| Group | Company | ||||
|
At 31 December |
2023 Rm |
2022 Rm |
2023 Rm |
2022 Rm |
|
| Non-current | |
|
|
|
|
|---|---|---|---|---|---|
| Reimbursements1 | 588 | 605 | |
|
|
| Biological assets | 33 | 38 | |
|
|
| Lease receivables2 | 29 | 38 | |
|
|
| Other | 79 | 89 | 1 | 1 | |
| Total non-current other assets | 729 | 770 | 1 | 1 | |
| Current | |
|
|
|
|
| VAT | 37 | 31 | 4 | |
|
| Diesel rebates | 58 | 100 | |
|
|
| Royalties | 69 | 95 | |
|
|
| Prepayments3 | 254 | 283 | 30 | 19 | |
| Lease receivables2 | 9 | 8 | |
|
|
| Other | 55 | 55 | 1 | 4 | |
| Total current other assets | 482 | 572 | 35 | 23 | |
| Total other assets | 1 211 | 1 342 | 36 | 24 | |
| 1 | Amounts recoverable from Eskom in respect of the rehabilitation, environmental expenditure and retirement employee obligation of the Matla operation at the end of LoM. |
| 2 | The lease relates to the upgrade of the Zeeland Water Treatment Works (in Lephalale, South Africa), of which Exxaro funds the capital for a period of 15 years. The municipality’s share of the capital expenditure will be recovered through fixed monthly instalments over this period. The minimum lease instalments are payable monthly with no escalation and calculated at a rate of 14.3% (2022: 14.3%) per annum. |
| 3 | 3 Includes an amount of R123 million (2022: nil) which relates to advance payments for assets under construction. |
IR