Qantas 2013 Annual Report Download - page 122

Download and view the complete annual report

Please find page 122 of the 2013 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 184

  • 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
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184

120
8. Auditor’s Remuneration
Qantas Group
2013
$000
2012
$000
AUDIT SERVICES
Auditors of Qantas – KPMG Australia
– Audit and review of Financial Report 2,926 2,952
– Other regulatory audit services 12 36
Overseas KPMG rms
– Audit and review of Financial Report 287 325
Total audit services 3,225 3,313
OTHER SERVICES
Audit related services
Auditors of Qantas – KPMG Australia
– Due diligence service –61
– Other audit related services 973 1,196
Total audit related services 973 1,257
Taxation services
Auditors of Qantas – KPMG Australia 265 410
Overseas KPMG rms 163 201
Total taxation services 428 611
Other non-audit services
Auditors of Qantas – KPMG Australia 329 435
Overseas KPMG rms 17 36
Total other non-audit services 346 471
Total other services 1,747 2,339
Total auditor’s remuneration 4,972 5,652
9. Dividends
A DIVIDENDS DECLARED AND PAID
No dividends were declared or paid in the current year by Qantas.
No nal dividend will be paid in relation to the year ended 30 June 2013.
For the year ended 30 June 2013 no dividends (2012: $1 million) were declared to non-controlling interest shareholders
by non-wholly-owned controlled entities.
B FRANKING ACCOUNT
Qantas Group
2013
$M
2012
$M
Total franking account balance at 30 per cent 84 25
The above amount represents the balance of the franking account as at 30 June, after taking into account adjustments for:
»Franking credits that will arise from the payment of income tax payable for the current year
»Franking credits that will arise from the receipt of dividends recognised as receivables at the year end
»Franking credits that may be prevented from being distributed in subsequent years
»The ability to utilise the franking credits is dependent upon there being sufcient available prots to declare dividends.
Notes to the Financial Statements continued
FOR THE YEAR ENDED 30 JUNE 2013