2007 Annual Report
Transcription
2007 Annual Report
Sovereign Hill annual report Sovereign Hill Annual Report 06 | 07 The Sovereign Hill Museums Association Celebrating Success contents President's Report 6 Marketing 16 Chief Executive Officer's Report 10 Outdoor Museum 20 Our Volunteers 36 Narmbool 40 Special Occasions 50 Gold Museum 32 Education 42 Bill McGregor 52 Major Sponsors & Donors 53 The Sovereign Hill Foundation 54 Prospectors' Club 56 The Sovereign Hill Museums Association 57 Staff 60 02 Volunteers 61 Financial Report 62 A ride on the ‘drag’, driven here by Andrew Henderson, has enormous appeal for visitors of all ages. 03 Our Vision is to be a leader amongst the world's best outdoor heritage museums. 04 The Sovereign Hill Charter Our Mission is to present, in a dynamic group of museums, the mining, social, cultural and environmental heritage of the Ballarat region and its impact on Australia's national story. We will carry out our Mission according to the following Guiding Principles: That we will: Ensure that our visitors are engaged, informed, entertained and become our best advocates; • Nurture our integrity as a museum, whereby we acquire, conserve, research, communicate and exhibit, for purposes of study, education and enjoyment, material pertinent to the history of Ballarat and its environs; • In the Diggings and Township, research and interpret the mining and social heritage of Ballarat specifically of the 1851-61 period; in the Sovereign Quartz Mine present the mining history of the area specifically to 1918; in the Gold Museum present the social heritage of the region from earliest times to present day and maintain a vigorous exhibition program; and at Narmbool, present the story of custodianship, the environment and sustainability; • Inform, entertain and involve our visitors without compromising our integrity as a museum, with an emphasis on Australian history and underpinned by good scholarship; • Achieve the highest standards of customer service in all aspects of our work and measure our success as an organisation by the quality of visitors' experiences; • Ensure our independence, commercial viability and business integrity; • Promote our identity as a not-for-profit, community-based asset; • Ensure dignity and respect for our colleagues, and ensure a happy and safe working environment where innovation is encouraged and where the contribution of each member of the Sovereign Hill community is valued; • Promote our links with, and involvement in, the local, state, national and international communities; • Develop our role as a centre of learning and education. Our Vision is to be a leader amongst the world's best outdoor heritage museums. Sovereign Hill has over 50 working horses. Here, ‘Argent’ takes a break supervised by Colin Lamport. 05 06 A dramatic Lion Dance was performed during ceremonies to cleanse and bless the Chinese Camp. When I was given the honour of being elected as Sovereign Hill’s fifteenth Board President, I cannot imagine that I was fully aware of what an exciting year lay ahead. Every year brings more innovation to our wonderful museum, and the achievements recorded in this Annual Report certainly reflect a most memorable time. It was a year for official openings, each giving cause for separate celebrations and each significantly enhancing the interpretive experience for visitors to Sovereign Hill. The Board’s transition from its Founding Fathers’ involvement continued with the retirement of Bill McGregor, in November 2006. In Bill’s place, we welcomed new Board Member Terry Lloyd. It was with real pride that we celebrated with Bill when his contribution to Sovereign Hill and the community was, this year, recognised by the award of a Medal in the Order of Australia. At the 2006 Annual General Meeting, Bill and Colin Prowse, who is also a Founding Board Member, were each thanked and presented with a framed gold nugget in acknowledgement of 40 years’ unbroken service to our Association. Indeed, it has been a momentous year for Colin who also stepped down as Chairman of the Board’s Finance Committee – a position he held with distinction. Another long-serving Board Member whose achievements have been acknowledged this year is Doug Sarah. Doug was awarded an OAM for services to Sovereign Hill (and to the wider Ballarat community). As part of its study tour of Canberra, in May 2007, the Board held a significant strategic planning session. This set some important directions for Sovereign Hill’s future development including, amongst others, the exciting potential of a commercial project on our land-holding in Main Road. "... the achievements detailed in this Annual Report certainly reflect a most memorable time." president's report 07 top As Minister for Education, the Hon. John Lenders, second left, toured Narmbool in June 2007. He was accompanied by Richard Nicholson, left, Jeremy Johnson, Colin Prowse and Tim Sullivan, right. centre On his first visit to Narmbool as its newlyappointed Patron, Prof. David de Kretser, Governor of Victoria, was presented by Richard Nicholson with a copy of Sovereign Hill’s official history. bottom Graeme Eyres, left, a descendant of one of the original proprietors, was officially welcomed by Richard Nicholson when he opened the Eyres Brothers and Newman Hardware exhibit on 26 June 2007. Another Board initiative was the establishment of an Audit and Compliance Committee to help the Board fulfil its corporate governance obligations. The publishing of ‘A Golden Vision − The Story of Sovereign Hill’, by Peter Cuffley, was another highlight, and congratulations go to Colin Prowse and his Committee which oversaw this project. We welcomed some important visitors during the year. The Hon. John Brumby, then State Treasurer, was Guest Speaker at the 2006 President’s Dinner. State Ministers John Pandazopoulos (Tourism) and Tim Holding (Finance and Tourism) visited Sovereign Hill, and John Lenders (Minister for Education) inspected Narmbool. Victoria’s Opposition Leader, the Hon. Ted Baillieu, also enjoyed a relaxed tour, learning more about our aspirations as one of Victoria’s iconic cultural tourism assets. 08 In October 2006, we hosted the international delegates from the League of Historic Cities Conference, which was held in Ballarat and organised by the City Council. This was a very successful event for our City and positioned Ballarat among a significant group of historic places throughout the world. This, too, will help us move towards new interpretive opportunities. The Board has recently negotiated a Memorandum of Understanding with the Ballarat and District Aboriginal Co-operative, which provides for accepted protocols in our working relationship with this important Indigenous group. Our relationships with both the State and Federal Governments, and with the City Council, continue to thrive. We are very grateful for the practical support we receive from each sphere of Government and from our generous donors and supporters. When this support is combined with the professionalism of our staff and the outstanding voluntary contributions made by the Friends of Sovereign Hill and the Gold Museum Society, it is easy to see why Sovereign Hill has been such an enduring success. I pay special tribute to our Chief Executive Officer, Jeremy Johnson, and his Management team and staff. We are fortunate to have such committed and passionate people serving our museum. To my fellow Board Members, I extend sincere appreciation for their valued contributions to the work of the Board and its Committees. My wife, Paula, my family and I have greatly enjoyed our involvement with Sovereign Hill over the past year and look forward to an exciting year ahead. Richard Nicholson President 09 "The past year has seen a remarkable turnaround in Sovereign Hill a'sttendances ..." chief executive officer's report The role of Sovereign Hill Management is to drive our business in accordance with its annual budget, and to plan for and deliver a strategic, vigorous and innovative capital works program. I am very pleased to report on our success in achieving these goals in 2006-07. The past year has seen a remarkable turnaround in Sovereign Hill’s attendances, driven by a very effective events-based marketing campaign. Full credit must go to our Marketing Director, Garry Burns, and his team for driving these initiatives. The resultant increase in profitability has meant that we have been able to carry out some extensive maintenance works. Main Street, in particular, is looking refreshed by this program, and this reinforces the power of our museum’s interpretive experience for visitors. Sovereign Hill Attendances 2003-2007 500,000 490,000 480,000 470,000 460,000 450,000 440,000 430,000 10 2007 2006 2005 2004 2003 420,000 Photographs of Olivia Kramer and her young friends formed part of the ‘Winter Wonderland’ marketing campaign. 11 top The Hon. John Brumby, centre, then State Minister for Regional Development, visited Sovereign Hill in November 2006 to ‘turn the first sod’ for the construction of the inclined tramway. He was greeted by Jeremy Johnson, left, and Geoff Howard MLA, right. This was the first time Midwest Earthmoving, a Ballarat firm, had used their impressive 47-tonne excavator. bottom The Hon. Tim Holding, right, Victoria’s newly-appointed Minister for Tourism, visited Sovereign Hill to inspect our capital works projects in April. Before enjoying afternoon tea in the New York Bakery, the Minister inspected the Quartz Mine and its ‘crib room’ with Peter Davies, left, and Jeremy Johnson. 12 A significant capital works construction program has been underway over the past eighteen months. These works have enabled us to open two new exhibits within Sovereign Hill – St Alipius Diggings School and Eyres Brothers & Newman Hardware and Ironmongers. Linton Cottage has been re-fitted as a conference facility, and new accommodation resources have been incorporated into the redevelopment of the Steinfeld’s Furniture Factory building. The latter development will open up some exciting new visitor experience packages and conferencing opportunities. It also provides a new storage area for Steam Operations and some garaging for horse-drawn vehicles. With Federal Government assistance, we have completed a major redevelopment of the Chinese Camp on the Diggings. This was a very challenging project, with the outcome being widely acknowledged for its interpretive excellence. It is the first time we have introduced audio-visual technology into the above-ground section of the Outdoor Museum − a challenge in itself, as we have been accustomed to a very traditional form of museum presentation. An allocation of $3m from the Victorian Government’s Regional Infrastructure Development Fund has enabled works to begin on the inclined tramway ride for the Sovereign Quartz Mine. It was gratifying to see the four initial major construction contracts awarded to Ballarat firms. This has meant a double win for our region’s economy from this innovative, grant-funded project. The tramway is scheduled for completion at the end of 2007, when we will also be well advanced with the Creswick New Australasian Mine Disaster experience. As we move into the financial year ahead, we will begin work on the remaining elements of the grant program. We gratefully acknowledge the State Government’s support for this major capital investment at Sovereign Hill. In October, we were pleased to host the launch of the first of 10 Modules which make up Victoria’s Tourism Excellence Program – a Tourism Victoria initiative. The Victorian Tourism Industry Council, of which I am currently Chairman, will have a key role in the delivery of this program. Water supply shortages resulting from the drought have been a difficult operational constraint throughout the year. Both State and Federal Governments have greatly assisted us with grants to enable over 1 megalitre of tank water storage to be created on-site for our gardening and livestock requirements. We have also undertaken a range of successful water-saving measures. This Report describes some very pleasing achievements for the Gold Museum, where visitor numbers were well up on the previous year’s 13 top Richard Nicholson, left, and Jeremy Johnson joined Nic Gowans as he assisted Father Adrian McInerney with the planting of a tree to mark the opening of St Alipius Diggings School. figures, and for our environmental education programs at Narmbool. Both campuses are very important contributors to our activities as a driver of cultural and educationbased tourism for regional Victoria. bottom Senator Julian McGauran, second right, opened the new Chinese Camp on 7 June this year. Here, Samantha McIntosh, Liberal Candidate for Ballarat, centre, Rey Tiquia and Margaret Fuary watch as Jeremy Johnson demonstrates the use of an information touchscreen in the Herbalist’s Hut. I am pleased to have delivered a strengthened financial position over the past year, as this has allowed us to make some strategic property acquisitions in Dunn and Magpie Streets. The Sovereign Hill Foundation also reached the $1m mark in its corpus with outstanding support from our generous donors. As this is invested in perpetuity, it gives us confidence to progress with our works here at Sovereign Hill. The Enterprise Agreement, under which most Sovereign Hill staff are employed, has been renegotiated. As labour costs absorb over 60% of the cost of running the museum, it is very important to maintain close control over this area of expenditure. Staff shared in a special 2% bonus payment as part of this Agreement, based 14 on the achievement of additional attendances and profits above those for which we originally budgeted. Our staff are to be commended for their committed input into Sovereign Hill’s operations. On a sad note for us, Ian Stiff retired as Manager of Sovereign Hill Lodge in July, after 14 years of outstanding service in this capacity. Operations Director, Wayne Peters, will also be leaving later in 2007 to return to South Australia, having made an impressive contribution to our operations during his short tenure. Both will be hard to replace. I have enjoyed working with the Management team and, in particular, express my appreciation for the work done by Tim Sullivan as Deputy Chief Executive Officer and Museums Director. Janelle Gilbert and Barb Howes have been very supportive Executive Assistants and have most efficiently carried out administrative services for the Board and the CEO’s office. I have also enjoyed working with the Board and its Committees in guiding Sovereign Hill through another successful year. Without such valuable voluntary input, combined with that of our Friends of Sovereign Hill and the Gold Museum Society, and the dedication of Jan Carroll and Elwyn Blood – their co-ordinators – Sovereign Hill would not be the very special place that it is today. This Report details a fine year’s work and will be significant as an historic record of some outstanding achievements for Sovereign Hill in its 37th year of operation. Jeremy Johnson Chief Executive Officer 15 "The events-based strategy has proved a resounding success, meeting its key objective of driving the Sovereign Hill brand and increasing visitor numbers ..." 