SMSF 1 Demo Accumulation Fund

SMSF 1 Demo Accumulation Fund ABN 12 004 044 937 Trustees: Gwyneth Hilfiger & Grey Hilfiger Tax & Member Pack For the year ended 30 June 2012

Report Name SMSF 1 Demo Accumulation Fund Reports Table of Contents Page. Annual Trustee Minutes 1 Trustee Declaration Report 5 Member Statement 6 Statement of Taxable Income Report 8 Annual Return - SMSF 10 Page i

MINUTES OF THE MEETING OF THE TRUSTEE(S) OF THE SMSF 1 DEMO ACCUMULATION FUND HELD ON 31 DECEMBER, 2012 AT LEVEL 5 19-31 PITT STREET SYDNEY, NSW PRESENT: APPROVAL OF PREVIOUS MINUTES: ALLOCATION OF CONTRIBUTIONS: Gwyneth Hilfiger and Grey Hilfiger It was resolved that the minutes of the previous meeting be signed as a true and correct record. It was resolved that the contributions received during the year be allocated to members as follows: Member Name / Contribution Type Amount Mr Grey Hilfiger Employer 20,000.00 Member 10,000.00 Mrs Gwyneth Hilfiger Member 40,000.00 The contributions will be subject to normal preservation and payment rules under the Superannuation Industry (Supervision) Regulations 1994 (SISR). PAYMENT OF BENEFITS: The trustee has ensured that any payment of benefits made from the fund meet the requirement of the fund s deed and do not breach the superannuation laws in relation to: 1. making payment to members; and 2. breaching the fund's or the member's investment strategy. The trustees have reviewed the payment of benefits and received advice that the transfer is in accordance with the deed and the superannuation laws. As such the trustee has resolved to allow the payment of the following benefits on behalf of the members: Member Name / Payment Type Mr Grey Hilfiger Mrs Gwyneth Hilfiger Amount Page 1

ACCEPTANCE OF ROLLOVERS: The trustee has ensured that any rollovers made to the fund meet the requirements of the fund s deed and do not breach the superannuation laws in relation to: 1. making rollovers between funds; and 2. breaching the fund's or the member's investment strategy The trustees have reviewed the rollovers and received advice that the rollovers are in accordance with the trust deed and the rules of the fund and the superannuation laws. As such the trustee has resolved to accept the following rollovers on behalf of the members: Member Name / Payer Name Amount PURCHASE OF ASSETS: It was resolved that having regard to the composition, risk and return of the fund s existing investments, the fund s investment objectives and its present liquidity, the purchase of the assets identified below during the year ended 30 June 2012 hereto be confirmed and are in line with the investment strategy of the fund. Asset / Date Price Units Consideration DISPOSAL OF ASSETS: It was resolved that having regard to the composition, risk and return of the fund s existing investments, the fund s investment objectives and its present liquidity, the disposal of the assets identified below during the year ended 30 June 2012 hereto be confirmed and are in line with the investment strategy of the fund. Asset / Date Price Units Consideration ALLOCATION OF NET INCOME: It was resolved that the income of the fund be proportionally allocated to members based on the members daily weighted average balances. The following amounts of income, and related amounts of tax, are to be credited to / debited from member accounts: Income Fund Tax Conts Tax Direct Tax Mr Grey Hilfiger Accumulation 92,799.24 16,578.22 3,000.00 (1,320.00) Mrs Gwyneth Hilfiger Accumulation 42,239.24 7,545.84 0.00 (825.00) Page 2

