Telstra 2014 Annual Report Download - page 67

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Telstra Corporation Limited and controlled entities
Telstra Annual Report 65
Financial Report
TELSTRA CORPORATION LIMITED
AND CONTROLLED ENTITIES
Australian Business Number (ABN): 33 051 775 556
FINANCIAL REPORT
as at 30 June 2014
Page
number
Financial Statements
Income Statement ....................................................................................................................................................................................... 66
Statement of Comprehensive Income........................................................................................................................................................ 67
Statement of Financial Position ................................................................................................................................................................. 68
Statement of Cash Flows ............................................................................................................................................................................ 69
Statement of Changes in Equity ................................................................................................................................................................. 70
Notes to the Financial Statements
Note 1 - Basis of preparation ............................................................................................................................................................. 71
Note 2 - Summary of significant accounting policies, estimates, assumptions and judgements............................................... 72
Note 3 - Earnings per share ............................................................................................................................................................... 90
Note 4 - Dividends............................................................................................................................................................................... 91
Note 5 - Segment information............................................................................................................................................................ 92
Note 6 - Income ................................................................................................................................................................................... 97
Note 7 - Expenses ............................................................................................................................................................................... 98
Note 8 - Remuneration of auditors .................................................................................................................................................... 100
Note 9 - Income taxes ......................................................................................................................................................................... 101
Note 10 - Trade and other receivables................................................................................................................................................. 103
Note 11 - Inventories............................................................................................................................................................................. 106
Note 12 - Non current assets held for sale and discontinued operation ......................................................................................... 107
Note 13 - Property, plant and equipment............................................................................................................................................ 110
Note 14 - Intangible assets .................................................................................................................................................................. 112
Note 15 - Trade and other payables..................................................................................................................................................... 115
Note 16 - Provisions .............................................................................................................................................................................. 116
Note 17 - Capital management and financial instruments............................................................................................................... 118
Note 18 - Financial risk management ................................................................................................................................................. 128
Note 19 - Share capital ......................................................................................................................................................................... 144
Note 20 - Notes to the statement of cash flows ................................................................................................................................. 145
Note 21 - Impairment............................................................................................................................................................................ 149
Note 22 - Expenditure commitments .................................................................................................................................................. 151
Note 23 - Contingent liabilities and contingent assets...................................................................................................................... 153
Note 24 - Post employment benefits................................................................................................................................................... 154
Note 25 - Investments in controlled entities....................................................................................................................................... 160
Note 26 - Investments in joint ventures and associated entities...................................................................................................... 169
Note 27 - Employee share plans .......................................................................................................................................................... 174
Note 28 - Key management personnel compensation....................................................................................................................... 187
Note 29 - Related party disclosures .................................................................................................................................................... 188
Note 30 - Parent entity information..................................................................................................................................................... 191
Note 31 - Events after reporting date.................................................................................................................................................. 193
Directors’ Declaration................................................................................................................................................................................. 194
Independent Auditor’s Report................................................................................................................................................................... 195