for the six months ended 30 September 2014
Reviewed Six months ended 30 September 2014 |
Restated Six months ended 30 September 2013 |
Audited Year ended 31 March 2014 |
|
---|---|---|---|
Rm | Rm | Rm | |
Total Revenue | 16 257 | 16 324 | 33 061 |
Operating revenue | 15 911 | 15 989 | 32 400 |
Other income (excluding profit on disposal of property, plant and equipment, intangible assets, investments and profit on disposal of subsidiary) | 219 | 223 | 485 |
Investment income | 127 | 112 | 176 |
Operating revenue decreased due to the continuous decline in fixed-line voice, revenue and lower data leased line revenue resulting from self-provisioning by other licensed operators, partially offset by higher mobile revenue. | |||
Investment income increased as a result of higher cash balances held by the Group | |||
Change in comparative | |||
Other income increased by R49 million as a result of a reclassification from selling and administrative expenses to sundry income. | |||
This is income in nature and it is more appropriate to report sundry income as part of other income category instead of being offset against selling, general and administration expenditure. | |||
Other income increased by R34 million at 30 September 2013 (31 March 2014: R83 million). This is income relating to undersea cables activities that are not in the ordinary course of business, therefore it was reclassified from operating revenue to other income. |