Sasol Limited (SSL) 20-F 31 Aug 22 2022 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Jun. 30, 2022 shares
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, 2022
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	2022
Document Fiscal Period Focus	FY
ICFR Auditor Attestation Flag	true
Auditor Name	PricewaterhouseCoopers Inc.
Auditor Firm ID	1308
Auditor Location	Johannesburg, Republic of South Africa
Business Contact
Entity Information
City Area Code	+27
Local Phone Number	10 344 3060
Contact Personnel Name	Hanre Rossouw
Contact Personnel Email Address	Email hanre.rossouw@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	629,345,470
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
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Statement
Turnover	R 275,738	R 201,910	R 190,367
Materials, energy and consumables used	(126,991)	(85,370)	(90,109)
Selling and distribution costs	(8,677)	(8,026)	(8,388)
Maintenance expenditure	(13,322)	(12,115)	(10,493)
Employee-related expenditure	(32,455)	(32,848)	(30,667)
Exploration expenditure and feasibility costs	(366)	(295)	(608)
Depreciation and amortisation	(14,073)	(17,644)	(22,327)
Other expenses and income	(31,468)	(6,589)	(27,376)
Translation gains/(losses)	693	5,510	(6,542)
Other operating expenses and income	(32,161)	(12,099)	(20,834)
Equity accounted profits/(losses), net of tax	3,128	814	(347)
Operating profit before remeasurement items	51,514	39,837	52
Remeasurement items affecting operating profit	9,903	(23,218)	(111,978)
Earnings/(loss) before interest and tax (EBIT/(LBIT))	61,417	16,619	(111,926)
Finance income	1,020	856	922
Finance costs	(6,896)	(6,758)	(7,303)
Earnings/(loss) before tax	55,541	10,717	(118,307)
Taxation	(13,869)	(185)	26,390
Earnings/(loss) for the year	41,672	10,532	(91,917)
Attributable to
Owners of Sasol Limited	38,956	9,032	(91,754)
Non-controlling interests in subsidiaries	2,716	1,500	(163)
Earnings/(loss) for the year	R 41,672	R 10,532	R (91,917)
Per share information
Basic earnings/(loss) per share (in rand per share)	R 62.34	R 14.57	R (148.49)
Diluted earnings/(loss) per share (in rand per share)	R 61.36	R 14.39	R (148.49)

Statement of comprehensive inco

Statement of comprehensive income - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Statement of comprehensive income
Earnings/(loss) for the year	R 41,672	R 10,532	R (91,917)
Other comprehensive income, net of tax
Items that can be subsequently reclassified to the income statement	(92)	(16,246)	24,123
Effect of translation of foreign operations	7,026	(13,741)	26,720
Effect of cash flow hedges	1,110	1,072	(2,192)
Foreign currency translation reserve on disposal of business reclassified to the income statement	(8,024)	(3,388)	(801)
Tax on items that can be subsequently reclassified to the income statement	(204)	(189)	396
Items that cannot be subsequently reclassified to the income statement	1,616	623	(205)
Remeasurement on post-retirement benefit obligation	2,415	834	(147)
Fair value of investments through other comprehensive income	(54)	(12)	(112)
Tax on items that cannot be subsequently reclassified to the income statement	(745)	(199)	54
Total comprehensive income/(loss) for the year	43,196	(5,091)	(67,999)
Attributable to
Owners of Sasol Limited	40,485	(6,578)	(67,865)
Non-controlling interests in subsidiaries	2,711	1,487	(134)
Total comprehensive income/(loss) for the year	R 43,196	R (5,091)	R (67,999)

Statement of comprehensive in_2

Statement of comprehensive income (Parenthetical) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R)
Statement
Foreign currency translation reserve on disposal of business reclassified to the income statement	R 8,024
Canadian shale gas assets
Statement
Foreign currency translation reserve on disposal of business reclassified to the income statement	4,900
Wax business
Statement
Foreign currency translation reserve on disposal of business reclassified to the income statement	R 2,900

Statement of financial position

Statement of financial position - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Assets
Property, plant and equipment	R 221,308	R 198,021
Right of use assets	12,629	12,903
Goodwill and other intangible assets	3,051	2,482
Equity accounted investments	12,684	10,142
Other long-term investments	2,024	1,896
Post-retirement benefit assets	633	591
Long-term receivables and prepaid expenses	3,210	4,224
Long-term financial assets	555	809
Deferred tax assets	31,198	24,511
Non-current assets	287,292	255,579
Inventories	41,110	29,742
Tax receivable	732	1,113
Trade and other receivables	46,671	30,933
Short-term financial assets	313	1,514
Cash and cash equivalents	43,140	31,231
Current assets	131,966	94,533
Assets in disposal groups held for sale	290	10,631
Total assets	419,548	360,743
Equity and liabilities
Shareholders' equity	188,623	146,489
Non-controlling interests	4,574	5,982
Total equity	193,197	152,471
Long-term debt	82,500	97,137
Lease liabilities	14,266	13,906
Long-term provisions	16,550	16,164
Post-retirement benefit obligations	10,063	13,297
Long-term deferred income	372	400
Long-term financial liabilities	276	2,011
Deferred tax liabilities	10,549	7,793
Non-current liabilities	134,576	150,708
Short-term debt	24,184	7,337
Short-term provisions	3,144	5,064
Tax payable	3,142	806
Trade and other payables	53,555	36,670
Short-term deferred income	724	576
Short-term financial liabilities	6,851	3,162
Bank overdraft	173	243
Current liabilities	91,773	53,858
Liabilities in disposal groups held for sale	2	3,706
Total equity and liabilities	R 419,548	R 360,743

Statement of changes in equity

Statement of changes in equity - ZAR (R) R in Millions	Shareholders' equity Adjustment on initial application of IFRS 16, net of tax IFRS 16	Shareholders' equity Revised balance at beginning of year	Shareholders' equity	Share capital Revised balance at beginning of year	Share capital	Share-based payment reserve Revised balance at beginning of year	Share-based payment reserve	Investment fair value reserve Revised balance at beginning of year	Investment fair value reserve	Foreign currency translation reserve Revised balance at beginning of year	Foreign currency translation reserve	Cash flow hedge accounting reserve	Remeasurements on post-retirement benefit obligations Revised balance at beginning of year	Remeasurements on post-retirement benefit obligations	Retained earnings Adjustment on initial application of IFRS 16, net of tax IFRS 16	Retained earnings Revised balance at beginning of year	Retained earnings	Non-controlling interests Revised balance at beginning of year	Non-controlling interests	Adjustment on initial application of IFRS 16, net of tax IFRS 16	Revised balance at beginning of year	Total
Balance at beginning of year at Jun. 30, 2019	R (290)	R 216,934	R 217,224	R 9,888	R 9,888	R 410	R 410	R 132	R 132	R 29,978	R 29,978		R (2,204)	R (2,204)	R (290)	R 178,730	R 179,020	R 5,885	R 5,885	R (290)	R 222,819	R 223,109
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			(67,865)						(83)		25,871	R (1,771)		(128)			(91,754)		(134)			(67,999)
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 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			146,489		9,888		900		39		38,752	(907)		(1,699)			99,516		5,982			152,471
Disposal of businesses			452											456			(4)		(3,141)			(2,689)
Other movements			(72)														(72)		(119)			(191)
Movement in share-based payment reserve			1,318				1,318															1,318
Share-based payment expense			1,164				1,164															1,164
Deferred tax			154				154															154
Long-term incentives vested and settled							(904)										904
Total comprehensive (loss)/income for the year			40,485						(35)		(999)	907		1,656			38,956		2,711			43,196
Profit/(loss)			38,956														38,956		2,716			41,672
other comprehensive income/(loss) for the year			1,529						(35)		(999)	R 907		1,656					(5)			1,524
Dividends paid			(49)														(49)		(859)			(908)
Balance at end of year at Jun. 30, 2022			R 188,623		R 9,888		R 1,314		R 4		R 37,753			R 413			R 139,251		R 4,574			R 193,197

Statement of cash flows

Statement of cash flows - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Statement of cash flows
Cash receipts from customers	R 266,324	R 194,712	R 196,798
Cash paid to suppliers and employees	(210,186)	(149,598)	(154,414)
Cash generated by operating activities	56,138	45,114	42,384
Dividends received from equity accounted investments	3,043	37	208
Finance income received	986	837	792
Finance costs paid	(5,478)	(6,173)	(7,154)
Tax paid	(13,531)	(5,280)	(5,659)
Cash available from operating activities	41,158	34,535	30,571
Dividends paid	(49)	(46)	(31)
Dividends paid to non-controlling shareholders in subsidiaries	(859)	(446)	(810)
Cash retained from operating activities	40,250	34,043	29,730
Additions to non-current assets	(23,269)	(18,214)	(41,935)
additions to property, plant and equipment	(22,593)	(15,945)	(35,145)
additions to other intangible assets	(120)	(3)	(19)
decrease in capital project related payables	(556)	(2,266)	(6,771)
Cash movements in equity accounted investments	(67)		(284)
Proceeds on disposals and scrappings	8,484	43,214	4,285
Movement in assets held for sale	(549)	(427)
Acquisition of interest in equity accounted investments	(56)		(512)
Purchase of investments	(95)	(124)	(121)
Proceeds from sale of investments	26	168	483
Decrease/(increase) in long-term receivables	449	476	(466)
Cash (used in)/received from investing activities	(15,077)	25,093	(38,550)
Proceeds from long-term debt	88	26,057	36,487
Repayment of long-term debt	(12,086)	(61,454)	(28,335)
Payment of lease liabilities	(2,264)	(2,180)	(2,061)
Repayment of debt held for sale	(704)	(980)
Proceeds from short-term debt	28	9	19,998
Repayment of short-term debt	(15)	(19,717)	(977)
Cash (used in)/generated by financing activities	(14,953)	(58,265)	25,112
Translation effects on cash and cash equivalents	1,759	(2,916)	3,607
Increase/(decrease) in cash and cash equivalents	11,979	(2,045)	19,899
Cash and cash equivalents at the beginning of year	30,988	34,094	15,819
Reclassification to disposal groups held for sale and other long-term investments		(1,061)	(1,624)
Cash and cash equivalents at the end of the year	R 42,967	R 30,988	R 34,094

Statement of cash flows (Parent

Statement of cash flows (Parenthetical) R in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 ZAR (R)	Jun. 30, 2020 USD ($)	Nov. 30, 2019 ZAR (R)	Nov. 30, 2019 USD ($)
Statement
Movement in assets held for sale	R 549	R 427
Proceeds from long-term debt	88	26,057		R 36,487
Repayment of long-term debt	12,086	61,454		28,335
Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Statement
Movement in assets held for sale	R 1,000
Bonds issued in March 2021
Statement
Proceeds from long-term debt		23,100	$ 1,500
Term loans
Statement
Repayment of long-term debt		5,400	350
Revolving credit facility | Sasol Financing International Limited
Statement
Repayment of long-term debt		R 55,400	$ 3,600	R 23,500	$ 1,500
Syndicated loan facility
Statement
Notional amount						R 17,000	$ 1,000

Segment information

Segment information	12 Months Ended
	Jun. 30, 2022
Segment information
Segment information	SEGMENT INFORMATION ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Chemicals ​ Chemicals ​ Chemicals ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mining ​ Gas ​ Fuels ​ Africa ​ America ​ Eurasia ​ Corporate Centre ​ Total ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 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 ​ 6 370 2 025 1 343 7 789 7 321 8 350 100 988 59 393 60 816 64 054 58 260 51 600 41 496 29 358 28 721 55 011 45 539 39 537 30 14 — 275 738 201 910 190 367 ​ Total turnover ​ 24 386 21 704 19 891 11 941 10 990 12 419 102 964 60 649 62 553 67 275 60 597 54 310 41 926 29 360 28 809 55 419 46 038 39 989 56 26 30 303 967 229 364 218 001 ​ Intersegmental turnover ​ (18 016) (19 679) (18 548) (4 152) (3 669) (4 069) (1 976) (1 256) (1 737) (3 221) (2 337) (2 710) (430) (2) (88) (408) (499) (452) (26) (12) (30) (28 229) (27 454) (27 634) ​ Equity accounted profits, net of tax ​ (1) (3) (2) (4) — — 3 043 742 (347) 90 83 21 — — — — 1 — — (9) (19) 3 128 814 (347) ​ Earnings/(loss) before interest and tax ​ 3 456 3 227 2 756 14 622 6 656 5 527 27 959 (18 170) (11 609) 24 072 6 957 (17 035) 981 8 116 (77 556) 7 552 4 680 (894) (17 225) 5 153 (13 115) 61 417 16 619 (111 926) ​ Remeasurement items* ​ 228 46 113 (8 499) (655) (30) 217 23 196 11 990 (1 343) 7 889 24 122 2 807 (7 336) 73 166 (2 965) (86) 2 387 (348) 164 230 (9 903) 23 218 111 978 ​ Depreciation and amortisation ​ 2 230 ​ 2 223 2 080 500 1 463 2 002 1 468 3 401 4 809 3 667 4 461 5 649 3 917 3 637 5 085 1 576 1 687 1 821 715 772 881 14 073 17 644 22 327 ​ Statement of cash flows ​ ​ Additions to non-current assets** ​ 2 552 2 704 2 859 2 569 711 1 539 6 325 3 549 5 232 7 308 5 508 6 845 1 909 1 152 15 654 1 402 1 796 2 158 648 528 877 22 713 15 948 35 164 ​ * Excludes equity accounted investments. ** Excludes capital project related payables. GEOGRAPHIC SEGMENT INFORMATION ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ Rest of Africa ​ United States ​ Rest of North America ​ Europe ​ Rest of World ​ Total operations ​ ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm External turnover* 133 403 84 844 84 528 9 428 8 853 7 776 44 080 31 247 28 295 5 231 4 183 3 758 58 177 48 529 44 280 25 419 24 254 21 730 275 738 201 910 190 367 Earnings/(loss) before interest and tax** 29 305 (7 523) (37 029) 1 985 4 541 1 821 4 644 9 616 (75 827) 5 219 646 (481) 12 406 5 354 105 7 858 3 985 (515) 61 417 16 619 (111 926) Tax paid 11 739 6 622 3 138 1 032 955 1 607 36 (3 340) 20 — — — 657 997 854 67 46 40 13 531 5 280 5 659 Non-current assets*** 90 524 76 070 106 922 15 041 14 116 18 896 123 618 113 088 106 371 — — 1 329 16 161 16 748 18 948 10 117 10 455 11 968 255 461 230 477 264 434 * 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 the 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. 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 customer 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
	Jun. 30, 2022
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 31 August 2022 and will be presented to shareholders at the Annual General Meeting on 18 November 2022. Basis of preparation of financial results The consolidated financial statements are prepared using the historic cost convention except that, certain items, including derivative instruments, 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. Climate change Climate change is a defining challenge of our time, with impacts threatening our critical ecosystems, habitats and resources. Sasol supports the Paris Agreement and its calls for higher ambition to reduce the impact of emissions on the planet. We have deepened our commitment to this cause through our updated and newly-developed roadmaps, targets and ambition for the short, medium and long term. In September 2021, we launched our 2050 net zero emissions ambition and Future Sasol strategy, which places us on a trajectory towards a significantly reduced GHG emissions profile. We have set a target to achieve a 30% reduction of scope 1 and 2 emissions for our Energy and International Chemicals business and a 20% emission reduction from the use of energy products for our Energy business by 2030 as we progress towards our Net Zero ambition by 2050 for all operations. Where reasonable and supportable, management has considered the impact of these 2030 targets on a number of key estimates within the financial statements including the estimates of future cash flows used in impairment assessments of non-current assets (refer to note 9), useful lives of property, plant and equipment (refer to note 19), capital commitments (refer to note 19), the estimates of future profitability used in our assessment of the recoverability of deferred tax assets (refer to note 14) and the timing and amount of environmental obligations (refer to note 32). IBOR reform A fundamental reform of major interest rate benchmarks is being undertaken globally, including the replacement of some interbank offered rates (IBORs) with alternative nearly risk-free rates (referred to as ‘IBOR reform’). The Group’s remaining exposure to IBORs arise from the US Dollar-denominated term loan and revolving credit facilities which reference the variable 3-month US dollar London Interbank Overnight Rate (LIBOR). On 29 September 2021 the Financial Conduct Authority (FCA) confirmed that it expects that the 3-month US dollar settings will continue to be published based on the current ‘panel bank’ LIBOR methodology, and on a representative basis, until end-June 2023. ​ 1 Statement of compliance continued As a result, the contractual arrangements relating to the term loan and revolving credit facilities were amended to replace the US dollar LIBOR with the Secured Overnight Financing Rate (SOFR) effective 15 March 2022. The transition also entailed the addition of a fixed credit adjustment spread to the SOFR and new fallback clauses. The fixed credit adjustment spread is based on the rate published by Bloomberg Index Services Limited following the FCA‘s Cessation Announcement on 5 March 2021. The Group has applied the relief of ‘Interest Rate Benchmark Reform – Phase 2 Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16’ (IBOR reform Phase 2) to these contract amendments. The reliefs apply upon the transition of a financial instrument from an IBOR to a risk-free-rate (RFR). Changes to the basis for determining contractual cash flows as a result of interest rate benchmark reform are required as a practical expedient to be treated as changes to a floating interest rate, provided that the transition from the IBOR benchmark rate to RFR takes place on an economically equivalent basis. The group entered into seven interest rate swaps in July 2019 to hedge its exposure to the variable USD LIBOR. The interest rate swaps were designated as hedging instruments in a cash flow hedge. Effective 15 March 2022, two of the swaps were transitioned to SOFR on the same basis as for the above debt instruments. The group applied the reliefs provided by IBOR reform Phase 2 that allow the Group’s hedging relationships to continue upon the replacement of an existing interest rate benchmark with an RFR. For the remaining swaps, the Phase 1 amendments allowed 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. Hedge ineffectiveness arising from the impacts of the reform was immaterial and has been fully recognised in profit or loss. In June 2022, all of the interest rate swaps were terminated. Refer to note 39. As at 30 June 2022 the group has no remaining exposure to LIBOR. The group also has exposure to the Johannesburg Interbank Average Rate (JIBAR). The South African Reserve Bank has indicated their intention to move away from JIBAR and to create an alternative reference rate for South Africa. This reform is at various stages globally, and a suitable alternate 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. The group's corporate treasury function monitors and manages the group's transition to alternative rates and evaluates the extent to which contracts reference IBOR cash flows, whether such contracts will need to be amended as a result of IBOR reform and how to manage communication about IBOR reform with counterparties. The group's corporate treasury function reports to the board of directors and collaborates with other business functions as needed. 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 2021. These accounting policies are consistently applied throughout the group. ​ 1 Statement of compliance continued Reportable irregularity raised by independent auditor A management review was commissioned following the revisions to the Energy production volume forecast issued on 14 December 2021. The objective of the independent review was to assess the current governance framework in place over the production volume forecasting process, integrated planning and performance management process within the Energy business and the resultant input into the forecast process, the effectiveness thereof (including a detailed root cause analysis) and recommendations for improvement. Sasol’s independent auditor, PricewaterhouseCoopers Incorporated (PwC), reported a reportable irregularity as defined in the Auditing Profession Act number 26 of 2005 (RI) to the Independent Regulatory Board for Auditors in South Africa. PwC has concluded that the act or omission has been remediated, is no longer continuing and that adequate steps have been taken for the prevention or recovery of any loss as a result thereof. The RI had no impact on the financial results for the six months ended 31 December 2021. PwC expressed an unmodified review opinion on the condensed consolidated interim financial statements for the six months ended 31 December 2021 and unmodified audit opinion at 30 June 2022. The RI pertained to the revision to the Energy production volume forecast. The Board has put the necessary corrective actions in place including, but not limited to, structural changes and enhanced internal controls and governance processes, and has concluded that the RI has been closed. Accounting standards, amendments and interpretations issued which are relevant to the group, but not yet effective The group continuously evaluates the impact of new accounting standards, amendments to accounting standards and interpretations. It is expected that where applicable, these standards and amendments will be adopted on each respective effective date as indicated below. The new accounting standards and amendments to accounting standards issued which are relevant to the group, but not yet effective on 30 June 2022, include: Amendment to IAS 16 ‘Property, plant and equipment’ The amendment prohibits deducting from the cost of an item of property, plant and equipment any proceeds from selling items produced while bringing that asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Instead, an entity recognises the proceeds from selling such items, and the cost of producing those items, in profit or loss. The amendments are effective for the group’s reporting period beginning on 1 July 2022 and will be applied retrospectively to items of property, plant and equipment that are brought to the location and condition necessary for them to be capable of operating in the manner intended by management on or after the beginning of the earliest period presented in the financial statements in which the group first applies the amendments. The amendments are not expected to result in a material restatement of previously reported amounts. ​ 1 Statement of compliance continued Amendments to IAS 37 ‘Provisions, Contingent Liabilities and Contingent Assets’ The amendments specify which costs an entity needs to include when assessing whether a contract is onerous or loss-making. The amendments apply a ‘directly related cost approach’. The costs that relate directly to a contract to provide goods or services include both incremental costs (e.g. the costs of direct labour and materials) and an allocation of costs directly related to contract activities (e.g. depreciation of equipment used to fulfil the contract). The amendments are effective for the group’s reporting period beginning on 1 July 2022. The effect of the implementation of the standard will not have a material impact on the group’s results. IFRS 17 ‘Insurance Contracts’ IFRS 17 supersedes IFRS 4 ‘Insurance Contracts’ which currently permits a wide variety of practices in accounting for insurance contracts. The overall objective of IFRS 17 is to provide an accounting model for insurance contracts that is more useful and consistent for insurers. IFRS 17 applies to all types of insurance contracts (i.e. life, non-life, direct insurance and re-insurance) regardless of the type of entities that issue them, as well as to certain guarantees and financial instruments with discretionary participation features. A few scope exceptions will apply. IFRS 17 is effective for the group’s reporting period starting on 1 July 2023, with comparative figures required. The effect of the implementation of the new standard is ongoing but is not expected to have a material impact on the group’s results. 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. The amendments 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.

Turnover

Turnover	12 Months Ended
	Jun. 30, 2022
Turnover
Turnover	2 Turnover ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June Rm ​ Rm ​ Rm Revenue by major product line ​ ​ ​ ​ ​ ​ ​ ​ Energy business ​ 108 990 65 676 67 415 ​ Coal 1 ​ 6 370 2 025 1 343 ​ Liquid fuels and crude oil 2 ​ 96 036 58 265 60 119 ​ Gas (methane rich and natural gas) and condensate 3 ​ 6 584 5 386 5 953 ​ Chemicals business ​ ​ 160 407 ​ 133 136 ​ 119 840 ​ Advanced materials 4 ​ ​ 7 249 ​ 7 380 ​ 7 200 ​ Base chemicals 5 ​ ​ 51 223 ​ 45 684 ​ 40 262 ​ Essential care 6 ​ ​ 62 989 ​ 44 314 ​ 40 112 ​ Performance solutions 7 ​ ​ 38 946 ​ 35 758 ​ 32 266 ​ Other (Technology, refinery services) 8 ​ 2 550 2 288 2 313 ​ Revenue from contracts with customers ​ 271 947 201 100 189 568 ​ Revenue from other contracts 9 ​ 3 791 810 799 ​ Total external turnover ​ 275 738 201 910 190 367 ​ 1 Derived from Mining segment. 2 Derived from Fuels segment. 3 Derived primarily from Gas segment. 4 Approximately 25% (2021 – 37%; 2020 – 29%) of revenue from advanced materials is derived from Chemicals Africa while 58% (2021 - 52%; 2020 - 56%) is derived from Chemicals Eurasia and the remaining revenue is derived from Chemicals America. 5 Approximately 64% (2021 – 59%; 2020 – 59%) of revenue from base chemicals is derived from Chemicals Africa while 36% (2021 – 33%; 2020 – 29%) is derived from Chemicals America and the remaining revenue is derived from Chemicals Eurasia. 6 Approximately 68% (2021 & 2020 - 70%) of revenue from essential care products is derived from Chemicals Eurasia while approximately 30% is derived from Chemicals America and the remaining revenue in 2022 was derived from Chemicals Africa. 7 Approximately 21% (2021: 22% & 2020: 20%) of revenue from performance solutions is derived from Chemicals Eurasia while approximately 71% (2021 & 2020 - 75%) is derived from Chemicals Africa and 8% (2021: 3% & 2020: 6%) is derived from Chemicals America. 2021 and 2020 percentages were updated based on volumes. 8 Relates primarily to the Gas and Fuels segments. 9 Relates to the Fuels segment and includes franchise rentals, use of fuel tanks, fuel storage and Sasol Oil slate. 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 11 to 13. ​ 2 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
	Jun. 30, 2022
Materials, energy and consumables used
Materials, energy and consumables used	3 Materials, energy and consumables used* ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Cost of raw materials 103 599 71 016 78 030 Cost of energy and other consumables used in production process 23 392 14 354 12 079 ​ 126 991 85 370 90 109 * 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* ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Contractual obligations** ​ ​ ​ Within one year 50 642 28 603 23 782 One to five years 67 042 39 977 36 092 More than five years 81 240 73 283 80 131 ​ ​ 198 924 ​ 141 863 ​ 140 005 * ** ​ 3 Materials, energy and consumables used* continued 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 R86 528 million (2021: R85 013 million) and ORYX GTL of R2 116 million (2021: R1 748 million) for a contracted minimum off-take gas volume. The Oxygen Train 17 oxygen supply agreement runs until 2037, with an option to renew the contract until 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
	Jun. 30, 2022
Employee-related expenditure
Employee-related expenditure	4 Employee-related expenditure ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Analysis of employee costs ​ ​ ​ ​ ​ ​ ​ ​ ​ Labour ​ ​ 32 141 31 683 30 266 ​ salaries, wages and other employee-related expenditure ​ ​ 30 068 29 786 27 964 ​ post-retirement benefits 1 ​ ​ 2 073 1 897 2 302 ​ Share-based payment expenses ​ ​ 1 139 1 905 1 741 ​ equity-settled 35 ​ 1 164 1 927 1 946 ​ cash-settled ​ ​ (25) (22) (205) ​ Total employee-related expenditure ​ ​ 33 280 33 588 32 007 ​ Costs capitalised to projects ​ ​ (825) (740) (1 340) ​ Per income statement ​ ​ 32 455 32 848 30 667 ​ 1 Employer contributions to the retirement funds were suspended for the period 1 May 2020 to 31 July 2020. These were then reinstated in FY21 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Number Number Number Permanent employees ​ 28 279 ​ 28 725 ​ 30 670 Non-permanent employees 351 224 331 ​ 28 630 28 949 31 001 ​

Translation gains_(losses)

Translation gains/(losses)	12 Months Ended
	Jun. 30, 2022
Translation gains/(losses)
Translation gains/(losses)	5 Translation gains/(losses) ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Arising from ​ ​ ​ Trade and other receivables 456 (1 233) 1 275 Trade and other payables 147 158 (891) Foreign currency loans* (785) 6 318 (6 946) Other 875 267 20 ​ 693 5 510 (6 542) * Relates to intergroup exposure on foreign currency loans. During the current year a significant repayment was made on the loan provided by Sasol Financing International to Sasol Investment Company for the partial funding of the LCCP with US dollar funds.

Other operating expenses and in

Other operating expenses and income	12 Months Ended
	Jun. 30, 2022
Other operating expenses and income
Other operating expenses and income	6 Other operating expenses and income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Rm Rm Rm Insurance ​ 710 739 681 ​ Computer costs ​ 2 745 2 563 2 469 ​ Hired labour ​ 694 565 844 ​ Audit remuneration ​ 131 136 144 ​ Derivative losses/(gains) (including foreign exchange contracts) 1 ​ 18 325 (2 282) 6 997 ​ Professional fees 2 ​ 1 916 2 828 2 067 ​ Changes in rehabilitation provisions 3 ​ 866 (361) (2 078) ​ Expected credit losses (released)/raised ​ (39) ​ (87) ​ 418 ​ Other expenses ​ 9 847 10 022 10 738 ​ Other operating income 4 ​ (3 034) (2 024) (1 446) ​ ​ ​ 32 161 12 099 20 834 ​ 1 Relates mainly to the group's hedging activities. Refer to page 115. 2 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. In February 2021, a decision was taken not to pursue a rights issue given significant progress in our turnaround strategy. 3 R 46 million (2021: R 674 million; 2020: R 1,3 billion) relates to a decrease in the provision due to a change in discount rates applied in the rehabilitation provision, while R 971 million (2021: R 412 million) relates to additional provisions (2020: R 695 million changes to existing provisions). 4 The 2022 increase relates to income from emission right sales in Europe, as well as insurance proceeds in respect of business interruption due to hurricanes in the US.

Net finance costs

Net finance costs	12 Months Ended
	Jun. 30, 2022
Net finance costs
Net finance costs	7 Net finance costs ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Finance income ​ ​ ​ Dividends received from investments ​ ​ – – 44 ​ Notional interest received ​ ​ 29 4 102 ​ Interest received on ​ ​ 991 852 776 ​ other long-term investments ​ ​ 49 40 28 ​ loans and receivables ​ ​ 141 199 293 ​ cash and cash equivalents ​ ​ 801 613 455 ​ Per income statement ​ ​ 1 020 856 922 ​ Less: notional interest ​ ​ (29) (4) (102) ​ Less: interest received on tax ​ ​ (5) (15) (28) ​ Per the statement of cash flows ​ ​ 986 837 792 ​ Finance costs ​ ​ ​ ​ ​ Debt ​ ​ 5 419 5 238 8 226 ​ debt ​ ​ 5 066 4 855 8 090 ​ interest rate swap – net settlements ​ ​ 353 383 136 ​ Interest on lease liabilities ​ ​ 1 357 1 488 1 465 ​ Other ​ ​ 95 84 52 ​ ​ ​ ​ ​ 6 871 6 810 9 743 ​ Amortisation of loan costs ​ 16 ​ 132 160 135 ​ Notional interest ​ ​ ​ 633 668 945 ​ Total finance costs ​ ​ 7 636 7 638 10 823 ​ Amounts capitalised to assets under construction a class of property, plant and equipment ​ 19 ​ (740) (880) (3 520) ​ Per income statement ​ ​ 6 896 6 758 7 303 ​ Total finance costs before amortisation of loan costs and notional interest ​ ​ 6 871 6 810 9 743 ​ Add: modification gain/(loss) ​ ​ ​ 74 – (1 193) ​ Less: interest accrued on long-term debt, lease liabilities and short-term debt ​ ​ ​ (1 463) (637) (1 412) ​ Less: interest (raised)/reversed on tax payable ​ ​ (4) – 16 ​ Per the statement of cash flows ​ ​ 5 478 6 173 7 154 ​ ​ ​ ​

Earnings_(loss) and dividends p

Earnings/(loss) and dividends per share	12 Months Ended
	Jun. 30, 2022
Earnings/(loss) and dividends per share
Earnings/(loss) and dividends per share	8 Earnings/(loss) and dividends per share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Rand Rand Rand ATTRIBUTABLE TO OWNERS OF SASOL LIMITED ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings/(loss) per share ​ 62,34 14,57 (148,49) ​ Headline earnings/(loss) per share ​ 47,58 39,53 (11,50) ​ Diluted earnings/(loss) per share ​ 61,36 14,39 (148,49) ​ Diluted headline earnings/(loss) per share ​ 46,83 39,03 (11,50) ​ Dividends per share ​ 14,70 – – ​ interim ​ – – – ​ final* ​ 14,70 – – ​ ​ * Declared subsequent to 30 June 2022 and has been presented for information purposes only. No accrual regarding the final dividend has been recognised. Basic and headline earnings per share (EPS) Basic earnings per share is derived by dividing earnings attributable to owners of Sasol Limited by the weighted average number of shares outstanding during the period. Headline earnings per share is derived by dividing the headline earnings for the period by the weighted average number of shares outstanding during the period. ​ 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 DEPS and DHEPS in 2022, 2021 and 2020. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June Note ​ Rm Rm Rm ​ EARNINGS AND HEADLINE EARNINGS/(LOSS): ​ ​ ​ Earnings/(loss) attributable to owners of Sasol Limited ​ 38 956 9 032 (91 754) ​ Total remeasurement items for the group, net of tax 9 ​ (9 221) 15 471 84 648 ​ Earnings and headline earnings/(loss) ​ ​ ​ 29 735 ​ 24 503 ​ (7 106) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of shares ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June million million million Weighted average number of shares 624,9 619,9 617,9 Potential dilutive effect of long-term incentive scheme 9,9 3,8 2,6 Potential dilutive effect of Sasol Khanyisa Tier 1 0,1 4,1 1,8 Diluted weighted average number of shares for DEPS and DHEPS* 634,9 627,8 622,3 * 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 DHEPS.

Remeasurement items affecting o

Remeasurement items affecting operating profit	12 Months Ended
	Jun. 30, 2022
Remeasurement items affecting operating profit
Remeasurement items affecting operating profit	9 Remeasurement items affecting operating profit Effect of remeasurement items for subsidiaries and joint operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Impairment of assets ​ ​ 77 34 200 112 736 ​ property, plant and equipment 19 ​ 70 33 973 108 575 ​ right of use assets 17 ​ 6 35 3 322 ​ other intangible assets ​ ​ 1 80 839 ​ equity accounted investment ​ ​ ​ ​ — ​ 112 ​ — ​ Reversal of impairment of assets ​ ​ (1 520) (5 468) — ​ property, plant and equipment 19 ​ (1 505) (5 440) — ​ right of use assets ​ 17 ​ ​ (15) ​ (2) ​ — ​ other intangible assets ​ ​ ​ ​ — ​ (26) ​ — ​ (Profit)/loss on 10 ​ (8 460) (5 520) (715) ​ disposal of property, plant and equipment ​ ​ (67) (96) 25 ​ disposal of other intangible assets ​ ​ 2 (130) — ​ disposal of other assets ​ ​ — 52 148 ​ disposal of businesses ​ ​ (11 850) (5 615) (1 684) ​ scrapping of property, plant and equipment ​ ​ 3 366 269 796 ​ sale and leaseback transactions ​ ​ ​ ​ 89 ​ — ​ — ​ Write-off of unsuccessful exploration wells 19 ​ — 6 (43) ​ Remeasurement items per income statement ​ ​ (9 903) 23 218 111 978 ​ Tax impact ​ ​ 702 (7 771) (26 399) ​ impairment of assets ​ ​ ​ ​ (2) ​ (9 513) ​ (26 179) ​ reversal of impairment of assets ​ ​ ​ ​ 421 ​ 1 228 ​ — ​ profit/loss on disposals and sale and leaseback transactions ​ ​ ​ ​ 283 ​ 516 ​ (226) ​ Tax impact of write-off of unsuccessful exploration wells ​ ​ — (2) 6 ​ Non-controlling interest effect ​ ​ ​ ​ (20) ​ 1 ​ (931) ​ Effect of remeasurement items for equity accounted investments ​ ​ — 23 — ​ Total remeasurement items for the group, net of tax ​ ​ (9 221) 15 471 84 648 ​ ​ Scrapping of property, plant and equipment Scrapping of property, plant and equipment includes a R2,5 billion scrapping following an asset transfer between Sasol and LIP JV as part of the finalisation of the US Base Chemicals divestment at the Lake Charles Chemical Project (LCCP) and R398 million related to obsolete and surplus material at the LCCP in the Chemicals America segment. Impairment/reversal of impairments The group's non-financial assets, other than inventories and deferred tax assets, are assessed for impairment indicators, as well as reversal of impairment indicators at each reporting date or whenever events or changes in circumstances indicate that the carrying value may not be recoverable or previous impairment should be reversed. 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. ​ 9 Remeasurement items affecting operating profit continued The reversal of impairment in the current period includes a reversal of R1,4 billion relating to the Chemical Work-up & Heavy Alcohols CGU. The CGU recognised impairments of R1,7 billion during 2020 largely due to the reduced-price outlook as a result of the low oil price environment and the COVID-19 pandemic. A higher price outlook on the back of a sustained increase in demand for alcohols into the personal hygiene market during and post the COVID-19 pandemic, resulted in the reversal of impairment at 31 December 2021. The recoverable amount at 31 December 2021 of R39,5 billion was determined using a discount (WACC) rate of 13,90% (June 2021: 14,03%). 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 used to determine the recoverable amount. 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. Main assumptions used for impairment calculations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 Long-term average crude oil price (Brent)* ​ US$/bbl ​ 93,24 ​ 70,09 ​ 59,69 Long-term average ethane price* US$c/gal 43,15 37,18 32,79 Long-term average ammonia price* Rand/ton 10 173,00 5 297,00 4 664,32 Long-term average Southern African gas purchase price (real)* US$/Gj 8,94 8,41 7,10 Long-term average refining margin* US$/bbl 12,23 9,67 9,43 Long-term average exchange rate* Rand/US$ 15,95 14,57 15,20 * Assumptions are provided on a long-term average basis in nominal terms unless indicated otherwise. Oil and ammonia price 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 2022 5,50 2,00 ​ ​ 2,00 Weighted average cost of capital* 2022 14,41 8,13 8,13 – 9,57 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 * Calculated using spot market factors on 30 June. 9 Remeasurement items affecting operating profit continued Areas of judgement: 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. Determination as to whether, and by how much, an asset, CGU, or group of CGUs is impaired, or whether previous impairment should be reversed, involves management estimates on highly uncertain matters such as the effects of inflation on operating expenses, discount rates, capital expenditure, carbon tax, production profiles and future commodity prices, including the outlook for global or regional market supply-and-demand conditions for crude oil, natural gas and refined products. Judgement is also required when determining the appropriate grouping of assets into a CGU or the appropriate grouping of CGUs for impairment testing purposes. The future cash flows were determined using the assumptions included in the 2023 budget as approved by the Sasol Limited Board. 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. The weighted average growth rates used are consistent with the increase in the geographic segment long-term Producer Price Index. 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. As a significant emitter of greenhouse gas emissions globally, South Africa made commitments under the 2015 Paris Climate Agreement to further reduce greenhouse gas emissions and to contribute to global efforts to limit global warming to well below 2°c above pre-industrial levels and to pursue efforts to achieve the 1,5°c temperature goal. The group is targeting a 30% reduction in greenhouse gas (GHG) emissions by 2030 which will pave the way to a net zero ambition by 2050. The group has a clear roadmap to 2030 with capital and resources allocated to achieve the significant reduction in emissions. Where reasonable, supportable and permissible under IFRS, management has included the costs, capital and associated benefits from these initiatives in its cash flow forecasts. Carbon tax is seen to be an important component of South Africa’s mitigation policy strategy to lower GHG emissions. Phase 1 of the carbon tax comes to an end in December 2025 while a number of Phase 2 carbon tax proposals were announced by the Minister of Finance in the 2022 Budget Review. Management is required to reflect its best estimate of any expected applicable carbon taxes payable by the group. This requires judgement of how future changes to relevant carbon tax policies and/or legislation are likely to affect the future cash flows of the group's CGUs, whether currently enacted or not. Future potential carbon taxes are included in the recoverable amount calculations considering the latest proposals by the National Treasury. On 29 July 2022 National Treasury published the draft 2022 Taxation Laws Amendment Bill which contain the tax proposals made in the 2022 National Budget. The proposed amendments seek to align South Africa's carbon tax rate with global carbon prices and by doing so aims to penalise emitters and incentivise taxpayers' transition towards a low carbon trajectory with a progressive increase in the carbon tax rate from 2023. Refer to note 38 for more information. The amendment contained in the Amendments Bill do not materially impact on the applied assumptions at 30 June 2022. 9 Remeasurement items affecting operating profit continued Climate change and the transition to a lower carbon economy are also likely to impact the future prices of commodities such as oil and natural gas which in turn may affect the recoverable amount of the group’s property, plant and equipment and other non-current assets. Management has updated its best estimate of oil price assumptions used in determining the recoverable amounts of its CGUs in 2022. The revised estimates reflect higher oil prices up to 2029 as a result of near-term supply constraints whereas the long-term assumption is lower in real terms as demand is expected to decrease as the transition to a lower carbon economy progresses. The revised assumptions are based on the average June 2022 views obtained from two independent consultancies that reflect their views on market development. The energy transition may impact demand for certain refined products in the future. Management will continue to review price assumptions as the energy transition progresses and this may result in impairment charges or reversals in the future. Description of sensitivity to changes in assumptions: Key sources of estimation uncertainty include discount rates, commodity prices, exchange rates, carbon tax (and related allowances) and chemical prices. Management has considered the sensitivity of the recoverable amount calculations to these key assumptions and these sensitivities have been taken into consideration in determining the required impairments and reversals of impairments in the current period. Reasonably possible changes to any of these assumptions can lead to different outcomes. In 2020, the sudden collapse in oil prices and the economic consequences of the COVID-19 pandemic resulted in impairments and write down of assets of R112,7 billion across most of the group's CGUs. In 2021, further impairments were recognised, mainly at the Secunda liquid fuels refinery due to a stronger forecasted Rand/US$ exchange rate which impacted negatively on the forecasted Basic Fuel Price (BFP) and at the Chlor Alkali and PVC and Southern African Wax value chains as a result of lower expected sales volumes and an unfavourable exchange rate. In the second half of 2022, the continued economic recovery following the pandemic together with the impact of the Russian/Ukrainian conflict resulted in higher crude oil prices, refining margins and chemicals prices. Pricing and demand volatility is expected to continue in the short-term, making it difficult to predict. Management has revised its price assumptions reflecting the expected market demand and supply fundamentals as well as the expected applicable carbon taxes payable by the group considering the proposals published in the 2022 Budget Review. The increase in recoverable amounts of the impacted CGUs resulting from the favourable short-term macro-economic environment was significantly countered by the expected impact of carbon tax. The recoverable amount of the Secunda liquid fuels refinery, within our Fuels segment is highly sensitive to changes in Brent crude prices and the Rand/US$ exchange rate. A decrease of more than US$3,70 in the assumed price of Brent crude oil will eliminate the current headroom of the CGU and result in an impairment. A strengthening of the Rand/US$ exchange rate by R1 will decrease the recoverable amount by approximately R18,1 billion also resulting in an impairment. These sensitivity analyses do not fully incorporate consequential changes that may arise, such as changes in costs and business plans or absorption of carbon taxes by the market. The reversal of the impairment relating to the Chemical Work-up & Heavy Alcohols CGU, within our Chemical Africa segment, is not significantly impacted by changes to key assumptions. The Ammonia CGU, within our Chemicals Africa segment, is highly sensitive to changes in the international price of ammonia. The Russian/Ukrainian conflict has led to the suspension of ammonia exports from the Black Sea ports together with high gas feedstock prices which resulted in short-term product shortages and inflated prices in the ammonia market globally. Setting price assumptions for the medium- to long-term prices is highly dependent on factors such as the duration of the conflict and resulting supply disruptions and gas feedstock prices. Sasol has considered external views in formulating its internal price assumptions. The high degree of uncertainty associated with the ammonia pricing outlook and the historical ammonia price variability were considered by management in its decision to not reverse previous impairments relating to the Ammonia CGU. ​ 9 Remeasurement items affecting operating profit continued For the rest of the CGUs in the Fuels, Gas and Chemicals Africa segment where indicators of potential reversal of impairment were identified, reasonably possible decreases in the assumed price estimates completely counteract the effect of the short-term favourable economic conditions. For the CGUs in the Chemicals America and Eurasia segments reasonable changes to key estimates are unlikely to result in an impairment or reversal of impairment. Significant impairment of assets in prior periods ​ ​ ​ ​ ​ ​ Segment and Cash-generating unit ​ ​ ​ 2021 (CGU) ​ Description ​ Rm Fuels segment ​ ​ ​ ​ Secunda liquid fuels refinery ​ The impairment was largely due to a stronger forecasted rand/dollar exchange rate which impacted negatively on the forecasted Basic Fuel Price (BFP). ​ 24 456 Chemicals America ​ ​ ​ ​ Ethylene Oxide/Ethylene Glycol (EO/EG) ​ The Ziegler Alcohols Unit (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 the CGUs were reassessed to be one integrated CGU. The impairment assessment of the combined CGU showed significant headroom resulting in the full remaining FY19 impairment of the EO/EG CGU being reversed. ​ (4 934) Chemicals Africa ​ ​ ​ ​ Chlor Alkali and PVC ​ The impairment of the Chlor Alkali and PVC CGUs is as a result of the stronger forecast of the rand against the US dollar exchange rate and lower sales volumes. In addition, this CGU was further negatively impacted by the pending sale of the Sodium Cyanide business. ​ 1 094 Southern Africa Wax value chain ​ The impairment on the Wax value chain was driven by higher future LNG gas imports and SPT gas costs, lower sales volumes and prices due to reduced gas availability in 2022 and 2023 and the strengthening of the rand against the US dollar. ​ 7 863 Gas Segment ​ ​ ​ ​ Sasol Canada – Shale gas assets ​ Sasol signed an agreement to divest of all our interests in Canada to Canadian Natural Resources Limited. Previous impairments of CAD45 million were reversed at 30 June 2021 to measure the carrying value of the disposal group at its fair value less cost to sell. ​ (521) Other ​ ​ ​ 774 ​ ​ ​ ​ 28 732 ​ ​ 9 Remeasurement items affecting operating profit continued ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ 9 Remeasurement items affecting operating profit continued 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. 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 or cash generating unit 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. 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. ​ 9 Remeasurement items affecting operating profit continued 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. When the Group loses control over a subsidiary, it derecognises the assets and liabilities of the subsidiary, and any related non-controlling interest and other components of equity. Any resulting gain or loss is recognised in profit or loss. Any interest retained in the former subsidiary is measured at fair value when control is lost. Any gain or loss on disposal will comprise that attributed to the portion disposed of and the remeasurement of the portion retained.