16 marketing The Marketing Department has had an active and extremely successful year as Sovereign Hill’s events-driven marketing strategy continued to gain momentum, resulting in record attendances. A $10,000 gold nugget was the glittering prize for the September school holiday promotion, which had a treasure hunt theme. Families enjoyed unearthing clues around the Outdoor Museum for a chance to win the nugget buried by goldrush bushranger, Henry Garrett. When the 16 daily competition winners finally lined up to see if their key would unlock the treasure chest, 11-year old Dylan Lyall was the lucky winner. Inspiration for ‘Spellbound’, our summer holiday campaign, came from the story of Wizard Jacobs and Goblin Sprightly − international entertainers who visited the goldfields in the 1850s. Main Street was transformed into an enchanting sea of bubbles – floating down upon an unsuspecting young audience who had come to witness the ‘magic’ of the wizard and his mischievous assistant. The ‘ghosts’ of Sovereign Hill came to life for a ‘spooktacular’ Easter event featuring a new underground tour through the Red Hill Mine and the ‘The Secret Chamber’ to hear the mysterious story of two Chinese diggers who sought their fortunes on the goldfields. To support the underground experience, our school holiday program combined ghostly tales with the 19th century fascination for spiritualism in a clever range of ‘spooky’ activities. Costumed ‘FOSH’ children enhanced the 19th-century atmosphere of Main Street during ‘Spellbound’. 17 left ‘Spellbound’ drew large summer holiday crowds. right The antics of Jarrod Ferguson and Luke Tonkin as Wizard Jacobs and his mischievous assistant, Goblin Sprightly, were responsible for the sea of bubbles floating along Main Street during ‘Spellbound’. Our 2006 snow theme returned in June this year.Visitors were greeted by a snow-lined Main Street and a cheery snowman on the Post Office corner. Regular ‘snowfalls’ in Main Street were complemented by a snow-play area near the Kiosk, where excited youngsters built snowmen and rode a giant snow slide. Once again, the snow event proved one of our most popular activities, with a 30% increase in attendances for the two-week period. We formed two important partnerships for this promotion, Mount Buller and BOC assisting with the provision of snow and liquid nitrogen to deliver one of our most impressive events. Our school holiday activities were supported by an innovative and colourful advertising campaign − the brainchild of the Sovereign Hill 18 Design team and LEAP − our new creative agency. LEAP developed this year’s whimsical snow commercial, heralding our own first ‘leap’ into metropolitan television advertising. After extensive research on the Sovereign Hill brand, we have also instructed LEAP to develop a fresh image so that we can build on the success of our new strategy by broadening our appeal in key markets. The appeal of the events-based activities helped Sovereign Hill secure another record year for publicity and promotions, particularly in the Melbourne press. We welcomed back the cast and crew from ‘Saturday Disney’ to record a second 12-part drama series which was filmed entirely on location at Sovereign Hill, and used our own interpretive theatre staff among the characters. This year’s schedule also included a lively program devoted entirely to Sovereign Hill. As ‘Saturday Disney’ is the highest-rating national children’s television program in Australia, we gained excellent exposure from this initiative. In January this year, the Sovereign Hill Marketing team welcomed Lilian Sun, our new International Marketing Manager. Lilian has been working closely with inbound tour operators, both in Australia and Asia, to lift awareness of the Sovereign Hill product and to ensure we are included on their itineraries. Her work is complemented by our China-based sales agent, ATR, with strong growth in this market. We welcomed another 1,400 students from North America as part of the ‘People to People’ series, accommodating many at Narmbool and at Sovereign Hill Lodge. The events-based strategy has proved a resounding success, meeting its key objectives of driving the Sovereign Hill brand and increasing visitor numbers from the all-important Melbourne market. The challenge to build on this success promises to make the next twelve months an interesting and rewarding time. left Good old-fashioned snowball fights were popular during ‘Winter Wonderland’. (Picture: The Herald & Weekly Times Collection) top right Wayne Peters led Luke Tonkin, left, Olivia Kramer and Wes Scott in celebrating Sovereign Hill’s place on the new Australian Monopoly board. bottom right Marketing Director Garry Burns took a ‘hands-on’ approach to filming for holiday promotions. 19 20 Children love ‘Curby’, the pet lamb, seen here enjoying the sunshine with Paige Severino. ‘Imagining Sovereign Hill’ was an exhibition staged in 2005 by the Gold Museum to record the work of architect Ewan Jones in designing Sovereign Hill, and the intensive building program which ensued in our early years. Building activity in the Outdoor Museum over the last twelve months must surely rival that wonderful period. The Outdoor Museum Committee, chaired by Annmaree Perry, has indeed had a very interesting and productive year. The redevelopment of the Chinese Camp has introduced storytelling media, bringing to life a formerly static exhibit. Existing buildings were refurbished, new huts and tents added, and the landscape reworked.Visitors now have access to most interiors and the media within. The reinterpretation of each building has created an immersive experience, visually rich in objects and rich with layers of interpretation to support a diversity of learning styles. This is particularly important for the school students participating in Sovereign Hill Education programs such as ‘Chinese on the Goldfields’. All good story-telling works best when visitors can see something of themselves or their experiences in the story. Communication of the content, therefore, has to be done in ways that will engage the attention, pique the curiosity, and create a connection that resonates with visitors in terms of their own lives. Only then can our interpretation have real meaning for them. "All good story-telling works best when visitors can see something of themselves or their experiences in the story." outdoor museum 21 top The Eyres Brothers and Newman façade is a striking architectural highlight at the top of Main Street. bottom Sovereign Hill staff posed for photographs to promote the new Linton Cottage conference facility. They are Le-anne O’Brien, left, Pat Clifford, Serena Eldridge and Luke Cooper. Jacquie Mullins, right, is a Human Resources intern from the University of Ballarat. The Chinese Camp tells a story about life at the time when Chinese miners petitioned Governor Barkly to seek relief from the taxes imposed on them alone. It presents a perspective on the evolution of our democracy and our ideas of fairness.Visitors hear people in the Camp debating the terms on which they are allowed to participate in the democratic process, and so gain insights into the life of a Chinese miner in Ballarat. The Sovereign Hill School program provides one of the best museum experiences in the world. The program has grown to the point where a fourth school has been added: the St Alipius Diggings School opened in February 2007. The extension and refurbishment of the Steinfeld’s Furniture Factory building has enabled us to provide both accommodation for growing numbers of students and a new home for the Ragged School. Adjoining it is a new exhibit façade − Eyres Brothers & Newman Hardware and Ironmongers. Goldfields hardware stores were 22 wonderfully eclectic suppliers of almost everything a household or workshop would need. Representing that diversity was quite a challenge in both sourcing and acquiring items, and in gaining an understanding of their purpose. Many tools are similar to ones we use today, but others are obsolete, replaced by power tools or no longer needed because of changes in the ways we work and live. We are very grateful for the support of Graeme Eyres in providing information and objects from his collection to assist the project team. Linton Cottage has been converted into a small conference facility, and the first stage of converting the former Edinburgh Pottery into the Horse Bazaar has been completed. Ballarat’s original Horse Bazaar was a business on Main Road. Advertisements of the period have provided us with useful information about the role of this business in conducting auctions, supplying feed and selling stock of all shapes and sizes. An extensive program of maintenance and repainting is renewing buildings and timber structures throughout the Outdoor Museum. Managing stormwater and its effects is the greatest and most constant maintenance challenge for any Outdoor Museum, especially where the majority of structures are timber and a fundamental characteristic of the experience requires unsealed roads. The problems created by these conditions have been exacerbated by unusual weather patterns with fluctuations between dry heat and dry cold, punctuated by infrequent but peculiarly intense rainstorms. It has been an achievement in these circumstances to manage and maintain the gardens which do so much to enhance visitor experience in the Outdoor Museum. Each garden has been reviewed and appropriate plant species identified for interpretive purposes, as well as sustainability in a time of water shortages. Our tree management regime has also borne fruit: we have barely lost a tree this year to storm or wind damage. 23 left The Chinese experience on the Ballarat goldfields has been a major research project for Sovereign Hill historian Anna Kyi. centre During rehearsals for the mixed-up pantomime, ‘Little Red Robin Hood’, Luke Tonkin practised his archery skills on Darcy Pimblett. 24 With Government funding support for environmental sustainability projects, over a third of the Outdoor Museum’s annual water usage is now in tank storage, and recycling of water through Steam Operations has produced maintenance efficiencies and further water savings. The interpretive activities developed in support of our marketing campaigns for school holidays were a great success. They are designed to provide visitors with a variety of experiences which are unique to holiday periods, involve an interaction with our costumed interpreters, and produce a memorable take-home experience of Sovereign Hill. The events program has refreshed Sovereign Hill’s image and provided an opportunity to reach new audience segments, as well as inviting people who have visited previously to return and see how much the Outdoor Museum and the Gold Museum still have to offer. Our use of interpretive theatre, combined with a variety of themes, provided opportunities to present aspects of life in the mid-Victorian era more intensively: stories of the supernatural and the afterlife; a day in the life of a Redcoat soldier; life in the colder seasons of the year; indoor activities for families; and Victorian melodramas and pantomimes. Interpretive theatre extends the imagination and generates empathy for the period and its challenges. ‘The Night Cart’ explores ideas about sanitation and disease on the goldfields, and the dreadful impact of many diseases that were entirely preventable had science understood that it was bacteria and not smells (miasmas) causing infections. A new Redcoat soldier presentation focused on news from the 1854-56 Crimean War − a conflict that was difficult for many to understand and justify at the time, and which eventually led to the downfall of Lord Aberdeen’s British Government. We are currently developing a piece exploring views of the Chinese on the goldfields, to add an additional layer of interpretation to the Chinese Camp. Refresher Training program has consistently produced interesting sessions extending staff knowledge of the story we tell at Sovereign Hill, and of the work of colleagues in contributing to our daily operations. A number of highly enjoyable experiences included a session on goldfields music, concluding with a ‘Monster Bush Dance’ on Main Street. above Story-time with Nicole Newell was just one of the free children’s holiday activities available over summer. A new, illustrated costume policy includes guidelines for the use of all staff and volunteers. It provides a useful reference for the proper wearing of costume − one of the most important aspects of Sovereign Hill’s interpretive program. The 25 right Earthworks commence for the inclined tramway ‘station’ to be located behind the Battery House of the Sovereign Quartz Mine. the mine The Mining Committee, chaired by Bruce Clark, has been heavily involved throughout the year in guiding the development of the tramway ride. On 14 November 2006, the Hon. John Brumby ‘turned the first sod’ for major earthworks which began construction of the inclined rail line for the ride. The underground tramway will run downhill from an area just south of the Poppet Head so that tour groups will be delivered, for the first time, inside the Quartz Mine. Mr Brumby, then State Treasurer and Minister for Regional Development, congratulated Sovereign Hill on this important capital works initiative, which will provide yet another unique and exciting experience for visitors. The tunnel, which is constructed of culverts on a slab base, is now in place and the related earthworks have been completed. It is pleasing to note that the contracts for earthmoving, and for the supply of 26 pre-cast concrete for the culverts and tilt slabs, were both awarded to local firms – Midwest Earthmoving and Sovereign Concrete Products. Building works at either end of the tunnel are well underway. The Winch House has been sited adjacent to the Boiler House, and the South Adit is being extended to provide a ‘station’ for the ride. Miller Bros. Industries, another Ballarat firm, have been awarded the contract for the supply of the tramway vehicles. We are very grateful to Peter McCarthy, and mining consultants AMC, for their technical advice on this project and for their overall assistance with the operation of the Quartz Mine. Elsewhere in the Mine, the wheelchair access ramp for the train has been upgraded, and extra lighting has been installed to improve the emergency lighting system. 27 top The Quartz Mine project took an important step forward on 16 August this year, when a contract for the construction of two inclined tramway vehicles was signed with Miller Bros Industries, Ballarat. Jeremy Johnson, left, and Richard Nicholson, right, escorted the Hon. Jacinta Allan, Victoria’s Minister for Regional and Rural Development, and Geoff Howard MLA on a tour of the site. bottom Adam Reid manages the Technical Services Department which is responsible for electrical installations across Sovereign Hill properties. 