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  Information on business and geographical segments

 
 
  Telecom-     Financial     Consol-  
  mun- Tech-   and risk Equity Cor- idated  
  ication nology Media services funds porate Total  
30 JUNE 2005 R million R million R million R million R million R million R million 
BUSINESS              

SEGMENTAL

              

ANALYSIS

              
               
Revenue – 152 – 6 – 87 245  
Net interest              
   income – 2 – – – 100 102  
Other net              
   expenses – (56) – – – (54) (110) 
Impairment and              
   amortisation              
   of goodwill             (31) 
Impairment of              
   investments              
   and assets             (7) 
Net operating              
   deficit             (46) 
Negative goodwill              
   arising on              
   acquisitions             158  
Capital surplus              
   on disposal              
   of investments             200  
Share of after-tax              
   profit of              
   associated              
   companies             839  
  – Profit from              
    operations 673 15 143 59 – 1 891  
  – Impairment and              
    amortisation              
    of goodwill             (21) 
  – Impairment of              
    investments              
    and assets             (33) 
  – Capital surplus              
    on disposal              
    of investments             2  
Profit before              
   taxation             1 151  
Taxation             (57) 
Net profit for              
   the year             1 094  
Headline              
   earnings 672 (26) 143 65 – (16) 838  
Other              
   information              
Segment assets – 219 61 – 102 3 670 4 052  
Investments in              
   associated              
   companies 1 678 569 394 1 305 – 38 3 984  
  1 678 788 455 1 305 102 3 708 8 036  
Taxation             16  
Consolidated              
   total assets             8 052  
Segment liabilities – 8 – – – 99 107  
Taxation             49  
Consolidated              
  total liabilities             156  
Additions to              
   property, plant              
   and equipment – 6 – – – – 6  
Depreciation and              
   amortisation – 7 3 – – – 10  
 
The interests of the group have been classified in six main operating divisions/business segments – telecommunication, technology, media, financial and risk services, equity funds and corporate. Each division represents the main business sector of the investments classified thereunder. Income and expenses, as well as the attributable portion of the income from associated companies, are directly attributable to the segment. Segment assets include cash and cash equivalents, trade and other receivables, intangible assets and other investments. Investments in associated companies accounted for on the equity method, are stated separately. Segment liabilities include all operating liabilities, except for taxation.
 

GEOGRAPHICAL SEGMENTAL ANALYSIS
The group’s interests can be divided into two main geographical areas, namely South Africa and offshore.
 
    Headline Total
  Revenue earnings assets
  R million R million R million
South Africa 150 812 4 366
Offshore 95 26 3 670
  245 838 8 036
Total assets include assets and investments in associated companies, but exclude tax assets.
 
  Telecom-     Financial     Consol- 
  mun- Tech-   and risk Equity Cor- idated 
  ication nology Media services funds porate Total 
30 JUNE 2004 R million R million R million R million R million R million R million 
BUSINESS              

SEGMENTAL

              

ANALYSIS

              
               
Revenue – – – – – 115 115  
Net interest              
   income – – – – – 98 98  
Other net              
   expenses – – – – – (46) (46) 
Impairment and              
   amortisation              
   of goodwill             (300) 
Impairment of              
   investments              
   and assets             (6) 
Net operating              
   deficit             (254) 
Capital surplus              
   on disposal              
   of investments             20  
Share of after-tax              
   profit of              
   associated              
   companies             680  
  – Profit from              
    operations 488 6 24 – – 182 700  
  – Amortisation              
    of goodwill             (20) 
  – Impairment of              
    investments              
    and assets             (4) 
  – Capital surplus              
    on disposal              
    of investments             4  
Profit before              
   taxation             446  
Taxation             (14) 
Net profit for              
   the year             432  
Headline              
   earnings 491 33 25 117 – 74 740  
Other              
   information              
Segment assets – 892 22 1 274 53 2 820 5 061  
Investments in              
   associated              
   companies 1 584 143 342 – – 37 2 106  
  1 584 1 035 364 1 274 53 2 857 7 167  
Taxation             27  
Consolidated              
   total assets             7 194  
Segment liabilities – 118 – – – 29 147  
Taxation             14  
Consolidated              
  total liabilities             161  
Depreciation and              
   amortisation 68 9 46 – – – 123  
 
The interests of the group have been classified in six main operating divisions/business segments – telecommunication, technology, media, financial and risk services, equity funds and corporate. Each division represents the main business sector of the investments classified thereunder. Income and expenses, as well as the attributable portion of the income from associated companies, are directly attributable to the segment. Segment assets include cash and cash equivalents, trade and other receivables, intangible assets and other investments. Investments in associated companies accounted for on the equity method, are stated separately. Segment liabilities include all operating liabilities, except for taxation.
 

GEOGRAPHICAL SEGMENTAL ANALYSIS
The group’s interests can be divided into two main geographical areas, namely South Africa and offshore.
       
    Headline Total
  Revenue earnings assets
  R million R million R million
South Africa 100 565 2 655
Offshore 15 175 4 512
  115 740 7 167
Total assets include assets and investments in associated companies, but exclude tax assets.
 
 
 
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