74 4. sIGNIFICANT ITEMs *  On 14 November 2012, the Group disposed of the US Agricultural Media business for US$79.9 million. ** On 21 December 2012, the Group disposed of its remaining 51% interest in Trade Me Group Ltd for proceeds of A$605.5 million net of  transaction fees. Previous disposals of the Group’s interest in this entity have resulted in a gain on sale of $182.8 million recorded in equity as  an acquisition reserve while the Group still retained control. Significant items are those items of such a nature or size that separate disclosure will assist users to understand the  financial statements. The net profit after tax includes the following items whose disclosure is relevant in explaining the financial performance of the  consolidated entity. NOTEs TO THE FINANCIAL sTATEMENTs  FAIRFAx MEDIA LIMITED AND CONTROLLED ENTITIES FOR THE PERIOD ENDED 30 JUNE 2013 30June 2013 $’000 24 JUNE 2012 $’000 impairment of intangibles, investments, inventories and property, plant and equipment – Comprising: Impairment of mastheads, goodwill, licences, customer relationships and software  (418,655)  (2,758,061) Impairment of investments, inventories and property, plant and equipment  (37,189)  (106,120) Income tax benefit  11,232   66,689  impairment of intangibles, investments, inventories and property, plant and equipment, net of tax   (444,612)  (2,797,492) Restructuring and redundancy – Comprising: Restructuring and redundancy charges  (4,458)  (200,447) Income tax benefit  1,337   60,118  Restructuring and redundancy, net of tax  (3,121)  (140,329) Gains on sale of controlled entities – Comprising: Gain on sale of US Agricultural Media business disclosed in other revenue and income *  19,830   –  Gain on sale of Trade Me business disclosed in net profit from discontinued operations **  283,444   –  Income tax expense  –   –  Gains on sale of controlled entities, net of tax   303,274   –  net significant items after income tax   (144,459)  (2,937,821)