36 3 EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755 DIRECTORS' REPORT The Directors present this report on the company for the year ended 30 June 2018. Directors The names of each person who has been a director during the year and to the date of this report are: Mr Leigh Clifford (resigned 23/7/17) Mr Christopher Styring (resigned 1/9/17) Ms Gillian Rolton (expired 18/11/17) Mrs Judy Fasher Mr Mark Hopkinson Mr Daniel Stoneman (resigned 5/6/18) Mr David Lindh Mr Mark Arthur (resigned 7/8/18) Dr Suzanne Doyle (appointed 3/11/17) Mrs Catherine Friday (appointed 14/9/17) Principal Activities The principal activity of the company in the course of the financial year remained unchanged and was that of being the National Sporting Organisation for Equestrian Sport in Australia, recognised by the International Equestrian Federation (FEI), the Australian Sports Commission and the Australian Olympic Committee. Results and Review of Operations The surplus reported by the company during the year was $176,809 (2017: $159,083 deficit - refer to Note 2). Short Term Objectives Expand the EA service offering and assist in the facilitation of membership growth. Continuously improve member safety and horse welfare through the development of sound policy and process. Focus on domestic and international high performance development across all disciplines. Increase the visibility of Equestrian across Australia through the expansion of commercial and community partnerships. Enhance communication to build trust and enable inclusive decision making across our community. Long Term Objectives To see Equestrian sport thrive in Australia for generations to come. Enhance the Pathway Programs for Officials, Coaches and Athletes to encourage year on year membership growth. Maintain alignment with the ASC Australia’s Winning Edge strategy to achieve sustained podium success. Identify alternate revenue streams to build the financial reserves of Equestrian Australia.