ARTA Annual Report 2009 - Auckland Transport

17 Employee Benefits
2009 2008
$000 $000
Employee Benefit Liabilities
Gratuities 40 37
Accrued salaries and wages 276 222
Accrued annual leave 620 591
Accrued Accident Compensation 89 0
Total 1,025 850
Employee Benefit Expenses
Gratuities 3 4
Employee termination benefits 0 5
Salaries and wages 11,926 9,807
Total 11,929 9,816
18 Business Combination
There have been no business combinations during the year ending 30 June 2009.
On 1 October 2007, ARTA acquired, via an Order In Council (dated 24 September 2007), the assets and
businesses of ARTNL Harbour Berths Limited and ARTNL Metro Limited, wholly owned subsidiaries of
Auckland Regional Transport Network Limited. This acquisition is in line with ARTA’s public benefit entity
status and purpose.
ARTNL Harbour Berths Limited owned (in part), developed and managed an integrated network of ferry
terminals within the Auckland region to facilitate a comprehensive ferry network in accordance with the
Regional Ferry Strategy.
The acquired Harbour Berths business contributed revenues of $1,568,000 and a net loss of $641,000 to
ARTA for the period 1 October 2007 to 30 June 2008.
If the acquisition had occurred on 1 July 2007, revenue would have been $2,091,000, and the net loss
$855,000.
ARTNL Metro Limited leased, managed and upgraded 39 passenger rail stations within the Auckland region
to ensure the provision of safe access for operators and passengers to rail stations.
117