28 Steam Operations Water is integral to Sovereign Hill’s depiction of the past, and this is particularly so in the Steam Operations area, with its historic Cornish Boilers and Stamper Battery. Drought conditions and water shortages, however, have led us to seek ways of reducing the volume of mains water required to operate the Quartz Mine’s extensive surface installations. A grant from the State Government’s Smart Water Fund has been used to introduce important water saving and treatment technologies. A reverse osmosis unit and a carbon filter have been installed. In conjunction with the existing water softener, they provide high quality water from which all contaminants injurious to the boilers have been removed. Overall, blow down time for the boilers has been reduced, less wood is needed to fire them, and fewer chemicals are required for the water treatment process. Rainwater tanks now in use around the site have also minimised the need to rely on mains water for steam production, and a gross pollutant separator for storm water run off will soon be installed. This will allow storm water to be stored and cleaned for use in the Battery House. Apart from day-to-day operation and maintenance of the steamdriven engines and other machinery which make Steam Operations one of Sovereign Hill’s finest working exhibits, staff in this area have also been involved in the restoration of the Walker steam engine which will be installed in the new Winch House. 'BLOOD ON THE SOUTHERN CROSS' The remarkable endurance of this nightly show continued through the past year, with 562 shows hosting almost 84,000 visitors. While twothirds of these visitors originate from the Victorian domestic market, the remainder come from interstate and international destinations. ‘Blood on the Southern Cross’ is an outstanding driver of destinational tourism for the Ballarat region, generating over 70,000 bed nights each year into the local accommodation sector. The show is supported by excellent maintenance work by our Technical Services crew and delivered at very high visitor levels by a dedicated team of duty managers, guides, drivers and catering staff. 29 left In developing the electronic media for the Chinese Camp, Tim Sullivan, left, John Zulic, right, and their staff worked closely with a team from Magian Design Studio who were represented at the opening of the Camp by Ty Wilson and Susan O’Neill. centre During school holidays, couples will be able to enjoy the premium rooms located upstairs in Steinfeld’s Accommodation. Sovereign Hill Lodge ADMINISTRATION Completion of the Steinfeld’s Accommodation project this year has given Sovereign Hill Lodge an additional eleven rooms, which can sleep up to forty-four guests. Our administration section, based in Bright View, is a busy and efficient area. Routine behind-the-scenes work can often go unnoticed, but the close daily interaction between the administrative and operational staff at Sovereign Hill ensures there is always a high level of communication. The four front rooms have been elegantly fitted-out for superior accommodation packages, while the upstairs lounge area provides excellent facilities for conferences and catering. The Lodge has completed an excellent year’s work. It continues to attract the domestic touring market, as well as providing the schools visiting Sovereign Hill with an ideal accommodation resource. 30 The organisation’s IT requirements are becoming more complex each year. Work is continuing with the introduction of a point-of-sale system to help us better manage a significant investment in stock, and to assist with accurate and timely receipting and accounts payment. Design The Design Department, led by John Zulic, Director of Creative and Design, has supported a variety of capital works projects across Sovereign Hill. The Design team worked with Sovereign Hill’s historians and other Interpretive Services staff, and the Technical Services Department, to redevelop the Chinese Camp – contributing to creative concepts, site planning, interior displays and editing of text. The department was also involved in the redevelopment of the Steinfeld’s building and the setting up of shop furniture and displays for the new Eyres Brothers and Newman Hardware Store. John Zulic is currently managing the refurbishment of the Entrance Building and his department’s involvement with the inclined tramway project at the Quartz Mine remains on-going. above Colourful roadside billboards such as this ensured that passersby were well aware of Sovereign Hill’s holiday promotions! The production of ‘A Golden Vision – The Story of Sovereign Hill’ was a significant undertaking, accompanied by the production of materials such as invitations, order forms and press releases required for the book’s release in October 2006. On-going commitments for the department include photography, advertisements, billboards, fliers and point-of-sale material for marketing campaigns. Our designers also produce brochures for the goldfields school program and Sovereign Hill Education, along with newsletters and submissions. 31 32 The lure of gold remains strong as ever at the Gold Museum. Building community partnerships has been a central theme for the Gold Museum in both exhibition and public program developments – and even in response to the New Year’s Day flood in the Museum. The exhibitions program involved a diversity of community groups telling their stories. ‘Guiding For Life: The Ballarat Story 1922-2006’ was developed with the region’s Girl Guides. ‘The Country in the City’ celebrated 150 years of the Ballarat Agricultural and Pastoral Society, and a joint exhibition with J Ward, Ararat, exhibited the powerful photographs of Darren West. The Great Dividing Trail Association promoted the most recent extensions to its 300 kilometres of walking track through the ‘Discover the Rush’ exhibition launched in April by John Landy, the former Governor of Victoria, and Stephen Moneghetti. The Museum was also proud to host the first public showing of the historically important Samuel Lazarus diary, which, with its first-hand account of the Eureka Rebellion, was displayed in collaboration with the State Library of Victoria. The History Learning Circle, established to support History teachers and students, and to promote and enrich the study of Australian History in schools, included a project by Mount Clear College students developing an exhibition called ‘The Children They Left Behind: growing up in wartime Ballarat’. Students gathered recollections of the period through interviews with people who lived through the experience, and material loaned by community members helped recreate a 1940s classroom and evoke the era of wartime. Loreto College students are at work on two different projects. One is the research and development of a goldfields calendar to tell of the impact of weather on the lives of goldfields residents, and a second will feature the costume collection. The Ballarat Historical Society has been promoting a wonderful project to fill a gap in the photographic record of the City’s history. ‘Capture the Vision’ is designed to collect and copy photographs of Ballarat from the 1940s onwards. Approximately 10,000 new images have been added to the existing collection "Building community partnerships has been a central theme for the Gold Museum in both exhibition and public program developments ..." gold museum 33 top Richard Nicholson, left, and Jeremy Johnson discussed refurbishment plans for the Gold Museum with Senator Julian McGauran and Samantha McIntosh when they toured the Gold Museum in September this year. Tim Sullivan and Roger Trudgeon, right, were also present for the meeting. centre Jane Cowles, centre, welcomed Annmaree Perry, left, and Claire Muir to the opening of an exhibition featuring the Lazarus Diary which contains one of the few eye-witness accounts of the 1854 Eureka Rebellion at Ballarat. bottom ‘The Art of Gold Mining’ presented Arthur Jenkins’ paintings of gold mines from in and around Ballarat. of 5,000 photographs. The Historical Society has purchased new scanning equipment and volunteers are assisting with copying. An exhibition of just a few of the newly acquired images was presented in an exhibition called ‘Got the Picture?’ which was launched by Sovereign Hill President, Richard Nicholson, in May this year. A generous donation from the Rio Tinto Corporation helped us acquire a collection of thirtyeight oil paintings of Ballarat and district gold mines by local artist, Arthur Jenkins. The artist was guest of honour at the launch of ‘The Art of Gold Mining’ exhibition in December. A major development for the Gold Museum has been the decision to focus more resources on supporting the school holiday program, integrating with the themes of the events presented in the Outdoor Museum.Visiting children and their parents enjoyed atmospheric spaces combined with story-telling and crafts, often highlighting items from the Museum’s heritage collections. For the Heritage Weekend in October, there were behind-thescenes public tours and special displays. The Ballarat Historical society exhibited copies from its photograph collection at the Ansonia Hotel. The Central Highlands Historical Association History Expo at the Australian 34 Catholic University Ballarat included displays from the Ballarat Sports Museum collection and a display of Sovereign Hill photographs. A number of significant new collections were donated. June Redfern, a Friend of Sovereign Hill, made a significant gift of costume, photographs and other local memorabilia, including a mining company ledger with photographs of the mine manager and the mine. Other donations included collections of domestic artefacts and several self-published books on Ballarat history by Jack Cranston, as well as a fine collection of gold fob watches, chains and gold sovereigns. A Melbournebased photograph historian has positively identified one of our most treasured photograph albums as being produced by Fred Kruger, a Geelong-based photographer who took some of the grand heroic images of Ballarat in the 1880s. The University of the Third Age history class met fortnightly in the Gold Museum, with some twentyfive Ballarat residents studying the history of the district. Students from the Bachelor of Education course at the University of Ballarat conducted part of their fieldwork program at the Gold Museum. Members of the Lucas Past Employees Association visited the Museum as part of an Historical Society meeting. Dresses, documents and photos from the collection were brought out for the presentation by former Lucas employee Kath Leonard. The Museum hosted the History Council of Victoria’s symposium ‘Lest We Forget: remembering Australia at war’, which focused on researching and writing the history of war and its impact. Several items have also been loaned to the Shrine of Remembrance for an exhibition on Avenues of Honour which opened in April. On New Year’s Day, the Museum was flooded in six locations, primarily affecting the retail office and staff offices, and research and storage areas. The damage caused considerable upheaval in the collection and work areas. However, because of the excellent work done by staff and volunteers over recent years to improve the storage of collections, the overall damage to items was minimal. A remarkable clean up effort meant that the Museum was open to the public within hours, but the work in the back-of-house areas was considerable in the ensuing weeks as the environment was restored. A new compactus unit has also been installed, creating additional space for recent acquisitions and for holding items previously kept in temporary storage. In what has been a challenging year, the support and guidance of the Gold Museum Committee, chaired by Jane Cowles, has been much appreciated. 35 "Volunteer time provided at Sovereign Hill and the Gold Museum exceeded 24,000 hours - a remarkable contribution of time, skill and energy." 36 our volunteers friends of sovereign hill The Friends of Sovereign Hill contribute to the life of the Outdoor Museum in many ways. One of the most important is the enrichment volunteer interpreters provide in conversation with our visitors. This year, the FOSH have offered a wide range of interpretive activities unique to our special place. Visitors are always curious about the costumes worn by our interpreters, especially the mystery of what is underneath. FOSH ladies have been showing visitors the different types of underwear worn by women in the 1850s, and the sequence of getting dressed in the appropriate layers of garments – all on a dressmaker’s model, of course! Games and the way they were played can be very telling in what they reveal about people across the decades – their lives, their manners and their humanity. In our parlours, FOSH play many 19th-century games with visitors – cards, chess, ‘Snakes and Ladders’, ‘Nine Men’s Morris’, ‘The Old Goose Game’, ‘Chinese Checkers’, ‘Shove Halfpenny’, knucklebones (with real bones), wooden spinning tops, bagatelle, draughts, dominoes and solitaire. In coming months, even more board games of the 1850s will be introduced. FOSH play an important role in supporting the costumed schools program by conducting orientation tours of the Township and Diggings for excited primary school students on their first morning at Sovereign Hill. Guided by their FOSH ‘walker’, the children learn quickly about their role-play, and 1850s manners and what was expected of children – as well as the layout of our goldfields township. It is so rewarding to see how the students’ perspectives and expectations can be shifted in this wonderful immersive experience. The support of volunteers with expert knowledge in trades and crafts is vital in helping the Ragged School students gain experience in the heritage trades practised around the Outdoor Museum. This year’s additions to the options provided by The workings of the water pump are a constant source of fascination for the younger generation. 