2011	2010
		R'000	R'000
22.	Taxation and State's share of profits
	South African normal taxation
	– current year	913 192	329 644
	– (over)/under-provisions relating to prior years	(7 739)	5 730
	State's share of profits	92 825	80 442
	Deferred taxation
	– temporary differences arising in current year (refer note 14)	425 965	348 500
	Secondary tax on companies	131 102	51 269
	Securities transfer taxation	1 287	157
	Foreign taxation
	– foreign normal tax	9 892	7 221
		1 566 524	822 963
	The current tax charge is affected by non-taxable investment income, capital redemption allowances and calculated tax losses in certain subsidiary companies and trading losses in other subsidiary companies for which there was no tax relief in the current year.
	Estimated losses available for the reduction of future taxable income arising in certain subsidiary companies at year-end	240 800	223 804
	Estimated unredeemed capital expenditure available for reduction of future taxable income on mining operations in certain joint venture and subsidiary companies	80 380	22 365
	Reconciliation of tax charge as a percentage of net income before taxation
	Statutory tax rate	28,00	28,00
	Adjusted for:
	– State's share of profits	1,93	3,45
	– Secondary tax on companies	2,72	2,20
	– disallowable expenditure	0,52	1,81
	– impact of calculated tax losses	(0,07)	(0,57)
	– foreign tax rate differential	(0,28)	(0,27)
	– dividend income	(0,22)	(0,29)
	– other exempt income	(0,21)	–
	– (over)/under-provisions relating to prior years	(0,16)	0,25
	– other	(0,30)	0,67
	Effective tax rate	32,53	35,25