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1、ANNUALREPORTTEN2OYEARS OF DELIVERING VALUE AND GROWTHAPA GROUP ANNUAL REPORT 2010 Online Annual Review and Annual Report This document and further information about APAs financial performance,including details contained in the Annual Report,are available at .auCONTENTAUSTRALIAN PIPELINE TRUST AND IT
2、S CONTROLLED ENTITIES2 DIRECTORS REPORT26 CORPORATE GOvERNANCE STATEmENT 35 STATEmENT Of COmPREhENSIvE INCOmE36 STATEmENT Of fINANCIAL POSITION38 STATEmENT Of ChANGES IN EqUITy40 STATEmENT Of CASh fLOwS41 NOTES TO ThE fINANCIAL STATEmENTS107 DECLARATION by ThE DIRECTORS108 AUDITORS INDEPENDENCE DECL
3、ARATION109 INDEPENDENT AUDITORS REPORTAPT INvESTmENT TRUST AND ITS CONTROLLED ENTITIES112 DIRECTORS REPORT 115 STATEmENT Of COmPREhENSIvE INCOmE116 STATEmENT Of fINANCIAL POSITION117 STATEmENT Of ChANGES IN EqUITy118 STATEmENT Of CASh fLOwS119 NOTES TO ThE fINANCIAL STATEmENTS140 DECLARATION by ThE
4、DIRECTORS141 AUDITORS INDEPENDENCE DECLARATION142 INDEPENDENT AUDITORS REPORT144 ADDITIONAL INfORmATIONfront cover:APA Groups delivery point for gas into the Uranquinty Power Station,New South wales Inside cover:Culcairn compressor station and New South wales to victoria interconnectInside back cove
5、r:Culcairn compressor station and New South wales to victoria interconnectAPA annual report 20101AUSTRALIAN PIPELINE TRUST AND ITS CONTROLLED ENTITIESARSN 091 678 778APA annual report 20102DIRECTORS REPORT AuSTRALIAN pIpELINE TRuST AND ITS CONTROLLED ENTITIESThe directors of Australian Pipeline Limi
6、ted(“Responsible Entity”)submit their report and the annual financial report of Australian Pipeline Trust(“APT”)and its controlled entities(together“APA”or“Consolidated Entity”)for the financial year ended 30 June 2010.This report refers to the consolidated results of APT and APT Investment Trust(“A