1、AMALGAMATED HOLDINGS LIMITEDABN 51 000 005 103view our online annual report atTHE 2008 AHL ONLINE REPORT PROVIDES A HIGH STANDARD OF READABILITY ANDACCESSIBILITY AND ALLOWS YOU TO SEARCH,VIEW,EXTRACT,EMAIL AND PRINT ALLOR ANY PART OF THE REPORT YOU REQUIRE.Designed and produced by Designate Reportin
2、gAHL IS ONE OF AUSTRALIAS PREMIER ENTERTAINMENT,HOSPITALITY AND LEISURE COMPANIES.08113_AHL_Coverv1 12/9/08 3:37 PM Page 2Amalgamated Holdings Limited Annual Report 2008 102Chairmans Review04Board of Directors06Organisational Structure08Managing Directors Review of Operations by Division14Locations1
3、7Financial Report Contents18Directors Report36Financial Statements97Directors Declaration98Independent Auditors Report99ASX Additional Information2Amalgamated Holdings Limited Annual Report 2008RESULTSThe Groups profit attributable tomembers was$99.4 million compared to$82.2 million in the previous
4、year,anincrease of 21%.This was an exceptionalresult and follows on from the31 December 2007 half year where profitattributable to members was up 57%over the previous corresponding period.From a profit perspective the yearbenefited from the strengthening in theinternational cinema exhibition busines
5、sand an improvement of the earningsfrom the Hotels and Resorts andThredbo businesses.Domesticexhibition earnings were below those ofthe prior year due mainly to various non-recurring items in the prior years result.The earnings from the Technologybusinesses,particularly Atlab,havebeen affected by re
6、duced margins,the continuing decline in domestic film production activity and the initialimpacts from changing technology.The Group recorded profits fromindividually significant items totalling$69.1 million.The individually significantitems have been detailed within thefinancial statements and inclu