CHAPTER 1: OVERVIEW AND HIGHLIGHTS 10 Chair’s Report 12 CEO Report 14 The Australian sporting environment 16 Our priorities 18 Highlights and key achievements 20 CHAPTER 2: ANNUAL PERFORMANCE STATEMENTS 44 Statement by the Commissioner 46 Our purpose 47 Our performance 48 CHAPTER 3: OUR ORGANISATION 70 About the ASC 72 Corporate partners 77 Our operations 78 Authority and directions 84 Board and committees 86 Risk management and assurance 94 External scrutiny 96 CHAPTER 4: FINANCIAL PERFORMANCE 98 Summary of financial outcomes 100 Independent Auditor Opinion 102 Statement from the Commissioner, Chief Executive Officer and Chief Financial Officer 104 Financial statements 105 CHAPTER 5: AUSTRALIAN SPORTS FOUNDATION 130 CHAPTER 5: APPENDIXES AND REFERENCES 134 Appendix 1: Funding to sports 136 Appendix 2: Contact officers 142 Appendix 3: Summary of compliance 143 Index 148 Shortened forms 159 9