JSE:BRN Balance Sheet

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	123.17	127.42	421.83	375.13	862.93
Cash & Short-Term Investments	123.17	127.42	421.83	375.13	862.93
Cash Growth	-3.33%	-69.79%	12.45%	-56.53%	-12.21%
Accounts Receivable	57.86	50.59	760.75	783.91	615.55
Other Receivables	0.1	7.89	154.44	118.46	139.81
Receivables	59.37	60.42	928.13	920.2	763.23
Inventory	67.09	72.1	1,208	1,155	1,062
Prepaid Expenses	-	-	65.69	57.57	54.78
Other Current Assets	-	72.54	263.83	48.93	58.87
Total Current Assets	249.62	332.47	2,887	2,557	2,802
Property, Plant & Equipment	19.38	23.98	2,660	2,614	2,386
Long-Term Investments	4,180	4,880	3,811	3,775	3,416
Goodwill	-	-	1,037	1,018	865.19
Other Intangible Assets	1.57	2.68	1,484	1,426	776.63
Long-Term Deferred Tax Assets	30.07	32.16	64.52	35.58	41.15
Other Long-Term Assets	7.46	4.33	186.87	122.71	105.93
Total Assets	4,496	5,283	12,256	11,656	10,498
Accounts Payable	54.42	52.34	598.87	618.88	594.3
Accrued Expenses	-	23.18	136.58	142.28	208.31
Short-Term Debt	-	-	56.12	24.72	53.03
Current Portion of Long-Term Debt	6.12	86.54	395.47	372.66	113.21
Current Portion of Leases	2.63	2.31	34.1	31.05	24.65
Current Income Taxes Payable	0.01	-	-	0.51	0.16
Current Unearned Revenue	-	-	4.37	2.78	28.5
Other Current Liabilities	84.31	67.72	283.39	291.81	305.25
Total Current Liabilities	147.5	232.08	1,509	1,485	1,327
Long-Term Debt	1,235	1,675	4,436	4,218	3,945
Long-Term Leases	9.77	13.88	216.65	210.96	141.66
Long-Term Unearned Revenue	-	-	30.99	34.34	32.15
Pension & Post-Retirement Benefits	-	-	-	18.85	20.59
Long-Term Deferred Tax Liabilities	1.61	70.71	925.35	875.28	630.61
Other Long-Term Liabilities	-	-	33.04	10.58	10.11
Total Liabilities	1,394	1,991	7,151	6,852	6,108
Common Stock	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	-	167.01	172.26	179.11	173.16
Retained Earnings	2,504	2,561	2,371	2,164	2,051
Comprehensive Income & Other	541.8	510.3	1,034	980.23	700.66
Total Common Equity	3,046	3,238	3,578	3,324	2,924
Minority Interest	56.07	52.77	1,527	1,480	1,466
Shareholders' Equity	3,102	3,291	5,104	4,803	4,391
Total Liabilities & Equity	4,496	5,283	12,256	11,656	10,498
Total Debt	1,253	1,777	5,139	4,857	4,278
Net Cash (Debt)	-1,130	-1,650	-4,717	-4,482	-3,415
Net Cash Per Share	-4.57	-6.80	-18.88	-17.87	-13.61
Filing Date Shares Outstanding	240.69	241.54	245.51	248.09	247.77
Total Common Shares Outstanding	240.69	241.54	245.51	248.09	247.77
Working Capital	102.13	100.39	1,378	1,073	1,474
Book Value Per Share	12.65	13.41	14.57	13.40	11.80
Tangible Book Value	3,044	3,236	1,057	879.6	1,283
Tangible Book Value Per Share	12.65	13.40	4.30	3.55	5.18
Land	-	29.65	379.93	458.36	443.98
Machinery	-	248.5	3,439	3,042	2,747
Leasehold Improvements	-	4.14	70.23	66.69	69.69

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.