Telstra 2003 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2003 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.

Page out of 64

  • 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

contact details
Telstra Corporation Limited
Incorporated in the Australian
Capital Territory
Telstra is listed on Stock Exchanges
in Australia, New Zealand (Wellington),
and USA (New York)
Telstra Switch Board
Australia: 1300 368 387
All other: +61(8) 8308 1721
Registered Office
Level 41, 242 Exhibition Street
Melbourne Victoria 3000 Australia
Douglas Gration
Company Secretary
Ph: +61(3) 9634 6400
Principal Australian Office
242 Exhibition Street
Melbourne Victoria 3000 Australia
Investor Relations Unit
Level 36, 242 Exhibition Street
Melbourne Victoria 3000 Australia
Wayne Treeby
General Manager
Ph: +61(3) 9634 8632
The Telstra Share Registrar
ASX Perpetual Registrars Limited
PO Box 14300
Melbourne Victoria 8001 Australia
Shareholder Enquiries
Australia: 1300 88 66 77
All other: +61(3) 9615 9126
email: [email protected]
website: www.asxperpetual.com.au/telstra
Facsimile: +61(3) 9615 9911
Annual Report Hotline
To receive further copies of the
Annual Review or copies of the detailed
Annual Report, please call 1300 88 66 77
Website
This review and the Annual Report
may also be found via Telstra’s Investor
Relations home page at:
http://www.telstra.com.au/investor
Depositary for American
Depositary Receipts
The Bank of New York
101 Barclay Street – 22 W
New York, New York 10286
Ph: +1(212) 815 5838
Facsimile: +1(212) 571 3050
Designed and produced by The Ball Group Melbourne and Sydney TEL0043 9/03
five year financial summary
2003 2002 2001 2000 1999
$m $m $m $m $m
Sales revenue 20,495 20,196 18,679 19,343 17,571
Total revenue (including interest) 21,700 20,928 23,086 20,567 18,218
EBITDA(1) 9,170 9,483 9,834 8,563 8,351
Profit before income tax expense 4,928 5,446 6,297 5,349 5,320
Net profit after minorities 3,429 3,661 4,058 3,677 3,486
Dividends 3,345 2,830 2,445 2,316 4,247
Total assets 35,599 38,219 38,003 30,578 27,780
Gross debt 12,272 13,726 13,990 9,821 7,211
Net debt 10,972 12,268 12,505 8,877 6,118
Shareholders’ equity 15,422 14,106 13,722 11,602 10,294
Operating cash flows 7,057 7,098 6,599 6,547 6,574
Investing cash flows (2,492) (3,258) (6,370) (4,896) (4,064)
Financing cash flows (4,317) (3,817) 94 (1,881) (2,484)
Net movement 248 23 323 (230) 26
Capital expenditure and investments
(including capitalised interest) (3,437) (3,777) (7,712) (5,428) (4,478)
Financial ratios %%%%%
Return on average assets 16.3 17.5 21.6 21.1 22.4
Return on average equity(2) 23.2 26.8 32.7 33.7 29.9
Interest cover (times) 6.4 7.0 9.0 8.5 9.4
Gross debt to capitalisation(2) & (3) 44.3 49.3 50.5 45.8 36.9
Net debt to capitalisation(2) & (4) 41.6 46.5 47.7 43.3 37.3
(1) Net profit before interest received/receivable, interest expense (borrowing costs), depreciation and amortisation and
income tax expense.
(2) Excludes the effect of the special dividend of $2,059 million provided for in the financial statements as at 30 June 1999.
(3) Based on gross debt (total current and non-current borrowings) as a percentage of gross debt plus the shareholders’equity.
(4) Based on net debt (gross debt less liquid interest bearing assets) as a percentage of net debt plus shareholders’ equity.