Company									Group
2020  Rm			2019  Rm						2020  Rm			2019  Rm
					18.		Deferred taxation
							Deferred tax assets		14			22
							Deferred tax liabilities		(200)			(166)
									(186)			(144)

	Opening  balance  Rm		Charged  through other  comprehensive  income		Charged  through  profit or  loss  Rm		Closing  balance  Rm
2020
The deferred tax balance is made up as follows:
Deferred tax asset:
Accruals	95		–		(10)		85
Property, plant and equipment	2		–		11		13
Assessed loss	1		–		1		2
Deferred tax liability:
Property, plant and equipment	(183)		(4)		(56)		(243)
Prepayments	(9)		–		6		(3)
Ceramic Industries – tax on deemed fair value	(50)		–		10		(40)
Net deferred tax asset/(liability)	(144)		(4)		(38)		(186)
2019
Deferred tax asset:
Accruals	59		–		36		95
Property, plant and equipment	2		–		#		2
Assessed loss	1		–		#		1
Deferred tax liability:
Property, plant and equipment	(151)		–		(32)		(183)
Prepayments	11		–		(20)		(9)
Ceramic Industries – tax on deemed fair value	(40)		–		(10)		(50)
Net deferred tax asset/(liability)	(118)		–		(26)		(144)
# Less than R1 million.
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% (2019: 28%) for normal taxation.