Disposals and scrapping

Disposals and scrapping	12 Months Ended
	Jun. 30, 2022
Disposals and scrapping
Disposals and scrapping	10 Disposals and scrapping ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm Property, plant and equipment 1 19 ​ 3 802 7 064 1 431 ​ Goodwill and other intangible assets ​ 2 947 179 ​ Equity accounted investments ​ — 370 437 ​ Assets in disposal groups held for sale ​ 16 586 67 662 2 563 ​ Inventories ​ ​ ​ ​ — ​ 814 ​ — ​ Trade and other receivables ​ — 174 — ​ Cash and cash equivalents ​ — 57 — ​ Liabilities in disposal groups held for sale ​ (6 321) (2 577) (414) ​ Long-term debt ​ — (2 673) — ​ Non-controlling interest ​ ​ ​ ​ (3 141) ​ — ​ — ​ Long-term financial liabilities ​ — (477) — ​ Trade and other payables ​ — (67) 175 ​ ​ ​ ​ ​ 10 928 71 294 4 371 ​ Total consideration ​ 11 364 73 426 4 285 ​ consideration received ​ 8 484 43 214 4 285 ​ consideration still receivable ​ ​ ​ ​ 127 ​ 116 ​ — ​ fair value of retained investment ​ ​ ​ ​ 2 753 ​ — ​ — ​ establishment of Joint operation* ​ — 30 096 — ​ ​ ​ ​ ​ 436 2 132 (86) ​ Realisation of accumulated translation effects ​ 8 024 3 388 801 ​ Net profit on disposal ​ 8 460 5 520 715 ​ Consideration received comprising ​ ​ ​ Gas – Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) ​ ​ ​ ​ 4 129 ​ — ​ — ​ Fuels – Central Termica De Ressane Garcia S.A (CTRG) ​ ​ ​ ​ 2 577 ​ — ​ — ​ Gas – Canadian Montney assets ​ ​ ​ ​ 387 ​ — ​ — ​ Chemicals America – US LCCP Base Chemicals business ​ ​ ​ ​ — ​ 29 894 ​ — ​ Fuels & Chemicals 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 ​ Other ​ 1 391 898 678 ​ Consideration received ​ 8 484 43 214 4 285 ​ ​ 1 ​ 10 Disposals and scrapping continued Significant disposals and scrappings in 2022 Canadian shale gas assets On 29 July 2021 Sasol divested of all our interests in Canada. A gain of R4,9 billion mainly due to the realisation of the foreign currency translation reserve (FCTR) was recognised. European wax business On 1 March 2022 Sasol sold its European wax business based in Hamburg Germany. A gain mainly on the reclassification of the FCTR of R2,9 billion was recognised. Central Térmica de Ressano Garcia S.A. (CTRG) The divestment of our full shareholding in CTRG, the gas-to-power plant located in Ressano Garcia, Mozambique, to Azura Power Limited for a consideration of R2,6 billion (US$163,8 million). The transaction closed on 28 April 2022. A profit of R156 million has been recognised on the divestment. Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) On 29 June 2022 the sale of 30% of our interest in ROMPCO was successfully completed. The loss of voting and contractual rights associated with the transaction resulted in the group losing control over ROMPCO and the derecognition of all the assets and liabilities of the subsidiary. Sasol has retained a 20% equity stake in ROMPCO which has been measured at fair value at the transaction date, which references to the transaction price. This is considered a level 3 fair value input. The proceeds on the disposal was an initial amount of R4,1 billion and a contingent consideration of up to R1 billion, which is payable if certain agreed milestones are achieved by 30 June 2024. The fair value of the contingent consideration is valued at zero considering the low probability of meeting the milestones as assessed on the transaction date. A profit of R3,7 billion on the disposal has been recognised of which R1,9 billion relates to the fair value adjustment on retained interest. Refer to note 21. Significant disposals and scrappings in prior periods 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 22. ​ 10 Disposals and scrapping continued 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%. 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. 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. ​ 10 Disposals and scrapping continued 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.

Disposal groups held for sale

Disposal groups held for sale	12 Months Ended
	Jun. 30, 2022
Disposal groups held for sale
Disposal groups held for sale	11 Disposal groups held for sale ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 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) 1 Gas — 6 085 Central Térmica de Ressano Garcia S.A. (CTRG) 2 ​ Gas ​ — ​ 3 034 Canadian Montney assets³ ​ Gas ​ — ​ 1 181 Other Mining, Fuels and Chemicals Africa 290 331 ​ ​ ​ 290 10 631 Liabilities in disposal groups held for sale Segment ​ ​ Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) 1 Gas — (1 771) Central Térmica de Ressano Garcia S.A. (CTRG) 2 ​ Gas ​ — ​ (1 109) Canadian Montney assets³ ​ Gas ​ — ​ (824) Other Mining, Fuels and Chemicals Africa (2) (2) ​ ​ ​ (2) (3 706) 1 Divestment of 30% of our equity interest in the ROMPCO pipeline. The transaction closed on 29 June 2022. Sasol retained a 20% equity interest in the pipeline. Refer note 10. 2 Our full shareholding in Central Térmica de Ressano Garcia S.A. (CTRG) was disposed of to Azura Power Limited. The transaction closed on 28 April 2022. Refer note 10. 3 The divestment of all our interests in Canada. The transaction successfully closed on 29 July 2021. Refer note 10. Significant disposal groups held for sale in prior periods 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 contingent 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), had 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. ​ 11 Disposal groups held for sale continued 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. 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. 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
	Jun. 30, 2022
Taxation
Taxation	TAXATION 12 Taxation ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm South African normal tax ​ 13 399 7 430 2 140 ​ current year 1 ​ 13 303 7 478 2 542 ​ prior years ​ 96 (48) (402) ​ Dividend withholding tax ​ (24) — 2 ​ Foreign tax ​ 2 856 2 079 (1 212) ​ current year ​ 2 737 2 106 2 242 ​ prior years 2 ​ 119 (27) (3 454) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income tax 13 ​ 16 231 9 509 930 ​ Deferred tax – South Africa 14 ​ (2 535) (9 779) (9 324) ​ current year 3 ​ (2 356) (9 464) (9 724) ​ prior years ​ (108) (315) 400 ​ reduction in corporate tax rate⁴ ​ ​ ​ ​ (71) ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax – foreign 14 ​ 173 455 (17 996) ​ current year 5 ​ (132) 339 (20 375) ​ prior years 2 ​ 306 124 2 375 ​ tax rate change ​ (1) (8) 4 ​ ​ ​ ​ ​ 13 869 185 (26 390) ​ 1 The increase in the current year mainly relates to increased profits, as well as capital gains tax on the ROMPCO asset disposal. 2 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. 3 The decrease in the current year relates to the recognition of a deferred tax asset relating to derivative losses in Sasol Financing International Limited. 4 On 23 February 2022, a decrease in the South African corporate tax rate from 28% to 27% was announced, effective from 1 July 2022. The decrease in rate is considered to be substantively enacted. 5 2020 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. ​ 12 Taxation continued 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. All pleadings were exchanged in the review matters. The Parties have agreed that the two matters will be heard at a consolidated hearing and a court date has been set in November 2022. A contingent liability of R2,65 billion (2021 – R2,58 billion) (including interest and penalties) is reported in respect of this matter as at 30 June 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ % ​ % ​ % Reconciliation of effective tax rate The table below shows the difference between the South African enacted tax rate 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 expenditure¹ 1,1 11,4 (1,0) disallowed share-based payment expenses² 0,1 2,3 (0,3) different tax rates 0,5 0,5 (3,6) share of profits of equity accounted investments — — (0,1) tax losses not recognised 3 0,8 — (2,0) capital gains and losses 4 ​ 1,6 ​ — ​ — prior year adjustments 0,7 (2,2) 0,9 other adjustments 0,3 — (0,5) (Decrease)/increase in rate of tax due to: ​ ​ exempt income⁵ (5,9) (10,0) 0,7 share of profits of equity accounted investments (1,6) (2,1) — utilisation of tax losses 6 (0,1) (20,9) — investment incentive allowances (0,1) (0,4) — translation differences (0,3) (1,9) — capital gains and losses 4 — (1,8) — change in South African corporate income tax rate ​ (0,1) ​ — ​ — other adjustments ​ — ​ (1,2) ​ 0,3 Effective tax rate 25,0 1,7 22,4 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 Relates mainly to tax losses in Sasol Investment Company (Pty) Ltd for which no deferred tax asset was raised. 4 Relates mainly to capital gains tax payable in South Africa and Mozambique on the disposal of 30 % of our equity interest in the ROMPCO pipeline. 2021 related mainly to the disposal of the Air Separation Units. ​ 12 Taxation continued 5 Relates to the foreign currency translation reserve (FCTR) reclassified on the disposal of the Canadian and Wax businesses and the profit on disposal of the ROMPCO pipeline. 2021 related mainly to the FCTR reclassified on the divestment of 50% of our US LCCP Base Chemicals business, our 50% interest in Gemini HDPE LLC, our 50% equity interest in Sasol Chevron Holdings LImited, our 27,8% working interest in the Etame Marin block offshore Gabon, as well as our 40% non-operated participating interest in Block DE-8 offshore Gabon. 6 2021 relates to tax losses utilised which are allowed to be set off against foreign exchange gains on intergroup foreign currency loans.

Tax paid

Tax paid	12 Months Ended
	Jun. 30, 2022
Tax paid
Tax paid	13 Tax paid ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm Net amounts (receivable)/payable at beginning of year ​ ​ (307) (4 754) 309 ​ Disposal of businesses ​ ​ — 40 — ​ Net interest and penalties on tax ​ ​ (1) (17) (41) ​ Income tax per income statement 12 ​ 16 231 9 509 930 ​ Reclassification to held for sale 1 ​ ​ 34 (304) 29 ​ Foreign exchange differences recognised in income statement ​ ​ 25 (14) 48 ​ Translation of foreign operations ​ ​ (41) 513 (370) ​ ​ ​ ​ ​ 15 941 4 973 905 ​ Net tax (payable)/receivable per statement of financial position ​ ​ (2 410) 307 4 754 ​ tax payable ​ ​ (3 142) (806) (665) ​ tax receivable 2 ​ ​ 732 1 113 5 419 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per the statement of cash flows ​ ​ 13 531 5 280 5 659 ​ Comprising ​ ​ ​ ​ ​ ​ Normal tax ​ ​ ​ ​ ​ ​ South Africa ​ ​ 11 739 6 622 3 131 ​ Foreign ​ ​ 1 860 (1 342) 2 526 ​ Dividend withholding tax ​ ​ ​ (68) — 2 ​ ​ ​ ​ ​ 13 531 5 280 5 659 ​ 1 2021 mainly due to ROMPCO tax payable that was transferred to liabilities held for sale. 2 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
	Jun. 30, 2022
Deferred tax
Deferred tax	14 Deferred tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm Reconciliation ​ ​ Balance at beginning of year ​ ​ ​ (16 718) (12 511) ​ Current year charge ​ ​ ​ (1 572) (8 956) ​ per the income statement 12 ​ (2 362) (9 324) ​ per the statement of comprehensive income ​ ​ ​ 790 368 ​ Reclassification from held for sale ​ ​ ​ 665 424 ​ Disposal of investment¹ ​ ​ ​ ​ — ​ (85) ​ Foreign exchange differences recognised in income statement ​ ​ ​ 23 (103) ​ Translation of foreign operations ​ ​ ​ (3 047) 4 513 ​ Balance at end of year ​ ​ ​ (20 649) (16 718) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprising ​ ​ ​ ​ ​ ​ Deferred tax assets ​ ​ ​ (31 198) (24 511) ​ Deferred tax liabilities ​ ​ ​ 10 549 7 793 ​ ​ ​ ​ ​ (20 649) (16 718) ​ 1 14 Deferred tax continued Deferred tax assets and liabilities are determined based on the tax status and rates of the underlying entities. The increase in deferred tax assets relates mainly to our US operations as a result of the weakening exchange rate, as well as our Treasury Group due to the derivative losses. We anticipate sufficient profits to be generated in future to utilise the deferred tax asset against. These US and SA tax losses do not expire. ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Attributable to the following tax jurisdictions ​ ​ · South Africa ​ 447 3 169 · United States of America ​ (21 462) (18 556) · Germany ​ 1 084 (1 085) · Mozambique ​ (400) 323 · Other ​ (318) (569) ​ ​ (20 649) (16 718) Deferred tax is attributable to temporary differences on the following: ​ ​ ​ NET DEFERRED TAX ASSETS: ​ ​ ​ Property, plant and equipment ​ 13 047 6 287 Right of use assets ​ 587 1 024 Short- and long-term provisions ​ (811) (3 731) Calculated tax losses ​ (37 953) (24 097) Financial liabilities ​ (1 930) (1 324) Other ​ (4 138) (2 670) ​ ​ (31 198) (24 511) NET DEFERRED TAX LIABILITIES: ​ ​ ​ Property, plant and equipment ​ 17 963 13 392 Right of use assets ​ 1 617 1 370 Current assets ​ (1 376) (1 124) Short- and long-term provisions ​ (5 676) (3 948) Calculated tax losses ​ (47) (11) Financial liabilities ​ 206 135 Other ​ (2 138) (2 021) ​ ​ 10 549 7 793 ​ ​ 14 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. ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Calculated tax losses (before applying the applicable tax rate) Available for offset against future taxable income 164 474 105 428 Utilised against the deferred tax balance (160 244) (102 890) Not recognised as a deferred tax asset 1 4 230 2 538 CALCULATED TAX LOSSES CARRIED FORWARD THAT HAVE NOT BEEN RECOGNISED: Expiry within 1 year ​ 167 ​ 3 Expiry between one and five years 1 085 1 150 Expiry thereafter 763 608 Indefinite life 2 215 777 ​ 4 230 2 538 1 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 and Sasol Financing International Limited where we anticipate sufficient profits to be generated in future to utilise the deferred tax asset against. These losses do not expire. Where appropriate, the expected impact of climate change was considered in estimating the future taxable profits. These assumptions are in line with the assumptions disclosed in note 9. 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. ​ 14 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Unremitted earnings at end of year that would be subject to dividend withholding tax ​ 32 268 26 662 ​ Europe ​ 22 788 20 051 ​ Rest of Africa ​ 2 580 1 933 ​ Other ​ 6 900 4 678 ​ ​ ​ ​ ​ ​ ​ ​ Tax effect if remitted ​ 724 455 ​ Europe ​ 489 277 ​ Rest of Africa ​ 206 155 ​ Other ​ 29 23 ​ ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 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 ​ 138 275 99 061 Maximum withholding tax payable by shareholders if distributed to individuals ​ 27 655 19 812 ​ 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. ​ 14 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. The decrease in the South African corporate tax rate is considered substantively enacted and is effective from 1 July 2022. 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
	Jun. 30, 2022
Share capital.
Share capital	EQUITY 15 Share capital ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 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 2022 2021 2020 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 ​ 634 244 336 632 365 757 631 028 318 ​ Issued in terms of the employee share schemes ​ 1 432 481 1 878 579 1 337 439 ​ Shares issued at end of year ​ 635 676 817 634 244 336 632 365 757 ​ Comprising ​ ​ ​ ​ Sasol ordinary shares of no par value ​ 629 345 470 627 912 989 626 034 410 ​ Sasol BEE ordinary shares of no par value ​ 6 331 347 6 331 347 6 331 347 ​ ​ ​ 635 676 817 634 244 336 632 365 757 ​ Unissued shares ​ ​ ​ ​ Sasol ordinary shares of no par value ​ 498 345 120 499 777 601 501 656 180 ​ 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 ​ ​ ​ 678 730 754 680 163 235 682 041 814 ​ * At 30 June 2022, 10 243 580 (2021 - 10 469 584; 2020 - 13 969 621) shares were held by the Sasol Foundation Trust and the Sasol Khanyisa Employee Share Ownership Plan. 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
	Jun. 30, 2022
Long-term debt.
Long-term debt	FUNDING ACTIVITIES AND FACILITIES 16 Long-term debt ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Total long-term debt 104 834 102 643 Short-term portion (22 334) (5 506) ​ 82 500 97 137 Analysis of long-term debt AT AMORTISED COST ​ ​ ​ ​ Secured debt 67 108 Unsecured debt 105 142 102 974 Unamortised loan costs (375) (439) ​ 104 834 102 643 RECONCILIATION Balance at beginning of year 102 643 167 197 Loans raised 1 88 26 057 Loans repaid 2 (12 086) (61 454) Interest accrued 936 305 Amortisation of loan costs 132 160 Disposal of business ​ — ​ (2 673) Transfer to disposal groups held for sale — (939) Translation of foreign operations 13 121 (26 010) Balance at end of year 104 834 102 643 INTEREST-BEARING STATUS Interest-bearing debt 104 834 102 643 MATURITY PROFILE Within one year 22 334 5 506 One to five years 55 936 64 495 More than five years 26 564 32 642 ​ 104 834 102 643 1 2021 loans raised relate mainly to the R 23,1 billion (US$ 1,5 billion) bonds issued in March 2021. 2 Current year relates mainly to repayments on the revolving credit facility (RCF); 2021 relates mainly to the repayments in the RCF in Sasol Financing International Limited of R 55,4 billion (US$ 3,6 billion) as well as repayment of term loans R 5,4 billion (US$ 350 million). ​ 16 Long-term debt continued ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate at 2022 2021 Terms of repayment Business Currency 30 June 2022* ​ Rm ​ Rm Unsecured debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Various repayment terms ending June 2026 ​ Various ​ Various ​ Various ​ 460 ​ 599 Various repayment terms Fuels Rand Fixed 8% ​ 569 588 Repayable in August 2022 Corporate Centre (Sasol Financing) Rand Variable 3 months Jibar + 1,3% ​ 2 193 2 191 Repayable November 2022¹ ​ Corporate Centre (Sasol Financing International) ​ US dollar ​ Fixed 4,5% ​ 16 375 ​ 14 359 Repayable in November 2024 2,3,6 Corporate Centre (Sasol Financing International and Sasol Financing USA) US dollar SOFR+Credit Adj + 2% — 7 788 Repayable June 2024 4,6 ​ Corporate Centre (Sasol Financing USA) ​ US dollar ​ SOFR+Credit Adj + 2% ​ 2 444 ​ 2 143 Repayable June 2024 4,6 ​ Corporate Centre (Sasol Financing USA) ​ US dollar ​ SOFR+Credit Adj + 2% ​ 20 940 ​ 20 954 Various repayment terms from March 2024 to March 2031 5 Corporate Centre (Sasol Financing USA) US dollar Fixed 4,4% to 6,5% ) 62 161 54 352 Total unsecured debt ​ ​ 105 142 102 974 Secured debt ​ ​ ​ ​ ​ ​ ​ 67 ​ 108 Unamortised loan costs (amortised over period of debt using the effective interest rate method) ​ ​ (375) (439) ​ ​ ​ ​ ​ ​ 104 834 ​ 102 643 Short-term portion of long-term debt ​ ​ (22 334) (5 506) ​ ​ ​ ​ ​ ​ 82 500 ​ 97 137 * 1 Included in this amount is the US $1 billion (R 16 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 (SFIL), 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, SFIL, by dividend or loan. 2 In 2021 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 5 billion ( $348 million) on the revolving credit facility. 4 The variable interest rate debt relates to the US $1,28 billion (R 20,9 billion) term loan and US $150 million (R 2,4 billion) revolving credit facility. 5 Included in this amount is the US$ 3,8 billion (R 62 billion) bonds 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 (SFUSA), 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, SFUSA, by dividend or loan. 6 Effective 15 March 2022 contractual arrangements relating to the term loan and revolving credit facilities were amended to replace the US dollar LIBOR with the Secured Overnight Financing Rate (SOFR). (2021: Libor + 2% on the term loan and Variable Libor + 1,6% on the RCF.) ​ 16 Long-term debt continued ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contract ​ Rand ​ Utilised ​ Available ​ ​ ​ ​ ​ ​ ​ amount ​ equivalent ​ facilities ​ facilities ​ 30 June 2022 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 8 150 8 150 — 8 150 ​ Revolving credit facility June 2024 US dollar 150 2 442 2 442 — ​ Revolving credit facility 2 November 2024 US dollar 2 845 46 317 — 46 317 ​ DEBT ARRANGEMENTS ​ ​ ​ ​ ​ ​ ​ US Dollar Bond ​ November 2022 ​ US dollar ​ 1 000 ​ 16 280 ​ 16 280 ​ — ​ US Dollar term loan June 2024 US dollar 1 285 20 919 20 919 — ​ US Dollar Bond March 2024 US dollar 1 500 24 420 24 420 — ​ US Dollar Bond ​ September 2026 ​ US dollar ​ 650 ​ 10 582 ​ 10 582 ​ — ​ US Dollar Bond September 2028 US dollar 750 12 210 12 210 — ​ US Dollar Bond ​ March 2031 ​ US dollar ​ 850 ​ 13 838 ​ 13 838 ​ — ​ Other Sasol businesses ​ SPECIFIC PROJECT ASSET FINANCE ​ Energy — Clean Fuels II (Natref) Various Rand 875 875 875 — ​ DEBT ARRANGEMENTS ​ Other debt arrangements ​ Various ​ — — 712 — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 104 454 60 291 ​ Available cash excluding restricted cash ​ 40 405 ​ Total funds available for use ​ 100 696 ​ Total utilised facilities ​ 104 454 ​ Accrued interest ​ 1 010 ​ Unamortised loan cost ​ (375) ​ Total debt including accrued interest and unamortised loan cost ​ 105 089 ​ COMPRISING ​ ​ Long-term debt ​ 82 500 ​ Short-term debt ​ 22 416 ​ Short-term debt ​ 82 ​ Short-term portion of long-term debt ​ 22 334 ​ Bank overdraft ​ 173 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 105 089 ​ 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$ 2,549 billion by November 2022 and to US$ 2,075 billion by November 2023. ​ 16 Long-term debt continued 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
	Jun. 30, 2022
Leases
Leases	17 Leases ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plant, ​ ​ ​ ​ ​ ​ ​ ​ equipment ​ Mineral ​ ​ ​ ​ Land ​ Buildings ​ and vehicles ​ assets ​ Total for the year ended 30 June Rm Rm Rm Rm Rm Right of use assets Carrying amount at 30 June 2021 241 5 153 7 508 1 12 903 Additions 1 674 900 2 1 577 Modifications and reassessments — (5) (17) — (22) Reclassification to held for sale (note 11) (28) (42) (39) — (109) Translation of foreign operations 11 70 451 — 532 Terminations — (17) (24) — (41) Current year depreciation charge (11) (655) (1 552) (2) (2 220) Reversal of impairment of right of use assets (note 9) 3 2 4 — 9 Carrying amount at 30 June 2022 217 5 180 7 231 1 12 629 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plant, ​ ​ ​ ​ ​ ​ ​ ​ equipment ​ Mineral ​ ​ ​ ​ Land ​ Buildings ​ and vehicles ​ assets ​ Total for the year ended 30 June Rm Rm Rm Rm Rm Right of use assets Carrying amount at 30 June 2020 184 6 446 7 179 7 13 816 Additions 94 527 1 278 — 1 899 Modifications and reassessments — (689) (104) — (793) Acquisition of business — — 111 — 111 Disposal of business — — (55) — (55) Reclassification from/(to) held for sale (note 11) — (3) (41) — (44) Translation of foreign operations (26) (304) 827 — 497 Terminations — (125) (52) (1) (178) Current year depreciation charge (11) (694) (1 607) (5) (2 317) Net impairment of right of use assets (note 9) — (5) (28) — (33) Carrying amount at 30 June 2021 241 5 153 7 508 1 12 903 ​ ​ 17 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plant, ​ ​ ​ ​ ​ ​ ​ ​ equipment ​ Mineral ​ ​ ​ ​ Land ​ Buildings ​ and vehicles ​ assets ​ Total for the year ended 30 June Rm Rm Rm Rm Rm 2022 Cost 301 7 616 11 842 7 19 766 Accumulated depreciation and impairment (84) (2 436) (4 611) (6) (7 137) ​ 217 5 180 7 231 1 12 629 2021 Cost 549 7 389 10 763 4 18 705 Accumulated depreciation and impairment (308) (2 236) (3 255) (3) (5 802) ​ 241 5 153 7 508 1 12 903 2020 Cost 523 8 046 10 954 9 19 532 Accumulated depreciation and impairment (339) (1 600) (3 775) (2) (5 716) ​ 184 6 446 7 179 7 13 816 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June Note Rm Rm Lease liabilities Total long-term lease liabilities 14 266 13 906 Short-term portion (included in short-term debt) 18 1 768 1 771 ​ ​ ​ 16 034 15 677 RECONCILIATION Balance at beginning of year 15 677 17 719 New lease contracts ​ ​ ​ 1 979 ​ 2 011 Payments made on lease liabilities ​ ​ ​ (2 264) ​ (2 180) Modifications and reassessments ​ ​ ​ (23) ​ (802) Interest accrued ​ ​ ​ 453 ​ 332 Termination of lease liability ​ ​ ​ (63) ​ (189) Acquisition of business — 111 Disposal of business — (25) Transfer (to)/from disposal groups held for sale (362) 10 Translation of foreign operations ​ ​ 637 (1 310) Balance at end of year 16 034 15 677 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Rm Rm Rm Amounts recognised in income statement Interest expense (included in net finance cost) ​ 1 357 1 488 1 465 Expense relating to short-term leases* 474 423 757 Expense relating to leases of low-value assets that are not shown above as short-term leases* 79 65 33 Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)* 32 58 64 ​ ​ ​ ​ ​ ​ ​ Amounts recognised in statement of cash flows Total cash outflow on leases 3 753 3 882 4 048 * Included in cash paid to suppliers and employees in the statement of cash flows. ​ 17 Leases continued The group leases a number of assets as part of its activities. These primarily include 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 39. 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. The range of incremental borrowing rates applied were as follows: ​ ​ ​ ​ Southern Africa 4,18 - 16,47% (2021: 6,19 - 15,35%) North America 1,46 - 5,77% (2021: 2,15 - 5,64%) Eurasia 0,38 - 11,16% (2021: 0,38 - 6,35%) ​ 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. 17 Leases continued 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 note 9 on Remeasurement items affecting profit or loss. Where the group transfers control of an asset to another entity (buyer-lessor) and leases that same asset back from the buyer-lessor, the group derecognises the underlying asset and recognises a right-of-use asset at the proportion of the previous carrying amount of the transferred asset that relates to the right of use retained by the group. The group also recognises a lease liability measured at the present value of all expected future lease payments with the resulting gain or loss being included in remeasurement items.

Short-term debt

Short-term debt	12 Months Ended
	Jun. 30, 2022
Short-term debt.
Short-term debt	18 Short-term debt ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm Short-term debt ​ 82 60 Short-term portion of ​ ​ ​ ​ long-term debt 1 ​ 16 22 334 5 506 lease liabilities ​ 17 1 768 1 771 ​ ​ ​ ​ 24 184 ​ 7 337 1 At 30 June 2022 R 16 billion (US $1 billion) US Dollar bond as well as R 2,2 billion relating to the DMTN were classified as short-term, these are repayable in November and August 2022 respectively.

Property, plant and equipment

Property, plant and equipment	12 Months Ended
	Jun. 30, 2022
Property, plant and equipment.
Property, plant and equipment	INVESTING ACTIVITIES 19 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 ​ Carrying amount at 30 June 2021 ​ 3 871 11 554 128 986 27 476 26 134 ​ 198 021 ​ Additions ​ 20 80 701 58 21 754 ​ 22 613 ​ to sustain existing operations ​ 20 75 671 58 20 091 ​ 20 915 ​ to expand operations ​ — 5 30 — 1 663 ​ 1 698 ​ Reduction in rehabilitation provisions capitalised (note 32) ​ — — (33) (56) (395) ​ (484) ​ Finance costs capitalised ​ ​ — ​ — ​ — ​ — ​ 740 ​ 740 ​ Assets capitalised or reclassified ​ (170) (445) 17 482 88 (17 203) ​ (248) ​ Reclassification to held for sale (note 11) ​ (51) (22) (340) — (59) ​ (472) ​ Translation of foreign operations ​ 407 908 13 527 — 195 ​ 15 037 ​ Disposals and scrapping ​ (10) (533) (2 565) (87) (607) ​ (3 802) ​ Current year depreciation charge ​ — (434) (8 599) (2 499) — ​ (11 532) ​ Net impairment reversal of property, plant and equipment (note 9) ​ (57) 13 1 416 — 63 ​ 1 435 ​ Carrying amount at 30 June 2022 ​ 4 010 11 121 150 575 24 980 30 622 ​ 221 308 ​ * ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 2020 ​ ​ 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 ​ ​ — ​ (4) ​ (55) ​ (1 401) ​ (965) ​ (2 425) ​ Establishment of joint operation 1 ​ ​ 325 ​ 1 097 ​ 28 079 ​ – ​ 62 ​ 29 563 ​ Disposal of business 2 ​ ​ (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 11) ​ ​ 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 9) ​ ​ (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 2 ​ 19 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 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cost ​ 4 357 21 466 356 420 49 388 30 622 ​ 462 253 Accumulated depreciation and impairment ​ (347) (10 345) (205 845) (24 408) — ​ (240 945) ​ ​ 4 010 11 121 150 575 24 980 30 622 ​ 221 308 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 ​ (253) (9 464) (173 582) (54 779) — ​ (238 078) ​ ​ 5 591 11 954 152 255 30 043 27 802 ​ 227 645 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 ​ for the year ended 30 June ​ Rm ​ Rm ​ Rm ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT (CASH FLOW) ​ ​ ​ ​ ​ ​ ​ Current year additions ​ 22 613 16 022 38 092 ​ Adjustments for non-cash items ​ (20) (77) (2 947) ​ movement in environmental provisions capitalised ​ (20) (77) (2 947) ​ ​ ​ ​ ​ ​ ​ ​ ​ Per the statement of cash flows ​ 22 593 15 945 35 145 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 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 ​ 41 892 33 196 Authorised but not yet contracted for ​ 35 830 33 297 Less expenditure to the end of year ​ (32 438) (26 605) ​ ​ 45 284 39 888 ​ ​ ​ ​ ​ ​ ​ ​ to sustain existing operations ​ 30 805 25 591 to expand operations ​ 14 479 14 297 ESTIMATED EXPENDITURE ​ Within one year ​ 27 719 21 393 One to five years ​ 17 565 18 495 ​ ​ 45 284 39 888 ​ ​ ​ 19 Property, plant and equipment continued Significant capital commitments and expenditure at 30 June comprise mainly of: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital commitments ​ Capital expenditure ​ ​ ​ 2022 ​ 2021 2022 ​ 2021 Project ​ Project location ​ Business segment ​ Rm ​ Rm ​ Rm ​ Rm Projects to sustain operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shutdown and major statutory maintenance ​ Various ​ Various ​ 7 963 ​ 6 439 ​ 6 082 ​ 2 583 Environmental projects ​ Various Various 3 449 ​ 3 033 1 520 ​ 1 806 Clean fuels II Various Fuels 2 632 ​ 1 483 893 ​ 237 Projects to expand operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Environmental projects ​ South Africa ​ Fuels ​ 640 ​ — ​ — ​ — Mozambique exploration and development Mozambique Gas 11 448 ​ 10 786 1 377 ​ 234 Lake Charles Chemical Project United States Chemicals America — ​ 798 99 ​ 684 ​ 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 the impact of climate change and therefore requires a significant degree of judgement to be applied by management. The remaining useful lives of property, plant and equipment have been reassessed considering the group's targeted reduction in GHG emissions and remain appropriate. 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 (included in buildings and improvements) ​ 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 (included in mineral 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. ​ 19 Property, plant and equipment continued 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. 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
	Jun. 30, 2022
Long-term receivables and prepaid expenses
Long-term receivables and prepaid expenses	20 Long-term receivables and prepaid expenses ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Total long-term receivables ​ 4 230 ​ 4 956 Impairment of long-term receivables* (85) (91) Short-term portion (1 122) (986) ​ 3 023 3 879 Long-term prepaid expenses 187 345 ​ 3 210 4 224 Comprising: ​ ​ Long-term receivables (interest-bearing) - joint operations 584 605 Long-term loans 2 016 2 517 LCCP investment incentives 423 757 ​ 3 023 3 879 * 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 39 for detail on the impairments recognised.

Equity accounted investments

Equity accounted investments	12 Months Ended
	Jun. 30, 2022
Equity accounted investments.
Equity accounted investments	21 Equity accounted investments At 30 June, the group’s interest in equity accounted investments and the total carrying values were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Country of Interest 2022 2021 Name ​ incorporation ​ Nature of activities ​ % ​ Rm ​ Rm Joint ventures ​ ​ ​ ​ ​ ORYX GTL Limited Qatar GTL plant 49 8 920 9 329 Sasol Dyno Nobel (Pty) Ltd South Africa Manufacturing and distribution of explosives 50 267 260 Associates ​ ​ ​ Enaex Africa (Pty) Ltd South Africa Manufacturing and distribution of explosives 23 309 295 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 ​ 20 ​ 2 753 ​ — Other equity accounted investments ​ ​ Various 435 258 Carrying value of investments 12 684 10 142 1 Effective 29 June 2022 Sasol disposed of 30% of its shareholding in ROMPCO. The group retains 20% shareholding and the ability to appoint 4 of the 14 directors. Accordingly, the investment in ROMPCO is accounted for as an associate from the disposal date. 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. 21 Equity accounted investments continued 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. Refer to note 9 for more information on impairment assessments performed. Summarised financial information for the group’s share of equity accounted investments which are not material* ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Operating profit 114 128 Profit before tax 159 140 Taxation (50) (45) Profit for the year 109 95 * The financial information provided represents the group’s share of the results of the equity accounted investments. ​ ​ ​ ​ ​ ​ ​ 2022 2021 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 688 622 Authorised but not yet contracted for 884 713 Less: expenditure to the end of year (562) (348) ​ 1 010 987 ​ 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 and ROMPCO are considered to be material as it is closely monitored by and reported on to the decision makers and are considered to be a strategically material investments. ​ 21 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 and associate. 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 ​ 2022 2021 for the year ended 30 June Rm Rm Summarised statement of financial position ​ ​ ​ ​ Non-current assets ​ ​ 13 723 ​ 13 149 ​ Deferred tax asset ​ ​ 292 ​ 212 ​ Cash and cash equivalents* ​ ​ 4 208 ​ 2 682 ​ Other current assets ​ ​ 7 775 ​ 5 307 ​ Total assets ​ ​ 25 998 ​ 21 350 ​ Other non-current liabilities ​ ​ 704 ​ 742 ​ Other current liabilities ​ ​ 4 594 ​ 1 178 ​ Tax payable ​ ​ 2 496 ​ 391 ​ Total liabilities ​ ​ 7 794 ​ 2 311 ​ Net assets ​ ​ 18 204 ​ 19 039 ​ Summarised income statement ​ ​ ​ ​ ​ ​ Turnover ​ ​ 16 620 ​ 8 538 ​ Depreciation and amortisation ​ ​ (1 625) ​ (1 759) ​ Other operating expenses ​ ​ (5 497) ​ (4 513) ​ Operating profit before interest and tax ​ ​ 9 498 ​ 2 266 ​ Finance income ​ ​ 33 ​ 6 ​ Finance cost ​ ​ (42) ​ (48) ​ Profit before tax ​ ​ 9 489 ​ 2 224 ​ Taxation ​ ​ (3 329) ​ (758) ​ Profit and total comprehensive income for the year ​ ​ 6 160 ​ 1 466 ​ The group’s share of profits of equity accounted investment ​ ​ 3 019 ​ 719 ​ 49% share of profit before tax ​ ​ 4 650 ​ 1 090 ​ Taxation ​ ​ (1 631) ​ (371) ​ ​ ​ ​ ​ ​ ​ ​ Reconciliation of summarised financial information ​ ​ ​ ​ Net assets at the beginning of the year ​ ​ 19 039 ​ 21 452 ​ Earnings before tax for the year ​ ​ 9 489 ​ 2 224 ​ Taxation ​ ​ (3 329) ​ (758) ​ Foreign exchange differences ​ ​ 2 438 ​ (3 879) ​ Dividends paid** ​ ​ (9 433) ​ — ​ Net assets at the end of the year ​ ​ 18 204 ​ 19 039 ​ Carrying value of equity accounted investment ​ ​ 8 920 ​ 9 329 ​ * ** The year-end for ORYX GTL Limited is 31 December, however the group uses the financial information at 30 June. ​ 21 Equity accounted investments continued The carrying value of the investment represents the group’s interest in the net assets thereof. ​ ​ ​ ​ ​ ​ ​ ​ Associate ​ ​ The Republic of ​ ​ Mozambique Pipeline ​ ​ Investment Company ​ ​ (Pty) Ltd (ROMPCO) ​ ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Summarised statement of financial position Non-current assets 1 5 770 — Cash and cash equivalents 1 056 — Other current assets 373 — Total assets 7 199 — Other non-current liabilities 812 — Other current liabilities 125 — Tax payable 51 — Total liabilities 988 — Net assets 6 211 — Carrying value of equity accounted investment 2 753 — 1 Includes fair value adjustment on acquisition of investment. On 29 June 2022 the group disposed of 30% of its investment in ROMPCO, retaining a 20% interest. 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 2022 and 30 June 2021 relating to our joint ventures or associates. 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
	Jun. 30, 2022
Interest in joint operations
Interest in joint operations	22 Interest in joint operations At 30 June, the group’s interest in material joint operations were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ % of equity owned ​ ​ ​ ​ ​ ​ 2022 ​ 2021 Name Country of incorporation Nature of activities % % Louisiana Integrated Polyethylene JV LLC ​ United States of America ​ Manufactures high density polyethylene chemicals ​ 50 ​ 50 Sasol Canada 1 Canada Development of shale gas reserves and production and marketing of shale gas — 50 Natref South Africa Refining of crude oil 64 64 1 The Group sold its investment in Sasol Canada on 29 July 2021. In accordance with the Group's accounting policy, the results of joint operations are accounted for on a line by line basis. The information provided is Sasol’s share of joint operations (excluding unincorporated joint operations) and includes intercompany transactions and balances. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Louisiana ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ Polyethylene Total ​ Total ​ JV LLC* Natref 2022 ​ 2021** for the year ended 30 June Rm Rm Rm Rm Statement of financial position ​ ​ ​ ​ ​ ​ ​ ​ External non-current assets ​ 30 554 ​ 3 595 ​ 34 149 ​ 30 647 External current assets ​ 1 006 ​ 351 ​ 1 357 ​ 4 872 Intercompany current assets ​ 60 ​ 12 ​ 72 ​ 2 Total assets ​ 31 620 ​ 3 958 ​ 35 578 ​ 35 521 Shareholders’ equity ​ 30 785 ​ 296 ​ 31 081 ​ 28 754 Long-term liabilities ​ 27 ​ 2 427 ​ 2 454 ​ 2 522 Interest-bearing current liabilities ​ 44 ​ 193 ​ 237 ​ 225 Non-interest-bearing current liabilities ​ 546 ​ 655 ​ 1 201 ​ 2 607 Intercompany current liabilities ​ 218 ​ 387 ​ 605 ​ 1 413 Total equity and liabilities ​ 31 620 ​ 3 958 ​ 35 578 ​ 35 521 * The joint operation with LyondellBasell operates as a tolling arrangement. Sasol retains control of our portion of 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. Equistar, as subsidiary of LyondellBasell, acts as an independent agent, for a fee, to exclusively market and sell all of Sasol's Linear low-density polyethylene (LLDPE) and Low-density polyethylene (LDPE) produced by the joint operation to customers. ** The group sold it's investment in Sasol Canada on 29 July 2021 and its investment in Central Térmica de Ressano Garcia (CTRG) on 29 April 2022. At 30 June 2022, the group’s share of the total capital commitments of joint operations amounted to R952 million (2021 – R717 million).

Interest in significant operati

Interest in significant operating subsidiaries	12 Months Ended
	Jun. 30, 2022
Interest in significant operating subsidiaries
Interest in significant operating subsidiaries	23 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, primarily holds 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 2022. ​ 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 2022 2021 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. ​ 23 Interest in significant operating subsidiaries continued ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Country of % of equity owned Name incorporation Nature of activities 2022 2021 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 — 1 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 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 Sasol sold 30% and retained 20% of our equity interest in the ROMPCO pipeline on 29 June 2022. ROMPCO is now accounted for as an associate. Refer note 21. 2 Sasol sold its investment in Sasol Canada on 29 July 2021. 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. 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 until there is a disposal of the foreign operation. When a foreign operation is disposed of in its entirety or partially such that control, significant influence or joint control is lost, the cumulative amount in the translation reserve related to that foreign operation is reclassified to profit or loss as part of the gain or loss on disposal and included in remeasurement items.

Inventories

Inventories	12 Months Ended
	Jun. 30, 2022
Inventories
Inventories	24 Inventories ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Carrying value ​ ​ ​ ​ Crude oil and other raw materials 6 515 4 269 Process material 2 079 1 834 Maintenance materials 5 636 5 585 Work in progress 2 661 2 560 Manufactured products 23 988 15 315 Consignment inventory 231 179 ​ 41 110 29 742 ​ A net realisable value write-down of R451 million was recognised in 2022 (2021 - R83 million). Inventory of R1 803 million (2021 – R1 118 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. 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
	Jun. 30, 2022
Trade and other receivables
Trade and other receivables	25 Trade and other receivables ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June Rm Rm Trade receivables 1 32 778 23 692 Other receivables 4 546 3 708 Related party receivables — equity accounted investments 2 2 074 255 Impairment of trade and other receivables* (462) (515) Trade and other receivables 38 936 27 140 Slate recovery receivable 3 ​ 2 571 ​ 78 Duties recoverable from customers 485 263 Prepaid expenses and other 2 115 1 860 Value added tax 4 2 564 1 592 ​ 46 671 30 933 1 Increase mainly as a result of higher sales prices and weaker Rand/$ closing rate. 2 Included in related party receivables is a dividend receivable from ORYX GTL Limited of R1,6 billion. 3 Sasol Oil Slate balance reflecting an under recovery mainly as a result of increased international crude oil prices coupled with a weak Rand/$ exchange rate. The slate balance will be recovered through the Department of Mineral Resources and Energy's slate levy mechanism and under recoveries due to BFP price changes. 4 Increase due to refund received after 30 June 2022. *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 39 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
	Jun. 30, 2022
Trade and other payables.
Trade and other payables	26 Trade and other payables ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June Rm Rm ​ ​ ​ ​ ​ ​ Trade payables* ​ 26 888 17 197 ​ Capital project related payables ​ 457 960 ​ Accrued expenses ​ 4 807 4 323 ​ Other payables (financial liabilities)** ​ ​ 6 611 ​ 652 ​ Related party payables ​ 1 110 157 ​ third parties ​ 191 155 ​ equity accounted investments ​ 919 2 ​ Trade payables ​ 39 873 23 289 ​ Other payables (non financial liabilities)*** ​ 9 037 8 422 ​ Duties payable to revenue authorities ​ 4 172 4 785 ​ Value added tax ​ 473 174 ​ ​ ​ 53 555 36 670 ​ * Increase mainly due to the increase in the cost of raw material ** Other payables (financial liabilities) relate to payables for crude oil derivatives that settled out of the money. *** Other payables (non-financial liabilities) 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
	Jun. 30, 2022
(Increase)/decrease in working capital
(Increase)/decrease in working capital	27 (Increase)/decrease in working capital ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 ​ Rm Rm Rm (Increase)/decrease in inventories (12 281) (4 872) 3 397 (Increase)/decrease in trade receivables (9 414) (7 198) 6 431 Increase/(decrease) in trade payables 10 159 4 916 (3 990) (Increase)/decrease in working capital (11 536) (7 154) 5 838 ​

Cash and cash equivalents

Cash and cash equivalents	12 Months Ended
	Jun. 30, 2022
Cash and cash equivalents.
Cash and cash equivalents	28 Cash and cash equivalents ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Cash and cash equivalents ​ 40 577 ​ 28 981 Restricted cash and cash equivalents ​ 2 563 ​ 2 250 ​ ​ 43 140 ​ 31 231 Bank overdraft (173) (243) Per the statement of cash flows 42 967 30 988 Cash by currency Rand 27 122 14 994 Euro 2 835 2 159 US dollar 12 289 12 787 Other currencies 721 1 048 ​ 42 967 30 988 ​ Included in restricted cash and cash equivalents are cash in respect of various special purpose entities and joint operations in the group for use within those entities only, cash in respect of short-term rehabilitation commitments and 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
	Jun. 30, 2022
Cash generated by operating activities
Cash generated by operating activities	29 Cash generated by operating activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Cash flow from operations 30 67 674 52 268 36 546 (Increase)/decrease in working capital 27 (11 536) (7 154) 5 838 ​ ​ ​ 56 138 45 114 42 384 ​

Cash flow from operations

Cash flow from operations	12 Months Ended
	Jun. 30, 2022
Cash flow from operations
Cash flow from operations	30 Cash flow from operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Earnings/(loss) before interest and tax (EBIT/(LBIT)) ​ ​ ​ 61 417 ​ 16 619 ​ (111 926) Adjusted for share of (profits)/losses of equity accounted investments 21 (3 128) (814) 347 equity-settled share-based payment 35 1 164 1 927 1 946 depreciation and amortisation ​ ​ 14 073 17 644 22 327 effect of remeasurement items 9 (9 903) 23 218 111 978 movement in long-term provisions ​ ​ ​ ​ ​ income statement charge 32 643 (3) (2 208) utilisation 32 (310) (388) (734) movement in short-term provisions ​ ​ (2 182) 2 839 39 movement in post-retirement benefits ​ ​ 443 880 733 translation effects ​ ​ ​ (886) ​ (5 047) ​ 6 098 write-down of inventories to net realisable value ​ ​ 451 83 384 movement in financial assets and liabilities ​ ​ 2 760 (4 225) 3 990 movement in other receivables and payables ​ ​ 3 223 (240) 3 057 other non-cash movements ​ ​ (91) (225) 515 ​ ​ ​ 67 674 52 268 36 546 ​

Dividends paid

Dividends paid	12 Months Ended
	Jun. 30, 2022
Dividends paid
Dividends paid	31 Dividends paid ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June Rm Rm Rm Final dividend — prior year ​ 23 ​ 16 ​ 10 Interim dividend — current year 26 30 21 ​ 49 46 31 Forecast cash flow on final dividend — current year 9 344 — — ​ Dividends paid relate to dividends distributed by Sasol South Africa Limited to Sasol Khanyisa participants. The forecast cash flow on the final dividend is calculated based on the net number of Sasol ordinary shares and BEE ordinary shares in issue at 30 June 2022 of 636 million. The actual dividend payment will be determined on the record date of 6 September 2022.

