RAAus 2022-23 Annual Report

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ANNUAL REPORT 2022–2023


Image by Jason Savill 2 image by David Sickerdick Cover


Heading

CONTENTS Chair Report .......................... 4 Governance ...........................5 CEO Report ...........................7 Flight Operations .................. 9 Airworthiness and Maintenance .......................10 Safety ..................................11 Training Development ........12 News ...................................13 Pilot Certificates .................15 Statistics .............................19 Financial Statements .........23 3


Chair Report non-interest bearing cash holdings to more fruitful investments that will earn a return for members. On the surface it appears that our cash position has declined by the same amount, however, closer examination of the full set of accounts reveals a more robust financial story. We have also had long serving staff leave the organisation which has resulted in payouts of significant employee entitlements, a statutory obligation that exists at law and one that cannot be avoided. In the face of these changes and the broader economy wide conditions, we still achieved a modest financial deficit for the year.

The financial year has been an odd one and one that has presented us with some significant organisational challenges. Perhaps the most significant of these has been the economic circumstances we have faced in the previous twelve months. With inflation running at highs we have not seen in many decades, residual conditions from a global pandemic and global political instability, the economic landscape is one that has not been faced for generations. For an organisation, this has seen us face increasing cost pressures, declining patronage for schools and reducing discretionary spending across the economy. RAAus remains stable in the face of these issues, however, we are not immune. Our offerings continue to face cost pressures like most other aspects of consumer spending and internally, our staff face similar tests in terms of cost-of-living increases. Despite this, the frugal management of finances from the team has seen a sound financial performance for the year. The team has diversified our investments to include a shift of some $1.4m away from

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The board has monitored this position and will continue to track progress on investments as well as against our strategic plan which sets out to further diversify income streams. The plans put in place in the financial year just passed will see more expenditure on strategic items to achieve positive long-term outcomes for the coming 5 to 10 years. It has perhaps never been more important than now to make structural changes to our organisation to ensure it remains viable for the longer term.

“At an operational level we have continued to work towards progress on new privileges for members.” The long-standing pursuit of weight increases remains and access to controlled airspace is also being sought at the same time. While we remain at the mercy of CASA for these items, it is important to note that the team is capable of delivering results in an environment that moves incredibly slowly and can also be quite trying at times. It is a reminder that one of the key benefits that RAAus offers members is the insulation from the challenges of working with CASA while acting on member requests in a timely manner.


In terms of flying activities we have continued our approach of education rather than regulation and remain proud of our record in this area. With only a few standout instances that can be counted on one hand, we have not had to discipline members, revoke or suspend privileges or ground aircraft. CASA is content with our actions which puts us in a position starkly different to what we were in a decade or so ago when our ability to register aircraft was revoked entirely.

We turned 40 years old this year and the plans, team and members that we have today put us in a place that is well regarded across the industry and sets us up well to serve members interests for another four decades.

This record stands as a great recognition of our management team, led by a capable CEO, who have collectively acted to advance our cause.

Michael Monck Chairman

I am proud to present this annual report as a record of our performance during 2022–23 and look forward to RAAus leading the way in general aviation advocacy and services for another year ahead.

Governance Member Communique 26 July 2022 RAAus has recently run its election process for board appointments which commence in November 2022. All in all, we had three vacancies and three nominees (see following for more detail). Having run the process, Eugene Reid and Barry Windle have chosen to stand aside and make way for new directors to join the board. This means we will have Mark Ferraretto and Paul Reddish join us this year to help shape to future of our organisation. Mark has significant experience in IT and law which will help guide us through a range of challenges in coming years. Paul brings with him huge amounts of aviation experience having flown for airlines and now running a very successful RAAus school in Queensland. Both Mark and Paul will be welcome additions to our board and we look forward to them joining our ranks. Trevor Bange renominated and will stay on the board for another three years and we equally welcome his return.

Eugene and Barry have both contributed to the organisation in a dedicated and much appreciated way. Both Directors have been with RAAus through the transition from an incorporated association to a company limited by guarantee, assisted with the transition to an approved Part 149 organisation and weighed in on topics ranging from governance through to operational matters. Eugene has been with RAAus for around 30 years and his dedication to our cause has been valued over the years. On behalf of the board, our management team and our members as a whole, I would like to thank Eugene and Barry for their time, input and professionalism on the board. Michael Monck Chair

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Governance (continued) 2022 Board Election All Members are formally advised of the following in relation to the 2022 Board Election: In accordance with RAAus constitution s36, three Board Directors must retire at the 2022 Annual General Meeting. The Board Director nominations for three Board Director vacancies opened to financial members on 8 June 2022 and closed at 5pm (AEST) on 6 July 2022. The Returning Officer received three nominations by the closing time, all of which were valid and accepted by the Returning Officer.

The 2022 Board Election is therefore declared uncontested and the three nominees are to be elected unopposed to the RAAus Board as Directors effective from the end of the 2022 Annual General Meeting for a term of three years. The three Board Director elects are: • Trevor Bange • Mark Ferraretto • Paul Reddish Matt Bouttell Returning Officer 2022 Chief Executive Officer

No other nominations were received prior to RECREATIONAL AVIATION AUSTRALIA LIMITED or after the nomination period. ABN: 40 070 931 645

DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2023 Meetings of directors The following table sets out the number of meetings of the directors attended by each director. Board Meetings Michael Monck Luke Bayly Trevor Bange

2 Aug 2022 9

27 Aug 2022 9

4 Oct 2022 9

27 Oct 2022 9

25 Nov 2022 9

17 Feb 2023 9

12 May 2023 9

Total Meetings 7

9

9

9

9

9

9

9

7

9

9

9

9

6

9

Eugene Reid

9 9

Barry Windle

9

Andrew Scheiffers

9

9

9

2

9

3

9

9

9

4

9

9

9

9

9

9

7

Mark Ferraretto

9

9

9

9

9

9

6

Paul Reddish

9

9

9

9

9

Simon Ozanne

9

Committee Meetings Barry Windle (ceased from the RAFC Nov 2022) Simon Ozanne Luke Bayly (ceased from the RAFC Oct 2022) Mark Ferraretto

3 Feb 2022

17 Oct 2022

9

9 9

9

9 Feb 2023

5 20 Apr 2023

Total Meetings 2

9

9

3 2

9 9

9

2

Contributions on winding up In the event of the Company being wound up, ordinary members are required to contribute a maximum of $1 6 each. Honorary members are not required to contribute. The total amount that members of the company are liable to contribute if the company is wound up is $11,476


CEO Report people engaged in aviation and are the largest administrator of pilots and aircraft outside of the CASA system.

It’s a great pleasure to present the Recreational Aviation Australia Limited (RAAus) Annual Report for FY2022–23. RAAus has delivered a pleasing financial result even though we continue to experience some challenging conditions within the broader economy. The financial statements declare a deficit for the year of -$52,238, which was a better result than planned for within the Board approved budget. Our underlying result, excluding depreciation and amortisation and the building valuations, was positive at $72,590, meaning our cash position is also better than expected. The main reasons for this are that some expense items did not increase at the rate which was planned. Furthermore, management took steps to reduce spending somewhat throughout the year when membership targets were not met. The number of financial members (flying members, non-flying members, and junior members) at the start of the financial year was 9082, with a peak of 9207 on 31 December 2022. We ended the year at 9140 financial members. With an average of more than 1,000 temporary members at any one time and more than 200 affiliate members, we continue to administer more than 10,000

We are very aware that we need to sustain an organisation that allows our members to participate in aviation activities. We’re also aware that we don’t want to be a cost burden on our members. It’s for this reason that the RAAus Board has directed me to deliver on their 2023-2025 Strategic Plan which aims to strengthen our business whilst reducing our reliance on member fees. The Strategic Initiatives we are rolling out over the next three years aim to increase revenue from other sources and to work on diversifying the business. This will offset increases to the cost of operating our organisation so that we can minimise the amount on to members through the charging of fees. Over the past few years, with interest rates at record lows, we have seen low returns on our cash savings. This prompted the Board to seek alternatives to this very conservative approach and to professionally invest these cash reserves. Whilst being managed within relatively low risk investments, we are already seeing an improvement in returns, thus assisting with the diversification of our revenue. This year we also undertook a renovation of our offices in Fyshwick, ACT. This refresh was not only necessary due to it having not had a make-over in almost 20 years, but there were a range of compliance issues that needed addressing too. It was therefore pleasing that these renovations were more than reflected in a revaluation of the building and that it enhanced the value of this important asset. In August 2022 we submitted our application to CASA to enable members to operate aircraft with a maximum take-off weight between 601kgs and 760 kgs. Within the regulations these aircraft are known as Light Weight Aeroplanes (LWA) although RAAus will refer them as Group G, keeping in line with our existing lexicon. Our submission

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CEO Report (continued) also included new versions of both the flight operations and technical manuals and consisted of more than 60 individual documents. Over the ensuing months after submission, it became evident that due to the complexity of the CASA regulatory suite and the way in which non-CASA aircraft and pilots are managed within, CASA sought RAAus to make a range of amendments to the submission. Whilst we did do this, there were also regulatory hurdles identified that needed to be overcome to ensure our members had an easy and accessible pathway to both, operating Group G aircraft and registering Group G aircraft. At the end of the financial year we were encouraged by the progress in the approval of the submission, with implementation now slated for early-2024. In order to not only comply with aviation regulations, but to make genuine safety improvements, FY2022–23 saw a large ramp up in our aviation audit program. For the most part, this has been embraced by the flight training schools we administer, and resulted in the ability for RAAus staff to educate members when non-compliances were observed instead of taking enforcement action. Be it the case, there were a small number of occasions where it was necessary to take short-term action to mitigate risk through the imposing of a safety related suspension, however we worked closely with each recipient to address our concerns so operations could restart promptly. Unfortunately, this financial year saw RAAus undertake three formal inquiries into the actions of three members resulting in either removal, suspension or varying of their authorisations. RAAus only instigates formal inquiries when a matter is alleged to be very serious, wilful and/or repeated behaviour. We do this as we believe that a significant risk may be evident that necessitates enforcement action, should the allegations be founded. There are very specific processes that RAAus needs to follow in accordance

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with our own Occurrence and Complaint Handling Manual (OCHM) to be compliant with the laws set out in CASR Part 149. Furthermore, a range of protections also exist for the member to ensure procedural fairness is applied, along with review and appeal processes through the CEO, CASA and the Administrative Appeals Tribunal (AAT). These formal inquiries are conducted by management but oversighted by the Board and CASA. In April 2023 we were subject to a planned audit by CASA to review the implementation of CASR Part 149. I’m pleased to advise that CASA made comment that they were ‘quietly impressed’ with the progress RAAus had made since implementation, although we did receive four safety findings. As these were relatively minor in nature, RAAus was able to resolve these without too much difficulty and with nil effect on our operating certificate.

