2004-05 Annual Report - Australia Post

Australia Post Annual Report 2004/05 Financial and Statutory Reports
Statements by directors
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STATEMENTS BY DIRECTORS
FOR THE YEAR ENDED 30 JUNE 2005
2004–05 FINANCIAL STATEMENTS
In the opinion of the directors:
(a) the accompanying financial statements for the year ended 30 June 2005:
(i) give a true and fair view of the matters required by the Finance Minister’s Orders made under the
Commonwealth Authorities and Companies Act 1997; and
(ii) have been prepared based on properly maintained financial records; and
(b) at the date of this statement, there are reasonable grounds to believe that the corporation will be
able to pay its debts as and when they fall due.
This statement is made in accordance with a resolution of the directors.
L B Nicholls G T John
Chairman Managing Director
Melbourne
25 August 2005
2004–05 FINANCIAL STATEMENTS CERTIFICATION
Prior to the adoption of the 2004–05 financial statements the board received and considered a written
statement from the managing director and chief finance officer to the effect:
– that the statements presented a true and fair view, in all material respects, of the corporation and
the consolidated entity’s financial position and performance and were in accordance with applicable
Accounting Standards and other mandatory professional reporting requirements in Australia as required
by the Finance Minister’s Orders under the Commonwealth Authorities and Companies Act 1997; and
– that the integrity of the financial statements and notes thereto are founded on a sound system of risk
management, internal compliance and control that operated effectively and efficiently in all material
respects, consistent with the Australian Standard on Risk Management (AS/NZS 4360:2004) and policies
adopted by the Board of Directors.
L B Nicholls
Chairman
Melbourne
25 August 2005
2004–05 REPORT OF OPERATIONS
In the opinion of the directors, the requirements under section 9 of the Commonwealth Authorities and
Companies Act 1997 for the preparation and content of the “Report of Operations” as specified in orders
issued by the Minister for Finance and Administration are met in the general body of this report (p. 1–59)
and in the Statutory Report (p. 110–115).
This statement is made in accordance with a resolution of the directors.
L B Nicholls
Chairman
Melbourne
25 August 2005