37 Our volunteers support Sovereign Hill and the Gold Museum in many ways. top Ron Wheaton gives a goldpanning lesson on the Red Hill Gully Diggings. centre Members of the Gold Museum Society, such as Alex Ball and Fran Zamurs, play a vital role in caring for our collections. Here, they are making sure that the historical costumes are correctly stored. bottom A large group of ‘Friends’ travelled to Melbourne with Jeremy Johnson and Sovereign Hill staff to promote V/Line’s new ‘Goldrush Special’ − a daily train service offering visitors the option of a return trip to Ballarat. (Picture: V-Line) volunteers included gardening, and crafts typical of the goldfields period: needlework, scrimshaw and making a wooden wheel spoke. In the wider community, the ‘Friends’ are great advocates for Sovereign Hill and promote our interpretive programs and events, as well as opportunities for satisfying volunteer roles. As always, the generous commitment of the FOSH Committee and its President, Gael Sjogren, along with that of the ‘Friends’ themselves, has been very much appreciated. Gold Museum Society The breadth of activities supported by the Gold Museum Society continues to expand, and members’ voluntary time over the year accumulated to more than 3,500 hours – a remarkable contribution of time, skill and energy. Front-of-house roles in providing guided tours of the Museum and its exhibits and programs make an enormous contribution to visitors’ enjoyment of the Gold Museum. Conversations between volunteers and visitors enhance the visit, making it a more personal and fulfilling experience. A new training program called ‘Making Connections’ was developed this year by Sovereign Hill Education to further strengthen our volunteers’ skills in communicating with visitors. 38 The Touch Trolley remains a popular activity, giving visitors an opportunity to find out about a range of intriguing items in the collections, and to try some detective analysis to determine the purpose of some of the more mysterious objects. Volunteers have also shown the range of their skills in supporting the Sovereign Hill school holiday programs, especially with storytelling and activities with children and families. Each year, in the back rooms of the Gold Museum, volunteers take on over thirty projects in a range of disciplines and roles. A major project has had volunteers checking, photographing, repacking and re-labelling hundreds of our historical costumes. Other volunteers are transcribing diaries and hand-written documents, researching biographies of Ballarat pioneers, scanning and indexing photographs, identifying vehicles in 20th century photos, cataloguing recent acquisitions and organising collections of archives. Gold Museum Society volunteers have also been conducting collection care work in the Outdoor Museum exhibits, beginning with checking and documenting the Museum objects housed in the Criterion Store and the Post Office. This follows on from work done in the Apothecaries’ Hall, and is part of a major project to significantly improve our capacity to manage the distributed collection in Outdoor Museum exhibits. The Society has co-ordinated an active meeting program to promote learning around enjoyable social occasions. Speakers have covered many diverse topics. Jeremy Johnson spoke on Sovereign Hill’s continued development while others shared reports on visits to overseas museums and heritage places. Guest speakers extended members’ knowledge on new exhibits in the Gold Museum: Topsy Nevett presented on the Ballarat Agricultural and Pastoral Society and John Sharples on the Simon coin collection. Members’ personal reminiscences relating to the City’s history included Don Hirth on his history as a target shooter, Peter Butters on police history, Bev Shears and Walter Robson on aspects of goldfields life, and Barry Hore on heritage wheel-making. In May, the Society toured Talbot and Avoca, visiting the local historical societies and touring noteworthy sites in the area. The Museum is very grateful to the Gold Museum Society for its donation of a new data projector for use at Gold Museum meetings. The Gold Museum Society, and its hardworking committee, remain a source of invaluable support to the life of the Gold Museum. 39 "Narmbool is an important element of Sovereign Hill's activities and has developed as a very impressive resource ..." narmbool 40 Victoria’s new Governor, Professor David de Kretser, visited Narmbool in November, having accepted our invitation to be appointed as Narmbool’s Patron. The Hon. John Lenders, then State Education Minister, also made a visit in June to inspect the Narmbool Lodge and Environmental Learning Centre facilities. Although the program has been expertly presented by our teachers − Peter Hoban, Andrew Orr, Richard McLean and Mathew Dowler − we have not been as successful as we had hoped in attracting Government schools. The Minister’s interest in visiting was a significant step towards addressing this issue. Once again this year, we have received very strong support from our major donors who helped with contributions to the cost of lessadvantaged schools participating in the school camps, and with a range of capital works. With Prime Television’s generous assistance, we have also produced a Narmbool DVD and a ‘Bug Blitz’ DVD to assist with promoting our programs within schools. The ‘Bug Blitz’ environmental science program, in particular, is now well established as a unique and high quality learning experience. It is generously subsidised by The Hugh D T Williamson Foundation in a close partnership arrangement. We plan to involve the Melbourne Museum in this program to extend its breadth of resources. The Melbourne University Australian Centre is also interested in becoming involved in thematic studies of the history of Narmbool, with particular reference to its environmental history. Several unsuccessful applications have been made to Foundations in support of the proposal to build a multi-purpose room at Narmbool Lodge. This facility would provide greater versatility there, and we will continue to pursue its funding. Although the drought has been a difficult period for primary production, the farm itself has weathered the harsh conditions under the very capable management of the lessee’s Farm Manager, Peter Rooney. Development of the homestead garden over recent years has been extensive, with the newlyestablished sections coping well, despite drought conditions. The garden is a credit to the commitment of Robin Ferry, whose passion for it is inspirational. It provides a beautiful backdrop for wedding receptions, conferences and Sunday lunches which have again been popular commercial activities for our catering contractors, Delaware North Companies Australia Ltd. Narmbool is an important element of Sovereign Hill’s activities and has developed as a very impressive resource, particularly for the public and private education sectors in Victoria. Its future is very exciting! top Narmbool is the perfect environment for a ‘Bug Blitz’. centre Peter Rooney manages Narmbool’s farming operations. bottom Lush country gardens and fine dining make Narmbool a very special setting for weddings. (Picture: Tim Scanlon) 41 "Museums are places of learning with so much to offer schools across the whole curriculum." education The 2006 History Summit in Canberra focused national attention on the position of history in our schools and in our national life. The Summit communiqué affirmed that: ‘Australia is one of the world’s oldest, continuous democracies. A knowledge of our history is therefore vital. Nearly all of the crucial public debates embody an appeal to history.’ The Summit reinforced the importance of teaching history through open questions designed to explore the development of our democracy and the patterns in our national story. Subsequent discussions on history curriculum development have focused on classroom initiatives to improve learning outcomes for teachers and students. However, the most effective way of engaging students in learning about their heritage is to ground them in the artefacts and stories of that heritage in their world today − the places, objects, artworks, documents, technology, sounds, images and so much more that are the means of connecting us across the generations of our experience in this land. It is so important that students as young learners with a diversity of learning styles are given opportunities to feel something for their heritage − to respond to it emotionally and physically, as well as cognitively. Museums are places of learning with so much to offer schools across the whole curriculum. The Summit showed a need for new approaches to teaching history − to enrich it for students, to find ways of making it personally meaningful and relevant. This is what we continually strive to achieve in our education programs at Sovereign Hill. And it is not just in history − Sovereign Hill is a rich environment for learning about science, technology, geography and economics, for using information and communications technology, and for promoting group as well as personal learning. 42 Students visiting our costumed schools immerse themselves in the experiences of life as a child on the goldfields. 43 left There is plenty of real gold to be found in the Red Hill Gully Creek. right Sovereign Hill Education programs are based on entertaining, 'hands-on' activities. Nor is it just for students. One of the highlights over the past year was the ‘Brush up on your Australian History’ symposium at Sovereign Hill. It was crowded with both new and experienced teachers looking for resources, teaching strategies and ideas to support their classroom activities. In 2001, Sovereign Hill began a project to take up the recommendations of Professor Tony Taylor’s report on the teaching of Australian History in schools. We established a forum (now a learning circle supported by some Commonwealth funding) to support history teachers in our region by forming a network of their peers, and by providing research project opportunities, and professional development. Our aim was to help break down the 44 isolation Professor Taylor identified as a significant factor for teachers trained in history method, but locked (at that time) into a ‘Studies of Society and Environment’ curriculum, and geographically isolated in regional areas where opportunities for support and an exchange of ideas are not so readily available as for their metropolitan colleagues. We are finding young teachers who need mentors to broaden their knowledge of the history they have to teach − to learn where the tangible artefacts of that history are accessible, and how to use them in their teaching, and to form links with those who hold the intangible artefacts of knowledge, memories, and stories of people in their local communities. Our forum projects have provided opportunities for teams of students to engage with the real artefacts of history − the heritage collections, the historic and significant places, the people who have experienced great and ordinary things. Students have produced exhibitions in the Gold Museum on themes as varied as animals on the goldfields, goldfields sports and games, and the weather and its impact on life in Ballarat. Others to come will include costume and fashion. Those experiences are critical in creating a wider audience for history in schools. It is important that students who do not choose history as a vocation are stimulated in their exposure to it at school − to develop an understanding of why it is important, and how widely relevant it is in so many other disciplines. Students with talents and interests in film, theatre, writing and speaking, performance, forensic analysis, science and maths, technology, the fine arts, economics and geography can all contribute to telling the stories of history in their school studies, and within the discipline of history. left Students learn about the multicultural experience of living on the goldfields. right The sheer drudgery of maintaining a household on the goldfields is a surprise for students of today. A vibrant new brochure promoting Sovereign Hill Education has been successful in promoting awareness of the rich experiences for students of all ages at Sovereign Hill, and in focusing around key themes which link to the classroom curriculum. Our ‘Chinese on the Goldfields’, ‘Gold Fever’ and ‘Goldrush Immigration’ programs have been particularly popular. During NAIDOC Week, we hosted the Beizam Koedal Indigenous 45 opposite page Out on the trail and in the Environmental Learning Centre at Narmbool, Sovereign Hill Education Officers Peter Hoban, above, and Andrew Orr, centre, share the 'Bug Blitz' experience with visiting students. dance group to perform in the Victoria Theatre for local primary schools. A new program is being developed for the Chinese Camp experience, and more schools are taking on programs using Information Communication Technologies to make a visit to Sovereign Hill a more personal and memorable learning experience by making films, image libraries and their own digital stories. The new ‘Race around the Hill’ program was trialled successfully for school students and teachers exploring Sovereign Hill on their own. The program helps promote team-based learning strategies and problem-solving skills. In the months ahead, additional resources (including sound files and images) will be provided on-line to support preparatory and post-visit learning activities. Support from our partners in museums education has again been crucial: the Department of Education and Training in the Strategic Partnerships Program; the Catholic Education Commission in the Placed Teacher Program; and all our local schools who enjoy the benefits of our Affiliated Schools membership. The new Sovereign Hill teacher membership scheme, launched in 2007, has been a great success, 46 with 516 members in our first six months signing up for a free membership to keep in touch with new initiatives for student programs and teacher professional development. A Code of Conduct was introduced this year to provide a framework of mutual responsibilities for schools visiting Sovereign Hill. The Code reinforces the importance of safe and respectful behaviours so that all visitors, staff and volunteers can enjoy the Sovereign Hill experience. The second ‘Bug Blitz’, held at Narmbool in November 2006, was a great success thanks to the continued support of The Hugh D T Williamson Foundation. The program had teams of ten students from six schools in regional Victoria spending three days exploring Narmbool’s insect diversity. The program is a unique combination of the arts and sciences. The scientific fieldwork has students working alongside scientists from our partner institution, Museum Victoria, finding insects in water, grassland and bushland. They then identify the physical characteristics of the insects that help them survive in their habitats. The arts provide the means for students to communicate what they have learned to others, and to share the social aspects of the camp. The ‘Bug Blitz’ is an important program for promoting more informed environmental citizenship and leadership. With the support of The Williamson Foundation, the Environmental Learning Centre has been equipped with a highpowered video microscope so that students and educators can cluster around it for detailed examination of insect specimens; and internet access so that on-line resources can be accessible to students in Narmbool programs. Collections databases in Australia’s natural history museums, particularly Museum Victoria’s ‘Bioinformatics’ internet site, are an important educational resource. A new program has been developed for schools attending the Sovereign Hill School program.Visiting schools can now extend their visit to Sovereign Hill by an additional day and night for a special environmental discovery program. The ‘People to People’ groups from the United States are an important new market and, in the most recent visit, participants also visited Narmbool, exploring part of Australia’s natural heritage by day and its wondrous skies by night. 