XML 93 R86.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments under leases (Tables)
12 Months Ended
Jun. 30, 2018
Commitments under leases  
Schedule of operating and finance leases

 

 

 

2018

 

2017

 

for the year ended 30 June

 

Rm

 

Rm

 

Property, plant and equipment

 

 

 

 

 

Within one year

 

2 068

 

1 316

 

One to five years

 

5 863

 

4 009

 

More than five years

 

15 344

 

13 089

 

 

 

 

 

 

 

 

 

23 275

 

18 414

 

 

 

 

 

 

 

Included in operating leases is the following:

 

 

 

 

 

     The lease for the Sasol Corporate office building. The lease term is 20 years with an option to extend for a further five years. This is a significant lease for the group.

 

 

 

 

 

     The rental of a pipeline for the transportation of gas products. The rental payments are determined based on the quantity of gas transported. The lease may be extended by either party to the lease for a further three year period prior to the expiry of the current lease term of 16 years.

 

 

 

 

 

Water reticulation for Secunda Synfuels Operations

 

 

 

 

 

Within one year

 

171

 

144

 

One to five years

 

847

 

777

 

More than five years

 

1 798

 

2 038

 

 

 

 

 

 

 

 

 

2 816

 

2 959

 

 

 

 

 

 

 

The water reticulation commitments of Secunda Synfuels Operations relate to a long-term water supply agreement. The rental payments are determined based on the quantity of water consumed over the 20 year period of the lease.

 

 

 

 

 

Total minimum future lease payments

 

26 091

 

21 373

 

 

 

 

 

 

 

 

 

 

2018

 

2017

 

for the year ended 30 June

 

Rm

 

Rm

 

Within one year

 

1 171

 

278

 

One to five years

 

3 975

 

1 195

 

More than five years

 

19 586

 

2 308

 

Less amounts representing finance charges

 

(17 108

)

(1 917

)

 

 

 

 

 

 

Total minimum future lease payments

 

7 624

 

1 864