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Other expenses and income (Tables)
12 Months Ended
Jun. 30, 2023
Other expenses and income  
Schedule of other expenses and income

    

2023

    

2022

    

2021

for the year ended 30 June

Rm

Rm

Rm

Includes:

  

  

  

Derivative (gains)/losses1

(3 287)

18 325

(2 282)

Translation (gains)/losses2

(2 728)

(693)

(5 510)

Trade and other receivables

 

(1 436)

 

(456)

 

1 233

Trade and other payables

 

171

 

(147)

 

(158)

Foreign currency loans

 

161

 

785

 

(6 318)

Other3

(1 624)

(875)

(267)

Exploration expenditure and feasibility costs

751

366

295

Professional fees

2 455

1 916

2 828

Expected credit losses raised/(released)

 

234

 

(39)

 

(87)

*

From the current year certain items were considered immaterial, namely Exploration expenditure and feasibility costs and Translation (gains)/losses. These items were previously presented as separate lines in the Income statement and are now presented as part of Other expenses and income.

1

Relates mainly to the Group’s hedging activities and embedded derivatives. Refer to page 118.

2

Relates mainly to the effect of the weakening of the Rand on the translation of foreign operations and intergroup exposure on foreign currency loans.

3

Other translation gains includes translation of intergroup treasury balances which increased during the year.