GROUP FINANCIAL STATEMENTS
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS – for the year ended 30 June 2014

    2014  
Rm  
2013  
Rm  

7.  

Intangible assets  

   
  Goodwill at cost less impairment      
  Beginning of the year   –   1 018  
  Impaired during the year   –   (1 018) 
  End of the year   –   –  
  The goodwill originated from the deferred taxation provided on the excess of the fair value of the assets over the carrying amount of Afplats, Imbasa and Inkosi.      
  A summary of the goodwill allocation is as follows:      
  Leeuwkop project   –   179  
  Evaluation and exploration projects   –   839  
    –   1 018  
  During the previous financial year goodwill was impaired (note 3).