NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 21

      2014
R'000
    2013
R'000
 
21. TAXATION            
  Current tax   208 996     215 075  
  Current year   209 055     214 899  
  Prior year adjustment   (59)     176  
  Deferred tax   (2 554)     (18 671)  
  Current year   (2 278)     (18 663)  
  Prior year adjustment   (276)     (8)  
      206 442     196 404  
  Profit before tax   655 357     604 509  
  Tax at 28%   183 500     169 263  
  Income not subject to tax   (8 852)     (4 524)  
  Expenses not deductible for tax purposes   7 053     7 473  
  Capital gains tax   (840)     55  
  Utilisation of previously unrecognised tax losses   (71)     (1 199)  
  Tax effect of assessed losses not recognised   9 695     11 841  
  Share of losses from associates and joint ventures   15 924     13 251  
  Prior year adjustment   (335)     168  
  Effect of different tax dispensations   368     76  
  Tax charge   206 442     196 404  

NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 21