| | | Deferred taxation relating to temporary differences is made up as follows: Liabilities | | |
| 9,095 | 9,883 | Tangible assets | 1,329 | 962 |
| 156 | 85 | Inventories | 11 | 16 |
| 742 | 9 | Derivatives | 1 | 78 |
| 46 | 26 | Other | 4 | 5 |
| 10,039 | 10,003 | | 1,345 | 1,061 |
| | | Assets | | |
| 1,449 | 1,326 | Provisions | 178 | 153 |
| 1,336 | 2,488 | Derivatives | 335 | 141 |
| 1,830 | 998 | Tax losses | 134 | 194 |
| 61 | 43 | Other | 6 | 6 |
| 4,676 | 4,855 | | 653 | 494 |
| | | | | |
| 5,363 | 5,148 | Net deferred taxation liability | 692 | 567 |
| | | Included in the statement of financial position as follows: | | |
| 475 | 451 | Deferred tax assets | 61 | 50 |
| 5,838 | 5,599 | Deferred tax liabilities | 753 | 617 |
| 5,363 | 5,148 | Net deferred taxation liability | 692 | 567 |
| | | The movement on the deferred tax balance is as follows: | | |
| 6,670 | 5,363 | Balance at beginning of year | 567 | 979 |
| 119 | 304 | Taxation on items included in other comprehensive income | 40 | 12 |
| (2,816) | (166) | Income statement movement | (17) | (289) |
| (5) | – | Discontinued operations (note 13) | – | (1) |
| (378) | – | Disposal of assets and investments | – | (46) |
| 1,773 | (353) | Translation | 102 | (88) |
| 5,363 | 5,148 | Balance at end of year | 692 | 567 |
| | | | | |
| | | No provision has been made for South African income tax or foreign tax that may result from future remittances of undistributed earnings of foreign subsidiaries or foreign corporate joint ventures because it is expected that such earnings will not be distributed as a dividend in the foreseeable future. These foreign subsidiaries reinvest the undistributed earnings into future capital expansion projects, maintenance capital and ongoing working capital funding requirements. Unrecognised taxable temporary differences pertaining to undistributed earnings totalled $409m, R3,045m at 31 December 2009 (2008: $386m, R3,652m). | | |