NOTE 18
PARENT ENTITY FINANCIAL INFORMATION
(a) Summary financial information
The individual financial statements for the Parent entity (Australian Rail Track Corporation Limited)
show the following aggregate amounts:
2015
$’000
2014
$’000
Balance sheet
Current assets
408,010
209,569
Non-current assets
4,833,621
4,873,254
Total assets
5,241,631
5,082,823
Current liabilities
434,170
465,348
Non-current liabilities
1,207,568
1,056,062
Total liabilities
1,641,738
1,521,410
Net assets
3,599,893
3,561,413
Shareholders’ equity
Contributed equity
2,603,226
2,603,226
Reserves
1,134,895
1,100,093
Retained earnings
(138,228)
(141,906)
Capital and reserves attributable to owners of
Australian Rail Track Corporation Ltd
3,599,893
3,561,413
Total revenue and other income
858,101
779,313
Total expenses
(626,549)
(539,264)
Finance costs
(43,518)
(51,071)
Income tax (expense)/benefit
(53,436)
(25,335)
Profit/(Loss) for the year
134,598
163,643
Other comprehensive income, net of tax
(Devaluation)/revaluation property plant and equipment
(43,695)
(20,369)
Re-measurement gains/(losses) on defined benefit fund obligations
3,678
(1,501)
Cash flow hedge charged to equity - foreign exchange
-
(22)
Cash flow hedge charged to equity - interest rate swap
1,277
3,426
Net changes in the fair value of cashflow hedges transferred to
profit and loss
22
(70)
Other comprehensive income for the year, net of tax
(38,718)
(18,536)
Total comprehensive income, net of tax
95,880
145,107
103
