| NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 17 |
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2013
R’000 |
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2012
R’000 |
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| 17. |
Taxation |
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Current tax |
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8 311 |
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(2 398) |
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Current year |
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7 938 |
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1 311 |
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Prior year |
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373 |
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(3 709) |
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Deferred tax |
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(7 906) |
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(219) |
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Current year |
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(7 906) |
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(88) |
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Prior year |
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— |
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(131) |
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STC |
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— |
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10 663 |
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|
405 |
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8 046 |
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Tax rate reconciliation |
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Net loss before tax |
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(63 860) |
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(13 673) |
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Tax at 28% |
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(17 882) |
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(3 828) |
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Adjusted for: |
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– Income not taxable |
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— |
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(1 343) |
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– Expenditure not deductible |
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17 914 |
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6 394 |
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– Prior year adjustment |
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|
373 |
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(3 840) |
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– STC |
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— |
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10 663 |
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|
405 |
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8 046 |
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| NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 17 |
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