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Interest in joint operations (Tables) | 12 Months Ended
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Jun. 30, 2022
Interest in joint operations |
Schedule of interest in joint operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  |  |  |  | % of equity owned
​ | ​ | ​ | ​ | ​ | ​ | 2022 | ​ | 2021
Name |  | Country of incorporation |  | Nature of activities |  | % |  | %
Louisiana Integrated Polyethylene JV LLC | ​ | United States of America | ​ | Manufactures high density polyethylene chemicals | ​ | 50 | ​ | 50
Sasol Canada1 |  | Canada |  | Development of shale gas reserves and production and marketing of shale gas |  | — |  | 50
Natref |  | South Africa |  | Refining of crude oil |  | 64 |  | 64
| 1 | The Group sold its investment in Sasol Canada on 29 July 2021.
In accordance with the Group's accounting policy, the results of joint operations are accounted for on a line by line basis. The information provided is Sasol’s share of joint operations (excluding unincorporated joint operations) and includes intercompany transactions and balances.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Louisiana | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Integrated | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Polyethylene |  |  |  | Total | ​ | Total
​ |  | JV LLC* |  | Natref |  | 2022 | ​ | 2021**
for the year ended 30 June |  | Rm |  | Rm |  | Rm |  | Rm
Statement of financial position | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
External non-current assets | ​ | 30 554 | ​ | 3 595 | ​ | 34 149 | ​ | 30 647
External current assets | ​ | 1 006 | ​ | 351 | ​ | 1 357 | ​ | 4 872
Intercompany current assets | ​ | 60 | ​ | 12 | ​ | 72 | ​ | 2
Total assets | ​ | 31 620 | ​ | 3 958 | ​ | 35 578 | ​ | 35 521
Shareholders’ equity | ​ | 30 785 | ​ | 296 | ​ | 31 081 | ​ | 28 754
Long-term liabilities | ​ | 27 | ​ | 2 427 | ​ | 2 454 | ​ | 2 522
Interest-bearing current liabilities | ​ | 44 | ​ | 193 | ​ | 237 | ​ | 225
Non-interest-bearing current liabilities | ​ | 546 | ​ | 655 | ​ | 1 201 | ​ | 2 607
Intercompany current liabilities | ​ | 218 | ​ | 387 | ​ | 605 | ​ | 1 413
Total equity and liabilities | ​ | 31 620 | ​ | 3 958 | ​ | 35 578 | ​ | 35 521
| * | The joint operation with LyondellBasell operates as a tolling arrangement. Sasol retains control of our portion of the goods during the toll processing, for which a fee is paid, and only recognises revenue when the finished goods are transferred to a final customer. Equistar, as subsidiary of LyondellBasell, acts as an independent agent, for a fee, to exclusively market and sell all of Sasol's Linear low-density polyethylene (LLDPE) and Low-density polyethylene (LDPE) produced by the joint operation to customers.
| ** | The group sold it's investment in Sasol Canada on 29 July 2021 and its investment in Central Térmica de Ressano Garcia (CTRG) on 29 April 2022.

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- Definition The disclosure of joint operations. [Refer: Joint operations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2021-01-01 -Paragraph B4 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_B4_c&doctype=Appendix&subtype=B -URIDate 2021-03-24 + Details
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