by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Whitehaven Coal Limited : Annual Report 2012
Whitehaven Coal Limited -- Annual Report 2012 101 NOTES TO THE FINANCIAL STATEMENTS 30 JUNE 2012 6. SEGMENT REPORTING a) Identification of reportable segments The Group has identified its operating segments based on the internal reports that are reviewed and used by the executive management team (the chief operating decision makers) in assessing performance and in determining the allocation of resources. The operating segments are identified by management based on 'operations at individual mine sites'. Discrete financial information about each of these operating segments is reported to the executive management team on at least a monthly basis. The reportable segments are based on aggregated operating segments determined by mining operations. The Group has determined that it has two reportable segments: Open Cut Operations and Underground Operations. The following table represents revenue and profit information for reportable segments for the years ended 30 June 2012 and 30 June 2011. The Group's financing (including finance costs and finance income), depreciation and income taxes are managed on a group basis and are not allocated to reportable segments. In thousands of AUD Open cut operations Underground operations Total Year ended 30 June 2012 Revenue Sales to external customers 621,093 25,337 646,430 Total segment revenue 621,093 25,337 646,430 Capitalisation of Narrabri development production revenue (25,337) Difference in treatment of foreign exchange on hedges (3,006) Total revenue per statement of comprehensive income 618,087 Result Segment result 150,690 -- 150,690 Depreciation and amortisation (39,674) Income tax expense (excluding significant items) (37,270) Significant items after income tax 4,758 Net interest expense (15,965) Net profit after tax per statement of comprehensive income 62,539 Capital expenditure for the year amounted to $64,191,000 for open cut operations and $54,766,000 for underground operations.
Annual Report 2011
Annual Report 2013