Tax effect accounting

GFC Group will work closely with you to specify the method in determining income tax

expense, provision for income tax, provision for deferred income tax and future income tax

benefit so that the users entitled to rely on the accounts or group accounts are provided

with information on the impact of tax on the income of companies under provision of the

Australian Income Tax Assessment Act 1936 which is necessary for an understanding of the

financial position, performance and financing and investing of the company or group of

companies.