Forecasting the Income Statement, Balance Sheet, and Statement of Cash Flows Telstra Corporation…

Forecasting the Income Statement, Balance Sheet, and Statement of Cash Flows

Telstra Corporation Limited is an Australian telecommunicates ions and Media Company that builds and provides land-based and mobile telecom services along with internet and pay television products. The company is Australia’s largest 3G and 4G enabled mobile network covering 99.3 percent of the Australian population. Following are the financial statements for the 2012 year end, reported in Australian dollars.


Forecast Telstra’s fiscal year 20 13 income statement, balance sheet, and statement of cash flows. Round forecasts to the nearest whole dollar. Identify all financial statement relations estimated and assumptions made. Estimate forecasted income statement and balance sheet relations to one decimal place. Assume that revenue will increase by 3% in 2013. Calculate depreciation and amortisation expense as a percent of revenue. Assume no change for: other income, finance income and finance costs on the income statement. Assume no change for derivative financial assets, investments, current borrowings, derivative financial liabilities, share capital, reserves, and noncontrolling interests on the balance sheet. Assume that assets and liabilities classified as held for sale are eliminated in 20 13. For fiscal 20 13, capital expenditures are $4, 00 1 million, and dividends are $3,475 million. Use the noncurrent borrowings as your plug account to balance the balance sheet. What do the forecasts imply about Telstra's financing needs for the upcoming year?

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
error: Content is protected !!