REPORTING ENTITY CONCEPT: It was resolved that, in the opinion of the trustee, the fund is not a reporting entity because it is unlikely that users exist who are unable to command the preparation of reports tailored so as to satisfy specifically all their information needs. Therefore, the financial statements for the fund are to be prepared on the basis of the fund being a non-reporting entity, and will therefore take the form of Special Purpose Financial Reports. REPORTS AND STATEMENTS: The Financial Reports consisting of Statement of Financial Position, Operating Statement and tes to the Financial Statements, Trustee s Declaration, Compilation Report, Auditor s Report and Member Statement for the period ended 30 June 2012 were tabled for consideration at the meeting. It was resolved that the financial statements be adopted in their present format and that the statement by the trustees attached to the financial reports be signed by the Trustees, stating that: 1. the financial statements are drawn up so as to present fairly the financial position of the fund as at 30 June 2012, the benefits accrued as a result of operations and its cash flow for the year then ended; 2. the financial statements have been prepared in accordance with the requirements of the trust deed and Australian Accounting Standards as noted in te 1 to the Financial Statements and 3. the fund has operated substantially in accordance with the trust deed and the requirements of the Superannuation Industry (Supervision) Act 1993 (SISA), during the year ended 30 June 2012. INCOME TAX RETURN: The completed Self-Managed Superannuation Fund Annual Return for the financial year ended 30 June 2012 was tabled for consideration at the meeting. It was resolved that: 1. the particulars contained in the 2012 income tax return and the relevant records used to ascertain the taxable income, as shown, derived by the fund from all sources in and out of Australia during the year of income are true and correct and; 2. the fund satisfies the statutory requirements and conditions applicable to be classified as a Regulated Superannuation Fund/Complying Superannuation Fund for the year of income and; 3. the income tax return be adopted in its present format and that the Return be signed by the Trustees. Page 3

REVIEW OF INVESTMENT STRATEGY: The fund s investment performance for the year ended 30 June 2012 and existing investment strategy have been reviewed by the Trustees, after considering: 1. the risk involved in making, holding and realising, and the likely return from, the fund s investments having regard to its objectives and its expressed cash flow requirements; 2. the composition of the fund s investments as a whole including the extent to which the investments are diverse or involve the funds being exposed to risks from inadequate diversification; 3. the liquidity of the fund s investments having regard to its expected cash flow requirements; 4. the ability of the fund to discharge its existing and prospective liabilities; 5. whether the fund should hold a contract of insurance that provides insurance cover for members of the fund; and 6. the effect of the fund s investments on the above requirements and all matters relating to the prudential nature of the investment being continuously monitored, regularly reviewed and to make sure they adhere to fund s investment objectives and relevant legislation. It was resolved that the aims and objectives of the investment strategy were being achieved and that the said investment strategy requires no further modification or adoption at this time. TRUSTEE STATUS: Each of the trustee(s) confirmed that they are qualified to act as trustee(s) of the fund and that they are not disqualified persons as defined by Section 120 of the SISA. AUDITOR: It was resolved that Peter Gribble of GPO Box 2593 Sydney, NSW 2001 act as the auditor of the fund for the next financial year. TAX AGENT: It was resolved that Mr Phillip Casey of Quantum Accounting Practice Pty Ltd GPO Box 2593 Sydney, NSW 2001 act as the tax agent of the fund for the next financial year. CLOSURE: There being no further business the meeting was closed.... Dated:.../.../... Gwyneth Hilfiger Chairperson Page 4

SMSF 1 Demo Accumulation Fund Trustee Declaration In the opinion of the Trustees of the SMSF 1 Demo Accumulation Fund. The Fund is not a reporting entity and this special purpose financial report should be prepared in accordance with the accounting policies described in te 1 to these financial statements. (i) (ii) the financial statements and notes to the financial statements for the year ended 30 June 2012 present fairly the financial position of the Fund at 30 June 2012 and the results of its operations for the year then ended in accordance with the accounting policies described in te 1 to the financial statements; and the financial statements and notes to the financial statements have been prepared in accordance with the requirements of the Trust Deed; and (iii) the operation of the Fund has been carried out in accordance with its Trust Deed and in compliance with the requirements of the Superannuation Industry (Supervision) Act 1993 during the year ended 30 June 2012. Signed in accordance with a resolution of the Trustees by:... Dated:.../.../... Gwyneth Hilfiger Trustee... Dated:.../.../... Grey Hilfiger Trustee Page 5

