Qantas 2005 Annual Report Download - page 86
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84
Spirit of Australia
~Notes to the Financial Statements~
for the year ended 30 June 2005
12. Property, plant and equipment continued
Qantas Group Qantas
2005
$M
2004
$M
2005
$M
2004
$M
Aircraft and engines – owned
At cost 10,180.2 9,599.7 6,988.9 6,532.7
Less: accumulated depreciation 3,237.2 3,036.9 2,663.9 2,581.3
6,943.0 6,562.8 4,325.0 3,951.4
Aircraft and engines – hire purchased
At cost 3,262.0 3,014.0 5,503.2 5,158.1
Less: accumulated amortisation 748.8 611.9 960.6 735.3
2,513.2 2,402.1 4,542.6 4,422.8
Aircraft and engines – leased
At cost 742.8 745.2 455.5 455.5
Less: accumulated amortisation 375.0 340.3 206.7 183.7
367.8 404.9 248.8 271.8
Total aircraft and engines
At cost 14,185.0 13,358.9 12,947.6 12,146.3
Less: accumulated depreciation and amortisation 4,361.0 3,989.1 3,831.2 3,500.3
Total aircraft and engines at net book value 9,824.0 9,369.8 9,116.4 8,646.0
Aircraft spare parts – owned
At cost 704.0 729.9 594.7 646.3
Less: accumulated depreciation 319.9 363.8 295.6 345.5
384.1 366.1 299.1 300.8
Aircraft spare parts – leased
At cost 20.8 20.8 20.8 20.8
Less: accumulated amortisation 4.7 3.0 4.7 3.0
16.1 17.8 16.1 17.8
Total aircraft spare parts
At cost 724.8 750.7 615.5 667.1
Less: accumulated depreciation and amortisation 324.6 366.8 300.3 348.5
Total aircraft spare parts at net book value 400.2 383.9 315.2 318.6
Manufacturers’ deposits
Progress payments at cost 863.5 1,081.5 602.8 611.7
Total property, plant and equipment
At cost 19,216.2 18,507.4 16,602.1 15,682.1
Less: accumulated depreciation and amortisation 6,603.7 6,250.8 5,360.1 5,009.1
Total property, plant and equipment at net book value 12,612.5 12,256.6 11,242.0 10,673.0