Financial results

This is a summary of Telstra's last five financial years.

  2015
$m
2014
$m
2013
$m
2012
$m
2011
$m
Total Income (excluding finance income) 26,607 26,296 24,776 25,503 25,304
EBITDA(1) 10,745 11,135 10,168 10,234 10,151
EBIT(2) 6,762 7,185 6,090 5,822 5,692
Profit before income tax expense 6,073 6,228 5,157 4,934/td> 4,557
Profit for the period from continuing operations 4,286 4,549 3,640 N/A N/A
Profit/(loss) for the period from discontinued operations 19 (204) 151 N/A N/A
Profit for the period 4,305 4,345 3,791 3,424 3,250
Dividends paid in the financial year 3,699 3,545 3,480 3,475 3,475
Dividends declared (cents per share) 30.5 29.5 28.0 28.0 28.0
Earnings per share (cents) 34.5 34.4 30.1 27.5 26.1
Dividend payout ratio (%) 88 86 93 102 107
Total assets 40,445 39,360 38,527 39,525 37,913
Gross debt 14,962 16,048 15,628 17,222 16,232
Net debt 13,566 10,521 13,149 13,277 13,595
Total Equity 14,510 13,960 12,875 11,689 12,292
Capital expenditure 3,589 3,661 3,792 3,591 3,410
Free cashflow 2,619 7,483 5,024 5,197 5,477
Financial ratios(5)          
Return on average assets 18.9% 20.4% 17.9% 16.7% 15.9%
Return on average equity 30.3% 32.3% 31.0% 28.9% 26.1%
EBITDA interest cover (times) 15.0 13.8 12.4 10.3 9.6
Net debt to capitalisation(3) 48.3% 43.0% 50.5% 53.2% 52.5%
Net debt to EBITDA 1.3 0.9 1.2 1.3 1.3

Things you need to know

  1. Operating profit before interest, depreciation and amortisation and income tax expense. EBITDA is used as a measure of financial performance by excluding certain variables that affect operating profits but which may not be directly relate to all financial aspects of the operations of the company. EBITDA is not a measure of operating income, operating performance or liquidity under A-IFRS. Other companies may calculate EBITDA in a different manner to us.
  2. EBITDA less depreciation and amortisation.
  3. Based on net debt (gross debt less liquid interest bearing assets) as a percentage of net debt plus equity.
  4. Restated for the retrospective adoption of AASB:119 "Employee Entitlements" and the Sensis directories business being classified as discontinued opeation.
  5. Ratios have been measured on a continuing and discontinued operations basis.
2016

Half Year Results

 

Full Year Results

On 13 August 2015, we announced our Full Year Results for the period ended 30 June 2015 to the market.

Watch the full announcement live-streamed on the day

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Half Year Results

 

 

Full Year Results

Half Year Results

Full Year Results

Half Year Results

Full Year Results

Third Quarter Results

Half Year Results

First Quarter Results

Full Year Results

Third Quarter Results

Half Year Results

First Quarter Results