v3.25.3
Finance Costs (Tables)
 12 Months Ended
Jun. 30, 2025
Analysis of income and expense [abstract]  
Disclosure of Finance Costs
SA Rand
Figures in million
2025
2024
2023
Financial liabilities
Borrowings (a)
266
426
467
Other creditors and liabilities
30
35
29
Total finance costs from financial liabilities
296
461
496
Non-financial liabilities
Time value of money for other provisions
28
68
97
Streaming arrangements
1
18
41
Time value of money and inflation component of rehabilitation costs
521
486
483
Total finance costs from non-financial liabilities
550
572
621
Total finance costs before interest capitalised
846
1 033
1 117
Interest capitalised (b)
(148)
(237)
(123)
Total finance costs
698
796
994
(a)The decrease in finance costs on borrowings for 2025 and 2024 is as a result of lower borrowings due to repayments
during the 2024 financial year and minimal drawdowns during the 2025 financial year. Refer to note 30 for further detail.
(b)The capitalisation rate used to determine capitalised borrowing costs is:
Percent (%)
2025
2024
2023
Capitalisation rate
7.5
8.2
9.2
The capitalisation rate for 2023 includes the impact of the foreign exchange loss for the year where the Rand equivalent
rate is used.