Qantas 2016 Annual Report Download - page 53

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Financial Report
For the year ended 30 June 2016
FINANCIAL STATEMENTS
Consolidated Income Statement 52
Consolidated Statement of Comprehensive Income 53
Consolidated Balance Sheet 54
Consolidated Statement of Changes in Equity 55
Consolidated Cash Flow Statement 57
NOTES TO THE FINANCIAL STATEMENTS
1 Underlying Profit Before Tax, Operating Segments and Return on Invested Capital 58
2 Revenue and Other Income 62
3 Other Expenditure 62
4 Net Finance Costs 63
5 Income Tax 63
6 Dividends and Other Shareholder Distributions 65
7 Auditor’s Remuneration 66
8 Cash and Cash Equivalents 66
9 Receivables 66
10 Assets Classified as Held for Sale 67
11 Property, Plant and Equipment 67
12 Intangible Assets 68
13 Deferred Tax Assets 69
14 Revenue Received in Advance 70
15 Interest-bearing Liabilities 71
16 Provisions 71
17 Capital 72
18 Impairment Testing of Cash Generating Units 73
19 Share-based Payments 73
20 Financial Risk Management 74
21 Notes to the Cash Flow Statement 80
22 Commitments 81
23 Contingent Liabilities 82
24 Superannuation 83
25 Deed of Cross Guarantee 85
26 Related Parties 87
27 Post Balance Date Events 87
28 Parent Entity Disclosures – Qantas Airways Limited 87
29 Summary of Significant Accounting Policies 90
Directors’ Declaration 101
Independent Auditor’s Report 102
51
QANTAS ANNUAL REPORT 2016