Telstra 2010 Annual Report Download - page 34

Download and view the complete annual report

Please find page 34 of the 2010 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 221

  • 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
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221

19
Telstra Corporation Limited and controlled entities
Full year results and operations review - June 2010
Pay TV bundling
Total pay TV bundling revenue increased by 9.4% to
$511 million. This growth includes the impact of the
cessation of our AUSTAR! agreement during fiscal 2009.
FOXTEL(1) bundling revenue increased by 14.3% due to
a 12% increase in FOXTEL bundled pay TV SIOs to 504
thousand and a 4.1% rise in FOXTEL bundling ARPU.
The growth in SIOs was driven by increased take up of
bundled offers with other Telstra products and services
and marketing campaigns during the year, including 12
month contracts and new introductory offers. The
growth in ARPU was helped by strong sales of platinum
packages and FOXTEL iQ†. During the fiscal year, there
has been a 16 percentage point increase in FOXTEL iQ
penetration.
Other revenue
Distributions received relate to distributions from our
FOXTEL partnership and represent a $40 million
reduction year on year.
Other income
There was little change to the amount of total other
income as there were no material gains on assets sold
during the year while the USO levy receipts and
subsidies and miscellaneous income were relatively
stable this year.
Fiscal 2009 asset sales included the sale of the KAZ
group for proceeds of $208 million.
(1) FOXTEL marks are used under licence by FOXTEL Management Pty Ltd
Year ended 30 June
2010 2009 Change Change
$m $m $m %
Pay TV bundling revenue . . . . . . . . . . . . . . . . . . . . . . . . . 511 467 44 9.4%
Total pay TV bundling SIOs (thousands) . . . . . . . . . . . . . . . . . . 504 450 54 12.0%
Note: statistical data represents management's best estimates.
Year ended 30 June
2010 2009 Change Change
$m $m $m %
Distributions received . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 100 (40) (40.0%)
Rental income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 36 8 22.2%
Total other revenue . . . . . . . . . . . . . . . . . . . . . . . . . . 104 136 (32) (23.5%)
Year ended 30 June
2010 2009 Change Change
$m $m $m %
Proceeds from asset and investment sales . . . . . . . . . . . . . . . . . 27 225 (198) (88.0%)
Cost of asset and investment sales . . . . . . . . . . . . . . . . . . . . 25 225 (200) (88.9%)
Net gain on assets/investment sales. . . . . . . . . . . . . . . . . . 2-2n/m
USO levy receipts and subsidies . . . . . . . . . . . . . . . . . . . . . . 65 62 3 4.8%
Miscellaneous income . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 45 - -
Other income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110 107 3 2.8%
Total other income . . . . . . . . . . . . . . . . . . . . . . . . . . . 112 107 5 4.7%