XML 108 R15.htm IDEA: XBRL DOCUMENT
v3.19.3

Finance Costs | 12 Months Ended
--- | ---
Jun. 30, 2019
Analysis of income and expense [abstract] |
Finance Costs | FINANCE COSTS
ACCOUNTING POLICY Borrowing costs are capitalised to the extent that they are directly attributable to the acquisition and construction of qualifying assets. Qualifying assets are assets that take a substantial time to get ready for their intended use. These costs are capitalised until the asset moves into the production phase. Other borrowing costs are expensed. The foreign exchange translation loss is included in the borrowing cost calculation to the extent that it is considered to be a part of interest.
9 | FINANCE COSTS continued
| SA rand
Figures in million | 2019 |  | 2018 |  | 2017 |
Financial liabilities |  |  |
Borrowings | 402 |  | 227 |  | 110 |
Other creditors and liabilities | 2 |  | 1 |  | — |
Total finance costs from financial liabilities | 404 |  | 228 |  | 110 |
Non-financial liabilities |  |  |
Post-retirement benefits | 17 |  | 18 |  | 16 |
Time value of money component of silicosis provision | 79 |  | 76 |  | — |
Time value of money and inflation component of rehabilitation costs | 208 |  | 191 |  | 173 |
Total finance costs from non-financial liabilities | 304 |  | 285 |  | 189 |
Total finance costs before interest capitalised | 708 |  | 513 |  | 299 |
Interest capitalised (a) | (133 | ) | (183 | ) | (65 | )
Total finance costs | 575 |  | 330 |  | 234 |
(a) | The capitalisation rate used to determine capitalised borrowing costs is:
| 2019 |  | 2018 |  | 2017 |
| % |  | % |  | % |
Capitalisation rate | 10.4 | % | 10.5 | % | 4.2 | %
The change in the rate from 2017 to 2018 is due to the effect of the foreign exchange translation loss in 2018 compared with a gain of 2017 on the calculation of the rate.

X
- References No definition available. + Details
Name: | ifrs-full_AnalysisOfIncomeAndExpenseAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of finance cost. [Refer: Finance costs] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_10_e&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfFinanceCostExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration