Financial results
Five Year Financial Summary
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 |
- FY18 results have been restated to account for the adoption of AASB15.
- 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.
- Capex is measured on an accrued basis and excludes spectrum and guidance adjustments, externally funded capex, and capitalised leases.
- 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.
- Financial results for the full year ended 30 June 2021 (PDF)
- Market release - Telstra achieves turning point in financial performance, builds momentum towards growth (PDF)
- Market release - Telstra announces on-market share buy-back of up to $1.35b (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst and media briefings (PDF)
- Supporting material (XLS)
Half Year Results
A word from our CEO on our 1H21 results.
Our Half Year Results was webcast on 11 February 2021.
- Financial results for the half year ended 31 December 2020 (PDF)
- Market release - Telstra announces financial results for 1H21 (PDF)
- Market release - Telstra announces changes to retail store network (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst and media briefings (PDF)
- Supporting material (XLS)
- Market release - Restatement of prior periods' product reporting framework (PDF)
- Historical summary of new product framework (XLS)
2020
Full Year Results
A word from our CEO on our FY20 results.
Our Full Year Results was audio webcast on 13 August 2020.
- Financial results for the full year ended 30 June 2020 (PDF)
- Market release - Telstra announces financial results for FY20 (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst and media briefings (PDF)
- Supporting material (XLS)
- Shareholder snapshot (PDF)
- Group structure (PDF)
Half Year Results
A word from our CEO on our HY20 results.
Our Half Year Results was audio webcast on 13 February 2020.
2019
Full Year Results
Our Full Year Results was webcast on 15 August 2019.
- Financial results for the full year ended 30 June 2019 (PDF)
- Market release - Telstra announces financial results for FY19 (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst and media briefings (PDF)
- Supporting material (XLS)
- Letter to Shareholders (PDF)
- Group structure (PDF)
Half Year Results
A word from our CEO on our HY19 results.
Our Half Year Results was webcast on 14 February 2019.
- Financial results for the half year ended 31 December 2018 (PDF)
- Market release - Telstra announces financial results for 1H19 (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- CEO/CFO analyst briefing presentation and materials - correction (PDF)
- Transcript from analyst and media briefings (PDF)
- Supporting material (XLS)
- Letter to Shareholders (PDF)
- Provisional restatements for AASB 15 and AASB 9 (XLS)
2018
Full Year Results
A word from our CEO on our FY18 results.
Our Full Year Results was webcast via livestream on 16 August 2018.
- Financial Results and Directors' Report for the year ended 30 June 2018 (PDF)
- Annual Report (PDF)
- Market Release - Financial results for FY18 (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst and media briefings (PDF)
- Supporting material (XLS)
- Letter to Shareholders (PDF)
- Group structure (PDF)
Half Year Results
Interview with our CEO on our HY18 results.
Our Half Year Results was webcast via livestream on 15 February 2018.
2017
Full Year Results
Interview with our CEO on our FY17 results.
Our Full Year Results were announced on 17 August 2017. The results and other supporting material are available below.
- Financial Results and Directors' Report for the year ended 30 June 2017 (PDF)
- Annual Report (PDF)
- Market Release - Financial results for FY17 (PDF)
- Market Release - Outcomes of capital allocation strategy review (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst and media briefings (PDF)
- Supporting material (XLS)
- Corporate Governance Statement and Appendix 4G (PDF)
- Letter to Shareholders (PDF)
- Group structure (PDF)
- FY16 Product Revenue restatement (XLS)
- FY16 Product Physicals restatement (XLS)
Half Year Results
Our Half Year Results were announced on 16 February 2017.
- Financial results for the half-year ended 31 December 2016 (PDF)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst and media briefings (PDF)
- Letter to shareholders (PDF)
- CEO video - 1H17 results
- Supporting material (XLS)
- Product restatement reconciliation – 1H17 (PDF)
- Product restatement – 3 year summary to FY16 (PDF)
2016
Full Year Results
Our Full Year Results were announced on 11 August 2016 at 9:15am AEST.
Half Year Results
Our Half Year Results were announced on 18 February 2016 at 9:15am AEDT.
- Financial results for the half-year ended 31 December 2015 (PDF)
- Media release (Link)
- CEO/CFO analyst briefing presentation and materials (PDF)
- Transcript from analyst briefing (PDF)
- Letter to shareholders (PDF)
- Supporting material (XLS)
- Product restatement reconciliation – FY15 (PDF)
- Product restatement reconciliation – 1H15 (PDF)
- Product restatement – 3 year summary to FY15 (PDF)
2015
Full Year Results
On 13 August 2015, we announced our Full Year Results for the period ended 30 June 2015 to the market.
