REG - Telstra Corp. Ld - Correction: Half Year Results Briefing Materials
RNS Number : 2477RTelstra Corporation Ld27 February 2019
27 February 2019
Office of the Company Secretary
Level 41
242 Exhibition Street
MELBOURNE VIC 3000 AUSTRALIA
General Enquiries +613 8647 4838
Facsimile +613 8600 9800
The Manager
RNS
ELECTRONIC LODGEMENT
Dear Sir or Madam
Correction: Half Year Results Briefing Materials
We provide the following correction to:
· the announcements "Telstra Corporation Limited - Financial results for the half-year ended 31 December 2018 - CEO/CFO Analyst Briefing Presentation and Materials" ("Analyst Briefing") dated 14 February 2019; and
· "Telstra Corporation Limited - Transcript from Analyst and Media Briefings - Financial results for the half-year ended 31 December 2018" ("Transcript") dated 18 February 2019.
The Analyst Briefing and Transcript include incorrect figures for underlying return on invested capital (ROIC). Underlying ROIC should have stated 1H18 of 7.6%, FY18 of 9.1% and 1H19 of 6.2%.
· In relation to the Analyst Briefing, the underlying ROIC included in the Capital position slide on Page 23 should have stated 1H18 of 7.6%, FY18 of 9.1% and 1H19 of 6.2%.
· In relation to the Analyst Briefing, the CFO Speech on Page 13 should have read "Our Return on Invested Capital was 9.7%. Underlying ROIC, which removes nbn one-offs from earnings, was 7.9% [6.2%].
· In relation to the Transcript, underlying ROIC on Page 11 should have read "Our Return on Invested Capital was 9.7%. Underlying ROIC which removes nbn one-offs from our earnings was 7.9% [6.2%]."
A copy of this release including the revised Capital position slide has been sent to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
Yours faithfully
Sue Laver
Company Secretary
Telstra Corporation Limited
ACN 051 775 556
ABN 33 051 775 556
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