Annual Financial Statements for the year ended 30 June 2021 0 - Book - Page 55
SASOL LIMITED GROUP
STATEMENT OF CHANGES IN EQUITY
for the year ended 30 June
Share
capital
Note 16
Rm
Balance at 30 June 2018
Sharebased
payment
reserve
Rm
Investment
fair value
reserve
Rm
Foreign
currency
translation
reserve
Rm
Cash flow
hedge
accounting
reserve
Rm
Impact of prior period adjustment
15 775
–
(4 021)
–
43
–
28 500
–
180
–
Restated balance at beginning of period
Disposal of business
Movement in share-based payment reserve
15 775
–
–
(4 021)
–
1 552
43
–
–
28 500
(52)
–
180
–
–
–
–
–
707
952
(107)
–
–
–
–
–
–
Share-based payment expense
Sasol Khanyisa transaction
Deferred tax
Unwind of Sasol Inzalo transaction
Repurchase of shares
Final distribution to Sasol Inzalo Public
Share-based payment reserve to retained earnings
Long-term incentives vested and settled
Total restated comprehensive income for the year
Remeasurement
on postretirement
benefits
Rm
(1 844)
–
Retained Shareholders'
earnings
equity
Rm
Rm
Noncontrolling
interests
Rm
Total
equity
Rm
184 352
(1 777)
222 985
(1 777)
5 623
–
228 608
(1 777)
–
–
182 575
–
–
221 208
(52)
1 552
5 623
–
–
226 831
(52)
1 552
–
–
–
–
–
–
–
–
–
707
952
(107)
–
–
–
707
952
(107)
(1 844)
(5 887)
3 452
–
–
–
–
1 063
(1 372)
–
(1 372)
(5 887)
–
–
5 887
–
(2 435)
–
–
–
–
–
–
–
–
–
–
–
–
–
(1 372)
2 435
–
(1 372)
–
–
–
–
–
(1 372)
–
(573)
–
–
89
–
1 530
–
(180)
–
(360)
573
3 389
–
4 468
–
1 785
–
6 253
–
(180)
–
(360)
3 389
–
3 389
1 079
1 776
9
5 165
1 088
(8 580)
(8 580)
(1 523)
(10 103)
–
–
–
–
–
–
–
89
–
1 530
–
–
–
–
–
Adjustment on initial application of IFRS 16, net of tax*
9 888
–
410
–
132
–
29 978
–
–
–
(2 204)
–
179 020
(290)
217 224
(290)
5 885
–
223 109
(290)
Restated balance at beginning of period
Movement in share-based payment reserve
9 888
–
410
1 938
132
–
29 978
–
–
–
(2 204)
–
178 730
–
216 934
1 938
5 885
–
222 819
1 938
–
–
–
–
–
–
–
–
–
restated profit
other comprehensive income for the year
Dividends paid
Restated balance at 30 June 2019
Share-based payment expense
Sasol Khanyisa transaction
Deferred tax
Long-term incentives vested and settled
Restated total comprehensive (loss)/income for the year
restated loss
other comprehensive income for the year
–
–
–
878
1 068
(8)
–
–
(614)
–
614
(91 754)
–
(67 865)
–
(134)
–
(67 999)
–
25 871
–
(1 771)
–
(128)
(91 754)
–
(91 754)
23 889
(163)
29
(91 917)
23 918
(31)
(31)
(810)
(841)
–
–
–
9 888
–
–
–
1 734
–
–
1 945
49
–
–
–
55 849
–
–
–
Share-based payment expense (refer note 36)
Deferred tax
–
–
1 927
18
–
–
–
–
Long-term incentives vested and settled
Sasol Khanyisa Tier 1 transaction vested and settled
Total comprehensive (loss)/income for the year
–
–
–
(890)
(1 889)
–
–
–
(10)
Dividends paid
Balance at 30 June 2021
878
1 068
(8)
–
–
–
–
(128)
–
profit
other comprehensive loss for the year
878
1 068
(8)
–
(1 771)
–
(83)
Liquidation of businesses
Taxation impact on disposal of investment
Movement in share-based payment reserve
–
–
–
–
25 871
–
–
Restated balance at 30 June 2020
–
–
–
–
(83)
–
–
Dividends paid
–
–
(1 771)
–
–
–
–
(2 332)
–
–
–
87 559
148
44
–
150 976
148
44
1 945
4 941
–
–
–
155 917
148
44
1 945
1 927
18
–
–
1 927
18
–
–
–
–
–
–
–
–
(17 097)
–
–
864
–
–
633
890
1 889
9 032
–
–
(6 578)
–
–
1 487
–
–
(5 091)
–
(17 097)
–
864
–
633
9 032
–
9 032
(15 610)
1 500
(13)
10 532
(15 623)
–
–
(46)
(446)
(492)
–
–
–
–
–
(10)
–
–
–
–
9 888
900
39
38 752
(907)
(1 699)
(46)
99 516
146 489
5 982
152 471
* The adjustment on initial application of IFRS 16 'Leases' relates to the derecognition of the IAS 17 finance lease of Oxygen Train 17 and the recognition of the
embedded derivative in the Oxygen Train 17 agreement with Air Liquide. Refer to note 40, page 137.
The results have been restated for prior period errors in the calculation of South African value chain impairments, refer to note 1.
The notes on pages 55 to 141 are an integral part of these Consolidated Financial Statements.
52
Sasol Annual Financial Statements 2021
53
Sasol Annual Financial Statements 2021
SASOL LIMITED GROUP
CONSOLIDATED FINANCIAL STATEMENTS
4
NOTES TO THE FINANCIAL STATEMENTS
3
SASOL LIMITED COMPANY
2
OTHER
1