| 10 Earnings per share |
|
Group
|
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|
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|
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| |
|
2017 |
|
|
2016 |
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|
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|
|
|
| Total operations |
|
|
|
|
|
|
| Basic earnings per share (cents) |
|
738.8 |
|
|
432.4 |
|
| The calculation of earnings per share is based on a profit attributable to equity holders of
Telkom for the year of R3 797 million (2016: R2 210 million) and 513 954 385 (2016:
511 157 460) weighted average number of ordinary shares in issue. |
|
|
|
|
|
|
| Diluted earnings per share (cents) |
|
724.1 |
|
|
425.8 |
|
| The calculation of diluted earnings per share is based on a profit attributable to equity holders
of Telkom for the year of R3 797 million (2016: R2 210 million) and 524 370 916 (2016:
518 965 683) diluted weighted average number of ordinary shares in issue. The adjustment in
the weighted average number of shares is as a result of the expected future vesting of shares
already allocated to employees under the Telkom group Share Plan. |
|
|
|
|
|
|
| Headline earnings per share (cents)* |
|
721.1 |
|
|
323.0 |
|
| The calculation of headline earnings per share is based on headline earnings of R3 706 million
(2016: R1 651 million) and 513 954 385 (2016: 511 157 460) weighted average number of
ordinary shares in issue. |
|
|
|
|
|
|
| Diluted headline earnings per share (cents)* |
|
706.7 |
|
|
318.1 |
|
| The calculation of diluted headline earnings per share is based on headline earnings of
R3 706 million (2016: R1 651 million) and 524 370 916 (2016: 518 965 683) diluted weighted
average number of ordinary shares in issue. The adjustment in the weighted average
number of shares is as a result of the expected future vesting of shares already allocated to
employees under the Telkom group Share Plan. |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of weighted average number of ordinary shares: |
|
|
|
|
|
|
|
|
|
| Ordinary shares in issue |
|
526 948 700 |
|
|
526 948 700 |
|
| Weighted average number of treasury shares |
|
(12 994 315) |
|
|
(15 791 240) |
|
| Weighted average number of shares outstanding |
|
513 954 385 |
|
|
511 157 460 |
|
| Reconciliation of diluted weighted average number of ordinary shares |
|
|
|
|
|
|
| Weighted average number of shares outstanding |
|
513 954 385 |
|
|
511 157 460 |
|
| Expected future vesting of shares |
|
10 416 531 |
|
|
7 808 223 |
|
| Diluted weighted average number of shares outstanding |
|
524 370 916 |
|
|
518 965 683 |
|
| * The disclosure of headline earnings is a requirement of the JSE Limited and is not a recognised measure
under IFRS. It has been calculated in accordance with the South African Institute of Chartered Accountants'
circular 2/2015 issued in this regard. |
|
|
|
|
|
|
| Total operations |
|
|
|
|
|
|
| Reconciliation between earnings and headline earnings: |
|
|
|
|
|
|
|
|
|
| Profit for the year |
|
3 854 |
|
|
2 321 |
|
| Non-controlling interest |
|
(57) |
|
|
(111) |
|
| Profit attributable to owners of Telkom |
|
3 797 |
|
|
2 210 |
|
| Profit on disposal of property, plant and equipment and intangible assets |
|
(217) |
|
|
(704) |
|
| Write-offs of property, plant and equipment and intangible assets |
|
143 |
|
|
170 |
|
| Taxation effects |
|
(17) |
|
|
(25) |
|
| Headline earnings |
|
3 706 |
|
|
1 651 |
|
Dividend per share (cents)
The calculation of dividend per share is based on dividends of R1 422 million declared on 4 July 2016 and R692 million declared on
11 November 2016 (31 March 2016: R1 291 million). 526 948 700 number of ordinary shares were outstanding on the date of the
dividend declarations (31 March 2016: 526 948 700).