XML 267 R87.htm IDEA: XBRL DOCUMENT
v3.21.2

Financial risk management and financial instruments (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2021
Financial risk management and financial instruments |
Financial instruments | The following table summarises the group’s classification of financial instruments.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Carrying value | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Designated | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | At fair value | ​ | Designated | ​ | at fair value | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | through | ​ | hedging | ​ | through other | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | profit and | ​ | instrument | ​ | comprehensive | ​ | Amortised | ​ | ​ | ​
​ | ​ | ​ | ​ | loss | ​ | at fair value | ​ | income | ​ | cost | ​ | Fair value | ​
​ | ​ | Note | ​ | Rm | ​ | ​ | ​ | Rm | ​ | Rm | ​ | Rm | ​
2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial assets |  |  |  |  |  | ​ | ​ |  |  |  |  |  |
Investments in listed securities |  | ​ | ​ | — |  | — | ​ | 466 |  | — |  | 466 |
Investments in unlisted securities |  | ​ | ​ | — |  | — | ​ | 8 |  | — |  | 8 |
Other long-term investments |  | ​ | ​ | — |  | — | ​ | — |  | 1 422 |  | 1 422 |
Long-term receivables |  | 21 |  | — |  | — | ​ | — |  | 3 879 |  | 3 879 |
Long- and short-term financial assets |  | ​ | ​ | 2 323 |  | — | ​ | — |  | — |  | 2 323 |
Trade and other receivables** |  | 26 |  | — |  | — | ​ | — |  | 27 218 |  | 27 218 | *
Cash and cash equivalents |  | 29 |  | — |  | — | ​ | — |  | 31 231 |  | 31 231 | *
Financial liabilities |  |  |  |  |  | ​ | ​ |  |  |  |  |  |
Listed long-term debt (Bonds issued)+ |  | 17 |  | — |  | — | ​ | — |  | 68 405 |  | 72 226 |
Unlisted long-term debt+ |  | 17 |  | — |  | — | ​ | — |  | 34 238 |  | 34 274 |
Lease liabilities |  | 18 |  | — |  | — | ​ | — |  | 15 677 |  | — |
Short-term debt and bank overdraft |  | ​ | ​ | — |  | — | ​ | — |  | 303 |  | 303 | *
Long- and short-term financial liabilities |  | ​ | ​ | 3 070 |  | 2 103 | ​ | — |  | — |  | 5 173 |
Trade and other payables |  | 27 |  | — |  | — | ​ | — |  | 22 637 |  | 22 637 | *
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Carrying value | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Designated | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | At fair value | ​ | Designated | ​ | at fair value | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | through | ​ | hedging | ​ | through other | ​ | ​ | ​ | ​ | ​
​ | ​ |  | ​ | profit and | ​ | instrument | ​ | Comprehensive | ​ | Amortised | ​ |  | ​
​ | ​ | ​ | ​ | loss | ​ | at fair value | ​ | income | ​ | cost | ​ | Fair value | ​
​ |  | Note |  | Rm |  | ​ | ​ | Rm |  | Rm |  | Rm |
2020 |  |  |  |  |  | ​ | ​ |  |  |  |  |  |
Financial assets |  |  |  |  |  | ​ | ​ |  |  |  |  |  |
Investments in listed securities |  | ​ | ​ | — |  | — | ​ | 498 |  | — |  | 498 |
Investments in unlisted securities |  | ​ | ​ | — |  | — | ​ | 13 |  | — |  | 13 |
Other long-term investments |  | ​ | ​ | — |  | — | ​ | — |  | 1 415 |  | 1 415 |
Long-term receivables |  | 21 |  | — |  | — | ​ | — |  | 5 799 |  | 5 799 |
Long- and short-term financial assets |  | ​ | ​ | 645 |  | — | ​ | — |  | — |  | 645 |
Trade and other receivables** |  | 26 |  | — |  | — | ​ | — |  | 22 066 |  | 22 066 | *
Cash and cash equivalents |  | 29 |  | — |  | — | ​ | — |  | 34 739 |  | 34 739 | *
Financial liabilities |  |  |  |  |  | ​ | ​ |  |  |  |  |  |
Listed long-term debt (Bonds issued)+ |  | 17 |  | — |  | — | ​ | — |  | 56 760 |  | 50 701 |
Unlisted long-term debt+ |  | 17 |  | — |  | — | ​ | — |  | 110 437 |  | 109 724 |
Lease liabilities |  | 18 |  | — |  | — | ​ | — |  | 17 719 |  | — |
Short-term debt and bank overdraft |  | ​ | ​ | — |  | — | ​ | — |  | 22 533 |  | 22 533 | *
Long- and short-term financial liabilities |  | ​ | ​ | 5 748 |  | 4 143 | ​ | — |  | — |  | 9 891 |
Trade and other payables |  | 27 |  | — |  | — | ​ | — |  | 21 164 |  | 21 164 | *
​
| * | The fair value of these instruments approximates carrying value, due to their short-term nature.
| ** | Trade and other receivables includes employee-related and insurance-related receivables.
| + | Includes unamortised loan costs.
