Qantas 2006 Annual Report Download - page 136

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134
Notes to the Financial Statements
for the year ended 30 June 2006
36. Impact of Adopting A-IFRS continued
Qantas Group
Refs
Previous
GAAP
12 Months
to June
2005
$M
Effect of
Transition
to A-IFRS
$M
A-IFRS
12 Months
to June
2005
$M
SALES AND OTHER INCOME
Net passenger revenue1A 9,656.5 (84.9) 9,571.6
Net freight revenue 759.9 – 759.9
Tours and travel revenue 707.8 – 707.8
Contract work revenue 484.9 – 484.9
Other1 1,039.7 – 1,039.7
Sales and other income 12,648.8 (84.9) 12,563.9
EXPENDITURE
Manpower and staff related B 3,244.9 (81.4) 3,163.5
Selling and marketing A 444.3 57.3 501.6
Aircraft operating – variable D 2,435.8 (65.2) 2,370.6
Fuel 1,931.7 – 1,931.7
Property C,D,F 300.5 1.5 302.0
Computer and communication C 491.9 10.9 502.8
Tours and travel 563.7 – 563.7
Capacity hire 341.0 – 341.0
Other F 365.1 15.5 380.6
Depreciation and amortisation C,D,F 1,100.0 141.3 1,241.3
Non-cancellable operating lease rentals C 310.0 (43.2) 266.8
Share of net profit of associates and jointly controlled entities F (1.8) (13.9) (15.7)
Expenditure 11,527.1 22.8 11,549.9
Profi t before related income tax expense and net fi nance costs 1,121.7 (107.7) 1,014.0
Finance income 117.0 – 117.0
Finance costs C (211.5) (5.2) (216.7)
Net fi nance costs (94.5) (5.2) (99.7)
Profi t before related income tax expense 1,027.2 (112.9) 914.3
Income tax expense E2(262.8) 37.8 (225.0)
Profi t for the year 764.4 (75.1) 689.3
Minority interest (0.8) – (0.8)
Net profi t attributable to members of Qantas 763.6 (75.1) 688.5
1 An amount of $178.6 million was reclassified from passenger revenue to other revenue under previous GAAP.
2 Inclusive of the tax impact of other A-IFRS transition adjustments.