Annual Report 2001�2002

Our vision is to be the nation�s most dynamic cultural resource, enriching lives by promoting knowledge and enjoyment of Australia�s relationship with its waterways and the sea.

© Commonwealth of Australia 2002

ISSN 1034-5019

This work is copyright. Apart from any use permitted under the Copyright Act 1968, no part may be reproduced by any process without prior permission from the Australian National Maritime Museum.

Australian National Maritime Museum

The Australian National Maritime Museum (ANMM) at Darling Harbour, Sydney, opens
9.30 am�5.00 pm every day (open 9.30 am�6.00 pm January.). Closed 25 December

Entry at 30 June 2001
Museum Ticket � adult $10, child/concession $6, family $25
Navy Ticket � adult $14, child/concession $7, family $30
James Craig Ticket � adult $14, child/concession $7, family $30
Big Ticket � adult $20, child/concession $10, family $45

Executive, Commercial & Visitor Services, Building Services:
2 Murray Street Darling Harbour NSW

Vaughan Evans Library, Curators, Registration, Conservation, Design, Volunteers & ANMM
Administration, Sydney Heritage Fleet, HM Bark Endeavour Foundation:
Wharf 7 Maritime Heritage Centre, Pyrmont NSW

Fleet Maintenance Base: Balls Head Drive, Berrys Bay, Waverton NSW
Mailing address GPO Box 5131 Sydney NSW 2001 Australia

Telephone (02) 9298 3777 Facsimile (02) 9298 3780

Web Site (including this Annual Report) http://www.anmm.gov.au

Contact Officer

For enquiries about this report please contact the editor
telephone (02) 9298 3647 facsimile (02) 9298 3670 email [email protected]
Editor Jeffrey Mellefont ANMM
Photographer Andrew Frolows ANMM
Graphic Design Janise Barcenilla
Layout & Production Vanda Graphics
Printed in Australia by Halkeas Printing

Chairman�s Message

It gives me great pleasure to present to you, for my first time as Chairman, the Australian National Maritime Museum�s Annual Report 1 July 2001 to 30 June 2002. It records another year of lively, diverse activities and exhibitions from this still quite young organisation.

My appointment to head the Council of the Australian National Maritime Museum came as a significant milestone in the organisation�s development was approaching. As I was meeting the staff for the first time, they were busy preparing a program of events and exhibitions to celebrate the museum�s first decade of being open to the public.

There was much to celebrate. The museum has established for itself a substantial place in the nation�s cultural life, and a substantial reputation among the maritime museums of the world. The first decade was one of development and adaptation to a changing environment, as the organisation pursued its goal of being a dynamic cultural resource to promote knowledge and enjoyment of a rich maritime heritage.

Coming at the beginning of a new century and milennium, this anniversary has also been a time to assess and plan for future decades and directions. It�s evident to me that the staff, the capable core of volunteers and my fellow Councillors have the experience, ability and commitment to do that well.

I would like to take this opportunity to pay tribute to our Council member John Kirby who died in April this year. John was a driving force behind the establishment of the new Australian National Maritime Foundation announced on page 7, and we were truly saddened that he was no longer with us for its launch at the museum in May.

Helping to chart the museum�s future and contribute to its management and governance is something I look forward to. My predecessors as Chair of this museum � Kay Cottee and Peter Doyle, both legendary Australians in their own way, and both great contributors to the nation�s maritime life � have left me solid foundations on which to build.

With the continued support of the Australian government, the museum�s existing sponsors and supporters � including our valued Members organisation � and with increasing involvement from corporate and private patrons, I look forward to reporting even greater achievements at the Australian National Maritime Museum.

Mark Bethwaite, Chairman
Australian National Maritime Museum
 
 

CONTENTS

Vision statement  i

Contact officer  ii

Chairman�s message iii

Section 1 Year in review

Mission statement 1

Highlights at a glance 2

Director�s overview 4

Travelling & temporary exhibitions, major events 12

Section 2 Program performance reporting

Key Result Area 1 Service

Objectives & program summary 20

Customer service, visitor profile, focus on visitors,
capital works, venue hire & catering, The Store, Sydney By Sail,
human resource management, communications & information

Key Result Area 2 Products & Programs

Objective & program summary 24

Innovative maritime heritage programs,
education and children�s programs, curatorial programs,
USA Gallery, maritime archaeology, Indigenous affairs

Key Result Area 3 Maritime Heritage

Objectives & program summary 30

Acquisitions and donations, fleet section, conservation,
Vaughan Evans Library, registration

Key Result Area 4 Profile & Image

Objectives & program summary 36

Marketing & media, market research,
publications, corporate support, Members,
volunteers, The Welcome Wall

Section 3 Financial statements

Statement by Council members 41

Independent audit report 42

Statement of financial performance 44

Statement of financial position 45

Statement of cash flows 46

Schedule of commitments 47

Schedule of contingencies 48

Notes 49

Section 4 Appendixes

1 Visitors & Members programs 71

2 Selected acquisitions 75

3 Donors to the National Maritime Collection 78

4 ANMM publications 84

5 Staff publications 85

6 Staff conference papers & lectures 87

7 Staff media appearances 88

8 Staff professional appointments 90

9 Staff overseas travel 90

10 Sponsors, Patrons & Supporters 91

11 Corporate & supporting Members 92

12 MMAPPS grants 94

13 Organisation chart at 30 June 2002 96

14 Staffing overview & resources 97

15 Council members 98

16 Council meetings & committees 100

17 Australian National Maritime Foundation 101

18 APS staff at 30 June 2001 102

19 Volunteers 106

20 Volunteer speakers panel 108

21 Customer Service Charter 109

22 Statutory information requirements 110

Effectiveness in managing human resources

Industrial democracy

Occupational health & safety

Workplace diversity
Commonwealth disability strategy
Access and equity

Environmental performance
Corporate governance

Developments in external scrutiny

Reports by the Auditor General

Fraud control

Consultants

Advertising & market research

Freedom of information

23 List of Acts administered 111

24 Functions & powers of the minister 111

25 Functions & powers of the museum 112

26 Director�s statement 112

27 Index 113
 
 
 

Section 1

The Year in Review

our mission IS:

To focus primarily on people and to strive to make their contacts with the museum memorable and enjoyable.

To bring to life memories and experiences of Australia�s maritime past and to preserve our maritime heritage for future generations.

To encourage a broad view of maritime history and to promote
awareness of contemporary issues through innovative and entertaining programs and products.

To research, acquire, conserve, interpret and present Australia�s
maritime heritage. To develop and maintain the National Maritime Collection, to foster traditional skills and to preserve maritime practices.

To provide leadership and encouragement to other museums
and communities and to represent Australia�s maritime
heritage internationally.
 
 

Highlights 2001�2002

? Ran a festive season of programs to celebrate the museum�s 10th birthday � 3.55 million visitors in its first decade

? Launched the Australian National Maritime Foundation to support the National Maritime Collection

? Staged the first Food at Sea Festival � Eating & Drinking with Sailors 1600�2000 over four weeks in spring

? Opened Watermarks � adventure, sport, play in the ANZ Gallery, the museum�s largest-ever exhibition redevelopment

? With Sweden�s Vasa Museum, produced and toured the exhibition VASA 1628: Strange fate of a King�s warship featuring artefacts from this unique archaeological find

? Developed our biggest-ever children�s activity program and exhibition PLAY: kids + water = fun celebrating children�s love of water

? Won the 2002 NSW Specialty Venue of the Year award, recognising the success of our commercial venue hire operation

? Record demand for our schools programs included 42 sessions of Year 12 chemistry workshop Shipwrecks & Salvage; gallery theatre program The Prospectors booked out for three terms

? Lars & Harold Halvorsen Collection � plans, photographs, tools and records from 75 years of Australian boatbuilding � donated by Halvorsen family members

? Unveiled the 10,000th name engraved on the Welcome Wall, our national celebration of migration to Australia
 
 

Director�s overview

Our first decade

The Australian National Maritime Museum turned 10 years old in November 2001. We took this milestone as an opportunity to assess what�s been achieved since Prime Minister Bob Hawke launched the museum on 30 November 1991, and where it�s headed. It�s a fair assessment that the museum�s been running full and bye, as the old-time sailors used to say, with the wind in its sails and a bone in its teeth.

In a decade when museum attendances worldwide have decreased in the face of stiff competition from an explosion of new attractions and entertainments, Australia�s new National Maritime Museum drew more than 3.5 million visitors to its harbourside site. The attendance curve has generally been travelling upwards. With annual visitations sometimes exceeding 400,000 this is already one of the world�s most-visited maritime museums. But attendances are only one measure of a museum�s success.

One of our most notable achievements has been to broaden the vision of maritime museums � and with it, of what it is to be Australians. Notwithstanding the myth that the the outback is the defining Australian experience, most of us live close to the coast. What the museum explores is the way that maritime experiences and themes have shaped � and still influence � our lives and our culture.

We pay special attention to powerful Indigenous spiritual and cultural links to these waterways and lands. They offer all of us a greater understanding of, and connection to, this ancient island continent. We re-examine the great waves of migration that have landed people on our shores, because that�s at the heart of who and what Australians are. And we look at the way water marks our Australian culture through play, sport and adventure � without, of course, ignoring the classic maritime museum fare of explorers, naval and shipping history.

Communicating this vision, and overcoming preconceptions that a maritime museum appealed only to enthusiasts and sailors, were an early challenge. Museum staff worked hard to develop and market exhibitions, activities and entertainment that appeal to families. Teachers have come to know that the museum provides a high focus on current curricula, and trained teacher guides to ensure quality class visits. Domestic and international tourists now realise that there�s much on offer here, too.

We have developed a special talent for finding outstanding exhibitions overseas, bringing them here and often touring them around Australia and New Zealand. Among them was the replica of the great 17th-century Dutch East Indiaman Batavia from The Netherlands which visited for the Olympic year. Before it there was a Russian submarine, a pod of robotic whales from the Pacific Science Centre in Seattle, USA, evocative artefacts from Henry VIII�s warship Mary Rose,and an environmental exhibition Ocean Planet from the Smithsonian Institution in Washington DC.

In this first decade the museum has shown 12 exhibitions from overseas. This was the first major institution in Australia to send an imported exhibition to a regional centre, when Mary Rose visited Warrnambool in 1994. More have followed since then.

In all, the museum has shown more than 80 temporary exhibitions, on topics as diverse as our maritime heritage. They have included paintings by waterside workers, a Japanese midget submarine that attacked Sydney in World War II, beautiful China Trade artworks from the Pearl River Delta ports, and a superb collection of bark paintings (subsequently acquired by the museum) that spells out the sea rights claimed by the Yolngu people of north-east Arnhem Land. One of our biggest exhibitions, Tears, Fears and Cheers � Migration to Australia 1788�1998, won the prestigious National Multicultural Marketing Award in 1999 in competition with many large national corporations.

Along with exhibitions we have developed a huge variety of programs that expose Australia�s maritime past and present to new and wider audiences. These have included theatre, festivals, seminars, lectures, domestic and overseas tours, workshops, demonstrations, classes, food and musical events, a variety of activities afloat, and publications. Our Classic & Wooden Boat Festivals, to take just one example, have become popular family weekends that celebrate heritage in the broadest sense.

Developments in the museum�s first decade have changed its face and expanded the services offered � none more so than the new Wharf 7 Maritime Heritage Centre which created a greater maritime heritage precinct in the heart of this harbourside city. But what is certain is that the coming decades will be just as dynamic and visionary as the first, building on this maritime museum�s standing among the world�s finest.

Best of the birthday year

The exhibitions and festivals that filled our busy
year are detailed one by one, starting on page 12. Several of them were grouped over the spring and summer to mark the museum�s 10th anniversary. This began with the inaugural Food at Sea Festival Eating & Drinking with Sailors 1600�2000, using something everyone shares an interest in � dining! � to explore different facets of maritime history. This multifaceted, month-long program included cooking demonstrations in a recreated galley by guest sea-cooks ranging from submariners to celebrity sailors; lectures and tastings; theatre for children and adults; and an exhibition on food preservation. We hope to make it a recurring attraction.

Opening VASA 1628 � Strange fate of a King�s warship, from one of Europe�s most popular tourist attractions, was a specially proud achievement. We worked for three years with Stockholm�s Vasa Museum to create a travelling exhibition about this enormously significant shipwreck recovery and preservation. Many of its artefacts and magnificent wooden sculptures were leaving Sweden for the first time. It then toured to other venues in Australia.

In the summer we unveiled a huge new exhibition that explores Australia�s well-known passion for aquatic pursuits. Watermarks � adventure, sport & play is big, bright and boisterous. It�s the largest exhibition project the museum has undertaken since its opening, occupying the 34-metre high ANZ Tall Gallery previously dominated by the America�s Cup winning yacht Australia II. In its place are watercraft of all kinds, from the beautiful to the unexpected, and a myriad of Australian stories. One being revealed for the first time was the incredible adventure of Oskar

Speck who paddled a kayak from Germany to Australia over seven years in the 1930s, based on his papers, photographs and film footage which were bequeathed to the museum. The story stimulated an avalanche of interest from Australian and international media.

