Telstra Corporation Annual Report Analysis

2019
BUACC5932 Corporate Accounting
Group Assignment

Executive Summary
The annual report helps in providing a strong insight into the functioning of the company. A
proper assessment reveals the financial performance, accounting standards and other corporate
information. The report sheds light on the telecommunication giant Telstra Corporation. The
report analyses the annual report of Telstra and provides a strong insight into the activities of the
company followed by the financial performance. Other important discussion also follows such as
PPE and CSR activities of the company.

Contents
Introduction.................................................................................................................................................4
Assets – PPE and Intangibles.......................................................................................................................9
Research component.................................................................................................................................11
Conclusion.................................................................................................................................................12
References.................................................................................................................................................13

Introduction
Telstra Corporation Limited is the leading company in telecommunications and listed on the
Australian exchange. It also operates and builds telecommunications networks and other related
mobile voice and internet products and services. It was founded on 1st July 1975 and today has
become fully privatized and customer focussed. It has become a full range telecommunications
service provider and is leading in all the telecommunications markets. It provides retails services
to 18 million customers, standalone data services to 3.7 million customers and standalone voice
services to 1.7 million customers. Telstra Corporation Limited believes that it can create more
opportunities by getting more connected with people (Telstra Corporation, 2018). The activities
carried out by each segment can be summarized as follows:
TC & SB is the service provider of telecommunication products and services to small business
customers including fixed and mobile broadband and digital content. It is also in charge of the
operation of Telstra shops and Telstra dealership networks providing online service facilities to
its customers. TE manages the services outside Australia including data and internet services,
Network and Application services, unified communications monitoring services of integrated
nature in Australia and globally. It is also responsible for the development of vertical industry
solutions by tapping the networks and connections of Telstra.
TO is responsible for the overall designing and architecture of the networks, including
engineering and construction of the technological solutions. The technology has to be equipped
to enhance the risk management and operational efficiency of the company. It also acts as a
service provider for the network and telecommunications services under the various agreements
entered into by Telstra (Sword, 2018)
Apart from this, the “All Other” category includes the services that do not qualify under any
of the above operating segments on their own.
• Industry Operation, competitor analysis, and performance
Telstra qualifies under the telecom service providers’ category of businesses. Given the rate of
technological advancements, it is an ever growing industry. Its USP is that it is a giant in the