2 Accounting framework and significant judgements
2.7 Restatement of the statement of profit or loss and other comprehensive income
 
   Group 
   For the year ended 31 March 2023 
   As 
previously 
reported 
Rm 
IFRS 171
Rm  
Swiftnet 
discontinued 
operation2
Rm 
BCX revenue 
and costs3
Rm 
Restated 
Rm 
Revenue  43 138  203  (696) (807) 41 838 
  Operating revenue  42 777    (696) (807) 41 274 
  Interest revenue  361        361 
  Insurance revenue    203      203 
Other income  863        863 
Insurance service result  1  (1)      
Payments to other operators  (3 399)       (3 399)
Cost of handsets, equipment, software and directories  (7 089)     748  (6 341)
Sales commission, incentives and logistical costs  (2 522)       (2 522)
Insurance service expenses    (209)     (209)
Employee expenses  (9 292)       (9 292)
Other expenses  (2 384)   1  59  (2 324)
Wholesale voice and non-voice services  (196)       (196)
Maintenance  (4 154)   2    (4 152)
Marketing  (812)       (812)
Impairment of receivables, contract assets and loans  (1 255)   18    (1 237)
Service fees  (4 080)   210    (3 870)
Lease-related expenses  (332)   7    (325)
EBITDA  8 487  (7) (458)   8 022 
Depreciation of property, plant and equipment  (5 125)   33    (5 092)
Depreciation of right-of-use assets  (1 274)   19    (1 255)
Amortisation of intangible assets  (746)       (746)
Write-offs and impairments of property, plant and equipment and                
intangible assets  (13 508)   12    (13 496)
Operating loss  (12 166) (7) (394)   (12 567)
Investment income  148  7  (15)   140 
Net finance charges, hedging costs and fair value movements  (1 484)   (1)   (1 485)
  Finance charges on lease liabilities  (488)   10    (478)
  Net finance charges – other  (972)   (15)   (987)
  Foreign exchange and fair value movements  (24)   4    (20)
Loss before taxation  (13 502)   (410)   (13 912)
Taxation  3 531    113    3 644 
Loss for the year from continuing operations  (9 971)   (297)   (10 268)
Profit from discontinued operation      297    297 
Loss for the year  (9 971)       (9 971)
Total comprehensive loss for the year  (9 883)       (9 883)
Loss attributable to:                
Owners of Telkom  (9 973)       (9 973)
Non-controlling interests  2        2 
Loss for the year  (9 971)       (9 971)
Total comprehensive loss attributable to:                
Owners of Telkom  (9 885)       (9 885)
Non-controlling interests  2        2 
Total comprehensive loss for the year  (9 883)       (9 883)
1 Refer to note 2.2.1.
2 Refer to notes 12.2.
3 3 Refer to note 2.3.
   Company 
   For the year ended 31 March 2023 
Extract from the statement of profit or loss and other comprehensive income   As previously  
reported  
Rm  
 IFRS 171
Rm  
 Restated  
Rm  
Revenue   33 687   203   33 890  
  Operating revenue  33 368     33 368  
  Interest revenue  319     319  
  Insurance revenue    203   203  
Insurance service result  1   (1)   
Insurance service expenses    (209)  (209) 
EBITDA   4 824   (7)  4 817  
Operating loss   (11 294)  (7)  (11 301) 
Investment income  1 058   7   1 065  
Loss before taxation   (11 783)    (11 783) 
Taxation  2 039     2 039  
Loss for the year   (9 744)    (9 744) 
1 Refer to note 2.2.1.