Schedule of expected credit losses recognised | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 12-month |  |
​ | ​ | Lifetime ECL | ​ | ECL | ​ |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | No | ​ | ​
​ | ​ | Significant | ​ | ​ | ​ | ​ | ​ | ​ | ​ | significant | ​ | ​
​ | ​ | increase in | ​ | Simplified | ​ | ​ | ​ | ​ | ​ | increase in | ​ | ​
​ | ​ | credit risk | ​ | approach | ​ | ​ | ​ | ​ | ​ | credit risk | ​ | Total
​ | ​ | since initial | ​ | for trade | ​ | Credit- | ​ | Total lifetime | ​ | since initial | ​ | expected
​ | ​ | recognition | ​ | receivables | ​ | impaired | ​ | ECL | ​ | recognition | ​ | credit loss
​ |  | Rm |  | Rm |  | Rm |  | Rm |  | Rm |  | Rm
2021 |  |  |  |  |  |  |  |  |  |  |  |
Long-term receivables |  | 50 |  | — |  | 41 |  | 91 |  | — |  | 91
Trade receivables |  | — |  | 9 |  | 192 |  | 201 |  | — |  | 201
Other receivables |  | 7 |  | — |  | 275 |  | 282 |  | 32 |  | 314
​ |  | 57 |  | 9 |  | 508 |  | 574 |  | 32 |  | 606
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 12-month |  |
​ | ​ | Lifetime ECL | ​ | ECL | ​ |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | No | ​ | ​
​ | ​ | Significant | ​ | ​ | ​ | ​ | ​ | ​ | ​ | significant | ​ | ​
​ | ​ | increase in | ​ | Simplified | ​ | ​ | ​ | ​ | ​ | increase in | ​ | ​
​ | ​ | credit risk | ​ | approach | ​ | ​ | ​ | ​ | ​ | credit risk | ​ | Total
​ | ​ | since initial | ​ | for trade | ​ | Credit- | ​ | Total lifetime | ​ | since initial | ​ | expected
​ | ​ | recognition | ​ | receivables | ​ | impaired | ​ | ECL | ​ | recognition | ​ | credit loss
​ |  | Rm |  | Rm |  | Rm |  | Rm |  | Rm |  | Rm
2020 |  |  |  |  |  |  |  |  |  |  |  |
Long-term receivables |  | 349 |  | — |  | 47 |  | 396 |  | 46 |  | 442
Trade receivables |  | — |  | 64 |  | 299 |  | 363 |  | — |  | 363
Other receivables |  | 12 |  | — |  | 330 |  | 342 |  | 1 |  | 343
​ |  | 361 |  | 64 |  | 676 |  | 1 101 |  | 47 |  | 1 148
Schedule of credit risk profile of financial assets at amortised cost | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020
​ | ​ | ​ | ​ | ​ | ​ | CCC+ and – | ​ | ​ | ​ | ​ | ​ | CCC+ and –
​ | ​ | AAA to A- | ​ | BBB to B- | ​ | below | ​ | AAA to A- | ​ | BBB to B- | ​ | below
​ | ​ | % |  | % |  | % | ​ | % |  | % |  | %
Long-term receivables |  | 58 | ​ | 39 | ​ | 3 |  | 40 | ​ | 20 | ​ | 40
Trade receivables |  | 72 | ​ | 25 | ​ | 3 |  | 69 | ​ | 26 | ​ | 5
Other receivables | ​ | 68 | ​ | 27 | ​ | 5 | ​ | 72 | ​ | 10 | ​ | 18
Cash and cash equivalents* |  | 21 | ​ | 79 | ​ | — |  | 19 | ​ | 78 | ​ | 3
Maturity profile of the undiscounted cash flows of derivative and non-derivative financial instruments | The maturity profile of the undiscounted contractual cash flows of financial instruments at 30 June were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Contractual |  | Within one |  | One to | ​ | Three to |  | More than
​ | ​ | ​ | ​ | cash flows* | ​ | year | ​ | three years | ​ | five years | ​ | five years
​ | ​ | Note | ​ | Rm | ​ | Rm | ​ | Rm |  | Rm | ​ | Rm
2021 |  |  |  |  |  |  |  |  | ​ | ​ |  |
Financial assets |  |  |  |  |  |  |  |  | ​ | ​ |  |
Non-derivative instruments |  |  |  |  |  |  |  |  | ​ | ​ |  |
Long-term receivables |  | 21 |  | 3 970 |  | — |  | 1 098 | ​ | 908 |  | 1 964
Trade and other receivables |  | 26 |  | 27 218 |  | 27 218 |  | — | ​ | — |  | —
Cash and cash equivalents (excluding restricted cash) |  | 29 |  | 27 559 |  | 27 559 |  | — | ​ | — |  | —
Investments through other comprehensive income |  |  |  | 474 |  | 474 |  | — | ​ | — |  | —
Other long-term investments |  |  |  | 1 422 |  | — |  | — | ​ | — |  | 1 422
