Cellmid 2017 Annual Report
The directors of the company declare that:
1. the financial statements and notes, as set out on pages 32 to 63, are in accordance with the Corporations Act 2001 and:
i. comply with Australian Accounting Standards, which, as stated in accounting policy Note 1 to the financial statements,
constitutes compliance with International Financial Reporting Standards; and
ii. give a true and fair view of the financial position as at 30 June 2017 and of the performance for the year ended on that
date of the consolidated group;
2. 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
3. the directors have been given the declarations required by s 295A of the Corporations Act 2001 from the Chief Executive
Officer and Chief Financial Officer.
The company and its four Australian wholly-owned subsidiaries, Advangen Limited, Kinera Limited, Lyramid Limited and
Advangen International Pty Limited, 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.
Signed in accordance with a resolution of the Board of Directors made pursuant to Section 295 (5) of the Corporations Act 2001.
David King
Dated this 30th day of August 2017