St John Ambulance Australia (NSW) (ACN 001 738 370)
Notice of 135th Annual General Meeting
Notice is hereby given that the 135th Annual General Meeting of St John Ambulance Australia (NSW) will be held on:
Date: Thursday, 7 May 2026
Venue: via Teams Meeting ID: 436 396 603 134 2, Passcode: Yq7hH93g
Time: 6.00pm
Business
1. Opening and Acknowledgement of Country
2. Apologies
3. Welcome
4. Confirmation of Previous Minutes
5. Matters Arising
6. 2025 Financial Statements
7. 2026 NSW State Council Election Results
8. 2025 Year in Review
9. Board Update
10. General Business
11. Close
Any questions for the meeting should be received in writing via mail or emailed to agm@stjohnnsw.com.au no later than Sunday, 26 April 2026
The papers for the meeting are attached and can also be accessed here
An interactive copy of the 2025 Annual Financial Statements can also be accessed here
Proxy Voting
Pursuant to clause 16 of the Company’s constitution, each member is entitled to appoint a proxy to attend the meeting and vote on the proposed resolutions by notice given to the Company. The proxy must be a member of the Company. The Proxy Appointment form is attached and can also be downloaded here. Proxy Appointment forms are to be sent to the Company Secretary before the meeting by email at agm@stjohnnsw.com.au.
Yours sincerely
Dominic Teakle Company Secretary
AGENDA
ANNUAL GENERAL MEETING
St John Ambulance Australia (NSW) (ACN 001 738 370)
The 135th Annual General Meeting will be held on Thursday, 7 May 2026 commencing at 6.00pm
1. Meeting Open and Acknowledgement of Country
The Chair opens the meeting and begins with an Acknowledgement of Country.
2. Apologies
The Chair calls on the CEO to read the apologies.
3. Welcome
The Chair welcomes Members and special guests
4. Confirmation of Previous Minutes
• The Minutes of the 134th Annual General Meeting held on Thursday 29 May 2025 to be confirmed and signed accordingly by the Chair.
5. Matters Arising
There were no matters arising from the previous meeting.
6. 2025 Annual Financial Statements
Consider the report of the Board of Directors, the Financial Statements and Auditors’ Report for the year ended 31 December 2025
7. 2026 NSW State Council Election Results
Announcement of the results of the 2026 NSW State Council Election.
8. Year In Review
Presentation of the 2025 Year in Review.
9. Board Update
Chair to table Board activities for the year and upcoming events.
10. General Business
Any other business of which appropriate notice has been given.
11. Close
The Chair declares the meeting closed.
St John Ambulance Australia (NSW) MINUTES OF THE 134th ANNUAL GENERAL MEETING
Held via MS Teams
On Thursday, 29 May 2025 at 6.00pm
1. OPENING
At 6.05pm, Sean McGuinness (The Chair) welcomed the attendees
The Chair noted the documents pertaining to the meeting, which were circulated to Members ahead of the meeting via email, which included:
• The Notice of the Meeting and the Agenda;
• Minutes of the 133rd AGM held on 9 May 2024;
• 2024 St John Ambulance Australia (NSW) Financial Statements; and
• The Proxy Form
The Chair welcomed the respective attendees and noted that the meeting was being held online in accordance with the St John Ambulance NSW Constitution.
The Chair advised that as there were at least 40 members present and as such that there was a quorum The Chair declared the 134th Annual General Meeting of St John Ambulance Australia (NSW) formally open
The Chair began with an Acknowledgement to Country
The Chair confirmed that voting on the tabled resolutions would be conducted through a show of hands counted by the moderators, Leonie Smith and Jennifer Joseph. The Chair also requested any member that needed to secure the attention of the meeting or the Chair to please utilise the chat function to allow the moderators to identify them and advise the meeting.
The Chair acknowledged those Members and Guests present and asked the CEO to acknowledge the apologies received, requesting if there were any additional apologies that required acknowledging.
2. IN ATTENDANCE VIA TEAMS
Sean McGuinness (Chair), Larissa Cook (Deputy Chair), Ilan Lowbeer (Commissioner), Cameron Roan (Company Auditor, KPMG), Dominic Teakle, Hoshang Parekh, Keith Avery, Juliet Nguyen, Sue Purkiss, Rolf Schafer, Louise Portelli, Walter Gray, Helen Banu-Lawrence, Michelle Smith, Simon Frost, Malcolm Little OAM, Lyn Luu, Marian Casey, Mikaili Tiernan, Joanne Muller AM, David Czerkies OAM, Cheryl Langdon-Orr, Brian Daniell, Dr Matthew Glozier, Keith Avery, Wayde Walker, Yolander Au, Adnan AlRabeeah, Linden Regina, Louise Eckersley, Jennifer Rennie, Coretta Bessi, Damon Quinn, John Hay, Lydia Sharpin OAM, Lyn French, Mark Sawszak, Rachelle Mortera, Rob Lang, Dr Andrew Wines, Justin Tyra, Kalpana Ravichandran, Maha Elnajjar, Sue Campbell-Lloyd AM, Peter Kaye AM ESM, Anthony Stevens, Andrew North, Saad Mirza, Leigh Ries, Rebecca Skeete, Anita Truninger, Dr Evelyne Tadros, Peter Cameron, Summer Gao, Benjamin McClure, Fia Xu, Helen Hu Jennifer Joseph, Leonie Smith (EA) (58).
APOLOGIES
Joan Kyriazis, Matthew Griffiths, Emma Deadman, Mark Hutchings, Fiona Tait, Stephen Woodhill, Malcolm Knight, Jasmine Butwell, Kathleen Miller, Ingolf Peter Hickling, Erica Kaldas, Vanessa Lorford-Mills, Paul Houghton, Grant Whitten, Michelle McIvor, Kelly McGowan, Dianna Blackie, Jason Mayo, Milan Stenek, Blake Edgecombe, John Ward, Anthony O’Reilly, Pela O’Reilly, Anthony Lawrance, Trisha Spencer (25).
3. WELCOME TO MEMBERS
The Chair welcomed members of the Board and the Executive Team present. The Chair also welcomed members of the State Councillors, the State Council President and Members of St John Ambulance Australia (NSW) (St John or the Company)
The Chair also welcomed Mr Cameron Roan, a Partner with KPMG, the Company’s Auditor. The Chair noted that Mr Roan would be available to answer any questions with respect to the auditor’s report and the conduct of the audit.
The Chair also noted the format of the meeting which was set out in the Notice of Meeting as distributed to members on 17 April 2025. The Chair requested that with the permission of the Members present that the Notice of Meeting would be taken as read.
Proxies
The Chair noted that prior to the meeting proxies had been received. The CEO then detailed the direction of the proxies:
Proxies to the Chair (4)
Emma Deadman
Jasmine Butwell
Erica Kaldas
Stephen Woodhill
Proxies to Louise Eckersley (1)
Michelle McIvor
4.
Proxies to the Company Secretary (2)
Joan Kyriazis
Mark Hutchings
The Chair noted that all proxies directed to the Chair of the meeting and Company Secretary will be voted in favour of each of the resolutions.
ANNUAL GENERAL MEETING MINUTES OF 9 MAY 2024
The Chair noted that the Meeting Minutes of the 133rd Annual General Meeting of the Company held on 9 May 2024 formed part of the papers for the meeting.
Resolution
That the minutes of the 133rd Annual General Meeting held on 9 May 2024 be adopted as an accurate record of the meeting.
Moved
By The Chair
SECONDED
David Czerkies OAM
The Chair invited any Members to raise any queries or questions regarding the minutes.
There were no queries or questions.
The motion was submitted to a vote and was CARRIED unanimously by a show of hands.
5. MATTERS ARISING
There were no matters arising from the previous meetings.
6.
ANNUAL FINANCIAL STATEMENTS
The Chair noted the Financial Statements of the Company and its controlled entity for the year ending 31 December 2024, together with the accompanying Auditors’ Report and Independence Declaration as required under the Australian Charities and Not-for-profits Commission Act 2012, were previously distributed to Members.
There were no questions received from Members with respect to the Annual Financial Statements prior to the meeting that had not be resolved directly with the Members in question
The Chair opened the forum to allow Members to raise any questions or queries on the Financial Statements.
Cheryl Langdon-Orr discussed the reduction in government grant funds from 2023 to 2024. The CEO responded noting the reduction was due to the cessation of the COVID-19 funding from NSW Health despite efforts to extend the grant.
