SYDNEY PORTS CORPORATION ANNUAL REPORT 12

More documents

Recommendations

Info

84 Sydney PortS CorPoration noteS to the FinanCiaL StateMentS note 25. tranSfer of the regional PortS of eden and yamBa The following net assets of the Regional Ports of Eden and Yamba were transferred from Roads and Maritime Services into the Corporation on 1 December 2011. Sydney PortS CorPoration finanCial rePort 2011/12 Port of eden $000 Port of yamBa $000 Assets Cash 650 95 745 Land 555 480 1,035 Liabilities 1,205 575 1,780 Leave entitlements 29 95 124 Maintenance funds liability 621 – 621 650 95 745 Net assets 555 480 1,035 note 26. fUtUre develoPmentS The New South Wales Government on 27 July 2012 confirmed that it plans to proceed to market with the long-term lease of Port Botany. The announcement stated that it was anticipated that the Port Botany facility will be refinanced under a 99-year lease with a view to complete the transaction in mid 2013. The Corporation has determined that at the date of this report the proposed plan to lease the Port Botany facility does not meet the provisions of AASB 5 Non-current Assets Held for Sale and Discontinued Operations and therefore does not impact the 30 June 2012 financial statements. END OF AUDITED FINANCIAL STATEMENTS total $000
Sydney PortS CorPoration direCtorS’ deCLaration In the opinion of the Directors of Sydney Ports Corporation: 1. Pursuant to section 41C (1B) and (1C) of the Public Finance and Audit Act 1983, the accompanying financial statements and notes: (a) exhibit a true and fair view of the financial position of the Corporation at 30 June 2012 and of its performance, as represented by the results of its operations and its cash flows for the year ended on that date. (b) comply with applicable Australian Accounting Standards and Australian Accounting Interpretations, other mandatory and statutory reporting requirements including the Public Finance and Audit Act 1983, the Public Finance and Audit Regulation 2010 and the State Owned Corporations Act 1989. 2. There are reasonable grounds to believe that the Corporation will be able to pay its debts as and when they become due and payable; and 3. Pursuant to Clause 7 of the Public Finance and Audit Regulation 2010, we are not aware of any circumstances at the date of this declaration that would render any particulars included in the financial statements to be misleading or inaccurate. Signed in accordance with a resolution of the Directors. Chairman Director B. T. Smith T. Yassine Date: 21 September 2012 Date: 21 September 2012 Sydney PortS CorPoration finanCial rePort 2011/12 85
Page 1 and 2:
18 17 16 15 14 13 SYDNEY PORTS CORP
Page 3 and 4:
TABLE OF CONTENTS HIGHLIGHTS 2 OvER
Page 5 and 6:
OvErvIEw SYDNEY PORTS mANAgES ThE C
Page 7 and 8:
TrADE HIGHLIGHTS totaL Container tr
Page 9 and 10:
imPort CommoditieS 2011/12 (teUs) f
Page 11 and 12:
CHIEF EXECUTIvE OFFICEr’S rEPOrT
Page 13 and 14:
Mr Yassine holds other non-executiv
Page 15 and 16:
exeCutive generAl mAnAger, mArine s
Page 17 and 18:
CUSTOMEr SErvICE CHArTEr FOllOwINg
Page 19 and 20:
MArINE SErvICES mARINE SERvICES mAI
Page 21 and 22:
SECUrITY wITh ITS AROuND-ThE-ClOCk
Page 23 and 24:
POrT BOTANY LANDSIDE IMPrOvEMENT ST
Page 25 and 26:
N 0 200 400 Metres 600 800 Mill Str
Page 27 and 28:
INTErMODAL LOGISTICS CENTrE AT ENFI
Page 29 and 30:
CrUISE IN DECEmBER 2011, SYDNEY wAS
Page 31 and 32:
SUSTAINABILITY SYDNEY PORTS’ mAIN
Page 33 and 34:
MAPS PORT BOTANY PORT FACILITIES AN
Page 35 and 36: Sydney HarboUr PreCinCtS and tenant
Page 37 and 38: CookS river raiL yardS A B maritime
Page 39 and 40: Port of eden Boydtown East Boyd Tow
Page 41: metroPoLitan road and raiL LinkS 50
Page 44 and 45: 42 BeGinninG oF audited FinanCiaL S
Page 46 and 47: 44 Sydney PortS CorPoration StateMe
Page 48 and 49: 46 Sydney PortS CorPoration noteS t
Page 88 and 89: Sydney PortS CorPoration indePenden
Page 90 and 91: 88 Sydney PortS CorPoration StateMe
Page 92 and 93: 90 Sydney PortS CorPoration Statuto
Page 102 and 103: 100 Sydney PortS CorPoration Statut
Page 104 and 105: 102 Sydney PortS CorPoration Statut
Page 106 and 107: 104 Sydney PortS CorPoration iNDeX
Page 108: Corporate office and address L4, 20
show all

SYDNEY PORTS CORPORATION ANNUAL REPORT 12

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?