[Question] This is the part of the annual report.
Did they satisfy the disclosure requirements for PPEs as
per AASB 116? Crytically analyse it.
Disclosure In addition to required statutory disclosures. Qantas chooses to disclose the full value of each year's STIP award (in years where the STIP award is made), disclosing both: - The value of cash awards made - The full value of restricted shares that were awarded (notwithstanding that these shares are still subject to a 2-year deferral period).
Disclosure In addition to the required statutory disclosures, Qantas chooses to disclose the full value of LTIP awards that vest during the year, disclosing the value of the LTIP awards based on the share price at the end of the performance period.
Statutory Remuneration Disclosures The statutory remuneration disclosures for the CEO are prepared in accordance with Australian Accounting Standards. The statutory disclosures differ from the remuneration outcomes for the CEO due to the accounting treatment of share-based payments for the STIP and LTIP. 2021 $'000 1,778 2020 $'000 1,606 CEO Statutory Remuneration Base Pay (cash) STIP-cash bonus STIP-share-based LTIP Other Total 237 3,072 201 5,288 603 2,411 138 4,758
Disclosure In addition to required statutory disclosures. Qantas chooses to disclose the full value of each year's STIP
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Disclosure In addition to required statutory disclosures. Qantas chooses to disclose the full value of each year's STIP
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