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ASX Additional Information

The written-down book value of assets, shown in the financial statements as plant and equipment and which are deemed integral to land and
buildings, has been determined to total approximately $49,000,000 as at 30 June 2008 (2007: $43,000,000).
In determining the current value of land and buildings, the directors have not taken into account the potential impact of capital gains tax.

Impairment losses recognised

During the financial year, a decline in the trading performance at a number of cinema sites in Germany (Cinema Exhibition International segment)
resulted in a reassessment of the recoverable amount of plant and equipment at those cinema sites. Based on this assessment, the carrying
amount of plant and equipment at a number of cinema sites was written down by $1,156,000 in the 2008 financial year (2007: $nil). The
estimated recoverable amounts were based on the plant and equipment value in use, determined using discount rates in the range of
10%–12.75% per annum.

Also during the period, an impairment write-down made in a prior period was partially written back by $1,481,000. This write-back was
deemed appropriate due to improved cash flow generated by the site resulting from lower rental costs and a general improvement in trading.

Security

The following assets, whose carrying values are listed below, are subject to mortgage security to secure the Group’s bank loan facilities.
Refer Note 23.

THE GROUP PARENT ENTITY

2008
$’000
2007
$’000
2008
$’000
2007
$’000
Freehold land and buildings
Investment properties
159,188
28,500
157,702
29,900
—
—
—
—
187,688 187,602 — —

Land and buildings subject to finance lease

The Group leases a property under a finance lease agreement. At the end of the lease, the Group has the option to purchase the property at no
additional cost. If this option is not exercised, the Group can occupy the premises for a further five year period rent-free. At 30 June 2008, the
net carrying amount of the property was $28,668,000 (2007: $28,467,000). The leased property secures lease obligations.

THE GROUP PARENT ENTITY

2008
$’000
2007
$’000
2008
$’000
2007
$’000
NOTE 18 — INVESTMENT PROPERTIES
Freehold land and buildings
At fair value 28,500 29,900 — —
Summary of movements in balance:
Balance at the beginning of the year
Additions during the year
Fair value (decrements)/increments during the year
29,900
—
(1,400)
24,900
121
4,879
—
—
—
—
—
—
Balance at the end of the year 28,500 29,900 — —

The carrying amount of investment properties is the fair value of the property as determined by a registered qualified independent valuer. Fair values

were determined having regard to recent market transactions for similar properties in the same location as the Group’s investment properties.
Investment properties comprise a number of commercial properties that are leased to third parties and which are held to derive rental income or
capital appreciation or both. Each of the leases for investment properties contains an initial non-cancellable period of between five to 15 years.
Subsequent renewals are negotiated with the lessee. No contingent rents are charged for these investment properties.

During the financial year ended 30 June 2008, $2,219,000 (2007: $2,169,000) was recognised as rental income for investment properties in the
Income Statement with $730,000 (2007: $584,000) incurred in respect of direct costs, including $100,000 (2007: $43,000) for repairs and
maintenance.