Telstra 2011 Annual Report Download - page 180
Download and view the complete annual report
Please find page 180 of the 2011 Telstra annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184 -
185 -
186 -
187 -
188 -
189 -
190 -
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
 |
 |
Telstra Corporation Limited and controlled entities
165
Notes to the Financial Statements (continued)
Description of our operating leases
We have operating leases for the following types of assets:
• rental of land and buildings;
• rental of motor vehicles, caravan huts and trailers, mechanical
aids and heavy excavation equipment; and
• rental of personal computers, laptops, printers and other related
equipment that are used in non communications plant activities.
The weighted average lease term is:
• 6 years for land and buildings;
• 2 years for motor vehicles, 4 to 5 years for light commercial
vehicles, and 7 to 12 years for trucks and mechanical aids and
heavy excavation equipment; and
• 3 years for personal computers and related equipment.
The majority of our operating leases relate to land and buildings.
We have several subleases with total minimum lease payments of
$9 million (2010: $19 million) for the Telstra Group. Our property
operating leases generally contain escalation clauses, which are
fixed increases generally between 3% and 5%, or increases subject
to the consumer price index or market rate. We do not have any
significant purchase options.
* This includes the Telstra Entity capital expenditure commitments
of $415 million (2010: $578 million). Refer to note 30 for further
details.
22. Expenditure commitments
Telstra Group
As at 30 June
2011 2010
$m $m
(a) Capital expenditure commitments
Total capital expenditure commitments contracted for at balance date but not
recorded in the financial statements:
Property, plant and equipment commitments * . . . . . . . . . . . . . . . . . . . . . . . . . 426 622
Intangible assets commitments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 384
(b) Operating lease commitments
Future lease payments for non-cancellable operating leases not recorded in the
financial statements:
Within 1 year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 415 441
Within 1 to 5 years. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,162 1,079
After 5 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 960 781
2,537 2,301