Qantas 2004 Annual Report Download - page 45

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page
Directors’ Report 44
Statement of Financial Performance 52
Discussion and Analysis of the Statement of Financial Performance 53
Statement of Financial Position 55
Discussion and Analysis of the Statement of Financial Position 56
Statement of Cash Flows 57
Discussion and Analysis of the Statement of Cash Flows 58
Notes to the Financial Statements
1. Basis of preparation of the Concise Financial Report 59
2. Revenue from ordinary activities 59
3. Retained profits 60
4. Dividends 60
5. Total equity reconciliation 61
6. Segment information 61
7. Contingent liabilities 63
8. Capital expenditure commitments 64
9. Director and executive disclosures 64
10. International Financial Reporting Standards 75
11. Events subsequent to balance date 77
Directors’ Declaration 78
Independent Audit Report on the Concise Financial Report 79
Shareholder Information 80
Qantas Group Five-Year Summary 81
Information for shareholders is provided in this Concise Financial Report (contained within the Annual Report) and in a separate
Financial Report.
This Report is a Concise Financial Report which contains key financial information about Qantas in a concise format.
The Financial Report provides more detailed financial information. The Concise Financial Report, whilst derived from the Financial Report,
cannot be expected to provide as full an understanding of the financial performance, financial position and financing and investing
activities of Qantas and its controlled entities as the Financial Report.
A copy of the Financial Report, including the Independent Audit Report thereon, is available to all shareholders, free of charge, upon
request. The Financial Report can be requested from the Qantas Share Registry (freecall within Australia 1800 177 747, overseas
61 2 8280 7390) and is available on the Qantas website (www.qantas.com).
GLOSSARY
Available freight tonne kilometres (AFTKs)
Total freight tonnage capacity available, multiplied by the number of kilometres flown.
Available seat kilometres (ASKs)
Total number of seats available for passengers, multiplied by the number of kilometres flown.
Available tonne kilometres (ATKs)
Total number of tonnes of capacity available for carriage of passengers, freight and mail, multiplied by the number of kilometres flown.
Revenue freight tonne kilometres (RFTKs)
Total number of tonnes of paying freight carried, multiplied by the number of kilometres flown.
Revenue passenger kilometres (RPKs)
Total number of paying passengers carried, multiplied by the number of kilometres flown.
Revenue seat factor
Percentage of total passenger capacity actually utilised by paying passengers.
Passenger yield
Passenger revenue, excluding passenger recoveries, divided by RPKs.
Contents
for the year ended 30 June 2004
Qantas Annual Report 2004 43Spirit of Australia