ANNUALREPORT

2007

First ViolinsSun YiAssociate Concertmaster

Kirsten WilliamsAssociate Concertmaster

Kirsty HiltonAssistant Concertmaster

Fiona ZieglerIan & Jennifer Burton Chair ofAssistant Concertmaster

Julie BattyGu ChenSophie ColeAmber GuntherRosalind HortonJennifer HoyJennifer JohnsonGeorges LentzNicola LewisAlexandra MitchellMoon Design Chair of Violin

Léone Ziegler

Second ViolinsMarina MarsdenPrincipal

Susan DobbieAssociate Principal

Emma WestAssistant Principal

Pieter BerséeMaria DurekEmma HayesShuti HuangStan KornelBenjamin LiNicole MastersPhilippa PaigeBiyana RozenblitMaja Verunica

ViolasRoger BenedictAndrew Turner and Vivian ChangChair of Principal Viola

Anne Louise ComerfordAssociate Principal

Yvette GoodchildAssistant Principal

Robyn BrookfieldSandro CostantinoJane HazelwoodGraham HenningsMary McVarishJustine MarsdenLeonid VolovelskyFelicity Tsai

CellosCatherine HewgillPrincipal

Nathan WaksPrincipal

Leah LynnAssistant Principal

Kristy ConrauFenella GillTimothy NankervisElizabeth NevilleAdrian WallisDavid Wickham

Double BassesKees BoersmaBrian and Rosemary White Chair ofPrincipal Double Bass

Alex HeneryPrincipal

Neil BrawleyPrincipal Emeritus

David CampbellSteven LarsonRichard LynnDavid Murray

HarpLouise JohnsonMulpha Australia Chairof Principal Harp

FlutesJanet WebbPrincipal

Emma ShollMr Harcourt Gough Chair ofAssociate Principal Flute

Carolyn Harris

PiccoloRosamund PlummerPrincipal

OboesDiana DohertyAndrew Kaldor and Renata KaldorAO Chair of Principal Oboe

Shefali PryorAssociate Principal

Cor AnglaisAlexandre OgueyPrincipal

ClarinetsLawrence DobellPrincipal

Francesco CelataAssociate Principal

Christopher Tingay

Bass ClarinetCraig WernickePrincipal

BassoonsMatthew WilkiePrincipal

Roger BrookeAssociate Principal

Fiona McNamara

ContrabassoonNoriko ShimadaPrincipal

HornsRobert JohnsonPrincipal

Ben JacksPrincipal

Geoff O’ReillyPrincipal 3rd

Lee BracegirdleMarnie Sebire

TrumpetsDaniel MendelowPrincipal

Paul GoodchildAssociate Principal

John FosterAnthony Heinrichs

TrombonesRonald PrussingNSW Department of State andRegional Development Chair of Principal Trombone

Scott KinmontAssociate Principal

Nick ByrneRogen International Chair of Trombone

Bass TromboneChristopher HarrisTrust Foundation Chair of PrincipalBass Trombone

TubaSteve RosséPrincipal

TimpaniRichard MillerPrincipal

Adam JeffreyAssistant Principal Timpani/TuttiPercussion

PercussionRebecca LagosPrincipal

Colin Piper

PianoJosephine AllanPrincipal (contract)

SYDNEY SYMPHONY MUSICIANS as at 31 December 2007

GianluigiGelmettiChief Conductor andArtistic Director

Michael DauthChair of Concertmaster,supported by the Sydney Symphony Boardand Council

Dene OldingChair of Concertmaster,supported by the Sydney Symphony Boardand Council

COVER IMAGESFROM LEFT: FIONA ZIEGLER, GIANLUIGI GELMETTI, FRANKIE LO SURDO AND GEOFF O’REILLY, EMMA SHOLL, CATHERINE, HEWGILL, JENNIFER JOHNSON, ANTHONY HEINRICHS

FROM LEFT: DAVID WICKHAM, GIANLUIGI GELMETTI, JULIE BATTY,ALEX HENERY, GEORGES LENTZ, PAUL GOODCHILD, KRISTY CONRAU,

RONALD PRUSSING AND NICK BYRNE

CONTENTS

2007 The Year in Review PAGE 4

Chairman’s Report PAGE 6

Board of Directors PAGE 7

Managing Director’s Report PAGE 8

Artistic Director’s Statement PAGE 10

Visions and Goals PAGE 12

Review of Sydney Mainstage Performances PAGE 14

Audience Development PAGE 16

Composers, Repertoire and Artists PAGE 18

The Education Program PAGE 20

Touring and Outreach PAGE 22

Philanthropy PAGE 24

Sydney Symphony Donors PAGE 26

Partnerships PAGE 28

Directors’ Chairs PAGE 29

Financial Statements PAGE 31

The Sydney Symphony Council PAGE 60

Sydney Symphony Volunteers PAGE 60

Sydney Symphony Staff PAGE 61

‘this concert marked a new era in the SydneySymphony’s history, and the orchestra rosemagnificently to the occasion…’

SYDNEY MORNING HERALD, 5 NOVEMBER 2007, PETER McCALLUM, RACHMANINOV FESTIVAL CONDUCTED BY ASHKENAZY

3SYDNEY SYMPHONY2007 ANNUAL REPORT

LEFT: THE AUSTRALIAN BROADCASTING COMMISSION’S FIRST STUDIO ORCHESTRA,THE NATIONAL BROADCASTING ORCHESTRA, DRESSED FORMALLY FOR AN EVENINGBROADCAST IN 1930. NEVILLE AMADIO, THE SSO’S PRINCIPAL FLUTE FROM 1934 TO1978 AND A SOLOIST DURING THE ORCHESTRA’S 1965 TOUR.

LEFT: ARTIST JOHN PEART WITH THE SSO: PAINTINGAND PERFORMING MUSIC BY NIGEL BUTTERLEY INTHE CELL BLOCK THEATRE (1967). FORMERPRINCIPAL TUBA CLIFF GOODCHILD (EARLY 1960s).JOHN PEART AND THE SSO. FORMERCONCERTMASTER ERNEST LLEWELLYN (1955).FORMER PRINCIPAL CELLO JOHN PAINTER (1966).

BELOW FROM LEFT: HORN PLAYER CLARENCE MELLOR JOINED THE SSO IN 1948 AND WASPRINCIPAL FROM 1963 UNTIL 1986. FORMER CONCERTMASTER DONALD HAZELWOOD, LADYLLOYD JONES AND MRS ALAN RITCHIS (PRESIDENT) AT THE SSO SUBSCRIBERS’ COMMITTEEPARTY, DECEMBER 1969. FORMER SSO PRINCIPAL VIOLA RONALD CRAGG.PRINCIPAL FLUTE JANET WEBB, WITH FORMER PRINCIPAL OBOE GUY HENDERSON.HM QUEEN ELIZABETH II IN CONVERSATION WITH WILLEM VAN OTTERLOO, CHIEF CONDUCTORFROM 1973 TO 1978. MEMBERS OF THE SSO SUBSCRIBERS’ COMMITTEE AT THE ANNUAL PARTY,DECEMBER 1964. MEMBERS OF THE SSO BRASS SECTION (LATE 1940s OR EARLY 1950s)FORMER PRINCIPAL TRUMPET JOHN ROBERTSON.

HISTORICAL PICTURES COURTESY OF THE ABC, WITH SPECIAL THANKS TO GUY TRANTER OF ABC DOCUMENT ARCHIVES FOR HIS ASSISTANCE.

LEFT: EUGENE ORMANDY AND THE SSO IN THE SYDNEYTOWN HALL (1944). BRASS PLAYERS BACK STAGE WITH SSOINSTRUMENT CASES (1963). CHARLES MACKERRAS AND THESSO AT THE OPENING CONCERT OF THE SYDNEY OPERAHOUSE IN 1973.

LEFT: THE ORIGINAL NSW BROADCASTINGCOMPANY ORCHESTRA FROM 1928. THE AMADIOBROTHERS, LEON (TRUMPET, BACK ROW 4THFROM LEFT), CLIVE (CLARINET, BACK ROW 2NDFROM LEFT) AND 14-YEAR-OLD NEVILLE (FLUTE,BACK ROW 2ND FROM RIGHT) WERE ALLMEMBERS OF THE FLEDGLING ORCHESTRA.

75 YEARS OF INSPIRINGMUSIC

2007 THEYEAR INREVIEW

SYDNEY SUBSCRIPTION SERIES AND STAND-ALONE MAINSTAGEPERFORMANCES

● The Sydney Symphony presented103 concerts to 204,547 patrons in the Sydney Opera House andCity Recital Hall Angel Place

● These performances included 92concerts in nine series groupings towhich subscriptions were sold; sixgala performances; and five repeatperformances of subscriptionprograms, scheduled as a result ofincreased demand

THE EDUCATION PROGRAM COMMERCIAL WORK● 20,469 knowledge seekers attended the Sydney Symphony’s

66 education activities in 2007

● Of these, 13,341 pupils attended the 32 schools concerts,which are held at both the ABC Centre in Ultimo and SydneyOlympic Park, and 3,629 pupils attended one of nine regionalschools concerts in Wagga Wagga, Griffith and Albury

● 2,500 attendees enjoyed 17 performances by the SydneySymphony Fellows

● 573 teachers attended 5 education seminars

● 351 people attended the 2 Sinfonietta performances

● 75 students participated in the Newcastle Playerlink workshop

The Sydney Symphony allocates approximately 14%of available orchestral playing time to earn necessaryadditional income from collaborations withcommercial presenters. This work is undertaken witheither the Sydney Symphony taking the full risk or as a‘band for hire’.

● In 2007 the Sydney Symphony presented 16commercial concerts which attracted 36,078 patrons

● The Sydney Symphony was paid a fee to perform afurther 6 concerts to 11,420 attendees

TOURING AND OUTREACH● The Sydney Symphony performed at 3 free outdoor concerts in

2007 to over 111,500

● The Sydney Symphony toured to Tamworth where it played to apacked hall of 2,980

● The Sydney Symphony Brass Ensemble toured to 5 venues with960 attendees

● Nine performances to over 275 attendees were given under theSydney Symphony and MBF’s music4health program at hospitalsthroughout NSW

● 89 hours of Sydney Symphony recorded concerts were broadcastacross 92 transmissions on ABC Classic FM in 2007 to anestimated total audience of over 9 million

● 8 performances were broadcast internationally to 15 EuropeanBroadcasting Union (EBU) members

● 10 performances were made available for webstream on theBigPond website

● 1 DVD release by ABC Classics of the Sydney Symphony’sDiscovery Program

● 1 CD release by ABC Classics of a 75th Anniversary Box Set

● 2 CD releases on the Sydney Symphony’s own label

● 420,000 CDs distributed with The Sun Herald to homes acrossNSW, south-east Queensland and the ACT

SERIES NUMBER OF NUMBER OF 2007 PERFORMANCES PROGRAMS ATTENDANCE

EnergyAustralia Master Series 27 9 57,686Thursday Afternoon Symphony 98 9 19,951Emirates Metro Series 8 4 17,618Meet the Music 8 4 17,220Kaleidoscope 8 4 16,898Great Classics 7* 7 15,920Tea & Symphony 8* 8 15,317The Veuve Clicquot Series 5 5 11,030Discovery Program 4 4 5,806International Pianists in Recital 4 4 3,398Mozart in the City 4 4 3,156Gala performances 6 3 8,938Additional mainstage performances 2/3* - 11,609

Total 103 65 204,547* – indicates matinee performances

In2007 the SydneySymphony performed210 concerts to morethan 388,000 people

54 SYDNEY SYMPHONY2007 ANNUAL REPORT

MEMEBERS OF THE STRING SECTION OF THE SYDNEY SYMPHONY.DENE OLDING AND FIONA ZIEGLER.

76 SYDNEY SYMPHONY2007 ANNUAL REPORT

CHAIRMAN’SREPORT

I am pleased to present the Annual Report for 2007, the SydneySymphony’s 75th Anniversary Season.

In a busy and challenging year, the Sydney Symphony has producedand presented performances of the highest standard, worked withoutstanding international conductors and attracted broad anddiverse audiences who have celebrated 75 years of music makingwith us.

Highlights of the Sydney Symphony’s 75th Season were threecomposer festivals including a celebration of the major orchestralworks of Johannes Brahms, a cycle of all the symphonies and severalpiano concertos of Beethoven, and a festival devoted to thesymphonies and piano concertos of Rachmaninov. We weredelighted to welcome back Sir Charles Mackerras who was theSydney Symphony’s Chief Conductor from 1982 to 1985. Inaddition to conducting two highly acclaimed programs with theOrchestra, Sir Charles worked with us to revive and present the firstopera written and performed in Australia, Isaac Nathan’s Don Johnof Austria. This was the first time this work had been performedsince its premiere in 1847 and fittingly the production wasorchestrated and conducted by descendants of Isaac Nathan: SirCharles and Alexander Briger.

Our 2008 Season will be the final year of Maestro Gelmetti’s termas the Sydney Symphony’s Chief Conductor and Artistic Director.After five years in this role, Maestro Gelmetti leaves the Orchestrain great shape. In addition to a legacy which includes exploration ofa wide range of symphonic repertoire, he will be remembered for hiscommitment to fostering young Australian talent. Through hisappointment of Liza Lim as our composer-in-residence from 2004to 2006 and his encouragement of young Australian conductors andartists in Australia and overseas, Maestro Gelmetti has played a mostsupportive role.

In March 2007 we announced that Maestro Vladimir Ashkenazyhas accepted the role of Principal Conductor and Artistic Advisorfrom 2009. Maestro Ashkenazy, who is well known to Australianaudiences, has worked regularly with the Orchestra over many yearsas a performer and more recently as a conductor. We look forwardvery much to welcoming him to this key leadership role in 2009.

In 2007 the Sydney Symphony operated for the first time as apublic company following divestment from the ABC in December2006. While this change in ownership has not been without itschallenges, the company managed the transition smoothly. We haveset up a new governance structure and established new workers’compensation, superannuation and insurance arrangements. Theadditional costs resulting from the new insurance andsuperannuation services have created a significant and ongoingfinancial burden. While the company will continue to exploremeans to manage and reduce these costs, we look forward to theopportunity to review the net costs of divestment from the ABCwith the Government in 2008.

The Sydney Symphony received a number of prestigious awards in2007. Rebecca Lagos, our Principal Percussion, received BestPerformance of an Australian Composition at the AustralianMusic Centre Classical Music Awards for her performance withthe Orchestra of When the Clock Strikes Me by Nigel Westlake, acommission for Sydney Symphony. Liza Lim won OrchestralWork of the Year for her Sydney Symphony commissioned FlyingBanner – After Wang To. This work was premiered by theOrchestra, conducted by Maestro Gelmetti. In the LimelightAwards Håkan Hardenberger won Best Solo Performance for forhis performances of Nobody Knows de Trouble I See with both the Sydney Symphony and the Adelaide Symphony Orchestra.Finally, at the 2007 AbaF Awards, which honour partnershipsbetween the arts and corporate sectors, the Sydney Symphonywon the Toyota Community Award for its music4health programsupported by MBF.

The Sydney Symphony recorded strong financial results in 2007,primarily as a result of growth in our commercial events and agenerous one-off donation of $800,000, which together contributedto an operating profit of $1,373,306. The significant donation toestablish the orchestra’s fund to acquire quality string instrumentsfor the musicians, marks the start of an important project aimed atimproving the quality of the orchestra’s sound. As the companyembarks on some significant recording and international touringprojects in 2008 and beyond, it is essential that we have healthy andgrowing reserves to support these activities.

I thank the Commonwealth Government through the AustraliaCouncil for the Arts and the New South Wales Governmentthrough Arts NSW for their ongoing and invaluable support. I alsopay tribute to our generous sponsors, patrons and donors withoutwhose support the Sydney Symphony would not be the world classorchestra of which we are all so proud.

I thank my fellow directors for their support; I thank LibbyChristie, her executive team and all members of the SydneySymphony and compliment them for what has been anotherexcellent year.

Our Patron is Her Excellency Professor Marie Bashir AC CVO,Governor of New South Wales. Professor Bashir has been a SydneySymphony subscriber dating back to her student days, and in aspeech celebrating our 75th birthday said: “Surely we can bequeathno greater legacy of individual joy, nor a more powerful civilizingexperience to succeeding generations than to ensure the ongoingsupport and success of this ennobling cultural pillar of our society.”

John C Conde AO

Chairman

JOHN C CONDE AOCHAIRMAN AND NON-EXECUTIVE DIRECTOR

John Conde is Chairman of EnergyAustralia, one of Australia’s largest utilitycorporations. He is also Chairman of MBFAustralia Limited and Chairman ofWhitehaven Coal Limited. He is Presidentof the Commonwealth RemunerationTribunal and Chairman of the AustralianOlympic Committee (NSW) FundraisingCommittee. Positions previously held byJohn Conde include: Director of BHPBilliton and Excel Coal Limited, ManagingDirector of Broadcast Investment HoldingsPty Limited, Director of LumleyCorporation and President of the NationalHeart Foundation of Australia.

LIBBY CHRISTIEEXECUTIVE DIRECTOR

Libby Christie has been the ManagingDirector of the Sydney Symphony sinceJuly 2003. Prior to joining the SydneySymphony she held senior roles in theIT&T sector. As President for Monster.comAsia Pacific, an online careers network,she was responsible for business inAustralia, New Zealand, Hong Kong,Singapore and India. She has held seniormarketing and business developmentroles at Telstra, Optus Communicationsand Computer Power group.

JOHN CURTISNON-EXECUTIVE DIRECTOR

John Curtis is a professional companydirector. He is currently the Chairman ofMerrill Lynch Australia Advisory Board anda member for the Merrill Lynch GlobalAdvisory Council and Asia Advisory Board.He is also Chairman of Allianz AustraliaLimited, the Bayard Group and isChairman Elect of St George Bank Limited.

For the past 20 years he has beenChairman and Director of a number ofpublic Companies and Government Entitiesincluding Television and Telecasters Limited(Channel 10 network), Homebush BayDevelopment Corporation (the Corporationresponsible for the development of the

Olympic Games site), Air New ZealandLimited and Perpetual Limited.

Prior to 1987, he was a main boarddirector of Wormald International Limitedand was responsible for its operations inAustralia, Europe, Asia and the Americas.During part of that time he was Chairmanof the National Building and ConstructionCouncil, the peak Industry body.

John Curtis is also Chairman of theUniversity of Technology Sydney Facultyof Business Executive Council. He is alsoChairman of the Advisory Committee ofOpen Family in Sydney, which assistshomeless children.

STEPHEN JOHNSNON-EXECUTIVE DIRECTOR

Stephen Johns had a long career withWestfield where he held a number ofpositions including that of Finance Directorfrom 1985 to 2002. He was appointed anexecutive director of Westfield HoldingsLimited and Westfield Trust in 1985, andWestfield America Trust upon its listing in1996. He became a non-executive directorof the three Westfield boards in October2003. Mr Johns is currently a non-executive director of the Westfield Group,which resulted from the merger of the threelisted entities in July 2004.

