Sasol Limited (SSL) 20-F22 Sep 212021 FY Annual report (foreign)Financial data

Company Profile

Document and Entity Information

Document and Entity Information	12 Months Ended
Document and Entity Information	Jun. 30, 2021shares
Entity Information
Entity Registrant Name	Sasol Limited
Entity Central Index Key	0000314590
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Jun. 30, 2021
Entity File Number	001-31615
Entity Incorporation, State or Country Code	T3
Entity Address, Address Line One	Sasol Place, 50 Katherine Street
Entity Address, City or Town	Sandton
Entity Address, Country	ZA
Entity Address, Postal Zip Code	2196
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
ICFR Auditor Attestation Flag	true
Business Contact
Entity Information
City Area Code	+27
Local Phone Number	10 344 7896
Contact Personnel Name	Paul Victor
Contact Personnel Email Address	Email paul.victor@sasol.com
Entity Address, Address Line One	Sasol Place
Entity Address, Address Line Two	50 Katherine Street
Entity Address, City or Town	Sandton
Entity Address, Country	ZA
Entity Address, Postal Zip Code	2196
American Depositary Shares
Entity Information
Title of 12(b) Security	American Depositary Shares
Trading Symbol	SSL
Security Exchange Name	NYSE
Sasol ordinary shares of no par value
Entity Information
Title of 12(b) Security	Ordinary Shares of no par value	[1]
Trading Symbol	SSL
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding	627,912,989
4,50% Notes due 2022 issued by Sasol
Entity Information
Title of 12(b) Security	4,50% Notes due 2022 issued by Sasol Financing International Limited
Trading Symbol	SOLJAS
Security Exchange Name	NYSE
5,875% Notes due 2024 issued by Sasol
Entity Information
Title of 12(b) Security	5,875% Notes due 2024 issued by Sasol Financing USA LLC
Trading Symbol	SOLJL
Security Exchange Name	NYSE
6,50% Notes due 2028 issued by Sasol
Entity Information
Title of 12(b) Security	6,50% Notes due 2028 issued by Sasol Financing USA LLC
Trading Symbol	SOLJL
Security Exchange Name	NYSE
4,375% Notes due 2026 issued by Sasol
Entity Information
Title of 12(b) Security	4,375% Notes due 2026 issued by Sasol Financing USA LLC
Trading Symbol	SOLJL
Security Exchange Name	NYSE
5,50% Notes due 2031 issued by Sasol
Entity Information
Title of 12(b) Security	5,50% Notes due 2031 issued by Sasol Financing USA LLC
Trading Symbol	SOLJL
Security Exchange Name	NYSE
Sasol BEE ordinary shares of no par value
Entity Information
Entity Common Stock, Shares Outstanding	6,331,347

[1]	Listed on the New York Stock Exchange not for trading or quotation purposes, but only in connection with the registration of American Depositary Shares pursuant to the requirements of the Securities and Exchange Commission.

Income Statement

Income Statement - ZAR (R) R in Millions	12 Months Ended
Income Statement - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Income Statement
Turnover	R 201,910	R 190,367	R 203,576
Materials, energy and consumables used	(85,370)	(90,109)	(90,589)
Selling and distribution costs	(8,026)	(8,388)	(7,836)
Maintenance expenditure	(12,115)	(10,493)	(10,227)
Employee-related expenditure	(32,848)	(30,667)	(29,928)
Exploration expenditure and feasibility costs	(295)	(608)	(663)
Depreciation and amortisation	(17,644)	(22,327)	(17,814)
Other expenses and income	(6,589)	(27,376)	(19,097)
Translation gains/(losses)	5,510	(6,542)	604
Other operating expenses and income	(12,099)	(20,834)	(19,701)
Equity accounted profits/(losses), net of tax	814	(347)	1,074
Operating profit before remeasurement items	39,837	52	28,496
Remeasurement items affecting operating profit	(23,218)	(111,978)	(20,062)
Earnings/(loss) before interest and tax (EBIT/(LBIT))	16,619	(111,926)	8,434
Finance income	856	922	787
Finance costs	(6,758)	(7,303)	(1,253)
Earnings/(loss) before tax	10,717	(118,307)	7,968
Taxation	(185)	26,390	(2,803)
Earnings/(loss) for the year	10,532	(91,917)	5,165
Attributable to
Owners of Sasol Limited	9,032	(91,754)	3,389
Non-controlling interests in subsidiaries	1,500	(163)	1,776
Earnings/(loss) for the year	R 10,532	R (91,917)	R 5,165
Per share information
Basic earnings/(loss) per share (in rand per share)	R 14.57	R (148.49)	R 5.50
Diluted earnings/(loss) per share (in rand per share)	R 14.39	R (148.49)	R 5.46

Statement of comprehensive inco

Statement of comprehensive income - ZAR (R) R in Millions	12 Months Ended
Statement of comprehensive income - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Statement of comprehensive income
Earnings/(loss) for the year	R 10,532	R (91,917)	R 5,165
Other comprehensive income, net of tax
Items that can be subsequently reclassified to the income statement	(16,246)	24,123	1,353
Effect of translation of foreign operations	(13,741)	26,720	1,533
Effect of cash flow hedges	1,072	(2,192)	(287)
Foreign currency translation reserve on disposal of business reclassified to the income statement	(3,388)	(801)
Tax on items that can be subsequently reclassified to the income statement	(189)	396	107
Items that cannot be subsequently reclassified to the income statement	623	(205)	(265)
Remeasurement on post-retirement benefit obligation	834	(147)	(531)
Fair value of investments through other comprehensive income	(12)	(112)	136
Tax on items that cannot be subsequently reclassified to the income statement	(199)	54	130
Total comprehensive (loss)/income for the year	(5,091)	(67,999)	6,253
Attributable to
Owners of Sasol Limited	(6,578)	(67,865)	4,468
Non-controlling interests in subsidiaries	1,487	(134)	1,785
Total comprehensive (loss)/income for the year	R (5,091)	R (67,999)	R 6,253

Statement of comprehensive in_2

Statement of comprehensive income (Parenthetical)	12 Months Ended
Statement of comprehensive income (Parenthetical)	Jun. 30, 2021
Sasol Chevron Holdings Limited
Statement
Proportion of equity interest disposed of	50.00%
Gemini HDPE LLC
Statement
Proportion of equity interest disposed of	50.00%
Etame Marin block offshore Gabon
Statement
Proportion of equity interest disposed of	27.80%
Block DE-8 offshore Gabon
Statement
Proportion of equity interest disposed of	40.00%
Base Chemicals \| Lake Charles Chemicals Project
Statement
Proportion of equity interest disposed of	50.00%

Statement of financial position

Statement of financial position - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Assets
Property, plant and equipment	R 198,021	R 227,645	R 357,582
Right of use assets	12,903	13,816
Goodwill and other intangible assets	2,482	2,800	3,357
Equity accounted investments	10,142	11,812	9,866
Other long-term investments	1,896	1,926	1,248
Post-retirement benefit assets	591	467	1,274
Long-term receivables and prepaid expenses	4,224	6,435	6,317
Long-term financial assets	809		15
Deferred tax assets	24,511	31,665	8,563
Non-current assets	255,579	296,566	388,222
Inventories	29,742	27,801	29,646
Tax receivable	1,113	5,419	730
Trade and other receivables	30,933	25,097	28,578
Short-term financial assets	1,514	645	630
Cash and cash equivalents	31,231	34,739	15,877
Current assets	94,533	93,701	75,461
Assets in disposal groups held for sale	10,631	84,268	2,554
Total assets	360,743	474,535	466,237
Equity and liabilities
Shareholders' equity	146,489	150,976	217,224
Non-controlling interests	5,982	4,941	5,885
Total equity	152,471	155,917	223,109
Long-term debt	97,137	147,511	127,350
Lease liabilities	13,906	15,825	7,445
Long-term provisions	16,164	21,857	17,622
Post-retirement benefit obligations	13,297	14,691	12,708
Long-term deferred income	400	842	924
Long-term financial liabilities	2,011	5,620	1,440
Deferred tax liabilities	7,793	19,154	26,541
Non-current liabilities	150,708	225,500	194,030
Short-term debt	7,337	43,468	3,783
Short-term provisions	5,064	2,202	3,289
Tax payable	806	665	1,039
Trade and other payables	36,670	35,757	39,466
Short-term deferred income	576	579	210
Short-term financial liabilities	3,162	4,271	765
Bank overdraft	243	645	58
Current liabilities	53,858	87,587	48,610
Liabilities in disposal groups held for sale	3,706	5,531	488
Total equity and liabilities	R 360,743	R 474,535	R 466,237

Statement of changes in equity

Statement of changes in equity - ZAR (R) R in Millions	Shareholders' equity	Share capital	Share-based payment reserve	Investment fair value reserve	Foreign currency translation reserve	Cash flow hedge accounting reserve	Remeasurements on post-retirement benefit obligations	Retained earnings	Non-controlling interests in subsidiaries	Total
Balance at beginning of year (Previously reported) at Jun. 30, 2018	R 222,985	R 15,775	R (4,021)	R 43	R 28,500	R 180	R (1,844)	R 184,352	R 5,623	R 228,608
Balance at beginning of year (Revision) at Jun. 30, 2018	(1,777)							(1,777)		(1,777)
Balance at beginning of year at Jun. 30, 2018	221,208	15,775	(4,021)	43	28,500	180	(1,844)	182,575	5,623	226,831
Disposal of business	(52)				(52)					(52)
Movement in share-based payment reserve	1,552		1,552							1,552
Share-based payment expense	707		707							707
Sasol Khanyisa transaction	952		952							952
Deferred tax	(107)		(107)							(107)
Unwind of share-based transaction	(1,372)	(5,887)	3,452					1,063		(1,372)
Repurchase of shares		(5,887)	5,887
Final distribution to Sasol Inzalo Public	(1,372)							(1,372)		(1,372)
Shares-based payment reserve to retained earnings			(2,435)					2,435
Long-term incentives vested and settled			(573)					573
Total comprehensive (loss)/income for the year \| Previously reported										7,162
Total comprehensive (loss)/income for the year \| Revision										(909)
Total comprehensive (loss)/income for the year	4,468			89	1,530	(180)	(360)	3,389	1,785	6,253
Profit/(loss) \| Previously reported										6,074
Profit/(loss) \| Revision										(909)
Profit/(loss)	3,389							3,389	1,776	5,165
other comprehensive income/(loss) for the year	1,079			89	1,530	(180)	(360)		9	1,088
Dividends paid	(8,580)							(8,580)	(1,523)	(10,103)
Balance at end of year (Previously reported) at Jun. 30, 2019										225,795
Balance at end of year (Revision) at Jun. 30, 2019										(2,686)
Balance at end of year at Jun. 30, 2019	217,224	9,888	410	132	29,978		(2,204)	179,020	5,885	223,109
Adjustment on initial application of IFRS 16, net of tax at Jun. 30, 2019	(290)							(290)		(290)
Revised balance at beginning of year at Jun. 30, 2019	216,934	9,888	410	132	29,978		(2,204)	178,730	5,885	222,819
Movement in share-based payment reserve	1,938		1,938							1,938
Share-based payment expense	878		878							878
Sasol Khanyisa transaction	1,068		1,068							1,068
Deferred tax	(8)		(8)							(8)
Long-term incentives vested and settled			(614)					614
Total comprehensive (loss)/income for the year \| Previously reported										(67,354)
Total comprehensive (loss)/income for the year \| Revision										(645)
Total comprehensive (loss)/income for the year	(67,865)			(83)	25,871	(1,771)	(128)	(91,754)	(134)	(67,999)
Profit/(loss) \| Previously reported										(91,272)
Profit/(loss) \| Revision										(645)
Profit/(loss)	(91,754)							(91,754)	(163)	(91,917)
other comprehensive income/(loss) for the year	23,889			(83)	25,871	(1,771)	(128)		29	23,918
Dividends paid	(31)							(31)	(810)	(841)
Balance at end of year (Previously reported) at Jun. 30, 2020										159,248
Balance at end of year (Revision) at Jun. 30, 2020										(3,331)
Balance at end of year at Jun. 30, 2020	150,976	9,888	1,734	49	55,849	(1,771)	(2,332)	87,559	4,941	155,917
Liquidation of businesses	148							148		148
Taxation impact on disposal of investment	44							44		44
Movement in share-based payment reserve	1,945		1,945							1,945
Share-based payment expense	1,927		1,927							1,927
Deferred tax	18		18							18
Long-term incentives vested and settled			(890)					890
Sasol Khanyisa Tier 1 transaction vested and settled			(1,889)					1,889
Total comprehensive (loss)/income for the year	(6,578)			(10)	(17,097)	864	633	9,032	1,487	(5,091)
Profit/(loss)	9,032							9,032	1,500	10,532
other comprehensive income/(loss) for the year	(15,610)			(10)	(17,097)	864	633		(13)	(15,623)
Dividends paid	(46)							(46)	(446)	(492)
Balance at end of year at Jun. 30, 2021	R 146,489	R 9,888	R 900	R 39	R 38,752	R (907)	R (1,699)	R 99,516	R 5,982	R 152,471

Statement of cash flows

Statement of cash flows - ZAR (R) R in Millions	12 Months Ended
Statement of cash flows - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Statement of cash flows
Cash receipts from customers	R 194,712	R 196,798	R 203,613
Cash paid to suppliers and employees	(149,598)	(154,414)	(152,215)
Cash generated by operating activities	45,114	42,384	51,398
Dividends received from equity accounted investments	37	208	1,506
Finance income received	837	792	682
Finance costs paid	(6,173)	(7,154)	(6,222)
Tax paid	(5,280)	(5,659)	(3,946)
Cash available from operating activities	34,535	30,571	43,418
Dividends paid	(46)	(31)	(9,952)
Dividends paid to non-controlling shareholders in subsidiaries	(446)	(810)	(1,523)
Cash retained from operating activities	34,043	29,730	31,943
Additions to non-current assets	(18,214)	(41,935)	(56,734)
additions to property, plant and equipment	(15,945)	(35,145)	(55,781)
additions to other intangible assets	(3)	(19)	(19)
decrease in capital project related payables	(2,266)	(6,771)	(934)
Cash movements in equity accounted investments		(284)	66
Proceeds on disposals and scrappings	43,214	4,285	567
Additions to assets held for sale	(427)
Acquisition of interest in equity accounted investments		(512)
Purchase of investments	(124)	(121)	(222)
Proceeds from sale of investments	168	483	142
Decrease/(increase) in long-term receivables	476	(466)	(231)
Cash received from/(used in) investing activities	25,093	(38,550)	(56,412)
Proceeds from long-term debt	26,057	36,487	93,884
Repayment of long-term debt	(61,454)	(28,335)	(69,655)
Payment of lease liabilities	(2,180)	(2,061)	(345)
Repayment of debt held for sale	(980)
Proceeds from short-term debt	9	19,998	977
Repayment of short-term debt	(19,717)	(977)	(1,730)
Cash (used in)/generated by financing activities	(58,265)	25,112	23,131
Translation effects on cash and cash equivalents	(2,916)	3,607	162
(Decrease)/increase in cash and cash equivalents	(2,045)	19,899	(1,176)
Cash and cash equivalents at the beginning of year	34,094	15,819	17,039
Reclassification to disposal groups held for sale and other long-term investments	(1,061)	(1,624)	(44)
Cash and cash equivalents at the end of the year	R 30,988	R 34,094	R 15,819

Segment information

Segment information	12 Months Ended
Segment information	Jun. 30, 2021
Segment information
Segment information	Segment information Chemicals Chemicals Chemicals Mining Gas Fuels Africa** America Eurasia Corporate Centre Total** 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Income statement* External turnover 2 025 1 343 3 222 7 321 8 350 8 316 59 393 60 816 76 985 58 260 51 600 52 607 29 358 28 721 21 419 45 539 39 537 40 967 14 — 60 201 910 190 367 203 576 Total turnover 21 704 19 891 20 876 10 990 12 419 12 665 60 649 62 553 78 624 60 597 54 310 54 817 29 360 28 809 21 424 46 038 39 989 41 423 26 30 78 229 364 218 001 229 907 Intersegmental turnover (19 679) (18 548) (17 654) (3 669) (4 069) (4 349) (1 256) (1 737) (1 639) (2 337) (2 710) (2 210) (2) (88) (5) (499) (452) (456) (12) (30) (18) (27 454) (27 634) (26 331) Equity accounted profits, net of tax (3) (2) — — — — 742 (347) 908 83 21 37 — — — 1 — 147 (9) (19) (18) 814 (347) 1 074 Earnings/(loss) before interest and tax 3 227 2 756 4 701 6 656 5 527 3 948 (18 170) (11 609) 10 769 6 957 (17 035) 3 474 8 116 (77 556) (15 382) 4 680 (894) 3 100 5 153 (13 115) (2 176) 16 619 (111 926) 8 434 Remeasurement items** 46 113 45 (655) (30) 1 977 23 196 11 990 447 7 889 24 122 3 928 (7 336) 73 166 13 765 (86) 2 387 (104) 164 230 4 23 218 111 978 20 062 Depreciation and amortisation 2 223 2 080 1 805 1 463 2 002 2 100 3 401 4 809 4 832 4 461 5 649 5 577 3 637 5 085 1 532 1 687 1 821 1 244 772 881 724 17 644 22 327 17 814 Statement of cash flows* Additions to non-current assets*** 2 704 2 859 2 912 711 1 539 1 165 3 549 5 232 7 415 5 508 6 845 8 748 1 152 15 654 31 866 1 796 2 158 2 841 528 877 853 15 948 35 164 55 800 * Comparative financial results have been revised to reflect the revised composition of the group’s reportable segments under the Sasol 2.0 operating model. Excludes equity accounted investments. * Excludes capital project related payables. **** Chemicals Africa results for 2019 and 2020 have been revised for the correction of the prior period errors. Refer note 1. Geographic segment information South Africa Rest of Africa United States Rest of North America Europe Rest of World Total operations 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm External turnover* 84 844 84 528 100 955 8 853 7 776 8 814 31 247 28 295 24 452 4 183 3 758 3 285 48 529 44 280 45 202 24 254 21 730 20 868 201 910 190 367 203 576 Earnings/(loss) before interest and tax (7 523) (37 029) 17 313 4 541 1 821 707 9 616 (75 827) (15 022) 646 (481) (2 721) 5 354 105 5 017 3 985 (515) 3 140 16 619 (111 926) 8 434 Tax paid 6 622 3 138 933 955 1 607 1 548 (3 340) 20 5 — — 1 997 854 1 398 46 40 61 5 280 5 659 3 946 Non-current assets* 76 070 106 922 143 957 14 116 18 896 19 323 113 088 106 371 188 380 — 1 329 1 180 16 748 18 948 15 944 10 455 11 968 9 601 230 477 264 434 378 385 * The analysis of turnover is based on the location of the customer. Includes equity accounted profits/(losses) remeasurement items. * Excludes deferred tax assets and post-retirement benefit assets. Reporting segments The group’s operating model comprises of two distinct businesses, Energy and Chemicals. The Energy Business manages the marketing and sales of all fuel,coal, gas and oil products in Southern Africa. The Chemicals Business includes the marketing and sales of all chemical products in Africa, America and Eurasia. The operating model structure reflects how the results are reported to the Chief Operating Decision Maker (CODM). The CODM for Sasol is the President and Chief Executive Officer. The Energy Business reportable segments are operating segments that are differentiated by the activities that each undertakes and the products they manufacture and market. The Chemicals Business reportable segments are differentiated by the regions in which they operate. The group has six main reportable segments that reflect the structure used by the President and Chief Executive Officer to make key operating decisions and assess performance. The group evaluates the performance of its reportable segments based on earnings before interest and tax (EBIT). Energy Business The Energy Business operates integrated value chains with feedstock sourced from the Mining and Gas operating segments and processed at our operations in Secunda, Sasolburg and Natref. There are also associated assets outside South Africa which include the Pande-Temane Petroleum Production Agreement (PPA) in Mozambique and ORYX GTL (gas to liquids) in Qatar. Mining Mining is responsible for securing coal feedstock for the Southern African value chain, mainly for gasification, but also to generate electricity and steam. Coal is sold for gasification and utility purposes to Secunda Operations, for utility purposes to Sasolburg Operations and to third parties in the export market. Coal is supplied to Secunda Operations on arms-length terms and to Sasolburg operations based on a long-term supply contract with inflation linked escalation. The price of export coal is based on the Free on Board Richards Bay index. The date of delivery related to Mining is determined in accordance with the contractual agreements entered into with customers. These are summarised as follows: Delivery terms Control passes to the customer On delivery At the point in time when the coal is delivered to the customer. Free on Board At the point in time when the coal is loaded onto the vessel at Richards Bay Coal Terminal; the customer is responsible for shipping and handling costs. Gas The Gas segment reflects the upstream feedstock, transport of gas through the ROMPCO pipeline, and external natural and methane rich gas sales. Mozambican gas is sold under long-term contracts to both the Secunda and Sasol operations and to external customers. Condensate is sold on short-term contracts. In South Africa, gas is sold under long-term contracts at a price determinable from the supply agreements in accordance with the pricing methodology used by the National Energy Regulator of South Africa (NERSA). Analysis of gas and tests of the specifications and content are performed prior to delivery. Canadian gas is sold into the market at spot prices. Turnover from all gas sales is recognised on delivery. Delivery terms Control passes to the customer On-delivery At the point in time when the: · Gas reaches the inlet coupling of the customer’s pipeline. · Condensate is loaded onto the customer’s truck. These are the points when the customer controls the gas, condensate or oil, or directs the use of it. The customer is responsible for transportation and handling costs in terms of gas, condensate and oil. Fuels The Fuels segment comprises the sales and marketing of liquid fuels produced in South Africa. Sasol supplies approximately 40% of South Africa's domestic fuel need through retail and wholesale channels. Liquid fuels are blended from fuel components produced by the Secunda Operations, crude oil refined at Natref, as well as some products purchased from other refiners. Liquid fuel products are sold under both short- and long-term agreements for both retail sales and commercial sales, including sales to other oil companies. Liquid fuel prices are mainly driven by the Basic Fuel Price (BFP). Sales through wholesale is at BFP plus costs such as transportation and storage. For commercial sales and sales to other oil companies, the prices are fixed and determinable according to the specific contract, with periodic price adjustments. Turnover is recognised as follows: Delivery terms Control passes to the customer: On-delivery At the point in time when the fuel is delivered onto the rail tank car, road tank truck or into the pipeline. Free Carrier At the point in time when the goods are unloaded to the port of shipment; Sasol is not responsible for the freight and insurance. Carriage Paid To Products: At the point in time when the product is delivered to a specified location or main carrier. Freight: Over the period of transporting the goods to the customer’s nominated place – where the seller is responsible for freight costs, which are included in the contract. The Fuels business also develops, implements and manages the group’s international business ventures based on Sasol’s proprietary gas-to-liquids (GTL) technology. Sasol holds 49% in ORYX GTL in Qatar. Chemicals Business Chemical products are grouped into Advanced Materials, Base Chemicals, Essential Care Chemicals and Performance Solutions. The Chemicals Businesses sell the majority of their products under contracts at prices determinable from such agreements. Turnover is recognised in accordance with the related contract terms, at the point at which control transfers to the customer and prices are determinable and collectability is probable. The point of delivery is determined in accordance with the contractual agreements entered into with customers which are as follows: Delivery terms Control passes to the customer: Ex-tank sales At the point in time when products are loaded into the customer’s vehicle or unloaded from the seller’s storage tanks. Ex-works At the point in time when products are loaded into the customer’s vehicle or unloaded at the seller’s premises. Carriage Paid To (CPT); Cost Insurance Freight (CIF); Carriage and Insurance Paid (CIP); and Cost Freight Railage (CFR) Products — CPT: At the point in time when the product is delivered to a specified location or main carrier. Products — CIF, CIP and CFR: At the point in time when the products are loaded into the transport vehicle. Carriage, freight and insurance: Over the period of transporting the products to the customer’s nominated place — where the seller is responsible for carriage, freight and insurance costs, which are included in the contract. Free on Board At the point in time when products are loaded into the transport vehicle; the customer is responsible for shipping and handling costs. Delivered at Place At the point in time when products are delivered to and signed for by the customer. Consignment Sales As and when products are consumed by the customer. Corporate Centre The Corporate Centre includes head office and centralised treasury operations.

Statement of compliance

Statement of compliance	12 Months Ended
Statement of compliance	Jun. 30, 2021
Statement of compliance
Statement of compliance	1 Statement of compliance The consolidated financial statements are prepared in compliance with International Financial Reporting Standards (IFRS) and Interpretations of those standards, as issued by the International Accounting Standards Board, the SAICA Financial Reporting Guides as issued by the Accounting Practices Committee and Financial Reporting Pronouncements as issued by Financial Reporting Standards Council and the South African Companies Act, 2008. The consolidated financial statements were approved for issue by the Board of Directors on 16 August 2021 and will be presented to shareholders at the Annual General Meeting on 19 November 2021. Basis of preparation of financial results The consolidated financial statements are prepared using the historic cost convention except that, certain items, including derivative instruments, liabilities for cash-settled share-based payments, financial assets at fair value through profit or loss and financial assets designated at fair value through other comprehensive income, are stated at fair value. The consolidated financial results are presented in rand, which is Sasol Limited’s functional and presentation currency, rounded to the nearest million. The consolidated financial statements are prepared on the going concern basis. Refer to note 2. Change in reportable segment information The reportable segment information has been aligned to the group’s new operating model which came into effect on 1 June 2021. Our new operating model enables improved decision-making in our two businesses, Energy and Chemicals. The new operating model structure reflects how the results are reported to the Chief Operating Decision Maker (CODM). Refer to the Segment information on page 8 for more information. Change in revenue disaggregation Pursuant to the change in our operating model, the Chemicals Business has been re-organised into three regional operating segments i.e. Africa, America and Eurasia, supported by four divisions comprising Advanced Materials, Base Chemicals, Essential Care Chemicals and Performance Solutions. All internal and external reporting relating to the Chemicals Business have been rearranged accordingly. Revenue, which was previously disaggregated according to the grouping of product lines under the old operating model, has been updated to reflect the new divisional product lines. The disaggregation of revenue for the Energy segments did not change materially. The comparative figures have also been aligned to the new format. Refer to note 3. Change in presentation of assets under construction (reclassification) Assets under construction were previously presented as a separate class of assets on the statement of financial position. From the current year, assets under construction are classified as a separate class of property, plant and equipment. Over the last two years, the LCCP units reaching beneficial operation has resulted in a significant decrease in the balance of assets under construction. Accordingly, the separate classification of assets under construction is no longer relevant to understanding the group’s financial position. The accounting policies in respect of assets under construction have not been amended. The comparative figures have been reclassified. For this financial reporting period the group has presented a third statement of financial position by including a set of numbers as at the beginning of the preceding period to assist with the impact of the reclassification. 1 Statement of compliance continued Errors in calculation of the South African integrated value chain impairments (revision) During the year, the Company identified the following prior period errors relating to its impairment calculations: As part of an independent management review of the South African integrated value chain it was determined that a portion of the gas feedstock purchase cost has erroneously been omitted from the South African integrated value chain impairment assessment since 2015, leading to an overstated valuation of the Company’s gas dependent value chains and therefore the incorrect calculation of impairments to be recognised. This error mainly impacts the Polyethylene, Chlor Vinyls, Chemical Work Up & Heavy Alcohols, Methanol, Ammonia and Wax value chains. Impairments recognised since the 2017 financial year are impacted by this error and are accounted for by correcting the 1 July 2019 opening retained earnings. During the current year it was determined that the Ammonia CGU carrying value used in the 2020 impairment assessment was understated as a result of an error in the carrying value calculation. The resulting impairment charge was therefore also understated by R In order to assess the impact of the prior period errors identified, the Company applied SEC Staff Accounting Bulletin (“SAB”) No 108, 'Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements'. SAB No 108 states that registrants must quantify the impact of correcting all misstatements on all periods presented, including both the carryover (iron curtain method) and reversing (rollover method) effects of prior year misstatements on the current year financial statements, and by evaluating the misstatement measured under each method in light of quantitative and qualitative factors. Under SAB No 108, prior year misstatements which, if corrected in the current year would be material to the current year, must be corrected by adjusting prior year financial statements, even though such correction previously was and continues to be immaterial to the prior year financial statements. Correcting prior year financial statements for such immaterial errors does not require previously issued or filed financial statements to be amended. In accordance with SAB No 99 'Materiality', the Company evaluated the effect of the prior period errors, both quantitatively and qualitatively, and concluded that the correction did not have a material impact on, nor require amendment of, any of the Company’s previously issued or filed financial statements taken as a whole. However, if the adjustments to correct the cumulative errors had been recorded in 2021, the Company believes the impact would have been material to the 2021 annual results and would have impacted comparisons to prior periods. The conclusions above in terms of SAB No 99 and SAB No 108 are consistent with the requirements of IAS 8 'Accounting Policies, Changes in Accounting Estimates and Errors', as well as principles of IFRS. 1 Statement of compliance continued Accordingly, the Company has revised its previously reported results and related disclosures as follows: As reported on As adjusted on 30 June 2019 Reclassification Revision 1 July 2019 for the year ended 30 June Rm Rm Rm Rm Statement of financial position Property, plant and equipment 233 549 127 764 (3 731) 357 582 Assets under construction 127 764 (127 764) — — Non-current assets 391 953 — (3 731) 388 222 Deferred tax liability 27 586 — (1 045) 26 541 Non-current liabilities 195 075 — (1 045) 194 030 Statement of changes in equity Retained earnings* 181 416 — (2 686) 178 730 Total equity 225 795 — (2 686) 223 109 Income statement Depreciation and amortisation (17 968) — 154 (17 814) Operating profit before remeasurement items 28 342 — 154 28 496 Remeasurement items (18 645) — (1 417) (20 062) Earnings before interest and tax (EBIT) 9 697 — (1 263) 8 434 Taxation (3 157) — 354 (2 803) Earnings for the year 6 074 — (909) 5 165 Statement of comprehensive income Total comprehensive income for the year 7 162 — (909) 6 253 Rand Rand Rand Rand Basic earnings per share 6,97 — (1,47) 5,50 Headline earnings per share 30,72 — 0,18 30,90 Dilute earnings per share 6,93 — (1,47) 5,46 Diluted headline earnings per share 30,54 — 0,17 30,71 * Cumulative error of R 1 777 million for financial years preceding 2019 have been corrected by revising the 1 July 2019 opening retained earnings. 1 Statement of compliance continued As reported on As adjusted on 30 June 2020 Reclassification Revision* 30 June 2020 for the year ended 30 June Rm Rm Rm Rm Statement of financial position Property, plant and equipment 204 470 27 802 (4 627) 227 645 Assets under construction 27 802 (27 802) — — Non-current assets 301 193 — (4 627) 296 566 Deferred tax liability 20 450 — (1 296) 19 154 Non-current liabilities 226 796 — (1 296) 225 500 Statement of changes in equity Retained earnings** 90 890 — (3 331) 87 559 Total equity 159 248 — (3 331) 155 917 Income statement Depreciation and amortisation (22 575) — 248 (22 327) Operating (loss)/profit before remeasurement items (196) — 248 52 Remeasurement items (110 834) — (1 144) (111 978) Loss before interest and tax (LBIT) (111 030) — (896) (111 926) Taxation 26 139 — 251 26 390 Loss for the year (91 272) — (645) (91 917) Statement of comprehensive income Total comprehensive loss for the year (67 354) — (645) (67 999) Rand Rand Rand Rand Basic loss per share (147,45) — (1,04) (148,49) Headline loss per share (11,79) — 0,29 (11,50) Dilute loss per share (147,45) — (1,04) (148,49) Diluted headline loss per share (11,79) — 0,29 (11,50) * Including impact of 2019 error. The impact of the Ammonia error was R 1,3 billion (R 937 million net of tax). ** Cumulative error of R 1 777 million for financial years preceding 2019 have been corrected by revising the 1 July 2019 opening retained earnings. The revision had no impact on earnings attributable to non-controlling shareholders. The reclassification and revision are non-cash adjustments and therefore do not impact any other line items on the statement of cash flows. The revision impacted the results of the Chemicals Africa segment, refer to page 8. Accounting policies The accounting policies applied in the preparation of these consolidated financial statements are in terms of IFRS and are consistent with those applied in the consolidated annual financial statements for the year ended 30 June 2020, except for the adoption of certain amendments to existing standards as detailed below. These accounting policies are consistently applied throughout the group. 1 Statement of compliance continued Accounting standards, interpretations and amendments to published accounting standards In the prior financial year, the group early adopted the Interest Rate Benchmark Reform Phase 1 Amendments to IFRS 9 ‘Financial Instruments’, IAS 39 ‘Financial Instruments: Recognition and Measurement’ and IFRS 7 ‘Financial Instruments: Disclosures’ (Phase 1). These amendments modify specific hedge accounting requirements to allow hedge accounting to continue for affected hedges during the period of uncertainty before the hedged items or hedging instruments are amended as a result of the interest rate benchmark reform. In the current year, the group has elected to early adopt the Interest Rate Benchmark Reform – Phase 2 Amendments to IFRS 9 ‘Financial Instruments’, IAS 39 ‘Financial Instruments: Recognition and Measurement’, IFRS 7 ‘Financial Instruments: Disclosures’, IFRS 4 ‘Insurance Contracts’ and IFRS 16 ‘Leases’ (Phase 2) which was issued in August 2020. In accordance with the transition provisions, the amendments have been adopted retrospectively to hedging relationships and financial instruments. The adoption of the amendments had no impact on the comparative period, and therefore comparative amounts have not been revised, which resulted in no impact on the current period opening reserves amounts on adoption. Both the Phase 1 and Phase 2 amendments are relevant to the group as the group has exposure to the variable US dollar London Interbank Overnight Rate (LIBOR) through various instruments including term loans, revolving credit facilities, as well as an interest rate swap which has been designated as a hedging instrument in a cash flow hedge. As a result of the Phase 2 amendments: ● When the contractual terms of the group’s borrowings are amended as a direct consequence of the interest rate benchmark reform and the new basis for determining the contractual cash flows is economically equivalent to the basis immediately preceding the change, the group changes the basis for determining the contractual cash flows prospectively by revising the effective interest rate. If additional changes are made, which are not directly related to the reform, the applicable requirements of IFRS 9 are applied to the other amendments. ● When changes are made to the hedging instruments, hedged item and hedged risk as a result of the interest rate benchmark reform, the group will update the hedge documentation without discontinuing the hedging relationship and the cumulative gain or loss in the cash flow hedge accounting reserve will be deemed to be based on the alternative benchmark rate. The group is still assessing its approach to implementing the transition. As at 30 June 2021 no modifications to any of the group’s derivative or non-derivative financial instruments have been made in response to the reform. Negotiations with counterparties on appropriate changes and resetting of rates are expected to continue in the following months. Management expects that the transition will be concluded on an economically equivalent basis. The following table contains details of all of our financial instruments at 30 June 2021 which reference the US LIBOR and have not yet transitioned to an alternative interest rate benchmark: 2021 Rm Financial liabilities measured at amortised cost US$ term loan 20 699 US$ Revolving credit facility 9 878 Derivative liability Interest rate swap 2 103 32 680 1 Statement of compliance continued Furthermore, the Financial Stability Board has initiated a fundamental review and reform of the major interest rate benchmarks tasked globally by financial market participants. This review seeks to replace existing interbank offered rates (IBORs) with alternative risk-free rates (ARRs) to improve market efficiency and mitigate systemic risk across financial markets. The South African Revenue Bank ("SARB") has indicated their intention to move away from Johannesburg Interbank Average Rate (JIBAR) and to create an alternative reference rate for South Africa. This reform is at various stages globally, a suitable alternative for South Africa is only expected to be announced in a few years’ time. Accordingly, there is uncertainty surrounding the timing and manner in which the transition would occur and how this would affect various financial instruments held by the group. Management is monitoring developments in this reform. The following amendments to IFRS were mandatorily effective for the first time from 1 July 2020: ● Amendments to IFRS 3 ‘Business Combinations’ on the definition of a ‘business’; and ● Amendments to IAS 1 ‘Presentation of Financial Statements’ and IAS 8 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ on the definition of ‘material’. The following amendments to IFRS were early adopted by the group effective from 1 July 2020: ● Amendments to IFRS 16 ‘Leases’ to extend the optional relief with regards to COVID-19-related rent concessions; ● Amendments to IAS 1 ‘Presentation of Financial Statements’ and IFRS Practice Statement 2 with regards to the disclosure of accounting policies; ● Amendments to IAS 8 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ relating to the definition of ‘accounting estimates’; and ● Amendments to IAS 12 ‘Income Taxes’ relating to deferred tax on assets and liabilities arising from a single transaction. The adoption of these amendments had no material impact on the consolidated financial statements. Accounting standards, interpretations and amendments not yet effective IFRS 17 ‘Insurance Contracts’ IFRS 17 requires insurance liabilities to be measured at a current fulfilment value and provides a more uniform measurement and presentation approach for all insurance contracts. IFRS 17 supersedes IFRS 4 ‘Insurance Contracts’. IFRS 17 is effective for the group from 1 July 2023, will be applied prospectively and is not expected to significantly impact the group. Amendments to IAS 1 ‘Presentation of Financial Statements’ The amendments provide guidance on the classification of liabilities as current or non-current in the statement of financial position and does not impact the amount or timing of recognition of any asset, liability income or expenses, or the information that entities disclose about those items. They clarify that the classification of liabilities as current or non-current should be based on rights that are in place at the end of the reporting period which enable the reporting entity to defer settlement by at least twelve months. The amendments further make it explicit that classification is unaffected by expectations about whether an entity will exercise its right to defer settlement of a liability. The amendments are effective for the group from 1 July 2023, will be applied retrospectively and are not expected to significantly impact the group.

Going concern

Going concern	12 Months Ended
Going concern	Jun. 30, 2021
Going concern
Going concern	2 Going concern Introduction In determining the appropriate basis of preparation of the annual financial statements, the directors are required to consider whether the Sasol Group (Group) can continue in operational existence for the foreseeable future. Solvency and Liquidity Solvency At 30 June 2021, after impairments, the valuations of the Group’s assets indicate that their recoverable amount exceed their carrying values as well as the external debt. The asset base of the Group comprises mainly tangible assets with significant value, reflected in the records of the underlying businesses. As such, the Board is of the view that given the sufficient headroom in the recoverable amount of the assets over the fair value of the liabilities (including contingent liabilities), the Group is solvent as at 30 June 2021 and at the date of this report. At 30 June 2021, the balance sheet saw an improvement in the gearing at 61,5% (30 June 2020: 117%) and Net debt: EBITDA of 1,5 times (30 June 2020: 4,3 times) (based on the Revolving Credit facility and US dollar term loan covenant definition), well below the re-instated June 2021 covenant level of 3,0 times. The Group is targeting Net debt: EBITDA to remain within our covenant levels in the foreseeable future. The Group will achieve this through cash generated from operations as well as proceeds from the accelerated asset divestment programme. Liquidity management At 30 June 2021, the Group had cash and cash equivalents of R 31,0 34,1 54,7 Increased cash generation, through delivery of Sasol’s self-help measures and asset disposals contributed to balance sheet deleveraging and complying with debt covenant levels at 30 June 2021. Conclusion The events and conditions described above indicate considerable improvement in the liquidity position of the Group at 30 June 2021 compared to 30 June 2020. Based on the above, the Directors are therefore of the opinion that the going concern assumption is appropriate in the preparation of the consolidated financial statements.

Turnover

Turnover	12 Months Ended
Turnover	Jun. 30, 2021
Turnover
Turnover	3 Turnover 2021 2020 2019 for the year ended 30 June Rm Rm Rm Turnover Revenue by major product line Energy business 65 676 67 415 85 536 Coal 1 2 025 1 343 3 222 Liquid fuels and crude oil 2 58 265 60 119 76 328 Gas (methane rich and natural gas) and condensate 3 5 386 5 953 5 986 Chemicals business 133 136 119 840 114 832 Advanced materials 4 7 380 7 200 7 349 Base chemicals 5 45 684 40 262 34 967 Essential care 6 44 314 40 112 41 084 Performance solutions 7 35 758 32 266 31 432 Other (Technology, refinery services) 9 2 288 2 313 2 308 Revenue from contracts with customers 201 100 189 568 202 676 Revenue from other contracts 8 810 799 900 201 910 190 367 203 576 1 Derived from Mining segment. 2 Derived from Fuels segment. 3 Derived from Gas segment. 4 Approximately 37% (2020 – 29%; 2019 – 28%) of revenue from advanced materials is derived from Chemicals Africa while 52% (2020 - 56%; 2019 - 57%) is derived from Chemicals Eurasia and the remaining revenue is derived from Chemicals America. 5 Approximately 59% (2020 – 59%; 2019 – 74%) of revenue from base chemicals is derived from Chemicals Africa while 33% (2020 – 29%; 2019 – 18%) is derived from Chemicals America and the remaining revenue is derived from Chemicals Eurasia. 6 Approximately 70% of revenue from essential care products is derived from Chemicals Eurasia and approximately 30% is derived from Chemicals America for all three years presented. 7 Approximately 70% of revenue from performance solutions is derived from Chemicals Eurasia and approximately 15% from Chemicals America and Chemicals Africa each for all three years presented. 8 Relates to the Fuels segment and includes franchise rentals, use of fuel tanks and fuel storage. 9 Relates to the Gas and Fuels segments. The disaggregation of revenue was updated in the current year and comparatives have been revised - refer to note 1. Accounting policies: Revenue from contracts with customers is recognised when the control of goods or services has transferred to the customer through the satisfaction of a performance obligation. Group performance obligations are satisfied at a point in time and over time, however the group mainly satisfies its performance obligations at a point in time. For further information on revenue recognition, refer to Segment information on pages 10 to 12. 3 Turnover continued Revenue recognised reflects the consideration that the group expects to be entitled to for each distinct performance obligation after deducting indirect taxes, rebates and trade discounts and consists primarily of the sale of fuels,oil, natural gas and chemical products, services rendered, license fees and royalties. The group allocates revenue based on stand-alone selling prices. The group enters into exchange agreements with the same counterparties for the purchase and sale of inventory that are entered into in contemplation of one another. When the items exchanged are similar in nature, these transactions are combined and accounted for as a single exchange transaction. The exchange is recognised at the carrying amount of the inventory transferred. Revenue from arrangements that are not considered contracts with customers, mainly pertaining to franchise rentals, use of fuel tanks and fuel storage, is presented as revenue from other contracts. The period between the transfer of the goods and services to the customer and the payment by the customer does not exceed 12 months and the group does not adjust for time value of money.

Materials, energy and consumabl

Materials, energy and consumables used	12 Months Ended
Materials, energy and consumables used	Jun. 30, 2021
Materials, energy and consumables used
Materials, energy and consumables used	4 Materials, energy and consumables used 2021 2020 2019 for the year ended 30 June Rm Rm Rm Cost of raw materials 71 016 78 030 79 774 Cost of energy and other consumables used in production process 14 354 12 079 10 815 85 370 90 109 90 589 Costs relating to items that are consumed in the manufacturing process, including changes in inventories and distribution costs up until the point of sale. Purchase commitments 2021 2020 2019 for the year ended 30 June Rm Rm Rm Contractual obligations Within one year 27 459 23 121 25 760 One to five years 35 182 32 430 24 030 More than five years 69 351 74 295 9 869 131 992 129 846 59 659 The group enters into off-take agreements in the ordinary course of business, the most significant of which relates to oxygen supply agreements for Secunda Operations of R85 013 million (2020: R36 998 million) and ORYX GTL of R1 748 million (2020: R1 739 million) for a contracted minimum off-take gas volume. The Oxygen Train 17 oxygen supply agreement runs to 2037, with an option to renew the contract to 2050. The renewal option is not taken into account in the calculation of the commitments. The Oxygen Trains 1 - 16 arrangement is managed through various agreements, including the Gas Sales Agreement (GSA), Utilities Agreement and a suite of other contracts. In terms of the Utilities Agreement, Sasol is contractually bound to buy oxygen and other derivative gasses from Air Liquide annually, while Air Liquide is bound to buy utilities from Sasol for the same amount for 15 years.

Employee-related expenditure

Employee-related expenditure	12 Months Ended
Employee-related expenditure	Jun. 30, 2021
Employee-related expenditure
Employee-related expenditure	5 Employee-related expenditure 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Analysis of employee costs Labour 31 683 30 266 30 706 salaries, wages and other employee-related expenditure 29 786 27 964 28 665 post-retirement benefits* 1 897 2 302 2 041 Share-based payment expenses 1 905 1 741 1 219 equity-settled 36 1 927 1 946 1 659 cash-settled (22) (205) (440) Total employee-related expenditure 33 588 32 007 31 925 Costs capitalised to projects (740) (1 340) (1 997) Per income statement 32 848 30 667 29 928 * Employer contributions to the retirement funds were suspended for the period 1 May 2020 to 31 July 2020. These were then reinstated due to Sasol’s improved liquidity position. The total number of permanent and non-permanent employees, in approved positions, including the group’s share of employees within joint operation entities and excluding contractors, joint ventures’ and associates’ employees, is analysed below: 2021 2020 2019 for the year ended 30 June Number Number Number Permanent employees 28 725 30 670 31 112 Non-permanent employees 224 331 317 28 949 31 001 31 429 Employee numbers were impacted by business disposals including employees transferred to Enaex Africa (968 employees) and LyondellBasell (401 employees).

Translation gains_(losses)

Translation gains/(losses)	12 Months Ended
Translation gains/(losses)	Jun. 30, 2021
Translation gains/(losses)
Translation gains/(losses)	6 Translation gains/(losses) 2021 2020 2019 for the year ended 30 June Rm Rm Rm Arising from Trade and other receivables (1 233) 1 275 98 Trade and other payables 158 (891) (372) Foreign currency loans* 6 318 (6 946) 965 Other 267 20 (87) 5 510 (6 542) 604 * Relates to intergroup exposure on foreign currency loans. A portion of the LCCP has been financed with US dollar funds through intergroup loans.

Other operating expenses and in

Other operating expenses and income	12 Months Ended
Other operating expenses and income	Jun. 30, 2021
Other operating expenses and income
Other operating expenses and income	7 Other operating expenses and income 2021 2020 2019 for the year ended 30 June Rm Rm Rm Rentals 1 — — 1 845 Insurance 739 681 514 Computer costs 2 563 2 469 2 155 Hired labour 565 844 786 Audit remuneration 136 144 97 Derivative (gains)/losses (including foreign exchange contracts) 2 (2 282) 6 997 2 465 Professional fees 2 828 2 067 2 226 Enablement of digital and continuous improvement initiatives 434 333 454 Other 3 2 394 1 734 1 772 Changes in rehabilitation provisions 4 (361) (2 078) 1 096 Expected credit losses (released)/raised (87) 418 470 Other expenses 5 10 022 10 738 9 410 Other operating income 6 (2 024) (1 446) (1 363) 12 099 20 834 19 701 1 Relates to the application of IFRS 16, as leases previously classified as operating leases under IAS 17 are now capitalised . 2 Relates mainly to the group’s hedging activities.Refer to page 124. 3 The 2021 increase relates mainly to standby underwriters fees, legal fees and other cost incurred in relation to the potential rights issue which was announced on 17 March 2020. 4 R 674 million (2020 - R 1,3 billion; 2019 — R 688 million) relates to the change in discount rates applied in calculating the rehabilitation provision, while R 412 million relates to additional provisions and changes to existing provisions. 5 The 2020 increase relates to R 586 million for the Oxygen Train 17 oxygen supply agreement with Air Liquide, which was recognised as a finance lease under IAS 17. With the adoption of IFRS 16 the agreement was recognised as a service agreement. 6 The 2021 increase relates to income from emission right sales in Germany and Italy.

Net finance costs

Net finance costs	12 Months Ended
Net finance costs	Jun. 30, 2021
Net finance costs
Net finance costs	8 Net finance costs 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Finance income Dividends received from investments – 44 42 Notional interest received 4 102 — Interest received on 852 776 745 other long-term investments 40 28 27 loans and receivables 199 293 334 cash and cash equivalents 613 455 384 Per income statement 856 922 787 Less: notional interest (4) (102) — Less: interest received on tax (15) (28) (105) Per the statement of cash flows 837 792 682 Finance costs Debt 5 238 8 226 6 088 debt 4 855 8 090 6 044 interest rate swap – net settlements 383 136 44 Preference share dividends – — 116 Interest on lease liabilities 1 488 1 465 871 Other¹ 84 52 (462) 6 810 9 743 6 613 Amortisation of loan costs 17 160 135 725 Notional interest 33 668 945 857 Total finance costs 7 638 10 823 8 195 Amounts capitalised to assets under construction a class of Property, plant and equipment² 20 (880) (3 520) (6 942) Per income statement 6 758 7 303 1 253 Total finance costs before amortisation of loan costs and notional interest 6 810 9 743 6 613 Add: modification (loss)/gain 17 – (1 193) 109 Less: interest accrued on long-term debt, lease liabilities and short-term debt (637) (1 412) (1 025) Less: interest reversed on tax payable – 16 525 Per the statement of cash flows 6 173 7 154 6 222 1 Interest accrued on tax payable in 2019 relates mainly to our tax litigation claim. 2 Finance costs capitalised decreased due to the LCCP units reaching beneficial operation.

Earnings_(loss) and dividends p

Earnings/(loss) and dividends per share	12 Months Ended
Earnings/(loss) and dividends per share	Jun. 30, 2021
Earnings/(loss) and dividends per share
Earnings/(loss) and dividends per share	9 Earnings/(loss) and dividends per share 2021 2020 2019 for the year ended 30 June Rand Rand Rand Attributable to owners of Sasol Limited Basic earnings/(loss) per share 14,57 (148,49) 5,50 Headline earnings/(loss) per share 39,53 (11,50) 30,90 Diluted earnings/(loss) per share 14,39 (148,49) 5,46 Diluted headline earnings/(loss) per share 39,03 (11,50) 30,71 Dividends per share – – 5,90 interim – – 5,90 final – – – Earnings per share (EPS) Earnings per share is derived by dividing attributable earnings by the weighted average number of shares, after taking the long-term incentives (LTIs) and the Sasol Khanyisa share transactions into account. Appropriate adjustments are made in calculating diluted, headline and diluted headline earnings per share. for the year ended 30 June 2021 2020 2019 Weighted average number of shares million 619,9 617,9 616,6 Earnings/(loss) attributable to owners of Sasol Limited Rm 9 032 (91 754) 3 389 Basic earnings/(loss) per share Rand 14,57 (148,49) 5,50 Headline earnings/(loss) per share (HEPS) 2021 2020 2019 for the year ended 30 June million million million Weighted average number of shares 619,9 617,9 616,6 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Headline earnings/(loss) is determined as follows: Earnings/(loss) attributable to owners of Sasol Limited 9 032 (91 754) 3 389 Adjusted for: Effect of remeasurement items for subsidiaries and joint operations, net of tax 10 15 448 84 648 15 648 remeasurement items before tax 23 218 111 978 20 062 tax effect and non-controlling interest effect (7 770) (27 330) (4 414) Effect of remeasurement items for equity accounted investments 10 23 — 15 Headline earnings/(loss) 24 503 (7 106) 19 052 2021 2020 2019 for the year ended 30 June Rand Rand Rand Headline earnings/(loss) attributable to owners of Sasol Limited Headline earnings/(loss) per share 39,53 (11,50) 30,90 9 Diluted earnings per share (DEPS) and diluted headline earnings per share (DHEPS) DEPS and DHEPS are calculated considering the potential dilution that could occur if all of the group’s long-term incentives (LTIs) had vested, if all outstanding share options were exercised and the effect of all dilutive potential ordinary shares resulting from the Sasol Khanyisa Tier 1 share transactions. The number of shares outstanding is adjusted to show the potential dilution if the LTI’s and Sasol Khanyisa Tier 1 were settled in Sasol Limited shares. The Sasol Khanyisa Tier 2 and Khanyisa Public are anti-dilutive for EPS and HEPS in 2021, 2020 and 2019. Number of shares 2021 2020 2019 for the year ended 30 June million million million Weighted average number of shares 619,9 617,9 616,6 Potential dilutive effect of long-term incentive scheme 3,8 2,6 2,9 Potential dilutive effect of Sasol Khanyisa Tier 1 4,1 1,8 0,8 Diluted weighted average number of shares for DEPS and DHEPS* 627,8 622,3 620,3 * Due to the net loss attributable to shareholders in 2020, the inclusion of the long-term incentive scheme and Khanyisa Tier 1 share options as potential ordinary shares had an anti-dilutive effect on the loss per share and were therefore not taken into account in the 2020 calculation of DEPS and HEPS. 2021 2020 2019 for the year ended 30 June Rm Rm Rm Diluted earnings/(loss) is determined as follows: Earnings/(loss) attributable to owners of Sasol Limited 9 032 (91 754) 3 389 Diluted earnings/(loss) attributable to owners of Sasol Limited 9 032 (91 754) 3 389 Diluted headline earnings/(loss) is determined as follows: Headline earnings/(loss) attributable to owners of Sasol Limited 24 503 (7 106) 19 052 Diluted headline earnings/(loss) attributable to owners of Sasol Limited 24 503 (7 106) 19 052 2021 2020 2019 for the year ended 30 June Rand Rand Rand Diluted earnings/(loss) per share 14,39 (148,49) 5,46 Diluted headline earnings/(loss) per share 39,03 (11,50) 30,71

Remeasurement items affecting o

Remeasurement items affecting operating profit	12 Months Ended
Remeasurement items affecting operating profit	Jun. 30, 2021
Remeasurement items affecting operating profit
Remeasurement items affecting operating profit	10 Remeasurement items affecting operating profit Effect of remeasurement items for subsidiaries and joint operations 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Impairment of 34 200 112 736 19 868 property, plant and equipment 20 33 973 108 575 19 850 right of use assets 18 35 3 322 — other intangible assets 80 839 11 equity accounted investment 112 — — other assets — — 7 Reversal of impairment of (5 468) — (949) property, plant and equipment 20 (5 440) — (949) right of use assets 18 (2) — — other intangible assets (26) — — (Profit)/loss on 11 (5 520) (715) 1 109 disposal of property, plant and equipment (96) 25 (32) disposal of other intangible assets (130) — — disposal of other assets 52 148 — disposal of businesses (5 615) (1 684) (267) disposal and scrapping of property, plant and equipment 269 796 1 408 Write-off of unsuccessful exploration wells 20 6 (43) 34 Remeasurement items per income statement 23 218 111 978 20 062 Tax effect (7 771) (26 399) (4 409) Non-controlling interest effect 1 (931) (5) Total remeasurement items for subsidiaries and joint operations, net of tax 15 448 84 648 15 648 Effect of remeasurement items for equity accounted investments 23 — 15 Total remeasurement items for the group, net of tax 15 471 84 648 15 663 Impairment/reversal of impairments The group's non-financial assets, other than inventories and deferred tax assets, are assessed for impairment indicators and indicators for the reversal of impairment at each reporting date or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverable amounts are estimated for individual assets or, where an individual asset cannot generate cash inflows independently, the recoverable amount is determined for the larger cash generating unit to which it belongs. Impairment calculations The recoverable amount of the assets reviewed for impairment is determined based on the higher of the fair value less costs to sell or value-in-use calculations. Key assumptions relating to this valuation include the discount rate and cash flows. Future cash flows are estimated based on financial budgets covering a five year period and extrapolated over the useful life of the assets to reflect the long term plans for the group using the estimated growth rate for the specific business or project. Where reliable cash flow projections are available for period longer than five years, those budgeted cash flows are used in the impairment calculation. The estimated future cash flows and discount rate are post-tax, based on the assessment of current risks applicable to the specific entity and country in which it operates. Discounting post-tax cash flows at a post-tax discount rate yields the same results as discount pre-tax cash flows at a pre-tax discount rate, assuming there are no significant temporary tax differences. 10 Remeasurement items affecting operating profit continued Main assumptions used for impairment calculations 2021 2020 2019 Long-term average crude oil price (Brent) (nominal)* US$/bbl 70,09 59,69 71,17 Long-term average ethane price (nominal)* US$c/gal 37,18 32,79 39,04 Long-term average ammonia price* Rand/ton 5 297,00 4 664,32 4 258,54 Long-term average Southern African gas purchase price (real)* US$c/Gj 8,41 7,10 4,86 Long-term average refining margin (nominal)* US$/bbl 9,67 9,43 10,16 Long-term average exchange rate* Rand/US$ 14,57 15,20 14,29 * Assumptions are provided on a long-term average basis. Oil and ammonia prices and exchange rate assumptions are calculated based on a five year period, while the ethane price is based on a ten year period. The refining margin is calculated until 2034, linked to the Sasolburg refinery's useful life. The Southern African gas purchase price is calculated until 2050, linked to the South African integrated value chain's useful life. United South States of Africa America Europe % % % Growth rate — long-term Producer Price Index 2021 5,50 2,00 2,00 Weighted average cost of capital* 2021 14,03 7,70 7,70 – 9,05 Growth rate — long-term Producer Price Index 2020 5,50 2,00 2,00 Weighted average cost of capital* 2020 14,22 7,66 7,66 – 9,79 Growth rate — long-term Producer Price Index 2019 5,50 2,00 2,00 Weighted average cost of capital* 2019 13,12 7,18 7,18 – 9,48 * Calculated using spot market factors on 30 June. Areas of judgement: Management determines the expected performance of the assets based on past performance and its expectations of market developments. By their very nature, cash flow projections involve inherent risks and uncertainties which have been further aggravated by the effect of COVID-19. The group adjusted cash flow projections and budgets accordingly. These adjustments took into account the impact of the pandemic on revenue and margins as well as the expected periods of recovery from the pandemic for each individual cash generating unit. The weighted average growth rates used are consistent with the increase in the geographic segment long-term Producer Price Index. Estimations are based on a number of key assumptions such as volume, price and product mix which will create a basis for future growth and gross margin. These assumptions are set in relation to historic figures and external reports. The continued impact of the COVID-19 pandemic is incorporated in our pricing assumptions through the use of the average June 2021 views obtained from two independent consultancies that reflect their current views on market development. If necessary, these cash flows are then adjusted to take into account any changes in assumptions or operating conditions that have been identified subsequent to the preparation of the budgets. Climate related risks such as carbon tax and the cost of energy have been incorporated in the cash flow projections where reasonable and supportable. The weighted average cost of capital rate (WACC) is derived from a pricing model. The variables used in the model are established on the basis of management judgement and current market conditions. Management judgement is also applied in estimating future cash flows and defining of cash-generating units. These values are sensitive to the cash flows projected for the periods for which detailed forecasts are not available and to the assumptions regarding the long-term sustainability of the cash flows thereafter. 10 Remeasurement items affecting operating profit continued Determining as to whether, and by how much, cost incurred on a project is abnormal and needs to be scrapped involves judgement. The factors considered by management include the scale and complexity of the project, the technology being applied and guidance from experts in terms of what constitute abnormal wastage on the project. Significant impairment/(reversal of impairment) of assets in 2021 Property, Other plant and Right of intangible Recoverable equipment use assets assets Other Total amount* 2021 2021 2021 2021 2021 2021 Segment and Cash-generating unit (CGU) Rm Rm Rm Rm Rm Rm Fuels Segment Secunda liquid fuels refinery 24 456 — — — 24 456 23 232 Chemicals Africa segment Southern Africa Wax value chain 7 863 — — — 7 863 2 748 Chlor Alkali and PVC 1 094 — — — 1 094 393 Chemicals America segment US Phenolics assets 351 30 79 — 460 — Ethylene Oxide/Ethylene Glycol (EO/EG) (4 906) (2) (26) — (4 934) 110 113 Gas segment Sasol Canada - Shale gas assets (521) — — — (521) 357 Other 196 5 1 112 314 — 28 533 33 54 112 28 732 * The recoverable amounts reflect the CGU's contribution to the integrated value chain and have been determined as described in the accounting policies below. Other than for the CGU's specifically mentioned, all of the remaining CGU's have sufficient headroom and no reasonable changes to assumptions applied would result in any impairment or reversal of impairment. Description of impairment and sensitivity to changes in assumptions: Management has considered the sensitivity of the impairment calculations to various key assumptions such as crude oil and gas prices, commodity prices and exchange rates. These sensitivities have been taken into consideration in determining the required impairments and reversals of impairments. The following assets are particularly impacted by changes in key assumptions: Secunda liquid fuels refinery The Secunda liquid fuels refinery saw a significant decrease in its recoverable amount largely due to higher cost to procure gas in the longer term as well as a stronger forecasted rand/US dollar exchange rate and lower long-term oil price outlook over the remaining life of the CGU which impacted negatively on the forecasted Basic Fuel Price (BFP), despite the short-term recovery in oil prices. The performance of the CGU is highly sensitive to changes in the discount rate, crude oil prices, the rand/US$ exchange rate and the cost to procure gas in the long-term. A 1% increase (or decrease 10 Remeasurement items affecting operating profit continued Southern Africa Wax value chain The impairment on the Wax value chain was driven by higher cost to procure gas in the longer term, lower sales volumes and prices due to reduced gas availability in 2022 and 2023 as well as a stronger forecasted rand/US dollar exchange rate. The performance of this CGU is highly sensitive to changes in the discount rate and cost to procure gas in the long term. A 1% increase (or decrease Chlor Alkali and Polyvinyl Chloride (PVC) value chain The impairment is as a result of the stronger forecasted rand/US dollar exchange rate and the impact of the pending sale of the Sodium Cyanide business. The performance of this CGU is highly sensitive to the Rand/US$ exchange rate, product sales prices and changes in the discount rate. A R0,10/US$ strengthening in the exchange rate would decrease the recoverable amount of the CGU by approximately R240 million while a US$10 per ton movement in sales prices would impact the recoverable amount by approximately R364 million. The recoverable amount will be reduced (or increase) by approximately R264 million (or R306 million) if the discount rate were to increase (or decrease EO/EG The Ziegler Alcohols Unit (Ziegler) reached Beneficial Operation (BO) in June 2020. Ziegler delivers alcohol feed to the Ethoxylates (ETO) unit. In previous CGU assessments, the Ethylene Oxide and Ethylene Glycol (EO/EG) plant together with the ETO plant were considered to be a separate CGU from the Alcohol units (Ziegler and Guerbet). During 2021 with all units associated with LCCP having reached beneficial operation, rates at Ziegler were constrained due to weather events and negatively impacted on the ability of the EO and ETO plants to run due to reduced Ziegler feed. Given the ETO dependency on Ziegler for alcohol feed and the integration between the EO and ETO units as well as the change in regulatory environment surrounding EO, the CGUs were reassessed and now considered to be one integrated CGU. The impairment assessment of the combined CGU showed significant headroom resulting in the full 2019 impairment of the EO/EG CGU being reversed in the current year. No reasonably possible change in assumptions applied in estimating the recoverable amount of the combined CGU will significantly impact the amount of the reversal. Sasol Canada - Shale gas assets Sasol signed an agreement to divest of all our interests in Canada. Previous impairments of CAD45 million (R521 million) were reversed at 30 June 2021 to measure the carrying value of the disposal group at its fair value less cost to sell. 10 Remeasurement items affecting operating profit continued Significant impairment of assets in prior periods 2020 Segment and Cash-generating unit (CGU) Description Rm Fuels segment Sasolburg liquid fuels refinery The impairment is mainly due to lower refining margins over the long-term and an increase in the WACC rate. 8 594 Secunda liquid fuels refinery The impairment is mainly due to lower crude oil prices, an increase in the WACC rate and a higher cost to procure gas in the longer term. 3 834 Chemicals America LLDPE & LDPE At 30 June 2020, assets and liabilities relating to a combination of assets within Sasol Chemicals USA have been classified as held for sale. An impairment was recognised to reduce the carrying value of the disposal group down to its fair value less cost to sell, including any portion that Sasol might retain in the disposal group. 72 558 Chemicals Africa Ammonia value chain* The impairment is mainly due to lower international ammonia selling prices and a decrease in volumes based on reduced market demand and a reduction in gas allocated to the value chain. 2 736 Acrylates & Butanol value chain The impairment is mainly due to significantly lower selling prices coupled with a long expected recovery period as operating rates are only expected to recover to pre-COVID-19 levels by 2027. The CGU was also impacted by an increase in the WACC rate and a higher cost to procure gas in the longer term. 6 766 Polyethylene value chain* The impairment is mainly due to depressed selling prices caused by polyethylene overcapacity, worsened by the impact of COVID-19, and higher feedstock costs. 5 814 Chlor Vinyls value chain* The impairment is mainly due to significant lower selling prices which were only partly offset by the weakening in the rand. 1 979 Chemical Work Up & Heavy Alcohols value chain* The impairment is mainly due to significantly lower selling prices and an increase in the WACC rate. Overall Solvents prices decreased by 12% compared to the prior year. 1 668 Southern Africa Wax value chain* The impairment is mainly due to lower wax selling prices, an increase in the WACC rate and the higher cost to procure gas in the longer term. 3 777 Chemicals Eurasia Wax The impairment is mainly due to lower wax selling prices, driven by the negative macro-economic conditions as well as increased market competition experienced from low cost paraffin wax producers. This was partly offset by increased volumes in the wax emulsion market. 2 838 Other 2 172 112 736 * Impairment results for 2020 for these CGU's have been revised. 10 Remeasurement items affecting operating profit continued Significant scrapping of assets in prior periods Segment and Cash-generating unit 2019 (CGU) Description Rm Chemicals America Tetramerization value chain (LCCP) The impairments were driven by an increase in capital cost for the Lake Charles Chemicals Project (LCCP) and lower US ethylene and global mono-ethylene glycol price assumptions as at 30 June 2019. 7 403 Ethylene Oxide/Ethylene Glycol (EO/EG) The upstream ethane cracker is a corporate asset and the increase in its capital cost has an impact on the downstream derivative units. All cash generating units linked to the LCCP were assessed for impairment. 5 460 Sasol Canada – Shale gas assets The impairment was resulted from the depressed Canadian gas price environment. 1 947 Chemicals Africa Ammonia value chain The impairment was as a result of lower international ammonia sales price assumptions in the short- to medium-term and increased gas feedstock prices in the longer term. 3 509 Other (net of reversal of impairment) 600 18 919 Accounting policies: Remeasurement items are amounts recognised in profit or loss relating to any change (whether realised or unrealised) in the carrying amount of non-current assets or liabilities that are less closely aligned to the normal operating or trading activities of the group such as the impairment of non-current assets, profit or loss on disposal of non-current assets including businesses and equity accounted investments, and scrapping of assets. The group’s non-financial assets, other than inventories and deferred tax assets, are reviewed at each reporting date or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, to determine whether there is any indication of impairment or indication for reversal of impairment. An impairment test is performed on all goodwill, intangible assets not yet in use and intangible assets with indefinite useful lives at each reporting date. The recoverable amount of an asset is defined as the amount that reflects the greater of the fair value less costs of disposal and value-in-use that can be attributed to an asset as a result of its ongoing use by the entity. Value-in-use is estimated using a discounted cash flow model. The future cash flows are adjusted for risks specific to the asset and is adjusted where applicable to take into account any specific risks relating to the country where the asset or cash-generating unit is located. The rate applied in each country is reassessed each year. The recoverable amount may be adjusted to take into account recent market transactions for a similar asset. 10 Remeasurement items affecting operating profit continued Some assets are an integral part of the value chain but are not capable of generating independent cash flows because there is no active market for the product streams produced from these assets, or the market does not have the ability to absorb the product streams produced from these assets or it is not practically possible to access the market due to infrastructure constraints that would be costly to construct. Product streams produced by these assets form an input into another process and accordingly do not have an active market. These assets are classified as corporate assets in terms of IAS 36 when their output supports the production of multiple product streams that are ultimately sold into an active market. The group’s corporate assets are allocated to the relevant cash-generating unit based on a cost or volume contribution metric. Costs incurred by the corporate asset are allocated to the appropriate cash generating unit at cost. If there is an indication that a corporate asset may be impaired, then the recoverable amount is determined for the cash-generating unit to which the corporate asset belongs. In Southern Africa, the coal value chain starts with feedstock mined in Secunda and Sasolburg and continues along the integrated processes of the operating business units, ultimately resulting in fuels and chemicals-based product lines. Similarly, the gas value chain starts with the feedstock obtained in Mozambique and continues along the conversion processes in Secunda and Sasolburg, ultimately resulting in fuels and chemicals-based product lines. The groups of assets which support the different product lines, including corporate asset allocations, are considered to be separate cash-generating units. In the US, the ethylene value chain results in various chemicals-based product lines, sold into active markets. The assets which support the different chemicals-based product lines, including corporate asset allocations, are considered to be separate cash-generating units. In Europe, the identification of separate cash-generating units is based on the various product streams that have the ability to be sold into active markets by the European business units. Certain products are sometimes produced incidentally from the main conversion processes and can be sold into active markets. When this is the case, the assets that are directly attributable to the production of these products, are classified as separate cash-generating units. The cost of conversion of these products is compared against the revenue when assessing the asset for impairment. Exploration assets are tested for impairment when development of the property commences or whenever facts and circumstances indicate impairment. An impairment loss is recognised for the amount by which the exploration assets carrying amount exceeds their recoverable amount.

