| Audited | |||||||
|---|---|---|---|---|---|---|---|
| 2018 Rm |
2017 Rm |
||||||
| 7. | FINANCIAL INSTRUMENTS | ||||||
| Carrying value of financial instruments by class: | |||||||
| Financial assets: | |||||||
| Trade receivables | |||||||
| – Industry | 6 124 | 5 429 | |||||
| – Government | 902 | 438 | |||||
| – Consumers | 543 | 403 | |||||
| Other loans and receivables and cash balances | 9 120 | 5 732 | |||||
| Finance lease receivables | 459 | 499 | |||||
| Derivatives (including items designated as effective hedging instruments) | |||||||
| – Forward exchange contracts | 1 | 42 | |||||
| Other financial assets at fair value | 278 | 49 | |||||
| Total carrying value of financial assets | 17 427 | 12 592 | |||||
| Financial liabilities: | |||||||
| Trade payables | |||||||
| – Principals | 2 925 | 3 336 | |||||
| – Other suppliers | 3 734 | 5 234 | |||||
| Other non-interest-bearing payables | 490 | 435 | |||||
| Derivatives (including items designated as effective hedging instruments) | |||||||
| – Forward exchange contracts | 35 | ||||||
| – Other derivatives | 9 | 5 | |||||
| Interest-bearing debt measured at amortised cost | 13 920 | 9 134 | |||||
| Total carrying value of financial liabilities | 21 113 | 18 144 | |||||
Fair value measurements recognised in the statement of financial position Level 1 measurements are derived from quoted prices in active markets. Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable either directly or indirectly. Level 3 fair value measurements are those derived from valuation techniques that include inputs that are not based on observable market data (unobservable inputs). |
| 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Level 1 | Level 2 | Level 3 | Total | |||||
| Financial assets at fair value through profit or loss | ||||||||
| Financial assets designated at fair value through profit or loss | 55 | 55 | ||||||
| Available-for-sale financial assets | ||||||||
| Shares | 5 | 5 | ||||||
| Derivative assets designated as effective hedging instruments | 1 | 1 | ||||||
| Total | 1 | 60 | 61 | |||||
| Financial liabilities at fair value through profit or loss | ||||||||
| Financial liabilities designated at fair value through profit or loss | 9 | 9 | ||||||
| Derivatives | 35 | 35 | ||||||
| Total | 44 | 44 | ||||||
| 2017 | ||||||||
| Level 1 | Level 2 | Level 3 | Total | |||||
| Financial assets at fair value through profit or loss | ||||||||
| Financial assets designated at fair value through profit or loss | 49 | 49 | ||||||
| Available-for-sale financial assets | ||||||||
| Shares | 5 | 5 | ||||||
| Derivative assets designated as effective hedging instruments | 42 | 42 | ||||||
| Total | 42 | 54 | 96 | |||||
| Financial liabilities at fair value through profit or loss | ||||||||
| Financial liabilities designated at fair value through profit or loss | 5 | 5 | ||||||
| Total | 5 | 5 | ||||||