Finance Costs (Tables)

12 Months Ended

Jun. 30, 2019

Analysis of income and expense [abstract]

Disclosure of Finance Costs

	SA rand
Figures in million	2019		2018		2017
Financial liabilities
Borrowings	402		227		110
Other creditors and liabilities	2		1		—
Total finance costs from financial liabilities	404		228		110
Non-financial liabilities
Post-retirement benefits	17		18		16
Time value of money component of silicosis provision	79		76		—
Time value of money and inflation component of rehabilitation costs	208		191		173
Total finance costs from non-financial liabilities	304		285		189
Total finance costs before interest capitalised	708		513		299
Interest capitalised (a)	(133	)	(183	)	(65	)
Total finance costs	575		330		234

(a) The capitalisation rate used to determine capitalised borrowing costs is:

	2019		2018		2017
	%		%		%
Capitalisation rate	10.4	%	10.5	%	4.2	%

The change in the rate from 2017 to 2018 is due to the effect of the foreign exchange translation loss in 2018 compared with a gain of 2017 on the calculation of the rate.