2012 Annual Report - Domino's Pizza

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NOTES TO THE FINANCIAL STATEMENTS CONTINUED 17. SUBSIDIARIES Details of the Company’s subsidiaries at 1 July 2012 are as follows: NAME OF ENTITY PLACE OF INCORPORATION AND OPERATION PORTION OF OWNERSHIP INTEREST AND VOTING POWER HELD Ashbourke Pty Ltd (i) Australia 100% 100% Domino’s Development Fund Pty Ltd (i) Australia 100% 100% Hot Cell Pty Ltd (i) Australia 100% 100% MFT – DPA JV Nominee Pty Ltd Australia 100% 100% Reel (NT) Pty Ltd (i) Australia 100% 100% Shear Pizza Pty Ltd (i) Australia 100% 100% Silvio’s Dial-a-Pizza Pty Ltd (i) Australia 100% 100% Twenty/Twenty Pizza Pty Ltd (i) Australia 100% 100% Twenty/Twenty Pizza Pty Ltd & Domino’s Pizza Australia Pty Ltd Partnership (i) Australia 100% 100% Domino’s Pizza New Zealand Limited New Zealand 100% 100% DPH NZ Holdings Limited New Zealand 100% 100% DPEU Holdings S.A.S. France 100% 100% Domino’s Pizza France S.A.S. France 100% 100% DPFC S.A.R.L. France 100% 100% HVM Pizza S.A.R.L. France 100% 100% Domino’s Pizza Europe B.V. The Netherlands 100% 100% Domino’s Pizza Netherlands B.V. The Netherlands 100% 100% DOPI Vastgoed B.V. The Netherlands 100% 100% Domino’s Pizza Corporate Stores and Distributie B.V. The Netherlands 100% 100% Domino’s Pizza Belgium S.P.R.L. Belgium 100% 100% Catering Service & Supply Pty Ltd Australia 100% 100% Eximus S.A.R.L. France 100% 100% Bacalan S.A.R.L. France 100% 100% 2012 % 2011 % (i) This entity is a member of the tax-consolidated group where Domino’s Pizza Enterprises Limited is the head entity within the tax-consolidated group. 56 ANNUAL REPORT 2012 DOMINO’S PIZZA ENTERPRISES LIMITED
18. PROPERTY, PLANT AND EQUIPMENT 2012 $’000 2011 $’000 Cost 59,905 59,048 Accumulated depreciation and impairment (24,874) (24,670) 35,031 34,378 Plant and equipment 34,927 34,250 Equipment under finance lease 104 128 35,031 34,378 PLANT & EQUIPMENT AT COST $’000 EQUIPMENT UNDER FINANCE LEASE AT COST $’000 Cost Balance at 4 July 2010 52,442 45 52,487 Additions 12,760 144 12,904 Disposals (8,469) (11) (8,480) Acquisitions through business combinations (note 36) 3,141 - 3,141 Reclassification 17 (36) (19) Net foreign currency exchange differences (985) - (985) Balance at 3 July 2011 58,906 142 59,048 Additions 17,658 - 17,658 Disposals (18,408) - (18,408) Acquisitions through business combinations (note 36) 3,228 - 3,228 Reclassification (161) - (161) Net foreign currency exchange differences (1,460) - (1,460) Balance at 1 July 2012 59,763 142 59,905 TOTAL $’000 Accumulated depreciation and impairment Balance at 4 July 2010 (21,650) (25) (21,675) Disposals 3,424 9 3,433 Depreciation expense (6,597) (17) (6,614) Reclassification - 19 19 Net foreign currency exchange differences 167 - 167 Other expensed items - - - Balance at 3 July 2011 (24,656) (14) (24,670) Disposals 6,198 - 6,198 Depreciation expense (6,914) (24) (6,938) Reclassification 161 - 161 Net foreign currency exchange differences 375 - 375 Other expensed items - - - Balance at 1 July 2012 (24,836) (38) (24,874) There was no depreciation during the period that was capitalised as part of the cost of other assets. 18.1 Assets pledged as security In accordance with the security arrangements of liabilities, as disclosed in note 23 to the financial statements, all non-current assets of the Consolidated entity, except goodwill and deferred tax assets, have been pledged as security. The holder of the security does not have the right to sell or re-pledge the assets other than in an event of default. The Consolidated entity does not hold title to the equipment under finance lease pledged as security. ANNUAL REPORT 2012 DOMINO’S PIZZA ENTERPRISES LIMITED 57
