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The Normal One
PostPosted: Sat Feb 06, 2021 4:12 pm 
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formerly King Kenny
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Both. But increased membership is based on planning new ways to build it.

No coincidence Richmond increased with Liddle running the membership show.

Outstanding achievement for the club anyway. Has been a noose around our neck for far too long.

I remember Black Friday (if we can say that anymore), Collo was going to had the keys in not long after.
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dane
PostPosted: Sun Feb 07, 2021 12:06 am 
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Alex Jesaulenko
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sinbagger wrote:
I wonder how much of the debt reduction is down to good financial management and how much is due to increased membership?
Up the Vid!

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kingkerna
PostPosted: Wed Apr 07, 2021 10:32 am 
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Bruce Doull
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Location: riding shotgun on Agros Karma Train
Former vice pres Col DeLutis has just splashed out $136m on a Caroline Springs shopping centre

Sent from my SM-G986B using Tapatalk

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The_Wookie
PostPosted: Fri Dec 03, 2021 11:01 pm 
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Harry Vallence

Joined: Fri Mar 23, 2012 6:52 am
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CARLTON Football Club reports a net operating profit of $1,282,346 for 2021 and a statutory net profit position of $20,257,029.
https://t.co/78fbG0rmVB

Image

Image

Image

you can play with the data yourself here

https://docs.google.com/spreadsheets/d/ ... sp=sharing

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GWS
PostPosted: Fri Dec 03, 2021 11:09 pm 
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Stephen Kernahan
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Nice to see you back Wookie. :thumbsup:

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sinbagger
PostPosted: Wed Dec 08, 2021 9:40 am 
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John Nicholls

Joined: Thu Apr 21, 2005 12:18 pm
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If only Carlton could become debt free I’m sure it would make a great news story……

https://www.theage.com.au/sport/afl/deb ... 59elt.html
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The Normal One
PostPosted: Wed Dec 08, 2021 2:22 pm 
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formerly King Kenny
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The Wookie returns! Have missed your data.
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Drewgirl
PostPosted: Tue Dec 14, 2021 8:35 am 
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formerly Fevola

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whats that new huge lease liability?
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bondiblue
PostPosted: Sun Jan 23, 2022 12:15 pm 
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Alex Jesaulenko

Joined: Thu Feb 02, 2006 11:03 am
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sinbagger wrote:
If only Carlton could become debt free I’m sure it would make a great news story……

https://www.theage.com.au/sport/afl/deb ... 59elt.html



Amazing isn't it.

Shouldn't be surprised.

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bondiblue
PostPosted: Sun Jan 23, 2022 12:16 pm 
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Alex Jesaulenko

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Wookie makes things so easy for us laypeople.

Thanks wookie.

I enjoyed the tables and graphs.

I like where we are at as a club.

Springboard to success as a BIG 4 club should

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The_Wookie
PostPosted: Sat Feb 26, 2022 3:29 pm 
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Harry Vallence

Joined: Fri Mar 23, 2012 6:52 am
Posts: 1197
Drewgirl wrote:
whats that new huge lease liability?


Accounting standards changed in 2019 to show leases - Carltons at Princes Park for example - as a liability.

Quote:
Effective now – from 1 January 2019, the new leases standard – AASB 16 (IFRS 16) – requires companies to bring the majority of operating leases on-balance sheet. Property and equipment leases previously recognised off-balance sheet will be accounted for as a right-of-use (ROU) asset and lease liability which will bring more transparency about a company’s lease commitments and change key financial metrics such as gearing ratios, asset turnover and EBITDA. Lessor accounting will be largely unchanged from the current leases standard, AASB 117 (IAS 17).

https://home.kpmg/au/en/home/insights/2 ... ndard.html
https://www.aasb.gov.au/admin/file/cont ... _02-16.pdf

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