Leases (Tables)

12 Months Ended

Jun. 30, 2026

Leases

Schedule of right of use assets


						Plant,
						equipment
		Land		Buildings		and vehicles		Total
for the year ended 30 June		Rm		Rm		Rm		Rm
Right of use assets
Carrying amount at 30 June 2024		117		5 101		7 133		12 351
Cost		326		8 919		14 647		23 892
Accumulated depreciation and impairment		(209)		(3 818)		(7 514)		(11 541)
Additions		13		868		1 072		1 953
Modifications and reassessments		—		35		654		689
Reclassification to assets		—		—		(129)		(129)
Translation of foreign operations		7		28		(25)		10
Terminations		(17)		(5)		(132)		(154)
Current year depreciation charge		(8)		(553)		(1 942)		(2 503)
Net (impairment)/reversal of right of use assets (note 8)		142		(352)		(173)		(383)
Carrying amount at 30 June 2025		254		5 122		6 458		11 834
Cost		305		9 840		14 740		24 885
Accumulated depreciation and impairment		(51)		(4 718)		(8 282)		(13 051)
Additions		15		1 565		858		2 438
Modifications and reassessments		—		(7)		379		372
Translation of foreign operations		(16)		(88)		(374)		(478)
Terminations		—		(1)		(45)		(46)
Current year depreciation charge		(10)		(594)		(1 803)		(2 407)
Net impairment of right of use assets (note 8)		—		(156)		(182)		(338)
Carrying amount at 30 June 2026		243		5 841		5 291		11 375
Cost		301		10 897		14 651		25 849
Accumulated depreciation and impairment		(58)		(5 056)		(9 360)		(14 474)

Schedule of lease liabilities


				2026		2025
for the year ended 30 June		Note		Rm		Rm
Lease liabilities
Total long-term lease liabilities				15 690		15 177
Short-term portion (included in short-term debt)		15		1 754		2 183
				17 444		17 360
Reconciliation
Balance at beginning of year				17 360		17 437
New lease contracts				2 544		1 928
Payments made on lease liabilities				(2 800)		(3 077)
Modifications and reassessments				372		685
Interest accrued				567		530
Termination of lease liability				(48)		(168)
Translation of foreign operations				(551)		25
Balance at end of year				17 444		17 360

Schedule of amounts recognised in income statement and cash flow


		2026		2025		2024
for the year ended 30 June		Rm		Rm		Rm
Amounts recognised in income statement
Interest expense (included in net finance cost)		1 758		1 669		1 557
Expense relating to short-term leases*		561		634		626
Expense relating to leases of low-value assets that are not shown above as short-term leases*		84		73		82
Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)*		57		55		56
Amounts recognised in statement of cash flows
Total cash outflow on leases		4 693		4 978		4 499

*

Included in cash paid to suppliers and employees in the statement of cash flows.

Schedule of incremental borrowing rates


Southern Africa		6,53 – 14,42% (2025: 9,00 – 14,83%)
North America		5,94 – 7,67% (2025: 6,37 – 7,34%)
Eurasia		3,24 – 6,01% (2025: 2,46 – 7,78%)