ASX ANNOUNCEMENT Bega Cheese Limited ... - Open Briefing

Index to Financial Statements
Year Ended 30 June 2011
Index to Financial Statements
Consolidated Statement of Comprehensive Income ................................................................................................ 27
Consolidated Balance Sheet .................................................................................................................................... 28
Consolidated Statement of Changes in Equity ......................................................................................................... 29
Consolidated Statement of Cash Flows ................................................................................................................... 30
Notes to the Financial Statements
1. Summary of Significant Accounting Policies ............................................................................................................... 31
2. Financial Risk Management ........................................................................................................................................ 41
3. Critical Accounting Estimates and Judgements ........................................................................................................... 46
4. Segment Information ................................................................................................................................................... 46
5. Revenue ...................................................................................................................................................................... 49
6. Expenses ..................................................................................................................................................................... 49
7. Income Tax .................................................................................................................................................................. 50
8. Current Assets - Trade and Other Receivables ........................................................................................................... 52
9. Current Assets - Other Financial Assets ...................................................................................................................... 52
10. Current Assets - Inventories ........................................................................................................................................ 52
11. Current Assets - Held for Sale ..................................................................................................................................... 53
12. Non-Current Assets - Other Financial Assets .............................................................................................................. 53
13. Non-Current Assets - Property, Plant and Equipment ................................................................................................. 53
14. Non-Current Assets - Intangible Assets ...................................................................................................................... 54
15. Current Liabilities - Trade and Other Payables ............................................................................................................ 55
16. Current Liabilities - Borrowings .................................................................................................................................... 55
17. Current Liabilities - Provisions ..................................................................................................................................... 55
18. Non-Current Liabilities - Trade and Other Payables .................................................................................................... 55
19. Non-Current Liabilities - Borrowings ............................................................................................................................ 56
20. Non-Current Liabilities - Provisions ............................................................................................................................. 56
21. Contributed Equity ....................................................................................................................................................... 56
22. Reserves ..................................................................................................................................................................... 58
23. Dividends to Shareholders .......................................................................................................................................... 58
24. Remuneration of Auditors ............................................................................................................................................ 59
25. Contingent Liabilities, Guarantees and Warranties ..................................................................................................... 59
26. Commitments .............................................................................................................................................................. 59
27. Related Party Transactions ......................................................................................................................................... 60
28. Subsidiary and Joint Venture ....................................................................................................................................... 61
29. Subsequent Events ..................................................................................................................................................... 62
30. Notes to the Consolidated Statement of Cash Flows .................................................................................................. 63
31. Earnings per Share ...................................................................................................................................................... 64
32. Share Based Payments ............................................................................................................................................... 64
33. Parent Entity Financial Information .............................................................................................................................. 65
Bega Cheese Limited 2011 Annual Report 26