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v3.23.2

Equity accounted investments - ORYX GTL Limited (Details) - ZAR (R) R in Millions | 12 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2021
Significant events and transactions |  |  |
Cash and cash equivalents | R 53,926 | R 43,140 |
Total assets | 433,838 | 419,548 |
Non-current liabilities | 143,554 | 134,576 |
Tax payable | 1,876 | 3,142 | R 806
Summarised income statement |  |  |
Turnover | 289,696 | 272,746 | 201,910
Depreciation and amortisation | (16,491) | (14,073) | (17,644)
Other operating expenses | (9,023) | (31,834) | (6,884)
Earnings before interest and tax (EBIT) | 21,520 | 61,417 | 16,619
Finance income | 2,253 | 1,020 | 856
Finance costs | (9,259) | (6,896) | (6,758)
Earnings before tax | 14,514 | 55,541 | 10,717
Taxation | (5,181) | (13,869) | (185)
Earnings for the year | 9,333 | 41,672 | 10,532
Reconciliation of summarised financial information |  |  |
Earnings before tax for the year | 14,514 | 55,541 | 10,717
Taxation | (5,181) | (13,869) | (185)
Dividends paid | (14,187) | (908) | (492)
Carrying value of equity accounted investment | 14,804 | 12,684 |
ORYX GTL |  |  |
Significant events and transactions |  |  |
Non-current assets | 14,621 | 13,723 |
Deferred tax asset | 423 | 292 |
Cash and cash equivalents | 2,897 | 4,208 |
Other current assets | 7,905 | 7,775 |
Total assets | 25,846 | 25,998 |
Non-current liabilities | 751 | 704 |
Other current liabilities | 1,629 | 4,594 |
Tax payable | 1,642 | 2,496 |
Total liabilities | 4,022 | 7,794 |
Net assets | 21,824 | 18,204 | 19,039
Summarised income statement |  |  |
Turnover | 13,761 | 16,620 |
Depreciation and amortisation | (2,148) | (1,625) |
Other operating expenses | (5,434) | (5,497) |
Earnings before interest and tax (EBIT) | 6,179 | 9,498 |
Finance income | 154 | 33 |
Finance costs | (43) | (42) |
Earnings before tax | 6,290 | 9,489 |
Taxation | (2,193) | (3,329) |
Earnings for the year | 4,097 | 6,160 |
The Group's share of profits of equity accounted investment | 2,007 | 3,019 |
Share of profit before tax | 3,082 | 4,650 |
Taxation | (1,075) | (1,631) |
Reconciliation of summarised financial information |  |  |
Net assets at the beginning of the year | 18,204 | 19,039 |
Earnings before tax for the year | 6,290 | 9,489 |
Taxation | (2,193) | (3,329) |
Foreign exchange differences | 2,934 | 2,438 |
Dividends paid | (3,411) | (9,433) |
Net assets at the end of the year | 21,824 | 18,204 | R 19,039
Carrying value of equity accounted investment | R 10,693 | 8,920 |
Share of pre-tax profits (as a percent) | 49.00% |  |
Dividend declared by joint venture (Sasol's share) |  | 4,600 |
Dividends received from joint ventures |  | R 3,000 |

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