Indemnifying Ofcers or Auditor
During or since the end of the nancial year, the Company has given an indemnity or entered into an agreement
to indemnify, or paid or agreed to pay insurance premiums as follows:
The Company has paid premiums to insure all of the Directors of the Company as named above, the company
secretary and all executive ofcers of the Company against any liability incurred as such by a director, secretary
or executive ofcer to the extent permitted by the Corporations Act 2001. The contract of insurance prohibits
disclosure of the notice of the liability and the amount of the premium.
The Company has not indemnied the auditor or paid any insurance premium on behalf of the auditor.
Proceedings on behalf of Company
No person has applied for leave of Court to bring proceedings on behalf of the Company or intervene in any
proceedings to which the Company is a party for the purpose of taking responsibility on behalf of the Company
for all or any part of those proceedings. The Company was not a party to any such proceedings during the year.
Non-audit Services
The Board of Directors is satised that the provision of non-audit services during the year is compatible with
the general standard of independence for auditors imposed by the Corporations Act 2001. The Directors are
satised that the services disclosed below did not compromise the external auditor’s independence for the
following reasons:
• All non-audit services are reviewed and approved by the Board of Directors prior to commencement to ensure
they do not adversely affect the integrity and objectivity of the auditor; and
• The nature of the service provided do not compromise the general principles relating to auditor
independence in accordance with APES 110: Code of Ethics for Professional Accountants set by
the Accounting Professional and Ethical Standards Board.
During the year, there were no fees paid or payable for non-audit services by PKF Mack and its related practices.
Auditor’s Independence Declaration
The lead auditor’s independence declaration for the year ended 30 June 2018 has been
received and can be found on page 26 of the nancial report.
This report is made in accordance with a resolution of Directors. These nancial statements
were authorised for issue in accordance with a resolution by the Directors of the Company on 31 August 2018.
Brett Mitchell
Executive Chariman
Dated 31 August 2018
Directors Report
| Annual Report 2018