“In summing up, RAAus continues to be a member focused organisation with the intent to deliver on the objectives of our company which are, in short, to advance aviation in Australia and to encourage training in the art and science of aviation.” With 20 staff (either full and part time), our people are engaged and enthused about enabling our members to participate in a range of aviation activities. Our Vision: We inspire and connect people through aviation, is at the fore of all that we do. It’s a privilege to work with such a terrific team and I’d like to pass on my thanks to them. Matt Bouttell Chief Executive Officer


Flight Operations Jill Bailey, Head of Flight Operations

The Flight Ops team are being kept busy working on implementation of the MTOW increase to 760kg, with edits to external manuals like the Flight Operations Manual version 8 (which has been approved by CASA) and the related internal processing manuals, changes to forms, development of the implementation plan, education information (internal for staff and external for members), changes to our database and more.

As a result, the milestone exams have been structured to include questions on a range of topics, which were previously examined separately, such as radio, air legislation, human factors, basic aeronautical knowledge, navigation, and meteorology.

Extensive revisions and updates were conducted on the RAAus Syllabus of Flight Training, which included the creation of a new specific Instructor rating Syllabus of Flight Training. During this process the entire exam suite was also revised, with updates made to questions due to legislative or procedural changes and corrections to previously identified errors. Once complete, the exam suite is intended to be accessed and completed via an online Moodle process. The exam suite has been restructured for completion in alignment with practical training milestones including the first solo, the first area solo, the recommendation for Recreational Pilot Certificate (whether the candidate is ab-initio training or conversion), passenger carriage, navigation and meteorology, Instructor initial issue, etc.

The number of Flight Training Schools has fluctuated considerably during the year, with some CFIs enjoying well deserved retirements after many years of dedicated delivery of flight training. We are constantly working with existing CFIs on succession planning to support those enthusiastic and dedicated younger women and men who are interested in progressing their careers in aviation, however the recent airline industry recruitment drive for new pilots has decimated the pool of our newest instructors.

During the past year we have issued three DCFI and twelve CFI approvals, one PE approval and six IT or IT(T) Approvals.

We attended several events intended to promote aviation as a career in NSW, Queensland, and Victoria. These events are focusing on improving the gender imbalance in aviation currently indicating only around 5% female participation, although this rate is closer to 12% in our Junior Members.

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Airworthiness and Maintenance Jared Smith, Head of Airworthiness and Maintenance

This year has marked a gradual return to normalcy after the global pandemic for aircraft owners and the Airworthiness and Maintenance team alike. The team has worked hard to process thousands of enquiries, applications and requests. In a testament to the enduring spirit of recreational aviation, we welcomed 92 new aircraft to the RAAus register which included 37 amateur-built, 44 LSA and 11 type accepted aircraft, 4 of which were powered parachutes. In addition, 100 new aircraft ownermaintainers completed their L1 assessments and a total of 118 Level 2 maintainers were authorised or renewed in the year. These individuals, with a passion for aviation and a commitment to safety, now join the ranks of those empowered to maintain aircraft.

Staff from the Airworthiness and Maintenance team also participated in the RAAus audit schedule, review of accidents and incidents, and enjoyed the buzz and camaraderie of various fly-ins and airshows. We continued to pursue some major multiyear projects to ensure that RAAus members have greater privileges and options. Project highlights over the year included: •

A major focus on developing the process to register Lightweight Aeroplanes (Group G). This major initiative included updating the current Technical Manual, creating RAAus’ first Certificate of Airworthiness procedure manual including new forms, and making related updates to the database.

After lobbying from RAAus, the Civil Aviation Order 95.55 was also updated during the year to permit pilot certificate holders to carry out Schedule 8 Pilot Maintenance on Light Weight Aeroplanes. This represents a significant new benefit for members as prior to this amendment, Schedule 8 maintenance was only permitted by pilot licence holders.

RAAus issued numerous new Modification and Repair Approvals (MARAP) including the Engine Condition Monitoring Program (ECMP), which permits eligible type-accepted aircraft to operate an engine on-condition for a period of 12-months or 100 hours (whichever occurs first with a renewal available). The MARAP process continues to assist aircraft owners keep their aircraft flying safely and compliantly.

Moving forward, the RAAus Airworthiness and Maintenance team remains focused on innovation, safety, and community. I extend our heartfelt thanks to the entire RAAus community for their collaboration, resilience, and commitment to recreational aviation.

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Safety Cody Calder, Head of Safety

Throughout the 2022–23 financial year the RAAus Safety Team continued to strengthen organisational processes and procedures with a strong focus on risk management, change management, and compliance assurance functions. RAAus Audit Coordinator, Chris Windle, has played a valuable role in the review, improvement, and standardisation of RAAus’ Flight Training School Audit and Assurance program, with the successful completion of more than 30 on-site audits across the country. This essential function has enabled improved visibility of common non-compliance matters which have been identified and resolved collaboratively with our Flight Training Schools, improving safety outcomes. Following the approval of RAAus’ Change Management Manual and Risk Management Manual in April 2022, RAAus was the first ASAO to receive an unconditional CASR Part 149 certificate. Throughout the 2022–23 financial year our team have continued to embed these processes into our business operations which have been vital in the preparation and submission of manuals to CASA for our MTOW application for 760kg. These processes allow RAAus increased flexibility to implement changes in accordance with CASR Part 149 requirements, whilst ensuring robust processes to ensure safety is appropriately managed. In the first half of 2022, RAAus recorded 6 fatal accidents following a period of no fatal accidents since September 2020. No fatal accidents were recorded within the first half of 2023. In November 2022, the RAAus Board resolved that RAAus’ default position moving forward would be to not deploy RAAus staff/investigators to future fatal accidents to ensure we protect our people and the organisation. RAAus continues to lobby for increased funding to be made available for the ATSB to enable increased resourcing for the investigation of RAAus and other sporting and general aviation accidents by

the ATSB. RAAus is strongly of the view that an independent understanding of the circumstances involved in fatal accidents is essential and that the ATSB is best placed to do this. RAAus remains committed to supporting police, local authorities, and Coroners wherever we can. RAAus has continued to roll out a number of safety promotions across the 2022–23 financial year. Of highlight was the release of RAAus’ 3-part Loss of Control video series which was made possible by the efforts of Head of Training Development, Neil Schaefer. This 3-part video series forms part of a concerted effort to reduce fatal loss of control accidents which have been overrepresented in accident statistics worldwide. RAAus also ran our annual National Safety Month offering important educational content as well as over $10,000 in prizes for member participation. RAAus continues our safety promotion and education through regular member communications, SportPilot Magazine articles, and production of other safety resources, including a suite of safety posters which were distributed to all RAAus Flight Training Schools across Australia.

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Training Development Neil Schaefer, Head of Training Development 2022–23 has been a busy year for this new portfolio which is focused on the important development of training resources that underpin many of the operational and technical aspects of RAAus functions. In line with our top-down standardisation strategy the RAAus Flight Examiner Course was successfully rolled out for our approval holders and represents a continual refocus towards online learning and assessment platforms via the RAAus Learning Management System. On the back of this, the complete RAAus Syllabus of Flight Training has undergone a significant review with a fresh focus on basic control skill sets, scenario-based competency outcomes and better and simplified definitions of competency, specifically at key milestones of solo and certificate issue. Group B and D syllabi have been redesigned to reflect the unique competencies in these aircraft and the new Group G syllabus additions have also been prepared as part of the suite of requirements for this exciting new privilege in operations. Finally, the Advanced Pilot Award has been completely redesigned into an Upset Prevention and Recovery Training (UPRT) syllabus, consistent with industry recognition of this important additional training and safety initiative. This project has now been handed to RAAus Flight Operations for implementation consistent with our change management procedures. Another key area of training development has been completed in RAAus Instructor training and competency standards. A new Instructor specific and competency-based syllabus has been created focusing on the key skill sets required for RAAus Flight Instructors, from administrative and operational knowledge through to presentation skills both on the ground and in the air and includes relevant human factor and safety competencies throughout. Previously this had been simply a higher-level competency interpretation based on the Recreational Pilot Certificate and did not identify specific measurable and assessable competencies that are essential for all instructors. This project has also now been

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progressed for integration into Operational requirements and procedures with the Flight Operations group and will now provide an appropriate connection to the Flight Instructor Reference Manual which is now tabled for a review in the imminent future. All of the above training projects have been developed and reviewed with a robust consultation process and industry involvement to ensure correct industry fit in training delivery. Technical training has also been under development with investigation into accessing acceptable platforms for practical competency in maintenance activities and this project looks to some exciting partnerships and accessibility to practical training options and assessment of technical skills to support the current Level 1 online maintenance knowledge assessment online. Finally, to support the above developments, a complete review and redevelopment of the exam suite is well progressed, with a scope to have these all deliverable by our Learning Management platform online and will include different assessment milestones and better referencing to assist in both study and knowledge assessment of our members. The modernisation of the exam platform is also consistent with industry standards and allows much greater management and flexibility in RAAus knowledge assessment requirements. Externally, the training portfolio has also been actively engaged in developing and delivering training and safety presentations including the RAAus Loss of Control series, avoiding collisions in uncontrolled environments and effective radio use. Our Loss of Control series is now also supported by CASA on their Pilot Safety Hub. Work is also continuing with industry working groups on scoping, shaping, and implementing effective upset prevention training to ensure pilots ingrain the appropriate skills and behaviours from the ground up.


LOSS OF

CONTROL

3-PART SERIES

Australian Aviation Awards 2022 In 2022, the inaugural Australian Aviation Awards were established by Australian Aviation and their Principal Partner, UNSW Sydney, to recognise outstanding professionals and businesses from across the Australian aviation industry. RAAus was thrilled when a number of our members were nominated. •

Adrianne Fleming OAM, Tristar Aviation and RAAus Senior Instructor – Female Aviation Leader of the Year GoFly Online – Start up of the Year and Flight Training Business of the Year Strike Aviation Training – Flight Training Business of the Year.

