

Komatsu Azzurro.

The Tasman Performance Series (the PHS Pointscore

of the Blue Water Series), was won by St Jude with Ichi

Ban following in 2nd and Jim Delegat’s Giacomo in 3rd.

Giacomo won PHS Divison 1 followed by Ichi Ban and RKO

(Aaron Rowe). PHS Division 2 was won by St Jude followed

by Pazazz (Rob Drury) and Bravo.

The Line Honours Pointscore of the Blue Water Series

was convincingly won by Giacomo followed by Chinese

Whisper in 2nd and Ichi Ban in 3rd. It was wonderful to have

international and interstate boats compete in the series.

Julian Farren-Price secured the Ocean Pointscore for IRC

for the 8th time with his boat About Time. Balance was 2nd

on countback to About Time and Nine Dragons followed in

3rd. The ORCi Series was won by Balance, followed by About

Time and The Goat (Sebastian Bohm). The PHS series was

convincingly won by Colin and Denise Wilson’s Never a Dull

Moment followed by Balance and About Time.

In the Grant Thornton Short Ocean Pointscore, Imagination

(Robin and Annette Hawthorn) again won IRC Division 1

followed by Flying Cloud (Howard Piggott) and The Goat. In

a role reversal PHS Division 1 was won by The Goat, followed

by Flying Cloud and Imagination.

In Division 2, Peter Franki’s Saltshaker won the IRC pointscore,

followed by Crosshaven (Sean Rahily & Justin Pelly) and

Stormaway (Jack Stenning & Colin Gunn). PHS was won by

Crosshaven from Saltshaker and Shibumi (Bryan Moore).

The Grant Thornton Short Haul Series was as always,

hotly contested with 33 boats entered in the series. Vice

Commodore Paul Billingham’s Defiant was triumphant in

winning the PHS series followed on countback by Macscap

(Peter McClelland) and in third place L’Attitude (Rob Hunt,

Jon Short and Miles Bastick). In the IRC pointscore, One

More No More (Ian Guanaria) for the 4th year in a row was

declared the winner with L’Attitude finishing 2nd and Bear

Necessity (John Blair) in 3rd.

Next (Phil Tomkins) was again successful in winning the

Maker’s Mark Monday Twilight Series in Division 1 PHS.

Kirribilli (Adrian Abbott) again finished in 2nd and Sinewave

(Greg Mason & Barb Maunsell) followed in 3rd. Division

2 PHS was won by Anthony Booth’s Selkie with Superfine

(George Waldthausen) finishing in 2nd and Black Diamond

Bay (Kerry Lehman) in 3rd. The IRC pointscore was won by

Next with Kirribilli in 2nd and Ginger (Leslie Green) in 3rd.

In March the club successfully hosted the Australian Yachting

Championship and congratulations must go to Karl Kwok and

his team on Beau Geste for winning the IRC Championship

for the fourth consecutive year.

The Top Jocks Regatta concluded our Summer Series. This

year the Top Jock Regatta included 2 short harbour races

along with 4 windward/leeward races conducted in our fleet

of Elliott 7’s. Richard Williams and a few of his Calibre crew

won the regatta followed by teams from Next and Patrice.

Congratulations to all competitors that competed throughout

the year in our events.

Thank you to the CYCA’s Sailing Manager, Justine Kirkjian

and her team in the Sailing Office; Stephen Craig, Tara Blanc-

Ramos and Emma May for their outstanding service and

support.

The Training & Development Committee including Leander

Klohs (Director), Angelique Kear, Shahrzad Vahebzadeh, Steve

Jarvin and Tom Barker (from overseas), supported by, in the

YSA, Head Coach Jordan Reece, YSA Administrator Pam

Scrivenor and Sailing Manager Justine Kirkjian, is pleased to

present to the CYCA members an overview of the operations

and achievements of our youth sailing program over the

financial year.

The CYCA welcomed Jordan Reece in April 2016 as the

new Head Coach for the YSA. With the benefit of a full year

behind him, Jordan is now leading the coaching team and

implementing new ideas and updating our programs and

regatta schedule.

Also with myself now just over a year in this seat, we have

commenced a comprehensive review of our training and

development strategy so as can continue to grow and

strengthen our offering and reputation for youth sailing.

In May, the YSA launched the first of three new Brigs to replace

the current blue Avon ribs. The Brig was dedicated and named

‘Don Mickleborough’ in a wonderful family day with Don’s

daughters and grandchildren joining the celebration. The

next two boats arrived later in the year and all three are now

working well for the YSA during training, squads and regattas.

Over the year, 87 sailors participated in winter and summer

training squads and 61 students attended one of four school

holiday courses on offer.

The YSA is very fortunate to have such strong support from the

CYCA membership. The YSA relies on members to take youth

sailors on board for harbour and offshore races extending their

keel boat experience and including them in crews for major

regattas. 20 current YSA squad sailors took up this opportunity

to sail with members during the Land Rover Winter Series,

CYCA 7s Series, Land Rover Sydney Gold Coast Yacht Race

and Rolex Sydney Hobart Yacht Race. Over 35 current and

graduate YSA sailors have also secured exciting overseas sailing

opportunities with both Australian and international teams.

Members have also assisted the YSA sailors in loaning their boats

for match racing training prior to regattas in larger keel boats

and continue to make their boats available to accommodate

visiting youth sailors who are competing in YSA regattas. For this

we are very thankful. We are unaware of any other clubs who

are as generous as the CYCA members in support of their youth

programs and we greatly appreciate this support.

Other highlights of our Youth sailing program include four YSA

students competing in their first Rolex Sydney Hobart Yacht

Race while many others continue to support the members

competing in Land Rover Sydney Gold Coast, Airlie Beach and

Audi Hamilton Island Race Weeks along with Summer and

Winter series races held at CYCA. Many YSA sailors continued

to compete on the World Match Racing Tour with the two

CYCA teams of CYCA KA Match and CYCA Down Under

Racing winning events on the WMRT. Another alumnus, Will

Ryan also competed in the 2016 Rio Olympic Games, winning

a Silver Medal for Australia in the 470 class with skipper Mat

Belcher.

In October, the YSA introduced a young member’s series on-

board the YSA Elliott 7s. The Series was created to encourage

our younger members and new members to the club as well

as generate another competitive platform for existing members

to compete in the sport of sailing in fleet racing. The first series

was a resounding success with over 12 applications for the

8-boat fleet. A second series was run in March 17 and plans have

already started for the 2017 Spring and 2018 Summer Series’.

October also saw the introduction of a new training squad

for the YSA to replace the existing Women’s Squad program.

The Summer Performance Squad opened applications to

all sailors looking to participate in an exciting new training

and development program overseen by Head Coach Jordan

Reece. The new eligibility criteria enabled new members to

participate in the series with over 20 participants signing up.

The new program will continue in 2017 with the ambition to

draw in over 40 participants by 2019

We are investigating how we can extend our reach into

secondary schools to offer young sailors the chance to be

part of the exciting YSA program. So far the Scots College has

responded with 11 students participating in the development

and advanced squads. We see this as an obvious growth area.

We also want to explore how we can increase the utilisation of

the boats for members in general and are open to new ideas

such as the 7’s series.


2016//2017TRAINING & DEVELOPMENT COMMITTEE REPORTDirector Arthur Psaltis, Chairman


Over the past twelve months the CYCA Youth Sailing Academy

has achieved great success in all three divisions in match racing

(Open, Youth & Women’s). Harry Price, Angus Williams & Ben

Robinson secured a Silver Medal at World Sailing Youth Match

Racing World Championship in Noumea, New Caledonia, and

won the Club Marine NSW Youth Match Racing Championship.

September saw Hobart host the Women’s Match Racing

Championship, with Caitlin Tames, Emma Harrison, Tara Blanc-

Ramos and Jess Grimes fighting hard all series and came away

with a very creditable 2nd place for one of the CYCA best

women’s results in years. The team then backed this up with

another 2nd place at the Marinassess Women’s Match Racing

Championship (CYCA).

Success continued in September for the CYCA with the club

hosting and winning the Sharp Australian Youth Match Racing

Championship as well as the Musto International Youth Match

Racing Championship which became a Grade 2 match race in

2016. Rounding off the circuit, young YSA sailor, Finn Tapper,

competing in his first international youth match racing event,

won the CentrePort Wellington International Youth Match

Racing Championship in February with Tom Grimes, Nick

Thyne and Paddy Dawson as crew.

Harry Price, Ben Robinson and Murray Jones also won the

Detroit Cup Grade 2, Chicago Grand Slam Grade 2 and won

the overall US Grand Slam Series, qualifying for the WMRT

Congressional Cup in March, finishing 10th. These overall

successes for Price and his team have also seen him climb to a

CYCA World Sailing Ranking best of World #3.

Off the water, the YSA has relocated to the Sail Loft building

adjacent to RANSA to enable renovation of the Annex

building to commence, signalling the first phase of the CYCA

redevelopment program. While this is a big change for the YSA

being separated from the CYCA building, the staff are working

hard to be able to accommodate its programs with as little

disruption as possible.

In closing we extend our appreciation to our many supporters,

Elliott sponsors including Musto Australia, Walker Corporation,

Steadfast-IRS, Club Marine, d’Albora Marinas, Elliott Marine,

Sultanate of Oman, Toga Group, GME, Hood Sails, Harken,

Noakes Boatyard and Regatta sponsors including John

Messenger & Marinassess, Phil Tomkins & Shelving Systems

and Dean Harrigan (Capt John Piper Regatta). Without these

fine organisations we would not be able to run the program

efficiently. I encourage members to remember this when they

are seeking marine services.

CYCA YSA Calendar April 2016 – March 2017

Advanced Squad events:

• Kellett Shield Fleet Racing Regatta

• Shelving System’s Match Racing Regatta

• Captain John Piper Match Racing Regatta

• Interclub Challenge (RPAYC, CYCA, NCYC, RSYS)

CYCA hosted events:

• Club Marine NSW Youth Match Racing Championships –

1st, 4th, 5th, 6th & 8th

• Marinassess Women’s MR Regatta – 2nd & 3rd

• SHARP Australian Youth Match Racing Championship –

1st & 4th

• Musto International Youth Match Racing Championships

– 1st

The YSA represented the CYCA in the following regattas:

• Ficker Cup, Long Beach USA – 5th

• World Sailing Youth MR Championship, Noumea – 2nd

• Governor’s Cup, USA – 4th

• New Zealand Women’s MR Championship, NZ – 4th

• US Grand Slam Series (4 US MR events) – 1st

• Australian Women’s MR Championship, Hobart – 2nd

• Sail Mooloolaba (QLD MR Championship) – 3rd

• Victorian MR Championship – 3rd

• Harken International Youth Match Racing Championship

– 7th

• Warren Jones (U25), Perth – 5th

• Hardy Cup (U25), Sydney – 7th

• Nespresso International Youth Match Racing Championship

– 7th

• CentrePort Wellington International Youth Match Racing

Championship – 1st

Regattas held in the Elliott 7s:

• Top Jocks Regatta

• Australian Defence Forces Regatta

• Scots Parents & Sons Twilight Regatta

• Property Industry Foundation Regatta

Sailors competing in their first Rolex Sydney Hobart Yacht

Race:

• Ben Robinson

• Kathleen Stroinovsky

• Lauren Gallaway

• Charlie Gundy

YSA students and graduates have also performed and trained

several one-design classes, including:

• Will Ryan won a silver medal at Rio Olympics crewing for

Mat Belcher in 470 class

• MC38 Nationals, 10 past and current YSA members across

six boats

• Many YSA graduates competed in Etchell state and national

titles

• 12 YSA graduates and sailors competed on the World

Match Racing Tour

Your Marina and Site Committee continues with its overall

responsibility of ensuring that the Club’s assets and facilities

are maintained at the highest standards possible and

satisfaction for the use of the members.

The Club’s management team has again demonstrated their

dedication in the very effective preventative maintenance

schedule that they work to. They continue to showcase

their ability and agility to deal with and resolve the very many

unexpected issues that arise in a marine environment, and

in a rapidly ageing infrastructure that has strict budget and

capital expenditure controls.

The work ethic and extensive hours that Michael Neumann

our Operations Mand his team of Tom Giese, Max Leonard,

Stephen Cole and Max Henderson put into the day to day

management of the marina and site to make our use of the

facilities so assessable are very much appreciated by all.

Much has been achieved over the past year and the new

hardstand has proven itself as a very valuable and versatile

piece of real estate. Over and above its primary use as dry

storage for certain classes of yachts it has been a spectacular

space for the Rolex Sydney Hobart Race Village and its

various functions. It will now also become the area to hold

the temporary accommodation for a number of office and

workshop facilities needed by the Club for the next 18 months

during the redevelopment phase of the Club House and the

Annex building.

Licences

The new licence agreements for both permanent and

temporary berths and the marina By-Laws have been approved

by the Board. All yacht owners occupying berths will be

issued with these when their present licences expire. The

Board has also accepted the Committees recommendations

with regard to reducing the period of time that a berth holder

may hold over a berth if they are not occupying it. The Board

has also accepted the Committees recommendation with

regard to any inactive vessels on the marina in order to reduce

the waiting list for active members requiring berths. The

Committee has adopted a matrix that will provide a fairer and

more transparent method for assessing the difficult task of

allocating berths when they do become available.

The Committee together with management, is reviewing a

number of feasibility studies to reconfigure the end of A arm

of the marina for larger vessels.

Clubhouse and Annex

The land based assets are undergoing extensive long

overdue refurbishment over the next 18 months, however

the management team will still have an enormous amount

of work maintaining the assets before their replacement

and upgrading.

The Club will also separately install a 49.3 Kw solar energy

system to the roof of the existing club-house in order that

we may have more control over the ever increasing cost of

power. The solar system will provide approximately 12% of

the Clubs annual power needs.

The number of parking bays will be reduced during the

construction stage and there will only be a similar number to

what we have now once all work is finished. On completion

the Club will have had installed its new ‘smart card’ system

and there will be the ability to have a far greater control of

the usage of the bays for the members of the Club. The

operations team has also been working with the architects

and consultants to ensure that low energy appliances,

LED lighting and improved insulation is incorporated in the

refurbishment to help minimise the power costs needed to

run the Club’s facilities.

Thank you to the Committee Members

I would like to acknowledge and thank the Committee for all

its very valuable input and time over the past year. Having the

knowledge, skills and diverse abilities of past Commodores

John Messenger and Kerry Roxburgh, Andrew Wenham the

previous Chairman of this Committee, David Jacobs, Brad

Kellett and fellow Director Sam Haynes has allowed this

Committee to work through and resolve the many issues that

have arisen over the year.


2016//2017MARINA & SITE COMMITTEE REPORTRear Commodore Arthur Lane, Chairman


The members of this Committee are: Vice Commodore Paul

Billingham, Treasurer Janey Treleaven, Director Arthur Lane,

David Jacob and Michael Pelosi. Julia MacFarlane joined the

Committee towards the end of the year. I would like to thank

the team for their dedication and commitment and welcome

Julia who brings significant risk management experience to

the work of the Committee.

The Committee continued to undertake is traditional role

of planning, overseeing, reviewing and checking matters

that underpin the functioning of our Club such as operating

budgets, capital expenditure, annual accounts, auditor’s

reports, critical communications, contracts, sponsorship

agreements, insurances, notices of races and sailing

instructions.

In addition, there has been increased work this year

associated with our Club redevelopment such as reviewing

development approval applications and options and

agreements with architects, project managers and builders.

As the complexity of managing the business and activities at

the CYCA is increasing both on and off the water, I would like

to express my gratitude to the management, the Committee

and the Board for their focus on enhancing the governance

and the risk management function at our Club.

2016//2017AUDIT PLANNING & RISK COMMITTEE REPORTRear Commodore Noel Cornish AM, Chairman

The Committee continued to undertake is traditional

role of planning, overseeing, reviewing and checking

matters that underpin the functioning of our Club

Members will have already seen and experienced the results of the Technology Committee and managements work over the past year in designing and introducing the upgrades to our back of house financial systems and the new Point of Sale terminals. This will allow the introduction of new Smart Cards to be issued to the membership in the near future. These new Smart Cards will enable the introduction of house accounts, purchases and a reward system for the frequent use of the Club’s facilities and services.

I would also like to acknowledge and thank the Committee for all its very valuable input and time over the past year. The support of Karen Grega our CEO and Christina del Conte our HR and Members Services Manager, Marina Gibson the Club’s Senior Duty Manager, Anna Persson from Blond Catering, Pam Messenger and Jane Bartrum from the Associates Committee, Lucas Roe, Justin Atkinson and Kevin Mendes and my fellow director Leander Klohs.

Their knowledge, skills and diverse abilities have all helped his committee to work through and resolve the many issues that have arisen over the year.

Breakfast Club

One of the great joys on a winter Sunday is the great breakfasts that Niel Burling and his team of volunteers put on and they are very much appreciated. With the funds raised they have again given $2,000 to the Pambula Hospital, donated $2,000 to the CYCA SOLAS Trust, supported the YSA with $2,000 so that they could send a team to the Sweden to partake in the Youth M32 World Championships, provided $3,000 towards the cost of a portable marquee, $1,500 for the Club to purchase a TV for the Coaster’s Retreat and again supported the annual Quiet Little Drink with their catering and volunteer services.

Associates Committee

Once again the Associates Committee have under the leadership of their President Pam Messenger produced another successful year of events such as the Trivia Nights in winter, the Ladies Night networking, the CYCA SOLAS fund raising dinner, the Masquerade Party, the Rolex Sydney Hobart Yacht Race Crew Party and the Children’s Christmas Party.

Young Members Committee

The Young Members Committee continues to support the Club’s initiatives aimed at engaging our young members as well as those ‘young at heart’. The Committee’s goal is to better understand the needs and interests of young Club goers and to provide recommendations and guidance for consideration by other Committees and the Board.

As a result of one of the Young Members Committee key initiatives we saw the introduction of the ‘7s Series’. A popular, competitive race series targeting crews wanting to improve their teamwork and skills, and for those who want to have some good, clean, competitive fun. The series is comprised of fleet races on weekday evenings in the Club’s fleet of Elliott 7s. The first two series (Summer and Spring) were held in 2016/17 and were hugely successful, with over 20 crews registering. A third series is scheduled for October later this year.

Social events continue to be a focus for the Young Members Committee and the recent End of Summer Party in April saw over 120 members and their friends enjoy the last of the warmer weather out on the deck.