47 left Maria Kavanagh, right, and students from the St Alipius Parish School, Ballarat, listened carefully as Marion Snowden conducted the first class in the St Alipius Diggings School at Sovereign Hill. top right ‘Play time’ at St Peter’s Denominational School teaches students about the simple amusements available to 19th-century children. bottom right Michael Ward keeps a close eye on students at the Red Hill National School. 48 The Sovereign Hill School The year has been one of milestone developments for the Sovereign Hill School. The opening of St Alipius Diggings School on 2 February this year was a major highlight. This new school will strengthen our presentation of Ballarat’s goldfields schools, telling the story of the Irish Catholic contribution to early Australian education and, at the same time, bringing to Sovereign Hill an historical representation of the first school in Ballarat. Most appropriately, students from the present day St Alipius Parish School, expertly taught by Marion Snowden, were the first group to use the school. Peter Featherston and Kathryn Steele have now been appointed to share the permanent teaching duties in the new school. Other developments have included the relocation of the Ragged School and the building of change rooms in the recently constructed Steinfeld’s Accommodation. The installation of split system heating and cooling has improved Beazley’s change rooms. Sovereign Hill was assisted by the School in works to maintain and develop its school grounds through a Department of Education grant for the ‘Schoolyard Blitz’ program. The on-going work of Chris Hutton and his team has been invaluable in ensuring that students enjoy a safe and comfortable environment. Sovereign Hill’s visitors constantly marvel at the costumed role-play program offered in the four schools. That this program is unique was confirmed by Principal, Michael Ward, when he presented a workshop called ‘Identity in the 1850s’, promoting our costumed schools program at this year’s 12th International Symposium for Museum Schools. The group, which met in Norway for the symposium, has formalised itself under the title of ‘Preservation of the School History Heritage in Europe’. The Sovereign Hill School will join this European Union as an associate member. Such contacts and experiences foster important networking opportunities and allow teachers to learn from what similar schools are doing around the world, especially in Europe. On 22 February this year, Catherine King MP presented Jeff Fyffe and Graeme Hewitt with the School’s inaugural Catherine King Community Service Awards. Jeff was nominated for his services as Principal for over 14 years and Graeme for his contribution as a School Councillor and President, for 20 years and 10 years, respectively. Graeme has also retired as President of the School Council after 10 years of dedicated leadership. His successor, Mark Warwick, will continue this valuable work. The success of the Sovereign Hill School is a testament to the work of many people. The School is grateful to its School Council and its teachers, who, in addition to those mentioned above, include Sheryn Mitchell and Alison Middleton. The contribution of Sovereign Hill’s Management team − especially Tim Sullivan − and its staff and volunteers is also much appreciated. top left Students from the Ragged School visit Sovereign Hill’s workshops and factories to learn about 19th-century trades. bottom left Sheryn Mitchell instructs a student in 19th-century classroom etiquette. right The first official class photo from Sovereign Hill’s Diggings School shows Philip Ollerenshaw, left, his students from Ballarat’s St Alipius Parish School, and Marion Snowden from the Sovereign Hill School. 49 special occasions Special Occasions this page At the 2007 President’s Dinner, the Hon John Cain and Nancye Cain, right, joined Patrick and Julia Greene for drinks. Damien Butler and Penny Russell were guests at the launch of Sovereign Hill’s history. Mr Liang Shugen, the Chinese Consul General in Melbourne, was welcomed as a guest of honour to the opening of the Chinese Camp by Lilian Sun, Sovereign Hill’s new International Marketing Manager. At the opening of St Alipius Diggings School, Annmaree Perry, left, and Sue Pohl congratulated Doug Sarah on his award of an OAM. opposite centre On 9 November 2006, the Governor of Victoria, Prof. David de Kretser, paid his first visit to Narmbool as its Patron. Governor and Mrs de Kretser, centre, toured the property with Tim Sullivan and Robin Ferry. 50 Lloyd Jenkins, left, David Thompson and Bruce McKnight were guests at the launch of the Sovereign Hill history. At Narmbool on 27 November, 2006, Bill McGregor was presented with a DVD recording his achievements in a ‘This is Your Life’ presentation. Richard Nicholson, left, Robert Selkirk, centre left, and Barry Lonsdale, right, spoke of Bill’s contribution to Sovereign Hill. opposite right Bruce Clark, right, reminisced with Ruth RiceJones, and Founding Board Members Ewan Jones, left, and Barry McOrist at the launch of the Sovereign Hill history. Catherine King MP presented Community Service Awards to proud recipients Jeff Fyffe, left, and Graeme Hewitt. Robert and Noelle Hinchey, left, celebrated the year’s achievements with Colin Prowse at the Board’s Christmas meeting. St Alipius Diggings School was opened by Stephen Elder, Director of Catholic Education. He is seen here, Jeremy Johnson, right, and Voi Williams welcomed David Battersby to the media launch of the right, enjoying the company of Richard Nicholson, left, Jeremy Johnson and Bishop Peter Connors. Sovereign Hill history in the Theatre Retiring Room on 19 October 2006. 51 Bill McGregor OAM Bill and Rosie McGregor proudly display a framed gold nugget presented to Bill at the 2006 Annual General Meeting in appreciation of his contribution to our Association. 52 In 1966, a young Bill McGregor agreed to go to a meeting at which the Ballarat Historical Park Association was to be formed. from 1973-75 and again from 1985-87, and has been the Association’s solicitor since its inception. He had been asked by Doug Cowles, Managing Director of ‘The Ballarat Courier’, to help out in his capacity as a lawyer with transforming this new idea into a reality. As a member of Ballarat Apex Club, community service came naturally to Bill, and he agreed to go. In 2000, working with Jeremy Johnson, and Greg Leece from the Lands Department, Bill assisted in securing State legislation for a further 50-year lease for the Sovereign Hill site, and the consolidation of its accumulated leasehold land into a single Crown Land reservation. Little did he know that this would lead to an association with Sovereign Hill that would see him achieve 40 years’ service as a Board Member, including 28 years as Chairman of the Gold Museum Committee. Bill’s wise advice guided the Association through many complex legal issues over the past 40 years. He has also been an extraordinarily generous supporter − with both voluntary time and financial assistance. Bill’s service to Sovereign Hill and the wider community, particularly to tertiary education, was richly recognised earlier this year with the award of a Medal in the Order of Australia in the 2007 Australian Honours Listing. In his work for Sovereign Hill, Bill has always taken great delight in involving his wife, Rosie, and their children − Hamish, Hugh and Anna. Indeed, as a family, the McGregor clan has never known life without Sovereign Hill! Among Bill’s major contributions to Sovereign Hill were capital fundraising, and drafting of the original Memorandum and Articles of Association, which formally constituted the Association on 29 March 1967. He served two 2-year terms as Board President, Bill’s exemplary service as a Founding Father of Sovereign Hill is very appropriately acknowledged in this Report to mark his retirement from the Board on 28 November 2006. Jeremy Johnson Major Sponsors and Donors Major Sponsors Cadbury Schweppes Pty Ltd Channel 7 Nestlé Peters Prime Television Ballarat Radio Ballarat Pty Ltd The Courier Tooheys Pty Ltd WIN Television The George Alexander Foundation The Hugh D T Williamson Foundation Montgomery Foundation Pty Ltd D W Security Pty Ltd Delacombe Medical Centre Eureka Concrete FMP Group Pty Ltd Gallagher Jeffs Gekko Systems Gold Corporation Haymes Paint Imerys Minerals Australia J B Cameron Pty Ltd John Valves Ken Heres Bobcat & Backhoe Hire Lake Imaging Lisa Lodge Neighbourhood Cable Oliver Footwear Online Personnel Prime Television Prowse Perrin & Twomey Reclink Australia Rural Press Printing Ballarat Sargeant Transport Pty Ltd Selkirk Brick Pty Ltd Sovereign Park Motor Inn St George Bank Steven Coltman Telstra Country Wide The Diggers Hut UFS Dispensaries Ltd University of Ballarat Narmbool Trust Appeal Estate of E C Webb Ferry A S & R F M Corporate Members ACU National Allied Mills Australia Pty Ltd Austbrokers Australia Post Australian Timken Pty Ltd Ballarat Turf Club Butler Pty Ltd C E Bartlett Pty Ltd Central Highlands Water CGU Insurance Child & Family Services Ballarat City of Ballarat Commonwealth Bank Concept Cleaning Supplies Cops ‘n’ Kids Crawford Dowling Pty Ltd 53 The Sovereign Hill Foundation Formed in 1995, the Sovereign Hill Foundation has as its objective to underpin Sovereign Hill’s longterm financial viability by raising a corpus of funds to be invested in perpetuity. The Foundation is managed by its Chairman, Janet Cowles, and an experienced Board of Trustees: St Alipius Diggings School at Sovereign Hill was replicated from a sketch by the goldfields artist, Eugène von Guérard, of the original Catholic Church at Gravel Pit in 1854. Donations to The Sovereign Hill Foundation are supporting projects such as this which help to educate children in Australian history. Angela Carey Bruce Clark Jane Cowles Peter Davies Jeremy Johnson Stephen Moneghetti Colin Prowse Doug Sarah At their discretion, interest earned on The Foundation’s investments may be allocated to support Sovereign Hill’s operations. Over the year, the Foundation successfully met the $200,000 target of its 10th Anniversary Appeal. It also achieved the remarkable milestone of having reached its original objective – to raise $1m in its corpus. To help reach this objective, the Sovereign Hill Board transferred funds to the Foundation during the year. It also resolved, as a policy, to transfer the annual donation component of our Prospectors’ memberships. 54 In April 2007, the Trustees launched an ongoing appeal – Help Us Meet the Challenge – to encourage donors to continue their generous support for the Foundation. By the end of June, this appeal had reached over $40,000. The Foundation is in an accumulation phase at present. The outstanding support of our very generous donors and benefactors has been remarkable, with the Gold Members, in particular, having been to the fore in this regard. The Federal Government has recently made taxation law amendments that will encourage greater levels of private philanthropy. Our Foundation is well placed to be a beneficiary of these legislative changes. All donations to The Sovereign Hill Foundation are tax deductible. The Foundation is also able to receive bequests. THE 10th ANNIVERSARY APPEAL 2005 GOLD MEMBERS Ainsworth J B Apex Club of Ballarat Brace Education Training & Employment Ltd Brooke D Brown, Estate of Gladys M Byrne M L Coburn P & P Coltman C Coltman S The Courier Cowles J E Cowles J I Heinz J & G Heinz W H & P Howes I & B John & Catherine Davis’ Great Outdoor Centre Johnson J & A Jones E & R Kannourakis G Karmouche D & J Lyons N & L Lloyd T Mason K & L McCarthy P Perrin K Plush J & M Prowse C R Prowse S E Robson V G Ross M S Sarah A D Shaw J Selkirk J Stephen W F Stephen M T Stobo T & C Davies P J Davies P R Davies S Eureka Concrete Evans & Metcalfe Fisken P Garrisson V Hassett B McGregor W & R McKnight B & K Nelson J Nicholson E J Nicholson P C Nicholson R Oliver N O’Sullivan D Tennant A & D Tol M Troon G H & A J University of Ballarat Vogan A & G Webster J & M Williams V Davies Bakery Herring M Hook R House B & E McQuilten J O’Grady B & J Sheedy M & L Squire R & N Taylor J & W Torney G W Valentine N Whitfield C DONORS Beaumont M & L Button J N Cartledge R & L Clark B C Conheady C Dale J Dalton R & M ‘HELP US MEET THE CHALLENGE’ APPEAL 2007 GOLD MEMBERS Bate W Butler D Brown Estate of Gladys M Cowles J I James B McCarthy P Oliver N Prowse S E Ramsay D Sarah V Smith I C Smith M Troon G H Webster M Williams V Young N Pleydell R Robinson J Robson V G Lyons N & L Herring M Hook R Hamer, Lady A DONORS Broadbent M Coltman S Gribble I Heinz G 55 Prospectors' Club The Sovereign Hill Prospectors have enjoyed an interesting program of events over the year. Special previews of the Steinfeld’s project, the Chinese Camp redevelopment and Linton Cottage conference facility were well attended, as were drinks with the President and late night shopping for Christmas. Colin and Shirley Prowse enjoyed a chat with Steve Moneghetti, right, at a function held to showcase Linton Cottage to the Prospectors. As part of their annual subscription, Prospectors donate a significant sum which is now invested in perpetuity as part of The Sovereign Hill Foundation. As well, this year, the Prospectors generously supported the commissioning of design plans for a new children’s playground, based on a mining theme, for a site near the Kiosk and Post Office Dam. This special supporter coterie was formed in 1989. Its Patrons are the City’s Historian, Professor Weston Bate, and Ballarat’s international marathon athlete, Steve Moneghetti. Patrons Bate W Moneghetti S Members Ashley G Ball D Beechey D Bowman B Bradie D Brooke D Burt D Campana T Carter R Chandler I Chapman W Chester D Clamp P Coltman B Corcoran I Cowles J E Cowles J I Cronin D 56 Cross R Dale J Daunt M Davies P J Davis J Everist M Fisken P Gay J Gibney M Gow D Griffiths B Hayden R Hewitt G Hope P Hunt I Kannourakis G Karmouche D Lance G Lowe A Lyons N Marshall P McGregor W McKnight B McKnight D Miller J Moss S Nelson J Nicholson E J Oliver N Owen G Perrin K Perry A Pierce J Plaatzer W Prowse C Pryor W J Russell J Selkirk J Selkirk R J Smith J Spittle G H Taylor R Thomson B Tobin S Troon G Valentine P Webster M Wilkie G Wilkins R Williams J Williams V The Sovereign Hill Museums Association Mayor of the City of Ballarat, Cr David Vendy The Hon. John Cain The Hon. Jeffrey Kennett The Hon. Steve Bracks Patrons Patron of narmbool trust The Governor of Victoria, Prof. David de Kretser Board Members President Vice-President R Nicholson A Perry S Baird D Butler B Clark S Coltman J Cowles P Davies R Hinchey T Lloyd (from 19/3/07) B Lonsdale W