bold spirit - ArcelorMittal South Africa

170
ArcelorMittal South Africa
Annual Report 2010
Cash flow
hedges
Rm
Property, plant,
equipment and
intangible
assets
Rm
Employee
cost
Rm
23. DEFERRED TAXATION
Deferred tax liabilities/(assets) arise from the following:
Group
For the year ended 31 December 2010
Temporary differences
At beginning of year 3 308 (111)
Amounts in equity utilised against assessed loss
Charged to income (99) 29
Charged to equity (5)
At end of year 3 209 (87)
Group
For the year ended 31 December 2009
Temporary differences
At beginning of year (34) 3 229 (85)
Amounts in equity utilised against assessed loss
Charged to income 4 79 (26)
Charged to equity 30
At end of year 3 308 (111)
Company
For the year ended 31 December 2010
Temporary differences
At beginning of year 1 807 (111)
Amounts in equity utilised against assessed loss
Charged to income (43) 29
Charged to equity (5)
At end of year 1 764 (87)
Company
For the year ended 31 December 2009
Temporary differences
At beginning of year (31) 1 638 (85)
Amounts in equity utilised against assessed loss
Charged to income 169 (26)
Charged to equity 31
At end of year 1 807 (111)