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## Notes to the Financial Statements (continued) 

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## 39. Associates and Joint Venture Entities 

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## Investments in Partnerships: 

Details of material interests in partnerships are as follows: 

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## Financial Summary of Partnerships 

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(a) In 2002 the consolidated entity had a 50% ownership interest in the Lighting Partnership. The Lighting Partnership was equity accounted in 2002 as the consolidated entity did not have control over the financial and operating decisions of the partnership. During 2003, the consolidated entity’s ownership interest in the Lighting Partnership had increased to 99.9% resulting in effective control over financing and operating decisions. The results of the partnership have been consolidated in accordance with AASB 1024 “Principles of Consolidation” for the year ended 30 June 2003. 

