Future developments
Disclosure of information regarding likely developments in the operations of the company in future financial years and
the expected results of those operations is likely to result in unreasonable prejudice to the company. Accordingly, this
information has not been disclosed in this report.
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 in respect of a contract insuring the directors of the company
and all executive officers of the company against a liability incurred as such a director or executive officer to the extent
permitted by the Corporations Act 2001. The contract of 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 or of any related body corporate against a liability incurred as such
an officer or auditor.
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, 13 Board meetings, 6 Finance Committee meetings, 4 Education Committee and 2
Marketing Committee meetings held.
Board of Directors
Directors
Maximum
possible
attendance Attended
Finance Committee
Maximum
possible
attendance
Attended
Audit & Risk Committee
Maximum
possible
attendance
Attended
Education Committee
Maximum
possible
attendance
Attended
Marketing Committee
Maximum
possible
attendance
Attended
Penelope Le Couteur 13 12 5 3 2 2 # # 2 2
David Bryant 13 9 5 2 2 2 # # # #
2 2 # # # #
2 - 2 2
Sarah Cordle 13 8 5 4
Serena Beirne 5 2 # #
(appointed 27 May 2008; resigned
30 September 2008)
Yooie Choi 13 9 # # 4 1 # #
Deborah Homewood 5 3 # # # # # #
David McCracken 8 6 # # 2 - 2 2
(resigned 27 May 2008)
(appointed 27 May 2008)
Melissa Potter 13 11 # # 4 4 # #
Catherine Reid 5 4 # # # # # #
Sally-Anne Reid 13 12 5 5 4 1 # #
John Schroder 8 5 # # # # # #
(resigned 27 May 2008)
(appointed 27 May 2008)
2
1
Graham Vimpani 13 8 # # 4 2 # #
Jane Ward 13 11 # # # # # #
Stuart Washington 13 8 # # # # 2 2
Lorraine Young 5 3 # # # # # #
(leave of absence from 9 August)
(resigned 27 May 2008)
# Indicates not a member of relevant committee
The auditors’ independence declaration is included on page 18 of this 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
Penny Le Couteur
Chairman, Board of Directors
Sydney, 2 April 2009
Sarah Cordle
Director
Sydney, 2 April 2009
113th Annual Report 2008
17