preliminary final report & june quarterly update - Leighton Holdings

Notes to the Consolidated Preliminary Final Report
for the year ended 30 June 2011
1. BASIS OF PREPARATION
The consolidated preliminary final report is presented in Australian dollars and has been prepared on a historical cost basis,
except for derivative financial instruments and available-for-sale assets that have been measured at fair value at reporting date.
Leighton Holdings Limited (the “Company”) is a company domiciled in Australia. The consolidated preliminary final report of
the Company for the year ended 30 June 2011 comprises the Company and its controlled entities (the “Consolidated Entity” or
“Group”) and the Consolidated Entity’s interest in associates and jointly controlled entities.
The Company is a company of the kind referred to in ASIC Class Order 98/100 dated 10 July 1998 and in accordance with that
Class Order, all financial information presented in Australian dollars has been rounded off to the nearest hundred thousand
dollars, unless otherwise stated.
The consolidated preliminary final report is based on the Group’s financial statements which are in the process of being audited
and have been prepared in accordance with Australian Accounting Standards (AASBs) (including Australian Accounting
Interpretations) adopted by the Australian Accounting Standards Board (AASB) and the Corporations Act 2001. The financial
statements also comply with International Financial Reporting Standards adopted by the International Accounting Standards
Board. The accounting policies adopted are consistent with those of the previous financial year.
The Company does not expect that there will be any modification or qualification to the audit opinion on the financial
statements.
The consolidated preliminary final report was authorised for issue by the directors on 15 August 2011.
2. REVENUE
Note 2011
$m
2010
$m
Construction contracting services 9,159.7 8,659.5
Mining contracting services 5,177.0 4,861.4
Property development revenue 76.5 217.9
Other services revenue 1,118.3 803.0
Revenue from external customers 15,531.5 14,541.8
Interest
- Related parties 4.4 0.5
- Other parties 18.3 13.4
Unwinding of discounts on non-current receivables
- Related parties 5.6 0.2
- Other parties 1.4 0.9
Dividends / distributions 0.1 2.8
Other revenue 29.8 17.8
Total revenue 5 15,561.3 14,559.6
Leighton Holdings Limited
Appendix 4E and Consolidated Preliminary Final Report for the Year Ended 30 June 2011 10