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Paper Topic:

INTERMEDIATE ACCOUNTING I

Where a provision is measured using the cash flows estimated to settle the present obligation , its carrying amount is the present value of those cash flows

Reference

WOW , Woolworths Ltd (2006 . Financial statements

Website : HYPERLINK "http /www .woolworths .com .au www .woolworths .com .au

Appendix

WOW , Woolworths Ltd - 2006 - Financial Statements

Financial Statements

Five Year Summary

INCOME STATEMENT

AIFRS AIFRS AGAAP AGAAP AGAAP AGAAP

2006 2005 2005 2004 2003 2002

Weeks 52 52 52 52 52 53 Sales m

Food and Liquor (1

) 28 ,063 .0 23 ,569 .6 23 ,569 .6 21 ,997 .6 21 ,039 .0 19 ,595 .0

Petrol 4 ,390 .4 3 ,308 .4 3 ,308 .4 2 ,194 .9 1 ,710 .5 1 ,119 .3 20 ,714 .3 BIG W 3 ,119 .1 2 ,908 .7 2 ,908 .7 2 ,717 .9 2 ,500 .3 2 ,280 .5

Consumer Electronics 1 ,167 .1 1 ,007 .5 1 ,007 .5 886 .3 791 .2 659 .0 2 ,939 .5 Hotels 849 .9 415 .8 415 .8 - - - 37 ,589 .5 31 ,210 .0 31 ,210 .0 27 ,796 .7 26 ,041 .0 23 ,653 .8

Wholesale 144 .7 142 .5 142 .5 137 .2 280 .4 819 .2 Earnings before interest and tax m

Food and Liquor (1 ) 1 ,394 .9 1 ,091 .5 1 ,077 .2 941 .7 825 .1 734 .7

Petrol 53 .1 36 .2 36 .3 18 .6 29 .9 12 .7 BIG W 123 .1 118 .3 118 .0 116 .2 103 .7 93 .5

Consumer Electronics 64 .0 54 .5 51 .8 44 .1 37 .0 28 .0 Hotels 151 .1 52 .8 54 .9 - - - 868 .9 Net property income 18 .3 21 .2 20 .3 21 .7 26 .6 34 .2

Head office overheads (84 .1 (74 .9...

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