Share-based payment

The total expense recognised for employee services received during the year to 30 September 2017 is R110,3 million (2016: R88,9 million). Of the total expense recognised, the portion arising from the share appreciation rights, performance shares and restricted share option transactions amounted to R25,8 million, R16,9 million and R19,8 million (2016: R2,6 million, R18,0 million and  R17,0 million) respectively. The remaining expense relates to the cost associated with the BMT1 of R15,9 million and BMT2 of R19,3 million (2016: R16,4 million and R16,9 million) respectively.

Detailed disclosure of each scheme and the respective assumptions and valuation inputs have been included in Annexure D.