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Australian International Airshow Matt Bouttell, CEO

Having attended many of these airshows in various capacities since 1992, I can say without doubt that the Australian International Airshow 2023 was by far the most well attended by both the industry and the public, and a credit to the organisers. I’d like to thank those members that flew into Avalon and kept their aircraft on display for the duration. The diversity in our fleet was the big thing that stood out to me and brought out lots of comments from the public. Feedback from some of our pilots suggested that ATC, as usual, were very professional and helpful, as were the volunteer marshallers that guided the aircraft safely into the parking areas. Whilst there was a bit of dust to contend with, hopefully a last-minute rain shower that occurred on the Sunday afternoon before the mass departure of aircraft occurred, washed off the bulk of it. We each spoke to hundreds (if not thousands!) of people wanting to know how to get involved in recreational aviation. It’s fair to say that there remains a significant appetite for Australians to take to the sky and it was a real thrill to talk them through how RAAus can help this become a reality.

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In our marquee were representatives from Flight Youth Engineering as well as Touch the Sky, each of whom align to our organisational strategy and values to improve our diversity through educating school students as they embark on aircraft building projects and promoting women in aviation. At the airshow we launched a new range of merchandise which was welcomed by both members and the public alike, with RAAus having sold more at this year’s event than ever before! As highlighted within our 2023–2025 Strategic Plan, it’s these kinds of initiatives and diversification of our products and services that flow through to keep membership fees as low as possible. There is certainly more to come in this space. I’d like to thank the team at RAAus for their hard work and dedication throughout the week of the event. These types of events are not a holiday and involve a lot of hard work and long hours, so thank you. I’m immensely proud of our team for inspiring and connecting people through aviation and I can’t wait to do it again at Avalon 2025!


