2018-12-11 S&O Agenda - Attachment 1 to Item 20 - Tourism Noosa Annual Report 2017-2018

TOURISM NOOSA LTD
                                                 ABN: 45 097 924 199
                                                  DIRECTORS’ REPORT
 Your directors present this report on the company for the financial year ended 30 June 2018.
 Directors
 The names of each person who has been a director during the year and fo the date of this report are:
    Steven McPharlin
    Erina Kilmore
    Darren McClenaghan              (appointed 25 Oct 2017)
    Drew Pearson
    Judi Lalor                      (resigned 21 Sept 2018)
    Elizabeth Reynolds
    Michelle Mason                  (appointed 25 Oct 2017)
    Michael Tarrant                 (resigned 25 Oct 2017)
    Wade Batty                     (resigned 30 June 2018)
    Mark Wilkinson
    Richard Stephens
    Nick Heath                     (appointed 25 Oct 2017)
    Stephen Gregg                  (resigned 8 Aug 2017)
 Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.
 Operating Result
 The operating surplus of the company for the financial year after providing for income tax amounted to:
                 Year Ended                           Year Ended
                 30 June 2018                        30 June 2017
                  $169,475                              $3,901
 Principal Activities
 The principal activity of the entity during the financial year was the management and marketing of Noosa as a tourism
 destination.
There were no significant changes in the nature of the company’s principal activities during the financial year.
Meetings of Directors
 During the financial year, nine meetings of directors were held. Attendances by each director were as follows:
                                                                           Directors' Meetings
                                                              No. eligible to attend      No. attended
    Steven McPharlin                                                   9                        8
    Wade Batty                                                         9                        7
    Darren McClenaghan                                                 6                        6
    Drew Pearson                                                       9                        7
    Judi Lalor                                                         9                        7
    Elizabeth Reynolds                                                 9                        9
    Michelle Mason                                                     6                        6
    Michael Tarrant                                                    3                        ]
    Erina Kilmore                                                      9                        7
    Richard Stephens                                                   9                        6
    Nick Heath                                                         6                        6
    Stephen Gregg                                                      ]                        0
    Mark Wilkinson                                                     9                        6
The company is incorporated under the Corporations Act 2001 and is a company limited by guarantee. If the company is
wound up, the constitution states that each member is required to contribute a maximum of $10 each towards meeting
any outstanding obligations of the company.
Auditor's Independence Declaration
The auditor's independence declaration for the year ended 30 June 2018 has been received and can be found on page
2 of the financial report.
Signed in accordance with a resolution of the Board of Directors.
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Director    _~_>—"*       *       Ss,               -    —~        a
                                Steven McPharlin
              1O         y       Ockober
Dated this            day of                                       2018