139 / 172
139
Telkom Integrated Report 2017
Reconciliation of operating profit
to profit before tax
Fixed stream Mobile stream
BCX
Other Eliminations
Consolidated
Rm
Rm
Rm
Rm
Rm
Rm
Transactions with external customers
and within the segments (before cost
allocations and eliminations)
Segment net operating revenue
15 189
2 004
17 692
631
(3 662)
31 854
Other income
692
62
58
503
(581)
734
Operating expenses
(9 617)
(1 467)
(9 806)
(4 930)
4 173
(21 647)
Earnings before interest, tax,
depreciation and amortisation (EBITDA)
for reportable segments excluding
voluntary packages
6 264
599
7 944
(3 796)
(70)
10 941
Voluntary severance and early
retirement packages
(66)
Depreciation, amortisation, impairment,
write-offs and losses
(5 661)
Operating profit
5 214
Investment income
219
Finance charges and fair value
movement
(888)
Profit before taxation
4 545
Other segment Information**
Capital expenditure of property, plant
and equipment and intangible assets
6 262
1 936
366
42
–
8 606
The segment information provided to Exco for
the reportable segments is as follows:
Openserve
Consumer
BCX
Other Consolidated
Rm
Rm
Rm
Rm
Rm
March 2017
Transactions with external customers
Operating revenue from external customers
5 150
15 048
19 686
1 086
40 970
Payment to other operators
(2 618)
Cost of sales
(6 498)
Segment net operating revenue
3 819
10 978
16 559
498
31 854
Fixed stream
3 819
8 974
–
–
12 793
Mobile stream
–
2 004
–
–
2 004
BCX group
–
–
16 559
–
16 559
Other
–
–
–
498
498
*
*
*Includes Enterprise results as if the transaction was effective on 1 April 2016.
** The R8.6 billion of capital expenditure includes R48 million that was purchased as inventory for network expansion. Refer to note 8.