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BUSINESS MODEL
AND STRATEGIC
OBJECTIVES
LEADERSHIP
GOVERNANCE
OPERATING
PERFORMANCE
SHAREHOLDERS’
INFORMATION AND
ADMINISTRATION
FINANCIAL
PERFORMANCE
BLUE LABEL INTEGRATED ANNUAL REPORT 2014
151
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2014
Distribution
agreement
R’000
Computer
software
R’000
Internally
generated
software
development
costs
R’000
Franchise
fees
R’000
Customer
relationships
R’000
Purchased
starter pack
bases and
postpaid
bases***
R’000
Total
R’000
723
25 550
21 669
1 611
4 789
430 584
706 018
89 359
10 306
2 954
—
—
(15 501)**
87 277
101 174
24
2 979
—
—
— 309 926
—
—
(1 210)
—
—
—
(1 210)
(10 999)
(3 452)
(9 095)
(260)
(90)
(69 821)*
(95 004)
—
(77)
(797)
—
(199)
—
(1 073)
180 257
32 351
16 500
1 351
4 500
345 262
1 005 934
202 339
82 078
44 881
3 118
131 023
510 668
1 468 498
(20 204)
(49 240)
(13 814)
(1 767)
(125 709)
(165 406)
(418 698)
(1 878)
(487)
(14 567)
—
(814)
—
(43 866)
180 257
32 351
16 500
1 351
4 500
345 262
1 005 934
4 310
30 764
21 837
6 897
5 810
217 885
505 698
— 6 262
1 219
—
325
263 997
272 141
—
4
6 127
—
4 500
—
25 360
(2 841)
(172)
(70)
(4 500)
—
— (18 251)
(746)
(11 308)
(7 444)
(786)
(5 846)
(51 298)*
(78 930)
—
—
—
—
—
—
—
723
25 550
21 669
1 611
4 789
430 584
706 018
11 806
72 010
57 636
3 118
131 348
526 169
1 090 570
(9 205)
(46 050)
(21 400)
(1 507)
(125 944)
(95 585)
(340 962)
(1 878)
(410)
(14 567)
— (615)
— (43 590)
723
25 550
21 669
1 611
4 789
430 584
706 018