Disposals and scrapping

Disposals and scrapping	12 Months Ended
Disposals and scrapping	Jun. 30, 2021
Disposals and scrapping
Disposals and scrapping	11 Disposals and scrapping 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Property, plant and equipment 20 7 064 1 431 1 560 cost 12 183 7 184 8 097 accumulated depreciation and impairment (5 119) (5 753) (6 537) Goodwill and other intangible assets 947 179 112 cost 1 073 276 336 accumulated amortisation and impairment (126) (97) (224) Equity accounted investments 370 437 — Assets in disposal groups held for sale 67 662 2 563 94 Inventories 814 — — Trade and other receivables 174 — — Cash and cash equivalents 57 — — Liabilities in disposal groups held for sale (2 577) (414) (38) Long-term debt (2 673) — — Long-term financial liabilities (477) — — Trade and other payables (67) 175 — 71 294 4 371 1 728 Total consideration 73 426 4 285 567 consideration received 43 214 4 285 567 consideration still receivable 116 — — establishment of Joint operation 30 096 — — 2 132 (86) (1 161) Realisation of accumulated translation effects 3 388 801 52 Net profit/(loss) on disposal 5 520 715 (1 109) Consideration received comprising Chemicals America – US LCCP Base Chemicals business 29 894 — — Fuels & Chemiclas Africa – Air separation units 8 051 — — Chemicals America – interest in Gemini HDPE LLC 3 456 — — Gas – Gabon oil producing assets 424 — — Chemicals Eurasia – ARG Investment 316 — — Chemicals Africa – Share in Enaex Africa 175 — — Chemicals Eurasia — Investment in Sasol Huntsman GmbH & co KG — 1 506 — Chemicals Africa — Partial disposal of Explosives business — 991 — Energy — Investment in Escravos GTL (EGTL) — 875 — Chemicals Eurasia — Sasol Wilmar Alcohol Industries — 235 — Chemicals Eurasia — Heat Transfer Fuels (HTF) business — — 271 Other 898 678 296 Consideration received 43 214 4 285 567 11 Disposals and scrapping continued Significant disposals and scrappings in 2021 US LCCP Base Chemicals business* On 1 December 2020 the sale of 50% of our interest in the US LCCP Base Chemicals business was successfully concluded through the creation of the 50/50 owned Louisiana Integrated Polyethylene JV LLC (LIP). The proceeds on the disposal was approximately R30 billion (US$2 billion), resulting in a loss on disposal of R1,1 billion , the loss was mainly attributable to further clarification of the transaction perimeter subsequent to the held for sale classification. This did not impact the value of the remaining business materially. A corresponding gain on the reclassification of foreign currency translation reserve of R3,1 billion was also recognised. Sasol’s 50% interest in LIP is accounted for as a joint operation and Sasol’s share of assets and liabilities held jointly, revenue from the sale of its share of output and expenses are reflected within the Sasol results from 1 December 2020 in terms of IFRS 11 ‘Joint Arrangements. Refer note 23. Air separation units The sale of Sasol’s sixteen air separation units (ASUs) and associated business located in Secunda was concluded on 24 June 2021, resulting in a profit on disposal of R2 726 million. As part of the transaction, the Group entered into a supply contract for the supply of gas for 15 years . In determining whether the gas supply agreement was a lease or a supply contract, management applied judgement. The most significant judgement is that Air Liquide has taken full ownership and overall responsibility for managing the ASUs to maintain the agreed quantity and quality of gases supplied to Sasol. Interest in Gemini HDPE LLC The divestment of our 50% equity interest in the Gemini HDPE LLC successfully closed on 31 December 2020. Sasol recognised a profit on disposal of R683 million and a corresponding gain on reclassification of foreign currency translation reserve of R246 million. Gabon oil producing assets The sale of Sasol’s 27,8% working interest in the Etame Marin block offshore Gabon (producing asset with proven reserves), as well as Sasol’s 40% non-operated participating interest in Block DE-8 offshore Gabon (exploration permit) was concluded on 25 February 2021 and 4 May respectively. Sasol recognised a profit on disposal of R145 million and a corresponding gain on reclassification of foreign currency translation reserve of R132 million. Share in Enaex Africa The sale of 26% of Sasol’s 49% interest in Enaex Africa (Pty) Ltd to Afris Subco (Pty) Ltd, resulting in a loss of R115 million. After the transaction, Sasol’s remaining interest in Enaex Africa (Pty) Ltd is 23%. Significant disposals and scrappings in prior periods Investment in Sasol Huntsman GmbH & co KG The divestment from our 50% equity interest in the Sasol Huntsman maleic anhydride joint venture was concluded on 30 September 2019, resulting in a profit on disposal of R936 million, including the reclassification of the foreign currency translation reserve of R475 million. 11 Explosives business Sasol has concluded the transaction to sell a 51% share in the explosive business to Enaex, and on 1 July 2020, Enaex Africa in association with Sasol, officially started operating in South Africa and on the African Continent. Sasol recognised a loss on the disposal of R46 million. Sasol Wilmar Alcohol Industries The sale of Sasol’s share in Sasol Wilmar Alcohol Industries was concluded in December 2019, resulting in a profit on disposal of R47 million, including the reclassification of the foreign currency translation reserve of R56 million. Escarvos GTL (EGTL) Sasol sold its indirect beneficial interest in EGTL plant in Nigeria to Chevron. The transaction released Sasol from associated company guarantees and other obligations. A profit on disposal of R705 million was recognised, including the reclassification of the foreign currency translation reserve of R268 million. Sasol will continue to support Chevron in the performance of the EGTL plant through ongoing catalyst supply, technology and technical support. Heat Transfer Fuels (HTF) business In 2019, we disposed of our HTF business with the producing assets located within the Marl facility in Germany. Lake Charles Chemicals Project In 2019, we scrapped R682 million (US$48 million) of cost incurred on the LCCP, mainly relating to rework required. Refer note 10.

Disposal groups held for sale

Disposal groups held for sale	12 Months Ended
Disposal groups held for sale	Jun. 30, 2021
Disposal groups held for sale
Disposal groups held for sale	12 Disposal groups held for sale 2021 2020 for the year ended 30 June Rm Rm Assets in disposal groups held for sale Segment Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) Gas 6 085 5 951 Central Termica de Ressano Garcia S.A. (CTRG) Gas 3 034 — Canadian shale gas assets Gas 1 181 — US Base Chemicals Assets Chemicals America — 71 001 Secunda Operations Air Separation Units Fuels and Chemicals Africa — 5 675 Other Chemicals America, Chemicals Eurasia, Chemicals Africa, Fuels and Mining 331 1 641 10 631 84 268 Liabilities in disposal groups held for sale Segment Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)* Gas (1 771) (2 604) Central Termica de Ressano Garcia S.A. (CTRG) Gas (1 109) — Canadian shale gas assets Gas (824) — US Base Chemicals Assets Chemicals America — (2 425) Secunda Operations Air Separation Units Fuels and Chemicals Africa — (38) Other Chemicals America, Chemicals Eurasia, Fuels and Mining (2) (464) (3 706) (5 531) * Refer to notes 17, 18, 20, 29 and 33 for disposal groups transferred to held for sale. Significant disposal groups held for sale in 2021 Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) Sasol concluded a sale and purchase agreement in terms of which it agreed to dispose of a 30% interest in ROMPCO. Sasol will retain a 20% shareholding in ROMPCO and will continue to operate and maintain the pipeline in terms of the commercial agreement between Sasol and ROMPCO. Sasol’s interest in ROMPCO will be sold for a consideration comprising an initial amount of R4,145 billion and a deferred payment of up to R1 billion payable if certain agreed milestones are achieved by 30 June 2024. Two of the existing shareholders, the South African Gas Development Company Limited (iGas) and Companhia Moçambicana de Gasoduto S.A.R.L. (CMG), have recently exercised their pre-emptive right to acquire 30% of Sasol’s equity in ROMPCO. The sale will therefore now be concluded with iGas and CMG. This process is well underway, and will be subject to a few conditions precedent, including the standard regulatory approvals. It is expected that the sale will become effective during the second half of calendar year 2021. Central Térmica de Ressano Garcia S.A. (CTRG) Sasol entered into a Sale Securities Purchase Agreement for the divestment of our full shareholding in CTRG, the gas-to-power plant located in Ressano Garcia, Mozambique. The transaction is subject to a number of conditions precedent. The assets and liabilities of CTRG were classified as held for sale at 30 June 2021. The divestment is expected to be concluded in the next 12 months. 12 Canadian shale gas assets Sasol signed an agreement to divest of all our interests in Canada.The transaction closed on 29 July 2021. R521 million, (CAD 45 million) of the previous impairments was reversed at 30 June 2021 to measure the carrying value of the disposal group at its fair value less cost to sell. Significant disposal groups held for sale in prior periods US Base Chemicals Assets On 17 March 2020, we announced as part of the response plan that we would explore the potential for partnering options at our Base Chemicals assets in the US. This process has seen strong global interest and is now at an advanced stage and a number of non-binding offers were received coupled with the decision to undertake a partnering process. The assets and liabilities relating to our Base Chemicals portfolio within Sasol Chemicals USA were classified as disposal groups held for sale at 30 June 2020. An impairment of R72,6 billion (US$4,2 billion), has been recognised, reducing the carrying value of the disposable asset down to its fair value less cost to sell. 12 Secunda Air Separation Unit Prior to year end, the Group commenced a process to dispose of its sixteen air separation units and this was approved by the appropriate Board Committee and Sasol South Africa board. On 28 July 2020, Sasol South Africa Limited (“SSA”), announced that an exclusive negotiation agreement had been signed with Air Liquide for the sale of its sixteen air separation units and associated business located in Secunda. Definitive Agreements for the divestment are in the process of being negotiated. The proceeds of approximately R8,5 billion (R5,525 billion plus EUR147,5 million, translated at Closing to US$) will be received after fulfilment of various conditions, including Competition Commission approval. Assets and liabilities associated with the air separation units were classified as held for sale on 30 June 2020. Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) The Group has commenced a process to divest from some or all of its shareholding in ROMPCO. ROMPCO owns and operates the natural gas transmission pipeline between Temane in Mozambique and Secunda in South Africa for the transportation of natural gas produced in Mozambique to markets in Mozambique and South Africa. The assets and liabilities of ROMPCO were classified as held for sale as at 30 June 2020 following approval by the Board to continue with the divestment process. 12 Accounting policies: A non-current asset or disposal group (a business grouping of assets and their related liabilities) is designated as held for sale when its carrying amount will be recovered principally through a sale transaction rather than through continuing use. The classification as held for sale of a non-current asset or disposal group occurs when it is available for immediate sale in its present condition and the sale is highly probable. A sale is considered highly probable if management is committed to a plan to sell the non-current asset or disposal group, an active divestiture programme has been initiated, the non-current asset or disposal group is marketed at a price reasonable to its fair value and the disposal will be completed within one year from classification. Where a disposal group held for sale will result in the loss of control or joint control of a subsidiary or joint operation, respectively, all the assets and liabilities of that subsidiary or joint operation are classified as held for sale, regardless of whether a non- controlling interest in the former subsidiary or an ongoing interest in the joint operation is to be retained after the sale. Where a disposal group held for sale will result in the loss of joint control of a joint venture or significant influence of an associate, the full investment is classified as held for sale. Equity accounting ceases from the date the joint venture or associate is classified as held for sale. Before classification of a non-current asset or disposal group as held for sale, it is reviewed for impairment. The impairment loss charged to the income statement is the excess of the carrying amount of the non-current asset over its expected fair value less costs to sell. No depreciation or amortisation is provided on non-current assets from the date they are classified as held for sale.

Taxation

Taxation	12 Months Ended
Taxation	Jun. 30, 2021
Taxation
Taxation	Taxation 13 Taxation 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm South African normal tax 7 430 2 140 3 206 current year 7 478 2 542 3 804 prior years (48) (402) (598) Dividend withholding tax — 2 — Foreign tax 2 079 (1 212) 2 640 current year 2 106 2 242 2 544 prior years* (27) (3 454) 96 Income tax 9 509 930 5 846 Deferred tax – South Africa 15 (9 779) (9 324) 1 732 current year (9 464) (9 724) 1 715 prior years (315) 400 17 Deferred tax – foreign 15 455 (17 996) (4 775) current year* 339 (20 375) (4 831) prior years* 124 2 375 55 tax rate change (8) 4 1 185 (26 390) 2 803 13 Taxation continued * 2020 relates mainly to the relief provided to companies in the United States under the Coronavirus Aid, Relief, and Economic Security Act, (CARES Act) allowing taxpayers to carry back losses incurred during 2018 to 2020 for five years. The decrease from 2019 to 2020 relates to impairments accounted for in the 2020 financial year. * Increase in the prior year relates mainly to tax losses incurred at our US operations where we anticipate sufficient profits to be generated in future to utilise the deferred tax asset against. Contingent liability Sasol Financing International (SFI)/SARS Following a request by SARS for information on Sasol Financing International Plc (SFI) which performs an off-shore treasury function for Sasol, SARS proceeded with an audit over a number of tax years. This audit culminated in the issuance of a final audit letter on 16 February 2018. Consequently, revised assessments were issued by SARS in respect of the 2002 to 2012 tax years. Sasol objected to these revised assessments. The dispute relates to the place of effective management of SFI. After the submission of Sasol’s objection to the disputed assessments and following requests for further information by SARS at the end of 2018, SARS rejected Sasol’s objection. On 17 April 2019, Sasol appealed the decision to the Tax Court in terms of the relevant provisions of the Tax Administration Act. The parties have agreed to suspend the litigation in the Tax Court pending the outcome of the legal review application. In addition to the objection to the revised assessments, Sasol has also launched a judicial review application against the SARS decision to register SFI as a South African taxpayer. The Tax Court does not have jurisdiction to determine the first ground of Sasol’s objection, namely that the disputed assessments constitute unlawful, substantially unreasonable and procedurally unfair administrative action. Accordingly, a further review application has been filed in the High Court. In respect of this review application the Parties are in dispute about the non-disclosure by SARS of documentation and the necessary interlocutory processes to resolve this dispute are ongoing. Sasol’s application to compel SARS to disclose additional documents was heard on 19 February 2020 and judgement was delivered on 14 July 2020, which was materially found in SFI’s favour thereby ordering SARS to disclose specific additional documents which SARS submitted on 28 July 2020. All pleadings were exchanged relating to the 1st judicial review and a court hearing date is imminent. Further pleadings are being exchanged relating to the 2nd judicial review after which a court hearing date will be set. A 13 Taxation continued 2021 2020 2019 % % % Reconciliation of effective tax rate The table below shows the difference between the South African enacted tax rate (28%) compared to the effective tax rate in the income statement. Total income tax expense differs from the amount computed by applying the South African normal tax rate to profit before tax. The reasons for these differences are: South African normal tax rate 28,0 28,0 28,0 Increase/(decrease) in rate of tax due to: disallowed preference share dividends — — 0,4 disallowed expenditure¹ 11,4 (1,0) 10,9 disallowed share-based payment expenses² 2,3 (0,3) 3,3 different tax rates³ 0,5 (3,6) 15,3 share of profits of equity accounted investments — (0,1) — tax losses not recognised⁴ — (2,0) 9,9 prior year adjustments — — 2,3 other adjustments — (0,5) 2,3 42,2 20,5 72,4 (Decrease)/increase in rate of tax due to: exempt income⁵ (10,0) 0,7 (2,0) share of profits of equity accounted investments (2,1) — (3,8) effect of tax litigation matters⁶ — — (9,5) utilisation of tax losses⁷ (20,9) — (0,3) investment incentive allowances (0,4) — (20,0) translation differences (1,9) — (1,1) prior year adjustments (2,2) 0,9 — capital gains and losses⁸ (1,8) — — other adjustments (1,2) 0,3 (0,5) Effective tax rate 1,7 22,4 35,2 1 Includes non-deductible expenses incurred not deemed to be in the production of taxable income mainly relating to non-productive interest in our treasury function and project costs. 2 This relates to the share based payment expense on the Sasol Khanyisa transaction. 3 2019 mainly relates to the impact of lower tax rate in the US on the increases in tax losses incurred during the year. 4 Tax losses not recognised in 2019 mainly relate to the R 1,9 billion (2018 — R 2,8 billion) impairment of the Canadian shale gas asset for which no deferred tax asset was raised. 5 Mainly relates to the Foreign Currency Translation Reserve (FCTR) reclassified on the disposal of business. 6 2019 includes reversal of tax and interest pertaining to Sasol Oil. 7 Tax losses utilised in the current year which are allowed to be set off against 2021 foreign exchange gains.Refer note 6. 8 Relates mainly to the disposal of the Air Separation Units .

Tax paid

Tax paid	12 Months Ended
Tax paid	Jun. 30, 2021
Tax paid
Tax paid	14 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Net amounts (receivable)/payable at beginning of year (4 754) 309 (984) Disposal of businesses 40 — (1) Net interest and penalties on tax¹ (17) (41) (630) Income tax per income statement 13 9 509 930 5 846 Reclassification to held for sale² (304) 29 6 Foreign exchange differences recognised in income statement (14) 48 4 Translation of foreign operations 513 (370) 14 4 973 905 4 255 Net tax receivable/(payable) per statement of financial position 307 4 754 (309) tax payable (806) (665) (1 039) tax receivable³ 1 113 5 419 730 Per the statement of cash flows 5 280 5 659 3 946 Comprising Normal tax South Africa 6 622 3 131 933 Foreign (1 342) 2 526 3 013 Dividend withholding tax — 2 — 5 280 5 659 3 946 1 2019 relates to the reversal of interest pertaining to the Sasol Oil matter. 2 Mainly due to Rompco tax payable that was transferred to liabilities held for sale. 3 2020 relates mainly to the relief provided to companies in the United States under the Coronavirus Aid Relief and Economic Security Act 9 (CARES Act) allowing taxpayers to carry back losses incurred during 2018 – 2020 for five years.

Deferred tax

Deferred tax	12 Months Ended
Deferred tax	Jun. 30, 2021
Deferred tax
Deferred tax	15 2021 2020 for the year ended 30 June Note Rm Rm Reconciliation Balance at beginning of year (12 511) 17 978 Current year charge (8 956) (27 873) per the income statement 13 (9 324) (27 320) per the statement of comprehensive income 368 (553) Reclassification from/(to) held for sale 424 (880) Disposal of investment¹ (85) – Foreign exchange differences recognised in income statement (103) 142 Translation of foreign operations 4 513 (1 878) Balance at end of year (16 718) (12 511) Comprising Deferred tax assets (24 511) (31 665) Deferred tax liabilities 7 793 19 154 (16 718) (12 511) 1 15 Deferred tax continued Deferred tax assets and liabilities are determined based on the tax status and rates of the underlying entities. The decrease in deferred tax assets relates mainly to our US operations. We anticipate sufficient profits to be generated in future to utilise the deferred tax asset against. These US tax losses do not expire. The decrease in the deferred tax liability relates mainly to the impairments within the South African Integrated value chain. 2021 2020 for the year ended 30 June Rm Rm Attributable to the following tax jurisdictions · South Africa 3 169 12 676 · United States of America (18 556) (22 865) · Germany (1 085) (1 651) · Mozambique 323 699 · Other (569) (1 370) (16 718) (12 511) Deferred tax is attributable to temporary differences on the following: Net deferred tax assets: Property, plant and equipment 6 287 (5 285) Right of use assets 1 024 1 103 Short- and long-term provisions (3 731) (4 065) Calculated tax losses (24 097) (18 768) Financial liabilities (1 324) (2 238) Other (2 670) (2 412) (24 511) (31 665) Net deferred tax liabilities: Property, plant and equipment 13 392 25 423 Right of use assets 1 370 1 150 Current assets (1 124) (894) Short- and long-term provisions (3 948) (3 371) Calculated tax losses (11) (448) Financial liabilities 135 (517) Other (2 021) (2 189) 7 793 19 154 15 Deferred tax continued Deferred tax assets have been recognised for the carry forward amount of unutilised tax losses relating to the group’s operations where, among other things, some taxation losses can be carried forward indefinitely and there is compelling evidence that it is probable that sufficient taxable profits will be available in the future to utilise all tax losses carried forward. 2021 2020 for the year ended 30 June Rm Rm Calculated tax losses (before applying the applicable tax rate) Available for offset against future taxable income 105 428 100 301 Utilised against the deferred tax balance (102 890) (79 294) Not recognised as a deferred tax asset 1 2 538 21 007 Calculated tax losses carried forward that have not been recognised: Expiry within 1 year 3 — Expiry between one and five years 1 150 1 201 Expiry thereafter 608 19 090 Indefinite life 777 716 2 538 21 007 1 Included i n 2020 are calculated tax losses of R 18,5 billion relating to Sasol Canada which was classified as held for sale at 30 June 2021. The Group disposed of its investment in Sasol Canada in July 2021. Areas of judgement: Sasol companies are involved in tax litigation and tax disputes with various tax authorities in the normal course of business. A detailed assessment is performed regularly on each matter and a provision is recognised where appropriate. Although the outcome of these claims and disputes cannot be predicted with certainty, Sasol believes that open engagement and transparency will enable appropriate resolution thereof. A deferred tax asset is recognised to the extent that it is probable that future taxable profits will be available against which the deferred tax asset can be utilised. This includes the significant tax losses incurred at our US operations where we anticipate sufficient profits to be generated in future to utilise the deferred tax asset against. These losses do not expire. The provision of deferred tax assets and liabilities reflects the tax consequences that would follow from the expected recovery or settlement of the carrying amount of its assets and liabilities. 15 Unremitted earnings at end of year that would be subject to foreign dividend withholding tax and after tax effect if remitted Deferred tax liabilities are not recognised for the income tax effect that may arise on the remittance of unremitted earnings by foreign subsidiaries, joint operations and incorporated joint ventures. It is management’s intention that, where there is no double taxation relief, these earnings will be permanently re-invested in the group. 2021 2020 for the year ended 30 June Rm Rm Unremitted earnings at end of year that would be subject to dividend withholding tax 26 662 27 750 Europe 20 051 19 943 Rest of Africa 1 933 2 807 Other 4 678 5 000 Tax effect if remitted 455 380 Europe 277 133 Rest of Africa 155 225 Other 23 22 Dividend withholding tax Dividend withholding tax is payable at a rate of 20% on dividends distributed to shareholders. Dividends paid to companies and certain other institutions and certain individuals are not subject to this withholding tax. This tax is not attributable to the company paying the dividend but is collected by the company and paid to the tax authorities on behalf of the shareholder. On receipt of a dividend, the company includes the dividend withholding tax in its computation of the income tax expense. 2021 2020 for the year ended 30 June Rm Rm Undistributed earnings at end of year that would be subjected to dividend withholding tax withheld by the company on behalf of Sasol Limited shareholders 99 061 90 508 Maximum withholding tax payable by shareholders if distributed to individuals 19 812 18 102 Accounting policies: The income tax charge is determined based on net income before tax for the year and includes current tax, deferred tax and dividend withholding tax. The current tax charge is the tax payable on the taxable income for the financial year applying enacted or substantively enacted tax rates and includes any adjustments to tax payable in respect of prior years. 15 Deferred tax continued Deferred tax is provided for using the liability method, on all temporary differences between the carrying amount of assets and liabilities for accounting purposes and the amounts used for tax purposes and on any tax losses using enacted or substantively enacted tax rates at the reporting date that are expected to apply when the asset is realised or liability settled. Deferred tax assets and liabilities are offset when the related income taxes are levied by the same taxation authority, there is a legally enforceable right to offset and there is an intention to settle the balances on a net basis.

Share capital

Share capital	12 Months Ended
Share capital	Jun. 30, 2021
Share capital.
Share capital	Equity 16 Share capital 2021 2020 2019 for the year ended 30 June Rm Rm Rm Issued share capital (as per statement of changes in equity)* 9 888 9 888 9 888 Number of shares for the year ended 30 June 2021 2020 2019 Authorised Sasol ordinary shares of no par value 1 127 690 590 1 127 690 590 1 127 690 590 Sasol preferred ordinary shares of no par value 28 385 646 28 385 646 28 385 646 Sasol BEE ordinary shares of no par value 158 331 335 158 331 335 158 331 335 1 314 407 571 1 314 407 571 1 314 407 571 Issued Shares issued at beginning of year 632 365 757 631 028 318 645 560 928 Issued in terms of the employee share schemes 1 878 579 1 337 439 1 566 581 Repurchase and cancellation of shares** — — (16 085 199) Issued in terms of Sasol Khanyisa — — (13 992) Shares issued at end of year 634 244 336 632 365 757 631 028 318 Comprising Sasol ordinary shares of no par value 627 912 989 626 034 410 624 696 971 Sasol BEE ordinary shares of no par value 6 331 347 6 331 347 6 331 347 634 244 336 632 365 757 631 028 318 Unissued shares Sasol ordinary shares of no par value 499 777 601 501 656 180 502 993 619 Sasol preferred ordinary shares of no par value 28 385 646 28 385 646 28 385 646 Sasol BEE ordinary shares of no par value 151 999 988 151 999 988 151 999 988 680 163 235 682 041 814 683 379 253 * At 30 June 2021, 10 469 584 shares (2020 - 13 969 621 shares) were held by the Sasol Foundation Trust and the Sasol Khanyisa Employee Share Ownership Plan. ** On 7 September 2018, 16 085 199 preferred ordinary shares were repurchased from Inzalo Public Funding (RF) Proprietary Limited at a purchase price of R542,11 per share as per the shareholders authorisation obtained at the Annual General Meeting held on 17 November 2017, which had the effect that these shares were cancelled and restored to authorised share capital. Accounting policies: When Sasol Limited’s shares are repurchased by a subsidiary, the amount of consideration paid, including directly attributable costs, is recognised as a deduction from shareholders’ equity. Repurchased shares are classified as treasury shares and are disclosed as a deduction from total equity. Where such shares are subsequently reissued, any consideration received is included in the statement of changes in equity.

Long-term debt

Long-term debt	12 Months Ended
Long-term debt	Jun. 30, 2021
Long-term debt.
Long-term debt	F unding activities and facilities 17 Long-term debt 2021 2020 for the year ended 30 June Rm Rm Total long-term debt 102 643 167 197 Short-term portion (5 506) (19 686) 97 137 147 511 Analysis of long-term debt At amortised cost Secured debt 1 108 4 608 Unsecured debt 2 102 974 163 216 Unamortised loan costs (439) (627) 102 643 167 197 Reconciliation Balance at beginning of year 167 197 129 569 Transfer of operating lease straight-lining under IAS 17 on initial application of IFRS 16 — (1 027) Adjusted amount 167 197 128 542 Loans raised 3 26 057 36 487 Loans repaid 2 (61 454) (28 335) Modification loss 4 — 1 193 Interest accrued 305 1 003 Amortisation of loan costs 160 135 Disposal of business 5 (2 673) — Transfer to disposal groups held for sale 1 (939) (1 551) Translation of foreign operations (26 010) 29 723 Balance at end of year 102 643 167 197 Interest-bearing status Interest-bearing debt 102 643 167 197 Maturity profile Within one year 5 506 19 686 One to five years 64 495 133 179 More than five years 32 642 14 332 102 643 167 197 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 R 55,4 billion ($ 3,6 billion) (2020: R 23,5 billion, US$ 1,5 billion) as well as repayment of term loans R 5,4 billion (US$ 350 million). 3 Loans raised relate mainly to the R 23,1 billion (US $ 1,5 billion) bonds issued in March 2021. 4 2020 relates to the loan covenant amendment. Refer to page 53. 5 Relates to the disposal of Sasol's 50% interest in Gemini HDPE LLC. 17 Long-term debt continued In terms of Sasol Limited’s memorandum of incorporation, the group’s borrowing powers are limited to twice the sum of its share capital and reserves (2021 — R305 billion; 2020 — R309 billion). Interest rate at 2021 2020 Terms of repayment Security Business Currency 30 June 2021* Rm Rm Secured debt Repayable in quarterly instalments ending August 2024 Secured by property, plant and equipment (2020 carrying value — R Chemicals North America US dollar — 3 209 Repayable in bi-annual instalments ending 31 August 2030* Secured by shares, property, plant and equipment(2020 carrying value - R1 821 million) Gas US dollar — 1 226 Various Various Various 108 173 108 4 608 * Unless specified interest rate remained unchanged year-on-year. Relates to Sasol's portion of the Gemini HDPE LLC debt. Sasol disposed of its interest in this entity in the current year. * The Central Termica De Ressane Garcia S.A. (CTRG) debt was transferred to disposal groups held for sale at 30 June 2021. Interest rate at 2021 2020 Terms of repayment Business Currency 30 June 2021* Rm Rm Unsecured debt Various repayment terms ending June 2026 Various Various Various 599 949 Various repayment terms Fuels Rand Fixed 8% 588 659 Repayable in August 2022 Corporate Centre (Sasol Financing) Rand Variable 3 months Jibar + 1,3% 2 191 2 197 Repayable November 2022¹ Corporate Centre (Sasol Financing International) US dollar Fixed 4,5% 14 359 17 428 Repayable in November 2024 2,3 Corporate Centre (Sasol Financing International and Sasol Financing USA) US dollar Libor + 1,60% 7 788 68 109 Repayable June 2024⁴ Corporate Centre (Sasol Financing USA) US dollar Variable 1,60% 2 143 2 601 Repayable June 2024⁴ Corporate Centre (Sasol Financing USA) US dollar Variable 2,00% 20 954 28 997 Various repayment terms from March 2024 to March 2031 5 Corporate Centre (Sasol Financing USA) US dollar Fixed 4,4% to 6,5% (2020 - Fixed 5,8% to 6,5% ) 54 352 39 603 Repayable in November 2024 6 Corporate Centre (Sasol Financing USA) US dollar 2020 - Libor 2,90% - 2 673 Total unsecured debt 102 974 163 216 Total long-term debt 103 082 167 824 Unamortised loan costs (amortised over period of debt using the effective interest rate method) (439) (627) 102 643 167 197 Short-term portion of long-term debt (5 506) (19 686) 97 137 147 511 * 1 Included in this amount is the US $1 billion (R 14 billion) bond, with a fixed interest rate of 4,5% which is listed on the New York Stock Exchange and is recognised in Sasol Financing International Limited, a 100% owned subsidiary of the group. Sasol Limited has fully and unconditionally guaranteed the bond. There are no restrictions on the ability of Sasol Limited to obtain funds from the finance subsidiary by dividend or loan. 2 The variable interest rate debt relates to the US $3,8 billion (R 54,2 billion) revolving credit facility. 3 During the year Sasol Financing International Limited, repaid R 55 billion ( $3,6 billion) on the revolving credit facility. 17 Long-term debt continued 4 The variable interest rate debt relates to the US $1,45 billion (R 20,7 billion) term loan and US $150 million (R 2,1 billion) revolving credit facility. 5 Included in this amount is the US$ 2,25 billion (R 32,1 billion) bonds with additional $ 1,5 billion (R 21,4 billion) issued during the year, with fixed interest rates of between 4,38% and 6,5% which are listed on the New York Stock Exchange and is recognised in Sasol Financing USA LLC, a 100% owned subsidiary of the group. Sasol Limited has fully and unconditionally guaranteed the bonds. There are no restrictions on the ability of Sasol Limited to obtain funds from the finance subsidiary by dividend or loan. 6 Repaid during the year. Total Contract Rand Utilised Available amount equivalent facilities facilities 30 June 2021 Expiry date Currency million Rm Rm Rm Banking facilities and debt arrangements Group treasury facilities Commercial paper (uncommitted) 1 None Rand 8 000 8 000 2 176 5 824 Commercial banking facilities None Rand 8 500 8 500 — 8 500 Revolving credit facility 2 November 2024 US dollar 3 367 48 064 7 737 40 327 Revolving credit facility June 2024 US dollar 150 2 141 2 141 — Debt arrangements US Dollar Bond November 2022 US dollar 1 000 14 275 14 275 — US Dollar Bond March 2024 US dollar 1 500 21 413 21 413 — US Dollar Bond September 2028 US dollar 750 10 706 10 706 — US Dollar Bond March 2026 US dollar 650 9 279 9 279 — US Dollar Bond September 2031 US dollar 850 12 134 12 134 — US Dollar term loan June 2024 US dollar 1 450 20 699 20 699 — Other Sasol businesses Specific project asset finance Energy — Clean Fuels II (Natref) Various Rand 993 993 993 — Debt arrangements Other debt arrangements Various — — 742 — 102 295 54 651 Available cash excluding restricted cash 29 224 Total funds available for use 83 875 Total utilised facilities 102 295 Accrued interest 1 090 Unamortised loan cost (439) Total debt including accrued interest and unamortised loan cost 102 946 Comprising Long-term debt 97 137 Short-term debt 5 566 Short-term debt 60 Short-term portion of long-term debt 5 506 Bank overdraft 243 102 946 17 Long-term debt continued 1 In August 2019, Sasol issued its inaugural paper to the value of R 2 176 million in the local debt market under the current Domestic Medium Term Note (DMTN) programme, at 130 basis points above 3 month Jibar, repayable in August 2022. 2 The RCF is available until November 2024, with total availability reducing to US$ 3,495 billion by November 2022 and to US$ 2,845 billion by November 2023. Loan covenant amendment For the year ended 30 June 2020 lenders agreed to waive Sasol’s Net Debt: Earnings Before Interest, Taxation, Depreciation and Amortisation (EBITDA) covenant, and for the period ended 31 December 2020 lenders agreed to increase the maximum Net Debt : EBITDA covenant to 4,0 times, whereafter the covenant reverted to the prior level of 3,0 times. These amendments were subject to certain conditions that remained in place until a certificate was issued certifying compliance with the Net Debt : EBITDA covenant, which occurred on 2 March 2021. Consistent with these conditions Sasol committed to use proceeds from disposals and debt issuance to prepay, and in some instances proportionally cancel, the Revolving Credit Facility until the facility amount was reduced to R40,6 billion, (US$2,845 billion). Accounting policies: Debt, which constitutes a financial liability, includes short-term and long-term debt. Debt is initially recognised at fair value, net of transaction costs incurred and is subsequently stated at amortised cost. Debt is classified as short-term unless the borrowing entity has an unconditional right to defer settlement of the liability for at least 12 months after the reporting date. Debt is derecognised when the obligation in the contract is discharged, cancelled or has expired. Premiums or discounts arising from the difference between the fair value of debt raised and the amount repayable at maturity date are charged to the income statement as finance expenses based on the effective interest rate method. A debt modification gain or loss is recognised immediately when a debt measured at amortised cost has been modified.

Leases

Leases	12 Months Ended
Leases	Jun. 30, 2021
Leases
Leases	18 Leases 2021 2020 for the year ended 30 June Note Rm Rm Amounts recognised on balance sheet Lease liabilities Non-current 13 906 15 825 Current 1 771 1 894 15 677 17 719 Right of use assets Land 241 184 Buildings and improvements 5 153 6 446 Plant, equipment and vehicles 7 508 7 179 Mineral assets 1 7 12 903 13 816 Additions to right of use assets 1 899 3 466 The decreases in the lease liabilities and right of use assets are mainly due to foreign exchange movements as a result of the strengthening of the rand ( 2021 : R 1,2 billion, 2020 : R 1,7 billion), as well as a reassessment of the likelihood to exercise an extension option relating to the Sandton office lease (R 561 million) and other movements (R 281 million). In 2020 R 2,2 billion was classified as held for sale, refer note 12 . As a result of the expected long-term impact of the COVID-19 pandemic, the group no longer considers it reasonably certain to exercise an option to extend the term of the lease. 2021 2020 2019 for the year ended 30 June Rm Rm Rm Amounts recognised in income statement Interest expense (included in net finance cost) 1 488 1 465 871 Expense relating to short-term leases* 423 757 — Expense relating to leases of low-value assets that are not shown above as short-term leases* 65 33 — Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)* 58 64 — Impairment of right of use assets 33 3 322 — Depreciation of right of use assets Land 11 25 — Buildings and improvements 694 662 — Plant, equipment and vehicles 1 607 1 605 — Mineral assets 5 2 — 2 317 2 294 — Amounts recognised in statement of cash flows Total cash outflow on leases 3 882 4 048 1 108 * Included in cash paid to suppliers and employees in the statement of cash flows. The group leases a number of assets as part of its activities. These primarily includes corporate office buildings in Sandton and Houston, rail yard, rail cars, retail convenience centres and storage facilities. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. A maturity analysis of lease liabilities is provided in note 40. 18 Areas of judgement: Various factors are considered in assessing whether an arrangement contains a lease including whether a service contract includes the implicit right to substantially all of the economic benefits from assets used in providing the service and whether the group directs how and for what purpose such assets are used. In performing this assessment, the group considers decision-making rights that will most affect the economic benefits that will be derived from the use of the asset such as changing the type, timing, or quantity of output that is produced by the asset. Incorporating optional lease periods where there is reasonable certainty that the option will be extended is subject to judgement and has an impact on the measurement of the lease liability and related right of use asset. Management considers all facts and circumstances that create an economic incentive to exercise an extension option, or not exercise a termination option, including consideration of the significance of the underlying asset to the operations and the expected remaining useful life of the operation where the leased asset is used. The incremental borrowing rate that the group applies is the rate that the group would have to pay to borrow the funds necessary to obtain an asset of similar value to the right of use asset in a similar economic environment with similar terms, security and conditions. The estimation of the incremental borrowing rate is determined for each lease contract using the risk-free rate over a term matching that of the lease, adjusted for other factors such as the credit rating of the lessee, a country risk premium and the borrowing currency. A higher incremental borrowing rate would lead to the recognition of a lower lease liability and corresponding right of use asset. 18 Leases continued The range of incremental borrowing rates applied were as follows: Southern Africa 6,19 -15,35% (2020: 6,25 - 16,58%) North America 2,15 - 5,64% (2020: 2,15 - 5,64%) Eurasia 0,38 - 6,35% (2020: 1,00 - 5,00%) Accounting policies: At contract inception all arrangements are assessed to determine whether it is, or contains, a lease. At the commencement date of the lease, the group recognises lease liabilities measured at the present value of lease payments to be made over the lease term. The lease payments include: ● fixed payments (including in-substance fixed payments) less any lease incentives receivable; ● variable lease payments that depend on an index or a rate; ● amounts expected to be paid under residual value guarantees; ● the exercise price of a purchase option reasonably certain to be exercised; ● payments of penalties for terminating the lease, if the lease term reflects the group exercising the option to terminate; and ● lease payments to be made under reasonably certain extension options. Variable lease payments that do not depend on an index or a rate are recognised as expenses (unless they are capitalised as part of the cost of inventories or assets under construction) in the period in which the event or condition that triggers the payment occurs. In calculating the present value of lease payments, the group uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is generally not readily determinable. The incremental borrowing rate is the rate that the group would have to pay to borrow the funds necessary to obtain an asset of similar value to the right of use asset in a similar economic environment with similar terms, security and conditions. After the commencement date, finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments (e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the assessment of an option to purchase the underlying asset. The group applies the recognition exemptions to short-term leases (i.e., those leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option) and leases of assets that are considered to be low value. Lease payments on short-term leases and leases of low-value assets are recognised as expenses over the lease term. 18 Leases continued Right of use assets are measured at cost, less any accumulated depreciation and impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right of use assets includes: ● the amount of the initial measurement of lease liability; ● any lease payments made at or before the commencement date less any lease incentives received; ● any initial direct costs; and ● restoration costs. Right of use assets are generally depreciated over the shorter of the asset's useful life and the lease term on a straight-line basis. If the group is reasonably certain to exercise a purchase option, the right of use asset is depreciated over the underlying asset’s useful life. The depreciation charge is recognised in the income statement unless it is capitalised as part of the cost of inventories or assets under construction. The right of use assets are also subject to impairment. Refer to the accounting policies in the note on Remeasurement items affecting profit or loss.

Short-term debt

Short-term debt	12 Months Ended
Short-term debt	Jun. 30, 2021
Short-term debt.
Short-term debt	19 Short-term debt 2021 2020 for the year ended 30 June Note Rm Rm Short-term debt 1 60 21 888 Short-term portion of long-term debt 2 17 5 506 19 686 lease liabilities 18 1 771 1 894 7 337 43 468 1 The decrease in 2021 relates to the repayments of R 19 717 million, ( $1 billion syndicated loan and commercial banking facilities), translation gains of R 1 958 million and transfer of R 197 million to disposal groups held for sale. Sasol secured the R 17 billion (US $1 billion) syndicated loan facility in November 2019. 2 At 30 June 2020 R 17 billion (US $1 billion) of the RCF was classified as short-term in anticipation of proceeds from asset disposals being used to repay debt in accordance with the covenant waiver agreement. This was repaid during the current year. Refer note 17.

Property, plant and equipment

Property, plant and equipment	12 Months Ended
Property, plant and equipment	Jun. 30, 2021
Property, plant and equipment.
Property, plant and equipment	Investing Activities 20 Property, plant and equipment Building Plant, Assets and equipment Mineral under Land improvements and vehicles assets construction* Total for the year ended 30 June Rm Rm Rm Rm Rm Rm Revised carrying amount at 30 June 2020 1 5 591 11 954 152 255 30 043 27 802 227 645 Additions 18 4 1 063 43 14 894 16 022 to sustain existing operations 18 — 948 43 13 792 14 801 to expand operations — 4 115 – 1 102 1 221 Net reclassification (to)/from other assets (2) 56 (750) 20 722 46 Reduction in rehabilitation provisions capitalised (note 33) — (4) (55) (1 401) (965) (2 425) Establishment of joint operation² 325 1 097 28 079 – 62 29 563 Disposal of business 3 (1 399) (632) (4 544) (1) (31) (6 607) Finance costs capitalised — — – – 880 880 Projects capitalised 73 837 11 918 2 654 (15 952) (470) Reclassification from/(to) held for sale (note 12) 98 349 (711) (981) (444) (1 689) Translation of foreign operations (775) (1 457) (18 327) 98 (573) (21 034) Disposals and scrapping (2) (19) (184) (49) (203) (457) Current year depreciation charge — (537) (11 080) (3 303) – (14 920) Net impairment of property, plant and equipment (note 10) (56) (94) (28 678) 353 (58) (28 533) Carrying amount at 30 June 2021 3 871 11 554 128 986 27 476 26 134 198 021 * Includes intangible assets under construction 1 Refer to note 1 for details. 2 Refer to note 11 for details. 3 Relates mainly to the disposal of our 50% equity interest in Gemini HDPE LLC. 20 Property, plant and equipment continued Building Plant, Assets and equipment Mineral under Land improvements and vehicles assets construction Total for the year ended 30 June Rm Rm Rm Rm Rm Rm Carrying amount at 30 June 2019 4 202 15 434 185 235 28 678 127 764 361 313 Impact of revision (refer note 1) — — (3 731) — — (3 731) Revised carrying amount at 1 July 2019 4 202 15 434 181 504 28 678 127 764 357 582 Transfer of finance lease assets to right of use assets on initial application of IFRS 16 (6) (1 475) (5 936) — (71) (7 488) Adjusted carrying amount at 1 July 2019 4 196 13 959 175 568 28 678 127 693 350 094 Additions 34 59 1 039 1 230 35 730 38 092 to sustain existing operations 34 42 825 1 230 19 017 21 148 to expand operations — 17 214 — 16 713 16 944 Net reclassification (to)/from other assets (11) (295) 447 (4) (17) 120 Reduction in rehabilitation provisions capitalised (note 33) — — (23) (160) — (183) Finance costs capitalised — — — — 3 520 3 520 Projects capitalised 920 3 035 120 616 3 378 (128 492) (543) Reclassification to held for sale (note 12) (112) (2 350) (61 754) — (9 497) (73 713) Translation of foreign operations 842 2 091 23 761 230 12 876 39 800 Disposals and scrapping (268) (6) (484) (18) (655) (1 431) Current year depreciation charge (revised) — (720) (15 568) (3 291) — (19 579) Net impairment of property, plant and equipment (revised) (note 10) (10) (3 819) (91 347) — (13 356) (108 532) Revised carrying amount at 30 June 2020 5 591 11 954 152 255 30 043 27 802 227 645 20 Property, plant and equipment continued Up to and including financial year 2019, Sasol recognised lease assets that were classified as finance leases under IAS 17 Leases as part of Property, Plant and Equipment. From financial year 2020 assets recognised under IFRS 16 Leases are disclosed separately in note 18, Leases. Building Plant, Assets and equipment Mineral under Land improvements and vehicles assets construction Total for the year ended 30 June Rm Rm Rm Rm Rm Rm 2021 Cost 4 145 20 462 334 432 47 606 26 134 432 779 Accumulated depreciation and impairment (274) (8 908) (205 446) (20 130) — (234 758) 3 871 11 554 128 986 27 476 26 134 198 021 2020 Cost 5 844 21 418 325 837 84 822 27 802 465 723 Accumulated depreciation and impairment (revised) (253) (9 464) (173 582) (54 779) — (238 078) 5 591 11 954 152 255 30 043 27 802 227 645 2019 Cost 4 403 23 034 316 548 74 769 127 764 546 518 Accumulated depreciation and impairment (revised) (201) (7 600) (135 044) (46 091) — (188 936) 4 202 15 434 181 504 28 678 127 764 357 582 2021 2020 2019 for the year ended 30 June Rm Rm Rm Additions to property, plant and equipment (cash flow) Current year additions 16 022 38 092 55 862 Adjustments for non-cash items (77) (2 947) (81) movement in environmental provisions capitalised (77) (2 947) (1 924) movement in long-term debt — — (117) LCCP investment incentives — — 1 960 Per the statement of cash flows 15 945 35 145 55 781 20 Property, plant and equipment continued 2021 2020 for the year ended 30 June Rm Rm Capital commitments (excluding equity accounted investments) Capital commitments, excluding capitalised interest, include all projects for which specific board approval has been obtained. Projects still under investigation for which specific board approvals have not yet been obtained are excluded from the following: Authorised and contracted for 33 196 260 620 Authorised but not yet contracted for 33 297 21 136 Less expenditure to the end of year (26 605) (249 806) 39 888 31 950 to sustain existing operations 25 591 26 305 to expand operations 14 297 5 645 Estimated expenditure Within one year 21 393 15 578 One to five years 18 495 16 372 39 888 31 950 Significant capital commitments and expenditure at 30 June comprise mainly of: Capital commitments Capital expenditure 2021 2020 2021 2020 Project Project location Business segment Rm Rm Rm Rm Projects to sustain operations Shutdown and major statutory maintenance Various Various 6 439 3 247 2 583 5 221 Environmental projects Various Various 3 033 1 007 1 806 2 800 Clean fuels II Secunda Fuels 1 483 1 375 237 355 Projects to expand operations Mozambique exploration and development Mozambique Gas 10 786 3 353 234 211 Lake Charles Chemical Project United States Chemicals America 798 1 297 684 13 807 20 Property, plant and equipment continued Areas of judgement: The depreciation methods, estimated remaining useful lives and residual values are reviewed at least annually. The estimation of the useful lives of property, plant and equipment is based on historic performance as well as expectations about future use and therefore requires a significant degree of judgement to be applied by management. The following depreciation rates apply in the group: Buildings and improvements 1 - 17%, units of production over life of related reserve base Retail convenience centres 3 – 5 % Plant 2 – 50 % Equipment 3 – 91 % Vehicles 5 – 33 % Mineral assets Units of production over life of related reserve base Life-of-mine coal assets Units of production over life of related reserve base Accounting policies: Property, plant and equipment is stated at cost less accumulated depreciation and accumulated impairment losses. Land is not depreciated. When plant and equipment comprises major components with different useful lives, these components are accounted for as separate items. Depreciation of mineral assets on producing oil and gas properties is based on the units-of-production method calculated using estimated proved developed reserves. Life-of-mine coal assets are depreciated using the units-of-production method and is based on proved and probable reserves assigned to that specific mine (accessible reserves) or complex which benefits from the utilisation of those assets. Other coal mining assets are depreciated on the straight-line method over their estimated useful lives. Depreciation of property acquisition costs, capitalised as part of mineral assets in property, plant and equipment, is based on the units-of-production method calculated using estimated proved reserves. Property, plant and equipment, other than mineral assets, is depreciated to its estimated residual value on a straight-line basis over its expected useful life. Assets under construction Assets under construction include land and expenditure capitalised for work in progress in respect of activities to develop, expand or enhance items of property, plant and equipment. The cost of self-constructed assets includes expenditure on materials, direct labour and an allocated proportion of project overheads. Cost also includes the estimated costs of dismantling and removing the assets and site rehabilitation costs to the extent that they relate to the construction of the asset as well as gains or losses on qualifying cash flow hedges attributable to that asset. When regular major inspections are a condition of continuing to operate an item of property, plant and equipment, and plant shutdown costs will be incurred, an estimate of these shutdown costs are included in the carrying value of the asset at initial recognition. Land acquired, as well as costs capitalised for work in progress in respect of activities to develop, expand or enhance items of property, plant and equipment are classified as part of assets under construction. 20 Property, plant and equipment continued Finance expenses in respect of specific and general borrowings are capitalised against qualifying assets as part of assets under construction. Where funds are borrowed specifically for the purpose of acquiring or constructing a qualifying asset, the amount of finance expenses eligible for capitalisation on that asset is the actual finance expenses incurred on the borrowing during the period less any investment income on the temporary investment of those borrowings. Where funds are made available from general borrowings and used for the purpose of acquiring or constructing qualifying assets, the amount of finance expenses eligible for capitalisation is determined by applying a capitalisation rate to the expenditures on these assets. The capitalisation rate of 4,6% (2020 – 4,9)% is calculated as the weighted average of the interest rates applicable to the borrowings of the group that are outstanding during the period, including borrowings made specifically for the purpose of obtaining qualifying assets once the specific qualifying asset is ready for its intended use. The amount of finance expenses capitalised will not exceed the amount of borrowing costs incurred.

Long-term receivables and prepa

Long-term receivables and prepaid expenses	12 Months Ended
Long-term receivables and prepaid expenses	Jun. 30, 2021
Long-term receivables and prepaid expenses
Long-term receivables and prepaid expenses	21 Long-term receivables and prepaid expenses 2021 2020 for the year ended 30 June Rm Rm Total long-term receivables¹ 4 956 7 411 Impairment of long-term receivables* (91) (442) Short-term portion (986) (1 170) 3 879 5 799 Long-term prepaid expenses 345 636 4 224 6 435 Comprising: Long-term receivables (interest-bearing) - joint operations 605 1 608 Long-term loans 2 517 2 822 LCCP investment incentives 757 1 369 3 879 5 799 1 Reduction in long-term receivables and impairment of long-term receivables relate mainly to CTRG that transferred to disposal groups held for sale refer note 12. * Impairment of long-term loans and receivables Long-term loans and receivables are considered for impairment under the expected credit loss model. Refer to note 40 for detail on the impairments recognised.

Equity accounted investments

Equity accounted investments	12 Months Ended
Equity accounted investments	Jun. 30, 2021
Equity accounted investments.
Equity accounted investments	22 Equity accounted investments At 30 June, the group’s interest in equity accounted investments and the total carrying values were: Country of Interest 2021 2020 Name incorporation Nature of activities % Rm Rm Joint ventures ORYX GTL Limited Qatar GTL plant 49 9 329 10 511 Sasol Dyno Nobel (Pty) Ltd South Africa Manufacturing and distribution of explosives 50 260 255 Sasol Chevron Holdings Limited¹ Bermuda Marketing of Escravos GTL products – – 159 Associates Enaex Africa (Pty) Ltd² South Africa Manufacturing and distribution of explosives 23 295 512 Other equity accounted investments Various 258 375 Carrying value of investments 10 142 11 812 1 On 3 June 2021 Sasol sold its 50 % shareholding in Sasol Chevron Holdings Limited. 2 On 1 May 2021 Sasol sold 26 % of its shareholding in Enaex Africa (Pty) Ltd. There are no significant restrictions on the ability of the joint ventures or associate to transfer funds to Sasol Limited in the form of cash dividends or repayment of loans or advances. Impairment testing of equity accounted investments Based on impairment indicators at each reporting date, impairment tests in respect of investments in joint ventures and associates are performed. The recoverable amount of the investment is compared to the carrying amount, as described in note 10, to calculate the impairment. Summarised financial information for the group’s share of equity accounted investments which are not material* 2021 2020 for the year ended 30 June Rm Rm Operating profit/(loss) 128 (674) Profit/(loss) before tax 140 (665) Taxation (45) (20) Profit/(loss) for the year** 95 (685) * The financial information provided represents the group’s share of the results of the equity accounted investments. ** Included in the 2020 results is an operating loss pertaining to the Group's investment in Escravos GTL. The group disposed of this investment in June 2020. 22 Equity accounted investments continued 2021 2020 Capital commitments relating to equity accounted investments Rm Rm Capital commitments, excluding capitalised interest, include all projects for which specific board approval has been obtained up to the reporting date. Projects still under investigation for which specific board approvals have not yet been obtained are excluded from the following: Authorised and contracted for 622 1 936 Authorised but not yet contracted for 713 1 089 Less: expenditure to the end of year (348) (1 748) 987 1 277 Areas of judgement: Joint ventures and associates are assessed for materiality in relation to the group using a number of factors such as investment value, strategic importance and monitoring by those charged with governance. ORYX GTL is considered to be material as it is closely monitored by and reported on to the decision makers and is considered to be a strategically material investment. 22 Equity accounted investments continued Summarised financial information for the group’s material equity accounted investments In accordance with the group’s accounting policy, the results of joint ventures and associates are equity accounted. The information provided below represents the group’s material joint venture. The financial information presented includes the full financial position and results of the joint venture and includes intercompany transactions and balances. Joint venture ORYX GTL Limited 2021 2020 for the year ended 30 June Rm Rm Summarised statement of financial position Non-current assets 13 149 17 236 Deferred tax asset 212 636 Current assets 7 989 7 217 Total assets 21 350 25 089 Other non-current liabilities 742 974 Other current liabilities 1 178 2 663 Tax payable 391 — Total liabilities 2 311 3 637 Net assets 19 039 21 452 Summarised income statement Turnover 8 538 7 279 Depreciation and amortisation (1 759) (1 424) Other operating expenses (4 513) (4 707) Operating profit before interest and tax 2 266 1 148 Finance income 6 31 Finance cost (48) (84) Profit before tax 2 224 1 095 Taxation (758) (492) Profit and total comprehensive income for the year 1 466 603 The group’s share of profits of equity accounted investment 719 338 49% share of profit before tax 1 090 536 Taxation (371) (198) Reconciliation of summarised financial information Net assets at the beginning of the year 21 452 16 893 Profit before tax for the year 2 224 1 095 Taxation (758) (483) Foreign exchange differences (3 879) 3 947 Net assets at the end of the year 19 039 21 452 Carrying value of equity accounted investment 9 329 10 511 The year-end for ORYX GTL Limited is 31 December, however the group uses the financial information at 30 June. 22 Equity accounted investments continued The carrying value of the investment represents the group’s interest in the net assets thereof. Contingent liabilities There were no contingent liabilities at 30 June 2021 relating to our joint ventures or Accounting policies: The financial results of associates and joint ventures are included in the group’s results according to the equity method from acquisition date until the disposal date. Associates and joint ventures whose financial year-ends are within three months of 30 June are included in the consolidated financial statements using their most recently audited financial results. Adjustments are made to the associates’ and joint ventures financial results for material transactions and events in the intervening period.

Interest in joint operations

Interest in joint operations	12 Months Ended
Interest in joint operations	Jun. 30, 2021
Interest in joint operations
Interest in joint operations	23 Interest in joint operations At 30 June, the group’s interest in material joint operations were: % of equity owned 2021 2020 Name Country of incorporation Nature of activities % % Louisiana Integrated Polyethylene JV LLC 1 United States of America Manufactures high density polyethylene chemicals 50 — Gemini HDPE LLC 2 United States of America Manufactures high density polyethylene chemicals — 50 Sasol Canada 3 Canada Development of shale gas reserves and production and marketing of shale gas 50 50 Natref South Africa Refining of crude oil 64 64 1 Upon successful completion of the divestment of 50% of Sasol’s commodity chemicals units at our Lake Charles facility in December 2020, the 50/50 Louisiana Integrated Polyethylene joint venture (“JV”) with LyondellBasell was established. LyondellBasell operates the JV assets on behalf of the JV. The joint operation operates as a tolling arrangement and Sasol retains control to the goods during the toll processing, for which a fee is paid, and only recognises revenue when the finished goods are transferred to a final customer. Sasol and Equistar, a subsidiary of LyondellBasell, have entered into a marketing agreement pursuant to which Equistar is appointed as an independent agent to exclusively market and sell, in consideration for a fee, all of Sasol’s Linear low-density polyethylene (LLDPE) and Low-density polyethylene (LDPE) produced by the joint operation to customers. 2 The Group sold it's investment in Gemini HDPE LLC on 31 December 2020. 3 The Group has classified the assets and liabilities of the Canada joint operation as held for sale at 30 June 2021. The disposal subsequently closed on 29 July 2021. Refer to note 12. 23 Interest in joint operations continued The information provided is Sasol’s share of joint operations (excluding unincorporated joint operations) and includes intercompany transactions and balances. Louisiana Total Total Integrated Polyethylene Sasol JV LLC Canada* Natref Other** 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Statement of financial position External non-current assets 27 226 — 3 421 — 30 647 12 917 External current assets 665 1 379 319 2 509 4 872 1 682 Intercompany current assets — — 1 1 2 40 Total assets 27 891 1 379 3 741 2 510 35 521 14 639 Shareholders’ equity 27 484 478 360 432 28 754 3 614 Long-term liabilities 62 — 2 457 3 2 522 9 224 Interest-bearing current liabilities 38 — 184 3 225 764 Non-interest-bearing current liabilities 187 901 414 1 105 2 607 557 Intercompany current liabilities 120 — 326 967 1 413 480 Total equity and liabilities 27 891 1 379 3 741 2 510 35 521 14 639 * The Group has classified the assets and liabilities of the Canada joint operation as held for sale at 30 June 2021. The disposal subsequently closed on 29 July 2021. Refer to note 12. ** Includes Central Térmica de Ressano Garcia (CTRG), which has been classified as held for sale at 30 June 2021. Refer to note 12. At 30 June 2021, the group’s share of the total capital commitments of joint operations amounted to R717 million (2020 – R700 million).

