for the six months ended September 30, 2009
March 31 |
September 30 |
September 30 |
|
|---|---|---|---|
Rm |
Rm |
Rm |
|
| Deferred Taxation | (448) | (730) | (854) |
| Deferred tax assets | 756 | 688 | 84 |
| Deferred tax liabilities | (1,204) | (1,418) | (938) |
| Unutilised Secondary Taxation on Companies ('STC') credits | 2,730 | 1,603 | 29 |
| The decrease in the deferred tax asset is due to a reversal of a previously recognised asset relating to the Vodacom transaction. | |||
| The deferred taxation asset also represents STC credits on past dividends received that are available to be utilised against dividends declared. |