4.78 MB - Perth Airport
4.78 MB - Perth Airport
4.78 MB - Perth Airport
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STATEMENT OF FINANCIAL PERFORMANCE<br />
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2005<br />
Consolidated<br />
Parent<br />
Notes 2005 2004 2005 2004<br />
$’000 $’000 $’000 $’000<br />
Revenues from ordinary operating activities 2(a) 139,779 115,709 139,779 115,169<br />
Expenses from ordinary activities before depreciation,<br />
amortisation and book value of assets sold 2(b) (63,612) (41,719) (63,612) (41,719)<br />
EBITDA * 76,167 73,990 76,167 73,450<br />
Revenue from ordinary non-operating activities 2(a) 1,037 783 1,037 1,159<br />
Borrowing cost expenses 2(c) (60,013) (57,001) (60,013) (57,001)<br />
Depreciation 2(d) (10,116) (7,769) (10,116) (7,605)<br />
Amortisation 2(e) (6,703) (7,598) (6,703) (7,598)<br />
Book value of assets sold (27) (68) (27) (68)<br />
Profit from ordinary activities before income tax 345 2,337 345 2,337<br />
Income tax expense relating to ordinary activities 3 - - - -<br />
Net profit 22 345 2,337 345 2,337<br />
Total revenues, expenses and valuation adjustments<br />
attributable to members of Westralia <strong>Airport</strong>s<br />
10(b)<br />
Corporation Pty Ltd and recognised directly in equity 21 8,414 164,922 8,414 164,922<br />
Total changes in equity other than those resulting<br />
from transactions with owners as owners 8,759 167,259 8,759 167,259<br />
The above statement of financial performance should be read in conjunction with the accompanying notes.<br />
* EBITDA represents Earnings before Interest, Tax, Depreciation and Amortisation.<br />
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