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Restricted Investments (Tables)
 12 Months Ended
Jun. 30, 2019
Financial Instruments [Abstract]  
Disclosure of Restricted Investments
The group's financial assets and liabilities are classified as set out below:
Figures in million (SA rand)
Debt instruments at amortised cost

Equity instruments designated at fair value through OCI

Derivatives designated as cash flow hedges

Derivatives at fair value through profit or loss

Debt instruments at fair value through profit or loss

Financial liabilities at amortised cost

 
 
 
 
 
 
 
At 30 June 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Restricted cash
136

—

—

—

—

—

Restricted investments
2 045

—

—

—

1 256

—

Other non-current assets
3

59

—

—

271

—

Non-current derivative financial instruments
—

—

24

173

—

—

- Rand gold hedging contracts
—

—

23

—

—

—

- US$ commodity contracts
—

—

1

—

—

—

- Foreign exchange hedging contracts
—

—

—

173

—

—

Current derivative financial instruments
—

—

26

283

—

—

- Rand gold hedging contracts
—

—

22

—

—

—

- US$ commodity contracts
—

—

4

—

—

—

- Foreign exchange hedging contracts
—

—

—

283

—

—

Trade and other receivables
627

—

—

—

—

—

Cash and cash equivalents
993

—

—

—

—

—

 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-current derivative financial instruments
—

—

172

—

—

—

- Rand gold hedging contracts
—

—

158

—

—

—

- US$ commodity contracts
—

—

14

—

—

—

Current derivative financial instruments
—

—

205

65

—

—

- Rand gold hedging contracts
—

—

164

61

—

—

- US$ commodity contracts
—

—

41

2

—

—

- Foreign exchange hedging contracts
—

—

—

2

—

—

Borrowings
—

—

—

—

—

5 915

Other non-current liabilities
—

—

—

—

—

2

Trade and other payables
—

—

—

—

—

930

 
 
 
 
 
 
 

4
FINANCIAL RISK MANAGEMENT continued
Figures in million (SA rand)
Loans and receivables

Available-for-sale financial assets

Held-to-maturity investments

Hedging instruments

Fair value through profit or loss

Financial liabilities at amortised cost

 
 
 
 
 
 
 
At 30 June 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Restricted cash
115

—

—

—

—

—

Restricted investments
23

—

2 335

—

913

—

Other non-current assets
253

8

—

—

—

—

Non-current derivative financial instruments
—

—

—

70

14

—

Current derivative financial instruments
—

—

—

412

127

—

Trade and other receivables
626

—

—

—

—

—

Cash and cash equivalents
706

—

—

—

—

—

 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-current derivative financial instruments
—

—

—

—

10

—

Current derivative financial instruments
—

—

—

—

205

—

Borrowings
—

—

—

—

—

5 614

Other non-current liabilities
—

—

—

—

—

1

Trade and other payables
—

—

—

—

—

769

 
 
 
 
 
 
 
 
SA rand
Figures in million
2019

2018

 
 
 
Investments held by environmental trust funds
3 273

3 238

Investments held by social trust funds
28

33

 
 
 
Total restricted investments
3 301

3 271

The environmental trust funds consist of:
 
SA rand
Figures in million
2019

2018

 
 
 
Fixed deposits
2 015

2 335

Cash and cash equivalents
30

23

Equity-linked deposits
1 228

880

 
 
 
Total environmental trust funds
3 273

3 238
Reconciliation of Movement in Investments Held by Environmental Trust Funds

The environmental trust funds consist of:
 
SA rand
Figures in million
2019

2018

 
 
 
Fixed deposits
2 015

2 335

Cash and cash equivalents
30

23

Equity-linked deposits
1 228

880

 
 
 
Total environmental trust funds
3 273

3 238



Reconciliation of the movement in the investments held by environmental trust funds:
 
SA rand
Figures in million
2019

2018

 
 
 
Balance at beginning of year
3 238

2 621

Interest income
168

157

Fair value gain
48

79

Moab Khotsong acquisition1
—

382

Equity-linked deposits acquired
300

—

(Maturity)/acquisition of fixed deposits
(481
)
6

Net transfer of cash and cash equivalents
183

(7
)
Withdrawal of funds for rehabilitation work performed
(183
)
—

 
 
 
Balance at end of year
3 273

3 238

1 Refer to note 12 for further information. The amount includes R58 million relating to Nufcor SA. Upon receipt the funds were invested in fixed deposits.