| Group | |||||||||
| Associates | Joint ventures | Total equity-accounted investments |
|||||||
| At 31 December | Note | 2023 Rm |
2022 Rm |
2023 Rm |
2022 Rm |
2023 Rm |
2022 Rm |
||
| Gross carrying amount | |||||||||
| At beginning of the year | 15 676 | 16 104 | 2 999 | 1 780 | 18 675 | 17 884 | |||
| Interests diluted1 | 6.1.3 | (2) | (2) | ||||||
| Net share of results | 6 470 | 4 573 | 448 | 1 969 | 6 918 | 6 542 | |||
| – Share of income | 9.3 | 6 479 | 4 575 | 508 | 1 902 | 6 987 | 6 477 | ||
| – Elimination of intergroup profits | (9) | (2) | (60) | 67 | (69) | 65 | |||
| Dividends received2 | (3 386) | (5 153) | (1 525) | (750) | (4 911) | (5 903) | |||
| Share of movement in reserves | 211 | 154 | 211 | 154 | |||||
| At end of the year | 18 971 | 15 676 | 1 922 | 2 999 | 20 893 | 18 675 | |||
| Accumulated impairment | |||||||||
| At beginning of the year | (615) | (562) | (615) | (562) | |||||
| Impairment charge1 | 8.4 | (53) | (53) | ||||||
| At end of the year3 | (615) | (615) | (615) | (615) | |||||
| Net carrying amount at end of the year | 18 356 | 15 061 | 1 922 | 2 999 | 20 278 | 18 060 | |||
| 1 | Relates to LightApp. |
| 2 | Relates to: SIOC of R3 386 million (2022: R5 153 million) and Mafube of R1 525 million (2022: R750 million). |
| 3 | Accumulated impairments relate to: GAM R58 million, Insect Technology R504 million and LightApp R53 million. |
IR