Long-term provisions

Long-term provisions	12 Months Ended
	Jun. 30, 2022
Long-term provisions
Long-term provisions	PROVISIONS 32 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 ​ ​ 16 196 ​ 29 ​ 1 136 ​ 17 361 Capitalised to property, plant and equipment ​ ​ 20 ​ — ​ — ​ 20 Reduction in rehabilitation provision capitalised 1 ​ (484) — — (484) ​ Transfer to disposal groups held for sale 2 ​ (938) — (30) (968) ​ Per the income statement ​ 925 (27) (255) 643 ​ additional provisions and changes to existing provisions ​ 971 (9) 52 1 014 ​ reversal of unutilised amounts ​ — (18) (252) (270) ​ effect of change in discount rate ​ (46) — (55) (101) ​ Notional interest ​ 721 — 5 726 ​ Utilised during year (cash flow) ​ (216) (2) (92) (310) ​ Foreign exchange differences recognised in income statement ​ 138 — 32 170 ​ Translation of foreign operations ​ 845 — 12 857 ​ Balance at end of year ​ 17 207 — 808 18 015 ​ 1 Decrease in rehabilitation provision capitalised in 2022 relates to a reassessment of the provision based on discount rates and cost estimates. 2 Relates to long-term provisions of the European wax business disposed of during the year, refer note 10. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for the year ended 30 June Note Rm Rm Expected timing of future cash flows ​ ​ ​ ​ ​ Within one year ​ ​ 1 465 1 197 ​ One to five years ​ ​ 5 429 5 287 ​ More than five years ​ ​ 11 121 10 877 ​ ​ ​ ​ 18 015 17 361 ​ Short-term portion 33 (1 465) (1 197) ​ Long-term provisions ​ ​ 16 550 16 164 ​ Estimated undiscounted obligation* ​ ​ 105 792 92 109 ​ * Increase relates mainly to a reassessment of cost estimates and volumes used in the environmental provisions. ​ 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. ​ 32 Long-term provisions continued The total environmental provision at 30 June 2022 amounted to R17 207 million (2021 — R16 196 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 R700 million (2021 — R676 million). In addition, indemnities of R2 314 million (2021 — R2 190 million) are in place. The following risk-free rates were used to discount the estimated cash flows based on the underlying currency and time duration of the obligation. ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for the year ended 30 June % % South Africa 6,6 to 10,1 4,2 to 10,3 Europe 0,6 to 2,4 0,0 to 0,5 United States of America 2,2 to 3,3 0,2 to 1,8 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 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 ​ (4 405) (4 352) ​ amount capitalised to property, plant and equipment ​ (1 237) (1 250) ​ income recognised in income statement ​ (3 168) (3 102) ​ Decrease in the discount rate ​ 5 474 5 266 ​ amount capitalised to property, plant and equipment ​ 1 646 1 787 ​ expense recognised in income statement ​ 3 828 3 479 ​ ​ Share Appreciation Rights scheme All remaining rights in terms of the Share Appreciation Rights scheme have vested and will expire in September 2022. The unexercised rights have an intrinsic value of Rnil (2021: Rnil).

Short-term provisions

Short-term provisions	12 Months Ended
	Jun. 30, 2022
Short-term provisions
Short-term provisions	33 Short-term provisions ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm Other provisions 1 ​ ​ ​ 1 126 ​ 3 370 Short-term portion of ​ ​ ​ ​ long-term provisions 32 1 465 1 197 post-retirement benefit obligations 34 553 497 ​ ​ ​ 3 144 5 064 1 Decrease mainly relates to a provision raised in 2021 for the National Energy Regulator of South Africa's final decision on the maximum gas price methodology for Sasol Gas, which was reclassified to trade and other payables in 2022. Refer note 36.1. The remaining balance includes emission right provisions of R609 million and employee related provisions of approximately R214 million. ​ 33 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. The pace of transition to a low carbon economy will impact the anticipated time period over which decommissioning liabilities are expected to be incurred in future. 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
	Jun. 30, 2022
Post-retirement benefit obligations
Post-retirement benefit obligations	34 Post-retirement benefit obligations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-current ​ Current ​ Total ​ ​ ​ 2022 ​ 2021 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm Post-retirement healthcare obligations 34.1 ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ 3 300 ​ 3 238 256 ​ 218 ​ 3 556 ​ 3 456 United States of America ​ 228 ​ 236 20 ​ 21 ​ 248 ​ 257 ​ ​ ​ 3 528 ​ 3 474 276 ​ 239 ​ 3 804 ​ 3 713 Pension obligations 34.2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Foreign — post-retirement benefit obligation ​ 6 535 ​ 9 823 277 ​ 258 ​ 6 812 ​ 10 081 Total post-retirement benefit obligations ​ 10 063 ​ 13 297 553 ​ 497 ​ 10 616 ​ 13 794 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension assets 34.2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa — post-retirement benefit asset ​ (64) ​ (46) — ​ — ​ (64) ​ (46) Foreign — post-retirement benefit asset ​ (569) ​ (545) — ​ — ​ (569) ​ (545) Total post-retirement benefit assets ​ (633) ​ (591) — ​ — ​ (633) ​ (591) Net pension obligations ​ 5 902 ​ 9 232 277 ​ 258 ​ 6 179 ​ 9 490 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loss/(gain) recognised in the income Loss/(gain) recognised in other ​ ​ ​ ​ statement ​ comprehensive income ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm Post-retirement benefit obligations Post-retirement healthcare obligations 34.1 442 407 467 (131) 201 (1 040) Pension benefits - projected benefit obligation 34.2 7 934 7 248 7 073 (3 184) 5 715 (6 921) Pension benefits - plan asset of funded obligation 34.2 (6 699) (6 115) (5 470) (963) (7 062) 7 507 Net movement on asset limitation and reimbursive right ​ ​ 396 357 232 1 863 312 601 ​ ​ ​ 2 073 1 897 2 302 (2 415) (834) 147 ​ 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. ​ 34 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; or ● 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 2022 31 March 2022 Last actuarial valuation — United States of America 30 June 2022 30 June 2022 Last actuarial valuation — Europe n/a 30 April 2022 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. 34 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 ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 at valuation date ​ % ​ % ​ % ​ % ​ % ​ % Healthcare cost inflation 7,5 7,5 n/a * n/a * n/a n/a Discount rate — post-retirement medical benefits 12,4 11,6 4,3 2,7 n/a n/a Discount rate — pension benefits 12,4 11,1 4,2 2,0 2,5 ​ 1,2 Pension increase assumption 5,1 5,2 n/a ** n/a ** 2,2 1,8 Average salary increases 5,5 ​ 5,5 ​ 4,2 4,2 3,2 2,8 Weighted average duration of the obligation — post-retirement medical obligation 14 years 13 years 10 years 12 years n/a n/a Weighted average duration of the obligation — pension obligation 12 years 12 years 4 years ​ 7 years 16 years 18 years ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * 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. Assumptions regarding future mortality are based on published statistics and mortality tables. 34.1 Post-retirement healthcare obligations 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. Reconciliation of the total post-retirement healthcare obligation recognised in the statement of financial position ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa United States of America Total ​ ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June ​ ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm Total post-retirement healthcare obligation at beginning of year ​ 3 456 2 992 257 385 3 713 3 377 Movements recognised in the income statement: ​ 421 413 21 (6) 442 407 current service cost ​ 30 26 14 18 44 44 interest cost ​ 391 387 7 7 398 394 curtailments and settlements ​ — — — (31) — (31) Actuarial (gains)/losses recognised in other comprehensive income: ​ (91) 237 (40) (36) (131) 201 arising from changes in financial assumptions ​ (284) 539 (41) (12) (325) 527 arising from changes in actuarial experience ​ 193 (302) 1 (24) 194 (326) Benefits paid ​ (230) (186) (22) (23) (252) (209) Translation of foreign operations ​ — — 32 (63) 32 (63) Total post-retirement healthcare obligation at end of year ​ 3 556 3 456 248 257 3 804 3 713 ​ 34 Post-retirement benefit obligations continued 34.1 Post-retirement healthcare obligations continued 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 ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June ​ Rm ​ Rm ​ Rm ​ Rm 1% point change in actuarial assumptions: ​ Increase in the healthcare cost inflation 387 411 — * — * Decrease in the healthcare cost inflation (325) (344) — * — * Increase in the discount rate (309) (329) (21) (25) ​ Decrease in the discount rate 373 399 28 34 ​ * 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 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. ​ 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. ​ 34 Post-retirement healthcare obligations continued 34.2 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 2022 are 2 077 048 (2021 — 2 082 248) Sasol ordinary shares valued at R772 million (2021 — R454 million) at year-end purchased under terms of an approved investment strategy, and property valued at R1 533 million (2021 — R1 521 million) that is currently occupied by Sasol. 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. 34 Post-retirement healthcare obligations continued 34.2 Pension benefits continued Pension fund assets The assets of the pension funds are invested as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ United States of America ​ 2022 ​ 2021 ​ 2022 ​ 2021 at 30 June ​ % ​ % ​ % ​ % Equities ​ ​ 55 ​ 54 ​ 35 ​ 30 resources ​ 7 7 5 4 industrials ​ 3 2 4 3 consumer discretionary ​ 9 11 4 4 consumer staples ​ 7 9 2 2 healthcare ​ 5 5 4 4 information technologies ​ 8 6 8 6 telecommunications ​ 4 4 3 2 financials (ex real estate) ​ 12 10 5 5 Fixed interest ​ 18 16 40 50 Direct property ​ 10 11 9 6 Listed property ​ 3 2 — — Cash and cash equivalents ​ 2 4 — — Third party managed assets ​ 11 12 — — Other ​ 1 1 16 14 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. ​ 34 Post-retirement benefit obligations continued 34.2 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 25 35 — 100 foreign 25 35 — 100 Fixed interest 10 25 — 100 Property 10 20 — 100 Other — 15 — 100 1 Members of the defined contribution scheme have a choice of four investment portfolios. The total assets of the fund under these investment portfolios are R 216 million, R 64 656 million, R 1 269 million and R 919 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 targeted allocation disclosed represents the moderate balanced investment portfolio which the majority of the members of the scheme have adopted. The South African targeted allocation was updated to incorporate the higher permissible foreign asset allocation, by raising the foreign equity allocation to a range of 25 - 35% from 15 - 30% (the mid-point effectively increases by 7,5 percentage points) and reducing the local equity allocation commensurately. 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 ​ 2022 2021 2022 2021 2022 2021 ​ for the year ended 30 June ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Projected benefit obligation (funded) ​ ​ 60 478 ​ 57 054 ​ 3 218 ​ 3 240 ​ 63 696 ​ 60 294 ​ defined benefit portion ​ 29 569 25 119 3 218 3 240 32 787 28 359 ​ defined benefit option for defined contribution members ​ 30 909 31 935 — — 30 909 31 935 ​ Plan assets ​ (66 284) (60 671) (3 787) (3 732) (70 071) (64 403) ​ defined benefit portion ​ (35 375) (28 736) (3 787) (3 732) (39 162) (32 468) ​ defined benefit option for defined contribution members ​ (30 909) (31 935) — — (30 909) (31 935) ​ Projected benefit obligation (unfunded) ​ — — 6 812 10 028 6 812 10 028 ​ Asset not recognised due to asset limitation ​ 5 742 3 571 — — 5 742 3 571 ​ Net liability/(asset) recognised ​ (64) (46) 6 243 9 536 6 179 9 490 ​ ​ ​ 34 Post-retirement benefit obligations continued 34.2 Pension benefits Continued The increase of R1 775 million in the asset limitation (2021 — R291 million) was recognised as a loss in other comprehensive income while interest on the asset of R396 million (2021 – R357 million) was recognised in the income statement. 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. Based on the latest actuarial valuation of the fund and the approval of the trustees of the surplus allocation, the group has an unconditional entitlement to only the funds in the employer surplus account and the contribution reserve. The remaining estimated surplus due to the company amounted to approximately R64 million (2021 — R46 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. ​ 34 Post-retirement benefit obligations continued 34.2 Pension benefits continued Reconciliation of projected benefit obligation ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ Foreign ​ Total ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Rm Rm Rm Rm Projected benefit obligation at beginning of year ​ 57 054 47 228 13 268 16 321 70 322 63 549 ​ Movements recognised in income statement: ​ 7 326 6 571 608 677 7 934 7 248 ​ current service cost ​ 1 115 923 434 579 1 549 1 502 ​ curtailments and settlements ​ — — — (129) — (129) ​ interest cost ​ 6 211 5 648 174 227 6 385 5 875 ​ Actuarial (gains)/losses recognised in other comprehensive income: ​ (533) 6 093 (2 651) (378) (3 184) 5 715 ​ arising from changes in demographic assumptions ​ — — — (1) — (1) ​ arising from changes in financial assumptions ​ (2 133) 303 (2 654) (452) (4 787) (149) ​ arising from change in actuarial experience ​ 1 600 5 790 3 75 1 603 5 865 ​ Member contributions ​ 536 503 — — 536 503 ​ Benefits paid ​ (3 905) (3 341) (496) (1 070) (4 401) (4 411) ​ Disposal of business 1 ​ ​ — ​ — ​ (1 223) ​ — ​ (1 223) ​ — ​ Translation of foreign operations ​ — — 524 (2 282) 524 (2 282) ​ Projected benefit obligation at end of year ​ 60 478 57 054 10 030 13 268 70 508 70 322 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ unfunded obligation 2 ​ — — 6 812 10 028 6 812 10 028 ​ funded obligation ​ 60 478 57 054 3 218 3 240 63 696 60 294 ​ 1 Relates to the disposal of Sasol's European wax business in Germany. 2 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 R135 million (2021 – R218 million). A decrease of R88 million (2021 – increase of R22 million) has been recognised as a loss in other comprehensive income in respect of the reimbursive right. ​ 34 Post-retirement benefit obligations continued 34.2 Pension benefits Continued Reconciliation of plan assets of funded obligation ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ Foreign ​ Total ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Rm Rm Rm Rm Fair value of plan assets at beginning of year ​ 60 671 50 618 3 732 4 502 64 403 55 120 ​ Movements recognised in income statement: ​ 6 610 6 035 89 80 6 699 6 115 ​ interest income ​ 6 610 6 035 89 80 6 699 6 115 ​ Actuarial gains/(losses) recognised in other comprehensive income: ​ 1 200 6 303 (237) 759 963 7 062 ​ arising from return on plan assets ​ 1 200 6 303 (237) 759 963 7 062 ​ (excluding interest income) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plan participant contributions 1 ​ 536 503 — — 536 503 ​ Employer contributions 1 ​ 1 172 553 27 53 1 199 606 ​ Benefit payments ​ (3 905) (3 341) (312) (869) (4 217) (4 210) ​ Translation of foreign operations ​ — — 488 (793) 488 (793) ​ Fair value of plan assets at end of year ​ 66 284 60 671 3 787 3 732 70 071 64 403 ​ Actual return on plan assets ​ 7 810 12 338 (148) 839 7 662 13 177 ​ 1 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 2023 financial year. ​ ​ ​ ​ ​ ​ ​ South Africa Foreign ​ ​ Rm ​ Rm Pension contributions 1 209 29 ​ 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 ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Rm Rm 1% point change in actuarial assumptions ​ Increase in average salaries increase assumption 6 9 312 470 ​ Decrease in average salaries increase assumption (6) (8) (271) (446) ​ Increase in the discount rate (1 161) (1 474) (1 199) (1 833) ​ Decrease in the discount rate 1 364 1 748 1 507 2 360 ​ Increase in the pension increase assumption 1 453 1 821 929 * 1 353 * Decrease in the pension increase assumption (1 261) (1 566) (737) * (1 102) * * 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. ​ 34 Post-retirement benefit obligations continued 34.2 Pension benefits Continued 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
	Jun. 30, 2022
Share-based payment reserve.
Share-based payment reserve	RESERVES 35 Share-based payment reserve ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 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: ​ ​ Long-term incentives 35.1 ​ 1 001 1 042 878 ​ Sasol Khanyisa Employee Share Ownership Plan (ESOP) ​ 35.2 ​ ​ 163 ​ 885 ​ 1 068 ​ Tier 1 — Eligible Inzalo participants ​ ​ — 567 642 ​ Tier 2 — Qualifying employees ​ ​ 163 318 426 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity-settled — recognised directly in equity ​ ​ 1 164 1 927 1 946 ​ ​ 35.1 Sasol 2016 Long-term Incentive plan The objective of the Sasol Long-term Incentive (LTI) plan is to provide qualifying senior employees the opportunity of receiving an incentive linked to the value of Sasol Limited ordinary shares and to align the interest of participants with the interest of shareholders. The LTI plan allows certain senior employees to earn a long-term incentive amount subject to the achievement of vesting conditions. 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, unvested LTIs vest immediately. For terminations due to retrenchment or retirement, vesting depends on the role category of the participant. Accelerated vesting does not apply to top management. The standard vesting period is 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. ​ 35 Share-based payment reserve continued 35.1 Sasol 2016 Long-term Incentive plan continued ​ ​ ​ ​ ​ ​ ​ ​ Weighted average ​ ​ Number of ​ fair value Movements in the number of incentives outstanding ​ incentives ​ Rand 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 LTIs granted 3 822 529 246,26 LTIs exercised (1 488 900) 461,96 Effect of CPTs and LTIs forfeited (1 544 102) 351,79 Balance at 30 June 2022* 14 262 197 222,16 * The incentives outstanding as at 30 June 2022 have a weighted average remaining vesting period of 1,4 ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for year ended 30 June Rand Rand Average weighted market price of LTIs vested 230,48 134,25 ​ ​ ​ ​ ​ ​ ​ ​ Average fair value of incentives granted ​ 2022 2021 Model ​ ​ Monte-Carlo Monte-Carlo Risk-free interest rate — Rand (%) 4,96 – 7,28 3,99 – 5,90 Risk-free interest rate — US$ (%) 0,32 – 1,45 0,17 – 0,28 Expected volatility (%) 78,67 98,34 Expected dividend yield (%) 2,90 3,49 Expected forfeiture rate (%) 5 5 Expected vesting percentage ​ (%) ​ 97,27 ​ 97,42 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 overall expected vesting percentage takes into consideration service, market and non-market conditions. Refer to the Report of the Remuneration Committee for details on the vesting conditions. The valuation of the share-based payment expense requires a significant degree of judgement to be applied by management. ​ 35 Share-based payment reserve continued 35.1 Sasol 2016 Long-term Incentive plan continued 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. 35.2 The Sasol Khanyisa share transaction 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 ongoing and sustainable B-BBEE ownership credentials for Sasol Limited. 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. Sasol Khanyisa Tier 1 was concluded in 2021. At the end of 10 years, or earlier if the underlying funding has been settled, the participants in Khanyisa Tier 2, will exchange their SSA shareholding on a fair value-for-value basis for SOLBE1 shares to the extent that value was 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 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 are 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. ​ 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 2022 have a weighted average remaining vesting period of 2,5 2,6 ) and was derived from the Monte-Carlo option pricing model. The estimated strike price value for Tier 2 is R ) and represents the remaining vendor funding per share at 30 June 2022. ​ 35 Share-based payments reserve continued 35.2 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. ● 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.

Contingent liabilities

Contingent liabilities	12 Months Ended
	Jun. 30, 2022
Contingent liabilities
Contingent liabilities	OTHER DISCLOSURES 36 Contingent liabilities 36.1 Litigation 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. ​ 36 Contingent liabilities continued 36.1 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 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 R407 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 Arbitration main hearing has concluded with the only outstanding business being the hearing of final legal arguments. Fluor filed its Heads of Argument during May 2022 wherein Fluor abandoned a large portion of its claim and now seeks compensation in the sum of R289,1 million, alternatively R289,6 million and an extension of time of only 147 days. Sasol Filed its Heads of Argument during June 2022 and the parties are in process of attempting to agree on when final legal arguments are to be made. 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 2022. 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 36 Contingent liabilities continued 36.1 Litigation continued Sasol Mining successfully applied for leave to appeal the ruling. The appeal was heard on 24 March 2021. Sasol Mining presented a settlement proposal on request by the Judge President of the Labour Court 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. The Labour Appeal Court’s ruling was subsequently received and the appeal was successful. In light of the court’s ruling and the matter being finalised, no provision was recognised at 30 June 2022. 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. The Labour Court recently issued a directive to prepare a pre-trial minute to be filed with the registrar alternatively to appear before a judge of the Labour Court on 10 August 2022. The parties filed the pre-trial minute and are awaiting the allocation of the trial date. Due to the current status of the matter no provision was recognised at 30 June 2022. 36 Contingent liabilities continued 36.1 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. Following a judicial review of the 2013 NERSA maximum gas price decision, the Constitutional Court of South Africa (Constitutional Court), on 15 July 2019 overturned the NERSA decision and referred the matter back to NERSA. The court confirmed that the new decision to be taken by NERSA regarding the maximum gas price would apply retrospectively from 26 March 2014 when the original decisions (now overturned) became effective. The November 2017 NERSA Maximum gas price decision relating to the period from July 2017 was based on the same principles as the 2013 decision. Following a legal review application by the Industrial Gas Users Association of Southern Africa (IGUA-SA), whose members include a number of large gas customers, this NERSA decision was overturned on 3 May 2021. Accordingly, the new 2021 maximum gas price decision by NERSA 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. 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. With effect from 1 September 2021 Sasol Gas adopted a revised actual gas price methodology in terms of its supply agreements with customers in order to comply with the new NERSA maximum gas price decision. 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 R1,6 billion as at 31 December 2021 (30 June 2021: R1,4 billion) in respect of these anticipated claims by customers. In May 2022 Sasol Gas pro-actively approached its customers with a bespoke settlement offer for each affected customer to resolve this retrospective liability. By 30 June 2022 final and provisional settlements with an aggregate value of R In December 2021 IGUA-SA launched a legal review application in which it seeks to overturn the maximum gas price decision by NERSA as published at the start of July 2021 approving Maximum Gas Prices for Sasol Gas for the period from 2014 – 2023. Both NERSA and Sasol Gas are cited in this further litigation. The applicant alleges that the NERSA decision is unreasonable and irrational as the decision does not mimic a competitive market and fails to comply with the directives contained in the abovementioned Constitutional Court decision. ​ 36 Contingent liabilities continued 36.1 Litigation continued NERSA and Sasol Gas will oppose the application. The current 2021 NERSA maximum gas price decision remains in force until such time as it is set aside (if at all) by a competent court and NERSA makes a new decision. The legal obligations for Sasol Gas flowing from the existing decision accordingly also remain unaffected by this application pending the decision of the court. Sasol Oil (Pty) Ltd & Total South Africa (Pty) Ltd v Transnet SOC Ltd – Crude Oil Transportation Tariff dispute Sasol Oil uses Transnet Pipelines to transport crude oil to NATREF for processing and is charged for this service at a specific crude oil tariff per liter. This tariff was historically determined through a commercial agreement between the Parties, which agreement also included the so-called Variation Agreement relating to the inland nature of the NATREF refinery. After the tariffs started to be determined by NERSA in terms of the Petroleum Pipelines Act, 2003 (Act 60 of 2003) a dispute arose between the parties regarding the tariff applicable to the conveyance of crude oil. On 18 September 2017, Sasol Oil issued summons against Transnet SOC Limited (“Transnet”) for payment in the amount of R1 billion this being the difference between the transportation costs that should have been charged by Transnet in terms of the Variation Agreement compared to the tariffs that were actually charged by Transnet in terms of the NERSA approved tariffs. The NERSA approved tariffs do not distinguish between the tariff for crude oil and the tariff for refined products. Total South Africa (Pty) Ltd (Total) instituted legal proceedings of a similar nature against Transnet in 2013. Transnet defended the matter. Sasol Oil and Total’s actions have been consolidated. Certain issues in the consolidated matter have already been decided by the High Court in 2015 and the Supreme Court of Appeal (“SCA”) in 2016. Transnet ultimately acknowledged the existence and the conclusion of the Variation Agreement, which it previously denied, and it then gave notice of cancellation of the Variation Agreement. Certain separated issues in the ongoing litigation were argued by the Parties on 17 September 2020 and on 9 October 2020, the High Court made an order in favour of both Sasol Oil and Total that (i) Transnet’s special plea regarding the formulation by Sasol Oil and Total of their damages claim was dismissed; (ii) Transnet’s purported cancellation of the Variation Agreement was declared invalid and ineffectual; (iii) Transnet is bound by and is obliged to perform in terms of the Variation Agreement; (iv) Transnet’s separated defences raised regarding location advantage and the public law defences were dismissed; and (v) a cost order against Transnet. Transnet’s application for leave to appeal the judgment was dismissed by the High Court on 21 November 2020 with costs. Transnet subsequently petitioned the SCA to be granted special leave to appeal to the SCA, alternatively the Full Bench of the High Court. Transnet’s appeal was limited to two of the aforesaid findings, namely (i) that the High Court erred in finding that Transnet’s termination of the Variation Agreement was invalid and ineffectual and (ii) that the High Court erred in not finding that Sasol’s and Total’s claims did not disclose a cause of action. Sasol Oil and Total opposed Transnet’s application and on 15 March 2021 the SCA dismissed Transnet’s application with costs. On 7 April 2021, Transnet approached the Constitutional Court with an application for leave to appeal. Sasol Oil and Total opposed the application and it was heard by the court on 16 November 2021. 36 Contingent liabilities continued 36.1 Litigation continued The Constitutional Court handed down judgment on 21 June 2022: ● The Constitutional Court did not grant Transnet leave to appeal on the cause of action issue as it did not engage the Court’s jurisdiction of general public importance. In the circumstances, Sasol and Total’s contractual damages claims following Transnet’s breach of the Variation Agreement remain intact at least until the Variation Agreement was validly terminated, which the Court held was 13 September 2020 (see below). Sasol Oil will now take next steps in the legal proceedings to deal with the quantum of its contractual damages claim in the High Court; ● The Constitutional Court granted Transnet leave to appeal in respect of the termination issue, allowed Transnet’s appeal and declared that the Variation Agreement was terminable, was terminated validly and came to an end on 13 September 2020. The Constitutional Court set aside the High Court’s order in so far as it related to the termination issue. After the High Court judgement mentioned above, Sasol Oil and Total proceeded to apply their own calculation of the corrected crude oil tariff in line with the High Court judgment and made payment for crude oil conveyance from December 2020 in accordance with this calculation. The calculation has been adjusted for each tariff year. These payments are at the reduced tariff and therefore constitute a shortfall to Transnet in respect of the tariff invoiced by Transnet over this period. The aggregate amount of these short payments by Sasol Oil is R624 million up to 30 June 2022. At the time Transnet indicated that it accepts these payments under protest. Following the Constitutional Court judgment Transnet has demanded the payment by Sasol Oil of the short payment amount and issued summons against Sasol Oil claiming such payment. As at 30 June 2022 Sasol Oil has provided for the amount of R624 million. In consultation with counsel Sasol Oil is considering the viability of a possible review application to challenge the NERSA tariff decisions, inter alia on the grounds of the alleged discrimination due to the failure to distinguish between the conveyance of crude oil vs other petroleum products. The impact of such possible litigation on the previous short-payments and whether or not there remains a legal basis for Sasol Oil to continue with the short-payments until the tariff dispute is either resolved through litigation or by agreement between the Parties. Transnet and Sasol Oil have also commenced engagements to endeavour to find a commercial resolution to the ongoing disputes. Sasol Oil will in parallel also take the necessary steps to proceed with the quantum part of litigation relating to the damages claim. 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. 36 Contingent liabilities continued 36.1 Litigation continued It is important to also note that Sasol’s Directors and Officers insurance carriers have indicated coverage under the policy for this matter. Pursuant to a mediation process, the parties have reached a settlement in this matter which settlement was approved by the court on 18 August 2022, bringing this matter to a close. 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. 36.2 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. 36.3 Environmental orders Sasol’s environmental obligation accrued at 30 June 2022 was R17 207 million compared to R16 196 million at 30 June 2021. 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
	Jun. 30, 2022
Related party transactions
Related party transactions	37 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 21. 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. ​ 37 Related party transactions continued 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Sales and services rendered from subsidiaries to related parties ​ ​ ​ ​ ​ ​ Joint ventures 2 737 2 635 672 Purchases by subsidiaries from related parties Joint ventures 4 8 691 Associates 153 100 78 ​ 157 108 769 ​ 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. 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 ​ incentives 2 ​ 2022 1 ​ 2021 1 ​ 2020 1 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 EXECUTIVE DIRECTORS 26 980 764 2 948 22 691 ​ 53 383 65 493 22 944 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 2022 financial year and payable in the 2023 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2022 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 2022, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Long-term ​ ​ ​ ​ ​ ​ ​ ​ incentive ​ Total ​ Total ​ Total ​ ​ rights vested 1 ​ 2022 ​ 2021 ​ 2020 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 EXECUTIVE DIRECTORS 30 850 30 850 4 824 2 657 1 Long-term incentives for the 2022 financial year represent incentives approved on the group results for theperformance period ended 30 June 2022, settled in the 2023 financial year. ​ 37 Related party transactions continued 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 ​ 2022 1 ​ 2021 1 ​ 2020 1 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 PRESCRIBED OFFICERS 38 060 ​ 5 312 16 751 ​ 28 349 88 472 92 817 52 142 Number of Prescribed Officers ​ ​ 8 7 6 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 2022 financial year and payable in the 2023 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2022 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 ​ 2022 ​ 2021 ​ 2020 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 PRESCRIBED OFFICERS 50 512 50 512 6 735 4 201 1 Long-term incentives for the 2022 financial year represent incentives approved on the group results for the performance period ended 30 June 2022, settled in the 2023 financial year. The total IFRS2 charge for LTI’s awarded to the Executive Directors and the Prescribed Officers in 2022 amounted to R14 million and R32 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 ​ 2022 ​ 2021 ​ 2020 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 Non-executive Directors ​ 22 787 758 6 861 ​ — 30 406 33 540 39 743 ​

Subsequent events

Subsequent events	12 Months Ended
	Jun. 30, 2022
Subsequent events
Subsequent events	38 Subsequent events Sasol has declared a force majeure on the supply of petroleum products after the Natref refinery was forced to shut down due to delays in the arrival of crude oil shipments. Natref has been operating at minimum rates from 23 June to enable the procurement of additional crude from the Strategic Fuel Fund (SFF) and the anticipated loading of procured West African (WAF) crude which had been delayed due to force majeure declared by the terminal operator. The refinery had to shut down on 15 July as it had consumed all the contingency crude stocks and force majeure was declared. The refinery has since recommenced operations. ​ 38 Subsequent events continued On 29 July 2022 National Treasury published the draft 2022 Taxation Laws Amendment Bill (“Draft 2022 TLAB”), alongside various other tax bills which contain tax proposals made in the 2022 National Budget, for public comment. The Draft 2022 TLAB proposes amendments to the Carbon Tax Act to bring into effect the policy set out under South Africa’s climate change response and carbon tax price path as released by National Treasury in February 2022. The proposed amendment include the progressive increase in the carbon tax rate from 2023. An increase of US$1, US$2 and US$3 on the current rate of ZAR 144 is proposed for the 2023, 2024 and 2025 tax periods, respectively with a rate of US$20 for the 2026 tax period. Thereafter an annual increase of US$2.50 in the rate is proposed from 2027 to 2029 to reach a rate of US$30 by 2030. The proposed amendments do not differ materially from the assumptions applied by management in testing the recoverability of non-financial assets at 30 June 2022 as explained in Note 9.

Financial risk management and f

Financial risk management and financial instruments	12 Months Ended
	Jun. 30, 2022
Financial risk management and financial instruments
Financial risk management and financial instruments	39 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 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial assets ​ Investments in listed securities ​ ​ — — ​ 480 — 480 Investments in unlisted securities ​ ​ — — ​ 13 — 13 Long-term restricted cash**** ​ ​ — — ​ — 1 531 1 531 * Long-term receivables 20 — — ​ — 3 023 3 023 Long- and short-term financial assets ​ ​ 868 — ​ — — 868 Trade and other receivables*** 25 — — ​ — 38 936 38 936 ** Cash and cash equivalents 28 — — ​ — 43 140 43 140 * Financial liabilities ​ ​ Listed long-term debt (Bonds issued) + 16 — — ​ — 78 076 71 667 Unlisted long-term debt + 16 — — ​ — 26 758 26 824 Lease liabilities 17 — — ​ — 16 034 ​ Short-term debt and bank overdraft ​ ​ — — ​ — 255 255 ** Long- and short-term financial liabilities ​ ​ 7 127 — ​ — — 7 127 Trade and other payables 26 — — ​ — 39 873 39 873 ** ​ ​ 39 Financial risk management and financial instruments continued ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 Long-term restricted cash ​ ​ — — ​ — 1 422 1 422 * Long-term receivables 20 — — ​ — 3 879 3 879 Long- and short-term financial assets ​ ​ 2 323 — ​ — — 2 323 Trade and other receivables*** 25 — — ​ — 27 140 27 140 ** Cash and cash equivalents 28 — — ​ — 31 231 31 231 * Financial liabilities ​ ​ Listed long-term debt (Bonds issued) + 16 — — ​ — 68 405 72 226 Unlisted long-term debt + 16 — — ​ — 34 238 34 274 Lease liabilities 17 — — ​ — 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 26 — — ​ — 23 289 23 289 ** * The fair value of cash and cash equivalents is equal to their carrying value. ** 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. ****Long-term restricted cash is disclosed as part of Other long-term investments on the Statement of financial position. + Includes unamortised loan costs. 39.1 Financial risk management ​ 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 Safety 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 a subcommittee, 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. ​ 39 Financial risk management and financial instruments continued 39.1 Financial risk management continued 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 (net debt to shareholders’ equity). 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 2022 decreased to 41,7% (2021 – 61,5%; 2020 – 117%) due to the repayment of US dollar debt and stronger EBITDA generation, offset by the weaker closing exchange rate. The long-term target gearing ratio is between 20% and 40%. 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. 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. ​ Credit rating On 18 October 2021, S&P affirmed Sasol’s BB rating and revised the outlook from negative to positive on the back of significant debt reduction, stronger cash flow generation and liquidity, and restored headroom in its financial profile. The positive outlook reflects the materially increased headroom in Sasol’s credit metrics, and the expectation that rating upside could materialise over the next 12 months if Sasol maintains its ratio of Funds From Operations (FFO)/Net debt substantially above 30%. In April 2022, Moody’s affirmed Sasol’s rating of Ba2 but changed its outlook to positive from negative, as a direct consequence of the sovereign rating action. Moody’s cited that the change in outlook to positive reflects the company’s recent strong performance and adherence to the disposal and deleveraging strategy put in place during 2020. The positive outlook reflects Moody’s expectation that Sasol’s credit metrics will continue to improve supported by high commodity prices and could be upgraded if Sasol’s Debt/EBITDA is sustained at 2.5 ​ 39 Financial risk management and financial instruments continued 39.1 Financial risk management continued 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. 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. 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 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. As a result of the continued economic downturn following the COVID-19 pandemic and aggravated by the Russian/Ukrainian conflict, the group applied the Board of Governors of the Federal Reserve System’s formula to derive a downturn LGD to be used for 2022 and 2021, 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. ​ 39 39.1 Financial risk management continued 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 2022, 2021 and 2020. Approximately 48% (2021 — 42%; 2020 — 44%) of the group’s total turnover is generated from sales within South Africa, while about 21% (2021 — 24%; 2020 — 23%) relates to European sales and 16% (2021 — 18%; 2020 — 17%) 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. 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 2022 Long-term receivables — — 41 41 44 85 Trade receivables — 30 101 131 — 131 Other receivables 1 — 272 273 58 331 ​ 1 30 414 445 102 547 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ Overview of the credit risk profile of financial assets measured at amortised cost is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 ​ ​ ​ ​ ​ ​ CCC+ and – ​ ​ ​ ​ ​ CCC+ and – ​ ​ AAA to A- ​ BBB to B- ​ below ​ AAA to A- ​ BBB to B- ​ below ​ ​ % % % ​ % % % Long-term receivables 51 ​ 43 ​ 6 58 ​ 39 ​ 3 Trade receivables 73 ​ 24 ​ 3 72 ​ 25 ​ 3 Other receivables ​ 83 ​ 15 ​ 2 ​ 68 ​ 27 ​ 5 Cash and cash equivalents* 18 ​ 81 ​ 1 21 ​ 79 ​ — ​ * Includes long-term restricted cash. ​ 39 Financial risk management and financial instruments continued 39.1 Financial risk management continued 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 group benefitted from a favourable macroeconomic environment, with a higher crude oil price, refining margins and chemicals prices following heightened geopolitical tensions. This performance was further underpinned by strong cost and capital discipline as we continue to execute our Sasol 2.0 transformation programme. 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. 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. Adequate banking facilities and reserve borrowing capacities are maintained. The group is in compliance with all of the financial covenants per its loan agreements, none of which is expected to present a material restriction on funding or its investment policy in the near future. The group has sufficient undrawn borrowing facilities, which could be utilised to settle obligations. Refer to note 16. The next material maturity is the $1 billion (R16 billion) bond due in November 2022. Protection of downside risk for the balance sheet was a key priority for the group during volatile times, resulting in the execution of our hedging programme to address oil price, ethane price and currency exposure, thereby protecting the balance sheet. The net debt to EBITDA (bank definition) at 30 June 2022 was 0,8 times, significantly below the threshold level of 3 times. ​ 39 Financial risk management and financial instruments continued 39.1 Financial risk management continued 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 2022 ​ ​ Financial assets ​ ​ Non-derivative instruments ​ ​ Long-term receivables 20 3 316 — 1 447 ​ 777 1 092 Trade and other receivables 25 38 936 38 936 — ​ — — Cash and cash equivalents 28 43 141 43 141 — ​ — — Investments through other comprehensive income 493 493 — ​ — — Long-term restricted cash 1 531 — — ​ — 1 531 ​ ​ ​ 87 417 82 570 1 447 ​ 777 2 623 Derivative instruments ​ ​ Foreign exchange contracts 9 005 ​ 9 005 ​ — ​ — — Crude oil futures 25 ​ 25 ​ — ​ — — Foreign exchange zero cost collars ​ ​ ​ 76 ​ 76 ​ — ​ — ​ — Crude oil zero cost collars ​ ​ ​ 17 ​ 17 ​ — ​ — ​ — Other commodity derivatives 61 ​ 61 ​ — ​ — — Other currency derivatives ​ ​ ​ 1 236 ​ 69 ​ 135 ​ 142 ​ 890 ​ ​ ​ 97 837 91 823 1 582 ​ 919 3 513 Financial liabilities ​ ​ Non-derivative instruments ​ ​ Long-term debt 16 (123 107) (25 980) (51 730) ​ (14 527) (30 870) Lease liabilities 17 (27 107) (2 671) (4 291) ​ (3 063) (17 082) Short-term debt 18 (82) (82) — ​ — — Trade and other payables 26 (33 262) (33 262) — ​ — — Bank overdraft 28 (173) (173) — ​ — — ​ ​ ​ (183 731) (62 168) (56 021) ​ (17 590) (47 952) Derivative instruments ​ ​ ​ Foreign exchange contracts (8 986) (8 986) — ​ — — Foreign exchange zero cost collars ​ ​ ​ (454) ​ (454) ​ — ​ — ​ — Crude oil zero cost collar (6 176) (6 176) — ​ — — Coal swap options (112) (112) — ​ — — Other currency derivatives (1 850) (6) — ​ — (1 844) Other commodity derivatives (53) (53) — ​ — — ​ ​ ​ (201 362) (77 955) (56 021) ​ (17 590) (49 796) * Contractual cash flows include interest payments. The shortfall beyond one year will be funded through cash generated from operations, utilisation of available facilities and the refinancing of existing debt. ​ 39 Financial risk management and financial instruments continued ​ 39.1 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 2021 ​ ​ Financial assets ​ ​ Non-derivative instruments ​ ​ Long-term receivables 20 3 970 — 1 098 ​ 908 1 964 Trade and other receivables 25 27 140 27 140 — ​ — — Cash and cash equivalents 28 31 231 31 231 — ​ — — Investments through other comprehensive income 474 474 — ​ — — Long-term restricted cash 1 422 — — ​ — 1 422 ​ ​ ​ 64 237 58 845 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 ​ ​ ​ 75 494 68 482 1 329 ​ 1 149 4 534 Financial liabilities ​ ​ Non-derivative instruments ​ ​ Long-term debt 16 (119 921) (8 997) (66 190) ​ (6 698) (38 036) Lease liabilities 17 (31 679) (2 997) (5 067) ​ (4 226) (19 389) Short-term debt 18 (60) (60) — ​ — — Trade and other payables 26 (23 289) (23 289) — ​ — — Bank overdraft 28 (243) (243) — ​ — — Financial guarantees** (313) (313) — ​ — — ​ ​ ​ (175 505) (35 899) (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) — ​ — — ​ ​ ​ (193 711) (47 117) (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. ​ 39 Financial risk management and financial instruments continued 39.1 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 mainly 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. ​ 39 Financial risk management and financial instruments continued 39.1 Financial risk management continued The following significant exchange rates were applied during the year: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average rate ​ Closing rate ​ 2022 2021 2022 2021 ​ ​ Rand ​ Rand ​ Rand ​ Rand Rand/Euro 17,15 18,38 17,07 16,93 Rand/US dollar 15,21 15,40 16,28 14,28 ​ 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. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ Euro US dollar Euro US dollar ​ Rm ​ Rm Rm ​ Rm Long-term receivables — 336 — 323 Trade and other receivables* 739 4 961 831 2 265 Cash and cash equivalents* 2 158 3 359 1 895 1 121 Net exposure on assets 2 897 8 656 2 726 3 709 Trade and other payables** (166) (4 552) (296) (1 523) Net exposure on liabilities (166) (4 552) (296) (1 523) Exposure on external balances 2 731 4 104 2 430 2 186 Net exposure on balances between group companies*** 523 8 286 (2 559) (8 064) Total net exposure 3 254 12 390 (129) (5 878) * The US$ increase relates to proceeds generated through exports from South Africa. ** The US$ increase is due to purchases of crude oil at higher prices. *** The US$ movement results from a significant repayment of the loan provided by Sasol Financing International to Sasol Investment Company for the partial funding of the LCCP as well as export proceeds deposited with Sasol Financing International (Group treasury company), which is also the main reason for the Euro movement. 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. ​ 39 Financial risk management and financial instruments continued 39.1 Financial risk management continued 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 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ ​ Euro ​ US Dollar ​ Euro ​ US Dollar ​ Rm Rm Rm Rm Equity 325 1 239 (13) (511) Income statement 325 1 239 (13) (511) ​ 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. 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. ​ 39 Financial risk management and financial instruments continued 39.1 Financial risk management continued 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 ​ ​ 2022 ​ 2021 ​ Rm Rm Variable rate instruments Financial assets 40 250 30 062 Financial liabilities* (26 094) (7 898) ​ 14 156 22 164 Fixed rate instruments ​ ​ Financial assets 7 121 1 788 Financial liabilities (78 913) (110 803) ​ (71 792) (109 015) Interest profile (variable: fixed rate as a percentage of total financial assets) 85 : 15 94:6 Interest profile (variable: fixed rate as a percentage of total financial liabilities) 25 : 75 7:93 * The increase in variable exposure is due to the termination of the USD1,7 billion interest rate swap which previously converted a portion of the group's variable debt to fixed debt. Cash flow sensitivity for variable rate instruments Financial instruments affected by interest rate risk include borrowings, deposits, 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 2021. Interest is recognised in the income statement using the effective interest rate method. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income statement — 1% increase ​ ​ ​ United States ​ ​ ​ South Africa ​ Europe* ​ of America ​ Other ​ Rm Rm Rm Rm 30 JUNE 2022 257 22 (153) 16 30 June 2021 166 19 25 12 * A decrease of 1% in interest rates for 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 0%. A 1% decrease in interest rates would have an equal and opposite effect to the amounts disclosed above. The group had exposure to the variable US dollar London Interbank Overnight Rate (LIBOR) through the USD term loan and revolving credit facilities. The group has entered into USD interest rate swaps to convert a portion of the group’s exposure to the variable LIBOR to a fixed rate. The swaps were designated as hedging instruments 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. 39. Financial risk management and financial instruments continued 39.1 Financial risk management continued 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). Effective 15 March 2022, the term loan and revolving credit facilities as well as two of the swaps were transitioned to the Secured Overnight Financing Rate (SOFR). The transition also entailed the addition of a fixed credit adjustment spread to the SOFR and new fallback clauses. The fixed credit adjustment spread is based on the rate published by Bloomberg Index Services Limited following the FCA‘s Cessation Announcement on 5 March 2021. The group qualified for and has applied the reliefs provided by IBOR reform Phase 2 that allowed the group’s hedging relationships to continue. For the remaining swaps, the Phase 1 amendments allowed 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. Throughout 2022, the group has continued to make significant progress in repaying variable USD debt, to the extent that the forecasted future interest payments over the remaining term of the interest rate swap are largely no longer probable. Hedge accounting was discontinued prospectively from 30 April 2022 and the balance of the hedge reserve was reclassified to profit as a derivative gain included in other operating expenses. The information in the table below is applicable to the period from 1 July 2021 to 30 April 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 Carrying value included in short and long-term financial liabilities Rm — ​ 2 103 Fair value gain/(loss) recognised in other comprehensive income Rm 1 818 ​ (1 072) Amount recognised in other operating expenses 1 Rm 1 029 ​ 89 Balance of hedge reserve – continuing hedge relationships Rm ​ — ​ (801) Balance of hedge reserve – discontinued hedge relationships Rm — ​ (106) Nominal amount Rm ​ — ​ 1 751 Expiry ​ — ​ December 2026 Average fixed rate ​ % 2,82 ​ 2,82 Hedge ratio ​ 1 :1 ​ 1:1 Fair value gain of continuing hedging instruments used as the basis for recognising hedge ineffectiveness US$m 120 ​ 32 Fair value gain of hedged item used as the basis for recognising hedge ineff

