This report provides a comprehensive financial statement analysis of Telstra Corporation Ltd. from 2012 to 2017. It begins with a company overview and mission statement, followed by detailed analyses of the balance sheet, profit and loss statements, and cash flow statements. The analysis includes key financial ratios related to liquidity, income, and capital structure. The report also covers coverage, growth, and risk analysis, offering observations on Telstra's financial performance over the specified period. Appendices with common-size and horizontal analyses of financial statements are included to support the findings. The analysis highlights trends in current and non-current assets and liabilities, revenue, operating expenses, and cash flow. The report concludes with observations on the company's future business prospects, risk management, and overall financial health. The analysis uses data from 2012 to 2017 to assess the company's performance in various financial aspects.