There were no further queries or questions.
Resolution
That the Financial Statements for the year ended 31 December 2024 be adopted.
Moved By The Chair
SECONDED
Wayde Walker
The motion was submitted to a vote and was CARRIED unanimously by a show of hands.
7. YEAR IN REVIEW
The CEO noted the significant impact throughout 2024 of St John NSW in the community with members attending 2,932 events and treating 9,809 patients, volunteering more than 275,000 hours of service and training over 45,000 people with the skills to save a life. The CEO thanked the 3,000+ volunteers and cadets who are dedicated to serving St John.
The CEO noted St John NSW recognition as a participating organisation in the NSW Health Services Functional Area Supporting Plan providing the platform for positioning and recognition of our impact and have been included as a key stakeholder at Health Services Functional Area Sub Committee meetings to receive updates on emergency preparedness and response activities across the health system.
The CEO noted:
• The significant efforts of GM PPC Vanessa Lorford-Mills, Linden Regina and the PPC Team, the Centre for Volunteering recognised St John NSW as an Exemplary Volunteer Organisation being the first major volunteer organisation in NSW to achieve such a significant honour which recognises the rigour of our volunteer management processes and the dedication of our staff and volunteers.
• Event Health Services teams continued to serve the community through excellence in medical event services to many of the key community events across the state including the Sydney Harbour New Years Eve celebrations, continuing with HOKA Half Marathon, the Sydney Marathon, City2Surf, Oztag International and Repco Bathurst 1000 to name just a few. Our longterm contracts with Qudos Areana and McDonald Jones Stadium continue to anchor the diversity and proficiency of our medical services.
• Continued support of the Sydney Royal Easter Show and, for the first time, showcased our commercial services to the community through first aid demonstrations, pet first aid talks and product exhibits.
• Submission and approval of the Reflect Reconciliation Action Plan with Reconciliation Australia
• Relocation to a new state operations centre and official opening by The Hon Ryan Park MP Minister for Health together with senior emergency services and senior Government executives from Health and Restructure NSW
• Key focus on funding for St John NSW much like NSW SES, RFS for the critical role St John NSW continues to play in disaster and emergency response.
A short video was shown as a 2024 review of the events, work and people of St John NSW.
8. BOARD UPDATE
The Chair acknowledged the contributions of members over the 2024 year.
The Chair noted the conclusion of his term as both a Non-Executive Director and Chair of St John Ambulance Australia NSW in November 2025. The Chair noted the Board’s commitment to best practice governance and the undertaking of structured succession planning in 2025 to support the leadership transition. The Chair announced the current Deputy Chair Ms Larissa Cook would be appointed as the next Chair of St John Ambulance Australia NSW.
The Chair noted his deep appreciation for the trust and support received throughout his tenure as Chair and thanked members for the opportunity to serve.
9. GENERAL BUSINESS
The Chair noted there were no questions received from Members concerning General Business before the meeting.
The Chair opened the forum to allow Members to raise any questions or queries of General Business.
The Deputy Chair thanked the outgoing Chair Mr Sean McGuinness for his outstanding leadership and commitment to St John
The NSW State Council President Ms Joanne Muller AM proposed a vote of thanks to the outgoing Chair
The Chair acknowledged there was no further business.
10. CLOSE
The Chair thanked everyone for taking the time to join the meeting, and with no further business, declared the 134th Annual General Meeting closed at 6.35pm.
CERTIFIED AS CORRECT
CONFIRMED at AGM
Chair: Chair: Date: Date: 19 June 2025
St John Ambulance NSW FINANCIAL REPORT 2025
St John Ambulance Australia (NSW) and its controlled entity
ABN 84 001 738 370
General Purpose Financial Report
For the financial year ended 31 December 2025
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Directors' Report
TheDirectorspresenttheirreportonStJohnAmbulanceAustralia(NSW)theCompanyorStJohnAmbulanceNSW)andits controlled entity (collectively referred to as the Group) for the financial year ended 31 December 2025.
TheCompanyisanot-for-profitentitylimitedbyguaranteewithnosharecapitalundertheprovisionsofthe AustralianCharities and Not-for-profits Commission Act 2012 (Cth).
Our Purpose
StJohnNSWisproudtobepartoftherespectedglobalStJohnorganisation,foundedonthehistoricandhumanitariantraditions oftheOrderofStJohn.Ourmissionistoservehumanitythroughtheprovisionoffirstaidtraining,medicalservicesand emergency response support to communities.
GuidedbytheOrder’scoreprinciplesofservice,integrityandcompassion,StJohnNSWworkstocreatesaferandmore resilientcommunities.Throughfirstaidtraining,communityeducationandvolunteermedicalservices,weequipindividualsand organisations with the knowledge, confidence and resources needed to respond effectively in medical emergencies.
RecognisedasavitalcomponentoftheNSWhealthcareandemergencymanagementsystem,StJohnNSWisdesignatedas theMedicalReservewithintheNSWStateEmergencyManagementPlan(EMPLAN),undertheNSWHealthServicesFunctional AreaSupportingPlan.Ourvolunteersstandreadytoaidintimesofdisasterandemergency,strengtheningcommunityresilience and helping to save lives.
Serving Our Communities
Formorethan140years,StJohnNSWhastrainedandsupportedcommunitiesacrossNSW.Today,theorganisationcontinuesto operateasatrustedcharityandaccreditedfirstaidtrainingprovider,deliveringservicesthatimprovepublicsafetyandstrengthen community preparedness.
Ourvolunteersremainthefoundationofourorganisation.In2025,morethan3,000dedicatedmembersformedtheNSWMedical Reserve, providing medical care at community events and supporting emergency response deployments across the state.
Duringtheyear,StJohnNSWsupported3,045communityevents,providingmedicalassistanceto9,645patients.Theseevents rangedfromlocalsportingactivitiesandcommunitygatheringstolarge-scalepubliceventsandmajorfestivals.Participationin theseactivitiesstrengthenstheclinicalcapability,operationalreadinessandteamworkofourvolunteers,ensuringtheyremain ready to respond during major incidents and emergencies.
ThesedeploymentshighlighttheimportantroleStJohnNSWplaysinsupportingthebroaderemergencyresponsesystemacross the state.
Youth Development and Community Resilience
In2025,StJohnNSWproudlycelebrated100yearsofempoweringyoungpeoplethroughtheStJohnYouthProgram.Fora century,theprogramhashelpedyoungpeopledevelopleadershipcapabilities,buildlife-savingskills,andfosterastrongsense of community service.
ProgramssuchasCadetsandFirstAidinSchoolscontinuetoequipyoungpeoplewiththeknowledgeandconfidencetoact inemergencies.Theseinitiativesnotonlybuildindividualcapabilitybutalsocontributetosaferandmoreresilientcommunities across NSW.
•
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Directors' Report
Commercial Services Supporting Our Mission
StJohnNSWoperatesasasocialenterprise,deliveringfirstaidtraining,medicalproducts,andcommunityhealthservicesthat both improve public safety and help sustain our volunteer operations.
During2025,StJohnNSWtrainedmorethan50,000peopleinaccreditedfirstaidprogramsacross47traininglocations throughoutthestate.Eachindividualtrainedrepresentsanothermemberofthecommunityequippedwiththeskillstorespondin a medical emergency.
Inaddition,StJohnNSWserviced30,951firstaidkitsforworkplaces,communityorganisations,andpublicfacilities,helping ensure that appropriate equipment is available when it is needed most.
Strategic Focus
TheenvironmentinwhichStJohnNSWoperatescontinuestoevolve,withincreasingcommunityexpectations,changesin healthcaredelivery,andadynamiccommercialenvironment.Inresponse,StJohnNSWhasadoptedaseriesofStrategic Imperatives for 2025–2027, designed to ensure a sustainable and resilient future being:
• Aligned and Deployable Workforce
Market Connection and Differentiated Proposition
• Collaborative, Adaptive and Responsive
Financial Results
StJohnNSWrecordedanoperatingdeficitof$2.39millionin2025,animprovementfromthe$5.41milliondeficitrecordedin 2024. This reflects a year of continued operational activity combined with disciplined cost management across the organisation.
Totalincomefortheyearwas$29.8million,broadlyconsistentwiththeprioryear($29.1million).Revenuefromcoreoperations remainedstableat$27.7million,reflectingthecontinueddemandforfirstaidtraining,eventmedicalservices,andthesupply andservicingoffirstaidproducts.Otherrevenueincreasedduringtheyearreflectinggrants,partnershipsandadditionalfunding supporting community programs and operational capability.
