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36 | ICC ANNUAL REPORT 2008/09 ICC ANNUAL REPORT 2008/09 | 37 providing excellent service to members & stakeholders 38 | ICC ANNUAL REPORT 2008/09 ICC OfJce Structure PROMOTING AND PROTECTING THE GAME AND ITS UNIQUE SPIRIT 1 The ICC head of5ce in Dubai t1. icc 1.*- 8/D,., <>998;=.- +y ;.0287*5 8/D,.< *,;8<< =1. w8;5-, 89.;*=.< =8 <.;?.
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m.6+.;<129 +*<.. In April 2009, after almost four years of operating in Dubai 9s Media City, the hub for global media organisations in the Middle East, the ICC moved to its very own home in Dubai Sports City 3 a 38,000 square foot building located adjacent to the Dubai Sports City Academy campus and a kilometre away from the Dubai Sports City Cricket Stadium. This new home provides a strong geographic base at the heart of the cricketing world from which the needs of the game and the ICC Members will be served.
1 ICC ANNUAL REPORT 2008/09 | 39 Members Services a< * m.6+.;< 9 8;0*72<*=287 =1. 2698;=*7,. 8/ -.52?.;270 .A,.55.7= <.;?2,.
=8 =1. 104 m.6+.;< *;8>7- ... more.
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=1. w8;5- 2< *= =1.<br><br> /8;./;87= 8/ .?.;y <=*// 6.6+.; 9< 627- 27 =1. icc 1.*- 8/D,. 27 d>+*2 *7- =1.<br><br> ;.0287*5 8/D,.< *;8>7- =1. w8;5-. The ICC 9s operations are underpinned by values which include Fairness and Equity and Respect for our Diversity.<br><br> It should come as no surprise, therefore, that one of the top priorities is identifying and implementing strategies and initiatives that will make Members stronger and enhance the competitive balance between Members. As well as the Gatorade High Performance Programme which supports the leading Associate Members and the ICC Global Cricket Academy, which will begin servicing Members 9 performance needs later this year, the ICC is rolling out resources to enhance the support structures of Members. This includes the Cricket Administrator Programme (CAP) which now has modules being delivered in Finance, Running a Club or Competition, and Managing Effective Meetings.<br><br> Anyone interested in presenting or assessing either the CAP modules or coach education can also participate 1 The ICC is committed to providing opportunities for Pakistan to play 2 The ICC has worked closely in the past year with Zimbabwe in the Presenter and Assessor Training courses that ICC has developed. Also of particular note this year has been the work of the ICC Task Team on Zimbabwe that was appointed to undertake a comprehensive review of the cricket structures in the country and work with Zimbabwe Cricket to identify constructive strategies for improvement. This team was headed up by the ICC Director from the West Indies, Dr Julian Hunte, and comprised the former Sri Lanka captain Arjuna Ranatunga and ICC Chief Executive Haroon Lorgat.<br><br> Its 35 recommendations were fully endorsed by the ICC Executive Board in April. On a similar theme the ICC has been paying close attention to the impact of the Lahore terrorist attack on cricket in Pakistan from performance, development and commercial perspectives. With the Pakistan Cricket Board hosting its 8home 9 international matches overseas, ICC has afJrmed its commitment to supporting Pakistan at this challenging time.<br><br> 1 2 40 | ICC ANNUAL REPORT 2008/09 Development Programme t1. icc d.?.5896.7= p;80;*66. 1*< .A9.;2.7,.- *7 >79;.,.-.7=.- 9.;28- 8/ 98<2=2?.<br><br> ,1*70. 8?.; =1. 9*<= 12 687=1<.<br><br> Headlining this change has been the signiJcant growth in Jnancial support provided to the ICC 9s 94 Associate and AfJliate Members. From the beginning of 2009, two to three fold increases in funding have been received by Members through the ICC 9s new Developing Cricket World Funding Policy. In line with the ICC 9s strategic goals of growing cricket sustainably around the world and continually making our sport stronger, this policy and therefore the provision of funds, is largely based on performance criteria that aim to provide more reward to Members that are doing well both on and off the Jeld.<br><br> Members are required to submit detailed plans, budgets and reports to receive allocated funds which will ensure improvements in Member governance and administration are also made. The ICC 9s new Member Support and Compliance team will oversee these requirements. Again with the aim of making our sport and our Members stronger, the ICC Associate and AfJliate Membership Criteria have recently been strengthened.