​ | ​ | ​ |  | 60 643 |  | 55 251 |  | 1 098 | ​ | 908 |  | 3 386
Derivative instruments |  |  |  |  |  |  |  |  | ​ | ​ |  |
Foreign exchange contracts |  |  |  | 8 169 | ​ | 8 169 | ​ | — | ​ | — |  | —
Crude oil put options |  |  |  | 46 | ​ | 46 | ​ | — | ​ | — |  | —
Foreign exchange zero cost collars | ​ | ​ | ​ | 1 150 | ​ | 1 150 | ​ | — | ​ | — | ​ | —
Ethane swap options |  |  |  | 156 | ​ | 156 | ​ | — | ​ | — |  | —
Other commodity derivatives |  |  |  | 9 | ​ | 9 | ​ | — | ​ | — |  | —
Other currency derivatives | ​ | ​ | ​ | 1 727 | ​ | 107 | ​ | 231 | ​ | 241 | ​ | 1 148
​ | ​ | ​ |  | 71 900 |  | 64 888 |  | 1 329 | ​ | 1 149 |  | 4 534
Financial liabilities |  |  |  |  |  |  |  |  | ​ | ​ |  |
Non-derivative instruments |  |  |  |  |  |  |  |  | ​ | ​ |  |
Long-term debt |  | 17 |  | (119 921) |  | (8 997) |  | (66 190) | ​ | (6 698) |  | (38 036)
Lease liabilities |  | 18 |  | (31 679) |  | (2 997) |  | (5 067) | ​ | (4 226) |  | (19 389)
Short-term debt |  | 17 |  | (60) |  | (60) |  | — | ​ | — |  | —
Trade and other payables |  | 27 |  | (22 637) |  | (22 637) |  | — | ​ | — |  | —
Bank overdraft |  | 29 |  | (243) |  | (243) |  | — | ​ | — |  | —
Financial guarantees** |  |  |  | (313) |  | (313) |  | — | ​ | — |  | —
​ | ​ | ​ |  | (174 853) |  | (35 247) |  | (71 257) | ​ | (10 924) |  | (57 425)
Derivative instruments |  |  |  |  |  | ​ |  |  | ​ | ​ |  |
Foreign exchange contracts |  |  |  | (8 134) |  | (8 134) |  | — | ​ | — |  | —
Interest rate swap options |  |  |  | (2 234) |  | (668) |  | (960) | ​ | (513) |  | (93)
Crude oil put options |  |  |  | (46) |  | (46) |  | — | ​ | — |  | —
Crude oil zero cost collar |  |  |  | (1 126) |  | (1 126) |  | — | ​ | — |  | —
Crude oil swap options |  |  |  | (1 175) |  | (1 175) |  | — | ​ | — |  | —
Crude oil futures |  |  |  | (20) |  | (20) |  | — | ​ | — |  | —
Other currency derivatives |  |  |  | (5 422) |  | — |  | — | ​ | — |  | (5 422)
Other commodity derivatives |  |  |  | (49) |  | (49) |  | — | ​ | — |  | —
​ | ​ | ​ |  | (193 059) |  | (46 465) |  | (72 217) | ​ | (11 437) |  | (62 940)
| * | Contractual cash flows include interest payments.
| ** | Issued financial guarantees contracts are all repayable on default, however the likelihood of default is considered remote.
The shortfall beyond one year will be funded through cash generated from operations, proceeds from the accelerated asset divestment programme, utilisation of available facilities and the refinancing of existing debt. ​ ​
40.1 | Financial risk management continued
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Contractual |  | Within one |  | One to | ​ | Three to |  | More than
​ | ​ | ​ | ​ | cash flows* | ​ | year | ​ | three years | ​ | five years | ​ | five years
​ | ​ | Note | ​ | Rm | ​ | Rm | ​ | Rm |  | Rm | ​ | Rm
2020 |  |  |  |  |  |  |  |  | ​ | ​ |  |
Financial assets |  |  |  |  |  |  |  |  | ​ | ​ |  |
Non-derivative instruments |  |  |  |  |  |  |  |  | ​ | ​ |  |
Long-term receivables |  | 21 |  | 5 799 |  | — |  | 2 191 | ​ | 1 064 |  | 2 544
Trade and other receivables |  | 26 |  | 22 090 |  | 22 090 |  | — | ​ | — |  | —
Cash and cash equivalents (excluding restricted cash) |  | 29 |  | 32 932 |  | 32 932 |  | — | ​ | — |  | —
Investments through other comprehensive income |  |  |  | 511 |  | 511 |  | — | ​ | — |  | —
Other long-term investments |  |  |  | 1 415 |  | 1 415 |  | — | ​ | — |  | —
​ | ​ | ​ |  | 62 747 |  | 56 948 |  | 2 191 | ​ | 1 064 |  | 2 544
Derivative instruments |  |  |  |  |  |  |  |  | ​ | ​ |  |
Foreign exchange contracts |  |  |  | 9 185 |  | 9 185 |  | — | ​ | — |  | —
