Preliminary condensed consolidated annual financial statements
for the year ended 31 March 2009

 

Consolidated Income Statement

  for the year ended 31 March 2009     2009   2008   2007  
        Rm   Rm   Rm  
    Notes   Reviewed   Audited   Audited  
  Revenue     55 187.1   48 177.8   41 146.4  
  Other operating income     254.8   155.6   119.8  
  Direct network operating cost     (30 421.6)   (26 299.5)   (22 439.8)  
  Depreciation     (3 948.0)   (3 366.0)   (2 901.8)  
  Staff expenses     (3 618.7)   (2 975.4)   (2 372.5)  
  Marketing and advertising expenses     (1 523.6)   (1 264.3)   (1 146.4)  
  Broad-based black economic empowerment                
    charge 3   (1 382.4)      
  Other operating expenses     (1 696.0)   (1 362.4)   (1 063.6)  
  Amortisation of intangible assets     (734.8)   (545.2)   (459.4)  
  Impairment of assets     (112.2)   (29.9)   (22.9)  
  Operating profit     12 004.6   12 490.7   10 859.8  
  Finance income     108.2   72.3   74.5  
  Finance costs     (1 459.5)   (681.3)   (369.3)  
  (Losses)/Gains on remeasurement and disposal                
    of financial instruments     (397.5)   185.1   (169.0)  
  Loss from associate     (18.9)      
  Profit before taxation     10 236.9   12 066.8   10 396.0  
  Taxation     (4 045.0)   (4 109.2)   (3 836.0)  
  Net profit     6 191.9   7 957.6   6 560.0  
  Attributable to:                
  Equity shareholders     6 089.3   7 811.4   6 342.4  
  Minority interests     102.6   146.2   217.6  
        6 191.9   7 957.6   6 560.0  
                   
        2009   2008   2007  
        Cents   Cents   Cents  
        Reviewed   Reviewed   Reviewed  
  Basic and diluted earnings per share 2   409.2   525.0   426.3