Pilot Certificates D

Crook

1/07/2022

JF

Kok

27/07/2022

JM

James

16/08/2022

M

Isbel

12/09/2022

P

Swingler

2/07/2022

M

Leaney

27/07/2022

K

Mason

16/08/2022

MJ

Horton

12/09/2022

T

Mol

2/07/2022

PSJ

Jewell

28/07/2022

TO

Grace

16/08/2022

L

Ryan

13/09/2022

AJW Costigan

3/07/2022

A

Binazir

30/07/2022

A

Raine

17/08/2022

AS

Ashidiq Peck 14/09/2022

K

Johari

3/07/2022

GGC

Chambon

30/07/2022

TT

Mccarten

17/08/2022

A

Bin Azmi

14/09/2022

R

McAuliffe

3/07/2022

NG

Evans

30/07/2022

LR

Fowkes

18/08/2022

BJ

Stephens

14/09/2022

JJ

Lindsay

4/07/2022

NJ

Leywood

30/07/2022

RM

Breskal

18/08/2022

CR

Doak

14/09/2022

JK

Pearson

6/07/2022

W

Alves Bezerra 30/07/2022

H

Dietrich

19/08/2022

LK

Dodd

14/09/2022

J

Hughes

7/07/2022

A

Edwards

31/07/2022

S

Sablon

19/08/2022

AW

Peckitt

16/09/2022

JC

Sawyer

7/07/2022

MA

James

31/07/2022

T

Haines

19/08/2022

PR

Amos

16/09/2022

DW

Gould

8/07/2022

PR

Barnard

31/07/2022

PA

Castillo Triana 20/08/2022

M

Christie

17/09/2022

TP

Pascoe

8/07/2022

WA

Cuthbert

31/07/2022

A

Palmer

21/08/2022

WA

Bebonis

17/09/2022

R

Wilkins

9/07/2022

JC

Monet

1/08/2022

KD

Hey

21/08/2022

ID

Currill

18/09/2022

AJ

Weir

10/07/2022

SMF Moloney

1/08/2022

I

Mitropoulos

22/08/2022

PE

Goodhew

18/09/2022

TJ

Saunders

10/07/2022

J

Poulson

2/08/2022

JK

Elliott

22/08/2022

R

Wunsch

18/09/2022

G

Watson

11/07/2022

L

Traynor

2/08/2022

DR

French

23/08/2022

S

Genoli

18/09/2022

SG

Brown

11/07/2022

N

Mijic

2/08/2022

RH

Blomstedt

23/08/2022

D

Lovis-Hotchin 19/09/2022

X

Korolis

11/07/2022

TJ

Gordon

2/08/2022

DT

Baddams

24/08/2022

DL

O'Donnell

19/09/2022

A

Holden

12/07/2022

K

Macdonald

3/08/2022

JR

Grealy

24/08/2022

GL

Swilks

19/09/2022

GV

Pasterfield

12/07/2022

RSJ

Wiltshire

3/08/2022

HS

Pienaar

25/08/2022

C

Hicks

20/09/2022

D

Langford

14/07/2022

RSJ

Bernard

3/08/2022

MJ

Thibault

25/08/2022

D

Lampard

20/09/2022

J

Redmond

14/07/2022

C

Gill

4/08/2022

D

Nash

26/08/2022

G

Smith

20/09/2022

M

Pitcher

14/07/2022

M

Exton

4/08/2022

RD

Cartlidge

26/08/2022

JAD

Wilson

20/09/2022

PJ

Pieterse

14/07/2022

P

Moore

4/08/2022

RJ

Truscott

26/08/2022

L

Smith

20/09/2022

X

Cooper

14/07/2022

AB

Campbell

5/08/2022

H

Baker

27/08/2022

M

Butcher

20/09/2022

CM

Windle

15/07/2022

HA

Fordyce

5/08/2022

JJA

Bester

27/08/2022

S

Chen

20/09/2022

DJ

Morris

15/07/2022

RA

Bawden

5/08/2022

M

Wilkinson

27/08/2022

CM

Simmons

21/09/2022

NR

Job

15/07/2022

BR

Whitaker

6/08/2022

M

Tortorella

27/08/2022

J

Ledwell

21/09/2022

J

Schneider

18/07/2022

L

Ross

6/08/2022

A

Ilyina

28/08/2022

JYR

Teh

21/09/2022

NA

Evans

18/07/2022

MAHA Alhawaj

6/08/2022

C

Lunau

28/08/2022

L

Weigel

21/09/2022

J

Walters

19/07/2022

M

Hill

6/08/2022

N

Small

28/08/2022

PN

Kemp

21/09/2022

L

Craig

19/07/2022

AA

Johnson

8/08/2022

DG

Jensen

29/08/2022

SE

Hyde

21/09/2022

MO

Sakac

19/07/2022

JK

Redgate

8/08/2022

CA

Byron

30/08/2022

C

Everson

22/09/2022

AP

Burfield

20/07/2022

MJ

Grady

8/08/2022

J

Cropp

30/08/2022

SH

Mcvey

23/09/2022

OH

Lloyd

20/07/2022

J

Jones

9/08/2022

P

Cook

30/08/2022

W

O'leary

23/09/2022

TP

Fitzgerald

22/07/2022

PR

Martin

9/08/2022

CP

Reeves

1/09/2022

P

Gallaway

24/09/2022

C

Johns

23/07/2022

B

Conway

10/08/2022

LT

Hanner

1/09/2022

CJ

Dorante

25/09/2022

JLB

Powell

23/07/2022

S

Byron

10/08/2022

B

Li

2/09/2022

D

Hobbs

25/09/2022

AJ

Goulding

24/07/2022

ACD

Creaney

11/08/2022

CJ

Byrne-Quinn 2/09/2022

RR

Godinho Chagas 25/09/2022

M

Hahl

24/07/2022

J

Long

11/08/2022

JKT

Too

2/09/2022

T

Bregnsdal

25/09/2022

SR

Ypinazar

24/07/2022

MRA

Guevarra-Adams 11/08/2022

Z

George

2/09/2022

D

Jenkinson

26/09/2022

CL

Janke

25/07/2022

D

Purcell

12/08/2022

MJ

O'Dea

3/09/2022

G

Edwards

26/09/2022

E

De Andres

25/07/2022

MP

Rainbird

12/08/2022

RB

Valkenburg

6/09/2022

J

Shaddick

26/09/2022

KJ

O'Callaghan 25/07/2022

MN

Ika Zahri

12/08/2022

AO

Dalrymple

7/09/2022

RM

Yarrow

26/09/2022

T

Jamieson

25/07/2022

SS

Magesh

12/08/2022

CB

Ritchie

7/09/2022

AP

Pigneguy

27/09/2022

W

Todd

25/07/2022

C

Dimon

13/08/2022

R

Vella

7/09/2022

I

Skinner

29/09/2022

AB

Gouws

26/07/2022

LP

O'Donohue

14/08/2022

DRJ

Borg

8/09/2022

JK

Carson

29/09/2022

CJ

Niederberger 26/07/2022

OW

Leo

14/08/2022

JM

Ploeg

8/09/2022

RL

Klye

29/09/2022

DJ

Maguire

27/07/2022

Y

Gu

15/08/2022

JS

Malan

10/09/2022

S

Fabig

29/09/2022

EG

Javier

27/07/2022

BW

Tejada

16/08/2022

RK

Osbourne

11/09/2022

AJ

Kerans

30/09/2022

15


M

Boughen

30/09/2022

SS

Mitchell

23/10/2022

D

Elwin

15/11/2022

C

Weir

8/12/2022

WJ

Hamilton

30/09/2022

F

Albissi

24/10/2022

J

Kirkman

15/11/2022

S

Palmer

8/12/2022

DL

Smith

1/10/2022

J

Milne

24/10/2022

P

Drury

15/11/2022

J

Champion

9/12/2022

HK

Watts

1/10/2022

JLM

Savage

25/10/2022

M

Gray

17/11/2022

L

Merton

9/12/2022

BC

Kucks

2/10/2022

TE

Murray

25/10/2022

B

Buckle

18/11/2022

E

Finch

10/12/2022

DP

Ashby

2/10/2022

M

Godfrey-Cargill

26/10/2022

JL

Fitzgerald McCoy 18/11/2022

L

Gooch

10/12/2022

FY

Kwan

2/10/2022

T

Murnane

26/10/2022

JR

Innes

18/11/2022

R

Pulvirenti

10/12/2022

KG

Murphy

2/10/2022

G

Duck

27/10/2022

M

Sansom

18/11/2022

TG

McGrath

10/12/2022

R

Iqram

2/10/2022

S

Seccombe

28/10/2022

R

Sivaneson

18/11/2022

D

Hogan

11/12/2022

RI

Cameron

2/10/2022

SM

Gooch

28/10/2022

S

Mcmahon

18/11/2022

AP

Griffin

12/12/2022

SG

Serfly

2/10/2022

BA

Rumpf

29/10/2022

LK

Tincknell

19/11/2022

AS

Torrisi

13/12/2022

TR

Pradosh

2/10/2022

JC

Prager

29/10/2022

J

Sinclair

21/11/2022

D

Ford

13/12/2022

K

Lim

3/10/2022

TR

Trent

29/10/2022

S

Bennett

21/11/2022

NM

Grivec

13/12/2022

M

Borg

3/10/2022

RC

Watts

31/10/2022

TB

Garven

21/11/2022

C

Kerr

14/12/2022

A

Hammond

4/10/2022

J

Johanson

1/11/2022

S

Yao

22/11/2022

M

Smith

14/12/2022

MP

Chapman

4/10/2022

M

Graban

2/11/2022

GJ

Fitzgerald

24/11/2022

WS

Seow

14/12/2022

DK

Butt

5/10/2022

DL

Campbell

3/11/2022

O

Steshenko

24/11/2022

AK

Van Luyn

15/12/2022

P

Slijderink

5/10/2022

GM

Dawson

3/11/2022

L

Watt

25/11/2022

B

Golding

15/12/2022

BE

Paddon

6/10/2022

JM

Howe

3/11/2022

NF

Riazati

25/11/2022

TS

McFarlane

15/12/2022

H

Mcwhirter

6/10/2022

PA

Muhlberg

3/11/2022

T

Cavalcante

26/11/2022

C

Garnett

16/12/2022

L

Koppen

6/10/2022

SM

Pulbrook

3/11/2022

AA

Gullo

27/11/2022

A

Deson

17/12/2022

M

Blackman

6/10/2022

C

Schmidt

4/11/2022

AS

Renshaw

27/11/2022

J

Ward

17/12/2022

A

Buckley

7/10/2022

JT

Scanlon

4/11/2022

SJ

Harrigan

27/11/2022

KA

Henkel

17/12/2022

BM

Mumford

7/10/2022

O

Plowman

4/11/2022

K

O'Leary

28/11/2022

RJ

Garment

17/12/2022

MJ

Mudge

7/10/2022

W

Huizink

4/11/2022

L

O'Leary

28/11/2022

A

Archer

18/12/2022

WS

Bhatti

8/10/2022

YAF

Alenazi

4/11/2022

D

Biggar

29/11/2022

AM

Hunter

18/12/2022

B

Marris

9/10/2022

A

Clemeur

5/11/2022

PM

Ritchie

29/11/2022

DA

Dickson

18/12/2022

DG

Price

9/10/2022

KH

Zhang

5/11/2022

R

Sa'at

29/11/2022

J

Steer

18/12/2022

GC

Edwards

9/10/2022

A

Sickinger

6/11/2022

B

Landry

30/11/2022

PA

Miller

18/12/2022

V

Jones

9/10/2022

J

Kemp

6/11/2022

GA

Nordick

30/11/2022

SA

Rettke

18/12/2022

AIK

Glasson

11/10/2022

PC

Breidenbach 6/11/2022

J

Pastuszka

30/11/2022

C

Patel

19/12/2022

G

Williams

11/10/2022

SG

Trone

6/11/2022

N

Hollams

30/11/2022

DM

Mackenzie

19/12/2022

J

Mcintosh

11/10/2022

S

Rachakonda 6/11/2022

J

Stacey

1/12/2022

W

Johnson

19/12/2022

JP

Carmichael

11/10/2022

BCB

Stockdale

9/11/2022

A

Miller

2/12/2022

AJ

Muirhead

20/12/2022

M

Pring

11/10/2022

CM

Smith

9/11/2022

PJ

Candy

2/12/2022

M

Karibalis

20/12/2022

CP

Hoolahan

12/10/2022

KV

Mathieson

9/11/2022

A

Nowecki

3/12/2022

P

Phegan

20/12/2022

CD

Garing

13/10/2022

K

Kodali

9/11/2022

A

Ford

3/12/2022

R

Bodat

20/12/2022

D

Bloomfield

13/10/2022

S

De Lorenzo

9/11/2022

AAA

Pulbrook

3/12/2022

S

Thompson

20/12/2022

K

Pucher

13/10/2022

HS

Ho

10/11/2022

SR

Wohling

3/12/2022

D

Tomassoni

21/12/2022

D

Graves

14/10/2022

JF

Pelletier

10/11/2022

T

Napaver

3/12/2022

ER

Hunt

21/12/2022

BP

Falletti

15/10/2022

JL

Baynton

10/11/2022

B

James

4/12/2022

J

David

21/12/2022

J

Sanborn

15/10/2022

M

Devries

10/11/2022

BL

Dodd

4/12/2022

M

Westerman

21/12/2022

C

Fiorentino

17/10/2022

DA

Hirst

11/11/2022

C

Mathews

4/12/2022

MEG Hupfeld

21/12/2022

G

Thiele

17/10/2022

TL

Woolston

11/11/2022

JL

Denholm

4/12/2022

OJ

Hines

21/12/2022

J

Key

17/10/2022

A

Wilson

12/11/2022

M

Sinnett

4/12/2022

A

Bennett

22/12/2022

S

Shaw

18/10/2022

G

Richardson

12/11/2022

B

Mason

6/12/2022

GT

Mann

22/12/2022

JJ

Chapman

19/10/2022

JM

Devries

12/11/2022

JF

Kamal Doral 6/12/2022

PA

Aguilar

22/12/2022

KA

Bin Mohd Khairuddin

20/10/2022

PC

Harris

12/11/2022

L

Barratt

6/12/2022

R

Bowman

22/12/2022

MN

Khalid

21/10/2022