Volunteers

The club has a long tradition of Members volunteering for the many tasks required to run a sailing Club. Our success is underpinned by the participation of so many members who volunteer their time and energy to:-

• attend to the functioning support of all our race days,

• the support and crew preparation for the Rolex Sydney Hobart Yacht Race,

• the training and backup to the Youth Sailing Academy and all its associated events,

• the breakfast club,

• the directors and the members of the various committees that give so much guidance and advice to the management,

• The Associates who tirelessly generate so much goodwill with their fundraising events and other social events.

//18

2016//2017MEMBER SERVICES COMMITTEE REPORTRear Commodore Arthur Lane, Chairman

CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2017

// 19

It does take time and energy from everyone, but is always a lot of fun and also a great social platform for meeting and enjoying each others company.

Sponsors

In addition we would not be able to exist without the invaluable support that we receive from our tremendous supporters

• Rolex for its ongoing support of the Sydney Hobart Yacht Race

• Land Rover Sydney for its support of the Sydney Gold Coast Yacht Race and Winter Series

• Club Marine who support the Wednesday Twilight Series

• Makers Mark supporting the Monday Twilight Series

• Grant Thornton for their support for the Short Ocean and Short Haul Series

• JANUS et Cie for the supply of high quality outside furniture for the Rolex Sydney Hobart Race Village.

I would also like to thank the many local businesses, organisations and marine industry suppliers who sponsor the very popular Members Badge Draw at the Club on Thursday evenings.

• Active Casual

• Aeolian Luxury – The Yacht Escape

• Blond Catering

• Boat Crew Gear

• Carlton United Breweries

• Corporate Awards Australia

• Delta Marine

• Gold Coast City Marina & Shipyard

• IQ Komodo

• Mariner Boating Holidays

• MediAire

• Oatley Wines

• Ormond Street Garage

• Pacific Sailing School

• Peppers Anchorage

• Performance Boating

• Steve Jarvin Motors

• Sturrocks

• Vicsail Sydney

• Wickman’s Fine Wine Auctions

• YOTI



The CYCA Sydney to Hobart Race SAFETY OF LIFE AT SEA

Trusts (CYCA SOLAS TRUSTS) were established following the

tragic loss of six lives in the 1998 Sydney to Hobart Yacht

Race. They continue to raise funds for disbursement to

needy families and safety organisations.

The CYCA SOLAS Trusts have a 100% flow through to the

beneficiary from donations making the Trusts truly unique

and with great impact, with administration and management

costs to run the Trusts absorbed by the CYCA.

This past year has been one of consolidation and fund raising

to build the coffers, however we have made disbursements

of $50,000 to Westpac Life Saver Helicopter and VMR Midge

Point.

The annual SOLAS dinner with Olympian Matt Belcher as

guest speaker raised in excess of $30,000. The other major

fund raising is through the Rotary Charity Regatta where with

the support of many CYCA boat owners, we raised $10,000

for SOLAS. We are pleased to report that we recently entered

into an agreement with the Sydney Cove Rotary Club to work

together to grow the Charity Regatta to increase the level of

fundraising. Thank you to all the members who support this

worthy cause.

2016 saw a charge of Chairman when Matt Allen who had

been Chair for 10 years retired and David Kellett became

Chairman. During Matt’s tenure as Chair, the Trusts had

passed an incredible milestone of donating in excess of one

million dollars in disbursements. We thank Matt for his great

commitment to the Trusts and have asked him to remain as

a Trustee.

Also retiring as a Trustee were Commodore John Cameron

and long serving Trustees Alan Green and Don Telford. We

thank them for their commitment over the years. Vice

Commodore Paul Billingham and Directors Leander Klohs

and Arthur Lane have been appointed Trustees who join

David Gotze, Matt Allen and David Kellett as the six Trustees.

Karen Grega has been appointed the Secretary of the Trusts.

Thank you all for your efforts and commitment.

The CYCA members should be proud of the activities of the

SOLAS Trusts.

2016//2017CYCA SOLAS TRUST REPORTDavid Kellett, Chairman

//

I am pleased to report that the 2016-17 Cruising Committee

enjoyed another very interesting and busy year. Committee

members have been active behind the scenes organising a

number of interesting and informative events for Members

and their guests.

You may recall in 2016 the Spirit of Cruising program was

instigated to assist in promoting cruising within the club.

Onshore events have included information evenings with

attendees at times numbering in excess of 80, and casual

dinners in the Rani room with attendees numbering up to

60 (the room capacity). We had guest speakers on various

subjects both technical and cruising for the casual dinners

and the outstanding presentations of Chris and Jessica Bray

on their passage through the North West Passage and John

Vallentine on his voyage down the Volga River from the Artic,

through Russia to the Black Sea.

Other highlights on the Cruising program over the last 12 months include:

• A very informative night on ‘Knowing the Ropes’ – the

different types, how they are made and when to use

which rope.

• A great presentation by Peter Bland about his expedition

to the North Magnetic Pole, hauling a sled 700km across

the frozen Arctic Sea after undergoing his second bout of

major heart surgery. Following his trips to the wilderness

Peter went on to raise more than $14million for Australian

charities. Peter shared many dimensions of these life

changing experiences.

• A Marine Safety Day attended by AMSA, Kordia

Communications, NSW Water Police, NSW Ambulance

Helicopter, NSW Marine Rescue, GME and Roads and

Maritime Service and included presentations as well as

in water and flare demonstrations. It was an extremely

informative day as all who attended will attest.

• A very informative presentation by Michael Prince on

Marine Hydrography and electronic charting which

reminded us why accurate information can be so

important.

This year has seen the Spirit of Cruising events expand to

encompass on water events on Pittwater, Lake Macquarie

and the harbour.

It is planned that on water events will expand to offer a

greater variety of destinations and the inclusion harbour

rendezvous cruises and rendezvous passages further afield.

The committee believes that progressing Spirit of Cruising

will ensure greater Club participation by members. To ensure

that greater publicity is given to events and individual cruising

activities we have instigated expanding the Cruising Web

Page to include links to other cruising organizations and web

pages and are considering a Spirit of Cruising Facebook page.

Until this is organised ensure you are signed up to the CYCA’s

weekly online newsletter for updates on what is planned.

The 2016-2017 calendar also included the S2H rendezvous

cruise to Hobart which provided CYCA support to those

who sailed South to attend the Tasmanian wooden boat

festival and/or joined in the cruising in company to many

of the fine anchorages in Tasmania. Denis Doyle was at

the helm for this event, both in organizing it and cruising

south on Ariki Tai. The rendezvous in Hobart was celebrated

by the traditional Shippies dinner with approximately 30 in

attendance.

The Cruising Committee continues to provide input to the

Sailing committee for a cruising component in the CYCA’s

2018 Race to Noumea. This event has been reinstated to

the CYCA Sailing Calendar and the Spirit of Cruising program

will include events to give information to those thinking of

preparing their yacht and undertaking such a voyage and

perhaps rendezvous for further cruising in company to some

of the many beautiful islands in this area.

CYCA Cruising again assisted the Associates in organising the

CYCA Market Day, formally known as the Trash and Treasure

day, at the club, allowing many treasures to find new a new

home.

2016//2017CRUISING CAPTAIN’S REPORTCruising Captain, John Keelty


// 23

As you may recall the CYCA Cruising committee has been

very active in establishing and assisting in offering the Medical

Management for Mariners course (MMM), which enables

First Aiders aboard yachts to reach a more advanced level

of training designed specifically for yachts. For a number of

reasons we have been unable to offer the MMM course so

the CYCA management is currently negotiating with other

companies to offer similar courses.

Thank you

In closing I wish to thank all who have assisted CYCA

Cruising over the past 12 months including Directors Tony

Kirby and Arthur Psaltis and other committee members:

Lynne Smith, David Mason, Frank Walker, Alan Green,

Shaaron Walsh, Yulia Shutova, Steve Prince, Andrew Hawkins

and especially to Ted Nobbs and Denis Doyle. Ted is the

key organiser of the Spirit of Cruising dinners and Denis the

organiser of the S2H Cruise. Both been very active on the

committee in organizing many of the information events and

their input has been invaluable.

I also wish to thank Karen Grega, Christina Del Conte, Liz

Dickson, Barbara Buttery, Michael Newman, Marina Gibson

and Maria and all the CYCA staff whose significant assistance

makes it all happen.

It is planned that on water events will expand to offer a greater variety of destinations and the inclusion harbour rendezvous

cruises and rendezvous passages further afield.



The Committee has been organising social and fundraising

events for the Club for the past 52 years. Comprising up to

15 members, our Committee endeavours to create a fun and

enjoyable calendar of events for the enjoyment of members

and their guests. Events this year included:

Trivia Nights

Trivia Nights has proven to be very popular over the past

three years, held on a Wednesday night once a month, after

the Wednesday twilight races have finished. We are grateful

to Senior Duty Manager Marina Gibson for sourcing prizes,

and assisting with the room set up. Blond Catering create a

specials menu priced reasonably at $15, available for all Trivia

contestants. Rivalry is always fierce with scores often being

only 1 or 2 points between the top 3 place getters.

Ladies Night

The annual Ladies Night was a great success in May, with

long term member Joyce Warne attending, being one of

the first Associate Committee members of the Club (over

50 years). She regaled us with her many sailing stories, one

of which included sailing in a typhoon in Sydney Harbour.

The new CEO Karen Grega attended the evening, along

with Directors Leander Klohs and Janey Treleaven. Thanks

to Committee members Pauline Christie, Margaret Keelty

and Jeri Childers who organised the event, and to Club

management for their support and assistance.

Market Day

Previously named Trash & Treasure, Market Day was held on a

lovely sunny day in October. Again there were great bargains

to be had, and the newly introduced sausage sizzle proved to

be too popular, selling out very early. Thanks to the Breakfast

Club for pitching in, and also to Club management and staff

for their assistance. Sincere thanks to Margaret Keelty who

organised the whole day, including rounding up the stall

holders, sourcing raffle prizes, and managing the registration

process. We raised approx. $400 which was donated to

CYCA SOLAS.

CYCA SOLAS Trusts Fundraising Event

This year’s guest speaker for our annual fundraiser in October

was Olympic Sailor Matt Belcher, just back from his Olympic

campaign. With over 130 guests in attendance, including

visiting RSYS Commodore Richard Chapman and Mrs

Chapman, the audience were enthralled with Matt’s stories of

his experiences at the Rio Olympics. It was pleasing to see a

number of Directors and past Commodores in attendance.

This event is wonderfully organised by Kendi and David

Kellett, who not only source the silent auction prizes, but also

liaise with the guest speakers, caterers, and countless others

to ensure a fabulous night. Thanks to David for being MC

and Auctioneer on the evening, it was a huge success. We

are very grateful for the support of the members and guests

who attended, and we raised approx. $30,000 for CYCA

SOLAS.

Clubhouse Party

The annual Clubhouse Party is always a great social event

in December, just prior to Christmas and the Rolex Sydney

Hobart Yacht Race. ‘One Hit Wonders’ provided some great

dance music, and guests partied well into the night. Our

thanks to the Club for their assistance and to Blond Catering

who whipped up some delicious international themed food

stations. Through door takings, we raised approx. $500

which was donated to CYCA SOLAS.

Christmas Hamper Raffle

Each year the Associates raise funds for a charity aligned with

helping those most in need. The charity chosen for this year

was Angel Flight an organisation who provide air transport

to major city centres for patients to receive their medical

treatment. We are most appreciative of Bush’s Meats who

provide a very generous gift voucher, along with Musto for a

lovely jacket, and Oatley Wines for their donation of sparkling

wine. With the support of members and visitors, we raised

$3,200, a great result. Thanks to Kaye Brooks for suggesting

the charity this year, and to all who purchased raffle tickets.

2016//2017ASSOCIATES COMMITTEE REPORTPam Messenger, President


Children’s Christmas Party

It was another warm sunny Sunday for the annual Children’s

Christmas Party with 50 children in attendance. Clowns,

face painting, party games and Santa provided a fun filled

afternoon, and each child received a personalised gift.

Santa was brought into the Club on the tender, the children

crowding onto the balcony to watch him arrive. This is

always a very popular event on the calendar with many long

standing members now bringing their grand-children to the

party.

Other Associates Committee contributions to the Club

Along with fund raising and social events, we also assist with

decorating the Clubhouse with Christmas decorations, and in

the lead up to the Rolex Sydney Hobart Yacht Race, helping

out at the Club or with merchandise sales.

Thank You

We have enjoyed another busy year, and my sincere thanks

to all the members of the Committee for their ongoing

support and assistance: Justine Anson, Jane Bartrum, Kaye

Brooks, Jeri Childers, Pauline Christie, Jennifer Dahl, Margaret

Keelty, Kendi Kellett, Amanda Lulham, Fiona Marr, Cathie

Mulherin, and Pam Neate.

Thanks also to Commodore John Markos, members of the

Board, CEO Karen Grega, and the many CYCA staff during

the year, for the support and assistance with all our events.

We look forward to yet another busy year ahead.


Name and Qualifications Age Experience and Special Responsibilities

Mr John Markos B.Comm, LLB

Non-executive Director

Commodore

Owner – Eye Appeal

62 Director since July 2008

Managing Partner, Hicksons Lawyers

Chairman, Rolex Sydney Hobart Yacht Race Planning Committee

Chairman, Rolex Sydney Hobart Yacht Race 75th Planning Committee

Mr Paul Billingham FCA, MAICD


Vice Commodore

Owner – Defiant


National Managing Partner - Advisory & Strategic Growth,

Grant Thornton Australia Limited

Chairman, Grant Thornton Foundation

Chairman, Redevelopment Committee

Member, Audit, Planning & Risk Committee

Member, Rolex Sydney Hobart Yacht Race Planning Committee

Member, Rolex Sydney Hobart Yacht Race 75th Planning Committee

Mr Noel Cornish B.Sc, M.Eng Sc


Rear Commodore

Owner – St. Jude


Chairman Standard Communications Pty Ltd

Director, Snowy Hydro Ltd, IMB Ltd, Forests Corp. Ltd

President Ai Group.

Member, University of Wollongong Council.

Chairman, Audit, Planning & Risk Committee

Chairman, Sailing Committee


Mr Arthur Lane B.Sc(Q.S), M.A.(T.P)


Rear Commodore

Owner – Inkonkoni


Investment Banker

Corporate Governance KPMG Advisory

Chairman, Member Services Committee

Chairman, Marina & Site Committee


Member, Redevelopment Committee


Ms Janey Treleaven B.Info Systems


Treasurer

Owner – Finn


Executive Manager, Commonwealth Bank Ltd

Chairperson, Technology Sub-Committee





Member, Young Members Committee

The Directors of the company at any time during or since the end of the financial year are:

2016//2017DIRECTOR’S REPORTYour directors present their report on the company for the year ended 31 March 2017


Name and Qualifications Age Experience and Special Responsibilities

Dr Samuel Haynes BSc BVMS GCM(VP)


Owner – Celestial


Veterinarian, Sydney Animal Hospitals

Member, Marina & Site Committee

Member, Sailing Committee

Mr Anthony Kirby Non-executive Director

Owner – Patrice Six


Investment Director

Chairman, Cruising Committee



Member, Technology Sub-Committee

Ms Leander Klohs BA Comms



Executive Manager, City of Sydney

Director, CYCA SOLAS Limited

Chairperson, Archives Committee

Member, Member Services Committee



Member, Technology Sub-Committee

Member, Training and Development Committee

Member, Young Members Committee

Mr Arthur Psaltis BCom


Owner – Into the Mystic


Managing Director, VMG Capital

Chairman, Training and Development Committee

Member, Cruising Committee


Mr John CameronB.Building


Past Commodore

Owner – More Witchcraft

68 Director from July 2006 to June 2016

Builder

Director of CYCA SOLAS Limited (retired November 2016)

Chairman, Rolex Sydney Hobart Yacht Race Planning Committee

(retired June 2016)

Member, Redevelopment Committee (retired June 2016)

Mr Andrew WenhamNon-executive Director

Past Rear Commodore

Owner – Southern Excellence II

57 Director from July 2012 to June 2016

Director, Starshell Management Pty Ltd

Member, Marina & Site Committee (retired June 2016)

Member, Redevelopment Committee (retired June 2016)

Member, Member Services Committee (retired June 2016)


Director Board Meetings Other Meetings

Number of Meetings Attended

Number of Meetings Held*

Number of Meetings Attended

Number of Meetings Held*

John Markos 11 12 6 6

Paul Billingham 9 12 13 17

Noel Cornish 11 12 17 17

Arthur Lane 11 12 14 16

Janey Treleaven 11 12 16 19

Samuel Haynes 7 9 6 8

Anthony Kirby 12 12 19 20

Leander Klohs 12 12 18 21

Arthur Psaltis 8 9 15 18

John Cameron 2 3 2 2

Andrew Wenham 3 3 1 1

Directors’ Meetings

The number of directors’ meetings (including meetings of committees of directors) and number of meetings attended by

each of the directors of the company during the financial year are:

Principal activities

The principal activities of the company during the course

of the financial year were to promote participation in

yachting including the sport of sailing and to provide ocean

racing facilities, training and other yachting facilities and

competitions for its members.

There were no significant changes in the nature of the

activities of the company during the year.

Membership

The Club is a Company limited by guarantee and without

share capital. The number of members as at 31 March 2017

and the comparison with last year is as follows:

2017 2016

Number of members 2,861 2,894

* Number of meetings held during the time the director held office during the year.

**The other meetings held relate to sub-committee meetings held during the year.

2016//2017DIRECTORS REPORTYour directors present their report on the company for the year ended 31 March 2017


Review and results of operations

The result from ordinary activities for the year amounted to

a profit of $70,481 (2016: $195,873 loss). This resulted after

charging $1,011,282 (2016: $964,147) for depreciation and

amortisation.

Dividends

The company is a non-profit organisation and is prevented by

its constitution from paying dividends.

State of affairs

In the opinion of the directors, there were no significant

changes in the state of affairs of the company that occurred

during the financial year under review.

Environmental regulation

The company’s operations are subject to various

environmental regulations under both Commonwealth and

State legislation.

The Board believes that the company has adequate

systems in place for the management of its environmental

requirements and is not aware of any breach of those

environmental requirements as they apply to the company.

Likely developments

The directors do not anticipate any further development in

the operations of the Club which will affect the results in

subsequent years.

Events subsequent to reporting date

Water and land lease

Management is currently re-negotiating the renewal of the

combined land and wet lease for a term of 37.5 years and

expects to sign within the next six months.

