For the year ended 31 march 2011
| Restated 2010 |
2011 | |
|---|---|---|
| Rm | Rm | |
| Taxation | 4,485 | 985 |
| South African normal company taxation | 2,772 | 722 |
| Deferred taxation | 780 | 103 |
| Secondary Taxation on Companies ('STC') | 931 | 157 |
| Foreign taxation | 2 | 3 |
| Included in the current year's normal company taxation and deferred taxation expense is capital gains tax of RNil million (2010: R1,345 million) and a reversal of RNil million (2010: R454 million) relating to deferred taxation assets on the investments which were held for sale. | ||
| The STC expense was provided for at a rate of 10% on the amount by which dividends declared by Telkom exceeded dividends received. Included in the 2010 financial year is the impact of the Vodacom transaction dividend. |