44 Directors’ Report 2012 Directors’ Interests Company Secretaries The relevant interest of each Director in the share capital of the  companies within the consolidated entity, as notified by the  Directors to the ASX in accordance with Section 205G of the  Corporations Act, at the date of this Report is as follows: Paul McWilliams was appointed Company Secretary of AGL Energy  Limited on 25 August 2006. Paul’s educational qualifications  include Bachelor of Arts (Accounting) from the University of South  Australia, Master of Applied Finance from Macquarie University and  a Graduate Diploma in Applied Corporate Governance. He is a  member of the Institute of Chartered Accountants of Australia,  Chartered Secretaries Australia and the Institute of Chartered  Secretaries and Administrators. Paul has had more than 35 years of  experience across a variety of roles in the Australian Taxation  Office, chartered accounting and listed public companies. John Fitzgerald was appointed an additional Company Secretary on  25 August 2010. John’s qualifications are a Bachelor of Arts and a  Bachelor of Laws from the University of New South Wales and a  Masters in Arts from the National University of Ireland (University  College Dublin). John is admitted as a Solicitor of the Supreme  Court of New South Wales and is AGL’s Head of Legal. John has  been practising in projects, mining and energy law for  approximately 16 years. Jeremy Maycock holds 1,500 Subordinated Notes issued by AGL  Energy Limited. No options have been granted over any securities or interests of  AGL or the consolidated entity. AGL Energy Limited Ordinary Shares Review and Results of Operations Regular Board  Meetings Special Board  Meetings Audit and Risk  Management  Committee People and  Performance  Committee Safety,  Sustainability and  Corporate  Responsibility  Committee Nominations  Committee Director’s Name A B A B A B A B A B A B Jeremy Maycock 12 12 4 4 9 9 Michael Fraser 12 12 4 4 Les Hosking 12 12 4 4 5 5 4 4 8 9 Belinda Hutchinson 11 12 4 4 5 5 4 4 7 9 Sandra McPhee 12 12 4 4 2 2 4 4 4 4 9 9 Max Ould 12 12 4 4 4 4 7 9 Bruce Phillips 12 12 4 4 5 5 4 4 9 9 John Stanhope 12 12 4 4 5 5 1 1 9 9 A – number of meetings attended as a member B – number of meetings held during the time the Director held office during the year During the year, in aggregate, there were 13 occasions when the Non-executive Directors also attended some of the meetings of Committees, of which they were not members. In addition to the above selected meetings, Directors throughout the year, participated in informal meetings and telephone conferences. AGL makes extensive use of email between meetings to keep  Directors informed of current developments; to provide relevant background and industry information; to dispose of routine matters and allow formal Board meetings to concentrate on more important  matters. An extended strategy session is held at least once a year. Periodically, Directors meet informally outside AGL to discuss matters of interest and travel to visit assets, operations or locations of  particular relevance to AGL. The consolidated profit after income tax attributable to Shareholders was $114.9 million (2010/2011 $558.7 million). The Underlying Profit  was $482.0 million (2010/2011 $431.1 million). Reconciliation of Underlying Profit Year ended 30 June 2012 $m Year ended 30 June 2011 $m Profit after tax attributable to Shareholders 114.9 558.7 Adjust for the following after tax items Significant items 155.1 27.3 Changes in fair value of financial instruments 212.0 (154.9) Underlying Profit after tax 482.0 431.1 The number of Directors’ Meetings (including meetings of Committees of Directors) and number of meetings attended by each of the  Directors of AGL during the financial year were: Directors’ Meetings Jeremy Maycock 65,290 Michael Fraser 671,267 Les Hosking 2,334 Belinda Hutchinson 7,630 Sandra McPhee 17,121 Max Ould 34,619 Bruce Phillips 33,834 John Stanhope 3,442