10Disposals and scrapping

		2018		2017		2016
for the year ended 30 June	Note	Rm		Rm		Rm
Property, plant and equipment	17	591		836		348
cost		6 297		7 037		5 099
accumulated depreciation and impairment		(5 706	)	(6 201	)	(4 751	)
Assets under construction	18	1 200		105		963
Goodwill and other intangible assets		147		103		107
cost		319		173		392
accumulated amortisation and impairment		(172	)	(70	)	(285	)
Equity accounted investments		1 525		—		1 042
Long-term receivables and prepaid expenses		—		7		—
Assets in disposal groups held for sale		215		—		126
Trade and other receivables		339		7		—
Cash and cash equivalents		36		—		—
Long-term provisions	31	—		—		(356	)
Liabilities in disposal groups held for sale		—		—		(43	)
Short-term provisions		(24	)	—		—
Tax payable		(35	)	—		—
Trade and other payables		(208	)	(30	)	—

		3 786		1 028		2 187
Non-controlling interest		(51	)	—		—

		3 735		1 028		2 187
Total consideration		2 425		788		772
consideration received		2 316		788		569
long-term supply agreement		109		—		—
consideration still receivable		—		—		203


		(1 310	)	(240	)	(1 415	)
Realisation of accumulated translation effects		482		29		479

Net loss on disposal		(828	)	(211	)	(936	)

Consideration received comprising
Base Chemicals — Investment in Petronas Chemicals LDPE Sdn Bhd and Petronas Chemicals Olefins Sdn Bhd		1 918		—		—
Energy — Property and mineral rights in the US (Lake de Smet)		215		—		—
Exploration and Production International — Farm down of Area A in Mozambique		—		—		464
Energy — Sale of Canada land		—		389		—
Other		183		399		308

Consideration received		2 316		788		772

Significant disposals and scrappings in 2018

Base Chemicals — Investment in Petronas Chemicals LDPE Sdn Bhd and Petronas Chemicals Olefins Sdn Bhd

Our divestment from Petronas Chemicals LDPE Sdn Bhd and Petronas Chemicals Olefins Sdn Bhd was concluded on 14 March 2018, resulting in a profit on disposal of R864 million, including the reclassification of the Foreign Currency Translation Reserve of R494 million.

Energy — US Gas-To-Liquids (GTL) Scrapping

We have scrapped the US GTL Project amounting to R1,1 billion (US$83 million) during the 2018 financial year.

Significant disposals in prior periods

Energy — Sale of Canada land

In 2017, we disposed of a portion of our land in Canada with a carrying value of R354 million (CAD35 million) for proceeds of R389 million (CAD38 million).

Energy — Investment in Uzbekistan GTL joint venture

In 2016, we decided to withdraw from our equity participation by exercising a put option for US$1. Accordingly, the disposal of the equity accounted investment was accounted for on the date of exercise of the put option resulting in a net loss of R563 million, including the reclassification of the Foreign Currency Translation Reserve of R479 million.