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## 30 June 2014 Directors’ Report 

## INDEMNITY AND INSURANCE OF AUDITOR 

The Company has not, during or since the financial year, indemnified or agreed to indemnify the auditor of the Company or any related entity against a liability incurred by the auditor. 

During the financial year, the Company has not paid a premium in respect of a contract to insure the auditor of the Company or any related entity. 

## PROCEEDINGS ON BEHALF OF THE COMPANY 

No person has applied to the Court under section 237 of the Corporations Act 2001 for leave to bring proceedings on behalf of the Company, or to intervene in any proceedings to which the Company is a party for the purpose of taking responsibility on behalf of the Company for all or part of those proceedings. 

## NON-AUDIT SERVICES 

Details of the amounts paid or payable to the auditor for non-audit services provided during the financial year by the auditor are outlined in note 37 to the financial statements. 

The directors are satisfied that the provision of non-audit services during the financial year, by the auditor (or by another person or firm on the auditor’s behalf), is compatible with the general standard of independence for auditors imposed by the Corporations Act 2001. 

The directors are of the opinion that the services as disclosed in note 37 to the financial statements do not compromise the external auditor’s independence requirements of the Corporations Act 2001 for the following reasons: 

• all non-audit services have been reviewed and approved to ensure that they do not impact the integrity and objectivity of the auditor; and 

• none of the services undermine the general principles relating to auditor independence as set out in APES 110 Code of Ethics for Professional Accountants issued by the Accounting Professional and Ethical Standards Board, including reviewing or auditing the auditor’s own work, acting in a management or decision-making capacity for the Company, acting as advocate for the Company or jointly sharing economic risks and rewards. 

## OFFICERS OF THE COMPANY WHO ARE FORMER AUDIT PARTNERS OF RSM BIRD CAMERON PARTNERS 

There are no officers of the Company who are former audit partners of RSM Bird Cameron Partners. 

## ROUNDING OF AMOUNTS 

The Company is of a kind referred to in Class Order 98/100, issued by the Australian Securities and Investments Commission, relating to ‘rounding-off’. Amounts in this report have been rounded off in accordance with that Class Order to the nearest thousand dollars, or in certain cases, the nearest dollar. 

## AUDITOR’S INDEPENDENCE DECLARATION 

A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is set out on the following page. 

## AUDITOR 

RSM Bird Cameron Partners continues in office in accordance with section 327 of the Corporations Act 2001. 

This report is made in accordance with a resolution of directors, pursuant to section 298(2)(a) of the Corporations Act 2001. 

On behalf of the directors 

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14 August 2014 Perth 

