Consolidated summary statement of profit or loss and other comprehensive income

		Notes	31 March 2022 Rm	31 March 2021 Rm
Revenue		5	42 756	43 222
	Operating revenue		42 474	42 939
	Interest revenue		282	283
Other income			686	619
Insurance service result			(2)	15
Payments to other operators		6.1	(3 393)	(3 878)
Cost of handsets, equipment, software and directories		6.2	(5 648)	(4 781)
Sales commission, incentives and logistical costs		6.3	(2 516)	(2 425)
Employee expenses		6.4	(8 693)	(9 312)
Other expenses		6.5	(2 315)	(2 197)
Maintenance			(3 879)	(3 971)
Marketing			(729)	(747)
Impairment of receivables and contract assets			(803)	(1 039)
Service fees			(3 388)	(3 316)
Lease-related expenses		6.6	(168)	(487)
EBITDA			11 908	11 703
Depreciation of property, plant and equipment			(4 713)	(4 918)
Depreciation of right-of-use assets			(1 184)	(947)
Amortisation of intangible assets			(831)	(805)
Write-offs and impairments of property, plant and equipment and intangible assets			(247)	(200)
Operating profit			4 933	4 833
Investment income			144	188
Income from associates			–	1
Net finance charges and fair value movements			(1 279)	(1 527)
	Finance charges on lease liabilities		(450)	(445)
	Net finance charges – other		(662)	(804)
	Cost of hedging		–	(153)
	Foreign exchange and fair value movements		(167)	(125)
Profit before taxation			3 798	3 495
Taxation		13.1	(1 167)	(1 067)
Profit for the year			2 631	2 428
Other comprehensive income
Items that will be reclassified subsequently to profit or loss
Exchange gains/(losses) on translating foreign operations¹			4	(25)
Items that will not be reclassified to profit or loss
Defined benefit plan actuarial gains/(losses)		10	341	(69)
Income tax relating to other comprehensive income			(79)	19
Other comprehensive income for the year, net of taxation			266	(75)
Total comprehensive income for the year			2 897	2 353
Profit attributable to:
Owners of Telkom			2 630	2 422
Non-controlling interests			1	6
Profit for the year			2 631	2 428
Total comprehensive income attributable to:
Owners of Telkom			2 896	2 347
Non-controlling interests			1	6
Total comprehensive income for the year			2 897	2 353
Basic earnings per share (cents)		7	536.6	489.9
Diluted earnings per share (cents)		7	519.9	484.0

¹	This component of other comprehensive income does not attract any tax.