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Basis of preparation - Impact of the adoption of IFRS 16 (Details) - ZAR (R)
R in Millions
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
Assets        
Property, plant and equipment [1] R 282,349 R 233,549 R 181,552  
Assets under construction [2] 83,474 127,764 184,007  
Right of use assets [3] 16,475      
Goodwill and other intangible assets 3,299 3,357 2,792  
Equity accounted investments 10,276 9,866 10,961  
Post-retirement benefit assets 1,151 1,274 1,292  
Deferred tax assets [4] 9,686 8,563 4,302  
Other long-term assets 7,181 7,580 7,223  
Non-current assets 413,891 391,953 392,129  
Assets in disposal groups held for sale 1,302 2,554 136  
Inventories 30,475 29,646 31,203  
Trade and other receivables 25,724 29,308 30,515  
Short-term financial assets [5] 2,279 630 2,602  
Cash and cash equivalents 12,674 15,877 15,876  
Current assets 72,454 78,015 80,332  
Total assets 486,345 469,968 472,461  
Equity and liabilities        
Shareholders' equity 222,645 219,910 235,997  
Non-controlling interests 6,001 5,885 6,241  
Total equity 228,646 225,795 242,238 R 228,608
Long-term debt 121,287 127,350 114,013  
Lease liabilities [3] 15,939 7,445 7,216  
Long-term provisions 17,974 17,622 15,621  
Post-retirement benefit obligations 12,850 12,708 12,141  
Long-term deferred income 560 924 850  
Long-term financial liabilities [6] 2,142 1,440 433  
Deferred tax liabilities [4] 28,791 27,586 28,773  
Non-current liabilities 199,543 195,075 179,047  
Liabilities in disposal groups held for sale 411 488 44  
Short-term debt [7] 18,380 3,783 10,243  
Short-term financial liabilities 1,348 765 1,264  
Other current liabilities [8] 38,013 44,004 39,519  
Bank overdraft 4 58 106  
Current liabilities 58,156 49,098 51,176  
Total equity and liabilities R 486,345 469,968 R 472,461  
IFRS 16 Impact        
Assets        
Property, plant and equipment   (7,417)    
Assets under construction   (71)    
Right of use assets   16,045    
Other long-term assets   (191)    
Non-current assets   8,366    
Trade and other receivables   (13)    
Current assets   (13)    
Total assets   8,353    
Equity and liabilities        
Shareholders' equity   (290)    
Total equity   (290)    
Long-term debt   (1,005)    
Lease liabilities   7,933    
Long-term deferred income   (152)    
Long-term financial liabilities   624    
Deferred tax liabilities   (111)    
Non-current liabilities   7,289    
Short-term debt   1,383    
Other current liabilities   (29)    
Current liabilities   1,354    
Total equity and liabilities   8,353    
After application of IFRS 16        
Assets        
Property, plant and equipment   226,132    
Assets under construction   127,693    
Right of use assets   16,045    
Goodwill and other intangible assets   3,357    
Equity accounted investments   9,866    
Post-retirement benefit assets   1,274    
Deferred tax assets   8,563    
Other long-term assets   7,389    
Non-current assets   400,319    
Assets in disposal groups held for sale   2,554    
Inventories   29,646    
Trade and other receivables   29,295    
Short-term financial assets   630    
Cash and cash equivalents   15,877    
Current assets   78,002    
Total assets   478,321    
Equity and liabilities        
Shareholders' equity   219,620    
Non-controlling interests   5,885    
Total equity   225,505    
Long-term debt   126,345    
Lease liabilities   15,378    
Long-term provisions   17,622    
Post-retirement benefit obligations   12,708    
Long-term deferred income   772    
Long-term financial liabilities   2,064    
Deferred tax liabilities   27,475    
Non-current liabilities   202,364    
Liabilities in disposal groups held for sale   488    
Short-term debt   5,166    
Short-term financial liabilities   765    
Other current liabilities   43,975    
Bank overdraft   58    
Current liabilities   50,452    
Total equity and liabilities   R 478,321    
[1] Includes assets under construction capitalised of R69 billion and depreciation for the period of R10 billion
[2] Actual capital expenditure, including accruals, amounted to R21 billion. This includes R10 billion (US$0.7 billion) relating to the LCCP. R69 billion was capitalised to property, plant and equipment, including R55 billion relating to the LCCP
[3] Refer to page 15 for the impact of the adoption of IFRS 16 ‘Leases’
[4] Deferred tax assets and liabilities are determined based on the tax status and rates of the underlying entities. The increase in deferred tax assets relate to our US Operations.
[5] Fair value period end adjustments, mainly the zero-cost foreign exchange collars
[6] Includes R674 million relating to an embedded derivative contained in the Oxygen Train 17 agreement with Air Liquide, which was recognised as a Finance Lease under IAS 17. With the adoption of IFRS 16 the agreement is recognised as a service agreement
[7] Short-term debt includes R14 billion relating to the US$1 billion syndicated loan facility raised in November 2019.
[8] The movement mainly relates to the R3.9 billion decrease in capital project related payables as the LCCP nears completion