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Deferred Taxation (Tables)
 12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Schedule of Deferred Taxation
 
  
 
  
UNITED STATES DOLLAR
 
 
  
 
  
2019
 
  
2018
 
23.
  
DEFERRED TAXATION
  
   
  
   
    
 
  
The detailed components of the net deferred taxation liability which results from the differences between the carrying amounts of assets and liabilities recognised for financial reporting and taxation purposes in different accounting periods are:
  
   
  
   
    
 
  
Liabilities
  
   
  
   
 
  
- Mining assets
  
 
908.3
 
  
 
835.7
 
 
  
-
Right-of-use
assets
  
 
101.5
 
  
 
—  
 
 
  
- Investment in environmental trust funds
  
 
3.7
 
  
 
3.2
 
 
  
- Inventories
  
 
13.3
 
  
 
11.3
 
 
  
- Unremitted earnings
  
 
13.3
 
  
 
9.3
 
 
  
- Other
  
 
13.0
 
  
 
5.2
 
 
  
 
  
 
 
 
  
 
 
 
 
  
Liabilities
  
 
1,053.1
 
  
 
864.7
 
 
  
 
  
 
 
 
  
 
 
 
 
  
Assets
  
   
  
   
 
  
- Provisions
  
 
(117.4
) 
  
 
(95.8
) 
 
  
- Tax losses
1
  
 
(120.6
) 
  
 
(98.4
) 
 
  
- Unredeemed capital expenditure
1
  
 
(505.7
) 
  
 
(475.9
) 
 
  
- Lease liabilities (2018: Finance lease liabilities)
  
 
(103.0
) 
  
 
(2.0
) 
 
  
- Unrealised loss on financial instruments
  
 
(38.3
) 
  
 
(6.8
) 
 
  
- Other
  
 
—  
 
  
 
(0.4
) 
 
  
 
  
 
 
 
  
 
 
 
 
  
Assets
  
 
(885.0
) 
  
 
(679.3
) 
 
  
 
  
 
 
 
  
 
 
 
 
  
Net deferred taxation liabilities
  
 
168.1
 
  
 
185.4
 
 
  
 
  
 
 
 
  
 
 
 
 
  
Included in the statement of financial position as follows:
  
   
  
   
    
 
  
Deferred taxation assets
  
 
(265.5
) 
  
 
(269.5
) 
 
  
Deferred taxation liabilities
  
 
433.6
 
  
 
454.9
 
 
  
 
  
 
 
 
  
 
 
 
 
  
Net deferred taxation liabilities
  
 
168.1
 
  
 
185.4
 
 
  
 
  
 
 
 
  
 
 
 
 
  
Balance at beginning of the year
  
 
185.4
 
  
 
381.9
 
 
  
Recognised in profit or loss
  
 
(15.0
) 
  
 
(211.6
) 
 
  
Recognised in OCI
  
 
8.4
 
  
 
(4.0
) 
 
  
Translation adjustment
  
 
(10.7
) 
  
 
19.1
 
 
  
 
  
 
 
 
  
 
 
 
 
  
Balance at end of the year
  
 
168.1
 
  
 
185.4
 
 
  
 
  
 
 
 
  
 
 
 
 
1
 
 
Tax losses and unredeemed capital expenditure have been recognised, as disclosed in note 9, to the extent that the tax paying entities will have taxable profits in the forseeable future (per the
life-of-mine
models of the respective operations) in order to utilise the unused tax losses and unredeemed capital expenditure before they expire. This was particularly assessed with reference to the South Deep and Damang
life-of-mine
models.