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THE GROUP

2008
$’000
2007
$’000
NOTE 35 — INVESTMENTS IN ASSOCIATES CONTINUED
Share of associates’ finance lease commitments contracted but not provided for or payable:
Not later than one year
Later than one year but not later than five years
Later than five years
2,456
392
—
259
—
—
Less: Future lease finance charges
2,848
(450)
259
—
2,398 259

Share of associates’ contingent liabilities

Refer to Note 31.

NOTE 36 — INVESTMENTS IN PARTNERSHIPS

NAME PRINCIPAL ACTIVITIES NATURE OF INTEREST PROFIT SHARE
INVESTMENT
CARRYING AMOUNT
SHARE OF
SALES REVENUE
CONTRIBUTION TO
OPERATING PROFIT
2008 2007 2008 2007 2008 2007 2008 2007
% % $’000 $’000 $’000 $’000 $’000 $’000
Australian Theatres Operator of Share of partnership 50 50 86,540 92,793 138,798 131,278 18,982 (d)14,305
Joint Venture multiscreen assets
cinema complexes
Browns Plains Multiplex Operator of a Share of partnership 33 33 143 151 1,313 1,252 82 97
Cinema Partnership multiscreen assets
cinema complex
Castle Hill Multiplex Operator of a Share of partnership 33 33 3,627 3,886 4,745 4,836 616 790
Cinema Partnership multiscreen assets
cinema complex
Casuarina Cinema Operator of a Share of partnership 50 50 3,661 4,234 10,405 9,031 1,876 1,620
Centre Partnership multiscreen assets
cinema complex
Garden City Cinema Operator of a Share of partnership 33 33 2,966 3,131 4,207 4,017 845 913
Partnership multiscreen assets
cinema complex
Geelong Cinema Operator of a Share of partnership (c) 50 (c) 50 (75) (75) 3,320 3,283 — 245
Partnership multiscreen assets
cinema complex
Jam Factory Cinema Operator of a Share of partnership 50 50 1,670 1,455 7,651 6,852 215 (271)
Operations Partnership multiscreen assets
cinema complex
Piccadilly Cinema Owner and operator Share of partnership (e) — (e) — — — — — — 11
of a multiscreen assets
cinema complex
Shellharbour Cinema Operator of a Share of partnership (b) — (b) — — — — 1,242 — 135
Partnership multiscreen assets
cinema complex
Southport 6 Cinemas Operator of a Share of partnership (a) 51 (a) 51 1,517 1,519 2,975 2,262 326 172
multiscreen assets
cinema complex
Toowoomba Cinema Operator of a Share of partnership 50 50 1,178 1,362 3,384 3,276 391 385
Centre Partnership multiscreen assets
cinema complex
101,227 108,456 176,798 167,329 23,333 18,402

(a) The partnership is not consolidated as the Group does not have control and the power to govern financial and operating policies.
(b) Shellharbour Cinema Partnership became wholly owned on 24 January 2007.
(c) Provision for diminution in the value of the investment carrying amount has been raised against this entity in prior years.
(d) Profit is after the impact of the Group’s share of a provision for the write-down in the carrying value of specific under-performing cinema sites amounting to $Nil (2007: $2,590,000).
(e) The interest in this partnership was sold during the 2007 financial year.
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