Associated with Watermarks� opening was our most ambitious summer family attraction so far, a combination of exhibition and activities called PLAY: kids + water = fun, developed with the input of a Kids Advisory Group from a local primary school. We marked the bicentenary of Flinders� 1801�03 circumnavigation of Australia with Oceans Apart � The story of Ann & Matthew Flinders. And we were pleased, too, to be able to mount a full-size reproduction of the Sydney Wharfies Mural in the Wharf 7 public foyer. The fragile original of this important record of waterfront labour history, painted on a wall at union headquarters in the 1950s, was donated by the Maritime Union of Australia.

It was a notable year in the development of Indigenous themes at the museum. We created our first permanent position of Indigenous curator and liaison officer, to advise the museum on collecting, interpreting and educating in this area, and to work with Aboriginal and Torres Strait Islander communities. In a collaboration with Elcho Island Arts & Craft Centre and Bandingan Aboriginal Arts & Craft we displayed a breathtaking collection of 60 sacred ceremonial sculptures from Elcho Island, the Banumbirr �Morning Star Poles. And we mounted a display of HSC Aboriginal Studies students� major works, a creative array of artworks and research projects relating to Aboriginal people and communities.

Section 2 of this Annual Report records more of the events of the year, and the museum�s achievements in its 10th year of operations in the areas of collecting, collections management, education and commercial activities.

Australian National Maritime Foundation

In May 2002 the Australian National Maritime Foundation was launched to support development of the National Maritime Collection. The foundation reflects our determination to put more resources into the collection. We want to build up a fund so that we can compete more effectively to acquire those heritage items that all too often disappear from the auction rooms into private hands or even leave the country. The foundation�s objectives are to:

Foundation Chairman is Mr Bill Cutbush, a company director and enthusiastic supporter of the museum. At the foundation launch he said �Our strategy is not just to raise record amounts in next to no time. We want to seek out people in the community who have interests similar to the museum, who may like to get to know the museum and its work and help it in the longer term to reach its collecting objectives. We want potential donors and benefactors to enjoy a developing relationship with this museum� a relationship built on common interests, confidence and trust.�

Outreach

Reaching out beyond our locality and right around Australia is, of course, essential for a national institution. Foremost among the museum�s outreach programs is the maritime heritage grants scheme called MMAPSS (the Maritime Museums of Australia Project Support Scheme), administered by us and jointly funded by the museum and the Commonwealth Government�s Distributed National Collection Program. The grants are for restoration, conservation, collection management and exhibition development. This year�s record 16 grants totalling $35,055 bring to 78 the total of projects supported across all Australian states and most of its territories since the scheme�s inception in 1995. They appear in Appendix 12.

The museum funds an internship program which allows staff or volunteers from other small organisations to work with our staff, paying for living expenses while they are with us. This year�s internship was awarded to the Broome Historical Society, whose curator worked in our registration section studying collections management practice.

Travelling exhibitions and publications are another way in which we reach the nation. Our travelling Centenary of Federation exhibition Smugglers � Customs & Contraband 1901�2001 continues to tour to venues around the country. Our widely-distributed quarterly journal Signals keeps institutions, individuals and Members around the country abreast of our activities, while our retail outlet The Store is developing distribution networks to ensure that our various publications (Appendix 4) reach wider audiences.

Our museum professionals offer their expertise to many organisations and individuals. Staff responded in person to more than 5,000 research and other related enquiries this year, while the growing number of research resources on the museum website assist many more.

Staff helping in this way include our maritime archaeologists, conservators, curators and the research librarians from our Vaughan Evans Library. The graphic design department advised the Lord Howe Island Historical Society on the concept development for its new maritime history gallery, with its themes of coastal shipping and flying boats. And we provide material assistance to organisations such as Sydney Heritage Fleet and the HM Bark Endeavour Foundation.

The museum�s two highly-qualified and experienced underwater archaeologists returned to the USA for a third season searching for the remains of James Cook�s Endeavour believed sunk in Newport, Rhode Island in 1778. They were advising and assisting the Rhode Island Marine Archaeology Project. This exciting project has been supported by the Commonwealth Government and corporate sponsors, and generates great public and media interest. A more detailed report appears in Section 2 on Page 26.

Organisation developments

The museum completed an organisational review which had been commissioned to ensure that we had the best possible staffing structure in place to take the museum into its second decade, and to support the priorities that I would like to emphasise during my term as director. These, broadly, are to enhance the quality and status of the collection, to raise the museum�s standing and recognition as a national institution, and to emphasise the quality of its intellectual products, in part by achieving a higher publishing profile. The management consultants reported that our three-branch structure was largely an effective one, and I have put in place some changes to help effect our goals.

Creation of the new Australian National Maritime Foundation to support the collection has been noted above. The Vaughan Evans Library, which has been a valuable research resource both for staff and the public since the museum�s inception, has been shifted from the Corporate Services branch into the Collections and Exhibitions branch. This in part reflects the importance of its growing collection of monographs and serials, which include rare and valuable works.

The section of the National Maritime Collection that presents the museum with one of its greatest challenges in future years, in terms of management and resources, is the fleet of historic vessels on the water. Recognising that this type of heritage item poses unique problems that are not encountered by most other kinds of collections, the museum is reviewing its fleet operations and priorities. The section that takes care of the vessels has been relocated into the executive arm while the review continues, where it reports through the office of the secretariat.

Reflecting the importance of temporary exhibitions, the USA Gallery and Indigenous affairs to the museum�s goals and strategies, these have been grouped in a special projects unit in the curatorial section of the Collections and Exhibitions branch.

The positions of manager of both temporary exhibitions and the USA Gallery have been upgraded. The creation of a permanent position of Indigenous curator and liaison officer has been noted above.

The museum�s public affairs section in the Commercial and Visitor Services branch was both a public relations unit and the coordinator of most museum publications including its website, many of which had their origins as promotional tools. In order to achieve a higher profile for both functions, they have been separated. Publishing remains within the Commercial and Visitor Services branch, while the new external relations unit reports directly to me. The staff position of sponsorship manager, which reports to the assistant director, Commercial and Visitor Services, was abolished and new strategies to address relations with the corporate sector, including outsourcing, are being examined.

Outlook

The financial year ahead will see substantial attractions in place, to help ensure healthy attendances and revenue. We will bring Ernest Shackleton�s famous vessel James Caird from England for our summer exhibition Antarctic Heroes, together with what we believe will be Australia�s largest display of Antarctic exploration to date. Saltwater � Yirrkala bark paintings of Sea Country will display all 80 works of the museum�s most important collection of sacred Aboriginal art. The USA Gallery�s Posters & Propaganda will examine this popular medium�s uses, from World War I to the war on terrorism. We�ll explore the menace, myth and majesty of the sea�s most feared predators in Shark � Predator and Prey � a must for Australian audiences.

Our latest international import will be the Portuguese maritime exhibition Siglas Poverias � Signs of fishermen, which we will tour to other museums as well. Education staff will build on the success of entertaining and educational museum theatrical performances with Bounty Recruits and The Mapmaker�s Brother. For children there will be an interactive program and exhibition of children�s book illustrations, Oceans of Stories.

Staff hope to install the world�s fastest watercraft, the jet-powered Spirit of Australia, as a centrepiece in the museum, and will undertake the first docking of the submarine HMAS Onslow. Over a longer time frame, we are confident that we will be able to determine if one of the shipwrecks being explored by the museum�s maritime archaeologists in annual dive seasons in the USA is James Cook�s Endeavour. This will have major implications for the museum�s profile.

Longer-term planning for our building needs in the future will continue as we develop our site master plan which aims to improve site usage and improve links between the museum and the Wharf 7 Maritime Heritage Centre. The first component is a substantial redesign of the vessel display basin, to address wash problems which threaten the historic vessels moored there. These will be major capital works with very substantial implications for budgeting and strategic planning.

Staff are investigating and evaluating options for a new collection information management system (CIMS). At the time the museum was being developed it embraced computerised CIMS ahead of many longer-established organisations. The pace of information technology growth in the period has meant that the existing system is unable to deliver services now considered essential, including integration of photographic and other records and on-line access. This too has substantial budgeting and planning implications but will enhance access to collection data both by staff and external researchers.

Mary-Louise Williams, Director
Australian National Maritime Museum

TRAVELLING EXHIBITIONS

Smugglers � Customs & Contraband

One of the longest borders in the world was created when the Commonwealth of Australia was formed in 1901. Record drug busts, wildlife seizures and people smugglers have hit the headlines recently, highlighting the challenge of controlling who and what crosses this vast coastal frontier.

Sponsor: Australian Customs Service
Supported by the National Council for the Centenary of Federation.

Coordinator Mariea Fisher
Curator Susan Sedgwick
Designer Exhibition Solutions

South Australian Maritime Museum
10 May 2001�29 July 2001
Visitors 9,234

Port of Echuca Authority
8 August 2001�6 November 2001
Visitors 28,315

Eden Killer Whale Museum
14 November 2001�3 February 2002
Visitors 12,710

Old Parliament House, Canberra
9 February 2002�1 May 2002
Visitors 15,160

VASA 1628 � Strange fate of a King�s warship

This exhibition, with objects and replicas from the outstanding Vasa Museum, Stockholm, tells of the tragic sinking of this royal warship, the pride of the Swedish fleet, in 1628. The magnificent Vasa, raised and reassembled in a spectacular feat of maritime archeology, is a treasure trove of art and information. The exhibition was created by ANMM in collaboration with Vasa Museum.

Sponsors: ASSA ABLOY Australia Pacific, Wallenius Wilhelmsen, Sas Scandinavian Airlines

Coordinator Mariea Fisher
Curator Kieran Hosty
Designer Wendy Osmond & Natasha Galea

North & South Gallery
15 November 2001�28 January 2002
Visitors 98,780

Melbourne Museum
26 February 2002�28 April 2002
Visitors 41,920
 
 

eXHIBITIONS & MAJOR EVENTS

NOTE Visitor figures on pages represent the museum�s total visitor numbers during the time the attraction was at the museum (or to 30 June 2002). Visitors may not view all exhibitions.

Gold Rush! The Australian Experience

The gold rushes 150 years ago created links between Australia and California. Both experienced rapid growth in wealth and population, and far-reaching social changes.
The exhibition brought to life the gold fields, and the ships that carried gold-seekers.

Sponsored by The Australian Gold Council and Delta Gold.

Coordinator Paul Hundley
Curator Paul Hundley
Designer Peter Tonkin

USA Gallery
12 April 2001�7 July 2002
Visitors 273,381

Watermarks � adventure, sport, play

Unlike the temporary exhibitions on these pages, Watermarks � opened December 2001 in the ANZ Tall Gallery � is a long-term addition to the museum�s core exhibitions. More on page 6.

Sponsored by Blackmores Ltd, Spotless Services

Coordinator Denise Mackenzie
Curators Peter Emmett, Daina Fletcher, Penny Cuthbert, Megan Treharne, Michelle Linder
Designer X Squared Design

Armidale 42: Memory and Imagination

Japanese aircraft sank HMAS Armidale near Timor in 1942. Of the 140 men on board, 49 survivors spent nine horrific days in the water. Jan Senbergs� extraordinary paintings and drawings dramatically evoke a lesser�known story of Australian heroism and suffering during the war in the Pacific.

A Bendigo Art Gallery travelling exhibition.

Coordinator Mariea Fisher
Designer Lisa Carrington

Tasman Light
10 May 2001�15 July 2001
Visitors 13,668

Engineering Excellence Awards 2000

Innovative projects and processes across the spectrum of engineering, contributing to our quality of life.

Sponsored by the Institution of Engineers Australia, Sydney Division.

Coordinator Michelle Linder
Curator Michelle Linder
Designer Johanna Nettleton

Top Deck
6 January 2001�16 December 2001
Visitors 106,391

Australian Fishes � Illustrations by Walter Stackpool

Walter Stackpool created a unique record with his scientifically-accurate illustrations of Australian marine, estuarine and freshwater species that show us the familiar and unfamiliar fishes inhabiting our oceans and rivers. Not just an unsurpassed record of the anatomy of fish, but vibrant artworks in their own right.

Coordinator Susan Sedgwick
Curator Lindsey Shaw
Designers Irene Scortis & Daniel Ormella

South Gallery
14 July 2001�7 October 2001
Visitors 50,725

Stitches � Fare il Punto

Works by nine Italian Australian artists using the practice of stitching and domestic crafts to investigate the notion of 'being between cultures'. The diversity of migration experiences and changes and continuities in Italian cultural traditions were explored in the paintings, installations and photomedia.

Sponsored by Sirena, Instituto Italiano di Cultura, NSW Ministry for the Arts.

