Qantas 2012 Annual Report Download - page 89

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FOR THE YEAR ENDED 30 JUNE 2012
Notes to the Financial Statements continued
Qantas Group
2012
$M
2011
$M
RECOGNISED IN THE CONSOLIDATED INCOME STATEMENT
Current income tax expense
Current year – –
Adjustments for prior year
 
Deferred income tax expense
Origination and reversal of temporary differences  
Benefit of tax losses recognised () ()
() 
Total income tax (benefit)/expense in the Consolidated Income Statement () 
RECONCILIATION BETWEEN INCOME TAX EXPENSE AND STATUTORY
LOSS/PROFIT BEFORE INCOME TAX EXPENSE
Statutory (loss)/profit before income tax expense () 
Income tax (benefit)/expense using the domestic corporate tax rate of  per cent () 
Add/(less) adjustments for non-deductible expenditure/(non-assessable income):
Non-deductible/(non-assessable) share of net loss/(profit) of associates and jointly controlled entities  ()
Utilisation and recognition of previously unrecognised foreign tax losses () ()
Utilisation and recognition of previously unrecognised capital losses () –
Other items 
Over provision in prior year () ()
Income tax (benefit)/expense () 
RECOGNISED IN THE CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Cash flow hedges () ()
Income tax benefit recognised directly in the Consolidated Statement
of Comprehensive Income () ()
6. Income Tax
087