Other than the matter noted above, there has not arisen in

the interval between the end of the financial year and the

date of this report any item, transaction or event of a material

or unusual nature likely, in the opinion of the directors of

the company, to affect significantly the operations of the

company, the results of those operations, or the state of

affairs of the company, in future financial years.

Proceedings on behalf of company

No person has applied to the Court under section 237 if the

Corporations Act 2001 for leave to bring proceedings on

behalf of the company, or to intervene in any proceedings

to which the Company is a party, for the purpose of taking

responsibility on behalf of the company for all or part of

those proceedings.

No proceedings have been brought or intervened in on

behalf of the company with leave of the Court under section

237 of the Corporations Act 2001.

Indemnification and insurance of officers

The company has provided for and paid premiums to

the value of $6,825 (2016: $6,255) during the year for

Management Liability Insurance. The insurance is in respect

of legal liability for damages and legal costs within an annual

limit of $10,000,000 (subject to a sub limit of in any one

insurance period) arising from claims made by reason of any

omissions or acts (other than dishonesty) by them, whilst

acting in their individual or collective capacity as directors or

officers of the company, towards which the directors of the

company contribute.

The insurance premiums relate to:

• costs and expenses incurred by the relevant officers in

defending proceedings, whether civil or criminal and

whatever their outcome; and

• other liabilities that may arise from their position, with

the exception of conduct involving a wilful breach of

duty or improper use of information or position to gain a

personal advantage.

Auditor’s independence declaration

A copy of the auditor’s independence declaration as required

under section 307C of the Corporations Act 2001 is on page

5 of this annual report.

Auditor

PwC continues in office accordance with section 325 of the

Corporations Act 2001.

Signed in accordance with a resolution of the directors:

J Markos J Treleaven

Commodore Treasurer

Sydney, 18 May 2017 Sydney, 18 May 2017


2016//2017AUDITOR’S INDEPENDENCE DECLARATION


The accompanying notes form an integral part of the financial statements.

2017 2016 Notes $ $

Revenue 4 8,518,432 8,379,681

Cost of sales (886,968) (890,689)

Gross profit 7,631,464 7,448,992

Other income 4 184,982 190,223

Employee and employment expenses (2,757,444) (2,796,602)

Entertainment and members costs (218,035) (248,759)

Sailing event costs (1,029,905) (1,181,253)

Property expenses (1,543,498) (1,467,653)

Insurance (158,438) (153,700)

Repairs and maintenance (312,490) (232,967)

Temporary services (13,976) (11,510)

Other operating expenses (578,457) (683,819)

Financing expenses 5 (122,440) (134,678)

Depreciation and amortisation expenses (1,011,282) (964,147)

Profit / (loss) before income tax 70,481 (195,873)

Income tax expense - -

Profit / (loss) for the year 17 70,481 (195,873)

Operating profit / (loss) for the year 70,481 (195,873)

Other comprehensive income - -

Total comprehensive income / (loss) for the year 70,481 (195,873)

2016//2017STATEMENT OF COMPREHENSIVE INCOMEfor the financial year ended 31 March 2017



2017 2016

Notes $ $

Current assets

Cash and cash equivalents 7 1,517,573 909,035

Term deposit 8 5,043,528 5,556,678

Trade and other receivables 9 376,640 297,000

Inventories 10 128,224 109,611

Other assets 11 128,486 94,769

Total current assets 7,194,451 6,967,093

Non-current assets

Property, plant and equipment 12 7,987,065 7,944,653

Intangible assets - 15,000

Total non-current assets 7,987,065 7,959,653

Total assets 15,181,516 14,926,746

Current liabilities

Trade and other payables 13 1,132,831 848,355

Provisions 14 307,325 307,459

Borrowings 15 144,240 98,632

Income received in advance 119,532 419,249

Total current liabilities 1,703,928 1,673,695

Non-current liabilities

Provisions-NCL 14 4,982,617 4,874,043

Borrowings 15 204,079 169,085

Other payables 16 161,913 151,425

Total non-current liabilities 5,348,609 5,194,553

Total liabilities 7,052,537 6,868,248

Net assets 8,128,979 8,058,498

Members’ funds

Retained profits 17 8,128,979 8,058,498

Total members’ funds 8,128,979 8,058,498

2016//2017BALANCE SHEETfor the financial year ended 31 March 2017


Statement of Cashflowfor the financial year ended 31 March 2017


Statement of Changes in Equityfor the financial year ended 31 March 2017

Retained profits Total attributable to

the members of the entity

$ $

Balance at 31 March 2015 8,254,371 8,254,371

Loss and total comprehensive loss for the year (195,873) (195,873)

Balance at 31 March 2016 8,058,498 8,058,498

Profit and total comprehensive income for the year 70,481 70,481

Balance at 31 March 2017 8,128,979 8,128,979

2017 2016

Notes $ $

Cash flows from operating activities

Cash receipts in the course of operations 9,046,558 9,531,869

Cash payments in the course of operations (8,086,320) (8,354,553)

Cash generated from operations 960,237 1,177,316

Interest paid (21,100) (26,114)

Net cash provided by operating activities 20 939,137 1,151,202

Cash flows from investing activities

Interest received 119,293 125,541

Held in term deposit 513,150 (5,556,678)

Payments for property, plant and equipment (1,061,372) (376,010)

Cash received on sale of property, plant and equipment 17,728 12,273

Net cash used in investing activities (411,201) (5,794,874)

Cash flow from financing activities

Proceeds from borrowings 179,234 -

Repayment of borrowings (98,632) (92,764)

Net cash provided by/(used in) financing activities 80,602 (92,764)

Net increase/(decrease) in cash held 608,538 (4,736,436)

Cash and cash equivalents at 1 April 909,035 5,645,471

Cash and cash equivalents at 31 March 7 1,517,573 909,035


1. General Information

Cruising Yacht Club of Australia (“the Company”) is a

company limited by guarantee and operating in Australia.

In accordance with the Constitution of the Cruising Yacht

Club of Australia, every member of the company undertakes

to contribute to the assets of the company. In the event of

the company being wound up, whilst he or she is a member

or within one year after he or she ceases to be a member

and of the costs, charges and expenses of winding up such

as may be required, not exceeding $2 per member.

The company has 2,861 (2016: 2,894 members) members at

year end.

Cruising Yacht Club of Australia’s registered office and its

principal place of business are as follows:

1 New Beach Road, Darling Point NSW 2027

2. Summary of significant accounting policies

The principal accounting policies adopted in the preparation

of the financial report are set out below. These policies have

been consistently applied to all the years presented, unless

otherwise stated.

(a) Basis of accounting

Statement of compliance

The financial report is a general purpose financial report which

has been prepared in accordance with the Corporations Act

2001, Accounting Standards and Interpretations, and complies

with other requirements of the law including the Registered

Clubs Act. Cruising Yacht Club of Australia is a not-for-profit

entity for the purposes of preparing the financial statements.

Accounting Standards include Australian equivalents to

International Financial Reporting Standards (‘A-IFRS’). A

statement of compliance with IFRS cannot be made due to

the application of not-for-profit sector specific requirements

contained in the A-IFRS.

The financial statements were authorised for issue by the

directors on 18 May 2017.

Basis of preparation

The financial report has been prepared on the basis of

historical cost, except for the revaluation of certain non-

current assets and financial instruments. Cost is based on

the fair values of the consideration given in exchange for

assets. All amounts are presented in Australian dollars, unless

otherwise noted.

In the application of the company’s accounting policies, which

are described within this note, management is required to

make judgments, estimates and assumptions about carrying

values of assets and liabilities that are not readily apparent from

other sources. The estimates and associated assumptions

are based on historical experience and various other factors

that are believed to be reasonable under the circumstance,

the results of which form the basis of making the judgments.

Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed

on an ongoing basis. Revisions to accounting estimates are

recognised in the period in which the estimate is revised

if the revision affects only that period or in the period of

revision and future periods if the revision affects both current

and future periods.

Judgments made by management that have significant

effects on the financial statements and estimates with a

significant risk of material adjustments in the next year are

disclosed, where applicable, in the relevant notes to the

financial statements.

Accounting policies are selected and applied in a manner

which ensures that the resulting financial information satisfies

the concepts of relevance and reliability, thereby ensuring

that the substance of the underlying transactions or other

events is reported.

(b) Borrowing costs

Borrowing costs directly attributable to the acquisition and

construction of qualifying assets, which are assets that

necessarily take a substantial period of time to get ready for

their intended use, are added to the costs of those assets,

until such time as the assets are substantially ready for their

intended use.

2016//2017NOTES TO THE FINANCIAL STATEMENTSfor the financial year ended 31 March 2017


(c) Cash and cash equivalents

Cash comprises cash on hand and deposits at call. Cash

equivalents are short-term, highly liquid investments that are

readily convertible to known amounts of cash and which are

subject to an insignificant risk of changes in value and have a

maturity of three months or less at the date of acquisition.

(d) Employee benefits

A liability is recognised for benefits accruing to employees in

respect of wages and salaries, annual leave and long service

leave when it is probable that settlement will be required and

they are capable of being measured reliably.

Liabilities recognised in respect of employee benefits

expected to be settled within 12 months, are measured at

their nominal values using the remuneration rate expected to

apply at the time of settlement.

Liabilities recognised in respect of employee benefits

which are not expected to be settled within 12 months are

measured as the present value of the estimated future cash

outflows to be made by the company in respect of services

provided by employees up to reporting date.

Long term service benefits

The Company’s net obligation in respect of long-term service

benefits is the amount of future benefit that employees have

earned in return for their service in the current and prior

periods. The obligation is calculated using expected future

increases in wage and salary rates including related on-costs

and expected settlement dates, and is discounted using rates

for Commonwealth Government bonds at the balance date

which have maturity dates approximating to the terms of the

Company’s obligations.

(e) Financial assets

Loans and receivables

Trade receivables, loans, and other receivables that have

fixed or determinable payments that are not quoted in an

active market are classified as ‘loans and receivables’. Loans

and receivables are measured at amortised cost using the

effective interest method less impairment.

Interest is recognised by applying the effective interest rate

basis for debt instruments other than those financial assets ‘at

fair value through profit or loss’.

Impairment of financial assets

Financial assets, other than those at fair value through profit

or loss, are assessed for indicators of impairment at each

balance sheet date. Financial assets are impaired where there

is objective evidence that as a result of one or more events

that occurred after the initial recognition of the financial asset

the estimated future cash flows of the investment have been

impacted. For financial assets carried at amortised cost, the

amount of the impairment is the difference between the asset’s

carrying amount and the present value of estimated future cash

flows, discounted at the original effective interest rate.

The carrying amount of the financial asset is reduced by

the impairment loss directly for all financial assets with the

exception of trade receivables where the carrying amount

is reduced through the use of an allowance account. When

a trade receivable is uncollectible, it is written off against

the allowance account. Subsequent recoveries of amounts

previously written off are credited against the allowance

account. Changes in the carrying amount of the allowance

account are recognised in profit or loss.

If, in a subsequent period, the amount of the impairment loss

decreases and the decrease can be related objectively to an

event occurring after the impairment was recognised, the

previously recognised impairment loss is reversed through

profit or loss to the extent the carrying amount of the

investment at the date the impairment is reversed does not

exceed what the amortised cost would have been had the

impairment not been recognised.

(f) Financial instruments issued by the company

Debt and equity instruments

Debt and equity instruments are classified as either liabilities

or as equity in accordance with the substance of the

contractual arrangement.

Financial liabilities

Financial liabilities are classified as either financial liabilities ‘at

fair value through profit or loss’ or other financial liabilities.

Other financial liabilities

Other financial liabilities, including borrowings, are initially

measured at fair value, net of transaction costs.

Other financial liabilities are subsequently measured at

amortised cost using the effective interest method, with

interest expense recognised on an effective yield basis.

The effective interest method is a method of calculating the

amortised cost of a financial liability and of allocating interest

expense over the relevant period. The effective interest

rate is the rate that exactly discounts estimated future cash

payments through the expected life of the financial liability,

or, where appropriate, a shorter period.

(g) Impairment of other tangible and intangible assets

At each reporting date, the company reviews the carrying

amounts of its tangible and intangible assets to determine

whether there is any indication that those assets have

Notes To The Financial Statements for the financial year ended 31 March 2017 (continued)


suffered an impairment loss. If any such indication exists,

the recoverable amount of the asset is estimated in order to

determine the extent of the impairment loss (if any). Where the

asset does not generate cash flows that are independent from

other assets, the company estimates the recoverable amount

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

Where a reasonable and consistent basis of allocation can

be identified, corporate assets are also allocated to individual

cash-generating units, or otherwise they are allocated to the

smallest group of cash-generating units for which a reasonable

and consistent allocation basis can be identified.

Recoverable amount is the higher of fair value less costs to

sell and value in use. In assessing value in use, the estimated

future cash flows are discounted to their present value

using a pre-tax discount rate that reflects current market

assessments of the time value of money and the risks specific

to the asset for which the estimates of future cash flows have

not been adjusted.

If the recoverable amount of an asset is estimated to be less

than its carrying amount, the carrying amount of the asset

is reduced to its recoverable amount. An impairment loss is

recognised immediately in profit or loss, unless the relevant

asset is carried at revalued amount, in which case the

impairment loss is treated as a revaluation decrease.

Where an impairment loss subsequently reverses, the

carrying amount of the asset is increased to the revised

estimate of its recoverable amount, but only to the extent

that the increased carrying amount does not exceed the

carrying amount that would have been determined had

no impairment loss been recognised for the asset (cash-

generating unit) in prior years. A reversal of an impairment

loss is recognised in profit or loss immediately, unless the

relevant asset is carried at fair value, in which case the

reversal of the impairment loss is treated as a revaluation

increase.

(h) Income tax

No provision has been made for income tax as the

Company is exempt under Section 50-45 of the Income Tax

Assessment Act (1997), provided it continues as a sporting

club predominately encouraging and promoting the sport

of yachting, boating, cruising for pleasure and the building

and sailing of yachts and boats. Accordingly, tax effect

accounting has not been adopted by the Company.

(i) Leases

Leases are classified as finance leases when the terms of the

lease transfer substantially all the risks and rewards incidental

to ownership of the leased asset to the lessee. All other

leases are classified as operating leases.

Finance leases

Assets held under finance leases are initially recognised at their

fair value or, if lower, at amounts equal to the present value

of the minimum lease payments, each determined at the

inception of the lease. The corresponding liability to the lessor

is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance charges

and reduction of the lease obligation so as to achieve a

constant rate of interest on the remaining balance of the

liability. Finance charges are charged directly against profit or

loss, unless they are directly attributable to qualifying assets,

in which case they are capitalised in accordance with the

company’s general policy on borrowing costs. Refer to note

3(a). Contingent rentals are recognised as expenses in the

periods in which they are incurred.

Finance leased assets are amortised on a straight line basis

over the estimated useful life of the asset.

Operating leases

Operating lease payments are recognised as an expense

on a straight-line basis over the lease term, except where

another systematic basis is more representative of the time

pattern in which economic benefits from the leased asset are

consumed. Contingent rentals arising under operating leases

are recognised as an expense in the period in which they are

incurred.

Lease incentives

In the event that lease incentives are received to enter into

operating leases, such incentives are recognised as a liability.

The aggregate benefits of incentives are recognised as a

reduction of rental expense on a straight-line basis, except

where another systematic basis is more representative of the

time pattern in which economic benefits from the leased

asset are consumed.

(j) Trade receivables

Trade receivables are recognised initially at fair value and

subsequently measured at amortised cost using the effective

interest method, less provision for impairment. Trade

receivables are generally due for settlement within 30 days.

They are presented as current assets unless collection is not

expected for more than 12 months after the reporting date

Collectability of trade receivables is reviewed on an ongoing

basis. Debts which are known to be uncollectible are written

off by reducing the carrying amount directly. An allowance

account (provision for impairment of trade receivables) is

used when there is objective evidence that the company

will not be able to collect all amounts due according to

the original terms of the receivables. The amount of the



impairment allowance is the difference between the asset’s

carrying amount and the present value of estimated future cash flows, discounted at the original effective interest rate. Cash flows relating to short term receivables are not discounted if the effect of discounting is immaterial.

The amount of the impairment loss is recognised in profit or loss within other expenses. When a trade receivable for which an impairment allowance had been recognised becomes uncollectible in a subsequent period, it is written off against the allowance account. Subsequent recoveries of amounts previously written off are credited against other expenses in profit or loss.

(k) Inventories

Inventories are valued at the lower of cost and net realisable value. Net realisable value represents the estimated selling price less all estimated costs of completion and costs necessary to make the sale.

(l) Property, plant and equipment

Plant and equipment, leasehold improvements and equipment under finance lease are stated at cost less accumulated depreciation and impairment. Cost includes expenditure that is directly attributable to the acquisition of the item. In the event that settlement of all or part of the purchase consideration is deferred, cost is determined by discounting the amounts payable in the future to their present value as at the date of acquisition.

Depreciation is provided on property, plant and equipment, including buildings on leasehold land. Depreciation is calculated on a straight line basis so as to write off the net cost or other revalued amount of each asset over its expected useful life to its estimated residual value. Leasehold improvements are depreciated over the period of the lease or estimated useful life, whichever is the shorter, using the straight line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each annual reporting period, with the effect of any changes recognised on a prospective basis.

The gain or loss arising on disposal or retirement of an item of property, plant and equipment is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in profit or loss.

The following estimated lives are used in the calculation of depreciation

Leasehold improvements 5 – 33 years / term of the lease

Boats 2 – 10 years

Plant and equipment 2 – 10 years

Motor vehicles 8 years

(m) Trade and other payables

These amounts represent liabilities for goods and services provided to the company prior to the end of financial year which are unpaid. The amounts are unsecured and are usually paid within negotiated terms. Trade and other payables are presented as current liabilities unless payment is not due within 12 months from the reporting date. They are recognised initially at their fair value and subsequently measured at amortised cost using the effective interest method.

(n) Borrowings

Borrowings are initially recognised at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortised cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognised in profit or loss over the period of the borrowings using the effective interest method. Fees paid on the establishment of loan facilities are recognised as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the draw down occurs. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalised as a prepayment for liquidity services and amortised over the period of the facility to which it relates.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least 12 months after the reporting period.

(o) Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at reporting date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows.

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, the receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Site restoration make good provision

A provision for site restoration is recognised when an obligation exists to restore certain sites for the effect of the

company’s operations.



The provision is the best estimate of the present value of

the expenditure required to settle the restoration obligation

at the reporting date. The amount is reviewed annually and

changes recognised at the end of the reporting period.

