COMPANY           GROUP  
2019     2018     (R’million)   2019      2018  
Restated* 
 
            5 Impairments and fair value losses            
              Impairment of intangible assets (refer note 13)    (218,0)       (144,3)   
                     Impairment of property, plant and equipment (refer note 13)      (97,8)         (53,5)   
                     Reversal of impairment of property, plant and equipment       8,7          –    
(35,1)       –           Fair value loss on Thusani II receivable**                   
(266,6)       –           Fair value loss on Foundation SPV receivable**                   
         (245,0)          Impairment on interest in subsidiary company                   
(301,7)       (245,0)          Impairments loss before taxation     (307,1)       (197,8)   
                     Income tax     25,0        14,5    
  (301,7)         (245,0)          Attributable to shareholders in Tiger Brands Limited       (282,1)         (183,3)   
             
** As a result of the decline in the net asset value of Thusani II and Foundation SPV due to the devaluation of the listed investment, the respective receivables in Thusani II and Foundation SPV were written down.
           

* Restated as required by IFRS 5 in relation to the treatment of Deli Foods Nigeria Limited (Deli Foods) (International operations – West Africa) as adiscontinued operation. Refer to note 33.