| Amounts in accordance with IFRS |
2004 |
2005 |
2006 |
2007 |
CAGR (%) |
| (in ZAR millions, except percentages) |
|
|
|
|
3 years |
| Fixed-line financial data |
| Revenue |
31,004 |
31,457 |
32,749 |
33,295 |
2.4 |
| Operating profit |
6,724 |
8,021 |
10,242 |
9,040 |
10.4 |
| Operating profit margin (%) |
21.7 |
25.5 |
31.3 |
27.2 |
7.8 |
| EBITDA |
12,707 |
12,753 |
14,646 |
12,663 |
(0.1) |
| EBITDA margin (%) |
41.0 |
40.5 |
44.7 |
38.0 |
(2.5) |
| Capital expenditure to revenue (%) |
12.5 |
13.0 |
15.1 |
20.0 |
17.0 |
| Mobile financial data (50% of Vodacom) |
| Revenue |
11,428 |
13,657 |
17,021 |
20,573 |
21.6 |
| Operating profit |
2,614 |
3,240 |
4,435 |
5,430 |
27.6 |
| Operating profit margin (%) |
22.9 |
23.7 |
26.1 |
26.4 |
4.9 |
| EBITDA |
3,879 |
4,796 |
5,907 |
7,122 |
22.5 |
| EBITDA margin (%) |
33.9 |
35.1 |
34.7 |
34.6 |
0.7 |
| Capital expenditure to revenue (%) |
13.2 |
12.8 |
15.1 |
17.5 |
9.9 |
| Financial review (Group) |
| Income statement data |
|
|
|
|
|
| Operating revenue |
40,582 |
43,160 |
47,625 |
51,619 |
8.3 |
| Operating expenses (including depreciation) |
31,499 |
32,179 |
33,428 |
37,533 |
6.0 |
| EBITDA |
16,586 |
17,549 |
20,553 |
19,785 |
6.1 |
| Operating profit |
9,338 |
11,261 |
14,677 |
14,470 |
15.7 |
| Profit before tax |
6,396 |
9,917 |
13,851 |
13,580 |
28.5 |
| Profit after tax/net profit |
4,658 |
6,835 |
9,328 |
8,849 |
23.9 |
| Basic earnings per share (cents) |
823.9 |
1,246.9 |
1,746.1 |
1,681.0 |
26.8 |
| Headline earnings per share (cents) |
875.2 |
1,279.2 |
1,728.6 |
1,710.7 |
25.0 |
| Dividends per share (cents) |
90 |
110 |
900 |
900 |
115.4 |
| Balance sheet data |
|
|
|
|
|
| Total assets |
53,174 |
57,597 |
57,544 |
59,146 |
3.6 |
| Current assets |
11,423 |
15,045 |
12,731 |
10,376 |
(3.2) |
| Non-current assets |
41,751 |
42,552 |
44,813 |
48,770 |
5.3 |
| Total liabilities |
31,346 |
31,236 |
28,078 |
27,138 |
(4.7) |
| Current liabilities |
14,639 |
17,366 |
15,687 |
18,584 |
8.3 |
| Non-current liabilities |
16,707 |
13,870 |
12,391 |
8,554 |
(20.0) |
| Shareholders’ equity |
21,828 |
26,361 |
29,466 |
32,008 |
13.6 |
| Total debt |
17,821 |
15,225 |
12,051 |
10,909 |
(15.1) |
| Net debt |
13,362 |
6,941 |
6,828 |
9,901 |
(9.5) |
| Cash flow data |
|
|
|
|
|
| Cash flow from operating activities |
13,884 |
15,711 |
9,506 |
9,356 |
(12.3) |
| Cash flow used in investing activities |
(5,423) |
(6,306) |
(7,286) |
(10,412) |
24.3 |
| Cash flow used in financing activities |
(6,481) |
(9,897) |
(258) |
(2,920) |
(23.3) |
| Capital expenditure excluding intangibles |
4,936 |
4,464 |
6,310 |
8,648 |
20.6 |
| Operating free cash flow |
9,009 |
10,034 |
7,104 |
3,728 |
(25.5) |
| Financial ratios |
|
|
|
|
|
| Operating profit margin (%) |
23.0 |
26.1 |
30.8 |
28.0 |
6.8 |
| EBIDTA margin (%) |
40.9 |
40.7 |
43.2 |
38.3 |
(2.2) |
| Net profit margin (%) |
11.5 |
15.6 |
19.3 |
16.7 |
13.2 |
| Net debt to equity (%) |
61.2 |
26.3 |
23.2 |
30.9 |
(20.4) |
| After tax operating return of assets (%) |
17.9 |
19.8 |
25.6 |
22.8 |
8.4 |
| Capital expenditure to revenue (%) |
13.2 |
13.6 |
15.8 |
20.0 |
14.9 |
|
