Notes to the Financial Statements 81 Notes t o the Financial Statements continued u Akara Resources Public Company Limited  (“Akara”), a controlled entity, has received  approval from The Royal Thai Board of  Investment (BOI) of the Office of the Prime  Minister for promotion of the Chatree Mine. Subject to meeting the BOI conditions and  based on an annual production limit of  178,416 ounces of gold and 583,733 ounces  of silver, Akara‘s Chatree Mine is entitled to: Akara also received on 18 June 2010 a BOI  promotion for the Chatree North gold  processing plant. Based on annual produc- tion limit from the new processing plant of  185,200 ounces of gold and 1,080,400  ounces of silver, Akara is entitled to: The start of the promotion period was 27 November 2001. The start of the promotion period was 1 November 2012. 2013  $’000 2012  $’000 b)  Numerical reconciliation of income tax expense to prima facie tax payable (Loss) /Profit from continuing operations before income tax (339,615) 91,277 Tax at Australian rate of 30% (101,885) 27,3 8 3 Tax effect of amounts not deductible / assessable in calculating taxable income Non-deductible expenses 2,367 1,302 Non-deductible amortisation 1,210 1,695 Non-deductible interest expense to preference shareholders 157 169 Share-based payment remuneration 275 – Double deduction of expenses (Thailand) – (1,218) Impairment of investment in associate 161 – Share of loss of associate 406 – Differences in Thailand tax rates (14,832) (12,403) Non-temporary differences affecting the tax expense – (106) Temporary difference adjustment (either change in estimate of rate of reversal or not previously recognised) – 1,229 Other temporary difference adjustment – (196) Tax benefit of tax losses not brought to account in the prior year recognised this year – (2,687) Tax benefit of tax losses and deductible temporary differences not brought to account 58,495 1,103 Deferred tax asset written off in the current year 37,757 – Income tax (benefit) / expense (15,889) 16,271 i)   an eight year tax holiday on income  derived from the new processing plant  with tax savings limited to the capital  cost of the new treatment plant; ii)   25% investment allowance on the  capital cost of certain assets of the new  processing plant; and iii)  other benefits. i)   an eight year full corporate tax holiday  commencing at first gold pour on metal  sales. The full tax holiday expired in  November 2009; ii)   a further five years half tax holiday  following i) above; and iii)  other benefits.