SMSF 1 Demo Accumulation Fund (ABN: 12 004 044 937) Member Benefit Statement Period 1 July 2011-30 June 2012 Member Number: Member1 Mr Grey Hilfiger Accumulation Account Accumulation Your Account Summary Withdrawal Benefit as at 1 Jul 2011 1,637,921.31 Increases to your account: Employer Contributions 20,000.00 Member Contributions 10,000.00 Share Of Net Fund Income 92,799.24 Tax Effect Of Direct Member Expenses 1,320.00 Total Increases 124,119.24 Decreases to your account: Contributions Tax 3,000.00 Member Insurance Premiums 8,800.00 Tax on Net Fund Income 16,578.22 Total Decreases 28,378.22 Withdrawal Benefit as at 30 Jun 2012 1,733,662.33 Member Account Details Residential Address: Level 5, 19-31 Pitt St Sydney, NSW 2000 Date of Birth: 1 January 1966 Date Joined Fund: 1 April 1999 Eligible Service Date: 1 April 1999 Tax File Number Held: Account Start Date: 1 April 1999 Your Tax Components Tax Free 29.9336 % 518,947.77 Taxable - Taxed 1,214,714.56 Taxable - Untaxed - Your Preservation Components Preserved 1,678,563.86 Restricted n Preserved 18,704.78 Unrestricted n Preserved 36,393.69 Your Insurance Benefits On Death On TPD Salary Cont Your Beneficiaries Balance 1,733,662.33 1,733,662.33 Insurance 4,299,588.00 - - Total Benefit 6,033,250.33 1,733,662.33 beneficiary details have been recorded For Enquiries: phone 0288235222 email tax@quantumgroup.com.au mail Quantum Accounting Practice Pty Ltd, GPO Box 2593, Sydney NSW 2001 Page 6

SMSF 1 Demo Accumulation Fund (ABN: 12 004 044 937) Member Benefit Statement Period 1 July 2011-30 June 2012 Member Number: Member2 Mrs Gwyneth Hilfiger Accumulation Account Accumulation Your Account Summary Withdrawal Benefit as at 1 Jul 2011 745,564.55 Increases to your account: Member Contributions 40,000.00 Share Of Net Fund Income 42,239.24 Tax Effect Of Direct Member Expenses 825.00 Total Increases 83,064.24 Decreases to your account: Member Insurance Premiums 5,500.00 Tax on Net Fund Income 7,545.84 Total Decreases 13,045.84 Withdrawal Benefit as at 30 Jun 2012 815,582.95 Member Account Details Residential Address: Level 5, 19-31 Pitt St Sydney, NSW 2000 Date of Birth: 1 January 1964 Date Joined Fund: 1 April 1999 Eligible Service Date: 1 April 1999 Tax File Number Held: Account Start Date: 1 April 1999 Your Tax Components Tax Free 51.1322 % 417,025.58 Taxable - Taxed 398,557.37 Taxable - Untaxed - Your Preservation Components Preserved 812,638.77 Restricted n Preserved - Unrestricted n Preserved 2,944.18 Your Insurance Benefits On Death On TPD Salary Cont Your Beneficiaries Balance 815,582.95 815,582.95 Insurance 1,122,768.00 - - Total Benefit 1,938,350.95 815,582.95 beneficiary details have been recorded For Enquiries: phone 0288235222 email tax@quantumgroup.com.au mail Quantum Accounting Practice Pty Ltd, GPO Box 2593, Sydney NSW 2001 Page 7