- Financial Results and Annual Report for the year ended 30 June 2015 (PDF, 3.1MB)
- Media release
- CEO/CFO analyst briefing presentation and materials (PDF, 2.1MB)
- Transcript from analyst briefing (PDF, 320KB)
- Letter to shareholders (PDF, 237KB)
- Supporting material (XLS, 124KB)
- Corporate Governance Statement and Appendix 4G (PDF, 853KB)
- Trae Vassallo nominated to join Telstra Board; Geoffrey Cousins and John Zeglis to retire at Annual General Meeting (PDF, 87KB)
- Product restatement reconciliation – FY14 (PDF, 18KB)
Half Year Results
- Financial results for the half-year ended 31 December 2014 (PDF, 678.6KB)
- Media release
- CEO/CFO analyst briefing presentation and materials (PDF, 1.53MB)
- Transcript from analyst briefing (PDF, 138KB)
- Dividend Reinvestment Plan (DRP) information (PDF, 2MB)
- CEO David Thodey on our 2015 results (YouTube)
- Letter to shareholders (PDF, 328KB)
- Supporting material (XLS, 346KB)
- Product restatement reconciliation – 1H14 (PDF, 35KB)
- Product restatement reconciliation – FY14 (PDF, 28KB)
2014
Full Year Results
Our Full Year Results was webcast via livestream on 14 August 2014.
- Financial Results and Annual Report for the year ended 30 June 2014 (PDF, 2.19MB)
- 2014 Annual Report (interactive)
- CEO/CFO analyst briefing presentation (PDF, 1.37MB)
- Transcript from analyst briefing (PDF, 1.37MB)
- CEO David Thodey on our 2014 results (YouTube)
- Letter to shareholders (PDF, 105KB)
- Supporting material (XLSX, 209KB)
Half Year Results
- Financial Results for the half-year ended 31 December 2013 (PDF, 3.55MB)
- Media release
- CEO/CFO analyst briefing presentation and materials (PDF, 4.7MB)
- Transcript from analyst briefing (PDF, 116KB)
- Letter to shareholders (PDF, 108KB)
- Supporting material (XLS, 519KB)
- Product restatement reconciliation (PDF, 23KB)
2013
Full year results
- Financial Results and Annual Report for the year ended 30 June 2013 (PDF, 2MB)
- 2013 Annual Report (Interactive)
- Media release
- CEO/CFO analyst briefing presentation and materials (PDF, 2.3MB)
- Transcript from analyst briefing (PDF, 155KB)
- Letter to shareholders (PDF, 99KB)
- Supporting materials (XLS, 586K)
Half Year Results
- Telstra Corporation Limited Financial Results for the Half Year ended 31 December 2012 (PDF, 1.1MB)
- Media release
- CEO/CFO analyst briefing presentation and materials (PDF, 1.1MB)
- Transcript from analyst briefing (PDF, 164MB)
- Letter to shareholders (PDF, 58KB)
- Supporting materials (XLS, 57KB)
2012
Full year results
- Telstra Corporation Limited Financial Results for the year ended 30 June 2012 (PDF, 822KB)
- 2012 Shareholder Update (PDF, 1614KB)
- CEO/CFO analyst briefing presentation and materials (PDF, 2.9MB)
- Transcript from analyst briefing (PDF, 212KB)
- Letter to shareholders (PDF, 56 KB)
- Supporting materials (XLS, 740K)
Half Year Results
- Telstra Corporation Limited Financial Results for the Half Year ended 31 December 2011 (PDF, 1.87MB)
- Financial Highlights Summary (PDF, 291 KB)
- CEO/CFO analyst briefing presentation and materials (PDF, 59KB)
- Transcript from analyst briefing (PDF, 292KB)
- Supporting materials (XLS, 86KB)
2011
Full Year Results
- Financial Results for the year ended 30 June 2011 (PDF, 2.3MB)
- CEO/CFO analyst briefing presentation and materials (PDF, 1.3MB)
- Transcript from analyst briefing (PDF, 204 KB)
- Half Year Growth Comparison for Full Year ended 30 June 2011 (XLS, 178KB)
- Letter to Shareholders and Telstra Annual Review 2011 (PDF, 460 KB)
Half Year Results
- Financial Results for the Half Year ended 31 December 2010 (PDF, 932KB)
- Financial Highlights Summary (PDF, 268KB)
- CEO/CFO analyst briefing presentation and materials (PDF, 5.2MB)
- Transcript from analyst briefing (PDF, 105KB, 40 pages)
- Half Year Growth Comparison for Half Year ended 31 December 2010 (XLS, 78KB)
2010
Full Year Results
- Financial Results for the Year ended 30 June 2010 (PDF, 2.5MB, 235 pages)
- Shareholder Update (PDF, 279KB, 4 pages)
