Abbreviations

Asset Liability Model

Additional share award

Business Connexion (Pty) Ltd

Chief Audit Executive

Capital expenditure

Cash-generating unit

Customer premises equipment

Chief operating decision maker

Consumer price index

Customer relationship period

Capital work in progress

Deferred tax asset

Deferred tax liability

Earnings before interest and tax

Earnings before investment income and finance cost, tax, depreciation, amortisation and write-offs, impairments and losses

Export Credit Agency

Expected credit losses

Enterprise and Supplier Development

Employee share ownership plan

Effective tax rate

Group Executive Committee

Foreign currency translation reserve

Foreign exchange contract

Forfeitable share plan

Fair value through profit or loss

Group Chief Executive Officer

Gross Domestic Product

Intangible assets

International Accounting Standard

International Accounting Standards Board

Independent Communications Authority of South Africa

Information Communication Technology

International Financial Reporting Standards

International Standards on Review Engagements

Information Technology

Johannesburg Interbank Average Rate

Johannesburg Stock Exchange

JSE Listings Requirements

Long-term incentive plan

Megahertz

Other comprehensive income

Packet Optical Transport Network

Property, plant and equipment

Right-of-use

Strategic asset allocation

South African Reserve Bank

South African Revenue Services

Supply chain financing

Special Investigating Unit

Small and Medium Business

Small and medium entities

Securities Transfer Tax

Telkom Direct Stores

The Telkom Group’s JSE share code

Telkom Pension Fund

Telkom Retirement Fund

Talent share award

United States dollar

Weighted average cost of capital