(b) Non-cash fi nancing and investing activities
At 30 June 2006, all intercompany loans were capitalised at the appropriate level within the group. This resulted in an additional investment of $8,778,998 being recorded within the parent entity.
On 20 June 2006, 1,333,334 shares were issued to Ord Group Pty Ltd in lieu of payment for the provision of professional consultancy services to the parent entity.
(c) Financing facilities
An overseas controlled entity has the following fi nance facilities which are secured by guarantees provided by its parent entity, RBC:
