| Group | Company | ||||
| Notes | 31 March 2022 Rm |
31 March 2021 Rm |
31 March 2022 Rm |
31 March 2021 Rm |
|
| Revenue | 4 | 42 756 | 43 222 | 38 272 | 39 220 |
|---|---|---|---|---|---|
| Operating revenue | 42 474 | 42 939 | 38 016 | 38 980 | |
| Interest revenue | 282 | 283 | 256 | 240 | |
| Other income | 5 | 686 | 619 | 1 240 | 1 018 |
| Insurance service result | 15.2 | (2) | 15 | (2) | 15 |
| Payments to other operators1 | (3 393) | (3 878) | (3 318) | (3 822) | |
| Cost of handsets, equipment, software and directories | 6.1 | (5 648) | (4 781) | (3 589) | (2 722) |
| Sales commission, incentives and logistical costs | 6.2 | (2 516) | (2 425) | (2 369) | (2 243) |
| Enterprise subcontracting costs2 | – | – | (6 415) | (7 157) | |
| Employee expenses | 6.3 | (8 693) | (9 312) | (4 528) | (4 762) |
| Other expenses | 6.4 | (2 315) | (2 197) | (992) | (953) |
| Maintenance | (3 879) | (3 971) | (4 728) | (4 871) | |
| Marketing | (729) | (747) | (649) | (671) | |
| Impairment of receivables and contract assets | 19 | (803) | (1 039) | (690) | (884) |
| Service fees | 6.5 | (3 388) | (3 316) | (2 878) | (2 858) |
| Lease-related expenses | 6.6 | (168) | (487) | (95) | (449) |
| EBITDA | 11 908 | 11 703 | 9 259 | 8 861 | |
| Depreciation of property, plant and equipment | 6.7 | (4 713) | (4 918) | (4 298) | (4 546) |
| Depreciation of right-of-use assets | 6.7 | (1 184) | (947) | (1 643) | (1 416) |
| Amortisation of intangible assets | 6.7 | (831) | (805) | (729) | (708) |
| Write-offs and impairments of property, plant and equipment and intangible assets | 6.7 | (247) | (200) | (202) | (193) |
| Operating profit | 4 933 | 4 833 | 2 387 | 1 998 | |
| Investment income | 7 | 144 | 188 | 4 163 | 1 643 |
| Income from associates | – | 1 | – | – | |
| Net finance charges and fair value movements | 8 | (1 279) | (1 527) | (1 423) | (1 747) |
| Finance charges on lease liabilities | (450) | (445) | (517) | (560) | |
| Net finance charges – other | (662) | (804) | (745) | (936) | |
| Cost of hedging | – | (153) | – | (153) | |
| Foreign exchange and fair value movements | (167) | (125) | (161) | (98) | |
| Profit before taxation | 3 798 | 3 495 | 5 127 | 1 894 | |
| Taxation | 9 | (1 167) | (1 067) | (313) | (164) |
| Profit for the year | 2 631 | 2 428 | 4 814 | 1 730 | |
| Other comprehensive income Items that will be reclassified subsequently to profit or loss | |||||
| Exchange gains/(losses) on translating foreign operations3 | 25 | 4 | (25) | – | – |
| Items that will not be reclassified to profit or loss | |||||
| Defined benefit plan actuarial gains/(losses) | 29 | 341 | (69) | 340 | (69) |
| Income tax relating to other comprehensive income | (79) | 19 | (79) | 19 | |
| Other comprehensive income for the year, net of taxation | 266 | (75) | 261 | (50) | |
| Total comprehensive income for the year | 2 897 | 2 353 | 5 075 | 1 680 | |
| Profit attributable to: | |||||
| Owners of Telkom | 2 630 | 2 422 | 4 814 | 1 730 | |
| Non-controlling interests | 1 | 6 | – | – | |
| Profit for the year | 2 631 | 2 428 | 4 814 | 1 730 | |
| Total comprehensive income attributable to: | |||||
| Owners of Telkom | 2 896 | 2 347 | 5 075 | 1 680 | |
| Non-controlling interests | 1 | 6 | – | – | |
| Total comprehensive income for the year | 2 897 | 2 353 | 5 075 | 1 680 | |
| Basic earnings per share (cents) | 10 | 536.6 | 489.9 | ||
| Diluted earnings per share (cents) | 10 | 519.9 | 484.0 | ||
| 1 | Payments to other operators decreased mainly due to lower mobile roaming and interconnect traffic. |
| 2 | Subcontracting costs relates to Enterprise customer contracts which Telkom sold to BCX, refer to note 4. |
| 3 | This component of other comprehensive income does not attract any tax. |