Qantas 2006 Annual Report Download - page 142

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140
Directors’ Declaration
1. In the opinion of the Directors of Qantas Airways Limited (Qantas):
(a) the Financial Statements and Notes, and the Remuneration Disclosures set out on pages 57 to 66 of the Remuneration Report in the Directors’ Report
are in accordance with the Corporations Act 2001, including:
i. complying with Australian Accounting Standards and the Corporations Regulations; and
ii. giving a true and fair view of the financial position of Qantas and the Qantas Group as at 30 June 2006 and of their performance as represented
by the results of their operations and their cash flows, for the year ended on that date; and
(b) the remuneration disclosures that are included on pages 57 to 66 of the Remuneration Report in the Directors’ Report comply with Australian
Accounting Standard AASB 124 Related Party Disclosures; and
(c) there are reasonable grounds to believe that Qantas will be able to pay its debts as and when they become due and payable.
2. There are reasonable grounds to believe that Qantas and the controlled entities identified in Note 26 will be able to meet any obligations or liabilities to
which they are or may become subject to by virtue of the Deed of Cross Guarantee between Qantas and those controlled entities entered pursuant to ASIC
Class Order 98/1418.
3. The Directors have been given the declarations required by section 295A of the Corporations Act 2001 from the Chief Executive Officer and the Chief
Financial Officer for the year ended 30 June 2006.
Signed in accordance with a Resolution of the Directors:
Margaret Jackson Geoff Dixon
Chairman Chief Executive Officer
Sydney, 28 August 2006
Directors’ Declaration