Interest in significant operati

Interest in significant operating subsidiaries	12 Months Ended
Interest in significant operating subsidiaries	Jun. 30, 2021
Interest in significant operating subsidiaries
Interest in significant operating subsidiaries	24 Interest in significant operating subsidiaries Sasol Limited is the ultimate parent of the Sasol group of companies. Our wholly-owned subsidiary, Sasol Investment Company (Pty) Ltd, a company incorporated in the Republic of South Africa, holds primarily our interests in companies incorporated outside of South Africa. The following table presents each of the group’s significant subsidiaries (including direct and indirect holdings), the nature of activities, the percentage of shares of each subsidiary owned and the country of incorporation at 30 June 2021. 24 Interest in significant operating subsidiaries continued There are no significant restrictions on the ability of the group’s subsidiaries to transfer funds to Sasol Limited in the form of cash dividends or repayment of loans or advances. Country of % of equity owned Name incorporation Nature of activities 2021 2020 Significant operating subsidiaries Direct Sasol Mining Holdings (Pty) Ltd South Africa Holding company of the group’s mining interests 100 100 Sasol Technology (Pty) Ltd South Africa Engineering services, research and development and technology transfer 100 100 Sasol Financing Limited South Africa Management of cash resources, investments and procurement of loans (for South African operations) 100 100 Sasol Investment Company (Pty) Ltd South Africa Holding company for foreign investments 100 100 Sasol South Africa Limited 1 South Africa Integrated petrochemicals and energy company 100 100 Sasol Middle East and India (Pty) Ltd South Africa Develop and implement international GTL and CTL ventures 100 100 Sasol Africa (Pty) Ltd South Africa Exploration, development, production, marketing and distribution of natural oil and gas and associated products 100 100 Sasol Oil (Pty) Ltd South Africa Marketing of fuels and lubricants 75 75 Sasol New Energy Holdings (Pty) Ltd South Africa Developing lower-carbon energy solutions 100 100 1 Sasol Khanyisa shareholders indirectly have an 18,4% shareholding in Sasol South Africa Limited. Once the Khanyisa funding is settled, the Sasol Khanyisa ordinary shares will be exchanged for Sasol BEE Ordinary (SOLBE1) shares listed on the empowerment segment of the JSE. 24 Interest in significant operating subsidiaries continued Country of % of equity owned Name incorporation Nature of activities 2021 2020 Significant operating subsidiaries Indirect The Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) 1 South Africa Owning and operating of the natural gas transmission pipeline between Temane in Mozambique and Secunda in South Africa for the transportation of natural gas produced in Mozambique to markets in Mozambique and South Africa 50 50 Sasol Financing International Limited South Africa Management of cash resources, investment and procurement of loans (for our foreign operations) 100 100 Sasol Germany GmbH Germany Production, marketing and distribution of chemical products 100 100 Sasol Italy SpA Italy Trading and transportation of oil products, petrochemicals and chemical products and derivatives 100 100 Sasol Mining (Pty) Ltd South Africa Coal mining activities 90 90 Sasol Canada Holdings Limited 2 Canada Exploration, development, production, marketing and distribution of natural oil and gas and associated products in Canada 100 100 Sasol Chemicals (USA) LLC United States of America Production, marketing and distribution of chemical products 100 100 Sasol Financing USA LLC United States of America Management of cash resources, investment and procurement of loans (for our North American operations) 100 100 1 Through contractual arrangements Sasol exercises control over the relevant activities of Rompco. The Group has classified the assets and liabilities of Rompco as held for sale at 30 June 2020. Refer to note 12. 2 The Group has classified the assets and liabilities of Sasol Canada Holdings Limited as held for sale at 30 June 2021. Refer to note 12. Our other interests in subsidiaries are not considered significant. Non-controlling interests The group has a number of subsidiaries with non-controlling interests, however none of them were material to the Statement of Financial position. 24 Interest in significant operating subsidiaries continued Areas of judgement: The disclosure of subsidiaries is based on materiality taking into account the contribution to turnover, assets of the group, and the way the business is managed and reported on. Control is obtained when Sasol is exposed, or has rights, to variable returns from its involvement with the subsidiary and has the ability to affect those returns through our power over the subsidiary. The financial results of all entities that have a functional currency different from the presentation currency of their parent entity are translated into the presentation currency. Income and expenditure transactions of foreign operations are translated at the average rate of exchange for the year except for significant individual transactions which are translated at the exchange rate ruling at that date. All assets and liabilities, including fair value adjustments and goodwill arising on acquisition, are translated at the rate of exchange ruling at the reporting date. Differences arising on translation are recognised as other comprehensive income and are included in the foreign currency translation reserve.

Inventories

Inventories	12 Months Ended
Inventories	Jun. 30, 2021
Inventories
Inventories	25 Inventories 2021 2020 for the year ended 30 June Rm Rm Carrying value Crude oil and other raw materials 4 269 3 513 Process material 1 834 1 868 Maintenance materials 5 585 6 376 Work in progress 2 560 2 108 Manufactured products 15 315 13 681 Consignment inventory 179 255 29 742 27 801 The impact of lower sales prices resulted in a net realisable value write-down of R83 million in 2021 (2020 - R384 million). Inventory of R1 118 million (2020 - R3 294 million) is held at net realisable value. Accounting policies: Inventories are stated at the lower of cost and net realisable value. Cost includes expenditure incurred in acquiring, manufacturing and transporting the inventory to its present location. Manufacturing costs include an allocated portion of production overheads which are directly attributable to the cost of manufacturing such inventory. The allocation is determined based on the greater of normal production capacity and actual production. The costs attributable to any inefficiencies in the production process are charged to the income statement as incurred. By-products are incidental to the manufacturing processes, are usually produced as a consequence of the main product stream, and are immaterial to the group. Revenue from sale of by-products is offset against the cost of the main products. 25 Inventories continued Cost is determined as follows: Crude oil and other raw materials First-in-first-out valuation method (FIFO) Process, maintenance and other materials Weighted average purchase price Work-in-progress Manufacturing costs incurred Manufactured products including consignment inventory Manufacturing costs according to FIFO

Trade and other receivables

Trade and other receivables	12 Months Ended
Trade and other receivables	Jun. 30, 2021
Trade and other receivables
Trade and other receivables	26 Trade and other receivables 2021 2020 for the year ended 30 June Rm Rm Trade receivables 23 692 18 247 Other receivables 3 786 4 310 Related party receivables — equity accounted investments 255 215 Impairment of trade and other receivables (515) (706) Trade and other receivables 27 218 22 066 Duties recoverable from customers 263 366 Prepaid expenses and other 1 860 1 605 Value added tax 1 592 1 060 30 933 25 097 Impairment of trade receivables Trade receivables are considered for impairment under the expected credit loss model. Trade receivables are written off when there is no reasonable prospect that the customer will pay. Refer to note 40 for detail on the impairments recognised. No individual customer represents more than 10% of the group’s trade receivables. Collateral The group holds no collateral over the trade receivables which can be sold or pledged to a third party. Accounting policies: Trade and other receivables are recognised initially at transaction price and subsequently stated at amortised cost using the effective interest rate method, less impairment losses. A simplified expected credit loss model is applied for recognition and measurement of impairments in trade receivables, where expected lifetime credit losses are recognised from initial recognition, with changes in loss allowances recognised in profit and loss. The group did not use a provisional matrix. Trade and other receivables are written off where there is no reasonable expectation of recovering amounts due. The trade receivables do not contain a significant financing component.

Trade and other payables

Trade and other payables	12 Months Ended
Trade and other payables	Jun. 30, 2021
Trade and other payables.
Trade and other payables	27 Trade and other payables 2021 2020 for the year ended 30 June Rm Rm Trade payables 17 197 13 535 Capital project related payables* 960 3 516 Accrued expenses 4 323 3 837 Related party payables 157 276 third parties 155 88 equity accounted investments 2 188 Trade payables 22 637 21 164 Other payables** 9 074 7 188 Duties payable to revenue authorities 4 785 7 086 Value added tax 174 319 36 670 35 757 * Decrease as a result of reduced activity on the LCCP project as units reach beneficial operation. ** Other payables include employee-related payables. Accounting policies: Trade and other payables are initially recognised at fair value and subsequently stated at amortised cost. Capital project related payables are excluded from working capital, as the nature and risks of these payables are not considered to be aligned to operational trade payables.

(Increase)_decrease in working

(Increase)/decrease in working capital	12 Months Ended
(Increase)/decrease in working capital	Jun. 30, 2021
(Increase)/decrease in working capital
(Increase)/decrease in working capital	28 (Increase)/decrease in working capital 2021 2020 2019 Rm Rm Rm (Increase)/decrease in inventories (4 872) 3 397 (829) (Increase)/decrease in trade receivables (7 198) 6 431 37 Increase/(decrease) in trade payables 4 916 (3 990) 3 202 (Increase)/decrease in working capital (7 154) 5 838 2 410

Cash and cash equivalents

Cash and cash equivalents	12 Months Ended
Cash and cash equivalents	Jun. 30, 2021
Cash and cash equivalents.
Cash and cash equivalents	29 Cash and cash equivalents 2021 2020 for the year ended 30 June Rm Rm Cash and cash equivalents 31 231 34 739 Bank overdraft (243) (645) Per the statement of cash flows 30 988 34 094 Cash by currency Rand 14 994 14 281 Euro 2 159 2 602 US dollar 12 787 15 520 Other currencies 1 048 1 691 30 988 34 094 29 Cash and cash equivalents continued 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 short-term 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.

Cash generated by operating act

Cash generated by operating activities	12 Months Ended
Cash generated by operating activities	Jun. 30, 2021
Cash generated by operating activities
Cash generated by operating activities	30 Cash generated by operating activities 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Cash flow from operations 31 52 268 36 546 48 988 (Increase)/decrease in working capital 28 (7 154) 5 838 2 410 45 114 42 384 51 398

Cash flow from operations

Cash flow from operations	12 Months Ended
Cash flow from operations	Jun. 30, 2021
Cash flow from operations
Cash flow from operations	31 Cash flow from operations 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Earnings/(loss) before interest and tax (EBIT) 16 619 (111 926) 8 434 Adjusted for share of (profits)/losses of equity accounted investments 22 (814) 347 (1 074) equity-settled share-based payment 36 1 927 1 946 1 659 depreciation and amortisation 17 644 22 327 17 814 effect of remeasurement items 10 23 218 111 978 20 062 movement in long-term provisions income statement charge 33 (3) (2 208) 430 utilisation 33 (388) (734) (1 099) movement in short-term provisions 2 839 39 (3) movement in post-retirement benefits 880 733 635 translation effects (5 047) 6 098 (199) write-down of inventories to net realisable value 83 384 371 movement in financial assets and liabilities (4 225) 3 990 864 movement in other receivables and payables (240) 3 057 601 other non-cash movements (225) 515 493 52 268 36 546 48 988

Dividends paid

Dividends paid	12 Months Ended
Dividends paid	Jun. 30, 2021
Dividends paid
Dividends paid	32 Dividends paid 2021 2020 2019 for the year ended 30 June Rm Rm Rm Final dividend — prior year 16 10 6 269 Interim dividend — current year 30 21 3 683 46 31 9 952 The Board did not declare a final or interim dividend during the year. Dividends paid relate to dividends distributed by Sasol South Africa Limited to Sasol Khanyisa participants.

Long-term provisions

Long-term provisions	12 Months Ended
Long-term provisions	Jun. 30, 2021
Long-term provisions
Long-term provisions	Provisions 33 Long-term provisions Share- Environ- based mental payments Other Total for the year ended 30 June Rm Rm Rm Rm Balance at beginning of year 21 790 51 1 064 22 905 Capitalised to property, plant and equipment* (2 425) — — (2 425) Reduction in rehabilitation provision capitalised 77 — — 77 Transfer to held for sale liabilities ** (1 310) — — (1 310) Per the income statement (293) (22) 312 (3) additional provisions and changes to existing provisions 412 (22) 313 703 reversal of unutilised amounts (31) — (1) (32) effect of change in discount rate (674) — — (674) Notional interest 664 — 4 668 Utilised during year (cash flow) (271) — (117) (388) Foreign exchange differences recognised in income statement (1 495) 1 (18) (1 512) Translation of foreign operations (541) (1) (109) (651) Balance at end of year 16 196 29 1 136 17 361 * Decrease in rehabilitation provision capitalised in 2021 relates to a reassessment of the provision based on discount rates and cost estimates. ** Relates to rehabilitation provisions of the Canadian shale gas assets classified as held for sale, refer note 12 and the Gabon oil producing assets that were disposed of during the year. 2021 2020 for the year ended 30 June Note Rm Rm Expected timing of future cash flows Within one year 1 197 1 048 One to five years 5 287 5 324 More than five years 10 877 16 533 17 361 22 905 Short-term portion 34 (1 197) (1 048) Long-term provisions 16 164 21 857 Estimated undiscounted obligation* 92 109 96 033 * Environmental provisions In accordance with the group’s published environmental policy and applicable legislation, a provision for rehabilitation is recognised when the obligation arises, representing the estimated actual cash flows in the period in which the obligation is settled. The environmental obligation includes estimated costs for the rehabilitation of coal mining, oil, gas and petrochemical sites. The amount provided is calculated based on currently available facts and applicable legislation. The total environmental provision at 30 June 2021 amounted to R16 196 million (2020 — R21 790 million). In line with the requirements of the legislation of South Africa, the utilisation of certain investments is restricted for mining rehabilitation purposes. These investments amounted to R676 million (2020 — R661 million). In addition, indemnities of R2 190 million (2020 — R2 190 million) are in place. 33 Long-term provisions continued The following risk-free rates were used to discount the estimated cash flows based on the underlying currency and time duration of the obligation. 2021 2020 for the year ended 30 June % % South Africa 4,2 to 10,3 3,6 to 9,4 Europe 0,0 to 0,5 — United States of America 0,2 to 1,8 0,2 to 0,9 Canada 0,5 to 2,3 0,5 to 1,4 2021 2020 for the year ended 30 June Rm Rm A 1% point change in the discount rate would have the following effect on the long-term provisions recognised Increase in the discount rate (4 352) (3 836) amount capitalised to property, plant and equipment (1 250) (2 767) income recognised in income statement (3 102) (1 069) Decrease in the discount rate 5 266 4 297 amount capitalised to property, plant and equipment 1 787 3 115 expense recognised in income statement 3 479 1 182 Share Appreciation Rights scheme All rights issued in terms of the Share Appreciation Rights scheme (SARs) have vested and will be settled in cash when exercised. As at 30 June 2021 there were 2,2 million vested rights not yet exercised with an intrinsic value of R0 (2020: R0). The final rights awarded under the scheme will expire in September 2022.

Short-term provisions

Short-term provisions	12 Months Ended
Short-term provisions	Jun. 30, 2021
Short-term provisions
Short-term provisions	34 Short-term provisions 2021 2020 for the year ended 30 June Note Rm Rm Other provisions * 3 370 649 Short-term portion of long-term provisions 33 1 197 1 048 post-retirement benefit obligations 35 497 505 5 064 2 202 * Increase mainly relates to the National Energy Regulator of South Africa's final decision on the maximum gas price methodology for Sasol Gas. A provision of R1,4 billion was raised in this regard. Refer note 37.1. It also includes employee related provisions of approximately R950 million. 34 Short-term provisions continued Accounting policies: Estimated long-term environmental provisions, comprising pollution control, rehabilitation and mine closure, are based on the group’s environmental policy taking into account current technological, environmental and regulatory requirements. The provision for rehabilitation is recognised as and when the environmental liability arises. To the extent that the obligations relate to the construction of an asset, they are capitalised as part of the cost of those assets. The effect of subsequent changes to assumptions in estimating an obligation for which the provision was recognised as part of the cost of the asset is adjusted against the asset. Any subsequent changes to an obligation which did not relate to the initial construction of a related asset are charged to the income statement. The increase in discounted long-term provisions as a result of the passage of time is recognised as a finance expense in the income statement. The estimated present value of future decommissioning costs, taking into account current environmental and regulatory requirements, is capitalised as part of property, plant and equipment, to the extent that they relate to the construction of the asset, and the related provisions are raised. These estimates are reviewed at least annually. Deferred tax is recognised on the temporary differences in relation to both the asset to which the obligation relates to and rehabilitation provision. Termination benefits are recognised as a liability at the earlier of the date of recognition of restructuring costs or when the group is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to either terminate employment before normal retirement date, or to provide termination benefits as a result of an offer made to encourage voluntary redundancy. In the case of an offer to encourage voluntary redundancy, the termination benefits are measured based on the number of employees expected to accept the offer. Benefits that are expected to be wholly settled more than 12 months after the end of the reporting period are discounted to their present value. Areas of judgement: The determination of long-term provisions, in particular environmental provisions, remains a key area where management’s judgement is required. Estimating the future cost of these obligations is complex and requires management to make estimates and judgements because most of the obligations will only be fulfilled in the future and contracts and laws are often not clear regarding what is required. The resulting provisions could also be influenced by changing technologies and political, environmental, safety, business and statutory considerations as well as the period in which it will be settled. It is envisaged that, based on the current information available, any additional liability in excess of the amounts provided will not have a material adverse effect on the group’s financial position, liquidity or cash flow.

Post-retirement benefit obligat

Post-retirement benefit obligations	12 Months Ended
Post-retirement benefit obligations	Jun. 30, 2021
Post-retirement benefit obligations
Post-retirement benefit obligations	35 Post-retirement benefit obligations Non-current Current Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Note Rm Rm Rm Rm Rm Rm Post-retirement healthcare obligations 35.1 South Africa 3 238 2 778 218 214 3 456 2 992 United States of America 236 359 21 26 257 385 3 474 3 137 239 240 3 713 3 377 Pension obligations 35.2 Foreign — post-retirement benefit obligation 9 823 11 554 258 265 10 081 11 819 Total post-retirement benefit obligations 13 297 14 691 497 505 13 794 15 196 Pension assets 35.2 South Africa — post-retirement benefit asset (46) (467) — — (46) (467) Foreign — post-retirement benefit asset (545) — — — (545) — Total post-retirement benefit assets (591) (467) — — (591) (467) Net pension obligations 9 232 11 087 258 265 9 490 11 352 Loss/(gain) recognised in the income Loss/(gain) recognised in other statement comprehensive income 2021 2020 2019 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Rm Rm Rm Post-retirement benefit obligations Post-retirement healthcare obligations 35,1 407 467 485 201 (1 040) (460) Pension benefits - projected benefit obligation 35,2 7 248 7 073 6 371 5 715 (6 921) 1 360 Pension benefits - plan asset of funded obligation 35,2 (5 758) (5 238) (4 815) (7 419) 7 507 (514) Net movement on asset limitation and reimbursive right — — — 669 601 145 1 897 2 302 2 041 (834) 147 531 The group provides post-retirement medical and pension benefits to certain of its retirees, principally in South Africa, Europe and the United States of America. Generally, medical cover provides for a specified percentage of most medical expenses, subject to pre-set rules and maximum amounts. Pension benefits are payable in the form of retirement, disability and surviving dependent pensions. The medical benefits are unfunded. The pension benefits in South Africa are funded. In the United States of America certain of our Pension Funds are funded. Accounting policies: The group operates or contributes to defined contribution pension plans and defined benefit pension plans for its employees in certain of the countries in which it operates. These plans are generally funded through payments to trustee-administered funds as determined by annual actuarial calculations. Defined contribution pension plans are plans under which the group pays fixed contributions into a separate legal entity and has no legal or constructive obligation to pay further amounts. Contributions to defined contribution pension plans are charged to the income statement as an employee expense in the period in which the related services are rendered by the employee. 35 Post-retirement benefit obligations continued The group’s net obligation in respect of defined benefit pension plans is actuarially calculated separately for each plan by deducting the fair value of plan assets from the gross obligation for post-retirement benefits. The gross obligation is determined by estimating the future benefit attributable to members in return for services rendered to date. This future benefit is discounted to determine its present value, using discount rates based on government bonds for South African obligations, and corporate bonds in Europe and the US, that have maturity dates approximating the terms of the group’s obligations and which are denominated in the currency in which the benefits are expected to be paid. Independent actuaries perform this calculation annually using the projected unit credit method. Defined contribution members employed before 2009 have an option to purchase a defined benefit pension with their member share. This option gives rise to actuarial risk, and as such, these members are accounted for as part of the defined benefit fund and are disclosed as such. Past service costs are charged to the income statement at the earlier of the following dates: ● when the plan amendment or curtailment occurs; and ● when the group recognises related restructuring costs or termination benefits. Actuarial gains and losses arising from experience adjustments and changes to actuarial assumptions, the return on plan assets (excluding amounts included in net interest on the defined benefit liability/(asset)) and any changes in the effect of the asset ceiling (excluding amounts included in net interest on the defined benefit liability/(asset)) are remeasurements that are recognised in other comprehensive income in the period in which they arise. Where the plan assets exceed the gross obligation, the asset recognised is limited to the lower of the surplus in the defined benefit plan and the asset ceiling, determined using a discount rate based on government bonds. Surpluses and deficits in the various plans are not offset. The entitlement to healthcare benefits is usually based on the employee remaining in service up to retirement age and the completion of a minimum service period. The expected costs of these benefits are accrued on a systematic basis over the expected remaining period of employment, using the accounting methodology described in respect of defined benefit pension plans above. Independent actuaries perform the calculation of this obligation annually. Healthcare benefits Pension benefits Last actuarial valuation — South Africa 31 March 2021 31 March 2021 Last actuarial valuation — United States of America 30 June 2021 30 June 2021 Last actuarial valuation — Europe n/a 1 April 2021 Full/interim valuation Full Full Valuation method adopted Projected unit credit Projected unit credit The plans have been assessed by the actuaries and have been found to be in sound financial positions. 35 Post-retirement benefit obligations continued Principal actuarial assumptions Weighted average assumptions used in performing actuarial valuations determined in consultation with independent actuaries. United States of South Africa America Europe 2021 2020 2021 2020 2021 2020 at valuation date % % % % % % Healthcare cost inflation 7,5 7,5 n/a * n/a * n/a n/a Discount rate — post- retirement medical benefits 11,6 13,3 2,7 2,3 n/a n/a Discount rate — pension benefits 11,1 12,2 2,0 2,2 1,2 1,4 Pension increase assumption 5,2 6,1 n/a n/a 1,8 1,8 Average salary increases 5,5 5,5 4,2 4,2 2,8 2,8 Weighted average duration of the obligation — post- retirement medical obligation 13 years 14 years 12 years 11 years n/a n/a Weighted average duration of the obligation — pension obligation 12 years 12 years 7 years *** 14 years 18 years 18 years Assumptions regarding future mortality are based on published statistics and mortality tables. * The healthcare cost inflation rate in respect of the plans for the United States of America is capped. All additional future increases due to the healthcare cost inflation will be borne by the participants. There are no automatic pension increases for the United States of America pension plan. * The decrease in 2021 is as a result of the large number of employees transferring to the Louisiana Integrated Polyethylene Joint Venture. Refer to note 23. In South Africa, certain healthcare and life assurance benefits are provided to South African employees hired prior to 1 January 1998, who retire and satisfy the necessary requirements of the medical fund. 35 Post-retirement benefit obligations continued 35.1 Post-retirement healthcare obligations Reconciliation of the total post-retirement healthcare obligation recognised in the statement of financial position South Africa United States of America Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Total post-retirement healthcare obligation at beginning of year 2 992 3 825 385 268 3 377 4 093 Movements recognised in the income statement: 413 440 (6) 27 407 467 current service cost 26 45 18 18 44 63 interest cost 387 395 7 9 394 404 curtailments and settlements — — (31) — (31) — Actuarial (gains)/losses recognised in other comprehensive income: 237 (1 085) (36) 45 201 (1 040) arising from changes in financial assumptions 539 (1 026) (12) 44 527 (982) arising from changes in demographic assumptions — — — (3) — (3) arising from changes in actuarial experience (302) (59) (24) 4 (326) (55) Benefits paid (186) (180) (23) (22) (209) (202) Transfer to disposal groups held for sale — (8) — — — (8) Translation of foreign operations — — (63) 67 (63) 67 Total post-retirement healthcare obligation at end of year 3 456 2 992 257 385 3 713 3 377 The sensitivity analysis is performed in order to assess how the post-retirement healthcare obligation would be affected by changes in the actuarial assumptions underpinning the calculation. South Africa United States of America 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm 1% point change in actuarial assumptions: Increase in the healthcare cost inflation 411 325 — * — * Decrease in the healthcare cost inflation (344) (280) — * — * Increase in the discount rate (329) (264) (25) (38) Decrease in the discount rate 399 310 34 47 * A change in the healthcare cost inflation for the United States of America will not have an effect on the above components or the obligation as the employer’s cost is capped and all future increases due to the healthcare cost inflation are borne by the participants. There are no automatic pension increases for the United States pension plan. A change in the pension increase assumption will not have an effect on the above obligation. In South Africa the post-retirement benefit contributions are linked to medical aid inflation and based on a percentage of income or pension. Where pension increases differ from medical aid inflation, the difference will need to be allowed for in a change in the percentage of income or pension charged. The are no automatic pension increase for the United states pension plan. The sensitivities may not be representative of the actual change in the post-retirement healthcare obligation, as it is unlikely that the changes would occur in isolation of one another, and some of the assumptions may be correlated. 35 Post-retirement healthcare obligations continued Healthcare cost inflation risk Healthcare cost inflation is consumer price index inflation plus two percentage points over the long term. An increase in healthcare cost inflation will increase the obligation of the plan. Discount rate risk The discount rate is derived from prevailing bond yields. A decrease in the discount rate will increase the obligation of the plan. Pension increase risk The South African healthcare plan is linked to pension benefits paid, which are to some extent linked to inflation. Accordingly, increased inflation levels represent a risk that could increase the cost of paying the funds committed to benefits. Other Changes in other assumptions used could also affect the measured liabilities. There is also a regulatory risk as well as foreign funds under the jurisdiction of other countries. To the extent that governments can change the regulatory frameworks, there may be a risk that minimum benefits or minimum pension increases may be instituted, increasing the associated cost for the fund. 35.2 Pension benefits South African operations Background In 1994, all members were given the choice to voluntarily transfer to the newly established defined contribution section of the pension fund and approximately 99% of contributing members chose to transfer to the defined contribution section. Defined benefit option for defined contribution members In terms of the rules of the fund, on retirement, employees employed before 1 January 2009 have an option to purchase a defined benefit pension with their member share. Should a member elect this option, the group is exposed to actuarial risk. In terms of IAS 19, the classification requirements stipulate that where an employer is exposed to any actuarial risk, the fund must be classified as a defined benefit plan. Fund assets The assets of the fund are held separately from those of the company in a trustee administered fund, registered in terms of the South African Pension Funds Act, 1956. Included in the fund assets at 31 March 2021 are 2 082 248 (2020 — 2 079 248) Sasol ordinary shares valued at R454 million (2020 — R275 million) at year-end purchased under terms of an approved investment strategy, and property valued at R1 521 million (2020 — R1 555 million) that is currently occupied by Sasol. 35 Post-retirement benefit obligations continued 35.2 Pension benefits Continued Membership A significant number of employees are covered by union sponsored, collectively bargained, and in some cases, multi-employer defined contribution pension plans. Information from the administrators of these plans offering defined benefits is not sufficient to permit the company to determine its share, if any, of any unfunded vested benefits. Pension fund assets The assets of the pension funds are invested as follows: South Africa United States of America 2021 2020 2021 2020 at 30 June % % % % Equities 54 47 30 35 resources 7 5 4 5 industrials 2 2 3 4 consumer discretionary 11 9 4 4 consumer staples 9 9 2 2 healthcare 5 5 4 5 information technologies 6 6 6 7 telecommunications 4 3 2 3 financials (ex real estate) 10 8 5 5 Fixed interest 16 17 50 49 Direct property 11 15 6 6 Listed property 2 2 — — Cash and cash equivalents 4 7 — — Third party managed assets 12 12 — — Other 1 — 14 10 Total 100 100 100 100 The pension fund assets are measured at fair value at valuation date. The fair value of equity has been calculated by reference to quoted prices in an active market. The fair value of property and other assets has been determined by performing market valuations and using other valuation techniques at the end of each reporting period. 35 Post-retirement benefit obligations continued 35.2 Pension benefits Continued Investment strategy The trustees target the plans’ asset allocation within the following ranges within each asset class: South Africa¹ United States of America Minimum Maximum Minimum Maximum Asset classes % % % % Equities local 30 45 — 100 foreign 15 30 — 100 Fixed interest 5 25 — 100 Property 10 25 — 100 Other — 15 — 100 1 Members of the defined contribution scheme have a choice of four investment portfolios. The targeted allocation disclosed represents the moderate balanced investment portfolio which the majority of the members of the scheme have adopted. The total assets of the fund under these investment portfolios are R 272 million, R 58 010 million, R 1 027 million and R 2 040 million for the low risk portfolio, moderate balanced portfolio, aggressive balanced portfolio and money market portfolio, respectively. Defined benefit members’ funds are invested in the moderate balanced portfolio. The money market portfolio is restricted to active members from age 55 . The trustees of the respective funds monitor investment performance and portfolio characteristics on a regular basis to ensure that managers are meeting expectations with respect to their investment approach. There are restrictions and controls placed on managers in this regard. Reconciliation of the projected net pension liability/(asset) recognised in the statement of financial position South Africa Foreign Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Projected benefit obligation (funded) 57 054 47 228 3 240 4 757 60 294 51 985 defined benefit portion 25 119 20 860 3 240 4 757 28 359 25 617 defined benefit option for defined contribution members 31 935 26 368 — — 31 935 26 368 Plan assets (60 671) (50 618) (3 732) (4 502) (64 403) (55 120) defined benefit portion (28 736) (23 020) (3 732) (4 502) (32 468) (27 522) defined benefit option for defined contribution members (31 935) (27 598) — — (31 935) (27 598) Projected benefit obligation (unfunded) — — 10 028 11 564 10 028 11 564 Asset not recognised due to asset limitation 3 571 2 923 — — 3 571 2 923 Net liability/(asset) recognised (46) (467) 9 536 11 819 9 490 11 352 The increase of R648 million in the asset limitation (2020 — R604 million) was recognised as a loss in other comprehensive income. The obligation which arises for the defined contribution members with the option to purchase into the defined benefit fund is limited to the assets that they have accumulated until retirement date. However, after retirement date, there is actuarial risk associated with the members as full defined benefit members. 35 Post-retirement benefit obligations continued 35.2 Pension benefits Continued Based on the latest actuarial valuation of the fund and the approval of the trustees of the surplus allocation, the company has an unconditional entitlement to only the funds in the employer surplus account and the contribution reserve. As part of the group's continued cash conservation measures in the current financial year, the employer surplus account was utilised to fund the employer contributions towards the retirement fund. The remaining estimated surplus due to the company amounted to approximately R46 million (2020 — R467 million) and has been included in the pension asset recognised in the current year. Investment risk The actuarial valuation assumes certain asset returns on invested assets. If actual returns on plan assets are below the assumption, this may lead to a strain on the fund, which, over time, may lead to a plan deficit. In order to mitigate the concentration risk, the fund assets are invested across equity securities, property securities and debt securities. Given the long-term nature of the obligations, it is considered appropriate that investment is made in equities and real estate to improve the return generated by the fund. These may result in improved pension benefits to members. Pension increase risk Benefits in these plans are to some extent linked to inflation so increased inflation levels represent a risk that could increase the cost of paying the funds committed to benefits. This risk is mitigated as pension benefits are subject to affordability. Discount rate risk The discount rate is derived from prevailing bond yields. A decrease in the discount rate used will increase the obligation of the plan. Other Changes in other assumptions used could also affect the measured liabilities. There is also a regulatory risk as well as foreign funds under the jurisdiction of other countries. To the extent that governments can change the regulatory frameworks, there may be a risk that minimum benefits or minimum pension increases may be instituted, increasing the associated cost for the fund. 35 Post-retirement benefit obligations continued 35.2 Pension benefits Continued Reconciliation of projected benefit obligation South Africa Foreign Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Projected benefit obligation at beginning of year 47 228 51 241 16 321 12 565 63 549 63 806 Movements recognised in income statement: 6 571 6 218 677 855 7 248 7 073 current service cost 923 1 150 579 572 1 502 1 722 past service cost — — — 39 — 39 curtailments and settlements — — (129) — (129) — interest cost 5 648 5 068 227 244 5 875 5 312 Actuarial (gains)/losses recognised in other comprehensive income: 6 093 (7 938) (378) 1 017 5 715 (6 921) arising from changes in demographic assumptions — — (1) 16 (1) 16 arising from changes in financial assumptions 303 (1 105) (452) 742 (149) (363) arising from change in actuarial experience 5 790 (6 833) 75 259 5 865 (6 574) Member contributions 503 504 — — 503 504 Benefits paid (3 341) (2 797) (1 070) (988) (4 411) (3 785) Transferred to held for sale assets — — — — — — Translation of foreign operations — — (2 282) 2 872 (2 282) 2 872 Projected benefit obligation at end of year 57 054 47 228 13 268 16 321 70 322 63 549 unfunded obligation* — — 10 028 11 564 10 028 11 564 funded obligation 57 054 47 228 3 240 4 757 60 294 51 985 * Certain of the foreign defined benefit plans have reimbursement rights under contractually agreed legal binding terms that match the amount and timing of some of the benefits payable under the plan. This reimbursive right has been recognised in long-term receivables at fair value of R218 million (2020 – R270 million). A decrease of R22 million (2020 – increase of R2 million) has been recognised as a loss in other comprehensive income in respect of the reimbursive right. Reconciliation of plan assets of funded obligation South Africa Foreign Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Fair value of plan assets at beginning of year 50 618 54 115 4 502 4 270 55 120 58 385 Movements recognised in income statement: 5 678 5 120 80 118 5 758 5 238 interest income 6 035 5 352 80 118 6 115 5 470 interest on asset limitation (357) (232) — — (357) (232) Actuarial gains/(losses) recognised in other comprehensive income: 6 660 (7 481) 759 (26) 7 419 (7 507) arising from return on plan assets 6 660 (7 481) 759 (26) 7 419 (7 507) (excluding interest income) Plan participant contributions* 503 504 — — 503 504 Employer contributions* 553 1 157 53 20 606 1 177 Benefit payments (3 341) (2 797) (869) (795) (4 210) (3 592) Translation of foreign operations — — (793) 915 (793) 915 Fair value of plan assets at end of year 60 671 50 618 3 732 4 502 64 403 55 120 Actual return on plan assets 12 338 (2 361) 839 93 13 177 (2 268) 35 Post-retirement benefit obligations continued 35.2 Pension benefits Continued * Contributions, for the defined contribution section, are paid by the members and Sasol at fixed rates. Contributions Funding is based on actuarially determined contributions. The following table sets forth the projected pension contributions of funded obligations for the 2022 financial year. South Africa Foreign Rm Rm Pension contributions 527 247 Sensitivity analysis A sensitivity analysis is performed in order to assess how the post-retirement pension obligation would be affected by changes in the actuarial assumptions underpinning the calculation. South Africa Foreign 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm 1% point change in actuarial assumptions Increase in average salaries increase assumption 9 9 470 676 Decrease in average salaries increase assumption (8) (9) (446) (479) Increase in the discount rate (1 474) (1 425) (1 833) (2 269) Decrease in the discount rate 1 748 3 237 2 360 3 133 Increase in the pension increase assumption 1 821 3 309 1 353 * 1 446 * Decrease in the pension increase assumption (1 566) (1 491) (1 102) * (1 179) * * This sensitivity analysis relates only to the Europe obligations as there are no automatic pension increases for the United States of America pension plan, and thus it is not one of the inputs utilised in calculating the obligation. The sensitivities may not be representative of the actual change in the post-retirement pension obligation, as it is unlikely that the changes would occur in isolation of one another, and some of the assumptions may be correlated.

Share-based payment reserve

Share-based payment reserve	12 Months Ended
Share-based payment reserve	Jun. 30, 2021
Share-based payment reserve.
Share-based payment reserve	Reserves 36 Share-based payment reserve 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm During the year, the following share-based payment expense was recognised in the income statement relating to the equity-settled share-based payment schemes: Sasol Khanyisa Employee Share Ownership Plan(ESOP) 36,1 885 1 068 952 Tier 1 — Eligible Inzalo participants 567 642 628 Tier 2 — Qualifying employees 318 426 324 Long-term incentives 36,2 1 042 878 707 Equity-settled — recognised directly in equity 1 927 1 946 1 659 36.1 Sasol Khanyisa was implemented on 1 June 2018. Sasol Khanyisa has been designed to comply with the revised B-BBEE legislation in South Africa and seeks to ensure on-going and sustainable B-BBEE ownership credentials for Sasol Limited. 36 Share-based payments reserve continued 36.1 The Sasol Khanyisa share transaction continued Sasol Khanyisa contains a number of elements structured at both a Sasol Limited and at a subsidiary level, Sasol South Africa Limited (SSA) which is a wholly-owned subsidiary of Sasol Limited and houses the majority of the group’s South African operations. At the end of 10 years, or earlier if the underlying funding has been settled, the participants will exchange their SSA shareholding on a fair value-for-value basis for SOLBE1 shares to the extent of any value created during the transaction term. SOLBE1 shares can only be traded between Black Persons on the Empowerment Segment of the JSE. This transaction will therefore ensure evergreen B-BBEE ownership credentials for Sasol Limited. Remaining components of the transaction: Tier 1 —Eligible Inzalo participants Former Inzalo Employee Scheme participants, who were still actively employed by Sasol during May 2018 were granted rights in SOL shares or SOLBE1 Shares, at no cost to them, to the value of R100 000, all of which vests after a three year service period. Black employees were able to choose to receive the award in SOL or SOLBE1 shares, whilst employees who are not black people received an award in SOL shares, as SOLBE1 shares may only be held by qualifying black people. Employees received dividends on these shares throughout the 3 year vesting period. This award was recognised on a straight line basis over the three year vesting period. The Tier 1 options vested on 1 June 2021. An amount of R1,9 billion was reclassified from the share-based payments reserve to retained earnings upon vesting. 36 Share-based payments reserve continued 36.1 The Sasol Khanyisa share transaction continued Tier 2 — SSA qualifying employees Qualifying black employees participate via the Khanyisa Employee Share Ownership plan (Khanyisa ESOP) through a beneficial interest, funded wholly by Sasol (vendor funding), in approximately 9,2% in SSA. As dividends are declared by SSA, 97,5% of these will be utilised to repay the vendor funding, as well as the related financing cost, calculated at 75% of prime rate. 2,5% of dividends will be distributed to participants as a trickle dividend and accounted for as a non-controlling interest. At the end of the 10 year transaction term, or earlier, if the vendor funding is repaid, the net value in SSA shares will be exchanged for SOLBE1 shares on a fair value-for-value basis which will be distributed to participants. Any vendor funding not yet settled by the end of the transaction term will be settled using the SSA shares, and will reduce any distribution made to participants. Since any ultimate value created for participants will be granted in the form of SOLBE1 shares, the accounting for this transaction is similar to an option over Sasol shares granted for no consideration. Tier 2 2 Tier 1 1 Tier 1 1 Khanyisa SOL shares SOLBE shares shares for the year ended 30 June 2021 2021 2021 Grant date Date 1 June 2018 1 June 2018 25 May 2018 Khanyisa Class of shares SOL shares SOLBE1 shares shares Shares Number 2 082 520 2 396 048 27 136 679 Weighted average fair value on grant date Rand 481,50 370,00 64,53 IFRS expense recognised for the year Rm 304 263 318 1 The Tier 1 options vested on 1 June 2021. 2 The Tier 2 options have a staggered vesting period with portions vesting from 3 years , and then each year until the end of the transaction term, being 10 years . The outstanding options at 30 June 2021 have a weighted average remaining vesting period of 2,6 years. The weighted average fair value price is derived from the Monte-Carlo option pricing model. The estimated strike price value for Tier 2 is R 290,52 and represents the remaining vendor funding per share at 30 June 2021. 36 Share-based payments reserve continued 36.1 The Sasol Khanyisa share transaction continued Accounting policies: To the extent that an entity grants shares or share options in a BEE transaction and the fair value of the cash and other assets received is less than the fair value of the shares or share options granted, such difference is charged to the income statement in the period in which the transaction becomes effective. Where the BEE transaction includes service conditions the difference will be charged to the income statement over the period of these service conditions. Trickle dividends paid to participants during the transaction term are taken into account in measuring the fair value of the award. As the funds to pay the trickle dividend are leaving the Company, a corresponding share of earnings will be allocated to the non-controlling shareholders. Areas of judgement: The measurement of the Khanyisa SSA share based payment is subject to estimation and judgment, as there are a number of variables affecting the Monte-Carlo option pricing model used in the calculation of the share based payment. The value of the share based payment is determined with reference to the extent the fair value of SSA and any dividends declared by SSA is expected to exceed any outstanding vendor financing at the end of the transaction period. ● Equity value attributable to participants: The value attributable to the participants by virtue of their shareholding in SSA was calculated with reference to the expected future cash flows and budgets of the SSA Group. The underlying macroeconomic assumptions utilised for this valuation are based on latest forecast and estimates and include brent crude oil prices, US$/Rand exchange rates and pricing assumptions. ● Forecasted dividend yield: The forecasted dividend yield of the SSA Group was calculated based on a benchmarked EBITDA multiple, and the available free cash flow anticipated over the term of the transaction of 10 years. 36 Share-based payments reserve continued 36.1 The Sasol Khanyisa share transaction continued ● Other assumptions: Impacts of non-transferability and appropriate minority and liquidity discounts have also been taken into account. Discount rates applied incorporate the relevant debt and equity costs of the group, and are aligned to the WACC rates for the entity. ● A zero-coupon Rand interest rate swap curve was constructed and utilised as an appropriate representation of a risk-free interest rate curve. ● A Rand prime interest rate curve was estimated utilising the historical Rand Prime Index and the 3 month Johannesburg Interbank Agreed Rate. 36.2 Sasol Long-term Incentive Scheme The objective of the Sasol Long-term Incentive (LTI) scheme is to provide qualifying employees the opportunity of receiving an incentive linked to the value of Sasol Limited ordinary shares and to align the interest of employees with the interest of shareholders. The LTI scheme allows certain senior employees to earn a long-term incentive amount linked to certain Corporate Performance Targets (CPTs). Allocations of the LTI are linked to the performance of both the group and the individual. The employer companies make a cash contribution to an independent service provider to enable this ownership plan. On resignation, LTIs which have not yet vested will lapse. On death, retirement and retrenchment, the LTIs vest immediately, calculated to the extent that the CPTs are anticipated to be met, and are settled within 40 days from the date of termination. Accelerated vesting does not apply to top management. In November 2016, the scheme was converted from cash-settled to equity-settled. All the vesting conditions and all other terms and conditions of the scheme remain the same, including the standard vesting period of three years, with the exception of top management, who have a three The maximum number of shares issued under the equity-settled LTI scheme may not exceed 32,5 million representing 5% of Sasol Limited’s issued share capital at the time of approval. Weighted average Number of fair value Movements in the number of incentives outstanding incentives Rand Balance at 30 June 2019 6 619 597 422,20 LTIs granted 6 424 377 275,61 LTIs exercised (1 380 689) 368,28 Effect of CPTs and LTIs forfeited (754 973) 378,19 Balance at 30 June 2020* 10 908 312 345,74 LTIs granted 5 957 275 146,58 LTIs exercised (1 940 848) 352,18 Effect of CPTs and LTIs forfeited (1 452 069) 345,14 Balance at 30 June 2021* 13 472 670 256,68 * The incentives outstanding as at 30 June 2021 have a weighted average remaining vesting period of 1,9 36 Share-based payments reserve continued 36.2 Sasol Long-term Incentive Scheme contined 2021 2020 for year ended 30 June Rand Rand Average weighted market price of LTIs vested 134,25 254,70 Average fair value of incentives granted 2021 2020 Model Monte-Carlo Monte-Carlo Risk-free interest rate — Rand (%) 3,99 – 5,90 6,07 – 7,04 Risk-free interest rate — US$ (%) 0,17 – 0,28 0,39 – 0,81 Expected volatility (%) 98,34 45,28 Expected dividend yield (%) 3,49 4,34 Expected forfeiture rate (%) 5 5 Vesting period — top management 3 / 5 years 3/5 years Vesting period — all other participants 3 years 3 years The risk-free rate for periods within the contractual term of the rights is based on the Rand and US$ swap curve in effect at the time of the valuation of the grant. The expected volatility in the value of the rights granted is determined using the historical volatility of the Sasol share price. The expected dividend yield of the rights granted is determined using expected dividend payments of the Sasol ordinary shares. The valuation of the share-based payment expense requires a significant degree of judgement to be applied by management. Accounting policies: The equity-settled schemes allow certain employees the right to receive ordinary shares in Sasol Limited after a prescribed period. Such equity-settled share-based payments are measured at fair value at the date of the grant. The fair value determined at the grant date of the equity-settled share-based payments is charged as employee costs, with a corresponding increase in equity, on a straight-line basis over the period that the employees become unconditionally entitled to the shares, based on management’s estimate of the shares that will vest and adjusted for the effect of non-market-based vesting conditions. These equity-settled share-based payments are not subsequently revalued.

Contingent liabilities

Contingent liabilities	12 Months Ended
Contingent liabilities	Jun. 30, 2021
Contingent liabilities
Contingent liabilities	Other disclosures 37 Contingent liabilities 37.1 Claimed compensation for lung diseases — Sasol Mining (Pty) Ltd On 2 April 2015, 22 plaintiffs (at that time 1 current and 21 former employees) instituted action against Sasol Mining (Pty) Ltd at the High Court in Gauteng, South Africa, for allegedly having contracted lung diseases while working at its collieries. The plaintiffs inter alia allege that they were exposed to harmful quantities of coal dust while working underground for Sasol Mining and that the company failed to comply with various sections of the Mine Health and Safety Act, 1996. All of which the plaintiffs allege, increased the risk for workers to contract coal dust related lung diseases. This lawsuit is not a class action but rather 22 individual cases, each of which will be judged on its own merits. The plaintiffs seek compensation for damages relating to past and future medical costs and loss of income amounting to R82,5 million in total plus interest. Two plaintiffs have since passed away and their claims have been formally withdrawn. The total amount of the remaining claims is R67,2 million plus interest. Sasol Mining is defending the claim. The merits of each single claim are not clear yet since Sasol is awaiting the plaintiffs’ response to Sasol’s request for further particulars. A date for a hearing has not been set yet. Therefore, it is not possible at this stage to make an estimate of the likelihood that the plaintiffs will succeed with their claim and if successful, what the quantum of damages would be that the court will award. Therefore, no provision has been created for the litigation matter as at 30 June 2021. Construction disputes — Fischer Tropsch Wax Expansion Project in Sasolburg (FTWEP) After the conclusion of construction of FTWEP at the Sasol One site in Sasolburg, a number of contractual claims were instituted by some contractors who were involved in the construction and project management relating to this project. Certain of these claims have already been resolved, either through settlement between the parties or through the contractual dispute resolution process. The Fluor SA (Pty) Ltd matter is still ongoing. Fluor SA (Pty) Ltd — FTWEP Fluor claimed a total amount of R486 million plus interest. This claim is based on the nature and quantification of Fluor’s alleged entitlement to a change to the prices and completion dates for delayed access. The claim was referred to adjudication. The adjudicator rejected Fluor’s entire claim. Subsequently, Fluor has referred its claim for Arbitration. The Parties have agreed on the appointment of the arbitrator as well as the time schedule for the filing of pleadings in the Arbitration matter. Fluor filed its Statement of Claim on 14 December 2016 and Sasol was scheduled to file its Statement of Defence during May 2017. However, Sasol raised certain objections to the Fluor Statement of Claim as Fluor included certain elements in the claim which were not part of the adjudication of the claim. These objections were adjudicated on 21 June 2017. The Arbitrator ruled that Sasol is not allowed to proceed with the formal objections but that they should be dealt with in Sasol’s Statement of Defence. 37 Contingent liabilities continued 37.1 Litigation continued Sasol filed its Statement of Defence and instead of Fluor filing its replication (and despite Sasol’s previous objections), Fluor amended its Statement of Claim once again. This amendment was filed without notice or leave from the Arbitrator. The amendments made changes to the way in which Fluor now argues the matter. The amendment also changes the capital amount claimed to a lesser amount, being R448 million plus interest. Sasol filed its objection to this late amendment on 22 January 2018. The objection hearing was held on the 12 March 2018. The Arbitrator dismissed the objection by Sasol. Sasol accordingly filed its amended Statement of Claim on 26 April 2018. On the 12 March 2019, Fluor filed and served a further amendment to its Statement of Claim in terms of which a further reduction in the quantum is being claimed. Fluor now claims an amount of R384 million (alternatively the amount of R 407 million based on an alternative assessment of its claim). The expert report filed shortly after the amended statement of claim indicated a further reduction in the amount claimed by Fluor. Based on the expert report the quantum claimed by Fluor reduced to R305 million alternatively R306 million. The Arbitration commenced in October 2020 however the hearing did not conclude. Hearing of Sasol’s expert evidence took place on the 12th and 13th of April 2021. Fluor advised that the presentations constitute new evidence not previously addressed and or raised during the expert engagements and Fluor is prejudiced by not having been able to prepare for cross examination on the “new evidence”. The Arbitration hearing was accordingly stayed until 28 June 2021 to provide Fluor the opportunity to prepare for Cross Examination of Sasol’s experts. During the second week of the Arbitration hearing, we were advised that Fluor’s counsel would not be able to continue with his cross examination of Sasol’s expert witness. The hearing could therefore not conclude, and the parties are in a process of agreeing on new dates for the Arbitration hearing to recommence. It is anticipated that the hearing will only recommence during November 2021. Sasol believes that Fluor’s original claim, including the amended claims are not justified. This view is supported by Sasol’s independent experts. Accordingly, no provision was created at 30 June 2021. Dispute of dismissal during unprotected strike — Sasol Mining (Pty) Ltd During 2009, the applicants in this matter were charged for participating in an unprotected sit-in, threatening and forcing others to participate in an unprotected strike and for assaulting or attempting to assault others and sitting in underground during an unprotected strike and subsequently dismissed. The applicants disputed their dismissal. The Labour Court gave judgment in this matter on 19 September 2019 and ruled against Sasol Mining. It was directing the employer to reinstate the employees based on substantial unfairness and procedural fairness. Retrospective payment of remuneration was ordered in different categories, ranging from one 37 Contingent liabilities continued 37.1 Litigation continued Sasol Mining has successfully applied for leave to appeal the ruling. The appeal was heard on 24 March 2021. The Labour Appeal Court has not yet ruled on the matter but requested the parties to attempt to reach a settlement. Sasol Mining presented a settlement proposal which provided for a lump sum payment in full and final settlement of all claims which was rejected by the Respondents. The Respondents’ counteroffer was subsequently rejected by Sasol Mining insofar as it required reinstatement of certain employees, payment of 24 months’ salary to the Respondents as well as the Respondents’ Inzalo benefits. The Labour Appeal Court was informed that the parties were unable to settle the matter and the Labour Appeal Court’s ruling is now being awaited. In due of the above circumstances a provision in the amount of R 88 million was accounted for at 30 June 2021. Dispute by Solidarity Trade Union relating to Sasol Khanyisa share scheme Solidarity referred a dispute relating to the Sasol Khanyisa share scheme to the Commission for Conciliation, Mediation and Arbitration (CCMA) on 17 December 2017, where after conciliation proceedings commenced on 11 January 2018. On 5 February 2018, Sasol received a letter from Solidarity demanding a payment to their members (non-qualifying employees for Phase 2 of Khanyisa) equal to “the market value of the Sasol Khanyisa shares which qualifying employees will be entitled to within seven days after such entitlement (2028) or payment to each member of R500 000 by the end of December 2018.” A second referral to the CCMA was received on 8 March 2018, conciliation was attempted on two occasions, on 9 and 25 May 2018, but was unsuccessful and a certificate to this effect was issued on 14 June 2018. This would entitle Solidarity to conduct a lawful strike provided picketing rules are in place. On 25 October 2018, Solidarity served Sasol with its referral of the dispute to the CCMA in terms which Solidarity seeks the dispute be conciliated as an unfair discrimination matter. If unsuccessfully conciliated by the CCMA, it will be referred to the Labour Court for adjudication. This process was originally proposed by Sasol, but unheeded by Solidarity. The matter was referred to the CCMA and was subsequently certified as unresolved in February 2019. On 6 May 2019, Sasol received Solidarity’s statement of claim filed with the Labour Court in Johannesburg. Sasol filed its replying documentation to Solidarity’s statement of claim on the last day of July 2019. Subsequently the Judge President of the Labour Court invited Sasol and three other respondents (PPC, ArcelorMittal and Minopex) in three other cases where Solidarity is the Applicant on similar grounds, to meet. The purpose of the meeting was to make attempts to consolidate the disputes and set a stated case (combined version setting out the dispute) to afford the court to save time by hearing similar matters simultaneously. The various legal teams gathered at a meeting during the first week of October 2019 and a draft Statement of Case was prepared. The Labour Court was scheduled to hear the matter on 17 September 2020 in Johannesburg. A few weeks prior to this hearing, the prepared Statement of Case formulation was amended by Solidarity and the other parties unsuccessfully objected to the amended wording. Sasol and the parties, save for PPC who had the date of 17 September 2020 allocated to them originally, decided to withdraw and apply for separate dates to foster their cases individually. No new date has been received yet, and since Solidarity is the applicant in this matter, it will be responsible for the application of dates. No provision has been created at 30 June 2021. 37 Contingent liabilities continued 37.1 Litigation continued Legal review of Sasol Gas National Energy Regulator of South Africa (NERSA) maximum price decision and NERSA gas transmission tariff application (March 2013) Pursuant to the 2013 NERSA decisions approving the Sasol Gas maximum gas prices and transmission tariffs, Sasol Gas implemented a standardised pricing mechanism in its supply agreements with customers in compliance with the applicable regulatory and legal framework. NERSA approved further maximum gas prices and transmission tariffs based on the same pricing and tariff mechanisms in November 2017. Seven of Sasol Gas’s largest customers initiated a judicial review of the 2013 NERSA decisions relating to its maximum price and tariff methodologies and NERSA’s decision on Sasol Gas’s maximum price and transmission tariff applications. On 15 July 2019, the Constitutional Court overturned the 2013 NERSA maximum price decisions and ordered NERSA to revise its decisions. The new decision by NERSA regarding the maximum gas price to be approved for Sasol will apply retrospectively from 26 March 2014 when the original decisions (now overturned) became effective. During May 2020, the Industrial Gas Users Association of Southern Africa, an industry association whose members include several large gas customers, launched an application to review and overturn the November 2017 NERSA maximum gas price decision approving maximum gas prices for Sasol Gas for the period from 1 July 2017 to 30 June 2020. This NERSA decision was overturned on 3 May 2021 and accordingly, the new decision by NERSA regarding the maximum gas price will apply to this period as well. Following the above mentioned outcome of the appeal to the Constitutional Court, NERSA must approve new maximum gas prices for Sasol in terms of the provisions of the Gas Act. After a public consultation process in which Sasol participated, NERSA, during April 2020, adopted a new maximum gas price methodology, which was published by NERSA in June 2020. After the adoption of the new maximum gas price methodology NERSA engaged with licensees and affected stakeholders on the intended application of the methodology. Pursuant to the Sasol Gas price application submitted to NERSA in December 2020, NERSA, on 6 July 2021 published its maximum gas price decision in which it approved maximum gas prices for Sasol Gas for the period from 2014 up to 2021 and determined how the maximum prices are to be determined for 2022 and 2023. The future implementation of the new NERSA approved maximum gas price could have a material adverse effect on our business, operating results, cash flows and financial condition. Because the new maximum gas prices approved by NERSA for the period of the overturned decision is lower than the actual price charged to a large number of Sasol Gas’ customers, a retrospective liability may arise for Sasol Gas when customers institute claims for compensation based on the differences between the new approved maximum gas prices and actual gas prices historically charged by Sasol Gas. Sasol Gas raised a provision of R1,4 billion as at 30 June 2021 in respect of these anticipated claims. 37 Contingent liabilities continued 37.1 Litigation continued Securities class action against Sasol Limited and some of its current and former executive directors A class action lawsuit was filed against Sasol Limited and several of its current and former officers in a Federal District Court in New York (the Court). The lawsuit alleges that Sasol violated U.S. federal securities laws by allegedly making false or misleading public statements regarding the LCCP between 2015 and 2020, specifically with respect to timing, costs, and control procedures, (refer to the Group’s annual financial statements for the year ended 30 June 2020). The Court dismissed the claims based on alleged misrepresentations about the effectiveness of internal controls over financial reporting and the management of the LCCP but found that the portions of the case related to the allegations of violations of U.S. securities laws based on alleged misrepresentations about LCCP cost estimates and schedules could move forward. On 30 October 2020, Sasol filed a Motion for Reconsideration of the Court’s order denying Sasol’s Motion to Dismiss. On 15 December 2020 Sasol filed a supplemental brief in support of its Motion. Plaintiffs filed an opposition on 19 January 2021, and Sasol filed a reply on 1 February 2021. On 7 July 2021 the Court denied Sasol’s motion and ordered the parties to file a revised proposed scheduling order as to the discovery. The Discovery Schedule was submitted on 9 August 2021 to the Court for its approval. The plaintiff has not specified any amount of damages to date. In the amended complaint, a compensatory claim for damages for the members of the class was left for the trial to be determined. Therefore, no potential loss can be reliably estimated at this stage. Consequently, no provision has been recognised at 30 June 2021. In this context, it is important to also note that Sasol’s Directors and Officers insurance has indicated coverage under the policy for this matter. Other litigation and tax matters From time to time, Sasol companies are involved in other litigation and similar proceedings in the normal course of business. A detailed assessment is performed on each matter and a provision is recognised where appropriate. Although the outcome of these proceedings and claims cannot be predicted with certainty, the company does not believe that the outcome of any of these cases would have a material effect on the group’s financial results. 37.2 Competition matters Sasol continuously evaluates its compliance programmes and controls in general, including its competition law compliance programmes and controls. As a consequence of these compliance programmes and controls, including monitoring and review activities, Sasol has adopted appropriate remedial and/or mitigating steps, where necessary or advisable, lodged leniency applications and made disclosures on material findings as and when appropriate. These ongoing compliance activities have already revealed, and may still reveal, competition law contraventions or potential contraventions in respect of which we have taken, or will take, appropriate remedial and/or mitigating steps including lodging leniency applications. 37 Contingent liabilities continued 37.3 Sasol’s environmental obligation accrued at 30 June 2021 was R16 196 million compared to R21 790 million at 30 June 2020. Although Sasol has provided for known environmental obligations that are probable and reasonably estimable, the amount of additional future costs relating to remediation and rehabilitation may be material to results of operations in the period in which they are recognised. It is not expected that these environmental obligations will have a material effect on the financial position of the group.

Related party transactions

Related party transactions	12 Months Ended
Related party transactions	Jun. 30, 2021
Related party transactions
Related party transactions	38 Related party transactions Parties are considered to be related if one party directly or indirectly has the ability to control or jointly control the other party or exercise significant influence over the other party or is a member of the key management of the reporting entity (Sasol Limited). In particular, this relates to joint ventures and associates. Disclosure in respect of joint ventures and associates is provided in note 22. Group companies, in the ordinary course of business, entered into various purchase and sale transactions with associates and joint ventures. The effect of these transactions is included in the financial performance and results of the group. Terms and conditions are determined on an arm’s length basis. Amounts owing (after eliminating intercompany balances) to related parties are disclosed in the respective notes to the financial statements for those statement of financial position items. No impairment of receivables related to the amount of outstanding balances is required. Material related party transactions The following table shows the material transactions that are included in the annual financial statements using the equity method for associates and joint ventures. 2021 2020 2019 for the year ended 30 June Rm Rm Rm Sales and services rendered from subsidiaries to related parties Joint ventures 2 635 672 1 474 Purchases by subsidiaries from related parties Joint ventures 8 691 718 Associates 100 78 95 108 769 813 Identity of related parties with whom material transactions have occurred Except for the group’s interests in joint ventures and associates, there are no other related parties with whom material individual transactions have taken place. 38 Related party transactions continued Key management remuneration Key management comprises of Executive and Non-executive Directors as well as other members of the Group Executive Committee (GEC)/Prescribed Officers. Retirement Other Annual Total Total Total Salary funding benefits incentives² 2021 2020 1 2019 1 R’000 R’000 R’000 R’000 R’000 R’000 R’000 Executive Directors 24 221 1 078 2 984 37 210 65 493 22 944 46 948 1 Total remuneration for the financial year excludes gains derived from the long-term incentive schemes which are separately disclosed. 2 Short-term incentives approved based on the Group results for the 2021 financial year and payable in the 2022 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2021 multiplied by the Group STI performance and the Individual Performance Factor. Gains on Long-term incentives previously awarded to the Executive Directors’ and former Executive Directors’ vested after the performance period ended 30 June 2021, are as follows: Long incentive Total Total Total vested 1 2021 2020 2019 R’000 R’000 R’000 R’000 Executive Directors 4 824 4 824 2 657 25 025 1 Long-term incentives for the 2021 financial year represent incentives approved on the group results for the performance period ended 30 June 2021, settled in the 2022 financial year. Remuneration and benefits paid and short-term incentives approved for the Prescribed Officers were as follows: Retirement Other Annual Total Total Total Salary funding benefits incentives 2 2021 1 2020 1 2019 1 R’000 R’000 R’000 R’000 R’000 R’000 R’000 Prescribed Officers 35 540 5 086 10 737 41 454 92 817 52 142 67 488 Number of Prescribed Officers 7 6 8 1 Total remuneration for the financial year excludes gains derived from the long-term incentive schemes which are separately disclosed. 2 Short-term incentives approved based on the Group results for the 2021 financial year and payable in the 2022 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2021 multiplied by the Group STI performance and the Individual Performance Factor. Gains on Long-term incentives previously awarded to the Prescribed Officers vested after the performance period ended 30 June 2021, are as follows: Long-term incentive rights Total Total Total vested 1 2021 2020 2019 R’000 R’000 R’000 R’000 Prescribed Officers 6 735 6 735 4 201 68 559 1 Long-term incentives for the 2021 financial year represent incentives approved on the group results for the performance period ended 30 June 2021, settled in the 2022 financial year. Gains on Long-term incentives previously awarded to the former Joint CEOs and Presidents and vested after the performance period ended 30 June 2021, are as follows: 38 Related party transactions continued Long-term incentive rights Total Total vested 1 2021 2020 R’000 R’000 R’000 Former Joint CEOs and Presidents 6 182 6 182 3 765 1 Long-term incentives for the 2021 financial year represent incentives approved on the group results for the performance period ended 30 June 2021, settled in the 2022 financial year. The total IFRS2 charge for LTI’s awarded to the Executive Directors and the Prescribed Officers in 2021 amounted to R26 million and R36 million. Non-executive Directors’ emoluments for the year was as follows: Ad Hoc Special Board Lead Board — meeting Director Committee Committee Total Total Total fees fees fees Meeting 2021 2020 2019 R’000 R’000 R’000 R’000 R’000 R’000 R’000 Non-executive Directors 24 996 707 6 878 959 33 540 39 743 32 455

Subsequent events

Subsequent events	12 Months Ended
Subsequent events	Jun. 30, 2021
Subsequent events
Subsequent events	39 Subsequent events Clean Fuels II specifications were promulgated in South Africa in 2006, and amended in 2012 and 2017. The draft Clean Fuels II regulations, published on 30 March 2021 for comment, allowed for an implementation period of five years which was consistent with our engagements with the Department of Mineral Resources and Energy (DMRE) on the time to implement a Clean Fuels II solution. On 31 August 2021, the Clean Fuels II Regulations were published, stipulating implementation of the specifications by 1 September 2023. In terms of the new Regulations, fuels that do not comply with the Clean Fuels II prescribed specification may not be sold or produced for domestic consumption. Sasol, together with industry bodies, have been engaging with the DMRE as we firmly believe that the country would require five years to be fully compliant with the Clean Fuels II specifications. Our implementation of the Clean Fuels II solution at Secunda is progressing and well on track to deliver on-specification product in calendar year 2025. Accordingly, the promulgated implementation date of 1 September 2023 may have a material adverse effect on our operations. During 2009, certain employees in Sasol Mining were charged with participation in an unprotected sit-in, threatening and forcing others to participate in an unprotected strike and for assaulting or attempting to assault others during an unprotected strike. They were subsequently dismissed. These employees are disputing their dismissal. On 19 September 2019, the Labour Court passed a judgement directing inter alia Sasol Mining to re-instate the employees and pay certain past benefits. Sasol Mining filed an application for leave to appeal the judgement. The appeal was heard on 24 March 2021. In view of the above circumstances a provision in the amount of R88 million was accounted for at 30 June 2021. On 9 September 2021, the Labour Appeal Court ruled on the matter upholding the appeal and setting aside the court a quo’s ruling and replacing it with an order confirming that the dismissal of the respondent employees were substantively and procedurally fair. During July 2021, social unrest and widespread protest action flared in certain parts of South Africa impacting the movement of product from refineries, warehouses and the national ports. The impact of this unrest in South Africa resulted in a delay in shipments impacting the timing of sales over July and August 2021. In addition, Transnet, who is a key service provider that manage the South African rail, port and pipeline infrastructure was the target of a ransomware cyber-attack that compromised all their systems. As a result, the supply chain activities contracted to Transnet were impacted for the duration of their systems being offline. The cyber-attack on Transnet primarily affected operations at several container terminals and interrupted cargo movement. These issues have subsequently been resolved.

