Telstra 2007 Annual Report Download - page 216

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Telstra Corporation Limited and controlled entities
213
Notes to the Financial Statements (continued)
(i) Suspension of equity accounting
Our unrecognised share of (profits)/losses for the period and
cumulatively, for our entities where equity accounting has ceased and
the investment is recorded at zero due to losses made by these entities
and/or reductions in the equity accounted carrying amount, is shown
below:
Equity accounting has also been suspended for the following jointly
controlled and associated entities:
•TNAS Limited; and
• Telstra Super Pty Ltd.
There are no significant unrecognised profits/losses in these ent ities.
(*) FOXTEL includes the Foxtel Partnership, the Foxtel Television
Part nership, Customer Services Pty Limited, FOXTEL Management Pty
Limited and FOXTEL Cable Television Pty Ltd.
30. Investments in jointly controlled and associated entities (continued)
Tel st ra Group
Year ended 30 June
Period Cumulative Period Cum ul at ive
2007 2007 2006 2006
$m $m $m $m
Jointly controlled entities
FOXTEL (*) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (34) 83 (1) 117
Reach Ltd . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 595 (34) 575
Associated entities
Australia-Japan Cable Holdings Limited . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 153 36 143
(4) 831 1835