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Borrowings (Tables)
 12 Months Ended
Jun. 30, 2022
Borrowings [Abstract]  
Summary Of Short-Term Credit Facilities

 

 

 

 

 

 

RMB

 

RMB

 

RMB

 

Nedbank

 

 

 

 

 

 

 

 

 

Facility E

 

Indirect

 

Connect

 

Facilities

 

Total

 

Short-term facilities available as of June 30, 2022

$

85,941

 

$

8,287

 

$

15,221

 

$

9,610

 

$

119,059

 

 

Overdraft

 

-

 

 

-

 

 

15,221

 

 

-

 

 

15,221

 

 

Overdraft restricted as to use for ATM funding only

 

85,941

 

 

-

 

 

-

 

 

-

 

 

85,941

 

 

Indirect and derivative facilities

 

-

 

 

8,287

 

 

-

 

 

9,610

 

 

17,897

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Movement in utilized overdraft facilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2020

 

14,756

 

 

-

 

 

-

 

 

58

 

 

14,814

 

 

Utilized

 

340,655

 

 

-

 

 

-

 

 

19,428

 

 

360,083

 

 

Repaid

 

(346,187)

 

 

-

 

 

-

 

 

(19,253)

 

 

(365,440)

 

 

Foreign currency adjustment(1)

 

5,021

 

 

-

 

 

-

 

 

(233)

 

 

4,788

 

 

 

Balance as of June 30, 2021(2)

 

14,245

 

 

-

 

 

-

 

 

-

 

 

14,245

 

 

 

 

Restricted as to use for ATM funding only

 

14,245

 

 

-

 

 

-

 

 

-

 

 

14,245

 

 

 

 

No restrictions as to use

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

 

 

 

Facilities acquired in transaction

 

-

 

 

-

 

 

16,903

 

 

-

 

 

16,903

 

 

 

 

 

Utilized

 

563,588

 

 

-

 

 

5,929

 

 

1,345

 

 

570,862

 

 

 

 

 

Repaid

 

(517,948)

 

 

-

 

 

(6,189)

 

 

(1,322)

 

 

(525,459)

 

 

 

 

 

Foreign currency adjustment(1)

 

(8,547)

 

 

-

 

 

(1,763)

 

 

(23)

 

 

(10,333)

 

 

Balance as of June 30, 2022

 

51,338

 

 

-

 

 

14,880

 

 

-

 

 

66,218

 

 

 

 

Restricted as to use for ATM funding only

 

51,338

 

 

-

 

 

-

 

 

-

 

 

51,338

 

 

 

 

No restrictions as to use

 

-

 

 

-

 

 

14,880

 

 

-

 

 

14,880

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate as of June 30, 2022 (%)(3)

 

8.2500

 

 

 

 

 

8.2500

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Movement in utilized indirect and derivative facilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2020

 

-

 

 

-

 

 

-

 

 

5,398

 

 

5,398

 

 

 

Utilized

 

-

 

 

-

 

 

-

 

 

4,009

 

 

4,009

 

 

 

Foreign currency adjustment(1)

 

-

 

 

-

 

 

-

 

 

1,540

 

 

1,540

 

 

Balance as of June 30, 2021

 

-

 

 

-

 

 

-

 

 

10,947

 

 

10,947

 

 

 

Guarantees cancelled

 

-

 

 

-

 

 

-

 

 

(4,240)

 

 

(4,240)

 

 

 

Utilized

 

-

 

 

336

 

 

-

 

 

-

 

 

336

 

 

 

Foreign currency adjustment(1)

 

-

 

 

(23)

 

 

-

 

 

(1,053)

 

 

(1,076)

 

 

Balance as of June 30, 2022

$

-

 

$

313

 

$

-

 

$

5,654

 

$

5,967

(1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

(2) As of June 30, 2021, there was $0.2 million offset against the Nedbank overdraft facilities.

(3) Facility E and Connect facility interest set at prime, Nedbank interest rate set at prime less 1.15%.
Summary Of Long-Term Borrowings

 

 

 

 

 

Facilities

 

 

 

 

 

 

 

 

G & H

 

A&B

 

K2020

 

Asset backed

 

Total

 

Included in current

$

-

 

$

-

 

$

-

 

$

-

 

$

-

 

Included in long-term

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

Opening balance as of June 30, 2021

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

Facilities utilized

 

77,069

 

 

-

 

 

472

 

 

1,310

 

 

78,851

 

 

Facilities acquired in transaction

 

-

 

 

72,318

 

 

9,772

 

 

4,870

 

 

86,960

 

 

Facilities repaid

 

(4,492)

 

 

-

 

 

(933)

 

 

(156)

 

 

(5,581)

 

 

Non-refundable fees paid

 

(1,307)

 

 

-

 

 

-

 

 

-

 

 

(1,307)

 

 

Non-refundable fees amortized

 

196

 

 

18

 

 

37

 

 

-

 

 

251

 

 

Foreign currency adjustment(1)

 

(8,112)

 

 

(7,864)

 

 

(1,002)

 

 

(550)

 

 

(17,528)

 

 

 

Closing balance as of June 30, 2022

 

63,354

 

 

64,472

 

 

8,346

 

 

5,474

 

 

141,646

 

 

 

Included in current

 

-

 

 

4,604

 

 

-

 

 

2,200

 

 

6,804

 

 

 

Included in long-term

 

63,354

 

 

59,868

 

 

8,346

 

 

3,274

 

 

134,842

 

 

 

 

Unamortized fees

 

(976)

 

 

(322)

 

 

35

 

 

-

 

 

(1,263)

 

 

 

 

Due within 2 years

 

64,330

 

 

4,603

 

 

8,311

 

 

2,338

 

 

79,582

 

 

 

 

Due within 3 years

 

-

 

 

6,139

 

 

-

 

 

907

 

 

7,046

 

 

 

 

Due within 4 years

 

-

 

 

9,975

 

 

-

 

 

29

 

 

10,004

 

 

 

 

Due within 5 years

$

-

 

$

39,473

 

$

-

 

$

-

 

$

39,473

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rates as of June 30, 2022 (%):

 

7.0 - 8.0

 

 

8.75

 

 

8.75

 

 

9.00

 

 

 

 

 

Base rate (%)

 

5.00

 

 

5.00

 

 

5.00

 

 

8.25

 

 

 

 

 

Margin (%)

 

Varies

 

 

3.75

 

 

1.25

 

 

0.75

 

 

 

 

Footnote number

 

(2)(3)

 

 

(4)

 

 

(5)

 

 

(6)

 

 

 

(1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

(2) Interest on Facility G is calculated based on the 3-month JIBAR in effect from time to time plus a margin of (i) 3.00% per annum until January 13, 2023; and then (ii) from January 14, 2023, (x) 2.50% per annum if the Facility G balance outstanding is less than or equal to ZAR 250.0 million, or (y) 3.00% per annum if the Facility G balance is between ZAR 250.0 million to ZAR 450.0 million, or (z) 3.50% per annum if the Facility G balance is greater than ZAR 450.0 million. The interest rate shall increase by a further 2.00% per annum in the event of default (as defined in the Loan Documents).

(3) Interest on Facility H is calculated based on JIBAR in effect from time to time plus a margin of 2.00% per annum which increases by a further 2.00% per annum in the event of default (as defined in the Loan Documents).

(4) Interest on Facility A and Facility B is calculated based on JIBAR plus a margin, of approximately 3.75%, in effect from time to time.

(5) Interest is charged at prime plus 1.25% per annum on the utilized balance.

(6) Interest is charged at prime plus 1.00% per annum on the utilized balance.