Coordinator Helen Trepa
Curator Illaria Vanni
Designer Daniel Ormella

North Gallery
18 August 2001�1 October 2001
Visitors 24,856

Celebrating 10 years � telling a maritime story

Over ten years our collection of objects has grown to show the diverse maritime stories of Australians and Australia�s relationship with its inland waterways and the sea. These portraits of people and ships were selected to represent exploration, commerce, immigration, leisure, Aboriginal culture and US connections.

Coordinator Mariea Fisher
Curator Susan Sedgwick
Designer Lisa Carrington

Tasman Light
29 November 2001�3 March 2002
Visitors 114,762

HSC Aboriginal Studies student major works

Year 12 Aboriginal Studies HSC students display a diverse array of creative and challenging works including research papers, audio-visuals, artworks, textiles, books, poems, profiles of Aboriginal people and communities, performances and educational programs designed by students for students.

Coordinator John Waight

Wharf 7 Foyer
13 September�13 October 2001

Food at Sea Festival � Eating & Drinking with Sailors 1600�2000

Food for thought � and a lot of fun! The museum�s first Food at Sea Festival presented a lively program of entertaining activities, cooking demonstrations, dramatisations and an exhibition on food preservation, demonstrating that shipboard food has been an important factor in maritime history.

Sponsored by Sydney Institute TAFE NSDW, Novotel Darling Harbour, Royal Australian Navy, Broadwater Stoves.

Coordinator Bill Richards
Designer Johanna Nettleton

Museum wide
29 September 2001�28 October 2001
Visitors 19,125

PLAY: kids + water = fun

A hands-on exhibition with indoor and outdoor activities celebrating kids� love for water, toys and games, in conjunction with the opening of our major new exhibition Watermarks. With a Kids Advisory Group from neighbouring schools, staff assembled a summertime frolic featuring bubbles and bodyboards, water squirters and sandcastles, boats and bathtime.

Sponsored by Zodiac Group, Sevylor Australia, Supersoaker, Kidisafe, Royal Lifesaving Society of Australia.

Coordinator Chris Waugh
Designers Suzan Weir, Irene Scortis & Johanna Nettleton

Nortel Network Gallery, North Wharf
3 December 2001�28 April 2002
Visitors 143,504

Banumbirr � Morning Star Poles

Banumbirr are sacred feathered poles used by Yolngu people of north-east Arnhemland in mortuary and memorial ceremonies. The tufts
of feathers represent the Morning Star, which journeys over the Sea Countries of northern Australia. The Banumbirr in this exhibition are from Elcho Island and represent the Dhuwa Moiety.

In association with Elcho Island Arts & Craft Centre and Bandingan Aboriginal Arts & Craft.

Coordinator Mariea Fisher
Curator John Waight
Designers Susan Weir & Daniel Ormella

North Gallery
27 February�21 July 2002
Visitors 77,572

2002 Classic & Wooden Boat Festival

The popular festival returned after a two-year break, and featured a record 250 magnificent visiting vessels � work and recreational vessels, gleaming speedboats, dories and skiffs � at our wharves and on the hard. Crowds of 14,500 enjoyed live music, a giant maritime marketplace, traditional maritime crafts, films and talks, food and music, and fun for kids.

In association with Wooden Boat Association of NSW, major sponsors Woolwich Marina, Sydney Ports, Sydney Superyacht Centre.

Coordinator Di Fenton

All over the museum and Wharf 7
2�3 March 2002
Visitors 13,367

�So lively � so easy� � Under sail with Endeavour

Featured a rare drawing of James Cook�s Endeavour, made as the Whitby collier was refitted for the 1768�71 voyage and not displayed publicly for over 200 years. Also displayed was an important gift to the museum, prints of flora collected by Endeavour�s most famous passenger, Joseph Banks.

Coordinator Susan Sedgwick
Curator Martin Terry
Designer Lisa Carrington

Tasman Light
6 March 2002�23 June 2002
Visitors 62,953

Oceans Apart � the story of Ann & Matthew Flinders

The romantic side of Matthew Flinders is revealed through the exchange of love letters between the great navigator and explorer, and his wife Ann on the other side of the globe. This is a love story that spanned oceans and years. Separated only months after their marriage, it would be 10 years before Ann and Matthew were reunited � and then for only four short years.

Coordinator Susan Sedgwick
Curator Lindsey Shaw
Designers Irene Scortis & Natasha Galea

South Gallery
28 March 2002�24 November 2002
Visitors 94,721

Maritime Memorials

ANMM photographer Andrew Frolows captured the surprising diversity of public monuments to maritime affairs � shipwreck, discovery, war and even just the sea�s abundance.

Coordinator Mariea Fisher
Curator Kieran Hosty
Designer Lisa Carrington

Tasman Light
19 July 2001�25 November 2001
Visitors 73,618

Volvo Ocean Race Sydney stopover village

The museum provided a berthing and maintenance area for the visiting VO60 yachts of the world�s premier ocean race, while the organiser�s extensive Volvo Village in the park outside Wharf 7 was a mix of promotions, exhibitions, entertainment and activities.

Around the museum
1�26 December 2001

Alma Doepel

Melbourne tall ship Alma Doepel, a splendid three-masted topsail schooner, was built in 1903 on the north coast of New South Wales. She traded as a cargo vessel along the east coast of Australia, before serving since the 1970s as a sail training ship and museum vessel in Port Philip. In WWII she served as a troop carrier in New Guinea. Alma Doepel is currently based in Port Macquarie, her port of origin.

North Wharf
25�29 April 2002

James Craig

Restored with determination and huge effort
over the past two decades, Sydney Heritage Fleet�s magnificent 19th-century, iron-hulled, square-rigged barque James Craig � a pinnacle of sailing technology � moors at our Wharf 7 Maritime Heritage Centre.

Visitors 53,524

Kijana

Jesse Martin, the youngest person to circumnavigate the globe solo and unassisted, launched his newest sailing project, The Journey of Kijana, at the museum.

South Wharf
15�24 March 2002

HMAV Bounty

On display at the museum�s North Wharf, this New Zealand-built replica of Bligh�s original HMAV Bounty was created for the feature film Mutiny on the Bounty, starring Mel Gibson and Anthony Hopkins. Visitors witnessed a major overhaul of the 18th-century style rigging.

North Wharf
From 1 June 2002
 

Section 2

Performance Reporting

KEY RESULT AREA 1 � SERVICE

�provide high standards of service�
 
 

Strategic objectives

Program Summary

Customer service

Customer service was enhanced by providing outstanding attractions detailed elsewhere; by capital works to improve visitor amenity and staff productivity; by enhancing revenue, minimising expenses and financial management; by human resource management; and by improvements to staff productivity through communications and information infrastructure. Performance indicators include revenue and visitor numbers, along with a global indicator �Interactions� (table over page). This is a single outcome against expenditure which goes beyond the traditional gate count to tally additional ways in which the museum delivers services. The museum�s Customer Service Charter is at Appendix 21.

Visitor profile

In the previous financial year the museum�s visitation levels benefited greatly from the 2000 Sydney Olympics, as shown in the table of visitor figures over the page. This year visitation slightly exceeded targets, and closely followed last year�s patterns corrected for the Olympic period. During the year 43% of visitors came from the Sydney metropolitan area; 13% were from NSW regional and country areas; 11% came from other states, led by Victoria and Queensland. Visitors from overseas constituted 32%. Our top overseas markets were the UK, USA, New Zealand, Japan and Germany. Australian Bureau of Statistics indicates a 6% drop in overseas visitors to Australia since September 2001, with the US market plunging by 14%. US visitors to the museum certainly dropped in this period, but UK numbers increased while New Zealand and Japanese visitor numbers remained steady.

Focus on visitors

The museum�s front line of contact with visitors is the customer service section which administers front-of-house and security staff. Through the assistance of the volunteers program, a meet-and-greet position has been created to offer visitors extended customer service. Thirty volunteers have been trained to undertake this position. We increased the intake of work experience students to assist the demanding front-of-house area. Information sessions that brief the front-of-house and security staff on the content of new exhibitions ensure that visitor enquiries can be satisfied effectively.

Disability information sessions with the Australian Quadriplegic Association have now been incorporated into the customer services awareness program. OH&S and emergency awareness procedures have been augmented. These include increased first aid awareness, with additional in-house first-aid briefing sessions and first aid carry packs for responsive treatment. New security administration systems have been created and implemented, and electronic reporting has been introduced. The section manager has been appointed chairman of the ANMM Customer Service Task Force, and an assistant customer service manager position was created.

Capital works

Completing installation of the exhibition Watermarks � adventure, sport, play in the ANZ Tall Gallery was the largest capital work for the year. It involved structural modifications to the visitor circulation structure and the engineering of substantial structures to support vessels on display. A repair system for the main building�s steel roofing panels was trialled, as water penetration has become an issue. Panels were lifted and a new sealing system was installed. After a trial period this system, if effective, will be applied to the entire roof. Upgrading of the Wharf 7 environmental control system was a priority, with installation of effective humidity controls and more directed air volume control in collection storage and working spaces. This major work was carefully staged to minimise disruption to working staff but had some impacts including construction noise, a period of reduced access to collection items and a down period for the conservation laboratory.

Venue hire and catering

The museum won the award for NSW Specialty Venue of the Year at the prestigious Meetings Industry Association of Australia Awards. This was the museum�s second award from the Meetings Industry Association, reflecting the staff�s success at marketing our facilities as venues for conferences, seminars and functions, to government, corporate and private clients. This commercial activity provides an important revenue stream for the museum and has a positive impact on its profile among clients. The museum works with the award-winning caterer The Mode Group, operator of our harbourside Yots Cafe which this year received a very good review in Good Living published by The Sydney Morning Herald.

The Store

Operations at the museum�s maritime gift and book store have expanded from its previous role as a retail outlet to include product development and a wholesale operation. The range of museum-branded and exhibition-related merchandise has been increased, while the wholesaling arm is creating a distribution network that will better serve the museum�s travelling exhibitions and provide a nationwide network for marketing the museum�s products and publications. The position of assistant manager was created to support the The Store�s expanding operations. A shutter system was installed to isolate The Store from the galleries to allow for extended trading periods after the museum doors shut, particularly during summer.

Sydney By Sail

This charter yacht fleet operating at the museum basin was a finalist in the year�s Telstra Small Business Award. This museum tenant offers a growing range of packages from a short sail to the Opera House for casual visitors, to catered overnight charters on Sydney�s famous harbour. As well as providing revenue to the museum, Sydney By Sail gives museum visitors the option of an active maritime experience to complement their visit to our maritime heritage precinct.

Communications and information

Section staff and contractors began the progressive replacement of the museum�s ageing multimedia technologies and infrastructure. With the major works associated with installation of the Watermarks exhibition, the PIVoD media and venue management system was installed. This programmable management and monitoring system for lights, power and other controllable devices allows us to turn on and shut down the whole venue, and stream audio, video and multimedia to display modules in the galleries. As this system is extended to other parts of the building and the navy ships outside, it will also provide feedback through security cameras and environmental sensors.

In the ANZ Theatre, used for film screenings as well as lectures and conferences for both museum programs and venue hirers, the old projection system was replaced by Sony VPL FE11 technology. A Sony VPL FX50 projection system was installed in the theatrette. IT enhancements included recabling the museum, replacing file servers and upgrading the file server operating system and firewall system. The Internet service, proxy cache, anti-virus and tape backup software were also upgraded.

Records management, part of the responsibilities of the communications and information section, classified and indexed 500 ship plans, created 1,151 files and expedited 7,924 file movements.

Human resource management

The museum worked with an occupational health and safety (OHS) consultant to undertake a range of initiatives. Development and implementation of policies and procedures continued. Staff attended training in general OHS awareness, OHS induction procedures for new staff and contractors, workplace inspections and accident investigations, and confined spaces issues. A third round of certified agreement negotiations commenced. An organisation and staffing review of the museum was completed and many of the recommendations implemented.
 