SMSF 1 Demo Accumulation Fund Statement of Taxable Income For the Period from 1 July 2011 to 30 June 2012 Description Income Tax Return Ref. Section B Amount Total Gross Rent and Other Leasing & Hiring Income B 41,940.00 Total Gross Interest C 3,954.00 Total Net Foreign Income D 4,788.00 Total Unfranked Dividend Amount J 7,434.00 Total Franked Dividend Amount K 30,588.00 Total Dividend Franking Credit L 13,109.00 Total Gross Trust Distributions M 5,280.00 Total Assessable Employer Contributions R1 20,000.00 Total Assessable Contributions (R1 + R2 + R3 - R6) R 20,000.00 Total Assessable Income (A + B + C) + X + (D + E + F) + (H... M) + (R... U) -Y V 127,093.00 Deductions Total Interest Expenses within Australia Total Death or Disability Premiums Total Investment Expenses Total Administration Expenses Total Other Deductions Section C A F I Q L 33,099.00 14,300.00 27,058.00 11,880.00 180.00 Total Deductions ( A + B + D + E + P + F + G + H + I + J + Q + U + L + M) N 86,517.00 Taxable Income or (V - N) O 40,576.00 Income Tax Calculation Statement Section D Gross Tax Gross Tax @ 15% for Concessional Income 30 Jun 2012 6,086.40 B Total Gross Tax B 6,086.40 SUBTOTAL (B - C) but cannot be less than 0 D 6,086.40 Total Credit: Refundable Franking Credits F4 13,631.54 Total Eligible Credits (F1 + F2 + F3 + F4 + F5 + F6 + F7) F 13,631.54 Net Tax Payable (D - F) (7,545.14) Total Supervisory Levy H 200.00 Page 8

Description SMSF 1 Demo Accumulation Fund Statement of Taxable Income For the Period from 1 July 2011 to 30 June 2012 Tax Return Ref. Amount Total Amount Due / (Refundable) I (7,345.14) (Net Tax Payable - G + H) Page 9

Who should complete this annual return? Only self-managed superannuation funds (SMSFs) can complete this annual return. All other funds must complete the Fund income tax return 2012 (NAT 71287). The Self-managed superannuation fund annual return instructions 2012 (NAT 71606) (the instructions) can assist you to complete this annual return. Section A: Fund information Self-managed superannuation fund annual return TO COmplETE ThIS annual return n Print clearly, using a BLACK pen only. n Use BLOCK LETTERS and print one character per box. S M I T H S T n Print X in ALL applicable boxes. 1 Tax file number (TFN) To assist processing, write the fund s TFN at the top of pages 3, 5 and. 7 The Tax Office is authorised by law to request your TFN. You are not obliged to quote your TFN but not quoting it could increase the chance of delay or error in processing your annual return. 2012 2 Name of self-managed superannuation fund (SmSF) 3 australian business number (abn) (if applicable) 4 Current postal address Suburb/town State/territory Postcode 5 annual return status Is this an amendment to the SMSF s 2012 annual return? 6 Fund auditor Auditor s name Title: Family name First given name Other given names SMSF Auditor Number Professional body Membership number Auditor s phone number Code Postal address Suburb/town State/territory Postcode A Date audit was completed Was Part B of the audit report qualified? 7 Electronic funds transfer (EFT) Provide your fund s financial institution details. Write the BSB number, fund s account number and account name below. (See relevant instructions.) We do not issue refunds to a trustee s personal account. BSB number (must be six digits) Fund account number Fund account name (for example, J&Q Citizen ATF J&Q Family SF) B IN-CONFIDENCE when completed Page 1

