The reported results for the December 2010 half year are:
Sales revenue declined 0.5% or $60 million to $12,263 million
EBITDA declined by 13.9% or $737 million to $4,580 million
EBIT declined by 24.1% or $756 million to $2,376 million
Net Profit After Tax declined by 36.0% to $1,207 million
A capex to sales ratio of 11.8%, with $1,451 million invested in the half
On a guidance basis -
Sales revenue declined 0.5% in-line with guidance of a flattish result
EBITDA declined by 12.5% in-line with guidance of a low double-digit decline (excluding a $59 million net gain on the sale of SouFun, KeyCorp and Telstra UK and $133 million impairment in Octave investments)
Telstra’s initiatives to attract new customers resulted in:
919,000 additional mobile customers, including 297,000 additional postpaid handheld and 505,000 additional wireless broadband subscribers
139,000 additional fixed broadband customers, compared with a decline of 30,000 in the first half of 2010
214,000 additional T-Box™ and T-Hub™ services
420,000 more customers on bundled multi-product plans.
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