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SURF LIFE SAVING AUSTRALIA ANNUAL REPORT 2007–08

SURF LIFE SAVING AUSTRALIA ANNUAL REPORT 2007–08

SURF LIFE SAVING AUSTRALIA ANNUAL REPORT 2007–08

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9. DIVIDENDS<br />

No dividends were paid or declared since the start<br />

of the fi nancial year. The Directors do not recommend<br />

the payment of a dividend in respect of the year ended<br />

30 June 2008.<br />

10. INDEMNIFICATION OF OFFICERS<br />

AND AUDITORS<br />

The company has not otherwise, during or since the<br />

fi nancial year, indemnifi ed or agreed to indemnity an offi cer<br />

or auditor of the company or of any related body corporate<br />

against a liability incurred as such an offi cer or auditor.<br />

11. OPTIONS<br />

No options over issued share or interests in the entity were<br />

granted during or since the end of the fi nancial year and<br />

there were no options outstanding at the date of this report.<br />

12. DIRECTORS' BENEFITS<br />

Neither since the end of the fi nancial year nor during the<br />

fi nancial year has a Director received or become entitled<br />

to receive a benefi t (other than a benefi t included in the<br />

aggregate amount of emoluments received or due and<br />

receivable by Directors shown in the fi nancial statements,<br />

or the fi xed salary of a full-time employee of the company<br />

or of a related body corporate) by reason of a contract<br />

made by the company or a related body corporate with<br />

a Director or with a fi rm of which the Director is a member,<br />

or a company in which the Director has a substantial<br />

fi nancial interest.<br />

<strong>SURF</strong> <strong>LIFE</strong> <strong>SAVING</strong> <strong>AUSTRALIA</strong> LIMITED AND ITS CONTROLLED ENTITIES—ACN 003 147 180<br />

13. AUDITOR’S INDEPENDENCE<br />

DECLARATION<br />

The Directors received the attached independence<br />

declaration from the lead auditor of Surf Life Saving<br />

Australia Limited.<br />

This Directors' report is made and signed in accordance<br />

with a resolution of the Directors.<br />

Ronald Edwin Rankin AM Peter Brian George AM<br />

Director Director<br />

Sydney, 25 September 2008<br />

SECTION 03—FINANCIAL STATEMENTS<br />

61

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