Adcorp Holdings Balance Sheet

Financials in millions ZAR. Fiscal year is March - February.

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	389.06	494	204.18	311.69	331
Short-Term Investments	2.48	2.38	2.77	2.43	2.56
Cash & Short-Term Investments	391.54	496.38	206.95	314.12	333.55
Cash Growth	-21.12%	139.86%	-34.12%	-5.83%	-30.09%
Accounts Receivable	1,548	1,557	1,572	1,391	1,399
Other Receivables	17.18	15.99	29.87	17.75	14.58
Receivables	1,565	1,574	1,603	1,410	1,417
Prepaid Expenses	68.68	80.01	108.05	94.49	69.84
Restricted Cash	-	-	71.07	103.86	89.36
Total Current Assets	2,025	2,150	1,989	1,923	1,910
Property, Plant & Equipment	204.77	266.49	274.48	322.6	360.6
Long-Term Investments	-	-	-	21.07	19.6
Goodwill	500	491.32	515.78	512.7	512.72
Other Intangible Assets	70.48	87.96	109.05	123.68	125.77
Long-Term Deferred Tax Assets	226.16	272.03	219.64	214.83	214.19
Other Long-Term Assets	-	-	14.5	43.99	58.07
Total Assets	3,027	3,268	3,123	3,162	3,201
Accounts Payable	77.41	131.78	102.62	124.71	153.71
Accrued Expenses	695.63	805.73	785.14	889.42	751.63
Current Portion of Long-Term Debt	-	-	-	-	133.34
Current Portion of Leases	75.52	73.94	75.26	77.43	75.47
Current Income Taxes Payable	20.55	25.74	25.43	26.88	57.79
Current Unearned Revenue	99.01	90.54	91.8	79.72	52.69
Other Current Liabilities	241.37	273.34	233.36	39.89	65.52
Total Current Liabilities	1,209	1,401	1,314	1,238	1,290
Long-Term Leases	267	305.46	303.88	331.98	348.49
Long-Term Deferred Tax Liabilities	15.22	68.56	41.05	56.96	89.51
Other Long-Term Liabilities	2.81	2.5	4.51	-	-
Total Liabilities	1,495	1,778	1,663	1,627	1,728
Common Stock	2.75	2.75	2.75	2.75	2.75
Additional Paid-In Capital	1,738	1,738	1,738	1,738	1,738
Retained Earnings	-122.98	-189.47	-291.81	-426.37	-412.69
Treasury Stock	-94.5	-94.6	-93.86	-91.17	-72.17
Comprehensive Income & Other	8.96	34.08	103.43	312.22	219.9
Total Common Equity	1,532	1,491	1,459	1,536	1,476
Minority Interest	-	-	1.09	-0.86	-3.36
Shareholders' Equity	1,532	1,491	1,460	1,535	1,473
Total Liabilities & Equity	3,027	3,268	3,123	3,162	3,201
Total Debt	342.51	379.4	379.14	409.41	557.3
Net Cash (Debt)	49.03	116.99	-172.19	-95.29	-223.75
Net Cash Growth	-58.09%	-	-	-	-
Net Cash Per Share	0.46	1.10	-1.63	-0.89	-1.98
Filing Date Shares Outstanding	109.78	109.78	109.95	103.39	106.69
Total Common Shares Outstanding	109.78	109.78	109.95	103.39	106.69
Working Capital	815.66	749.29	675.71	684.74	619.58
Book Value Per Share	13.96	13.58	13.27	14.85	13.83
Tangible Book Value	961.56	911.3	833.78	899.16	837.4
Tangible Book Value Per Share	8.76	8.30	7.58	8.70	7.85
Machinery	114.59	121.11	123.93	120.15	110.6
Leasehold Improvements	52.61	52.66	54.1	53.7	49.31