Reviewed condensed group financial statements and unreviewed production and sales volumes information for the year ended 31 December 2014

NOTES TO THE REVIEWED CONDENSED GROUP FINANCIAL STATEMENTSfor the year ended 31 December

      Year ended 31 December    
      2014  
Reviewed  
Rm  
2013  
Audited  
Rm  
 

8.  

Net financing costs  

       
  Finance income     80   81    
  – interest income     66   48    
  – finance lease interest income     9   11    
  – interest income from joint ventures     5   22    
  Finance costs (net of borrowing costs capitalised)    (183)  (367)   
  – interest expense     (323)  (329)   
  – unwinding of discount rate on rehabilitation cost     (183)  (367)   
  – amortisation of transaction costs     (10)  (9)   
  – borrowing costs capitalised1     333   338    
  Total net financing costs     (103)  (286)   
  1 Borrowing costs capitalisation rate of 6,69% (2013: 5,67%).