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Challenger TAFE | Annual Report 2006 - Parliament of Western ...

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112 <strong>Challenger</strong> <strong>TAFE</strong> | <strong>Annual</strong> <strong>Report</strong> <strong>2006</strong><br />

<strong>Challenger</strong> <strong>TAFE</strong><br />

NOTES TO THE FINANCIAL STATEMENTS<br />

FOR THE YEAR ENDED 31 DECEMBER <strong>2006</strong><br />

Net Fair Values<br />

The carrying amount <strong>of</strong> fi nancial assets and fi nancial liabilities recorded in the fi nancial statements are<br />

not materially different from their net fair values.<br />

39 Remuneration <strong>of</strong> Members <strong>of</strong> the Accountable Authority and Senior Offi cers<br />

Remuneration <strong>of</strong> members <strong>of</strong> the Accountable Authority<br />

The number <strong>of</strong> members <strong>of</strong> the Accountable Authority whose total fees, salaries, superannuation and<br />

other benefi ts for the fi nancial year, fall within the following bands are:<br />

<strong>2006</strong> 2005<br />

$ $<br />

$<br />

$0 - $10,000 10 10<br />

$10,001 - $20,000 1 -<br />

$100,001 - $110,000 1 -<br />

$150,001 -$160,000 - 1<br />

$190,001 -$200,000 1 -<br />

The total remuneration <strong>of</strong> the members <strong>of</strong> the Accountable Authority is: 317,830 155,797<br />

The total remuneration includes the superannuation expense incurred by the Authority<br />

in respect <strong>of</strong> members <strong>of</strong> the Accountable Authority.<br />

No members <strong>of</strong> the Accountable Authority are members <strong>of</strong> the Pension Scheme.<br />

Remuneration <strong>of</strong> Senior Offi cers<br />

The number <strong>of</strong> Senior Offi cers other than senior <strong>of</strong>fi cers reported as members <strong>of</strong> the<br />

Accountable Authority, whose total fees, salaries, superannuation and other benefi ts receivable<br />

for the fi nancial year, fall within the following bands are:<br />

$<br />

$30,001 - $40,000 1 -<br />

$90,001 - $100,000 1 -<br />

$100,001 - $110,000 1 1<br />

$110,001 - $120,000 1 3<br />

$120,001 - $130,000 2 1<br />

$130,001 - $140,000 - 1<br />

The total remuneration <strong>of</strong> senior <strong>of</strong>fi cers is: 600,524 578,861<br />

The total remuneration includes the superannuation expense incurred by the Authority in<br />

respect <strong>of</strong> Senior Offi cers other than Senior Offi cers reported as members <strong>of</strong> the Accountable Authority.<br />

No Senior Offi cers are members <strong>of</strong> the Pension Scheme.<br />

40 Remuneration <strong>of</strong> auditor<br />

Remuneration to the Auditor General for the fi nancial year is as follows 71,000 64,500<br />

Auditing the accounts, fi nancial statements and performance indicators 71,000 64,500<br />

41 Related Bodies<br />

The College has no related bodies.

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