Blue Label Telecoms Integrated Annual Report 2016

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NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS

continued

For the year ended 31 May 2016

129

BLUE LABEL INTEGRATED ANNUAL REPORT 2016

Distribution

agreement

R’000

Computer

software

R’000

Internally

generated

software

development

R’000

Franchise

fees

R’000

Customer

relationships

R’000

Purchased

starter pack

bases and

postpaid

bases**

R’000

Total

R’000

253 508

43 573

19 246

1 090

4 500

324 980

648 284

17 757

30 273

23 839

—

—

11 073

85 175

—

(4)

—

—

—

—

(4)

—

(2 201)

—

—

—

—

(2 201)

(28 290)

(13 409)

(5 023)

(155)

(4 500)

(77 476)*

(130 353)

— (1 020)

(22)

—

—

—

(2 568)

242 975

57 212

38 040

935

— 258 577

598 333

317 451

123 727

81 776

3 118

131 023 574 981

1 274 450

(72 598)

(65 085)

(29 147)

(2 183)

(130 408)

(316 404)

(656 079)

(1 878)

(1 430)

(14 589)

—

(615)

—

(20 038)

242 975

57 212

38 040

935

— 258 577

598 333

180 257

32 351

16 500

1 351

4 500

345 262

582 550

35 907

22 146

14 073

—

—

53 240

125 366

61 448

1 314

—

—

—

—

62 762

—

(308)

—

—

—

—

(308)

—

(267)

—

—

—

—

(267)

(24 104)

(11 663)

(11 327)

(261)

—

(73 522)*

(121 819)

253 508

43 573

19 246

1 090

4 500

324 980

648 284

299 694

103 431

58 954

3 118

131 023

563 908

1 200 269

(44 308)

(59 448)

(25 141)

(2 028)

(125 908)

(238 928)

(534 515)

(1 878)

(410)

(14 567)

—

(615)

—

(17 470)

253 508

43 573

19 246

1 090

4 500

324 980

648 284