3. Functional and presentation currency
The Company’s financial statements are presented in Australian dollars, which is the Company’s functional currency. The Company is of a kind referred to in ASIC legislative Instrument 2016/191 dated 1 April 2016 and, in accordance with the Legislative Instrument, amounts in the financial report and directors’ report have been rounded off to the nearest thousand dollars, unless otherwise stated.
Visit
https://www.transparency.gov.au/annual-reports/australian-naval-infrastructure-pty-ltd/reporting-year/2018-2019-55