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Annual Report 2004


Australian Unity posted a 78% increase in profit before tax for 2003/04, with a pre-tax profit of $12.6 million from revenues of $405 million.

The Group recorded an after-tax profit of $8.1 million, up 25% on the result for 2002/03.

During this period, we have more closely defined our core business of health, financial and retirement living services, delivering valuable services to our members in these areas.

We are pleased with the results across the Group including an increase in market share for our health fund, increased support for our investment products, the profitable consolidation of our general insurance business after a period of rapid growth and the acquisition of four retirement villages and the management of a further six in NSW.

Australian Unity’s operations span health, financial and retirement living services, and now involve some 1,300 staff in five states and service the needs of over 280,000 customers and some 177,000 members nationwide.

Once again this year, Australian Unity elected to produce both a Concise Annual Report and a Full Financial 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.

The Full Financial Report contains the detailed financial statements of the company, as well as the Directors' and auditor's report.


Larger Version (high resolution graphics)


arrow Download the Concise Annual Report
File size: 1.4Mb
arrow Download the Full Financial Report
File size: 721Kb

Smaller Version (low resolution graphics)


arrow Download the Concise Annual Report
File size: 997Kb
arrow Download the Full Financial Report
File size: 413Kb


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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