Notes to the Financial Statements.

For the year ended 30 June 2008

21. Capital Management

The Executive Team of the entity in consultation with the Board of Directors control the capital of the entity in order to maintain a conservative debt-to-equity ratio and to ensure that the entity can fund its operations and continue as a going concern.

The entity’s debt and capital includes financial liabilities, supported by financial assets.

There are no externally imposed capital requirements.

The Board of Directors effectively manage the entity’s capital by assessing the entity’s financial risks and adjusting its capital structure in response to changes in these risks and in the market. These responses include the management of debt levels. There have been no changes in the strategy adopted by management to control the capital of the entity since the prior year. This strategy is to ensure that there is sufficient cash to meet trade and other payables and borrowings.

22. Company Details

The registered office and the principal place of business of the company is:

Suite 9 & 15
245 Chalmers Street
REDFERN NSW 2016

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