Financial Results
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Condensed consolidated interim financial statements
Condensed consolidated provisional statement of comprehensive income
for the six months ended September 30, 2009
Restated* |
Restated* |
Reviewed |
||
|---|---|---|---|---|
2009 |
2008 |
2009* |
||
In ZAR millions |
Note |
Rm |
Rm |
Rm |
| Continuing operations | ||||
| Total revenue | 3 | 36,433 | 17,922 | 19,169 |
| Operating revenue | 35,940 | 17,598 | 18,706 | |
| Other income | 20 | 343 | 211 | 18,811 |
| Operating expenses | 29,537 | 13,805 | 19,380 | |
| Employee expenses | 7,987 | 4,045 | 5,341 | |
| Payments to other operators | 6,919 | 3,240 | 4,269 | |
| Selling, general and administrative expenses | 5,772 | 2,742 | 3,330 | |
| Service fees | 2,756 | 1,230 | 1,340 | |
| Operating leases | 823 | 357 | 474 | |
| Depreciation, amortisation, impairment and write-offs | 4 | 5,280 | 2,191 | 4,626 |
| Results from operating activities | 6,746 | 4,004 | 18,137 | |
| Investment income | 181 | 124 | 280 | |
| Gain on distribution of a asset | 20 | - | - | 25,688 |
| Finance charges and fair value movements | 2,843 | 693 | 793 | |
| Interest | 1,732 | 891 | 748 | |
| Foreign exchange and fair value movement loss/(gain) | 1,111 | (198) | 45 | |
| Profit before taxation | 4,084 | 3,435 | 43,312 | |
| Taxation | 5 | 1,769 | 1,065 | 3,699 |
| Profit from continuing operations | 2,315 | 2,370 | 39,613 | |
| Profit from discontinued operations | 2,181 | 1,445 | 124 | |
| Profit for the year/period | 4,496 | 3,815 | 39,737 | |
| Other comprehensive income | ||||
| Exchange differences on translating foreign operations | 6 | 30 | 84 | (1,587) |
| Exchanged differences realised | - | - | (189 | |
| Available-for-sale financial assets | 6 | (8) | - | 8 |
| Defined benefit plan actuarial (losses)/gains | 6 | (1,824) | (1,694) | 732 |
| Defined benefit plan asset limitations | 6 | 941 | 924 | (722) |
| Income tax relating to components of other comprehensive income | 6 | 244 | 212 | 323 |
| Other comprehensive income for the year/period (net of taxation) | (617) | (474) | (1,435) | |
| Total comprehensive income | 3,878 | 3,342 | 38,412 | |
| Profit attributable to: | ||||
| Owners of Telkom | 4,419 | 3,752 | 39,661 | |
| Non-controlling interest | 77 | 63 | 76 | |
| Profit for the year/period | 4,496 | 3,815 | 39,737 | |
| Total comprehensive income attributable to: | ||||
| Owners of Telkom | 3,804 | 3,284 | 38,226 | |
| Non-controlling interest | 75 | 57 | 76 | |
| Total comprehensive income for the year/period | 3,879 | 3,341 | 38,302 | |
| Total operations | ||||
| Basic earnings per share (cents) | 7 | 882.6 | 749.8 | 7,882.0 |
| Diluted earnings per share (cents) | 7 | 868.5 | 741.8 | 7,865.5 |
| Dividend per share (cents) | 7 | 660.0 | 660.0 | 375.0 |
| Continuing operations | ||||
| Basic earnings per share (cents) | 7 | 457.4 | 469.2 | 7,857.3 |
| Diluted earnings per share (cents) | 7 | 449.9 | 464.2 | 7,841.2 |
| * The amounts have been restated for the effect of the discontinued operation and disposal groups held for sale as well as the change in accounting policy for the defined benefit plan, refer to note 2. | ||||