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TELSTRA GROUP LIMITED Interim / Quarterly Report 2005
65927_rns_2005-04-19_e9fe9ec6-bf01-4a56-aa46-2cc06b135988.pdf
Interim / Quarterly Report
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20 April 2005
The Manager
Company Announcements Office Australian Stock Exchange 4th Floor, 20 Bridge Street SYDNEY NSW 2000
Office of the Company Secretary
Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA
Telephone 03 9634 6400 Facsimile 03 9632 3215
ELECTRONIC LODGEMENT
Dear Sir or Madam
Telstra Corporation Limited 04/05 Third Quarter Market Update
In accordance with the listing rules, I attach an announcement for release to the market.
The CEO and CFO have pre-recorded their comments on the 3rd Quarter revenue performance. This commentary will be available on Telstra's Corporate Communications Centre and can be access via the following URL http://www.telstra.com.au/communications/calendar/calendarevent.cfm?ObjectID=8 $01$
Yours sincerely
North brake
Douglas Gration Company Secretary
Telstra Corporation Limited ACN 051 775 556 ABN 33 051 775 556
Telstra Corporation Limited 04/05 Third Quarter Market Update
Continuing solid revenue growth
Highlights for the third quarter and the nine-month period to 31 March 2005
- Reported sales revenue grew by 6.5% in the third quarter and 7.4% to \$16.6 billion year to date s
- Underlying sales revenue grew by 3.3% in the third quarter and 4.3% to \$16.1 billion year to date ÷
- Underlying domestic sales revenue growth of 2.8% in the third quarter and 4.0% to \$15 billion year to $\bullet$ date
- Internet & IP Solutions revenue grew by 38% in the third quarter and 35% or \$251 million year to date s
- Mobiles revenue grew by 7.6% in the third quarter and 8.3% or \$238 million year to date ×
- Underlying advertising and directories revenue grew by 15% in the third quarter and 8.3% or \$83 $#$ million year to date
- A total of 246,000 broadband subscribers (retail and wholesale) were added in the third quarter
- Total mobile subscribers reached 8.1 million, an increase of 76,000 in the third quarter
Telstra Corporation Limited 04/05 Third Quarter Market Update
Overview
Quarter ended 31 March 2005:
Reported total revenue increased by 7.6% or \$391 million to \$5,521 million, which included increased revenue of \$155 million generated by recently acquired entities and \$87 million from investment and property sales. Reported sales revenue increased by 6.5% or \$326 million to \$5,340 million.
Underlying1 total revenue increased by 2.8% or \$141 million to \$5,208 million. Underlying1 sales revenue increased by 3.3% or \$163 million to \$5,169 million due to growth in broadband, mobiles, pay TV bundling, advertising and directories, and offshore business activities offset by a decline in PSTN calling products as migration to other products occurs. Underlying1 domestic sales revenue increased by 2.8% or \$132 million to \$4,785 million.
The third quarter results include the impact of an early Easter in 2004/05 and a leap year in 2003/04 resulting in 3 less working days than the prior corresponding period.
Nine months ended 31 March 2005:
Reported total revenue increased by 5.9% or \$947 million to \$16,903 million which included increased revenue of \$485 million generated by recently acquired entities and a decline in revenue from investment and property sales of \$108 million. Reported sales revenue increased by 7.4% or \$1,145 million to \$16,615 million.
Underlying1 total revenue increased by 3.6% or \$570 million to \$16,242 million. Underlying1 sales revenue increased by 4.3% or \$660 million to \$16,122 million due to growth in broadband, mobiles, pay TV bundling, advertising and directories, offshore business activities and other sales & service offset by a decline in PSTN calling products as migration to other products occurs. Underlying1 domestic sales revenue increased by 4.0% or \$569 million to \$14,961 million.
The following details the Telstra group revenue result for the quarter ended 31 March 2005.
Footnotes:
All percentages relate to growth on prior corresponding period (PCP)
All statistical data represents management's best estimates and excludes all Telstra internal usage statistics
Underlying results are produced to allow like for like comparison by removing those items that are: not of a comparable nature owing to structural changes to the business
such as acquisitions; significant and non recurring $(1)$ Underlying numbers exclude proceeds from property and investment sales and revenues from the acquisitions of Trading Post, KAZ Group, PSINet Group, Damovo and Universal Publishers
04/05 Third Quarter Market Update 20 April 2005
Mobiles
Total mobiles revenue, including wholesale mobiles, grew by 7.6% or \$71 million for the quarter, with growth of 8.3% or \$238 million for the nine months ended 31 March 2005.
Mobile services revenue increased by 7.6% or \$65 million for the quarter. Growth of 8.5% or \$220 million was achieved for the nine months. Increases for the quarter were comprised of access fees and call revenues of \$21 million, value added services of \$41 million and wholesale services of \$3 million.
Access fees and call revenue growth of 3.3% or \$21 million for the quarter, due to the increase in mobile services in operation of 12% to 8.1 million and increases in mobile voice minutes of 5.6%. Yields have declined due to the impact of promotions such as FreeChat, FlatChat, Free24/7, 18 cents per 5 minutes and capped plans which is reflective of the competitive mobiles environment. These initiatives have impacted the yield for both prepaid and postpaid products. The increases for the quarter were attributable to:
- Growth in prepaid revenues of 2.9% or \$3 million reflecting a 27% increase in the prepaid services base and an increase in calling minutes of 12%. The reduction in yield is attributable to the increased usage of discounts, which are provided in the form of bonus options that are taken up by the customer on Telstra Prepaid Plus such as 1c per minute and double recharge. In addition, the third quarter saw lower than average additions to prepaid services from lower activations and higher deactivations as the variety of consumer offers increased and competition intensified.
- Growth in postpaid revenues of 3.2% or \$18 million due to the growth in postpaid services of 3.5% and postpaid calling minutes of 4.9% offset by yield reductions due to the above mentioned chat promotions.
Increase in value added services for the quarter was achieved by:
- Growth in mobile data revenue of 15% or \$17 million, attributable to:
- Short Message Service (SMS) growth of 8.0% or \$8.3 million as the number of messages grew by 14% to 567 million. Yield reductions resulted from increased discounting initiatives such as Telstra Rewards and Bonus Options which provide free text and picture messages or 15c text messages;
- Other mobile data growth of 79% or \$9.0 million due to growth in General Packet Radio Service 玂 (GPRS) usage including Telstra wireless access protocols (WAP). Data transmission volumes have increased as GPRS phones and hand held computers such as the Blackberry continue to grow momentum in the corporate segment.
- 45 International roaming revenue growth of 53% or \$21 million for the quarter due to increase in inbound roaming pricing and increased inbound activity due to the continuing growth in international travel.
- æ Messagebank revenue increased by 6.7% or \$3 million.
Mobile handset revenue achieved growth of 7.6% or \$6 million with 6.8% or \$18 million for the nine months ended 31 March 2005. Growth for the quarter was attributable to the increased sales of prepaid phones driven by the growth in the number of prepaid customers.
Internet and IP
Internet and IP solutions revenue grew by 38% for the quarter driven by a \$76 million increase in broadband revenue. For the nine months ended 31 March 2005 revenue grew by 35% or \$251 million.
