Contents Cover Image (left to right): Dr Michael Graham , Benitec’s Chief Scientist and discoverer of ddRNAi and Dr David Suhy , Benitec’s Senior Vice President of Research & Development and creator of TT-034. CHAIRMAN AND THE CEO’S LETTER  1 DIRECTORS’ REPORT  2 AUDITOR’S INDEPENDENCE DECLARATION  15 CORPORATE GOVERNANCE STATEMENT  16 FINANCIAL STATEMENTS  19 DIRECTORS’ DECLARATION  42 INDEPENDENT AUDIT REPORT  43 SHAREHOLDER INFORMATION  46 CORPORATE DIRECTORY  INSIDE BACK COVER