BALANCE SHEETS
AS AT 30 JUNE 2007

Group Institute   2007   2006   2007   2006   $' 000   $' 000   $' 000   $' 000   ASSETS Non-current Assets Property, plant and equipment 2,119,874   2,155,035   2,114,929   2,149,575 Investments 1   1   1   1 Held-to-maturity investments 36,468   212,651   36,468   212,651 Time deposits 6,389   9,185   6,389   9,185 2,162,732   2,376,872   2,157,787   2,371,412         Current Assets Held-to-maturity investments - current portion 178,144   65,928   178,144   65,928 Accounts receivable, deposits and prepayments 13,183   26,706   7,910   27,146 Financial assets at fair value through profit or loss 122,950   240,628   122,950   240,628 Time deposits - current portion 203,283   268,399   203,283   268,399 Cash and cash equivalents 673,562   263,036   664,990   256,099 1,191,122   864,697   1,177,277   858,200         Total Assets 3,353,854   3,241,569   3,335,064   3,229,612     FUNDS Restricted funds 27,390   23,219   27,390   23,219 Other funds 891,603   807,945   876,532   802,615 Deferred capital funds 2,118,587   2,153,962   2,114,444   2,148,810 Total Funds 3,037,580   2,985,126   3,018,366   2,974,644   LIABILITIES Non-current Liabilities Provision for employee benefits 16,568   11,954   16,568   11,954 Borrowings 6,870   8,126   6,870   8,126 23,438   20,080   23,438   20,080   Current Liabilities Accounts payable and accruals 82,433   63,510   82,857   62,035 Provision for employee benefits 50,672   84,567   50,672   84,567 Borrowings 1,256   1,220   1,256   1,220 Deferred income 158,475   87,066   158,475   87,066   292,836   236,363   293,260   234,888 Total Liabilities 316,274   256,443   316,698   254,968         Total Funds and Liabilities 3,353,854   3,241,569   3,335,064   3,229,612