Blu Label Unlimited Group Balance Sheet

Financials in millions ZAR. Fiscal year is June - May.

Millions ZAR. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	2,682	822.1	896.24	1,303	2,724	2,417
Short-Term Investments	-	-	-	12.91	11.69	-
Trading Asset Securities	22.02	411.07	0.62	61.03	14.01	143.8
Cash & Short-Term Investments	2,704	1,233	896.86	1,377	2,749	2,561
Cash Growth	201.45%	37.50%	-34.86%	-49.93%	7.35%	18.59%
Accounts Receivable	3,399	2,581	2,152	1,984	3,834	3,042
Other Receivables	16.27	538.27	478.01	381.11	460.78	419.33
Receivables	3,503	5,124	3,112	2,645	4,353	3,503
Inventory	248.43	4,665	4,409	2,835	1,143	965.95
Prepaid Expenses	-	1,186	637.42	714.48	463.84	357.64
Other Current Assets	1,629	990.62	751.04	1,447	1,120	1,242
Total Current Assets	8,085	13,199	9,807	9,018	9,830	8,629
Property, Plant & Equipment	158.94	198.69	257.74	248.94	231.58	252.94
Long-Term Investments	4,674	1,938	254.65	196.34	217.98	137.86
Goodwill	188.24	717.48	717.48	717.48	681.75	681.75
Other Intangible Assets	492.71	1,376	1,345	1,434	1,481	959.77
Long-Term Deferred Tax Assets	179.73	204.55	143.88	164.81	83.25	75.02
Long-Term Deferred Charges	-	133.74	120.57	149.18	184.15	91.85
Other Long-Term Assets	-	653.15	485.32	810.25	547.71	570.46
Total Assets	13,782	19,770	15,137	14,718	13,329	11,450
Accounts Payable	6,708	4,916	4,547	4,650	5,066	5,213
Accrued Expenses	-	522.13	408.48	312.3	577.64	489.04
Short-Term Debt	0.47	35.36	0.09	0	0.06	0.12
Current Portion of Long-Term Debt	1,325	2,673	1,166	2,230	2,094	1,704
Current Portion of Leases	11.96	10.39	23.47	9.24	37.38	32.86
Current Income Taxes Payable	20.9	21.23	30.03	68.28	21.47	14.5
Current Unearned Revenue	166.48	173.44	118.51	87.43	113.37	77.73
Other Current Liabilities	214.78	536.94	379.47	674.34	447.97	447.56
Total Current Liabilities	8,447	8,888	6,673	8,032	8,358	7,980
Long-Term Debt	2,914	2,744	2,910	1,843	474.47	2.78
Long-Term Leases	8.96	36.55	27.43	23.46	9.5	40.27
Long-Term Deferred Tax Liabilities	30.66	223.35	356.64	319.14	299.91	194.52
Other Long-Term Liabilities	140	242.64	57.72	61.82	-	-
Total Liabilities	11,541	12,135	10,025	10,279	9,141	8,217
Common Stock	7,635	7,580	7,562	7,521	7,545	7,543
Retained Earnings	-2,186	2,815	331.05	-316.34	-585.31	-1,612
Comprehensive Income & Other	-3,287	-2,835	-2,883	-2,877	-2,871	-2,733
Total Common Equity	2,162	7,560	5,010	4,328	4,088	3,198
Minority Interest	78.29	74.71	102.46	111.65	99.81	35.08
Shareholders' Equity	2,240	7,635	5,112	4,440	4,188	3,233
Total Liabilities & Equity	13,782	19,770	15,137	14,718	13,329	11,450
Total Debt	4,261	5,499	4,127	4,106	2,615	1,780
Net Cash (Debt)	-1,556	-4,266	-3,230	-2,729	133.87	780.73
Net Cash Growth	-	-	-	-	-82.85%	-
Net Cash Per Share	-1.73	-4.73	-3.59	-3.05	0.15	0.86
Filing Date Shares Outstanding	907.9	899.16	896.33	883.57	876.78	874.84
Total Common Shares Outstanding	907.9	899.16	896.33	883.57	876.78	874.84
Working Capital	-362.83	4,311	3,133	986.66	1,472	649.63
Book Value Per Share	2.38	8.41	5.59	4.90	4.66	3.66
Tangible Book Value	1,481	5,467	2,947	2,176	1,925	1,557
Tangible Book Value Per Share	1.63	6.08	3.29	2.46	2.20	1.78
Land	-	-	-	3.12	4.1	-
Buildings	-	-	-	-	-	4.1
Machinery	-	332.3	433.2	426.17	367.79	434.32
Leasehold Improvements	-	28.66	73.14	70.63	52.7	69.07

Source: S&P Global Market Intelligence. Standard template. Financial Sources.