Through WesCEF, Wesfarmers owns a 50 per cent interest in QNP, located at Moura in central Queensland. QNP is an ammonium nitrate producer and services the mining sector in the Bowen Basin.

For further information, please visit www.dawsonvalley.net/QNP

Through our Resources division, Wesfarmers owns a 40 per cent interest in the Bengalla coalmine in the Hunter Valley in New South Wales, through a joint venture with Coal and Allied, a member of the Rio Tinto group of companies. The Bengalla mine produces steaming coal for domestic and export markets.

For further information, please visit www.coalandallied.com.au

Wesfarmers owns a 50 per cent interest in Gresham Partners Group Limited, the holding company for the Gresham Partners investment banking operations. In addition, we are a participant in the Gresham Private Equity wholesale investment funds with underlying investments in mining services, retail, logistics and other specialist sectors.

For further information, please visit www.gresham.com.au

Wesfarmers owns 23.5 per cent of BWP Trust, which develops and owns properties for our Bunnings business and other retail/commercial companies.

For further information, please visit www.bwptrust.com.au

Wesfarmers owns 50 per cent of Wespine, which operates a plantation softwood sawmill at Dardanup in Western Australia.

Wespine purchases the majority of its raw material through its plantation log supply agreement with the Western Australian Forest Products Commission, which is in place until 2033, thus providing long-term resource security for the business.

For further information, please visit www.wespine.com.au

In September 2011, Wesfarmers sold the Boddington assets of Sotico Pty Ltd to Newmont Boddington Pty Ltd and Saddleback Investments Pty Ltd. These assets comprised approximately 11,800 hectares at Boddington, Western Australia, where Sotico managed 3,300 hectares of pine plantation land and leased a further 1,000 hectares for eucalypt plantations. The carbon emissions attributable to the softwood logging business until the date of sale are included in the Corporate Office data in this report.

In August 2011, Wesfarmers sold Energy Generation Pty Ltd, which trades as enGen, and in December 2011 Wesfarmers Premier Coal Limited, trading as Premier Coal, was sold.

In addition, in January 2012 we sold our 69 per cent holding in Wesfarmers Kleenheat Elpiji Limited, which operates in Bangladesh.