Telstra Group Limited · ASX:TLS
Telstra — Merrill Lynch Australasia Investor Conference 2003
10 slides from Telstra's conference presentation, Oct 16, 2003
Slide 1: Dr Switkowski's presentation to Merrill Lynch Australasia Investor Conference 2003
16 October 2003 The Manager Company Announcements Office Australian Stock Exchange 10th Floor, 20 Bond Street SYDNEY NSW 2000 ELECTRONIC LODGEMENT Dear Sir or Madam Office of the Company Secretary Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA Telephone 63 9634 6400 Facsimile 03 9632 32
Slide 2: Improved Underlying Financials in Second Half
Dr Ziggy.Switkowski Chief,Executive Officer Merrill Lynch Australasia investor Conference 2003 Presented on 28 August 2003 - Fuit Year Results Announcement Improved Underlying Financials in Second Half Underlying Results ($ millions except EPS & DPS) 2HO3 Growth {%) FY2003 Growth (%|! Sales Revenue
Slide 3: Telstra - Already a Strong Performer
Presented on 28 August 2003 - Fut Year Results Announcement Managing Performance Telstra Performance Sized Cetstng jon 28 August 2003 ~ | Briefing Telstra - Already a Strong Performer * Telstra has an impressive dividend yield, ROIC, EBITDA * 43th largest telco globally by market capitalisation * Gr
Slide 4: 2002/03 Financial Outcomes
Presented on 28 August 2003 - Full Yeat Results Announcemant 2002/03 Financial Outcomes Re om | Cents Per Share 2002 2003 2002 2003 2002 2603 2002 2003 «2002 2003 EBITDA’ CAPEX® Ordinary Dividend* Celstra Presented on 20 August 2003 ~ Susinens Transformation Briefing There is always upward pressure
Slide 5: Status - Economy and Regulation
Presented on 28 August 2003 - Fut Year Reauits Announcement Status - Economy GDP & Communications Services Consumer Spending on Communications 2% 30% 19% Communication ‘Share of disposebie income Services 25% GST-related spike 2 10% * 5% 20% GDP’ mi “ 15% 9598 «STB 9800 EZ ORME 5-08F cy Mars93i Mart
Slide 6: Status - Competition and Customers
Presented on 28 August 2003 - Fut Year Results Announcement Status - Competition Market Share Telstra Market Shares? Millions 16 90% ‘4 Hablie Si0s « industry 80% 1% a Data & internet 0 70% Access Lines - Telstra 8 60% Yoine 6 50% ; aris 4 Mobile S10s - Telstra 2 e 4% 30% 1999 2008 2001 2002 2003 19
Slide 7: Status - Customers (Cont) and Organisation
Presented on 28 August 2003 - Full Year Results Announcemant Status - Customers (Cont) ARPU | Fixed Access Line 800 700 600 500 400 200 2002 2003 Value Added Fixed Line Features + 4#- Telstra Feature Assistant + Telstra Home Messages 101 + Call Forward + Calling Number Display + Calling Waiting + y/
Slide 8: Status - Investors
Exptainad on 3 September ~ Conference call and Media Ralaase Status - Organisation fee seeing ened i ; : Prductn: ‘Soup Mane Fano a ist Telstra Presented on 28 August 2603 - Ful! Yeat Results Announcemant Status - Investors @ Special @ Ordinary 6 3 CAGR 20%" um co 1997 2 1998 1999 2000 2004 Capital
Slide 9: Active Capital Management; Core Financial Priority is Free Cash Flow
Presented on 28 August 2603 - Full Year Results Announcement Status - Investors (Cont) Active Capital Management « $800m to $1n return of surplus capital to shareholders by way of off-market share buyback + Target completion ~ by end December 2003 « Efficiently distribute franking credits « Financia
Slide 10: Outlook
Presented on 28 August 2003 - Full Year Results Announcemant Outlook innovali and industry leadership Cetstre rowth, Productivity & shoe 3
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