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CONTENTS
CORPORATE PROFILE
CORPORATE SCORECARD 
EXECUTIVE INTRODUCTION 
CORPORATE OVERVIEW 
LEGISLATION ADMINISTERED BY FORESTRYSA
SIGNIFICANT ACHIEVEMENTS AND INITIATIVES 2003-2004  
KEY INITIATIVES AND TARGETS FOR 2004-2005
CORPORATE STRUCTURE
SOUTH AUSTRALIAN FORESTRY CORPORATION BOARD AND CORPORATE GOVERNANCE  
FREEDOM OF INFORMATION STATEMENT  
CHARTER OF THE SOUTH AUSTRALIAN FORESTRY CORPORATION  
SOCIAL
SOCIAL SCORECARD  
COMMUNITY FORESTRY
SPONSORSHIPS AND MAJOR COMMUNITY EVENTS
Forest Reserves COMMUNITY EVENTS  
FORESTRY DEVELOPMENT 
POLICY
ABORIGINAL RECONCILIATION STATEMENT 
HUMAN RESOURCES MATTERS  
ORGANISATIONAL DEVELOPMENT  
EQUAL EMPLOYMENT OPPORTUNITY PROGRAMS 
OCCUPATIONAL HEALTH, SAFETY & INJURY MANAGEMENT
ENVIRONMENTAL
ENVIRONMENTAL SCORECARD 
FORESTRYSA’S ENVIRONMENTAL MANAGEMENT POLICY
INTEGRATED MANAGEMENT SYSTEMS AND CONTINUAL IMPROVEMENT  
INTEGRATED RISK MANAGEMENT
RESEARCH AND FOREST HEALTH
NATIVE FOREST MANAGEMENT  
FOREST FIRE PROTECTION  
ENERGY EFFICIENCY ACTION PLAN  
ECONOMIC  
ECONOMIC SCORECARD 
BUSINESS PERFORMANCE
PRODUCTION ACTIVITIES
CONTRACTURAL ARRANGEMENTS  
FRAUD
USE OF CONSULTANTS
ACCOUNT PAYMENT SUMMARY
INTERNATIONAL TRAVEL
FOREST STATISTICS   
FINANCIAL STATEMENT
STATEMENT OF FINANCIALperformance AT 30 JUNE 2004
STATEMENT OF FINANCIAL POSITION AT 30 JUNE 2004
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2004
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
1 ROLE AND FUNCTION OF THE SOUTH AUSTRALIAN FORESTRY CORPORATION
2 summary of significant accounting policies
3 CHANGES IN ACCOUNTING POLICIES
4 FUNDING
5 CHANGE IN NET MARKET VALUE OF GROWING TIMBER 
6 PROFIT 
7 INCOME TAX
8 BAD AND DOUBTFUL DEBTS
9 AUDITORS REMUNERATION
10 RECEIVABLES
11 INVENTORIES
12 OTHER CURRENT ASSETS
13 (a) PROPERTY, PLANT AND EQUIPMENT
13 (b) PROPERTY, PLANT AND EQUIPMENT MOVEMENT SCHEDULE
14 Tax asssets
15 CREDITORS AND ACCRUALS
16 Employee benefits
17 INTEREST BEARING LOAN
18 tax liabilities
19 OTHER LIABILITIES
20 EQUITY
21 contributed equity
22 RETAINED PROFITS
23 DIVIDENDS PAID AND PROPOSED
24 RESERVES 
25 EXPENDITURE COMMITMENTS
26 STATEMENT OF CASH FLOWS 
27 SCHEDULE OF ADMINISTERED ITEMS
28 REMUNERATION OF DIRECTORS AND EMPLOYEES 
29 RELATED PARTY DISCLOSURES
30 FINANCIAL INSTRUMENTS 
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AUDITOR GENERAL’S REPORT
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