 

Visitors & interactions
 

	1999�00	2000�01	2001�02
Visitors to the museum	428,343	464,188	314,243
Travelling exhibitions	238,762	72,627	107,200
Interactions		1,141,649	1,197,476

Major visitor revenue sources
 

	1999�00	2000�01	2001�02
Visitor entry revenue	$2,274,049	$1,841,844	$1,700,980
The Store gross revenue	$605,153	$562,817	$526,541
The Store net revenue	$116,299	$42,419	$40,440
Yots Cafe rental revenue	$75,950	$79,747	$81,706

Venue hire performance
 

	1999�00	2000�01	2001�02
Number of functions	389	308	239
Guests	49,435	*191,404	35,812
Turnover	$817,580	$675,229	$710,681
Net revenue	$536,598	$318,185	$374,698

 

Customer feedback

Visitors� comments book	1999�00	2000�01	2001�02
Number of entries	1,051	231	1,305
Complimentary or positive	79%	60	85%
Neutral or indecipherable	5%	10	3%
Criticism/suggested improvements	16%	30	12%

 

Letters & emails

	1999�00	2000�01	2001�02
Complaint	50	49	20
Complimentary	252	261	57

Building services
 

	1999�00	2000�01	2001�02
Budget	$1,331,000	$1,756,000	$1,626,000
Other	$671,529	$715,220	$579,794
Maintenance & minor works	$730,887	$636,637	$773,361
Energy costs	$323,886	$292,131	$272,845

 
 

KEY RESULT AREA 2 � PROGRAMS AND PRODUCTS

�interpret Australia�s maritime past and present in exciting and informative ways�
 
 

Strategic objective

1. Develop a wide range of stimulating programs and products

Innovative maritime heritage programs

The year�s achievements in the areas of new exhibitions, festivals and visiting vessels appear in detail on pages 12�17, with further commentaries in the Director�s Overview. Planning ahead for temporary and visiting exhibitions and other attractions is a demanding, long-term process. The museum put into place an enhanced evaluation program for exhibitions and events (see page 37). The Collections & Exhibitions branch worked with other sectors of the museum to improve the ways in which it generates and reviews ideas for new exhibitions and events, to provide a more strategic approach to fulfilling the museum�s needs and to mesh more closely with landmark activities external to the organisation.

Appendix 1 provides details of the very diverse range of programs and products through which the museum communicates aspects of our maritime heritage, including lectures, tours, activities afloat, and many more. A number of museum events are collaborations with external organisations and individuals, which add further to the diversity of what�s on offer to our public. We worked for over two years with the organisers of the world�s best known round-the-world yacht race, who incorporated some of the museum�s sites and facilities into the Volvo Ocean Race Stopover Village which spread into Pyrmont Park as well. The eight VO60 yachts were mid-way in their year-long race around the world. Entering its second year at the museum was the Bloomsday celebration which in 2002 extended to a whole weekend. Organised by the James Joyce Foundation, it marks June 15, the day when the action of Joyce�s Ulysses takes place in the mind of its protagonist Leopold Bloom. Far more than just a literary event, it offered a host of creative talks and activities themed on Ulysses and Homer�s Odyssey, music and dance, food, and even a yacht race ending at the museum�s wharves.

Education and children�s programs

High demand for schools programs resulted in record numbers of visits by students and teachers. They included 42 sessions of the Year 12 chemistry workshop Shipwrecks & Salvage. The innovative gallery theatre program The Prospectors, which accompanied the exhibition Gold Rush! The Australian experience, was booked out by visiting school groups for three terms. The tables on pages 28�29 indicate the variety of programs on offer, and the responses to them. Forty-one percent of visiting schools took a tour led by trained teacher guides (up from 33% in 2000�2001), 26% participated in a workshop (up from 8.5%), and 48% of schools booked a vessel visit. Numbers were up, too, in the vacation care program.

As part of the celebrations for the museum�s10th birthday the education section offered a scholarship for a student aged 16�19 to make a sail-training voyage on the RAN brigantine Young Endeavour. The winner was Willow Sharp of Ferny Grove High School in Brisbane, who wrote a lively account of her voyage for the museum�s quarterly journal Signals.

The newest addition to the various weekend and holiday activities aimed at children and families is Mini Mariners. This weekly program for children five years and under and their parents/carers provides a stimulating environment encouraging creativity, investigation and exploration. It provides children with a positive introduction to the museum environment. Since the first session in May 2001, over 1,300 children have taken part in the program.

The USA Gallery

The USA Gallery is unique in the museum world as a gallery in a national museum funded by another nation. It explores a shared history � more than two centuries of maritime links between Australia and the United States � and is the result of a generous US endowment to the museum as a Bicentennial gift to Australia in 1988. The USA Gallery continued to provide benefits by enhancing diplomatic, business, cultural and social links between the two countries. The gallery often hosts fine US-sourced exhibitions due to its close institutional links with American museums. This year it showed two exhibitions developed here by its curator. Gold Rush! � The Australian experience marked the sesquicentenary of the Australian gold rushes. Patriotism, Persuasion, Propaganda � American War Posters attracted strong media interest with its mix of striking graphic art work and the topical inclusion of recent posters responding to the 11 September 2001 attacks on the USA. The gallery�s curator, a trained maritime archaeologist, led the ANMM team assisting the search for James Cook�s Endeavour in the USA (details follow).

Maritime archaeology

For a third year the museum sent a team of maritime archaeologists to advise and assist in a survey of 13 British transports scuttled in 1778 in Newport Harbour, Rhode Island, to blockade the port against an invading American and French fleet during the American War of Independence. One of them, according to research by the leader of the Rhode Island Marine Archaeology Project Dr Kathy Abbass, is James Cook�s Endeavour. Renamed Lord Sandwich, it had carried troops to North America and was among the scuttled transports.

During previous seasons� work the team had confirmed that the project�s methodology was capable of identifying Endeavour if it was located. They identified one wreck as an 18th-century vessel of similar size and construction to three of the scuttled transports including Lord Sandwich aka Endeavour. This year the combined team undertook further excavation on this site, locating the remains of the keelson, stem post, ceiling planking, iron fastenings and treenails, floors, futtocks and the keel. These are being compared with the original plans of the Endeavour drawn up by the Deptford Dockyard in 1768. Further analysis of timbers and materials from the site will be needed before any identification can be made, along with more site surveys to rule out other wrecks. Dr Abbass has asked the museum to continue its involvement in the project and the museum is committed to further collaboration with RIMAP in this research, subject to the necessary funding support.

Indigenous affairs

With the creation of a new permanent position of Indigenous curator and liaison officer, collecting and development of exhibitions and programs relating to Aboriginal and Torres Strait Islander communities moved from the maritime communities curatorial section to a newly-created special projects unit.

Two major exhibitions were under development during the period, Banumbirr Morning Star Poles which went on display during the year and Saltwater � Yirrkala bark paintings of Sea Country which opens in August 2002. The latter included development of a collaborative project between ANMM, Yirrkala community, the Australian National University and NSW Board of Studies, which will provide computer-based interpretation of the Saltwater bark painting collection both in the gallery and ultimately on the World Wide Web. Making its first appearance at the museum was a display of students� selected major projects from the HSC Aboriginal Studies course, displayed at the Wharf 7 foyer.

The curator also provided consultation for an Indigenous component of the summer activity and exhibition Play � kids + water = fun, and assistance for the Mum Shirl exhibition at Boomali. The museum�s first Indigenous work experience student, from Bankstown High, was placed. The curator represented the museum at the fourth Indigenous Visual Arts Conference in Adelaide and the National Aboriginal and Torres Strait Islander Arts Awards in Darwin, and addressed the Sydney Harbour Foreshore Authority and other organisations on resources relating to Indigenous issues.
 
 

CURATORIAL SECTION

Totals of enquiries assisted
 

	public/private				organisations
SECTION		1999-00	2000-01	2001-02		1999-00	2000-01	2001-02
Technology		376	434	489		105	113	118
Communities		700	750	674		70	80	245
USA Gallery		85	60	126		98	107	109
Indigenous		-	-	20		-	-	60
TOTAL		1,161	1244	1,309		273	300	532

 

Project profile � temporary exhibitions (% staff time)
 

SECTION	1999�00	2000�01	2001�02
Technology	60	58	60
Communities	53	40	24
USA Gallery	35	60	50
Indigenous	�	�	50
TOTAL	148	158	184

 

Project profile � core exhibitions (% staff time)
 

SECTION	1999�00	2000�01	2001�02
Technology	8	20	21
Communities	42	55	56
USA Gallery	40	20	20
Indigenous	�	�	10
TOTAL	90	95	107

Project profile � public programs, media relations, outreach (% staff time)
 

SECTION	1999�00	2000�01	2001�02
Technology	18	12	10
Communities	5	5	5
USA Gallery	10	10	20
Indigenous	�	�	40
TOTAL	33	27	75

 

Project profile � maritime archaeology (% staff time)
 

SECTION	1999�00	2000�01	2001�02
Technology	14	10	9
USA Gallery	15	10	10

 

VISITORS PROGRAM SECTION

Education groups
 

	1999�00	2000�01	2001�02
Primary schools	306	239	298
Secondary schools	226	167	236
Tertiary/Adult groups	120	83	70
GROUPS TOTAL	652	489	604

Visitor numbers
 

Primary students	16,091		11,096	16,944
Secondary students	9,553		6,939	6,432
Adult students	1,097		1,005	1,248
Teachers	3,709		2,807	3,488
Vacation care	3,332		2,234	2,950
Mini Mariners (new Program)	N/A		N/A	1,152
Other groups	5,327	3,042		2,745
GROUPS TOTAL	38,269		27,090	34,959
Kids Deck	17,652		18,866	23,372
ALL PROGRAMS TOTAL	55,921		45,956	58,331

 
 
 

Workshops
 

	2000�01	2001�02
Secrets of the Sea exhibition � games	2	2
Archaeology � Junior	7	6
Archaeology � Senior	4	8
Archaeology & Conservation workshop	N/A	2
Submarine Adventure	7	2
Phylum Fun	3	4
Ship Shape (James Craig)	5	19
Science and the Sea	2	4
Vasa / Science workshop	N/A	7
Shipwreck & Salvage workshop	N/A	52
Shipwreck Sleuths	N/A	1
Technology of Gold workshop	N/A	31
What is History workshop	N/A	2
TOTAL schools in workshops	34	140

 

Tours with Teacher Guides
 

	2000�01	2001�02
Navigators gallery/early explorers	27	52
Transport	8	39
The Sea	6	8
Vasa exhibition	N/A	13
General (includes History, ESL) � other tours	8	32
Gold Rush! exhibition tour and The Prospectors play	58	79
TOTAL schools on tours	136	221

 

Cruises
 

	2000�01	2001�02
General	12	15
Puzzling Cruise	5	0
Cruise and Pyrmont walk	8	8
TOTAL schools on cruises	25	23

 

Schools booked on visiting vessels
 

	2000�01	2001�02
Batavia	198	N/A
Endeavour	26	N/A
Duyfken	27	N/A
James Craig (includes Ship Shape program)	10	32
TOTAL schools on visiting vessels	261	32

Other
 

		2000�01	2001�02
Teacher Friends function, December	N/A	20
Teacher focus group: Navy	N/A	10
Teacher focus group: Oceans of Stories	N/A	10
Shipwreck & Salvage lecture �Yr 12 Students	N/A	174
Food at Sea: special day, students	N/A	169
Food at Sea: Stopping the Rot, students	N/A	252
Aboriginal Studies HSC artwork event	N/A	150
Marine Careers Day for senior students	520	450

 
 
 
 

KEY RESULT AREA 3 � MARITIME HERITAGE

�foster the care and research of Australia�s
maritime heritage and material culture�
 
 

Strategic objectives

3.1 Develop and manage the National Maritime Collection

3.2 Manage other maritime historical material in our care and preserve traditional skills and pracitices

3.3 Encourage the preservation and research of maritime heritage and material culture Australia-wide and internationally

3.4 Make the National Maritime Collection and other maritime material accessible

PROGRAM SUMMARY

Acquisitions

A priceless assemblage of Australian boatbuilding heritage known as the Lars & Harold Halvorsen Collection was donated to the museum by Harvey Halvorsen, the son and grandson of these designer-shipwrights, at a function that included a sail-past of classic Halvorsen motor yachts courtesy of the Halvorsen Owners Club. The Norwegian family of boatbuilders, which migrated to Australia in 1924, built some 1,200 vessels here. Best-known were their beautifully-proportioned timber cabin cruisers and luxurious motor yachts now owned by celebrities, media stars and a former Prime Minister. They built Australia�s first America�s Cup challenger Gretel (1962) and designed and built noted Sydney�Hobart winners such as Freya, Saga, Peer Gynt and Solveig. Over 230 Halvorsen work boats served Australian, US and Dutch forces in the Pacific theatre of World War II. Armed Halvorsen cruisers hunted and sunk a Japanese midget submarine attacking Sydney Harbour 50 years ago. The collection is a lasting record of this work in the form of meticulously kept boat plans and photographs, along with other records and boatbuilding tools. The donor, Harvey Halvorsen, is a boatbuilder continuing the family traditions.

A collection of shipping memorabilia from the Howard Smith shipping company was another significant donation to the collection during the year. It included a bridge telescope from SS Edina, an engraved ship�s bell in a stand, an oil painting of SS Bombala, a blueprint of TSS Mourilyan, prints, photographs, certificates, company ephemera and memorabilia. The material relates to an existing collection of Howard Smith ship models, paintings, photographs, and memorabilia acquired earlier.

Appendix 2 is a selection of purchases for the collection this year, and Appendix 3 fully details donations to the collection.

Fleet section

Docking, maintenance and display of the museum�s fleet of historical vessels in the water was the major focus for the engineers, shipwrights and ship keepers of the fleet section this year. The work, programmed to ensure maximum exposure for the fleet at our Darling Harbour wharves, saw nine vessels slipped. Maintenance activities were also carried out afloat. Fleet staff led Members tours of the below-decks areas of the museum�s destroyer Vampire. They also ensured that the early-20th-century Victorian �couta fishing boat Thistle flew the flag for the museum when they sailed her in both the Balmain Regatta and the Gaffers Day Regatta on Sydney Harbour.

