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Skål Toronto AGM: President's Report, Membership Report, and Financial Summary

Join us for the Skål Toronto Annual General Meeting on January 29, 2019, where we will discuss important updates, financial reports, and the state of our organization. Get the latest highlights, hear from industry experts, and network with fellow members.

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Skål Toronto AGM: President's Report, Membership Report, and Financial Summary

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  1. Skål Toronto AGM Tuesday January 29, 2019

  2. President’s Report • NEW in 2018 & Membership Report • Treasurer’s Report • Golf Report • Programming Report • Website Report • Member Badges & Kits • Young Skål Report • Skål Canada Report 2018Overview Agenda

  3. Fred Azouz • Welcome Remarks • Executive Board & Committee Chairs President’s Report

  4. President – Fred Azouz Vice President – Scott Barker Secretary – Kimberly Hartley Treasurer – Stephen Fine Executive Treasurer – Mike Hannah Executive Secretary – Mary Heron Skål Canada Rep – SohailSaeed Skål Canada Rep – Pierre LePage Young Skål – Joanne Gellatly & Kitu Sharma Golf Chair – Kimberly Hartley Gala Chair – Fred Azouz PR & Programming – Susan Webb Website – Fred Azouz Auditors – David McClung & Kim Clarke Succession Committee Chair – David McClung 2018 Executive Board & Committee Chairs

  5. Focus Group Sessions & Discussions • Board Conversations • ALL Led to NEW Ideas • Guest Speakers are now at each of our Events • Members can present their “elevator” pitch • Company Membership • Members will have the opportunity to mix & mingle during dinner 2018 Highlights NEW Ideas

  6. Ed Limon – Winged Whale Media • Tony Saunders – TravelBrands • Wendy Gamble – Aga Khan Museum • Dan McLean - WestJet 2018 Highlights New Members

  7. Skål International World Congress 2018 Kenya – Oct 17 to 21 2018 Highlights • Skål Club of the Year – Huatulco • New International President LAVONNE WITTMANN, SOUTH AFRICA

  8. Treasurer’s Report • Treasurer – Stephen Fine • Executive Treasurer – Mike Hannah 2018Highlights

  9. SKAL INTERNATIONAL TORONTO – BALANCE SHEET (as of December 31, 2018) Assets Current Assets Cash and Cash Equivalent CASH $19,223.72 UndepositedFunds $1,211.00 Total Cash and Cash Equivalent $20,434.72 Accounts Receivable $31,530.00 Total Accounts Receivable (A/R) $31,530.00 INVESTMENTS - GIC $52,619.39 Total Current Assets $104,584.11 Total Assets $104,584.11

  10. SKAL INTERNATIONAL TORONTO – BALANCE SHEET (as of December 31, 2018) Liabilities and Equity Liabilities Current Liabilities Total Accounts Payable (A/P) $1,329.99 MEAL PLAN PREPAID $ 21,820.00 MEMBERSHIPDUES PREPAID $ 52,809.60 SICAN MEMBERSHIP FEES $-35,029.60 Total MEMBERSHIPDUES PREPAID $17,780.00 RESERVE TRAVEL AND OTHER EXP $4,309.14 Total Current Liabilities $45,239.13 Total Liabilities $45,239.13

  11. SKAL INTERNATIONAL TORONTO – BALANCE SHEET (as of December 31, 2018) • Equity • Opening Bal Equity $30,268.19 • Retained Earnings $30,645.01 • Profit for the year $-1,568.22 • Total Equity $59,344.98 • Total Liabilities and Equity $104,584.11

  12. SKAL INTERNATIONAL TORONTO – BUDGET VS. ACTUALS (January - December 2018) • Actual Budget Over Budget % of Budget • Income • ADDITIONAL REVENUE • 50/50 AND ELIM DRAW91.10 950.00 -858.90 9.59 % • GALA/AUCTION 9,215.00 7,500.00 1,715.00 122.87 % • GOLF TOURNAMENT 10,996.61 10,000.00 996.61 109.97 % • XMAS GALA -5,564.49 -5,564.49 • Total ADDITIONAL REV 14,738.22 18,450.00 -3,711.78 79.88 % • MEAL PLAN FEE 21,347.80 21,347.80 • Drink Tickets 846.00 846.00 • MEAL PLAN EXPENSE -22,229.05 -22,229.05 • Total MEAL PLAN FEE -35.25 -35.25 • MEMBERSHIP DUES 5,192.00 10,000.00 -4,808.00 51.92 % • Total Income $19,894.97 $28,450.00 $-8,555.03 69.93 % • GROSS PROFIT $19,894.97 $28,450.00 -8,555.03 69.93 %

