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Telkom Annual Report 2009 215
Notes to the consolidated annual financial statements (continued)
for the three years ended March 31, 2009
34. TAXATION PAID *
2007 2008 2009
Rm Rm Rm
(5,690) (4,277) (3,947)
Taxation payable at beginning of year (1,549) (74) (314)
Current taxation (excluding deferred taxation) (3,545) (3,807) (3,412)
Foreign currency translation reserve – (32) 2
Business combinations – – 2
Secondary taxation on companies (670) (678) (425)
Taxation payable at end of year 74 314 200
Reconciliation of net taxation liability at end of year** (74) (314) (200)
Income taxation receivable 520 9 125
Continuing operations 520 9 91
Disposal groups – – 34
Income taxation payable (594) (323) (325)
Continuing operations (594) (323) (50)
Disposal groups – – (275)
* Cash flows includes the cash flows related to assets held for sale
and disposal groups.
** The split income taxation receivable and income taxation payable was split in 2009
to disclose the effect of the discontinued operations.
35. DIVIDEND PAID (4,784) (5,732) (3,336)
Dividend payable at beginning of year (4) (15) (20)
Declared during the year – Dividend on ordinary shares: (4,678) (5,627) (3,306)
Final dividend for 2006: 500 cents (2,599) – –
Special dividend for 2006: 400 cents (2,079) – –
Final dividend for 2007: 600 cents – (3,069) –
Special dividend for 2007: 500 cents – (2,558) –
Final dividend for 2008: 660 cents – – (3,306)
Dividends paid to minority interest (117) (110) (33)
Dividend payable at end of year 15 20 23