Stephen Johns was a non-executivedirector of Brambles Industries Limitedand Brambles Industries PLC from August2004 to December 2006, at which time hebecame a non-executive director ofBrambles Limited, the new holdingcompany of the Brambles group followinga corporate reorganisation which becameeffective in December 2006.

Stephen Johns is Chairman of SparkInfrastructure Group, which was listed onthe ASX in December 2005.

ANDREW KALDORNON-EXECUTIVE DIRECTOR

Andrew Kaldor is the founder and ChiefExecutive of a group of privately heldcompanies. He has been a director of anumber of publicly listed companies andcommunity organisations. He holds aBachelor of Economics (Honours) degreefrom the University of Sydney and an MBAfrom Wharton.

Andrew Kaldor has been involved in thecommissioning of four works by Australiancomposers for the Sydney Symphony:Ross Edwards’ Symphony No.2 (EarthSpirit Songs), Oboe Concerto (Bird SpiritDreaming), and Symphony No.5 (ThePromised Land); and Graeme Koehne’sTrumpet Concerto (High Art).

GOETZ RICHTERNON-EXECUTIVE DIRECTOR

Violinist Goetz Richter is currentlyAssociate Professor and Chair of Strings atthe Sydney Conservatorium. He was bornin Hamburg, Germany and came toAustralia as Concertmaster of theQueensland Philharmonic Orchestra in1985. He was appointed AssociateConcertmaster of the Sydney SymphonyOrchestra in 1987 and remained in thatposition until 2002.

Professor Richter recently completed aPhD in philosophy at the University ofSydney and publishes and presentspapers on the philosophy of Plato,Nietzsche, music and philosophy. Hisrecent translation of Eugen Fink’sNietzsches Philosophie was published byContinuum Press (2002).

DAVID SMITHERS AMNON-EXECUTIVE DIRECTOR

David Smithers is a director of theRabobank Australia Group of Companies,the IES Group and Sydney IVF Ltd. He isalso a director of Kirby Foundation and theCountry Education Foundation. In 2003 heretired from PricewaterhouseCoopers after30 years as a partner, during which timehe was a member of the PwC GlobalBoard and Chairman of PwC Australia. Heis a past president of the Institute ofChartered Accountants. He was alsoheavily involved in Sydney’s bid for the2000 Olympic Games as a member of theBoard of the bid company and Chairmanof its Finance Commission.

GABRIELLE TRAINORNON-EXECUTIVE DIRECTOR

Gabrielle Trainor is a lawyer, journalistand former public sector executive whohas consulted in issues management andpublic affairs for over 20 years. She is afounding partner of John Connolly andPartners, a specialist public affairs andcommunications firm.

She has been a non-executive director for15 years and has chaired and heldpositions on the boards of public, private,government and community organisations.She is a director of the Sydney HarbourForeshore Authority, VicUrban, BreastCancer Network Australia, a member ofthe Council of St Ignatius’ College,Riverview and other communityorganisations. She is an HonoraryAssociate in the Graduate School ofGovernment at the University of Sydney.

01 JOHN C CONDE AO (PICTURED OPPOSITE), 02 LIBBY CHRISTIE, 03 JOHN CURTIS, 04 STEPHEN JOHNS, 05 ANDREW KALDOR, 06 GOETZ RICHTER, 07 DAVID SMITHERS AM, 08 GABRIELLE TRAINOR

02 03 04 05 06 07 08

01

BOARD OFDIRECTORS

98

MANAGINGDIRECTOR’SREPORT

2007 was an important year for the Sydney Symphony. In thesame period that the orchestra celebrated its 75th anniversary withmemorable artistic projects, the company operated for the firsttime as a public company, having divested from the ABC on 31 December 2006. The Sydney Symphony also performedstrongly across our key measures of success and announced ourartistic succession plans for 2009 and beyond.

The Sydney Symphony is most grateful for the support andenthusiasm that our audiences and the music communitydemonstrated for the Orchestra’s 75th Season, which was of thehighest artistic quality and offered a rich variety of performances.In 2007 388,000 people enjoyed the Orchestra’s 210 liveperformances in a range of venues including our performancehome, the Concert Hall of the Sydney Opera House, City RecitalHall Angel Place and outdoor venues and concert halls inmetropolitan and regional NSW.

In 2007 we extended our initiatives to reach audiences beyondconcert halls with some important recording projects. During theyear the ABC celebrated our 75th anniversary with the release of aCD box set of historic highlights from the Orchestra’sperformances, the company released one CD publicly (Glazunovand Shostakovich) on its Sydney Symphony label and recorded 12programs for future release. In 2007 we webcast ten concerts inpartnership with BigPond and the ABC to an audience of 50,000and ABC Classic FM continued to broadcast the Orchestra’sperformances regularly. To celebrate the 75th anniversary of theSydney Harbour Bridge, the Sydney Symphony recorded aspecially composed fanfare by Elena Kats-Chernin, which wasenjoyed by the 200,000 people who walked across the SydneyHarbour Bridge on 18 March 2007.

One of the highlights of our 75th anniversary was the SydneySymphony’s regional touring program. We celebrated with aspecial performance in Tamworth, which involved 100 musiciansand two tonnes of instruments. Almost 3,000 people enjoyed anexciting program conducted by Richard Gill. With the generoussupport of our regional touring partners and sponsors theOrchestra raised $60,000 for drought-related charitable programs.

The company extended our community program in 2007. Underour music4health program, which is supported by MBF, we visitednine hospitals in Sydney and regional centres. In addition and withthe support of the City of Sydney, we introduced clients of theCity of Sydney’s Redfern and Inner City Home Support Servicesto a Sydney Symphony performance at the Sydney Opera House.Thanks to support from Arts NSW, we were able to offer

transportation to disadvantaged schools otherwise unable to attendour schools concerts.

Once again, the Sydney Symphony demonstrated a commitment todeveloping emerging talent and new audiences with our celebratedEducation Program. Through our mentoring orchestra (the SydneySinfonia), our Fellowship Program and our young composerprogram (the Sinfonietta Project), the Orchestra has identified andsupported a number of emerging artists working towardsprofessional careers. We were delighted that in 2007 nineappointments were made to Australian orchestras and sixappointments were made to overseas orchestras from the ranks offormer Sydney Symphony Sinfonia and Fellowship musicians. In2007 the Sydney Symphony also engaged and presented a numberof Australian conductors and soloists including Alexander Briger,Lara Dodds-Eden, Jayson Gillham, Penelope Mills and BenNorthey.

In initiatives to further the education of our audiences, the SydneySymphony has provided free program books to all audiencemembers and made program books available for downloadingfrom sydneysymphony.com. Our website also includes podcastsand RSS feeds and we offer interactive sites in support of ourFellowship and Sinfonietta participants.

In 2007 we continued to invest in our people. The companycompleted new Enterprise Bargaining Agreements with both ourmusicians and administrative staff during the year and successfullynegotiated constructive industrial reforms that will support ourongoing aspirations for performance excellence. We also made someexcellent new appointments to the Orchestra and I am pleased toreport that four musicians were successful in the 2007 auditions,three of whom were existing Sydney Symphony musicians. Sun Yi,Kirsty Hilton, Leah Lynn and Euan Harvey were appointed to trialin the respective positions of Associate Concertmaster, AssistantConcertmaster, Assistant Principal Cello and Section Horn. AdamJeffrey was successful at audition and trial and was appointedAssistant Principal Timpani/Tutti Percussion. Meanwhile NicolaLewis, First Violin, was awarded the Sydney Symphony andMichael and Mary Whelan Trust Scholarship for travel to Londonin order to study with David Takeno, who is Head of Strings at theGuildhall School of Music. Bernie Heard from the SydneySymphony’s Education team was awarded a Winston ChurchillMemorial Trust Fellowship, which enabled her to travel and studymusic education programs in the United States and Europe.

In support of career development in arts administration, theSydney Symphony offers a number of administrative placements

across the year for high school students and teachers. In 2007 weparticipated for the first time in an Arts NSW program –ConnectEd Arts – and offered a work experience placement to aregional music teacher from Kandos High school.

Behind the scenes, the Sydney Symphony has been workingclosely with the Sydney Opera House to scope, design and planfor the acoustic improvement of the Sydney Opera HouseConcert Hall. This project is a major priority for the SydneySymphony as the acoustic conditions in our performance home,the Concert Hall, are an ongoing issue for both musicians andaudience members alike. We also introduced a new orchestralplanning system, OPAS, a real-time software application thatprovides a more efficient and effective end-to-end planning andproduction environment for our artistic and production staff.

The Sydney Symphony’s commitment to performance andoperational excellence resulted in pleasing operating revenueresults and effective management of costs in 2007. In addition toincome earned from box office and other commercial activities,the Sydney Symphony was again supported by generous fundingfrom the Federal Government, the NSW Government and agrowing number of invaluable corporate partnerships andgenerous donations. With less than 38 per cent of our incomenow sourced from State and Federal governments, the Orchestrarelies critically on income from our box office, our commercialevents, corporate partnerships and individual patronage. For theyear ending 31 December 2007 the company achieved totaloperating revenues of $32,205,547 and an operating result of$1,373,306 which includes a generous one-off donation of$800,000 in support of our instrument acquisition fund.Excluding this donation, the Company achieved an operatingresult of $573,306. This result includes additional costs relating

to divestment from the ABC totalled $402,406 in 2007 andthese costs are expected to rise to over $600,000 in 2008. Theunforeseen costs of divestment continue to be of significantconcern as the Company plans significant and costly touring andartistic projects over the next four years.

I would like to thank all our sponsors and business partners fortheir support, which is so important in sustaining the artisticachievements of the Sydney Symphony. In particular Icongratulate our Principal Partner, Emirates, who have supportedus now for five years and who in 2007 announced the extensionof this key partnership to 2010. I would also like to thank ourgenerous individual patrons and supporters who play such animportant role in the continuing development of the Orchestra,our musicians and the art form in Australia. We also benefit eachyear from the invaluable support of our hardworking team ofcommitted volunteers and our Council.

Our performances would not be possible without the collective andimpressive talent and creative endeavour of all our people – ourmusicians and administrative team alike. I thank them all for theiroutstanding contribution to the Orchestra’s successful 75th Seasonand for their dedication to the ongoing success of the SydneySymphony. And on behalf of all members of the Company, Iwould like to pay tribute to our Chairman, Mr John Conde, andour Board of Directors for their tireless support and wise counsel.

Libby ChristieManaging Director

SYDNEY SYMPHONY2007 ANNUAL REPORT

SHUTI HUANG, VLADIMIR ASHKENAZY, RICHARD GILL OAM,SIR CHARLES MACKERRAS

LIBBY CHRISTIE

‘our 75-year-old Sydney Symphony was radiant allevening, playing with rounded fine balance in soft orloud passages...’ SYDNEY MORNING HERALD, PETER McCALLUM, 7 JULY 2007

1110 SYDNEY SYMPHONY2007 ANNUAL REPORT

ARTISTICDIRECTOR’SSTATEMENT

The 75th anniversary of any institution is a major landmark.For an orchestra it is cause for great celebration, and I amhonoured to have been the Sydney Symphony’s ChiefConductor and Artistic Director during its 75th birthday. All ofus who have a role in this orchestra can have cause to be proudof its great successes and its distinguished history. In an agewhen many orchestras in the world struggle to achieve theirartistic goals, or even to prevail, the future shines very brightlyfor the Sydney Symphony.

Our season was punctuated by three great festivals – anopportunity for the orchestra and the public to explore in depththe music of three noble composers: Brahms, Beethoven andRachmaninov. Such an opportunity is rare indeed – an intensivechallenge for player and listener alike, but also an invaluableexperience, which enriches both. The public respondedenthusiastically to all three events. Our Rossini gala in May wasa personal highlight for me – a program which displayed all theversatility and humanity of one of my favourite composers. Itwas a delight to round off the season in style with an all-Tchaikovsky concert.

2007 saw collaborations with many distinguished artists. SirCharles Mackerras, who has had perhaps the longest personalassociation with the orchestra, returned to conduct twoprograms in October. Simone Young joined us in August forperformances of the visionary Turangalîla-symphonie. YannickNézet-Séguin and Tugan Sokhiev, who first visited us in 2005,came again to universal acclaim. These are but four names offirebrand reputation to have performed with the SydneySymphony during the 2007 season – there were many more.

The list of season highlights goes on. Of equal importance is thework this orchestra has undertaken, day to day for 75 years, inthe community, in education, outreach and mentoring. Theseactivities help to ensure a flourishing future for our artform inAustralia – a future which the Sydney Symphony will continueto foster and serve.

On behalf of the orchestra, players and administration, I wouldlike to thank our friends and supporters for their continuedenthusiasm and love of music. Here’s to another 75 years of thewonderful Sydney Symphony!

Gianluigi GelmettiChief Conductor and Artistic Director

‘Gelmetti was fully alert to the many subtlechanges of pace and direction and hisnuanced, expressive inflections infused themusic with interest and character.’

THE AUSTRALIAN, 10 DECEMBER 2007, MURRAY BLACK, SCHUBERT’S GREAT SYMPHONY

VISIONSANDGOALS

VISION

To ignite and deepen people’s love of livesymphonic music in Sydney and beyond.PURPOSE

To move the heart and soul throughconsistently great performances.

1312 SYDNEY SYMPHONY2007 ANNUAL REPORT

1.SECUREARTISTICLEADERSHIP

To maintain a strongbase of artisticleadership andinspire bothmusicians andaudiences throughmagnificentperformance.

2.RECOMMENCEA REGULARINTERNATIONALTOURINGPROGRAM

To establish theOrchestra’sinternationalreputation byembarking onoverseas tours withinternationallyrecognisedconductors andsoloists to perform atprestigiousinternational musicfestivals and in theworld’s leadingconcert halls.

3.PROMOTE THESYDNEYSYMPHONYTHROUGHRECORDINGS

To develop theSydney Symphony’sown record label andrelationships withestablished overseasrecord labels todeepen ourconnection withexisting audiencesand to reach newaudiences andmarkets whilstcreating an enduringlegacy of theOrchestra’s work.

4.DEVELOP ANDEXTEND THEEDUCATIONPROGRAM WITHTHE USE OFNEW MEDIA

To extend ourcommitment todevelop themusicians of thefuture and tofacilitate access tothe SydneySymphony’s world-class educationprogram using newmedia.

5.INVESTMENT INQUALITYSTRINGINSTRUMENTS

To ensure ourmusicians performon high qualityinstruments toimprove the qualityof sound producedby the Orchestra.

6.IMPROVESYDNEY OPERAHOUSECONCERT HALLACOUSTICS

To work with theSydney OperaHouse to ensurelastingimprovements aremade to theacoustics of theConcert Hall toimprove theexperience ofperformers andaudiences alike.

STRATEGIC PROJECTS & OBJECTIVES

SECURE ARTISTICLEADERSHIP

RECOMMENCE ANINTERNATIONALTOURING PROGRAM

PROMOTE THE SYDNEYSYMPHONY THROUGHRECORDINGS

DEVELOP AND EXTENDTHE EDUCATIONPROGRAM WITH THEUSE OF NEW MEDIA

INVESTMENT INQUALITY STRINGINSTRUMENTS

IMPROVE SYDNEYOPERA HOUSECONCERT HALLACOUSTICS

● Appointment of Maestro Vladimir Ashkenazyas Principal Conductor and Artistic Advisor2009–2011

● Formation of Artistic Liaison Committeebetween musicians and Board

● Leadership training and communicationimprovement sessions held with orchestra

● Agreement of an orchestra performancefeedback system

● Scheduled 2008 Italian Tour

● Reserves planning for further European andAsian tours in the period 2009–2011

● Released 2 Sydney Symphony label recordings

● ABC release of Sydney Symphony 75thAnniversary Box Set and Discovery DVD

● Ten performances available for webstream onBigPond website

● 92 broadcasts of Sydney Symphonyrecordings on ABC Classic FM

● 8 performances broadcast across 15 EBUmember countries

● Expanded training program for both Sinfoniaand Fellowship

● Introduction of a blog maintained by theSydney Symphony Fellows

● Free teacher seminars held on compositionas part of the Sinfonietta week

● Inclusion of music undergraduates inPlayerlink

● One loan made to a musician to purchase afine cello

● Launch of the instrument fund andacceptance of a $800,000 inaugural donation

● Sydney Symphony requirements finalised forinitial purchase of string instruments

● Implementation of drapes for interim soundimprovement

● Key meetings held with Larry Kirkegaard (USAcoustic Specialist appointed by SydneyOpera House Trust to create concept designfor the Concert Hall)

● Create a resounding artistic success forMaestro Gianluigi Gelmetti’s final season

● Develop future artistic projects with thenew Principal Conductor and prepare asuccessful first season

● Work with Government to position theSydney Symphony as an Australiancultural ambassador

● Obtain government and sponsor support fora 2008–2011 international touring program

● Tour to Italy with the Chief Conductor

● Release 5 Sydney Symphony labelrecordings

● Make ten performances available forwebstream

● Continue broadcast relationship with ABC

● Record 4 new projects for future release

● Integrate visiting conductors and artists inthe program via masterclasses

● Explore additional mainstage opportunitiesfor Sinfonia

● Redevelopment of online media toincrease access and functionality

● Hold a residency for the Fellowship students

● Appoint a dealer to source requiredinstruments

● Commence purchase and placement ofinstruments within the orchestra

● Continue fundraising efforts to makeadditional purchases possible

● Assist in finalisation of concept design foracoustic improvement

● Support fundraising efforts required toachieve these plans

● Work with the Sydney Opera House tominimise performance disruption resultingfrom work on the hall

STRATEGIC PROJECT KEY OUTCOMES 2007 OBJECTIVES 2008

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REVIEW OFSYDNEYMAINSTAGEPERFORMANCES

THE CONCERT SEASON 2007 was a year of unprecedented activity for the SydneySymphony. Three major composer festival events punctuated ourmainstage concert series. These were supplemented by three galaevents and three major outdoor concerts, in addition to which theOrchestra toured regionally, presented numerous stand-alonecommercial concerts, and collaborated with other eventpresenters. The Orchestra’s major activity – its ongoing pattern ofsubscription concerts – also grew, with the highly successful Tea& Symphony series doubling in size from four to eight concertsfor the first time this season.

MAINSTAGE PERFORMANCESThe season began in earnest with Maestro Gelmetti’s explorationof the major works of Johannes Brahms. The opening gala featuredA German Requiem, performed by the Orchestra for the first timein more than a decade. All four Brahms symphonies were alsoperformed over two weeks, launching our subscription series forthe year. Maestro Gelmetti turned to Beethoven in his secondfestival project in June, in collaboration with piano virtuosoGerhard Oppitz. The Orchestra performed all nine symphonies byBeethoven, plus three piano concertos, in just two weeks, amonumental achievement.

