AMALGAMATED HOLDINGS LIMITED
AND ITS CONTROLLED ENTITIES
FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2007
CONTENTS
Directors’ Report 26 20. Other non-current assets 78
Lead Auditor’s Independence Declaration 45 21. Payables 78
Income Statements 46 22. Interest bearing liabilities and borrowings 78
Balance Sheets 47 23. Financing arrangements 79
Statements of Changes in Equity 48 24. Provisions 80
Statements of Cash Flows 49 25. Other liabilities 81
Notes to the Financial Statements 26. Share capital 81
1. Significant accounting policies 50 27. Reserves and retained earnings 82
2. Segment reporting 57 28. Additional financial instruments disclosure 84
3. Revenue and other income 62 29. Employee benefits 89
4. Profit before income tax 63 30. Commitments and leases 91
5. Discontinued operations 65 31.
Contingent assets and liabilities 93
6. Auditors’ remuneration 66 32.
Deed of cross guarantee 94
7.
Taxation 67 33. Acquisition and disposal of businesses
and subsidiaries 96
8. Dividends
70
34.
Particulars in relation to consolidated
9. Earnings per share
71
entities
97
10.
Cash and cash equivalents 71
35.
Investments in associates 98
11.
Receivables 71
36.
Investments in partnerships
101
12.
Inventories 72
37.
Director and executive disclosures
102
13.
Other current assets 72
38.
Related parties
107
14.
Other financial assets 72
39.
Reconciliation of cash flows from
15.
Available-for-sale financial assets 72 operating activities 108
16.
Investments accounted for using 40. Events subsequent to reporting date 108
the equity method 72
Directors’ Declaration
109
17.
Property, plant and equipment 72
Independent Auditor’s Report
110
18.
Investment properties 76
ASX Additional Information
111
19.
Goodwill and other intangible assets 76
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