|
Operating results for the year ended 31 March 2009
| |
|
South |
|
Inter- |
|
|
|
Corporate/ |
|
|
|
| |
Rm |
Africa |
|
national |
|
Gateway |
|
Eliminations |
|
Group |
|
| |
Airtime and access |
25 771 |
|
4 560 |
|
- |
|
- |
|
30 331 |
|
| |
Data |
5 973 |
|
468 |
|
- |
|
- |
|
6 441 |
|
| |
Interconnection |
8 632 |
|
1 187 |
|
- |
|
(20) |
|
9 799 |
|
| |
Equipment sales |
5 190 |
|
128 |
|
- |
|
(18) |
|
5 300 |
|
| |
International airtime |
1 496 |
|
654 |
|
- |
|
(64) |
|
2 086 |
|
| |
Other |
421 |
|
6 |
|
808 |
|
(5) |
|
1 230 |
|
| |
Revenue |
47 483 |
|
7 003 |
|
808 |
|
(107) |
|
55 187 |
|
| |
Other operating income |
250 |
|
96 |
|
- |
|
(91) |
|
255 |
|
| |
Direct network expenses |
(26 357) |
|
(3 575) |
|
(616) |
|
126 |
|
(30 422) |
|
| |
Employee expenses |
(2 447) |
|
(807) |
|
(57) |
|
(308) |
|
(3 619) |
|
| |
Marketing and advertising |
(1 099) |
|
(408) |
|
(3) |
|
(13) |
|
(1 523) |
|
| |
Other operating expenses |
(1 620) |
|
(474) |
|
(32) |
|
430 |
|
(1 696) |
|
| |
Depreciation |
(2 843) |
|
(1 057) |
|
(21) |
|
(27) |
|
(3 948) |
|
| |
Amortisation of intangible assets |
(607)
|
|
(67) |
|
(46) |
|
(15) |
|
(735) |
|
| |
Impairment of assets |
(6) |
|
(106) |
|
- |
|
- |
|
(112) |
|
| |
Adjusted operating profit1 |
12 754 |
|
606 |
|
33 |
|
(6.0) |
|
13 387 |
|
| |
BBBEE charge |
(1 382) |
|
- |
|
- |
|
|
|
(1 382) |
|
| |
Operating profit |
11 372 |
|
606 |
|
33 |
|
(6.0) |
|
12 005 |
|
| |
Net finance charges |
|
|
|
|
|
|
|
|
(1 749) |
|
| |
Loss from associates |
|
|
|
|
|
|
|
|
(19) |
|
| |
Profit before taxation |
|
|
|
|
|
|
|
|
10 237 |
|
| |
Taxation |
|
|
|
|
|
|
|
|
(4 045) |
|
| |
Net profit |
|
|
|
|
|
|
|
|
6 192 |
|
| |
EBITDA |
16 222 |
|
1 835 |
|
100 |
|
39 |
|
18 196 |
|
| |
EBITDA margin (%) |
34.2 |
|
26.2 |
|
12.4 |
|
- |
|
33.0 |
|
| |
Operating profit margin (%) |
23.9 |
|
8.7 |
|
4.1 |
|
- |
|
21.8 |
|
1 Adjusted operating profit excludes the BBBEE charge of R1 382 million.
Operating results for the year ended 31 March 2008
| |
|
South |
|
Inter- |
|
|
|
Corporate/ |
|
|
|
| |
Rm |
Africa |
|
national |
|
Gateway |
|
Eliminations |
|
Group |
|
| |
Airtime and access |
23 596 |
|
3 499 |
|
- |
|
- |
|
27 095 |
|
| |
Data |
4 670 |
|
332 |
|
- |
|
- |
|
5 002 |
|
| |
Interconnection |
7 945 |
|
960 |
|
- |
|
(18) |
|
8 887 |
|
| |
Equipment sales |
4 942 |
|
120 |
|
- |
|
(10) |
|
5 052 |
|
| |
International airtime |
1 396 |
|
479 |
|
- |
|
(39) |
|
1 836 |
|
| |
Other |
303 |
|
3 |
|
- |
|
- |
|
306 |
|
| |
Revenue |
42 852 |
|
5 393 |
|
- |
|
(67) |
|
48 178 |
|
| |
Other operating income |
152 |
|
10 |
|
- |
|
(6) |
|
156 |
|
| |
Direct network expenses |
(23 653) |
|
(2 725) |
|
- |
|
78 |
|
(26 300) |
|
| |
Employee expenses |
(2 159) |
|
527) |
|
- |
|
(290) |
|
(2 976) |
|
| |
Marketing and advertising |
(993) |
|
(279) |
|
- |
|
8 |
|
(1 264) |
|
| |
Other operating expenses |
(1 438) |
|
(326) |
|
- |
|
402 |
|
(1 362) |
|
| |
Depreciation |
(2 607) |
|
(742) |
|
- |
|
(17) |
|
(3 366) |
|
| |
Amortisation of intangible assets |
(450) |
|
(56) |
|
- |
|
(39) |
|
(545) |
|
| |
Impairment of assets |
- |
|
(30) |
|
- |
|
- |
|
(30) |
|
| |
Operating profit |
11 704 |
|
718 |
|
- |
|
69 |
|
12 491 |
|
| |
Net finance charges |
|
|
|
|
|
|
|
|
(424) |
|
| |
Profit before taxation |
|
|
|
|
|
|
|
|
12 067 |
|
| |
Taxation |
|
|
|
|
|
|
|
|
(4 109) |
|
| |
Net profit |
|
|
|
|
|
|
|
|
7 958 |
|
| |
EBITDA |
14 790 |
|
1 546 |
|
- |
|
127 |
|
16 463 |
|
| |
EBITDA margin (%) |
34.5 |
|
28.7 |
|
- |
|
- |
|
34.2 |
|
| |
Operating profit margin (%) |
27.3 |
|
13.3 |
|
- |
|
- |
|
25.9 |
|
|
