Qantas 2008 Annual Report Download - page 113

Download and view the complete annual report

Please find page 113 of the 2008 Qantas annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

111 Qantas Annual Report 2008
Notes to the Financial Statements
for the year ended 30 June 2008
Qantas Group Qantas
Current 2008
$M
2007
$M
2008
$M
2007
$M
Trade creditors
Controlled entities 214.1 576.2
Associates and jointly controlled entities 0.2 1.8 0.2 1.4
Other parties 669.6 672.8 524.1 521.3
669.8 674.6 738.4 1,098.9
Other loans
Controlled entities – non-interest-bearing 674.8
Other creditors and accruals
Other parties 1,504.1 1,331.1 1,185.4 1,108.6
2,173.9 2,005.7 2,598.6 2,207.5
20. Revenue Received in Advance
Current $M $M $M $M
Unavailed passenger revenue 2,370.8 2,199.1 2,006.3 1,932.9
Unredeemed frequent fl yer revenue 896.4 850.2 888.3 842.5
3,267.2 3,049.3 2,894.6 2,775.4
Non-current $M $M $M $M
Unredeemed frequent fl yer revenue 1,082.6 1,049.7 1,082.6 1,049.7
21. Interest-bearing Liabilities
Current $M $M $M $M
Bank overdraft
unsecured20.1
Bank loans
secured211.1 207.2 91.3 89.5
Other loans – unsecured
Related parties
associates and jointly controlled entities3.4 6.5 3.4 6.5
Other parties 305.9 166.8 305.7 166.8
Lease and hire purchase liabilities (refer Note 27)
controlled entities176.7 174.0
other parties66.8 483.2 66.8 483.2
587.2 863.7 664.0 920.0
Non-current $M $M $M $M
Bank loans
secured1,480.6 1,769.3 669.5 787.6
unsecured628.5 627.7 628.5 627.7
Other loans – unsecured
Other parties 924.5 1,238.6 924.5 1,238.4
Lease and hire purchase liabilities (refer Note 27)
controlled entities1,202.2 1,419.4
other parties539.2 575.3 539.2 575.3
3,572.8 4,210.9 3,963.9 4,648.4
Certain current and non-current loans relate to specifi c nancings of aircraft and engines and are secured by the aircraft to which they relate (refer Note 16).
The bank overdraft in Qantas forms part of a set-off arrangement with other subsidaries within the Qantas Group. Consequently, this bank overdraft is set
off against cash and cash equivalents in the Qantas Group fi nancial statements.
19. Payables
For personal use only