TRADING UPDATE I am very pleased to advise that the Club trade in the second half of this year has been very strong. Trading in the run up to Christmas in particular was extremely pleasing and I thank members for supporting our Club. ALCOHOL & DRUG FUELLED VIOLENCE INITIATIVES TO A NEW SYDNEY CBD ENTERTAINMENT
Trading Update The performance of Gaming in the Club continues to improve with the new games and new technology recently introduced. It has trended upward consistently for several months now and it augers well for a good end of year result, after a slow start to the year. All Bank covenants continue to be met. Airspace Development Update
Trading Update I am pleased to advise that the steps taken to reinvigorate gaming in our Club are moving in the right direction. The card in/card out technology is still to be introduced and that should have a further positive impact. Winter trading has been solid, without being fantastic. As always, I urge members to
On 29 April 2013, the Club received a notice from Bryan Rush & Co indicating that they were seeking election as the Club’s auditor at the Annual General Meeting to be held on Tuesday 21 May 2013. The notice was submitted by Bryan Rush & Co at the request of Mr M Barrett, a member
It has come to our attention that the last paragraph of the Treasurer’s Report, which forms part of the Club’s Annual Report for 2012, printed in the hardcopy version of the May – July 2013 edition of the Club magazine, contains a couple of ‘date’ errors. The last paragraph of the Treasurers report should read
Trading Results 2012 I am pleased to be able to advise that our Club made a trading profit of $367,747 in 2012. That result needs to be qualified by the matters set out in the Treasurer’s Report and I refer you to the Treasurer’s Report in this magazine. The Sydney CBD continued to be a
Trading Update After a slow start in January, trading momentum has built throughout the quarter and I am pleased to say that Gaming has improved month on month. I also note that our restaurants have traded solidly throughout the quarter with members taking advantage of the membership renewal promotion. Another positive outcome has been the
Trading Update Trading in the run up to Christmas was good and I thank you for your support over that period. The post Christmas/January period is typically slow. As always, I encourage you to continue to use the Club facilities as often as you can. I am pleased to advise that CTC have met all
Trading Update Trading conditions are still tight, but the Club continues to reduce debt and to meet all Bank covenants. Cash-flow continues to be actively managed on a day by day basis. I encourage members to support the Club over this Christmas/New Year quarter so that we finish the year on a strong note. Recent Publicity
A long standing and well intentioned member suggested that the Committee might provide a report to members of the important matters dealt with and decisions made of our Annual Planning Conference. I intend to embrace that suggestion and what follows is a concise report of the recent conference. I will use the Club’s website to
