END OF PROGRAM OUTCOME NEW & ENHANCED PARTNERSHIPS & SUSTAINABLE PROGRAMS What do we want to achieve? (Intermediate outcomes) How do we monitor this? (Monitoring indicators) 16.1 Percentage annual increase in Gross Revenue (measured by 5 year rolling average gross revenue from audited financial statements) 16.2 Industry Member reserves are greater than their respective minimum agreed levels 16.3 Percentage annual increase in core retained earnings (measured from audited balance sheet) 16.4 Total annual average income of special projects (percentage is the annual increase) 16. AHA financial sustainability 16.5 Number of partners other than Members involved in special projects 16.6 Number and type of diversified funding options* (Exclude core, special or Government funding) 16.7 Corporate overhead charge on operational projects 16.8 Timeliness of financial reporting and project progress reports to Members 16.9 Timeliness of internal financial reporting 15/16 Baseline $14,655,000 16/17 Target 2% = $14,948,000 16/17 Actuals $15,296,000 Eight industries who need reserve policies $4,517,000 No target set Three members have in Five members do not h 2% = $4,607,000 $5.7m Recognition of income and retention of interes $268,000 2% = $273,000 $223,000 TBC No target set 12 partners including: p projects TBC No target set Two diversified funding Program) and the Direc 43% 43% 46.65% Overhead is allocated a reduced on a case by c No baseline available Reports circulated to Members within the agreed timeliness (align with Board cycle) Monthly within 1 month and within annual audit timeframes Monthly within 2 weeks Industry Members have • New reports develop • New reports develop • Quality of reports ha Financial reports have reports have improved Above target 42 On target Not on target ANNUAL REPORT 2016-17
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