- Half Year Growth Comparison for Full Year ended 30 June 2010 (XLS, 110KB, 2 pages)
- CEO/CFO analyst briefing presentation and materials (PDF, 1.3MB, 23 pages)
- Transcript from Full Year 2010 Financial Results – Analyst Briefing (PDF)
Half Year Results
- Financial Results for the Half-Year ended 31 December 2009 (PDF, 1.0MB , 80 pages)
- Shareholder Update (PDF, 237KB , 4 pages)
- CEO/CFO analyst briefing presentation and materials (PDF, 1.8MB , 18 pages)
- Transcript from analyst briefing (PDF, 235KB , 44 pages)
2009
Full Year Results
- Financial Results for the year ended 30 June 2009 (PDF, 2.4MB, 251 pages)
- CEO/CFO analyst briefing presentation and materials (PDF, 2.1MB, 21 pages)
- Transcript from analyst briefing (PDF, 156KB, 53 pages)
- Product Restatement June 2009 (PDF, 36KB, 1 page)
- Full Year 2009 Product Restatement Half Year Comparison (XLS, 45KB, 1 page)
Half Year Results
- Financial Results for the half-year ended 31 December 2008 (PDF, 1.5MB , 91 pages)
- CEO/CFO analyst briefing presentation and materials (PDF, 2.0MB , 22 pages)
- Letter to Shareholders and Half Year Shareholder Update (PDF, 319KB , 7 pages)
2008
Full Year Results
- Financial Results for the Year ended 30 June 2008 (PDF, 6.9MB, 289 pages)
- Full Year Update and Annual Report (interactive)
- CEO/CFO analyst briefing presentation and materials (PDF, 1.9MB, 24 pages)
- Transcript from analyst briefing (PDF, 148KB, 28 pages)
- CEO Letter to Shareholders and 2008 Full Year Shareholder Update (PDF, 375KB, 7 pages)
- Podcast: CEO analyst briefing
Half Year Results
- Financial Results for the half-year ended 31 December 2007 (PDF, 779KB, 88 pages)
- CEO/CFO analyst briefing presentation and materials (PDF, 4.8MB, 21 pages)
- Transcript from analyst briefing (PDF, 116KB, 40 pages)
- Shareholder Letter and Brochure (PDF, 1.0MB, 7 pages)
2007
Full Year Results
- Shareholder Update and Annual Report (interactive)
- Appendix 4E (PDF, 127KB, 17 pages)
- Results and Operations Review – Financial Highlights (PDF, 385KB, 63 pages)
- Media Release (PDF, 89KB, 3 pages)
- Full Year Financial Report (PDF, 1.2MB, 153 pages)
- Directors' Report (PDF, 404KB, 51 pages)
- Concise Financial Report (PDF, 188KB, 17 pages)
Half-Year Results
- Directors' Report (PDF, 88KB, 6 pages)
- Financial Highlights (PDF, 414KB, 61 pages)
- Financial Report (PDF, 201KB, 21 pages)
- Appendix 4D (PDF, 58KB, 6 pages)
- CEO/CFO analyst briefing presentation and materials (PDF, 1.3MB, 24 pages)
2006
Full Year Results
- Financial Highlights (PDF, 609KB, 63 pages)
- Financial Report (PDF, 1.0MB, 205 pages)
- Appendix 4E (PDF, 111KB, 16 pages)
- Directors' Report (PDF, 325KB, 48 pages)
Half Year Results
- Directors' Report (PDF, 63KB , 5 pages)
- Financial Highlights (PDF, 564KB , 45 pages)
- Financial Report (PDF, 314KB , 52 pages)
- Appendix 4D – Half Year Report for half year ended 31 Dec 2005 (PDF, 55KB , 7 pages)
2005
Full Year Results
- Directors' Report (PDF, 387KB, 41 pages)
- Financial Highlights(PDF, 389KB, 42 pages)
- Appendix 4F (PDF, 1.2MB, 170 pages)
- Appendix 4E (PDF, 181KB, 26 pages)
Third Quarter Results
- Third Quarter Market Update (PDF, 287KB, 14 pages)
Half Year Results
- Directors' Report (PDF, 64KB, 4 pages)
- Financial Highlights (PDF, 412KB, 46 pages)
- Financial Report (PDF, 307KB, 40 pages)
- Appendix 4D (PDF, 134KB, 15 pages)
First Quarter Results
- Telstra's First Quarter 2005 Market Update (PDF, 272KB, 14 pages)
2004
Full Year Results
- Financial Highlights (PDF, 297KB, 58 pages)
- Directors' Report (PDF, 237KB, 20 pages)
- Final Financial Report (PDF, 1.1MB, 161 pages)
- Appendix 4E (PDF, 73KB, 15 pages)
Third Quarter Results
- Telstra – Third Quarter Market Update (PDF, 110KB, 10 pages)
Half Year Results
- Directors' Report (PDF, 78KB, 3 pages)
- Financial Highlights (PDF, 281KB, 54 pages)
- Media Release (PDF, 44KB, 3 pages)
- Financial Statements (PDF, 274KB, 32 pages)
First Quarter Results
- First Quarter 2004 Results (PDF, 83KB, 5 pages)