Financial risk management and f

Financial risk management and financial instruments	12 Months Ended
Financial risk management and financial instruments	Jun. 30, 2021
Financial risk management and financial instruments
Financial risk management and financial instruments	40 Financial risk management and financial instruments Financial instruments overview The following table summarises the group’s classification of financial instruments. Carrying value Designated At fair value Designated at fair value through hedging through other profit and instrument comprehensive Amortised loss at fair value income cost Fair value Note Rm Rm Rm Rm 2021 Financial assets Investments in listed securities — — 466 — 466 Investments in unlisted securities — — 8 — 8 Other long-term investments — — — 1 422 1 422 Long-term receivables 21 — — — 3 879 3 879 Long- and short-term financial assets 2 323 — — — 2 323 Trade and other receivables** 26 — — — 27 218 27 218 * Cash and cash equivalents 29 — — — 31 231 31 231 * Financial liabilities Listed long-term debt (Bonds issued) + 17 — — — 68 405 72 226 Unlisted long-term debt + 17 — — — 34 238 34 274 Lease liabilities 18 — — — 15 677 — Short-term debt and bank overdraft — — — 303 303 * Long- and short-term financial liabilities 3 070 2 103 — — 5 173 Trade and other payables 27 — — — 22 637 22 637 * Carrying value Designated At fair value Designated at fair value through hedging through other profit and instrument Comprehensive Amortised loss at fair value income cost Fair value Note Rm Rm Rm Rm 2020 Financial assets Investments in listed securities — — 498 — 498 Investments in unlisted securities — — 13 — 13 Other long-term investments — — — 1 415 1 415 Long-term receivables 21 — — — 5 799 5 799 Long- and short-term financial assets 645 — — — 645 Trade and other receivables** 26 — — — 22 066 22 066 * Cash and cash equivalents 29 — — — 34 739 34 739 * Financial liabilities Listed long-term debt (Bonds issued) + 17 — — — 56 760 50 701 Unlisted long-term debt + 17 — — — 110 437 109 724 Lease liabilities 18 — — — 17 719 — Short-term debt and bank overdraft — — — 22 533 22 533 * Long- and short-term financial liabilities 5 748 4 143 — — 9 891 Trade and other payables 27 — — — 21 164 21 164 * * The fair value of these instruments approximates carrying value, due to their short-term nature. ** Trade and other receivables includes employee-related and insurance-related receivables. + Includes unamortised loan costs. 40 Financial risk management and financial instruments continued The group is exposed in varying degrees to a number of financial instrument related risks. The Group Executive Committee (GEC) has the overall responsibility for the establishment and oversight of the group’s risk management framework. The GEC established the Risk and Safety, Health and Environment Committee, which is responsible for providing the board with the assurance that significant business risks are systematically identified, assessed and reduced to acceptable levels. A comprehensive risk management process has been developed to continuously monitor and assess these risks. Based on the risk management process Sasol refined its hedging policy and the Sasol Limited Board appointed, the Audit Committee that meets regularly to review and, if appropriate, approve the implementation of hedging strategies for the effective management of financial market related risks. The group has a central treasury function that manages the financial risks relating to the group’s operations. Capital allocation The group’s objectives when managing capital (which includes share capital, borrowings, working capital and cash and cash equivalents) is to maintain a flexible capital structure that reduces the cost of capital to an acceptable level of risk and to safeguard the group’s ability to continue as a going concern while taking advantage of strategic opportunities in order to grow shareholder value sustainably. The group manages the capital structure and makes adjustments to it in light of changes in economic conditions and the risk characteristics of the underlying assets. In order to maintain the capital structure, the group may adjust the amount of dividends paid to shareholders, return capital to shareholders, repurchase shares currently issued, issue new shares, issue new debt, issue new debt to replace existing debt with different characteristics and/or sell assets to reduce debt. The group monitors capital utilising a number of measures, including the gearing ratio. The group’s targeted gearing (net debt to shareholders’ equity) ratio has been lifted to a range of 55% to 65% for 2021 and thereafter will be managed down to the long-term target of between 20% and 40%. Gearing takes into account the group’s substantial capital investment and susceptibility to external market factors such as crude oil prices, exchange rates and commodity chemical prices. The group’s gearing level for 2021 is 61,5% (2020 – 117%; 2019 – 56,3%). Financing risk Financing risk refers to the risk that financing of the group’s net debt requirements and refinancing of existing borrowings could become more difficult or more costly in the future. The group's ability to obtain financing on favourable terms may be significantly impacted by increased regulation from governmental and regulatory authorities and the lending policies adopted by financial institutions and the actions of non-governmental organisations as a result of the environmental impacts of the group's activities. This risk can be decreased by managing the group within the targeted gearing ratio, maintaining an appropriate spread of maturity dates, and managing short-term borrowings within acceptable levels. The group’s target for long-term borrowings include an average time to maturity of at least two years, and an even spread of maturities. 40 Credit rating Moody’s Investors Service (Moody’s) on 5 March 2020 revised Sasol’s credit rating from Baa3, negative to Ba1 stable and on 31 March 2020 further revised it to Ba2 and placed the company under review for a downgrade on the back of oil price volatility and the impact of the COVID-19 pandemic on the global economy. On 15 October 2020 Moody's concluded the review by confirming Sasol's Ba2 credit rating with the outlook changing from ratings under review for downgrade to negative. Sasol's A1.za national issuer scale rating was also confirmed. Risk profile Risk management and measurement relating to each of these risks is discussed under the headings below (sub-categorised into credit risk, liquidity risk, and market risk) which entails an analysis of the types of risk exposure, the way in which such exposure is managed and quantification of the level of exposure in the statement of financial position. Credit risk Credit risk is the risk of financial loss due to counterparties not meeting their contractual obligations. Credit risk is deemed to be low when, based on the forward available information, it is highly probable that the customer will service its debt in accordance with the agreement throughout the period. How we manage the risk The risk is managed by the application of credit approvals, limits and monitoring procedures. Where appropriate, the group obtains security in the form of guarantees to mitigate risk. Counterparty credit limits are in place and are reviewed and approved by the respective subsidiary credit management committees. The central treasury function provides credit risk management for the group-wide exposure in respect of a diversified group of banks and other financial institutions. These are evaluated regularly for financial robustness especially in the current global economic environment. Management has evaluated treasury counterparty risk and does not expect any treasury counterparties to fail in meeting their obligations. The group maximum exposure is the outstanding carrying amount of the financial asset. 40 For all financial assets measured at amortised cost, the group calculates the expected credit loss based on contractual payment terms of the asset. The contractual payment terms for receivables vary from 30 days to 120 days. The exposure to credit risk is influenced by the individual characteristics, the industry and geographical area of the counterparty with whom we have transacted. Financial assets at amortised cost are carefully monitored and reviewed on a regular basis for expected credit loss and impairment based on our credit risk policy. 40.1 Financial risk management Expected credit loss is calculated as a function of probability of default, loss given default and exposure at default. The group allocates probability of default based on external and internal information. The major portion of the financial assets at amortised cost consists of externally rated customers and the group uses the average of Moody’s, Fitch and S&P Corporate and Sovereign probability of defaults, depending on whether the customer or holder of the financial asset is corporate or government related. No changes were made to the majority of formal credit ratings as these credit ratings were obtained close to year-end and therefore already incorporate the current negative economic environment, as well as an entity’s specific circumstances, financial strength and outlook. For customers or debtors that are not rated by a formal the rating agency, the group allocates internal credit ratings and default rates taking into account forward looking information, based on the debtors profile and financial status. Loss given default (LGD) is based on the Basel model. Until 2019, the group used a 45% LGD for unsecured financial assets and 35% for secured financial assets. Basel II, however, requires that LGD parameters reflect economic downturn conditions, meaning that entities’ credit exposures need to reflect the losses entities would expect to incur if all defaults occur during the downturn part of an economic cycle. Based on the continued economic downturn the group, therefore, applied the Board of Governors of the Federal Reserve System’s formula for deriving downturn LGD to be used for 2021 and 2020, namely 50% for unsecured financial assets and 40% for secured financial assets. Credit enhancement is only taken into account if it is integral to the asset. Trade receivables expected credit loss is calculated over lifetime. Other financial assets expected credit loss is measured over 12 months when the credit risk is low and over lifetime where the credit risk has increased significantly. The group considers credit risk to have increased significantly when the customer's credit rating has been downgraded to a lower grade (e.g. A grade to B grade). The group considers customers to be in default when the receivable is more than 30 days overdue or the customer has failed to honour a repayment arrangement. No single customer represents more than 10% of the group’s total turnover or more than 10% of total trade receivables for the years ended 30 June 2021, 2020 and 2019. Approximately 42% (2020 — 44%; 2019 — 50%) of the group’s total turnover is generated from sales within South Africa, while about 24% (2020 — 23%; 2019 — 22%) relates to European sales and 18% (2020 — 17%; 2019 — 14%) relates to sales within the US. The concentration of credit risk within geographic regions is largely aligned with the geographic regions in which the turnover was earned. 40 Financial risk management and financial instruments continued 40.1 Financial risk management continued Detail of allowances for credit losses: 12-month Lifetime ECL ECL No Significant significant increase in Simplified increase in credit risk approach credit risk Total since initial for trade Credit- Total lifetime since initial expected recognition receivables impaired ECL recognition credit loss Rm Rm Rm Rm Rm Rm 2021 Long-term receivables 50 — 41 91 — 91 Trade receivables — 9 192 201 — 201 Other receivables 7 — 275 282 32 314 57 9 508 574 32 606 40.1 Financial risk management and financial instruments continued ‌ 40.1 Financial risk management continued 12-month Lifetime ECL ECL No Significant significant increase in Simplified increase in credit risk approach credit risk Total since initial for trade Credit- Total lifetime since initial expected recognition receivables impaired ECL recognition credit loss Rm Rm Rm Rm Rm Rm 2020 Long-term receivables 349 — 47 396 46 442 Trade receivables — 64 299 363 — 363 Other receivables 12 — 330 342 1 343 361 64 676 1 101 47 1 148 The expected credit losses relating to cash and cash equivalents as well as restricted cash included in other long-term investments are immaterial. The decrease in expected credit losses mainly resulted from financial assets classified as held for sale (R317 million) and translation differences (R148 million). Overview of the credit risk profile of financial assets measured at amortised cost is as follows: 2021 2020 CCC+ and – CCC+ and – AAA to A- BBB to B- below AAA to A- BBB to B- below % % % % % % Long-term receivables 58 39 3 40 20 40 Trade receivables 72 25 3 69 26 5 Other receivables 68 27 5 72 10 18 Cash and cash equivalents* 21 79 — 19 78 3 * Including restricted cash included in other long-term investments. Liquidity risk Liquidity risk is the risk that an entity in the group will be unable to meet its obligations as they become due. The COVID-19 pandemic together with the oil price volatility during the first half of the year continued to impact the group’s operations and results. The lower oil price environment also impacted negatively on chemical prices across most of the group’s sales regions and products. The group experienced a notable gross margin recovery in the second half of the financial year, supported by the combined impact of higher Brent crude oil and chemicals prices, offset by a stronger rand/US dollar exchange and further underpinned by a strong cost, working capital and capital expenditure performance, despite the continued impacts of the COVID-19 pandemic and adverse weather events in North America and South Africa. How we manage the risk The group manages liquidity risk by effectively managing its working capital, capital expenditure and cash flows, making use of a central treasury function to manage pooled business unit cash investments and borrowing requirements. Currently the group is maintaining a positive liquidity position, conserving the group’s cash resources through continued focus on working capital improvement, cost savings and capital reprioritisation especially in the light of the current economic environment. 40 Financial risk management and financial instruments continued 40.1 Financial risk management continued The group meets its financing requirements through a mixture of cash generated from its operations and, short and long-term borrowings and strives to maintain adequate banking facilities and reserve borrowing capacities. Increased cash generation, through delivery of Sasol's self-help measures and asset disposals contributed to balance sheet de-leveraging and meeting of re-instated debt covenant levels at 30 June 2021. To manage cash generated from operations management enhanced its hedging programmes aimed to protect margins at several of its operations and exceeded its targets in respect of its US$2 billion cash conservation programme. From a financing perspective, the group currently has sufficient undrawn borrowing facilities. Refer to note 17. The next material maturity is the $1 billion bond due in November 2022. Our exposure to and assessment of the risk The maturity profile of the undiscounted contractual cash flows of financial instruments at 30 June were as follows: Contractual Within one One to Three to More than cash flows* year three years five years five years Note Rm Rm Rm Rm Rm 2021 Financial assets Non-derivative instruments Long-term receivables 21 3 970 — 1 098 908 1 964 Trade and other receivables 26 27 218 27 218 — — — Cash and cash equivalents (excluding restricted cash) 29 27 559 27 559 — — — Investments through other comprehensive income 474 474 — — — Other long-term investments 1 422 — — — 1 422 60 643 55 251 1 098 908 3 386 Derivative instruments Foreign exchange contracts 8 169 8 169 — — — Crude oil put options 46 46 — — — Foreign exchange zero cost collars 1 150 1 150 — — — Ethane swap options 156 156 — — — Other commodity derivatives 9 9 — — — Other currency derivatives 1 727 107 231 241 1 148 71 900 64 888 1 329 1 149 4 534 Financial liabilities Non-derivative instruments Long-term debt 17 (119 921) (8 997) (66 190) (6 698) (38 036) Lease liabilities 18 (31 679) (2 997) (5 067) (4 226) (19 389) Short-term debt 17 (60) (60) — — — Trade and other payables 27 (22 637) (22 637) — — — Bank overdraft 29 (243) (243) — — — Financial guarantees** (313) (313) — — — (174 853) (35 247) (71 257) (10 924) (57 425) Derivative instruments Foreign exchange contracts (8 134) (8 134) — — — Interest rate swap options (2 234) (668) (960) (513) (93) Crude oil put options (46) (46) — — — Crude oil zero cost collar (1 126) (1 126) — — — Crude oil swap options (1 175) (1 175) — — — Crude oil futures (20) (20) — — — Other currency derivatives (5 422) — — — (5 422) Other commodity derivatives (49) (49) — — — (193 059) (46 465) (72 217) (11 437) (62 940) * Contractual cash flows include interest payments. ** Issued financial guarantees contracts are all repayable on default, however the likelihood of default is considered remote. The shortfall beyond one year will be funded through cash generated from operations, proceeds from the accelerated asset divestment programme, utilisation of available facilities and the refinancing of existing debt. 40 40.1 Financial risk management continued Contractual Within one One to Three to More than cash flows* year three years five years five years Note Rm Rm Rm Rm Rm 2020 Financial assets Non-derivative instruments Long-term receivables 21 5 799 — 2 191 1 064 2 544 Trade and other receivables 26 22 090 22 090 — — — Cash and cash equivalents (excluding restricted cash) 29 32 932 32 932 — — — Investments through other comprehensive income 511 511 — — — Other long-term investments 1 415 1 415 — — — 62 747 56 948 2 191 1 064 2 544 Derivative instruments Foreign exchange contracts 9 185 9 185 — — — Crude oil put options 113 113 — — — Ethane swap options 104 104 — — — Other commodity derivatives 11 11 — — — 72 160 66 361 2 191 1 064 2 544 Financial liabilities Non-derivative instruments Long-term debt* 17 (188 940) (24 213) (38 748) (109 111) (16 868) Lease liabilities 18 (38 187) (3 051) (5 120) (4 199) (25 817) Short-term debt 17 (21 888) (21 888) — — — Trade and other payables 27 (21 164) (21 164) — — — Bank overdraft 29 (645) (645) — — — Financial guarantees (913) (913) — — — (271 737) (71 874) (43 868) (113 310) (42 685) Derivative instruments Foreign exchange contracts (8 770) (8 770) — — — Interest rate swap options (4 143) (780) (1 466) (1 165) (732) Foreign exchange zero cost collars (2 861) (2 861) — — — Crude oil zero cost collar (174) (174) — — — Ethane swap options (230) (230) — — — Crude oil futures (66) (66) — — — Other currency derivatives (10 990) (45) (74) (63) (10 808) Other commodity derivatives (103) (103) — — — (299 074) (84 903) (45 408) (114 538) (54 225) * Contractual cash flows include interest payments. Issued financial guarantees contracts are all repayable on default, however the likelihood of default is considered remote. * Of the amounts due in one to five years, R126 billion relates to the repayment of the bonds, the revolving credit facility and the term loan. 40 40.1 Financial risk management continued Market risk Market risk is the risk arising from possible market price movements and their impact on the future cash flows of the business. The market price movements that the group is exposed to: Foreign currency risk Foreign currency risk is a risk that earnings and cash flows will be affected due to changes in exchange rates. How we manage the risk The Audit Committee sets broad guidelines in terms of tenor and hedge cover ratios specifically to assess future currency exposure, which have the potential to materially affect our financial position. These guidelines and our hedging policy are reviewed from time to time. This hedging strategy enables us to better predict cash flows and thus manage our liquidity and key financial metrics more effectively. Foreign currency risks are managed through the group’s hedging policy and financing policies and the selective use of various derivatives. Our exposure to and assessment of the risk The group’s transactions are predominantly entered into in the respective functional currency of the individual operations. The construction of the LCCP has largely been financed through funds obtained in US dollar, with a small portion of funds obtained from Rand sources. A large portion of our turnover and capital investments are significantly impacted by the rand/US$ and rand/EUR exchange rates. Some of our fuel products are governed by the BFP, of which a significant variable is the rand/US$ exchange rate. Our export chemical products are mostly commodity products whose prices are largely based on global commodity and benchmark prices quoted in US dollars and consequently are exposed to exchange rate fluctuations that have an impact on cash flows. These operations are exposed to foreign currency risk in connection with contracted payments in currencies not in their individual functional currency. The most significant exposure for the group exists in relation to the US dollar and the Euro. The translation of foreign operations to the presentation currency of the group is not taken into account when considering foreign currency risk. Zero-cost collars In line with the risk mitigation strategy, the group hedges a significant portion of its estimated foreign currency exposure in respect of forecast sales and purchases over the following 12 months. The group uses zero-cost collars to hedge its currency risk, most with a maturity of less than one year from the reporting date. Foreign exchange contracts Foreign exchange contracts (FECs) are utilised throughout the group to hedge the risk of currency depreciation on committed and highly probable forecast transactions. Transactions hedged with FECs include capital and goods purchases (imports) and sales (exports). Refer to the summary of our derivatives below. 40 40.1 Financial risk management continued The following significant exchange rates were applied during the year: Average rate Closing rate 2021 2020 2021 2020 Rand Rand Rand Rand Rand/Euro 18,38 17,34 16,93 19,46 Rand/US dollar 15,40 15,69 14,28 17,33 The table below shows the significant currency exposure where entities within the group have monetary assets or liabilities that are not in their functional currency, have exposure to the US dollar or the Euro. The amounts have been presented in rand by converting the foreign currency amount at the closing rate at the reporting date. 2021 2020 Euro US dollar Euro US dollar Rm Rm Rm Rm Long-term receivables — 323 — 427 Trade and other receivables 831 2 265 394 3 218 Cash and cash equivalents 1 895 1 121 1 476 964 Net exposure on assets 2 726 3 709 1 870 4 609 Long-term debt (including lease liabilities) — — (119) (718) Trade and other payables (296) (1 523) (268) (1 674) Net exposure on liabilities (296) (1 523) (387) (2 392) Exposure on external balances 2 430 2 186 1 483 2 217 Net exposure on balances between group companies* (2 559) (8 064) (2 046) (31 894) Total net exposure (129) (5 878) (563) (29 677) * The US$ decrease results from the repayment of the loan provided by Sasol Investment Company to Sasol Financing International for the partial funding of the LCCP. Sensitivity analysis The following sensitivity analysis is provided to show the foreign currency exposure of the individual entities at the end of the reporting period. This analysis is prepared based on the statement of financial position balances that exist at year-end, for which there is currency risk, before consideration of currency derivatives, which exist at that point in time. The effect on equity is calculated as the effect on profit and loss. The effect of translation of results into presentation currency of the group is excluded from the information provided. A 10% weakening in the group’s significant exposure to the foreign currency at 30 June would have increased either the equity or the profit by the amounts below, before the effect of tax. This analysis assumes that all other variables, in particular, interest rates, remain constant, and has been performed on the same basis for 2020. 2021 2020 Euro US Dollar Euro US Dollar Rm Rm Rm Rm Equity (13) (511) (56) (2 968) Income statement (13) (511) (56) (2 968) A 10% movement in the opposite direction in the group’s exposure to foreign currency would have an equal and opposite effect to the amounts disclosed above. 40 40.1 Financial risk management continued Notes to the financial statements Interest rate risk Interest rate risk is the risk that the value of short-term investments and financial activities will change as a result of fluctuations in the interest rates. Fluctuations in interest rates impact on the value of short-term investments and financing activities, giving rise to interest rate risk. The group has significant exposure to interest rate risk due to the volatility in South African, European and US interest rates. How we manage the risk Our debt is comprised of different instrument notes, which by their nature either bear interest at a floating or a fixed rate. We monitor the ratio of floating and fixed interest in our loan portfolio and manage this ratio, by electing to incur either bank loans, bearing a floating interest rate, or bonds, which bear a fixed interest rate. We may also use interest rate swaps, where appropriate, to convert some of our debt into either floating or fixed rate debt to manage the composition of our portfolio. In respect of financial assets, the group’s policy is to invest cash at floating rates of interest and cash reserves are to be maintained in short-term investments (less than one year) in order to maintain liquidity, while achieving a satisfactory return for shareholders. Our exposure to and assessment of the risk At the reporting date, the interest rate profile of the group’s interest-bearing financial instruments, including the effect of the interest rate swap was: Carrying value 2021 2020 Rm Rm Variable rate instruments Financial assets 30 062 36 140 Financial liabilities (7 898) (97 531) 22 164 (61 391) Fixed rate instruments Financial assets 1 788 525 Financial liabilities (110 803) (109 919) (109 015) (109 394) Interest profile (variable: fixed rate as a percentage of total financial assets) 94 : 6 99:1 Interest profile (variable: fixed rate as a percentage of total financial liabilities) 7 : 93 47:53 Cash flow sensitivity for variable rate instruments Financial instruments affected by interest rate risk include borrowings, deposits, derivative financial instruments, trade receivables and trade payables. A change of 1% in the prevailing interest rate in a particular currency at the reporting date would have increased/(decreased) earnings by the amounts shown below before the effect of tax. The sensitivity analysis has been prepared on the basis that all other variables, in particular foreign currency rates, remain constant and has been performed on the same basis for 2020. The sensitivity has been calculated including consideration of the effect of existing interest rate swap derivative instruments. Interest is recognised in the income statement using the effective interest rate method. The US interest rate swap is designated as a hedge instrument, the cash flow hedge reserve will be reclassified to profit and loss on a similar basis. 40 40.1 Financial risk management continued Income statement — 1% increase United States South Africa Europe* of America* Other Rm Rm Rm Rm 30 June 2021 166 19 25 12 30 June 2020 110 15 (761) 21 * A decrease of 1% in interest rates for the United States of America and Europe will not have an effect on the income statement as it is not considered reasonably possible that the repo interest rates will decrease below A 1% decrease in interest rates would have an equal and opposite effect to the amounts disclosed above. The group has exposure to the variable US dollar London Interbank Overnight Rate (LIBOR) through the USD term loan and revolving credit facility. The group has entered into the US interest rate swap to convert a portion of the group’s exposure to the variable LIBOR to a fixed rate. It was designated as the hedging instrument in a cash flow hedge. Hedge effectiveness was determined at the inception of the hedge relationship, and through periodic prospective effectiveness assessments, to ensure that an economic relationship exists between the hedged item and hedging instrument. A regression analysis method is employed for assessing the effectiveness of each designated hedging relationship. Possible sources of hedge ineffectiveness include: ● Differences in critical terms between the interest rate swaps and interest payments, including future payment date mismatches; ● A significant change in the credit risk of either party to the hedging relationship during the period of the hedge; and ● The effects of the forthcoming IBOR reform, because changes might take effect at a different time and have a different impact on the hedged item (the floating-rate debt) and the hedging instrument (the interest rate swap used to hedge the debt). 40. 40.1 Financial risk management continued The interest rate swap in Mozambique relates to the group's interest in CTRG. This interest rate swap is not classified as a cash flow hedge and was classified as held for sale in the current year along with the other assets and liabilities associated with the entity. Refer to note 12. North America 2021 2020 Carrying value included in short and long-term financial liabilities Rm 2 103 4 058 Fair value (gain)/loss recognised in other comprehensive income Rm (1 072) 2 192 Fair value loss recognised in other operating expenses Rm 89 4 Balance of hedge reserve – continuing hedge relationships Rm (801) (1 771) Balance of hedge reserve – discontinued hedge relationships* Rm (106) — Nominal amount Rm 1 751 1 854 Expiry December 2026 December 2026 Average fixed rate % 2,82 2,82 Hedge ratio 1 :1 1:1 Change in continuing hedging instrument fair value used as the basis for recognising hedge ineffectiveness - (gain)/loss US$m (32) 148 Change in hedged item fair value used as the basis for recognising hedge ineffectiveness - (gain)/loss US$m (38) 151 * The group traded a total of seven interest rate swaps on 25 July 2019 with various counterparty banks. During the year a novation of one of the interest rate swaps was concluded. All the terms and conditions of the novated interest rate swap remained the same as the original interest rate swap. Following the novation, the original hedge relationship was discontinued and the novated interest rate swap was designated as a hedging instrument in a new hedging relationship. The balance of the hedge reserve relating to the discontinued interest rate swap will be released to profit or loss over the original remaining term of the contract. Notes

Significant accounting policies

Significant accounting policies (Policies)	12 Months Ended
Significant accounting policies (Policies)	Jun. 30, 2021
Significant accounting policies
Basis of preparation of financial results	Basis of preparation of financial results The consolidated financial statements are prepared using the historic cost convention except that, certain items, including derivative instruments, liabilities for cash-settled share-based payments, financial assets at fair value through profit or loss and financial assets designated at fair value through other comprehensive income, are stated at fair value. The consolidated financial results are presented in rand, which is Sasol Limited’s functional and presentation currency, rounded to the nearest million. The consolidated financial statements are prepared on the going concern basis. Refer to note 2. Accounting policies The accounting policies applied in the preparation of these consolidated financial statements are in terms of IFRS and are consistent with those applied in the consolidated annual financial statements for the year ended 30 June 2020, except for the adoption of certain amendments to existing standards as detailed below. These accounting policies are consistently applied throughout the group. 1 Statement of compliance continued Accounting standards, interpretations and amendments to published accounting standards In the prior financial year, the group early adopted the Interest Rate Benchmark Reform Phase 1 Amendments to IFRS 9 ‘Financial Instruments’, IAS 39 ‘Financial Instruments: Recognition and Measurement’ and IFRS 7 ‘Financial Instruments: Disclosures’ (Phase 1). These amendments modify specific hedge accounting requirements to allow hedge accounting to continue for affected hedges during the period of uncertainty before the hedged items or hedging instruments are amended as a result of the interest rate benchmark reform. In the current year, the group has elected to early adopt the Interest Rate Benchmark Reform – Phase 2 Amendments to IFRS 9 ‘Financial Instruments’, IAS 39 ‘Financial Instruments: Recognition and Measurement’, IFRS 7 ‘Financial Instruments: Disclosures’, IFRS 4 ‘Insurance Contracts’ and IFRS 16 ‘Leases’ (Phase 2) which was issued in August 2020. In accordance with the transition provisions, the amendments have been adopted retrospectively to hedging relationships and financial instruments. The adoption of the amendments had no impact on the comparative period, and therefore comparative amounts have not been revised, which resulted in no impact on the current period opening reserves amounts on adoption. Both the Phase 1 and Phase 2 amendments are relevant to the group as the group has exposure to the variable US dollar London Interbank Overnight Rate (LIBOR) through various instruments including term loans, revolving credit facilities, as well as an interest rate swap which has been designated as a hedging instrument in a cash flow hedge. As a result of the Phase 2 amendments: ● When the contractual terms of the group’s borrowings are amended as a direct consequence of the interest rate benchmark reform and the new basis for determining the contractual cash flows is economically equivalent to the basis immediately preceding the change, the group changes the basis for determining the contractual cash flows prospectively by revising the effective interest rate. If additional changes are made, which are not directly related to the reform, the applicable requirements of IFRS 9 are applied to the other amendments. ● When changes are made to the hedging instruments, hedged item and hedged risk as a result of the interest rate benchmark reform, the group will update the hedge documentation without discontinuing the hedging relationship and the cumulative gain or loss in the cash flow hedge accounting reserve will be deemed to be based on the alternative benchmark rate. The group is still assessing its approach to implementing the transition. As at 30 June 2021 no modifications to any of the group’s derivative or non-derivative financial instruments have been made in response to the reform. Negotiations with counterparties on appropriate changes and resetting of rates are expected to continue in the following months. Management expects that the transition will be concluded on an economically equivalent basis. The following table contains details of all of our financial instruments at 30 June 2021 which reference the US LIBOR and have not yet transitioned to an alternative interest rate benchmark: 2021 Rm Financial liabilities measured at amortised cost US$ term loan 20 699 US$ Revolving credit facility 9 878 Derivative liability Interest rate swap 2 103 32 680 1 Statement of compliance continued Furthermore, the Financial Stability Board has initiated a fundamental review and reform of the major interest rate benchmarks tasked globally by financial market participants. This review seeks to replace existing interbank offered rates (IBORs) with alternative risk-free rates (ARRs) to improve market efficiency and mitigate systemic risk across financial markets. The South African Revenue Bank ("SARB") has indicated their intention to move away from Johannesburg Interbank Average Rate (JIBAR) and to create an alternative reference rate for South Africa. This reform is at various stages globally, a suitable alternative for South Africa is only expected to be announced in a few years’ time. Accordingly, there is uncertainty surrounding the timing and manner in which the transition would occur and how this would affect various financial instruments held by the group. Management is monitoring developments in this reform. The following amendments to IFRS were mandatorily effective for the first time from 1 July 2020: ● Amendments to IFRS 3 ‘Business Combinations’ on the definition of a ‘business’; and ● Amendments to IAS 1 ‘Presentation of Financial Statements’ and IAS 8 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ on the definition of ‘material’. The following amendments to IFRS were early adopted by the group effective from 1 July 2020: ● Amendments to IFRS 16 ‘Leases’ to extend the optional relief with regards to COVID-19-related rent concessions; ● Amendments to IAS 1 ‘Presentation of Financial Statements’ and IFRS Practice Statement 2 with regards to the disclosure of accounting policies; ● Amendments to IAS 8 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ relating to the definition of ‘accounting estimates’; and ● Amendments to IAS 12 ‘Income Taxes’ relating to deferred tax on assets and liabilities arising from a single transaction. The adoption of these amendments had no material impact on the consolidated financial statements. Accounting standards, interpretations and amendments not yet effective IFRS 17 ‘Insurance Contracts’ IFRS 17 requires insurance liabilities to be measured at a current fulfilment value and provides a more uniform measurement and presentation approach for all insurance contracts. IFRS 17 supersedes IFRS 4 ‘Insurance Contracts’. IFRS 17 is effective for the group from 1 July 2023, will be applied prospectively and is not expected to significantly impact the group. Amendments to IAS 1 ‘Presentation of Financial Statements’ The amendments provide guidance on the classification of liabilities as current or non-current in the statement of financial position and does not impact the amount or timing of recognition of any asset, liability income or expenses, or the information that entities disclose about those items. They clarify that the classification of liabilities as current or non-current should be based on rights that are in place at the end of the reporting period which enable the reporting entity to defer settlement by at least twelve months. The amendments further make it explicit that classification is unaffected by expectations about whether an entity will exercise its right to defer settlement of a liability. The amendments are effective for the group from 1 July 2023, will be applied retrospectively and are not expected to significantly impact the group.
Changes in disaggregation and presentation	Change in reportable segment information The reportable segment information has been aligned to the group’s new operating model which came into effect on 1 June 2021. Our new operating model enables improved decision-making in our two businesses, Energy and Chemicals. The new operating model structure reflects how the results are reported to the Chief Operating Decision Maker (CODM). Refer to the Segment information on page 8 for more information. Change in revenue disaggregation Pursuant to the change in our operating model, the Chemicals Business has been re-organised into three regional operating segments i.e. Africa, America and Eurasia, supported by four divisions comprising Advanced Materials, Base Chemicals, Essential Care Chemicals and Performance Solutions. All internal and external reporting relating to the Chemicals Business have been rearranged accordingly. Revenue, which was previously disaggregated according to the grouping of product lines under the old operating model, has been updated to reflect the new divisional product lines. The disaggregation of revenue for the Energy segments did not change materially. The comparative figures have also been aligned to the new format. Refer to note 3. Change in presentation of assets under construction (reclassification) Assets under construction were previously presented as a separate class of assets on the statement of financial position. From the current year, assets under construction are classified as a separate class of property, plant and equipment. Over the last two years, the LCCP units reaching beneficial operation has resulted in a significant decrease in the balance of assets under construction. Accordingly, the separate classification of assets under construction is no longer relevant to understanding the group’s financial position. The accounting policies in respect of assets under construction have not been amended. The comparative figures have been reclassified. For this financial reporting period the group has presented a third statement of financial position by including a set of numbers as at the beginning of the preceding period to assist with the impact of the reclassification. 1 Statement of compliance continued Errors in calculation of the South African integrated value chain impairments (revision) During the year, the Company identified the following prior period errors relating to its impairment calculations: As part of an independent management review of the South African integrated value chain it was determined that a portion of the gas feedstock purchase cost has erroneously been omitted from the South African integrated value chain impairment assessment since 2015, leading to an overstated valuation of the Company’s gas dependent value chains and therefore the incorrect calculation of impairments to be recognised. This error mainly impacts the Polyethylene, Chlor Vinyls, Chemical Work Up & Heavy Alcohols, Methanol, Ammonia and Wax value chains. Impairments recognised since the 2017 financial year are impacted by this error and are accounted for by correcting the 1 July 2019 opening retained earnings. During the current year it was determined that the Ammonia CGU carrying value used in the 2020 impairment assessment was understated as a result of an error in the carrying value calculation. The resulting impairment charge was therefore also understated by R In order to assess the impact of the prior period errors identified, the Company applied SEC Staff Accounting Bulletin (“SAB”) No 108, 'Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements'. SAB No 108 states that registrants must quantify the impact of correcting all misstatements on all periods presented, including both the carryover (iron curtain method) and reversing (rollover method) effects of prior year misstatements on the current year financial statements, and by evaluating the misstatement measured under each method in light of quantitative and qualitative factors. Under SAB No 108, prior year misstatements which, if corrected in the current year would be material to the current year, must be corrected by adjusting prior year financial statements, even though such correction previously was and continues to be immaterial to the prior year financial statements. Correcting prior year financial statements for such immaterial errors does not require previously issued or filed financial statements to be amended. In accordance with SAB No 99 'Materiality', the Company evaluated the effect of the prior period errors, both quantitatively and qualitatively, and concluded that the correction did not have a material impact on, nor require amendment of, any of the Company’s previously issued or filed financial statements taken as a whole. However, if the adjustments to correct the cumulative errors had been recorded in 2021, the Company believes the impact would have been material to the 2021 annual results and would have impacted comparisons to prior periods. The conclusions above in terms of SAB No 99 and SAB No 108 are consistent with the requirements of IAS 8 'Accounting Policies, Changes in Accounting Estimates and Errors', as well as principles of IFRS. 1 Statement of compliance continued Accordingly, the Company has revised its previously reported results and related disclosures as follows: As reported on As adjusted on 30 June 2019 Reclassification Revision 1 July 2019 for the year ended 30 June Rm Rm Rm Rm Statement of financial position Property, plant and equipment 233 549 127 764 (3 731) 357 582 Assets under construction 127 764 (127 764) — — Non-current assets 391 953 — (3 731) 388 222 Deferred tax liability 27 586 — (1 045) 26 541 Non-current liabilities 195 075 — (1 045) 194 030 Statement of changes in equity Retained earnings* 181 416 — (2 686) 178 730 Total equity 225 795 — (2 686) 223 109 Income statement Depreciation and amortisation (17 968) — 154 (17 814) Operating profit before remeasurement items 28 342 — 154 28 496 Remeasurement items (18 645) — (1 417) (20 062) Earnings before interest and tax (EBIT) 9 697 — (1 263) 8 434 Taxation (3 157) — 354 (2 803) Earnings for the year 6 074 — (909) 5 165 Statement of comprehensive income Total comprehensive income for the year 7 162 — (909) 6 253 Rand Rand Rand Rand Basic earnings per share 6,97 — (1,47) 5,50 Headline earnings per share 30,72 — 0,18 30,90 Dilute earnings per share 6,93 — (1,47) 5,46 Diluted headline earnings per share 30,54 — 0,17 30,71 * Cumulative error of R 1 777 million for financial years preceding 2019 have been corrected by revising the 1 July 2019 opening retained earnings. 1 Statement of compliance continued As reported on As adjusted on 30 June 2020 Reclassification Revision* 30 June 2020 for the year ended 30 June Rm Rm Rm Rm Statement of financial position Property, plant and equipment 204 470 27 802 (4 627) 227 645 Assets under construction 27 802 (27 802) — — Non-current assets 301 193 — (4 627) 296 566 Deferred tax liability 20 450 — (1 296) 19 154 Non-current liabilities 226 796 — (1 296) 225 500 Statement of changes in equity Retained earnings** 90 890 — (3 331) 87 559 Total equity 159 248 — (3 331) 155 917 Income statement Depreciation and amortisation (22 575) — 248 (22 327) Operating (loss)/profit before remeasurement items (196) — 248 52 Remeasurement items (110 834) — (1 144) (111 978) Loss before interest and tax (LBIT) (111 030) — (896) (111 926) Taxation 26 139 — 251 26 390 Loss for the year (91 272) — (645) (91 917) Statement of comprehensive income Total comprehensive loss for the year (67 354) — (645) (67 999) Rand Rand Rand Rand Basic loss per share (147,45) — (1,04) (148,49) Headline loss per share (11,79) — 0,29 (11,50) Dilute loss per share (147,45) — (1,04) (148,49) Diluted headline loss per share (11,79) — 0,29 (11,50) * Including impact of 2019 error. The impact of the Ammonia error was R 1,3 billion (R 937 million net of tax). ** Cumulative error of R 1 777 million for financial years preceding 2019 have been corrected by revising the 1 July 2019 opening retained earnings. The revision had no impact on earnings attributable to non-controlling shareholders. The reclassification and revision are non-cash adjustments and therefore do not impact any other line items on the statement of cash flows. The revision impacted the results of the Chemicals Africa segment, refer to page 8.
Turnover	Revenue from contracts with customers is recognised when the control of goods or services has transferred to the customer through the satisfaction of a performance obligation. Group performance obligations are satisfied at a point in time and over time, however the group mainly satisfies its performance obligations at a point in time. For further information on revenue recognition, refer to Segment information on pages 10 to 12. 3 Turnover continued Revenue recognised reflects the consideration that the group expects to be entitled to for each distinct performance obligation after deducting indirect taxes, rebates and trade discounts and consists primarily of the sale of fuels,oil, natural gas and chemical products, services rendered, license fees and royalties. The group allocates revenue based on stand-alone selling prices. The group enters into exchange agreements with the same counterparties for the purchase and sale of inventory that are entered into in contemplation of one another. When the items exchanged are similar in nature, these transactions are combined and accounted for as a single exchange transaction. The exchange is recognised at the carrying amount of the inventory transferred. Revenue from arrangements that are not considered contracts with customers, mainly pertaining to franchise rentals, use of fuel tanks and fuel storage, is presented as revenue from other contracts. The period between the transfer of the goods and services to the customer and the payment by the customer does not exceed 12 months and the group does not adjust for time value of money.
Remeasurement items affecting operating profit	Remeasurement items are amounts recognised in profit or loss relating to any change (whether realised or unrealised) in the carrying amount of non-current assets or liabilities that are less closely aligned to the normal operating or trading activities of the group such as the impairment of non-current assets, profit or loss on disposal of non-current assets including businesses and equity accounted investments, and scrapping of assets. The group’s non-financial assets, other than inventories and deferred tax assets, are reviewed at each reporting date or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, to determine whether there is any indication of impairment or indication for reversal of impairment. An impairment test is performed on all goodwill, intangible assets not yet in use and intangible assets with indefinite useful lives at each reporting date. The recoverable amount of an asset is defined as the amount that reflects the greater of the fair value less costs of disposal and value-in-use that can be attributed to an asset as a result of its ongoing use by the entity. Value-in-use is estimated using a discounted cash flow model. The future cash flows are adjusted for risks specific to the asset and is adjusted where applicable to take into account any specific risks relating to the country where the asset or cash-generating unit is located. The rate applied in each country is reassessed each year. The recoverable amount may be adjusted to take into account recent market transactions for a similar asset. 10 Remeasurement items affecting operating profit continued Some assets are an integral part of the value chain but are not capable of generating independent cash flows because there is no active market for the product streams produced from these assets, or the market does not have the ability to absorb the product streams produced from these assets or it is not practically possible to access the market due to infrastructure constraints that would be costly to construct. Product streams produced by these assets form an input into another process and accordingly do not have an active market. These assets are classified as corporate assets in terms of IAS 36 when their output supports the production of multiple product streams that are ultimately sold into an active market. The group’s corporate assets are allocated to the relevant cash-generating unit based on a cost or volume contribution metric. Costs incurred by the corporate asset are allocated to the appropriate cash generating unit at cost. If there is an indication that a corporate asset may be impaired, then the recoverable amount is determined for the cash-generating unit to which the corporate asset belongs. In Southern Africa, the coal value chain starts with feedstock mined in Secunda and Sasolburg and continues along the integrated processes of the operating business units, ultimately resulting in fuels and chemicals-based product lines. Similarly, the gas value chain starts with the feedstock obtained in Mozambique and continues along the conversion processes in Secunda and Sasolburg, ultimately resulting in fuels and chemicals-based product lines. The groups of assets which support the different product lines, including corporate asset allocations, are considered to be separate cash-generating units. In the US, the ethylene value chain results in various chemicals-based product lines, sold into active markets. The assets which support the different chemicals-based product lines, including corporate asset allocations, are considered to be separate cash-generating units. In Europe, the identification of separate cash-generating units is based on the various product streams that have the ability to be sold into active markets by the European business units. Certain products are sometimes produced incidentally from the main conversion processes and can be sold into active markets. When this is the case, the assets that are directly attributable to the production of these products, are classified as separate cash-generating units. The cost of conversion of these products is compared against the revenue when assessing the asset for impairment. Exploration assets are tested for impairment when development of the property commences or whenever facts and circumstances indicate impairment. An impairment loss is recognised for the amount by which the exploration assets carrying amount exceeds their recoverable amount.
Disposal group held for sale	A non-current asset or disposal group (a business grouping of assets and their related liabilities) is designated as held for sale when its carrying amount will be recovered principally through a sale transaction rather than through continuing use. The classification as held for sale of a non-current asset or disposal group occurs when it is available for immediate sale in its present condition and the sale is highly probable. A sale is considered highly probable if management is committed to a plan to sell the non-current asset or disposal group, an active divestiture programme has been initiated, the non-current asset or disposal group is marketed at a price reasonable to its fair value and the disposal will be completed within one year from classification. Where a disposal group held for sale will result in the loss of control or joint control of a subsidiary or joint operation, respectively, all the assets and liabilities of that subsidiary or joint operation are classified as held for sale, regardless of whether a non- controlling interest in the former subsidiary or an ongoing interest in the joint operation is to be retained after the sale. Where a disposal group held for sale will result in the loss of joint control of a joint venture or significant influence of an associate, the full investment is classified as held for sale. Equity accounting ceases from the date the joint venture or associate is classified as held for sale. Before classification of a non-current asset or disposal group as held for sale, it is reviewed for impairment. The impairment loss charged to the income statement is the excess of the carrying amount of the non-current asset over its expected fair value less costs to sell. No depreciation or amortisation is provided on non-current assets from the date they are classified as held for sale.
Income tax charge	The income tax charge is determined based on net income before tax for the year and includes current tax, deferred tax and dividend withholding tax. The current tax charge is the tax payable on the taxable income for the financial year applying enacted or substantively enacted tax rates and includes any adjustments to tax payable in respect of prior years. 15 Deferred tax continued Deferred tax is provided for using the liability method, on all temporary differences between the carrying amount of assets and liabilities for accounting purposes and the amounts used for tax purposes and on any tax losses using enacted or substantively enacted tax rates at the reporting date that are expected to apply when the asset is realised or liability settled. Deferred tax assets and liabilities are offset when the related income taxes are levied by the same taxation authority, there is a legally enforceable right to offset and there is an intention to settle the balances on a net basis.
Treasury shares	When Sasol Limited’s shares are repurchased by a subsidiary, the amount of consideration paid, including directly attributable costs, is recognised as a deduction from shareholders’ equity. Repurchased shares are classified as treasury shares and are disclosed as a deduction from total equity. Where such shares are subsequently reissued, any consideration received is included in the statement of changes in equity.
Long-term debt	Debt, which constitutes a financial liability, includes short-term and long-term debt. Debt is initially recognised at fair value, net of transaction costs incurred and is subsequently stated at amortised cost. Debt is classified as short-term unless the borrowing entity has an unconditional right to defer settlement of the liability for at least 12 months after the reporting date. Debt is derecognised when the obligation in the contract is discharged, cancelled or has expired. Premiums or discounts arising from the difference between the fair value of debt raised and the amount repayable at maturity date are charged to the income statement as finance expenses based on the effective interest rate method. A debt modification gain or loss is recognised immediately when a debt measured at amortised cost has been modified.
Leases	At contract inception all arrangements are assessed to determine whether it is, or contains, a lease. At the commencement date of the lease, the group recognises lease liabilities measured at the present value of lease payments to be made over the lease term. The lease payments include: ● fixed payments (including in-substance fixed payments) less any lease incentives receivable; ● variable lease payments that depend on an index or a rate; ● amounts expected to be paid under residual value guarantees; ● the exercise price of a purchase option reasonably certain to be exercised; ● payments of penalties for terminating the lease, if the lease term reflects the group exercising the option to terminate; and ● lease payments to be made under reasonably certain extension options. Variable lease payments that do not depend on an index or a rate are recognised as expenses (unless they are capitalised as part of the cost of inventories or assets under construction) in the period in which the event or condition that triggers the payment occurs. In calculating the present value of lease payments, the group uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is generally not readily determinable. The incremental borrowing rate is the rate that the group would have to pay to borrow the funds necessary to obtain an asset of similar value to the right of use asset in a similar economic environment with similar terms, security and conditions. After the commencement date, finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments (e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the assessment of an option to purchase the underlying asset. The group applies the recognition exemptions to short-term leases (i.e., those leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option) and leases of assets that are considered to be low value. Lease payments on short-term leases and leases of low-value assets are recognised as expenses over the lease term. Right of use assets are measured at cost, less any accumulated depreciation and impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right of use assets includes: ● the amount of the initial measurement of lease liability; ● any lease payments made at or before the commencement date less any lease incentives received; ● any initial direct costs; and ● restoration costs. Right of use assets are generally depreciated over the shorter of the asset's useful life and the lease term on a straight-line basis. If the group is reasonably certain to exercise a purchase option, the right of use asset is depreciated over the underlying asset’s useful life. The depreciation charge is recognised in the income statement unless it is capitalised as part of the cost of inventories or assets under construction. The right of use assets are also subject to impairment. Refer to the accounting policies in the note on Remeasurement items affecting profit or loss.
Property, Plant and Equipment	Property, plant and equipment is stated at cost less accumulated depreciation and accumulated impairment losses. Land is not depreciated. When plant and equipment comprises major components with different useful lives, these components are accounted for as separate items. Depreciation of mineral assets on producing oil and gas properties is based on the units-of-production method calculated using estimated proved developed reserves. Life-of-mine coal assets are depreciated using the units-of-production method and is based on proved and probable reserves assigned to that specific mine (accessible reserves) or complex which benefits from the utilisation of those assets. Other coal mining assets are depreciated on the straight-line method over their estimated useful lives. Depreciation of property acquisition costs, capitalised as part of mineral assets in property, plant and equipment, is based on the units-of-production method calculated using estimated proved reserves. Property, plant and equipment, other than mineral assets, is depreciated to its estimated residual value on a straight-line basis over its expected useful life.
Assets under construction	Assets under construction Assets under construction include land and expenditure capitalised for work in progress in respect of activities to develop, expand or enhance items of property, plant and equipment. The cost of self-constructed assets includes expenditure on materials, direct labour and an allocated proportion of project overheads. Cost also includes the estimated costs of dismantling and removing the assets and site rehabilitation costs to the extent that they relate to the construction of the asset as well as gains or losses on qualifying cash flow hedges attributable to that asset. When regular major inspections are a condition of continuing to operate an item of property, plant and equipment, and plant shutdown costs will be incurred, an estimate of these shutdown costs are included in the carrying value of the asset at initial recognition. Land acquired, as well as costs capitalised for work in progress in respect of activities to develop, expand or enhance items of property, plant and equipment are classified as part of assets under construction. Finance expenses in respect of specific and general borrowings are capitalised against qualifying assets as part of assets under construction. Where funds are borrowed specifically for the purpose of acquiring or constructing a qualifying asset, the amount of finance expenses eligible for capitalisation on that asset is the actual finance expenses incurred on the borrowing during the period less any investment income on the temporary investment of those borrowings. Where funds are made available from general borrowings and used for the purpose of acquiring or constructing qualifying assets, the amount of finance expenses eligible for capitalisation is determined by applying a capitalisation rate to the expenditures on these assets. The capitalisation rate of 4,6% (2020 – 4,9)% is calculated as the weighted average of the interest rates applicable to the borrowings of the group that are outstanding during the period, including borrowings made specifically for the purpose of obtaining qualifying assets once the specific qualifying asset is ready for its intended use. The amount of finance expenses capitalised will not exceed the amount of borrowing costs incurred.
Equity accounted investments	The financial results of associates and joint ventures are included in the group’s results according to the equity method from acquisition date until the disposal date. Associates and joint ventures whose financial year-ends are within three months of 30 June are included in the consolidated financial statements using their most recently audited financial results. Adjustments are made to the associates’ and joint ventures financial results for material transactions and events in the intervening period.
Subsidiaries	Control is obtained when Sasol is exposed, or has rights, to variable returns from its involvement with the subsidiary and has the ability to affect those returns through our power over the subsidiary. The financial results of all entities that have a functional currency different from the presentation currency of their parent entity are translated into the presentation currency. Income and expenditure transactions of foreign operations are translated at the average rate of exchange for the year except for significant individual transactions which are translated at the exchange rate ruling at that date. All assets and liabilities, including fair value adjustments and goodwill arising on acquisition, are translated at the rate of exchange ruling at the reporting date. Differences arising on translation are recognised as other comprehensive income and are included in the foreign currency translation reserve.
Inventories	Inventories are stated at the lower of cost and net realisable value. Cost includes expenditure incurred in acquiring, manufacturing and transporting the inventory to its present location. Manufacturing costs include an allocated portion of production overheads which are directly attributable to the cost of manufacturing such inventory. The allocation is determined based on the greater of normal production capacity and actual production. The costs attributable to any inefficiencies in the production process are charged to the income statement as incurred. By-products are incidental to the manufacturing processes, are usually produced as a consequence of the main product stream, and are immaterial to the group. Revenue from sale of by-products is offset against the cost of the main products. Cost is determined as follows: Crude oil and other raw materials First-in-first-out valuation method (FIFO) Process, maintenance and other materials Weighted average purchase price Work-in-progress Manufacturing costs incurred Manufactured products including consignment inventory Manufacturing costs according to FIFO
Trade and other receivables	Trade and other receivables are recognised initially at transaction price and subsequently stated at amortised cost using the effective interest rate method, less impairment losses. A simplified expected credit loss model is applied for recognition and measurement of impairments in trade receivables, where expected lifetime credit losses are recognised from initial recognition, with changes in loss allowances recognised in profit and loss. The group did not use a provisional matrix. Trade and other receivables are written off where there is no reasonable expectation of recovering amounts due. The trade receivables do not contain a significant financing component.
Trade and other payables	Trade and other payables are initially recognised at fair value and subsequently stated at amortised cost. Capital project related payables are excluded from working capital, as the nature and risks of these payables are not considered to be aligned to operational trade payables.
Cash and cash equivalents	Cash and cash equivalents comprises cash on hand, cash restricted for use, bank overdraft, demand deposits and other short-term 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.
Provisions	Estimated long-term environmental provisions, comprising pollution control, rehabilitation and mine closure, are based on the group’s environmental policy taking into account current technological, environmental and regulatory requirements. The provision for rehabilitation is recognised as and when the environmental liability arises. To the extent that the obligations relate to the construction of an asset, they are capitalised as part of the cost of those assets. The effect of subsequent changes to assumptions in estimating an obligation for which the provision was recognised as part of the cost of the asset is adjusted against the asset. Any subsequent changes to an obligation which did not relate to the initial construction of a related asset are charged to the income statement. The increase in discounted long-term provisions as a result of the passage of time is recognised as a finance expense in the income statement. The estimated present value of future decommissioning costs, taking into account current environmental and regulatory requirements, is capitalised as part of property, plant and equipment, to the extent that they relate to the construction of the asset, and the related provisions are raised. These estimates are reviewed at least annually. Deferred tax is recognised on the temporary differences in relation to both the asset to which the obligation relates to and rehabilitation provision. Termination benefits are recognised as a liability at the earlier of the date of recognition of restructuring costs or when the group is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to either terminate employment before normal retirement date, or to provide termination benefits as a result of an offer made to encourage voluntary redundancy. In the case of an offer to encourage voluntary redundancy, the termination benefits are measured based on the number of employees expected to accept the offer. Benefits that are expected to be wholly settled more than 12 months after the end of the reporting period are discounted to their present value.
Post-retirement benefit obligations	The group operates or contributes to defined contribution pension plans and defined benefit pension plans for its employees in certain of the countries in which it operates. These plans are generally funded through payments to trustee-administered funds as determined by annual actuarial calculations. Defined contribution pension plans are plans under which the group pays fixed contributions into a separate legal entity and has no legal or constructive obligation to pay further amounts. Contributions to defined contribution pension plans are charged to the income statement as an employee expense in the period in which the related services are rendered by the employee. 35 Post-retirement benefit obligations continued The group’s net obligation in respect of defined benefit pension plans is actuarially calculated separately for each plan by deducting the fair value of plan assets from the gross obligation for post-retirement benefits. The gross obligation is determined by estimating the future benefit attributable to members in return for services rendered to date. This future benefit is discounted to determine its present value, using discount rates based on government bonds for South African obligations, and corporate bonds in Europe and the US, that have maturity dates approximating the terms of the group’s obligations and which are denominated in the currency in which the benefits are expected to be paid. Independent actuaries perform this calculation annually using the projected unit credit method. Defined contribution members employed before 2009 have an option to purchase a defined benefit pension with their member share. This option gives rise to actuarial risk, and as such, these members are accounted for as part of the defined benefit fund and are disclosed as such. Past service costs are charged to the income statement at the earlier of the following dates: ● when the plan amendment or curtailment occurs; and ● when the group recognises related restructuring costs or termination benefits. Actuarial gains and losses arising from experience adjustments and changes to actuarial assumptions, the return on plan assets (excluding amounts included in net interest on the defined benefit liability/(asset)) and any changes in the effect of the asset ceiling (excluding amounts included in net interest on the defined benefit liability/(asset)) are remeasurements that are recognised in other comprehensive income in the period in which they arise. Where the plan assets exceed the gross obligation, the asset recognised is limited to the lower of the surplus in the defined benefit plan and the asset ceiling, determined using a discount rate based on government bonds. Surpluses and deficits in the various plans are not offset. The entitlement to healthcare benefits is usually based on the employee remaining in service up to retirement age and the completion of a minimum service period. The expected costs of these benefits are accrued on a systematic basis over the expected remaining period of employment, using the accounting methodology described in respect of defined benefit pension plans above. Independent actuaries perform the calculation of this obligation annually.
Share-based payment transactions	To the extent that an entity grants shares or share options in a BEE transaction and the fair value of the cash and other assets received is less than the fair value of the shares or share options granted, such difference is charged to the income statement in the period in which the transaction becomes effective. Where the BEE transaction includes service conditions the difference will be charged to the income statement over the period of these service conditions. Trickle dividends paid to participants during the transaction term are taken into account in measuring the fair value of the award. As the funds to pay the trickle dividend are leaving the Company, a corresponding share of earnings will be allocated to the non-controlling shareholders.
Derivative financial instruments and hedging activities	Derivative financial instruments and hedging activities The group is exposed to market risks from changes in interest rates, foreign exchange rates and commodity prices. The group uses derivative instruments to hedge its exposure to these risks. All derivative financial instruments are initially recognised at fair value and are subsequently stated at fair value at the reporting date. Attributable transaction costs are recognised in the income statement when incurred. Resulting gains or losses on derivative instruments, excluding designated and effective hedging instruments, are recognised in the income statement. To the extent that a derivative instrument has a maturity period of longer than one year, the fair value of these instruments will be reflected as a non-current asset or liability. Hedge accounting The group continues to apply the hedge accounting requirements of IAS 39 ‘Financial Instruments: Recognition and Measurement’. Where a derivative instrument is designated as a cash flow hedge of an asset, liability or highly probable forecast transaction that could affect the income statement, the effective part of any gain or loss arising on the derivative instrument is recognised as other comprehensive income and is classified as a cash flow hedge accounting reserve until the underlying transaction occurs. The ineffective part of any gain or loss is recognised in the income statement. If the hedging instrument no longer meets the criteria for cash flow hedge accounting, expires or is sold, terminated, exercised, or the designation is revoked, then hedge accounting is discontinued prospectively. If the forecast transaction results in the recognition of a non-financial asset or non-financial liability, the associated gain or loss is transferred from the cash flow hedge accounting reserve, as other comprehensive income, to the underlying asset or liability on the transaction date. If the forecast transaction is no longer expected to occur, then the cumulative balance in other comprehensive income is recognised immediately in the income statement as reclassification adjustments. Other cash flow hedge gains or losses are recognised in the income statement at the same time as the hedged transaction occurs. Economic hedges When derivative instruments, including forward exchange contracts, are entered into as fair value hedges, no hedge accounting is applied. All gains and losses on fair value hedges are recognised in the income statement.

Segment information (Tables)

Segment information (Tables)	12 Months Ended
Segment information (Tables)	Jun. 30, 2021
Segment information
Schedule of segment information	Chemicals Chemicals Chemicals Mining Gas Fuels Africa** America Eurasia Corporate Centre Total** 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Income statement* External turnover 2 025 1 343 3 222 7 321 8 350 8 316 59 393 60 816 76 985 58 260 51 600 52 607 29 358 28 721 21 419 45 539 39 537 40 967 14 — 60 201 910 190 367 203 576 Total turnover 21 704 19 891 20 876 10 990 12 419 12 665 60 649 62 553 78 624 60 597 54 310 54 817 29 360 28 809 21 424 46 038 39 989 41 423 26 30 78 229 364 218 001 229 907 Intersegmental turnover (19 679) (18 548) (17 654) (3 669) (4 069) (4 349) (1 256) (1 737) (1 639) (2 337) (2 710) (2 210) (2) (88) (5) (499) (452) (456) (12) (30) (18) (27 454) (27 634) (26 331) Equity accounted profits, net of tax (3) (2) — — — — 742 (347) 908 83 21 37 — — — 1 — 147 (9) (19) (18) 814 (347) 1 074 Earnings/(loss) before interest and tax 3 227 2 756 4 701 6 656 5 527 3 948 (18 170) (11 609) 10 769 6 957 (17 035) 3 474 8 116 (77 556) (15 382) 4 680 (894) 3 100 5 153 (13 115) (2 176) 16 619 (111 926) 8 434 Remeasurement items** 46 113 45 (655) (30) 1 977 23 196 11 990 447 7 889 24 122 3 928 (7 336) 73 166 13 765 (86) 2 387 (104) 164 230 4 23 218 111 978 20 062 Depreciation and amortisation 2 223 2 080 1 805 1 463 2 002 2 100 3 401 4 809 4 832 4 461 5 649 5 577 3 637 5 085 1 532 1 687 1 821 1 244 772 881 724 17 644 22 327 17 814 Statement of cash flows* Additions to non-current assets*** 2 704 2 859 2 912 711 1 539 1 165 3 549 5 232 7 415 5 508 6 845 8 748 1 152 15 654 31 866 1 796 2 158 2 841 528 877 853 15 948 35 164 55 800 * Comparative financial results have been revised to reflect the revised composition of the group’s reportable segments under the Sasol 2.0 operating model. Excludes equity accounted investments. * Excludes capital project related payables. **** Chemicals Africa results for 2019 and 2020 have been revised for the correction of the prior period errors. Refer note 1.
Schedule of geographic segmentation	South Africa Rest of Africa United States Rest of North America Europe Rest of World Total operations 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm External turnover* 84 844 84 528 100 955 8 853 7 776 8 814 31 247 28 295 24 452 4 183 3 758 3 285 48 529 44 280 45 202 24 254 21 730 20 868 201 910 190 367 203 576 Earnings/(loss) before interest and tax (7 523) (37 029) 17 313 4 541 1 821 707 9 616 (75 827) (15 022) 646 (481) (2 721) 5 354 105 5 017 3 985 (515) 3 140 16 619 (111 926) 8 434 Tax paid 6 622 3 138 933 955 1 607 1 548 (3 340) 20 5 — — 1 997 854 1 398 46 40 61 5 280 5 659 3 946 Non-current assets* 76 070 106 922 143 957 14 116 18 896 19 323 113 088 106 371 188 380 — 1 329 1 180 16 748 18 948 15 944 10 455 11 968 9 601 230 477 264 434 378 385 * The analysis of turnover is based on the location of the customer. Includes equity accounted profits/(losses) remeasurement items. * Excludes deferred tax assets and post-retirement benefit assets.

