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Long-term debt (Tables) | 12 Months Ended
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Jun. 30, 2025
Long-term debt. |
Schedule of long-term debt | ​
​ | ​ | ​ | ​ | ​
​ |  | 2025 |  | 2024
​ | ​ | ​ | ​ | Reclassified*
for the year ended 30 June | ​ | Rm | ​ | Rm
Total long-term debt | ​ | 102 645 |  | 117 031
Short-term portion* | ​ | (14 091) |  | (13 160)
Long-term portion* | ​ | 88 554 |  | 103 871
Analysis of long-term debt | ​ | ​ |  |
At amortised cost | ​ | ​ | ​ | ​
Unsecured debt | ​ | 103 037 |  | 117 559
Unamortised loan costs | ​ | (392) |  | (528)
​ | ​ | 102 645 |  | 117 031
Reconciliation | ​ | ​ |  |
Balance at beginning of year | ​ | 117 031 |  | 124 068
Loans raised¹ | ​ | 471 |  | 30 692
Loans repaid² | ​ | (14 060) |  | (35 468)
Interest accrued | ​ | 1 505 |  | 1 551
Amortisation of loan costs | ​ | 126 |  | 161
Translation of foreign operations | ​ | (2 428) |  | (3 973)
Balance at end of year | ​ | 102 645 |  | 117 031
Interest-bearing status | ​ | ​ |  |
Interest-bearing debt | ​ | 102 645 |  | 117 031
Maturity profile | ​ | ​ |  |
Within one year | ​ | 14 091 |  | 13 160
One to five years | ​ | 72 309 |  | 87 629
More than five years | ​ | 16 245 |  | 16 242
​ | ​ | 102 645 |  | 117 031
| * | Prior year numbers have been reclassified on adoption of the amendments to IAS 1, refer to note 1.
| 1 | 2024 relates mainly R 2,4 billion raised under the new DMTN programme and US$1,5 billion (R 27 billion) that was drawn under the Revolving Credit Facility (RCF).
| 2 | 2025 mainly relates to partial repayment of the RCF of R 13 billion. In October 2024 US$0,3 billion (R 5,4 billion) was repaid and in June 2025 US$0,4 billion (R 7,1 billion) was repaid. 2024 relates mainly to the US$1,5 billion (R 28 billion) US Dollar bond that was repaid in March 2024, as well as partial settlements of US$0,3 billion (R 5,5 billion) in May and June 2024 on the RCF.
Schedule of liquidity available from borrowings | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 2025 | ​ | 2024 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total | ​ | ​ | ​ | ​ | ​ | Utilised | ​
​ | ​ | ​ | ​ | ​ | ​ | Interest | ​ | Contract | ​ | Rand | ​ | Available | ​ | Utilised | ​ | facilities | ​
​ | ​ | ​ | ​ | ​ | ​ | rate | ​ | amount | ​ | equivalent | ​ | facilities | ​ | facilities | ​ | Reclassified* | ​
for the year ended 30 June |  | Expiry date |  | Currency |  | % |  | million |  | Rm |  | Rm |  | Rm |  | Rm | ​
Banking facilities and debt arrangements | ​ |  | ​ |  | ​ | ​ | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​
Group treasury facilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial paper (uncommitted) |  | None |  | Rand |  | 3 month Jibar + 1,42% - 1,59% | ​ | 15 000 |  | 15 000 |  | 10 566 | ​ | 4 434 |  | 4 434 | ​
Commercial banking facilities |  | None |  | Rand |  | ** | ​ | 7 450 |  | 7 450 |  | 7 450 | ​ | — |  | — | ​
Revolving credit facility¹ |  | April 2030 |  | US dollar |  | SOFR+ Credit Adj +1,45% | ​ | 1 987 |  | 35 269 |  | 26 394 | ​ | 8 875 |  | 21 831 | ​
Debt arrangements |  | ​ |  | ​ |  | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​
US Dollar Bond² |  | September 2026 |  | US dollar |  | 4,38% | ​ | 650 | ​ | 11 538 | ​ | — | ​ | 11 538 |  | 11 825 | ​
US Dollar Convertible Bond³ | ​ | November 2027 | ​ | US dollar | ​ | 4,50% | ​ | 750 |  | 13 313 |  | — | ​ | 13 313 | ​ | 13 644 | ​
US Dollar Bond² | ​ | September 2028 | ​ | US dollar | ​ | 6,50% | ​ | 750 | ​ | 13 313 | ​ | — | ​ | 13 313 | ​ | 13 644 | ​
US Dollar Bond² |  | May 2029 |  | US dollar |  | 8,75% | ​ | 1 000 | ​ | 17 750 | ​ | — | ​ | 17 750 |  | 18 193 | ​
