Telstra 2007 Annual Report Download - page 179
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Telstra Corporation Limited and controlled entities
176
Notes to the Financial Statements (continued)
Movements in our share capital
21. Share capital (continued)
Telstra Group Telstra Entity
As at 30 June As at 30 June
2007 2006 2007 2006
Note $m $m $m $m
Share capital
Contributed equity
Opening and closing balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,793 5,793 5,793 5,793
Share loan to employees
Opening balance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (130) (154) (130) (154)
- amounts repaid on share loans provided to employees . . . . . . . . . . . . . . . . . . . 17 24 17 24
Closing balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (113) (130) (113) (130)
Shares held by employee share plan trusts
Opening balance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (99) (113) (99) (113)
- additional shares purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -(6) -(6)
- shares issued to employees under employee share plans. . . . . . . . . . . . . . . . . . 15 20 15 20
Closing balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (84) (99) (84) (99)
Net services received under employee share plans
Opening balance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 510 510
- share based payment expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 25 15 25 15
- shares issued to employees under employee share plans. . . . . . . . . . . . . . . . . . (15) (20) (15) (20)
Closing balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 515 5
5,611 5,569 5,611 5,569