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How to professionally say 3. Gyro (R24m lower): Lower other income (R54m) is mainly due to the profit on sale of the Umbilo building (R60m)
How to professionally say 3. Gyro (R24m lower): Lower other income (R54m) is mainly due to the profit on sale of the Umbilo building (R60m) that did not materialise as anticipated due to delays with the transfer of the property at the council. Operating revenue was R13m lower mainly due to delayed site roll outs for Telkom Mobile. Lower Opex (R43m) mainly service fees (R15m) due to the reversal of surplus accruals on tower maintenance, facility costs and software consultants, lower impairment of receivables (R15m) due to the improvement of the debtors' book and savings on travel, license fees and refreshments costs (R10m)
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