Telstra 2007 Annual Report Download - page 262

Telstra Corporation Limited and controlled entities
259
This directors’ declaration is required by the Corporations Act 2001 of
Aust ralia.
The directors of Telstra Corporation Limited have made a resolution
that declared:
For and on behalf of the board
Directors’ Declaration
(a) the financial statements, not es and additional disclosures
included in the Directors’ Report designated as audited, of the
Telstra Entity and the Telstra Group set out on pages 114 to 258 of
Telstra Corporation Limited and the Telstra Group:
(i) comply with the Accounting Standards and Corporations
Regulations;
(ii) give a true and fair view of the financial posit ion as at 30 June
2007 and performance, as represented by the results of the
operations and cash flows, for the year ended 30 June 2007; and
(iii) in the directors’ opinion, have been made out in accordance
with the Corporations Act 2001.
(b) they have received declarations as required by S.295A of the
Corporations Act 2001;
(c) at the date of this declaration, in the directors’ opinion, there are
reasonable grounds to believe t hat Telstra Corporation Limited
will be able to pay its debt s as and when they become due and
payable in Australia; and
(d) at the date of this declaration there are reasonable grounds to
believe that the members of the extended closed group identified
in note 29(a) to the full financial statements, as parties to a Deed
of Cross Guarantee, will be able to meet any obligat ions or
liabilit ies to which they are, or may become subject to, under the
Deed of Cross Guarantee described in note 29(a).
Donald G McGauchie
Chairman
Date: 9 August 2007
Sydney, Australia
Solomon D Trujillo
Chief Executive Officer and
Executive Director