Telstra 2010 Annual Report Download - page 184

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Telstra Corporation Limited and controlled entities
169
Notes to the Financial Statements (continued)
Our investments in jointly controlled and associated entities are listed below:
Unless otherwise noted, all investments have a balance date of 30
June, are incorporated in Australia and our voting power is the
same as our ownership interest.
(*) The Telstra Group carrying amounts are calculated using the
equity method of accounting.
26. Investments in jointly controlled and associated entities
Telstra Group
As at 30 June
2010 2009
$m $m
Investments in jointly controlled entities
Investments in jointly controlled entities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Allowance for impairment in value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -(2)
Carrying amount of investments in jointly controlled entities . . . . . . . . . . . . . . . . . . . . . . 23
Investments in associated entities
Investments in associated entities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 38
Allowance for impairment in value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (24) (25)
Carrying amount of investments in associated entities . . . . . . . . . . . . . . . . . . . . . . . . . 15 13
17 16
Telstra Group’s
carrying
Name of Entity Principal activities Ownership interest
amount of investment
(*)
As at 30 June As at 30 June
2010 2009 2010 2009
%%$m $m
Jointly controlled entities
FOXTEL Partnership (h) Pay television 50.0 50.0 --
FOXTEL Television Partnership (h) Pay television 50.0 50.0 --
Customer Services Pty Limited (h) Customer service 50.0 50.0 --
FOXTEL Management Pty Ltd (h) Management services 50.0 50.0 --
FOXTEL Cable Television Pty Ltd (a)(h) Pay television 80.0 80.0 --
Reach Ltd (incorporated in Bermuda) (e)(h) International connectivity
services 50.0 50.0 --
TNAS Limited (incorporated in New Zealand) (e)(h) Toll free number portability in
New Zealand 33.3 33.3 --
3GIS Pty Ltd (e) Management services 50.0 50.0 --
3GIS Partnership (e) 3G network services 50.0 50.0 --
Bridge Mobile Pte Ltd (incorporated in Singapore)
(e) Regional roaming provider 10.0 10.0 22
Mnet Group Limited (formerly m.Net
Corporation Limited) (b) Mobile phone content provider (b) 25.2 -1
23
Associated entities
Australia-Japan Cable Holdings Limited
(incorporated in Bermuda) (e)(h) Network cable provider 46.9 46.9 --
Telstra Super Pty Ltd (a)(h) Superannuation trustee 100.0 100.0 --
Keycorp Limited (c)(d)(f) Electronic transactions solutions 48.2 48.2 15 13
Telstra Foundation Ltd (a) Charitable trustee organisation 100.0 100.0 --
Beijing Huaxin Target Information Co Ltd
(incorporated in China) (b)(e) Wireless music services 30.0 ---
15 13