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      MARKET CAPITAL ACCESS SCENARIOS FOR THE INDUSTRY

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~ .. MARKET CAPITAL ACCESS SCENARIOS

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~ ...... TERMS USED IN THIS REPORT

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~ ...... VALUE TERMS AND VOLUME TERMS

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~ ...... BASE MARKET VALUE : Historic + Current

~ ...... ~ PRODUCT SECTOR : VALUE

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~ ...... BASE MARKET VALUE FORECAST : Current to 2028

~ ...... ~ PRODUCT SECTOR : VALUE

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~ ...... New Equity Scenarios Forecast : Current to 2028

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~ ...... Bank Borrowing: Base Scenarios Forecast : Current to 2028

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~ ...... Bank Borrowing: 3% Inflation Scenarios Forecast : Current to 2028

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~ ...... Bank Borrowing: 6% Inflation Scenarios Forecast : Current to 2028

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~ ...... Bank Borrowing: 9% Inflation Scenarios Forecast : Current to 2028

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~ ...... Bond / Debentures Scenarios Forecast : Current to 2028

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~ ...... Asset Sales: 5% of Assets Scenarios Forecast : Current to 2028

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~ ...... Asset Sales: 10% of Assets Scenarios Forecast : Current to 2028

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~ ...... Asset Sales: 25% of Assets Scenarios Forecast : Current to 2028

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~ ...... Self Generated Funds: Worst Scenarios Forecast : Current to 2028

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~ ...... Self Generated Funds: Best Scenarios Forecast : Current to 2028

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~ ...... Trading Credit Extension & Margin Reduction Scenarios Forecast : Current to 2028

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~ ...... MARKET DATA NOTES

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~ ...... MARKET CAPITAL ACCESS SCENARIOS ENVIRONMENT

~ ...... Market Growth

~ ...... The Market Structure

~ ...... Market/s Serviced

~ ...... TRADING AREA

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~ ...... BASIS OF MARKET COVERAGE

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~ .... Market forecast notes