for the six months ended 30 September 2014
Telkom made an offer to the pensioners to transfer the post-retirement medical aid liability obligation to pensioners who retired after 1994 and before 30 April 2013 to an insurer. The net curtailment and settlement will be quantified once the deal has been finalised.
The directors are not aware of any other matter or circumstance since the financial period ended 30 September 2014 and the date of this report, or otherwise dealt with in the financial statements, which significantly affects the financial position of the Group and the results of its operations.