- BigPond $^{\text{TM}}$ broadband revenue grew by \$44 million for the guarter due to a 112% increase in subscribers across ADSL and cable. The growth of this product is attributable to increased internet usage, self install kits and successful broadband marketing campaigns which included new pricing plans. Business DSL has also contributed to the revenue growth with large contract wins and migration to the newer technology. For the nine month period revenue has increased by 64% or \$125 million.
- Wholesale broadband revenue increased by \$32 million for the quarter. Wholesale DSL Layer 2 revenue grew by \$39 million due to a 240% increase in SIOs offset by reduced yields resulting from competitive pricing pressures. Flexstream revenue declined due to decreased SIOs as customers migrate to other data products and significant yield reductions aimed at customer retention. Wholesale broadband revenue grew by 79% or \$78 million for the nine month period.
- Narrowband revenue, representing dial-up internet, has declined by \$7 million despite negligible movement in SIOs. This is due to significant price competition in the market and the migration of high yield users to broadband services. For the nine month period dial-up internet revenue has decreased by 4.1%.
- IP solutions revenue grew by \$16 million for the quarter due to increased IP MAN/Ethernet revenue from major contract wins and extension of coverage on existing services in the government sector. IP WAN revenue also improved due to major network expansions for large corporate contracts as customers migrate from older product technologies such as frame relay and ISDN. IP Solutions revenue has increased by 36% or \$39 million for the nine month period.
PSTN Products
PSTN products revenue has decreased by 4.8% to \$1,873 million for the quarter. For the nine months ended 31 March 2005 PSTN products revenue has decreased by 2.8% to \$5,845 million. The increase in basic access revenue from the continued impact of rebalancing initiatives has been offset by a decline in basic access lines and volume reductions across the calling products. Calling product volumes were impacted by the timing of the Easter holiday period.
- Basic access revenues grew by 4.5% to \$831 million for the quarter due to a price increase in June 2004 as part of the rebalancing initiatives offset by a decline in the number of basic access lines due to competition and migration to other products such as ISDN, broadband and mobiles. For the nine month period basic access revenues grew by 5.2% or \$126 million.
- Local call revenue has decreased by 18% for the quarter reflecting a 12% reduction in the number of calls due to product substitution to mobiles, fixed to mobiles, internet and ISDN products. Yield has declined by 7% due to competitive prices across all market segments and package discounts offered in the consumer market. Consumer churn to wholesale has also contributed to a lower yield. Local call revenue has declined by 14% for the nine months ended 31 March 2005.
- National long distance revenue decreased by 12% for the quarter attributable to an 11% reduction in call minutes due to shorter call durations and product substitution to mobiles, fixed to mobile, internet and ISDN. Yield has also declined due to increased capped calling rates and competitive pricing pressures offset by flagfall increases. For the nine month period national long distance revenue has reduced by 9.9%.
- Fixed to mobile revenue has declined by 5% for the quarter attributable to a lower yield resulting from increased competitive pricing pressures in the business sector offset by a higher yield in the consumer market due to flagfall increases. The minutes of use increased 0.5% for the quarter. Fixed to mobile revenue has declined by 1.8% for the nine month period.
- International direct® revenue has reduced by 14% for the quarter attributable to a 12% decline in the number of call minutes and a slight decline in yield. This reduction was due to the continued migration to aggressively priced prepaid calling cards and customers using other products such as e-mail and internet chat facilities. For the nine month period international direct revenue has decreased by 12%.
- PSTN value added services revenue was flat for the quarter. The decline in Messagebank® has slowed as the impact of customer migration to Telstra Home Message 101™ was felt mainly in the prior year third quarter. Call Return (*10#) usage declined slightly after an increase in calling number display subscriptions and higher call completion rates although the decline has slowed considerable in the third quarter. PSTN value added services revenue has reduced by 4.1% for the nine months.
Specialised Data
Specialised data revenue decreased by 9.3% for the quarter and 5.8% for the nine-month period, reflecting a decline in mature products such as Leased Lines and DDS (Digital Data Services) where customers have migrated to newer technologies. Frame relay revenue declined, although SIOs have increased as more customers take up IP WAN for which frame relay is the premium access. ATM revenue has increased, despite being in the mature phase of its life cycle, due to increased SIOs and the reallocation of some revenue previously included in frame relay.
ISDN Products
ISDN revenue has declined by 4.8% or \$11 million for the quarter and 4.3% or \$30 million for the nine-month period. This includes a 27% or \$14 million decrease in ISDN data call revenue for the quarter as corporate customers continued to migrate to more technologically advanced products such as IP products. This is partly offset by growth in ISDN access revenue of 5% or \$5 million due to the penetration into the SME and consumer markets for ISDN. The number of services grew by 6.3%.
Advertising & Directories
Reported advertising and directories revenues, including revenue generated by Trading Post, increased by \$72 million for the quarter and \$196 million for the nine month period. After excluding Trading Post revenues, underlying advertising and directories revenue increased by 15% or \$35 million for the quarter and 8.3% or \$83 million for the nine month period.
For the quarter Yellow Pages revenue has increased by 8.6% or \$15 million attributable to the introduction of full-page advertising options into additional categories in regional books. White Pages revenue grew by 22% or \$10 million due to the continued success of additional colour listing options and higher customer yields in regional books. Other directory products grew by 50% mainly in the area of online advertising and location and navigation products from additional customers.
Intercarrier Services
Intercarrier services revenue grew by 2.3% for the quarter and 2.8% for the nine month period. SMS interconnect revenue and wholesale roaming revenue both increased due to higher volumes. Facilities access revenue increased due to higher demand for access to exchanges, equipment and mobile towers as other carriers seek to expand their infrastructure. These increases were offset by a decline in PSTN terminating revenues due to a yield reduction arising from price rebalancing initiatives and a decline in volumes. Mobiles terminating revenues declined for the quarter due to regulatory driven pricing changes, partly offset by higher volumes from increased mobile services.
Solutions Management
Reported solutions management revenue increased by 79% or \$95 million for the quarter. This includes revenue generated by the KAZ group of \$84 million and Damovo of \$3 million. Revenue for the nine-month period increased 87% or \$315 million including revenue generated by the KAZ group of \$272 million and Damovo of \$8 million. Telstra acquired the KAZ Group in July 2004 and Damovo in September 2004.
Telstra Corporation Limited and controlled entities
Without the benefit of these acquisitions, underluing solutions management revenues increased by 6.6% or \$8 million for the quarter and 9.6% or \$35 million for nine-month period. The growth is due to the commencement of significant new radio services construction contracts and an increase in managed wide area networks.
Hong Kong CSL
In local currency (HK\$), revenue increased by 8.9% for the quarter and for the nine month period revenue increased by 8.2%. This was achieved through continued strong growth in mobile handset sales due to the move into new market segments and the launch of new handset models with advanced features; along with strong growth in prepaid, international voice and data revenue through MMS handsets and innovative content applications. These increases have been partially offset by a continuing decline in local voice revenue as a result of the aggressive price competition.
In Australian dollars, revenues increased by 7.2% or \$12 million for the quarter, which also includes and adverse exchange rate impact of \$3 million. For the nine month period revenue increased by 2.8% or \$15 million with the exchange rate impact adversely affecting results by \$30 million.
