Airways Annual Report 2019

Airways Corporation of New Zealand Limited Annual Report 2018 2019

NOTES TO THE FINANCIAL STATEMENTS

SECTION B Risk CONTINUED

Financial liability profile

CHAIR AND CEO’S REVIEW

Between 3 mths & 1 year ($000’s)

Greater than 5 years ($000’s)

Less than 3 mths ($000’s)

Between 1 & 2 years ($000’s)

Between 2&5 years ($000’s)

No stated maturity ($000’s)

INVESTING IN THE FUTURE

As at 30 June 2019 Interest rate derivatives – outflow Foreign currency exchange contracts – inflow* Foreign currency exchange contracts – outflow

(182)

(565)

(551)

(439)

INTEGRATING DRONES INTO OUR AIRSPACE

5,221

5,673

1,105

2,269

(5,217)

(5,684)

(1,131)

(2,365)

AIRWAYS INTERNATIONAL

Trade and other payables

(10,948)

Employee entitlements

– (29,999)

Term loan

(414)

(1,231)

(1,640)

(54,925)

SUSTAINABILITY

Total

(11,540)

(1,807)

(2,217) (55,460)

– (29,999)

As at 30 June 2018 Interest rate derivatives – outflow Foreign currency exchange contracts – inflow* Foreign currency exchange contracts – outflow

AIRWAYS BOARD OF DIRECTORS

(194)

(554)

(582)

(563)

4,036

8,445

7,520

3,295

FINANCIALS

(4,060)

(8,333)

(7,479)

(3,325)

FINANCIAL PERFORMANCE

Trade and other payables

(8,959)

Employee entitlements

– (26,868)

PERFORMANCE AND PROGRESS AGAINST SCI METRICS

Term loan

(365)

(1,084)

(1,449) (44,348)

Total – (26,868) *Foreign currency exchange contracts are settled gross and as a result the inflows associated with these contracts have been included in this analysis. Airways has contingent liabilities in respect of financial guarantee contracts of $1.073 million for performance bonds (2018: $0.764 million). (9,526) (1,526) (1,990) (44,941)

FINANCIAL STATEMENTS

NOTE STRUCTURE

HOW THE NUMBERS ARE CALCULATED

RISK

GROUP STRUCTURE UNRECOGNISED ITEMS OTHER INFORMATION

AUDIT REPORT

EVA KEY PERFORMANCE INDICATORS

ADDITIONAL FINANCIAL INFORMATION

GOVERNANCE AT AIRWAYS

51

Made with FlippingBook - Online Brochure Maker