A milestone for the period was the return to display of the Broome pearling lugger John Louis following the most extensive program of conservation work carried out on any of the museum�s fleet to date. John Louis represents both tradition and change in the Western Australian pearl fishery. The section worked closely with the Australian War Memorial, which owns the World War II commando raider Krait displayed at our wharves, to undertake some planking repairs during the vessel�s slipping. Krait at our wharves was again the location for a commemorative service on Remembrance Day, 11 November, for members and families of the Z Special Units Association.

Continuing the museum�s commitment to provide training in traditional and specialised boat building and repair skills, Immanuel Ariel was engaged as a shipwright apprentice. He is the eighth young person (all males to date) to undertake part or all of an apprenticeship at the museum. The museum works with an accredited training provider, the Hunter Valley Training Company, and provides the apprentice�s wage while the company provides administrative, liaison and support services for the apprentices.

Conservation

A major project for the museum�s conservation section this year was the assessment and treatment of the 80 bark paintings of the Saltwater collection from Yirrkala in north-eastern Arnhem Land, to prepare them for display at the museum in August 2002. This will be the first time that the entire collection, which documents the land and sea rights claims of Yolngu people, has been displayed at the museum. The collection was purchased in 2000 with the assistance of Stephen Grant and Bridget Pirrie, GrantPirrie Gallery.

Bark painting is limited geographically to wooded Arnhem Land in the Northern Territory and part of the Kimberley Region of Western Australia. The paintings on stringybark, in pigments of black, white and red to yellow ochres, are part of the artist�s natural environment. As such they are not two-dimensional works like paintings on canvas or paper, but are more like three-dimensional sculptures. They are flexible and move with fluctuations in the environment. The conservation section undertook the complete refit and strengthening of the complex aluminium mounting systems which support the barks yet are flexible enough to move with them in changing environmental conditions. This has made the barks ready for further travel, as plans are underway to display them elsewhere in Australia and overseas.

Vaughan Evans Library

The library is named after its founding donor, the widely respected amateur maritime historian the late Vaughan Evans OAM, who donated his large personal library of monographs and serials to form the collection�s core. This year proved to be a busy one for library staff with increased usage by museum staff working on a busy exhibition program, and by the public. This trend is one that has continued since the library opened (four years before the museum itself opened to the public). The trend has only ever been halted by the Olympic year where a slight dip in figures resulted. Greater use is being made of the library�s pages on the museum�s web site http://www.anmm.gov.au/libhome.htm, which include a number of frequently consulted research aids and indexes to ship images, and contact from the public by email has increased. People visiting the library in person to conduct research also increased. Revenue from enquiries rose and the number of �thank you� letters also increased, a reflection of the improvements in service that have been made since the appointment of a public enquiries librarian.

Outreach activities for the year included several tours of our facilities for family history groups. The library also participated in the study tour program for university & TAFE students of Library and Information Science.

The library received accreditation from the Australian Government Locator Service (AGLS) for metadata which was added to the museum�s web site to improve accessibility. This is in line with the Commonwealth Government�s on-line requirements for government agencies. Library staff developed new on-line resource guides for our Pathfinder series, to enhance the web site at http://www.anmm.gov.au/lib/subject.htm. A collaborative project with maritime author Graeme Andrews led to several new Pathfinder titles on ports, river trade working craft and ferries. A Pathfinder resource guide for HSC chemistry students studying shipwrecks was produced in association with the museum�s maritime archaeology program, and the NSW Heritage Office. This was formulated to cater as well for the needs of remote students with no access to a large research or university library, and complements the museum�s conservation workshops for school students.

The continued participation by a small and dedicated team of Vaughan Evans Library
volunteers enabled several new indexing projects to be started, while good progress was made with existing projects.
 
 

Acquisitions to National Maritime Collection
 

SECTION	1999�00	2000�01	2001�02
Technology	48	19	51
Communities	84	50	51
USA Gallery	18	4	18
Indigenous	0	0	0
TOTAL	150	73	120

 

Donations to National Maritime Collection
 

SECTION	1999�00	2000�01	2001�02
Technology	23	7	27
Communities	51	32	32
USA Gallery	2	0	0
Indigenous	0	0	0
TOTAL	76	39	59

 

Acquisition funding � by appropriation
 

Section	1999�00	2000�01	2001�02
Technology	$51,164	$37,742	$54, 380
Communities	$290,075	$167,903	$134,170
USA Gallery	0	0	0
Indigenous	0	0	0
Total	$341,239	$205,645	$188,550

 
 
 

Acquisition Funding � by trust fund
 

Section	1999-00	2000-01	2001-02
Technology	0	0	0
Communities	0	0	0
USA Gallery	$106,050	$32,409	$14,500
Indigenous	0	0	0
TOTAL	$106,050	$32,409	$14,500

 

Objects registered
 

	1999�00	2000�01	2001�02
Documents	414	180	24
Art	118	398	62
Books	27	32	9
Clothing and accessories	95	124	103
Photographs	61	91	95
Tools and equipment	295	151	743
Models and model parts	0	12	17
Vessels, vessel parts and accessories	8	101	40
Other	125	72	416

Registration
 

	1999-00	2000-01	2001-02
Objects registered (NMC)	1,143	1,161	1,469
Collections registered	172	110	78
Collections remaining unregistered	119	95	124
Objects on display in core exhibitions (NMC, loans)	2,196	1,616	1,924
Objects on temporary display	495	779	442
Objects borrowed	250	625	397
Objects loaned (includes ANMM travelling exhibitions)	26	95	137
Institutions borrowing from NMC	7	18	7
Core exhibition objects changed over (NMC, loans)	35	0	99
Collections donated	55	39	59
Registration photographs	1,143	1,161	1,469
Other photographic services	270	405	450

 
 
 

Conservation
 

	1999-00	2000-01	2001-02
Conservation hours (preparation,  examination, treatments)	5,001	5,614	5,817
Preventative Conservation hours	1,050	885	950
Collection objects examined, treated	770	925	820
Loan objects examined, treated	854	823	842
Special Project hours	450	343	65
Public enquiries serviced	55	39	45

 

Fleet projects profile (% staff time)
 

	1999�00	2000�01	2001�02
Maintenance	75	80	62
General tasks/shipkeeping*	10	7	24
Routine vessel operations	8	5	9
Special events (vessels)	2	5	5
Other	5	3	nil

*Change in categories from 2001�02 to reflect current work patterns

Vaughan Evans Library
 

	1999�00	2000�01	2001�02
Monographs/AV titles accessioned	762	699	716
Internal loans processed	1,369	1,480	1,998
Inter-library loans processed	228	243	326
Public research requests/usage	2,991	2,775	3946
Items catalogued	775	815	861
Revenue	$2,290	$2,661	$4,065

 
 

KEY RESULT AREA 4 � PROFILE AND IMAGE

�be acknowledged as a pre-eminent and innovative
cultural institution�
 
 

Strategic objectives

4.1 Increase awareness of what the museum is and does

4.2 Extend and enhance the museum�s corporate, government and
community support
 
 

Increased awareness of and support for the museum grows from activities across every branch. It depends on close collaborations between staff undertaking the museum�s core activities � developing programs and products that attract attention for their quality and relevance � and staff who promote them to diverse markets and audiences. Programs such as The Welcome Wall raise the museum�s profile among the many migrant cultures that constitute modern Australia. Key groups whose support is essential to the museum�s work include corporate and individual benefactors, Members and volunteers.

Marketing and media

Marketing the museum is undertaken using two broad strategies. One focuses on exhibitions and events as specific incentives for audiences to attend. The other promotes the museum and its facilities as a rewarding place to visit for both Sydneysiders and tourists. Marketing staff utilised a variety of direct advertising media, selected for specific markets which vary according to the nature of the new museum attractions being promoted. Joint promotions with other attractions and tourism groups were tracked through incentive coupon campaigns, allowing more accurate and effective targeting of the marketing budget.

The newly-created external relations unit had a year that was outstanding for the amount of media exposure generated by new attractions at the museum, in particular the Watermarks exhibition and the first Food at Sea Festival. The major newspapers have carried substantial feature articles on these and other museum activities, including the national newspaper The Australian�s colour weekend magazine which featured Watermarks as the cover story on the Australia Day long weekend.

Market research

From March a market researcher was contracted for a year to undertake analysis of various aspects of the museum�s attractions and services, to help make these products more closely aligned to market needs and expectations. An exit survey of the 2002 Classic & Wooden Boat Festival was conducted. A tracking study of visitors to two temporary exhibitions, Oceans Apart and Banumbirr � Morning Star Poles examined visitor flow, to improve future exhibitions� floorplan layout and placement of major labels. A face-to-face study was undertaken to assist selection of the title for a future major temporary exhibition. Evaluation of the audio guides provided for visitors to the museum�s ex-RAN destroyer and submarine included both visitor responses and feedback from volunteer guides stationed on these two popular attractions.

Publications

Print and electronic publications such as the web site http://www.anmm.gov.au support the museum�s profile and image and take it to international audiences (see Appendix 4). Enhancing the Members program�s presence on the web site and raising the number of Member services available on-line was given priority. An email Members newsletter was under development. The publications section administers a growing demand for reproductions of ship images from the collection.

Corporate support

Sponsors continued to provide valuable financial support, products and services for our programs. The travel and shipping industries have assisted the museum�s many exhibition programs, particularly those drawing on overseas collections. Support for the National Maritime Collection�s acquisitions this year is detailed in the previous section, Key Result Area 3. Corporate sponsors are acknowledged in Appendix 10. Appendix 11 lists Corporate Members, an allied program administered by the Members manager. The establishment of a Foundation to support museum activities, principally to build a fund for major additions to the National Maritime Collection, is detailed in the Director�s Overview on page 7.

Members

In conjunction with the museum�s 10th anniversary we launched the HMAS Sydney model appeal, a Members project to raise funds to build models of HMAS Sydney II, III & IV. These will join an existing model of HMAS Sydney I in the Navy exhibition when it is redesigned next year. The Members� 10th anniversary luncheon was a gala affair, featuring as its guest speaker the Australian author Blanche d�Alpuget who related her childhood experiences growing up on Sydney Harbour and sailing with her father, the noted yachtsman and yachting historian Lou d�Alpuget. Visits by Members and their guests to the museum totalled 19,640. There were 976 new members enrolled during the year, and the rate of membership renewals rose to 74%. Corporate memberships rose to 37. The inaugural sponsor of the Members program, Cunard, reached the end of its 10-year contract and new sponsorships are being sought.

Volunteers

The museum�s 10th birthday celebrations included the first issue of the 10-year gold volunteer service badge to 35 volunteers. Volunteers help deliver the museum�s services in many ways, working in most museum sections as the table opposite shows. They are essential to help manage crowds at major events such as the Classic & Wooden Boat Festival and our free-admission Australia Day celebrations when visitor numbers peak. At 30 June 2002 the museum had 367 registered volunteers, up 9.2% for the same time last year. Volunteers contributed 41,180 hours during the year. This is 1,677 hours less than for the same period last year (which included the Olympic period) but 17.7% above the museum�s target of 35,000 hours.

Volunteer guides have led a total of 3,383 Vampire tours, escorting 28,333 visitors, up 19.8% from last year. General museum guides have conducted 2,288 tours, escorting 10,392 visitors, up 35.3% from last year. The Cape Bowling Green Lighthouse/Fleet had 229 visitors on 46 guided tours. The lighthouse has been closed for most of the year for restoration works. Guided tours of Wharf 7 were attended by 1,483 visitors on 470 separate tours.

The volunteers section manages student applications for work experiences, liaising with section managers to find appropriate placements if resources allow. There were 20 applications from secondary school students, 14 of whom were placed. Fifteen applications from tertiary and college students resulted in nine placements.

At 30 June 2002, volunteers have contributed 279,677 hours since the museum�s inception. Valued at $12 per hour this equates to services worth $3.36 million dollars.

The Welcome Wall

In May the 10,000th registrant on the Welcome Wall was unveiled by the NSW Governor, Professor Marie Bashir, along with another 850 new names, watched by 1,500 guests. It was the second unveiling of names during the year, the previous one featuring as guest speaker the Australian author Thomas Keneally. The Welcome Wall is a tribute to the six million people who have migrated from across the seas to make a new home in Australia. The museum launched The Welcome Wall in November 1997 with the support of its principal sponsor Optus, which saw the project�s focus on Australia�s cultural diversity as one that complemented its own corporate goals as a leading multicultural organisation. This year Optus encouraged its staff to participate in The Welcome Wall by submitting their own stories about the experiences of themselves or family members in migrating to Australia, to win their own place on The Welcome Wall.
 
