Telstra 2012 Annual Report Download - page 42

Telstra Corporation Limited and controlled entities
12
Full year results and operations review - June 2012
(i) Other revenue primarily consists of distributions received from FOXTEL and rental income.
(ii) Other income includes gains and losses on asset and investment sales, USO levy receipts, subsidies and other miscellaneous items.
(iii) Basic and diluted earnings per share are impacted by the effect of shares held in trust for employee share plans and instruments held under executive remuneration
plans.
Results of operations
Year ended 30 June
2012 2011 Change Change
$m $m $m %
Sales revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,232 24,983 249 1.0
Other revenue (i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136 110 26 23.6
Total revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,368 25,093 275 1.1
Other income (ii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135 211 (76) (36.0)
Total income (excl. finance income) . . . . . . . . . . . . . . . . . . . . . . . . . 25,503 25,304 199 0.8
Labour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,061 3,924 137 3.5
Goods and services purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,179 6,183 (4) (0.1)
Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,029 5,047 (18) (0.4)
Operating expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,269 15,154 115 0.8
Share of net profit from jointly controlled and associated entities . . . . . . . . . . . 0(1) 1 100.0
Earnings before interest, income tax expense, depreciation and amortisation
(EBITDA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,234 10,151 83 0.8
Depreciation and amortisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,412 4,459 (47) (1.1)
Earnings before interest and income tax expense (EBIT) . . . . . . . . . . . . . 5,822 5,692 130 2.3
Net finance costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 888 1,135 (247) (21.8)
Profit before income tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . 4,934 4,557 377 8.3
Income tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,510 1,307 203 15.5
Profit for the period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,424 3,250 174 5.4
Attributable to:
Equity holders of the Telstra Entity . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,405 3,231 174 5.4
Non-controlling interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 19 0 0.0
3,424 3,250 174 5.4
Effective tax rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30.6% 28.7% 1.9 pp
EBITDA margin on sales revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . 40.6% 40.6% 0.0 pp
EBIT margin on sales revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23.1% 22.8% 0.3 pp
cents cents
Change
cents
Change
%
Basic earnings per share (iii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27.5 26.1 1.4 5.4%
Diluted earnings per share (iii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27.4 26.1 1.3 5.0%
Dividends per ordinary share:
Interim dividend . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.0 14.0
Final dividend. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.0 14.0
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28.0 28.0