Telkom AR front.qxp

142
Telkom Annual Report 2009
Consolidated income statement
for the three years ended March 31, 2009
Restated* Restated* Audited
2007 2008 2009
Notes Rm Rm Rm
Total revenue 3.1 32,919 34,084 36,433
Operating revenue 3.2 32,441 33,611 35,940
Other income 4 338 472 343
Operating expenses 23,028 25,014 29,895
Employee expenses 5.1 7,254 7,629 8,345
Payments to other operators 5.2 5,005 6,098 6,919
Selling, general and administrative expenses 5.3 4,184 4,045 5,772
Service fees 5.4 2,209 2,437 2,756
Operating leases 5.5 775 671 823
Depreciation, amortisation, impairment and write-offs 5.6 3,601 4,134 5,280
Operating profit 9,751 9,069 6,388
Investment income 6 199 168 181
Finance charges and fair value movements 7 857 1,556 2,843
Interest 1,142 1,543 1,732
Foreign exchange and fair value movement (gain)/loss (285) 13 1,111
Profit before taxation 9,093 7,681 3,726
Taxation 8 2,803 2,647 1,660
Profit from continuing operations 6,290 5,034 2,066
Profit for the year from discontinued operations 9 2,559 3,138 2,181
Profit for the year 8,849 8,172 4,247
Attributable to:
Equity holders of Telkom 8,646 7,975 4,170
Minority interest 203 197 77
8,849 8,172 4,247
Total operations
Basic earnings per share (cents) 10 1,681.0 1,565.0 832.8
Diluted earnings per share (cents) 10 1,676.3 1,546.9 819.6
Dividend per share (cents) 10 900.0 1,100.0 660.0
Continuing operations
Basic earnings per share (cents) 10 1,204.7 963.7 407.4
Diluted earnings per share (cents) 10 1,201.3 952.6 401.0
* The amounts have been restated for the effect of the discontinued operation and disposal groups held for sale as disclosed in note 9.