text: relationships between the 
  auditors and the Company and 
  confirming compliance with all 
  professional and regulatory 
  requirements relating to 
  auditor independence; and 
  
  • the Consolidated Financial 
  
  • referring matters of concern to 
  the Board, as appropriate, and 
  considering issues which may 
  impact on the financial reports 
  of the Company. 
  
  Report is founded on a sound 
  system of risk management 
  and internal compliance and 
  control systems, which 
  implements the policies 
  adopted by the Board; and 
  
  • the Company’s risk 
  
  management and internal 
  control systems, to the extent 
  they relate to financial 
  reporting, are operating 
  efficiently and effectively in 
  all material respects. 
  
  The Board has in place a number 
  of arrangements and internal 
  controls intended to identify 
  and manage areas of significant 
  business risk. These include 
  the maintenance of: 
  
  The current members of the 
  Finance Committee, all of whom 
  are independent non-executive 
  Directors, are: Mr S Gerlach 
  (Chairman), Mr P C Barnett and 
  Mr G W McGregor. 
  
  budgetary, financial and 
  management reporting; 
  
  • established organisational 
  structures, procedures, 
  manuals and policies; 
  • the Company’s risk 
  
  management and internal 
  control systems, to the extent 
  they relate to financial 
  reporting, are operating 
  effectively in all material 
  respects. 