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Leases (Tables)
12 Months Ended
Jun. 30, 2023
Leases  
Schedule of right of use assets

    

    

    

Plant, 

    

    

equipment 

Mineral 

Land

Buildings

and vehicles

assets

Total

for the year ended 30 June

 

Rm

 

Rm

 

Rm

 

Rm

 

Rm

Right of use assets

 

  

 

  

 

  

 

  

 

  

Carrying amount at 30 June 2022

 

217

 

5 180

 

7 231

 

1

 

12 629

Additions

 

1

 

410

 

967

 

 

1 378

Modifications and reassessments

 

(2)

 

28

 

324

 

 

350

Reclassification to assets

 

 

(65)

 

(46)

 

 

(111)

Translation of foreign operations

 

21

 

185

 

671

 

 

877

Terminations

 

 

(14)

 

(528)

 

 

(542)

Current year depreciation charge

 

(11)

 

(647)

 

(1 692)

 

 

(2 350)

Impairment of right of use assets (note 8)

 

(99)

 

(365)

 

(82)

 

 

(546)

Carrying amount at 30 June 2023

 

127

 

4 712

 

6 845

 

1

 

11 685

    

    

    

Plant, 

    

    

equipment

Mineral 

Land

Buildings

and vehicles

assets

Total

for the year ended 30 June

 

Rm

 

Rm

 

Rm

 

Rm

 

Rm

Right of use assets

 

  

 

  

 

  

 

  

 

  

Carrying amount at 30 June 2021

 

241

 

5 153

 

7 508

 

1

 

12 903

Additions

 

1

 

674

 

900

 

2

 

1 577

Modifications and reassessments

 

 

(5)

 

(17)

 

 

(22)

Reclassification to held for sale

 

(28)

 

(42)

 

(39)

 

 

(109)

Translation of foreign operations

 

11

 

70

 

451

 

 

532

Terminations

 

 

(17)

 

(24)

 

 

(41)

Current year depreciation charge

 

(11)

 

(655)

 

(1 552)

 

(2)

 

(2 220)

Reversal of impairment of right of use assets (note 8)

 

3

 

2

 

4

 

 

9

Carrying amount at 30 June 2022

 

217

 

5 180

 

7 231

 

1

 

12 629

    

    

    

Plant, 

    

    

equipment 

Mineral 

Land

Buildings

and vehicles

assets

Total

for the year ended 30 June

 

Rm

 

Rm

 

Rm

 

Rm

 

Rm

2023

 

  

 

  

 

  

 

  

 

  

Cost

 

333

 

8 264

 

13 174

 

4

 

21 775

Accumulated depreciation and impairment

 

(206)

 

(3 552)

 

(6 329)

 

(3)

 

(10 090)

 

127

 

4 712

 

6 845

 

1

 

11 685

2022

 

  

 

  

 

  

 

  

 

  

Cost

 

301

 

7 616

 

11 842

 

7

 

19 766

Accumulated depreciation and impairment

 

(84)

 

(2 436)

 

(4 611)

 

(6)

 

(7 137)

 

217

 

5 180

 

7 231

 

1

 

12 629

2021

 

  

 

  

 

  

 

  

 

  

Cost

 

549

 

7 389

 

10 763

 

4

 

18 705

Accumulated depreciation and impairment

 

(308)

 

(2 236)

 

(3 255)

 

(3)

 

(5 802)

 

241

 

5 153

 

7 508

 

1

 

12 903

Schedule of lease liabilities

    

    

2023

    

2022

for the year ended 30 June

    

Note

    

Rm

    

Rm

Lease liabilities

 

  

 

  

 

  

Total long-term lease liabilities

 

  

 

14 382

 

14 266

Short-term portion (included in short-term debt)

 

16

 

1 915

 

1 768

 

16 297

 

16 034

Reconciliation

 

  

 

  

 

  

Balance at beginning of year

 

  

 

16 034

 

15 677

New lease contracts

1 385

1 979

Payments made on lease liabilities

(2 269)

(2 264)

Modifications and reassessments

349

(23)

Interest accrued

293

453

Termination of lease liability

(517)

(63)

Transfer to disposal groups held for sale

 

  

 

 

(362)

Translation of foreign operations

 

1 022

 

637

Balance at end of year

 

  

 

16 297

 

16 034

Schedule of amounts recognised in income statement and cash flow

2023

2022

2021

for the year ended 30 June

    

Rm

    

Rm

    

Rm

Amounts recognised in income statement

 

  

 

  

 

  

Interest expense (included in net finance cost)

1 451

 

1 357

 

1 488

Expense relating to short-term leases*

 

596

 

474

 

423

Expense relating to leases of low-value assets that are not shown above as short-term leases*

 

87

 

79

 

65

Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)*

 

49

 

32

 

58

Amounts recognised in statement of cash flows

 

  

 

  

 

  

Total cash outflow on leases

 

4 159

 

3 753

 

3 882

*

Included in cash paid to suppliers and employees in the statement of cash flows.

Schedule of incremental borrowing rates

Southern Africa

        

9,33 - 16,91% (2022: 4,96 - 14,38%)

North America

 

6,33 - 8,86% (2022: 1,46 - 5,77%)

Eurasia

 

2,33 - 11,73% (2022: 1,12 - 4,73%)