insert appendix a1 from harvard

 

ENTITY ACTIVITY ACQUIRED DISPOSED TYPE

OF

ENTITY

DIRECT

BFCL

INTEREST

(%)

INDIRECT

BFCL

INTEREST

(%)

TOTAL

BFCL

INTEREST (%)

REFER NOTES AFTER APP. A PERIOD OF OWNERSHIP
                  85 86 87 88 89 90
BENEFICIAL FINANCE CORPORATION LIMITED GROUP                          
Beneficial Finance Corporation Limited Leasing & general finance 01/04/84   Company Parent       X X X X X X
  Subsidiaries                            
  Beacon Credit Corporation Ltd Financier & Investor 01/04/84   Company 100.0 - 100.0   X X X X X X
  . Beneficial Factors Pty Ltd Investor 01/04/84   Company 100.0 - 100.0   X X X X X X
  . Beneficial Leasing Pty Ltd Financier 01/04/84   Company 100.0 - 100.0   X X X X X X
  . Bondi Investments Pty Ltd Financier 01/04/84   Company 100.0 - 100.0   X X X X X X
  . Smith Utilities Pty Ltd Financier 01/04/84   Company 100.0 - 100.0   X X X X X X
  . Western Acceptance Holdings Ltd Financier 01/04/84   Company 100.0 - 100.0   X X X X X X
  . Western Acceptance Pty Ltd Financier 01/04/84   Company 100.0 - 100.0   X X X X X X
  Beneficial Securities Ltd Financier 01/04/84   Company 100.0 - 100.0   X X X X X X
  The Finance Company of South Australia Ltd Financier 01/04/84   Company 100.0 - 100.0   X X X X X X
  Beneficial Finance Services Pty Ltd Financier 30/06/86   Company 100.0 - 100.0     X X X X X
  Brinim Ltd Investor 19/08/87   Company 100.0 - 100.0         X X X
  . South State Finance Pty Ltd   20/08/87   Company 100.0 - 100.0         X X X
    - Maywood Pty Ltd Investor 23/12/89   Company 100.0 - 100.0             X
    - Miraloma Pty Ltd Financier 28/02/90   Company 100.0 - 100.0             X
  . Jovial Pty Ltd Investor 17/05/88   Company 100.0 - 100.0         X X X
  Southstate Insurance Pty Ltd Captive Insurance 09/06/87   Company 100.0 - 100.0       X X X X
  Beneficial Finance (Brokers) Ltd Insurance Broker 09/12/87   Company 100.0 - 100.0 (21)       X X X
  Carcoar Pty Ltd Financier 27/04/88   Company 100.0 - 100.0 (1)       X X X
  Partnerships and Joint Ventures                            
  New Pegasus Joint Venture Bloodstock 30/06/90   Joint venture 50.0 - 50.0             X
  Mortgage Acceptance Nominees Joint Venture Real Estate Lending 01/05/88   Joint venture 50.0 - 50.0         X X X
  Lul Nominees Partnership No 685 Leasing of mining machinery 28/06/85   Partnership 50.0 - 50.0   X X X X X X
  Wheelease Partnership Motor Vehicle Leasing 24/01/85   Partnership 20.0 - 20.0   X X X X X X
  Beneficial Portfolio Leasing Parnership Leasing of Rank Xerox Equipment     Partnership 100.0 - 100.0   Information not obtained
  Shannon Rise Joint Venture Acquisition & Development of Land 26/01/89 30/06/90 Joint venture 82.2 - 82.2           X S
  State Bank Centre Partnership Construction & Ownership of State Bank Building Partnership - 10.0 10.0       X X X X
  Associated Companies                            
  Southstate Insurance Company Ltd Insurance 03/05/89   Company 50.0 - 50.0 (2)         X X
  Southstate Corporate Finance Ltd Finance 30/06/88 30/06/89 Company 49.0 51.0 100.0 (23)            
  Jeffison Pty Ltd Corporate Trustee - Pier Project Property Trust 27/04/88   Company 50.0 - 50.0 (3)       X X X
  Florac Pty Ltd Financier 09/05/88   Company 50.0 - 50.0 (3)       X X X
  Leasefin Corporation Ltd Financier 29/06/88   Company 49.0 2.0 51.0 (4)       X X X
  Equus Financial Services Ltd General Financier 24/12/87   Company 39.6 0.8 40.4 (5)       X X X
  Southern Horizons Pty Ltd Nominee Company 08/03/90   Company 33.3 - 33.3             X
  Argus International Hotels Pty Ltd Hotel Management 29/09/88   Company 25.0 - 25.0           X X
  Aquamarine Mortgage Ltd Financier 09/12/87 30/06/90 Company 49.0 2.0 51.0 (4)       X X S
  Shannon Rise Pty Ltd Manager of joint ventures 26/01/89 30/06/90 Company 24.5 1.0 25.5 (6)         X S
  Asset Risk Management Ltd Refer Sub Group at Appendix A.2B 15/02/88 30/06/90 Company 49.0 51.0 100.0 (7)       X X S
  East End Company Ltd Refer Sub Group at Appendix A.2B 13/05/88 30/06/90 Company 49.0 - 49.0 (8)       X X S
  Campbell Capital Ltd Refer Sub Group at Appendix A.2C 01/11/88 30/06/90 Company 42.0 58.0 100.0 (10)         X S
  Pacific Rim Leisure Pty Ltd Refer Sub Group at Appendix A.2D 29/08/88 30/06/90 Company 50.0 26.0 76.0 (11)         X S
  Off-Balance Sheet                            
  Kabani Pty Ltd Refer Sub Group at Appendix A.2E 27/06/85   Company - 100.0 100.0   X X X X X X
  . Ravlick Holdings Ltd Refer Sub Group at Appendix A.2F     Company - 100.0 100.0 (9)       X X X
  Fortina Pty Ltd Refer Sub Group at Appendix A.2G 12/06/86   Company   100.0 100.0     X X X X X
  Lagan Pty Ltd Refer Sub Group at Appendix A.2G 28/06/85   Company   100.0 100.0   X X X X X X
  Malary Pty Ltd Refer Sub Group at Appendix A.2G 06/05/86   Company   100.0 100.0     X X X X X
  IBM Centre Unit Trust Property Investor     Unit Trust - 100.0 100.0 (22)         X X

