| Group | Company | ||||
| Notes | 31 March 2023 Rm |
31 March2 2022 Rm |
31 March 2023 Rm |
31 March 2022 Rm |
|
| Revenue | 3.2.1 | 43 138 | 42 756 | 33 687 | 38 272 |
|---|---|---|---|---|---|
| Operating revenue | 42 777 | 42 474 | 33 368 | 38 016 | |
| Interest revenue | 361 | 282 | 319 | 256 | |
| Other income | 3.3 | 863 | 686 | 1 780 | 1 240 |
| Insurance service result | 7.2.3 | 1 | (2) | 1 | (2) |
| Payments to other operators | (3 399) | (3 393) | (2 964) | (3 318) | |
| Cost of handsets, equipment, software and directories | 3.4.1 | (7 089) | (5 648) | (4 280) | (3 589) |
| Sales commission, incentives and logistical costs | 3.4.2 | (2 522) | (2 516) | (2 521) | (2 369) |
| Enterprise subcontracting costs1 | – | – | (5 592) | (6 415) | |
| Employee expenses | 3.4.3 | (9 292) | (8 693) | (3 397) | (4 528) |
| Other expenses | 3.4.4 | (2 384) | (2 256) | (857) | (992) |
| Wholesale voice and non-voice services2 | 3.4.5 | (196) | (59) | (3 574) | – |
| Maintenance | 3.4.6 | (4 154) | (3 879) | (3 241) | (4 728) |
| Marketing | 3.4.7 | (812) | (729) | (712) | (649) |
| Impairment of receivables, contract assets and loans | 7.1.4 | (1 255) | (803) | (1 145) | (690) |
| Service fees | 3.4.8 | (4 080) | (3 388) | (2 171) | (2 878) |
| Lease-related expenses | 3.4.9 | (332) | (168) | (190) | (95) |
| EBITDA | 8 487 | 11 908 | 4 824 | 9 259 | |
| Depreciation of property, plant and equipment | 3.4.10 | (5 125) | (4 713) | (3 038) | (4 298) |
| Depreciation of right-of-use assets | 3.4.10 | (1 274) | (1 184) | (1 439) | (1 643) |
| Depreciation of investment property | 3.4.10 | – | – | (55) | – |
| Amortisation of intangible assets | 3.4.10 | (746) | (831) | (577) | (729) |
| Write-offs and impairments of property, plant and equipment and intangible assets | 3.4.10 | (13 508) | (247) | (6 354) | (202) |
| Impairment of investment in subsidiaries | 7.2.1 | – | – | (4 655) | – |
| Operating (loss)/profit | (12 166) | 4 933 | (11 294) | 2 387 | |
| Investment income | 6.1 | 148 | 144 | 1 057 | 4 163 |
| Net finance charges and fair value movements | 6.2 | (1 484) | (1 279) | (1 546) | (1 423) |
| Finance charges on lease liabilities | (488) | (450) | (464) | (517) | |
| Net finance charges – other | (972) | (662) | (1 115) | (745) | |
| Foreign exchange and fair value movements | (24) | (167) | 33 | (161) | |
| (Loss)/profit before taxation | (13 502) | 3 798 | (11 783) | 5 127 | |
| Taxation | 8.1 | 3 531 | (1 167) | 2 039 | (313) |
| (Loss)/profit for the year | (9 971) | 2 631 | (9 744) | 4 814 | |
| Other comprehensive income | |||||
| Items that will be reclassified subsequently to profit or loss | |||||
| Exchange gains on translating foreign operations3 | 9.3 | 17 | 4 | – | – |
| Items that will not be reclassified to profit or loss | |||||
| Defined benefit plan actuarial gains | 10.1 | 98 | 341 | 101 | 340 |
| Income tax relating to other comprehensive income | (27) | (79) | (28) | (79) | |
| Other comprehensive income for the year, net of taxation | 88 | 266 | 73 | 261 | |
| Total comprehensive (loss)/income for the year | (9 883) | 2 897 | (9 671) | 5 075 | |
| (Loss)/profit attributable to: | |||||
| Owners of Telkom | (9 973) | 2 630 | (9 744) | 4 814 | |
| Non-controlling interests | 2 | 1 | – | – | |
| (Loss)/profit for the year | (9 971) | 2 631 | (9 744) | 4 814 | |
| Total comprehensive (loss)/income attributable to: | |||||
| Owners of Telkom | (9 885) | 2 896 | (9 671) | 5 075 | |
| Non-controlling interests | 2 | 1 | – | – | |
| Total comprehensive (loss)/income for the year | (9 883) | 2 897 | (9 671) | 5 075 | |
| Basic (loss)/earnings per share (cents) | 3.5 | (2 058.9) | 536.6 | ||
| Diluted (loss)/earnings per share (cents) | 3.5 | (2 058.9) | 519.9 | ||
| 1 | Subcontracting costs relate to enterprise customer contracts which Telkom sold to BCX (refer to note 3.2.1). |
| 2 | Wholesale voice and non-voices services are Openserve charges to Telkom Company for data connectivity, broadband access, managed services and line rental cost. In the prior year, these expenses were interdivisional. These interdivisional expenses would have been eliminated before the carve-out within Telkom Company as it related to business units within the Company. Post the carve-out, these expenses are not eliminated at Company level, resulting in an increase in the overall balance. In the prior year, wholesale voice and non-voice services were included in the other expenses line item. At a Group level, the prior year has been re-presented to be consistent with the Company disclosure. |
| 3 | This component of other comprehensive income does not attract any tax. |