Telstra 2005 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 2005 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 68

  • 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

50
concise financial reportcontinued
statement of financial position as at 30 June 2005 Telstra Group
As at 30 June
2005 2004
$m $m
Current assets
Cash assets 1,540 687
Receivables 3,609 3,608
Inventories 232 229
Other assets 796 803
Total current assets 6,177 5,327
Non current assets
Receivables 240 740
Inventories 15 10
Investments – accounted for using the equity method 49 40
Investments – other –80
Property, plant and equipment 23,351 22,863
Intangibles – goodwill 2,287 2,104
Intangibles – other 1,581 1,501
Other assets 2,610 2,328
Total non current assets 30,133 29,666
Total assets 36,310 34,993
Current liabilities
Payables 2,809 2,338
Interest-bearing liabilities 1,518 3,246
Income tax payable 534 539
Provisions 389 358
Revenue received in advance 1,132 1,095
Total current liabilities 6,382 7,576
Non current liabilities
Payables 122 49
Interest-bearing liabilities 11,816 9,014
Provision for deferred income tax 1,885 1,807
Provisions 836 778
Revenue received in advance 388 408
Total non current liabilities 15,047 12,056
Total liabilities 21,429 19,632
Net assets 14,881 15,361
Shareholders’ equity
Telstra Entity
Contributed equity 5,793 6,073
Reserves (157) (105)
Retained profits 9,243 9,391
Shareholders’ equity available to Telstra Entity shareholders 14,879 15,359
Outside equity interests
Contributed equity 22
Total outside equity interests 22
Total shareholders’ equity 14,881 15,361
The above statement of financial position should be read in conjunction with the accompanying notes and discussion and analysis. The financial statements and specific disclosures have
been derived from the financial report contained in the ‘Annual Report 2005’. This concise financial report cannot be expected to provide as full an understanding of the financial performance,
financial position and cash flow activities of Telstra as the financial report. Further financial information can be obtained from the ‘Annual Report 2005’ which is available, free of charge, upon
request to Telstra.