Equites Property Fund Limited (JSE:EQU)

Equites Property Fund Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Property, Plant & Equipment	20,485	24,478	24,227	23,786	24,987	18,896
Total Real Estate Assets	20,485	24,478	24,227	23,786	24,987	18,896
Cash & Equivalents	1,570	1,527	493.25	257.69	570.14	612.32
Accounts Receivable	1,238	1,038	390.72	271.35	67.84	285.7
Other Receivables	-	-	-	1.68	113.62	-
Investment In Debt and Equity Securities	77.21	100.98	205.37	276.67	165.28	27.42
Loans Receivable Current	5.57	11.65	3.01	2.9	10.46	-
Other Current Assets	6,536	1,861	3,113	3,086	1,116	550.78
Deferred Long-Term Tax Assets	-	0.01	3.58	3.29	162.77	120.03
Other Long-Term Assets	1,537	1,526	1,787	859.99	547	364.75
Total Assets	31,448	30,542	30,223	28,545	27,740	20,857
Current Portion of Long-Term Debt	2,244	1,529	2,632	3,618	1,026	984.56
Current Portion of Leases	-	27.77	32.9	37.49	38.64	-
Long-Term Debt	7,863	10,305	9,468	7,591	7,974	5,844
Accounts Payable	454.41	786.27	856.5	435.14	533.73	629.4
Current Income Taxes Payable	0.64	3.46	2.15	-	-	-
Other Current Liabilities	2,792	14.42	26.89	339.78	88.88	176.15
Long-Term Deferred Tax Liabilities	-	198.21	151.42	129.71	441.19	59.39
Other Long-Term Liabilities	161.99	121.3	107.86	122.07	125.53	153.97
Total Liabilities	13,516	12,985	13,278	12,273	10,229	7,847
Common Stock	12,837	12,965	12,258	12,136	12,171	9,337
Retained Earnings	74.2	-208.13	-99.99	-49.51	1,881	918.42
Comprehensive Income & Other	1,076	1,016	1,226	800.61	400.01	587.47
Total Common Equity	13,988	13,772	13,383	12,888	14,452	10,843
Minority Interest	3,945	3,785	3,562	3,384	3,060	2,167
Shareholders' Equity	17,933	17,557	16,945	16,272	17,512	13,010
Total Liabilities & Equity	31,448	30,542	30,223	28,545	27,740	20,857
Total Debt	10,107	11,862	12,133	11,247	9,039	6,828
Net Cash (Debt)	-8,537	-10,334	-11,640	-10,989	-8,469	-6,216
Net Cash Per Share	-10.16	-12.61	-14.74	-14.17	-12.21	-9.97
Filing Date Shares Outstanding	825.99	835.18	780.68	773.89	776.57	628.72
Total Common Shares Outstanding	825.99	835.18	780.68	774.05	776.57	628.72
Book Value Per Share	16.93	16.49	17.14	16.65	18.61	17.25
Tangible Book Value	13,988	13,772	13,383	12,888	14,452	10,843
Tangible Book Value Per Share	16.93	16.49	17.14	16.65	18.61	17.25
Land	-	1.55	156.01	-	-	-
Buildings	-	9.1	8.29	-	-	-

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.