2016  2015   
      R’000  R’000   

23

PROFIT BEFORE TAXATION

       
  Profit before tax is stated after taking into account the following items of income and expenditure:        
  Income        
  Foreign exchange gains   295  1 503   
  – realised   155  931   
  – unrealised   140  572   
  Relief realised on disposal of subsidiary (refer note 34.3)   8 578  –   
  Expenditure        
  Amortisation of intangible assets (refer note 3)   180  180   
  Cost of inventories written down (refer note 6)   3 686  236   
  Depreciation and impairment charges of property, plant and equipment (refer note 2)   68 446  404 003   
  Depreciation   27 075  38 930   
  – land and buildings   2 487  1 316   
  – plant, machinery and equipment   3 622  10 839   
  – vehicles   4 904  1 988   
  – furniture, fittings and office equipment   10 912  16 143   
  – prospecting, exploration, mine development and decommissioning assets   5 150  8 644   
  Impairment arising at year-end on review of carrying values (refer note 2)   41 371  365 073   
  Impairment of goodwill   24 315  –   
  Impairment of trade and other receivables (refer note 34.3)   21 382  –   
  Foreign exchange losses   –  43   
  – realised   –  25   
  – unrealised   –  18   
  Loss on disposal of property, plant and equipment   1 264   
  Operating lease expenses   828  707   
  Professional fees   21 552  22 687   
  Secretarial fees   445  569   
  Information technology costs   30 148  21 406   
  Staff costs        
  – salaries and wages (including executive directors’ emoluments)   261 801  254 351   
  – pension fund costs (refer note 35)   29 934  28 562   
  – contributions to medical aid funds   5 362  4 898