1、Australias leading energy transporterAnnual Report 2006Focused performanceCorporate Review 20061 Quality Assets Chairmans Report4 Managing Directors Report8 Asset Overview1 Board of Directors14 Management Team16 Sponsorships Annual Financial Report 2006 18 Corporate Governance Statement 5 Directors
2、Report 44 Income Statement 45 Balance Sheet 46 Statement of Changes in Equity 48 Cash Flow Statement 49 Notes to the Financial Statements 93 Directors Declaration 94 Auditors Independence Declaration 95 Independent Audit Report 96 Additional Stock Exchange Information 97 Unitholder Information 99 Gl
3、ossary of Terms and Abbreviations 100 Financial Calendar and DirectoryFront Cover Images:L to RRow 1 Compressor Aftercooler at Bulla Park(MSP),Right of Way(PGP)Row Mondarra Gas Storage Well,Aerial View of Compressors(Kogan North)Row 3 Cooling System and AC to DC Converter Stack,Red Cliffs,Pipe work
4、at Paraburdoo Compressor Station(CGT)Row 4 Aerial View of Red Cliffs,TiWest Delivery Station(PGP)Photo above:Red Cliffs High Voltage Transformer(Murraylink)3Solid Delivery2006 Key Operating HighlightsTotal Revenue Before Significant ItemsTotal AssetsNet Profit After Tax Before Significant ItemsCash
5、Flow OperatingTotal EquityDistributions20062005$m2004200305010015020025030035020062005$m2004200320062005$m200420030102030405060702002200620052004200302040608010012020022005$m20042003010020030040050060070020062005cpu200420030510152025Cash fow per unit(cents)Cash fow operating($m)ProftCapital200605001
6、0001500200025002002200220022002 4.4%increase in pipeline transportation revenue;1%increase in EBITDA;Part year revenue contribution from Murraylink and Kogan North;Reduced operating costs achieved primarily through the integration of APAs Western Australian Gas Business and reduction in fees payable