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Statement of Movements in Equity (for the year ended 30 June 2005)

Forecast Actual
Original Budget $m Estimated Actual $m 30 June 2005 $m 30 June 2004 $m
29,732 35,463 Opening Net Worth 35,463 23,781
5,671 5,776 Operating balance (excl. minority interest) 6,247 7,424
- - Minority interest in operating balance 41 45
- - Increase in minority interest 35 -
- 618 Net revaluations 8,197 4,213
5,671 6,394 Total Recognised Revenues and Expenses 14,520 11,682
35,403 41,857 Closing Net Worth 49,983 35,463

The accompanying notes and accounting policies are an integral part of these statements.

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