(p) Revenue

Revenue is measured at the fair value of the consideration

received or receivable.

Goods sold and services rendered

Revenue from the sale of goods comprises revenue earned

from the provision of beverage and other goods and is

recognised in the statement of comprehensive income when

the significant risks and rewards of ownership have been

transferred to the buyer. Revenue from services to members

and other patrons of the Company is recognised in the

statement of comprehensive income when the services are

provided. No revenue is recognised if there are significant

uncertainties regarding recovery of the consideration due;

the costs incurred or to be incurred cannot be measured

reliably; there is a risk of return of goods; or there is continuing

management involvement with the goods.

Subscriptions

Subscription fees are taken into account on an accruals basis

and the portion relating to the ensuing year is transferred to

subscriptions in advance.

Yard and marina

Yard and marina revenue consists of casual and permanent

berthing fees, hardstand fees, locker fees and tender fees

provided to members and other patrons of the Club. Yard

and marina revenue is recognised when the goods or

services are provided.

Sailing revenue

Sailing revenue consists of ferry charter fees, race entry fees,

sponsorship and other associated income. Sailing revenue is

recognised when the goods or services are provided for all

revenue except sponsorship which is recognised as it accrues.

Rental income

Rental income from property is recognised on a straight-line

basis over the term of the lease. Lease incentives granted are

recognised as an integral part of the total rental income.

Interest revenue

Interest revenue is accrued on a time basis, by reference to

the principal outstanding and at the effective interest rate

applicable, which is the rate that exactly discounts estimated

future cash receipts through the expected life of the financial

asset to that asset’s net carrying amount.

(q) Goods and Services Tax (GST)

Revenues, expenses and assets are recognised net of the

amount of associated GST, unless the GST incurred is not

recoverable from the taxation authority. In this case it is

recognised as part of the cost of acquisition of the asset or as

part of the expense.

Receivables and payables are stated inclusive of the amount of

GST receivable or payable. The net amount of GST recoverable

from, or payable to, the taxation authority is included with other

receivables or payables in the balance sheet.

Cash flows are presented on a gross basis. The GST

components of cash flows arising from investing or financing

activities which are recoverable from, or payable to the

taxation authority, are presented as operating cash flows.

(r) New accounting standards and interpretations

Certain new accounting standards and interpretations have

been published that are not mandatory for 31 March 2017

reporting periods and have not yet been applied in the

financial statements. It is not expected that their adoption will

have a material impact on future financial statements.

The AASB has issued new and amended Accounting Standards

and Interpretations that have mandatory application dates

for future reporting periods. The Company has decided

against early adoption of these Standards. New and amended

standards that are applicable for the first time for March 2017

annual year report include:

• AASB 2014-4 Amendments to Australian Accounting

Standards – Clarification of Acceptable Methods of

Depreciation and Amortisation


Standards – Annual improvements to Australian

Accounting Standards 2012 – 2014 cycle


Standard – Disclosure Initiative: Amendments to AASB 107.

The adoption of these Accounting Standards and Interpretations

did not affect the Company’s accounting policies or any of the

amounts recognised in the financial statements.

3. Critical accounting estimates and judgements

Estimates and judgements are continually evaluated and are

based on historical experience and other factors, including

expectations of future events that may have a financial

impact on the entity and that are believed to be reasonable

under the circumstances.



(a) Critical accounting estimates and assumptions

The company makes estimates and assumptions concerning

the future. The resulting accounting estimates will, by

definition, seldom equal the related actual results. The

estimates and assumptions that have a significant risk of

causing a material adjustment to the carrying amounts

of assets and liabilities within the next financial year are

discussed below.

(i) Make good provision

This provision represents the present value of the directors’

best estimate of the future sacrifice of economic benefits

that will be required to settle the site restoration make good

obligations pursuant to the company’s lease of land and

waterways. The estimate has been made on the basis of a

cost estimate obtained from a Quantity Surveyor.


2017 2016

$ $

4. Revenue

Revenue from sale of goods – bar, food and merchandise sales 2,408,245 2,481,856

Revenue from rendering of services – berthing, hardstand, race entry and sponsorship 4,930,064 4,704,491

Subscription revenue 1,018,119 1,030,576

Rental income 162,004 162,758

8,518,432 8,379,681

Other income

Interest revenue 171,750 177,950

Gain on sale of property, plant and equipment 10,050 12,273

Other 3,182 -

184,982 190,223

8,703,414 8,569,904

5. Financing expenses

Interest expense on marina security deposit 5,806 6,456

Interest expense on external borrowings 15,294 19,658

Other interest expense – unwind of make good provision discount 101,340 108,564

122,440 134,678

6. Profit for the year

Profit for the year has been arrived at after charging/(crediting) the following:

Operating lease rental expense – marina and land lease 525,370 532,344

Gain on sale of property, plant and equipment (10,050) (12,273)

//40 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2017


2017 2016

$ $

7. Cash and cash equivalents

Cash at bank 475,136 886,735

Other deposits (a) 1,020,137 -

Cash on hand 22,300 22,300

1,517,573 909,035

(a) Other deposits comprises of short-term, highly liquid investments that are due to mature in three months or less from the date of acquisition.

8. Term deposit

Term deposit 5,043,528 5,556,678

These investments have a maturity date of more than three months from the date of acquisition.

9. Trade and other receivables

Trade receivables 329,330 249,737

Allowance for doubtful debts (5,147) (5,147)

324,183 244,590

Interest receivable 52,457 52,410

376,640 297,000

Ageing of past due but not impaired trade and other receivables

0-60 days 214,159 214,028

60-90 days 51,587 27,611

90-120 days 63,584 8,098

Total 329,330 249,737

Movements in the allowance for doubtful debts

Balance at the beginning of the year 5,147 4,408

Impairment losses recognised on trade receivables - 739

Balance at the end of the year 5,147 5,147

10. Inventories

Finished goods – beverages and clothing 128,224 109,611

11. Other current assets

Prepayments 128,486 94,769



12. Property, plant and equipment

Leasehold

Improvements

at cost (a)

Boats

at cost (a)

Plant and

Equipment

at cost (a)

Motor Vehicles

at cost

Total

Cost $ $ $ $ $

Balance at 31 March 2015 16,830,449 1,442,409 1,698,032 19,970,890

Additions 112,801 130,909 117,300 361,010

Disposals (3,500) (66,634) (17,190) (87,324)

Balance at 31 March 2016 16,939,750 1,506,684 1,798,142 - 20,244,576

Additions 638,719 74,337 348,316 1,061,372

Disposals - (70,057) (1,585) (71,642)

Balance at 31 March 2017 17,578,469 1,510,964 2,144,873 21,234,306

Accumulated depreciation

and Amortisation

Balance at 31 March 2015 9,612,812 820,894 989,394 11,423,100

Charge for the year 723,094 110,993 130,060 964,147

Disposals (3,500) (66,634) (17,190) (87,324)

Balance at 31 March 2016 10,332,406 865,253 1,102,264 12,299,923

Charge for the year 728,865 122,273 159,944 1,011,082

Disposals - (62,179) (1,585) (63,764)

Balance at 31 March 2017 11,061,271 925,347 1,260,623 13,247,241

Net book value

Balance at 31 March 2016 6,607,344 641,431 695,878 7,944,653

Balance at 31 March 2017 6,517,198 585,617 884,250 7,987,065

(a) Additions for the year ended 31 March 2017 include the following work-in-progress balances:

Work-in-progress balances classified as Property, plant and equipment at 31 March 2017: $

Leasehold Improvements 465,358

Total 465,358



2017 2016

$ $

13. Trade and other payables

Trade payables (i) 703,017 460,454

Marina deposits from tenants 161,913 151,425

GST payable 10,409 40,658

Other payables and accrued expenses 257,492 195,818

1,132,831 848,355

(i) The average credit period on trade payables is 30 days. There is no interest charged on trade or other payables.

14. Provisions

Current

Employee benefits (a): 307,325 307,459

Non-current

Employee benefits (a): 35,625 28,391

Make good provision (b) : 4,946,992 4,845,652

4,982,617 4,874,043

Information about individual provisions and significant estimates:

(a) Employee benefits

The provision for employee benefits relates to Cruising Yacht Club of Australia’s liability for long service leave and annual leave.

(b) Site restoration make good provision

Cruising Yacht Club of Australia is required to restore the leased sites to their original condition at the end of the respective

lease terms. A provision has been recognised for the present value of the estimated expenditure required to remove any

leasehold improvements. These costs have been capitalised as part of the cost of leasehold improvements and are amortised

over the shorter of the term of the lease or the useful life of the assets.

Movements in provisions

Movements in each class of provision during the financial year, other than employee benefits, are set out below:

Current year site restoration make good provision movement:

Balance at 1 April 4,845,652 4,737,088

Unwind of discount 101,340 108,564

Balance at 31 March 4,946,992 4,845,652

15. Borrowings

Current

Bank loans 144,240 98,632

Non-current

Bank loans 204,079 169,085

348,319 267,717



2017 2016

$ $

16. Other payables

Marina deposits 161,913 151,425

17. Retained profits

Balance at 1 April 8,058,498 8,254,371

Total recognised income and expenses 70,481 (195,873)

Balance at 31 March 8,128,979 8,058,498

18. Financial instruments

(a) Capital risk management

The capital structure of the company includes cash and cash equivalents and retained earnings.

The company has an existing loan facility with Westpac and a new hire purchase agreement with Sharp.

(b) Categories of financial instruments

Financial assets

Trade and other receivables 376,640 297,000

Cash and cash equivalents 1,517,573 909,035

Term deposit 5,043,528 5,556,678

Financial liabilities

Loans and payables 348,319 267,717

Trade and other payables 1,294,744 999,780

The carrying amount reflected above represent the company’s maximum exposure to credit risk for such loans and

receivables.

(c) Financial risk management objectives

The Directors manage the financial risks relating to the operations of the company. These risks include credit risk and liquidity

risk. The company does not enter into or trade financial instruments, including derivative financial instruments, for speculative

purposes.

(d) Market risk

The company’s only exposure to market risk is the effect of changes in interest rates which would affect interest received.

There has been no change to the company’s exposure to market risks.

(e) Liquidity risk

Ultimate responsibility for liquidity risk management rests with the board of directors. The company manages liquidity risk

by maintaining adequate cash balances and monitoring forecasts and actual cash flows. The following table details the

company’s remaining contractual maturity for its non-derivative financial liabilities. The table has been drawn up based on

the undiscounted cash flows of financial liabilities including interest based on the earliest date on which the company can be

required to pay.


Financial

Liabilities

Weighted

average

effective

interest rate

Less than

1 month

$

1 to 3

months

$

3 months

to 1 year

$

1 to

5 years

$

More than

5 years

$

Total

$

2017

Fixed interest rate

4.00%

Borrowings 11,776 23,684 108,780 204,079 - 348,319

Non-interest

bearing Trade and

other payables

1,078,735 54,096 - 161,913 - 1,294,744

1,090,511 77,780 108,780 365,992 - 1,643,063

2016

Fixed interest rate

6.15%

Borrowings 7,990 16,104 74,538 169,085 - 267,717

Non-interest

bearing Trade and

other payables

848,017 - 428 151,425 - 999,870

856,007 16,104 74,966 320,510 - 1,267,587

The following table details the company’s expected maturity for its non-derivative financial assets. The table has been drawn

up based on the undiscounted contractual maturities of the financial assets including interest that will be earned on those

assets except where the company anticipates that the cash flow will occur in a different period.

Financial

Assets

Weighted

average

effective

interest rate

Less than

1 month

$

1 to 3

months

$

3 months

to 1 year

$

1 to

5 years

$

More than

5 years

$

Total

$

2017

Variable interest rate

2.40%

Cash and cash

equivalent497,436 1,020,137 - - - 1,517,573

Term deposit - - 5,043,528 - - 5,043,528

Non-interest

bearing Trade and

other debtors

214,159 51,587 110,894 - - 376,640

711,595 1,071,724 5,154,422 - - 6,937,741

2016

Variable interest rate 3.00%

Cash and cash

equivalent909,035 - - - - 909,035

Term deposit 1,600,000 1,856,678 2,100,000 5,556,678

Non-interest

bearing Trade and

other debtors

246,733 35,241 15,026 - - 297,000

2,755,768 1,891,919 2,115,026 - - 6,762,713

18. Financial instruments (continued)



18. Financial instruments (continued)

(f) Fair value

The carrying amount of the financial assets and financial liabilities represents a reasonable approximation of fair value.

(g) Credit risk

Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to

the company. To the extent the company has a receivable from another party there is a credit risk in the event of non-

performance by that counterparty. Financial instruments, which potentially subject the company to credit risk solely consist of

trade and other receivables. The company has adopted a policy of only dealing with creditworthy counterparties as a means

of mitigating the risk of financial loss from defaults.

The carrying amount of the financial assets recorded in the financial statements, net of any allowances for losses, represents

the company’s maximum exposure to credit risk, without taking account of the value of any collateral obtained. The

company does not have any significant credit risk exposure to any single counterparty or any group of counterparties having

similar characteristics.

2017 2016

$ $

19. Commitments

Non-cancellable operating lease expense commitments

Future operating lease commitments not provided for

in the financial statements and payable:

Within one year 511,337 497,661

One year or later and no longer than five years 1,119,623 1,352,331

Later than five years - 213,666

1,630,960 2,063,658

The company leases property and water space for the Clubhouse and marina under operating leases expiring in 1 year and

4 years 9 months respectively. Lease payments are adjusted periodically to market rates.

20. Net cash provided by operating activities

Reconciliation of net cash flows to operating activities:

Profit / (Loss) for the year 70,481 (195,873)

Depreciation and amortisation expense 1,011,282 964,147

Planning and development expense 15,000 -

Gain on sale of property, plant and equipment (10,050) (12,273)

Interest income (171,750) (177,950)

Changes in net assets and liabilities:

Increase in trade and other receivables (27,183) (15,856)

Increase in inventories (18,613) (5,526)

Increase in other assets (33,717) (68,411)

Increase in trade payables 284,476 213,237

Increase in provisions 108,440 100,599

(Decrease) / Increase in other liabilities (289,229) 349,108

Net cash provided by operating activities 939,137 1,151,202



21. Key management personnel

The following were key management personnel of the company at any time during the reporting period, and unless otherwise

indicated, were for the entire period:

Non-executive Directors

J. Markos, P. Billingham, N. Cornish, A. Lane, J. Treleaven, S. Haynes, A. Kirby, L. Klohs, A. Psaltis

Executive

K. Grega

Transactions with key management personnel

Non-executive directors have not received any remuneration from the Company during the year.

The key management personnel compensation included in “Employee and employment expenses” are as follows:

2017 2016

$ $

Short-term employee benefits 234,328 276,025

Termination benefits - 124,179

234,328 400,204

Apart from the details disclosed in this note, no director has entered into a material contract with the company or since the

end of the previous financial year and there were no material contracts involving directors’ interests existing at year-end.

From time to time, directors of the company, or their director-related entities, may purchase goods and services from the

company. These purchases are on the same terms and conditions as those entered into by other company employees or

customers and are trivial or domestic in nature.

22. Related Parties

(a) Transactions with key management personnel

Transactions with key management personnel are disclosed in Note 21 to the financial statements.

(b) Transactions with other related parties

Other related parties include:

• CYCA SOLAS Limited

• CYCA Sydney Hobart Yacht Race Safety of Life at Sea Trusts

The Company is the sole member of CYCA SOLAS Limited; a Company limited by guarantee which is the trustee of the

CYCA Sydney Hobart Yacht Race Safety of Life at Sea Trusts. The administration of the CYCA Sydney Hobart Yacht Race

Safety of Life at Sea Trusts is under the control of the separate board of CYCA SOLAS Limited. The trustee company has a

right to be indemnified out of the assets of the trust to satisfy liabilities properly incurred by the trustee. As at 31 March 2017

the outstanding liabilities committed by the trustee on behalf of the trust totalled $nil (2016: $nil). The assets of the trust are

sufficient to meet this commitment. In the event that CYCA SOLAS Limited is wound up and unable to repay all outstanding

debts, the liability of its members is limited to an amount of $10.

Payments to related parties

• Donations payable to the CYCA Trust during the year were $3,805 (2016: $13,764).

• Expenses paid on behalf of the CYCA SOLAS Limited were $994 (2016: $1,017).



23. Contingent liabilities

Bank guarantees

The company has given away the following bank guarantees:

2017 2016

$ $

NSW Maritime 32,093 32,093

24. Auditor’s remunerationAudit services

Auditor and review of the financial report 50,000 44,560

Other services

Taxation services 3,000 3,000

53,000 47,560

The auditor of Cruising Yacht Club of Australia for the year ended 31 March 2016 and 31 March 2017 was PricewaterhouseCoopers.

25. Segment information

The Club’s principal place of business and registered office is situated at 1 New Beach Road, Darling Point. The Club operates

from these premises to promote participation in yachting including the sport of sailing and to provide ocean racing facilities,

training and other yachting facilities and competition for its members.

Information reported to the chief operating decision maker for the purposes of resource allocation and assessment of segment

performance focuses on types of goods or services delivered or provided. The chief decision maker of the entity reviews the

financial information split by segment for revenue but the expenses information is received by expense category. Therefore,

only revenue per segment has been included below.

The following is an analysis of the revenue by reportable segment.

2017 2016

$ $

Sales revenue – bar, food and merchandise sales 2,396,041 2,456,395

Subscription revenue 1,018,119 1,030,576

Marina revenue 2,703,991 2,602,032

Rental income 162,004 162,758

Sailing activities 2,238,277 2,127,920

Interest revenue 171,750 177,950

8,690,182 8,577,631

Segment revenue reported above represents revenue generated from external customers. There were no inter-segment sales

in the current year (2016: $nil).

26. Subsequent events

Water and land lease

Management is currently re-negotiating the renewal of the combined land and wet lease for a term of 37.5 years and expects to

sign within the next six months.

Other than the matter noted above, there has not arisen in the interval between the end of the financial year and the date of

this report any item, transaction or event of a material or unusual nature likely, in the opinion of the directors of the company, to

affect significantly the operations of the company, the results of those operations, or the state of affairs of the company, in future

financial years.



In the directors’ opinion:

(a) the financial report and notes set out on pages 6 to 28 are in accordance with the Corporations Act

2001, including:

(i) complying with Accounting Standards, the Corporations Regulations 2001 and other mandatory

professional reporting requirements, and

(ii) giving a true and fair view of the company’s financial position as at 31 March 2017 and of its

performance for the financial year ended on that date, and

(b) there are reasonable grounds to believe that the company will be able to pay its debts as and when

they become due and payable.