Crude oil put options |  |  |  | 113 |  | 113 |  | — | ​ | — |  | —
Ethane swap options |  |  |  | 104 |  | 104 |  | — | ​ | — |  | —
Other commodity derivatives |  |  |  | 11 |  | 11 |  | — | ​ | — |  | —
​ | ​ | ​ |  | 72 160 |  | 66 361 |  | 2 191 | ​ | 1 064 |  | 2 544
Financial liabilities |  |  |  |  |  |  |  |  | ​ | ​ |  |
Non-derivative instruments |  |  |  |  |  |  |  |  | ​ | ​ |  |
Long-term debt*** |  | 17 |  | (188 940) |  | (24 213) |  | (38 748) | ​ | (109 111) |  | (16 868)
Lease liabilities |  | 18 |  | (38 187) |  | (3 051) |  | (5 120) | ​ | (4 199) |  | (25 817)
Short-term debt |  | 17 |  | (21 888) |  | (21 888) |  | — | ​ | — |  | —
Trade and other payables |  | 27 |  | (21 164) |  | (21 164) |  | — | ​ | — |  | —
Bank overdraft |  | 29 |  | (645) |  | (645) |  | — | ​ | — |  | —
Financial guarantees** |  |  |  | (913) |  | (913) |  | — | ​ | — |  | —
​ | ​ | ​ |  | (271 737) |  | (71 874) |  | (43 868) | ​ | (113 310) |  | (42 685)
Derivative instruments |  |  |  |  |  |  |  |  | ​ | ​ |  |
Foreign exchange contracts |  |  |  | (8 770) |  | (8 770) |  | — | ​ | — |  | —
Interest rate swap options |  |  |  | (4 143) |  | (780) |  | (1 466) | ​ | (1 165) |  | (732)
Foreign exchange zero cost collars |  |  |  | (2 861) |  | (2 861) |  | — | ​ | — |  | —
Crude oil zero cost collar | ​ | ​ | ​ | (174) | ​ | (174) | ​ | — | ​ | — | ​ | —
Ethane swap options |  |  |  | (230) |  | (230) |  | — | ​ | — |  | —
Crude oil futures |  |  |  | (66) |  | (66) |  | — | ​ | — |  | —
Other currency derivatives | ​ | ​ | ​ | (10 990) | ​ | (45) | ​ | (74) | ​ | (63) | ​ | (10 808)
Other commodity derivatives |  |  |  | (103) |  | (103) |  | — | ​ | — |  | —
​ | ​ | ​ |  | (299 074) |  | (84 903) |  | (45 408) | ​ | (114 538) |  | (54 225)
| * | Contractual cash flows include interest payments.
| ** | Issued financial guarantees contracts are all repayable on default, however the likelihood of default is considered remote.
| *** | Of the amounts due in one to five years, R126 billion relates to the repayment of the bonds, the revolving credit facility and the term loan.
Schedule of foreign exchange rates | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Average rate | ​ | Closing rate
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
​ | ​ | Rand | ​ | Rand | ​ | Rand | ​ | Rand
Rand/Euro |  | 18,38 |  | 17,34 |  | 16,93 |  | 19,46
Rand/US dollar |  | 15,40 |  | 15,69 |  | 14,28 |  | 17,33
Summary of interest rate profile of interest-bearing financial instruments including the effect of the interest rate swap | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Carrying value
​ | ​ | 2021 | ​ | 2020
​ |  | Rm |  | Rm
Variable rate instruments |  |  |  |
Financial assets |  | 30 062 |  | 36 140
Financial liabilities |  | (7 898) |  | (97 531)
​ |  | 22 164 |  | (61 391)
Fixed rate instruments |  |  |  | ​
Financial assets |  | 1 788 |  | 525
Financial liabilities |  | (110 803) |  | (109 919)
​ |  | (109 015) |  | (109 394)
Interest profile (variable: fixed rate as a percentage of total financial assets) |  | 94:6 |  | 99:1
Interest profile (variable: fixed rate as a percentage of total financial liabilities) |  | 7:93 |  | 47:53
Schedule of derivative transactions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Financial | ​ | Financial | ​ | Financial | ​ | Financial | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | asset | ​ | liability | ​ | asset | ​ | liability | ​ | Income statement gain/(loss)
​ |  | 2021 |  | 2021 |  | 2020 |  | 2020 | ​ | 2021 | ​ | 2020 | ​ | 2019
​ |  | Rm |  | Rm |  | Rm |  | Rm |  | Rm |  | Rm |  | Rm