TelstraClear
Total revenue growth of 3.0% or NZ\$5 million was achieved for the quarter and for the nine month period revenue increased by 3.3% or NZ\$16 million. On a stand-alone basis, including intercompany revenue, TelstraClear revenue increased by 3.0% for the quarter and 3.7% for the nine months. Revenue growth was achieved from continued strong retail revenue growth, particularly in the business and government sector and a strong consumer growth from increased PSTN on-net charges and homeplan. This was partially offset by a decrease in wholesale due to rate reductions with international carriers in the wholesale market.
In Australian dollars revenue increased by 9.7% or \$14 million for the quarter and for the nine month period increased by 8.2% or \$35 million, the exchange rate impact positively affected results by \$15 million.
Offshore Services Revenue
Reported offshore revenue has increased by 76% or \$28 million for the quarter and included revenue generated by PSINet of \$21 million. For the nine months reported revenue increased 117% or \$99 million and included PSINet revenue of \$51 million. Telstra acquired PSINet in August 2004.
Underlying offshore revenue grew by 19% or \$7 million for the quarter and for the nine month period increased by 57% or \$48 million. This is primarily due to Global Sales acquiring the customer & network bases from Powergen and Cable Telecom in the UK in October 2003 and February 2004 respectively.
Telstra Corporation Limited and controlled entities
Inbound calling products
Inbound calling products revenue declined by 8.3% for the quarter. For the nine month period revenue decreased by 4.5%. Competitive market pressures on prices have resulted in a decline in net yield and the customer base.
Pay TV Bundling
There has been continued rapid growth in Pay TV bundling with revenue increasing by 73% or \$30 million for the quarter and 81% or \$86 million for the nine-month period. Telstra's bundled Foxtel subscribers have increased by 25% to 273,000. Telstra now has 52,000 Austar bundled subscribers. The growth in services is due to the introduction of digital TV and a change to the packaging and bonus option introduced in June 2004.
Pauphones
Payphone revenue has declined by 19% or \$7 million for the quarter and 15% or \$16 million for the ninemonth period. This is from a combined effect of the loss of payphone provisioning contracts and lower usage because of product substitution to prepaid calling cards and mobile phones.
Customer Premises Equipment
Reported customer premises equipment revenue increased by 28% or \$13 million for the quarter and 21% or \$29 million for the nine-month period. This includes revenue generated from PABX equipment sales for Damovo, which was acquired in September 2004.
Underlying customer premises equipment revenue decreased by \$6 million for the quarter and \$10 million for the nine-month period. This is a combined effect of retail competition for fixed line handset sales and product substitution to mobiles.
Other Sales & Services
Reported other sales and services revenue grew by 24% or \$36 million for the quarter and included a reduction to revenue of \$1 million in the KAZ group, acquired by Telstra in July 2004. For the nine month period reported other sales and services revenue increased by 31% or \$135 million and included revenue of \$2 million generated by the KAZ group.
Underlying other sales and services revenue grew by 25% or \$37 million for the quarter. This included revenue growth from miscellaneous revenue with the introduction of payment processing fees on customer credit card payments \$6 million and increased overdue account fees \$7 million, commercial recoverable works \$8 million including Foxtel Pay TV digital conversion, and external construction revenue \$8 million due to increased focus on building and targeting network construction markets. For the nine month period underlying sales and services revenue grew 31% or \$133 million which also included a negative prior period accounting adjustment and growth in HFC Cable usage revenue from Foxtel reflecting increased product demand.
Other Revenue
Reported other revenue increased by 56% or \$65 million for the quarter, which included the sale of our interests in Intelsat, Ltd and Infonet Services Corporation. Underlying other revenue decreased by 36% or \$22 million for the quarter due to the reduction of government receipts from grants and other miscellaneous refunds.
Reported other revenue decreased 41% or \$198 million for the nine months ended 31 March 2005 due to the reduction of proceeds from investment sales of \$165 million, which included the prior year sale of IBMGSA for \$154 million. Underlying other revenue decreased by 43% or \$90 million for the nine months due to the sale of mid range servers in the prior year and lower other non-communications plant sales.
Service
Telstra continues to provide high service levels across Australia as evident in the recent Australian Communications Authority report for the December 2004 quarter. National Customer Service Guarantee (CSG) performance for connections was 92% and fault repairs 91%. CSG performance was above 90% in all categories, urban, rural and remote areas.
Outlook
The third quarter trading results are in line with our aspirations to lift revenues close to industry growth rates. In an environment of aggressive price competition and our changing revenue mix we continue to drive productivity improvements everywhere and contain costs to deliver EBITDA and EBIT growth.
For enquiries on this announcement please contact:
John Stanhope Chief Financial Officer Telstra Corporation Limited David Anderson General Manager, Investor Relations Telstra Corporation Limited Phone: 61 3 9634 8632 Email: [email protected]
Market Update
for three months ending 31 March 2005
| Q3 04/05 Reported |
Q3 04/05 Underlying |
Q3 03/04 Reported |
Q3 03/04 Underlying |
Reported Growth % |
Underlying Growth % |
Underlying Movement |
|
|---|---|---|---|---|---|---|---|
| \$ millions | |||||||
| Mobiles | |||||||
| Mobile services | 918 | 918 | 853 | 853 | 7.6 | 7.6 | 65 |
| Mobile handsets | 85 | 85 | 79 | 79 | 7.6 | 7.6 | 6 |
| Total Mobiles | 1,003 | 1,003 | 932 | 932 | 7.6 | 7.6 | 71 |
| Internet and IP solutions | |||||||
| BigPond narrowband | 67 | 67 | 74 | 74 | (9.5) | (9.5) | (7) |
| BigPond broadband Wholesale broadband |
116 71 |
116 71 |
72 39 |
72 39 |
61.1 82.1 |
61.1 82.1 |
44 32 |
| Wholesale internet direct and data | 8 | 8 | 4 | 4 | 100.0 | 100.0 | 4 |
| Internet direct | 29 | 29 | 26 | 26 | 11.5 | 11.5 | 3 |
| IP solutions | 54 | 54 | 38 | 38 | 42.1 | 42.1 | 16 |
| Other | 6 | 6 | 2 | $\overline{z}$ | 200.0 | 200.0 | 4 |
| Total Internet and IP solutions | 351 | 351 | 255 | 255 | 37.6 | 37.6 | 96 |
| PSTN Products | |||||||
| Basic access | 831 | 831 | 795 | 795 | 4.5 | 4.5 | 36 |
| Local calls | 302 | 302 | 370 | 370 | (18.4) | (18.4) | (68) |
| PSTN value added services | 62 | 62 | 62 | 62 | 0.0 | 0,0 | 0 |
| National long distance calls | 244 | 244 | 278 | 278 | (12.2) | (12.2) | (34) |
| Fixed to mobile International direct |
378 56 |
378 56 |
398 65 |
398 65 |
(5.0) (13.8) |
(5.0) (13.8) |
(20) (9) |
| Total PSTN | 1,873 | 1,873 | 1,968 | 1,968 | (4.8) | (4.8) | (95) |
| Specialised Data | 234 | 234 | 258 | 258 | (9.3) | (9.3) | (24) |
| ISDN Products | 218 | 218 | 229 | 229 | (4.8) | (4.8) | (11) |
| Advertising and Directories | 314 | 269 | 242 | 234 | 29.8 | 15.0 | 35 |
| Intercarrier services | 272 | 272 | 266 | 266 | 2.3 | 2.3 | 6 |
| Solutions management | 216 | 129 | 121 | 121 | 78.5 | 6.6 | 8 |
| HK CSL | 179 | 179 | 167 | 167 | 7.2 | 7.2 | 12 |
| TelstraClear | 158 | 158 | 144 | 144 | 9.7 | 9.7 | 14 |
| Offshore Services Revenue | 65 | 44 | 37 | 37 | 75.7 | 18.9 | 7 |
| Inbound calling products PayTV Bundling |
110 71 |
110 71 |
120 41 |
120 41 |
(8.3) 73.2 |
(8.3) 73.2 |
(10) 30 |
| Customer premises equipment | 60 | 41 | 47 | 47 | 27.7 | (12.8) | ${6}$ |
| Payphones | 29 | 29 | 36 | 36 | (19.4) | (19.4) | (7) |
| Other sales & services | |||||||
| Telstra Information & Connection Services | 32 | 32 | 30 | 30 | 6.7 | 6.7 | Ż |
| Card Services | 13 | 13 | 14 | 14 | (7.1) | (7.1) | (1) |
| Security products | 13 | 13 | 13 | 13 | 0.0 | 0.0 | o |
| Customnet & Spectrum | 27 | 27 | 30 | 30 | (10.0) | (10.0) | (3) |
| HFCCable TV | 15 | 15 | 13 | 13 | 15.4 | 15.4 | Ż |
| Commercial & Recoverable Works | 15 | 15 | 7 | 7 | 114.3 | 114.3 | 8 |
| External Construction | 21 | 21 | 13 | 13 | 61.5 | 61.5 | 8 |
| Other | 51 | 52 | 31 | 31 | 64.5 | 67.7 | 21 |
| Total Other sales & services | 187 | 188 | 151 | 151 | 23.8 | 24.5 | 37 |
| Total Sales revenue | 5,340 | 5,169 | 5,014 | 5,006 | 6.5 | 3.3 | 163 |
| Other revenue | 181 | 39 | 116 | 61 | 56.0 | (36.1) | (22) |
| Total revenue | 5,521 | 5,208 | 5,130 | 5,067 | 7.6 | 2.8 | 141 |
| Domestic Sales Revenue | 4,934 | 4,785 | 4,661 | 4,653 | 5.9 | 2.8 | 132 |
| Selected Statistical Data | |||||||
| Mobile voice telephone minutes | 1,641 | 1,554 | 5.6 | 87 | |||
| Short Message Service (SMS) (number of messages) | 567 | 499 | 13.6 | 68 | |||
| Mobile services in operation (thousands) | 8,059 | 7,169 | 12.4 | 890 | |||
| Broadband Retail subscribers | 718 | 338 | 112.4 | 380 | |||
| Broadband Wholesale subscribers Total Broadband subscribers (thousands) |
761 1,479 |
281 619 |
170.8 138.9 |
480 860 |
|||
| Narrowband subscribers (thousands) | 1,202 | 1,197 | 0.4 | 5 | |||
| Basic access lines in service | 10.17 | 10.34 | (1.6) | (0.17) | |||
| Local calls (number of calls) | 2,045 | 2,324 | (12.0) | (279) | |||
| National long distance minutes | 1,890 | 2,128 | (11.2) | (238) | |||
| Fixed to mobile minutes | 1,075 | 1,070 | 0.5 | 5 | |||
| International direct minutes | 141 | 161 | (12.4) | (20) | |||
| ISDN access (basic lines equivalents) (thousands) | 1,329 | 1,250 | 6.3 | 79 |
Footnotes:
All percentages relate to growth on prior correspoinding period (PCP)
Underlying excludes property and investment sales and the impoct of Trading Post, KAZ Group, PSInet Group, Damovo and Universal Publishers acquisitions.
Statistical data is represented in millions unless otherwise stated, and represents management's best estimates.
Market Update
for nine months ending 31 March 2005
| Q3 04/05 Reported |
Q3 04/05 Underlying |
Q3 03/04 Reported |
Q3 03/04 Underlying |
Reported Growth % |
Underlying Growth % |
Underlying Movement |
|
|---|---|---|---|---|---|---|---|
| \$ millions | |||||||
| Mobiles | |||||||
| Mobile services | 2,814 | 2,814 | 2,594 | 2,594 | 8.5 | 8.5 | 220 |
| Mobile handsets | 283 | 283 | 265 | 265 | 6.8 | 6.8 | 18 |
| Total Mobiles | 3,097 | 3,097 | 2,859 | 2,859 | 8.3 | 8.3 | 238 |
| Internet and IP solutions | |||||||
| BigPond narrowband | 209 | 209 | 218 | 218 | (4.1) | (4.1) | (9) |
| BigPond broadband | 319 | 319 | 194 | 194 | 64.4 | 64.4 | 125 |
| Wholesale broadband | 177 | 177 | 99 | 99 | 78.8 | 78.8 | 78 |
| Wholesale internet direct and data | 21 | 21 | 11 | 11 | 90.9 | 90.9 | 10 |
| Internet direct | 90 | 90 | 87 | 87 | 3.4 | 3.4 | 3 |
| IP solutions | 148 | 148 | 109 | 109 | 35.8 | 35.8 | 39 |
| Other | 11 | 11 | 6 | 6 | 83.3 | 83.3 | 5 |
| Total Internet and IP solutions | 975 | 975 | 724 | 724 | 34.7 | 34.7 | 251 |
| PSTN Products Basic access |
5.2 | 126 | |||||
| Local calls | 2,531 991 |
2,531 991 |
2,405 | 2,405 1,148 |
5.2 (13.7) |
(13.7) | (157) |
| PSTN value added services | 188 | 188 | 1,148 196 |
196 | (4.1) | (4.1) | (8) |
| National long distance calls | 771 | 771 | 856 | 856 | (9.9) | (9.9) | (85) |
| Fixed to mobile | 1,184 | 1,184 | 1,206 | 1,206 | (1.8) | (1.8) | (22) |
| International direct | 180 | 180 | 204 | 204 | (11.8) | (11.8) | (24) |
| Total PSTN | 5,845 | 5,845 | 6,015 | 6,015 | (2.8) | (2.8) | (170) |
| Specialised Data | 729 | 729 | 774 | 774 | (5.8) | (5.8) | (45) |
| ISDN Products | 671 | 671 | 701 | 701 | (4.3) | (4.3) | (30) |
| Advertising and Directories | 1,202 | 1,081 | 1,006 | 998 | 19.5 | 8.3 | 83 |
| Intercarrier services | 852 | 852 | 829 | 829 | 2.8 | 2.8 | 23 |
| Solutions management | 679 | 399 | 364 | 364 | 86.5 | 9.6 | 35 |
| HK CSL | 559 | 559 | 544 | 544 | 2.8 | 2.8 | 15 |
| TelstraClear | 462 | 462 | 427 | 427 | 8.2 | 8.2 | 35 |
| Offshore Services Revenue | 184 | 133 | 85 | 85 | 116.5 | 56.5 | 48 |
| Inbound calling products | 341 | 341 | 357 | 357 | (4.5) | (4.5) | (16) |
| PayTV Bundling | 192 | 192 | 106 | 106 | 81.1 | 81.1 | 86 |
| Customer premises equipment | 167 | 128 | 138 | 138 | 21.0 | (7.2) | (10) |
| Payphones | 92 | 92 | 108 | 108 | (14.8) | (14.8) | (16) |
| Other sales & services | |||||||
| Telstra Information & Connection Services | 102 | 102 | 93 | 93 | 9.7 | 9.7 | a |
| Card Services | 45 | 45 | 50 | 50 | (10.0) | (10.0) | (5) |
| Security products | 39 | 39 | 38 | 38 | 2.6 | 2.6 | 1 |
| Customnet & Spectrum | 84 | 84 | 84 | 84 | 0.0 | 0.0 | 0 |
| HFCCable TV | 51 | 51 | 35 | 35 | 45.7 | 45.7 | 16 |
| Commercial & Recoverable Works External Construction |
44 | 44 | 22 | 22 | 100.0 | 100.0 | 22 |
| Other | 61 142 |
61 140 |
47 64 |
47 64 |
29.8 121.9 |
29.8 118.8 |
14 76 |
| Total Other sales & services | 568 | 566 | 433 | 433 | 31.2 | 30.7 | 133 |
| Total Sales revenue | 16,615 | 16,122 | 15,470 | 15,462 | 7.4 | 4.3 | 660 |
| Other revenue Total revenue |
288 16,903 |
120 16,242 |
486 15,956 |
210 15,672 |
(40.7) 5.9 |
(42.9) 3.6 |
(90) 570 |
| Domestic Sales Revenue | 15,401 | 14,961 | 14,400 | 14,392 | 7.0 | 4.0 | 569 |
| Selected Statistical Data | |||||||
| Mobile voice telephone minutes | 5,045 | 4,565 | 10.5 | 480 | |||
| Short Message Service (SMS) (number of messages) | 1,709 | 1,427 | 19.8 | 282 | |||
| Mobile services in operation (thousands) | 8,059 | 7,169 | 12.4 | 890 | |||
| Broadband Retail subscribers | 718 | 338 | 112.4 | 380 | |||
| Broadband Wholesale subscribers | 761 | 281 | 170.8 | 480 | |||
| Total Broadband subscribers (thousands) Narrowband subscribers (thousands) |
1,479 | 619 | 138.9 | 860 5 |
|||
| Basic access lines in service | 1,202 10.17 |
1,197 10.34 |
0.4 (1.6) |
(0.17) | |||
| Local calls (number of calls) | 6,457 | 7,155 | (9.8) | (698) | |||
| National long distance minutes | 5,868 | 6,471 | (9.3) | (603) | |||
| Fixed to mobile minutes | 3,281 | 3,169 | 3.5 | 112 | |||
| International direct minutes | 445 | 499 | (10.3) | (54) | |||
| ISDN access (basic lines eavivalents) (thousands) | 1.329 | 1.250 | 6.3 | 79 |
Footnotes:
All percentages relate to growth on prior correspoinding period (PCP)
Underlying excludes property and investment sales and the impoct of Trading Post, KAZ Group, PSInet Group, Damovo and Universol Publishers acquisitions.
Statistical data is represented in millions unless otherwise stated, and represents management's best estimates.
Refer to page 14 for product reconciliation details to align prior period comparative figures.
Telstra Corporation Limited (ABN 033 051 775 556) [2012 12:33 | 2013 [2013 12:43 | 2014 12:53 | 2014 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Quarterly Data Quarter Ended 31 March 2005
