ASX Limited (ASX) will be releasing its first Group (post ASX/SFE merger) consolidated accounts on 15 February 2007. ASX will be providing statutory accounts for the six months ending 31 December 2006. To aid investors and analysts in assessing ASX’s financial performance, ASX will also be providing a non-statutory, pro-forma, income statement. The pro-forma income statement will not be audited, but will be based upon external auditor reviewed accounts. It will reflect Group performance for the six months to 31 December 2005, the six months to 30 June 2006 and the six months to 31 December 2006. The pro-forma income statement will be presented as if the two companies (ASX and SFE) were one during these periods. Please click here to view the pro-forma income statement template.
Although the ASX/SFE merger was effected on 11 July 2006, the pro-forma income statement is for the full six-month period to 31 December 2006. ASX’s statutory income statement will reflect the 11 day adjustment and a reconciliation between the non-statutory and statutory income statement will be provided. Additionally:
- There were no material changes to accounting policies as a consequence of the merger.
- There have been some minor changes to classifications within some revenue and expense items. These changes are described in detail on the following pages. All comparatives reflect a consistent application of these changes.
