Telstra 2013 Annual Report Download - page 118
Download and view the complete annual report
Please find page 118 of the 2013 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.-
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
 |
 |
NOTES TO THE
FINANCIAL STATEMENTS
(CONTINUED)
116 Telstra Annual Report 2013 Telstra Corporation Limited and controlled entities
(a) Aggregate employee benefits
(i) Accrued labour and related on-costs are included within our
current trade and other payables (refer to note 15 for further details).
Provision for employee benefits consist of amounts for annual leave
and long service leave accrued by employees.
Employee benefits for long service leave are measured at their
present value. The following assumptions were adopted in
measuring this amount (refer to note 2.14 for further details).
16. PROVISIONS
Telstra Group
As at 30 June
2013 2012
$m $m
Current
Employee benefits (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 853 856
Workers' compensation (b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 24
Redundancy (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66
Other (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 56
918 942
Non current
Employee benefits (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131 110
Workers' compensation (b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126 131
Other (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 23
276 264
Telstra Group
As at 30 June
2013 2012
$m $m
Current provision for employee benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 853 856
Non current provision for employee benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131 110
Current provision for redundancy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66
Accrued labour and on-costs (i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 555 456
1,545 1,428
Telstra Group
As at 30 June
2013 2012
Weighted average projected increase in salaries, wages and associated on-costs . . . . . . . . . . . . . . 4.7% 4.7%
Discount rates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.2% 3.6%