Notes to the Financial Statements (continued)  39. Details of Associates and Joint Venture Entities (continued)  Investments in joint venture entities:  Details of material interests in joint venture entities are as follows:  Name and  Principal activities  Ownership Interest  Contribution to Net Profit/(Loss) 2003  2002  2003  2002  %  %  $000  $000  Noarlunga  Shopping complex  50%  50%  (45)  (305)  Warwick  Shopping complex  33.33%  33.33%  65  102  Perth City West  Shopping complex  50%  50%  729  912  Bathurst  Shopping complex  and warehouse  50%  50%  57  115  Kelso  Development of land for resale  50%  50%  252  (72)  Tweed Heads – Stage 1  Shopping complex  50%  50%  540  396  Warrawong (a)  Shopping complex  62.5%  62.5%  304  264  Tweed Heads Traders Way Building development  50%  50%  (6)  (17)  Sylvania  Residential development  40%  40%  1  (16)  Byron Bay  Residential/convention development  50%  50%  (5)  (8)  Warrawong 151 – 155 King St (a)  Shopping complex  62.5%  -  (5)  -  Warrawong Homestarters  Retail shop  50%  50%  61  -  1,948  1,371  These joint ventures have not been consolidated as the consolidated entity does not have control over operating and  financing decisions, and all joint venture parties participate equally in decision making. 70  HARVEY NORMAN HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES – ANNUAL REPORT 2003 