Statement of compliance (Tables

Statement of compliance (Tables)	12 Months Ended
Statement of compliance (Tables)	Jun. 30, 2021
Statement of compliance
Schedule of revised previously reported results	Accordingly, the Company has revised its previously reported results and related disclosures as follows: As reported on As adjusted on 30 June 2019 Reclassification Revision 1 July 2019 for the year ended 30 June Rm Rm Rm Rm Statement of financial position Property, plant and equipment 233 549 127 764 (3 731) 357 582 Assets under construction 127 764 (127 764) — — Non-current assets 391 953 — (3 731) 388 222 Deferred tax liability 27 586 — (1 045) 26 541 Non-current liabilities 195 075 — (1 045) 194 030 Statement of changes in equity Retained earnings* 181 416 — (2 686) 178 730 Total equity 225 795 — (2 686) 223 109 Income statement Depreciation and amortisation (17 968) — 154 (17 814) Operating profit before remeasurement items 28 342 — 154 28 496 Remeasurement items (18 645) — (1 417) (20 062) Earnings before interest and tax (EBIT) 9 697 — (1 263) 8 434 Taxation (3 157) — 354 (2 803) Earnings for the year 6 074 — (909) 5 165 Statement of comprehensive income Total comprehensive income for the year 7 162 — (909) 6 253 Rand Rand Rand Rand Basic earnings per share 6,97 — (1,47) 5,50 Headline earnings per share 30,72 — 0,18 30,90 Dilute earnings per share 6,93 — (1,47) 5,46 Diluted headline earnings per share 30,54 — 0,17 30,71 * Cumulative error of R 1 777 million for financial years preceding 2019 have been corrected by revising the 1 July 2019 opening retained earnings. 1 Statement of compliance continued As reported on As adjusted on 30 June 2020 Reclassification Revision* 30 June 2020 for the year ended 30 June Rm Rm Rm Rm Statement of financial position Property, plant and equipment 204 470 27 802 (4 627) 227 645 Assets under construction 27 802 (27 802) — — Non-current assets 301 193 — (4 627) 296 566 Deferred tax liability 20 450 — (1 296) 19 154 Non-current liabilities 226 796 — (1 296) 225 500 Statement of changes in equity Retained earnings** 90 890 — (3 331) 87 559 Total equity 159 248 — (3 331) 155 917 Income statement Depreciation and amortisation (22 575) — 248 (22 327) Operating (loss)/profit before remeasurement items (196) — 248 52 Remeasurement items (110 834) — (1 144) (111 978) Loss before interest and tax (LBIT) (111 030) — (896) (111 926) Taxation 26 139 — 251 26 390 Loss for the year (91 272) — (645) (91 917) Statement of comprehensive income Total comprehensive loss for the year (67 354) — (645) (67 999) Rand Rand Rand Rand Basic loss per share (147,45) — (1,04) (148,49) Headline loss per share (11,79) — 0,29 (11,50) Dilute loss per share (147,45) — (1,04) (148,49) Diluted headline loss per share (11,79) — 0,29 (11,50) * Including impact of 2019 error. The impact of the Ammonia error was R 1,3 billion (R 937 million net of tax). ** Cumulative error of R 1 777 million for financial years preceding 2019 have been corrected by revising the 1 July 2019 opening retained earnings.
Schedule of financial instruments which reference the US LIBOR and have not yet transitioned to an alternative interest rate benchmark	2021 Rm Financial liabilities measured at amortised cost US$ term loan 20 699 US$ Revolving credit facility 9 878 Derivative liability Interest rate swap 2 103 32 680

Turnover (Tables)

Turnover (Tables)	12 Months Ended
Turnover (Tables)	Jun. 30, 2021
Turnover
Schedule of revenue by major product line	2021 2020 2019 for the year ended 30 June Rm Rm Rm Turnover Revenue by major product line Energy business 65 676 67 415 85 536 Coal 1 2 025 1 343 3 222 Liquid fuels and crude oil 2 58 265 60 119 76 328 Gas (methane rich and natural gas) and condensate 3 5 386 5 953 5 986 Chemicals business 133 136 119 840 114 832 Advanced materials 4 7 380 7 200 7 349 Base chemicals 5 45 684 40 262 34 967 Essential care 6 44 314 40 112 41 084 Performance solutions 7 35 758 32 266 31 432 Other (Technology, refinery services) 9 2 288 2 313 2 308 Revenue from contracts with customers 201 100 189 568 202 676 Revenue from other contracts 8 810 799 900 201 910 190 367 203 576 1 Derived from Mining segment. 2 Derived from Fuels segment. 3 Derived from Gas segment. 4 Approximately 37% (2020 – 29%; 2019 – 28%) of revenue from advanced materials is derived from Chemicals Africa while 52% (2020 - 56%; 2019 - 57%) is derived from Chemicals Eurasia and the remaining revenue is derived from Chemicals America. 5 Approximately 59% (2020 – 59%; 2019 – 74%) of revenue from base chemicals is derived from Chemicals Africa while 33% (2020 – 29%; 2019 – 18%) is derived from Chemicals America and the remaining revenue is derived from Chemicals Eurasia. 6 Approximately 70% of revenue from essential care products is derived from Chemicals Eurasia and approximately 30% is derived from Chemicals America for all three years presented. 7 Approximately 70% of revenue from performance solutions is derived from Chemicals Eurasia and approximately 15% from Chemicals America and Chemicals Africa each for all three years presented. 8 Relates to the Fuels segment and includes franchise rentals, use of fuel tanks and fuel storage. 9 Relates to the Gas and Fuels segments.

Materials, energy and consuma_2

Materials, energy and consumables used (Tables)	12 Months Ended
Materials, energy and consumables used (Tables)	Jun. 30, 2021
Materials, energy and consumables used
Schedule of materials, energy and consumables used	2021 2020 2019 for the year ended 30 June Rm Rm Rm Cost of raw materials 71 016 78 030 79 774 Cost of energy and other consumables used in production process 14 354 12 079 10 815 85 370 90 109 90 589
Schedule of purchase commitments	2021 2020 2019 for the year ended 30 June Rm Rm Rm Contractual obligations Within one year 27 459 23 121 25 760 One to five years 35 182 32 430 24 030 More than five years 69 351 74 295 9 869 131 992 129 846 59 659

Employee-related expenditure (T

Employee-related expenditure (Tables)	12 Months Ended
Employee-related expenditure (Tables)	Jun. 30, 2021
Employee-related expenditure
Schedule of employee related expenditures	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Analysis of employee costs Labour 31 683 30 266 30 706 salaries, wages and other employee-related expenditure 29 786 27 964 28 665 post-retirement benefits* 1 897 2 302 2 041 Share-based payment expenses 1 905 1 741 1 219 equity-settled 36 1 927 1 946 1 659 cash-settled (22) (205) (440) Total employee-related expenditure 33 588 32 007 31 925 Costs capitalised to projects (740) (1 340) (1 997) Per income statement 32 848 30 667 29 928 * Employer contributions to the retirement funds were suspended for the period 1 May 2020 to 31 July 2020. These were then reinstated due to Sasol’s improved liquidity position.
Schedule of number of employees	2021 2020 2019 for the year ended 30 June Number Number Number Permanent employees 28 725 30 670 31 112 Non-permanent employees 224 331 317 28 949 31 001 31 429

Translation gains_(losses) (Tab

Translation gains/(losses) (Tables)	12 Months Ended
Translation gains/(losses) (Tables)	Jun. 30, 2021
Translation gains/(losses)
Schedule of translation gains/(losses)	2021 2020 2019 for the year ended 30 June Rm Rm Rm Arising from Trade and other receivables (1 233) 1 275 98 Trade and other payables 158 (891) (372) Foreign currency loans* 6 318 (6 946) 965 Other 267 20 (87) 5 510 (6 542) 604 * Relates to intergroup exposure on foreign currency loans. A portion of the LCCP has been financed with US dollar funds through intergroup loans.

Other operating expenses and _2

Other operating expenses and income (Tables)	12 Months Ended
Other operating expenses and income (Tables)	Jun. 30, 2021
Other operating expenses and income
Schedule of other operating expenses and income	2021 2020 2019 for the year ended 30 June Rm Rm Rm Rentals 1 — — 1 845 Insurance 739 681 514 Computer costs 2 563 2 469 2 155 Hired labour 565 844 786 Audit remuneration 136 144 97 Derivative (gains)/losses (including foreign exchange contracts) 2 (2 282) 6 997 2 465 Professional fees 2 828 2 067 2 226 Enablement of digital and continuous improvement initiatives 434 333 454 Other 3 2 394 1 734 1 772 Changes in rehabilitation provisions 4 (361) (2 078) 1 096 Expected credit losses (released)/raised (87) 418 470 Other expenses 5 10 022 10 738 9 410 Other operating income 6 (2 024) (1 446) (1 363) 12 099 20 834 19 701 1 Relates to the application of IFRS 16, as leases previously classified as operating leases under IAS 17 are now capitalised . 2 Relates mainly to the group’s hedging activities.Refer to page 124. 3 The 2021 increase relates mainly to standby underwriters fees, legal fees and other cost incurred in relation to the potential rights issue which was announced on 17 March 2020. 4 R 674 million (2020 - R 1,3 billion; 2019 — R 688 million) relates to the change in discount rates applied in calculating the rehabilitation provision, while R 412 million relates to additional provisions and changes to existing provisions. 5 The 2020 increase relates to R 586 million for the Oxygen Train 17 oxygen supply agreement with Air Liquide, which was recognised as a finance lease under IAS 17. With the adoption of IFRS 16 the agreement was recognised as a service agreement. 6 The 2021 increase relates to income from emission right sales in Germany and Italy.

Net finance costs (Tables)

Net finance costs (Tables)	12 Months Ended
Net finance costs (Tables)	Jun. 30, 2021
Net finance costs
Schedule of net finance costs, finance income	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Finance income Dividends received from investments – 44 42 Notional interest received 4 102 — Interest received on 852 776 745 other long-term investments 40 28 27 loans and receivables 199 293 334 cash and cash equivalents 613 455 384 Per income statement 856 922 787 Less: notional interest (4) (102) — Less: interest received on tax (15) (28) (105) Per the statement of cash flows 837 792 682 Finance costs Debt 5 238 8 226 6 088 debt 4 855 8 090 6 044 interest rate swap – net settlements 383 136 44 Preference share dividends – — 116 Interest on lease liabilities 1 488 1 465 871 Other¹ 84 52 (462) 6 810 9 743 6 613 Amortisation of loan costs 17 160 135 725 Notional interest 33 668 945 857 Total finance costs 7 638 10 823 8 195 Amounts capitalised to assets under construction a class of Property, plant and equipment² 20 (880) (3 520) (6 942) Per income statement 6 758 7 303 1 253 Total finance costs before amortisation of loan costs and notional interest 6 810 9 743 6 613 Add: modification (loss)/gain 17 – (1 193) 109 Less: interest accrued on long-term debt, lease liabilities and short-term debt (637) (1 412) (1 025) Less: interest reversed on tax payable – 16 525 Per the statement of cash flows 6 173 7 154 6 222 1 Interest accrued on tax payable in 2019 relates mainly to our tax litigation claim. 2 Finance costs capitalised decreased due to the LCCP units reaching beneficial operation.
Schedule of net finance costs, finance costs	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Finance income Dividends received from investments – 44 42 Notional interest received 4 102 — Interest received on 852 776 745 other long-term investments 40 28 27 loans and receivables 199 293 334 cash and cash equivalents 613 455 384 Per income statement 856 922 787 Less: notional interest (4) (102) — Less: interest received on tax (15) (28) (105) Per the statement of cash flows 837 792 682 Finance costs Debt 5 238 8 226 6 088 debt 4 855 8 090 6 044 interest rate swap – net settlements 383 136 44 Preference share dividends – — 116 Interest on lease liabilities 1 488 1 465 871 Other¹ 84 52 (462) 6 810 9 743 6 613 Amortisation of loan costs 17 160 135 725 Notional interest 33 668 945 857 Total finance costs 7 638 10 823 8 195 Amounts capitalised to assets under construction a class of Property, plant and equipment² 20 (880) (3 520) (6 942) Per income statement 6 758 7 303 1 253 Total finance costs before amortisation of loan costs and notional interest 6 810 9 743 6 613 Add: modification (loss)/gain 17 – (1 193) 109 Less: interest accrued on long-term debt, lease liabilities and short-term debt (637) (1 412) (1 025) Less: interest reversed on tax payable – 16 525 Per the statement of cash flows 6 173 7 154 6 222 1 Interest accrued on tax payable in 2019 relates mainly to our tax litigation claim. 2 Finance costs capitalised decreased due to the LCCP units reaching beneficial operation.

Earnings_(loss) and dividends_2

Earnings/(loss) and dividends per share (Tables)	12 Months Ended
Earnings/(loss) and dividends per share (Tables)	Jun. 30, 2021
Earnings/(loss) and dividends per share
Schedule of earnings/(loss) and dividends per share	2021 2020 2019 for the year ended 30 June Rand Rand Rand Attributable to owners of Sasol Limited Basic earnings/(loss) per share 14,57 (148,49) 5,50 Headline earnings/(loss) per share 39,53 (11,50) 30,90 Diluted earnings/(loss) per share 14,39 (148,49) 5,46 Diluted headline earnings/(loss) per share 39,03 (11,50) 30,71 Dividends per share – – 5,90 interim – – 5,90 final – – – for the year ended 30 June 2021 2020 2019 Weighted average number of shares million 619,9 617,9 616,6 Earnings/(loss) attributable to owners of Sasol Limited Rm 9 032 (91 754) 3 389 Basic earnings/(loss) per share Rand 14,57 (148,49) 5,50 Headline earnings/(loss) per share (HEPS) 2021 2020 2019 for the year ended 30 June million million million Weighted average number of shares 619,9 617,9 616,6 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Headline earnings/(loss) is determined as follows: Earnings/(loss) attributable to owners of Sasol Limited 9 032 (91 754) 3 389 Adjusted for: Effect of remeasurement items for subsidiaries and joint operations, net of tax 10 15 448 84 648 15 648 remeasurement items before tax 23 218 111 978 20 062 tax effect and non-controlling interest effect (7 770) (27 330) (4 414) Effect of remeasurement items for equity accounted investments 10 23 — 15 Headline earnings/(loss) 24 503 (7 106) 19 052 2021 2020 2019 for the year ended 30 June Rand Rand Rand Headline earnings/(loss) attributable to owners of Sasol Limited Headline earnings/(loss) per share 39,53 (11,50) 30,90 Number of shares 2021 2020 2019 for the year ended 30 June million million million Weighted average number of shares 619,9 617,9 616,6 Potential dilutive effect of long-term incentive scheme 3,8 2,6 2,9 Potential dilutive effect of Sasol Khanyisa Tier 1 4,1 1,8 0,8 Diluted weighted average number of shares for DEPS and DHEPS* 627,8 622,3 620,3 * Due to the net loss attributable to shareholders in 2020, the inclusion of the long-term incentive scheme and Khanyisa Tier 1 share options as potential ordinary shares had an anti-dilutive effect on the loss per share and were therefore not taken into account in the 2020 calculation of DEPS and HEPS. 2021 2020 2019 for the year ended 30 June Rm Rm Rm Diluted earnings/(loss) is determined as follows: Earnings/(loss) attributable to owners of Sasol Limited 9 032 (91 754) 3 389 Diluted earnings/(loss) attributable to owners of Sasol Limited 9 032 (91 754) 3 389 Diluted headline earnings/(loss) is determined as follows: Headline earnings/(loss) attributable to owners of Sasol Limited 24 503 (7 106) 19 052 Diluted headline earnings/(loss) attributable to owners of Sasol Limited 24 503 (7 106) 19 052 2021 2020 2019 for the year ended 30 June Rand Rand Rand Diluted earnings/(loss) per share 14,39 (148,49) 5,46 Diluted headline earnings/(loss) per share 39,03 (11,50) 30,71

Remeasurement items affecting_2

Remeasurement items affecting operating profit (Tables)	12 Months Ended
Remeasurement items affecting operating profit (Tables)	Jun. 30, 2021
Remeasurement items affecting operating profit
Schedule of remeasurement items affecting operating profit	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Impairment of 34 200 112 736 19 868 property, plant and equipment 20 33 973 108 575 19 850 right of use assets 18 35 3 322 — other intangible assets 80 839 11 equity accounted investment 112 — — other assets — — 7 Reversal of impairment of (5 468) — (949) property, plant and equipment 20 (5 440) — (949) right of use assets 18 (2) — — other intangible assets (26) — — (Profit)/loss on 11 (5 520) (715) 1 109 disposal of property, plant and equipment (96) 25 (32) disposal of other intangible assets (130) — — disposal of other assets 52 148 — disposal of businesses (5 615) (1 684) (267) disposal and scrapping of property, plant and equipment 269 796 1 408 Write-off of unsuccessful exploration wells 20 6 (43) 34 Remeasurement items per income statement 23 218 111 978 20 062 Tax effect (7 771) (26 399) (4 409) Non-controlling interest effect 1 (931) (5) Total remeasurement items for subsidiaries and joint operations, net of tax 15 448 84 648 15 648 Effect of remeasurement items for equity accounted investments 23 — 15 Total remeasurement items for the group, net of tax 15 471 84 648 15 663
Schedule of main assumptions used for impairment calculations	Main assumptions used for impairment calculations 2021 2020 2019 Long-term average crude oil price (Brent) (nominal)* US$/bbl 70,09 59,69 71,17 Long-term average ethane price (nominal)* US$c/gal 37,18 32,79 39,04 Long-term average ammonia price* Rand/ton 5 297,00 4 664,32 4 258,54 Long-term average Southern African gas purchase price (real)* US$c/Gj 8,41 7,10 4,86 Long-term average refining margin (nominal)* US$/bbl 9,67 9,43 10,16 Long-term average exchange rate* Rand/US$ 14,57 15,20 14,29 * Assumptions are provided on a long-term average basis. Oil and ammonia prices and exchange rate assumptions are calculated based on a five year period, while the ethane price is based on a ten year period. The refining margin is calculated until 2034, linked to the Sasolburg refinery's useful life. The Southern African gas purchase price is calculated until 2050, linked to the South African integrated value chain's useful life. United South States of Africa America Europe % % % Growth rate — long-term Producer Price Index 2021 5,50 2,00 2,00 Weighted average cost of capital* 2021 14,03 7,70 7,70 – 9,05 Growth rate — long-term Producer Price Index 2020 5,50 2,00 2,00 Weighted average cost of capital* 2020 14,22 7,66 7,66 – 9,79 Growth rate — long-term Producer Price Index 2019 5,50 2,00 2,00 Weighted average cost of capital* 2019 13,12 7,18 7,18 – 9,48 * Calculated using spot market factors on 30 June.
Summary of significant impairment/(reversal of impairment) of assets	Property, Other plant and Right of intangible Recoverable equipment use assets assets Other Total amount* 2021 2021 2021 2021 2021 2021 Segment and Cash-generating unit (CGU) Rm Rm Rm Rm Rm Rm Fuels Segment Secunda liquid fuels refinery 24 456 — — — 24 456 23 232 Chemicals Africa segment Southern Africa Wax value chain 7 863 — — — 7 863 2 748 Chlor Alkali and PVC 1 094 — — — 1 094 393 Chemicals America segment US Phenolics assets 351 30 79 — 460 — Ethylene Oxide/Ethylene Glycol (EO/EG) (4 906) (2) (26) — (4 934) 110 113 Gas segment Sasol Canada - Shale gas assets (521) — — — (521) 357 Other 196 5 1 112 314 — 28 533 33 54 112 28 732 * The recoverable amounts reflect the CGU's contribution to the integrated value chain and have been determined as described in the accounting policies below. Significant impairment of assets in prior periods 2020 Segment and Cash-generating unit (CGU) Description Rm Fuels segment Sasolburg liquid fuels refinery The impairment is mainly due to lower refining margins over the long-term and an increase in the WACC rate. 8 594 Secunda liquid fuels refinery The impairment is mainly due to lower crude oil prices, an increase in the WACC rate and a higher cost to procure gas in the longer term. 3 834 Chemicals America LLDPE & LDPE At 30 June 2020, assets and liabilities relating to a combination of assets within Sasol Chemicals USA have been classified as held for sale. An impairment was recognised to reduce the carrying value of the disposal group down to its fair value less cost to sell, including any portion that Sasol might retain in the disposal group. 72 558 Chemicals Africa Ammonia value chain* The impairment is mainly due to lower international ammonia selling prices and a decrease in volumes based on reduced market demand and a reduction in gas allocated to the value chain. 2 736 Acrylates & Butanol value chain The impairment is mainly due to significantly lower selling prices coupled with a long expected recovery period as operating rates are only expected to recover to pre-COVID-19 levels by 2027. The CGU was also impacted by an increase in the WACC rate and a higher cost to procure gas in the longer term. 6 766 Polyethylene value chain* The impairment is mainly due to depressed selling prices caused by polyethylene overcapacity, worsened by the impact of COVID-19, and higher feedstock costs. 5 814 Chlor Vinyls value chain* The impairment is mainly due to significant lower selling prices which were only partly offset by the weakening in the rand. 1 979 Chemical Work Up & Heavy Alcohols value chain* The impairment is mainly due to significantly lower selling prices and an increase in the WACC rate. Overall Solvents prices decreased by 12% compared to the prior year. 1 668 Southern Africa Wax value chain* The impairment is mainly due to lower wax selling prices, an increase in the WACC rate and the higher cost to procure gas in the longer term. 3 777 Chemicals Eurasia Wax The impairment is mainly due to lower wax selling prices, driven by the negative macro-economic conditions as well as increased market competition experienced from low cost paraffin wax producers. This was partly offset by increased volumes in the wax emulsion market. 2 838 Other 2 172 112 736 * Impairment results for 2020 for these CGU's have been revised. Segment and Cash-generating unit 2019 (CGU) Description Rm Chemicals America Tetramerization value chain (LCCP) The impairments were driven by an increase in capital cost for the Lake Charles Chemicals Project (LCCP) and lower US ethylene and global mono-ethylene glycol price assumptions as at 30 June 2019. 7 403 Ethylene Oxide/Ethylene Glycol (EO/EG) The upstream ethane cracker is a corporate asset and the increase in its capital cost has an impact on the downstream derivative units. All cash generating units linked to the LCCP were assessed for impairment. 5 460 Sasol Canada – Shale gas assets The impairment was resulted from the depressed Canadian gas price environment. 1 947 Chemicals Africa Ammonia value chain The impairment was as a result of lower international ammonia sales price assumptions in the short- to medium-term and increased gas feedstock prices in the longer term. 3 509 Other (net of reversal of impairment) 600 18 919

Disposals and scrapping (Tables

Disposals and scrapping (Tables)	12 Months Ended
Disposals and scrapping (Tables)	Jun. 30, 2021
Disposals and scrapping
Schedule of disposals and scrapping	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Property, plant and equipment 20 7 064 1 431 1 560 cost 12 183 7 184 8 097 accumulated depreciation and impairment (5 119) (5 753) (6 537) Goodwill and other intangible assets 947 179 112 cost 1 073 276 336 accumulated amortisation and impairment (126) (97) (224) Equity accounted investments 370 437 — Assets in disposal groups held for sale 67 662 2 563 94 Inventories 814 — — Trade and other receivables 174 — — Cash and cash equivalents 57 — — Liabilities in disposal groups held for sale (2 577) (414) (38) Long-term debt (2 673) — — Long-term financial liabilities (477) — — Trade and other payables (67) 175 — 71 294 4 371 1 728 Total consideration 73 426 4 285 567 consideration received 43 214 4 285 567 consideration still receivable 116 — — establishment of Joint operation 30 096 — — 2 132 (86) (1 161) Realisation of accumulated translation effects 3 388 801 52 Net profit/(loss) on disposal 5 520 715 (1 109) Consideration received comprising Chemicals America – US LCCP Base Chemicals business 29 894 — — Fuels & Chemiclas Africa – Air separation units 8 051 — — Chemicals America – interest in Gemini HDPE LLC 3 456 — — Gas – Gabon oil producing assets 424 — — Chemicals Eurasia – ARG Investment 316 — — Chemicals Africa – Share in Enaex Africa 175 — — Chemicals Eurasia — Investment in Sasol Huntsman GmbH & co KG — 1 506 — Chemicals Africa — Partial disposal of Explosives business — 991 — Energy — Investment in Escravos GTL (EGTL) — 875 — Chemicals Eurasia — Sasol Wilmar Alcohol Industries — 235 — Chemicals Eurasia — Heat Transfer Fuels (HTF) business — — 271 Other 898 678 296 Consideration received 43 214 4 285 567

Disposal group held for sale (T

Disposal group held for sale (Tables)	12 Months Ended
Disposal group held for sale (Tables)	Jun. 30, 2021
Disposal groups held for sale
Schedule of disposal groups held for sale	2021 2020 for the year ended 30 June Rm Rm Assets in disposal groups held for sale Segment Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) Gas 6 085 5 951 Central Termica de Ressano Garcia S.A. (CTRG) Gas 3 034 — Canadian shale gas assets Gas 1 181 — US Base Chemicals Assets Chemicals America — 71 001 Secunda Operations Air Separation Units Fuels and Chemicals Africa — 5 675 Other Chemicals America, Chemicals Eurasia, Chemicals Africa, Fuels and Mining 331 1 641 10 631 84 268 Liabilities in disposal groups held for sale Segment Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)* Gas (1 771) (2 604) Central Termica de Ressano Garcia S.A. (CTRG) Gas (1 109) — Canadian shale gas assets Gas (824) — US Base Chemicals Assets Chemicals America — (2 425) Secunda Operations Air Separation Units Fuels and Chemicals Africa — (38) Other Chemicals America, Chemicals Eurasia, Fuels and Mining (2) (464) (3 706) (5 531) *

Taxation (Tables)

Taxation (Tables)	12 Months Ended
Taxation (Tables)	Jun. 30, 2021
Taxation
Schedule of taxation	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm South African normal tax 7 430 2 140 3 206 current year 7 478 2 542 3 804 prior years (48) (402) (598) Dividend withholding tax — 2 — Foreign tax 2 079 (1 212) 2 640 current year 2 106 2 242 2 544 prior years* (27) (3 454) 96 Income tax 9 509 930 5 846 Deferred tax – South Africa 15 (9 779) (9 324) 1 732 current year (9 464) (9 724) 1 715 prior years (315) 400 17 Deferred tax – foreign 15 455 (17 996) (4 775) current year* 339 (20 375) (4 831) prior years* 124 2 375 55 tax rate change (8) 4 1 185 (26 390) 2 803 13 Taxation continued * 2020 relates mainly to the relief provided to companies in the United States under the Coronavirus Aid, Relief, and Economic Security Act, (CARES Act) allowing taxpayers to carry back losses incurred during 2018 to 2020 for five years. The decrease from 2019 to 2020 relates to impairments accounted for in the 2020 financial year. * Increase in the prior year relates mainly to tax losses incurred at our US operations where we anticipate sufficient profits to be generated in future to utilise the deferred tax asset against.
Schedule of reconciliation of effective tax rate to current tax rate	2021 2020 2019 % % % Reconciliation of effective tax rate The table below shows the difference between the South African enacted tax rate (28%) compared to the effective tax rate in the income statement. Total income tax expense differs from the amount computed by applying the South African normal tax rate to profit before tax. The reasons for these differences are: South African normal tax rate 28,0 28,0 28,0 Increase/(decrease) in rate of tax due to: disallowed preference share dividends — — 0,4 disallowed expenditure¹ 11,4 (1,0) 10,9 disallowed share-based payment expenses² 2,3 (0,3) 3,3 different tax rates³ 0,5 (3,6) 15,3 share of profits of equity accounted investments — (0,1) — tax losses not recognised⁴ — (2,0) 9,9 prior year adjustments — — 2,3 other adjustments — (0,5) 2,3 42,2 20,5 72,4 (Decrease)/increase in rate of tax due to: exempt income⁵ (10,0) 0,7 (2,0) share of profits of equity accounted investments (2,1) — (3,8) effect of tax litigation matters⁶ — — (9,5) utilisation of tax losses⁷ (20,9) — (0,3) investment incentive allowances (0,4) — (20,0) translation differences (1,9) — (1,1) prior year adjustments (2,2) 0,9 — capital gains and losses⁸ (1,8) — — other adjustments (1,2) 0,3 (0,5) Effective tax rate 1,7 22,4 35,2 1 Includes non-deductible expenses incurred not deemed to be in the production of taxable income mainly relating to non-productive interest in our treasury function and project costs. 2 This relates to the share based payment expense on the Sasol Khanyisa transaction. 3 2019 mainly relates to the impact of lower tax rate in the US on the increases in tax losses incurred during the year. 4 Tax losses not recognised in 2019 mainly relate to the R 1,9 billion (2018 — R 2,8 billion) impairment of the Canadian shale gas asset for which no deferred tax asset was raised. 5 Mainly relates to the Foreign Currency Translation Reserve (FCTR) reclassified on the disposal of business. 6 2019 includes reversal of tax and interest pertaining to Sasol Oil. 7 Tax losses utilised in the current year which are allowed to be set off against 2021 foreign exchange gains.Refer note 6. 8 Relates mainly to the disposal of the Air Separation Units .

Tax paid (Tables)

Tax paid (Tables)	12 Months Ended
Tax paid (Tables)	Jun. 30, 2021
Tax paid
Schedule of tax paid	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Net amounts (receivable)/payable at beginning of year (4 754) 309 (984) Disposal of businesses 40 — (1) Net interest and penalties on tax¹ (17) (41) (630) Income tax per income statement 13 9 509 930 5 846 Reclassification to held for sale² (304) 29 6 Foreign exchange differences recognised in income statement (14) 48 4 Translation of foreign operations 513 (370) 14 4 973 905 4 255 Net tax receivable/(payable) per statement of financial position 307 4 754 (309) tax payable (806) (665) (1 039) tax receivable³ 1 113 5 419 730 Per the statement of cash flows 5 280 5 659 3 946 Comprising Normal tax South Africa 6 622 3 131 933 Foreign (1 342) 2 526 3 013 Dividend withholding tax — 2 — 5 280 5 659 3 946 1 2019 relates to the reversal of interest pertaining to the Sasol Oil matter. 2 Mainly due to Rompco tax payable that was transferred to liabilities held for sale. 3 2020 relates mainly to the relief provided to companies in the United States under the Coronavirus Aid Relief and Economic Security Act 9 (CARES Act) allowing taxpayers to carry back losses incurred during 2018 – 2020 for five years.

Deferred tax (Tables)

Deferred tax (Tables)	12 Months Ended
Deferred tax (Tables)	Jun. 30, 2021
Deferred tax
Schedule of deferred tax	2021 2020 for the year ended 30 June Note Rm Rm Reconciliation Balance at beginning of year (12 511) 17 978 Current year charge (8 956) (27 873) per the income statement 13 (9 324) (27 320) per the statement of comprehensive income 368 (553) Reclassification from/(to) held for sale 424 (880) Disposal of investment¹ (85) – Foreign exchange differences recognised in income statement (103) 142 Translation of foreign operations 4 513 (1 878) Balance at end of year (16 718) (12 511) Comprising Deferred tax assets (24 511) (31 665) Deferred tax liabilities 7 793 19 154 (16 718) (12 511) 1 2021 2020 for the year ended 30 June Rm Rm Attributable to the following tax jurisdictions · South Africa 3 169 12 676 · United States of America (18 556) (22 865) · Germany (1 085) (1 651) · Mozambique 323 699 · Other (569) (1 370) (16 718) (12 511) Deferred tax is attributable to temporary differences on the following: Net deferred tax assets: Property, plant and equipment 6 287 (5 285) Right of use assets 1 024 1 103 Short- and long-term provisions (3 731) (4 065) Calculated tax losses (24 097) (18 768) Financial liabilities (1 324) (2 238) Other (2 670) (2 412) (24 511) (31 665) Net deferred tax liabilities: Property, plant and equipment 13 392 25 423 Right of use assets 1 370 1 150 Current assets (1 124) (894) Short- and long-term provisions (3 948) (3 371) Calculated tax losses (11) (448) Financial liabilities 135 (517) Other (2 021) (2 189) 7 793 19 154 2021 2020 for the year ended 30 June Rm Rm Calculated tax losses (before applying the applicable tax rate) Available for offset against future taxable income 105 428 100 301 Utilised against the deferred tax balance (102 890) (79 294) Not recognised as a deferred tax asset 1 2 538 21 007 Calculated tax losses carried forward that have not been recognised: Expiry within 1 year 3 — Expiry between one and five years 1 150 1 201 Expiry thereafter 608 19 090 Indefinite life 777 716 2 538 21 007 1 Included i n 2020 are calculated tax losses of R 18,5 billion relating to Sasol Canada which was classified as held for sale at 30 June 2021. The Group disposed of its investment in Sasol Canada in July 2021.
Schedule of unremitted earnings	2021 2020 for the year ended 30 June Rm Rm Unremitted earnings at end of year that would be subject to dividend withholding tax 26 662 27 750 Europe 20 051 19 943 Rest of Africa 1 933 2 807 Other 4 678 5 000 Tax effect if remitted 455 380 Europe 277 133 Rest of Africa 155 225 Other 23 22
Schedule of dividend withholding tax	2021 2020 for the year ended 30 June Rm Rm Undistributed earnings at end of year that would be subjected to dividend withholding tax withheld by the company on behalf of Sasol Limited shareholders 99 061 90 508 Maximum withholding tax payable by shareholders if distributed to individuals 19 812 18 102

Share capital (Tables)

Share capital (Tables)	12 Months Ended
Share capital (Tables)	Jun. 30, 2021
Share capital.
Schedule of share capital	2021 2020 2019 for the year ended 30 June Rm Rm Rm Issued share capital (as per statement of changes in equity)* 9 888 9 888 9 888 Number of shares for the year ended 30 June 2021 2020 2019 Authorised Sasol ordinary shares of no par value 1 127 690 590 1 127 690 590 1 127 690 590 Sasol preferred ordinary shares of no par value 28 385 646 28 385 646 28 385 646 Sasol BEE ordinary shares of no par value 158 331 335 158 331 335 158 331 335 1 314 407 571 1 314 407 571 1 314 407 571 Issued Shares issued at beginning of year 632 365 757 631 028 318 645 560 928 Issued in terms of the employee share schemes 1 878 579 1 337 439 1 566 581 Repurchase and cancellation of shares** — — (16 085 199) Issued in terms of Sasol Khanyisa — — (13 992) Shares issued at end of year 634 244 336 632 365 757 631 028 318 Comprising Sasol ordinary shares of no par value 627 912 989 626 034 410 624 696 971 Sasol BEE ordinary shares of no par value 6 331 347 6 331 347 6 331 347 634 244 336 632 365 757 631 028 318 Unissued shares Sasol ordinary shares of no par value 499 777 601 501 656 180 502 993 619 Sasol preferred ordinary shares of no par value 28 385 646 28 385 646 28 385 646 Sasol BEE ordinary shares of no par value 151 999 988 151 999 988 151 999 988 680 163 235 682 041 814 683 379 253 * At 30 June 2021, 10 469 584 shares (2020 - 13 969 621 shares) were held by the Sasol Foundation Trust and the Sasol Khanyisa Employee Share Ownership Plan. ** On 7 September 2018, 16 085 199 preferred ordinary shares were repurchased from Inzalo Public Funding (RF) Proprietary Limited at a purchase price of R542,11 per share as per the shareholders authorisation obtained at the Annual General Meeting held on 17 November 2017, which had the effect that these shares were cancelled and restored to authorised share capital.

Long-term debt (Tables)

Long-term debt (Tables)	12 Months Ended
Long-term debt (Tables)	Jun. 30, 2021
Long-term debt.
Schedule of long-term debt	2021 2020 for the year ended 30 June Rm Rm Total long-term debt 102 643 167 197 Short-term portion (5 506) (19 686) 97 137 147 511 Analysis of long-term debt At amortised cost Secured debt 1 108 4 608 Unsecured debt 2 102 974 163 216 Unamortised loan costs (439) (627) 102 643 167 197 Reconciliation Balance at beginning of year 167 197 129 569 Transfer of operating lease straight-lining under IAS 17 on initial application of IFRS 16 — (1 027) Adjusted amount 167 197 128 542 Loans raised 3 26 057 36 487 Loans repaid 2 (61 454) (28 335) Modification loss 4 — 1 193 Interest accrued 305 1 003 Amortisation of loan costs 160 135 Disposal of business 5 (2 673) — Transfer to disposal groups held for sale 1 (939) (1 551) Translation of foreign operations (26 010) 29 723 Balance at end of year 102 643 167 197 Interest-bearing status Interest-bearing debt 102 643 167 197 Maturity profile Within one year 5 506 19 686 One to five years 64 495 133 179 More than five years 32 642 14 332 102 643 167 197 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 R 55,4 billion ($ 3,6 billion) (2020: R 23,5 billion, US$ 1,5 billion) as well as repayment of term loans R 5,4 billion (US$ 350 million). 3 Loans raised relate mainly to the R 23,1 billion (US $ 1,5 billion) bonds issued in March 2021. 4 2020 relates to the loan covenant amendment. Refer to page 53. 5 Relates to the disposal of Sasol's 50% interest in Gemini HDPE LLC. 17 Long-term debt continued In terms of Sasol Limited’s memorandum of incorporation, the group’s borrowing powers are limited to twice the sum of its share capital and reserves (2021 — R305 billion; 2020 — R309 billion). Interest rate at 2021 2020 Terms of repayment Security Business Currency 30 June 2021* Rm Rm Secured debt Repayable in quarterly instalments ending August 2024 Secured by property, plant and equipment (2020 carrying value — R Chemicals North America US dollar — 3 209 Repayable in bi-annual instalments ending 31 August 2030* Secured by shares, property, plant and equipment(2020 carrying value - R1 821 million) Gas US dollar — 1 226 Various Various Various 108 173 108 4 608 * Unless specified interest rate remained unchanged year-on-year. Relates to Sasol's portion of the Gemini HDPE LLC debt. Sasol disposed of its interest in this entity in the current year. * The Central Termica De Ressane Garcia S.A. (CTRG) debt was transferred to disposal groups held for sale at 30 June 2021. Interest rate at 2021 2020 Terms of repayment Business Currency 30 June 2021* Rm Rm Unsecured debt Various repayment terms ending June 2026 Various Various Various 599 949 Various repayment terms Fuels Rand Fixed 8% 588 659 Repayable in August 2022 Corporate Centre (Sasol Financing) Rand Variable 3 months Jibar + 1,3% 2 191 2 197 Repayable November 2022¹ Corporate Centre (Sasol Financing International) US dollar Fixed 4,5% 14 359 17 428 Repayable in November 2024 2,3 Corporate Centre (Sasol Financing International and Sasol Financing USA) US dollar Libor + 1,60% 7 788 68 109 Repayable June 2024⁴ Corporate Centre (Sasol Financing USA) US dollar Variable 1,60% 2 143 2 601 Repayable June 2024⁴ Corporate Centre (Sasol Financing USA) US dollar Variable 2,00% 20 954 28 997 Various repayment terms from March 2024 to March 2031 5 Corporate Centre (Sasol Financing USA) US dollar Fixed 4,4% to 6,5% (2020 - Fixed 5,8% to 6,5% ) 54 352 39 603 Repayable in November 2024 6 Corporate Centre (Sasol Financing USA) US dollar 2020 - Libor 2,90% - 2 673 Total unsecured debt 102 974 163 216 Total long-term debt 103 082 167 824 Unamortised loan costs (amortised over period of debt using the effective interest rate method) (439) (627) 102 643 167 197 Short-term portion of long-term debt (5 506) (19 686) 97 137 147 511 * 1 Included in this amount is the US $1 billion (R 14 billion) bond, with a fixed interest rate of 4,5% which is listed on the New York Stock Exchange and is recognised in Sasol Financing International Limited, a 100% owned subsidiary of the group. Sasol Limited has fully and unconditionally guaranteed the bond. There are no restrictions on the ability of Sasol Limited to obtain funds from the finance subsidiary by dividend or loan. 2 The variable interest rate debt relates to the US $3,8 billion (R 54,2 billion) revolving credit facility. 3 During the year Sasol Financing International Limited, repaid R 55 billion ( $3,6 billion) on the revolving credit facility. 17 Long-term debt continued 4 The variable interest rate debt relates to the US $1,45 billion (R 20,7 billion) term loan and US $150 million (R 2,1 billion) revolving credit facility. 5 Included in this amount is the US$ 2,25 billion (R 32,1 billion) bonds with additional $ 1,5 billion (R 21,4 billion) issued during the year, with fixed interest rates of between 4,38% and 6,5% which are listed on the New York Stock Exchange and is recognised in Sasol Financing USA LLC, a 100% owned subsidiary of the group. Sasol Limited has fully and unconditionally guaranteed the bonds. There are no restrictions on the ability of Sasol Limited to obtain funds from the finance subsidiary by dividend or loan. 6 Repaid during the year.
Schedule of liquidity available from borrowings	Total Contract Rand Utilised Available amount equivalent facilities facilities 30 June 2021 Expiry date Currency million Rm Rm Rm Banking facilities and debt arrangements Group treasury facilities Commercial paper (uncommitted) 1 None Rand 8 000 8 000 2 176 5 824 Commercial banking facilities None Rand 8 500 8 500 — 8 500 Revolving credit facility 2 November 2024 US dollar 3 367 48 064 7 737 40 327 Revolving credit facility June 2024 US dollar 150 2 141 2 141 — Debt arrangements US Dollar Bond November 2022 US dollar 1 000 14 275 14 275 — US Dollar Bond March 2024 US dollar 1 500 21 413 21 413 — US Dollar Bond September 2028 US dollar 750 10 706 10 706 — US Dollar Bond March 2026 US dollar 650 9 279 9 279 — US Dollar Bond September 2031 US dollar 850 12 134 12 134 — US Dollar term loan June 2024 US dollar 1 450 20 699 20 699 — Other Sasol businesses Specific project asset finance Energy — Clean Fuels II (Natref) Various Rand 993 993 993 — Debt arrangements Other debt arrangements Various — — 742 — 102 295 54 651 Available cash excluding restricted cash 29 224 Total funds available for use 83 875 Total utilised facilities 102 295 Accrued interest 1 090 Unamortised loan cost (439) Total debt including accrued interest and unamortised loan cost 102 946 Comprising Long-term debt 97 137 Short-term debt 5 566 Short-term debt 60 Short-term portion of long-term debt 5 506 Bank overdraft 243 102 946 17 Long-term debt continued 1 In August 2019, Sasol issued its inaugural paper to the value of R 2 176 million in the local debt market under the current Domestic Medium Term Note (DMTN) programme, at 130 basis points above 3 month Jibar, repayable in August 2022. 2 The RCF is available until November 2024, with total availability reducing to US$ 3,495 billion by November 2022 and to US$ 2,845 billion by November 2023.

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Jun. 30, 2021
Leases
Schedule of lease amounts recognised in balance sheet	2021 2020 for the year ended 30 June Note Rm Rm Amounts recognised on balance sheet Lease liabilities Non-current 13 906 15 825 Current 1 771 1 894 15 677 17 719 Right of use assets Land 241 184 Buildings and improvements 5 153 6 446 Plant, equipment and vehicles 7 508 7 179 Mineral assets 1 7 12 903 13 816 Additions to right of use assets 1 899 3 466
Schedule of amounts recognised in income statement and cash flow	2021 2020 2019 for the year ended 30 June Rm Rm Rm Amounts recognised in income statement Interest expense (included in net finance cost) 1 488 1 465 871 Expense relating to short-term leases* 423 757 — Expense relating to leases of low-value assets that are not shown above as short-term leases* 65 33 — Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)* 58 64 — Impairment of right of use assets 33 3 322 — Depreciation of right of use assets Land 11 25 — Buildings and improvements 694 662 — Plant, equipment and vehicles 1 607 1 605 — Mineral assets 5 2 — 2 317 2 294 — Amounts recognised in statement of cash flows Total cash outflow on leases 3 882 4 048 1 108 * Included in cash paid to suppliers and employees in the statement of cash flows.
Schedule of incremental borrowing rates	Southern Africa 6,19 -15,35% (2020: 6,25 - 16,58%) North America 2,15 - 5,64% (2020: 2,15 - 5,64%) Eurasia 0,38 - 6,35% (2020: 1,00 - 5,00%)

Short-term debt (Tables)

Short-term debt (Tables)	12 Months Ended
Short-term debt (Tables)	Jun. 30, 2021
Short-term debt.
Schedule of short-term debt	2021 2020 for the year ended 30 June Note Rm Rm Short-term debt 1 60 21 888 Short-term portion of long-term debt 2 17 5 506 19 686 lease liabilities 18 1 771 1 894 7 337 43 468 1 The decrease in 2021 relates to the repayments of R 19 717 million, ( $1 billion syndicated loan and commercial banking facilities), translation gains of R 1 958 million and transfer of R 197 million to disposal groups held for sale. Sasol secured the R 17 billion (US $1 billion) syndicated loan facility in November 2019. 2 At 30 June 2020 R 17 billion (US $1 billion) of the RCF was classified as short-term in anticipation of proceeds from asset disposals being used to repay debt in accordance with the covenant waiver agreement. This was repaid during the current year. Refer note 17.

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
Property, plant and equipment (Tables)	Jun. 30, 2021
Property, plant and equipment.
Schedule of detailed information about property, plant and equipment	Building Plant, Assets and equipment Mineral under Land improvements and vehicles assets construction* Total for the year ended 30 June Rm Rm Rm Rm Rm Rm Revised carrying amount at 30 June 2020 1 5 591 11 954 152 255 30 043 27 802 227 645 Additions 18 4 1 063 43 14 894 16 022 to sustain existing operations 18 — 948 43 13 792 14 801 to expand operations — 4 115 – 1 102 1 221 Net reclassification (to)/from other assets (2) 56 (750) 20 722 46 Reduction in rehabilitation provisions capitalised (note 33) — (4) (55) (1 401) (965) (2 425) Establishment of joint operation² 325 1 097 28 079 – 62 29 563 Disposal of business 3 (1 399) (632) (4 544) (1) (31) (6 607) Finance costs capitalised — — – – 880 880 Projects capitalised 73 837 11 918 2 654 (15 952) (470) Reclassification from/(to) held for sale (note 12) 98 349 (711) (981) (444) (1 689) Translation of foreign operations (775) (1 457) (18 327) 98 (573) (21 034) Disposals and scrapping (2) (19) (184) (49) (203) (457) Current year depreciation charge — (537) (11 080) (3 303) – (14 920) Net impairment of property, plant and equipment (note 10) (56) (94) (28 678) 353 (58) (28 533) Carrying amount at 30 June 2021 3 871 11 554 128 986 27 476 26 134 198 021 * Includes intangible assets under construction 1 Refer to note 1 for details. 2 Refer to note 11 for details. 3 Relates mainly to the disposal of our 50% equity interest in Gemini HDPE LLC. 20 Property, plant and equipment continued Building Plant, Assets and equipment Mineral under Land improvements and vehicles assets construction Total for the year ended 30 June Rm Rm Rm Rm Rm Rm Carrying amount at 30 June 2019 4 202 15 434 185 235 28 678 127 764 361 313 Impact of revision (refer note 1) — — (3 731) — — (3 731) Revised carrying amount at 1 July 2019 4 202 15 434 181 504 28 678 127 764 357 582 Transfer of finance lease assets to right of use assets on initial application of IFRS 16 (6) (1 475) (5 936) — (71) (7 488) Adjusted carrying amount at 1 July 2019 4 196 13 959 175 568 28 678 127 693 350 094 Additions 34 59 1 039 1 230 35 730 38 092 to sustain existing operations 34 42 825 1 230 19 017 21 148 to expand operations — 17 214 — 16 713 16 944 Net reclassification (to)/from other assets (11) (295) 447 (4) (17) 120 Reduction in rehabilitation provisions capitalised (note 33) — — (23) (160) — (183) Finance costs capitalised — — — — 3 520 3 520 Projects capitalised 920 3 035 120 616 3 378 (128 492) (543) Reclassification to held for sale (note 12) (112) (2 350) (61 754) — (9 497) (73 713) Translation of foreign operations 842 2 091 23 761 230 12 876 39 800 Disposals and scrapping (268) (6) (484) (18) (655) (1 431) Current year depreciation charge (revised) — (720) (15 568) (3 291) — (19 579) Net impairment of property, plant and equipment (revised) (note 10) (10) (3 819) (91 347) — (13 356) (108 532) Revised carrying amount at 30 June 2020 5 591 11 954 152 255 30 043 27 802 227 645 Building Plant, Assets and equipment Mineral under Land improvements and vehicles assets construction Total for the year ended 30 June Rm Rm Rm Rm Rm Rm 2021 Cost 4 145 20 462 334 432 47 606 26 134 432 779 Accumulated depreciation and impairment (274) (8 908) (205 446) (20 130) — (234 758) 3 871 11 554 128 986 27 476 26 134 198 021 2020 Cost 5 844 21 418 325 837 84 822 27 802 465 723 Accumulated depreciation and impairment (revised) (253) (9 464) (173 582) (54 779) — (238 078) 5 591 11 954 152 255 30 043 27 802 227 645 2019 Cost 4 403 23 034 316 548 74 769 127 764 546 518 Accumulated depreciation and impairment (revised) (201) (7 600) (135 044) (46 091) — (188 936) 4 202 15 434 181 504 28 678 127 764 357 582 2021 2020 2019 for the year ended 30 June Rm Rm Rm Additions to property, plant and equipment (cash flow) Current year additions 16 022 38 092 55 862 Adjustments for non-cash items (77) (2 947) (81) movement in environmental provisions capitalised (77) (2 947) (1 924) movement in long-term debt — — (117) LCCP investment incentives — — 1 960 Per the statement of cash flows 15 945 35 145 55 781
Schedule of capital commitments (excluding equity accounted investments)	2021 2020 for the year ended 30 June Rm Rm Capital commitments (excluding equity accounted investments) Capital commitments, excluding capitalised interest, include all projects for which specific board approval has been obtained. Projects still under investigation for which specific board approvals have not yet been obtained are excluded from the following: Authorised and contracted for 33 196 260 620 Authorised but not yet contracted for 33 297 21 136 Less expenditure to the end of year (26 605) (249 806) 39 888 31 950 to sustain existing operations 25 591 26 305 to expand operations 14 297 5 645 Estimated expenditure Within one year 21 393 15 578 One to five years 18 495 16 372 39 888 31 950 Significant capital commitments and expenditure at 30 June comprise mainly of: Capital commitments Capital expenditure 2021 2020 2021 2020 Project Project location Business segment Rm Rm Rm Rm Projects to sustain operations Shutdown and major statutory maintenance Various Various 6 439 3 247 2 583 5 221 Environmental projects Various Various 3 033 1 007 1 806 2 800 Clean fuels II Secunda Fuels 1 483 1 375 237 355 Projects to expand operations Mozambique exploration and development Mozambique Gas 10 786 3 353 234 211 Lake Charles Chemical Project United States Chemicals America 798 1 297 684 13 807
Schedule of depreciation and amortisation expense	Buildings and improvements 1 - 17%, units of production over life of related reserve base Retail convenience centres 3 – 5 % Plant 2 – 50 % Equipment 3 – 91 % Vehicles 5 – 33 % Mineral assets Units of production over life of related reserve base Life-of-mine coal assets Units of production over life of related reserve base

Long-term receivables and pre_2

Long-term receivables and prepaid expenses (Tables)	12 Months Ended
Long-term receivables and prepaid expenses (Tables)	Jun. 30, 2021
Long-term receivables and prepaid expenses
Schedule of long-term receivables and prepaid expenses	2021 2020 for the year ended 30 June Rm Rm Total long-term receivables¹ 4 956 7 411 Impairment of long-term receivables* (91) (442) Short-term portion (986) (1 170) 3 879 5 799 Long-term prepaid expenses 345 636 4 224 6 435 Comprising: Long-term receivables (interest-bearing) - joint operations 605 1 608 Long-term loans 2 517 2 822 LCCP investment incentives 757 1 369 3 879 5 799 1 Reduction in long-term receivables and impairment of long-term receivables relate mainly to CTRG that transferred to disposal groups held for sale refer note 12. * Impairment of long-term loans and receivables Long-term loans and receivables are considered for impairment under the expected credit loss model. Refer to note 40 for detail on the impairments recognised.

Equity accounted investments (T

Equity accounted investments (Tables)	12 Months Ended
Equity accounted investments (Tables)	Jun. 30, 2021
Equity accounted investments.
Schedule of interest in equity accounted investments and total carrying values	Country of Interest 2021 2020 Name incorporation Nature of activities % Rm Rm Joint ventures ORYX GTL Limited Qatar GTL plant 49 9 329 10 511 Sasol Dyno Nobel (Pty) Ltd South Africa Manufacturing and distribution of explosives 50 260 255 Sasol Chevron Holdings Limited¹ Bermuda Marketing of Escravos GTL products – – 159 Associates Enaex Africa (Pty) Ltd² South Africa Manufacturing and distribution of explosives 23 295 512 Other equity accounted investments Various 258 375 Carrying value of investments 10 142 11 812 1 On 3 June 2021 Sasol sold its 50 % shareholding in Sasol Chevron Holdings Limited. 2 On 1 May 2021 Sasol sold 26 % of its shareholding in Enaex Africa (Pty) Ltd.
Summarised financial information for the group's share of equity accounted investments which are not material	2021 2020 for the year ended 30 June Rm Rm Operating profit/(loss) 128 (674) Profit/(loss) before tax 140 (665) Taxation (45) (20) Profit/(loss) for the year** 95 (685) * The financial information provided represents the group’s share of the results of the equity accounted investments. ** Included in the 2020 results is an operating loss pertaining to the Group's investment in Escravos GTL. The group disposed of this investment in June 2020.
Schedule of capital commitments relating to equity accounted investments	2021 2020 Capital commitments relating to equity accounted investments Rm Rm Capital commitments, excluding capitalised interest, include all projects for which specific board approval has been obtained up to the reporting date. Projects still under investigation for which specific board approvals have not yet been obtained are excluded from the following: Authorised and contracted for 622 1 936 Authorised but not yet contracted for 713 1 089 Less: expenditure to the end of year (348) (1 748) 987 1 277
Summarised financial information for the group's material equity accounted investments	Joint venture ORYX GTL Limited 2021 2020 for the year ended 30 June Rm Rm Summarised statement of financial position Non-current assets 13 149 17 236 Deferred tax asset 212 636 Current assets 7 989 7 217 Total assets 21 350 25 089 Other non-current liabilities 742 974 Other current liabilities 1 178 2 663 Tax payable 391 — Total liabilities 2 311 3 637 Net assets 19 039 21 452 Summarised income statement Turnover 8 538 7 279 Depreciation and amortisation (1 759) (1 424) Other operating expenses (4 513) (4 707) Operating profit before interest and tax 2 266 1 148 Finance income 6 31 Finance cost (48) (84) Profit before tax 2 224 1 095 Taxation (758) (492) Profit and total comprehensive income for the year 1 466 603 The group’s share of profits of equity accounted investment 719 338 49% share of profit before tax 1 090 536 Taxation (371) (198) Reconciliation of summarised financial information Net assets at the beginning of the year 21 452 16 893 Profit before tax for the year 2 224 1 095 Taxation (758) (483) Foreign exchange differences (3 879) 3 947 Net assets at the end of the year 19 039 21 452 Carrying value of equity accounted investment 9 329 10 511

Interest in joint operations (T

Interest in joint operations (Tables)	12 Months Ended
Interest in joint operations (Tables)	Jun. 30, 2021
Interest in joint operations
Schedule of interest in joint operations	% of equity owned 2021 2020 Name Country of incorporation Nature of activities % % Louisiana Integrated Polyethylene JV LLC 1 United States of America Manufactures high density polyethylene chemicals 50 — Gemini HDPE LLC 2 United States of America Manufactures high density polyethylene chemicals — 50 Sasol Canada 3 Canada Development of shale gas reserves and production and marketing of shale gas 50 50 Natref South Africa Refining of crude oil 64 64 1 Upon successful completion of the divestment of 50% of Sasol’s commodity chemicals units at our Lake Charles facility in December 2020, the 50/50 Louisiana Integrated Polyethylene joint venture (“JV”) with LyondellBasell was established. LyondellBasell operates the JV assets on behalf of the JV. The joint operation operates as a tolling arrangement and Sasol retains control to the goods during the toll processing, for which a fee is paid, and only recognises revenue when the finished goods are transferred to a final customer. Sasol and Equistar, a subsidiary of LyondellBasell, have entered into a marketing agreement pursuant to which Equistar is appointed as an independent agent to exclusively market and sell, in consideration for a fee, all of Sasol’s Linear low-density polyethylene (LLDPE) and Low-density polyethylene (LDPE) produced by the joint operation to customers. 2 The Group sold it's investment in Gemini HDPE LLC on 31 December 2020. 3 The Group has classified the assets and liabilities of the Canada joint operation as held for sale at 30 June 2021. The disposal subsequently closed on 29 July 2021. Refer to note 12. The information provided is Sasol’s share of joint operations (excluding unincorporated joint operations) and includes intercompany transactions and balances. Louisiana Total Total Integrated Polyethylene Sasol JV LLC Canada* Natref Other** 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Statement of financial position External non-current assets 27 226 — 3 421 — 30 647 12 917 External current assets 665 1 379 319 2 509 4 872 1 682 Intercompany current assets — — 1 1 2 40 Total assets 27 891 1 379 3 741 2 510 35 521 14 639 Shareholders’ equity 27 484 478 360 432 28 754 3 614 Long-term liabilities 62 — 2 457 3 2 522 9 224 Interest-bearing current liabilities 38 — 184 3 225 764 Non-interest-bearing current liabilities 187 901 414 1 105 2 607 557 Intercompany current liabilities 120 — 326 967 1 413 480 Total equity and liabilities 27 891 1 379 3 741 2 510 35 521 14 639 * The Group has classified the assets and liabilities of the Canada joint operation as held for sale at 30 June 2021. The disposal subsequently closed on 29 July 2021. Refer to note 12. ** Includes Central Térmica de Ressano Garcia (CTRG), which has been classified as held for sale at 30 June 2021. Refer to note 12.

Interest in significant opera_2

Interest in significant operating subsidiaries (Tables)	12 Months Ended
Interest in significant operating subsidiaries (Tables)	Jun. 30, 2021
Interest in significant operating subsidiaries
Schedule of interest in significant operating subsidiaries	Country of % of equity owned Name incorporation Nature of activities 2021 2020 Significant operating subsidiaries Direct Sasol Mining Holdings (Pty) Ltd South Africa Holding company of the group’s mining interests 100 100 Sasol Technology (Pty) Ltd South Africa Engineering services, research and development and technology transfer 100 100 Sasol Financing Limited South Africa Management of cash resources, investments and procurement of loans (for South African operations) 100 100 Sasol Investment Company (Pty) Ltd South Africa Holding company for foreign investments 100 100 Sasol South Africa Limited 1 South Africa Integrated petrochemicals and energy company 100 100 Sasol Middle East and India (Pty) Ltd South Africa Develop and implement international GTL and CTL ventures 100 100 Sasol Africa (Pty) Ltd South Africa Exploration, development, production, marketing and distribution of natural oil and gas and associated products 100 100 Sasol Oil (Pty) Ltd South Africa Marketing of fuels and lubricants 75 75 Sasol New Energy Holdings (Pty) Ltd South Africa Developing lower-carbon energy solutions 100 100 1 Sasol Khanyisa shareholders indirectly have an 18,4% shareholding in Sasol South Africa Limited. Once the Khanyisa funding is settled, the Sasol Khanyisa ordinary shares will be exchanged for Sasol BEE Ordinary (SOLBE1) shares listed on the empowerment segment of the JSE. Country of % of equity owned Name incorporation Nature of activities 2021 2020 Significant operating subsidiaries Indirect The Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) 1 South Africa Owning and operating of the natural gas transmission pipeline between Temane in Mozambique and Secunda in South Africa for the transportation of natural gas produced in Mozambique to markets in Mozambique and South Africa 50 50 Sasol Financing International Limited South Africa Management of cash resources, investment and procurement of loans (for our foreign operations) 100 100 Sasol Germany GmbH Germany Production, marketing and distribution of chemical products 100 100 Sasol Italy SpA Italy Trading and transportation of oil products, petrochemicals and chemical products and derivatives 100 100 Sasol Mining (Pty) Ltd South Africa Coal mining activities 90 90 Sasol Canada Holdings Limited 2 Canada Exploration, development, production, marketing and distribution of natural oil and gas and associated products in Canada 100 100 Sasol Chemicals (USA) LLC United States of America Production, marketing and distribution of chemical products 100 100 Sasol Financing USA LLC United States of America Management of cash resources, investment and procurement of loans (for our North American operations) 100 100 1 Through contractual arrangements Sasol exercises control over the relevant activities of Rompco. The Group has classified the assets and liabilities of Rompco as held for sale at 30 June 2020. Refer to note 12. 2 The Group has classified the assets and liabilities of Sasol Canada Holdings Limited as held for sale at 30 June 2021. Refer to note 12.

Inventories (Tables)

Inventories (Tables)	12 Months Ended
Inventories (Tables)	Jun. 30, 2021
Inventories
Schedule of inventories	2021 2020 for the year ended 30 June Rm Rm Carrying value Crude oil and other raw materials 4 269 3 513 Process material 1 834 1 868 Maintenance materials 5 585 6 376 Work in progress 2 560 2 108 Manufactured products 15 315 13 681 Consignment inventory 179 255 29 742 27 801

Trade and other receivables (Ta

Trade and other receivables (Tables)	12 Months Ended
Trade and other receivables (Tables)	Jun. 30, 2021
Trade and other receivables
Schedule of trade and other receivables	2021 2020 for the year ended 30 June Rm Rm Trade receivables 23 692 18 247 Other receivables 3 786 4 310 Related party receivables — equity accounted investments 255 215 Impairment of trade and other receivables (515) (706) Trade and other receivables 27 218 22 066 Duties recoverable from customers 263 366 Prepaid expenses and other 1 860 1 605 Value added tax 1 592 1 060 30 933 25 097

Trade and other payables (Table

Trade and other payables (Tables)	12 Months Ended
Trade and other payables (Tables)	Jun. 30, 2021
Trade and other payables.
Schedule of trade and other payables	2021 2020 for the year ended 30 June Rm Rm Trade payables 17 197 13 535 Capital project related payables* 960 3 516 Accrued expenses 4 323 3 837 Related party payables 157 276 third parties 155 88 equity accounted investments 2 188 Trade payables 22 637 21 164 Other payables** 9 074 7 188 Duties payable to revenue authorities 4 785 7 086 Value added tax 174 319 36 670 35 757 * Decrease as a result of reduced activity on the LCCP project as units reach beneficial operation. ** Other payables include employee-related payables.

