for the year ended 31 March 2011
| Restated 2010 |
2011 | |
|---|---|---|
| Rm | Rm | |
| The Group's reporting segments are business units that are separately managed. | ||
| The Group consists of three reportable segments namely Telkom South Africa, Telkom Mobile and Multi-Links. | ||
| The Telkom South Africa segment provides fixed-line access, fixed-mobile and data communications services through Telkom South Africa. | ||
| The Telkom Mobile segment provides mobile voice services, data services and handset sales through 8.ta. | ||
| The Multi-Links segment provides fixed-line, data and international communications services in Nigeria through the Multi-Links subsidiary. | ||
| The Other category is a reconciling item which is split geographically between International and South Africa. | ||
| The International category provides internet services outside South Africa, through the iWayAfrica Group (formerly Africa Online Limited and MWEB Africa Limited) and management services through the Telkom Management Services Company. | ||
| The South African category includes Trudon Group, Swiftnet, Data Centre Operations and the Group's Corporate Centre. | ||
| The Data Centre Operations was shown as part of the Telkom South Africa segment in the March 2010 results as the financial information was still in the process of being split out. As the information is now available the results of the Data Centre Operations were moved to the Other category as it does not meet the quantitative thresholds for disclosure as a separate segment. In addition a transfer pricing policy was implemented with effect from 1 April 2010 for internal transactions between the Data Centre Operations and other business units. Included in the Data Centre Operations under the Other category is internal revenue of R1,165 million for the year ended 31 March 2011 that is eliminated on consolidation. | ||
| Telkom Mobile is a new segment following the launch of 8•ta on 14 October 2010. | ||
| The Multi-Links comparatives have been restated to show the effect of the discontinued operations of the CDMA business. | ||
| Business segments | ||
| Consolidated operating revenue | 35,611 | 33,454 |
| Telkom South Africa | 33,846 | 31,533 |
| Telkom Mobile | - | 81 |
| Multi-Links | 70 | 151 |
| Other | 1,820 | 3,030 |
| International | 465 | 413 |
| South African | 1,355 | 2,617 |
| Elimination of intersegmental revenue | (125) | (1,341) |
| Consolidated operating profit | 5,429 | 4,211 |
| Telkom South Africa | 8,568 | 7,147 |
| Telkom Mobile | (45) | (1,149) |
| Multi-Links | (253) | (233) |
| Other | (2,509) | (1,496) |
| International | (278) | (166) |
| South African | (2,231) | (1,330) |
| Eimination of intersegmental transactions | (332) | (58) |
| Reconciliation | ||
| Adjusted EBIT for reportable segments | 5,429 | 4,211 |
| Gain on sale of investment | 18,603 | - |
| Compensation expense | (951) | - |
| Impairment of property, plant and equipment and intangible assets | (3,265) | (140) |
| Operating profit | 19,816 | 4,071 |
| Investment income | 503 | 213 |
| Gain on distribution of asset | 25,688 | - |
| Finance charges and fair value movement | (1,068) | (1,084) |
| Profit before taxation and discontinued operations | 44,939 | 3,200 |