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Borrowings (Tables)
 6 Months Ended
Dec. 31, 2022
Borrowings [Abstract]  
Summary Of Short-Term Credit Facilities

 

 

 

 

 

 

RMB

 

RMB

 

RMB

 

Nedbank

 

 

 

 

 

 

 

 

 

Facility E

 

Indirect

 

Connect

 

Facilities

 

Total

 

Short-term facilities available as of December 31, 2022

$

82,251

 

$

7,931

 

$

12,044

 

$

9,198

 

$

111,424

 

 

Overdraft

 

-

 

 

-

 

 

12,044

 

 

-

 

 

12,044

 

 

Overdraft restricted as to use for ATM funding only

 

82,251

 

 

-

 

 

-

 

 

-

 

 

82,251

 

 

Indirect and derivative facilities

 

-

 

 

7,931

 

 

-

 

 

9,198

 

 

17,129

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Movement in utilized overdraft facilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted as to use for ATM funding only

 

51,338

 

 

-

 

 

-

 

 

-

 

 

51,338

 

 

No restrictions as to use

 

-

 

 

-

 

 

14,880

 

 

-

 

 

14,880

 

 

 

Balance as of June 30, 2022

 

51,338

 

 

-

 

 

14,880

 

 

-

 

 

66,218

 

 

 

 

Utilized

 

312,721

 

 

-

 

 

571

 

 

-

 

 

313,292

 

 

 

 

Repaid

 

(308,064)

 

 

-

 

 

(4,238)

 

 

-

 

 

(312,302)

 

 

 

 

Foreign currency adjustment(1)

 

(1,745)

 

 

-

 

 

(638)

 

 

-

 

 

(2,383)

 

 

Balance as of December 31, 2022

 

54,250

 

 

-

 

 

10,575

 

 

-

 

 

64,825

 

 

 

 

Restricted as to use for ATM funding only

 

54,250

 

 

-

 

 

-

 

 

-

 

 

54,250

 

 

 

 

No restrictions as to use

$

-

 

$

-

 

$

10,575

 

$

-

 

$

10,575

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate as of December 31, 2022 (%)(2)

 

10.50

 

 

 

 

 

10.40

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Movement in utilized indirect and derivative facilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2022

$

-

 

$

313

 

$

-

 

$

5,654

 

$

5,967

 

 

 

Guarantees cancelled

 

-

 

 

-

 

 

-

 

 

(5,218)

 

 

(5,218)

 

 

 

Utilized

 

-

 

 

1,623

 

 

-

 

 

-

 

 

1,623

 

 

 

Foreign currency adjustment(1)

 

-

 

 

9

 

 

-

 

 

(312)

 

 

(303)

 

 

Balance as of December 31, 2022

$

-

 

$

1,945

 

$

-

 

$

124

 

$

2,069

(1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.(2) Facility E interest set at prime and the Connect facility at prime less 0.10%.
Summary Of Long-Term Borrowings

 

 

 

 

 

Facilities

 

 

 

 

 

 

 

 

G & H

 

A&B

 

K2020

 

Asset backed

 

Total

 

Included in current

$

-

 

$

4,604

 

$

-

 

$

2,200

 

$

6,804

 

Included in long-term

 

63,354

 

 

59,868

 

 

8,346

 

 

3,274

 

 

134,842

 

Opening balance as of June 30, 2022

 

63,354

 

 

64,472

 

 

8,346

 

 

5,474

 

 

141,646

 

 

Facilities utilized

 

-

 

 

-

 

 

7,377

 

 

2,765

 

 

10,142

 

 

Facilities repaid

 

-

 

 

(2,151)

 

 

-

 

 

(1,117)

 

 

(3,268)

 

 

Non-refundable fees paid

 

-

 

 

-

 

 

(100)

 

 

-

 

 

(100)

 

 

Non-refundable fees amortized

 

393

 

 

31

 

 

20

 

 

-

 

 

444

 

 

Foreign currency adjustment(1)

 

(2,713)

 

 

(2,818)

 

 

(257)

 

 

(211)

 

 

(5,999)

 

 

 

Closing balance as of December 31, 2022

 

61,034

 

 

59,534

 

 

15,386

 

 

6,911

 

 

142,865

 

 

 

Included in current

 

-

 

 

4,406

 

 

-

 

 

3,019

 

 

7,425

 

 

 

Included in long-term

 

61,034

 

 

55,128

 

 

15,386

 

 

3,892

 

 

135,440

 

 

 

 

Unamortized fees

 

(535)

 

 

(276)

 

 

(97)

 

 

-

 

 

(908)

 

 

 

 

Due within 2 years

 

-

 

 

5,141

 

 

15,483

 

 

2,464

 

 

23,088

 

 

 

 

Due within 3 years

 

61,569

 

 

6,609

 

 

-

 

 

1,360

 

 

69,538

 

 

 

 

Due within 4 years

 

-

 

 

5,876

 

 

-

 

 

68

 

 

5,944

 

 

 

 

Due within 5 years

$

-

 

$

37,778

 

$

-

 

$

-

 

$

37,778

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rates as of December 31, 2022 (%):

 

9.3 - 10.3

 

 

11.01

 

 

11.45

 

 

11.25

 

 

 

 

 

Base rate (%)

 

7.26

 

 

7.26

 

 

10.50

 

 

10.50

 

 

 

 

 

Margin (%)

 

Varies

 

 

3.75

 

 

0.95

 

 

0.75

 

 

 

 

Footnote number

 

(2)(3)

 

 

(4)

 

 

(5)

 

 

(6)

 

 

 

(1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

(2) Interest on Facility G is calculated based on the 3-month JIBAR in effect from time to time plus a margin of (i) 3.00% per annum until January 13, 2023; and then (ii) from January 14, 2023, (x) 2.50% per annum if the Facility G balance outstanding is less than or equal to ZAR 250.0 million, or (y) 3.00% per annum if the Facility G balance is between ZAR 250.0 million to ZAR 450.0 million, or (z) 3.50% per annum if the Facility G balance is greater than ZAR 450.0 million. The interest rate shall increase by a further 2.00% per annum in the event of default (as defined in the Loan Documents).

(3) Interest on Facility H is calculated based on JIBAR in effect from time to time plus a margin of 2.00% per annum which increases by a further 2.00% per annum in the event of default (as defined in the Loan Documents).

(4) Interest on Facility A and Facility B is calculated based on JIBAR plus a margin, of 3.75%, in effect from time to time.

(5) Interest is charged at prime plus 1.25% per annum on the utilized balance.

(6) Interest is charged at prime plus 1.00% per annum on the utilized balance.