Directors' Reports & Financial Reports
DIRECTORS’ REPORTS & FINANCIAL REPORTS for the year ended 31 December 2019 This report comprises: Atlas Arteria International Limited and its controlled entities Atlas Arteria Limited and its controlled entities Atlas Arteria (‘ALX’) comprises Atlas Arteria International Limited (Registration No. 43828) (‘ATLIX’) and Atlas Arteria Limited (ACN 141 075 201) (‘ATLAX’). ATLIX is an exempted mutual fund company incorporated and domiciled in Bermuda with limited liability and the registered office is 4th Floor, Cedar House, 41 Cedar Avenue, Hamilton, HM12, Bermuda. ATLAX is a company limited by shares incorporated and domiciled in Australia and the registered office is Level 5, 141 Flinders Lane, Melbourne, VIC 3000, Australia. Directors’ Reports & Financial Reports for the year ended 31 December 2019 Atlas Arteria International Limited Atlas Arteria Limited DIRECTORS’ REPORTS The directors of Atlas Arteria International Limited (‘ATLIX’) and the directors of Atlas Arteria Limited (‘ATLAX’) submit the following reports, together with the Financial Report for Atlas Arteria and the Financial Report for ATLAX and its controlled entities (‘ATLAX Group’), for the year ended 31 December 2019. An Atlas Arteria stapled security comprises one ATLIX share ‘stapled’ to one ATLAX share to create a single listed security traded on the Australian Securities Exchange (‘ASX’). The stapled securities cannot be traded or dealt with separately. AASB 3 Business Combinations and AASB 10 Consolidated Financial Statements require one of the stapled entities of a stapled structure to be identified as the parent entity for the purpose of preparing a consolidated Financial Report. In accordance with this requirement, and consistent with previous reporting periods, ATLIX has been identified as the parent entity of the consolidated group comprising ATLIX and its controlled entities (‘ATLIX Group’) and ATLAX Group, together comprising ‘Atlas Arteria’, ‘ALX’ or ‘the Groups’.
[Show full text]