Qantas 2015 Annual Report Download - page 50

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49
QANTAS ANNUAL REPORT 2015
CONTENTS
Consolidated Income Statement 50
Consolidated Statement of Comprehensive Income 51
Consolidated Balance Sheet 52
Consolidated Statement of Changes in Equity 53
Consolidated Cash Flow Statement 55
Notes to the Financial Statements
1. Reporting Entity 56
2. Critical Accounting Estimates and Judgements 56
3. Underlying Profit/(Loss) Before Tax, Operating Segments and Return on Invested Capital 56
4. Other Revenue/Income and Other Expenditure 61
5. Net Finance Costs 62
6. Income Tax 62
7. Earnings/(Loss) per Share 63
8. Auditor’s Remuneration 64
9. Shareholder Distributions 64
10. Cash and Cash Equivalents 64
11. Receivables 65
12. Inventories 65
13. Assets Classified as Held for Sale 65
14. Investments Accounted for Under the Equity Method 65
15. Property, Plant and Equipment 66
16. Intangible Assets 67
17. Deferred Tax Assets/(Liabilities) 67
18. Other Assets 68
19. Payables 68
20. Revenue Received in Advance 69
21. Interest-bearing Liabilities 69
22. Provisions 70
23. Capital and Reserves 71
24. Impairment Testing of Cash Generating Units 72
25. Share-based Payments 72
26. Derivatives and Hedging Instruments 73
27. Notes to the Cash Flow Statement 76
28. Acquisition and Disposal of Controlled Entities 77
29. Commitments 77
30. Contingent Liabilities 78
31. Superannuation 79
32. Deed of Cross Guarantee 81
33. Related Parties 83
34. Financial Risk Management 83
35. Events Subsequent to Balance Date 87
36. Parent Entity Disclosures for Qantas Airways Limited (Qantas) 87
37. Significant Accounting Policies 89
38. Application of New or Revised Accounting Standards 99
39. New Standards and Interpretations Not Yet Adopted 100
Directors’ Declaration 101
Independent Auditor’s Report 102
FINANCIAL REPORT
FOR THE YEAR ENDED 30 JUNE 2015