29. TAX PAID
GROUP
2020
R’m
2019
R’m
Tax receivable/(payable) at the beginning of the period 7 (8)
Deferred tax liability at the beginning of the period (83) (17)
Amounts debited in profit and loss (109) (115)
Tax movement not through profit or loss due to business combinations (32) -
Deferred tax liability at the end of the period 85 83
Tax payable/(receivable) at the end of the period 15 (7)
Tax paid (117) (64)
30. ACQUISITION OF PROPERTY, PLANT AND EQUIPMENT
GROUP
2020
R’m
2019
R’m
Land (2) (1)
Silos - (8)
Buildings and improvements (59) (41)
Machinery and equipment (187) (124)
Vehicles (20) (14)
Total acquisition of property, plant and equipment (268) (188)
Represented by: (268) (188)
Acquisition to increase operating capacity (113) (101)
Acquisition to maintain operating capacity (155) (87)
Assets acquired through the acquisition of KLK Landbou Ltd, Falcon Agricultural Equipment (Pty) Ltd and Grainovation (Pty) Ltd (refer
to note 6.2) of R411 million are not included the group figures as the acquisition of a subsidiary is disclosed in a separate line on the statements
of cash flows. (2019: Assets acquired through the acquisition of Staalmeester (refer to note 6.2) of R21 million are not included the
group figures as the acquisition of a subsidiary is disclosed in a separate line on the statements of cash flows.)
31. PROCEEDS FROM DISPOSAL OF PROPERTY, PLANT AND
EQUIPMENT
GROUP
2020
R’m
2019
R’m
Carrying value of assets sold 16 1
Profit from disposal 2 2
Proceeds from disposal 18 3
Senwesbel Limited Reg no: 1996/017629/06 SENWESBEL ANNUAL FINANCIAL STATEMENTS 2020 80