McGregor B McKnight C Prowse D Sarah R Selkirk V Williams Chief Executive Officer J Johnson Deputy CEO, Museums Director T Sullivan Executive Management Director – Creative & Design Director – Engineering Director – Finance & Corporate Services Director – Marketing Director – Commercial Operations Gold Museum Manager/Curator & Deputy Museums Director Chairmen of Committees Audit & Compliance Committee Finance Committee Gold Museum Committee Mining Museum Committee Outdoor Museum Committee President’s Advisory Committee Narmbool Trust Sir Henry Bolte Trust The Sovereign Hill Foundation (to 28/11/06) J Zulic J Lewis P Clifford G Burns W Peters R Trudgeon S Baird C Prowse (to 27/11/06) D Butler (from 27/11/06) B McKnight (to 27/11/06) J E Cowles (from 27/11/06) B Clark A Perry R Nicholson C Prowse W McGregor J I Cowles 57 The Sovereign Hill Museums Association We are grateful for the on-going support of the following members of the community who serve on Board Committees, Trusts and Foundations associated with Sovereign Hill: M Akers D Ball M Byrne A Carey M Carlson J I Cowles H Conder P Cox R Croggon D Douglass J Eedle S Elder M Ferguson A Ferry R Ferry G Hedditch P Hiscock W Jacobs S Moneghetti I Smith W Stephen R Taylor D Thompson L Thompson N Valentine Auditors Bankers History Consultant Mining Consultant Numismatics Consultant Solicitor Evans & Metcalfe Bank of Melbourne W Bate P Darveniza J Sharples W McGregor Leased Business Managers Catering Soho Foundry & Clarke Bros Tinsmiths The Ballarat Times Delaware North Companies Australia Pty Ltd P & F Bilney R & L McArthur Sovereign Hill Education Dowler M Hoban P Kierce A Littlejohn M McLean R Orr A Pohl S Sovereign Hill School Featherston P Middleton A Mitchell S 58 Snowden M Steele K Ward M The Sovereign Hill Museums Association Life Governors Jones E C McGregor W H O’Sullivan D M Prowse C R Stephen W F Ainsworth J B Akers M T Baird A Baird I Baird K D Baird S E Bartrop B Creelman T Crouch N Davies P J Davies P R Duffy P Dunne M Edwards N J Haymes D Hedditch G Heres K Herman J L Hiscock P McL Hocking D Home I McCarthy P McFarlane J McGrath D McGregor H McGregor R McKay H McKnight B O’Sullivan M Peuker H Pleydell C R Prowse G D Prowse R Prowse S L Radford M Thacore V Thompson L H S Thomson G Timken W J Titheridge N W Tobin F L Torney G W Bate W Benjamin T M Bennett R L Blomley D Bowman B Brown G W Bunning P R Butler D Butler K Byrne M Byrne P M Byrne T J Chester C Christie R B Clark B Coburn C Coburn I Coburn P I Coburn P J Coghlan C C Coutts L Cowles J E Cowles J I Crabb S Craig O Evans L Fairfax J B Fairhurst J Farnell M R Faulkner J Faull J Feilman P Ferry A S Ferry R F FitzGerald D Garrisson B Garrisson C Garrisson H Garrisson V Gilbert J Gordon J Goy I Grant C L Gribble N Griffin J Griffiths W Hayden J Hayden M Hayden P Hayden R Hornsby R Howard M Hunt R V M Hunt V D U Inglis R Jackman R James B James D Jenkins L Jens N Jones C E Jones D K Jones P K Judd P Kelleher L Kennard D Kinchington T Lance G Langton B Liebelt J Lonsdale B J Lyons G N Lyons N McBain G McCarthy B McKnight I McKnight T McKnight W Mann P L Martino N Mason J Mason K Mason L Matthews R E Montgomery T Morrow B Moss D Moss S Myer B Myer S Nemeth R Nicholson A W Nicholson J E Nicholson P C Nunn B O’Meara T O'Shea J A O’Sullivan F O’Sullivan F C O’Sullivan J Ramsay T D Rice-Jones R Robertson H G Robinson R J Robson V G Runnalls T M Sarah A D Sarah V Schmid R Scott D Segrave B Selkirk I Selkirk J Selkirk R J Shaw J S Sheludko V Smith M G Spicer E J Stephen J Stephen M T Stepnell J Stone L E Stone P C D Sweeney F Taylor P L Troon A Troon G H Troon R Troon S Turner P Twomey C Vagg F Valentine N Vogan A Webb O Webster M Wilkie E Wilkie R Williams C Williams V Wilson P R Life Members 59 Staff Allen H Allen D Alpen M Anderson L Anglim D Arnott W Ashman C Atkinson W Baker H Baker N Barrins M Beckwith P Bedggood C Bian C Bignell B Bignell T Billerwell R Binns M Bishop G Blood E Bloom A Bodman K Boersma J Borner L Borschman T Bothe S Boyko M Bradley L Bray G Bray P Bredin R Brogden G Brown N Brown L Brown C Bull R Burns J Burton I Butler G Butterworth E Byron M Caldwell K Caldwell I Carey J Caris S Carroll J Chaffey C 60 Chen Z Clark R Collins L Collins I Collins M Colman M Colquhoun R Constable J Cook S Cooper T Cooper L Cowan N Cox F Crane J Crane L Croggon J Curran P Cuthbertson K Daniell G Den Ouden V Dirks D Dowler P Drew S Drummond M Duffin D East M Edgington B Eldridge S Elkins N Elliott K Farnell M Faulkner K Faull C Faull S Ferguson J Finch J Fisher G Fletcher R Foote G Ford C Foster D Franc J Francis A Fryer J Gamble P Gervasoni J Gervasoni F Geurts T Gilbert J Goldsmith B Gooding E Gowans N Grant C Gray M Hammond R Handley C Hardy M Harris B Harrison M Hart G Hart C Hartmann C Hartmann L Harvey R Hayley L Headland K Heinrich T Henderson A Herbert S Herbert M Hocking D Hodge B Hore B Horne C Horne L Howes B Hughes D Hunter P Hutton C Ingram S Ioannucci S Jarvis K Jeffries P Jenkin B Jephcott J Johnson L Johnson L Johnson K Johnstone M Jolly R Jones M Kaess M Kay B Keating S Kennedy P Klein J Kneeshaw S Knight O Kramer O Kyi A Lacy M Lamond C Lamport C Larkins A Leach K Lee B Leith J Lewis T Lewis C Licastro D Lillie A Liu E Lomas M Long T Lynch P Macauley R Madden J Maggi K Maher A Maloney R Marks M Marshall B Mason C McGavin G McGeary K McNeil L Mei K Merritt W Meyers D Millar K Mitchell R Mooney E Morcombe K Moss K Mroczkowski Z Muir C Murphy J Neal A Nestor N Newell N Nicholas M O’Brien M O’Brien L O’Neill G O’Shea A Ogilvie S Osborne D Page A Page J Peacock A Pearce L Perkins D Pezzutti R Pigdon J Pigdon M Pilven O Pimblett D Pipkorn A Pitman R Prenc A Prosser G Pryor L Ram J Ramsay L Ranken S Rankin N Reid A Riddiford M Robinson D Rowe M Rowe C Rowe D Ryan A Schaper P Schellens G Schenk R Scott W Sculley S Searle L Searle L Severino P Sexton N Sharp K Sharpe A Shepherd K Smith M Smithers H Steenwyk R Stevens V Stevenson G Stiff I Stokes J Stoneman D Stoneman J Stowe K Stronach P Sun L Suter K Sutton S Sutton D Taylor L Taylor C Taylor K Taylor L Taylor N Tink A Tobin D Tonkin L Tonkin D Trotter B Ure J Valentine S Van Raaphorst N Vanderkley C Warr P Watson K Watson X Watson J Watson S White T Widdop B Wilde S Wilkinson S Wilson P Wood P Wright S Wu J Wynd P Xiancai I Young A Young G Zhang E Zhong L Zhu R Zhu R Friends of Sovereign Hill Alcorn F Allen A Allen B Allen B Allen C Allen K Allen W Anderson K Aragona A Aragona S Ashley C Ashley E Baker A Baker I Baker L Baker M Baum L Bell K Belshaw H Bessems M Bessems M Boyko M Brae J Bristow V Brogden M Brogden P Brooks C Budge S Budge T Budge Z Calistro D Campbell B Campbell T Carter R Carter S Cartledge L Chenery R Chenery T Clark M Clark R Clark V Cleeman M Clowes J Clowes M Cluff B Cook R Coventry M Cowen E Cox P Cullen B Dainton P Dainton S Ellis C Evans L Flynn B Franklin J Fuller J Gavan B Gellert A Gellert B Gellert E Gellert E Gellert T George L Gillespie P Gray B Hankin W Harrison J Havard V Hayes S Hedgcock R Herbert M Herbert S Herbert S Heyward M Hill J Hogbin C Hogbin E Hogbin M House E Howard J Howard-Robbins L Howgate K Hyde E Hyde L Jones B Jones C Jones E Jones J Jones J Jones M Karmouche D Kentish S Kilby G Knight L Knight M Ladner C Ladner K Ladner K Ladner K Laidler P Lamport P Lewis J Liney P Little J Llewellyn W Lukeis J Lukeis R McCausland B McClean A McClean G McCracken N McFerran R Maberly E Macey S Maloney M Meek M Melville I Millar M Miller J Morris M Murphy G Newey B Newey C Nyberg R Oakley B Oakley C O’Connor R O’Connor T O’Hagan D Olsen C Olsen J Olsen J Olsen Z O’Loughlin H Orchard B Osbourne J Parker J Pearce J Pepper M Phillips G Phillips J Powell G Reasons J Redfern J Reus B Richards B Roach A Roadley M Robe L Roberts L Robson Dr W Rochelmeyer C Rochelmeyer E Rochelmeyer G Rochelmeyer J Rosewarne K Rosewarne M Rosewarne V Scott B Sellens W Sep R Sheppard L Singleton A Singleton J Sjogren G Smith A Smith D Smith G Smith K Steinman M Stewart I Stewart J Stewart N Summersgill L Suttie R Taylor S Thomas M Thorne K Thornhill N Thornhill N Thorpe L Tolliday A Vagg K Van Duin B Van Duin T Van Egmond E Van Egmond K Vanstan K Walden S Wheaton R Whitthread K Wilkins R Williams G Windsor M Wright T Wright L Wright E Ziccone K Zilveris E Zilveris Z Gold Museum Society Allitt J Ball A Beggs-Sunter A Binns G Blythman M Bradby D Brown R Christie H Christie R Clark M Cowles J E Cowles J I Crick A Crick J Curnow M Curnow R Denham B Doggett A Douglas D Douglas G Eedle J Eedle M Fammartino M Heinz G Henderson D Henderson J Hirth D Hope P Karmouche D Kent T Kinloch H Lacy B Llewellyn W Llewellyn N Luhrs M Maberly E Maberly J Maidment E Manning D Martin Z Maxwell D May M McCracken N Miller J Mitchell P Muir H Netherway N Newey B Newey C Newton R Nunn B O’ Doherty T Pingali S Prowse S Scott P Smith I Squire R Taylor C Taylor P Taylor R Tekeath T Thornhill N Thurling M Tong M Tong N Tudball V Zamurs F 61 Financial Report Sovereign Hill financial report Sovereign Hill 06 | 07 The Sovereign Hill Museums Association abn 87 565 053 651 62 Troopers Peter Bray, left, and Jeroen Boersma demonstrate the fire-power of their muskets. (Picture: The Courier) 63 Richard Nicholson Annmaree Perry Bruce Clark Sari Baird Steven Coltman Damien Butler The Sovereign Hill Museums Association Peter Davies ABN 87 565 053 651 Directors President Mr R W Nicholson Elected to the Board in 1998. Chairman of the President’s Advisory Committee. Ex-officio member of all Board Trusts and Committees. Qualified Civil Engineer. Director of a local Construction Company. Vice-President Mrs A P Perry Elected to the Board in 2003. Chairman of the Outdoor Museum Committee. Member of the President’s Advisory and Finance Committees. Retired Teacher and Family Historian. Mrs S N Baird Elected to the Board in 2005. Chairman of the Audit & Compliance Committee. Member of the Mining Museum Committee. Chairman of the Ballarat Fine Art Gallery Board of Management. Legal Counsel and Company Secretary. Mr D E Butler Elected to the Board in 2005. Chairman of the Finance Committee. Director of a Chartered Accountancy Practice. 64 Jane Cowles Mr B H Clark Elected to the Board in 1990. Chairman of the Mining Museum Committee. Trustee of The Sovereign Hill Foundation. Fellow of the Australasian Institute of Banking and Finance. Company Director and Business Consultant. Mr S O Coltman Elected to the Board in 2003. Member of the Mining Museum Committee. Company Director. Ms J E Cowles Elected to the Board in 2003. Chairman of the Gold Museum Committee. Member of the Audit & Compliance Committee. Trustee of The Sovereign Hill Foundation. Mr P J Davies Elected to the Board in 1993. Immediate Past-President. Member of the President’s Advisory and Outdoor Museum Committees. Trustee of The Sovereign Hill Foundation. Chairman of Ballarat Community Enterprise Ltd. Company Director. Dr R N Hinchey Elected to the Board in 1996. Member of the Outdoor Museum Committee. A Medical Practitioner in General Practice. Robert Hinchey Terry Lloyd Barry Lonsdale Bruce McKnight Doug Sarah Colin Prowse Robert Selkirk Bill McGregor Prof. T M Lloyd Appointed to the Board in 2007. Member of the Finance Committee. Deputy Vice-Chancellor, University of Ballarat. Mr B J Lonsdale Elected to the Board in 1989. A Past-President. Member of the Audit & Compliance, Gold Museum and Mining Museum Committees. Company Director. Mr W H McGregor OAM Elected to the Board in 1967. A Past-President. Chairman of the Sir Henry Bolte Trust. A Practising Solicitor and a Partner in a firm of Barristers and Solicitors. Retired from the Board 28/11/2006. Mr D B McKnight OAM Elected to the Board in 1987. A Past-President. Trustee of the Narmbool Trust and the Sir Henry Bolte Trust. Member of the Gold Museum and Outdoor Museum Committees. A Past-Mayor of the former City of Ballaarat. Director of a firm of Electrical Contractors. Voi Williams Mr C R Prowse OAM Elected to the Board in 1967. A Past-President. Chairman of the Narmbool Trust. Member of the Audit & Compliance Committee. Trustee of The Sovereign Hill Foundation and the Sir Henry Bolte Trust. Certified Practising Accountant. Mr A D Sarah OAM Elected to the Board in 1981. A Past-President. Trustee of The Sovereign Hill Foundation. Chairman of Destination Ballarat. Company Director. Business Manager. Mr R J Selkirk Elected to the Board in 1992. A Past-President. Member of the Finance Committee. Chairman of Directors of the Selkirk Group of Companies. Mrs V Williams OAM Elected to the Board in 1999. Trustee of the Narmbool Trust. Member of the Gold Museum Committee. Retired Medical Scientist. 65 The Sovereign Hill Museums Association ABN 87 565 053 651 Directors' Report Your Directors submit the following financial statements of the Association for the financial year ended 30 June 2007. The names of the Members of the Board of the Association at the date of this report are as follows: R W Nicholson President A P Perry Vice-President S N Baird P J Davies D E Butler R N Hinchey B H Clark T M Lloyd S O Coltman B J Lonsdale J E Cowles D B McKnight OAM C R Prowse OAM A D Sarah OAM R J Selkirk V Williams OAM Company Secretary The following person held the position of Company Secretary at the end of the financial year: Mr Jeremy W M Johnson – Diploma of Business, JP, FICS. Mr Johnson has worked for The Sovereign Hill Museums Association for the past 12 years, performing senior management roles in finance, administration and operations. Mr Johnson was appointed Company Secretary on 10 November 1998. The principal activity of the Association is to present in a dynamic group of museums, the mining, social, cultural and environmental heritage of the Ballarat region and its impact on Australia’s national story. No significant changes in the nature of these activities occurred during the year. The profit of the Association amounted to $851,314. The Association is not liable to pay company tax and is not permitted to pay dividends to its Members. The net assets of the Association have increased by $3,449,337 from $37,990,697 as at 30 June 2006, to $41,440,034 in 2007. This increase has largely resulted from the following factors: • Operating performance; • Significant fundraising activities towards capital works; and • Revaluation increment in publicly listed investments. The Association’s solid financial position has enabled it to continue with its strategy of investing in infrastructure development and building up of cash reserves. The Directors believe the Association is in a strong and stable financial position to expand and grow its current operations. No significant changes in the Association’s state of affairs occurred during the financial year. 66 The Sovereign Hill Museums Association ABN 87 565 053 651 Directors' Report After balance date events No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Association, the results of those operations, or the state of affairs of the Association in future financial years. Future developments The Association expects to maintain the present