Reconciliation of trading profit to operating profit
for the year ended 31 March 2011

  Year ended 31 March
  2011  
R’m  
2010  
R’m  
Trading profit 5 838    5 447  
Finance cost on transponder leases 144   93  
Amortisation of intangible assets (1 045)  (1 135) 
Other gains/(losses) – net (881)  (364) 
Operating profit 4 056   4 041  
Note
For a reconciliation of operating profit to profit before taxation, refer to the consolidated income statement.