Endeavour Energy Annual Performance Report - Parliament of New ...
Endeavour Energy Annual Performance Report - Parliament of New ...
Endeavour Energy Annual Performance Report - Parliament of New ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
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