Qantas 2015 Annual Report Download - page 89

Download and view the complete annual report

Please find page 89 of the 2015 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.

Page out of 106

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106

NOTES TO THE FINANCIAL STATEMENTS CONTINUED
FOR THE YEAR ENDED 30 JUNE 2015
88
QANTAS ANNUAL REPORT 2015
36. PARENT ENTITY DISCLOSURES FOR QANTAS AIRWAYS LIMITED (QANTAS) CONTINUED
B) CONDENSED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2015
Qantas
2015
$M
2014
$M
Statutory profit/(loss) for the year 781 (2,848)
Effective portion of changes in fair value of cash flow hedges, net of tax (42) (97)
Transfer of hedge reserve to the Income Statement, net of tax 91 (70)
Recognition of effective cash flow hedges on capitalised assets, net of tax (2) (19)
Time value of options, net of tax (95) –
Defined benefit actuarial gains, net of tax 35 109
Total other comprehensive income/(loss) for the year (13) (77)
Total comprehensive income/(loss) for the year 768 (2,925)
(C) CONDENSED BALANCE SHEET AS AT 30 JUNE 2015
Qantas
2015
$M
2014
$M
CURRENT ASSETS
Cash and cash equivalents 2,748 2,897
Receivables 4,169 3,533
Inventories 240 232
Other 809 372
Total current assets 7,9 6 6 7,0 3 4
NON-CURRENT ASSETS
Receivables 1,405 1,735
Property, plant and equipment 9,253 8,986
Intangible assets 464 419
Other 1,188 1,599
Total non-current assets 12,310 12,739
Total assets 20,276 19,773
CURRENT LIABILITIES
Payables 4,204 3,517
Revenue received in advance 2,956 2,847
Interest-bearing liabilities 923 1,389
Other 1,068 907
Total current liabilities 9,151 8,660
NON-CURRENT LIABILITIES
Revenue received in advance 1,359 1,183
Interest-bearing liabilities 6,056 6,852
Other 283 434
Total non-current liabilities 7,6 98 8,469
Total liabilities 16,849 17,12 9
Net assets 3,427 2,644
EQUITY
Issued capital 4,630 4,630
Treasury shares (7) (16)
Reserves (39) (33)
Retained earnings (1,157) (1,937)
Total equity 3,427 2,644