The following are the contractually due undiscounted cash flows resulting from maturities of all financial liabilities, including interest payments:
| UNITED STATES DOLLAR | ||||||||||||||||
| Within one year |
Between one and five years |
After five years |
Total | |||||||||||||
|
2017 |
||||||||||||||||
|
Trade and other payables |
451.0 | — | — | 451.0 | ||||||||||||
|
Copper derivative contracts |
3.3 | — | — | 3.3 | ||||||||||||
|
Borrowings1 |
||||||||||||||||
|
- US$ borrowings2 |
||||||||||||||||
|
- Capital |
— | 1,360.9 | — | 1,360.9 | ||||||||||||
|
- Interest |
61.3 | 87.8 | — | 149.1 | ||||||||||||
|
- A$ borrowings3 |
||||||||||||||||
|
- Capital |
— | 231.5 | — | 231.5 | ||||||||||||
|
- Interest |
9.5 | 13.9 | — | 23.4 | ||||||||||||
|
- Rand borrowings4 |
||||||||||||||||
|
- Capital |
193.6 | — | — | 193.6 | ||||||||||||
|
- Interest |
10.8 | — | — | 10.8 | ||||||||||||
|
Environmental rehabilitation costs5 |
6.5 | 24.8 | 349.7 | 381.0 | ||||||||||||
|
South Deep dividend |
1.6 | 5.3 | 5.8 | 12.7 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total |
737.6 | 1,724.2 | 355.5 | 2,817.3 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
2016 |
||||||||||||||||
|
Trade and other payables |
459.3 | — | — | 459.3 | ||||||||||||
|
Borrowings1 |
||||||||||||||||
|
- US$ borrowings2 |
||||||||||||||||
|
- Capital |
127.0 | 1,510.9 | — | 1,637.9 | ||||||||||||
|
- Interest |
64.6 | 145.1 | — | 209.7 | ||||||||||||
|
- Rand borrowings4 |
||||||||||||||||
|
- Capital |
61.0 | — | — | 61.0 | ||||||||||||
|
- Interest |
5.1 | — | — | 5.1 | ||||||||||||
|
Environmental rehabilitation costs5 |
3.6 | 29.8 | 347.4 | 380.8 | ||||||||||||
|
South Deep dividend |
1.4 | 5.2 | 6.2 | 12.8 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total |
722.0 | 1,691.0 | 353.6 | 2,766.6 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| 1 | Spot Rate: R12.58 = US$1.00 (2016: R14.03 = US$1.00). |
| 2 | US$ borrowings – Spot LIBOR (one month fix) rate adjusted by specific facility agreement: 1.5638% (2016: 0.75611% (one month fix)). |
| 3 | AU$ borrowings – Spot Bank Bill Swap Bid Rate (BBSY) (one month fix) rate adjusted by specific facility agreement: 1.76%. |
| 4 | ZAR borrowings – Spot JIBAR (one month fix) rate adjusted by specific facility agreement: 6.908% and bank overnight borrowing rate on uncommitted credit facilities: average of 8.3% (2016: 8.3%). |
| 5 | Although environmental rehabilitation costs do not meet the definition of a financial liability, the Group included the gross closure cost estimate in the undiscounted cash flows as it represents a future cash outflow (refer note 25.1). In South Africa and Ghana, US$55.5 million (2016: US$44.5 million) of the environmental rehabilitation costs is funded through the environmental trust funds. |