Notes

  Year ended Year ended
  31 Dec 2005 31 Dec 2004
    Restated
    Rm Rm
1. Capital expenditure commitments    
Contracted 10,3 24,5
Approved but not contracted 23,0 20,2
2. Operating lease commitments 16,0 67,2
3. Guarantees and contingent liabilities – 4,4
4.
  		 Taxation
Taxation remains low in relation to reported profits mainly due to the utilisation of assessed losses, non-taxable income and the raising of deferred tax assets in respect of assessed losses.
5.
  		 Basis of preparation of the results
The audited results of the group for the twelve months ended 31 December 2005 have been prepared in accordance with the accounting policies of the group, which comply with International Financial Reporting Standards (IFRS). The group is reporting under IFRS for the first time for the year ended 31 December 2005. Comparative figures have accordingly been restated.
6.
  		 Audited results
The results for the year ended 31 December 2005 have been audited by Deloitte & Touche. Their unqualified audit opinion is available for inspection at the registered office of the company.