128 / 156
NOTES TO THE FINANCIAL STATEMENTS
continued
for the year ended 30 June 2015
20. Deferred taxation
Note
GROUP
June 2015
R000
GROUP
June 2014
R000
COMPANY
June 2015
R000
COMPANY
June 2014
R000
Arising on:
Building appurtenances and tenant installations
127 641
124 284
127 641
124 284
Taxation loss
(74 843)
(78 122)
(74 843)
(78 122)
Income received in advance
(16)
Other temporary differences
(399)
Balance at end of year
52 798
45 747
52 798
46 162
Reconciliation of the movement in the deferred
taxation liability
Opening balance – 1 July
45 747
30 010
46 162
30 265
Building appurtenances and tenant installations
3 358
14 171
3 358
14 171
Prior year deferred taxation adjustment
(1 988)
(1 988)
Income received in advance
16
10 948
10 964
Utilisation of taxation loss and other temporary
differences
3 677
(7 394)
3 278
(7 250)
Balance at end of year
52 798
45 747
52 798
46 162
Deferred taxation on temporary differences was calculated at
28% (June 2014: 28%)
21. Trade and other payables
Trade creditors and accrued expenses
216 596
148 899
198 510
146 158
Tenant deposits
51 351
91 707
51 351
84 962
Gift cards
7 317
7 969
7 317
7 969
Interest payable
49 216
56 363
49 216
55 367
Phantom share scheme liability (refer to note 26)
1 911
1 123
1 911
1 123
Debtors with credit balances
51 526
40 047
51 526
40 047
Other payables
21 578
Balance at end of year
377 917
367 686
359 831
335 626
22. Interest received
From positive bank balances
5 432
5 468
4 976
4 961
From loans receivable
151 912
60 177
5 352
14 717
157 344
65 645
10 328
19 678
23. Interest paid
Interest-bearing borrowings
511 463
498 030
429 978
458 826
Interest capitalised
2.2
(2 472)
(37 664)
(2 472)
(37 664)
508 991
460 366
427 506
421 162
126
Hyprop Investments Limited
Integrated Report 2015
FINANCIAL STATEMENTS