Totalexpensesfortheyearwere$32.3million,comparedwith$34.5millionin2024.Thisreductionreflectsafocusoncost management and operational efficiencies implemented during the year, without compromising our service capability.
Employeeexpensesdecreasedto$13.9million(2024:$14.9million),reflectingworkforcerestructuringandimprovedalignment of resources with operational priorities. Marketing, administration and other operating expenses also reduced during 2025.
Duringtheyear,StJohnNSWcontinuedtoinvestinoperationalcapabilityandservicedelivery.Thisincludedinvestmentinfleet and medical equipment to support volunteer operations and community response capability.
Thank You
Weextendoursinceregratitudetoourstaffandvolunteerswhosededicationcontinuestomakeaprofounddifferencein communitiesacrossNSW.Yourcommitmentandselflessserviceensurethatpeopleinneedreceivethecareandsupportthey require. Your efforts not only provide immediate aid but also build long-term resilience in the communities we serve.
In2025,StJohnNSWwassupportedbyabroadnetworkofpartners,fundersandcommunitysupporterswhosecontributions enabledthedeliveryoffirstaidtraining,communityprogramsandemergencyresponseservicesacrossNSW.Thissupport included grants, philanthropic funding, strategic partnerships and the generosity of individual donors.
Wealsoextendourappreciationtoourcorporateclientsandthosewhoengagewithourcommercialservices.Everytimeyou chooseStJohnforfirstaidtraining,workplacehealthsolutions,oreventmedicalservices,youcontributetooursocialenterprise model. Your support helps us reinvest in volunteer training, lifesaving equipment, and broader community health initiatives. Together,wearestrengtheningcommunityresilienceandensuringthatmoreAustraliansareequippedwiththeskillsand confidence to respond in emergencies.
Thank you for your ongoing commitment to our shared vision of a safer and healthier society.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Name and qualifications Board & Committee Membership Experience
LARISSA COOK BA (Hons), LLB, FGIA, GAICD
Deputy Chair of the Board until 23 November 2025, Chair of the Board from 24 November 2025, Chair of the Risk Committee until 11 December 2025, Member of the Nomination & Awards Committee from 11 December 2025.
▪Larissa brings to St John NSW nearly 30 years experience as a strategic commercial and legal advisor and Non-Executive Director with extensive and diverse experience in-house and in private practice both in Australia and internationally. Of particular relevance to St John is her specialisation in health and medical law as well as acting for emergency services and volunteer organisations.
▪As a Fellow of the Governance Institute of Australia (FGIA), a Fellow of the Australian Institute of Company Directors (FACD) and an experienced NED, Larissa has a comprehensive understanding of corporate governance and risk and compliance, and has been involved in significant review and implementation processes in this area.
▪ In addition to her role at St John NSW, Larissa has a diverse portfolio of profit for purpose directorships across the healthcare sector: she is a Director of the Central & Eastern Sydney Primary Health Network; Catholic Healthcare and Hunter Health Insurance.
Dr ANDREW WINES AM MBBS, FRACS (Orth), FAOrthA, GAICD
Deputy Chair of the Board from 11 December 2025; Member of the Risk Committee.
▪ Andrew is an experienced orthopaedic surgeon specialising in arthroscopic, minimally invasive, trauma, and reconstructive surgery of the foot and ankle in adults and children.
▪ He is the Director of the Sydney Foot and Ankle Fellowship and holds public and private hospital appointments across Sydney and regional NSW.
▪ With extensive leadership experience in medical governance, Andrew currently serves as Second Vice President and Treasurer of the Australian Orthopaedic Association (AOA), where he also chairs the Champions of Change committee. He is President of the Medical Benevolent Association of NSW, supporting doctors and their families, and Treasurer of the InternationalOrthopaedic Diversity Alliance. In addition to his medical leadership roles, he is a Director on the School Council of Knox Grammar School.
▪A Churchill Fellow and dedicated advocate for professional excellence in healthcare, Andrew has been actively involved in medical education, ethics, and governance throughout his career.
ILAN LOWBEER CStJ, BEng, MSc, GAICD Commissioner Member of the Nomination & Awards Committee.
▪Ilan has devoted over 25 years to St John as a volunteer and leader. His extensive service includes roles such as Superintendent of the Major Events and Incidents Group and Deputy Commissioner. He has deployed in leadership and clinical capacities during major natural disasters, including bushfires, floods, and the COVID-19 pandemic.
▪Professionally, Ilan has over two decades of experience in the oil and gas sector, specialising in commodity trading and supply chain management. His operational acumen and leadership contribute to St John’s emergency response capability. Ilan’s dedication has been recognised through numerous honours, including the Centenary Medal and the National Emergency Medal.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Directors' Report
CORETTA BESSI BCom, MBA, GAICD
Member of the Finance, Audit &
Investment Committee.
HELEN HU GAICD, FCA, CPA, FGIA
Appointed 13 November 2025. Chair of the Finance, Audit & Investment Committee since 11 December 2025.
▪Helen is a highly experienced non-executive director and finance executive with over two decades of leadership across corporate, notfor-profit, and government-aligned sectors.
▪She has held senior roles in national agriculture, education, sport, and multicultural health organisations and brings deep expertise in audit, risk, compliance, and investment management.
▪Helen currently serves on the board of the Energry and Water Ombudsman NSW She is pre-qualified to chair audit and risk committees for NSW Government entities and is a Fellow of both the Chartered Accountants ANZ, the Governance Institute of Australia, a Graduate member of the Australian Institute of Company Directors and a member of CPA Australia.
Member of the Finance, Audit & Investment Committee.
▪Peterisarespectedleaderintheprofit-for-purposesector,serving astheCEOofTheDukeofEdinburgh’sInternationalAward (Australia).Withextensiveboardandexecutiveexperience,Peter hasdrivenphilanthropicinitiativesandsocialimpactprogramsacross Australia and the Pacific region.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Directors' Report
LOUISE PORTELLI BA,GAICD
STEPHEN WOODHILL BA, MComm, FCCPA, AFAMI, MAICD, MPRIA, CPM
Chair of the Risk Committee.▪Louisebringsover20yearsofexecutiveleadershipexperiencein corporatestrategy,customerengagement,anddigitaltransformation. Shehasadvisedlargefinancialinstitutionsandpublicsector organisationsoneffectivechangemanagementandoperational improvement.
▪Stephenisaseasonedgovernanceandcommunications professionalwithsignificantexperienceleadingadvocacy organisationsandstakeholderengagementprograms.AsCEOof anationalnot-for-profitindustryassociation,heisdedicatedto advancing the role of CFOs in business leadership.
▪Stephen’sextensivebackgroundinpublicaffairs,marketing,and corporategovernanceprovidesvaluablestrategicoversighttoStJohn NSW.Hispassionforsocialimpactisevidentthroughhiscontributions to numerous charitable initiatives.
DR EVELYNE TADROS
DHSc, MBehSc, BA, GAICD
Retired 23 November 2025. Former Chair of the Board, Former Chair of the Audit & Investment Committee.
Retired 15 September 2025, Former Member of the Risk Committee.
▪InadditiontohisrolewithStJohnNSW,SeanservedasaDirector ontheStJohnAmbulanceAustraliaNationalBoard.Hisgovernance experienceincludedsupportingorganisationstonavigategrowth, operational reform, and cultural transformation.
▪SeanisaCommanderwiththeMostVenerableOrderofStJohn andaFellowoftheAustralianInstituteofCompanyDirectorsand Chartered Accountants Australia & New Zealand.
▪Evelyne is ahighlyexperiencedleaderinhealthcare,policy advocacy,andsystemicreform.WithaDoctorateinHealthScience andleadershiprolesinmentalhealthorganisations,Evelynebrings deep insights into service delivery and health system improvement.
▪HercommitmenttoinclusivehealthcareaccessalignswithStJohn’s mission.EvelynecurrentlyservesasCEOoftheMentalHealth CoordinatingCouncil(NSW)andisaboarddirectorforseveral prominent health organisations.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Directors' Report
MEETINGS OF DIRECTORS'
ThenumberofDirector’smeetings(includingmeetingsofcommitteesofDirectors)andnumberofmeetingsattendedbyeachof the Directors of the Group during the financial year are:
EVENTS SUBSEQUENT TO BALANCE DATE
No matters or circumstances have arisen which have significantly affected, or may significantly affect, the operations of the Group, the results of those operations or affairs of the Group in future financial years.
