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(a) On 29 June 2012, the consolidated entity completed the acquisition of Great Energy Alliance Corporation Pty Limited, increasing its ownership from 32.54% to 100%. Refer Note 43 for further details. 

(b) On 6 October 2011, the consolidated entity entered into a 50:50 joint venture with the APA Group to construct a gas-fired power station in Mt Isa to be known as Diamantina Power Station. Under the arrangement, the consolidated entity acquired a 50% ownership interest in Diamantina Holding Company Pty Limited. The consideration for the acquisition was $1.6 million including acquisition related costs. 

 Underpinning the development of the power station, the joint venture entered into a long-term Energy Supply Agreement with Mount Isa Mines Limited, a wholly-owned subsidiary of Xstrata plc; and a Power Purchase Agreement with Ergon Energy Queensland Pty Ltd, a Queensland government owned corporation. 

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## Dividends received from associates and jointly controlled entities 

During the year, the consolidated entity received dividends of $nil (2011: $nil) from its associates and $26.7 million (2011: $24.3 million) from its jointly controlled entities. 

## Capital commitments and contingent liabilities 

The consolidated entity’s share of capital expenditure commitments and contingent liabilities of associates and jointly controlled entities are disclosed in Notes 38 and 40 respectively. 

