NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS l NOTE 16 |
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2013
Rm |
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2012
Rm |
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16. |
Assets classified as held for sale |
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Tourism disposal group |
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The tourism division had become subscale in the context of Imperial and consequently the group |
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has disposed of its travel, tourism and coach charter businesses subject to approval by the |
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Competition Commission of South Africa. |
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The major classes of assets and liabilities classified as held for sale at 30 June 2013 are as follows: |
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Assets |
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Intangible assets |
1 |
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Property, plant and equipment |
3 |
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Vehicles for hire |
54 |
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Deferred tax assets |
1 |
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Tax in advance |
1 |
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Trade and other receivables |
30 |
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Cash resources |
4 |
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Assets classified as held for sale |
94 |
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Liabilities |
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Trade and other payables and provisions |
46 |
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Liabilities held for sale |
46 |
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