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Wool Stocktake : AWI Annual Report 2012-13
AWI's Constitution does not allow the company to pay any dividend. The entity's operations are not subject to any particular or significant environmental regulations under either Commonwealth or State legislation. In addition to annual reporting requirements, there are further reporting requirements imposed upon the parent company under the Statutory Funding Agreement between Australian Wool Innovation Limited and The Commonwealth of Australia. A number of the matters identified in this report contain commercial in confidence information and the company has elected to exercise its prerogative to provide that report separately to the Commonwealth on an in confidence' basis. A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out on page 48. The company is of a kind referred to in Class Order 98/100, issued by the Australian Securities and Investments Commission, relating to the 'rounding off' of amounts in the directors' report. Amounts in the directors' report have been rounded off in accordance with that Class Order to the nearest thousand dollars, or in certain cases, to the nearest dollar. PricewaterhouseCoopers continues in office in accordance with section 327 of the Corporations Act 2001. Mr W B Merriman (Chairman) Director Sydney 15 August 2013 FINANCIAL REPORT
AWI Annual Report 2013-14
AWI Annual Report 2011-12