AWB Limited - 2004 Annual Report

More documents

Recommendations

Info

DIRECTORS' REPORT (continued) DIRECTORS' MEETINGS The number of meetings of directors (including meetings of committees of directors) held during the year and the number of meetings attended by each director were as follows: Board meetings Audit Committee meetings Group Corporate Remuneration Risk Committee meetings Committee meetings Eligible to Eligible to Eligible to Eligible to Director attend Attended attend Attended attend Attended attend Attended Brendan Stewart 14 14 8 8 6 6 5 5 Robert Barry 14 12 8 8 Andrew Lindberg 14 13 6 5 Steve Chamarette 1 7 7 3 3 Brendan Fitzgerald 14 14 4 4 3 3 Laurie Marshall 2 7 7 4 4 Xavier Martin 14 14 8 8 Warrick McClelland 14 14 8 8 Christopher Moffet 14 13 6 6 Peter Polson 14 12 6 6 5 5 Kerry Sanderson 14 13 6 5 John Simpson 14 14 5 5 John Thame 14 14 8 7 5 4 Nomination Investment Services Agreement Committee meetings Committee meetings Committee meetings Eligible to Eligible to Eligible to Director attend Attended attend Attended attend Attended Brendan Stewart 6 6 4 4 Robert Barry 6 5 4 3 Andrew Lindberg 4 4 Steve Chamarette 1 1 1 Brendan Fitzgerald 1 1 Laurie Marshall 2 1 1 Xavier Martin 3 3 Warrick McClelland 3 3 2 2 Christopher Moffet 1 1 Peter Polson 4 4 Kerry Sanderson 2 2 1 0 John Simpson 3 3 1 1 John Thame 4 3 1 1 In all cases where a director did not attend a meeting, leave of absence was granted to the director. In some cases, directors attended meetings by proxy in accordance with the constitution. 1 Elected at the 2004 Annual General Meeting. 2 Not re–elected at the 2004 Annual General Meeting. 58
DIRECTORS' INTERESTS The relevant interest of each director in the shares issued by AWB Limited, as notified by the directors to the ASX in accordance with s205G(1) of the Corporations Act 2001, at the date of this report is as follows: A class shares held in AWB Limited (number) Brendan Stewart 1 Robert Barry 1 Andrew Lindberg – Brendan Fitzgerald 1 Xavier Martin 1 Warrick McClelland 1 Christopher Moffet 1 Peter Polson – Kerry Sanderson – John Simpson 1 John Thame – Steve Chamarette 1 B class shares held in AWB Limited (number) 16,776 40,579 72,925 12,000 72,046 68,035 100,577 5,000 5,000 119,672 5,000 500 ROUNDING The amounts contained in this report and in the financial statements have been rounded off under the option available to the company under Australian Securities and Investments Commission Class Order 98/100. Amounts in this report have been rounded off in accordance with that Class Order to the nearest thousand dollars, or in certain cases, to the nearest dollar. Signed in accordance with a resolution of the directors: Brendan Stewart Chairman Sydney 24 November 2004 Andrew Lindberg Managing Director 59
Page 1 and 2:
Annual Report 2004
Page 3 and 4:
Who We Are AWB Limited (AWB) is Aus
Page 5 and 6:
Finance AWB harvest finance book pe
Page 7 and 8:
Five Year Summary 2004 2003 2002 20
Page 9 and 10: Chairman’s and Managing Director
Page 11 and 12: To continue building its capability
Page 13 and 14: Pool Management Services Highlights
Page 15 and 16: AWB National Pool participants. AWB
Page 17 and 18: Landmark Highlights Integrated Land
Page 19 and 20: the integration, Landmark has reloc
Page 21 and 22: Finance and Risk Management Highlig
Page 23 and 24: Finance Limited, a wholly owned, ba
Page 25 and 26: Grain Acquisition and Trading Highl
Page 27 and 28: through the AWB Geneva office, both
Page 29 and 30: Supply Chain & Other Investments Hi
Page 31 and 32: The Five Star Feed Mill, located on
Page 33 and 34: Our People AWB employs over 2,700 p
Page 35 and 36: More than 70% of AWB’s employees
Page 37 and 38: Our Social Commitment Together with
Page 39 and 40: Social service providers While not
Page 41 and 42: 7. Richard Fuller General Manager,
Page 43 and 44: Independence All of the current 11
Page 45 and 46: Services Agreement Committee The Se
Page 47 and 48: its observance provides the foundat
Page 49 and 50: Promotion Committee and Founding Ch
Page 51 and 52: 1. Brendan Stewart Chairman, Non-ex
Page 54 and 55: DIRECTORS' REPORT Your directors su
Page 56 and 57: DIRECTORS' REPORT (continued) REMUN
Page 58 and 59: DIRECTORS' REPORT (continued) DIREC
Page 62 and 63: STATEMENT OF FINANCIAL PERFORMANCE
Page 64 and 65: STATEMENT OF CASH FLOWS FOR THE YEA
Page 66 and 67: NOTES TO AND FORMING PART OF THE FI
Page 106 and 107: INDEPENDENT AUDIT REPORT TO THE MEM
Page 108 and 109: SHAREHOLDER COMMUNICATION FINANCIAL
Page 110 and 111:
GLOSSARY AWB Basis Pool AWB Basis P
Page 112:
Head Office 380 La Trobe Street Mel
show all

AWB Limited - 2004 Annual Report

Create successful ePaper yourself

Delete template?

Save as template?