 

Advertising & market research
 

	1999�00	2000�01	2001�02
Advertising agency	$108,254	$102,926	$108,043
Market research organisations	$55,974	$25,897	$33,513
Direct mail	$1,291	$300	$2,711

 

Sponsorship performance
 

	1999�00	2000�01	2001�02
Cash	$499,340	$314,800	$454,817
Kind	$208,960	$72,250	$119,610
Total	$710,300	$387,050	$574,427

Members program
 

	1999�00	2000�01	2001�02
Memberships at 30 June 2001	3,999	3,956	3,717
Members at 30 June 2001	11,485	11,222	10,220
Percentage renewing	80	69	74
Corporate Memberships	35	36	37
Gross revenue	$301,345	$322,125	$294,702
Net revenue	$196,627	$180,119	$170,533
Exclusive Members functions held	63	67	53
Members attending functions	3,811	3,550	2,748

 

Volunteers service profile (% of service time)
 

	1999�00	2000�2001	2001�02
Guides	65.6	63.5	59.2
Fleet	9.0	10.7	13.9
Members	8.4	8.6	8.7
Others*	6.0	8.2	6.8
Public programs	2.6	2.7	4.4
Volunteer office	2.1	1.7	1.0
Conservation	1.7	1.2	2.0
Registration	1.2	1.5	1.8
Marketing/External relations	1.0	1.6	2.2
Curatorial	0.0	0.2	0.0

*Includes Library, Records, Design and Secretariat and miscellaneous task hours.
 
 
 

Section 3

Financial Statements
 

AUSTRALIAN NATIONAL MARITIME MUSEUM

STATEMENT OF FINANCIAL PERFORMANCE

For the year ended 30 June 2002
 

			Notes		2002 $�000		2001 $�000
Revenues from ordinary activities
		Revenues from Government	3A		29,461		28,435
		Sales of goods and services	3B		4,759		7,284
		Interest	3C		253		421
		Net gains from sales of assets	3D		18		23
		Other	3E		1,640		1,373
Total revenues from ordinary activities					36,131		37,536
Expenses from ordinary activities (excluding borrowing costs expense)
		Employees	4A		7,553		7,852
		Suppliers	4B		9,464		9,526
		Grants	4C		38		28
		Depreciation and amortisation	4D		6,274		6,811
		Write-down of assets	4E		24		116
Total expenses from ordinary activities (excluding borrowing costs expense)					23,353		24,333
Borrowing costs expense			5		1,164		1,241
Net operating surplus from ordinary activities					11,614		11,962
		Gain on extraordinary item	6		-		50,174
Net surplus					11,614		62,136
Net surplus attributable to the Commonwealth			12		11,614		62,136
Net credit to asset revaluation reserve					4,713		7,285
Total revenues, expenses and valuation adjustments attributable to the Commonwealth and recognised directly in equity					4,713		7,285
Total changes in equity other than those resulting from transactions with owners as owners					16,327		69,421

The above statement should be read in conjunction with the accompanying notes.
 
 

AUSTRALIAN NATIONAL MARITIME MUSEUM

STATEMENT OF FINANCIAL POSITION

as at 30 June 2002
 

				Notes		2002 $�000		2001 $�000
ASSETS
Financial assets
		Cash		7A		7,546		4,133
		Receivables		7B		412		638
		Investments		7A		806		767
Total financial assets						8,764		5,538
Non-financial assets
		Land and buildings		8A		76,666		76,672
		Infrastructure, plant and equipment		8B		20,461		17,453
		National Maritime Collection		8C		8,646		8,472
		Inventories		8E		103		95
		Other		8F		239		546
Total non-financial assets						106,115		103,238
Total assets						114,879		108,776
LIABILITIES
Interest bearing liabilities
		Loans		9A		17,815		18,937
Total interest bearing liabilities						17,815		18,937
Provisions
	Employees			10A		1,852		2,073
	Capital Use Charge					292		19
Total provisions						2,144		2,092
Payables
		Suppliers		11A		1,135		1,150
		Deposits		11B		88		202
		Other				-		21
Total payables						1,223		1,373
Total liabilities						21,182		22,402
NET ASSETS						93,697		86,374
EQUITY
		Contributed equity		12		1,000		1,000
		Reserves		12		25,198		20,485
		Accumulated surplus		12		67,499		64,889
Total equity						93,697		86,374
Current assets						8,959		6,179
Non-current assets						105,920		102,597
Current liabilities						3,705		3,763
Non-current liabilities						17,477		18,639

The above statement should be read in conjunction with the accompanying notes.
 
 

AUSTRALIAN NATIONAL MARITIME MUSEUM

STATEMENT OF CASH FLOWS

for the year ended 30 June 2002
 

			Notes		2002 $�000		2001 $�000
OPERATING ACTIVITIES
Cash received
		Appropriations			29,461		28,435
		Sales of goods and services			5,104		5,943
		Interest			270		390
	GST received from ATO				824		618
	Other				621		608
	Contribution from Patrons Fund				386		-
Total cash received					36,666		35,994
Cash used
		Grants			(38)		(28)
		Employees			(7,039)		(6,507)
		Suppliers			(9,972)		(10,383)
		Borrowing costs			(1,178)		(1,252)
Total cash used					(18,227)		(18,170)
Net cash from operating activities			14		18,439		17,824
INVESTING ACTIVITIES
Cash received
		Proceeds from sales of property, plant & equipment			42		33
Total cash received					42		33
Cash used
		Purchase of property, plant and equipment			(4,642)		(4,523)
	Purchase of intangible assets				(147)		-
Total cash used					(4,789)		(4,523)
Net cash (used by) investing activities					(4,747)		(4,490)
FINANCING ACTIVITIES
Cash used
		Repayment of debt			(1,122)		(948)
	Capital use charge paid				(9,118)		(9,607)
Total cash used					(10,240)		(10,555)
Net cash (used by) financing activities					(10,240)		(10,555)
Net increase in cash held					3,452		2,779
Cash at the beginning of the reporting period					4,900		2,121
Cash at the end of the reporting period			7A		8,352		4,900

The above statement should be read in conjunction with the accompanying notes.

Australian National Maritime Museum
SCHEDULE OF COMMITMENTS

as at 30 June 2002
 

				2002 $�000		2001 $�000
BY TYPE
COMMITMENTS
	Operating leases			187		100
Total commitments payable				187		100
COMMITMENTS RECEIVABLE		(1)		7,230		7,682
	Net commitments			7,043		7,582
BY MATURITY
All net commitments
	One year or less			925		880
	From one to five years			4,756		4,214
	Over five years			1,362		2,488
Net commitments				7,043		7,582
Operating lease commitments
	One year or less			175		85
	From one to five years			12		15
Net operating lease commitments				187		100

N.B: Commitments are GST inclusive where relevant.

(1) Commitments receivable under the sublease of Level 3, Wharf 7.

(2) Operating lease include leases for maintenance and storage facilities and for a motor vehicle, on which there are no contingent rentals.
 
 

The above schedule should be read in conjunction with the accompanying notes.
 
 
 
 

AUSTRALIAN NATIONAL MARITIME MUSEUM

SCHEDULE OF CONTINGENCIES

as at 30 June 2002
 

				2002 $�000		2001 $�000
CONTINGENT LOSSES				-		-
Total contingent losses				-		-
CONTINGENT GAINS				-		-
Net contingencies				-		-

The above schedule should be read in conjunction with the accompanying notes.
 
 
 
 
 
 

AUSTRALIAN NATIONAL MARITIME MUSEUM
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2002
 

Note	Description
1	Summary of Significant Accounting Policies
2	Economic Dependency
3	Operating Revenues
4	Operating Expenses
5	Borrowing Cost Expenses
6	Extraordinary Item
7	Financial Assets
8	Non-Financial Assets
9	Interest Bearing Liabilities
10	Provisions
11	Payables
12	Equity
13	Non- Cash Financing and Investing Activities
14	Cash Flow Reconciliation
15	Remuneration of Council Members
16	Related Party Disclosures
17	Remuneration of Auditors
18	Average Staffing Levels
19	Financial Instruments
20	Appropriations
21	Assets Held in Trust
22 23	Reporting of Outcomes Australian National Maritime Foundation

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

1.1 Basis of Accounting

The financial statements are required by clause 1(b) of Schedule 1 of the Commonwealth Authorities and Companies Act 1997 and are a general purpose financial report.

The statements have been prepared in accordance with:

• Finance Minister�s Orders (being the Commonwealth Authorities and Companies (Financial Statements 2001-2002) Orders;
• Australian Accounting Standards and Accounting Interpretations issued by the Australian Accounting Standards Board;
• other authoritative pronouncements of the Board; and
• the Consensus Views of the Urgent Issues Group.

• the Explanatory Notes to Schedule 1 issued by the Department of Finance and Administration; and
• Finance Briefs issued by the Department of Finance and Administration.

The Statements of Financial Performance and Financial Position have been prepared on an accrual basis and are in accordance with historical cost convention, except for certain assets which, as noted, are at valuation. Except where stated, no allowance is made for the effect of changing prices on the results or the financial position.

Assets and liabilities are recognised in the Statement of Financial Position when and only when it is probable that future economic benefits will flow and the amounts of the assets or liabilities can be reliably measured. Assets and liabilities arising under agreements equally proportionately unperformed are however not recognised unless required by an Accounting Standard. Liabilities and assets which, are unrecognised, are reported in the Schedule of Commitments and the Schedule of Contingencies.

Revenues and expenses are recognised in the Statement of Financial Performance when and only when the flow or consumption or loss of economic benefit has occurred and can be reliably measured.

Consolidation and associated company. The financial statements show information for the economic entity only; this reflects the consolidated results for the parent entity, the Australian National Maritime Museum, and its wholly owned subsidiary, The Australian National Maritime Foundation. The results of the parent entity do not differ materially from the economic entity and have therefore not been separately disclosed. The Australian National Maritime Foundation is a company limited by guarantee, with an initial contribution of $385,620.

The assets, liabilities and results of The Australian National Maritime Foundation have been consolidated with the parent entity accounts in accordance with AAS24 � Consolidated Financial Reports. All internal transactions and balances have been eliminated on consolidation.
 
 

1.2 Changes in Accounting Policies

The accounting policies used in the preparation of these financial statements are consistent with those used in 2000-2001.

1.3 Reporting by Outcomes

A comparison of Budget and Actual figures by outcome specified in the Appropriation Acts relevant to the Museum is presented in Note 22. Any intra-government costs included in the figure �net cost to Budget outcomes� are eliminated in calculating the actual budget outcome for the Government overall.

1.4 Revenue

The revenues described in this Note are revenues relating to the core operating activities of the Museum.

Revenue from the sale of goods is recognised upon the delivery of goods to customers.

Interest revenue is recognised on a proportional basis taking into account the interest rates applicable to the financial assets.

Revenue from disposal of non-current assets is recognised when control of the asset has passed to the buyer.

Revenue from the rendering of a service is recognised by reference to the stage of completion of contracts. The stage of completion is determined according to the proportion that costs incurred to date bear to the estimated total costs of the transaction.

Revenues from Government - Output Appropriations

The full amount of the appropriation for departmental outputs for the year is recognised as revenue.

Resources Received Free of Charge

Services received free of charge are recognised as revenue when and only when a fair value can be reliably determined and the services would have been purchased if they had not been donated. Use of the resources is recognised as an expense.

Contributions of assets at no cost of acquisition or for nominal consideration are recognised at their fair value when the asset qualifies for recognition.

1.5 Employee Entitlements

Leave

The liability for employee entitlements includes provision for annual leave and long service leave. No provision has been made for sick leave as it is non-vesting and the average sick leave taken in future years by employees is estimated to be less than the annual entitlement for sick leave.

The liability for annual leave reflects the value of total annual leave entitlements of all employees at 30 June 2002 and is recognised at its nominal amount.

The non-current portion of the liability for long service leave is recognised and measured at the present value of the estimated future cash flows to be made in respect of all employees at 30 June 2002. In determining the present value of the liability, the Museum has taken into account attrition rates and pay increases through promotion and inflation.

Superannuation

Employees contribute to the Commonwealth Superannuation Scheme and Public Sector Superannuation Scheme. Employer contributions amounting to $462,899 (2000-01: $455,162) in relation to these schemes have been expensed in these financial statements.

No liability for superannuation benefits is recognised as at 30 June as the employer contributions fully extinguish the accruing liability, which is assumed by the Commonwealth.

Employer Productivity Superannuation Contributions totalled $168,842 (2000-01: $170,981).

1.6 Leases

A distinction is made between finance leases, which effectively transfer from the lessor to the lessee substantially all the risks and benefits incidental to ownership of leased non-current assets, and operating leases, under which the lessor effectively retains substantially all such risks and benefits. The Museum has no finance leases.

Operating lease payments are expensed on a basis that is representative of the pattern of benefits derived from the leased assets.

1.7 Borrowing Costs

All borrowing costs are expensed as incurred.

1.8 Grants

The Museum recognises grant liabilities as follows.

