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on 10-04-2013 08:56 AM
Ammo???? ....if anybody is looking for ammunition then check out ASPs 2012 annual report
2012 AP financial report shows that in some areas it is already profitable
I just posted this info on the powersellers board and thought other sellers may be able to use some of the info if they intend contacting their local politician
re
the discriminatory state of trade that exists for Australian internet sellers and requires government intervention to be fixed
Our statutory profit before tax achieved double‑digit growth, up $34.4 million to $366.7 million, and our underlying trading profit returned the strongest result since the global financial crisis in 2008.
Our post‑tax profit of $281.2 million (which is $40 million higher than last year)
underpinned a higher dividend of $213.7 million to be declared to the Australian Government. We’ve grown the value of our shareholder’s investment achieving a return on equity of 18.7 per cent.
link to 2012 financial report here
http://auspost.com.au/annualreport2012/assets/downloads/AusPost_AR12_Financial_statutory_reports.pdf
pdf page 44 and 45
page 92 2012 financial report..its well hidden but not that well hidden
Regulated mail
Regulated mail is comprised of the collection, processing and distribution of domestic letters defined as reserved by the
Australia Postal Corporation Act 1989
and the processing and distribution of international inbound letters and packets (< 2kg) in
accordance with the arrangements of the Universal Postal Union (UPU) (where Australia Post has been nominated by the
Australian Government to fulfil its obligations in Australia).
page 93 AP 2012 financial report
Result
– Regulated mail segment result millions (148.1) (148.1) (36.8) (184.9)
ie Australia post lost almost 185 million dollars last year delivering domestic letters, international letters and international "small packets under 2kgs" last year
but still made $281 million dollars profit after tax
http://www.youtube.com/watch?feature=player_embedded&v=TirkkbH4TL8