NOTES TO THE FINANCIAL STATEMENTS — NOTE 19

19. Deferred taxation
 
   June 2017 
R000 
   June 2016 
R000 
  
Arising on:          
Building appurtenances and tenant installations  152 307     154 636    
Taxation loss  (78 122)    (78 960)   
Investment property  72 618     91 479    
Shareholder loans – Gruppo Investments Nigeria Limited  4 105     (16 523)   
Other temporary differences  (11 309)    (4 123)   
   139 599     146 509    
Reconciliation of the movement in the deferred taxation liability             
Opening balance – 1 July  146 509     52 798    
Reallocation from prior year        (555)   
Acquired through business combination        47 909    
Sale of subsidiary  (184)         
FCTR adjustment  (8 352)    2 799    
Movement through profit and loss  1 626     43 558    
   Building appurtenances and tenant installations  12 036     16 210    
   Reversal of wear and tear allowances on asset sales  (14 297)         
   Fair value on investment property  (8 154)    3 346    
   Prior year deferred taxation adjustment  (912)    6 099    
   Income received in advance and other        678    
   Shareholder loans – Gruppo Investments Nigeria Limited  18 694     16 562    
   Utilisation of taxation loss and other temporary differences  (5 741)    663    
Balance at end of year  139 599     146 509    

Deferred taxation on temporary differences was calculated at 28% (2016: 28%) in respect of South African amounts. (Ikeja City Mall temporary differences: 30% (2016: 30%); Ikeja City Mall Investment property: 10% (2016: 10%)).


NOTES TO THE FINANCIAL STATEMENTS — NOTE 19