 

BENEFICIAL FINANCE CORPORATION LIMITED SUB GROUPS                          
Asset Risk Management Ltd Sub Group Trading Companies                            
Asset Risk Management Ltd Holding Company 15/02/88 30/06/90 Company - 100.0 100.0 (7)       X X S
  Subsidiaries                            
  Centrelease Equipment Finance Pty Ltd Leasing & General Financier 15/02/88 30/06/90 Company - 100.0 100.0 (19)       X X S
  . Centrelease Finance Corporation Pty Ltd Leasing & General Financier 21/06/88 30/06/90 Company - 100.0 100.0         X X S
  . Arm Wholesale Finance Ltd Leasing & General Financier 21/06/88 30/06/90 Company - 100.0 100.0         X X S
  Arm Equipment Finance Pty Ltd Leasing & General Financier 28/03/88 30/06/90 Company - 100.0 100.0         X X S
  Centrelease Holdings Pty Ltd Finance and Leasing 21/04/88 30/06/90 Company - 75.1 75.1         X X S
  . Centrelease Management Pty Ltd Leasing & General Financier 21/04/88 30/06/90 Company - 75.1 75.1         X X S
  . Centrelease Corporation (NSW) Pty Ltd Lease Broker 21/04/88 30/06/90 Company - 75.1 75.1         X X S
  . Centrelease Corporation Pty Ltd Lease Broker 21/04/88 30/06/90 Company - 75.1 75.1 (20)       X X S
  . Centrelease Corporation (Vic) Pty Ltd Lease Broker 21/04/88 30/06/90 Company - 75.1 75.1         X X S
  Centrelease Equipment Rentals Ltd Finance and Leasing 15/02/88 30/06/90 Company - 100.0 100.0 (19)       X X S
  East End Company Ltd Sub Group                            
  The East End Company Ltd Property Developer & Investor 13/05/88 31/12/89 Company - 49.0 49.0 (8)       X X S
  Subsidiaries                            
  The East End Market Company Ltd Property Investor 13/05/88 31/12/89 Company - 49.0 49.0 (8)       X X S
  . Westart Pty Ltd Investor 13/05/88 31/12/89 Company - 49.0 49.0 (8)       X X S
  . Manier Pty Ltd Financier & Investor 13/05/88 31/12/89 Company - 49.0 49.0 (8)       X X S
  . Adelaide Sunday Market Pty Ltd Trustee Company                          
        - Sunday Market Unit Trust 13/05/88 31/12/89 Company - 49.0 49.0 (8)       X X S

 

