CHAPTER 11:Leases

	Group		Company
At 31 December	2023 Rm	2022 Rm	2023 Rm	2022 Rm
Non-current	400	438	336	376
Current	51	40	47	37
Total lease liabilities	451	478	383	413
Summary of lease liabilities by period of redemption¹:
Less than six months	24	19	22	17
Six to 12 months	27	21	25	20
Between one and two years	62	51	59	48
Between two and three years	76	62	73	60
Between three and four years	81	66	80	65
Between four and five years	98	81	97	80
Over five years	83	178	27	123
Total lease liabilities	451	478	383	413

¹	Refer note 16.3.3.3 for details of the undiscounted contractual cash flow maturities.

		Group		Company
At 31 December	Note	2023 Rm	2022 Rm	2023 Rm	2022 Rm
Analysis of movement in lease liabilities
At beginning of the year		478	504	413	438
New leases	11.3	2
Lease terminations			(3)
Lease remeasurement adjustments	11.3	12	10	7	5
Interest not paid (accrued)	12.1.2		1
Other					(1)
Capital repayments		(41)	(34)	(37)	(29)
– Lease payments		(89)	(83)	(78)	(73)
– Interest charges	12.1.2	48	49	41	44

At end of the year		451	478	383	413