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EMPLOYEE BENEFITS (Tables)
12 Months Ended
Jun. 30, 2018
Employee benefits [Abstract]  
Liability for long term incentives and post retirement benefits

18

EMPLOYEE BENEFITS

Amounts in R millionNote20182017
Non-current employee benefits40.639.0
Liability for long term incentive scheme18.131.930.7
Liability for post-retirement medical benefits*8.78.3
Current employee benefits13.2-
Liability for long term incentive scheme18.113.2-
53.839.0
* Unfunded medical aid benefit plan
Liability for long term incentive scheme
Amounts in R millionNote20182017
Movement in the total liability
Opening balance30.730.3
Increase in long-term incentive liability5.317.210.0
Vested and paid(2.8)(9.6)
Total liability for long-term incentive scheme45.130.7
The total liability for long-term incentive scheme is expected to be settled as follows:45.130.7
Within 12 months after reporting date13.2-
After 12 months after reporting date31.930.7
Ageing of outstanding phantom shares
Ageing of outstanding phantom shares:30 June 201930 June 202030 June 2021Total
Granted November 20154 037 8936 056 84010 094 73420 189 467
Fair value of long term incentive scheme liability
20182017Grant date
7 day VWAP of the DRDGOLD Limited share3.714.232.26
Annualised forward dividend yield1.8%0.7%4.3%
Key management personnel remuneration
Key management personnel remuneration
Amounts in R millionNote201820172016
- Board fees paid5.65.03.7
- Salaries paid53.652.951.5
- Short term incentives relating to this cycle22.5-33.8
- Long term incentives paid during this cycle18.12.89.63.9
- Pre-tax gain on share option exercised--1.7
84.567.594.6
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Reconciliation of outstanding phantom shares
Reconciliation of outstanding phantom shares20182017
WeightedWeighted
averageaverage
SharespriceSharesprice
NumberR per shareNumberR per share
Opening balance21 144 53423 169 191
Vested and paid(955 067)2.93(1 502 747)6.39
Forfeited/lapsed-(521 910)
Closing balance20 189 46721 144 534
Phantom shares [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Reconciliation of outstanding phantom shares
Reconciliation of outstanding phantom shares20182017
WeightedWeighted
averageaverage
SharespriceSharesprice
NumberR per shareNumberR per share
Opening balance21 144 53423 169 191
Vested and paid(955 067)2.93(1 502 747)6.39
Forfeited/lapsed-(521 910)
Closing balance20 189 46721 144 534