Telstra 2007 Annual Report Download - page 215

Telstra Corporation Limited and controlled entities
212
Notes to the Financial Statements (continued)
(h) Other disclosures for jointly controlled and associated entities
(continued)
Summarised presentation of all of our jointly controlled and
associated entities’ assets, liabilities, revenue and expense items
(including jointly controlled and associat ed entities where equity
accounting has been suspended):
30. Investments in jointly controlled and associated entities (continued)
Jointly controlled
entities Associated entities
Telstra Group Telstra Group
Year ended/As at Year ended/As at
30 June 30 June
2007 2006 2007 2006
$m $m $m $m
Current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 494 556 85 73
Non current assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 754 811 289 346
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,248 1,367 374 419
Current liabilit ies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,011 950 42 58
Non current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 675 927 505 536
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,686 1,877 547 594
Net assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (438) (510) (173) (175)
Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,608 2,152 99 150
Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,583 2,067 130 180
Profit/(loss) before income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 85 (31) (30)
Income tax expense/(benefit). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13(1) 4
Profit/(loss) for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 82 (30) (34)
Summarised presentation of our share of all our jointly controlled and associated
entities revenue and expense items (including jointly controlled and associated
entities where equity accounting has been suspended):
Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,082 1,369 47 71
Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,068 1,326 61 85
Profit/(loss) before income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 43 (14) (14)
Income tax expense/(benefit). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -2(1) 2
Profit/(loss) for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 41 (13) (16)