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Property, plant and equipment (Tables)
12 Months Ended
Jun. 30, 2023
Property, plant and equipment  
Schedule of detailed information about property, plant and equipment

  

  

    

Building 

    

Plant,

    

    

Assets

 

and

equipment

Mineral 

under

Land

improvements 

and vehicles

assets

construction*

Total

for the year ended 30 June

 Rm

Rm

Rm

Rm

Rm

    

 Rm

Carrying amount at 30 June 2022

 

4 010

 

11 121

 

150 575

 

24 980

 

30 622

221 308

Additions

 

89

 

32

 

807

 

62

 

29 953

30 943

to sustain existing operations

 

89

 

32

 

732

 

62

 

23 549

24 464

to expand operations

 

 

 

75

 

 

6 404

6 479

Reduction in rehabilitation provisions capitalised (note 30)

 

 

 

(265)

 

(14)

 

(365)

(644)

Finance costs capitalised

1 074

1 074

Assets capitalised or reclassified

 

(33)

 

498

 

23 502

 

4 518

 

(28 697)

(212)

Reclassification to held for sale

 

(8)

 

(10)

 

(7)

 

 

(25)

Translation of foreign operations

 

577

 

1 298

 

18 817

 

 

534

21 226

Disposals and scrapping

 

(9)

 

(41)

 

(432)

 

(45)

 

(1 004)

(1 531)

Current year depreciation charge

 

 

(556)

 

(10 631)

 

(2 633)

 

(13 820)

Net impairment of property, plant and equipment (note 8)**

 

(34)

 

(1 084)

 

(13 190)

 

(12 859)

 

(5 680)

(32 847)

Carrying amount at 30 June 2023

 

4 592

 

11 258

 

169 176

 

14 009

 

26 437

225 472

*Includes intangible assets under construction.

**The reversal of impairment of the Tetramerization CGU relates predominantly to Plant, equipment and vehicles.

  

    

Building 

    

Plant,

    

    

Assets

 

  

and

equipment

Mineral 

under

Land

improvements 

and vehicles

assets

construction*

Total

for the year ended 30 June

Rm

Rm

Rm

Rm

Rm

    

Rm

Carrying amount at 30 June 2021

3 871

11 554

128 986

27 476

26 134

198 021

Additions

20

80

701

58

21 754

22 613

to sustain existing operations

20

75

671

58

20 091

20 915

to expand operations

5

30

1 663

1 698

Reduction in rehabilitation provisions capitalised (note 30)

(33)

(56)

(395)

(484)

Finance costs capitalised

740

740

Assets capitalised or reclassified

(170)

(445)

17 482

88

(17 203)

(248)

Reclassification to held for sale

(51)

(22)

(340)

(59)

(472)

Translation of foreign operations

407

908

13 527

195

15 037

Disposals and scrapping

(10)

(533)

(2 565)

(87)

(607)

(3 802)

Current year depreciation charge

(434)

(8 599)

(2 499)

(11 532)

Net impairment of property, plant and equipment (note 8)

(57)

13

1 416

63

1 435

Carrying amount at 30 June 2022

4 010

11 121

150 575

24 980

30 622

221 308

*

Includes intangible assets under construction.

    

    

Building

    

Plant,

    

    

Assets

    

and

equipment

Mineral

under

 

Land

 

improvements

 

and vehicles

 

assets

 

construction

Total

for the year ended 30 June

 

Rm

 

Rm

 

Rm

 

Rm

 

Rm

Rm

2023

Cost

 

5 023

 

24 252

 

399 595

 

53 259

 

26 437

508 566

Accumulated depreciation and impairment

 

(431)

 

(12 994)

 

(230 419)

 

(39 250)

 

(283 094)

 

4 592

 

11 258

 

169 176

 

14 009

 

26 437

225 472

2022

Cost

 

4 357

 

21 466

 

356 420

 

49 388

 

30 622

462 253

Accumulated depreciation and impairment

 

(347)

 

(10 345)

 

(205 845)

 

(24 408)

 

(240 945)

 

4 010

 

11 121

 

150 575

 

24 980

 

30 622

221 308

2021

 

  

 

  

 

  

 

  

 

Cost

 

4 145

 

20 462

 

334 432

 

47 606

 

26 134

432 779

Accumulated depreciation and impairment

 

(274)

 

(8 908)

 

(205 446)

 

(20 130)

 

(234 758)

 

3 871

 

11 554

 

128 986

 

27 476

 

26 134

198 021

    

2023

    

2022

    

2021

for the year ended 30 June

Rm

Rm

Rm

 

Additions to property, plant and equipment (cash flow)

Current year additions

30 943

 

22 613

 

16 022

Adjustments for non-cash items

(217)

 

(20)

 

(77)

movement in environmental provisions capitalised

(50)

 

(20)

 

(77)

reduction in Area A5-A receivable (refer note 8)

(167)

Per the statement of cash flows

30 726

 

22 593

 

15 945

Schedule of capital commitments (excluding equity accounted investments)

    

2023

    

2022

  

for the year ended 30 June

Rm

Rm

Capital commitments (excluding equity accounted investments)

Capital commitments, excluding capitalised interest, include all projects for which specific board approval has been obtained. Projects still under investigation for which specific board approvals have not yet been obtained are excluded from the following:

 

  

 

  

 

Authorised and contracted for

 

47 596

 

41 892

 

Authorised but not yet contracted for

 

34 246

 

35 830

 

Less expenditure to the end of year

 

(34 277)

 

(32 438)

 

 

47 565

 

45 284

to sustain existing operations

 

35 749

 

30 805

 

to expand operations

 

11 816

 

14 479

 

Estimated expenditure

 

  

 

 

Within one year

 

30 941

 

27 719

 

One to five years

 

16 624

 

17 565

 

 

47 565

 

45 284

Significant capital commitments and expenditure at 30 June comprise mainly of:

Capital commitments

Capital expenditure

    

    

    

2023

2022

    

2023

2022

Project

Project location 

Business segment

Rm

Rm

Rm

Rm

Projects to sustain operations

Shutdown and major statutory maintenance

Various

Various

8 875

7 963

7 785

6 082

Environmental projects

Various

 

Various

 

6 497

3 449

 

2 295

1 520

Clean fuels II

 

Various

 

Fuels

 

3 134

2 632

 

1 284

893

Projects to expand operations

Environmental projects

South Africa

Fuels

640

389

Mozambique exploration and development

 

Mozambique

 

Gas

 

10 544

11 448

 

5 465

1 377

Schedule of depreciation and amortisation expense

    

    

 

Buildings and improvements

1 - 17%, units of production over life of related reserve base

 

Retail convenience centres (included in buildings and improvements)

3 – 5

%

Plant

2 – 50

%

Equipment

 

3 – 91

%

Vehicles

 

5 – 33

%

Mineral assets

 

Units of production over life of related reserve base

Life-of-mine coal assets (included in mineral assets)

 

Units of production over life of related reserve base