- Definition

The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose the entity’s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]

+ References + Details

FINANCIAL INSTRUMENTS AND RISK MANAGEMENT - Commodity price sensitivity and hedging (Details) R in Millions	Dec. 31, 2019 oz	Dec. 31, 2019 R / oz	Dec. 31, 2019 R / kg	Dec. 31, 2019 ZAR (R)	Oct. 21, 2019 oz	Oct. 21, 2019 kg	Oct. 21, 2019 R / oz	Oct. 21, 2019 R / kg	Apr. 11, 2019 oz	Apr. 11, 2019 kg	Apr. 11, 2019 $ / oz	Dec. 31, 2018 ZAR (R)	Dec. 31, 2017 ZAR (R)
Foreign currency sensitivity analysis
Amount of hedged instrument					67,856	2,111			105,906	3,294
Average Price							17,371	558,491
Contracts amount \| R				R 3,836.2								R 6,317.3	R 5,626.0
Minimum
Foreign currency sensitivity analysis
Average Price \| $ / oz											1,200
Maximum
Foreign currency sensitivity analysis
Average Price \| $ / oz											1,323
Forward contract \| Minimum
Foreign currency sensitivity analysis
Average Price		19,222	618,001
Forward contract \| Maximum
Foreign currency sensitivity analysis
Average Price		21,218	682,174
Forward contract \| Commodity price risk
Foreign currency sensitivity analysis
Amount of hedged instrument \| oz	88,415
Futures contract \| Commodity price risk
Foreign currency sensitivity analysis
Contracts amount \| R				R 0.0								R 0.0	R 0.0