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SYDNEY PORTS CORPORATION ANNUAL REPORT 12

SYDNEY PORTS CORPORATION ANNUAL REPORT 12

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Sydney PortS CorPoration<br />

direCtorS’ deCLaration<br />

In the opinion of the Directors of Sydney Ports Corporation:<br />

1. Pursuant to section 41C (1B) and (1C) of the Public Finance and Audit Act 1983, the accompanying financial statements<br />

and notes:<br />

(a) exhibit a true and fair view of the financial position of the Corporation at 30 June 20<strong>12</strong> and of its performance, as<br />

represented by the results of its operations and its cash flows for the year ended on that date.<br />

(b) comply with applicable Australian Accounting Standards and Australian Accounting Interpretations, other<br />

mandatory and statutory reporting requirements including the Public Finance and Audit Act 1983, the Public Finance<br />

and Audit Regulation 2010 and the State Owned Corporations Act 1989.<br />

2. There are reasonable grounds to believe that the Corporation will be able to pay its debts as and when they become<br />

due and payable; and<br />

3. Pursuant to Clause 7 of the Public Finance and Audit Regulation 2010, we are not aware of any circumstances at the date<br />

of this declaration that would render any particulars included in the financial statements to be misleading or<br />

inaccurate.<br />

Signed in accordance with a resolution of the Directors.<br />

Chairman Director<br />

B. T. Smith T. Yassine<br />

Date: 21 September 20<strong>12</strong> Date: 21 September 20<strong>12</strong><br />

Sydney PortS CorPoration finanCial rePort 2011/<strong>12</strong> 85

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