Qantas 2006 Annual Report Download - page 69

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67
Qantas Annual Report 2006
Directors’ Report
for the year ended 30 June 2006
NON-AUDIT SERVICES
During the year, KPMG, Qantas’ auditor, has performed certain other services in addition to its statutory duties.
The Directors are satisfied that:
(a) the non-audit services provided during the 2005/06 financial year by KPMG as the external auditor were compatible with the general standard
of independence for auditors imposed by the Corporations Act; and
(b) any non-audit services provided during the 2005/06 financial year by KPMG as the external auditor did not compromise the auditor independence
requirements of the Corporations Act for the following reasons:
(i) KPMG services have not involved partners or staff acting in a managerial or decision making capacity within the Qantas Group or being involved
in the processing or originating of transactions;
(ii) KPMG non-audit services have only been provided where Qantas is satisfied that the related function or process will not have a material bearing
on the audit procedures;
(iii) KPMG partners and staff involved in the provision of non-audit services have not participated in associated approval or authorisation processes;
(iv) a description of all non-audit services undertaken by KPMG and the related fees have been reported to the Board to ensure complete transparency
in relation to the services provided; and
(v) the declaration required by section 307C of the Corporations Act confirming independence has been received from KPMG.
A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act is included below.
Details of the amounts paid to the auditor of Qantas, KPMG, for audit and non-audit services provided during the year are set out in Note 5 to the
Financial Statements.
LEAD AUDITOR’S INDEPENDENCE DECLARATION UNDER SECTION 307C OF THE CORPORATIONS ACT 2001
To: the Directors of Qantas Airways Limited
I declare that, to the best of my knowledge and belief, in relation to the audit for the financial year ended 30 June 2006, there have been:
• no contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the audit; and
• no contraventions of any applicable code of professional conduct in relation to the audit.
KPMG Mark Epper
Sydney, 28 August 2006
ROUNDING
Qantas is a company of a kind referred to in ASIC Class Order 98/100 dated 10 July 1998 and in accordance with that Class Order, amounts in this Financial
Report and Directors’ Report have been rounded to the nearest one hundred thousand dollars unless otherwise indicated.
Signed pursuant to a Resolution of the Directors:
Margaret Jackson Geoff Dixon
Chairman Chief Executive Officer
Sydney, 28 August 2006