BENEFICIAL FINANCE CORPORATION LIMITED SUB GROUPS                          
Campbell Capital Ltd Sub Group                            
Campbell Capital Ltd Investment Banker 01/11/88 30/06/90 Company 42.0 58.0 100.0 (10)         X S
  Subsidiaries                            
  Campbell Capital Securities Pty Ltd Securities Company 01/11/88 30/06/90 Company - 100.0 100.0           X S
  Campbell Capital Investors Pty Ltd Investment Company 01/11/88 30/06/90 Company - 100.0 100.0           X S
  Legis (No 22) Pty Ltd Investment Company 01/11/88 30/06/90 Company - 100.0 100.0           X S
  Tynjang Pty Ltd Investment Company 01/11/88 30/06/90 Company - 100.0 100.0           X S
  Campbell Capital Properties Pty Ltd Holding Company 01/11/88 30/06/90 Company - 100.0 100.0           X S
  Clashmore Investments Pty Ltd Property Investor 01/11/88 30/06/90 Company - 100.0 100.0           X S
  Arreton Investments Pty Ltd Investor 01/03/90 30/06/90 Company - 100.0 100.0             S
  Campbell Capital Nominees Pty Ltd Nominee Company 01/11/88 30/06/90 Company - 100.0 100.0           X S
  Campbell Capital (Asia) Pty Ltd Non trading 23/12/88 30/06/90 Company - 100.0 100.0           X S
  Fordcombe Investments Pty Ltd Non trading 01/11/88 30/06/90 Company - 100.0 100.0           X S
  IBIS Information International Pty Ltd Management Consultants 08/06/89 30/06/90 Company - 75.0 75.0 (12)         X S
  . Ibis Research & Development Pty Ltd EDP Research & Development 08/06/89 30/06/90 Company - 75.0 75.0           X S
  . Ibis Business Information Pty Ltd Database Services 08/06/89 30/06/90 Company - 75.0 75.0           X S
  . Ibis Strategy Consultants Pty Ltd Strategic Planning 08/06/89 30/06/90 Company - 75.0 75.0           X S
  . Ibis Corporate Services Pty Ltd Administration Services 08/06/89 30/06/90 Company - 75.0 75.0           X S
  . Ibis Human Resources Pty Ltd Management Consultants 08/06/89 30/06/90 Company - 75.0 75.0           X S
  . Ibis Deloitte Pty Ltd Non trading 08/06/89 30/06/90 Company - 75.0 75.0           X S
  . Ibis Corporate Services Unit Trust Non trading 08/06/89 30/06/90 Unit Trust - 75.0 75.0              
  Trusts                            
  Willandra Village Trust Retirement Village     Trust - 50.0 50.0   Information not obtained
  Associated Companies                            
  Campbell Capital (WA) Ltd Investment banker 30/06/89 30/06/90 Company - 50.0 50.0           X S
  Vacubrite Pty Ltd Manufacturer 01/11/88 30/06/90 Company - 50.0 50.0           X S
  Abaport Pty Ltd Financier   30/06/90 Company - 50.0 50.0   Information not obtained
  Campbell EOC Pty Ltd Investor & Financier 01/11/88 30/06/90 Company - 50.0 50.0           X S
  Willandra Village Pty Ltd Proprietor of Retirement Village 01/11/88 30/06/90 Company - 50.0 50.0           X S
  Willandra Village Management Pty Ltd Manager of Retirement Village 01/11/88 30/06/90   - 50.0 50.0   Information not obtained
  Ozanta Pty Ltd Agent for Ozanta Partnership 01/11/88 30/06/90 Company - 50.0 50.0           X S
  Campbell May International Property Advisor 01/11/88 30/06/90   - 50.0 50.0             S
  Realty Pty Ltd (50 sold during 1990) 01/11/88 30/06/90 Company - 50.0 50.0           X S
  Ulawind Pty Ltd Non Trading   30/06/90 Company - 50.0 50.0   Information not obtained
  Millihaven Pty Ltd Furniture Retailer   30/06/90 Company - 33.0 33.0   Information not obtained
  Signature Handprints Pty Ltd Information not on Hand   30/06/90 Company - 25.0 25.0   Information not obtained
  Deckill Pty Ltd Trustee - Pt Douglas Property Trust 01/11/88 30/06/90 Company - 25.0 25.0 (13)         X S
  Nazair Pty Ltd Trustee - Pt Douglas Holding Trust 01/11/88 30/06/90 Company - 25.0 25.0 (13)         X S
  Auto Plaza Pty Ltd Property Investor 01/11/88 30/06/90 Company - 25.0 25.0           X S
  Homebase Ltd Property Investor 01/11/88 30/06/90 Company - 24.0 24.0           X S
  Dacanti Pty Ltd Equity Investment by Campbell Capital Ltd 20/10/89 30/06/90 Company - 11.9 11.9             S
  Nearctic Ltd Electronic Research & Development 01/11/88 30/06/90 Company - 10.3 10.3           X S
  Deckoy Pty Ltd Unit Holder in Port Douglas Holding Trust 30/06/90   Company - 0.0 0.0   Information not obtained
  Rypque Pty Ltd Unit Holder in Pt Douglas Unit Trust 26/10/87 30/06/90 Company - 0.0 0.0   Information not obtained

 

BENEFICIAL FINANCE CORPORATION LIMITED SUB GROUPS                          
Pacific Rim Leisure Sub Group                            
Pacific Rim Leisure Pty Ltd Property Financier 29/08/88 30/06/90 Company 49.0 26.0 75.0 (11)         X S
  Subsidiaries                            
  Resources Unlimited Pty Ltd Investment Company 03/05/89 30/06/90 Company 49.0 26.0 75.0           X S
  Port Bedourie Pty Ltd Trustee Company 12/04/89 30/06/90 Company 49.0 26.0 75.0           X S
  Caloundra Fishermen's Wharf Pty Ltd Non Trading 03/05/89 30/06/90 Company 49.0 26.0 75.0           X S
  Naza Pty Ltd Resort Developer 29/08/88 30/06/90 Company 49.0 26.0 75.0           X S
  Pier Marketplace & Barrows Pty Ltd Retail Developer 09/05/89 30/06/90 Company 49.0 26.0 75.0           X S
  Pier Marketplace Tavern Pty Ltd Retail Developer 09/05/89 30/06/90 Company 49.0 26.0 75.0           X S
  Pier Marketplace Food Court & Themed Restaurants Pty Ltd Retail Developer 15/06/89 30/06/90 Company 49.0 26.0 75.0           X S
  Pier Marketplace Marina & Ancillary Facilities Pty Ltd Retail Developer 15/06/89 30/06/90 Company 49.0 26.0 75.0           X S
  Pier Marketplace Speciality Retail Pty Ltd Retail Developer 15/06/89 30/06/90 Company 49.0 26.0 75.0           X S
  Ramada Pacific Rim Pty Ltd Hotel Development 31/03/89 30/06/90 Company 24.5 13.0 37.5           X S
  Pier Cairns Pty Ltd Resort Developer 29/08/88 30/06/90 Company 24.5 13.0 37.5           X S
  . Cairns Shelfco No. 16 Pty Ltd Property & Project Administrator 29/08/88 30/06/90 Company 24.5 13.0 37.5           X S
  Trusts                            
  Caloundra Fishermen's Wharf Unit Trust Property Holder 29/08/88 30/06/90 Unit Trust 49.0 26.0 75.0           X S
  Port Douglas Property Trust Property Trust 29/08/88 30/06/90 Unit Trust 49.0 26.0 75.0           X S
  Port Douglas Holding Trust Investment in Property Trust 29/08/88 30/06/90 Unit Trust 49.0 26.0 75.0           X S

 