US Dollar term loan |  | April 2030 |  | US dollar |  | SOFR+ Credit Adj +1,65% | ​ | 982 | ​ | 17 439 | ​ | — | ​ | 17 439 |  | 17 874 | ​
US Dollar Bond² | ​ | March 2031 | ​ | US dollar | ​ | 5,50% | ​ | 850 | ​ | 15 088 | ​ | — | ​ | 15 088 | ​ | 15 464 | ​
Other Sasol businesses |  |  |  |  |  | ​ | ​ |  |  |  |  |  | ​ |  |  |  | ​
Specific project asset finance |  |  |  |  |  | ​ | ​ |  |  |  |  |  | ​ |  |  |  | ​
Energy – Clean Fuels II (Natref) |  | Various |  | Rand |  | Various | ​ | 1 266 |  | 1 266 |  | — | ​ | 1 266 |  | 966 | ​
Other |  | ​ |  | Various | ​ | Various | ​ | — |  | — |  | — | ​ | 707 |  | 909 | ​
​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 44 410 | ​ | 103 723 |  | 118 784 | ​
Available cash excluding restricted cash |  | ​ |  |  |  | ​ | ​ |  |  |  |  | 38 422 | ​ |  |  | ​ | ​
Total funds available for use |  | ​ |  |  |  | ​ | ​ |  |  |  |  | 82 832 | ​ |  |  | ​ | ​
Accrued interest |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | 1 505 |  | 1 551 | ​
Unamortised loan cost |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | (392) |  | (528) | ​
Cumulative fair value gains and foreign exchange movements on convertible bond and embedded derivative financial liability | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (1 517) | ​ | (2 030) | ​
Total debt including accrued interest and unamortised loan cost |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | 103 319 |  | 117 777 | ​
Comprising |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ |  |  |  | ​
Long-term debt* |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | 88 554 |  | 103 871 | ​
Short-term debt* |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | 14 757 |  | 13 726 | ​
Short-term debt |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | 666 |  | 566 | ​
Short-term portion of long-term debt |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | 14 091 |  | 13 160 | ​
Bank overdraft |  | ​ |  |  |  | ​ | ​ |  |  |  |  | ​ | ​ | 1 |  | 121 | ​
Convertible bond derivative financial liability | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 7 | ​ | 59 | ​
​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 103 319 | ​ | 117 777 | ​
| * | Prior year numbers have been reclassified on adoption of the amendments to IAS 1, refer to note 1.
**Interest rate only available when funds are utilised.
| 1 | In October 2024 US$0,3 billion (R 5,4 billion) was repaid on the RCF and another US$0,4 billion (R 7,1 billion) was repaid in June 2025.
| 2 | Included in this amount is the US$3,25 billion (R 57,7 billion) bonds with fixed interest rates of between 4,38% and 8,75% which are listed and is recognised in Sasol Financing USA LLC (SFUSA), a 100% owned subsidiary of the Group. Sasol Limited has fully and unconditionally guaranteed the bonds. There are no restrictions on the ability of Sasol Limited to obtain funds from the finance subsidiary, SFUSA, by dividend or loan.
| 3 | The convertible bond have a principal amount of US$750 million and contain conversion rights exercisable by the bond holders at any time before maturity of the bond on 8 November 2027. The convertible bond pay a coupon of 4,5% per annum, payable semi-annually in arrears and in equal instalments on 8 May and 8 November of each year. The convertible bond can be settled in cash, Sasol ordinary shares, or any combination thereof at the election of Sasol. The conversion price (initially set at US$20,39) is subject to standard market anti-dilution adjustments, including, among other things, dividends paid by Sasol. The conversion price at 30 June 2025 was US$18,79 (30 June 2024: US$18,79).

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