Qantas 2011 Annual Report Download - page 66
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Please find page 66 of the 2011 Qantas annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.THE QANTAS GROUP 64
for the year ended 30 June 2011
Notes to the Financial Statements continued
The reconciliation of Statutory EBIT to Underlying EBIT and Underlying PBT is detailed in the table below.
Qantas Group
Notes
$M
$M
Statutory prot before income tax expense and net nance costs (Statutory EBIT)
Ineffectiveness and non-designated derivatives relating to other reporting periods
Exclude current year derivative mark-to-market movements relating to underlying exposures
in future years
Exclude current year derivative mark-to-market movements relating to capital expenditure
Include prior years’ derivative mark-to-market movements relating to underlying exposures
in the current year ()
Include adjustment to depreciation expense relating to excluded capital expenditure
mark-to-market movements () ()
Non-recurring items
Net loss on disposal of investments and related transaction costs (B) –
Legal provisions –
Net impairment of property, plant and equipment
Redundancies, restructuring and other provisions
Underlying EBIT (C)
Underlying net nance costs
Statutory net nance costs () ()
Ineffectiveness and non-designated derivatives relating to other reporting periods
affecting net nance costs ()
(C) () ()
Underlying PBT (C)
. As disclosed in Note , net impairment of property, plant and equipment for the year ended June was $ million (: $ million), of which $ million (: $ million)
is presented as a non-recurring item.
. As disclosed in Note , redundancies, restructuring and other provisions for the year ended June was $ million (: $ million), of which $ million (: $ million)
is presented as a non-recurring item.
2. Underlying PBT and Operating Segments continued