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1、25th September,2002Note to Unitholders,Errata:Australian Pipeline Trust Annual Report 2002Due to a printing error in the 2002 Annual Report,the headings inthe Notes to the Financial Statements in Note 36,Directors andExecutives Remuneration and Note 37,Remuneration of Auditors,incorrectly show the d
2、ollar denomination as being$000.Thefigures shown in Note 36&37 are in whole dollars.Austin JamesCompany SecretaryAustralianPipeline TrustAnnual Report 2002ARSN 091 678 778 Australian Pipeline Trust Annual Report 2002IFC2IFC2Our goal is clear Australian Pipeline Trust willcontinue to be recognised as
3、 the leading transporterof natural gas in Australia while at the same timeexploring further ventures that have the potential toprovide a sound return to our unitholders.Jim McDonald,Managing Director Australian Pipeline LimitedCorporate Highlights1Key Issues2Chairmans Report4Managing Directors Repor
4、t6The Management Team8Glossary of Terms,Directory and Financial CalendarInside back coverAnnual Financial Report 2002Corporate Governance10Directors Report15Statement of Financial Performance24Statement of Financial Position25Statement of Cash Flows26Notes to the Financial Statements 27Directors Dec
5、laration57Independent Audit Report58Additional Stock Exchange Information59Unitholder Information60CONTENTSQUICK FACTS Australian Pipeline Trust is listed on the AustralianStock Exchange under the ticker symbol APA APA is an industry leader in gas transmissioninfrastructure.APA has an interest in mo
6、re than 7,000km of pipelines and a 25%share of Australias natural gas transmission market APA had 244 million units on issue at 30 June 2002,held by 28,796 unitholders.CORPORATE HIGHLIGHTSAustralian Pipeline Trust Annual Report 200201FINANCIAL SUMMARYPeriod ended30 June 2001Year endedYear ended(17 M