Annual Financial Statements for the year ended 30 June 2021 0 - Book - Page 90
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4
SASOL LIMITED GROUP
FUNDING ACTIVITIES AND FACILITIES
2021
Rm
for the year ended 30 June
17
Long-term debt
2020
Rm
102 643
(5 506)
167 197
(19 686)
97 137
147 511
108
102 974
(439)
4 608
163 216
(627)
102 643
167 197
Balance at beginning of year
Transfer of operating lease straight-lining under IAS 17 on initial application of IFRS 16
167 197
–
129 569
(1 027)
Adjusted amount
Loans raised³
Loans repaid²
Modification loss⁴
Interest accrued
Amortisation of loan costs
Disposal of business⁵
Transfer to disposal groups held for sale¹
Translation of foreign operations
167 197
26 057
(61 454)
–
305
160
(2 673)
(939)
(26 010)
128 542
36 487
(28 335)
1 193
1 003
135
–
(1 551)
29 723
Balance at end of year
102 643
167 197
102 643
167 197
5 506
64 495
32 642
19 686
133 179
14 332
102 643
167 197
Total long-term debt
Short-term portion
Analysis of long-term debt
At amortised cost
Secured debt¹
Unsecured debt²
Unamortised loan costs
Reconciliation
Interest-bearing status
Interest-bearing debt
Maturity profile
Within one year
One to five years
More than five years
1 Reduction in secured debt is mainly due to the disposal of Sasol's 50% interest in Gemini HDPE LLC and the transfer of CTRG debt to liabilities held
for sale at 30 June 2021. Refer note 12.
2 Decrease relates mainly to the repayments on the revolving credit facility (RCF) in Sasol Financing International Limited of R55,4 billion ($3,6 billion)
(2020: R23,5 billion, US$1,5 billion) as well as repayment of term loans R5,4 billion (US$350 million).
3 Loans raised relate mainly to the R23,1 billion (US$1,5 billion) bonds issued in March 2021.
4 2020 relates to the loan covenant amendment. Refer to page 90.
5 Relates to the disposal of Sasol's 50% interest in Gemini HDPE LLC.
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Sasol Annual Financial Statements 2021