<br><br> Bulgaria, Estonia and Turkey became AfJliate Members during 2008, while Guernsey was upgraded from AfJliate to Associate Membership. This means that, since 1998, the ICC has more than doubled in size, growing from 45 Members a decade ago. The ICC 9s Jve Regional Programmes continue to work closely with all Members, with positive progress again being made across Jve focus areas that comprise: governance and administration, women 9s cricket, quantity to quality, junior involvement to junior playing and the raising of non ICC income.<br><br> 1 Children playing cricket in Bhutan 2 Denmark 9s Mickey Lund 3 Uganda 9s players celebrate PROMOTING AND PROTECTING THE GAME AND ITS UNIQUE SPIRIT Since 1998, the ICC has more than dou eled in size, growing "rom 45 Mem eers a decade ago 2 1 2 ICC ANNUAL REPORT 2008/09 | 41 3 42 | ICC ANNUAL REPORT 2008/09 Development Programme (cont) The ICC High Performance Programme continues to go from strength to strength, with the ICC Cricket World Cup QualiJer determining who will be part of the programme for the next four years. The top 10 countries all qualiJed for an annual US$350,000 high performance grant, while an extra US$150,000 annual ODI grant will be made available to Jfth (Afghanistan) and sixth (Scotland), and an extra US$300,000 annual Cricket World Cup and ODI grant made available to the top four teams that qualiJed for the 2011 CWC, including Ireland, Canada, The Netherlands and Kenya. Through global cricket event structures, such as the Pepsi ICC World Cricket League and the ICC Intercontinental Cup, the Development Programme has received unprecedented attention.<br><br> Front page news stories and global television coverage has been focusing on these tournaments, and in particular Afghanistan 9s efforts in attempting to qualify for the ICC Cricket World Cup. Finally, and to round off a year of positive change, Pepsi has recently become the naming rights partner of the Development Programme, which has now become the Pepsi ICC Development Programme. 1 Vanuatu in action at the WCL Division 5 2 Cricket in Botswana 1 2 PROMOTING AND PROTECTING THE GAME AND ITS UNIQUE SPIRIT ICC ANNUAL REPORT 2008/09 | 43 Global Cricket Academy t1.<br><br> icc g58+*5 c;2,4.= a,*-.6y (gca) w255 +. *7 2698;=*7= /8,*5 9827= /8; 27=.;7*=287*5 ,;2,4.=270 .A,.55.7,. *7- .->,*=287.<br><br> Situated in Dubai Sports City, Dubai, its location places it in the centre of the cricket-playing world. It will provide a unique environment for coaching, game education and training in outstanding facilities supported by a highly- experienced team of staff. 1 Mudassar Nazar coaches local children 2 Rod Marsh, 3 Dayle Hadlee passes on some tips It will offer the opportunity to players, coaches, umpires, curators and administrators from across the ICC 9s 104 Member Countries to beneJt from programs and courses.<br><br> In addition: " Local, regional and international teams will gain competitive experience during tournaments on the immaculate grounds " Elite umpires will undertake technological review of decisions to improve performance " Top coaches will beneJt from exceptional support and educational opportunities " Curators will exchange ideas and share expertise " Administrators will be inspired to raise standards throughout the world, and " Local junior and senior cricketers will have the opportunity to participate in GCA programs in order to learn from the game 9s elite. A team of internationally-experienced coaches led by the renowned cricket academy director, Rod Marsh, will deliver a multi-dimensional programme of cricket coaching and education. During the past year, the ICC Global Cricket Academy has appointed two world-class coaches, Mudassar Nazar and Dayle Hadlee, who are both former Test cricketers.<br><br> As well as preparing for their elite coaching roles, the coaching team has in recent months been active in the local community, delivering coaching programmes to schools across Dubai. The ICC Global Cricket Academy is due to be open in late 2009, with much of the past year being spent on constructing the facility to world class standard. An example of the state-of-the-art facilities is the integrated technology suite comprising digital data capture, which, along with video and data analysis providing real-time playback, will bring a new dimension to the review of player and ofJcial performance.