Qantas 2010 Annual Report Download - page 49

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47 ANNUAL REPORT 2010
for the year ended 30 June 2010
Consolidated Income Statement
Qantas Group
Notes
2010
$M
2009
$M
REVENUE AND OTHER INCOME
Net passenger revenue 10,938 11,604
Net freight revenue 821 764
Other 3 2,013 2,184
Revenue and other income 13,772 14,552
EXPENDITURE
Manpower and staff related 3,405 3,684
Fuel 3,283 3,602
Aircraft operating variable 2,675 2,834
Depreciation and amortisation 1,199 1,390
Non-cancellable aircraft operating lease rentals 525 450
Ineffective and non-designated derivatives 25 173 (105)
Share of net loss of associates and jointly controlled entities 15 4 15
Other 3 2,255 2,479
Expenditure 13,519 14,349
Statutory pro t before income tax expense and net  nance costs 253 203
Finance income 5 181 207
Finance costs 5 (256) (229)
Net  nance costs 5(75) (22)
Statutory pro t before income tax expense 178 181
Income tax expense 66258
Statutory pro t for the year 116 123
Attributable to:
Members of Qantas 112 117
Non-controlling interests 46
Statutory pro t for the year 116 123
EARNINGS PER SHARE ATTRIBUTABLE TO MEMBERS OF QANTAS
Basic/diluted earnings per share (cents) 8 4.9 5.6
UNDERLYING PBT (NON-STATUTORY MEASURE)
Statutory pro t before income tax expense and net  nance costs 253 203
Adjusted for:
—Ineffective and non-designated derivatives relating to other reporting periods 2(A) 156 (173)
—Non-recurring items 2(A) 59 106
Underlying pro t before income tax expense and net  nance costs (Underlying EBIT) 2468 136
Adjusted for:
—Statutory net  nance costs 5 (75) (22)
—Ineffective and non-designated derivatives relating to other reporting periods affecting net  nance costs 2(A) (16) (14)
Underlying pro t before income tax expense (Underlying PBT) 2377 100
The above Consolidated Income Statement should be read in conjunction with the accompanying notes.