Medibank Private Ltd (MPL) 2003年年度报告「ASX」.pdf

1、AnnualReport2003Phone132 331Emailask_.auVisit .auWrite to usMedibank PrivateGPO Box 9999In your capital cityMedibank Private Limited ABN 47 080 890 259is a registered not-for-profit health benefits organisation.Medibank Private 1 1Contents2The Business 4Performance Highlights5Medibank Private at a G

2、lance 6Key Performance Trends 8Strategic Direction10Chairmans Report 12Managing Directors Report 14The Industry Leader 16Our Members 18Our Healthcare Partners 20Our People 22Community and Values 24Board of Directors 26Group Leadership Executive28Our Investment Income29Financial Statements including

3、Directors Report and Corporate GovernanceStatement58ReferencesThe Business2 Annual Report 2003In the past year,Medibank Privatehas dramatically turned around itsfinancial performance.From this secure financial position,we will confirm Medibank Private as Australias health fund of choice.We will stri

4、ve to give our members innovative private health insurance cover at a competitive,value for money price.We will strive to lead the industry in offering quality service and health insurance product excellence.Medibank Private was established by theFederal Government in 1976.It has beenan autonomous F

5、ederal GovernmentBusiness Enterprise since 1998.As a not-for-profit health fund,it iscommitted to making private healthinsurance attractive and affordable for all Australians on a sustainable basis.Of every dollar contributed by members,92.3 cents is spent on paying health careservices claims for me

6、mbers.As Australias largest and onlycomprehensive national health fund,Medibank Private covers almost threemillion people,or almost one in three ofthe countrys privately insured.The fundholds net assets of over$392 million.On a membership basis,Medibank Privatecosts 22%less in management expensestha