Significant accounting policies

Significant accounting policies (Policies)	12 Months Ended
	Jun. 30, 2022
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, 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. Climate change Climate change is a defining challenge of our time, with impacts threatening our critical ecosystems, habitats and resources. Sasol supports the Paris Agreement and its calls for higher ambition to reduce the impact of emissions on the planet. We have deepened our commitment to this cause through our updated and newly-developed roadmaps, targets and ambition for the short, medium and long term. In September 2021, we launched our 2050 net zero emissions ambition and Future Sasol strategy, which places us on a trajectory towards a significantly reduced GHG emissions profile. We have set a target to achieve a 30% reduction of scope 1 and 2 emissions for our Energy and International Chemicals business and a 20% emission reduction from the use of energy products for our Energy business by 2030 as we progress towards our Net Zero ambition by 2050 for all operations. Where reasonable and supportable, management has considered the impact of these 2030 targets on a number of key estimates within the financial statements including the estimates of future cash flows used in impairment assessments of non-current assets (refer to note 9), useful lives of property, plant and equipment (refer to note 19), capital commitments (refer to note 19), the estimates of future profitability used in our assessment of the recoverability of deferred tax assets (refer to note 14) and the timing and amount of environmental obligations (refer to note 32). IBOR reform A fundamental reform of major interest rate benchmarks is being undertaken globally, including the replacement of some interbank offered rates (IBORs) with alternative nearly risk-free rates (referred to as ‘IBOR reform’). The Group’s remaining exposure to IBORs arise from the US Dollar-denominated term loan and revolving credit facilities which reference the variable 3-month US dollar London Interbank Overnight Rate (LIBOR). On 29 September 2021 the Financial Conduct Authority (FCA) confirmed that it expects that the 3-month US dollar settings will continue to be published based on the current ‘panel bank’ LIBOR methodology, and on a representative basis, until end-June 2023. ​ 1 Statement of compliance continued As a result, the contractual arrangements relating to the term loan and revolving credit facilities were amended to replace the US dollar LIBOR with the Secured Overnight Financing Rate (SOFR) effective 15 March 2022. The transition also entailed the addition of a fixed credit adjustment spread to the SOFR and new fallback clauses. The fixed credit adjustment spread is based on the rate published by Bloomberg Index Services Limited following the FCA‘s Cessation Announcement on 5 March 2021. The Group has applied the relief of ‘Interest Rate Benchmark Reform – Phase 2 Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16’ (IBOR reform Phase 2) to these contract amendments. The reliefs apply upon the transition of a financial instrument from an IBOR to a risk-free-rate (RFR). Changes to the basis for determining contractual cash flows as a result of interest rate benchmark reform are required as a practical expedient to be treated as changes to a floating interest rate, provided that the transition from the IBOR benchmark rate to RFR takes place on an economically equivalent basis. The group entered into seven interest rate swaps in July 2019 to hedge its exposure to the variable USD LIBOR. The interest rate swaps were designated as hedging instruments in a cash flow hedge. Effective 15 March 2022, two of the swaps were transitioned to SOFR on the same basis as for the above debt instruments. The group applied the reliefs provided by IBOR reform Phase 2 that allow the Group’s hedging relationships to continue upon the replacement of an existing interest rate benchmark with an RFR. For the remaining swaps, the Phase 1 amendments allowed 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. Hedge ineffectiveness arising from the impacts of the reform was immaterial and has been fully recognised in profit or loss. In June 2022, all of the interest rate swaps were terminated. Refer to note 39. As at 30 June 2022 the group has no remaining exposure to LIBOR. The group also has exposure to the Johannesburg Interbank Average Rate (JIBAR). The South African Reserve Bank has indicated their intention to move away from JIBAR and to create an alternative reference rate for South Africa. This reform is at various stages globally, and a suitable alternate 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. The group's corporate treasury function monitors and manages the group's transition to alternative rates and evaluates the extent to which contracts reference IBOR cash flows, whether such contracts will need to be amended as a result of IBOR reform and how to manage communication about IBOR reform with counterparties. The group's corporate treasury function reports to the board of directors and collaborates with other business functions as needed. 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 2021. These accounting policies are consistently applied throughout the group. ​ 1 Statement of compliance continued Reportable irregularity raised by independent auditor A management review was commissioned following the revisions to the Energy production volume forecast issued on 14 December 2021. The objective of the independent review was to assess the current governance framework in place over the production volume forecasting process, integrated planning and performance management process within the Energy business and the resultant input into the forecast process, the effectiveness thereof (including a detailed root cause analysis) and recommendations for improvement. Sasol’s independent auditor, PricewaterhouseCoopers Incorporated (PwC), reported a reportable irregularity as defined in the Auditing Profession Act number 26 of 2005 (RI) to the Independent Regulatory Board for Auditors in South Africa. PwC has concluded that the act or omission has been remediated, is no longer continuing and that adequate steps have been taken for the prevention or recovery of any loss as a result thereof. The RI had no impact on the financial results for the six months ended 31 December 2021. PwC expressed an unmodified review opinion on the condensed consolidated interim financial statements for the six months ended 31 December 2021 and unmodified audit opinion at 30 June 2022. The RI pertained to the revision to the Energy production volume forecast. The Board has put the necessary corrective actions in place including, but not limited to, structural changes and enhanced internal controls and governance processes, and has concluded that the RI has been closed. Accounting standards, amendments and interpretations issued which are relevant to the group, but not yet effective The group continuously evaluates the impact of new accounting standards, amendments to accounting standards and interpretations. It is expected that where applicable, these standards and amendments will be adopted on each respective effective date as indicated below. The new accounting standards and amendments to accounting standards issued which are relevant to the group, but not yet effective on 30 June 2022, include: Amendment to IAS 16 ‘Property, plant and equipment’ The amendment prohibits deducting from the cost of an item of property, plant and equipment any proceeds from selling items produced while bringing that asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Instead, an entity recognises the proceeds from selling such items, and the cost of producing those items, in profit or loss. The amendments are effective for the group’s reporting period beginning on 1 July 2022 and will be applied retrospectively to items of property, plant and equipment that are brought to the location and condition necessary for them to be capable of operating in the manner intended by management on or after the beginning of the earliest period presented in the financial statements in which the group first applies the amendments. The amendments are not expected to result in a material restatement of previously reported amounts. ​ 1 Statement of compliance continued Amendments to IAS 37 ‘Provisions, Contingent Liabilities and Contingent Assets’ The amendments specify which costs an entity needs to include when assessing whether a contract is onerous or loss-making. The amendments apply a ‘directly related cost approach’. The costs that relate directly to a contract to provide goods or services include both incremental costs (e.g. the costs of direct labour and materials) and an allocation of costs directly related to contract activities (e.g. depreciation of equipment used to fulfil the contract). The amendments are effective for the group’s reporting period beginning on 1 July 2022. The effect of the implementation of the standard will not have a material impact on the group’s results. IFRS 17 ‘Insurance Contracts’ IFRS 17 supersedes IFRS 4 ‘Insurance Contracts’ which currently permits a wide variety of practices in accounting for insurance contracts. The overall objective of IFRS 17 is to provide an accounting model for insurance contracts that is more useful and consistent for insurers. IFRS 17 applies to all types of insurance contracts (i.e. life, non-life, direct insurance and re-insurance) regardless of the type of entities that issue them, as well as to certain guarantees and financial instruments with discretionary participation features. A few scope exceptions will apply. IFRS 17 is effective for the group’s reporting period starting on 1 July 2023, with comparative figures required. The effect of the implementation of the new standard is ongoing but is not expected to have a material impact on the group’s results. 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. The amendments 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.
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 11 to 13. 2 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. 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 or cash generating unit 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. 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. ​ 9 Remeasurement items affecting operating profit continued 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. When the Group loses control over a subsidiary, it derecognises the assets and liabilities of the subsidiary, and any related non-controlling interest and other components of equity. Any resulting gain or loss is recognised in profit or loss. Any interest retained in the former subsidiary is measured at fair value when control is lost. Any gain or loss on disposal will comprise that attributed to the portion disposed of and the remeasurement of the portion retained.
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. ​ 14 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. The decrease in the South African corporate tax rate is considered substantively enacted and is effective from 1 July 2022. 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. 17 Leases continued 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 note 9 on Remeasurement items affecting profit or loss. Where the group transfers control of an asset to another entity (buyer-lessor) and leases that same asset back from the buyer-lessor, the group derecognises the underlying asset and recognises a right-of-use asset at the proportion of the previous carrying amount of the transferred asset that relates to the right of use retained by the group. The group also recognises a lease liability measured at the present value of all expected future lease payments with the resulting gain or loss being included in remeasurement items.
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. ​ 19 Property, plant and equipment continued 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 until there is a disposal of the foreign operation. When a foreign operation is disposed of in its entirety or partially such that control, significant influence or joint control is lost, the cumulative amount in the translation reserve related to that foreign operation is reclassified to profit or loss as part of the gain or loss on disposal and included in remeasurement items.
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. ​ 34 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; or ● 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. Contracts to buy or sell non-financial items (e.g. gas or electricity) that were entered into and continue to be held for the purpose of the receipt of the non‑financial items in accordance with the group’s expected purchase or usage requirements are not accounted for as derivative financial instruments. Purchase commitments relating to these contracts are disclosed in note 3. HEDGE ACCOUNTING The group continues to apply the hedge accounting requirements of IAS 39 ‘Financial Instruments: Recognition and Measurement’. ​ 39 Financial risk management and financial instruments continued 39.2 Accounting policies continued 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
	Jun. 30, 2022
Segment information
Schedule of segment information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Chemicals ​ Chemicals ​ Chemicals ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mining ​ Gas ​ Fuels ​ Africa ​ America ​ Eurasia ​ Corporate Centre ​ Total ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 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 ​ 6 370 2 025 1 343 7 789 7 321 8 350 100 988 59 393 60 816 64 054 58 260 51 600 41 496 29 358 28 721 55 011 45 539 39 537 30 14 — 275 738 201 910 190 367 ​ Total turnover ​ 24 386 21 704 19 891 11 941 10 990 12 419 102 964 60 649 62 553 67 275 60 597 54 310 41 926 29 360 28 809 55 419 46 038 39 989 56 26 30 303 967 229 364 218 001 ​ Intersegmental turnover ​ (18 016) (19 679) (18 548) (4 152) (3 669) (4 069) (1 976) (1 256) (1 737) (3 221) (2 337) (2 710) (430) (2) (88) (408) (499) (452) (26) (12) (30) (28 229) (27 454) (27 634) ​ Equity accounted profits, net of tax ​ (1) (3) (2) (4) — — 3 043 742 (347) 90 83 21 — — — — 1 — — (9) (19) 3 128 814 (347) ​ Earnings/(loss) before interest and tax ​ 3 456 3 227 2 756 14 622 6 656 5 527 27 959 (18 170) (11 609) 24 072 6 957 (17 035) 981 8 116 (77 556) 7 552 4 680 (894) (17 225) 5 153 (13 115) 61 417 16 619 (111 926) ​ Remeasurement items* ​ 228 46 113 (8 499) (655) (30) 217 23 196 11 990 (1 343) 7 889 24 122 2 807 (7 336) 73 166 (2 965) (86) 2 387 (348) 164 230 (9 903) 23 218 111 978 ​ Depreciation and amortisation ​ 2 230 ​ 2 223 2 080 500 1 463 2 002 1 468 3 401 4 809 3 667 4 461 5 649 3 917 3 637 5 085 1 576 1 687 1 821 715 772 881 14 073 17 644 22 327 ​ Statement of cash flows ​ ​ Additions to non-current assets** ​ 2 552 2 704 2 859 2 569 711 1 539 6 325 3 549 5 232 7 308 5 508 6 845 1 909 1 152 15 654 1 402 1 796 2 158 648 528 877 22 713 15 948 35 164 ​ * Excludes equity accounted investments. ** Excludes capital project related payables.
Schedule of geographic segmentation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ Rest of Africa ​ United States ​ Rest of North America ​ Europe ​ Rest of World ​ Total operations ​ ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 ​ Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm External turnover* 133 403 84 844 84 528 9 428 8 853 7 776 44 080 31 247 28 295 5 231 4 183 3 758 58 177 48 529 44 280 25 419 24 254 21 730 275 738 201 910 190 367 Earnings/(loss) before interest and tax** 29 305 (7 523) (37 029) 1 985 4 541 1 821 4 644 9 616 (75 827) 5 219 646 (481) 12 406 5 354 105 7 858 3 985 (515) 61 417 16 619 (111 926) Tax paid 11 739 6 622 3 138 1 032 955 1 607 36 (3 340) 20 — — — 657 997 854 67 46 40 13 531 5 280 5 659 Non-current assets*** 90 524 76 070 106 922 15 041 14 116 18 896 123 618 113 088 106 371 — — 1 329 16 161 16 748 18 948 10 117 10 455 11 968 255 461 230 477 264 434 * 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.

Turnover (Tables)

Turnover (Tables)	12 Months Ended
	Jun. 30, 2022
Turnover
Schedule of revenue by major product line	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June Rm ​ Rm ​ Rm Revenue by major product line ​ ​ ​ ​ ​ ​ ​ ​ Energy business ​ 108 990 65 676 67 415 ​ Coal 1 ​ 6 370 2 025 1 343 ​ Liquid fuels and crude oil 2 ​ 96 036 58 265 60 119 ​ Gas (methane rich and natural gas) and condensate 3 ​ 6 584 5 386 5 953 ​ Chemicals business ​ ​ 160 407 ​ 133 136 ​ 119 840 ​ Advanced materials 4 ​ ​ 7 249 ​ 7 380 ​ 7 200 ​ Base chemicals 5 ​ ​ 51 223 ​ 45 684 ​ 40 262 ​ Essential care 6 ​ ​ 62 989 ​ 44 314 ​ 40 112 ​ Performance solutions 7 ​ ​ 38 946 ​ 35 758 ​ 32 266 ​ Other (Technology, refinery services) 8 ​ 2 550 2 288 2 313 ​ Revenue from contracts with customers ​ 271 947 201 100 189 568 ​ Revenue from other contracts 9 ​ 3 791 810 799 ​ Total external turnover ​ 275 738 201 910 190 367 ​ 1 Derived from Mining segment. 2 Derived from Fuels segment. 3 Derived primarily from Gas segment. 4 Approximately 25% (2021 – 37%; 2020 – 29%) of revenue from advanced materials is derived from Chemicals Africa while 58% (2021 - 52%; 2020 - 56%) is derived from Chemicals Eurasia and the remaining revenue is derived from Chemicals America. 5 Approximately 64% (2021 – 59%; 2020 – 59%) of revenue from base chemicals is derived from Chemicals Africa while 36% (2021 – 33%; 2020 – 29%) is derived from Chemicals America and the remaining revenue is derived from Chemicals Eurasia. 6 Approximately 68% (2021 & 2020 - 70%) of revenue from essential care products is derived from Chemicals Eurasia while approximately 30% is derived from Chemicals America and the remaining revenue in 2022 was derived from Chemicals Africa. 7 Approximately 21% (2021: 22% & 2020: 20%) of revenue from performance solutions is derived from Chemicals Eurasia while approximately 71% (2021 & 2020 - 75%) is derived from Chemicals Africa and 8% (2021: 3% & 2020: 6%) is derived from Chemicals America. 2021 and 2020 percentages were updated based on volumes. 8 Relates primarily to the Gas and Fuels segments. 9 Relates to the Fuels segment and includes franchise rentals, use of fuel tanks, fuel storage and Sasol Oil slate.

Materials, energy and consuma_2

Materials, energy and consumables used (Tables)	12 Months Ended
	Jun. 30, 2022
Materials, energy and consumables used
Schedule of materials, energy and consumables used	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Cost of raw materials 103 599 71 016 78 030 Cost of energy and other consumables used in production process 23 392 14 354 12 079 ​ 126 991 85 370 90 109 *
Schedule of purchase commitments	​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Contractual obligations** ​ ​ ​ Within one year 50 642 28 603 23 782 One to five years 67 042 39 977 36 092 More than five years 81 240 73 283 80 131 ​ ​ 198 924 ​ 141 863 ​ 140 005 * ** ​ 3 Materials, energy and consumables used* continued

Employee-related expenditure (T

Employee-related expenditure (Tables)	12 Months Ended
	Jun. 30, 2022
Employee-related expenditure
Schedule of employee related expenditures	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Analysis of employee costs ​ ​ ​ ​ ​ ​ ​ ​ ​ Labour ​ ​ 32 141 31 683 30 266 ​ salaries, wages and other employee-related expenditure ​ ​ 30 068 29 786 27 964 ​ post-retirement benefits 1 ​ ​ 2 073 1 897 2 302 ​ Share-based payment expenses ​ ​ 1 139 1 905 1 741 ​ equity-settled 35 ​ 1 164 1 927 1 946 ​ cash-settled ​ ​ (25) (22) (205) ​ Total employee-related expenditure ​ ​ 33 280 33 588 32 007 ​ Costs capitalised to projects ​ ​ (825) (740) (1 340) ​ Per income statement ​ ​ 32 455 32 848 30 667 ​ 1 Employer contributions to the retirement funds were suspended for the period 1 May 2020 to 31 July 2020. These were then reinstated in FY21 due to Sasol’s improved liquidity position.
Schedule of number of employees	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Number Number Number Permanent employees ​ 28 279 ​ 28 725 ​ 30 670 Non-permanent employees 351 224 331 ​ 28 630 28 949 31 001

Translation gains_(losses) (Tab

Translation gains/(losses) (Tables)	12 Months Ended
	Jun. 30, 2022
Translation gains/(losses)
Schedule of translation gains/(losses)	​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Arising from ​ ​ ​ Trade and other receivables 456 (1 233) 1 275 Trade and other payables 147 158 (891) Foreign currency loans* (785) 6 318 (6 946) Other 875 267 20 ​ 693 5 510 (6 542) * Relates to intergroup exposure on foreign currency loans. During the current year a significant repayment was made on the loan provided by Sasol Financing International to Sasol Investment Company for the partial funding of the LCCP with US dollar funds.

Other operating expenses and _2

Other operating expenses and income (Tables)	12 Months Ended
	Jun. 30, 2022
Other operating expenses and income
Schedule of other operating expenses and income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Rm Rm Rm Insurance ​ 710 739 681 ​ Computer costs ​ 2 745 2 563 2 469 ​ Hired labour ​ 694 565 844 ​ Audit remuneration ​ 131 136 144 ​ Derivative losses/(gains) (including foreign exchange contracts) 1 ​ 18 325 (2 282) 6 997 ​ Professional fees 2 ​ 1 916 2 828 2 067 ​ Changes in rehabilitation provisions 3 ​ 866 (361) (2 078) ​ Expected credit losses (released)/raised ​ (39) ​ (87) ​ 418 ​ Other expenses ​ 9 847 10 022 10 738 ​ Other operating income 4 ​ (3 034) (2 024) (1 446) ​ ​ ​ 32 161 12 099 20 834 ​ 1 Relates mainly to the group's hedging activities. Refer to page 115. 2 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. In February 2021, a decision was taken not to pursue a rights issue given significant progress in our turnaround strategy. 3 R 46 million (2021: R 674 million; 2020: R 1,3 billion) relates to a decrease in the provision due to a change in discount rates applied in the rehabilitation provision, while R 971 million (2021: R 412 million) relates to additional provisions (2020: R 695 million changes to existing provisions). 4 The 2022 increase relates to income from emission right sales in Europe, as well as insurance proceeds in respect of business interruption due to hurricanes in the US.

Net finance costs (Tables)

Net finance costs (Tables)	12 Months Ended
	Jun. 30, 2022
Net finance costs
Schedule of net finance costs, finance income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Finance income ​ ​ ​ Dividends received from investments ​ ​ – – 44 ​ Notional interest received ​ ​ 29 4 102 ​ Interest received on ​ ​ 991 852 776 ​ other long-term investments ​ ​ 49 40 28 ​ loans and receivables ​ ​ 141 199 293 ​ cash and cash equivalents ​ ​ 801 613 455 ​ Per income statement ​ ​ 1 020 856 922 ​ Less: notional interest ​ ​ (29) (4) (102) ​ Less: interest received on tax ​ ​ (5) (15) (28) ​ Per the statement of cash flows ​ ​ 986 837 792 ​ Finance costs ​ ​ ​ ​ ​ Debt ​ ​ 5 419 5 238 8 226 ​ debt ​ ​ 5 066 4 855 8 090 ​ interest rate swap – net settlements ​ ​ 353 383 136 ​ Interest on lease liabilities ​ ​ 1 357 1 488 1 465 ​ Other ​ ​ 95 84 52 ​ ​ ​ ​ ​ 6 871 6 810 9 743 ​ Amortisation of loan costs ​ 16 ​ 132 160 135 ​ Notional interest ​ ​ ​ 633 668 945 ​ Total finance costs ​ ​ 7 636 7 638 10 823 ​ Amounts capitalised to assets under construction a class of property, plant and equipment ​ 19 ​ (740) (880) (3 520) ​ Per income statement ​ ​ 6 896 6 758 7 303 ​ Total finance costs before amortisation of loan costs and notional interest ​ ​ 6 871 6 810 9 743 ​ Add: modification gain/(loss) ​ ​ ​ 74 – (1 193) ​ Less: interest accrued on long-term debt, lease liabilities and short-term debt ​ ​ ​ (1 463) (637) (1 412) ​ Less: interest (raised)/reversed on tax payable ​ ​ (4) – 16 ​ Per the statement of cash flows ​ ​ 5 478 6 173 7 154 ​ ​ ​
Schedule of net finance costs, finance costs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Finance income ​ ​ ​ Dividends received from investments ​ ​ – – 44 ​ Notional interest received ​ ​ 29 4 102 ​ Interest received on ​ ​ 991 852 776 ​ other long-term investments ​ ​ 49 40 28 ​ loans and receivables ​ ​ 141 199 293 ​ cash and cash equivalents ​ ​ 801 613 455 ​ Per income statement ​ ​ 1 020 856 922 ​ Less: notional interest ​ ​ (29) (4) (102) ​ Less: interest received on tax ​ ​ (5) (15) (28) ​ Per the statement of cash flows ​ ​ 986 837 792 ​ Finance costs ​ ​ ​ ​ ​ Debt ​ ​ 5 419 5 238 8 226 ​ debt ​ ​ 5 066 4 855 8 090 ​ interest rate swap – net settlements ​ ​ 353 383 136 ​ Interest on lease liabilities ​ ​ 1 357 1 488 1 465 ​ Other ​ ​ 95 84 52 ​ ​ ​ ​ ​ 6 871 6 810 9 743 ​ Amortisation of loan costs ​ 16 ​ 132 160 135 ​ Notional interest ​ ​ ​ 633 668 945 ​ Total finance costs ​ ​ 7 636 7 638 10 823 ​ Amounts capitalised to assets under construction a class of property, plant and equipment ​ 19 ​ (740) (880) (3 520) ​ Per income statement ​ ​ 6 896 6 758 7 303 ​ Total finance costs before amortisation of loan costs and notional interest ​ ​ 6 871 6 810 9 743 ​ Add: modification gain/(loss) ​ ​ ​ 74 – (1 193) ​ Less: interest accrued on long-term debt, lease liabilities and short-term debt ​ ​ ​ (1 463) (637) (1 412) ​ Less: interest (raised)/reversed on tax payable ​ ​ (4) – 16 ​ Per the statement of cash flows ​ ​ 5 478 6 173 7 154 ​

Earnings_(loss) and dividends_2

Earnings/(loss) and dividends per share (Tables)	12 Months Ended
	Jun. 30, 2022
Earnings/(loss) and dividends per share
Schedule of earnings/(loss) and dividends per share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Rand Rand Rand ATTRIBUTABLE TO OWNERS OF SASOL LIMITED ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings/(loss) per share ​ 62,34 14,57 (148,49) ​ Headline earnings/(loss) per share ​ 47,58 39,53 (11,50) ​ Diluted earnings/(loss) per share ​ 61,36 14,39 (148,49) ​ Diluted headline earnings/(loss) per share ​ 46,83 39,03 (11,50) ​ Dividends per share ​ 14,70 – – ​ interim ​ – – – ​ final* ​ 14,70 – – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June Note ​ Rm Rm Rm ​ EARNINGS AND HEADLINE EARNINGS/(LOSS): ​ ​ ​ Earnings/(loss) attributable to owners of Sasol Limited ​ 38 956 9 032 (91 754) ​ Total remeasurement items for the group, net of tax 9 ​ (9 221) 15 471 84 648 ​ Earnings and headline earnings/(loss) ​ ​ ​ 29 735 ​ 24 503 ​ (7 106) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of shares ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June million million million Weighted average number of shares 624,9 619,9 617,9 Potential dilutive effect of long-term incentive scheme 9,9 3,8 2,6 Potential dilutive effect of Sasol Khanyisa Tier 1 0,1 4,1 1,8 Diluted weighted average number of shares for DEPS and DHEPS* 634,9 627,8 622,3 * 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 DHEPS.

Remeasurement items affecting_2

Remeasurement items affecting operating profit (Tables)	12 Months Ended
	Jun. 30, 2022
Remeasurement items affecting operating profit
Schedule of remeasurement items affecting operating profit	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Impairment of assets ​ ​ 77 34 200 112 736 ​ property, plant and equipment 19 ​ 70 33 973 108 575 ​ right of use assets 17 ​ 6 35 3 322 ​ other intangible assets ​ ​ 1 80 839 ​ equity accounted investment ​ ​ ​ ​ — ​ 112 ​ — ​ Reversal of impairment of assets ​ ​ (1 520) (5 468) — ​ property, plant and equipment 19 ​ (1 505) (5 440) — ​ right of use assets ​ 17 ​ ​ (15) ​ (2) ​ — ​ other intangible assets ​ ​ ​ ​ — ​ (26) ​ — ​ (Profit)/loss on 10 ​ (8 460) (5 520) (715) ​ disposal of property, plant and equipment ​ ​ (67) (96) 25 ​ disposal of other intangible assets ​ ​ 2 (130) — ​ disposal of other assets ​ ​ — 52 148 ​ disposal of businesses ​ ​ (11 850) (5 615) (1 684) ​ scrapping of property, plant and equipment ​ ​ 3 366 269 796 ​ sale and leaseback transactions ​ ​ ​ ​ 89 ​ — ​ — ​ Write-off of unsuccessful exploration wells 19 ​ — 6 (43) ​ Remeasurement items per income statement ​ ​ (9 903) 23 218 111 978 ​ Tax impact ​ ​ 702 (7 771) (26 399) ​ impairment of assets ​ ​ ​ ​ (2) ​ (9 513) ​ (26 179) ​ reversal of impairment of assets ​ ​ ​ ​ 421 ​ 1 228 ​ — ​ profit/loss on disposals and sale and leaseback transactions ​ ​ ​ ​ 283 ​ 516 ​ (226) ​ Tax impact of write-off of unsuccessful exploration wells ​ ​ — (2) 6 ​ Non-controlling interest effect ​ ​ ​ ​ (20) ​ 1 ​ (931) ​ Effect of remeasurement items for equity accounted investments ​ ​ — 23 — ​ Total remeasurement items for the group, net of tax ​ ​ (9 221) 15 471 84 648 ​
Schedule of main assumptions used for impairment calculations	Main assumptions used for impairment calculations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 Long-term average crude oil price (Brent)* ​ US$/bbl ​ 93,24 ​ 70,09 ​ 59,69 Long-term average ethane price* US$c/gal 43,15 37,18 32,79 Long-term average ammonia price* Rand/ton 10 173,00 5 297,00 4 664,32 Long-term average Southern African gas purchase price (real)* US$/Gj 8,94 8,41 7,10 Long-term average refining margin* US$/bbl 12,23 9,67 9,43 Long-term average exchange rate* Rand/US$ 15,95 14,57 15,20 * Assumptions are provided on a long-term average basis in nominal terms unless indicated otherwise. Oil and ammonia price 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 2022 5,50 2,00 ​ ​ 2,00 Weighted average cost of capital* 2022 14,41 8,13 8,13 – 9,57 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 * Calculated using spot market factors on 30 June.
Summary of significant impairment/(reversal of impairment) of assets	​ ​ ​ ​ ​ ​ Segment and Cash-generating unit ​ ​ ​ 2021 (CGU) ​ Description ​ Rm Fuels segment ​ ​ ​ ​ Secunda liquid fuels refinery ​ The impairment was largely due to a stronger forecasted rand/dollar exchange rate which impacted negatively on the forecasted Basic Fuel Price (BFP). ​ 24 456 Chemicals America ​ ​ ​ ​ Ethylene Oxide/Ethylene Glycol (EO/EG) ​ The Ziegler Alcohols Unit (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 the CGUs were reassessed to be one integrated CGU. The impairment assessment of the combined CGU showed significant headroom resulting in the full remaining FY19 impairment of the EO/EG CGU being reversed. ​ (4 934) Chemicals Africa ​ ​ ​ ​ Chlor Alkali and PVC ​ The impairment of the Chlor Alkali and PVC CGUs is as a result of the stronger forecast of the rand against the US dollar exchange rate and lower sales volumes. In addition, this CGU was further negatively impacted by the pending sale of the Sodium Cyanide business. ​ 1 094 Southern Africa Wax value chain ​ The impairment on the Wax value chain was driven by higher future LNG gas imports and SPT gas costs, lower sales volumes and prices due to reduced gas availability in 2022 and 2023 and the strengthening of the rand against the US dollar. ​ 7 863 Gas Segment ​ ​ ​ ​ Sasol Canada – Shale gas assets ​ Sasol signed an agreement to divest of all our interests in Canada to Canadian Natural Resources Limited. Previous impairments of CAD45 million were reversed at 30 June 2021 to measure the carrying value of the disposal group at its fair value less cost to sell. ​ (521) Other ​ ​ ​ 774 ​ ​ ​ ​ 28 732 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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

Disposals and scrapping (Tables

Disposals and scrapping (Tables)	12 Months Ended
	Jun. 30, 2022
Disposals and scrapping
Schedule of disposals and scrapping	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm Property, plant and equipment 1 19 ​ 3 802 7 064 1 431 ​ Goodwill and other intangible assets ​ 2 947 179 ​ Equity accounted investments ​ — 370 437 ​ Assets in disposal groups held for sale ​ 16 586 67 662 2 563 ​ Inventories ​ ​ ​ ​ — ​ 814 ​ — ​ Trade and other receivables ​ — 174 — ​ Cash and cash equivalents ​ — 57 — ​ Liabilities in disposal groups held for sale ​ (6 321) (2 577) (414) ​ Long-term debt ​ — (2 673) — ​ Non-controlling interest ​ ​ ​ ​ (3 141) ​ — ​ — ​ Long-term financial liabilities ​ — (477) — ​ Trade and other payables ​ — (67) 175 ​ ​ ​ ​ ​ 10 928 71 294 4 371 ​ Total consideration ​ 11 364 73 426 4 285 ​ consideration received ​ 8 484 43 214 4 285 ​ consideration still receivable ​ ​ ​ ​ 127 ​ 116 ​ — ​ fair value of retained investment ​ ​ ​ ​ 2 753 ​ — ​ — ​ establishment of Joint operation* ​ — 30 096 — ​ ​ ​ ​ ​ 436 2 132 (86) ​ Realisation of accumulated translation effects ​ 8 024 3 388 801 ​ Net profit on disposal ​ 8 460 5 520 715 ​ Consideration received comprising ​ ​ ​ Gas – Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) ​ ​ ​ ​ 4 129 ​ — ​ — ​ Fuels – Central Termica De Ressane Garcia S.A (CTRG) ​ ​ ​ ​ 2 577 ​ — ​ — ​ Gas – Canadian Montney assets ​ ​ ​ ​ 387 ​ — ​ — ​ Chemicals America – US LCCP Base Chemicals business ​ ​ ​ ​ — ​ 29 894 ​ — ​ Fuels & Chemicals 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 ​ Other ​ 1 391 898 678 ​ Consideration received ​ 8 484 43 214 4 285 ​

Disposal group held for sale (T

Disposal group held for sale (Tables)	12 Months Ended
	Jun. 30, 2022
Disposal groups held for sale
Schedule of disposal groups held for sale	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 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) 1 Gas — 6 085 Central Térmica de Ressano Garcia S.A. (CTRG) 2 ​ Gas ​ — ​ 3 034 Canadian Montney assets³ ​ Gas ​ — ​ 1 181 Other Mining, Fuels and Chemicals Africa 290 331 ​ ​ ​ 290 10 631 Liabilities in disposal groups held for sale Segment ​ ​ Investment in Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO) 1 Gas — (1 771) Central Térmica de Ressano Garcia S.A. (CTRG) 2 ​ Gas ​ — ​ (1 109) Canadian Montney assets³ ​ Gas ​ — ​ (824) Other Mining, Fuels and Chemicals Africa (2) (2) ​ ​ ​ (2) (3 706) 1 Divestment of 30% of our equity interest in the ROMPCO pipeline. The transaction closed on 29 June 2022. Sasol retained a 20% equity interest in the pipeline. Refer note 10. 2 Our full shareholding in Central Térmica de Ressano Garcia S.A. (CTRG) was disposed of to Azura Power Limited. The transaction closed on 28 April 2022. Refer note 10. 3 The divestment of all our interests in Canada. The transaction successfully closed on 29 July 2021. Refer note 10.

Taxation (Tables)

Taxation (Tables)	12 Months Ended
	Jun. 30, 2022
Taxation
Schedule of taxation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm South African normal tax ​ 13 399 7 430 2 140 ​ current year 1 ​ 13 303 7 478 2 542 ​ prior years ​ 96 (48) (402) ​ Dividend withholding tax ​ (24) — 2 ​ Foreign tax ​ 2 856 2 079 (1 212) ​ current year ​ 2 737 2 106 2 242 ​ prior years 2 ​ 119 (27) (3 454) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income tax 13 ​ 16 231 9 509 930 ​ Deferred tax – South Africa 14 ​ (2 535) (9 779) (9 324) ​ current year 3 ​ (2 356) (9 464) (9 724) ​ prior years ​ (108) (315) 400 ​ reduction in corporate tax rate⁴ ​ ​ ​ ​ (71) ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax – foreign 14 ​ 173 455 (17 996) ​ current year 5 ​ (132) 339 (20 375) ​ prior years 2 ​ 306 124 2 375 ​ tax rate change ​ (1) (8) 4 ​ ​ ​ ​ ​ 13 869 185 (26 390) ​ 1 The increase in the current year mainly relates to increased profits, as well as capital gains tax on the ROMPCO asset disposal. 2 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. 3 The decrease in the current year relates to the recognition of a deferred tax asset relating to derivative losses in Sasol Financing International Limited. 4 On 23 February 2022, a decrease in the South African corporate tax rate from 28% to 27% was announced, effective from 1 July 2022. The decrease in rate is considered to be substantively enacted. 5 2020 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	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ % ​ % ​ % Reconciliation of effective tax rate The table below shows the difference between the South African enacted tax rate 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 expenditure¹ 1,1 11,4 (1,0) disallowed share-based payment expenses² 0,1 2,3 (0,3) different tax rates 0,5 0,5 (3,6) share of profits of equity accounted investments — — (0,1) tax losses not recognised 3 0,8 — (2,0) capital gains and losses 4 ​ 1,6 ​ — ​ — prior year adjustments 0,7 (2,2) 0,9 other adjustments 0,3 — (0,5) (Decrease)/increase in rate of tax due to: ​ ​ exempt income⁵ (5,9) (10,0) 0,7 share of profits of equity accounted investments (1,6) (2,1) — utilisation of tax losses 6 (0,1) (20,9) — investment incentive allowances (0,1) (0,4) — translation differences (0,3) (1,9) — capital gains and losses 4 — (1,8) — change in South African corporate income tax rate ​ (0,1) ​ — ​ — other adjustments ​ — ​ (1,2) ​ 0,3 Effective tax rate 25,0 1,7 22,4 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 Relates mainly to tax losses in Sasol Investment Company (Pty) Ltd for which no deferred tax asset was raised. 4 Relates mainly to capital gains tax payable in South Africa and Mozambique on the disposal of 30 % of our equity interest in the ROMPCO pipeline. 2021 related mainly to the disposal of the Air Separation Units. ​ 12 Taxation continued 5 Relates to the foreign currency translation reserve (FCTR) reclassified on the disposal of the Canadian and Wax businesses and the profit on disposal of the ROMPCO pipeline. 2021 related mainly to the FCTR reclassified on the divestment of 50% of our US LCCP Base Chemicals business, our 50% interest in Gemini HDPE LLC, our 50% equity interest in Sasol Chevron Holdings LImited, our 27,8% working interest in the Etame Marin block offshore Gabon, as well as our 40% non-operated participating interest in Block DE-8 offshore Gabon. 6 2021 relates to tax losses utilised which are allowed to be set off against foreign exchange gains on intergroup foreign currency loans.

Tax paid (Tables)

Tax paid (Tables)	12 Months Ended
	Jun. 30, 2022
Tax paid
Schedule of tax paid	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm Net amounts (receivable)/payable at beginning of year ​ ​ (307) (4 754) 309 ​ Disposal of businesses ​ ​ — 40 — ​ Net interest and penalties on tax ​ ​ (1) (17) (41) ​ Income tax per income statement 12 ​ 16 231 9 509 930 ​ Reclassification to held for sale 1 ​ ​ 34 (304) 29 ​ Foreign exchange differences recognised in income statement ​ ​ 25 (14) 48 ​ Translation of foreign operations ​ ​ (41) 513 (370) ​ ​ ​ ​ ​ 15 941 4 973 905 ​ Net tax (payable)/receivable per statement of financial position ​ ​ (2 410) 307 4 754 ​ tax payable ​ ​ (3 142) (806) (665) ​ tax receivable 2 ​ ​ 732 1 113 5 419 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Per the statement of cash flows ​ ​ 13 531 5 280 5 659 ​ Comprising ​ ​ ​ ​ ​ ​ Normal tax ​ ​ ​ ​ ​ ​ South Africa ​ ​ 11 739 6 622 3 131 ​ Foreign ​ ​ 1 860 (1 342) 2 526 ​ Dividend withholding tax ​ ​ ​ (68) — 2 ​ ​ ​ ​ ​ 13 531 5 280 5 659 ​ 1 2021 mainly due to ROMPCO tax payable that was transferred to liabilities held for sale. 2 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
	Jun. 30, 2022
Deferred tax
Schedule of deferred tax	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm Reconciliation ​ ​ Balance at beginning of year ​ ​ ​ (16 718) (12 511) ​ Current year charge ​ ​ ​ (1 572) (8 956) ​ per the income statement 12 ​ (2 362) (9 324) ​ per the statement of comprehensive income ​ ​ ​ 790 368 ​ Reclassification from held for sale ​ ​ ​ 665 424 ​ Disposal of investment¹ ​ ​ ​ ​ — ​ (85) ​ Foreign exchange differences recognised in income statement ​ ​ ​ 23 (103) ​ Translation of foreign operations ​ ​ ​ (3 047) 4 513 ​ Balance at end of year ​ ​ ​ (20 649) (16 718) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprising ​ ​ ​ ​ ​ ​ Deferred tax assets ​ ​ ​ (31 198) (24 511) ​ Deferred tax liabilities ​ ​ ​ 10 549 7 793 ​ ​ ​ ​ ​ (20 649) (16 718) ​ 1 ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Attributable to the following tax jurisdictions ​ ​ · South Africa ​ 447 3 169 · United States of America ​ (21 462) (18 556) · Germany ​ 1 084 (1 085) · Mozambique ​ (400) 323 · Other ​ (318) (569) ​ ​ (20 649) (16 718) Deferred tax is attributable to temporary differences on the following: ​ ​ ​ NET DEFERRED TAX ASSETS: ​ ​ ​ Property, plant and equipment ​ 13 047 6 287 Right of use assets ​ 587 1 024 Short- and long-term provisions ​ (811) (3 731) Calculated tax losses ​ (37 953) (24 097) Financial liabilities ​ (1 930) (1 324) Other ​ (4 138) (2 670) ​ ​ (31 198) (24 511) NET DEFERRED TAX LIABILITIES: ​ ​ ​ Property, plant and equipment ​ 17 963 13 392 Right of use assets ​ 1 617 1 370 Current assets ​ (1 376) (1 124) Short- and long-term provisions ​ (5 676) (3 948) Calculated tax losses ​ (47) (11) Financial liabilities ​ 206 135 Other ​ (2 138) (2 021) ​ ​ 10 549 7 793 ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Calculated tax losses (before applying the applicable tax rate) Available for offset against future taxable income 164 474 105 428 Utilised against the deferred tax balance (160 244) (102 890) Not recognised as a deferred tax asset 1 4 230 2 538 CALCULATED TAX LOSSES CARRIED FORWARD THAT HAVE NOT BEEN RECOGNISED: Expiry within 1 year ​ 167 ​ 3 Expiry between one and five years 1 085 1 150 Expiry thereafter 763 608 Indefinite life 2 215 777 ​ 4 230 2 538 1
Schedule of unremitted earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Unremitted earnings at end of year that would be subject to dividend withholding tax ​ 32 268 26 662 ​ Europe ​ 22 788 20 051 ​ Rest of Africa ​ 2 580 1 933 ​ Other ​ 6 900 4 678 ​ ​ ​ ​ ​ ​ ​ ​ Tax effect if remitted ​ 724 455 ​ Europe ​ 489 277 ​ Rest of Africa ​ 206 155 ​ Other ​ 29 23 ​
Schedule of dividend withholding tax	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 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 ​ 138 275 99 061 Maximum withholding tax payable by shareholders if distributed to individuals ​ 27 655 19 812

Share capital (Tables)

Share capital (Tables)	12 Months Ended
	Jun. 30, 2022
Share capital.
Schedule of share capital	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 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 2022 2021 2020 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 ​ 634 244 336 632 365 757 631 028 318 ​ Issued in terms of the employee share schemes ​ 1 432 481 1 878 579 1 337 439 ​ Shares issued at end of year ​ 635 676 817 634 244 336 632 365 757 ​ Comprising ​ ​ ​ ​ Sasol ordinary shares of no par value ​ 629 345 470 627 912 989 626 034 410 ​ Sasol BEE ordinary shares of no par value ​ 6 331 347 6 331 347 6 331 347 ​ ​ ​ 635 676 817 634 244 336 632 365 757 ​ Unissued shares ​ ​ ​ ​ Sasol ordinary shares of no par value ​ 498 345 120 499 777 601 501 656 180 ​ 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 ​ ​ ​ 678 730 754 680 163 235 682 041 814 ​ * At 30 June 2022, 10 243 580 (2021 - 10 469 584; 2020 - 13 969 621) shares were held by the Sasol Foundation Trust and the Sasol Khanyisa Employee Share Ownership Plan.

Long-term debt (Tables)

Long-term debt (Tables)	12 Months Ended
	Jun. 30, 2022
Long-term debt.
Schedule of long-term debt	​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Total long-term debt 104 834 102 643 Short-term portion (22 334) (5 506) ​ 82 500 97 137 Analysis of long-term debt AT AMORTISED COST ​ ​ ​ ​ Secured debt 67 108 Unsecured debt 105 142 102 974 Unamortised loan costs (375) (439) ​ 104 834 102 643 RECONCILIATION Balance at beginning of year 102 643 167 197 Loans raised 1 88 26 057 Loans repaid 2 (12 086) (61 454) Interest accrued 936 305 Amortisation of loan costs 132 160 Disposal of business ​ — ​ (2 673) Transfer to disposal groups held for sale — (939) Translation of foreign operations 13 121 (26 010) Balance at end of year 104 834 102 643 INTEREST-BEARING STATUS Interest-bearing debt 104 834 102 643 MATURITY PROFILE Within one year 22 334 5 506 One to five years 55 936 64 495 More than five years 26 564 32 642 ​ 104 834 102 643 1 2021 loans raised relate mainly to the R 23,1 billion (US$ 1,5 billion) bonds issued in March 2021. 2 Current year relates mainly to repayments on the revolving credit facility (RCF); 2021 relates mainly to the repayments in the RCF in Sasol Financing International Limited of R 55,4 billion (US$ 3,6 billion) as well as repayment of term loans R 5,4 billion (US$ 350 million). ​ 16 Long-term debt continued ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate at 2022 2021 Terms of repayment Business Currency 30 June 2022* ​ Rm ​ Rm Unsecured debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Various repayment terms ending June 2026 ​ Various ​ Various ​ Various ​ 460 ​ 599 Various repayment terms Fuels Rand Fixed 8% ​ 569 588 Repayable in August 2022 Corporate Centre (Sasol Financing) Rand Variable 3 months Jibar + 1,3% ​ 2 193 2 191 Repayable November 2022¹ ​ Corporate Centre (Sasol Financing International) ​ US dollar ​ Fixed 4,5% ​ 16 375 ​ 14 359 Repayable in November 2024 2,3,6 Corporate Centre (Sasol Financing International and Sasol Financing USA) US dollar SOFR+Credit Adj + 2% — 7 788 Repayable June 2024 4,6 ​ Corporate Centre (Sasol Financing USA) ​ US dollar ​ SOFR+Credit Adj + 2% ​ 2 444 ​ 2 143 Repayable June 2024 4,6 ​ Corporate Centre (Sasol Financing USA) ​ US dollar ​ SOFR+Credit Adj + 2% ​ 20 940 ​ 20 954 Various repayment terms from March 2024 to March 2031 5 Corporate Centre (Sasol Financing USA) US dollar Fixed 4,4% to 6,5% ) 62 161 54 352 Total unsecured debt ​ ​ 105 142 102 974 Secured debt ​ ​ ​ ​ ​ ​ ​ 67 ​ 108 Unamortised loan costs (amortised over period of debt using the effective interest rate method) ​ ​ (375) (439) ​ ​ ​ ​ ​ ​ 104 834 ​ 102 643 Short-term portion of long-term debt ​ ​ (22 334) (5 506) ​ ​ ​ ​ ​ ​ 82 500 ​ 97 137 * 1 Included in this amount is the US $1 billion (R 16 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 (SFIL), 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, SFIL, by dividend or loan. 2 In 2021 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 5 billion ( $348 million) on the revolving credit facility. 4 The variable interest rate debt relates to the US $1,28 billion (R 20,9 billion) term loan and US $150 million (R 2,4 billion) revolving credit facility. 5 Included in this amount is the US$ 3,8 billion (R 62 billion) bonds 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 (SFUSA), 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, SFUSA, by dividend or loan. 6 Effective 15 March 2022 contractual arrangements relating to the term loan and revolving credit facilities were amended to replace the US dollar LIBOR with the Secured Overnight Financing Rate (SOFR). (2021: Libor + 2% on the term loan and Variable Libor + 1,6% on the RCF.)
Schedule of liquidity available from borrowings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contract ​ Rand ​ Utilised ​ Available ​ ​ ​ ​ ​ ​ ​ amount ​ equivalent ​ facilities ​ facilities ​ 30 June 2022 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 8 150 8 150 — 8 150 ​ Revolving credit facility June 2024 US dollar 150 2 442 2 442 — ​ Revolving credit facility 2 November 2024 US dollar 2 845 46 317 — 46 317 ​ DEBT ARRANGEMENTS ​ ​ ​ ​ ​ ​ ​ US Dollar Bond ​ November 2022 ​ US dollar ​ 1 000 ​ 16 280 ​ 16 280 ​ — ​ US Dollar term loan June 2024 US dollar 1 285 20 919 20 919 — ​ US Dollar Bond March 2024 US dollar 1 500 24 420 24 420 — ​ US Dollar Bond ​ September 2026 ​ US dollar ​ 650 ​ 10 582 ​ 10 582 ​ — ​ US Dollar Bond September 2028 US dollar 750 12 210 12 210 — ​ US Dollar Bond ​ March 2031 ​ US dollar ​ 850 ​ 13 838 ​ 13 838 ​ — ​ Other Sasol businesses ​ SPECIFIC PROJECT ASSET FINANCE ​ Energy — Clean Fuels II (Natref) Various Rand 875 875 875 — ​ DEBT ARRANGEMENTS ​ Other debt arrangements ​ Various ​ — — 712 — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 104 454 60 291 ​ Available cash excluding restricted cash ​ 40 405 ​ Total funds available for use ​ 100 696 ​ Total utilised facilities ​ 104 454 ​ Accrued interest ​ 1 010 ​ Unamortised loan cost ​ (375) ​ Total debt including accrued interest and unamortised loan cost ​ 105 089 ​ COMPRISING ​ ​ Long-term debt ​ 82 500 ​ Short-term debt ​ 22 416 ​ Short-term debt ​ 82 ​ Short-term portion of long-term debt ​ 22 334 ​ Bank overdraft ​ 173 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 105 089 ​ 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$ 2,549 billion by November 2022 and to US$ 2,075 billion by November 2023.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 30, 2022
Leases
Schedule of right of use assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plant, ​ ​ ​ ​ ​ ​ ​ ​ equipment ​ Mineral ​ ​ ​ ​ Land ​ Buildings ​ and vehicles ​ assets ​ Total for the year ended 30 June Rm Rm Rm Rm Rm Right of use assets Carrying amount at 30 June 2021 241 5 153 7 508 1 12 903 Additions 1 674 900 2 1 577 Modifications and reassessments — (5) (17) — (22) Reclassification to held for sale (note 11) (28) (42) (39) — (109) Translation of foreign operations 11 70 451 — 532 Terminations — (17) (24) — (41) Current year depreciation charge (11) (655) (1 552) (2) (2 220) Reversal of impairment of right of use assets (note 9) 3 2 4 — 9 Carrying amount at 30 June 2022 217 5 180 7 231 1 12 629 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plant, ​ ​ ​ ​ ​ ​ ​ ​ equipment ​ Mineral ​ ​ ​ ​ Land ​ Buildings ​ and vehicles ​ assets ​ Total for the year ended 30 June Rm Rm Rm Rm Rm Right of use assets Carrying amount at 30 June 2020 184 6 446 7 179 7 13 816 Additions 94 527 1 278 — 1 899 Modifications and reassessments — (689) (104) — (793) Acquisition of business — — 111 — 111 Disposal of business — — (55) — (55) Reclassification from/(to) held for sale (note 11) — (3) (41) — (44) Translation of foreign operations (26) (304) 827 — 497 Terminations — (125) (52) (1) (178) Current year depreciation charge (11) (694) (1 607) (5) (2 317) Net impairment of right of use assets (note 9) — (5) (28) — (33) Carrying amount at 30 June 2021 241 5 153 7 508 1 12 903 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plant, ​ ​ ​ ​ ​ ​ ​ ​ equipment ​ Mineral ​ ​ ​ ​ Land ​ Buildings ​ and vehicles ​ assets ​ Total for the year ended 30 June Rm Rm Rm Rm Rm 2022 Cost 301 7 616 11 842 7 19 766 Accumulated depreciation and impairment (84) (2 436) (4 611) (6) (7 137) ​ 217 5 180 7 231 1 12 629 2021 Cost 549 7 389 10 763 4 18 705 Accumulated depreciation and impairment (308) (2 236) (3 255) (3) (5 802) ​ 241 5 153 7 508 1 12 903 2020 Cost 523 8 046 10 954 9 19 532 Accumulated depreciation and impairment (339) (1 600) (3 775) (2) (5 716) ​ 184 6 446 7 179 7 13 816
Schedule of lease liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June Note Rm Rm Lease liabilities Total long-term lease liabilities 14 266 13 906 Short-term portion (included in short-term debt) 18 1 768 1 771 ​ ​ ​ 16 034 15 677 RECONCILIATION Balance at beginning of year 15 677 17 719 New lease contracts ​ ​ ​ 1 979 ​ 2 011 Payments made on lease liabilities ​ ​ ​ (2 264) ​ (2 180) Modifications and reassessments ​ ​ ​ (23) ​ (802) Interest accrued ​ ​ ​ 453 ​ 332 Termination of lease liability ​ ​ ​ (63) ​ (189) Acquisition of business — 111 Disposal of business — (25) Transfer (to)/from disposal groups held for sale (362) 10 Translation of foreign operations ​ ​ 637 (1 310) Balance at end of year 16 034 15 677
Schedule of amounts recognised in income statement and cash flow	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Rm Rm Rm Amounts recognised in income statement Interest expense (included in net finance cost) ​ 1 357 1 488 1 465 Expense relating to short-term leases* 474 423 757 Expense relating to leases of low-value assets that are not shown above as short-term leases* 79 65 33 Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)* 32 58 64 ​ ​ ​ ​ ​ ​ ​ Amounts recognised in statement of cash flows Total cash outflow on leases 3 753 3 882 4 048 * Included in cash paid to suppliers and employees in the statement of cash flows.
Schedule of incremental borrowing rates	​ ​ ​ ​ Southern Africa 4,18 - 16,47% (2021: 6,19 - 15,35%) North America 1,46 - 5,77% (2021: 2,15 - 5,64%) Eurasia 0,38 - 11,16% (2021: 0,38 - 6,35%)

Short-term debt (Tables)

Short-term debt (Tables)	12 Months Ended
	Jun. 30, 2022
Short-term debt.
Schedule of short-term debt	​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm Short-term debt ​ 82 60 Short-term portion of ​ ​ ​ ​ long-term debt 1 ​ 16 22 334 5 506 lease liabilities ​ 17 1 768 1 771 ​ ​ ​ ​ 24 184 ​ 7 337 1 At 30 June 2022 R 16 billion (US $1 billion) US Dollar bond as well as R 2,2 billion relating to the DMTN were classified as short-term, these are repayable in November and August 2022 respectively.

