Pork CRC PO BOX 466 WILLASTON SA Balance Sheet. As of September 2007

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Harvey Sutton
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1 Balance Sheet 2:21:33 PM As of Assets Current Assets Cheque Account $1,211, Trust Accounts Bank Trust Account $2,718, Payroll Liability Trust $39, Total Trust Accounts $2,757, Payroll Clearing Account $ Total Current Assets $3,969, Pledges Receivable $401, Payments made in Advance $2,070, Furniture & Fixtures Office Furniture & Equipment $10, Furniture & Fixtures Accum Dep -$3, Total Furniture & Fixtures $7, Low Pool Assets Low Pool Asset $2, Accu Deprec - Low Pool Assets -$1, Total Low Pool Assets $ Research Equipment Research Equipment $48, Acc Deprec - Research Equip -$7, Total Research Equipment $41, IT Purchases IT Capital Purchases $7, Accu-Depreciation IT Programme -$5, Total IT Purchases $1, Total Assets $6,492, Liabilities Current Liabilities Credit Cards Visa -$26, Visa - RGC $6.25 American Express $32, Total Credit Cards $5, Payroll Tax Liability $2, Income Tax Payable -$0.30 FBT Liability -$5, Leave Provision Annual Leave $24, Other leave $14, GST Liabilities GST Paid $273, GST Collected -$250, Total GST Liabilities $22, Other Current Liabilities Participants- Held In Trust $2,237, GRDC - Projects held in Trust $148, DEST Contribution $3,086, Total Other Current Liabilities $5,472, Accounts Payable Accounts Payable $581, Total Accounts Payable $581, Total Current Liabilities $6,118, Payroll Liabilities PAYG Tax Withheld $15, Superannuation Liability $30.47 Accrued Novated Lease Expense $6, WorkCover Liability $1, Total Payroll Liabilities $23,397.32

2 Balance Sheet 2:21:33 PM As of Provision for Students $50, Provision for IT Expenses $2, Provision for Accounting Fees $2, Provision for Directors Fees $3, Provision for Audit Fees $5, Total Liabilities $6,205, Net Assets $287, Equity Retained Earnings $223, Current Year Surplus/Deficit $63, Total Equity $287,268.59

3 Profit & Loss Statement 2:24:09 PM Income DEST $67, Income Participants $28, Reimbursements $ Total Income $97, Expenses Depreciation Expense IT Depreciation $ Low Val Pool Depreciation $67.38 Office Furniture & Equipment $ Research Equip Deprec $ Total Depreciation Expense $ Administration Expenses Officer & Travelling O & T - Domestic $3, O & T - Overseas $13, Total Officer & Travelling $17, Lease - Toyota Camry Toyota - Fuel Cost $ Toyota - Lease Cost $ LAHA - Rent $1, LAHA - Food $ Total Lease - Toyota Camry $3, Novated Lease Expense $2, Operating Costs Accounting Fees $1, Advertising & Promotion Advertising - General $5, Bank Fees $42.45 Interest $ Conference Expenses $11, Equipment Rental/Leases $ Insurance IT Expenses $44.55 Sundry Expenses $ Telephone Telephone - Mobiles $ Staff on Costs Staff Payroll Tax -$1, Staff Superannuation $7, Workcover $ Total Staff on Costs $6, Salaries Salaries - Staff $24, Performance Bonus $ Total Salaries $24, Directors Fees Directors Fees $2, Total Directors Fees $2, Total Administration Expenses $75, Programme Consultants Ray King RK - Consultancy Fees $2, RK - Reimbursable Costs $ Total Ray King $2, Total Programme Consultants $2, Programme Meetings Project 1C Meetings $77.27 Project 2D Meetings $4, Project 2F Meetings $1,111.75

4 Profit & Loss Statement 2:24:09 PM Programme 4 Meetings $3, Total Programme Meetings $9, General Meetings SP Managers Meeting $ Total General Meetings $ Programme 1 Project 1B 1B - General $1, Total Project 1B $1, Total Programme 1 $1, Programme 2 Project 2B 2B-108 (Gabby) $1, Total Project 2B $1, Total Programme 2 $1, Programme 4 Postgraduates $3, Professional Refresher Courses $ Pork CRC Sponsorship $ Total Programme 4 $5, Total Expenses $97, Operating Profit $0.00 Other Income Interest Income $20, Total Other Income $20, Other Expenses Net Surplus / (Deficit) $20,728.21

