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Disposals and scrapping (Tables)
12 Months Ended
Jun. 30, 2023
Disposals and scrapping  
Schedule of disposals and scrapping

    

    

  

2023

    

2022

    

2021

 

for the year ended 30 June

Note

Rm

Rm

Rm

 

Property, plant and equipment1

 

17

 

632

 

3 802

 

7 064

Goodwill and other intangible assets

 

  

 

6

 

2

 

947

Equity accounted investments

 

  

 

 

 

370

Assets in disposal groups held for sale

 

  

 

12

 

16 586

 

67 662

Inventories

814

Trade and other receivables

 

  

 

5

 

 

174

Cash and cash equivalents

 

  

 

 

 

57

Liabilities in disposal groups held for sale

 

  

 

 

(6 321)

 

(2 577)

Long-term debt

 

  

 

 

 

(2 673)

Non-controlling interest

(3 141)

Long-term financial liabilities

 

  

 

 

 

(477)

Trade and other payables

 

  

 

 

 

(67)

 

655

 

10 928

 

71 294

Total consideration

 

  

 

1 054

 

11 364

 

73 426

consideration received

 

  

 

799

 

8 484

 

43 214

consideration receivable at time of disposal

255

127

116

fair value of retained investment

2 753

establishment of Joint operation*

 

  

 

 

 

30 096

 

399

 

436

 

2 132

Realisation of accumulated translation effects

 

  

 

251

 

8 024

 

3 388

Net profit on disposal

 

  

 

650

 

8 460

 

5 520

Consideration received comprising

 

  

 

 

 

  

Gas – Area A5-A offshore exploration license in Mozambique

26

Gas – Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)

4 129

Fuels – Central Térmica De Ressano Garcia S.A (CTRG)

2 577

Gas – Canadian Montney assets

387

Chemicals America – US LCCP Base Chemicals business

29 894

Fuels & Chemicals Africa – Air separation units

8 051

Chemicals America – interest in Gemini HDPE LLC

3 456

Gas – Gabon oil producing assets

424

Chemicals Eurasia – ARG Investment

316

Chemicals Africa – Share in Enaex Africa

175

Other

 

  

 

773

 

1 391

 

898

Consideration received

 

  

 

799

 

8 484

 

43 214

1Refer to note 8 for detail on the scrapping of property, plant and equipment.