Financial results

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

Continuing Operations 2021
$m
2020
$m
2019
$m
20181
$m
2017
$m
Total income (excluding finance income) 23,132 26,161 27,807 28,841 28,205
EBITDA2 7,638 8,905 7,984 10,197 10,679
EBIT 2,992 3,567 3,702 5,727 6,238
Profit for the period 1,902 1,839 2,149 3,557 3,874
Dividends declared per share (cents) 16.0 16.0 16.0 22.0 31.0
Total assets 42,525 44,403 42,589 42,634 42,133
Gross debt 16,388 17,343 15,331 15,368 16,218
Net debt 15,263 16,844 14,727 14,739 15,280
Total equity 15,275 15,147 14,530 14,556 14,560
Capital expenditure3 3,020 3,233 4,140 4,717 4,606
Free cashflow 4,887 4,034 3,068 4,695 3,496
Earnings per share (cents) 15.6 15.3 18.1 30.2 32.5
Dividend payout ratio (%)4 103 99 88 73 95
  1. FY18 results have been restated to account for the adoption of AASB15.
  2. 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.
  3. Capex is measured on an accrued basis and excludes spectrum and guidance adjustments, externally funded capex, and capitalised leases.
  4. Ordinary dividend as a proportion of underlying earnings.

 

151

2021

Full Year Results

A word from our CEO on our FY21 results.

Our Full Year Results was webcast live on 12 August 2021.

 

Half Year Results

A word from our CEO on our 1H21 results.

 

Our Half Year Results was webcast on 11 February 2021.

Full Year Results

A word from our CEO on our FY20 results.

 

 

Our Full Year Results was audio webcast on 13 August 2020.

 

 

Half Year Results

A word from our CEO on our HY20 results.

 

Our Half Year Results was audio webcast on 13 February 2020.

 

Full Year Results

Our Full Year Results was webcast on 15 August 2019.

 

 

Half Year Results

A word from our CEO on our HY19 results.

 

Our Half Year Results was webcast on 14 February 2019.

 

 

Full Year Results

A word from 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

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