The April announcement of Vladimir Ashkenazy’s forthcomingappointment as Principal Conductor and Artistic Advisor led toeven higher expectations for his three-week Rachmaninov festivalin November – expectations which were not disappointed. Thisintensive period of concerts was rapturously received, uniting as itdid an extensive selection of the best-loved repertoire with the lessfamiliar works of Rachmaninov. This final festival pillar in ourseason can be viewed as one of the great artistic achievements ofthe Orchestra’s season.

In addition to the season-opening performance of A GermanRequiem, the Orchestra presented two gala events. A programcombining the operatic and sacred music of Rossini featured a star

line-up of Italian bel canto soloists, brought to Australia by MaestroGelmetti. This May concert saw the Orchestra perform repertoirethat has become a signature of Maestro Gelmetti’s tenure. InOctober, an important contribution to the musical heritage ofAustralia was made with the revival and performance of the very firstAustralian opera – Isaac Nathan’s Don John of Austria. The musicwas orchestrated by Sir Charles Mackerras and conducted byAlexander Briger, both descendants of Nathan. This project broughttogether a distinguished cast of Australian singers, including CherylBarker, Steve Davislim, Paul Whelan and Grant Doyle. This was theopera’s first performance in Australia since 1847.

The 2007 season saw rising star conductors collaborate with theOrchestra. Tugan Sokhiev and Yannick Nézet-Séguin, who steppedin at short notice in 2005 to widespread acclaim, both returnedfor highly successful, longer tour periods, allowing concert-goersacross numerous series to experience their artistry. Also making areturn visit to the Sydney Symphony, American conductor HughWolff impressed in challenging combinations of repertoire. SimoneYoung returned to Sydney in August to conduct the mammothTurangalîla-symphonie by Olivier Messiaen. Other Australianconductors featured in mainstage performances were: RichardMills, Brett Weymark, Richard Gill, Paul Kildea, and AlexanderBriger. Sir Charles Mackerras, the Orchestra’s Chief Conductorfrom 1982 to 1985, returned to conduct two programs ofrepertoire for which he is an acknowledged world expert. With aconnection to the Sydney Symphony spanning from the 1940s, heevinced an enthusiastic commitment from all performers, andreceived a very warm welcome from the Orchestra’s subscribers.

This anniversary year featured the human voice raised in vocal andchoral music, with the choral forces of Sydney joining theOrchestra for numerous programs: Sydney Philharmonia Choirs,Cantillation and members of the Opera Australia Chorus all tookpart in the 2007 season. Instrumental soloists who joined theOrchestra included Pieter Wispelwey, whose performance of theWalton Cello Concerto made a lasting impression, HåkanHardenberger, performing the Australian premiere of theZimmermann Trumpet Concerto, and pianists Lukás Vondrácek

and Garrick Ohlsson who wowed audiences during theRachmaninov Festival.

The Kaleidoscope series continued, under its new identity, toexplore and expand different markets and to develop theOrchestra’s audiences. Lalo Schifrin and James Morrison (the series’Artistic Director), returned to the Concert Hall with the worldpremiere of Schifrin’s Concerto for Jazz Trumpet and Piano. Jazzlegends Chick Corea and Gary Burton performed the premiere oftheir orchestral project, marking the 30th anniversary of thelandmark album Crystal Silence. Our Antarctic Symphony project,featuring John Bell, was a unique combination of originaldocumentary resources from the Scott Polar Expedition, and wasproduced entirely in-house. And audiences delighted in thepresentation of Charlie Chaplin’s film The Gold Rush with liveaccompaniment, conducted by film music authority Frank Strobel.

The Meet the Music series continued to offer an attractivelystimulating survey of orchestral repertoire to secondary musicstudents and the wider public. Composer and broadcasterAndrew Ford introduced each of the four programs from thestage, setting the scene for each work. The Sydney Symphonywas especially proud to present Yannick Nézet-Séguin at hisdynamic best in this series, conducting the seminal Australianwork Very High Kings by Richard Meale. The Discovery Program,featuring Richard Gill, saw the premieres of three new works byemerging Australian composers. Young Australian pianists LaraDodds-Eden and Jayson Gillham were guests in this series, whichinvariably is given to a packed City Recital Hall.

The International Pianists in Recital series offered four eveningsof pianism at its highest level. Bernd Glemser, Gerhard Oppitz,Cédric Tiberghien and Roger Muraro brought their own uniquestyle to the stage, and these four compelling programs made theseries a highlight of the Sydney chamber music calendar. TheMozart in the City series, under the direction of Dene Olding,offered a more intimate and compact formula of early eveningconcerts. Throughout the year, members of the Orchestraperformed as soloists in numerous mainstage programs, as well asin chamber music ensembles for Mozart in the City.

By any benchmark, the Sydney Symphony’s ongoing individualand collective versatility remains one of its greatest strengths, aswitnessed in its 75th anniversary year.

WORLD AND AUSTRALIANPREMIERES2007 saw several important world and Australian premieres.Special commissions given their world premiere in this seasonincluded:

HOLLEY A Line of StarsCommissioned by Patrons of the Sydney Symphony,including Dr James Smith

SCHIFRIN Concerto for Jazz Trumpet and PianoCommissioned by the Smile Foundation (Australia)

FORD HeadlongCommissioned by Symphony Australia for the SydneySymphony with financial assistance from the AustralianGovernment through the Australia Council, its arts fundingand advisory body

Receiving first Australian performances were Barry Conyngham’sMonuments and Nobody Knows de Trouble I See by Bernd AloisZimmermann.

Three further works received their world premiere as part of the Education Program activities, more details can be found on page 21.

COMMERCIAL WORKThe Orchestra’s commercial activity in 2007 consisted of self-presented concerts appealing to audiences outside the coresubscriber base, and events where the Orchestra performed underthe auspices of other artistic organisations.

Stand-alone events included a hugely successful week with thelegendary Burt Bacharach. The Sydney Symphony also presentedtwo programs of music from the movies: one, of classic filmscores, was presented by Michael Parkinson; the second, later inthe year, was dedicated to the film scores of John Williams. Theseprojects continue to attract audiences who might not otherwisebe found in the Opera House Concert Hall. A series of concertswith the Whitlams attracted a different audience segment again –and another with Play! A Video Game Symphony. This type ofproject increasingly yields commercial dividends and an increasedmarket awareness of the Orchestra and its versatility.

SYDNEY SYMPHONY2007 ANNUAL REPORT

GIANLUIGI GELMETTI, VLADIMIR ASHKENAZY, SIMONE YOUNG, SIR CHARLES MACKERRAS, TUGAN SOKHIEV, YANNICK NEZET-SEGUIN, LALO SCHIFRIN

‘There is something about Ashkenazy's leadershipthat brings out the best in the Sydney Symphony:there is unforced musical concentration, carefulbalance and a sense that everything is gearedtoward creating that sense of flow when movementis unfettered by rational intervention, and gearedonly to the needs of the expressive movement.’

SYDNEY MORNING HERALD, 9 NOVEMBER 2007, PETER McCALLUM, RACHMANINOV PIANO CONCERTO 4

‘The Sydney Symphony has done [Isaac Nathan] proudwith a performance that is amply justified on historicaland heritage grounds… The conductor, Alex Briger (adistant relative of Nathan’s) honours his ancestor in away Nathan couldn’t have imagined.’ SYDNEY MORNING HERALD,

20 OCTOBER 2007, PETER McCALLUM, DON JOHN OF AUSTRIA

‘This concert displayed the best playing from the Sydney Symphonythis year. Both Meale and the Orchestra turn 75 this year and bothhave given Sydney many happy returns.’ SYDNEY MORNING HERALD, PETER McCALLUM, 30 JUNE 2007

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AUDIENCE DEVELOPMENT

MARKET SEGMENTATIONThree customer segmentation models are used to ensure Sydney Symphony programming and marketing initiatives meet the varied needs of diverse audiences.

TASTES AND INTERESTS

A variety of programming was explored in 2007 to cater fordifferent musical tastes and audience interests. Core ‘heartland’classical music concertgoers are provided with more traditionalflagship series such as Masters and Great Classics, while younger,less-experienced audiences are offered the Kaleidoscope series,featuring ‘festival-style’ events that match the Orchestra withanother art form, e.g. jazz, cinema and world music.

PURCHASING PATTERNS

The Sydney Symphony offers different communications tocustomers based on specific behaviours such as recency andfrequency of attendance, level of expenditure and level of classicalmusic knowledge. These communications are designed toencourage concert attendance through targeted, personalisedmessages. These are communicated via direct mail, email, outboundtelemarketing, at the venue and at other customer touch points.

DEMOGRAPHICS

In 2007 the Sydney Symphony undertook a number of initiatives tosupport differing demographics. Most notably three additionalweekend matinees were scheduled, making attendance easier for outerSydney patrons and the experience more accessible for the elderly andfamilies. A family price was also offered for the Tchaikovsky Fantasyperformance and uptake was most encouraging.

The marketing team worked with various cultural institutions topromote international visiting artists and special projects. AllianceFrançais and the Sydney Jewish Museum collaborated with theSydney Symphony in 2007 to increase awareness of CédricTiberghien and Don John of Austria respectively.

The Sydney Symphony also undertakes an extensive regional,recording and webcasting program to reach audiences outsideSydney and these are reviewed on pages 22–23.

The Sydney Symphony continues to be a leader in segmentation-led arts marketing, and shares its knowledge of customerrelationship management with arts organisations nationally.

AUDIENCE EDUCATION

PRE-CONCERT TALKS

The Sydney Symphony is dedicated to enriching the concert-goingexperience and educating its audiences. Since 1983, the Orchestrahas presented free pre-concert talks before subscription concerts. Itwas the first presenter in Australia to do so, thereby setting astandard for concert presenters to the extent that very few classicalconcerts in Sydney or other capital cities are now offered withoutan accompanying pre-concert talk.

The pre-concert talks are held before all subscription performancesand gala events, with the exception of the Discovery and Tea &Symphony series. They are presented by a range of speakers drawnfrom the ranks of the Orchestra’s administrative staff andmusicians as well as the wider community of music experts andprofessional speakers. On occasion a composer, conductor orsoloist will present the pre-concert talk.

FREE PROGRAM BOOKS

Program books are an important and vital way of informing andeducating concert audiences, providing not only the ‘order ofevents’ but authoritative and engaging articles about the music andits context.

In 2007 the Sydney Symphony began offering free program booksat all subscription concerts (souvenir program books continued tobe sold at selected events in collaboration with commercialproducers). In addition, all program books in 2007 were madeavailable for download in the week of the concert, enablingpatrons to read about the music and the performers before arrivingat the concert. In some cases programs are downloaded by patronsnot attending the concert and read when, for example, listening tothe Orchestra’s radio broadcasts.

‘Even though I am a university music graduate,there is always something interesting to read in the program which is novel and enlightening.’

‘Great to put it all in perspective, I don’t know a lot about music and am sometimes scared toattend symphony concerts. This helps meunderstand a lot better.’

SYDNEY SYMPHONY2007 ANNUAL REPORT

‘[Free program books]made the concert muchmore enjoyable and wewere able to discuss themusic more easily withour friends and family.’

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COMPOSERS, REPERTOIREAND ARTISTS FEATURINGIN SELF-PRESENTEDMAINSTAGE CONCERTS

COMPOSERS AND REPERTOIRE

AdamsShort Ride in a Fast MachineThe Chairman Dances: Foxtrot for Orchestra

AlbénizIberia Book 1ArnoldThe Bridge on the River KwaiBacharachAny Day NowAnyone who had a HeartClose to YouFalling out of LoveGo Ask ShakespeareMovie MedleyPlease ExplainRaindropsRecord Medley No.1Record Medley No.2South American GetawayWhere did it go?Who are these People?Who’ll Speak for Love?BachConcerto for oboe and violin, BWV1060

BarberAdagio for StringsAgnus DeiBarryOut of AfricaBeethovenPiano Concerto No.3 in C minor, Op.37

Piano Concerto No.4 in G major, Op.58

Piano Concerto No.5 in E flat major,Op.73 (Emperor)

Piano Sonata in C sharp minor, Op.27 No.2 (Moonlight)

Symphony No.1 in C major, Op.21Symphony No.2 in D major, Op.36Symphony No.3 in E flat major, Op.55, (Eroica)

Symphony No.4 in B flat major, Op.60

Symphony No.5 in C minor, Op.67Symphony No.6 in F major, Op.68, (Pastoral)

Symphony No.7 in A major, Op.92Symphony No.8 in F major, Op.93Symphony No.9 in D minor, Op.125 (Choral)

BergViolin Concerto

BerliozThe Damnation of Faust: Hungarian March

Symphonie fantastiqueBernstein, ElmerMagnificent SevenThe Great Escape – ThemeBernstein, LeonardCandide: OvertureFancy Free: DanzonWest Side Story: Concert Suite No.1BizetL’Arlésienne: Suite No.2Boyd*Ex Deo Lux^BrahmsA German RequiemSerenade No.2 in A major, Op.16Symphony No.1 in C minor, Op.68Symphony No.2 in D major, Op.73Symphony No.3 in F major, Op.90Symphony No.4 in E minor, Op.98BrittenThe Young Person’s Guide to the Orchestra

ChaplinThe Gold RushConyngham*Monuments – Concerto for Piano and Synthesizer

CoplandFanfare for the Common ManCoreaBrasiliaCorea and Burton Duet Performance Crystal SilenceDuendeLa FiestaLove CastleDeane-Johns*The Full-Rigged Ship^Dean*Komarov’s FallDebussyImagesImages Book 2 (for piano)Prélude à L’après-midi d’un fauneClair de luneDelibesLakme: ‘Sous le dome épais’

DvorákRusalka: Song to the MoonSerenade in D minor, Op.44Serenade in E major for string orchestra, Op.22

Symphony No.6 in D major, Op.60Symphony No.7 in D minor, Op.70ElgarSymphony No.1 in A flat major, Op.55

FallaThe Three-Cornered Hat: Suite No.1Ford*HeadlongThe Unquiet GraveFreedman*Best WorkBreathing You InBuy Now Pay LaterCries too HardEase of the Midnight VisitFondness Makes the Heart Grow Absent

GoughHer Floor is my CeilingKeep the Light OnMake Me HardMake the World SafeMelbourneMet My MatchNo AphrodisiacOut the BackThankyouThe Curse Stops HereThe Road is LostYear of the RatYou Sound Like Louis BurdettGinasteraEstancia: Malambo (Final Dance)GlinkaRuslan and Ludmila: OvertureGriegPeer Gynt: Suite No.1Harris*Motet^HaydnSymphony No.2 in C majorSymphony No.6 in F major, (Le Matin)

Symphony No.83 in G minor (La Poule)

Symphony No.104 in D major (London)

HerrmannNorth by Northwest – Theme

Holley*A Line of StarsIbertHommage à MozartJanácekSinfoniettaThe Cunning Little Vixen: SuiteJarreLawrence of Arabia – ThemeKats-Chernin*Displaced DancesLedgerPeelingLutoslawskiConcerto for OrchestraMahlerSymphony No.6 in A minorManciniMoon RiverMeale*Very High KingsMendelssohnSymphony No.4 in A major, Op.90 (Italian)

MessiaenTurangalîla-symphonieVingt regards sur l’enfant Jésus: excerpts

MozartConcert-Rondo in D major for piano and orchestra, K382

Piano Concerto No.9 in E flat major, K271

Piano Concerto No.19 in F major, K459

Piano Concerto No.23 in A major, K488

Symphony No.24 in B flat major, K182

Mass in C minor, K427Nathan*Don John of AustriaPoulencSuite françaiseProkofievPiano Concerto No.3 in C major, Op.26

Violin Concerto No.2 in G minor, Op.63

Romeo and Juliet: Suite No.1Romeo and Juliet: Suite No.2

PucciniLa bohème: ‘Sì, mi chiamano Mimì’

La bohème: ‘Donde lieta’RachmaninovCapriccio on Gypsy Themes, Op.12

Piano Concerto No.1 in F sharp minor, Op.1 (1919 version)

Piano Concerto No.2 in C minor, Op.18

Piano Concerto No.3 in D minor, Op.30

Piano Concerto No.4 in G minor, Op.40 (1941 version)

Rhapsody on a Theme of Paganini, Op.43

Symphonic Dances, Op.45Symphony No.1 in D minor, Op.13

Symphony No.2 in E minor, Op.27

Symphony No.3 in A minor, Op.44

The Isle of the Dead, Op.29The Rock, Op.7Vocalise (orchestral version)RavelJeux d’eauMiroirsRimsky-KorsakovCapriccio espagnol, Op.34RossiniIl Barbiere di Siviglia: ‘Se il mio nome saper voi bramate’

William Tell: Act IV FinaleMose in Egitto: ‘Dal tuo stellato soglio’

Semiramide: ‘Ebben, a te, ferisci’Stabat MaterRózsaQuo Vadis – ThemeSchifrinConcerto for Jazz Trumpet and Piano

Fantasy for Screenplay and Orchestra

TropicosSchubertSymphony in C major, D944 (Great C Major)

ShostakovichCello Concerto No.1 in E flat major, Op.107

SibeliusFinlandia, Op.26Lemminkäinen Suite, Op.22Symphony No.5 in E flat major, Op.82

SilvestriThe Abyss – ThemeSmetanaMá Vlast: Vltava (The Moldau)SteinerGone with the Wind – SuiteStrauss, JohannRadetzky March

Strauss, RichardThus Spake Zarathustra, Op.30Duett-ConcertinoSerenade in E flat major, Op.7

StravinskyCircus PolkaSymphony in COctetSukMeditation on the old Czechchorale ‘Saint Wenceslas’, Op.35aTchaikovsky1812 – OverturePiano Concerto No.1 in B flat minor, Op.23

Nutcracker: Suite No.1 Romeo and Juliet – Fantasy Overture

Serenade for strings, Op.48Sleeping Beauty: SuiteSwan Lake: Suite, Op.20aVaughan Williams49th Parallel: PreludeSymphony No.7 (Sinfonia antartica)

The Lark AscendingVivaldiPiccolo Concerto in C major, RV443

WagnerTannhäuser: Overture and Venusberg Music

Siegfried Idyll WaltonViolin ConcertoCello Concerto WilliamsClose Encounters of the Third Kind: Theme

E.T. The Extra-Terrestrial: ThemeHarry Potter: Harry’s Wonderful World

Harry Potter: Hedwig’s ThemeJurassic Park 2: The Lost WorldOlympic FanfareRaiders of the Lost Ark: Raiders’ March

Schindler’s List: ThemeStar Wars: Duel of the FatesStar Wars: Across the StarsStar Wars: Battle of the HeroesStar Wars: Cantina Band ThemeStar Wars: Flag ParadeStar Wars: Main ThemeStar Wars: Princess Leia’s ThemeStar Wars: The Imperial MarchStar Wars: Throne Room and EndTitlesSuperman: ThemeZappaStrictly GenteelZimmermannNobody Knows de Trouble I See