Larissa Cook Chair and Director Andrew Wines AM Deputy Chair and Director
Dated at Sydney 16th April 2026.
St John Ambulance Australia (NSW) and its controlled entity ABN 84
Consolidated Statement of Profit or Loss and Other Comprehensive Income
REVENUE
Product sales revenue
Training course fees revenue
Medical support services
Event fees revenue
Donations and bequests
Government grants
Other revenue
TOTAL REVENUE
OTHER INCOME
Gain on sale of property, plant & equipment
EXPENSES
Administration expenses
Contribution to St John Ambulance Australia (National Office)
Depreciation and amortisation
Distribution expenses
Employee expenses
Finance expenses
Marketing expenses
Property expenses
Training expenses
Transport expenses
Volunteer service expenses
Other expenses
DEFICIT FROM OPERATIONS
DEFICIT FOR THE YEAR
OTHER COMPREHENSIVE INCOME
Changes in the fair value of equity instruments
For the year ended 31 December 2025 20252024 Note $'000$'000 13,30012,773 8,8768,558 1,3841,437 3,0502,949 162 263 4 9411,860 5 2,0841,243 29,79729,083 95 1 (3,243)(3,567) (414)(388) 6 (2,650)(2,968) (6,041)(5,460) (13,853)(14,913) 7 (364)(344) (576)(834) (1,335)(1,103) (463)(612) (1,285)(1,225) (663)(1,401) (1,398)(1,684) (2,393)(5,415) (2,393)(5,415) 2751,776
TOTAL COMPREHENSIVE LOSS (2,118)(3,639)
St
Consolidated Statement of Financial Position
ASSETS
CURRENT ASSETS
Cash and cash equivalents
Trade and other receivables
Inventories
Other assets
Financial assets
TOTAL CURRENT ASSETS
NON-CURRENT ASSETS
Financial assets
Property, plant and equipment
Intangible assets
Right-of-use assets
TOTAL NON-CURRENT ASSETS
TOTAL ASSETS
As at 31 December 2025 20252024 Note $'000$'000 8 2,5512,567 9 2,1671,855 10 1,0431,275 7051,182 11 179 171 6,6457,050 11 19,07619,242 12 5,8136,757 13 65 80 14 5,6366,641 30,59032,720 37,23539,770
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Consolidated Statement of Changes in Equity
For the year ended 31 December 2025
3,29022,39725,687
Consolidated Statement of Cash Flows
For the year ended 31 December 2025 20252024
2,5512,567
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 1 Reporting entity
The financial report includes the consolidated financial statements and notes of St John Ambulance Australia (NSW) ('the Company') and its controlled entity ('the Group'). The Group is registered as a company limited by guarantee.
These consolidated financial statements were authorised for issue by the Board of Directors as of the date of the Directors Declaration.
Note 2 Basis of preparation
a) Statement of compliance
These consolidated financial statements are general purpose financial statements for distribution to the members and for the purpose of fulfilling the requirements of the Australian Charities and Not-for-profits Commission (ACNC) Act 2012. They have been prepared in accordance with Australian Accounting Standards - Simplified Disclosures made by the Australian Accounting Standards Board and the ACNC Act 2012.
The financial statements were authorised for issue by the Board of Directors on 16 April 2026.
Details of the Group's material accounting policies are included in Note 3.
b) Basis of measurement
The consolidated financial statements have been prepared on an accruals basis and are based on historical costs unless otherwise stated in the notes.
c) Functional and presentation currency and rounding
These consolidated financial statements are presented in Australian dollars, which is the Company’s functional currency. The Group is of a kind referred to in ASIC Corporations (Rounding in Financial/Directors’ Reports) Instrument 2016/191 and in accordance with that instrument, amounts in the consolidated financial statements and directors’ report have been rounded to the nearest thousand, unless otherwise stated.
d) Use of judgements and estimates
In preparing these consolidated financial statements, management has made judgements and estimates that affect the application of the Group’s accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.
Details of the specific judgement, estimates and assumptions that have the most significant effects on the amounts recognised in the consolidated financial statements are summarised in the Notes.
e) Key estimates
i. Impairment - general
The Group assesses impairment at the end of each reporting period by evaluation of conditions and events specific to the Group that may be indicative of impairment triggers. Recoverable amounts of relevant assets are reassessed using value-in-use calculations which incorporate various key assumptions.
ii. Estimation of useful lives of assets
The estimation of the useful lives of assets has been based on historical experience as well as manufacturers' warranties (for plant and equipment) and turnover policies (for motor vehicles). In addition, the condition of the assets is assessed at least once per year and considered against the remaining useful life. Adjustments to useful lives are made when considered necessary.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 2 Basis of preparation (continued)
e)Key estimates (continued)
Lease term
Theleasetermisasignificantcomponentinthemeasurementofboththeright-of-useassetandleaseliability.Judgementis exercisedindeterminingwhetherthereisreasonablecertaintythatanoptiontoextendtheleaseorpurchasetheunderlyingasset willbeexercised,oranoptiontoterminatetheleasewillnotbeexercised,whenascertainingtheperiodstobeincludedinthe leaseterm.Indeterminingtheleaseterm,allfactsandcircumstancesthatcreateaneconomicalincentivetoexerciseanextension option,ornottoexerciseaterminationoption,areconsideredattheleasecommencementdate.Factorsconsideredmayinclude theimportanceoftheassettotheGroup'soperations;comparisonoftermsandconditionstoprevailingmarketrates;incurrence ofsignificantpenalties;existenceofsignificantleaseholdimprovements;andthecostsanddisruptiontoreplacetheasset.The Groupreassesseswhetheritisreasonablycertaintoexerciseanextensionoption,ornotexerciseaterminationoption,ifthereis a significant event or significant change in circumstances.
Incremental borrowing rate iv.
Wheretheinterestrateimplicitinaleasecannotbereadilydetermined,anincrementalborrowingrateisestimatedtodiscount futureleasepaymentstomeasurethepresentvalueoftheleaseliabilityattheleasecommencementdate.Sucharateisbased onwhattheGroupestimatesitwouldhavetopayathirdpartytoborrowthefundsnecessarytoobtainanassetofasimilarvalue to the right-of-use asset, with similar terms, security and economic environment.
Lease make good provision v.
Aprovisionhasbeenmadeforthepresentvalueofanticipatedcostsforfuturerestorationofleasedpremises.Theprovision includesfuturecostestimatesassociatedwithclosureofthepremises.Thecalculationofthisprovisionrequiresassumptionssuch asapplicationofclosuredatesandcostestimates.Theprovisionrecognisedforeachsiteisperiodicallyreviewedandupdated basedonthefactsandcircumstancesavailableatthetime.Changestotheestimatedfuturecostsforsitesarerecognisedinthe statementofconsolidatedfinancialpositionbyadjustingtheassetandtheprovision.Reductionsintheprovisionthatexceedthe carrying amount of the asset will be recognised in profit or loss.
Allowance for expected credit losses
Theallowanceforexpectedcreditlossesassessmentrequiresadegreeofestimationandjudgement.Itisbasedonthelifetime expectedcreditloss,groupedbasedondaysoverdue,andmakesassumptionstoallocateanoverallexpectedcreditlossratefor each group. These assumptions include recent sales experience and historical collection rates.
WhererequiredbyAccountingStandardscomparativefigureshavebeenadjustedtoconformtochangesinpresentationfor thecurrentfinancialyear.WheretheGrouphasretrospectivelyappliedanaccountingpolicy,madearetrospectiverestatement orreclassifieditemsinitsfinancialstatements,anadditionalstatementoffinancialpositionasatthebeginningoftheearliest comparative period will be disclosed.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies
The Group has consistently applied the following accounting policies to all periods presented in these consolidated financial statements, except if mentioned otherwise.
a) Basis of consolidation
i. Controlled entities
The consolidated financial reports comprise of the financial statements of the Group and its subsidiaries. Subsidiaries are entities controlled by the Group. Control exists when the entity has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.
The financial statements of controlled entities are included in the consolidated financial report from the date control commences until the date control ceases.
ii.
