Annual Report 99/00 - InvestorInfo

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Directors’ Report (continued) No shares have been issued by virtue of the exercise of a directors’ option for the year ended 30 June 2000, and there are 960,000 unissued ordinary shares for which directors’ options are outstanding at the date of this report. DIRECTORS’ MEETINGS The number of Directors’ meetings and the number of meetings attended by each of the Directors during the financial year is summarised in the table below: Board meetings Directors Date appointed Eligible to attend Attended G M Bright 27/07/1999 16 16 K J Kelly 27/07/1999 16 16 H N Selvaratnam 29/09/1999 11 10 S A Williams 29/09/1999 11 11 S R Williams 09/03/2000 7 7 DIRECTORS’ REMUNERATION The table below sets out the remuneration for Directors for the financial year ended 30 June 2000. The Constitution provides for Directors, other than executive Directors, to be paid a maximum sum of $250,000 for their services. No Directors received Director’s fees. Superannuation Directors’ Total Directors Base Salary Contributions Fees Other Remuneration $ $ $ $ $ G M Bright 146,242 7,054 - - 153,296 K J Kelly 157,141 7,233 - - 164,374 H N Selvaratnam - - - - - S A Williams - - - - - S R Williams - - - - - Total 303,383 14,287 - - 317,670 Signed in accordance with a resolution of the Board of Directors. Stephen R Williams Kieran J Kelly Chairman Managing Director Dated this Friday 18 th of August, 2000. 11
PROFIT AND LOSS STATEMENT FOR THE YEAR ENDED 30 JUNE 2000 2000 1999 Operating profit before income tax 588,676 - Income tax attributable to operating profit 210,954 - Operating profit after income tax 377,722 - Retained profits at the beginning of the financial period - - Total available for appropriation 377,722 - Dividends paid or proposed - - Retained profits at end of the financial period 377,722 - The profit and loss statement is to be read in conjunction with the discussion and analysis and notes to the concise financial statements. 12
Page 1 and 2: 2000 Annual Report to Shareholders
Page 3 and 4: able to attract and retain high qua
Page 5 and 6: CONCISE FINANCIAL REPORT Financial
Page 7 and 8: The Audit Committee: The company ha
Page 9 and 10: Directors’ Report (continued) INF
Page 11: Directors’ Report (continued) AFT
Page 15 and 16: STATEMENT OF CASH FLOWS FOR THE YEA
Page 17 and 18: NOTES TO THE CONCISE FINANCIAL STAT
Page 19 and 20: Scope INDEPENDENT AUDIT REPORT ON T
Page 21 and 22: SHAREHOLDER INFORMATION (continued)

Annual Report 99/00 - InvestorInfo

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