2001 Qantas Financial Report

Notes to the FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2001
OPENING CLOSING
WRITTEN WRITTEN
DOWN DOWN
QANTAS GROUP VALUE ADDITIONS DISPOSALS TRANSFERS DEPRECIATION OTHER* VALUE
2000 2001 2001 2001 2001 2001 2001
$M $M $M $M $M $M $M
13. PROPERTY, PLANT AND EQUIPMENT
(continued)
RECONCILIATIONS
Freehold Land – Owned 63.8 – (11.9) – – 6.3 58.2
Buildings – Owned 132.2 – (98.3) (2.1) (6.6) 30.4 55.6
Buildings – Leased 21.3 – – – (1.6) – 19.7
Total Buildings 153.5 – (98.3) (2.1) (8.2) 30.4 75.3
Leasehold Improvements 546.2 46.0 (0.2) 9.9 (46.5) (17.0) 538.4
Plant & Equipment – Owned 388.3 152.2 (10.3) 31.4 (132.6) 34.6 463.6
Plant & Equipment – Leased 2.3 1.1 – (0.7) (0.3) (0.4) 2.0
Total Plant & Equipment 390.6 153.3 (10.3) 30.7 (132.9) 34.2 465.6
Aircraft & Engines – Owned 1,593.8 205.0 (8.5) 327.6 (206.3) (1.4) 1,910.2
Aircraft & Engines – Hire Purchased 3,041.0 – – (141.9) (149.6) (1.3) 2,748.2
Aircraft & Engines – Leased 1,017.7 – – (183.2) (67.5) (1.3) 765.7
Total Aircraft & Engines 5,652.5 205.0 (8.5) 2.5 (423.4) (4.0) 5,424.1
Aircraft Spare Parts – Owned 234.0 165.1 (0.1) (41.0) (92.5) 3.3 268.8
Aircraft Spare Parts – Leased 1.8 – – – (0.2) – 1.6
Total Aircraft Spare Parts 235.8 165.1 (0.1) (41.0) (92.7) 3.3 270.4
Manufacturers’ Deposit 66.3 426.1 – – – – 492.4
Total Property, Plant and Equipment 7,108.7 995.5 (129.3) – (703.7) 53.2 7,324.4
*Other includes assets acquired as part of the acquisition of Caterair Airport Services Pty Limited and Caterair Airport Services (Sydney) Pty Limited and the capitalisation of prior year software costs relating to
the change in accounting policy detailed in note 1(c).
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24 QANTAS ANNUAL REPORT 2001