For the financial year ended 31 December 2006
The Board of Caltex Australia Limited has declared that:
- all of the directors
have received from Desmond King, Managing Director and Chief Executive Officer,
and Simon Hepworth, Chief Financial Officer, a declaration dated 21 February
2007 stating that in their opinion:
- the financial records for the year ended
31 December 2006 for Caltex Australia Limited have been properly maintained
in accordance with the Corporations Act 2001 (Cth);
- the financial statements
for the year ended 31 December 2006 and the notes required by the Accounting
Standards in Australia comply with the Accounting Standards; and
- the financial
statements for the year ended 31 December 2006 and notes give a true
and fair view of the financial position of the Caltex Australia Group
at 31 December 2006 and its performance for the year;
- the financial statements for the year
ended 31 December 2006 and the notes required by the Accounting Standards
in Australia comply with the Accounting Standards;
- the financial statements for
the year ended 31 December 2006 and notes give a true and fair view of the
financial position of the Caltex Australia Group at 31 December 2006 and
its performance for the year;
- in the directors’ opinion, there are reasonable
grounds to believe that Caltex Australia Limited will be able to pay its
debts as and when they become due and payable;
- in the directors’ opinion, the
financial statements for the year ended 31 December 2006 and notes are in
accordance with the Corporations Act 2001 (Cth); and
- as at the date of this declaration,
there are reasonable grounds to believe that all companies in the Caltex
Australia Group that are parties to the Deed of Cross Guarantee with Caltex
Australia Limited will be able to meet any obligations or liabilities to
which they are, or may become, subject by virtue of the Deed of Cross Guarantee.
The directors’ declaration
is made in accordance with a resolution of the Board of Caltex Australia Limited:
RFE
Warburton AO
Chairman
DF King
Managing Director and Chief Executive Officer
Sydney, 23 February 2007