For the year ended 31 march 2014
| 2013 | 2012 | |
|---|---|---|
| Rm | Rm | |
| Earnings per share | ||
| Total operations | ||
| Basic and diluted loss per share (cents) | (2,276.2) | (42.3) |
| Headline earnings and diluted headline earnings per share (cents)* | 87 | 310.8 |
| Continuing operations | ||
| Basic and diluted (loss)/earnings per share (cents) | (2,276.2) | 10.4 |
| Headline earnings and diluted headline earnings per share (cents)* | 87 | 324.7 |
| Discontinued operations | ||
| Basic and diluted loss per share (cents) | - | (52.7) |
| Headline loss and diluted headline loss per share (cents)* | - | (13.9) |
| Reconciliation of weighted average number of ordinary shares: | Number of shares | Number of shares |
| Ordinary shares in issue | 520,783,900 | 520,783,900 |
| Weighted average number of treasury shares | (10,190,084) | (10,190,084) |
| Weighted average number of shares outstanding | 510,593,816 | 510,593,816 |
| Reconciliation of diluted weighted average number of ordinary shares | ||
| Weighted average number of shares outstanding | 510,593,816 | 510,593,816 |
| Diluted weighted average number of shares outstanding | 510,593,816 | 510,593,816 |
| *The disclosure of headline earnings is a requirement of the JSE Limited and is not a recognised measure under IFRS. It has been calculated in accordance with the South African Institute of Chartered Accountants' circular 3/2012 issued in this regard. | ||
| Total operations | ||
| Reconciliation between earnings and headline earnings: | Rm | Rm |
| Loss for the year | (11,499) | (90) |
| Non-controlling interests | (123) | (126) |
| Loss attributable to Owners of Telkom | 11,622 | (216) |
| Profit on disposal of property, plant and equipment and intangible assets | (39) | (53) |
| Profit on disposal of subsidiary | - | (167) |
| Foreign exchange differences realised on disposal of subsidiary | - | 1,292 |
| Impairment loss on property, plant and equipment and intangible assets** | 12,000 | 767 |
| Profit on disposal of joint venture | (30) | - |
| Write-offs of property, plant and equipment and intangible assets | 178 | 254 |
| Tax effects | (43) | (290) |
| Headline earnings | 444 | 1,587 |
| Continuing operations | ||
| Reconciliation between earnings and headline earnings: | Rm | Rm |
| (Loss)/profit from continuing operations | (11,499) | 179 |
| Non-controlling interests | (123) | (126) |
| (Loss)/profit attributable to Owners of Telkom | (11,622) | 53 |
| Profit on disposal of property, plant and equipment and intangible assets | (39) | (53) |
| Profit on disposal of subsidiary | - | (167) |
| Foreign exchange differences realised on disposal of subsidiary | - | 1,292 |
| Impairment loss on property, plant and equipment and intangible assets** | 12,000 | 569 |
| Profit on disposal of joint venture | (30) | - |
| Write-offs of property, plant and equipment and intangible assets | 178 | 254 |
| Tax effects | (43) | (290) |
| Headline earnings | 444 | 1,658 |
| Discontinued operations | ||
| Reconciliation between earnings and headline earnings: | ||
| Loss from discontinued operations | - | (269) |
| Loss attributable to Owners of Telkom | - | (269) |
| Impairment loss on property, plant and equipment and intangible assets | - | 198 |
| Headline loss | - | (71) |
| ** The 2013 impairment resulted in deferred tax consequences that were not recognised in the Statement of Financial Position. | ||
| Dividend per share (cents) | - | 145.0 |
| The calculation of dividend per share is based on dividends of RNil million (2012: R740 million) and 510,593,816 (2012: 510,593,816) number of ordinary shares outstanding on the date of dividend declaration. |