| Ummary Underlying Coarterly Data | LQ U | otrpcp | G21 | OTR PCP | Half 1 | YED PEP | $-23$ | OTR PCP | Q2 11D | DIRPOR | ĐG. | OTRACK | T PALEY HOZ | YTD PCP | OLI | OTRPCP | ЮZ | OTR PCP | Holf I | YTD PCP | - 63 | QIR | YTDE | YTD ROL |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| evenue | Sepred : | Sen-83 | Dec-03: | $D = 63$ | DEC-03 | $D_{R4} - 0.9$ | Mar-041 | Mar-86 | M21-04 | Mar-84 | Jon-041 | $J$ un-04 | $J$ igre- $46$ | 1141-06 | Sen-06 | Sep-657 | $Dec-04$ | Dec-04 | $D = C - D + 1$ | Dec-04 | Mar-05 | Mar-05 | $Max-0.5$ | 6403-05 |
| sobiles: | ||||||||||||||||||||||||
| Mobile services | 848 | 3.43 | 493 | 9.2% | 1,740 | 6.2% | 853 | 9.6% | 2.594 | 7.4% | 877 | 6.68 | 3,420 | 7.3% | 928 | 9.4% | 968 | 8.4% | 1,896 | 9.0% | 918 | 7.6% | 2,814 | 8.5% |
| Mobile hondset: pteil Mobiles |
97 94\$ |
40.6% -6.3% |
-89 982 |
\$12.79 6.7% |
186 \$,926 |
8.1% 6.4% |
79 932 |
(24.0% 5.7% |
265 2,859 |
14.0% 6.2% |
87 964 |
(28.9% 3.3% |
352 3,822 |
(8.8%) 5.4% |
95 \$,023 |
12.1% B.3% |
103 1,671 |
15.7% 9.1% |
198 2,084 |
8.5% 8.7% |
85 1,003 |
7.6% 7.6% |
283 3,097 |
6.8% 8.3% |
| sternet and IP solutions | 237 | 24.7% | 231 | 14.9% | 466 | 19.7% | 255 | 28.8% | 724 | 22.9% | 289 | 26.8% | 1,013 | 24.0% | 310 | 30.8% | 314 | 35.9% | 624 | 33.3% | 351 | 37.6% | 935 | 34.7% |
| STAI products | ||||||||||||||||||||||||
| Busic access | 781 | 3.4% | 819 | 3.5% | 1,610 | 3.5% | 795 | 2.2% | 2,405 | 3.0% | 832 | 11.2% | 3,237 | -S.OK | 853 | 7.8% | 847 | 3.4% | 1,700 | 5.6% | 831 | 4.5% | 2,531 | 5.2% |
| Local calls PSTN volve added service |
394 -58 |
(0.8% -9.9% |
384 -66 |
(3.8% (10.8) |
778 134 |
(2.3% (5.0% |
370 62 |
13.6% (12.7% |
1,348 - 196 |
(2.7%) (7.5%) |
356 -62 |
(8.0% ${7.4%}$ |
1,504 259 |
64.0% (7.5% |
354 -63 |
(10.2%) (7.4%) |
33\$ 63 |
(12.8% (4.5% |
689 126 |
(15.4% (6.0% |
302 62 |
(10.4%) 0.0% |
991 188 |
(13.7% (4.1% |
| Notional loisa distance caus | 282 | 2.5% | 286 | (4.0% | 578 | (0.7% | 278 | (3.8% | 856 | (1.6%) | 26\$ | (9.2% | 1,121 | (3.5% | 265 | (9.2% | 262 | (8.4% | \$27 | (8.8%) | 244 | $(12.2\%)$ | 731 | (9.9% |
| Axed to mobile | 482 -58 |
8.4% | 407 -71 |
6.5% | 808 | 7.3% | 398 | 6.1% | 1,206 | 6.9% | 391 | 0.S% | 1,597 | 5.3% | 399 | (0.7%) | 407 | 0.0% | 856 | (0.2%) | 338 | $(5.0\%)$ | 1,184 | (1.8% |
| international direct ptal PSTM products |
2,015 | (15.88 2.8% |
2,033 | (12.3% 0.4% |
139 4,047 |
13.7% 1.5% |
65 1,968 |
(11.09) $0.0\%$ |
204 6,015 |
(13.2%) 0.9% |
62 1,959 |
12.7% 9.7% |
266 7,986 |
í 13.48 9.9% |
81 1,995 |
(10.3%) (3.0%) |
63 1,977 |
(11.3% (2.8% |
124 3,972 |
(10.8% (5.9% |
56 1,873 |
(13.8% (4.8%) |
180 5,845 |
(11.8% (2.8% |
| ato and interne | ||||||||||||||||||||||||
| gec 985ed Dats | 254 | (2.9% (3.6% |
253 | (7.3% (2.9% |
-517 | (5.3% (3.3% |
258 | (5.1% 1.8% |
774 | (9.3%) (1.8%) |
260 | (7.5% (1.3% |
1,035 | (5.7% (1.5% |
246 | (6.8%) (3.3% |
249 | (1.6% (5.3% |
485 | (4.1%) (4.2% |
234 | (9.3%) (4.8%) |
729 | (9.8% (4.3% |
| DN Products dvertising and Directories |
239 182 |
7.7% | 234 583 |
3.4% | 473 764 |
4.5% | 229 234 |
9.3% | 203 998 |
5.7% | 225 301 |
16.3% | 927 1,298 |
6.7% | 231 233 |
17.0% | 222 599 |
3.1% | 453 822 |
6.3% | 218 269 |
15.0% | 621 1,381 |
8.3% |
| Xerconier service | 278 | (6.3% | 284 | (0.7% | 563 | (3.3% | 266 | (2.9% | 429 | (3.2%) | 234 | (2.3%) | 1,103 | (2.9% | 277 | (0.4%) | 303 | 6.7% | 580 | 3.0% | 232 | 2.3% | 852 | 2.8% |
| ขนปาดทรากตศตตุตศาลท | 129 | 13.2% | 13 | (9.6% | 243 | 1.7% | 121 | 7.1% | 364 | 3.4% | 144 | 6.7% | 508 | 4.3% | 140 | 8.5% | 130 | 15.0% | 270 | 11.1% | 129 | 8.6% | 399 | 9.6% |
| long Kong CSL elstraClear |
191 142 |
(21.7% 2.9% |
186 140 |
(22.5% 3.7% |
37? 282 |
(22.3% 3.3% |
167 144 |
$(33.3\%)$ 2.1% |
544 427 |
$(28.2\%$ 3.1% |
182 148 |
0.6% 10.43 |
726 534 |
(20.0%) 4.7% |
188 152 |
(3.6%) 7.0% |
192 152 |
3.2% 8.6% |
380 364 |
0.8% 7.8% |
139 158 |
7.2% 9.7% |
559 462 |
2.8% 0.2% |
| ilishare Services Revenu | -38 | (21.7% | 33 | 106.7% | 48 | 26.3% | 37 | \$17.6% | 85 | 45 | 408.0% | 130 | 103.3% | 46 | \$55.6% | 43 | 38.7% | 89 | 85.4% | 44 | 18.9% | 133 | 56.5% | |
| sbours ricalling products | 119 | (5.8% | 118 | (4.09) | 238 | (4.8% | 120 | (3.6% | 357 | (4.09) | 118 | (3.3% | 426 | (3.6% | 137 | (2.7% | 114 | (4.2% | 231 | (2.9% | 110 | (B.3%) | 341 | (4.5% |
| auTV | 29 46 |
(6.3% | -35 46 |
N (9.8% |
65 92 |
-NA $(8.3\%$ |
41 47 |
\$83.3% (4.1% |
106 138 |
(7.4%) | 48 -45 |
182.4% 3.33 |
154 184 |
569.6% (5.2% |
57 42 |
96.6% (0.7% |
64 45 |
82.9% (2.2% |
121 -97 |
86.2% (5.4% |
71 41 |
73.2% (12.8%) |
192 128 |
81.1% (7.2% |
| ustomer premises equipment auphones |
36 | (2.7% | -37 | (2.6% | 72 | (4.0% | 36 | (5.3% | 108 | (4.4%) | 33 | (\$.7%) | 141 | (4.7% | 31 | (13.9%) | 32 | (13.8% | -63 | (12.9% | 29 | $(19.4\%)$ | 92 | (14.8) |
| ther soles & service | 182 | (33.69 | \$19 | 647.39 | 281 | (48.2% | 151 | (25.2% | 433 | (35.7%) | 186 | \$9.7% | 618 | í 29.68 | 1.26 | 9.3% | 202 | 71.2% | 378 | 34.0% | 188 | 24.5% | 566 | 30.7% |
| ales revenue ther revents |
5,032 52 |
0.5% (3.7% |
5,424 42 |
(0.7% (26.3% |
10,456 94 |
(0.3% (15.3% |
5,006 SS. |
0.8% 17.0% |
15,462 348 |
0.2% (5.7% |
5,231 -64 |
3.3% (38.5% |
26,693 213 |
1.0% (18.7% |
5,244 37 |
4.2% 65.1% |
5,769 44 |
