Commitment to integrated reporting
SCOPE OF the REPORT
This report provides an overview of Telkom SA SOC Limited's
business activities including all operating subsidiaries, for
the year ended 31 March 2013. It details the Group's
financial statements and looks at the Group's prospects for
the next financial year. The previous reporting period ended
31 March 2012 was covered in the 2012 Telkom integrated
report. There were no significant changes from the previous
reporting period in the scope, boundary or measurement
method applied in the report.
This report includes an overview of the business operations
as well as the financial statements relating to the Group's
activities over the period. It has been prepared in
accordance with the Global Reporting Initiative 3 guidelines
and represents a balanced and reasonable presentation
of Telkom's financial, economic, environmental and social
performance.
While this document is designed to be an integrated
report, a more focused description of Telkom's sustainable
development activities can be found in the "People
and environment" section. This section includes data and
information based only on operations within the Republic of
South Africa for the year ended 31 March 2013. The South
African operating subsidiaries Swiftnet (Pty) Limited (trading
as Fastnet Wireless Service) and Trudon (Pty) Limited have
been included in this report unless otherwise stated.
The data relating to the Broad-Based Black Economic
Empowerment (B-BBEE) scorecard also reflects data from
the current reporting cycle.
ABOUT THIS REPORT
This is Telkom's third integrated report which continues to
be guided by best practice as outlined in the Companies Act
and King III. Telkom is aware of the need to improve the
service experience at every level. Since this report is one way
of achieving this, we hope to have provided a transparent
document that lays out the risks and opportunities ahead,
and a clear picture of how we are shaping and fulfilling our
strategies to fit an ever-evolving telecoms environment.
The guidance set out by King III states that companies should
openly portray the relevant risks, opportunities, governance
processes and strategies so that stakeholders can make well-informed
choices in their dealings with the Group. We could
not agree more and hence have laid out a clear structure and
easy way to use this report by referring to the sections listed
on the contents page. There are also a number of references
that we have included to make it easier for you to refer to
places of interest elsewhere in the report, or ways in which
you can access additional information.
Telkom SA SOC Limited is the registered name of the
organisation and is listed on the Johannesburg Stock
Exchange. For ease of reference we have used Telkom or "the
Group" to represent the Company and its Group entities.
All subsidiaries, business divisions and products are referred
to by their branded names for easy recognition.
If you have any recommendations or suggestions as to how
we can improve on our reporting, please refer to the last
page of this report for the relevant contact details.
Forward-looking STATEMENT
Many of the statements included in this document, as well
as oral statements that may be made by us or by officers,
directors, prescribed officers or employees acting on behalf
of us, constitute or are based on forward-looking statements.
 All statements, other than statements of historical facts,
including, among others, statements regarding our
convergence and other strategies, future financial position
and plans, objectives, capital expenditures, projected costs
and anticipated cost savings and financing plans, as well as
projected levels of growth in the communications market,
are forward-looking statements. Forward-looking statements
can generally be identified by the use of terminology such as
"may", "will", "should", "expect", "envisage", "intend", "plan",
"project", "estimate", "anticipate", "believe", "hope", "can", "is
designed to" or similar phrases, although the absence of such
words does not necessarily mean that a statement is not
forward looking. These forward-looking statements involve a
number of known and unknown risks, uncertainties and other
factors that could cause our actual results and outcomes to
be materially different from historical results or from any
future results expressed or implied by such forward-looking
statements. The factors that could cause our actual results or
outcomes to differ materially from our expectations include,
but are not limited to, those risks identified commencing
on page 34.
We caution you not to place undue reliance on these
forward-looking statements. All written and oral forwardlooking
statements attributable to us, or persons acting on
our behalf, are qualified in their entirety by these cautionary
statements. Moreover, unless we are required by law to
update these statements, we will not necessarily update
any of these statements after the date of this document,
either to conform them to actual results or to changes in our
expectations.
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