Telkom AR front.qxp

Notes to the annual financial statements (continued)
for the three years ended March 31, 2009
Telkom Annual Report 2009 297
2007 2008 2009
Rm Rm Rm
24. PROVISIONS 1,203 1,445 1,830
Employee related 2,351 2,477 3,079
Annual leave 363 364 415
Balance at beginning of year 316 363 364
Charged to employee expenses 53 10 66
Leave paid (6) (9) (15)
Post-retirement medical aid (refer to note 25) 1,120 1,336 1,723
Balance at beginning of year 2,589 1,120 1,336
Interest cost 285 321 426
Current service cost 83 84 95
Expected return on plan asset (188) (257) (223)
Actuarial loss 149 129 157
Termination settlement – – (5)
Plan asset – initial recognition (1,720) – –
Contributions paid (78) (61) (63)
Telephone rebates (refer to note 25) 282 287 325
Balance at beginning of year 198 282 287
Interest cost 19 22 39
Current service cost 4 3 6
Past service cost 76 2 2
Actuarial loss 5 – 14
Benefits paid (20) (22) (23)
Bonus 586 490 616
Balance at beginning of year 637 586 490
Charged to employee expenses 656 473 577
Payments made (707) (569) (451)
Non-employee related 558 608 704
Supplier dispute (refer to note 35) 527 569 664
Balance at beginning of year – 527 569
Net movements 527 42 95
Other 31 39 40
Less: Current portion of provisions (1,706) (1,640) (1,953)
Annual leave (363) (364) (415)
Post-retirement medical aid (185) (185) (224)
Telephone rebates (26) (26) (29)
Bonus (586) (490) (616)
Supplier dispute (refer to note 35) (527) (569) (664)
Other (19) (6) (5)