Comprehensive Income Statement - Interim Results 2017 - Financial

	for the six months ended 30 September 2016
		Reviewed	Reviewed
		Six months ended	Six months ended
		30 September 2016	30 September 2015
	Notes	Rm	Rm
Operating revenue	4	20 237	16 782
Payments to other operators	5.1	1 274	1 396
Cost of sales^*	5.2	5 114	1 981
Net operating revenue		13 849	13 405
Other income	4	401	565
Operating expenses		8 978	10 453
Employee expenses	5.3	4 191	5 833
Selling, general and administrative expenses	5.4	2 879	2 530
Service fees^*	5.5	1 404	1 471
Operating leases	5.6	504	619
Earnings before interest, tax, depreciation and amortisation (EBITDA)		5 272	3 517
Depreciation of property, plant and equipment	5.7	2 234	2 172
Amortisation of intangible assets	5.7	376	412
Write-offs, impairment and losses of property, plant and equipment and intangible assets		70	31
Operating profit		2 592	902
Investment income	4	128	116
Finance charges and fair value movements		378	334
Finance charges		300	241
Net loss on foreign exchange and fair value movements		78	93
Profit before taxation		2 342	684
Taxation expense	6	521	78
Profit for the period		1 821	606
Other comprehensive income
Items that will be reclassified subsequently to profit or loss
Exchange losses on translating foreign operations		(56)	-
Items that will not be reclassified to profit or loss
Defined benefit plan actuarial losses		(207)	(262)
Defined benefit plan asset ceiling limitation		7	15
Income tax relating to components of other comprehensive loss		-	(35)
Other comprehensive loss for the period, net of taxation		(256)	(282)
Total comprehensive income for the period		1 565	324
Profit attributable to:
Owners of Telkom		1 794	564
Non-controlling interests		27	42
Profit for the period		1 821	606
Total comprehensive income attributable to:
Owners of Telkom		1 538	282
Non-controlling interests		27	42
Total comprehensive income for the period		1 565	324
Total operations
Basic earnings per share (cents)	7	348.7	110.4
Diluted earnings per share (cents)	7	342.2	108.4
* Refer to note 5.2 and note 5.5

Financial Results

Condensed consolidated interim statement of profit or loss and other comprehensive income