Dividends
KU Children’s Services is a company limited by guarantee. It is prohibited by its Constitution from paying dividends to members.
Indemnification of officers and auditors
During the financial year, the company paid a premium insuring the Directors of the company and all executive officers
of the company, against a liability incurred as a Director or executive officer to the extent permitted by the Corporations
Act 2001. The insurance prohibits disclosure of the nature of the liability and the amount of the premium. The company
has not otherwise, during or since the financial year, indemnified or agreed to indemnify an officer or auditor of the
company against a liability incurred.
Directors’ Meetings
The following table sets out the number of Directors’ meetings (including meetings of committees of Directors) held
during the financial year and the number of meetings attended by each Director (while they were a Director or committee
member). During the financial year, 8 Board meetings, 3 Audit & Risk Management Committee meetings, 2 Governance
Committee and 1 KU Marcia Burgess Foundation Committee meetings were held.
Board of Directors
Audit & Risk Management
Committee
KU Marcia Burgess Foundation
Committee
Governance Committee
Directors Maximum
possible
attendance Attended Maximum
possible
attendance Attended Maximum
possible
attendance Attended Maximum
possible
attendance Attended
Penelope Le Couteur 3 3 1 - # # # #
Greg Bittar 5 4 2 2 # # # #
David Bryant 8 8 1 1 # # # #
Yooie Choi 4 2 # # # # # #
Sarah Cordle 2 2 1 1 # # # #
Anthea Green 5 4 # # # # 1 1
(appointed 27 May 2009) Borislav Kotic 5 2 2 1 # # # #
David McCracken 8 5 # # # # 1 1
(resigned 27 May 2009)
(appointed 27 May 2009)
(resigned 4 August 2009)
(resigned 30 April 2009)
(appointed 27 May 2009)
Melissa Potter 8 8 # # 2 2 # #
Sally-Anne Reid 8 7 3 3 # # 1 1
John Schroder 2 2 # # # # # #
(resigned 30 June 2009)
Jane Ward 8 8 1# 1 2 1 # #
Stuart Washington 6 6 # # 2 2 # #
Graham Vimpani 8 7 # # # # # #
(leave of absence Sept 2008 to April 2009)
# Indicates not a member of relevant committee.
The auditors’ independence declaration is included on page 4 of the financial report.
Signed in accordance with a resolution of the Directors made pursuant to s 298(2) of the Corporations Act 2001.
On behalf of the Directors
David Bryant
Chairman, Board of Directors
Sydney, 30th March2010
Borislav Kotic
Director, Chair Audit
& Risk Management Committee
Sydney, 30th March 2010
114th Annual Report 2009
17