for the six months ended September 30, 2009
March 31 |
September 30 |
September 30 |
|
|---|---|---|---|
Rm |
Rm |
Rm |
|
| Total operations | |||
| Basic earnings per share (cents) | 882.6 | 749.8 | 7,882.0 |
| Diluted earnings per share (cents) | 868.5 | 741.8 | 7,865.5 |
| Headline earnings per share (cents) | 1,044.3 | 771.2 | (139.3) |
| Diluted handline earnings per share (cents) | 1,027 | 763.8 | (138.8) |
|
Continuing operations |
|||
| Basic earnings per share (cents) | 457.4 | 469.2 | 7,857.3 |
| Diluted earnings per share (cents) | 449.9 | 464.2 | 7,841.2 |
| Basic headline earnings per share (cents) | 606.7 | 488.2 | (163.8) |
| Diluted headline earnings per share (cents) | 597.1 | 483.0 | (163.4) |
|
Reconciliation of weighted average number of ordinary shares: |
|||
| Ordinary shares in issue | 520,784,186 | 520,784,186 | 520,783,900 |
| Weighted average number of shares bought back | (27) | - | - |
| Weighted average number of treasury shares | (20,083,621) | (20,408,368) | (17,596,506) |
| Weighted average number of shares outstanding | 500,700,538 | 500,375,818 | 503,187,394 |
|
Reconciliation of diluted weighted average number of ordinary shares: |
|||
| Weighted average number of shares outstanding | 500,700,538 | 500,375,818 | 504,187,394 |
| Expected future vesting of shares | 8,082,103 | 5,398,009 | 1,031,110 |
| Diluted weighted average number of shares outstanding | 508,782,641 | 505,773,827 | 504,218,504 |
| Total operations | |||
| Reconciliation between earnings and headline earnings: | |||
| Profit attributable to equity holders of Telkom | 4,419 | 3,752 | 39,661 |
| Adjustment: | |||
| Profit on disposal of investment | - | - | (18,605) |
| Profit on isposal of property,plant ande quipmenta nd intangible assets |
(25) | (7) | (24) |
|
Impairment of property,plant and equipment and in tangible assets |
557 | 45 | 2,148 |
| Write-offsofproperty,plantandequipment | 322 | 87 | 34 |
| Gain on distribution of non-cash asset | - | - | (25,688) |
| Taxeffects | (44) | (18) | 1,774 |
| Headline earnings | 5,229 | 3,859 | (700) |
|
Continuing operations |
|||
| Reconciliation between earnings and headline earnings: | |||
| Profit from continuing operations | 2,315 | 2,370 | 39,613 |
| Non-controlling interest | (26) | (22) | (76) |
| Earnings as reported | 2,289 | 2,348 | 39,537 |
| Adjustments: | |||
| Profit on disposal of investment | - | - | (18,605) |
| Profit on disposal of property,plant and equipment and intangible assets |
(32) | (11) | (24) |
| Impairment of property,plant and equipment and intangible assets |
501 | 34 | 2,148 |
| Write-offsofproperty,plantandequipment | 322 | 87 | 34 |
| Gain on distribution of non-cash asset | - | - | (25,688) |
| Taxeffects | (42) | (15) | 1,774 |
| Headline earnings | 3,038 | 2,443 | (824) |
|
Discontinued operations |
|||
| Reconciliation between earnings and headline earnings: | |||
| Profit from discontinued operations | 2,181 | 1,445 | 124 |
| Non-controlling interest | (51) | (41) | - |
| Earnings as reported | 2,130 | 1,404 | 124 |
| Adjustments: | |||
| Profit on disposal of property,plant and equipment and intangible assets |
7 | 4 | - |
| Impairment of property,plant and equipment and intangible assets |
56 | 11 | - |
| Tax effects | (2) | (3) | - |
| Headline earnings | 2,191 | 1,416 | 124 |
| Dividend per share(cents) | 660.0 | 660.0 | 375.0 |
| The calculation of dividend per share is based on dividends of R1,952 million (September 30, 2008: R3,306 million; March 31, 2009: R3,306 million) and 505,008,190 (September 30, 2008: 500,941,029; March 31, 2009: 500,941,029) number of ordinary shares outstanding on the date of dividend declaration. The reduction in the number of shares represents the number of treasury shares held on date of payment. | |||
| Vodacom Dividend | - | - | 7,750.0 |
| The Vodacom dividend consisted of a once off cash dividend of 1,900.0 cents per share totalling R9,519 million and a 35% unbundling share valued at 5,850.0 cents per share with a total value of R29,990 million. |