BENEFICIAL FINANCE CORPORATION LIMITED SUB GROUPS                          
Kabani Pty Ltd Group                            
Kabani Pty Ltd Investor 27/06/85   Company - 100.0 100.0   X X X X X X
  Subsidiaries                            
  Tattie Pty Ltd Financier 25/05/88   Company - 100.0 100.0         X X X
  Namtok Pty Ltd Investor 13/10/87   Company - 100.0 100.0         X X X
  . Gumflower Pty Ltd Property Investor 13/10/87   Company - 100.0 100.0         X X X
  Gaimop Pty Ltd Investor-Equiticorp Receivables 11/01/88   Company - 100.0 100.0         X X X
  Dynour Pty Ltd Investor-Equiticorp Receivables 11/01/88   Company - 100.0 100.0         X X X
  Pokolbin Pty Ltd Non trading-Guarantor 13/05/88   Company - 100.0 100.0         X X X
  Export Park Pty Ltd Corporate Trustee Co-Adelaide Development Unit Trust 09/06/88   Company - 100.0 100.0         X X X
  Swale Pty Ltd Corporate Trustee Co-Swale Unit Trust 10/03/88   Company - 100.0 100.0         X X X
  Alluvio Ltd Corporate Trustee Co-Alluvio Unit Trust 13/11/87   Company - 100.0 100.0         X X X
  Merri View Ltd Corporate Trustee Co-Roxby Downs Investment Trust 20/04/88   Company - 100.0 100.0         X X X
  Pukka Ltd Corporate Trustee Co-Roxby Downs Site Trust 20/04/88   Company - 100.0 100.0         X X X
  Leipa Pty Ltd Corporate Trustee Co-Adelaide Commercial Property Trust 21/12/87   Company - 100.0 100.0         X X X
  Kymborn Pty Ltd Corporate Trustee Co 29/09/88   Company - 100.0 100.0           X X
  Tomlin Pty Ltd Corporate Trustee Co-Tomlin Unit Trust 01/02/88   Company - 100.0 100.0         X X X
  Curren Pty Ltd Corporate Trustee Co-Curren Unit Trust 02/11/87   Company - 100.0 100.0         X X X
  Bisque Pty Ltd Corporate Trustee Co-Bisque Unit trust 08/12/87   Company - 100.0 100.0         X X X
  Belleville Pty Ltd Corporate Trustee Co-Belleville Unit Trust 12/07/89   Company - 100.0 100.0             X
  . Holbeach Pty Ltd Lease Financier 12/07/89   Company - 100.0 100.0             X
  Springwood Pty Ltd Real Estate Investor 23/05/88 29/12/89 Company - 100.0 100.0         X X S

 

  Partnerships and Joint Ventures                            
  Mindarie Keys Joint Venture Property Developer 19/10/87   Joint Venture - 50.0 50.0         X X X
  Monash Gateway Joint Venture Land for development or resale 01/07/88   Joint Venture - 50.0 50.0           X X
  Templestowe Joint Venture Property Developer 24/10/88   Joint Venture - 50.0 50.0           X X
  Mackenzie Hill Joint Venture Land for development or resale 19/12/88   Joint Venture - 50.0 50.0           X X
  Southbank Joint Venture Land for development or resale 24/10/88   Joint Venture - 40.0 40.0           X X
  Associated Companies                            
  Mindarie Keys Resort Hotel Pty Ltd Hotel, Leisure & Tourism 29/06/88   Company - 50.0 50.0         X X X
  Monash Gateway Pty Ltd Nominee Co-Monash Gateway Joint Venture 31/12/86   Company - 50.0 50.0 (24)     X X X X
  Corichem Pty Ltd Nominee Co-Templestowe Joint Venture 25/07/88   Company - 50.0 50.0           X X
  Mackenzie Hill Pty Ltd Investor 10/02/89   Company - 50.0 50.0           X X
  Allied Westralian Finance Ltd Leasing & General Finance 30/06/86   Company - 50.0 50.0 (25)   X X X X X
  Ravlick Holdings Ltd Refer Sub Group at Appendix A.2F 25/02/88     - 100.0 100.0 (9)         X X
  Mortgage Acceptance                            
  Nominees Ltd Nominee 30/05/88   Company - 50.0 50.0         X X X
  Dubete Pty Ltd Agent for Mortgage Acceptance Nominees Ltd 08/06/90   Company - 50.0 50.0             X
  101-107 Grattan Street Carlton P/L Nominee 08/06/89   Company - 50.0 50.0           X X
  Sanyasi Pty Ltd Nominee 02/06/89   Company - 50.0 50.0           X X
  Striped Lighting (No 1) Pty Ltd Nominee Co-Southbank Joint Venture 30/12/86   Company - 40.0 40.0 (26)     X X X X
  Cordington Pty Ltd Corporate Trustee Co-IBM Cent 28/08/87   Company - 50.0 50.0 (14)       X X X
  Centrelease Corporation Pty Ltd Lease Broker 01/07/85 21/04/88 Company - 4.0 4.0 (17)   X X X X X
  Centrelease Equipment Finance P\L Leasing and general financier 30/06/86 15/02/88 Company - 80.0 80.0 (18)   X X X X X
  Centrelease Equipment Rental P\L Finance and leasing 30/06/86 15/02/88 Company - 80.0 80.0 (18)   X X X X X

 

