TLS telstra group limited

I would just add that the reporting policy has now changed as it...

  1. 9,983 Posts.
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    I would just add that the reporting policy has now changed as it includes FCF.
    A couple of years ago the FCF was never included in EPS.
    Then tls started reporting both eps figures ie an eps with fcf and an eps excluding fcf,the reason being as a holder u must understand the actual profit of a co in cash,when FCF is included in the eps figure it includes spending on equipment and assets so its not actual excess cash to support div.
 
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