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Endeavour Energy Annual Performance Report - Parliament of New ...

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09<br />

Financial<br />

statements<br />

Notes to the Financial Statements<br />

For the year ended 30 June 2011<br />

24 Events After the Balance Sheet Date<br />

There has not arisen, in the interval between the end <strong>of</strong> the financial period and the date <strong>of</strong> this statement, an event<br />

<strong>of</strong> a material and unusual nature likely, in the opinion <strong>of</strong> the Directors <strong>of</strong> the Corporation, to affect significantly the<br />

operations <strong>of</strong> the economic entity, the results <strong>of</strong> those operations, or the state <strong>of</strong> affairs <strong>of</strong> the economic entity, in<br />

subsequent financial years.<br />

25 Auditor’s Remuneration<br />

2011<br />

$’000<br />

2010<br />

$’000<br />

Amounts received or due and receivable by the Auditor-General for:<br />

– Auditing the Financial Statements 367 318<br />

– Australian Financial Services Licence audit 8 8<br />

Total auditor’s remuneration 375 326<br />

26 Key Management Personnel<br />

(a) Directors’ Appointments<br />

<strong>New</strong> Appointments<br />

Ron Quill (appointed 21 December 2010)<br />

Re-appointment<br />

Michael McLeod (re-appointed 1 September 2010)<br />

Terry Downing (re-appointed 1 September 2010)<br />

Paul Sinclair (re-appointed 16 October 2010)<br />

Penny Le Couteur (re-appointed 31 May 2011)<br />

Continuing Directors<br />

John Fahey<br />

Vince Graham (Chief Executive Officer – Executive Director)<br />

(b) Key Management Personnel Remuneration<br />

Short-term<br />

employee<br />

benefits<br />

$’000<br />

Post<br />

employment<br />

benefits<br />

$’000<br />

Other<br />

long-term<br />

benefits*<br />

$’000<br />

Termination<br />

benefits<br />

$’000<br />

Total<br />

$’000<br />

Executive 3,227 214 537 43 4,021<br />

Directors 426 38 – – 464<br />

2011 Total remuneration 3,653 252 537 43 4,485<br />

Executive 3,073 203 – – 3,276<br />

Directors 395 36 – – 431<br />

2010 Total remuneration 3,468 239 – – 3,707<br />

* Other long-term benefit payments relate to the payout <strong>of</strong> pre-93 sick leave.<br />

90

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