5.3% 4.8% |
10,953 81 |
4.8% (45.6% |
5,169 39 |
3.3% $(36.1\%)$ |
16,122 128 |
4.3% (42.9% |
| atol ravenue | 5,084 | 9.5% | 5,466 | (1.0%) | 10,550 | (0.3% | 5,051 | \$10% | 15,611 | 0.1% | 5,295 | 2.5% | 20,906 | 9.7% | 5,281 | 2.8% | 5,753 | 5.3% | 11,034 | 4.0% | 5,208 | 2.8% | 16,242 | 3.6% |
| rlected statistical data ipbile voice telephone minutes |
1,473 | 15.99 | 1,538 | 16.2% | 3,015 | 16.3% | 1,554 | 20.6% | 4,565 | 17.6% | 1,580 | 15.2% | 6,145 | 16.9% | 1,678 | 13.9% | 1,726 | 12.2% | 3,404 | 13.1% | 1,641 | 5.6% | 5,045 | 10.5% |
| hort Message Senace (SMS) (humber of messages) | 439 | 50.5% | 488 | 41.5% | 928 | 45.6% | 499 | 30.1% | 1,427 | 39.8% | 518 | 27.6% | 1,944 | 36.3% | 558 | 27.1% | \$63 | 19.4% | 1,142 | 23.1% | S67 | 13.6% | 1,709 | 19.8% |
| fobile services in operation (thousands). | 5,720 | 14.2% | 6,985 | 14.5% | 6,985 | 14.5% | 7,169 | 13.1% | 7,189 | 13.1% | 7,604 | 15.8% | 7,604 | 15.8% | 2,688 | 14.1% | 7,983 | 14.3% | 7,983 | 14.3% | 8,059 | 12.4% | 8,059 | 12.4% |
| Broadbund Retail subscribers | 257 | 57.8% | 288 | 53.4% | 288 | \$3.4% | 338 | 63.1% | 338 | 61.1% | 427 | 77.8% | -427 | 77.8% | 537 | 100.9% | 622 | 116.2% | -822 | 116.2% | 738 | 112.4% | 718 | 112.4% |
| Broadband Whplesdle subscribe | 172 | 362.5% | 220 | 288.9% | 220 | 289.0% | 281 | 250.9% | 281 | 250.5% | 379 | 213.4% | 379 | 213.4% | 489 | 388.6% | 611 | 177.8% | 631 | 177.7% | 761 | 170.8% | 761 1,479 |
170.8% |
| otal Braddband subscripers (thousands) grtowbond subscribers (thousands) |
439 1,180 |
112.6% 8.99 |
508 1,378 |
107.8% 6.8% |
508 1,378 |
107.8% -6.8% |
619 1,192 |
\$13.9% 5.6% |
639 1,197 |
113.5% 5.6% |
806 1,194 |
123.2% 3.3% |
806 1,194 |
123.2% 3.3% |
1,032 1,209 |
335.1% 2.4% |
1,233 1,201 |
142.9% 1.9% |
1,233 1,201 |
\$42.9% 2.0% |
1,479 1,202 |
\$38.9% 0.4% |
1,202 | 138.9% 0.4% |
| Retall | 8.73 | (3.9% | 8.64 | (3.8) | 4.64 | (3.8% | 8.56 | (3.9% | 8.58 | (3.9% | 8.44 | (4.35) | 8.44 | (4.3% | 8.34 | (4.2%) | 8.21 | (4.9% | 8.23 | (5.0%) | 8.13 | (5.2%) | 8.13 | (5.2% |
| Wholesole | 1.64 | 26.5% | 1.71 | 22.1% | 3.71 | 22.3% | 1.76 | 23.1% | 1.76 | 21.1% | 1.84 | 18.4% | 1.84 | 18.4% | 1.92 | 16.1% | 1.98 | 15.8% | 1.98 | 15.6% | 2.04 | 15.9% | 2.04 | 15.9% |
| usic pocess lines in service ocal calls (number of calls) |
10.35 2,435 |
(0.7% (3.7% |
10.35 2,396 |
(0.3% 13.8% |
10.35 4,833 |
(0.3% (3.7% |
10.34 2,324 |
(0.4% 13.0% |
16.34 7,155 |
$(0.4)$ u) (3.5%) |
10.26 2,242 |
(0.8% \$5.8% |
\$0.2B\$ 9,397 |
(0.8% (4.0% |
10.25 2,233 |
(0.9%) $(8.3\%)$ |
30.19 2,179 |
(1.5% ${5.3%}$ |
10.19 4,432 |
(3.9%) (8.7%) |
30.17 2,045 |
(3.6%) $(12.0\%)$ |
30.17 6,457 |
(3.6% (9.8% |
| latzarra, izrae distance minutes | 2,193 | (6.5% | 2,350 | 16.9% | 4,343 | (6.7% | 2,126 | (8.6% | 6,471 | (6.7%) | 2,049 | (8.0% | 8,520 | (7.0% | 2,002 | (8.7%) | 1,975 | (8.3% | 3,977 | $(8.4\%)$ | 1,890 | $(15.2\%)$ | 5,868 | (9.3% |
| (red to mobile minutes | 1,041 | 7.3% | 1,058 | 7.5% | 2,099 | 7.4% | 1,070 | 0.1% | 3,169 | 7.6% | 1,057 | 5.8% | 4,226 | 7.3% | 1,096 | 5.3% | 1,110 | 4.9% | 2,286 | 5.1% | 1,075 | 0.5% | 3,281 | 3.5% |
| rechational direct minutes DA access (basic lines equivalents) (shousands) |
165 1,230 |
(13.4% (1.2% |
-373 1,224 |
${11.9%$ 2.9% |
338 1,224 |
[12.7%] 2.8% |
161 1,250 |
(10.7% 4.2% |
489 1,250 |
(12.0% 4.2% |
152 1,288 |
(31.84) 6.2% |
653 1,288 |
(32.9% 6.2% |
149 1,305 |
(9.8% 7.8% |
15\$ 1,318 |
(10.2% 7.7% |
304 1,338 |
$(10.1\%)$ 7.7% |
141 1,329 |
$(12.4\%)$ 6.3% |
445 1,329 |
(10.8% 6.3% |
| ay TV bunding | 177 | N/M | 208 | N/M | 208 | N/M | 231 | NØ4 | 231 | N/M | 258 | \$03.1% | 258 | 103.38 | 289 | 63.1% | 309 | 48.6% | 369 | 48.6% | 325 | 40.7% | 325 | 40.7% |
Footnotes: asset salés.
(i) Fiscal 2004/2005 and its comparative gear exclude Trading Post, Ka2 Group, PSinet Group, Damovo and Universal Publishers and proceeds hom property and investment sales. Fiscal 2003/2004 and its comparative year exclude
(ii) All percentages relate to growth on prior corresponding period.
(iii) Mobile Services in Operation(SIOs) are net of deactivated prepaid costomers who were outside the recharge only period and reflects recent changes in deactivation poticy in Q4 2003/2004.
$\langle \mathrm{\hat{b}} \nu \rangle$ Statistical data is represented in millions onless otherwise stated.
(v) Retail basic access lines in service have been restated to exclude between 105,000 and 84,000 incontact services. The current period has an exclusion of 89,000 incontact services.
(vi) Broadband subscriber numbers for 03/04 and 04/05 have been restated to include up to 5000 business subscribers previously overlooked in error.
(vii) SMS numbers have been restated for 02/03, 03/04 and 04/05 to include up to 20 million messages per quarter of business access manager and online sms previously excluded in error.
Telstra Corporation Limited (ABN 033 051 775 556)
Mormalisation Schedule
Year Ended 31 March 2005
This schedule details the adjustments made to the reported results for the nine months ending 31 March 2005 and 2004 to arrive at the underlying business performance.
