Financial results

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

Continuing Operations 2020
$m
2019
$m
20181
$m
2017
$m
2016
$m
Total income (excluding finance income) 26,161 27,807 28,841 28,205
27,050
EBITDA2 8,905 7,984 10,197 10,679
10,465
EBIT 3,567 3,702 5,727 6,238
6,310
Profit for the period from continuing operations 1,839 2,149 3,557 3,874 3,832
Profit for the period from discontinued operations3 - - - - 2,017
Profit for the period from continuing and discontinued operations 1,839 2,149 3,557 3,874
5,849
Dividends declared per share (cents) 16.0 16.0 22.0 31.0 31.0
Total assets 44,403 42,589 42,634 42,133
43,286
Gross debt 17,343 15,331 15,368 16,218
16,009
Net debt 16,844 14,727 14,739 15,280
12,459
Total equity 15,147 14,530 14,556 14,560
15,907
Capital expenditure4 3,233 4,140 4,717 4,606 4,045
Free cashflow from continuing and discontinued operations 4,034 3,068 4,695 3,496
5,926
Earnings per share from continuing and discontinued operations (cents) 15.3 18.1 30.0 32.5
47.4
Dividend payout ratio (%)5 99 88 73 95 65
  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. Profit for the year from discontinued operations for FY16 included both Sensis and Autohome Group results.
  4. 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.
  5. Dividend payout ratio from continuing and discontinued operations. Dividend payout ratio from continuing operations FY16: 98%.

 

151

2020

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 via livestream 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