This declaration is made in accordance with a resolution of the directors.

2016//2017DIRECTORS DECLARATIONfor the financial year ended 31 March 2017

J Markos J Treleaven

Commodore Treasurer

Sydney, 18 May 2017 Sydney, 18 May 2017

SUPPLEMENTARY INFORMATION RELATING TO FINANCIAL PERFORMANCE

2017 2016 2015 $ $ $

Administration

Subscriptions Received 1,018,119 1,030,576 921,185

Clothing Sales 172,990 177,995 161,856

Property Rental 162,004 162,758 164,423

Sundry Income & Interest 354,846 353,806 371,656

1,707,959 1,725,135 1,619,120

Less Consolidated Expenses 122,945 114,295 110,450

1,585,014 1,610,840 1,508,670

Food & Beverage

Bars 1,736,163 1,830,013 1,779,787

Commissions Received 171,911 182,744 193,910

Functions 314,443 246,665 274,609

2,222,517 2,259,422 2,248,306

Less Consolidated Expenses 2,724,001 2,772,462 2,632,772

-501,484 -513,040 -384,466

Yard & Marina

Marina 1,645,055 1,498,676 1,446,070

Other Income 1,058,936 1,103,356 1,054,866

2,703,991 2,602,032 2,500,936


425,875 444,617 410,563

Sailing Activities

Youth Sailing Academy 376,052 342,046 390,078

Season Sailing 295,326 257,283 277,439

Major Races 1,561,899 1,528,591 1,402,714

2,233,277 2,127,920 2,070,231


-1,438,924 -1,738,290 -659,570

Operating Profit for the Year 70,481 -195,873 875,197

For the year ended 31 March 2017

Core and Non Core PropertyPursuant to Section 41J(2) of the Registered Clubs Act for the financial year ended 31 March 2017.

The core property of the company, as that term is described in Section 41J(2) of the Registered Clubs Act, comprises all the

real property and associated marina owned or occupied by the company at 1 New Beach Road Darling Point NSW.

The land area is owned by the Crown.


// 51

2016//2017MEMBER’S LIST


ABBOTT A H 1999ABBOTT B 2016ABBOTT B G 2017ABBOTT E 2017ABBOTT J 2000ABBISS S 2016ABRAHAM J 1982ADAMS B 2013ADAMS D H 1999ADAMS N 1997ADAMS N 1995ADAMS R A 1999ADAMS R 2015ADRIAANSE E 1995AINSWORTH N 1998AINSWORTH S J 1997ALEXANDER M 1977ALEXANDER M 2015ALEXANDER N 1952ALEXY T A 1996ALCORSO J 2016ALISALO S A 2009ALLAN J S 1973ALLAN J 2006ALLATT J 2015ALLANSON R 2015ALLAN S 2001ALLEN B 2001ALLEN E 2001ALLEN F 1999ALLEN H 2002ALLEN J 2002ALLEN M C 1999ALLEN P 2004ALLEN R T 1970ALLISON C 2012ALOISIO C 2016AMERY S 2001AMES A 2016AMOS J W 2012ANDERSON J E 2009ANDERSON L J 2016ANDERSON M J 1989ANDERSON M I 1992ANDERSON M 2013ANDERSON R J 2016ANDERSON T M 2013ANDERSON V 1999ANDERSON W M 1974ANDREWS J D 2010ANDRADE N 2013ANDREWS S D 1992ANET J 2015ANGUS A W 2014ANKER M 2004ANSON J 2014ANTIPAS G S 2003APPLEBY G J 1980APPLEYARD P A 2005APTER M 2015APTER R 2015ARMSTRONG F 2014ARMSTRONG G W 2016ARMSTRONG J 2016ARMSTRONG-SMITH N D 1995ARNOTT G C 2016ARNOUTS R 2002ARNOTT V 2017ARTHY I W 2010ASCHE P M 1993ASHLEY-JONES M 2007ASHTON D 2014ASKEW AM G D 1996ASTUDILLO G 2010ATAKLIYAN A 2017ATHANASERIS G 2009ATKINSON J 2014ATKINSON P 2016ATKINS T J 2005ATTWOOD R J 2016AUBUSSON J 2016AYTO M 2014AZIZ S 2015BABINGTON-LEES V 2012BADGERY W 2013BAFFSKY D Z 1988BAILEY M 1987BAILLIE S 2014BAILLIEU W 2015BAIN J A 1990BAIN J R 2010BAIRD P J 1991BAKER C 2015BAKER D 2016BAKER P R 2008BAKER R J 1996BAKER R 2013BALAFAS J 2015BALDERSTONE J R 2005BALESTRINI G 2012

BALESTRINI M 2013BALICKI S 2006BALOGH A 2015BALZER R 1995BAMBER R I 1972BANGEL K 2014BANKS A R 2004BANKS D E 1996BANNISTER C J 2016BARBER S J 1991BARBER S I 2015BARKER D 2008BARKER J W 2003BARKER K 2017BARKER M J 2009BARKER T 2004BARLOW S J 1995BARNES A W 2001BARNES A H 1999BARNES J L 2005BARNES N 2015BARNES R 2005BARRETT A 2013BARRETT J E 1977BARRET M 2016BARRETT S 2001BARRINGTON S B 2016BARRETT AO CSC RAN T 2012BARRINGTON T 2015BARTTER D T 1995BARTIER D 2015BARTER G B 1975BARTER J T 1976BARTELS N 2003BASTICK M M 2003BATES A N 2007BATES P J 1974BAUCHOP G 2014BAVIN P T 1989BAYLISS J 1985BAYLISS P 2016BEAK D 2002BEAL B A 2010BEAL D L 1989BEALE D W 2002BEALE N 2001BEALES P J 1998BEARMAN R H 1975BEATON E S 2002BEATTY G M 2016BEATON J P 2001BEAUMONT-HUTCHINGS C 2010BEAVER T 2017BEDGGOOD N 1999BEGG L 2015BEGG M S 2012BEGLEY I H 2013BEILBY W B 1985BEIRNE D M 2009BELCHER D 2014BELCHER E 2017BELCHER L 2014BELGIORNO-NETTIS L 2004BELL A 2011BELL M 1983BELLINGHAM M 1998BELL R D 2002BEMBRICK D J 1991BENCSIK A J 1994BENCSIK M A 1988BENDALL R W 2001BENNETT A R 1996BENNETT G L 1998BENNETT G L 2007BENNETT J 2001BENNETTS J 2014BENNETT K 2015BERGMAN J 2004BERGMAN M 2004BERGER P A 2013BERNATOVIC M 2016BERNABEI R 2001BERRY K J 2007BERRY N 2015BEST C 2016BETAR D L 2014BETHWAITE H 2015BETTINI A 2011BETTINI P N 2017BEVAN H 2013BEVERIDGE T 2015BIDEY M W 2009BILBOE H 2015BILLINGHAM P 2001BILSEL G 1999BIRDSALL J 2003BIRDSALL S R 1999BIRMINGHAM A 2016BIRT N C 2009BISCOE A D 1995BISHOP D 2013BLACKMORE A 2015

BLACKMORE L S 2015BLACKMORE M C 2011BLACK N J 2012BLAIR E R 2010BLAIR J 1996BLAIR L 1996BLAIR N P 1996BLAIR T 1996BLAKEMORE J S 2005BLANCH A W 1992BLANC-RAMOS R 2012BLANN S 2008BLANC-RAMOS T K 2012BLASCHKA R 2013BLAXELL M G 2000BLOW S L 1985BLUMER M D 1988BLUNDELL C J 2008BLUNDELL C 2001BOEKEMANN D R 2007BOESENBERG C M 2015BOETTCHER G R 2009BOHM S P 2009BOLLEN P J 1981BOND S J 2001BONUS G M 2002BOOTH C 1994BOOTH C 2014BOOTH J M 2015BORA M 2016BOUKATOS S 2015BOURKE P J 1990BOUTEILLIER P 2008BO W 2017BOWE T L 1989BOWKER J 1999BOX J M 1981BOYCE M L 2016BOYLE C R 1988BOYS J H 2015BRADY G A 2015BRADDOCK I E 1981BRADSHAW J M 1998BRADEN K 2014BRADLEY N 2014BRAIN J 1999BRAITHWAITE-YOUNG J 2008BRAN C 2005BRASHER R 1994BRAY AM G T 2010BREISLIN J 2011BREIT R 2007BRENNAN D 1997BRENCHLEY J F 2006BRENAC K L 2015BRENAC R W 1967BREUER A 2017BRIGHTON-HALL G 2011BRIGHTON-HALL M 2011BRIGHTON-HALL R M 2011BRIGGS T J 2011BROAD I 1978BROADHURST S A 1986BRODZIAK J A 1965BROEKHUIZEN N J 2008BROOKS C 2016BROOKS J L 1971BROOKS K D 1986BROOMAN M 2008BROOMAN N 2009BROOM S W 1988BROUGHTON M E 1998BROUGHTON P H 1997BROWN A L 1970BROWN A 2010BROWN A 2011BROWN C 2014BROWN C 2015BROWN D I 2008BROWN D 2014BROWN E I 1994BROWN M 2010BROWN M 2015BROWN R 1999BROWN R 2002BROWN S 2006BROWN S 2015BRUCE A J 2007BRUCE OAM R R 1999BRUSH D 2012BRYDON L A 2012BRYERS J 2015BUCHANAN C R 2013BUCKLEY A D 2009BUCKMAN B 2013BUCKMAN H 2006BULGIN M 2014BULL C 2001BUNN J E 1998BUNTER R 2004BURGESS J L 2016BURGESS J 1997

BURGESS K R 2015BURKE E 2008BURKE T 2000BURLING N 2000BURNS I 2009BURNS M J 2009BURNS R 2013BURRELL J 2008BURT A J 2015BURT D G 2012BUSH P 1986BUSTEED A 2015BUTCHER N 2016BUTLER A 2008BUTLER A G 2012BUTLER B 1997BUTLER J 2015BUTLER K 2009BUTLER R T 2015BUTTERY B 1981BUTTROSE E I 1997BUTTERY G A 2013BUTTON I 2014BYRNE A 2004BYRNE E L 1985BYRNE E C 2016BYRNE Y 2003BYRON S J 1996CABBLE R J 1998CABLE A L 1964CABLE R 2015CAESAR C A 2014CAIE S G 2008CAINE D 2011CALDWELL B F 2002CALDWELL E C 1997CALDWELL F G 1997CALDWELL M J 1995CALDWELL M J 1997CALFAS G M 2008CALKIN J 2001CALLAGHAN M L 1995CALVERT-JONES J A 1988CAMERON A D 2015CAMERON J D 1998CAMERON J A 1999CAMERON M A 1980CAMERON M 2004CAMERON R 1999CAMILLERI K 2008CAMPBELL-WILLIAMS D J 2011CAMPBELL OAM P M 1971CANTONI S 2011CANTONI V 2010CAPELL S 2013CAPONE G 1983CARDOW-CLINTON K P 2001CARGILL L W 2016CARLESS E 2011CARLESS G 2009CARLESS S R 2008CARNEY B 2015CARNEY G R 2012CARPENTER E J 1994CARPENTER J B 1982CARR A 1991CARR A M 1999CARR B 1984CARRICK B K 1984CARR R 2008CARR S N 2013JEBKEN C 2014CARTER-BRACKEN G 1977CARTER K 2009CARTER L J 1972CASEY J C 2015CASEY T G 1995CASSIM G N 1972CASSIM N G 1960CAWSE R H 1973CAWTHORN D A 1999CEMBALA T M 2010CHAFFER M E 2015CHALLIS M 2013CHALLIS P J 2013CHAMPTALOUP D R 1997CHAMPION DECRESPIGNY AM R P 1994CHAPMAN C J 2010CHAPMAN D W 2012CHAPMAN H 2009CHAPPELL K 2014CHAPMAN P J 2015CHARODY J I 1998CHARODY P R 1977CHARLTON S 2015CHEKE L F 2015CHEN A 2015CHEN M 2015CHERRY J M 2002CHILDERS J 2015CHOWN A J 1986CHRISTIANSEN C 2006

MEMBER’S LISTSURNAME INITIALS YEAR JOINED


CHRISTIAN J R 2003CHRISTIE P K 2007CHRISTIE B 2012CHRISTIANAKIS T 2003CHUA H J 2014CHUA C 2010CLAGUE H 2015CLARKE B 1998CLARK D 2004CLARKE D L 2013CLARE G 2015CLARKSON K E 2003CLARK M 2015CLARK R J 1983CLEGG S 2014CLEGG-HEATH S D 2014CLEMENTS M A 1981CLIFT T 2012CLINTON B W 1999CLINTON J 1997CLINTON J 2003CLITHEROE AM P 2006CLITHEROE V 2006CLOUT T 2007YEUNG C 1996CLUBB A G 1975COCHRANE A 1993COCHINEAS G 2009COCHRANE J 2001COCHINEAS M 2014COCHINEAS P 2014COHEN G 2011COHEN J 2015COHEN R 2006COHEN R L 2015COLCLOUGH T J 2006COLEMAN J 2001COLE J A 1998COLEMAN J G 1997COLE M 1975COLENSO M 2006COLFELT D J 1972COLLIS B P 1994COLLINS D C 2015COLLINS E 2015COLLINS L 2001COLLINS L 2014COLLINS M 1998COLLINS P F 1984COLLETT P C 2017COLLIBEE S A 1998COLLINS S 2010COLLINS S 2015CONLON J 2014CONLON K 2011CONLON S D 1999CONNOLLY A P 1985CONNAL C 2008CONNOLLY J M 1976CONNOLLY J 1998CONNELL J 2015CONNELL L 1992CONNELLAN S 2012CONNELLY S 2015CONROY E 2017CONWAY A J 2016COOK A J 1997COOKE A J 2008COOK C 2001COOK J E 1985COOK J T 2001COOK R O 1986COOLEY A E 1974COOLEY J E 2001COOLEY M 1999COOMBS P 2004COOMBES W 1997COONEY D 2010COONEY F 2010COONEY J 2010COONEY J 2010COONEY J 2010COONEY M 2010COOPER A L 1996COOPES A 2001COOPER A 2015COOPER D N 1999COOPER G 2003COOPER M J 1995COOPER R E 1998COOPER S 2015COOREY J 2005COPELAND M R 1977COPLEY A R 1982COPLAND B 2003COPPIN A R 2005COPP D 1986CORBETT J M 2008CORDINGLEY J 2015CORKE A 1986CORLESS A 2015CORNELL C 2005CORNER J S 1966CORNISH AM N H 2002

CORRIGAN P 1967COSGROVE L A 1958COTMAN C 2015COTMAN N 2015COTTON D P 2005COTTON G P 2001COTTEE AO K 1993COTTON L D 2005COTTON P C 2001COURTNEY A 2012COURT O 2015COWAN C D 1980COWEN G 1981COWLE A 2001COWPE J C 2003COX O 1994COX P J 1969COX P J 1998COX B 2008COXELL M K 2016COXON M J 1985COYLE A D 1986CRADDOCK F J 1994CRADDOCK N D 2008CRAFOORD C 2001CRANITCH M 1997CRANE S F 2005CRAVEN A N 1986CRAWFORD C E 2005CRAWFORD J D 2015CRAWFORD M A 2008CRAWFORD AM R A 1994CREENAUNE C 2015CREECY J 1998CREEDEN M P 2014CREEVEY R 2014CRHISTIAN G 2017CRIBB A 2007CRICHTON E 2017CRICHTON N A 1985CRIMMINGS E V 1998CROFT C M 2008CROFT M H 2005CRONE M G 2009CRONES N 2016CROOK J 2015CROOKSHANKS L 1998CROOKSHANKS S 1998CROPLEY G D 1993CROWTHER P 2014CRUZ N M 2008CUCINOTTA J 2014CULLEN M 2016CULPAN D L 1999CULSHAW J 2015CUMMINS W J 1996CUNNINGHAM C 2008CUNNINGHAM R 2015CURNOW D 2003CURRAN C P 1993CURRIE D J 1977CURRIE D 2004CURRIE R I 2001CURTIS J S 1996DAGGER C 2012DAGWORTHY M T 2008DAHL J 2005DAISLEY H 2011DAISLEY J A 2010DALE A J 2015DALE I W 1984DALEY R 1985DALGLIESH-QUINN S J 1994DALLEN N 2004DALTON D 2006DAMMANN A 1996DANE F 2014DANIELS A M 2006DARBY L M 2011DARE C 2006DASH K D 2009DAVEY D 2011DAVERIO F 2015DAVEN G 2006DAVIES F 2001DAVIES D W 1996DAVIS-SLADE J 1984DAVIS J R 2015DAVIES L 1998DAVIS-SLADE L 2012DAVIES M J 1988DAVIS P J 1996DAVIS R 2016DAVIES S 2001DAVIES V E 1988DAVY W D 1995DAWSON I A 1998DAWSON J 2012DAWSON P 2015DAWSON R 2012DAY O L 1985DAY C 2013DE BONO A C 2009DE DIESBACH E 2015

DE GROOT M 2010DE LA VEGA J A 1979DE MAMIEL A 1998DE MEYRICK A 2006DE MONTGOLFIER M 2015DE TORRES A C 1997DE TORRES H C 1976DEBNEY P J 2011DE BOOS B 2015DELANEY M R 1984DELEGAT J 2015DELEGAT J A 2016DELEGAT K 2015DELGADO E 2016DE MEYRICK A B 2003DE MEYRICK A E 2003DENISON H P 1984DENNIS B 2015DENNIS M 2016DENTON-BURKE A 2013DENT G A 2015DEPUYDT L V 2008DERHAM C A 2008DERMODY E G 1957DEVERY B A 1970DEVERY P 2009DEVERY T L 2009DEXTER R E 1995DICKSON D B 1963DICKER G 2011DIETHELM J B 1961DIETHELM S 2014DIETHELM T B 2008DILLON S 2002DIMARAS T 2005DIMUNNO M 2014DIXON B 2008DIXON B 2014DIXON C E 1993DIXON D 2017DIXON G 2017DIXON-HUGHES J 1963DIXON J 2015DOCK P 2005DOCK J S 1998DOEL R A 1998DOFF R 2009DOIG N 2012DOIG N 2014DOLPHIN A 2006DOLPHIN G 2009DOLPHIN S 2006DOMINGUEZ A 2010DONOVAN G 2007DOOLEY L 1987DORAN P H 1999DORENFEST L 2016DOWLING H R 1992DOYLE D 1994DRAKE-BROCKMAN P N 2005DRANEY P 2004DREDGE H J 1982DREDGE P 2016DRENT M P 1977DREW E J 1966DREW E 1998DREW J E 1998DREW R S 1993DREW R 2014DRISCOLL K 2001DRUERY B 2011DRUMMOND S 2012DRURY R 2015DUARTE F 2010DUBE G 2014DUBOIS B S 2007DUDLEY V 2005DUFFY A 2015DUFF F 2013DUFFELL I W 2005DUFFELL J 2015DUGGAN D A 1978DUGGAN P 2006DULIEU R 2016DUNLOP G 2017DUNLOP S R 2016DUNN A 2006DUNN D B 2016DUNN E 1999DUNN M A 2009DUPREE J R 1998DURRAN M A 2007DUSSELDORP T 1979DUSTING J 2014DYMET B L 2011DYMET J 2011EADIE P A 1978EADY A 1970EAGLE D 2011EASTWOOD D R 1994EASTAUGH L K 1987EASTON P J 2006EASTON R J 2007EASTON S W 1971