8 Status of SmSF Australian superannuation fund A Does the fund trust deed allow acceptance of the Government s Super Co-contributions? 9 Was the fund wound up during the income year? Section B: Income 10 Income If yes, provide the date on which the fund was wound up Did you have a capital gains tax (CGT) event during the year? Did the CGT event relate to a forestry managed investment scheme interest that you held other than as an initial participant? G Z Fund s tax file number (TFN) C Fund benefit structure Have all tax lodgment and payment obligations been met? B Code If the total capital loss or total capital gain is greater than 10,000 complete and attach a Capital gains tax (CGT) schedule 2012. You must complete and attach a Capital gains tax (CGT) schedule 2012. Net capital gain A Gross rent and other leasing and hiring income B Gross interest C Forestry managed investment scheme income X Gross foreign income D1 Net foreign income D R1 plus R2 plus R3 less R6 Australian franking credits from a New Zealand company Calculation of assessable contributions Assessable employer contributions Assessable personal contributions *-TFN quoted contributions Transfer of liability to life insurance company or PST Gross payments where ABN not quoted H *Unfranked dividend amount *Franked dividend amount *Dividend franking credit *Gross trust distributions E Transfers from foreign funds F Gross distribution from partnerships I Assessable contributions (R1 plus R2 plus R3 less R6) J K L M R Number Code Calculation of non-arm s length income *Net non-arm s length private company dividends U1 plus *Net non-arm s length trust distributions U2 plus U3 *Net other non-arm s length income *Other income S *Assessable income due to changed tax status of fund Net non-arm s length income (subject to 45% tax rate) (U1 plus U2 plus U3) T U Code *If an amount is entered at this label, check the instructions to ensure the correct tax treatment has been applied. Page 2 GROSS INCOME (Sum of labels A to U) W Exempt current pension income Y TOTAL ASSESSABLE INCOME (W less Y) IN-CONFIDENCE when completed V

Section C: Deductions 11 Deductions Interest expenses within Australia A Fund s tax file number (TFN) Interest expenses overseas B Capital works deductions D Deduction for decline in value of depreciating assets E Small business and general business tax break P Death or disability premiums F Death benefit increase G Approved auditor fee H Investment expenses I Management expenses J Administration expenses Q Forestry managed investment scheme deduction U Other deductions L Code TAXABLE INCOME OR LOSS (TOTAL ASSESSABLE INCOME less TOTAL DEDUCTIONS) Tax losses deducted M TOTAL DEDUCTIONS N O IN-CONFIDENCE when completed Page 3

Fund s tax file number (TFN) Section D: Income tax calculation statement 12 Calculation statement Please refer to the Self-managed superannuation fund annual return instructions 2012 on how to complete the calculation statement. C1 C2 Foreign income tax offset Rebates and tax offsets Taxable income A Tax on taxable income T1 Tax on no-tfn quoted contributions J Gross tax B n refundable non carry forward tax offsets C (T1 plus J) (C1 plus C2) E1 E2 E3 Complying fund s franking credits tax offset -TFN tax offset National rental affordability scheme tax offset SUBTOTAL T2 Refundable tax offsets E (cannot be less than zero) (E1 plus E2 plus E3) TAX PAYABLE T5 (cannot be less than zero) H1 H2 H3 H5 H6 Credit for interest on early payments amount of interest Credit for tax withheld foreign resident withholding Credit for tax withheld where ABN or TFN not quoted (non-individual) Credit for TFN amounts withheld from payments from closely held trusts Credit for interest on no-tfn tax offset Section 102AAM interest charge G Eligible credits H Remainder of refundable tax offsets I (unused amount from label E) PAYG instalments raised K Supervisory levy L (H1 plus H2 plus H3 plus H5 plus H6) AMOUNT DUE OR REFUNDABLE A positive amount at S is what you owe, while a negative amount is refundable to you. S (T5 plus G less H less I less K plus L) Section E: losses 13 losses If total loss is greater than 100,000, or there is a foreign loss, complete and attach a es schedule 2012. to later income years U V Tax losses carried forward Net capital losses carried forward to later income years Page 4 IN-CONFIDENCE when completed

