Lead Manager

APPENDIX A PRO-FORMA CONSOLIDATED FINANCIAL STATEMENTS
Ownership
interest by
Balance consolidated Carrying Principal
Name date entity value activity
$000
Felix Apartments Pty Ltd 31 Dec 2003 33% 600 (viii)
Ruskin Street Unit Trust 31 Dec 2003 50% 481 (viii)
Addison Street Unit Trust 31 Dec 2003 50% 756 (viii)
Digital Harbour Holdings Pty Ltd 31 Dec 2003 25% 1,000 (viii)
Schofield Properties Pty Ltd 31 Dec 2003 50% 32 (viii)
Prime Infrastructure Management Ltd and
Prime Infrastructure Trust 31 Dec 2003 9% 28,338 (ix)
Optimal Fund Management Pty Ltd 31 Dec 2003 16% 2,019 (vii)
Coomera Unit Trust 31 Dec 2003 43% 3,804 (viii)
Site 3 Development Co. Pty Ltd 31 Dec 2003 50% 1,399 (viii)
40 Market Street Trust 31 Dec 2003 50% – (viii)
Ascot Vale (Victoria) Property Trust 31 Dec 2003 50% 553 (viii)
B&B Insurance Pty Ltd. 30 Sept 2003 28% 2,572 (ii)
Eaglet III Ltd. 31 Dec 2003 50% 1,874 (i)
Seqant 31 Dec 2003 19% 87 (vii)
Life Receivables Euro, LLC 31 Dec 2003 50% – (ii)
Nibbiano Pty Ltd 31 Dec 2003 33% 1,705 (v)
Momentum Fund Management Pty Ltd 31 Dec 2003 25% – (vii)
Primelife Corporation Limited 31 Dec 2003 20% 31,036 (viii)
B&B Fors Investment Pty Ltd atf B&B Fors
Investment Trust 31 Dec 2003 33% 1,069 (x)
Blue Canyon Windpower LLC 31 Dec 2003 11% 11,720 (ix)
Eurus Combine Hills 1 LLC 31 Dec 2003 15% 7,948 (ix)
Sweetwater Wind 1 LLC 31 Dec 2003 14% 8,515 (ix)
Sentient Coal Resources, LLC 31 Dec 2003 6% 739 (vi)
Global Wind Partners Management Pty Ltd 31 Dec 2003 17% 83 (ix)
Babcock & Brown atf Global Wind Partners Trust 31 Dec 2003 17% 9,412 (ix)
Babcock & Brown Insurance Trust 30 Sept 2003 8% 514 (ii)
Fulcrum Capital Mgmt Ltd 31 Dec 2003 50% 243 (i)
Momentum Ventures Pty Ltd atf Momentum
Ventures Unit Trust 31 Dec 2003 10% 1,544 (x)
Espresso Broadband Ltd 31 Dec 2003 8% 44 (x)
PMJI Inc. 31 Dec 2003 1% 135 (x)
Pace Cargo Enterprises I, LLC 31 Dec 2003 50% 3,056 (iv)
Pace Cargo Enterprises II, LLC 31 Dec 2003 50% 3,056 (iv)
Pace Cargo Enterprises III, LLC 31 Dec 2003 50% – (iv)
161,776
196