Understanding our Statements
Australia Post's 1999-2000 financial statements enable readers to assess the Corporation's results for the year, its present financial position, its future outlook and the value of its assets. Comparable measures are provided for the previous year.
The Statement by Directors and the Auditor's Report are standard legal declarations which are required in all annual financial reports.
The 'Corporation' figures are for Post alone, while the 'Consolidated' figures include transactions that Post and its subsidiary companies (Sprintpak Pty Ltd, Geospend Pty Ltd and Postcorp Developments Pty Ltd) have had with third parties. All figures in these statements are rounded to the nearest one hundred thousand dollars.
The Profit and Loss Statement shows the income and running costs of the Corporation for the financial year.
The Balance Sheet provides information on Post's assets and liabilities and indicates the amount of the Commonwealth Government's investment at the end of the financial year.
Assets listed in the Balance Sheet as 'current' are likely to be converted to cash within the next twelve months. Liabilities that are 'current' are due and payable within twelve months. 'Non-current' refers to long-term assets or liabilities.
Equity is the Corporation's total capital plus profits which have been reinvested over the years. The Statement of Cash Flows shows the derivation of the Corporation's cash resources during the financial year and its cash outlays.
To gain a complete understanding of Post's 1998-99 results, the financial statements should be read in conjunction with the accompanying explanatory notes.
Download the Financials
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Financial and Statutory Report
To download the key financial and statutory reports of Australia Post 1999-2000, click on Part 1 and Part 2. |
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Statistical Summary
Click here to download a five year statistical summary of Australia Post. |
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Statutory Reporting Requirements
Click here to download the statutory reporting requirements for the Annual Report 1999/2000. |
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Community Service Obligations
Click here to download the Definition and requirements for Australia Post's Community Service Obligations. |
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