GROUP FINANCIAL STATEMENTS
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS – for the year ended 30 June 2014

    Carrying  
value  
Rm  		 Finance  
income/  
(expense) 
Rm  		 Fair value  
adjustment 
Rm  		 Settlement  
discount  
Rm  

38.  

Financial instruments by category  

        
 

Financial instruments by category – June 2014  

        
 

Financial assets  

        
  Loans and receivables   6 145   313   (71)  –  
  Loans   145   7   (71)  –  
  Trade and other receivables   1 695   88   –   –  
  Cash and cash equivalents   4 305   218   –   –  
  Financial instruments at fair value through profit or loss (held for trading)         
  Derivative financial instruments2   332   –   153   –  
  Held-to-maturity financial assets   35   3   –   –  
  Available-for-sale financial assets1   54   –   (56)  –  
  Total   6 566   316   26    
 

Financial liabilities  

        
  Financial liabilities at amortised cost   11 626   (568)  –   11  
  Borrowings   7 787   (549)  –   –  
  Liabilities   84   (13)  –   –  
  Trade and other payables   3 755   (6)  –   11  
  Financial instruments at fair value through profit or loss (held for trading)         
  Derivative financial instruments2   18   –   12   –  
  Total   11 644   (568)  12   11  
 

Financial instruments by category – June 2013  

        
 

Financial assets  

        
  Loans and receivables   7 405   153   (45)  –  
  Loans   195   8   (45)  –  
  Trade and other receivables   2 286   74   –   –  
  Cash and cash equivalents   4 924   71   –   –  
  Financial instruments at fair value through profit or loss (held for trading)         
  Derivative financial instruments2   90   –   90   –  
  Held-to-maturity financial assets   32   4   –   –  
  Available-for-sale financial assets1   110   –   9   –  
  Total   7 637   157   54   –  
 

Financial liabilities  

        
  Financial liabilities at amortised cost   12 003   (428)  –   –  
  Borrowings   7 479   (344)  –   –  
  Bank overdraft   811   –   –   –  
  Liabilities   169   (12)  –   –  
  Trade and other payables   3 544   (72)  –   –  
  Financial instruments at fair value through profit or loss (held for trading)         
  Derivative financial instruments2   30   –   106   –  
    12 033   (428)  106   –  
  Total  
 
1 Level 1 of the fair value hierarchy.
2 Level 2 of the fair value hierarchy.  
  Fair value hierarchy  
 
Level 1 – Quoted prices in active markets for the same instrument.
Level 2 – Valuation techniques for which significant inputs are based on observable market data.
Level 3 – Valuation techniques for which any significant input is not based on observable market data.