for the year ended 31 March 2025
| Group | Company | ||||
| Notes | 31 March 2025 Rm |
31 March 2024 Rm |
31 March 2025 Rm |
31 March 2024 Rm |
|
| Continuing operations | |||||
| Revenue | 3.2.1 | 43 880 | 42 463 | 32 287 | 30 865 |
| Operating revenue | 43 228 | 41 805 | 31 696 | 30 270 | |
| Interest revenue | 360 | 377 | 299 | 314 | |
| Insurance revenue | 7.2.3.1 | 292 | 281 | 292 | 281 |
| Other income | 3.3 | 1 552 | 895 | 7 094 | 1 751 |
| Payments to other operators | 3.4.1 | (2 693) | (3 328) | (2 116) | (2 664) |
| Cost of handsets, equipment, software and directories | 3.4.2 | (5 185) | (6 125) | (3 731) | (3 867) |
| Sales commission, incentives and logistical costs | 3.4.3 | (3 214) | (2 748) | (3 214) | (2 748) |
| Enterprise subcontracting costs1 | — | — | (4 498) | (4 623) | |
| Insurance service expenses | 7.2.3.1 | (202) | (185) | (202) | (185) |
| Employee expenses | 3.4.4 | (8 813) | (7 895) | (2 179) | (1 519) |
| Other expenses | 3.4.5 | (2 763) | (2 195) | (903) | (697) |
| Wholesale voice and non-voice services | 3.4.6 | — | — | (5 196) | (5 638) |
| Maintenance | 3.4.7 | (5 043) | (4 842) | (3 025) | (2 608) |
| Marketing | (955) | (829) | (806) | (678) | |
| Impairment of receivables, contract assets and loans | 7.1.4 | (1 342) | (1 688) | (1 199) | (1 451) |
| Service fees | 3.4.8 | (3 848) | (3 849) | (1 583) | (1 397) |
| Lease-related expenses | (360) | (246) | (296) | (156) | |
| EBITDA | 11 014 | 9 428 | 10 433 | 4 385 | |
| Depreciation of property, plant and equipment | 3.4.9 | (3 385) | (3 350) | (1 214) | (1 155) |
| Depreciation of right-of-use assets | 3.4.9 | (1 655) | (1 463) | (1 553) | (1 404) |
| Depreciation of investment property | 3.4.9 | — | — | (96) | (112) |
| Amortisation of intangible assets | 3.4.9 | (589) | (632) | (388) | (426) |
| Write-offs and impairments of property, plant and equipment and intangible assets | 3.4.9 | (328) | (80) | (167) | (28) |
| Impairment of investment in subsidiaries | 7.2.1 | — | — | — | (28) |
| Operating profit | 5 057 | 3 903 | 7 015 | 1 232 | |
| Investment income | 6.1 | 369 | 229 | 2 408 | 4 381 |
| Net finance charges and fair value movements | 6.2 | (1 984) | (2 181) | (1 859) | (2 002) |
| Finance charges on lease liabilities | (529) | (586) | (463) | (468) | |
| Net finance charges — other | (1 397) | (1 541) | (1 346) | (1 562) | |
| Foreign exchange and fair value movements | (58) | (54) | (50) | 28 | |
| Profit before taxation | 3 442 | 1 951 | 7 564 | 3 611 | |
| Taxation | 8.1 | (659) | (497) | (442) | (59) |
| Profit for the year from continuing operations | 2 783 | 1 454 | 7 122 | 3 552 | |
| Profit from discontinued operation | 12.3 | 4 720 | 427 | — | — |
| Profit for the year | 7 503 | 1 881 | 7 122 | 3 552 | |
| Other comprehensive (loss)/income | |||||
| Items that will be reclassified subsequently to profit or loss | |||||
| Exchange (loss)/gain on translating foreign operations2 | 9.3 | (13) | 11 | — | — |
| Items that will not be reclassified to profit or loss | |||||
| Defined benefit plan actuarial (losses)/gains | 10.1 | (2) | 4 | 2 | 5 |
| Income tax relating to other comprehensive (loss)/income | — | (1) | (1) | (1) | |
| Other comprehensive (loss)/income for the year, net of taxation | (15) | 14 | 1 | 4 | |
| Total comprehensive income for the year | 7 488 | 1 895 | 7 123 | 3 556 | |
| Profit attributable to: | |||||
| Owners of Telkom | 7 497 | 1 877 | 7 122 | 3 552 | |
| Non-controlling interests | 6 | 4 | — | — | |
| Profit for the year | 7 503 | 1 881 | 7 122 | 3 552 | |
| Total comprehensive income attributable to: | |||||
| Owners of Telkom | 7 482 | 1 891 | 7 123 | 3 556 | |
| Non-controlling interests | 6 | 4 | — | — | |
| Total comprehensive income for the year | 7 488 | 1 895 | 7 123 | 3 556 | |
| Basic earnings per share (cents) | |||||
| Continuing operations | 3.5 | 566.0 | 297.8 | ||
| Discontinued operation | 3.5 | 962.0 | 87.7 | ||
| Total basic earnings per share (cents) | 1 528.0 | 385.5 | |||
| Diluted earnings per share (cents) | |||||
| Continuing operations | 3.5 | 558.0 | 291.0 | ||
| Discontinued operation | 3.5 | 948.5 | 85.7 | ||
| Total diluted earnings per share (cents) | 1 506.5 | 376.7 | |||
| 1 | Subcontracting costs relate to enterprise customer contracts which Telkom sold to Business Connexion (Pty) Ltd (BCX) (refer to note 3.2.1). |
| 2 | This component of other comprehensive income does not attract any tax. |