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ICON ENERGY LIMITED
2015 Annual Report ABN 61 058 454 569
DIRECTORS’ REPORT
EVENTS AFTER THE BALANCE DATE
Other than the above transactions there has not arisen in the interval between 30 June 2015 and the date of this report,
any item, transaction or event of a material or unusual nature likely in the opinion of the Directors, to affect substantially the
operations or state of affairs of the consolidated entity in subsequent financial years unless otherwise noted in the Annual
Report.
CORPORATE STRATEGIES AND FUTURE DEVELOPMENTS
Reference to corporate strategies and future development is included in the Chairman’s and Managing Director’s Report.
Other than matters included in this Report or elsewhere in the Annual Report, likely developments in the operations of the
consolidated entity and expected results of those operations have not been disclosed as the Directors believe that the
inclusion would most likely result in unreasonable prejudice to the Company (in accordance with Section 299A(3) of the
Corporations Act 2001).
FINANCIAL POSITION
The net loss after tax for the Company and its controlled entities for the financial year ended 30 June 2015 was $5,863,547
(30 June 2014: $1,017,551). Further information on the company’s financial position is included in the Chairman’s and
Managing Director’s Report.
DIVIDENDS
The Directors recommend that no dividend be paid by the Company. No dividends have been declared or paid by the
Company since the end of the previous financial year (30 June 2014: Nil).
REMUNERATION REPORT
The Remuneration Report for the financial period which forms part of the Director’s Report can be found on page 38 of this
Annual Report.
COMPANY SECRETARY
Dr Kevin Jih was appointed as Company Secretary on 13 May 2015. Details of Dr Jih’s qualifications and experience are set
out in the Board of Directors section of this Annual Report.
MEETINGS OF DIRECTORS
During the financial period, sixteen meetings of Directors (including committees) were held. Attendances at these meetings
by each director were as follows:
