Telstra 2015 Annual Report Download - page 23

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_Telstra Annual Report 2015
FY15 FY15 FY15 FY14
Reported
results $m
Adjustments
$m
Guidance
basis $m
Guidance
basis $m
Total income(ii) 26,607 (288) 26,319 25,735
EBITDA 10,745 37 10,782 10,574
Free cashow 2,619(iii) 2,400 5,019 4,922
Guidance versus reported results(i)
(i) This guidance assumed wholesale product price stability, no impairments to investments, excluded
any proceeds on the sale of businesses, mergers and acquisitions and purchase of spectrum. The FY15
guidance excluded the FY14 CSL prot on sale of $561m from FY14 Income and EBITDA. Please refer to
the guidance versus reported results reconciliation on page 180. This reconciliation has been reviewed
by our auditors.
(ii) Excludes nance income.
(iii) The difference between our reported free cashow and free cashow on a guidance basis is mainly due
to spectrum payments of $1,302 million and M&A activity of $1,151 million.
On 13 August 2015, the Directors of Telstra resolved to pay a fully franked nal
dividend of 15.5 cents per share. Shares will trade excluding entitlement to the
dividend on 25 August 2015 with payment on 25 September 2015.
Full Year Results and Operations Review_
Telstra Retail
Telstra Retail brings together our key retail
businesses including Telstra Consumer,
Telstra Business, Telstra Media Group and
Telstra Health™. Telstra Retail provides
a full range of telecommunications
products, services and solutions to
consumer customers and to Australia’s
small to medium sized enterprises,
as well as the provision of Foxtel and
digital content services. Income in
this segment grew by 5.3 per cent to
$17,252 million and EBITDA increased
by 0.9 per cent to $9,449 million.
We saw strong growth in our Consumer
business unit with income growing
by 6.5 per cent. As a result of the
continued focus on customer advocacy
and innovative new products and plans
introduced during the year, we saw good
growth in mobiles and xed data with
post-paid handheld average revenue per
user (ARPU) increasing by 6.3 per cent to
$61.72 and an increase of 158,000 xed
data subscribers. In Telstra Business,
income grew by 2.9 per cent driven
by a 3.3 per cent growth in mobile
services revenue, revenue from unied
communications, cloud hosted solutions
and contributions from TSM (formerly
SNP Security) and AFN Solutions which
were acquired during the rst half of
the year. Telstra Health also contributed
income of $78 million.
FY15 FY14 Change
$m $m %
Telstra Retail 17,252 16,383 5.3
Global Enterprise and Services 5,674 5,257 7.9
Telstra Wholesale 2,586 2,328 11.1
Telstra Operations 424 289 46.7
Other (excluding Sensis) 671 2,039 (67.1)
Total Telstra segments (excluding Sensis) 26,607 26,296 1.2
Other – Sensis –552 n/m
Total Telstra segments 26,607 26,848 (0.9)
Segment performance
We report segment information on the same basis as our internal management reporting
structure as at reporting date. Segment comparatives reect organisational changes
that have occurred since the prior reporting period to present a like-for-like view.
Segment total income
65%
21%
10%
2%
2%
Telstra Retail
Global Enterprise and Services
Telstra Wholesale
Telstra Operations
Other
Alisha
Contact Centre Capability Lead