Directors Report

Section 325 of the Act requires the directors of a company to prepare for each financial year a directors’ report detailing the matters set out below. All companies, regardless of type, are required to present a directors’ report which shall include certain prescribed matters depending on their size and whether such a matter is relevant to the company and necessary for a proper understanding of its performance and position.

General matters

The directors’ report is required to state certain items which are:

  • The names of the persons who were, at any time during the financial year, directors of the company (applies only where accounting period commences on or after 1 June 2015);
  • The principal activities of the company;
  • The measures taken by the directors to ensure compliance with the requirements to the keeping of accounting records and the exact location of these records;
  • The amount of any interim dividends paid during the year; and
  • The amount, if any, that the directors recommend should be paid by way of final dividend.


In cases where it is deemed relevant in a particular financial year, the directors’ report shall state:

  • Details of any important events occurring since the financial year end;
  • An indication of any activities in the field of research and development;
  • An indication of the existence of any branches outside the State and the country where each such branch is located; and
  • Any political donations made that are required to be disclosed by the Electoral Act 1997.


Where material for an assessment of a company’s financial position and profit or loss, the directors’ report shall describe the use of financial instruments by the company and discuss in particular:

  • The financial risk management objectives and policies of the company; and
  • The exposure of the company to price risk, credit risk, liquidity risk and cash flow risk.

Click on any of the links below to learn more about that part of the Report.