SEGMENTAL REVIEW
for the period ended 30 September
Download (EXCEL) |
Reviewed half-year 30 September 2019 |
Reviewed half-year 30 September 2018 |
Reviewed half-year 30 September 2019 |
Reviewed half-year 30 September 2018 |
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Revenue External |
Revenue Intersegment |
Revenue Total |
Revenue External |
Revenue Intersegment |
Revenue Total |
Trading profit | ||
R'm | R'm | R'm | R'm | R'm | R'm | R'm | R'm | |
South Africa | 16 952 | 2 863 | 19 815 | 16 686 | 3 004 | 19 690 | 5 156 | 5 378 |
Rest of Africa | 7 796 | 110 | 7 906 | 7 411 | 366 | 7 777 | (830) | (1 577) |
Technology | 907 | 895 | 1 802 | 685 | 940 | 1 625 | 455 | 117 |
Eliminations | – | (3 868) | (3 868) | – | (4 310) | (4 310) | – | – |
Total | 25 655 | – | 25 655 | 24 782 | – | 24 782 | 4 781 | 3 918 |
Reconciliation of consolidated trading profit to consolidated operating profit
Operating segments are identified on the basis of internal reports about components of the group that are regularly reviewed by the chief operating decision-maker (CODM) in order to allocate resources to the segments and to assess their performance. The CODM has been identified as the board of directors of the group.
Trading profit as presented in the segment disclosure is the CODM and management's measure of each segment's operational performance. A reconciliation of the segmental trading profit to operating profit as reported in the income statement is provided below:
Reviewed half-year 30 September 2019 R'm |
Reviewed half-year 30 September 2018 R'm |
|
Consolidated trading profit | 4 781 | 3 918 |
Lease interest on transponder leases | 329 | 324 |
Amortisation of intangibles (other than software) | (36) | (40) |
Other operating (losses)/gains – net | (1) | 23 |
Share-based compensation | (136) | (67) |
Severance provision | (11) | (14) |
Operating profit per the income statement* | 4 926 | 4 144 |
* The condensed consolidated income statement discloses all reporting items from consolidated operating profit to consolidated profit before taxation.