  13. SKAL INTERNATIONAL TORONTO – BUDGET VS. ACTUALS (January - December 2018) • Actual Budget Over Budget % of Budget • Expenses • Bank Service Charges2225.50 2000.00 225.50 111.28 % • Honorarium 10,560.00 10,560.00 0.00 100.00 % • Membership Incentive 600.00 2,000.00 -1,400.00 30.00 % • MiscExpense 1,048.26 1,600 - 551.74 65.52% • TRAVEL • Fall Board Mtg1,673.30 3,000.00 -1,326.70 55.78 % • NASC 2,014.90 1,990.00 24.90 101.25 % • Skål IntlConf 4,000.00 -4,000.00 • Total TRAVEL 3,688.20 8,990.00 -5,301.80 41.03 % • Website 3,341.23 3,300.00 41.23 101.25 % Total EXPENSES $21,463.19 $28,450.00 -6,986.81 75.44 % Net Operating Income $-1,568.22 $0.00 -$1,568.22 0.00 % • NET INCOME $-1,568.22 $0.00 -$1,568.22 0.00 %

  14. Auditor’s NoteJanuary 29, 2019To Whom it May Concern:This letter serves to confirm that we have audited the balance sheet of Skål International Toronto as of December 31, 2018 the related statement of income and cash flow for the year ended.In our opinion, these financial statements present fairly, in all material respects, the financial position of Skål International Toronto and the results of its operations and its cash flows for the year ended in accordance with the accounting principles generally accepted in Canada.Skål 2018 Audit CommitteeKim Clarke David McClung

  15. Kimberly Hartley Golf Report2018

  16. Golf Committee & Report • Golf Chair – Kimberly Hartley • Golf Committee: • Scott Barker • Mike Hannah • Fred Azouz • Golf Volunteers: • Mary Heron • Lynda Breakey • Joanne Gellatly • Paul Leon • Cheri Thompson • Kitu Sharma 2018 Highlights

  17. 20 hole & foursomsponsors including 7 contra holes (sponsors) = 32 hole sponsorships – UP from 25 in 2016 • Secuedgolf crtsponsor - no lunch, reception, dinner and beverage cart sponsors – seeking this support for 2018 • Raffle draws, wrist band sales, 50/50, silent and live auctions (revenue) – UP from 2016 due to more participants/attendees • Skal share of revenue = $11,325.73 • Toronto Daily Bread Food Bank Donation = $2,000.00 • Very important event for Skal Toronto SKAL TORONTO 62nd ANNUAL GOLF TOURNAMENT 2018 • August 22, 2018 – Lionhead Golf & Country Club, Brampton – Great day for all! • 104 paid golfers/15 reception and dinner – slight decrease from 2017 (116/22) • 8hole-only sponsors/14 hole & foursome sponsors / 4 hole in kind sponsors – slight decrease from 2017 • Secured golf cart sponsor - no lunch, reception, dinner and beverage cart sponsors – sourcing for 2019 • Raffle draws, wrist band sales, 50/50, car cleaning contest draw, silent and live auctions • Revenue slightly down from 2017 due to fewer participants and hole sponsors • Skal share of revenue = $10,996.61 (budget $10,000 met( • Toronto Daily Bread Food Bank Donation = $1,400 • Very important event for Skal Toronto

  18. This year’s Tournament – Wednesday AUGUST 21, 2019 • Back at Lionhead Golf & Country Club • Accepting hole sponsorships, foursomes, prize donations and sponsorships • We require more committee volunteers!!! • THANK YOU for your SUPPORT

  19. Programming 2018 Skål Toronto Events

  20. 2018 Meetings & Events • Feb 1 Lambton Golf Club held our AGM • Mar 27 The University Club of Toronto (new member drive) • Apr 24 Joint Mtg – Hamilton Club Waterfront Hotel Burlington • May 29 Boulevard Club Lunch • Jul 24 Bowling & Pool at The Ballroom (social event) • Aug 22 Golf Tournament at Lionhead Golf & Country Club • Sep 17 Oktoberfest – Chelsea Hotel with Toronto North & Hamilton Clubs • Oct 27 Duke of Devon Lunch • Nov 27 The Chef’s House • Dec 13 Christmas Gala & Auction – The University Club of Toronto

