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Abbreviations

ALL
A
B
C
D
E
F
G
I
J
L
M
O
P
R
S
T
U
V
Z
AGM
Annual General Meeting
ALM
Asset Liability Model
ASA
Additional share award
BCX
Business Connexion (Pty) Ltd
B-BBEE
Broad-Based Black Economic Empowerment
Capex
Capital expenditure
CGU
Cash-generating unit
CODM
Chief operating decision maker
CPI
Consumer price index
CPE
Customer premises equipment
CWIP
Capital work in progress
DTA
Deferred tax asset
EBITDA
Earnings before investment income and finance cost, tax, depreciation, amortisation and write-offs, impairments and losses
ECA
Export Credit Agency
ECL
Expected credit loss
ESD
Enterprise and supplier development
ESOP
Employee share ownership plan
Exco
Group Executive Committee
FCTR
Foreign currency translation reserve
FEC
Foreign exchange contract
FSP
Forfeitable share plan
FVTPL
Fair value through profit or loss
GCEO
Group Chief Executive Officer
GCFO
Group Chief Financial Officer
GDP
Gross Domestic Product
IAS
International Accounting Standard
IASB
International Accounting Standards Board
ICASA
Independent Communications Authority of South Africa
IFRS
IFRS® Accounting Standards
IT
Information technology
JIBAR
Johannesburg Interbank Average Rate
JSE
Johannesburg Stock Exchange
LTIP
Long-term incentive plan
MFRF
Mutual and Federal Risk Finance
Opex
Operating expenses
POTN
Packet Optical Transport Network
PPE
Property, plant and equipment
ROU
Right-of-use
SAA
Strategic asset allocation
SAICA
South African Institute of Chartered Accountants
SARB
South African Reserve Bank
SARS
South African Revenue Services
SCF
Supply chain financing
SIU
Special Investigating Unit
SMB
Small and Medium Business
SMME
Small, medium and micro enterprise
SMS
Short Message Service
TKG
The Telkom Group's JSE share code
TRF
Telkom Retirement Fund
USD
United States dollar
VAT
Value-Added Tax
ZARONIA
South African Rand Overnight Index Average
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