Annual Financial Statements for the year ended 30 June 2021 0 - Book - Page 108
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SASOL LIMITED GROUP
CASH MANAGEMENT
for the year ended 30 June
29 Cash and cash equivalents
Cash and cash equivalents
Bank overdraft
Per the statement of cash flows
2021
Rm
2020
Rm
31 231
(243)
34 739
(645)
30 988
34 094
14 994
2 159
12 787
1 048
14 281
2 602
15 520
1 691
30 988
34 094
Cash by currency
Rand
Euro
US dollar
Other currencies
Included in cash and cash equivalents:
Cash in respect of various special purpose entities in the Group for use within those entities amounted to R513 million (2020 –
R187 million) and cash in respect of short-term rehabilitation commitments amounted to R106 million (2020 – R99 million).
Cash in respect of joint operations can only be utilised for the business activities of the joint operations. This includes the
Louisiana Integrated Polyethylene plant in North America of R245 million (2020 – Rnil) and R69 million (2020 – R105 million)
relating to exploration and other ventures. Sasol's interests in the power plant in Mozambique (CTRG) is held for sale at
30 June 2021, R658 million (2020 – R617 million) was transferred to assets held for sale.
Other cash restricted for use of R1 318 million (2020 – R799 million) includes cash deposits serving as collateral for bank guarantees.
Accounting policies:
Cash and cash equivalents comprises cash on hand, cash restricted for use, bank overdraft, demand deposits and other shortterm highly liquid investments with a maturity period of three months or less at date of purchase. Cash and cash equivalents are
stated at carrying amount which is deemed to be fair value. Bank overdrafts are offset against cash and cash equivalents in the
statement of cash flows.
Cash restricted for use comprises cash and cash equivalents which are not available for general use by the group, including
amounts held in escrow, trust or other separate bank accounts.
2021
for the year ended 30 June
Note
30 Cash generated by operating activities
Cash flow from operations
(Increase)/decrease in working capital
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Sasol Annual Financial Statements 2021
2020
Restated
Rm
2019
Restated
Rm
52 268
(7 154)
36 546
5 838
48 988
2 410
45 114
42 384
51 398
Rm