Qantas 2006 Annual Report Download - page 137

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135
Qantas Annual Report 2006
Notes to the Financial Statements
for the year ended 30 June 2006
Qantas
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 8,405.1 (84.9) 8,320.2
Net freight revenue 759.4 – 759.4
Tours and travel revenue –––
Contract work revenue 367.0 – 367.0
Other1F 980.5 (9.9) 970.6
Sales and other income 10,512.0 (94.8) 10,417.2
EXPENDITURE
Manpower and staff related B 2,649.8 (89.3) 2,560.5
Selling and marketing A 423.4 57.3 480.7
Aircraft operating - variable D 2,193.8 (65.2) 2,128.6
Fuel 1,691.3 – 1,691.3
Property C,D,F 257.8 1.5 259.3
Computer and communication C 398.8 10.9 409.7
Tours and travel –––
Capacity hire 346.6 – 346.6
Other F 310.0 15.2 325.2
Depreciation and amortisation C,D,F 961.1 156.1 1,117.2
Non-cancellable operating lease rentals C 295.4 (43.2) 252.2
Share of net profit of associates and jointly controlled entities F – – –
Expenditure 9,528.0 43.3 9,571.3
Profi t before related income tax expense and net fi nance costs 984.0 (138.1) 845.9
Finance income 101.4 – 101.4
Finance costs C (216.3) (5.2) (221.5)
Net fi nance costs (114.9) (5.2) (120.1)
Profi t before related income tax expense 869.1 (143.3) 725.8
Income tax expense E2(239.6) 37.7 (201.9)
Profi t for the year 629.5 (105.6) 523.9
Minority interest –––
Net profi t attributable to members of Qantas 629.5 (105.6) 523.9
1 An amount of $200.0 million was reclassified from passenger revenue to other revenue under previous GAAP.
2 Inclusive of the tax impact of other A-IFRS transition adjustments.