2019-12-10 S&O Agenda - Item 7 - Attachment 1 - TN Annual Report-2018-19

24th   October




                 1

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 2019.
Directors
The names of each person who has been a director during the year and to the date of this report are:
    Steven McPharlin              (resigned 25 Oct 2018)
    Erina Kilmore
    Darren McClenaghan
    Drew Pearson
    Elizabeth Reynolds
    Michelle Mason
    Mark Wilkinson
    Richard Stephens
    Nick Heath
    Dan Neylan                     (appointed 24th October 2018)
    Terri Waller                   (appointed 24th October 2018)
    Louise Formosa                 (appointed 241th October 2018)
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 2019                        30 June 2018
                  $89,078                             $169,475

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                                                  5                        s
    Erina Kilmore                                                     12                       9
    Darren McClenaghan                                                12                      10
    Drew Pearson                                                      12                      10
    Elizabeth Reynolds                                                12                      10
    Michelle Mason                                                    12                      11
    Mark Wilkinson                                                    12                       8
    Richard Stephens                                                  12                      10
    Nick Heath                                                        12                      10
    Dan Neylan                                                        7                        5
    Terri Waller                                                      a                        5
    Louise Formosa                                                    7                        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 2019 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.

                            eee
 Director                                                eee
                                  Drew Pearson

 Datedthis     24th    dayof    October                           2019