for the six months ended 30 September 2015
Reviewed Six months ended 30 September 2015 |
Restated Six months ended 30 September 2014 |
Restated Year ended 31 March 2015 |
|
---|---|---|---|
Rm | Rm | Rm | |
Segment information | |||
The Telkom Group is organised into business units based on products and services and has two reportable segments, namely: | |||
i) Telkom which provides fixed-line access, fixed-line usage, data communications services (through Telkom and Cybernest), mobile voice services and handset sales. | |||
ii) BCX which provides business solutions based on information and communication technology and runs ICT systems and manages products, services and solutions. | |||
The Executive Committee assesses the performance of the operating segments based on a measure of operating profit. | |||
The group announced its aspiration to implement a more flexible and agile operating model and lauched Openserve on 13 October 2015 (refer note 26) which will require a reassessment of segment reporting as progress is made in implementing the new operating and reporting model to manage performance. | |||
Consolidated operating revenue | 16 782 | 15 911 | 32 760 |
Telkom | 16 292 | 15 911 | 32 760 |
BCX | 491 | - | - |
Elimination of intersegmental revenue | (1) | - | - |
Consolidated operating profit | 902 | 1 565 | 3 336 |
Telkom | 897 | 1 565 | 3 336 |
BCX | 5 | - | - |
Reconciliation of operating profit, profit before tax | |||
Adjusted EBITDA for reportable segments | 3 517 | 4 054 | 8 841 |
Depreciation, amortisation, impairment, write-offs and losses | (2 615) | (2 489) | (5 505) |
Operating profit | 902 | 1 565 | 3336 |
Investment income | 116 | 127 | 293 |
Finance charges and fair value movement | (334) | (227) | (473) |
Profit before taxation | 684 | 1 465 | 3 156 |