6. HYPERINFLATION
The financial statements (including comparative amounts) of the Group entities whose functional currencies are the currencies of hyperinflationary economies are adjusted in terms of the measuring unit current at the end of the reporting period. The impact of hyperinflation disclosed for Irancell have been proportioned for the Group’s shareholding.
MTN South Sudan
As at 31 December 2023, the information available indicated that South Sudan had ceased to be hyperinflationary. However, the latest information indicates that South Sudan remains hyperinflationary. This has been treated as a change in estimate in the current period.
The impact of hyperinflation on the segment analysis is as follows:
| Six months ended 30 June 2024 Reviewed |
||
| Revenue Rm |
Capital expenditure Rm |
|
| Sudan | (53) | – |
| South Sudan (included in other SEA) | 115 | 17 |
| Ghana | (933) | (161) |
| (871) | (144) | |
| Major joint venture - Irancell | 140 | 17 |
| Six months ended 30 June 2023 Reviewed |
||
| Revenue | Capital expenditure |
|
| Rm | Rm | |
| Sudan | 584 | 62 |
| South Sudan (included in other SEA) | (133) | (13) |
| 451 | 49 | |
| Major joint venture - Irancell | 163 | (4) |
| Financial year ended 31 December 2023 Audited |
||
| Revenue | Capital expenditure |
|
| Rm | Rm | |
| Sudan | 3 126 | 572 |
| South Sudan (included in other SEA) | (247) | (41) |
| Ghana | 1 836 | 660 |
| 4 715 | 1 191 | |
| Major joint venture - Irancell | 1 124 | 485 |