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INCOME TAX (Tables) | 12 Months Ended
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Jun. 30, 2023
Major components of tax expense (income) [abstract] |
Components of tax expense or income including tax reconciliation and unrecognised tax |
| Amounts in R million | 2023 | 2022 | 2021
| Current tax | (286.3) |  | (261.6) |  | (423.7) |
| Mining tax | (253.0) |  | (250.2) |  | (423.7) |
| Non-Mining, company and capital gains tax | (33.3) |  | (11.4) | —
| Deferred tax | (118.7) |  | (72.7) |  | (100.0) |
| Deferred tax charge - Mining tax | (121.6) |  | (119.9) |  | (104.0) |
| Deferred tax charge - Non-mining, company and capital gains tax | 2.9 | 1.6 |  | (19.1) |
| Deferred tax rate adjustment | — | 45.6 | —
| Recognition of previously unrecognised income losses | — | 0.4 | 7.8
| Recognition of previously unrecognised capital losses | — | — |  | (1.2) |
| Recognition of previously unrecognised temporary differences | — |  | (0.4) | 16.5
|  | (405.0) |  | (334.3) |  | (523.7) |
| Tax reconciliation |  |  |
| Major items causing the Group's income tax expense to differ from the statutory rate were: |  |  |
| Tax on net profit before tax at the South African corporate tax rate of 27% (2022 and 2021: 28%) | (455.3) |  | (408.3) |  | (549.9) |
| Rate adjustment to reflect the actual realised company tax rates applying the gold mining formula | 47.6 | 36.4 | 3.7
| Deferred tax rate adjustment (a) | — |  | 45.6 | —
| Depreciation of property, plant and equipment exempt from deferred tax on initial recognition (b) | (16.3) | (22.2) | (21.2)
| Non-deductible expenses (c) | (7.0) |  | (7.3) |  | (6.2) |
| Exempt income and other non-taxable income (d) | 21.8 | 19.0 | 22.8
| (Derecognition of previously recognised)/Recognition of previously unrecognised deductible temporary differences | — | (0.4) | 16.5
| (Derecognition of previously recognised)/Recognition of previously unrecognised tax losses of a capital nature | — | — |  | (1.2) |
| Utilisation of tax losses for which deferred tax assets were previously unrecognised | — |  | 0.4 |  | 7.8 |
| Over provided in prior periods | 2.0 |  | — |  | — |
| Current year losses for which no deferred tax asset was recognised | 0.4 |  | (1.4) |  | (0.1) |
| Other | (0.1) |  | 3.6 |  | 3.3 |
| Tax incentives | 1.9 |  | 0.3 |  | 0.8 |
| Income tax |  |  |
| Income tax | (405.0) |  | (334.3) |  | (523.7) |
Deferred tax assets and liabilities |
| Amounts in R million | 2023 | 2022
| Included in the statement of financial position as follows: |  |
| Deferred tax assets | 32.8 | 14.5
| Deferred tax liabilities | (560.7) |  | (451.9) |
| Net deferred tax liabilities | (527.9) |  | (437.4) |
| Reconciliation of the deferred tax balance: |  |
| Balance at the beginning of the year | (437.4) |  | (371.3) |
| Recognised in profit or loss | (118.7) |  | (72.7) |
| Recognised in other comprehensive income | 0.7 | 6.6 |
| Recognised in equity | 27.5 | — |
| Balance at the end of the year | (527.9) |  | (437.4) |
| The detailed components of the net deferred tax liabilities which result from the differences between the amounts of assets and liabilities recognised for financial reporting and tax purposes are:
| Amounts in R million | 2023 | 2022
| Deferred tax liabilities |  |
| Property, plant and equipment (excluding unredeemed capital allowances) | (659.7) |  | (537.6) |
| Environmental rehabilitation obligation and other funds | (76.3) |  | (63.3) |
| Other investments | (0.6) |  | (0.9) |
| Gross deferred tax liabilities | (736.6) |  | (601.8) |
| Deferred tax assets |  |
| Environmental rehabilitation obligation | 113.9 | 105.6
| Other provisions 1 | 81.0 | 49.3
| Other temporary differences 2 | 9.0 | 4.6
| Estimated tax losses | 4.8 | 4.1
| Estimated unredeemed capital allowances | — | 0.8
| Gross deferred tax assets | 208.7 | 164.4
| Net deferred tax liabilities | (527.9) |  | (437.4) |
| 1 Includes the temporary differences on the equity settled share-based payment |  |
| 2 Includes the temporary differences on the lease liability |  |
| Deferred tax assets have not been recognised in respect of the following:
| Amounts in R million | 2023 | 2022
| Estimated tax losses | 17.2 | 18.1
| Estimated tax losses - Capital nature | 313.6 | 313.6
| Unredeemed capital expenditure | 252.0 | 252.0
| Deferred tax assets for tax losses, unredeemed capital expenditure and capital losses have not been recognised where future taxable profits against which these can be utilised are not anticipated. These do not have an expiry date. A maximum of R1 million or 80% of assessed losses (whichever is greater) is permitted to be set-off per year against taxable income from fiscal year 2023 onwards.

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- Definition Components of Income tax. + References No definition available. + Details
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