Annual Report for the year ended 30 June 2009
Notes to the Group annual financial statements
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Non-current assets
 
    2009 
R’million 		   Restated 
2008  
R’million 		  
2. GOODWILL
Net carrying value
Cost 398,4    603,0   
Net carrying value at the end of the year 398,4    603,0   
Movement in goodwill
Net carrying value at the beginning of the year 603,0  295,0   
Acquisition of subsidiaries (34,4) 152,6   
Acquisition of joint ventures —  150,5   
Effects of exchange rate changes (30,7) 7,7   
Disposal of joint venture (139,5) –   
Adjustment to estimate of Brimchem SA (Pty) Ltd contingent consideration —    (2,8)  
Net carrying value at the end of the year 398,4    603,0  
  The recoverable amount of goodwill is determined annually based on value-in-use calculations as described in note 39.
 
 
 
 
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