Telstra 2000 Annual Report Download - page 34
Download and view the complete annual report
Please find page 34 of the 2000 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.
'LUHFWRUVUHSRUWFRQW
•7HOVWUDZLOOLQYHVWLQDLQWHUQHWGDWD
FHQWUHMRLQWYHQWXUH,'&&RZLWK3&&:
WKDWZLOOGHYHORSDQHWZRUNRILQWHUQHW
GDWDFHQWUHVWKURXJKRXW$VLD,'&&RZLOO
LQLWLDOO\IRFXVRQFRUHKRVWLQJVHUYLFHV
DQG
•7HOVWUDZLOOLQYHVW86ELOOLRQ$
ELOOLRQLQD3&&:FRQYHUWLEOHQRWHZKLFK
LVUHSD\DEOHWR7HOVWUDZLWKLQWHUHVWLI
UHGHHPHG7KHQRWHLVFRQYHUWLEOHLQWR
3&&:VKDUHV7KHFRQYHUWLEOHQRWHLV
WUDQVIHUDEOHDIWHUPRQWKV
7HOVWUDDQG3&&:H[SHFWWRVLJQWKHDOOLDQFH
GHILQLWLYHGRFXPHQWVODWHUWKLV\HDUDQGDUH
WDUJHWLQJFRPSOHWLRQE\WKHHQGRIWKLVFDOHQGDU
\HDU
•7KH7UXVWHHRIWKH7HOVWUD6XSHUDQQXDWLRQ
6FKHPHDQGWKH&RPPRQZHDOWKZKRKDG
JXDUDQWHHG7HOVWUDVSD\PHQWVKDYHDJUHHG
WRUHOHDVH7HOVWUDIURPLWV\HDUREOLJDWLRQ
XQGHUWKH7HOVWUD$GGLWLRQDO&RQWULEXWLRQV
7$&DJUHHPHQWWRFRQWULEXWHPLOOLRQ
SHUDQQXPWRWKH766WR-XQH7KLV
DJUHHPHQWZDVLQDGGLWLRQWRWKHHPSOR\HU
FRQWULEXWLRQVPDGHE\7HOVWUDWRWKH766$V
WKHVFKHPHLVLQVXUSOXVHPSOR\HU
FRQWULEXWLRQVWRWKH766KDYHEHHQ
VXVSHQGHGVLQFHILVFDO7KHHIIHFWRIWKH
UHOHDVHIURPWKH7$&RQ7HOVWUDZLOOEHWDNHQ
XSLQWKHILQDQFLDOVWDWHPHQWVLQWKHKDOI
\HDUHQGHG'HFHPEHU7KLVZLOO
UHVXOWLQDUHYHUVDORIWKHSURYLVLRQIRU7$&
REOLJDWLRQVWKDWDUHVKRZQLQWKHILQDQFLDO
VWDWHPHQWVDW-XQHDVDOLDELOLW\ZLWK
DQHWSUHVHQWYDOXHRIPLOOLRQ7KLVZLOO
EHVKRZQDVUHYHQXHRIPLOOLRQZLWK
LQFRPHWD[H[SHQVHDWRIPLOOLRQ
JLYLQJDQHWLPSDFWRIPLOOLRQ
•2XUVDOHRIVRPHRIRXULQWHUHVWLQ
&RPSXWHUVKDUH/LPLWHGLQ-XO\KDV
UHVXOWHGLQUHYHQXHRIPLOOLRQDQGD
SURILWEHIRUHWD[RIPLOOLRQWKDWZLOOEH
WDNHQXSLQWKHKDOI\HDUDFFRXQWVHQGHG
'HFHPEHU
•:HKDYHVLJQHGDWHUPVKHHWZLWK.H\FRUS
/LPLWHGWREXLOGDJOREDOIXOOVHUYLFHHQGWR
HQGLQWHUQHWSD\PHQWVHUYLFHSURYLVLRQ
EXVLQHVVLQZKLFKZHZLOOKROGDLQWHUHVW
IRUDFRVWRIDSSUR[LPDWHO\PLOOLRQ
'LYLGHQGV
,WLVRXUFXUUHQWSROLF\WRGHFODUHRUGLQDU\
GLYLGHQGVRIDWOHDVWRIRSHUDWLQJSURILW
DWWULEXWDEOHWRVKDUHKROGHUVVXEMHFWWRWDNLQJ
LQWRFRQVLGHUDWLRQDQXPEHURIFRPPHUFLDO
IDFWRUVLQFOXGLQJWKHLQWHUHVWVRIVKDUHKROGHUV
FDVKUHTXLUHPHQWVIRUIXWXUHFDSLWDOH[SHQGLWXUHV
DQGLQYHVWPHQWVDVZHOODVUHOHYDQWLQGXVWU\
SUDFWLFH+RZHYHULQGHWHUPLQLQJWKHGLYLGHQGV
GHFODUHGIURPHDUQLQJVIRUWKH\HDUHQGLQJ
-XQHZHZLOOH[FOXGHWKH|RQFHRII}ERRN
SURILWVWKDWZLOODULVHIURP
•DQ\SURILWUHFRUGHGLQWKHSURSRVHGVDOHRI
RXUJOREDOZKROHVDOHDVVHWVWRWKH,3
%DFNERQHMRLQWYHQWXUHFRPSDQ\WREH
HVWDEOLVKHGZLWK3&&:DQG
•DQ\SURILWUHVXOWLQJIURPWKHUHOHDVHIURPRXU
REOLJDWLRQVXQGHUWKH7HOVWUD$GGLWLRQDO
&RQWULEXWLRQVDJUHHPHQW
+RZHYHUIRUGLYLGHQGVGHFODUHGIURPHDUQLQJVLQ
ILVFDODQGIXWXUH\HDUVLWLVRXUFXUUHQW
LQWHQWLRQWKDWWKHGLYLGHQGVSHUVKDUHZLOOQRW
UHGXFHRQD\HDURQ\HDUEDVLVDVDUHVXOWRIWKH
DOOLDQFHZLWK3&&:VXEMHFWWRFRQWLQXLQJ
FRPPHUFLDOFRQVLGHUDWLRQV
7KHGLUHFWRUVKDYHGHFODUHGDILQDOGLYLGHQGIRU
WKH\HDUHQGHG-XQHRIFHQWVSHUVKDUH
PLOOLRQIXOO\IUDQNHG7KHWD[UDWHDW
ZKLFKWKHGLYLGHQGLVIUDQNHGLV7KHUHFRUG
GDWHIRUWKHILQDOGLYLGHQGZLOOEH6HSWHPEHU
ZLWKSD\PHQWEHLQJPDGHRQ2FWREHU
'XULQJWKHILQDQFLDO\HDUWKHIROORZLQJ
GLYLGHQGVZHUHSDLG
32