Loss of control
When the Group loses control over a subsidiary, it derecognises the assets and liabilities of the subsidiary and other components of equity. Any resulting gain or loss is recognised in the profit or loss. Any interest retained in the former subsidiary is measured at fair value when control is lost.
iii. Transactions eliminated on consolidation
Intra-group balances and transactions, and any unrealised income and expense arising from intra-group transactions, are eliminated. Unrealised gains arising from transactions with associates are eliminated against the investment to the extent of the Group’s interest in the investee. Unrealised losses are eliminated in the same way as unrealised gains, but only to the extent that there is no evidence of impairment.
b) Foreign currency
Transactions in foreign currencies are translated into the respective functional currencies of the Group companies at the exchange rates at the dates of the transactions.
Monetary assets and liabilities denominated in foreign currencies are translated into the functional currency at the exchange rate at the reporting date. Non-monetary assets and liabilities that are measured at fair value in a foreign currency are translated into the functional currency at the exchange rate when the fair value was determined. Non-monetary items that are measured based on historical cost in a foreign currency are translated at the exchange rate at the date of the transaction.
Foreign currency differences are generally recognised in profit or loss and presented within finance costs.
c) Income tax
The Group are exempt institutions from income tax under Division 50 of the Income Tax Assessment Act 1997 The Group has deductible gift recipient (DGR) status.
d) Inventories
Inventories are measured at the lower of cost and net realisable value. Net realisable value represents the estimated selling price for inventories less all estimated costs of completion and costs necessary to make the sale.
e) Property plant & equipment
i. Recognition and measurement
Items of property, plant and equipment are measured at cost, which includes capitalised borrowing costs, less accumulated depreciation and any accumulated impairment losses.
If significant parts of an item of property, plant and equipment have different useful lives, then they are accounted for as separate items (major components) of property, plant and equipment.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
e)Property plant & equipment (continued)
i.Recognition and measurement (continued)
Any gain or loss on disposal of an item of property, plant and equipment is recognised in profit or loss.
Landandbuildingsarecarriedatcost,lessdepreciationandimpairmentlossesonbuildings.Thecarryingamountoflandand buildings is reviewed annually by the Directors to ensure that it is not in excess of the recoverable amount from those assets.
Subsequentexpenditureiscapitalisedonlyifitisprobablethatthefutureeconomicbenefitsassociatedwiththeexpenditurewill flow to the Group.
Depreciationiscalculatedtowriteoffthecostofitemsofproperty,plantandequipmentlesstheirestimatedresidualvaluesusing the straight- line method over their estimated useful lives, and is generally recognised in profit or loss. Land is not depreciated.
The estimated useful lives of property, plant and equipment for current and comparative periods are as follows:
Buildings
Furniture and equipment
Motor vehicles
20 – 30 years
3 – 15 years
8 years
Depreciation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.
Atinceptionofacontract,theGroupassesseswhetheracontractis,orcontains,alease.Acontractis,orcontains,aleaseifthe contract conveys the right to control the use of an identified asset for a year of time in exchange for consideration.
As a lessee i.
Atcommencementoronmodificationofacontractthatcontainsaleasecomponent,theGroupallocatestheconsiderationinthe contracttoeachleasecomponentonthebasisofitsrelativestand-aloneprices.However,fortheleasesofpropertytheGroup haselectednottoseparatenon-leasecomponentsandaccountfortheleaseofpropertytheGrouphaselectednottoseparate non-lease components and account for the lease and non-lease components as a single lease component.
TheGrouprecognisesaright-of-useassetandaleaseliabilityattheleasecommencementdate.Theright-of-useassetisinitially measuredatcost,whichcomprisestheinitialamountoftheleaseliabilityadjustedforanyleasepaymentsmadeatorbeforethe commencementdate,plusanyinitialdirectcostsincurredandanestimateofcoststodismantleandremovetheunderlyingasset or to restore the underlying asset or the site on which it is located, less any lease incentives received.
The estimated useful life used for each class of right-of-use assets is: Leases of land and buildings 3 – 10 years
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
f)Leases (continued)
i.As a lessee (continued)
Theleaseliabilityisinitiallymeasuredatthepresentvalueoftheleasepaymentsthatarenotpaidatthecommencementdate, discountedusingtheinterestrateimplicitintheleaseor,ifthatratecannotbereadilydetermined,theGroup’sincremental borrowing rate. Generally, the Group uses its incremental borrowing rate as the discount rate.
TheGroupdeterminesitsincrementalborrowingratebyobtaininginterestratesfromvariousexternalfinancingsourcesand makes certain adjustments to reflect the terms of the lease and type of the asset leased.
Lease payments included in the measurement of the lease liability comprise the following:
fixed payments, including in-substance fixed payments;variableleasepaymentsthatdependonanindexorarate,initiallymeasuredusingtheindexorrateasatthe commencement date;amounts expected to be payable under a residual value guarantee; andtheexercisepriceunderapurchaseoptionthattheGroupisreasonablecertaintoexercise,leasepaymentsinanoptional renewalperiodiftheGroupisreasonablycertaintoexerciseanextensionoption,andpenaltiesforearlyterminationofa lease unless the Group is reasonably certain not to terminate early.
Theleaseliabilityismeasuredatamortisedcostusingtheeffectiveinterestmethod.Itisremeasuredwhenthereisachange infutureleasepaymentsarisingfromachangeinanindexorrate,ifthereisachangeintheGroup’sestimateoftheamount expectedtobepayableunderaresidualvalueguarantee,iftheGroupchangesitsassessmentofwhetheritwillexercisea purchase, extension or termination option or if there is a revised insubstance fixed lease payment.
Whentheleaseliabilityisremeasuredinthisway,acorrespondingadjustmentismadetothecarryingamountoftheright-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero.
Cashandcashequivalentsincludescashonhand,depositsheldatcallwithfinancialinstitutions,othershort-term,highlyliquid investmentswithoriginalmaturitiesofthreemonthsorlessthatarereadilyconvertibletoknownamountsofcashandwhichare subjecttoaninsignificantriskofchangesinvalueandbankoverdrafts.Bankoverdraftsareshownwithinborrowingsincurrent liabilities on the consolidated statement of financial position.
Tradereceivablesanddebtsecuritiesissuedareinitiallyrecognisedwhentheyareoriginated.Allotherfinancialassetsand financial liabilities are initially recognised when the Group becomes a party to the contractual provisions of the instrument.
Afinancialasset(unlessitisatradereceivablewithoutasignificantfinancingcomponent)orfinancialliabilityisinitiallymeasured atfairvalueplus,foranitemnotatfairvaluethroughprofitandloss(FVTPL),transactioncoststhataredirectlyattributabletoits acquisition or issue. A trade receivable without a significant financing component is initially measured at the transaction price.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
h)Financial instruments (continued)
Classification and subsequent measurement ii.
Financial assets
On initial recognition, a financial asset is classified as measured at amortised cost or FVTPL.
FinancialassetsarenotreclassifiedsubsequenttotheirinitialrecognitionunlesstheGroupchangesitsbusinessmodelfor managingfinancialassets,inwhichcaseallaffectedfinancialassetsarereclassifiedonthefirstdayofthefirstreportingperiod following the change in the business model.
A financial asset is measured at amortised cost if it meets both of the following conditions and is not designated as at FVTPL:
it is held within a business model whose objective is to hold assets to collect contractual cash; anditscontractualtermsgiveriseonspecifieddatestocashflowsthataresolelypaymentsofprincipalandinterestonthe principal amount outstanding.
FinancialassetsnotclassifiedasmeasuredatamortisedcostasdescribedabovearemeasuredatFVTPL.Oninitialrecognition, theGroupmayirrevocablydesignateafinancialassetthatotherwisemeetstherequirementstobemeasuredatamortisedcost as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise.
Financialassetsinthe“atamortisedcost”categoryparticularlyincludetradeaccountsreceivable(notincludingfactoring),cash and cash equivalents and other receivables.
Cashequivalentsareshort-term,extremelyliquidfinancialinvestmentsthatcanbeconvertedtocashatanytimeandthatare only subject to insignificant risks of changes in value.
Financial assets - business model assessment
TheGroupmakesanassessmentoftheobjectiveofthebusinessmodelinwhichafinancialassetisheldataportfoliolevel abecausethisbestreflectsthewaythebusinessismanagedandinformationisprovidedtomanagement.Theinformation considered includes:
thestatedpoliciesandobjectivesfortheportfolioandtheoperationofthosepoliciesinpractice.Theseincludewhether management’sstrategyfocusesonearningcontractualinterestincome,maintainingaparticularinterestrateprofile, matchingthedurationofthefinancialassetstothedurationofanyrelatedliabilitiesorexpectedcashoutflowsorrealising cash flows through the sale of the assets;
how the performance of the portfolio is evaluated and reported to the Group’s management;therisksthataffecttheperformanceofthebusinessmodel(andthefinancialassetsheldwithinthatbusinessmodel)and how those risks are managed;
howmanagersofthebusinessarecompensated-e.g.whethercompensationisbasedonthefairvalueoftheassets managed or the contractual cash flows collected; and
thefrequency,volumeandtimingofsalesoffinancialassetsinpriorperiods,thereasonsforsuchsalesandexpectations about future sales activity.
