MTN Cover page

 

 

Group income statement

for the year ended 31 December 2007

      Year ended   Year ended
      31 December   31 December
      2007   2006
  Notes   Rm   Rm

Revenue 2   73 145   51 595
Direct network operating costs     (8 525)   (4 628)
Costs of handsets and other accessories     (5 524)   (4 135)
Interconnect and roaming     (9 997)   (7 178)
Employee benefits 3   (3 379)   (2 453)
Selling, distribution and marketing expenses     (9 071)   (7 949)
Other expenses     (4 592)   (2 832)
Impairment of property, plant and equipment 8   (212)   (7)
Depreciation 8   (6 774)   (5 030)
Amortisation of intangible assets 10   (2 199)   (1 289)
Operating profit 3   22 872   16 094
Finance income 4   1 780   1 880
Finance costs 5   (4 953)   (3 307)
Finance costs – net     (3 173)   (1 427)
Share of results of associates after tax 11   8   23
Profit before income tax     19 707   14 690
Income tax expense 6   (7 791)   (2 591)
Profit after tax     11 916   12 099
Attributable to          
Equity holders of the Company     10 608   10 610
Minority interests     1 308   1 489
      11 916   12 099
Earnings per ordinary share (cents) attributable to          
equity holders of the Company          
– basic 7   569,9   605,4
– diluted 7   559,2   589,1
Dividend per share (cents) 7   90,0   65,0