(Increase)_decrease in workin_2

(Increase)/decrease in working capital (Tables)	12 Months Ended
(Increase)/decrease in working capital (Tables)	Jun. 30, 2021
(Increase)/decrease in working capital
Schedule of (Increase)/decrease in working capital	2021 2020 2019 Rm Rm Rm (Increase)/decrease in inventories (4 872) 3 397 (829) (Increase)/decrease in trade receivables (7 198) 6 431 37 Increase/(decrease) in trade payables 4 916 (3 990) 3 202 (Increase)/decrease in working capital (7 154) 5 838 2 410

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	12 Months Ended
Cash and cash equivalents (Tables)	Jun. 30, 2021
Cash and cash equivalents.
Summary of cash and cash equivalents	2021 2020 for the year ended 30 June Rm Rm Cash and cash equivalents 31 231 34 739 Bank overdraft (243) (645) Per the statement of cash flows 30 988 34 094 Cash by currency Rand 14 994 14 281 Euro 2 159 2 602 US dollar 12 787 15 520 Other currencies 1 048 1 691 30 988 34 094

Cash generated by operating a_2

Cash generated by operating activities (Tables)	12 Months Ended
Cash generated by operating activities (Tables)	Jun. 30, 2021
Cash generated by operating activities
Schedule of cash generated by operating activities	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Cash flow from operations 31 52 268 36 546 48 988 (Increase)/decrease in working capital 28 (7 154) 5 838 2 410 45 114 42 384 51 398

Cash flow from operations (Tabl

Cash flow from operations (Tables)	12 Months Ended
Cash flow from operations (Tables)	Jun. 30, 2021
Cash flow from operations
Schedule of cash flow from operations	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Earnings/(loss) before interest and tax (EBIT) 16 619 (111 926) 8 434 Adjusted for share of (profits)/losses of equity accounted investments 22 (814) 347 (1 074) equity-settled share-based payment 36 1 927 1 946 1 659 depreciation and amortisation 17 644 22 327 17 814 effect of remeasurement items 10 23 218 111 978 20 062 movement in long-term provisions income statement charge 33 (3) (2 208) 430 utilisation 33 (388) (734) (1 099) movement in short-term provisions 2 839 39 (3) movement in post-retirement benefits 880 733 635 translation effects (5 047) 6 098 (199) write-down of inventories to net realisable value 83 384 371 movement in financial assets and liabilities (4 225) 3 990 864 movement in other receivables and payables (240) 3 057 601 other non-cash movements (225) 515 493 52 268 36 546 48 988

Dividends paid (Tables)

Dividends paid (Tables)	12 Months Ended
Dividends paid (Tables)	Jun. 30, 2021
Dividends paid
Schedule of dividends paid	2021 2020 2019 for the year ended 30 June Rm Rm Rm Final dividend — prior year 16 10 6 269 Interim dividend — current year 30 21 3 683 46 31 9 952

Long-term provisions (Tables)

Long-term provisions (Tables)	12 Months Ended
Long-term provisions (Tables)	Jun. 30, 2021
Long-term provisions
Schedule of changes in long-term provisions	Share- Environ- based mental payments Other Total for the year ended 30 June Rm Rm Rm Rm Balance at beginning of year 21 790 51 1 064 22 905 Capitalised to property, plant and equipment* (2 425) — — (2 425) Reduction in rehabilitation provision capitalised 77 — — 77 Transfer to held for sale liabilities ** (1 310) — — (1 310) Per the income statement (293) (22) 312 (3) additional provisions and changes to existing provisions 412 (22) 313 703 reversal of unutilised amounts (31) — (1) (32) effect of change in discount rate (674) — — (674) Notional interest 664 — 4 668 Utilised during year (cash flow) (271) — (117) (388) Foreign exchange differences recognised in income statement (1 495) 1 (18) (1 512) Translation of foreign operations (541) (1) (109) (651) Balance at end of year 16 196 29 1 136 17 361 * Decrease in rehabilitation provision capitalised in 2021 relates to a reassessment of the provision based on discount rates and cost estimates. ** Relates to rehabilitation provisions of the Canadian shale gas assets classified as held for sale, refer note 12 and the Gabon oil producing assets that were disposed of during the year.
Schedule of expected timing of future cash flows for provisions	2021 2020 for the year ended 30 June Note Rm Rm Expected timing of future cash flows Within one year 1 197 1 048 One to five years 5 287 5 324 More than five years 10 877 16 533 17 361 22 905 Short-term portion 34 (1 197) (1 048) Long-term provisions 16 164 21 857 Estimated undiscounted obligation* 92 109 96 033 *
Summary of risk-free rates used to discount the estimated cash flows related to provisions	2021 2020 for the year ended 30 June % % South Africa 4,2 to 10,3 3,6 to 9,4 Europe 0,0 to 0,5 — United States of America 0,2 to 1,8 0,2 to 0,9 Canada 0,5 to 2,3 0,5 to 1,4
Schedule of effect on provisions from changes in the discount rate	2021 2020 for the year ended 30 June Rm Rm A 1% point change in the discount rate would have the following effect on the long-term provisions recognised Increase in the discount rate (4 352) (3 836) amount capitalised to property, plant and equipment (1 250) (2 767) income recognised in income statement (3 102) (1 069) Decrease in the discount rate 5 266 4 297 amount capitalised to property, plant and equipment 1 787 3 115 expense recognised in income statement 3 479 1 182

Short-term provisions (Tables)

Short-term provisions (Tables)	12 Months Ended
Short-term provisions (Tables)	Jun. 30, 2021
Short-term provisions
Schedule of short-term provisions	2021 2020 for the year ended 30 June Note Rm Rm Other provisions * 3 370 649 Short-term portion of long-term provisions 33 1 197 1 048 post-retirement benefit obligations 35 497 505 5 064 2 202

Post-retirement benefit oblig_2

Post-retirement benefit obligations (Tables)	12 Months Ended
Post-retirement benefit obligations (Tables)	Jun. 30, 2021
Post-retirement benefit obligations
Schedule of post-retirement benefit obligations	Non-current Current Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Note Rm Rm Rm Rm Rm Rm Post-retirement healthcare obligations 35.1 South Africa 3 238 2 778 218 214 3 456 2 992 United States of America 236 359 21 26 257 385 3 474 3 137 239 240 3 713 3 377 Pension obligations 35.2 Foreign — post-retirement benefit obligation 9 823 11 554 258 265 10 081 11 819 Total post-retirement benefit obligations 13 297 14 691 497 505 13 794 15 196 Pension assets 35.2 South Africa — post-retirement benefit asset (46) (467) — — (46) (467) Foreign — post-retirement benefit asset (545) — — — (545) — Total post-retirement benefit assets (591) (467) — — (591) (467) Net pension obligations 9 232 11 087 258 265 9 490 11 352
Schedule of loss/(gain) on post-retirement benefit obligations	Loss/(gain) recognised in the income Loss/(gain) recognised in other statement comprehensive income 2021 2020 2019 2021 2020 2019 for the year ended 30 June Note Rm Rm Rm Rm Rm Rm Post-retirement benefit obligations Post-retirement healthcare obligations 35,1 407 467 485 201 (1 040) (460) Pension benefits - projected benefit obligation 35,2 7 248 7 073 6 371 5 715 (6 921) 1 360 Pension benefits - plan asset of funded obligation 35,2 (5 758) (5 238) (4 815) (7 419) 7 507 (514) Net movement on asset limitation and reimbursive right — — — 669 601 145 1 897 2 302 2 041 (834) 147 531
Schedule of actuarial valuations	Healthcare benefits Pension benefits Last actuarial valuation — South Africa 31 March 2021 31 March 2021 Last actuarial valuation — United States of America 30 June 2021 30 June 2021 Last actuarial valuation — Europe n/a 1 April 2021 Full/interim valuation Full Full Valuation method adopted Projected unit credit Projected unit credit
Schedule of actuarial assumptions	United States of South Africa America Europe 2021 2020 2021 2020 2021 2020 at valuation date % % % % % % Healthcare cost inflation 7,5 7,5 n/a * n/a * n/a n/a Discount rate — post- retirement medical benefits 11,6 13,3 2,7 2,3 n/a n/a Discount rate — pension benefits 11,1 12,2 2,0 2,2 1,2 1,4 Pension increase assumption 5,2 6,1 n/a n/a 1,8 1,8 Average salary increases 5,5 5,5 4,2 4,2 2,8 2,8 Weighted average duration of the obligation — post- retirement medical obligation 13 years 14 years 12 years 11 years n/a n/a Weighted average duration of the obligation — pension obligation 12 years 12 years 7 years *** 14 years 18 years 18 years Assumptions regarding future mortality are based on published statistics and mortality tables. * The healthcare cost inflation rate in respect of the plans for the United States of America is capped. All additional future increases due to the healthcare cost inflation will be borne by the participants. There are no automatic pension increases for the United States of America pension plan. * The decrease in 2021 is as a result of the large number of employees transferring to the Louisiana Integrated Polyethylene Joint Venture. Refer to note 23.
Healthcare
Post-retirement benefit obligations
Reconciliation of obligation recognised	South Africa United States of America Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Total post-retirement healthcare obligation at beginning of year 2 992 3 825 385 268 3 377 4 093 Movements recognised in the income statement: 413 440 (6) 27 407 467 current service cost 26 45 18 18 44 63 interest cost 387 395 7 9 394 404 curtailments and settlements — — (31) — (31) — Actuarial (gains)/losses recognised in other comprehensive income: 237 (1 085) (36) 45 201 (1 040) arising from changes in financial assumptions 539 (1 026) (12) 44 527 (982) arising from changes in demographic assumptions — — — (3) — (3) arising from changes in actuarial experience (302) (59) (24) 4 (326) (55) Benefits paid (186) (180) (23) (22) (209) (202) Transfer to disposal groups held for sale — (8) — — — (8) Translation of foreign operations — — (63) 67 (63) 67 Total post-retirement healthcare obligation at end of year 3 456 2 992 257 385 3 713 3 377
Schedule of sensitivity analysis for actuarial assumptions	South Africa United States of America 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm 1% point change in actuarial assumptions: Increase in the healthcare cost inflation 411 325 — * — * Decrease in the healthcare cost inflation (344) (280) — * — * Increase in the discount rate (329) (264) (25) (38) Decrease in the discount rate 399 310 34 47 * A change in the healthcare cost inflation for the United States of America will not have an effect on the above components or the obligation as the employer’s cost is capped and all future increases due to the healthcare cost inflation are borne by the participants. There are no automatic pension increases for the United States pension plan.
Pension
Post-retirement benefit obligations
Reconciliation of obligation recognised	South Africa Foreign Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Projected benefit obligation at beginning of year 47 228 51 241 16 321 12 565 63 549 63 806 Movements recognised in income statement: 6 571 6 218 677 855 7 248 7 073 current service cost 923 1 150 579 572 1 502 1 722 past service cost — — — 39 — 39 curtailments and settlements — — (129) — (129) — interest cost 5 648 5 068 227 244 5 875 5 312 Actuarial (gains)/losses recognised in other comprehensive income: 6 093 (7 938) (378) 1 017 5 715 (6 921) arising from changes in demographic assumptions — — (1) 16 (1) 16 arising from changes in financial assumptions 303 (1 105) (452) 742 (149) (363) arising from change in actuarial experience 5 790 (6 833) 75 259 5 865 (6 574) Member contributions 503 504 — — 503 504 Benefits paid (3 341) (2 797) (1 070) (988) (4 411) (3 785) Transferred to held for sale assets — — — — — — Translation of foreign operations — — (2 282) 2 872 (2 282) 2 872 Projected benefit obligation at end of year 57 054 47 228 13 268 16 321 70 322 63 549 unfunded obligation* — — 10 028 11 564 10 028 11 564 funded obligation 57 054 47 228 3 240 4 757 60 294 51 985 * Certain of the foreign defined benefit plans have reimbursement rights under contractually agreed legal binding terms that match the amount and timing of some of the benefits payable under the plan. This reimbursive right has been recognised in long-term receivables at fair value of R218 million (2020 – R270 million). A decrease of R22 million (2020 – increase of R2 million) has been recognised as a loss in other comprehensive income in respect of the reimbursive right.
Schedule of sensitivity analysis for actuarial assumptions	South Africa Foreign 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm 1% point change in actuarial assumptions Increase in average salaries increase assumption 9 9 470 676 Decrease in average salaries increase assumption (8) (9) (446) (479) Increase in the discount rate (1 474) (1 425) (1 833) (2 269) Decrease in the discount rate 1 748 3 237 2 360 3 133 Increase in the pension increase assumption 1 821 3 309 1 353 * 1 446 * Decrease in the pension increase assumption (1 566) (1 491) (1 102) * (1 179) * * This sensitivity analysis relates only to the Europe obligations as there are no automatic pension increases for the United States of America pension plan, and thus it is not one of the inputs utilised in calculating the obligation.
Schedule of allocation of plan assets	South Africa United States of America 2021 2020 2021 2020 at 30 June % % % % Equities 54 47 30 35 resources 7 5 4 5 industrials 2 2 3 4 consumer discretionary 11 9 4 4 consumer staples 9 9 2 2 healthcare 5 5 4 5 information technologies 6 6 6 7 telecommunications 4 3 2 3 financials (ex real estate) 10 8 5 5 Fixed interest 16 17 50 49 Direct property 11 15 6 6 Listed property 2 2 — — Cash and cash equivalents 4 7 — — Third party managed assets 12 12 — — Other 1 — 14 10 Total 100 100 100 100 South Africa¹ United States of America Minimum Maximum Minimum Maximum Asset classes % % % % Equities local 30 45 — 100 foreign 15 30 — 100 Fixed interest 5 25 — 100 Property 10 25 — 100 Other — 15 — 100 1 Members of the defined contribution scheme have a choice of four investment portfolios. The targeted allocation disclosed represents the moderate balanced investment portfolio which the majority of the members of the scheme have adopted. The total assets of the fund under these investment portfolios are R 272 million, R 58 010 million, R 1 027 million and R 2 040 million for the low risk portfolio, moderate balanced portfolio, aggressive balanced portfolio and money market portfolio, respectively. Defined benefit members’ funds are invested in the moderate balanced portfolio. The money market portfolio is restricted to active members from age 55 .
Schedule of net defined benefit liability (asset)	South Africa Foreign Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Projected benefit obligation (funded) 57 054 47 228 3 240 4 757 60 294 51 985 defined benefit portion 25 119 20 860 3 240 4 757 28 359 25 617 defined benefit option for defined contribution members 31 935 26 368 — — 31 935 26 368 Plan assets (60 671) (50 618) (3 732) (4 502) (64 403) (55 120) defined benefit portion (28 736) (23 020) (3 732) (4 502) (32 468) (27 522) defined benefit option for defined contribution members (31 935) (27 598) — — (31 935) (27 598) Projected benefit obligation (unfunded) — — 10 028 11 564 10 028 11 564 Asset not recognised due to asset limitation 3 571 2 923 — — 3 571 2 923 Net liability/(asset) recognised (46) (467) 9 536 11 819 9 490 11 352
Schedule of reconciliation of plan assets of funded obligation	South Africa Foreign Total 2021 2020 2021 2020 2021 2020 for the year ended 30 June Rm Rm Rm Rm Rm Rm Fair value of plan assets at beginning of year 50 618 54 115 4 502 4 270 55 120 58 385 Movements recognised in income statement: 5 678 5 120 80 118 5 758 5 238 interest income 6 035 5 352 80 118 6 115 5 470 interest on asset limitation (357) (232) — — (357) (232) Actuarial gains/(losses) recognised in other comprehensive income: 6 660 (7 481) 759 (26) 7 419 (7 507) arising from return on plan assets 6 660 (7 481) 759 (26) 7 419 (7 507) (excluding interest income) Plan participant contributions* 503 504 — — 503 504 Employer contributions* 553 1 157 53 20 606 1 177 Benefit payments (3 341) (2 797) (869) (795) (4 210) (3 592) Translation of foreign operations — — (793) 915 (793) 915 Fair value of plan assets at end of year 60 671 50 618 3 732 4 502 64 403 55 120 Actual return on plan assets 12 338 (2 361) 839 93 13 177 (2 268) 35 Post-retirement benefit obligations continued 35.2 Pension benefits Continued * Contributions, for the defined contribution section, are paid by the members and Sasol at fixed rates.
Schedule of contributions to plans	South Africa Foreign Rm Rm Pension contributions 527 247

Share-based payment reserve (Ta

Share-based payment reserve (Tables)	12 Months Ended
Share-based payment reserve (Tables)	Jun. 30, 2021
Share-based payment transaction
Schedule of share-based payment expense	2021 2020 2019 for the year ended 30 June Note Rm Rm Rm During the year, the following share-based payment expense was recognised in the income statement relating to the equity-settled share-based payment schemes: Sasol Khanyisa Employee Share Ownership Plan(ESOP) 36,1 885 1 068 952 Tier 1 — Eligible Inzalo participants 567 642 628 Tier 2 — Qualifying employees 318 426 324 Long-term incentives 36,2 1 042 878 707 Equity-settled — recognised directly in equity 1 927 1 946 1 659
Sasol Khanyisa share transaction
Share-based payment transaction
Schedule of the average fair value of instruments granted	Tier 2 2 Tier 1 1 Tier 1 1 Khanyisa SOL shares SOLBE shares shares for the year ended 30 June 2021 2021 2021 Grant date Date 1 June 2018 1 June 2018 25 May 2018 Khanyisa Class of shares SOL shares SOLBE1 shares shares Shares Number 2 082 520 2 396 048 27 136 679 Weighted average fair value on grant date Rand 481,50 370,00 64,53 IFRS expense recognised for the year Rm 304 263 318 1 The Tier 1 options vested on 1 June 2021. 2 The Tier 2 options have a staggered vesting period with portions vesting from 3 years , and then each year until the end of the transaction term, being 10 years . The outstanding options at 30 June 2021 have a weighted average remaining vesting period of 2,6 years. The weighted average fair value price is derived from the Monte-Carlo option pricing model. The estimated strike price value for Tier 2 is R 290,52 and represents the remaining vendor funding per share at 30 June 2021.
Long Term Incentive Equity Settled
Share-based payment transaction
Schedule of the assumptions used to calculate the average fair value of options granted	Average fair value of incentives granted 2021 2020 Model Monte-Carlo Monte-Carlo Risk-free interest rate — Rand (%) 3,99 – 5,90 6,07 – 7,04 Risk-free interest rate — US$ (%) 0,17 – 0,28 0,39 – 0,81 Expected volatility (%) 98,34 45,28 Expected dividend yield (%) 3,49 4,34 Expected forfeiture rate (%) 5 5 Vesting period — top management 3 / 5 years 3/5 years Vesting period — all other participants 3 years 3 years
Schedule of movements in the number of incentives outstanding	Weighted average Number of fair value Movements in the number of incentives outstanding incentives Rand Balance at 30 June 2019 6 619 597 422,20 LTIs granted 6 424 377 275,61 LTIs exercised (1 380 689) 368,28 Effect of CPTs and LTIs forfeited (754 973) 378,19 Balance at 30 June 2020* 10 908 312 345,74 LTIs granted 5 957 275 146,58 LTIs exercised (1 940 848) 352,18 Effect of CPTs and LTIs forfeited (1 452 069) 345,14 Balance at 30 June 2021* 13 472 670 256,68 * The incentives outstanding as at 30 June 2021 have a weighted average remaining vesting period of 1,9
Schedule of weighted average market price	2021 2020 for year ended 30 June Rand Rand Average weighted market price of LTIs vested 134,25 254,70

Related party transactions (Tab

Related party transactions (Tables)	12 Months Ended
Related party transactions (Tables)	Jun. 30, 2021
Related party transactions
Schedule of material related party transactions	2021 2020 2019 for the year ended 30 June Rm Rm Rm Sales and services rendered from subsidiaries to related parties Joint ventures 2 635 672 1 474 Purchases by subsidiaries from related parties Joint ventures 8 691 718 Associates 100 78 95 108 769 813
Schedule of key management remuneration	Retirement Other Annual Total Total Total Salary funding benefits incentives² 2021 2020 1 2019 1 R’000 R’000 R’000 R’000 R’000 R’000 R’000 Executive Directors 24 221 1 078 2 984 37 210 65 493 22 944 46 948 1 Total remuneration for the financial year excludes gains derived from the long-term incentive schemes which are separately disclosed. 2 Short-term incentives approved based on the Group results for the 2021 financial year and payable in the 2022 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2021 multiplied by the Group STI performance and the Individual Performance Factor. Gains on Long-term incentives previously awarded to the Executive Directors’ and former Executive Directors’ vested after the performance period ended 30 June 2021, are as follows: Long incentive Total Total Total vested 1 2021 2020 2019 R’000 R’000 R’000 R’000 Executive Directors 4 824 4 824 2 657 25 025 1 Long-term incentives for the 2021 financial year represent incentives approved on the group results for the performance period ended 30 June 2021, settled in the 2022 financial year. Remuneration and benefits paid and short-term incentives approved for the Prescribed Officers were as follows: Retirement Other Annual Total Total Total Salary funding benefits incentives 2 2021 1 2020 1 2019 1 R’000 R’000 R’000 R’000 R’000 R’000 R’000 Prescribed Officers 35 540 5 086 10 737 41 454 92 817 52 142 67 488 Number of Prescribed Officers 7 6 8 1 Total remuneration for the financial year excludes gains derived from the long-term incentive schemes which are separately disclosed. 2 Short-term incentives approved based on the Group results for the 2021 financial year and payable in the 2022 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2021 multiplied by the Group STI performance and the Individual Performance Factor. Gains on Long-term incentives previously awarded to the Prescribed Officers vested after the performance period ended 30 June 2021, are as follows: Long-term incentive rights Total Total Total vested 1 2021 2020 2019 R’000 R’000 R’000 R’000 Prescribed Officers 6 735 6 735 4 201 68 559 1 Long-term incentives for the 2021 financial year represent incentives approved on the group results for the performance period ended 30 June 2021, settled in the 2022 financial year. Gains on Long-term incentives previously awarded to the former Joint CEOs and Presidents and vested after the performance period ended 30 June 2021, are as follows: 38 Related party transactions continued Long-term incentive rights Total Total vested 1 2021 2020 R’000 R’000 R’000 Former Joint CEOs and Presidents 6 182 6 182 3 765 1 Long-term incentives for the 2021 financial year represent incentives approved on the group results for the performance period ended 30 June 2021, settled in the 2022 financial year. The total IFRS2 charge for LTI’s awarded to the Executive Directors and the Prescribed Officers in 2021 amounted to R26 million and R36 million. Non-executive Directors’ emoluments for the year was as follows: Ad Hoc Special Board Lead Board — meeting Director Committee Committee Total Total Total fees fees fees Meeting 2021 2020 2019 R’000 R’000 R’000 R’000 R’000 R’000 R’000 Non-executive Directors 24 996 707 6 878 959 33 540 39 743 32 455

Financial risk management and_2

Financial risk management and financial instruments (Tables)	12 Months Ended
	Jun. 30, 2021
Financial risk management and financial instruments
Financial instruments	The following table summarises the group’s classification of financial instruments. Carrying value Designated At fair value Designated at fair value through hedging through other profit and instrument comprehensive Amortised loss at fair value income cost Fair value Note Rm Rm Rm Rm 2021 Financial assets Investments in listed securities — — 466 — 466 Investments in unlisted securities — — 8 — 8 Other long-term investments — — — 1 422 1 422 Long-term receivables 21 — — — 3 879 3 879 Long- and short-term financial assets 2 323 — — — 2 323 Trade and other receivables** 26 — — — 27 218 27 218 * Cash and cash equivalents 29 — — — 31 231 31 231 * Financial liabilities Listed long-term debt (Bonds issued) + 17 — — — 68 405 72 226 Unlisted long-term debt + 17 — — — 34 238 34 274 Lease liabilities 18 — — — 15 677 — Short-term debt and bank overdraft — — — 303 303 * Long- and short-term financial liabilities 3 070 2 103 — — 5 173 Trade and other payables 27 — — — 22 637 22 637 * Carrying value Designated At fair value Designated at fair value through hedging through other profit and instrument Comprehensive Amortised loss at fair value income cost Fair value Note Rm Rm Rm Rm 2020 Financial assets Investments in listed securities — — 498 — 498 Investments in unlisted securities — — 13 — 13 Other long-term investments — — — 1 415 1 415 Long-term receivables 21 — — — 5 799 5 799 Long- and short-term financial assets 645 — — — 645 Trade and other receivables** 26 — — — 22 066 22 066 * Cash and cash equivalents 29 — — — 34 739 34 739 * Financial liabilities Listed long-term debt (Bonds issued) + 17 — — — 56 760 50 701 Unlisted long-term debt + 17 — — — 110 437 109 724 Lease liabilities 18 — — — 17 719 — Short-term debt and bank overdraft — — — 22 533 22 533 * Long- and short-term financial liabilities 5 748 4 143 — — 9 891 Trade and other payables 27 — — — 21 164 21 164 * * The fair value of these instruments approximates carrying value, due to their short-term nature. ** Trade and other receivables includes employee-related and insurance-related receivables. + Includes unamortised loan costs.
Schedule of expected credit losses recognised	12-month Lifetime ECL ECL No Significant significant increase in Simplified increase in credit risk approach credit risk Total since initial for trade Credit- Total lifetime since initial expected recognition receivables impaired ECL recognition credit loss Rm Rm Rm Rm Rm Rm 2021 Long-term receivables 50 — 41 91 — 91 Trade receivables — 9 192 201 — 201 Other receivables 7 — 275 282 32 314 57 9 508 574 32 606 12-month Lifetime ECL ECL No Significant significant increase in Simplified increase in credit risk approach credit risk Total since initial for trade Credit- Total lifetime since initial expected recognition receivables impaired ECL recognition credit loss Rm Rm Rm Rm Rm Rm 2020 Long-term receivables 349 — 47 396 46 442 Trade receivables — 64 299 363 — 363 Other receivables 12 — 330 342 1 343 361 64 676 1 101 47 1 148
Schedule of credit risk profile of financial assets at amortised cost	2021 2020 CCC+ and – CCC+ and – AAA to A- BBB to B- below AAA to A- BBB to B- below % % % % % % Long-term receivables 58 39 3 40 20 40 Trade receivables 72 25 3 69 26 5 Other receivables 68 27 5 72 10 18 Cash and cash equivalents* 21 79 — 19 78 3
Maturity profile of the undiscounted cash flows of derivative and non-derivative financial instruments	The maturity profile of the undiscounted contractual cash flows of financial instruments at 30 June were as follows: Contractual Within one One to Three to More than cash flows* year three years five years five years Note Rm Rm Rm Rm Rm 2021 Financial assets Non-derivative instruments Long-term receivables 21 3 970 — 1 098 908 1 964 Trade and other receivables 26 27 218 27 218 — — — Cash and cash equivalents (excluding restricted cash) 29 27 559 27 559 — — — Investments through other comprehensive income 474 474 — — — Other long-term investments 1 422 — — — 1 422 60 643 55 251 1 098 908 3 386 Derivative instruments Foreign exchange contracts 8 169 8 169 — — — Crude oil put options 46 46 — — — Foreign exchange zero cost collars 1 150 1 150 — — — Ethane swap options 156 156 — — — Other commodity derivatives 9 9 — — — Other currency derivatives 1 727 107 231 241 1 148 71 900 64 888 1 329 1 149 4 534 Financial liabilities Non-derivative instruments Long-term debt 17 (119 921) (8 997) (66 190) (6 698) (38 036) Lease liabilities 18 (31 679) (2 997) (5 067) (4 226) (19 389) Short-term debt 17 (60) (60) — — — Trade and other payables 27 (22 637) (22 637) — — — Bank overdraft 29 (243) (243) — — — Financial guarantees** (313) (313) — — — (174 853) (35 247) (71 257) (10 924) (57 425) Derivative instruments Foreign exchange contracts (8 134) (8 134) — — — Interest rate swap options (2 234) (668) (960) (513) (93) Crude oil put options (46) (46) — — — Crude oil zero cost collar (1 126) (1 126) — — — Crude oil swap options (1 175) (1 175) — — — Crude oil futures (20) (20) — — — Other currency derivatives (5 422) — — — (5 422) Other commodity derivatives (49) (49) — — — (193 059) (46 465) (72 217) (11 437) (62 940) * Contractual cash flows include interest payments. ** Issued financial guarantees contracts are all repayable on default, however the likelihood of default is considered remote. The shortfall beyond one year will be funded through cash generated from operations, proceeds from the accelerated asset divestment programme, utilisation of available facilities and the refinancing of existing debt. 40.1 Financial risk management continued Contractual Within one One to Three to More than cash flows* year three years five years five years Note Rm Rm Rm Rm Rm 2020 Financial assets Non-derivative instruments Long-term receivables 21 5 799 — 2 191 1 064 2 544 Trade and other receivables 26 22 090 22 090 — — — Cash and cash equivalents (excluding restricted cash) 29 32 932 32 932 — — — Investments through other comprehensive income 511 511 — — — Other long-term investments 1 415 1 415 — — — 62 747 56 948 2 191 1 064 2 544 Derivative instruments Foreign exchange contracts 9 185 9 185 — — — Crude oil put options 113 113 — — — Ethane swap options 104 104 — — — Other commodity derivatives 11 11 — — — 72 160 66 361 2 191 1 064 2 544 Financial liabilities Non-derivative instruments Long-term debt* 17 (188 940) (24 213) (38 748) (109 111) (16 868) Lease liabilities 18 (38 187) (3 051) (5 120) (4 199) (25 817) Short-term debt 17 (21 888) (21 888) — — — Trade and other payables 27 (21 164) (21 164) — — — Bank overdraft 29 (645) (645) — — — Financial guarantees (913) (913) — — — (271 737) (71 874) (43 868) (113 310) (42 685) Derivative instruments Foreign exchange contracts (8 770) (8 770) — — — Interest rate swap options (4 143) (780) (1 466) (1 165) (732) Foreign exchange zero cost collars (2 861) (2 861) — — — Crude oil zero cost collar (174) (174) — — — Ethane swap options (230) (230) — — — Crude oil futures (66) (66) — — — Other currency derivatives (10 990) (45) (74) (63) (10 808) Other commodity derivatives (103) (103) — — — (299 074) (84 903) (45 408) (114 538) (54 225) * Contractual cash flows include interest payments. Issued financial guarantees contracts are all repayable on default, however the likelihood of default is considered remote. * Of the amounts due in one to five years, R126 billion relates to the repayment of the bonds, the revolving credit facility and the term loan.
Schedule of foreign exchange rates	Average rate Closing rate 2021 2020 2021 2020 Rand Rand Rand Rand Rand/Euro 18,38 17,34 16,93 19,46 Rand/US dollar 15,40 15,69 14,28 17,33
Summary of interest rate profile of interest-bearing financial instruments including the effect of the interest rate swap	Carrying value 2021 2020 Rm Rm Variable rate instruments Financial assets 30 062 36 140 Financial liabilities (7 898) (97 531) 22 164 (61 391) Fixed rate instruments Financial assets 1 788 525 Financial liabilities (110 803) (109 919) (109 015) (109 394) Interest profile (variable: fixed rate as a percentage of total financial assets) 94 : 6 99:1 Interest profile (variable: fixed rate as a percentage of total financial liabilities) 7 : 93 47:53
Schedule of derivative transactions	Financial Financial Financial Financial asset liability asset liability Income statement gain/(loss) 2021 2021 2020 2020 2021 2020 2019 Rm Rm Rm Rm Rm Rm Rm Derivative financial instruments Interest rate swap options — (2 103) — (4 143) (37) (101) (1 475) Crude oil put options 46 (46) 113 — (1 545) (153) (498) Crude oil zero cost collars — (1 126) — (174) (1 871) (157) — Crude oil swap options — (1 175) — — (1 267) (160) — Crude oil futures — (20) — (66) (774) 538 265 Ethane swap options 156 — 104 (230) 680 (732) (462) Coal swap options — — — — — — 91 Other commodity derivatives 9 (49) 11 (103) — — — Foreign exchange contracts 75 (40) 417 (1) 1 011 (372) (794) Foreign exchange zero cost collars 1 150 — — (2 861) 4 027 (4 298) 323 Other foreign exchange derivatives* 887 (514) — (2 183) 2 058 (1 562) 85 2 323 (5 073) 645 (9 761) 2 282 (6 997) (2 465) Non-derivative financial instruments Financial guarantees — (100) — (130) 2 323 (5 173) 645 (9 891) * Mainly relates to a US dollar derivative that is embedded in long-term oxygen supply contracts to our Secunda Operations. Contract/Notional amount* Average price Open Settled Open Settled Floor Cap Floor Cap 2021 2021 2020 2020 2021 2021 2020 2020 Million Million Million Million Derivatives financial instruments Crude oil put options purchased* barrels 10,0 (32,5) 5,5 1,0 US$/bbl 40,5 — 34,5 — Crude oil put options sold**** barrels (10,0) — — — US$/bbl 43,2 — — — Crude oil zero cost collars barrels 24,0 5,1 3,1 — US$/bbl 60,1 72,0 31,8 39,9 Crude oil swap options barrels 18,0 — — 5,0 US$/bbl 67,2 — — — Crude oil futures US$ 108 — 36 — — — — — Ethane swap options barrels 4,0 26,2 21,5 17,4 US$ c/gal 23,2 — 19,8 — Foreign exchange contracts US$ 262 — 481 — — — — Foreign exchange zero cost collars US$ 2 800 5 370 5 370 4 725 R/US$ 14,54 17,52 14,80 17,77 * The notional amount is the sum of the absolute value of all contracts for both derivative assets and liabilities. For open positions, * Total premium paid for contracts entered into in the year US$93,8 million (2020: US$17,4). **** Oil put hedges of 23,5 million barrels for financial year 2022 have been restructured and replaced by a zero cost collar hedging structure. Put options for 13,5 million barrels have been terminated while put options for 10,0 million barrels have been sold.
Schedule of assets and liabilities measured at fair value	Fair value Fair value Fair value 30 June 30 June hierarchy Financial instrument 2021 2020 Valuation method Significant inputs of inputs Financial assets Non-derivative instruments Investments in listed securities 466 498 Quoted market price for the same instrument Quoted market price for the same instrument Level 1 Investments in unlisted securities 8 13 Discounted cash flow Forecasted earnings, capital expenditure and debt cash flows of the underlying business, based on the forecasted assumptions of inflation, exchange rates, commodity prices etc. Appropriate WACC for the region. Level 3 Other long-term investments — 25 Discounted cash flow Market related interest rates. Level 3 Other long-term investments 1 422 1 390 2 2 Level 1 2 Long-term receivables 3 879 5 799 Discounted cash flow Market related interest rates. Level 3 Derivative instruments Commodity and currency 1 436 645 Forward rate interpolator model, appropriate currency specific discount curve, discounted expected cash flows, numerical approximation Forward exchange contracted rates, market foreign exchange rates, forward contract rates, market commodity prices, coal prices, crude oil prices Level 2 Embedded derivative 3,4 887 — Forward rate interpolator model, , discounted expected cash flows, numerical approximation, as appropriate US PPI index, US labour index, US Dollar and ZAR treasury curves, Rand zero swap discount rate Level 3 Trade and other receivables 27 218 22 066 Discounted cash flow Market related interest rates. Level 3 1 Cash and cash equivalents 31 231 34 739 2 2 Level 1 2 Financial liabilities Non-derivative instruments Listed long-term debt 72 226 50 701 Quoted market price for the same instrument Quoted market price for the same instrument Level 1 Unlisted long-term debt 34 274 109 724 Discounted cash flow Market related interest rates Level 3 Short-term debt and bank overdraft 303 22 533 Discounted cash flow Market related interest rates Level 3 1 Trade and other payables 22 637 21 164 Discounted cash flow Market related interest rates Level 3 1 Derivative instruments Commodity and currency 2 456 3 435 Forward rate interpolator model, discounted expected cash flows, numerical approximation Forward exchange contracted rates, coal prices, market foreign exchange rates Level 2 Interest rate swap 2 103 4 143 Discounted net cash flows, US$ Overnight Indexed Swap (OIS) curve, recovery probabilities Level 2 Embedded derivative 3 514 2 168 Forward rate interpolator model, discounted expected cash flows, numerical approximation, as appropriate US PPI, US labour index, US Dollar and ZAR treasury curves, Rand zero swap discount rate Level 3 1 2 3
Sensitivity analysis of derivative transactions	US$ Libor Volatility Ethane price Crude oil price Rand/US$* curve** +USD 2 -USD 2 +USD 2 / -USD 2 / 30 June 2021 +2% -2% c/gal c/gal bbl bbl +R 1 /US$ -R 1 /US$* -0,5% Crude oil swap options Rm — — — — (385) 385 — — — Ethane swap options Rm — — 14 (14) — — — — — Foreign exchange zero cost collars Rm 86 (86) — — — — (1 702) 1 702 — Crude oil zero-cost collar Rm (29) 29 — — (382) 382 — — — Interest rate swap Rm — — — — — — — — 559 US$ Libor Volatility Ethane price Crude oil price Rand/US$* curve** +USD 2 -USD 2 +USD 2/ -USD 2/ 30 June 2020 +2% -2% c/gal c/gal bbl bbl +R1/US$ -R 1/US$ -0,5% Crude oil put options Rm — — — — (45) 55 — — — Ethane swap options Rm — — 329 (329) — — — — — Foreign exchange zero cost collars Rm (196) 209 — — — — (2 504) 2 172 — Crude oil zero-cost collar Rm (12) 14 — — (81) 72 — — — Interest rate swap Rm — — — — — — — — 811 * A weakening of the Rand/US$ spot exchange rate of R3,24 will likely result in the spot price falling within the corridor of the cap and floor rates of the zero-cost collars. No gain or loss will be made if these derivatives are settled at a spot price between the cap and floor. The exchange rate would have to weaken by at least R3,24/US$, up to the cap of R17,52, before losses are incurred on the derivatives. ** Sensitivities on the downward shift has been limited by the low US$ Libor at 30 June 2021. US$/Rand Spot price US$ Swap curve Rand Swap curve 30 June 2021 +R 1 /US$ -R 1 /US$ +0,1% -0,1% +1,0% -1,0% Oxygen supply contract embedded derivative Rm (601) 601 98 (99) (825) 955 40 40.2 Fair value US$/Rand Spot price US$ Swap curve Rand Swap curve 30 June 2020 +R1/US$ -R1/US% +0,1% -0,1% +1,0% -1,0% Oxygen supply contract embedded derivative Rm (506) 506 117 (120) (724) 860
Foreign currency risk
Financial risk management and financial instruments
Schedules of information related to foreign currency risk and commodity price risk	2021 2020 Euro US dollar Euro US dollar Rm Rm Rm Rm Long-term receivables — 323 — 427 Trade and other receivables 831 2 265 394 3 218 Cash and cash equivalents 1 895 1 121 1 476 964 Net exposure on assets 2 726 3 709 1 870 4 609 Long-term debt (including lease liabilities) — — (119) (718) Trade and other payables (296) (1 523) (268) (1 674) Net exposure on liabilities (296) (1 523) (387) (2 392) Exposure on external balances 2 430 2 186 1 483 2 217 Net exposure on balances between group companies* (2 559) (8 064) (2 046) (31 894) Total net exposure (129) (5 878) (563) (29 677) * The US$ decrease results from the repayment of the loan provided by Sasol Investment Company to Sasol Financing International for the partial funding of the LCCP.
Schedule of sensitivity analysis	2021 2020 Euro US Dollar Euro US Dollar Rm Rm Rm Rm Equity (13) (511) (56) (2 968) Income statement (13) (511) (56) (2 968)
Interest rate risk
Financial risk management and financial instruments
Schedule of sensitivity analysis	Income statement — 1% increase United States South Africa Europe* of America* Other Rm Rm Rm Rm 30 June 2021 166 19 25 12 30 June 2020 110 15 (761) 21 * A decrease of 1% in interest rates for the United States of America and Europe will not have an effect on the income statement as it is not considered reasonably possible that the repo interest rates will decrease below
Schedule of information about cash flow hedges	North America 2021 2020 Carrying value included in short and long-term financial liabilities Rm 2 103 4 058 Fair value (gain)/loss recognised in other comprehensive income Rm (1 072) 2 192 Fair value loss recognised in other operating expenses Rm 89 4 Balance of hedge reserve – continuing hedge relationships Rm (801) (1 771) Balance of hedge reserve – discontinued hedge relationships* Rm (106) — Nominal amount Rm 1 751 1 854 Expiry December 2026 December 2026 Average fixed rate % 2,82 2,82 Hedge ratio 1 :1 1:1 Change in continuing hedging instrument fair value used as the basis for recognising hedge ineffectiveness - (gain)/loss US$m (32) 148 Change in hedged item fair value used as the basis for recognising hedge ineffectiveness - (gain)/loss US$m (38) 151 * The group traded a total of seven interest rate swaps on 25 July 2019 with various counterparty banks. During the year a novation of one of the interest rate swaps was concluded. All the terms and conditions of the novated interest rate swap remained the same as the original interest rate swap. Following the novation, the original hedge relationship was discontinued and the novated interest rate swap was designated as a hedging instrument in a new hedging relationship. The balance of the hedge reserve relating to the discontinued interest rate swap will be released to profit or loss over the original remaining term of the contract.
Commodity price risk - crude oil
Financial risk management and financial instruments
Schedules of information related to foreign currency risk and commodity price risk	Dated Brent Crude 2021 2020 US$ US$ High 76,44 69,96 Average 54,20 51,22 Low 36,21 13,24

Segment information - Segment i

Segment information - Segment information (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Income Statement
Turnover	R 201,910	R 190,367	R 203,576
Equity accounted profits, net of tax	814	(347)	1,074
Earnings/(loss) before interest and tax (EBIT)	16,619	(111,926)	8,434
Remeasurement items	23,218	111,978	20,062
Depreciation and amortisation	17,644	22,327	17,814
Statement of cash flows
Additions to non-current assets	15,948	35,164	55,800
Mining
Income Statement
Turnover	2,025	1,343	3,222
Equity accounted profits, net of tax	(3)	(2)
Earnings/(loss) before interest and tax (EBIT)	3,227	2,756	4,701
Remeasurement items	46	113	45
Depreciation and amortisation	2,223	2,080	1,805
Statement of cash flows
Additions to non-current assets	2,704	2,859	2,912
Gas
Income Statement
Turnover	7,321	8,350	8,316
Earnings/(loss) before interest and tax (EBIT)	6,656	5,527	3,948
Remeasurement items	(655)	(30)	1,977
Depreciation and amortisation	1,463	2,002	2,100
Statement of cash flows
Additions to non-current assets	711	1,539	1,165
Fuels
Income Statement
Turnover	59,393	60,816	76,985
Equity accounted profits, net of tax	742	(347)	908
Earnings/(loss) before interest and tax (EBIT)	(18,170)	(11,609)	10,769
Remeasurement items	23,196	11,990	447
Depreciation and amortisation	3,401	4,809	4,832
Statement of cash flows
Additions to non-current assets	3,549	5,232	7,415
Chemicals Africa
Income Statement
Turnover	58,260	51,600	52,607
Equity accounted profits, net of tax	83	21	37
Earnings/(loss) before interest and tax (EBIT)	6,957	(17,035)	3,474
Remeasurement items	7,889	24,122	3,928
Depreciation and amortisation	4,461	5,649	5,577
Statement of cash flows
Additions to non-current assets	5,508	6,845	8,748
Chemicals America
Income Statement
Turnover	29,358	28,721	21,419
Earnings/(loss) before interest and tax (EBIT)	8,116	(77,556)	(15,382)
Remeasurement items	(7,336)	73,166	13,765
Depreciation and amortisation	3,637	5,085	1,532
Statement of cash flows
Additions to non-current assets	1,152	15,654	31,866
Chemicals Eurasia
Income Statement
Turnover	45,539	39,537	40,967
Equity accounted profits, net of tax	1		147
Earnings/(loss) before interest and tax (EBIT)	4,680	(894)	3,100
Remeasurement items	(86)	2,387	(104)
Depreciation and amortisation	1,687	1,821	1,244
Statement of cash flows
Additions to non-current assets	1,796	2,158	2,841
Corporate Centre
Income Statement
Turnover	14		60
Equity accounted profits, net of tax	(9)	(19)	(18)
Earnings/(loss) before interest and tax (EBIT)	5,153	(13,115)	(2,176)
Remeasurement items	164	230	4
Depreciation and amortisation	772	881	724
Statement of cash flows
Additions to non-current assets	528	877	853
Operating segments
Income Statement
Turnover	229,364	218,001	229,907
Operating segments \| Mining
Income Statement
Turnover	21,704	19,891	20,876
Operating segments \| Gas
Income Statement
Turnover	10,990	12,419	12,665
Operating segments \| Fuels
Income Statement
Turnover	60,649	62,553	78,624
Operating segments \| Chemicals Africa
Income Statement
Turnover	60,597	54,310	54,817
Operating segments \| Chemicals America
Income Statement
Turnover	29,360	28,809	21,424
Operating segments \| Chemicals Eurasia
Income Statement
Turnover	46,038	39,989	41,423
Operating segments \| Corporate Centre
Income Statement
Turnover	26	30	78
Intersegmental turnover
Income Statement
Turnover	(27,454)	(27,634)	(26,331)
Intersegmental turnover \| Mining
Income Statement
Turnover	(19,679)	(18,548)	(17,654)
Intersegmental turnover \| Gas
Income Statement
Turnover	(3,669)	(4,069)	(4,349)
Intersegmental turnover \| Fuels
Income Statement
Turnover	(1,256)	(1,737)	(1,639)
Intersegmental turnover \| Chemicals Africa
Income Statement
Turnover	(2,337)	(2,710)	(2,210)
Intersegmental turnover \| Chemicals America
Income Statement
Turnover	(2)	(88)	(5)
Intersegmental turnover \| Chemicals Eurasia
Income Statement
Turnover	(499)	(452)	(456)
Intersegmental turnover \| Corporate Centre
Income Statement
Turnover	R (12)	R (30)	R (18)

Segment information - Geographi

Segment information - Geographic segmentation (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of operating segments
Turnover	R 201,910	R 190,367	R 203,576
Earnings/(loss) before interest and tax (EBIT)	16,619	(111,926)	8,434
Tax paid	5,280	5,659	3,946
Non-current assets	230,477	264,434	378,385
South Africa
Disclosure of operating segments
Turnover	84,844	84,528	100,955
Earnings/(loss) before interest and tax (EBIT)	(7,523)	(37,029)	17,313
Tax paid	6,622	3,138	933
Non-current assets	76,070	106,922	143,957
Rest of Africa
Disclosure of operating segments
Turnover	8,853	7,776	8,814
Earnings/(loss) before interest and tax (EBIT)	4,541	1,821	707
Tax paid	955	1,607	1,548
Non-current assets	14,116	18,896	19,323
United States
Disclosure of operating segments
Turnover	31,247	28,295	24,452
Earnings/(loss) before interest and tax (EBIT)	9,616	(75,827)	(15,022)
Tax paid	(3,340)	20	5
Non-current assets	113,088	106,371	188,380
Rest of North America
Disclosure of operating segments
Turnover	4,183	3,758	3,285
Earnings/(loss) before interest and tax (EBIT)	646	(481)	(2,721)
Tax paid			1
Non-current assets		1,329	1,180
Europe
Disclosure of operating segments
Turnover	48,529	44,280	45,202
Earnings/(loss) before interest and tax (EBIT)	5,354	105	5,017
Tax paid	997	854	1,398
Non-current assets	16,748	18,948	15,944
Other countries
Disclosure of operating segments
Turnover	24,254	21,730	20,868
Earnings/(loss) before interest and tax (EBIT)	3,985	(515)	3,140
Tax paid	46	40	61
Non-current assets	R 10,455	R 11,968	R 9,601

Segment information - Reporting

Segment information - Reporting segments (Details)	Jun. 30, 2021	Jun. 30, 2021segmentitem
Disclosure of operating segments
Number of distinct businesses \| item		2
Number of reportable segments		6
ORYX GTL
Disclosure of operating segments
Interest in joint ventures (as a percent)	49.00%
Fuels \| ORYX GTL
Disclosure of operating segments
Interest in joint ventures (as a percent)	49.00%
Fuels \| South Africa
Disclosure of operating segments
Percentage of supply of fuel	40.00%	40.00%
Chemicals Business
Disclosure of operating segments
Number of reportable segments		3

Statement of compliance - Addit

Statement of compliance - Additional Information (Details) R in Millions	12 Months Ended
	Jun. 30, 2021ZAR (R)segmentitemdivision	Jun. 30, 2020ZAR (R)	Jun. 30, 2019ZAR (R)
Disclosure of operating segments
Number of distinct businesses \| item	2
Number of reportable segments \| segment	6
Earnings/(loss) before interest and tax (EBIT/(LBIT))	R 16,619	R (111,926)	R 8,434
Earnings/(loss) for the year	R 10,532	(91,917)	5,165
Revision
Disclosure of operating segments
Earnings/(loss) before interest and tax (EBIT/(LBIT))		(896)	(1,263)
Earnings/(loss) for the year		(645)	R (909)
Ammonia value chain \| Revision
Disclosure of operating segments
Earnings/(loss) before interest and tax (EBIT/(LBIT))		(1,300)
Earnings/(loss) for the year		R (937)
Chemicals Business
Disclosure of operating segments
Number of reportable segments \| segment	3
Number of divisions \| division	4

Statement of compliance - Amoun

Statement of compliance - Amounts reclassified and restated (Details) - ZAR (R) R / shares in Units, R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Statement of financial position
Property, plant and equipment	R 198,021	R 227,645	R 357,582
Non-current assets	255,579	296,566	388,222
Deferred tax liability	7,793	19,154	26,541
Non-current liabilities	150,708	225,500	194,030
Statement of changes in equity
Retained earnings		87,559	178,730
Total equity	152,471	155,917	223,109	R 226,831
Income statement
Depreciation and amortisation	(17,644)	(22,327)	(17,814)
Operating profit before remeasurement items	39,837	52	28,496
Remeasurement items	(23,218)	(111,978)	(20,062)
Earnings/(loss) before interest and tax (EBIT/(LBIT))	16,619	(111,926)	8,434
Taxation	(185)	26,390	(2,803)
Earnings/(loss) for the year	10,532	(91,917)	5,165
Statement of comprehensive income
Total comprehensive (loss)/income for the year	R (5,091)	R (67,999)	R 6,253
Basic earnings/(loss) per share (in rand per share)	R 14.57	R (148.49)	R 5.50
Headline earnings/(loss) per share (in rand per share)	39.53	(11.50)	30.90
Diluted earnings/(loss) per share (in rand per share)	14.39	(148.49)	5.46
Diluted headline earnings/(loss) per share (in rand per share)	R 39.03	R (11.50)	R 30.71
Previously reported
Statement of financial position
Property, plant and equipment		R 204,470	R 233,549
Assets under construction		27,802	127,764
Non-current assets		301,193	391,953
Deferred tax liability		20,450	27,586
Non-current liabilities		226,796	195,075
Statement of changes in equity
Retained earnings		90,890	181,416
Total equity		159,248	225,795	228,608
Income statement
Depreciation and amortisation		(22,575)	(17,968)
Operating profit before remeasurement items		(196)	28,342
Remeasurement items		(110,834)	(18,645)
Earnings/(loss) before interest and tax (EBIT/(LBIT))		(111,030)	9,697
Taxation		26,139	(3,157)
Earnings/(loss) for the year		(91,272)	6,074
Statement of comprehensive income
Total comprehensive (loss)/income for the year		R (67,354)	R 7,162
Basic earnings/(loss) per share (in rand per share)		R (147.45)	R 6.97
Headline earnings/(loss) per share (in rand per share)		(11.79)	30.72
Diluted earnings/(loss) per share (in rand per share)		(147.45)	6.93
Diluted headline earnings/(loss) per share (in rand per share)		R (11.79)	R 30.54
Reclassification
Statement of financial position
Property, plant and equipment		R 27,802	R 127,764
Assets under construction		(27,802)	(127,764)
Revision
Statement of financial position
Property, plant and equipment		(4,627)	(3,731)
Non-current assets		(4,627)	(3,731)
Deferred tax liability		(1,296)	(1,045)
Non-current liabilities		(1,296)	(1,045)
Statement of changes in equity
Retained earnings		(3,331)	(2,686)	(1,777)
Total equity		(3,331)	(2,686)	R (1,777)
Income statement
Depreciation and amortisation		248	154
Operating profit before remeasurement items		248	154
Remeasurement items		(1,144)	(1,417)
Earnings/(loss) before interest and tax (EBIT/(LBIT))		(896)	(1,263)
Taxation		251	354
Earnings/(loss) for the year		(645)	(909)
Statement of comprehensive income
Total comprehensive (loss)/income for the year		R (645)	R (909)
Basic earnings/(loss) per share (in rand per share)		R (1.04)	R (1.47)
Headline earnings/(loss) per share (in rand per share)		0.29	0.18
Diluted earnings/(loss) per share (in rand per share)		(1.04)	(1.47)
Diluted headline earnings/(loss) per share (in rand per share)		R 0.29	R 0.17
Revision \| Ammonia value chain
Income statement
Earnings/(loss) before interest and tax (EBIT/(LBIT))		R (1,300)
Earnings/(loss) for the year		R (937)

Statement of compliance - Finan

Statement of compliance - Financial instruments (Details) R in Millions	Jun. 30, 2021ZAR (R)
Disclosure of financial instruments
Carrying value of financial instruments which reference to US LIBOR that have not yet transitioned to alternative interest rate benchmark	R 32,680
US Dollar term loans measured at amortized cost
Disclosure of financial instruments
Carrying value of financial instruments which reference to US LIBOR that have not yet transitioned to alternative interest rate benchmark	20,699
US Dollar Revolving credit facility measured at amortized cost
Disclosure of financial instruments
Carrying value of financial instruments which reference to US LIBOR that have not yet transitioned to alternative interest rate benchmark	9,878
Interest rate swap
Disclosure of financial instruments
Carrying value of financial instruments which reference to US LIBOR that have not yet transitioned to alternative interest rate benchmark	R 2,103

Going concern (Details)

Going concern (Details) R in Millions	Jun. 30, 2021ZAR (R)	Dec. 31, 2020	Jun. 30, 2020ZAR (R)	Jun. 30, 2019ZAR (R)	Jun. 30, 2018ZAR (R)
Going concern
Gearing ratio	61.50%		117.00%	56.30%
Net debt to EBITDA	1.5		4.3
Net debt to EBITDA under the debt covenant	3	4
Cash and cash equivalents	R 30,988		R 34,094	R 15,819	R 17,039
Available facilities	R 54,651		R 10,500

Turnover - Turnover (Details)

Turnover - Turnover (Details) - ZAR (R) R in Millions	12 Months Ended
Turnover - Turnover (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Income Statement
Revenue from contracts with customers	R 201,100	R 189,568	R 202,676
Revenue from other contracts	810	799	900
Total turnover	201,910	190,367	203,576
Other (Technology, refinery services)
Income Statement
Revenue from contracts with customers	2,288	2,313	2,308
Energy Business
Income Statement
Revenue from contracts with customers	65,676	67,415	85,536
Energy Business \| Coal
Income Statement
Revenue from contracts with customers	2,025	1,343	3,222
Energy Business \| Liquid fuels and crude oil
Income Statement
Revenue from contracts with customers	58,265	60,119	76,328
Energy Business \| Gas (methane rich and natural gas) and condensate
Income Statement
Revenue from contracts with customers	5,386	5,953	5,986
Chemicals Business
Income Statement
Revenue from contracts with customers	133,136	119,840	114,832
Chemicals Business \| Advanced materials
Income Statement
Revenue from contracts with customers	7,380	7,200	7,349
Chemicals Business \| Base chemicals
Income Statement
Revenue from contracts with customers	45,684	40,262	34,967
Chemicals Business \| Essential care
Income Statement
Revenue from contracts with customers	44,314	40,112	41,084
Chemicals Business \| Performance solutions
Income Statement
Revenue from contracts with customers	35,758	32,266	31,432
Chemicals Africa
Income Statement
Total turnover	R 58,260	R 51,600	R 52,607
Chemicals Africa \| Advanced materials
Income Statement
Percentage of product line's revenue	37.00%	29.00%	28.00%
Chemicals Africa \| Base chemicals
Income Statement
Percentage of product line's revenue	59.00%	59.00%	74.00%
Chemicals Africa \| Performance solutions
Income Statement
Percentage of product line's revenue	15.00%	15.00%	15.00%
Chemicals America
Income Statement
Total turnover	R 29,358	R 28,721	R 21,419
Chemicals America \| Base chemicals
Income Statement
Percentage of product line's revenue	33.00%	29.00%	18.00%
Chemicals America \| Essential care
Income Statement
Percentage of product line's revenue	30.00%	30.00%	30.00%
Chemicals America \| Performance solutions
Income Statement
Percentage of product line's revenue	15.00%	15.00%	15.00%
Chemicals Eurasia
Income Statement
Total turnover	R 45,539	R 39,537	R 40,967
Chemicals Eurasia \| Advanced materials
Income Statement
Percentage of product line's revenue	52.00%	56.00%	57.00%
Chemicals Eurasia \| Essential care
Income Statement
Percentage of product line's revenue	70.00%	70.00%	70.00%
Chemicals Eurasia \| Performance solutions
Income Statement
Percentage of product line's revenue	70.00%	70.00%	70.00%

Materials, energy and consuma_3

Materials, energy and consumables used (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Materials, energy and consumables used
Cost of raw materials	R 71,016	R 78,030	R 79,774
Cost of energy and other consumables used in production process	14,354	12,079	10,815
Materials, energy and consumables used	R 85,370	R 90,109	R 90,589

Materials, energy and consuma_4

Materials, energy and consumables used - Other commitment (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Purchase commitments
Purchase commitments	R 131,992	R 129,846	R 59,659
ORYX GTL
Purchase commitments
Off-take agreements	1,748	1,739
Oxygen supply agreements for Secunda Operations
Purchase commitments
Off-take agreements	R 85,013	36,998
Air Liquide
Purchase commitments
Agreement term (in years)	15 years
Within one year
Purchase commitments
Purchase commitments	R 27,459	23,121	25,760
One to five years
Purchase commitments
Purchase commitments	35,182	32,430	24,030
More than five years
Purchase commitments
Purchase commitments	R 69,351	R 74,295	R 9,869

Employee-related expenditure -

Employee-related expenditure - Analysis of employee costs (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Employee-related expenditure
Labour	R 31,683	R 30,266	R 30,706
Salaries, wages and other employee-related expenditure	29,786	27,964	28,665
Post-retirement benefits	1,897	2,302	2,041
Share-based payment expenses	1,905	1,741	1,219
equity-settled	1,927	1,946	1,659
cash-settled	(22)	(205)	(440)
Total employee-related expenditure	33,588	32,007	31,925
Costs capitalised to projects	(740)	(1,340)	(1,997)
Total employee benefits expense	R 32,848	R 30,667	R 29,928

Employee-related expenditure _2

Employee-related expenditure - Number of employees (Details) - employee	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Number and average number of employees
Permanent employees	28,725	30,670	31,112
Non-permanent employees	224	331	317
Total number of employees	28,949	31,001	31,429
Enaex Africa (Pty) Ltd
Number and average number of employees
Number of employees transferred	968
LyondellBasell
Number and average number of employees
Number of employees transferred	401

Translation gains_(losses) (Det

Translation gains/(losses) (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Translation gains/(losses)
Trade and other receivables	R (1,233)	R 1,275	R 98
Trade and other payables	158	(891)	(372)
Foreign currency loans	6,318	(6,946)	965
Other	267	20	(87)
Translation gains/(losses)	R 5,510	R (6,542)	R 604

Other operating expenses and _3

Other operating expenses and income (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Other operating income and expense
Rentals			R 1,845
Insurance	R 739	R 681	514
Computer costs	2,563	2,469	2,155
Hired labour	565	844	786
Audit remuneration	136	144	97
Derivative (gains)/losses (including foreign exchange contracts)	(2,282)	6,997	2,465
Professional fees	2,828	2,067	2,226
Enablement of digital and continuous improvement initiatives	434	333	454
Other	2,394	1,734	1,772
Changes in rehabilitation provisions	(361)	(2,078)	1,096
Expected credit losses (released)/raised	(87)	418	470
Other expenses	10,022	10,738	9,410
Other operating income	(2,024)	(1,446)	(1,363)
Total other operating expenses and income	12,099	20,834	19,701
Changes in rehabilitation provisions due to change in discount rates	674	R 1,300	R 688
Expense for additional provisions and changes to existing provisions, provision for decommissioning and rehabilitation costs	412
Oxygen train 17
Other operating income and expense
Other expenses	R 586

Net finance costs - Finance inc

Net finance costs - Finance income (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Net finance costs
Dividends received from investments		R 44	R 42
Notional interest received	R 4	102
Interest received	852	776	745
Interest received on other long-term investments	40	28	27
Interest received loans and receivables	199	293	334
Interest income on cash and cash equivalents	613	455	384
Finance income per income statement	856	922	787
Less: notional interest	(4)	(102)
Less: interest received on tax	(15)	(28)	(105)
Finance income per the statement of cash flows	R 837	R 792	R 682

Net finance costs - Finance cos

Net finance costs - Finance costs (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	R 6,810	R 9,743	R 6,613
Amortisation of loan costs	160	135	725
Notional interest	668	945	857
Total finance costs	7,638	10,823	8,195
Amounts capitalised to assets under construction a class of Property, plant and equipment	(880)	(3,520)	(6,942)
Finance costs per income statement	6,758	7,303	1,253
Total finance costs before amortisation of loan costs and notional interest	6,810	9,743	6,613
Add: modification (loss)/gain		(1,193)	109
Less: interest accrued on long-term debt, lease liabilities and short-term debt	(637)	(1,412)	(1,025)
Less: interest reversed/(accrued) on tax payable		16	525
Finance costs per the statement of cash flows	6,173	7,154	6,222
Debt and interest rate swap
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	5,238	8,226	6,088
Total finance costs before amortisation of loan costs and notional interest	5,238	8,226	6,088
Secured and unsecured debt
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	4,855	8,090	6,044
Total finance costs before amortisation of loan costs and notional interest	4,855	8,090	6,044
Interest rate swap
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	383	136	44
Total finance costs before amortisation of loan costs and notional interest	383	136	44
Preference shares
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest			116
Total finance costs before amortisation of loan costs and notional interest			116
Lease liabilities
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	1,488	1,465	871
Total finance costs before amortisation of loan costs and notional interest	1,488	1,465	871
Other
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	84	52	(462)
Total finance costs before amortisation of loan costs and notional interest	R 84	R 52	R (462)

Earnings_(loss) and dividends_3

Earnings/(loss) and dividends per share (Details) - ZAR (R) R / shares in Units, shares in Millions, R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Earnings/(loss) and dividends per share
Basic earnings/(loss) per share (in rand per share)	R 14.57	R (148.49)	R 5.50
Headline earnings/(loss) per share (in rand per share)	39.53	(11.50)	30.90
Diluted earnings/(loss) per share (in rand per share)	14.39	(148.49)	5.46
Diluted headline earnings/(loss) per share (in rand per share)	R 39.03	R (11.50)	30.71
Dividends per share			5.90
Dividends per share - interim			R 5.90
Earnings per share (EPS)
Weighted average number of shares	619.9	617.9	616.6
Earnings/(loss) attributable to owners of Sasol Limited	R 9,032	R (91,754)	R 3,389
Basic earnings/(loss) per share (in rand per share)	R 14.57	R (148.49)	R 5.50
Headline earnings/(loss) per share (HEPS)
Weighted average number of shares	619.9	617.9	616.6
Earnings/(loss) attributable to owners of Sasol Limited	R 9,032	R (91,754)	R 3,389
Effect of remeasurement items for subsidiaries and joint operations, net of tax	15,448	84,648	15,648
remeasurement items before tax	23,218	111,978	20,062
Tax effect and non-controlling interest effect	(7,770)	(27,330)	(4,414)
Effect of remeasurement items for equity accounted investments	23		15
Headline earnings/(loss)	R 24,503	R (7,106)	R 19,052
Headline earnings/(loss) per share (in rand per share)	R 39.53	R (11.50)	R 30.90
Diluted earnings per share (DEPS) and diluted headline earnings per share (DHEPS)
Weighted average number of shares	619.9	617.9	616.6
Potential dilutive effect of long-term incentive scheme	3.8	2.6	2.9
Potential dilutive effect of Sasol Khanyisa Tier 1	4.1	1.8	0.8
Diluted weighted average number of shares for DEPS and DHEPS	627.8	622.3	620.3
Earnings/(loss) attributable to owners of Sasol Limited	R 9,032	R (91,754)	R 3,389
Diluted earnings/(loss) attributable to owners of Sasol Limited	9,032	(91,754)	3,389
Diluted headline earnings/(loss) per share
Headline earnings/(loss) attributable to owners of Sasol Limited	24,503	(7,106)	19,052
Diluted headline earnings/(loss) attributable to owners of Sasol Limited	R 24,503	R (7,106)	R 19,052
Diluted earnings/(loss) per share (in rand per share)	R 14.39	R (148.49)	R 5.46
Diluted headline earnings/(loss) per share (in rand per share)	R 39.03	R (11.50)	R 30.71

Remeasurement items affecting_3

Remeasurement items affecting operating profit - Remeasurement Items (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Remeasurement items
Impairment loss	R 34,200	R 112,736	R 19,868
Reversal of impairment loss	(5,468)		(949)
(Profit)/loss on disposals	(5,520)	(715)	1,109
Write-off of unsuccessful exploration wells	6	(43)	34
Remeasurement items per income statement	23,218	111,978	20,062
Tax effect	(7,771)	(26,399)	(4,409)
Non-controlling interest effect	1	(931)	(5)
Total remeasurement items for subsidiaries and joint operations, net of tax	15,448	84,648	15,648
Effect of remeasurement items for equity accounted investments	23		15
Total remeasurement items for the Group, net of tax	15,471	84,648	15,663
Property, plant and equipment
Remeasurement items
Impairment loss	33,973	108,575	19,850
Reversal of impairment loss	(5,440)		(949)
Property plant and equipment disposed by sale
Remeasurement items
(Profit)/loss on disposals	(96)	25	(32)
Property plant and equipment scrapped
Remeasurement items
(Profit)/loss on disposals	269	796	1,408
Right of use assets
Remeasurement items
Impairment loss	35	3,322
Reversal of impairment loss	(2)
Other intangible assets
Remeasurement items
Impairment loss	80	839	11
Reversal of impairment loss	(26)
(Profit)/loss on disposals	(130)
Equity accounted investments
Remeasurement items
Impairment loss	112
Other assets
Remeasurement items
Impairment loss			7
(Profit)/loss on disposals	52	148
Businesses disposed of
Remeasurement items
(Profit)/loss on disposals	R (5,615)	R (1,684)	R (267)

