Company							Group
2015   Rm’s			2014   Rm’s				2015   Rm’s			2014   Rm’s
				18.	Deferred taxation
					Deferred tax assets		18			18
					Deferred tax liabilities		(15)			(12)
							3			6

 

		Opening   balance   Rm’s	Charged   through   profit and   loss   Rm’s			Closing   balance   Rm’s
	The deferred tax balance is made up as follows:
	Deferred tax asset:
	Accruals	19	2			21
	Property, plant and equipment	1	#			#
	Assessed loss	—	#			#
	Deferred tax liability:
	Property, plant and equipment	(13)	(3)			(16)
	Prepayments	(1)	(1)			(2)
	Net deferred tax asset	6	(2)			3
	Deferred tax assets and liabilities are only offset when the income tax relates to the same legal entity and fiscal authority.
	The tax rate applied to South African entities is 28% (2014: 28%) for normal taxation.
	#Less than R1 million.