Contents | 3 |
Our Vision | 4 |
About ARTC | 6 |
CEO & Chairman’s Overview | 8 |
2013 Financial Highlights | 12 |
2013 Year In Review | 14 |
Our Interstate Business | 17 |
Our Hunter Valley Business | 25 |
Our People | 28 |
Safety | 30 |
Environment | 38 |
Community | 42 |
Corporate Governance Statement | 46 |
Directors’ Report | 48 |
Financial statements | 54 |
Notes to the consolidated financial statements | 61 |
Summary of significant accounting policies | 62 |
Significant accounting estimates and judgements | 71 |
Revenue | 72 |
Expenses | 72 |
Income tax expense/(benefit) | 73 |
Current assets – Cash and cash equivalents | 75 |
Current assets – Trade and other receivables | 76 |
Current assets – Inventories | 77 |
Current assets – Alliance partner deposits | 77 |
Current assets – Other current assets | 78 |
Derivative financial instruments | 78 |
Current assets – Current tax receivables | 79 |
Non-current assets – Alliance partner deposits | 79 |
Non-current assets – Property, plant and equipment | 80 |
Non-current assets – Deferred tax assets | 83 |
Non-current assets – Intangible assets | 84 |
Current liabilities – Trade and other payables | 85 |
Current liabilities – Interest bearing liabilities | 85 |
Current liabilities – Provisions | 86 |
Current liabilities – Deferred income government grants | 87 |
Current liabilities – Finance lease | 87 |
Non-current liabilities – Interest bearing liabilities | 87 |
Non-current liabilities – Deferred income government grants | 88 |
Non-current liabilities – Finance lease | 88 |
Non-current liabilities – Deferred tax liabilities | 88 |
Non-current liabilities – Provisions | 89 |
Non-current liabilities – Defined benefit plans | 89 |
Contributed equity | 92 |
Reserves and retained earnings | 93 |
Financial risk management | 94 |
Directors and Key Management Personnel disclosures | 100 |
Remuneration of auditors | 101 |
Contingencies | 101 |
Commitments | 102 |
Related party disclosures | 104 |
Subsidiaries | 104 |
Economic dependency | 104 |
Significant events after the balance date | 105 |
Reconciliation of profit after income tax to net cash inflow from operating activities | 105 |
Parent entity financial information | 106 |
Auditor’s Independence Declaration | 53 |
Directors’ Declaration | 107 |
Independent Auditor’s Report | 108 |
Compliance Index | 110 |