Remeasurement Items affecting_4

Remeasurement Items affecting operating profit - Assumptions (Details)	12 Months Ended
	Jun. 30, 2021R / $R / T$ / bbl$ / kJ$ / gal	Jun. 30, 2020R / $$ / gal$ / kJR / T$ / bbl	Jun. 30, 2019R / $$ / kJ$ / bblR / T$ / gal
Impairment assumptions
Long-term average crude oil price (Brent) (in USD/bbl)	70.09	59.69	71.17
Long-term average ethane price (nominal) (in US$/gal) \| $ / gal	0.3718	0.3279	0.3904
Long-term average ammonia price (in Rand/ton) \| R / T	5,297	4,664.32	4,258.54
Long-term average refining margin (nominal)	9.67	9.43	10.16
Long-term average exchange rate (R/US$) \| R / $	14.57	15.20	14.29
Future oil price period (in years)	5 years	5 years	5 years
Future ammonia price period (in years)	5 years	5 years	5 years
Future exchange rate period (in years)	5 years	5 years	5 years
Future ethane price period (in years)	10 years	10 years	10 years
Minimum
Impairment assumptions
Period over which management has projected cash flows	5 years
South Africa
Impairment assumptions
Long-term average Southern African gas purchase price (real) \| $ / kJ	0.0841	0.0710	0.0486
Growth rate - long-term producer price index	5.50%	5.50%	5.50%
Weighted average cost of capital	14.03%	14.22%	13.12%
United States
Impairment assumptions
Growth rate - long-term producer price index	2.00%	2.00%	2.00%
Weighted average cost of capital	7.70%	7.66%	7.18%
Europe
Impairment assumptions
Growth rate - long-term producer price index	2.00%	2.00%	2.00%
Europe \| Minimum
Impairment assumptions
Weighted average cost of capital	7.70%	7.66%	7.18%
Europe \| Maximum
Impairment assumptions
Weighted average cost of capital	9.05%	9.79%	9.48%

Remeasurement items affecting_5

Remeasurement items affecting operating profit - Summary of Significant Impairment of Assets (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Impairment
Impairment loss (reversal of impairment loss)	R 28,732	R 112,736	R 18,919
Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	28,533
Right of use assets
Impairment
Impairment loss (reversal of impairment loss)	33
Other intangible assets
Impairment
Impairment loss (reversal of impairment loss)	54
Other assets
Impairment
Impairment loss (reversal of impairment loss)	112
Other cash-generating units
Impairment
Impairment loss (reversal of impairment loss)	314	2,172	600
Other cash-generating units \| Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	196
Other cash-generating units \| Right of use assets
Impairment
Impairment loss (reversal of impairment loss)	5
Other cash-generating units \| Other intangible assets
Impairment
Impairment loss (reversal of impairment loss)	1
Other cash-generating units \| Other assets
Impairment
Impairment loss (reversal of impairment loss)	112
Fuels \| Sasolburg liquid fuels refinery
Impairment
Impairment loss (reversal of impairment loss)		8,594
Fuels \| Secunda liquid fuels refinery
Impairment
Impairment loss (reversal of impairment loss)	24,456	3,834
Recoverable amount of the CGU	23,232
Fuels \| Secunda liquid fuels refinery \| Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	24,456
Chemicals Africa \| South Africa Wax value chain
Impairment
Impairment loss (reversal of impairment loss)	7,863	3,777
Recoverable amount of the CGU	2,748
Chemicals Africa \| South Africa Wax value chain \| Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	7,863
Chemicals Africa \| Chlor Alkali and PVC
Impairment
Impairment loss (reversal of impairment loss)	1,094
Recoverable amount of the CGU	393
Chemicals Africa \| Chlor Alkali and PVC \| Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	1,094
Chemicals Africa \| Ammonia value chain
Impairment
Impairment loss (reversal of impairment loss)		2,736	3,509
Chemicals Africa \| Acrylates & Butanol value chain
Impairment
Impairment loss (reversal of impairment loss)		6,766
Chemicals Africa \| Polyethylene value chain
Impairment
Impairment loss (reversal of impairment loss)		5,814
Chemicals Africa \| Chlor Vinyls value chain
Impairment
Impairment loss (reversal of impairment loss)		1,979
Chemicals Africa \| Chemical Work Up & Heavy Alcohols value chain
Impairment
Impairment loss (reversal of impairment loss)		R 1,668
Percentage of increase (decrease) in solvent prices		12.00%
Chemicals America \| US Chemicals assets held for sale
Impairment
Impairment loss (reversal of impairment loss)		R 72,558
Chemicals America \| US phenolics
Impairment
Impairment loss (reversal of impairment loss)	460
Chemicals America \| US phenolics \| Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	351
Chemicals America \| US phenolics \| Right of use assets
Impairment
Impairment loss (reversal of impairment loss)	30
Chemicals America \| US phenolics \| Other intangible assets
Impairment
Impairment loss (reversal of impairment loss)	79
Chemicals America \| EO/EG
Impairment
Impairment loss (reversal of impairment loss)	(4,934)		5,460
Recoverable amount of the CGU	110,113
Chemicals America \| EO/EG \| Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	(4,906)
Chemicals America \| EO/EG \| Right of use assets
Impairment
Impairment loss (reversal of impairment loss)	(2)
Chemicals America \| EO/EG \| Other intangible assets
Impairment
Impairment loss (reversal of impairment loss)	(26)
Chemicals America \| Sasol Canada - Shale gas assets
Impairment
Impairment loss (reversal of impairment loss)			1,947
Chemicals America \| Tetramerization value chain
Impairment
Impairment loss (reversal of impairment loss)			R 7,403
Chemicals Eurasia \| Wax
Impairment
Impairment loss (reversal of impairment loss)		R 2,838
Gas \| Sasol Canada - Shale gas assets
Impairment
Impairment loss (reversal of impairment loss)	(521)
Recoverable amount of the CGU	357
Gas \| Sasol Canada - Shale gas assets \| Property, plant and equipment
Impairment
Impairment loss (reversal of impairment loss)	R (521)

Remeasurement items affecting_6

Remeasurement items affecting operating profit - Cash Generating Units (Details) R in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2021ZAR (R)R / $$ / kJ$ / bbl$ / T	Jun. 30, 2021CAD ($)	Jun. 30, 2019ZAR (R)
Impairment
Reversal of impairment loss	R 5,468		R 949
Fuels \| Secunda liquid fuels refinery
Impairment
Increase in discount rate	1.00%
Increase (decrease) in recoverable amount due to increase in discount rate	R (1,700)
Decrease in discount rate	(1.00%)
Increase (decrease) in recoverable amount due to decrease in discount rate	R 2,000
Decrease in price of Dated Brent (per unit) \| $ / bbl	(1)
Decrease in recoverable amount due to decrease in price of Dated Brent	R (2,800)
Increase (decrease) in exchange rate \| R / $	0.10
Increase (decrease) in recoverable amount of CGU due to change in exchange rate	R (1,500)
Increase in gas prices (per unit) \| $ / kJ	1
Increase (decrease) in recoverable amount due to increase in gas prices	R (942)
Chemicals Africa \| South Africa Wax value chain
Impairment
Increase in discount rate	1.00%
Increase (decrease) in recoverable amount due to increase in discount rate	R (370)
Decrease in discount rate	(1.00%)
Increase (decrease) in recoverable amount due to decrease in discount rate	R 403
Increase in gas prices (per unit) \| $ / kJ	1
Increase (decrease) in recoverable amount due to increase in gas prices	R (1,700)
Chemicals Africa \| Chlor Alkali and PVC
Impairment
Increase in discount rate	1.00%
Increase (decrease) in recoverable amount due to increase in discount rate	R (264)
Decrease in discount rate	(1.00%)
Increase (decrease) in recoverable amount due to decrease in discount rate	R 306
Increase (decrease) in exchange rate \| R / $	0.10
Increase (decrease) in recoverable amount of CGU due to change in exchange rate	R (240)
Increase (decrease) in sales price \| $ / T	10
Increase (decrease) in recoverable amount due to change in sale prices	R 364
Gas \| Sasol Canada - Shale gas assets
Impairment
Reversal of impairment loss	R 521	$ 45

Disposals and scrapping (Detail

Disposals and scrapping (Details) R in Millions, $ in Millions

Jun. 30, 2021

Jun. 24, 2021ZAR (R)item

May 04, 2021

May 01, 2021ZAR (R)

Apr. 30, 2021

Feb. 25, 2021

Dec. 31, 2020ZAR (R)

Dec. 01, 2020ZAR (R)

Dec. 01, 2020USD ($)

Jul. 01, 2020ZAR (R)

Sep. 30, 2019ZAR (R)

Dec. 31, 2020

Dec. 31, 2019ZAR (R)

Jun. 30, 2021ZAR (R)

Jun. 30, 2020ZAR (R)

Jun. 30, 2019ZAR (R)

Jun. 30, 2019USD ($)

Disposal and scrapping

Property, plant and equipment

R 7,064

R 1,431

R 1,560

Goodwill and other intangible assets

947

179

112

Equity accounted investments

370

437

Assets in disposal groups held for sale

67,662

2,563

Inventories

814

Trade and other receivables

174

Cash and cash equivalents

Liabilities in disposal group held for sale

(2,577)

(414)

(38)

Long-term debt

(2,673)

Long-term financial liabilities

(477)

Trade and other payables

(67)

175

Carrying value of disposals and scrapping

71,294

4,371

1,728

Total consideration

73,426

4,285

567

Consideration received

43,214

4,285

567

Consideration still receivable

116

Establishment of joint operation

30,096

Net loss on disposal before translation effects

2,132

(86)

(1,161)

Realisation of accumulated translation effects

3,388

801

Net profit (loss) on disposal

5,520

715

(1,109)

Enaex Africa (Pty) Ltd

Disposal and scrapping

Disposal of equity interest (as a percent)

26.00%

Interest in associates (as a percent)

23.00%

49.00%

Louisiana Integrated Polyethylene JV LLC

Disposal and scrapping

Proportion of ownership interest in joint operation

50.00%

Cost

Disposal and scrapping

Property, plant and equipment

12,183

7,184

8,097

Goodwill and other intangible assets

1,073

276

336

Accumulated depreciation and impairment

Disposal and scrapping

Property, plant and equipment

(5,119)

(5,753)

(6,537)

Goodwill and other intangible assets

(126)

(97)

(224)

Lake Charles Chemicals Project

Disposal and scrapping

Carrying value of disposals and scrapping

682

$ 48

Consideration received

R 30,000

$ 2,000

Net loss on disposal before translation effects

(1,100)

Realisation of accumulated translation effects

R 3,100

Disposal of equity interest (as a percent)

50.00%

Air separation units

Disposal and scrapping

Net profit (loss) on disposal

R 2,726

Number of air separation units sold | item

Agreement term (in years)

15 years

Gemini HDPE LLC

Disposal and scrapping

Net loss on disposal before translation effects

R 683

Realisation of accumulated translation effects

R 246

Disposal of equity interest (as a percent)

50.00%

Gabon oil producing assets

Disposal and scrapping

Net loss on disposal before translation effects

145

Realisation of accumulated translation effects

132

Etame Marin block offshore Gabon

Disposal and scrapping

Disposal of equity interest (as a percent)

27.80%

Block DE-8 offshore Gabon

Disposal and scrapping

Disposal of equity interest (as a percent)

40.00%

Enaex Africa (Pty) Ltd

Disposal and scrapping

Net profit (loss) on disposal

R (115)

Disposal of equity interest (as a percent)

26.00%

Sasol Huntsman GmbH & co KG

Disposal and scrapping

Realisation of accumulated translation effects

R 475

Net profit (loss) on disposal

R 936

Disposal of equity interest (as a percent)

50.00%

Explosives business

Disposal and scrapping

Net profit (loss) on disposal

R (46)

Disposal of equity interest (as a percent)

51.00%

Escravos GTL

Disposal and scrapping

Realisation of accumulated translation effects

268

Net profit (loss) on disposal

705

Sasol Wilmar Alcohol Industries

Disposal and scrapping

Realisation of accumulated translation effects

R 56

Net profit (loss) on disposal

R 47

Other disposal and scrapping

Disposal and scrapping

Consideration received

898

678

296

Chemicals America | Lake Charles Chemicals Project

Disposal and scrapping

Consideration received

29,894

Chemicals America | Gemini HDPE LLC

Disposal and scrapping

Consideration received

3,456

Chemicals Africa | Enaex Africa (Pty) Ltd

Disposal and scrapping

Consideration received

175

Chemicals Africa | Explosives business

Disposal and scrapping

Consideration received

991

Chemicals Eurasia | ARG Investment

Disposal and scrapping

Consideration received

316

Chemicals Eurasia | Sasol Huntsman GmbH & co KG

Disposal and scrapping

Consideration received

1,506

Chemicals Eurasia | Sasol Wilmar Alcohol Industries

Disposal and scrapping

Consideration received

235

Chemicals Eurasia | Heat Transfer Fuels (HTF) business

Disposal and scrapping

Consideration received

R 271

Energy Business | Escravos GTL

Disposal and scrapping

Consideration received

R 875

Gas | Gabon oil producing assets

Disposal and scrapping

Consideration received

424

Fuels & Chemicals Africa | Air separation units

Disposal and scrapping

Consideration received

R 8,051

Disposal group held for sale (D

Disposal group held for sale (Details) € in Millions, R in Millions, $ in Millions, $ in Billions	12 Months Ended
	Jun. 30, 2021ZAR (R)shareholder	Jun. 30, 2021CAD ($)	Jun. 30, 2020ZAR (R)	Jun. 30, 2020USD ($)	Jun. 30, 2019ZAR (R)	Jul. 28, 2020ZAR (R)item	Jul. 28, 2020EUR (€)item
Disposal groups held for sale
Assets	R 360,743		R 474,535		R 466,237
Reversal of impairment loss	5,468				949
Impairment loss	34,200		112,736		R 19,868
Disposal groups held-for-sale
Disposal groups held for sale
Assets	10,631		84,268
Liabilities	(3,706)		(5,531)
Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Disposal groups held for sale
Assets	6,085		5,951
Liabilities	R (1,771)		(2,604)
Percentage of equity interest agreed to be disposed of	30.00%
Percentage of equity interest to be retained after disposal	20.00%
Initial consideration agreed for sale of equity interest	R 4,145
Deferred consideration agreed for sale of equity interest	R 1,000
Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) \| South African Gas Development Company Limited (iGas) and Companhia Mozambicana de Gasoduto S.A.R.L. (CMG)
Disposal groups held for sale
Percentage of equity interest agreed to be disposed of	30.00%
Number of existing shareholders that exercised pre-emptive rights to aquire equity \| shareholder	2
Central Termica de Ressano Garcia S.A. (CTRG)
Disposal groups held for sale
Assets	R 3,034
Liabilities	(1,109)
Sasol Canada - Shale gas assets
Disposal groups held for sale
Assets	1,181
Liabilities	(824)
Reversal of impairment loss	521	$ 45
US Chemicals assets held for sale
Disposal groups held for sale
Assets			71,001
Liabilities			(2,425)
Impairment loss			72,600	$ 4.2
Secunda Operations Air Separation Units
Disposal groups held for sale
Assets			5,675
Liabilities			(38)
Number of air separation units to be sold \| item						16	16
Proceeds from divestment to be received after fulfilment of various conditions						R 8,500
Proceeds from divestment to be received after fulfilment of various conditions excluding amount in foreign currency						R 5,525
Proceeds from divestment to be received after fulfilment of various conditions - amount in foreign currency \| €							€ 147.5
Other
Disposal groups held for sale
Assets	331		1,641
Liabilities	R (2)		R (464)

Taxation (Details)

Taxation (Details) - ZAR (R) R in Millions	12 Months Ended
Taxation (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Geographical areas
Income tax	R 9,509	R 930	R 5,846
Deferred tax	(9,324)	(27,320)
Total tax expense (income)	185	(26,390)	2,803
South Africa
Geographical areas
Normal tax	7,430	2,140	3,206
current year	7,478	2,542	3,804
prior years	(48)	(402)	(598)
Dividend withholding tax		2
Deferred tax	(9,779)	(9,324)	1,732
current year	(9,464)	(9,724)	1,715
prior years	(315)	400	17
Foreign Countries
Geographical areas
Normal tax	2,079	(1,212)	2,640
current year	2,106	2,242	2,544
prior years	(27)	(3,454)	96
Deferred tax	455	(17,996)	(4,775)
current year	339	(20,375)	(4,831)
prior years	124	2,375	55
tax rate change	R (8)	R 4	R 1

Taxation - Contingent liability

Taxation - Contingent liability (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Tax contingent liability \| Sasol Financing International
Contingent liabilities
Estimated financial effect of contingent liabilities	R 2,580	R 2,500

Taxation - Reconciliation of ef

Taxation - Reconciliation of effective tax rate (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Reconciliation of average effective tax rate and applicable tax rate
South African normal tax rate	28.00%	28.00%	28.00%
Increase/(decrease) in rate of tax due to - disallowed preference share dividends			0.40%
Increase/(decrease) in rate of tax due to - disallowed expenditure	11.40%	(1.00%)	10.90%
Increase/(decrease) in rate of tax due to - disallowed share-based payment expenses	2.30%	(0.30%)	3.30%
Increase/(decrease) in rate of tax due to - different tax rates	0.50%	(3.60%)	15.30%
Increase/(decrease) in rate of tax due to - share of profits of equity accounted investments		(0.10%)
Increase/(decrease) in rate of tax due to - tax losses not recognised		(2.00%)	9.90%
Increase/(decrease) in rate of tax due to - prior year adjustments			2.30%
Increase/(decrease) in rate of tax due to - other adjustments		(0.50%)	2.30%
Normal tax rate and (decrease)/increase in tax rate	42.20%	20.50%	72.40%
(Decrease)/increase in rate of tax due to - exempt income	(10.00%)	0.70%	(2.00%)
(Decrease)/increase in rate of tax due to - share of profits of equity accounted investments	(2.10%)		(3.80%)
(Decrease)/increase in rate of tax due to - effect of tax litigation matters			(9.50%)
(Decrease)/increase in rate of tax due to - utilisation of tax losses	(20.90%)		(0.30%)
(Decrease)/increase in rate of tax due to - investment incentive allowances	(0.40%)		(20.00%)
(Decrease)/increase in rate of tax due to - translation differences	(1.90%)		(1.10%)
(Decrease)/increase in rate of tax due to - prior year adjustments	(2.20%)	0.90%
(Decrease)/increase in rate of tax due to - capital gains and losses	(1.80%)
(Decrease)/increase in rate of tax due to - other adjustments	(1.20%)	0.30%	(0.50%)
Effective tax rate	1.70%	22.40%	35.20%
Sasol Canada - Shale gas assets
Reconciliation of average effective tax rate and applicable tax rate
Impairment loss			R 1,900	R 2,800
Deferred tax asset raised on impairment loss			R 0	R 0

Tax paid (Details)

Tax paid (Details) - ZAR (R) R in Millions	12 Months Ended
Tax paid (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Tax paid
Net amounts (receivable)/payable at beginning of year	R (4,754)	R 309	R (984)
Disposal of businesses	40		(1)
Net interest and penalties on tax	(17)	(41)	(630)
Income tax per income statement	9,509	930	5,846
Reclassification to held for sale	(304)	29	6
Foreign exchange differences recognised in income statement	(14)	48	4
Translation of foreign operations	513	(370)	14
Current tax beginning balance and expenses	4,973	905	4,255
Net tax receivable/(payable) at end of year	307	4,754	(309)
Tax payable	(806)	(665)	(1,039)
Tax receivable	1,113	5,419	730
Per the statement of cash flows	5,280	5,659	3,946
Dividend withholding tax		2
Normal tax including dividend withholding tax	5,280	5,659	3,946
South Africa
Tax paid
Normal tax	6,622	3,131	933
Foreign Countries
Tax paid
Normal tax	R (1,342)	R 2,526	R 3,013

Deferred tax - Reconciliation (

Deferred tax - Reconciliation (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Reconciliation
Deferred tax liability (asset) at beginning of year	R (12,511)	R 17,978
Current year charge	(8,956)	(27,873)
Current year charge - per the income statement	(9,324)	(27,320)
Current year charge - per the statement of comprehensive income	368	(553)
Reclassification from/(to) held for sale	424	(880)
Disposal of investment	(85)
Foreign exchange differences recognised in income statement	(103)	142
Translation of foreign operations	4,513	(1,878)
Deferred tax liability (asset) at end of year	(16,718)	(12,511)	R 17,978
Net deferred tax assets and liabilities
Deferred tax assets	(24,511)	(31,665)	(8,563)
Deferred tax liabilities	7,793	19,154	26,541
Deferred tax liabilities	R (16,718)	R (12,511)	R 17,978

Deferred tax - Attributable to

Deferred tax - Attributable to tax jurisdictions (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	R (16,718)	R (12,511)	R 17,978
South Africa
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	3,169	12,676
United States
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	(18,556)	(22,865)
Germany
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	(1,085)	(1,651)
Mozambique
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	323	699
Other countries
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	R (569)	R (1,370)

Deferred tax - Temporary differ

Deferred tax - Temporary differences (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	R (24,511)	R (31,665)	R (8,563)
Deferred tax liabilities	7,793	19,154	R 26,541
Property, plant and equipment
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	6,287	(5,285)
Deferred tax liabilities	13,392	25,423
Right of use assets
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	1,024	1,103
Deferred tax liabilities	1,370	1,150
Current assets
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax liabilities	(1,124)	(894)
Short- and long-term provisions
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(3,731)	(4,065)
Deferred tax liabilities	(3,948)	(3,371)
Calculated tax losses
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(24,097)	(18,768)
Deferred tax liabilities	(11)	(448)
Financial liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(1,324)	(2,238)
Deferred tax liabilities	135	(517)
Other temporary differences
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(2,670)	(2,412)
Deferred tax liabilities	R (2,021)	R (2,189)

Deferred tax - Calculated tax l

Deferred tax - Calculated tax losses (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits
Available for offset against future taxable income	R 105,428	R 100,301
Utilised against deferred tax balance	(102,890)	(79,294)
Not recognised as a deferred tax asset	R 2,538	21,007
Sasol Canada
Disclosure of temporary difference, unused tax losses and unused tax credits
Not recognised as a deferred tax asset		R 18,500

Deferred tax - Calculated tax_2

Deferred tax - Calculated tax losses carried forward (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	R 2,538	R 21,007
Within one year
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	3
One to five years
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	1,150	1,201
More than five years
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	608	19,090
Indefinite Life
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	R 777	R 716

Deferred tax - Unremitted earni

Deferred tax - Unremitted earning (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits
Unremitted earnings at end of year that would be subject to dividend withholding tax	R 26,662	R 27,750
Tax effect if remitted	455	380
Europe
Disclosure of temporary difference, unused tax losses and unused tax credits
Unremitted earnings at end of year that would be subject to dividend withholding tax	20,051	19,943
Tax effect if remitted	277	133
Rest of Africa
Disclosure of temporary difference, unused tax losses and unused tax credits
Unremitted earnings at end of year that would be subject to dividend withholding tax	1,933	2,807
Tax effect if remitted	155	225
Other countries
Disclosure of temporary difference, unused tax losses and unused tax credits
Unremitted earnings at end of year that would be subject to dividend withholding tax	4,678	5,000
Tax effect if remitted	R 23	R 22

Deferred tax - Dividend withhol

Deferred tax - Dividend withholding tax (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Deferred tax
Dividend withholding tax rate	20.00%
Undistributed earnings at end of year that would be subjected to dividend withholding tax withheld by the company on behalf of Sasol Limited shareholders	R 99,061	R 90,508
Maximum withholding tax payable by shareholders if distributed to individuals	R 19,812	R 18,102

Share capital - Issued Share Ca

Share capital - Issued Share Capital (Details) - ZAR (R) R / shares in Units, R in Millions	Sep. 07, 2018	Jun. 30, 2019	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2018
Disclosure of classes of share capital
Equity		R 223,109	R 152,471	R 155,917	R 226,831
Shares held by Sasol Foundation Trust and Sasol Khanyisa Employee Share Ownership Plan			10,469,584	13,969,621
Repurchase and cancellation of shares		16,085,199
Share capital
Disclosure of classes of share capital
Equity		R 9,888	R 9,888	R 9,888	R 15,775
Sasol Inzalo share transaction
Disclosure of classes of share capital
Repurchase and cancellation of shares	16,085,199
Share repurchase price	R 542.11

Share capital - Authorised, Iss

Share capital - Authorised, Issued, and Held in Reserve (Details) - shares	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Disclosure of classes of share capital
Shares authorised	1,314,407,571	1,314,407,571	1,314,407,571
Shares issued	634,244,336	632,365,757	631,028,318	645,560,928
Unissued shares	680,163,235	682,041,814	683,379,253
Sasol ordinary shares of no par value
Disclosure of classes of share capital
Shares authorised	1,127,690,590	1,127,690,590	1,127,690,590
Shares issued	627,912,989	626,034,410	624,696,971
Unissued shares	499,777,601	501,656,180	502,993,619
Sasol preferred ordinary shares of no par value
Disclosure of classes of share capital
Shares authorised	28,385,646	28,385,646	28,385,646
Unissued shares	28,385,646	28,385,646	28,385,646
Sasol BEE ordinary shares of no par value
Disclosure of classes of share capital
Shares authorised	158,331,335	158,331,335	158,331,335
Shares issued	6,331,347	6,331,347	6,331,347
Unissued shares	151,999,988	151,999,988	151,999,988

Share capital - Shares Issued R

Share capital - Shares Issued Roll Forward (Details) - shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Reconciliation of number of shares outstanding
Shares issued at beginning of year	632,365,757	631,028,318	645,560,928
Issued in terms of employee share schemes	1,878,579	1,337,439	1,566,581
Repurchase and cancellation of shares			(16,085,199)
Issued in terms of Sasol Khanyisa			(13,992)
Shares issued at end of year	634,244,336	632,365,757	631,028,318

Long-term debt - Summary (Detai

Long-term debt - Summary (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Long-term debt.
Total long-term debt	R 102,643	R 167,197	R 129,569
Short-term portion	(5,506)	(19,686)
Long-term debt	R 97,137	R 147,511	R 127,350

Long-term debt - Amortised cost

Long-term debt - Amortised cost summary (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Long-term debt
Unamortised loan costs	R (439)	R (627)
Total long-term debt	R 102,643	167,197	R 129,569
Gemini HDPE LLC
Long-term debt
Proportion of equity interest disposed of	50.00%
Secured Debt
Long-term debt
Long-term debt, before unamortised costs	R 108	4,608
Unsecured debt
Long-term debt
Long-term debt, before unamortised costs	R 102,974	R 163,216

Long-term debt - Reconciliation

Long-term debt - Reconciliation (Details) R in Millions, $ in Millions	1 Months Ended		12 Months Ended
	Mar. 31, 2021ZAR (R)	Mar. 31, 2021USD ($)	Jun. 30, 2021ZAR (R)	Jun. 30, 2021USD ($)	Jun. 30, 2020ZAR (R)	Jun. 30, 2020USD ($)
Long-term debt
Balance at beginning of year			R 167,197		R 129,569
Loans raised			26,057		36,487
Loans repaid			(61,454)		(28,335)
Modification loss					1,193
Interest accrued			305		1,003
Amortisation of loan costs			160		135
Disposal of business			(2,673)
Transfer to disposal groups held for sale			(939)		(1,551)
Translation of foreign operations			(26,010)		29,723
Balance at end of year			102,643		167,197
Transfer of operating lease straight-lining under IAS 17 on initial application of IFRS 16
Long-term debt
Balance at beginning of year					(1,027)
After application of IFRS 16
Long-term debt
Balance at beginning of year					128,542
Revolving credit facility \| Sasol Financing International
Long-term debt
Loans repaid			(55,400)	$ (3,600)	R (23,500)	$ (1,500)
Term loans \| Sasol Financing International
Long-term debt
Loans repaid			R (5,400)	$ (350)
Bonds issued in March 2021
Long-term debt
Loans raised	R 23,100	$ 1,500

Long-term debt - Interest-beari

Long-term debt - Interest-bearing status (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Interest-bearing status
Interest-bearing debt	R 102,643	R 167,197

Long-term debt - Maturity profi

Long-term debt - Maturity profile (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Maturity profile
Long-term debt	R 102,643	R 167,197	R 129,569
Within one year
Maturity profile
Long-term debt	5,506	19,686
One to five years
Maturity profile
Long-term debt	64,495	133,179
More than five years
Maturity profile
Long-term debt	R 32,642	R 14,332

Long-term debt - Terms (Details

Long-term debt - Terms (Details) R in Millions, $ in Millions	Jun. 30, 2021ZAR (R)	Jun. 30, 2020ZAR (R)	Jun. 30, 2021ZAR (R)	Jun. 30, 2021USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019ZAR (R)
Long-term debt
Borrowing limit authorised	R 305,000	R 309,000	R 305,000
Unamortised loan costs	(439)	(627)	(439)
Long-term debt	102,643	167,197	102,643				R 129,569
Short-term portion	(5,506)	(19,686)	(5,506)
Long-term debt	R 97,137	R 147,511	R 97,137				R 127,350
Sasol Financing International
Long-term debt
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%	100.00%
Sasol Financing USA LLC
Long-term debt
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%	100.00%
Revolving credit facility, repayable November 2024
Long-term debt
Short-term portion		R (17,000)				$ (1,000)
Long-term debt
Long-term debt
Long-term debt, before unamortised costs	R 103,082	167,824	R 103,082
Secured Debt
Long-term debt
Long-term debt, before unamortised costs	108	4,608	108
Secured Debt \| Repayable in quarterly instalments ending August 2024
Long-term debt
Carrying value of property, plant and equipment pledged as collateral		4,999
Long-term debt, before unamortised costs		3,209
Secured Debt \| Repayable in bi-annual instalments ending 31 August 2030
Long-term debt
Carrying value of shares and property, plant and equipment pledged as collateral		1,821
Long-term debt, before unamortised costs		1,226
Secured Debt \| Other secured debt
Long-term debt
Long-term debt, before unamortised costs	108	173	108
Unsecured debt
Long-term debt
Long-term debt, before unamortised costs	102,974	163,216	102,974
Unsecured debt \| Unsecured debt various repayment terms ending June 2026
Long-term debt
Long-term debt, before unamortised costs	599	949	599
Unsecured debt \| Unsecured debt, various repayment terms
Long-term debt
Long-term debt, before unamortised costs	R 588	659	R 588
Unsecured debt \| Unsecured debt, various repayment terms \| Fixed
Long-term debt
Interest rate	8.00%		8.00%		8.00%
Unsecured debt \| Unsecured debt, repayable in August 2022
Long-term debt
Long-term debt, before unamortised costs	R 2,191	2,197	R 2,191
Unsecured debt \| Unsecured debt, repayable in August 2022 \| Rand \| Variable \| 3 month Jibar
Long-term debt
Adjustment to interest rate basis	1.30%		1.30%		1.30%
Unsecured debt \| Unsecured debt, repayable in November 2022
Long-term debt
Long-term debt, before unamortised costs	R 14,359	17,428	R 14,359
Unsecured debt \| Unsecured debt, repayable in November 2022 \| Fixed
Long-term debt
Interest rate	4.50%		4.50%		4.50%
Unsecured debt \| Unsecured debt, bond repayable in November 2022 \| Sasol Financing International
Long-term debt
Long-term debt, before unamortised costs	R 14,000		R 14,000		$ 1,000
Unsecured debt \| Unsecured debt, bond repayable in November 2022 \| Fixed \| Sasol Financing International
Long-term debt
Interest rate	4.50%		4.50%		4.50%
Unsecured debt \| Unsecured debt, repayable in November 2024 with 1.60 % interest
Long-term debt
Long-term debt, before unamortised costs	R 7,788	68,109	R 7,788
Unsecured debt \| Unsecured debt, repayable in November 2024 with 1.60 % interest \| US dollar \| Variable \| LIBOR
Long-term debt
Adjustment to interest rate basis	1.60%		1.60%		1.60%
Unsecured debt \| Revolving credit facility, repayable November 2024 \| Sasol Financing International
Long-term debt
Long-term debt, before unamortised costs	R 54,200		R 54,200		$ 3,800
Repayments of borrowings			55,000	$ 3,600
Unsecured debt \| Unsecured debt, repayable in June 2024 with 1.60 % interest
Long-term debt
Long-term debt, before unamortised costs	R 2,143	2,601	R 2,143
Unsecured debt \| Unsecured debt, repayable in June 2024 with 1.60 % interest \| US dollar \| Variable \| LIBOR
Long-term debt
Adjustment to interest rate basis	1.60%		1.60%		1.60%
Unsecured debt \| Unsecured debt, repayable in June 2024 with 2.00 % interest
Long-term debt
Long-term debt, before unamortised costs	R 20,954	28,997	R 20,954
Unsecured debt \| Unsecured debt, repayable in June 2024 with 2.00 % interest \| US dollar \| Variable \| LIBOR
Long-term debt
Adjustment to interest rate basis	2.00%		2.00%		2.00%
Unsecured debt \| Term loan, repayable in June 2024
Long-term debt
Long-term debt, before unamortised costs	R 20,700		R 20,700		$ 1,450
Unsecured debt \| Revolving credit facility, repayable in June 2024
Long-term debt
Long-term debt, before unamortised costs	2,100		2,100		$ 150
Unsecured debt \| Unsecured debt, various repayment terms from March 2024 to March 2031
Long-term debt
Long-term debt, before unamortised costs	R 54,352	R 39,603	R 54,352
Unsecured debt \| Unsecured debt, various repayment terms from March 2024 to March 2031 \| Fixed \| Minimum
Long-term debt
Interest rate	4.40%	5.80%	4.40%		4.40%	5.80%
Unsecured debt \| Unsecured debt, various repayment terms from March 2024 to March 2031 \| Fixed \| Maximum
Long-term debt
Interest rate	6.50%	6.50%	6.50%		6.50%	6.50%
Unsecured debt \| Bonds, various repayment terms from March 2024 to March 2031 \| Sasol Financing USA LLC
Long-term debt
Long-term debt, before unamortised costs	R 32,100		R 32,100		$ 2,250
Unsecured debt \| Bonds, various repayment terms from March 2024 to March 2031 \| Fixed \| Minimum \| Sasol Financing USA LLC
Long-term debt
Interest rate	4.38%		4.38%		4.38%
Unsecured debt \| Bonds, various repayment terms from March 2024 to March 2031 \| Fixed \| Maximum \| Sasol Financing USA LLC
Long-term debt
Interest rate	6.50%		6.50%		6.50%
Unsecured debt \| Bonds issued in March 2021 \| Sasol Financing USA LLC
Long-term debt
Long-term debt, before unamortised costs	R 21,400		R 21,400		$ 1,500
Unsecured debt \| Unsecured debt, repayable in November 2024 with 2.90 % interest
Long-term debt
Long-term debt, before unamortised costs		R 2,673
Unsecured debt \| Unsecured debt, repayable in November 2024 with 2.90 % interest \| US dollar \| Variable \| LIBOR
Long-term debt
Adjustment to interest rate basis		2.90%				2.90%

Long-term debt - Contract Amoun

Long-term debt - Contract Amounts (Details) R in Millions, $ in Millions	1 Months Ended
	Aug. 31, 2019ZAR (R)	Nov. 30, 2023USD ($)	Nov. 30, 2022USD ($)	Jun. 30, 2021ZAR (R)	Jun. 30, 2021USD ($)	Jun. 30, 2020ZAR (R)	Jun. 30, 2020USD ($)	Jun. 30, 2019ZAR (R)
Long-term debt
Utilised facilities				R 102,295
Available facilities				54,651		R 10,500
Available cash excluding restricted cash				29,224
Total funds available for use				83,875
Interest accrued on borrowings				1,090
Unamortised loan costs				(439)		(627)
Total debt (including bank overdraft)				102,946
Long-term debt				97,137		147,511		R 127,350
Short-term debt				5,566
Short-term debt				60		21,888
Short-term portion				5,506		19,686
Bank overdraft				243		645		R 58
Revolving credit facility, repayable November 2024
Long-term debt
Short-term portion						R 17,000	$ 1,000
Group treasury facilities \| Commercial paper
Long-term debt
Contract amount				8,000
Utilised facilities				2,176
Available facilities				5,824
Proceeds from borrowings	R 2,176
Group treasury facilities \| Commercial paper \| 3 month Jibar \| Rand
Long-term debt
Adjustment to interest rate basis	1.30%
Group treasury facilities \| Commercial banking facilities
Long-term debt
Contract amount				8,500
Available facilities				8,500
Group treasury facilities \| Revolving credit facility, repayable November 2024
Long-term debt
Contract amount		$ 2,845	$ 3,495	48,064	$ 3,367
Utilised facilities				7,737
Available facilities				40,327
Group treasury facilities \| Revolving credit facility, repayable in June 2024
Long-term debt
Contract amount				2,141	150
Utilised facilities				2,141
Unsecured debt \| US Dollar Bond November 2022
Long-term debt
Contract amount				14,275	1,000
Utilised facilities				14,275
Unsecured debt \| US Dollar Bond March 2024
Long-term debt
Contract amount				21,413	1,500
Utilised facilities				21,413
Unsecured debt \| US Dollar Bond September 2028
Long-term debt
Contract amount				10,706	750
Utilised facilities				10,706
Unsecured debt \| US Dollar Bond March 2026
Long-term debt
Contract amount				9,279	650
Utilised facilities				9,279
Unsecured debt \| US Dollar Bond September 2031
Long-term debt
Contract amount				12,134	850
Utilised facilities				12,134
Unsecured debt \| Term loan, repayable in June 2024
Long-term debt
Contract amount				20,699	$ 1,450
Utilised facilities				20,699
Specific project asset finance \| Energy - Clean Fuels II project financing
Long-term debt
Contract amount				993
Utilised facilities				993
Other debt arrangements
Long-term debt
Utilised facilities				R 742

Long-term debt - Covenant amend

Long-term debt - Covenant amendment (Details) $ in Millions, R in Billions	Jun. 30, 2021ZAR (R)	Jun. 30, 2021USD ($)	Dec. 31, 2020
Long-term debt
Net debt to EBITDA under the debt covenant	3	3	4
Revolving credit facility, repayable November 2024
Long-term debt
Borrowings maximum capacity, target	R 40.6	$ 2,845

Lease - Amounts recognised (Det

Lease - Amounts recognised (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Leases
Non-current lease liabilities	R 13,906	R 15,825	R 7,445
Current lease liabilities	1,771	1,894
Lease liabilities	15,677	17,719
Right of use assets	12,903	13,816
Additions to right of use assets	1,899	3,466
Decrease in right of use assets, foreign exchange movements	(1,200)	(1,700)
Decrease in lease liabilities, foreign exchange movements	(1,200)	(1,700)
Decrease in right of use assets, reassessment of exercise an extension option	(561)
Decrease in lease liabilities, reassessment of exercise an extension option	(561)
Decrease in right of use assets, other movements	(281)
Decrease in lease liabilities, other movements	(281)
Disposal groups held-for-sale
Leases
Lease liabilities		2,200
Right of use assets		2,200
Land
Leases
Right of use assets	241	184
Buildings and improvements
Leases
Right of use assets	5,153	6,446
Plant, equipment and vehicles
Leases
Right of use assets	7,508	7,179
Mineral assets
Leases
Right of use assets	R 1	R 7

Lease - Amounts recognised in i

Lease - Amounts recognised in income statement and cash flows statement (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Leases
Interest expense (included in net finance cost)	R 1,488	R 1,465	R 871
Expense relating to short-term leases	423	757
Expense relating to leases of low-value assets that are not shown above as short-term leases	65	33
Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)	58	64
Impairment of right of use assets	33	3,322
Depreciation of right of use assets	2,317	2,294
Total cash outflow on leases	3,882	4,048	R 1,108
Land
Leases
Depreciation of right of use assets	11	25
Buildings and improvements
Leases
Depreciation of right of use assets	694	662
Plant, equipment and vehicles
Leases
Depreciation of right of use assets	1,607	1,605
Mineral assets
Leases
Depreciation of right of use assets	R 5	R 2

Lease - Incremental borrowing r

Lease - Incremental borrowing rates (Details)	Jun. 30, 2021	Jun. 30, 2020
Minimum \| South Africa
Leases
Incremental borrowing rates for leases	6.19%	6.25%
Minimum \| North America
Leases
Incremental borrowing rates for leases	2.15%	2.15%
Minimum \| Eurasia
Leases
Incremental borrowing rates for leases	0.38%	1.00%
Maximum \| South Africa
Leases
Incremental borrowing rates for leases	15.35%	16.58%
Maximum \| North America
Leases
Incremental borrowing rates for leases	5.64%	5.64%
Maximum \| Eurasia
Leases
Incremental borrowing rates for leases	6.35%	5.00%

Short-term debt (Details)

Short-term debt (Details) R in Millions, $ in Billions	12 Months Ended
Short-term debt (Details) R in Millions, $ in Billions	Jun. 30, 2021ZAR (R)	Jun. 30, 2021USD ($)	Jun. 30, 2020ZAR (R)	Jun. 30, 2019ZAR (R)	Jun. 30, 2020USD ($)	Nov. 30, 2019ZAR (R)	Nov. 30, 2019USD ($)
Disclosure of detailed information about borrowings
Short-term debt	R 60		R 21,888
Short-term portion of long-term debt	5,506		19,686
Current lease liabilities	1,771		1,894
Total short-term debt	7,337		43,468	R 3,783
Repayments of current borrowings	19,717		977	R 1,730
Translation gains	1,958
Transfer to disposal group held for sale	197
Syndicated loan and commercial banking facilities
Disclosure of detailed information about borrowings
Repayments of current borrowings	R 19,717	$ 1
Syndicated loan facility
Disclosure of detailed information about borrowings
Notional amount						R 17,000	$ 1
Revolving credit facility, repayable November 2024
Disclosure of detailed information about borrowings
Short-term portion of long-term debt			R 17,000		$ 1

Property, plant and equipment_2

Property, plant and equipment (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Property, plant and equipment
Amount at beginning of the year	R 227,645	R 357,582
Additions	16,022	38,092	R 55,862
Additions, to sustain existing operations	14,801	21,148
Additions, to expand operations	1,221	16,944
Net reclassification (to)/from other assets	46	120
Reduction in rehabilitation provisions capitalised	(2,425)	(183)
Establishment of joint operation	29,563
Disposal of business	(6,607)
Finance costs capitalised	880	3,520
Projects capitalised	(470)	(543)
Reclassification from/(to) held for sale	(1,689)
Reclassification to held for sale		(73,713)
Translation of foreign operations	(21,034)	39,800
Disposals and scrapping	(457)	(1,431)
Current year depreciation charge	(14,920)	(19,579)
Net impairment of property, plant and equipment	(28,533)	(108,532)
Amount at end of the year	R 198,021	227,645	357,582
Gemini HDPE LLC
Property, plant and equipment
Proportion of equity interest disposed of	50.00%
Previously reported
Property, plant and equipment
Amount at beginning of the year		361,313
Amount at beginning of the year	R 204,470	233,549
Amount at end of the year		204,470	233,549
Revision
Property, plant and equipment
Amount at beginning of the year	(4,627)	(3,731)
Amount at end of the year		(4,627)	(3,731)
Cost
Property, plant and equipment
Amount at beginning of the year	465,723	546,518
Amount at end of the year	432,779	465,723	546,518
Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(238,078)	(188,936)
Amount at end of the year	(234,758)	(238,078)	(188,936)
Land
Property, plant and equipment
Amount at beginning of the year	5,591	4,202
Additions	18	34
Additions, to sustain existing operations	18	34
Net reclassification (to)/from other assets	(2)	(11)
Establishment of joint operation	325
Disposal of business	(1,399)
Projects capitalised	73	920
Reclassification from/(to) held for sale	98
Reclassification to held for sale		(112)
Translation of foreign operations	(775)	842
Disposals and scrapping	(2)	(268)
Net impairment of property, plant and equipment	(56)	(10)
Amount at end of the year	3,871	5,591	4,202
Land \| Previously reported
Property, plant and equipment
Amount at beginning of the year		4,202
Land \| Cost
Property, plant and equipment
Amount at beginning of the year	5,844	4,403
Amount at end of the year	4,145	5,844	4,403
Land \| Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(253)	(201)
Amount at end of the year	(274)	(253)	(201)
Buildings and improvements
Property, plant and equipment
Amount at beginning of the year	11,954	15,434
Additions	4	59
Additions, to sustain existing operations		42
Additions, to expand operations	4	17
Net reclassification (to)/from other assets	56	(295)
Reduction in rehabilitation provisions capitalised	(4)
Establishment of joint operation	1,097
Disposal of business	(632)
Projects capitalised	837	3,035
Reclassification from/(to) held for sale	349
Reclassification to held for sale		(2,350)
Translation of foreign operations	(1,457)	2,091
Disposals and scrapping	(19)	(6)
Current year depreciation charge	(537)	(720)
Net impairment of property, plant and equipment	(94)	(3,819)
Amount at end of the year	11,554	11,954	15,434
Buildings and improvements \| Previously reported
Property, plant and equipment
Amount at beginning of the year		15,434
Buildings and improvements \| Cost
Property, plant and equipment
Amount at beginning of the year	21,418	23,034
Amount at end of the year	20,462	21,418	23,034
Buildings and improvements \| Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(9,464)	(7,600)
Amount at end of the year	(8,908)	(9,464)	(7,600)
Plant, equipment and vehicles
Property, plant and equipment
Amount at beginning of the year	152,255	181,504
Additions	1,063	1,039
Additions, to sustain existing operations	948	825
Additions, to expand operations	115	214
Net reclassification (to)/from other assets	(750)	447
Reduction in rehabilitation provisions capitalised	(55)	(23)
Establishment of joint operation	28,079
Disposal of business	(4,544)
Projects capitalised	11,918	120,616
Reclassification from/(to) held for sale	(711)
Reclassification to held for sale		(61,754)
Translation of foreign operations	(18,327)	23,761
Disposals and scrapping	(184)	(484)
Current year depreciation charge	(11,080)	(15,568)
Net impairment of property, plant and equipment	(28,678)	(91,347)
Amount at end of the year	128,986	152,255	181,504
Plant, equipment and vehicles \| Previously reported
Property, plant and equipment
Amount at beginning of the year		185,235
Plant, equipment and vehicles \| Revision
Property, plant and equipment
Amount at beginning of the year		(3,731)
Amount at end of the year			(3,731)
Plant, equipment and vehicles \| Cost
Property, plant and equipment
Amount at beginning of the year	325,837	316,548
Amount at end of the year	334,432	325,837	316,548
Plant, equipment and vehicles \| Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(173,582)	(135,044)
Amount at end of the year	(205,446)	(173,582)	(135,044)
Mineral assets
Property, plant and equipment
Amount at beginning of the year	30,043	28,678
Additions	43	1,230
Additions, to sustain existing operations	43	1,230
Net reclassification (to)/from other assets	20	(4)
Reduction in rehabilitation provisions capitalised	(1,401)	(160)
Disposal of business	(1)
Projects capitalised	2,654	3,378
Reclassification from/(to) held for sale	(981)
Translation of foreign operations	98	230
Disposals and scrapping	(49)	(18)
Current year depreciation charge	(3,303)	(3,291)
Net impairment of property, plant and equipment	353
Amount at end of the year	27,476	30,043	28,678
Mineral assets \| Previously reported
Property, plant and equipment
Amount at beginning of the year		28,678
Mineral assets \| Cost
Property, plant and equipment
Amount at beginning of the year	84,822	74,769
Amount at end of the year	47,606	84,822	74,769
Mineral assets \| Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(54,779)	(46,091)
Amount at end of the year	(20,130)	(54,779)	(46,091)
Assets under construction
Property, plant and equipment
Amount at beginning of the year	27,802	127,764
Additions	14,894	35,730
Additions, to sustain existing operations	13,792	19,017
Additions, to expand operations	1,102	16,713
Net reclassification (to)/from other assets	722	(17)
Reduction in rehabilitation provisions capitalised	(965)
Establishment of joint operation	62
Disposal of business	(31)
Finance costs capitalised	880	3,520
Projects capitalised	(15,952)	(128,492)
Reclassification from/(to) held for sale	(444)
Reclassification to held for sale		(9,497)
Translation of foreign operations	(573)	12,876
Disposals and scrapping	(203)	(655)
Net impairment of property, plant and equipment	(58)	(13,356)
Amount at end of the year	26,134	27,802	127,764
Assets under construction \| Previously reported
Property, plant and equipment
Amount at beginning of the year		127,764
Assets under construction \| Cost
Property, plant and equipment
Amount at beginning of the year	27,802	127,764
Amount at end of the year	R 26,134	27,802	127,764
Transfer of finance leases on application of IFRS 16
Property, plant and equipment
Amount at beginning of the year		(7,488)
Amount at end of the year			(7,488)
Transfer of finance leases on application of IFRS 16 \| Land
Property, plant and equipment
Amount at beginning of the year		(6)
Amount at end of the year			(6)
Transfer of finance leases on application of IFRS 16 \| Buildings and improvements
Property, plant and equipment
Amount at beginning of the year		(1,475)
Amount at end of the year			(1,475)
Transfer of finance leases on application of IFRS 16 \| Plant, equipment and vehicles
Property, plant and equipment
Amount at beginning of the year		(5,936)
Amount at end of the year			(5,936)
Transfer of finance leases on application of IFRS 16 \| Assets under construction
Property, plant and equipment
Amount at beginning of the year		(71)
Amount at end of the year			(71)
After application of IFRS 16
Property, plant and equipment
Amount at beginning of the year		350,094
Amount at end of the year			350,094
After application of IFRS 16 \| Land
Property, plant and equipment
Amount at beginning of the year		4,196
Amount at end of the year			4,196
After application of IFRS 16 \| Buildings and improvements
Property, plant and equipment
Amount at beginning of the year		13,959
Amount at end of the year			13,959
After application of IFRS 16 \| Plant, equipment and vehicles
Property, plant and equipment
Amount at beginning of the year		175,568
Amount at end of the year			175,568
After application of IFRS 16 \| Mineral assets
Property, plant and equipment
Amount at beginning of the year		28,678
Amount at end of the year			28,678
After application of IFRS 16 \| Assets under construction
Property, plant and equipment
Amount at beginning of the year		R 127,693
Amount at end of the year			R 127,693

Property, plant and equipment-

Property, plant and equipment- Cash flow additions (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Additions to property, plant and equipment (cash flow)
Current year additions	R 16,022	R 38,092	R 55,862
Adjustments for non-cash items	(77)	(2,947)	(81)
Adjustments for non-cash items, movement in environmental provisions capitalised	(77)	(2,947)	(1,924)
Adjustments for non-cash items, movement in long-term debt			(117)
LCCP investment incentives			1,960
Per the statement of cash flows	R 15,945	R 35,145	R 55,781

Property, plant and equipment_3

Property, plant and equipment- Capital commitments (Details) - Property, plant and equipment - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Capital commitments (excluding equity accounted investments)
Authorised and contracted for	R 33,196	R 260,620
Authorised but not yet contracted for	33,297	21,136
Less expenditure to the end of year	(26,605)	(249,806)
Capital commitments	39,888	31,950
Capital commitments to sustain existing operations	25,591	26,305
Capital commitments to expand operations	14,297	5,645
Within one year
Capital commitments (excluding equity accounted investments)
Capital commitments	21,393	15,578
One to five years
Capital commitments (excluding equity accounted investments)
Capital commitments	R 18,495	R 16,372

Property, plant and equipment -

Property, plant and equipment - Significant capital commitment (Details) - Property, plant and equipment - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Property, plant and equipment
Capital commitments	R 39,888	R 31,950
Shutdown and major statutory maintenance
Property, plant and equipment
Capital commitments	6,439	3,247
Capital expenditure	2,583	5,221
Environmental projects
Property, plant and equipment
Capital commitments	3,033	1,007
Capital expenditure	1,806	2,800
Clean fuels II
Property, plant and equipment
Capital commitments	1,483	1,375
Capital expenditure	237	355
Mozambique exploration and development
Property, plant and equipment
Capital commitments	10,786	3,353
Capital expenditure	234	211
Lake Charles Chemicals Project
Property, plant and equipment
Capital commitments	798	1,297
Capital expenditure	R 684	R 13,807

Property, plant and equipment_4

Property, plant and equipment - Depreciation ranges (Details)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Property, plant and equipment
Capitalisation rate	4.60%	4.90%
Minimum \| Buildings and improvements
Property, plant and equipment
Depreciation rate for property, plant and equipment	1.00%
Minimum \| Retail convenience centres
Property, plant and equipment
Depreciation rate for property, plant and equipment	3.00%
Minimum \| Plant
Property, plant and equipment
Depreciation rate for property, plant and equipment	2.00%
Minimum \| Equipment
Property, plant and equipment
Depreciation rate for property, plant and equipment	3.00%
Minimum \| Vehicles
Property, plant and equipment
Depreciation rate for property, plant and equipment	5.00%
Maximum \| Buildings and improvements
Property, plant and equipment
Depreciation rate for property, plant and equipment	17.00%
Maximum \| Retail convenience centres
Property, plant and equipment
Depreciation rate for property, plant and equipment	5.00%
Maximum \| Plant
Property, plant and equipment
Depreciation rate for property, plant and equipment	50.00%
Maximum \| Equipment
Property, plant and equipment
Depreciation rate for property, plant and equipment	91.00%
Maximum \| Vehicles
Property, plant and equipment
Depreciation rate for property, plant and equipment	33.00%

Long-term receivables and pre_3

Long-term receivables and prepaid expenses (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Long-term receivables and prepaid expenses
Short-term portion of long-term receivables	R (986)	R (1,170)
Long-term portion of long-term receivables	3,879	5,799
Long-term prepaid expenses	345	636
Long-term receivables and prepaid expenses	4,224	6,435	R 6,317
Long-term receivables (interest bearing) - joint operations	605	1,608
Long-term loans	2,517	2,822
LCCP investment incentives	757	1,369
Cost
Long-term receivables and prepaid expenses
Total long-term receivables	4,956	7,411
Impairment
Long-term receivables and prepaid expenses
Total long-term receivables	R (91)	R (442)

Equity accounted investments -

Equity accounted investments - Equity accounted investments total carrying value (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 03, 2021	May 01, 2021	Apr. 30, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Equity accounted investments
Carrying value of equity accounted investment	R 10,142				R 10,142	R 11,812	R 9,866
Other equity accounted investments
Equity accounted investments
Carrying value of equity accounted investment	258				258	375
Enaex Africa (Pty) Ltd
Equity accounted investments
Carrying value of equity accounted investment	R 295				295	512
Interest in associates (as a percent)	23.00%			49.00%
Proportion of equity interest disposed of			26.00%
ORYX GTL
Equity accounted investments
Carrying value of equity accounted investment	R 9,329				9,329	10,511
Interest in joint ventures (as a percent)	49.00%
Sasol Dyno Nobel Pty Ltd
Equity accounted investments
Carrying value of equity accounted investment	R 260				R 260	255
Interest in joint ventures (as a percent)	50.00%
Sasol Chevron Holdings Limited
Equity accounted investments
Carrying value of equity accounted investment						R 159
Proportion of equity interest disposed of		50.00%			50.00%

Equity accounted investments _2

Equity accounted investments - Not material and Capital commitments (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Summarised financial information for the group's share of equity accounted investments which are not material
Profit/(loss) for the year	R 814	R (347)	R 1,074
Equity accounted investments
Capital commitments and relating to equity accounted investments
Authorised and contracted for	622	1,936
Authorised but not yet contracted for	713	1,089
Less expenditure to the end of year	(348)	(1,748)
Capital commitments	987	1,277
Immaterial equity accounted investments
Summarised financial information for the group's share of equity accounted investments which are not material
Operating profit/(loss)	128	(674)
Profit/(loss) before tax	140	(665)
Taxation	(45)	(20)
Profit/(loss) for the year	R 95	R (685)

Equity accounted investments _3

Equity accounted investments - ORYX GTL Limited, financial position (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Significant events and transactions
Total assets	R 360,743	R 474,535	R 466,237
Tax payable	806	665	1,039
Summarised income statement
Turnover	201,910	190,367	203,576
Depreciation and amortisation	(17,644)	(22,327)	(17,814)
Other operating expenses	(12,099)	(20,834)	(19,701)
Earnings/(loss) before interest and tax (EBIT/(LBIT))	16,619	(111,926)	8,434
Finance income	856	922	787
Finance costs	(6,758)	(7,303)	(1,253)
Earnings/(loss) before tax	10,717	(118,307)	7,968
Taxation	(185)	26,390	(2,803)
Earnings/(loss) for the year	10,532	(91,917)	5,165
Reconciliation of summarised financial information
Profit before tax for the year	10,717	(118,307)	7,968
Carrying value of equity accounted investment	10,142	11,812	9,866
Contingent liabilities incurred in relation to interests in joint ventures		0
Contingent liabilities incurred in relation to interests in associates		0
ORYX GTL
Significant events and transactions
Non-current assets	13,149	17,236
Deferred tax assets	212	636
Current assets	7,989	7,217
Total assets	21,350	25,089
Other non-current liabilities	742	974
Other current liabilities	1,178	2,663
Tax payable	391
Total liabilities	2,311	3,637
Net assets	19,039	21,452	16,893
Summarised income statement
Turnover	8,538	7,279
Depreciation and amortisation	(1,759)	(1,424)
Other operating expenses	(4,513)	(4,707)
Earnings/(loss) before interest and tax (EBIT/(LBIT))	2,266	1,148
Finance income	6	31
Finance costs	(48)	(84)
Earnings/(loss) before tax	2,224	1,095
Taxation	(758)	(492)
Earnings/(loss) for the year	1,466	603
The group's share of profits of equity accounted investment	719	338
49% share of profit before tax	1,090	536
Taxation	(371)	(198)
Reconciliation of summarised financial information
Net assets at the beginning of the year	21,452	16,893
Profit before tax for the year	2,224	1,095
Taxation	(758)	(483)
Foreign exchange differences	(3,879)	3,947
Net assets at the end of the year	19,039	21,452	R 16,893
Carrying value of equity accounted investment	R 9,329	R 10,511
Share of pre-tax profits (as a percent)	49.00%

Interest in joint operations (D

Interest in joint operations (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Dec. 01, 2020	Jun. 30, 2020	Dec. 31, 2020	Jun. 30, 2021	Jun. 30, 2019	Jun. 30, 2018
Statement of financial position
External non-current assets	R 255,579		R 296,566		R 255,579	R 388,222
Total assets	360,743		474,535		360,743	466,237
Shareholders' equity	152,471		155,917		152,471	223,109	R 226,831
Long-term liabilities	150,708		225,500		150,708	194,030
Total equity and liabilities	360,743		474,535		360,743	R 466,237
Lake Charles Chemicals Project
Joint operations
Proportion of equity interest disposed of				50.00%
Joint operations
Statement of financial position
External non-current assets	30,647		12,917		30,647
External current assets	4,872		1,682		4,872
Intercompany current assets	2		40		2
Total assets	35,521		14,639		35,521
Shareholders' equity	28,754		3,614		28,754
Long-term liabilities	2,522		9,224		2,522
Interest-bearing current liabilities	225		764		225
Non-interest-bearing current liabilities	2,607		557		2,607
Intercompany current liabilities	1,413		480		1,413
Total equity and liabilities	35,521		14,639		35,521
Capital commitments	R 717		R 700		717
Louisiana Integrated Polyethylene JV LLC
Joint operations
Interest in joint operation (as a percent)	50.00%	50.00%		50.00%
Statement of financial position
External non-current assets	R 27,226				27,226
External current assets	665				665
Total assets	27,891				27,891
Shareholders' equity	27,484				27,484
Long-term liabilities	62				62
Interest-bearing current liabilities	38				38
Non-interest-bearing current liabilities	187				187
Intercompany current liabilities	120				120
Total equity and liabilities	R 27,891				R 27,891
Gemini HDPE LLC
Joint operations
Interest in joint operation (as a percent)			50.00%
Proportion of equity interest disposed of					50.00%
Sasol Canada
Joint operations
Interest in joint operation (as a percent)	50.00%		50.00%
Statement of financial position
External current assets	R 1,379				R 1,379
Total assets	1,379				1,379
Shareholders' equity	478				478
Non-interest-bearing current liabilities	901				901
Total equity and liabilities	R 1,379				1,379
Natref
Joint operations
Interest in joint operation (as a percent)	64.00%		64.00%
Statement of financial position
External non-current assets	R 3,421				3,421
External current assets	319				319
Intercompany current assets	1				1
Total assets	3,741				3,741
Shareholders' equity	360				360
Long-term liabilities	2,457				2,457
Interest-bearing current liabilities	184				184
Non-interest-bearing current liabilities	414				414
Intercompany current liabilities	326				326
Total equity and liabilities	3,741				3,741
Other Joint Operations
Statement of financial position
External current assets	2,509				2,509
Intercompany current assets	1				1
Total assets	2,510				2,510
Shareholders' equity	432				432
Long-term liabilities	3				3
Interest-bearing current liabilities	3				3
Non-interest-bearing current liabilities	1,105				1,105
Intercompany current liabilities	967				967
Total equity and liabilities	R 2,510				R 2,510

Interest in significant opera_3

Interest in significant operating subsidiaries (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021
Disclosure of subsidiaries
Assets to which significant restrictions apply	R 0		R 0
Sasol Mining Holdings (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Technology (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Financing Limited
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Investment Company (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol South Africa Limited
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol South Africa Limited \| SSA (Tier 2 and Khanyisa Public)
Disclosure of subsidiaries
Percentage of equity owned	18.40%
Sasol Middle East And India (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Africa (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Oil (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	75.00%	75.00%
Sasol New Energy Holdings (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
The Republic Of Mozambique Pipeline Investment Company (Pty) Ltd (Rompco)
Disclosure of subsidiaries
Percentage of equity owned	50.00%	50.00%
Sasol Financing International
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%	100.00%
Sasol Germany Gmbh
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Italy Spa
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Mining (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	90.00%	90.00%
Sasol Canada Holdings Limited
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Chemicals (USA) LLC
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%
Sasol Financing USA LLC
Disclosure of subsidiaries
Percentage of equity owned	100.00%	100.00%	100.00%

Inventories (Details)

Inventories (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Inventories
Crude oil and other raw materials	R 4,269	R 3,513
Process material	1,834	1,868
Maintenance materials	5,585	6,376
Work in progress	2,560	2,108
Manufactured products	15,315	13,681
Consignment inventory	179	255
Total inventories	R 29,742	R 27,801	R 29,646

Inventories - Details (Details)

Inventories - Details (Details) - ZAR (R) R in Millions	12 Months Ended
Inventories - Details (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Inventories
Inventory write-down	R 83	R 384
Inventories held at net realizable value	R 1,118	R 3,294

Trade and other receivables (De

Trade and other receivables (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Trade and other receivables
Trade and other receivables	R 27,218	R 22,066
Duties recoverable from customers	263	366
Prepaid expenses and other	1,860	1,605
Value added tax	1,592	1,060
Total trade and other current receivables	30,933	25,097	R 28,578
Cost
Trade and other receivables
Trade receivables	23,692	18,247
Other receivables	3,786	4,310
Related party receivables - equity accounted investments	255	215
Impairment
Trade and other receivables
Trade and other receivables	R (515)	R (706)

Trade and other receivables - C

Trade and other receivables - Collateral and other (Details) R in Millions	Jun. 30, 2021ZAR (R)customer	Jun. 30, 2020customer	Jun. 30, 2019customer
Trade and other receivables
Number of customers representing more than ten percent of trade receivables \| customer	0	0	0
Collateral held over trade receivables \| R	R 0

Trade and other payables (Detai

Trade and other payables (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Trade and other payables.
Trade payables	R 17,197	R 13,535
Capital project related payables	960	3,516
Accrued expenses	4,323	3,837
Related party payables	157	276
third parties	155	88
equity accounted investments	2	188
Trade payables	22,637	21,164
Other payables	9,074	7,188
Duties payable to revenue authorities	4,785	7,086
Value added tax	174	319
Trade and other payables	R 36,670	R 35,757	R 39,466

(Increase)_decrease in workin_3

(Increase)/decrease in working capital (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
(Increase)/decrease in working capital
(Increase)/decrease in inventories	R (4,872)	R 3,397	R (829)
(Increase)/decrease in trade receivables	(7,198)	6,431	37
Increase/(decrease) in trade payables	4,916	(3,990)	3,202
(Increase)/decrease in working capital	R (7,154)	R 5,838	R 2,410

