Telstra 2008 Annual Report Download - page 218

Telstra Corporation Limited and controlled entities
215
Notes to the Financial Statements (continued)
(f) Other disclosures for jointly controlled and associated entities
(continued)
Summarised presentation of all of our jointly controlled and
associated entities’ assets, liabilities, revenue and expense items
(including jointly controlled and associated entities where equity
accounting has been suspended):
26. Investments in jointly controlled and associated entities (continued)
Jointly controlled
entities Associated entities
Telstra Group Telstra Group
Year ended/As at Year ended/As at
30 June 30 June
2008 2007 2008 2007
$m $m $m $m
Current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 386 494 69 85
Non current assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 943 754 278 289
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,329 1,248 347 374
Current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,142 1,011 92 42
Non current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 677 675 426 505
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,819 1,686 518 547
Net assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (490) (438) (171) (173)
Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,957 3,608 95 99
Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,798 3,583 121 130
Profit/(loss) before income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159 25 (26) (31)
Income tax (benefit)/expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) 1-(1)
Profit/(loss) for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161 24 (26) (30)
Summarised presentation of our share of all our jointly controlled and associated
entities revenue and expense items (including jointly controlled and associated
entities where equity accounting has been suspended):
Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,292 2,082 45 47
Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,214 2,068 57 61
Profit/(loss) before income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 14 (12) (14)
Income tax (benefit)/expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1) --(1)
Profit/(loss) for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 14 (12) (13)