Various composers arr. RothPlay! – A Video Game Symphony

* Denotes an Australian composer^ Performed within the Education Program

CONDUCTORSVladimir AshkenazyBurt BacharachMartyn BrabbinsAlexander Briger*Brett Dean*Gianluigi GelmettiRichard Gill*Charles HazelwoodPaul Kildea*Hannu LintuCharles Mackerras*Richard Mills*Yannick Nézet-SéguinBen Northey*Arnie RothLalo SchifrinTugan SokhievHubert SoudantJonathan StockhammerFrank StrobelJeffery TateBrett Weymark*Hugh WolffSimone Young*

CHOIRSSydney Philharmonia ChoirsCantillationOpera Australia Chorus Members

SOLOISTSDaniela Barcellona, mezzo-sopranoCheryl Barker, soprano*John Bell, narrator*Roger Benedict, viola*Boris Berezovsky, pianoGary Burton, vibraphoneJosé Carbó, bass*Chick Corea, pianoMichael Dauth, violin*Steve Davislim, tenor*Lawrence Dobell, clarinet*Lara Dodds-Eden, piano*Diana Doherty, oboe*Grant Doyle, baritone*Jayson Gillham, piano*Bernd Glemser, pianoVittorio Grigolo, tenorViviane Hagner, violinAmbre Hammond, piano*Håkan Hardenberger, trumpetJennifer Hoy, violin*Deborah Humble, mezzo-soprano*Juan Jackson, tenor*Yvonne Kenny, soprano*Michael Kieran Harvey, piano*Louis Lortie, pianoScott MacAllister, tenorEmma Matthews, soprano*Stephanie McCallum, piano*Cynthia Millar, ondes martenotPenelope Mills, soprano*James Morrison, jazz trumpet*Roger Muraro, pianoGarrick Ohlsson, pianoGerhard Oppitz, pianoCristina Ortiz, pianoMyrtò Papatanasiu, sopranoMarlis Petersen, sopranoRosamund Plummer, piccoloSally-Anne Russell, mezzo-soprano*Roberto Scandiuzzi, bassKazune Shimizu, pianoTiffany Speight, soprano*Anna Rita Taliento, sopranoCedric Tiberghien, pianoMonica Trapaga, jazz singer / entertainer*

Lukás Vondrácek, pianoMarkus Werba, baritonePaul Whelan, bassMatthew Wilkie, bassoon*Jing Zhao, celloFrank Peter Zimmermann, violin

* Denotes an Australian artist

SYDNEY SYMPHONY2007 ANNUAL REPORT

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THE EDUCATIONPROGRAM

‘An art can only be learned in the workshop of thosewho are winning their bread by it.’ SAMUEL BUTLER (1835–1903)

The Education Program actively showcases new works and particularly those by Australian composers.In 2007 the following world premieres, commissioned by Father Arthur Bridge, Ars Musica Australis, were performed:Sebastian Harris – Motet (Discovery)Benedict Deane-Johns – The Full Rigged Ship (Discovery)Anne Boyd – Ex Deo Lux (Fellowship)The music of Australian composer Brett Dean was also explored in all schools concerts.

WORLD PREMIERES

The Sydney Symphony, through its Education Program led byacclaimed educator and musician Richard Gill, works withAustralia’s leading musicians and music teachers to create thenation’s most innovative education programs.

The Education Program’s goal is to educate, inspire andencourage people of all ages in the enjoyment and playing ofmusic and it achieves this through three objectives: to developpreparation and performance techniques of future professionalorchestral musicians; to enhance the musical understanding andappreciation of all people in NSW and in particular youngpeople; to develop and support Australian composers.

DEVELOP PREPARATION ANDPERFORMANCE TECHNIQUES OFFUTURE PROFESSIONALORCHESTRAL MUSICIANSSYDNEY SINFONIAThe Sydney Sinfonia training and mentoring orchestra givesoutstanding tertiary students and recent graduates invaluableexperience working alongside professional musicians as part of aperforming orchestra. Many former members have achievedpositions in professional orchestras around the world: 15appointments were made in 2007. In the Sydney Symphonyalone, nine full time positions and 118 casual positions have beenawarded to previous Sydney Sinfonia musicians since theensemble’s inception in 1996.

In 2007 the Sydney Sinfonia – comprising 40 young emergingartists and 15 Sydney Symphony mentors – performed 51concerts to people of all ages in metropolitan, outer metropolitanand regional areas.

‘Sinfonia was such a valuable experience for me. It gave meinsight into how a professional orchestra works and helpedme to decide that it was definitely what I wanted to do.’ IRIT SILVER – CLARINET (SINFONIA 2004, FELLOWSHIP 2006, APPOINTED TOTHE QUEENSLAND ORCHESTRA AS PRINCIPAL CLARINET, 2007)

THE FELLOWSHIP PROGRAMFrom its inception in 2001 the Sydney Symphony FellowshipProgram has grown into the leading training program of its kindin Australasia and is rapidly gaining international recognition. Afellowship with the Sydney Symphony provides access to thenation’s best orchestral mentors, established conductors,masterclasses with the finest international artists and the benefit ofa thorough approach to the final stages of training for musiciansof the future.

As opportunities in the profession become more competitive andless predictable, Sydney Symphony Fellows are encouraged toshow adaptability, initiative and resourcefulness as well as beingable to perform the widest possible repertoire at the highestpossible level.

The number of chamber concerts presented by the Fellows hasbeen increasing year by year as word spreads. In 2007 the Fellowspresented 17 concerts, some as far away as Berry and Tumut to an

estimated total audience of 2,500. In addition to activities withthe Sydney Symphony and masterclasses with visiting artistsViviane Hagner, Julian Rachlin, Pieter Wispelwey and theJerusalem Quartet, the 2007 Fellows also found time to engagewith the wider music community through maintaining a popularblog on the Sydney Symphony website.

Through the generous support of Sydney Symphony patrons eachFellow received a stipend of $12,000 in 2007.

ENHANCE THE MUSICALUNDERSTANDING AND APPRECIATIONOF ALL PEOPLE IN NSWSCHOOLS CONCERTSThe Sydney Symphony has designed school performances tomatch the development of knowledge and skills at infants,primary and secondary school levels.

‘I just wanted to let you know how well I thought yesterday’sconcert went. It was great to see my students so spellbound bythe various performances.’ JERRY SCELZI, ST ALOYSIUS’ COLLEGE

Presented by a range of experienced conductors and musiceducators, and featuring the Sydney Sinfonia, these performancesprovide interactive experiences and encourage each member of theaudience to engage with the music. Students are given theopportunity to dance, play musical instruments and even conductthe orchestra while learning about the four families of orchestralinstruments. Individual instruments and their repertoire are alsoexplored at a level appropriate to each audience.

Professional development teacher seminars are run by the SydneySymphony for all participating schools. Teachers receive kitswritten by leading educators featuring information on composersand their music, dynamic teaching activities and customized CDrecordings of the music played at the concerts.

In 2007, and thanks to financial assistance from Arts NSW,disadvantaged schools were offered assistance with transport coststo enable them to attend Sydney Symphony Schools Concerts.

MEET THE MUSICMeet the Music continues to provide an unrivalled mainstageexperience with the full Sydney Symphony, internationalconductors, world premieres and exciting soloists. The seriespresents stimulating programs of the highest calibre whilefulfilling the guidelines of the 2007 NSW secondary school musiceducation syllabuses.

‘On behalf of the teachers and students at Fort St. I want to congratulate the Education Arm of the SSO on the twoexcellent opening programs of the MTM series this year. To have one of Brett’s pieces performed is pretty importantanyway but to have him there is truly great. Our kids just love these gigs.’ JOHN OCKWELL, MUSIC HEAD TEACHER, FORT STREET HIGH SCHOOL

DISCOVERY PROGRAMThe Discovery Program is led by Richard Gill and provides alively, entertaining and informative blend of concert andillustrated lecture for a mature audience of subscribers and singleticket buyers. Four programs are presented throughout the year– each focuses on a different composer featured in an upcomingmainstage performance while also introducing a piece ofcontemporary Australian music.

The programs are presented at City Recital Hall Angel Place andin 2007 an additional performance was presented at Blacktownto a capacity audience.

SYDNEY SINFONIA REGIONAL TOURIn 2007 the Sydney Sinfonia, working in collaboration withNSW regional conservatoria, performed nine schools concerts inWagga Wagga, Griffith and Albury. Three concerts werepresented in each centre for Kindergarten to Year 2, Years 3–6and Secondary levels respectively. During the tour, members ofthe Sydney Symphony also provided masterclasses to localstudents and teachers.

PLAYERLINK WORKSHOPSDistance and travel costs prevent many teachers and studentsfrom accessing the widest range of performance and learningexperiences available. To help, the Sydney Symphony’s Playerlinkworkshops go on the road each year.

Through Playerlink workshops, aspiring musicians from Years5–12 have the opportunity to learn from professional SydneySymphony musicians through two days of intensive tutorials andrehearsals which concentrate on instrumental technique andensemble playing.

In 2007 the Playerlink workshop was hosted by the HunterSchool of the Performing Arts in Newcastle and 75 studentsparticipated, including ten local university students awardedscholarships to attend by the Ian Potter Foundation.

DEVELOP AND SUPPORTAUSTRALIAN COMPOSERSSINFONIETTAThe Sydney Symphony Sinfonietta Project aims to develop anew generation of Australian composers. In 2007 this projectwas extended to a national field, incorporating students from asfar away as Western Australia.

The project provides a unique opportunity for high school studentsto have their original compositions workshopped and performedby an 11-member ensemble conducted by Richard Gill.

The program is supported by individual donors and a cutting-edge interactive online site where students are able to:

● arrange a sound creation in the Virtual Orchestra and send itto a friend

● listen to live recordings of the ensemble’s instruments

● watch videos of the 2006 Sinfonietta project, includinginterviews with participating students

● download composition resources

The program not only provides an unrivalled opportunity forbudding composers but also enables the 11-member ensemble,hand-picked from the Sydney Sinfonia and Fellowship program,the chance to work intensively on contemporary music withRichard Gill.

In 2007 music teachers were also offered the opportunity to receivetraining in teaching composition as part of the Sydney Symphony’sSinfonietta Project. This was extremely well received as it is an areawhere there is very little professional development available.

‘In the 11.30am session there was a terrific sense ofaccomplishment by outstanding young composers,achievement from proud schools/teachers/parents,enlightenment of music lovers of all ages. I truly admireRichard and can only hope that I can encourage all mystudents to question, delve and explore the music they arecreating. Congratulations! It is a success and it deservesrecognition nationally and internationally.’KERRYN JOYCE, TAIKOZ PERFORMER AND HEAD OF TAIKOZ EDUCATION PROGRAM

PARTICIPANTS OF THE SYDNEY SYMPHONY’S EDUCATIONPROGRAM WITH GUY NOBLE

SYDNEY SYMPHONY2007 ANNUAL REPORT

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TOURINGAND OUTREACH

TAMWORTH CONCERT

On 8 September 2007, 80 musicians and 2 tonnes of instrumentswent on the road to Tamworth, not only to celebrate 75 years ofmusic-making, but to bring important drought relief awarenessand aid. The performance proved a great success and is soundevidence of the huge support and commitment to classical musicand the Sydney Symphony in Australia’s country music capitaland surrounding regions. Most importantly, the event offeredtimely respite for members of rural and regional communitiesfrom all over the Northern NSW, including those affected by therecent equine influenza outbreak, through a $60,000 donation todrought-related charities.

REGIONAL SUMMARY

The following table summarises all regional activity (excluding hospitalvisits listed below) conducted by the Sydney Symphony in 2007.

2007 LOCATION TOUR

26–28 July BowralMilton Brass Ensemble TourThirroul

8 September Tamworth Regional Concert16–19 July Griffith

Wagga Wagga Sinfonia TourAlbury

19 October Newcastle Playerlink15 June Berry16 June Wollongong Fellowship Concerts15 July Tumut

HOSPITAL VISITS

The Sydney Symphony regularly undertakes visits to hospitalsunder its music4health program, supported by MBF, both inSydney and throughout the State. This is an importantcomponent of the regional touring program and generates greatappreciation from both the patients and the medical practitioners.

In 2007 nine visits were made to hospitals including St Vincent’sHospital Sydney, the Children’s Hospital Westmead, LiverpoolHospital, Southern Highlands Private Hospital Bowral, TamworthHospital, Royal Prince Alfred Hospital Camperdown and RoyalNorth Shore Hospital Sydney. An even greater audience was ableto enjoy the music at Westmead as the two performances werebroadcast through all wards.

OUTDOOR CONCERTS

Symphony in the Domain is one of Sydney’s landmark free eventsand the evening ended with the traditional encore – a performanceof Tchaikovsky’s 1812 Overture, complete with canons andfireworks. It is estimated that 85,000 enjoyed the night.

In February the Sydney Symphony played in Parramatta Park andperformed to more than 20,000 people. This concert marked notonly the Orchestra’s 75th anniversary but also the park’s 150th.Also in February the Orchestra played at Sydney Olympic Park aspart of the Music by Moonlight series. This attracted an audienceof 6,500 from the local area.

DISADVANTAGED COMMUNITY CONCERT ACCESS

With the financial support and facilitation of the City of Sydney,Sydney Symphony introduced 70 clients of the Redfern and InnerCity Home Support Service to a Concert Hall performance inDecember 2007.

‘Please extend our thanks and good wishes to everyone involved– our clients really appreciated the extra special experience.’THERESE POULTON, REDFERN AND INNER CITY HOME SUPPORT SERVICE.

STUART CHALLENDER LECTURE

The Sydney Symphony, supported by Arts NSW, holds an annualfree lecture in memory of its late Chief Conductor StuartChallender. For the 75th anniversary lecture Norman Lebrechtdelivered a talk entitled ‘Classical Music – the State of the Art inthe 21st Century’. Lebrecht spoke about the impact oftechnological change and post-9/11 politics on the culturaleconomy and how the arts can plan for recovery, especially inAustralia. The lecture drew a large crowd and the City of Sydneysupported the event being held at Sydney Town Hall.

BROADCASTING – AUSTRALIA

The Sydney Symphony’s collaboration with the ABC continues toyield great benefits to both organisations. Almost all our concertprograms are broadcast nationally on ABC Classic FM and everyhour the Sydney Symphony is heard playing the news fanfare onABC National and Local Radio Services.

BROADCASTING – THE WORLD

In 2007 eight Sydney Symphony performances were requested forbroadcast by 15 EBU members including Bulgaria, the CzechRepublic, Denmark, England, Estonia, Finland, Korea, theNetherlands, New Zealand, Portugal, Romania, Serbia, Spain,Sweden, and the USA.

WEBCASTING

In 2007 our webstreaming activity, a collaboration with TelstraBigPond and ABC Classic FM, continued with ten concerts beingstreamed live and made available for subsequent viewing throughthe BigPond website http://sydneysymphony.bigpondmusic.com/

This activity was an important addition to our outreach bothnationally and internationally – of particular benefit to those lessmobile, and people in regional or remote areas of Australia, who wishto experience an orchestral concert but are unable to attend in person.

RECORDINGS

The Sydney Symphony continues to make use of the state-of-the-art recording facilities at the Sydney Opera House. ThreeCDs were released during the year and numerous concerts andprojects in 2007 were recorded for subsequent CD release on theOrchestra’s in-house label.

The Sydney Symphony released a recording of Glazunov TheSeasons and Shostakovich Symphony No.9 conducted byAlexander Lazarev to glowing reviews: ‘This vivid liveperformance is a snapshot of what the Sydney Symphony can dounder a conductor such as Alexander Lazarev.’ (Peter McCallum,Sydney Morning Herald). A limited edition 5-CD box set of theBeethoven Symphonies conducted by Gianluigi Gelmetti wasreleased to subscribers.

To celebrate the Sydney Symphony’s 75th anniversary ABCClassics released an important 5-CD collection of archivalrecordings celebrating the Orchestra’s recording heritage andincluding performances under Otto Klemperer, EugeneGoossens, John Hopkins, Willem van Otterloo, StuartChallender, Charles Mackerras, Edo de Waart and GianluigiGelmetti.

‘Riches abound in these five well-chosen CDs’ (Sunday Age)

Music recorded for future release on the Sydney Symphony’slabel included:

● Sir Charles Mackerras conducting music by Janácek, Smetana,Dvorák and Richard Strauss

● the Brahms Festival conducted by Gianluigi Gelmetti

● Richard Meale’s seminal work Very High Kings conducted byYannick Nézet-Séguin

● a complete disc of works by leading Australian composer Brett Dean

The Brett Dean disc has been chosen for internationaldistribution by BIS Records of Sweden, a coup for our fledglingindependent recording activity.

In work for other labels, the Sydney Symphony also collaboratedwith Chick Corea, Gary Burton and Jonathan Stockhammer ona recording of orchestral arrangements of Chick’s music,including live improvisation by Chick and Gary. The NewCrystal Silence was released in the United States in February 2008on the Concord label. Isaac Nathan’s opera Don John of Austriawas recorded by ABC Classics and the Rachmaninov Festivalunder principal conductor designate Vladimir Ashkenazy wasrecorded by Octavia Records for future release on those labels.

DVD RELEASE

In 2007 ABC Classics, with support from the Australia Councilfor the Arts, released Discover Classical Music with the SydneySymphony and Richard Gill, a DVD that explores the music ofMozart, Beethoven and Haydn. The concept for the DVD wastaken from the Sydney Symphony’s Discovery Program andRichard Gill, accompanied by the Sydney Sinfonia, uncoveredthe genius of these great composers with his ‘plain-English’dissection of four of their most-loved symphonies. The result isentertaining and informative – a concert and a lecture – and theDVD release enabled Sydney Symphony to reach a far wideraudience with this unique and cherished program.

SUN HERALD CD DISTRIBUTION

In 2007 in partnership with EnergyAustralia, the SydneySymphony distributed 420,000 CDs with The Sun Herald acrossNew South Wales, south-east Queensland and the AustralianCapital Territory. The CD contained highlights of music that willbe played by the Sydney Symphony in its 2008 season.

SYMPHONY AUSTRALIA ACTIVITIES

The Sydney Symphony contributes $140,000 towards the artistdevelopment activities delivered annually by Symphony Australiaon behalf of all Australian orchestras. In 2007 these activitiesincluded conductor development, composer development andcommissions, an artistic administration traineeship and co-ordinating the ABC Symphony Australia Young PerformersAwards.

SYDNEY SYMPHONY2007 ANNUAL REPORT

ALBURY

SYDNEY VENUES: CBD(SYDNEY OPERA HOUSE,

CITY RECITAL HALL ANGELPLACE, ABC ULTIMO

CENTRE), BLACKTOWN,PENRITH, FORESTVILLE,

WAHROONGA, SYDNEYOLYMPIC PARK,

CAMPERDOWN, WESTMEAD

GRIFFITH

GOULBURN WOLLONGONG

NEWCASTLE

TAMWORTH

BOWRAL

BERRY

MILTON

WAGGA WAGGA

TUMUT

2524

PHILANTHROPY

Many of the projects and programs undertaken by the SydneySymphony in achieving artistic goals are only possible thanks tothe generous support of patrons who share our passion and beliefin excellence. The support of these patrons makes a significantimpact, not just for the Orchestra, but for all those whoparticipate in and enjoy the Orchestra’s work. The support ofSydney Symphony patrons makes a huge difference in what weare able to achieve and we are enormously grateful to them forthis commitment.