BENEFICIAL FINANCE CORPORATION LIMITED SUB GROUPS                          
Ravlick Holdings Ltd Sub Group                            
Ravlick Holdings Ltd Financier 25/02/88   Company - 100.0 100.0 (9)       X X X
  Subsidiaries                            
  Almonda Developments Ltd Property Investor 28/07/89   Company - 51.0 51.0             X
  Ellgis Enterprises Ltd Property Investor 28/07/89   Company - 51.0 51.0             X
  Ellgis Holdings Ltd Property Investor 28/07/89   Company - 51.0 51.0             X
  Sandgate Developments Ltd Property Investor 28/07/89   Company - 51.0 51.0             X
  Wingwood Enterprises Ltd Property Investor 28/07/89   Company - 51.0 51.0             X
  Palawan Holdings Ltd Property Holding Company 28/07/89   Company - 51.0 51.0             X
  Hackberry Management Ltd Financier 15/12/89   Company - 100.0 100.0             X
  Senelier Projects Ltd Trustee for Southstate One & Two Unit Trusts 30/06/89   Company - 82.0 82.0 (15)         X X
  Southstate One Unit Trust Investor in Southstate Two Unit Trust 09/09/89   Unit Trust - 82.0 82.0 (15)           X
  Southstate Two Unit Trust Investor in property owning companies 09/09/89   Unit Trust - 82.0 82.0 (15)           X

 

BENEFICIAL FINANCE CORPORATION LIMITED SUB GROUPS                          
Fortina Pty Ltd Group                            
Fortina Pty Ltd Investor 12/06/86   Company - 100.0 100.0     X X X X X
  Subsidiaries                            
  Hudson & Wallace (Trading) Pty Ltd Land Developer 25/02/87   Company - 100.0 100.0       X X X X
  Tacking Point Downs Pty Ltd Property Developer 25/02/87   Company - 100.0 100.0       X X X X
Lagan Pty Ltd                            
Lagan Pty Ltd Leasing & General Financier 28/06/85   Company - 100.0 100.0   X X X X X X
Malary Pty Ltd                            
Malary Pty Ltd Financier & Investor 06/05/86   Company - 100.0 100.0     X X X X X
  Subsidiaries                            
  Village Resort Ltd Corporate Trustee Co-Kennedy Family Trust 07/06/88   Company - 100.0 100.0         X X X
  Village Resort Management Ltd Management Company 07/06/88   Company - 100.0 100.0         X X X
  Partnerships and Joint Ventures                            
  Pegasus Leasing Joint Venture Advancing monies to Bloodstock Industry 31/12/87   Joint Venture - 50.0 50.0       X X X X
  Trusts                            
  Kennedy Family Trust Sale of Time Share Units 22/07/88   Trust - 100.0 100.0         X X X
  Associated Companies                            
  Pegasus Leasing Ltd General Financier & Leasing 29/01/88   Company - 50.0 50.0         X X X
  Rivlin & Associates Pty Ltd Debt Factoring 01/07/87   Company - 50.0 50.0     X X X X X
  Bloodstock Trading International Ltd Bloodstock 10/07/89   Company - 43.5 43.5           X X
  Bloodstock Management International Pty Ltd Partnership Management 01/11/88   Company - 37.5 37.5         X X X
  Village Resort Vacations Ltd Timeshare Sales 11/08/87   Company - 1.0 1.0       X X X X
  Asset Risk Management Ltd Market operating leases 30/11/88 30/06/90 Company - 100.0 100.0 (16)       X X S
ENTITY ACTIVITY ACQUIRED DISPOSED TYPE

OF

ENTITY

DIRECT

SCHL

INTEREST

(%)

TOTAL

SCHL

INTEREST

(%)

REFER

NOTES

AFTER

APP.A

PERIOD OF OWNERSHIP
                85 86 87 88 89 90
SOUTHSTATE CORPORATE HOLDINGS LTD GROUP                        
  Subsidiaries                          
  Southstate Corporate Holdings Ltd Investor 31/05/89   Company 100.0 100.0           X X
  Southstate Properties Ltd Property Investor 27/06/89   Company 100.0 100.0           X X
  . The East End Company Ltd Refer Sub Group at Appendix A.3B 29/12/89     100.0 100.0         B B X
  . Springwood Pty Ltd Real Estate Investor 30/06/90   Company 100.0 100.0             X
  Southstate Investments Ltd Financier & Investor 29/09/89   Company 100.0 100.0             X
  . Pacific Rim Leisure Pty Ltd Refer Sub Group at Appendix A.3D 30/06/90   Company 100.0 100.0             X
  Port Bedourie Pty Ltd Corporate Trustee Company 30/06/90   Company 100.0 100.0             X
  Caloundra Fishermen's Wharf Pty Ltd Non Trading 30/06/90   Company 100.0 100.0             X
  Resources Unlimited Pty Ltd Investment Company 30/06/90   Company 100.0 100.0             X
  Southstate International Ltd Investor 31/05/89   Company 100.0 100.0           X X
  Southstate Holdings Ltd Investor 23/06/89   Company 100.0 100.0           X X
  . Southstate Corporate Finance Ltd Financier 23/06/89   Company 100.0(27) 100.0 (27)         X  
  Guan Holdings Holding Company for NZ Activities 28/06/90   Company 100.0 100.0             X
  Wheelease NZ Pty Ltd Motor Vehicle Leasing 28/06/90   Company 100.0 100.0             X
  Farren Nine Ltd Property Investor 28/06/90   Company 100.0 100.0             X
  Photinia Properties Ltd Property Owner 30/06/89   Company 100.0 100.0           X X
  Parador Projects Ltd Property Owner 30/06/89   Company 100.0 100.0           X X
  Naviti Properties Ltd Property Owner 30/06/89   Company 100.0 100.0           X X
  Aquamarine Mortgage Ltd Financier 30/06/90   Company 100.0 100.0         B B X
  Southstate Associates Ltd Financier & Investor 30/09/89   Company 100.0 100.0             X
  Campbell Capital Ltd Refer Sub Group at Appendix A.3C 30/06/90   Company 100.0 100.0           B X
  Asset Risk Management Refer Sub Group at Appendix A.3B 30/06/90   Company 100.0 100.0         B B X
  Shannon Rise Pty Ltd Land Developer 30/06/90   Company 66.7 66.7           B X
  Associated Companies                          
  Sturt Finance Pty Ltd Vehicle Finance 03/11/89   Company 50.0 50.0             X
  Ramada Pacific Rim Pty Ltd Hotel Development 30/06/90   Company 50.0 50.0             X
  Ce'nedra Pty Ltd Corporate Trustee Company - Ramada Parrammatta Unit Trust 27/06/90   Company 50.0 50.0             X
  Lake Miami Pty Ltd Holder of a Liquor Licence     Company 50.0 50.0             X
  Lake Mila Pty Ltd Shelf Company Holder of Liquor Licence 30/06/90   Company 50.0 50.0             X
  Oakbeach Pty Ltd Shelf Company Holder of Liquor Licence 30/06/90   Company 50.0 50.0             X
  Brooklyn Resorts Pty Ltd Hotel Development 30/06/90   Company 50.0 50.0             X
  Partnerships and Joint Ventures                          
  Shannon Rise Joint Venture Acquisition & Development of Land 30/06/90   Joint Venture 82.2 82.2           B X
  Gratton Street Carlton Joint Venture Land for development or resale 23/10/89   Joint Venture 50.0 50.0             X
  Rosebud Joint Venture Property Development 23/10/89   Joint Venture 50.0 50.0             X
  Trusts                          
  Sunday Market Unit Trust Market Activities 29/06/89   Unit Trust 100.0 100.0           X X

