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Interest in joint operations (Tables) | 12 Months Ended
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Jun. 30, 2023
Interest in joint operations |
Schedule of interest in joint operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  |  |  |  | % of equity owned
​ | ​ | ​ | ​ | ​ | ​ | 2023 | ​ | 2022
Name |  | Country of incorporation |  | Nature of activities |  | % |  | %
Louisiana Integrated Polyethylene JV LLC | ​ | United States of America | ​ | Manufactures ethylene and polyethylene chemicals | ​ | 50 | ​ | 50
Natref |  | South Africa |  | Refining of crude oil |  | 64 |  | 64
​ 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 |  | 2023 | ​ | 2022
for the year ended 30 June |  | Rm |  | Rm |  | Rm |  | Rm
Statement of financial position | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
External non-current assets | ​ | 35 190 | ​ | 3 846 | ​ | 39 036 | ​ | 34 149
External current assets | ​ | 1 123 | ​ | 414 | ​ | 1 537 | ​ | 1 357
Intercompany current assets | ​ | 187 | ​ | 2 | ​ | 189 | ​ | 72
Total assets | ​ | 36 500 | ​ | 4 262 | ​ | 40 762 | ​ | 35 578
Shareholders’ equity | ​ | 35 482 | ​ | 304 | ​ | 35 786 | ​ | 31 081
Long-term liabilities | ​ | 33 | ​ | 2 710 | ​ | 2 743 | ​ | 2 454
Interest-bearing current liabilities | ​ | 12 | ​ | 168 | ​ | 180 | ​ | 237
Non-interest-bearing current liabilities | ​ | 785 | ​ | 703 | ​ | 1 488 | ​ | 1 201
Intercompany current liabilities | ​ | 188 | ​ | 377 | ​ | 565 | ​ | 605
Total equity and liabilities | ​ | 36 500 | ​ | 4 262 | ​ | 40 762 | ​ | 35 578
| * | 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, a subsidiary of LyondellBasell, acts as an independent agent, for a fee, to exclusively market and sell all of Sasol’s Linear low-density polyethylene and Low-density polyethylene produced by the joint operation to customers.

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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 2022-03-24 -Paragraph B4 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B4_c&doctype=Appendix&subtype=B -URIDate 2022-03-24 + Details
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