Annual Report

b) Analysis of non-regular items excluded from segment results

Attributable to:

Before

tax

Tax

After

tax

Non-

controlling

interest

Members

$’000

Year ended 31 July 2016

Gain on disposal of equity investments

16,501

(4,788)

11,713

–

11,713

Loss on initial recognition of an associate

(1,682)

–

(1,682)

–

(1,682)

Gain on deemed disposal of associates

118,850

(35,532)

83,318

–

83,318

Gain on disposal of associate

2,127

(638)

1,489

–

1,489

Impairment (expense) of assets

(116,539)

43,627

(72,912)

(11,009)

(61,903)

Share of significant (expenses) from associate entities

(29,834)

–

(29,834)

–

(29,834)

Deferred tax recognised on equity accounted associate entities

–

(20,900)

–

(20,900)

Acquisition costs expensed

(45,604)

13,681

(31,923)

(12,881)

(19,042)

Land access compensation

5,000

–

5,000

2,018

2,982

Significant tax items

–

6,413

–

6,413

Other

(469)

114

(355)

–

(355)

Total non-regular items

(51,650)

1,977

(49,673)

(21,872)

(27,801)

Year ended 31 July 2015

Gain on disposal of equity investments

3,408

(534)

2,874

464

2,410

Gain on deemed disposal of associates

2,076

(626)

1,450

–

1,450

Impairment reversal on equity accounted associate

72,947

–

72,947

–

72,947

Impairment (expense) of assets

(196,748)

49,960

(146,788)

(30,805)

(115,983)

Share of significant (expenses) from associate entities

(23,391)

–

(23,391)

–

(23,391)

Deferred tax recognised on equity accounted associate entities

–

(13,902)

–

(13,902)

Restructuring costs

(1,291)

(1,217)

–

(1,217)

Consulting and legal costs

(325)

(227)

–

(227)

Other

(1,162)

–

(1,162)

–

(1,162)

Total non-regular items

(144,486)

35,070

(109,416)

(30,341)

(79,075)*

* The results for 2015 has been restated by transferring expenses of $5.956 million from regular profit to non-regular items following a reallocation by an Associated Entity.