The Sydney Symphony donor programs are divided into a numberof funds for channelling support to match donors’ wishes:

ALLEGRO FUND

The Allegro Fund gives young people educational opportunitiesand access to orchestral music. Gifts to the fund support oureducation concerts for school children, teaching kits for schoolsand the Discovery Program, in which Richard Gill, ArtisticDirector of our Education Program, deconstructs major orchestralworks in an informative and entertaining manner, giving magicalinsights into the world of classical music.

EMERGING ARTISTS FUND

The Emerging Artists Fund supports a program for aspiringyoung musicians that bridges the gap between student life and thereality of becoming a professional musician. The Program consistsof three main projects: the Sydney Sinfonia (our trainingorchestra), the Fellowship Program (a one-year mentoringprogram for highly gifted musicians) and the Sinfonietta Project(a composition competition and workshop series).

STUART CHALLENDER FUND

Stuart Challender’s legacy lives on in the Stuart Challender Fund,an initiative he himself created to ensure that the Orchestra couldalways engage the very best conductors and soloists from aroundthe world to the benefit of our audiences. The Fund also supportsthe development of young conductors.

ORCHESTRA FUND

The Orchestra Fund supports a broad range of specific projectswith a particular emphasis on the development of orchestralplayers’ skills and experiences. It also provides a channel tosupporting access to Sydney Symphony concerts for groups fromdisadvantaged and marginalised communities who otherwisewould not be able to attend concerts and other performances.

SYMPHONY FUND

The Symphony Fund receives gifts that are aimed at supportingthe long-term development and projects of the Orchestra.Effectively an endowment fund, it is designed to meet the wishesof specific donors. This may range from in perpetuity gifts (whereonly the interest derived from the gift is applied to the Orchestra’soperating income) to significant donations to support particularstrategic initiatives agreed by the Board. It also receives bequestfunds donated to the Sydney Symphony, allowing these to beapplied to the long-term future of the Orchestra, rather thanshort-term projects.

EVENTS

Two major fundraising events were held in 2007. The first wasThe Leaders Club Blue Note Dinner sponsored by The LeadingHotels of the World and event sponsors Pages Event Equipment,Moët-Hennessy and chef Guillaume Brahimi. The second was the75th Anniversary Dinner with guest of honour Sir CharlesMackerras supported by the Shangri-La Hotel and the AustrianNational Tourist Office. Both events raised funds for theOrchestra’s award-winning outreach programs. ROGER BENEDICT, PRINCIPAL VIOLA AND ARTISTIC DIRECTOR OF THE FELLOWSHIP PROGRAM, WITH THE 2007 FELLOWS.

THIS PROGRAM IS MADE POSSIBLE BY THE EMERGING ARTISTS FUNDSYDNEY SYMPHONY

2007 ANNUAL REPORT

‘Surely we can bequeath no greater legacy of individual joy, nor a morepowerful civilizing experience to succeeding generations than to ensure theongoing support and success of this ennobling cultural pillar of our society.’

HER EXCELLENCY PROFESSOR MARIE BASHIR AC CVO, GOVERNOR OF NEW SOUTH WALES IN REFERENCE TO THE SYDNEY SYMPHONY

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SYDNEY SYMPHONY DONORSThe Sydney Symphony gratefully acknowledges the music lovers who give to the Sydney Symphony’s programs each year:

PATRON ANNUALDONATIONS LEVELS Maestri $10,000 and aboveVirtuosi $5000 to $9999Soli $2500 to $4999Tutti $1000 to $2499Supporters $100 to $999

MAESTRIBrian Abel

& the late Ben Gannon AO

Geoff & Vicki Ainsworth Mr Robert O Albert AO

& Mrs Elizabeth AlbertAlan & Christine Bishop Sandra & Neil Burns Mr Ian & Mrs Jennifer BurtonLibby Christie & Peter James The Clitheroe Foundation Mr John C Conde AO

Mr John Curtis Mr Greg Daniel AM

Penny Edwards Mr J O Fairfax AO

Fred P Archer Charitable TrustDr Bruno & Mrs Rhonda GiuffreMr Harcourt Gough Mr David Greatorex AO

& Mrs Deirdre Greatorex Mr Andrew Kaldor

& Mrs Renata Kaldor AO

H Kallinikos Pty Ltd Mr B G O’Conor The Paramor Family The Ian Potter FoundationDr John Roarty in memory ofMrs June RoartyMr Paul & Mrs Sandra SalteriMrs Joyce Sproat

& Mrs Janet Cooke Andrew Turner & Vivian ChangMr Brian & Mrs Rosemary WhiteAnonymous (1)

VIRTUOSIMrs Antoinette Albert Mr Roger Allen

& Mrs Maggie GrayMr Robert & Mrs L Alison Carr Ian Dickson & Reg HollowayMr & Mrs Paul HoultIrwin Imhof in memory

of Herta Imhof Mr Stephen Johns Mr & Mrs Gilles T Kryger Ms Ann Lewis AM

Mr E J Merewether & Mrs T Merewether OAM

Mr & Mrs David MilmanMiss Rosemary Pryor Bruce & Joy Reid FoundationRodney Rosenblum AM

& Sylvia Rosenblum Mrs Helen Selle

David Smithers AM & Family Dr William & Mrs Helen Webb Michael & Mary Whelan Trust Anonymous (1)

SOLIMr Anthony Berg AM

Ms Jan Bowen Mr Chum Darvall Hilmer Family TrustMs Ann Hoban Mr Paul Hotz Mr Rory JeffesMrs Joan MacKenzie Mrs Judith McKernan Miss Margaret N MacLaren Mr David Maloney Mr James & Mrs Elsie Moore Ms Elizabeth ProustMs Gabrielle TrainorMr Geoff Wood

& Ms Melissa WaitesRay Wilson OAM

& the late James Agapitos OAM

Anonymous (4)

TUTTIMr Henri W Aram OAM

Mr Terrey & Mrs Anne Arcus Mr David Barnes Mrs Joan Barnes Mr Stephen J BellMr Alexander

& Mrs Vera Boyarsky Mr David S Brett Mr Maximo Buch Mrs F M Buckle Mrs Lenore Buckle Debby Cramer & Bill Caukill Mr Bob & Mrs Julie Clampett Mr John Cunningham SCM

& Mrs Margaret Cunningham Mrs Ashley Dawson-DamerMr & Mrs J B Fairfax AM

Mr Russell FarrMr & Mrs David FeethamMr Ian Fenwicke

& Prof Neville Wills Mrs Dorit

& Mr William Franken Mr & Mrs J R W Furber Mr Arshak

& Ms Sophie Galstaun In memory of Hetty Gordon Mrs Akiko Gregory Miss Janette Hamilton Mr A & Mrs L Heyko-PorebskiMr Philip Isaacs OAM

Mr & Mrs E Katz Miss Anna-Lisa KlettenbergMr Andrew Korda

& Ms Susan PearsonMr Justin Lam Dr Paul A L Lancaster

& Dr Raema ProwseDr Barry LandaDr Garth Leslie Mrs Belinda Lim & Mr Arti Ortis Mr Gary Linnane

Ms Karen Loblay Mr Bob LongwellMr Andrew & Mrs Amanda LoveMrs Carolyn A Lowry OAM

Mr & Mrs R Maple-Brown Mr Robert

& Mrs Renee Markovic Mrs Alexandra Martin

& the late Mr Lloyd Martin AM

Justice Jane Mathews Mrs Mora Maxwell Wendy McCarthy AO

Mrs Barbara McNulty OBE

Ms Margaret Moore & Dr Paul Hutchins

Mr Robert OrrellTimothy & Eva Pascoe Ms Patricia Payn Mr Adrian

& Mrs Dairneen PiltonMs Robin Potter Mr & Mrs Ernest Rapee Dr K D Reeve AM

Mrs Patricia H Reid Ms Juliana Schaeffer Derek & Patricia Smith Catherine Stephen Mr Fred & Mrs Dorothy Street Mr Georges

& Mrs Marliese Teitler Mr Stephen ThatcherMs Gabrielle TrainorMr Ken Tribe AC

& Mrs Joan Tribe Mr John E Tuckey Mrs Kathleen Tutton Ms Mary Vallentine AO

Henry & Ruth Weinberg Audrey & Michael Wilson Anonymous (9)

SUPPORTERS$500 – $999

Richard Ackland PTW ArchitectsMr C R Adamson Mr Chris & Mrs Mary Barrett Doug & Alison Battersby Mr Phil BennettGabrielle Blackstock Mr G D Bolton Dr & Mrs Hannes Boshoff A I Butchart Mrs B E CaryMr B & Mrs M ColesMrs Catherine Gaskin CornbergMr Stan Costigan AO

Mrs Mary Costigan Mrs M A Coventry Mr Michael Crouch AO

M Danos Lisa & Miro Davis Mrs Patricia DavisMr Steve GillettIn memory of Angelica GreenAnthony Gregg

& Deanne Whittleston Dr & Mrs C GoldschmidtBeth Harpley

Rev H & Mrs M Herbert Mr John R HoggDr & Mrs Michael Hunter Intertravel Lindfield Mrs Greta JamesMr Stephen Jenkins Dr Michael Joel AM

& Mrs Anna Joel Professor Faith M JonesMs Judy JoyeMr Noel Keen Mrs Margaret Keogh Iven & Sylvia Klineberg Mrs Joan Langley Mr & Mrs Pierre LastelleDr & Mrs Leo LeaderMs A Le Marchant Mr & Mrs Ezzelino Leonardi Barbara & Bernard Leser Erna & Gerry Levy AM

Mr & Mrs S C Lloyd Mr James McCarthyMr Ian & Mrs Pam McGaw Mr Matthew McInnes Ms Julie Manfredi-HughesKate & Peter Mason Ms J Millard Mr Andrew NobbsMr Walter B Norris Mr Graham NorthMr Stuart O’BrienMiss C O’Connor Mrs Rachel O’Conor Mr R A OppenMrs Roslyn Packer AO

Mrs Jill Pain Dr Kevin PedemontMr & Mrs Michael PottsMr L T & Mrs L M Priddle Mrs B Raghavan Mr John Reid AO

Catherine Remond Mr John & Mrs Lynn Carol Reid Mr Brian Russell

& Mrs Irina SinglemanMr M D Salamon In memory of H St P Scarlett Mr John Scott Ms Ann Sherry AO

Dr Agnes E SinclairDr John Sivewright

& Ms Kerrie Kemp Dr Heng & Mrs Cilla Tey Mrs Elizabeth F Tocque Mrs Merle Turkington Ronald Walledge Louise Walsh & David JordanMrs Christine WenkartDr Richard Wing Mr Robert Woods Jill WranMrs Lucille Wrath Mrs R Yabsley Anonymous (12)

SUPPORTERS$100 – $499Mrs H AdamsMs Madeleine AdamsElaine AdlerMiss Barbara AllanMr Neville AllenMs Robin E Amm AM

Mr G Andrews & Dr M J VipondProf. Stephen & Mrs Helga AngyalMr Gregory AshtonJohn AugustusMr Warwick BaileyDr S M BardMr Joseph & Ms Racheline BardaMr David BarkerTony BarnettDr B D & Dr J E BattsMr Michael BeckMrs Margaret BellMr Max BenyonMrs M BerryMrs Elizabeth BeveridgeMs Robin BeveridgeMrs Jan BiberMr Kevin BinderMrs Virginia BirdDavid BlackwellMr & Mrs Allan BlanchMrs Marion BlinMs Elizabeth BlumerMr R and Mrs J BoothMr & Mrs N BothwellMs Lucie BoulterMr Ian BradyMrs B I M BrettProfessor Charles Bridges-WebbMs Elaine BriggsDr John A BroadbentMrs E BryantAlexandra BuchnerMs Margaret BulmerPat & Jenny BurnettMr J ButtroseHugh & Hilary CairnsMr Phillip CalvertMrs Anne L CameronMrs & Mr CameronMrs Valmai CameronHon. Justice J.C. & Mrs CampbellMrs Judith CampbellMrs M CarvillMr Brian CaseyMrs Blanche CassenMrs Freda CassenMs C CathelsMs Pamela ChanMs M ChipkinMr F Choy & Mrs J YoungMr & Mrs William K. ClarkDr Rosemary CoffeyDr Malcolm ColleyProf D W & Mrs C CooperMs Donna CorbettDr Jennifer CornishMrs Elizabeth J. CowperMs Perri CuttenMrs Diana DalyMrs Marta DanielMr Louis DartnellMr William & Mrs Jeanette DaviesMr G R DavisJoan De HamelJoan & Dennis DobsonDr A D DonaldMr M & Mrs E DonatiMrs Maureen Duck

Mr Bruce DunbarMs Olive DunkThe Hon Mr Ron Dyer MLC

Jan EastonMr & Mrs Thomas EckerMr & Mrs Eugen EfingerMs Margaret EllermanMr Paul EspieMr R EwingMr Martina EyreMrs Lydia S L FairweatherJoyce FalkJohn FavaloroMrs Jennifer FisherMrs Glenys FitzpatrickPatricia FlemingMrs E M FletcherMs Barbara FoordMrs V M FooteMr S & Mrs C FoxeDr C FraterMr John GardenerV & D GardosMr Michael

& Mrs Judith Gleeson-WhiteMr P S GoldingMs Simone GolikMrs Etla GootMrs Edna GrayMr Warren D GreenMiss Pauline M. Griffin AM

Mr Richard Griffin AM

The Hon (Judge) Peter GroganMiss Ida GuggerMr Hugh HallardMr R L HalloranMs Kathleen HamiltonMrs I HammerMrs Rita HarmanMr R Y HarveyMrs Marlis HaustorferMr James & Mrs Lyndle HawkesMr Ken HawkingsMrs Welwyn HayClare & Kathleen McDonoghMrs June R. HendersonValda HertzbergDr & Mrs Albert J. HerzMr Ian HicksA & J HimmelhochMr John R. HoggMrs Joan M. HooperMr Brian HorsfieldMr Robert & Mrs Dorothy HowellMs Maulyn Hsu-HatcherMr & Mrs Richard HumbleyMrs Betty HumeMrs Elizabeth HumeThe Hon David Hunt AO QC

& Mrs Margaret HuntMs Pamela HuntMr Robert HurcumMr & Mrs P HuthnanceMrs Kari IngmanMrs Valerie JackProf M JacobsMrs Orit JacobsonMr Neville B. JagoWendy & David JagoeMs R JankovskisMr Bruce JarrettMrs Isabelle JosephMrs Dawn KaganMr Gabriel P. KelenyMrs. Kate KhanDr Henry & Mrs Gaye KilhamDuncan & Anna Marie KinnonMrs Ann Kirby

Mrs Ailsa KnoxDr Peter KyleDr Barry LandaMr David LandaElaine M. LangshawMr & Mrs Pierre LastelleMrs M J LawrenceMrs Elisabeth LawrieMs Penny Le CouteurMr B W LeckeyMs Veronica LeeN & S.G Lee-MartinEdith LeesMrs A LehrerMs Ann Lewis AM

Valerie Lhuede AM

Miss Jean LinklaterMr Joseph LipskiMs Nina LoderMrs Noellie LofbergMrs A LohanMr Rowland S LordingMr Hans J LorraineThe Leading Hotels of the WorldMrs N MacCullochMr & Mrs B MachlissMrs Joan V MacKenzieMrs A MacSweenMrs Silvana MantellatoMrs Elizabeth MarkMrs Jennifer MarshallMr K J MartinMrs M J MashfordEileen & Ronald MastersJustice Jane MathewsDr J McCredieMr Tim & Mrs Gillian McDonaldMrs Patricia McNamaraMiss Diane McWilliamMrs Beth M MenziesMrs Helen MerrickMrs M E MerringtonMiss Mary A MilesMr & Mrs D. R. MillerMrs Audrey A Moore OAM

Helen MorganMrs Judith MortonMs Germaine MulhollandMr D & Mrs M MullenMr Colin MurphyMs Christine NewmanR. NicholsonMr Graham NorthMiss Jean E OrrMrs S.D O’TooleMrs Robyn E. PalMrs E K PalmerMr Raymond PatersonMr Ron PattenMs Natalie E PelhamMrs G PerryMr A A PetersonMrs Caroline PhillipsMrs Dagmar PiddMrs Therese PlayoustMr R PollardMrs M J PorterMrs Beverley PottsDr Craig PowellMr Eric W. & Mrs Suzanne PrenticeMr John PrerauMs Elizabeth ProustBeverly & Ian PryerKen & Lois RaeKen RamshawMs Jenny RaperJohn & Leah ReadMalcolm & Barbara Richardson

Ms A B RidleyIn Memory of David RienMr Michael RigbyDr John RoartyMrs S RobertsonMrs P M RobinsMr & Mrs A RogersDr Samuel RosenbergMrs R RudkinMr Shah W. RusitiMr Peter RussellMr & Mrs I F RutherfordMrs Anne RutterMrs J ScougallDr Celina SeetoDr Mark & Mrs Gillian SelikowitzMr & Mrs Bruce ShanklandMs Barbara SharphamMrs Rhona ShawMr Desmond & Mrs Anne SheehanMrs D SilvaMr R SilvertonMrs Desi SkemberisDana SkopalMr Douglas SmallMr Barry Smith RobertsMaureen SmithMr Ralph SmithDr William E SmithBlue Mountain Concert Society IncDr Eric SoweyMiss P SparksProfessor D SpearrittRuth StaplesMs Ruth SundstromDr Louie SuthersMargaret SuthersMr W M & Mrs F C J SwanMr Ronald SwitzerMrs Mary TangMiss Sandra M TaylorPrue ThompsonOlga ThompsonProf Warren Thomson OAM

Allens Arthur RobinsonMrs Hanni TittmanA & N TkalSusan & Ron UptonMr & Mrs Franc VaccherMr A J VallentineRupert VallentineMr Karl & Mrs Helen Van ZantenMrs Jill VaughanMr Charles & Mrs Ann WadeProf Gordon E WallLouise Walsh & David JordanMr Ian & Mrs Holly WaltersMr R WhileyMrs Robyn WhiteMrs Paula WilkinsDr Peter M. WilliamsonGaye WillisMr R B & I L WilsonMr Eric & Mrs Marion WiseMrs Penelope WiseMrs R WoodsMr R R WoodwardJill WranJill WrightMs Jane WuMs Esta YiouprosAnonymous (69)

SYDNEY SYMPHONY2007 ANNUAL REPORT

2928

PARTNERSHIPS DIRECTORS’ CHAIRS

SYDNEY SYMPHONY2007 ANNUAL REPORT

The Sydney Symphony applauds the leadership role our Partners play and their commitmentto excellence, innovation and creativity as well as the role of the Arts in society.

