2017  R'000		2016  R'000
16.	DEFERRED TAXATION
	Deferred taxation assets	922 847		491 766
	Deferred taxation liabilities	(743 471)		(524 243)
	Net deferred taxation asset (liability)	179 376		(32 477)
	Movement in net deferred taxation assets and liabilities
	Balance at beginning of year	(32 477)		83 961
	Per consolidated statement of profit or loss	157 328		(48 953)
	Items recognised directly in equity and other comprehensive income	(5 871)		39 838
	Transfer as a result of unbundling	–		(163 926)
	On acquisition of businesses	56 666		5 695
	On disposal of businesses	69		(1 514)
	Exchange rate adjustments	3 661		52 422
	Balance at end of year	179 376		(32 477)

		Assets  R’000		Liabilities  R’000		Net  R’000
	Temporary differences
	2017
	Differential between carrying values and tax values of property, plant and equipment	(17 970)		(240 805)		(258 775)
	Differential between carrying values and tax values of intangible assets	28 196		(60 915)		(32 719)
	Estimated taxation losses	66 046		787		66 833
	Staff-related allowances and liabilities	234 700		14 947		249 647
	Operating lease liabilities	6 445		(71)		6 374
	Inventories	15 289		477		15 766
	Investments	–		(182 453)		(182 453)
	Trade and other receivables	71 608		5 085		76 693
	Trade, other payables and provisions	518 533		(280 523)		238 010
		922 847		(743 471)		179 376
	2016
	Differential between carrying values and tax values of property, plant and equipment	(52 102)		(269 344)		(321 446)
	Differential between carrying values and tax 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)

	Deferred taxation has been provided at rates ranging between 12% and 34% (2016: 5% and 36%). The variance in rates arises as a result of the differing taxation and capital gains taxation rates present in the various countries in which the group operates.