Qantas 2009 Annual Report Download - page 115

Download and view the complete annual report

Please find page 115 of the 2009 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 164

  • 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
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

113 Qantas Annual Report 2009
QANTAS
2009
$M
Reconciliations
Freehold land – owned 47 – – – – – – 47
Buildings – owned 149 – – – – (10) – 139
Buildings – leased – – – – – – – –
Total buildings 149 – – – – (10) – 139
Leasehold improvements 378 113 – (21) – (54) 1 417
Plant and equipment 330 68 (13) (33) – (68) 9 293
Aircraft and engines – owned 3,957 319 (177) 123 (23) (575) 29 3,653
Aircraft and engines – hire purchased 3,668 – (1) 802 – (249) – 4,220
Aircraft and engines – leased 127 – – – – (30) – 97
Aircraft and engines – maintenance 298 102 (23) 80 – (150) 12 319
Total aircraft and engines 8,050 421 (201) 1,005 (23) (1,004) 41 8,289
Aircraft spare parts – owned 278 140 (2) – – (57) (12) 347
Aircraft spare parts – leased 12 – – – – (1) – 11
Total aircraft spare parts 290 140 (2) – – (58) (12) 358
Aircraft deposits 1,590 618 (127) (913) – – 52 1,220
Total property, plant and equipment 10,834 1,360 (343) 38 (23) (1,194) 91 10,763
1. Other includes transfers to inventories and capitalised interest.
Notes to the Financial Statements
for the year ended 30 June 2009
2008
Reconciliations
Freehold land – owned 47 – – – – – – 47
Buildings – owned 169 – (8) – – (12) – 149
Buildings – leased 8 – (8) – – – – –
Total buildings 177 – (16) – – (12) – 149
Leasehold improvements 404 24 (29) 19 – (44) 4 378
Plant and equipment 432 133 (148) (10) – (78) 1 330
Aircraft and engines – owned 4,004 296 (6) 90 (12) (622) 207 3,957
Aircraft and engines – hire purchased 3,799 – – 93 – (223) (1) 3,668
Aircraft and engines – leased 390 – – 3 – (101) (165) 127
Aircraft and engines – maintenance 363 – – 91 (12) (144) – 298
Total aircraft and engines 8,556 296 (6) 277 (24) (1,090) 41 8,050
Aircraft spare parts – owned 285 40 (1) 9 (4) (44) (7) 278
Aircraft spare parts – leased 14 – – – – (2) – 12
Total aircraft spare parts 299 40 (1) 9 (4) (46) (7) 290
Aircraft deposits 1,055 800 – (339) – – 74 1,590
Total property, plant and equipment 10,970 1,293 (200) (44) (28) (1,270) 113 10,834
1. Other includes transfers to inventories and capitalised interest.
Secured assets
Certain aircraft and engines act as security against related financings. Under the terms of certain financing facilities entered into by the Qantas Group,
the underwriters to these agreements have a fixed charge over certain aircraft and engines to the extent that debt has been issued directly to those
underwriters. The total carrying amount of assets under pledge was $5,572 million as at 30 June 2009 (2008: $5,534 million).
16. Property, Plant and Equipment continued
Opening Net
Book Value
Additions
Transfers
Transferred to
Assets Classified as
Held for Sale
Depreciation and
Amortisation
Other1
Closing Net
Book Value
Disposals