NOTES TO THE FINANCIAL STATEMENTS - NOTE 11


 

        Group     Company  
    Note   2014
Rm
    2013
Rm
    2014
Rm
    2013
Rm
 
11. Deferred tax                          
  Deferred tax assets                          
  Balance at beginning of the year     25     43          
  Transfer from profit or loss 42   314     (18)          
        339     25          
  Comprising     339     25          
  Property, plant and equipment     15     18          
  Provisions     (16)     7          
  Tax losses     340              
  Deferred tax liabilities                          
  Balance at beginning of the year     15 806     13 807     15 920     13 449  
  Transfer from profit or loss 42   2 258     1 638     1 502     2 117  
  Transfer from statement of comprehensive income 42   1 397     361     1 402     354  
        19 461     15 806     18 842     15 920  
  Comprising     19 461     15 806     18 842     15 920  
  Property, plant and equipment     37 789     32 433     36 947     32 434  
  Inventories     1 717     1 567     1 717     1 567  
  Provisions     (11 159)     (9 708)     (10 937)     (9 594)  
  Tax losses     (3 936)     (2 222)     (3 933)     (2 218)  
  Embedded derivative liabilities     (2 613)     (3 214)     (2 613)     (3 214)  
  Available-for-sale financial assets     18     124     20     125  
  Cash flow hedges     2 450     1 198     2 450     1 198  
  Payments received in advance     (4 838)     (4 172)     (4 835)     (4 172)  
  Other     33     (200)     26     (206)  
  Unused tax losses available for offset against future taxable income     15 413     8 188     14 046     7 921  
  Unused tax losses of a subsidiary amounting to R142 million (2013: R253 million) have not been recognised as it is uncertain whether future taxable profits will be available against which the unused tax losses can be used.