39. Details of Associates and Joint Venture Entities (continued)  Aggregate carrying amounts of joint entities  CONSOLIDATED  2003  Retained  Profits  Other  Reserves  Cost  Total  carrying  amount  $000 $000 $000 $000 Balance at the beginning of the year - 1,469  39,380  40,849  Movements during the year: Investments acquired  -  -  6,187  6,187  Reclassification of Bennetts Green to  Fixed Assets  -  (395)  (2,081)  (2,476)  Revaluation of Share of Land in Joint  Venture during the current year  -  2,960  -  2,960  Share of net profit  1,948  -  -  1,948  Share of net profits received and receivable (1,948) -  -  (1,948)  Balance at the end of the year -  4,034  43,486  47,520  CONSOLIDATED  2002  Retained  Profits  Other  Reserves  Cost  Total  carrying  amount  $000 $000 $000 $000 Balance at the beginning of the year - 1,469  33,015  34,484  Movements during the year: Investments acquired  -  -  6,365  6,365  Share of net profit  1,371  -  -  1,371  Share of net profits received and receivable (1,371) -  -  (1,371)  Balance at the end of the year -  1,469  39,380  40,849  Financial summary of joint venture entities  CONSOLIDATED 2003  2002  $000  $000  Current assets  26,815  950  Non-current assets  62,770  82,351  Current liabilities  (107)  (3,511)  Non-current liabilities  -  (2,382)  Net Assets  89,478  77,408  Revenues  8,395  8,273  Expenses  (4,831)  (4,628)  Profit from ordinary activities  before income tax expense  3,564  3,645  Income tax expense relating  to ordinary activities  -  -  Net profit  3,564  3,645  Share of net profit of joint venture entities  1,948  1,371  HARVEY NORMAN HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES – ANNUAL REPORT 2003 71  Notes to the Financial Statements (continued) 