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Brambles 2006 Annual Report - Alle jaarverslagen

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117<br />

<strong>Brambles</strong><br />

<strong>2006</strong> <strong>Annual</strong> <strong>Report</strong><br />

<strong>2006</strong><br />

US$m<br />

2005<br />

US$m<br />

d) Share of results of joint ventures and associates<br />

Continuing operations<br />

Trading revenue 11.0 9.3<br />

Expenses (6.6) (5.9)<br />

Profit from ordinary activities before tax 4.4 3.4<br />

Income tax on ordinary activities (0.8) (0.7)<br />

Profit for the year – continuing operations 3.6 2.7<br />

Discontinued operations<br />

Trading revenue 59.6 166.7<br />

Expenses (45.5) (147.0)<br />

Profit from ordinary activities before tax 14.1 19.7<br />

Income tax on ordinary activities (3.4) (5.6)<br />

Profit for the year – discontinued operations 10.7 14.1<br />

Profit for the year 14.3 16.8<br />

e) Share of assets and liabilities of joint ventures and associates<br />

Current assets 5.9 120.0<br />

Non-current assets 19.2 145.8<br />

Total assets 25.1 265.8<br />

Current liabilities 1.1 83.6<br />

Non-current liabilities 0.9 55.6<br />

Total liabilities 2.0 139.2<br />

Net assets – continuing operations 23.1 126.6<br />

<strong>Brambles</strong>’ share of net assets of joint ventures and associates of discontinued operations amounted to US$14.4 million (2005: nil).<br />

f) Share of commitments and contingent liabilities of joint ventures and associates<br />

Contingent liabilities 0.1 6.9<br />

Capital commitments 2.4 16.0<br />

Lease commitments 0.5 16.2<br />

Total – continuing operations 3.0 39.1<br />

<strong>Brambles</strong>’ total share of commitments and contingent liabilities of joint ventures and associates of discontinued operations amounted<br />

to US$5.6 million (2005: nil).

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