Transfersoffinancialassetstothirdpartiesintransactionsthatdonotqualifyforderecognitionarenotconsideredsalesforthis purpose, consistent with the Group’s continuing recognition of the assets.
Financialassetsthatareheldfortradingoraremanagedandwhoseperformanceisevaluatedonafairvaluebasisaremeasured at FVTPL.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
h)Financial instruments (continued)
ii.Classification and subsequent measurement (continued)
Financial assets - assessment whether contractual cash flows are solely payments of principal and interest
Forthepurposesofthisassessment,‘principal’isdefinedasthefairvalueofthefinancialassetoninitialrecognition.‘Interest’ isdefinedasconsiderationforthetimevalueofmoneyandforthecreditriskassociatedwiththeprincipalamountoutstanding duringaparticularperiodoftimeandforotherbasiclendingrisksandcosts(e.g.liquidityriskandadministrativecosts),aswell as a profit margin.
contingent events that would change the amount or timing of cash flows;terms that may adjust the contractual coupon rate, including variable-rate features;prepayment and extension features; andterms that limit the Group's claim to cash flows from specified assets (e. g. non-recourse features). -
Financial assets - subsequent measurement and gains and losses
Financial assets at FVTPL
Financial assets at amortised cost
These assets are subsequently measured at fair value. Net gains and losses, including any interest or dividend income, are recognised in profit or loss.
These assets are subsequently measured at amortised cost using the effective interest method. The amortised cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognised in profit or loss. Any gain or loss on derecognition is recognised in profit or loss.
Financial liabilities - classification, subsequent measurement and gains and losses
FinancialliabilitiesareclassifiedasmeasuredatamortisedcostorFVTPL.AfinancialliabilityisclassifiedasatFVTPLifitis classifiedasheld-for-trading.FinancialliabilitiesatFVTPLaremeasuredatfairvalueandnetgainsandlosses,includingany interestexpense,arerecognisedinprofitorloss.Otherfinancialliabilitiesaresubsequentlymeasuredatamortisedcostusingthe effectiveinterestmethod.Interestexpenseandforeignexchangegainsandlossesarerecognisedinprofitorloss.Anygainor loss on derecognition is also recognised in profit or loss.
Financial liabilities in the category “at amortised cost” are mainly liabilities (borrowings) to banks and trade accounts payables.
iii.
Derecognition
Financial assets
TheGroupderecognisesafinancialassetwhenthecontractualrightstothecashflowsfromthefinancialassetexpire,orit transferstherightstoreceivethecontractualcashflowsinatransactioninwhichsubstantiallyalloftherisksandrewardsof ownershipofthefinancialassetaretransferredorinwhichtheGroupneithertransfersnorretainssubstantiallyalloftherisksand rewards of ownership and it does not retain control of the financial asset.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
h)Financial instruments (continued)
iii.Derecognition (continued)
Financial assets (continued)
TheGroupentersintotransactionswherebyittransfersassetsrecognisedinitsconsolidatedstatementoffinancialposition,but retainseitherallorsubstantiallyalloftherisksandrewardsofthetransferredassets.Inthesecases,thetransferredassetsare not derecognised.
Financial liabilities
TheGroupderecognisesafinancialliabilitywhenitscontractualobligationsaredischargedorcancelled,orexpire.TheGroupalso derecognisesafinancialliabilitywhenitstermsaremodifiedandthecashflowsofthemodifiedliabilityaresubstantiallydifferent, in which case a new financial liability based on the modified terms is recognised at fair value.
Onderecognitionofafinancialliability,thedifferencebetweenthecarryingamountextinguishedandtheconsiderationpaid (including any non-cash assets transferred or liabilities assumed) is recognised in profit or loss.
Offsetting iv.
Financialassetsandfinancialliabilitiesareoffsetandthenetamountpresentedinthestatementoffinancialpositionwhen,and onlywhen,theGroupcurrentlyhasalegallyenforceablerighttosetofftheamountsanditintendseithertosettlethemonanet basis or to realise the asset and settle the liability simultaneously.
Impairmentlossesarereversedthroughprofitorlosswhenthereisanindicationthattheimpairmentlossmaynolongerexistand there has been a change in the estimate used to determine the recoverable amount.
Non-current assets held for sale and discontinued operations
Non-currentassetsareclassifiedasheldforsaleiftheircarryingamountwillberecoveredprincipallythroughasaletransaction ratherthanthroughcontinuinguseandasaleisconsideredprobable.Theyaremeasuredattheloweroftheircarryingamount and fair value less costs to sell.
Intangibles k)
Recognition and measurement
Software has a finite useful life and is carried at cost less accumulated amortisation and impairment losses.
Subsequent expenditure
Subsequentexpenditureiscapitalisedonlywhenitincreasesthefutureeconomicbenefitsembodiedinthespecificassettowhich itrelates.Allotherexpenditure,includingexpenditureoninternallygeneratedgoodwillandbrands,isrecognisedinprofitorloss as incurred.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
k)Intangibles (continued)
Amortisationiscalculatedtowriteoffthecostofintangibleassetslesstheirestimatedresidualvaluesusingthestraight-line method over their estimated useful lives, and is generally recognised in profit or loss.
The estimated useful lives for current and comparative periods are as follows:
Software
3 - 10 years
Amortisation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.
Employee benefits
ProvisionismadefortheGroup'sobligationforshort-termemployeebenefits.Short-termemployeebenefitsarebenefits(other thanterminationbenefits)thatareexpectedtobesettledwhollywithin12monthsaftertheendoftheannualreportingperiod inwhichtheemployeesrendertherelatedservice,includingwages,salaries,annualleaveandlongserviceleave.Short-term employee benefits are measured at the (undiscounted) amounts expected to be paid when the obligation is settled.
TheGroup'sobligationsforshort-termemployeebenefitssuchaswagesandsalariesarerecognisedasapartofcurrenttrade and other payables in the consolidated statement of financial position.
TheGroupclassifiesemployees'longserviceleaveentitlementsasotherlong-termemployeebenefitsastheyarenotexpectedto besettledwhollywithin12monthsaftertheendoftheannualreportingperiodinwhichtheemployeesrendertherelatedservice. ProvisionismadefortheGroup'sobligationforotherlong-termemployeebenefits,whicharemeasuredatthepresentvalueofthe expectedfuturepaymentstobemadetoemployees.Expectedfuturepaymentsincorporateanticipatedfuturewageandsalary levels,durationsofserviceandemployeedepartures,andarediscountedatratesdeterminedbyreferencetomarketyieldsatthe endofthereportingperiodongovernmentbondsthathavematuritydatesthatapproximatethetermsoftheobligations.Upon theremeasurementofobligationsforotherlong-termemployeebenefits,thenetchangeintheobligationisrecognisedinprofitor loss classified under employee benefits expense.
TheGroup'sobligationsforlong-termemployeebenefitsarepresentedasnon-currentliabilitiesinitsconsolidatedstatementof financialposition,exceptwheretheGroupdoesnothaveanunconditionalrighttodefersettlementforatleast12monthsafterthe end of the reporting period, in which case the obligations are presented as current liabilities.
