|
|
|
|
Change in interest expenses for a change in interest rate1 |
|||||
|
Figures in million - SA rand |
|
|
-1.5% |
-1.0% |
-0.5% |
0.5% | 1.0% | 1.5% |
|
31 December 2017 |
|
|
|
|
|
|
|
|
|
- JIBAR |
|
|
83.0 |
55.4 |
27.7 |
(27.7) |
(55.4) |
(83.0) |
|
- LIBOR |
|
|
49.5 |
33.0 |
16.5 |
(16.5) |
(33.0) |
(49.5) |
|
Change in finance expense |
|
|
132.5 |
88.3 |
44.2 |
(44.2) |
(88.3) |
(132.5) |
|
31 December 2016 |
|
|
|
|
|
|
|
|
|
- JIBAR |
|
|
45.6 |
30.4 |
15.2 |
(15.2) |
(30.4) |
(45.6) |
|
- LIBOR2 |
|
|
- |
- |
- |
(13.6) |
(27.2) |
(40.8) |
|
Change in finance expense |
|
|
45.6 |
30.4 |
15.2 |
(28.8) |
(57.6) |
(86.4) |
1 Interest rate sensitivity analysis is performed on the borrowings balance at 31 December.
2 No interest rate sensitivity analysis has been performed for a reduction in LIBOR due to LIBOR being less than 1%, a decrease in LIBOR would have no impact on the Group’s profit or loss.