Financial results

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

Continuing Operations 2019 $m 20181 $m 2017
$m
2016
$m
20152
$m
Total income (excluding finance income) 27,807 28,841 28,205
27,050
26,112
EBITDA3 7,984 10,197 10,679
10,465
10,533
EBIT 3,702 5,727 6,238
6,310
6,559
Profit for the period from continuing operations 2,149 3,557 3,874 3,832
4,114
Profit/(loss) for the period from discontinued operations4 - - - 2,017
191
Profit for the period from continuing and discontinued operations 2,149 3,557 3,874
5,849
4,305
Dividends declared per share (cents) 16.0 22.0 31.0 31.0
30.5
Total assets 42,589 42,634 42,133
43,286 40,445
Gross debt 15,331 15,368 16,218
16,009
14,962
Net debt 14,727 14,739 15,280
12,459
13,566
Total equity 14,530 14,556 14,560
15,907
14,510
Capital expenditure5 4,140 4,717 4,606 4,045
3,589
Free cashflow from continuing and discontinued operations 3,068 4,695 3,496
5,926
2,619
Earnings per share from continuing and discontinued operations (cents) 18.1 30.0 32.5
47.4
34.5
Dividend payout ratio (%)6 88 73 95 65
88
  1. FY18 results have been restated to account for the adoption of AASB15 - refer to Note 1.5 in the Financial Report for further detail.
  2. Represented the Autohome Group being classified as a discontinued operation.
  3. 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.
  4. Profit/(loss) for the year from discontinued operations for FY15 and FY16 included both Sensis and Autohome Group results.
  5. Capex is defined as additions to property, equipment and intangible assets including capital lease additions, excluding expenditure on spectrum, measured on an accrued basis. Excludes externally funded capex.
  6. Dividend payout ratio from continuing and discontinued operations. Dividend payout ratio from continuing operations FY16: 98%.

 

151
2019

Full Year Results

Our Full Year Results was webcast on 15 August 2019.

 

Half Year Results

Interview with our CEO on our HY19 results.

 

Our Half Year Results was webcast via livestream on 14 February 2019.

 

 

Full Year Results

Interview with our CEO on our FY18 results.

 

Our Full Year Results was webcast via livestream on 16 August 2018.

 

Half Year Results

Interview with our CEO on our HY18 results.

 

Our Half Year Results was webcast via livestream on 15 February 2018.

 

Full Year Results

Interview with our CEO on our FY17 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

For the best experience when viewing a Livestream broadcast, we recommend using Google Chrome or Mozilla Firefox to view. Please note that if you are using Internet Explorer, versions 10 or 11 are recommended, as older versions can have issues.

 

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