2016	2015
			R’000	R’000
32	CONTINGENT LIABILITIES
	Holding company
	Maximum* amount in addition to the R450 million in restricted cash payable for the acquisition of the Dwarsrivier Chrome Mine (Dwarsrivier) (refer note 36)		55 313	800 000
	Guarantees issued		210 762	205 530
	–	guarantees issued to bankers to secure short-term export facility#	180 000	180 000
	–	cash-covered guarantees issued to the Department of Mineral Resources for rehabilitation required on the group’s mines (refer note 9)	26 760	21 160
	–	performance guarantees issued to third parties by subsidiary companies	4 002	4 370
			266 075	1 005 530
	* In terms of the agreement with ARM to acquire its 50% of Dwarsrivier, Assore agreed to refund Assmang for Dwarsrivier’s capital expenditure and working capital requirements, effective from 1 July 2014, decreased by the profits after taxation (increased for losses after taxation) recorded by Dwarsrivier until the necessary conditions precedent were met in order for the transaction to be completed. # The facility is primarily utilised for and on behalf of Assmang in which the group holds a 50% interest and which in turn has provided a back-to-back guarantee against any claims made by bankers in terms of this facility. The facility was unused at year-end.