Most grant agreements require the grantee to perform services or provide facilities, or to meet eligibility criteria. In these cases, liabilities are recognised only to the extent that the services required have been performed or the eligibility criteria have been satisfied by the grantee.

In cases where grant agreements are made without conditions to be monitored, liabilities are recognised on signing of the agreement.

1.9 Cash

Cash means notes and coins held and any deposits held at call with a bank or financial institution.
 
 

1.10 Financial Instruments

Accounting policies in relation to financial instruments are disclosed in Note 19.

1.11 Acquisition of Assets

Assets are recorded at cost on acquisition except as stated below. The cost of acquisition includes the fair value of assets transferred in exchange and liabilities undertaken.

1.12 Property (Land, Buildings and Infrastructure), Plant and Equipment

Asset Recognition Threshold

Purchases of property, plant and equipment are recognised initially at cost in the Statement of Financial Position, except for purchases costing less than $2,000, which are expensed in the year of acquisition (other than where they form part of a group of similar items which are significant in total).

Revaluations

Land, buildings, infrastructure, plant and equipment are revalued progressively in accordance with the �deprival� method of valuation in successive three-year cycles, so that no asset has a value greater than three years old.

The Museum completed its asset revaluation on 30 June 2002, with asset groups updated as follows:

• leasehold land and buildings were revalued in 2000-01;
• leasehold improvements have been revalued in 2001-02;
• exhibition fitouts have been revalued by type of asset in 2001-02;
• plant and equipment, including information technology equipment, have been revalued by type of asset in 2001-02;
• the National Maritime Collection has been revalued in 1999-2000.

In accordance with the deprival methodology, land is measured at its current market buying price. Property (other than land), plant and equipment are measured at their depreciated replacement cost. Where assets are held which would not be replaced or are surplus to requirements, measurement is at net realisable value. At 30 June 2002, there were no assets in this situation.

The revaluation in 2002 was conducted by the Australian Valuation Office.

Recoverable Amount test

Schedule 1 requires the application of the recoverable amount test to the Museum�s non-current assets in accordance with AAS 10 Recoverable Amount of Non-Current Assets. The carrying amounts of these non-current assets have been reviewed to determine whether they are in excess of their recoverable amounts. In assessing recoverable amounts, the relevant cash flows have been discounted to their present value.

Depreciation and Amortisation

Depreciable property, plant and equipment assets are written off to their estimated residual values over their estimated useful lives to the Museum using, in all cases, the straight line method of depreciation. Leasehold improvements are amortised on a straight line basis over the lesser of the estimated useful life of the improvements or the unexpired period of the lease.

Depreciation/amortisation rates (useful lives) and methods are reviewed at each balance date and necessary adjustments are recognised in the current, or current and future reporting periods, as appropriate. Residual values are re-estimated for a change in prices only when assets are revalued.

Depreciation and amortisation rates applying to each class of depreciable asset are based on the following useful lives:
 

	2001-02	2000-01
Buildings	22 years	22 years
Leasehold land	105 years	105 years
Leasehold improvements	Lease term or 10 years	Lease term or 10 years
Permanent exhibition items	7 - 20 years	7 � 20 years
Infrastructure, plant and equipment	5% - 33%	5% - 33%

The Collection is not depreciated because of its long term nature and the expected appreciation of its historical value.

The aggregate amount of depreciation allowed for each class of asset during the reporting period is disclosed in Note 4D.

1.13 Inventories

Inventories held for resale by the Museum store are valued at the lower of cost and net realisable value.

Inventories not held for resale are valued at cost, unless they are no longer required, in which case they are valued at net realisable value.

1.14 Taxation

The Museum is exempt from all forms of taxation except fringe benefits tax and goods and services tax.

1.15. Capital Usage Charge

A capital usage charge of 11% (2000-01:12%) is imposed by the Government on the net assets of the Museum. The charge is adjusted to take account of asset gifts and revaluation increments during the year.

1.16 Foreign Currency

Transactions denominated in a foreign currency are converted at the exchange rate at the date of the transaction. Foreign currency receivables and payables (if any) are translated at the exchange rates current as at balance date.

1.17 Insurance

The Museum has insured for risks through the Government�s insurable risk managed fund, called �Comcover�. Workers compensation is insured through Comcare Australia.

1.18 Comparative Figures

Comparative figures have been adjusted to conform to changes in presentation in these financial statements where required.

19. Rounding

• remuneration of council members;

• remuneration of auditors; and

• Trust and Foundation monies.

2. ECONOMIC DEPENDENCY

The Australian National Maritime Museum is controlled by the Commonwealth of Australia.

The Museum is dependent on appropriations from the Parliament of the Commonwealth for its continued existence and ability to carry out its normal activities.
 
 

3. OPERATING REVENUES $�000 $�000
 
 

3A. Revenues from Government
 

Appropriations for outputs

29,461

28,435

 

3B. Sales of goods and services
 

Goods 304 ---------- ----------	540	569
Services	4,219	6,715
	4,759	7,284
Cost of sales of goods	280	304

 

3C. Interest
 

Deposits

253

421

3D. Net Gain from Sales of Assets
 

Infrastructure, plant and equipment
	Proceeds from sale	41	33
	Less: Net book value at sale	(23)	(10)
Net gain		18	23

3E. Other Revenues
 

Industry contributions	510	387
Other- Donations and bequests	974	841
Grants	15	145
Other	141	-
	1,640	1,373

Donations include $964,610 (2000-01: $806,546) for service-related donations-in-kind from a range of donors.

Certain refurbishments to the Museum�s exhibits have been recorded for the first time this year using deprival valuation methodology and have been recorded as Other revenue. The total amount involved is $141,296 (2000-01: nil).
 
 

4. OPERATING EXPENSES

4A. Employee Expenses
 

Remuneration (for services provided)	6,021	6,466
Redundancy and separation Other employee expenses	53 1,479	- 1,386
	7,553	7,852

The Museum contributes to the Commonwealth Superannuation (CSS) and the Public Sector Superannuation (PSS) schemes which provide retirement, death and disability benefits to employees. Contributions to the schemes are at rates calculated to cover existing and emerging obligations. Current contribution rates are 17.6% of salary (CSS) and 10.8% (PSS). An additional 3% is contributed for Employer Productivity Superannuation Contributions.

4B. Supplier Expenses
 

Supply of goods and services	9,271	9,344
Operating lease rentals	193	182
	9,464	9,526

 

4C. Grants Expense

The Museum makes grants to support the involvement of community groups in maritime heritage projects.
 

Non-profit institutions

38

28

4D. Depreciation and Amortisation
 

Depreciation of property, plant and equipment	5,224	5,911
Amortisation of leasehold assets	982	848
Amortisation of capitalised interest	68	52
	6,274	6,811
The aggregate amounts of depreciation or amortisation expensed during the reporting period, for each class of depreciable asset are as follows:
Buildings	3,217	3,062
Leasehold improvements	20	43
Capitalised interest	68	52
Infrastructure, plant and equipment	2,969	3,654
	6,274	6,811
4E. Write-Down of Assets
Plant & equipment � write-off on disposal	24	116
	24	116

5. BORROWING COST EXPENSE
 

Loan

1,164

1,241

 
 
 

6. EXTRAORDINARY ITEM

The Government of the Commonwealth of Australia transferred the ownership of the Australian National Maritime Museum�s museum and exhibition centre building at Darling Harbour to the Museum, at its net book value ($50,174 m) at the time of transfer, 1 July 2000.

7. FINANCIAL ASSETS
 

7A. Cash and Investments Cash at bank and on hand 680 6,620 Deposits at call	846 6,700	933 3,200
Total cash	7,546	4,133
Cash investments � bank bills	806	767
Total investments	806	767
Balance of cash as at 30 June shown in the Statement of Cash Flows	8,352	4,900
7B. Receivables Goods and services	101	238
Receivable from Trust	21	-
GST receivable	290	400
Total receivables	412	638
Receivables (gross) are aged as follows:
Not overdue	356	400
Overdue by:
Less than 30 days	1	93
30 to 60 days	3	3
60 to 90 days	-	142
more than 90 days	52	-
	56	238
	412	638

 

8. NON-FINANCIAL ASSETS

8A. Land and Buildings
 

Leasehold land � at 2000-01 valuation	10,500	10,500
Accumulated amortisation	(108)	-
Total leasehold land	10,392	10,500
Buildings � at cost Building � at 2000-01 valuation	56,525 17,000	51,479 17,000
Accumulated depreciation	(7,323)	(2,397)
	66,202	66,082

 
 

Leasehold improvements - at cost Leasehold improvements - at 2001-02 valuation 213 -	15 113	11 -
Leasehold improvements � at 1998-99 valuation	-	199
Accumulated Amortisation	(56)	(121)
	72	89
Total buildings (net)	66,274	66,172
Total Land and Buildings	76,666	76,672

8B. Infrastructure, Plant and Equipment
 

Plant and equipment - at cost 506 2,571	-	1,237
Accumulated depreciation	-	(500)
	-	737
Plant and equipment � at 2001-02 valuation	2,743	-
Plant and equipment � at 1998-99 valuation	-	1,462
Accumulated depreciation	(1,393)	(1,241)
	1,350	221
Exhibits and fitout � at cost	0	5,720
Accumulated depreciation	0	(951)
	0	4,769
Exhibits and fitout - at 2001-02 valuation 31,521	36,455	-
Exhibits and fitout � at 1998-99 valuation	-	31,302
Accumulated depreciation	(17,344)	(19,576)
	19,111	11,726
Total Infrastructure, Plant and Equipment	20,461	17,453

The revaluations were completed by independent valuers at the Australian Valuation Office.

8C. National Maritime Collection
 

National Maritime Collection - at cost	358	184
National Maritime Collection - at valuation (1999-2000)	8,288	8,288
	8,646	8,472

The revaluation of the National Maritime Collection in 1999-2000, was in accordance with the revaluation policies stated in Note 1 and was at Director�s valuation.

8D. Analysis of Property, Plant and Equipment

TABLE A Movement summary 2001-02 for all assets irrespective of valuation basis
 

Item	Land	Buildings	Total Land & Buildings	Infrastructure, Plant & Equipment	National Maritime Collection		Total
	$�000s	$�000s	$�000s	$�000s	$�000s		$�000s
Gross value as at 1 July 2001	10,500	68,689	79,189	39,720	8,472		127,381
Additions: purchase of assets	-	838	838	3,628	174		4,640
Revaluations: write-ups/(write-downs)	-	15	15	3,662	-		3,677
Assets transferred in/(out)	-	4,111	4,111	(4,111)	-		-
Disposals	-	-	-	(3,701)	-		(3,701)
Gross value as at 30 June 2002	10,500	73,653	84,153	39,198	8,646		131,997
Accumulated Depreciation/Amortisation as at 1 July 2001	-	2,517	2,517	22,267	-		24,784
Disposals				(3,625)			(3,625)
Depreciation/amortisation charge for the year	108	3,197	3,305	2,969	-		6,274
Revaluations: write-ups/(write-downs)	-	(19)	(19)	(1,190)	-		(1,209)
Assets transferred in/(out)	-	1,684	1684	(1,684)	-		-
Accumulated Depreciation/Amortisation at 30 June 2002	108	7,379	7,487	18,737	-		26,224
Net book value as at 30 June 2002	10,392	66,274	76,666	20,461	8,646	105,773
Net book value as at 1 July 2001	10,500	66,172	76,672	17,453	8,472	102,597

TABLE B Summary of balances of assets at valuation as at 30 June 2002
 

Item	Land	Buildings	Total Land & Buildings	Infrastructure, Plant & Equipment	National Maritime Collection	Total
	$�000s	$�000s	$�000s	$�000s	$�000s	$�000s
As at 30 June 2002
Gross value	10,5000	17,000	27,500	39,198	8,288	74,986
Accumulated Depreciation/Amortisation	(108)	(843)	(951)	(18,737)	-	(19,688)
Net book value	10,392	16,157	26,549	20,461	8,288	55,298
As at 30 June 2001
Gross value	10,5000	17,000	27,500	32,764	8,288	68,552
Accumulated Depreciation/Amortisation	-	-	-	(20,817)	-	(20,817)
Net book value	10,500	17,000	27,500	11,947	8,288	47,735

8E. Inventory $�000 $�000
 

Store inventory held for resale � at cost

103

95

8F. Other non-financial assets
 

Prepayments

239

546

 

9. INTEREST BEARING LIABILITIES
 

9A. Loans
 

Bill of exchange

17,815

18,937

The Museum has an external loan of $17,815,431 (2001: $18,937,766) which financed the construction of the Wharf 7 building.

The loan is held with the Commonwealth Bank of Australia. The Museum has no other debt facilities.

