| Schedule of carrying value of property, plant and equipment |
| | | | | | Figures in million – SA rand | | | Mine development, infrastructure and other | Land, mineral rights and rehabilitation | Exploration and evaluation assets | | | | | | | | | | | | | Balance at beginning of the year | | | | | | | | | | | | Borrowings costs capitalised | | | | | | Change in estimates of rehabilitation assets | | | | | | | | | | | | Derecognition of property, plant and equipment1 | | | | | | Transfers between classes of property, plant and equipment | | | | | | Transfer from assets held for sale | | | | | | Assets acquired on acquisition of subsidiaries | | | | | | Foreign currency translation | | | | | | Balance at end of the year | | | | | | Accumulated depreciation, amortisation and impairment | | | | | | Balance at beginning of the year | | | | | | Amortisation and depreciation | | | | | | Impairment and reversal of impairment | | | | | | | | | | | | Derecognition of property, plant and equipment1 | | | | | | Depreciation capitalised to inventory | | | | | | Foreign currency translation | | | | | | Balance at end of the year | | | | | | Carrying value at end of the year | | | | | |
1Included in the derecognition during the year, is short-term ore reserve development, which was capitalised up to 31 December 2022 and fully depreciated by 2024, and was derecognised, as well as other items of property, plant and equipment derecognised as no future economic benefits are expected from these assets' use | | | | | | Figures in million – SA rand | | | Mine development, infrastructure and other | Land, mineral rights and rehabilitation | Exploration and evaluation assets | | | | | | | | | | | | | Balance at beginning of the year | | | | | | Borrowings costs capitalised | | | | | | | | | | | | Change in estimates of rehabilitation assets | | | | | | | | | | | | Derecognition of property, plant and equipment1 | | | | | | Transfers between classes of property, plant and equipment | | | | | | Transfers to/from right-of-use assets | | | | | | Transfer to assets held for sale | | | | | | Assets acquired on acquisition of subsidiaries | | | | | | Foreign currency translation | | | | | | Balance at end of the year | | | | | | Accumulated depreciation, amortisation and impairment | | | | | | Balance at beginning of the year | | | | | | Amortisation and depreciation | | | | | | | | | | | | | | | | | | Derecognition of property, plant and equipment1 | | | | | | Transfer to asset held for sale | | | | | | Depreciation capitalised to inventory | | | | | | Foreign currency translation | | | | | | Balance at end of the year | | | | | | Carrying value at end of the year | | | | | |
1Included in the derecognition during the year, is short-term ore reserve development, which was capitalised up to 31 December 2021 and fully depreciated by 2024, and was derecognised, as well as other items of property, plant and equipment as no future economic benefits are expected from its use | | | | | | Figures in million – SA rand | | | Mine development, infrastructure and other | Land, mineral rights and rehabilitation | Exploration and evaluation assets | | | | | | | | | | | | | Balance at beginning of the year | | | | | | | | | | | | Change in estimates of rehabilitation assets | | | | | | | | | | | | Derecognition of property, plant and equipment1 | | | | | | Transfers between classes of property, plant and equipment | | | | | | Transfers to right-of-use assets | | | | | | Gain on remeasurement of previous interest in joint operation | | | | | | Derecognition with deemed disposal of interest in joint operation2 | | | | | | Assets acquired on acquisition of subsidiaries | | | | | | Foreign currency translation | | | | | | Balance at end of the year | | | | | | Accumulated depreciation, amortisation and impairment | | | | | | Balance at beginning of the year | | | | | | Amortisation and depreciation | | | | | | | | | | | | | | | | | | Derecognition of property, plant and equipment2 | | | | | | Derecognition with deemed disposal of interest in joint operation3 | | | | | | Depreciation capitalised to inventory | | | | | | Foreign currency translation | | | | | | Balance at end of the year | | | | | | Carrying value at end of the year | | | | | |
1Included in the derecognition during the year, is short-term ore reserve development, which was capitalised up to 31 December 2022 and fully depreciated by 2023, and was derecognised, as well as other items of property, plant and equipment as no future economic benefits are expected from its use 2The carrying value of property, plant and equipment derecognised with disposal of interest in a joint operation amounts to R1,027 million
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