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
	Jun. 30, 2022
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 ​ Carrying amount at 30 June 2021 ​ 3 871 11 554 128 986 27 476 26 134 ​ 198 021 ​ Additions ​ 20 80 701 58 21 754 ​ 22 613 ​ to sustain existing operations ​ 20 75 671 58 20 091 ​ 20 915 ​ to expand operations ​ — 5 30 — 1 663 ​ 1 698 ​ Reduction in rehabilitation provisions capitalised (note 32) ​ — — (33) (56) (395) ​ (484) ​ Finance costs capitalised ​ ​ — ​ — ​ — ​ — ​ 740 ​ 740 ​ Assets capitalised or reclassified ​ (170) (445) 17 482 88 (17 203) ​ (248) ​ Reclassification to held for sale (note 11) ​ (51) (22) (340) — (59) ​ (472) ​ Translation of foreign operations ​ 407 908 13 527 — 195 ​ 15 037 ​ Disposals and scrapping ​ (10) (533) (2 565) (87) (607) ​ (3 802) ​ Current year depreciation charge ​ — (434) (8 599) (2 499) — ​ (11 532) ​ Net impairment reversal of property, plant and equipment (note 9) ​ (57) 13 1 416 — 63 ​ 1 435 ​ Carrying amount at 30 June 2022 ​ 4 010 11 121 150 575 24 980 30 622 ​ 221 308 ​ * ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 2020 ​ ​ 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 ​ ​ — ​ (4) ​ (55) ​ (1 401) ​ (965) ​ (2 425) ​ Establishment of joint operation 1 ​ ​ 325 ​ 1 097 ​ 28 079 ​ – ​ 62 ​ 29 563 ​ Disposal of business 2 ​ ​ (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 11) ​ ​ 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 9) ​ ​ (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 2 ​ 19 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 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cost ​ 4 357 21 466 356 420 49 388 30 622 ​ 462 253 Accumulated depreciation and impairment ​ (347) (10 345) (205 845) (24 408) — ​ (240 945) ​ ​ 4 010 11 121 150 575 24 980 30 622 ​ 221 308 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 ​ (253) (9 464) (173 582) (54 779) — ​ (238 078) ​ ​ 5 591 11 954 152 255 30 043 27 802 ​ 227 645 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 ​ for the year ended 30 June ​ Rm ​ Rm ​ Rm ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT (CASH FLOW) ​ ​ ​ ​ ​ ​ ​ Current year additions ​ 22 613 16 022 38 092 ​ Adjustments for non-cash items ​ (20) (77) (2 947) ​ movement in environmental provisions capitalised ​ (20) (77) (2 947) ​ ​ ​ ​ ​ ​ ​ ​ ​ Per the statement of cash flows ​ 22 593 15 945 35 145 ​
Schedule of capital commitments (excluding equity accounted investments)	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 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 ​ 41 892 33 196 Authorised but not yet contracted for ​ 35 830 33 297 Less expenditure to the end of year ​ (32 438) (26 605) ​ ​ 45 284 39 888 ​ ​ ​ ​ ​ ​ ​ ​ to sustain existing operations ​ 30 805 25 591 to expand operations ​ 14 479 14 297 ESTIMATED EXPENDITURE ​ Within one year ​ 27 719 21 393 One to five years ​ 17 565 18 495 ​ ​ 45 284 39 888 ​ ​ ​ 19 Property, plant and equipment continued Significant capital commitments and expenditure at 30 June comprise mainly of: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital commitments ​ Capital expenditure ​ ​ ​ 2022 ​ 2021 2022 ​ 2021 Project ​ Project location ​ Business segment ​ Rm ​ Rm ​ Rm ​ Rm Projects to sustain operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shutdown and major statutory maintenance ​ Various ​ Various ​ 7 963 ​ 6 439 ​ 6 082 ​ 2 583 Environmental projects ​ Various Various 3 449 ​ 3 033 1 520 ​ 1 806 Clean fuels II Various Fuels 2 632 ​ 1 483 893 ​ 237 Projects to expand operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Environmental projects ​ South Africa ​ Fuels ​ 640 ​ — ​ — ​ — Mozambique exploration and development Mozambique Gas 11 448 ​ 10 786 1 377 ​ 234 Lake Charles Chemical Project United States Chemicals America — ​ 798 99 ​ 684 ​
Schedule of depreciation and amortisation expense	​ ​ ​ ​ ​ ​ Buildings and improvements ​ 1 - 17%, units of production over life of related reserve base Retail convenience centres (included in buildings and improvements) ​ 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 (included in mineral 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
	Jun. 30, 2022
Long-term receivables and prepaid expenses
Schedule of long-term receivables and prepaid expenses	​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Total long-term receivables ​ 4 230 ​ 4 956 Impairment of long-term receivables* (85) (91) Short-term portion (1 122) (986) ​ 3 023 3 879 Long-term prepaid expenses 187 345 ​ 3 210 4 224 Comprising: ​ ​ Long-term receivables (interest-bearing) - joint operations 584 605 Long-term loans 2 016 2 517 LCCP investment incentives 423 757 ​ 3 023 3 879 * 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 39 for detail on the impairments recognised.

Equity accounted investments (T

Equity accounted investments (Tables)	12 Months Ended
	Jun. 30, 2022
Equity accounted investments.
Schedule of interest in equity accounted investments and total carrying values	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Country of Interest 2022 2021 Name ​ incorporation ​ Nature of activities ​ % ​ Rm ​ Rm Joint ventures ​ ​ ​ ​ ​ ORYX GTL Limited Qatar GTL plant 49 8 920 9 329 Sasol Dyno Nobel (Pty) Ltd South Africa Manufacturing and distribution of explosives 50 267 260 Associates ​ ​ ​ Enaex Africa (Pty) Ltd South Africa Manufacturing and distribution of explosives 23 309 295 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 ​ 20 ​ 2 753 ​ — Other equity accounted investments ​ ​ Various 435 258 Carrying value of investments 12 684 10 142 1 Effective 29 June 2022 Sasol disposed of 30% of its shareholding in ROMPCO. The group retains 20% shareholding and the ability to appoint 4 of the 14 directors. Accordingly, the investment in ROMPCO is accounted for as an associate from the disposal date.
Summarised financial information for the group's share of equity accounted investments which are not material	​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Operating profit 114 128 Profit before tax 159 140 Taxation (50) (45) Profit for the year 109 95 * The financial information provided represents the group’s share of the results of the equity accounted investments.
Schedule of capital commitments relating to equity accounted investments	​ ​ ​ ​ ​ ​ ​ 2022 2021 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 688 622 Authorised but not yet contracted for 884 713 Less: expenditure to the end of year (562) (348) ​ 1 010 987
Summarised financial information for the group's material joint ventures	​ ​ ​ ​ ​ ​ ​ ​ ​ Joint venture ​ ORYX GTL Limited ​ 2022 2021 for the year ended 30 June Rm Rm Summarised statement of financial position ​ ​ ​ ​ Non-current assets ​ ​ 13 723 ​ 13 149 ​ Deferred tax asset ​ ​ 292 ​ 212 ​ Cash and cash equivalents* ​ ​ 4 208 ​ 2 682 ​ Other current assets ​ ​ 7 775 ​ 5 307 ​ Total assets ​ ​ 25 998 ​ 21 350 ​ Other non-current liabilities ​ ​ 704 ​ 742 ​ Other current liabilities ​ ​ 4 594 ​ 1 178 ​ Tax payable ​ ​ 2 496 ​ 391 ​ Total liabilities ​ ​ 7 794 ​ 2 311 ​ Net assets ​ ​ 18 204 ​ 19 039 ​ Summarised income statement ​ ​ ​ ​ ​ ​ Turnover ​ ​ 16 620 ​ 8 538 ​ Depreciation and amortisation ​ ​ (1 625) ​ (1 759) ​ Other operating expenses ​ ​ (5 497) ​ (4 513) ​ Operating profit before interest and tax ​ ​ 9 498 ​ 2 266 ​ Finance income ​ ​ 33 ​ 6 ​ Finance cost ​ ​ (42) ​ (48) ​ Profit before tax ​ ​ 9 489 ​ 2 224 ​ Taxation ​ ​ (3 329) ​ (758) ​ Profit and total comprehensive income for the year ​ ​ 6 160 ​ 1 466 ​ The group’s share of profits of equity accounted investment ​ ​ 3 019 ​ 719 ​ 49% share of profit before tax ​ ​ 4 650 ​ 1 090 ​ Taxation ​ ​ (1 631) ​ (371) ​ ​ ​ ​ ​ ​ ​ ​ Reconciliation of summarised financial information ​ ​ ​ ​ Net assets at the beginning of the year ​ ​ 19 039 ​ 21 452 ​ Earnings before tax for the year ​ ​ 9 489 ​ 2 224 ​ Taxation ​ ​ (3 329) ​ (758) ​ Foreign exchange differences ​ ​ 2 438 ​ (3 879) ​ Dividends paid** ​ ​ (9 433) ​ — ​ Net assets at the end of the year ​ ​ 18 204 ​ 19 039 ​ Carrying value of equity accounted investment ​ ​ 8 920 ​ 9 329 ​ * **
Summarised financial information for the group's material associates	​ ​ ​ ​ ​ ​ ​ ​ Associate ​ ​ The Republic of ​ ​ Mozambique Pipeline ​ ​ Investment Company ​ ​ (Pty) Ltd (ROMPCO) ​ ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Summarised statement of financial position Non-current assets 1 5 770 — Cash and cash equivalents 1 056 — Other current assets 373 — Total assets 7 199 — Other non-current liabilities 812 — Other current liabilities 125 — Tax payable 51 — Total liabilities 988 — Net assets 6 211 — Carrying value of equity accounted investment 2 753 — 1 Includes fair value adjustment on acquisition of investment.

Interest in joint operations (T

Interest in joint operations (Tables)	12 Months Ended
	Jun. 30, 2022
Interest in joint operations
Schedule of interest in joint operations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ % of equity owned ​ ​ ​ ​ ​ ​ 2022 ​ 2021 Name Country of incorporation Nature of activities % % Louisiana Integrated Polyethylene JV LLC ​ United States of America ​ Manufactures high density polyethylene chemicals ​ 50 ​ 50 Sasol Canada 1 Canada Development of shale gas reserves and production and marketing of shale gas — 50 Natref South Africa Refining of crude oil 64 64 1 The Group sold its investment in Sasol Canada on 29 July 2021. In accordance with the Group's accounting policy, the results of joint operations are accounted for on a line by line basis. The information provided is Sasol’s share of joint operations (excluding unincorporated joint operations) and includes intercompany transactions and balances. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Louisiana ​ ​ ​ ​ ​ ​ ​ ​ Integrated ​ ​ ​ ​ ​ ​ ​ Polyethylene Total ​ Total ​ JV LLC* Natref 2022 ​ 2021** for the year ended 30 June Rm Rm Rm Rm Statement of financial position ​ ​ ​ ​ ​ ​ ​ ​ External non-current assets ​ 30 554 ​ 3 595 ​ 34 149 ​ 30 647 External current assets ​ 1 006 ​ 351 ​ 1 357 ​ 4 872 Intercompany current assets ​ 60 ​ 12 ​ 72 ​ 2 Total assets ​ 31 620 ​ 3 958 ​ 35 578 ​ 35 521 Shareholders’ equity ​ 30 785 ​ 296 ​ 31 081 ​ 28 754 Long-term liabilities ​ 27 ​ 2 427 ​ 2 454 ​ 2 522 Interest-bearing current liabilities ​ 44 ​ 193 ​ 237 ​ 225 Non-interest-bearing current liabilities ​ 546 ​ 655 ​ 1 201 ​ 2 607 Intercompany current liabilities ​ 218 ​ 387 ​ 605 ​ 1 413 Total equity and liabilities ​ 31 620 ​ 3 958 ​ 35 578 ​ 35 521 * The joint operation with LyondellBasell operates as a tolling arrangement. Sasol retains control of our portion of 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. Equistar, as subsidiary of LyondellBasell, acts as an independent agent, for a fee, to exclusively market and sell all of Sasol's Linear low-density polyethylene (LLDPE) and Low-density polyethylene (LDPE) produced by the joint operation to customers. ** The group sold it's investment in Sasol Canada on 29 July 2021 and its investment in Central Térmica de Ressano Garcia (CTRG) on 29 April 2022.

Interest in significant opera_2

Interest in significant operating subsidiaries (Tables)	12 Months Ended
	Jun. 30, 2022
Interest in significant operating subsidiaries
Schedule of interest in significant operating subsidiaries	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Country of % of equity owned Name incorporation Nature of activities 2022 2021 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 2022 2021 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 — 1 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 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 Sasol sold 30% and retained 20% of our equity interest in the ROMPCO pipeline on 29 June 2022. ROMPCO is now accounted for as an associate. Refer note 21. 2 Sasol sold its investment in Sasol Canada on 29 July 2021.

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jun. 30, 2022
Inventories
Schedule of inventories	​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Rm ​ Rm Carrying value ​ ​ ​ ​ Crude oil and other raw materials 6 515 4 269 Process material 2 079 1 834 Maintenance materials 5 636 5 585 Work in progress 2 661 2 560 Manufactured products 23 988 15 315 Consignment inventory 231 179 ​ 41 110 29 742

Trade and other receivables (Ta

Trade and other receivables (Tables)	12 Months Ended
	Jun. 30, 2022
Trade and other receivables
Schedule of trade and other receivables	​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June Rm Rm Trade receivables 1 32 778 23 692 Other receivables 4 546 3 708 Related party receivables — equity accounted investments 2 2 074 255 Impairment of trade and other receivables* (462) (515) Trade and other receivables 38 936 27 140 Slate recovery receivable 3 ​ 2 571 ​ 78 Duties recoverable from customers 485 263 Prepaid expenses and other 2 115 1 860 Value added tax 4 2 564 1 592 ​ 46 671 30 933 1 Increase mainly as a result of higher sales prices and weaker Rand/$ closing rate. 2 Included in related party receivables is a dividend receivable from ORYX GTL Limited of R1,6 billion. 3 Sasol Oil Slate balance reflecting an under recovery mainly as a result of increased international crude oil prices coupled with a weak Rand/$ exchange rate. The slate balance will be recovered through the Department of Mineral Resources and Energy's slate levy mechanism and under recoveries due to BFP price changes. 4 Increase due to refund received after 30 June 2022. *Impairment of trade receivables

Trade and other payables (Table

Trade and other payables (Tables)	12 Months Ended
	Jun. 30, 2022
Trade and other payables.
Schedule of trade and other payables	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June Rm Rm ​ ​ ​ ​ ​ ​ Trade payables* ​ 26 888 17 197 ​ Capital project related payables ​ 457 960 ​ Accrued expenses ​ 4 807 4 323 ​ Other payables (financial liabilities)** ​ ​ 6 611 ​ 652 ​ Related party payables ​ 1 110 157 ​ third parties ​ 191 155 ​ equity accounted investments ​ 919 2 ​ Trade payables ​ 39 873 23 289 ​ Other payables (non financial liabilities)*** ​ 9 037 8 422 ​ Duties payable to revenue authorities ​ 4 172 4 785 ​ Value added tax ​ 473 174 ​ ​ ​ 53 555 36 670 ​ * Increase mainly due to the increase in the cost of raw material ** Other payables (financial liabilities) relate to payables for crude oil derivatives that settled out of the money. *** Other payables (non-financial liabilities) include employee-related payables.

(Increase)_decrease in workin_2

(Increase)/decrease in working capital (Tables)	12 Months Ended
	Jun. 30, 2022
(Increase)/decrease in working capital
Schedule of (Increase)/decrease in working capital	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 ​ Rm Rm Rm (Increase)/decrease in inventories (12 281) (4 872) 3 397 (Increase)/decrease in trade receivables (9 414) (7 198) 6 431 Increase/(decrease) in trade payables 10 159 4 916 (3 990) (Increase)/decrease in working capital (11 536) (7 154) 5 838

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	12 Months Ended
	Jun. 30, 2022
Cash and cash equivalents.
Summary of cash and cash equivalents	​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Cash and cash equivalents ​ 40 577 ​ 28 981 Restricted cash and cash equivalents ​ 2 563 ​ 2 250 ​ ​ 43 140 ​ 31 231 Bank overdraft (173) (243) Per the statement of cash flows 42 967 30 988 Cash by currency Rand 27 122 14 994 Euro 2 835 2 159 US dollar 12 289 12 787 Other currencies 721 1 048 ​ 42 967 30 988

Cash generated by operating a_2

Cash generated by operating activities (Tables)	12 Months Ended
	Jun. 30, 2022
Cash generated by operating activities
Schedule of cash generated by operating activities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Cash flow from operations 30 67 674 52 268 36 546 (Increase)/decrease in working capital 27 (11 536) (7 154) 5 838 ​ ​ ​ 56 138 45 114 42 384

Cash flow from operations (Tabl

Cash flow from operations (Tables)	12 Months Ended
	Jun. 30, 2022
Cash flow from operations
Schedule of cash flow from operations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June Note Rm Rm Rm Earnings/(loss) before interest and tax (EBIT/(LBIT)) ​ ​ ​ 61 417 ​ 16 619 ​ (111 926) Adjusted for share of (profits)/losses of equity accounted investments 21 (3 128) (814) 347 equity-settled share-based payment 35 1 164 1 927 1 946 depreciation and amortisation ​ ​ 14 073 17 644 22 327 effect of remeasurement items 9 (9 903) 23 218 111 978 movement in long-term provisions ​ ​ ​ ​ ​ income statement charge 32 643 (3) (2 208) utilisation 32 (310) (388) (734) movement in short-term provisions ​ ​ (2 182) 2 839 39 movement in post-retirement benefits ​ ​ 443 880 733 translation effects ​ ​ ​ (886) ​ (5 047) ​ 6 098 write-down of inventories to net realisable value ​ ​ 451 83 384 movement in financial assets and liabilities ​ ​ 2 760 (4 225) 3 990 movement in other receivables and payables ​ ​ 3 223 (240) 3 057 other non-cash movements ​ ​ (91) (225) 515 ​ ​ ​ 67 674 52 268 36 546

Dividends paid (Tables)

Dividends paid (Tables)	12 Months Ended
	Jun. 30, 2022
Dividends paid
Schedule of dividends paid	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June Rm Rm Rm Final dividend — prior year ​ 23 ​ 16 ​ 10 Interim dividend — current year 26 30 21 ​ 49 46 31 Forecast cash flow on final dividend — current year 9 344 — —

Long-term provisions (Tables)

Long-term provisions (Tables)	12 Months Ended
	Jun. 30, 2022
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 ​ ​ 16 196 ​ 29 ​ 1 136 ​ 17 361 Capitalised to property, plant and equipment ​ ​ 20 ​ — ​ — ​ 20 Reduction in rehabilitation provision capitalised 1 ​ (484) — — (484) ​ Transfer to disposal groups held for sale 2 ​ (938) — (30) (968) ​ Per the income statement ​ 925 (27) (255) 643 ​ additional provisions and changes to existing provisions ​ 971 (9) 52 1 014 ​ reversal of unutilised amounts ​ — (18) (252) (270) ​ effect of change in discount rate ​ (46) — (55) (101) ​ Notional interest ​ 721 — 5 726 ​ Utilised during year (cash flow) ​ (216) (2) (92) (310) ​ Foreign exchange differences recognised in income statement ​ 138 — 32 170 ​ Translation of foreign operations ​ 845 — 12 857 ​ Balance at end of year ​ 17 207 — 808 18 015 ​ 1 Decrease in rehabilitation provision capitalised in 2022 relates to a reassessment of the provision based on discount rates and cost estimates. 2 Relates to long-term provisions of the European wax business disposed of during the year, refer note 10.
Schedule of expected timing of future cash flows for provisions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for the year ended 30 June Note Rm Rm Expected timing of future cash flows ​ ​ ​ ​ ​ Within one year ​ ​ 1 465 1 197 ​ One to five years ​ ​ 5 429 5 287 ​ More than five years ​ ​ 11 121 10 877 ​ ​ ​ ​ 18 015 17 361 ​ Short-term portion 33 (1 465) (1 197) ​ Long-term provisions ​ ​ 16 550 16 164 ​ Estimated undiscounted obligation* ​ ​ 105 792 92 109 ​ * Increase relates mainly to a reassessment of cost estimates and volumes used in the environmental provisions.
Summary of risk-free rates used to discount the estimated cash flows related to provisions	​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for the year ended 30 June % % South Africa 6,6 to 10,1 4,2 to 10,3 Europe 0,6 to 2,4 0,0 to 0,5 United States of America 2,2 to 3,3 0,2 to 1,8
Schedule of effect on provisions from changes in the discount rate	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 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 ​ (4 405) (4 352) ​ amount capitalised to property, plant and equipment ​ (1 237) (1 250) ​ income recognised in income statement ​ (3 168) (3 102) ​ Decrease in the discount rate ​ 5 474 5 266 ​ amount capitalised to property, plant and equipment ​ 1 646 1 787 ​ expense recognised in income statement ​ 3 828 3 479 ​

Short-term provisions (Tables)

Short-term provisions (Tables)	12 Months Ended
	Jun. 30, 2022
Short-term provisions
Schedule of short-term provisions	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm Other provisions 1 ​ ​ ​ 1 126 ​ 3 370 Short-term portion of ​ ​ ​ ​ long-term provisions 32 1 465 1 197 post-retirement benefit obligations 34 553 497 ​ ​ ​ 3 144 5 064 1 Decrease mainly relates to a provision raised in 2021 for the National Energy Regulator of South Africa's final decision on the maximum gas price methodology for Sasol Gas, which was reclassified to trade and other payables in 2022. Refer note 36.1. The remaining balance includes emission right provisions of R609 million and employee related provisions of approximately R214 million.

Post-retirement benefit oblig_2

Post-retirement benefit obligations (Tables)	12 Months Ended
	Jun. 30, 2022
Post-retirement benefit obligations
Schedule of post-retirement benefit obligations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-current ​ Current ​ Total ​ ​ ​ 2022 ​ 2021 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm Post-retirement healthcare obligations 34.1 ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ 3 300 ​ 3 238 256 ​ 218 ​ 3 556 ​ 3 456 United States of America ​ 228 ​ 236 20 ​ 21 ​ 248 ​ 257 ​ ​ ​ 3 528 ​ 3 474 276 ​ 239 ​ 3 804 ​ 3 713 Pension obligations 34.2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Foreign — post-retirement benefit obligation ​ 6 535 ​ 9 823 277 ​ 258 ​ 6 812 ​ 10 081 Total post-retirement benefit obligations ​ 10 063 ​ 13 297 553 ​ 497 ​ 10 616 ​ 13 794 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension assets 34.2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa — post-retirement benefit asset ​ (64) ​ (46) — ​ — ​ (64) ​ (46) Foreign — post-retirement benefit asset ​ (569) ​ (545) — ​ — ​ (569) ​ (545) Total post-retirement benefit assets ​ (633) ​ (591) — ​ — ​ (633) ​ (591) Net pension obligations ​ 5 902 ​ 9 232 277 ​ 258 ​ 6 179 ​ 9 490
Schedule of loss/(gain) on post-retirement benefit obligations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loss/(gain) recognised in the income Loss/(gain) recognised in other ​ ​ ​ ​ statement ​ comprehensive income ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ 2022 ​ 2021 ​ 2020 for the year ended 30 June ​ Note ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm Post-retirement benefit obligations Post-retirement healthcare obligations 34.1 442 407 467 (131) 201 (1 040) Pension benefits - projected benefit obligation 34.2 7 934 7 248 7 073 (3 184) 5 715 (6 921) Pension benefits - plan asset of funded obligation 34.2 (6 699) (6 115) (5 470) (963) (7 062) 7 507 Net movement on asset limitation and reimbursive right ​ ​ 396 357 232 1 863 312 601 ​ ​ ​ 2 073 1 897 2 302 (2 415) (834) 147
Schedule of actuarial valuations	​ ​ ​ ​ ​ ​ ​ Healthcare benefits Pension benefits Last actuarial valuation — South Africa 31 March 2022 31 March 2022 Last actuarial valuation — United States of America 30 June 2022 30 June 2022 Last actuarial valuation — Europe n/a 30 April 2022 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 ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 at valuation date ​ % ​ % ​ % ​ % ​ % ​ % Healthcare cost inflation 7,5 7,5 n/a * n/a * n/a n/a Discount rate — post-retirement medical benefits 12,4 11,6 4,3 2,7 n/a n/a Discount rate — pension benefits 12,4 11,1 4,2 2,0 2,5 ​ 1,2 Pension increase assumption 5,1 5,2 n/a ** n/a ** 2,2 1,8 Average salary increases 5,5 ​ 5,5 ​ 4,2 4,2 3,2 2,8 Weighted average duration of the obligation — post-retirement medical obligation 14 years 13 years 10 years 12 years n/a n/a Weighted average duration of the obligation — pension obligation 12 years 12 years 4 years ​ 7 years 16 years 18 years ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ * 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. Assumptions regarding future mortality are based on published statistics and mortality tables. 34.1 Post-retirement healthcare obligations
Healthcare
Post-retirement benefit obligations
Reconciliation of obligation recognised	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa United States of America Total ​ ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June ​ ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm Total post-retirement healthcare obligation at beginning of year ​ 3 456 2 992 257 385 3 713 3 377 Movements recognised in the income statement: ​ 421 413 21 (6) 442 407 current service cost ​ 30 26 14 18 44 44 interest cost ​ 391 387 7 7 398 394 curtailments and settlements ​ — — — (31) — (31) Actuarial (gains)/losses recognised in other comprehensive income: ​ (91) 237 (40) (36) (131) 201 arising from changes in financial assumptions ​ (284) 539 (41) (12) (325) 527 arising from changes in actuarial experience ​ 193 (302) 1 (24) 194 (326) Benefits paid ​ (230) (186) (22) (23) (252) (209) Translation of foreign operations ​ — — 32 (63) 32 (63) Total post-retirement healthcare obligation at end of year ​ 3 556 3 456 248 257 3 804 3 713
Schedule of sensitivity analysis for actuarial assumptions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa United States of America ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June ​ Rm ​ Rm ​ Rm ​ Rm 1% point change in actuarial assumptions: ​ Increase in the healthcare cost inflation 387 411 — * — * Decrease in the healthcare cost inflation (325) (344) — * — * Increase in the discount rate (309) (329) (21) (25) ​ Decrease in the discount rate 373 399 28 34 ​ * 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 ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Rm Rm Rm Rm Projected benefit obligation at beginning of year ​ 57 054 47 228 13 268 16 321 70 322 63 549 ​ Movements recognised in income statement: ​ 7 326 6 571 608 677 7 934 7 248 ​ current service cost ​ 1 115 923 434 579 1 549 1 502 ​ curtailments and settlements ​ — — — (129) — (129) ​ interest cost ​ 6 211 5 648 174 227 6 385 5 875 ​ Actuarial (gains)/losses recognised in other comprehensive income: ​ (533) 6 093 (2 651) (378) (3 184) 5 715 ​ arising from changes in demographic assumptions ​ — — — (1) — (1) ​ arising from changes in financial assumptions ​ (2 133) 303 (2 654) (452) (4 787) (149) ​ arising from change in actuarial experience ​ 1 600 5 790 3 75 1 603 5 865 ​ Member contributions ​ 536 503 — — 536 503 ​ Benefits paid ​ (3 905) (3 341) (496) (1 070) (4 401) (4 411) ​ Disposal of business 1 ​ ​ — ​ — ​ (1 223) ​ — ​ (1 223) ​ — ​ Translation of foreign operations ​ — — 524 (2 282) 524 (2 282) ​ Projected benefit obligation at end of year ​ 60 478 57 054 10 030 13 268 70 508 70 322 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ unfunded obligation 2 ​ — — 6 812 10 028 6 812 10 028 ​ funded obligation ​ 60 478 57 054 3 218 3 240 63 696 60 294 ​ 1 Relates to the disposal of Sasol's European wax business in Germany. 2 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 R135 million (2021 – R218 million). A decrease of R88 million (2021 – increase of R22 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 ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Rm Rm 1% point change in actuarial assumptions ​ Increase in average salaries increase assumption 6 9 312 470 ​ Decrease in average salaries increase assumption (6) (8) (271) (446) ​ Increase in the discount rate (1 161) (1 474) (1 199) (1 833) ​ Decrease in the discount rate 1 364 1 748 1 507 2 360 ​ Increase in the pension increase assumption 1 453 1 821 929 * 1 353 * Decrease in the pension increase assumption (1 261) (1 566) (737) * (1 102) * * 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 ​ 2022 ​ 2021 ​ 2022 ​ 2021 at 30 June ​ % ​ % ​ % ​ % Equities ​ ​ 55 ​ 54 ​ 35 ​ 30 resources ​ 7 7 5 4 industrials ​ 3 2 4 3 consumer discretionary ​ 9 11 4 4 consumer staples ​ 7 9 2 2 healthcare ​ 5 5 4 4 information technologies ​ 8 6 8 6 telecommunications ​ 4 4 3 2 financials (ex real estate) ​ 12 10 5 5 Fixed interest ​ 18 16 40 50 Direct property ​ 10 11 9 6 Listed property ​ 3 2 — — Cash and cash equivalents ​ 2 4 — — Third party managed assets ​ 11 12 — — Other ​ 1 1 16 14 Total ​ 100 100 100 100 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa¹ ​ United States of America ​ ​ Minimum ​ Maximum ​ Minimum ​ Maximum Asset classes % ​ % ​ % ​ % Equities local 25 35 — 100 foreign 25 35 — 100 Fixed interest 10 25 — 100 Property 10 20 — 100 Other — 15 — 100 1 Members of the defined contribution scheme have a choice of four investment portfolios. The total assets of the fund under these investment portfolios are R 216 million, R 64 656 million, R 1 269 million and R 919 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 targeted allocation disclosed represents the moderate balanced investment portfolio which the majority of the members of the scheme have adopted. The South African targeted allocation was updated to incorporate the higher permissible foreign asset allocation, by raising the foreign equity allocation to a range of 25 - 35% from 15 - 30% (the mid-point effectively increases by 7,5 percentage points) and reducing the local equity allocation commensurately.
Schedule of net defined benefit liability (asset)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ Foreign ​ Total ​ 2022 2021 2022 2021 2022 2021 ​ for the year ended 30 June ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Rm ​ Projected benefit obligation (funded) ​ ​ 60 478 ​ 57 054 ​ 3 218 ​ 3 240 ​ 63 696 ​ 60 294 ​ defined benefit portion ​ 29 569 25 119 3 218 3 240 32 787 28 359 ​ defined benefit option for defined contribution members ​ 30 909 31 935 — — 30 909 31 935 ​ Plan assets ​ (66 284) (60 671) (3 787) (3 732) (70 071) (64 403) ​ defined benefit portion ​ (35 375) (28 736) (3 787) (3 732) (39 162) (32 468) ​ defined benefit option for defined contribution members ​ (30 909) (31 935) — — (30 909) (31 935) ​ Projected benefit obligation (unfunded) ​ — — 6 812 10 028 6 812 10 028 ​ Asset not recognised due to asset limitation ​ 5 742 3 571 — — 5 742 3 571 ​ Net liability/(asset) recognised ​ (64) (46) 6 243 9 536 6 179 9 490 ​
Schedule of reconciliation of plan assets of funded obligation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ South Africa ​ Foreign ​ Total ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ 2022 ​ 2021 for the year ended 30 June Rm Rm Rm Rm Rm Rm Fair value of plan assets at beginning of year ​ 60 671 50 618 3 732 4 502 64 403 55 120 ​ Movements recognised in income statement: ​ 6 610 6 035 89 80 6 699 6 115 ​ interest income ​ 6 610 6 035 89 80 6 699 6 115 ​ Actuarial gains/(losses) recognised in other comprehensive income: ​ 1 200 6 303 (237) 759 963 7 062 ​ arising from return on plan assets ​ 1 200 6 303 (237) 759 963 7 062 ​ (excluding interest income) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Plan participant contributions 1 ​ 536 503 — — 536 503 ​ Employer contributions 1 ​ 1 172 553 27 53 1 199 606 ​ Benefit payments ​ (3 905) (3 341) (312) (869) (4 217) (4 210) ​ Translation of foreign operations ​ — — 488 (793) 488 (793) ​ Fair value of plan assets at end of year ​ 66 284 60 671 3 787 3 732 70 071 64 403 ​ Actual return on plan assets ​ 7 810 12 338 (148) 839 7 662 13 177 ​ 1 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 1 209 29

Share-based payment reserve (Ta

Share-based payment reserve (Tables)	12 Months Ended
	Jun. 30, 2022
Share-based payment transaction
Schedule of share-based payment expense	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ 2020 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: ​ ​ Long-term incentives 35.1 ​ 1 001 1 042 878 ​ Sasol Khanyisa Employee Share Ownership Plan (ESOP) ​ 35.2 ​ ​ 163 ​ 885 ​ 1 068 ​ Tier 1 — Eligible Inzalo participants ​ ​ — 567 642 ​ Tier 2 — Qualifying employees ​ ​ 163 318 426 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity-settled — recognised directly in equity ​ ​ 1 164 1 927 1 946 ​
Sasol 2016 Long-term Incentive plan
Share-based payment transaction
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 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 LTIs granted 3 822 529 246,26 LTIs exercised (1 488 900) 461,96 Effect of CPTs and LTIs forfeited (1 544 102) 351,79 Balance at 30 June 2022* 14 262 197 222,16 * The incentives outstanding as at 30 June 2022 have a weighted average remaining vesting period of 1,4
Schedule of weighted average market price	​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 for year ended 30 June Rand Rand Average weighted market price of LTIs vested 230,48 134,25
Schedule of the assumptions used to calculate the average fair value of options granted	​ ​ ​ ​ ​ ​ ​ ​ Average fair value of incentives granted ​ 2022 2021 Model ​ ​ Monte-Carlo Monte-Carlo Risk-free interest rate — Rand (%) 4,96 – 7,28 3,99 – 5,90 Risk-free interest rate — US$ (%) 0,32 – 1,45 0,17 – 0,28 Expected volatility (%) 78,67 98,34 Expected dividend yield (%) 2,90 3,49 Expected forfeiture rate (%) 5 5 Expected vesting percentage ​ (%) ​ 97,27 ​ 97,42 Vesting period — top management ​ ​ 3 / 5 years 3/5 years Vesting period — all other participants ​ ​ 3 Years 3 years

Related party transactions (Tab

Related party transactions (Tables)	12 Months Ended
	Jun. 30, 2022
Related party transactions
Schedule of material related party transactions	​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 2020 for the year ended 30 June ​ Rm ​ Rm ​ Rm Sales and services rendered from subsidiaries to related parties ​ ​ ​ ​ ​ ​ Joint ventures 2 737 2 635 672 Purchases by subsidiaries from related parties Joint ventures 4 8 691 Associates 153 100 78 ​ 157 108 769
Schedule of key management remuneration	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Retirement Other Annual ​ Total Total Total ​ ​ Salary ​ funding ​ benefits ​ incentives 2 ​ 2022 1 ​ 2021 1 ​ 2020 1 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 EXECUTIVE DIRECTORS 26 980 764 2 948 22 691 ​ 53 383 65 493 22 944 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 2022 financial year and payable in the 2023 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2022 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 2022, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Long-term ​ ​ ​ ​ ​ ​ ​ ​ incentive ​ Total ​ Total ​ Total ​ ​ rights vested 1 ​ 2022 ​ 2021 ​ 2020 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 EXECUTIVE DIRECTORS 30 850 30 850 4 824 2 657 1 Long-term incentives for the 2022 financial year represent incentives approved on the group results for theperformance period ended 30 June 2022, settled in the 2023 financial year. ​ 37 Related party transactions continued 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 ​ 2022 1 ​ 2021 1 ​ 2020 1 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 PRESCRIBED OFFICERS 38 060 ​ 5 312 16 751 ​ 28 349 88 472 92 817 52 142 Number of Prescribed Officers ​ ​ 8 7 6 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 2022 financial year and payable in the 2023 financial year. Incentives are calculated as a percentage of total guaranteed package/base salary as at 30 June 2022 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 ​ 2022 ​ 2021 ​ 2020 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 PRESCRIBED OFFICERS 50 512 50 512 6 735 4 201 1 Long-term incentives for the 2022 financial year represent incentives approved on the group results for the performance period ended 30 June 2022, settled in the 2023 financial year. The total IFRS2 charge for LTI’s awarded to the Executive Directors and the Prescribed Officers in 2022 amounted to R14 million and R32 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 ​ 2022 ​ 2021 ​ 2020 ​ ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 ​ R’000 Non-executive Directors ​ 22 787 758 6 861 ​ — 30 406 33 540 39 743

