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Disposals and scrapping | 12 Months Ended
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Jun. 30, 2019
Disposals and scrapping |
Disposals and scrapping | 10 Disposals and scrapping
|  |  |  | 2019 |  | 2018 |  | 2017 |
for the year ended 30 June |  | Note |  | Rm |  | Rm |  | Rm |
Property, plant and equipment |  | 17 |  | 708 |  | 591 |  | 836 |
cost |  |  |  | 7 245 |  | 6 297 |  | 7 037 |
accumulated depreciation and impairment |  |  |  | (6 537 | ) | (5 706 | ) | (6 201 | )
Assets under construction |  | 18 |  | 852 |  | 1 200 |  | 105 |
Goodwill and other intangible assets |  |  |  | 112 |  | 147 |  | 103 |
cost |  |  |  | 336 |  | 319 |  | 173 |
accumulated amortisation and impairment |  |  |  | (224 | ) | (172 | ) | (70 | )
Equity accounted investments |  |  |  | — |  | 1 525 |  | — |
Long-term receivables and prepaid expenses |  |  |  | — |  | — |  | 7 |
Assets in disposal groups held for sale |  |  |  | 94 |  | 215 |  | — |
Trade and other receivables |  |  |  | — |  | 339 |  | 7 |
Cash and cash equivalents |  |  |  | — |  | 36 |  | — |
Liabilities in disposal groups held for sale |  |  |  | (38 | ) | — |  | — |
Short-term provisions |  |  |  | — |  | (24 | ) | — |
Tax payable |  |  |  | — |  | (35 | ) | — |
Trade and other payables |  |  |  | — |  | (208 | ) | (30 | )
|  |  |  | 1 728 |  | 3 786 |  | 1 028 |
Non-controlling interest |  |  |  | — |  | (51 | ) | — |
|  |  |  | 1 728 |  | 3 735 |  | 1 028 |
Total consideration |  |  |  | 567 |  | 2 425 |  | 788 |
consideration received |  |  |  | 567 |  | 2 316 |  | 788 |
long-term supply agreement |  |  |  | — |  | 109 |  | — |
|  |  |  | (1 161 | ) | (1 310 | ) | (240 | )
Realisation of accumulated translation effects |  |  |  | 52 |  | 482 |  | 29 |
Net loss on disposal |  |  |  | (1 109 | ) | (828 | ) | (211 | )
Consideration received comprising |  |  |  |  |  |  |  |  |
Performance Chemicals — Heat Transfer Fuels (HTF) business |  |  |  | 271 |  | — |  | — |
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 |  | — |
Energy — Sale of Canada land |  |  |  | — |  | — |  | 389 |
Other |  |  |  | 296 |  | 183 |  | 399 |
Consideration received |  |  |  | 567 |  | 2 316 |  | 788 |
Significant disposals and scrappings in 2019 Performance Chemicals — Heat Transfer Fuels (HTF) business In 2019, we disposed of our HTF business with the producing assets located within the Marl facility in Germany. Lake Charles Chemicals Project In 2019, we scrapped R682 million (US$48 million) of cost incurred on the LCCP, mainly relating to rework required. Refer note 9. Significant disposals in prior periods 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. 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).

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