2017-12-12 S&O Agenda - Attachment 1 to Item 9 - Tourism Noosa Annual Report 2016-17

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 2017.
Directors
The names of each person who has been a director during the year and to the date of this report are:
   Steven McPhariin
    Erina Kilmore
    Jan Sinclair      (resigned 29 Sep 16)
    Drew Pearson
    Judi Lalor
    Elizabeth Reynolds
    John McCulloch — (resigned 25 May 2017)
    Michael Tarrant
    Wade Batty
    Mark Wilkinson    (appointed 25 Oct 16}
    Richard Stephens (appointed 25 Oct 16}
    Stephen Gregg     (appointed 22 Sep 16}
Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.

Operating Result
The profit of the company for the financial year after providing for income tax amounted to:

                Year Ended                          Year Ended
               30 June 2017                        30 June 2016
                  $3,901                             $43,954

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, twelve meetings of directors were held. Attendances by each director were as follows:
                                                                         Directors’ Meetings
                                                           No. eligible to attend      No. attended
    Steven McPharlin                                                 12                     1]
    Wade Batty                                                       \2                      Z
    Jan Sinclair                                                     4                       4
    Drew Pearson                                                     12                      8
    Judi Lalor                                                       12                     12
    Elizabeth Reynolds                                               12                     10
    John McCulloch                                                   V1                      3
    Michael Tarrant                                                  12                      9
    Erina Kilmore                                                    12                      8
    Richard Siephens                                                 8                       7
    Stephen Gregg                                                    9                       7
    Mark Wilkinson                                                   8                       5
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 2017 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.
Director       S        nw
                               Steven McPharlin
Dated this    \3      day of   Sept bmnbe-                  +    2017