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FINANCE EXPENSE
12 Months Ended
Jun. 30, 2018
Disclosure of finance expense [abstract]  
Disclosure Of Expenses Explanatory

7

FINANCE EXPENSE

ACCOUNTING POLICY

Finance expenses comprise interest payable on financial instruments measured at amortised cost calculated using the effective interest method, unwinding of the provision for environmental rehabilitation, interest on finance leases and the fair value adjustment on the initial recognition of the long-term receivable.

Amounts in R millionNote20182017
Unwinding of provision for environmental rehabilitation10, 23(45.6)(46.5)
Fair value adjustment on initial recognition of long-term receivable24.2(8.8)-
Other finance expenses(4.0)(5.7)
(58.4)(52.2)