CSL Ltd Annual Report 2020

CSL Limited Annual Report 2020 138 Notes to the Financial Statements Directors’ Declaration 1) In the opinion of the Directors: a) the financial statements and notes of the company and of the Group are in accordance with the Corporations Act 2001 (Cth), including: i. giving a true and fair view of the company’s and Group’s financial position as at 30 June 2020 and of their performance for the year ended on that date; and ii. complying with Australian Accounting Standards and Corporations Regulations 2001. b) there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable. 2) About this Report (a) in the notes to the financial statements confirms that the financial report complies with International Financial Reporting Standards as issued by the International Accounting Standards Board. 3) This declaration has been made after receiving the declarations required to be made to the directors in accordance with section 295A of the Corporations Act 2001 (Cth) for the financial period ended 30 June 2020. 4) In the opinion of the Directors, as at the date of this declaration, there are reasonable grounds to believe that the members of the Closed Group identified in note 21 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 dated 3 February 2017. This declaration is made in accordance with a resolution of the directors. Brian McNamee AO Paul Perreault Chairman Managing Director Melbourne August 18 2020