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Fair Value Of Financial Instruments (Tables) | 12 Months Ended
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Jun. 30, 2019
Fair Value Of Financial Instruments [Abstract] |
Schedule Of Key Valuation Inputs Used To Measure Fair Value Of Investment In Cell C |
Weighted Average Cost of Capital: | Between 15% and 20% over the period of the forecast |
Long term growth rate: | 4.5 | %
Marketability discount: | 10.0 | %
Minority discount: | 15.0 | %
Net adjusted external debt(1) : | ZAR 13.9 billion ($648.9 million), includes R6.4 billion of leases liabilities |
Deferred tax (incl. assessed tax losses(1) ): | ZAR 2.9 billion ($20.6 million) |
(1) translated from ZAR to U.S. dollars at exchange rates applicable as of June 30, 2019.
Impact Of EBITDA Multiple |
Sensitivity for fair value of Cell C investment |  | 1% increase |  | 1% decrease
WACC rate | $ | - | $ | 9,632
EBITDA margin | $ | 9,875 | $ | -
Fair Value Of Assets And Liabilities Measured On Recurring Basis | The following table presents the Company's assets measured at fair value on a recurring basis as of June 30, 2019, according to the fair value hierarchy:
|  | Quoted price in |  | Significant |  |  |
|  | active markets |  | other | Significant |  |
|  | for identical |  | observable | unobservable |  |
|  | assets |  | inputs | inputs |  |
|  | (Level 1) |  | (Level 2) | (Level 3) |  | Total
Assets |  |  |  |  |  |  |
Investment in Cell C | $ | - | $ | - | $- | $ | -
Related to insurance business: |  |  |  |  |  |  |
Cash and cash equivalents (included in other |  |  |  |  |  |  |
long-term assets) |  | 619 |  | - | - |  | 619
Fixed maturity investments (included in |  |  |  |  |  |  |
cash and cash equivalents) |  | 5,201 |  | - | - |  | 5,201
Other |  | - |  | 413 | - |  | 413
Total assets at fair value | $ | 5,820 | $ | 413 | $- | $ | 6,233
The following table presents the Company's assets and liabilities measured at fair value on a recurring basis as of June 30, 2018, according to the fair value hierarchy:
|  | Quoted price in |  | Significant |  |  |  |
|  | active markets |  | other |  | Significant |  |
|  | for identical |  | observable |  | unobservable |  |
|  | assets |  | inputs |  | inputs |  |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total
Assets |  |  |  |  |  |  |  |
Investment in Cell C | $ | - | $ | - | $ | 172,948 | $ | 172,948
Related to insurance business: |  |  |  |  |  |  |  |
Cash and cash equivalents (included in other |  |  |  |  |  |  |  |
long-term assets) |  | 610 |  | - |  | - |  | 610
Fixed maturity investments (included in |  |  |  |  |  |  |  |
cash and cash equivalents) |  | 8,304 |  | - |  | - |  | 8,304
Other |  | - |  | 18 |  | - |  | 18
Total assets at fair value | $ | 8,914 | $ | 18 | $ | 172,948 | $ | 181,880
Liabilities |  |  |  |  |  |  |  |
DNI contingent consideration (Note 3) | $ | - | $ | - | $ | 27,222 | $ | 27,222
Total liabilities at fair value | $ | - | $ | - | $ | 27,222 | $ | 27,222
Carrying Value Of Assets And Liabilities Measured On Recurring Basis |
|  | Carrying value |
Assets |  |  |
Balance as at June 30, 2018 | $ | 172,948 |
Loss on fair value re-measurements |  | (167,459 | )
Foreign currency adjustment(1) |  | (5,489 | )
Balance as of June 30, 2019 | $ | - |
Liabilities |  |  |
Balance as at June 30, 2018 | $ | 27,222 |
Accretion of interest |  | 1,848 |
Settlement of contingent consideration (Note 3 and Note 20) |  | (27,626 | )
Foreign currency adjustment(1) |  | (1,444 | )
Balance as of June 30, 2019 | $ | - |
(1) The foreign currency adjustment represents the effects of the fluctuations of the South African rand and the U.S. dollar on the carrying value.
|  | Carrying value |
Assets |  |  |
Acquisition of investment in Cell C | $ | 151,003 |
Change in fair value of Cell C |  | 32,473 |
Foreign currency adjustment |  | (10,528 | )
Balance as of June 30, 2018 | $ | 172,948 |

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