CHAPTER 9:Associates and joint arrangements

9.7

RECONCILIATION OF CARRYING AMOUNTS OF INVESTMENTS IN ASSOCIATES AND JOINT VENTURES

Set out below is a reconciliation of the equity attributable to owners of the parent (closing net assets) in note 9.6, to the carrying value of the equity-accounted investment.

	Associates					Joint venture
Group	Tronox SA Rm	SIOC Rm	RBCT Rm	Black Mountain Rm		Mafube Rm
At 31 December 2020
Closing net assets	10 109	62 182	20 014	3 827		2 824
Interest in equity-accounted investment (%)	26.00	20.62	10.26	26.00		50.00
Interest in equity-accounted investment	2 628	12 822	2 053	995		1 412
Unrealised profit in closing balances		(2)
Carrying value	2 628	12 820	2 053	995		1 412
At 31 December 2019
Closing net assets	9 509	47 710	19 952	3 353		2 671
Interest in equity-accounted investment (%)	26.00	20.62	10.36	26.00		50.00
Interest in equity-accounted investment	2 472	9 838	2 067	872		1 335
Unrealised profit in closing balances		(3)
Carrying value	2 472	9 835	2 067	872		1 335