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Environmental rehabilitation obligation funds (Tables)
12 Months Ended
Dec. 31, 2023
Environmental rehabilitation obligation funds [Abstract]  
Schedule of the environment rehabilitation obligation funds
Figures in million – SA rand
Notes
2023
2022
2021
Balance at beginning of the year
5,306
5,202
4,934
Assets acquired on acquisition of subsidiary
16
616
Assets derecognised with deemed disposal of interest in joint operation
19
(260)
Contributions made
185
86
72
Payments received
(322)
(33)
(10)
Interest income
5.1
339
235
174
Transfer to other financial assets
(22)
(264)
Fair value gain1
80
80
32
Foreign currency translation
5
Balance at end of the year
5,927
5,306
5,202
Environmental rehabilitation obligation funds comprise of the following:
Restricted funds2
1,850
1,616
1,135
Funds
4,077
3,690
4,067
1The environmental rehabilitation trust fund includes a fixed income portfolio of bonds that are fair valued at each reporting date
2The funds are set aside to serve as collateral against the guarantees made to the Department of Minerals, Resources and Energy for environmental rehabilitation
obligations