Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2019

Disclosure of detailed information about intangible assets [abstract]

Schedule of Intangible Assets

	SA rand
Figures in million	2019	2018*
Goodwill	520	526
Technology-based assets	13	19
Total intangible assets	533	545

^* The goodwill on acquisition of the Moab Khotsong operations was re-presented for the 2018 financial year as a result of the change in the fair value of net identifiable assets acquired amounting to R30 million. Refer to note 12.

Schedule of Reconciliation of Intangible Assets

The movement in goodwill is as follows:

	SA rand
Figures in million	2019	2018*
Cost
Balance at beginning of year	2 675	2 373
Acquisition of Moab Khotsong	—	302
Balance at end of year	2 675	2 675
Accumulated amortisation and impairments
Balance at beginning of year	2 149	1 782
Impairment1	6	367
Balance at end of year	2 155	2 149
Net carrying value	520	526
The net carrying value of goodwill has been allocated to the following cash generating units:
Bambanani	218	224
Moab Khotsong	302	302
Net carrying value	520	526

¹ In 2019 an impairment of R6 million (2018: Rnil) on goodwill was recorded for Bambanani, Rnil (2018: R326 million) for Tshepong Operations and Rnil (2018: R41 million) for Joel as the carrying values exceeded the recoverable values of the related cash generating units. Refer to note 6 for further details on the impairment assessment.

14 INTANGIBLE ASSETS continued

TECHNOLOGY-BASED ASSETS

The movement in technology-based assets is as follows:

	SA rand
Figures in million	2019		2018
Cost
Balance at beginning of year	48		33
Fully depreciated assets no longer in use derecognised	(10	)	—
Transfers and other movements	—		6
Additions	1		9
Balance at end of year	39		48

	SA rand
Figures in million	2019		2018
Accumulated amortisation and impairments
Balance at beginning of year	29		21
Fully depreciated assets no longer in use derecognised	(10	)	—
Amortisation charge	7		8
Balance at end of year	26		29
Net carrying value	13		19