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Abbreviations

ALL
A
B
C
D
E
F
G
I
J
L
M
O
P
R
S
T
U
W
ALM
Asset Liability Model
ASA
Additional share award
BCX
Business Connexion (Pty) Ltd
CAE
Chief Audit Executive
CAPEX
Capital expenditure
CGU
Cash-generating unit
CPE
Customer premises equipment
CODM
Chief operating decision maker
CPI
Consumer price index
CRP
Customer relationship period
CWIP
Capital work in progress
DTA
Deferred tax asset
DTL
Deferred tax liability
EBIT
Earnings before interest and tax
EBITDA
Earnings before investment income and finance cost, tax, depreciation, amortisation and write-offs, impairments and losses
ECA
Export Credit Agency
ECL
Expected credit losses
ESD
Enterprise and Supplier Development
ESOP
Employee share ownership plan
ETR
Effective tax rate
EXCO
Group Executive Committee
FCTR
Foreign currency translation reserve
FEC
Foreign exchange contract
FSP
Forfeitable share plan
FVTPL
Fair value through profit or loss
GCEO
Group Chief Executive Officer
GDP
Gross Domestic Product
IA
Intangible assets
IAS
International Accounting Standard
IASB
International Accounting Standards Board
ICASA
Independent Communications Authority of South Africa
ICT
Information Communication Technology
IFRS
International Financial Reporting Standards
ISRE
International Standards on Review Engagements
IT
Information Technology
JIBAR
Johannesburg Interbank Average Rate
JSE
Johannesburg Stock Exchange
JSE LR
JSE Listings Requirements
LTIP
Long-term incentive plan
MHz
Megahertz
OCI
Other comprehensive income
POTN
Packet Optical Transport Network
PPE
Property, plant and equipment
ROU
Right-of-use
SAA
Strategic asset allocation
SARB
South African Reserve Bank
SARS
South African Revenue Services
SCF
Supply chain financing
SIU
Special Investigating Unit
SMB
Small and Medium Business
SMEs
Small and medium entities
STT
Securities Transfer Tax
TDS
Telkom Direct Stores
TKG
The Telkom Group’s JSE share code
TPF
Telkom Pension Fund
TRF
Telkom Retirement Fund
TSA
Talent share award
USD
United States dollar
WACC
Weighted average cost of capital
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