**Exhibit 7**

 
| ** **                                                       | ** ** | **Basic  EPS**        | ** ** | **Diluted  EPS**       | ** ** |
|------------------------------------------------------------------|------------|-----------------------|------------|------------------------|------------|
| **Earnings per Share (EPS)**                                     | ** ** | **30-Jun-04  A GAAP** | ** ** | **30-Jun-04  US GAAP** | ** ** | **30-Jun-03  A GAAP** | ** ** | **30-Jun-04  A GAAP** | ** ** | **30-Jun-04  US GAAP** | ** ** | **30-Jun-03  A GAAP** | ** ** |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **Weighted  Average Ordinary Shares**                            |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| Weighted Average  pre-Bonus Elements                             |       | 866.417               |       | 866.417                |       | 833.771 |   | 866.417 |   | 866.417 |   | 833.771 |   |
| Bonus Element  Current Year                                      |       | 0.676                 |       | 0.676                  |       | 1.404 |   | 0.676 |   | 0.676 |   | 1.404 |   |
| Current Bonus  Element Applied to Prior Financial Year           |       |                  |       | —                 |       | 0.862 |   | — |   | — |   | 0.862 |   |
| **Total  Weighted Average Ordinary Shares**                      |       | 867.094               |       | 867.094                |       | 836.036 |   | 867.094 |   | 867.094 |   | 836.036 |   |
| *Change  from Prior Period*                                      | * *   | *0.0*                 | *%*        |                   |       |   |   | *0.0* | % |   |   |   |   |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **EPS  Before Significants**                                     |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **Weighted  Average Ordinary Shares Before Significants**        |       | 867.094               |       | 867.094                |       | 836.036 |   | 867.094 |   | 867.094 |   | 836.036 |   |
| *(Millions  - after Bonus Elements included))*                   |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| Effect of  employee options                                      |       |                  |       |                   |       |   |   | 2.720 |   | 2.720 |   | 3.657 |   |
| Effect of PACRS                                                  |       |                  |       |                   |       |   |   | 92.110 |   | 92.110 |   | — |   |
| Effect of  partly-paid shares                                    |       |                  |       |                   |       |   |   | 0.294 |   | 0.294 |   | 0.434 |   |
| Effect of  convertible securities                                |       |                  |       |                   |       |   |   | 53.727 |   | 53.727 |   | 67.103 |   |
| Number for  Diluted EPS                                          |       |                  |       |                   |       |   |   | 1,015.945 |   | 1,015.944 |   | 907.230 |   |
| *Change  from Prior Period*                                      | * *   |                  |       |                   |       |   |   | *0.0* | % |   |   |   |   |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **EPS  before Significants (PACRS as Debt)**                     |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **Post  Goodwill**                                               |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| PAT before  Significant Items ($m) PACRS as Equity               |       | 440.3                 |       | 529.7                  |       | 431.4 |   | 495.9 |   | 592.1 |   | 458.2 |   |
| less PACRS  Interest Paid as Equity                              |       | (52.4                 | )          | (52.4                  | )          | (52.3 | ) | (52.4 | ) | (52.4 | ) | (52.3 | ) |
| PAT before  Significant Items ($m) PACRS as Debt - Post Goodwill |       | 387.9                 |       | 477.3                  |       | 379.1 |   | 443.5 |   | 539.7 |   | 405.9 |   |
| **Basic  EPS before Significants - Post Goodwill**               | 3          | **44.7 cents**        |       | **55.0 cents**         |       | **45.3 cents** | 6 | 43.7 cents |   | 53.1 cents |   | 44.7 cents |   |
| *Change  from Restated Prior Period*                             | * *   | *-18.7*               | *%*        | *-10.30  cents*        | * *   | * * | * * | *41.9* | *%* | *-9.40  cents* | * * |   |   |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **Pre  Goodwill**                                                |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| PAT before  Significant Items ($m) PACRS as Debt                 |       | 387.9                 |       | 477.3                  |       | 379.1 |   | 443.5 |   | 539.7 |   | 405.9 |   |
| Add back Goodwill  Amortisation                                  |       | 127.6                 |       |                   |       | 136.9 |   |   |   |   |   |   |   |
| Less Tax Effected  Goodwill                                      |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| PAT before  Significant Items ($m) PACRS as Debt - Pre Goodwill  |       | 515.5                 |       | 477.3                  |       | 516.0 |   |   |   |   |   |   |   |
| **Basic  EPS before Significants - Pre Goodwill**                | 5          | **59.5 cents**        |       | **55.0 cents**         |       | **61.7 cents** |   |   |   |   |   |   |   |
| *Change  from Restated Prior Period*                             | * *   | *8.2*                 | *%*        | *4.50  cents*          |       |   |   |   |   |   |   |   |   |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **EPS  before Significants (PACRS as Equity)**                   |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| PAT before  Significant Items ($m) PACRS as Equity               |       | 440.3                 |       | 529.7                  |       | 431.4 |   | 495.9 |   | 592.1 |   | 458.2 |   |
| Basic EPS before  Significants                                   | 1          | 50.8 cents            |       | 61.1 cents             |       | 51.6 cents |   | 48.8 cents |   | 58.3 cents |   | 50.5 cents |   |
| *Change  from Prior Period*                                      | * *   | *-16.9*               | *%*        | *-10.30  cents*        | * *   | * * | * * | *-16.3* | *%* | *-9.50  cents* | * * |   |   |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **EPS  After Significants**                                      |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **Weighted  Average Ordinary Shares After Significants**         |       | 867.094               |       | 867.094                |       | 836.036 |   | 867.094 |   | 867.094 |   | 836.036 |   |
| *(Millions  - after Bonus Elements included))*                   |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| Effect of  employee options                                      |       |                  |       |                   |       |   |   | 2.720 |   | 2.720 |   | 3.657 |   |
| Effect of PACRS                                                  |       |                  |       |                   |       |   |   | — |   | — |   | — |   |
| Effect of  partly-paid shares                                    |       |                  |       |                   |       |   |   | 0.294 |   | 0.294 |   | 0.434 |   |
| Effect of  convertible securities                                |       |                  |       |                   |       |   |   | 4.750 |   | 53.727 |   | 18.067 |   |
| Number for  Diluted EPS                                          |       |                  |       |                   |       |   |   | 874.858 |   | 923.835 |   | 858.194 |   |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| **EPS  after Significants (PACRS as Debt)**                      |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| PAT after  Significant Items ($m) PACRS as Equity                |       | 345.7                 |       | 435.1                  |       | 361.3 |   | 347.1 |   | 453.6 |   | 367.3 |   |
| less PACRS  Interest Paid as Equity                              |       | (52.4                 | )          | (52.4                  | )          | (52.3 | ) | (52.4 | ) | (52.4 | ) | (52.3 | ) |
| PAT after Significant  Items ($m) PACRS as Debt                  |       | 293.3                 |       | 382.7                  |       | 309.0 |   | 294.7 |   | 401.2 |   | 315.0 |   |
| **Basic  EPS after Significants**                                | 4          | **33.8 cents**        | ** ** | **44.1 cents**         | ** ** | **37.0 cents** | 7 | **33.7 cents** | ** ** | **43.4 cents** | ** ** | **36.7 cents** | ** ** |
| *Change  from Restated Prior Period*                             | * *   | *-23.4*               | *%*        | *-10.30  cents*        | * *   | * * | * * | *2.7* | *%* | *-9.70  cents* | * * | *6.70  cents* | * * |
| * *                                                         | * *   | * *              | * *   | * *               | * *   | * * | * * | * * | * * | * * | * * | * * | * * |
| **EPS  after Significants (PACRS as Equity)**                    |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| PAT after  Significant Items ($m) PACRS as Equity                |       | 345.7                 |       | 435.1                  |       | 361.3 |   | 347.1 |   | 453.6 |   | 367.3 |   |
| Basic EPS after  Significants                                    | 2          | 39.9 cents            |       | 50.2 cents             |       | 43.2 cents |   | 39.7 cents |   | 49.1 cents |   | 42.8 cents |   |
| *Change  from Prior Period*                                      | * *   | *-20.5*               | *%*        | *-10.30  cents*        | * *   | * * | * * | *-19.1* | *%* | *-9.40  cents* | * * |   |   |
|                                                             |       |                  |       |                   |       |   |   |   |   |   |   |   |   |
| Management                                                       |       |                  |       |                   |       |   |   |   |   |   |   |   |   |

 

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