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## NOTES TO THE FINANCIAL STATEMENTS CONTINUED 

Notes to and forming part of the Consolidated Financial Statements For the period from incorporation to 26 June 2004 

## EVENTS OCCURING AFTER REPORTING DATE 33 

On 6 July 2004, 41,507,568 shares were sold by the principal shareholder, being Rowe Family Trust. Pursuant to this, the Company’s shares were listed on the Australian Stock Exchange. 

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## NON-CASH FINANCING AND INVESTING ACTIVITIES 35 

On 23 April 2004, Super Cheap Auto Group Limited acquired 100% of Super Cheap Auto Pty Ltd and its controlled entities for consideration of $84,233,157 of shares in Super Cheap Auto Group Limited. The net assets acquired were as follows: 

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