| Group | ||||||||||||
| 2024 | 2023 | |||||||||||
| For the year ended 31 December | Gross Rm |
Tax Rm |
NCI Rm |
Net Rm |
Gross Rm |
Tax Rm |
NCI Rm |
Net Rm |
||||
| Unrealised exchange differences on translation of foreign operations | 11 | (3) | 8 | 88 | (20) | 68 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Changes in fair value of equity investments at FVOCI | 8 | (2) | (1) | 5 | (40) | 9 | 7 | (24) | ||||
| Remeasurement of retirement employee obligations | 8 | (2) | (1) | 5 | ||||||||
| Changes in fair value on cash flow hedges: | (27) | 7 | 4 | (16) | (61) | 17 | 12 | (32) | ||||
| – Interest rate swaps | (26) | 7 | 4 | (15) | (51) | 14 | 10 | (27) | ||||
| – FECs | (1) | (1) | (10) | 3 | 2 | (5) | ||||||
| Recycling of changes in fair value on cash flow hedges: | (26) | 7 | 8 | (11) | (20) | 5 | 4 | (11) | ||||
| – Interest rate swaps | (26) | 7 | 8 | (11) | (20) | 5 | 4 | (11) | ||||
| Changes in fair value on cost of hedging: | (7) | 2 | 1 | (4) | (12) | 3 | 2 | (7) | ||||
| – FECs | (7) | 2 | 1 | (4) | (12) | 3 | 2 | (7) | ||||
| Total before share of OCI of equity-accounted investments | (33) | 12 | 8 | (13) | (45) | 34 | 5 | (6) | ||||
| Share of OCI of equity-accounted investments relating to: | (101) | 23 | 18 | (60) | 211 | (49) | 162 | |||||
| – | Unrealised exchange differences on translation of foreign operations | 7 | (2) | 5 | 214 | (50) | 164 | |||||
| – | Remeasurement of retirement employee obligations | 3 | (1) | (1) | 1 | 3 | (1) | 2 | ||||
| – | Cash flow hedge reserve movement | (111) | 24 | 21 | (66) | (6) | 1 | 1 | (4) | |||
| Total | (134) | 35 | 26 | (73) | 166 | 34 | (44) | 156 | ||||
IR