Annual Report for the year ended 30 June 2009
Notes to the Group annual financial statements
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Non-current liabilities
 
    2009  
R’million  
  Restated  
2008  
R’million  
19. DEFERRED REVENUE        
  At the beginning of the year   2,5     7,4  
  Recognised in the income statement   (2,8)    (5,3) 
  Effects of exchange rate changes   0,3     0,4  
  Total deferred revenue at the end of the year   —     2,5  
  Analysis of total deferred revenue        
  Non-current   —     1,7  
  Current   —     0,8  
    —     2,5  
  During the year the Group divested of its share in its USA business, therefore releasing the total deferred revenue amount to the income statement.  
In the prior year-deferred revenue consisted of licence fees and other amounts received in advance and was recognised as income over the period of the agreement.  

 

 
 
 
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