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). |