Derivative financial instruments | ​ |  | ​ |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swap options |  | — |  | (2 103) |  | — | ​ | (4 143) | ​ | (37) | ​ | (101) | ​ | (1 475)
Crude oil put options | ​ | 46 | ​ | (46) | ​ | 113 | ​ | — | ​ | (1 545) | ​ | (153) | ​ | (498)
Crude oil zero cost collars | ​ | — | ​ | (1 126) | ​ | — | ​ | (174) | ​ | (1 871) | ​ | (157) | ​ | —
Crude oil swap options | ​ | — | ​ | (1 175) | ​ | — | ​ | — | ​ | (1 267) | ​ | (160) | ​ | —
Crude oil futures | ​ | — | ​ | (20) | ​ | — | ​ | (66) | ​ | (774) | ​ | 538 | ​ | 265
Ethane swap options | ​ | 156 | ​ | — | ​ | 104 | ​ | (230) | ​ | 680 | ​ | (732) | ​ | (462)
Coal swap options | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | 91
Other commodity derivatives | ​ | 9 | ​ | (49) | ​ | 11 | ​ | (103) | ​ | — | ​ | — | ​ | —
Foreign exchange contracts | ​ | 75 | ​ | (40) | ​ | 417 | ​ | (1) | ​ | 1 011 | ​ | (372) | ​ | (794)
Foreign exchange zero cost collars |  | 1 150 |  | — |  | — | ​ | (2 861) | ​ | 4 027 | ​ | (4 298) | ​ | 323
Other foreign exchange derivatives* | ​ | 887 | ​ | (514) | ​ | — | ​ | (2 183) | ​ | 2 058 | ​ | (1 562) | ​ | 85
​ |  | 2 323 | ​ | (5 073) | ​ | 645 | ​ | (9 761) | ​ | 2 282 | ​ | (6 997) | ​ | (2 465)
Non-derivative financial instruments |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial guarantees | ​ | — | ​ | (100) | ​ | — | ​ | (130) | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2 323 | ​ | (5 173) | ​ | 645 | ​ | (9 891) | ​ | ​ | ​ | ​ | ​ | ​
| * | Mainly relates to a US dollar derivative that is embedded in long-term oxygen supply contracts to our Secunda Operations.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Contract/Notional amount* | ​ | ​ | ​ | Average price**
​ | ​ | ​ | ​ | Open | ​ | Settled | ​ | Open | ​ | Settled | ​ | ​ | ​ | Floor | ​ | Cap | ​ | Floor | ​ | Cap
​ |  | ​ | ​ | 2021 | ​ | 2021 | ​ | 2020 | ​ | 2020 | ​ | ​ | ​ | 2021 | ​ | 2021 | ​ | 2020 | ​ | 2020
​ | ​ | ​ |  | Million |  | Million |  | Million |  | Million |  | ​ |  | ​ |  | ​ |  | ​ |  | ​
Derivatives financial instruments | ​ | ​ | ​ |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil put options purchased*** | ​ | barrels | ​ | 10,0 | ​ | (32,5) | ​ | 5,5 | ​ | 1,0 | ​ | US$/bbl | ​ | 40,5 | ​ | — | ​ | 34,5 | ​ | —
Crude oil put options sold**** | ​ | barrels | ​ | (10,0) | ​ | — | ​ | — | ​ | — | ​ | US$/bbl | ​ | 43,2 | ​ | — | ​ | — | ​ | —
Crude oil zero cost collars | ​ | barrels |  | 24,0 |  | 5,1 | ​ | 3,1 | ​ | — | ​ | US$/bbl | ​ | 60,1 | ​ | 72,0 | ​ | 31,8 | ​ | 39,9
Crude oil swap options | ​ | barrels | ​ | 18,0 | ​ | — | ​ | — | ​ | 5,0 | ​ | US$/bbl | ​ | 67,2 | ​ | — | ​ | — | ​ | —
Crude oil futures | ​ | US$ |  | 108 |  | — | ​ | 36 | ​ | — | ​ | ​ | ​ | — | ​ | — | ​ | — | ​ | —
Ethane swap options | ​ | barrels |  | 4,0 |  | 26,2 | ​ | 21,5 | ​ | 17,4 | ​ | US$ c/gal | ​ | 23,2 | ​ | — | ​ | 19,8 | ​ | —
Foreign exchange contracts | ​ | US$ |  | 262 |  | — | ​ | 481 | ​ | — | ​ | ​ | ​ | ​ | ​ | — | ​ | — | ​ | —
Foreign exchange zero cost collars | ​ | US$ |  | 2 800 |  | 5 370 | ​ | 5 370 | ​ | 4 725 | ​ | R/US$ | ​ | 14,54 | ​ | 17,52 | ​ | 14,80 | ​ | 17,77
* The notional amount is the sum of the absolute value of all contracts for both derivative assets and liabilities. ** For open positions, *** Total premium paid for contracts entered into in the year US$93,8 million (2020: US$17,4). **** Oil put hedges of 23,5 million barrels for financial year 2022 have been restructured and replaced by a zero cost collar hedging structure. Put options for 13,5 million barrels have been terminated while put options for 10,0 million barrels have been sold.