R

Lourens

12/11/2022

M

Day

6/12/2022

SD

Usher

22/12/2022

A

Laursen Habel 22/10/2022

TW

Want

12/11/2022

G

McCormack

7/12/2022

JA

Anwajler

23/12/2022

D

Debattista

22/10/2022

AJ

Hooper

15/11/2022

R

He

7/12/2022

K

Byrnes

23/12/2022

J

Azemothe

22/10/2022

BJ

Flynn

15/11/2022

S

Hyslop

7/12/2022

T

Coutts

23/12/2022

16


AL

Brown

24/12/2022

HL

Leslie

25/01/2023

LDJ

Gould

19/02/2023

CM

Irving

15/03/2023

MH

Mohamed Akbar

28/12/2022

M

Jensen-Muir 25/01/2023

MJ

Darke

19/02/2023

JA

Wilson

15/03/2023

JM

Bath

29/12/2022

AM

Maddocks

26/01/2023

MV

McInerney

19/02/2023

KKK

Lai

15/03/2023

PX

Tan

29/12/2022

M

Burt

26/01/2023

S

Chandra

19/02/2023

DA

Clerkin

17/03/2023

Q

Shakur

29/12/2022

B

Adamczyk

27/01/2023

ST

George

19/02/2023

EF

Cholet

17/03/2023

R

Pearson

29/12/2022

LJ

Ackers

27/01/2023

BA

Carn

20/02/2023

SJB

Ong

17/03/2023

HN

Bruce

31/12/2022

KW

Rattley

29/01/2023

DW

Berenbak

20/02/2023

AG

Allen

18/03/2023

JL

Yu

2/01/2023

L

Newman

29/01/2023

C

Rowntree

21/02/2023

T

Khan

18/03/2023

M

Nazir

3/01/2023

S

Eldridge

29/01/2023

R

Mcglade

21/02/2023

D

Oehlmann

19/03/2023

ATJ

Dalton

4/01/2023

AD

Harris

30/01/2023

Z

Newton

23/02/2023

JM

Waugh

19/03/2023

HE

Gorton

4/01/2023

JM

Gillies

30/01/2023

JW

Pedersen

24/02/2023

B

Poletto

20/03/2023

KM

Stoll

4/01/2023

R

Millwood

30/01/2023

N

Harrison

24/02/2023

J

Preece

20/03/2023

R

Maher

4/01/2023

BK

French

31/01/2023

TJ

Leahy

24/02/2023

M

Fey

20/03/2023

BJ

Allport

5/01/2023

LT

Hollis

31/01/2023

C

Mccormick

25/02/2023

P

Camm

20/03/2023

J

Harding

6/01/2023

R

Japp

31/01/2023

D

Heazlewood 25/02/2023

RG

Weil

20/03/2023

J

Guy

7/01/2023

JW

Mason

1/02/2023

RM

Bates

25/02/2023

O

Hawkins

21/03/2023

RL

Hallahan

7/01/2023

N

Kumar

3/02/2023

BJ

Parsons

26/02/2023

CW

Goulden

22/03/2023

DN

Hooper

8/01/2023

SC

Dove II

3/02/2023

M

Love

26/02/2023

A

Summers

23/03/2023

AJ

Large

10/01/2023

B

Dawson

4/02/2023

O

Kettridge

26/02/2023

A

Polidano

23/03/2023

D

Schloss

10/01/2023

DL

Leggett

4/02/2023

M

Duncan

27/02/2023

RJ

Fogarty

23/03/2023

TA

Wellins

10/01/2023

BJ

Cook

5/02/2023

PR

Anderson

27/02/2023

AR

Clydesdale

24/03/2023

AR

Brady

11/01/2023

D

Price

5/02/2023

J

Carter

28/02/2023

GM

Lawrence

24/03/2023

CL

McCarthy

13/01/2023

HL

Tay

5/02/2023

RK

Delarmente

28/02/2023

G

Carlile

24/03/2023

J

Debons

13/01/2023

J

Anderson

5/02/2023

HC

Swart

1/03/2023

TG

Gale

24/03/2023

JT

Stuart

13/01/2023

RF

Officer

5/02/2023

G

Hawkins

2/03/2023

AA

Burns

25/03/2023

P

Klug

13/01/2023

SP

Robins

5/02/2023

J

Wallis

2/03/2023

J

Barrow

25/03/2023

SJ

Herod

13/01/2023

W

Renton

5/02/2023

B

Tennant

3/03/2023

G

Breen

26/03/2023

AC

Noakes

14/01/2023

AJ

Smith

6/02/2023

E

Aathar

3/03/2023

B

Bartosik

27/03/2023

A

Ahmad

14/01/2023

ML

North

7/02/2023

F

George

3/03/2023

T

Moore

27/03/2023

L

Korodaj

14/01/2023

PJ

Tyzack

7/02/2023

H

Fraser

3/03/2023

P

Crowe

29/03/2023

PJ

Merlaud

14/01/2023

PG

Gates

7/02/2023

JHB

Lim

3/03/2023

B

Smith

30/03/2023

S

Noesgarrd

14/01/2023

M

Kornaus

8/02/2023

G

Mulraney

4/03/2023

BWR Kellam

30/03/2023

JR

Hasting

15/01/2023

R

Nayyar

8/02/2023

A

Blue

8/03/2023

L

Lintner

30/03/2023

MK

Lawrence

15/01/2023

HR

Heck

9/02/2023

T

McDowell

8/03/2023

NJ

Winning

31/03/2023

N

Fox

15/01/2023

MA

Belperio

9/02/2023

L

Lambert

9/03/2023

C

Burns

1/04/2023

PF

Holland

17/01/2023

RM

Wright

9/02/2023

M

Hoefer

9/03/2023

DA

McDowall

1/04/2023

A

Rymer

18/01/2023

M

Hutchison

10/02/2023

MA

Bin Roslan

10/03/2023

FE

Chisholm

1/04/2023

F

Clark

18/01/2023

A

Hammond

11/02/2023

MJ

Davis

10/03/2023

GP

Camm

1/04/2023

NE

McKenzie

18/01/2023

P

Rajuladevi

11/02/2023

AD

Moore-Jones 11/03/2023

PR

Findlay

1/04/2023

M

Penfold

19/01/2023

P

Scaman

11/02/2023

A

Scott

11/03/2023

RA

Burey

1/04/2023

OJM Earl

21/01/2023

DG

Mockford

12/02/2023

EEO

Unasa

11/03/2023

J

Korolis

2/04/2023

T

Hatton

22/01/2023

MA

Booysen

12/02/2023

N

Ambukovski 11/03/2023

M

Qamar

2/04/2023

LE

Ostwald

23/01/2023

RC

Johnstone

12/02/2023

RJ

Crossley

11/03/2023

PJ

Wilson

2/04/2023

S

Laharnar

23/01/2023

SJ

Britten

12/02/2023

DG

Brown

12/03/2023

RG

Findlay

2/04/2023

B

Congdon

24/01/2023

V

Kibby

13/02/2023

N

Asif

12/03/2023

S

Sankenani

2/04/2023

BJ

Casey

24/01/2023

P

Zmijan

15/02/2023

RA

Mudge

12/03/2023

S

Gilmore

2/04/2023

D

Freeman

24/01/2023

KG

Langlois

16/02/2023

BW

Masters

13/03/2023

S

Rabie

2/04/2023

G

Meleady

24/01/2023

L

Millington

18/02/2023

DJ

Storeywood

13/03/2023

HS

Arvind

3/04/2023

H

Chen

24/01/2023

M

Holding

18/02/2023

KNS

Wood

13/03/2023

JWG Tan

M

Lim

24/01/2023

P

Morgan

18/02/2023

TN

Williams

13/03/2023

K

Thanikkumaran 3/04/2023

MPJ Seow

24/01/2023

S

Long

18/02/2023

AM

Green

14/03/2023

P

De Boer

3/04/2023

N

24/01/2023

GD

Lanyon

19/02/2023

C

Perrottet

15/03/2023

R

Beer

3/04/2023

Stock

3/04/2023

17


AJ

Hocking

4/04/2023

CI

Tusnea

1/05/2023

J

McDonnell

23/05/2023

JJ

McNamara

11/06/2023

C

Endres

5/04/2023

DA

Baudry

1/05/2023

NEC

Cole

25/05/2023

M

Saedi

12/06/2023

S

Singj

5/04/2023

VL

Crooke

1/05/2023

R

Brown

25/05/2023

J

Taylor

13/06/2023

C

Holub

6/04/2023

F

Taylor

2/05/2023

A

Clarke

26/05/2023

G

Kaur

14/06/2023

LA

Stuchbree

6/04/2023

JF

Burpee

2/05/2023

B

Smith

26/05/2023

I

San Andres

14/06/2023

RF

Stuchbree

6/04/2023

PSJ

Tozer

2/05/2023

A

Milton

27/05/2023

CE

McDonald

15/06/2023

S

Packer

6/04/2023

JR

Lewin

4/05/2023

D

Birchall

27/05/2023

G

Young

15/06/2023

DSW Henry

7/04/2023

R

Whiley

4/05/2023

JS

Carter

27/05/2023

J

Zhao

15/06/2023

A

McCready

8/04/2023

MLM Maharaj

5/05/2023

PJ

Marlow

27/05/2023

V

Chandra

15/06/2023

J

Van Vugt

8/04/2023

P

Gill

5/05/2023

S

Darcy

27/05/2023

R

Saunders

16/06/2023

JRJ

Yong

8/04/2023

Z

De Castella

5/05/2023

SS

Halicki

28/05/2023

G

Vassis

17/06/2023

WW

Dowe

8/04/2023

SA

McMurtrie

6/05/2023

A

Gregory

29/05/2023

MJM

Jamieson-Curran

17/06/2023

M

Du Plessis

9/04/2023

CM

Elliott

7/05/2023

CE

Broom

29/05/2023

PF

Dale

17/06/2023

A

Adhikari

10/04/2023

J

Wilkinson

7/05/2023

MKA

Mohamed Nasir

29/05/2023

D

Muggli

18/06/2023

L

Moore

12/04/2023

D

Reed Rogers 11/05/2023

S

Samsuri

29/05/2023

MIZ

Mohamed Rozaifee 18/06/2023

R

Kennedy

12/04/2023

EA

Cooper

11/05/2023

D

Shiels

30/05/2023

R

Templer

18/06/2023

DA

Campbell

13/04/2023

K

Kiernan

11/05/2023

JD

Pownall

30/05/2023

SAH

Carter

18/06/2023

SC

Mackin

13/04/2023

S

Power

11/05/2023

RI

Langdon

30/05/2023

J

Rowe

19/06/2023

A

Coleman

14/04/2023

J

Lickiss

12/05/2023

JY

White

31/05/2023

BI

Smuts

20/06/2023

C

Hatte

14/04/2023

TJ

Adamson

12/05/2023

L

Ogden

31/05/2023

RDH Mcgavin

20/06/2023

CJ

Reddish

14/04/2023

DL

Summerville 13/05/2023

N

Williams

31/05/2023

RCK

Carson

20/06/2023

SK

Carter

14/04/2023

JJ

Mccall

13/05/2023

BK

Ansons

1/06/2023

HI

Bell

21/06/2023

JL

Stevens

15/04/2023

RG

Longmire

13/05/2023

RSJ

Burton

1/06/2023

N

Wallbridge

21/06/2023

J

Suryakarthik 15/04/2023

DE

Ilba

14/05/2023

RJ

Polanowski

1/06/2023

R

Mcgavin

21/06/2023

C

Williams

16/04/2023

LJ

Osbourne

14/05/2023

S

Booth

1/06/2023

S

Lafoi

21/06/2023

DH

Barbalet

16/04/2023

JJ

Bely

16/05/2023

W

Miles

1/06/2023

RJ

Kolb

22/06/2023

IM

Lancaster

16/04/2023

L

Bond

16/05/2023

SJ

Stoneman

2/06/2023

B

Foletta

23/06/2023

BJ

Clarke

17/04/2023

BM

Whittington

17/05/2023

AK

Summerfield 3/06/2023

BW

Lockwood

23/06/2023

A

Ahmed

18/04/2023

GP

Kiddle

17/05/2023

J

Crane

3/06/2023

D

Cooper

23/06/2023

G

Bannister

18/04/2023

KJ

Martin

17/05/2023

M

O'neill

3/06/2023

ND

Towler

23/06/2023

R

Dwyer

18/04/2023

CC

Mayne

18/05/2023

T

Wellington

3/06/2023

CYK

Chew

24/06/2023

S

Crouch

19/04/2023

D

Floyd

18/05/2023

B

Medder

5/06/2023

F

Ovchinnikoff 24/06/2023

G

McKeon

20/04/2023

GJ

Mostyn

18/05/2023

SA

Snow

6/06/2023

A

Lake

25/06/2023

A

Sukhpal

21/04/2023

G

Butlion

18/05/2023

N

Le Roux

7/06/2023

GJ

Pointing

25/06/2023

D

Fealy

21/04/2023

JHW Wheeler

18/05/2023

PV

Perera

7/06/2023

H

Grant

25/06/2023

J

Grealy

21/04/2023

MR

Ebeyer

18/05/2023

CS

Cranenburgh 8/06/2023

C

Tracz

26/06/2023

EZ

Zaidi

22/04/2023

T

Geluk

18/05/2023

C

Dunne

8/06/2023

BD

Neilson

27/06/2023

PR

Nicholls

22/04/2023

W

Imisides

18/05/2023

CE

Price

8/06/2023

J

Garraway

27/06/2023

TJ

Pryse

22/04/2023

JE

Flower

19/05/2023

PR

Gardiner

8/06/2023

P

Malla Thakuri 27/06/2023

YX

Goh

22/04/2023

P

Boothman

19/05/2023

ES

Varghese

9/06/2023

G

Warren

28/06/2023

C

Yerbury

23/04/2023

C

Anderson

20/05/2023

JS

Rousseaux

9/06/2023

GL

Sinclair

28/06/2023

DA

Baker

23/04/2023

M

Russell

20/05/2023

JNL

Manchee

9/06/2023

R

Briedis

28/06/2023

M

Turnbull

23/04/2023

SD

Hallissey

20/05/2023

LA

Hodgson

9/06/2023

A

Nel

29/06/2023