Financial risk management and_2

Financial risk management and financial instruments (Tables)	12 Months Ended
	Jun. 30, 2022
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 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial assets ​ Investments in listed securities ​ ​ — — ​ 480 — 480 Investments in unlisted securities ​ ​ — — ​ 13 — 13 Long-term restricted cash**** ​ ​ — — ​ — 1 531 1 531 * Long-term receivables 20 — — ​ — 3 023 3 023 Long- and short-term financial assets ​ ​ 868 — ​ — — 868 Trade and other receivables*** 25 — — ​ — 38 936 38 936 ** Cash and cash equivalents 28 — — ​ — 43 140 43 140 * Financial liabilities ​ ​ Listed long-term debt (Bonds issued) + 16 — — ​ — 78 076 71 667 Unlisted long-term debt + 16 — — ​ — 26 758 26 824 Lease liabilities 17 — — ​ — 16 034 ​ Short-term debt and bank overdraft ​ ​ — — ​ — 255 255 ** Long- and short-term financial liabilities ​ ​ 7 127 — ​ — — 7 127 Trade and other payables 26 — — ​ — 39 873 39 873 ** ​ ​ 39 Financial risk management and financial instruments continued ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 Long-term restricted cash ​ ​ — — ​ — 1 422 1 422 * Long-term receivables 20 — — ​ — 3 879 3 879 Long- and short-term financial assets ​ ​ 2 323 — ​ — — 2 323 Trade and other receivables*** 25 — — ​ — 27 140 27 140 ** Cash and cash equivalents 28 — — ​ — 31 231 31 231 * Financial liabilities ​ ​ Listed long-term debt (Bonds issued) + 16 — — ​ — 68 405 72 226 Unlisted long-term debt + 16 — — ​ — 34 238 34 274 Lease liabilities 17 — — ​ — 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 26 — — ​ — 23 289 23 289 ** * The fair value of cash and cash equivalents is equal to their carrying value. ** 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. ****Long-term restricted cash is disclosed as part of Other long-term investments on the Statement of financial position. + 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 2022 Long-term receivables — — 41 41 44 85 Trade receivables — 30 101 131 — 131 Other receivables 1 — 272 273 58 331 ​ 1 30 414 445 102 547 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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
Schedule of credit risk profile of financial assets at amortised cost	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 ​ ​ ​ ​ ​ ​ CCC+ and – ​ ​ ​ ​ ​ CCC+ and – ​ ​ AAA to A- ​ BBB to B- ​ below ​ AAA to A- ​ BBB to B- ​ below ​ ​ % % % ​ % % % Long-term receivables 51 ​ 43 ​ 6 58 ​ 39 ​ 3 Trade receivables 73 ​ 24 ​ 3 72 ​ 25 ​ 3 Other receivables ​ 83 ​ 15 ​ 2 ​ 68 ​ 27 ​ 5 Cash and cash equivalents* 18 ​ 81 ​ 1 21 ​ 79 ​ —
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 2022 ​ ​ Financial assets ​ ​ Non-derivative instruments ​ ​ Long-term receivables 20 3 316 — 1 447 ​ 777 1 092 Trade and other receivables 25 38 936 38 936 — ​ — — Cash and cash equivalents 28 43 141 43 141 — ​ — — Investments through other comprehensive income 493 493 — ​ — — Long-term restricted cash 1 531 — — ​ — 1 531 ​ ​ ​ 87 417 82 570 1 447 ​ 777 2 623 Derivative instruments ​ ​ Foreign exchange contracts 9 005 ​ 9 005 ​ — ​ — — Crude oil futures 25 ​ 25 ​ — ​ — — Foreign exchange zero cost collars ​ ​ ​ 76 ​ 76 ​ — ​ — ​ — Crude oil zero cost collars ​ ​ ​ 17 ​ 17 ​ — ​ — ​ — Other commodity derivatives 61 ​ 61 ​ — ​ — — Other currency derivatives ​ ​ ​ 1 236 ​ 69 ​ 135 ​ 142 ​ 890 ​ ​ ​ 97 837 91 823 1 582 ​ 919 3 513 Financial liabilities ​ ​ Non-derivative instruments ​ ​ Long-term debt 16 (123 107) (25 980) (51 730) ​ (14 527) (30 870) Lease liabilities 17 (27 107) (2 671) (4 291) ​ (3 063) (17 082) Short-term debt 18 (82) (82) — ​ — — Trade and other payables 26 (33 262) (33 262) — ​ — — Bank overdraft 28 (173) (173) — ​ — — ​ ​ ​ (183 731) (62 168) (56 021) ​ (17 590) (47 952) Derivative instruments ​ ​ ​ Foreign exchange contracts (8 986) (8 986) — ​ — — Foreign exchange zero cost collars ​ ​ ​ (454) ​ (454) ​ — ​ — ​ — Crude oil zero cost collar (6 176) (6 176) — ​ — — Coal swap options (112) (112) — ​ — — Other currency derivatives (1 850) (6) — ​ — (1 844) Other commodity derivatives (53) (53) — ​ — — ​ ​ ​ (201 362) (77 955) (56 021) ​ (17 590) (49 796) * Contractual cash flows include interest payments. The shortfall beyond one year will be funded through cash generated from operations, utilisation of available facilities and the refinancing of existing debt. ​ 39 Financial risk management and financial instruments continued ​ 39.1 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 2021 ​ ​ Financial assets ​ ​ Non-derivative instruments ​ ​ Long-term receivables 20 3 970 — 1 098 ​ 908 1 964 Trade and other receivables 25 27 140 27 140 — ​ — — Cash and cash equivalents 28 31 231 31 231 — ​ — — Investments through other comprehensive income 474 474 — ​ — — Long-term restricted cash 1 422 — — ​ — 1 422 ​ ​ ​ 64 237 58 845 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 ​ ​ ​ 75 494 68 482 1 329 ​ 1 149 4 534 Financial liabilities ​ ​ Non-derivative instruments ​ ​ Long-term debt 16 (119 921) (8 997) (66 190) ​ (6 698) (38 036) Lease liabilities 17 (31 679) (2 997) (5 067) ​ (4 226) (19 389) Short-term debt 18 (60) (60) — ​ — — Trade and other payables 26 (23 289) (23 289) — ​ — — Bank overdraft 28 (243) (243) — ​ — — Financial guarantees** (313) (313) — ​ — — ​ ​ ​ (175 505) (35 899) (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) — ​ — — ​ ​ ​ (193 711) (47 117) (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.
Schedule of foreign exchange rates	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average rate ​ Closing rate ​ 2022 2021 2022 2021 ​ ​ Rand ​ Rand ​ Rand ​ Rand Rand/Euro 17,15 18,38 17,07 16,93 Rand/US dollar 15,21 15,40 16,28 14,28
Summary of interest rate profile of interest-bearing financial instruments including the effect of the interest rate swap	​ ​ ​ ​ ​ ​ ​ ​ Carrying value ​ ​ 2022 ​ 2021 ​ Rm Rm Variable rate instruments Financial assets 40 250 30 062 Financial liabilities* (26 094) (7 898) ​ 14 156 22 164 Fixed rate instruments ​ ​ Financial assets 7 121 1 788 Financial liabilities (78 913) (110 803) ​ (71 792) (109 015) Interest profile (variable: fixed rate as a percentage of total financial assets) 85 : 15 94:6 Interest profile (variable: fixed rate as a percentage of total financial liabilities) 25 : 75 7:93 * The increase in variable exposure is due to the termination of the USD1,7 billion interest rate swap which previously converted a portion of the group's variable debt to fixed debt.
Schedule of derivative transactions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial ​ Financial ​ Financial ​ Financial ​ ​ ​ ​ ​ ​ ​ ​ asset ​ liability ​ asset ​ liability ​ Income statement gain/(loss) ​ 2022 2022 2021 2021 ​ 2022 ​ 2021 ​ 2020 ​ Rm Rm Rm Rm Rm Rm Rm Derivative financial instruments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap options — — — ​ (2 103) ​ 1 029 ​ (37) ​ (101) Crude oil put options ​ — ​ — ​ 46 ​ (46) ​ — ​ (1 545) ​ (153) Crude oil zero cost collars ​ 17 ​ (6 176) ​ — ​ (1 126) ​ (11 349) ​ (1 871) ​ (157) Crude oil swap options ​ — ​ — ​ — ​ (1 175) ​ (5 140) ​ (1 267) ​ (160) Crude oil futures ​ 25 ​ — ​ — ​ (20) ​ (1 049) ​ (774) ​ 538 Ethane swap options ​ — ​ — ​ 156 ​ — ​ 279 ​ 680 ​ (732) Coal swap options ​ — ​ (112) ​ — ​ — ​ 691 ​ — ​ — Other commodity derivatives ​ 61 ​ (53) ​ 9 ​ (49) ​ (593) ​ — ​ — Foreign exchange contracts ​ 68 ​ (50) ​ 75 ​ (40) ​ (677) ​ 1 011 ​ (372) Foreign exchange zero cost collars 76 (454) 1 150 ​ – ​ (1 580) ​ 4 027 ​ (4 298) Other foreign exchange derivatives* ​ 621 ​ (282) ​ 887 ​ (514) ​ 64 ​ 2 058 ​ (1 562) ​ 868 ​ (7 127) ​ 2 323 ​ (5 073) ​ (18 325) ​ 2 282 ​ (6 997) Non-derivative financial instruments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial guarantees ​ — ​ — ​ — ​ (100) ​ ​ ​ ​ ​ ​ ​ ​ 868 ​ (7 127) ​ 2 323 ​ (5 173) ​ ​ ​ ​ ​ ​ * 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 ​ ​ ​ 2022 ​ 2022 ​ 2021 ​ 2021 ​ ​ ​ 2022 ​ 2022 ​ 2021 ​ 2021 ​ ​ ​ Million Million Million Million ​ ​ ​ ​ ​ Derivatives financial instruments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Crude oil put options purchased*** ​ barrels ​ — ​ 10,0 ​ 10,0 ​ (32,5) ​ US$/bbl ​ — ​ — ​ 40,5 ​ — Crude oil put options sold ​ barrels ​ — ​ 10,0 ​ (10,0) ​ — ​ US$/bbl ​ — ​ — ​ 43,2 ​ — Crude oil zero cost collars ​ barrels 29,0 24,0 ​ 24,0 ​ 5,1 ​ US$/bbl ​ 63,3 ​ 96,6 ​ 60,1 ​ 72,0 Crude oil swap options ​ barrels ​ — ​ 18,0 ​ 18,0 ​ — ​ US$/bbl ​ — ​ ​ ​ 67,2 ​ ​ Crude oil futures ​ US$ 1 29 ​ 108 ​ — ​ US$/bbl ​ 109,9 ​ ​ ​ 73,6 ​ ​ Ethane swap options ​ barrels — 4,0 ​ 4,0 ​ 26,2 ​ US$ c/gal ​ — ​ — ​ 23,2 ​ — Coal swaps ​ ton ​ 0,4 ​ 1,0 ​ — ​ — ​ US$/ton ​ 293,7 ​ — ​ — ​ — Foreign exchange contracts ​ US$ 334 — ​ 143 ​ — ​ R/US$ ​ 16,24 ​ ​ ​ 14,66 ​ ​ Foreign exchange contracts ​ EUR ​ 70 ​ — ​ 100 ​ — ​ US$/EUR ​ 1,07 ​ ​ ​ 1,20 ​ ​ Foreign exchange zero cost collars ​ US$ 4 400 3 900 ​ 2 800 ​ 5 370 ​ R/US$ ​ 15,04 ​ 18,06 ​ 14,54 ​ 17,52 * 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$nil million (2021: US$93,8 million).
Schedule of assets and liabilities measured at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value Fair value ​ ​ Fair value ​ ​ 30 June ​ 30 June ​ ​ ​ ​ ​ hierarchy Financial instrument ​ 2022 ​ 2021 ​ Valuation method ​ Significant inputs ​ of inputs Financial assets Non-derivative instruments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investments in listed securities 480 466 Quoted market price for the same instrument Quoted market price for the same instrument Level 1 Investments in unlisted securities 13 8 ​ 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 Long-term restricted cash 1 531 1 422 ² ² Level 1² Long-term receivables 3 023 3 879 ​ Discounted cash flow Market related interest rates. Level 3 Derivative instruments ​ ​ ​ ​ ​ Commodity and currency derivative assets ​ 247 ​ 1 436 ​ 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, crude oil prices ​ Level 2 Embedded derivative³ 621 887 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, interpolated EUR/ZAR forward rate Level 3 Trade and other receivables ​ 38 936 ​ 27 140 ​ Discounted cash flow ​ Market related interest rates. ​ Level 3¹ Cash and cash equivalents 43 140 31 231 ² ² Level 1² Financial liabilities ​ ​ ​ ​ ​ ​ Non-derivative instruments ​ ​ ​ ​ Listed long-term debt ​ 71 667 ​ 72 226 ​ Quoted market price for the same instrument ​ Quoted market price for the same instrument ​ Level 1 Unlisted long-term debt 26 824 34 274 Discounted cash flow Market related interest rates Level 3 Short-term debt and bank overdraft 255 303 Discounted cash flow Market related interest rates Level 3¹ Trade and other payables 39 873 23 289 Discounted cash flow Market related interest rates Level 3¹ Derivative instruments ​ ​ ​ ​ ​ Commodity and currency derivative liabilities ​ 6 845 ​ 2 456 ​ 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 Discounted net cash flows, using a swap curve to infer the future floating cash flows US$ Overnight Indexed Swap (OIS) curve, recovery probabilities Level 2 Embedded derivatives³ ​ 282 ​ 514 ​ 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 ​ ​ ​ ​ Ethane price ​ Crude oil price ​ Rand/US$* ​ curve** ​ ​ +USD 2 -USD 2 +USD 2 / -USD 2 / ​ ​ ​ 30 JUNE 2022 ​ ​ ​ c/gal ​ c/gal ​ bbl ​ bbl ​ +R 1 /US$ ​ -R 1 /US$ ​ - 0,5 % Foreign exchange zero cost collars Rm ​ ​ ​ ​ (1 511) 1 511 ​ Crude oil zero-cost collar ​ Rm ​ ​ (672) 672 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ US$ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Libor ​ ​ ​ ​ Ethane price ​ Crude oil price ​ Rand/US$* ​ curve** ​ ​ +USD 2 -USD 2 +USD 2/ -USD 2/ ​ ​ ​ 30 June 2021 ​ ​ ​ c/gal ​ c/gal ​ bbl ​ bbl ​ +R1/US$ ​ -R1/US$ ​ -0,5% Crude oil put options Rm ​ ​ ​ ​ ​ (385) ​ 385 ​ ​ ​ ​ ​ ​ Ethane swap options Rm ​ 14 ​ (14) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Foreign exchange zero cost collars Rm ​ ​ ​ ​ ​ ​ ​ ​ ​ (1 702) ​ 1 702 ​ ​ Crude oil zero-cost collar Rm ​ ​ ​ ​ ​ (382) ​ 382 ​ ​ ​ ​ ​ ​ Interest rate swap Rm ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 559 * 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 R1,78/US$, up to the cap of R18,06, before losses are incurred on the derivatives. ** Sensitivities on the downward shift has been limited by the low US$ Libor at 30 June 2021.
Sensitivity analysis of embedded derivative transactions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ US$/Rand Spot price ​ US$ Swap curve ​ Rand Swap curve 30 JUNE 2022 ​ +R 1 /US$ -R 1 /US$ +0,1% -0,1% +1,0% -1,0% Synfuels oxygen supply contract embedded derivative ​ Rm (513) 513 86 (87) (786) 911 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ US$/Rand Spot price ​ US$ Swap curve ​ Rand Swap curve 30 JUNE 2021 ​ +R1/US$ -R1/US$ +0,1% -0,1% +1,0% -1,0% Synfuels oxygen supply contract embedded derivative ​ Rm ​ (601) ​ 601 ​ 98 ​ (99) ​ (825) ​ 955
Foreign currency risk
Financial risk management and financial instruments
Schedules of information related to foreign currency risk and commodity price risk	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ Euro US dollar Euro US dollar ​ Rm ​ Rm Rm ​ Rm Long-term receivables — 336 — 323 Trade and other receivables* 739 4 961 831 2 265 Cash and cash equivalents* 2 158 3 359 1 895 1 121 Net exposure on assets 2 897 8 656 2 726 3 709 Trade and other payables** (166) (4 552) (296) (1 523) Net exposure on liabilities (166) (4 552) (296) (1 523) Exposure on external balances 2 731 4 104 2 430 2 186 Net exposure on balances between group companies*** 523 8 286 (2 559) (8 064) Total net exposure 3 254 12 390 (129) (5 878) * The US$ increase relates to proceeds generated through exports from South Africa. ** The US$ increase is due to purchases of crude oil at higher prices. *** The US$ movement results from a significant repayment of the loan provided by Sasol Financing International to Sasol Investment Company for the partial funding of the LCCP as well as export proceeds deposited with Sasol Financing International (Group treasury company), which is also the main reason for the Euro movement.
Schedule of sensitivity analysis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ ​ Euro ​ US Dollar ​ Euro ​ US Dollar ​ Rm Rm Rm Rm Equity 325 1 239 (13) (511) Income statement 325 1 239 (13) (511)
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 2022 257 22 (153) 16 30 June 2021 166 19 25 12 * A decrease of 1% in interest rates for 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 0%.
Schedule of information about cash flow hedges	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 Carrying value included in short and long-term financial liabilities Rm — ​ 2 103 Fair value gain/(loss) recognised in other comprehensive income Rm 1 818 ​ (1 072) Amount recognised in other operating expenses 1 Rm 1 029 ​ 89 Balance of hedge reserve – continuing hedge relationships Rm ​ — ​ (801) Balance of hedge reserve – discontinued hedge relationships Rm — ​ (106) Nominal amount Rm ​ — ​ 1 751 Expiry ​ — ​ December 2026 Average fixed rate ​ % 2,82 ​ 2,82 Hedge ratio ​ 1 :1 ​ 1:1 Fair value gain of continuing hedging instruments used as the basis for recognising hedge ineffectiveness US$m 120 ​ 32 Fair value gain of hedged item used as the basis for recognising hedge ineffectiveness US$m 121 ​ 38 1 Includes an amount of R1,1 billion reclassified from the cash flow hedge reserve to profit or loss upon termination of the interest rate swap.
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 ​ ​ 2022 ​ 2021 ​ ​ US$ ​ US$ High ​ 137,64 ​ 76,44 Average 92,06 54,20 Low 66,17 36,21

Segment information - Segment i

Segment information - Segment information (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Statement
Turnover	R 275,738	R 201,910	R 190,367
Equity accounted profits, net of tax	3,128	814	(347)
Earnings/(loss) before interest and tax (EBIT)	61,417	16,619	(111,926)
Remeasurement items	(9,903)	23,218	111,978
Depreciation and amortisation	14,073	17,644	22,327
Statement of cash flows
Additions to non-current assets	22,713	15,948	35,164
Mining
Income Statement
Turnover	6,370	2,025	1,343
Equity accounted profits, net of tax	(1)	(3)	(2)
Earnings/(loss) before interest and tax (EBIT)	3,456	3,227	2,756
Remeasurement items	228	46	113
Depreciation and amortisation	2,230	2,223	2,080
Statement of cash flows
Additions to non-current assets	2,552	2,704	2,859
Gas
Income Statement
Turnover	7,789	7,321	8,350
Equity accounted profits, net of tax	(4)
Earnings/(loss) before interest and tax (EBIT)	14,622	6,656	5,527
Remeasurement items	(8,499)	(655)	(30)
Depreciation and amortisation	500	1,463	2,002
Statement of cash flows
Additions to non-current assets	2,569	711	1,539
Fuels
Income Statement
Turnover	100,988	59,393	60,816
Equity accounted profits, net of tax	3,043	742	(347)
Earnings/(loss) before interest and tax (EBIT)	27,959	(18,170)	(11,609)
Remeasurement items	217	23,196	11,990
Depreciation and amortisation	1,468	3,401	4,809
Statement of cash flows
Additions to non-current assets	6,325	3,549	5,232
Chemicals Africa
Income Statement
Turnover	64,054	58,260	51,600
Equity accounted profits, net of tax	90	83	21
Earnings/(loss) before interest and tax (EBIT)	24,072	6,957	(17,035)
Remeasurement items	(1,343)	7,889	24,122
Depreciation and amortisation	3,667	4,461	5,649
Statement of cash flows
Additions to non-current assets	7,308	5,508	6,845
Chemicals America
Income Statement
Turnover	41,496	29,358	28,721
Earnings/(loss) before interest and tax (EBIT)	981	8,116	(77,556)
Remeasurement items	2,807	(7,336)	73,166
Depreciation and amortisation	3,917	3,637	5,085
Statement of cash flows
Additions to non-current assets	1,909	1,152	15,654
Chemicals Eurasia
Income Statement
Turnover	55,011	45,539	39,537
Equity accounted profits, net of tax		1
Earnings/(loss) before interest and tax (EBIT)	7,552	4,680	(894)
Remeasurement items	(2,965)	(86)	2,387
Depreciation and amortisation	1,576	1,687	1,821
Statement of cash flows
Additions to non-current assets	1,402	1,796	2,158
Corporate Centre
Income Statement
Turnover	30	14
Equity accounted profits, net of tax		(9)	(19)
Earnings/(loss) before interest and tax (EBIT)	(17,225)	5,153	(13,115)
Remeasurement items	(348)	164	230
Depreciation and amortisation	715	772	881
Statement of cash flows
Additions to non-current assets	648	528	877
Operating segments
Income Statement
Turnover	303,967	229,364	218,001
Operating segments | Mining
Income Statement
Turnover	24,386	21,704	19,891
Operating segments | Gas
Income Statement
Turnover	11,941	10,990	12,419
Operating segments | Fuels
Income Statement
Turnover	102,964	60,649	62,553
Operating segments | Chemicals Africa
Income Statement
Turnover	67,275	60,597	54,310
Operating segments | Chemicals America
Income Statement
Turnover	41,926	29,360	28,809
Operating segments | Chemicals Eurasia
Income Statement
Turnover	55,419	46,038	39,989
Operating segments | Corporate Centre
Income Statement
Turnover	56	26	30
Intersegmental turnover
Income Statement
Turnover	(28,229)	(27,454)	(27,634)
Intersegmental turnover | Mining
Income Statement
Turnover	(18,016)	(19,679)	(18,548)
Intersegmental turnover | Gas
Income Statement
Turnover	(4,152)	(3,669)	(4,069)
Intersegmental turnover | Fuels
Income Statement
Turnover	(1,976)	(1,256)	(1,737)
Intersegmental turnover | Chemicals Africa
Income Statement
Turnover	(3,221)	(2,337)	(2,710)
Intersegmental turnover | Chemicals America
Income Statement
Turnover	(430)	(2)	(88)
Intersegmental turnover | Chemicals Eurasia
Income Statement
Turnover	(408)	(499)	(452)
Intersegmental turnover | Corporate Centre
Income Statement
Turnover	R (26)	R (12)	R (30)

Segment information - Geographi

Segment information - Geographic segmentation (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of operating segments
Turnover	R 275,738	R 201,910	R 190,367
Earnings/(loss) before interest and tax (EBIT)	61,417	16,619	(111,926)
Tax paid	13,531	5,280	5,659
Non-current assets	255,461	230,477	264,434
South Africa
Disclosure of operating segments
Turnover	133,403	84,844	84,528
Earnings/(loss) before interest and tax (EBIT)	29,305	(7,523)	(37,029)
Tax paid	11,739	6,622	3,138
Non-current assets	90,524	76,070	106,922
Rest of Africa
Disclosure of operating segments
Turnover	9,428	8,853	7,776
Earnings/(loss) before interest and tax (EBIT)	1,985	4,541	1,821
Tax paid	1,032	955	1,607
Non-current assets	15,041	14,116	18,896
United States
Disclosure of operating segments
Turnover	44,080	31,247	28,295
Earnings/(loss) before interest and tax (EBIT)	4,644	9,616	(75,827)
Tax paid	36	(3,340)	20
Non-current assets	123,618	113,088	106,371
Rest of North America
Disclosure of operating segments
Turnover	5,231	4,183	3,758
Earnings/(loss) before interest and tax (EBIT)	5,219	646	(481)
Non-current assets			1,329
Europe
Disclosure of operating segments
Turnover	58,177	48,529	44,280
Earnings/(loss) before interest and tax (EBIT)	12,406	5,354	105
Tax paid	657	997	854
Non-current assets	16,161	16,748	18,948
Other countries
Disclosure of operating segments
Turnover	25,419	24,254	21,730
Earnings/(loss) before interest and tax (EBIT)	7,858	3,985	(515)
Tax paid	67	46	40
Non-current assets	R 10,117	R 10,455	R 11,968

Segment information - Reporting

Segment information - Reporting segments (Details)		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022 item segment
Disclosure of operating segments
Number of distinct businesses | item		2
Number of reportable segments | segment		6
ORYX GTL
Disclosure of operating segments
Interest in joint ventures (as a percent)	49%
Fuels | ORYX GTL
Disclosure of operating segments
Interest in joint ventures (as a percent)	49%
Fuels | South Africa
Disclosure of operating segments
Percentage of supply of fuel	40%	40%

Statement of compliance - Addit

Statement of compliance - Additional Information (Details) - item		1 Months Ended
	Mar. 15, 2022	Sep. 30, 2021	Jul. 31, 2019
Interest rate swap | Cash flow hedge | LIBOR
Disclosure of financial instruments
Number of instruments entered			7
Interest rate swap | Cash flow hedge | SOFR
Disclosure of financial instruments
Number of instruments transitioned	2
Energy and International Chemicals Business
Disclosure of financial instruments
Targeted reduction of scope 1 and 2 emissions by 2030		30%
Energy Business
Disclosure of financial instruments
Targeted reduction of emission from the use of energy products by 2030		20%

Turnover - Turnover (Details)

Turnover - Turnover (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Statement
Revenue from contracts with customers	R 271,947	R 201,100	R 189,568
Revenue from other contracts	3,791	810	799
Total turnover	275,738	201,910	190,367
Other (Technology, refinery services)
Income Statement
Revenue from contracts with customers	2,550	2,288	2,313
Energy Business
Income Statement
Revenue from contracts with customers	108,990	65,676	67,415
Energy Business | Coal
Income Statement
Revenue from contracts with customers	6,370	2,025	1,343
Energy Business | Liquid fuels and crude oil
Income Statement
Revenue from contracts with customers	96,036	58,265	60,119
Energy Business | Gas (methane rich and natural gas) and condensate
Income Statement
Revenue from contracts with customers	6,584	5,386	5,953
Chemicals Business
Income Statement
Revenue from contracts with customers	160,407	133,136	119,840
Chemicals Business | Advanced materials
Income Statement
Revenue from contracts with customers	7,249	7,380	7,200
Chemicals Business | Base chemicals
Income Statement
Revenue from contracts with customers	51,223	45,684	40,262
Chemicals Business | Essential care
Income Statement
Revenue from contracts with customers	62,989	44,314	40,112
Chemicals Business | Performance solutions
Income Statement
Revenue from contracts with customers	38,946	35,758	32,266
Chemicals Africa
Income Statement
Total turnover	R 64,054	R 58,260	R 51,600
Chemicals Africa | Advanced materials
Income Statement
Percentage of product line's revenue	25%	37%	29%
Chemicals Africa | Base chemicals
Income Statement
Percentage of product line's revenue	64%	59%	59%
Chemicals Africa | Performance solutions
Income Statement
Percentage of product line's revenue	71%	75%	75%
Chemicals America
Income Statement
Total turnover	R 41,496	R 29,358	R 28,721
Chemicals America | Base chemicals
Income Statement
Percentage of product line's revenue	36%	33%	29%
Chemicals America | Essential care
Income Statement
Percentage of product line's revenue	30%	30%	30%
Chemicals America | Performance solutions
Income Statement
Percentage of product line's revenue	8%	3%	6%
Chemicals Eurasia
Income Statement
Total turnover	R 55,011	R 45,539	R 39,537
Chemicals Eurasia | Advanced materials
Income Statement
Percentage of product line's revenue	58%	52%	56%
Chemicals Eurasia | Essential care
Income Statement
Percentage of product line's revenue	68%	70%	70%
Chemicals Eurasia | Performance solutions
Income Statement
Percentage of product line's revenue	21%	22%	20%

Materials, energy and consuma_3

Materials, energy and consumables used (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Materials, energy and consumables used
Cost of raw materials	R 103,599	R 71,016	R 78,030
Cost of energy and other consumables used in production process	23,392	14,354	12,079
Materials, energy and consumables used	126,991	85,370	90,109
Carbon tax expense	R 1,100	R 1,200	R 600

Materials, energy and consuma_4

Materials, energy and consumables used - Other commitment (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Purchase commitments
Purchase commitments	R 198,924	R 141,863	R 140,005
ORYX GTL
Purchase commitments
Off-take agreements	2,116	1,748
Oxygen supply agreements for Secunda Operations
Purchase commitments
Off-take agreements	R 86,528	85,013
Air Liquide
Purchase commitments
Agreement term (in years)	15 years
Investment In Republic Of Mozambique Pipeline Investment Company Pty Ltd Rompco [Member]
Purchase commitments
Purchase commitments	R 25,400
Previously reported
Purchase commitments
Purchase commitments		131,992	129,846
Revision
Purchase commitments
Purchase commitments		9,871	10,159
Within one year
Purchase commitments
Purchase commitments	50,642	28,603	23,782
One to five years
Purchase commitments
Purchase commitments	67,042	39,977	36,092
More than five years
Purchase commitments
Purchase commitments	R 81,240	R 73,283	R 80,131

Employee-related expenditure -

Employee-related expenditure - Analysis of employee costs (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Employee-related expenditure
Labour	R 32,141	R 31,683	R 30,266
Salaries, wages and other employee-related expenditure	30,068	29,786	27,964
Post-retirement benefits	2,073	1,897	2,302
Share-based payment expenses	1,139	1,905	1,741
equity-settled	1,164	1,927	1,946
cash-settled	(25)	(22)	(205)
Total employee-related expenditure	33,280	33,588	32,007
Costs capitalised to projects	(825)	(740)	(1,340)
Total employee benefits expense	R 32,455	R 32,848	R 30,667

Employee-related expenditure _2

Employee-related expenditure - Number of employees (Details) - employee	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Number and average number of employees
Permanent employees	28,279	28,725	30,670
Non-permanent employees	351	224	331
Total number of employees	28,630	28,949	31,001

Translation gains_(losses) (Det

Translation gains/(losses) (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Translation gains/(losses)
Trade and other receivables	R 456	R (1,233)	R 1,275
Trade and other payables	147	158	(891)
Foreign currency loans	(785)	6,318	(6,946)
Other	875	267	20
Translation gains/(losses)	R 693	R 5,510	R (6,542)

Other operating expenses and _3

Other operating expenses and income (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Other operating income and expense
Insurance	R 710	R 739	R 681
Computer costs	2,745	2,563	2,469
Hired labour	694	565	844
Audit remuneration	131	136	144
Derivative (gains)/losses (including foreign exchange contracts)	18,325	(2,282)	6,997
Professional fees	1,916	2,828	2,067
Changes in rehabilitation provisions	866	(361)	(2,078)
Expected credit losses (released)/raised	(39)	(87)	418
Other expenses	9,847	10,022	10,738
Other operating income	(3,034)	(2,024)	(1,446)
Total other operating expenses and income	32,161	12,099	20,834
Changes in rehabilitation provisions due to change in discount rates	(46)	(674)	(1,300)
Expense for additional provisions and changes to existing provisions, provision for decommissioning and rehabilitation costs	R 971	R 412	R 695

Net finance costs - Finance inc

Net finance costs - Finance income (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Net finance costs
Dividends received from investments			R 44
Notional interest received	R 29	R 4	102
Interest received	991	852	776
Interest received on other long-term investments	49	40	28
Interest received loans and receivables	141	199	293
Interest income on cash and cash equivalents	801	613	455
Finance income per income statement	1,020	856	922
Less: notional interest	(29)	(4)	(102)
Less: interest received on tax	(5)	(15)	(28)
Finance income per the statement of cash flows	R 986	R 837	R 792

Net finance costs - Finance cos

Net finance costs - Finance costs (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	R 6,871	R 6,810	R 9,743
Amortisation of loan costs	132	160	135
Notional interest	633	668	945
Total finance costs	7,636	7,638	10,823
Amounts capitalised to assets under construction a class of Property, plant and equipment	(740)	(880)	(3,520)
Finance costs per income statement	6,896	6,758	7,303
Total finance costs before amortisation of loan costs and notional interest	6,871	6,810	9,743
Add: modification gain/(loss)	74		(1,193)
Less: interest accrued on long-term debt, lease liabilities and short-term debt	(1,463)	(637)	(1,412)
Less: interest (raised)/reversed on tax payable	(4)		16
Finance costs per the statement of cash flows	5,478	6,173	7,154
Debt and interest rate swap
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	5,419	5,238	8,226
Total finance costs before amortisation of loan costs and notional interest	5,419	5,238	8,226
Secured and unsecured debt
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	5,066	4,855	8,090
Total finance costs before amortisation of loan costs and notional interest	5,066	4,855	8,090
Interest rate swap
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	353	383	136
Total finance costs before amortisation of loan costs and notional interest	353	383	136
Lease liabilities
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	1,357	1,488	1,465
Total finance costs before amortisation of loan costs and notional interest	1,357	1,488	1,465
Other
Disclosure of detailed information about borrowings
Borrowing costs incurred before amortisation of loan costs and notional interest	95	84	52
Total finance costs before amortisation of loan costs and notional interest	R 95	R 84	R 52

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, 2022	Jun. 30, 2021	Jun. 30, 2020
Earnings/(loss) and dividends per share
Basic earnings/(loss) per share (in rand per share)	R 62.34	R 14.57	R (148.49)
Headline earnings/(loss) per share (in rand per share)	47.58	39.53	(11.50)
Diluted earnings/(loss) per share (in rand per share)	61.36	14.39	(148.49)
Diluted headline earnings/(loss) per share (in rand per share)	46.83	R 39.03	R (11.50)
Dividends per share	14.70
Dividends per share- final	R 14.70
Earnings and headline earnings/(loss):
Earnings/(loss) attributable to owners of Sasol Limited	R 38,956	R 9,032	R (91,754)
Total remeasurement items for the group, net of tax	(9,221)	15,471	84,648
Headline earnings/(loss)	R 29,735	R 24,503	R (7,106)
Diluted earnings per share (DEPS) and diluted headline earnings per share (DHEPS)
Weighted average number of shares	624.9	619.9	617.9
Potential dilutive effect of long-term incentive scheme	9.9	3.8	2.6
Potential dilutive effect of Sasol Khanyisa Tier 1	0.1	4.1	1.8
Diluted weighted average number of shares for DEPS and DHEPS	634.9	627.8	622.3

Remeasurement items affecting_3

Remeasurement items affecting operating profit - Remeasurement Items (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Remeasurement items
Impairment loss	R 77	R 34,200	R 112,736
Reversal of impairment loss	(1,520)	(5,468)
(Profit)/loss on disposals	(8,460)	(5,520)	(715)
Write-off of unsuccessful exploration wells		6	(43)
Remeasurement items per income statement	(9,903)	23,218	111,978
Tax impact	702	(7,771)	(26,399)
Tax impact of impairment of assets	(2)	(9,513)	(26,179)
Tax impact of reversal of impairment of assets	421	1,228
Tax impact of profit/loss on disposals and sale and leaseback transactions	283	516	(226)
Tax impact of write-off of unsuccessful exploration wells		(2)	6
Non-controlling interest effect	(20)	1	(931)
Effect of remeasurement items for equity accounted investments		23
Total remeasurement items for the group, net of tax	(9,221)	15,471	84,648
Property, plant and equipment
Remeasurement items
Impairment loss	70	33,973	108,575
Reversal of impairment loss	(1,505)	(5,440)
Property plant and equipment disposed by sale
Remeasurement items
(Profit)/loss on disposals	(67)	(96)	25
Property plant and equipment scrapped
Remeasurement items
(Profit)/loss on disposals	3,366	269	796
Right of use assets
Remeasurement items
Impairment loss	6	35	3,322
Reversal of impairment loss	(15)	(2)
Other intangible assets
Remeasurement items
Impairment loss	1	80	839
Reversal of impairment loss		(26)
(Profit)/loss on disposals	2	(130)
Equity accounted investments
Remeasurement items
Impairment loss		112
Other assets
Remeasurement items
(Profit)/loss on disposals		52	148
Businesses disposed of
Remeasurement items
(Profit)/loss on disposals	(11,850)	R (5,615)	R (1,684)
Sale and leaseback transactions
Remeasurement items
(Profit)/loss on disposals	R 89

Remeasurement Items affecting_4

Remeasurement Items affecting operating profit - Assumptions (Details)	12 Months Ended
	Jun. 30, 2022 R / $ $ / bbl R / T $ / gal $ / kJ	Jun. 30, 2021 R / $ $ / gal R / T $ / bbl $ / kJ	Jun. 30, 2020 R / $ $ / bbl $ / gal R / T $ / kJ
Impairment assumptions
Long-term average crude oil price (Brent) (in USD/bbl)	93.24	70.09	59.69
Long-term average ethane price (in US$/gal) | $ / gal	0.4315	0.3718	0.3279
Long-term average ammonia price (in Rand/ton) | R / T	10,173	5,297	4,664.32
Long-term average refining margin (in US$/bbl)	12.23	9.67	9.43
Long-term average exchange rate (in Rand/US$) | R / $	15.95	14.57	15.20
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) (in US$/Gj) | $ / kJ	0.0894	0.0841	0.0710
Growth rate - long-term Producer Price Index	5.50%	5.50%	5.50%
Weighted average cost of capital	14.41%	14.03%	14.22%
United States
Impairment assumptions
Growth rate - long-term Producer Price Index	2%	2%	2%
Weighted average cost of capital	8.13%	7.70%	7.66%
Europe
Impairment assumptions
Growth rate - long-term Producer Price Index	2%	2%	2%
Europe | Minimum
Impairment assumptions
Weighted average cost of capital	8.13%	7.70%	7.66%
Europe | Maximum
Impairment assumptions
Weighted average cost of capital	9.57%	9.05%	9.79%

Remeasurement items affecting_5

Remeasurement items affecting operating profit - Summary of Significant Impairment of Assets (Details) R in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R)	Jun. 30, 2021 CAD ($)	Jun. 30, 2020 ZAR (R)
Impairment
Impairment loss (reversal of impairment loss)		R 28,732		R 112,736
Other cash-generating units
Impairment
Impairment loss (reversal of impairment loss)		774		2,172
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
Chemicals Africa | South Africa Wax value chain
Impairment
Impairment loss (reversal of impairment loss)		7,863		3,777
Chemicals Africa | Chlor Alkali and PVC
Impairment
Impairment loss (reversal of impairment loss)		1,094
Chemicals Africa | Ammonia value chain
Impairment
Impairment loss (reversal of impairment loss)				2,736
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 (1,400)			R 1,668
Percentage of increase (decrease) in solvent prices				(12.00%)
Chemicals America | US Chemicals assets held for sale (LLDPE & LDPE)
Impairment
Impairment loss (reversal of impairment loss)				R 72,558
Chemicals America | EO/EG
Impairment
Impairment loss (reversal of impairment loss)		(4,934)
Chemicals Eurasia | Wax business
Impairment
Impairment loss (reversal of impairment loss)				R 2,838
Gas | Canadian shale gas assets
Impairment
Impairment loss (reversal of impairment loss)		R (521)	$ (45)

Remeasurement items affecting_6

Remeasurement items affecting operating profit (Details) R in Millions		12 Months Ended
	Jun. 30, 2022 ZAR (R) R / $ $ / bbl	Jun. 30, 2022 ZAR (R) R / $ $ / bbl	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020 ZAR (R)	Dec. 31, 2021 ZAR (R)
Remeasurement items
(Profit)/loss on disposals		R (8,460)	R (5,520)	R (715)
Impairment loss (reversal of impairment loss)			R 28,732	112,736
Targeted reduction of greenhouse gas (GHG) emission by 2030	30%
Chemical Work Up & Heavy Alcohols value chain | Chemicals Africa
Remeasurement items
Impairment loss (reversal of impairment loss)		R (1,400)		1,668
Recoverable amount of the CGU					R 39,500
Weighted average cost of capital			14.03%		13.90%
Secunda liquid fuels refinery | Fuels
Remeasurement items
Impairment loss (reversal of impairment loss)			R 24,456	3,834
Decrease in price of Brent crude oil to eliminate headroom | $ / bbl	(3.70)	(3.70)
Increase in exchange rate | R / $	1	1
Decrease in recoverable amount of CGU due to change in exchange rate	R (18,100)	R (18,100)
Property plant and equipment scrapped
Remeasurement items
(Profit)/loss on disposals		3,366	R 269	R 796
Property plant and equipment scrapped | Assets transferred between Sasol and LIP JV
Remeasurement items
(Profit)/loss on disposals		2,500
Property plant and equipment scrapped | Obsolete and surplus material related to LCCP project
Remeasurement items
(Profit)/loss on disposals		R 398

Disposals and scrapping (Detail

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

1 Months Ended

12 Months Ended

Jun. 30, 2022

Jun. 29, 2022 ZAR (R)

Apr. 28, 2022 ZAR (R)

Apr. 28, 2022 USD ($)

Mar. 01, 2022 ZAR (R)

Jul. 29, 2021 ZAR (R)

Jun. 30, 2021

Jun. 24, 2021 ZAR (R) item

May 04, 2021

May 01, 2021 ZAR (R)

Apr. 30, 2021

Feb. 25, 2021

Dec. 31, 2020 ZAR (R)

Dec. 01, 2020 ZAR (R)

Dec. 01, 2020 USD ($)

Jul. 01, 2020 ZAR (R)

Sep. 30, 2019 ZAR (R)

Dec. 31, 2019 ZAR (R)

Jun. 30, 2022 ZAR (R)

Jun. 30, 2021 ZAR (R)

Jun. 30, 2020 ZAR (R)

Disposal and scrapping

Property, plant and equipment

R 3,802

R 7,064

R 1,431

Goodwill and other intangible assets

2

947

179

Equity accounted investments

370

437

Assets in disposal groups held for sale

16,586

67,662

2,563

Inventories

814

Trade and other receivables

174

Cash and cash equivalents

57

Liabilities in disposal group held for sale

(6,321)

(2,577)

(414)

Long-term debt

(2,673)

Non-controlling interest

(3,141)

Long-term financial liabilities

(477)

Trade and other payables

(67)

175

Carrying value of disposals and scrapping

10,928

71,294

4,371

Total consideration

11,364

73,426

4,285

Consideration received

8,484

43,214

4,285

Consideration still receivable

127

116

Fair value of retained investment

2,753

Establishment of joint operation

30,096

Net loss on disposal before translation effects

436

2,132

(86)

Realisation of accumulated translation effects

8,024

3,388

801

Net profit on disposal

8,460

5,520

715

Enaex Africa (Pty) Ltd

Disposal and scrapping

Interest in associates (as a percent)

23%

23%

49%

Louisiana Integrated Polyethylene JV LLC

Disposal and scrapping

Proportion of ownership interest in joint operation

50%

50%

50%

50%

Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)

Disposal and scrapping

Consideration received

R 4,100

Fair value of retained investment

1,900

Net profit on disposal

R 3,700

Disposal of equity interest (as a percent)

30%

Interest in associates (as a percent)

20%

Maximum contingent consideration receivable on disposal

R 1,000

Fair value of contingent consideration receivable on disposal

R 0

Central Termica de Ressano Garcia S.A. (CTRG)

Disposal and scrapping

Consideration received

R 2,600

$ 163.8

Net profit on disposal

R 156

Canadian shale gas assets

Disposal and scrapping

Realisation of accumulated translation effects

R 4,900

Wax business

Disposal and scrapping

Realisation of accumulated translation effects

R 2,900

Lake Charles Chemicals Project

Disposal and scrapping

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%

50%

Air separation units

Disposal and scrapping

Net profit on disposal

R 2,726

Number of air separation units sold | item

16

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%

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%

Enaex Africa (Pty) Ltd

Disposal and scrapping

Net profit on disposal

R (115)

Disposal of equity interest (as a percent)

26%

Sasol Huntsman GmbH & co KG

Disposal and scrapping

Realisation of accumulated translation effects

R 475

Net profit on disposal

R 936

Disposal of equity interest (as a percent)

50%

Explosives business

Disposal and scrapping

Net profit on disposal

R (46)

Disposal of equity interest (as a percent)

51%

Escravos GTL

Disposal and scrapping

Realisation of accumulated translation effects

268

Net profit on disposal

705

Sasol Wilmar Alcohol Industries

Disposal and scrapping

Realisation of accumulated translation effects

R 56

Net profit on disposal

R 47

Other disposal and scrapping

Disposal and scrapping

Consideration received

1,391

898

678

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

Energy Business | Escravos GTL

Disposal and scrapping

Consideration received

R 875

Gas | Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)

Disposal and scrapping

Consideration received

4,129

Gas | Canadian shale gas assets

Disposal and scrapping

Consideration received

387

Gas | Gabon oil producing assets

Disposal and scrapping

Consideration received

424

Fuels | Central Termica de Ressano Garcia S.A. (CTRG)

Disposal and scrapping

Consideration received

R 2,577

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) R in Millions, $ in Millions		12 Months Ended
	Jun. 29, 2022	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R) shareholder	Jun. 30, 2021 CAD ($)
Disposal groups held for sale
Assets		R 419,548	R 360,743
Reversal of impairment loss		1,520	5,468
Disposal groups held-for-sale
Disposal groups held for sale
Assets		290	10,631
Liabilities		(2)	(3,706)
Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Disposal groups held for sale
Assets			6,085
Liabilities			R (1,771)
Disposal of equity interest (as a percent)	30%
Retained equity interest (in percent)	20%
Percentage of equity interest agreed to be disposed of			30%
Percentage of equity interest to be retained after disposal			20%
Initial consideration agreed for sale of equity interest			R 4,145
Contingent consideration agreed for sale of equity interest			R 1,000
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%
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)
Canadian shale gas assets
Disposal groups held for sale
Assets			1,181
Liabilities			(824)
Reversal of impairment loss			521	$ 45
Other
Disposal groups held for sale
Assets		290	331
Liabilities		R (2)	R (2)

Taxation (Details)

Taxation (Details) - ZAR (R) R in Millions			12 Months Ended
	Jul. 01, 2022	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Geographical areas
Income tax			R 16,231	R 9,509	R 930
Deferred tax			(2,362)	(9,324)
Total tax expense (income)			R 13,869	R 185	R (26,390)
Applicable tax rate			28%	28%	28%
South Africa
Geographical areas
Normal tax			R 13,399	R 7,430	R 2,140
current year			13,303	7,478	2,542
prior years			96	(48)	(402)
Dividend withholding tax			(24)		2
Deferred tax			(2,535)	(9,779)	(9,324)
current year			(2,356)	(9,464)	(9,724)
prior years			(108)	(315)	400
tax rate reduction/change			(71)
Applicable tax rate	27%	28%
Foreign Countries
Geographical areas
Normal tax			2,856	2,079	(1,212)
current year			2,737	2,106	2,242
prior years			119	(27)	(3,454)
Deferred tax			173	455	(17,996)
current year			(132)	339	(20,375)
prior years			306	124	2,375
tax rate reduction/change			R (1)	R (8)	R 4

Taxation - Contingent liability

Taxation - Contingent liability (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Tax contingent liability | Sasol Financing International Limited
Contingent liabilities
Estimated financial effect of contingent liabilities	R 2,650	R 2,580

Taxation - Reconciliation of ef

Taxation - Reconciliation of effective tax rate (Details)							12 Months Ended
	Jun. 29, 2022	Jun. 03, 2021	May 04, 2021	Feb. 25, 2021	Dec. 31, 2020	Dec. 01, 2020	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of average effective tax rate and applicable tax rate
South African normal tax rate							28%	28%	28%
Increase/(decrease) in rate of tax due to - disallowed expenditure							1.10%	11.40%	(1.00%)
Increase/(decrease) in rate of tax due to - disallowed share-based payment expenses							0.10%	2.30%	(0.30%)
Increase/(decrease) in rate of tax due to - different tax rates							0.50%	0.50%	(3.60%)
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							0.80%		(2.00%)
Increase/(decrease) in rate of tax due to - capital gains and losses							1.60%
Increase/(decrease) in rate of tax due to - prior year adjustments							0.70%	(2.20%)	0.90%
Increase/(decrease) in rate of tax due to - other adjustments							0.30%		(0.50%)
(Decrease)/increase in rate of tax due to - exempt income							(5.90%)	(10.00%)	0.70%
(Decrease)/increase in rate of tax due to - share of profits of equity accounted investments							(1.60%)	(2.10%)
(Decrease)/increase in rate of tax due to - utilisation of tax losses							(0.10%)	(20.90%)
(Decrease)/increase in rate of tax due to - investment incentive allowances							(0.10%)	(0.40%)
(Decrease)/increase in rate of tax due to - translation differences							(0.30%)	(1.90%)
(Decrease)/increase in rate of tax due to - capital gains and losses								(1.80%)
(Decrease)/increase in rate of tax due to - change in South African corporate income tax rate							(0.10%)
(Decrease)/increase in rate of tax due to - other adjustments								(1.20%)	0.30%
Effective tax rate							25%	1.70%	22.40%
Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Reconciliation of average effective tax rate and applicable tax rate
Proportion of equity interest disposed of	30%
Lake Charles Chemicals Project
Reconciliation of average effective tax rate and applicable tax rate
Proportion of equity interest disposed of						50%
Gemini HDPE LLC
Reconciliation of average effective tax rate and applicable tax rate
Proportion of equity interest disposed of					50%
Sasol Chevron Holdings Limited
Reconciliation of average effective tax rate and applicable tax rate
Proportion of equity interest disposed of		50%
Etame Marin block offshore Gabon
Reconciliation of average effective tax rate and applicable tax rate
Proportion of equity interest disposed of				27.80%
Block DE-8 offshore Gabon
Reconciliation of average effective tax rate and applicable tax rate
Proportion of equity interest disposed of			40%

Tax paid (Details)

Tax paid (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Tax paid
Net amounts (receivable)/payable at beginning of year	R (307)	R (4,754)	R 309
Disposal of businesses		40
Net interest and penalties on tax	(1)	(17)	(41)
Income tax per income statement	16,231	9,509	930
Reclassification to held for sale	34	(304)	29
Foreign exchange differences recognised in income statement	25	(14)	48
Translation of foreign operations	(41)	513	(370)
Current tax beginning balance and expenses	15,941	4,973	905
Net tax receivable/(payable) at end of year	(2,410)	307	4,754
Tax payable	(3,142)	(806)	(665)
Tax receivable	732	1,113	5,419
Per the statement of cash flows	13,531	5,280	5,659
Dividend withholding tax	(68)		2
Normal tax including dividend withholding tax	13,531	5,280	5,659
South Africa
Tax paid
Normal tax	11,739	6,622	3,131
Foreign Countries
Tax paid
Normal tax	R 1,860	R (1,342)	R 2,526

Deferred tax - Reconciliation (

Deferred tax - Reconciliation (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Reconciliation
Deferred tax liability (asset) at beginning of year	R (16,718)	R (12,511)
Current year charge	(1,572)	(8,956)
Current year charge - per the income statement	(2,362)	(9,324)
Current year charge - per the statement of comprehensive income	790	368
Reclassification from held for sale	665	424
Disposal of investment		(85)
Foreign exchange differences recognised in income statement	23	(103)
Translation of foreign operations	(3,047)	4,513
Deferred tax liability (asset) at end of year	(20,649)	(16,718)
Net deferred tax assets and liabilities
Deferred tax assets	(31,198)	(24,511)
Deferred tax liabilities	10,549	7,793
Deferred tax liabilities	R (20,649)	R (16,718)

