for the six months ended 30 September 2015
Reviewed Six months ended 30 September 2015 |
Reviewed Six months ended 30 September 2014 |
Restated Year ended 31 March 2015 |
|
---|---|---|---|
Rm | Rm | Rm | |
12. Deferred taxation | |||
Deferred taxation balance is made up as follows: | 245 | (4) | 254 |
Deferred taxation assets | 387 | 16 | 270 |
Deferred taxation liabilities | (142) | (20) | (16) |
Deferred tax assets and liabilities increased in the current year due to the consolidation of the BCX Group.
The group did not recognise deferred tax assets of R 1 521 million ( 30 September 2014: 2 105 million; 31 March 2015: R1 699 million) in respect of temporary differences amounting to R5 432 million (30 September 2014:R7 518 million; 31 March 2015: R6 068 million) that can be carried forward against future taxable income.