Second surplus for Netball South

Netball South has reported a largely unchanged financial position over the past year.

The organisation returned a $4000 surplus in 2017, it was announced at Saturday's annual general meeting in Invercargill.

It marked the second year it had returned a surplus, after falling into a negative equity position in its first three years of operation.

That included a large deficit of $91,000 in 2016, after also suffering deficits the two previous years - its first years of operation.

It leaves the zone with a members' equity of -$152,000.

While pleased with the surplus - which came against a budget of -$34,000 - the board remains focused on achieving greater financial stability and reducing that negative equity level.

"This is a pleasing result, following our first surplus in 2016, however it only scrapes a sliver off our negative equity position accumulated during our first three years of operation," the annual report stated.

"In 2018 we will strive to reduce the negative equity by delivering a third surplus and alleviating cashflow pressure experienced during the last quarter."

A focus for this year was to continue looking at new and reliable revenue sources.

That would require both being able to recognise those avenues, as well as finding the best way to optimise them.

An increase in coaches from 932 to 1043 across the zone was one of the big positives.

More than 400 of them had attended various coaching workshops, which was having an impact on coach development. The decision to increase its coaching developers from one in 2016 to nine in 2017 was a timely move.

Junior playing numbers were an area it was looking to improve, having fallen by 303 to 6078.

A year seven and eight development programme would be introduced.

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