Note 12:Deferred taxation

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.