Qantas 2006 Annual Report Download - page 96

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94
Notes to the Financial Statements
for the year ended 30 June 2006
14. Deferred Tax Assets and Liabilities Continued
MOVEMENT IN TEMPORARY DIFFERENCES DURING THE YEAR
2006
$M Opening
Balance
Recognised
in Income
Recognised
in Equity
Closing
Balance
QANTAS GROUP
Inventories (5.1) 0.1 – (5.0)
Property, plant and equipment (1,224.2) (61.9) (0.8) (1,286.9)
Interest-bearing liabilities 36.4 (4.4) – 32.0
Other financial assets/liabilities (167.5) 37.2 8.2 (122.1)
Provisions 217.5 12.2 – 229.7
Foreign exchange gains and losses 7.3 (2.2) – 5.1
Revenue received in advance 374.1 19.2 – 393.3
Other items 69.9 (22.8) – 47.1
Tax value of loss carry-forwards recognised 9.3 (0.8) – 8.5
(682.3) (23.4) 7.4 (698.3)
2005
$M
QANTAS GROUP
Inventories (2.0) (3.1) – (5.1)
Property, plant and equipment (1,151.1) (73.1) – (1,224.2)
Interest-bearing liabilities 151.5 (115.1) – 36.4
Provisions 152.8 64.7 – 217.5
Foreign exchange gains and losses (31.2) 35.3 – 4.1
Revenue received in advance 339.0 35.1 – 374.1
Other items 128.8 (59.0) – 69.8
Tax value of loss carry-forwards recognised 4.2 5.2 – 9.4
(408.0) (110.0) – (518.0)
2006
$M
QANTAS
Inventories (6.6) 1.9 – (4.7)
Property, plant and equipment (1,228.1) (78.8) – (1,306.9)
Interest-bearing liabilities 98.2 (21.6) – 76.6
Other financial assets/liabilities (167.5) 37.2 8.2 (122.1)
Provisions 191.5 5.6 – 197.1
Foreign exchange gains and losses 7.1 (3.0) – 4.1
Revenue received in advance 374.1 19.2 – 393.3
Other items 71.7 (23.1) – 48.6
Tax value of loss carry-forwards recognised 9.3 (0.8) – 8.5
(650.3) (63.4) 8.2 (705.5)
2005
$M
QANTAS
Inventories (3.1) (3.5) – (6.6)
Property, plant and equipment (1,073.6) (154.5) – (1,228.1)
Interest-bearing liabilities 112.6 (14.4) – 98.2
Provisions 133.2 58.3 – 191.5
Foreign exchange gains and losses (31.5) 24.2 – (7.3)
Revenue received in advance 339.0 35.1 – 374.1
Other items 129.9 (58.2) – 71.7
Tax value of loss carry-forwards recognised 4.2 5.1 – 9.3
(389.3) (107.9) – (497.2)