content_image/291068.jpg
<img src='content_image/291068.jpg'>

(iv) The Company’s present intention is to provide the necessary financial support for all Australian incorporated subsidiaries, whilst they remain wholly owned subsidiaries, as is necessary for each company to pay all debts as and when they become due. 

## (c) Guarantees Entered into by Parent Company 

Parent Company guarantees provided to third parties guaranteeing a subsidiary’s performance under joint venture operating agreements are set out in Note 23. 

A bank guarantee provided by the Parent Company to a third party, guaranteeing a subsidiary’s performance under an operating lease rental agreement, is set out in Note 24. 

