FINANCIAL STATEMENTS
STATEMENT OF COMPREHENS I VE I NCOME (all figures shown in tables are in $NZ thousands unless otherwise stated)
GROUP
Dec 2018 Unaudited
Dec 2017 Unaudited
FOR THE PERIOD ENDED 31 DECEMBER
NOTES
OPERATING ACTIVITIES REVENUE Air traffic management revenue
102,256
97,552
Net gain on sale of assets
1
4,185
3
Other revenue
12,095
9,856
TOTAL REVENUE
114,352
111,593
EXPENSES Employee remuneration
57,291
54,393
8
Employee related costs
3,969
3,732
Depreciation
9,832
8,943
Amortisation
2,233
2,522
Other operating costs
18,080
15,735
4
Rental expense on operating leases
3,906
2,801
Net finance expense
323
90 5
TOTAL EXPENSES
95,634
88,216 23,377
NET SURPLUS BEFORE TAXATION
18,718
Taxation expense
5,241
5,314
NET SURPLUS AFTER TAXATION ATTRIBUTABLE TO EQUITY SHAREHOLDERS OTHER COMPREHENSIVE INCOME That will be reclassified to profit or loss when conditions are met: Movement in cash flow hedge reserve
13,477
18,063
1
439
Deferred tax on other comprehensive income TOTAL OTHER COMPREHENSIVE INCOME
–
(123)
1
316
TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO EQUITY SHAREHOLDERS
13,478
18,379
This statement is to be read in conjunction with the Notes to the Financial Statements on pages 08-10.
Airways Interim Report 2018 2019
04
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