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Notes to and forming part of the Financial Statements
For the year ended 30 June 2006
In this section:
- Note 1: Summary of Significant Accounting Policies
- Note 2: The impact of the transition to AEIFRS from previous AGAAP
- Note 3: Economic Dependency
- Note 4: Events Occuring After Reporting Date
- Note 5: Income
- Note 6: Operating Expenses
- Note 7: Financial Assets
- Note 8: Non-Financial Assets
- Note 9: Provisions
- Note 10: Payables
- Note 11: Cash Flow Reconciliation
- Note 12: Director Remuneration
- Note 13: Related Party Disclosures
- Note 14: Executive Remuneration
- Note 15: Remuneration of Auditors
- Note 16: Average Staffing Levels
- Note 17: Financial Instruments
- Note 18: Reporting of Outcomes
- Note 19: Joint Venture
Note 13: Related Party Disclosures
The following persons were Directors of the Grains Research and Development Corporation during the year:
- Mr T.J. Enright (Chairman)
- Ms C. Hawkins (Deputy Chairman - term finished 30/9/05)
- Mr R. Johns (Deputy Chairman - reappointed 1/10/2005)
- Mr R. Pittar (Government Director - resigned 31/7/05)
- Mr Russell Phillips (Government Director - appointed 31/8/05)
- Dr A. Fischer (term finished 30/9/05)
- Dr R. Lucas (term finished 30/9/05)
- Ms Nicole Birrell (appointed 1/10/05)
- Mr Steve Marshall (appointed 1/10/05)
- Dr D. Plowman (reappointed 1/10/05)
- Prof. Timothy Reeves (appointed 1/10/05)
- Mr Philip Young (appointed 1/10/05)
- Mr P. Reading (Executive Director)
Several directors of the Corporation hold directorships with other companies. All transactions between the Corporation and companies with a Director common to the Corporation are conducted using commercial and arms-length principles.
The aggregate remuneration of Directors is disclosed in Note 12.