| Group | |||||||||
| Associates | Joint ventures | Total equity-accounted investments |
|||||||
| At 31 December | Note | 2024 Rm |
2023 Rm |
2024 Rm |
2023 Rm |
2024 Rm |
2023 Rm |
||
| Gross carrying amount | |||||||||
| At beginning of the year | 18 971 | 15 676 | 1 922 | 2 999 | 20 893 | 18 675 | |||
| Net share of results | 4 041 | 6 470 | 226 | 448 | 4 267 | 6 918 | |||
| – Share of income | 9.3 | 4 036 | 6 479 | 234 | 508 | 4 270 | 6 987 | ||
| – Elimination of movement in unrealised profit | 5 | (9) | (8) | (60) | (3) | (69) | |||
| Dividends received1 | (3 741) | (3 386) | (130) | (1 525) | (3 871) | (4 911) | |||
| Share of movement in reserves | (78) | 211 | (78) | 211 | |||||
| At end of the year | 19 193 | 18 971 | 2 018 | 1 922 | 21 211 | 20 893 | |||
| Accumulated impairment | |||||||||
| At beginning of the year | (615) | (615) | (615) | (615) | |||||
| At end of the year2 | (615) | (615) | (615) | (615) | |||||
| Net carrying amount at end of the year | 18 578 | 18 356 | 2 018 | 1 922 | 20 596 | 20 278 | |||
| 1 | Relates to: SIOC of R3 741 million (2023: R3 386 million) and Mafube of R130 million (2023: R1 525 million). |
| 2 | Accumulated impairments relate to: GAM R58 million, Insect Technology R504 million and LightApp R53 million. |
IR