Exxaro report selector 2019

Report selector

Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2019

Currently viewing: CHAPTER 7 / 7.2 Significant judgements and assumptions made by management in applying the related accounting policies

7.2 Significant judgements and assumptions made by management in applying the related accounting policies

Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised. This requires management to make assumptions, on a subsidiary-by-subsidiary level, of future taxable profits in determining the deferred tax asset to be raised.