| 2015 | 2014 | ||
| R’000 | R’000 | ||
15 |
DEFERRED TAXATION ASSETS/(LIABILITIES) |
||
| At |
|||
| Arising from temporary differences | |||
| – accelerated capital allowances | (1 150) | (55 022) | |
| – provisions raised | 6 222 | 14 507 | |
| – valuations of inventories | – | 103 | |
| – income received in advance | – | 3 313 | |
| – pension fund surplus | (16 093) | (15 470) | |
| – revaluation of |
16 000 | (10 857) | |
| – prepaid expenditure | (15) | – | |
| Asset/(liability) at end of year | 4 964 | (63 426) | |
Movements |
|||
| Balance at beginning of year | (63 426) | (43 622) | |
| Movements for the current year: | |||
| Arising on the reversal of temporary differences (income statement) | 61 781 | 1 516 | |
| – accelerated capital allowances | 53 872 | (4 478) | |
| – provisions raised | (8 285) | 3 351 | |
| – valuation of inventories | (103) | – | |
| – income received in advance | (3 313) | 2 643 | |
| – pension fund surplus | (1 683) | – | |
| – revaluation of |
21 308 | – | |
| – prepaid expenditure | (15) | – | |
| Arising from temporary differences (other comprehensive income) | |||
| – revaluation of |
5 549 | (7 018) | |
| – actuarial losses/(gains) in pension fund | 1 060 | (14 302) | |
| As above | 4 964 | (63 426) | |