Afine Investments 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
Property, Plant & Equipment	415.28	410.98	371.76	330.08	281.52
Cash & Equivalents	12.72	7.43	10.21	10.32	7.66
Accounts Receivable	0.02	1.34	0.09	0.07	-
Other Receivables	-	0.01	0.03	0.05	0.31
Other Long-Term Assets	21.82	25.12	26.1	26.35	20.17
Total Assets	449.84	444.87	408.19	366.88	309.66
Current Portion of Long-Term Debt	-	3.05	16.07	14.47	10.32
Long-Term Debt	102.45	104.47	95.18	94.26	68.94
Accounts Payable	2.68	0.21	0.16	0.27	0.07
Accrued Expenses	-	1.25	1.22	1.27	1.53
Current Income Taxes Payable	-	-	-	-	0.28
Other Current Liabilities	0.73	1.53	1.24	1.16	1.11
Total Liabilities	109.03	110.51	113.87	111.43	82.26
Common Stock	40.2	40.2	40.2	40.2	6
Retained Earnings	300.6	294.16	254.12	215.24	222.2
Comprehensive Income & Other	-	-	-	-	-0.8
Shareholders' Equity	340.8	334.36	294.33	255.45	227.4
Total Liabilities & Equity	449.84	444.87	408.19	366.88	309.66
Total Debt	105.62	107.52	111.25	108.73	79.27
Net Cash (Debt)	-92.9	-100.09	-101.04	-98.4	-71.6
Net Cash Per Share	-1.28	-1.38	-1.39	-1.36	-1.40
Filing Date Shares Outstanding	72.55	72.54	72.54	72.54	64
Total Common Shares Outstanding	72.55	72.54	72.54	72.54	64
Book Value Per Share	4.70	4.61	4.06	3.52	3.55
Tangible Book Value	340.8	334.36	294.33	255.45	227.4
Tangible Book Value Per Share	4.70	4.61	4.06	3.52	3.55