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Statements of changes in equityfor the year ended 31 March 2022

Attributable to equity holders of Telkom 
Group  Share 
capital 
Rm
 
Non- 
distributable 
reserves 
Rm
 
Share-based 
compensation 
reserve 
Rm
 
Retained 
earnings 
Rm
 
Total 
Rm
 
Non- 
controlling 
interest 
Rm
 
Total 
equity 
Rm
 
Balance as at 1 April 2020 (as previously reported) 5 050  1 642  835  21 977  29 504  (29) 29 475 
Restatement of third party service costs  –  –  –  (114) (114) –  (114)
Restated balance at 1 April  5 050  1 642  835  21 863  29 390  (29) 29 361 
Correction of prior period error during 2021  –  –  –  (44) (44) –  (44)
Total comprehensive income  –  (25) –  2 372  2 347  2 353 
Profit for the year  –  –  –  2 422  2 422  2 428 
Other comprehensive income  –  (25) –  (50) (75) –  (75)
Exchange losses on translating foreign operations  –  (25) –  –  (25) –  (25)
Net defined benefit plan remeasurements  –  –  –  (50) (50) –  (50)
Transactions with owners recorded directly in equity 
Fair value movement on the sinking fund investment transferred to non-distributable reserves (refer to note 25) –  –  (1) –  –  – 
Movement on the insurance service result transferred to non-distributable reserves (refer to note 25) –  15  –  (15) –  –  – 
Increase in share-based compensation reserve (refer to note 24) –  –  154  –  154  –  154 
Increase in subsidiaries' share-based compensation reserve (refer to note 24) –  –  49  –  49  –  49 
Vesting of Telkom and BCX share plan (refer to note 24) –  (2) –  –  –  – 
Escrow shares realised for settlement to employees (refer to note 25) –  12  –  –  12  –  12 
Increase in treasury shares (refer to note 25) –  (286) –  –  (286) –  (286)
Dividend declared (refer to note 34) –  –  –  (256) (256) –  (256)
Contributions by and distributions to non-controlling interest 
Dividend declared1  –  –  –  –  –  (2) (2)
Balance at 31 March 2021  5 050  1 361  1 036  23 919  31 366  (25) 31 341 

Attributable to equity holders of Telkom 
Group   Share 
capital 
Rm
 
Non- 
distributable 
reserves 
Rm
 
Share-based 
compensation 
reserve 
Rm
 
Retained 
earnings 
Rm
 
Total 
Rm
 
Non- 
controlling 
interest 
Rm
 
Total 
equity 
Rm
 
Balance at 1 April 2021 (as previously reported) 5 050  1 361  1 036  23 919  31 366  (25) 31 341 
Total comprehensive income    4    2 892  2 896  1  2 897 
Profit for the year        2 630  2 630  1  2 631 
Other comprehensive income    4    262  266    266 
Exchange gains on translating foreign operations    4      4    4 
Net defined benefit plan remeasurements        262  262    262 
Transactions with owners recorded directly in equity                      
Movement on the insurance service result transferred to non-distributable reserves (refer to note 25)   (2)   2       
Increase in share-based compensation reserve (refer to note 24)     164    164    164 
Increase in subsidiaries' share-based compensation reserve (refer to note 24)     39    39    39 
Vesting of Telkom and BCX share plan (refer to note 25)   1  (1)        
Increase in treasury shares (refer to note 25)2    (396)     (396)   (396)
Contributions by and distributions to non-controlling interest                      
Dividend declared1            (1) (1)
Balance at 31 March 2022  5 050  968  1 238  26 813  34 069  (25) 34 044 
1 Dividend declared includes dividend to the non-controlling interests of the BCX Group.
2 Treasury shares increased due to the share buy-back for the Telkom and subsidiaries long-term incentive share scheme.
             

   Attributable to equity holders of Telkom 
Company  Share
capital
Rm 
Non-
distributable
reserves
Rm 
Share-based
compensation
reserve
Rm 
Retained
earnings
Rm 
Total
equity
Rm 
Balance as at 1 April 2020 (as previously reported) 5 050  989  810  19 709  26 558 
Total comprehensive income  –  –  –  1 680  1 680 
Profit for the year  –  –  –  1 730  1 730 
Other comprehensive income  –  –  –  (50) (50)
Net defined benefit plan remeasurements  –  –  –  (50) (50)
Transactions with owners recorded directly in equity                
Fair value movement on the sinking fund investment transferred to non-distributable reserves (refer to note 25) –  –  (1) – 
Movement on the insurance service result transferred to non-distributable reserves (refer to note 25) –  15  –  (15) – 
Increase in treasury shares (refer to note 25) –  (285) –  –  (285)
Escrow shares realised for settlement to employees (refer to note 25) –  12  –  –  12 
Increase in share-based compensation reserve (refer to note 24) –  –  154  –  154 
Dividend declared (refer to note 34) –  –  –  (256) (256)
Balance at 31 March 2021  5 050  732  964  21 117  27 863 
Balance at 1 April 2021 (as previously reported) 5 050  732  964  21 117  27 863 
Total comprehensive income        5 075  5 075 
Profit for the year        4 814  4 814 
Other comprehensive income        261  261 
Net defined benefit plan remeasurements        261  261 
Transactions with owners recorded directly in equity                
Movement on the insurance service result transferred to non-distributable reserves (refer to note 25)   (2)   2   
Increase in treasury shares (refer to note 25)1    (204)     (204)
Increase in share-based compensation reserve (refer to note 24)     164    164 
Balance at 31 March 2022  5 050  526  1 128  26 194  32 898 
1 Treasury shares increased due to the share buy-back for the Telkom long-term incentive share scheme.
         
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