EASTMAN S 1999EBENEZER I T 1994EBENEZER J 2012EBENEZER S D 2015EDER R R 2012EDWARDS A M 2002EDWARDS G 2001EDWARDS M J 2003EDWARDS P J 2002EDWARDS S R 1977EDWARDS T 2016EGERTON-WARBURTON C P 2016EGGLESHAW J R 2011EGINTON J A 1999EICHHORN K 2014EILERT D 2007ELDRID P 2015ELLEN A 2008ELLIS C 1995ELLIS D 2014ELLIOTT D 2015ELLIOTT G 2014ELLIS M 2015ELLIS R 1988ELLIS S L 2009ELLIS S P 2013ELLISS S 2015EMERSON P 2001EMSLEY N 2014ENGLISH J 2005EPSTEIN A 2014EPSTEIN S D 1990ERCEG J 2015ERLING E 2002ERSKINE J R 1998ERSKINE K 2003ETTER F 1998EVANS C 2014EVANS J 2015EVANS S C 2007EVANGELINIDIS T J 1979EVANS W W 2005EWEN R 1986EWEN V J 1986EWING J R 2017FABBRO J R 2003FABIAN M A 2010FAGENCE P 1998FAIRBAIRN-WATT R 2013FALCONER M 1986FALLINS D W 2015FALLON P 1995FARREN-PRICE J A 1980FARR M 2012FARRELLY M 2017FARWAGI D M 1989FATOUROS K J 1995FEAR G 2014FEILBERG M 2014FELL G 2008FELTON R L 2008FENTON L A 2008FEREDAY J 2015FERGUSON E H 1979FERGUSON R 2015FERGUSON W J 2014FERNIE D 2014FERRIS W D 1979FEWSTER D 1998FEYEN G 2013FIELD B 2014FIELDS D R 2000FIELDING R 1999FILBY B 2008FINCH P 1998FINCH R 2011FINDLAY J 1997FINKELSTEIN M 2014FINLAYSON A 2004FINLEY D 2010FIRKIN S E 2016FIRMIN M 2004FIRTH R 2008FISCHER S 1962FISHER D 1997FISHER I H 2008FISHER L J 2008FISHER R 2008FISHER R B 2014FITZGERALD M P 2013FLANNERY J 2004FLEISCHMANN S 2007FLETCHER M F 1970FLORENCE H 2015FLORES VELOZ R A 2015FLYNN D R 2008FOLBIGG B 1976FOLLAND T J 2005FORBES N A 1995FORDHAM J 2001FORDHAM V 2014FORMOSA G T 2007FORMOSA J C 2007FORMOSA M A 1994

MEMBER’S LIST continued


FORMOSA P 2007FORSTNER M 2005FORSTER R W 2010FORSTER W R 2015FOSTER F D 2002FOX D J 2003FOX M 2001FOX M K 2011FOXX R 2015FOYE B B 1989FRAMPTON A 2009FRAMPTON P W 1989FRANKLIN C 1985FRANKI D J 1992FRANK E 1993FRANK M F 1985FRANKI P R 1994FRANCIS L 2003FRANKFELT L E 2016FRANKS P T 1994FRANCIS S 1994FRASER C 2015FRASER E M 2007FRASER E 2014FRASER G D 1979FRASER J R 2006FRASER R G 1977FRECHTLING J G 2016FRECHTLING W 2016FREDERIKSON M 2007FREER D G 1964FREEMAN AM D M 2007FREEMAN D 2012FREEMAN G 1971FREEMAN J P 1999FREEDMAN AM L 1987FREEBAIRN M 2014FREEMAN Q 2012FREEMAN S E 2001FRENCH A 2005FRENCH J 2010FRENCH M E 2007FRENCH S 2003FREYBERG M J 2008FREYBERG P C 2008FROELICH C 2000FROST A 2014FULDE S 2000FULLER D 1976GAJIC S 2009GALE A M 2017GALLAWAY L 2014GALLAGHER M D 1984GALLAGHER M 1997GALLETTO M 2000GALLETTO M 2000GALLAGHER R 2009GALVIN M 2014GAMBACORTI B 1981GAMBLE J 1997GAMULIN L 2015GARAVAN K 1998GARDNER L 2017GARDNER P 1985GARDINER P A 1999GARLICK B 1998GARLING J 2012GARNETT C V 1994GARNSEY J J 2006GATLIFF S J 2004GAWNE W R 2005GAZAL S M 1971GEDDES L 1989GEEVES C J 1993GEEVES C B 2009GEEVES C 2014GERKE-REINEKE A 1999GHABRIAL J I 2012GHISLA P 2014GIBBENS G 2010GIBBS R 2008GIBSON G V 1996GIBSON G M 2001GIBSON J E 1992GIBSON J K 2013GIBSON M 2003GIBSON P R 1992GILBERT L 2013GILDER J D 1992GILFOYLE M 2015GILLESPIE A S 2010GILLIES E 1989GILLING P 2015GILLIES R J 1988GIRDIS G S 1954GIRDIS S M 1994GIVNEY D J 2015GLASBERG A 2005GLASSON R J 1994GOARD N 2015GODDARD E J 2009GODDARD J 1975GODDARD JNR J L 1976GODDARD P M 1978

GOKYILDIRIM A 2014GOLDSTIVER B 1992GOLDSTIVER P A 1995GOLDSACK T 2012GOLUZD J 2001GONZALEZ E 2016GONZALEZ Z J 2016GOODBOURN A J 2005GOODYEAR A 2017GOODRIDGE C S 2006GOODMAN J M 2003GOODIESON J A 2005GOODIER J L 2007GOODRIDGE L W 1994GOODBUN M J 1978GOOLEY B R 1994GORBATOV M 2013GORDON C A 2015GORDON M 2003GOSS A A 2008GOTZE D 1998GOUGH H D 1992GOULD B D 1966GOWER J M 2010GOYEN P 2008GRACIE M 2017GRACANIN Q 2008GRAHAM A J 2010GRAHAM D C 1980GRAHAM J W 2012GRAHAM L J 2006GRAHAM L J 2013GRANT C 1995GRANT R K 1998GRANT S 2010GRANTHAM T 2017MCKEAN N 2008GRAY J 2001GREATHOUSE J 2015GRECH W 2015GREEN A 1989GREEN A 2010GREEN E 1993GREEN I 1996GREEN J 2000GREEN L 1959GREEN M J 1994GREEN M H 2006GREENE M J 2013GREENHILL N 2011GREGORY A W 1998GREGORY B 2014GREISEN K 2008GRELLIS S 1999GRIEVE H 1979GRIFFITHS A 1999GRIFFITH D C 1991GRIFFITHS G 1999GRIFFIN J 2007GRIFFIN J 2006GRIFFIN K B 2006GRIFFITH M J 2006GRIMES J 2016GRIMWADE T J 2012GRIMES T 2016GROOM C 2014GROUNDS T W 2016GROUNDS W W 1991GROUNDS W F 1994GROVE J 2016GROVE P 2003GROVE P A 1995GROVES R C 1994GRUBER A 2014GRUBB C 2001GRUBB R 2010GRUT G 2011GRUZMAN A 2004GRUZMAN G H 2009GRYLLIS C 1986GUANARIA I 2003GUANARIA J 2003GUANARIA S 2006GUAN S 2011GUEVARA-RATTRAY E 2014GUNNING A 2017GUNNING D R 2017GUNNING J P 1991GUNNERSEN J M 2004GUNNING M B 2015GUNNERSEN T H 2004GUNNING W M 2017HABER A L 2002HACKNEY G B 1985HAEGE P 2014HAEGE P A 2015HAGAN A G 1999HAGON W A 1998HALAS P 2015HALCOMB A 2012HALCOMB G A 2011HALES S J 2003HALE T S 2016HALL D E 2006

HALL D L 2016HALL E 2012HALLS G W 1976HALL I S 2014HALL J 2001HALL J 2012HALLS L 1978HALL M H 2001HALL O 2012HALL R J 1967HALL W D 1989HALL W 2012HALVORSEN N 2015HAMILTON G A 2008HAMPTON T R 2012HANCOCK P R 1998HANDS D J 1985HANDLIN D A 2004HAND D J 2013HANKIN P 1967HANLEY D 1997HANLEY P 1997HANNING B 2015HANNING C 2015HANNING K 2015HANNING S 2015HANRICK R J 2013HARA W 2016HARDMAN C 2005HARDY H 2010HARDY OBE J G 1971HARE C 2015HAREMZA G 1992HARGREAVES P H 2000HARLAND G S 2015HARPER R 1989HARRIS C T 2004HARRIGAN D 1998HARRISON E J 1994HARRISON E J 2016HARRISON G 2011HARRISON H 2008HARRISON J R 1984HARRIS J R 1970HARRISON J S 1955HARRIS R A 1999HARRISON S F 2008HART A B 1980HART D 2001HARTON H M 2015HARTAS O 2008HART R P 2015HARTLEY V 2006HARVEY F 2017HARVEY J 2010HARVEY N 2010HARVEY S 2016HASELDINE E 2016HASKARD C 2016HASTINGS B J 2017HASTIE J 1996HASTINGS M 2008HATCH M 2013HATCH S 2013HATTON H R 1981HAVRYLIV A 2015HAWCROFT C 2001HAWCROFT P 2001HAWKINS A 2002HAWKINS D 2014HAWKETT K 2009HAWLEY C 2016HAWLEY D 1994HAWTHORN A 2002HAWTHORN C R 2007HAWTHORN H 2006HAWTHORN R 2002HAWTHORN R A 2007HAY A 2014HAYNES S W 2004HAYNES W 2015HAYSTEAD T 2015HAYWARD M 2001HAZELTON R J 1974HEALY D M 1995HEARDER A M 1976HEARD C 2011HEARD K J 2011HEATH D G 2008HEATH J 2015HEDBERG W 2016HEEPS R B 2009HEHIR V 1999HEILIGERS H S 1994HEININGER R W 1991HEMERY J L 2001HEMMING J M 2003HEMPEL S 1997HENDERSON B R 2006HENDERSON R M 1999HENDERSON T 2007HENNESSY G 2016HENNESSY P 2000HENRY O 2002

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YACHT REGISTERPREFIX SAIL NO VESSEL NAME OWNER FIRST NAME OWNER LAST NAME CLASS/TYPE

AUS 1292 1292 MATTHEW RAMALEY ETCHELL 7700 ABOUT TIME JULIAN FARREN-PRICE COOKSON 12 5148 AGENT 88 PETER & PAULINE REDMOND YOUNG 88 8080 AHOY DENISE VAN EWIJK JOHN MORRISSEY VAN der STADT 40 4970 AKELA ALAN MATHER JUTSON 40 AKUBRA PATRICK WILDE FARR 1220 ALL IS FAIR SIMON KURTS SABRE 42 5935 ALPHA CARINAE DAMIAN BARKER SYDNEY 36 AMADOU CHRIS BULL AMEL 54 6609 AMANTE DENNIS COOPER SYDNEY 36 5665 AMON RA CARL CRAFOORD FARR 1104 8048 ANDIAMO! MALCOLM EDWARDS BUIZEN 48 6529 ANDURIL ANDREW BARNES SYDNEY 32 5106 ANNA ROBERT GILLIES GEORGE SIRRETT, ALAN STEVENS NORTHERNER 28 316 ANTHANTA VI ANTON GRUZMAN NAUT 40 500 ANTIPODES OF AUSTRALIA GREG NEWTON BENETEAU 523 2 AOMA SCOTT RYRIE LOGAN 30 6809 APPLEJACK DEREK MCDONNELL ROGERIO BLANC-RAMOS BENETEAU OCEANIS 31 APSARA BARRIE & CHRIS ELSBURY SWAN 56 6544 ARALUEN RODNEY WILLIAMS BENETEAU OCEANIS 423 69200 ARCH NEMESIS DALE / GHABRIAL HARE / TAYLOR C & C 41 6519 ARCHERON NEVILLE & JAQUELINE BROWN BENETEAU 393 7101 ARCHINA BILL FERRIS JOSEPH SKRZYNSKI KETCHC 1 ARGO BLUE GEORGE SNOW BENETEAU OCEANIS 50 956 ARIADNE DAVID ANDREWS CATALINA 320A 140 ARIEL RON FORSTER BENETEAU FIRST 40 27 ARIETTA LAURIE LASH JEANNEAU 379 1900 ARIKI DAVID WILLIAMS CAVALIER 28CIG 16 ARIKI TAI DENIS DOYLE LYNNE SMITH CIGALE 16 9999 ASSASSIN ROBIN CRAWFORD MC38 ASTOR RICHARD STRAMAN 86’ SCHOONER 3430 AZZURRO SHANE KEARNS SPARKMAN STEPHENS 34 BAD PETER FRANKS BENETEAU 44.7AUS 52002 BALANCE PAUL CLITHEROE TP 52 BALLDA GREGORY HAREMZA DEKLOET B.V 9.5 6652 BALTIC LADY NIEL BURLING HANSE 40AUS 717 BANDIT WARWICK ROOKLYN MELGES 24 4423 BASKA ALLAN RICH SLOOPGBR 2566R BELLA GIOIA JOHN & KAREN COLE SWAN 40 371 BERRIMILLA ALEX WHITWORTH BROLGA 33 BIG SPLASH PETER LYNCH HUNTER 6783 BLACK PEARL IAN AWFORD BENETEAU OCEANIS 40 33345 BLACK SHEEP DEREK & MARTIN SHEPPARD BENETEAU FIRST 45 5962 BLACKJACK BRUCE RANKIN JEANNEAU SUN ODYSSEY 40AUS 197 BLACKJACK TERRY WISE PACIFIC SAILING SCHOOL J24 3302 BLIND JUSTICE STEPHEN O’HALLORAN CAVALIER 28USA 50035 BLING JACK GOLUZD NELSON MAREK 35 7701 BLISS ERIC FRANK BENETEAU OCEANIS 45 6006 BLUE CHIP KARL STECHMANN PETER MASON SYDNEY 38 BOADICEA ANDREW MILNN BX 43 BORDEAUX PETER ZEHNDER ALICE MURPHY BENETEAU OCEANIS 43 1616 BORN FREE WALTER RATHGAB SLOOP 6703 BOSWELL NANETTE AINSWORTH BAVARIA 34MH 86 BOX OFFICE DAVID LYONS LYONS 25 6265 BRAINWAVE JOHN SIMMONDS BENETEAU 473 9988 BRANNEW CHRIS BRAN BENETEAU FIRST 40CR 6628 BREAKAWAY CHARLES CORNELL BENETEAU OCEANIS 42.3 BRIGADOON DARYL ISLES HOOD 23 7035 BRIGUS III TERENCE BURKE PUBLIC PRIVATE PARTNERSHIPS PL BENETEAU FIRST 35 6595 BRILLIANT PEARL TRACY JOHNSTONE BENETEAU 34.7 111 BRINDABELLA HAMISH LINDSAY ENDEAVOUR 24 10000 BRINDABELLA JIM COONEY JUTSON 79KA 294 BROLGA MALCOLM & MARK ANDERSON E22 BULLANT ROUGE COLIN ALLECK SPARKMAN STEPHENS 34 7441 BUMBLE BEE 5 JOHN DIETER KAHLBETZER SLOOP 8301 CADENZA GUNNAR TUISK FARR 50R 420 CADIBARRA 8 PAUL ROBERTS JONES 42 7777 CALIBRE RICHARD WILLIAMS SYDNEY 38 CALINA IV CHARLES BREWER VAN der STADT PION 30MH 102 CALLISTA TIM FLAHVIN BENETEAU 47.7 930 CALYPSO TOOTH/GRAHAM/CLARK NORTHSHORE 33 6259 CAMILLA ANGELO SCHEPIS TRADITIONAL 30 CAPE FINISTERRE IAN & ANDREA TRELEAVEN BENETEAU OCEANIS 50 6278 CAPELLA RICHARD HUTCHESON BAVARIA 36 9009 CAPRIA PAUL HYLAND BENETEAU 40.7 7061 CAPRICCIO TONY CRAVEN CATALINA CAPRI 22 567 CARLA M MARK MICHALOWSKI BENETEAU 47.7 7016 CAROLINA WILLIAM REDDICK BENETEAU OCEANIS 45 5601 CARPE DIEM IAN BEGLEY KAY COTTEE 56 5438 CARTWHEEL RUSSELL DEBNEY CARTER 33 317 CATALINA JOHN McKIM AM CATALINA 34 37008 CATAVENTO PETER BLAIR NORTHSHORE 370 6952 CELESTIAL SAM HAYNES TP 52 8824 CHANCELLOR EDWARD TOOHER BENETEAU 47.7AUS 257 CHARLOTTE ERVIN VIDOR AM CNB 76 111 CHEEKY ENCOUNTER RON COOPER ERICSON 46 611 CHINA BEAR ANDREW CLUBB RH 52 CHINA EASYWAY TRAVIS READ JARKAN 12.5AUS 13 CHINESE WHISPER RUPERT HENRY JV 63 8350 C-HORSE JOHN SMITH CAVALIER 350 SL 5949 CIRCE JOHN B SMITH BAVARIA 40 6719 CMIST TROY & SCOTT DILLON BENETEAU 44.7


