2013 AnnuAl RepoRt - Australian Grand Prix
2013 AnnuAl RepoRt - Australian Grand Prix
2013 AnnuAl RepoRt - Australian Grand Prix
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Comprehensive Operating StatementFor the Financial Year Ended 30 June <strong>2013</strong>Notes <strong>2013</strong> 2012$000’s$000’sIncome from transactionsFormula One <strong>Grand</strong> <strong>Prix</strong> 98,401 91,118Motorcycle <strong>Grand</strong> <strong>Prix</strong> 15,942 12,863Future <strong>Grand</strong>s <strong>Prix</strong> 7,258 6,480Total income from transactions 2 121,601 110,461Expenses from transactionsFormula One <strong>Grand</strong> <strong>Prix</strong> (94,141) (99,465)Motorcycle <strong>Grand</strong> <strong>Prix</strong> (19,042) (15,705)Future <strong>Grand</strong>s <strong>Prix</strong> (592) -Total expenses from transactions 2,3 (113,775) (115,170)Net result from transactions (Net operatingbalance) 7,826 (4,709)Other economic flows included in net resultNet gain/(loss) on financial instruments (6,974) 1,454Net gain/(loss) on sale of non-financial assets 184 (268)Total other economic flows included in net result 2,3,7 (6,790) 1,186Net Result 1,036 (3,523)Other non-owner changes in EquityTransfer to cash flow hedge reserve 15 10,764 3,720Transfer(from) asset revaluation reserve 15 - (133)Comprehensive Result 11,800 64The comprehensive operating statement is to be read in conjunction with the notes to andforming part of the financial statements set out in pages 30 to 65<strong>Australian</strong> <strong>Grand</strong> <strong>Prix</strong> Corporation Annual Report <strong>2013</strong>26 26
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