Cash and cash equivalents (Deta

Cash and cash equivalents (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Cash and cash equivalents
Cash and cash equivalents	R 31,231	R 34,739	R 15,877
Bank overdraft	(243)	(645)	(58)
Total cash and cash equivalents	30,988	34,094	R 15,819	R 17,039
In respect of various special purpose entities
Cash and cash equivalents
Cash restricted for use	513	187
In respect of short-term rehabilitation commitments
Cash and cash equivalents
Cash restricted for use	106	99
In respect of joint operations \| Louisiana Integrated Polyethylene plant
Cash and cash equivalents
Cash restricted for use	245	0
In respect of joint operations \| Exploration and other ventures
Cash and cash equivalents
Cash restricted for use	69	105
In respect of joint operations \| Power plant
Cash and cash equivalents
Cash restricted for use	658	617
Other restricted cash
Cash and cash equivalents
Cash restricted for use	1,318	799
Rand
Cash and cash equivalents
Total cash and cash equivalents	14,994	14,281
Euro
Cash and cash equivalents
Total cash and cash equivalents	2,159	2,602
US dollar
Cash and cash equivalents
Total cash and cash equivalents	12,787	15,520
Other currencies
Cash and cash equivalents
Total cash and cash equivalents	R 1,048	R 1,691

Cash generated by operating a_3

Cash generated by operating activities (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Cash generated by operating activities
Cash flow from operations	R 52,268	R 36,546	R 48,988
(Increase)/decrease in working capital	(7,154)	5,838	2,410
Cash generated by operating activities	R 45,114	R 42,384	R 51,398

Cash flow from operations (Deta

Cash flow from operations (Details) - ZAR (R) R in Millions	12 Months Ended
Cash flow from operations (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Cash flow from operations
Earnings/(loss) before interest and tax (EBIT)	R 16,619	R (111,926)	R 8,434
Adjusted for
share of (profits)/losses of equity accounted investments	(814)	347	(1,074)
equity-settled share-based payment	1,927	1,946	1,659
depreciation and amortisation	17,644	22,327	17,814
effect of remeasurement items	23,218	111,978	20,062
Movement in long-term provisions
income statement charge	(3)	(2,208)	430
utilisation	(388)	(734)	(1,099)
Movement in short-term provisions	2,839	39	(3)
Movement in post-retirement benefits	880	733	635
Translation effects	(5,047)	6,098	(199)
Write-down of inventories to net realisable value	83	384	371
Movement in financial assets and liabilities	(4,225)	3,990	864
Movement in other receivables and payables	(240)	3,057	601
Other non-cash movements	(225)	515	493
Cash flow from operations	R 52,268	R 36,546	R 48,988

Dividends paid (Details)

Dividends paid (Details) - ZAR (R) R in Millions	12 Months Ended
Dividends paid (Details) - ZAR (R) R in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Dividends paid
Final dividend - prior year	R 16	R 10	R 6,269
Interim dividend - current year	30	21	3,683
Dividends paid	R 46	R 31	R 9,952

Long-term provisions (Details)

Long-term provisions (Details) R in Millions	12 Months Ended
Long-term provisions (Details) R in Millions	Jun. 30, 2021ZAR (R)
Provisions
Balance at beginning of year	R 22,905
Capitalised to property, plant and equipment	(2,425)
Reduction in rehabilitation provision capitalised	77
Transfer to held for sale liabilities	(1,310)
Per the income statement	(3)
additional provisions and changes to existing provisions	703
reversal of unutilised amounts	(32)
effect of change in discount rate	(674)
Notional interest	668
Utilised during year (cash flow)	(388)
Foreign exchange differences recognised in income statement	(1,512)
Translation of foreign operations	(651)
Balance at end of year	17,361
Environmental
Provisions
Balance at beginning of year	21,790
Capitalised to property, plant and equipment	(2,425)
Reduction in rehabilitation provision capitalised	77
Transfer to held for sale liabilities	(1,310)
Per the income statement	(293)
additional provisions and changes to existing provisions	412
reversal of unutilised amounts	(31)
effect of change in discount rate	(674)
Notional interest	664
Utilised during year (cash flow)	(271)
Foreign exchange differences recognised in income statement	(1,495)
Translation of foreign operations	(541)
Balance at end of year	16,196
Share-based payments
Provisions
Balance at beginning of year	51
Per the income statement	(22)
additional provisions and changes to existing provisions	(22)
Foreign exchange differences recognised in income statement	1
Translation of foreign operations	(1)
Balance at end of year	29
Other
Provisions
Balance at beginning of year	1,064
Per the income statement	312
additional provisions and changes to existing provisions	313
reversal of unutilised amounts	(1)
Notional interest	4
Utilised during year (cash flow)	(117)
Foreign exchange differences recognised in income statement	(18)
Translation of foreign operations	(109)
Balance at end of year	R 1,136

Long-term provisions - Expected

Long-term provisions - Expected timing of future cash flows and Business segmentation (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Provisions
Total provisions	R 17,361	R 22,905
Short-term portion	(1,197)	(1,048)
Long-term provisions	16,164	21,857	R 17,622
Estimated undiscounted obligation	92,109	96,033
Within one year
Provisions
Total provisions	1,197	1,048
One to five years
Provisions
Total provisions	5,287	5,324
More than five years
Provisions
Total provisions	R 10,877	R 16,533

Long-term provisions - Environm

Long-term provisions - Environmental provisions, Risk-free rates and Impact of changes to discount rates (Details) Right in Millions, R in Millions	Jun. 30, 2021ZAR (R)Right	Jun. 30, 2020ZAR (R)
Provisions
Provisions	R 17,361	R 22,905
Share Appreciation Right (SARs)
Provisions
Number of share appreciation rights vested but not exercised \| Right	2.2
Intrinsic value of share appreciation rights vested but not yet exercised	R 0	0
Environmental
Provisions
Provisions	16,196	21,790
Investments restricted for mining rehabilitation purposes	676	661
Indemnities for mining rehabilitation purposes	R 2,190	R 2,190
Assumed percentage change in discount rate	1.00%	1.00%
Increase in the discount rate	R (4,352)	R (3,836)
amount capitalised to property, plant and equipment	(1,250)	(2,767)
income recognised in income statement	(3,102)	(1,069)
Decrease in the discount rate	5,266	4,297
amount capitalised to property, plant and equipment	1,787	3,115
expense recognised in income statement	R 3,479	R 1,182
Environmental \| South Africa \| Minimum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	4.20%	3.60%
Environmental \| South Africa \| Maximum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	10.30%	9.40%
Environmental \| Europe \| Minimum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	0.00%
Environmental \| Europe \| Maximum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	0.50%
Environmental \| United States \| Minimum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	0.20%	0.20%
Environmental \| United States \| Maximum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	1.80%	0.90%
Environmental \| Canada \| Minimum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	0.50%	0.50%
Environmental \| Canada \| Maximum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	2.30%	1.40%

Short-term provisions (Details)

Short-term provisions (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Provisions
Other provisions	R 3,370	R 649
Short-term portion of long-term provisions	1,197	1,048
Short-term portion of post-retirement benefit obligations	497	505
Total short-term provisions	5,064	R 2,202	R 3,289
Legal review of Sasol Gas National Energy Regulator of South Africa (NERSA) maximum price decision and NERSA gas transmission tariff application
Provisions
Other provisions	1,400
Employee related provisions
Provisions
Other provisions	R 950

Post-retirement benefit oblig_3

Post-retirement benefit obligations (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	R 13,297	R 14,691	R 12,708
Post-retirement obligations, Current	497	505
Post-retirement obligations, Total	13,794	15,196
Post-retirement assets, Non-current	(591)	(467)	R (1,274)
Healthcare
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	3,474	3,137
Post-retirement obligations, Current	239	240
Post-retirement obligations, Total	3,713	3,377
Pension
Disclosure of net defined benefit liability (asset)
Post-retirement assets, Non-current	(591)	(467)
Post-retirement assets, Total	(591)	(467)
Net pension obligations, Non-current	9,232	11,087
Net pension obligations, Current	258	265
Net pension obligations, Total	9,490	11,352
South Africa \| Healthcare
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	3,238	2,778
Post-retirement obligations, Current	218	214
Post-retirement obligations, Total	3,456	2,992
South Africa \| Pension
Disclosure of net defined benefit liability (asset)
Post-retirement assets, Non-current	(46)	(467)
Post-retirement assets, Total	(46)	(467)
Net pension obligations, Total	(46)	(467)
United States \| Healthcare
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	236	359
Post-retirement obligations, Current	21	26
Post-retirement obligations, Total	257	385
Foreign Countries \| Pension
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	9,823	11,554
Post-retirement obligations, Current	258	265
Post-retirement obligations, Total	10,081	11,819
Post-retirement assets, Non-current	(545)
Post-retirement assets, Total	(545)
Net pension obligations, Total	R 9,536	R 11,819

Post-retirement benefit oblig_4

Post-retirement benefit obligations- Loss/(gain) recognition (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	R 1,897	R 2,302	R 2,041
Loss/(gain) recognised in other comprehensive income	(834)	147	531
Healthcare
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	407	467	485
Loss/(gain) recognised in other comprehensive income	201	(1,040)	(460)
Pension \| Benefit obligation
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	7,248	7,073	6,371
Loss/(gain) recognised in other comprehensive income	5,715	(6,921)	1,360
Pension \| Plan assets
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	(5,758)	(5,238)	(4,815)
Loss/(gain) recognised in other comprehensive income	(7,419)	7,507	(514)
Pension \| Asset ceiling
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in other comprehensive income	R 669	R 601	R 145

Post-retirement benefit oblig_5

Post-retirement benefit obligations - Actuarial Assumptions (Details)	Jun. 30, 2021	Apr. 01, 2021	Mar. 31, 2021	Jun. 30, 2020	Apr. 01, 2020	Mar. 31, 2020
South Africa
Post-retirement benefit obligations
Healthcare cost inflation			7.50%			7.50%
Pension increase assumption			5.20%			6.10%
Average salary increases			5.50%			5.50%
South Africa \| Pension
Post-retirement benefit obligations
Discount rate			11.10%			12.20%
Weighted average duration of the obligation			12 years			12 years
South Africa \| Healthcare
Post-retirement benefit obligations
Discount rate			11.60%			13.30%
Weighted average duration of the obligation			13 years			14 years
United States
Post-retirement benefit obligations
Average salary increases	4.20%			4.20%
United States \| Pension
Post-retirement benefit obligations
Discount rate	2.00%			2.20%
Weighted average duration of the obligation	7 years			14 years
United States \| Healthcare
Post-retirement benefit obligations
Discount rate	2.70%			2.30%
Weighted average duration of the obligation	12 years			11 years
Europe
Post-retirement benefit obligations
Pension increase assumption		1.80%			1.80%
Average salary increases		2.80%			2.80%
Europe \| Pension
Post-retirement benefit obligations
Discount rate		1.20%			1.40%
Weighted average duration of the obligation		18 years			18 years

Post-retirement benefit oblig_6

Post-retirement benefit obligations - Reconciliation (Details) - Healthcare - Benefit obligation - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of total post-retirement health care obligation recognized in the statement of financial position
Beginning balance	R 3,377	R 4,093
Movements recognised in the income statement:	407	467
current service cost	44	63
interest cost	394	404
curtailments and settlements	(31)
Actuarial (gains) losses recognised in other comprehensive income:	201	(1,040)
arising from changes in financial assumptions	527	(982)
arising from changes in demographic assumptions		(3)
arising from change in actuarial experience	(326)	(55)
Benefits paid	(209)	(202)
Transferred to held for sale assets		(8)
Translation of foreign operations	(63)	67
Ending balance	3,713	3,377
South Africa
Reconciliation of total post-retirement health care obligation recognized in the statement of financial position
Beginning balance	2,992	3,825
Movements recognised in the income statement:	413	440
current service cost	26	45
interest cost	387	395
Actuarial (gains) losses recognised in other comprehensive income:	237	(1,085)
arising from changes in financial assumptions	539	(1,026)
arising from change in actuarial experience	(302)	(59)
Benefits paid	(186)	(180)
Transferred to held for sale assets		(8)
Ending balance	3,456	2,992
United States
Reconciliation of total post-retirement health care obligation recognized in the statement of financial position
Beginning balance	385	268
Movements recognised in the income statement:	(6)	27
current service cost	18	18
interest cost	7	9
curtailments and settlements	(31)
Actuarial (gains) losses recognised in other comprehensive income:	(36)	45
arising from changes in financial assumptions	(12)	44
arising from changes in demographic assumptions		(3)
arising from change in actuarial experience	(24)	4
Benefits paid	(23)	(22)
Translation of foreign operations	(63)	67
Ending balance	R 257	R 385

Post-retirement benefit oblig_7

Post-retirement benefit obligations - Sensitivity Analysis (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Sensitivity analysis
Cost inflation as premium over CPI	2.00%
South Africa \| Healthcare \| Healthcare cost inflation
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 411	R 325
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (344)	R (280)
South Africa \| Healthcare \| Discount rate
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (329)	R (264)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 399	R 310
United States \| Healthcare \| Healthcare cost inflation
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
United States \| Healthcare \| Discount rate
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (25)	R (38)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 34	R 47

Post-retirement benefit oblig_8

Post-retirement benefit obligations - Investments (Details) - Pension - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020
South Africa
Pension benefits
Percentage of members electing to transfer to the defined contribution section of the pension fund	99.00%
Ordinary shares included in the plan assets		2,082,248		2,079,248
Value of ordinary shares included in the plan assets		R 454		R 275
Value of property occupied included in the plan assets		R 1,521		R 1,555
Pension fund assets
Equities	54.00%		47.00%
Resources	7.00%		5.00%
Industrials	2.00%		2.00%
Consumer discretionary	11.00%		9.00%
Consumer staples	9.00%		9.00%
Healthcare	5.00%		5.00%
Information technologies	6.00%		6.00%
Telecommunications	4.00%		3.00%
Financials (ex real estate)	10.00%		8.00%
Fixed interest	16.00%		17.00%
Direct property	11.00%		15.00%
Listed property	2.00%		2.00%
Cash and cash equivalents	4.00%		7.00%
Third party managed assets	12.00%		12.00%
Other	1.00%
Total	100.00%		100.00%
United States
Pension fund assets
Equities	30.00%		35.00%
Resources	4.00%		5.00%
Industrials	3.00%		4.00%
Consumer discretionary	4.00%		4.00%
Consumer staples	2.00%		2.00%
Healthcare	4.00%		5.00%
Information technologies	6.00%		7.00%
Telecommunications	2.00%		3.00%
Financials (ex real estate)	5.00%		5.00%
Fixed interest	50.00%		49.00%
Direct property	6.00%		6.00%
Other	14.00%		10.00%
Total	100.00%		100.00%

Post-retirement benefit oblig_9

Post-retirement benefit obligations - Investments Target Allocation (Details) R in Millions	Jun. 30, 2021ZAR (R)itemage
Pension benefits
Number of investment portfolios members can choose from \| item	4
Plan assets at fair value - Low risk portfolio	R 272
Plan assets at fair value - Moderate balanced portfolio	58,010
Plan assets at fair value - Aggressive balanced portfolio	1,027
Plan assets at fair value - Money market portfolio	R 2,040
Minimum
Pension benefits
Age of participant for money market portfolio \| age	55
South Africa \| Pension \| Minimum
Pension benefits
Target allocation, equity- local (as a percent)	30.00%
Target allocation, equity- foreign (as a percent)	15.00%
Target allocation, Fixed Interest (as a percent)	5.00%
Target allocation, Property (as a percent)	10.00%
South Africa \| Pension \| Maximum
Pension benefits
Target allocation, equity- local (as a percent)	45.00%
Target allocation, equity- foreign (as a percent)	30.00%
Target allocation, Fixed Interest (as a percent)	25.00%
Target allocation, Property (as a percent)	25.00%
Target allocation, Other (as a percent)	15.00%
United States \| Pension \| Maximum
Pension benefits
Target allocation, equity- local (as a percent)	100.00%
Target allocation, equity- foreign (as a percent)	100.00%
Target allocation, Fixed Interest (as a percent)	100.00%
Target allocation, Property (as a percent)	100.00%
Target allocation, Other (as a percent)	100.00%

Post-retirement benefit obli_10

Post-retirement benefit obligations - Reconciliation, projected net pension liability (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of net defined benefit liability (asset)
Pension asset	R 591	R 467	R 1,274
Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	9,490	11,352
Pension asset	591	467
Benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	70,322	63,549	63,806
Benefit obligation \| Funded benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	60,294	51,985
Benefit obligation \| Funded benefit obligation \| Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	28,359	25,617
Benefit obligation \| Funded benefit obligation \| Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	31,935	26,368
Benefit obligation \| Unfunded benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	10,028	11,564
Plan assets \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(64,403)	(55,120)	(58,385)
Plan assets \| Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(32,468)	(27,522)
Plan assets \| Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(31,935)	(27,598)
Asset ceiling \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	3,571	2,923
Increase in asset limitation	648	604
South Africa \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(46)	(467)
Pension asset	46	467
South Africa \| Benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	57,054	47,228	51,241
South Africa \| Benefit obligation \| Funded benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	57,054	47,228
South Africa \| Benefit obligation \| Funded benefit obligation \| Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	25,119	20,860
South Africa \| Benefit obligation \| Funded benefit obligation \| Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	31,935	26,368
South Africa \| Plan assets \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(60,671)	(50,618)	(54,115)
South Africa \| Plan assets \| Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(28,736)	(23,020)
South Africa \| Plan assets \| Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(31,935)	(27,598)
South Africa \| Asset ceiling \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	3,571	2,923
Foreign Countries \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	9,536	11,819
Pension asset	545
Foreign Countries \| Benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	13,268	16,321	12,565
Foreign Countries \| Benefit obligation \| Funded benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	3,240	4,757
Foreign Countries \| Benefit obligation \| Funded benefit obligation \| Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	3,240	4,757
Foreign Countries \| Benefit obligation \| Unfunded benefit obligation \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	10,028	11,564
Foreign Countries \| Plan assets \| Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(3,732)	(4,502)	R (4,270)
Foreign Countries \| Plan assets \| Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	R (3,732)	R (4,502)

Post-retirement benefit obli_11

Post-retirement benefit obligations - Reconciliation PBO, RF Contributions (Details) - Pension - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Disclosure of net defined benefit liability (asset)
Beginning balance	R 11,352
Ending balance	9,490	R 11,352
Reimbursement rights recognised in long-term receivables	218	270
Gain (loss) recognised in other comprehensive income	(22)	2
Benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	63,549	63,806
Movements recognised in the income statement:	7,248	7,073
current service cost	1,502	1,722
past service cost		39
curtailments and settlements	(129)
interest cost	5,875	5,312
Actuarial (gains) losses recognised in other comprehensive income:	5,715	(6,921)
arising from changes in demographic assumptions	(1)	16
arising from changes in financial assumptions	(149)	(363)
arising from change in actuarial experience	5,865	(6,574)
Member contributions	503	504
Benefits paid	(4,411)	(3,785)
Translation of foreign operations	(2,282)	2,872
Ending balance	70,322	63,549
Benefit obligation \| Unfunded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	11,564
Ending balance	10,028	11,564
Benefit obligation \| Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	51,985
Ending balance	60,294	51,985
South Africa
Disclosure of net defined benefit liability (asset)
Beginning balance	(467)
Ending balance	(46)	(467)
South Africa \| Benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	47,228	51,241
Movements recognised in the income statement:	6,571	6,218
current service cost	923	1,150
interest cost	5,648	5,068
Actuarial (gains) losses recognised in other comprehensive income:	6,093	(7,938)
arising from changes in financial assumptions	303	(1,105)
arising from change in actuarial experience	5,790	(6,833)
Member contributions	503	504
Benefits paid	(3,341)	(2,797)
Ending balance	57,054	47,228
South Africa \| Benefit obligation \| Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	47,228
Ending balance	57,054	47,228
Foreign Countries
Disclosure of net defined benefit liability (asset)
Beginning balance	11,819
Ending balance	9,536	11,819
Foreign Countries \| Benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	16,321	12,565
Movements recognised in the income statement:	677	855
current service cost	579	572
past service cost		39
curtailments and settlements	(129)
interest cost	227	244
Actuarial (gains) losses recognised in other comprehensive income:	(378)	1,017
arising from changes in demographic assumptions	(1)	16
arising from changes in financial assumptions	(452)	742
arising from change in actuarial experience	75	259
Benefits paid	(1,070)	(988)
Translation of foreign operations	(2,282)	2,872
Ending balance	13,268	16,321
Foreign Countries \| Benefit obligation \| Unfunded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	11,564
Ending balance	10,028	11,564
Foreign Countries \| Benefit obligation \| Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	4,757
Ending balance	R 3,240	R 4,757

Post-retirement benefit obli_12

Post-retirement benefit obligations - Reconciliation Plan Assets, RF, Contributions (Details) - Pension - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Disclosure of net defined benefit liability (asset)
Beginning balance	R (11,352)
Ending balance	(9,490)	R (11,352)
Plan assets
Disclosure of net defined benefit liability (asset)
Beginning balance	55,120	58,385
Movements recognised in the income statement:	5,758	5,238
interest income	6,115	5,470
interest on asset limitation	(357)	(232)
Actuarial gains (losses) recognised in other comprehensive income:	7,419	(7,507)
arising from return on plan assets (excluding interest income)	7,419	(7,507)
Plan participant contributions	503	504
Employer contribution	606	1,177
Benefits payments	(4,210)	(3,592)
Translation of foreign operations	(793)	915
Ending balance	64,403	55,120
Actual return on plan assets	13,177	(2,268)
South Africa
Disclosure of net defined benefit liability (asset)
Beginning balance	467
Ending balance	46	467
South Africa \| Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Projected pension contributions for next fiscal year	527
South Africa \| Plan assets
Disclosure of net defined benefit liability (asset)
Beginning balance	50,618	54,115
Movements recognised in the income statement:	5,678	5,120
interest income	6,035	5,352
interest on asset limitation	(357)	(232)
Actuarial gains (losses) recognised in other comprehensive income:	6,660	(7,481)
arising from return on plan assets (excluding interest income)	6,660	(7,481)
Plan participant contributions	503	504
Employer contribution	553	1,157
Benefits payments	(3,341)	(2,797)
Ending balance	60,671	50,618
Actual return on plan assets	12,338	(2,361)
Foreign Countries
Disclosure of net defined benefit liability (asset)
Beginning balance	(11,819)
Ending balance	(9,536)	(11,819)
Foreign Countries \| Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Projected pension contributions for next fiscal year	247
Foreign Countries \| Plan assets
Disclosure of net defined benefit liability (asset)
Beginning balance	4,502	4,270
Movements recognised in the income statement:	80	118
interest income	80	118
Actuarial gains (losses) recognised in other comprehensive income:	759	(26)
arising from return on plan assets (excluding interest income)	759	(26)
Employer contribution	53	20
Benefits payments	(869)	(795)
Translation of foreign operations	(793)	915
Ending balance	3,732	4,502
Actual return on plan assets	R 839	R 93

Post-retirement benefit obli_13

Post-retirement benefit obligations - Sensitivity analysis (Details) - Pension - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
South Africa \| Salary increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 9	R 9
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (8)	R (9)
South Africa \| Discount rate
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (1,474)	R (1,425)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 1,748	R 3,237
South Africa \| Pension increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 1,821	R 3,309
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (1,566)	R (1,491)
Foreign Countries \| Salary increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 470	R 676
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (446)	R (479)
Foreign Countries \| Discount rate
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (1,833)	R (2,269)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 2,360	R 3,133
Foreign Countries \| Pension increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1.00%	1.00%
Decrease in actuarial assumption (as a percent)	1.00%	1.00%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 1,353	R 1,446
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (1,102)	R (1,179)

Share-based payment reserve - E

Share-based payment reserve - Equity settled - recognised directly in equity (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	R 1,927	R 1,946	R 1,659
Sasol Khanyisa Employee Share Ownership Plan (ESOP)
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	885	1,068	952
Tier 1 - Eligible Inzalo participants
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	567	642	628
Tier 2 - Qualifying employees
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	318	426	324
Long Term Incentive Equity Settled
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	R 1,042	R 878	R 707

Share-based payment reserve - T

Share-based payment reserve - The Sasol Khanyisa share transaction (Details)	Jun. 01, 2018
Sasol Khanyisa share transaction
Share-based payment transaction
Transaction term	10 years

Share-based payment reserve - S

Share-based payment reserve - Sasol Khanyisa Employee Share Ownership (Details) - ZAR (R)	Jun. 01, 2018	Jun. 30, 2021
Retained earnings
Share-based payment transaction
Amount reclassified from the share-based payments reserve to retained earnings upon vesting		R 1,889,000,000
Sasol Khanyisa share transaction
Share-based payment transaction
Transaction term	10 years
Tier 1 - Eligible Inzalo participants
Share-based payment transaction
Cost of rights granted for participants	R 0
Value of rights granted	R 100,000
Service period	3 years
Vesting period	3 years
Tier 1 - Eligible Inzalo participants \| Retained earnings
Share-based payment transaction
Amount reclassified from the share-based payments reserve to retained earnings upon vesting		R 1,900,000,000
Tier 2 - Qualifying employees
Share-based payment transaction
Percentage of beneficial ownership		9.20%
Percentage of dividend utilised for repayment of vendor funding and financial cost		97.50%
Trickle dividends percentage		2.50%
Tier 2 - Qualifying employees \| Prime rate
Share-based payment transaction
Percentage of base rate used to calculate financing cost		75.00%

Share-based payment reserve - A

Share-based payment reserve - Assumption and Valuation of share based expenses (Details) - ZAR (R)	Jun. 30, 2021	Jun. 01, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity			R 1,927,000,000	R 1,946,000,000	R 1,659,000,000
Tier 1 - Eligible Inzalo participants
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity			R 567,000,000	642,000,000	628,000,000
Vesting period		3 years
ESOP - Tier 1 to SOL
Share-based payment transaction
Number of SOL shares			2,082,520
Weighted average fair value on grant date	R 481.50		R 481.50
Expense from equity-settled share-based payment transactions - recognized directly in equity			R 304,000,000
ESOP - Tier 1 to SOLBE1
Share-based payment transaction
Number of SOLBE1 shares			2,396,048
Weighted average fair value on grant date	370		R 370
Expense from equity-settled share-based payment transactions - recognized directly in equity			R 263,000,000
Tier 2 - Qualifying employees
Share-based payment transaction
Number of Sasol Khanyisa shares			27,136,679
Weighted average fair value on grant date	R 64.53		R 64.53
Expense from equity-settled share-based payment transactions - recognized directly in equity			R 318,000,000	R 426,000,000	R 324,000,000
Remaining vesting period	2 years 7 months 6 days
Strike price	R 290.52
Tier 2 - Qualifying employees \| Minimum
Share-based payment transaction
Vesting period		3 years
Tier 2 - Qualifying employees \| Maximum
Share-based payment transaction
Vesting period		10 years

Share-based payment reserve -_2

Share-based payment reserve - Sasol Long-term Incentive Scheme (Details)	1 Months Ended	12 Months Ended
	Sep. 30, 2009	Jun. 30, 2021ZAR (R)itemR / sharesshares	Jun. 30, 2020ZAR (R)itemshares	Jun. 30, 2019shares
Share-based payment transaction
Number of shares authorised \| shares		1,314,407,571	1,314,407,571	1,314,407,571
Long Term Incentive Equity Settled
Share-based payment transaction
Number of days from termination to settle valuation of share-based payment expense	40 days
Number of share options at the beginning of the year \| item		10,908,312	6,619,597
Number of share options, LTIs granted \| item		5,957,275	6,424,377
Number of share options, LTIs exercised \| item		(1,940,848)	(1,380,689)
Number of share options, Effect of CPTs and LTIs forfeited \| item		(1,452,069)	(754,973)
Number of share options at the end of the year \| item		13,472,670	10,908,312
Weighted average fair value at the beginning of the year		R 345.74	R 422.20
Weighted average fair value of LTIs granted		146.58	275.61
Weighted average fair value of LTIs exercised		352.18	368.28
Weighted average fair value of Effect of CPTs and LTIs forfeited		345.14	378.19
Weighted average fair value at the end of the year		R 256.68	345.74
Remaining contractual vesting period of options outstanding		1 year 10 months 24 days
Exercise price of outstanding share options \| R / shares		R 0
Average weighted market price of LTIs vested (after conversion to equity-settled)		R 134.25	R 254.70
Average fair value of options granted
Expected volatility		98.34%	45.28%
Expected dividend yield		3.49%	4.34%
Expected forfeiture rate		5.00%	5.00%
Long Term Incentive Equity Settled \| Maximum
Share-based payment transaction
Number of shares authorised \| shares		32,500,000
Percentage of share capital authorised to be issued under scheme		5.00%
Group management
Share-based payment transaction
Percentage of stock vesting period		50.00%
Group management \| Minimum
Share-based payment transaction
Vesting period of partial awards		3 years
Average fair value of options granted
Vesting period		3 years	3 years
Group management \| Maximum
Share-based payment transaction
Vesting period of partial awards		5 years
Average fair value of options granted
Vesting period		5 years	5 years
All other participants
Share-based payment transaction
Vesting period of partial awards		3 years
Average fair value of options granted
Vesting period		3 years	3 years
Rand \| Long Term Incentive Equity Settled \| Minimum
Average fair value of options granted
Risk-free interest rate		3.99%	6.07%
Rand \| Long Term Incentive Equity Settled \| Maximum
Average fair value of options granted
Risk-free interest rate		5.90%	7.04%
US dollar \| Long Term Incentive Equity Settled \| Minimum
Average fair value of options granted
Risk-free interest rate		0.17%	0.39%
US dollar \| Long Term Incentive Equity Settled \| Maximum
Average fair value of options granted
Risk-free interest rate		0.28%	0.81%

Contingent liabilities (Details

Contingent liabilities (Details)	Sep. 19, 2019	Nov. 30, 2017customer	Jun. 30, 2021ZAR (R)plaintiff	Jun. 30, 2020ZAR (R)	Mar. 12, 2019ZAR (R)	Mar. 11, 2019ZAR (R)	Feb. 05, 2018ZAR (R)	May 31, 2015ZAR (R)	Apr. 02, 2015ZAR (R)claimplaintiff
Legal Proceedings Claimed Compensation For Lung Diseases
Contingent liabilities
Number of plaintiffs \| plaintiff									22
Number of plaintiffs that are current employees \| plaintiff									1
Number of plaintiffs that are former employees \| plaintiff									21
Number of cases \| claim									22
Number of plaintiffs that passed away \| plaintiff			2
Damages sought			R 67,200,000						R 82,500,000
Legal proceedings provision			0
Fluor SA (Pty) Ltd (FTWEP)
Contingent liabilities
Damages sought					R 384,000,000	R 448,000,000		R 486,000,000
Alternative assessment of estimated financial effect of contingent liabilities					407,000,000
Damages sought value as per expert report					305,000,000
Alternative assessment of estimated financial effect of contingent liabilities as per expert report					R 306,000,000
Legal proceedings provision			0
Dispute of dismissal during unprotected strike \| Sasol Mining (Pty) Ltd
Contingent liabilities
Legal proceedings provision			88,000,000
Dispute of dismissal during unprotected strike \| Sasol Mining (Pty) Ltd \| Minimum
Contingent liabilities
Period of back pay to calculate retrospective payment of remuneration	1 year
Dispute of dismissal during unprotected strike \| Sasol Mining (Pty) Ltd \| Maximum
Contingent liabilities
Period of back pay to calculate retrospective payment of remuneration	2 years
Dispute by Solidarity Trade Union relating to Sasol Khanyisa share scheme
Contingent liabilities
Damage value sought per member of union							R 500,000
Legal proceedings provision			0
Legal review of Sasol Gas National Energy Regulator of South Africa (NERSA) maximum price decision and NERSA gas transmission tariff application
Contingent liabilities
Number of customers that initiated judicial review of decisions \| customer		7
Legal proceedings provision			1,400,000,000
Securities class action
Contingent liabilities
Legal proceedings provision			0
Environmental Contingent Liability
Contingent liabilities
Environmental obligation accrued			R 16,196,000,000	R 21,790,000,000

Related party transactions - Ma

Related party transactions - Material transactions (Details) R in Millions	12 Months Ended
	Jun. 30, 2021ZAR (R)item	Jun. 30, 2020ZAR (R)	Jun. 30, 2019ZAR (R)
Disclosure of transactions between related parties
Impairment of outstanding balances	R 0
Purchases by subsidiaries from related parties	R 108	R 769	R 813
Number of related parties other than joint ventures and associates, with whom material transactions took place \| item	0
Joint ventures
Disclosure of transactions between related parties
Sales and services rendered from subsidiaries to related parties	R 2,635	672	1,474
Purchases by subsidiaries from related parties	8	691	718
Associates
Disclosure of transactions between related parties
Purchases by subsidiaries from related parties	R 100	R 78	R 95

Related party transactions - Ke

Related party transactions - Key management remuneration (Details) R in Thousands	12 Months Ended
	Jun. 30, 2021ZAR (R)person	Jun. 30, 2020ZAR (R)person	Jun. 30, 2019ZAR (R)person
Executive Directors
Disclosure of transactions between related parties
Salary	R 24,221
Retirement funding	1,078
Other benefits	2,984
Annual incentives	37,210
Total short-term benefits	65,493	R 22,944	R 46,948
Long-term incentive rights vested	4,824	2,657	25,025
Share-based payment	26,000
Prescribed Officers
Disclosure of transactions between related parties
Salary	35,540
Retirement funding	5,086
Other benefits	10,737
Annual incentives	41,454
Total short-term benefits	92,817	52,142	67,488
Long-term incentive rights vested	R 6,735	R 4,201	R 68,559
Number of members \| person	7	6	8
Share-based payment	R 36,000
Former Joint CEOs and Presidents
Disclosure of transactions between related parties
Long-term incentive rights vested	6,182	R 3,765
Non-executive Directors
Disclosure of transactions between related parties
Board meeting fees	24,996
Lead Director fees	707
Committee fees	6,878
Ad hoc Special Board Committee Meeting	959
Total non-executive Director remuneration	R 33,540	R 39,743	R 32,455

Subsequent events (Details)

Subsequent events (Details) R in Millions	Jun. 30, 2021ZAR (R)
Dispute of dismissal during unprotected strike \| Sasol Mining (Pty) Ltd
Disclosure of non-adjusting events after reporting period
Legal proceedings provision	R 88

Financial risk management and_3

Financial risk management and financial instruments - Summary of Financial Instruments (Details) - ZAR (R) R in Millions	Jun. 30, 2021	Jun. 30, 2020
Listed long-term debt
Financial risk management and financial instruments
Financial liabilities - fair value	R 72,226	R 50,701
Listed long-term debt \| Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	68,405	56,760
Unlisted long-term debt
Financial risk management and financial instruments
Financial liabilities - fair value	34,274	109,724
Unlisted long-term debt \| Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	34,238	110,437
Lease liabilities \| Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	15,677	17,719
Short-term debt and bank overdraft
Financial risk management and financial instruments
Financial liabilities - fair value	303	22,533
Short-term debt and bank overdraft \| Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	303	22,533
Long- and short-term financial liabilities
Financial risk management and financial instruments
Financial liabilities - fair value	5,173	9,891
Long- and short-term financial liabilities \| Liabilities, At fair value through profit and loss
Financial risk management and financial instruments
Financial liabilities - carrying value	3,070	5,748
Long- and short-term financial liabilities \| Liabilities, Designated hedging instrument at fair value
Financial risk management and financial instruments
Financial liabilities - carrying value	2,103	4,143
Trade and other payables
Financial risk management and financial instruments
Financial liabilities - fair value	22,637	21,164
Trade and other payables \| Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	22,637	21,164
Investments in listed securities
Financial risk management and financial instruments
Financial assets - fair value	466	498
Investments in listed securities \| Assets, Designated at fair value through other comprehensive income
Financial risk management and financial instruments
Financial assets - carrying value	466	498
Investments in unlisted securities
Financial risk management and financial instruments
Financial assets - fair value	8	13
Investments in unlisted securities \| Assets, Designated at fair value through other comprehensive income
Financial risk management and financial instruments
Financial assets - carrying value	8	13
Other long-term investments
Financial risk management and financial instruments
Financial assets - fair value	1,422	1,415
Other long-term investments \| Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	1,422	1,415
Long-term receivables
Financial risk management and financial instruments
Financial assets - fair value	3,879	5,799
Long-term receivables \| Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	3,879	5,799
Long and short-term financial assets
Financial risk management and financial instruments
Financial assets - fair value	2,323	645
Long and short-term financial assets \| Assets, At fair value through profit and loss
Financial risk management and financial instruments
Financial assets - carrying value	2,323	645
Trade and other receivables
Financial risk management and financial instruments
Financial assets - fair value	27,218	22,066
Trade and other receivables \| Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	27,218	22,066
Cash and cash equivalents
Financial risk management and financial instruments
Financial assets - fair value	31,231	34,739
Cash and cash equivalents \| Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	R 31,231	R 34,739

Financial risk management and_4

Financial risk management and financial instruments - Capital Allocation (Details)	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Capital allocation
Gearing ratio	61.50%	117.00%	56.30%
Minimum
Capital allocation
Targeted gearing ratio, temporary	55.00%
Targeted gearing ratio	20.00%
Maximum
Capital allocation
Targeted gearing ratio, temporary	65.00%
Targeted gearing ratio	40.00%

Financial risk management and_5

Financial risk management and financial instruments - Financing Risk (Details)	12 Months Ended
	Jun. 30, 2021
Financial risk management and financial instruments
Target minimum average time to maturity for long-term borrowings	2 years

Financial risk management and_6

Financial risk management and financial instruments - Credit Risk (Details) - customer	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Credit risk
Loss given default for unsecured financial assets	50.00%	50.00%	45.00%
Loss given default for secured financial assets	40.00%	40.00%	35.00%
Number of customers representing more than ten percent of turnover	0	0	0
Number of customers representing more than ten percent of trade receivables	0	0	0
Minimum
Credit risk
Contractual payment terms for receivables	30 days
Maximum
Credit risk
Contractual payment terms for receivables	120 days
South Africa
Credit risk
Percentage of total turnover	42.00%	44.00%	50.00%
Europe
Credit risk
Percentage of total turnover	24.00%	23.00%	22.00%
United States
Credit risk
Percentage of total turnover	18.00%	17.00%	14.00%

Financial risk management and_7

Financial risk management and financial instruments - Expected credit losses (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Receivables \| Impairment
Detail on expected credit losses recognised
Financial assets	R 606	R 1,148
Transfers to classified as held for sale	317
Translation differences	148
Receivables \| Lifetime \| Impairment
Detail on expected credit losses recognised
Financial assets	574	1,101
Receivables \| Lifetime \| Impairment \| Significant increase in credit risk since initial recognition
Detail on expected credit losses recognised
Financial assets	57	361
Receivables \| Lifetime \| Impairment \| Simplified approach for trade receivables
Detail on expected credit losses recognised
Financial assets	9	64
Receivables \| Lifetime \| Impairment \| Credit impaired
Detail on expected credit losses recognised
Financial assets	508	676
Receivables \| 12-months \| Impairment
Detail on expected credit losses recognised
Financial assets	R 32	R 47
Long-term receivables \| AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	58.00%	40.00%
Long-term receivables \| BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	39.00%	20.00%
Long-term receivables \| CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	3.00%	40.00%
Long-term receivables \| Impairment
Detail on expected credit losses recognised
Financial assets	R 91	R 442
Long-term receivables \| Lifetime \| Impairment
Detail on expected credit losses recognised
Financial assets	91	396
Long-term receivables \| Lifetime \| Impairment \| Significant increase in credit risk since initial recognition
Detail on expected credit losses recognised
Financial assets	50	349
Long-term receivables \| Lifetime \| Impairment \| Credit impaired
Detail on expected credit losses recognised
Financial assets	R 41	47
Long-term receivables \| 12-months \| Impairment
Detail on expected credit losses recognised
Financial assets		R 46
Trade receivable \| AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	72.00%	69.00%
Trade receivable \| BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	25.00%	26.00%
Trade receivable \| CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	3.00%	5.00%
Trade receivable \| Impairment
Detail on expected credit losses recognised
Financial assets	R 201	R 363
Trade receivable \| Lifetime \| Impairment
Detail on expected credit losses recognised
Financial assets	201	363
Trade receivable \| Lifetime \| Impairment \| Simplified approach for trade receivables
Detail on expected credit losses recognised
Financial assets	9	64
Trade receivable \| Lifetime \| Impairment \| Credit impaired
Detail on expected credit losses recognised
Financial assets	R 192	R 299
Other receivables \| AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	68.00%	72.00%
Other receivables \| BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	27.00%	10.00%
Other receivables \| CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	5.00%	18.00%
Other receivables \| Impairment
Detail on expected credit losses recognised
Financial assets	R 314	R 343
Other receivables \| Lifetime \| Impairment
Detail on expected credit losses recognised
Financial assets	282	342
Other receivables \| Lifetime \| Impairment \| Significant increase in credit risk since initial recognition
Detail on expected credit losses recognised
Financial assets	7	12
Other receivables \| Lifetime \| Impairment \| Credit impaired
Detail on expected credit losses recognised
Financial assets	275	330
Other receivables \| 12-months \| Impairment
Detail on expected credit losses recognised
Financial assets	R 32	R 1
Cash and cash equivalents \| AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	21.00%	19.00%
Cash and cash equivalents \| BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	79.00%	78.00%
Cash and cash equivalents \| CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost		3.00%

Financial risk management and_8

Financial risk management and financial instruments - Contractual Cash Flows (Details) R in Millions, $ in Billions	12 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2021ZAR (R)	Jun. 30, 2021USD ($)	Jun. 30, 2020ZAR (R)
Financial risk management and financial instruments
Cash conservation through self-help management actions in operational and capital expenditure \| $	$ 2
Contractual cash flows, financial assets		R 71,900		R 72,160
Contractual cash flows, non-derivative liabilities		(174,853)		(271,737)
Contractual cash flows, financial liabilities		(193,059)		(299,074)
Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		64,888		66,361
Contractual cash flows, non-derivative liabilities		(35,247)		(71,874)
Contractual cash flows, financial liabilities		(46,465)		(84,903)
One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,329		2,191
Contractual cash flows, non-derivative liabilities		(71,257)		(43,868)
Contractual cash flows, financial liabilities		(72,217)		(45,408)
Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,149		1,064
Contractual cash flows, non-derivative liabilities		(10,924)		(113,310)
Contractual cash flows, financial liabilities		(11,437)		(114,538)
More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		4,534		2,544
Contractual cash flows, non-derivative liabilities		(57,425)		(42,685)
Contractual cash flows, financial liabilities		(62,940)		(54,225)
Long-term debt
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(119,921)		(188,940)
Long-term debt \| Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(8,997)		(24,213)
Long-term debt \| One to three years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(66,190)		(38,748)
Long-term debt \| Three to five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(6,698)		(109,111)
Long-term debt \| More than five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(38,036)		(16,868)
Bonds, revolving credit facility and term loan \| One to five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities				(126,000)
Lease liabilities
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(31,679)		(38,187)
Lease liabilities \| Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(2,997)		(3,051)
Lease liabilities \| One to three years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(5,067)		(5,120)
Lease liabilities \| Three to five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(4,226)		(4,199)
Lease liabilities \| More than five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(19,389)		(25,817)
Short-term debt
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(60)		(21,888)
Short-term debt \| Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(60)		(21,888)
Trade and other payables
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(22,637)		(21,164)
Trade and other payables \| Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(22,637)		(21,164)
Bank overdraft
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(243)		(645)
Bank overdraft \| Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(243)		(645)
Financial guarantees
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(313)		(913)
Financial guarantees \| Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities		(313)		(913)
Foreign exchange contracts
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(8,134)		(8,770)
Foreign exchange contracts \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(8,134)		(8,770)
Interest rate swap
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(2,234)		(4,143)
Interest rate swap \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(668)		(780)
Interest rate swap \| One to three years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(960)		(1,466)
Interest rate swap \| Three to five years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(513)		(1,165)
Interest rate swap \| More than five years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(93)		(732)
Crude oil put options
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(46)
Crude oil put options \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(46)
Foreign exchange zero cost collars
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities				(2,861)
Foreign exchange zero cost collars \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities				(2,861)
Crude oil zero cost collar
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(1,126)		(174)
Crude oil zero cost collar \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(1,126)		(174)
Crude oil swap options
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(1,175)
Crude oil swap options \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(1,175)
Ethane swap options
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities				(230)
Ethane swap options \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities				(230)
Crude oil futures
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(20)		(66)
Crude oil futures \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(20)		(66)
Other currency derivatives
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(5,422)		(10,990)
Other currency derivatives \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities				(45)
Other currency derivatives \| One to three years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities				(74)
Other currency derivatives \| Three to five years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities				(63)
Other currency derivatives \| More than five years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(5,422)		(10,808)
Other commodity derivatives
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(49)		(103)
Other commodity derivatives \| Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities		(49)		(103)
Non-derivative instruments
Financial risk management and financial instruments
Contractual cash flows, financial assets		60,643		62,747
Non-derivative instruments \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		55,251		56,948
Non-derivative instruments \| One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,098		2,191
Non-derivative instruments \| Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		908		1,064
Non-derivative instruments \| More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		3,386		2,544
Long-term receivables
Financial risk management and financial instruments
Contractual cash flows, financial assets		3,970		5,799
Long-term receivables \| One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,098		2,191
Long-term receivables \| Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		908		1,064
Long-term receivables \| More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,964		2,544
Trade and other receivables
Financial risk management and financial instruments
Contractual cash flows, financial assets		27,218		22,090
Trade and other receivables \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		27,218		22,090
Cash and cash equivalents (excluding restricted cash)
Financial risk management and financial instruments
Contractual cash flows, financial assets		27,559		32,932
Cash and cash equivalents (excluding restricted cash) \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		27,559		32,932
Investments through other comprehensive income
Financial risk management and financial instruments
Contractual cash flows, financial assets		474		511
Investments through other comprehensive income \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		474		511
Other long-term investments
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,422		1,415
Other long-term investments \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets				1,415
Other long-term investments \| More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,422
Foreign exchange contracts
Financial risk management and financial instruments
Contractual cash flows, financial assets		8,169		9,185
Foreign exchange contracts \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		8,169		9,185
Crude oil put options
Financial risk management and financial instruments
Contractual cash flows, financial assets		46		113
Crude oil put options \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		46		113
Foreign exchange zero cost collars
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,150
Foreign exchange zero cost collars \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,150
Ethane swap options
Financial risk management and financial instruments
Contractual cash flows, financial assets		156		104
Ethane swap options \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		156		104
Other commodity derivatives
Financial risk management and financial instruments
Contractual cash flows, financial assets		9		11
Other commodity derivatives \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		9		R 11
Other currency derivatives
Financial risk management and financial instruments
Contractual cash flows, financial assets		1,727
Other currency derivatives \| Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets		107
Other currency derivatives \| One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets		231
Other currency derivatives \| Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		241
Other currency derivatives \| More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets		R 1,148
US Dollar Bond November 2022
Financial risk management and financial instruments
Notional amount \| $			$ 1

Financial risk management and_9

Financial risk management and financial instruments - Foreign Currency Risk (Details) - Foreign exchange zero cost collars	12 Months Ended
	Jun. 30, 2021
Financial risk management and financial instruments
Period of foreign currency exposure hedged	12 months
Maximum
Financial risk management and financial instruments
Maturity period of derivatives	1 year

Financial risk management an_10

Financial risk management and financial instruments - Significant Exchange Rates (Details)	12 Months Ended
	Jun. 30, 2021R / €	Jun. 30, 2021R / €R / $	Jun. 30, 2020R / €	Jun. 30, 2020R / $R / €	Jun. 30, 2021R / $	Jun. 30, 2020R / $
Financial risk management and financial instruments
Average rate	18.38	15.40	17.34	15.69
Closing rate	16.93	16.93	19.46	19.46	14.28	17.33

Financial risk management an_11

Financial risk management and financial instruments - Currency Exposure (Details) - Foreign currency risk - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Financial risk management and financial instruments
Percentage of change in significant exposure used for sensitivity analysis	10.00%	10.00%
Euro
Financial risk management and financial instruments
Net exposure	R (129)	R (563)
Equity impact of decrease in risk exposure	(13)	(56)
Income statement impact of decrease in risk exposure	(13)	(56)
Euro \| External balances
Financial risk management and financial instruments
Net exposure on assets	2,726	1,870
Net exposure on liabilities	(296)	(387)
Net exposure	2,430	1,483
Euro \| Balances between group companies
Financial risk management and financial instruments
Net exposure	(2,559)	(2,046)
US dollar
Financial risk management and financial instruments
Net exposure	(5,878)	(29,677)
Equity impact of decrease in risk exposure	(511)	(2,968)
Income statement impact of decrease in risk exposure	(511)	(2,968)
US dollar \| External balances
Financial risk management and financial instruments
Net exposure on assets	3,709	4,609
Net exposure on liabilities	(1,523)	(2,392)
Net exposure	2,186	2,217
US dollar \| Balances between group companies
Financial risk management and financial instruments
Net exposure	(8,064)	(31,894)
Long-term debt (including lease liabilities) \| Euro \| External balances
Financial risk management and financial instruments
Net exposure on liabilities		(119)
Long-term debt (including lease liabilities) \| US dollar \| External balances
Financial risk management and financial instruments
Net exposure on liabilities		(718)
Trade and other payables \| Euro \| External balances
Financial risk management and financial instruments
Net exposure on liabilities	(296)	(268)
Trade and other payables \| US dollar \| External balances
Financial risk management and financial instruments
Net exposure on liabilities	(1,523)	(1,674)
Long-term receivables \| US dollar \| External balances
Financial risk management and financial instruments
Net exposure on assets	323	427
Trade and other receivables \| Euro \| External balances
Financial risk management and financial instruments
Net exposure on assets	831	394
Trade and other receivables \| US dollar \| External balances
Financial risk management and financial instruments
Net exposure on assets	2,265	3,218
Cash and cash equivalents \| Euro \| External balances
Financial risk management and financial instruments
Net exposure on assets	1,895	1,476
Cash and cash equivalents \| US dollar \| External balances
Financial risk management and financial instruments
Net exposure on assets	R 1,121	R 964

Financial risk management an_12

Financial risk management and financial instruments - Interest Rate Risk (Details) R in Millions, $ in Millions	Jul. 25, 2019item	Jun. 30, 2021ZAR (R)item	Jun. 30, 2021USD ($)item	Jun. 30, 2020ZAR (R)	Jun. 30, 2020USD ($)	Jun. 30, 2019ZAR (R)
Financial risk management and financial instruments
Variable rate as a percentage of total financial assets		94.00%		99.00%
Fixed rate as a percentage of total financial assets		6.00%		1.00%
Variable rate as a percentage of total financial liabilities		7.00%		47.00%
Fixed rate as a percentage of total financial liabilities		93.00%		53.00%
Fair value (gain)/loss recognised in other comprehensive income		R (1,072)		R 2,192		R 287
Variable
Financial risk management and financial instruments
Financial assets		30,062		36,140
Financial liabilities		(7,898)		(97,531)
Net financial instruments		22,164		(61,391)
Fixed
Financial risk management and financial instruments
Financial assets		1,788		525
Financial liabilities		(110,803)		(109,919)
Net financial instruments		(109,015)		(109,394)
Interest rate swap
Financial risk management and financial instruments
Financial liabilities		(2,103)		(4,143)
Interest rate swap \| Cash flow hedge \| North America
Financial risk management and financial instruments
Hedging instrument, liabilities		2,103		4,058
Fair value (gain)/loss recognised in other comprehensive income		(1,072)		2,192
Fair value loss recognised in other operating expenses		89		4
Balance of hedge reserve - continuing hedge relationships		(801)		(1,771)
Balance of hedge reserve - discontinued hedge relationships		R (106)		R 0
Nominal amount		1,751		1,854
Average fixed rate		2.82%		2.82%
Hedge ratio		100.00%		100.00%
Change in hedging instrument fair value used as the basis for recognising hedge ineffectiveness \| $			$ (32)		$ 148
Change in hedged item fair value used as the basis for recognising hedge ineffectiveness \| $			$ (38)		$ 151
Number of instruments traded \| item	7
Number of instruments novated \| item		1	1
Interest rate risk \| Variable
Financial risk management and financial instruments
Percentage of increase in risk variable used for sensitivity analysis		1.00%		1.00%
Percentage of decrease in risk variable used for sensitivity analysis		1.00%		1.00%
Interest rate risk \| Variable \| South Africa
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R 166		R 110
Interest rate risk \| Variable \| Europe
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R 19		15
Minimum reasonably possible repo interest rate		0.00%
Interest rate risk \| Variable \| United States
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R 25		(761)
Minimum reasonably possible repo interest rate		0.00%
Interest rate risk \| Variable \| Other
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R 12		R 21

Financial risk management an_13

Financial risk management and financial instruments - Commodity Price Risk (Details) - $ / bbl	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Maximum
Financial risk management and financial instruments
Dated Brent Crude price	76.44	69.96
Average
Financial risk management and financial instruments
Dated Brent Crude price	54.20	51.22
Minimum
Financial risk management and financial instruments
Dated Brent Crude price	36.21	13.24

Financial risk management an_14

Financial risk management and financial instruments - Statement of Financial Position and Income Statement Impact (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Derivatives and financial guarantees
Financial risk management and financial instruments
Financial assets	R 2,323	R 645
Financial liabilities	(5,173)	(9,891)
Derivatives
Financial risk management and financial instruments
Financial assets	2,323	645
Financial liabilities	(5,073)	(9,761)
Net gain/(loss) on derivative instruments	2,282	(6,997)	R (2,465)
Interest rate swap
Financial risk management and financial instruments
Financial liabilities	(2,103)	(4,143)
Net gain/(loss) on derivative instruments	(37)	(101)	(1,475)
Crude oil put options
Financial risk management and financial instruments
Financial assets	46	113
Financial liabilities	(46)
Net gain/(loss) on derivative instruments	(1,545)	(153)	(498)
Crude oil zero cost collar
Financial risk management and financial instruments
Financial liabilities	(1,126)	(174)
Net gain/(loss) on derivative instruments	(1,871)	(157)
Crude oil swap options
Financial risk management and financial instruments
Financial liabilities	(1,175)
Net gain/(loss) on derivative instruments	(1,267)	(160)
Crude oil futures
Financial risk management and financial instruments
Financial liabilities	(20)	(66)
Net gain/(loss) on derivative instruments	(774)	538	265
Ethane swap options
Financial risk management and financial instruments
Financial assets	156	104
Financial liabilities		(230)
Net gain/(loss) on derivative instruments	680	(732)	(462)
Coal swap options
Financial risk management and financial instruments
Net gain/(loss) on derivative instruments			91
Other commodity derivatives
Financial risk management and financial instruments
Financial assets	9	11
Financial liabilities	(49)	(103)
Foreign exchange contracts
Financial risk management and financial instruments
Financial assets	75	417
Financial liabilities	(40)	(1)
Net gain/(loss) on derivative instruments	1,011	(372)	(794)
Foreign exchange zero cost collars
Financial risk management and financial instruments
Financial assets	1,150
Financial liabilities		(2,861)
Net gain/(loss) on derivative instruments	4,027	(4,298)	323
Other foreign exchange derivatives
Financial risk management and financial instruments
Financial assets	887
Financial liabilities	(514)	(2,183)
Net gain/(loss) on derivative instruments	2,058	(1,562)	R 85
Financial guarantees
Financial risk management and financial instruments
Financial liabilities	R (100)	R (130)

Financial risk management an_15

Financial risk management and financial instruments - Derivatives Entered (Details) $ in Millions	12 Months Ended
	Jun. 30, 2021USD ($)$ / bblMMBbls$ / galR / $	Jun. 30, 2020USD ($)$ / gal$ / bblR / $MMBbls
Crude oil put options
Financial risk management and financial instruments
Premium paid \| $	$ 93.8	$ 17.4
Number of barrels hedged restructured and replaced by other category	23.5
Number of barrels terminated	13.5
Number of barrels sold	10
Crude oil put options purchased
Financial risk management and financial instruments
Number of barrels - open positions	10	5.5
Number of barrels - settled	(32.5)	1
Annual average floor price \| $ / bbl	40.5	34.5
Crude oil put options sold
Financial risk management and financial instruments
Number of barrels - open positions	(10)
Annual average floor price \| $ / bbl	43.2
Crude oil zero cost collar
Financial risk management and financial instruments
Number of barrels - open positions	24	3.1
Number of barrels - settled	5.1
Annual average floor price \| $ / bbl	60.1	31.8
Annual average cap price \| $ / bbl	72	39.9
Crude oil swap options
Financial risk management and financial instruments
Number of barrels - open positions	18
Number of barrels - settled		5
Annual average floor price \| $ / bbl	67.2
Crude oil futures
Financial risk management and financial instruments
Contract/Notional amount - open positions \| $	$ 108	$ 36
Ethane swap options
Financial risk management and financial instruments
Number of barrels - open positions	4	21.5
Number of barrels - settled	26.2	17.4
Annual average floor price \| $ / gal	23.2	19.8
Foreign exchange contracts
Financial risk management and financial instruments
Contract/Notional amount - open positions \| $	$ 262	$ 481
Foreign exchange zero cost collars
Financial risk management and financial instruments
Contract/Notional amount - open positions \| $	2,800	5,370
Contract/Notional amount - settled \| $	$ 5,370	$ 4,725
Annual average floor price \| R / $	14.54	14.80
Annual average cap price \| R / $	17.52	17.77

Financial risk management an_16

Financial risk management and financial instruments - Fair Value (Details) R in Millions	12 Months Ended
	Jun. 30, 2021ZAR (R)item	Jun. 30, 2020ZAR (R)
Financial risk management and financial instruments
Transfers from Level 1 to Level 2, assets	R 0
Transfers from Level 2 to Level 1, assets	0
Transfers into Level 3, assets	0
Transfers out of Level 3, assets	0
Transfers from Level 1 to Level 2, liabilities	0
Transfers from Level 2 to Level 1, liabilities	0
Transfers into Level 3, liabilities	0
Transfers out of Level 3, liabilities	0
Listed long-term debt
Financial risk management and financial instruments
Financial liabilities - fair value	72,226	R 50,701
Listed long-term debt \| Level 1
Financial risk management and financial instruments
Financial liabilities - fair value	72,226	50,701
Unlisted long-term debt
Financial risk management and financial instruments
Financial liabilities - fair value	34,274	109,724
Unlisted long-term debt \| Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	34,274	109,724
Short-term debt and bank overdraft
Financial risk management and financial instruments
Financial liabilities - fair value	303	22,533
Short-term debt and bank overdraft \| Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	303	22,533
Trade and other payables
Financial risk management and financial instruments
Financial liabilities - fair value	22,637	21,164
Trade and other payables \| Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	22,637	21,164
Commodity and currency derivative liabilities \| Level 2
Financial risk management and financial instruments
Financial liabilities - fair value	2,456	3,435
Interest rate swap \| Level 2
Financial risk management and financial instruments
Financial liabilities - fair value	R 2,103	4,143
Embedded derivative
Financial risk management and financial instruments
Number of embedded derivatives separately recognised \| item	2
Embedded derivative \| Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	R 514	2,168
Embedded derivative, US dollar portion
Financial risk management and financial instruments
Financial liabilities - fair value	514	2,183
Investments in listed securities
Financial risk management and financial instruments
Financial assets - fair value	466	498
Investments in listed securities \| Level 1
Financial risk management and financial instruments
Financial assets - fair value	466	498
Investments in unlisted securities
Financial risk management and financial instruments
Financial assets - fair value	8	13
Investments in unlisted securities \| Level 3
Financial risk management and financial instruments
Financial assets - fair value	8	13
Other long-term investments
Financial risk management and financial instruments
Financial assets - fair value	1,422	1,415
Other long-term investments \| Level 1
Financial risk management and financial instruments
Financial assets - fair value	1,422	1,390
Other long-term investments \| Level 3
Financial risk management and financial instruments
Financial assets - fair value		25
Long-term receivables
Financial risk management and financial instruments
Financial assets - fair value	3,879	5,799
Long-term receivables \| Level 3
Financial risk management and financial instruments
Financial assets - fair value	3,879	5,799
Commodity and currency derivative assets \| Level 2
Financial risk management and financial instruments
Financial assets - fair value	1,436	645
Embedded derivative \| Level 3
Financial risk management and financial instruments
Financial assets - fair value	887
Embedded derivative, US dollar portion
Financial risk management and financial instruments
Financial assets - fair value	256
Embedded derivative, EUR portion
Financial risk management and financial instruments
Financial assets - fair value	631
Trade and other receivables
Financial risk management and financial instruments
Financial assets - fair value	27,218	22,066
Trade and other receivables \| Level 3
Financial risk management and financial instruments
Financial assets - fair value	27,218	22,066
Cash and cash equivalents
Financial risk management and financial instruments
Financial assets - fair value	31,231	34,739
Cash and cash equivalents \| Level 1
Financial risk management and financial instruments
Financial assets - fair value	R 31,231	R 34,739

Financial risk management an_17

Financial risk management and financial instruments - Significant Derivatives Sensitivity Analysis (Details) R in Millions	12 Months Ended
	Jun. 30, 2021ZAR (R)R / $$ / bbl$ / gal	Jun. 30, 2020ZAR (R)R / $$ / gal$ / bbl
Volatility
Financial risk management and financial instruments
Increase in significant input variable (as a percent)	2.00%	2.00%
Decrease in significant input variable (as a percent)	(2.00%)	(2.00%)
Ethane price
Financial risk management and financial instruments
Increase in price or rate assumption \| $ / gal	2	2
Decrease in price or rate assumption \| $ / gal	(2)	(2)
Crude oil price
Financial risk management and financial instruments
Increase in price or rate assumption \| $ / bbl	2	2
Decrease in price or rate assumption \| $ / bbl	(2)	(2)
USD/ZAR spot price
Financial risk management and financial instruments
Increase in price or rate assumption \| R / $	1	1
Decrease in price or rate assumption \| R / $	(1)	(1)
USD Libor curve
Financial risk management and financial instruments
Decrease in significant input variable (as a percent)	(0.50%)	(0.50%)
USD Swap curve
Financial risk management and financial instruments
Increase in significant input variable (as a percent)	0.10%	0.10%
Decrease in significant input variable (as a percent)	(0.10%)	(0.10%)
Rand Swap curve
Financial risk management and financial instruments
Increase in significant input variable (as a percent)	1.00%	1.00%
Decrease in significant input variable (as a percent)	(1.00%)	(1.00%)
Crude oil swap options \| Crude oil price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	R (385)
Impact on fair value from decrease in significant input variable	385
Crude oil put options \| Crude oil price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable		R (45)
Impact on fair value from decrease in significant input variable		55
Ethane swap options \| Ethane price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	14	329
Impact on fair value from decrease in significant input variable	(14)	(329)
Foreign exchange zero cost collars \| Volatility
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	86	(196)
Impact on fair value from decrease in significant input variable	(86)	209
Foreign exchange zero cost collars \| USD/ZAR spot price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	(1,702)	(2,504)
Impact on fair value from decrease in significant input variable	R 1,702	2,172
Minimum weakening of exchange rate for fair value impact \| R / $	3.24
Gain (loss) for derivatives settled at spot price between cap and floor	R 0
Derivative cap \| R / $	17.52
Crude oil zero cost collar \| Volatility
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	R (29)	(12)
Impact on fair value from decrease in significant input variable	29	14
Crude oil zero cost collar \| Crude oil price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	(382)	(81)
Impact on fair value from decrease in significant input variable	382	72
Interest rate swap \| USD Libor curve
Financial risk management and financial instruments
Impact on fair value from decrease in significant input variable	559	811
Oxygen supply contract embedded derivative \| USD/ZAR spot price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	(601)	(506)
Impact on fair value from decrease in significant input variable	601	506
Oxygen supply contract embedded derivative \| USD Swap curve
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	98	117
Impact on fair value from decrease in significant input variable	(99)	(120)
Oxygen supply contract embedded derivative \| Rand Swap curve
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	(825)	(724)
Impact on fair value from decrease in significant input variable	R 955	R 860