Financial Report Template (Page 75 of 80) in pdf

Financial Report Template Page 75

DIRECTORS’ DECLARATION

In accordance with a resolution of the directors of Shine Corporate Limited, the directors of the company declare that:

1. the financial statements and notes, as set out on pages 20 to 72, are in accordance with the Corporations Act 2001 and:

(a)

comply with Australian Accounting Standards, which, as stated in accounting policy Note 1 to the financial statements,

constitutes compliance with International Financial Reporting Standards (IFRS); and

(b)

give a true and fair view of the financial position as at 30 June 2015 and of the performance for the year ended on that date

of the consolidated group;

in the directors’ opinion there are reasonable grounds to believe that the company will be able to pay its debts as and when they

become due and payable; and

the directors have been given the declarations required by section 295A of the Corporations Act 2001 from the Chief Executive

Officer and Chief Financial Officer.

The company and its wholly-owned subsidiaries listed in note 17, have entered into a deed of cross guarantee under which the

company and its subsidiaries guarantee the debts of each other.

At the date of this declaration, there are reasonable grounds to believe that the companies which are party to this deed of cross

guarantee will be able to meet any obligations or liabilities to which they are, or may become, subject to by virtue of the deed.

Simon Morrison

Managing Director

Tony Bellas

Chair

Dated this 27th day of August 2015

Financial Report Template Page 75