Australia Post Annual Report 2008–09

Notes to and forming part of the Financial Report for the year ended 30 June 2009
22 Analysis of total equity
Balance at 1 July 2007
Operating profit
Translation differences on group operations
Actuarial losses (superannuation asset)
Deferred tax
Movement in jointly controlled entities reserves
Revaluation of cashflow hedge – gross
Deferred tax
Transfer to suppliers expense in net profit on cashflow hedge – gross
Deferred tax
Transfer to initial cost of computer software and equipment
on cashflow hedge – gross
Dividends (see note 24)
88
Australia Post Annual Report 2008–09 | Financial and statutory reports
Total
reserves
(note 23)
$m
4.6
–
0.5
–
–
0.3
4.0
(1.2)
(5.4)
1.6
0.1
–
Contributed
equity
$m
400.0
–
–
–
–
–
–
–
–
–
–
–
Retained
profits
$m
2,407.5
432.2
–
(183.1)
54.9
–
–
–
–
–
–
(306.3)
Minority
interest
$m
0.3
(0.1)
–
–
–
–
–
–
–
–
–
–
Consolidated
Total
equity
$m
2,812.4
432.1
0.5
(183.1)
54.9
0.3
4.0
(1.2)
(5.4)
1.6
Balance at 30 June 2008 4.5 400.0 2,405.2 0.2 2,809.9
Operating profit
Translation differences on group operations
Actuarial losses (superannuation asset)
Deferred tax
Jointly controlled entities actuarial gains and losses
Minority interest acquired (1)
Movement in jointly controlled entities reserves
Revaluation of cashflow hedge – gross
Deferred tax
Transfer to initial cost of computer software and equipment
on cashflow hedge – gross
Deferred tax
Dividends (see note 24)
–
(0.1)
–
–
–
–
(0.3)
0.2
(0.1)
(0.6)
0.2
–
–
–
–
–
–
–
–
–
–
–
–
–
260.6
–
(1,126.7)
338.0
(6.8)
(1.2)
–
–
–
–
–
(427.8)
(0.1)
–
–
–
–
(0.1)
–
–
–
–
–
–
0.1
(306.3)
260.5
(0.1)
(1,126.7)
338.0
(6.8)
(1.3)
(0.3)
0.2
(0.1)
Balance at 30 June 2009 3.8 400.0 1,441.3 – 1,845.1
(1) On 26 September 2008, Post Logistics Australasia Pty Limited acquired the remaining 25% interest in its subsidiary Lakewood Logistics Pty Ltd. The purchase price was
$1.3 million and no goodwill was recognised on the purchase.
(0.6)
0.2
(427.8)