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Theatre Of Food ANNUAL REPORT 2012
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RECORD GROWTH IN EUROPE - TOTAL NET
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CHAIRMAN’S message Embracing tech
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Financial PERFORMANCE Investing in
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Digital Australia and New Zealand O
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New stores new designs Australia an
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The Future We remain focused and de
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Healthier CHOICES A rally to health
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Healthier ingredients Domino’s pr
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Theatre Of Food For THE LOve of FOO
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Connecting Through technology Techn
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FRANCE AND BELGIUM To interact with
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Domino’s Pizza Enterprises Ltd 8t
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KEY FINANCIAL INDICATORS 2006 2007
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CORPORATE GOVERNANCE STATEMENT CONT
Page 32 and 33: CORPORATE GOVERNANCE STATEMENT CONT
Page 34 and 35: CORPORATE GOVERNANCE STATEMENT CONT
Page 36 and 37: DIRECTORS’ REPORT The directors o
Page 38 and 39: DIRECTORS’ REPORT CONTINUED Share
Page 40 and 41: DIRECTORS’ REPORT CONTINUED REMUN
Page 42 and 43: DIRECTORS’ REPORT CONTINUED REMUN
Page 44 and 45: DIRECTORS’ REPORT CONTINUED BONUS
Page 46 and 47: DIRECTORS’ REPORT CONTINUED The f
Page 48 and 49: AUDITOR’S INDEPENDENCE DECLARATIO
Page 50 and 51: INDEPENDENT AUDITOR’S REPORT CONT
Page 53 and 54: INDEX TO THE FINANCIAL REPORT CONTE
Page 55 and 56: CONSOLIDATED STATEMENT OF FINANCIAL
Page 57 and 58: CONSOLIDATED STATEMENT OF CASH FLOW
Page 59 and 60: 2.2 Standards and Interpretations a
Page 61 and 62: 3. SIGNIFICANT ACCOUNTING POLICIES
Page 63 and 64: 3.8.5 Dividend and interest revenue
Page 65 and 66: For certain categories of financial
Page 67 and 68: 3.20 Impairment of tangible and int
Page 69 and 70: 4. CRITICAL ACCOUNTING JUDGEMENTS A
Page 71 and 72: 6.3 Segment assets and liabilities
Page 73 and 74: 10. INCOME TAXES 10.1 Income tax re
Page 75 and 76: 10.4 Deferred tax balances 2012 OPE
Page 77 and 78: 11. PROFIT FOR THE YEAR FROM CONTIN
Page 79 and 80: 13. TRADE AND OTHER RECEIVABLES Tra
Page 81: Ageing of loans to franchisees Amou
Page 85 and 86: Key assumptions The key assumptions
Page 87 and 88: 22. TRADE AND OTHER PAYABLES Trade
Page 89 and 90: 26. OTHER LIABILITIES 2012 $’000
Page 91 and 92: 29. RESERVES Foreign currency trans
Page 93 and 94: 32.1.1 Gearing ratio Debt (i) 14,04
Page 95 and 96: The following table details the val
Page 97 and 98: 32.9 Liquidity risk management The
Page 99 and 100: The following share-based payment a
Page 101 and 102: 34. KEY MANAGEMENT PERSONNEL COMPEN
Page 103 and 104: The compensation of each member of
Page 105 and 106: Executive share options of Domino
Page 107 and 108: 36. ACQUISITION OF BUSINESSES NAME
Page 109 and 110: 37.1 Reconciliation of profit for t
Page 111 and 112: 43. PARENT ENTITY INFORMATION 43.1
Page 113 and 114: TWENTY LARGEST HOLDERS OF QUOTED EQ
Page 115 and 116: CORPORATE DIRECTORY DIRECTORS Ross
Page 117 and 118: ANNUAL REPORT 2012 DOMINO’S PIZZA
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2012 Annual Report - Domino's Pizza

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