Who is APA?
APA comprises of two trusts, Australian Pipeline Trust (APT) and APT Investment Trust (APTIT) which are registered managed investment schemes regulated by the Corporations Act. Units in APT are "stapled" to units in APTIT on a one to one basis to form a single APA Group stapled security which is listed on the ASX (ASX Code: APA). APA Group is Australia’s leading gas transportation company with interests in over 14,000km of natural gas pipeline infrastructure across Australia, over 25,00km of gas distribution networks, wind farms and gas storage facilities.
APA manages and operates all its assets and also provides management and operation services to its energy investment, including gas distribution and transmission company, Envestra.
Additional information about APA, such as Announcements, Results and Presentations can also be found in the Investor Centre section or on the ASX website (code APA).
What are APA’s principal activities?
The principal activities of APA are the ownership and operation of energy infrastructure, including:
- Gas transmission and distribution businesses and investments located across Australia. Click here for Energy Infratsructure.
- Investments in energy infrastructure entities. Click here for Energy Investments.
- Asset management and operations services for its energy investments, including all Envestra assets. Click here for Asset Management.
It derives its reliable and predictable revenue stream through a mix of regulated returns and negotiated revenue contracts. APA owns and operates assets in each mainland state and territory.
What are APA’s current development activities?
APA has a portfolio of gas transmission and distribution assets across the country. These assets deliver gas from all major gas production areas to all major markets. With the increasing use of gas in Australia, APA as expanded its infrastructure to meet this demand.
Some of APA’s key projects that have commenced, continued or completed:
- Expansion of the Goldfields Gas Pipeline in Western Australia through additional compression.
- Expanded compression capacity at Moomba in South Australia to increase capacity on the South West Queensland Pipeline as well as compression expansion at Wallumbilla in Queensland.
- Expansion of the Mondarra Gas Storage Facility in Western Australia.
- Joint development of a 242 MW combined-cycle gas-fired power station with an additional 60 MW open-cycle capacity in Mount Isa, Queensland.
- More information can be found on the APA website Asset Map.
If I have any questions about my securityholding or my Australian entitlements, who do I contact?
How can I give notification of my Tax File Number (TFN)?
Advice of TFNs can be made over the phone or in writing to Link Market Services. You may choose not to provide your TFN, but if you are an Australian tax resident individual and you do not provide your TFN, distributions to you that are assessable income will have income tax deducted from them at the highest marginal rate.
Can you tell me more about the tax applied to my securities?
When will I receive my distributions?
Distributions by APA will be paid semi-annually in March and September.
What is my investment worth?
The value of your investment with APA can be determined by multiplying the number of securities held by the current security price. The number of securities can be found on your latest holding statement. Share price information is available on the APA Security Price chart or on the ASX website: www.asx.com.au
Can I elect to have my distributions paid directly into my bank account?
Yes, by notifying the APA's Security Registry (Link Market Services Limited) in writing and including;
- your Securityholder Reference Number (SRN) or Chess Holder Identification Number (HIN). These can be found on your latest holding statement
- your full name and address
- all securityholders signatures
- banking details, including your bank, branch and account numbers.
Will annual financial results be posted on this website?
Full year and half-year results have been posted on this website. You can view our financial previous results by clicking into Investor Centre.
Where can I obtain a copy of the annual report?
When will I receive my annual tax statement?
You will receive your annual tax statement with your final distribution on 15 September. This will set out all the tax components required for you to complete your income tax return. APA will also provide a Tax Guide to assist you in preparing your income tax return.
How do I complete my tax return?
You should refer to your APA Group Annual Tax Statement and the APA Tax Guide when preparing your income tax return.
Distribution components from APT and APTIT must be separately disclosed in your income tax return. An APTIT distribution comprises both taxable trust income and tax deferred amounts. An APT distribution is an unfranked dividend for tax purposes.
Can I complete my tax return now (before I receive the annual tax statement)?
The tax components of APA distributions for the financial year will be disclosed in the annual tax statement mailed with your final distribution expected to be mid September.
You may do the annual tax calculation yourself but all necessary information will be included in the annual tax statement mailed to you. This means you will be able to complete your tax return in September after you receive your tax statement. Generally income tax returns for individuals are only due at the end of October. APA will also provide a Tax Guide to assist you in preparing your income tax return.
Why can’t my tax statement be prepared earlier?
The actual amount of the final distribution is determined with the audited Full Year results. Tax components are also determined at this time.
This is consistent with other similarly structured stapled trust securities.