status and level of operations and hence there are no likely developments in the Association’s operations. Environmental issues The Association’s operations are not regulated by any significant environmental regulation under a law of the Commonwealth or of a state or territory. Indemnifying officers or auditor During the financial year, the Association has paid a premium to insure officers against liabilities for costs and expenses incurred by them in defending any legal proceedings arising out of their conduct while acting in the capacity of an officer of the Association, other than conduct involving a wilful breach of duty in relation to the Association. No indemnities have been given or insurance premiums paid, during or since the end of the financial year, for the auditor of the Association. Proceedings on behalf of the Association No person has applied for leave of Court to bring proceedings on behalf of the Association or intervene in any proceedings to which the Association is a party for the purpose of taking responsibility on behalf of the Association for all or any part of those proceedings. The Association was not a party to any such proceedings during the year. The auditor provided no non-audit services to the Association during the year. 67 The Sovereign Hill Museums Association ABN 87 565 053 651 Directors' report The attendances of each Director of the Association at meetings during the year were: Board Meetings Committee Meetings Finance Committee Number eligible to attend Number attended President’s Advisory Committee Number eligible to attend Number attended – – Outdoor Museum Committee Number eligible to attend Mining Museum Committee Number attended Number eligible to attend – 3 2 2 2 – – – 5 Number eligible to attend Audit & Compliance Committee Number eligible to attend Number attended S N Baird 11 11 – – D E Butler 11 11 10 10 – – B H Clark 11 9 – – – – S O Coltman 11 4 – – – – – – J E Cowles 11 11 – – – – – – P J Davies 11 11 4 2 9 8 6 4 2 1 2 1 – – R N Hinchey 11 9 – – – – 6 6 – – – – – – – Number attended Gold Museum Committee Number attended Number eligible to attend Number attended – – 4 4 – – – – – 4 2 1 – – 5 3 – – – – – – 6 6 4 4 T M Lloyd 4 3 3 1 – – – – – – – – – – B J Lonsdale 11 8 – – 2 0 – – 5 5 3 2 4 2 W H McGregor OAM 5 4 – – – – – – – – 6 5 – – D B McKnight OAM 11 7 – – – – 6 3 – – 6 4 – – R W Nicholson 11 11 10 10 9 8 6 6 3 3 6 4 4 2 A P Perry 11 10 6 6 6 6 6 6 – – – – – – C R Prowse OAM 11 10 4 3 – – – – – – – – 4 4 A D Sarah OAM 11 11 – – – – – – – – – – – – R J Selkirk 11 8 6 4 – – – – 3 3 – – – – V Williams OAM 11 11 – – – – – – – – 3 3 – – Auditor’s Independence Declaration The lead auditor’s independence declaration for the year ended 30 June 2007, has been received and can be found on page 69 of the Directors’ report. Signed in accordance with a resolution of the Board. Dated this seventeenth day of September 2007. R W Nicholson President 68 The Sovereign Hill Museums Association ABN 87 565 053 651 AUDITOR'S INDEPENDENCE DECLARATION UNDER SECTION 370c OF THE CORPORATIONS ACT 2001 TO THE DIRECTORS OF THE SOVEREIGN HILL MUSEUMS ASSOCIATION As lead auditor for the audit of The Sovereign Hill Museums Association, I declare that to the best of my knowledge and belief, during the year ended 30 June 2007, there have been: 1. No contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the audit; and 2. No contraventions of any applicable code of professional conduct in relation to the audit. Dated this seventeenth day of September 2007. Evans & Metcalfe Certified Practising Accountants 7 Lyons Street North, Ballarat 3350 B R Judkins Partner 69 The Sovereign Hill Museums Association ABN 87 565 053 651 Income Statement for the year ended 30 June 2007 Note 2007 $ Total revenue from operating activities 2 20,480,458 Other revenue 2 – Employee benefits expense (9,974,430) Depreciation expense 3 (1,378,469) Administration, marketing, maintenance expense (5,638,294) Cost of sales (2,423,606) Other expenses (214,345) Profit before income tax 3 851,314 Income tax expense – Profit after income tax 70 851,314 2006 $ 18,550,345 4,935 (9,878,194) (1,425,017) (4,535,421) (2,246,699) (169,692) 300,257 – 300,257 The Sovereign Hill Museums Association ABN 87 565 053 651 Balance Sheet as at 30 June 2007 Note 2007 Assets Current assets Cash and cash equivalents 4 Trade and other receivables 5 Inventories 6 Other current assets 7 Total current assets $ 1,347,394 1,741,288 1,073,126 158,915 4,320,723 2006 $ 2,130,406 687,222 1,066,996 229,801 4,114,425 Non-current assets Financial assets 8 Property, plant and equipment 9 Collections assets 9 Total non-current assets 2,794,176 30,055,921 7,487,841 40,337,938 2,095,082 27,195,776 7,409,275 36,700,133 Total assets 44,658,661 40,814,558 Current liabilities Trade and other payables 10 2,092,200 Short term provisions 11 809,963 Total current liabilities 2,902,163 1,795,128 710,568 2,505,696 Non-current liabilities Long term provisions 11 Total non-current liabilities 316,464 316,464 318,165 318,165 Total liabilities 3,218,627 2,823,861 Net assets 41,440,034 37,990,697 Equity Retained earnings Reserves 30,656,423 10,783,611 27,962,972 10,027,725 Total equity 41,440,034 37,990,697 71 The Sovereign Hill Museums Association ABN 87 565 053 651 Statement of Changes in Equity for the year ended 30 June 2007 Retained Earnings $ Asset Revaluation* $ General Reserve $ Balance at 1 July 2005 27,102,099 365,018 988,080 Capital receipts, donations and collections assets donated 891,743 Profit for the year 300,257 Shares, hybrid securities, convertible and floating notes in Corporations listed on a prescribed Stock Exchange revaluation increment 71,012 Transfers to and from reserves – General Reserve (19,607) – The Sovereign Hill Foundation (110,937) – Sir Henry Bolte Trust (9,798) – Collections (320,785) – Catering 130,000 Transfers to retained earnings Transfers from retained earnings 19,607 Balance at 30 June 2006 27,962,972 436,030 1,007,687 Capital receipts, donations and collections assets donated 2,274,733 Profit for the year 851,314 Shares, hybrid securities, convertible and floating notes in Corporations listed on a prescribed Stock Exchange revaluation increment 323,291 Transfers to and from reserves – General Reserve (173,059) – The Sovereign Hill Foundation (174,743) – Sir Henry Bolte Trust (6,226) – Collections (78,567) Transfers to retained earnings Transfers from retained earnings 173,059 Balance at 30 June 2007 30,656,423 * This reserve records the revaluation increment of shares, hybrid securities and floating notes in Corporations listed on a prescribed Stock Exchange. 72 759,321 1,180,747 Sir Henry Bolte Trust $ The Sovereign Hill Foundation $ Collections Reserve Catering Reserve Total $ $ $ 437,244 616,754 7,088,490 130,000 36,727,685 891,743 300,257 71,012 (130,000) 9,798 110,937 320,785 447,042 727,691 7,409,275 (19,607) (110,937) (9,798) (320,785) 130,000 (130,000) 461,127 – 37,990,697 2,274,733 851,314 323,291 6,226 174,743 78,567 453,268 902,434 7,487,841 – (173,059) (174,743) (6,226) (78,567) 432,595 41,440,034 73 The Sovereign Hill Museums Association ABN 87 565 053 651 Cash Flow Statement for the year ended 30 June 2007 Note 2007 $ Cash flows from operating activities Sales from small businesses 6,578,471 Other revenues from operating activities 12,847,921 Payments to employees (9,876,736) Payments for materials and contracts (7,864,185) Other expenses (4,828) Net cash provided by operating activities 1,933,115 Cash flows from investing activities Capital receipts and donations Proceeds from sale of plant and equipment Sales (purchase) of investments Purchase of property, plant and equipment 2,210,996 138,112 (414,835) (4,397,929) 810,958 125,987 (348,817) (1,938,131) Net cash used in investing activities (2,463,656) (1,350,003) – – Net cash used in financing activities – – Net increase (decrease) in cash held Cash at the beginning of the year 2,130,407 1,547,295 13(a) 1,347,394 2,130,407 Cash at the end of the year 74 5,850,379 12,564,494 (9,827,820) (6,652,398) (1,540) 1,680,643 Cash flows from financing activities Repayment of borrowings 13(b) 2006 $ (783,013) 583,112 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 NOTE 1 Statement of significant accounting policies The financial report is a general purpose financial report that has been prepared in accordance with Australian Accounting Standards including Australian Accounting Interpretations, other authoritative pronouncements of the Australian Accounting Standards Board and the Corporations Act 2001. The financial report is for The Sovereign Hill Museums Association as an individual entity, incorporated and domiciled in Australia. The Sovereign Hill Museums Association is a company limited by guarantee. The following is a summary of the material accounting policies adopted by the Association in the preparation of the financial report. The accounting policies have been consistently applied, unless otherwise stated. Basis of preparation Reporting Basis and Conventions The financial report has been prepared on an accruals basis and is based on historical costs. It does not take into account changing money values or, except where stated, current valuations of non current assets. Cost is based on the fair values of the consideration given in exchange for assets. Accounting policies Revenue Revenue from the sale of goods is recognised upon the delivery of goods to customers. Grant revenue is recognised in the income statement when it is controlled. Should there be conditions attached to grant revenue relating to the use of those grants for specific purposes, they would be recognised in the balance sheet as a liability until such conditions are met or services provided.Capital grants are recognised in the Statement of Changes in Equity when the grant is controlled. Interest revenue and distribution income from investments is recognised on a proportional basis taking into account the interest rates applicable to the financial assets. Revenue from the rendering of a service is recognised upon the delivery of the service to the customers. All revenue is stated net of the amount of goods and service tax (GST). Inventories Inventories are measured at the lower of cost or net realisable value and consist wholly of finished goods. 75 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 Property, plant and equipment Each class of property, plant and equipment is carried at cost less, where applicable, accumulated depreciation and impairment losses. Property The Association is an outdoor museum that represents Ballarat in the Victorian goldfields for the period 1851 to 1861. All the buildings exhibits have extensive ongoing maintenance to ensure their standards are in keeping with this 11-year time period. Consequently, the Directors believe that buildings will have an estimated useful life of 150 years and therefore depreciation has been calculated at 0.67% pa. Plant and equipment Plant and equipment are measured on the cost basis less depreciation and impairment losses. The carrying amount of plant and equipment is reviewed annually by Directors to ensure it is not in excess of the recoverable amount from these assets. The recoverable amount is assessed on the basis of the expected net cash flows that will be received from the assets employment and subsequent disposal. The expected net cash flows have been discounted to their present values in determining recoverable amounts. Depreciation The depreciable amounts of all fixed assets including buildings, but excluding freehold land, are depreciated over their useful lives commencing from the time those assets are held ready for use. Plant, equipment and vehicles are shown at original cost with depreciation being provided, using the straight line method, so as to write off each asset over its anticipated useful life. The depreciation rates used for each class of depreciable assets are: Class of asset Depreciation of asset Buildings Plant, equipment and vehicles 0.67% 2.5_ 40% The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date. An asset class’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount. Gains and losses on disposals are determined by comparing proceeds with the carrying amount. These gains or losses are included in the income statement. 76 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 Collections assets Collections Assets controlled by the Association are works of art and other heritage assets, including the property Narmbool, which have been donated to the Association.They are anticipated to have very long and indeterminate useful lives.Their future economic benefits have not, in any material sense, been consumed during the reporting period. As such, no amount for depreciation has been recognised in respect of them. Financial instruments Financial instruments are initially measured at cost on trade date, which includes transaction costs, when the related contractual rights or obligations exist. Subsequent to initial recognition these instruments are measured as set out below. Financial assets at fair value through the income statement A financial asset is classified in this category if acquired principally for the purpose of selling in the short term or if so designated by Management and within the requirements of AASB 139: Recognition and Measurement of Financial Instruments. Realised and unrealised gains and losses arising from changes in the fair value of these assets are included in the income statement in the period in which they arise. Held-to-maturity investments These investments have fixed maturities, and it is the Association’s intention to hold these investments to maturity. Any held-tomaturity investments held by the Association are stated at amortised cost using the effective interest rate method. Available-for-sale financial assets Available-for-sale financial assets include any financial assets not included in the above categories. Available-for-sale financial assets are reflected at fair value. Unrealised gains and losses arising from changes in fair value are taken directly to equity. Impairment of assets At each reporting date, the Association reviews the carrying values of its tangible assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the higher of the asset’s fair value less cost to sell and value in use, is compared to the asset’s carrying value. Any excess of the asset’s carrying value over its recoverable amount is expensed to the Income Statement. Where it is not possible to estimate the recoverable amount of an asset class, the Association estimates the recoverable amount of the cash-generating unit to which the class of assets belongs. Employee benefits Provision is made for the Association’s liability for employee benefits arising from services rendered by employees to Balance Sheet date. Employee benefits expected to be settled within one year together with benefits arising from wages, salaries and annual leave which may be settled after one year, have been measured at the amounts expected to be paid when the liability is settled plus related on costs. Other employee benefits payable later than one year have been measured at the net present value. Contributions are made by the Association to an employee superannuation fund and are charged as expenses when incurred. 