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• Shareholder Review
• Spark Infrastructure
• Corporate Structure
• Performance Highlights
• Chairman's Message
• CEO's Report
• At a Glance
• Review of Operations
• Corporate Responsibility
• Quality People
• Board of Directors

• Annual Report

 

CONSOLIDATED COMPANY
2008 2007 2008 2007
$’000 $’000 $’000 $’000
4. Receivables from Associates
CHEDHA Holdings Pty Limited (“CHEDHA”) a 13,367 15,422 – –
a Receivables from associates relates to interest receivable on loans.
5. Loans — Other
Interest free loan a – 23,769 – –
a The loan was fully repaid during the Financial Year. It was established as
part of ETSA Utilities acquisition and was repayable on demand.
6. Other Current Assets
GST recoverable 335 392 73 –
Prepayments 164 143 – –
Other receivables 284 752 – –
783 1,287 73 –
7. Investments Accounted for Using the Equity Method
a) Investments in Associates
Country of
Incorporation/
Name of Entity Principal Activity Ownership Interest (%) Formation
2008 2007
CHEDHA Ownership of electricity distribution
networks in Victoria 49 49 Australia
ETSA Utilities Partnership Ownership of an electricity distribution
network in South Australia 49 49 Australia
CONSOLIDATED COMPANY
2008 2007 2008 2007
$’000 $’000 $’000 $’000
b) Share of Assets and Liabilities of Associates
Current assets 226,637 276,951 – –
Non-current assets 4,682,075 4,510,860 – –
Total assets 4,908,712 4,787,811 – –
Current liabilities 244,532 917,666 – –
Non-current liabilities 3,877,699 2,895,563 – –
Total liabilities 4,122,231 3,813,229 – –
Net assets 786,481 974,582 – –
Preferred partnership capital – ETSA 622,300 622,300 – –
Net assets applicable to Spark Infrastructure 1,408,781 1,596,882 – –

 

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