PREFIX SAIL NO VESSEL NAME OWNER FIRST NAME OWNER LAST NAME CLASS/TYPE

3720 COLAC BAY RAYMOND COLLETT ENDURANCE CONFUSION ROBERT SMITH COMPAS 30 CONVICTS REVENGE STEPHEN GIRDIS J24HKG 56 COOL PHILIPPE ODOUARD BENETEAU FIRST 30 6689 COPERNICUS GREG ZYNER RADFORD 12 COTE D’AZURE JAMES PEACH BENETEAUAUS 11111 CQS LUDDE INGVALL IRC SUPER MAXI 6683 CROSSHAVEN SEAN RAHILLY JUSTIN PELLY SYDNEY 36CR 5886 CROSSING SIMON MAY X 442AUS 160 CRUSADER JONATHON GREEN MELGES 32 7064 CRYSTAL CUTTER II CHARLES PARRY-OKEDEN BENETEAU FIRST 40 8412 CYRENE 3 MIKE SELBY ELENA WISE X 412LM 28 DANSKER BILL WILSON TIMOTHY WILSON LM28 11 DEFIANCE NICOLE SHRIMPTON INTERNATIONAL 8 METRE 7045 DEFIANT PAUL BILLINGHAM PETER McGEE BAVARIA CRUISER 41SF 88 DEGREES OF FREEDOM STANLEY REYNOLDS RUNNALLS 38 DESPERADO ANDREW LUKAS SPY 8.2 DEVI GARH BRAD GARLICK BENETEAU OCEANIS 46 6660 DEVILS ADVOCATE MARK DONELLY CAVALIER 28 621 DEVILS LAIR BARRY CROOK MOUNT GAY 30KA 5300 DRAKES PRAYER TED CRIMMINGS FARR 43 3433 DREAM TIME PAUL SPIRA HOLLAND 44ESP 6100 DUENDE DAMIAN PARKES JUDEL VROLIJK 52 7744 EAGLE ROCK ROSS WILSON BENETEAU 47.7USA 163 ECLIPSE CAMERON McKNIGHT VIPER 640 144 ELECTRA JOHN KEELTY COLE 43NZL 8577 EMILY TIM CASEY DOVELL 62 5910 ENBEEDEE IAN PORTEK BENETEAU 31.7 ENDLESS SUMMER II BRUCE NEIL CATAMARAN ENTERPRISE ANTHONY TWIBILL LEXCEN 40AUS 1286 ENTOURAGE SHANE GUANARIA ETCHELL 1061 EPIPHANY NIGEL PRICE CATALINA 320 6059 ESCAPADE RAWDON SIMON BAVARIA 345 ESPIRIT D’ARCACHON WILLIAM & ELIZABETH PECK HANSE 345 8181 ESPRESSO FORTE LAURENCE FREEDMAN FARR 55 8455 EUROPA DAVID MASON WAUQUIEZ 45 7017 EXCEL ANDREW JOYCE THOMPSON 7 8063 EYE APPEAL MICHAEL DELANEY JOHN MARKOS SYDNEY 36CR EYE CANDY ANDREW PAYNE BAVARIA 39 338 FAST COMPANY RALPH GUDDERJAHN YOUNG 88 6412 FERGUS RENEE WILLIAMSON-NOBLE X 42 2153 FICTION MICHAEL BLAXELL PETERSON 30C 162 FIGMENT BRUCE COX CATALINA 320AUS 6508 FINN JANEY TRELEAVEN IAN TRELEAVEN FARR 40 44800 FIRST LIGHT ROY MELICK DAVID JACOBS DEHLER 41DS 6808 FLYING CLOUD HOWARD PIGGOTT BENETEAU FIRST 40Q 1 FLYING SAUCER MARK & ANNE ANDERSON MOTOR SAILORAUS 6133 FOREIGN AFFAIR MATT WILKINSON FARR 30 645 FORTLET JOHN MACONOCHIE KETCH 6044 FRANCESCA BRENT CARR JEANNEAUUSA 5341 FREE BIRD PHILIP ASCHE SWAN 44 6347 FREE SPIRIT DAVID MARSHALL CRUISING YACHT 8885 FREE SPIRIT STEPHEN GIRDIS JEANNEAU 51 345 FREE SPIRIT WILLIAM GAWNE HANSE 345 5138 FREETIME GREGORY TOTTEN WARWICK 40 FREYA JOHN SINGER SLOOP 80R 10 FROTH & BUBBLE NATHAN SMITH YOUNG 780 6482 GAIA WAYNE JUPP HOWARD ELLIOTT X 482 38011 GINGER LESLIE GREEN MC38AUS 114 GLORY ROAD GORDON WEISE J24 5484 GONDWANA PETER EDWARDS ROBERTSON 950 6990 GREAT WHITE BOB & ANN PENTY BENETEAU OCEANIS 41 6343 GREAT XPECTATIONS ROD WILLS X 43 14 GREENGATE MATTHEW FISHER MAGIC 25 3976 GUSTO PHILIP DENISON CAVALIER 39 4173 HALF HOUR PAUL HENDREY HALF TONNER 6937 HANNI TIM WILSON RINGLE 39 6644 HAPPY TOO EDWARD DERMODY BAVARIA VISION 44AUS 202 HAT TRICK DAVID HENRY ETCHELL 6318 HAVANA JOHN JAMIESON SLOOP HAVE FUN GARY DONOVAN NORTHSHORE 33 5728 HEAVEN JOOST KERDIJK BENETEAU 33.7 6726 HECTOR ANDREW HAWKINS JEANNEAU SUN ODYSSEY 36IAUS 98 HEY JUDE JAMES LEY INTERNATIONAL FINN 9797 HIDDEN AGENDA GRAHAM GIBSON SYDNEY 38 HIRONDELLE JAMES LUXTON SWAN 42AUS 8899 HOLLYWOOD BOULEVARD RAY ROBERTS FARR 55 8898 HOLLYWOOD BOULEVARD RAY ROBERTS TP 52 6797 HOLY COW! JOHN & KIM CLINTON BENETEAU OCEANIS 50 2125 HOO HA PETER HOWES HALVORSEN 25 115 HOODWINKED NOEL O’BRIEN “HOOD 23” 404 HORNBLOWER PETER CAMPBELL BONBRIDGE 27 6739 HUBCAP II HERMAN HEILIGERS BENETEAU OCEANIS 40AUS 1084 HUMPBACK STEPHEN BARLOW ETCHELL HYSTERESIS III MARK & LOUISE SALMON PASSPORT 42 6815 IAGO GIBSON, YEATES BUTLER, MARSH BENETEAU FIRST 40R 6572 ICEFIRE ICEFIRE SYNDICATE MUMMERY 45AUS O10 ICHI BAN MATTHEW ALLEN ADAMS 10AUS O1 ICHI BAN MATTHEW ALLEN CARKEEK 60AUS OO1 ICHI BAN MATTHEW ALLEN TP 52 6458 ILUKA DANIEL STORCH NEIL FOX NORTHSHORE 369 35 IMAGINATION ROBIN & ANNETTE HAWTHORN BENETEAU 47.7 922 IMAGINE JOHN ACKLAND BONBRIDGE 27 1961 IN CAHOOTS PAT & ROBERTA EASTON BENETEAU OCEANIS 50 INFINITY IV MARTIN JAMES BENETEAU FIRST 50 7046 INKONKONI ARTHUR LANE BENETEAU OCEANIS 46 6360 INTEGRITY ANDREW STOECKEL BENETEAU FIRST 42s7 89 INTO THE MYSTIC ARTHUR PSALTIS JON ROSS HANSE 430e 7106 INTRO II GARY CASSIM INTRO 22

// 61CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2017


3209 INVADER ANTHONY WEBB EASTCOAST 6509 IOLANI PETER WINKLER BENETEAU OCEANIS 361 299 IRREPRESSIBLE KIM LE GRAS E22AUS 1337 ITCHY JAMIE WATSON ETCHELL 1390 JABS BRAD STEPHENS CONTESSA 25 5483 JACANA ROB GROVES CAVALIER 350SL 6774 JACKPOT ADRIAN VAN BELLEN J/122AUS 7 JAMES TIM RYAN J70 4923 JAPARA PAT GUNNING COLE 30USA 175 JAWS STAN HALES 11MTRGBR 772 JAZZ 4 CHRIS BULL INTERNATIONAL DRAGON 2210 JAZZED UP EDWARD DERMODY BUIZEN 40SM 6518 JEM JEFF DUSTING SYDNEY 47CR 1309 JESSICA RABBIT BRUCE MILLAR SYDNEY 32 5531 JESSIE STEVE HUDSON BROLGA 33 JOVE REG & SALLY LORD J111KA 8 JUANA JOSE DE LA VEGA INTERNATIONAL 8 METRE JUICY FRUIT GEOFF FOLEY S 80 JUNO REG & SALLY LORD J70PH 111 KAIAMI GULAY BILSEL SOUTHERN CROSS 3401 KAIYU OWEN THOMAS LION 2682 KARISMA JOHN MANSON SPARKMAN STEPHENS 39 3031 KATINKA PAUL O’CONNELL MARAUDER 27 7878 KAYLE DAVID PESCUD LYONS 54 4968 KERMITTED JAN KENNEDY ENDEAVOUR 26 6153 KIA KAHA JUSTIN ATKINSON CAT WRITH YOUNG 88AUS 7742 KIALOA II PATRICK & KEITH BROUGHTON S&S 73 9991 KIRRIBILLI ADRIAN & JACKIE ABBOTT FARR 40 52152 KOA PETER WRIGLEY ANDREW KEARNAN TP 52 8883 KOKOMO LANG WALKER FARR 40 OD KOKOMO LANG WALKER MC38 F589 KONDILI PHIL & ROBYN HEARSE HANSE 495AUS 40 KOOKABURRA GRAEME WILSON IACC 8383 KRAKATOA DON YOUNG YOUNG SUPER 30 9 KYEEMA DENIS O’NEIL 9 METRE 7121 LA NICHE BRETT PEARCE KAREN HAWKETT HANSE 250 4584 LA VELA CHRIS PENTLAND BENETEAU OCEANIS 37SYD 55 L’AMOUR DE MA VIE NEV & JANIE WITTEY BENETEAU OCEANIS 55 L’ANGUILLE PAUL WILLIAMS TAHE WIND 585 LAPSE OF REASON SERGEI SHUTOV YULIA SHUTOVA TOP HAT 25 133 LAROOL TJERK DUSSELDORP 30 SQUARE 3782 LARRIKIN JOHN WEILEY ADAMS 10 8832 LARRIKIN ROSS GLASSON RICHARD HARPER SYDNEY 32 8975 LAST TANGO PHILLIP KING SALONA 44 717 L’ATTITUDE JOHN BARTER DEHLER 41DS 6563 L’ATTITUDE JON SHORT, MILES BASTICK ROBERT HUNT BENETEAU 40.7 4896 L’EAU CO GRANT POLLOCK NORTHSHORE 380 6833 LEEWARD ROBERT LEWIN MURRAY HAYWOOD BENETEAU FIRST 40 LEGENDE ASH PAGE SIMON CARLESS JEANNEAU 43DS 5984 LEONARDO PETER MAITZ BENETEAU 50 LHL DECLAN BRENNAN HALVERSON 25 MOTOR CRUISER 3643 LIBELLULE NEVILLE OLLIFFE SPARKMAN STEPHENS 39 6861 LIBERTE MICHAEL KARAGIANIS GARY SIMON BENETEAU OCEANIS 40 2616 L’IL BEAUTY FUJI HUANG TRITON 24 6277 LIMELIGHT ALAN HUSBAND BAVARIA 51 6772 LISDILLON DES FAGAN SEAQUEST 36 LITTLE G PATRICK BROUGHTON ETCHELL 3806 LIVEWIRE PHILLIP BARNES SYDNEY 38A 156 LOLITA NICHOLAS CASSIM WOODEN SLOOP LORELEI MATTHEW FARR HANSE 385SYD 1 LORITA MARIA NORMAN RYDGE MARTEN 49 3383 LOTUS ARTHUR EADY LOTUS 10.6 294 LOVE & WAR SIMON KURTS SPARKMAN STEPHENS 47 6175 LOVE BYTE CYRIL LATIMER, CHRIS FRANCE & DAVE ALLAIS SYDNEY 38SB 445 LUNASEA CHRIS MCSORLEY HANSE 445 LYNN STEPHEN THOMAS HALVORSEN 26 MADEIRA GEOFFREY SMITH SUN ODYSSEY 554 DSAUS 1360 MAGIC CARPET MARCUS WHITE ETCHELL 3687 MAGNETIC NORTH RICHARD HAMMOND CAVALIER 946 MAGNUM ROBERT WILTON BOUNTY 35NZL 1 MAHLIGAI MURRAY OWEN JENNY KINGS SYDNEY 46A 19 MALUKA SEAN LANGMAN GAFF 6616 MANLY FERRY JOHN RAINBOW WARWICK 53 353 MARGARET RINTOUL BRUCE GOULD YAWL MARGARITA PEARL TRACEY JOHNSTONE ELAN 310 3966 MARIGOT BAY MERRYL SEMPLE PETERSON 30 4715 MARLOO GEORGE GIRDIS JARKAN 12.5 31 MARQUISE STEVE LAMBERT MOODY 41 CLASSIC 6512 MARTINI DAVID STITZ THOMPSON 870ITA 70 MASERATI JIM COONEY VOLVO OPEN 70 6313 MASQUARADE TIMOTHY FOLLAND NORTHSHORE 27 6397 MATIKA JONATHON GOWLLAND SLOOPAUS 202 MAVERICK TERRY WISE PACIFIC SAILING SCHOOL J24 4377 MAX BARRY & TOBY MUNNS PETER FALLON CAPE 31 6928 MENAGE A TROIS KARL MATISZIK BENETEAU FIRST 30 MENTAL BLOCK BRETT PHOBE LAGOON 400 1224 MERCEDES IV PETER STRONACH ONE OFF 2260 MERRY MAC DAVID McCLEAN CLANSMANST 36 MIDNIGHT RAMBLER ED PSALTIS SYDNEY 36 MIGALOO ROSS HETHERINGTON CATALINA 470 2143C MIGNON BOB FISHER FIFE DAYBOAT MISSA SOLIS NIGEL WESTLAKE HUNTER 340 6515 MISTRAAL ANDREW BULLARD BENETEAU 57 5050 MOJO RICK FELDING FUSION 40 MONA R.A & W.M PORTER 38’ GAFF KETCH 4886 MONICA’S DAUGHTER GEOFF ROBINSON CUSTOM 30 4272 MONKEY MAGIC JOHN PENFOLD SLOOP 395 MONTANA SHANE & JAN O’CONNER CAREEL 5M 6625 MOONDANCE MICHAEL COOPER CYCLADES 39


MOONSHADOW PAM CARRINGTON BENETEAU OCEANIS 423 8882 MOONSHADOW V LLOYD BENNETT DUNCANSON O’SHORE MORE MISCHIEF SIMON CARR BENETEAU OCEANIS 45 8402 MORE WITCHCRAFT JOHN CAMERON EAGLE 46 6484 MR BOJANGLES WARREN & WILLIAM GROUNDS JEANNEAU 40.3 3509 MURPHYS LAW DEBRA WALLACE ENDEAVOUR 27 3111 NAND IV RICHARD CHAPMAN SALAR 40 5482 NAUGHTY CALL GREGG WATSON ROBERTSON 950 6734 NECESSITE DAMIAN BANKS BENETEAU OCEANIS 43 6538 NEGOTIATOR PHILIP RICHARDS JEANNEAU SUN ODYSSEY 36.2 33 NERIDA SIR JAMES HARDY CUTTER 6111 NEVER A DULL MOMENT COLIN & DENISE WILSON MACKMAN/LYONS 6081 NEXT PHIL TOMKINS RICHARD HOLSTEIN SYDNEY 38 7557 NGAK NGAK HAMISH PETRIE BENETEAU 57AUS 9009 NIGHT NURSE RUSSELL MCCART FARR 40 OD 5995 NIPS-N-TUX HOWARD DE TORRES IMX 40N 3 NOAKES BLUE SEAN LANGMAN N26N 2 NOAKES RED SEAN LANGMAN N26N 1 NOAKES WHITE SEAN LANGMAN N26AUS 180 NOKOMIS GEOFF COWEN J24 5857 NORTH STAR PETER THOMAS NORTHSHOREAUS 368 NORTH SYDNEY STATION ED McCARTHY E22 226 NYORA TRACEY/GRAHAM CARPENTER/EVANS SLOOP 8008 OCCASIONAL COARSE LANGUAGE TOO WARWICK SHERMAN KER GTS 43 OCEAN DIAMOND JOHN READ JEANNEAU 452TYC 101 OCEAN FREEWAY CHARLES BOOTH ADAMS 3000 OCEAN ROAD GARY McLEOD BENETEAU SENSE 43AUS 1254 ODYSSEY JILL CONNELL ETCHELL OENONE HELEN LOVETT 38’GAFF CUTTER 8035 ONE MORE -NO MORE IAN GUANARIA BENETEAU FIRST 35SYD 181 ONLINE STEPHEN TREVELLION JARKAN 12.5AUS 7151 OPTIMUM RICHARD BRASHER FARR 30 NZL 9242 ORBIT MATTHEW BROWN SHAW 10 OUT OF THE BAG WILLIAM WEBB SLOOPAUS O40 OUTLAW ALAN & TOM QUICK FARR 40 4114 OUTWIDE RACING PETER SCHWARZ THOMPSON 650 5668 OVERDRIVE ANDREW JOHNSON MEEGAN THOMAS NORTHSHORE 380SAUS 202 PACATAC TERRY WISE PACIFIC SAILING SCHOOL J24 97 PACHA BILL KOPPE CAMPER & NICHOLSON 55 5522 PAINKILLER OP ROD WEST BAVARIA 42 454 PALANA ROBIN WILLIAMS ARTHUR ROBB 38 80808 PANACEA PETA WILCOX BENETEAU 40.7 444 PANACHE EDWARD NOBBS EAST COAST 31 6657 PANTOMIME IV MICHAEL KELLY MOODY 35 5447 PAPILLON JOHN ROTH SUNSET 750 6841 PAPILLON PHIL MOLONY ARCHAMBAULT A 40 RC 776 PAPOU GELI ROSS KARP BENETEAU FIRST 25.7 360 PATRICE TONY KIRBY KER 46 PATRICIA AGAIN BILL SHERMAN BAVARIA 35 99 PAZAZZ ROBERT DRURY COOKSON 12 329 PEGASUS WILLIAM STREETON ENDEAVOUR 32 5164 PENDRAGON ANDREW COCHRANE STEWART 34SM 74 PERFECT MATCH ALUN LEWIS BAVARIA MATCH 35SYD 1000 PERPETUAL LOYAL ANTHONY BELL JUAN K 100M 669 PHOEBE CELESTE HARRY HOUSE ROZINANTEE 226 PILGRIM PAUL LEY KAUFMANN 58 5251 PIPEDREAM MARK McELLIGOTT DEHLER TOP 34 7623 PLABA IV BRUNO GAMBACORTI 1/2 TON 101010 PLAYSTATION 4 DEAN HARRIGAN REICHEL PUGH 42US 20 PLYM NEVILLE CRICHTON SLOOP 56 POLARIS MARK GALLAGHER MOTOR SAILOR PRESTO BRUCE DENNIS CAVALIER 28 4582 PRIVATEER BILL MIROW DAVID DALTON BENETEAU FIRST 345 120 PROSPECTOR GREG JOHNSTON CUTTERKA 2 Q T SCOTT RYRIE 30 SQUAREKA 2 QUADRATO TRINTA SCOTT RYRIE 30 SQUAREF 8 QUATTRO JASON DAISLEY BENETEAU OCEANIS 43AUS 893 QUEEN ANNES REVENGE MICHAEL BELLINGHAM ETCHELL 9300 QUEENIE GRACE ANDREW MORRIS ETCHELL MODIFIED 7035 QUEST BOB STEEL MAT 1180 609 QUETZAL BRIAN CLAYTON NANTUCKET 31 2001 QUETZALCOATL ANTHONY BRUCE, JAMES LEE-WARNER ANTO SWEETAPPLE JONES 40 6444 QUICKIE STUART MUIRHEAD SYDNEY 32 370 QUINTESSENCE SHANE FIRKIN NORTHSHORE 370 1272 RABELAIS PHILLIP MILLS COLUMBIA 33AUS 70 RAGAMUFFIN 52 SYD FISCHER TP 52 RAGAMUFFIN 90 SYD FISCHER SUPERMAXI 90 4684 RAINBOW JOHN ROBERTS NORTHSHORE 38AUS 1191 RANGOON TIGER CHRIS GRUBB ETCHELL 6332 RAZORS EDGE RAY STONE SYDNEY 32 7090 REO SPEEDWAGON ANDREW YORK REO 7.2 5930 REVE KEVIN WHELAN BENETEAU 45 F5E 16 ROB ROY MICHAEL YORK ETCHELL 7 ROSENN BOB FISHER SOLENT OD 6186 S.Y LA TORTUGITA BRIAN JAMES FARR 9.2 6206 SABBATICAL JEFFREY BURGESS CAVALIER 32FT 74 SABRE STUART BIRDSALL FLYING TIGERKA 71 SACRE BLEU BEN WELSH SOLING 800 SAGA GARY APPLEBY NANTUCKET 33 4000 SAGACIOUS V DAVID HUNDT FARR 40B 93 SAHARA JOHN BOX NORTHSHORE 31KA 113 SAILPAC TERRY WISE PACIFIC SAILING SCHOOL J24AUS 949 SAINTS II BRUCE HILLIARD MARIN ROSANDIC ETCHELL 3724 SALONA PHILLIP KING SALONA 37 5826 SALT SHAKER PETER FRANKI SYDNEY 36 SALTY LADY ANDREW MORSE CAVALIER 37 2114 SAMIEL ALAN STANTON SLOOP SAMMIE GARRIE TOLLIS COMPASS 29 SANA DAVID MATHLIN ONE OFF



