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Deferred tax (Tables)

12 Months Ended

Jun. 30, 2018

Deferred tax

Schedule of deferred tax

				2018		2017
for the year ended 30 June		Note		Rm		Rm
Reconciliation
Balance at beginning of year				22 778		20 302
Current year charge				(851	)	2 421
per the income statement		12		(1 075	)	1 361
per the statement of comprehensive income				224		1 060
Foreign exchange differences recognised in income statement				34		(148	)
Translation of foreign operations				(149	)	203

Balance at end of year				21 812		22 778

Comprising
Deferred tax assets				(4 096	)	(3 082	)
Deferred tax liabilities				25 908		25 860

				21 812		22 778

		2018		2017
for the year ended 30 June		Rm		Rm
Attributable to the following tax jurisdictions
 South Africa		22 501		23 699
 United States of America		301		(370	)
 Germany		(431	)	(210	)
 Mozambique		766		1 036
 Other		(1 325	)	(1 377	)

		21 812		22 778

Deferred tax is attributable to temporary differences on the following:
Net deferred tax assets:
Property, plant and equipment		1 194		1 200
Short- and long-term provisions		(1 296	)	(1 560	)
Calculated tax losses		(3 267	)	(1 705	)
Other		(727	)	(1 017	)

		(4 096	)	(3 082	)

Net deferred tax liabilities:
Property, plant and equipment		32 233		31 009
Current assets		(777	)	(289	)
Short- and long-term provisions		(4 991	)	(4 898	)
Calculated tax losses		(284	)	(518	)
Financial derivatives		57		11
Other		(330	)	545

		25 908		25 860

		2018		2017
for the year ended 30 June		Rm		Rm
Calculated tax losses
(before applying the applicable tax rate)
Available for offset against future taxable income		23 893		25 856
Utilised against the deferred tax balance		(6 272	)	(7 706	)

Not recognised as a deferred tax asset		17 621		18 150

Deferred tax assets not recognised on tax losses mainly relate to Sasol’s exploration and development entities, where future taxable income is uncertain.
Calculated tax losses carried forward that have not been recognised:
Expiry between three and five years		376		—
Expiry thereafter		16 826		17 920
Indefinite life		419		230

		17 621		18 150

Schedule of unremitted earnings

		2018		2017
for the year ended 30 June		Rm		Rm
Unremitted earnings at end of year that would be subject to dividend withholding tax		45 280		40 266
Europe		12 555		11 826
Rest of Africa		2 346		2 891
United States of America		23 591		18 968
Other		6 788		6 581

Tax effect if remitted		1 718		1 582
Europe		267		327
Rest of Africa		188		235
United States of America		1 179		948
Other		84		72

Schedule of dividend withholding tax

		2018		2017
for the year ended 30 June		Rm		Rm
Undistributed earnings at end of year that would be subject to dividend withholding tax withheld by the company on behalf of Sasol Limited shareholders		185 064		175 132
Maximum withholding tax payable by shareholders if distributed to individuals		37 013		35 026