Telstra 2015 Annual Report Download - page 160

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Notes to the Financial Statements (continued)
NOTE 26. INVESTMENTS IN JOINT VENTURES AND ASSOCIATED ENTITIES (continued)
158 Telstra Corporation Limited and controlled entities
26.1 List of our investments in joint ventures and
associated entities (continued)
(e) Other disclosures for joint ventures and associated entities
(continued)
(ii) Other disclosures (continued)
We also have interests in a number of individually immaterial joint
ventures and associated entities. Our share of the aggregate
financial information (including joint ventures and associated
entities where equity accounting has been suspended) is
presented in the table below:
(f) Suspension of equity accounting
Our unrecognised share of (profits)/losses for the period and
cumulatively, for our entities where equity accounting has ceased
and the investment is recorded at zero due to losses made by
these entities and/or reductions in the equity accounted carrying
amount, is shown below:
Equity accounting has been suspended for Telstra Super Pty Ltd.
There is no significant unrecognised (profits)/losses in this entity.
A $125 million (2014: $165 million) distribution was received from
Foxtel during the year. This has been recorded as revenue in the
income statement. Our share of Foxtel's profit for the year of $119
million together with our share of reserve movements of $12
million exceeded the $125 million distribution, resulting in a net
decrease in our cumulative share of unrecognised losses in Foxtel.
Telstra Group
Year ended 30 June
Joint ventures Associated entities
2015 2014 2015 2014
$m $m $m $m
Profit/(loss) for the year 1(2) 35 36
Other comprehensive income (18) 1(9) 1
Total comprehensive income (17) (1) 26 37
Telstra Group
Year ended 30 June
Period
Cumula-
tive Period
Cumula-
tive
2015 2015 2014 2014
$m $m $m $m
Joint ventures
Foxtel (6) 179 31 185
Reach Ltd (2) 556 - 558
Associated entities
Australia - Japan Cable Holdings Limited (14) 101 (11) 115
(22) 836 20 858