15 kathmandu annual report 2012 your directors present their report and the financial statements for the year ended 31 July 2012. the following persons were Directors of Kathmandu  Holdings limited during the financial year. Was re-appointed Chairman, non-executive Director,  Member of the audit and risk Committee, Member of the  remuneration and nominee Committee on 24 november  2010 and continues in these offices at the date of this report. Was appointed as Managing Director and Chief executive  officer on 9 october 2009 and continues in these offices  at the date of this report. Was re-appointed as an executive Director on 18 november  2011 and appointed as Finance Director, Chief Financial  officer and Company Secretary on 9 october 2009 and  continues in these offices at the date of this report. Was appointed as a non-executive Director, Chair of the  audit and risk Committee, Member of the remuneration  and nominee Committee on 16 october 2009 and  continues in these offices at the date of this report. Was re-appointed as a non-executive Director, Member of  the audit and risk Committee, Member of the remuneration  and nominee Committee on 24 november 2010 and  continues in these offices at the date of this report. Was re-appointed as a non-executive Director, Member of  the audit and risk Committee, Chair of the remuneration  and nominee Committee on 18 november 2011 and  continues in these offices at the date of this report. Details of the experience and expertise of the Directors  and the Company Secretary are outlined on page 12 of this  annual report. In accordance with the Company’s constitution, James  Strong and John Harvey will retire as Directors at the  annual general meeting and being eligible, offer themselves  for re-election. the number of meetings of the Board of Directors and  Committees held during the year ended 31 July 2012 and  the numbers of meetings attended by each Director were: likely developments in the operations of the consolidated  entity and the expected results of those operations in  future financial years are contained on pages 2 to 11 of this  annual report. no matters or circumstances have arisen since the end  of the financial year which significantly affect or may  significantly affect the operations of the consolidated  entity, the results of those operations, or the state of affairs  of the consolidated entity in future financial years. the Group’s principal activity in the course of the financial  year was the design, marketing and retailing of clothing  and equipment for travel and adventure. It operates in new  Zealand, australia and the united Kingdom. there has been no material change in the state of affairs of  the Company or the Group. a detailed review of operations is provided on pages 2 to  11 of this annual report. the profit of the consolidated entity for the financial year  after providing for income tax amounted to $34,852,000  (2011: $39,066,000). A – Number of meetings attended B – Number of meetings held during the time the Director held office during the year XX - Not a member of relevant Committee directors’ report directors James strong peter halkett mark todd John harvey reView of operations John holland siGnificant chanGes of affairs sandra mcphee principal actiVities retirement of directors matters suBsequent to the end of the  financial year likely deVelopments and expected  results of operations meetinG of directors Director  Meetings Audit  and Risk  Committee  Meetings Remuneration  And Nominee  Committee  Meetings Director A B A B A B James Strong 8 8 8 8 8 8 Peter Halkett 8 8 XX XX XX XX Mark Todd 8 8 XX XX XX XX John Harvey 8 8 8 8 8 8 John Holland 8 8 8 8 8 8 Sandra McPhee 8 8 8 8 8 8