Condensed consolidated provisional statement of profit or loss and other comprehensive income

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11
Year ended 31 March
2014
2013
  Notes Rm Rm
Continuing operations      
Total revenue 4 33,061 32,853
Operating revenue   32,483 32,143
Payments to other operators   3,944 4,460
Cost of sales 5.1 2,498 1,549
Net operating revenue   26,041 26,134
Other income   479 470
Operating expenses   21,918 37,749
Employee expenses 5.2 7,137 9,997
Selling, general and administrative expenses 5.3 4,682 5,651
Service fees 5.4 3,110 2,996
Operating leases   1,052 925
Depreciation, amortisation, impairment and write-offs 5.5 5,937 18,180
Operating profit/(loss)   4,602 (11,145)
Investment income   176 279
Finance charges and fair value movements   292 224
Finance charges   636 656
Foreign exchange and fair value movements   (344) (432)
Profit/(loss) before taxation   4,486 (11,090)
Taxation 6 494 442
Profit/(loss) from continuing operations   3,992 (11,532)
Loss from discontinued operations   (49) (104)
Profit/(loss) for the year   3,943 (11,636)
Other comprehensive income      
Items that may be reclassified subsequently to profit and loss      
Exchange gains/(losses) on translating foreign operations   4 (3)
Recycling of foreign currency translation reserve   122 -
Items that may not be reclassified subsequently to profit and loss      
Defined benefit plan actuarial gains/(losses)   2,277 (138)
Defined benefit plan asset ceiling limitation   (1,106) (38)
Income tax relating to components of other comprehensive income 8  (157) 49
Other comprehensive income/(loss) for the year, net of taxation   1,140 (130)
Total comprehensive income/(loss) for the year   5,083 (11,766)
Profit/(loss) attributable to:      
Owners of Telkom   3,822 (11,759)
Non-controlling interests   121 123
Profit/(loss) for the year   3,943 (11,636)
Total comprehensive income/(loss) attributable to:      
Owners of Telkom   4,962 (11,889)
Non-controlling interests   121 123
Total comprehensive income/(loss) for the year   5,083 (11,766)
Total operations      
Basic earnings/(loss) per share (cents) 9 748.5 (2,303.0)
Diluted earnings/(loss) per share (cents) 9 744.8 (2,294.0)
Continuing operations      
Basic earnings/(loss) per share (cents) 9 758.1 (2,282.6)
Diluted earnings/(loss) per share (cents) 9 754.3 (2,282.6)
* The amounts have been restated due to the adoption of IAS19R, amendment to IAS 16 as well as the change in the accounting policy related to the Cell Captive. Group amounts have also been restated due to the sale of the iWayAfrica Group. The layout of the statement of profit or loss and other comprehensive income has been changed to provide more relevant disclosures. Other income, employee expenses, selling, general and administrative expenses and service fees have been restated. Refer to notes 5.1, 5.2 and 5.3.