Schedule of assets and liabilities measured at fair value | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Fair value |  | Fair value |  | ​ |  | ​ |  | Fair value
​ | ​ | 30 June | ​ | 30 June | ​ | ​ | ​ | ​ | ​ | hierarchy
Financial instrument | ​ | 2021 | ​ | 2020 | ​ | Valuation method | ​ | Significant inputs | ​ | of inputs
Financial assets |  |  |  |  |  |  |  |  |  |
Non-derivative instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investments in listed securities |  | 466 |  | 498 |  | Quoted market price for the same instrument |  | Quoted market price for the same instrument |  | Level 1
Investments in unlisted securities |  | 8 |  | 13 | ​ | Discounted cash flow |  | Forecasted earnings, capital expenditure and debt cash flows of the underlying business, based on the forecasted assumptions of inflation, exchange rates, commodity prices etc. Appropriate WACC for the region. |  | Level 3
Other long-term investments |  | — |  | 25 |  | Discounted cash flow |  | Market related interest rates. |  | Level 3
Other long-term investments |  | 1 422 |  | 1 390 | ​ | 2 |  | 2 |  | Level 12
Long-term receivables |  | 3 879 |  | 5 799 |  | Discounted cash flow |  | Market related interest rates. |  | Level 3
Derivative instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity and currency derivative assets |  | 1 436 |  | 645 |  | Forward rate interpolator model, appropriate currency specific discount curve, discounted expected cash flows, numerical approximation |  | Forward exchange contracted rates, market foreign exchange rates, forward contract rates, market commodity prices, coal prices, crude oil prices |  | Level 2
Embedded derivative3,4 | ​ | 887 | ​ | — | ​ | Forward rate interpolator model, , discounted expected cash flows, numerical approximation, as appropriate | ​ | US PPI index, US labour index, US Dollar and ZAR treasury curves, Rand zero swap discount rate | ​ | Level 3
Trade and other receivables |  | 27 218 |  | 22 066 |  | Discounted cash flow |  | Market related interest rates. |  | Level 31
Cash and cash equivalents |  | 31 231 |  | 34 739 | ​ | 2 |  | 2 |  | Level 12
Financial liabilities |  |  |  |  |  |  |  |  |  |
Non-derivative instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Listed long-term debt |  | 72 226 |  | 50 701 |  | Quoted market price for the same instrument |  | Quoted market price for the same instrument |  | Level 1
Unlisted long-term debt |  | 34 274 |  | 109 724 |  | Discounted cash flow |  | Market related interest rates |  | Level 3
Short-term debt and bank overdraft |  | 303 |  | 22 533 |  | Discounted cash flow |  | Market related interest rates |  | Level 31
Trade and other payables |  | 22 637 |  | 21 164 |  | Discounted cash flow |  | Market related interest rates |  | Level 31
Derivative instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity and currency derivative liabilities |  | 2 456 |  | 3 435 |  | Forward rate interpolator model, discounted expected cash flows, numerical approximation |  | Forward exchange contracted rates, coal prices, market foreign exchange rates |  | Level 2
Interest rate swap | ​ | 2 103 | ​ | 4 143 | ​ | Discounted net cash flows, using a swap curve to infer the future floating cash flows | ​ | US$ Overnight Indexed Swap (OIS) curve, recovery probabilities | ​ | Level 2
Embedded derivative3 |  | 514 |  | 2 168 |  | Forward rate interpolator model, discounted expected cash flows, numerical approximation, as appropriate |  | US PPI, US labour index, US Dollar and ZAR treasury curves, Rand zero swap discount rate |  | Level 3
​ 1The fair value of these instruments approximates their carrying value, due to their short-term nature. 2The carrying value of cash is considered to reflect its fair value. 3The group entered into two long-term gas supply agreements to our Secunda Operations commencing in 2018 and 2021 respectively. In terms of these agreements, Sasol pays a fixed fee over the duration of the agreement for the supply of oxygen and other gasses. A portion of the fixed fee is payable in US dollar and escalates based on US labour and inflation indices. This resulted in two embedded derivatives being separately recognised as a financial asset (R256 million) and financial liability (R514 million; 2020 - R2 183 million) measured at fair value through profit or loss. The decrease in the derivative liability compared to 2020 is as a result of the strengthening of the rand.
