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RIGHT OF USE ASSETS AND LEASES (Tables)
 12 Months Ended
Jun. 30, 2021
Right of use assets and leases [abstract]  
Right of use assets
Amounts in R million
Note
Mine plant
facilities and
equipment
Mine property
and
development
Total
June 30, 2021
Cost
26.8
47.3
74.1
Opening balance
11.1
45.0
56.1
Additions
16.7
-
16.7
Lease modifications
-
2.3
2.3
Lease derecognitions
(1.0)
-
(1.0)
Accumulated depreciation
(6.2)
(18.8)
(25.0)
Opening balance
(2.9)
(8.3)
(11.2)
Depreciation
(4.3)
(10.5)
(14.8)
Lease derecognitions
1.0
-
1.0
Carrying value
20.6
28.5
49.1
June 30, 2020
Cost
11.1
45.0
56.1
Impact of adopting IFRS 16 on July 1, 2019
Right-of-use assets recognised on July 1, 2019
7.5
23.4
30.9
Transfers and other movements
 
1
26.5
-
26.5
Additions
3.8
14.2
18.0
Lease modifications
-
7.5
7.5
Lease derecognitions
(26.7)
(0.1)
(26.8)
Accumulated depreciation
(2.9)
(8.3)
(11.2)
Impact of adopting IFRS 16 on July 1, 2019
Transfers and other movements
 
1
(15.9)
-
(15.9)
Depreciation
5.1
(4.9)
(8.3)
(13.2)
Lease derecognitions
17.9
-
17.9
Carrying value
8.2
36.7
44.9
1
 
Relates to contracts previously classified as leases
 
under IAS 17 and presented as property, plant and equipment which
 
the Group has
reassessed as right-of-use assets upon adoption
 
of IFRS 16 as of July 1, 2019
Lease liabilities
Amounts in R million
Note
2021
2020
Reconciliation of the lease liabilities balance:
Balance at the beginning of the year
47.1
11.0
Impact of adopting IFRS 16 on July 1, 2019
9
-
30.9
New leases
9
16.7
18.0
Lease modifications
2.3
7.5
Leases derecognised
-
(8.9)
Interest charge on lease liabilities
7
4.5
5.1
Repayment of lease liabilities
(11.6)
(11.4)
Interest repaid
(4.2)
(5.1)
Balance at the end of the year
54.8
47.1
Current portion of lease liabilities
(16.9)
(10.1)
Non-current lease liabilities
37.9
37.0
Maturity analysis of undiscounted contractual cash flows:
Less than a year
(20.5)
(13.0)
One to five years
(42.0)
(37.0)
More than 5 years
(1.3)
(9.0)
Total
 
undiscounted lease liabilities at the end of the year
(63.8)
(59.0)
Lease payments not recognised as a liability but expensed during the year:
Short-term leases
(1.4)
(2.4)
Leases of low value assets
 
(7.7)
(5.0)
Cash flows included in cash generated from operating activities
(9.1)
(7.4)