Australia Post Annual Report 2008–09

Contents – Financial
and statutory reports
50 Understanding our reports
51 Statements by directors
52 Financial statements audit report
54 Income statement
55 Balance sheet
56 Statement of recognised income and expense
57 Cashflow statement
58 Schedule of commitments
59 Schedule of contingencies
60 Notes to and forming part of the Financial Report
60 1 Summary of significant accounting policies
71 2 Revenues and other income
72 3 Expenses
73 4 Finance costs
73 5 Income tax
76 6 Current assets – trade and other receivables
76 7 Current assets – inventories (held for sale)
76 8 Other current assets
77 9 Non-current assets – trade and other receivables
77 10 Investments in controlled entities
78 11 Investments in jointly controlled entities
80 12 Superannuation
82 13 Analysis of property, plant & equipment
84 14 Analysis of intangibles
85 15 Investment properties
85 16 Impairment testing of goodwill
86 17 Other non-current assets
86 18 Current liabilities – trade and other payables
86 19 Interest-bearing liabilities
87 20 Provisions
87 21 Other non-current liabilities
88 22 Analysis of total equity
90 23 Analysis of reserves
91 24 Dividends paid
91 25 Auditor’s remuneration
91 26 Segment information
94 27 Key management personnel remuneration
and retirement benefits
98 28 Related parties
99 29 Financial and capital risk management
107 30 Leases
108 31 Notes to the cashflow statement
109 32 Corporate information
109 33 Events after balance date
110 Community service obligations
111 Auditor-General’s report – performance standards
113 Research International report on domestic
letter service monitor
115 Deloitte survey certification
117 Reserved/non-reserved services
118 Statutory reporting requirements index
121 Statutory reporting requirements
125 Australia Post – the statistics
125 1 Five-year statistical summary
125 2 Basic postage rate and the Consumer Price Index
126 3 Australia Post outlets
126 4 Australia Post outlets by state and geographic classification
127 5 Mail delivery network
127 6 Letter senders’ access to postal network
128 7 Letter recipients’ access to postal network
128 8 Frequency of service to delivery points
129 9 Overall letter service performance in 2008–09
129 10 Summary of Australia Post property portfolio
130 11 Total articles through Australia Post’s network
130 12 Persons engaged in providing postal services
Australia Post Annual Report 2008–09 | Financial and statutory reports 49