Deferred tax - Attributable to

Deferred tax - Attributable to tax jurisdictions (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	R (20,649)	R (16,718)	R (12,511)
South Africa
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	447	3,169
United States
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	(21,462)	(18,556)
Germany
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	1,084	(1,085)
Mozambique
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	(400)	323
Other countries
Disclosure of temporary difference, unused tax losses and unused tax credits
Net deferred tax liabilities	R (318)	R (569)

Deferred tax - Temporary differ

Deferred tax - Temporary differences (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	R (31,198)	R (24,511)
Deferred tax liabilities	10,549	7,793
Property, plant and equipment
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	13,047	6,287
Deferred tax liabilities	17,963	13,392
Right of use assets
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	587	1,024
Deferred tax liabilities	1,617	1,370
Current assets
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax liabilities	(1,376)	(1,124)
Short- and long-term provisions
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(811)	(3,731)
Deferred tax liabilities	(5,676)	(3,948)
Calculated tax losses
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(37,953)	(24,097)
Deferred tax liabilities	(47)	(11)
Financial liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(1,930)	(1,324)
Deferred tax liabilities	206	135
Other temporary differences
Disclosure of temporary difference, unused tax losses and unused tax credits
Deferred tax assets	(4,138)	(2,670)
Deferred tax liabilities	R (2,138)	R (2,021)

Deferred tax - Calculated tax l

Deferred tax - Calculated tax losses (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits
Available for offset against future taxable income	R 164,474	R 105,428
Utilised against deferred tax balance	(160,244)	(102,890)
Not recognised as a deferred tax asset	4,230	R 2,538
Sasol Investment Company (Pty) Ltd
Disclosure of temporary difference, unused tax losses and unused tax credits
Not recognised as a deferred tax asset	R 1,500

Deferred tax - Calculated tax_2

Deferred tax - Calculated tax losses carried forward (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	R 4,230	R 2,538
Within one year
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	167	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	1,085	1,150
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	763	608
Indefinite Life
Disclosure of temporary difference, unused tax losses and unused tax credits
Calculated tax losses carried forward that have not been recognised	R 2,215	R 777

Deferred tax - Unremitted earni

Deferred tax - Unremitted earning (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
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 32,268	R 26,662
Tax effect if remitted	724	455
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	22,788	20,051
Tax effect if remitted	489	277
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	2,580	1,933
Tax effect if remitted	206	155
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	6,900	4,678
Tax effect if remitted	R 29	R 23

Deferred tax - Dividend withhol

Deferred tax - Dividend withholding tax (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Deferred tax
Dividend withholding tax rate	20%
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 138,275	R 99,061
Maximum withholding tax payable by shareholders if distributed to individuals	R 27,655	R 19,812

Share capital - Issued Share Ca

Share capital - Issued Share Capital (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of classes of share capital
Equity	R 193,197	R 152,471	R 155,917	R 223,109
Shares held by Sasol Foundation Trust and Sasol Khanyisa Employee Share Ownership Plan	10,243,580	10,469,584	13,969,621
Share capital
Disclosure of classes of share capital
Equity	R 9,888	R 9,888	R 9,888	R 9,888

Share capital - Authorised, Iss

Share capital - Authorised, Issued, and Held in Reserve (Details) - shares	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of classes of share capital
Shares authorised	1,314,407,571	1,314,407,571	1,314,407,571
Shares issued	635,676,817	634,244,336	632,365,757	631,028,318
Unissued shares	678,730,754	680,163,235	682,041,814
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	629,345,470	627,912,989	626,034,410
Unissued shares	498,345,120	499,777,601	501,656,180
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, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of number of shares outstanding
Shares issued at beginning of year	634,244,336	632,365,757	631,028,318
Issued in terms of employee share schemes	1,432,481	1,878,579	1,337,439
Shares issued at end of year	635,676,817	634,244,336	632,365,757

Long-term debt - Summary (Detai

Long-term debt - Summary (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Long-term debt.
Total long-term debt	R 104,834	R 102,643	R 167,197
Short-term portion	(22,334)	(5,506)
Long-term debt	R 82,500	R 97,137

Long-term debt - Amortised cost

Long-term debt - Amortised cost summary (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Long-term debt
Unamortised loan costs	R (375)	R (439)
Total long-term debt	104,834	102,643	R 167,197
Secured Debt
Long-term debt
Long-term debt, before unamortised costs	67	108
Unsecured debt
Long-term debt
Long-term debt, before unamortised costs	R 105,142	R 102,974

Long-term debt - Reconciliation

Long-term debt - Reconciliation (Details) R in Millions, $ in Millions	1 Months Ended		12 Months Ended
	Mar. 31, 2021 ZAR (R)	Mar. 31, 2021 USD ($)	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R)	Jun. 30, 2021 USD ($)
Long-term debt
Balance at beginning of year			R 102,643	R 167,197
Loans raised			88	26,057
Loans repaid			(12,086)	(61,454)
Interest accrued			936	305
Amortisation of loan costs			132	160
Disposal of business				(2,673)
Transfer to disposal groups held for sale				(939)
Translation of foreign operations			13,121	(26,010)
Balance at end of year			R 104,834	102,643
Bonds issued in March 2021
Long-term debt
Loans raised	R 23,100	$ 1,500
Revolving credit facility | Sasol Financing International Limited
Long-term debt
Loans repaid				(55,400)	$ (3,600)
Term loans | Sasol Financing International Limited
Long-term debt
Loans repaid				R (5,400)	$ (350)

Long-term debt - Interest-beari

Long-term debt - Interest-bearing status (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Interest-bearing status
Interest-bearing debt	R 104,834	R 102,643

Long-term debt - Maturity profi

Long-term debt - Maturity profile (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Maturity profile
Long-term debt	R 104,834	R 102,643	R 167,197
Within one year
Maturity profile
Long-term debt	22,334	5,506
One to five years
Maturity profile
Long-term debt	55,936	64,495
More than five years
Maturity profile
Long-term debt	R 26,564	R 32,642

Long-term debt - Terms (Details

Long-term debt - Terms (Details) R in Millions, $ in Millions			12 Months Ended
	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R)	Jun. 30, 2022 ZAR (R)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 ZAR (R)
Long-term debt
Unamortised loan costs	R (375)	R (439)	R (375)
Long-term debt	104,834	102,643	104,834				R 167,197
Short-term portion	(22,334)	(5,506)	(22,334)
Long-term debt	R 82,500	R 97,137	R 82,500
Sasol Financing International Limited
Long-term debt
Proportion of ownership interest in subsidiary	100%	100%	100%	100%
Sasol Financing USA LLC
Long-term debt
Proportion of ownership interest in subsidiary	100%	100%	100%	100%
Unsecured debt, repayable in August 2022
Long-term debt
Short-term portion	R (2,200)		R (2,200)
Unsecured debt, bond repayable in November 2022
Long-term debt
Short-term portion	(16,000)		(16,000)		$ (1,000)
Secured Debt
Long-term debt
Long-term debt, before unamortised costs	67	R 108	67
Unsecured debt
Long-term debt
Long-term debt, before unamortised costs	105,142	102,974	105,142
Unsecured debt | Unsecured debt various repayment terms ending June 2026
Long-term debt
Long-term debt, before unamortised costs	460	599	460
Unsecured debt | Unsecured debt, various repayment terms
Long-term debt
Long-term debt, before unamortised costs	R 569	588	R 569
Unsecured debt | Unsecured debt, various repayment terms | Fixed
Long-term debt
Interest rate	8%		8%		8%
Unsecured debt | Unsecured debt, repayable in August 2022
Long-term debt
Long-term debt, before unamortised costs	R 2,193	2,191	R 2,193
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 16,375	14,359	R 16,375
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 Limited
Long-term debt
Long-term debt, before unamortised costs	R 16,000		R 16,000		$ 1,000
Unsecured debt | Unsecured debt, bond repayable in November 2022 | Fixed | Sasol Financing International Limited
Long-term debt
Interest rate	4.50%		4.50%		4.50%
Unsecured debt | Unsecured debt, repayable in November 2024 with 2% interest
Long-term debt
Long-term debt, before unamortised costs		R 7,788
Unsecured debt | Unsecured debt, repayable in November 2024 with 2% interest | US Dollar | Variable | SOFR + Credit Adj
Long-term debt
Adjustment to interest rate basis		2%				2%
Unsecured debt | Revolving credit facility, repayable November 2024 | Sasol Financing International Limited
Long-term debt
Long-term debt, before unamortised costs		R 54,200				$ 3,800
Repayments of borrowings			R 5,000	$ 348
Unsecured debt | Unsecured debt, repayable in June 2024 with 2 % interest
Long-term debt
Long-term debt, before unamortised costs	R 2,444	R 2,143	R 2,444
Unsecured debt | Unsecured debt, repayable in June 2024 with 2 % interest | US Dollar | Variable | SOFR + Credit Adj
Long-term debt
Adjustment to interest rate basis	2%		2%		2%
Unsecured debt | Unsecured debt, repayable in June 2024 with 2 % interest | US Dollar | Variable | LIBOR
Long-term debt
Adjustment to interest rate basis		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 20,940	R 20,954	R 20,940
Unsecured debt | Unsecured debt, repayable in June 2024 with 2.00 % interest | US Dollar | Variable | SOFR + Credit Adj
Long-term debt
Adjustment to interest rate basis	2%		2%		2%
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%				2%
Unsecured debt | Term loan, repayable in June 2024
Long-term debt
Long-term debt, before unamortised costs	R 20,900		R 20,900		$ 1,280
Unsecured debt | Revolving credit facility, repayable in June 2024
Long-term debt
Long-term debt, before unamortised costs	2,400		2,400		$ 150
Unsecured debt | Unsecured debt, various repayment terms from March 2024 to March 2031
Long-term debt
Long-term debt, before unamortised costs	R 62,161	R 54,352	R 62,161
Unsecured debt | Unsecured debt, various repayment terms from March 2024 to March 2031 | Fixed | Minimum
Long-term debt
Interest rate	4.40%		4.40%		4.40%
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%
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 62,000		R 62,000		$ 3,800
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%

Long-term debt - Contract Amoun

Long-term debt - Contract Amounts (Details) R in Millions, $ in Millions	1 Months Ended
	Aug. 31, 2019 ZAR (R)	Nov. 30, 2023 USD ($)	Nov. 30, 2022 USD ($)	Jun. 30, 2022 ZAR (R)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 ZAR (R)
Long-term debt
Utilised facilities				R 104,454
Available facilities				60,291
Available cash excluding restricted cash				40,405
Total funds available for use				100,696
Interest accrued on borrowings				1,010
Unamortised loan costs				(375)		R (439)
Total debt (including bank overdraft)				105,089
Long-term debt				82,500		97,137
Short-term debt				22,416
Short-term debt				82		60
Short-term portion				22,334		5,506
Bank overdraft				173		R 243
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				8,150
Available facilities				8,150
Group treasury facilities | Revolving credit facility, repayable in June 2024
Long-term debt
Contract amount				2,442	$ 150
Utilised facilities				2,442
Group treasury facilities | Revolving credit facility, repayable November 2024
Long-term debt
Contract amount		$ 2,075	$ 2,549	46,317	2,845
Available facilities				46,317
Unsecured debt | Term loan, repayable in June 2024
Long-term debt
Contract amount				20,919	1,285
Utilised facilities				20,919
Unsecured debt | US Dollar Bond November 2022
Long-term debt
Contract amount				16,280	1,000
Utilised facilities				16,280
Unsecured debt | US Dollar Bond March 2024
Long-term debt
Contract amount				24,420	1,500
Utilised facilities				24,420
Unsecured debt | US Dollar Bond September 2026
Long-term debt
Contract amount				10,582	650
Utilised facilities				10,582
Unsecured debt | US Dollar Bond September 2028
Long-term debt
Contract amount				12,210	750
Utilised facilities				12,210
Unsecured debt | US Dollar Bond March 2031
Long-term debt
Contract amount				13,838	$ 850
Utilised facilities				13,838
Specific project asset finance | Energy - Clean Fuels II project financing
Long-term debt
Contract amount				875
Utilised facilities				875
Other debt arrangements
Long-term debt
Utilised facilities				R 712

Lease - Right of use assets (De

Lease - Right of use assets (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	R 12,903	R 13,816
Additions to right-of-use assets	1,577	1,899
Modifications and reassessments	(22)	(793)
Acquisition of business		111
Disposal of business		(55)
Reclassification from (to) held for sale	(109)	(44)
Translation of foreign operations	532	497
Terminations	(41)	(178)
Current year depreciation charge	(2,220)	(2,317)
Reversal of impairment of right of use assets (note 9)	9
Net impairment of right of use assets (note 9)		(33)
Carrying amount at end of year	12,629	12,903
Land
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	241	184
Additions to right-of-use assets	1	94
Reclassification from (to) held for sale	(28)
Translation of foreign operations	11	(26)
Current year depreciation charge	(11)	(11)
Reversal of impairment of right of use assets (note 9)	3
Carrying amount at end of year	217	241
Buildings
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	5,153	6,446
Additions to right-of-use assets	674	527
Modifications and reassessments	(5)	(689)
Reclassification from (to) held for sale	(42)	(3)
Translation of foreign operations	70	(304)
Terminations	(17)	(125)
Current year depreciation charge	(655)	(694)
Reversal of impairment of right of use assets (note 9)	2
Net impairment of right of use assets (note 9)		(5)
Carrying amount at end of year	5,180	5,153
Plant, equipment and vehicles
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	7,508	7,179
Additions to right-of-use assets	900	1,278
Modifications and reassessments	(17)	(104)
Acquisition of business		111
Disposal of business		(55)
Reclassification from (to) held for sale	(39)	(41)
Translation of foreign operations	451	827
Terminations	(24)	(52)
Current year depreciation charge	(1,552)	(1,607)
Reversal of impairment of right of use assets (note 9)	4
Net impairment of right of use assets (note 9)		(28)
Carrying amount at end of year	7,231	7,508
Mineral assets
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	1	7
Additions to right-of-use assets	2
Terminations		(1)
Current year depreciation charge	(2)	(5)
Carrying amount at end of year	1	1
Cost
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	18,705	19,532
Carrying amount at end of year	19,766	18,705
Cost | Land
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	549	523
Carrying amount at end of year	301	549
Cost | Buildings
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	7,389	8,046
Carrying amount at end of year	7,616	7,389
Cost | Plant, equipment and vehicles
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	10,763	10,954
Carrying amount at end of year	11,842	10,763
Cost | Mineral assets
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	4	9
Carrying amount at end of year	7	4
Accumulated depreciation and impairment
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	(5,802)	(5,716)
Carrying amount at end of year	(7,137)	(5,802)
Accumulated depreciation and impairment | Land
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	(308)	(339)
Carrying amount at end of year	(84)	(308)
Accumulated depreciation and impairment | Buildings
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	(2,236)	(1,600)
Carrying amount at end of year	(2,436)	(2,236)
Accumulated depreciation and impairment | Plant, equipment and vehicles
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	(3,255)	(3,775)
Carrying amount at end of year	(4,611)	(3,255)
Accumulated depreciation and impairment | Mineral assets
Disclosure of quantitative information about right-of-use assets [line items]
Carrying amount at beginning of year	(3)	(2)
Carrying amount at end of year	R (6)	R (3)

Lease - Lease Liabilities (Deta

Lease - Lease Liabilities (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Lease liabilities
Total long-term lease liabilities	R 14,266	R 13,906
Short-term portion (included in short-term debt)	1,768	1,771
Lease liabilities	16,034	15,677	R 17,719
Reconciliation
Balance at beginning of year	15,677	17,719
New lease contracts	1,979	2,011
Payments made on lease liabilities	(2,264)	(2,180)	(2,061)
Modifications and reassessments	(23)	(802)
Interest accrued	453	332
Termination of lease liability	(63)	(189)
Acquisition of business		111
Disposal of business		(25)
Transfer (to)/from disposal groups held for sale	(362)	10
Translation of foreign operations	637	(1,310)
Balance at end of year	R 16,034	R 15,677	R 17,719

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, 2022	Jun. 30, 2021	Jun. 30, 2020
Leases
Interest expense (included in net finance cost)	R 1,357	R 1,488	R 1,465
Expense relating to short-term leases	474	423	757
Expense relating to leases of low-value assets that are not shown above as short-term leases	79	65	33
Expense relating to variable lease payments not included in lease liabilities (included in other operating expenses and income)	32	58	64
Total cash outflow on leases	R 3,753	R 3,882	R 4,048

Lease - Incremental borrowing r

Lease - Incremental borrowing rates (Details)	Jun. 30, 2022	Jun. 30, 2021
Minimum | South Africa
Leases
Incremental borrowing rates for leases	4.18%	6.19%
Minimum | North America
Leases
Incremental borrowing rates for leases	1.46%	2.15%
Minimum | Eurasia
Leases
Incremental borrowing rates for leases	0.38%	0.38%
Maximum | South Africa
Leases
Incremental borrowing rates for leases	16.47%	15.35%
Maximum | North America
Leases
Incremental borrowing rates for leases	5.77%	5.64%
Maximum | Eurasia
Leases
Incremental borrowing rates for leases	11.16%	6.35%

Short-term debt (Details)

Short-term debt (Details) R in Millions, $ in Billions	Jun. 30, 2022 ZAR (R)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 ZAR (R)
Disclosure of detailed information about borrowings
Short-term debt	R 82		R 60
Short-term portion of long-term debt	22,334		5,506
Current lease liabilities	1,768		1,771
Total short-term debt	24,184		R 7,337
Unsecured debt, bond repayable in November 2022
Disclosure of detailed information about borrowings
Short-term portion of long-term debt	16,000	$ 1
Unsecured debt, repayable in August 2022
Disclosure of detailed information about borrowings
Short-term portion of long-term debt	R 2,200

Property, plant and equipment_2

Property, plant and equipment (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Property, plant and equipment
Amount at beginning of the year	R 198,021	R 227,645
Additions	22,613	16,022	R 38,092
Additions, to sustain existing operations	20,915	14,801
Additions, to expand operations	1,698	1,221
Net reclassification (to)/from other assets		46
Reduction in rehabilitation provisions capitalised	(484)	(2,425)
Establishment of joint operation		29,563
Disposal of business		(6,607)
Finance costs capitalised	740	880
Projects/assets capitalised or reclassified	(248)	(470)
Reclassification from/(to) held for sale		(1,689)
Reclassification to held for sale	(472)
Translation of foreign operations	15,037	(21,034)
Disposals and scrapping	(3,802)	(457)
Current year depreciation charge	(11,532)	(14,920)
Net impairment of property, plant and equipment	1,435	(28,533)
Amount at end of the year	221,308	R 198,021	227,645
Gemini HDPE LLC
Property, plant and equipment
Proportion of equity interest disposed of		50%
Cost
Property, plant and equipment
Amount at beginning of the year	432,779	R 465,723
Amount at end of the year	462,253	432,779	465,723
Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(234,758)	(238,078)
Amount at end of the year	(240,945)	(234,758)	(238,078)
Land
Property, plant and equipment
Amount at beginning of the year	3,871	5,591
Additions	20	18
Additions, to sustain existing operations	20	18
Net reclassification (to)/from other assets		(2)
Establishment of joint operation		325
Disposal of business		(1,399)
Projects/assets capitalised or reclassified	(170)	73
Reclassification from/(to) held for sale		98
Reclassification to held for sale	(51)
Translation of foreign operations	407	(775)
Disposals and scrapping	(10)	(2)
Net impairment of property, plant and equipment	(57)	(56)
Amount at end of the year	4,010	3,871	5,591
Land | Cost
Property, plant and equipment
Amount at beginning of the year	4,145	5,844
Amount at end of the year	4,357	4,145	5,844
Land | Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(274)	(253)
Amount at end of the year	(347)	(274)	(253)
Buildings and improvements
Property, plant and equipment
Amount at beginning of the year	11,554	11,954
Additions	80	4
Additions, to sustain existing operations	75
Additions, to expand operations	5	4
Net reclassification (to)/from other assets		56
Reduction in rehabilitation provisions capitalised		(4)
Establishment of joint operation		1,097
Disposal of business		(632)
Projects/assets capitalised or reclassified	(445)	837
Reclassification from/(to) held for sale		349
Reclassification to held for sale	(22)
Translation of foreign operations	908	(1,457)
Disposals and scrapping	(533)	(19)
Current year depreciation charge	(434)	(537)
Net impairment of property, plant and equipment	13	(94)
Amount at end of the year	11,121	11,554	11,954
Buildings and improvements | Cost
Property, plant and equipment
Amount at beginning of the year	20,462	21,418
Amount at end of the year	21,466	20,462	21,418
Buildings and improvements | Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(8,908)	(9,464)
Amount at end of the year	(10,345)	(8,908)	(9,464)
Plant, equipment and vehicles
Property, plant and equipment
Amount at beginning of the year	128,986	152,255
Additions	701	1,063
Additions, to sustain existing operations	671	948
Additions, to expand operations	30	115
Net reclassification (to)/from other assets		(750)
Reduction in rehabilitation provisions capitalised	(33)	(55)
Establishment of joint operation		28,079
Disposal of business		(4,544)
Projects/assets capitalised or reclassified	17,482	11,918
Reclassification from/(to) held for sale		(711)
Reclassification to held for sale	(340)
Translation of foreign operations	13,527	(18,327)
Disposals and scrapping	(2,565)	(184)
Current year depreciation charge	(8,599)	(11,080)
Net impairment of property, plant and equipment	1,416	(28,678)
Amount at end of the year	150,575	128,986	152,255
Plant, equipment and vehicles | Cost
Property, plant and equipment
Amount at beginning of the year	334,432	325,837
Amount at end of the year	356,420	334,432	325,837
Plant, equipment and vehicles | Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(205,446)	(173,582)
Amount at end of the year	(205,845)	(205,446)	(173,582)
Mineral assets
Property, plant and equipment
Amount at beginning of the year	27,476	30,043
Additions	58	43
Additions, to sustain existing operations	58	43
Net reclassification (to)/from other assets		20
Reduction in rehabilitation provisions capitalised	(56)	(1,401)
Disposal of business		(1)
Projects/assets capitalised or reclassified	88	2,654
Reclassification from/(to) held for sale		(981)
Translation of foreign operations		98
Disposals and scrapping	(87)	(49)
Current year depreciation charge	(2,499)	(3,303)
Net impairment of property, plant and equipment		353
Amount at end of the year	24,980	27,476	30,043
Mineral assets | Cost
Property, plant and equipment
Amount at beginning of the year	47,606	84,822
Amount at end of the year	49,388	47,606	84,822
Mineral assets | Accumulated depreciation and impairment
Property, plant and equipment
Amount at beginning of the year	(20,130)	(54,779)
Amount at end of the year	(24,408)	(20,130)	(54,779)
Assets under construction
Property, plant and equipment
Amount at beginning of the year	26,134	27,802
Additions	21,754	14,894
Additions, to sustain existing operations	20,091	13,792
Additions, to expand operations	1,663	1,102
Net reclassification (to)/from other assets		722
Reduction in rehabilitation provisions capitalised	(395)	(965)
Establishment of joint operation		62
Disposal of business		(31)
Finance costs capitalised	740	880
Projects/assets capitalised or reclassified	(17,203)	(15,952)
Reclassification from/(to) held for sale		(444)
Reclassification to held for sale	(59)
Translation of foreign operations	195	(573)
Disposals and scrapping	(607)	(203)
Net impairment of property, plant and equipment	63	(58)
Amount at end of the year	30,622	26,134	27,802
Assets under construction | Cost
Property, plant and equipment
Amount at beginning of the year	26,134	27,802
Amount at end of the year	R 30,622	R 26,134	R 27,802

Property, plant and equipment-

Property, plant and equipment- Cash flow additions (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Additions to property, plant and equipment (cash flow)
Current year additions	R 22,613	R 16,022	R 38,092
Adjustments for non-cash items	(20)	(77)	(2,947)
Adjustments for non-cash items, movement in environmental provisions capitalised	(20)	(77)	(2,947)
Per the statement of cash flows	R 22,593	R 15,945	R 35,145

Property, plant and equipment_3

Property, plant and equipment- Capital commitments (Details) - Property, plant and equipment - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Capital commitments (excluding equity accounted investments)
Authorised and contracted for	R 41,892	R 33,196
Authorised but not yet contracted for	35,830	33,297
Less expenditure to the end of year	(32,438)	(26,605)
Capital commitments	45,284	39,888
Capital commitments to sustain existing operations	30,805	25,591
Capital commitments to expand operations	14,479	14,297
Within one year
Capital commitments (excluding equity accounted investments)
Capital commitments	27,719	21,393
One to five years
Capital commitments (excluding equity accounted investments)
Capital commitments	R 17,565	R 18,495

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, 2022	Jun. 30, 2021
Property, plant and equipment
Capital commitments	R 45,284	R 39,888
Shutdown and major statutory maintenance
Property, plant and equipment
Capital commitments	7,963	6,439
Capital expenditure	6,082	2,583
Environmental projects to sustain operations
Property, plant and equipment
Capital commitments	3,449	3,033
Capital expenditure	1,520	1,806
Clean fuels II
Property, plant and equipment
Capital commitments	2,632	1,483
Capital expenditure	893	237
Environmental projects to expand operations
Property, plant and equipment
Capital commitments	640
Mozambique exploration and development
Property, plant and equipment
Capital commitments	11,448	10,786
Capital expenditure	1,377	234
Lake Charles Chemicals Project
Property, plant and equipment
Capital commitments		798
Capital expenditure	R 99	R 684

Property, plant and equipment_4

Property, plant and equipment - Depreciation ranges (Details)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
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%
Minimum | Retail convenience centres
Property, plant and equipment
Depreciation rate for property, plant and equipment	3%
Minimum | Plant
Property, plant and equipment
Depreciation rate for property, plant and equipment	2%
Minimum | Equipment
Property, plant and equipment
Depreciation rate for property, plant and equipment	3%
Minimum | Vehicles
Property, plant and equipment
Depreciation rate for property, plant and equipment	5%
Maximum | Buildings and improvements
Property, plant and equipment
Depreciation rate for property, plant and equipment	17%
Maximum | Retail convenience centres
Property, plant and equipment
Depreciation rate for property, plant and equipment	5%
Maximum | Plant
Property, plant and equipment
Depreciation rate for property, plant and equipment	50%
Maximum | Equipment
Property, plant and equipment
Depreciation rate for property, plant and equipment	91%
Maximum | Vehicles
Property, plant and equipment
Depreciation rate for property, plant and equipment	33%

Long-term receivables and pre_3

Long-term receivables and prepaid expenses (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Long-term receivables and prepaid expenses
Short-term portion of long-term receivables	R (1,122)	R (986)
Long-term portion of long-term receivables	3,023	3,879
Long-term prepaid expenses	187	345
Long-term receivables and prepaid expenses	3,210	4,224
Long-term receivables (interest bearing) - joint operations	584	605
Long-term loans	2,016	2,517
LCCP investment incentives	423	757
Cost
Long-term receivables and prepaid expenses
Total long-term receivables	4,230	4,956
Impairment
Long-term receivables and prepaid expenses
Total long-term receivables	R (85)	R (91)

Equity accounted investments -

Equity accounted investments - Equity accounted investments total carrying value (Details) R in Millions	Jun. 30, 2022 ZAR (R)	Jun. 29, 2022 person	Jun. 30, 2021 ZAR (R)	Apr. 30, 2021
Equity accounted investments
Carrying value of equity accounted investment	R 12,684		R 10,142
Other equity accounted investments
Equity accounted investments
Carrying value of equity accounted investment	435		258
Enaex Africa (Pty) Ltd
Equity accounted investments
Carrying value of equity accounted investment	R 309		R 295
Interest in associates (as a percent)	23%		23%	49%
Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Equity accounted investments
Carrying value of equity accounted investment	R 2,753
Interest in associates (as a percent)	20%	20%
Proportion of equity interest disposed of		30%
Number of directors appointed by the group | person		4
Total number of directors | person		14
ORYX GTL
Equity accounted investments
Carrying value of equity accounted investment	R 8,920		R 9,329
Interest in joint ventures (as a percent)	49%
Sasol Dyno Nobel Pty Ltd
Equity accounted investments
Carrying value of equity accounted investment	R 267		R 260
Interest in joint ventures (as a percent)	50%

Equity accounted investments _2

Equity accounted investments - Not material and Capital commitments (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Summarised financial information for the group's share of equity accounted investments which are not material
Profit/(loss) for the year	R 3,128	R 814	R (347)
Equity accounted investments
Capital commitments and relating to equity accounted investments
Authorised and contracted for	688	622
Authorised but not yet contracted for	884	713
Less expenditure to the end of year	(562)	(348)
Capital commitments	1,010	987
Immaterial equity accounted investments
Summarised financial information for the group's share of equity accounted investments which are not material
Operating profit/(loss)	114	128
Profit/(loss) before tax	159	140
Taxation	(50)	(45)
Profit/(loss) for the year	R 109	R 95

Equity accounted investments _3

Equity accounted investments - ORYX GTL Limited, financial position (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Significant events and transactions
Cash and cash equivalents	R 43,140	R 31,231
Total assets	419,548	360,743
Tax payable	3,142	806	R 665
Summarised income statement
Turnover	275,738	201,910	190,367
Depreciation and amortisation	(14,073)	(17,644)	(22,327)
Other operating expenses	(32,161)	(12,099)	(20,834)
Earnings/(loss) before interest and tax (EBIT/(LBIT))	61,417	16,619	(111,926)
Finance income	1,020	856	922
Finance costs	(6,896)	(6,758)	(7,303)
Earnings/(loss) before tax	55,541	10,717	(118,307)
Taxation	(13,869)	(185)	26,390
Earnings/(loss) for the year	41,672	10,532	(91,917)
Reconciliation of summarised financial information
Profit before tax for the year	55,541	10,717	(118,307)
Taxation	(13,869)	(185)	26,390
Dividends paid	(908)	(492)	(841)
Carrying value of equity accounted investment	12,684	10,142
Contingent liabilities incurred in relation to interests in joint ventures	0	0
ORYX GTL
Significant events and transactions
Non-current assets	13,723	13,149
Deferred tax assets	292	212
Cash and cash equivalents	4,208	2,682
Other current assets	7,775	5,307
Total assets	25,998	21,350
Other non-current liabilities	704	742
Other current liabilities	4,594	1,178
Tax payable	2,496	391
Total liabilities	7,794	2,311
Net assets	18,204	19,039	21,452
Summarised income statement
Turnover	16,620	8,538
Depreciation and amortisation	(1,625)	(1,759)
Other operating expenses	(5,497)	(4,513)
Earnings/(loss) before interest and tax (EBIT/(LBIT))	9,498	2,266
Finance income	33	6
Finance costs	(42)	(48)
Earnings/(loss) before tax	9,489	2,224
Taxation	(3,329)	(758)
Earnings/(loss) for the year	6,160	1,466
The group's share of profits of equity accounted investment	3,019	719
49% share of profit before tax	4,650	1,090
Taxation	(1,631)	(371)
Reconciliation of summarised financial information
Net assets at the beginning of the year	19,039	21,452
Profit before tax for the year	9,489	2,224
Taxation	(3,329)	(758)
Foreign exchange differences	2,438	(3,879)
Dividends paid	(9,433)
Net assets at the end of the year	18,204	19,039	R 21,452
Carrying value of equity accounted investment	R 8,920	R 9,329
Share of pre-tax profits (as a percent)	49%
Dividend declared by joint venture (Sasol's share)	R 4,600
Dividends received from joint ventures	R 3,000

Equity accounted investments _4

Equity accounted investments - ROMPCO, financial position (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Significant events and transactions
Cash and cash equivalents	R 43,140	R 31,231
Total assets	419,548	360,743
Tax payable	3,142	806	R 665
Carrying value of equity accounted investment	12,684	10,142
Contingent liabilities incurred in relation to interests in associates	0	R 0
Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Significant events and transactions
Non-current assets	5,770
Cash and cash equivalents	1,056
Other current assets	373
Total assets	7,199
Other non-current liabilities	812
Other current liabilities	125
Tax payable	51
Total liabilities	988
Net assets	6,211
Carrying value of equity accounted investment	R 2,753

Interest in joint operations (D

Interest in joint operations (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Dec. 01, 2020	Jun. 30, 2020	Jun. 30, 2019
Statement of financial position
External non-current assets	R 287,292	R 255,579
Total assets	419,548	360,743
Shareholders' equity	193,197	152,471		R 155,917	R 223,109
Long-term liabilities	134,576	150,708
Total equity and liabilities	419,548	360,743
Joint Operations
Statement of financial position
External non-current assets	34,149	30,647
External current assets	1,357	4,872
Intercompany current assets	72	2
Total assets	35,578	35,521
Shareholders' equity	31,081	28,754
Long-term liabilities	2,454	2,522
Interest-bearing current liabilities	237	225
Non-interest-bearing current liabilities	1,201	2,607
Intercompany current liabilities	605	1,413
Total equity and liabilities	35,578	35,521
Capital commitments	R 952	R 717
Louisiana Integrated Polyethylene JV LLC
Joint operations
Interest in joint operation (as a percent)	50%	50%	50%
Statement of financial position
External non-current assets	R 30,554
External current assets	1,006
Intercompany current assets	60
Total assets	31,620
Shareholders' equity	30,785
Long-term liabilities	27
Interest-bearing current liabilities	44
Non-interest-bearing current liabilities	546
Intercompany current liabilities	218
Total equity and liabilities	R 31,620
Sasol Canada
Joint operations
Interest in joint operation (as a percent)		50%
Natref
Joint operations
Interest in joint operation (as a percent)	64%	64%
Statement of financial position
External non-current assets	R 3,595
External current assets	351
Intercompany current assets	12
Total assets	3,958
Shareholders' equity	296
Long-term liabilities	2,427
Interest-bearing current liabilities	193
Non-interest-bearing current liabilities	655
Intercompany current liabilities	387
Total equity and liabilities	R 3,958

Interest in significant opera_3

Interest in significant operating subsidiaries (Details) - ZAR (R) R in Millions				12 Months Ended
	Jun. 30, 2022	Jun. 29, 2022	Jun. 30, 2021	Jun. 30, 2022
Disclosure of subsidiaries
Assets to which significant restrictions apply	R 0			R 0
Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Disclosure of subsidiaries
Proportion of equity interest disposed of		30%
Interest in associates (as a percent)	20%	20%
Sasol Mining Holdings (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol Technology (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol Financing Limited
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol Investment Company (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol South Africa Limited
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
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%		100%
Sasol Africa (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol Oil (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	75%		75%
Sasol New Energy Holdings (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Republic of Mozambique Pipeline Investment Company (Pty) Ltd (ROMPCO)
Disclosure of subsidiaries
Percentage of equity owned			50%
Proportion of equity interest disposed of		30%
Sasol Financing International Limited
Disclosure of subsidiaries
Percentage of equity owned	100%		100%	100%
Sasol Germany Gmbh
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol Italy Spa
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol Mining (Pty) Ltd
Disclosure of subsidiaries
Percentage of equity owned	90%		90%
Sasol Canada Holdings Limited
Disclosure of subsidiaries
Percentage of equity owned			100%
Sasol Chemicals (USA) LLC
Disclosure of subsidiaries
Percentage of equity owned	100%		100%
Sasol Financing USA LLC
Disclosure of subsidiaries
Percentage of equity owned	100%		100%	100%

Inventories (Details)

Inventories (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Inventories
Crude oil and other raw materials	R 6,515	R 4,269
Process material	2,079	1,834
Maintenance materials	5,636	5,585
Work in progress	2,661	2,560
Manufactured products	23,988	15,315
Consignment inventory	231	179
Total inventories	R 41,110	R 29,742

Inventories - Details (Details)

Inventories - Details (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Inventories
Inventory write-down	R 451	R 83
Inventories held at net realizable value	R 1,803	R 1,118

Trade and other receivables (De

Trade and other receivables (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Trade and other receivables
Trade and other receivables	R 38,936	R 27,140
Slate recovery receivable	2,571	78
Duties recoverable from customers	485	263
Prepaid expenses and other	2,115	1,860
Value added tax	2,564	1,592
Total trade and other current receivables	46,671	30,933
ORYX GTL
Trade and other receivables
Dividends receivable resulting from related party transactions	1,600
Cost
Trade and other receivables
Trade receivables	32,778	23,692
Other receivables	4,546	3,708
Related party receivables - equity accounted investments	2,074	255
Impairment
Trade and other receivables
Trade and other receivables	R (462)	R (515)

Trade and other receivables - C

Trade and other receivables - Collateral and other (Details) R in Millions	Jun. 30, 2022 ZAR (R) customer	Jun. 30, 2021 customer	Jun. 30, 2020 customer
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, 2022	Jun. 30, 2021
Trade and other payables.
Trade payables	R 26,888	R 17,197
Capital project related payables	457	960
Accrued expenses	4,807	4,323
Other payables (financial liabilities)	6,611	652
Related party payables	1,110	157
third parties	191	155
equity accounted investments	919	2
Trade payables	39,873	23,289
Other payables (non financial liabilities)	9,037	8,422
Duties payable to revenue authorities	4,172	4,785
Value added tax	473	174
Trade and other payables	R 53,555	R 36,670

(Increase)_decrease in workin_3

(Increase)/decrease in working capital (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
(Increase)/decrease in working capital
(Increase)/decrease in inventories	R (12,281)	R (4,872)	R 3,397
(Increase)/decrease in trade receivables	(9,414)	(7,198)	6,431
Increase/(decrease) in trade payables	10,159	4,916	(3,990)
(Increase)/decrease in working capital	R (11,536)	R (7,154)	R 5,838

Cash and cash equivalents (Deta

Cash and cash equivalents (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Cash and cash equivalents
Cash and cash equivalents	R 40,577	R 28,981
Restricted cash and cash equivalents	2,563	2,250
Cash and cash equivalents, including restricted	43,140	31,231
Bank overdraft	(173)	(243)
Total cash and cash equivalents	42,967	30,988	R 34,094	R 15,819
Rand
Cash and cash equivalents
Total cash and cash equivalents	27,122	14,994
Euro
Cash and cash equivalents
Total cash and cash equivalents	2,835	2,159
US Dollar
Cash and cash equivalents
Total cash and cash equivalents	12,289	12,787
Other currencies
Cash and cash equivalents
Total cash and cash equivalents	R 721	R 1,048

Cash generated by operating a_3

Cash generated by operating activities (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Cash generated by operating activities
Cash flow from operations	R 67,674	R 52,268	R 36,546
(Increase)/decrease in working capital	(11,536)	(7,154)	5,838
Cash generated by operating activities	R 56,138	R 45,114	R 42,384

Cash flow from operations (Deta

Cash flow from operations (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Cash flow from operations
Earnings/(loss) before interest and tax (EBIT/(LBIT))	R 61,417	R 16,619	R (111,926)
Adjusted for
share of (profits)/losses of equity accounted investments	(3,128)	(814)	347
equity-settled share-based payment	1,164	1,927	1,946
depreciation and amortisation	14,073	17,644	22,327
effect of remeasurement items	(9,903)	23,218	111,978
movement in long-term provisions
income statement charge	643	(3)	(2,208)
utilisation	(310)	(388)	(734)
movement in short-term provisions	(2,182)	2,839	39
movement in post-retirement benefits	443	880	733
translation effects	(886)	(5,047)	6,098
write-down of inventories to net realisable value	451	83	384
movement in financial assets and liabilities	2,760	(4,225)	3,990
movement in other receivables and payables	3,223	(240)	3,057
other non-cash movements	(91)	(225)	515
Cash flow from operations	R 67,674	R 52,268	R 36,546

Dividends paid (Details)

Dividends paid (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Dividends paid
Final dividend - prior year	R 23	R 16	R 10
Interim dividend - current year	26	30	21
Dividends paid	49	R 46	R 31
Forecast cash flow on final dividend - current year	R 9,344
Number of shares issued	635,676,817	634,244,336	632,365,757	631,028,318

Long-term provisions (Details)

Long-term provisions (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R)
Provisions
Balance at beginning of year	R 17,361
Capitalised to property, plant and equipment	20
Reduction in rehabilitation provision capitalised	(484)
Transfer to disposal groups held for sale	(968)
Per the income statement	643
additional provisions and changes to existing provisions	1,014
reversal of unutilised amounts	(270)
effect of change in discount rate	(101)
Notional interest	726
Utilised during year (cash flow)	(310)
Foreign exchange differences recognised in income statement	170
Translation of foreign operations	857
Balance at end of year	18,015
Environmental
Provisions
Balance at beginning of year	16,196
Capitalised to property, plant and equipment	20
Reduction in rehabilitation provision capitalised	(484)
Transfer to disposal groups held for sale	(938)
Per the income statement	925
additional provisions and changes to existing provisions	971
effect of change in discount rate	(46)
Notional interest	721
Utilised during year (cash flow)	(216)
Foreign exchange differences recognised in income statement	138
Translation of foreign operations	845
Balance at end of year	17,207
Share-based payments
Provisions
Balance at beginning of year	29
Per the income statement	(27)
additional provisions and changes to existing provisions	(9)
reversal of unutilised amounts	(18)
Utilised during year (cash flow)	(2)
Other
Provisions
Balance at beginning of year	1,136
Transfer to disposal groups held for sale	(30)
Per the income statement	(255)
additional provisions and changes to existing provisions	52
reversal of unutilised amounts	(252)
effect of change in discount rate	(55)
Notional interest	5
Utilised during year (cash flow)	(92)
Foreign exchange differences recognised in income statement	32
Translation of foreign operations	12
Balance at end of year	R 808

Long-term provisions - Expected

Long-term provisions - Expected timing of future cash flows and Business segmentation (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Provisions
Total provisions	R 18,015	R 17,361
Short-term portion	(1,465)	(1,197)
Long-term provisions	16,550	16,164
Estimated undiscounted obligation	105,792	92,109
Within one year
Provisions
Total provisions	1,465	1,197
One to five years
Provisions
Total provisions	5,429	5,287
More than five years
Provisions
Total provisions	R 11,121	R 10,877

Long-term provisions - Environm

Long-term provisions - Environmental provisions, Risk-free rates and Impact of changes to discount rates (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Provisions
Provisions	R 18,015	R 17,361
Share Appreciation Right (SARs)
Provisions
Intrinsic value of share appreciation rights vested but not yet exercised	0	0
Environmental
Provisions
Provisions	17,207	16,196
Investments restricted for mining rehabilitation purposes	700	676
Indemnities for mining rehabilitation purposes	R 2,314	R 2,190
Assumed percentage change in discount rate	1%	1%
Increase in the discount rate	R (4,405)	R (4,352)
amount capitalised to property, plant and equipment	(1,237)	(1,250)
income recognised in income statement	(3,168)	(3,102)
Decrease in the discount rate	5,474	5,266
amount capitalised to property, plant and equipment	1,646	1,787
expense recognised in income statement	R 3,828	R 3,479
Environmental | South Africa | Minimum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	6.60%	4.20%
Environmental | South Africa | Maximum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	10.10%	10.30%
Environmental | Europe | Minimum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	0.60%	0%
Environmental | Europe | Maximum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	2.40%	0.50%
Environmental | United States | Minimum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	2.20%	0.20%
Environmental | United States | Maximum
Provisions
Risk-free interest rate used to discount estimated cash flows related to provisions	3.30%	1.80%

Short-term provisions (Details)

Short-term provisions (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Provisions
Other provisions	R 1,126	R 3,370
Short-term portion of long-term provisions	1,465	1,197
Short-term portion of post-retirement benefit obligations	553	497
Total short-term provisions	3,144	R 5,064
Emission right provisions
Provisions
Other provisions	609
Employee related provisions
Provisions
Other provisions	R 214

Post-retirement benefit oblig_3

Post-retirement benefit obligations (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	R 10,063	R 13,297
Post-retirement obligations, Current	553	497
Post-retirement obligations, Total	10,616	13,794
Post-retirement assets, Non-current	(633)	(591)
Healthcare
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	3,528	3,474
Post-retirement obligations, Current	276	239
Post-retirement obligations, Total	3,804	3,713
Pension
Disclosure of net defined benefit liability (asset)
Post-retirement assets, Non-current	(633)	(591)
Post-retirement assets, Total	(633)	(591)
Net pension obligations, Non-current	5,902	9,232
Net pension obligations, Current	277	258
Net pension obligations, Total	6,179	9,490
South Africa | Healthcare
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	3,300	3,238
Post-retirement obligations, Current	256	218
Post-retirement obligations, Total	3,556	3,456
South Africa | Pension
Disclosure of net defined benefit liability (asset)
Post-retirement assets, Non-current	(64)	(46)
Post-retirement assets, Total	(64)	(46)
Net pension obligations, Total	(64)	(46)
United States | Healthcare
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	228	236
Post-retirement obligations, Current	20	21
Post-retirement obligations, Total	248	257
Foreign Countries | Pension
Disclosure of net defined benefit liability (asset)
Post-retirement obligations, Non-current	6,535	9,823
Post-retirement obligations, Current	277	258
Post-retirement obligations, Total	6,812	10,081
Post-retirement assets, Non-current	(569)	(545)
Post-retirement assets, Total	(569)	(545)
Net pension obligations, Total	R 6,243	R 9,536

Post-retirement benefit oblig_4

Post-retirement benefit obligations- Loss/(gain) recognition (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	R 2,073	R 1,897	R 2,302
Loss/(gain) recognised in other comprehensive income	(2,415)	(834)	147
Healthcare
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	442	407	467
Loss/(gain) recognised in other comprehensive income	(131)	201	(1,040)
Pension | Benefit obligation
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	7,934	7,248	7,073
Loss/(gain) recognised in other comprehensive income	(3,184)	5,715	(6,921)
Pension | Plan assets
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	(6,699)	(6,115)	(5,470)
Loss/(gain) recognised in other comprehensive income	(963)	(7,062)	7,507
Pension | Asset ceiling
Disclosure of net defined benefit liability (asset) [line items]
Loss/(gain) recognised in the income statement	396	357	232
Loss/(gain) recognised in other comprehensive income	R 1,863	R 312	R 601

