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Relationships with over 35,000 new customers together with the strong
underlying performance of several businesses enabled Australian Unity to
record a profit of $6.5 million (post-tax) during 2002/03.
Operating revenues increased 10% as the integrated, national health care and
financial services group attracted more than 35,000 new customers to our
contemporary range of health insurance, general insurance and investment
solutions. While the profit result was below our expectations, it was achieved
during a year of difficult financial markets.
During this period we have acted to significantly strengthen the reserves
of the general insurance business and brought into account the costs of a
major restructure of the pharmacy business, as well as outlaying
investments in strategy, infrastructure and our people.
This year, Australian Unity elected to produce both a Concise Annual Report
and a Full Financial Report.
Concise Annual Report
The Concise Annual Report contains the review
of operations for the year and a detailed summary of the financial
report, together with the Directors' and auditor's statement.
Full Financial Report
The Full Financial Report contains the detailed financial statements of the company, as well as
the Directors' and auditor's report.
If you are an Australian Unity customer and would like to be mailed the Concise Annual Report
next year, please contact us on 1800 649 033, 8:30am-8:30pm Australian Eastern Standard Time, Monday-Saturday Australia-wide.
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 © 2008 Australian Unity Ltd |
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