13. |
Contingent liabilities and guarantees |
| As at the end of June 2014 the Group had bank and other guarantees of R1 370 (June 2013: R1 112) million from which it is anticipated that no material liabilities will arise. | |
| The companies which are subject to water licences with the Department of Water Affairs are in the process of compiling a plan, including future cash flow, to ensure that adherence to the water management requirements, including treatment and rehabilitation requirements of the Department of Water Affairs, are met. This could result in a liability and a corresponding asset in the statement of financial position. Measurement of the liability is currently in progress. |