Deferred Taxation

12 Months Ended

Dec. 31, 2019

Disclosure of income tax [Abstract]

Deferred Taxation

DEFERRED TAXATION

	US Dollars
Figures in millions	2019		2018		2017
Deferred taxation relating to temporary differences is made up as follows:
Liabilities
Tangible assets (owned)	370		521		604
Right-of-use assets	48
Inventories	24		37		33
Other	9		5		15
	451		563		652
Assets
Provisions	209		218		229
Lease liabilities	52
Tax losses	45		24		60
Other	9		6		4
	315		248		293
Net deferred taxation liability	136		315		359
Included in the statement of financial position as follows:
Deferred tax assets	105		—		4
Deferred tax liabilities	241		315		363
Net deferred taxation liability	136		315		359
The movement on the deferred tax balance is as follows:
Balance at beginning of year	315		359		492
Taxation of items included in income statement from continuing and discontinued operations	(189	)	(30	)	(68	)
Taxation on items included in other comprehensive income	(2	)	5		(6	)
Transfer to non-current assets and liabilities held for sale	15		—		(73	)
Translation	(3	)	(19	)	14
Balance at end of year	136		315		359

Provision has been made for South African income tax or foreign taxes that may result from future remittances of undistributed earnings of foreign subsidiaries or foreign corporate joint ventures, where the group is able to assert that the undistributed earnings are not permanently reinvested. In all other cases, the 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 $444m (2018: $413m; 2017: $384m).