BRISCONNECTIONS UNITS TRUSTS 
By investor
UPDATEJanuary 2012
Construction progress
Quarter to 31 December 2011 | Total to date | Estimated at project completion | |
Project % complete(2) | 5.16 | 94.92 | 100 |
Total construction project spend - Airportlink, Northern Busway and Airport Roundabout Upgrade | $213,254,871(1) | $3,921,539,809(2) | $4,131,402,778 |
Hours worked(3) | 2.412 million | 25.387 million | n/a |
Tolling system | Factory acceptance testing | Tolling system operating |
(1)This is based on actual payments made in period and does not include payment for December period, which is to be made in month following -January 2012. (2) This is based on actual payments to 29 January 2012.
(3) To 16 December 2011.
Airportlink has now entered the countdown to commencement of
operations in mid 2012.
Our activities in tolling, customer services and marketing
continue including recruitment of operational staff and
testing of systems to ensure we are ready to welcome traffic
on Airportlink from mid 2012.
There is now less than 6 months to go until Airportlink will
revolutionise the way motorists move around Brisbane,
reducing traffic congestion and significantly improving
travel times. Airportlink will cut peak travel times by up to
88% on some journeys, saving more than 20 minutes for
motorists who travel from the city to Brisbane airport.
Project expenditure approximated $3.922 billion to December
2011 (including December claim paid in January 2012) and
represented almost 95% of the construction cost. Across the
three projects the expenditure is as follows:
smarter ways to move
investor
UPDATEJanuary 2012
Quick Economic Facts
• The RBA reduced interest rates for the second consecutive monthin December 2011 and the cash rate was declined to
4.25%. The latest decrease announced on 6 December 2011 has
been fully passed on by the Banks to mortgage holders. The
outlook for interest rates is for further reductions in
the
first half of 2012. However, with European economies showing
sharp reductions in growth and a still unstable political and
economic outlook, global growth forecasts have been reduced.
• September 2011 quarter annual accounts showed strong growth with GDP up 1.0% in the quarter and up 2.5% year on year; domestic demand up 2.1%; business investment
contributed 2.1 percentage points to growth, with
non-dwelling construction up 24% and machinery and equipment
up 6%;
household consumption up 1.2% in the quarter, contributing
• Trend estimates for total number of dwelling units approved in Queensland have now fallen in each of the 5 months to November 2011. The decline in November was 4.2% and the November number was 15.49% lower than the most recent high reached in June 2011. It should also be noted that the
annual rate of decline rose to 22.1% from the October outcome of 18.2%.
Airportlink. Cutting travel times from the Airport to South Bank.
South Bank is a leading
0.7pps to the September quarter GDP; and dwelling
investment up 0.9%, while public spending, inventories and
net exports all detracted from growth as expected.
• From a Queensland perspective, year on year State Final Demand grew at 9.3% and adjusted for net goods exports still a strong 5.4%.
• Retail sales data for November 2011 continued to show the
destination for business and investment, major events
and international education.
A number of significant milestones for the South Bank
precinct will be marked in 2012 with the completion of the
Brisbane Convention and Exhibition
• Avoid up to 18 sets of traffic
lights
• Airport or northern suburbs to South Bank in under 25 minutes
• Connect directly to and from South Bank, Brisbane Airport and the northern suburbs
trend in recovery in the consumer market in Queensland. Trend retail sales have grown for 12 consecutive months with November sales up 3.71% on November 2010.
• Trend employment growth in Queensland continues to expand slowly. December 2011 saw total employment rise marginally
to 2.3484 million persons, while the trend unemployment rate
was steady at 5.6%, slightly down on its current cycle peak
of
5.7%. In the past 3 years, full time employment has risen
by
50,800 persons, and total employment by 91,200 persons. In
the last 12 months, full time employment rose by 22,300,
while total employment rose 16,400, so employment growth has
slowed, particularly part time.
• Trend new motor vehicles sales in Queensland is strong. In the quarter ended December 2011, trend new motor sales rose by
9.9% over the previous comparable period.
• Brisbane Airport, a key destination for Airportlink, continues to grow steadily with total passenger movements up 3% in the half year ended December 2011 on the same period a year earlier. International passenger growth was a robust 4.5% in the same period.
Centre extensions and the ABC's head office and the opening
of
Airportlink.
As a consequence Airportlink will become a major asset to
visitors and businesses in the precinct. Once open, motorists
will connect directly from Brisbane's northern suburbs or the
airport via Airportlink, the ICB and the Go Between Bridge to
arrive in South Bank in under 25 minutes.
Travel to and from South Bank hotels, restaurants,
exhibitions and conventions will be so much easier making
South Bank one of the most accessible cultural and
entertainment hubs in Australia.
Airportlink is the missing link in Brisbane's road network.
When it opens in mid 2012, it will improve the lives of
thousands of Brisbane motorists who battle congestion and
delays each day.
A road revolution is coming. To drive Airportlink before it is real, visit airportlinkM7.com.au.
smarter ways to move
Appendix 4C Quarterly report for entities
admitted on the basis of commitments
Appendix 4C Quarterly report for entities admitted on the basis of commitmentsIntroduced 31/3/2000. Amended 30/9/2001, 24/10/2005.
Rule 4.7B
Name of entity
BRISCONNECTIONS UNIT TRUSTS (comprising BrisConnections Investment Trust ARSN 131
124 813 and BrisConnections Holding Trust ARSN 131 125 025)
ABN Quarter ended ("current quarter")
67 128 614 291 31 December 2011
Consolidated statement of cash flows
Cash flows related to operating activities
1.1 Receipts from customers
1.2 Payments for (a) staff costs
(b) advertising and marketing (c) research and development (d) leased assets
(e) other working capital
1.3 Dividends received
1.4 Interest and other items of a similar nature received
1.5 Interest and other costs of finance paid
1.6 Income taxes paid
1.7 Other (provide details if material) - GST
Net operating cash flows
+ See chapter 19 for defined terms.
24/01/2012 Appendix 4C Page 1
Appendix 4C
Quarterly report for entities
admitted on the basis of commitments
Current quarter $A'000 | Year to date (6 months) $A'000 | |||||||||||||||||||||||||||||
1.8 Net operating cash flows (carried forward) | (67,674) | (127,601) | ||||||||||||||||||||||||||||
Cash flows related to investing activities 1.9 Payment for acquisition of: (a) businesses (item 5) (b) equity investments (c) intellectual property (d) physical non Share
© Publicnow - 2012
|
