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Cash and cash equivalents
12 Months Ended
Jun. 30, 2023
Cash and cash equivalents.  
Cash and cash equivalents

26

Cash and cash equivalents

2023

2022

for the year ended 30 June

    

Rm

    

Rm

Cash and cash equivalents

51 214

40 577

Restricted cash and cash equivalents

2 712

2 563

53 926

43 140

Bank overdraft

 

(159)

 

(173)

Per the statement of cash flows

 

53 767

 

42 967

Cash by currency

 

  

 

  

Rand

 

31 155

 

27 122

Euro

 

3 457

 

2 835

US dollar

 

18 478

 

12 289

Other currencies

 

677

 

721

 

53 767

 

42 967

Included in restricted cash and cash equivalents are cash in respect of various special purpose entities and joint operations in the Group for use within those entities.

Accounting policies:

Cash includes cash on hand and demand deposits that can be withdrawn at any time without prior notice or penalty.

Cash equivalents include short-term highly liquid investments with a maturity period of three months or less at date of purchase.

Cash restricted for use comprises cash and cash equivalents which are not available for general use by the Group, including amounts held in escrow, trust or other separate bank accounts.

Cash, cash equivalents and cash restricted for use are stated at carrying amount which is deemed to be fair value.

Bank overdrafts that are repayable on demand and that are integral to the Group's cash management are offset against cash and cash equivalents in the statement of cash flows.

The Statement of cash flows is presented on the direct method. Notes are supplied as supplemental information to the Statement of cash flows. Finance income and expenses and dividends received and paid are presented under operating activities in the Statement of cash flows.