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Notes to and forming part of the Financial Statements
For the year ended 30 June 2006
In this section:
- Note 1: Summary of Significant Accounting Policies
- Note 2: The impact of the transition to AEIFRS from previous AGAAP
- Note 3: Economic Dependency
- Note 4: Events Occuring After Reporting Date
- Note 5: Income
- Note 6: Operating Expenses
- Note 7: Financial Assets
- Note 8: Non-Financial Assets
- Note 9: Provisions
- Note 10: Payables
- Note 11: Cash Flow Reconciliation
- Note 12: Director Remuneration
- Note 13: Related Party Disclosures
- Note 14: Executive Remuneration
- Note 15: Remuneration of Auditors
- Note 16: Average Staffing Levels
- Note 17: Financial Instruments
- Note 18: Reporting of Outcomes
- Note 19: Joint Venture
19: Joint Venture
During the year the Corporation was involved in the following operational joint ventures:
| Name of joint venture | Purpose | Participation |
|---|---|---|
| Enterprise Grains Australia | Enterprise Grains Australia is a national wheat breeding and commercialisation joint venture. | 39% |
| Graingene II joint venture | Graingene aims to generate innovative intellectual property and new generation plant biotechnology research for the grains industry. | 28.57% |
| Graingene III joint venture | Graingene aims to generate innovative intellectual property and new generation plant biotechnology research for the grains industry. | 33.33% |