Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2024 
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Chapter 8Business environment and portfolio changes

  • 8.3Impairment charges of non-current assets
  • 8.3.1 Impairment charges of investments in subsidiaries
   Company 
For the year ended 31 December 2024
Rm
 
2023
Rm
Investments in subsidiaries

Impairment charges   (32)
– Rocsi Holdings Proprietary Limited1
(6)
– Exxaro Holdings Proprietary Limited2    (26)
Total impairment charges of investments in subsidiaries3
(32)
1 On 31 December 2023, an impairment assessment was performed by comparing the carrying amount of the investment in Rocsi Holdings Proprietary Limited to its net asset value (the recoverable amount). As a result, an impairment of R6 million was recognised.
2 On 31 December 2023, an impairment assessment was performed by comparing the carrying amount of the investment in Exxaro Holdings Proprietary Limited to its net asset value (the recoverable amount). As a result, an impairment of R26 million was recognised.
3 Tax effect of nil.