 

SOUTHSTATE CORPORATE HOLDINGS LIMITED SUB GROUPS                        
Asset Risk Management Ltd Sub Group Trading Companies                          
Asset Risk Management Ltd Holding Company - market operating leases 30/06/90   Company 100.0 100.0         B B X
  Subsidiaries                          
  Centrelease Equipment Finance Pty Ltd Leasing & General Financier 30/06/90   Company 100.0 100.0         B B X
  . Centrelease Finance Corporation Pty Ltd Leasing & General Financier 30/06/90   Company 100.0 100.0         B B X
  . Arm Wholesale Finance Ltd Leasing & General Financier 30/06/90   Company 100.0 100.0         B B X
  Arm Equipment Finance Pty Ltd Leasing & General Financier 30/06/90   Company 100.0 100.0         B B X
  Centrelease Holdings Pty Ltd Finance and Leasing 30/06/90   Company 75.1 75.1         B B X
  . Centrelease Management Pty Ltd Leasing & General Financier 30/06/90   Company 75.1 75.1         B B X
  . Centrelease Corporation (NSW) Pty Ltd Lease Broker 30/06/90   Company 75.1 75.1         B B X
  . Centrelease Corporation Pty Ltd Lease Broker 30/06/90   Company 75.1 75.1         B B X
  . Centrelease Corporation (Vic) Pty Ltd Lease Broker 30/06/90   Company 75.1 75.1         B B X
  Centrelease Equipment Rentals Ltd Finance and Leasing 30/06/90   Company 100.0 100.0         B B X
East End Company Ltd Sub Group                          
The East End Company Ltd Property Developer & Investor 31/12/89   Company 100.0 100.0o         B B X
  Subsidiaries                          
  The East End Market Company Ltd Property Investor 31/12/89   Company 100.0 100.0         B B X
  . Westart Pty Ltd Investor 31/12/89   Company 100.0 100.0         B B X
  . Manier Pty Ltd Financier & Investor 31/12/89   Company 100.0 100.0         B B X
  . Adelaide Sunday Market Pty Ltd Trustee Company - Sunday Market Unit Trust 31/12/89   Company 100.0 100.0         B B X

 

