Telstra 2011 Annual Report Download - page 196

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Telstra Corporation Limited and controlled entities
181
Notes to the Financial Statements (continued)
Our investments in jointly controlled and associated entities are listed below:
Unless otherwise noted, all investments have a reporting 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
2011 2010
$m $m
Investments in jointly controlled entities
Investments in jointly controlled entities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Allowance for impairment in value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --
Carrying amount of investments in jointly controlled entities . . . . . . . . . . . . . . . . . . . . . . 22
Investments in associated entities
Investments in associated entities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 39
Allowance for impairment in value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (24) (24)
Carrying amount of investments in associated entities . . . . . . . . . . . . . . . . . . . . . . . . . -15
217
Telstra Group’s
carrying
Name of Entity Principal activities Ownership interest
amount of investment
(*)
As at 30 June As at 30 June
2011 2010 2011 2010
%%$m $m
Jointly controlled entities
FOXTEL Partnership (g)(h) Pay television 50.0 50.0 --
FOXTEL Television Partnership (g)(h) Pay television 50.0 50.0 --
Customer Services Pty Limited (g)(h) Customer service 50.0 50.0 --
FOXTEL Management Pty Ltd (g)(h) Management services 50.0 50.0 --
FOXTEL Cable Television Pty Ltd (a)(g)(h) Pay television 80.0 80.0 --
Reach Ltd (incorporated in Bermuda) (e)(g)(h) International connectivity
services 50.0 50.0 --
TNAS Limited (incorporated in New Zealand)
(e)(g)(h)
Toll free number portability in
New Zealand 33.3 33.3 --
3GIS Pty Ltd (e)(g) Management services 50.0 50.0 --
3GIS Partnership (e)(g) 3G network services 50.0 50.0 --
Bridge Mobile Pte Ltd (incorporated in Singapore)
(e)(g) Regional roaming provider 10.0 10.0 22
22
Associated entities
Australia-Japan Cable Holdings Limited
(incorporated in Bermuda) (e)(g)(h) Network cable provider 46.9 46.9 --
Telstra Super Pty Ltd (a)(h) Superannuation trustee 100.0 100.0 --
Keycorp Limited (b)(c)(d)(f)(g) Electronic transactions solutions -48.2 -15
Telstra Foundation Ltd (a)(g)(h) Charitable trustee organisation 100.0 100.0 --
Beijing Huaxin Hezhong Information Technology Co.
Ltd (incorporated in China) (b)(e)(g) Wireless music services -30.0 --
-15