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Notes to the Financial Statements

For the year ended 30 June 2009

18. INVESTMENTS IN SUBSIDIARY COMPANIES

Consolidated

2009

2008

$’000

$’000

Controlled entities unlisted – at cost

  • 19.

    CONTROLLED ENTITIES

    • (a)

      Investment in controlled entities

The following economic entities are the controlled entities of AVJennings Limited:

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

  • (1)

    All entities are incorporated in Australia.

  • (2)

    These entities, including AVJennings Limited, are included under the banking cross deed of covenant referred to in note 24(a).

% Equity Interest

2009

2008

ECONOMIC ENTITY (1)

Entities included in the Closed Group A.V. Jennings Real Estate Pty Limited AVJennings Real Estate (VIC) Pty Limited AVJennings Holdings Limited AVJennings Properties Limited Jennings Sinnamon Park Pty Limited Long Corporation Limited Orlit Pty Limited Sundell Pty Limited AVJennings Housing Pty Limited AVJennings Housing VIC. Pty Limited AVJennings Housing N.S.W. Pty Limited AVJennings Housing S.A. Pty Limited AVJennings Housing QLD. Pty Limited AVJennings Home Improvements S.A. Pty Limited AVJennings Mackay Pty Limited

56 AVJennings Limited ABN 44 004 327 771

Parent 2009 $’000

2008 $’000

163,286

163,286

Included in Banking Cross Deed of Covenant (2)

2009

2008

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

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