content_image/101927.jpg content_image/101928.jpg content_image/101924.jpg
## Chairman’s Report (continued) 

## Equity 

Total equity at 30 June 2003 (consolidated) was $1.03 billion compared to $875.89 million – an increase of $158.14 million or 18.1%. Of the total equity of $1.03 billion, an amount of $67.89 million (2002: $69.97 million) is attributable to outside equity interests. 

## Dividend 

The recommended final dividend is 2.5c per share fully franked. No provision is made in the Statement of Financial Position for this recommended final dividend. The total dividend for the year will be 5.0c fully franked. 

## Expansion 

During the 12 months to 30 June 2003, new complexes were opened as follows: 

<img src='content_image/101927.jpg'>

Since the end of this financial year new complexes have been opened at: 

<img src='content_image/101928.jpg'>

The Company intends to continue to pursue a strategy of steady expansion both within Australia and overseas. 

| would like to thank my fellow Directors, Harvey an employees, franchisees and their staff for their continuing efforts and loyalty. 

<img src='content_image/101924.jpg'>

