corporate office 68 forsyth st o connor wa 6163 po box 78 hamilton hill 6963 phone 08 9314 4711 fax 2236 administration 5 9 bridges rd moorebank nsw 2170 private mailbag 7 1875 02 9821 8777 9601 3148 website www joyce com au index directors report statement of financial performance 10 position 11 cash flows 12 notes to the statements 13 declaration 36 independent audit 38 corporation ltd abn 80 009 116 269 and controlled entities 1 has achieved another year improved pro t result for ending june 2005 with an increase 4 over previous this re ects consistent improvement some years 2 433m equates 8 cents per share ow from operating activities before interest was 17 been through foam division s focus on productivity improvements cost control new market opportunities in tightening conditions other investments business have also shown strong growth during bedshed franchising pty