Amountsdisclosedasrevenuearenetofreturns,tradeallowancesanddutiesandtaxesincludinggoodsandservicestax(GST). Revenue is recognised for the major business activities as follows:
Revenue from contracts with customers
RevenueisrecognisedatanamountthatreflectstheconsiderationtowhichtheGroupisexpectedtobeentitledinexchangefor transferringgoodsorservicestoacustomer.Foreachcontractwithacustomer,theGroup:identifiesthecontractwithacustomer; identifiestheperformanceobligationsinthecontract;determinesthetransactionpricewhichtakesintoaccountestimatesof variableconsiderationandthetimevalueofmoney;allocatesthetransactionpricetotheseparateperformanceobligationsonthe basisoftherelativestand-alonesellingpriceofeachdistinctgoodorservicetobedelivered;andrecognisesrevenuewhenoras each performance obligation is satisfied in a manner that depicts the transfer to the customer of the goods or services promised.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
m)Revenue & other income (continued)
i.Revenue from contracts with customers (continued)
Variableconsiderationwithinthetransactionprice,ifany,reflectsconcessionsprovidedtothecustomersuchasdiscounts, rebatesandrefunds,anypotentialbonusesreceivablefromthecustomerandanyothercontingentevents.Suchestimates aredeterminedusingeitherthe'expectedvalue'or'mostlikelyamount'method.Themeasurementofvariableconsideration issubjecttoaconstrainingprinciplewherebyrevenuewillonlyberecognisedtotheextentthatitishighlyprobablethata significantreversalintheamountofcumulativerevenuerecognisedwillnotoccur.Themeasurementconstraintcontinuesuntil theuncertaintyassociatedwiththevariableconsiderationissubsequentlyresolved.Amountsreceivedthataresubjecttothe constraining principle are recognised as a refund liability.
Otherthangrantandrentalrevenue,allrevenueisrecognisedatapointintimewhenthegoodsaredeliveredorthecourses/ events have occurred.
Sale of goods ii.
Revenuefromthesaleofgoodsisrecognisedatthepointintimewhenthecustomerobtainscontrolofthegoods,whichis generally at the time of delivery.
iii.
Training courses and events
Revenue from training courses and events is recognised at the point in time when the training course/event has occurred.
iv.
Rendering of services
Revenuefromacontracttoprovideservicesisrecognisedovertimeastheservicesarerenderedbasedoneitherafixedpriceor an hourly rate.
Interest revenue v.
Interest revenue is recognised on a proportional basis taking into account the interest rates applicable to the financial assets.
vi.
Dividend and other investment revenue
Dividends and other investment revenue are recognised when the right to receive payment is established.
TheGroup'sactivitiesaresupportedbygrantsreceivedfromthefederalandstategovernments,andotherparties.Ifgrants arereceivedforspecificpurposesandareconsideredenforceable,grantrevenueisrecognisedasaliabilityandrevenueis recognised as services are performed. If grant revenue is not for specific purposes or enforceable, it is recognised on receipt.
vii. Grants viii. Contributions in kind ix.
Contributionsinkindarerecognisedasincomewhencontroloftheitemofproperty,plantandequipmentcontributedpassesto the Group at fair value at the date of the contribution.
Volunteer services x.
TheGrouphaselectednottorecognisevolunteerservicesaseitherrevenueorotherformofcontributionreceived.Assuch,any related consumption or capitalisation of such resources received is also not recognised.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 3 Material accounting policies (continued)
Provisions
ProvisionsarerecognisedwhentheGrouphasapresentobligation(legalorconstructive)asaresultofapastevent,itisprobable that the Group will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.
Theamountrecognisedasaprovisionisthebestestimateoftheconsiderationrequiredtosettlethepresentobligationattheend ofthereportingperiod,takingintoaccounttherisksanduncertaintiessurroundingtheobligation.Whenaprovisionismeasured usingthecashflowsestimatedtosettlethepresentobligation,itscarryingamountisthepresentvalueofthosecashflows(where the effect of the time value of money is material).
Whensomeoralloftheeconomicbenefitsrequiredtosettleaprovisionareexpectedtoberecoveredfromathirdparty,a receivableisrecognisedasanassetifitisvirtuallycertainthatreimbursementwillbereceivedandtheamountofthereceivable can be measured reliably.
Goods and service tax (GST)
Revenues, expenses and assets are recognised net of the amount of goods and services tax (GST), except:
wheretheamountofGSTincurredisnotrecoverablefromthetaxationauthority,itisrecognisedaspartofthecostof acquisition of an asset or as part of an item of expense; or
for receivables and payables which are recognised inclusive of GST.
The net amount of GST recoverable from, or payable to, the taxation authority is included as part of receivables or payables.
Cashflowsareincludedinthestatementofcashflowsonagrossbasis.TheGSTcomponentofcashflowsarisingfrominvesting and financing activities which is recoverable from, or payable to, the taxation authority is classified within operating cash flows.
Trade and other receivables
For all sources of recurrent income, trade receivables are recognised at cost value less provision for doubtful debts.
TheGroupassessesonaforward-lookingbasistheexpectedcreditlossesassociatedwithitsdebtinstrumentscarriedat amortisedcostandfairvaluethroughothercomprehensiveincome.Theimpairmentmethodologyapplieddependsonwhether therehasbeenasignificantincreaseincreditrisk.Fortradereceivables,theGroupappliesthesimplifiedapproachpermittedby AASB 9, which requires expected lifetime losses to be recognised from initial recognition of the receivables.
For the year ended 31 December 2025 Note 11 Financial assets (continued)
755,813
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025 20252024
Note 13 Intangible assets $'000$'000
Note 14 Leases
Leases as lessee a)
TheGroupleaseslandandbuildingsforitsofficesandtrainingfacilitiesunderagreementsofbetweenthreetofiveyearswith,in somecases,optionstoextend.Theleaseshavevariousescalationclauses.Onrenewal,thetermsoftheleasesarerenegotiated. The Group also leases motor vehicles under agreements of between three to ten years.
TheGroupleasesofficeequipmentunderagreementsoflessthanoneyear.Theseleasesareeithershort-termorlow-value,so have been expensed as incurred and not capitalised as right-of-use assets.
20252024
i)Right-of-Use Assets $'000$'000 Balance at 1 January 2025 6,6411,483 Additions to right-of-use assets 456,645 Depreciation charge for the year (1,050)(1,487) BALANCE AT 31 DECEMBER 2025 5,6366,641
ii)Future lease payments
Thetotaloffutureleasepayments(includingthoseleasepaymentsthatarenotincludedinthemeasurementoftheleaseliability, e.g. for short-term leases and leases of low-value items) are disclosed for each of the following years.
20252024 $'000$'000
Less than one year 1,2281,229 One to five years 4,6164,871 More than five years 2,1823,122 8,0269,222
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 14 Leases (continued)
Note 16 Employee entitlements
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025 20252024
Note 18 Other liabilities $'000$'000
Note 19 Reserves
Movement in the FVOCI reserve during the year is as follows: 20252024 $'000$'000
Unrestricted access was available to the following credit facilities at the reporting date: 20252024 $'000$'000
1,7181,718
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 20 Financing facilities (continued)
Security
Thefinancingfacilitiesaresecuredbyamortgageoverthelandandbuildingsat9StJohnsRoad,BlaxlandNSWandafirst registered charge over all of the assets of the Group.
Note 21 Company information
Asatandthroughoutthefinancialyearended31December2025,theparententityoftheGroupwasStJohnAmbulanceAustralia (NSW).StJohnAmbulanceAustralia(NSWTrust)Limitedwasadormantentitythroughoutthefinancialyearended31December 2025, as there were no operations. Therefore, all balances presented throughout this financial report represent the parent entity.
Note 22 Controlled entities
CONTROLLED ENTITIES CONSOLIDATED PARENT ENTITY
St John Ambulance Australia (NSW)
Note 23 Related parties
Directors’ remuneration
InaccordancewiththeGroup’sConstitution(Item10.16),aDirectorisnottobepaidfeesforactingassuchexceptpayment orreimbursementofreasonabledisbursementsrelatingtothebusinessandactivitiesoftheGrouporreasonablefeesfor professionalortechnicalservicestotheGrouppreviouslyapprovedbytheBoard.DirectorsmadedonationstotheGroupand purchaseditemsonnormalcommercialtermsduringtheperiod.Therewerenoothermaterialrelatedpartytransactionsduring the financial year.
Note 24 Contingent liabilities
TheGrouphasbeennotifiedofpotentialfuturelitigationbyanumberofformermembersoftheorganisationinrelationto allegationsofhistoricalsexualabuse.Themattersarestillinthepreliminarystage.TheinformationrequiredbyAASB137 Provisions,ContingentLiabilitiesandContingentAssets isnotdisclosedonthegroundsthatitcanbeexpectedtoprejudicethe outcome of the litigation.
On1July2018,inresponsetoRoyalCommissionintoInstitutionalResponsestoChildSexualAbuse,theNationalRedress Schemewasestablished.TheNationalRedressSchemeprovidessupporttopeoplewhoexperiencedinstitutionalchildsexual abuse. The Group has joined the National Redress Scheme.
