GOVERNANCE CONTINUED
Annual reporting compliance Delta Electricity is required to report on a range of matters which are covered by various Acts, including the Annual Reports (Statutory Bodies) Act 1984, Regulations and Treasury and Premier’s memoranda. The following information is provided in accordance with these requirements.
Exemptions from the following annual reporting requirements were approved subject to the condition that comments and information relating to these items are disclosed in summarised form: - Summary Review of Operations - Management and Activities - Consumer Response
Exemption from the reporting provisions Approval was given by the NSW Treasury under delegation from the then Treasurer, the Hon. Michael Egan, MLC to exempt Delta Electricity for the year ended 30 June 1997 and subsequent financial years from the following financial reporting requirements: - Budgets - Research and Development - Land Disposal - Payment of Accounts - Time for Payment of Accounts Below: Video conferencing facilities across Delta sites help teams work effectively
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- Investment Management Performance - Liability Management Performance.
DELTA ELECTRICITY ANNUAL REPORT 2010 - 2011
- Report on Risk Management and Insurance Activities. Other exemptions were approved subject to specific conditions as follows:
Consultants The total amount spent on consultants is required to be disclosed, along with a summary of the main purposes of engagements. In 2010/2011, expenditure on consultants totalled $3.06 million. The main purposes of these engagements were for environmental assessment services, feasibility studies, finance, accounting and management services.