Many of our Partners enjoy dynamic long-term relationships which deliver robust marketingand sales results for the associated brands.

PRINCIPAL PARTNER

PLATINUM PARTNER

MAJOR PARTNERS

GOVERNMENT PARTNERS

GOLD PARTNERS

BRONZE PARTNERS

SILVER PARTNERS

REGIONAL TOUR PARTNERS

Australia PostBeyond Technology ConsultingBimbadgen Estate Wines J. Boag & SonVittoria Coffee

ADDITIONAL REGIONAL TOUR SUPPORTERS MARKETING PARTNERS

Avant CardBlue Arc Group Lindsay Yates and Partners2MBS 102.5

Allco Finance Group LimitedDeloitte FoundationThe LandRoyal Agricultural SocietyTianda Group

A leadership program which links Australia’s top performers in the executive and musical worlds.

Ronald Prussing NSW Department of State and RegionalDevelopment Chair of Principal Trombone

Kees BoersmaBrian and Rosemary White Chair of Principal Double Bass

Michael Dauth & Dene OldingSydney Symphony’s Board and Councilsupport the Chairs of the Concertmasters

Nick Byrne Gerald Tapper, Managing Director RogenInternational with Rogen International Chairof Trombone

Alexandra Mitchell Stuart O’Brien, Managing Director MoonDesign with Moon Design Chair of Violin

Fiona ZieglerIan and Jennifer Burton Chair of AssistantConcertmaster

Diana DohertyAndrew Kaldor and Renata Kaldor AO Chairof Principal Oboe

Roger BenedictAndrew Turner and Vivian Chang Chair ofPrincipal Viola and Artistic Director,Fellowship Program

Louise JohnsonMulpha Australia Chair of Principal Harp

Emma ShollMr Harcourt Gough Chair of Associate Principal Flute

Richard Gill OAMSandra and Paul Salteri Chair of Artistic Director, Education

Christopher HarrisJonathan Sweeney, Managing Director Trust with Trust Foundation Chair ofPrincipal Bass Trombone

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FINANCIALSTATEMENTS

Directors’ Report PAGE 32

Auditor’s Independence Declaration PAGE 35

Corporate Governance Statement PAGE 36

Income Statement PAGE 38

Balance Sheet PAGE 39

Statement of Changes in Equity PAGE 40

Cash Flow Statement PAGE 41

Notes to the Financial Statements PAGE 42

Directors’ Declaration PAGE 57

Independent Auditor’s Report PAGE 58

3332

DIRECTORS’ REPORT

DIRECTORSREPORT

’

The directors present their report together with the financialreport of Sydney Symphony Limited (the Group) for the yearended to 31 December 2007.

DIRECTORSThe directors in office, at any time during or since the financialperiod until the date of this report, are:

John C Conde AO (CHAIRMAN)

Libby Christie (MANAGING DIRECTOR)

John Curtis APPOINTED 31 JANUARY 2007*

Stephen JohnsAndrew Kaldor APPOINTED 31 JANUARY 2007

Goetz Richter APPOINTED 31 JANUARY 2007

David Maloney (FORMER CHAIRMAN) RETIRED 31 MAY 2007

David Smithers AM

Gabrielle Trainor

COMPANY SECRETARY

David O’Kane APPOINTED 26 SEPTEMBER 2007

Teresa Cahill RETIRED 2 JULY 2007

* John Curtis has been a Director of the 100% owned subsidiary companySydney Symphony Orchestra Holdings Pty Ltd since 2002.

QUALIFICATION OF DIRECTORS

JOHN C CONDE AO (Chairman)BSc, BE (Hons), Syd; MBA (Dist), Harv.Chairman of Energy AustraliaChairman of MBF Australia LimitedChairman of Whitehaven Coal LimitedPresident of The Commonwealth Remuneration Tribunal

LIBBY CHRISTIE (Managing Director)BA, SydGradDip Ed, Canberra

JOHN CURTISBA, ANU; LLB (Hons), ANUChairman of Allianz Australia LimitedChairman of the Bayard Group Pty LtdChairman of Merrill Lynch Australia Advisory BoardChairman elect of St George Bank Limited

STEPHEN JOHNSFCABEc, SydDirector of the Westfield GroupDirector of Brambles LimitedChairman of Spark Infrastructure Group

ANDREW KALDORBEc (Hons) Syd; MBA, WhartonChairman Pelikan Artline Pty LtdChairman Supertex Industries

DAVID MALONEY (former Chairman) LLB (UWA)Partner Allens Arthur Robinson, Lawyers

DR. GOETZ RICHTER BA, Syd; PhD, SydViolinistAssociate Professor and Chair, String Unit SydneyConservatorium

DAVID SMITHERS AM

FCADirector: Rabobank Australia Limited GroupDirector: Sydney IVF LtdDirector: Country Education Foundation Pty LtdDirector: International Energy Services Group LimitedDirector: James N Kirby Foundation Limited

GABRIELLE TRAINORBarrister and Solicitor Partner of John Connolly & Partners Pty LtdDirector of Sydney Harbour Foreshore AuthorityDirector Victorian Urban Development Authority

PRINCIPAL ACTIVITIESThe principal activity of the Group was the performance of symphonic music. There were no significant changes in the nature of theactivities of the Group during the year.

REVIEW AND RESULTS OF OPERATIONSThe Group presented the Sydney Symphony, the Sydney Sinfonia and the Sydney Symphony Fellows in 210 performances to over388,000 people during the year ended 31 December 2007. Concerts were held in Sydney at the Sydney Opera House, City RecitalHall Angel Place and Eugene Goossens Hall. Additional concerts were held in outer metropolitan and regional performing arts centres,including our 75th Anniversary Concert in Tamworth.

The profit results are summarised in the table below:

2007 2006Consolidated Consolidated*

$ $

Operating Profit before additional costs due to divestment and special items 1,088,489 1,055,141

Additional Operating Costs due to DivestmentTotal additional cost due to divestment (561,433) -Interest Income earned on prepaid government funding to offset the cost due to divestment 159,027 -

Operating Profit before special items 686,083 1,055,141

Special items included75th Birthday activities and Recordings (197,586) - Bequests 84,809 152,583Instrument fund donation 800,000 - Tax rebates - 84,482Other items - 81,642

Net Profit for the year 1,373,306 1,373,848

* Refer Note 28. 2006 prepared as if combination had taken place on 1 January 2006.

Net profit of the consolidated entity for the period ended 31 December 2007 amounted to $1,373,306. The 2006 comparativeConsolidated Income Statement is included in Note 28 of the accounts (prepared as if combination had taken place at the beginning ofthe year 2006) and on that basis the result for the year ended 31 December 2006 was $1,373,848.

Sydney Symphony received an anonymous donation of $800,000 during the year for the instrument fund. The fund has beenestablished to support the acquisition of fine string instruments for the Orchestra during the course of 2008 and beyond. In addition,bequests of $84,809 have been received in the year.

35

AUDITOR’SINDEPENDENCE

DECLARATION

34

COSTS OF DIVESTMENT FROM THE ABCThe net cost of divestment of $402,406 was a significant burdenfor the company and was higher than anticipated due to the costof moving from the Commonwealth to State workerscompensation schemes and increased superannuation costs. TheGroup will continue to incur these additional costs, which areexpected to increase over time and will seek appropriate fundingas part of the 2008 government review of the impact ofdivestment on the former ABC Orchestras.

STATE OF AFFAIRSOther than the above mentioned costs of divestment, in theopinion of the directors there were no other significant changes inthe underlying state of affairs of the Group that occurred duringthe year.

LIKELY DEVELOPMENTSThe Group has scheduled performances of symphonic and otherorchestral music, which it will continue to present during the nextfinancial year. The Group’s continuing viability is dependent onmaintaining its current level of government funding.

DIVIDENDSNo dividends have been paid by the Group.

EVENTS SUBSEQUENT TO BALANCE DATENo events have occurred subsequent to the date of this report thatmaterially affect the operations of the Group, the results of thoseoperations or the state of affairs of the Group in subsequentfinancial years.

ENVIRONMENTAL REGULATIONS ANDPERFORMANCEThe Group is not subject to any particular or significantenvironmental regulation.

DIRECTORS’ INTERESTSThe company is limited by guarantee and accordingly, does notissue shares.

DIRECTORS’ MEETINGSThe numbers of meetings of the Board of Directors and of BoardCommittees during the financial period were:

BOARD FINANCE ARTISTIC NOMINATION & AUDIT LIAISON REMUNERATION

& RISK

NUMBER OF MEETINGS ELIGIBLE A)NUMBER OF MEETINGS ATTENDED (B)

A B A B A B A B

John Conde AO 9 9 7 6 - - 1 1

Libby Christie 9 9 7 5 3 3 2 2

John Curtis 9 6 - - 3 1 1 1

Stephen Johns 9 6 7 7 - - 1 1

Andrew Kaldor 9 7 7 6 - - - -

David Maloney (retired 31/5/07) 5 5 3 1 - - 1 1

Goetz Richter 9 8 - - 3 1 - -

David Smithers AM 9 6 7 5 - - 1 1

Gabrielle Trainor 9 5 - - - - 1 1

DIRECTORS’ REMUNERATIONDirectors are not paid any fees for their services as directors of thecompany.

Details of directors’ remuneration are disclosed in Note 21.

INDEMNIFICATION AND INSURANCE OF OFFICERS Information on the indemnification and insurance of officers canbe found in Note 27.

AUDITOR’S INDEPENDENCE DECLARATIONThe Auditor’s Independence Declaration is set out on page 35.

Signed in accordance with a resolution of the directors:

John C Conde AO Libby ChristieChairman Managing DirectorSydney Sydneydated 11 March 2008 dated 11 March 2008

DIRECTORS’ REPORT

3736

CORPORATEGOVERNANCESTATEMENT

CORPORATEGOVERNANCE

STATEMENT

This statement outlines the SydneySymphony’s corporate governancepractices and addresses the eightGood Practice GovernancePrinciples published and monitoredby the Major Performing Arts Boardof the Australia Council for the Arts.These principles are based on therecommendations published by theASX Corporate GovernanceCouncil. The statement sets out theextent of the Sydney Symphony’scompliance with the eight Principlesas at the end of the financial year.

As at 31 December 2007 the SydneySymphony has achieved substantialcompliance with therecommendations. Corporategovernance documentation,including the GovernanceFramework and Charters, is available on request.

PRINCIPLE 1: LAY SOLID FOUNDATIONS FORMANAGEMENT AND OVERSIGHTThe Sydney Symphony’s Governance Framework incorporatesBoard and Board Committee Charters and a Code of Conduct.There is also a formal statement of delegated authority tomanagement and an induction procedure for new directors.

A Board agenda is set at the start of the year and includesmeetings for the Board to determine the Sydney Symphony’sstrategy, 3 Year Business Plans, the program for the followingseason, the budget for the following year and the SydneySymphony’s annual risk review.

PRINCIPLE 2: STRUCTURE THE BOARD TO ADD VALUEThe Board includes Directors with a range of skills includingfinance and accounting, business (both public companies andsmall business) and commercial experience, public affairs, law,orchestral music and music education. This experience is set outin their biographies.

The Board is supported by a Finance, Audit and Risk Committee(refer Principle 4), a Nominating and Remuneration Committeeand an Artistic Liaison Committee each of which has an individualcharter setting out its responsibilities and operating principles.

The Nominating and Remunerations Committee has a number of responsibilities including reviewing, evaluating and makingrecommendations to the Board with regard to the election and re-election of Directors and Sydney Symphony Councillors andexecutive remuneration. The Committee is comprised of four Directors.

The Artistic Liaison Committee facilitates the exchange of viewsbetween the Board and the musicians to assist the Board bydeveloping processes to assess, review and improve artistic qualityand performance standards of the Orchestra. The Committeeconsists of two Directors, the elected Artistic Committee of theOrchestra and, by invitation, the Managing Director and Directorof Artistic Operations.

PRINCIPLE 3: PROMOTE ETHICAL ANDRESPONSIBLE DECISION MAKINGThe Sydney Symphony’s Governance Framework includes a Codeof Conduct, Delegations of Authority, Board Committee charters,Risk Management policies as well as clearly defined roles andresponsibilities for key appointments.

PRINCIPLE 4: SAFEGUARD INTEGRITY IN FINANCIAL REPORTINGThe Finance Audit and Risk Committee meets at least quarterlyand its functions include:

● Reviewing and reporting to the Board on monthly, quarterlyand annual financial statements

● Making recommendations regarding the appointment,evaluation and removal of the Sydney Symphony’s externalauditor and reviewing and reporting to the Board on theadequacy, scope and quality of the annual statutory audit and onthe integrity and reliability of the financial statements

● Reviewing the effectiveness of the Sydney Symphony’s internalcontrol environment, including the effectiveness of internalcontrol procedures

● Monitoring and reviewing the reliability of financial reporting● Monitoring and reviewing the compliance of the Sydney

Symphony with applicable laws and regulations● Monitoring the scope of the internal audit process and

approving the engagement of internal auditors

The Finance, Audit and Risk Committee meet with the externalauditors at least once per year.

The Committee require the Managing Director and Director ofFinance to attest in writing that the Sydney Symphony’s financialreports present a true and fair view of the Sydney Symphony’sfinancial condition and operational results and are in accordancewith relevant accounting standards. This statement is requested atthe time of the consideration and approval of the StatutoryAccounts. It is reviewed by the Finance, Audit and RiskCommittee prior to its consideration by the Board.

The Committee is comprised of up to four Directors and, byinvitation, the Managing Director and the Director of Finance.

PRINCIPLE 5: RECOGNISE AND MANAGE RISKQuarterly updates of the Sydney Symphony’s risk register areundertaken by management and presented to the Finance Auditand Risk Committee. KPMG are engaged to conduct annualworkshops to identify further risks and develop a riskmanagement plan. The output of the workshops is reviewed bythe Board.

PRINCIPLE 6: ENCOURAGE ENHANCEDPERFORMANCEThe Nominating and Remuneration Committee advises theBoard on the process of Board performance review, reviews theperformance of the Chief Conductor, Managing Director andsenior management and establishes policies for recruitment,retention and succession planning for senior management.

The Artistic Liaison Committee meets every two months andadvises the Board on the processes to assess and improve artisticquality and performance standards, and reviews artistic standardsand achievements of the program of the Orchestra. TheCommittee is comprised of two Directors appointed by the Boardand the members of the Artistic Committee. The ManagingDirector and the Director of Artistic Operations are “ex officio”members of the Committee.

PRINCIPLE 7: REMUNERATE FAIRLY AND RESPONSIBLYThe Nominating and Remuneration Committee meets at leastannually to review the Sydney Symphony’s remuneration strategiesand policies. The Committee sets the parameters within whichsenior management negotiate musician and administration staffAgreements. The Committee also approves all seniormanagement remuneration arrangements.

PRINCIPLE 8: RECOGNISE THE LEGITIMATE INTERESTS OF STAKEHOLDERSThe Sydney Symphony has numerous stakeholders and a calendaris maintained in order to monitor requirements and reportingobligations. The calendar is approved by the Board, whichoversees compliance with stakeholder reporting and associatedobligations.

The Sydney Symphony has a set of Occupational Health & Safety(OHS) manuals which provide legislative and procedural guidanceto ensure the Sydney Symphony’s responsibilities continue to bemet. There has been a comprehensive training program, includingfirst aid and OHS committee training. Company policies andprocedures are being introduced in consultation with staffrepresentatives.

3938

INCOME STATEMENTfor the year ended 31 December 2007

BALANCE SHEETas at 31 December 2007

2007 2006 2007 2006NOTES CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $Revenue

Funding revenue 4 12,143,778 - 12,143,778 189,003Ticket sales 5 13,970,900 - - -Sponsorship and donations 6 4,128,082 - - -Other income 7 1,962,787 8,578,559 - 8,578,559

Total revenue 32,205,547 8,578,559 12,143,778 8,767,562

ExpensesEmployee expenses 8 17,191,452 - - -Artist fees and expenses 4,910,211 - - -Marketing expenses 3,193,868 - - -Production expenses 3,084,221 - - -Depreciation and amortisation 8 309,010 - - -Funding to subsidiary - - 12,143,778 189,003Other expenses 2,407,497 330 - 330

Total expenses 31,096,259 330 12,143,778 189,333

Net profit for the period 1,109,288 8,578,229 - 8,578,229

Other revenueBequests 84,809 - - -Other 179,209 - - -

Total other revenue 264,018 - - -

Net profit for the year 1,373,306 8,578,229 - 8,578,229

Income Tax expense 9 - - - -

Profit after Income Tax 1,373,306 8,578,229 - 8,578,229

Further details of the comparative Income Statement for the consolidated entity are detailed in Note 28.

The Income Statement should be read in conjunction with the notes to the financial statements.

2007 2006 2007 2006NOTES CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $Current Assets

Cash and cash equivalents 18 18,242,757 16,103,313 - -Other financial assets 10 47,015 45,567 - -Trade and other receivables 11 1,360,529 1,415,063 - 23,800Prepayments 196,035 445,702 - -

Total Current Assets 19,846,336 18,009,645 - 23,800

Non-Current AssetsProperty, plant and equipment 12 837,562 839,941 - -Intangible assets 13 39,814 125,241 - -Other financial assets 10 301,531 297,398 -Investment in subsidiary - - 8,578,559 8,578,559

Total Non-Current Assets 1,178,907 1,262,580 8,578,559 8,578,559

Total Assets 21,025,243 19,272,225 8,578,559 8,602,359

Current LiabilitiesTrade and other payables 14 1,676,580 1,933,452 330 24,130Prepaid revenue 15 5,704,016 5,485,828 - -Provisions 16 2,951,744 2,191,394 - -

Total Current Liabilities 10,332,340 9,610,674 330 24,130

Non-Current LiabilitiesProvisions 16 741,368 1,083,322 - -

Total Non-Current Liabilities 741,368 1,083,322 - -

Total Liabilities 11,073,708 10,693,996 330 24,130

Net Assets 9,951,535 8,578,229 8,587,229 8,578,229

EquitySymphony Fund 19 2,489,177 - - -International Touring Reserve 20 2,000,000 - - -Retained earnings 5,462,358 8,578,229 8,578,229 8,578,229

Total Equity 9,951,535 8,578,229 8,578,229 8,578,229

The Balance Sheet should be read in conjunction with the notes to the financial statements.

41

2007 2006 2007 006NOTES CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $

Net cash acquired on acquisition of subsidiary - 16,103,313 - -

Cash flows from operating activitiesCash receipts from box office and sponsors 18,326,862 - - - Cash receipt from donation for instruments 800,000 - - -Cash receipts from bequests 84,809 - - -Cash receipts general donations 976,647 - - -Cash payments to suppliers and employees (32,944,674) - -Cash payments to subsidiary - - (13,688,106)Grants received from government funding bodies 13,688,106 - 13,688,106 -Interest received 1,412,103 - - -Royalties received 2,464 - - -Net cash provided by operating activities 18(b) 2,346,317 - - -

Cash flows from investing activitiesProceeds on disposal of property, plant and equipment 20,182 - - -Payments for property, plant and equipment (221,474) - - -Payments for intangible assets - - - -Employee instrument loans granted (71,000) - - -Proceeds from repayments on employee instrument loans 65,419 - - -Net cash flows used in investing activities (206,873) - - -

Net increase/(decrease) in cash held 2,139,444 - - -Cash and cash equivalents at beginning of financial year 16,103,313 - - -Cash and cash equivalents at end of year 18(a) 18,242,757 16,103,313 - -

The Cash Flow Statement should be read in conjunction with the notes to the financial statements.

CASH FLOWSTATEMENT

for the year ended 31 December 2007

40

CONSOLIDATED

NOTE RETAINED SYMPHONY INTERNATIONAL TOTALEARNINGS FUND (NOTE 19) TOURING RESERVE EQUITY

(NOTE 20)$ $ $ $

As at 1 January 2006 - - - - Net profit for the year 8,578,229 - - 8,578,229

As at 31 December 2006 8,578,229 - - 8,578,229

As at 1 January 2007 8,578,229 - - 8,578,229Net profit for the year 1,373,306 - - 1,373,306Transfer to Symphony Fund 19 (2,489,177) 2,489,177 - - Transfer to International Touring Reserve 20 (2,000,000) - 2,000,000 -

As at 31 December 2007 5,462,358 2,489,177 2,000,000 9,951,535

PARENTRetained Total earnings Equity

$ $

As at 1 January 2006 - - Net profit for the year 8,578,229 8,578,229

As at 31 December 2006 8,578,229 8,578,229

As at 1 January 2007 8,578,229 8,578,229 Net profit for the year - -

As at 31 December 2007 8,578,229 8,578,229

The Statement of Changes in Equity should be read in conjunction with the notes to the financial statements.

STATEMENT OFCHANGES IN EQUITYfor the year ended 31 December 2007

4342

NOTES TOTHEFINANCIALSTATEMENTS

NOTES TOTHE

FINANCIALSTATEMENTS

1. CORPORATE INFORMATIONThe financial report of Sydney Symphony Limited and itscontrolled entities for the year ended 31 December 2007 wasauthorised for issue in accordance with a resolution of thedirectors on 11 March 2008.

Sydney Symphony Limited (the parent) is a public companylimited by guarantee, incorporated and domiciled in Australia.The address of the registered office is:

35 Pitt Street, Sydney NSW 2000

The nature of the operations and principal activities of the Groupare described in the Directors’ Report.

2. SUMMARY OF SIGNIFICANTACCOUNTING POLICIES

BASIS OF PREPARATIONThe consolidated financial report is a general-purpose financialreport, which has been prepared in accordance with therequirements of the Corporations Act 2001, AustralianAccounting Standards, and Urgent Issues Group ConsensusViews. The consolidated financial report has also been prepared ona historical cost basis. The consolidated financial report is preparedin Australian dollars.

STATEMENT OF COMPLIANCEThe consolidated financial report complies with AustralianAccounting Standards, which include Australian equivalents toInternational Financial Reporting Standard (‘AIFRS’). SomeAIFRS and other Australian Accounting Standards containrequirements specific to not-for-profit entities that are inconsistentwith IFRS requirements. The following Australian AccountingStandards include not-for-profit specific requirements which havebeen applied in preparing this financial report:

AASB 116: Property, Plant and EquipmentAASB 136: Impairment of AssetsAASB 1004: Contributions

Certain Australian Accounting Standards and Interpretations haverecently been issued or amended but are not yet effective and havenot been adopted by the Group for the annual reporting periodended 31 December 2007.

ADOPTION OF NEW ACCOUNTING STANDARDSThe Group has adopted AASB 7 Financial Instruments;Disclosures which became applicable on 1 January 2007. Theadoption of this standard has only affected the disclosure in thesefinancial statements. There has been no affect on profit and loss orthe financial position of the Group.

The Group’s principal financial instruments comprise cash andshort-term deposits, receivables and payables. The disclosures areincluded under the relevant notes to the financial statements.

The Group manages its exposure to key financial risks, includinginterest rate and currency risk in accordance with the Group’sfinancial risk management policy. The disclosures are includedunder the relevant notes to the financial statements.

BASIS OF CONSOLIDATIONThe consolidated financial statements comprise the financialstatements of Sydney Symphony Limited and its subsidiary as at31 December 2007.

The financial statements of subsidiaries are prepared for the samereporting period as the parent company, using consistentaccounting policies.

In preparing the consolidated financial statements, all inter-company balances and transactions, income and expenses andprofit and losses resulting from intra-Group transactions have beeneliminated in full.

Subsidiaries are fully consolidated from the date on which controlis transferred to the Group and cease to be consolidated from thedate on which control is transferred out of the Group.

The acquisition of Sydney Symphony Orchestra Holdings Pty Ltdon 31 December 2006 was accounted for using the purchasemethod of accounting. The purchase method of accountinginvolves allocating the cost of the business combination to the fairvalue of the assets acquired and the liabilities and contingentliabilities assumed at the date of acquisition. Accordingly, theconsolidated financial statements include the results of SydneySymphony Orchestra Holdings Pty Ltd for the period from itsacquisition on 31 December 2006. Where the cost of acquisitionis less than the Group’s share of the net fair value of theidentifiable net assets of the subsidiary, the difference is recognizedas a gain in the income statement, but only after reassessment ofthe identification and measurement of the net assets acquired.

GOING CONCERNThe ability of the Group to maintain its operations is dependentinter alia on the continuing support of various Governments byway of grants. The Tripartite Agreement was renewed for theperiod 2007 – 2009 with Australia Council for the Arts and ArtsNSW. Therefore the financial statements have been preparedunder the going concern principle.

REVENUE RECOGNITIONRevenue is measured at the fair value of the consideration receivedor receivable. Amounts disclosed are net of goods and services tax(GST). Revenue is recognised for the major business activities asfollows:

Contribution incomeContribution income represents the fair value of assets received inexcess of the cost of the assets where there is a non reciprocaltransfer and is recognised as income once the asset is controlled bythe Company.

Funding revenue Funding revenue is received from the Australia Council for theArts (as represented by The Major Performing Arts Board) andArts NSW. Funding is received based on payment schedulescontained in a funding agreement between the funding bodies andthe Company and is recognised in the calendar year for which it isintended under the terms of the agreement due to the conditionalnature of the funding. Any funding not spent on the plannedactivities agreed between the parties at the start of each calendaryear is required to be repaid.

Ticket SalesRevenue from ticket sales is recognised in the Income Statement atthe time of concert performance. Revenue from ticket sales inrespect of productions not yet performed is included in theBalance Sheet as prepaid ticket sales under the Current Liabilitiesheading “Prepaid revenue”.

Sponsorship and Donations revenueSponsorshipSponsorship commitments are brought to account as income inthe year in which sponsorship benefits are bestowed.

DonationsAll donations are brought to account as received.

Orchestral Hire RevenueRevenue from orchestral hire is recognised as these services areperformed.

Interest incomeRevenue is recognised as interest accrues using the effective interestmethod. This is a method of calculating the amortised cost of afinancial asset and allocating the interest income over the relevantperiod using the effective interest rate, which is the rate thatexactly discounts estimated future cash receipts through theexpected life of the financial asset to the net carrying amount ofthe financial asset.

FOREIGN CURRENCY TRANSLATIONBoth the functional and presentation currencies of the Group areAustralian dollars (A$). Transactions in foreign currencies arerecorded initially in the functional currency at the exchange ratesruling at the date of the transaction. Monetary assets and liabilitiesdenominated in foreign currencies are retranslated at the rate ofexchange ruling at the balance sheet date.

Foreign currency gains and losses resulting from the settlement ofsuch transactions and from the translation at year-end exchangerates of monetary assets and liabilities denominated in foreigncurrencies are recognised in the income statement.

INCOME TAX AND OTHER TAXESCurrent tax assets and liabilities for the current and prior periods aremeasured at the amount expected to be recovered from or paid to thetaxation authorities based on the current period’s taxable income.The tax rates and tax laws used to compute the amount are thosethat are enacted or substantively enacted by the balance sheet date.

Deferred income tax is provided on all temporary differences atthe balance sheet date between the tax bases of assets and liabilitiesand their carrying amounts for financial reporting purposes, exceptwhen the taxable temporary difference is associated withinvestments and the timing of the reversal of the temporarydifference can be controlled and it is probable that the temporarydifference will not reverse in the foreseeable future. Revenues,expenses and assets are recognised net of the amount of Goodsand Services Tax (GST), except where the amount of GSTincurred is not recoverable from the Australian Tax Office (ATO).In these circumstances, the GST is recognised as part of the cost ofacquisition of the asset or as part of an item of the expense.Receivables and payables are stated with the amount of GSTincluded. The net amount of GST recoverable from, or payableto, the ATO is included as a current asset or liability in thestatement of financial position. Cash flows are included in thestatement of cash flows on a gross basis. The GST components ofcash flows arising from investing and financing activities which arerecoverable from, or payable to, the ATO are classified asoperating cash flows.

ACQUISITIONS OF ASSETSAcquired assets are accounted for at cost. Cost is measured as thefair value of assets given or liabilities incurred or assumed at thedate of exchange plus cost directly attributable to the acquisition.

CASH AND CASH EQUIVALENTS Cash and cash equivalents includes cash on hand, deposits held atcall with financial institutions, other short-term, highly liquidinvestments with original maturities of three months or less thatare readily convertible to known amounts of cash which aresubject to an insignificant risk of changes in value.

For the purposes of the Cash Flow Statement, cash and cashequivalents consist of cash and cash equivalents as defined above,net of outstanding bank overdrafts.

TRADE AND OTHER RECEIVABLESTrade receivables, which generally have 60 day terms, arerecognised initially at fair value and subsequently measured atamortised cost using the effective interest method, less anallowance for any uncollectible amounts.

Collectibility of trade receivables is reviewed on an ongoing basis.Debts that are known to be uncollectible are written off whenidentified. An allowance for provision for impairment of tradereceivables is used when there is objective evidence that the Groupwill not be able to collect all amounts due according to theoriginal terms of the receivables. The amount of the impairmentloss is recognised in the income statement within other expenses.

PROPERTY, PLANT AND EQUIPMENT All items of property, plant and equipment are stated at historicalcost less accumulated depreciation and any impairment losses.Historical cost includes expenditure that is directly attributable tothe acquisition of the items.

Subsequent costs are included in the asset’s carrying amount or

4544

NOTES TOTHEFINANCIALSTATEMENTS

NOTES TOTHE

FINANCIALSTATEMENTS

recognised as a separate asset, as appropriate, only when it isprobable that future economic benefits associated with the item willflow to the Group and the cost of the item can be reliably measured.All other repairs and maintenance are charged to the incomestatement during the financial period in which they are incurred.

Items of plant and equipment, leasehold improvements, computerequipment and musical instruments are depreciated using the straight-line method over their estimated useful lives. Each class of asset in thecurrent period was depreciated over the following useful lives:

ASSET CLASS USEFUL LIFEComputer equipment 3 yearsFurniture and fittings Between 6 and 8 yearsPlant and equipment 8 yearsMusical instruments Between 5 and 15 years

DERECOGNITION AND DISPOSALAn item of property, plant and equipment is derecognised upondisposal or when no further future economic benefits are expectedfrom its use or disposal.

Any gain or loss arising on derecognition of the asset (calculated asthe difference between the net disposal proceeds and the carryingamount of the asset) is included in profit or loss in the period theasset is derecognised.

INTANGIBLE ASSETSSoftware licences have a finite useful life and are carried at cost lessaccumulated amortisation and impairment losses. Licences aretested for impairment where an indicator of impairment exists.Amortisation is calculated using the straight line method toallocate the cost over the estimated useful life of 3 years.

IMPAIRMENTThe carrying values of plant and equipment are reviewed forimpairment at each reporting date, with a recoverable amountbeing estimated when events or changes in circumstances indicatethe carrying value may not be recoverable.

The recoverable amount of plant and equipment is the greater offair value less costs to sell and value in use. Impairment losses arerecognised in the income statement.

LEASED PLANT AND EQUIPMENTLeases of plant and equipment are classified as operating leases asthe lessors retain substantially all of the risks and benefits ofownership. Payments made under operating leases (net of anyincentives received from the lessor) are charged to the incomestatement on a straight-line basis over the period of the lease.

TRADE AND OTHER PAYABLESTrade payables and other payables are carried at amortised cost.Liabilities are recognised for amounts to be paid in the future forgoods or services received, whether or not billed to the Group.Trade accounts payable are normally settled within 30 days.

PROVISIONSA provision is recognised when there is a legal, equitable,constructive obligation as a result of a past event and it is probablethat a future sacrifice of economic benefits will be required, tosettle the obligation, the timing or amount of which is uncertain.Provisions are determined by discounting the expected future cashflows required to settle the obligation at a pre-tax rate that reflectscurrent market assessments of the time value of money and, whereappropriate, the risks specific to the liability.

SITE RESTORATIONThe Group provides for costs of restoration or removal in relationto fixed assets when there is legal and constructive obligation.These costs include obligations relating to the dismantling,removal, remediation, restoration and other expenditure associatedwith fixed assets or site fit-outs.

Restoration provisions are initially recorded when a reliable estimateof the costs to be incurred can be determined, discounted topresent value. The estimates are based upon review of contracts,legal requirements, estimates from independent valuers, historicinformation and expected future costs. Future restoration costs arereviewed annually and any changes are reflected in the presentvalue of the restoration provision at the end of the reporting period.

The amount of the future restoration costs is capitalised and isdepreciated in accordance with the policy set out in the noteabove. The unwinding of the effect of discounting on provision isrecognised as a finance cost.

EMPLOYEE BENEFITS

Wages, salaries and annual leaveLiabilities for employee benefits for wages, salaries and annualleave expected to be settled within 12 months of the reportingdate represent present obligations resulting from employees’services provided up to the reporting date. These are calculated atundiscounted amounts based on compensation rates that theconsolidated entity expects to pay, including related on-costs.

Long service benefitsThe provision for employee benefits for long service leaverepresents the present value of the estimated future cash outflowsto be made, resulting from employees’ services provided up to thereporting date.

The provision is calculated using expected future increases in wage andsalary rates including related on-costs and expected settlement datesbased on turnover history and is discounted using the rates attaching toCommonwealth government bonds at balance date which most closelymatch the terms of maturity of the related liabilities.

SuperannuationThe Group contributes to employees’ superannuation funds.Contributions are recognised as an expense as they are made.

Employee loansSome employees are lent monies which are used in turn topurchase musical instruments. These loans are secured by theinstruments themselves. Amounts outstanding are recouped overtime through contributions withheld from musicians’ salaries.These are recorded within other financial assets.

CHANGES IN ACCOUNTING POLICIES The useful life of the intangible asset has been reviewed and theestimated useful life revised to 3 years (2006: 6 years). This has hadan impact of reducing accounting profit in the period by $58,482.

Apart from the above change, all other accounting policies havebeen applied on a consistent basis with those of the previous period.

3. SIGNIFICANT ACCOUNTINGJUDGEMENTS, ESTIMATES ANDASSUMPTIONS

The preparation of the financial statements requires managementto make judgements, estimates and assumptions that affect thereported amounts in the financial statements. Managementcontinually evaluates its judgements and estimates in relation to

assets, liabilities, contingent liabilities, revenue and expenses. Thefollowing critical accounting policies have been identified forwhich significant judgements, estimates and assumptions are made.

Impairment of Non-financial assetsThe Group assesses impairment of its non-financial assets at eachreporting date by evaluating conditions specific to the Group andto the specific asset. If an impairment trigger exists the recoverableamount of the asset is determined. Management does not considerthat the triggers for impairment have been significant and theseassets have not been tested for impairment in this financial period.

Make Good ProvisionA provision has been made for the present value of anticipatedcosts associated with the future restoration of the leased officepremises. The estimate is periodically reviewed and updated. Therelated carrying amounts are disclosed in note 16.

Estimate of Useful LivesThe estimation of useful lives of assets is based on historicalexperience. The condition of assets are assessed periodically andconsidered in relation to the remaining useful life of the asset andadjustments made to useful lives as appropriate.

4. FUNDING REVENUE2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Australia Council for the ArtsBase Funding 9,047,784 - 9,047,784 -Orchestral Review Funding 183,684 - 183,684 165,203

Arts NSWBase Funding 2,888,310 - 2,888,310 -Additional Grant 24,000 - 24,000 -Orchestral Review Funding - - - 23,800

Total funding revenue 12,143,778 - 12,143,778 189,003

A significant portion of the Group’s annual revenue consists of funding from federal and state governments, through the Australia Councilfor the Arts and Arts NSW. As a result, the Group has an economic dependency on these entities.

The Funding Agreement with the Australia Council for the Arts and Arts NSW was renewed for the period 2007–2009 whereby amountswill be provided to Sydney Symphony Limited. As required, these amounts are transferred to Sydney Symphony Orchestra Holdings PtyLimited to fund its operations.

Orchestral Review Funding from Australia Council for the Arts and Arts NSW relates to HR support and other expense reimbursement inrelation to divestment from Australian Broadcasting Corporation. The additional funding from Arts NSW relates to a regional NSWtouring grant.

47

NOTES TOTHE

FINANCIALSTATEMENTS

46

5. TICKET SALES2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Subscriptions 5,464,399 - - -Single night 5,480,848 - - -Commercial Events 3,025,653 - - -

Total ticket sales 13,970,900 - - -

6. SPONSORSHIP AND DONATIONS REVENUE2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Sponsorship 2,137,569 - - -Instrument Fund Donation 800,000 - - -Bequests 84,809 - - -General Donations 976,647 - - -Other private sector income 129,057 - - -

Total sponsorship and donations 4,128,082 - - -

7. OTHER INCOME2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Contribution income - - - 8,578,559Discount on acquisition - 8,578,559 - -Orchestral hire income 531,227 - - -Interest 1,251,662 - - -Other income 179,898 - - -

Total other revenue 1,962,787 8,578,559 - 8,578,559

8. EXPENSES2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Funding to subsidiary - - 12,167,578 189,003Other expenses - 330 - 330

Depreciation:Plant and equipment 12,130 - - -Furniture and fittings 92,944 - - -Musical instruments 44,531 - - -Computers 74,248 - - -

Total Depreciation 223,853 - - -

Amortisation of intangible assets 85,157 - - -

Total Depreciation and Amortisation 309,010 - - -

Operating lease rental expense 295,203 - - -

Employee expenses:Salaries and wages 13,647,882 - - -Superannuation 2,180,560 - - -Workers compensation 293,526 - - -Other employee expenses 1,069,484 - - -

Total employee expenses 17,191,452 - - -

9. INCOME TAX2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Accounting profit 1,373,306 8,578,229 - 8,578,229At group’s statutory tax rate (30%) 411,992 2,573,469 - 2,573,469

Less non taxable income (411,992) (2,573,568) - (2,573,568)Other - 99 - 99Income Tax expense - - - -

The company’s subsidiary Sydney Symphony Orchestra Holdings Pty Limited is exempt from income tax, capital gains tax and payroll taxby virtue of being a cultural organisation established for the encouragement of music and a charitable institution.

