Ann: Response to media speculation, page-17

Here is a spreadsheet i prepared earlier, comparing Vocus and TPG Telcom

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
1	FY18H1	VOC	D&A	%	TPG	D&A	%
2	Property, plant and equipment	1,642.7	86.9	5.29%	1,147.3	68.8	6.00%
3	– Fibre	1,244.4	39.1		1,010.1	68.8
4	– Data Centre	45.0	6.0
5	– Network Equipment	132.2	27.5
6	– Other P&E	66.3	14.3		45.4
7	– Under Construction	154.9
8	Intangible Assets – Amortising	137.9	7.6	5.53%	1,712.0	24.2	1.41%
9	– IRU	136.1	7.6		188.1	7.1
10	– Spectrum				1,475.1	4.3
11	– Other	1.8			48.8	12.8
12	Intangible Assets – Amortising – Unsaleable	377.4	47.2	12.50%	181.6	27.1	14.92%
13	– Customer Intangibles	263.0	30.2		181.6	27.1
14	– Software	114.5	17.0
15	Intangible Assets – Non-Amortising	1,632.4	0.0	0.00%	2,001.6	0.0	0.00%
16	– Goodwill (Australia – Consumer)	192.5			1,911.0
17	– Goodwill (Australia – Enterprise & Wholesale)	935.5
18	– Goodwill (New Zealand)	323.8
19	– Brands	180.5	0.0		90.6	0.0
20	– Other				0.0
21	Other	88.1			15.8
22	Total Non-Current Assets	3,878.5	141.7	3.65%	5,058.3	120.1	2.37%