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85
Qantas Annual Report 2006
Notes to the Financial Statements
for the year ended 30 June 2006
7. Receivables
Qantas Group Qantas
2006
$M
2005
$M
2006
$M
2005
$M
CURRENT
Trade debtors 1,056.8 1,009.2 1,023.8 966.6
Less: impairment losses 4.8 6.1 3.5 4.7
1,052.0 1,003.1 1,020.3 961.9
Trade debtors
Related parties
– controlled entities ––62.5 47.3
– associates and jointly controlled entities 22.3 24.8 3.9 4.9
22.3 24.8 66.4 52.2
Loans owing from
Related parties
– controlled entities ––41.8 40.3
Aircraft security deposits 51.5 8.3 48.4 5.4
Sundry debtors
Related parties
– controlled entities ––2.2 2.4
Other parties 102.9 94.1 82.1 73.3
1,228.7 1,130.3 1,261.2 1,135.5
NON-CURRENT
Loans owing from
Related parties
– controlled entities ––545.7 687.1
– associates and jointly controlled entities 128.2 128.2 128.2 128.2
Other parties 13.9 13.5 ––
Aircraft security deposits 78.1 119.1 78.1 119.1
Sundry debtors
Other parties 17.4 26.9 16.8 18.3
237.6 287.7 768.8 952.7
Short-term money market securities of $126.0 million (2005: $185.0 million) held by the Qantas Group are pledged as collateral under the terms of certain
financing facilities.
Current and non-current aircraft security deposits have been pledged as security to providers of aircraft finance.
Trade debtors includes the present value of liquidated damages receivable from Airbus of $104.4 million (2005: nil) resulting from the delay in delivery of the
A380 aircraft.