| 2014 Rm |
2013 Rm |
||
31. |
Income tax expense |
||
| Current tax | |||
| South African company tax | 480 | 563 | |
| Current tax on profits for the year | 488 | 676 | |
| Prior year adjustment | (8) | (113) | |
| Other countries’ company tax | 226 | 517 | |
| Current tax on profits for the year | 161 | 120 | |
| Prior year adjustment | 65 | 397 | |
| Total current tax | 706 | 1 080 | |
| Deferred tax | |||
| Temporary differences (note 9) | (565) | 521 | |
| Prior year adjustment (note 9) | 3 | (209) | |
| Total deferred tax | (562) | 312 | |
| Total income tax expense | 144 | 1 392 | |
| The tax of the Group’s profit differs as follows from the theoretical charge that would arise using the basic tax rate of 28% for South African companies: | |||
| Normal tax for companies on profit before tax | 4 | 688 | |
| Adjusted for: | |||
| Disallowable expenditure | 175 | 780 | |
| Sale of land | (32) | (22) | |
| Prior year adjustment | 60 | 76 | |
| Capitalisation of mining loss to unredeemed capex | 8 | 22 | |
| Effect of after-tax share of profit from associates | (102) | (65) | |
| Effect of different taxes of foreign subsidiaries | 31 | (87) | |
| Secondary tax on companies | – | – | |
| Tax expense | 144 | 1 392 |