The loan is due to be repaid in July 2010 and is payable as follows:
 

Within one year: 675 -	1,305	1,123
Within one to two years	1,503	1,305
Within two to five years:	5,859	5,167
More than five years	9,148	11,342
Total loans	17,815	18,937

 

10. PROVISIONS

10A. Employees
 

Salaries and wages 101 70	158	152
Bonus	-	267
Leave	1,694	1,654
Aggregate employee entitlement liability	1,852	2,073

Employee provisions are categorised as follows:
 

	Current	937	1,248
	Non-current	915	825
		1,852	2,073

 

11. PAYABLES

11A. Suppliers
 

Trade creditors 990 855

1,135

1,150

All supplier payables are current.

12. EQUITY
 

Item	Capital		Accumulated Results		Asset Revaluation Reserve		TOTAL EQUITY
	2002	2001	2002	2001	2002	2001	2002	2001
	$�000	$�000	$�000	$�000	$�000	$�000	$�000	$�000
Balance 1 July Operating result  Net revaluation increases Contribution from Patrons Fund Capital Use Charge	1,000 - - - -	1,000 - - - -	64,889 11,614     386 (9,390)	12,379 62,136 - - (9,626)	20,485 - 4,713 - -	13,200 - 7,285 - -	86,374 11,614 4,713 386 (9,390)	26,579 62,136 7,285 - (9,626)
Balance 30 June	1,000	1,000	67,499	64,889	25,198	20,485	93,697	86,374

 

13. NON-CASH FINANCING AND INVESTING ACTIVITIES
 

Non-cash financing and investing activities

-

50,174

The Government of the Commonwealth of Australia transferred the ownership of the Australian National Maritime Museum�s museum and exhibition centre building at Darling Harbour to the Museum, at its net book value at the time of transfer, 1 July 2000.
 
 

14. CASH FLOW RECONCILIATION

Reconciliation of operating surplus to net cash from operating activities:
 

Net operating surplus from ordinary activities	11,614	11,962
Depreciation and amortisation 1,943 2,693	6,274	6,811
Assets taken up	(141)	-
Write down of non-current assets	5	93
(Increase)/decrease in receivables	205	(247)
(Increase)/decrease in inventories	(8)	(21)
(Increase)/decrease in other assets	453	(506)
Increase/(decrease) in employee provisions	(221)	611
Increase/(decrease) in liability to suppliers,  deposits and accrued interest	(128)	(879)
Contribution from Patrons Fund	386
Net cash from operating activities	18,439	17,824

 
 
 

15. REMUNERATION OF COUNCIL MEMBERS

The number of Council members of the Museum included in these figures are shown below in the relevant remuneration bands
 

$ Nil - $10,000 9 10	4	7
$10,001 - $20,000	5	4
$20,001 - $30,000		1
$170,001 - $180,000	1	1
	10	13

$ $
 

Aggregate amount of superannuation payments in connection 19,428 19,833 with the retirement of Council members	975	1,930
Other remuneration received or due and receivable by Council 194,754 193,066 members of the Museum	261,517	264,152
Total remuneration received or due and receivable by Council 214,182 212,899 members of the Museum	262,492	266,082

 

16. RELATED PARTY DISCLOSURES

Council Members of the Museum during the year were:

Mr Mark Bethwaite (Chairman)

Ms Mary-Louise Williams (Director)
Mr John Kirby (deceased 8 April 2002)
Mr Richard Bunting

Ms Cecilia Caffery (retired 8 December 2001)

Mr Bruce McDonald

Mr John Farrell

Mr Noel Robins

RADM Kevin Scarce RAN

Mr Marcus Blackmore

Mr John Simpson

Mr Brian Gibson (appointed 26 June 2002)

Ms Eda Ritchie (appointed 26 June 2002)

Ms Nerolie Withnall (appointed 26 June 2002)

The aggregate remuneration of Council Members is disclosed in Note 15.
 
 

17. REMUNERATION OF AUDITORS
 

Remuneration to the Auditor-General for auditing 36,000 38,000 the financial statements

34,000

34,000

No other services were provided by the Auditor-General during the reporting period.
 
 
 
 
 
 

18. AVERAGE STAFFING LEVELS

19. FINANCIAL INSTRUMENTS

19. a) Terms, Conditions and Accounting policies
 

Financial Instrument	Notes	Accounting Policies and Methods (including recognition criteria and measurement basis)		Nature of underlying instrument (including significant terms and conditions affecting the amount, timing and certainty of cash flows)
Financial Assets			Financial assets are recognised when control over future economic benefits is established and the amount of the benefit can be reliably measured.
Deposits at call and cash on hand	7A	Deposits are recognised at their nominal amounts. Interest is credited to revenue as it accrues.		Temporarily surplus funds, mainly from monthly drawdowns of appropriation, are placed on deposit at call with the ANZ Bank. Interest is earned on the daily balance at the prevailing daily rate for money at call and is paid monthly.
Bank bills	7A	The bills are recognised at cost. Interest is accrued as it is earned.		The bills are funds with the ANZ Bank, in 30 day accounts. Interest is earned at the prevailing rate and is paid monthly.
Receivables for goods and services	7B	Receivables are recognised at the nominal amounts due less any provision for bad and doubtful debts. Provision is made when collection of the debt is judged to be unlikely.		Credit terms are net 30 days (2000-01: 30 days)
Financial Liabilities			Financial liabilities are recognised when a present obligation to another party is entered into and the amount of the liability can be reliably measured.
Bills of exchange	9A		Bills are carried at the amount of their initial proceeds plus accrued interest.	Bills are issued at a discount reflecting market yields. They have an average maturity of 90 days and an effective interest rate of 6.9%. The bills will be fully repaid in July 2010.
Trade Creditors	11A		Trade creditors are recognised at their nominal amounts, being the amounts at which the liabilities will be settled. Liabilities are recognised to the extent that the goods or services have been received (and irrespective of having been invoiced).	Settlement is usually made net 30 days (2000-01: 30 days)
Refundable Deposits	11B		Deposits for advance services are recognised at their nominal amounts.	Service revenue is recognised as it is earned, at the date the service is provided.

19. b) Financial Instruments: Interest Rate Risk
 

Financial		Notes		Floating					Fixed Interest Rate														Non-Interest				Total			Weighted Avg Effective
Instrument				Interest Rate					1 year or less					1 - 5 years				> 5 years					Bearing							Interest Rate
				01-02 $�000			00-01 $�000			01-02 $�000		00-01 $�000			01-02 $�000	00-01 $�000			01-02 $�000		00-01 $�000		01-02 $�000			00-01 $�000	01-02 $�000	00-01 $�000		01-02 %		00-01 %
Financial Assets
Cash deposits and cash on hand		7A		846			933			-		-			-	-			-		-		-			-	846		933	2.95	3.21
Bank bills and deposits at call		7A		6,700			3,200			806		767			-	-			-		-		-			-	7,506		3,967	4.5	5.34
Receivables for goods and services		7B		-			-			-		-			-	-			-		-		412			638	412		638	n/a	n/a
Total financial assets recognised				7,546			4,133			806		767			-	-			-		-		412			638	8,764		5,538
Total Assets																											114,879		108,776
Financial Liabilities
Bills of exchange		9A	-				-			-		-			-	-			17,815		18,937		-			-	17,815		18,937	6.9	6.9
Trade creditors		11A	-				-			-		-			-	-			-		-		1,135			1,150	1,135		1,150	n/a	n/a
Deposits		11B	-				-			-		-			-	-			-		-		88			202	88		202	n/a	n/a
Other payable			-				-			-		-			-	-			-		-		-			21	-		21	n/a	n/a
Total financial liabilities recognised			-				-			-		-			-	-			17,815		18,937		1,223			1,373	19,038		20,310
Total Liabilities																											21,182		22,402
Unrecognised Instruments
Other commitments	Schedule of Commitments				-	-		-			-		-				-			-		-	7,230			7,682	7.230		7,682	n/a	n/a
Total financial assets (Unrecognised)																							7,230			7,682	7,230		7,682
Other commitments	Schedule of Commitments				-	-		-			-		-				-			-		-	187			100	187		100	n/a	n/a
Total financial liabilities (Unrecognised)																								187	100		187		100

19. Financial Instruments

19. c) Net Fair Values of Financial Assets and Liabilities
 

Financial Assets	Note	2001-02		2000-01
		Total carrying amount	Aggregate net fair value	Total carrying amount	Aggregate net fair value
		$�000	$�000	$�000	$�000
Cash	7A	7,546	7,546	4,133	4,133
Investments	7A	806	806	767	767
Receivables	7B	412	412	638	638
Total Financial Assets		8,764	8,764	5,538	5,538
Financial Liabilities (Recognised)
Bank loan/Bill of exchange	9A	17,815	18,456	18,937	19,932
Trade creditors	11A	1,135	1,135	1,150	1,150
Repayable deposits	11B	88	88	202	202
Other payable		-	-	21	21
Total Financial Liabilities (Recognised)		19,038	19,679	20,310	21,305

Financial Assets

The net fair values of cash, deposits on call and receivables approximate their carrying amounts.

The net fair values of bank bills are based on discounted cash flows using current interest rates for assets with similar risk profiles.
 

Financial Liabilities

The net fair value of trade creditors are approximated by their carrying amounts. The net fair value of the bills of exchange, which will be rolled over after 90 day maturity periods for up to 8 years to finance the long-term loan, are based on discounted cash flows using current interest rates for liabilities with similar risk profiles.

d) Credit Risk Exposures

The Museum�s maximum exposures to credit risk at reporting date in relation to each class of recognised financial assets is the carrying amount of those assets as indicated in the Statement of Financial Position.

The Museum has no significant exposures to any concentrations of credit risk. All figures for credit risk referred to do not take into account the value of any collateral or other security.

20. APPROPRIATIONS

The Museum received the following appropriations during the year out of the Consolidated Revenue Fund:
 

		$�000		$�000
Annual Appropriation Bill No 1 � Basic Appropriation	29,461		28,435

 

21. ASSETS HELD IN TRUST

The Museum has established a number of Trust accounts which are detailed below. Donations and bequests are received for specified purposes under formal trust arrangements. Moneys received are placed in a special bank account and expended on the specified projects in accordance with the terms of the trusts. These moneys are not available for other purposes of the Museum and are not recognised in the financial statements.

a) USA Bicentennial Gift Fund

In December 1987 a gift of US$5 million was received to develop and maintain the USA Gallery at the Museum. Upon completion of the fitout the assets were transferred to the Museum. The financial position of the Fund is as follows:

2002 2001
 

Opening balance at 1 July 3,709 3,854	3,828,807	3,857,180 x
Receipts: Interest	78,349	191,322
Tax Credits	35,221	-
Exhibitions	7,664	34,792
	3,950,041	4,083,294
Less payments:
Acquisitions	14,356	32,409
Other expenses	109,712	211,159
Increase/(decrease) in value of Managed Fund	(417,523)	(10,919)
Closing balance at 30 June	3,408,450	3,828,807
Represented by:
Managed Funds	3,389,708	3,790,895
Interest Receivable	25,164	16,829
Tax credits receivable	14,862	-
Liability to Museum	(21,284)	21,083
	3,408,450	3,828,807

The USA Gallery funds are deposited into a long-term investment with Merrill Lynch Mercury Wholesale Balanced Fund. Ongoing operational expenses are financed from interest payable from this Fund.

b) NZ Bicentennial Gift Fund

A fund was created to research and develop educational material and undertake maintenance relating to the yacht Akarana. The financial position of the Fund is as follows:
 

Opening balance at 1 July 27 26	43,682	41,358
Receipts: Interest	2,095	2,324
Closing balance at 30 June	45,777	43,682
Represented by
Bank deposit	45,777	43,647
Interest receivable	-	35
	45,777	43,682

c) Patrons Fund

This fund was created by the Council as part of the Museum�s Sponsorship Policy and in June 2001, the balance of the funds were transferred to the Australian National Maritime Foundation. The financial position of the Fund is as follows:
 

Opening balance at 1 July 330 336	-	365,401
Receipts: Interest received	-	20,219
Transfer to Australian National Maritime Foundation	-	(385,620)
Closing balance at 30 June	-	-
Represented by:
Bank deposit	-	-
Interest Receivable	-	-
	-	-

 

d) Louis Vuitton Fund

In November 1988 Louis Vuitton Pty Ltd donated $30,000 to set up the Louis Vuitton Collection for the acquisition of material relating to the early French exploration voyages to the Pacific, as well as later maritime association between France and Australia. The financial position of the Fund is as follows:
 

Opening balance at 1 July	12,107	11,444
Receipts: Interest	581	664
	12,688	12,107
Represented by:
Bank deposit	12,688	12,097
Interest Receivable	-	10
	12,688	12,107

 

22. REPORTING OF OUTCOMES

Outcomes of the Museum

The Museum is structured to meet one outcome, being increased knowledge, appreciation and enjoyment of Australia�s relationship with its waterways and the sea.

Only one Output Group is identified for the Outcome.
 

	Actual	Budget
	$000	$000
Net cost of entity outputs	17,824	20,248
Net Cost to Budget Outcome	17,824	20,248