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OCCUPATIONAL HEALTHCARE OBLIGATION (Tables)
12 Months Ended
Dec. 31, 2019
OCCUPATIONAL HEALTHCARE OBLIGATION  
Schedule of estimated costs and discounted using a risk-free rate

 

 

 

 

 

Figures in million - SA rand

Note

2019
2018
2017

Balance at beginning of the year

 

1,274.1

1,153.3

 -

Occupational healthcare obligation recognised

 

 -

 -

1,077.2

Interest charge

5

115.5

105.4

46.4

Change in estimate charge to profit or loss

 

(39.6)

15.4

29.7

Payments made

 

(67.9)

 -

 -

Balance at the end of the year

 

1,282.1

1,274.1

1,153.3

Reconciliation of the non-current and current portion of the occupational healthcare obligation:

 

 

 

Occupational healthcare obligation

 

1,282.1

1,274.1

1,153.3

Current portion of occupational healthcare obligation

 

(148.7)

(109.9)

(0.8)

Non-current portion of occupational healthcare obligation

 

1,133.4

1,164.2

1,152.5