SOUTHSTATE CORPORATE HOLDINGS LIMITED SUB GROUPS                        
Campbell Capital Ltd Sub Group                          
Campbell Capital Ltd Investment Banker 30/06/90   Company 100.0 100.0           B X
  Subsidiaries                          
  Campbell Capital Securities Pty Ltd Securities Company 30/06/90   Company 100.0 100.0           B X
  Campbell Capital Investors Pty Ltd Investment Company 30/06/90   Company 100.0 100.0           B X
  Legis (No 22) Pty Ltd Investment Company 30/06/90   Company 100.0 100.0           B X
  Tynjang Pty Ltd Investment Company 30/06/90   Company 100.0 100.0           B X
  Campbell Capital Properties Pty Ltd Holding Company 30/06/90   Company 100.0 100.0           B X
  Clashmore Investments Pty Ltd Property Investor 30/06/90   Company 100.0 100.0           B X
  Arreton Investments Pty Ltd Investor 30/06/90   Company 100.0 100.0             X
  Campbell Capital Nominees Pty Ltd Nominee Company 30/06/90   Company 100.0 100.0           B X
  Campbell Capital (Asia) Pty Ltd Non trading 30/06/90   Company 100.0 100.0           B X
  Fordcombe Investments Pty Ltd Non trading 30/06/90   Company 100.0 100.0           B X
  IBIS Information International Pty Ltd Management Consultants 30/06/90   Company 75.0 75.0           B X
  . IBIS Research & Development Pty Ltd EDP Researsh & Development 30/06/90   Company 75.0 75.0           B X
  . IBIS Business Information Pty Ltd Database Services 30/06/90   Company 75.0 75.0           B X
  . IBIS Strategy Consultants Pty Ltd Strategic Planning 30/06/90   Company 75.0 75.0           B X
  . IBIS Corporate Services Pty Ltd Administration Services 30/06/90   Company 75.0 75.0           B X
  . IBIS Human Resources Pty Ltd Management Consultants 30/06/90   Company 75.0 75.0           B X
  . IBIS Deloitte Pty Ltd Non trading 30/06/90   Company 75.0 75.0           B X
  . IBIS Corporate Services Unit Trust Non trading 30/06/90   Unit Trust 75.0 75.0              
  Trusts                          
  Willandra Village Trust Retirement Village     Trust 50.0 50.0   Information not obtained
  Associated Companies                          
  Campbell Capital (WA) Ltd Investment banker 30/06/90   Company 50.0 50.0           B X
  Vacubrite Pty Ltd Manufacturer 30/06/90   Company 50.0 50.0           B X
  Abaport Pty Ltd Financier 30/06/90   Company 50.0 50.0   Information not obtained
  Campbell EOC Pty Ltd Investor & Financier 30/06/90   Company 50.0 50.0           B X
  Willandra Village Pty Ltd Proprietor of Retirement Village 30/06/90   Company 50.0 50.0           B X
  Willandra Village Management Pty Ltd Manager of Retirement Village 30/06/90     50.0 50.0   Information not obtained
  Ozanta Pty Ltd Agent for Ozanta Partnership 30/06/90   Company 50.0 50.0           B X
  Campbell May International Property Advisor 30/06/90     50.0 50.0             X
  Realty Pty Ltd (50 sold during 1990) 30/06/90   Company 50.0 50.0           B X
  Ulawind Pty Ltd Non Trading 30/06/90   Company 50.0 50.0   Information not obtained
  Millihaven Pty Ltd Furniture Retailer 30/06/90   Company 33.0 33.0   Information not obtained
  Signature Handprints Pty Ltd Information not on Hand 30/06/90   Company 25.0 25.0   Information not obtained
  Deckill Pty Ltd Trustee - Pt Douglas Property Trust 30/06/90   Company 25.0 25.0           B X
  Nazair Pty Ltd Trustee - Pt Douglas Holding Trust 30/06/90   Company 25.0 25.0           B X
  Auto Plaza Pty Ltd Property Investor 30/06/90   Company 25.0 25.0           B X
  Homebase Ltd Property Investor 30/06/90   Company 24.0 24.0           B X
  Dacanti Pty Ltd Equity Investment by Campbell Capital Ltd 30/06/90   Company 11.9 11.9             X
  Nearctic Ltd Electronic Research & Development 30/06/90   Company 10.3 10.3           B X
  Deckoy Pty Ltd Unit Holder in Port Douglas Holding Trust 30/06/90   Company 0.0 0.0   Information not obtained
  Rypque Pty Ltd Unit Holder in Pt Douglas Unit Trust 30/06/90   Company 0.0 0.0   Information not obtained

 

SOUTHSTATE CORPORATE HOLDINGS LIMITED SUB GROUPS                        
Pacific Rim Leisure Sub Group                          
Pacific Rim Leisure Pty Ltd Property Financier 30/06/90   Company 100.0 100.0           B X
  Subsidiaries                          
  Resources Unlimited Pty Ltd Investment Company 30/06/90   Company 100.0 100.0           B X
  Port Bedourie Pty Ltd Trustee Company 30/06/90   Company 100.0 100.0           B X
  Caloundra Fishermen's Wharf Pty Ltd Non Trading 30/06/90   Company 100.0 100.0           B X
  Naza Pty Ltd Resort Developer 30/06/90   Company 100.0 100.0           B X
  Pier Cairns Pty Ltd Resort Developer 30/06/90   Company 50.0 50.0           B X
  . Pier Marketplace & Barrows Pty Ltd Retail Developer 30/06/90   Company 50.0 50.0           B X
  . Pier Marketplace Tavern Pty Ltd Retail Developer 30/06/90   Company 50.0 50.0           B X
  . Pier Marketplace Food Court & Themed - Restuarants Pty Ltd Retail Developer 30/06/90   Company 50.0 50.0              
  . Pier Marketplace Marina & Ancillary - Facilities Pty Ltd Retail Developer 30/06/90   Company 50.0 50.0           B X
  . Pier Marketplace Specialty Retail Pty Ltd Retail Developer 30/06/90   Company 50.0 50.0           B X
  . Cairns Shelfco No. 16 Pty Ltd Hotel Development 30/06/90   Company 50.0 50.0           B X
  Ramada Pacific Rim Pty Ltd Property & Project Administrator 30/06/90   Company 50.0 50.0           B X
  Trusts                          
  Caloundra Fishermen's Wharf Unit Trust Property Holder 30/06/90   Unit Trust 100.0 100.0           B X
  Port Douglas Property Trust Property Trust 30/06/90   Unit Trust 100.0 100.0           B X
  Port Douglas Holding Trust Investment in Property Trust 30/06/90   Unit Trust 100.0 100.0           B X

REFERENCE NOTES

BENEFICIAL FINANCE CORPORATION LIMITED GROUP

(1) 50% Bondi Investments Pty Ltd

50% Thomson Simmons Nominees Pty Ltd

100% owned by BFCL from 31/5/90

(2) 40% owned by SBSA, 10% external parties

(3) 50% owned by Thomson Simmons Nominees Pty Ltd

(4) 30/06/86 : 100% BFCL

31/12/86 : 100% Kabani

31/12/87 : 51% BFCL

30/06/89 : 49% BFCL, 2% Kabani

(5) 0.8% Kabani Pty Ltd. Reduced ownership due to allotment of shares on 31/10/89 to an external entity.

Prior to this BFCL ownership was 49.5%.

