Telstra 2010 Annual Report Download - page 127
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Telstra Corporation Limited and controlled entities
112
Notes to the Financial Statements (continued)
.
11. Inventories
Telstra Group
As at 30 June
2010 2009
$m $m
Current
Finished goods recorded at cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 171 145
Finished goods recorded at net realisable value . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 61
Total finished goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 226 206
Raw materials and stores recorded at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 12
Construction contracts (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 21
295 239
Non current
Finished goods recorded at net realisable value . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 18
17 18
(a) Construction contract disclosures are shown as follows:
Contract costs incurred and recognised profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . 315 217
Progress billings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (272) (196)
43 21