Sensitivity analysis of derivative transactions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | US$
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Libor
​ | ​ | ​ | ​ | Volatility | ​ | Ethane price | ​ | Crude oil price | ​ | Rand/US$* | ​ | curve**
​ |  | ​ |  | ​ |  | ​ |  | +USD 2 |  | -USD 2 |  | +USD 2/ |  | -USD 2/ |  | ​ |  | ​ |  | ​
30 June 2021 | ​ | ​ | ​ | +2% | ​ | -2% | ​ | c/gal | ​ | c/gal | ​ | bbl | ​ | bbl | ​ | +R 1/US$ | ​ | -R 1/US$* | ​ | -0,5%
Crude oil swap options |  | Rm |  | — | ​ | — | ​ | — | ​ | — | ​ | (385) | ​ | 385 | ​ | — | ​ | — | ​ | —
Ethane swap options |  | Rm |  | — | ​ | — | ​ | 14 | ​ | (14) | ​ | — | ​ | — | ​ | — | ​ | — | ​ | —
Foreign exchange zero cost collars |  | Rm |  | 86 | ​ | (86) | ​ | — | ​ | — | ​ | — | ​ | — | ​ | (1 702) | ​ | 1 702 | ​ | —
Crude oil zero-cost collar |  | Rm |  | (29) | ​ | 29 | ​ | — | ​ | — | ​ | (382) | ​ | 382 | ​ | — | ​ | — | ​ | —
Interest rate swap |  | Rm |  | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | 559
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | US$
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Libor
​ | ​ | ​ | ​ | Volatility | ​ | Ethane price | ​ | Crude oil price | ​ | Rand/US$* | ​ | curve**
​ |  | ​ |  | ​ |  | ​ |  | +USD 2 |  | -USD 2 |  | +USD 2/ |  | -USD 2/ |  | ​ |  | ​ |  | ​
30 June 2020 | ​ | ​ | ​ | +2% | ​ | -2% | ​ | c/gal | ​ | c/gal | ​ | bbl | ​ | bbl | ​ | +R1/US$ | ​ | -R 1/US$ | ​ | -0,5%
Crude oil put options | ​ | Rm | ​ | — | ​ | — | ​ | — | ​ | — | ​ | (45) |  | 55 | ​ | — | ​ | — | ​ | —
Ethane swap options |  | Rm |  | — |  | — |  | 329 |  | (329) |  | — | ​ | — |  | — |  | — | ​ | —
Foreign exchange zero cost collars |  | Rm |  | (196) |  | 209 |  | — |  | — |  | — |  | — |  | (2 504) |  | 2 172 |  | —
Crude oil zero-cost collar | ​ | Rm | ​ | (12) |  | 14 |  | — |  | — |  | (81) |  | 72 | ​ | — | ​ | — | ​ | —
Interest rate swap |  | Rm |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 811
| * | A weakening of the Rand/US$ spot exchange rate of R3,24 will likely result in the spot price falling within the corridor of the cap and floor rates of the zero-cost collars. No gain or loss will be made if these derivatives are settled at a spot price between the cap and floor. The exchange rate would have to weaken by at least R3,24/US$, up to the cap of R17,52, before losses are incurred on the derivatives.
| ** | Sensitivities on the downward shift has been limited by the low US$ Libor at 30 June 2021.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | US$/Rand Spot price | ​ | US$ Swap curve | ​ | Rand Swap curve
30 June 2021 |  | ​ |  | +R 1/US$ |  | -R 1/US$ |  | +0,1% |  | -0,1% |  | +1,0% |  | -1,0%
Oxygen supply contract embedded derivative | ​ | Rm | ​ | (601) | ​ | 601 | ​ | 98 | ​ | (99) | ​ | (825) | ​ | 955
​ 40Financial risk management and financial instruments continued 40.2 Fair value ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | US$/Rand Spot price | ​ | US$ Swap curve | ​ | Rand Swap curve
30 June 2020 |  | ​ |  | +R1/US$ |  | -R1/US% |  | +0,1% |  | -0,1% |  | +1,0% |  | -1,0%
Oxygen supply contract embedded derivative |  | Rm |  | (506) |  | 506 |  | 117 |  | (120) |  | (724) |  | 860
​
Foreign currency risk |
Financial risk management and financial instruments |
Schedules of information related to foreign currency risk and commodity price risk | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2021 | ​ | 2020
​ |  | Euro |  | US dollar |  | Euro |  | US dollar
​ |  | Rm | ​ | Rm |  | Rm | ​ | Rm
Long-term receivables |  | — |  | 323 |  | — |  | 427
Trade and other receivables |  | 831 |  | 2 265 |  | 394 |  | 3 218
Cash and cash equivalents |  | 1 895 |  | 1 121 |  | 1 476 |  | 964
Net exposure on assets |  | 2 726 |  | 3 709 |  | 1 870 |  | 4 609
Long-term debt (including lease liabilities) |  | — |  | — |  | (119) |  | (718)
Trade and other payables |  | (296) |  | (1 523) |  | (268) |  | (1 674)
Net exposure on liabilities |  | (296) |  | (1 523) |  | (387) |  | (2 392)
Exposure on external balances |  | 2 430 |  | 2 186 |  | 1 483 |  | 2 217
Net exposure on balances between group companies* |  | (2 559) |  | (8 064) |  | (2 046) |  | (31 894)
Total net exposure |  | (129) |  | (5 878) |  | (563) |  | (29 677)
| * | The US$ decrease results from the repayment of the loan provided by Sasol Investment Company to Sasol Financing International for the partial funding of the LCCP.
Schedule of sensitivity analysis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2021 | ​ | 2020
​ | ​ | Euro | ​ | US Dollar | ​ | Euro | ​ | US Dollar
​ |  | Rm |  | Rm |  | Rm |  | Rm
Equity |  | (13) |  | (511) |  | (56) |  | (2 968)
Income statement |  | (13) |  | (511) |  | (56) |  | (2 968)
Interest rate risk |
Financial risk management and financial instruments |
Schedule of sensitivity analysis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Income statement — 1% increase
​ |  | ​ |  | ​ |  | United States |  | ​
​ | ​ | South Africa | ​ | Europe* | ​ | of America* | ​ | Other
​ |  | Rm |  | Rm |  | Rm |  | Rm
30 June 2021 |  | 166 |  | 19 |  | 25 |  | 12
30 June 2020 |  | 110 |  | 15 |  | (761) |  | 21
| * | A decrease of 1% in interest rates for the United States of America and Europe will not have an effect on the income statement as it is not considered reasonably possible that the repo interest rates will decrease below 0%.
