KEY RESULTS IN 1997-98

Financial
Operating Profit before Tax and Abnormals	$376.4 million	up 9.9 %
Total Revenue	$3.3 billion	up 5.4%
Return on Assets	12.8 %	down 1.8 %
Debt-to-debt plus equity Ratio	34.3%
Tax Rate	36%
Taxes/ charges	$295 million	down 4.2 %
Dividend	$215 million	down 2.2 %
Community Service Obligations	$67 million

Operational
Mail volumes	4.4 billion	up 4%
Delivery performance	94.2%, 98.7% + one day
Productivity gains	up 6%, 47.2% increase since corporatisation, ie twice national labour productivity growth
Price freeze reductions Jan '92 - June '98	Since 1992 the price freeze has delivered savings of almost $700 million to postal users
Delivery points	8.2 million
Retail outlets	4,481 (2,965 Licensed Post Offices)
Staff numbers	29,564 full-time 6,961 part-time and casual