Fund s tax file number (TFN) Section F: member information Report current members at 30 June 2012 and former members who were paid a benefit (lump sum or income stream, but not a rollover) during the financial year. Include members for whom no contributions were received. Report deceased members in Section G. member 1 Title: Family name First given name Other given names Member s TFN Date of birth Contributions Refer to instructions for completing these labels. For example, include contributions reported to you on a Rollover benefits statement (RBS) (NAT 70944). OPENING ACCOUNT BALANCE Employer contributions A ABN of principal employer A1 Personal contributions CGT small business retirement exemption B C CGT small business 15-year exemption amount Personal injury election Spouse and child contributions Other third party contributions Directed termination (taxable component) payments Assessable foreign superannuation fund amount n-assessable foreign superannuation fund amount Transfer from reserve: assessable amount Transfer from reserve: non-assessable amount Contributions from non-complying funds and previously non-complying funds Any other contributions (including Super Co-contributions) D E F G H I J K L T M Other transactions TOTAL CONTRIBUTIONS Allocated earnings or losses O Inward amounts less any rolled in contributions reported at A M Outward amounts less any rolled out contributions at item 15K on RBS Q Benefit payments and code R CLOSING ACCOUNT BALANCE S P N Code IN-CONFIDENCE when completed Page 5

Fund s tax file number (TFN) Report current members at 30 June 2012 and former members who were paid a benefit (lump sum or income stream, but not a rollover) during the financial year. Include members for whom no contributions were received. Report deceased members in Section G. MEMBER 2 Title: Family name First given name Other given names Member s TFN Date of birth Contributions Refer to instructions for completing these labels. For example, include contributions reported to you on a Rollover benefits statement (RBS) (NAT 70944). OPENING ACCOUNT BALANCE Employer contributions A ABN of principal employer A1 Personal contributions CGT small business retirement exemption B C CGT small business 15-year exemption amount Personal injury election Spouse and child contributions Other third party contributions Directed termination (taxable component) payments Assessable foreign superannuation fund amount n-assessable foreign superannuation fund amount Transfer from reserve: assessable amount Transfer from reserve: non-assessable amount Contributions from non-complying funds and previously non-complying funds Any other contributions (including Super Co-contributions) D E F G H I J K L T M Other transactions TOTAL CONTRIBUTIONS Allocated earnings or losses O Inward amounts less any rolled in contributions reported at A M Outward amounts less any rolled out contributions at item 15K on RBS Q Benefit payments and code R CLOSING ACCOUNT BALANCE S P N Code Page 6 IN-CONFIDENCE when completed

Fund s tax file number (TFN) Report current members at 30 June 2012 and former members who were paid a benefit (lump sum or income stream, but not a rollover) during the financial year. Include members for whom no contributions were received. Report deceased members in Section G. member 3 Title: Family name First given name Other given names Member s TFN Date of birth Contributions Refer to instructions for completing these labels. For example, include contributions reported to you on a Rollover benefits statement (RBS) (NAT 70944). OPENING ACCOUNT BALANCE Employer contributions A ABN of principal employer A1 Personal contributions CGT small business retirement exemption B C CGT small business 15-year exemption amount Personal injury election Spouse and child contributions Other third party contributions Directed termination (taxable component) payments Assessable foreign superannuation fund amount n-assessable foreign superannuation fund amount Transfer from reserve: assessable amount Transfer from reserve: non-assessable amount Contributions from non-complying funds and previously non-complying funds Any other contributions (including Super Co-contributions) D E F G H I J K L T M Other transactions TOTAL CONTRIBUTIONS Allocated earnings or losses O Inward amounts less any rolled in contributions reported at A M Outward amounts less any rolled out contributions at item 15K on RBS Q Benefit payments and code R CLOSING ACCOUNT BALANCE S P N Code IN-CONFIDENCE when completed Page 7

Fund s tax file number (TFN) Report current members at 30 June 2012 and former members who were paid a benefit (lump sum or income stream, but not a rollover) during the financial year. Include members for whom no contributions were received. Report deceased members in Section G. member 4 Title: Family name First given name Other given names Member s TFN Date of birth Contributions Refer to instructions for completing these labels. For example, include contributions reported to you on a Rollover benefits statement (RBS) (NAT 70944). OPENING ACCOUNT BALANCE Employer contributions A ABN of principal employer A1 Personal contributions CGT small business retirement exemption B C CGT small business 15-year exemption amount Personal injury election Spouse and child contributions Other third party contributions Directed termination (taxable component) payments Assessable foreign superannuation fund amount n-assessable foreign superannuation fund amount Transfer from reserve: assessable amount Transfer from reserve: non-assessable amount Contributions from non-complying funds and previously non-complying funds Any other contributions (including Super Co-contributions) D E F G H I J K L T M Other transactions TOTAL CONTRIBUTIONS Allocated earnings or losses O Inward amounts less any rolled in contributions reported at A M Outward amounts less any rolled out contributions at item 15K on RBS Q Benefit payments and code R CLOSING ACCOUNT BALANCE S P N Code Page 8 IN-CONFIDENCE when completed

Fund s tax file number (TFN) Section G: Supplementary member information Use this section for: n deceased members n any other members who cannot be included at pages 5 to 8. MEMBER 5 Title: Family name First given name Other given names Member s TFN Date of birth Contributions Refer to instructions for completing these labels. For example, include contributions reported to you on a Rollover benefits statement (RBS) (NAT 70944). OPENING ACCOUNT BALANCE Employer contributions A ABN of principal employer A1 Personal contributions CGT small business retirement exemption B C CGT small business 15-year exemption amount Personal injury election Spouse and child contributions Other third party contributions Directed termination (taxable component) payments Assessable foreign superannuation fund amount n-assessable foreign superannuation fund amount Transfer from reserve: assessable amount Transfer from reserve: non-assessable amount Contributions from non-complying funds and previously non-complying funds Any other contributions (including Super Co-contributions) D E F G H I J K L T M Other transactions TOTAL CONTRIBUTIONS Inward amounts less any rolled in contributions reported at A M Outward amounts less any rolled out contributions at item 15K on RBS O Allocated earnings or losses P Q R Benefit payments and code CLOSING ACCOUNT BALANCE S N Code IN-CONFIDENCE when completed Page 9

Fund s tax file number (TFN) Title: Use this section for: n deceased members n any other members who cannot be included at pages 5 to 8. MEMBER 6 Family name First given name Other given names Member s TFN Date of birth Contributions Refer to instructions for completing these labels. For example, include contributions reported to you on a Rollover benefits statement (RBS) (NAT 70944). OPENING ACCOUNT BALANCE Employer contributions A ABN of principal employer A1 Personal contributions CGT small business retirement exemption B C CGT small business 15-year exemption amount Personal injury election Spouse and child contributions Other third party contributions Directed termination (taxable component) payments Assessable foreign superannuation fund amount n-assessable foreign superannuation fund amount Transfer from reserve: assessable amount Transfer from reserve: non-assessable amount Contributions from non-complying funds and previously non-complying funds Any other contributions (including Super Co-contributions) D E F G H I J K L T M Other transactions TOTAL CONTRIBUTIONS Allocated earnings or losses O Inward amounts less any rolled in contributions reported at A M Outward amounts less any rolled out contributions at item 15K on RBS Q Benefit payments and code R CLOSING ACCOUNT BALANCE S P N Code IN-CONFIDENCE when completed Page 10

Section H: assets and liabilities 14 assets 14a Australian managed investments Fund s tax file number (TFN) Listed trusts A Unlisted trusts B Insurance policy C Other managed investments D 14b Australian direct investments Cash and term deposits E Limited recourse borrowing arrangements Debt securities F Loans G Listed shares H Unlisted shares I J n-residential real property K Residential real property L M Collectables and personal use assets Other assets O 14c Overseas direct investments Overseas shares P Overseas non-residential real property Q Overseas residential real property R Overseas managed investments S Other overseas assets T TOTAL AUSTRALIAN AND OvERSEAS ASSETS U 15 liabilities Total member closing account balances (total of all CLOSING ACCOUNT BALANCEs from Sections F and G) Borrowings V W Reserve accounts X Other liabilities Y TOTAL LIABILITIES Z Section I: Taxation of financial arrangements 16 Taxation of financial arrangements (TOFA) Did you make a gain, loss or transitional balancing adjustment G from a financial arrangement subject to the TOFA rules? Total TOFA gains H Total TOFA losses I TOFA transitional balancing adjustment J.00 IN-CONFIDENCE when completed Page 11