NOTES TOTHEFINANCIALSTATEMENTS

4948

NOTES TOTHEFINANCIALSTATEMENTS

NOTES TOTHE

FINANCIALSTATEMENTS

10. OTHER FINANCIAL ASSETS2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Current AssetEmployee Instrument Loans 47,015 45,567 - -

Non Current AssetEmployee Instrument Loans 301,531 297,398 - -

Total other financial assets 348,546 342,965 - -

11. TRADE AND OTHER RECEIVABLES

(a) Trade and other receivables

2007 2006 2007 2006CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $Current

Trade debtors 1,158,374 961,390 - 23,800Accrued income 202,155 453,673 - -

Total trade and other receivables 1,360,529 1,415,063 - 23,800

2007 2006 2007 2006CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $Trade Debtors

Trade debtors 1,158,374 961,390 - 23,800Provision for impairment of receivables - - - -

Total trade debtors 1,158,374 961,390 - 23,800

(b) Past due but not impaired

The debtors over 60 days are past due but not impaired, as there is no objective evidence at reporting date that the Group will not be able tocollect all amounts due.

2007 2006 2007 2006CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $Trade Debtors ageing

0 to 60 days 1,106,085 786,270 - 23,800

61 to 90 days 22,176 5,500 - -

Over 90 days 30,113 169,620 - -

Total trade debtors 1,158,374 961,390 - -

As of 31st December 2007, trade debtors of $52,289 were past due but not impaired. The other classes within trade and other receivables donot contain impaired assets and are not past due.

12. PROPERTY, PLANT AND EQUIPMENT

PLANT AND FIXTURES MUSICAL COMPUTER TOTALEQUIPMENT AND FITTINGS INSTRUMENTS EQUIPMENT

$ $ $ $ $

Year ended 31 December 2007At 1 January 2007,

net of accumulated depreciation and impairment 62,733 347,180 333,601 96,427 839,941Additions 14,012 16,827 81,697 108,938 221,474Disposals at cost - - (37,436) - (37,436)Disposal accumulated depreciation - - 37,436 - 37,436Depreciation charge for the year (12,130) (92,944) (44,531) (74,248) (223,853)

As at 31 December 2007, net of accumulated depreciation and impairment 64,615 271,063 370,767 131,117 837,562

At 1 January 2007Cost or fair value 184,374 745,420 814,499 519,580 2,263,873Accumulated depreciation (121,641) (398,240) (480,898) (423,153) (1,423,932)

Net carrying amount 62,733 347,180 333,601 96,427 839,941

At 31 December 2007Cost or fair value 198,386 762,247 858,760 628,518 2,447,911Accumulated depreciation (133,771) (491,184) (487,993) (497,401) (1,610,349)

Net carrying amount 64,615 271,063 370,767 131,117 837,562

PLANT AND FIXTURES MUSICAL COMPUTER TOTALEQUIPMENT AND FITTINGS INSTRUMENTS EQUIPMENT

$ $ $ $ $

Year ended 31 December 2006

Assets acquired on acquisition of subsidiary 62,733 347,180 333,601 96,427 839,941As at 31 December 2006, net of accumulated depreciation and impairment 62,733 347,180 333,601 96,427 839,941

The parent company does not hold any property, plant and equipment so only the consolidated property, plant and equipment are shown.

5150

NOTES TOTHE

FINANCIALSTATEMENTS

13. INTANGIBLE ASSETS – CONSOLIDATEDSoftware licences

$Year ended 31 December 2007At 1 January 2007, net of accumulated amortisation and impairment 125,241Additions -Disposals (270)Amortisation charge for the year (85,157)

As at 31 December, net of accumulated amortisation and impairment 39,814

At 31 December 2007Cost or fair value 156,688Accumulated amortisation (116,874)

Net carrying amount 39,814

Software licences$

Period ended 31 December 2006Assets acquired on acquisition of subsidiary 125,241As at 31 December 2006, net of impairment 125,241

The parent company does not hold any intangible assets so only the consolidated intangible assets are shown.

14. TRADE AND OTHER PAYABLES

2007 2006 2007 2006CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $

Accruals 825,279 1,346,834 - 24,140Trade creditors 851,301 586,618 330 -

Total trade and other payables 1,676,580 1,933,452 330 24,140

Total trade and other payables ageing0 to 60 days 1,405,566 1,558,944 330 24,14061 to 90 days 4,444 3,887 - -Over 90 days 266,570 370,621 - -

Total trade and other payables 1,676,580 1,933,452 330 24,140

The fair value of financial liabilities is equivalent to the carrying amount at balance date as disclosed in the balance sheet and related notes.This is because either the carrying amounts approximate to the fair value or because of their short term to maturity.

15. PREPAID REVENUE2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Prepaid funding 1,444,155 987,000 - -Prepaid ticket sales 4,174,914 4,344,139 - -Prepaid other 84,947 154,689 - -

Total prepaid revenue 5,704,016 5,485,828 - -

16. PROVISIONS2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Employee benefitsCurrent provision for employee benefits 2,951,744 2,191,394 - -Non-current provision for employee benefits 591,368 933,322 - -Total employee benefits 3,543,112 3,124,716 - -

Non-current other provisions 150,000 150,000 - -

Total provisions 3,693,112 3,274,716 - -

17. GUARANTEE

Each Member undertakes to contribute to the property of the Company if the Company is wound up while he, she or it is a Member orwithin 1 year after he, she or it ceases to be a Member, for payment of the Company’s debts and liabilities contracted before he, she or itceases to be a Member and of the costs, charges and expenses of winding up and for the adjustment of the rights of the contributoriesamong themselves, such amount as may be required, but not exceeding $20.00.

NOTES TOTHEFINANCIALSTATEMENTS

5352

NOTES TOTHE

FINANCIALSTATEMENTS

18. STATEMENT OF CASH FLOWSa) Reconciliation of cashFor the purposes of the cash flow statement, cash and cash equivalents includes cash on hand and at bank and short-term deposits at callwithin 3 months. Cash and cash equivalents as at the end of the financial period as shown in the cash flow statement are as follows:

2007 2006 2007 2006CONSOLIDATED CONSOLIDATED PARENT PARENT

$ $ $ $

Cash 4,058,176 2,331,689 - -Short-term deposits 14,184,581 13,771,444 - -Total cash and cash equivalents 18,242,757 16,103,313 - -

b) Reconciliation of net profit to net cash provided by operating activities2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Net profit 1,373,306 8,578,299 - 8,578,299Profit on sale of assets (20,182) - - -Add non-cash depreciation 223,853 - - -Add non-cash amortisation 85,157 - - -Less other non-cash transactions 5,851 8,578,299 - 8,578,299Net cash provided by operating activities

before change in assets and liabilities 1,667,985 - - -

Changes in assets and liabilitiesDecrease/(increase) in receivables 54,534 - - -Decrease/(increase) in other financial assets (5,581) - - -Decrease/(increase) in other assets 249,657 - - -Increase/(decrease) in payables (256,862) - - -Increase/(decrease) in prepaid revenue 218,188 - - -Increase in provisions 418,396 - - -

Changes in assets and liabilities 678,332 - - -

Net cash provided by operating activities 2,346,317 - - -

19. SYMPHONY FUND – CONSOLIDATED2007 2006

$ $Accumulated funds at the beginning of the year - -

Transfer from retained earnings in relation to:Retained earnings 1,604,368 -Current year bequest 84,809 -Instrument fund donation 800,000 -

Accumulated funds at the end of the year 2,489,177 -

The Symphony Fund was established under protocols agreed by the Board to raise and accumulate capital to support the aims of thecompany and its long-term financial security.

In 2007 an anonymous donation of $800,000 was received to establish a special purpose fund to acquire fine string instruments fororchestral musicians, to improve the quality of the string section of the orchestra.

20. INTERNATIONAL TOURING RESERVE – CONSOLIDATED2007 2006

$ $Accumulated funds at the beginning of the year - -

Transfer from retained earnings in relation to:International Touring Reserve 2,000,000 -

Accumulated funds at the end of the year 2,000,000 -

21. DIRECTORS AND EXECUTIVE DISCLOSURESa) Details of key management personnelThe names of each person holding the position of director or executive of the Company during the financial period are listed on page 32 in theDirectors’ Report. Unless otherwise stated in the Directors’ Report, the directors have been in office for the financial period.

b) Compensation of key management personnel2007 2006 2007 2006

CONSOLIDATED CONSOLIDATED PARENT PARENT$ $ $ $

Short term 259,950 470,528 - -Other employment benefits 24,253 54,348 - -

Total compensation 284,203 524,876 - -

Payments made to directors are not for their services as directors of the Group for which no fee is paid. Payments were made by the Groupto certain directors for their contributions as employees and as a guest conductor of the Group.

22. RELATED PARTIESa) DirectorsTransactions with DirectorsMr. David Maloney, the former chairman of the Company, is also a partner with Allens Arthur Robinson. During the course of the period,his firm provided professional services to the Group on a pro bono basis.

Mr Stephen Johns, a director of the company, is also a director of Brambles Limited. During the course of the year, Recall, part of theBrambles Group, provided information management services to the Group under normal terms and conditions.

Transactions between the parent Company and entities in which directors have declared an interest are transacted under normal terms and conditions.There were no contracts involving directors’ interests existing at period end except sponsorship agreements under normal terms and conditions ofbusiness. Sponsorship from director-related entities is on terms and conditions no more favourable than those offered to other sponsors.

b) SubsidiaryThe consolidated financial statements of Sydney Symphony Limited at 31 December 2007 include the parent Company’s one subsidiary inwhich it had 100% interest, Sydney Symphony Orchestra Holdings Pty Limited which is incorporated in Australia and has the same balancedate as that of the parent entity. The carrying value of the investment is $8,578,569 (at 31 December 2006: $8,578,569).

c) Ultimate parentSydney Symphony Limited is the ultimate parent entity.

NOTES TOTHEFINANCIALSTATEMENTS

5756

NOTES TOTHEFINANCIALSTATEMENTS

DIRECTORS’DECLARATION

In the opinion of the directors of Sydney Symphony Limited and its controlled entities:

(a) the consolidated financial statements and notes, set out on pages 38–56, are in accordance with the Corporations Act 2001, including:

(i) giving a true and fair view of the financial position of the Group and of the Company as at 31 December 2007 and oftheir performance, as represented by the results of their operations for the financial year ended 31 December 2007; and

(ii) complying with Accounting Standards and the Corporations Regulations 2001; and

(b) there are reasonable grounds to believe that the Group will be able to pay its debts as and when they become due and payable.

Signed in accordance with a resolution of the directors:

John C Conde AO Stephen JohnsChairman Director

Sydney, dated 11 March 2008 Sydney, dated 11 March 2008

27. INDEMNIFICATION AND INSURANCE OF OFFICERS Insurance and indemnity arrangements established in previous years concerning officers of the consolidated entity were renewed andcontinued during 2007. Sydney Symphony Orchestra Holdings Pty Limited paid the premium on a contract insuring each of the Directorsof the consolidated entity, named earlier in this report, and each of the full-time executive officers of the consolidated entity, against allliabilities and expenses arising as a result of work performed in their respective capacities, to the extent permitted by law.

28. BUSINESS COMBINATION Acquisition of Sydney Symphony Orchestra Holdings Pty LimitedOn 31 December 2006 Sydney Symphony Limited acquired 100% of the shares of Sydney Symphony Orchestra Holdings Pty Limited. If the combination had taken place at the beginning of the 2006 financial year, the following would have been the Consolidated IncomeStatement for 2007 with the 2006 comparative restated:

2007 2006CONSOLIDATED CONSOLIDATED

$ $

Revenue Funding revenue 12,143,778 12,100,919Ticket sales 13,970,900 12,451,992Sponsorship and donations 4,128,082 3,400,478Other income 1,962,787 1,512,586

Total revenue 32,205,547 29,465,975

ExpensesEmployee expenses 17,191,452 16,446,150Artist fees and expenses 4,910,211 4,159,701Marketing expenses 3,193,868 2,829,061Production expenses 3,084,221 2,380,614Depreciation and amortisation 309,010 225,806Other expenses 2,407,497 2,369,502

Total expenses 31,096,259 28,410,834

Net profit for the period 1,109,288 1,055,141

Other revenueBequests 84,809 152,583Tax Rebates - 84,482Other 179,209 81,642

Total other revenue 264,018 318,707

Net profit for the year 1,373,306 1,373,848

Income Tax expense - -

Profit after Income Tax 1,373,306 1,373,848

5958

INDEPENDENT AUDITOR’SREPORT

INDEPENDENT AUDITOR’S

REPORT

6160

THE SYDNEYSYMPHONYCOUNCIL

SYDNEYSYMPHONYVOLUNTEERS

SYDNEYSYMPHONYSTAFF AS AT 31 DECEMBER 2007

The Sydney Symphony Council supportsthe Company in three key areas:

1. Development and Fundraising2. Advocacy3. Audience and Community

Development Initiatives

The Company is fortunate to have thecommitment of such an energised groupof individuals.

CURRENT MEMBERSHIPMr Geoff AinsworthMr Andrew Andersons AO

Mr Michael Baume AO

Mrs Christine BishopMs Deeta ColvinMr Greg Daniel AM

Mr John Della Bosca MLC

Mr Alan FangMs Erin FlahertyDr Stephen FreibergMr Richard Gill OAM

Mr Donald Hazelwood AO OBE

Dr Michael Joel AM

Mr Simon JohnsonMs Judy JoyeMs Yvonne Kenny AM

Mr Gary LinnaneMs Amanda LoveThe Hon. Ian Macdonald MLC

Ms Joan MacKenzieSir Charles Mackerras CH AC CBE

Mr David MaloneyMr David MaloufMs Julie Manfredi-HughesMs Deborah MarrThe Hon. Justice Jane Mathews AO

Mr Danny MayMs Wendy McCarthy AO

Mr John MorschelMr Greg ParamorDr Timothy PascoeMr Stephen PearseMr Jerome RowleyMr Paul SalteriMrs Sandra Salteri

Mrs Jacqueline SamuelsMr Bertie SanMs Julianna SchaefferMr Leo Schofield AM

Mr Ivan UngarMr John Van OgtropMr Justus VeeneklaasMr Peter Weiss AM

Mr Anthony Whelan MBE

Ms Rosemary WhiteMr Kim Williams AM

Behind the scenes the Orchestra issupported by a brilliant andhardworking team of more than 150volunteers. Our volunteers help in a widerange of activities from selling raffletickets at the annual Symphony in theDomain to assisting our administrationteam with mail-outs and other activitiesvital to the Orchestra’s success.

A VERY SPECIAL GROUP OF 33 VOLUNTEERS REGULARLYASSIST THE SYDNEY SYMPHONY:Ms Helmi AlbrechtMs Valerie AllsopMrs Barbara BallmentMrs Judy BelcherMr Ron BellMrs Jan BiberMs Estelle BillingMrs Jenny BurnettMs Valmai CameronMrs Tessa ConnettMs Bernice CrichtonMrs Pamela CudlippMrs Alice EvansMs Patricia FletcherMrs Helen FlynnMrs Marlene HanscombeMrs B HorrocksMrs Diane JohnsonMrs Joan Mac ReaMr David A MartinMr Reginald McCabeMs Elfreda McMullenMrs E J. MerewetherMrs Marisa MitterhuemerMs Y MocherMr Peter MurphyMrs June NixonMrs Jill PainMs Patricia SouthMr Damien StapletonMrs Lee D. TredinnickMs Heather WilsonMs Connie Wright

MANAGING DIRECTOR

Libby ChristieEXECUTIVE ASSISTANT

Eva-Marie AlisHUMAN RESOURCES MANAGER

Ian Arnold

ARTISTIC OPERATIONS

DIRECTOR OF ARTISTIC OPERATIONS

Wolfgang Fink

Artistic AdministrationARTISTIC ADMINISTRATION MANAGER

Raff WilsonARTIST LIAISON

Ilmar LeetbergPERSONAL ASSISTANT TO THE CHIEF CONDUCTOR

Lisa Davies-GalliADMINISTRATION ASSISTANT

Catherine Wyburn

Education ProgramsEDUCATION MANAGER

Margaret MooreEDUCATION COORDINATOR

Bernie Heard

LibraryLIBRARIAN

Anna CernikLIBRARY ASSISTANT

Victoria GrantLIBRARY ASSISTANT

Mary-Ann Mead

DEVELOPMENT

DIRECTOR OF DEVELOPMENT

Rory JeffesCORPORATE RELATIONS MANAGER

Leann MeiersCORPORATE RELATIONS EXECUTIVE

Julia OwensCORPORATE RELATIONS EXECUTIVE

Seleena SemosPHILANTHROPY MANAGER

Alan WattDEVELOPMENT EXECUTIVE

Kylie Anania

MARKETING AND CUSTOMER RELATIONSPublicityPUBLIC RELATIONS MANAGER

Yvonne ZammitPUBLICIST

Stuart Fyfe

Customer Relationship ManagementMARKETING MANAGER – CRM

Rebecca MacFarlingDATA & ONLINE TECHNOLOGY MANAGER

Marko LångPUBLICATIONS EDITOR & MUSIC PRESENTATION MANAGER

Yvonne Frindle

Marketing CommunicationsMARKETING MANAGER – TRADITIONAL MARKETS

Simon Crossley-MeatesMARKETING COORDINATOR

Antonia Farrugia

Box OfficeBOX OFFICE MANAGER

Lynn McLaughlinBOX OFFICE COORDINATOR

Peter GahanCUSTOMER SERVICE REPRESENTATIVES

Wendy AugustineMichael Dowling

ORCHESTRA MANAGEMENT

DIRECTOR OF ORCHESTRA MANAGEMENT

Aernout KerbertDEPUTY ORCHESTRA MANAGER

Lisa Mullineux (maternity leave)ACTING DEPUTY ORCHESTRA MANAGER

Greg LowORCHESTRAL ASSISTANT

Angela ChilcottOPERATIONS MANAGER

John GlennTECHNICAL MANAGER

Derek CouttsPRODUCTION COORDINATOR

Tim DaymanPRODUCTION ASSISTANT

Ian SpenceSTAGE MANAGER

Marrianne Carter

COMMERCIAL PROGRAMS

DIRECTOR OF COMMERCIAL PROGRAMMING

Baz Archer

RECORDING ENTERPRISES

RECORDING ENTERPRISES MANAGER

Aimee Paret

BUSINESS SERVICES

DIRECTOR OF FINANCE & COMPANY SECRETARY

David O’KaneEXECUTIVE PROJECT MANAGER

Rachel HadfieldFINANCE MANAGER

Samuel LiOFFICE ADMINISTRATOR & ACCOUNTS PAYABLE

Shelley SalmonINFORMATION TECHNOLOGY MANAGER

Tim GrahamPAYROLL OFFICER

Caroline Hall