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Statements of changes in equity

for the year ended 31 March 2025

   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 2023  5 050  739  1 414  16 981  24 184  (23) 24 161 
Total comprehensive income  —  11  —  1 880  1 891  1 895 
Profit for the year  —  —  —  1 877  1 877  1 881 
Other comprehensive income  —  11  —  14  —  14 
Exchange gains on translating foreign operations  —  11  —  —  11  —  11 
Net defined benefit plan remeasurements  —  —  —  — 
Transactions with owners recorded directly in equity  —  —  36  —  —  —  — 
Increase in share-based compensation reserve (refer to note 9.2) —  —  85  —  36  —  36 
Increase in subsidiaries' share-based compensation reserve (refer to note 9.2) —  —  —  —  85  —  85 
Dividend declared (refer to note 9.4) —  —  —  —  —  (2) (2)
Balance at 31 March 2024  5 050  750  1 535  18 861  26 196  (21) 26 175 
Balance at 1 April 2024  5 050  750  1 535  18 861  26 196  (21) 26 175 
Total comprehensive (loss)/income    (13)   7 495  7 482  6  7 488 
Profit for the year        7 497  7 497  6  7 503 
Other comprehensive loss    (13)   (2) (15)   (15)
Exchange loss on translating foreign operations    (13)     (13)   (13)
Net defined benefit plan remeasurements        (2) (2)   (2)
Transactions with owners recorded directly in equity                      
Increase in treasury shares from BCX (refer to note 9.3)   (45)     (45)   (45)
Increase in share-based compensation reserve (refer to note 9.2)     38    38    38 
Increase in subsidiaries' share-based compensation reserve (refer to note 9.2)     37    37    37 
Increase in treasury shares (refer to note 9.3)   (107)     (107)   (107)
Dividend declared (refer to note 9.4)           (1) (1)
Balance at 31 March 2025  5 050  585  1 610  26 356  33 601  (16) 33 585 
   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 at 1 April 2023  5 050  278  1 250  16 516  23 094 
Total comprehensive income  —  —  —  3 556  3 556 
Profit for the year  —  —  —  3 552  3 552 
Other comprehensive income  —  —  — 
Net defined benefit plan remeasurements  —  —  — 
Transactions with owners recorded directly in equity                
Increase in share-based compensation reserve (refer to note 9.2) —  —  36  —  36 
Increase in Openserve share-based compensation reserve (refer to note 9.2) —  —  35  —  35 
Balance at 31 March 2024  5 050  278  1 321  20 072  26 721 
Balance at 1 April 2024  5 050  278  1 321  20 072  26 721 
Total comprehensive income        7 123  7 123 
Profit for the year        7 122  7 122 
Other comprehensive income        1  1 
Net defined benefit plan remeasurements        1  1 
Transactions with owners recorded directly in equity                
Increase in treasury shares (refer to note 9.3)   (107)     (107)
Increase in Gyro share-based compensation reserve (refer to note 9.2)     6    6 
Increase in share-based compensation reserve (refer to note 9.2)     38    38 
Increase in Openserve share-based compensation reserve (refer to note 9.2)     9    9 
Balance at 31 March 2025  5 050  171  1 374  27 195  33 790 
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