Telstra 2011 Annual Report Download - page 229

Telstra Corporation Limited and controlled entities
214
This directors’ declaration is required by the Corporations Act 2001
of Australia.
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 and notes of the Telstra Group set out
on pages 84 to 213:
(i) comply with the Accounting Standards applicable in
Australia, International Financial Reporting Standards and
Interpretations, and Corporations Regulations;
(ii) give a true and fair view of the financial position as at 30
June 2011 and performance, as represented by the results of
the operations and cash flows, for the year ended 30 June
2011; and
(iii) have been made out in accordance with the Corporations
Act 2001.
(b) they have received declarations as required by section 295A of
the Corporations Act 2001;
(c) at the date of this declaration, in the directors’ opinion, there
are reasonable grounds to believe that Telstra Corporation
Limited will be able to pay its debts 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 25(a) to the full financial statements, as
parties to a Deed of Cross Guarantee, will be able to meet any
obligations or liabilities to which they are, or may become
subject to, under the Deed of Cross Guarantee described in
note 25(a).
Catherine B Livingstone AO
Chairman
Date: 11 August 2011
Melbourne, Australia
David I Thodey
Chief Executive Officer and
Executive Director