ADvTECH Balance Sheet

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	571	509.4	381.4	355.1	245	181.7
Short-Term Investments	-	47.7	32.4	22.1	17.6	14.9
Cash & Short-Term Investments	571	557.1	413.8	377.2	262.6	196.6
Cash Growth	38.96%	34.63%	9.70%	43.64%	33.57%	2.24%
Accounts Receivable	538.4	413.9	407.7	364.5	243.8	233.5
Other Receivables	97.9	81.7	44	60.9	68.3	28.9
Receivables	636.3	495.6	451.7	425.4	312.1	262.4
Inventory	7.7	12.6	10.3	7	10.4	17.4
Prepaid Expenses	139.8	97.1	54.6	40.7	35.8	34.7
Other Current Assets	-	40.3	-	15.5	8.6	48.8
Total Current Assets	1,355	1,203	930.4	865.8	629.5	559.9
Property, Plant & Equipment	7,878	7,722	6,801	6,294	5,644	5,293
Long-Term Investments	11.2	11.8	11.4	9.2	7.9	8
Goodwill	1,476	1,488	1,435	1,454	1,461	1,452
Other Intangible Assets	313.8	312.8	253.1	258.9	270.5	273.3
Long-Term Deferred Tax Assets	33.2	39.3	39.5	45.3	53.8	53.9
Total Assets	11,067	10,777	9,470	8,928	8,067	7,641
Accounts Payable	638.4	603.4	580.1	600.7	503.4	418
Accrued Expenses	-	41.4	43.3	35.7	35.2	29.1
Short-Term Debt	600.7	1,186	955	1,146	591.4	441.2
Current Portion of Long-Term Debt	0.8	600.7	0.3	0.1	600	600
Current Portion of Leases	245.8	222.8	196	186.4	165.8	137.7
Current Income Taxes Payable	28.4	-	-	-	-	-
Current Unearned Revenue	1,765	533.1	470.6	453.6	360.1	310.8
Other Current Liabilities	16.8	26.9	12.2	11.5	9.7	6.1
Total Current Liabilities	3,296	3,214	2,258	2,434	2,266	1,943
Long-Term Debt	1.9	9.9	600	600	600	1,200
Long-Term Leases	1,176	1,134	934.3	766.3	591.9	427.3
Long-Term Deferred Tax Liabilities	156.6	186.1	128.1	127.4	152.1	152.6
Other Long-Term Liabilities	50.4	52.9	51.8	49.2	48.3	50.1
Total Liabilities	4,680	4,598	3,972	3,976	3,658	3,773
Common Stock	6,387	1,596	1,604	1,602	1,602	1,566
Retained Earnings	-	4,490	3,855	3,276	2,722	2,275
Treasury Stock	-	-57	-58.9	-79.2	-135.3	-104.2
Comprehensive Income & Other	-	116.3	49.5	107.7	189.6	101.7
Total Common Equity	6,387	6,145	5,450	4,906	4,377	3,839
Minority Interest	-	34.2	48.6	45.6	31.8	29.1
Shareholders' Equity	6,387	6,179	5,498	4,951	4,409	3,868
Total Liabilities & Equity	11,067	10,777	9,470	8,928	8,067	7,641
Total Debt	2,025	3,154	2,686	2,698	2,549	2,806
Net Cash (Debt)	-1,454	-2,597	-2,272	-2,321	-2,287	-2,610
Net Cash Per Share	-2.63	-4.70	-4.14	-4.24	-4.19	-4.83
Filing Date Shares Outstanding	550.1	548.08	547.16	553.63	553.11	549.63
Total Common Shares Outstanding	550.1	548.08	547.16	553.63	553.11	549.63
Working Capital	-1,941	-2,012	-1,327	-1,568	-1,636	-1,383
Book Value Per Share	11.61	11.21	9.96	8.86	7.91	6.98
Tangible Book Value	4,597	4,344	3,762	3,192	2,646	2,113
Tangible Book Value Per Share	8.36	7.93	6.88	5.77	4.78	3.84
Land	-	5,698	5,119	4,819	4,528	4,315
Machinery	-	1,339	1,117	935.5	856.9	816.9
Construction In Progress	-	45.4	35.2	63.4	8.6	12.7
Leasehold Improvements	-	971.8	811.5	733.2	582.9	555.5

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.