|
|
|
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 |
|
5 |
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 |
|
|
|
|
|
|
|