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Fair Value Of Financial Instruments (Tables)
6 Months Ended
Dec. 31, 2023
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 ("WACC"):
Between
20
% and
31
% over the period of the forecast
Long term growth rate:
4.5
% (
4.5
% as of June 30, 2023)
Marketability discount:
20
% (
20
% as of June 30, 2023)
Minority discount:
24
% (
24
% as of June 30, 2023)
Net adjusted external debt - December 31, 2023:
(1)
ZAR
8
 
billion ($
0.4
 
billion), no lease liabilities included
Net adjusted external debt - June 30, 2023:
(2)
ZAR
8.1
 
billion ($
0.4
 
billion), no lease liabilities included
(1) translated from ZAR to U.S. dollars at exchange rates applicable as of December
 
31, 2023.
(2) translated from ZAR to U.S. dollars at exchange rates applicable as of June 30,
 
2023.
Schedule Of Impact On Carrying Value Of Cell C Investment
 
 
 
 
 
 
Sensitivity for fair value of Cell C investment
1.0% increase
1.0% decrease
WACC
 
rate
$
-
$
489
EBITDA margin
$
1,140
$
-
Fair Value Of Assets And Liabilities Measured On Recurring Basis
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quoted Price in
Active Markets
for Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
Assets
Investment in Cell C
$
-
$
-
$
-
$
-
Related to insurance
business:
 
Cash, cash equivalents and
restricted cash (included
in other long-term assets)
 
217
-
-
217
Fixed maturity
investments (included in
cash and cash equivalents)
2,834
-
-
2,834
Total assets at fair value
 
$
3,051
$
-
$
-
$
3,051
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quoted Price in
Active Markets
for Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
Assets
Investment in Cell C
$
-
$
-
$
-
$
-
Related to insurance business
Cash and cash equivalents
(included in other long-term
assets)
258
-
-
258
Fixed maturity investments
(included in cash and cash
equivalents)
3,119
-
-
3,119
Total assets at fair value
 
$
3,377
$
-
$
-
$
3,377
Carrying Value Of Assets And Liabilities Measured On Recurring Basis
 
 
 
 
 
 
 
 
Carrying value
Assets
Balance as of June 30, 2022
$
-
Foreign currency adjustment
(1)
-
Balance as of December 31, 2022
$
-
 
 
 
 
 
 
 
 
 
Carrying value
Assets
Balance as of June 30, 2023
$
-
Foreign currency adjustment
(1)
-
Balance as of December 31, 2023
$
-
(1) The foreign currency adjustment represents the effects of the fluctuations of the
 
South African rand against the U.S. dollar on
the carrying value.
(1) The
 
foreign currency
 
adjustment represents the
 
effects of
 
the fluctuations
 
of the South
 
African rand
 
against the U.S.
 
dollar
on the carrying value.