<br><br> The facilities will allow the opportunity for future cricket- related research and development projects to beneJt the sport. Turf and indoor pitches will replicate the varying playing surfaces found in cricketing nations around the world. This will provide a unique opportunity for international teams to prepare for matches in a range of conditions.<br><br> Exceptional strength and conditioning, sports science and sports medicine facilities will be available to allow players and specialist team staff to assist in Jtness, injury prevention and rehabilitation programs. The ICC Global Cricket Academy, which is adjacent to the new ICC head ofJce and the Dubai Sports City Cricket Stadium, is complemented by an on-site accommodation block that will help make it the heart of an integrated cricket community. 1 2 3 It will pro1ide a unique en1ironment "or coaching, game education and training 44 | ICC ANNUAL REPORT 2008/09 ICC ANNUAL REPORT 2008/09 | 45 optimising commercial rights & properties for the benefit of members 46 | ICC ANNUAL REPORT 2008/09 1 ICC ANNUAL REPORT 2008/09 | 47 Commercial Programme d.<92=.<br><br> =1. -2//2,>5= .,87862, ,526*=., 2= 1*< +..7 *78=1.; <>,,.<</>5 y.*; /8; =1. icc, 27 =1.<br><br> <.,87- y.*; 8/ 2=< ,866.;,2*5 ,y,5.. Cricket continues to be a strong sport, getting stronger, with more money coming into the game than ever before. The increasing popularity of cricket can be illustrated by the dramatic growth of domestic Twenty20 competitions, such as the Indian Premier League, which will help broaden the fan base of the game in ICC Member countries.<br><br> The ICC works on behalf of its Members to generate revenues to help grow the game across the world. The most important way it does this is through a strategic commercial programme, based around ICC events and other activities throughout the cricketing year. With the postponement of the ICC Champions Trophy, due to security reasons, the two listed events held in the past 12 months were the ICC Women 9s World Cup (see page 18-19) and the ICC Cricket World Cup QualiJer 2009 (see page 20-21).<br><br> Both events were very successful and this was in part due to the commitment of the ICC 9s commercial partners. ESPN STAR Sports, the ICC 9s ofJcial broadcast partner for ICC events, provided coverage of seven live matches at the ICC Women 9s World Cup using a distinguished commentary team that included the likes of Danny Morrison, Wasim Akram and Melanie Jones. The ICC 9s global partners, who are Reliance Mobile, Emirates Airlines, PepsiCo, LG, Reebok and Yahoo, also showed their commitment to these 1 England 9s women celebrate winning the ICC Women 9s World Cup 2009 2 Fans buy merchandise at North Sydney Oval 3 Australia takes on New Zealand during the WWC 09 4 Fly Emirates continued its association with match of5cials 4 2 Cricket continues to ee a strong sport, getting stronger, with more money coming into the game than e1er ee"ore tournaments.<br><br> In addition the commercial department was successful in signing up event partners for major upcoming events including the ICC World Twenty20 2009. Licensing in Motion, as the OfJcial Licensing and Merchandising Partner, launched merchandise for the ICC Women 9s World Cup, while Sports Logistics provided signage for all ICC events. Cricket Logistics, the OfJcial Travel Agent and Tours Provider, organised travel for both players and supporters to the ICC 9s listed events, while Getty Images ensured world-class images were available to media across the world in its role as the OfJcial ICC Photographic Services Provider.<br><br> Looking further ahead to events also in this commercial cycle, the ICC worked with a range of design agencies to ensure new identities for both the ICC 9s listed events and those within the ICC 9s regional development programme, with the biggest project being the design of the ICC Cricket World Cup 2011 logo which will be launched in July 2009. 