140 / 172
140
05
Group financial statements
Notes to the condensed consolidated
annual financial statements
– continued
for the year ended 31 March 2017
3 Segment information
- continued
The segment information provided to Exco for the
reportable segments are as follows:
Openserve
Consumer
BCX
Other
Consolidated
Rm
Rm
Rm
Rm
Rm
2016
Transactions with external customers
Operating revenue from external customers
5 310
11 983
18 887
1 145
37 325
Payment to other operators
(2 793)
Cost of sales
(5 011)
Segment net operating revenue
4 362
8 666
15 935
558
29 521
Fixed stream
4 362
7 424
–
–
11 786
Mobile stream
–
1 242
–
–
1 242
BCX group
–
–
15 935
–
15 935
Other
–
–
–
558
558
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
11 786
1 242
16 612
776
(895)
29 521
Other income
484
4
-
882
(89)
1 281
Operating expenses
(9 568)
(1 348)
(4 129)
(5 630)
842
(19 833)
Earnings before interest, tax,
depreciation and amortisation (EBITDA)
for reportable segments
excluding voluntary packages
2 702
(102)
12 483
(3 972)
(142)
10 969
Voluntary severance and early
retirement packages
(2 193)
Depreciation, amortisation, impairment,
write-offs and losses
(5 498)
Operating profit
3 278
Investment income
203
Finance charges and fair value
movement
(622)
Profit before taxation
2 859
Other segment Information**
Capital expenditure of property, plant
and equipment and intangible assets
5 101
660
139
39
–
5 939
*
*
* Includes Enterprise results as if the transaction was effective on 1 April 2015. BCX has been included from the date of acquisition 31 August 2015.
** The R5.9 billion of capital expenditure includes R101 million that was purchased as inventory for network expansion. Refer to note 8.