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82
Spirit of Australia
~Notes to the Financial Statements~
for the year ended 30 June 2005
8. Receivables continued
Qantas Group Qantas
2005
$M
2004
$M
2005
$M
2004
$M
NON-CURRENT
Loans owing from
Related parties
– controlled entities 703.8 1,699.0
– associates and joint ventures 128.2 128.2 128.2 128.2
Other parties 13.5 15.4
Aircraft security deposits 119.1 125.5 119.1 125.3
Sundry debtors
Other parties 26.9 35.5 18.3 25.4
287.7 304.6 969.4 1,977.9
Current and non-current aircraft security deposits have been pledged as security to providers of aircraft finance.
9. Inventories
$M $M $M $M
At cost
Engineering expendables 264.7 304.9 244.0 287.7
Consumable stores 47.1 36.8 36.6 28.5
Work in progress 20.8 32.6 14.5 31.0
332.6 374.3 295.1 347.2
At net realisable value
Aircraft spare parts held for sale 0.4 1.2 0.4 1.2
333.0 375.5 295.5 348.4
10. Other investments
$M $M $M $M
NON-CURRENT
Unlisted investments
Controlled entities at net book value (refer Note 28) 439.1 472.5
Associates and joint ventures at cost 295.7 284.3
Other corporations at net book value 99.9 110.1 11.8 20.4
99.9 110.1 746.6 777.2
11. Other assets
$M $M $M $M
CURRENT
Advances, prepayments and other 82.1 133.6 102.2 162.0
Deferred expenditure 75.6 58.6 63.7 48.5
157.7 192.2 165.9 210.5
NON-CURRENT
Deferred expenditure 83.6 88.1 64.2 63.3
Other 1.2 2.8 0.1 1.6
84.8 90.9 64.3 64.9