Section J: regulatory information Fund s tax file number (TFN) The following questions indicate the operational status of the SMSF. Penalties will apply for false or misleading information. You must answer either or for all questions listed and provide dollar amounts if applicable. In-house and related party assets Did the SMSF loan, lease to or invest in related parties (known as in-house assets)? A Did the SMSF hold in-house assets at any time during the year that exceeded 5% of total assets? B Did the SMSF hold an investment in a related party at any time during the year (excluding in-house assets)? C. Did the SMSF acquire any exempt assets from related parties? P Did the SMSF acquire any assets (other than exempt assets) from related parties? D Other regulatory questions Did the SMSF lend money or provide financial assistance to a member or relative of a member of the fund? E Did the SMSF receive in specie contributions during the year? F 00 00 Did the SMSF make and maintain all investments on an arm s length basis? G Did the SMSF borrow for purposes that are not permissible? H Did members have the personal use of the Did the SMSF provide money to members without a condition of release being met? J SMSF s assets before retirement? I Did trustees of the fund receive any remuneration for their services as a trustee? K Are any trustees or directors currently disqualified persons as defined by SISA? L Are all SMSF assets appropriately documented as owned by the fund? M Did the SMSF carry on a business of selling goods or services? N Does the auditor provide services to the SMSF as either a tax agent, accountant or financial advisor or administrator? O Section K: Other information Forestry managed investment schemes Product or private ruling information Code Year Number G H I Family trust election status If the trust or fund has made, or is making, a family trust election, write the four-digit income year specified of the election (for example, for the 2011 12 income year, write 2012). If revoking or varying a family trust election, print R for revoke or print V for variation, and complete and attach the Family trust election, revocation or variation 2012. Interposed entity election status If the trust or fund has an existing election, write the earliest income year specified. If the trust or fund is making one or more elections this year, write the earliest income year being specified and complete an Interposed entity election or revocation 2012 for each election. If revoking an interposed entity election, print R, and complete and attach the Interposed entity election or revocation 2012. Page 12 IN-CONFIDENCE when completed A B C D

Section L: Declarations Fund s tax file number (TFN) Penalties may be imposed for false or misleading information in addition to penalties relating to any tax shortfalls. Important Before making this declaration check to ensure that all income has been disclosed and the annual return, all attached schedules and any additional documents are true and correct in every detail. If you are in doubt about any aspect of the annual return, place all the facts before the ATO. TruSTEE S Or DIrECTOr S DEClaraTION: I declare that current trustees and directors have authorised this annual return and it is documented as such in the SMSF s records. I have received the audit report and I am aware of any matters raised. I declare that the information on this annual return, including any attached schedules and additional documentation is true and correct. I also authorise the ATO to make any tax refunds to the nominated bank account (if applicable). Authorised trustee s, director s or public officer's signature Date Day Month Year preferred trustee or director contact details: Title Family name First given name Other given names Phone number Email address n-individual trustee name (if applicable) ABN of non-individual trustee Time taken to prepare and complete this annual return Hrs The Commissioner of Taxation, as Registrar of the Australian Business Register, may use the ABN and business details which you provide on this annual return to maintain the integrity of the register. For further information, refer to the instructions. Tax agent S DEClaraTION: I declare that the Self-managed superannuation fund annual return 2012 has been prepared in accordance with information provided by the trustees, that the trustees have given me a declaration stating that the information provided to me is true and correct, and that the trustees have authorised me to lodge this annual return. Tax agent s signature Tax agent s contact details Title: Family name Date Day Month Year First given name Other given names Tax agent s practice Tax agent s phone number Reference number Tax agent number Postal address for annual returns: Australian Taxation Office, GPO Box 9845, IN YOUR CAPITAL CITY IN-CONFIDENCE when completed Page 13