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Global Construction Services Limited 2008 Annual Report - Page 8Global Construction Services Limited 2008 Annual Report - Page 9
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       Who is GCS and what do we do


                                                              »        GCS Group provides hire and sales of
                                                                       products such as scaffolding, formwork,
                                                                       hoists, temporary accommodation, chemical
                                                                       toilets, temporary fencing and plant hire,
                                                                       together with related labour services.


    The Group services customers in the residential, commercial and industrial sectors of the construction and maintenance
    industries. GCS Group hires equipment to its customers under contract and offers services such as design and engineering and
    the erection and dismantling of equipment. The Group also sells a range of its products.


    The Group's customers are generally involved in the residential, commercial and industrial sectors of the construction and
    maintenance industries.


    Residential sector
    The residential construction sector typically consists of construction sites for two to three storey developments by
    residential builders. The GCS Group has extensive operations in this sector and provides a wide range of products. Services
    provided to customers are generally limited to erection and dismantling of equipment, with limited requirement for design or
    engineering services.


    Revenue in the residential sector is typically generated on a contractual basis with contracts being of a relatively short term
    nature. The Group services a wide range of customers including medium to large scale residential builders, many of which have
    been long term customers.


    Commercial sector
    The commercial construction sector includes office, retail, high rise residential, hotel, factory, education, health, entertainment
    and recreation projects. The Group's operations in this sector include both the provision of its traditional products and services,
    together with the new products and services that CASC provides.


    Revenue for the Group's traditional commercial construction sector business is typically earned from medium term contracts,
    which are generally 6-12 months. Contracts in this sector generally involve erection and dismantling services, and many
    include the provision of design and engineering services. The Group has established strong relationships with operators in the
    commercial building sector in Western Australia and the majority of revenue is now generated from repeat customer services.


6      GCS Limited - 2008 Annual Report
                              PRODuCTS                                                         SERvICES


       Scaffolding, formwork, material hoists,                               Hire and sales, equipment erection and
      temporary site accommodation, chemical                                 dismantling, formwork and scaffolding
      toilets, temporary fencing and plant hire.                                    design and engineering.


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                                                          CuSTOMER SECTORS
                                                        (Description of activities)


         RESIDENTIAL                                          COMMERCIAL                                    INDuSTRIAL
                                             Hire and sale of equipment and provision of related
                                            labour services. Typically longer term contracts than
  Hire and sale of equipment
                                                                                                     Hire and sale of equipment
                                                            the residential sector.
   and provision of related
                                                                                                     and related labour services.
labour services. Typically a               CASC operations involve the provision of formwork,         Contracts similar to the
large number of small, short                  related labour services and other value adding             commercial sector.
        term contracts.                      services for major projects under a small number
                                                    of long term, fixed price contracts.


                                                                                                                                    7
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