Post-retirement benefit oblig_5

Post-retirement benefit obligations - Actuarial Assumptions (Details)	Jun. 30, 2022	Apr. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Apr. 30, 2021	Mar. 31, 2021
South Africa
Post-retirement benefit obligations
Healthcare cost inflation			7.50%			7.50%
Pension increase assumption			5.10%			5.20%
Average salary increases			5.50%			5.50%
South Africa | Pension
Post-retirement benefit obligations
Discount rate			12.40%			11.10%
Weighted average duration of the obligation			12 years			12 years
South Africa | Healthcare
Post-retirement benefit obligations
Discount rate			12.40%			11.60%
Weighted average duration of the obligation			14 years			13 years
United States
Post-retirement benefit obligations
Average salary increases	4.20%			4.20%
United States | Pension
Post-retirement benefit obligations
Discount rate	4.20%			2%
Weighted average duration of the obligation	4 years			7 years
United States | Healthcare
Post-retirement benefit obligations
Discount rate	4.30%			2.70%
Weighted average duration of the obligation	10 years			12 years
Europe
Post-retirement benefit obligations
Pension increase assumption		2.20%			1.80%
Average salary increases		3.20%			2.80%
Europe | Pension
Post-retirement benefit obligations
Discount rate		2.50%			1.20%
Weighted average duration of the obligation		16 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, 2022	Jun. 30, 2021
Reconciliation of total post-retirement health care obligation recognized in the statement of financial position
Beginning balance	R 3,713	R 3,377
Movements recognised in the income statement:	442	407
current service cost	44	44
interest cost	398	394
curtailments and settlements		(31)
Actuarial (gains) losses recognised in other comprehensive income:	(131)	201
arising from changes in financial assumptions	(325)	527
arising from change in actuarial experience	194	(326)
Benefits paid	(252)	(209)
Translation of foreign operations	32	(63)
Ending balance	3,804	3,713
South Africa
Reconciliation of total post-retirement health care obligation recognized in the statement of financial position
Beginning balance	3,456	2,992
Movements recognised in the income statement:	421	413
current service cost	30	26
interest cost	391	387
Actuarial (gains) losses recognised in other comprehensive income:	(91)	237
arising from changes in financial assumptions	(284)	539
arising from change in actuarial experience	193	(302)
Benefits paid	(230)	(186)
Ending balance	3,556	3,456
United States
Reconciliation of total post-retirement health care obligation recognized in the statement of financial position
Beginning balance	257	385
Movements recognised in the income statement:	21	(6)
current service cost	14	18
interest cost	7	7
curtailments and settlements		(31)
Actuarial (gains) losses recognised in other comprehensive income:	(40)	(36)
arising from changes in financial assumptions	(41)	(12)
arising from change in actuarial experience	1	(24)
Benefits paid	(22)	(23)
Translation of foreign operations	32	(63)
Ending balance	R 248	R 257

Post-retirement benefit oblig_7

Post-retirement benefit obligations - Sensitivity Analysis (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Sensitivity analysis
Cost inflation as premium over CPI	2%
South Africa | Healthcare | Healthcare cost inflation
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 387	R 411
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (325)	R (344)
South Africa | Healthcare | Discount rate
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (309)	R (329)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 373	R 399
United States | Healthcare | Healthcare cost inflation
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
United States | Healthcare | Discount rate
Sensitivity analysis
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (21)	R (25)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 28	R 34

Post-retirement benefit oblig_8

Post-retirement benefit obligations - Investments (Details) - Pension - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2021	Mar. 31, 2020
South Africa
Pension benefits
Percentage of members electing to transfer to the defined contribution section of the pension fund	99%
Ordinary shares included in the plan assets			2,077,048	2,082,248
Value of ordinary shares included in the plan assets			R 772	R 454
Value of property occupied included in the plan assets			R 1,533	R 1,521
Pension fund assets
Equities	55%	54%
Resources	7%	7%
Industrials	3%	2%
Consumer discretionary	9%	11%
Consumer staples	7%	9%
Healthcare	5%	5%
Information technologies	8%	6%
Telecommunications	4%	4%
Financials (ex real estate)	12%	10%
Fixed interest	18%	16%
Direct property	10%	11%
Listed property	3%	2%
Cash and cash equivalents	2%	4%
Third party managed assets	11%	12%
Other	1%	1%
Total	100%	100%
United States
Pension fund assets
Equities	35%	30%
Resources	5%	4%
Industrials	4%	3%
Consumer discretionary	4%	4%
Consumer staples	2%	2%
Healthcare	4%	4%
Information technologies	8%	6%
Telecommunications	3%	2%
Financials (ex real estate)	5%	5%
Fixed interest	40%	50%
Direct property	9%	6%
Other	16%	14%
Total	100%	100%

Post-retirement benefit oblig_9

Post-retirement benefit obligations - Investments Target Allocation (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) item age	Jun. 30, 2021
Pension benefits
Number of investment portfolios members can choose from | item	4
Plan assets at fair value - Low risk portfolio	R 216
Plan assets at fair value - Moderate balanced portfolio	64,656
Plan assets at fair value - Aggressive balanced portfolio	1,269
Plan assets at fair value - Money market portfolio	R 919
Minimum
Pension benefits
Age of participant for money market portfolio | age	55
South Africa | Pension
Pension benefits
Increase in midpoint target allocation, equity- foreign (percentage points)	7.50%
South Africa | Pension | Minimum
Pension benefits
Target allocation, equity- local (as a percent)	25%
Target allocation, equity- foreign (as a percent)	25%	15%
Target allocation, Fixed Interest (as a percent)	10%
Target allocation, Property (as a percent)	10%
South Africa | Pension | Maximum
Pension benefits
Target allocation, equity- local (as a percent)	35%
Target allocation, equity- foreign (as a percent)	35%	30%
Target allocation, Fixed Interest (as a percent)	25%
Target allocation, Property (as a percent)	20%
Target allocation, Other (as a percent)	15%
United States | Pension | Maximum
Pension benefits
Target allocation, equity- local (as a percent)	100%
Target allocation, equity- foreign (as a percent)	100%
Target allocation, Fixed Interest (as a percent)	100%
Target allocation, Property (as a percent)	100%
Target allocation, Other (as a percent)	100%

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, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of net defined benefit liability (asset)
Pension asset	R 633	R 591
Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	6,179	9,490
Pension asset	633	591
Benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	70,508	70,322	R 63,549
Benefit obligation | Funded benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	63,696	60,294
Benefit obligation | Funded benefit obligation | Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	32,787	28,359
Benefit obligation | Funded benefit obligation | Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	30,909	31,935
Benefit obligation | Unfunded benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	6,812	10,028
Plan assets | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(70,071)	(64,403)	(55,120)
Plan assets | Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(39,162)	(32,468)
Plan assets | Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(30,909)	(31,935)
Asset ceiling | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	5,742	3,571
Increase in asset limitation	1,775	291
Interest expense (income)	396	357
South Africa | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(64)	(46)
Pension asset	64	46
South Africa | Benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	60,478	57,054	47,228
South Africa | Benefit obligation | Funded benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	60,478	57,054
South Africa | Benefit obligation | Funded benefit obligation | Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	29,569	25,119
South Africa | Benefit obligation | Funded benefit obligation | Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	30,909	31,935
South Africa | Plan assets | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(66,284)	(60,671)	(50,618)
South Africa | Plan assets | Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(35,375)	(28,736)
South Africa | Plan assets | Pension - Defined benefit option
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(30,909)	(31,935)
South Africa | Asset ceiling | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	5,742	3,571
Foreign Countries | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	6,243	9,536
Pension asset	569	545
Foreign Countries | Benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	10,030	13,268	16,321
Foreign Countries | Benefit obligation | Funded benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	3,218	3,240
Foreign Countries | Benefit obligation | Funded benefit obligation | Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	3,218	3,240
Foreign Countries | Benefit obligation | Unfunded benefit obligation | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	6,812	10,028
Foreign Countries | Plan assets | Pension
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	(3,787)	(3,732)	R (4,502)
Foreign Countries | Plan assets | Pension - Defined benefit portion
Disclosure of net defined benefit liability (asset)
Net pension obligations, Total	R (3,787)	R (3,732)

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, 2022	Jun. 30, 2021
Disclosure of net defined benefit liability (asset)
Beginning balance	R 9,490
Ending balance	6,179	R 9,490
Reimbursement rights recognised in long-term receivables	135	218
Gain (loss) recognised in other comprehensive income	(88)	22
Benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	70,322	63,549
Movements recognised in the income statement:	7,934	7,248
current service cost	1,549	1,502
curtailments and settlements		(129)
interest cost	6,385	5,875
Actuarial (gains) losses recognised in other comprehensive income:	(3,184)	5,715
arising from changes in demographic assumptions		(1)
arising from changes in financial assumptions	(4,787)	(149)
arising from change in actuarial experience	1,603	5,865
Member contributions	536	503
Benefits paid	(4,401)	(4,411)
Disposal of business	(1,223)
Translation of foreign operations	524	(2,282)
Ending balance	70,508	70,322
Benefit obligation | Unfunded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	10,028
Ending balance	6,812	10,028
Benefit obligation | Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	60,294
Ending balance	63,696	60,294
South Africa
Disclosure of net defined benefit liability (asset)
Beginning balance	(46)
Ending balance	(64)	(46)
South Africa | Benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	57,054	47,228
Movements recognised in the income statement:	7,326	6,571
current service cost	1,115	923
interest cost	6,211	5,648
Actuarial (gains) losses recognised in other comprehensive income:	(533)	6,093
arising from changes in financial assumptions	(2,133)	303
arising from change in actuarial experience	1,600	5,790
Member contributions	536	503
Benefits paid	(3,905)	(3,341)
Ending balance	60,478	57,054
South Africa | Benefit obligation | Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	57,054
Ending balance	60,478	57,054
Foreign Countries
Disclosure of net defined benefit liability (asset)
Beginning balance	9,536
Ending balance	6,243	9,536
Foreign Countries | Benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	13,268	16,321
Movements recognised in the income statement:	608	677
current service cost	434	579
curtailments and settlements		(129)
interest cost	174	227
Actuarial (gains) losses recognised in other comprehensive income:	(2,651)	(378)
arising from changes in demographic assumptions		(1)
arising from changes in financial assumptions	(2,654)	(452)
arising from change in actuarial experience	3	75
Benefits paid	(496)	(1,070)
Disposal of business	(1,223)
Translation of foreign operations	524	(2,282)
Ending balance	10,030	13,268
Foreign Countries | Benefit obligation | Unfunded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	10,028
Ending balance	6,812	10,028
Foreign Countries | Benefit obligation | Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Beginning balance	3,240
Ending balance	R 3,218	R 3,240

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, 2022	Jun. 30, 2021
Disclosure of net defined benefit liability (asset)
Beginning balance	R (9,490)
Ending balance	(6,179)	R (9,490)
Plan assets
Disclosure of net defined benefit liability (asset)
Beginning balance	64,403	55,120
Movements recognised in the income statement:	6,699	6,115
interest income	6,699	6,115
Actuarial gains (losses) recognised in other comprehensive income:	963	7,062
arising from return on plan assets (excluding interest income)	963	7,062
Plan participant contributions	536	503
Employer contribution	1,199	606
Benefits payments	(4,217)	(4,210)
Translation of foreign operations	488	(793)
Ending balance	70,071	64,403
Actual return on plan assets	7,662	13,177
South Africa
Disclosure of net defined benefit liability (asset)
Beginning balance	46
Ending balance	64	46
South Africa | Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Projected pension contributions for next fiscal year	1,209
South Africa | Plan assets
Disclosure of net defined benefit liability (asset)
Beginning balance	60,671	50,618
Movements recognised in the income statement:	6,610	6,035
interest income	6,610	6,035
Actuarial gains (losses) recognised in other comprehensive income:	1,200	6,303
arising from return on plan assets (excluding interest income)	1,200	6,303
Plan participant contributions	536	503
Employer contribution	1,172	553
Benefits payments	(3,905)	(3,341)
Ending balance	66,284	60,671
Actual return on plan assets	7,810	12,338
Foreign Countries
Disclosure of net defined benefit liability (asset)
Beginning balance	(9,536)
Ending balance	(6,243)	(9,536)
Foreign Countries | Funded benefit obligation
Disclosure of net defined benefit liability (asset)
Projected pension contributions for next fiscal year	29
Foreign Countries | Plan assets
Disclosure of net defined benefit liability (asset)
Beginning balance	3,732	4,502
Movements recognised in the income statement:	89	80
interest income	89	80
Actuarial gains (losses) recognised in other comprehensive income:	(237)	759
arising from return on plan assets (excluding interest income)	(237)	759
Employer contribution	27	53
Benefits payments	(312)	(869)
Translation of foreign operations	488	(793)
Ending balance	3,787	3,732
Actual return on plan assets	R (148)	R 839

Post-retirement benefit obli_13

Post-retirement benefit obligations - Sensitivity analysis (Details) - Pension - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
South Africa | Salary increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 6	R 9
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (6)	R (8)
South Africa | Discount rate
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (1,161)	R (1,474)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 1,364	R 1,748
South Africa | Pension increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 1,453	R 1,821
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (1,261)	R (1,566)
Foreign Countries | Salary increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 312	R 470
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (271)	R (446)
Foreign Countries | Discount rate
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R (1,199)	R (1,833)
Increase (decrease) in net obligation due to decrease in actuarial assumption	R 1,507	R 2,360
Foreign Countries | Pension increase
Disclosure of sensitivity analysis for actuarial assumptions
Increase in actuarial assumption (as a percent)	1%	1%
Decrease in actuarial assumption (as a percent)	1%	1%
Increase (decrease) in net obligation due to increase in actuarial assumption	R 929	R 1,353
Increase (decrease) in net obligation due to decrease in actuarial assumption	R (737)	R (1,102)

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, 2022	Jun. 30, 2021	Jun. 30, 2020
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	R 1,164	R 1,927	R 1,946
Sasol 2016 Long-term Incentive plan
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	1,001	1,042	878
Sasol Khanyisa Employee Share Ownership Plan (ESOP)
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	163	885	1,068
Tier 1 - Eligible Inzalo participants
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity		567	642
Tier 2 - Qualifying employees
Share-based payment transaction
Expense from equity-settled share-based payment transactions - recognized directly in equity	R 163	R 318	R 426

Share-based payment reserve - S

Share-based payment reserve - Sasol 2016 Long-term Incentive plan (Details)	12 Months Ended
	Jun. 30, 2022 ZAR (R) item R / shares shares	Jun. 30, 2021 ZAR (R) item shares	Jun. 30, 2020 shares
Share-based payment transaction
Number of shares authorised | shares	1,314,407,571	1,314,407,571	1,314,407,571
Sasol 2016 Long-term Incentive plan
Share-based payment transaction
Number of share options at the beginning of the year | item	13,472,670	10,908,312
Number of share options, LTIs granted | item	3,822,529	5,957,275
Number of share options, LTIs exercised | item	(1,488,900)	(1,940,848)
Number of share options, Effect of CPTs and LTIs forfeited | item	(1,544,102)	(1,452,069)
Number of share options at the end of the year | item	14,262,197	13,472,670
Weighted average fair value at the beginning of the year	R 256.68	R 345.74
Weighted average fair value of LTIs granted	246.26	146.58
Weighted average fair value of LTIs exercised	461.96	352.18
Weighted average fair value of Effect of CPTs and LTIs forfeited	351.79	345.14
Weighted average fair value at the end of the year	R 222.16	256.68
Remaining contractual vesting period of options outstanding	1 year 4 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 230.48	R 134.25
Average fair value of options granted
Expected volatility	78.67%	98.34%
Expected dividend yield	2.90%	3.49%
Expected forfeiture rate	5%	5%
Expected vesting percentage	97.27%	97.42%
Sasol 2016 Long-term Incentive plan | Maximum
Share-based payment transaction
Number of shares authorised | shares	32,500,000
Percentage of share capital authorised to be issued under scheme	5%
Group management
Share-based payment transaction
Percentage of stock vesting period	50%
Group management | Minimum
Share-based payment transaction
Vesting period	3 years	3 years
Group management | Maximum
Share-based payment transaction
Vesting period	5 years	5 years
GEC
Share-based payment transaction
Vesting period	5 years
All other participants
Share-based payment transaction
Vesting period	3 years	3 years
Rand | Sasol 2016 Long-term Incentive plan | Minimum
Average fair value of options granted
Risk-free interest rate	4.96%	3.99%
Rand | Sasol 2016 Long-term Incentive plan | Maximum
Average fair value of options granted
Risk-free interest rate	7.28%	5.90%
US Dollar | Sasol 2016 Long-term Incentive plan | Minimum
Average fair value of options granted
Risk-free interest rate	0.32%	0.17%
US Dollar | Sasol 2016 Long-term Incentive plan | Maximum
Average fair value of options granted
Risk-free interest rate	1.45%	0.28%

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 -_2

Share-based payment reserve - Sasol Khanyisa Employee Share Ownership (Details)	Jun. 01, 2018	Jun. 30, 2022
Sasol Khanyisa share transaction
Share-based payment transaction
Transaction term	10 years
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%

Share-based payment reserve - A

Share-based payment reserve - Assumption and Valuation of share based expenses (Details) - Tier 2 - Qualifying employees - ZAR (R)		12 Months Ended
	Jun. 01, 2018	Jun. 30, 2022	Jun. 30, 2021
Share-based payment transaction
Remaining vesting period		2 years 6 months	2 years 7 months 6 days
Weighted average fair value on grant date		R 62.95	R 64.53
Strike price		R 258.85	R 290.52
Minimum
Share-based payment transaction
Vesting period	3 years
Maximum
Share-based payment transaction
Vesting period	10 years

Contingent liabilities (Details

Contingent liabilities (Details) - ZAR (R)		1 Months Ended
	Sep. 19, 2019	May 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 12, 2019	Mar. 11, 2019	Feb. 05, 2018	Sep. 18, 2017	May 31, 2015
Fluor SA (Pty) Ltd (FTWEP)
Contingent liabilities
Damages sought		R 289,100,000				R 384,000,000	R 448,000,000			R 486,000,000
Alternative assessment of estimated financial effect of contingent liabilities		R 289,600,000				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
Extension period		147 days
Legal proceedings provision			R 0
Dispute of dismissal during unprotected strike | Sasol Mining (Pty) Ltd
Contingent liabilities
Legal proceedings provision			0
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
Final and provisional settlements			1,300,000,000
Accrued expense			400,000,000
Legal proceedings provision				R 1,600,000,000	R 1,400,000,000
Crude Oil Transportation Tariff dispute
Contingent liabilities
Issued summons for payment									R 1,000,000,000
Trade payables			624,000,000
Environmental Contingent Liability
Contingent liabilities
Environmental obligation accrued			R 17,207,000,000		R 16,196,000,000

Related party transactions - Ma

Related party transactions - Material transactions (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) item	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020 ZAR (R)
Disclosure of transactions between related parties
Impairment of outstanding balances	R 0
Purchases by subsidiaries from related parties	R 157	R 108	R 769
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 2,737	2,635	672
Purchases by subsidiaries from related parties	4	8	691
Associates
Disclosure of transactions between related parties
Purchases by subsidiaries from related parties	R 153	R 100	R 78

Related party transactions - Ke

Related party transactions - Key management remuneration (Details) R in Thousands	12 Months Ended
	Jun. 30, 2022 ZAR (R) person	Jun. 30, 2021 ZAR (R) person	Jun. 30, 2020 ZAR (R) person
Executive Directors
Disclosure of transactions between related parties
Salary	R 26,980
Retirement funding	764
Other benefits	2,948
Annual incentives	22,691
Total short-term benefits	53,383	R 65,493	R 22,944
Long-term incentive rights vested	30,850	4,824	2,657
Share-based payment	14,000
Prescribed Officers
Disclosure of transactions between related parties
Salary	38,060
Retirement funding	5,312
Other benefits	16,751
Annual incentives	28,349
Total short-term benefits	88,472	92,817	52,142
Long-term incentive rights vested	R 50,512	R 6,735	R 4,201
Number of members | person	8	7	6
Share-based payment	R 32,000
Non-executive Directors
Disclosure of transactions between related parties
Board meeting fees	22,787
Lead Director fees	758
Committee fees	6,861
Ad hoc Special Board Committee Meeting	0
Total non-executive Director remuneration	R 30,406	R 33,540	R 39,743

Financial risk management and_3

Financial risk management and financial instruments - Summary of Financial Instruments (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Listed long-term debt
Financial risk management and financial instruments
Financial liabilities - fair value	R 71,667	R 72,226
Listed long-term debt | Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	78,076	68,405
Unlisted long-term debt
Financial risk management and financial instruments
Financial liabilities - fair value	26,824	34,274
Unlisted long-term debt | Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	26,758	34,238
Lease liabilities | Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	16,034	15,677
Short-term debt and bank overdraft
Financial risk management and financial instruments
Financial liabilities - fair value	255	303
Short-term debt and bank overdraft | Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	255	303
Long- and short-term financial liabilities
Financial risk management and financial instruments
Financial liabilities - fair value	7,127	5,173
Long- and short-term financial liabilities | Liabilities, At fair value through profit and loss
Financial risk management and financial instruments
Financial liabilities - carrying value	7,127	3,070
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
Trade and other payables
Financial risk management and financial instruments
Financial liabilities - fair value	39,873	23,289
Trade and other payables | Liabilities, Amortised cost
Financial risk management and financial instruments
Financial liabilities - carrying value	39,873	23,289
Investments in listed securities
Financial risk management and financial instruments
Financial assets - fair value	480	466
Investments in listed securities | Assets, Designated at fair value through other comprehensive income
Financial risk management and financial instruments
Financial assets - carrying value	480	466
Investments in unlisted securities
Financial risk management and financial instruments
Financial assets - fair value	13	8
Investments in unlisted securities | Assets, Designated at fair value through other comprehensive income
Financial risk management and financial instruments
Financial assets - carrying value	13	8
Long-term restricted cash
Financial risk management and financial instruments
Financial assets - fair value	1,531	1,422
Long-term restricted cash | Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	1,531	1,422
Long-term receivables
Financial risk management and financial instruments
Financial assets - fair value	3,023	3,879
Long-term receivables | Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	3,023	3,879
Long and short-term financial assets
Financial risk management and financial instruments
Financial assets - fair value	868	2,323
Long and short-term financial assets | Assets, At fair value through profit and loss
Financial risk management and financial instruments
Financial assets - carrying value	868	2,323
Trade and other receivables
Financial risk management and financial instruments
Financial assets - fair value	38,936	27,140
Trade and other receivables | Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	38,936	27,140
Cash and cash equivalents
Financial risk management and financial instruments
Financial assets - fair value	43,140	31,231
Cash and cash equivalents | Assets, Amortised cost
Financial risk management and financial instruments
Financial assets - carrying value	R 43,140	R 31,231

Financial risk management and_4

Financial risk management and financial instruments - Capital Allocation (Details)	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Capital allocation
Gearing ratio	41.70%	61.50%	117%
Minimum
Capital allocation
Targeted gearing ratio	20%
Maximum
Capital allocation
Targeted gearing ratio	40%

Financial risk management and_5

Financial risk management and financial instruments - Financing Risk and Credit rating (Details)		12 Months Ended
	Apr. 30, 2022	Jun. 30, 2022	Oct. 18, 2021
Minimum
Capital allocation
Target minimum average time to maturity for long-term borrowings		2 years
Funds From Operations (FFO)/Net debt			30%
Period to maintain strong liquidity	12 months
Maximum
Capital allocation
Debt/EBITDA to be sustained	2.5
Period to maintain strong liquidity	18 months

Financial risk management and_6

Financial risk management and financial instruments - Credit Risk (Details) - customer	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Credit risk
Loss given default for unsecured financial assets	50%	50%
Loss given default for secured financial assets	40%	40%
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	48%	42%	44%
Europe
Credit risk
Percentage of total turnover	21%	24%	23%
United States
Credit risk
Percentage of total turnover	16%	18%	17%

Financial risk management and_7

Financial risk management and financial instruments - Expected credit losses (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Receivables | Impairment
Detail on expected credit losses recognised
Financial assets	R 547	R 606
Receivables | Lifetime | Impairment
Detail on expected credit losses recognised
Financial assets	445	574
Receivables | Lifetime | Impairment | Significant increase in credit risk since initial recognition
Detail on expected credit losses recognised
Financial assets	1	57
Receivables | Lifetime | Impairment | Simplified approach for trade receivables
Detail on expected credit losses recognised
Financial assets	30	9
Receivables | Lifetime | Impairment | Credit impaired
Detail on expected credit losses recognised
Financial assets	414	508
Receivables | 12-months | Impairment
Detail on expected credit losses recognised
Financial assets	R 102	R 32
Long-term receivables | AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	51%	58%
Long-term receivables | BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	43%	39%
Long-term receivables | CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	6%	3%
Long-term receivables | Impairment
Detail on expected credit losses recognised
Financial assets	R 85	R 91
Long-term receivables | Lifetime | Impairment
Detail on expected credit losses recognised
Financial assets	41	91
Long-term receivables | Lifetime | Impairment | Significant increase in credit risk since initial recognition
Detail on expected credit losses recognised
Financial assets		50
Long-term receivables | Lifetime | Impairment | Credit impaired
Detail on expected credit losses recognised
Financial assets	41	R 41
Long-term receivables | 12-months | Impairment
Detail on expected credit losses recognised
Financial assets	R 44
Trade receivable | AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	73%	72%
Trade receivable | BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	24%	25%
Trade receivable | CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	3%	3%
Trade receivable | Impairment
Detail on expected credit losses recognised
Financial assets	R 131	R 201
Trade receivable | Lifetime | Impairment
Detail on expected credit losses recognised
Financial assets	131	201
Trade receivable | Lifetime | Impairment | Simplified approach for trade receivables
Detail on expected credit losses recognised
Financial assets	30	9
Trade receivable | Lifetime | Impairment | Credit impaired
Detail on expected credit losses recognised
Financial assets	R 101	R 192
Other receivables | AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	83%	68%
Other receivables | BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	15%	27%
Other receivables | CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	2%	5%
Other receivables | Impairment
Detail on expected credit losses recognised
Financial assets	R 331	R 314
Other receivables | Lifetime | Impairment
Detail on expected credit losses recognised
Financial assets	273	282
Other receivables | Lifetime | Impairment | Significant increase in credit risk since initial recognition
Detail on expected credit losses recognised
Financial assets	1	7
Other receivables | Lifetime | Impairment | Credit impaired
Detail on expected credit losses recognised
Financial assets	272	275
Other receivables | 12-months | Impairment
Detail on expected credit losses recognised
Financial assets	R 58	R 32
Cash and cash equivalents | AAA to A-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	18%	21%
Cash and cash equivalents | BBB to B-
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	81%	79%
Cash and cash equivalents | CCC+ and below
Detail on expected credit losses recognised
Percentage of financial assets at amortised cost	1%

Financial risk management and_8

Financial risk management and financial instruments - Contractual Cash Flows (Details) R in Millions, $ in Billions	Jun. 30, 2022 ZAR (R)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 ZAR (R)
Financial risk management and financial instruments
Net debt to EBITDA	0.8	0.8
Threshold of net debt to EBITDA	3	3
Contractual cash flows, financial assets	R 97,837		R 75,494
Contractual cash flows, non-derivative liabilities	(183,731)		(175,505)
Contractual cash flows, financial liabilities	(201,362)		(193,711)
Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	91,823		68,482
Contractual cash flows, non-derivative liabilities	(62,168)		(35,899)
Contractual cash flows, financial liabilities	(77,955)		(47,117)
One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets	1,582		1,329
Contractual cash flows, non-derivative liabilities	(56,021)		(71,257)
Contractual cash flows, financial liabilities	(56,021)		(72,217)
Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	919		1,149
Contractual cash flows, non-derivative liabilities	(17,590)		(10,924)
Contractual cash flows, financial liabilities	(17,590)		(11,437)
More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	3,513		4,534
Contractual cash flows, non-derivative liabilities	(47,952)		(57,425)
Contractual cash flows, financial liabilities	(49,796)		(62,940)
Long-term debt
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(123,107)		(119,921)
Long-term debt | Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(25,980)		(8,997)
Long-term debt | One to three years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(51,730)		(66,190)
Long-term debt | Three to five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(14,527)		(6,698)
Long-term debt | More than five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(30,870)		(38,036)
Lease liabilities
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(27,107)		(31,679)
Lease liabilities | Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(2,671)		(2,997)
Lease liabilities | One to three years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(4,291)		(5,067)
Lease liabilities | Three to five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(3,063)		(4,226)
Lease liabilities | More than five years
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(17,082)		(19,389)
Short-term debt
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(82)		(60)
Short-term debt | Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(82)		(60)
Trade and other payables
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(33,262)		(23,289)
Trade and other payables | Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(33,262)		(23,289)
Bank overdraft
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(173)		(243)
Bank overdraft | Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities	(173)		(243)
Financial guarantees
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities			(313)
Financial guarantees | Within one year
Financial risk management and financial instruments
Contractual cash flows, non-derivative liabilities			(313)
Foreign exchange contracts
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(8,986)		(8,134)
Foreign exchange contracts | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(8,986)		(8,134)
Interest rate swap
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities			(2,234)
Interest rate swap | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities			(668)
Interest rate swap | One to three years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities			(960)
Interest rate swap | Three to five years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities			(513)
Interest rate swap | More than five years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities			(93)
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	(454)
Foreign exchange zero cost collars | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(454)
Crude oil zero cost collar
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(6,176)		(1,126)
Crude oil zero cost collar | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(6,176)		(1,126)
Coal swap options
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(112)
Coal swap options | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(112)
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)
Crude oil futures
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities			(20)
Crude oil futures | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities			(20)
Other currency derivatives
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(1,850)		(5,422)
Other currency derivatives | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(6)
Other currency derivatives | More than five years
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(1,844)		(5,422)
Other commodity derivatives
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(53)		(49)
Other commodity derivatives | Within one year
Financial risk management and financial instruments
Contractual cash flows, derivative liabilities	(53)		(49)
Non-derivative instruments
Financial risk management and financial instruments
Contractual cash flows, financial assets	87,417		64,237
Non-derivative instruments | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	82,570		58,845
Non-derivative instruments | One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets	1,447		1,098
Non-derivative instruments | Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	777		908
Non-derivative instruments | More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	2,623		3,386
Long-term receivables
Financial risk management and financial instruments
Contractual cash flows, financial assets	3,316		3,970
Long-term receivables | One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets	1,447		1,098
Long-term receivables | Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	777		908
Long-term receivables | More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	1,092		1,964
Trade and other receivables
Financial risk management and financial instruments
Contractual cash flows, financial assets	38,936		27,140
Trade and other receivables | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	38,936		27,140
Cash and cash equivalents
Financial risk management and financial instruments
Contractual cash flows, financial assets	43,141		31,231
Cash and cash equivalents | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	43,141		31,231
Investments through other comprehensive income
Financial risk management and financial instruments
Contractual cash flows, financial assets	493		474
Investments through other comprehensive income | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	493		474
Long-term restricted cash
Financial risk management and financial instruments
Contractual cash flows, financial assets	1,531		1,422
Long-term restricted cash | More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	1,531		1,422
Foreign exchange contracts
Financial risk management and financial instruments
Contractual cash flows, financial assets	9,005		8,169
Foreign exchange contracts | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	9,005		8,169
Crude oil futures
Financial risk management and financial instruments
Contractual cash flows, financial assets	25
Crude oil futures | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	25
Crude oil put options
Financial risk management and financial instruments
Contractual cash flows, financial assets			46
Crude oil put options | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets			46
Foreign exchange zero cost collars
Financial risk management and financial instruments
Contractual cash flows, financial assets	76		1,150
Foreign exchange zero cost collars | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	76		1,150
Crude oil zero cost collar
Financial risk management and financial instruments
Contractual cash flows, financial assets	17
Crude oil zero cost collar | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	17
Ethane swap options
Financial risk management and financial instruments
Contractual cash flows, financial assets			156
Ethane swap options | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets			156
Other commodity derivatives
Financial risk management and financial instruments
Contractual cash flows, financial assets	61		9
Other commodity derivatives | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	61		9
Other currency derivatives
Financial risk management and financial instruments
Contractual cash flows, financial assets	1,236		1,727
Other currency derivatives | Within one year
Financial risk management and financial instruments
Contractual cash flows, financial assets	69		107
Other currency derivatives | One to three years
Financial risk management and financial instruments
Contractual cash flows, financial assets	135		231
Other currency derivatives | Three to five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	142		241
Other currency derivatives | More than five years
Financial risk management and financial instruments
Contractual cash flows, financial assets	890		R 1,148
US Dollar Bond November 2022
Financial risk management and financial instruments
Notional amount	R 16,000	$ 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, 2022
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, 2022 R / €	Jun. 30, 2022 R / € R / $	Jun. 30, 2021 R / €	Jun. 30, 2021 R / € R / $	Jun. 30, 2022 R / $	Jun. 30, 2021 R / $
Financial risk management and financial instruments
Average rate	17.15	15.21	18.38	15.40
Closing rate	17.07	17.07	16.93	16.93	16.28	14.28

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, 2022	Jun. 30, 2021
Financial risk management and financial instruments
Percentage of change in significant exposure used for sensitivity analysis	10%	10%
Euro
Financial risk management and financial instruments
Net exposure	R 3,254	R (129)
Equity impact of decrease in risk exposure	325	(13)
Income statement impact of decrease in risk exposure	325	(13)
Euro | External balances
Financial risk management and financial instruments
Net exposure on assets	2,897	2,726
Net exposure on liabilities	(166)	(296)
Net exposure	2,731	2,430
Euro | Balances between group companies
Financial risk management and financial instruments
Net exposure	523	(2,559)
US Dollar
Financial risk management and financial instruments
Net exposure	12,390	(5,878)
Equity impact of decrease in risk exposure	1,239	(511)
Income statement impact of decrease in risk exposure	1,239	(511)
US Dollar | External balances
Financial risk management and financial instruments
Net exposure on assets	8,656	3,709
Net exposure on liabilities	(4,552)	(1,523)
Net exposure	4,104	2,186
US Dollar | Balances between group companies
Financial risk management and financial instruments
Net exposure	8,286	(8,064)
Trade and other payables | Euro | External balances
Financial risk management and financial instruments
Net exposure on liabilities	(166)	(296)
Trade and other payables | US Dollar | External balances
Financial risk management and financial instruments
Net exposure on liabilities	(4,552)	(1,523)
Long-term receivables | US Dollar | External balances
Financial risk management and financial instruments
Net exposure on assets	336	323
Trade and other receivables | Euro | External balances
Financial risk management and financial instruments
Net exposure on assets	739	831
Trade and other receivables | US Dollar | External balances
Financial risk management and financial instruments
Net exposure on assets	4,961	2,265
Cash and cash equivalents | Euro | External balances
Financial risk management and financial instruments
Net exposure on assets	2,158	1,895
Cash and cash equivalents | US Dollar | External balances
Financial risk management and financial instruments
Net exposure on assets	R 3,359	R 1,121

Financial risk management an_12

Financial risk management and financial instruments - Interest Rate Risk (Details) R in Millions, $ in Millions		12 Months Ended
	Mar. 15, 2022 item	Jun. 30, 2022 ZAR (R)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 ZAR (R)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 ZAR (R)
Financial risk management and financial instruments
Variable rate as a percentage of total financial assets		85%		94%
Fixed rate as a percentage of total financial assets		15%		6%
Variable rate as a percentage of total financial liabilities		25%		7%
Fixed rate as a percentage of total financial liabilities		75%		93%
Fair value gain/(loss) recognised in other comprehensive income		R 1,110		R 1,072		R (2,192)
Variable
Financial risk management and financial instruments
Financial assets		40,250		30,062
Financial liabilities		(26,094)		(7,898)
Net financial instruments		14,156		22,164
Fixed
Financial risk management and financial instruments
Financial assets		7,121		1,788
Financial liabilities		(78,913)		(110,803)
Net financial instruments		(71,792)		(109,015)
Interest rate swap
Financial risk management and financial instruments
Financial liabilities				(2,103)
Interest rate swap | Variable
Financial risk management and financial instruments
Value of terminated contract | $			$ 1,700
Interest rate swap | Cash flow hedge | North America
Financial risk management and financial instruments
Hedging instrument, liabilities				2,103
Fair value gain/(loss) recognised in other comprehensive income		1,818		(1,072)
Amount recognised in other operating expenses		1,029		89
Amount recognised in other operating expenses on reclassification from cash flow hedge reserve		R 1,100
Balance of hedge reserve - continuing hedge relationships				(801)
Balance of hedge reserve - discontinued hedge relationships				R (106)
Nominal amount				1,751
Average fixed rate		2.82%		2.82%
Hedge ratio		100%		100%
Fair value gain of continuing hedging instruments used as the basis for recognising hedge ineffectiveness | $			120		$ 32
Fair value gain of hedged item used as the basis for recognising hedge ineffectiveness | $			$ 121		$ 38
Interest rate swap | Cash flow hedge | SOFR
Financial risk management and financial instruments
Number of instruments transitioned | item	2
Interest rate risk | Variable
Financial risk management and financial instruments
Percentage of increase in risk variable used for sensitivity analysis		1%		1%
Percentage of decrease in risk variable used for sensitivity analysis		1%		1%
Interest rate risk | Variable | South Africa
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R 257		R 166
Interest rate risk | Variable | Europe
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R 22		19
Minimum reasonably possible repo interest rate		0%
Interest rate risk | Variable | United States
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R (153)		25
Interest rate risk | Variable | Other
Financial risk management and financial instruments
Income statement impact of increase in risk variable		R 16		R 12

Financial risk management an_13

Financial risk management and financial instruments - Commodity Price Risk (Details) - $ / bbl	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Maximum
Financial risk management and financial instruments
Dated Brent Crude price	137.64	76.44
Average
Financial risk management and financial instruments
Dated Brent Crude price	92.06	54.20
Minimum
Financial risk management and financial instruments
Dated Brent Crude price	66.17	36.21

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, 2022	Jun. 30, 2021	Jun. 30, 2020
Derivatives and financial guarantees
Financial risk management and financial instruments
Financial assets	R 868	R 2,323
Financial liabilities	(7,127)	(5,173)
Derivatives
Financial risk management and financial instruments
Financial assets	868	2,323
Financial liabilities	(7,127)	(5,073)
Net gain/(loss) on derivative instruments	(18,325)	2,282	R (6,997)
Interest rate swap
Financial risk management and financial instruments
Financial liabilities		(2,103)
Net gain/(loss) on derivative instruments	1,029	(37)	(101)
Crude oil put options
Financial risk management and financial instruments
Financial assets		46
Financial liabilities		(46)
Net gain/(loss) on derivative instruments		(1,545)	(153)
Crude oil zero cost collar
Financial risk management and financial instruments
Financial assets	17
Financial liabilities	(6,176)	(1,126)
Net gain/(loss) on derivative instruments	(11,349)	(1,871)	(157)
Crude oil swap options
Financial risk management and financial instruments
Financial liabilities		(1,175)
Net gain/(loss) on derivative instruments	(5,140)	(1,267)	(160)
Crude oil futures
Financial risk management and financial instruments
Financial assets	25
Financial liabilities		(20)
Net gain/(loss) on derivative instruments	(1,049)	(774)	538
Ethane swap options
Financial risk management and financial instruments
Financial assets		156
Net gain/(loss) on derivative instruments	279	680	(732)
Coal swap options
Financial risk management and financial instruments
Financial liabilities	(112)
Net gain/(loss) on derivative instruments	691
Other commodity derivatives
Financial risk management and financial instruments
Financial assets	61	9
Financial liabilities	(53)	(49)
Net gain/(loss) on derivative instruments	(593)
Foreign exchange contracts
Financial risk management and financial instruments
Financial assets	68	75
Financial liabilities	(50)	(40)
Net gain/(loss) on derivative instruments	(677)	1,011	(372)
Foreign exchange zero cost collars
Financial risk management and financial instruments
Financial assets	76	1,150
Financial liabilities	(454)
Net gain/(loss) on derivative instruments	(1,580)	4,027	(4,298)
Other foreign exchange derivatives
Financial risk management and financial instruments
Financial assets	621	887
Financial liabilities	(282)	(514)
Net gain/(loss) on derivative instruments	R 64	2,058	R (1,562)
Financial guarantees
Financial risk management and financial instruments
Financial liabilities		R (100)

Financial risk management an_15

Financial risk management and financial instruments - Derivatives Entered (Details) € in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2022 USD ($) $ / T MT R / $ $ / bbl $ / € MMBbls	Jun. 30, 2021 USD ($) R / $ $ / gal $ / bbl $ / € MMBbls	Jun. 30, 2022 EUR (€) $ / T MT R / $ $ / bbl $ / € MMBbls	Jun. 30, 2021 EUR (€) R / $ $ / gal $ / bbl $ / € MMBbls
Crude oil put options purchased
Financial risk management and financial instruments
Number of barrels - open positions		10		10
Number of barrels - settled	10	(32.5)	10	(32.5)
Annual average floor price | $ / bbl		40.5		40.5
Premium paid | $	$ 0	$ 93.8
Crude oil put options sold
Financial risk management and financial instruments
Number of barrels - open positions		(10)		(10)
Number of barrels - settled	10		10
Annual average floor price | $ / bbl		43.2		43.2
Crude oil zero cost collar
Financial risk management and financial instruments
Number of barrels - open positions	29	24	29	24
Number of barrels - settled	24	5.1	24	5.1
Annual average floor price | $ / bbl	63.3	60.1	63.3	60.1
Annual average cap price | $ / bbl	96.6	72	96.6	72
Crude oil swap options
Financial risk management and financial instruments
Number of barrels - open positions		18		18
Number of barrels - settled	18		18
Annual average floor price | $ / bbl		67.2		67.2
Crude oil futures
Financial risk management and financial instruments
Contract/Notional amount - open positions | $	$ 1	$ 108
Contract/Notional amount - settled | $	$ 29
Annual average floor price | $ / bbl	109.9	73.6	109.9	73.6
Ethane swap options
Financial risk management and financial instruments
Number of barrels - open positions		4		4
Number of barrels - settled	4	26.2	4	26.2
Annual average floor price | $ / gal		23.2		23.2
Coal swap options
Financial risk management and financial instruments
Number of tons - open positions | MT	0.4		0.4
Number of tons - settled | MT	1		1
Annual average floor price | $ / T	293.7		293.7
Foreign exchange contracts | US Dollar
Financial risk management and financial instruments
Contract/Notional amount - open positions | $	$ 334	$ 143
Annual average floor price | R / $	16.24	14.66	16.24	14.66
Foreign exchange contracts | Euro
Financial risk management and financial instruments
Contract/Notional amount - open positions | €			€ 70	€ 100
Annual average floor price | $ / €	1.07	1.20	1.07	1.20
Foreign exchange zero cost collars
Financial risk management and financial instruments
Contract/Notional amount - open positions | $	$ 4,400	$ 2,800
Contract/Notional amount - settled | $	$ 3,900	$ 5,370
Annual average floor price | R / $	15.04	14.54	15.04	14.54
Annual average cap price | R / $	18.06	17.52	18.06	17.52

Financial risk management an_16

Financial risk management and financial instruments - Fair Value (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
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	71,667	R 72,226
Listed long-term debt | Level 1
Financial risk management and financial instruments
Financial liabilities - fair value	71,667	72,226
Unlisted long-term debt
Financial risk management and financial instruments
Financial liabilities - fair value	26,824	34,274
Unlisted long-term debt | Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	26,824	34,274
Short-term debt and bank overdraft
Financial risk management and financial instruments
Financial liabilities - fair value	255	303
Short-term debt and bank overdraft | Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	255	303
Trade and other payables
Financial risk management and financial instruments
Financial liabilities - fair value	39,873	23,289
Trade and other payables | Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	39,873	23,289
Commodity and currency derivative liabilities | Level 2
Financial risk management and financial instruments
Financial liabilities - fair value	6,845	2,456
Interest rate swap | Level 2
Financial risk management and financial instruments
Financial liabilities - fair value		2,103
Embedded derivative | Level 3
Financial risk management and financial instruments
Financial liabilities - fair value	282	514
Investments in listed securities
Financial risk management and financial instruments
Financial assets - fair value	480	466
Investments in listed securities | Level 1
Financial risk management and financial instruments
Financial assets - fair value	480	466
Investments in unlisted securities
Financial risk management and financial instruments
Financial assets - fair value	13	8
Investments in unlisted securities | Level 3
Financial risk management and financial instruments
Financial assets - fair value	13	8
Long-term restricted cash
Financial risk management and financial instruments
Financial assets - fair value	1,531	1,422
Long-term restricted cash | Level 1
Financial risk management and financial instruments
Financial assets - fair value	1,531	1,422
Long-term receivables
Financial risk management and financial instruments
Financial assets - fair value	3,023	3,879
Long-term receivables | Level 3
Financial risk management and financial instruments
Financial assets - fair value	3,023	3,879
Commodity and currency derivative assets | Level 2
Financial risk management and financial instruments
Financial assets - fair value	247	1,436
Embedded derivative | Level 3
Financial risk management and financial instruments
Financial assets - fair value	621	887
Trade and other receivables
Financial risk management and financial instruments
Financial assets - fair value	38,936	27,140
Trade and other receivables | Level 3
Financial risk management and financial instruments
Financial assets - fair value	38,936	27,140
Cash and cash equivalents
Financial risk management and financial instruments
Financial assets - fair value	43,140	31,231
Cash and cash equivalents | Level 1
Financial risk management and financial instruments
Financial assets - fair value	R 43,140	R 31,231

Financial risk management an_17

Financial risk management and financial instruments - Significant Derivatives Sensitivity Analysis (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) $ / bbl $ / gal R / $	Jun. 30, 2021 ZAR (R) $ / bbl R / $ $ / gal
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%	1%
Decrease in significant input variable (as a percent)	(1.00%)	(1.00%)
Crude oil put 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
Ethane swap options | Ethane price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable		14
Impact on fair value from decrease in significant input variable		(14)
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	R (1,511)	(1,702)
Impact on fair value from decrease in significant input variable	1,511	1,702
Gain (loss) for derivatives settled at spot price between cap and floor	R 0
Minimum weakening of exchange rate for fair value impact | R / $	1.78
Derivative cap | R / $	18.06
Crude oil zero cost collar | Crude oil price
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	R (672)	(382)
Impact on fair value from decrease in significant input variable	672	382
Interest rate swap | USD Libor curve
Financial risk management and financial instruments
Impact on fair value from decrease in significant input variable		559
Synfuels 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	(513)	(601)
Impact on fair value from decrease in significant input variable	513	601
Synfuels oxygen supply contract embedded derivative | USD Swap curve
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	86	98
Impact on fair value from decrease in significant input variable	(87)	(99)
Synfuels oxygen supply contract embedded derivative | Rand Swap curve
Financial risk management and financial instruments
Impact on fair value from increase in significant input variable	(786)	(825)
Impact on fair value from decrease in significant input variable	R 911	R 955