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Annual Report 2003


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.
Adobe Acrobat PDF Download Concise Annual Report
File size: 2.2MB
Pages: 64

Full Financial Report

The Full Financial Report contains the detailed financial statements of the company, as well as the Directors' and auditor's report.
Adobe Acrobat PDF Download the Full Financial Report
File size: 1.8MB
Pages: 48


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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