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Borrowings (Tables)
 3 Months Ended
Sep. 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 September 30, 2022

$

77,723

 

$

7,495

 

$

13,766

 

$

8,691

 

$

107,675

 

 

Overdraft

 

-

 

 

-

 

 

13,766

 

 

-

 

 

13,766

 

 

Overdraft restricted as to use for ATM funding only

 

77,723

 

 

-

 

 

-

 

 

-

 

 

77,723

 

 

Indirect and derivative facilities

 

-

 

 

7,495

 

 

-

 

 

8,691

 

 

16,186

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Movement in utilized overdraft facilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted as to use for ATM funding only

 

51,338

 

 

-

 

 

-

 

 

-

 

 

51,338

 

 

No restrictions as to use

 

-

 

 

-

 

 

14,880

 

 

-

 

 

14,880

 

 

 

Balance as of June 30, 2022

 

51,338

 

 

-

 

 

14,880

 

 

-

 

 

66,218

 

 

 

 

Utilized

 

145,497

 

 

-

 

 

571

 

 

-

 

 

146,068

 

 

 

 

Repaid

 

(134,130)

 

 

-

 

 

(2,792)

 

 

-

 

 

(136,922)

 

 

 

 

Foreign currency adjustment(1)

 

(4,754)

 

 

-

 

 

(1,278)

 

 

-

 

 

(6,032)

 

 

Balance as of September 30, 2022

 

57,951

 

 

-

 

 

11,381

 

 

-

 

 

69,332

 

 

 

 

Restricted as to use for ATM funding only

 

57,951

 

 

-

 

 

-

 

 

-

 

 

57,951

 

 

 

 

No restrictions as to use

$

-

 

$

-

 

$

11,381

 

$

-

 

$

11,381

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate as of September 30, 2022 (%)(2)

 

9.75

 

 

 

 

 

9.65

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Movement in utilized indirect and derivative facilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2022

$

-

 

$

313

 

$

-

 

$

5,654

 

$

5,967

 

 

 

Utilized

 

-

 

 

1,634

 

 

-

 

 

-

 

 

1,634

 

 

 

Foreign currency adjustment(1)

 

-

 

 

(109)

 

 

-

 

 

(540)

 

 

(649)

 

 

Balance as of September 30, 2022

$

-

 

$

1,838

 

$

-

 

$

5,114

 

$

6,952

(1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.(2) Facility E interest set at prime and the Connect facility at prime less 0.10%.
Summary Of Long-Term Borrowings

 

 

 

 

 

Facilities

 

 

 

 

 

 

 

 

G & H

 

A&B

 

K2020

 

Asset backed

 

Total

 

Included in current

$

-

 

$

4,604

 

$

-

 

$

2,200

 

$

6,804

 

Included in long-term

 

63,354

 

 

59,868

 

 

8,346

 

 

3,274

 

 

134,842

 

Opening balance as of June 30, 2022

 

63,354

 

 

64,472

 

 

8,346

 

 

5,474

 

 

141,646

 

 

Facilities utilized

 

-

 

 

-

 

 

476

 

 

583

 

 

1,059

 

 

Facilities repaid

 

-

 

 

(1,067)

 

 

-

 

 

(513)

 

 

(1,580)

 

 

Non-refundable fees paid

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

Non-refundable fees amortized

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

Foreign currency adjustment(1)

 

(5,853)

 

 

(6,123)

 

 

(815)

 

 

(534)

 

 

(13,325)

 

 

 

Closing balance as of September 30, 2022

 

57,501

 

 

57,282

 

 

8,007

 

 

5,010

 

 

127,800

 

 

 

Included in current

 

-

 

 

4,164

 

 

-

 

 

2,201

 

 

6,365

 

 

 

Included in long-term

 

57,501

 

 

53,118

 

 

8,007

 

 

2,809

 

 

121,435

 

 

 

 

Unamortized fees

 

(678)

 

 

(276)

 

 

-

 

 

-

 

 

(954)

 

 

 

 

Due within 2 years

 

58,179

 

 

4,510

 

 

8,007

 

 

1,956

 

 

72,652

 

 

 

 

Due within 3 years

 

-

 

 

5,899

 

 

-

 

 

798

 

 

6,697

 

 

 

 

Due within 4 years

 

-

 

 

7,286

 

 

-

 

 

55

 

 

7,341

 

 

 

 

Due within 5 years

$

-

 

$

35,699

 

$

-

 

$

-

 

$

35,699

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

8.5 - 9.5

 

 

10.22

 

 

11.00

 

 

10.50

 

 

 

 

 

Base rate (%)

 

6.47

 

 

6.47

 

 

9.75

 

 

9.75

 

 

 

 

 

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.