Telstra 2002 Annual Report Download - page 297

Telstra Corporation Limited and controlled entities
294
Notes to the Financial Statements (continued)
Notes to the reconciliations to financial reports prepared using
USGAAP (continued)
30(b) Investments (continued)
Available-for-sale securities
The following is a summary of our available-for-sale debt and equity
securities:
30. United States generally accepted accounting principles disclosures (continued)
Telstra Group
As at 30 June 2002
Note Principal
Accrued
interest
Amortised
cost Fair value
Net
unrealised
gain
$m $m $m $m $m
Marketable securities included in cash:
Bank bills and promissory notes . . . . . . . . . . . . . . . . . . 759 2 761 761 -
Marketable securities due within one year:
Bank bills and promissory notes . . . . . . . . . . . . . . . . . . 382 1 383 383 -
Equity securities:
Listed investments . . . . . . . . . . . . . . . . . . . . . . . . . . 11 41 - - 144 103
Income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . (31)
72
Debt securities:
PCCW note - US$190 million face value . . . . . . . . . . . . . . 30(o) 337 - - 337 -
Total unrealised gain (net of tax) on available-for-sale securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72
Telstra Group
As at 30 June 2001
Note Principal
Accrued
interest
Amortised
cost Fair value
Net
unrealised
gain
$m $m $m $m $m
Marketable securities included in cash:
Bank deposits, bank bills and promissory notes . . . . . . . . 873 3 876 876 -
Marketable securities due within one year:
Bank bills and promissory notes . . . . . . . . . . . . . . . . . . 404 - 404 404 -
Equity securities:
Listed investments . . . . . . . . . . . . . . . . . . . . . . . . . . 11 60 - - 477 417
Income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . (125)
292
Debt securities:
PCCW convertible note - US$750 million face value . . . . . . 30(o) 1,299 - - 1,393 94
Income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . (9)
85
Total unrealised gain (net of tax) on available-for-sale securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377