Page 104

NOTES to the Annual Financial Statements – for the year ended 30 June 2006

COMPANY 2005 2006 R’000 R’000

GROUP 2006 R’000

2005 R’000

9. Deferred tax continued 9.2 — 176 (5 316) (5 140) — 19 763 (8 684) — — — — 5 939

5 939 — — 5 939 — 3 306 — — — — — 9 245

87 22 801 (9) — — — — (3 093) (23)

79 3 022 34 — — — — (754) 925

19 763

3 306

132 36 041 19 — — — — (247) (21 313) (8 632) (61) 5 939

211 39 063 53 — — — — (242) (22 067) (7 682) (91) 9 245

Deferred tax liability Reconciliation of movement Balance at the beginning of the year Adjustment for change in tax rate Re-allocation from deferred tax asset Restated opening balance Prior year adjustment – income statement Income statement charge Charged to equity Prior year adjustment – equity Effects of exchange rate changes Acquisition of subsidiaries and joint ventures Disposal of 50% of FCC Balance at the end of the year The income statement charge comprises Property, plant and equipment Intangible assets Trade and other receivables Inventories Cross-currency swap Interest-bearing deferred-payables Retirement benefit obligations Royalties received in advance Other Total income statement charge relating to deferred tax liability The deferred tax liability comprises Property, plant and equipment Intangible assets Trade and other receivables Inventories Cross-currency swap Interest-bearing deferred-payables Retirement benefit obligations Leave pay Royalties received in advance Preference shares issued Other Total deferred tax liability

100

Aspen Annual Report 2006

71 579 — (1 441) 70 138 40 31 245 (946) — 822 8 700 (6 117) 103 882

54 442 (2 284) (8 021) 44 137 2 473 17 647 (30 978) 24 472 590 13 238 — 71 579

13 022 9 645 2 526 (1 080) 1 297 7 842 738 (754) (1 951)

16 262 20 627 1 649 (957) — (12 224) 440 (2 674) (3 003)

31 285

20 120

59 680 61 925 23 018 (1 893) 304 (451) (2 126) (4 973) (22 067) (7 682) (1 853) 103 882

52 652 44 264 21 408 (1 021) — (9 036) (3 078) (4 062) (20 854) (8 632) (62) 71 579

continued

Profile for Aspen Holdings

Aspen Annual Report 2006  

Aspen Annual Report 2006