NTC

Cartwright

23/04/2023

T

Couty

20/05/2023

A

Deshmukh

10/06/2023

K

Fox

29/06/2023

C

Mortensen

25/04/2023

M

Swift

21/05/2023

A

Correa

10/06/2023

PJ

Mccluskey

29/06/2023

W

Scott

25/04/2023

PC

Smyth

21/05/2023

N

Rajguru

10/06/2023

RM

Pfister

29/06/2023

TS

Barker

26/04/2023

W

Partridge

21/05/2023

P

Heggie

10/06/2023

T

Hammant

29/06/2023

BG

French

29/04/2023

BJ

Conaghan

22/05/2023

R

Beylerian

10/06/2023

A

Syed

30/06/2023

DL

Smart

29/04/2023

G

Peel

22/05/2023

SW

Slabbert

10/06/2023

E

Lee

29/04/2023

SJ

Wallace

22/05/2023

T

Lee

10/06/2023

L

Meddawaththage 29/04/2023

G

Mills

23/05/2023

B

Atkinson

11/06/2023

S

Gaechter

IP

Smyly

23/05/2023

G

Bellini

11/06/2023

18

30/04/2023


Statistics OCCURRENCES Fatals (per quarter ending 30 June 2023) 30-Sep

31-Dec

31-Mar

30-Jun

TOTAL

2022–2023

2

2

0

0

4

2021–2022

0

0

0

2

2

2020–2021

1

0

0

0

1

2019–2020

1

3

0

1

5

2018–2019

0

1

0

1

2

ACCIDENT DATA Accidents

Incidents 30-Sep

31-Dec

31-Mar

30-Jun

30-Sep

31-Dec

31-Mar

30-Jun

2022–2023

10

11

10

14

2022–2023

24

36

41

26

2021–2022

5

23

15

11

2021–2022

29

37

29

20

2020–2021

20

16

16

18

2020–2021

28

40

35

31

2019–2020

19

17

10

13

2019–2020

36

44

27

36

2018–2019

11

11

9

17

2018–2019

38

41

45

45

19


Statistics (continued) ACCIDENT DATA (cont.) Defects

Hazards 30-Sep

31-Dec

31-Mar

30-Jun

30-Sep

31-Dec

31-Mar

30-Jun

2022–2023

13

3

4

4

2022–2023

3

2

5

0

2021–2022

2

6

7

2

2021–2022

6

7

3

2

2020–2021

5

11

4

6

2020–2021

2

2

1

6

2019–2020

4

8

13

9

2019–2020

0

0

4

2

2018–2019

2

8

3

9

2018–2019

1

2

2

1

30-Sep

31-Dec

31-Mar

30-Jun

Aircraft Damage 2022–2023

Injury to Persons 2022–2023

30-Sep

31-Dec

31-Mar

30-Jun

Destroyed

3

3

3

3

Fatal

2

2

2

0

Substantial

6

6

7

9

Serious

0

0

1

2

Minor

11

6

9

5

Minor

2

3

4

5

Nil

78

70

87

79

None

122

72

120

122

Unknown

1

5

3

3

Unknown

0

1

0

0

TOTAL

99

90

109

99

ATSB Breakdown of Occurrences 2022–2023 30-Sep 31-Dec 31-Mar

30-Jun

Technical

27

22

15

15

Operational

64

55

76

69

Environmental

1

1

1

1

Airspace

5

11

17

13

Unclassified

0

1

0

1

20


MEMBERS Membership numbers at points in time

New students

30-Sep

31-Dec

31-Mar

30-Jun

30-Sep

31-Dec

31-Mar

30-Jun

2022–2023

10126

10200

10350

10102

2022–2023

459

353

403

300

2021–2022

9620

9878

9978

9946

2021–2022

295

362

407

259

2020–2021

9731

9874

10262

10140

2020–2021

394

343

393

307

2019–2020

9597

9700

9662

9289

2019–2020

423

363

332

307

2018–2019

9479

9476

9692

9573

2018–2019

465

403

543

399

Members by State

Gender comparison

(as at 30 June 2023)

%

Financial Year

Males

Females

ACT

171

1.7%

2022–2023

9290

812

NSW

2654

26.31%

2021–2022

9239

707

NT

77

0.8%

2020–2021

9415

725

QLD

3014

29.88%

2019–2020

8717

572

SA

942

9.3%

2018–2019

8955

618

TAS

238

2.36%

VIC

2179

21.6%

WA

713

7.07%

Australia

9988

99.02%

Overseas

114

0.98%

TOTAL

10102

100.00%

SCHOOLS AND CLUBS Schools

Clubs 30-Sep

31-Dec

31-Mar

30-Jun

30-Sep

31-Dec

31-Mar

30-Jun

2022–2023

151

147

143

136

2022–2023

29

29

29

30

2021–2022

154

152

151

150

2021–2022

25

27

27

28

2020–2021

150

155

152

154

2020–2021

21

21

23

23

2019–2020

153

150

151

147

2019–2020

11

10

15

19

2018–2019

158

156

153

153

2018–2019

21

16

14

11

21


Statistics (continued) AIRCRAFT 3 Axis (A)

30-Sep

31-Dec

31-Mar

30-Jun

2022–2023

2969

2982

2990

2973

2021–2022

2970

2945

2951

2020–2021

2911

2902

2019–2020

2926

2018–2019

2932

Weight Shift (B)

30-Sep

31-Dec

31-Mar

30-Jun

2022–2023

146

144

139

138

2960

2021–2022

161

156

154

152

2930

2947

2020–2021

170

169

166

164

2895

2913

2896

2019–2020

200

185

182

177

2943

2950

2922

2018–2019

208

204

203

195

30-Sep

31-Dec

31-Mar

30-Jun

Powered Parachute (D) 30-Sep 31-Dec 31-Mar 30-Jun

Total

2022–2023

161

162

160

155

2022–2023

3276

3288

3289

3266

2021–2022

168

167

163

162

2021–2022

3299

3268

3268

3274

2020–2021

171

172

170

177

2020–2021

3252

3243

3266

3288

2019–2020

180

175

175

174

2019–2020

3306

3255

3270

3247

2018–2019

188

183

182

180

2018–2019

3328

3330

3335

3297

AIRCRAFT TYPES Make

3 Axis

Make

Jabiru

713

Airborne

105

Tecnam

185

Aeros

7

Aeroprakt

177

Air Creation

5

ICP

122

Solar Wings

5

Skyfox Aviation

79

Flylight

2

Howard Hughes Engineering

71

P & M Aviation

2

Zenith Aircraft

70

Aviate

Austflight ULA

52

Thruster Aircraft Rand Kar

22

Weight Shift

Make

PPC

Aerochute Industries

143

Summit Aerosports

6

Fresh Breeze

4 1

1

Powerchutes System International

Dta Sarl France

1

AAA Fasterway

1

50

Evolution Trikes

1

40

Ramphos

1


Financial Statements Recreational Aviation Australia Limited ABN 40 070 931 645 Financial Statements For the Year Ended 30 June 2023

Contents 30 June 2023 Financial Statements Director’s Report Statement of Comprehensive income Statement of Financial Position Statement of Changes in Equity Statement of Cash Flows Notes to the Financial Statements Directors’ Declaration Auditor’s Independence Declaration Independent Auditor’s Report

23 24 27 28 29 30 31 39 40 41

23


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2023 Directors' report The Directors present their report on Recreational Aviation Australia Limited for the financial year ended 30 June 2023. Directors The following persons held office as directors of Recreational Aviation Australia Limited during the financial year: Michael Monck (Chair) Luke Bayly (Deputy Chair) Trevor Bange Eugene Reid (ceased 25 November 2022) Barry Windle (ceased 25 November 2022) Andrew Scheiffers Simon Ozanne Mark Ferraretto (Appointed in Aug by the board and in Nov at the AGM 2022) Paul Reddish (Appointed in Aug by the board and in Nov at the AGM 2022) Principal activities The principal activity of the Company during the year was to administer light aircraft in Australia. The Company has delegated functions from the Civil Aviation Safety Authority for the control and management of light aircraft registrations and pilot training and certification. The Company is responsible for setting standards for light aircraft maintenance and the training of pilots. Review of operations There were no significant changes to the operations of the Company during the year ended 30 June 2023. Significant changes in the state of affairs No significant changes in the nature of these activities occurred during the year. Matters subsequent to the end of the financial year No matter or circumstance has arisen since 30 June 2023 that has significantly affected, or may significantly affect: (a) the Company's operations in future financial years, or (b) the results of those operations in future financial years, or (c) the Company's state of affairs in future financial years. Likely developments and expected results of operations The Company will continue the same operations as described in the principal activity section in future years. The Company will commence the administration of larger aircraft within the next year under CASR Part149. This will add to the existing administration functions performed. Mission statement A respected organisation that continues to advance safe aviation and encourage training across our industry. We do this by creating opportunities for a wide range of aviation activities, through industry leadership, fostering a diverse community, and innovating across light aviation.

2

24


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2023 Meetings of directors The following table sets out the number of meetings of the directors attended by each director. 2 Aug 2022 9

27 Aug 2022 9

4 Oct 2022 9

27 Oct 2022 9

25 Nov 2022 9

17 Feb 2023 9

12 May 2023 9

Total Meetings 7

Luke Bayly

9

9

9

9

9

9

9

7

Trevor Bange

9

9

9

9

9

9

6

Board Meetings Michael Monck

Eugene Reid

9

Barry Windle

9

Andrew Scheiffers

9

9

9

2

9

3

9

9

9

4

9

9

9

9

7

9

6

9

9

Mark Ferraretto

9

9

9

9

9

Paul Reddish

9

9

9

9

9

Simon Ozanne

9

Committee Meetings Barry Windle (ceased from the RAFC Nov 2022) Simon Ozanne Luke Bayly (ceased from the RAFC Oct 2022) Mark Ferraretto

3 Feb 2022

17 Oct 2022

9

9 9

9

9 Feb 2023

5 20 Apr 2023

Total Meetings 2

9

9

3 2

9 9

9

2

Contributions on winding up In the event of the Company being wound up, ordinary members are required to contribute a maximum of $1 each. Honorary members are not required to contribute. The total amount that members of the company are liable to contribute if the company is wound up is $11,476 based on 11,476 current ordinary members. Operating result The total comprehensive deficit for the year amounted to $52,238 (2022: comprehensive surplus of $564,875). Total comprehensive deficit was achieved through a revaluation of property which otherwise would have resulted in a deficit of ($103,298). This revaluation also increased Asset revaluation reserve substantially from the previous financial year.

3

25


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 Signed in accordance with a resolution of the Board.

