 Consolidated  Parent  entity  entity 2004 2004 $’000  $’000 Income tax expense  The income tax expense for the financial period differs from the amount calculated on the profit. The differences are reconciled as follows: Profit/(loss) from ordinary activities before income tax expense 4,172  0 Income tax calculated at 30% 1,252  0  Tax effect of permanent differences:  - amortisation of goodwill  127  0  - other non-allowable items  26  0 Aggregate income tax expense  1,405  0 Cash on hand  727  0  Cash at bank  12,863  Deposits at call  50  0 Total current assets – cash assets  13,640  0 The deposits at call bear interest at variable rates of between 4.6% and 5.3%  Trade debtors  2,840  0  Sundry debtors  1,481  Security deposits  113  0  Related parties (refer Note 32)  960  0 Total current assets – receivables  5,394  0 Finished goods, at cost  92,513  0 Income tax receivable  1,633  1,678 Prepayments  1,206  0 INCOME TAX 06 CURRENT ASSETS - CASH ASSETS 07 CURRENT ASSETS - RECEIVABLES 08 CURRENT ASSETS - INVENTORIES 09 TAX ASSETS 10 CURRENT ASSETS - OTHER 11 62 NOTES TO THE FINANCIAL STATEMENTS CONTINUED Notes to and forming part of the Consolidated Financial Statements For the period from incorporation to 26 June 2004