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71
QANTAS ANNUAL REPORT 2013
Directors’ Report
FOR THE YEAR ENDED 30 JUNE 2013
The Directors of Qantas Airways Limited (Qantas) present
their Report together with the Financial Statements of the
consolidated entity, being Qantas and its controlled entities
(Qantas Group), for the year ended 30 June 2013 and the
Independent Audit Report thereon.
DIRECTORS
The Directors of Qantas at any time during or since the end
of the year are:
Leigh Clifford, AO
Alan Joyce
Maxine Brenner (appointed 29 August 2013)
Peter Cosgrove, AC, MC
Patricia Cross
Richard Goodmanson
Jacqueline Hey (appointed 29 August 2013)
Garry Hounsell
William Meaney
Corinne Namblard (resigned 24 February 2013)
Paul Rayner
John Schubert, AO (retired 2 November 2012)
James Strong, AO (ceased 3 March 2013)
Barbara Ward, AM
Details of current Directors, their qualications, experience
and any special responsibilities, including Qantas Committee
Memberships, are set out on pages 50 to 53.
PRINCIPAL ACTIVITIES
The principal activities of the Qantas Group during the course
of the year were the operation of international and domestic air
transportation services, the provision of freight services and the
operation of a Frequent Flyer loyalty program. There were no
signicant changes in the nature of the activities of the Qantas
Group during the year.
DIVIDENDS
No nal dividend will be paid in relation to the year ended
30June 2013 (2012: nil nal dividend). No interim dividend was
paid during the year.
SIGNIFICANT CHANGES IN STATE OF AFFAIRS
In the opinion of the Directors, there were no signicant
changes in the state of affairs of the Qantas Group that
occurred during the year under review.
REVIEW OF OPERATIONS
A review of, and information about, the Qantas Group’s
operations, including the results of those operations during
the year together with information about the Group’s nancial
position appear on pages 54 to 63.
The Qantas Group’s strategies, prospects for future nancial
years and material business risks have been included in the
Review of Operations to the extent that they are not likely to
result in unreasonable prejudice to the Qantas Group. In the
opinion of the Directors, detail that could be unreasonably
prejudicial to the interests of the Qantas Group, for example,
information that is commercially sensitive, condential or
couldgive a third party a commercial advantage have not
beenincluded.
EVENTS SUBSEQUENT TO BALANCE DATE
Refer to page 158 for events which occurred subsequent to
balance date. Other than the matters disclosed on page 158,
since the end of the year and to the date of this report no other
matter or circumstance has arisen that has signicantly affected
or may signicantly affect the Qantas Group’s operations, results
of those operations or state of affairs in future years.