77 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 Cash and cash equivalents Cash and cash equivalents include cash on hand, deposits held at-call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts. Goods and service tax (GST) Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Taxation Office. In these circumstances the GST is recognised as part of the cost of acquisition of the asset or as part of an item of expense. Receivables and payables in the Balance Sheet are shown inclusive of GST. Cash flows are presented in the Cashflow Statement on a net basis. Income tax No provision for income tax has been raised as the Association is exempt from income tax under Division 50 of the Income Tax Assessment Act 1997. Provisions Provisions are recognised when the Association has a legal or constructive obligation, as a result of past events, for which it is probable that an outflow of economic benefits will result and that outflow can be reliably measured. Comparative figures Where required by Accounting Standards comparative figures have been adjusted to conform with changes in presentation for the current financial year. Critical accounting estimates and judgements The Directors evaluate estimates and judgements incorporated into the financial report based on historical knowledge and best available current information. Estimates assume a reasonable expectation of future events and are based on current trends and economic data, obtained both externally and within the group. 78 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 2007 $ Note 2 Revenue Total revenue from operating activities –sale of goods 6,578,471 –interest received 371,005 –government subsidies received 563,706 –other revenue 12,967,276 Total revenue from operating activities 20,480,458 Other revenue –gain on disposal of property, plant and equipment Total other income 2006 $ 5,850,379 317,433 670,512 11,712,021 18,550,345 – – 4,935 4,935 2,274,733 22,755,191 891,743 19,447,023 282,451 1,096,018 1,378,469 302,692 1,122,325 1,425,017 33,000 – 32,000 – Net gain (loss) on disposal of non-current assets Investments Proceeds on disposal Disposals at written down value Net loss on disposals as at 30 June 2007 159,049 (198,081) (39,032) 190,371 (244,630) (54,259) Property, plant and equipment Proceeds on disposal Disposals at written down value Net (loss) gain on disposals as at 30 June 2007 138,112 (144,485) (6,373) 125,987 (121,052) 4,935 Capital receipts, donations and collections assets donated Total revenue Note 3 Profit Expenses Depreciation – Buildings – Plant and equipment Total depreciation Auditor remuneration – Audit services – Other services Significant revenue and expenses Note 4 Cash and cash equivalents Current Cash at bank Cash on hand 1,264,710 82,684 1,347,394 2,049,377 81,029 2,130,406 79 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 2007 $ Note 5 Trade and other receivables Current Trade receivables 1,617,346 Other receivables 123,942 1,741,288 Note 6 Inventories Current At the lower of cost or net realisable value Stock 1,073,126 Note 7 Other assets Current Prepayments 158,915 2006 $ 511,996 175,226 687,222 1,066,996 229,801 Note 8 Financial assets Non Current Available-for-sale financial instruments 2,794,176 2,095,082 Available-for-sale financial instruments comprise shares, hybrid securities, convertible and floating notes in Corporations listed on a prescribed Stock Exchange at market value. There are no fixed returns or fixed maturity dates attached to these investments. Note 9 Property, plant and equipment Land and Buildings At cost Less accumulated depreciation Total land and buildings 27,494,868 (3,402,428) 24,092,440 24,850,478 (3,119,977) 21,730,501 Plant and Equipment At cost Less accumulated depreciation Total plant and equipment 17,201,700 (11,238,219) 5,963,481 15,696,981 (10,231,706) 5,465,275 Property, plant and equipment 30,055,921 27,195,776 7,487,841 7,409,275 Collections Assets At fair value 80 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 Movements in carrying amounts 2006 Balance at the beginning of the year Additions at cost Additions at fair value Disposals Depreciation expense Carrying amount at end of year 2007 Balance at the beginning of the year Additions at cost Additions at fair value Disposals Depreciation expense Carrying amount at end of year Land and Buildings $ Plant and Equipment $ Collections Assets $ Total 21,294,040 739,153 – – (302,692) 21,730,501 5,749,674 958,978 – (121,052) (1,122,325) 5,465,275 7,088,490 240,000 80,785 – – 7,409,275 34,132,204 1,938,131 80,785 (121,052) (1,425,017) 34,605,051 21,730,501 2,644,390 – – (282,451) 24,092,440 5,465,275 1,738,709 – (144,485) (1,096,018) 5,963,481 7,409,275 14,829 63,737 – – 7,487,841 34,605,051 4,397,928 63,737 (144,485) (1,378,469) 37,543,762 $ Note 10 Trade and other payables Current Trade payables Other current payables 2007 $ 2006 $ 800,665 1,291,535 2,092,200 1,074,185 720,943 1,795,128 Note 11 Provisions for employee entitlements Opening balance at 1 July 2006 Additional provisions raised during year Amounts used Balance at 30 June 2007 1,028,733 158,444 (60,750) 1,126,427 978,359 167,455 (117,081) 1,028,733 Analysis of total provisions Current Non Current 809,963 316,464 1,126,427 710,568 318,165 1,028,733 Note 12 Related party transactions Transactions between related parties are on normal commercial terms and conditions no more favourable than those available to other persons unless otherwise stated. 81 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 2007 $ Note 13 Cash flow information aReconciliation of cash Cash at bank Other cash bReconciliation of cashflow from operations with profit after income tax Profit after income tax Non-cash flows Depreciation Increase (decrease) in employee entitlements Loss on sale of non-current assets Changes in assets and liabilities (Increase) decrease in inventories (Increase) decrease in receivables (Increase) decrease in other assets Increase (decrease) in trade and other payables Cash flows provided by operating activities 2006 $ 1,264,710 82,684 1,347,394 2,049,378 81,029 2,130,407 851,314 300,257 1,378,469 97,694 45,405 1,425,017 50,374 49,324 (6,130) (1,054,066) 70,886 297,071 1,680,643 53,261 (135,472) (51,814) 242,168 1,933,115 The Association has a bank overdraft facility available to the extent of $50,000. Note 14 Financial instruments aFinancial risk management The Association’s financial instruments consist mainly of deposits with banks, local money market instruments, short-term investments, accounts receivable and payable. The Association does not have any derivative instruments at 30 June 2007. i Treasury risk management A Finance Committee meets on a regular basis to analyse currency and interest rate exposure and to evaluate treasury management strategies in the context of the most recent economic conditions and forecasts. ii Financial risks The main risks the Association is exposed to through its financial instruments are interest rate risk, liquidity risk and credit risk. Interest rate risk The Association holds no borrowings as at 30 June 2007. 82 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 Liquidity risk The Association manages liquidity risk by monitoring forecast cash flows and ensuring that adequate unutilised borrowing facilities are maintained. Credit risk The maximum exposure to credit risk, excluding the value of any collateral or other security, at balance date to recognised financial assets, is the carrying amount, net of any provisions for impairment of those assets, as disclosed in the balance sheet and notes to the financial statements. The Association does not have any material credit risk exposure to any single receivable or group of receivables under financial instruments entered into by the Association. b Interest rate risk The Association’s exposure to interest rate risk, which is the risk that a financial instrument’s value will fluctuate as a result of changes in market interest rates and the effective weighted average interest rates on those financial assets and financial liabilities, is as follows: Financial assets Weighted Average Effective Interest Rate 2007 % 2006 % Cash at bank 6.3 4.0 Cash on hand Trade and other receivables Investments 9.3 11.8 Total financial assets Financial liabilities Floating Interest Rate 2007 $ 2006 $ Non Interest Bearing 2007 $ Total 2006 $ 2007 $ 2006 $ 2,049,377 – – – 2,049,377 – 82,684 1,741,288 2,794,176 4,618,148 – 81,029 687,222 2,095,082 2,863,333 1,264,710 82,684 1,741,288 2,794,176 5,882,858 2,049,377 81,029 687,222 2,095,082 4,912,710 Trade and sundry creditors Total financial liabilities – – 2,092,200 2,092,200 1,795,128 1,795,128 2,092,200 2,092,200 1,795,128 1,795,128 1,264,710 – – – 1,264,710 83 The Sovereign Hill Museums Association ABN 87 565 053 651 Notes to and forming part of the accounts for the year ended 30 June 2007 cNet fair values The net fair values of listed investments have been valued at the quoted market bid price at balance date adjusted for transaction costs expected to be incurred. For other assets and other liabilities the net fair value approximates their carrying value. No financial assets and financial liabilities are readily traded on organised markets in standardised form other than listed investments. The aggregate net fair values and carrying amounts of financial assets and financial liabilities are disclosed in the balance sheet and in the notes to the financial statements. Aggregate net fair values and carrying amounts of financial assets and financial liabilities at balance date: 2007 2006 Carrying Net Carrying Net Amount Fair Value Amount Fair Value Financial assets $ $ $ $ Available-for-sale financial assets at fair value 2,034,855 2,034,855 2,794,176 2,794,176 1,659,052 1,659,052 2,095,082 2,095,082 Note 15 Entity details The registered office of the Association is: The Sovereign Hill Museums Association 39 Magpie Street Ballarat,Victoria 3350 The principal place of business is: The Sovereign Hill Museums Association 39 Magpie Street Ballarat,Victoria 3350 Note 16 Members’ guarantee The Association is incorporated under the Corporations Act 2001 and is an entity limited by guarantee. If the Association is wound up, the constitution states that each Member is required to contribute a maximum of $20 each towards meeting any outstandings and obligations of the Association. At 30 June 2007, the number of Members was 1,545. 84 The Sovereign Hill Museums Association ABN 87 565 053 651 Directors' declaration The Directors of the Association declare that: The financial statements and notes, as set out on pages 70 to 84, are in accordance with the Corporations Act 2001. They a. comply with Accounting Standards and the Corporations Regulations 2001; and b. give a true and fair view of the financial position as at 30 June 2007 and of the performance for the year ended on that date of the Association. In the Directors’ opinion there are reasonable grounds to believe that the Association 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 Board of Directors Dated this seventeenth day of September 2007. R W Nicholson President 85 The Sovereign Hill Museums Association ABN 87 565 053 651 Independent AuditOR's Report to the Members of the Sovereign Hill Museums Association Report on the Financial Report We have audited the accompanying financial report of The Sovereign Hill Museums Association, which comprises the balance sheet as at 30 June 2007 and the income statement, statement of changes in equity and cash flow statement for the year ended on that date, a summary of significant accounting policies and other explanatory notes and the Directors’ declaration. Directors’ Responsibility for the Financial Report The Directors of the company are responsible for the presentation of the financial report in accordance with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Act 2001. This responsibility includes establishing and maintaining internal control relevant to the preparation and fair presentation of the financial report that is free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances. Auditor’s Responsibility Our responsibility is to express an opinion on the financial report based on our audit. We conducted our audit in accordance with Australian Auditing Standards. These Auditing Standards require that we comply with relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain reasonable assurance whether the financial report is free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial report. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial report, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Association’s preparation and fair presentation of the financial report in order to design audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the Association’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates by the Directors, as well as evaluating the overall presentation of the financial report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 86 The Sovereign Hill Museums Association ABN 87 565 053 651 Independent AuditOR's Report to the Members of the Sovereign Hill Museums Association Independence In conducting our audit, we have complied with the independence requirements of the Corporations Act 2001. We confirm that the independence declaration required by the Corporations Act 2001, provided to the Directors of The Sovereign Hill Museums Association on the seventeenth of September 2007 would be in the same terms if provided to the Directors as the date of this auditor’s report. Auditor’s Opinion In our opinion, the financial report of The Sovereign Hill Museums Association is in accordance with the Corporations Act 2001, including: a. b. giving a true and fair view of the company’s financial position as at 30 June 2007 and of its performance for the year ended on that date, and complying with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Regulations 2001. Dated this eighteenth day of September, 2007 Evans & Metcalfe Certified Practising Accountants 7 Lyons Street North BALLARAT 3350 B R Judkins Partner 87 © The Sovereign Hill Museums Association 2007 Published by The Sovereign Hill Museums Association ABN 87 565 053 651 Sovereign Hill Post Office Ballarat Victoria 3350 Tel 03 5337 1100 Fax 03 5331 1528 Email enquiries@sovereignhill.com.au www.sovereignhill.com.au Produced by Jeremy Johnson Art direction by John Zulic Edited by Helen Smithers Designed by Glenn Bishop Photography by Terry Hope Andrew Wilson Photo Design Red Hill Photographic Rooms, Sovereign Hill Tim Scanlon The Courier The Herald & Weekly Times Photographic Collection V-Line Printed by Manark Printing Pty Ltd SovereignHill B A L L A R AT