Annual Report 2011 - TIO

Territory Insurance OfficeBoard Members’ ReportChief Executive Officerand Board Members' StatementThe Chief Executive Officer and members of the Board are of the opinion that to the best oftheir belief:The Statement of Comprehensive Income, the Statement of Financial Position, theStatement of Changes in Equity, the Statement of Cash Flows and Notes to theFinancial Statements of the Territory Insurance Office are drawn up so as to presentfairly TIO and the MAC Fund’s financial position as at 30 June 2011 and theirperformance for the year ended on that date.The financial statements are drawn up in accordance with Australian Accounting Standardsand Interpretations, International Financial Reporting Standards, other mandatoryprofessional reporting requirements, and the Territory Insurance Office Act, as amended.R M HardingChief Executive OfficerB J CarterChairman of the BoardJ F HandDeputy Chairman of the Board16 September 2011TIO Annual Report 2010/2011 31