7134 SANITY KELLY, GONZALEZ JACOBS, LEY JEANNEAU 349 6226 SANTE’ ROB & SUE SEGEART BENETEAU SENSE 46 SAROCA MICHAEL BLUMER 58’ STEEL KETCH SAVANNAH GIRL RUSSELL BATES SWAN 46 2663 SCANDAL IAN MANLEY HOLLAND 30KA 400 SCARLET O’HARA ROBERT SKOL 30SQ M 268 SEA CHANGE MARCO FORSTNER BAVARIA 31KA 42 SECOND WIND MARK HOLLINGSWORTH CONVERTED ETCHELLSIVB 1997 SECRET MENS BUSINESS GEOFF BOETTCHER TP 52 2560 SECRETS IAN BRADDOCK COMPASS 9477 SHERE KHAN RICHARD WYATT BENETEAUFT 77 SHERE KHAN ROD GIBBS FLYING TIGER 209 SHONA BILL FERRIS JOSEPH SKRZYNSKI SLOOP 1715 SHOPKEEPER GARRIE TOLLIS BUIZEN 48 5950 SHORETHING JULIAN BRENCHLEY NORTH SHORE 38 52002 SHORTWAVE CHRISTINE SHORT TP 52AUS 325 SILKY ANTHONY HIRST E22 331 SILVER MINX GEOFF & VICKI PLAYER BENETEAU SENSE 50 5436 SINE WAVE GREGORY MASON DAVIDSON CUSTOM 37 9990 SINTARA GORDON ANDERSON BENETEAU 42s7 66666 SIX PACK SCOTT RYRIE 6 METRE 208 SKEAN DHU TED ROBERTS CLANSMAN 9997 SKEETER SANDOR TORNAI FARR 30AUS 124 SLACK ALICE KEITH SHEPPARD J24 5892 SOBRAON ROBIN & KAY HYETT BENETEAU 5291 SOGU DAVID JORDAN SOUTHERN 30 6497 SOINDIKA TIM ATKINS BENETEAU 40.7RQ 1123 SOLAHART-RUM JUNGLE LOST BOYS SYNDICATE SWARBRICK 12.3USA 50066 SOLARUS NOEL STERRETT J130 7096 SOLUTION PEPPERNELL / LEE / CONWAY JEANNEAU So349 38038 SOLVEIG II DAVID MCLEAN XP 38 700 SOMMERBREEZE HANS SOMMER CAVALIER 350SLAUS 92 SOPHIA PHILLIP MELLOR FLYING TIGER 6801 SORTIE NEIL WILLIAMS BAVARIA 46 5273 SOUNDTRACK JOHN AMOS J35AUS 3 SOUTHERN EXCELLENCE II ANDREW WENHAM VOLVO 70 1770 SOUTHERN STAR JOHN ANTHONY CALVERT-JONES FARR 40 OD 2578 SPARKLE STEPHEN PRINCE CUSTOM HERISOFF 26 8347 SPEEDWELL COLIN GEEVES BENETEAU 34.7AUS 21 SPIRIT GRAEME WILSON IACC 819 SPIRIT OF BISCAY NIGEL McCARTHY VAN DER STADT 34 4869 SPIRIT OF DEFIANCE JENS RASMUSSEN DEFIANCE 30 6393 SPORTS BAR NEVILLE & JOANNE BLAIR BENETEAU 47.7 6686 ST JUDE NOEL CORNISH SYDNEY 47 6504 STAR OF ANTLIA SID FRENCH HUNTER 340 760 STARBUCK HUGH DOWLING COLE 40AUS 203 STARPAC TERRY WISE PACIFIC SAILING SCHOOL J24 5132 STARSTRUCK DAVEAU KEN DAVIS JEANNEAU ONE DESIGN 508 STORMY PETREL KEVIN O’SHEA SPARKMAN STEPHENS 37 53444 SUMATRA BASIL, SHANE and TRISTAN DIETHELM SWAN 48 8585 SUMMERCLOUD II RICHARD MOORE MOTTLE 6326 SUNSHINE JOHN KIRBY JEANNEAU SUN ODYSSEY 45.2 SUNSHINE MCKENZIE OLIVER KETCH 9900 SUPERFINE GEORGE WALDTHAUSEN CAVALIER 350 SL 1295 SURAYA CARL SRIBER SPARKMAN STEPHENS 37AUS 2847 SWAY SHANE GUANARIA TASAR 6085 SWEET CHARIOT IV DAVID & JILL HENRY BUIZEN 48 226 SWISH STEVEN PROUD ES 44 6070 SYDNEY CHARLES CURRAN SYDNEY 60 6472 SYMBIOSIS TROY SCOTT SYDNEY 36 193 SYONARA GREG MAUGHAN SWANSON 6835 TAHOE BLUE PAUL WOOD BENETEAU FIRST 35 114 TAKE TIME GRAHAM H SMITH BROLGAA 64 TAMARIS BRIAN SPROULE CLASSIC TAMMY II BRIAN & JILLIAN DE BOOS ISLAND GYPSY 44 TAMPICO II JOHN M P BOOTH SLOOP 626 TANAMI MANDELBERG/PRONT/ROSE COLE 40 1247 TASHTEGO CAMPBELL MINTER HALVORSEN 41 638 TAWARRI II CHRIS IACONO CARBINEER 77115 TEAMM8 WARWICK EVANS BENETEAU 38SM 24 TERRA FIRMA NICHOLAS BARTELS COOKSON 50AUS 150 THE BUSINESS VAUGHAN STIBBARD MELGES 32 7027 THE GOAT CLAYTON/FOYE PECKMAN/GORDON SYDNEY 38 421 THE GOAT SEBASTIAN BOHM ROGERS 46 6677 THE HOLY GALE JASON KLAAS BENETEAU 27.7R 945 THE LUGE JOHN ACKLAND SWARBRICK JS8000 29 THE RED HAND GRAHAM O’NEILL HARBOUR RACER 807 THE SAINTS BRUCE HILLIARD MUTINY 28R 650 THE STIGS AUDI DRIVING COUSIN DAVID ELLIS SHAW 650M 300 THE SWEENEY SHAUN PARKER FARR 11.5 3790 TICKALARA DAVID LIVERMORE PHANTOM 32AUS 90 TIGA HANK BEYER FLYING TIGERAUS 92 TIGGER ROBERT BREIT FLYING TIGER 4045 TIME OUT PETER BLAIR NORTHSHORE 38 5103 TONIC ALAN GREEN OLSEN 40 187 TOO UP LYNDA SHELLEY KEITH LOGAN FOUNTAIN PAJOT LIPARI 41MH 109 TOUCH OF GOLD KELVIN MOWTELL SLOOP TRADITION PETER BUSH HANS CHRISTIAN 41AUS 1275 TREKKA MIKE THACKRAY CAMERON BARTON ETCHELL 6223 TRIM SHAARON WALSH NORTHSHORE 369AUS 191 TRINITY ROSS ADAMS J24 6377 TRITON MICHAEL CRANITCH DAVID GOETZE LYONS / CAWSE 60R 317 TROUBADOR JOHN FRASER BENETEAU FIRST 31.7 6387 TRU BLU CHARLES GRACE IOR HALF TON 6481 TWO SHEA NICHOLAS JONES LIGHTWAVE 38 1014 UBS WILD THING GEOFF & PIP LAVIS INGLIS/MURRAY 50KA 25 UNCANNY ANNE LAWRENCE ETCHELLNZL 8425 UPSHOT WAYNE KEAVY ELLIOTT 52 7600 UTOPIA JOHN MESSENGER SYDNEY 38



9109 VAMOS TIM RYAN J109 43218 VAMP DAVID FULLER CORBY 49 VAPORETTO JUDY LEE KINGSTON 850 4688 VASCO DE GRANGA MICHAEL GRANGER YOUNG 88YC 868 VELOCITY BRIAN CARRICK BENETEAU 31.7 00400 VENTO WALTER LEWIN FARR 400 1893 VENTURA BRENDAN HUNT TRADITIONAL SLOOPKA 37 VICTORY BAR BRUCE ROWLEY SOLING 7621 VIKING VIKING SYNDICATE BRETT HART X 382 USA 40 VITESSE JOHN RAWSON ESSE 850 129 VIVA KEN HUDSON YOUNG 13.1AUS 853 VOLPE PAUL WILLIAMS ETCHELLKA 17 WALLOP BRYAN COLLIS STEPHEN WALL MODIFIED ETCHELLS 5725 WATERSHED DAVID EASTWOOD CHRIS DUVALL ENDEAVOUR 26 6465 WAVE DANCER ROB McCONCHIE RADFORD 10.6 7407 WAVE SWEEPER MORGAN ROGERS JULIAN BOWKER BENETEAU 40.7 248 WAX LYRICAL LES GOODRIDGE X 50AUS 196 WETTY GRIPPER STUART/ADAM/FRANK MUIRHEAD/FRANCIS/VOLCKMAR J24DAUS 198 WHIM GORDON INGATE DRAGONAUS 170 WHISPER ANDREW MCCRORY J24AUS 100 WHO KNOWS DOUGLAS FOSTER J24 5621 WILD BLUE YONDER TERRY RHODES NOELEX 30 87 WILD CHILD RICHARD & LISA TREWEEKE PHANTOM 32 5494 WILD EAGLE PAUL MULHERIN ADAMS 40AUS 7001 WILD OATS X THE OATLEY FAMILY REICHEL PUGH 66AUS 10001 WILD OATS XI THE OATLEY FAMILY REICHEL PUGH 100 6492 WILD ONE LARKI MISSIRIS SYDNEY 38OD 4343 WILD ROSE SANDY EASTMAN IMS/IRC RACERM 118 WILD SPIRIT KEVIN HORNE ELLIOTT 9.6CR 8484 WINDFLYT DOUG STURROCK TOWNSON 36 6188 WINE DARK SEA SARAH GODDARD-JONES PETER LOWNDES MKL 49 263 WISTARIE BILL & LEONIE RATCLIFF MOODY S38 WOOLLOOMOOLOO LOUISA GEDDES E22 6953 WOT EVA DAVID PESCUD TP 52 XANADU JAMES MILLS BENETEAU 39s3 5805 XANTHIPPE BERNARD O’SULLIVAN ADAMS 48AUS 868 YANDOO XX NEVILLE WITTEY ETCHELL 789 YARRAWIN LANG WALKER CLASSIC 60A 5 YEAH BABY MARC & LOUIS RYCKMANS WELBOURN 50 YENDYS ROBERT DOEL ADAMS 8 6014 YEOMANS PHIL GOYMOUR BENETEAU FIRST 31.7 840 YOUNGSTAR GARRY CORSTORPHAN YOUNG 840 1097 YUM SING PAUL HUNTER PRINCEHKG 1943 ZEPHYR JEREMY MEAD FARR 41 MX 43 ZEPHYROS GABE KEMENY ZESTON 40 5531 ZIG ZAG II GRAHAM THOMPSON J 35 6311 ZIPPIER ANDREW WAUGH THOMPSON 8 8975 ZORA PHILLIP KING SALONA 45 1 MUSTO YOUTH SAILING ACADEMY ELLIOTT 7.0 2 WALKER CORPORATION YOUTH SAILING ACADEMY ELLIOTT 7.0 3 STEADFAST IRS YOUTH SAILING ACADEMY ELLIOTT 7.0 4 CLUB MARINE YOUTH SAILING ACADEMY ELLIOTT 7.0 5 D’ALBORA MARINE YOUTH SAILING ACADEMY ELLIOTT 7.0 6 YSA YOUTH SAILING ACADEMY ELLIOTT 7.0 7 ELLIOTT MARINE YOUTH SAILING ACADEMY ELLIOTT 7.0 8 SULTANATE OF OMAN YOUTH SAILING ACADEMY ELLIOTT 7.0 9 TOGA YOUTH SAILING ACADEMY ELLIOTT 7.0 10 GME YOUTH SAILING ACADEMY ELLIOTT 7.0

CRU ADELITA DENNIS COOPER GRAND BANKS 36CRU AUDREY J STUART PURVES TRAWLERCRU BULGANA ROBERT SCRIVENOR MOTOR LAUNCHCRU BUSTER ANDREW SMITH 28’ MOTOR CRUISERCRU CAPE NORTE MAX YAFFA MOTOR CRUISERCRU 9002 CHARON JOSEPH ABRAHAM MOTOR CRUISERCRU COURAGEOUS RUDYARD MCKENDRICK BERTRAM 67CRU DAWN TREADER MATT SOUTER JEFF BEATON 32’ MOTOR SAILERCRU EMERITUS 2 NICHOLAS RYAN MOTOR CRUISERCRU 9023 EOS JON MEYER MOTOR CRUISERCRU ESSEX MICHAEL CALDWELL CRESTA SEDAN CRUISERCRU FORESIGHT MICHAEL SPIES RUNABOUTCRU GALVESTON DAVID HEALY CARIBBEAN 35CRU GORDON MARSHALL CYCA STEBER 36CRU JOLLY ROGER MATTHEW DE TORRES VIKING 30CRU 18 KAI LAG MAURICE DRENT LUGGERCRU KOKODA RUSSELL MCCART OFFSHORE 62CRU LADY JOY JAMES & JOY MCLAREN MOTOR CRUISERCRU LIBERTY GEOFF LAVIS BENETEAU SWIFT TRAWLER 42CRU MARCUS B KAY COTTEE RIVER BOATCRU MOOCHALONG MATTHEW ALLEN PALM BEACH 65CRU OFFSHORE CYCA STEBER 36 FLYBRIDGECRU OLLIE NICK KINGSMILL MOTOR LAUNCHCRU ONE CROWDED HOUR JOHN HARRIS PALM BEACH 36CRU PARADISE SIR WILLIAM TYREE RIVIERA 56FBCRU POMPIE TONY HENDERSON TIMBER CRUISERCRU PRIMA MICHAEL SPIES ANDREA HOLT PRIMA 54CRU QE3 MR K J STEVENS MOTOR CRUISERCRU RESTORATION RUSSELL MCCART RIVIERA 40CRU SEA MIST DAVID SHMITH MOTOR CRUISERCRU SILVER MIST STAN RODGERS TSMVCRU STREETER STEPHEN SMART PEARL LUGGERCRU STRUTH JAIME MCINTYRE GREEN 42CRU TANTIVY GRAHAM SWAN MOTOR CRUISERCRU THE “A” TRAIN ROSS MACDONALD MOTOR LAUNCHCRU WYLLAWAY JOHN HARRIS PILOT HOUSE MOTOR CRUISER


Cruising Yacht Club of Australia (A company limited by guarantee)

ABN 28 000 116 4231 New Beach Road,

Darling Point, NSW 2027www.cyca.com.au

The CYCA would like to thank our sponsors for

coming on board for the 2016-2017 Race Series.

CRUISING YACHT CLUB OF AUSTRALIA’S PRINCIPAL SPONSOR

CRUISING YACHT CLUB OF AUSTRALIA’S OFFICIAL SPONSORS

YOUTH SAILING ACADEMY SPONSORS

2016//2017 - cyca

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