|
Deferred taxes
Deferred tax is accounted for in accordance with the accounting policy disclosed in note 3.1.
| |
1 January
2016
Rm |
Recognised
in profit
or loss
Rm |
Recognised
in other
comprehensive
income
Rm |
Exchange
and other
movements1
Rm |
31 December
2016
Rm |
|
Recognised
in profit
or loss
Rm |
Recognised
in other
comprehensive
income
Rm |
Exchange
and other
movements1
Rm |
31 December
2017
Rm |
|
| Provisions |
770 |
822 |
– |
(84) |
1 508 |
|
338 |
– |
74 |
1 920 |
|
| Tax loss carried forward |
352 |
(138) |
– |
5 |
219 |
|
189 |
– |
(7) |
401 |
|
| Arising due to fair value adjustments on business combinations/revaluations |
(1 164) |
(178) |
– |
28 |
(1 314) |
|
35 |
– |
(129) |
(1 408) |
|
| Working capital allowances |
162 |
260 |
– |
455 |
877 |
|
493 |
– |
46 |
1 416 |
|
| Tax allowances in excess of depreciation |
(12 368) |
(280) |
– |
3 650 |
(8 998) |
|
(998) |
– |
1 521 |
(8 475) |
|
| Losses on net investment |
– |
– |
797 |
– |
797 |
|
– |
(6) |
– |
791 |
|
| Other temporary differences |
(251) |
629 |
– |
(1 419) |
(1 041) |
|
788 |
– |
(352) |
(605) |
|
| Net deferred tax liability |
(12 499) |
1 115 |
797 |
2 635 |
(7 952) |
|
845 |
(6) |
1 153 |
(5 960) |
|
| Comprising: |
|
|
|
|
|
|
|
|
|
|
|
| Deferred tax assets |
542 |
|
|
|
1 107 |
|
|
|
|
1 593 |
|
| Deferred tax liabilities |
(13 041) |
|
|
|
(9 059) |
|
|
|
|
(7 553) |
|
| |
(12 499) |
|
|
|
(7 952) |
|
|
|
|
(5 960) |
|
1 Including the effect of hyperinflation.
There were deductible temporary differences and unused tax losses of R5 065 million (2016: R4 115 million) for which no deferred tax asset has been recognised in the statement
of financial position in the current or prior year. |
