Canberra Southern Cross Club Ltd Annual Report 2011 â€“ 2012
Dividends In accordance with the constitution, the company is a company limited by guarantee to the extent of $2.00 per member, and accordingly no shares or debentures have been issued and no dividends have been recommended or paid since the start of the financial year.
Review of operations Operations comprised the running of licensed club facilities and the provision of member services.
Significant changes in the state of affairs
Likely developments and expected results of operations Disclosure of information regarding likely developments in the operations of the consolidated entity in future financial years and the expected results of those operations is likely to result in unreasonable prejudice to the consolidated entity. Accordingly, this information has not been disclosed in this report.
Environmental regulation The Club is not subject to any significant environmental regulations.
During the financial year there was no significant change in the state of affairs of the consolidated entity other than that referred to in the financial statements or notes thereto.
Matters subsequent to the end of the financial year There has not been any matter or circumstance that has arisen since the end of the financial year, that has significantly affected, or may significantly affect, the operations of the consolidated entity, the results of those operations, or the state of affairs of the consolidated entity in future financial years.
Canberra Southern Cross Club Annual Report 2011-2012