6.1.2 Financial performance For the year under review Broadband Infraco posted a loss of R206.9 million. Revenue decreased from R306.4 million in 2010 to R297 million in the financial year under review. The company's total equity and liabilities remained at R1.7 billion. Operating expenditure decreased from R102.3 million in 2010 to R26 million in 2011, whilst investment expenditure increased from R245.3 million in 2010 to R536 million in 2011. Financing activities decreased from R281 million in 2010 to R187.2 million in 2011. Internal control weaknesses were identified, with the majority of these now addressed.