Schedule of information about cash flow hedges | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | North America
​ |  | ​ |  | 2021 |  | 2020
Carrying value included in short and long-term financial liabilities |  | Rm |  | 2 103 | ​ | 4 058
Fair value (gain)/loss recognised in other comprehensive income |  | Rm |  | (1 072) | ​ | 2 192
Fair value loss recognised in other operating expenses |  | Rm |  | 89 | ​ | 4
Balance of hedge reserve – continuing hedge relationships |  | Rm | ​ | (801) | ​ | (1 771)
Balance of hedge reserve – discontinued hedge relationships* |  | Rm |  | (106) | ​ | —
Nominal amount |  | Rm | ​ | 1 751 | ​ | 1 854
Expiry |  | ​ |  | December 2026 | ​ | December 2026
Average fixed rate |  | ​ | % | 2,82 | ​ | 2,82
Hedge ratio |  | ​ |  | 1:1 | ​ | 1:1
Change in continuing hedging instrument fair value used as the basis for recognising hedge ineffectiveness - (gain)/loss |  | US$m |  | (32) | ​ | 148
Change in hedged item fair value used as the basis for recognising hedge ineffectiveness - (gain)/loss |  | US$m |  | (38) | ​ | 151
​
| * | The group traded a total of seven interest rate swaps on 25 July 2019 with various counterparty banks. During the year a novation of one of the interest rate swaps was concluded. All the terms and conditions of the novated interest rate swap remained the same as the original interest rate swap. Following the novation, the original hedge relationship was discontinued and the novated interest rate swap was designated as a hedging instrument in a new hedging relationship. The balance of the hedge reserve relating to the discontinued interest rate swap will be released to profit or loss over the original remaining term of the contract.
Commodity price risk - crude oil |
Financial risk management and financial instruments |
Schedules of information related to foreign currency risk and commodity price risk | ​
​ | ​ | ​ | ​ | ​
​ |  | Dated Brent Crude
​ | ​ | 2021 | ​ | 2020
​ | ​ | US$ | ​ | US$
High | ​ | 76,44 | ​ | 69,96
Average |  | 54,20 |  | 51,22
Low |  | 36,21 |  | 13,24

X
- Definition The disclosure of derivative financial instruments. [Refer: Derivatives [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_10_e&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about financial instruments. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 31 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_31&doctype=Standard -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_7&doctype=Standard -URIDate 2020-01-01 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 35K -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_35K&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value of financial instruments. [Refer: Financial instruments, class [member]; At fair value [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_10_e&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial instruments by type of interest rate. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 39 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_39&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the reconciliation of changes in the loss allowance and explanation of changes in the gross carrying amount for financial instruments. Loss allowance is the allowance for expected credit losses on financial assets measured in accordance with paragraph 4.1.2 of IFRS 9, lease receivables and contract assets, the accumulated impairment amount for financial assets measured in accordance with paragraph 4.1.2A of IFRS 9 and the provision for expected credit losses on loan commitments and financial guarantee contracts. [Refer: Gross carrying amount [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 35H -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_35H&doctype=Standard -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 35I -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_35I&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss and equity would have been affected by changes in the relevant risk variable that were reasonably possible at that date. [Refer: Market risk [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 40 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_40_a&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of summary quantitative data about the entity's exposure to risks arising from financial instruments. This disclosure shall be based on the information provided internally to key management personnel of the entity, for example, the entity’s board of directors or chief executive officer. [Refer: Financial instruments, class [member]; Key management personnel of entity or parent [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 34 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_34_a&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of credit risk profile of financial assets at amortised cost + References No definition available. + Details
Name: | ssl_DisclosureOfCreditRiskProfileOfFinancialAssetsAtAmortisedCostTableTextBlock
Namespace Prefix: | ssl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for financial instruments (including derivative and non-derivative instruments) that shows the remaining contractual maturities. + References No definition available. + Details
Name: | ssl_DisclosureOfMaturityAnalysisForFinancialInstrumentsTableTextBlock
Namespace Prefix: | ssl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of foreign exchange rates + References No definition available. + Details
Name: | ssl_ScheduleOfForeignExchangeRatesTableTextBlock
Namespace Prefix: | ssl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of information about cash flow hedges + References No definition available. + Details
Name: | ssl_ScheduleOfInformationAboutCashFlowHedgesTableTextBlock
Namespace Prefix: | ssl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sensitivity analysis of derivative transactions + References No definition available. + Details
Name: | ssl_SensitivityAnalysisOfDerivativeTransactionsTableTextBlock
Namespace Prefix: | ssl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |