Directors' Report 2001 - Internet Society of Australia
The Directors present their report for the year ended 30 June 2001.
Directors
The Directors of the company in office at the date of this report are:
Name Position
Ms Gunela Astbrink Director
Mr George Fong Honorary Secretary
Ms Anne Greiner Honorary Treasurer
Mr Simon Hackett Director
Dr Kate Lance Director
Mr Andrew McRae Vice-President
Mr Leni Mayo Director
Mr George Michaelson Director
Dr Erica Roberts Director
Mr David Thompson Director
Mr Greg Watson President
Directors' Meetings
The number of directors' meetings (including meetings of committees of
directors) and number of meetings attended by each of the directors of
the company during the financial year are:
Director Directors Meeting
A B
Ms Gunela Astbrink (elected Nov.2000) 4 4
Mr George Fong 5 9
Ms Anne Greiner 6 8
Mr Simon Hackett 6 9
Dr Kate Lance 7 9
Mr Andrew McRae 6 9
Mr Leni Mayo 8 9
Mr George Michaelson 9 9
Dr Erica Roberts 3 9
Ms Tamzin Taylor (elected/resigned during year) 1 2
Mr David Thompson 7 9
Mr Greg Watson 7 9
A - Number of meetings attended
B - Number of meetings held during the time the director held office
during the year
Principal Activity
The principal activity of the company is to act as a representative
body for its members on Internet issues.
Net Results
The net operating surplus/(deficit) for the year was $(8,272.83)
(2000 - $25,224.51).
Review of Operations
The company appointed an executive director in March 2000 to actively
promote the society and increase membership.
State of Affairs
In the opinion of the directors there were no significant changes in
the state of affairs of the company that occurred during the financial
year under review not otherwise disclosed in this report or the
financial statements.
Events Subsequent to Balance Date
There has not arisen in the interval between the end of the financial
year and the date of this report any item, transaction or event of a
material and unusual nature likely, in the opinion of the directors of
the company, to affect significantly the operations of the company, the
results of those operations or the state of affairs of the company in
subsequent financial years.
Likely Developments
The company will continue to seek increased sponsorship. The society
will continue be involved in participation in Federal/State
departmental enquiries and submissions to Senate review/inquiries.
Directors' Interests & Benefits
Since the end of the previous financial year no director of the company
has received or become entitled to receive any benefit (other than a
benefit included in the aggregate amount of remuneration received or
due and receivable by directors shown in the company's accounts) by
reason of a contract made by the company or a related body corporate
with the director, a firm of which the director is a member, or a
company in which the director has a substantial financial interest.
Indemnification and insurance of Officers & Auditors
Clause 99 of the company's Articles of Association requires that any
officer of the company be indemnified for any liabilities to another
person that may arise from their position as such officer.
No director's liability insurance premiums have been paid by the company.
Dated at ............... this ................ day of .............. 2001
Signed in accordance with a resolution of the directors:
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Director
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Director