Telkom AR front.qxp

10. EARNINGS PER SHARE (continued)
Telkom Annual Report 2009 171
Notes to the consolidated annual financial statements (continued)
for the three years ended March 31, 2009
Gross* Net
Continuing operations Rm Rm
2009
Reconciliation between earnings and headline earnings:
Profit from continuing operations 2,066
Minority interest 26
Earnings from continuing operations attributable to equity holders of Telkom 2,040
Profit on disposal of property, plant and equipment and intangible assets (32) (26)
Impairment loss on property, plant and equipment and intangible assets 501 499
Write-offs of property, plant and equipment and intangible assets 322 276
Headline earnings 2,789
2008
Reconciliation between earnings and headline earnings:
Profit from continuing operations 5,034
Minority interest 123
Earnings from continuing operations attributable to equity holders of Telkom 4,911
Profit on disposal of property, plant and equipment and intangible assets (166) (118)
Impairment loss on property, plant and equipment and intangible assets 233 233
Write-offs of property, plant and equipment and intangible assets 285 217
Headline earnings 5,244
2007
Reconciliation between earnings and headline earnings:
Profit from continuing operations 6,290
Minority interest 94
Earnings from continuing operations attributable to equity holders of Telkom 6,196
Profit on disposal of investments (available-for-sale) (43) (31)
Profit on disposal of property, plant and equipment and intangible assets (16) (11)
Write-offs of property, plant and equipment and intangible assets 284 201
Headline earnings 6,355
* These are the gross amounts, before deducting taxation and minority interests.