  21. 2019 Event Calendar • Jan 29 – Lambton Golf Club • Mar 26 - TBD • Apr 23 – Hamilton/London invite (optional) • May 28 – Boulevard Club Luncheon • Jun – Social Event with Hamilton, Toronto North & London Clubs • Aug 21 – Golf Tournament • Sep 16 - Oktoberfest Toronto North event (optional) • Oct 22 – Luncheon TBD • Nov 26 - TBD • Friday Dec 6– Christmas Gala & Auction

  22. Fred Azouz Club Website www.TorontoSkal.org • List of Dates & Events including maps • Links to online RSVPs • Photo Gallery • Reminder to access www.skal.org for the member’s database 2018Highlights Website Report

  23. Welcome Kits and Name Badges Welcome packages. Name Badges Now Available for $20– See Mike Hannah

  24. Joanne Gellatly & Kitu Sharma • Young Skål Overview 2018Highlights Young Skål Report

  25. What is Young SKÅL? Their YS# is a global code! LEADERSHIP- supporting YSP activities from Audrius Valiulis & Kitu Sharma for our club Watch the strategies of Skal International – Hope to travel with club for future meetings! • Young SKÅL is a category of SKÅL International especially for students and also young professionals (up to age 29 years) directly related to the travel and tourism industry. • Networking Events both with local YS clubs & international - YS World Conference • Mentoring & Education / Exclusive events and Conferences with a YS Global Scope • Official YS certificate identifying affiliation with an international Tourism association Focus of Skal International shifting to the Young Skal Professional Encourage industry collaboration amongst graduates that are working in industry full-time Ask SKAL Toronto members to help mentor tomorrow’s leaders today!

  26. SohailSaeed & Pierre LePage • Skål Canada Report 2018Highlights Skål Canada Report

  27. SKÅL CANADA REPORT Toronto Representatives - Sohail Saeed & Pierre LePage New SKÅL CANADA 2019 Executive Committee President Paul Durand – Edmonton Club Vice Pres. Jean Pelletier – Québec City Club Vice Pres. Marc Rhéaume – Calgary Club Vice Pres. Mark Schaay – Halifax Club

  28. 2018 SKÅL CANADA Past President - - Our club`s very own Susan Webb Congratulations for a job well done and for making us all very proud!

  29. 2018 Skål Canada Highlights • Membership growth reached 160% of budget target • Biggest growth in Victoria (20), Vancouver, Montreal, Halifax and Winnipeg, (11 or 12 each) • New Club established in Prince Edward Island with 21 Charter Members – hosted Skål Canada Fall Board Meeting, Nov. 3-5 • 36 Members attended Spring North American Skål Congress (NASC) in Playa Mujeres, Mexico, May 3-6 • 32 Members and guests attended Skål International World Congress in Mombasa, Kenya, October 17-21

  30. 2018 Skål Canada Highlights (cont.) • Bill Rhéaume (Rockies Club) elected to Skål International Executive Committee (Big Win for Canada!) • Skål Social Media – Facebook page now launched and very successful – Follow to see what other clubs are doing and get national and international news. • Testimonial videos from Members – personal and professional benefits – Doing Business – World Travel • Go to Smartphones NOW to www.skalcanada.org – Click on Benefits of Skål Membership – then Click on Testimonials

  31. 2018 Skål Canada Membership Development Raffle • MDF - Part of 3-year Membership Development Plan • Skål International funding available to help leverage membership development • Prizes needed to add to existing Raffle list which includes • Kenya Safari, Croatia Cruise, and lots more • 30% of sales revenue returned directly to local Club • Tickets now available directly or online at www.skalcanada.org • Draw will take place at NASC – Honolulu, April 27, 2019

  32. 2019 Skål Canada & International Upcoming Events • North American Skål Congress (NASC), Sheraton Waikiki ,Honolulu, Hawaii, April 25 -28, 2019 – Registrations Open • Skål International World Congress, Royal Caribbean Symphony of the Seas, ex Miami, Sept. 14-21, 2019 – Registrations Open • Skål Canada Board Meeting, hosted by Skål Rockies, Banff, Alberta, November 1-3, 2019 • BID for 2021 SkålIntenational World Congress, Québec City Club, Québec, endorsed by Skål Canada

  33. THANK YOU

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