TheGroupdoesnotknowwhatliability,ifany,itmayincurinrelationtoanypossiblelegalandotherexpensesasaresultofits participation in the National Redress Scheme and any past events.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Notes to the Consolidated Financial Statements
For the year ended 31 December 2025
Note 25 Limitation of member's liability
TheGroupisregisteredasaCompanylimitedbyguarantee,andinaccordancewiththeConstitutiontheliabilityofmembersof the Group in the event of the Company being wound up would not exceed $1 per member.
TheGroup’sNorfolkIslandCommunityFirstResponseprogramisdependentontheongoingreceiptoffinancialassistancefrom the Commonwealth Department of Infrastructure, Regional Development and Cities.
Financial Statements
Note 29 Subsequent events
Noothermattersorcircumstanceshavearisenwhichhavesignificantlyaffected,ormaysignificantlyaffect,theoperationsofthe Group, the results of those operations or affairs of the Group in future financial years.
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Directors' Declaration
In the opinion of the Directors of St John Ambulance Australia (NSW) and its controlled entity (the 'Group'):
a)
The financial statements and notes that as set out on pages 10 to 32 are in accordance with the Australian Charities and Not-for-profits Commission Act 2012, including:
givingatrueandfairviewoftheGroup'sfinancialpositionasat31December2025andofitsperformance,forthe financial year ended on that date; and i)
TherearereasonablegroundstobelievethattheGroupwillbeabletopayitsdebtsasandwhentheybecomedueand payable. b)
Signed in accordance with a resolution of the Directors.
Dated at Sydney 16th April 2026.
Larissa Cook Chair and Director
Andrew Wines AM
Deputy Chair and Director
St John Ambulance Australia (NSW) and its controlled entity ABN 84 001 738 370
Directors’ Declaration Under the Charitable Fundraising Act
In the opinion of the Directors of St John Ambulance Australia (NSW) and its controlled entity (the 'Group'):
i)
ii)
Theconsolidatedfinancialstatementsandnotestheretogiveatrueandfairviewofallincomeandexpenditurewithrespect to fundraising appeals conducted by the organisation for the year ended 31 December 2025;
Thestatementoffinancialpositionasat31December2025giveatrueandfairviewofthestateofaffairsoftheGroupwith respect to fundraising appeals conducted by the organisation;
Theprovisionsofthe CharitableFundraisingAct1991(NSW)andCharitableFundraisingAct2021(NSW),theregulations under that Act, and the conditions attached to the authority to fundraise have been complied with by the organisation; and iii)
iv)
TheinternalcontrolsexercisedbytheGroupareappropriateandeffectiveinaccountingforallincomereceivedandapplied by the organisation from any of its fundraising appeals.
This declaration is made in accordance with a resolution of the Board of Directors.
Larissa
Cook
Chair
and Director
Andrew Wines AM
Deputy Chair and Director
Auditor’s Independence Declaration under subdivision 60C section 60-40 of Australian Charities and Not-for-profits Commission Act 2012
To the Directors of St John Ambulance Australia (NSW)
I declare that, to the best of my knowledge and belief, in relation to the audit for the financial year ended 31 December 2025 there have been:
i. no contraventions of the auditor independence requirements as set out in the Australian Charities and Not-for-profits Commission Act 2012 in relation to the audit; and
ii. no contraventions of any applicable code of professional conduct in relation to the audit.
KPM_INI_01
KPMG Cameron Roan Partner
Sydney 16 April 2026
KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation. Liability limited by a scheme approved under Professional Standards Legislation. 35
Independent Auditor’s Report
To
the members of St John Ambulance Australia
(NSW)
Opinion
We have audited the Financial Report, of the St John Ambulance Australia (NSW) (the Company) and its controlled entity (the Group).
In our opinion, the accompanying Financial Report of the Group is in accordance with Division 60 of the Australian Charities and Notfor-profits Commission (ACNC) Act 2012, and sections 23(1)(d) and 24B of the Charitable Fundraising Act (NSW) 1991 including:
i. giving a true and fair view of the Group’s financial position as at 31 December 2025, and of its financial performance and its cash flows for the year ended on that date; and
ii. complying with Australian Accounting Standards – Simplified Disclosures Framework and Division 60 of the Australian Charities and Not-for-profits Commission Regulations 2022 (ACNCR) and section 21 of the Charitable Fundraising Regulation (NSW) 2021
Basis for opinion
The Financial Report comprises:
i. Consolidated statement of financial position as at 31 December 2025
ii. Consolidated statement of profit or loss and other comprehensive income, Consolidated statement of changes in equity, and Consolidated statement of cash flows for the year then ended.
iii. Notes, including material accounting policies
iv. Directors’ declaration.
v. Declaration by the Directors of the Company.
The Group consists of the Company and the entity it controlled at the year-end or from time to time during the financial year
We conducted our audit in accordance with Australian Auditing Standards. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the Financial Report section of our report.
We are independent of the Group in accordance with the auditor independence requirements of the ACNC Act 2012 and the ethical requirements of the APES 110 Code of Ethics for Professional Accountants (including Independence Standards) issued by the Accounting Professional & Ethical Standards Board Limited (the Code) that are relevant to our audit of the Financial Report in Australia. We have fulfilled our other ethical responsibilities in accordance with these requirements.
KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation. Liability limited by a scheme approved under Professional Standards Legislation.
Other information
Other Information is financial and non-financial information in St John Ambulance Australia (NSW)’s annual report which is provided in addition to the Financial Report and the Auditor's Report. The Directors are responsible for the Other Information.
Our opinion on the Financial Report does not cover the Other Information and, accordingly, we do not express an audit opinion or any form of assurance conclusion thereon.
In connection with our audit of the Financial Report, our responsibility is to read the Other Information. In doing so, we consider whether the Other Information is materially inconsistent with the Financial Report or our knowledge obtained in the audit, or otherwise appears to be materially misstated.
We are required to report if we conclude that there is a material misstatement of this Other Information, and based on the work we have performed on the Other Information that we obtained prior to the date of this Auditor’s Report we have nothing to report
Responsibilities of the Directors for the Financial Report
The Directors are responsible for:
i. Preparing the Financial Report that gives a true and fair view in accordance with Australian Accounting Standards - Simplified Disclosures Framework and the ACNC and ACNCR and sections 23(1)(d) and 24B of the Charitable Fundraising Act (NSW) 1991 and section 21 of the Charitable Fundraising Regulation (NSW) 2021
ii. Implementing necessary internal control to enable the preparation of a Financial Report that gives a true and fair view and is free from material misstatement, whether due to fraud or error.
iii. Assessing the Group and Company’s ability to continue as a going concern and whether the use of the going concern basis of accounting is appropriate This includes disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless they either intend to liquidate the Group and company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the Financial Report
Our objective is:
i. to obtain reasonable assurance about whether the Financial Report as a whole is free from material misstatement, whether due to fraud or error; and
ii. to issue an Auditor’s Report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Australian Auditing Standards will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error. They are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Financial Report.
As part of an audit in accordance with Australian Auditing Standards, we exercise professional judgement and maintain professional scepticism throughout the audit
We also:
i. Identify and assess the risks of material misstatement of the Financial Report, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
ii. Obtain an understanding of internal control relevant to the Audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the registered Group’s internal control
iii.Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Directors.
iv. Conclude on the appropriateness of the Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the registered Group and Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditor’s Report to the related disclosures in the Financial Report or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditor’s Report. However, future events or conditions may cause the registered Group and Company to cease to continue as a going concern.
v.Evaluate the overall presentation, structure and content of the Financial Report, including the disclosures, and whether the Financial Report represents the underlying transactions and events in a manner that achieves fair presentation.
vi. Plan and perform the group audit to obtain sufficient appropriate audit evidence regarding the financial information of the entities or business units within the Group as a basis for forming an opinion on the group financial report. We are responsible for the direction, supervision and review of the audit work performed for the purposes of the group audit. We remain solely responsible for our audit opinion.
We communicate with the Directors of the registered Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
KPMG Cameron Roan Partner
Sydney 16 April 2026
ST JOHN AMBULANCE AUSTRALIA (NSW)
ANNUAL GENERAL MEETING 7 MAY 2026
INSTRUMENT APPOINTING A PROXY
I, of Being a Member of St John Ambulance Australia (NSW) appoint (who is also a Member) alternatively (who is also a Member) of of as my proxy to vote for me at the Annual General Meeting of St John Ambulance Australia (NSW) to be held on 7 May 2026 and at any adjournment thereof.
