Notes to the financial statements | Note 29

      Group    
   (R’million)  2017     2016    
29  Pension obligations             
   Movement in the net asset/(liability) recognised in the statement of financial position             
   Balance at beginning of the year  105,1     98,5    
   Contributions paid  239,4     243,3    
   Other movements (net expense in the income statement) (235,2)    (239,1)   
           
   Interest cost  (27,2)    (26,2)   
   Current service cost  (243,6)    (246,1)   
   Interest on plan assets  38,5     35,1    
   Interest on limit  (2,9)    (1,9)   
   Remeasurements recognised in other comprehensive income  12,2     2,4    
   Net actuarial (loss)/gain raised in terms of IAS 19R  (4,2)    10,1    
   Unrecognised due to paragraph 65 limit  16,4     (7,7)   
           
   Balance at end of the year  121,5     105,1    
   The net asset is included in the statement of financial position as follows:             
   Investments – refer to note 16  53,8     51,1    
   Other receivables – refer to note 20  70,3     57,1    
   Other payables – refer to note 24  (2,6)    (3,1)   
     121,5     105,1    
  Detailed disclosure and the respective assumptions and valuation inputs have been included in Annexure E.



Notes to the financial statements | Note 29