3 48 | ICC ANNUAL REPORT 2008/09 Commercial Programme (cont) Off the Jeld, one of the major events was the LG ICC Awards, which was staged in Dubai for the Jrst time at the Westin Hotel. The evening was a huge success, attracting global broadcast coverage, with Shivnarine Chanderpaul taking the Player of the Year Award, and Yuvraj Singh taking the inaugural award for the T20 International Performance of the Year.<br><br> Reliance Mobile remained in the news throughout the year with its sponsorship of the ofJcial rankings, which saw women 9s ODI rankings launched to complement the men 9s Test and ODI rankings, helping raise the proJle of the sport ahead of the ICC Women 9s World Cup. Emirates Airline continued its long- standing relationship with the Elite Panel of Umpires and Match Referees. To help raise awareness of the ICC 9s partners, the ICC Ambassador Programme was introduced, which provided sponsors with a resource to promote their relationship with cricket.<br><br> Among the inaugural Ambassadors were Rahul Dravid, Kumar Sangakkara, Lisa Sthalekar and Simon Taufel. Outside of major events, Sportsbrand continued to produce the ICC 9s weekly magazine show on television, ICC Cricket World, which is beamed across the world. New graphics for the show were launched in the past 12 months as part of a revamp of the programme.<br><br> Yahoo, through Sportz Interactive, continued to produce the ICC 9s corporate website, which is currently being redeveloped and will be relaunched in 2009. As well as information on all 104 Member countries, the website will also host a new ICC weekly Podcast, produced in partnership with ESPN STAR Sports, and a web version of ICC Cricket World. The ICC also furthered discussions on developing an ofJcial data partner and an announcement on this is expected in the coming year.<br><br> 1 A cameraman at the ICC Women 9s World Cup 2009 2 Reebok sponsored MS Dhoni as well as partnering with the ICC 2 1 OPTIMISING COMMERCIAL RIGHTS AND PROPERTIES fOR THE bENEfIT Of MEMbERS ICC ANNUAL REPORT 2008/09 | 49 CONSOLIDATED SUMMARISED fINANCIAL STATEMENTS yEAR ENDED 31 DECEMbER 2008 50 | ICC ANNUAL REPORT 2008/09 CONSOLIDATED fINANCIAL STATEMENTS yEAR ENDED 31 DECEMbER 2008 Consolidated statement of inCome 2008 (Restated) 2007 (12 months) (9 months) USD 9000 USD 9000 revenue Members Subscription 12,822 9,217 Commercial & others 4,502 3,443 17,324 12,660 costs Staff and consultant costs 11,977 6,977 Premises costs 425 272 Foreign exchange loss 427 66 Other operating expenses 11,113 8,336 23,942 15,651 n.= 89.;*=270 58<< +./8;. .?.7= ;.5*=.- *,=2?2=2.< (6,618) (2,991) Net (loss) income on event related activities (537) 259,642 Interest & Investment Income 4,129 6,695 (d.D,2=) <>;95>< +./8;. =*A (3,026) 263,346 Income tax refund (expense) 6 (11) (d.D,2=) <>;95>< /8; =1.<br><br> y.*; / 9.;28 d (3,020) 263,335 ICC DEvELOPMENT (INTERNATIONAL) LIMITED AND ITS SUbSIDIARIES aPPRoPRiation foR tHe YeaR / PeRiod 2008 (Restated) 2007 (12 months) (9 months) USD 9000 USD 9000 Payments to Members - 258,308 Allocation to Global Cricket Development Programme - 2,491 Transferred to General Reserve - 1,250 Transferred to Retained Surplus (3,020) 1,286 (3,020) 263,335 Consolidated BalanCe sHeet 2008 (Restated) 2007 USD 9000 USD 9000 assets Non Current Assets 12,070 13,250 Current Assets excluding cash resources 20,867 17,413 Cash resources 104,686 120,043 t8=*5 a<<.=< 137,623 150,706 eQuitY and liabilities Cricket Development Funds 1,962 10,802 Advances received 88,899 76,166 Other Liabilities 24,140 38,315 Non current liabilities 1,266 765 Member 9s Funds 21,356 24,658 t8=*5 eq>2=y *7- l2*+252=2.< 137,623 150,706 ICC ANNUAL REPORT 2008/09 | 51 CONSOLIDATED CASh fLOw STATEMENT yEAR ENDED 31 DECEMbER 2008 2008 (Restated) 2007 (12 months) (9 months) USD 9000 USD 9000 oPeRating aCtivities (DeJcit) surplus beore tax (3,026) 263,346 a-j><=6.7=< /8;:- Depreciation 417 257 Amortisation - 128 Changes in employee 9s end of service beneJts 501 310 Interest & Other Jnancial income 201 228 Income Tax 6 (11) Other changes in working capital (4,893) (196,819) Net cash (used in) generated from operating activities (6,794) 67,439 investing aCtivities Purchase of property & equipment & Capital WIP (5,763) (256) Changes in available-for-sale investment 6,244 (10,167) Net cash generated from (used in) investing activities 481 (10,423) 2008 (Restated) 2007 (12 months) (9 months) USD 9000 USD 9000 finanCing aCtivities Amounts due from Full Members (204) 72,450 Amounts used for Global Cricket Development Programme (8,840) (5,482) Payment to Members - (258,308) Net cash used in Jnancing activities (9,044) (191,340) d.,;.