NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 14
14.
Deferred income tax
Capital
allowances
R’000
Provisions
R’000
Prepayments
R’000
Assessed loss
R’000
Business
combinations
R’000
STC
credits
R’000
Total
R’000
Group
Deferred income tax assets
Balance as at 30 June 2012
–
28 043
–
54 931
–
3 507
86 481
(Charge)/credit to profit for the year
–
5 445
–
(7 592)
–
(2 871)
(5 018)
Balance as at 30 June 2013
–
33 488
–
47 339
–
636
81 463
(Charge)/credit to profit for the year
–
(3 504)
–
8 456
–
(636)
4 316
Balance as at 30 June 2014
–
29 984
–
55 795
–
–
85 779
Deferred income tax liabilities
Balance as at 30 June 2012
(22 265)
–
(1 068)
–
(24 262)
–
(47 595)
(Charge)/credit to profit for the year
(1 956)
–
477
–
(2 016)
–
(3 495)
Balance as at 30 June 2013
(24 221)
–
(591)
–
(26 278)
–
(51 090)
(Charge)/credit to profit for the year
(1 528)
–
(1 125)
–
10 554
–
7 902
Balance as at 30 June 2014
(25 749)
–
(1 716)
–
(15 724)
–
(43 188)
Company
Deferred income tax assets
Balance as at 1 July 2012
–
1400
–
2 895
–
3 507
7 802
Credit to profit for the year
–
–
(28)
3 210
–
(2 871)
311
Balance as at 30 June 2013
–
1 400
(28)
6 105
–
636
8 113
(Charge)/credit to profit for the year
–
–
28
3 745
–
(636)
3 137
Balance as at 30 June 2014
–
1400
–
9 850
–
–
11 250
The unrecognised portion of assessed losses for June 2014 was Rnil (June 2013: Rnil)
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 14