(6) 1% Kabani Pty Ltd

(7) 1988: 1% Kabani, 49% BFCL, until 15/11/88,

then: 1% Kabani, 49% BFCL, 50% Malary, until 30/6/90.

(8) from 29/6/89, further 49% owned by Southstate Properties Ltd

(9) 30/06/89 : 48% Kabani, 48% Malary, 4% Thomson Simmons Nominees Pty Ltd

30/06/90 : 99.9% Kabani, 0.01% Malary

(10) 58% Kabani

(11) 26% Kabani

(12) 47% Campbell Capital Ltd, 28% SBSA

(13) further 25% Pacific Rim Leisure Pty Ltd

(14) further 50% by Lagan Pty Ltd

(15) further 18% owned by Beneficial Properties Pty Ltd, a wholly owned subsidiary of SBSA.

(16) 49% BFCL, 1% Kabani, 50% Malary. See also note (7).

(17) sold to Centrelease Holdings Pty Ltd

(18) sold to Asset Risk Management Pty Ltd

(19) acquired 80% of total from Kabani

(20) acquired 4% of total from Kabani

(21) 30/06/88 : 80% BFCL, 20% external

30/06/89 : 100% BFCL

(22) 50% Brinim Ltd, 50% SCHL

(23) 49% Kabani, 2% Thomson Simmons Pty Ltd

(24) 30/06/87 : 100% Kabani

30/06/89 : 50% Kabani

(25) 30/06/86 : 70% Kabani, 30% external

30/06/87 : 50% Kabani

(26) 30/12/86 : 100% Kabani

30/06/89 : 40% Kabani, 60% external

(27) Sold on 30/06/90 to State Bank (NZ)

KEY TO SYMBOLS

X Period of ownership by Beneficial Finance Corporation Limited

S Sold to Southstate Corporate Holdings Ltd

INSERT APPENDIX B FROM HARVARD

 

MEMBERS QUALIFICATIONS 30/06/84 30/06/85 30/06/86 30/06/87 30/06/88 30/06/89 30/06/90 30/06/91
Mr Lewis Barrett OBE FCA, ACIS Apt Director 23/07/84 Apt Chairman 10/84 Chairman Chairman Chairman Chairman Retired 11/08/89  
Mr Kenneth D Williams AM BEc, FASA Chairman Deputy Chairman Deputy Chairman Deputy Chairman Deputy Chairman Deputy Chairman Retired 29/06/90  
Mr John A Baker AASA, CPA, ACIS, AAIB Managing Director Managing Director Managing Director Managing Director Managing Director Managing Director Managing Director Resigned 31/08/90
Mr Neil McL Barrell FCA Director Director Director Director Director Deceased 05/07/89    
Mr Timothy Marcus Clark MBA (Harvard) Apt Director 28/03/84 Director Director Director Director Director Director Resigned 10/02/91
Mr Charles H Rennie CBE None disclosed Director Retired 30/06/85            
Mr David W Simmons LLB Apt Director 26/04/84 Director Director Director Director Director Chairman Resigned 25/03/91
Mr John B Studdy BEc, FCA Director Director Director Director Director Director Director Director
Mr Kenneth S Matthews AASA, CPA, ACIS, FAIB Apt Director 23/07/84 Director Director Director Director Director Retired 25/05/90  
Mr Robert P Searcy BEc, FCA Apt Director 23/07/84 Director Director Director Director Director Deputy Chairman Resigned 26/03/91
Mr R Donald Malcolmson MBE BSc, FAIM       Director Director Director Retired 29/06/90  
Mr Michael G Hamilton BA, AASA             Apt Director 29/06/90 Resigned 14/03/91
Mr Albert R Prowse B Comm (Hons) MSC             Apt Director 29/06/90 Acting Chairman
Mr Anthony G Summers RDA, AAIV, MATAA           Apt Director 28/07/89 Director Resigned 25/03/91
Mr John D Malouf BE (Hons) MBA               Apt Managing Director 26/10/90
Mr Robert D E Bakewell AO BSc (Ec)               Apt Director

29/04/91

Mr Stephen G Paddison Not available               Apt 10/04/91

Resigned 04/06/91

Mr Michael S Shanahan None disclosed               Apt Director 04/06/91

 

Source: Compiled from Annual Reports for the years ended 30/06/84 to 30/06/91 and reflects position as at the time such reports were dated.

EXECUTIVE COMMITTEE APPENDIX D

MEMBERS 30/06/85(1) 30/06/86(1) 30/06/87(1) 30/06/88(1) 30/06/89(1) 30/06/90(1) 01/91(2)
Mr John A Baker Member Member Member Member Member    
Mr Manob Chakravarti Member Member Member Member Member Member  
Mr David Q Copeland Member            
Mr John G Graham Member Member Member        
Mr Rhys Horwood Member Member Member Member Member Member Member
Mr Erich P Reichert Member Member Member Member Member    
Mr Geoff B Strutton Member            
Mr Bruce D Barton   Member Member Member      
Mr John D Malouf       Member Member Member Member
Mr Gareth A O'Brien       Member Member    
Mr Garry L Martin       Member Member    
Mr Graeme J Yelland       Member Member Member Member
Mr Michael G Hamilton           Member Member
Mr Geoff Abbott           Member Member
Mr Roger N Sexton         Member Member Member
Mr Ian Kowalick             Member
Mr Glynn Hewitt             Member
Mr Trevor Siegele             Member

Source: (1) Compiled from Annual Reports for the years ended 30/06/85 to 30/06/90.

(2) Compiled from notice advising of Executive Committee meeting to be held on 21/01/91.