INCOME

STATEMENT

_Telstra Financial Report 2015

For the year ended 30 June 2015

Telstra Group
Year ended 30 June
2015
2014
Note
$m
$m
Continuing operations
Income
Revenue (excluding finance income)

26,023

Other income

584

25,320
976

26,607

26,296

Expenses
Labour

4,921

4,732

Goods and services purchased

6,847

6,465

Other expenses

4,113

3,988

15,881

15,185

Share of net profit from joint ventures and associated entities

26

Earnings before interest, income tax expense, depreciation and amortisation (EBITDA)
Depreciation and amortisation

Earnings before interest and income tax expense (EBIT)

19

24

15,862

15,161

10,745

11,135

3,983

3,950

6,762

7,185

Finance income

157

156

Finance costs

846

1,113

689

957

6,073

6,228

Net finance costs

Profit before income tax expense
Income tax expense

Profit for the year from continuing operations

1,787

1,679

4,286

4,549

Discontinued operation
Profit/(loss) for the year from discontinued operation

12

Profit for the year from continuing and discontinued operations

19

(204)

4,305

4,345

4,231

4,275

74

70

4,305

4,345

cents

cents
36.1

Attributable to
Equity holders of Telstra Entity
Non-controlling interests

Earnings per share from continuing operations (cents per share)

Basic

34.3

Diluted

34.3

36.0

34.5

34.4

34.5

34.3

Earnings per share (cents per share)

Basic
Diluted
The notes following the financial statements form part of the financial report.

Telstra Corporation Limited and controlled entities

71

STATEMENT OF
FINANCIAL POSITION

_Telstra Financial Report 2015

As at 30 June 2015

Note
Current assets
Cash and cash equivalents
Trade and other receivables
Inventories
Derivative financial assets
Current tax receivables
Prepayments
Assets classified as held for sale
Total current assets
Non current assets
Trade and other receivables
Inventories
Investments - accounted for using the equity method
Investments - other
Property, plant and equipment
Intangible assets
Derivative financial assets
Deferred tax assets
Defined benefit asset
Total non current assets
Total assets
Current liabilities
Trade and other payables
Provisions
Borrowings
Derivative financial liabilities
Current tax payables
Revenue received in advance
Liabilities classified as held for sale
Total current liabilities
Non current liabilities
Other payables
Provisions
Borrowings
Derivative financial liabilities
Deferred tax liabilities
Defined benefit liability
Revenue received in advance
Total non current liabilities
Total liabilities
Net assets
Equity
Share capital
Reserves
Retained profits
Equity available to Telstra Entity shareholders
Non-controlling interests
Total equity

Telstra Group
As at 30 June
2015
2014
$m
$m

20
10
11
17

1,396
4,721
491
7
9
346
6,970

5,527
4,172
362
23
2
329
23
10,438

10
11
26

1,171
32
201
137
20,450
9,332
1,790
66
296
33,475
40,445

973
29
196
127
19,842
6,382
1,322
7
44
28,922
39,360

15
16
17
17

4,045
970
1,496
214
291
1,113
8,129

3,834
932
2,277
400
296
926
19
8,684

15
16
17
17
9
24

74
284
14,138
911
1,558
4
837
17,806
25,935
14,510

66
261
13,547
1,169
1,286
387
16,716
25,400
13,960

19

5,198
372
8,533
14,103
407
14,510

5,719
(228)
8,331
13,822
138
13,960

13
14
17
9
24

The notes following the financial statements form part of the financial report.

Telstra Corporation Limited and controlled entities

73