Show that Revenue-Expenses=Profit

Telstra Financial Report 2019 Income Statement For the year ended 30 June 2019 Telstra Group Year ended 30 June 2019 2018 Restated $m $m Note Income Revenue (excluding finance income) Other income 2.2 2.2 25,259 2,548 27,807 25,848 2,993 28,841 5,207 Expenses Labour Goods and services purchased Net impairment losses on financial assets Other expenses 5,279 9,138 184 5,234 19,835 12 8,338 190 4,887 18,622 2.3 Share of net profit/(Loss) from joint ventures and associated entities 6.2 (22) 18,644 19,823 7,984 4,282 10,197 4,470 2.3 Earnings before interest, income tax expense, depreciation and amortisation (EBITDA) Depreciation and amortisation Earnings before interest and income tax expense (EBIT) Finance income 3,702 238 5,727 218 2.2 Finance costs 2.3 868 806 588 630 2.4 Net finance costs Profit before income tax expense Income tax expense Profit for the year Profit/(loss) attributable to: Equity holders of Telstra Entity Non-controlling interests 3,072 923 2,149 5,139 1,582 3,557 2,154 (5) 2,149 3,591 (34) 3,557 cents Earnings per share (cents per share) Basic 2.5 2.5 18.1 18.1 cents 30.2 30.2 Diluted