v3.26.3
Restatement note (Tables)
 12 Months Ended
Jun. 30, 2026
Correction of prior period errors [Abstract]  
Misalignment Error The misalignment resulted in the following:
SA Rand
Figures in million
At 30 June
2025
At 1 July
2024
Group balance sheet
Property, plant and equipment (Mining assets) overstated
636
500
Deferred tax assets understated
2
1
Retained earnings overstated
457
317
Deferred tax liabilities overstated
177
182
SA Rand
Figures in million
2025
2024
Group income statement
Cost of Sales (Depreciation) understated
137
104
Gross profit, Operating profit and Profit before taxation overstated
137
104
Taxation (deferred tax expense) understated/(overstated)
3
(118)
Net profit understated/(overstated)
(140)
14
Basic and Diluted earnings per share understated/(overstated) (cents)
(23)
2
Constructive Obligation Error This error had resulted in the following:
SA Rand
Figures in million
At 30 June
2025
At 1 July
2024
Group balance sheet
Deferred tax assets understated
10
15
Retained earnings overstated
836
976
Deferred tax liabilities overstated
126
91
Trade and other payables understated
972
1 082
SA Rand
Figures in million
2025
2024
Group income statement
Cost of Sales (Production costs) understated/(overstated)
(6)
72
Gross profit understated/(overstated)
6
(72)
Corporate, admin and other expenditure understated/(overstated)
(47)
299
Other operating expenses understated/(overstated)
(57)
57
Operating profit and Profit before taxation understated/(overstated)
110
(428)
Taxation (deferred tax expense) overstated
30
23
Net profit understated/(overstated)
140
(405)
Basic and Diluted earnings per share understated/(overstated) (cents)
23
(65)
Constructive Obligation Error - Income Statement Effect The combined changes to the group income statement for the year ended 30 June 2025 and 30 June 2024 are as follows:
SA Rand
2025
2024
Figures in million
Reported
Restated
Adjustment
Reported
Restated
Adjustment
Cost of sales
(49 635)
(49 766)
(131)
(47 233)
(47 409)
(176)
Production cost
(43 155)
(43 149)
6
(38 923)
(38 995)
(72)
Amortisation and depreciation
(4 842)
(4 979)
(137)
(4 642)
(4 746)
(104)
Gross profit
24 261
24 130
(131)
14 146
13 970
(176)
Corporate, administration and other
expenditure
(1 647)
(1 600)
47
(1 294)
(1 593)
(299)
Other operating expenses
(346)
(289)
57
(195)
(252)
(57)
Operating profit
20 357
20 330
(27)
11 676
11 144
(532)
Profit before taxation
21 206
21 179
(27)
11 770
11 238
(532)
Taxation
(6 658)
(6 631)
27
(3 082)
(2 941)
141
Net profit for the year
14 548
14 548
—
8 688
8 297
(391)
Attributable to:
Owners of the parent
14 384
14 384
—
8 587
8 196
(391)
Earnings per ordinary share (cents)
Basic earnings
2 313
2 313
—
1 386
1 323
(63)
Diluted earnings
2 288
2 288
—
1 364
1 302
(62)
Constructive Obligation Error - Balance Sheet Effect The changes to the group balance sheet as at 1 July 2024 and 30 June 2025 are as follows:
SA Rand
At 30 June 2025
At 1 July 2024
Figures in million
Reported
Restated
Adjustment
Reported
Restated
Adjustment
Assets
Non-current assets
Property, plant and equipment
48 269
47 633
(636)
41 348
40 848
(500)
Deferred tax assets
114
126
12
140
156
16
Total non-current assets
56 197
55 573
(624)
48 963
48 479
(484)
Total assets
77 503
76 879
(624)
60 460
59 976
(484)
Equity and liabilities
Share capital and reserves
Attributable to equity holders of the
parent company
48 235
46 942
(1 293)
40 774
39 481
(1 293)
Retained earnings
14 584
13 291
(1 293)
2 238
945
(1 293)
Total equity
48 512
47 219
(1 293)
40 949
39 656
(1 293)
Non-current liabilities
Deferred tax liabilities
4 475
4 172
(303)
2 951
2 678
(273)
Total non-current liabilities
16 603
16 300
(303)
12 152
11 879
(273)
Current liabilities
Trade and other payables
6 652
7 624
972
5 477
6 559
1 082
Total current liabilities
12 388
13 360
972
7 359
8 441
1 082
Total equity and liabilities
77 503
76 879
(624)
60 460
59 976
(484)