Consolidated

Parent Company

1999

1998

1999

1998

Note

$’000

$’000

$’000

$’000

CONTINUING ACTIVITIES

Revenue

Sales

256,989

239,065

9

129

Other revenue

2

718

576

48,599

30,506

Total Revenue

257,707

239,641

48,608

30,635

Expenses

Operating expenses

136,561

137,987

4,582

4,146

Depreciation and disposals

27,979

23,949

161

166

Funding expenses

24,064

24,244

1,897 886

Pre-opening expenses

-

5,261

-

-

Total Expenses

3

188,604

191,441

6,640

5,198

Operating Surplus before Non-Recurring Expenses and Income Tax

69,103

48,200

41,968

25,437

Non-Recurring Expenses

Pre-opening expenses

-

23,433

-

-

Management termination fee

-

20,370

-

-

Total Non-Recurring Expenses

3

-

43,803

-

-

SURPLUS BEFORE INCOME TAX

69,103

4,397

41,968

25,437

Income tax

4

23,545

1,926

-

-

SURPLUS AFTER INCOME TAX

45,558

2,471

41,968

25,437

SURPLUS AFTER INCOME TAX ATTRIBUTABLE TO:

Operations

45,558

32,097

41,968

25,437

Non-recurring expenses

-

(29,626)

-

-

45,558

2,471

41,968

25,437

The accompanying notes on pages 40 to 56 form part of
and are to be read in conjunction with these financial statements.