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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

30. Tax 15 174 (550) — — 19 763 — — — 13 650 — 176 48 213 % 38,4 83,9 — 0,4 — (82,7) (0,7) (65,3) (16,0) (0,7) (10,9) — — (0,1) — — 29,0 — — — — — —

17 371 — — — 3 306 — — — 346 237 — 21 260 % 67,1 25,1 — — — (61,4) (2,6) — (12,2) (46,6) (1,1) — (0,7) — — — 29,0 — — — — — —

South African current tax – current year – prior year Foreign current tax – current year – prior year South African deferred tax – current year – prior year Foreign deferred tax – current year – prior year STC and other dividend taxes Capital gains tax Tax rate adjustment on opening balance deferred tax Total tax charge Reconciliation of the tax rate Effective tax rate Capital and exempt income Assessed losses utilised Prior year adjustments (incorporating portion of section 12G claim) Foreign rates of tax Disallowable expenses Non-deductible portion of share-based expense – employees Non-deductible portion of share-based expense – BEE Non-deductible amortisation of intangible assets Other disallowable expenses STC and other dividend taxes Deferred tax asset raised Capital gains tax Tax rate adjustment Section 12G claim (Strategic Industrial Project allowance) Other reconciling items Tax at statutory rate Unutilised tax benefits Assessed losses in Aspen Nutritionals Prior year adjustment Utilised against current profits Total estimated tax losses Applied to increase deferred tax asset Tax losses available to reduce future taxable income

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Aspen Annual Report 2006

171 981 (29 012) 19 871 — 47 765 98 5 352 (57) 346 238 — 216 582 % 25,3 0,9 0,3

152 287 (7 802) 18 298 572 29 199 4 023 (3 388) — 13 650 465 261 207 565 % 52,7 0,2 0,6

3,5 (0,1) (3,8) (0,8) — (0,6) (2,4) — 1,8 — — 1,1 — 29,0

1,9 (0,1) (25,5) (0,9) (20,8) (1,2) (2,6) (3,5) 3,1 (0,1) (0,2) — (0,1) 29,0

67 002 (4 887) (8 167) 53 948 (53 948) —

118 285 — (9 054) 109 231 (42 229) 67 002

continued

Profile for Aspen Holdings

Aspen Annual Report 2006  

Aspen Annual Report 2006