FINANCE EXPENSE

12 Months Ended

Jun. 30, 2022

Finance expense [abstract]

FINANCE EXPENSE

7 FINANCE EXPENSE

ACCOUNTING POLICY

Finance expenses comprise interest payable on financial instruments measured at amortised cost calculated using the effective

interest method, unwinding of the provision for environmental rehabilitation, interest on lease liabilities, the discount recognised on

Payments made under protest and foreign exchange losses.

Amounts in R million

Note

2022

2021

2020

Interest on financial liabilities measured at amortised cost

(2.6)

(2.3)

(2.0)

Unwinding of provision for environmental rehabilitation

11

(45.0)

(44.7)

(52.0)

Discount recognised on Payments made under protest

24

(21.1)

(7.4)

(7.1)

Interest on lease liabilities

10.2

(4.2)

(4.5)

(5.1)

Unrealised foreign exchange loss

-

(8.4)

-

Other finance expenses

(1.9)

(2.2)

(2.6)

(74.8)

(69.5)

(68.8)