……………… … ………… ………………………….. Michael Monck Director Dated:

………………………….. …………… Andrew S Scheiffers h iff Director Dated: 25 October 2023

4

26


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2023 2023 $

2022 $

3,327,053

3,018,831

1,828,207 175,888 240,262 619,816 566,178 3,430,351

1,638,031 156,648 233,251 610,689 455,223 3,093,842

Deficit before income tax expense Income tax expense Deficit for the year

(103,298) (103,298)

(75,011) (75,011)

Other comprehensive income Gain on revaluation of buildings Total comprehensive (deficit)/surplus for the year

51,060 (52,238)

639,886 564,875

Note Revenue

2

Expenses Employee benefits expense Depreciation and amortisation expense Printing, publications and merchandise Insurance Other expenses Total expenses

3

The accompanying notes form part of the financial statements

5

27


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2023 2023 $

2022 $

292,062 4,270 52,638 1,446,775 49,716 1,845,461

1,772,495 1,595 43,042 23,277 1,840,409

8 9

1,592,359 136,266 1,728,625 3,574,086

1,416,013 191,320 1,607,333 3,447,742

10 11 12

163,265 310,501 1,032,168 1,505,934

145,323 260,094 992,007 1,397,424

11 12

20,410 649,804 670,214 2,176,148

18,456 581,686 600,142 1,997,566

NET ASSETS

1,397,938

1,450,176

EQUITY Reserves Retained Earnings TOTAL EQUITY

1,038,194 359,744 1,397,938

987,134 463,042 1,450,176

ASSETS CURRENT ASSETS Cash and cash equivalents Trade and other receivables Inventories Financial assets at fair value through profit or loss Other current assets TOTAL CURRENT ASSETS

Note 4 5 6 7

NON-CURRENT ASSETS Property, plant and equipment Intangible assets TOTAL NON-CURRENT ASSETS TOTAL ASSETS LIABILITIES CURRENT LIABILITIES Trade and other payables Short-term provisions Income in advance TOTAL CURRENT LIABILITIES NON-CURRENT LIABILITIES Long-term provisions Income in advance TOTAL NON-CURRENT LIABILITIES TOTAL LIABILITIES

The accompanying notes form part of the financial statements

6

28


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2023 Retained earnings $ 538,053 (75,011) 463,042 (103,298) 359,744

Balance at 30 June 2021 (Deficit)/Surplus attributable to members Balance at 30 June 2022 (Deficit)/Surplus attributable to members Balance at 30 June 2023

Asset revaluation reserve $ 347,248 639,886 987,134 51,060 1,038,194

Total $ 885,301 564,875 1,450,176 (52,238) 1,397,938

The accompanying notes form part of the financial statements

7

29


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2023 2023 $

2022 $

3,374,815 11,067 (3,220,195) 165,687

3,112,249 2,027 (2,894,234) 220,042

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment Purchase of intangibles Purchase of investments Net cash used in investing activities

(179,615) (66,505) (1,400,000) (1,646,120)

(13,003) (44,025) (57,028)

Net (decrease)/increase in cash and cash equivalents held Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year

(1,480,433) 1,772,495 292,062

163,014 1,609,481 1,772,495

Note

CASH FLOWS FROM OPERATING ACTIVITIES Receipts from members and others Interest received Payments to suppliers and employees Net cash provided by operating activities

4

The accompanying notes form part of the financial statements

8

30


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 The financial statements cover Recreational Aviation Australia Limited as an individual entity. Recreational Aviation Australia Limited is a not-for-profit company limited by guarantee under the Corporations Act 2001. Note 1: Significant accounting policies The principal accounting policies adopted in the preparation of the financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. New or amended Accounting Standards and Interpretations adopted The entity has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. Basis of preparation These general purpose financial statements have been prepared in accordance with the Australian Accounting Standards - Simplified Disclosures issued by the Australian Accounting Standards Board ('AASB'), and the Corporations Act 2001, as appropriate for not-for-profit oriented entities. Historical cost convention The financial statements have been prepared under the historical cost convention. Income tax As the company is a charitable institution in terms of subsection 50-5 of the Income Tax Assessment Act 1997, as amended, it is exempt from paying income tax. Current and non-current classification Assets and liabilities are presented in the statement of financial position based on current and non-current classification. An asset is classified as current when: it is either expected to be realised or intended to be sold or consumed in the company's normal operating cycle; it is held primarily for the purpose of trading; it is expected to be realised within 12 months after the reporting period; or the asset is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least 12 months after the reporting period. All other assets are classified as non-current. A liability is classified as current when: it is either expected to be settled in the company's normal operating cycle; it is held primarily for the purpose of trading; it is due to be settled within 12 months after the reporting period; or there is no unconditional right to defer the settlement of the liability for at least 12 months after the reporting period. All other liabilities are classified as non-current. Impairment of non-financial assets Non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. Recoverable amount is the higher of an asset's fair value less costs of disposal and value-in-use. The value-inuse is the present value of the estimated future cash flows relating to the asset using a pre-tax discount rate specific to the asset or cash-generating unit to which the asset belongs. Assets that do not have independent cash flows are grouped together to form a cash-generating unit.

9

31


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Note 1: Significant accounting policies (continued) Fair value measurement When an asset or liability, financial or non-financial, is measured at fair value for recognition or disclosure purposes, the fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; and assumes that the transaction will take place either: in the principal market; or in the absence of a principal market, in the most advantageous market. Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non-financial assets, the fair value measurement is based on its highest and best use. Valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, are used, maximising the use of relevant observable inputs and minimising the use of unobservable inputs. Goods and Services Tax ('GST') and other similar taxes Revenues, expenses and assets are recognised net of the amount of associated GST, unless the GST incurred is not recoverable from the tax authority. In this case it is recognised as part of the cost of the 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 tax authority is included in other receivables or other payables in the statement of financial position. 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 tax authority, are presented as operating cash flows. Commitments and contingencies are disclosed net of the amount of GST recoverable from, or payable to, the tax authority. Critical accounting estimates The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and assumptions on historical experience and on other various factors, including expectations of future events, management believes to be reasonable under the circumstances. The resulting accounting judgements and estimates will seldom equal the related actual results. The judgements, estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities (refer to the respective notes) within the next financial year are discussed below.

Estimation of useful lives of assets The company determines the estimated useful lives and related depreciation and amortisation charges for its property, plant and equipment and finite life intangible assets. The useful lives could change significantly as a result of technical innovations or some other event. The depreciation and amortisation charge will increase where the useful lives are less than previously estimated lives, or technically obsolete or non-strategic assets that have been abandoned or sold will be written off or written down.

10

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Note 1: Significant accounting policies (continued)

Impairment The Company assesses impairment at each reporting date by evaluating conditions specific to the company that may lead to impairment of assets. Should an impairment indicator exist, the determination of the recoverable amount of the asset may require incorporation of a number of key estimates. No impairment indicators were present as at year end. Employee benefits provision The liability for employee benefits expected to be settled more than 12 months from the reporting date are recognised and measured at the present value of the estimated future cash flows to be made in respect of all employees at the reporting date. In determining the present value of the liability, estimates of attrition rates and pay increases through promotion and inflation have been taken into account.

Note 2: Revenue Member receipts Advertising Aircraft registration ASIC fees Operating grant - Government Other Sale of merchandises Interest income Investment income

2023 $

2022 $

2,373,122 24,271 613,619 620 188,497 20,960 52,423 11,067 42,474 3,327,053

2,170,620 29,717 566,863 800 191,497 16,071 41,236 2,027 3,018,831

Accounting policy Revenue from contracts with customers Revenue is recognised at an amount that reflects the consideration to which the company is expected to be entitled in exchange for transferring goods or services to a customer. For each contract with a customer, the company: identifies the contract with a customer; identifies the performance obligations in the contract; determines the transaction price which takes into account estimates of variable consideration and the time value of money; allocates the transaction price to the separate performance obligations on the basis of the relative stand-alone selling price of each distinct good or service to be delivered; and recognises revenue when or as each performance obligation is satisfied in a manner that depicts the transfer to the customer of the goods or services promised. Variable consideration within the transaction price, if any, reflects concessions provided to the customer such as discounts, rebates and refunds, any potential bonuses receivable from the customer and any other contingent events. Such estimates are determined using either the 'expected value' or 'most likely amount' method. The measurement of variable consideration is subject to a constraining principle whereby revenue will only be recognised to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognised will not occur. The measurement constraint continues until the uncertainty associated with the variable consideration is subsequently resolved. Amounts received that are subject to the constraining principle are recognised as a refund liability. Sales revenue Revenue from sale of goods is recognised when received or receivable. Grants Grant revenue is recognised in profit or loss when the company satisfies the performance obligations stated within the funding agreements. 11

33


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Interest Interest revenue is recognised as interest accrues using the effective interest method. This is a method of calculating the amortised cost of a financial asset and allocating the interest income over the relevant period using the effective interest rate, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to the net carrying amount of the financial asset. Membership subscriptions The Company’s membership subscription runs for periods of either 12 months, 24 months, 36 months or 60 months. The subscription is recognised over the period the membership relates to.

Other revenue Other revenue is recognised when it is received or when the right to receive payment is established.

Note 3: Other expenses Accommodation, meetings and travel Advertising and promotions Bank charges Computer system Legal expenses Office expenses Other professional fees Postage and PO Box Scholarships and donations

Note 4: Cash and cash equivalents Cash on hand Cash at bank

2022 $

194,383 21,480 33,707 40,269 9,283 113,145 86,290 26,925 40,696 566,178

83,545 18,265 31,151 34,658 138,533 82,611 10,570 55,890 455,223

2023 $

2022 $

500 291,562 292,062

500 1,771,995 1,772,495

Accounting policy Cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other shortterm, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

2023 $

Note 5: Inventories Merchandise

2023 $

52,638

2022 $ 43,042

Accounting policy Inventories are measured at the lower of cost and net realisable value. Cost of inventory is determined using the weighted average costs basis and is net of any rebates and discounts received.

12

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

Note 6: Financial assets at fair value through profit or loss Investments

2023 $

2022 $

1,446,775

-

The Investments have been valued based on their quoted market prices in active markets.

Accounting policy Financial assets at fair value through profit or loss Financial assets not measured at amortised cost or at fair value through other comprehensive income are classified as financial assets at fair value through profit or loss. Typically, such financial assets will be either: (i) held for trading, where they are acquired for the purpose of selling in the short-term with an intention of making a profit, or a derivative; or (ii) designated as such upon initial recognition where permitted. Fair value movements are recognised in profit or loss.

