93 / 170
Assets
R’000
Liabilities
R’000
Net
R’000
16.
DEFERRED TAXATION
(continued)
Temporary differences
2016
Differential between carrying values and taxation values of property, plant and equipment
(52 102)
(269 344)
(321 446)
Differential between carrying values and taxation values of intangible assets
26 188
(138 140)
(111 952)
Estimated taxation losses
104 049
11 388
115 437
Staff-related allowances and liabilities
222 633
(200 821)
21 812
Operating lease liabilities
3 987
31
4 018
Inventories
13 650
273
13 923
Investments
–
(36 077)
(36 077)
Trade and other receivables
55 178
14 573
69 751
Trade, other payables and provisions
118 183
93 874
212 057
491 766
(524 243)
(32 477)
2015
Differential between carrying values and taxation values of property, plant and equipment
(43 506)
(166 582)
(210 088)
Differential between carrying values and taxation values of intangible assets
17 606
(134 242)
(116 636)
Estimated taxation losses
45 580
2 169
47 749
Staff-related allowances and liabilities
170 203
10 713
180 916
Operating lease liabilities
422
37
459
Inventories
10 311
–
10 311
Trade and other receivables
35 757
6 098
41 855
Trade, other payables and provisions
102 559
26 836
129 395
338 932
(254 971)
83 961
Deferred taxation has been provided at rates ranging between 5% and 36% (2015: 12% and 35%). The variance in rates arises as a result of
the differing taxation rates present in the various countries in which the group operates.
Bidcorp Limited Annual integrated report 2016 |
Page 89
Financial overview