| 12. | Group composition | ||||||||||||||||||||||||||||||||||
| 12.2 | Changes in shareholding | ||||||||||||||||||||||||||||||||||
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Disposal of Swiftnet 31 March 2025 In the prior year, Telkom lost its control of Swiftnet through the sale of its 100% equity shareholding to TowerCo BidCo on 31 January 2025. The gain on disposal of Swiftnet was recognised in profit from discontinued operation for Group and other income for Company in the statement of profit or loss and other comprehensive income. The Group and Company recognised a gain on disposal of R4 408 million and R4 998 million, respectively. Refer to note 3.3 and note 12.3. The gain on disposal of Swiftnet, after tax, for Group and Company was R4 347 million and R4 795 million, respectively. TowerCo BidCo paid R6 618 million cash consideration and R21 million non-cash consideration for the purchase of the shares and loan claims of the Swiftnet loan from Telkom Company. Of the R6 618 million, R6 259 million related to the purchase of the shares while the balance related to the settlement of the loan. The carrying amounts of major classes of assets and liabilities disposed in the prior year are as follows:
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