2023 $

Note 7: Other current assets Prepayments

49,716

23,277

2023 $

2022 $

1,540,000 (3,208) 1,536,792

1,370,000 1,370,000

Furniture and fittings - at cost Accumulated depreciation

118,906 (80,647) 38,259

97,560 (74,892) 22,668

Office equipment - at cost Accumulated depreciation

106,698 (102,816) 3,882

103,730 (99,509) 4,221

Computer equipment - at cost Accumulated depreciation

87,646 (74,220) 13,426

82,339 (63,215) 19,124

1,592,359

1,416,013

Note 8: Property, plant and equipment Building - at fair value Accumulated depreciation

Total Property, plant and equipment

2022 $

13

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

Note 8: Property, plant and equipment (continued) Movements in Carrying Amounts Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial year: Buildings Balance at 30 June 2021 Additions Revaluation Depreciation expense Balance at 30 June 2022 Additions Revaluation Depreciation expense Balance at 30 June 2023

$ 750,614 639,886 (20,500) 1,370,000 149,997 51,060 (34,265) 1,536,792

Furniture and Fittings $ 26,204 (3,536) 22,668 21,345 (5,754) 38,259

Office Equipment $ 12,511 3,352 (11,642) 4,221 2,967 (3,306) 3,882

Computer Equipment $ 22,389 9,651 (12,916) 19,124 5,306 (11,004) 13,426

Total $ 811,718 13,003 639,886 (48,594) 1,416,013 179,615 51,060 (54,329) 1,592,359

The building was revalued based on a valuation by Egan National Valuers as at 31 May 2023. The valuation has been determined on the basis current market value assuming vacant possession. Market value was determined by reference to comparable sales. Accounting policy Plant and equipment is stated at historical cost less accumulated depreciation and impairment. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Buildings are recorded at fair value and subject to periodical independent valuations. Depreciation is calculated on a straight-line basis to write off the net cost of each item of property, plant and equipment (excluding land) over their expected useful lives as follows: Class of fixed asset Useful life Depreciation rate Buildings 40 years 2.5% Furniture and fittings 5 to 10 years 10% - 20% Office equipment 3 to 10 years 10% - 33% Computer equipment 3 years 33% The residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, at each reporting date. An item of property, plant and equipment is derecognised upon disposal or when there is no future economic benefit to the company. Gains and losses between the carrying amount and the disposal proceeds are taken to profit or loss.

14

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

Note 9: Intangible assets Modernisation project - software Accumulated amortisation

622,498 (486,232) 136,266

555,993 (364,673) 191,320

2023 $

2022 $

77,823 36,951 39,316 9,175 163,265

52,003 28,518 50,830 13,972 145,323

Accounting policy These amounts represent liabilities for goods and services provided to the company prior to the end of the financial year and which are unpaid. Due to their short-term nature they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.

Note 11: Provisions CURRENT Provision for annual leave Provision for long service leave NON-CURRENT Provision for long service leave

2022 $

Accounting policy Intangible assets relate to developed software used in the provision of services to members. The costs capitalised relate to development costs only and exclude the costs of research. Developed software is amortised on a straight line basis over 10 years. Amortisation methods, assets’ useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.

Note 10: Trade and other payables Trade payables Accrued expenses GST and PAYG liabilities Other payables

2023 $

2023 $

2022 $

187,922 122,579 310,501

133,129 126,965 260,094

20,410 20,410 330,911

18,456 18,456 278,550

Accounting policy Short-term employee benefits Liabilities for wages and salaries, including non-monetary benefits, annual leave and long service leave expected to be settled wholly within 12 months of the reporting date are measured at the amounts expected to be paid when the liabilities are settled.

15

37


RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645

RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

Note 11: Provisions (continued) Other long-term employee benefits The liability for annual leave and long service leave not expected to be settled within 12 months of the reporting date are measured at the present value of expected future payments to be made in respect of services provided by employees up to the reporting date using the projected unit credit method. Consideration is given to expected future wage and salary levels, experience of employee departures and periods of service. Expected future payments are discounted using market yields at the reporting date on national government bonds with terms to maturity and currency that match, as closely as possible, the estimated future cash outflows.

Defined contribution superannuation expense Contributions to defined contribution superannuation plans are expensed in the period in which they are incurred.

Note 12: Income in advance Current Non-current

2023 $

2022 $

1,032,168 649,804 1,681,972

992,007 581,686 1,573,693

The Company maintains a nil refund policy on subscriptions except in exceptional circumstances or as required by law. Subscriptions for services yet to be delivered will be realised as revenue over the subscription period/s.

2023 2022 $ $ Note 13: Remuneration of auditors During the financial year the following fees were paid or payable for services provided by RSM Australia, the auditor of the company Audit services

17,500

Note 14: Government funding

16,000

The Company receives financial assistance from the Civil Aviation Safety Authority on an annual basis. The assistance is provided pursuant to a Memorandum of Agreement. There is a separate Memorandum of Agreement each financial year and assistance is provided only on a basis of certain functions being performed by the Company. Note 15: Related Party Transactions The Directors and their related entities transact with the Company from time to time on normal terms and conditions that are no more favourable than those available to others. The types of transactions involved include those that are provided by the Company as part of its normal operations. The transactions are settled at the time of the transaction, and no amounts are owing to the Company at year end in respect of these transactions. The total value of these transactions is low and is considered by the Company to be immaterial. With the exception of compensation of key management personnel, which is separately disclosed in these statements, there were no other related party transaction during the financial year.

16

Note 16: Key Management Personnel Compensation Compensation The aggregate compensation made to members of key management personnel of the company is set out below: 2023 2022 $ $ Key management personnel compensation 729,195 677,405 Note 17: Contingent Liabilities The company had no contingent liabilities as at 30 June 2023. Note 18: Commitments The company had no commitments for expenditure as at 30 June 2023. Note 19: Events After The Reporting Period No other matter or circumstance has arisen since 30 June 2023 that has significantly affected, or may significantly affect the company's operations, the results of those operations, or the company's state of affairs in future financial years. Note 20: Company Details The registered office and principal places of business of the Company is: Recreational Aviation Australia Limited Unit 3, 1 Pirie Street Fyshwick ACT 2609

17

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RECREATIONAL AVIATION AUSTRALIA LIMITED ABN: 40 070 931 645 DIRECTORS’ DECLARATION The directors of the Company declare that: a) the attached financial statements and notes comply with the Corporations Act 2001, the Australian Accounting Standards – Simplified Disclosures, the Corporations Regulations 2001 and other mandatory professional reporting requirements; and b) the attached financial statements and notes give a true and fair view of the company's financial position as at 30 June 2023 and of its performance for the financial year ended on that date; and c) there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable. Signed in accordance with a resolution of directors made pursuant to section 295(5)(a) of the Corporations Act 2001. On behalf of the directors Director…………………………………………………………………………………….. ……… ……… ………… … ………… … …… Director…………………………………………………………………………………….. Dated: 25 October 2023

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RSM Australia Partners Equinox Building 4, Level 2, 70 Kent Street Deakin ACT 2600 GPO Box 200 Canberra ACT 2601 T +61 (0) 2 6217 0300 F +61 (0) 2 6217 0401 www.rsm.com.au

AUDITOR’S INDEPENDENCE DECLARATION As lead auditor for the audit of the financial report of Recreational Aviation Australia Limited for the year ended 30 June 2023, I declare that, to the best of my knowledge and belief, there have been no contraventions of: (i)

the auditor independence requirements of the Corporations Act 2001 in relation to the audit; and

(ii)

any applicable code of professional conduct in relation to the audit.

RSM AUSTRALIA PARTNERS

Rodney Miller Partner Canberra, Australian Capital Territory Dated: 27 October 2023

THE POWER OF BEING UNDERSTOOD AUDIT | TAX | CONSULTING RSM Australia Partners is a member of the RSM network and trades as RSM. RSM is the trading name used by the members of the RSM network. Each member of the RSM network is an independent accounting and consulting firm which practices in its own right. The RSM network is not itself a separate legal entity in any jurisdiction. RSM Australia Partners ABN 36 965 185 036

Liability limited by a scheme approved under Professional Standards Legislation

40

19


RSM Australia Partners Equinox Building 4, Level 2, 70 Kent Street Deakin ACT 2600 GPO Box 200 Canberra ACT 2601 T +61 (0) 2 6217 0300 F +61 (0) 2 6217 0401

INDEPENDENT AUDITOR’S REPORT To the Members of Recreational Aviation Australia Limited

www.rsm.com.au

Opinion We have audited the financial report of Recreational Aviation Australia Limited (the Company), which comprises the statement of financial position as at 30 June 2023, the statement of comprehensive income, the statement of changes in equity and the statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies, and the directors' declaration. In our opinion, the accompanying financial report of the Company is in accordance with the Corporations Act 2001, including: (i) giving a true and fair view of the Company's financial position as at 30 June 2023 and of its financial performance for the year then ended; and (ii) complying with Australian Accounting Standards – Simplified Disclosures and the Corporations Regulations 2001. Basis for Opinion We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Report section of our report. We are independent of the Company in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board's APES 110 Code of Ethics for Professional Accountants (the Code) that are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code. We confirm that the independence declaration required by the Corporations Act 2001, which has been given to the directors of the Company, would be in the same terms if given to the directors as at the time of this auditor's report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Other Information The directors are responsible for the other information. The other information comprises the information included in the Company's annual report for the year ended 30 June 2023 but does not include the financial report and the auditor's report thereon. Our opinion on the financial report does not cover the other information and accordingly we do not express any form of assurance conclusion thereon. In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit or otherwise appears to be materially misstated.

THE POWER OF BEING UNDERSTOOD AUDIT | TAX | CONSULTING RSM Australia Partners is a member of the RSM network and trades as RSM. RSM is the trading name used by the members of the RSM network. Each member of the RSM network is an independent accounting and consulting firm which practices in its own right. The RSM network is not itself a separate legal entity in any jurisdiction.

20

RSM Australia Partners ABN 36 965 185 036

Liability limited by a scheme approved under Professional Standards Legislation

41


If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Responsibilities of the Directors for the Financial Report The directors of the Company are responsible for the preparation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards – Simplified Disclosures and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error. In preparing the financial report, the directors are responsible for assessing the ability of the Company to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so. Auditor's Responsibilities for the Audit of the Financial Report Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report. A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website at: http://www.auasb.gov.au/auditors_responsibilities/ar4.pdf. This description forms part of our auditor's report.

RSM Australia Partners

Rodney Miller Canberra, Australian Capital Territory Date: 27 October 2023

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Image by Ed Herring 43


Recreational Aviation Australia ACN 070 931 645 3/1 Pirie Street PO Box 1265 FYSHWICK ACT 2609

02 6280 4700 members@raaus.com.au raaus.com.au


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