5 Profit & Loss [Budget Analysis] 2:25:54 PM Selected Period Budgeted $ Difference % Difference Income DEST $67, $0.00 $67, NA Income Participants $28, $0.00 $28, NA Reimbursements $ $0.00 $ NA Total Income $97, $0.00 $97, NA Expenses Commercialisation Expenses $0.00 $6, $6, (100.0%) Depreciation Expense IT Depreciation $ $ $ (60.0%) Low Val Pool Depreciation $67.38 $ $11.90 (15.0%) Office Furniture & Equipment $ $ $53.43 (29.6%) Research Equip Deprec $ $ $ (22.9%) Total Depreciation Expense $ $1, $ (32.2%) Administration Expenses Officer & Travelling O & T - Domestic $3, $0.00 $3, NA O & T - Overseas $13, $0.00 $13, NA Total Officer & Travelling $17, $0.00 $17, NA Lease - Toyota Camry Toyota - Fuel Cost $ $ $ (41.9%) Toyota - Lease Cost $ $ $94.07 (9.8%) Staff Training & Development $0.00 $ $ (100.0%) Officer- General $0.00 $ $ (100.0%) LAHA - Rent $1, $1, $ (9.1%) LAHA - Food $ $ $ % Total Lease - Toyota Camry $3, $4, $1, (27.3%) Novated Lease Expense $2, $0.00 $2, NA Operating Costs Accounting Fees $1, $0.00 $1, NA Advertising & Promotion Advertising - General $5, $0.00 $5, NA Bank Fees $42.45 $ $57.55 (57.6%) Interest $ $0.00 $ NA Conference Expenses $11, $0.00 $11, NA Equipment Rental/Leases $ $ $67.91 (13.6%) Insurance IT Expenses $44.55 $ $ (88.9%) Office Supplies $0.00 $ $ (100.0%) Postage $0.00 $ $ (100.0%) Stamp and Government Duties $0.00 $ $50.00 (100.0%) Sundry Expenses $ $ $ (54.3%) Telephone Telephone - Office $0.00 $ $ (100.0%) Telephone - Mobiles $ $ $ (26.6%) Staff on Costs Staff Payroll Tax -$1, $ $1, (612.7%) Staff Superannuation $7, $3, $3, % Workcover $ $ $46.93 (27.8%) Total Staff on Costs $6, $4, $2, % Salaries Salaries - Staff $24, $33, $8, (26.3%) Performance Bonus $ $0.00 $ NA Total Salaries $24, $33, $8, (25.4%) Directors Fees Directors Fees $2, $7, $4, (62.0%) Total Directors Fees $2, $7, $4, (62.0%) Total Administration Expenses $75, $52, $23, % Programme Consultants Ray King RK - Consultancy Fees $2, $5, $2, (55.0%)

6 Profit & Loss [Budget Analysis] 2:25:54 PM Selected Period Budgeted $ Difference % Difference RK - Reimbursable Costs $ $0.00 $ NA Total Ray King $2, $5, $2, (47.0%) Total Programme Consultants $2, $5, $2, (47.0%) Programme Meetings Programme 1 Meetings $0.00 $2, $2, (100.0%) Project 1C Meetings $77.27 $0.00 $77.27 NA Programme 2 Meetings $0.00 $2, $2, (100.0%) Project 2D Meetings $4, $0.00 $4, NA Project 2F Meetings $1, $0.00 $1, NA Programme 3 Meetings $0.00 $2, $2, (100.0%) Programme 4 Meetings $3, $2, $1, % Total Programme Meetings $9, $8, $1, % General Meetings R & D Meetings $0.00 $1, $1, (100.0%) SP Managers Meeting $ $0.00 $ NA Total General Meetings $ $1, $1, (82.2%) Programme 1 Program 1 - General $0.00 $162, $162, (100.0%) Project 1B 1B - General $1, $0.00 $1, NA Total Project 1B $1, $0.00 $1, NA Total Programme 1 $1, $162, $161, (99.2%) Programme 2 Program 2 - General $0.00 $356, $356, (100.0%) Project 2B 2B-108 (Gabby) $1, $0.00 $1, NA Total Project 2B $1, $0.00 $1, NA Total Programme 2 $1, $356, $355, (99.6%) Programme 3 Program 3 - General $0.00 $32, $32, (100.0%) Total Programme 3 $0.00 $32, $32, (100.0%) Programme 4 Programme 4 $0.00 $96, $96, (100.0%) Postgraduates $3, $0.00 $3, NA Professional Refresher Courses $ $0.00 $ NA Pork CRC Sponsorship $ $0.00 $ NA Total Programme 4 $5, $96, $91, (94.7%) Board Discretion $0.00 $33, $33, (100.0%) Benchmarking Project $0.00 $4, $4, (100.0%) OmniPork $0.00 $12, $12, (100.0%) Total Expenses $97, $773, $675, (87.4%) Operating Profit $0.00 -$773, $773, % Other Income Interest Income $20, $0.00 $20, NA Total Other Income $20, $0.00 $20, NA Other Expenses Net Surplus / (Deficit) $20, $773, $793, %

7 Statement of Cash Flow 2:28:00 PM Cash Flow from Operating Activities Net Income $20, Pledges Receivable $103, Payments made in Advance -$169, Furniture & Fixtures Accum Dep $ Accu Deprec - Low Pool Assets $67.38 Acc Deprec - Research Equip $ Accu-Depreciation IT Programme $ Visa -$5, Visa - RGC -$ American Express $6, FBT Liability -$5, GST Paid $1,496, GST Collected -$1,434, Participants- Held In Trust -$31, DEST Contribution -$74, Accounts Payable -$278, PAYG Tax Withheld -$2, Superannuation Liability -$11, Provision for Bonus -$53, WorkCover Liability $ Provision for O & T Domestic -$10, Net Cash Flows from Operating Activities -$448, Cash Flow from Investing Activities Net Cash Flows from Investing Activities $0.00 Cash Flow from Financing Activities Net Cash Flows from Financing Activities $0.00 Net Increase/Decrease for the period -$448, Cash at the Beginning of the period $4,417, Cash at the End of the period $3,969,385.87

Pork CRC PO BOX 466 WILLASTON SA Balance Sheet. As of December 2007

Pork CRC PO BOX 466 WILLASTON SA Balance Sheet. As of December 2007 Balance Sheet 2:22:47 PM As of Assets Current Assets Cheque Account $1,042,277.26 Trust Accounts Bank Trust Account $3,080,498.44 Payroll Liability Trust $39,042.12 Total Trust Accounts $3,119,540.56 Payroll