$\vert \vert \overline{\mathbb{G}} \vert$
| en en | The Company of the Company | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STILL COLLEGE | w Ba | Mitchell Shiel Albert White |
Altres d'Alto S | $\mathcal{L}(\mathcal{L}(\mathcal{L}))$ | A REGISTER Linconwing |
School | MARITA AND AN ASTRONOMI |
||||||||||
| Roman | Szóbarso | animit i | 6296 | Construction | 10TH GILB | artell | |||||||||||
| ER EKONOMIK | Sole | a an bhliain | $\mathcal{L}^{\mathcal{L}}$ | ilin ki | iekutovch | Zanou mies | generation. T |
a wa | SALTER STATE | Solicie | |||||||
| Mobiles | |||||||||||||||||
| Mobile services Mobile nandsets |
2,8% 283 |
2,814 283 |
2,594 265 |
2,594 265 |
8.5% 6.8% |
8.59 6.8% |
220 18 |
||||||||||
| Edial Mobiles | 3,097 | 3,097 | 2,859 | 2,859 | 8.3% | 8.3% | 236 | ||||||||||
| Internet and IP splutions. | 975 | 975 | 724 | 724 | 34.7% | 34.7% | 251 | ||||||||||
| PS 78 Products | |||||||||||||||||
| Casic access. | 2,533 | 2,533 | 2,405 | 2,405 | 5.2% | 5.2% | 128 | ||||||||||
| Loral rails | 991 | 993 | 1.348 | 1.148 | (13.7%) | ${43.7%}$ | (157) | ||||||||||
| FSTN value added services | 188 | 188 | 196 | 196 | (4.1%) | (4.1% | (6) | ||||||||||
| National long distance calls | -773 | 77:5 | 856 | 856 | (9.9%) | (9.9% | (85) | ||||||||||
| Fored to mobile | 1,184 | 1,184 | 1,206 | 1,206 | (1.8%) | (3.8%) | (22) | ||||||||||
| International direct | 180 | 180 | 204 | 204 | $(11.8\%)$ | ${f(1.8%)}$ | (24) | ||||||||||
| Tolat PSTN | 5,845 | 5,845 729 |
6,015 | 6,015 | (2.8% | (2.8% | (178) | ||||||||||
| Specialised Data MEN MOORSE SOC CALS |
729 671 |
673 | 774 70 |
774 701 |
(5.8%) (4.3%) |
(5.8%) (4.3%) |
(45) (30) |
||||||||||
| Advertising and Directories. | 1,202 | (113) | (8) | (121) | 1,083 | 1,006 | (8) | 998 | 19.5% | 8.3% | 83 | ||||||
| intercamer services. | 852 | 852 | 829 | 829 | 2.8% | 2.8% | 23 | ||||||||||
| Solutions management. | 679 | (272) | (8) | (280 | 399 | 36 | 364 | 86.5% | 9.6% | 35 | |||||||
| MK C SL | 559 | 559 | 544 | 544 | 2.8% | 2.89 | 15 | ||||||||||
| Telstra Clear | 462 | 462 | 42 | 427 | 8.2% | 8.2% | 35 | ||||||||||
| Offshore Reviering | 184 | (53) | :51 | 133 | 85 | 116.5% | 56.5% | 48 | |||||||||
| Infound caling products | 341 192 |
343 192 |
35 | 357 108 |
$(4.5\%)$ 81.1% |
(4.5%) 81.1% |
(16) 86 |
||||||||||
| Payl'V Costomer premises equipment |
167 | (39) | 128 | 138 | 138 | 21.0% | (7.2% | (10) | |||||||||
| Faypisones | $\mathfrak{P}$ | 168 | 108 | (14.8%) | ${4.8%}$ | (16) | |||||||||||
| Other sales & service | 568 | (2) | € | 566 | 433 | 433 | 31.2% | 30.7% | 133 | ||||||||
| Sales revenue | 16,615 | (113) | (273) | (53) | (48) | (8) | (493) | 16, 122 | 15,470 | ß | (8) | 15,462 | 7.4% | 4.3% | 660 | ||
| Other rovenus | 288 | (168) | $\alpha$ | € | (168) | 120 | 486 | (276) | (276) | 210 | (40.7%) | (42.9% | (90) | ||||
| Total revenue ****** |
16,903 | (168) | (113) | (273) | (53) | (48) | -681 | (661) | 16,242 | 15,956 | (276) | ${8}$ | (284) | 15,672 | 5.9% | 3.6% | 578 |
$\overline{\mathbf{s}}$ , and the contract of $\overline{\mathbf{s}}$ , and $\overline{\mathbf{s}}$ Telstra Corporation Limited (ABN 033051 775 556)
Product reconciliation to align comparative figures with the reported format
Nine Months Ended 31 March 2005
| Reported | DESCRIPTION | ||||||
|---|---|---|---|---|---|---|---|
| previously | New Hierarchy | ||||||
| released | |||||||
| Mor-04 | Mar-04 | Movement | Amount | Amount | |||
| \$m. | 3m. | 3m | Included | Юŵ | Excluded | 35a | |
| Mobile services | 2,583 | 2,594 | 11 | ||||
| Mobile handsets | 265 | 265 | $\overline{\phantom{a}}$ | ||||
| Total Mobiles | 2,848 | 2,859 | 13 | CDMA Wholesale Domestic Resale | 11 | ||
| internet and if solutions | 733 | 724 | 11 Wholesale Access Other (incl HDSL) | 10 | |||
| Wholesale Internet and Data Other | -1 | ||||||
| PSTN products | |||||||
| Basic access | 2,405 | 2,405 | |||||
| Local calls | 1,148 | 1,148 | $\sim$ | ||||
| PSTN value added services | 196 | 196 | |||||
| National long distance calls: | 856 | 856 | $\sim$ | ||||
| Fixed to mobile | 1,206 | 1,206 | $\sim$ | ||||
| international direct | 204 | 204 | $\sim$ | ||||
| Total PSTN products | 6,015 | 6,015 | |||||
| Specialised Data | 762 | 774 | 12 Whotesale ATM | 12 | |||
| ISDN Products | 698 | 701 | -3 | Microtink Rental Semi Permanent Circuits | (3) | ||
| Advertising and Directorias | 1,014 | 1,006 | (8) | Yellow Pages Direct | B | ||
| intercarner services | 863 | $\overline{829}$ | (34) | Wholesale ATM | $\overline{12}$ | ||
| CDMA Wholesale Domestic Resale | 11 | ||||||
| Wholesale Access Other (incl HDSL) | 10 | ||||||
| Wholesale internet and Data Other | -11 | ||||||
| Solutions management | 350 | 364 | 14 eBusiness Solutions | -34 | |||
| Hong Kong CSL | 544 | 544 | |||||
| TelstraClear | 427 | 427 | $\sim$ | ||||
| Various controlled entities (excluding HKCSL& IClear) | 134 | (134) | Offshore services revenue | 85 | |||
| HFC Cable TV | $\overline{35}$ | ||||||
| eBusiness Solutions | 14 | ||||||
| Offshore services revenue | $\overline{\phantom{a}}$ | 85 | 85 Offshore services revenue | 85 | |||
| intround calling products | 357 | 357 | $\sim$ | ||||
| Pay IV bundling | $\overline{\phantom{a}}$ | 106 | 106 Pay TV Bundling | 106 | |||
| Customer premises equipment. | 138 | 138 | $\sim$ | ||||
| Pouphones | 108 | 108 | $\sim$ | ||||
| Other soles & service | 499 | 433 | (66) Microlink Rental Semi Permanent Circuits | (3) Pay TV Bundling | 706 | ||
| HEC Coble TV | 35 | ||||||
| Yellow Pages Direct | s | ||||||
| Sales revenue | 15,470 | 15,470 | 279 | 279 | |||
| Other tevenue | 486 | 486 | (0) | ||||
| Total revenue | 15,956 | 15,956 | $\langle 0 \rangle$ | 279 | 279 | ||