*<. 27 ,*<1 *7- ,*<1 .q>2?*5.7=< (15,357) (134,324) Cash and cash equivalents At the beginning of the year/ period 120,043 254,367 a= =1. .7- 8/ =1.<br><br> y.*;/ 9.;28- 104,686 120,043 ICC DEvELOPMENT (INTERNATIONAL) LIMITED AND ITS SUbSIDIARIES 52 | ICC ANNUAL REPORT 2008/09 CONSOLIDATED STATEMENT Of ChANgES IN MEMbERS fUND yEAR ENDED 31 DECEMbER 2008 notes to finanCial statements accounting policies 1. b*<2< o/ p;.9*;*=287 The consolidated Jnancial statements have been preapred in accordance with International Financial Reporting Standards (IFRS).The consolidated Jnancial statements have been presented in US Dollars, which is the functional currency of the Group. The consolidated Jnancial statements are prepared under the historical cost convention modiJed to include the measurement at fair value of available-for-sale investment.<br><br> 2. c1*70.< 27 *,,8>7=270 9852,2.< The accounting policies are consistent with those used in the previous period. The new and amended IFRS and International Financial Reporting Interpretations Committee (IFRIC) interpretations that became applicable for the year did not have any effect on the Jnancial performance or position of the Group and did not give rise to any signiJcant additional disclosures.<br><br> 3. c87=270.7,2.< Contingent liabilities are not recognised in the Jnancial statements. They are disclosed unless the possibility of an outKow of resources embodying economic beneJts is remote.<br><br> A contingent asset is not recognised in the consolidated Jnancial statements but disclosed when an outKow of economic beneJts is probable. 4. r.<=*=.6.7= ICC ranking fee amounting to USD 500 thousand for the then cricketing year ending on 31 March 2008 was not accrued in the books of the Group for the period ended on 31 December 2007.<br><br> Comparative amounts for the period ended on 31 December have been restated in these Jnancial statements to correct this error. Retained Surplus Reserves Surplus Total USD 9000 USD 9000 USD 9000 USD 9000 b*5*7,. *= 31 m*;,1 2007 - 15,000 7,066 22,066 Net movement in fair value of available for sale investments - 56 - 56 Surplus for the period (restated) 263,335 - - 263,335 Distribution to members (260,799) - - (260,799) Transfer to retained surplus (restated) (2,536) 1,250 1,286 - b*5*7,.<br><br> *= 31 d.,.6+.; 2007 (;.<=*=.-) - 16,306 8,352 24,658 Net movement in fair value of available for sale investments - (282) - (282) DeJcit for the year (3,020) - - (3,020) Transfer to retained surplus 3,020 - (3,020) - b*5*7,. *= 31<= d.,.6+.; 2008 - 16,024 5,332 21,356 ICC DEvELOPMENT (INTERNATIONAL) LIMITED AND ITS SUbSIDIARIES indePendent aUditoRs 9 RePoRt to tHe memBeRs of inteRnational CRiCKet CoUnCil We have audited the consolidated Jnancial statements of ICC Development (International) Limited and its subsidiaries (together the 8Group 9) for the year ended 31 December 2008, from which the summarised Jnancial statements were derived, in accordance with International Standards on Auditing. In our report dated 26 April, 2009, we expressed an unqualiJed opinion on the consolidated Jnancial statements from which the summarised Jnancial statements were derived.<br><br> In our opinion, the accompanying summarised Jnancial statements are consistent, in all material respects, with the consolidated Jnancial statements from which they were derived. For a better understanding of the Group 9s Jnancial position and the results of its operations for the period and of the scope of our audit, the summarised Jnancial statements should be read in conjunction with the consolidated Jnancial statements from which the summarised Jnancial statements were derived and our audit report thereon. 2 June, 2009 e;7<= *7- Y8>70 P.O.<br><br> Box 9267 Dubai, UAE t1. -.=*25.- ,87<852-*=.- D7*7,2*5 <=*=.6.7=< /8; icc d.?.5896.7= (i7=.;7*=287*5) l262=.- *7- 2=< <>+<2-2*;2.< /8; =1. y.*; .7-.- 31 d.,.6+.; 2008 *5870 w2=1 =1.<br><br> a>-2=8;< 9 ;.98;= *7- d2;.,=8;< 9 ;.98;= 2< *?*25*+5. *= www.2,,-,;2,4.=.,86 ICC ANNUAL REPORT 2008/09 | 53 inteRnational CRiCKet CoUnCil Du eai Sports Cit. PO box 500 070 , Du eai, UAE T: + ( 971 ) 4 382 8800 f: + ( 971 ) 4 382 8600 E: enquir.@icc-cricket.com ,,,.icc-cricket.com 54 | ICC ANNUAL REPORT 2008/09<br><br>