4.78 MB - Perth Airport

NOTES TO THE FINANCIAL STATEMENTS
30 JUNE 2005 (CONTINUED)
Consolidated
Parent
Notes 2005 2004 2005 2004
$’000 $’000 $’000 $’000
NOTE 2. REVENUES AND EXPENSES
(a) Revenue From Ordinary Activities
Revenue From Ordinary Operating Activities
Aeronautical Charges 49,594 43,555 49,594 43,555
Trading 24,620 21,606 24,620 21,606
Ground Transport Services 19,209 15,902 19,209 15,902
Property 18,333 16,411 18,333 15,871
Proceeds Capital Leases of Investment Land
and Sale of Buildings (i) 17,961 9,695 17,961 9,695
Recharge Property Service Costs 9,058 7,281 9,058 7,281
Other Revenue 1,004 1,259 1,004 1,259
139,779 115,709 139,779 115,169
Revenue from Ordinary Non-Operating Activities
Interest revenue – other persons/corporations 1,000 704 1,000 1,080
Proceeds on sale of infrastructure, plant and equipment 37 79 37 79
1,037 783 1,037 1,159
Total Revenue From Ordinary Activities 140,816 116,492 140,816 116,328
Profit from sale of infrastructure, plant and equipment 10 11 10 11
(b) Other Expenses From Ordinary Activities
Employee Expenses 11,800 11,111 11,800 11,111
Services and Utilities 20,843 16,743 20,843 16,743
Cost of Sale – Capital Leases Investment Land
and Sale of Buildings (i) 13,028 2,908 13,028 2,908
General Administration and Other 9,122 7,528 9,122 7,528
Provision – Onerous Contract 6,025 - 6,025 -
Work in Progress Written Off 26 767 26 767
Bad Debts Written Off 30 41 30 41
Provision for Doubtful Debts (182) 11 (182) 11
Lease Expenses 121 145 121 145
Maintenance Expenses 2,799 2,465 2,799 2,465
63,612 41,719 63,612 41,719
(i) Profit on Capital Leases of Investment Land and Sale of Buildings
Proceeds on sale (Note 2(a)) 17,961 9,695 17,961 9,695
Cost on sale (Note 2(b)) (13,028) (2,908) (13,028) (2,908)
Net profit on sale 4,933 6,787 4,933 6,787
Sale of investment land under finance leases sold on
back to back terms with head lease.
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