STATEMENT OF FINANCIAL POSITION
AS AT 30 June 2004

		Note		2003-04 A$’000		2002-03 A$’000
ASSETS
Cash				749		103
Receivables				222		305
Investments		5		2,650,433		2,184,317
Advances		6		2,822,778		2,831,341
Derivative Financial Instrument Receivables		11		69,923		21,832
Investment Property		7(a)		17,470		17,470
Plant and Equipment		7(b)		762		817
Other		8		35,855		15,935
TOTAL ASSETS				5,598,192		5,072,120
LIABILITIES
Payables				160,000		185,581
Income Tax Equivalent		1(i)		353		676
Dividend Payable		1(g)		6,289		6,175
Deposits		9		1,274,824		1,180,073
Borrowings		10		4,119,017		3,673,467
Derivative Financial Instrument Payables		11		26,737		15,124
Other		12		972		1,024
TOTAL LIABILITIES				5,588,192		5,062,120
NET ASSETS				10,000		10,000
EQUITY
Retained Earnings				0		0
General Reserve		13		10,000		10,000
TOTAL EQUITY				10,000		10,000